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2025-04-30-accounts

Trustees’ Annual Report for the period

From Period start date To Period end date
1 May 2024 30 April 2025

Charity name: The Plasdŵr Community Fund

Charity registration number: 1185787

A. Objectives and Activities
Summary of the purposes of the
charity as set out in its governing
document
SORP Para 1.17		 The objects of the CIO are to benefit the residents of the
Plasdŵr community and surrounding areas by assisting
residents, local councils and other organisations in efforts to:
(a)
provide social and sporting facilities for
recreation and leisure time;
(b)
promote community participation in healthy
recreation activities; and
(c)
promote the conservation, protection and
improvement of the physical and natural
environment.
Summary of the main activities in
relation to those purposes for the
public benefit, in particular, the
activities, projects or services
identified in the accounts.
SORP Para 1.17, 1.19		 Main activities undertaken by the Charity
The Charity is in the early stages of its development but
nevertheless made grants during this period.
The Charity will continue to make grants and provide support
to individuals and other local organisations to help fund and
support sporting facilities and activities and recreation
spaces, open spaces and recreation and community
activities.
Any residents of the Plasdŵr community, as well as residents
of adjoining areas, may benefit. The aim of the Charity is to
ensure that this significant new housing development
becomes a thriving community.
Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit
SORP Para 1.18		 Statutory declaration
The Trustees have complied with their legal duty under the
Charities Act to have regard to the public benefit guidance
published by the Charity Commission.

Additional information (optional)

Additional information (optional) Additional information (optional)
You may choose to include further statements where relevant about:
Policy on grant making
SORP Para 1.38		 The Trustees have adopted a risk-based policy on
grant making.
Policy on social investment including
program related investment
SORP Para 1.38		 The Trustees have not made any social or
programme-related investments.
Contribution made by volunteers
SORP Para 1.38		 The Charity was not supported by any volunteers
during the period.
Other Not applicable.

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B. Achievements and Performance
Summary of the main achievements of the
charity, identifying the difference the charity’s
work has made to the circumstances of its
beneficiaries and any wider benefits to society
as a whole.
SORP Para 1.20		 The Charity was registered on 14 October
2019.
The Trustees have continued to work to
establish internal processes and develop
relationships for the successful operation of
the Charity in the community.
The Trustees have made three grants during
this period:
-
a grant of £1,000 to Pentrebane Zone
for a light up festival
-
a grant of £1,000 to Groeswen
Friends for a fete
-
a grant of £1,000 to R&M Festival to
assist with their brochure
Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set
SORP Para 1.41		 Not applicable
Performance of fundraising activities
against objectives set
SORP Para 1.41		 Not applicable
Investment performance against objectives
SORP Para 1.41		 Not applicable
Other Not applicable
C. Financial Review
Review of the charity’s
financial position at the
end of the period
SORP Para 1.21		 At the end of its reporting period the Charity held £79,026 in unrestricted
funds, all of which are available for the general purposes of the Charity.
Statement explaining
the policy for holding
reserves stating why
they are held
SORP Para 1.22		 The Trustees have adopted a “no reserves” policy.
Amount of reserves
held
SORP Para 1.22		 Not applicable
Reasons for holding
zero reserves
SORP Para 1.22		 The Trustees have adopted a “no reserves” policy. The charity is
funded by corporate donors and the donations are unrestricted. The
Trustees consider that it is not necessary to hold back any unrestricted
funds not committed (the “free funds”) as it is very unlikely that there will
be any unforeseen drop in income or funding as the donations are made
in advance of the charity making its donations. The Charity does not
have any expenditure or liabilities where future income is likely to fall
short of anticipated costs.
The free funds vary from time to time and are dependent on a number of
factors including the number of requests for funding received and the
size of grants given. The Trustees are careful not to make donations

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which are not in furtherance of the Charity’s objectives, and as such the
level of reserves will fluctuate depending on the number and size of
suitable requests received, and whether any monies have been held
back, though uncommitted, for specific donations.
As at the balance sheet date these funds amounted to £79,026 (2024:
£35,975).
Details of fund
materially in deficit
SORP Para 1.24		 Not applicable
Explanation of any
uncertainties about the
charity continuing as a
going concern
SORP Para1.23		 The Trustees do not have any uncertainties about the Charity continuing
as a going concern
Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal
sources of funds (including
any fundraising)
SORP Para 1.47		 The Charity is funded by corporate donors. Property developers are
required to pay £100 per house built in the Plasdŵr development to the
Charity. A payment of £49,100 was received by the Charity this
financial year.
Over the next approximately 20 years up to 7,000 households will form
the Plasdŵr development which has been planned as a thriving,
sustainable community where people can learn, work, socialise, play
and lead healthy and fulfilling lives for generations to come.
Investment policy and
objectives including any
social investment policy
adopted
SORP Para 1.46		 Not applicable
A description of the
principal risks facing the
charity
SORP Para 1.46		 The Charity will predominantly operate as a grant-making charity.
The Trustees have identified the major risks which the Charity faces
and have adopted a risk-based approach to grant making to manage
those risks and have taken out suitable insurance cover.
The Trustees will continue to consider and review key risks which
face the Charity and how these can be managed and mitigated.
Other Not applicable
D. Structure, Governance and Management D. Structure, Governance and Management
Description of charity’s trusts:
Type of governing document
(trust deed, royal charter)
SORP Para 1.25		 Constitution based on the Charity Commission foundation
model
How is the charity constituted?
(e.g unincorporated association, CIO)
SORP Para 1.25		 Charitable incorporated organisation
Trustee selection methods including
details of any constitutional provisions
e.g. election to post or name of any
person or body entitled to appoint one
or more trustees		 Methods of appointing new charity trustees
Apart from the first charity trustees, new trustees must be
appointed by a resolution of an external appointing body
comprised of representatives of the landowners.

