PORTH[ DRE {A ChAritable Incor￿rAted Orgydnisation) Unaudited Report and Financial Statements Perlod ended 3111 Mareh 2025 Charity Number. 1200984 PORTHI DRE LEGAL AND ADMINisfRATIVE INFORMATION TRUSTEES Dawn LyDne J¢)nes Olaf Cai Larsen (Chair) Eleri Gwyn knvgreett Cernlyn Rees Williams {R¢sh8na 2010212025) REGisfERED OFFICE Ty Seioni Ffordd Santes Hel¢n CAERNARFON Gwynedd LL55 2YD BANKER Lloyds Bank PLC 98 Via(ffia st￿¢¢ LONtK)N SWIE 5JL ACCOUNTANTS W J Motthews a'i F•b 11-15 Y Bont Bridd Cxmarfon Gwynodd LL55 IAB PORTHI DRE Report of the trustres forthe perlod endtd JI M*r¢b 202S Cont1￿￿e￿L_ Review of Finaneknl Actlvities li is a pleasure to present the second Trusie¢s' Rep)rt for Porthi Dr¢. The o¥g￿lsatiOn ha5 developed furth¢r over the past year andttow delivers a wide rang¢olscrvi¢es for pwple of all ages. We would likc to lake this opportunity to thank the staff, voluDteers. and boayd rnemb¢Ts of PoTthi Dr¢ for all th¢ exttlleni work that hos mad¢ this possible. tiv The ess¢nce of Porthi Lkn'i work i4 to tsckle poverty and in4uaiity in Ca¢rn*kn aDd the Su￿ound]ng area. An At)nU￿ R¢FK)rt is an opportunity w l¢)ok brKk and look forward. Pethp5 the best way to look back is usin8 iumtline: April 2024 Cnntinue io coY¢ ¥tiviti¢s- Rh￿nll Sgran. Fwi Club Iseionvyoung People's Club for a fi year. £20k gr￿t rc¢eived flom Cattnarfon Town Council. Sponsot5hip re¢¢ived from Th¥0 local food suppliers- Roberts of Portdinorwic donating 5ufficicnt meat to PRP4Te up ￿ 150 me•ls a weei Castell Howell transferring £21K) crnlit PEr month to our xo)unt. £29K rtteived from Arfor Sch¢mc Fut)d - Enterprise Comtnunities Fund offer - to employ an Adivities CwrdiD•tor up to 3111J2024 and &ddiiional suptKJrt to promote the Hub and its ￿tiVitieS May 2024 £600 recxived from the Ca¢rnarfon Mayorfs Futtdkn¥•rdsChris¢rnas 2024 aclivities. £20K received from a RIF gr8Tht towards maiDtyinirtg a c(ttnmunity hub ￿¢￿￿k. £3K grant offer receivtsj from the Tithe Fund to nm Fun Club &ctivities June 2024 £9K received from the Gwyntdd Ernwwerni¢nt Fund- towards new kitch￿ applianc¢s. July 2024 £20K received from SPF (Iwynedd Hubs + £2.260 ￿WardS the Mainten￿¢£ of a Community Hub l)uilding in Caernarfo￿ f￿d and ¢mergen¢y issues. £42K receiva from The N￿lonAl Ix>ttery Cost of Living Crisis Response Fund Grani iowards n]nning the Rthanny S8Tan ￿heme for Iwo years. c￿ Samucl Thomas &p￿1nted as Athivities ￿￿OrdIna￿T and 6 new Voluntem forth¢ Young Pty)ple's Club. AuEllSt 2024 Or8anising an Art Club for childr¢rt during the summu I￿lIdaYS ID as>)ciation with C4rnC¢lf. Gwion D8fydd Roberts appointed part-time trainee Chef SepteThb¢r 2•24 £2.500 r¢¢eived from GWYn￿d Council Ikp8rtrnent of FAucation's Youth Aid gr8Dt - towards running a Young People's Club at the Hwb on Wednesday ¢venin8s. £I.CM)O r¢c¢ive41 from Adra Housing Asso¢iation towards Clwb Seionl's keep fit activities. Odober 21n4 £5K received from North Wales Police Crime Commi&8ioAer Thrtovat¢ to Grow. Fund . to rlm a Young Pwple's Club unlil the end of the financial y N(bvemb¢r 2•24 Geraint and Gwion achiev¢ Ixvel 3 f(￿)d hy8icti¢ qualifi￿tiOn. ry)re Adivity reache5 its full pacity. December 2024 £3K re¢¢ivcd from the Wam Welcome Grant forTunningaFar¢ Share Cafe. Hosltng aChristrn&% Dinner every day ftir a wetk ￿fOre Chrisimas, Tai Cynefm Ik)notion received for the f(x>d. JaDUary 2025 £20K received fron) Gwynedd Coun¢il's Muhiplieation SPF Fund to 8 multiplication projects at th¢ Hwb from January ￿ March 2025 PORTHI DRE Re￿rt oftht trn3t¢es for ¢he period onded 31 Mxreh 2f12S CODthIu Ma ethent Bo* Steering everything 15 a d¢dica*d ManagemtDt Bort the members of which are.. Dawn Lyltrte Jones (Trustee), Cai Larsen {Trusttt). Eleri Lovgreen {Tr￿￿te), Susan Wattts, Alun Wyn Jone$, DrNia Huws, HaydD Hughcs, with loaD Thoma$ 25 rommenlttor. A¢kDowl¢d8ments No Report would be complete without thanks. PorthÉ Dre thaD*ts fmrn thc IK>ttom of its heart for the 5UPPOrt of the v¥ious organisation5 from all se¢iors- the private s¢ctor. th¢ voluntary secior8nd the third sccior- who hire Space in Porthi th building. kn return for thcir th¢y get fresh hom¢made ¢ak¢s and 4 cup of tea ts $UpF￿)rt them! Porthi Dr¢ is very fortunaTr to have the support