## DWR ANAFON ## REPORT OF THE TRUSTEES ## FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## OBJECTIVES AND ACTIVITIES ## Objectives and aims To further such charitable purposes for the general parish of Abergwyngregyn, including the community to Crymlyn and the parish of Llanfairfechan as the trustees shall think fit and appropriate. To provide grants for the projects or activities that are of community benefit and meet certain criteria to fulfil the charity's objectives. In crisis situations to provide a small grant of up to £500 an individual or family. Public benefit The trustees confirm that they have had regard to the guidance issued to the Charity Commission on public benefit. ## ACHIEVEMENTS AND PERFORMANCE ## Charitable activities This report covers the year ended 31 March 2025, during which time Dwr Anafon continued to make grants available to the communities of Abergwyngregyn and Llanfairfechan, distributing £20,053 in grants during the period as detailed below. Donations of £180,000 and Investment Income of £18,346 were received in the year. Grant awards agreed in the period included £1,300 towards new sound equipment for Llanfairfechan Players; £1,074 to Hen Felin for new tables in the meeting room; £ 528 to Llanfairfechan Bowling Club for new equipment; £2,154 towards upgrading the Aber Defibrillator station; £559 towards `Winter Warmer' meals in Aber; £2,500 for Surf Life Saving equipment and £ 4,218 towards the first phase of the Aber playing field project. In March 2019 the project Energy Saving Aber was launched in Abergwyngregyn, with the aim of improving the energy efficiency of homes in the village. Energy Efficiency Improvement grants totalling £6,375 were made during the period. Three hardship grants, totalling £1,345 were agreed to be made to residents. Such crisis grants are restricted to people living in Abergwyngregyn. Overheads and running costs amounted to £1,438. ## FINANCIAL REVIEW Financial position Overall there was a surplus for the year of £176,855 compared with a surplus of £489,438 in the previous year, leaving total reserves at 31March 2025 of £858,093. ## Reserves policy The level of the reserves is reviewed by the board and that unless otherwise agreed the charity will, in line with good practice, maintain a reserve to cover a minimum of six months running costs. ## FUTURE PLANS The charity has the following commitments for the following year: Hen Felin for the Winter Warmers £611; Aber Playing Fields £ 81,200; Llanfairfechan Mental Health First Aid Project £3,000; Aber Snooker Club for table recovering and club expansion £3,200, plus a grant application from Llanfairfechan Town Hall much needed repairs of £12,000. Take up of the Energy Initiative is expected to remain positive. Ongoing annual running costs of the charity are expected to be in the region of £1,500 and include insurance, bank charges, website hosting, some sundry expenses, and accountancy/independent examination fees. ## STRUCTURE, GOVERNANCE AND MANAGEMENT ## Governing document Dwr Anafon is a Charitable Incorporated Organisation (CIO) Foundation model, where the members are the trustees and is governed in line with its constitution. Recruitment and appointment of new trustees An application to be a trustee is considered and voted on by existing trustees. There may be no more than 12 trustees at any one time. There must be at least one trustee from Abergwyngregyn and one from Llanfairfechan at any time. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1172866 Principal address Yr Hen Felin Abergwyngregyn Llanfairfechan LL33 0LP Trustees Dr C Bishop A B Nixon A A H A Maki ( Treasurer) J Hulme G I U Mair (Secretary) G Owen (Chair) J Jones N Rushbrooke W Griffith R Roberts E M Gatehouse Independent Examiner Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE ## STATEMENT OF TRUSTEES' RESPONSIBILITIES The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees on 19 May 2026 and signed on its behalf by: G Owen (Chair) - Trustee RF,GISTF.RED CEL4RITY NUMBER: 1172866 REPORT OF THE TRUSTEES AIYD UNAUDITED FLNANCLIL STATEMENTS FOR THE YEAR ENDED JI NLIRCII 2025 FOR DWR ANAFON Wiliiatns Dents>n Cyf Chartcr&l Certitied Accountants Glaslyn Ffordd y Parc Parc M¢nai Bangor Ciwedd 1.1.57 4FE DWR ANAFON CONTENTS OF THE FINANCIAL STATEMENrs FOR THE YLIR ENDED 31 MARCH 2112S Page Rtport of tht Trustees Indepenrfent E%aminer'5 Report Statement of Fin*na81 Actlvhlel B￿8￿¢¢ Sheet Notes to the Flthathdal Statemellts 7 to 11 Detailed St*temeDt olFiThallci81 A¢11￿￿¢$ 12 DWR AFIAFON REPORT OF THE TRUSTEES FOR THE ITAR ENDED 31 MARCH 2025 The trL￿e¢S present tbeir rry)ort with the fllwicial statements of the charity for ihe year ended 31 March 2025. 'The tn]st¢¢s have adopted the provisions of Accounling and Re￿Irting by Charities.. Ststement of Recornm¢nded Practice applicablc to ¢haritl¢S PTeparin8 their ac¢ount5 acLordanct with the Financial Reporting stslldard applic&ble in the UK and Republic of Ireland (FRS 102) {effectivc l January 20191. OBJECTIVES AND ACTIVITIES ObJ¢ctive5 and Aln To further such th2ritsble pUF￿)seS (or the general parish of Abcrgw>￿gTegYn. inclllding the cominunity io Crytnlyn and the p￿sh of Llanfairfechan as the trustees sh&ll think fil and appropriate. To provide granrs for the projects or actI￿ltieS that at¢ of community benefit and mect cerrain Griieria tu f￿rJI the uharily's objectives. In crisis situatio￿% to provide a small grant of up to £500 an irylividual tsr family. Public benefit Th¢ trustecs ¢onfim) that they have had regard tothe 8uidanc¢ 155ued to the Charity Comtllission on public benefit. ACHtETrEMENTS AIYD PERFoR￿41yCE Charitable Acdvities This report ¢ovtt5 the ycar ended 31 March 2025, during which time Dwr An3fon continued lo make gran15 available io the commut]iti¢s of Alww>wegyn and Llanfairfrfhw), dtstiibutin8 £20,053 in grants thITing the period ￿ detailed below. Donations of £180,(K)O atsd Inves¢ment Incorne of £1&346wue reC¢tV￿ in the year. Grant awards a￿e¢d in the wivd included Ll,300 towards. new sound equipment for Llanfairfnsidered as part of att independ¢ni examillation. I hav¢ no concems and have come a¢ross no other rnatters in conn¢ction with the examinatLOn to which attention Should be drnwn in ibis rcport in order to eTLable a ptop¢r understandllJ8 of th¢ accounts t() be reathed. Colin Bell FCCA The Associatioo of Chartered Certified Accountants Williams D¥nton Cyf CharteTed Certified Ac¢oulltants G18$1yn FfoTdd y Par¢ Parc Menai BaT)goT Gwrynedd LL57 4FE Date.. Page 4 DWR ANAFON sTATEl￿ENT OF FINANCIAL ACTIvfIIES FOR THE