REGISTERED CHARITY NUMBER: 1191535 Report of the Trustees and Unaudited Financral Staternents tor the Year Eniled 31 March 2025 for Bri9hter Fu¢ure$ Salisbury & Company Chartered Accounlanls Irish Square Upper Denbigh Road Sl Asaph DenbwJhshire LLI 7 ORN
Brighter Futures Contents of the Financial Statements for the year ended 31 March 2025 Page Report ol the Trustee5 Indèpendent Exarninerf5 Report Statement of Financbal Activities Balance Sheet Notes to the Financial Ststement$ 9 10 17
Brighter Futures Report of thè TwstÈ¢s for the year endèd 31 March 2025 The Iruslees presgnl their report with the financial statements of the chanty lor the year ended 31 March 2025. The trustees have adopted the provisions of A¢countin9 and ReKKJrbng by Chanb"es.' Statement of Recommended Practice appli¢able lo ¢harilies prepanng Iheir cOUnts In accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021 leHeclive l January 20191- OBJECTIVES AND ACTIVITIES Objectives and aims Our Vision.. We w11 develop a5 a robust arml resilient, localty led charity with the ab.lty to reduce ne9atNe Impacts of poverty on individua15 and farnilies by effectively utili51ng our phyEi¢al resour¢es. arKI community skills 10 grasp new opportunities. Our Purpose.. Our Charity exists lo improve emotKJnal and physical well-being of our ben8fiaaries by prowding activitie5 and services that reijuce the affect of wjverty. Isolation. and loneliness. Our Mission= We 11 provide a high-quality lacilily that is as energy effrcient and economtcally sound, from Ihe facility we will offer a wide range of Inclusive aclivilies and servi$ Ihat ¢rurage Indidual resilience alSIde community cohesion. Sl9nSfl¢ant a¢t1¥St$ Our Background Our charity 15 located in the most depnved ward ol Wales and vras fomie<l in 201B as a response lo the need for joined-up approach to tacklir¥J local iSss. crealiThJ opporlunity. and developiThJ resilient commun1ty action. Initial seeds were sown as lar back as 2014 when the Communities First Prograrnme was wlhdrawn from Wesl Rhyl. this left several small groups isolated and alone. the majority fa11ed and ck)5ed their doors. however a small number remained and slrugglÈd on. over time lttese groups look small steps tovfdrds appreciating and underslatKJ1ng each olher which developed a platform Iof dialogue. In 2018 with austerity rnpasures Itnpacling gwlty on indNiduals and grovps IDC811y. group leaders discussed ideas around Closer partnefship working and a new wnsorfium was created lor a "strength in number5" approach lo lackliry local issues. An audit was undertaken by members ol each group together lo Kjenllty a new facility thal could house a number of groups scallered around Ihe ward and reduce long term core runnsng by shanng SoUrces. An old pub called the Liverpool Arms which had been a blight on ovr community and caL+se for 5vJnificant cOnM for the police and lo¢al avlhority was shut down by the Courts just weeks belore the consortium was t)orn. In a scene miniS¢ent of Ihe 1984 movie Ghostbusters. Ihe group's leaders attended a viewng of the facility and il tninded us when Ihe ghoslbuslgrs dis¢uss the building IhÈy are viÈwng lo renovate into their headquarter5 and how Il is totally unsuitsble ari should rèally be wndemned. onty for another team member to slide down a firernan's pole say 'Ihis is great. lels sleep he loni9hll" However it was decided that despite IIE arnounl of work involved. Ihis vras a $19nifirant slatemenl lo make, showing that 'rag 13g" collective of Community uroups In the tnosl depnve(l aa In Wales could come together and lake on the redevelopmenl of the wofsl public house in the town and Iransforrn il into a beacon for a Brighter Fulure on a shoe string budget by invofving the whole community In the works, Iroffl poli officers and school leacher lo k)cal traders and yourw people all providing Iheir lime lo britvJ the building back lo life. Page 1
