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2025-03-31-accounts

Chrthans m Walés Red Community The trustces prcscnt Itdr r•wt for the y•8r er￿ 3111 March 2025. Flnonciol Slatemerrts fty tho sarng ponod are appwthd. Thc trusto08 have k¥)tvd the provisions of the Slaterwit Df Re(xXnn￿nded Practice {SORP) "AC￿nt￿￿ and Red C{ynm￿ty 1169756 PO Box 111.fj, Carthff. CF11 1UN Dai Hankoy {Ch): Davls <S• & Tre￿{WOr). Mag2 Moss: ￿.11: Dave Medbco¢ Liz Pany. Rotxn Davies HSBC, 94 Albany Road. Cardiff. CR4 3RT Choanisabon, rogiered October 2016 with a Consti￿ti￿ as thc govemiThJ Should Ihe need arfse. new trustsés h8ve and bc apwinitid fv a lerTn ol IWY) by the existiro trustees tsking fijl account of the 1ndiw￿81'S relevanl skills, knuwledgp. and 0xpOr￿ts. Any new lJustees bo approprntely trained in r¢spcGt of their res[M)ns￿lI11IeS and tho FKocedwe8 of the charity. The cljarity employod ona oart-limp. qt8ff wrtlmbor and is Admini8tp.r•d hy thf tri i*lswi necisions in resped of sizeable grants to tjo awarded are matje ai truste￿. moetin9S. De(isions rclating 10 Sm￿1 grants underthe Embra￿ scheme (usually signifi(anlty less than £200) are delegated to mwnber ofthe tx)ard by the tru￿1￿ and are rnviow by the Treasurer prior to pawnwL It is not cL￿51dered that ts dpnty is exrosed to matr risks, this is contlnuaify reviewed and ShL￿Id any Such KleJ)tiW. nNbgabrKJ W(￿￿dUmS will be devised arKI Implemented. P•¥1

Red Community . The objects of the charity aro: (1) The relief of wverty SLrffercd by those ￿ &e viclim5 of. or vulnerabky to human traffith"ng. slavery and expbitation by. ProvKling front￿￿@ service5 to reach out and assisi those arp victirns of, or vulnerable to. human traffid(irKJ. slavery and expk)Eta1￿. ProvK1ina lonpterm support to care for and ern[￿¥Cr thosc who a victims of. ￿ vulnerable to. human traffickiNJ. slavery and oxploiiaiion. FomiirYJ strategic parthcr5hips %wth l1ke-mF￿ orgariwbon9, both localty arKI globalty, who Are seeking to reach (Krt to and relieve Ihe FX)verty and injusticc suffered by vKtims of human traffi¢kiNJ. slavery arKJ exploitati￿1. (2) The advanemnent of educats.￿ by raisry aW¢Ire￿ abwt hurnan traffickn.ng and rr￿￿emaY sEavery by: Organisiw events thai are geared knwards raisirg a￿re￿53 about human traffickirKJ. slavery and 0xpl￿tiOn. Provmling training ftx adults and young people to be able to infom) others atx)ul human traffi4ing, slavery df5d ex￿ati￿. creab.ng a widc rarrfJ& of resources almed at raising a￿arenesS dbout human traffid(Fng. slavery and expldtation. Emp)wering paopl& to idendty svJns of I￿nIka1 abuse 8rKI to kn( (3) The Advancarrffit of Ihe Christian relyaK￿ by. Reathing (xrt to both victims and perwtrators of human trafficking. expk)itatMM and onslavement Y￿h the goc#J news of IK)pe. healing, forgivcnoss and redernpts￿ that can bo found in Jesus. Establishing a T￿tWO￿ of Chur￿￿3 that are cx)nYnined10 exlending gospel hopo to the trafficked. expl￿￿ and enslaved. Hosbng mootings to way ft>r the traffickod, expk)ited and enslaved. The main activibos of Red c(Xnn￿nty its forn1a￿n have been raisir(i aly￿neSS of traffickiThJ and lav¢ry ¢iiJ yiuvhliivd llulp aiKI SUPPLKt for SUTWvors as oeiaiiea belchv. P•oe 2

Red Community Wa roflt (m arK>ther year wrth humility and thanks to ￿ L(Y(L Chjr t&3m of trus￿ remain comfTvttaY to ta3k of unltirKJ Ghrisiians in Walex to c(xrtRt slavpry. We have thril￿ to see R&J CJrt for our Wcxk to I￿ht tor tha traffick￿1, oxploite(J arKI w￿laved kn Wales ￿K1 tEyond. We are part￿￿￿ gmgfvl to Paul Wcythy for duwtir¥J a share of the wofits he fr(￿ frcKn saveral exhitxtions of For these thtros wa gNa C￿￿1 8H the gkxy.I P43

