**Charity number: 239899**
# **YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2024**
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' Report**|2 - 6|
|**Independent Examiner's Report**|7|
|**Statement of Financial Activities**|8|
|**Balance Sheet**|9|
|**Notes to the Financial Statements**|10 - 25|
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024**
**Trustees** Jonathan Colchester, Chair Penelope Williams, Treasurer to 29 June 2024, Vice Chair from 29 June 2024 Simon Brook, Treasurer from 29 June 2024 Dr Ken Addison Wendy Blythe (appointed 18 July 2024) Dr Jonathan Dean Robert Hepworth Dr Christine Hugh-Jones Geoffrey Sinclair (resigned 22 March 2024) Victor Warren Richard Williams-Ellis
**Charity registered number** 239899 **Principal office** Ty Gwyn 31 High Street Welshpool Powys SY21 7YD **Accountants** WR Partners Chartered Accountants Hafren House 5 St Giles Business Park Newtown Powys SY16 3AJ
Page 1
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024**
The Trustees present their annual report together with the financial statements of the Charity (CPRW) for the year 1 January 2024 to 31 December 2024.
## **Objectives and activities**
## **a. The purpose of the charity**
The charity is a registered charity, number 239899. The purpose of the charity is defined in its Charitable Objects. These are to:
- Organise concerted action to secure the protection of the landscape and environment of the countryside of Wales recognising the importance of its communities and culture.
- Act as a source of advice and information in respect of the protection and enhancement of Welsh landscapes and countryside.
- To arouse, form and educate opinion.
## **b. The main activities carried out by the Charity**
Our activities are undertaken by the volunteers in our branches throughout Wales and centrally by the trustees and staff members working for the charity.
Our main activities are as follows:
- The promotion and safeguarding of the distinctiveness of all Welsh landscapes, by treating them as national assets, for those who live in them, depend on them or who enjoy their qualities. We continue to promote outstanding endeavour in rural enterprises in our ‘Rural Wales’ awards organised by our branches.
- Reinforcing the need for legislation and planning decisions in Wales to comply with the Wellbeing of Future Generations (Wales) Act 2016 and the obligations to conserve, enhance and promote our designated landscapes. We undertake this normally through detailed responses to policy and planning consultations.
- The costs of £30,988 relating to ‘Branch/HQ support’ included in note 8 of the accounts relates to the support and reestablishment of our branches.
- The immediate and most significant threat to the Welsh countryside comes from the proposed inappropriate large scale renewable energy schemes and the associated infrastructure. The charity supports the UK and Welsh Governments’ net zero objectives and targets and actively promotes alternative strategies to achieve them. These include: the development of an integrated offshore electricity transmission grid to connect offshore wind farms to the main centres of electricity demand; having a presumption towards subsea or underground electricity cabling; the pursuance of off-shore wind generation as a better alternative to onshore windfarms and large scale solar farms and the making of roof top solar a standard requirement for new buildings with a funded programme for the retrofit of suitable existing buildings.
Page 2
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Objectives and activities (continued)**
## **c. The Charity Commission’s guidance on public benefit.**
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2).
The Trustees consider that all activities undertaken by the Charity have been undertaken for the public benefit as described in the guidance
## **Achievements and performance**
## **a. Review of activities**
During the year, nationally and locally through our branches, CPRW has continued to respond to a significant number of consultations. We acknowledge the tremendous effort which our branches and key individuals make to this process, in particular, because of our limited staff resources.
## **Activities and achievements during the year include:**
- The continued active opposition to the plethora of large-scale wind turbine schemes across Wales which are so damaging to the Welsh uplands. A particular egregious scheme, which we are actively opposing, is the proposed ‘Nant Mithil Energy Park’ of 31 turbines, 220 metres high in Radnor Forest in South-east Powys. The charity received donations of £57,246 during the year towards our campaign against this proposal and incurred £6,992 of costs. (page 22, note 18)
- We continue our opposition to the proliferation of large-scale solar farms on the environmentally and historically important Gwent Levels and actively support the proposal by the Welsh Government for additional protection for the Levels.
