REGISTERED CHARITY NUMBER: 1173063 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 FOR THE DPJ FOUNDATION Bevan Buckfand LLP Chartered Accountants 45 High Street Haverforthvest Pembrokeshire SA612BP
THE DPJ FOUNDATION CONTENTS OF THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustsès 1 to 5 Independent Examlnorf$ Rèport Statsmonl of Flnan¢lal A¢tiviti•s Statement of Flnan¢ial Poslllon ststement of Cash Flows Notes to the Statemènt of Cash Flows 10 Notss to the Flnan¢lal Stat•mants 11 to 18 D6tall6d Statement of Flnan¢ial A¢llvltl•s 19 to 20
THE DPJ FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustses present their report with the financial statsments of the ¢h8rity for the year ended 31 March 2025. The tru$teg$ have adopted the provisions of Accounling and Reportlng by Charitss: Statement of Recommended Practi applicable to charities prep8ring their accounts in accordance wtth thé Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019). 08JECTIVES AND ACTIVITIES ObJe¢tlves and aim• The principal actsvitses of the charity are to provide support to thos8 in the rural communitie$ of Wales, esFecially men in agricultu and to rais6 awaren888 of ment81 health issues wth a wew to removing the stigma of mental health and encouraging those suffering with poor mental health to seek help. It does this through spreading awareness of M8ntsl Héalth. 8ducattng people through ntaI Health Awareness Training 1¢h provÉd&s a fitst aid for mental health aThJ providing emotional SUPFw)rt to those in the sector through the 'Sharè the Load, counselling referral service. As a result of anatysing the nature of calls through th8 Share the Load counselling $ervi¢e, St was clear that bereavement and grief are areas which impact the mental health of peop18 making contact with the service and so the Charity has undertaken work In this area to also raise awaronèss. Alongside this, eviden shows that poor physical haalth has an impact on mental health and thls Ss som8thing borne out by calls to the service as well as through the ChariV$ posfventi¢)n servic8. The Charity confims it has referred to the guidance contained in the Charities Commission for England and Wale$ general guidanc6 on public benefit when reviewing the Charitys alms and objéctlves in planning future activities. Voluntsern We are very fortunate to be supportèd by 88 volunteers including trustees, who promde significant benefit to the charity. ACHIEVEMENTS AND PERFORMANCE There are three main Strands to the Charity's services: - Support: Share the Load and Postvention - Ralglng Awar•netss through Tralnlng: Mental Health Awar8n8ss and Be8vement & Grief Awareness Training - Challenglng stIa.. Awareness Ralslng and Stigma Busting Share the Load Sharé the Load 1$ a 2417 Confidential call and text linè that is stsffed by trained volunteern. We have a tsam of 30 Share the Load voluntsets in total. although not all are Currently activety volunteering. It provides a listening se as well as operating as a coun$elling referral service. For the périod of the financial year (April to March) we supwrted 266 people with a$$ to fvlly funded counselling {50 of whom had previously accessed supportl. A further 209 people have been given acc8SS to counselling Sin April 2025. Additional counsellors Vre recruited from across Wal6s and counseiling was provided in a range of fomjats including ts¢e to face, by tslephone. onlin8 and by texL Face to face counselling included outread) Whe the ¢lient is met at their home or place of work. We dso deliv8red EMDR counselling to dients who Vre impa¢tsd by trauma, Particularty following bereavement by suicide. Services were provided to people within 20 of the 22 Welsh local authority areas. During this year, the charity furthèr dev8lop8d its posfvention servi, a proactive support s8Nlce offered to people who havè been affected by sui¢ide. This was tsken up by a numbér of individuals and families across the country and continues to develop in partnership with other agencies including the Powys Teathing Health Board. POnthafn. Enfys Alice parth8rs across North Wales and other third sector organisations. The Hywel Davi8s Lorry which is a mobil8 health hub based on a livestock lorry and whlch mad8 its first ouling on 13 December 2023. Th8 lory, which has a team of volunteers and a s8lf employed Registered Nurse who is a fomer volunteer attended markets, shows and other events to raise awareness of the DPJ Foundation arKI also to offer various health checks includlng blood préssure, blo¢)d sugar, blood oxygen and BMI. During the finan¢i81 year. the lory made 56 visits, seeing a total of 1,177 people, some a number of tlmes. A significant development during this financial year is Ihat we saw an increase in th& numbers of peopl& seeking mental health support (81 F•8 In thè final Ihree months of thé financial year compared to 23 in the same peric#l the previous year). This was the hope with this project and the statistics appear to support this aim of building trust so that peoplé will get help for their mentsl health. At th8 énd of thè financial year we explOd taking part in an SBRI funded project with Tend VR, a research projecting studying the use of virtual reality technology to deliver mindfulne&8 based ¢ognltSve therapy to people working in agriculture. This project is currenty ongoing. Page 1
