Cornpany registration number.. 9210780 Charity registration nutnber.. 1168220 PENPARCAU COMMUNITY FORUM LTD TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 PJE Accountants & Advisors
PENPARCAU COMMUNITY FORUM LTD Contents Page Trustees, Report Independent Examiner's Report statement of Financial ActivitiÈs (including Income and Expènditure Accounti Comparative Statement of Flnanclal Activiknes Ilncluding Jncome ènd Expenditure AOntI io Balance Sheet Cash Flow Statement 12 Notes to the Cash Flow Staternent Notes to the Financial Statetnents 14-22
PENPARCAU COMMUNITY FORUM LTD Company No. 9210780 Trustees, Report For The Year Ended 30 September 2025 The trustees psent their report and the financial statetnents for thè year ended 30 September 2025. Objectlves and Actlvltles Aims and Objectives Mission StaiemÈnt We seek to raise the profile of thè village, encourage tOTnrnunity engagement, develop community cohesion, prornote social inclusion ènd improve the facllltiÈs and amenities of Pènparcau. Our Charitable Objects.. A. To promote for the bènefit of the inhabitants of Penporcau without dlstinction of sex, sexual orientation, race or of political, religious or other opinion5, by associating together the said Inhabitants and the local authorities, voluntary and other organisations in a tommon effort to advance education and to provlde fatilities in the interests of social welf3fft for rectIon and oth&r leisure time occupations with the objects of Improving the conditions of life Df the said Inhabltants. 8. To establish or secure the establishment of • corDrnunity centre Ihereinèfter called 'the centre'l and to malntain and manage the same (whether alone or In co-opeotion with any local aulhDrlly or person or body) in furtherance of these objects. C. The relief of need in the community by hèlping alleviate poverty, poor numtion and Isolation. such other means as may frotn time to tlme be deremined 5ubjert to the prlor wrftten consent of the Charity Comrnissioners for England Ènd Wales. Our Vlsion To be a catalyst for Connecting the community with other group5 and Sectors who determine and influence our future through enabling our CDmmunity's needs to be heard and in turn be empowered to deliver a better Penparcau for all. To be trustÈd and valued as a charity that makÈs a real difference In our community. To reprÈsent all who need to be heard in Penparcau. To develop a positive image and strong Idèntity for Penparcau. To be open, inclusive and accountable to our community. To strive towards good governance. To be financidlly sustainable. To respond as qulckly as possible to new Ideas. To be 3 respeciÈd and signifficant ernployer in Penparcau. To creaie opportunllles for volunteering withln rhe communltv. To empower our cornmunity to come together. To increase the skills of our re51dents, especially our youno pÈoplÈ. • To utilise the power of social media a5 an engagement tool. Organisatlonal Background.. Penparcav is a village located just south of Aberystwyth, Mld Wales. It is home to around 3,120 resldents, including over 1,000 children and young people, and deerned to be within 20% of the most deprived places in Wales according to the Welsh Index of Multiple DeprivatlDn 12014,. 20191. A recent End Child Poverty report tited that 39.5% of th95e young people live In poveriy. Penparcau consist5 Qf over 1,200 hornes, ma1nly an ex-councll house housing estate, in a fortner Communitie5 First area. Penparcau Is homÈ to multiple organisations ano groups that alm to fulfll th& needs of resldents such as supporting young farniles through the local famlly centr&, enabling religious practice through the local church and thapels, encouraglng sport through the local football club or r3ising awarness for wlldllfe and history in Penparcau. Penparcau Community Forum Iihe Forum) was 3w3rdÈd fundlng to build a community hub (the Hub) In 2017, and currently enables skills training and support seNices for local rÈsident5. As well as this, the Forum hosts and delivers events throughout the year to engender Inclusivity and a s&nsÈ of tooÈtherness. To enable p055Itive change in the community, the Forurn host5 a welcome space to allow members of the tommunity to come together and voice their opinions. On behalf of the Forum, we would like to thank The National Lott&ry, WÈlsh Governrnent, CAVO ènd Local Authority for their support over the years in helping us establish the community centre we now have as well as the generous support from local resldents and volunteers for helping us run our annual activities and events. The Board of Trustees is responsible for over5eing the day to day management of the Forum and alsD SUPPOrt Forum staff with delivering projects. ThÈ Trustees are.. Michael Jones Ichalrl Mike Jones was born in Aberystwyth 8nd has vast knowledge of the local area. Michael has run his own business for over 25 years and offers his 5ki115 In CCTV, aerials, computers and business io help the cotntnunity centre. Nicholas Keith (Vice Chalrl .CONTINUED Page I
