Compan!. registration numkr.. 09517850 Charli) regi5tTation nurnb¢r.' 116.1193 Glamorgan Voluntary Services IA Lompan!, limi￿￿ b). ¥uaraiiiLLI Annual Rerx)rt and Financial Sthi¢m¢nts f()r Year Endthj 31 MiwLh 2()25 I ISJ Audit LiTllit¢d Regi5t¢rtd Auditor5 Sei ern Hc)us Hazell Drive Nciwrl South W'ales NPln8FY Glamorgan Voluntary Services Contents Trusiees, Report 110 13 Ind¢￿ndent Auditor5, RepK)rt 1410 16 Statement of l.'inancial Actii'ilies 1710 18 Balance She 19 Srat¢meni ol-cash FIoM¥ 20 Niil¢s l(1 lh¢ FinanLial Siutements 2111)36 Glamorgan Voluntary Services Trustees, Report The trustees, w'ho are directs)rs for ihc purp)ses of compan!, laM'. present the annual rcrrf)rt Logether with the tinancial statements and audiior5' re￿rt of the charitsble compan)" for the I'edr ended 31 March 2025. BACKCROUND Crlami>r¥￿ Vi)lurtiarN Ser%'i¢es is the Volunthr)" C()urt¢il ICVCI f()r the Vale (IfcJlami)rgJrt. CTVS 1% Ihe urnbrella tX)Ll}' fi)r the Vale i)r CJlatni)rgan'% thirJ ()r ic)lunim' %ecti)r and i)UT T()le ]% li) 8upp(ITL dei'Llop and rLpfLSLni Ihird SLYior or8anisaiions and promoie i'oluniLxYing in ihe Vale ol'Cilamor8an. Ille hai'e a tIoLirishing mLYnbcrship ot. somL 775 communin organis&iions athii'e In ihc Valc ot. Glamorgan. We help 10 improi'e Ihe qualitv ol. life of people and communiiies b%. supw>rtin8 iolunieers i'olunieLring OPPK>rtuniiiLS and voluDiary gr(Jup%. 'I'hrii'ing and cohesive communiiie5 re4uire actLI'e engagement and inioli'eineni of local Feople. 'I"here 15 an inLrLu4ing rolc Ii)T thL third %cLlI)r in thL dcliiLrs' 1)f seniLe% and thth, hui¢ ini'aluahlL r()IL paTthcr4 and adi'oLaiLs tor loLal Lommuni¢iLs. Our scn'i¢¢s h¢lp ¢0 pro¥'id¢ a plaitomi lor a illibrani and n)bu%¢ oliiniar). s¢¢¢or. ()(Ir Vi%ii)n is c)I' a ialuld and rL'srKilid Volunian %Lxior. in i¥hich GVS scrncs as a ILadcr. cllcllivc 4iraiL'b11L parin¢r and model Ol'g￿mI pra¢iiL¢ lor ihe S¢Ltor. ()(Ir Missic)n is thJ¢ (iVS aspirl's li) ¢mw)ii"iY wplL. inspir¢ c.x¢¢ll¢ni*. and ￿ren81h￿ ￿)mmUnItIeS by iimulaiin8 and dL%'L,loping i'i)luntsTh aLlii)n. ()Iir ialuks di¢¥miin¥ i¥hai i¥¢ do and ihL' w¢ do il. (IVS is tt*mmiit￿ 10.. * Wc)rking ii)Ilahiraiii¢l>' with oth¢rs. IILing a ILaming and Lmabling organisaiion. • ('(InduLlin8 ()ur bu%inc%s with inlL8riti in an h(In￿l. trnnsparcnl. and acLM)untsblc M'QY. • RLLCl8nisins and valuins starrand voluniccrs &% our 8TLMltsl fL￿OUr￿￿ and ini'tslin8 in aLuiTdin81y. • N'i)lunlar>' and Lx>mmunitN aLIi4)n ihai is fundamenial ￿ the development ora demixrdLIL and 8OLialli' inLlu%iNe 51)LiLI>. • Dii'ersity and equaliii. ofopFrf>rtuniiv. • The value and niles 4)ffvc)luni¢ers and is wmmiit¢d ￿ i"olunittrin * Susiainahle de%'el£)pment. Valuing lis ind¢￿nden¥¢ anJ t() iiorking in mutuall)" Ixn¢ficial partnejships ilith OLh¢rs for Lh¢ b¢n¢fil i>f its Llti/En%. * The aLhievement (if qualily s￿nd￿￿% an41 serviLes. Page I Glamorgan Voluntary Services Trustees, Report ACHIEVEMENTS AND PERFORMANCE This rLNiLlI' looks ai ii'hai IYL hai'c aLhiC1L￿ and ihe ou￿meS ot'our iTrA)Tk in the preceding Thi'eli'c months. The re*iew also hLlps us cnsure our aims. objeeiiics and actii'iiics remaincd focused on our stsied objectiies. We have relerred 10 the guidance contsined in Ihe C'harii!. C-ommission s general guidance on public benefit w.hen Tel'io4ing our airn5 an(1 LibjeLlii'es Jn(J in pliinning our fulure aclii-itie5. This enSUTe% thai i¥e L7)nliiiue our pnirni)tiiin lif an), Lhl'iraining u)ur%¢% h&$ (k.%"¢I0￿%1 for gr(iup% Jnd i)rgani%aLlI)n% ()p¥raiing ii) lh¢ Vdl¢ i)I' (IlJmi)rgJn Ici imbrJ¢¢ %()iiJl Mixlia. 'I'his. ii)&i%h¢Y li ith (iur ()1111 IXlin%iwi us¢ ()I' %iKiJl mixli iniluding t.all￿m)k and X. PTi)i'idL5 LIILLIiiL Jnd uscful Io sharc nciv5 and inliirmaii(m with (iur niLmk'r5 nd the wider scclor. 1.1.3 1)isitsl l)latlonn5 l)LirinB 21124125 (IVS. in partnLrship ii.ith C"c)unii' V()lunLm. Ci)unLiIty WalLS and WalL% C'i>unLiI fi)r 'oluntar)' ALtion. ionlinued to usc a M'alc.s Ilyidc C-us¢omcr RclalionEhip Managcrncnt %>Eliin ICRMI. a WalLS Il'idl IW()luniLLr ManagLmiml S) 5km und a Walc5 M'idc l."undin¥ l.acilil). l.undin¥ 11 allb. l.2. Development And Adviee 5trvites 1.2.1 Our ol'til￿ in LlantWL( Major Illltud Housc and CF611. Pcnarth ISI. Paul-5 Community. Ccntrcl and Barry (Barr¥ C'orntnunil￿ l."nlcrpri5c CcnlTcI con¢inucd io proi.idc a rnnge of Dci'clopllcnl and Adi'icc iccs. In addiliort l(1 pri)￿ldIng 5LrN'i¥c5 (in a Iinr lo onc basi5. 6%'S rontinud Lo otTer KrviLc5 online mak.ing ITrur SL'rn ire prÉ)i i%ii)n mi)re Ilexible and aLL￿sIble. Qur pr(>1 isi()n c)pen i() mem1￿. and rA)LenLial members fi)r ad￿lLe and dei'eli)pmeni %¥£)rk. We i)t]ered inltirniaiic)n 8uidance ￿sIS1 L)r8ani%aiic>ns li) i)peraie ILgalli' Jnd LfrIiLILntlv e.g. by proi'iding intorniation on rcgisterin8 &% a chariiN. hom ￿ pu( 108ether a 801 crning dolumcnt and hol￿ to develop ￿17¢1¢5 and procrduTt5. 1.2.2 GVS proi'idcd Third Scctor organisaiions with a range of supwirt io dciclop ideas and projccts. Supp(irt h45 off¢r¢d in a i"ari¢ti' of inrluding face to fatt meeting5. ￿[nall. lel¢phone con5uItsiivn5 and brieling %e&%i()n%. We endeai.our ii) mak'e 8ure ihat all i)ur infi)rmaii()n i8 ai'ailable i)nline K'ia ()ur iiehsite. enabling our members to access appropriaie de%"elopmenL informaiion and adi ice more etreLiii'elJ and al a lime that suits them. Page 2 Glamorgan Voluntary Services Trustees, Report 1.3 Inftsmatlott Servlet 1.3.1 Wc aLI as an inlomiaiion agenc!. for and aFM)ui our mLrynlKYs. mainthining a comprehcnsii'e d&tabase and ensuring the scrn'iccs of our mem￿"rS are public1sL￿. coniinue to producc infomaiion IcanLls on our sern'ices in Welsh. OUT inlomiaiion service 1125 aceessed 1255 limes Mith memkrs receiving addiiional inlumilltion i'la trbulleiins on a iieekl>' basis. 1.3.2 -vista the tivs quarterl). magazine. is published ITh house three times a }'ear and is distributed to Ippr()¥irnatL'lI' IIX)n gr(iup% and iThLlii idu'LaT i¥ith a rL'pi)rlL £6511.250 01. lundin¥ obiainLxl as a resuli tsl'ihL adi"iL¢ and infom)aiion givcn bk (IVS. This ligur¢ is lik¥l> ￿ be -%uh%tuntiall} hi¥hLr as mii$i ￿roup.$ ni)¢ rL'rK>rt IhLir.%llLLY&%. 1.5.2-1'hrLK' Ldiiii?n% ()I' th¥ %u.%¢Jinablc I..undin￿ N￿￿1¢¢ll* l￿'re pN)du¢cd ¢onu)ining inl(bmiulii)n (In a run¥L i)f lundir% alc>ng %Niih o¢h¥r u%ilul Jrti¢l¥% 10 )Ksisi gmup% in Ih¢ir %iarih Ic)r iitJl lunJ%. I IpJJti% Jrn. p()%lid ii¥i) i)r Ihr¢%' timi% d ity¢¢k i)n ¢h¥ lunding %¢Yiii)n ()r ihl ill￿1(¢ an41 rn'gular i¥¥*.kl! 41.ni li) i)vir 750 ri)ups. MLmk'rs Jls() 5ubsL'rik. to a dLxliLdiLYI l.'urbding MJiling l.isl 14'l￿'rL thL￿ JrL i() ¥LI upL()-ddlc inlormution on ne￿ sources of funding. 1.5.3 1.iiur l.unding l..i'Lnls i%erc hLld %%iih rLTrTLScnialii'Ls Ir()m fundcrs gii'ing i'aluablc adNiLL on a onL lo onc husi% with third 5LLIoT ()rgani5ali()ns. 5()tnc 80 t*(?pIL allL'ndcd thLsc 5¢5sivns. (iroup5 afL fjnding thi5 aLLLSb io lunders. ahead ol-appl)"ing. ol-greJl usc rr5uliing in a higher 511¢¢¢55 fdle. 1.5.4 1'.unding 15 5lill a major is￿¢ for many Broups a5 thc woM)mic siILlaliiffi i*romc5 har5hcr for ih05C groups Ihat rLL¥iii m(?51 ()i-Ih¢ir funding fr(?m 51alUttTrr%" Mdics ¢.8.. IIKal authorillC5. MO￿ gTÉ?UP5 ar¢ 5￿kIng lunding Ir(im i)thLr s1)urLL'%. L.8.. Tru%l% and I'i)undaiii)n% dnd (hi% is LfL'aiin8 a mi)rL Li)mr￿￿1111.l. cnNimninLml. l-IIL' Ll)%t ()I' lii'in¥ Lfi.