CHARITY REGISTRATION NUMBER: 1189150 Mixtup Unaudited Financial Statements 31 March 2025 GORDON DOWN & COMPANY LIMITED Accountants and business advisors 144 Walter Road Swansea SA15RW
Mixtup Financial Statements Year ended 31 March 2025 Page Trustees, annual report Independerrt examineffs report to the trustees Statement of financial activilies 11 12 Statement of finanaal position 13 Notes to the financial statements 14
Mixtup Trustees. Annual Report Year ended 31 March 2025 The Ttruslees present their report and Ihe unaudited financtal statements of the char'ty for the year 8nded 31 March 2025. Chalrfs raport Exacutlve Summary Mlxtup Is a ytxrth project for y(MJng people aged 11-25 with mlxed abilities, including a range of Impalrments and wrKlilions. HEh levels of soual and general anxiety are (x)mmon. This year Mlxlup has Gonllnued io grow and thrive," we have increased regular Sessions and have been able to secure additlonal support and opportunitle5 in all area5 of our provision. We have continued to operate two age gr(MJPS for our members, (11-18 and 16-25} bul we include some Shared sessions and most of our trips allow the young people from across the age groups to meet up and spend time wth each other. Our maill operations and delivery are funded through The National Lottery, and Ihls has allowed u8 to provide regular youlh club sessions arKI our 'Chill & Chat. wellbeing s8ssions. Additional important gran15 meanl that we could continue sessions such as Table Top Adventures., where mernbors me81 to play tabletop role playing games such as DureonS and Dragons, allowng opportunities for social Inleractlon and peer support. We also offered a varlety of trlps and adlvttles, e¥wity during the summer break when our members are most al risk of soGlal i501alion. The Ineal u)sts of living mean that il feels even more Important fi)r us lo ensure that the young people that we work with- already at risk of exclusion - are able to participate in a range of activities arKI experiences, and we cover costs wherever possible. Addlllonal granls and great relationships with other organisalions has meant that we have been able to lo offer a wide range of opportunities this year, induding a number of exciting aclTvities that young people might not have been able to do othewse due to restricled funds, independen, accesslbility and confidence. Supporting the mental health and wellbeing of our members has become a growng priorlty and we remain committed to working toward finding the test possible ways to do this by Our membership has grown, and we continue lo have wailing lists for each age group. We always look forward to bringing more young people wth mixed abilities into our fold. Our Young PeoFle's Commiilee is stronger and more active than ever and is central to the planning and decision making wlhin Mixtup. The Committee members. alongside Trustees and staff, have worked incredibty hard to make sure that we get things right. They have great ambitions for Mlxlup and
Mixtup Trustees. Annual Report (con Year ended 31 March 2025 Some of them would like to run the whole project In the future. Feedback from the young peOe that attend Mixtup and from their families has been OVeh81m1ngIY wsitive, and il is through word of mouth that enquiries about lolning our project continue lo grow. They are 1 keen for us to continue to become even better! We remain incredibly proud of our project and of how everyone trustees, staff. volunteers. and especially the young peopl8 have continueé to pull tether and make Mixtup the brilliant, welcoming, exGitillg and safe place that it is. l am delighted lo join the talented team as a new truslee, I look forward to seeing the growth, passion and commitment of all involved in Mixtup while worknng wth all lo drive forward our vision and m155iOn ¢reallng fanla51ic opportunities fo* our young people. Leanne Hopkins (Chair of Trustees) On behalf of the Mixlup Board of Tru¥tees and Young People's Committee Rgfgrence and administratlve detalls Registered charity name Mixtup Charlty reg18tratlon number 1189150 Principal offlce 11 St. Helen'5 Road Swansea SA14AB Thé trustees -m Novak K E Davies A H Atkins D Slallard J TkKimas J R Rosetbthal L K Hopklns (Appointed 22 April 2024) (Resigned 22 April 2024) (Appointed 22 Awil 2024} Independent examiner Cad Wesl ACA 144 Walter Road Swansea SA1 5RW