THE DPJ FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026 Mental Health Awareness Tralnlng The DPJ Foundation's Mental Health Awane$S in Agriculture tralnlng has contlnuod to be delivered in person and virtually throughout this period. We have held online training in Mental Health Awareness in Agriculture free of charge every month with consistently good attendance. The sessions help attendees to leam how they can support others in their rural and agricultural communities by showing how to spot the signs of someone with poor mental health. provide meaningfjjl support, 2nd encourage them to access help. as V+EII as how to look after their own mental heallh. The sessions indude a section on suicide prevention as 8griwlture has high rates of suicide and offer ample opportunty for discussion and signpostin9. in English and in Welsh. Our Mental Health Awaren85s Training is our own bespoke training package which we deliver exdusively. Our regular training is designed to support anyone faming. their family. those living in the rural community. or those providing support or seNices to the fanning Mmmunity in Wales. During the Financial Year we received funding from Welsh Government to enable us to continue to offer the training free of charge and were also Commissioned to deliver bespoke Mental Health Awareness in AgricLtiture training to org8nisations such as fanm animal veterinary practices and livestock breeding organisations. Every attendee is inwted to access follow-up support through our Share The Load line, should they need a 'second opinion, whilst utilising their leaming. They also receive a follow-up email ¥th useful resources and signposting options. During the financial year of 2024-2025, The DPJ Foundation delivered 18 mentsl health awareness sessions to 265 indiwduals. Most of this training was undertaken by the Charity Manager alongside other work commitments, due to staffing changes and included a lecture for Aberyswl University nursing students. Our new Training Officer joined in March 2025 and since 1st April 2025, we have delivered 18 mental health awareness sessions, plus a lecture for Aberystsvyth University Student Nurses training a total of 278 individuals in total. During the full period of this reporL this included training under the FAWIFUW collaboration, training for foresters in collaboration with Confor and training for agricultural advisors. 3 volunteers assisted delivery at training sessions. A modular version of our Mental Health in Agriculture training has been d8%elop8d as 8 2-part session was piloted with volunteers in May 2025. Beroavement and Grief Awareness Training This training which we developed thanks to Welsh Government provides an overview of bereavement, grief and the impact that grief can have on emotion, behaviours and mental health. It hèlps improve bereavement 16teracy and suggests how to help someone practically and emotionally after a bereavement. We delivered Bereavement and Grief Awareness training session8 thanks to funding from the Welsh Government's B8reavèm8nt Support Fund. Th8r8 were 17 sessions delivered, training a total of 132 people. Since April 2025 under a new round of this funding, a fiJrth8r 9 sessions have taken place and 102 people have been trained. 3 volunteers have either delivered or co4elivered this training. Online training has proved more popular than fa¢&tO-face, but a number of fac8 to face sessions have tsken plac8. Sulcldo Bereavement Tr•lnlng During the Financial Year, our Charity Manager attended Train the Trainer training for new accredited training commissioned by the NHS Performance and Improvement team designed to equip people who en¢ountsr those bereaved or affected by suicide to respond in an appropriately compassionate and trauma-infomied way. This training wa5 not ready to be delivered until after 1 st April 2025. but since then, 5 sessions of Unit 1.. Understanding the Impad of Suifade or Suspected Suicide have beon delivered during 2025 to a totsl of 37 people. Other Trninlng Stre$$ and Burnout training was delivered during the financial year 2024125 and this ha5 been built upon and developed further since then. Two sessions were delivered of this training in Autumn 2025 to 58 people. Further training associated with menlal health will be developed during 2026 and we will also welcome an initial cohort of medical students on placement in early 2026 as part of their training as rural doctors. Awarenes$ Raising and Stlgma Bustlng Ea¢h of our activities feeds into this overarching theme of raising awareness of mental health issues and tackling the stigma that remains surrounding poor mental health. The Hywel Davies Lorry has been a positive addition to our offer in being able to reach more people and