BRECKNOCK FEDERATION OF YFC (CIO)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2025

BRECKNOCK FEDERATION OF YFC (CIO)
INDEX TO THE FINANCIAL STATEMENTS
for the year endlng 31 August 2025
Page
Trustees Report
Independent Examlners Report
Reeelpts and Payments Account
Statement of Assets and Llabilltles
Note to the Flnanclal Statements
10

BRECKNOCK FEDERATION OF YFC (CIO)
TRUSTEES, REPORT
for the yerdr eDdiDg 31 August 2025
STRUCTUR4 GOVERNANCE AND MANAGEMENT
Brecknock Federdtion of YFC. fomied under a con￿ltUtiOn dated 12 May 2016. is a registered charity no.
1169501 and its address is Breckn￿k YFC Office, Hay and Brecon Farnicr& Ffrwdgrech Industrial Estate,
Brecon, LD3 8LA.
TRUSTEE SELECTION
Trustees are selected at the Annual General Meeting; each club nominale two members to become trustees
of the Federation and vote ai Executive committee meetings and the AGM. In addition. the County
Chairnian, County Vice Chainnan, Finance & Events Commitlee Chairn)an and Vice Chairn]an,
Competilions Committee Chairnian and Vice Chairnian. Welsh LAnguage Development Chair and Vice
Chairnian. Youth Fonun Chairn18n and Vice Chairn]an. Board of Management Chairn]an, County
President and three co-opted members, all elected or confmed at the AGM are also tnistees.
Day lo day running of the organisation is carried out by two part time members of staff.
Membership of the clubs associated within the Federation is open to all young people aged between l O and
28. The Iruslees oversee the day to day running of the club through ihe Executive committee. trustees seek
the views of the membership, the Federation staff and volunteers in deciding the activities to be run. There
are safe guarding and child protection policy in place. Data Barring service check are carried out prior to
commencement of employmenl or trusteeship and checks carried out again in line with statutory
requirements.
All trustees give their time voluntarily and receive no remuneration or other benefits as a result of their
trnsteeship.
TRUSTEES
Trustees:
Mr Ryan Watkins
Mr carW￿ Pugh
Miss Emma Jones
Miss Emma Rees
Miss Elin PrOther(￿ (resigned 4 October 2024)
Mr Baden Davies
Miss Leanne Davies (resigned 4 October 2024)
Miss Libby Davies
Miss Sioned Davi
Mr Paul Thomas (resigned 4 October 2024)
Miss Ffion Price (resigned 4 October 2024)
Mr Iwan Davies
Miss Chloe Hyde
Miss Ffion Williams
Mrs Samantha Davies
Mr Chris Davies (resigned 4 October 2024)
Miss Ffion Hemming (resigned 4 October 2024)
Mr Niall Evans
Mr Gethin Williams (resigDed 4 October 2024)
Mr Jamie Coles (resigned 4 Othober 2024)
Miss Elin Havard (resigned 4 October 2024)

BRECKNOCK FEDERATION OF YFC (CIO)
TRUSTEES, REPORT (continued)
for the year ending 31 August 2025
Trustees (continued):
Mr l¢uan Williams (resigned 4 October 2024)
Miss Lucy Brown
Mr Craig Jones (resigned 4 October 2024)
Mr Luke Smith (resigned 4 October 2024)
Miss Rachel Rees (resigned 4 October 2024)
Mrs Sharon Healey
Miss Sian Healey
Mr Stephen Matthews
Mr Robert Healey
Mr Ben Bowen (resigned 4 October 2024)
Miss Molly Jones (appointed 4 (ktober 2024)
Mr Samuel Powell (appointd 4 October 2024)
Miss Rebecca Lewis (appointed 4 October 2024)
Miss Hannah Rowburrey (appoinied 4 October 2024)
Miss Danielle Harley (appointed 4 October 2024)
Miss Rhiannon Richards (appointed 4 October 2024)
Miss Teleri Haf Thomas (appointed 4 October 2024)
Mr Jack Bromwell (appointed 4 October 2024)
Miss Isabel Davies (appointed 4 October 2024)
Miss Emily Price (appointed 4 October 2024)
Miss Isobel Hood (appointed 4 October 2024)
Miss Nerys Protheroe (appointed 4 October 2024)
Mr Deryn Evans (appoinied 4 October 2024)
Mr Evan Jones (appointed 4 October 2024)
The Tnjstees ar¢ noTninated and elected ai the Fderation's Annual Meeting.

