4 / 5 James St., Porthcawl, CF36 3BG Tel. 01656 783962 E: info@sustainablewales.org.uk www.sustainablewales.org.uk X (twitter) @SusWales www.facebook.com/sustainablewales YouTube 

Mae Cymru Gynaliadwy (Rhif cofrestru 1200330). Sustainable Wales is a charitable incorporated organisation (registration number 1200330). 

Founded in 1997 as an unincorporated charitable trust. 

-Wales’ longest established sustainability charity- 



## **Sustainable Wales Cymru Gynaliadwy Annual Report 2023-24** 

## **Chairperson’s Report** 

Last year was the hottest on record, with temperatures soaring to 34.8C in the UK. Wildfires have been sweeping through Europe, hurricanes are becoming more frequent out of season, and crops are being ravaged by both floods and droughts, pushing ecosystems to the brink. 

Sustainable Wales’ work continues to respond to these growing concerns, with ‘informed’ and community engagement activities. 

All the 4x films Sustainable Wales produced ( **Sleepwalking into Climate Change?** ), outlined below, aim to locate climate change in the place where we live and stimulate debate and action. Porthcawl, Bridgend, will not be without climate problems, asking us to consider how do we respond now to manage any potential risk? 

Climate concern is definitely expressed. The young people interviewed sound confused because they say that they cannot see political action. The contributors (public, scientists, NGO’s, politicians) make an articulate case for clear, climate action, in Bridgend Borough and Wales itself. 

The film's exploration of local perspectives and science behind climate change, with a backdrop of Porthcawl images, is powerful. Its conclusion, which focuses on solutions and actions, transforms it into a motivational call to action. 

Sustainable Wales as Producer/Director meant organising contributors, establishing locations, a filming schedule, providing editorial support to the fantastic ‘Mud and Thunder’ film company and then developing a promotional launch was **the** major task this year. Ella Williamson, as a young ‘Climate’ graduate took a lead part in the films. Trailer… https://youtu.be/g5xlgT9FaRY?si=8SlkLFMfZfQKRrns 

**Co-production** is the process whereby professionals (e.g. workers in government and community organisations) _collaborate with citizens,_ in genuine partnership, to enhance communities and public services. This contrasts with public consultations whereby professionals _seek the views of citizens_ about plans that are proposed by professionals. 

As residents with a ‘lived’ experience of Porthcawl the community groups involved in ‘ **Better Porthcawl’** hope to work constructively in partnership with politicians, officers and experts within the County Borough of Bridgend to share the vision, ideas, design and delivery of the areas of land outlined in the Regeneration of Porthcawl Place-Making Plan. 

Sustainable Wales Annual Report 2023-24 

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The ‘Well-being of Future Generations Act’ underlines the importance of actively engaging and listening to people on critical issues which affect their future. Sustainable Wales are delighted to help with this. 

The successful applications last financial year, of the ‘ **Warmer This Winter** and **Postcode Lottery** grants advanced further our activities organised by Sustainable Wales’s **part-time Local Sustainable Development Officer** , Ella Williamson. 

The Project Officer’s Aims were to… 

- set-up and support the development of a young person’s climate & nature emergency group 

- provide admin. support for the production of a (climate) film and its distribution 


- coordinate a Porthcawl-wide (regeneration/sustainable development) community partnership 

- respond to requests from the community 

It is also good to see the start of **Porthcawl Repair Café, located in the Green Room above SUSSED.** They reduce landfill, loss of raw materials, saving energy, pollution and money whilst helping us work towards a more sustainable future. Cafes are also social; people meet friends and can learn new skills. 

I express my thanks to the support offered by the Directors of SUSSED i.e. free office and Green Room hire; to all those who have helped this work - the many contributors, the volunteers and co-directors of the CIO. 

## **Richard Thomas,** _**Chairperson Sustainable Wales**_ 

**(Other Trustees: Margaret Minhinnick, Luke Evans, Elen Jones. Advisors: Peter Morgan, Robert Minhinnick, Martin Little.)** 

Local Sustainable Development Activity 

## **1. Young Peoples Group.** 

   - Despite the initial difficulties, to establish a regular young person’s group, due to the pressures students faced with school and extracurricular activities, collaboration did occur. Young people helped with the creation of four highdefinition films, see below… 

2. **‘Coffee and Climate’** , was completed this year and is a short flm about how climate change is already affecting the growing conditions for the coffee producers. Thus, sooner or later ourselves, with supply-chain difficulties and potentially loss of income. Coffee being a massive worldwide commodity, sold everywhere. 

