Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 Charity registration number: 1179205 **THE CARDIFF BLUES COMMUNITY FOUNDATION TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025** Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Contents** ||**Page**| |---|---| |Reference and Administrative Details|1| |Trustees' Report|2—6| |Independent Examiner's Report|7| |Statement of Financial Activities|8| |Comparative Statement of Financial Activities|9| |Statement of Financial Position|10| |Notes to the Financial Statements|11—16| |The following pages do not form part of the statutory accounts:|| |Detailed Statement of Financial Activities|17| Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Reference and Administrative Details For The Year Ended 30 June 2025** |**Trustees**|Mr Martyn Ryan| |---|---| ||Ms Kay Martin ­ Chair| ||Mr Tomos Shanklin| ||Dr Marlene Davies (appointed 17/10/2025)| ||Ms Ceri Maund (appointed 19/10/2025)| ||Mr Joseph Purcell (appointed 23/10/2025)| ||Mr James Scorey (appointed 24/10/2025)| |**Charity Number**|1179205| |**Principal Address**|Cardiff Arms Park| ||Westgate Street| ||Cardiff| ||CF10 1JA| |**Independent Examiner**|Michelle Perkins ACCA CGMA| Page 1 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Trustees' Report For The Year Ended 30 June 2025** The trustees present their report and the financial statements for the year ended 30 June 2025. ## **Objectives and Activities** ## **Aims and Objectives** The objects of the CIO are: For the benefit of the public in the geographical area of the Cardiff Blues rugby region. (A) Promotion of community participation in amateur sport. (B) Promotion of healthy recreation by the provision of facilities for sports recreation. (C) And/or leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship, or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. (D) Advancement of education of children and young people and in relation to sport and physical activities. The objectives and activities of the charity are to promote community participation throughout the Cardiff Blues region. Delivering inclusive, innovative, and sustainable programmes on sport related themes, health, mental health, social inclusion, and education. Using sport to deliver change in the community, harnessing social good, improving, and increasing opportunities and empowering people to make positive life choices, irrespective of race, gender, disability, belief, sexual orientation, age, or socio­economic background ## **Public Benefit** The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit and have had regard to it when reviewing the aims and objectives of the charity, and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the objectives set by the charity, specifically the promotion of community participation in healthy recreation by providing facilities for the playing of rugby and other sports. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. ## **Volunteers** Volunteers play a huge part in the charity; we recognise the value that volunteering has for any organisation and are proud to play our part in supporting volunteers. Last year the charity had 143 volunteers through our community coaching mentorship programme comprising of USW students and Secondary Schools pupils completing their Rugby leaders and Sports leadership awards. 19 volunteers have also volunteered within our Wheelchair rugby, visually impaired rugby, Fit & Fed, Alzheimer’s Café and general fundraising activity. These volunteers play a major role in ensuring we continue to increase engagement throughout our region, and we will continue to increase our numbers of volunteers going forward. ## **Achievements and Performance** ## **Main Achievements** This year has been one of significant growth, reach, and deepened community impact. We directly supported and engaged 91,743 individuals across diverse age groups, backgrounds, and circumstances. This expansion has been driven by a strategic increase in staffing capacity and a deliberate focus on delivering services aligned to identified community needs, ensuring support is accessible at the heart of local communities. Demand for our services has continued to rise, reflecting the ongoing impact of the cost­of­living crisis and widening levels of poverty. In this context, our work has remained critical. Through the power of sport and community engagement, we continue to provide essential support, drive positive change, and offer hope to thousands of individuals and families. ...CONTINUED Page 2 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Trustees' Report (continued) For The Year Ended 30 June 2025** ## **Main Achievements - continued** ## **Key Delivery Highlights** ## • **Expansion of Holiday Hunger Provision** In partnership with the Welsh Rugby Union (WRU), we have significantly expanded our holiday hunger programmes. We now also support local authorities in delivering Food & Fun and Fit & Fed initiatives, helping to address food insecurity and promote