Brighter Future5 Report ol the Trustees for the year ended 31 March 202S ACHIEVEMENTS AND PERFORPMNCE Charitable activities Perlormance Community benefit.. We have run 870 separate acliwlie5 and ses5K)ns across multiple generatK)n$. Wè have supported 8 Community projects offsite. We have hosted 3 visits frotrTr other cornmunitl8S. We have Completed 10 Iiller picking sesgons. We have maintained 2 ¢omtnunity allotrrnts I green spaces. We have provided 43 coursesAraining sessions engaging over 150 IlIviu#ls. We have engaged and supported 33 volunteers We have achieved 4 new recognition awards and quality mark5. We arranged 5 social trips offsite. Expanded the Cofflmunity F1 being used by over 30 groups. Nurnber of Meals provided. 10.124. Hosted 3 connected communiliÈs meetings and even15 bwlh Skx>rted. Number of Une visits lo the facility". 19912 Rhyl Network We have partnered wth Sported lo develop the Connecled Communities Programme in Rhyl. hostin9 a series or inltsrmal meeting5 and building an online community of over 40 k)cal aftd wional oigan15alion5. The programrne airn5 lo strengthen collaboration and enable the sharing ol resources. This work 15 5upporled by the 8CT Comrnunity Anchor Programme. We hav8 recently launched a Community Fleel of vehicle5 available for k)ral groups. funded primanly by Ihe Gwynl y or Community Fund, National Lollery. Kbondance Foundation. and Steve Morgan Foundation. This Inilialive provides kjcal organisalions with aflordable Iran5POrt options. Additionally. we a developi a Shared Comrnunity Assets Bank. which 11 olfer evenls arKI sptsrts equipmenl to groups f2 of Charge. We a also exploring collaboralKJn wilh 1Compass arKI Hom&Slad lo expand Ihe fieel into Convry later this year. General A¢tlvltie$ We have continued to deliver our core proJec15 th slaffiw¥J primanly fund8d by th8 Steve MDrgan Foundation. Trust House Foundation and Tu(Jor Trust. Their support covers our essen11 staff cosls and has enabled tss to run Ihe Men's Shed. Women's Shed. Kidz Shed. Youlh Shed. Comtnunity Café. P3rent and Toddler grtsup. and Repair Café These daily actNities (Monday lo Fridayl promde safe, welcomiry spaces Ihal help reduce IsolatK)n and loneliness. offer practical and emotional support. arKI ensure peopk are fil, fed and connected. They form the foundalion ol our Core work. During the winter months. we also delNered three additional sessk)ns. a ¢hildrÈn's breakfast club. a family Club and a seniors. group. We have collaborale(J with severdl prwale sector partners io develop two new greening projects, which now provide fruit. vegetables and herbs for local people lo enjoy. In addition. we have been working to bLiild a slrcmwer network of comrnunity organisalions across the lown, increasing collaboration. creatiry new opportunibes. and supporting group5 to grow through shared k8rning and collective aclion Our Facility Our facility continues to be WrrrSto of our operalK)ns and ihe base from which all ou activities are deliverèd. (her the pasl year. we have made subslanlial energy-elticiency upgrades. improvin9 our EPC ralin9 Irom a G lo an A. This ha5 5LIed in significantly reduced energy Eosts while sbll enablin9 U5 lo expand the number ol se55ions and aclivilies we offer. Owning the building moVeS the burdeTh of rent. allDwing u5 to reinvest directly Into Irnprovemenls Ihal &nhance energy efficiency. accessibility. and adaptability. These developtnenls have rnade the cenlre an affordable. high quality space lor a wde range of extèrnal organ15alK)ns Including Oenbighshire Young Carers. Barnardo's. Young and Mindful ILGBT+l. Sported. and Con%¥y Connect lo delwef their services We also host the new Conneeled Cornmunilies group. an Informal partnership of rnore than 25 voluntary and statutory organisations working collaboralivÈty lo slrenglhen local support. Pag8 2
Briyht¢r Futu$ Rèport ol the Trustees for the year ended 31 March 2025 To further improve 8¢$$1b111ty, have Installed mobility-scller chargirKJ rx)Ints alor¥Jside the building. conveniently lo¢alÈd next lo the d15abled entrance 8nd free for users to at¢ess. In addilH)n, Ihe rear wall of the premises, adjacenl lo the sports aa. ha5 been tr3nsforme(J Into a climbing wall wlh multiple difficulty levels, providin9 children and young people wlh free. enjoyable. and healthy opportunrties lo be a¢tThfe. Our Volunt¢¢r$ Volunleers are at the heart ol our charity. They a e5senbal to our success at every level. and ensunn9 they are supported and celebrated Is 8 key pnorily_ This year, our volunteers have received essential training, iwJudir¥J. Safeguarding ChikIn & Vvlnerable Adulls Health & Safely First Aid and AED Food Hygiene and Wlergen Awarenes5 Manual Handlirvj Abrasive Wheels Safety PArf Testing Cooking and Bakery Ski115 Youth Work Sifver Smithing (Jewelry Makiryl We have celebrated our volunteers. achievemenls Ihrough inlernal awards certificates. day trips. and fun a¢livilies. 