Mixtup Trustses, Annual Report (conOnu8d) Year ended 31 Mah 2025 structure, govèrnance and management Background Mixtup was flrsl established In 2011. and barne a registered charlty (CIO) on the 21 st Aprll 2020 (Charity no. 1189150}- Trustses Mixtrjp has seven excellent tSleeS. These usually meet at teast four times a year. During this particular year they met both formalty and Infornialty on a regular bagls and are very 'hané5 on, in supwting the pmjecl management of Mixtup. At this lime our trustees were- Alexandra Atkins (Chair until April 24) Mikayla Novak ffreaSur) David Slallard John Thoma8 Joshua Rosenlhal Leanne Hopklns lappolnte(I chair April 24) KalheTine Davies lappoinled vice chair April 24) Sub committeos We have one sub-committee.. our Young People's Committee {YPC). We belwe that It Is vltally important fw us to hear the opinlon5 and ideas of the young people in mtuP lo ensure that we are gettlng the aims and delNery of our project right. A member of our main trustee Ixjard stts in with the YPC during meelings ensure that the voices of this important 5uIFcommittee are taken back to the full board of truslees and considered all decision making. Appolntment of new trustees Two new Irustg6s were appointed towards the start of the reporting year (April 24). When we recrull new Iruslees. we follow our trustee recruitment policy and processes, and apF)oinlments are agreed by fomial resolution at a Trustee meeting In order lo maintain the exlIent g)vemance of Mlxtup we are careful to ensure that potential new trustees.. have a good understanding of the values ané purpN)ses of Mlxtup. are sympathetic to the Organisatn'S aims and objectives. that they have the appropriate skills and experi0r8 lo meet the needs of any vaCleS on the board. All newly recrui18d trustees are provided our fvll Constilubon. financial accounts and tKJlicies. W8 welcome trustees from a range of backgrounds and especially those with a lived experience of having mixed abilities.
Mixtup Trustees, Annual Report Year ended 31 March 2025 Project management Day lo day proje management of Mixiup is undertaken by a projeLa manager. The manager ensures that Trustees are regulady irrfornied of progress of Mlup and that any major ecislons are passed or) lo the board. stafnng Mixlup has one man3ger, and Iwo dedicated youth project workers (one lead5 on our 11-18 age group. th8 Other 16-25) Their maln duties of the project workers Indude the annIng and delivery of sessv)ns wrf(h young people. supporting young w)ple and their families, identrfying and signposting lo appropriate support as needed, networking with similar minded cryanBatK)ns and promotsng the work of Mixtup. The manager retained some ddivery support along wth their main responsibilili8s such as overseelng day lo day finances. completing grant applications and rewKting, staff management and dealing with compliance and safeguarding. Skilled and experienced sesSn81 staff are emplc)yed to supp(wt the planning arKI delivery of sessions and activit18s in Mixtup. During this year Mlxtup employed a bank of nine sesslonal workers. Voluntgers The contribLrtion of volunteers in Mixiup's delivery is valued greaty. Thi8 year, our rJUlar volunteers Ix)ntinued to support th@ delivery of sessions. activities and trips. We recruited four new volunteers, two of whom went on lo become paid sesslonal workers. Policles Policies are reviewed on a year cyde and any new poliLxe5 written are sent lo the trustees for approval. Policies are also shared w(Ih all Mixiup starr and volunleers. Mixtup is a Time to Chang8, pledged OrnISa0n- ' a publtc dedaration that an organisalloll wants to step up lo tackle mental health stigma and discrimination..
