**REGISTERED CHARITY NUMBER: 1159502**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **FOR**
## **TWYN COMMUNITY HUB**
Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
**TWYN COMMUNITY HUB**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Cash Flow Statement**||8||
|**Notes to the Cash Flow Statement**||9||
|**Notes to the Financial Statements**|10|to|23|
**TWYN COMMUNITY HUB**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The Charity was registered as a Charitable Incorporated Organisation on the 5th December 2014.
The Charity changed its name to Twyn Community Hub on the 22nd January 2019.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To act as a resource for young people up to the age of 25 living in Merthyr Tydfil and the surrounding area by providing advice and assistance and organising programmes of physical, educational, and other activities as a means of:
(a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;
(b) providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons."
## **Public benefit**
We have complied with the duty in section 17 of the 2011 Charities Act to have due regard to guidance published by the Commission in respect of our duty to provide public benefit.
Our charity purpose is to act as a resource for young people up to the age of 25 living in Merthyr Tydfil and the surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities.
Page 1
**TWYN COMMUNITY HUB**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025**
## **ACHIEVEMENTS AND PERFORMANCE Charitable activities Overview**
2025 has been a year of growth, resilience, and meaningful community connection for Twynyrodyn Community Hub.
Guided by our Asset-Based Community Development (ABCD) approach, we have continued to recognise and build upon the strengths, skills, and experiences within our community to create opportunities for people to connect, contribute, and thrive.
Throughout the year, our work focused on three key priorities:
Strengthening wellbeing and resilience for children, families, and older residents through inclusive and preventative support.
Creating sustainable and welcoming community spaces shaped by local need and community voice.
Building social capital through volunteering, partnership working, and community-led action.
These priorities have enabled us to respond to immediate needs while also building a stronger sense of belonging, confidence, and community pride.
## **Funding, Programmes and Community Impact**
During 2025, we were grateful to receive funding and support from a range of partners and organisations that enabled us to deliver meaningful programmes across the community. Funding across all projects supported not only direct delivery, but also core organisational costs, staffing resources, volunteer support, and the ongoing maintenance and use of community buildings and facilities.
## **Brighter Days - All Inclusive Sports & Healthy Behaviours Grant**
This project supported children and families with disabilities through weekly inclusive sport and healthy lifestyle sessions. Families accessed opportunities for physical activity, healthy food, and social connection within a safe and welcoming environment that promoted wellbeing, confidence, and inclusion.
## **Community Foundation in Wales - Three-Year Grant**
This funding continued to support activities aimed at reducing loneliness and isolation across the community. Through initiatives such as Soup & Songs and community coffee mornings, residents were able to access safe and supportive spaces for social connection, friendship, and emotional wellbeing.
## EGIN - Food Growing Project
The EGIN project brought people together through food growing, environmental learning, and shared community spaces. The project encouraged food sustainability, healthier lifestyles, and practical learning while strengthening community relationships and pride in the local environment.
## Holiday Play and Youth Provision
Holiday Play sessions and weekly youth activities provided safe, engaging, and inclusive opportunities for children and young people throughout the year. Through open access play, trips, and youth-led activities, young people were supported to build confidence, resilience, creativity, and positive relationships.
## **Kind Hands Lottery**
This project supported emotional wellbeing through acts of kindness, peer support, and community-based activities that helped reduce isolation and strengthen relationships across all age groups.
## **Food Poverty Grant Funding (Pantry)**
Supported by MTCBC, funding was made available for an "Older Persons Christmas Celebration". This funding enabled the delivery of a Christmas meal and entertainment event for older residents, providing companionship, celebration, and connection during the festive period.
Page 2
**TWYN COMMUNITY HUB**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025**
Our weekly food pantry continued to support individuals and families on low incomes through access to affordable food in a dignified and welcoming environment. The pantry also created opportunities for residents to access wider support and reduce social isolation.
## **Community Development and Wellbeing**
Our ABCD approach remains central to everything we do. We continue to focus on recognising local strengths, encouraging community leadership, and creating opportunities for people to support one another.
Through our wellbeing projects, coffee mornings, food initiatives, youth activities, and volunteering opportunities, we have created spaces where people feel welcomed, valued, and connected. These programmes have contributed positively to emotional wellbeing, community resilience, and social inclusion across Twynyrodyn.