Red Community re hd5 been a surplus of Inc￿ne over eXp￿¥JIturB in tho curront yoAr dwite a decrease in yoar-on-year donati[￿$ due to one substantial in(fividuaJ donatK)n having be￿ rerrrfed In 202324 whk noi ￿pe(lIed in the cwent year. Expenditurc is broadty in Ilne with the previcw ycar, n￿￿tlY related to the qTants arKI cxpcnses ￿lated to the Ern￿cC proie.rt supportiThJ Survivors of traffickmg ArKI slavery. Caru expensos rcducod SubS￿nI￿11Y frorn previous ycars. The Cdru project inccKn6 and expenses (held as restr'cted funds) are shown separatcly wrth a Slight cxccss of oxpendilure over income. Thls rosulted in a ￿nall fund defi(at which has been C¢vered by a transfer from Iha unrestrict￿1 lunds. As Ihe doncY5 01 thc of furth￿ have noi SpeCffi￿ usos for their (￿ntntA￿Ons. all other amounts afy I￿rrenUY held In a gonorAI unreStr￿¥d fu￿ to ￿ utilised for %K)rk of Rod c￿￿MUnty ai the trustees. dls(xoti¢)n. Aru Toward8 the ermj of the year Loulse inf(yT￿l us that she fdt her runnlno Ca was corring to an *KI, so we are FKayerfulty C(￿sIdefIn9 what Ihe ftrture shap8 ot tha pr(4ect mioht be. Project t11rr￿ to raisa awareness abcKrt tho issuès ol county lines. cuck￿1n0 and tlxwn w(Yk¥ exF4Thtati.￿ in S￿h Wal6s. We Uxbtsnue to bcfiove thai this project providos invaluable support for rnarginalised women in South Waks arKI we dre Lwbnualty kjoking for ways to •xpand the geographical coverage and the numbcr of women supported. Iru¥tees ccxffimi that thcy have referred to thc QUIdar￿ Cc￿arned in Iho Chanly Commission's qeneral gU￿ance on public bonefft wtien reviewirrfJ tha TnLqt'q Airns and objectives and in planning futuro aCtsvilie5. In conclusion, we remain committad to f￿htIng for th• trafficked. expknted afKJ enslavÉd in Wales arKI twrKI. We are thankful to all thcxS& WIK) supFY)rt us tnyorfully and financialty. Aty)ve all we remain gratéful to the God of rtwcy aNI iuthe who cOntir￿ to inspirn. provid• and protect the ministri•& of Fled C(¥nmunty. P404

Red Community trusteos woukl (x)nskJw It prL￿ lo retsin three ffKJnts oper3tFrMJ costs as a ststement of the Tnistee's Responsiblllties Tho trustees dre responsiblc for prcpAring the Trlewt of thc TftL%lp￿ arKI financial statemenis in 8ccordance ￿￿th applrabl8 law and UnRed Ifjngd￿ Genorally Accepted The law amicabk to char￿c8 in Ew18nd arKI Walos. the Charitie¥ Act 2011. Chan (A(xx)unts and Reixjrts) Regulations 2{￿ afmj the prOvts￿￿ of thp (x)nsbtution rcqutrt.s the tnjstees to propara financ￿1 statcmcnts for 68ch financi￿ y&3r whlth gNe a true and fair viow of Ihe stsle of affair5 of the charity and of tho Ino)mlrKJ ivsourccs 8Thd application of rosourGe3. including income and expen(fibJre. of the d)arity ts that Period. In prepariry those financial Slaterno￿. the trustees are rcquired to: . Select suitslle ac￿￿￿lI¥J tK)li(ies arKI thon appty them c(%)sithty. otjsorvo mellKxts arKI FKinclples ol the Charity SORP, Make jtyrnnts and ost'mAtes that aro roasonable 8nd FYudon¢ Prepare u)e financial statements on thc goirrf] concm basis unless tl Is rwprryiate to IK8sume tlwl the charty wll c¥)rtinw in tXL8iW. with ￿8$£￿ble aC￿racY at any fnaTrial posi￿ of the (knrity arKI to onable them to ensurc that the financial Slate￿ts c(xnply ith the Charibes Act 2011. the Gharity (Accwnts arKI ReFQrts) R￿uld110n5 2(X)8 aThJ the FrniS1￿ of Ihe ccftstits￿0n. are also responsible for safeguarding thp. assets of the charfty and hérte fix tdking reasonable stops for Ihe proventi￿ and dp.IeCtK￿ ot fraud afYJ otrr irregularilies. As the income for the year was bel(w the £25,IXX) threshcld, the trustBos have decided on 10th January 2026. Dal Hank•y Cknir of Tru4t&•