%jS LL)upled i%ith increasin8 uiilii) e4)sis are major LM)ncems r(Trr ihe su%Minabilii) ol. Third %eLlI)r vrgani5alion5. 1.6 Trxlnlng SeThlte 1.6.1 Diiring the )'ear 24 8n)up uaining ei'ents iiere delii'ered. ajl aimed at buildin8 the capacil}' of local organisaiions. Training OPFQrtunities oncrcd included.. Being a Trus¢ee RccNitmen(. Sclection and Managem￿1 of Volunleers Introduction io Data Proleclion loii" 10 Llse X Introduction io Social Mtdia Introduction io CAN￿.,4 LTlleTgenci' F'irst Aid a¢ Il'oTk Page 3 Glamorgan Voluntary Services Trustees, Report 1.6.2 A total of 104 dcle8a*s allen(kd the training eourses with IIMPA rdiill8 the trainin8 as eithcr good or excellent. 1.6.3 GVS provides IT and ￿Cial media one LO one irainin8 eourses. GVS held til'e training sessions ￿1th all attendees rating the courses as g{￿)d OT excelleni. 1.7 PArtnership. Consultation Joint Working 1.7.1 The Third Sector is secn as an imp)rtani partncr in suprM)rtin8 ihe li￿rk of ststuior¥ bodies in a ii'ide range of areas. and til's is commitied to w'ork-irbg in partnership ￿ do'elop and improi'e local sen'iees. 1.7.2 GV% continues io lacilitsie Third %eaor RLpreseniaiion in (omial joini plannin8 in accordance w'ith the ugrLxd l)roti)Liil k.ii%een the l.c)cal Auihc)riii' and ihL l-hird lec￿r. %'ia ihe I ILulih. %i)cidl C'are and WclllK'ing N¢lw()rk. or Nia Ihe full CIVS mernkr5hip Mhere apprupTiate. 1.7..7 L(IniinuLd t() rLpfL5Lni IhL 5L'Ltor on IhL Public %L'Th'iCL 11(iard. RL8ional PartnLf5hip 11(iurd. othLr .4trutL'¥iL purlnLT%hip%. un4J uppnipriutL' s￿￿￿rI)Ul￿>. LM%urin¥ IhL I'l)iLL ()I' thL' %LKI(Ir und ihL' 14idLr L()mrnunitN is h¥ard at all IL%¥ls. Civ% Jn4J ciihLY 'l'hirJ %LilI)r orgJnisaiitsns hai L ￿.¢￿ I￿￿rk'Ing ￿1th the IDLal auth()ril)' 10 Insiirn. ¢hai pLoplL and Lummuni¢i¥¥ ari ¥n8a¥thl i%¢r) stcp ol'thc ￿85. 1.7.4 Si>mL ol'ihL kL% Stra¢¥giL PtsrtnLYships and other Joini Workin8 initiaiives on Mthilh GVS pla>.$ a kL} rt)Ic in¢luJ¢'. Str#teglc P#rtnershlps 'iIIL Publii ILL IliiJrd ClimutL' C'h￿l￿gL I A.%%ci Munagcmcni lymup 'umiliLs 1.ir%t %tratLgiL l..xccuii*'c CiTY)UP I..1￿Ing Start StratcgiL l-'.¥ccutii'c (iroup C'drdift'dnd Val¥ Intl8rai¢d I lidlih & S(Kial ca￿. R¢%ional Pann¥rship 11(?Jrd IFiI>III c'ardi￿ dnd Vali In￿.￿rat¢￿ I lijlih & S(Kial Car¢ RPII %￿at¢s1¢ 1.¢oJ¢r5hip Grtiup Shapin￿ Our l.'uiur¢ Wrllb¢ing Projeth tk)ard Lqualities Q'on5ul¢ativr l.ornm Volunlar%' Sector Joint Liai50n Commilt¢e TowTr & Cornmunit). Councils Joint Liai50n Committ¢¢ Jolnt Working Groups Cardill'and W'ale A8ein8 Well Cjroup Cardifffdnd Vale Unii'ersii) Health Board IVHBI Siak¢h)l(kr Ref¢reniY Cir(?iip Cdrdiff 4rtd Vdl¢ $￿If¢¥￿￿1rdirt8 B(wd CiiTditr& Vale ALii()n for MrnLLI Hralih Mtntsl H¢iilih Forum Cardiff and I'al¢ Car¢T5 (ta¢ei￿￿. Steering Group Page 4 Glamorgan Voluntary Services Trustees, Report cardift.and Vale Carers Supp)rt and Infom￿liOtj Nemork Group ICSINGI Carditl'and Vale Rcgional Partncrship Board IRPBI- Rcgional Integ￿lon Fund IRIFI Capital Steering Group C(Ir(liff und I'(Il¢ RPB- F.ngiig¢m¢nt %i¢viDg Cjriiup Regi(Inal WLirkf(ITC¢ PT()gramrnt- CaT¢f5 Training and t)evelvpThcnl subgr()up Ichaireil b). GVSI Shaping Our l.uture Wellbeing ISVI.'Wl Wellbeing Ilub in Penarth gTOUP SOl.'W Wellbeing C'entre in ljam. l10spiial (iroup l.ood Vale Vale Section 16 Lardift'and Val¢ L¢aming Disabilitv Planning Group IIIIB'% LhildrLn and Women's CliniLal Board Lharii). and Volun¢ary" R¢liY¢nLc Group Di%ability Futures C'Jrdill' und Vulc Adi(Kac)' Nclm'ork Ifacilitalcd hi. (IVSI C'lnlrul VdlL C'lu¥tLr NLlw(Irk WL%ILrn VJIL. C'IusiLY Netii(Trrk l..dstL'rn N'dlL Clu%tLr Neiwi)rk C'ardi17-und Val¢ 111111 Publi¥ Ili?ard M¢¢'lin8- %irJtL'gi¢ R¢81(?nal (iroup- re￿￿$¢n￿lIve C'(i-pr(xlu¢tion Forum- Working togcther to supwbrt peoplc lil in8 with long ￿mI Condiiions "K¢j,'homc l>rogrnmmc Board l.'a5tL'rn Vali 14ub- Cornmunica(ion ar￿ En8agcmcnl Group Dcmcntia Fricndl). Llantwit Major lJnpaid Carers Biiard SLreening F.n8d¥ement NeiM"ork Val¢ Allidn¢¢- niiii in¢luJ¢s th¢ M.'¢llbeing M¥LiefS si¢¢ring group Mol'e More Lat W¢ll- Il¢althi 11 OTkplac¢$ Mol'e More Lat Well lrnplementalion group Social Prcscribing E%'alualion Frdmoi"ork 51ttring group - finished. (IVS coniinue5 to meet the Regional Innoiation C.0￿rdination Ilub to continut a projert on social pre5CTibing Page 5 Glamorgan Voluntary Services Trustees, Report Natlonal Networks Third ScLior Support ￿.-a]eS CVC. Cvtnru Wales C(iunLil f()r V(Ilun¢ary AL11()n Assetnblv l.iai5(In Grijup Wales C.'ouncil for Voluntar). Afflion Lqualit). and Ilurnan Rights Coalition Wales c.ouncil for Voluntar). Aaion Ilealih and Social Care neim'ork Wales l.unders l.orum 1.8 H¢•lth, SoclAI Cart Ittd W¢llbtlng 1.8.ITh¢ H¢#l¢h. So¢lal C4re ￿'¢lIbe1th1 Yeiwork This DLllI'ork Pro￿ld¢S at) opJx)rtunii%' to bring iogcthLY ajl volunthry organisaiions opcraiing in thL Valc ol. Crlami)r8an iyhc) hJi'L an iniL'fLSi in h¥alih s(Kial ear¢. It taLiIiuiis o stft)n8. CLIII¥Yiii'¢ i'i)I¢L. Suprylrts ih¢ ini'i)IvLmLni (If%'iilunthr%' <)r8dnisaii(Ins in planning. de%'cli)pmeni and dclivcry. ()f hcalih and %(Kial LJrL %criiLL%. li al.%<) inlluLnii% hLalih and %(Kial LarL rrfilii}' l() hTing alM)Ut Lhang)L and impn)I'L %Ln'iLL% IuLililatL% Lx)mmuniLUti(In bL't%NLLn IhL ￿1)lUn¢￿Tr und slulut()r%' l￿d i)thcr s¢Lt()rs. I'he N¢liii)rk hus. inLrLa5¢d in numbLrs i¥¥¥r IhL v¥ar and iurrLn¢lv ha% 450 m¢miK'rs. 1.8.2 1.he MLckl)' c-bullctir)s includc Upla￿ on hcalth and social ¢ar¢ scn'i¢es in (hc ValL (If (ilami)rgan. u￿1￿¢￿% IN)m C'tsrdill. VdlL Ilnii Lrsii! IIL•lih Ilc)ard. thl VJIL ()I' (ilamiiTgan { i)unLil. l)uhliL I ILulih Wiil¥4, In)m third %¢iti)r cirgJni%aiic)n% and ii¥llk'ing inf()rmJtion. 'I'hi L-bullL*Lin alsv proi idid a u¥¥lul i%45 1)r di%sLminatin&) UPl(￿JaiL infomialion on iariou5 TLILI'ani iOPlLS. l.X.3 (IVS 1% a m¢rnt￿r of th¥ Willb¢ing Ilub l.aJ¢rn Val¢ plwning group wid syprrt)ns ihird s¢¥L()r i() link in. 'I'hc (IVS I ILalih and S(Kial C-aTL l.aLilitati)r 111&.SC-F"I scni an upda￿d 8LMirK i)1. 8eTh'icc% inlcrc8icd in thc liuh. -I'hL laiilil4111)r a150 altL'ndF thl l..a5¢Lrn Vall C'iimmuniiMIiL)n5 and l..n¥a8l￿lnt (iruup mLLting% lil suppi)rt ihc Lx)mmuniLation bctiyccn th¢ pr()jccl and third s￿￿r. 1.8.4 GVS has i%"()rkcd w.ith ihe Dragon5 Ileart In51ilute and the Ilealth Btkard in regard5 ￿ ihe Rcgional Innoiation I lub IRIIC'I. "I'hi5 ha5 in￿0]%¢￿ gil ing a ihird 5¢ftor ritr5ritcli%'c. pmmiing to third ￿Ll1￿1. and r¢¢iimminding third x¢ti)r iTrr8anisaii(?ns. '. "I"hc I I&%CF5 completed a mapwing ciercise to rnap social prc5cribing 5ern'iccs in C'ardiff and the Vale ri)r th¥ RIIC Hub. Th¢ H&SC'F% L(l-h(1sl¢d ii1(i Hrdlth C(Insultsii()n ¢¥"¢nt5 ()n¢ ID t￿r$[)n und ()ne ()nlin¢. Th¢ eiLnts brou8hi 108LihLY ihird sccior organi￿lI0nS io gil'e a collLYLl%'e reswnse to thc Wclsh tioi'emment-s Drdft Menial Ilealih and Il'ellking 51rd￿￿' consUl￿tiOn. -rhe I1&SC'Fs SUPPOrted the ath'ocao. neiii'ork- ith) drdfied a Idler ￿ local councillors. social sen ices und commi5sioner5 th>ui Iheir concerns oier the adi'ocac). lender proees5. '1"hL II&%L'I.5 seni the Idter lil fundLr%. The II&SCF% Li)nlinue i(} %uNx)rt th¢ NetiiilTk. 