PENPARCAU COMMUNITY FORUM LTD Trustees. Report (continued) For The Year Ended 30 September 2025 Aims and Objectives - continued Nick has worked In finance for tnost of his adult career, with a gmall bak working in the water Industry when he first relocated to Aberystwyth. has bÈÈn livlng In the area for 14 years and has a vested interest in seeing both PÈnparcau and Aberystwyth as a whole develop, particUlaY with regards to activities for youths Ihaving three ¢hildtsn who have grown up the areal. Nick turtlY works with the Ministry of Defentr as 6n accountant, ¥vorkino closely wlth the Military services providing essèntial supplies for the forces. Outside of work he enjoys keÈping fit. with gyrn and Muay Thai as particular interests. George Barratt George is a formÈr rÈgular In the army with three tours In Northem Ireland under his belt. He Is a retired 5É1f-employed painter and decorator who has worked all over the UK and overseas and 15 currendy the Chair of the Ceredigion Sea Angling Coaching Project working with vulnerable young people In the area. He is a well-loved local chardcter with extensive knowledge of local businesses, trades, people and fundraising. Alan Chamberlain Alan up In P&nparcau and eventually went on to work as a grounds person at Aberystwyth Golf Course. Addltlonallv. Alan workÈd as a local bus driver which has made hlm popular wlth rnenbers of the publlc. Alan now has hobbles such as walkino, ooing to alr and car vintage 5how5. watthlng sport, and working On motorcycles. Throughout lotkdown, Alan realised the importance of the community and lumped at the chance to help others If he could. This mostly InvolvecS going shoppino for people as they were unable to leave thelr homes. Alan 15 now keen to volunteer at the Forum as he wants to contlnue oiving something back to the communlty. Bryn Harriso 8ryn grew up in Aberystwyth and has experience as a sea cadet instructor, a coxswain for the RNLI, an engineer aprentice nd now work5 for Hywel DJa Health Board as a paramedlc. Bryn also volunteers thmugh the Goodsam app to respond to high acuity medical emergencies within the community. Bryn provides Èxpert knowledge to th& Board of Trustees in first aid Michelle Hopewell Michelle is a prescribing nurse practitioner with 20 yeats p)st registration expèrience in general prattite and emeryency and urgent care. Since movin9 to Wales In 2021 She has vvorked at Ystwyth medical group and as a Royal Navy Veteran. Michelle Is now proud to represent our veteran's cotnrnunity as named clinical lÈad. As a practice they are pmud to achiÈvÈ accredited veteran friÈndly status In January 2024. Mlchelle Is delighted to sit on Ihe board of trustees for Penparcèu Cotntnunity Forum and prowlde her support and experlence to the veterhn's community and o>ngoing veterans events. Kelvin lones After a twe1ve-year career In the Royal Navy, Kelvin returned to Aberystwyth and worked for MANWEB / Scottish Power as a Logistic Tearn Leader for Aberystwyth and Oswestry District. He was later recruited by an IT company as an irnplÈmentation consultant and worked throughout the UK and Ireland. At a local level, he Joined Abery5twyth Sea Cadet5 in 1982 as an Instructor and worked up to the Cotntnandlng Officer role. He also worked for the Forum's predecessor Cotnmunitles First in Penparcau and was a member of the Aberystwyth Youth Forum. Along with others, he 5Èt up the previous Forum In Penparcau that IntrodJtrd various events to the community. In addition, he was a Cotnmunlty Governor in Penglais School. a position he held for over slx years. Steven Nicholas steve was born In Swansea and moved to the area in 1999. He worked as an apprentlce welder after leaving school befor& Joining the RAF ès a fireman. He also Joined the police In London as a Special Constable. His career in the NHS was in Psychiatry before becoming a paramedic both In London ond Wales.. he wa5 promoied to dinical tearn lÈader In 1995. Steve Is now semi-retired. Appointment of trustees At every Annual General Meeting one-third of the Trustees shall rebre and may offer thÈmselves for re-election. The Irustee5 to tIre shall be those trustees longest In offiTr 5incÈ their last election, trustees will be eletted annually by the members at the Annual Genera1 Meeting of the Charity. Retiring trustees shall be eligible for re-election without further otrination. If th&re Is a Choi between r&tiring trustee5 of eoual service, It shall be made by drawing lots. Invitations for nornination5 for the position of tru5teÈ wlll be sent to all Members with the notice Of the Annual General Meeting. Completed nominatlDns will be accepted up to seven days bÈfore the date OF the meeting. All nominations requifft the signature of the nominated person ènd the signature of a proposer and seconder all of which shall be Mernbers OF the Charity. Unless othenv1se determin&d by the Charity in General Meeting the number of trustees shall be not1e5S than four. The trusrees may at any time co-opt any person to the Board of Tru5tee5 whether or not they are a Member of the Charity, providetl that the fnaximum number prescribed In these Artides is Trot txtteded and that no more than three such co- options shall be made betwèen one Annual General Meeting and the next. All person5 $0 Co-opted shall retlre at the Annual General fwleeting follDwing rheir co-option but 51iall be eligible io be re-appointed theafter. As Set out in the Articles of Association the Chair of the trustees is nominated by trustees at the AGM. .CONTINUEO Page 2
PENPARCAU COMMUNITY FORUM LTD Trustees, Report (continued) For The Year Ended 30 September 2025 Aim5 and ObjectiveE- continued The day to day running of the organisation 15 irnplemented through the following Staffing 5trurture= CorÈ staff.. Forum Manager- Sam Hughès Evans (full timel Sam Hughe5-Evans started at the Forum in September 2021 FinèntÈ Offlter SUÈ sher Ipart timel Sue hès been with the Forum since January 2021. Café & Kitchen Manager Kerry Richards Started at thÈ Ftsrum In July 2022 and was promoted to Café & Kirchen Manager (part timel in October 2022. Caretaker Allan Colè thèngÈd roles, becoming the caretaker Ipreviously Café Assistant) in June 2024. Café Assistants Virgil Brunson joined the Forum in June 2024. Lisa Brown became a Café Assistant in June 2024. Suzanna King become 3 Cafe Assistant in January 2025. Cleaner Lisa Brown joined the Forurn In April 2024. Projett