2022-03-31-accounts

REGISTERED COMPANY NUMBER: 1195549 REGISTERED CHARITY NUMBER: 504094 GROUP REPORT OF THE TRUSTEES AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR GOLEUDY HOUSING AND SUPPORT LIMITED (FORMERLY KNOWN AS CYMDEITHAS CAER LAS) A COMPANY UMITED BY GUARANTEE •A8F2APCQ' 2111012022 COMPANIES HOUSE A4 1218

GOLEVDY HOUSING AND SUPPORT LIMrrED IA COMPANY LIMtfED BY GUARANTEEI CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Page Report ol the Trustees Report of the independent auditors 17-20 Statement of Finanaal Actiwties 21-22 Balance Sheel 23-24 Statement of Cash lknws 25 Notes to the Financial Statements 26-50

GOLEUDY HOUSING AND SUPPORT LIMITED (A COMPANY UMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 The trustees present their rep(M and ffinancial statements for the year ended 31 March 2022. Tho financial slatements have been prepared in aC￿anCe with the accounting policies set out in note 1 to Ihe financial 5ts1ements and coMp￿Y the chanws Memorandum and Artide5 of Association. the Companies Act 2¢X)6 and -AccounliThJ and Reporting by Charibes.. Statgmftnt of R8￿MMended Practicg appli¢abl8 to charittes preparing their accounts in accordance wth Ihe Financial Reporting Standard applicable in the UK and Republic of Ireknd IFRS 102) (effective 1 January 2019)". OBJECTIVES AND ACTMTIES Th• Charlty Goleudy Housing and Support Limited {&)19￿. prevIw￿Y C￿nde1thaS Caer Las) 1$ a Welsh charitable company, operats.ng in the third sKlor. We a￿ a medium-size¢J c¥gartisation whose primary aim is tsckling poverty and enabling soual inclusion for some of the most marginalised and disengaged atVLens across ScNJth We51 Wales. Typically, our clients will hav8 experien¢ed homelessness, housing vulnera￿lIty, mental health difficulties, substance use and a lack of family or social support neh￿rks. Charltabla Objects The objecls for which the Asso¢ialJ"on is established is the re￿.￿f of tw)verty. sickness age in particular Ibul without in any way limitsng Ihe generality of Ihe foregoing words) for the relief of poverty of person5 who by reason ol mefttsl or physical infimirty arn unable to fulfil Iheir duties as citizens or their oblgatsons lo their employers. Our Values RESPECT Showing respect for everjty ACCOUNTA81LITY A team ethos where everyrJn8 contribut&s. 8¥ery day FAIRNESS Treating everybodyjusuy RESILIENCE SupportÉng each othef to kaep going. gvon when it gets tough Alm$ and Objectives Our core purpose and reason for existence is- To p￿Vent homelessness To provide housing and opportunilies We strive to create opporlunities and Connectio￿ for people experi8r￿e ￿)melesSness, housing crisis or trauma. We exist for people who may be marginalised. Suffer sbgrna. endure poor mental health, experign¢g substance use or are leaving prison. For people who have no home. ourjob is to get them housed. and support them in whatever way is needed to help them stay housed. For people who may be at risk of beccrfnirg horneless, ourjob is lo make sure that doesn't happen.

GOLEUDY HOUSING AND SUPPORT LIMITED IA COMPANY LMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 OBJECTIVES AND ACTIVITIES - CONTINUED Alms and Objectlv¢$ - Continued We aim to-. Be Ihe best at what do Lead on all types of homelessness prevenb.on w Connect People, homes and opportunibes Achieving these aims will allow us to further the stated charilable cJjects of the organisatKffl. The strategies that we gmploy to achieve these aims vary by project and are primarily based around Seeking adequate funding and opportunity to purchase and provhle accommodation. employ support workers and provide appropriale structures to empower our clients to hdp thernsefves. We measure our success through the careful scrutiny of client and project dats, and through tre ￿VIeW and audit purpose5 required by extefnal stskeholders. and ￿a our own QMS Iqualty management system} for wh￿h IS09001 recertification was achieved in December 2020. Actlvitios R•latsd to our ov•rar¢hlng Purpo Goleudy offers a variety of SerV￿eS to vulnerable ad￿ts. We currentty operate a¢ross four Welsh local authority ¥eas: Swansea. Neath-Port Talbot. Carmarthenshire and Pembrokeshire. W8 provide three distinct types of serwce: 11 Housing-related support work fundgd. largety by slatutw t)Jies. 7thich in¢tudes'. al Communty. Sha￿ housing. wth housing related supW( attached bl Housing related support lo people in their ¢)vm tenancy ¢124-hoLtr specialst accommodation services 21 Da￿rne Serv￿ on a drcp-irh or outreach basis. whth irtkJes: al Comrnunty and Activity Centres bl Advice, Advocacy and Dropln services. 31 Swansea Community Fridge Details of our iThJi¥idual projects can be found ¥￿ile.. gole￿.Or9 Publle Benefrt Our activities directty contritrth to the Cliarity Commission guidce on public beneffit.

GOLEUDY HOUSING AND SUPPORT LIMITED (A COMPANY LIMITED BY GUARANTEEI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 OBJECTIVES AND ACTMTIES- CONTINUED Primary B•n•fit Goleudy assists over 1000 vulnerable adults every year acro￿ a raThJe of services. The primary benefits experienced by cl￿ntS 01 the charity indude.. Prevention of homelessness Provision ol housing Tenancy sustsinment Improved health and well-being Improved mentsl heatth Cr)mbattrng povety and social exClus￿n Redu¢lion ol reoffending Impact on th• publ1¢ and publ1¢ spending GoleUd￿$ w(Kk helps to redu￿ visible IK)melessness. pruluce safer communilies. and to foster social cohesion. By reducing homelessness, we ￿$Sen the burden ￿ other more expensive ststutory services. such as A & E, the prison sgrvtr¢e. probat￿ servi¢8s and Ic￿1 auttKJrty s￿101 swvices.. By as515ting ex•offenders into mainstream souety. crime is reduced overall.. By assisting our constituents into housing. mainstrearn servicgs, and ensuring they have an income. the risk of harmful and anti-soc￿1 behav¢our in communities is therefore redLtrced'. By running the Community Fr￿ge. we provide dients (and others) with a sustainable S¢Jurce of free food whilst also reduang fo(NJ povety and food waste in our community. Goleudrfs trustees can demonstrate that Ihey have had due regard to the Charity Commission's guidance on public benefit, as there are independent sbjdies and strategy dctuments th8t can evJence that the finance spent on third sector housing $ervrces in Wales has a F￿$[liVe retum on investment. Golgudy ProJ•cts Goleudy supports people al every step ol theioumey towards irKJewndent living and sustsinable kn￿$1ng. induding." homelessness prevenlion. short lemi transitional housing. long term specialist housing support and communty integration. During the year. Goleudy ran an established Housing Firsl service that supported rough slgepers who a￿ erther Unab￿ or unwdling lo access tran$itional models of supwt. Hom•lessn•ss Prev•ntion The prevention of homelessness is the comerslone of the Welsh Govemment's H￿jsIng Wales Act 2014. Our homelessness pr&vention services I￿v5 primary fundions.. the prevention of $omgone losing their tr￿Me (Floating Support) and the prevention of Someone sleeping rough on the streets Ioutreathl. Floatlng Support - swan￿3. Camiarthenshlre and P•mbrokoshlro These servirEs Support people living in ihgir own homes who are at risk of tRcoming homeless or who have rgcenlly moved into a rw home after a period of IK)meFessness. The projects employ teams of support workers who inlefacl ￿th dienls providiThJ intensive. One40￿ne supFxy1 aimed at prote¢ts"ng lenancios and empowering People to tjevelop independent Ibving skills in order that tenanc￿ may becryne sustsinable.