'I'h¢ Civ% I I&%C'I.' pr()NiJed f¢¢dbuLk i)n iii¢r 41) 1KLatsi(Ins in rvitM)n* li) rwue%L% liir inf(irn)uti<)n and a thirLI sLLlI)r PLYSPLYliiL. Ftsr ¢%￿p]e. WLlsh GoiLmmLmi's MLnLtl H￿1th consulthiion 4inLI RL¥ional Partn¢Yship Boar(l joini area plan. 'I'hL (JI'S 11&SC'I.' aitended oi'Lr 45 medings and aitended ()ier 30 one-to-one meLiing% iiiili third 5LLior i)rbyanisaiions and healih and SOLial Lare siall- io siipwrt ihem. l.or eNamplL. Cjl) L'luslL'r mLLiin&%. %LrLLnin8 l..ng)JgLmLni NLlii'(Irk. '¢i,Hi)rnL I)riiwammL 11()urd. ('urdiff and N'ulL uC'.liiin liir MLnial IILalth LMmp&% ()'I' and ihL I'ulc l.(Kalili M&inagLr. 1.8.7 Funding schemes administered by cvs rOc￿ssIng on Health W'ell Being.. Rll. I'hird SLxlcTrr C'apital In%.L￿trnLTri l.und 'I'hirJ %LLlI)r %mall (irnni% SLhLme- Communii!. ALiion Ifunthd b!, IhL %haTLd PmspLri(> l.'undl Warm fundLxl bj Il'llth CicTrv¢mm¥nl Nia lh¢ lorJl auth(Trrii!. 1.9 Volunieerlng 1.9.1 ( jllS' volunieering sern'i¢e oJTers a one•th)p resource for infom)aiion. adi'i¢e and guidanre on all &sprcts ()I' %'i)luntL'Lrin¥ f£)r h)Ih vi)luniix'r& dnd rnxruiiin& ()rWi￿Li1)ns. Wi aim Iii link thi %kill%. IXPLri¢niK'%. Ilrn¢. and Lnihu.%i&%m c)I' li)Lal PLi)pIL lo(Trkin8 [() i'oluniLLr ii'ith i)rganI￿li1)n$ seLkin8 li) dLI'LII)P LhLiT SLfwiLL%. l-his -%LTh'iLL 1.% dLIivLrcd thr(kugh SLi'crnI i'cnuc5 across Ihc Valc. as i%ill as al our main ollilc in Illiud I li)u%L in l.lanti￿lI Nlajor. lo Ln5urL Ihut can reach th05c acr055 Ihc ￿￿untI. OUT c[￿Munit￿ cLntrLs in l.lanli%'it Maji)r lQ'l.'611 and l)cnarth i%1 l)au151 hai"¢ a150 proi.idcd Cil's i1.ith ow￿rtUnitIeS kn furthcT dci.clop our i'oluiitcLriiig uireach Work. 11).2 V(lIunt￿r1rtg oft¢r5 N'aluabl¢ ¢xrrricnr¢ iithirh rould aid sludi". hclp som￿ne dff idc ifihc) ar¢ thinkin8 atrK)u( a Lhan8L in Lareer or simplv gi%L them the oprATrrtunii)' (o pui wmething t)aLk inio their eommuniiN. 1.9.3 The highlighis ()fvur V(IlunieerIn￿ D¢i'¢lopmeni iiork in 2024125 intluded.. l--n4uirie% regarding i"()lunieering in the I'ale ol Crlamorgan fi)r 2(J24125 ￿er¢ 956 lup fn)m C)69 in 231241. Thc numbLY ol. pcople WIN) GVS then found an opFAirtunii> ￿ ￿OlUn[eer in the Lxm)muniry was 709 (up from 354 in 221231. For Voluntcer5 Wcck 2024. through Social Media and other online resources GVS. reached 51.611 peopl¢ acr055 the ￿'al¢ lup Irom 47.751 in 20231. arml engagtd ￿"1th 26.35¥ lup frorn 23,183 in 20231. We also ran liie N'olllnteering EienL*. Page 7 Glamorgan Voluntary Services Trustees, Report 1.9.4 Wc held our annual Big ifoluniecrin8 Fal're in JaThuaTh' 2025 Il'hieh an oi'eNhelming succ£ss. Held at the Merno Arts Lentre in Barrs". Ihe ei.eni sail" ?27 I")sits from the public lL￿￿.1ng for a chance to i'olunteer. along with 44 organisaiions oflering an arra) of volunittring oFy>rtunilies. .1 he l.'aN're also proi'ided a %'aluable platforni for aitendees ￿ connea I￿1th other local cominuniti. organisalions UnLI Lhariti¢% rJtL'd a nUM￿.r ()[ ufe h%"glL'ne enhtinLLYnLYIL% inLluding h￿d￿-[rLy. flushing dnd litii)d %lii%hin¥ laLiliiie%. CIV% haie li)LYied their head i)tfiLY cin ihe 8mund ncx)r. All i)￿lle$ i)n the firsl and seLÉind floor haTre knn leascd (o (cnants ivith thrcc n￿%. otTicLs crcalcd arhd markctcd. 1.11.2 Thc cornmunil). rooms ha%'c taken on a lon8 icmi Ivasc w Adult ServicLs and Hatod Housin8 as a da) ccntrc. 1.11.3 Nursery Illltud House) Wc arc IhL landlords lor a lull!. 0￿rational nurscrs" proi'idcr. otrering up to 32 placcs al ani, one timc. GVS i'oluniccrs haN¢ also 5UPtKbrtcd (he dei"clopmenL of the extcmal courts'ard as a proNision for tcnants. nurscrv staff and clients attending the dai. ccntre. Page 8 Glamorgan Voluntary Services Trustees, Report 1.12 Salnt Pxul's Commuttlt). Ctrttrt, Pettlrlh 1.12.1 Saini Paul's Commllnit%' CcnirL is a communirn. spaee th21 is ai'ailablc io reni for a muliitudc ot'aeiii'iiics at an LIITordablc raic. ThL buildin8 Is lulli accessible and iielcomin8. As a ienue it is idLal for a ran8e ot community activities. meetings and conferences. lithess and iirllking class. 1.12.2 '1'he Lentre ha5 olleTed an arrai. of dillereni th'erbls in Ihe communiry. iiith Tegular sessions including.. Wellbeing 5es5ion5. Yoga. Karate. Perfonning Ans. Music and Dance Classes. L'hoir Practice and children s ULtiviiiL'%. The ('LDire is al%(} U.%L(I bi. a l()Lal LhurLh i)n Sun(lai's. All pr(KLLxi% are T¢-ini'ested inN) thL' C'LnlrL i(} Y)ntirtuall} impr()i'L IhL la¥ilit) lor thL loLal Lommwii(J. l* 2024,.'25. thL CLmtr¢ had in ¢xLcss of 1416 aLljiijljLs. I.IJ CVS. Environmental Impact 1.13.1 (iv% 1% Ll)mmilted i(1 the weifaTe (If the eni'ir()nmeni endeu¥i)UP* i(} haie u tK)%iliie eni'iNinn)entsl irnpaLt. CIVS rLx)Llt'8 ils prinlL'r iiirlrid¥L*. ￿tm-'r. lin%. IK)IIIL*. Lar￿￿￿rd. pl&81iL8. and Jni)41 1IfliLL LyuipJnLni. (TVS strivLs li) gLnJ mor¢ m()rL inliimiaiii)n b% L￿Mall scnils its m¢miwrship approKal pa¢ks c-m)il and using LleLtri)niL qUCStionnaires and L￿.a]uaLi0n fornis ins￿"ad o(hard copics. 1.14 Effi¢l¢they S**lttg$ 1.14.1 CiK'4 is Liimmi¢lLd ￿¢1 dL¢&rmin¥xl io makL the iKS1 us¢. of fun4k.rs' nx)nL% $0 has madl Lfli¥iin¥y in %¢'i¢ral Jr¢a%. Civ% ¢cin%ianil%' aims io knme mcir¢ ¢tYi¢i¢nt in ¢v¢ry' arca ol. ILS Ii'ork.. 4(>m¢ É)I' lh¢ ing in1iiaii￿L% inLludL L'nL()urn8in8 ull L(lni￿lS i(Tr rLKX'I%L (iV%- Vi%th mab)fa/inL and %upplLmLnL% h). L-mail unLI prÉiN'idinB ￿ L-bullLtin %Ln'iix.'I'hL in%tallali()n (}rM)I￿ PiinLl% al ()ur C'l.01 C LnlrL IdL4PiIL thL %Li baLk' i)I'a luuliN 4liirJ¥L 1¥al￿'r￿.} PT(JN'idLd Liin%iJL'rablL ￿￿-1￿￿$. as haiL th¢ instslluli()n i)r Lnirg)-LlliLiLiii hLuIii)g dnLI lighting. l.'urthLr inbL% ￿)rn& Ir()m iuming É)11-LIL*¢riLal ilim% ll,hL￿ in LnLiiuragin¥ (?ur %lJll' I ()nlv prini il'rn'lluirt￿. 'I'hi%. t(>g¢¢h¥r iiiih ¢cinsiani i-i8ilJni¢ and hJrJ n¥8l)tiaiic)n. uiniinu¥% L() ¥n%ur¥ thui ( iv4 1% sl￿LtIn8 thL bl￿1 rrtTr.ssiblL dvdls on c()nirdcLs and %m'ices. 1,15 Prol¢¢t$ 1.15.1 FoodShare 'I'hi8 proje¢1 d¢liicred ttpkx)rtunitie5 for kxopl¢ ￿ a¢¢&$5 fr¢¢ or dis¢ount¢d r(x)d while ai ¢h¢ same time reduLii)g IiM)d w¢¢. In 21Tr24125 had oi'er 3.815 visits io th¢ seThio. slightl) ijomn from th¢ pm'iiTrus N¢w'$ figuK' of 3.9110. 1.15.2 68nl¢nlng Projtet 'I'his pr()ji¥t mulh improied ¢ommtsniLI' 5pa¢¢s i%thi¢h h%Ls prv%¢d i"¢Th w)￿lar ￿1th1n ¢he uimmunily of l.lantii'ii Maji)r. Sup￿)ned i)1'er 32 CJN'S vc)luniee 1.15.3 CELT+ Thi5 is o LIK goN'¢rnm¢ni-furtd¢d pn)jcci d¢dira*d to helping th¢ Valc rommunit). thn)ugh iolunurw or¢ion, by uppi)riin¥ indii'idual% wilh addiiic)nal irainin8. 