Sustainable Wales Annual Report 2023-24 

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The young people had experience of interviewing contributors Jenipher and Nimrod (the chair and deputy chair of a large farming co-operative in Uganda) and Elen Jones who imports the coffee into Bridgend Borough. Images of Porthcawl coffee bars feature to register with the viewer a local impact. 


3. **‘Sleepwalking into Climate Change?’** was a series of three short flms also produced largely in Porthcawl hoping to kick start action on climate change. 

The Welsh Government grant-supported the launch of our films as part of their ‘Climate Conversations’ work, which was gathering evidence across Wales to inform a new ‘Just Transition Framework’, to be published in 2024. 

The public launch aimed to bring people together, alongside politicians, forming new partnerships and to begin working on community Climate Action Plans. 

## Filming involved… 

SW’s Local Development Officer, Ella Williamson, who interviewed, held filmed conversations in the street with the public; school students; NRW scientist (Geoff Hobbs); academic Bangor Uni School of Ocean Science (Dr Peter Robins); NGO’s (WWF Cymru, Director Gareth Clubb, Community Energy Wales Co-Executive Director, Leanne Wood) two members Bro Ffestiniog Citizen’s Assembly); Cenin Renewables (Martyn Popham), the Hi Tide (Geoff Dower) and politicians (BCBC leader Huw David, MS Sarah Murphy and Town Cllr Jonathon Pratt). 

Sustainable Wales Annual Report 2023-24 

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The launch allowed the 100+ strong audience of public, councillors, Bridgend Borough staff and the Council’s Leader to watch each film and with the help of facilitators create time for discussion after each one. Some of the responses and ideas from the audience, were captured via notes and film… which were forward to the relevant Welsh Government Department. 

Further activity is planned making use of the films, enabling local ‘Climate Conversations’ i.e. community discussion groups held to motivate action. 

This series of films is produced by charity Sustainable Wales and film company Mud and Thunder. Financed by ‘Warm This Winter UK’, the ‘Postcode Lottery’ and some of Sustainable Wales reserve funds, we are grateful for their and Climate Cymru’s support. 




## 4. **Better Porthcawl and Porthcawl Waterfront Regeneration.** 


‘Better Porthcawl’ the community partnership formed at the end of last financial year, advocating for more public involvement during the regeneration of Porthcawl’s waterfront was maintained. 

Ella Williamson continued to organise bi-monthly meetings to devise strategies for encouraging Bridgend County Borough Council (BCBC) to work co-productively with the community. 

Sustainable Wales Annual Report 2023-24 

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The main groups involved (Sustainable Wales, A voice for the future - Porthcawl, Porthcawl Civic Trust and SUSSED) are all requested to participate in the ‘stakeholder engagement’ events (alongside others) organised by the BCBC Regeneration team from time-to-time. These meetings are in advance of the wider public consultation events offered later. 

Members of the partnership regularly communicated updates to the wider public via social media and the Sustainable Wales website, whilst regularly requesting further wider community involvement. 

Ella provided updates and talks to Porthcawl Rotary, Porthcawl Athletic Club, The Stroke Community, and a stall for the Nottage Guild Women's Institute. 

Sandy Bowl, one of the sites for regeneration, was the outside location we used for one community discussion. A successful school art competition was organised where children submitted their ideas for the Open Spaces within the regeneration. Bridgend County Borough Councillor Neelo Farr judged the competition. The designs were submitted to the Regeneration team. 

**https://www.sustainablewales.org.uk/porthcawlregen** 

## 5. **Training and Co-production Course.** 

Ella learned a lot about urban planning and community development as time progressed. She completed a Nature Wise Course with Cynnal Cymru (Eco-Literacy) and also online a CoPro Cymru training course. 

Although co-production has been talked about for a long time, little is known about the ‘craft of co-production’, the skills that professionals require to co-produce effectively with citizens. Ella has said that she will be able to reflect on the this throughout her career. “I learned the importance of ensuring everyone's voice is heard equally and how to foster collaboration for mutual benefit.” 

## 6. **Porthcawl Pop-up Repair Café** started with the 

help of new skilled volunteers, later in the financial year on saturdays,10.30am-12.30pm above SUSSED. Joining increasing public concern regarding the climate emergency and resource loss, bringing back repair and reuse into daily life. 

Other Community Activity included 

- Joining Porthcawl’s ‘Victorian Day’ as we set up a mulled cider, mince pies and homemade soup stall. 