GOLEVDY HOLISING AND SUPPORT LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 OBJECTNES AND ACTMTIES - CONTINUED Floating Support - Swansea. Carmarthenshire and P•mbroknshlro Our Swansea floats.ng support sefvir provides preven11￿ and wellbeiThJ suprym across the nLvth of the city. In north and wesl Carmarthenshire. we provide floatiNJ support to a largety rural crynmunity who face a sp8¢ifK set of challenges around connecbwty and acces5 to ststutory 5wvices. In March 2020. we started providing $pè¢r8lisl sUp￿rt to people wi Pembrokeshirè tho ar8 leawng prison and resetuing back into the commL￿1ty. Outroach The Access Point project ￿ Swansea the RcKrtes project in Neath-Port Talbot offer a range of swvices to peopl¢ experiencing the thwt of homelessness or housing diffKults'es. AdvirE and assistance in 8reas such as rent arrears. landlord notices seeking possession, p)or landlord relations, benefil adwce ar￿ appeals. sourcing pemianent and temporary accommodation. health and addiction are all dealt wth by experience support workers who manage a diverse casekiad of clients through this open access ser￿￿. The project is a key partner of the local authority supporting them to distharge their duty of care to people in housing difficulty. Short-temi transltlonal houslng (Paxton Street Hostel and our step4own community houstsl The hostel offers 13 rooms for people Vtho experience acute homele5$ness and are unable to SCAJrce other foms of temporary accommodation. The proiecl works direcily ￿th individuals lo address any barriers that may prevent Ihem accessing pemian&nt accommodation. In 2020, we began wk¢tsng a new rapidvrehousing model of support. Chjr PIE (PS￿h01¢y￿1c81ly Informe¢J En￿rOnments> joumey is (KOgressin9 well trainiThJ and evaluation framewofks in place for our supported housing k¥oiects. Th15 joumey has bgen enhanced by our Solution Focussed Practice Service. Long4wm transitional housing (ROADS. Willow Project and New Mlll) ROADS supports tenants with harm reduction. stabilisat￿n and a sense of wellJeing. The 3 Small Schemes that make up this project hous$ who have experien¢fjd homekssness and are experiencing ongoing rnentsl andlor physical health drffi￿l￿.es due to bng tem) Substrn￿ misuse and dependency. The aim of the project is lo support tenants lo extend their independence wthin the ¢ommunty and to prevent the worsening of their health conditions by leaming appropriate coping strategies and enfxjuraging rn0￿ healthy choices. In addition. Ihe support workers are there to advcrale for tenants whose health ha5 reached a stage of de¢line whore additional support and more appropriate accommodation is required. The Willow Project supports homeless people vhK> have a dragnosed rnental health condition aThJ who are under the care of a Community Psychiatrrc Nurse ICPN}. Wilknw is now registered under the new RISCA regulalion5 With CIW and supF*Nls residents regardiNJ their medicalK)n includirYJ prompbng and ObSe￿ati1)n. New Mill is a step dovm supported service that accommcthtes people who live in the ccmmunity wth more inde￿ndenCe.

GOLEVDY HOUSING AND SUPPORT LIMITED {A COMPANY LIMITED BY GUARANTEE} REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 OBJECTNES AND ACTMTIES- CONTINUED Communlty Integration (Connect) Connect is an actiMties-based communty res￿￿ for people Imng long term mental health issues. A key objects"v8 is to support members to mainlain and improve their wellbeiry and promote social inclusion so that they are able to conb.nue wth independent h'ving and in doing so prevent or redu￿ the need lor specialist mentsl health and stslulory services. The project encourages members lo engage in social and NbEllbeing activities in the community through tsilored programrne that indudes promoting and facilitating being in nature. exercise, crafts, healthy eating. cullural wsits etc. A key feabjre of the project is the peer SLSPPOrt element. largely achwed through weekly coffee and chal sessions, which are facilitated by a Connect stsff member. Whilst the building has been closed due initially to Cowd 19 ar￿ subsequenvy due to the redevefopment of the ground ffoor of Cu5tsns House. the project has been deKvered through using 8 variety of community venues. ACHIEVEMENTS AND PERFORMANCE During the year ended 31 March 2022. the organisation has continl￿d to build upon existing strength5. Several key athi8vem8nts have been realised and lh8 organisabon has ￿ntinUed to strengthen. Some of the key achievements are detailed here. though the list is not exhaustive. Partn•rshlp wkth Linc Cymru Transforming ￿Jr housing into frt-for-wrpose. a$￿T￿lie¢￿. mtyjem and sustainable accomm&Jation is a key strategic objecb.ve for Goleudy. During the financial year ended 31 March 2022. significant work has been undertaken lo establish a dev8k)ping partnership 7Mth Linc Cymru Housing Association with one of the aims to expedite the a¢hievement of this goal. The work Linc is wde-ran9ing and r¢ is hcyed that the partnership wll lead to improvements across mulliple facets of the organisation. Solutlon Focussed ISF) Pract1￿ servke. and resear¢h progrnmme Goleudy has been deve*rfng its Use of soluticffl foojssed praclice to irrfluence our support model and culture Sin￿ 2011. To further this endeavour. Goleudy has worked in partnership wth a Community Interest Company-'The Psychological rheraP￿ Unir (PTU}. since 2018. PTU are group of p5ychok>gists. based in Liverpool city centre, who offef a range of therapies in the cornmunity. predominantly us1￿j solution fo¢u$ practice. They work a range of homelessness orgarwsations across the city regh)n. The PTUIGoloudy partnership has several strands- All front-line stsff in Goleuty receive training in solulion focus practice., this is provided by our CEO and one of PTU'S psychologists. It is mOdel￿d on the Unrted Kingdom Associatson for Solution Focussed Practice IUKASFPI'S natÈonal accreditatson r&Juirements and taik)red to meet the needs of support TrKirkers operating in the housing fiehj. During the height of the pandemic Gokudy introduced a le￿phOne service-'Lel's Keep Talking., provid8d by the PTU. This year. this serwce has continued to be used vndely affl¢)ngst our clients. We are currenlly explofww how this $eNce will operate mosl effectivdy. folh)wng the Itlbng of restridions. The Managing Oirector of the PTU is an honorary researcher with Management School in Liverpool University. Goleudy now has an establshe(I research partnership the faculty and OUT second research project with them has rec£ntly been completed.