## **Sustainability and Partnership Working**
Partnership working continues to play a vital role in the success of the Hub. During 2025, we strengthened relationships with schools, local organisations, public services, and community groups to extend our reach and maximise impact.
Our commitment to sustainability also continued to grow through projects focused on food growing, reducing waste, and encouraging environmental awareness and healthier lifestyles within the community
.
## **Challenges and Resilience**
During 2025, the Hub experienced a break-in at the premises which caused disruption and additional pressure on resources. Despite this challenge, activities continued with minimal interruption thanks to the support of volunteers, partners, and the wider community. Trustees reviewed security arrangements and implemented additional measures to support the continued safety and sustainability of the Hub.
## **Looking Forward**
As we move into 2026, we remain committed to strengthening community wellbeing, expanding inclusive opportunities for children and families, supporting mental health, and growing community-led leadership and volunteering.
We will continue to build on the strengths within our community and ensure that Twynyrodyn Community Hub remains a welcoming, supportive, and sustainable space for all.
## **Acknowledgements**
The trustees would like to thank our volunteers, funders, partners, and residents for their continued support, commitment, and generosity throughout 2025. Your contribution continues to make a lasting difference to our community and the people we serve.
## **FINANCIAL REVIEW**
## **Grants and Fundraising**
Twyn Community Hub has been lucky enough to receive some grant funding from generous organisations, these can be seen in note 4 in the accounts.
## **Reserves policy**
Twyn Community hub are keenly aware of the need to secure our viability beyond the immediate future. In order to be able to provide reliable services over the longer term. Twyn community hub must be able to absorb setbacks and take advantage of change and opportunity. We provide for this by putting aside, when we afford it, some of our current income as a reserve against future uncertainties.
A minimum level of reserves required for 1 quarter = £15,000. Twynyrodyn Community Hub accepts that where possible it will need absorb setbacks and take advantage of change and opportunity. Twyn Community provide for this by putting aside, when we afford it, some of our current income as a reserve against future uncertainties.
The charity currently holds free reserves of £11,072 (2024: £2,131). The target reserves level, as stated above, is £15,000 being required spend for one financial quarter. The charity will make every effort in the coming years to increase free reserve to this level..
Twyn community hub will continue to fundraise, welcome donations and use our premises for rental to retain and build reserves. Since our hire charges are significantly cheaper than other local halls, there is unlikely to be a problem increasing our rates if we need too.
Page 3
**TWYN COMMUNITY HUB**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation.
## **Recruitment and appointment of new trustees**
New Trustees must be interviewed by the current Board of Trustees, and if appointed are informed of their legal obligations under charity law, the decision making process and the business plan and recent financial performance of the charity. The charity aims to recruit people who can offer a range of skills for example personnel, training, finance etc.
## **Organisational structure**
The charity currently has 4 trustees. The maximum number of charity trustees is 12. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1159502
## **Principal address**
TAG Community Centre Glasier Road Twynyrodyn Merthyr Tydfil CF47 0TD
## **Trustees**
C J Palmer K Smart (resigned 1.1.26) D McInnes S Hier R Davies C L M Viney (appointed 29.7.26)
## **Independent Examiner**
Richard I Knoyle ACA FCCA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
## **Bankers**
HSBC Bank Plc 127-128 High Street Merthyr Tydfil CF47 8DN
## **Charity day to day management**
## C.J.Palmer
Approved by order of the board of trustees on 5 August 2026 and signed on its behalf by:
C J Palmer - Trustee
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TWYN COMMUNITY HUB**
## **Independent examiner's report to the trustees of Twyn Community HUB**
I report to the charity trustees on my examination of the accounts of Twyn Community HUB (the Trust) for the year ended 31 December 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Richard I Knoyle ACA FCCA The Institute of Chartered Accountants in England and Wales
Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
5 August 2026
Page 5
**TWYN COMMUNITY HUB**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
4,528
**Charitable activities**
4
Youth Club
4,273
Other trading activities
3
-
Other income
10,734
**Total**
19,535
**EXPENDITURE ON**
**Charitable activities**
5
Youth Club
14,872
**NET INCOME/(EXPENDITURE)**
4,663