staff.. Youth Workers Suzanna Frey and Jamie Choules jolned the Forum as employees in S&ptember 2025 after volunte&ring for the youth grciup. Outreach Worker Omair Zubair is employed on 4 6-month contCl as part of o corntnunity engagement project from November 2025. Volunteer Co-ordinator Joanna Bonarek-Gnat is ernployed as part of a 12-month projett to enhance the volunteer Èxperfence and attTrct more volunteers to the Forum. PAT Coordlnator Jenny Jenkin5 joined the Forum in June 2021 left in October 2025 when funding for the role ceased. Financial ReviÈw The Community centre and café IHJbl. through a cofflbinatyon of community use and hinng of facilities, continues to maintain the Forum'5 capacity for Income gener6bon, 5UPPOrtlng long-term financial stabllity of the organisation and as515ting the charity meet Its objective5. The work of the charity is much enhancÈd by a revenue grant frorn The NatlOn31 Lottery ITNLI Community Fund, whlch enables th& core ream of staff to take thÈ Forum forward. The support Continues to be essential In maintaining Dur progomme of activities and events ès these are not all 5elf-supported, particularly during a tlme of cost-of-living challenges. The Initial funding canie to an Ènd In December 2023, and vle were successful in securing a grant from TNL for a further three years and eight rnonths to August 2027. .CONTINUED Page 3
PENPARCAU COMMUNITY FORUM LTD
Trustees. Report (continued)
For The Year Ended 30 September 2025
AKMS and ObJectives- continued
Our community development work relies Dn a mixed econotny of funding to ensure a vlbrant and wide programme of
events. We are particularly thankful to TNL Awards for All Wales prwramrnÈ, Cere(51gion Assotiatlofi for Voluntary
OrganiSatlDns ICAVOI ano CeredigiDn County Council for supporting our f
PENPARCAU COMMUNITY FORUM LTD Trustees. Report (continued) For The Year Ended 30 September 2025 Aim5 and ObjectSve$- continued Halloween Party The Forum hosted a hugely successful Halloween evÈnt for the young children of Penparcau. This year, we built a tnake-5hitt gff veyard, cornplete with spooky props and atmospheric lighting, which was very well received by th& commuDIty. Leading up to the event, we our usual creative activities, including mask makingi purnpkin carvingi and arts and craft5. Costumes were fantastic, and prrizes were awarded for the best-drèssed children. SÈnior Citizens, Christmas Me311?.0241- The Forum staff and volunteers prepared and served a three-course Christmas dinner to over 85 senior cltizens, Including 65 local resident5 ènd amund 20 from HAHAV. A lengthy quiz and prizè-giving dded to the festive 5Plrit. For those unable to attend, we dÈlivered a warrn Christmas dinnèr, puddingi and crackers dirÈctly to their doorsteps. The event wa5 very popular and supported by dtsnètlons from ltrcal businesses. Veterans, Christmas Meal 120241- 50 local veteran5 attended the annual three-course dinntr. Our veterans, group continue5 to gmw, with participant numbers increasing each month. The Forum provides gUlar support and social activities to maintain engagement and wÈllbèing. CDmmunity Chr15tmas Fayre 120241- The Forum worked with over 15 local business&s to host a festlve Christmès Fayre. Childr&n from the lotèl school sang carols, while attendees enjoyed range of food5 fmm the café and kitchen. 5y, thanks to our valued volunteers, we Installed several Chri5tma5 lightsldecorations on the roDf which were appreciated by the cornmunitv. Children's Christmas Party 120241 The Forum held its annual children's Christmas party, featuring a Santa's grotto and 8 local DJ to entertain attendees. Children received gifts and enjoyed a varfety of festivÈ artivities and refreshtnents. Welsh Coffee Mornings- In collaboration wilh the Local Authority, The Forurn promote5 the Welsh language through bi- monthly coffee morning5, attrnctlng around 20 partlcipants per session. Easter Holldays 120251 The Forum ran a series of Eastsr Èciivities, intludlng arts and crafts, an Easter egg hunt. a community fÈast, and a community BBQ. All participants rtceived free Easter eggs, and the events were attended by a large numbÈr of local residents. Inrernational Food Evening 12D25} The Forum hosted a tommunity dinner featurlng dlshes prepared by Sydan and Egypiian re5idenrs, promoting cultural exthange and bringlng the communlty together through food. Annual Party in the Park 120251- Over 350 coffltnunity members attended our phrty in the p4rk. Activitie5 included populhr Inflarable assault tourse, DJ entÈrtalnrnent, a homemade watÈr slide, BBQ food, and a bar. Proceeds from food sales helpèd support thé future sustainablllty of The Forum. Weekly Activities Thmughout the year, The Forum offered regular programs such as Home Start (for new pat51, Digital Incluslon workshops, children's aCtiv5ty clubs, gardening club, and Saturday matinée scre&niTrgs. These activitlÈs hawe continued to attrètt Increasing numbers, reflettlng the comfflunlty's POSltivÈ response. Overall Impact - The Forum ha5 receiv&d a fantastit response from the community throughout the year. Activities and events have fostered social connections, leaming opportunities, and cultural exchange, with growing participation across all programs. We are eager to expand further, anticipating increased daily footfall and continued comrnunity engagemènt. A message to our community We remain grateful to our community for their ongolng support for the Foruffl and we would like to encourage all r&sidents to CDMÈ along to our activities and ev&nts ¢0 build social connecbons and create a sense of togethernÈss. Please continue to fi11 in our feedback sheets as this information helps us to ImpmvÈ or maintain the work that we do. The