of local suppliers, Roberts of Port Dinorwic Ltd #nd Castell Howell. who shhre the Same aims obje¢iives. By tskin8 dv8nta8e of the generosity of loca] suppliets. w¢ ensure thot as far w¢ un, w¢ keEP th¢ I￿11. M*Jor riths r¢view The mwor risk 41 the moment is saftgu•Tdin8 the crts) Re8ulaiions, and the provisions of the Twst de￿. They arc also r¢4Th5iblc for saf¢guvdin8 the assets of the ¢haTity and taking reag)Dable st¢ps the pmention 8Dd d￿eCtion of fraud aThl other irre8ulariti¢5. Tr trustres art reS￿nSIble for the m8inten8nc¢ 8nd integrity of the ¢harity fmancial infomation in¢ludcd on the charity's website. L¢gislation in the Uniied Kin8dom governing the preppration and dissemination of fi￿anCIal 5tst¢rnents may diff¢r frDm leg￿lation ID oth¥ jurisdi¢lions. Report Approved: Olaf C•1 L*rsep (Ch•ir) Date: 2P Wber 2025 PORTHI DRE (A ChArltable Incorporated OrgAniJ*tion) Unaudited Report and Finanelal Ststements P¢rlod eoded 31A March 2025 Charity Number 1200984 PORTHI DRE Contents P•ge L¢881 and adminigtra¢iv¢ info￿#1￿)n R¢m of th¢ tryst Indepthdeni examiners. Teport stst¢rn￿ of fintsncial xtiviiies Baianc¢ Notes forn)in8 part of th¢ finaneiaj statements 10- 18 PORTHI DRE LEGAL AND ADMINISIIiATIVE INFORMATION TRUSTEFS Dawn Lynn¢ Jones olof Cai LaTSCll {Chair) Eleri Gwytt Lovgreen C¢mlyn Rees Williams (R¢si8nrA 20102f2025) REGISTERED OFFICE Ty Seioni Ffordd S8ntrs Hel¥ CAERNARFON Gwynedd LL55 2YD BANKER Lloyds Bank PLC 98 Victoria Street LONtK)N SWIE 5JL ACcOu￿ANTs W J Matthews a'i Fob 11-15 YBontBridd Cacrnarfon G￿n•da LL55 IAB PORTHI DRE Report of the trnjttts f•r the perf￿1 eDded 31 M*rth 21)25 The th￿tee$ submit their annual repcbrt and the unaudited finarjciai stst¢ments for the perityj ended 31 March 2025. The trustees have adopted the pn)visions of the Statement of Recomtnended Practice (SORP)"AGwunting atld Rewrting by Charities" issued in March 2005 in pr¢p8ring the annual rep)rt and finan¢iAI stsiements of the charity. The chariry became a registered CharÉtsble Incor￿1￿ Oryanisation on 11 Novembcr 2021 Charity Number: 1200984. Investment Powtry Under the consiiiuiion dowm¢nt of the CIO. the Charity h&s the p)wer to mak¢ inv&4thienL which th¢ t￿Slee5 see fiL Method of *p￿1￿t￿ent of trnste TnLStees or¢ apwjinted in accordanc¢ with the Constitution's guid¢lin¢s. FAch new trustee is 8ppoint¢d for a terni of ihree year5 by o motion passed by the Board of Trustees. In ord¢rto effectively setve Porthi Dre. when 8electing irNlividuals to be &p￿Intsd as tsus￿. c(Jnsideration must b¢ giv¢rt to their skills. knowl¢dge dnd cxpetience. Obje¢ts of the Ch*rlty for the IxTr•flt of tbt publle The main objects of the chvity are.. k) promote or be of benefi¢ to the residents of Caernarfon and the neighbourhotsj, without distinction in ternis of gender, Sexu￿ orientatioii. T￿t or pKJliii¢41. religious or other views by c4)nD￿tIng the r¢5idents attd ihe loca] authoritie& volutttary organizalions 8nd others in eLimmon effoo providing facilities for gxial welfare for r¢cTeatitin leisure time with lh¢ aim of impmving the living ccfflditions of the residents. In the public int¢r¢s4 prevent or alleviat¢ poverty or finaneid hvdship in Caernarfon and the surrounding are4 by providin8 f￿j and other ¢ssenii81 items to individuals in ne¢d. In fUrther￿ce of these objects but not otherwise. Ihe trumees 8hoi1 h¥ve Fx)wer.' to establish or secure the ¢siabli5hmcnt of a community ¢￿tre to maintsin or manag¢ or co-op¢rate with any 8r&tutory auihority in the maintenance and msna8ement of su¢h a ¢¢ntr¢ for ¥tivities promoted by the charity in furtheran¢¢ of the aFA)ve objects. Rel*tioTrship with Interested p*rtles The Charity 15 8Ateful for ihe continued supw>rt of interes*d partie5 5u¢h as the Welsh GovernmeTrL Cyngor Gwynedd, North Wales Polite. North Wales Housin& Ad￿ CIST Gwyrtedd, Mantrll Gwynedd, the NFU. HWB Ca¢rnarfon, Cyngor Tref Cttrnarfon. The National Loitery. M¢nter Man and Grwp Cynefin. Poll¢y ree8rdiDg Fundi The ¢haTity is v¢ry dependent upM)n ihe continwi supwkrt of interested parti¢s. The charity's main objective is to establish at leam a breakveven t*)sition each year by gen¢rating sufficicnt funds from its ordinary ￿tIvitieS to covcrcost5 in ord¢rto Incre￿ the balance on g¢nernJ res¢rv¢s. (hjr reser￿ poli states that the ¢hArity's nmniog costs and reduth¢y ￿sts of staff should be kept with at1￿$t 3 month5 in reserve. PORTHI DRE Report of the ¢rnstees forthe period eYAded 31 March 202S tDntiDU Review of Fin•Dci*l Adivities It is a pleasu￿ to preseni the s¢wnd Trustees, Report for Porthi Djr. The organisotiott has dev¢loped furth¢rover ihc past ycar and now dclivers a wide rang¢ of5crvices for people of all ages. We would like to tske this oppornjnity to ihank the stsff, voluntttrs, and &)atd rncmbers of Porfhi Dre fw all the excellent work that has made this possible. The essence of Porthi Dre's worfr is w wkle poverty and inequality C%nwfon attd th¢ SUfTounditig area. An Annua] Report is an oppotfvnity to look bxk and look fonvard. PttbAPS the b¢A way to look back is using & timeline.. April 2024 Continue to rnn ¢0￿ activiiies- Rhannu Sgran, Futt Club IS¢lon￿yOu￿R Pwle's Club for a further year. £20k grant r¢¢eived from Cacrnarfon Town Council. Sponsctship receiv¢d fTom n¥0 loc&] food suppliers- Rthns of Portdinorwi¢ donaiing sutTicient mea¢ to prtptre up w 150 meals 8 week. Casr¢ll Howell transferring £200 credit per moDth to our ac4*un¢. £29K received from Arfor Scherne Fund - Enterprise CommunitiC5 Fund offw - w employ an Adivities Cthordinator up ￿ 3111Y2024 and additional support io promote the Hub and ils Xtiviti¢s May 2024 £600 received from thtCHernarfon MayoVs F'und towards Chrisimas 2024 activiiies. £20K received from a IUF grani towards M￿nI¥lnIng a C4)mmunÉty hub nrfwork. £3K grant offtt reeeival from the Ttth¢ Fund to ruth Fun Club activities Jwne 2024 £9K received from th¢ Gwynedd EmJx)w¢4ment Fwid- towards new kit¢hen appliane¢5. July 2024 £20K r¢ttiYed from SPF Gwynedd Hubs + £2,260 b)wards the m8intenance of a Community Hub building in C8ernarfon, food and emer8ency issues. £42K receiv¢d from The Nation41 Loitery Co$t of Living Crisis Response Fund Gr8ni towards Nnnin8the Rhonnu Ss1￿ scheme for two years. Cw S4muel Thomas appoinied as A¢tivities C0-ordina￿rAfyJ 6 n¢w Volunteers for the Young People's Club. August 2024 Orgonising an Art Club for thildren during the sunllner holiday$ in asgxiation with Cwncelf. Gwion Dafydd Roberts appointed p&rt-time trainee Chef S•p¢•mb•r21n4 £2.500 r¢¢¢ived from Gwynedd C(Mtncil Department of Education'5 Youth Aid grani - low￿d5 running Young People's Club at th¢ Hwb on Wednesday evenings. £1,000 rec¢ived from Adro Housing AS$￿]4110n ￿w￿dS Clwb Seionfs kttp fit &ctivili¢s. October 2024 £5K received fn)m North Wates Police and Crime Commis8ioner "tnwvat¢ to Grow" Fund - to rutt Youn8 P¢opl¢'s Club until thc end ofthe financial year November 2024 G¢rain¢ and Gwitsn acbieve [￿¢1 3 f￿)d hy¥i¢ne qu81ifvation. Eth c4xr Activity reaches its full paGity. December 2024 £3K received from the Wann Welcorne Grant forrunning a Fare Shwr Cthfr. Hostinga Christhi¥ Dinner every day for a week before Christh)w Tai Cynefm donatic¥h received for the ft￿d. 2025 £20K received from G￿￿edd Council's muhipl1￿1on SPF Fund fo 8 multipli¢*ion projects 8t the Hwb from January to March 2025 PORTHI DRE Report of the trn8teeJ for the PErlod eDded 31 Marth 2025, tontltt￿e&. Ftbru*ry 2015 A £1.3¢￿ donation receiTrtd from S¢ilo and Caersakm ehards towards running the Furt aub March 2025 £28K r¢eeived from GwyAdd Counril'$ Fk)win8 Grant 2024r25 toward4 Pofihi Dre's wo supporting homelc5s pec4)l¢ and PTevMting home1￿1¢$$ Ac Clwb H8IAch8U Cinio Doljg f)ydd Gwener- Yoga 8 Bingo Clwb Cell Plant Clwb Cfjlf LIu051 Cobany Cofis Clwb Pobl Ifanc Clwb H Clwb Solont Faveshwo 8iyStryd Am Ddim Fareshore £3 Ph8nnu SRran Dydd lau Rh8nnu Sgr8n Dydd Mawrth 2¢¢0 Personnt The table above r¢fjtttsthe f8cts and $￿iStics behind Porthi Dyt. by¢ no iiiitiative would I￿¢t¢d without the dedi¢a¢ion of the stAff and volunteers who IL So who is who? Anne Evans- Manager Attne's ba¢k8round is in firwice. joining th¢ initiative * the very besinning 8s a voluntttr keepin8 an eye on all financial matters. When the post of Mana8er beome vac￿( Anne SteP￿d in, attd $h¢ now works 24 hours a week forthe Clwity. Cai Thom&8-A¢tiviti¢s Co-ordinator Cai hold$ 8 master'5 d¢gr¢e ID Music and Audiovisual Culrnres and kn experionc¢ of community-based initi#tiv¢s through his work wrth Can01f￿ G¢rdd William Mathias in Caernarfon. G¢TatntTh0M￿- Chef Geraint h&8 a wealih of ¢xperien¢e w0￿1n8 u 8 chef. including a b￿kground u a FoT¢sty artd Countysid¢ Officer. He Th)w works 26 IKburs a week Lwking nutritious meals for the community of Caemarfon *hd the District. Gwion Roberts- Assistsnt Chef Gwion holds a mast¢r's degree in History I￿1 bas exp¢ticn¢e of wfflmuttiry-bas￿ initiatives through his wot* al Yr Orsaf. Penygrcw. VoluDtttTS By now wc have over forty willing voluDle¢TS. of all ages and b%kground5. helpin8 the staff to achieve Porthi Dre'5 goals objectives. Th¢ volullteers are ¢)ur most valuablt wets. and their contribution 15 greatly appreciated. PORTIII DRE Re￿rt of th¢ ¢Thste4s fortht ptrlod ended 31 March 202& coD¢inueL_ Man St¢ertng everything is a dedicated Managemeni Bowd. the members of which 8r¢'. Dawn Lynnc Jone$ ITrustet). Cai Larsen ("frustee}, Eleri Lovgreen {Tru5tee). s￿ W*¢rs. Alun Wyn Jones. DrNia Huws. Haydn HughN with loan Thomas as commentator. Acknowlwlgm¢Mts No Report would be complete without thanks. Porthi Dre thanks from th¢ t¥kttom of its heart for the support ofthevarious organisations from all seC￿r$- the privat¢ secior, the voluntary sedorand thethird sector- who hir¢ spa¢¢ in Porthi Dre building. tn return fortheir supwjrt, they gei fresh homemadc cakes And a ¢up of tea to SUp￿rt theml Porthi Dre is very fortunate to h2ve the supith of local suppliers. Robcrts of Port Dinorwi¢ Lid and Castell Howell. who shar¢ the sam¢ aims and objectives. By takin8 advantsge of the generosity of loca] $upplieTY. w¢ ¢nsure that as far a8 we can. we keep the ￿Und lo¢•l. M*jor rlsks review The major risk ai the moment ts safeguardRng the continued $upp)rt of interested parties. To dat¢. the charity has se¢ured sufficiertt fundin8 in order to maintsin its objectives for the foreseeable fviur¢, however ¢Y¢ry effort will be mt4Je to wyre ¢ontinuali(m of this supprt for futur¢ y¢ars as well as approaching other yourtts of ￿ndITr8. Truste¢s r¢sponslbllldes In rel*tlon to tht fin*ncl•l statements The Charity trustees arc rcspon5ible for preparing 8 In￿te¢s, annual ryort aDd fitwieia] styt¢m¢nts in a¢cordan¢e with applicable law and UnÈled Kingdom Aciilltin8 stsndArd# hwve been hllowed. wbjecl to Any materiAI departures dI￿10$¢d and explained in the fmanciaj statements: prepare the fiTraThcial stsiements on the going concern basis unless 1¢ is irAppropriatr to presume that the charity will continue in bu5ine55. The tr￿teS ar¢ reSF4)nsibl¢ fork¢eping prOper￿￿nIM8 reeordsthatdiscEosewith trasonable ae4ur at #ny time th¢ financid p)siiion of the charity ertd to enable them to ensure the financial statements comply with the Charities A¢t 2011. the applicable Charities (Accounts and RekKTrrts) Regulation& and th¢ provisions of the Trust deed. They are a150 resTMMJsibl¢ for safeguarding the asscts of the charity and tsking re￿nable st¢P5 for the prevention aTrJ ddrttion of fraud ar￿ other irregularities. The trustees are respothsible for the maintenance and integrity of the charity and financi81 inforniation in¢lud¢d on ihe ¢harity'5 websile. Legislation in the United Kingth)m governtllg the preparation and dissemin8ti0n of financial statements May diffrr from legislalion in other jurisdictio￿. Re￿rt Approved: 018f Cai L*rsw (Chair) Date: 25 September 2(12S INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PORTHI DRE Independent exarnlner's re￿rt to thtTn￿Étts ofPortbi Dre Trnst I report to the trustee5 on my examination of the acwunts ofporthi Dre (the Trust) for the ye4r ell￿ed 31 Mareh 2025. which are set out on pages 2 to 16. Responslbllltles l￿d b•$l$ of report As the charity tnEstees of th¢ Trust you are resp)Lsible for the preparation of the accounts accordance with the r¢quirem¢nts of the chariti￿ A¢t 201 Il'the A¢t'). I r¢port in r¢5pert of my ¢xamin8tion of the Tru5te¢'5 accounts ¢8rrirJJ out under section 145 ofthe 2011 Act and in caryingout my examination I have followrA all the appli￿+1¢ Dire¢tions given by th¢ Ch4rity Commission under sedion 145(5Xbl of the 2011 A¢L Independent examlner's st*temeTht I h4v¢ eompl¢t¢d my examinatton. I wnfinn that Do matryi#l