**Transfers between funds**
19
4,086
**Net movement in funds**
8,749
**RECONCILIATION OF FUNDS**
Total funds brought forward
5,971
**TOTAL FUNDS CARRIED FORWARD**
14,720|Restricted
funds
£
-
113,971
-
-
113,971
173,019
(59,048)
(4,086)
(63,134)
94,639
31,505|2025
Total
funds
£
4,528
118,244
-
10,734
133,506
187,891
(54,385)
-
(54,385)
100,610
46,225|2024
Total
funds
£
10,301
276,113
678
-
287,092
229,808
57,284
-
57,284
43,326
100,610|
|---|---|---|---|
The notes form part of these financial statements
Page 6
## **TWYN COMMUNITY HUB**
## **BALANCE SHEET 31 DECEMBER 2025**
|Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Stocks
13
Debtors
14
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
16
**NET ASSETS**
**FUNDS**
19
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2025
£
33,152
2,000
932
26,374
29,306
(6,782)
22,524
55,676
(9,451)
46,225
14,720
31,505
46,225|2024
£
38,320
4,500
12,835
65,242
82,577
(9,261)
73,316
111,636
(11,026)
100,610
5,971
94,639
100,610|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 5 August 2026 and were signed on its behalf by:
C J Palmer - Trustee
The notes form part of these financial statements
Page 7
**TWYN COMMUNITY HUB**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|2025
£
(38,868)
(38,868)
(38,868)
65,242
26,374|2024
£
10,845
10,845
10,845
54,397
65,242|
|---|---|---|
The notes form part of these financial statements
Page 8
**TWYN COMMUNITY HUB**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025**
## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net (expenditure)/income for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
Decrease in stocks
Decrease/(increase) in debtors
Decrease in creditors
**Net cash (used in)/provided by operations**|2025
£
(54,385)
5,168
2,500
11,903
(4,054)
(38,868)|2024
£
57,284
10,635
2,500
(6,325)
(53,249)
10,845|
|---|---|---|
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
|**Net cash**|At 1/1/25
Cash flow
At 31/12/25
£
£
£|
|---|---|
|Cash at bank and in hand|65,242
(38,868)
26,374|
||65,242
(38,868)
26,374|
|**Debt**||
|Debts falling due within 1 year|(1,575)
-
(1,575)|
|Debts falling due after 1 year|(11,026)
1,575
(9,451)|
||(12,601)
1,575
(11,026)|
|**Total**|52,641
(37,293)
15,348|
The notes form part of these financial statements
Page 9
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Legal form**
The charity is a charitable incorporated organisation, registered in England and Wales.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
The following specific policies are applied:
**Voluntary income** received by way of grants, gifts or donation is included in full on receipt unless it is subject to a condition when it is treated as deferred income.
**Deferred income** . Income or grants received in advance are held as deferred income and carried forward to future accounting periods to be released when the defined purpose of the work or project have been completed, approved or certified.
**Gifts in kind** are included in the income and expenditure account where they are applied in carrying out charitable activities, where the company would otherwise have to purchase the donated facility and the benefit is both quantifiable and material. The quantifiable benefit is shown as both incoming and expended resources within the appropriate funds. Where the gift is an asset it is treated as income and taken to stock or fixed assets as appropriate. The value of services provided by volunteers is not quantified.
**Investment income** is included when receivable.
**Other income.** This is contributions from restricted funds towards core costs of the organisation. An unrestricted designated fund is to be used to hold all such contributions prior to them being expended.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Tangible fixed assets are included in the balance sheet at historic cost less accumulated depreciation. Grant receipts which fund fixed asset acquisitions are taken to restricted funds and the appropriate depreciation charge is made against those funds over the expected useful life of the asset.
Improvements to property - 4% on cost Plant & machinery - 25% reducing balance Motor vehicles - 25% reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
continued...
Page 10
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
Pension costs are contributions made by the charitable company to both employees own personal pension schemes together with contributions made to the employees government work place pension scheme.
## **Debtors and creditors receivable/payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.
## **Going concern**
The trustees believe that the organisation's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the organisation's needs and that no material uncertainty exists. See Note 23 for further information.
## **2. DONATIONS AND LEGACIES**
|Donations
Service Level Agreement
**OTHER TRADING ACTIVITIES**
Fundraising events|2025
£
4,528
-
4,528
2025
£
-|2024
£
2,801
7,500
10,301
2024
£
678|
|---|---|---|
## **3. OTHER TRADING ACTIVITIES**
continued...