wellbeing during school holidays. ## • **Education and Employability Pathways** We have strengthened our education and employability programmes, supporting young people to re­engage with full­time education and develop clear, structured pathways towards future employment and personal development. ## • **Pilot Launch of Girls 1st Programme** This year saw the successful launch and pilot delivery of our Girls 1st initiative, designed to empower the next generation of women and girls. The programme focuses on building confidence, developing life skills, and equipping participants to challenge barriers and realise their full potential. We are confident in the positive and lasting impact of our work. Looking ahead, we remain committed to delivering and evolving innovative, inclusive programmes that enable all members of our community to engage, thrive, and achieve their potential. ## **Some of our key highlights throughout 2024/2025** : ## Health and Wellbeing Programme/Primary Engagement 64 primary schools Engaged with 5878 (2992 boys / 2886 girls) (51% male/ 49% female) 762 sessions delivered = 762 hours ## Secondary School Delivery 29 Secondary Schools Delivery across year 7­13 Engaged with 10259 (5768 boys/4491 girls) (56% male, 44% female) Over 1200 sessions delivered ## Leadership Programme Willows HS Delivered to pupils from Y8,9,10,11 80 pupils engaged 6 week programme, 3 groups ## Believe Programme Willows HS Delivered to pupils from Y8,9,10,11 63 pupils engaged 12 week programme, 3 groups ## Re­engage Programme ## Delivered across 5 schools Engaged with 77 students, most at risk of becoming NEET 10 week programme, 5 cohorts, 50 sessions ## Raising Aspirations Delivered across 5 schools Engaged 68 students 9 week programme, 5 cohorts, 45 sessions Celebration event, seeing schools attend Renishaw ...CONTINUED Page 3 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Trustees' Report (continued) For The Year Ended 30 June 2025** ## **Main Achievements - continued** ## Rugby Leaders 9 schools 130 new leaders trained (89 male, 41 female) All deployed within school events or further community ## Community Club Engagement 78 community clubs engaged Engagement through club visits, match day activation and individual club events support. ## Fit, Fed, Fun All camp locations are chosen through the Welsh Index of Multiple Deprivation and children are referred through various local authorities and programmes such as families 1st and flying start – this ensures that we are really making differences for children at real risk of Holiday Hunger. 30 camps run across the year – 2478 children received support 22 different locations used , in areas of Deprivation as per The Welsh Index of Multiple Deprivation (WIMD) ## Food and Fun Engaged with 11 different school during the summer holidays Attending 21 sessions, engaging with over 800 children ## Inclusive Rugby ## SEN delivery 6 week block delivered throughout the region leading to Six Nations event Engaged 11 schools directly with further schools being engaged through Hub officers All 11 schools attended the Disability Six Nations eventWheelchair Rugby Session delivery across 11 establishments ## VI Rugby Weekly sessions at CAP for team Attended festivals Walking Rugby Festival at CAP (132 attended from teams in Wales & Eng) ## InSport 3 events attended, delivering both wheelchair rugby and inclusive rugby ## ICC Weekly sessions at Rhondda Fach Supported sessions in Merthyr with Dowais Dragons ICC ...CONTINUED Page 4 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Trustees' Report (continued) For The Year Ended 30 June 2025** ## **Main Achievements - continued** ## Tag Festivals JD Tag Festival (1000+ attending) Cardiff Schools Tag Festival at CAP - Red Kites Tag Festival - Transition across to Red Kites Hub, girls never played before going across to hub Gwernyfed Transition Festival - Brecon transision festival - Crickhowell `Tag festival - Pen Y Dre Tag Festival – 13 female rugby leaders trained to deliver this event alongside our officers Willows Transition Festival – Pupils from out re­engage and believe programmes assisting Students from intervention programmes delivering at session Llantwit Major Tag Festival Pencoedtre Transition Festival Stanwell Tag Festival Rhondda Schools Festival ## Events Hospital Visits and Christmas Party – donations of presents to foodbanks Open Your Eyes careers workshops for primary schools - Girls U16s 10s event as part of Women's Rugby World Cup Engagement – First event of it’s kind Ramadan Rugby Sessions - Military Show Brecon (200) and Month of Military child delivery across South Powys Careers Days – attendance across multiple events throughout the region Royal Welsh 2024 Tafwyl - Eid Mellar Celebration – Despenser Gardens with Cllr Singh St Davids Day Community Event – Barry - Transport For Wales Partnership – delivering workshops in Caerau to upskill children around rail safety and minimise antisocial behaviour around the tracks Girls Skill Development