- Organising a Beach Clean Silent Disco and then developing other regular beach cleans with Churches Together and the COOP store. 


Sustainable Wales Annual Report 2023-24 

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- Joined in the Big Green Week with BAVO in Bryn Garw Country Park 

- Beginning the planning Porthcawl ECO DAY- with BAVO (Bridgend Association of Voluntary Organisations), Awen and STEER 

- Other Talks: Reducing Plastic Waste – Nottage Primary, 

- Climate Clever Conversations with Porthcawl Stroke Society 

- Porthcawl Chamber of Trade – helping them consider responses to the ‘climate’ and ‘green’ agenda. 

- Organised with Porthcawl Chamber of Trade a visit to Cenin Renewables, Stormy Down. 

## Fairtrade & Outreach 

**Launched at the 15[th] Anniversary of Fairtrade Wales event in the Welsh Senedd** , our short flm ‘ **Coffee and Climate’** , featuring Ugandan Coffee farmers from **Jenipher’s Coffi,** also included images of most of the coffee and snack bars in Porthcawl town. This fairtrade video was shown to the **Porthcawl Chamber of Trade** group in Summer reminding them of the economic importance of this **one** commodity. 50% of the land in coffee growing areas will be lost by 2050 due to climate change. 80% of UK food is imported from 500 million family farms – (source, UN Food and Agriculture Organisation) 

It has been seen by other groups across Wales, thanks to further promotion by Fairtrade Wales and has been distributed via social media. 

Once again SW joined with our sister organisation, not-for-profit SUSSED to hold a local, green and fairtrade stall at the three-day ‘ **Between The Trees, Festival’** , held at **Merthyr Mawr** , Bridgend. We have a new gazebo which was used for the first time at the festival. 


Sustainable Wales Annual Report 2023-24 

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Culture - The Green Room and Gorwelion **www.sustainablewales.org.uk/gorwelionhome** 


**The Green Room** hosted some memorable events. https://www.sustainablewales.org.uk/green-room 

These included performances from a number of established writers: Abeer Ameer, Phil Cope, Mike Jenkins, James Roberts, Hilary Llewellyn Williams; A celebration of Dannie Abse, with also a reading by Dannie’s partner, Lynne Hjelmgaard. 

Another celebration was of writer Duncan Bush, and a reading by his wife, Annette Weaver. 

Open mics featured in all the events for local writers to air their work to a ‘live’ audience. 

Recordings of Green Room events can be found here: https://www.sustainablewales.org.uk/podcastindex 

## Successful Gorwelion events were held in… 

Association of Welsh Writers in English conference in Newtown, May 2023, with two performances. 

Sustainable Wales Annual Report 2023-24 

8 



Also Caersws, Fitzrovia in London; Newport; Cardiff; Bangor. Thanks to Steve Griffiths; Merryn Hutchings; Laura Wainwright; Rebecca Wainwright; Todd Swift; Zoe Skoulding. 

Our new support for ‘ **Save the Gwent Levels’** campaign will begins April ’24 in Newport, working with RSPB, Friends of the Gwent Levels and local writers. 

## Networks we participate in 

- BAVO – Bridgend, started the development of a green network for Bridgend. 

- Climate Cymru network 

- WCVA Future Generations Commissioner meetings 

- Community Energy Wales meetings 

- Fairtrade Wales 

- Bridgend’s County Borough Council Coastal Partnership Forum 

- Porthcawl Town Council 

- Welsh Government’s Climate Action Wales-Community Engagement 

Sustainable Wales Annual Report 2023-24 

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## **Promotion and Social Media** 

We use a combination of social media, printed leaflets, newsletters and our website blogs to showcase news items, promote campaigns and highlight our events. The email newsletter links to items on our website and campaigning posts on social media. 

The platforms we use most are: 

YouTube https://www.youtube.com/@sustainablewales Our many films are available to view and share on our channel. 

facebook https://www.facebook.com/sustainablewales/ 

Across the period April 2023 to April 2024 reach was 12,100 +85% yoy, content interactions were up 314% at 609 actions taken on our posts. The number of followers was 4888. Demographics 54.2% women 45.8% men with the biggest age group being over 45. Majority of followers were active most on Monday lunchtime. Paid promotion is not used. No paid adverts were used in the period. 


Sustainable Wales Annual Report 2023-24 

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Twitter / X https://x.com/SusWales 

2340 followers, on twitter since 2010. 

Instagram https://www.instagram.com/sustainablewales/ Recently started, generally posts similar content to X and facebook. 

Linkedin is also used by Margaret Minhinnick to spread news and information about our activities. 