8kill% or for emp14)!'meni M'ithin ihe Vale. Tl)c pri)jeLI has gonc iiell i%'ith a sicad!. inLrL￿C in relcrrals. Sincc the ￿81￿nIn8 Ot-thc projcLI in 2023, 27 Landidales hai'c bccn rclerrcd to GI'S lor %'olunlceriThg 5uprort. Our GVS CELT+ project supwrt encompasses ￿K￿ling confidence. acquiring prdciical work exwience. mastering skills or iMpro￿l￿g conlidence. Wc prioritisc thc indiwidual nceds of each clicni arHI arrdnge me￿Ing5 ii"ithin their local ￿MMunItI¢5 for coni"enience. Page 9 Glamorgan Voluntary Services Trustees, Report At ever%. eveni attended bi. GN'S. iir have promoted CELT+ M, cn8agin8 M'ith nllmcmus organisaiions to highlight the benelits 01 ini'oll'ing disabled people or neurodii"ergeni indii'iduals as i'olunteers. 'lthe GVS Volunteer l.a) re proved io be an elTectiie plaifomi for ihi5 iniiiaiiie. Lli. sharing 5ucce5s siorie5 of Nolunieers iih dddili(InJl nee(Is Ir(iyn the CF.l.T+ PTojecL we hai¢ spaTked in￿ro*L ajnvng ()rganisulions ihat prei'iiiuslv ma) not hai'e ¢onsidered suLh opw)nuni¢ies. en¢ouraging them to eKplore this ai'enue futther. l. li.4 Community Liai50n oificer The Vale C(?rnmunit)' l.iili%)n O￿lLer ICI.ni 1% empl1)%'￿ b!. ("il'S teLhniLullv ii) (..()nL￿11 V ￿lihi￿ IhL Vall ot. lyl)m()rgan Ci)unLil. ThL CI.0 tak"L* Telerrals liom htalih and %o¢ial LarL' 8tslT. inLluding %tal1- in Ci)niiicII V. wilh a locus on 1ami1iL￿. carcrs. loung adulis and r¢oplc iviih long-ierm condiiions. RLlcrrals I(￿u5 on wple i¥iih a i'arieii. ol- somaimes Complex needs litho are likel!. ￿ require a range ol- suppon trom Lx)tnmunit} ￿r¥lL¢s. ThL' C".l.n (ItKrnics a La%L managcrnLTlI arvmaLh w brin8 In TLILi'iint %Lr¥'iLc4. Ln%urin8 ihal )pl¢ thc help ihw, nc¢d ihai sm'iLrt the third sector and the Lornmunilies i)r Ihe VUIL ill- Cilum()rgJn und surn)undin% urL%. ThL sLxl(Ir uinlinuL¥ 11) i)tKrnlL 14ithin u u)n4lruincd LL()n()nllL ln￿lT{)nmL￿I (iv% is ni) dillircni L%FxLiall)' in the lighi i)f LM)ntinuing rising Losts. As lundLrn and partncrs c)niinu¢ ¢() b¢ hi¢ by ausi¢rii)'. lh¢ knolkryon ¢l1¢¢l w (il's is i'¢r%" lik¢1) 10 b¢ a K.duiiion in iori lunding ¥¥hi¥h hai'¥ 4lr¥adJ ¢xp¥riinix.d in r¥Jl iimis. 'I'h¢r¢ i¥ill also b¢ gr￿1¢¥r wmwiiion lor ihi lundinb ihat is (rV% undertakLn steps 10 mak'e all ofits buildin8$ &meniia friendly Mith si8na8e and ncw equipmcni. 1¢ Ivill k. impt)nani ihai (iv% Ic>niinu¢s ts) mokl ¢ffiii¢niTh' savings in thi %uiiK%sful mJnniY (>l' th¢ pu%1 liar%. hui ha￿1n61 implL'mL'niLd (hL%L' pr(TrbifL&%IVLlv over a SUS￿lnL￿ ￿rIod of Lime. thL i)prx)rtunitv u) makL %ULh 511% in&% L()ntinLILS ti) rLLIuiL )'Lar4)n•!Lar. l)illi'rL'ni lia>% (Ifw()rkin8 and dL.lii"Lring io (Trur membership are Lx)n4Mnilv k.in8 c¥pI(>red with a l(KU% (In m(Iving m()rc scr% icc.s ini(1 digital dcliicr%'. li ii'ill bc in1￿￿¢11 c thal addiii()iial souTLcs i)I' funding i(Inliiiuc l(1 bi in th¥ Ha) th￿ ha￿¢ mana8iryJ ihroughoui thi5 pa51 )Imr. AiK)&c ull opp()TlunitiLs l(1 dL*LI(Ip unrn'siriLtLd in¢()m¢ sir¢ams n¢¢d lo b¢ ￿r$U¢d. %vhdh¢r ihrough donaiii?ns or s¢ondJl(?n¢ inuim¢ gcniraiiiTrn Js hd% k.Ln aLh1L￿.Ld in this past )'ear. 'I'h¥ ni'xi 12 monih% iiill 5L* a iimr of ¢onsidL'rabl¢ chan¥L in for IJVS w'ith ihrn'l ￿￿ni￿r. li)ng-%landin4. mL'mkY% lif ihL %thtr IL￿. inLludin8 thL' C [-'(). rL?tirin8. "I'hL' 14iiard I ru%lL*'% ha% iakLn ihe dLLi%ion t() usL Ihc scrviccs ol'an cNlcrnal a8enc)' to TCLYUiI ihL sULLLS￿lf to the LUTrLnl Cl--O. Whil%t CJVS is dediLated [() ensurin8 thai all these plans are succtssful. Ihe B()ard ofTrusiees is mindful thal ils plan5 must bc linanciall>' robust and subjcct to duc dili8cncc i&hilst rcmainin8 tlcxiblc to rncct thc eN'er￿hangIn8 ¢Nt¢rnal ¢ni"ironm¢n¢. Page 10 Glamorgan Voluntary Services Trustees, Report Flttatttlal revlew Flnattolxl poslilott Th¢ n¢t m(Ik¢m¢nl in funds f()r ihe ￿ri[)d ended 31 MJrLh 2095 Is £115.5i212024.. £25.R971. The %UTplu% fi)r lh¢ pcri(Id ()r £115.552 is 5plii £71.i85 1)D restriLied aLtii ille% ali(1 £43.967 relating i(} nresiriLtLd a¥tii'ilies allLr all trthsliw reflLxiing an) %w¢ifi¥ uses tsf lunds haKe iKYn madL. As ut 31 MarLh 2025. the LhaTii)' 14*s io¢al ful￿9 carried f(?n¥*rd i)f £871.899 12(124.. £756.34711)f hich £57.966 are represented bv resiricied funds i4.ith the balance o(£74?.348 ￿ing llnrestricicd. Reserve5 policy The tru%l¢¢s ￿￿kn(￿wI¢d￿e thv n¢￿ tt) r¢tdin kn I¢￿.¢1 ofui'ail&ibl¢ r¢%¢r¥¢s k) ensure the Lx)nlinuance ()f ai1¢&41 the Lurr¥rtt l¥wLI c)I' sLYvii¥ 4JL'lii'LY). Thc Lurrcni c¢onomi¢ ¢limai¢ is suLh ihai inLomL ILI'els ar¥ lik¥lJ ts) lall, giving rise to rx)ssible anniial defricits. 'I'he annual sialTcosts are currentl% eNeeedins £450k and the tru%iees ar¢ ()nlv iu(i iiell aware ol. the time delai's i%'hen appli'ing for nu4. lunding 51reams. 'l-hi5 wiliLJ has heLn rLi'iLl4'Ld unLI IhL Iru%tLL% ￿}rL 4Liming ¢() build %ulliLiLni TL%Lr%'L% for running L(InirdLiual (Ihligiiliiin% un¥J rLdundunLv puJ"iiul%. I'hl Iru%lLx'% (Il%ii rLgulurl) rl￿lL￿¥ ihL minimum ILILI (Ift414h rL*LT'L4 hL'I()w iihiLh ILL'I il ￿'1)ulLI hL' imprudLnt t() L(IniinuL (TrrKrniii)ns. 'I'hL (..h￿￿1() rLliLs hcai'ily ￿￿n cxiemal fuThJing in thc forni of granL% lo .surwri IL% aLtii'iliL% a% WLII &s th()%c i)IhLr LhuritablL Iir¥ani%ali()n¥ Mith iihiLh il iii)rks in lurthL'ranLi i)fchurilahlL i)bjLLl%. %uLh lundin¥ %)urLL% urL -%ubj¥Lt tt> Jnd Lanni)I hL ￿ll￿rant&￿￿. In ddLlili(?n. Ihl L'h4iril%- undLrtskL* prt)jLKi drii'LI) i¥i)rk li)r i¥hiLh r¥siri¢t¥d ini(>mi 1% r¢x¥ii'¥d. and i%hilsl ihis funding is iyuiitil ¢() pri)j¢%i J¢lii-¢Th it 1% s()11)14im¢4 in%ul'liii¢ni li) .wii%lj Jll ol. th¥ L'hJriiy's i)bjc¢1j¥¥S. As a r¢suli. th¢ Lhsrii). us¢s its unr¥*￿¢[¢4 r¢sirnis li) sUp￿)rn %u¢h ThL Iru.steL'% ulso ￿1￿h to ensure the TLser¥'es gre erM)u8h ￿ meei rcdundanc> and oihcr %talutory Li)%1 Should thL Charili ha￿¢ lo rl￿UcC or cca5c its Ici'cl ol'aclii'itiLS. 'I'hL IL'WLI c)r Ji'dilJhlL fL'SL'Th'e& i.e. Ih(Trse unTe%iriLtsyJ resm'es exLludin8 fixed &sseLs funds. amiiuniLd 455 ?631?Q24 ..£37Y.345I. Structure• governance ind management Coverning d￿￿ment The Lharitj l% LC)ntri)Iled IL% 81)ierning d()Lumeni. a deed and L￿)n￿lIu[es a limiied comrAn>. limited guarantLx. a5 dLlinLd b) IhL Companils Aci ?IKK>. Reference xdministr#tiYe det#iJ¥ R¢gi5ttred Company numb¢r (19517851111..ngland Il'ale$l Registered Charity number 1163193 Page 11 Glamorgan Voluntary Services Trustees, Report Reglstered offiet Illiud House Siuti(In R()ad l.lJnl￿iI M'nda IN'ulli5 1 luwkins '] LrLWU P()wcr %u/annc Llilion Christian R(I1￿'rt (iatis Audltors HSJ Audit Limited Sw'ern Ilous¢ lazrll Dri￿.