1Compass Annual Report: noortQhArity As the Chairperson of 1 Compass Youth Support Charity, it is my privilege to reflect on the pastyear-a year marked by remarkable achievements and notable challenges that have shaped ourjourneyand strengthened ourcommitmentto the youth we serve. AGhievements This year, 1Compass has reached new heights in supporting and empoweringyoung people across our community. We have successfully continued several innovative projects that have made a significant impact: Expanslon of Youth Programs.. We continued our programs that focus on mental healrh, career guidance, and life skills. These programs have been met with enthusiasm and have received positive feedback f rom both participants and their families. In addition we now offer a positive reward scheme for young people who are actively engaging with this service. Communlty Engagement: Our outreach efforts have grown, with more young people engaging in our activities and events than ever before. We hosted a series of community events thatfostered a sense of belonging and provided a platform for young voices to be heard. P8rtnership5 and Collaborations: We forged new partn8rships with localvoluntary and statutory sectors, schools, and other businesses. These collaborations have enhanced our resources and allowed us to otler a broader range of services. Secured fundingto operate at fullcapacity.. Saleryfortwo staff roles has been secured forthe next twelve months, which enabl65 groups to operate everyweek and developthe charities reputation within the community. Challenges While we celebrate our successes, we also recognize that challenges are what tests our resilience: Fundlng and Resources: Securing consistentfunding remains a challenge. We have researched ways to diversify our funding sources. but there is still a need for sustainable financial support to continue and expand our services. Core funding h8s grown. 1Compass h8ve made considerable contributions towardy utilities and overheads at the Tan Y Lan centre. Pandemlc Impact= The ongoing effects ofthe pandemic have posed significantobstaclgs, from restrictions on in-person activities to the increased demand for mental health support. but tho naed for in-person interaction is deeply felt. Youth Disengagement: Despite our efforts, some young people remain disengaged and isolated. Addressing this requires innovative approaches and persistent outreach to ensure no one is left behind. LooklngAhead As we move foard. ourfocus remains on the well-beingand development ofthe young people we serve. We are committ8d to-
Innovative Programs: Continuingto develop and implement programs that addressthe evolving needs of ouryouth. Strengthening CommunityTies.' Deepeningour engagementwith the communityto build a supportive networkfor ouryoung people. Sustainable Grovrth: Pursuing sustainable fundingsolutions to ensure the longevity and impact of our services. In conclusion, the past year has been a testament to the strength, dedication, and passion of our team, volunteers, and supporters. Together, we have made significant strides in supporting ouryouth. and l am confidentthat we will continue to overcome challenges and achieve even greater success in the comingyear. The Board c*f Trustees are accountable tor the scheme's financial undertakings. To make proper decisions, the Board of Trustees receive adequate. timely and comprehensible information regularly at their Board meetings about the- 11 scheme's budget 21 cash flow projections 31 income and expenditure 41 assets and liabilities. In line with its financial obligations the following tasks are overseen by the Trustee Treasurer and Scheme man8ger 11 Budgeting 21 Funding 31 Risk analysis 41 Cash flow analysis 51 Expenditure 61 Bookkeeping & record keeping 71 Reporting 8} Financial monitoring Budgeting- ATthe beginningot each financialyear an annual budget is approved by the Board of Trustees. Following this approval, the manager monitors all staff spending in relation to their areas of work. Spending against the budget is monitored on 8 monthly basis by the Scheme Manager and reports of performance against budget are submitted to the Board of Trustees where anyvariations are discussed and justified. Funding-
The Board ofTrustees develop and approve a funding strategywith the Scheme Manager and Treasurer and ensures that the scheme has enough funds to carry out its activities, this is reviewed at all Board Meetings. The implementation of the funding strategy is the responsibility of the Scheme Manager supported by the Treasurer who keep the Board of Trustees fully updared on the implementation of the funding strategy. Funding opportunities arising that fall outside the scope of the agreed strategy will not be pursued without authorisation from the Board of Trust&es. Risk analysis - The Board of Trustee's ensure that the scheme does not take on any financial obligations that it Cannot meet. To this end, the Board of Trustees will ensure that there are adequate financial reserves to 8nable the exit strategy to be implemented. Cash flowanalysis- The Board of Trustees ensure that 1Compass ha8 enough money to pay all its bills and financial obligations on time and in full. The Scheme Manager and Treasurer provide the Board with adequate, advance financial planning information, to enable Trustees to make long-term financial decisions that will endeavour to keep the scheme financially viable. A minimum of two signatures are required on any cheques issued and at least one signature on each cheque is from a Trustee, new signatories are approved by the board of Trustees before action is takèn with the bank. All cheques are issued against an invoice, receipt or expenses ctaim form. Signatories check that the expenditure has been authorised by the appropriate person before signing the cheque. All invoices, receipts and expenses claim forms are numbered, cioss-referenced and filed. 1Compass uses Xero accounting software, and all transactions are approved bythe manager and monitored bythe trustee treasurer. Payment authorisation and Purchase Ledger- All invoices are authorised for payment bythe Scheme Manager. The Scheme Manager is responsible for checking invoi¢es for accuracy in terms of figures anij conformity with the order placed, that the servicesigoods have been received, and anyproblems are followed up. The Scheme Manager operates a database in Xero. all incoming invoices are recorded and passed for authorisation and suppliers are paid within the appropriate timescales. Bookkeeping and record keeping is the responsibility of the Scheme Manager and all entries are reconciled on a monthly basis. An Ineome and Expenditure report is prepared each month which is supervised bythe scheme Manager. Bank Accounts & Reconciliation - Bank Statements are obtained on 8 monthly basis and the database is reconciled each month to the bank st8tements as part of the Xero package. Proper accounting records are kept and appropriate control of accounts e.g. bank, and salaries are prepared by the accountant's payroll section.