- We continue our objections to the industrial poultry units which have caused so much damage to the river Wye.
- We have supported the proposal for the establishment of the North-East Wales National Park, which would be the first designation for a new national park in Wales for over 60 years.
- During the year a work was undertaken to re-establish new branches. The Glamorganshire and Valleys branch was formally established with a working committee in January 2025. The Ceredigion branch was successfully reestablished in September 2024.
- We continue to work closely with the Campaign for the Protection of Rural England (CPRE) in the many areas where our interests overlap. This includes our activities in protecting the river Wye from potassium pollution and advocating roof top solar.
Page 3
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Achievements and performance (continued)**
## **The difference the charity has made and the wider benefits to society**
The charity often works in partnership with other environmental groups and activists. A major part of our work is dealing with the planning process and ensuring that evidence is prepared and presented in a timely manner. Due to this collaborative approach, it is often difficult to identify success stories which are entirely down to just our own efforts. There are considerable benefits to society of protecting the Welsh countryside from either inappropriate development or proposed development that can be modified to minimise adverse impacts. We actively encourage anybody concerned with an issue that affects the countryside to have their say and to take their part in the planning process.During the year, nationally and locally through our branches, CPRW has continued to respond to a significant number of consultations. We acknowledge the tremendous effort which our branches and key individuals make to this process, in particular, because of our limited staff resources.
## **b. Fundraising**
We were fortunate to have continued support from Tedworth, a Sainsbury family Charitable Trust, along with an anonymous Trust. Both trusts have been long standing supporters of our Charity and we are deeply grateful for their support.
## **c. Investment policy and performance**
Due to the continuing unpredictability of the markets, and our potential short term need to have access to liquid funds, the reserves continue to be held by Head Office as cash. They are invested with CCLA who pay a higher rate of interest than High Street banks.
## **Financial review**
## **a. Financial position**
The charity is dependent on continuing legacies to support the current level of activity into the future. The trustees are always aware of the need to reduce expenditure in a timely manner if the level of funding reduces. Although the charity receives more predictable income from subscriptions and regular donations, this is not sufficient to cover all costs.
Despite this, the current financial position is acceptable and enables us to plan a level of activity for at least the next three years. Whether this can continue beyond three years depends on the level of future legacies we receive. The charity received legacy income of £55k in the year (2023: £53k).
We are fortunate in receiving a substantial increase in donations this year of £109k (2024: £38k). This primarily reflects the raised concerns over the substantial increase in proposed wind farm developments across Wales, together with the associated infrastructure and pylons.
Page 4
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## **b. Reserves policy**
It is important for the charity to maintain sufficient reserves to cover costs in future years where there may be no significant income. We are reliant on legacy income to be able to operate at an effective level of activity. However, being too conservative and retaining too higher level of reserves would mean the charity being unnecessarily restricted in its activities.
In general terms the trustees consider that maintaining reserves that cover the following three years of net costs (anticipated costs less recurring income) is a reasonable policy. The charity is very dependent on a sufficient level of staffing, and it is important to provide reasonable certainty of employment, at least over this period, to retain and recruit high calibre staff.
The free reserves of the Charity are calculated as the unrestricted reserves less the designated funds (branch funds) and unrestricted fixed assets, and amount to £287,411 (2023: £295,749).
The free reserves at the Balance Sheet date correspond broadly to three years of net costs, (costs less broadly regular income but excluding legacies).
## **c. Going concern**
After reviewing the current financial situation and making the necessary enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the coming year.
## **Structure, governance and management**
## **a. Constitution**
Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales is a registered charity, number 239899, and is constituted under a Trust deed.
## **b. Methods of appointment or election of Trustees**
Within the charity, policy is determined by a Council which constitutionally meets three times a year. Members of the Council include branch representatives and other members elected at the Annual General Meeting. The Council elects up to nine of its voting members to serve on the National Executive Committee (NEC). Members who serve on the NEC are ex officio the Trustees of the Charity.
## **c. Future structure**
The Charity registered a company limited by guarantee (with charitable status) in 2022. The intention being to transfer of the charity’s activities to the company. This has been delayed whilst we explore an effective method of transferring banking arrangements. Meanwhile we continue to operate as a non-corporate entity.