challenges we face The Forum relies on funding tts pay for corÈ costs, includlng key staff and the running costs of Ihe communlty centre. Desplte being successful In rÈcelving a £500,000 grant from The Natlonal Lottery, we are yet to secure amund 20% of core running costs. In addition, the TNL fundlno ends in August 2027 and, while we can apply for a third large grant fmm TNL. there Is no guarantee Df success. The next two years must involve the developrnent of other potentlal funding streams to secure the Fomm'5 futurè. With the support of our funders, Trustees, staff and comrnunity, the Forum has gone from strength to siEngth In the last two years. Although the financial situation remains uncertain ts It does for all similar organisations we are developing solid base and a reputation for success In Penparcau and Aberystwyth. Reference and Admlnlstrative Deta115 Trustees G D Barrdtt Page S
PENPARCAU COMMUNITY FORUM LTD Trustees, Report (continued) For The Year Ended 30 September 2025 G A Charrberlain B Harrison M Y Hopewell lappDlnted 13102120251 K G Jones M J Jones (appointed 14111120241 N Keith (appointed 01/10120251 S Nicholas (appointed 14/11120241 S L Arm5 Iresigned 18/06120251 S L Heèrne (resigned 27110120241 W M Hughes (resigned 13111120241 Charity Number 1168220 Company Number 9210780 Registered Offlce Penparcau Cotnmunity Centre Penparcau Road, Penpèrcau Aberystwyth cedigIon SY23 IRU Independent Examiner OwÈn Hedges, ACCA, MAAT on bèhalf of PJE Actountants atTrd Advlsors PJE Atcountants & Advisors 23 College Street Lampeter Ceredigion 5A48 7DY Page 6
PENPARCAU COMMUNITY FORUM LTD Trustees. Report (continued) For The Year Ended 30 September 2025 Statement of Trustees. Re5pon$lbilitiÈs The trusrÈes (who are also the dIrectO of PENPARCAU COMMUNITY FORUM LTD for the purposes of ¢ornpany lawl are responsible for preparing the Trustees, Report and the ftnancial staEernents in accordance with appllcable law and UnltÈd Kingdom Acmunting Standards (United Kingdom Generally Accepted Accounting Prècticel. Company 13w requires the trustees to Prepa financial statements for each finantial year. Under company lèw the twstees must not approve the financial statement unless they tre satisfied that they give è true and fair view of the state of aFfair5 of the charitable company and of the intotning resourcès and application of resourtÈs, Including the Income and expendlture, of the charitable compèny for that petsd. In pDang thè financial statemÈnts the trustees are required to.. select suitable accounting pollties and thÈn apply them consistently.. observe the methods and principles In th& Charity SORP,. make Judgmènts and accounting estimates that are reasonable and prudent,. and prepare the financial staternents on the going concern basis unless It Is inappropriate to pr&sume that the companv will continue In business. The trustees are responsible for keeping adequate accDunting rècords whith disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the CompanSes A¢t 2006. They are èlso responsible for safeguarding the as5et5 of the company and hentr for tsking reasonable steps for the prevention and detection of fraud and other irrègularities. The trustees are responsible for the malntÈnance and integrity of the corporate and finoncial inforrnation Ineludecl on the charitable cotnpany's website. Legislation In the United Kingdom governln9 the preparation and dlssèrnination of financial statements may difffer from leolslation in other junsdittions. Sm311 Company Rules This report has been prepared in accordance with the special provislons relating to companie5 subject to the small companies r&gime within Part 15 of the Companies Act 2006. The trustees, report was approved by the board of trustees and signed on its behalf by.. Trustee Date zilsl Page 7
PENPARCAU COMMUNITY FORUM LTD Independent Examiner's Report to the Trustees of PENPARCAU COMMUNITY FORUM LTD For The Year Ended 30 September 2025 I report to the charity trustee5 on my examlnation of the accounts of the Company for the year ended 30 S&ptember 2025. Responsibilitles and Basis of Report As the charity trusteÈs of the Cornpany land also its dirertors for the purposes of company lawl, you are responsible for the preparation of the accounts In accordan with the requlrements of the Companies Act 2006 1-thÈ 2006 Aet-l. Having Satisfied myself that the èccounts of the Company are not requlred to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I repart in respect of my examination of your charity's accounts as carried out under section 145 of the Charlties Act 2011 I'the 2011 Act'l. In carrying aut my Èxamination I have followed the Directions given by the Charity Commission under section 145151 Ibl of thè 20II Act. Independent Examiner's Statement I have coThpleted my examination. I confirm that no tnatters have come to my alternon in connection with the examlnatSon giving m& Eause to bÈlieve'. l. accounting records were not kept in respect of the Company as requlred by settion 386 of the 2006 Aci; or 2. the accounts do not atcord wlth those records,. or 3. the accounts do not Comply with the accounting reouirÈments of sÈttion 396 of the 2006 Att other than any requirement that the accounts give a 'true and fair view, which Is not a matter Conside¢ as part of an Independent examination,. or 4. the account5 have not been prepared In accordance wlth the methods and principle5 of the Statement of Recommended Poctice for actounting and reporting by charities applicable to thèrities preparlng their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no othÈr rnatters in connection with the examination to whlch attention should be drawn In thls fftport In ordÈr to enabl& a proper understsndlno of the accounts to be reached. Owen Hedoes ACCA, MAAT on behalf Df PJE Accountsnts and Advisors Date 23 Collège stet Lamp&ter Ceredlgion SA48 7DY Page 8