811 as part ol our ctrmmilment to Investing in Volunleers Iliv) slandar(Ss. Looking ahead. we have inlro(lu¢ed new measures over the next twelve Mth5 to provide ev8n wider and deeper support lo our volunteer leam. Our volunteers hav& conlnbuled Ihousan(Js ol hours SUPfK)rting Community groups, the Repair Café, comrnunily gardens. and vital adtninis1ratn wY)rk. making a real drfrQnCe in our local comrnunity Our Employees We continue lo ple a strong fCS on empknyee devebpment lo enhance Ihe overall effectiveness of our work. Because our tearn operates across a wde range of Ihornes atKI serwce areas, our training an¢J support needs are diverse. To ffleel these needs. we inlrodu¢ed new superwwon procedures and rolled CMJI an updated 8ppraisal system. Staff undertook a broad programtne of training. which included.. ILM Volunleef Management.. Safeguarditvj Children and Vulnerable Adults." Health & Salety". Sight Losslvision Avrdreness and BSL." First Aid an(J AEO use". Allergeri Awareness". Youth Work. sUpeIsn in a Youth Work context.. ACES". ADHD and AulEm Aw3retEss, and Dernentia and other cognitive needs. As part of our progress loward the Invesliry in Volunieers standards. applied key leainiw¥J lo embed principles and quality syslem5 that benefit both ¥mlunteers and p8NY slalf. We a150 inve51ed In team-building opportunities. su¢h a5 a visit lo Locked In following a Staff Iraining day. Addilionally. we closed the building for one week during Ihe wnler holidays foi a teatn shuldown, gbving staff dedicated lime lor wellbeing and a w811-de58Ned break. Our Trustees Over the past year, our leadership leatn has fernained strongty focused on governance. meeling regulady to review our progress. reflect on our Impa¢l. and rnake Informed decisions about IhÈ needs of our ¢hanly and the communities we serve. These d15CUS510ns ensure that our aclivilies remain purposeful, relevanl, and aligned with local prK)rities. Our Trustees also make Irequenl visrt5 to our groups. enabling them lo see firsthand work being ¢arried out and the difference Il makes. All policies and procedures have been Ihoroughty revie*td and updale(l. and we have cofilinued lo work towards enhanced quality standards. This demonslrales our Commitrnenl lo tranSpancY, accountability. and compliance, ensuring that our operations consislenlly renect our vi510n. mission. and organisalional pillars. We have 51rategically allocated resources lo maintain 51roThJ operational effecliv8ness, allowing us lo deliver high-quality services al low tost. 8y babncing efficiency. value for nN)ney. and quality. we continue lo mÈel Dur objectives responsibly and ¥uslainably. p¥oviding meaninglul benefits to our community. A partitular highlighl thi5 year has been achieving the Investing in Volunleers IIIVI accre(lilalion and continuing our work towards the Investing In People IIIPI standard Our Communlty Page 3
Briyhter Futur¢$ Report of the Trustee$ lor the year ended 31 March 2025 We remain committed to engaging wlh our community while eftsuring that our operations continue lo meet th& principles of T.RA.C.K- TransparÈnt. Regulated. Attountable. Compliant. arKI KnowdgeabIe. To achieve our TRACK obje¢lives. we have etnployed a vanety of rnethods. itludI(j". Regular soc1 media updates Digital meESia puCtIOnS atKI Short film5 Monthly staff. volunle&r. and Iruslee reporls Maintaining the Cornmunity HUB website HoslitvJ communily open day5 Issuit¥J p55 releases and news updaie5 Conducting cofflmunity wsils Undertaking internal and external consulta1)nS Organising netsrk lunehes and events These activities ensure that our Cmmunity remains inlomed. enga. and able to contribute lo shaping our work. reinforcing our commitment lo ac¢ountability and transparency. This yèar also sees us reaching oul lo the Yder tommunily wilh our r Poslcode Gardener and upcoming A-Team projects Highlights we love.. Launched the Community Arthor Pr(uramme and hosted groups from actOS5 Wales. Installation of a new Traversing Wall (x)nlinued development ol BT Garden. supporting outd(x)r 8Ctivitie5 and 5ki115 development. Youth & Kidz Shed programs Induded Forest S¢hty)ts skills. CPR lTriniThJ. performing arts workshDPS. blindfold football, litter pi¢ks and adventurous trips such as Cro¢ky Trails. Women's She¢ hosted wellness and