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**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures 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 business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
.............................................
**Jonathan Colchester** Chairman
Date: 16 April 2025
Page 6
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Independent Examiner's Report to the Trustees of Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2024.
## **Responsibilities and Basis of Report**
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Tim Lunt WR Partners Hafron House 5 St Giles Business Park Newtown SY16 3AJ
Dated: 25/07/2025 BA FCCA MTPI
Page 7
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Note**
**Income and**
**endowments from:**
Donations and legacies
3
Other trading activities
4
Investments
5
**Total income and**
**endowments**
**Expenditure on:**
Raising funds
6
Charitable activities
7
**Total expenditure**
**Net**
**income/(expenditure)**
**before net**
**gains/(losses) on**
**investments**
Net gains/(losses) on
investments
**Net movement in**
**funds**
**Reconciliation of**
**funds:**
Total funds brought
forward
Net movement in funds
**Total funds carried**
**forward**|**Endowment**
**funds**
**2024**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**120**
**120**
**29,661**
**120**
**29,781**|**Restricted**
**funds**
**2024**
**£**
**88,076**
**-**
**-**
**88,076**
**-**
**14,430**
**14,430**
**73,646**
**-**
**73,646**
**3,068**
**73,646**
**76,714**|**Unrestricted**
**funds**
**2024**
**£**
**102,265**
**5,316**
**18,450**
**126,031**
**4,257**
**134,771**
**139,028**
**(12,997)**
**(6)**
**(13,003)**
**366,183**
**(13,003)**
**353,180**|**Total**
**funds**
**2024**
**£**
**190,341**
**5,316**
**18,450**
**214,107**
**4,257**
**149,201**
**153,458**
**60,649**
**114**
**60,763**
**398,912**
**60,763**
**459,675**|_Total_
_funds_
_2023_
_£_
_108,797_
_3,399_
_14,295_
_126,491_
_3,241_
_145,635_
_148,876_
_(22,385)_
_1,780_
_(20,605)_
_419,517_
_(20,605)_
_398,912_|
|---|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 10 to 25 form part of these financial statements.
Page 8
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **BALANCE SHEET AS AT 31 DECEMBER 2024**
|**Note**
**Fixed assets**
Tangible assets
12
Investments
13
**Current assets**
Stocks
14
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within one
year
16
**Net current assets**
**Total assets less current liabilities**
Creditors: amounts falling due after more
than one year
17
**Total net assets**
**Charity funds**
Endowment funds
18
Restricted funds
18
Unrestricted funds
18
**Total funds**|**3,327**
**10,643**
**401,141**
**415,111**
**(7,457)**|**2024**
**£**
**21,031**
**33,640**
**54,671**
**407,654**
**462,325**
**(2,650)**
**459,675**
**29,781**
**76,714**
**353,180**
**459,675**|_4,630_
_2,383_
_347,535_
_354,548_
_(9,309)_|_2023_
_£_
_21,939_
_33,434_
_55,373_
_345,239_
_400,612_
_(1,700)_
_398,912_
_29,661_
_3,068_
_366,183_
_398,912_|
|---|---|---|---|---|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................ **Jonathan Colchester** Chairman
Date: 16 April 2025
The notes on pages 10 to 25 form part of these financial statements.
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**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. General information**
Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales is a registered charity, Charity number 239899. The members of the Charity are the trustees named on page 1 of these accounts.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (update effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
Ymgyrch Diogelu Cymru Wledig Campaign for the Protection of Rural Wales meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Going concern**
After making enquires, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing its financial statements.
## **2.3 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
Page 10
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **2. Accounting policies (continued)**
## **2.4 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
## **2.5 Government grants**
Government grant income is recognised when there is evidence of entitlement to the grant income, receipt is probable, and its amount can be measured reliably.
## **2.6 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.7 Tangible fixed assets and depreciation**
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Freehold property - 2% Straight line Fixtures and fittings - 20% Straight line
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**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **2. Accounting policies (continued)**
## **2.8 Investments**
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of Financial Activities.