Page 11
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **4. INCOME FROM CHARITABLE ACTIVITIES**
|Activity
Grants
Youth Club
Rental income
Youth Club
Grants received, included in the above, are as follows:
VAMT
Margaret Davies Charitable Fund
Community Foundation in Wales
Merthyr Tydfil County Borough Council
Co-op
Cymryd Rhan
RCTCBC
National Lottery Community Fund
Council for Wales Voluntary Youth Services
Interlink (Just Breathe)
Welsh Government
StreetGames
SWPCC
**5.**
**CHARITABLE ACTIVITIES COSTS**
Youth Club
**6.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
Other costs|Direct
Costs (see
note 6)
£
179,903|2025
£
113,971
4,273
118,244
2025
£
-
-
10,000
84,101
-
-
2,000
3,744
10,000
-
3,326
800
-
113,971
Support
costs (see
note 7)
£
7,988
2025
£
55,334
124,569
179,903|2024
£
270,332
5,781
276,113
2024
£
5,901
7,000
-
77,818
5,000
500
-
161,655
-
8,758
-
3,200
500
270,332
Totals
£
187,891
2024
£
90,249
126,800
217,049|
|---|---|---|---|
continued...
Page 12
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **7. SUPPORT COSTS**
|**SUPPORT COSTS**|**SUPPORT COSTS**|**SUPPORT COSTS**|**SUPPORT COSTS**|**SUPPORT COSTS**|**SUPPORT COSTS**|
|---|---|---|---|---|---|
|Information
Governance
Finance
technology
costs
Totals
£
£
£
£
Youth Club
3,074
1,914
3,000
7,988
**Governance:**||||||
|Accountancy & independent examination fee|||||£
3,000|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.
## **Trustees' expenses**
The trustees did not receive any emoluments; out of pocket expenses were reimbursed which were not in excess of £Nil (2024: £Nil).
## **9. STAFF COSTS**
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Average number of employees|2025
£
54,322
1,012
55,334
2025
4|2024
£
88,634
1,615
90,249
2024
7|
|---|---|---|
No employees received emoluments in excess of £60,000.
There are no high paid staff.
Included in the above is employers national insurance contributions amounting to £NIL.
The key management of the charity comprises the Directors/Trustees. The total benefits of the the key management personnel of the charity was £Nil (2024: £Nil).
Included in other costs is an amount of £1,242 relating to redundancy payments in the year.
continued...
Page 13
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
|**10.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
10,300
**Charitable activities**
Youth Club
12,932
Other trading activities
678
**Total**
23,910
**EXPENDITURE ON**
**Charitable activities**
Youth Club
11,036
**NET INCOME**
12,874
**RECONCILIATION OF FUNDS**
Total funds brought forward
(6,904)
**TOTAL FUNDS CARRIED FORWARD**
5,970|Restricted
funds
£
1
263,181
-
263,182
218,772
44,410
50,230
94,640|Total
funds
£
10,301
276,113
678
287,092
229,808
57,284
43,326
100,610|
|---|---|---|
## **11. INDEPENDENT EXAMINER'S REMUNERATION**
The Independent Examiner’s remuneration constituted an independent examiners fee of £3,000 (2024: £4,300).
## **12. TANGIBLE FIXED ASSETS**
|Improvements
to
Plant and
property
machinery
£
£
**COST**
At 1 January 2025 and 31 December 2025
27,574
49,803
**DEPRECIATION**
At 1 January 2025
5,515
41,888
Charge for year
1,103
1,978
At 31 December 2025
6,618
43,866
**NET BOOK VALUE**
At 31 December 2025
20,956
5,937
At 31 December 2024
22,059
7,915|Motor
vehicles
Totals
£
£
35,170
112,547
26,824
74,227
2,087
5,168
28,911
79,395
6,259
33,152
8,346
38,320|
|---|---|
continued...
Page 14
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **13. STOCKS**
|Stocks
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other loans (see note 17)
Social security and other taxes
Accrued expenses
Credit card
**16.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Other loans (see note 17)
**17.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
WCVA Resilience loan
Amounts falling due in more than five years:
Repayable by instalments:
WCVA Resilience loan|2025
£
2,000
2025
£
-
932
932
2025
£
1,575
1,578
3,000
629
6,782
2025
£
9,451
2025
£
1,575
9,451|2024
£
4,500
2024
£
9,053
3,782
12,835
2024
£
1,575
-
5,300
2,386
9,261
2024
£
11,026
2024
£
1,575
11,026|
|---|---|---|
continued...