gettin9 around stigma. We have continued to expand our Regional Champion base and now have champions in most areas of Wales, although some key areas for groW(h, including South-East Wales and Ceredigion. remain challenging to develop a volunteer presence within. Our Règional Champions play a vital role in being the representatives of the charity in their areas and we Uld be unable to sustain the level of our awareness raising activities or fvndraising without thèir extremely valuable contributions. Through our staff and Regional Champions we wer8 able to attend shows arKI Community events during most weekends throughout the summer as well as more wdèly throughout the year. These provide a vital opportunty to reach members of our community Ihat we otheise may miss. We had 59 Regional Champions across the whole of Wales durlng ihe financial year, rlslng slnce to 64. Page 2
THE DPJ FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 During the financial year, wè atténded in excess of 167 8vents across Wa18S to raise awareness and a further 159 events since. This is through a mtxture of Regional Champion voluntsers and $t8ff. We have continued to create and Sha daily messages on social media and have increased our reach by startlng a new Linkedln account durlng thls year. Durlng the course of the financial year agaln increased our followers by over 2,200 followérs across the main platlorrns to 37,842,. 20,318 on Facebook. 3,571 on X. 7,290 on Instagram, 1.318 on Linkedln 4,204 on Snapchac 52 on Youtut* and 1.089 on TikTok Th8 policy of regular social media posts, inctuding 8wareness messaging, daity supportive prompts, Servi promotion, and Community stories has sustained hrgh engagement ratss (likès, shares, comments) on kèy platfoms relative to sector nChMarkS for other tharities and agri¢ulbJral organisations, showing that followers are actively interacting content and spreading key messa$ across their netrs. W8 delivered tslks mainly face to face bui wth some online to a variety of groups ranging frcyn young famiers and agriculiural college students to grassland group8 and agrbUSineSseS, to other third sector groups, netsrks and public sector who may be able to refer to us or add value to the charity's servicès. We delivered a session on the mentsl health needs of those within the agrFGultural sector for the Royal College of P$ychi8trists in Wales In Autumn 2025. 13 attended the online session, but the session recording has now been made available to all 600+ members across Wal8s. W8 visited a nUMr of schools and agricultural colleges across the country to speak about our work. m8ntsl wellbeing and to raise awaren888 of th6 SUPPOrt available, delivering in both English and Welsh. We attended shows, fresherfs fayres, fundraising events and supported events run by other charities in order to raise awareness. We ensured that our bereavement picturè books that were fvnded by the Welsh Government Bereavement Support Fund, The Dan Y Bont series, Vre delivered to every primary school across Wales. This was 422 Welsh medium and 807 ErKJlish medium sd)ools. totalling 1,229 schools have réceived the books, which means that just under 303,000 children have access to the books as well as sharing copies With other organi$ation$ 8TrJ individual$. We have also spoken at conferences and seminars for other organisations. We appeared acr0&8 various media channels including Th news and current affairs shows. radio in English and Wélsh and in the print and online media. This was through volunteers and stsff members and all contributed to raise awareness of the charity's work and challenge the stigma surrounding mantsl health in a9riculture. We scaled back our promotion of The "Wearfng Is Carlng" clothlng to allow staff to focus on other aspects of avKreness raising and the Etsy shop ha$ been ctosed. The dothing line has been created as a means of raising awareness of the DPJ Foundation in the community and réminding potential $8rvic8 users of our messaging and does not generate a profit once costs are considered. As such other ways of raising awareness continuad to be prioritised. FINANCIAL REVIEW Flnanclal Rovlow Totsl fvndiro received during the year was £268,171 (2024 £390.868) of which £16,70712024 £19.271) was restricted and resources expended during the year amounted to £327,95612024 £277,401) of which £55,245 was restricted {2024 £33,613) resulting in reserves of £791,448 (2024 £851.231) ofwhich £231.187 12024 £267.159} aré restrlcted. Prlncipal fundlng sources The charlty has received grant funding from the Welsh Govemment from their Bereavament Support Fund and during the year applied for and secured a new round of threé-yéar funding. Other grants werè from Community Foundation Wales, the Mary Homfrey Charitable Trust, the Simon Gibson . We are very grateful to each of these supporters. The charity has continued to benefit from significant $upport from indiiriduals and organlsations across Wales, through fundraislng activities that they have undertaken and donations. Stgnificant donations