Mixtup Trustees. Annual Report (conttnued) Year ended 31 March 2025 Objectlves and actlvltlgs Purpose Mixtup prDvides an accessible yOLrth club and a rdnge of actlvitles and trips for young peopte aged 11-25 with mixed abilill8s. in order f¢x them to socialise, ty new activities, have increased confidence and selF-esteem and to have fun. We also: provide small group and one-to one 5UPWt for our members. signpost to and support young peO[e with mrAed abilities to take part In wider opportunitles. support young peoplg with mixed abilities to develop and reach thelr personal aspiratlons arKI ra15e awareness of child and disabilty rights. enUrage and empower young pwple wilh mixed ab11e5 to speak out for themselves, and advocate on their behaff when needed. Values Mixtup is a fr8e, bgneficiary-led youth dub for young people aged 11-25 with mixed abIlle5. We meet in an accessible venue and alm lo be an indusivo. a(tepting and empowering organlsation. We renISe and celebrate the wKle range of skills. abileS and personalities of the young people who comg along. Mixiup was named by our original beneficiaries based on the idea that we are all different and can all do drfferent things. It is an asset-based affirmation of our diverslty and what WB can do aThJ not a éeflcrt-based notion of what we cannot do. We don't require a formal referrd from any kind of professional body {e.g. social servlGes or mediGall. If Mixtup is the righl ple fcK a young person_-then they are right for Mixtup. W@ have a waiting list bul introduce new members luallY. Il's imwrtant that our space feels accessible lo the youllg people that come along- so we ensure that session5 don't feel too crowded. noisy or overwhelming. We understand the dtfferent barriers that young people with mixed abilities face. and work alongside them to make sure that our youth club Is always adapting to gel things right for them. We are beneficiary-led and our Young People's Commille8 meets regularly. Their idea5 and oplnlons, on behalf of all of the young peotAe, inform decision-making wilhin Mlxlup, alongside our full Trustees. Members from thls committee are invdved throughout our reGrurtment processes. Our practlce Is informed by the National PartIpatiOn Standards. All young people feed into fornial {once a year) and irrfomal {on-goingl consultation to provide feedback arKI support future planning. Young people In Mixlup have inspired and infiuellced all of our funding plans and appIatIonS. We promte both the rights of all children a1 young people as oudined in the Unlled Nallons Convention on the Rights of the Child IUNCRCI and the rights of 811 disabled people as outlined in the United Nations Convention on the Rights of People Di58bilities (UNCRPD). We work within tho Social Model of Disability and believe that r( is OLJr responsibility to adapt our setting and practiGg to
Mixtup Trustees. Annual Report {C1Uj Year ended 31 March 2025 make it work for the young p80ple Ihat attend Mixtup. We are a non-judgmental organisalion and do not discriminate agalnst any young people. families, staff. volunteers or people that w8 work with irrespective of a. race. gender reassignmen( sex, sexual orientation. disability, marital status, pregnancylmalernty and rellglon or bdief. Operating model Mixtup prim8rlly operates via project specrfic funding. We didnl do any dlrect public fundraislng during this year. but we did re1ve some sfflall publtc charitable donations. The fUndIr bodies that supported us this year were: Chlldren In Need (Maln Grant) National Lottery Communlty FurKI (Large Granl) National Lottery Community Fund (Small Grant) Postcode Community Trust Alex Fery Foundatio Tesco Stronger Starts UK Govv City and County of Swansea grants - COAST grant - Winter of Wellbeing - Holiday food Dlrert food Objectives during the year Our main objectives thls year reflected the core aims of our project with an additional emphasis on wellbeing. For young people aged 11-25 wtth mixed abilities to: have more try new activities. have increased corrfidence and 8elf*sleem. have reduced social isolation. to have good. sustained. emots'onal wellbeing.