GOLEUDY HOUSING ANO SUPPORT LIMffED IA COMPANY LIM￿ED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 ACHIEVEMENTS AND PERFORMANCE - CONTINUED Swans•a Community Fridg• During 2021-22. Swansea Community Fridge has continued to buibj on tts success of redueing f¢)od waste and tsckling fcKx1 povety by promding flesh. high quality. healthy food. on a.pay as you feel" basis. Our Comrnunity Fridge played a key role in food provision to the people of Swansea thfoughcxrt the Covt&19 pandemic arKI beyorKI. and distributed over 16 tOr￿￿S of f(M)d in 2021-22. Food supply during the year suffered from turt￿lence, largety due to suppty chain issues. despite this, the service was delivered every week, wthout fail, proving to be a lifeline for many. During the year. in additK)n lo its weekly Wednesday servlce. the project underto)k pop-up events offsrte in drfferent communities. This was very well received by the communib.es concemed. aThJ has hdped to extend the name & reputation. and reach arKI impact of the Communty Fridge. Data fiorn the annual Community Fridge customer survey conducted in December 2021 showed that the number of ￿$tomerS who were not accessing a food bank was 82%. which was a sharp increase from 68% in the previous survey in Oecember 2020. For these indivrduals. th8 Community Fridge was their only source of food assistance. The team were successful in securing signtfi¢ant grant fvnding during th8 pgriod from mumiplg different granlslsources. Most notab￿ of which was from Welsh Govemment Food Povety Grant. Amongst other things. llis paid for the ¢realiLNI of a trainiWcommunity krtdn on the ground fioor of Customs House. In addition. Ihe prcyecl had success in securing a 9Tant of £10.000 from the Nab"onal Lottetys Together for Ou Planet fund, which Cl￿ncided with COP26, to run additional community event5 over the course of 2022. Thesè are principalty aimed at local communitses vthich will be affectsd by dimale change and its impact on sea bevels. The project further enhanced 115 environmentsl c￿entIalS during the period, not just by In¢￿asIng the amount of food saved from lar￿[111. but also by introducing a Washab￿ ¢loth bag s¢hwne for ¢uslomers_ The re-u$abl8 bags are made by volunteers out of unwanted, pre-used fab￿. These are calkd 'morsbags' and are an excellent example of how Ihrough Ihe power of vdurhteers, fabric Ihal would othtrrwise end up in kn¢Jfill is r8- purpose(l into washable bags that the Community Fr uses weekly to pack l(xyJ parcels. IMPACT OF COVIO-19 The past 24 months have been the most challetYJirKJ operating enwonment in memory. The pandemic has significantly impacted on the way in which Goleudy operates its Servi￿S_ virtual￿ all operational and corporate processes have been Considered. rev￿ed arKI in many cases. altered lo tske into account the virus, our risk environment and the publ￿ health and regulatory requirements around it. Nevertheless, virtualty all of GoleUd￿S serwces ￿ntirtued lo operale IhrouglKJJt the pandemic. In suth a ￿$19 it is often our clieftts that are hardest hit and il ha5 therefore been wtal thal our services contsnued to support their needs. Goleudvs organisational resilience, bolh operationally and financialty, ha5 been tested during this period and has proven strong. We have grown during this lime of crisis. developirMJ new and innovative methods of delNeTing our $eMces. We have worked. l)oth as 8 stsn¢>ah)ne org8nisatTron al￿ in partnership with other agencies. lo launch new projects during this time and are eontsnuing to strive for gr￿h. We have launched a ngw business plan and identity during the pandemic and are excited about how our organisation can continue to deliver high- qualty seNices tr) th8 people we are constitutod to suprK)rt. Achieving our key obj8ctive$ is now more Cfilic81 than ever. The new business plan recognises this. Th)ugh much of the operational framework around how we delrver $eNices has changed, our ethos. values and goals remain our primary focus.

GOLEUDY HOUSING AND SUPPORT UMITED (A COMPANY LIMrrED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 FINANCIAL REVIEW- CONTINUED The group has achieved a suWu$ of £305.054 for the sear ended 31 March 2022. £260.gJ9 has beèn added to unreslricled reserves. while restricted reserves have mC￿aSed by £44.145. The surplus achieved in 2020-21 was £209.751. £156,356 added to unrestricted reserves. During that year restricted reserves in¢r¢a$ed by £53.395. S•gnificant events during the year Despite som& significant cha118nges. the charity ended the fnancial spar in a relativety strong financ￿1 w)srfion. The group generated an overall surplus equivalent to 10.6% of tolal income in 2021.22 (the equivalent figure in 2021>21 was 6.8%). Overall inccne decreased by 7.7% during the year. while overall costs decreased by 12.21AI . Principal Fundlng Sourc•s The principal fvnding sources ol the charity incKJde ¢￿traCt income from the supports.ng People programme I Housing Support Grant fvnding and rentsl income from our owned properties. These Iw funding SoUr￿S conlributs 83%12020-21: 77%} of the Organisati￿,$ charitabb income. A full breakdown of th8 Charitys income is inclusYeLI in notes 3. 4 and 5. Fund$ or Sub$ldiarfes in defi¢ll Tho group position at the 31 March 2022 includes no lunds that are matervally in deficit. Thè F)sllion of Caer Las Trading Limited is discussed on page 33 of this report. arKI the entity cease(J trading in 2019. Golng Coneern The charity has sufficient fre8 reserves and is monitoring re$utts cffl a frequenl basis. The swplus generated in the year end9d 31 March 2022 has strengthened Ihe balance sheet and cash balances remain strong. The trustees are of Ihg Vtew that. on this basis. the charity is a ￿￿9 cOr￿M and there are no material uncertainlie5 about the charitys ability to continue as a g￿ng concem. Investments Policy Post year end. Goleudy invested add￿onal lund5 vth 8rewn Dolphin vthh the aim of producing the best possibl¢ relum within on acceptab￿ level of risk. The investment was made in accordance with the organisation's Trèasury antl Investmgnl Policy. which requires ¢onsKtteration of elh￿al issues pr*)r to any investrnenl. Thè organisatton's appetite to risk is d￿uMented in the p)licy and is considered for each investrnent. The current principal risks around the porrfolio relate to the loss of capital value and fund V0￿￿.11ty. Goleudy aims to mitigate this risk by taking a long term investmenl view. and hokling a balanced and diversrfied pjrtfdio.

GOLEUDY HOUSING AND SUPPORT LIMITED (A COMPANY UMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 FINANCIAL REVIEW- CONTINUED Investments Poli¢y- ¢ontinued The value of thè porffolio held with Brewn Dolphin. at the year end wa5 £543.003 {2020-21.. £518.4711. Details of the financial performance of the portlolio is included in Note 14. Resorv•s Policy Goleudls Iruslees re¢ognise their obligation to apply the charitys income. vrithin a roasonable tim* of receipt, for the benefit of our clients. However the trustees believe Ihal il is necessary for Goleudy to hold defined levels of reserves for the long tefm benefit of the charity and. therefore. its benefo"aries. The Irustees are of the opiniw Ihat it is unlikety that any extemal bcaty, or source. can be rel￿ upon to contribute dirgcuy to the 8stsblishment or development of reser¥es. This means that reseNes have to be Created and maintainod from surpluses arising from the group's normal activities. The trustees have detefmined the pfinciples for holding reserve$ 8$ being.. 1 To provide a resource to meet legal obligations and liabilities. in the general course of business li.g. working capital) and in the event of a major change in cir¢Umstsn￿.' 2 To allocate r￿￿UrceS to cover the Cost of in¥e$ting in slaff training and development to improve services and the efficiency of the organisation.. 3 To cover the cost of developing now semces. policy and business information systems. Thè trustees recc•Jnise the need frm reseNes to be balanced against the fc41owng factors.. 1 The need lo be seen to act as a r¢sponsibk tharity by Govemment, commissioners, ¢l￿nIS and the Charity CommissKJn.' 2 The need lo avoid the aCcLtmulat￿In of excessive surpluses for which there is no planned future requirement oi that bear no relation lo our charilable aims. Definition of Goleutys reser¥es Unre$trided Re$erye$ Unrestricted Reserves represent funds are not restricted in the¥ use 8nd can be used in order to further the charitys objectives. as the trustees see fil. Goleudy has ts¥o types of unrestricted reserves.. General Funds arKI Designated Funds. The General Fund represents unfestricte(l fvnds whith have nol been desNJnated against a particular purpose and may be used generally to fvrther thg ¢haritys objects. In general, these are the funds bft over followtng all designalions and ￿$tr￿tiOnS and are. in thal sense. free reserves. Al 31 MarGh 2022, the value of General Unrestricted funds was £332.912 (202￿21. £801.560}.