and fvnds raised induded £14,000 from the estate of thé Laté O M Williams. £10.560 from Cnèifio Cylch, ovér £8,300 from But8 En8rgy as a result of being their charity of the year, over £6,100 from Matthew Williams over £5,800 from Meirion Evans and his shearir¥J record, £5,760 from Landsker BUSI5$ Solutions through their thaiity of the year, over £4,600 from the Dolgellau BarmoLrth Tractor run, over £4,000 from Simon John's Kilimanjaro hike. over £4.000 from Archie's Tractor Run. We $h to acknowledge and thank all who have donated or fundraised for the charity. This communty fundraising has enabl thé foundation to develop its servicés and reach more Cle. The trustees are very gratefvl to all organisations and individuals for their generosity and supporL Rfrserve8 policy The Board of Trustees has set out the charity's reserves policy to allow the trustees to have strong financial controls over the organisatlon and meet Its lagal obligatlons. The current rese$ polS¢y remains to retain a contingency to Safeguard the Share the Load service for a year (to allow service users to continue their counselling). Page 3
THE DPJ FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is a Charitable In¢orporated Organlsatlon wlih a Constltutlon datsd 2nd May 2017 as its governing documént It is govemed by a Board of Trustees meet bi-monthty. The trustees are appointed to serve for a period of three ye8rs and are appointed on the basis of their skills, experience and knOwge. Trustees are able to serve for up to three consecutive tems (and must have an interval of at least one year before being reappointed). A scheme of delegation 1$ in place 8nd day-to4ay responsibility for the provision ofthe services rests with the Charity Manager. Names of Charlty Trnstoos who manapd th• Charity throvghout this finan¢ial yèar: Emma O'SullNan - Chair - Tom R8és - Maralene Griffiths - Emma Jamès - Gethin Bickerton - Iwan Melrlon Lloyd Wllllams - Natalie De Richard D'lvry - Robert Wnfor Thomas wresigned 15 April 2025 - Sheena Horner- appointed 14 July 2025 - Anna Sullivan - appointed 14 July 2025 - Gareth 0¥n - appointed 14 July 2025 New trust8ès havè Und8Jone an induction process and all trustees ate familiar with the work of the Charity. Name of Staff mamr$ in the charity throughout this finan¢481 year The trustses have delegaled day to day management and delivery of the ¢harltYs work to the staff team, led ty the Charity Manager. During this year thèrè wère a numb8r of changés within the staff team. albeit remaining as volunteers or supporters of the charity. These roles were revised, with the Training Manager role replaced wth a Training Officer and the Marketing function outsourced. - Kate Miles- Charity Manager - Elizabeth Gibbon- Team C¢X)rdinator (Part Time) Elen Lev+4S- Training Manager left 11 November 2024 - Mali Thomas - Marketing and Engagement Assistsnt left 18 February 2025 Flona Evans - Volunteer and Events Coordinator resigned and leamng 5 March 2026 - Nia Bowen - Training offir- Appointed 10 March 2025 - Anni8 James - Projects Worker- Appointéd 1 Décembèr 2025 The DPJ Foundation also works with a sessional administrator, Kathryn Lee. who offers her services on a seffwemployed basis to adminsstsr the Share the Load service and to provide some financial administration. We work with a paid Registered Nurse, Emma Morgans who provldes her serylcés as a self-8mploy8d NU on the Davies Lorry as well as contracting around 90 profèssional counsellors across Wales who deliver counselling Servi on behalf of the DPJ Foundation. Following the resignation of the M8rketing and Engagement Assistant, the decision was taken to engage the services of a social media freelancer Leah Meirion Davies who began working With us fr¢)m 1 May 2025. Rl$k management The Board of Trustees has condu¢ted a VIeW of the m8jor risks to which the charity is exposed. A risk register is in pla¢e with review of risks Ihroughout the year. Where approprlate, systsms or PredUreS have been established to mitigat6 th8 risks thé d)arity facès. Proc8dur8s are in place to ensur8 compliance th the health and safety of stsff, volunteers, clients and visitors and safeguarding of individual$ and infom)ation. There are a range of procedures which the charity implements to mitigate potential risks. REFERENCE AND ADMINISTRATIVE DETAILS Reglstsred Charity numbèr 1173063 Prln¢lpal addres$ Units 2 & 3. Rural Business Dev. Centre Carmarthen Livestock Market Uysonnèn Road CaTharthen Cannarthenshire SA33 5DR Page 4
THE DPJ FOUNDATION REPORT OF THE TrUSTEES FOR THEYEAR ENDED 31 MARCH 21J25 E R JameB E O'sullvan G Blckerton M Grfffllhs R G Thomas l M L Williams T Rees N l¥ry Indynd•nt Ex•mln•r Bevan Buckland LLP Chartered ACCntants 45 Hlgh Str•8t PnbrOkeShIre SA612BP Approvad by or(kr of lh8 board Of1nte8$ on _?. 9 January. 2026 .. and slgn8d on Its bthll ty. E O'Suliv8n-