Page 15
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **18. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Fixed Assets
Net Current Assets|Unrestricted
Funds
£
3,648
11,072
14,720|Restricted
Funds
£
29,505
2,000
31,505|Year to
31/12/2025
Total Funds
£
33,153
13,072
46,225|ear to
31/12/2024
Total Funds
£
38,320
62,290
100,610|
|---|---|---|---|---|
## **19. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General Youth Club Fund
Designated Fixed Assets
**Restricted funds**
Community Foundation in Wales Fund
Restricted Fixed Assets Fund
National Lottery Community Fund -
Connecting Com
Summer of Fun
CWVYS Summer Fun
Kind Hands Warm Heart (NLF)
Ffos Y Fran Youth
EGIN
Brighter Days Disability Project (PHW)
Holiday Open Access
Food Poverty Grant Funding (Pantry)
Holiday Playword Project
PSA Funding
**TOTAL FUNDS**|At 1/1/25
£
2,131
3,840
5,971
-
34,481
27,798
1,925
-
12,435
7,300
7,500
3,200
-
-
-
-
94,639
100,610|Net
movement
in funds
£
4,855
(192)
4,663
4,614
(4,976)
(27,798)
(2,225)
2,000
(12,436)
(7,287)
(7,500)
(2,400)
(35)
(542)
(464)
1
(59,048)
(54,385)|Transfers
between
funds
£
4,086
-
4,086
(4,614)
-
-
300
-
1
(13)
-
(800)
35
542
464
(1)
(4,086)
-|At
31/12/25
£
11,072
3,648
14,720
-
29,505
-
-
2,000
-
-
-
-
-
-
-
-
31,505
46,225|
|---|---|---|---|---|
continued...
Page 16
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **19. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Youth Club Fund
Designated Fixed Assets
**Restricted funds**
Community Foundation in Wales Fund
Restricted Fixed Assets Fund
National Lottery Community Fund -
Connecting Com
Summer of Fun
CWVYS Summer Fun
Kind Hands Warm Heart (NLF)
Ffos Y Fran Youth
EGIN
Brighter Days Disability Project (PHW)
Holiday Open Access
Food Poverty Grant Funding (Pantry)
Holiday Playword Project
PSA Funding
RCT Together
WG Child Poverty Strategy
**TOTAL FUNDS**|Incoming
resources
£
19,535
-
19,535
10,000
-
-
-
10,000
-
54,419
3,744
800
4,610
21,153
1,500
2,419
2,000
3,326
113,971
133,506|Resources
Movement
expended
in funds
£
£
(14,680)
4,855
(192)
(192)
(14,872)
4,663
(5,386)
4,614
(4,976)
(4,976)
(27,798)
(27,798)
(2,225)
(2,225)
(8,000)
2,000
(12,436)
(12,436)
(61,706)
(7,287)
(11,244)
(7,500)
(3,200)
(2,400)
(4,645)
(35)
(21,695)
(542)
(1,964)
(464)
(2,418)
1
(2,000)
-
(3,326)
-
(173,019)
(59,048)
(187,891)
(54,385)|
|---|---|---|
continued...
Page 17
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **19. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
||At 1/1/24|in funds|31/12/24|
||£|£|£|
|**Unrestricted funds**||||
|General Youth Club Fund|(15,047)|17,178|2,131|
|Designated Fixed Assets|8,143|(4,303)|3,840|
|**Restricted funds**|(6,904)|12,875|5,971|
|Restricted Fixed Assets Fund|40,813|(6,332)|34,481|
|National Lottery Community Fund -||||
|Connecting Com|-|27,798|27,798|
|Summer of Fun|1,925|-|1,925|
|Kind Hands Warm Heart (NLF)|-|12,435|12,435|
|Winter Youth Fund|3,108|(3,108)|-|
|MTCBC Food Poverty Grant Fund|1,384|(1,384)|-|
|Global Village Grant Fund|3,000|(3,000)|-|
|Ffos Y Fran Youth|-|7,300|7,300|
|EGIN|-|7,500|7,500|
|Brighter Days Disability Project (PHW)|-|3,200|3,200|
||50,230|44,409|94,639|
|**TOTAL FUNDS**|43,326|57,284|100,610|
|||||
continued...