GOLEUDY HOUSING AND SUPPORT LIMITED IA COMPANY UMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 FINANCIAL REVIEW- CONTINUED Unrestrlcted Reser¥e$ - ¢ontlnu8d Designated Reseryes represent unrestrtcled reserves which have been allocated for specffic purposes but are not regalty l)ound for that purpos8. Goleudy has fv40 designated reser¥es.' The De5NJnaled Propety Asset Futyl and th8 Designated PurF)ses Fund. The Designated Propety Asset Fund is defined as the value of unrestrKled fur￿5 represented by the fixed assets owned and used by the charity on an ongoing basis to cary out its charitable objec15. This fund only be rgalised by disposing of tangible ffixed assets. At 31 March 2022. the value of the Designated Propety Asset Fund was £308,404 {2020-21.. £296.624). The DesMJned Purposes FurKI indudes provisions for seNce devek)pment costs, investments and contingencies for operational and management costs. At 31 Marth 2022. Ihe value of the Des￿nated Purposes Fund was £1.614.104 (2020-21.. £896.3271- 11 is foieseen tho Designated Pufposes Fu￿1 wi51 be freed up in the event of a material change in th& ¢ir¢ymstances ol the charity, e.g. in the event of wnding up. The value of total Unrestricted Reserves at 31 March 2022 is £2,255.42012020-21'. £1.994.511). Restri¢ted R•$erv•s Restricted Rgs9ry8s represent funds received for purposes speaW bythe funtler. Goleudy has two typos of restricted reserves,. Restricted General Funds and Restrictgd Capital Funds. The Restricted General Fund ￿preSentS furKls which have been generated from ￿StriCted income. The use of this fund is restri¢ted to the pUr￿seS set out by the funder. Al 31 March 2022. Ihe valug of the Restricted General Fund wa5 £208.80312020-21'. £152.8781. The Re51ricled Ca￿"tal Funtj represents capilal grants and funds previously received in respect of the rehabilitsts.on of owned properties and were solety for this purpose. At 31 March 20￿. the value of the Restricted Capital Fund dS £493,35012020-21: £505.130>. These reserves a￿ malerialty in line vAth the group's rese￿eS poly, which 15 revie5￿ annually. Rlsk Management During the year, the board and executive team reviewed the organisation's key risk5. Goleudy re￿￿tse$ that there are risks inherent in every activty but aims to manage ￿ key areas of risk. reducing t￿r impact wherever wssible and Wacti￿ble. Risk management forms part of Goleudls $￿teM of intemal controls. enabling th8 trustees to ensurè Ihat.. . The outC¢ynes laKI out in the Str8legi¢ Plan are more likety to be achieved Events that could damage the Charity will not happen or are less likely to happen • More of the acttvities that keep Goleudy and tts people safe keep happenir#J. and • Tho Charitls core 9oals Vill be or are more likely to be achieved Risk management is not a process for avoiding risk. The aim of risk management is lo identify obstac￿$ and hazards lo our strategic obj'ectives, assess Iheir potential impact. examine vthat is being done well that keeps the risk from crystallising, prwde struclures to either reduce risk to an acceptable ￿1. or encourage mcye of the activities that keep us safe.

GOLEUDY HOUSING AND SUPPORT LIMITED IA COMPANY LIMITED BY GuAR￿lTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31 MARCH 2022 FINANCIAL REVIEW- CONTINUEO Risk Manag•m•nt- Conllnu¢d The key principth of Golgutys approach to risk are as follows: Our vision is for the peop￿ ￿ support to achieve sustainable change and positive out¢ome$, and that our Wofking environrnenl supports Ihai ¢ndeavour- Legal, contract, safety and ￿￿latOry ￿M￿lanCe to keep our clients. empknffts an¢J our lyganisati safe afe our non-negoliables- Our attitude to risk 1$ to strike a balancè b8ts¥88n the at￿Ve. and creating an environment for our clients and emptoyees where 8$ many things as possible go right and innovation flwrishes- Risk management is a continuous pm¢ess. integrated into Ihe ￿ganIsatiOn.5 culbjre and day lo day operations, rather than an aCti￿ty in itselr". As part of our commitment to continwus improvement le.g. of quality and starKlards of service). we will learn from e￿Or$ and incit1ents. as well as our successe$'. The responsibility for the creation and impleMentat￿n of management systems to identfy and control risk, rests wilh the trustees and executive team. They will s81 lh8 parameters of the risk management woces$. monitor results and revise actions according￿. We regard staff as our most valuable resour￿. wll b8 supported to continualty and Ifexibly provide solutions to prevent risks and hazards from becoming incKlents or accidents.. Employees and volunteers have a responsibility to assess the risk environment in which theywork. ath.vely managing and reporting any identif*d risks. EmpknyEe5 wll be enctsjraged lo tske time to rewew their experiences andlgaming. Though the organisation's risk profile is fluid and continualty evoth"ng. affect8d both by internal and extemal factors. Goleudy has identified six key risks. the management of vthich will shape the organisation's strategy over the life of this ￿an. Challenges to delivery of our t￿sInesS plan objectP4es- Keeping people and the organisats.on safe arKI healty, Data security and integrity. Equality and Diversity. Energy and Suslainabilty., Public Health Issue5 le.g. Covid-19) and th￿r impxt on Goleudy. Each of these strategic risks has sU￿riSkS vthhin them that a￿ managed indtwdualty. Broadly, the mitigating actions identified include, focussing ckjsely on our strategic prioribes an¢J Ihe a¢bons required to delNer on them, reviewing induction, training and pdicy work throughout the organisation. assessing each rtsk scenam carefulty makirvJ improvements wherever possible and assessing what's alreaty 4wrking well. and aimwvd to build on these a¢livili8s. STRUCTURE, GOVERNANCE AND MANAGEMENT Con$tltutlon & Natur• of Gov•rning Docum•nt Goleudy Housing and Support kn'mrted is a wistered charity. and Company Limited by Guarantee. Ils ts¥o governing documents are its Memorandum and Art￿leS of AssocFation. Board memb8rs are both charity trustees and directors of the company, and hereafter referretl to as Ihe trustges,. 10