BRECKNOCK FEDERATION OF YFC (CIO)
TRUSTEES, REPORT (continued)
for the year eDdiDg 31 August 2025
PriDcipal offiee:
YFC Office
Hay and Brecon Farniers
Ffrwdgrech Industrial Estate
Brecon
Powys
Accountants
WJJames&Co
Chartered Accountants
Bishop House
l O Wheat Street
Brecon
Powys
Bankers
Barclays Bank PLC
Leicester
OWECTS OF CHARITY
The objects of Brecknock Federation of YFC (CIO) are: .
a) To advance the education and personal development of young members of thc public at large in
agriculture, rural life and affairs, international understanding, home crafls. the environment, and
related subjects.
b) In the interests of the social welfare of such members. to provide and promote the provision of
facilities for recreation and oiher leisure time ￿¢Upations, being facilities, which will improve
Iheir spiritual and mental canacities, health. and well-being, raise awareness, self-reliance and
individual responsibility so that they may develop as individuals into full citizens.
c) To promote its activilies through the mediums of English and welsh and io ensure those activities
enhance the members, understanding and knowledge of Welsh rural life, welsh culture and the
welsh language, along WAth providing an understanding of other cultures.
ACTIVITIES AND ACHIEVEMENTS
Brecknock Federation hosls a wide range of activities dcsigned to improve mcmbcrs knowledgc of
agricultUTe, rural affairs and life skills. It holds training and competitions across all these themes including
public speaking. lamb trimming and hedging. The majority of the competition evenls are open to the
general public as spectators including a weeklong drama festival, eisteddfod, public speaking day. the
Annual Rally and many more.

BRECKNOCK FEDERATION OF YFC (CIO)
TRUSTEES) REPORT (continued)
for the year ending 31 August 2025
The focus on Turnl affairs has included several fann visits and trips to events such as the Balmoral Highland
Show. Clubs have hosted discussions such as the future of agriculture and environmenL21 impact. mental
health in ruTal settings. Training sessions for members to access have included Food Hygiene, Business
VAT. safeguarding and training for being a committee member.
Both the Federation and its constituent clubs make a significant contribution to the local communities:
many clubs being integral parts of their local agricultural shows. putting on community events such as
Christmas Traclor Runs and many other social events. The federation supports organisations such as the
Breconshire Agricultural Society, Wales YFC, Royal Welsh Agricultural Society, DPJ Foundation and
more through fLllther volunteering opportunities.
PUBLIC BENEFIT
In planning the Charities activities for the 2024125 year we kept in mind the Charity Commission's
guidance on public b¢n¢fit at our regular trustees, meetings (executive committee).
RESERVES POLICY
The main financial risks to the charity are the loss of the long-terni funding from the County Council and
losing our rent-free office facilities. There is also a risk from reduced income from grants and other
donations. The trustees, have a reserve policy to maintain funds at a level to cover over 12 months of
operational costs, as a minimum, in the event of a loss of income and to meet any unforeseen expenditure
that may occur.
Funding awarded for specific pury)oses are maintained in the accounts as restricted reserves for use for the
purpose of the grant I gift / funding.
As the Federdtion are currently hosted by Hay and Brecon Farnier4 the federation does not hold any
specific reserves in its accounts in respect of areas such as repairs and renewals etc.