PENPARCAU COMMUNrrY FORUM LTD statement of Financial Activities (including Income and Expendlture Account) For The Year Ended 30 September 2025 2025 2024 Unrestrfcted Restricted funds funds Total nds Total funds Notes INCOME AND ENDOWMENTS FROM.. Donations and legacies Charitable activities.. Charitable Activites Investrnents 2,903 181,399 184,302 184,585 52,245 671 118 52,363 671 62.415 156 55,819 181,517 237,336 247.156 EXPENDITURE ON: Charitable activities.. Charitable Activites 152,3601 ILE3,2921 1235.6521 1264,7601 NET INCOMEI(EXPENDITURE) 3,460 11,7761 1,684 117,6041 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 3,460 11.7761 1,684 117,6041 116,849 11,097 127,946 145,550 TOTAL FUNDS CARRIED FORWARD 17 120,309 9,321 129,630 127,946 The notes on pages 13 to 22 form part of these financial ststetnents. Page 9
PENPARCAU COMMUNITY FORUM LTD Comparative Statement of Flnancial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025 2024 Unrestricted Restricted funds fund5 Total funds Notes INCOME AND ENDOWMENTS FROM.. DonatlOn5 anJ legacie5 Charitable activities.. Charitable Artivites Investments 2.517 182,068 184,585 57,353 156 5,062 62.415 156 60,026 187,130 247,156 EXPENDITURE ON: Chantable Activites 167,5581 1197,2021 1264,7601 17,5311 110,0731 117,6041 NET EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought fDrward 17,5311 110,0731 117,6041 124,380 21,170 145,550 TOTAL FUNDS CARRIED FORWARD 17 116,849 11,097 127,946 The notes on pages 13 to 22 fo part of these financial statetnent5. Page 10
PENPARCAU COMMUNITY FORUM LTD Balance Sheet As At 30 Septernber 2025 2025 2024 Unrestrirted Restricted fund$ funds Total funds Total funds Notes FIXED ASSETS Tangible Assets 21,135 1.433 22,568 35,365 21,135 1,433 22,568 CURRENT ASSETS Stocks 35,365 12 3,362 920 98,667 3,362 920 3,243 1,131 117,621 Debtors 13 Cash at bank and in hand 22,003 120,670 102,949 22,003 124,952 121,995 Credltors.. Amounts Falling Due Withln One Year 14 13,7751 114,1151 117,8901 129,414) NET CVRRENT ASSETS {LIABILITIES) 99,174 7,888 107,062 92,581 TOTAL ASSET5 LESS CURRENT LIABXLITIES 120,309 9,321 129,630 127,946 NET ASSETS 120,309 9,321 129,630 127,946 FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds 9,321 120,309 11,097 116,849 TOTAL FUNDS 17 129,630 127,946 For the year endlng 30 Septernber 2025 the charitable company was entitled to exemption frotn audit under section 477 of th& Cornp3nies Act 2006 relating to small companies. The members have not QUired the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for tornplying wlth the requSremenrs of the Act wlth ospect to accountlng records and the preparation of accounts. These accounts hove been prepared in accordance wlth thè provision5 applieable to companies subject to the sma11 cotnpanies regime. On behalf of the board M l Jones Trustee Date The notÈs on pages 13 to 22 form part tsf these financlal statement5. Page 11
PENPARCAU COMMUNITY FORUM LTD Cash Flow Statement For The Year Ended 30 September 2025 2025 2024 Notes Cash flows from operating activities Net cash generated frorn/lused inl operations Net cash generated fromllused Inl op&tIng activities Cash flows from investing activitles Purchase of t3ngible assÈts Interest received 3.758 16,8611 3,758 16.8611 11,3801 671 11,5361 156 Net Cash used In invèsting activities 17091 11,3801 Increase/ldecreasel in cash and tash equivalents Cash and cash equivalents at beginning of year 3,049 117,621 18,2411 125,862 Cash and cash Èquivalents at end of vear 120,670 117,621 Page 12
PENPARCAU COMMUNITY FORUM LTD Notes to the Cash Flow Statement For The Year Ended 30 September 2025 Reconcillation of incomel(expÈnditure) to cash generated froml(used Inl operatlons 2025 2024 Net incomellexpenditurel Arljustments for.. Lnterest income Depreciation of tangible assets Movements in working c8Pit31.. Incrèase in stocks Decreasellincreasel in trade and other debtors IDecreasel/increa£È in trade and othèr credltors Net cash generated fromllused Inl operations 1,684 117,6041 16711 14,177 11561 13.720 {1191 211 111,5241 13,2431 11,1311 1,553 3,758 16,8611 2. Cash and cash equivalents Cash and cash equivalents. a5 ststed In the 5tatefflent of Cash NDW%. relates to the following items in the Balante Sheet.. 2025 2024 Cash at bank and in hand 120,670 117,621 3. Analysis of changès in net funds A5ati October 2024 Cash fltsws Asat30 September 2025 Cash at bank and in hand 117,621 3,049 12D,670 Page 13
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements For The Year Ended 30 September 2025 l. General Informatlon PENPARCAU CONMUNifK FORUM LTD is a company limited by guardntee, Incorpotsd in England & Woles, registered nurnber 9210780 and registered charity number 1168220. The registered office Is nparCaU Community Centre, Penparcau Road, Penparcau, Aberystwyth, Ceredigion, SY23 IRU. 2. Accounting Policies 2.1. Basis of Preparatlon of FÈnanclal Statements Thè financial statÈrnents have been prepared in accordance with the Charities SORP IFRS 1021 'Accountlng and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial keporting Standard applicable in the UK and Republic of Iland (FR5 1021 (effective I January 20191" Financial Reporting Standard 102 'The Financial Reporting Standard applicable In the UK and Republlc of Treland" the Companies Act 2006. The charitablè cotnpany is a Public Beneflt Entity as deffned by FRS 102. 