Page 18
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **19. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Youth Club Fund
Designated Fixed Assets
**Restricted funds**
Restricted Fixed Assets Fund
National Lottery Community Fund -
Connecting Com
Fit & Fed
Summer of Fun
Kind Hands Warm Heart (NLF)
Disability Fit & Fed Fund
Ambassadors Project Fund
Just Breathe Fund
Winter Youth Fund
MTCBC Food Poverty Grant Fund
Global Village Grant Fund
Miscellaneous Small Grants Fund
Lettuce Talks
Warm Spaces (MTCBC)
Ffos Y Fran Youth
EGIN
Brighter Days Disability Project (PHW)
Holiday Open Access
Food Poverty Grant Funding (Pantry)
Snug Spot (Multiply)
**TOTAL FUNDS**|Incoming
resources
£
23,909
-
23,909
-
100,685
4,828
1,500
49,739
2,785
1,198
8,758
-
5,148
-
500
7,000
8,500
40,000
11,232
3,200
2,610
10,500
5,000
263,183
287,092|Resources
Movement
expended
in funds
£
£
(6,731)
17,178
(4,303)
(4,303)
(11,034)
12,875
(6,332)
(6,332)
(72,887)
27,798
(4,828)
-
(1,500)
-
(37,304)
12,435
(2,785)
-
(1,198)
-
(8,758)
-
(3,108)
(3,108)
(6,532)
(1,384)
(3,000)
(3,000)
(500)
-
(7,000)
-
(8,500)
-
(32,700)
7,300
(3,732)
7,500
-
3,200
(2,610)
-
(10,500)
-
(5,000)
-
(218,774)
44,409
(229,808)
57,284|
|---|---|---|
continued...
Page 19
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **19. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General Youth Club Fund
Designated Fixed Assets
**Restricted funds**
Community Foundation in Wales Fund
Restricted Fixed Assets Fund
Summer of Fun
CWVYS Summer Fun
Kind Hands Warm Heart (NLF)
Winter Youth Fund
MTCBC Food Poverty Grant Fund
Global Village Grant Fund
Ffos Y Fran Youth
Brighter Days Disability Project (PHW)
Holiday Open Access
Food Poverty Grant Funding (Pantry)
Holiday Playword Project
PSA Funding
**TOTAL FUNDS**|At 1/1/24
£
(15,047)
8,143
(6,904)
-
40,813
1,925
-
-
3,108
1,384
3,000
-
-
-
-
-
-
50,230
43,326|Net
movement
in funds
£
22,033
(4,495)
17,538
4,614
(11,308)
(2,225)
2,000
(1)
(3,108)
(1,384)
(3,000)
13
800
(35)
(542)
(464)
1
(14,639)
2,899|Transfers
between
funds
£
4,086
-
4,086
(4,614)
-
300
-
1
-
-
-
(13)
(800)
35
542
464
(1)
(4,086)
-|At
31/12/25
£
11,072
3,648
14,720
-
29,505
-
2,000
-
-
-
-
-
-
-
-
-
-
31,505
46,225|
|---|---|---|---|---|
continued...
Page 20
## **TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **19. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Youth Club Fund
Designated Fixed Assets
**Restricted funds**
Community Foundation in Wales Fund
Restricted Fixed Assets Fund
National Lottery Community Fund -
Connecting Com
Fit & Fed
Summer of Fun
CWVYS Summer Fun
Kind Hands Warm Heart (NLF)
Disability Fit & Fed Fund
Ambassadors Project Fund
Just Breathe Fund
Winter Youth Fund
MTCBC Food Poverty Grant Fund
Global Village Grant Fund
Miscellaneous Small Grants Fund
Lettuce Talks
Warm Spaces (MTCBC)
Ffos Y Fran Youth
EGIN
Brighter Days Disability Project (PHW)
Holiday Open Access
Food Poverty Grant Funding (Pantry)
Snug Spot (Multiply)
Holiday Playword Project
PSA Funding
RCT Together
WG Child Poverty Strategy
**TOTAL FUNDS**|Incoming
resources
£
43,444
-
43,444
10,000
-
100,685
4,828
1,500
10,000
49,739
2,785
1,198
8,758
-
5,148
-
500
7,000
8,500
94,419
14,976
4,000
7,220
31,653
5,000
1,500
2,419
2,000
3,326
377,154
420,598|Resources
Movement
expended
in funds
£
£
(21,411)
22,033
(4,495)
(4,495)
(25,906)
17,538
(5,386)
4,614
(11,308)
(11,308)
(100,685)
-
(4,828)
-
(3,725)
(2,225)
(8,000)
2,000
(49,740)
(1)
(2,785)
-
(1,198)
-
(8,758)
-
(3,108)
(3,108)
(6,532)
(1,384)
(3,000)
(3,000)
(500)
-
(7,000)
-
(8,500)
-
(94,406)
13
(14,976)
-
(3,200)
800
(7,255)
(35)
(32,195)
(542)
(5,000)
-
(1,964)
(464)
(2,418)
1
(2,000)
-
(3,326)
-
(391,793)
(14,639)
(417,699)
2,899|
|---|---|---|
## **Activities undertaken with each major fund**
The restricted funds of the charity have been applied during the year or are held for future expenditure in the following areas:
## **MTCBC - SLA**
One year's youth provision staffing, running and activity costs to mitigate the impact of income and social disadvantage, and increase wellbeing, participation and active citizenship among young people aged 8 to 25 years.