laxatIOn Èvents. includiThJ medilalK)n.fa¢ials. and hand massages. providing supportive and empowering environmenl. Men's Shed engaged in cotnfflunity projects. includiry building a w(%en cart ror Rhyl Operatic siety, ¢aling an big Li51EniD9 ear for an influenciwvJ projec15. new signage fo¥ BAS The Rh ChrislrTia5 Float. and organ15ed various litter picks. Hosled the World's Biggest Coffee lAorni. for Macmillan and an MND Charity Cake Sale. stspporting I81 causes. Awards. Recognition and Reach Rhyl Men's Shed received a 10-year award from the VK Men's Shed Associalion. Namèd UK Men's Shed A$sl3110n Community Shed ol the Year. th the award Pfesenled al Ihe Houses of Parliament. One ol our volunteers. re¢ÈNed the DVSC K*)sl ()edicaled Volunleef of the Year awffird. BT Garden weived an award and recognition froffl Keep Wale5 Tidy. We hosted filmiw and media events. including BCT coverage al Brighter Fulures. Supported community clean-up Initiative5 and other local projects lo enhance civic pride. The year was rnarked by significant volunleer engagement. suceessful community projec15. recognition for achievement5. and new programs lo strengthen participabon an¢J wEllbeing across all age groups Thank you We are èxtremely fortunate lo be able to support our community and Improve peoples lives. this is made possible by our funders. supporters and partners, and we are humbled and graleful io each and every one for enabling our work in Rhyl STRUCTURE, GOVERNANCE AND MANAGEMENT Brighter Futures be¢amÈ a ie9islered Charity on 29 September 2020. The Chanty is manage<l by a board of Volunleefs. Volunleer CEO and a small team of paid employees and volunleers. REFERENCE AND ADMINISTRATIVE DETAILS ReyislerÈd Charity number 1191535 Principal addres5 34 Wellinglon Rciad Rhyl Denbh5hlre LL181BN Page 4
Brighter Futures Report of the Tru5tee$ for the year ended 31 March 2025 Trustees r5 J Jones Mis5 K Park Mrs J Owen Miss C Alen Mr S Poole Mrs J Simmonds Mr K Lewis Independent Examiner Salisbury & Cornpany Chartered Accouniants Irish Square Upper Denbigh Road Sl Asaph Denbighshire LL17 ORN 09/1212025 Appioved by order of the board of Iruslees on.........._... . and $igne¢J on its behalf by.. 4LisofAJljTrDl? Mrs J Owen - Twstee Page 5
Independent EXamineS Report to the Tru5tee5 of Bri9hler Fulures Independent e¥amlntr'$ report to the trustees of Brighter Futures I report lo the charity trusl88s on my examination of the a¢counts of Brighte( Futures Ithe frusll for the year 8nded 31 March 2025. Responsibilities and basis of report As the ¢harity Iruslees of Ihe Trust you are re5POn51ble ltsr the preparation ol Ihe acwunls In a¢¢ordan¢e wlh the requirements of the Chanlie5 Acl 2011 I'lhe ACVI. I report in respect ol my exarninalK)n of Ihe Trust'5 accounts carried out under Section 145 of the Act and in carrying Out rny exarnination I have followed all applicable Directws given by the Chanty Comrnission under Section 14515llbl of the Acl. Independent examiner's statement Since your charivs gross income exceeded £250.0(KJ your examiner musl be a member of a Iisled body. I ran confirm th81 l am qualified to undertake the examination because l am a member of the '"ERROR - levant profession81 body musl be completed.". which is one of the listed bcKlies. I have completed my examinalion. l confirm Ihat no malerial mallers have ¢(me lo my altenlDn in connection th Ihe examInaln giwng me Cause lo believe that in any tnalenal respect accounting records Yre not kept in respect of the Trust as required by Seclion 130 of the Act, or the ac¢ounls do nol accor(I vAlh those fecords, or the accoun15 do not cornply wilh the applicable requirements concerning the form and content ol accounts sel out In the Chanlies (Accounts and Reports) Regulations 2008 other than any quireent that the accounls give a true and fair view which Is not a tnaller considered a5 part of an independent examination. I have no concerns and have come across no oiher matters in ¢onneotKJn wlh the examina110n lo which attention should be drawn in this r8pDrt in order lo enable a proper undetslanding of the a¢1$ lo be ?¢ed. Aled Roberts Salisbury & Cornpany Chartored Accounlanls Irkgh Square Upper Oenbi9h Road Sl A5aph Denbighshi LL17 ORN 09/1212025 Dale. Page 6