YEAR EP4DED 31 LWCH 21125 2025 Totgl funds 2024 Tolal funds UnT¢Stri¢wd funds Restricted funds Noies INCOME AND ENDOWMENTS FROM DondtiODS and legacies 180.00 180,00 532,754 Investment incimie 18J46 18J46 4.571 Ttbtal 198J46 198J46 537.325 EXPENDITURE ON Charitable aetfvitie5 Forthe general benefit of the parish of Abergwyngrwn, including thc cornmunity adjacent ro CryMIy￿ and the parish of LlaDfairf￿hall 21A91 21A91 47,887 NET INCOME 176055 176J55 489,438 RECONCILIATION OF FUNDS Total fijnds brought fonyard 681.238 681,238 191,800 TOTAI. bUNDS CARRIED FORWARD 85&093 8W093 681.238 The notes form part ofthe&e f]naDcial StatE￿entS Page 5 D￿R ANAFON BALANCE SHEET 31 MARCH 2025 21125 Totsl fund$ 2024 Total funds L,￿EStrI￿ted fi]nds Restricted fw)ds Notes CURRENT ASSETS Ca*h ai bank 859,053 859,053 681,238 CRED￿oRs nounts falling due within one y (9fAI) (960) NET CURRENT ASSETS 858,1193 85&093 681,238 TOTAL ASSETS LESS CURRENT LIABILITIES 093 858,1193 681,238 NET ASSETS 858,093 85&lJ93 681,238 FLry4DS U￿￿triCted funds (193 681,238 TOTAL FUNDS 8S¥,093 681,238 The financial staten￿ts We￿ appToved by the Board of TN$tees and authorised for ￿$Su¢ on 19 May 2026 and were signcd ot) its behalf by.. Cy Owen {Chair)- TnJst¢e A A H A Maki ( Tre&surcrl- T￿￿te¢ The note5 form part of thcsc financial staiem¢nts Page 6 DWR ANAFON NOTES'fo THE FIIYANCLIL STATEMENTS FOR THE YEAR ELYDED 31 MARCH 2025 ACCOU￿TING POLICIES Basis of preparing the IID*nei815tstements Thc fInat￿la1 statem¢nls of the Lharity, which is a piiblic benefit entity under FRS 102, have been prepared in accordance witb the Cknities SORTr {FRS 1021 'Ac¢ountiog and Retorting by Charities.. SialemeTrl of Rccomtnended Prxtice applicable to ch￿ilies prepaiiDg their accounts in accordance with th¢ Finanrial R¢porting Standard applic261¢ iTr the UK and Republic of Ireland IFRS 102) Icffectivc l January 20191,. Financial Re[￿l￿g Stajidard 102 The Financial Rewrting Standard applicable in the UK and R¢pyblic ol. Ireland. and the Charities Act 2011. The finanrsal stslem¢nis have been prepared under the hidorical c(x%t conventLOLI. The Trus￿$ consider it appropriate to prep￿e the flnancial statements on a going concern ba8l$. IDcome All income is recwised irt the Statem¢nt vf Financial Aciivities once the charity has entitlement fo the funds. it is probable that the ancorne ￿11 be received and the amount can be measured r¢liably. Expendi¢Mre Liabilities ar¢ re¢0￿75￿ as cxpenditure &$ soon as there is a legal or ¢onstiuctive obligaiion ¢omTnitting the Iwity to ¢hat cxpendlft￿t, it is probable that a transf¢r of eronomic benefits will be wuittd in settl¢ment bnd the amount of the obligation c8n be measured rcliably. Expendititre Is accouDt¢d for on an aCCn￿lS b8Si5 and has en classified under h¢adings thul aggregate all co%t related to thc calegot),. Where cosis G￿n0t be directly attributed to particular headings Ih¢y have been all￿￿ted to activitie* on a basts consistent with th¢ use of resourt¢s. Gtants otyered subjcct to conditions which have not been met itt the yw ¢nd date are noted &s a commitrtrnt bul iMFt accrued as expenditttrc. T4xatiott Tbe rharity is exempt from tsx on its charitsbl¢ activities. Fund 4ccouDtIDg Unrestricted funds can be used in a¢¢ordancc wih th¢ Charitable obje¢tlVe5 ai the