¢ Newrt NP108FY Page 12 Glamorgan Voluntary Services Trustees, Report Statement of trustets rtspottslbllltlts Thc irusices lilho are also thc dirLxiors ot'Glamorgan VoluntsTh' Serniccs for the purrrf)scs of comp&ni' lai¥l are rcswnsiblL lor prLparin8 Ihe RLpon ol. the Trustecs and ihc finaneial staiL)ncnts in accordance i¥iih applicable law and United Kingdom Accouniing Siandard5 (Uni￿1 Kingdom (ieneTallv Accepted Accounting Praciicel. Company lai%. requires Ihe Irusiees to prepare financial swements lor eaeh tinancial %'eaT Ii'hich gil'e a irue and tair via¥ ot. the slate ot- atlairs of the charimble compan! and ol- the iThcoming resources and application of T¢%(iurLe%. inLludiDg lh¢ inLx)me and ¢¥￿n(li1￿rc. i)f th¢ Lharitsble Lx)mp￿ed b). the In￿(eeS ofihe charil) on 14 AusU￿ 2025 and si8nLYI on ils bchall'by.. ru%lL' Page 13 Glamorgan Voluntary Services Independent Auditor's Report to the Members of Glamorgall Voluntary Services Opinion We hai'e audited lh¢ finanLial sthternents of Gldrnorgan V()luntan' tir%'ice5 (the 'churit} I f(IT the }ear ended 31 Marlh 2025, whiLh ¢()mpri%e th¢ 8tJteTnenl tsf FitwILiJI .4¢lii ili¢%. Bdlan¢¢ Sh¢d, Stalvneni (If Ca%h Fli)Iw%, and Nat¢S li) the FinanLial 8tai¢menis. inlluding a summtir% tsl. signifiiani aL¢ounting ￿)IllI¢S. The linan¢ial rLPOrtins traM￿￿Ork thai has ￿'Ln app]iL￿d in their prLparation is United Kingdom Accouniing Standards, comprising Chariiies SORP- I.'EiS 102 "I'he l.'inancial Reporting Sthndard applicable in the LIK and Republic of Ireland, and applicable laii. Illnited Kingdom lieneralli. Accepied Accounting Pwiicel. In iiur iipini()n the lin(￿lIa1 %tdl Ac¢ep¢thl A¢L4)uniing PraLIjCC,' and hav¢ Pr¢Par¢￿ in a¢¢ordancc iyith th¢ rwuiremcnts of ihi Lomp9nics A¢¢ 2(K￿. Ba$1$ for oplnlon WL Li)nduLILd iiur audit in acc(Irdance ivith Intemalinnal %￿ndards on Audiling IIIKI 114A% IIIKI) and JppliiJblL law. ()ur rL.￿￿)n%1￿llIt1lts undl'r lh().￿.￿￿￿daT￿5 iifL furthlr dL*Lrikxi in thL' uuJiliiT rL'%ty)n%ihilitiL4 liir lh¢ Judit c)I' lh¢ linaniial slJ¢¥minis s1%1ii)n ofciur r4x)n. Wi Jrt, 1ndL￿nd¢n1 iifthl ¢harii% in Jiii)rdJn¢¥ ¥Niih IhL LlthiLdl rLyuirL'menis Ihai dre rel￿.￿Tri ts) our Judii i)I'thc finanLial %thicmcnts in Ihc I IK. inLludinby iliL I.'RC' s l.'IhiLal Slandard. and IhL' Pn)%'i%ions ai ailablL for small L'nliiiL& in ihL L1TLurn%ullLL￿ l)Ut in n(IlL li) IhL linanLial italLmint%. und IVL hul'l luifillLd iiur (rthLT LihiLuI rL%pin%ihiliiiL% in uLL(IrdunLL with ihL%L rLquirLmLni%. W'L iK.IiLIL thai ihc tsudil ci'idcn¢e WL. hth¥"L obtsincd 1$ 5uITiLiLn¢ and a]wr()PTiaiL' li) pn)kidL a C'oneluslon$ relating io goltsg eoneern In auditirtg lh¥ linaniial slJt¢minis. 11¢ hJi¢ ¢on¢ludcd thai th¢ trus￿¢5 us¢ orth¢ 8oin8 ¢()ni¢rn ba%1% of dLLI)Liniin8 in the preparatic)n c)f the finanLial.siaiemenLS IS Jppft)pri￿e. %Ld c?n IhL' w(Irk lie hai'e perfi)rnlLbd. hai'e noi i&.niified an>. maierial unLYrtainliL% relating lil Ll'Lni% or ii)nJilions Ihai. Indi￿1￿U￿11!. or c(>llLXll%'el!'. mai. easi si¥nitic￿l d(>utA on IhL charili % Jhilil!. li) Ll)niinuL as B()ing LonLcrn for a pcriod ofat Ic&st twclic months from MhLI) thc original financial sla(cmcnts iirrc authorisLd li)r iKsu¥. Vur r¢S￿nSibIlitieS and the re5w)nsibiliti¢5 ofthe In￿*¢$ resP¢rt ￿ 80ing ¢onrem are de5¢rib¢d in the rele1.￿1 seLtions ofihis rekxTrrt. Othtr information "Ilic trustLcs ari res￿)￿51ble for the other inforn]ation. The oiher infonllation COmPTise5 the information included in the annual re￿rt. oih¢r than the financial 5talernents and our audilor 5 rewkrt iheTeon. Vur opiiiion on the liniinrial slJt¢m¢nis dii¢s nvL Li?i¢r ihr vLh¢r informaliiTrn antL ¢irW kn th¢ ¢it¢ni i?thenvise ¢xplic1Ll￿ btat¢d in ()ur repL)rt, Ibe dl) noi expre&s anv lomi ol&swrdnce conelusion thereon. In LonneLtion wilh our audit ofthc finanLial statrmcnts. our rcsp)nsibiliti' is lo read ihc oihLr inforrnatii)n and, in doing so. COll5ider iihcthcr the other inlorn?ation is malerialli- incon51slent ii-iih the linancial slatemcnts or our knoi¥lcdg¢ obtained in the audit or othcr¥ii5e apFfar5 to be maleriall! mi551aled. It-mc idcnlifi" such maicrial incon5isi¢nci¢s or apparent tnat¢rial tni551at¢Tn¢nts. are requiTed to del¢r7nin¢ ii'hether there 15 a illaterial mi.%%tslement in the finanLial slalemertLs (Trr a mdterial mik4tsLemeni of ihe (?Iher infi)rmali(In. If. based (In ihe %41)rk we ha￿e perfc>mied. ConL1u￿ thai there i% a malerial mi&%taLemeni of this oiher infomiaiii)n. we are required to repon thai fact. Page 14 Glamorgan Voluntary Services Independent Auditor's Report to the Members of Glamorgall Voluntary Services Wc have nothing to report in this rc8ard. Opinion on other m4tt¢T5 prescribed b). the C.omp8ni¢5 Ac¢ 21106 In iiur opinion. base(l Lin the iyork. undenak.en in the LYburs¢ ol-lhe audii.. lh¢ inlomiati(In given in the Tru5t¢es' RetK)rt f(Ir the finanLial l'ear for i¥'hich tht finanLial 51al¢rnents are prepared is Vonsisieni Mith the finJthLiJI and Ihe Tru8iee%' ReN)rt has been Pre￿ in xc()rdanLe 14.ith applicable legal r¢quiremenLS. 1atters on which we art Tequired to report by exception In IhL light i)I'()ur k'ni)i%lLdgL and undLr%unJing (Il-IhL LhaTii!' and its en%'iTonrneThi obuined in ihe couise of ihe UULlii. Ive huke n(11 id¢ntili¢d muteriul miss￿￿Ments in the I rU￿tt5. Rerrtiri. WL havL n(Ithing t() rLry)n in rcspcLI of IhL tolloiiing M￿terS i%hLYe ihc C'omwies Aci 20(*s requires us io uLIL4uulL ' kn ¢oniinuc as a ¥iiin¥ i()nLLm. di.%¢l(?%ing. &$ appliLabli. maiiLws rL'lJ¢¢xl io going ¢i)n¢crn and u4ing lh¢ giiing ¥on¢¢rn hiL%i% iir dLLl)Uniin￿ unli*s thi iithir inw'nJ i(1 IL4uidaii thl iharii! or L(1 iir&raii(?ns. 1)r haN¥ n() rn'ulisLII dltLmdi1￿L bui li) dci so. Audltor'* re*pon8ihllitle% for the audit of the finantial %txtements I)UT iibjLLlik¥5 url l(1 (Ibiain r be exp¢cl¢d lo inllu¢nce the cconomic decisions ol-U5¢T5 tsk.en on ihe IM515 ofthe5e financial 5taleTnents. The ext¢rtt to ￿"hiCh our pror¢dur¢5 ar¢ ¢apdble of d¢t¢thing irr¢gulariti¢5. inrluding fraud 15 d¢tail¢d bcloi¥.' We coroborated vur ¢nquiri¢s of manag¢m¢nt b! rn"i¢M" of rorrtspx>ndenre m.ith IIMRC. and C'ompanies IIou5¢ and i)ther re¥lllaii)rJ tM)dies. Wc considcrcd ihc risk of fraud ihrough managemenl oicrride and. in res￿nse. we incorporated testing of ianual joumal ¢ntrits inlo OUT audit approach. B&%ed i)n the resulLS of risk a%%ewnetht designed i)ur atsdii procedu￿ LO identifw and address malerial mi55talement5 in relation to frdud. Page li Glamorgan Voluntary Services Independent Auditor's Report to the Members of Glamorgall Voluntary Services A turther description of our res￿nsibilitieS is ai'ailable on the Financial Rwrtin8 Couneil's ￿ebSIte at.. i¥Mv.frc.org.u1Jaudiior5re5￿￿SibilIlies. This desCri￿10n forns part ofouT auditor 5 rewrt. Use tsf our report This T¢P(lrt 1% tnJd¢ sol¢ly t() lh¢ Ltharitabl¢ LX)tniwi! s as a IKXJV, in itcLordance i¥ith Chapt¢T 3 .Y()7 15.552 NL* m(}￿LmLn1 in funds. 71.585 41.967 115.552 Recon¢ili*tlon of funds '] (Ildl funils broushi fornard .1 c)lal lun&% Larried lor¥%?rd 742.J48 756.-147 19 813.4133 57.96h 1171.Xg9 The noles on pages 21 to 36 forni an inlcgral part of these financial statements. Pa2e 17 Glamorgan Voluntary Services Statemellt of Financial Actii'ities for the Year Ended 31 Marth 2025 {Including Income and Expenditure Account and Slatement of Total Reeognised Gains and Losses) Unrtstrhtted futtds Restrleted funds Total 2024 Note Income And Endowmettts from: Donations and ILgaill 978 353.(179 116.596 12.4R3 978 799,859 16.596 12.48.7 446.78(1 Uther tradin8 aaiiilies Ini'¢slmenl inLx)mr I'i)ial illLI)me 4113.li(• 446.78 929,916 Expendltur¢ on: 1401.3?91 1502.69111 1904.11191 T(Jial L.¥TKndiiurc 14al.i 91 150?.(>901 1904.0191 Nct inuimLlILxr￿n1jl1Urej NL* m(}￿LmLn1 in funds. 111.