BRECKNOCK FEDERATION OF YFC (CIO)
TRUSTEES, REPORT (Continued)
for the year ending 31 August 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Truste¢s' Report and the financial statements in accordance
with applicable law and United Kingdom Accounting SLqndards (United Kingdom Genernlly Accepted
Accounting Practice).
The law applicable to Cbarities in England and Wales reqUi￿S the trustees to prepare f￿￿]cIal statcments
for each financial year which give a true and fair view of the state of atTairs of the charity and of the
incoming resources and application of resources of the charity for thai period. In preparing these financi
statements. the trustees are required to:
s¢lect suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP 2019;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
prepare the financial ststements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operntion.
The truslees are responsible for keeping accounting Tecords that disclo￿ with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply
with the Charities Act 2011, the Charity (Accounts Reports) Regulations 2008 and the provisions of the
trust deed. They are also r¢S￿nSIble for safeguarding the assets of the charity and hence for taking
reasonable sieps for the prevention and detection of fraud and Olher irregularities.
Slgned on behalf of tbe Trustees
Mr Nlall Evans

BRECKNOCK FEDEIL4TION OF YFC (CIO)
IIYDEPENDENT EXAMINERS REPORT
to the Trustees of Brecknock Federation of YFC (CIO)
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31
August 2024 which are set out on pages 7 to 15
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparniion of the a¢¢ounts in accordance with the
requirements of the Charities Act 2011 ('the Act.).
I report in respect of my examination of ihe charity's accounts carried out under seclion 145 of ihe Act and
in canying out my examination I have followed all the applicabl¢ dir¢¢tions given by the Charity
Commission under section 145(5)(b) of the Acl.
Independent examiner's slatement
I have completed my examination. l ¢onfim] that no malerial matters have come to my attention in
connection with the examination giving me cause lo believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 130 of the Acl; or
2. the accounts do not accord with Ihose records.
I have no concerns and have come across no oiher matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper underslanding of the accounts to be
reached.
J M Roderick Bsc, ACA
WJJames&Co
Chartered Accountant
l O Wheat Street
Brecon
Date:

BRECKNOCK FEDERATION OF YFC (CIO)
RECEIPTS AND PAYMEIYTS ACCOUNT
for the year ending 31 August 2025
Total
nds
2025
Total
funds
2024
Unre$trlcted Restrirted
funds
funds
Note
INCOMING RECEIIryS
Drdma festival
Club levies
Rally
Federation events
Donations and collections
200 Club donation
Raffles
Grants
Club supplies
Advertising and sponsorship
Catering
Printing
Members contrÉbution to training
Interest received
Brecknock Beacon
Event income received on behalf
of Ystradfellte YFC
25.974
8.026
31.531
25,974
8.026
31,531
4,644
4.037
14.963
19,627
26.233
10,905
6.619
2.961
255
10,444
328
2,274
1,544
61
45
6,629
979
4.037
191
i 0.000
367
191
20,344
367
10,344
346
74
346
74
8,489
1.048
8.489
1.048
7,076
TOTAL INCOMIIYG RECEIFrs
95,027
IOJ44
IOSJ71
110.943
RESOURCES EXPENDED
Drama festival
Club levies
Rally
Federation events
Catering
Donations
Brecknock Beacon
Wages
Pension
Training
Repairs and renewals
Printing, postage and stationery
Compuler equipment
Telephone
Website
Accountancy
Income rcimbursed to Ystrddfellte YFC
from event held
11.003
19.266
16.957
12.990
217
1.305
17.049
19,266
17.484
17.190
217
1,305
1.845
45,588
942
285
2.489
2,192
1,464
975
248
1.388
8.213
17.454
15,981
18.952
923
11,305
1,635
41.653
860
252
1,438
3,296
527
4200
1.845
45,588
942
65
591
2.192
549
975
248
1.388
220
1.898
915
1.072
241
1.469
7.076
TOTAL RESOURCES EXPENDED
114276
15,651
129,927
131,820