## **2.9 Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
## **2.10 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.11 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.12 Liabilities and provisions**
Liabilities and provisions are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **2.13 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.14 Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
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**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **2. Accounting policies (continued)**
## **2.15 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Endowment funds are funds, the capital of which must be maintained.
## **3. Income from donations and legacies**
|Donations
Legacies
Government grants
Subscriptions
**Total 2024**
_Total 2023_|**Restricted**
**funds**
**2024**
**£**
78,326
-
9,750
-
88,076
_4,250_|**Unrestricted**
**funds**
**2024**
**£**
30,308
55,154
-
16,803
102,265
_104,547_|**Total**
**funds**
**2024**
**£**
**108,634**
**55,154**
**9,750**
**16,803**
**190,341**
_108,797_|_Total_
_funds_
_2023_
_£_
_38,293_
_53,422_
_-_
_17,082_|
|---|---|---|---|---|
|||||_108,797_|
||||||
Government grant income comprises of funds received from Denbighshire County Council to support the Clwyd Branch Project.
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**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **4. Income from other trading activities**
## **Income from fundraising events**
|Branches fundraising
Sale of goods
Fundraising events
Life membership
**Total 2024**|**Unrestricted**
**funds**
**2024**
**£**
609
1,992
2,065
650
5,316|**Total**
**funds**
**2024**
**£**
**609**
**1,992**
**2,065**
**650**
**5,316**|_Total_
_funds_
_2023_
_£_
_1,244_
_1,655_
_-_
_500_|
|---|---|---|---|
||||_3,399_|
## **5. Investment income**
|Rent
Interest receivable
Investment income|**Unrestricted**
**funds**
**2024**
**£**
3,120
14,456
874
18,450|**Total**
**funds**
**2024**
**£**
**3,120**
**14,456**
**874**
**18,450**|_Total_
_funds_
_2023_
_£_
_3,120_
_10,391_
_784_|
|---|---|---|---|
||||_14,295_|
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**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **6. Expenditure on raising funds**
## **Costs of raising voluntary income**
|Publicity & exhibitions
Fundraising events
Sale of goods
**Total 2024**|**Unrestricted**
**funds**
**2024**
**£**
638
1,127
2,492
4,257|**Total**
**funds**
**2024**
**£**
**638**
**1,127**
**2,492**
**4,257**|_Total_
_funds_
_2023_
_£_
_1,007_
_-_
_2,234_|
|---|---|---|---|
||||_3,241_|
## **7. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|Charitable activities
_Total 2023_|**Restricted**
**funds**
**2024**
**£**
14,430
_5,089_|**Unrestricted**
**funds**
**2024**
**£**
134,771
_140,546_|**Total**
**2024**
**£**
**149,201**
_145,635_|_Total_
_2023_
_£_
_145,635_|
|---|---|---|---|---|
||||||
Page 15
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **8. Analysis of expenditure by activities**
|Other activities
_Total 2023_|**Activities**
**undertaken**
**directly**
**2024**
**£**
67,184
_81,204_|**Support**
**costs**
**2024**
**£**
82,017
_64,431_|**Total**
**funds**
**2024**
**£**
**149,201**
_145,635_|_Total_
_funds_
_2023_
_£_
_145,635_|
|---|---|---|---|---|
||||||
## **Analysis of direct costs**
|Staff costs
Travel, training and subsistence
Consultancy
Rural Wales Awards
Online giving fees
Rural Wales magazine costs
Nant Mithil|**Other**
**activities**
**2024**
**£**
45,080
1,487
7,580
144
917
4,984
6,992
67,184|**Total**
**funds**
**2024**
**£**
**45,080**
**1,487**
**7,580**
**144**
**917**
**4,984**
**6,992**
**67,184**|_Total_
_funds_
_2023_
_£_
_71,213_
_3,814_
_100_
_297_