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SORP Para 1.25 The Charity’s appointing body is defined in its Constitution
as the trustees for the time being of the St. Fagans No.1
Trust, the St. Fagans No.2 Trust and the St. Fagans No.3
Trust.
Apart from representatives of the landowners having power
to appoint trustees, there is no other link between the
Charity and the landowners. The Trustees of the Charity
understand their duties and responsibilities as trustees and
will maintain the independence of the Charity.
In selecting individuals for appointment as appointed charity
trustees, the appointing body must have regard to the skills,
knowledge and experience needed for the effective
administrationofthe Charity.
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for
the induction and training of trustees
SORP Para 1.51
On appointment new trustees are provided with a current
copy of the Charity’s constitution as well as the Charity's
latest Trustees' Annual Report and statement of accounts.
The charity’s organisational structure
and any wider network with which the
charity works
SORP Para 1.51
Governance
The Constitution provides for a minimum of three and a
maximum of six trustees.
The Trustees meet quarterly to agree the broad strategies
and areas of activity for the Charity, including consideration
of
grant
making,
investment,
reserves
and
risk
management policies and performance.
The day to day processing and handling of grant requests
and applications will be delegated to a Plasdŵr Project
Manager, who will provide a summary of requests received
to the Trustees at quarterly trustee meetings where the
requests will be reviewed and decisions will be made.
Urgent requests for funding may be made by email to the
trustees.
Relationship with any related parties
SORP Para 1.51
See “Methods of appointing new charity trustees”
Other
Benefits/Remuneration
None of the trustees were remunerated for acting as a
trustee during the financial period.		 Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for
the induction and training of trustees
SORP Para 1.51
On appointment new trustees are provided with a current
copy of the Charity’s constitution as well as the Charity's
latest Trustees' Annual Report and statement of accounts.
The charity’s organisational structure
and any wider network with which the
charity works
SORP Para 1.51
Governance
The Constitution provides for a minimum of three and a
maximum of six trustees.
The Trustees meet quarterly to agree the broad strategies
and areas of activity for the Charity, including consideration
of
grant
making,
investment,
reserves
and
risk
management policies and performance.
The day to day processing and handling of grant requests
and applications will be delegated to a Plasdŵr Project
Manager, who will provide a summary of requests received
to the Trustees at quarterly trustee meetings where the
requests will be reviewed and decisions will be made.
Urgent requests for funding may be made by email to the
trustees.
Relationship with any related parties
SORP Para 1.51
See “Methods of appointing new charity trustees”
Other
Benefits/Remuneration
None of the trustees were remunerated for acting as a
trustee during the financial period.		 Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for
the induction and training of trustees
SORP Para 1.51
On appointment new trustees are provided with a current
copy of the Charity’s constitution as well as the Charity's
latest Trustees' Annual Report and statement of accounts.
The charity’s organisational structure
and any wider network with which the
charity works
SORP Para 1.51
Governance
The Constitution provides for a minimum of three and a
maximum of six trustees.
The Trustees meet quarterly to agree the broad strategies
and areas of activity for the Charity, including consideration
of
grant
making,
investment,
reserves
and
risk
management policies and performance.
The day to day processing and handling of grant requests
and applications will be delegated to a Plasdŵr Project
Manager, who will provide a summary of requests received
to the Trustees at quarterly trustee meetings where the
requests will be reviewed and decisions will be made.
Urgent requests for funding may be made by email to the
trustees.
Relationship with any related parties
SORP Para 1.51
See “Methods of appointing new charity trustees”
Other
Benefits/Remuneration
None of the trustees were remunerated for acting as a
trustee during the financial period.
Policies and procedures adopted for
the induction and training of trustees
SORP Para 1.51		 On appointment new trustees are provided with a current
copy of the Charity’s constitution as well as the Charity's
latest Trustees' Annual Report and statement of accounts.
The charity’s organisational structure
and any wider network with which the
charity works
SORP Para 1.51		 Governance
The Constitution provides for a minimum of three and a
maximum of six trustees.
The Trustees meet quarterly to agree the broad strategies
and areas of activity for the Charity, including consideration
of
grant
making,
investment,
reserves
and
risk
management policies and performance.
The day to day processing and handling of grant requests
and applications will be delegated to a Plasdŵr Project
Manager, who will provide a summary of requests received
to the Trustees at quarterly trustee meetings where the
requests will be reviewed and decisions will be made.
Urgent requests for funding may be made by email to the
trustees.
Relationship with any related parties
SORP Para 1.51		 See “Methods of appointing new charity trustees”
Other Benefits/Remuneration
None of the trustees were remunerated for acting as a
trustee during the financial period.
E. Reference and Administrative details
Charity name The Plasdŵr Community Fund
Other name the charity uses Not applicable
Registered charity number 1185787
Charity’s principal address c/o Richard Owen
Burges Salmon LLP, 1 Glass Wharf, BRISTOL BS2 0ZX
1 Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity
Trustee name Office (if
any)		 Dates acted if not
**for whole year **		 Name of person (or body)
entitled to appoint trustee (ifany)
Simon Richard
Owen		 Trustee and
Chair		 Not applicable Not applicable