Centres with WRU - Cardiff Cup – 31 teams in U15s, 31 teams in U14s, 33 teams in U13s, 33 teams in U12s Disability 6 Nations events – North and South Glastonbarry – over 3000 children taking part in activity Howdens Lions Celebration event at the Arms park Direct engagement with 91,743 with wider engagement at events estimated at over 500,000 people ## **Financial Review** ## **Financial Position** Total income for 2024/25 was £404,377 (2023/24: £360,349) and expenditure £403,672 (2023/24: £413,529). This shows a surplus of £705. Funds held of the charity for 2024/25 were £134,619 Restricted Funds £13,352 (2023/24: £26,705) Un­Restricted Funds £121,267 (2023/24: £107,209) ## **Reserves Policy** Free reserves held at the year­end were £121,267 (2023/24: £107,209) It is the policy of the charity that unrestricted funds which have not been designated for a specific use should aim to be maintained at a level equivalent to between three and six­month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. Page 5 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Trustees' Report (continued) For The Year Ended 30 June 2025** ## **Structure, Governance and Management** ## **Governing Document** The charity is a charitable incorporated organisation registered with the Charity Commission on 16th July 2018. The charity's governing document is a CIO Foundation Constitution. Day­to­day management of the organisation is delegated to the Foundation Director, who manages a team of staff, consultants, and volunteers. A community manager has been employed to oversee the operational management of staff day to day. ## **Trustee Selection Methods** Every appointed trustee must be appointed for a term of two years by a resolution passed at a properly convened meeting of the trustees. In selecting individuals for appointment as appointed trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The trustees' report was approved by the board of trustees and signed on its behalf by: Ms Kay Martin Trustee 14/04/2026 Page 6 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Independent Examiner's Report to the Trustees of The Cardiff Blues Community Foundation For The Year Ended 30 June 2025** I report to the trustees on my examination of the accounts of The Cardiff Blues Community Foundation (the Trust) for the year ended 30 June 2025. ## **Responsibilities and Basis of Report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner's Statement** Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Chartered Institute of Management Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Michelle Perkins ACCA CGMA 14/04/2026 Page 7 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Statement of Financial Activities For The Year Ended 30 June 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Charitable Activities
**EXPENDITURE ON:**
Raising funds
**5**
Charitable activities:
**5**
Charitable Activities
**NET INCOME/(EXPENDITURE)**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**17**|**Unrestricted**
**funds**
**£**
163,776
240,601|**Restricted**
**funds**
**£**
­
­|**2025**
**Total**
**funds**
**£**
163,776
240,601|**2024**
**Total**
**funds**
**£**
114,642
245,707| |---|---|---|---|---| ||404,377|­|404,377|360,349| ||(79,556)
(310,763)|­
(13,353)|(79,556)
(324,116)|(44,021)
(369,508)| ||(390,319)|(13,353)|(403,672)|(413,529)| ||14,058|(13,353)|705|(53,180)| ||14,058
107,209|(13,353)
26,705|705
133,914|(53,180)
187,094| ||121,267|13,352|134,619|133,914| The notes on pages 11 to 16 form part of these financial statements. Page 8 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Comparative Statement of Financial Activities For The Year Ended 30 June 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Charitable Activities
**EXPENDITURE ON:**
Raising funds
**5**
Charitable activities:
**5**
Charitable Activities
**NET EXPENDITURE**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**17**|**Unrestricted**
**funds**
**£**
114,642
240,707|**Restricted**
**funds**
**£**
­
5,000|**2024**
**Total**
**funds**
**£**
114,642
245,707| |---|---|---|---| ||355,349|5,000|360,349| ||(44,021)
(351,155)|­
(18,353)|(44,021)
(369,508)| ||(395,176)|(18,353)|(413,529)| ||(39,827)|(13,353)|(53,180)| ||(39,827)
147,036|(13,353)
40,058|(53,180)
187,094| ||107,209|26,705|133,914| The notes on pages 11 to 16 form part of these financial statements. Page 9 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Statement of Financial Position As At 30 June 2025** |**Notes**
**FIXED ASSETS**
Intangible Assets
**10**
Tangible Assets
**11**
**CURRENT ASSETS**
Debtors
**12**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**13**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**Creditors: Amounts Falling Due After More Than One**
**Year**
**14**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**17**|**Unrestricted**
**funds**
**£**
­
17,226|**Restricted**
**funds**
**£**
3,000
10,352|**2025**
**Total**
**funds**
**£**
3,000
27,578|**2024**
**Total**
**funds**
**£**
6,000