DEPENDEpif EXAMINER% REPORT TO THE TRLI8TEE8 OF THE DPJ FOUNDATION Ind•p•nd•nl •xamlnots rnport to th• tNstw ofTh• DPJ Foundatlon l ffjp¢)rt to the charity tru•tee8 on my examinallon of tho accounts of The DPJ Foundatlon Oh8 Tw8t) for tho yw ended 31 March 2025. ResponslbllMe8 and basls of report As th8 charity trleaS of th8 Trust you aro rosporE5itlo for the preparation ol th8 alxowts in 8ccori18nce with the requlreThwts ofthe Ctharities k 2011 Art). I report in respect d my examln8tlDn of tho Trusfs account& Caled out under Saction 145 of thè knt and in (aryry out my examina11 I have follovAd all appfic48 Direclion5 gyrfen by the Charity &>mrnisslon under Secuon 145(5)(b> of IrKl•p•nd•nt •xamlnerfs slatement Slicè your d)ariVs gross In(>)nw oxGeeded £250.(KJO y(Kw examlner must b8 a mamber of 8 listad bjdy. I cen confinn I l am walified to dertake thg examlnation berAuge l om a member cl the Instiluta of ChArt8rnd Atwuntsnts in England and Wale8. which is one of the listed bodie& I have Mpleted my eyAmlnallon. l nfim7 thal no nthi•l rrwttors huvg c¥Jmv to my attBntvJn in connoGlion rylh tho oxaminallcm givlng mo ¢auso to Wl•vo that In any mtsial le¥¢t accauntlng records w•re not kept In re8P¢Ct of the TN¥t 89 roqulrod by Socthin 130 of the Art or the do not aoxd ttrKO racord" or the accounts do not cwnpty 4th the oppllcable requlrements concamlng Ihe form and nIent of accounis set out In the Charllles (Accounts and R•ports) R8gulatkns 2008 olher than any r8qulrement that Iho accounts a tnte and lair view thieh is not o matter consideTrd as pert ol an indep8nd8nt oyAminalion. I have no concems and hava comè acr09s no other Matte in connection wilh the examination io %thith atttt10n should bo tha in this in ordar to •nJl• a twr Unders1dIre ofihe accounts to be reEched. Ajun Evans FCA Bovan B18nd LLP Chartered A¢(tsJnt8nts 45 Flgh Street SA612BP Page 6
THE DPJ F(XINDATION STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR EtrED 31 MARCH 2025 2tr25 Tot81 lunds Unrestiicted funds Restricted funds INCOME AND ENDOWMENTS FROM t)onalions and 19gacles 223.511 223.511 344.167 Charftabl• a¢ti¥lti Montal he81th awarèn058 28.790 16.707 43.497 rJ.188 other tradlng 1.163 1,163 23.475 T¢)tal 251.464 16,707 288,171 390.828 EXPENDrruRE C*4 Ral8lng fvnd8 1,033 1.033 6,936 Charltablè aclMth$ Mentsl heallh awa(enes5 271.678 55.245 326,923 271.465 272.711 55.24S 327,956 2TI.401 NEf INCOMEI{EXPENDrruRE) (21.247) {38.538) (59.785} 113.427 RECONCILIATION OF FUND8 Total funds brwght forward 581.506 269,725 851231 737.804 TOTAL FUNDS CARRIED FORWARD 560259 231.187 791.446 851,231 Tho notes form pArt of ttwg fiwnclal ststsmonts Paga 7
THE DPJ FOUMDATI)N srATEMEKf OF FINANCIAL POSITION 31 MARCH 2025 202S Total fund5 2024 Total fijnds as restabj Unreslrlcled Restricied funds FIXED ASSETS Tanglbla assets 13 11.452 .897 72.149 85,727 CURRENT AS8Ef8 Stocks Debtors Cash at bank 14 15 10.822 £519 541853 10.822 2.519 713,343 14.616 4,447 T49.7 170,490 556.194 170A90 726,684 769.030 Amounts faling duo 7*ilhin ono y 16 (7.387) (7,387) {3,528) NET CURRENT ASSETS 548.807 170.490 719.297 76&504 TOTAL ASSEf8 LESS CURRENT UABILITIES 560259 231.187 791.446 851231 NEf ASSErs 560259 231.187 791.446 851.231 FUND5 Unrtttrfclad fundg Rostrfcted fund4 18 $60259 231.187 581.S06 269.725 T¢yfAL FUNDS 791 A46 851.231 Thè fkn8rt191 8ts1•ments approved by the Board of Tru8taO8 and othorised lor Iswe on ..29..JAtiuaxy..2Qla............. aNJ were signed on its behall ty. E fywlivan. Tnth The notes lo pért ofthese finandal ststem8nts PBg8 8
THE DPJ FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 as restated Notes Cash flows from operatlng actlvltles Cash generated from operatlDns {36,624) 117,139 Net cash (used inllprovided by operating activitiés {36,624) 117,139 Cash IIow8 from Investlng activltios Purchase of tangible fixed assets (84.728) Net Cash prowded byl(u$ed inl investing actlvities 184.728) Chango in Cash and ¢a•h equlvalents In the reportlng p8rlod Cash and cash equlvalents at tho boglnnlng of the r¢portlng perlod {36,624) 32.411 749.967 717,556 Cash and cash equiv4lents at the end of the portIng poriod 713,343 749,987 Th8 notes form part of these financial statements Page 9
THE DPJ FOUNDATION NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF NET (EXPENDrruREVINCOME TO NET CASH FLOW FROM OPERATING AcnvrriES 2025 2024 as restated Ngt lexpenditureyincome for the reporting perlod las per tho statoment of Flnancial Activitios> Adjustments for: Dèpreciation tharges Decreasel{in¢rea$e) in Stocks Dècreasel(Increase) in debtors In¢reasel(d8creasè) In creditors (59,785) 113.427 13,578 3.794 1,928 3,861 16.233 (6,914) (2.631) (2.976) Not Cash {ud Inyprovlded by op&ratlon8 {36,624) 117,139 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash lkny At 31.3.25 Ngt cash Cash at b8nk 749,967 136.624) 713.343 749,967 {36,624) 713,343 Total 749.967 {36.624) 713,343 The notss form part of these financial statements Page 10