On our site the blog is updated regularly https://www.sustainablewales.org.uk/blog also an audio podcast is available for Green Room events https://www.sustainablewales.org.uk/podcastindex 

Sustainable Wales Annual Report 2023-24 

11 



## **2023-24 Annual Report Financial Statements** 

The 2023/24 financial year marks the second year of activity, since the charity was reconstituted from a charitable trust (1997 - 2022) to a CIO. This year saw the charity make a loss of £424 (unrestricted), or £29,876 (including restricted grant funding). Whilst this headline figure represents a marked decrease in funds from the previous financial year (net profit of £33,257), it is important to note that this loss was almost entirely composed of drawing down a number of restricted grants, as several grantfunded projects drew to a close. These grant funded activities included the creation of the ‘Sleepwalking into Climate Change’ campaign/film series and contracting a Sustainable Development Coordinator for 18 months (whose role included coordinating the Better Porthcawl and Young Persons Climate Group and organising several climate change-focussed events). 

As with the previous year, premises costs remain notably low (£2,768 annually) despite wider concerns about rising overheads in every sector This is in large-part due to the ongoing office-sharing arrangements with sister organisation, SUSSED. Activities and Contracts for generating funds continue to offset the bulk of day-to-day spending, with donations (31%), one-off fundraisers and events (17%) and contract fees (17%) representing the largest portions. 

As per the balance sheet, SW still retains £34,617 in net current assets (97% of which is in cash), which, coupled with the consistently low overheads and no outstanding creditors, mean there are still ample reserves to run the charity from the same location for several years, whilst still leaving room for new project activities. 

## Financial Review 

A review of future plans of the charity indicates that there is sufficient income to run the organisation from the same location for a further 12 months. 

Sustainable Wales Annual Report 2023-24 

12 



SUSTAINABLE WALES CYhlRU GYPIALIADWY
BALANCESHEET
ASA TSA
il 2024
2024
2023
TANGIBLE FIXED A￿s
1.(X13
CURRENT ASs￿s
Cash at b*)k & ffi h¥KI
34,617
64,687
34.617
64.687
CREDITORS.. faknj
81
CURRENT ASWS
34,617
64,687
TOTAL AssÉfs LESS CURRENT
LINBILITIES
65,496
ASs￿s
65,496
FUNDS:
Unrest￿ted . General
RostrKt•J fL¥
33,136
31,937
TOTAL FUNDS
{10)
35,620
65,4
. &wov•J ty lh• T￿1••$
¥ttJ $y*J b*dfty:
Sustainable Wales Annual Report 2023-24
13

¥USTAWIABLEWALE¥ CVIIRV GVflALIADWY
STATEMENT OF FINANCiAL ACTivrriES
INCLUDING INCOME ANO ExPEND￿uREAcCOV￿
Unmt.
RMt-
rkt•d
Fun44
Tot•1
Total
Fund•
2023
Incornlng r•wurc
It)¢•mln• r•￿￿re￿ from ••n•￿d lund•:
Vr4[unt￿ In¢om•'.
a4M?MfVA Co¥pY.19 RékèfGr8rts
Postcr*d& Lottw Gr¥*l
Warm Ih*rter Gr*rt
10,IJ))
1,128
1,126
SUSSED t)ona
41
AGthfhl•• and ContrnGts forg•nw￿Tr9 fund•:
Othw Cmtrxl Fwjs
FwKtr8B￿Ev8nIg
fAb7
631
249
214
631
249
214
Gr￿ ROC￿ EV￿ts
Gr8•n Rc4)m G8ff&
75
RL>Drn Hie
fbtw ServK•s
15
T•tsl In¢•mkn•
40,411
stafflCrntracl<rf co¥ts
Ptfrn&S costs
PtoiKt Resowc8S
Dopr8¢Oton
g¥•rn¥u
16.SX)
16,X
2,768
13,685
2,768
1,136
12.54B
ITot*l MMtsrt•s•xp•nd•d
(21
4,1(
7,154
r&8rAxc
14241
129,Bni
33,257
Tr￿l￿S
R•¢ondU*tk+n ol Funé*
31.937
65.4
32,239
33,1
35,620
65,4
Sustainable Wales Annual Report 2023-24

## **Sustainable Wales** _**Cymru Gynaliadwy**_ 

_Report and Financial Statements_ 

_Year ended 5 April 2024_ 

_Charity Commission registration number 1200330_ 

Page 1 



## **SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

|**_Contents_**|**Page**|
|---|---|
|Contents|2|
|Report of the Trustees|3 - 5|
|Independent Examiner's Report|6|
|Reserves Policy|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Financial Statements|10 - 14|



Page 2 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## _**Report of the trustees for the year ended 5 April 2024**_ 

The trustees present their report and accounts of the charity for the year ended 5th April 2022. The financial statements have been prepared in accordance with the accounting policies set out on page 9 and comply with the charity's trust deed and applicable law. 