Mixtup Trustees. Annual Report {c¢7nthts¢¢Q Year ended 31 March 2025 A¢hlevoments and perfomiance We 2d)ieved our objeclives through-. A posilrve approach which meant that sesslons remained creatlve, fun, supwrtlve, incluslve and conslderale of the needs of our members no matter how they look place. Contlnued provÈsion of regular youth dub seggK)ns in person and occasN)nally via Zoom. Regular themed wellbeing 58S5ions'Chill and Chay Regular therned sessions such as 'Table Top Adventures" This had prevlously been a joint project wlh Interplay bul now sd81y delfvered by Mixtup. A range of trfps and other actNittes. We have formed great relalionshlps with other local provlder5 and work together to be able lo offer all kinds of new experiences for our members. We supported 70 young people Nmth mlxed abilities aged 11-25 in person during se8slons and activities and meetings. We also supported these 70 young people and their families remotely via meetings, phone calls, emails, private messaging and soclal media. In addition_-we attended a variety of meetirvJ5. forums and events In whlch we advocated for young people with mixed abilities and broadened our understanding of other places to which we could signpost for further suprth. Performanco We provided youth club5 sessions, wellbeing sessions, trips, advocacy plug sm¥ll group11-1 support IhroughoLrt the year. either In person and online as needed. Youth club sesslons This Is our main activity, Ihe most essentlal part of what we do. We have two youth club sessions a morrth, one each delNered to two age groups111-18 & 1&25) -. These have everything that you'd expect in a youth club- pool table. board games, table tennis. craft and cooking, karaoke and sn8Gks. We invite guests lo work with the young people a5 well. for example artists to help to make posters or an opera singer. It's space. as our young people tell us, for them lo 'just myself. Chlll & Chat These were our mor)thly wellbeing sessK)ns. We explore wellbeing issues such as exploring anger. healthy eating. sleep issues, arKI the young people acted 88 advisors on Ihe Mixtup 'Problem Page.. We realised thal the most important part of these sessions was just...lalkirig. Young people shared their anxletles arKI redised that they weren't alone. Table Top Adventures The young people tabletop rdeplaying games - mostly play Dungeons & Dragons. There were times when this was the only activty some young peOe fell able to happily engage wlh in their lrfe for quite long periods of time. Film Glub This is a simple. relaxed. low pressure session. For some il is the only way that they get lo watch ? movie with others lSe of their own homes. Trips These are an important part of our delrvery- youro people get lo ty so many new things and go
Mixtup Trustees. Annual Report letsnM) Year ended 31 March 2025 to new places as well as sharing their local SP wlh others. There are atways so many positive outcomes from these - especially increased independence. confidence. deepening of friendships and lols of fun. Other aGtivitig5 We regulady take part in other activthes led by local providers- from muslc maklng In the YMCA or creative sessions in the museums lo reprgsentlng Mixtup by being inter¥iewed for l(Kal media oullels. We have formed great reiationships wth a range of culturd and ethical organigalions across Swansea. Young Peoplos's Committee Our Young People's Committee from strength to strength and have been aGlive in decision making throughout the year. They have mel regularly and amongst othar things they supported the delivery of a partiPatIve consultation wlh the wider group. repres8fbted Mixtup al events, advised on funding applications and taken part in recruitment procedures. Indlvidual support There Is continued demand for personal support -and we provide this for young people and their par8lltslcarers in a range of ways - e.g. 1,-1 meetings. online support. writing letters. advocating for young people (e.g. in college). safeguarding referrals and signposting lo specialised professional agencies as needed. Monitorlng and feedback We use obseNalion, participative consultation. infomial dlscusslons and surveys to monitor the performance of our organ15atlon. Sesslons are wrfttgn up and measured against our objeclives. Staff are highly reflective practitioners and always look for ways lo irnyove delNery of the project and to tailor it to support the changing needs of the young people. We provided a formal consultation using a mbInatiOn of methods a group session using participalive activities. an online survey and simple question packs with lots of pholographs lo help young people to remember what we had done. We listen for infomial feedback throughout the year and indude this in our refiect(ve practice and planning. We meet with the YoLtng People. Committee throughout the year and indude them in our decision-making. Feedback from our members and their lamilies and (xrers was overwhelmingly posltlve. We wero told regularly that our provision during this time was a'lrfeline. for our members. Friendships develop andlor deepen. and some young people became more involved in group activities and discussions than they had been previously. We saw new aspects of some young people as their Confiden grew and they opened up more- talking, sharir¢g ideas, singing, and really supporting each other in drfferent ways. Sessions were well attended and lively. and a18rge variety of activitles took pla within them. We have conllnued to bring in more young peotAe from our wailing list and receive an increasing number of membership enquiries via word-of-moulh recommendations from existing members and their famllles.