Brighter Futures Statem*nt of Financial Activitie5 for thÈ yÈar ended 31 March 2025 2025 Total funds 2024 Total funds Unrestncled funds Reslricted Funds Endowment fund Notes INCOME AND ENDOWMENT5 FROM Donalions and 18gaci8S 13.486 13.485 15.176 Charitable activitie5 Cost8 of gÈneraling voluntary income 44.036 264.598 308,634 175,813 Olher trading a¢livities 18,318 18,318 13.963 Total 75.840 264,597 340,437 204,952 EXPENDITURE ON Raising funds 33.120 37.146 70.266 72.862 Charitable activities Costs of 98rating voluntary incorne 79.558 163.648 243,206 137,843 Total 112.678 200.794 313,472 210.705 NET INCOMEIIEXPENDITUREI Transfers between furid$ 136.8381 16,974 63.803 116,975) 26.965 15.7531 10 Ntrt movement in lunds 119,8641 46.828 26.964 15.7541 RECONCILIATION OF FUNDS Total funds brought forward 74.429 246,302 320,731 326,485 TOTAL FUNOS CARRIED FORWARD 54.565 293.130 347.695 320.731 The ¢M)les fomi part of these financial statements Page 7
Brighter Futures Balance Sheet 31 March 2025 2025 Total funds 2024 Toial funds Unreslricled funds Restricted lunds EThlobvmenl fund Notes FIXED ASSETS rangible assets 60.306 220.038 280.344 299.737 CURRENT ASSETS Debtors Cash at bank and In hand 528 1.065 728 80,073 3,890 49.307 79.008 1.593 79,208 80,801 53,197 CREDITORS Amounts falling due wlhin one year 17.3361 16.1141 113.4501 132,2031 NET CURRENT ASSETS 15,743 73.094 67,351 20.994 TOTAL A55ETS LESS CURRENT LIABILITIES 54.563 293.132 347.695 320,731 NET ASSETS 54.563 293.132 347.695 320,731 FUNDS Unrestricted funds Restricted fund5 10 54,563 293.132 74.429 246.302 TOTAL FUNDS 347.695 320.731 The financial slalemenls were approved by Ihe Board of TteeS and aulhorised for issue and were signed on 115 behall by". on r5 J Owen- Trustee The notes form part of Iheso financial slatements Pèje 8
8riyht¢r Fu¢ure$ Note5 to the Financial 5taternents lor Ihe year ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial slalemenls ol thè charity, which Is a publi¢ benefit entity under FRS 102, have been prepared in ac¢ordancÈ with thè Charili&s SORP IFRS 1021 'Ac¢ounling and Reporting by Charities." Slalemonl of Re¢ommended Po¢ti¢e applicable lo charibes pparIng their accounls in accordan with the Finan¢ial Repc>rting Slandard applic3ble in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191.. Financial Reporting Standard 102 'The Financial Reporting Standard applicable In the UK and Republic of Ireland. and Ihe Charities Act 2011. The financral 5talernents have b88n prepared under th8 histoncal cost Conven1. Income All Incorne recogni5ed in the Slalernenl of Financial Activilies on(% Ihe charity has enb'lIenI lo the fund5. It is probable that the incorne wll be received and Ihe amount can be m8asured reliably. Exp•nditur• Liabilities are recognised as expenditure as soon as Ihere is a legal or rDnslructivÈ obligation comrnitting the charity to that expenditure, Il Is probablÈ Ihal a transfer of e¢onomic tnefils wll be qUired In selllÈm8nl and the amount of the obligation can measufed re13b1y. Expenditure is a¢¢ounle<l for on an a¢¢ruals bas15 and has been ¢lassilied ufider headings Ihal aggregate all ¢osl related lo the category. Where ¢osls cannol bè di¢1 allribuled lo particular heèding5 Ihey have been alk)caled lo activities on a basis con5151enl with the use Of SourCes. Tangible fixed assets Deprèciation Is provided al the following annual rates in (Kder lo vfflt8 olf each asset over Ils estimated useful Fr88hold prop8rty Improvements lo property Plant arKJ machinery Fixtures and fittings Motor vehi¢les Compuler eouipmenl 2% on st 10% on cost 20% on o)sl 20% on cosl 20% on cosl 33% on cosl Taxation The chanty 1s exempl trorn tax on 115 charitab actwikne5. Fund accounting Unreslricl&¢J funds r3n be used In accordance wth the chanlable objeclwes al the diS¢tion ol the truste8S. Restricted funds can only bÈ used lor parl]¢ular re$led purposes thIn the objects of the ¢h8rity. Reslric110ns arkse when spe¢ified by the dMor or %•then hjnds a raised for particular tricted purposes. Further explanation of the Thatu and PUWDse of each furKJ 15 included in Ihe notes lo the financial 51atemenl$. Pension costs and other post-retirement bÈnÈth"ts The Charity operates a defitEd colllnbulion pension 5cl*rne. C0ntnbulns payable lo the charity's pension scheme are charged lo the Slalemenl of Financial AclMlie5 In the period to which they relale. OTHER TRADING ACTIVITIES 2025 2024 Fundra15ing 8vents Cafe Income 3.725 14.593 2.050 11,913 18.318 13,963 Pa9e 9 continued...
