Y CWMNI SIARAD I THE TALKING COMPANY RECEIPTS & PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Charfty Number 1182049 Trustees. Annual Report for the period Pw¥yJ start date erKI Oate From 2024 To31 a¥ch 2ir25 Section A Reference and administration details Charity name Y Cwmni Siarad l The Talking Company Other names charlty Is known by Reglsterèd charity number (if any) 1182049 Charlty's Pfinclpal address 31 The Pwade. Roath. Cardiff CF24 3AD Names of the ¢harfty tru$tO0s who manage the charity Dat•s act•d 11 not lof Tru•t•• n•m• Offlc•111 *ny) N•m* ot p•rsort lor bodyl •ntitF•d Qlnt twst•o Janel Dewes Lee Parfitt Claire Charlton PrevKJUS Chair Resigned 26107r2024 Currenl Chair Tr&asurer Emma George Michelle Hurl8y-Tyre8 Wdliam Giles Appoinled 2610112024 R8swed 2710712024 Resigned 1410212025 Resi9ned 1110412025 Courtney Vircavs MiGhde Ryan Namos of the Iru$tee$ for the charlty, If any. (for example, any custodlan trusl888) Name Dates acted rf not for whol• •ar Names and addresses ot advlsers (Oplk)nal Infornwtlon) of adviser Narn• Address Nam8 of chief executlve or namgs ol senloT Staff members (Optlonal Inforniatlon Gall Duffy Y CWMNI SIARAD I TKE TALKING COMPANY TRUSTEES ANNUAL REPORT Year Ended 31 March 2025 Section B Structure. overnance and mana ement D•scription of th• ¢harity's tnASts Constitution Type of governing docjjment How the charity Is constttuted Charitable tr￿porate Organisatx)n Trustee selectson rnethods Trust88s are apw'nied by the exth)g truste8s foknving an application and inteNiew process. Addltlonal 8ovornancé i88uos (Optional inforrnatlon) You may choose to include additional information, where relevallt, aboul.. policies and procedures adopted for the inductlon and Iraining of trustegs: the charlty's organisalit)nal structure and any wder nefvlork V￿th which tho charty works., • relationship with any related parties, trustees, conslderation ol major risks and the system and procedures lo manage them. Y CWMNI SIARAD I THE TALKING COMPANY TRUSTEES ANNUAL REPORT Year Ended 31 March 2025 Section C Ob'ectives and activities 1. The prevention or relief (rf rnental distress for the public benefit of people livKu n Wales in particular bul not exduwvely by the provision of evNJence based, accessible psychol(KJical Iherapies, counseming and surwrt Se￿￿eS. Summary of the oblects of the charlty set out In Its gov•rning document 2. Th8 prcXnc4￿ (rf Krial ir￿l￿S1on amon9 people living in Wales ¥yhJ experTren￿ mental distress by preventing Ihern from becomirwj scKially exduded and assistsng them to integrate into swiety in particular but r￿1 exclusively by involvKvJ socially excluded groups in evaluatin9 and designing mental wellbeing services that enabl8 increased access Summary of Ihe main act[￿tIeS undertaken for the public bènèfit in rfrlation to these oblocts {Includtr wlthln thls soctlon the ststutory daclaration that tru¥teos have had r•gard to th• 9uidanc• Issued by th• Charlty Commlsslon on publle benefrt) YCS exists to provKle a knw-COSt counselling service to people wtio cannot otheN5e aff￿d to access counselling. tt is our intention to provide and lell people about our affordable seNice. We offer low, and Amy. Kalhryn. and Becky for thèir daily commttmenl lo YCS. Your work arKI dedication are deepty appreciated. I'd also Ilke to thank the trustees- particularly Claire Charlton, Emma George and Michelle Hurtey who ¢￿tributed lo th8 stralagic response following Ihe loss of our previous fundrai￿￿ support. We extend sincere thanks to all who havo helped YCS and ah8ad to recruiting new trustees. wth a particuLgr focus on ln¢￿8$1ng divèrsity and lived experience at board level. The strength and balance of our govemance 1$ essential as we look lo the fulure. Looklng Ahead The year ahead will brbrvJ challenges, [￿t least the nsing demand for affordabl8 menlal h83lth sarV￿S in the face of economlc uncertainty and an increasingly compelitive fundraising landscape. Bul we are actively preparing