BRECKNOCK FEDERATION OF YFC (CIO)
RECEIPTS AND PAYMENTS ACCOUNT (ContlDued)
for the year ending 31 August 2025
Total
funds
2025
Total
funds
2024
Unrestrirted Restricted
nds
funds
Note
NET MOVEMENTS IN YEAR
BEFORE TRANSFERS
(19249)
(5J07)
(24,556)
(20,877)
Trdnsfers
16
(101)
NET MOVEMENT IN YEAR
AFfER TRANSFERS
(19JS0)
(5306)
(24,556)
(20,877)
Balances brought forward at
I September 2024
235.476
48,090
283,566
304,443
Balances earrled fonvard at
31 August 2025
216,126
42,884
259,010
283￿66

BRECKNOCK FEDERATION OF YFC (CIO)
STATEMENT OF ASSETS AND LIABILITIES
as at 31 August 2025
Notes
2025
2024
BANK BALANCES
Barclays Community Account
Barclays Youth Fonun Account
Redwood Bank
Monmouthshire Building Society
Petty Cash
Cambridge and Counties Bank
23,022
96.067
71,676
75,276
30
89,006
29,306
73.163
30
85,000
TOTAL BANK BALANCES
259,010
283,566
OTHER ASSETS
Debtors
7,565
4,943
LIABILITIES
Creditors
DefeLTed income
12
13
2,726
4,068
2,225
Slgned on behalf of the Trustees
Dated:.
Mr Niall Evans

BRECKNOCK FEDERATION OF YFC {CIO)
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2025
RALLY
Total
fund$
2025
Total
funds
2024
Unrestricted
funds
Restricted
funds
Rally income
TendeTS
Rally sponsorship
Rally donations
15,717
8.200
5,230
2,384
15,717
8,200
5,230
2,384
12,058
9,000
3,315
1,860
31,531
31,531
26,233
FEDERATIOIY EVENTS
Totfdl
funds
2025
Total
funds
2024
Unrestrl¢ted
funds
Restrlcted
funds
Admission and evenl receipis
Choirnjan's Event
Wales YFC
Competition revenue
1,160
6.907
326
672
3.000
724
2.760
724
2,760
10.905
10

BRECKNOCK FEDERATION OF YFC (CIO)
NOTES TO THE FINANCIAL STATEMEIYTS (Continued)
for the vear ended 31 August 2025
GRANTS
Total
funds
2025
Total
funds
2024
Unrestrlcted
funds
Restricted
funds
Welsh Language
Powys County Council
Rural Touih Trnst
Audrey Tyler Trusl
Powys Association of Voluntary
Organisations
1,344
1,344
10.000
1,444
7.500
1,500
10.000
7,500
7.500
1,500
1,500
10,000
10,344
20.344
10.444
CLUB SUPPLIES
Total
funds
2025
Total
funds
2024
Unrestricted
funds
Restricted
funds
Club I County tops
DBS Checks
Membership Cards
64
234
30
357
10
357
10
367
367
328
ADVERTISING AND SPONSORSHIP
Total
funds
2025
Total
funds
2024
Unrestricted
funds
Restricted
funds
Sponso￿lps
300
2,274
300
2,274

BRECKNOCK FEDERATION OF YFC (CIO)
NOTES TO THE FINANCJAL STATEMENTS (Continued)
for the year ended 31 August 2025
RALLY EXPENSES
Total
funds
2025
TotAI
funds
2024
Unrestri¢ted
Resttlcted
funds
Rally event expenses
16,957
527
17,484
15.981
16.957
527
17.484
15.981
FEDERATION EVENT EXPENSES
Total
funds
2025
Total
funds
2024
Unrestricted
funds
Restrlcted
funds
Competition expenses
Event expenses
Trips
Engraving
DBS Checks
Sundry
Travel
Vera Jones Bursery
Club & county tops
Subscriptions
Wales YFC Expenses
PCC Mental health grdnt
Fines
Youth Fornm Expenses
1.491
1.329
700
4.955
4,586
2,316
699
520
78
I,443
250
4,943
2.007
8,177
613
317
71
1,035
250
299
176
578
298
25
163
3,257
1.616
699
520
78
1,443
250
131
176
458
176
888
430
1,148
1,148
12.990
4,2(K)
17,190
18.952
12