matters hav¢ corn¢ to rny attention in nnection with the examination giving me Cause ￿ believe that in any matvial ttspect: 11} xcounting rryordj Thrre not kept in r¢sp¢ct of the Tru# a5 fEquired by %dion 130 of the Act.. or (2) th¢ accounts &) not accord with those ttcoth. or (3) the Kcounts do not cornply with the applicable requirements LNcaning the form and CA)rtt￿t of unts set out in the Chariti¢s (A¢￿￿￿ts and Rewits} R¢Bulations 2008 oth¢T than any r¢quir¢meni thai the g¢counts give and fair view, which is not a matter considered as part of an iNde￿ndertt examination. I have no conc¢rns and h8ve come ￿rosS no other matters in connertion with the examin*ion to which attention should be drawn in this rel￿ in order to enable a proper understandin& of the accounts to b¢ reached. D*vld Chldley WJ Matthews & SOD Chort¢red Aeeountsnts 11-1.5 Bridge Street C#ernirfoD Gwynedd LL55 IAB D•tt: 2* September 2025 PORTHI DRE S¢at¢ment of Flts*nti*l Activitiufor th¢peritxlen¢W31 Alarch 2025 UDrestricted Rtstticted Funds 31 Mireb 31 March 2025 2024 Notes IncomlDg resoureeg Donations and legacies 7.417 7.417 13.09XI ChaTitabl¢ ￿lIVE11¢S 106,631 86379 192.910 99.543 Investhieni imome 19.485 19.485 13.465 Other Énwm¢: Funds 1n1n￿lletd at l April 2023 5 93.415 To¢•1 133J33 86279 219.812 219J13 Expendlturn on: Charitable a¢livities 107J43 68.039 175,582 Total expendlture for the ymr 107J43 68,039 175.582 111.ty21 Net surplus for ¢h¢ y¢Ar 18240 44.230 107,592 Balance at l April 2024 102,592 107,592 Baiance at 31 Mareh 2025 £128J82 £23240 £151,822 £107,592 All of the above resuttsartderived from continuing ￿lIVities. All gains and l¢Js* r¢wgnis¢d ID the year are ix¢luded ai*Jve. PORTHI DRE B41&neeshta￿ at31 A1￿ch 202J 2025 21124 Notes Flx¢d A89¢ts Tangible fixed assets 30,388 36207 Current A19tf8 Debto Cash at 8rtd Én h￿d 3,823 123,WO 2.843 70.410 127.723 73.253 Credlttsro: amountslallingdye WiihRn QrnYJY¢f 12 (6289) (1.868) Net turrent ￿lets 121.434 71,385 Ne¢ amets £151.822 £107J92 Furtdi General unre51ri¢ted fimd Gerterai ￿triCted fund 128,582 23.240 102.592 5.000 io £151,822 £107,592 014f Cal 14rseD (fry>te*) LynDe Jones ITruJtee) DAte: 2P September 21)25 PORTHI DRE Notes to the fin*nei*l St*lemeDtsforthe￿ri&4ended3} Atrch 2025 Ateoun¢ing polkies Basls of AccouDting 'lThe financial stai¢ments have been pr￿￿ in #ccord8n¢¢ with AccoutLtin8 and Re￿tIn8 by Charities.. Ststement of Recommended Pracii¢e applicabl¢ to ¢haritie5 prepaTing their accounts in occordanc¢ with the Financial Rep)rtith¥ Stsndard applicable in the UK and Republic of Irelsnd {FRS1021 (effethive l January 2015) - {Charitie5 SORP IFRS102}l. the Finan¢io] Reporting Standord applicable tn the UK and Republic of Ireland (FRS102) and the Charities Aci 2011. Porthi Dre meets the definition of a publi¢ beftefii entity utmler FRS102. Assets and liabilities are iTritiaily re¢ognised ￿ histori¢ cost or tiJnStiCtion V￿￿¢ unless otherwise stated it) the relevant accountin8 policy note. b) Pre￿ratIon of *ccouDts a going CODcern b*si4 The Trustees are of the opinion that there ar¢ rtasons why the tharity TKcounts sknuld not be prep¥ed under the 80ing ￿ncern provisions. Charitable Jtstus Ifupon ihe winding upof Porthi Drc, there r¢mains &fterthe satisfa¢tb)n of all debts and liabiliti any prop¢rry %%thatsoever, they shall be given w wme othu tharitsble in&titutii)n having sitni18r objects ￿ the chariry. d) Futhd •CCOUDtlnz General funds are unrestricted fiLThJs which are availabl¢ for use at the di5cNion of the trust¢es in furtherance of the gen￿￿ obi¢aives of the clwity and which ￿ve not been design￿￿ for other PUTposes. tksignat&l fuodg wmprise wJresth¢t¢d funds thathave been s¢¢ asideby thetrustee5 for particular purpo%$. R¢stricted fijnds are funds which are to be used in ￿[dance with speeifK r¢strirtions imposed by donors or whieh hav¢ been raised by thc chariry for a particular purFK)se. The CO￿ of Trising and administering such funds are charged 9gain￿ the specific fund. IDcomlng Mothrets All in¢omin8 resources are included inth¢ SOFA when thecbaTity is legally entitled to the income and th¢ amouni can be qukntifL¢d with ttawnthle accountrd for in the peri(vJ to which they relate. Ineomin8 resource$ wbiect to dcrt￿r imposed LX)nditions that $￿ify thetime period in which the ¢xpenditure of the resou￿¢ can tske place s￿1 be aco)yni¢d for as deferr*J income and ￿le￿d to the SOFA when the time ￿nditiott is rn¢t. io PORTHI DRE Notes to the f￿*￿tIll slatem¢thtsfor 11*￿TI￿en￿31 M￿ch 2025 (Conlim*d) Re￿￿ree5 txpended All expenditure is accourtted for on an accrua]s basis and h&5 been clauified under headiDgs that aggregat¢ all eosts related to the ¢at¢gory. Costs of generating funds comprisethe costs associat with attrarting voluntary income. Charitsble expethdltu￿ comprises those cosis incuTred by the charity in the delivery of its Xlivities 8nd serviees for bo)¢ficiarie5. and includes l)oth costs that Can be g]l(Kaied directty to such &tiviti¢s ih05e costs of an tndirect nature necessary to SUPEKTrrt them. Where eosts canmt be directly attributed to parti￿laT headings they hHv¢ been all(Kaied w Rctivitics on a basis wnsistent with the ux of resources. Governance costs are thos¢ costs with m¢¢ting the COn￿l￿ti￿￿1 and str1￿Ory rtqpjirements of th¢ charity. Tin%ibl¢ fiied *utts and depre¢iAtIott Tangibl¢ fixed &&sets Wsting more than £l.IKKI aye capitalised and in¢luded 8t cost including any in¢identsl ¢xpense5 of wuisition. Fixed assets are ststed at cost or valu*ion less aeeumulated depreciation. Depreciation 1$ ¢al¢ulated to write off ihe ¢osL less residual vatue. on a straitht-line b&sis ovrr their ¢xpected useful ¢C4)nomic liw &% follo￿.. Equiprnent 25% Turnover Turnover is dttivtd fmm ordinary activiti￿ d¢riv¢d wknlly in th¢ UK and net of Va]u¢ Addal Tax. UnrtstrkL Res¢A¢L 2025 21124 ChArftAbl¢ •¢tlvltlos Inct)me Fundrnising activities Welsh Government- R¢8iond Integration Fund Gr#nt Arfor- WAG National Lortery Commynity Fund Cyn8or Gwynedd- Food Proj'ect Grknt Cyngor Gwynedd- Young People's Provision Gr￿t Cyngor Gwyndd- Crewive Grani Clwb S¢ioni Cyngor Gwynedd- Elderly P¢ople's Provision Grant, Cyngor Gwynedd- Cost of Living Suppon Gr8nt Cyngor Gwynedd . Menstrual Support Grant Gwynedd Empow¢rment Grant- M¢nter Mon Hwb Caernarfon grant Cyn8or Gwynedd- Housin8 SupFKSrt Grant Cyn8or Gwynedd- Hub Sypwrt Grnnt RIF Nonh Wales Police North Wales Police Crime and CommissionerOran¢ North Wales Housin8 Grant Adra grant- Commurtity Investment Fund UK Gov¢rnm¢nt Sharcd Pmsperity Fund Gr8ni Menter Mon Cylchol & HWB UK Gov¢mment SPF Grant- LIw5i Cyrtgor Gwynedd- Warm W¢lcome Granf CIST Gwyncdd l Gwyn¢dd CommunTty Cffi¢st Cyngor Tref Caernarfon Cyngor Gmynedd Grant Deg￿ll Grwp Cyn¢fin British Science A$s￿latiott I,IX)5 I,(M)5 1.505 25,￿0 28,070 28,070 15,773 15.773 1,360 1.360 2,500 2.5 4J31 2,500 2,515 3.7SO 3,000 2.000 900 8(X) 9.412 800 9.412 4.130 28,102 28.341 20.0￿) 28,341 20,0(K) 400 400 S.¢XIO 250 3.170 100 1.000 16.610 14.088 14.088 20.675 3.000 16.610 15.0(K) 20,675 1,590 1,600 20,0(KI 2,976 500 51)0 1976 500 500 £106.631 £86279 £192.910 £99,543 PORTHI DRE Nots9 to the fiDaTrcial sl*tehMthtsfor tkr¢ri(X1en￿ 31 March 2025 (CO￿[￿￿e 2112S 2024 IDvestmen¢ in¢om* 19,845 19.845 13,465 £19.845 £19.845 £13.465 Tra￿sfer of futtds l Apru 2023 Porthi Dre was registered with the Tharity Commission on I l November 2022. after pr¢viously operaiing under the sur￿¥1$10￿ of Cyngtsr Tref Frenhinol C¥rnarfon IcfFC). CTFC pyepare their financial ststemmts annually to 31 Mareh. Transfic¢ions on behalf of Porthi Dr¢ have been included in CTFC'S xcounts ￿ 31 March 2023. with the baiance of fi￿dS at the year4rKi of £93.415 tyansfeu¢d to th¢ Cloon l Awil 2013. UDreMTkntd Rejtrictsd 2025 2024 Cos¢ fjf Ch•rltable athltle4 Wages and salaries Administrative support B¢n¢fi¢iary support a￿1Ville1 He￿ and li8ht Repairs and maint¢n8n¢e Pest conlrol Telephon¢ Waier rnt¢s Was1¢ ¢olleciion 38J61 32,749 71 JIQ 32,517 15,299 5,277 8.953 3.161 330 13.256 814 6.963 18,533 9,767 10,124 330 1.158 6,385 1,936 300 616 123 .326 I4,￿>0 2245 7,549 1,949 850 149 184 561 3,835 615 5,635 967 202 15266 3,065 1.666 3.143 613 763 19.101 3.680 7.301 3.143 1rt5ur#nc¢ Food eo$t$ Cleanin8 c￿)k 82.213 64,761 147.044 85,095 sup￿1 wsts (Note 7) Gov¢rnan¢e ¢A)sts ￿0te 8) 22.454 2,806 3278 25.732 2.806 22,430 4J96 £107J43 £68,039 £175.582 £111921 12 PORTHI DRE Notss to the fln*Dd*l thtementsfty I￿pen0d*￿I3I