through strong8r fundraising planning, dearer branding, and a ¢ommitled and skilled team. As we prepare for change. I want to take a moment lo thank Gail for her outstanding leadership over the years. Gail will be stepping down in the comin9 monlhs. and are currenlty recruiting for her successor. Her conlnbution to the grovAh and statMIty of YCS has been immeasurable, and she leaves with our laskng grnlitude and very best wishes. YCS i% a deepty human organisation rooted in enpathy, community, and care. l am proud lo serve as Chair and grateful to everyone who plays a part in making YCS ¥that it is. Loe Parfitt Chair, YCS Cwrwaing Wales Y CMINI SIARAD I THE TALKING COMPANY TRUSTEES ANNUAL REPORT Year Ended 31 March 2025 Section E Financial review The trustees have a medium-temi aim of IK)Iding unrestricted reserves equivalent lo 6 mMtPkS of (￿MItted expenditure. Committed expendrture refers to Ihè orrfJoing costs of maintaining the property In which YCS opefates and the staff costs associated with providing k)w- ost Counsellbng. At the end of the ￿rity1 £20,877 was held as tsnrestricted reserves whbch i8 approximately 2 months. Brlef slatement of the charitys pollcy on resor¥•s YCS seeks to obtain specific lunding for any additsonal activities and monies received for any specific activty are acLounted for at the lime of receipt as bein9 restricted to that activty and spend is monitored against the amount re￿ived or receivable. Detalls of any fund• rnHtsrlally In deflclt Further flnanclal rovlew dotails Ioptlonal Informatlon) You may choose lo include additional information. where relevant about.. the charity s principal sources of funds (induding any fundraising)., how expenditure has supported Ihe key obseclwes of the charlty: inveslmenl policy and objeclives induding any ethical investment polKy adopted. Section F Other optional information Y CWMNI SIARAD J THE TALKING COMPANY TRUSTEES ANNUAL REPORT Year Endgd 31 March 2025 Section G Declaration The trustees declare that they have approved the trustees, report above. Slgned on b8half of tho charlty's trustees Slgnatvre(s) Full nam•(s) Position (eg So¢r•tary. Chair. etc) YJJ Ll Y CVWNI SIARAD I THE TALKING COMPANY INDEPENDENT EXAMINER'S REPORT TO ThE TRUSTEES Year Ended 31 March 2025 l ￿pOrt to the Injstees on my examination ol the actt)unts of Y Cwmni Siaraj l The Talking Company {'Ihe CIO'I for the period ended 31 March 2025 which are set out on pages 9 to 11. Rosponsiblllties and basis of report As the truslees of the CIO you are resFKJnsible f(x the weparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Act'}. I report in respect of my examination of the CIO'S accounts carrted out under section 145 of the 2011 Act alld in carrying out my examination I have fottowed all the applicable Directions givèn by the Charlty Commission under seCt￿n 145151{b) of the Acl. Independent gxamin•rfs statem•nt I have completed my examination. I Confi￿ that no material matters have cA)rne to my attention in onnection vAth the examlnation which gives me cause lo believe tt￿1 in any rnaterial respgct.. accounting records were not kept ￿ respect of th8 CIO as required by section 130 of th8 Act; or the accounts did not accord wtth the accountirvJ records. Although th8 chaiity's poSit￿n at the year 8nd8d 31 Marth 2025 shows reascnable freo rgSgtv8s. w& raw y¢xJr attentlon to the trustees, explanation that future fundlng remains insecure due lo economic uncertainty and ol the actions they have intend to tske, as induded in the achlevements and performance section of the Injstees, repM and also Ihe going conckm note. However, we are salisfi8d th81 the truslees have laken all r8ason8ble steps lo ￿ntrol and monitor the positlon and we do not propose to rnodty opinion on the accI￿nts. I have ￿ concerns and have corne a¢ross no other matters in ￿)nneCtIOn with the examinalion to which attention shoukl be drawn in Ihis retth in order lo enat4e a propèr understanding of the aGcounts