¥1I7 25.111)7 Ikl.8O7 25.1197 Recon¢ili*tlon of funds '] (Ildl funils broushi fornard .1 c)lal lun&% Larried lor¥%?rd 6611.540 6Y.gIIY 731).44Y 19 742.347 13.gyg 756..14fi All (If thL Lharily's aLtiNilics dCri￿¢ from e0lliinuin8 opcfdlions during thc aixbi'e ti¥Y) pcriod5. Thc lunds hTLJk.d£)wm IcTrr 2024 is thom'n in nc)Ic 19. The noles on pages 21 to 36 forni an inlcgral part of these financial statements. Pa2e 18 Glamorgan Voluntary Services (Registratioll llumber: 09517850) Balance Sbeel as at 31 March 2025 202) 2024 Note Fixed assets l appliLMI 10 all diL' )"LWS pfL*'n￿Id. uiiless oiheN'ise ststed. Siatemetbt of ¢ompll*nee 'I'hL linanlial .%latLmLnL% haiL tK'Ln prLparLMI in aLciiTdanLL i¥ith ALLY)unling dnd kL￿)rlIng C'haritiL%: 4ithtimLni i)I' RLLI)mm¢ndLd I￿￿11￿C iaN)li¢ablc io lhar1lic￿ prLIMrin¥ ihLir uLu)unL% in aLLiirdanii I￿)117 Il)c -inanLial RLrrtirlin¥ StJnJiird uppliLJhl¥ in Ihi IIK RipubliL i)I'lrilJnd Il-R% 11)?11 li$4u¢d in l)Lli1￿.1. ?111g1 IC'hariiiLS S()Rl) Il.'R% 111211. thL l.'iThanLial RL'rx)rtin8 %tJndard ￿￿pIl￿blL. in ihL' IIK and IIL'publiL Ill. IrL'land Il.'R% 11121 and thL C'c)mpaniLs Ail ?(MK>. Bas1* of preparation (Tlamiir¥an I'i)lunt4r) Scrvi¢¢s meth5 the definiiion of a public ￿nefIt eniiij unikr l.'RS IV2. As5¢l5 and liiLhiliii<% ar¢ initiall%" r￿X)gnised ai his￿￿¥?1 ¢osi or i"alu¢ vnl&%s oih¢r%4iS¢ SWi¢d in ¢h¥ r¥l¢iJnl d¥Ll)unlin￿ p()li¥> nc?l¥%. Golng ¢one¢rn "I'hc Iru5¢rr5 COn5idcr tha¢ iheT¢ are no malrrial uncertainiic5 atK>ui the rhari¢N'5 abilitN io continuc as a going oncem nor any 5ignilicani ar￿5 Of ￿￿￿￿31nti. th414ff¢rt th¢ ￿Tr"in8 Nalue of held b) the rharily. Incorne and endowments All inLomL is reL0gnI5L￿ once thc charity. has cniiilcmcnt io thc incomc. it is probable that thc incomc M'ill bc rcceiNcd and ihc amouni ol-thc incornc rccei%able can bc M￿Surcd rcliabl). Don&ilons legucles D()naiii)ns are reLo¥nibed ii.hen the chariii" h&s been nc)iified irt iiriting •[￿}th the ami)tsnL and sdtlement dale. In Ihe efveni that a dc>nati()n i%.%ubjed its condi(i(Trn.% thai require a I￿.el i)f ￿r[(￿Mi￿nee b% ihe charil} hefi)re ihe charilv is entitlcd to ihc funds. the income is dcfcrrcd and noi rcco8niscd until ciihcr Lhosc conditions arc tullv TN¢t. or the tultilTn¢nt of those conditions 15 II"holl!- ii.ithin the control of the charity and it 15 probable that these condilions Hill ￿ fulfilled in ¢h¢ Ttwkrting ￿riod. Page21 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 Grunli recelvuhle Revenue grant5 are Tecognised in the peTi(Kl in iithieh the exFtnditure to iithich tho. Telate is incurred. Where Ih¢T¢ are L(Indili()ll5 atiaiheLI tsi Ihe use (If ihese BranL% tho" are Lre(li￿d to the fund. All oiher rei'enue grnnts are iDLluded in ihe general lund in unr¢striLtrd funits. Deferred Inc'ume l)¢lcrred income represents amount5 receiNed for fviure periods and is released to incoinin8 resources in the riL)d fi)r which, it has tK¢n T¢LYll'￿J. SuLh inLX)m¢ 15 1)nl)' d¢reTr￿ The donor spLYilies thai lh¢ grani or donation musi onl%. in futur¢ acwuniing periods.. or 'I'he donor has Imr￿Sed conditions ii'hich MU￿ ￿fOre the charitv has uneondiLional eniitlernent. I)i￿ld￿n(l5 rLKx)gni8Ld i)r)c¢ th¢ dii'idend has been declared noiifiLaiion has iKYn r¢cci¥'cd of the dii'idcnd u¥. xpenditurt AII L¥PLndiiure is rLYiisnised once therL' is a le801 or ￿1n￿ruCtI*e ohligalion to thoi eX￿ndi1￿rL'. il is pri)hahlL .%LttlLmLnt 1% rLquirLQ and thL Jm()uni Lan ￿. mc&surLYJ rLliJhl!'. All Li)%L% aTL all()LaiL'd thl uppliLuhlL LxpLnJiiure hLJding Ihai aggri8￿¥ Similar i(1$1s ￿ thai iailgon. Il'.hLrt' ¥()sts anni)I bL' dirLxili uitrihui¢d 10 PiLrti¥ular h¥Jding% ¢h¢% hJv¢ JlliKai¢d (In a basi% icinsisikni ii-ith ihi u%¢ c>l' i%iih L¥ntrJl %iuII' Lc>%t% dlli)LalL'd i)n ihL i)f iimL' %rKni. and dL'pfL*iaii4)n LhJrgL% all￿al¢d on th¢ p)nii)n of lh¢ J%sL'I-s us¢. )thLr %uptx)rt Ll)si% Jrc alli)Laicd basLMI (Trn ihc sprLJd (Trl'%ulTcos1s. Charlidhle 4cilvlil C'hJrilahlL LxrKnLlilur< Comprises tho* Costs incur￿4 b%. th¢ ¢harit)" in ihc dcliNery ofits a¢iiwiiic% and s¢rK"i¢¢s li)r IL% h.n¢li¢iJri¥i. It iniliiJLs rosis iha¢ can b¢ all￿1¢d dir¢¢tl>" ￿ su¢h artiK"Ili¢s and thos¢ a?sts i?f an indirL*I ndiufL n¢K¢siJt! suptwn thim. Grfinlprovi.sion.$ l)ri)N isic)ns liir grant5 arc madc ivhLm ihc inlcntion lo makc a gTani has cornmunicalcd io thc rccipient but Ihcre 15 unL¢rtainis' cith¢r ihc timing ofthe 8rnnt or ihc amouni of grani palablc. Olher e-¥pendllure RL￿￿und￿Lj Ll)%l% ￿ rL'LX>8nised where a LM)nvaa eome% ts) an end and leads ti) the lerniinati(In c)f empl£)ymenL ot'a Tole SPLxilicaIl￿ linked to ihat tundin8. Support ros15 upport Costs include central funclion5 and hai'e been allocated io aclii'ill" c051 ca¢egorie5 on a basi5 COll5151ent iih IhL (if r¢5vur¥¢5, fiiT ¢xampl¢, allvc*ing p￿￿rt). Lusts b)" fl(M)r a￿￿3. or upila b) the iimc spcnt and other costs by their usa8C. Covernanoe tost5 "I he5e include ihe costs atthbutable to the chants. s cornpliance Mith constitutional and statutory requiTernents, inLludin¥ dudit. sifdlegic mJnagrm¢ni and tws1tt5'5 m¢¢ting5 reimbuThd ¢xrKns¢5. Page 22 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 T#x*tion The Lharitj is Lonsi(leT¢(I to pass ihe les15 sei out in Varagraph I SLhedule 6 of the FinanLe ALt 2010 and IheTeltsre il TneeL% the d¢finili()n ()f ¥ Ch￿table c()tnpani fi)r IIK (x)riK)raii()n purtx)%e%. ALciiTdingl), Ihe harit} is wieniiall> ¢.K¢mpi Irom ￿l￿(li)n in res￿￿( ol. in¢ome ¢apiial gairts Tevel￿ed i¥ithin Lai¢¥ori¢s LOl'LfLd b). C haptLr 3 Part I l ot. thL Corwrntion Aa 2010 or Seciion 256 ot. Ihc T￿tion ol- Char8Lablc Gains.4ci IW2. to the exieni thai such in¢￿me or gains are applied elclusii'elv ￿ charitsble purpTrses. TxnRiblt fixed Asstts Indikidual Iixid ¢OSling £l.(KM).00 or more are initiall)" record￿ ai co￿. Deprtcixtion and amortlsation DLPI'LLiaiic)n is prLi% idLQ lin ianb)ible fixed assets SO MTiie off th¢ CO￿ or ialuation. l¢ss an>, estimated rLsidual i'4LluL. i)%'cr their ex[￿L[L.d USLful CLM)nomiL life as folloii's.. Asset ¢14S$ Deprt¢l•iloh mtthod ahd ratt Straighi linc I)￿Lr thL ￿mI 3 }.￿r5 siraighi lin¢ 3 yLars siraL8ht line C'i)mput¥r ¢(iuipm¢ni lJlJni Jnd maLhinL'ry Trade debtorj 'I'r&idL dLbiiir% drL' amounts due from eustomLrs for mL￿hand15e sold or SL'rwiees PLrlornicd in ihL LITdinury Lx)ursL lif businL&%. 'I'rudi d¢biiir8 dr¢ r¢ix)8niscd iniiialli ￿ ih¢ Irot)wiion pri¢¢. 'lTh¢) ar¢ sub%¢qu¢n¢l>" ai um()rtj%ixl ¢{Tr%¢ u%inB IhL' L'tYL'LtIVL' iniL'fL%i mLiihcyJ, IL%5 pr(Tri Isi()n fi)r impaimiLni. A pr()VlSLcin l()r LhL' impdinnL'ni i)f Irdd¢' dLhti)r% 1% L%tabli%hLd i%hLm thLfL IS iibjLLii￿e cvidLnLY ihai the Lhariii. iiill noi ￿. ahlL (4) L()IILLI Jll amiiunt% duc aLc(Irdin8 1(Tr IhL l)ri8inul ILTh5 ofthe reLLi￿￿bIcs. Cash xnd casll equlvmlents C'a%h Jrtd LJ%h Lquii"alLrtt% ¢omprise cash on hand and ¢all dep)51￿ and othrr 5hort-iemi highl>. liquid invL'%imL'ni% that dre wdil). L(Trnvertible to u krM)iim 4mi)uni Jnd are suhjea to Jn in%iL4nifiLiint ri%k i)r Lhan8L in valuc. I'r¥dt ¢r¢ditors "I rade Lr¢dilvr5 ar¢ obligation5 to pas. glK)ds or Servi￿￿ that hav¢ been aquired in the ordinaTh course of businisb friim buppli¢rs. ALix)unts pill.ablc iirL' rlwsifird a5 Cur￿n1 liabilili¢5 if th¢ rhariiTr" d(i¢s nii¢ haTri Jn unLÉ)ndilii)nal righi. ai ihe end i)f the rep)rtin8 pericxl. 