39,239| |---|---|---|---|---| ||17,226
94,909
50,675|13,352
­
­|30,578
94,909
50,675|45,239
74,692
101,007| ||145,584
(23,525)|­
­|145,584
(23,525)|175,699
(57,119)| ||122,059|­|122,059|118,580| ||139,285|13,352|152,637|163,819| ||(18,018)|­|(18,018)|(29,905)| ||121,267|13,352|134,619|133,914| ||||13,352
121,267|26,705
107,209| ||||134,619|133,914| On behalf of the board Ms Kay Martin Trustee 14/04/2026 The notes on pages 11 to 16 form part of these financial statements. Page 10 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Notes to the Financial Statements For The Year Ended 30 June 2025** ## 1. **General Information** The Cardiff Blues Community Foundation is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1179205. The principal address is Cardiff Arms Park , Westgate Street, Cardiff, CF10 1JA. ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. ## 2.2. **Incoming Resources** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Income from charitable activities is recognised in the period to which the service is provided. Income from fundraising is recognised when the event takes place. ## 2.3. **Resources Expended** Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: Costs of raising funds comprise the costs in relation to generating income such as fundraising activities. Expenditure on charitable activities includes all costs relating to the furtherance of the society’s objectives as stated in the trustees’ report. This also includes all costs relating to compliance with constitutional and statutory requirements. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. ## 2.4. **Intangible Fixed Assets and Amortisation - Other Intangible** Other intangible assets is a community foundation app. It is amortised to income and expenditure account over its estimated economic life of 5 years. ## 2.5. **Tangible Fixed Assets and Depreciation** Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 20% reducing balance Computer Equipment 20% reducing balance ## 2.6. **Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short­term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## 3. **Income from Donations and Legacies** Page 11 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Notes to the Financial Statements (continued) For The Year Ended 30 June 2025** |Donations and gifts
Member subscriptions and sponsorships
.
**Net Income/(Expenditure)**
he net income/(expenditure) is stated after charging/(crediting):
Bad debts
Depreciation of tangible fixed assets ­ owned
Amortisation of intangible fixed assets
.
**Analysis of Expenditure**
Raising funds
Charitable Activities
Raising funds
Charitable Activities|**Activities**
**undertaken**
**directly**
**£**
79,556
319,366|**2025**
**Unrestricted**
**funds**
**£**
158,776
5,000|**2024**
**Unrestricted**
**funds**
**£**
114,642
­| |---|---|---|---| |||163,776|114,642| |||**2025**
**£**
1,300
17,861
3,000|**2024**
**£**
­
17,757
3,000| |||**Support**
**costs**
(see note 6)
**£**
­
4,750|**2025**
**Total**
**£**
79,556
324,116| ||398,922|4,750|403,672| ||**Activities**
**undertaken**
**directly**
**£**
44,021
364,758|**Support**
**costs**
(see note 6)
**£**
­
4,750|**2024**
**Total**
**£**
44,021
369,508| ||408,779|4,750|413,529| ## 4. **Net Income/(Expenditure)** The net income/(expenditure) is stated after charging/(crediting): ## 5. **Analysis of Expenditure** Page 12 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Notes to the Financial Statements (continued) For The Year Ended 30 June 2025** |6.
**Support Costs**
Depreciation
Governance costs
Depreciation
Governance costs
7.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
8.
**Staff Costs**
Staff costs were as follows:
Wages and salaries|**2025**
**£**
1,750
**2025**
**£**
283,915|**2025**
**Charitable**
**Activities**
**£**
3,000
1,750| |---|---|---| |||4,750| |||**2024**
**Charitable**
**Activities**
**£**
3,000
1,750| |||4,750| |||**2024**
**£**
1,750| |||**2024**
**£**
299,694| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. ## 9. **Average Number of Employees** Average number of employees during the year was: 15 (2024: 15) ## 10. **Intangible Assets** |**Cost**
As at 1 July 2024
As at 30 June 2025
**Amortisation**
As at 1 July 2024
Provided during the period
As at 30 June 2025|**Other**
**£**
15,000| |---|---| ||15,000| ||9,000
3,000| ||12,000| ||...CONTINUED| Page 13 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Notes to the Financial Statements (continued) For The Year Ended 30 June 2025** ## **Net Book Value** As at 30 June 2025 3,000 As at 1 July 2024 6,000 |11.
**Tangible Assets**
**Cost**
As at 1 July 2024
Additions
As at 30 June 2025
**Depreciation**
As at 1 July 2024
Provided during the period
As at 30 June 2025
**Net Book Value**
As at 30 June 2025
As at 1 July 2024
12.
**Debtors**
**Due within one year**
Other debtors
**Due after more than one year**
Trade debtors
13.
**Creditors: Amounts Falling Due Within One Year**
Bank loans and overdrafts
Other creditors
Accruals and deferred income
14.