2.2. Siynificant judgements and estimations Th& preparation of the financial statements requlres management to make judgements,estimates and assumptions that affect the amounts reported. These estimates ènd judgements are cDn¢inually reviewed and are based on experien and othèr factors, Induding e¥pectstions of futu events thai are believed to be reasonable under the circDmstances. 2.3. Fund Accounting nrestricted funds are availablÈ for use at the dls¢rebon of the trustèes to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restncted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two 5ub-clas5es.- restritted incorne funds or endowtnent funds. 2.4. Incoming Resources All incoming resources are included In the statement of financial activities when entltlement has passed to the charity,. it Is probable that the economic benefits assotiated with the transaction will flow to the charity and the amount tèn be reliably measured. The follDwlng specific policies are applied to partlcular tategories of IncomÈ.' income from doftations or grants Is re¢ognised when there is evidence of entitlement to the olft, receipt is probable and Its amount can bÈ measured reliably. legacy income is recognls&d when receipt is probable and entitlement is established. income from donated goDds is measUd at the fair value of the goods unless thSs is itnpractical to measure lIablY in which case the value is derived from the cost to the donor or thÉ estifnated resale value. Donated facilities and servlc&s are recognised In the accounts when retrived if the value can be reliably m&asured. No amounts are Included for the contribution of oeneral volunteers. income from cDntr3ct5 for the supply of serlices Is recognised with the dèlivery of the contracted servitè. This 15 classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned If unspeTrt, in which case it may be regarded è5 restricted. 2.5. Resources Expended Expenditure Is recognlsed on an occruals basis as & liability is Incurred. Expenditure includes any VAT which cannot be fully rÈcovered, and is classlfied under headings of the statement of financial activities to which it relètès.. expendlturÈ on raising funds includes the costs of all fundraising activities, events, noncharitable tradlng activities, and the sale of donated goods. expenditure charitable activities includes all costs In¢urred by a charlty In undertoking actlvities that further it5 chanrablÈ aims for the benefit of its beneficlarles. Including those support costs and costs relating to the oovemènce of the chariry apportioned to charitable activitie5. other expenditur& ncludeS all expendlture that Is neSther related to ralslno funds for the chadbl nor part of its expÈnditure on charltable a¢tivitie5. All costs are allocated to expendlture cstegones reflectlng the use of the resource. Direct costs attributable to a slnglè activity are allocated directly to that activity. Shared costs are apportioned berween the activities they Contbut& to Dn reasonable, Justifiable and conslstent basis. Page 14
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 2.6. Tangible Fixed Assets and Depreciatlon Tangible fixed assets are measured at cost less accumulatÈd depreciation and any accumulated Impairment losses. Depreciation is providÈd at rates calculated to write off the cost of thÈ fixed assets, less their estimated residual value, over their expetted useful lives on the following bases.. Motor Vehicles Fixtures & Fittlng5 5-10 years 10-33 2.7. Stocks and Work In Progress Stocks and work in progress a valued at the lower of cost ènd net alls8b1e value after making due allowante for obsolete and slow-rnovino stocks. Cost Is dÈtermined using the first-ln, first-out method. Cost Includes all dlrètt cost5 and an appropriate proportion of fixed and variable overheads. Work In progress Is rÈflected In the accounts Dn a contrfjct by CDntrart basis by recording tumover and rèlated costs as contratt attivity progregse5. At rhe end of each reporting period stock5 are assessed for impairtnent. If an item of stock is impaired, the Identified stock is reduced to Its selling price les5 ¢OSt5 to complete and sell ond an Impairment charge 15 recognised in the stat&ment of financial actlvlties. Where a reversal of the impalrmÈnt is QUIred the impalment charge is reversed, up to rhe original impairment loss, and is recognised as è credit in the statement of financial activities. 2.8. Ca$h and Cash Equivalents Cash and cash equivalents are baslc financial assets and include cash in hand 6nd deposit5 held at call with banks, other short-term highly Ilouid investments that mature In no more than three months from the date of acquisition and a readily convÈrtible to a known amount of cash with insignificant risk of change in value, and bank overdtsfts. 2.9. Pensions The charitsble company operates t defined pension contrlbution scheme. Contributlons are charged to the Statement of Financial Activities as they b&cotne payablÈ in accordantÈ with the rulÈs of the scheme. 2.10. Government Graht Government grants are r@cogni5ed In the statement of financial artivities In an appmprlate manner that matche5 them with the expenditure rowèrds which they are Intended to conrribute. Grants for ImmÈdiate financièl SUPPDrt or to cover t05t5 already incurred are recogni5ed ImmediÈtely in the statement of finoncial attivities. Grants toward5 general activltSès of the entlty over a speclfic period are r&cognised In the staternent of financial actlviEiÈs over that period. Grants toward5 ffixed a55ets are recogni5ed ov&r the expected useful lives of the related assets and a treated as defera incotne and relelsed to the statement of financial activities over the useful Ilfe of the asset concerned. All grants in the statement of flnancial activltle5 are recDgnised when all conditions for tlpt have been complied with. 2.11. Operating Lease LÈa£e Income Is recognised in income or expenditure on a straight Ilne basis over rhÈ lÈase term.The aggregate cost of lease Incenrives are recognlsed a5 a reduction to income over the lease term on a stff19ht-line basls. Costs, includlng deprÈtiation, incurred in earning the lease Incorne are COgnised as an expense. Any Inltlal direct Costs in¢urred in negotiating and arranging the operating leasè are added to the carrying amount of the lease and COgnISed a5 an expÈn5e over thÉ le6se term on the same basis a5 the lease income. Income from Donations and Legacies 2025 2024 Unrèstricted Restrltted Total Total funds funds funds funds Donatlon5 and glfts GntS L.903 1,000 2,331 179,068 4,234 180,068 2,677 181.908 2,903 181,399 184,302 184,585 Page IS