Mixtup Trustees. Annual Report (conUnu8(9 Year ended 31 March 2025 Flnanclal revlew Flnandal Managemont Day to day financial management is undertaken by the manager, supported and overseen by the Chalr and Treasurer trustees. Ai trustees are Induded in any major decision-maklng C charyes to the finances of Mixlup. Some financtal management is outsourced to professional services: Accountants.. Gordon Down Accounlanls Book-keeping= Carol Shephard Banking.. Uoyds Bank End of Year Accounts For the year Aprll 20241 March 2025- Restricted incx)me." £157,667 UHreslricted income: £1,620 reditors.. £8,072 Net income.. £20,271 Total restricted funds Caled forward: £74.328 Total unrestrlcted funds carried forvrdrd: £21.422 Mixtup's reserves polrcy is to seek to establish and then mairrtain sufficient levd of reserves lo enable normal operating aclwihe9 tg continue over a Fer¢cMJ of up to 6 months should a shortfall in Income occ#Jr arKI to take account of potential risks and contingencies that may arise from lo rne. Restricted costs are due to the grant income reived. This primarily covers salaries, a¢tivities and agreed overhead$. Any unspent revenue ig wried forward, with agreement funders. into the next year.
Mixtup Trustees. Annual Report{contiftuédJ Year ended 31 March 2025 The truslee8' annual report was approved on 15 January 2026_and svJned on behalf of Ihe board of trustees by.. Ld10 L K Hopkins Trustee 10
Mixtup Independent Examinerfs Report to the Trustees of Mixtup Year ended 31 March 2025 I report lo the trustees on my examinauon of the financial statetnents of Mixtup ('th8 charlly,) for the year ended 31 March 2025. Respon91bllitlo3 and basls of report As th8 truslees of the charity, you are reswnsibl8 for the preparallon of the flnancial statements i accordance wtth the requirernents of the Charities Act 2011 {Ihe A¢Y). I report in respect of my examinatM)n of the charivs financial Statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Dlrections given by tha Charity Commlssion under sectlon 14515Mb} of the Act. Independent exarnlnerfs statement I have compleled my examination. l o)nflm that material mallers have como to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respeGt of the charity as required by section 130 of the Act: or the financial statements do rK)t arAx)rd with those records. or the finanal stalements do not comply with the applwble requirements tx)nceming the form and content of aG(x)unts Set out in the Charities (Accounts and Reports) Regulations 2008 other than any requlrement that the accounts give a 'true and fail view whiGh is not matter considered as part of an indepenéenl examination. I have no concnS and have come across rK) other matters In connection th the examlnalion lo which attention should be drawn in this report in order lo enable a proper understandirTrg of the acwunls to be reached. ILJd/ 1g1,,( Q4LL Carl W8sI ACA Independent Examiner 144 Walter Road Swan8ea SA15RW
Mixtup Statement of Flnanclal Activities Year ended 31 March 2025 2025 Restricted funds Total funds 2024 Unrestricted fvnds Total funds Income and endowments Donations and legacles Total income 1,620 157.667 159,287 159,287 116,578 1,620 157,667 116,578 Expenditure Expenditure on charitable activities Total expondlture 859 138,158 139,018 108,895 108,895 859 138.158 139,016 Net In¢ome 761 19,509 20.271 7.683 Transfers befvfftn funds 5,395 {5.395} Ngt movement In funds 6,156 14,114 20.271 7,683 RBconclllation of funds Total funds brought forward Total funds rried fopward 15,266 60.214 75,480 95,750 67,797 21,422 74,328 75,480 The statement of financial activiti6s indudes all gains and losses reLwnls•Y in the year. All Income and expenditure deTive from conn1r activtbes. The notes on pag•s 14 to 21 fomi part ofth•s• flnanclal Statements. 12