_822_
_4,958_
_-_|
|---|---|---|---|
||||_81,204_|
Page 16
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **8. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|**Other**
**activities**
**2024**
**£**
Staff costs
19,974
Depreciation
908
Premises expenses
6,224
Office costs
11,660
Event expenses
-
Meetings and conferences
714
Bank, audit and accountancy
3,571
Sundry expenses
5,709
Consultancy
1,334
Branch meetings
885
Branch / HQ support
30,998
Social media costs
40
82,017
**9.**
**Independent examiner's remuneration**
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts|**Total**
**funds**
**2024**
**£**
**19,974**
**908**
**6,224**
**11,660**
**-**
**714**
**3,571**
**5,709**
**1,334**
**885**
**30,998**
**40**
**82,017**
**2024**
**£**
**3,228**|_Total_
_funds_
_2023_
_£_
_19,384_
_908_
_5,551_
_12,979_
_4,130_
_101_
_4,065_
_8,478_
_-_
_1,332_
_7,503_
_-_|
|---|---|---|
|||_64,431_|
|||_2023_
_£_
_3,150_|
## **10. Staff costs**
|Wages and salaries
Social security costs
Contribution to defined contribution pension schemes|**2024**
**£**
**60,221**
**2,198**
**2,635**
**65,054**|_2023_
_£_
_84,572_
_2,459_
_3,566_|
|---|---|---|
||||
|||_90,597_|
Page 17
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **10. Staff costs (continued)**
The average number of persons employed by the Charity during the year was as follows:
||**2024**||_2023_||
|---|---|---|---|---|
||**No.**||_No._||
|Average employees||**2**||_2_|
No employee received remuneration amounting to more than £60,000 in either year.
The highest paid employee during the year received remuneration of £37,750 (2023: £35,981) including gross pay and employers pension contributions.
## **11. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2023 - £NIL)_ .
During the year ended 31 December 2024, expenses totalling _£_ 346 were reimbursed or paid directly to 1 to 1 Trustee _(2023 - £nil to Trustee)_ .
## **12. Tangible fixed assets**
|**Cost or valuation**
At 1 January 2024
At 31 December 2024
**Depreciation**
At 1 January 2024
Charge for the year
At 31 December 2024
**Net book value**
At 31 December 2024
_At 31 December 2023_|**Freehold**
**property**
**£**
**40,041**
**40,041**
**18,423**
**801**
**19,224**
**20,817**
_21,618_|**Fixtures and**
**fittings**
**£**
**81,748**
**81,748**
**81,427**
**107**
**81,534**
**214**
_321_|**Total**
**£**
**121,789**|
|---|---|---|---|
||||**121,789**|
||||**99,850**
**908**|
||||**100,758**|
||||**21,031**|
||||_21,939_|
Page 18
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **13. Fixed asset investments**
|**Cost or valuation**
At 1 January 2024
Revaluations
At 31 December 2024
**Net book value**
At 31 December 2024
_At 31 December 2023_
**14.**
**Stocks**
Finished goods and goods for resale
**15.**
**Debtors**
**Due within one year**
Prepayments and accrued income
Grants receivable
**16.**
**Creditors: Amounts falling due within one year**
Other taxation and social security
Accruals and deferred income|**2024**
**£**
**3,327**
**2024**
**£**
**4,143**
**6,500**
**10,643**
**2024**
**£**
**803**
**6,654**|**Other fixed**
**asset**
**investments**
**£**
**33,434**
**206**
**33,640**
**33,640**
_33,434_
_2023_
_£_
_4,630_
_2023_
_£_
_2,383_
_-_
_2,383_
_2023_
_£_
_3,256_
_6,053_|
|---|---|---|
Page 19
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **16. Creditors: Amounts falling due within one year (continued)**
|**17.**
**Creditors: Amounts falling due after more than one year**
Accruals and deferred income|**2024**
**£**
**7,457**
**2024**
**£**
**2,650**|_2023_
_£_|
|---|---|---|
||||
|||_9,309_|
|||_2023_
_£_
_1,700_|
Included within the amount above is £1,050 which is deemed to be due after 5 years (2023: £700).