GOLEUDY HOUSING AND SUPPORT LIMrrED (A COMPANY LIMITED BY GUARANTEEI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 STRUCTURE. GOVERNANCE AND MANAGEMENT- CONTINUED R•¢rultment of Tru$t• The charity cutrently ha$ 8 trustees. New Iruste8s are recyuited via sector net4ths. the organisalion's website and social media. There 15 a Trustee Policy {revtse(l in 2022) that ¢wUines trf)8ril ￿￿ltment processes and other expectations for trustee5. Appolntment of Officer5 The Trustee Board has three Off￿eT F)sts'. Chair.. VKe-Chair', Treasurer Icurrentty vacant). These posts are elected from the Board Membership at the first meeting after the AGM upon the expiry of the lem. Officer terms are two years in duration and the currwt posttholdgrs, temis ewre in July 2023. Govornanu and Management Stru¢tur•$ During the year ended 31 March 2022. the Iruslees hekl 7 busin8ss meetings and 1 away day (governance revlewl as a full board. On each orGash)n there was a quorate atte￿lanCe. The Company Secretary ensured there was an appropriate agenda, and management papers. A set of minutes was prcluced for each meetsng. The Annual General Meeting was held on November 2nd 2021. Goleudy also has three sub-groups that have their own terms of rele￿nce. the Govemance Development Comrnittee IGDCI, the Finance. Audit and Risk Commiliee {FARC} and the Remuneration Committee. The Vlce Chair ¢hairs the GOC, the Treasurer chairs the FARC. and the Chairpgrson chairs the Remuneration Committee. The Executive L&￿tr$hIP Te#m During the year ended 31 March 2022. the Exeuthive Leadership Team {ELTI compnsed.. The Chief Executive Officer Executive Dired(¥- Finance. Business. Assets and Compliance Executive DI￿¢t¢r of peO￿e and Communities Director ol Operations t)vrino the financial year April 2021 - March 2022. the team broflyloined by a Community Development Director and a Chief TransformaD"on Officer, though these posts are not currently fille(l. Thè ELT produced detailed reports for the board of tru51ees that were scrutsnised al the trustees scheduled meeb"ngs. Reports typI￿lty included.. performance reports. quarterly management ace4yJnls. business plan progress rewrts, anal￿1$ of performanco measures. budg81 in1￿MatiOn. and risk and compliance reports. Th• Board's C•ntral Focus ￿)le￿$ govemance processes f￿uS on ftyjr key a￿a$. Scrutiny ol the chariws activities- Dischargir#J of fiduciary dutw" Management of corkwale risk; The ctycffjation, and implementstFon of strategy wth the ELT.

GOLEUDY HOUSING ANO SUPPORT LIMITED (A COMPANY UMITED BY GUAJIANTEEI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 STRUCTURE. GOVERNANCE AND MANAGEMENT- CONTINUED Tralnlng and O•v•lopment As part of the Board's formal meetings. the Chari￿$ legal thi50ts. auditors and asswale trainers provlded trustees wlh training and guidance on Iheir various legal duties. including= ernployrnent law, financial dutie5 and responsibilities. as well as oblKJations of GDPR. Trustees are also encouraged lo attend relevant trainir@ and conferences. the costs of which are paK1 for by the charty. Decision Making Decisions that are made by Ihe trustees. and those that can be made by the executive are detailed in the chari￿$ schedule of delegated authorities. These were ￿freshed in 2022. In general, decisions made by the Signing off all statutory accounts, management accounts and budgets.. The appointment of the auditors., The approval of the purchase and disrM)sal of assets: The appointment and wruitment of the Chief Ex￿u￿v& OffK¢r and Executivo Directors: The co-C￿8110n arn1 approval of strategy, Complaints. Grievances or disciplinary actiw ir)volving the Chigf ExocLrtiv8 off￿er or Executive D￿eCtorS. Poli¢i•s. procedur￿ and Indudi¢)n Goleudy Trustee actiwb.es are regulated by our Tnlstee Polity. The policy was revised in 2022. and covers: The role of the Board: Principles and pradices of goveman¢o: Boart1 conduct: Board ¢omposition', Equality. Diversity and inchjsion: Board appraisals" Board recfuitment aTrJ irKIucti￿. Board applications for execub.ve roles. Poll¢ie$ for Setting Pay and Romun•ratioTh of th• Exocutive L•adership T•am When a review of the executive roles, pay and reward is required. trN)ard appoint consultants on thgir behalf. to carry out a job evaluation and benchmarking exercise IJE&BMI. Pknt recenlly this was conducted by Yuming Point. November 2021 lo March 2022. Upon the cornplelion of the JE&BM, there is a thorough examination of the financial impact. and whe necessary legal and HR advice was sought by the trustees. Al data is then thoroughty scrutinised by th8 Remuneration Committee before proposals are wt before the main t)ard. The tru51ees make their decisions'¥) camera, and th8 exgcutive team are not presenL Al the conclusion ol the pr¢xess changes Vpre communKated lo the execulive accordingly. Related Parties Goleudy Housing and Supwl Limr(ed had a 100% ovmed tra(ling subsidiary. Caer Las Tr*Jing Limited, which cfjased trading in Oecember 2019. Jim Bird-waddington, Goleutys CEO wa5 the SO￿ director of Caer Las Trading Limited. Details of the transactions undertaken between Goleudy Housing and Support Limited and its are detsiled in note 11. 12

GOLEUDY HOUSING AND SUPPORT UMITED IA COMPANY UMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31 MARCH 2022 PLANS FOR FUTURE PERIODS 8usine$ Plan The full plan is available on our website: goloudy.org. arnl ha$ been dgvdoped into an animated short film explaining our vision for the organisation. The plan slates that our core purpose and reason for existence be summarised as i} to prevent w)melessness and ill lo prowde housing and opP￿[n￿tteS. Our message is simple and Clear. Our aspirations and valu&s are discussed on page 1 of this rowrt. arKI are buiA on a foundation of Compassion. innova￿n. quality. and complian￿. The plan identified 12 key initiab'ves. groupBd under four main catsgors (iMovalic￿. people communities. development. and communications) that we wll fo￿¥ ¢Jn. and detsils how we a￿ ooing 8tK)ut achieving our objectives. Tha initiatives are.. Innovat 1. Preventing Homekssness P￿Venting homelessness and its hamiful cfv is core to Goleutys staled Purpose. We see earfy intervention as critical to this. By utili&r#J our leaming. expertise and partnerships we aspire to b8 a leadirvJ voice in the sector on homebssness wevention. 2. Providiry Spaces of opp)rt￿lty This initiative will ensure Ihat all our services affj PS￿￿￿03￿81ty Infomed Environments IPIE$l. We have identified 5 pillars" Psychokngical awareness Ivsing s￿utIOn Focussed Pr8clice}. enwronments that are inspiring arKI corKlucive to positive act￿. staff development. rekib"onships. ￿aMIng arKI enquiry. 3. Transfoming our Ass8ts We own several properb.es acr05S 5cth Wales and are also the managing agent for a number of Housing Association properties. We ar8 ge￿ng to change the way V• house people. We intend to provide long-lenn, sustainable accommodation that is of a good standard. It may take several years lo lully transform all stock, working in a different way. ￿eating more relationships I￿￿sing providers arKI spacialisls. and it may mean selling existing $￿k and buying differe￿1 types of propwty"es. People and Communities 4. Recruitment We aim lo fill all of our vacancies wth the rrghl people. It is wtsl to our success that we altra¢t candidates committed lo our values. and vtho will help us drive c(Y)linuous improvement and in¢reasing positive cl*nt outcomes. S. Team Goleudy.. Staff Engagement We strive to create a working environment that embodies a posthe energy and is the best it can be so that staff may flourish. 13