## **Mission** 

Our mission is to seek solutions for the unsustainable way we live. This involves cultural change and has implications for future generations. 

## **Aims:** 

To be an organisation that helps revitalise the local economy, promotes social progress, and is enterprising, creative and internationally aware. 

We are committed to society, artistic creativity and the natural world. We work with communities, voluntary groups, businesses and government. We believe in this way we can foster an exciting future that doesn't cost us the Earth. 

## **Strategic Campaign Themes:** 

· Citizenship - empowering communities, building capacity, increasing participation and sustainable outcomes for local people. 

· Food and Drink – supporting local sourcing of food, ethical purchasing, fair trade and food growing, producing, cooking and baking. 

·  Energy efficiency and renewable energy - enabling community level action as well as encouraging more sustainable transport options. 

· Waste – supporting designing out, encouraging circular economy, systems, design thinking and LCA, encouraging reuse, recycling and promotion of more durable goods. 

· Consumerism – recommending collaborative consumption, sharing economy, purchasing local, organic, ethical and fairly traded goods and ending fast fashion. 

· Healthy living and quality of life - increasing well-being, diversity and creativity, reconnecting with nature. 

## **Organisation** 

The trustees seek to ensure that the needs of the charity and that of the public whom the charity serves, are appropriately reflected through the diversity of the trustee body.  Traditional business skills are represented among the trustees, as well as individuals with knowledge of the environment within which the charity operates. 

In an attempt to ensure that the needs of the charity and the public are met, individuals who possess the required skills and knowledge are from time to time invited to join the board of trustees. 

The trustees have given due regard to the question of public benefit and are satisfied that all the activities and projects undertaken in the last year and listed below achieved the charitable purposes of:  the advancement of education; the advancement of environmental protection or improvement; other purposes that are currently recongnised as charitable or are in the spirit of any purposes currently recognised as charitiable, and that all achieved public benefit. 

Page 3 



## **SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## ~~**Summary of main actvites and summary of fnances (2023/24)**~~ 

The 2023/24 financial year marks the second year of activity, since the charity was reconstituted from a charitable trust (1997 - 2022) to a CIO. This year saw the charity make a loss of £424 (unrestricted), or £29,876 (including restricted grant funding). Whilst this headline figure represents a marked decrease in funds from the previous financial year (net profit of £33,257), it is important to note that this loss was almost entirely composed of drawing down a number of restricted grants, as several grant-funded projects drew to a close. These grant funded activities included the creation of the _Sleepwalking into Climate Change_ campaign/film series _,_ and contracting a _Sustainable Development Coordinator_ for 18 months _(_ whose role included coordinating the _Better Porthcawl_ and _Young Persons Climate Group_ and organising several climate change-focussed events). 

As with the previous year, premises costs remain notably low (£2,768 annually) despite wider concerns about rising overheads in every sector This is in large-part due to the ongoing office-sharing arrangements with sister organisation, _SUSSED_ . Activities and Contracts for generating funds continue to offset the bulk of day-to-day spending, with donations (31%), one-off fundraisers and events (17%) and contract fees (17%) representing the largest portions. 

As per the balance sheet, SW still retains £34,617 in net current assets (97% of which is in cash), which, coupled with the consistently low overheads and no outstanding creditors, mean there are still ample reserves to run the charity from the same location for several years, whilst still leaving room for new project activities. 

It is noteworthy that staff/contractor costs currently represent close to 50% of all expenditure, and the remaining budget for SW's Sustainable Development Coordinator (funded through the Postcode Lottery grant) will be drawn down in the early months of the next financial year. Therefore the Board of Trustees should consider whether to return to fully-voluntary model, (as it did for several years successfully before being incorporated as a "Charitable Incorporated Organisation" in 2022), or seek further full/part-time support i.e. through the use of reserves or identifying new sources of grant funding. 

## **Financial Review** 

A review of future plans of the charity indicates that there is sufficient income to run the organisation from the same location for a further 12 months. 

Page 4 



## **SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## **Trustees responsibilities** 

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view if the charity's financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the trustees should follow best practice and: 

- select suitable accounting policies and then apply them consistently; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departure disclosed and explained in the financial statements. 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities. 