BRECKNOCK FEDERATION OF YFC (CIO)
NOTES TO THE FINANCIAL STATEMENTS (Continued)
for the year ended 31 August 2025
RESTRICTED FUNDS
Balanee
brought
fonvard
asat
I September
2024
Balance
carried
forward
asat
31 August
Transfers
2025
Receipts
Payments
Vera Jones Bursary ￿nd
Trust Fund
Welsh Drama Fund
Welsh IAnguage grant
Pavo Mental Health Grant
Awards for all -
Queens Jubilee
Rural Youth Trust
Powys County Council -
Mental Health
Rural Youth Trust - Rural
affairs
Audrey Tyler Trust
Powys Association of
Voluntary Organisations
1.3
34,789
5,419
4.593
61
(250)
1,050
34,789
3,966
1,399
61
(1.453)
(4,538)
1.344
165
249
165
(252)
1,221
(1289)
68
293
(300)
(6,046)
7,500
1.454
1,500
(1,523)
23
48,090
10,344
(15,651)
101 42,884
The Vera Jones Bursary Fund is for Community projects. Clubs apply to the fund, and a panel
selects the best projecl and that club receive £250.
The Trust Fund i. held for training and development work relating to the Federation's objectii'es
and for the purpose of funding any substantial purchases of the Federation in carrying out its
objects. Both presently and at any time in the future, in order to continue and extend the work of
the Federation.
The Welsh Drama Fund includes money generated from the Welsh drama and language project and
included £5,000 rcccived from Powys County Council specifically for the development of the
Welsh language and culture work in the County.
The Welsh Langvuage grant has been received to promote the use of the Welsh language.
13

BRECKNOCK FEDERATION OF YFC (CIO)
NOTES TO THE FINANCIAL STATEMEIYTS (Continued)
for the year ended 31 August 2025
8. RESTRICTED FUNDS (colltinued...)
PAVO Male Mental Health for a sum of £2.000. Funds to support open session for male members
within th¢ community.
Awards for all - Queen's Jubilee. Funds to plant trees within the community and mark the jubilee
celebrations.
Rural Youth Trusi for a sum of £1,500 was received. Funds to support Team Building and training
session for club and counly officials, Mental Healtm and First Aid Trdining.
Powys County Council -Male Mental Health. Funds to supw)rt activities and discussions for male
members.
Rural Youth Trust - Rural Affairs. Funds to support rural affairs trips and discussions.
The Audrey Tyler Trust grant is for the drama festival.
The Powys Association of Voluntary Organisation grant is to improve numeracy skills.
14

BRECKNOCK FEDERATION OF YFC (CIO)
NOTES TO THE FINAIYCIAL STATEMENTS (Continued)
for the year ended 31 August 2025
DESIGNATED FUNDS
Held within restricted funds is designated funds of £2,227 which related to money held for the
Youth Forum.
10.
FIXED ASSETS
Fixed assets are written off in the year of purchase.
11.
DEBTORS
As at 31 August 2025, there are debtors totalling £7,565 due to Brecknock Federation of YFC
(cio).
Included in the amounts due are £4,890. to be paid frorA the ?00 club, and £2.500 owing from
Powys County Council du¢ in relation to the year ended 31 August 2025.
12.
CREDITORS
As at 31 August 2025, there are creditors of £2,726 dae by Brecknock Federation of YFC
(cio).
13.
DEFERRED INCOME
As at 31 August 2025, there is defe]Ted income of £4,068 which related to club levies paid in
advance.
14.
TRUSTEES
No Trustee received any remuneration (2024: £Nil), and one Trustee received reimbursement
of travel and accominodation expenses for attendance at meetings on behalf of the County of
£194 (2024: £Nil) during the year ended 31 August 2025.
15.
RELATED PARTIES
There are no related party transactions to disclose in relation to the year ended 31 August
2025.
16.
TRANSFERS
Transfers have been made from Unrestricted to Restricted funds during the year, to cover any
deficit balance arising on these at the year end.
15