distretion of the trnstees. Restri¢ted fi]nds e2n ot]ly be used for particular restrictcd pUry￿)s￿q within the obic¢t5 of the charity. Restrictio orise when specified by the (fonor or when lunds. are rais¢d forp3rticularrcsttictcd purrA)$es. Further ¢xplwnation of the nature and purtK*sc of ¢ath luDd 15 in¢luded in th¢ notes to the financial stalements when appropriate. INVESTMENT 1￿cOmE 21125 2024 Interest re¢¢ived 18J46 4.571 Page 7 ¢ontinued... DWR ANAF0Tr4 NOTES TO THE FINANCL4L STATEMENTS- ¢ootiThued FOR THE ITAREf4DED 31 MARCH 2025 CHARrfABLE ACTivrrIE8 COSTS Grant ndin8 of a¢tiTrities (see noie 41 Dircct Costs Support Tots15 Fortbe general benefit of the parish of Abergwyngregyts. including the Lommunity adja¥ent ro Cryrnlyn, artd the parish of Llanfairfe¢lwL 20,053 1,031 21,491 CRANTS PAYABLE 2025 2024 Forthe generdl benefit of the pari$h of Abergwyogregyn, including the com]nunity adjacentTO Crynlyn, and the p&rish of Llanfairf¢¢hart 20,053 47.343 A total of 9 grnnts. toralling £14.158 werc paid to Institutions in the year ended 3110312025 whith included £6,372 to AIKr8w)wgyn Reg¢nersttion Compally Limited. A total of 5 grants, ltstslling £5,895 wete pth to tndikiduals in the year cnded 3110312025. TRUSTEES, REhwf4ERATION BEDIEFATS There were no lrnsteeg r¢n)uneration or otber beJTrefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. TtW8tees' expenses There were no trustcos, exp¢rLses paid for th¢ year ended 31 March 2025 nor for th¢ year cnthd 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FI.NANCIAL ACTIVITtES Unrestn¢ted funds Restrid fitnd5 Total fvn(Is INCOME AYD ENtM)WMENTS FROM Donations and legacies 532.754 532,754 Investtn¢nt income 4.571 4,571 Total 537,325 537.325 EXPENDITURE ON Charitable Actilltles For the general bencfit of the parish of Abergwyngregyn. including the c4)mmunity adjacent to crymIy￿ aTHJ th¢ payish of Llanfairfech2n 47,887 47.887 NET INCOME 489,438 489,438 Page11 tontinued... DWR ANAFON NOI'ES TO THE FINANCIAL STATEMENTS- FOR THF. YEAR ENDED 31 MARCH 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcTI￿.[]Es- ¢onliNued Unrestricted Kestrirt fU[￿S Tothl funds RECONCILIATION OF FUNDS Tothl fund5 brought [orw￿l 191,800 191,800 TOTAL FUNDS CARRIED FORWARD 681.238 681,238 CREDITORS.. AMouf+rrs FAILINC DUE wrrHIN ONE YI.AR 2025 2024 Oth¢r creditOTS 960 MOVEMENT IN FUNDS Net movement in fvnd5 At 31.3.25 At 1.4.24 Unrestricted funds Gencral fvnd Abercapitsl Projects 125,010 556,228 183227 (6J721 311&237 549,856 681,23¥ A76,¥55 858.093 TOTAL FUNDS 681.238 176,855 85&093 Net movernenr iti fi]nth, indud¢d in the aFK>ve are follows.. Incoming resour¢L Resources txpended Movetn¢nt in funds UnTe5tritted funds GeDernJ fund Aber Capiral Projects 198J46 (15,119) 16J72) 183227 (6J721 198J46 (21.491) 176,85S TOTAL FUNDS 198J46 (21.491) 1711155 Pag¢ 9 continuEd... DWR ANAFON NOTES TO THE FINANCIAL STATEMF.NTS- eontillUEd FOR THE YEAR ENDED 31 MARCH 2112S MOVEMEiYV IN FUNDS- e(bDll4ued Compar#tlve5 for movemtnt Ill funds Net ovcment in ￿T￿lS At 31.3.24 At 1.4.23 Unrestricted funds Gcneral fund Aber Capital Projects 61,800 130,orMI 63,210 426,228 125,010 556,228 191,800 489,438 681,23¥ TOTAL FUNDS 191,800 489,438 681.238 Comparative net n￿v¢Ment in fjJnds, included in the above ar¢ as follows.. Incotning re$ouTCeS