Approved by the board - 


Richard Thomas Trustee/Chairperson 

……………………………. 

12/5/2024 

Page 5 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## _**Independent Examiners Report to the Trustees**_ 

I report on the accounts of the Charity for the year ended 5 April 2024, which are set out on pages 8 to 14. 

## **Respective responsibilities of trustees and examiner** 

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. 

It is our responsibility to: 

- Examine the accounts under section 43 of the 1993 Act; 

- Follow the procedures laid down in the general directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and ● State whether particular matters have come to our attention. 

## **Basis of independent examiner's statement** 

The examination was carried out in accordance with 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 proceedures 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** 

- In connection with my examination, no matter has come to my attention: 1)   which gives me reasonable cause to believe that, in any material respect, the requirements: ●  to keep accounting records in accordance with section 41 of the 1993 Act; and ●  to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or 

2)  to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts be reached. Mr M Little 11 Parkfields Pen Y Fai Bridgend CF31 4NQ **Date:** 12/5/2024 

Page 6 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## **STATEMENT OF FINANCIAL ACTIVITIES** 

## **(INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 5 April 2024** 

|**Incoming resources**<br>**Incoming resources from generated funds:**<br>**Voluntary income:**<br>Donations and grants<br>_BAVO/WCVA Covid-19 Relief Grants_<br>Arnold Clark Community Fund Grant<br>Postcode Lottery Grant<br>Warm This Winter Grant<br>Donations<br>SUSSED Donation<br>_Amazon Smile_<br>**Activities and Contracts for generating funds:**<br>Renew Wales<br>Other Contract Fees<br>Fundraising/Events<br>Book Sales<br>Green Room Events<br>_Green Room Café_<br>Bank interest received<br>Room Hire<br>Printing Services<br>Sponsorship<br>Other<br>**Total incoming resources**<br>**Resources expended**<br>**Charitable activities**<br>Staff/Contractor costs<br>Premises costs<br>Project Resources<br>Depreciation<br>**Governance costs**<br>Management and administration<br>**Total resources expended**<br>(2)<br>Net incoming resources<br>Transfers between funds<br>**Reconciliation of Funds**<br>Total funds brought forward<br>Total funds carried forward<br>(10)|**Unrest-**<br>**ricted**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>1,126<br>-<br>-<br>-<br>607<br>631<br>249<br>214<br>-<br>206<br>397<br>-<br>250<br>-<br>3,680<br>-<br>2,768<br>1,136<br>199<br>-<br>4,104<br>(424)<br>0<br>33,560<br>33,136|**Rest-**<br>**ricted**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>0<br>16,500<br>-<br>12,548<br>404<br>-<br>29,453<br>(29,453)<br>0<br>31,937<br>2,484|**Total**<br>**Funds**<br>**2024**<br>-<br>-<br>-<br>-<br>1,126<br>-<br>-<br>-<br>607<br>631<br>249<br>214<br>-<br>206<br>397<br>-<br>250<br>-<br>3,680<br>16,500<br>2,768<br>13,685<br>604<br>-<br>33,557<br>(29,877)<br>0<br>65,496<br>35,620|**Total**<br>**Funds**<br>**2023**<br>-<br>-<br>25,000<br>10,000<br>333<br>1,500<br>41<br>885<br>-<br>1,942<br>59<br>48<br>245<br>75<br>268<br>-<br>-<br>15|
|---|---|---|---|---|
|||||40,411|
|||||3,750<br>1,955<br>1,044<br>404<br>-|
|||||7,154|
|||||33,257<br>0<br>32,239|
|||||65,496|



Movements in funds (if applicable) are disclosed in Note 10 to the financial statements. Note: New headings  highlighted in _italics._ 

All incoming resources and resources expended derive from continuing activities. 