14) defer seulemeni i)[ the credit4)r fi)r ai le&sl II¥LlI'e month5 allcr ihe rcrorting datc. Ir ihcrc 15 an uncondLILonal righi io delcr sdilcmcni for at Ica51 IN4.cli'c month5 after the r¢FK>rting date. they art PT¢5ented as [￿r￿Current liabilities. 'I'r¢id¢ ¢rrdiliirb 4Lr¢ rr¢vgnib¢d initiiill}" ai th¢ iransa¢iion pri¢¢ subwu¢nilN m¢Jsur¢d ai amvrtis¢d Li?s¢ usin8 the effeLtii'e inLeresi method. Page 23 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 Fund $tru¢¢ure LlnT¢Stricted Inl￿[ne fund5 are general funds ihai are ai'ailable for use at the INstees discretion in furtherance of Ihe ()hjthtii¥% i)I' Ihe iharitl. D¢signai¢d fund5 ar¢ unr¢swiLl¢d funds sd &si¢J¢ fLTrr STKcifiL purwJs¢s ai the di￿re1]un of the irust¢cs. Re_%triLied irtlome fun4J% are th()se donat￿ for use irt a Wlicular or for S￿lfiL puryM)ses, the use of which is resiriLted to that area or purws¢. Pen510115 and other post retirement obligat10115 'I'he Lharitv IlPL'rnIL5 4L defined eontribuiion ￿nSIOn scheme ii'hich is a tKnsion plan under ii'hiLh fixed Lx)ntTihuiii)n% ure PaiLI inli) <1 pensi(In fund ￿￿{1 the Lhurii). hils n() legiil ()r Lx)n%truLlii'e (Ibligilti(In i(1 pu> further Lc)ntyibulii)rts Li'ln il. IhL lund d()¢s n()1 hi)Id wlli¢icni asscts io pa) all LYnploi¢cs the iK'nLfi(s rllaiing io ¢mplo>¢¢ s¢rvi¥¢ in ¢he ¢urr¢ni ond prior Jxriods. C'(Iniributi(In5 to delined L￿ntribull0n plan5 are reLo#nised in IhL %iaiemen¢ ol. l.inonLiul ALtii'ilies w¥hLn ihL%' are duL. I I'Li?nlrihuli()n L.¥LX'Ld ihl Lx)ntribuii()n duL r()r x'Th'lLL. Ihl LkLL%% 1% rLKx)¥ni.4Ld u prLpu!'mLnl. 3 In¢omt from dottoilons lryi¢ks Unrtstrlt¢td I'oityl 202.5 I'othl 2024 Gentral l)iindiii)n% and IL¥dLiL.S: l)onalions Ir(Im Indi￿ldUa]S 5nS 51)S 978 4 In¢om¢ from ¢horlt¥bl¢ *¢llwl¢l¢$ Ilthrt5trle¢¢d Gener*1 Total 2024 Other 202.5 Membership fees ScrN'iLcs lor mcmkns Gr%inLS 2.4?4 -14.20(1 70.3.228 34.417 325.107 34.417 928.251 603.144 359.£24 l)(J3.144 9fi2.fyh8 799.858 5 Income from other trAding activitie5 Unrestricted runds General Total rulld5 Tot%1 2024 Pro￿rtY rental inrom¢ 137.752 137.75? 116.596 137.752 137.752 116,596 Page 24 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 6 Investment income Ilnresiritted funds General Total Total 2024 InteMI reLeii'able and similw income; Int¢r¢si N'iiivabl¢ on bank d¢y)siis 31.476 31.476 12,483 7 Expendltur¢ tstt ¢hxrltablt •¢ilvltles Unrestritted RtSirle¢td funds Toiol 202.4 Total 2024 Gener*1 l)IrLKI LharildblL' aLtiviiv 416.657 227.i85 331.5¥2 644.24? 331.592 22.4?? 18.593 633.jhi 242.7411 24.141 3.973 22.422 1¥.51)3 Ctol'emance cost5 457.672 554.177 Page 2) Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 8 Analysis of govtrnante and sllPPOrt Costs Charitgble attivities txpenditure Unreslrirted fund5 Tot81 2025 Tot81 21124 Basis of allocation SialTcosts Reni 21.175 .247 21,175 1.247 22.4?2 22.422 24.141 Bxsls of 8llo¢fitlon Reference 1ethod of allocation 5% of toal annual ¢xpwdiLur¢ Governanee eo$i$ Ilnrr*irir¢ed fund$ Toi#l 202.5 Totol 2024 Audit Ice5 Audit i)I'thi linan¥ial %talLThLmlS l)¢h¥r ICLS pliid io audi¢or5 l.l¥dl fix, 1..352 1..34X 2.625 2.746 14.495 18.493 18.593 3.973 Page 26 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 9 Grant-making Below are detai15 01-maierial 8fdnts made 10 inMiiuliLMS 2025 21124 Name of in5tithtion Aetivity RIF. C4ipiial Ini'esiment arwj Ru'cnue InvLstnieni l.und Third %Lxt()r Pre¥"ththtjire Intrnenlions Fund %harLd Pn)S￿riTh. Fwid Winier l¥ek%ure5 Youth Llxl Ciratit LoD¢lin¢ss Social Isolaiion Fund MuliiplL in81ilutiiing liO.O 15(J.000 Muliiple institutions 63.472 46.5?8 16.094 5.498 27,000 22.()00 20,000 4.960 Muliipli insiillltionj MuliiplL in%iilutions Muliiplc insiiiutions 331.592 242.7411 10 Net IncornlngloulgolnR re50wrce5 N¢¥1 inLX)minbJ fL'%i)ufLL% li)r IhL' ILar inLluJ¢'. 202.5 2024 ()pLrJtin& lid%¢s- (Trih¢'r &ss¢ts Audit l)tlILr ni)n-uudil %Lrn'iL¢% l)¢prn'Liaiion ol-lix¢d assets 4.7411 1.152 2.74h 4.332 1..14¥ 2.()25 4.Y7g I l Tru5tee5 remunera¢ion and espeTr5es Ni) Iruswys, n()r antr petx)ns ¢onn¢¢*d m.ith them. ha%"¢ r¢¢eiieJ an>" Ttmun¢rJiion fr()m th¢ ihJriiy during ihe year. No Iru.%tees have Tecei%'ed any reimbursed e.xFnses or any other ￿nefits from the charily durin8 the year. Page 27 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 12 Staff eosts '] he aggregate payroll costs were follows= 2024 StAff Costs during the yeAr wtre: WugL4 und %JluriLs ScKial security cos¢s Pension Losts 411.439 3Y.205 41.144 400.923 38.031 40.046 491.788 The mi)nthli' averngc number of lincluding .￿lor managLynent / leud¢rship ioiml empl()ycd b) Ihe ¢h)rii}' during th¢ Jear expressed as full ¢im¢ ¢quiial¢nis lias as lolloii's.. 2024 DircL'ior% & Munu¥emcni -inJn¥i Voluntary %uprK>rt 10 14 14 All L'mpli)>LL'S fLLL'I%'LQ Lm4)lumLnLs i)fiess thon £6Q.(KKI durin8 the >.￿r. 'rh¢ t(iial cmplo)'e¢ b¢n¢lits ()fih¢ k￿ managcm¢nt ￿rsonnel orth¢ charii)" wcrc £176,98412024- L13Y,8101. Page 28 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 13 Taxation '] he charity is a registered charit). and is therefore exempt from t￿atiOn. 14 Tangible fixed assets Attd buildings Furniture Attd equipment TotAI Cost At l April 2D24 17.659 150.619 At I l MarLh •U25 117.65 32.960 15U.619 Depretixtion Al l April 211?4 ChargL liir thl >L 11.766 2.353 30.981 1.979 42.747 A¢ 31 Mur¢h 2025 14.119 32.()60 47,079 Net book valut A¢ 31 Murih 2(125 103.540 At 31 MaN,h 2024 In5.%93 1.9751 1117.1172 l.$ Debtors 202.$ 2024 'I'radL Jlhtors I*Lpa>'mL'ni 411.1 65 2.913 7.1144 2..IXg 51.0711 9.433 16 Cash and eAsh equivalents 2025 2024 C&8h ai hank 1¢117.61¢0 7U¥.331 17 C￿dItOrs- amounts falling dyc wilhin vt¥r 2025 2024 Trade Lrediii)rs 53.783 10.819 14.434 42.036 7.819 3.94) 15.490 Othcr creditors Accrua15 Deferred inLiime 170.399 69.290 Page 29 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 2025 21124 Dcfcrrcd inLomc at l April 2024 Resources deterred in the period Amounis rcl¢a8ed ITOM pteviows perii)(ts 15.41)0 91.)63 115.4901 15.689 15.49(1 115.h891 t)¢l¢rr¢d inL(Im¢ at ycar tnd 91.363 15.41)0 18 Obligation5 under It8$t5 and hirt purchase ¢ontr8cts Opergting lease tommitmeot5 Total luiur¢ minimum Iw¢ pg)m¢nis under r￿￿-¢an¢¢ll0b]e op¢raiing l¢as¢s os ILIIIL)i¥S'. 202.5 2024 Other Wiihin i)nL' vLar IILiwLcn ()nc and livc vears 4.852 15.937 4.7411 7.284 211.789 19 Funils B•l*n¢¢ at I Aprll 21J24 lts¢omlthg resources Resouw¢s expendtd Bg1on¢t at 31 March 2024 Ilnr¢5trlct¢d Genernl Cicncrdl lund 487.?17 528.412 1456.8?6 558.811.1 De.fl%nuled Ass￿￿ rcncwal und improi'Lincnl Re.4e￿lh. deKelc>pmeni business plan implemeniaiion 204.895 204.895 50.235 50.235 255.130 255.130 TotAI Unrestritted 74? 347 5?8.412 1456.8•61 813.933 Restricted C'ardill'&. Val¢ LIIIB Lluilding Stn?n¥er Flridges Third ScLior Small CJrant SLhcme We15h tioi"ernment wcirA_ Gi%'irVvl Vale i)f CNI￿1)rgart CollnLjI- Third ScLior Broker 59.497 157.500 159.4971 1157.500 88 6.650 16,738 33.082 133.V821 Page 30 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 Resourets expendtd Balathet at 31 M%￿h 2025 April 2024 resouttes Vale ol Glamorgan C.'ouncil - Third qeLlI)r Pr¢Tr¢ntsliv¢ InteThenlic)rt% Furt4J National LoiiLtTr Community 'und - Si Pauls l.