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 The ftsllowing donations and legacies are included within the totsl income from donations and legaciès above.. 2025 2024 UnrestrScted funds Rèstricted funds Total funds Total funds Donation 994 2,331 3,325 909 1,971 706 Donations- Other 909 1,903 2,331 4,234 2,677 The following grants are Includ&rS within the totsl income from donatlons and legaties above.. 2025 2024 Unrestrirted Restricted funds funds Total funds Total funds Other Government Grants Ceredigion County Council The National Lottery CAVO 7.479 194 7,479 194 4,763 4,604 126,975 33,293 1.393 7,500 150 1,000 2,230 150.52D 18,275 150,520 19,275 1,000 Other trustg CWVYS Ivoluntsry Youth Work Organlsationl Aber War Memorlal Aberystwyth Town Councll Henry Smith Charity Holiday Fund 648 1.600 648 1,600 1,000 178,716 179,716 181,908 Investment Income 2025 2024 Unrestrlcted Total funds funds Bank interest recelvable 671 156 Net Incorne/lExpenditure) The net Incomellexpenditurel Is statecs after chargingllcredltlngl: 2025 2024 Depreciation of tsngible fixecl assets - owned 14,177 13,720 Page 16
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 6. Analysis of Expenditure 2025 ActlvltlÈ$ undertaken directly Support costs Isee note 71 Total Charitsble Attivite5 178,332 57,320 235,652 2024 Activltles undertaken dlrectly Supptsrt costs (see note 71 Total Charitable Activites 208,416 56,344 264,760 7. Support Costs 2025 Charitable Attivites Employee costs Prernises expÈnses General adtn1nisttl0n Depreciation Governance costs 1,631 22.722 14,787 14,177 4,003 57,320 2024 Charltable Attivites Employee costs Premises expÈnsès GenÈrÈl administRtion Depreciation GovÈrnance costs 1,691 26,555 7,281 13,209 7,608 56,344 Independent Examiner's Remuneration 2025 2024 Independent Èxamination of the flnancial statements other assurance services Tox aovisory services Other financial s&r¥i¢es 1.700 1,550 1.700 1,550 Pdge 17
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 9. Stsff Costs Staff costs were as follows: 2025 2024 Wages and salarles Social security costs Employer contributions to penslon plans 114,260 3,207 3,284 133,999 9,382 4,079 120,751 147,460 No etnployees received employee benefits lexcludlng employer penslon costs) for the reporting period of tnore than £60,000. 10. Average Number of Employees Average number of employees during the year was.. 612024.. 61 11. Tangible Assets Motor Vehicles Fixtures & Fittinys Total C05t As at L October 2D24 Additions 32,900 102,343 1.380 135,243 1,380 As at 30 Septèmber 2025 32,900 103,723 136,623 Depreciation As at l October 2024 Provided during the perio 27,010 3,810 72,868 10,367 99,878 14,177 As at 30 September 2025 30,820 83,235 114,055 Net Book Value As at 3D September 2025 2,080 20,488 22,568 As at l Ocrober 2024 5,890 29,475 35,365 12. Stoeks 2025 2024 stock 3,362 3,243 13. Debtors 2025 2024 Due within one yÈar Trade debtors 920 1,131 ge18
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 14. CrÈdltor$: Amounts Falllny Due Wlthln One Year 2025 2024 Trade creditors Accruals and deferred income 500 821 17,390 28,593 17,890 29,414 15. Deferred Income Deferred income rnovements in thè year were as follows.. 2025 2024 Balan at the start of the pèrfod Income defÈrrÈd in the current period Amounts released in Income from previou5 periods 25,443 14,115 125,4431 29,091 25,443 129,0911 balance at the end Df the period 14,115 25,443 16. Other Commltmersts The tot31 of future minimum lease payments under non-cancellable operating leases are as following: 2025 2024 Not latèr than one year Later than on& year and not latèr than flve years Later than five years 400 1,600 2,000 400 1,600 2,400 4,ODO 4,400 The tÈrms of the head-lea5e of the community centre occupled by the charity in¢lud& a sub-lease of part of the comtnunity ntrÈ to be used exclusively ès è boxlng club. The rent of the sub-lease is £1,200 annually, recogni5ed on a strdight line b651$ over the term of the leasÈ. 17. Movement in Funds Asatl October Asat30 September 2024 Income Expendlture Transfers 2025 Unrestricted funds General.. General unrestricted fund Fixed AssÈt Fund 55,250 60,239 55,489 136,3751 113,2061 11,0881 73.276 47,033 115,489 55,489 149,5811 11,088} 120.309 Designated: Mlnibus 1,360 330 12.7781 1.088 Total unrestrirted fund$ 116,849 55,819 152,3591 120,309 Restrbcted funds Natlonal Lottery Award for All 12,268 IL2.2681 ..CONTINUED Page 19