Page 7 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## _**BALANCE SHEET**_ 

## _**AS AT 5 April 2024**_ 

|TANGIBLE FIXED ASSETS<br>(7)<br>CURRENT ASSETS<br>Cash at bank & in hand<br>Debtors and prepayments<br>CREDITORS: amounts falling due<br>(8)<br>within one year<br>NET CURRENT ASSETS<br>TOTAL ASSETS LESS CURRENT<br>LIABILITIES<br>NET ASSETS<br>(9)<br>FUNDS:<br>Unrestricted funds - General<br>Restricted funds<br>TOTAL FUNDS<br>(10)|**2024**<br>1,003<br>34,617<br>-<br>34,617<br>-<br>34,617<br>35,620<br>35,620<br>33,136<br>2,484<br>35,620|**2023**|**2023**|
|---|---|---|---|
|||809<br>64,687<br>-<br>64,687<br>-<br>64,687<br>65,496<br>65,496<br>33,560<br>31,937<br>65,496||
|||||
||||65,496|
||||65,496|
||||33,560<br>31,937|
||||65,496|



Approved by the Trustees on 05/12/2024 and signed on their behalf by: 

Richard Thomas 


……………………………………………….. **- Authorised trustee** 

Page 8 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## _**NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024**_ 

## **1. ACCOUNTING POLICIES** 

a) The accounts have been prepared on the historic cost convention.  The accounts are in accordance with applicable accounting standards, the Statement of Recommended Practice 'Accounting and Reporting by Charities' and comply with the Charities (Accounts and Reports) Regulations 2008 issued under the Charities Act 1993. 

- b) Incoming resources from activities to further the charity's objects are recognised in the Statement of Financial Activities in the period in which they are claimed or invoiced 

c) Resources expended are recognised in the period in which they are incurred. 

- d) Resources expended are allocated to the particular activity where the cost relates directly to that activity. 

- e) Grants for the purchase of fixed assets are recognised in full as restricted funds when receivable.  Transfers are made to unrestricted funds (General fund) in line with the depreciation policy on the underlying asset. 

Grants received which relate to costs of a revenue nature, are recognised in full as restricted funds when received.  Transfers are made to unrestricted funds as and when the relevant expenditure is incurred. 

- f) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, estimated on the following basis: 

Fixtures, fittings and equipment 25% straight line 

- g) The funds held by the charity are either unrestricted funds which can be used in accordance with the charity's objects (General fund), or are restricted funds raised for particular restricted purposes. 

Page 9 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

_**NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED  5 April 2024**_ 

## **2. TOTAL RESOURCES EXPENDED** 

|Staff costs:<br>Salaries/Wages/Contractors<br>Translation costs<br>Staff & Volunteer costs<br>Training<br>Premises costs:<br>Rent<br>Rates & water rates<br>Light and heat<br>Insurances<br>Computer software & maintenance<br>Telephone & BT Internet<br>Repairs & Renewals<br>Licences & subscriptions<br>Sundry expenses<br>Project resources:<br>Gorwelion/ Our Square Mile<br>_Warm This Winter_<br>Contracts<br>Advertising/Promotion<br>Other Projects<br>Events<br>Green Room speaker fees<br>Translation costs<br>Accommodation/Venue hire<br>Expenses<br>Management & administration:<br>Bank Charges<br>Loans<br>Printing postage & stationery<br>Accountancy<br>Professional fees<br>Depreciation:<br>Fixtures, fittings and equipment|**Unrestricted**<br>**funds**<br>**£**<br>-<br>-|**Restricted**<br>**2024**<br>**funds**<br>**Total**<br>**£**<br>16,500<br>16,500<br>-<br>-<br>-<br>-|**2023**<br>**Total**<br>3,750<br>-<br>-<br>-|
|---|---|---|---|
||-|16,500<br>16,500|3,750|
||-<br>-<br>-<br>493<br>2,162<br>-<br>-<br>60<br>53|-<br>-<br>-<br>-<br>-<br>-<br>-<br>493<br>-<br>2,162<br>-<br>-<br>-<br>-<br>-<br>60<br>-<br>53<br>-<br>2,768<br>-<br>-<br>12,350<br>12,350<br>-<br>-<br>15<br>73<br>169<br>1,048<br>15<br>114<br>-<br>100<br>-<br>-<br>-<br>-<br>-<br>-<br>12,548<br>13,685<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>404<br>604<br>29,453<br>33,557|-<br>-<br>-<br>-<br>1,925<br>-<br>-<br>30<br>-<br>1,955<br>660<br>-<br>-<br>284<br>-<br>-<br>100<br>-<br>-<br>-<br>1,044<br>-<br>-<br>-<br>-<br>-<br>-<br>404<br>7,154|
||2,768|||
||-<br>-<br>-<br>58<br>879<br>100<br>100<br>-<br>-<br>-|||
||1,136|||
||-<br>-<br>-<br>-<br>-|||
||-|||
||199|||
||4,104|||



Page 10 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## _**NOTES FORMING PART OF THE FINANCIAL STATEMENTS**_ 