THE DPJ FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Bas18 of pmparlng the flnan¢lal statsments The financial statements of the charity, which is a public benefft entity under FRS 102. have been prepared In accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statsment of Recommended Practice applicable to charittes preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial ststements have been prepared under the historical cost convention. Incomo Inme is recognised when the Charity has entitlement to the funds, any perfomian¢e nditiOnS attached to the item{s) of income have been met, it is probable that the incorne will be received and the amount can be measurgj reliably. Where income has related expendiiure, the income and related expenditure are reported gross in the Statement of Financial Activities. Donations and grants are recognised then receivable. In the event that a donation is subjert to fulfilling performance conditions before the Charity is entitled to the funds, the income is deferred and r•)t recognised until i t is probable that the that those conditions will be fijlfilled in the reporting period. Interest on deposits held is included when receivable and the amount can be measured reliably by the Charity which is nomially upon notification of the inler&st paid or by the bank Rec8ipt of alegacy, in whole or in part is only considered probable wh8n the amount can be measured reliabty and the Charity h88 been notified of the executors intsnlion to make a distribution. Exponditurn All expendilure is accounted for on an accruals basis and has been dassified under headings that aggregats all costs related to the ¢atsgory. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent vAth th& use of the resources. Support $ts are made up of administration and management and financ8 costs. Tangiblè fixed as8et8 Depreciation is provided at the following annual rates in order to write off e8ch 88set over its estimated useful life. Plant and machinery Computer equipment 15trk reducing balan 25¥0 Straight line Stocks Stocks are valued at the lower of Cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation The company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finan t 2010 and therefore meets the definition of a charitable company for UK corporation lax purposes. Fund a¢¢ounting Unrestricted funds are incoming resources receivable or generated for the objects of the charity thout further specified purpose and are available as general funds. Restricted fvnds can only be used for particular restricted purposes within the objeds of the charity. Restrictior arise when specified by the donor or when funds are raised for particular restricted purposes. Expenditure which meets these criteria is charged to the fund. together with a fair allorAtion of management and support costs. Designated funds are funds eamarked by thè trust88s for a particular purposes. They are not restricted and make up the unrestricted reserves. Further explanation of the nature and purpose of each lund Is included In the notes lo the Iln8nci81 statsments. Penslon costs and other po8t-retlrement benellis The charity operates a defined contribution pension scheme. Contributions payable to the ¢harty$ pension scheme are charged to the Stalement of Financigl Aclivities in the period to which they relate. Pa98 11 continued...
THE DPJ FOUNDATION NOTES TO THE FINANCIAL STATEMENTS. continu•d FOR THE YEAR ENDED 31 MARCH 2026 AccouiifiNG POLICIES - contlnued Volunleers The value of setmces provided by volunteers is not incorporated into these flnanclal statements. Further detail of their contribution is provided in the Trustees report. DebtOTS Trade arKI other debtors are re¢tyJnised at the settlement amount due. Prepayments are valued at the amount prepaid net of any discounts due. ACCAl income is included at best estimate of the amounts receivable 8t the balance sheet date. Cash and cash equivalents Cash and cash equivalents comprise cash in hand and demand dewsils that are readily convertible to a knijwn amount of cash and are subject to an insignificant risk to char¥Jes in value. Croditor¥ Creditors are recogni$ed whore Ihe Charity has a present obligation resulting from a past event that wll probably result in the transfer of funds to a third party and the amount due to settle the obligation can be m&asured or estimatsd reliably. Creditors are nomally recognised at their settlement amount after allowing for any trad8 discounts due. Financial instruments The Charity only has financial 8s88ts and financial liabilities of a kind that quglify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Going eoncwn The trustees have consldered th8 financlal performance of Ihe Charity for the foreseeable future, in particular, the next 12 to 18 months and are confident that the Charity is a going conc8rn. Op•ratlng loaso8 Operating leases are recognised over the p8ri0d of which the lease falls due. Benefits received and receivable are recognised on a straight line basis over the period of the lease. DONATIONS AND LEGACIES 2025 2024 a$ restated Donatrons received Legacy income 209,511 14,000 304,167 40.000 223,511 344.167 OTHER TRADING ACTivrriES 2025 2024 as restated Merchandise Fundraising Training income Miscellaneous income 545 1,187 15.238 6,965 618 1,183 23,475 P4e 12 continu6d...