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2
3		 Michael Anthony
Lawley		 Trustee Not applicable Not applicable
Nicholas David
Rhys Lawley		 Trustee From 29 January
2025		 Not applicable

Corporate trustees – names of the directors at the date the report was approved

Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
Not applicable
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Not
applicable
Name and objects of the charity on whose behalf the assets are held and how this
falls within the custodian charity’s objects		 Not
applicable
Details of arrangements for safe custody and segregation of such assets from the
charity’s own assets		 Not
applicable

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of
adviser		 Name Address
Legal
advisor		 Burges Salmon LLP One Glass Wharf, Bristol BS2 0ZX

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Simon Richard Owen Position (eg Secretary, Chair, etc)[Trustee and Chair ] Date 28/1/2026

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The Plasdŵr Community Fund
Charity Name		 The Plasdŵr Community Fund
Charity Name		 The Plasdŵr Community Fund
Charity Name		 The Plasdŵr Community Fund
Charity Name		 The Plasdŵr Community Fund
Charity Name		 1185787
No (if any)		 1185787
No (if any)		 1185787
No (if any)		 CC16a
For the period
from		 01-May-24
Period start date		 To 30-Apr-25
Period end date
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £		 Restricted
funds
to the nearest £		 Endowment
funds
to the nearest £		 Total funds
to the nearest £		 Last year
to the nearest £
Donation 49,100 - - 49,100 -
Sub total 49,100 - - 49,100 -
A2 Asset and investment sales
Not applicable - -
Sub total -
Total receipts
A3 Payments
-
Grants 3,000 2,000
Bank charges 65 97
Legal fees 2,984 -
**Sub total ** 6,049 2,097
A4 Asset and investment
purchases
Not applicable - -
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
**Cash funds this year end **
2,097
43,051 43,051 (2,097)
- - -
35,975 35,975 38,072
79,026 79,026 35,975

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Classification: Confidential

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
h
it ’
B1 Cash funds		 Details
Total cash funds
Details
Barclays bank account		 Details
Total cash funds
Details
Barclays bank account		 Unrestricted
funds
to nearest £
79,026
79,026
Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £
79,026
79,026
Unrestricted
funds
to nearest £		 Restricted
funds
to nearest £
-
-
Restricted
funds
to nearest £		 Restricted
funds
to nearest £
-
-
Restricted
funds
to nearest £		 Endowment
funds
to nearest £
-
-
Endowment
funds
to nearest £
Not applicable
Details
Not applicable
Details
Not applicable
Details
Signature
Not applicable		 Fund to which
asset belongs
Cost (optional)
Fund to which
asset belongs
Cost (optional)
Fund to which
liability relates
Amount due
(optional)
Print Name
Simon Richard Owen, Trustee and
Chair		 Current value
(optional)
Current value
(optional)
When due
(optional)
Date of
approval
Simon Richard Owen, Trustee and
Chair		 19/02/2026

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The Plasdŵr Community Fund Trustees’ Report and Financial Statements Year ended 30 April 2025

Independent examiner’s report to the trustees of The Plasd ŵ r Community Fund

I report to the trustees on my examination of the accounts of The Plasdŵr Community Fund (the “Charity” ) for the year ended 30 April 2025.

Responsibilities and basis of report

As the trustees of the Charity 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 Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

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:

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.

Signed:

Rachel Cadby FCA CTA TEP Chartered Accountant and Trust Manager Burges Salmon LLP, One Glass Wharf, Bristol BS2 0ZX

Date:

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