## **Restricted Fixed Assets**
continued...
Page 21
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **19. MOVEMENT IN FUNDS - continued**
Restricted Fixed Asset fund represents the amounts set aside to write down the remaining net book value of fixed assets held against restricted funds.
## **National Lottery Community Fund (Connecting.com)**
This is to fund a project employing staff and working with the community to prevent isolation and loneliness.
## **MTCBC Food Poverty Grant Funding (Pantry)**
This is to fund an accessible food pantry serving residents of the Town Ward, with the aim to reduce food insecurity and support low-income families with essential supplies.
## **Just Breathe**
This is a Carer Grant Support, to provide short breaks, social activities, trips, and events for unpaid carers, with the aim to improve the mental health and wellbeing of those in caregiving roles.
## **Disability Fit & Fed**
This is funding weekly physical activity and food provision for children and young people with disabilities during school holidays, to ensure inclusion, healthy living, and holiday support for families with additional needs.
## **Lettuce Talks**
This creatively named project may combine elements of gardening, food education, and community wellbeing. It likely encourages healthy living and sustainability through hands-on activities and open conversations about nutrition and lifestyle choices.
## **Ffos Y Fran Youth**
Funded by the Ffos Y Fran Community Fund, this project supports youth engagement through activities such as sports, arts, and leadership development. It aims to empower young people by offering constructive outlets and opportunities for growth.
## **EGIN**
This Welsh initiative supports grassroots climate action by helping communities adopt sustainable practices. The grant may fund environmental education, local green projects, and efforts to raise awareness about climate change and ecological responsibility.
## **Brighter Days Disability Project (PHW)**
Funded by Public Health Wales, this project seeks to enhance the wellbeing of disabled individuals. It likely includes inclusive activities, access to support services, and health promotion efforts tailored to the needs of the disability community.
## **Holiday Open Access**
This grant supports open-access holiday programs for children and young people, running from July 2024 to February 2025. It provides free or low-cost activities during school breaks, ensuring that all children have access to enriching experiences regardless of financial background.
## **Snug Spot (Multiply)**
Part of the Multiply program, this project creates warm and inviting spaces where adults can improve their numeracy skills. The relaxed setting encourages learning without pressure, helping participants build confidence in everyday math.
## **Other Restricted Grants**
The outcomes of other restricted grants are noted in the Trustee Report.
continued...
Page 22
**TWYN COMMUNITY HUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025**
## **20. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2025.
## **21. ULTIMATE CONTROLLING PARTY**
The Charity is controlled by its Trustees.
## **22. GIFTS IN KIND**
The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them.
The number of hours contributed by volunteers in the year was approximately 4,500 (2024: 6,000).
## **23. GOING CONCERN**
The financial statements have been prepared on a going concern basis. Activities of the charity post 31st December 2025 are subject to additional funding being obtained, but the Trustees are confident this will be received.
The trustees therefore believe that the organisation's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the organisation's needs and that no material uncertainty exists.
## **24. ANALYSIS OF DESIGNATED FUNDS**
Designated funds represents the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.
|Unamortised fixed assets
Designated funds|2025
£
3,648
3,648|2024
£
3,840
3,840|
|---|---|---|
Page 23