**Creditors: Amounts Falling Due After More Than One Year**
Bank loans|**Plant &**
**Machinery**
**£**
81,787
6,200|**Plant &**
**Machinery**
**£**
81,787
6,200|**Computer**
**Equipment**
**£**
5,604
­|**Total**
**£**
87,391
6,200| |---|---|---|---|---| ||87,987||5,604|93,591| ||44,231
16,460||3,921
1,401|48,152
17,861| ||60,691||5,322|66,013| ||27,296||282|27,578| ||37,556||1,683|39,239| ||||**2025**
**£**
45,400
49,509
94,909
**2025**
**£**
13,037
6,238
4,250
23,525
**2025**
**£**
18,018|**2024**
**£**
­
74,692| |||||74,692| |||||**2024**
**£**
13,279
40,590
3,250| |||||57,119| |||||**2024**
**£**
29,905| Page 14 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Notes to the Financial Statements (continued) For The Year Ended 30 June 2025** ## 15. **Loans** An analysis of the maturity of loans is given below: |Amounts falling due within one year or on demand:
Bank loans
Amounts falling due between one and five years:
Bank loans
16.
**Deferred Income**|**2025**
**£**
13,037
**2025**
**£**
18,018|**2024**
**£**
13,279| |---|---|---| |||**2024**
**£**
29,905| |||| Deferred income movements in the year were as follows: |Balance at the start of the period
Amounts released in income from previous periods
Balance at the end of the period|**2025**
**£**
1,500
­|**2024**
**£**
33,124
(31,624)| |---|---|---| ||1,500|1,500| ## 17. **Movement in Funds** |**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Restricted
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
Designated:
Unrestricted Designated
**Total unrestricted funds**|**As at 1 July**
**2024**
**£**
107,209
26,705|**Income**
**£**
404,377
­|**Expenditure**
**£**
(390,319)
(13,353)|**As at 30**
**June 2025**
**£**
121,267
13,352| |---|---|---|---|---| ||133,914|404,377|(403,672)|134,619| ||**As at 1 July**
**2023**
**£**
134,952
12,084|**Income**
**£**
355,349
­|**Expenditure**
**£**
(393,755)
(1,421)|**As at 30**
**June 2024**
**£**
96,546
10,663| ||147,036|355,349|(395,176)|107,209| |||||...CONTINUED| Page 15 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Notes to the Financial Statements (continued) For The Year Ended 30 June 2025** ## **Restricted funds** |**Restricted funds**||||| |---|---|---|---|---| |Restricted
**Total funds**|40,058|5,000|(18,353)|26,705| ||187,094|360,349|(413,529)|133,914| ## 18. **Transactions with Trustees** None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year. No trustee expenses have been incurred. ## 19. **Related Party Disclosures** During the year Cardiff Rugby Club Limited received income on behalf of the charity totalling £45,066 (2024:£37.791) and recharged expenditure to the charity totalling £305,362 (2024: £378.898). Details of the income and expenditure can be found in the financial statements. At the year end the charity owed Cardiff Rugby Club Limited £6,238 (2024: £40.590). The organisations are related due to common directors/trustees. Page 16 Docusign Envelope ID: 31163D06­7BE1­43E7­9C97­5A0310FF1004 ## **The Cardiff Blues Community Foundation Detailed Statement of Financial Activities For The Year Ended 30 June 2025** |**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
Sponsorships
**Charitable Activities:**
**Charitable Activities**
Community engagement programme
Education
Grants
**EXPENDITURE ON:**
**Raising funds**
Staging fundraising events
**Charitable Activities:**
**Charitable Activities**
Wages and salaries
Vehicle running costs
Computer software, IT consumables and maintenance
Insurance
Support and administration costs
Subscriptions
Bad debts written off
Depreciation
Bank charges
Bank loan interest
Amortisation
Independent examiner's fees
**NET INCOME/(EXPENDITURE)**|**2025**
**Total**
**funds**
**£**
158,776
5,000|**2024**
**Total**
**funds**
**£**
114,642
­| |---|---|---| ||163,776
228,737
6,864
5,000|114,642
220,878
19,829
5,000| ||240,601|245,707| ||404,377
(79,556)|360,349
(44,021)| ||(79,556)
(283,915)
(7,468)
(247)
(2,313)
(4,772)
(343)
(1,300)
(17,861)
(102)
(1,045)
(3,000)
(1,750)|(44,021)
(299,694)
(5,564)
(2,370)
(2,313)
(34,412)
(440)
­
(17,757)
(850)
(1,358)
(3,000)
(1,750)| ||(324,116)|(369,508)| ||(403,672)|(413,529)| ||705|(53,180)| Page 17