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 Ceredigion CC Tackling Food Povèrty and Addressing Food Insecurity Oeflbrlllators 2.46D 12.4601 920 1,006 6,989 900 12071 713 i5tory Group Youth Forum Penparcau Action Team Children's Activities 1,006 6,004 263 677 19851 19411 12861 17301 (1,6001 16,1081 1138,2521 17,3461 11941 16481 11971 1501 13671 11,5001 11,0001 11,6651 1803) 14761 12,0001 12,0001 15001 15921 11181 304 718 245 Neighbourly Henry Smith Charity Employer Allowance Fund National Lottery People & Places C8vo - Numerdcy through wellbeing CCC= Paid Work Opportunity Abery5twyth Town Council Cavo - First Aid Grant 730 1,6DO 6,108 138.252 7,346 194 1,000 352 197 Menter a Busne5 50 Donation to Children5 Activlty Warm Welcome 367 1,500 1,000 1,665 803 Veteon5 Group Plants for Wellbeing Penpèrtau Survey JustGiving Green Space Food Get Together Age Friendly Grant Carm CC - Community Cohesion Fund Aber fnstruments 540 64 2,000 2,000 500 592 360 242 Total restrirted funds 11,097 181,5L7 1183,2931 9,321 Total funds 127,946 237,336 1235,6521 129,630 Asati October 2023 Asat30 September 2024 ZncDmÈ Expendlture Unrestricted funds Geneffjl". GenÈral unrÈstrlrt&d fund Fixed Asset Fund 63,487 60,239 59,320 167,5571 55,250 60,239 123,726 59.320 167,557) 115,489 Designated.. Ninibus 654 7D6 1,360 Total unrestrirted funds 124,380 60,026 167,5571 116,849 Re6trlcted funds National Lottery Corntnunity Fund 5,071 27,966 133,0371 .CONTINUED Page 20
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 National Lottery Award for All CeredigiDn CC T8ckling Food Poverty and A¢Jdressing Food Insecurity Tyfi Dyfi Defibrillators History Group Youth Forum 4,274 10,526 114,8001 3,231 13,2311 299 {2231 1761 13251 1,245 I,OD6 6,989 773 995 293 920 1,006 6.989 900 Penporcau Action Team Children's Activities Meals on Wheels 520 433 5,269 13931 17101 15,5621 12251 12,2301 14,7631 188,4821 127,6141 13.6791 11,3731 17,5001 11501 11,0001 13041 {1,6161 11331 718 Neighbourly Henry Smith Charity Employer Allowan Fund National Lottery People & Pla5 Cavo - Improving Nourishment in our community Cavo - Numeracy through wellbeing CCC- Paid Work Opportunity Voluntary Youth Orgs Support Scheme Aberystwyth War Memori31 Trust Aberystwyth Town Council Cavo- First Ald Grant 225 2,230 4,763 88,482 27,614 3,679 1,373 7,SOD 150 1,000 501 197 Menter a Busn&s 1,616 500 Donation to Childrens Activity 367 Total restricted funds 21,170 187,130 1197,2031 11,097 Total funds 145,550 247,156 1264,7601 127,946 Restrirted funds.. National Lottery Award$ for All Wales {Penparcau Action Team) - Support for the Penparcau Action Team with poverty alleviation in Penparcau National Lottery P&P - Community Fund.. continuation funding to deliver a onge of activities and events frorn the Penporcau Hub to break down barriers to isolation, itnprove health and wèllbelng, learn new skills and develop citlxenship by tklnfj responsibility for their own CDmmuDity. Defibrillators To provide def1brilators in Penparcau. Youth foruffl To support the activities of the youth forum. Hlstory yroup To support the activities of the hlstory group. Penparcau Action Team To support the activities of the Penparcau Attlon Team. Neighbourly - To 5UPPOrt food Surplus and utilities for the Penparcau Action Team. Henry Smith Charity Holiday Fund- Hollday grant to support trips to an èctlvlty centre for Penparcau youth Chlldrens Activities - To fund acilvlties and Items for the local children. CAVO.. Communities Count Scheme.. Numeracy through Wellbeing - Develop numeracy skills through wellbÈlng attivities & provision of free gardening and exÈrcise classes for Penparcau residents CAVO- Tackling Food Poverty & Addressing Food Insecurity- Support of PÈnpaTcau Attion Tearn CAVO: Ceredigion Warm Welcome - Support of utilities, additional food surplus and youth refre5hrnents CAVO- Penparcau Survey - 6-month community engagement and signp05ting project CAVO-. Green Spaces - l2-week project to enCoUge and upski11 community gardening CAVO.. Partnerlaeth Bwyd Ceredigion Small Grant- P13nts for Wellbeing 2.. 10-week programrne to encourage commlinity cohesion and wellbeing & celÈbrating good nLJtrition through community diversity Mid Wales Communlty Cohesion Fund - 5-month support Df Youth Worker5 to manage Youth Safe Spa Ceredigion CC - Paid Work Opportunity granr to support the unemplDyed back into the workforce Ceredigion CC Tackling Food Poverty & Addressing Food Insecurity- using food surplu5 for nutritious meal option5 Aberystwyth Town Councll - Host Intergenerational activities around active travel and gèrdening Cavo First Aid grant - To provide First Aid skills-trainin9 for Penparcau residents. CAVO: Age Friendly grant - Intergenerational sen50ry wall in café Menter a Bu5nes.' Local Food PartnershÈp - Partnership project with Borth Communlt¥ Hub and RAY Ceredigion: nutHtion training for staff and prD¥islon of cookery courses for re51dents. .CONTINUED Page 21
PENPARCAU COMMUNITY FORUM LTD Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 17. Movement in Funds - continued VDluntary Youth Organisètion Support scheme - To provide and develop quality Youth Work opportunlties for young people in Wales West & Wales Houslng Association To support food surplus purchasès for the Penparcau Action Team. Aber Instrumewbt5 Provision of free br&akfasts for children durlng the sufflmer holidays Just Giviny Cloud funding to purchase new goal posts and footba115 for Hub green Epoce 18. Transartions with Trustees During the yèar the expenses reimbursed to the trustees or paid directly to third partles were as follows.. 2025 2024 19. Related Party Dlsclosures Therè have beÈn no related party tran5artlon5 In the rÈportin9 period that require dis¢losure. 20. Company limited by guarantee The charlty 15 a company Iimlted by guarantee and ha5 no share capital.Every membÈr of the cotnp3ny promise to pay £1 to¥Yards the t05ts of dlssolution and the liabilities incurred by the company whilst they were a member, In the Èvent of the charity being wound up while they were a member or within one year 3ftÈr they cèase to be a member.The company is regIsted in England & Walés ond its registered office Is sltuated in Wales, at P&nparcau Community C&ntre, Penparcau Road, Penparcau, Aberystwyth, C&redigion. SY23 IRU. Page 22