Mixtup Statement of Financlal Posltion 31 March 2025 2025 2024 Current a¥sots Cash at bank and in hand 103.823 80,522 Credttors: amounts falling due wlthln one year Net current assets 10 8.072 5,042 75,480 95.751 95.751 Total assots less current liabililie5 75,480 75,480 Net assets 95.751 Funds of tho ¢harfty Restricted funds Unrestricted funds 74,328 21.422 60,214 15,266 Total charlty fvnds 12 95.750 75,480 These financlal slalements were approved by the trM)ard of trustees and aulhDrised for issue on 14 January 2026 and are signed on behalf of the board by.. L K Hopkins Trustee Tho not¢s on pagps 14 to 21 form part of these financlal statements. 13
Mixtup Notes to the Flnancial Statements Year ended 31 March 2025 General Inlormation The chadty is a public bonefit entity and a regisler8d charity in Engl8T and Wales and is nincorpor2ted. The address of the prirripal office ÈS 11 St Helen's Road, Swans8a. SA1 1AB. Statement of compllance These flnandal statements have been prepared in complk2n¢e with FRS 102. The Financlal Reporting Standard applica18 in the UK ané the Republic of Ireland,. the Statement of Recommended Practice applicable to charities preparing their accounts in accordance wllh the Financial Reporting StarKiard applicable in the UK and Republic of Ireland IFRS 1021 (Charllie5 SORP (FRS 102)) and the Charities Act 2011. AOUntIng pollcles Basis of preparation The financial statements have been prepared on the historical cost basis, as modffied by the revaluation of certain finanGlal assets and liabilities and invostmenl propertie8 measured al fair value through inu)me or expendf(ure. The firsancial statements are prepared in slerfing. which is the functional currency of the entity. Going concern Th8re are no material UnrtaIntieS about th& charity's abilty to continue. Judgements and kgy soUrS of estlmatlon uncertalnty The preparation of the finanal slalements require5 managemenl lo make judgements. estimates and assumptions that affect the amounts rekK)rted. These estimates and judgements are contlllually reviewed and are based on experience and other factors, including expectath)ns of future events that are believed to be reasonable utKler the circUSnCes. Fund accounting Unrestricted funds are available for use al the disoets'on of the trustees lo further any of the charivs purposes. Designated fvnds are unrestricted funds eamiarked by the trustees for particular fvture pmject or commitment. Reslricled funds are subjected to re5tricttons on their expendlture declared by the donor or through the terms of an appeal, arKI fall into one of Iwo sutKlass8s.- reslricled income funds or endowment funds. 14
Mixtup Notes to the Financlal Statements {GO* Year ended 31 March 2025 Accounting policios (contlnu8(0 Incoming resources All incoming resources are induded in th8 Statement financial activlties when 8ntlUemenl has passed to the charity,. it is probable that the economlc benefits assoclated with the transaction 11 flow to the charity and the amount can be reliably measured. The following specrfiG policies are applied to particular categories of income= income from donations or grants is recognised when there is evidonce of entitlement to th8 grft, receipt is prDbable and its amount can be measured reliably. legacy income Is recognised when receipt Is probable and entitlement is eslabllshed. Income from donated goods is measured al the fair value of the goods unless this IS impractlcal lo measure reliably. in which case the value is derived from the cost lo the donor or the e9timaled resale value. L)onated facilities and services are recognlsed in the accounts when received rf the value can be rdiably measured. No amounts are included for the contributlon of general volunteers. income from contracts for the supply of services Is recognised wlth the éelivery of the contracted service. This is dassified as unrestricted funds unless there is a conlraclual requlremenl for it lo be spent on a particular PUTpose and retumed rf urtspent, in which case il may be regarded as restricted. Resources oxpended Expendlture is recognised on an accruals basis as a liability is IncUed. Expenditure includes any VAT which cannot be fully recovered, and is cJassIf under headings of the slalemenl of