Brighter Futures Note5 to the Financial Statements conltnued for the year ended 31 March 2025 RAISING FUND5 Raising donation5 and legacies 2025 2024 Supporl cosls 68.381 72,458 TRUSTEES. REMUNERATION ANO BENEFTTS There We no trustee5' remuneration or olher benefits lor the year ended 31 March 2025 nor for Ih8 year ended 31 March 2024. Trustees. expense5 During the year ended 31 March 2025 E12012024.. £4041 was 1mbursed lor dI¢Y Incutred Iiavel and general expenses lo 2 Trustee's. COMPARATNES FOR THE STATEMENT OF FINANCLAL ACTMTIES Unreslricled Restricted funds funds Endowtnent fun(J Total funds INCOME ANO ENDOWMENTS FROM Oonalions and legacEs 15.175 15.176 Charitsbl* activitie5 Costs of generating vdunlary income 23.283 152.530 175,813 Other trading a¢tivities 13.963 13,963 Total 52.421 152.531 204.952 EXPENDITURE ON Raising funds 55.853 17.009 72.862 Charitable activities Costs of generaliro vduntsry In¢ome 29.740 108.103 137.843 Total 85.593 125.112 210,705 NET INCOMEIIEXPENOITUREI 133.1721 21.621 27.419 121.6221 15.7531 Transfer5 between lunds Net movemenl in funds 111.5511 5,797 15,7541 RECONCILIATION OF FUNDS Total funcss brought lorwar(J 85.983 240.502 326.485 TOTAL FUNDS CARRIED FORWARD 74.432 246.299 320,731 Page 10 onlinijed..
Brighter Futures Notes to the Financial Statements continued for the year ended 31 March 2025 TANGIBLE FIXED ASSETS Itnprovernent5 Freehold property Plant and machinery propeity COST At 1 April 2024 Additions 161.354 127,891 382 At 31 Mafch 2025 161.354 127.891 382 DEPRECIATION Al 1 April 2024 Charge lor year 8.629 3.227 26.508 12.789 70 Al 31 March 2025 11.856 39.297 254 NET BOOK VALUE Al 31 March 2025 149.498 88,594 128 At 31 March 2024 152,725 101,383 198 Fixtu and rittir ktjlor vehic$ Computer equipmenl Tol81s COST Al l Apnl 2024 Additions 11.027 5.575 38.0 16,124 2.697 354.778 8.272 Al 31 March 2025 16.602 38,000 18,821 383.050 DEPRECIATION At 1 April 2024 Charge for year 3.107 1.520 5,274 7.600 11.339 2.459 55,041 27,665 At 31 Mar¢h 2025 4.627 12.874 13.798 82.706 NET BOOKVALUE Al 31 March 2025 11.975 25.126 5.023 280.344 Al 31 March 2024 7.920 32,726 4,785 299,737 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Prepayrnenis and accrued Income Prepayments 3,328 562 728 728 3.890 Page 11 Continued
Brighter Futures Notes to the Financial Statefflents continued for the year endèd 31 M#r¢h 2025 CREDITORS.. AMOUNTS FALLING OUEWTTHIN ONE YEAR 2025 2024 Bank loans and overdrafts Isee mle 91 Taxation and Social security Other credito 6.707 6.743 440 4.082 27,681 13.450 32,203 LOANS An analysi8 of the malurily of loan5 IS given below.. 2025 2024 Amounts falling due wlhin on& y8ar on demand.. Bank overdrafts 6.707 440 The bank loan detailed above relates to expenditu in¢urred on the PoliTr and 8urbo fund. In accordan with the funding agreement. funds were requi lo be spent pTh)r lo reiTnbuf5etnenl. The full amount was succe55fully reclairned after Ihe year end. 10. MOVEMENT IN FUNDS Nel movemenl in hJThJs Transfers bet¥¥een runds At 3113125 Al 114124 Unrestrbcted lunds General fuTKJ Garfield Weslon DVSC 74.429 137.6651 805 20 16,974 53.738 805 20 74.429 {36.8401 16,974 54,563 Restricted funds Steve Morgan Foundation Gwynt y Mor Fund WalerkK) FoundalH)n Moondance Community Foundation In Wales Rhw Comtnunity Partnership WCVA Welsh Governrnent G + V SUP Conwy Truslhouse Tudor Trust The Neumark Foundation The National lottery CADP 18.445 32.730 7.254 8.060 13,0501 4,887 18.2421 5.919 9.781 14011 16291 13.8921 13921 5.428 18.0081 13.4371 12.0781 44.198 13,052 438 13641 11.8851 12.4921 4.067 500 5.000 4,089 1,316 15.395 37.617 988 13.979 9,781 1,224 1,884 163.024 341 7,976 3.400 1.224 2.513 166.916 733 2.548 17741 {4871 7.140 401 12.182 3.924 5,062 8.789 13,052 438 135.4091 Greggs Foundalk)n Community MSCT Green Dvjilal Fundin9 Burbo poli (Pacll DCC COGOG Tesco DLL Poslcode Gardener- Friends ol Ihe Earth Street Games 364 11.8851 12.4921 4.067 500 5,575 4,089 1,316 575 246.302 63.805 116,9751 293.132 TOTAL FUNDS 320.131 26.965 347.695 Page 12 tontinued...