lo be reached. FarLana Ahmed FCCA Independent Examiner 1 st Floor, Tudor Hou8e 16 Cathedral Road Cardiff CF119LJ Date: 28 January 2026 Y CWMNI SIARAD I THE TALKING COMPANY RECEIPTS AND PAYMENTS Accoupirs Year Ended 31 March 2025 Total Total 2025 2024 Grant in￿rn 20,( 20.QOO 36134 27A14 1,017 6,387 91,652 80,000 21.939 25.933 6.749 6,900 141,521 Client fees Room rontal 27.414 1.017 6,387 91.652 Donsttons lJher income Staff Costs Volyntser I Clinical Sup•fil$ion Renl 74.360 10,417 12.754 1.925 3.542 74J60 10,417 18J54 1,925 3.542 1.664 1.908 3177 4,994 2905 338 74.077 11,430 14.000 1.045 4,264 1,495 1,612 4,241 5.168 1,364 198 Rates Lighl & Heal Insuranc Phono 18madb8nd Ir, websits and other relBt8d elp9ndb￿lty Ropairs. fflalnienAnc• & cleaning mln. printing, postsg? & stybonery 14ertising & ma￿￿￿.￿9 Tioining Legal & Prolesslonal Square Fees Recruitment 3A77 2.gJS 338 239 239 370 1258 304 1250 304 1.099 318 43 43 30 ¥*m8nc?- IndeperKJenteyam f80$ Client ￿nagement 1.500 121D 126135 1,320 986 1210 123.234 122.017 Transfers betwèen frjnds pEr MOV￿ENT W FUN[6 (31.582) 135,1821 18504 52.459 56m9 373SS 20.8 20,877 56,059 The notes on pa99 11 form part of these fina￿la1 ststements Y CWMNI SIARAD I THE TALKING COMPANY STATEMENT OF ASSEfs AND UA8ILrriES Yèar Ended 31 March 2025 Totsl TolBI 202S 2024 C•JJh •t Blnk CK)PLcJJunl ?0￿77 20P77 56,011 Square kcount 48 2fj￿T7 20077 56.059 A•••t• r•l•lnpd ft¥r Ch•rty• ¢>Afn U•• These accounts were approved by the members of the Ix)mmittee ar¥J authonsed for issue on Irj Signature(sl Full name(s) Posilion le.g. Secretary. Chair, etc} YV'JI-Q The notes on page 11 form part of these financial statements 10 Y CWMNI SIARAD I THE TALKING COMPANY NOTES TO THE FINANCIAL STATEMENTS Year Ended 31 March 2025 1. TRUSTEE EXPENSES No tmstee received any rem￿￿t￿M fr￿￿ Ihe clwity n respect of ltheir services during th& pèriod. Oul of pocket eX￿nSeS incurred by the trustees in the pertrXrnan￿ of tt￿[ dut￿ were not reimbursed. 2. RELATED PARTY TRANSACTIONS During the pr￿Year, one Irusloo was £1.860 Clirtical SuFwvision to ttsver staff shortages. This vlas approvad by the t￿ard. The￿ were no rela￿ paity transactions Ihis yeaf requiriThJ disGbsur¢. 3. FUND BALANCES Batan¢• at 8ol•n¢• It kncun• £%￿nd*￿• Tran8f•r• 31 Mar 2025 1 2024 General Fund 52.459 52,459 91.652 91.652 123.2341 11232341 20,877 20￿77 Big LotteryCommunityFund CommunltyFoundation Wales 13.600) 13.6001 56,059 91M52 1126.835 20,87T Balance at 8glance at 31 V4r 2024 14Jrtl 2023 In(x)m* E>p8ndI￿re Transtsr& Gen8ral Fund 26.393 26?¥J 141,521 141,521 1115.4551 1115,4551 52,4S9 52,459 R•8trfct•d Big Lolterycommunlty Comrnunity Found8kn1 Wal95 10,109 1.053 11.162 (6XJ91 11.053) 17.5621 3.600 3.600 37,555 147.521 123.0171 56,059 Th@ Big Lottèry Fund have provided 8 fve-year grant towards Ihe costs of a fvll-time Service Developmenl Coordinalor and part41ff￿ ClirKal Lead to enhan￿ the existing i01￿)st wunselling service. This ha5 been fu#y spent. Communty Foundalk)n Wales provided ts¥0 9rants in Ihe year endeLI 31 AA¥ch 2021.. £2,1￿) towards staff ￿$18 and further £19.1]00 towartls the costs ol settÉng up a new wèbsite and fina￿ system to improve Ihe efficien￿ of tho r*arity. Th"s was lully spent duriThJ year 2023124. 11 Y CWMNI SIARAD I THE TALKING COMPANY NOTES TO THE FINANCIAL STATEMENTS Year Ended 31 March 2025 4. GOING CONCERN As at 31 March 2025 the charity h￿1 reserves of £20.877 as I￿e ￿eNes. However. as detaHed in the trustees, report. fulure funding remains uncertain and the trustees have consKlef8d the going (X)n￿rn poSit￿n in some delad and a￿ sab'sfth that in Ihe immediate future the sleps U)ey have already tske and will conty'nue to tske to reduce costs ￿lIe stim aiming to secure additional funding 5houfvJ b8 sufficlenl lo keep the charity opefatk)nal for at least 12 month5. ￿ thts bas6 the trusteeg arè satisfied Ih8t no material a4'uslmenls are required to the accJ)unts ai 31 March 2025 to rellecl any uncertainty in golng concem. 12