Page 20
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **18. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted**
**funds**
**Designated**
**funds**
Flintshire &
Brecknock
Funds
Anglesey
Caernarfon
Ceredigion
Conwy
Clwyd
Monmouthshire
Mongomeryshire
Newport &
Valleys
Pembrokeshire
Brecon &
Radnor
West Glamorgan
Merrionnydd
Mid & South
Glamorgan
Carmarthenshire
**General funds**
General Funds
**Total**
**Unrestricted**
**funds**|**Balance at 1**
**January 2024**
**£**
**221**
**337**
**5,090**
**789**
**4,010**
**1,554**
**6,095**
**2,190**
**5,251**
**622**
**7,851**
**2,204**
**3,611**
**6,994**
**1,676**
**48,495**
**317,688**
**366,183**|**Income**
**£**
**-**
**-**
**1,272**
**122**
**92**
**-**
**872**
**17**
**1,396**
**-**
**88**
**-**
**-**
**-**
**-**
**3,859**
**122,172**
**126,031**|**Expenditure**
**£**
**-**
**-**
**(454)**
**-**
**(15)**
**(178)**
**(1,365)**
**-**
**-**
**-**
**(5,043)**
**-**
**-**
**-**
**-**
**(7,055)**
**(131,973)**
**(139,028)**|**Transfers**
**in/out**
**£**
**-**
**1**
**(638)**
**-**
**1**
**-**
**(4)**
**-**
**(120)**
**-**
**921**
**(716)**
**-**
**-**
**-**
**(555)**
**555**
**-**|**Gains/**
**(Losses)**
**£**
**Balance at 31**
**December**
**2024**
**£**
**-**
**221**
**-**
**338**
**-**
**5,270**
**-**
**911**
**-**
**4,088**
**-**
**1,376**
**-**
**5,598**
**-**
**2,207**
**-**
**6,527**
**-**
**622**
**-**
**3,817**
**(6)**
**1,482**
**-**
**3,611**
**-**
**6,994**
**-**
**1,676**
**(6)**
**44,738**
**-**
**308,442**
**(6)**
**353,180**|
|---|---|---|---|---|---|
Page 21
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **18. Statement of funds (continued)**
|**Endowment**
**funds**
Caernarfonshire
Branch
**Restricted**
**funds**
Clwyd Branch
Project
NDF Appeal
Nant Mithil
appeal
Brecon &
Radnor Nant
Mithil
**Total of funds**|**Balance at 1**
**January 2024**
**£**
**29,661**
**-**
**3,068**
**-**
**-**
**3,068**
**398,912**|**Income**
**£**
**-**
**9,750**
**-**
**57,246**
**21,080**
**88,076**
**214,107**|**Expenditure**
**£**
**-**
**(7,438)**
**-**
**(6,992)**
**-**
**(14,430)**
**(153,458)**|**Transfers**
**in/out**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Gains/**
**(Losses)**
**£**
**Balance at 31**
**December**
**2024**
**£**
**120**
**29,781**
**-**
**2,312**
**-**
**3,068**
**-**
**50,254**
**-**
**21,080**
**-**
**76,714**
**114**
**459,675**|
|---|---|---|---|---|---|
**Designated funds** - The Branch Fund balance brought forward this year was an estimated figure for the funds held within the Charity that belong to the various branches. This year, to improve accruracy, a transfer has been made into the separate funds to agree to the closing balance for each fund pre records held within the Charity. Going forward, this will show the movement per branch each year. The surplus fund from the Branch fund balance brought forward have been transferred back into general funds.
## **Endowment funds** - the endowed funds belong to the Caernarfon branch.
## **Restricted funds** -
-The Clwyd Branch project is a funded project to support the Clywd Branch and to raise activity in that particular area of Wales.
-The NDF Appeal fund relates to moneys raised to respond to the Welsh Government's draft National Development Framework.
- The Nant Mithil appeal and Brecon & Radnor Nant Mithil funds hold money relating to the proposed Nant Mithil energy park and to support the costs associated with opposing the proposed scheme.