Resources expended Movement in fijnds Unrestrfcted fun Gencra] fund Abercapital Projects 94,570 442,755 131.360) (16,527} 63.210 426,228 537,325 {47.8871 489.438 TOTAL FUNDS 537,325 {47,887) 489.438 Aber Capitsj Projects De8l%ll4t¢d Fund Thc trnste¢s have deSigna￿d an ajnount frum donalions for the us¢ its providing grnnts for capital projects in the community 0*Aberg￿w￿. OTHER FINANCIAL COMMITMENTS The charity ha5 maile Commitments to make £88,011 of grdnrs to variou5 organisations after the year ended 31 Matrh 2025. Page 10 cotttAnued... DWR ANAFON NOTES TO TIIE FIJ¥ANCIAL STATEMENTS- eontitiued FOR THE YEAR ENDED 31 MARCH 21125 RELATED PARTY DISCLOSURES lllevitably some of the tThs¢es will be board members of oiber Organi￿lOn&, such as Ynni Anafon Encrgy Cyf. AbeTgw￿gregyn Regenerdtiom Company Limited and AbeEgwyn￿g>Th Ahrthou5es Charity which eith¢r make donations to this LhdTEty or who reecive donations frimi this charity. Where there ts a ¢4mflict of interest in any decisions r¢g8rding rclated parrie¥ thc relevanl trustee will disclose their interest alld will not be involved any decision made. Pagell DWR ANAFON DETAILED STATEMENT OF FINANCLIL AcfiviTIES FOR THE ITAR ENDED 31 LIL4RCH 2025 2025 2024 INCOME AND EP4DOWMENTS Donations and le8aties DonatioTL 180,1 532,754 Inv￿lMent income Inierest ￿ec1ved 18J46 4,571 Total ineomlng resources A98J46 537.325 F￿P￿NDrrUR￿ Charlt&ble activities lllsurdnce Sunthie5 Grants 10 insti￿110n3 Grants ￿ indiv1th￿]S 331 76 14,158 5,895 322 150 29,801 17,542 21I46(1 47,815 Support tolts Fln*nte BaDk charges 71 72 Covernance costs ludependent Examination fees Total rcsource5 expended 21A91 47,X87 Net incomt 176.855 489,438 This pagc does not fomi part of the statutory fillancial Statements Page 12 INDEPENDENf EXAMINER'S REPORT TO THE TRusfEF5 OF DIITI AYAFON Ind¢ptodent ex*mlDeP8 r4bOrt to tbt trutee5 of D¥vr AN•fon I rwrt lo the chAJIty tntst¢¢S QD rny ¢xamtDation of of Dwr Anafo4 (tk T￿￿1) for the y¢ar ¢nded 31 March 2025. Re5ponslbllldes •thd b*515 of report As thc charity trUs￿e5 of th¢ Trusi you are rt4M)nsibk for prqmrntiott of the wJnL8 ill aLYordaDce with the TequLreJiienL8of thc Clwitits Ad 201 I {￿KA£¢). l T¢W)rt in res￿1 of my exami￿10th of the TnLrfs {￿led (Mrt und¢r knion 145 of the Act and in carrying vut my examillthM I haye follow￿ all 4ry)lir&bl¢ Lh"rt£tiOELS by th¢ c1wi.ry Secu"oD 145(5Xbl of the Aet. lttdependent ex4mlAer'$ Stitemont I have corylcled my examinatioD. J confinn that ￿ m•ieFial matters hav¢ ¢omc lo my all￿[10Th tn ¢onnection with th¢ examination giving mc ca￿*t kn believ¢ that ID any maieti81 t¢spxt'. accounting r¢c¢)n15 weY¢ th kw in re¥ttt of the T￿￿￿5 rwuwrxl by Stttion 130 A¢L thc ￿¢0￿nts th) not xcord wilh ilM)s¢ l￿d&. or Ibe do not comply Ihe akylicable rtquiranerts corKernith8 th¢ fonn conithl of accounis sel out in the Cl]aTiiiex (Ac¢uunts al￿ RLyLKL%l Rt8ui4tion3 VXI8 (Aher thirh ￿Y rcquiremeni Ihi th¢ llccoun14 give a I hllvc no ¢on¢eftk8 and have come a¢r(w r¥) other nxtters ith r£mneab￿ with ts ¢xImin￿l0￿ to whhch 8tt¢ntion should bc drnwn in ¢his ryr¢ in oth to el￿ 8 ptrw u￿k￿￿1￿8 oftht be rexh¢d. Colin Il¢ll FCCA The AS￿1￿11￿) orchart￿￿ Certtfithl A¢¢ounthnts will￿ n¢nton Cyf Ch&rtcred CertifLe41 Acroun¢allts Glaslyn Ffordd y Parc P8rc Mrnai Bangor LL57 4FE ZOL