THE DPJ FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnued FOR THE YEAR ENDECI 31 MARCH 2025 INCOME FROM CHARITABLE ACTIVITIES 2025 2024 as restated Actiwty Mental health awareness Grants 43,497 23,186 RAISINO FUNDS Ralslng donations and lega¢l•8 2025 2024 as restated Winter ball fundraiser Merchandise for resale General fundraising eJpens88 3.982 1,294 660 73 960 1.033 5.936 CHARITABLE ACTIVITIES COSTS Support costs (see nots 7) Direct Costs Totals Mèntal he81th awaren8SS 324,177 2,746 326.923 SUPPORT COSTS Managent Finance Totsls Mental health awareness 2,742 2,746 TRLISTEES, REMUNERATION AND BENEFITS There weTr no trustee5' remuneration or ¢)ther benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Tru8ts0s' oxponsès There Vre no trustse$' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS 2025 2024 as reststed Wages and salaries Social security costs Other pension costs 100,304 3.194 2,872 91.486 3.070 4,C66 106,370 98,622 The average monthly number of employees during the year was as follows: 2025 2024 as restated Charity Manager Training Manager Marketing. Engagement & Admin. Assistant T8am Cowordinator Page 13 continued...
THE DPJ FOUNDATION NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 MARCH 2025 STAFF COSTS - ¢onllnu•d No employees received emoluments In Ox¢$ of £60,000. The total key management pérsonnel r8muneralion benefits during the year were £32,336 (2024 £31.218). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES UnStriCted nds 10. R8Stricled funds Total funds as restated INCOME AND ENDOWMENTS FROM Donations and legacies 344.167 344.167 Charltable activiti88 Mentsl health awarene55 4.000 19.186 23.186 other trading activities 23.390 85 23.475 Total 371.557 19.271 390.828 EXPENDITURE ON Raising funds 5,936 5.936 Charitablo adlvltl•$ Mental health aWanesS 237.852 33,613 271,465 Total 243,788 33,613 277.401 NET INCOMEI(EXPENDITURE) 127,769 114,342) 113,427 RECONCILIATION OF FUNDS Totsl funds brought forward 453,737 284.067 737.804 TOTAL FUNDS CARRIED FORWARD 581,506 269.725 851,231 11. PRIOR YEAR ADJUSTMENT Grant recelved Sn the year ended 31 March 2024 totalling £2,566 was in¢luded in counselling income in error. Thls grant was restricted in nature and the prior period adjustment reflects the restatement of grant income and counselling incom8 by this amount. The restrictsd reseNes have $0 increased by this amount to reflect the change in aoUntIng treatment and the general reserves have reduced by this amount accordingly. 12. NET INCOMEIIEXPENDITUREI 2025 2024 Independent examiners remuneration (inc VAT) Other services- payroll bureau Ilncluding VArJ Depreciation of owned assets 2,135 802 13,578 2.034 802 18,233 Page 14 continued...
THE DPJ FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - conllnued FOR THE YEAR ENDED 31 MARCH 2025 13. TANGIBLE FIXED ASSETS Plant and machinéry Comput@r equipment TotsEs COST At 1 N)ril 2024 and 31 March 2025 101.062 5,869 106.931 DEPRECIATION At 1 April 2024 Charge for year 17,386 12,552 3.818 1,026 21,204 13.578 At 31 March 2025 29,938 4,844 34.782 NET BOOK VALUE At 31 March 2025 71,124 1,025 72.149 At 31 March 2024 83,876 2,051 85,727 14. STOCKS 2025 2024 as restated Stocks 10.822 14,616 16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 as restatèd Accounts receivable Prepayments 2,047 472 4,113 334 2,519 4,447 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 as restated 0th6r creditors 7,387 3,526 17. LEASING AGREEMENTS Minimum lease payments under nOnncelIable operating leases fall duè as followb.. 2025 2024 as reststed Within one year Beeen onè and fve years 7.515 3,757 9,100 11.272 13,066 Page 15 ojntlnuéd...
THE DPJ FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - Contlnuod FOR THE YEAR ENDED 31 MARCH 2025 18. MOVEMENT IN FUNDS Net movément in funds At 31.3.25 At 1.4.24 Unrnslrictsd funds General fund Designated 514,006 67.500 121,247) 492,759 67.500 581,506 121,247) 560.259 Rèstrletad funds Rural+ project Hywel Davies Residu8ry Trust Powys Teaching Health Board 2,543 264,616 2,566 2,543 227,277 1,367 137,339) 11,199) 289,725 138,538> 231,187 TOTAL FUNDS 851,231 159,7851 791.446 Net movement in funds, includ8d in the above are as follows: Incoming resources Resourc85 expended Movement in funds Unrostrl¢t8d fund$ General fund 251.464 <272,711) (21,2471 RtrIcted funds Welsh Governmenl Bereavement Fund Hywel Davies Residuary Trust Chrlstlan Centre for Rural W8188 Powys Teaching Health Board Welsh Govemmenl Training grant 15,407 115,407) 137,339) (500> {1,199) (800) (37,3391 500 {1.199) 800 16.707 155,245) {38,5381 TOTAL FUNDS 268,171 {327,956) {59,7851 Comparallvos for movement in funds Net m0ment in fvnds Transfers beMEen fvnds At 31.3.24 At 1.4.23 Unre8trlcted funds General fund Designated 395,537 58,200 127,769 {9,300) 9,300 514,C()6 67,500 453,737 127,769 581,506 Restrlcted fund$ Rural+ proje¢t Cyngor Cymuned Glanfvrymyn Hwl Davies Rèsiduary TNSt Powys Teaching Health Board 2,458 200 281,409 85 (2001 <16,7931 2.566 2,543 264.616 2,566 284,067 (14.3421 269,725 TOTAL FUNDS 737.804 113,427 851.231 Page 16 continued...