financlal activities to which it relates.. expendlture on raising funds indudes the costs of all fundraisiro activities, events. non-charitable trading activikn"es, and the sale of donated goods. expenditure on charltable activitl8s includes all costs incurred by a charrty in undertaking aclivili8s Ihal further its charitable airns ft)r the benefit of ils beneficiaries. including those support costs arKI costs relating lo the governance of the charity apportioned to charSlable activities. other exporKliture includes all expendlture that is neither related lo raislng funds for the charity nor part of Its expendtiure on charitable aclivrties. All cost5 are allocated to expenditure categories refflecting the use of the resource. Direct costs attributable to a single activity are allocated direclly lo that aclivty. Shared costs are apportioned between the activities they contribute to on a reasonable. juslthable and consist6nl basis. Financial Instrumgnts A financial asset or a financial Ilabllty 15 recognised only when the charity become5 a party lo the contractual provisions of the instrument. BaslG financral instnjments are initially recognlsed at the amount re1Vable or payable includi any related transaction costs. 15
Mixtup Notes to the Flnancial Ststements (Gonth(Jed) Year ended 31 March 2025 AGGountlng pollcles iGonllnuodJ Financial instruments {GonllnuodJ Current asset5 an(1 Cuent liabilrties are subsequenuy measured at the cash or other consideration expected lo be paid or received and not discounted. Debt instruments ar8 subsequenuy measured at amortised cost. Where investments in shares are pvblidy traded or their fair value can otherwise be measured reliably, the investment ts subsequently measured at tsir value with ChareS in fair value recogniseé in income and expenditure. All other such investments are subsequently measured at cost less impalmienl. Other financial instruments. induding derivatives. are initially recognised at fair value, unless payment for an asset is deferred beyond nomial business temis or financed al a rate of interest that is not 8 market rate. in whb case the a55et is measured al the present value of the future payments discounted al a markel rate of interest for a similar detA inslrumenl. Other financlal Instrumersls are subseqLJenUy measured at fair value, wth any changes reGogniseé in the statement of financial aGtivilies, with the exception of hedging Instruments in a deslgnated hedging relationship. Flnancial assets that are measured al cost or amorbsed cost are reviewed for objective evidence of impaimienl at the end of each reporting date. If th8re is objective evidenc6 of impairment, an Impairment loss is recognised under the appropriate heading in the statement of financial aclivilies in whi¢h the initial gain was recognised. For all equkly Instnjments regardless of signfficance. and other financial assets that are indlvldually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basi5 of similar credti risk characlerislics. Any reversals of impairmenl are recogntsed Immedi3lely. to the extent that the revSaI dDe5 nol result in a carrying amount of the finaNcial asset that exceeds what the carying amount would have been had the impairment not previously been recognised. Defined ¢ontribLrtion plans Contributions lo defined GontribuEion plans are rewgnlsed as an expense In the period in which the related service is provided. Prepaid conlributs.ons are recA)gnised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contribLrtions are not expected to be setued wholly within 12 months of the er)d of the reporbllg date in which the employees render the related servi, the liabllity is measured on a dlscounted present value basls. The unwtndlng of the discount is re(x)gnised as an expense in the period in whiGh It arises. Donations and legacigs Unrestricted Funds Reslricled Total Funds Funds 2025 Donations Donations 1,620 1,620 16