GOLEUDY HOUSING AND SUPPORT LIMITED (A COMPANY LIMrfED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 PLANS FOR FUTURE PERIODS- CONTINUED Business Plan - contlnued 6. Community Fridge We want lo rnaximise the potential aTrJ impact of the Community Fridge. Its alyltyto save knn8s of fr8sh. edible food from landfill ha5 been proven. Development 7. se￿¢8 Quality Our aim 15 th81 our IS09001 a¢¢reditgd aualty Management System {QMS) trutyensures a hKJh standard of client experience and business effioency. We want Goleutys operations to be run simply. efficienlly and lo gukle team members to focus on key areas of oper"onal priority. Our QMS shwld bo a driver for continuous improvemenl and push us towards increasing posrtive client outcomes. 8. Business growth Goleudy recognises that gr0￿h is vi¢al. We want to grow our organisation in ways that wll allow us to be more Secure. more efficient and more able lo be proactivo in finding innovatsve methods to achieve our goals. Our aim is to devel¢)p bu$r￿S mode15 that supFth flexiblity. innovation an¢J high qualty swvices. 9. Marketing A key priorty for Gdeudy is to raise our profik. We view tt¥$ as wlal to be a￿￿ to manage our reputation more effectively. be more influential and attract better candidates for vacant p)5ts. ￿1r re-tnnding With the namg Goleudy and the strapline"conne¢ting people. homes and opportunities" will provKle us with a groat chance to share new way of being w7lh commissioners, Witioans, clients. staff and the public. Communications 10. Sharing c¥Jr Message We need to have a connection our stakehoSders whereby we areas where our visicffi and theirs ovedap. Therefore. wa naed to improve our communutions. We need lo have a profile that helps us to attract potential stsff, extend our activities and connect with politic¢ans and commissioner5. We need lo sell our positive rnessages more. and encourage a focus on all the p)sitive thirvjs we achieve. 11. Influence and Persuade We believe that to have an influence over public polKy arKI the commis5KJning ￿NIsCaPe. we WAII need evidence lo verify the efficacy of our work. Impact of Covid.19 on future plans The irnpact of the pandem¢ on our clients in parbcular. has been acute. Our business plan was lauA¢hed during the crisis period and idenknfEs the key objectives that Goleudy is aiming to achieve over the coming years. These key goals, stated above. r¢main of paramount importance and, although the methods usgd to deliver the services wll change. it is vrtal th our organisation remains focussed on delivering on these cc*mmitmenls. 14

GOLEUOY HOUSING AND SUPPORT LIMITED (A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 REFERENCE AND ADMINISTRATNE DET￿Ls Charlty Number Company Nurn￿r Registsred Offi¢• M094 1195549 The Customs House Cambrian PLice Swansea SA1 1RG Dlrectors and Trust￿$ The dire¢tors of the charitablo ¢ompany {the charty} are its trustees for the purpose of charity law. The tnJstee$ 8nd officers serving dwing the period and since 31 March 2022 were as fdlows.. Chalr Joy Williams {resigned 3 Juty 20211 Christopher Jon8s {apF¥)inled as Chair. 3 July 2021) Sarah Smith Vlce Chair El¢¢tsd Trust••s Conrad Furtndl Gary Hall Susanna Carter Adelaide Morgan Rachel Ra￿Ing$ Jrmathan Hughes (resig￿d 3 January 2022) Jim Bird-waddington Jim B￿d-waddIrIjt0n loan Davies Suzanne Moryis Mathew Morgan Sarah Daniels Company Secretary Key Management P•rsonno1 Chief ExeoJti¥e Offi￿r Executive Oirector ExecJJtive Director Director of Operations (resigned 31 May 20221 CommurHty Deveknpment Oirector lappoinlod 12 A4m'l 2021. resigned 19 November 20211 Audltors A28ts Audit Serv￿$ Chartered AcC￿ntants and StabJtw Auditors Ty Derw, Cardiff Gate &ffjiress Park Cardrfr CF23 8AB 8ank8rs c￿Operat￿e Bank Plc. 34 Kingsway Swansea SA15LE HSBC 10 Poruand Street Swansea SA13DF Bank of Scotland PO Box 23581 Edinburgh EH1 1WH Legal Advisors Hugh James 114-116 St Marystreet Cardiff CF10 1DY Investment Managers Brewn Oolplmn S Calkghan Square Car¢Jiff CF10 5BT 15

GOLEUDY HOUSING ANO SUPPORT LIMITED IA COMPANY UMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 STATEMENT OF TRUSTEES. RESPONSIBIUTIES The trust8es (who are also directors of Goleudy Housing and Support Limited) for the ￿)￿r￿SeS of ￿rnpanY law are responsible for p￿ParIng the Trustees. Re￿rt (incorporating the strategic re￿rt and difectOTS' report) and the financial stslements in a¢¢ordance wrth appli¢able W and Unrted Kingdom Accounting Standards. including Financial Reporting Standard 102.. The Financial Reporfing Stsndard applicable Sn the UK and Republic of Ireland (United lQ"ngdom Generally Accepted A¢¢ountiry PraCts.￿l. Company law requires the trustees to Prepa￿ financial statements for eath financrdl year which give a true and fair view of the slate of affaits of the charitable company and of the gr¢)Jp. and of the income and expenditure of the charitsble group for that period. In preparing these financk31 ststements. the trustees are required tr): . select suitable ae¢ounting policies and then apply them con$i$tgnty, observe the methods and principles in the Charihes SORP: . make judgments and estimates that are roasonable and prudenL' • slate whether applic3ble UK Accounting Stsndar(Js have been followed. subj.ect to any malerial departure5 disclosed and explained in the financial statements. ar . prepare the financial statements ￿ the going concem basis unless il is Inap[￿pria1& to (Kesumg that the charitable c(ynpany will continue In twJ$iness. The twstees are rgsF¥)nsible for maintainin9 Pr￿r accounting records vthich disclose wilh reasonable accuracy at any time the financial position of the charilable company and enable them lo ensure that the financial statements comply ￿th the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and ihe gr￿p. and hence for takirvj r&tsonable sleps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. . there is no relevant audit inforrnation of which the Charitab￿ companys auditors are unaware" and . the trustee5 have taken all step5 that they ought to have taken to make themselves aware of any relevant audit inforMat￿n and to estsblish that the audrtors are awa￿ of Ihal infomiation. The trustees a￿ reswnsible for tha maintenance al￿ Integrity of the corporate and financial infomiation i￿luded on the charitsble companls website. Legislation in the Unrted Kingdom goveming the preparation and dissemination of financial slatements may dtffer from ￿lslatIon in otherjurisdicbons. Approved by the Bo*d of TfUSte8s on 27 Septsmber 2022 aTrJ signed on behalf of the Board Christoph Chair Tre ur 16