Brighter Futures Notes to Ihe Financial Statements- ¢ontinued for the year ended 31 March 202$ 10. MOVEMENT IN FUNDS - continued Nel movemenl in funds, Induded in the above are as follows. Iwming sources Resources expended Movefflenl In funds LlnrestrictÈd funds General lund Garfield Weston DVSC 33,339 20,002 22.498 171,0041 119,1971 122,4781 137.6651 805 20 75,839 1112.6791 136,8401 Restricted funds S18ve Morgan Foundation Gwynt y Mor Fun Waterloo Foundation Moondance Community Foundation In Wales Rhyl Community Partnership WCVA Welsh Govemtnenl C + V SUP Conwy Tru5thouse Tudor Trust The Neumark Foun(JalKTrn The National lollery CADP Gre99s Foundation Community MSCT Gen OKJilal FuTTrding Burt Police (Pacll DCC COGOG 186 24.983 13.2361 120.0961 18.2421 16.9251 15.3811 14011 16291 13.8921 13921 17,1721 141,0101 127.0281 12.0781 135.8081 14.7481 11.9221 16.0881 11.8851 12.4921 14,7971 13.0501 4.887 18.2421 5.919 9.781 14011 16291 13,8921 13921 5,428 18,0081 13.4371 12.0781 44.198 13.052 438 13641 11,8851 12,4921 4,067 500 5.000 4,089 1.316 12.844 15.162 22,600 33,002 23,591 80.006 17.BOD 2.360 5.724 8,864 500 5,000 7,600 4,376 Tesco DLL Poslcode Gardener- Fnends of the Earth Street Games 13,5111 13.0601 264.59B 1200.7931 63.805 TOTAL FUNDS 340.437 1313.4721 26,965 Page 13 continued.
Brighter Futures Notes lo the Financial Slatements continued lor the year Ènded 31 March 2025 10. MOVEMENT IN FUNDS- continued CL)mparati¥$ fcr mo¥emenl In funds Net movement in lunds Transfers betrween lunds Al 3113124 Al 114r23 UnrÈstrlcted lunds General fund DVSC WCVA Kickstart 81.686 131.8641 24.607 74,429 4.297 14.2971 85.983 133,1751 21.621 74.429 Restricted funds Steve Mor9an Foundabon Gwnl y Mor Fund Waledoo Foundation Moondance Comrnunity Foundation in Wales Rhyl Cornmunity Partnership WCVA 15.541 6,939 6.387 6.253 9.388 2,904 26.665 8.270 1.807 14961 18.445 32,730 7,254 8,060 18741 17.403} 18,8921 1.224 2.394 1,224 2.513 166.916 4.530 170.808 9,334 5,907 1.681 3.734 14.4111 13.8921 17.2371 11.7011 867 12.0071 1487} 7,140 Welsh Governrnenl Heritage Lottery C + V SLIP Conwy Truslhouse Tudor Trust The Nputnark Foundalun The National lollery 12.0971 13.4731 733 2.548 17741 14871 7,140 12.5011 240.502 27.422 121,6221 246,302 TOTAL FUNDS 326.485 15.1531 320.131 Comparative nel rrK)vemenl In luwKJ5. included in the above are as folbw5". Incorni resource5 Resource5 expenLled Movetnent in funds Unrestricted fund$ General fund DVSC 52,421 184,2851 131,8641 52.421 185.5961 133,1751 Re$tri¢ted fund$ Slove Morgan Foundation Gwynl y Mor Fund Walertoo Foundation Moondan¢e Community Foundation in Wales WCVA Welsh Govemmenl Herilage Lollery C + V SUP Conwy Truslhouse Tudor Trusl The Neurryark FOujaIlOn The National lottery 19.969 33.595 11.801 10,401 9.000 117.0651 16.9301 13.5311 18,5941 19,4961 14,4111 13.8921 17.2371 11.7011 121.7311 135.0071 12,6531 12.8611 2.904 26.665 8.27D 1.807 14961 14.4111 13,8921 17,2371 22.598 33.000 2.166 10,001 867 12.0071 14871 7.140 152.531 1125.1091 27 422 TOTAL FUNDS 204.952 1210.7051 15.7531 Page 14 continued...