Mfjrch 2025 (Conknue UnreJ¢rk¢e41 Restricted 2(125 21124 Support Costs Posta8e. printin8 and sth¢ion¢ry Consumables a￿1 packaging Workshop 8rh4 events Websiie and computer eosis Fund raising Licence5 HWB CacrnarfThL TIW￿pOrt and swithy ts)sts Bank charges Staff training ccots PPE Costs Advertlsin8 Volunteer wsls Depttciation 432 383 4.170 1.410 85 517 383 4.350 1,852 561 180 442 4,689 822 400 937 621 899 .019 296 359 108 750 1.019 296 359 108 750 488 195 362 14.152 488 195 362 11069 388 12,069 2.083 £22.454 £3,278 £25,732 £22.430 Umrestrleled Restridtd 2025 2024 Govvnxnce A¢￿Wit￿nCY fees Cyngor Tr¢f Caernarfon Coullcil 2.806 1806 1.366 3.030 £2.806 £4.396 Sthff cojts *nd trnst¢u' r¢muntr*tion 2025 2024 Wages National Insuranc¢ Employerp¢n$ion contributions 69J94 448 1,468 31 J62 457 698 £7l.310 £32.517 t￿ring the year th¢ 4verd8e number of full-time tyuivaleni employe¢s w* 3. The ¢h8rity con5ideTS that the key M￿￿¢mc￿l personnel include the tnL5tee5 and co)rdinator. The tots] c05t of employrnent (including empioyerpension Lx>Thtributions} of key management petsonrtel for the yvdr was £24,80912024- £2I,4681. No empkiyee eamed £60.000 a year or more. ) reMut￿ratIOn w&4paid to ofthetrurtttsduringtheyettr. One Trustees ryaid expenses of £l.580 during the ycar (2024- None). 13 PORTHI DRE Notes t• tbe Ilnanelal ststemthtsJor th¢Frith4en¢kd31 Alorch 2Q25 (CO￿￿￿*d) Fii¢d assets EqHipn*nl C05tor At l April 2024 Additions 48276 8.333 At 31 March 2025 £56,609 Depred&llon At l April 2024 Chor8e for th¢ year 12.069 14.152 At 31 March 2025 £26221 Nel Book Vol4e At 31 March 2024 £36.207 At 31 March 2025 £30.388 11. Debtors 202S 21124 Rentsl d¢btors Pr¢payments 1.720 1.123 1278 £3.823 4843 12. Credlthrs: Ivnowffj$fallingaK vithin one)Y 2023 2024 AccrpJAIs 6289 1.868 £6289 £1.868 13. T•x Porthi Dre Iw elthritablc S￿l￿S and as such is tr)t charyeable under Corp)ration Ta 14 PORTHI DRE Notes to the fittADti*l yt*tementsfor thgwri￿eIthd5J March 2025 (CO￿1￿* 14. Tr•n￿rtiOnS Tr￿1 Publi¢ Awthoii¢w *Dd oth¢r i•t¢rtfj¢e41 p•rtiu 2025 2024 During the year the charity rtceived the followin8 iiio)me: Wclsh CM)veTnmcnt Cyngor Gwynedd- TrMri(yJs grants UK Government M¢nter Mon Cyn8orTref Ce8rnarfon NAtional Lottery Community Fund Hwb C.aernarfot) North Walcs Polirx North Wal¢s Howtng Adrn Shared Prosperiry Fund (UK Government) MAntell Gwynedd CIST Gwynedd l Gwynedd Community Chest 28.070 56.877 20.675 23.012 20.0(N) 15.773 25.OCiI 46,198 4.130 3.420 100 5,400 1.000 16,610 3,￿)0 15,000 1,590 15. ConlrolliDg P*rty The organiwion ￿ntrol￿d by the Trust¢e5. J6. St•t¢m¢n¢ of F¥Dds l April 2Q24 31 M#reh 2025 Ithe•me Exptndlture UDrestrlcted General Reserve 10¥92 133J33 (107.543) 128,582 Restrlcted Fundj Cost of Living SUp￿)rt grant menstru￿ Support GT8ni Grdnl Revenue Arfor- WAG Grani Capital Arfor- WAG National Lottery Community Fund C>mgor GwytKdd- Food Project Grgnt C>mgor Gwyn¢dd- Young Pwl¢s Prov. Gront Gwynedd EmpowernJen¢ Grant- Revenue Gwynedd Ernpowerrneni Grant- Capttsl North Wales Police North Wales Police C&C Grant Adra- Community Investmellt Fund Menter Mdn Cylchol & HWB Cyttgor Gwyrtcdd- Wanrt Welcome Grnnl Cyngor Gwynedd Gr•)t Dwvm Grwp Cynefin British S¢ien¢e Asyxiation (1.701) 11385) (23.096) {1.243) (15.5521 (1,3601 (15001 (6,053) (8401 14001 (s.0001 (445) (488) (3.0001 (19761 151)01 {500) 2,199 415 800 23.096 4.974 15.773 1.360 2.500 6.053 3.359 3,731 221 2,519 1.000 14.088 3,0 2,976 555 13,600 51x1 86.279 {68,039) 23,240 T4)ts1 £107J92 £219J12 (£175J82) £151J22 15 PORTHI DRE Notes to the f￿8￿<1*1 Sts¢em￿tsfOr I1*￿Ti￿￿eR￿d3J March 2025 (CO￿l￿d) 16. ststement of (ContiDued) Current cUrre￿t Creditor5 To¢41 UnreJtricttd G¢n¢Tal Fund as at 31" Marth 2025 £24.138 £110.733 {£62891 £128.582 Restrleted Funds: Cost of Livkng Support 8rnnt Mtllstruat Support Gr3nt Grant capit￿ Arfor- WAG National Lott¢ry Community FuThl Gwynedd Empowernient Grant- Capitsl Adra- Community investhient Fund Meniff Mon Cyl¢hol & HWB 1199 415 2.199 415 3,731 3.731 221 1519 2,519 555 13,61XI 555 13.6(Kl Restri¢ted Funds as at 31* March 2025 £6250 £16.9 £23,240 The uttrtjtrhcted fund is prornotr the ¢hwity's I￿1VIties. Restrleted Thnd$: Cost of Llvlng Support Gr*tst These are funds received through th¢ Aduh Health and Wellbeing Departtnent of Cyn8or Gwynedd to provid¢ f(d •nd fuel vouth¢rs and klp residents with cosl of living chdl¢nges. M¢nstruAI Support GrAD¢ These are funds received through the Adult Hea]th and Wellbeing tkpanment of Cyngor Gwynedd to Fyovide menstrul 1Th1￿ts to and IKlp residents with cost4if.livin8 chall¢ngeg. Adv* CrAMt Th¢ r¢s¢ri¢ied funding of £l.O(Kl is for kcep frt artivitiC5 foroldcr p¢ople durin8 Clwb Sehont. The funding is for one year from July 2024. As a resull there is £555 l¢ft to be used b¢twe¢n April and June 2025. The rest is included in the charaty's activÉties costs. N•tlonal Lot¢*ry Communlty Fund Gr*Dt Th¢ restricted funding of £15.773 is for runnin8 the Rhannu S8ran scheme. Thi5 is a twfryear scheme. £26,617 due in 2025126. Gwyttedd CouDciI FOLKI Stheme Gra￿t The re5tricied funditk8 of £IJ60 for the pwchas¢ of food is for the Rhwjnu Sgran sch¢m¢. The expenditure i$ all under th¢ charity's %iivities wsts. Ment¢r Cykhol Grnnt £13.600 of resthcied fimding w85 roceived from Mentcr M(in in advance towards th¢ Cabon y Cofis Scheme. The money is lo be wed to the scheme from April 2025 w January 2026. 16 PORTHI DRE f4o¢u ¢0 tb¢ f￿*￿¢1#1 stat¢m¢ntsfor ￿￿￿n0den￿3l Mtr¢h 2025 (Co￿1￿ J6. St•tememt of (Co￿11￿￿e￿) Welsb Governmtht Arfor Grant Tr restricted fundin8 of £28.070 Éstoward5 a5alary contribution andanew floor forthe reccption and dinlng Toom. The £4.974 portitin for the flo(w is included wth the fixed assets and will be depreciated over 4 ye4r5. Salaries inclu¢k £23.096- the ch¥ity'S adivitie$ costs. Gwynedd EJDpoiverment GT*llt- Menter M6D Th¢ r¢stri¢ied funding of £9,412 fiom Menier Mon has been divided into £4.493 for the pu￿has¢ of a 5tovc, frcezcr and Bain Marie which have becn included in the r￿ed assets and will be depreciated over 4 years. The remaintng £4.914 is ftsr the refillbishment and repair of kitc*en appltanc¢s artd &pp¢ars in th¢ ¢h•Tity'J a¢tivities eosrs Hwb MeDter- Menter Mon The resiri¢ied ￿ndIng of £488 has beM earnwked Sx the purdwe of PPE ¢lothin8 for the of Cthn y Cofis 8TrJ appews irt the charity$ support fvThJins. Gr*nt DegTh- G￿edd CDuDdl R￿e1ved £3.000 of restricted fi￿￿1￿8 for Clwb Hwy charily's activities ¢oJts. ¢Dt¢rlainwL Th¢ £3.000 appeaT5 in ¢he Gr*p Cyner £500 of restri¢t¢d fvndin8 r¢c¢ived from Gnfvp Cynefln to S Christma5 dinner 8clivitieJ for residents of Caern8rfon WKI th¢ SUTrowHling 8re& The £500 appears in the charity's #etivitieg costs. GThyedd Coundl'j W*nn Welcorne Reccivd £3.000 of rtslricted fvnding io njn a Rhannu'n De8 Qfé throughout the winte¥. The £3.000 is included in the charity's Ictivities ¢ots. North Wales Pollc¢ •nd Crime CommiuioTh £5.0(Kl of resiriaed funding h&8 been le￿$Ved ￿ nm a Club for YounB knple until March 2025. Th¢ £5.000 15 in¢luded in the ch#rity'5 activiti&% Costs. Gwynedd Coundl Ywth Ald Gr•ot £2.5(Kl of rrstrithcd funding ha5 been receiva Club for Young People until March 2025. The £2.500 i5 ittcluded in the Ghwty's a¢tiviii¢s ¢os North W8le5 Pollce Rettived £500 of restri¢t¢d fwiding to a club for Young People until March 2025. The £5(Kl is trhcluded in the ¢harity's activities ¢osts. Brltljh Sdenee AMo¢5*tlon Th¢ So¢i¢ty h&s receiv￿ £5(K) of restricted fundin8 to cany out two seieiice aCti￿tieS during Science Week in March 2025. Tht ￿$¢ of £5(K) &p￿aT$ in the ¢hariry'S a¢tiviii¢$ ￿$ts. 17 PORTHI DRE Notes to the f￿￿￿1#1 ststemeDtsfor the￿i￿en{￿d3] March 3025 (CO￿1￿ 17. Prlor Year Ststement of Fi￿￿￿¢111 Athiti UMTtstrirted Restricted 31 March Funds 2024 Not IneoThln8 resoiircos tk)nations and Iwits 13.0 13.090 Cbarilable a￿]Y]ti¢l 94543 5.000 99.543 Investtnem income 13.465 13,465 Other income: Funds intrody¢¢d * l Awil 2023 5 93.415 93.415 Tot*1 214313 S.￿0 219.513 Expe•dhure Charitable activities Net expendttuft for th¢ yeAr 102.592 107.592 B￿￿ce at 31 Marth 2024 £102J92 £5.0(Ki £107J92 All of the d)ove results are derived frorn continuing a¢ttvities. All 88ins and losseg reeo8ni%d in the year ore included thve. l& Prlor Ye*r Stst¢ffjent of Fund* 31 MAre Incowt Expendltu 21124 Unrestrleted FUD Gtnern] R¢s¢rve 214513 {111.921) 102J92 Restrieted Funds Cost of Livin8 Sut4KJrt grant 2.(￿0 2,000 5.000 Tot*1 £219J13 (£111,921) £107J92 18