GOLEUDY HOUSING AND SUPPORT LIMITED IA COMPANY LIMITED BY GuAR￿lTEE) REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GOLEVDY HOUSING AND SUPPORT LIMITED FOR THE YEAR ENDED 31 MARCH 2022 Oplnlon We have audited the financial 5ts1ements of GO￿LEdY Housing Support Limited lthe'par¢nt charitable company) and ils subsidiaries Ithe'group'} for the year ended 31 Mard) 2022 which comprise the consolhlatgd Statement of Financial Activities. the consolidated and pa￿nI Baknce Sheet. the ¢onsolKJaled Stslemenl of Cash Flows and r￿teS to the financial statements. includirrfj s19nrf￿anI accounting polic￿5. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Acwunting Standards, includlng Finanoal Reporbn9 Stsndard 102 The Financial Re￿rtIng Standard aP￿{cable in the UK and R¥publi¢ of I￿lartd (United ￿"ngdoM Generalty Ac¢epte(l Accounling Practice). In our opinion the financial statements= give a true and fair view of the state of the group's and parent tharitable companys affairs as 8131 March 2022. and of the group's incoming iesoLrces and applution of resource5, irKludThJ its income and expenditure, for the year then ended". ha￿ been prcperfy p￿pared in accordance United Kingdcrfn GeneraltyAccepled ALcountiNJ Pr¥lice', and have been prepared in accordance with the requirements of the Companies Act 2L)J6 Basis for opinion We conducted our audit in accordance wilh InlernalKffbal Slandards on Auditirwj {UK) IISAS (UK)) and applicable law. Our re$ponsibilib"es under those slandards are further described in th Audrtor's responsibilities for the audtt of thg financial ststgments section of our reFK)rt_ We are independent of the group and parent charitable company in accordance th tho ethical requirements that are relevant to our audit of the financial slaternenls in the UK. including the FRC'S Ethical Standard. and we have fuhllled our other ethical responsibilities in accor¢Jan¢e with these requ1￿MentS. We belve thal the audit evKlenc$ we have obiained is suffiaenl and appr¢)priate lo prov¢de a basis for our O￿nion. Conclusions r¢lating to going ¢on￿M In audib'ng the financial stslements. we have corKluded that the trustee5' use of the going conwn basis of acc(￿nting in tho preparation of the financial statements is appropriate. Based on the work we have perfomied, we have not idenbfied any malerial uncertaintses relating to events or conditions that. individualty or colleGts"vely, may ¢ast signtfKant dtyJbt on the group's or parent ¢haritable c(xmpany's abilty to continue as a going Concem for 8 period of al least ts¥efve months from when the financial stslemenls arè aLthorised for issue. Our responsibilities and the responsIb￿lI1eS of the trustees wilh respect to going 03ncern are desc¥thd in the r•lfjvant section$ of this re 17

GOLEUDY HOUSING AND SUPPORT LIMITED (A COMPANY UMtrED BY GUARANTEE} REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GOLEUDY HOUSING AND SUPPORT LIMITED FOR THE YEAR ENDED 31 MARCH 2022 Other Information The other information comprises the info￿a￿On in the trustees annual reporL other than Ihe rinancial ststemenis and our auditorfs report thereon. The trustees a￿ responsible for the other information ¢ofltsined wthin the annual rep)rt. Our opinion on the financial statements does not cover the olher information an(J. except to the extent otheThw5e expticrtty stated in our report. we do not express any ft¥m of assurance conclusion Ihereon. Our res[￿sibIlIty is to read thè other infom)ation and. in d(Mng so, consider whether the other inlormats.on is materialty inconsislenl with the financial slalements ￿ our knowledge obtained ￿ the course of the audit or otherwise appears to be materially mi55tated. If we Klentify such malerKal inwnsistencies or apparent malerial mi5Stalements. we a￿ required to determine whether thi5 gives rise to a material misstslement in the financial statements themselves. If. based on th8 work we have perfomed, we ¢￿d[￿le ihal lh8￿ is a material missiatement of this other infofmaticffl. we are required lo report that facl. We have rholhing to re[￿￿ in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion. based on the vffjrk undertaken in the ctyjrse of the audit.. the information given in the trustees. report (ir￿orpora￿.ng the strategic report and directors report) for the financbal year for whith the financial statements are prepared is consistent with the financial statements- and the strategic reF(Kt arHI the direct￿$ re[￿rt irKkKled wrilh the trustsgs report have been prepared in accordance wth applicable legal requirements. Matters on which we are rnqulrod to report by exwtlon In the light of th¢ knowledge and understanding of the grc¥Jp and parent charilable company and its enwronment obtained in the course of the audc we have not identifEd material misstatements in the strategic report and the directors, report inclu¢Jed wthin the trustees rew)rt. We have nothing to report in respect of the folk)wrvJ matters where the Com￿18S Act ￿ requires us to report to you if, in our opinKJn'. adequate accounting records have not been kept by Ihe parent charitable company. or retums adequate for our audit have not been received from branches not TrAsited by us; or the parent charitsblts compa￿$ financial statements are not in agrgement acC￿ntIng records and returns., or certain disclosures of directcffs. remunerab.on specrfied by law are not made., or we have not received aN the infom7at￿ and e￿￿tiOnS require for our audit. 18

GOLEUDY HOUSING AND SUPPORT LIMtTED {A COMPANY UMITED BY GUARANTEE) REPORT OF THE INDEPENDENT AUD￿oRs TO THE TRUSTEES OF GOLEUDY HOUSING AND SUPPORT LIMITED FOR THE YEAR ENDED 31 IAARCH 2022 Re$ponsibilitie$ of the tTU$tees As explained more fully in the Iwstees. responsiblities statement set out on page 16, the trustees (who are also the directLYs of the pa￿lll chantable ¢ompany for the purposes of company law) a￿ responsible for the preparation of the financial slatements and for being sats"sfied that they gNe a true and fair v￿. and for such intemal control as the trustees determine is necessary to enable the preparation of financial stalemwts that Bre free from material misstaternenl. whether due lo fraud or error. In preparing the finanoal swemonts. trustees are responsible for assessirvj the groups and parent charitable compan￿$ abilty to continue as a going concern. disclosing. as applicable. matters related to going con￿rn and using the going concern basis of accounknng unless Ihe tru51ees erther intend lo liquidate the group or parent charitable company or to cease operations. or have reali51ic af(ernative bul to do so. Auditorfs rosponslbilities for the audlt of the financial sLkn•nts We have been appointed auditor under the Companies Acl 2006 and report in accordan￿ this Act. Our objectives are to obtain reasona￿e assurance about ¥A￿ther the financial statements as a Nthole are free from material misststem8n( whether due lo fraud or error, and lo issue an auditor's report that indudes out opinion. Reasonabk assurance is a hNJh level of assurance, but 15 not a guarantee that an audit conducted in accordance with ISAS (UK) wdl always detect a Material mi551atement when rt exists. Misstslements can arise from fraud or error and are ￿nsidered malerial if. individually or in the aggre9ate. they could reasortably be expected lo infhjence the economic decis￿nS of users tsken on the basis of thas& financial statements. Irregularities. i￿luding fraud. are Instan￿ of non-ccrfnpl'arte wlh laws regulations. We design procedures in line with our re$pon$ibilities. outlined above, lo delect material misstalements in respect of irregularities. I￿U¢JIng fraud. The exlent to prctedures are capable of d6tecb.ng irregularities. including fraud. A further desCrIpth￿ of our responsibilits.es is availabl8 on the Financial Reportin9 Council's websits 8t- hllps'.IIwww.f￿.org.uk1oUr-wo1kJAuditIAud1l-and4$sUraN¢e1sIandar￿$-and-gUldan¢e1standards4nd- guidan¢e-for-au¢JitorslAuditors-responsibilities-foT•auditlDes¢ripts"on-tsf-audrtors-responsibilities-for- audit.aspx. This descripts.on fomis part of our auditorfs re￿t Ext•nt to whlch th• audit wa$ Considered ￿Pable of dete¢tlng Irr•gularltles. Includin9 fraud Irregulanties. including fraud, a￿ Instan￿ of non-complian￿ wrth law5 and regulalffis. We design procedures in line wlh our responsibiltbes. ouuined above and on th8 Financsal Reporting Council's website, to detect material misstaternents in respe¢l of irre9tJlarities. induding fraud. We obtain and update our urKlerstanding of the entity. its athib"es, its control enwrcmment. and likely future developments. incbjding in relation to the legal and regulalory framework appluble and how the entity is cornplwng with that framework. Based on this understandiThJ. we idenkn'fy and assess the risks of material misslalement ol the financial statements. whether dLTre to fraud or error, design and perform audit procedures r8sponsive to those risks. and obtain audit evKJence that is suffici￿t and appropriate to prowée a basis for our opini￿. This includes consideralion of Ihe risk of acts by the entty that were conliary lo applicable laws and regulations. including Iraud. 19