Page 22
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **18. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted**
**funds**
**Designated**
**funds**
Flintshire &
Brecknock
Funds
Anglesey
Caernarfon
Ceredigion
Conwy
Clwyd
Monmouthshire
Mongomeryshire
Newport &
Valleys
Pembrokeshire
Brecon &
Radnor
West Glamorgan
Merrionnydd
Mid & South
Glamorgan
Carmarthenshire
**General funds**
General Funds
**Total**
**Unrestricted**
**funds**|_Balance at_
_1 January_
_2023_
_£_
_211_
_337_
_4,457_
_789_
_3,745_
_1,714_
_5,471_
_1,930_
_5,594_
_622_
_3,953_
_2,298_
_3,611_
_6,994_
_1,676_
_43,402_
_345,176_
_388,578_|_Income_
_£_
_10_
_-_
_903_
_-_
_870_
_-_
_2,363_
_12_
_35_
_-_
_5,350_
_-_
_-_
_-_
_-_
_9,543_
_112,698_
_122,241_|_Expenditure_
_£_
_-_
_-_
_(532)_
_-_
_(689)_
_(160)_
_(1,739)_
_(30)_
_(378)_
_-_
_(2,204)_
_-_
_-_
_-_
_-_
_(5,732)_
_(138,055)_
_(143,787)_|_Transfers_
_in/out_
_£_
_-_
_-_
_262_
_-_
_-_
_-_
_-_
_278_
_-_
_-_
_752_
_-_
_-_
_-_
_-_
_1,292_
_(2,131)_
_(839)_|_Gains/_
_(Losses)_
_£_
_-_
_-_
_-_
_-_
_84_
_-_
_-_
_-_
_-_
_-_
_-_
_(94)_
_-_
_-_
_-_
_(10)_
_-_
_(10)_|_Balance at_
_31 December_
_2023_
_£_
_221_
_337_
_5,090_
_789_
_4,010_
_1,554_
_6,095_
_2,190_
_5,251_
_622_
_7,851_
_2,204_
_3,611_
_6,994_
_1,676_
_48,495_
_317,688_
_366,183_|
|---|---|---|---|---|---|---|
Page 23
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **18. Statement of funds (continued)**
## **Endowment funds**
|**Endowment**
**funds**|||||||
|---|---|---|---|---|---|---|
|Caernarfonshire
Branch
**Restricted**
**funds**
Clwyd Branch
Project
NDF Appeal
**Total of funds**|_27,871_
_-_
_3,068_
_3,068_
_419,517_|_-_
_4,250_
_-_
_4,250_
_126,491_|_-_
_(5,089)_
_-_
_(5,089)_
_(148,876)_|_-_
_839_
_-_
_839_
_-_|_1,790_
_-_
_-_
_-_
_1,780_|_29,661_|
|||||||_-_
_3,068_|
|||||||_3,068_|
|||||||_398,912_|
## **19. Analysis of net assets between funds**
## **Analysis of net assets between funds - current period**
|Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
**Total**|**Endowment**
**funds**
**2024**
**£**
-
29,781
-
-
-
29,781|**Restricted**
**funds**
**2024**
**£**
-
-
76,714
-
-
76,714|**Unrestricted**
**funds**
**2024**
**£**
21,031
3,859
338,397
(7,457)
(2,650)
353,180|**Total**
**funds**
**2024**
**£**
**21,031**
**33,640**
**415,111**
**(7,457)**
**(2,650)**|
|---|---|---|---|---|
|||||**459,675**|
Page 24
**YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **19. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior period**
|Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
**Total**|_Endowment_
_funds_
_2023_
_£_
_-_
_29,661_
_-_
_-_
_-_
_29,661_|_Restricted_
_funds_
_2023_
_£_
_-_
_-_
_3,068_
_-_
_-_
_3,068_|_Unrestricted_
_funds_
_2023_
_£_
_21,939_
_3,773_
_351,480_
_(9,309)_
_(1,700)_
_366,183_|_Total_
_funds_
_2023_
_£_
_21,939_
_33,434_
_354,548_
_(9,309)_
_(1,700)_
_398,912_|
|---|---|---|---|---|
## **20. Pension commitments**
The Charity operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the Charity in an independently administered fund. The pension cost charge respresents contributions payable by the company to the fund and amounted to £3,635 (2023: £3,566).
## **21. Related party transactions**
The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 December 2024.
Page 25