All income is paid into the scheme's bank account 8$ soon as possible and all monies due to the scheme are invoiced promptly. Any monies received in cash i.e., donations are issued with a letter of receipt and any cash income is banked and not used for petty cash expenditure. A detailed report is prepared for the Board of Trustees and shows spending against projected budgets on both a monthly and cumulative basis. The Treasurer oversees the implementation of th8 scheme's financial procedures at r8gul2r meetings with the Scheme Manager where they discuss financial and funding issues, 1Compass plans to further develop the Trustee Board, by maintaining strong Governance and aiming to enrol Trustees who have skills in fundraising. strategic plenning, planning for quality and tendering and procurement. Exit Strategy- It remains a priority forthe Board to risk assess and further develop our fundraising strategy by retaining our connections with local businesses and org8nis8tions. Our strategy will include developing our contacts and partnerships with appropriate Trusts and Grant making bodies seeking tunding for the future security of the scheme. We endeavour to continue to build up our reserves through fundraising and grant applications, by adding these to the unrestricted funds. Should these avenues be unsuccessful 1Compass will downsize its activities and work towards re- developing the service where possible. If this proves to be unsuccessful. we would follow the agreed Exit Strategy with regard to closing down the service. Reserves policy- It is the intentlon of the Trustees th8t, in the event of a cessation of core funding, the scheme's reserves be used for the following purposes. to run the scheme for as long 8s possible. offer a redundancy package to eligible employees in accordance with the redundancy policy and cover any other costs in relation to winding down of the charity's activities. Principal funding sources: Gwynty Mor LocalTown Councils Rhyl Flats Steve Morgan Foundation BBC Children in need National Lottery Community Fund The Moondance Foundation STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee. as defined bythe Companies Act 2006. Recrultment and appolntment of newtrustees The Ch8rity has an average of 4 trustees. All new appointments are made with the agreement of the existing trustees. Existing trustees are open to being approached regarding trustee recruitment and continue in their endeavours to increase and strengthen the Trustee board. Risk management The trustees hold regular Board Meetings to identify and review any risk8 which th8 charity may be exposed to, to ensure appropriate monitoring is in place to provide reasonable assurance against fraud and error. Th8 Scheme Manager and Treasurer provide quarterly financial reports and cashflow forecasts to the Board. Financial and procedural decisions are made at these meetings, using this information for guidance. REFERENCE AND ADMINISTRATIVE DETAILS Registered Companynumber CE032408 {Engiand and Walesl Registered Charity numbar 1203257
1Compass REPORT OFTHE TRUSTEES FOR THEYEAR ENDED 31 March 2025 REFERENCE AND ADMINISTRATIVE DETAILS Reglgtered offlce Tan Lan Communitycentre Tan y Lan Road Old Colwyn Con LL299BB Trustees Phil Davies RevTim Hall Joshua Roberts Kathryn Martin Company Secretary Nihal Williams Independent examlner Williams Denton Cyf Chartered Certified Accountants 13 Trinity Square LLandudno
United Kingdom Conwy LL30 2RB This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relatingto small companies. Approved by order of the board of trustees on behalf by: .101126 and signed on its Trustee signature: Timothy R Hall Date: th 6 January 2026