Brighter Futu$ Notes to thÈ Financial StJtemeril$- continued lor the year ended 31 hlarch 2025 10. MOVEMENT IN FUNDS - ¢on¢inued A current year 12 month5 and prKJr year 12 monlhs combined position is as folbw5" Nel moven*Tht in ndS Tran5fer5 between lunds At 3113125 Al 114123 Unre5trfGted lund5 General fund Garfield Weslon ovsc WCVA Ki¢kslart 81.686 {69.5291 805 11,2911 41,581 53.738 805 20 4.297 14.2971 85.983 170.0151 38.595 54.563 Restricted funds Steve Morgan Foundalion Gwynl y Mor Fund Waterkx) FoundalK)n Moondance Community FoundalK>n In Wales Rhyl Cornmunity Partnership WCVA Welsh Government Heritage Lollery C + V SUP Conwy Trusthouse Tudor Trust The Neumark Foundation The National lottery CADP Gregg5 Foundalion Community MSCT Green Dyital Fundi Burbo Police IPa¢ll DCC COGOG 15.541 6.939 6.387 6.253 9.388 1146 31.552 28 7.726 9.285 14011 15.0401 17.7841 17,2371 12 0931 6,295 110,0151 13,9241 5,062 44,198 13.052 438 13641 11.8851 12.4921 4.067 500 5,000 4,089 1.316 15,395 37.617 18741 16.4151 13.979 9,781 1.224 1.884 163.024 18.8921 1.625 2.394 170.808 9,334 5.907 1.681 3.734 12,0971 13.4731 341 7.976 3,400 9.681 3,924 5,062 8,789 13.052 438 135.4091 364 11.8851 12.4921 4,067 500 5.575 4.089 1.316 Tesco DLL Postcode Gardener- Friends of the Earlh Street Games 575 240.502 91.227 138.5971 293.132 TOTAL FUNDS 326.485 21.212 121 347.695 Pa9e 15 continued...
Brighter Futures Notes to the Financial Statements- continued for the year ended 31 March 202S 10. MOVEMENT IN FUNDS- conlinued A current year 12 rnonth5 arKI pIr year 12 monlhs combined nel movemenl in funds. included in the above ar& as follows. Incomi our¢es Resources expende(I Movement in furKIs Unre$trl¢led funds General fund Gartield Weston DVSC 85.760 20.002 22.498 1155,2891 119.1971 123.7891 169,5291 805 11.2911 128.260 1198,2751 170,0151 RestrictÈd lunds Steve Mtsryan Foundation Gwynl y Mor Fund Waledoo Foundation Moondance Community Foundation in Wales Rhyl Cornmunity Partn8r5hip WCVA Welsh Govemmenl Herilage Lollery C + V SUP Conwy Twslhouse Tudor Twsl The Neutnark FoundatK)n The National bttery CADP Greggs Foundation Community MSCT Green Digilal Funding Burbo Police (Pacll OCC COGOG Tes¢0 DLL Posl¢ode Gardener- Friends of Ihe Earth street Garnes 20,155 58,578 11,801 23,245 24.162 120,3011 127,0261 111.7731 115.5191 114.8771 14011 15,0401 17.7841 17.2371 12.0931 138.9031 176,0171 129.6811 14,9391 135.8081 14.7481 11,9221 16,0881 11.8851 12,4921 14,7971 11461 31,552 28 7.726 9,285 14011 15,0401 17.7841 17.2371 12.0931 6.295 110.0151 13.9241 5,062 44,198 13.052 438 13641 11.88S1 12.4921 4,067 500 5,000 4,089 1,316 45.198 66,002 25.757 10.001 80.006 17.800 2.360 5.724 8.864 500 5.000 7.600 4,376 13,5111 13.0601 477.129 1325,9021 91,227 TOTAL FUND5 545.389 1524, 1771 21.212 CAPITAL COMMITMENTS 2025 2024 Contracted bul nol ptovvjed lor in the financial statement5 Dun[ the year en(Sed 31sl March 2022. the Chanlable Company Purchased the property on Wellinglon Road, Rh lor an eslimaled £161.354. Page 16 continued...
Briyhter Futures Notes lo the Financial Statements - rontinued lor the ar ended 31 March 2025 12. REL4TED PARTY DISCLOSURES The trustees have rnade the decision to merge Rhyls Shed th Brighter Futu$ as al 30.06.22 and have assumed the a5set5 and Ik3bililies ol RMS. RMS ts no kjnger a going concern. Page 17