## _**FOR THE YEAR ENDED 5 April 2024**_ 

## **3. NET INCOME/(EXPENDITURE) FOR THE YEAR** 

|This is stated after charging:<br>Independent examiner's fees<br>Depreciation<br>**4. STAFF COSTS AND NUMBERS**<br>Staff costs were as follows:<br>Salaries/Contract fees<br>Social security costs<br>No employee received emoluments of more than £60,000|**2024**<br>**£**<br>-<br>604<br>**2024**<br>**£**<br>16,500<br>-<br>16,500|**2023**<br>**£**<br>-<br>404|
|---|---|---|
|||**2023**<br>**£**<br>3,750<br>-|
|||3,750|
||||



|The average number of employees, estimated on a full - time equivalent basis, analysed|The average number of employees, estimated on a full - time equivalent basis, analysed|by function|
|---|---|---|
|was as follows:|||
||**2024**|**2023**|
||0|0|
|Costs in furtherance of charitable objectives:|-|-|



## **5. TAXATION** 

The charitable company is exempt from corporation tax on its charitable activities. 

## **6. DEBTORS** 

|Prepayments<br>Other debtors and prepayments|**2024**<br>**£**<br>-<br>-<br>0|**2023**<br>**£**<br>-<br>-|
|---|---|---|
|||0|



Page 11 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## _**NOTES FORMING PART OF THE FINANCIAL STATEMENTS**_ 

_**FOR THE YEAR ENDED 5 April 2024**_ 

## **7. TANGIBLE FIXED ASSETS** 

|Cost:<br>At 13 Sept 2023<br>Additions during year<br>Revaluation<br>Disposals<br>At 5 April 2024<br>Depreciation:<br>At 13 Sept 2023<br>Charge for year<br>At 5 April 2024<br>Net book values:<br>At 13 Sept 2023<br>At 5 April 2024<br> **CREDITORS: amounts falling due within one year**<br>Creditors and accruals<br>Taxes and social security<br> **ANALYSIS OF NET ASSETS BETWEEN FUNDS**<br>Tangible fixed assets<br>Net current assets|**Fixtures, fittings**<br>**& equipment**<br>**£**<br>809<br>798<br>-<br>-<br>#<br>1,607<br>404<br>604<br>1,008<br>404<br>598<br>**2024**<br>**£**<br>-<br>-<br>-<br>**Unrest -**<br>**Rest -**<br>**2024**<br>**ricted**<br>**ricted**<br>**Total**<br>**£**<br>**£**<br>**£**<br>598<br>404<br>1,003<br>32,538<br>2,079<br>34,617<br>33,136<br>2,484#<br>35,620|**Total**<br>**£**<br>809<br>798<br>-<br>-|
|---|---|---|
|||1,607|
|||404<br>604|
|||1,008|
|||404|
|||598|
|||**2023**<br>**£**<br>-<br>-|
|||-|
|||**2023**<br>**Total**<br>**£**<br>809<br>64,687|
|||65,496|



## **8. CREDITORS: amounts falling due within one year** 

## **9. ANALYSIS OF NET ASSETS BETWEEN FUNDS** 

Page 12 



**SUSTAINABLE WALES** _**CYMRU GYNALIADWY**_ 

## _**NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED  5 APRIL 2024**_ 

## **10 MOVEMENTS IN FUNDS** 

|Restricted funds:<br>BAVO Youth Led Grants<br>BAVO/WCVA Covid-19 Relief Grant<br>Postcode Lottery Grant<br>Warm This Winter Sub-grant<br>Total restricted funds<br>Unrestricted fund:<br>General fund<br>Total funds|**At**<br>**Incoming**<br>**Outgoing**<br>**Transfers**<br>**Transfer**<br>**06 04 23**<br>**resources**<br>**to unrestricted**<br>**(Depreciation)**<br>**£**<br>**£**<br>**£**<br>**£**<br>480                      -                        -                         -                       240<br>329                      -                        -                         -                       164<br>21,378                      -                19,298                       -                          -<br>9,750                      -                  9,750                       -                          -<br>**resources**<br>**(before**<br>**depreciation)**|**At**<br>**05 04 24**<br>**£**<br>240<br>164<br>2,079<br>-|
|---|---|---|
||31,937                      -                29,048                       -                       404|2,484|
||33,560                3,680                3,904                       -                       199|33,136|
||65,496                3,680              32,953                       -                       604|35,620|



## **11 RELATED PARTY TRANSACTIONS** 

During the year, all transfers made to trustees in respect of  project activities, were arrived at strictly on an arm's length basis. 

## **12 CORRECTIONS** 

Page 13