Mixtup Notes to the Flnanclal Statements Year ended 31 March 2025 Donatlons and lègacies (conthued) UnreslrKted Funds Restricted Total Funds Ftjnds 2025 Grants CIN- 20Z2 National Lottery- Medium Table Top - Lollery CC Swansea - Coast Poslcode Community TNst Tesco ex Ferry Foundation 144,385 144,385 7,282 7.282 1,000 5,000 1,000 5,000 1.620 157,667 159,287 Unrestricted Funds Restricted Total Funds Funds 2024 Donatlons Donations 275 275 Grant5 CIN- 2022 National Lollery - MlIum Table Top - Lollery CC Swansea - Coast Poslcode Communlty TN51 Tesco Aex Fery Foundation 30.341 33.997 19.950 7,015 25.000 30,341 33,997 19,950 7,015 25,000 275 116,303 116,578 Expenditure on chariiable aGtivltles by fund type Unreslricted Funds Restricted Total Funds Funds 2025 Activity type 1 Support costs 859 136.533 1.625 137,392 1,624 139,016 859 138,158 Unrestricted Funds Restricted Total FLrnds Funds 2024 Activity type 1 Suptxwt costs 23 107,329 1,543 108,872 107.352 23 108,895 17
Mixtup Notes to the Flnancial Statements (conthiu8dJ Year ended 31 March 2025 Expendlture on charltable activities by activity type undertaken direcdy Support costs rtsL funds 2025 Total fun 2024 Activity type 1 G0verrW Go3ts 137.392 137,392 1,624 107,352 1,543 1,624 137.392 1,624 139,016 108,895 Independent examlnatlon fees 2025 2024 Fees payable to the independent examiner for= Independent examination of the financial statements 924 882 Staff costs The total staff costs and employee benefits for the reporting per are analysed as follows.. 2025 2024 Wages and salaries Employ8r contributions lo pension plans 95.107 1,522 64.409 96,629 65.278 The average head count of employees during the year was 12 (2024: 12). No employee received employee beneffts of more than £80,000 during the year {2024: Nil). Trustee remuneratlon and expense8 No remuneration or other benefils from employment with the chartty or a related enlity were received by the trustees. 10. Creditors: amounts falllng due wlthln one year 2025 2024 Trade creditors Accruals and deferred income Soclal securty and other taxes Other creditors 1,456 924 5,290 402 2,490 882 1,670 8,072 5,042 18
Mixtup Notes to the Financial Statements (conlth¢red) Year ended 31 March 2025 11. Penslons and oth8r post retirement boneffts Defined contribution plans Th8 amount re¢ognised in income or expelldire as an expense in relation to defined contribulion plans was £1.52212024= £869). 12. Analysis of charftable funds Unre8trlctèd funds At 11 March 202 At 1 April 2024 Income Expenditure Transfers General fvnd8 15,266 1.620 18591 5,395 21.422 At 31 March 202 At 1 Aprli 2023 In(¥Jme Expenditure Transfers General funds 8,452 275 (23) 6.562 15,266 19
Mixtup Notes to the Financial Statements (¢tyilhJued) Year ended 31 March 2025 12. Analy818 of charltable fund¥ (¢onllDuedJ R08trlcted funds At 51 March 202 1 April 2024 Income Expenditure Transfers Childrer) in Need Austin Bailey FndatiOn Garfield Weslon CIN- 2022 National Lottery- Medium Table Top - Lottery CC Swansea - Coast Postcode Community Trust Tesco Alex Ferry Foundation 18.716 {11.919) (6,79n 144.385 (88.4031 (8.723) (7,167) 4.723 60,705 12,397 21.120 7.282 1115) 20.378 (17,1721 (3,2061 1,000 5.000 1,000 226 (4,T14) 1138,1581 60.214 157.667 (5,3951 74,328 31 March 202 1 April 2023 Income Expenditure Transfers Children in Need Austin Bailey Fovndalion Garflgld Weston CIN-2022 National Lottery- Medium Table Top - Lottery CC Swansea- Coast Poslcode Community Trust Tesco Alex Fery Foundation 201 10,211 14.691 (201) {1,288} 18.9231 (26.316} 30.341 18,716 23.764 10.478 33.997 19.950 7.015 (53,038} 19,3071 (6,6651 (4,723) 21,121 (350) 25,0(X) (4,6221 20,378 59,345 116.303 {108,872} (6,5621 60,214 20
Mixtup Notes to the Flnancial Statements (c Year ended 31 March 2025 13. Analysis of net assets bgtwggn funds Unrestricled Funds Restricted Total Funds Funds 2025 Current assets Cr8dllors less than 1 year Net ass8ts 21.422 82,401 18,072) 74,329 103,823 (8.072) 95,751 21.422 unrestrted Funds Restiicted Total Funds Funds 2024 Current assets Creditors less than 1 year Ngt assets 15,266 65,258 {5,042) 60.214 80,522 {5,0421 75,480 15,266 21