THE DPJ FOUNDATION NOTES TO THE FINANCIAL STATEMETrifs - ¢ontlnu•d FOR THE YEAR ENDED 31 MARCH 2025 18. MOVEMENT IN FUNDS . ¢onllnued Comparative net movamént in funds, induded in the above arè as foll¢YWS: Incoming resources R880urces expended Movement in funds UnMstrfel•d funds General fvnd 371,557 {243,788) 127,789 Restrlctsd funds Rural+ project Cyngor Cymuned GlanWmyn Welsh Government Bereavement Fund HyNel Davies Residuary Trust Powys Teaching Health Board 85 85 (200) 1200) 116,6201 116.793) 16,620 {16.7931 2,566 19.271 {33,613) {14,342) TOTAL FUNDS 390,828 1277,401) 113.427 Purposo of restrictsd funds Hywel Davles Ro8lduary Trust This charitable trust was Set up for the ben8fit of tharitys operatirvJ wholly or parUy for th8 b6nefit of those affected by mental health issues in Pembrokeshire. grant awarded to the DPJ Foundation in 2023124 was for th8 Hywel Dawe8 Lory Project which is a dedicatsd spac8 for the rural communty of South West Wal8s and it provides a safe hav8n for farmers to share their gtrugglos and receiv8 supporL Wolsh Gov•mm¢nt Bereavement Fund This grant has been awarded to fund counselling for bereavement (including volunteer training and support Costs, running ¢o$ts and deliverfng a h8lplinèl and to develop and deliver training around bereavement 8$ well as create childr8n's picture books. Rur•l+ProJKt This fund is a joint project wth FCN and NFYFC and was awarded to develop and dèllver training suitsble for young farnrS clubs and 8gri¢ultural colleges around mental wellbeing. Doslgnatod funds 2025 2024 Share the Load semce reserve Staff redundancy reseNe 52,500 15.000 52,500 15,000 67,500 67.500 Purpose of delgn•ted fund8 Share the Load servl¢o r888r40 This fund is to allow the charity to operat& th@ Shar8 the Load helF4ine for 1 year $0 that those uslng tho charitys counselling and support services would not be Bdversety affected should ¢harit8ble funding c8a5e. Stsff redundan¢y re•erv¢ Thls reser has b88n establlshed to meet the charivs legal ctligations towards Staff should it cease to operate. Page 17 continued...
THE DPJ FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 19. RELATED PARTY DISCLOSURES There 7Aer8 no related party transactions for the year ended 31 Marth 2025. Page 18
THE DPJ FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTNITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 as restated INCOME AND ENDOWMENTS Donatlons and1ogacie• Donations received Leggcy income 209,511 14,000 304.167 40,000 223,511 344,167 Other tradlng aetlvltles Merchandise Fundraising Training income Mi5cell8neous income 545 1,187 15.238 6,965 85 618 1,163 23,475 Chaiitable activlties Grants 43,497 23,186 Total Incoming resources 268,171 390,828 EXPENDITURE Ral$lng donatlons and lega¢ies Winter ball fundrals8r Merchandise for resale Géneral fundraising expenses 3,982 1,294 73 960 1.033 5,936 Charltable a¢tlvitiès Wages and salaries Social security costs Employers pension contributions Insurance Telephone Postage & sU1ry Offi costs Advertising and promotions Stsff training and lfare CounselliTr3 Volunteering costs Administrator fees Event Costs Premises rent and room hire Repairs and renewals Subscriptions Translation ¢osts Staff travel expenses Bereavement publications H Davies truck running Costs PoslNention project Depreciation of tangible fixed assets 100,304 3,194 2,872 1.244 3,610 7,683 15,841 2.258 117,558 2,703 8,836 91,486 3,070 4,066 1,184 2,409 3,832 11.119 1.557 95.523 1.133 8,700 2.484 3,967 80 1,532 g76 8,143 9,391 4,104 4.355 576 9,093 2.742 26,531 1,199 13.578 16,233 324.177 268,989 Support costs Management Profèssional faes 2,742 This page does not form part of the statutory financial stat8m8nts Page 19
THE DPJ FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 as restated Management Finance Stripe and PayPal charges 76 Tot81 resources expended 327.956 277.401 Net (expgnditure)fincome 159,785) 113.427 This page d(S not form part of the ststLFtory financ4al statements Page 20
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