(K)d Vale- L.lantwii Trood ALLY5% Pr(ij¢LI Moundan¢i Foundtiiion WI.tiA I)irccl l.ood Suprort ShurLd Pr(l.%PLTiIN Fund- Vi)luntLxrin¥ SuptX)rt CLLT Shart￿ I)n15pirii% b'und- Small Grani %LhLme I11)I I Will% C'haritable Trust 54.(KK) 54.000 12234 (9,6271 2,607 1.275 20.021 121.2961 4.450 4.450 45.199 145.1991 175.(K)O 1175.¢XK)I 500 151M)I W¥l.%h lil)ILYnmeni WL VA- %alL'buardin8 1.'unding ValL iil'(ilJmiirgan C'(?unLiI Warm Sp(ILLs Cirani Vall ()I.(ilam()r￿Jrt C'()uniil l)i¥d É)l-lifdnt- Rinial l¥a%'mints 51 1?JLII'% C'(Immunitv Cenire Mi)rri%i)n%- (iardcn 5.917 5.9171 26.094 126.OVJ41 2.IMIII 1.51M) Total restricted 13.999 6Ui.144 1559.1771 57.96(1 Toial funds 756.346 1.131.556 11.016.IH)31 871.89g Page31 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 Resourets expendtd Balathet at 31 M%￿h 2024 April 2023 resouttes Unrestrlettd fllttds Gerterol General tund 407.088 481.4i8 1401.i29 487.217 A*%el renewal and impTI)I'emenl RL_%¢arih. di￿¢1[￿pM￿rtl and bu5inLSS plan implLmeniaiion 203.217 1,678 204.895 50.?35 50.235 25.1.452 1,678 Total unrestritttd fund5 6611.541) 48.?.1.36 742..347 Restricted CarLlill'&. I'alL Illlll Eluilding irL)ng¥r 14ri4JgLs ValL Yi)uth I'cirum 'I'hird %LLtL)r %mall (irant %LhLTre WLI.4h (rl)ILYnmLnl WCK'A- 59.497 154.4971 12541 1157.500 254 157.500 6.650 6.562 811 ValL' (Il'(ilJmi)rgan C'()unLiI 33.082 133.0821 ValL (il'(ilarnorgun LounLil Intin'iniic?n% l.und l.(?nL.linL%S and %i)Lial Isolation Fund .'Il -I'ransition l.'und'l'a¢klin8 -(xid V()I'¥rt Fcx)d ValL'. Llanti*ii Food AcLc55 ProjLYl Carditl'&. Valc IIIIB Community 'aiilili¢5 %￿p￿rt HL'dlth C'harit) Cidrden Pri)je¢i MoondanLL Foundation Vo(iC- Sl Pauls l.idl I l}'giene P(Ivert)' Fund Lidl Bearfs To)" Bank lund WLOA Dircct F(K>d Suprort l.(x)d Partnership (iran¢ hared Pni.%peril> Fund- Volunteering support CEL T Shared Pr05perii)' Fund- Small (irant Sch¢me Hl)H Wi115 Charitable Trust Grant 54.(M)O 154.0001 22.727 122.7271 .730 4259 112.9891 18.851 117.5701 1.275 22.INX) 2.405 36.52V 122.0001 ?.405 124.3841 12.(K)01 12501 15551 12.130 250 555 12.824 112.8241 43.738 143.73¥1 25.¢N)O 125,0001 500 500 Page 32 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 Resourets expendtd Balathet at 31 M%￿h 2024 April 2023 resouttes Natural Resources 11 ales 1? 5001 TotAI restritted funds 6Y.W)9 446.780 1502.6901 Total funds 730.449 999.910 1904.019 756,346 The S[￿LitIL puryK)￿ f()r iYhiLh thc funds ar¢ t() k (wlied are as f()ll()￿,$- lJnresiriLted inLome lunds or¢ 8¢n¢rnl lunds ihJi are ai'Jilabl¢ tor use ai lh¢ trns*¢s' dis¢T¢tion in lurtheran¢e ol. Ihe c)bjectives ol'ihe chariii. DLsignaiLxl Funds hai'c Lreaicd b). the Tru$M' for th¢ folloiving pur￿$¢$.. A%8ei Renewal and Imryov¢ment This will pr()vid¢ fina￿la1 ￿sIS￿ne¢ r(Trr sitr and huildin8 dLILlc)pmeni. %uLh as building. mainicnance or Consiruciion. infrasiruLiure d￿CloPMent Jnd iinproi'cmLnt%.' LnsTrinLLrin8 and dL%i8n L(Isi%: IcLhniLJl &%$i%lunce und planning: fL&%ihiliii sludiL%: und (iihLr prLappr()ILd Ll)%lS n¢¥L%%ary l()r IhL dLNLlI)pmLn¢ ()[' buildings ir) ihc ￿1. (iV%. li iiill iK' usLxl ((? PT<)K idl %ulliLiLni fuiiLl% thul an Ix. rLd%()nahl}' ¢¥rK¢¢¥d ii) pri)i'id¢ li)r major r¢pai￿. r¢pla¥im¢ni and improi¢m¢ni of (iV4' iommon a%%ths. in ii'hiih th¥ r¥pair% £)r r¢plJ¢im¢ni% d(} nc)I norniall) (￿vr Jnnualli. RL.%LarLh. l)LN'LIoprnLnt and Ilu%inc&s Plan 1rnplcmcn1￿10n 'lThi% rtrcne allo1¥￿ in%'e%uncnl in idL'ntil j'ing giap% nLI iiprK)rtunili¥s til in¢rL4L%L ihl LJpaLiI) <)i-Ihi %Lts)r. M ¥jthLrln￿ i¥idLniial inf()mialiiin.' lil sup￿)rI (iv% ILI ri)1￿ dnd dLv¢lc)p. a8%i_%l in thi pldnning anJ impliminuiii)n ol'%iraii¥iis and rrt)liii¢ts a% dilJilixl in 1¢% 14u%inL%S l>lJn. It pri)i'idL% SifaiL'BjL l)prMirtuniiies IcTrT Cil'% ii) Luliii'Jie partnL'f*h1￿S 4)r oihLr Lx)mmLYLidl rL'IJLlI)n%liip%. hy idL'ntif>in¥ new m￿kLL￿ fi)r its rfft)duas ()r services. Page 33 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 Carditl. & Vale Unii'ersiN Htrdlih- Board, Buildin8 Strong Bridges- a grdnt b) sllprM)rt i'oluntary, sector Ini'olvement in health, social L?re and iiellbein8 Issues. C'ardift- &. Vale Ilnii'eT5ilI' Ilealih - Rll.. I'hird Sector C-apiul Grdni -"I'his l.und adrninisiered b!. GVS dirns 10 pri)Tri(l¢ Lapitsl r¢wurL¢S IUT pfuj¢Lls th(Il suptxin inJ¢w&ni lil ing in th¢ r(?n)munil) f()r pwpl¥ ii.ith ur¥ and support needs. (rwirvol Youth Led Grdnl- The aim of the scheme is to 5UPFOrt a rdll8e of small ￿olUnteerIng projects and activitie5. led and Larried out b). )'oun8 t￿PIC ii'ithin the Vale of Glamorgan. 'al¢ ot'Glamorgan Court¢il- Third S¢¢ior Btok¢r- pn)%'iJcs a Community Lioig)n Otli¢¢r who oncrs assisthncc and SUPFM)rt lor residenis within the Vale of Glamor8an. ViilL ill. (11￿￿￿1)r￿ary ( IlUDLiI- Il'l.. "fhirLI %LLIIiT ￿[d¢r PLx)plL% prt￿L'nI￿liI L l.-und. l-hL l.und 1% pnii'idld Il)e Wil%h (IC)i'lrnmL￿l Rigii)r)al IniL¥rutii)n l.'und admini%i&'rLxl b) (iv% in liaiy)n with Ihl ValL c)I' (JI￿lIr￿un Li)uniil. li)r L¥n%vwJ di5¢ribuiion ts> ioluntsrn. and ihird s¢Lts)r i)rganiuiions io supwn prop)sals ii'hi¥h impri)vc hL'alih. ￿LlIbling and indL'p¢ndL'n¢¢ lor 0141er rthplL in th¢ I'al¥ of Glamorgan. Nuii()rtthl L()tILry Ci)mmunil> Fund- L4uip %1 Paul's Li)mmunil%" CLiiirL' t(? hLlp thL Lx)mmunitN thTiI'L. I"cx)d%harc I,.0￿ Val¢- l.laniH'i¢ Food Ai¢w Proj¢¢i- ¢0 help f￿)d li￿1¢ and $uprA)n local n¢¢d io a￿¢$5 Mi)i)ndanLc F(Jundaiion- lirani to supw)rt the Fo(Kl$hart pft)j¢L'I in th¢ ￿.,¢$I¢M Vale tsickling l(KNJ ￿l'erty. Wl.(iA I)irn%t I"{x)d Supw)n- To ¢r¢a¢e chris￿8$ ham￿5 for food pantyv cus￿M¢r$. harLQ I?n)4pL'riiN l.und - V()luniLLYin8 %uprA)rt C"l.'l."i- ML*￿In￿ thL nL*xI IIIT SUp￿r￿￿ I'(IluniLLrin8 1(> hLIp rLbuild LiinlidLnLc, SLif*%￿￿'M and ski115 Ihrvu8h introducing ￿Trple lo NolUn￿￿TIng. ShJrtxl l)ni.%p¢rii% l.und - Smttll lirJni %rh¢mL 4irJni fund ¥dminisi¢r¢d b)" (IV% ¢() suprK)rt third %¢¢ii)r L()mrnunitV aLliC)n Jnd ￿1)IUniL￿.rln8 in (hL ifalL 11((Ilami)r8an. HDH Wills Charitable Tru51 CJTan( - Funding rcccivcd (o conlinuc ihc upkccp of ihc gordcns that havc bccn Lf¢￿il¢￿ (iur dcdicai¢d t¢am i?f i'olunicws. Wel%h CiO%'t via WCVA - Safe8uardin8 Fundin8 buildlimproi'e safeguardin8 knLiwled8e within the Vale Dr Glamorgan. Val¢ (If Glamvrgan Cvuncil - Wami SpJc¢5 Grani- prn.ide i%om 5pHrrs ￿1th1n th¢ Vale ofGlamvrgan. small grant SLheme adminisiered b) Cil's. Page 34 Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 20 Analysis of net assets between fuDds Total fullds Ilt 31 Nlarch Inre51ricttd funds Gttter*l Dtsignxied Rvtricted fullds Tangible fixed agsets C'urrent a55eis Current liabilitie5 103.540 625.frfy2 117D..1991 IU3.540 93R.758 117ll..)991 255.130 57,960 T(Ilul n¢1 a￿tt5 55¥.803 255.130 57.466 1171.89() Page 3) Glamorgan Voluntary Services Notes to the Fillancial Statemellts for the Year Ellded 31 March 2025 21 Analysis of net funds At l April 2024 casb At 31 Marth 2025 now5 Cash ai bank )nd in hart 708.3il li9.i49 867.680 Nei d¢bt 70¥.3il 151).349 ¥67.(71¢(I At l April 2023 FinAn¢ing cgsb nows At 31 ￿larth 2024 Cagh ai bank. and in hart 6RO.Jil 27.880 708.331 d¢bt 680.451 97.880 Page 36