CHARITY COMMISSION FOR ENfjLAND AND WALES f Comw• 12032S7 Recelpts and payments accounts CC16a For thtr pèrfjod from 0110412024 3110312025 To Section A Receipts and payments Unrestrlcted funds Restrlctèd fund$ Endowrnpnt funds Tg1¢l fund Laty•ar t¢th• wwt£ thth• n•ar•st£ lothe TrEDrest£ totk nEarevl£ A1 Recei 8gyofCoWn T0COuncJl Big Sky Gr&nl- BBC in N 1.000 5.000 25,141 1,$15 2,489 10,000 248 1,000 1,000 5.000 25.141 gCT F¢$h CTOron cffje Expans NaITraI Lrltery CommututyFund N$l9hbouth¢od Poll¢lng Team gurnmorsports Fund NW Frverna5QnS Sl¢ve Foundli(Il ThoArts $0&0 Th@ MiichellTwst YOlh Lèd Gl KFC Faundatia Sart 10,000 248 3).735 250 33.73$ 2EO 450 150 600 402 Sub total(Gross Income lor AR) 80,928 83,92 A2 Asset and i1wtrnQTht salgs. Isae tablo). Sub total 3,000 80,928 83.92B 1.002 A3 Payments Aciivknes grusl & Mathl Audit &AtthunlanryFggS EmrAoyÈrs Nabona IrtSuian¢ Emw)yers 10Th8 Ewipment Food & Drir General Expense8 561 75D 146 ).501 3.501 1.545 1,725 72 448 132 39.6J9 Postaoe. FrtightÈ ¢wriet SalariB5 132 39.689 Stsb tosql 1.135 A4Ats5et and investment ur¢ha$e$. (see table Sub totsl 1.835 46,246 48.fy81 493 Net of ré¢8ipls/(paymentsJ AS Transfers b•tw8e fund5 A6 Cash funds last year end Cash funds thls yoarend 1,165 34,682 35,847 $09 509 1.6r4 509 34,682 36,356
Section B Statement of assets and liabilities at the end of the period UnresthGted fund$ to Mar•st£ Rtsthct8d funds Endowment funds lo n94r•st£ C•tegorles D•¢•l B1 Cash lunds 8arl( 1.674 34,682 Tot81 cash funds 1.674 34,682 Ptym£n Rèstricttrd funds Ertdowmtnt funds t4 nearest£ funds to nearest£ DotaM$ Fund tOwhi¢ 5S•t b8lon Dota115 ¢Mtlopfj¢narJ Curiont vÈlu 83 Investment assats Furtd towhleh a$s¢t10Th Curr&rttv3lvfy on&1 D•tall$ 84 Assets retained for the charity's own use Fund to wwch Am¢wnt41u• du• DBia115 BS LSabllltl0s Signed byone or trustées on behaYof al the trusiaès Siqn8lure Print Name Date of rDval J.Roberts 05h)1I2026 Timothy R Hall 0810112026
INDEPEM)ENT EXAMINERS REPORT TO THE TRUSTEES OF I COMPASS l&dependent aMIner'S f¢pDrt to tbe tr11t of I Compasj l Teport 10 the charity trustees on my exgmiD8ison of the accounts of the Company for the yearentsl 31 Mar¢h 2025. Rop0vE1#s¢1 and basls report As th¢ ¢liarity's tntst¢gs of the CoEDpaDy (al aho its dirt0S forthe purposts of pAlly law> ar¢ rwon8ibl¢ fi)r the prep8ration of th¢ ¥cowits in a¢1¢ with the r¢qutwwts of the CoDwanies Act (the 2(KJ6 Actry. Haviti8 satisfied mys¢that th¢ awunts of th¢ Conwany 4r¢ not Twuiml to b¢ audit¢d uttder Part 16 of the 2(K>6 Ad and are eligible for illdepen&nt eX]natio I reF ill r¢spe¢t of my ¢xAmination of YOUT ¢haritys a¢¢ounts #s carri out under Section 145 of the Charities Act 2011 Cthe 2011 Aci?. In tty1g out my eXamI10n E hav¢ followed th¢ Dircctions 8ivcn by Ihe Charity Commi$sion Mndex S¢¢iiots 14515) (b) of the 2011 ACL lttdeptttdetht examkn¢r'$ statement I have completed my exati)itiAtion. I collfm th•t matt¢E5 hav¢ cotog to my att¢nI1 in with th¢ examinaiiott giving me cau8¢ to b¢li¢v¢.' a¢countingrecord$ were Dot kept ID T¢8pe¢tof th¢ Con)pany as required by Sectioti 386 pf th¢ 20(kS or the accowits th) not wrd with thos¢ or the g¢¢ounts do not comply with th¢ &¢counting Y¢quir¢ments of Se¢iion 396 of the 2006 Acr other th$ requirem¢ut that the accounts give a trlle and fair view which 1$ DQt a Jnatt¢r ll51ded as part of A ittdep¢Dd¢nt aMInatio. or k¢ aUnts bav¢ not bcen prep8r¢d JD cordanC¢ with th¢ methods and principl¢s of th¢ Sta¢ernent of Recomtnelld¢d PM¢tice for accouuting and x¢portiDg by ¢hariti¢s (applicable to charities pr¢patitiÈ their awouDts in ac¢ordAnce with the Fi]Wi¢1 Reportuig Sthndard appli¢able ID tkn UK attd R¢public of Ir¢Id (FRS 102)). I b¢ ¢on¢¢rns and hav¢ ¢A)m¢ acT05s no oth¢r rnattus in CODne¢tionwitb the ¢xamition to wbich atientM)ll 8hould be drnwn in this r¢pc*t iti to enable 4 pmp¢t und¢rstalldillg of tb¢ aCL¥yunts to bc reathed. Willizm$ Denton Cyf Ch8rtcrrAI C¢rtified Accountsuts G]a$lsm Ffordd y Parc P4Y¢ MeDai Bangor Gwyncdd LL57 4FE