Red Community Uniluw Chdsffans kn Wa Slat•rn•rrt of Flnancial ActNItI¢s for th• yHr to 31st 2025 31st Ilwth 2024 j119￿ £5.190.38 f 7.•11gfjB £gA70ffj0 £3.11149 C18Jf883 f 10,3?1 33 £3.141.92 fO.M E2.NO.C4> r20.172.90 £2>)7??iJ £JO.N8.11 ED.tKJ I'i) £Q.DD vg.>J t20.1n.90 £22>722a £JaJMR.I I c￿rit•bkn AGtr4thkns O#riwd xpeft £1￿2.$) tiJrJ 13 £2.70528 £1,CQJ 00 È1 ￿0.￿) £6.390.co tea￿￿0 C704.40 £7￿ 4D £6J70.51 ri.570 b1 £23595 +.1 r.LsB £1.15S 74 +-I Ib574 £fj,37160 £407.82 £6A44.68 £1A50 LVJ £1340 14 £2,8J2.S3 I17,429.￿ £20,26iA6 ￿9121 f23 P433.iJ £0. ,:iio. 10A2 £iJ.J%.'19tJ P1.114 TT £64113eJ)S fGI.16V.O2 £54.796 hi £06.346.47 ftKI.4fj124 f Ph15.IXI £6A8SAS DuJf C•%h kn ••pik f1,5)352 COD,iU.72 £81 AI824 87 lJ6.02 dr￿ ￿1n i Il•tA•l ÈÉJ4b1 24 £67.192 H•str￿ PLiryJx £2.114.77 £66316.47 frJ.1141.TT +SJ 45124 tQ7.15O P•0• 6

Red Community Notes to the Financial Statements for tho year ended 31*t Marth 2025 Accounlfng Polici Basis of preparfng the fir￿ncIal stsiem•nts The trustccs have Kjentstt'ed no milterial unczrtainties Ihat may 12St siqnificant doubt about abth'ty of the th￿ttY to Cl)ntinue as a going concarn. Thcref(xe, the financial Sts￿Ments been wepwed ￿ a gowig C￿C¢rn ba b. Accourrtlng conventlon Thc financial statern￿ts have trf3£￿ pr(wred undcy tho histrKical CC%St conventi￿. with Ihe cxception of invcstments which aro at markgt value. dnd in accordan￿ the Financidl Re￿1￿ StarKJard for Smaller Eniitses (effcctive April 2008}, ￿ Charilies Act 2011 ￿ ItrE requirements of the Statcfnont of RecOMm￿ed Pract1￿ {2Cm)5). AcccKmiKKJ &¥J Repcwb'ng by Charities. Incomlng r•sourus All incomiThJ ro8cAJrfM arE Indudgd on the StatGm8nt of FInar￿la[ Adivities vA￿n the cl￿rity is IwJally entitled to the rescAKos ￿ tho am(MJni can d. Resources expend ExFendituro is accruats basis and has been aqxounkd for undcr heading5 that aggrwe all cost ralai41g k) the cstowy. Cost of gonerdting fundg raisir¥J funts Ihrcvjh athtses. f>Jvemancc costs Ind￿Je (fjr8Ct and rclatcd costs retsting to the govcmancé Nrfrastructsro allcming the cNgrity to genorate informatton requtrod ts wNic ￿￿nIabI￿ty. g. Taxatlon IK Fund aCt￿nting Unrestrictod te uscd in acccydancé valh ts d￿ritable objects at lt￿ dis(xeiKm o( the trusFees. the objects of Ihe charty. RostrirtM)ns arrse when s￿rEd by the donor or

Red Community Red C(xnrwnity ha5 10 accajnt for Caru am Byth transferred assets and actNilies in a restn'ded fur]d. Charitable Activities Rglat4 lo costs a$￿i8ted with awarene33 raisirKJ events and grants #w3rded thrcwh the EmbThKe prwecL Relatc to safeguarding arKI ￿￿rance cA>sts. Trustees Remungratlon and Expenses No affK)unts werc paid Iv trustccs for remunerntlon. No expcnses were po￿ tr> tnjsiees othor Ihan direLt rounburser￿nI of amounts paid on behatt of Ihe arity. Staff costs One part tsme mwnber of staff is empbyed to ClK)rdlr￿te the Embrace proJecL Trar￿CtionS wlth r•Ltsd parties These. financial ststomp.nts were approved by Iha Board of Trustaes In January 2025 arKI wcrc Signed on its boha Nick D•vls Trustee pw8