GOLEUDY HOUSING AND SUPPORT LIMITEO IA COMPANY LIMITED BY GUARANTEE) REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GOLEUDY HOUSING AND SUPPORT LIMITEO FOR THE YEAJI ENDED 31 MARCH 2022 In Tesponse lo the risk ol irregularilies and nonrycompliance wilh laws and regulations, I￿￿JIng fraud, we designed procedures which included.. Enquiry of managemenl and those charged wilh goveman¢e ￿1nd aciual polenlial lrtigatH)n and claims as well as actual, suspected and alkged fraud.. Revitiwng minutes of meotings of those charged ith goveman¢e: Assessing the extent of Complian￿ with the law5 and regulatKns considered lo have a direct material effect on the financial statements or the operations of the entity thr￿gh enquiry and inspection- Reviewng fina￿131 statement disclosures and testing to supportin9 documentat￿)￿ to assess compliance wlh appl¢able laws and reguL4lions'. Performing audit WLvk over th8 risk of management bias antj overrKJo of controls. Including testing of joumal entries and other adjustrnenls for approprienes5, evaluating Ihe trwJ5iness ralionalg of significant transactions outside the n￿rnal course of business and reviewiru accountsng estim81es for ifftli(tors of potential bias. Because of the inherent limitations of an audit. there is a risk that we will not delecl all irregulartties. induding those leading lo a material misstatement in the financial slatements or nonacompliance with r¢gulation. This risk increases the more that compliance v￿h a l&¥ or regulation is removed from th8 events and transactions reflected in the financkal statements. as we will be kns likely to become aware of instances of non-￿mplIan¢e. The risk of not detectsng a material misstatement resulting from fraLxI is higher than foT one resulb.ng from error, as fraud may involve cdlusion. forgery. inlontional omissions. MISrep￿Sentstio￿s. or the overrKle of inlemal ¢￿trrA. Use ol our report This report is made sol•ty to the charitable companvs Mem￿rS, as a body, in accordance with Chapter 3 of Part 16 of Ihe Companies Act 2CKJ6. Our audit work has been undertaken so that we mKJht stale to the ¢l)arilable companls members those m*tefS we are reqUI￿d to slate to them in an auditorfs report and for no other purpose. To the fvllest exlent pernitte(J by law. we do not accept or assume responsibility to anyone other than the charitsble company and the charitable cornpanY5 members as a body. for wr audi( work, for this report. or for the opinions we have forrned. h Casè FCA DChA or Statutory Auditor For an¢J on behalf of Azets Audlt Servic•s Chartered AeLountsnts and Stalulw Audrtors Ty Defw Lirne Tr88 Court Cardrff Gate Busin8ss Park Cardiff CF23 8AB Date: 18-1g-lotL

GOLEUDY HOUSING AND SUPPORT LIMITED {A COMPW4Y LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES - CONSOLIDATED INCLUDING INCOME AND EXpEND￿uRE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Restrbcted Restrlcled Unrostrkted Unrnstrlcted Capital G*n•ral D•$ignatsd G¢n•ral Funds Funds Funds Funds TOTAL 2022 TOTAL 2021 INCOME Inc(xne from Charitsble a¢b"wties 329.435 2.528.771 2.858.206 3,098.914 Income from other trading activities Investment Income 7.992 7.992 5,914 TOTAL INCOME 2 536763 2 866198 3 104828 EXPENDITURE Cost of raising lunds Expenditure on CharitaNe activitiès.. 273.510 2.309.660 2,583,170 2.943,584 TOTAL EXPENDrruRE 273,510 2,309.660 2.583,170 2,943,584 N•t gain$ I Ilossesl on investments 22.026 22.026 48,507 Net in¢ome I lexpendlturel Gross Translers be￿•0￿ funds 55.925 249.129 305,054 209.751 18 (11.780) 729.557 {717.7771 Net Movement In Funds 111.780) 55.925 729,557 1468.648) 305,054 209.751 RECONCILIATION OF FUNDS Totsl funds brought foTh¥ard 18 505.130 152.878 1.192.951 801.560 2.652.519 2,442.768 TOTAL FUNDS CARRIED FORWARD 19 493.350 208,803 1.922,508 332.912 2.957.573 2.652.519 All of the ￿t wKoming resources are from contir￿l￿g activitss. The C¢)mpany has no recognisad gains or losses thher than the abm. The notes on pages 26 to ￿ form part of the financial statemgnts. 21

GOLEUDY HOUSING AND SUPPORT LIMrrED (A COMPANY LIMITED BY GUARANTEE) COhlPARATIVE STATEMENT OF FINANCIAL ACTIVITIES- CONSOLIDATED INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Restricted R￿trIctsd Unrnstrlct•d Unro$trl¢tsd Capital General Designated General Funds Funds Funds Funds TOTAL 2021 INCOME Income from Charitable activities 380.705 2.718.209 3,098,914 Income from other tra¢Jing actsvities Invesknent Income 5.914 5,914 Total Income 2 724123 3 104828 EXPENDITURE Cost of raislng funds Exponditure on Charitable a¢tiwlies'. 315.530 2.628,054 2.943.584 TOTAL EXPENDITURE 315.530 2.628.054 2,943,584 Net gains l (losses) on investments 48.507 48.507 N•t Incom• I (•xpenditur•l Gross Transfers betW8en funds 65.175 144.576 209.751 {11.780} {384,237) 396.017 Net Mov•m•nt in Funds {11.7801 65.175 1384,2371 540.593 209,751 RECONCILIATION OF FUNDS Total funds brought fornard 519.910 87.703 1.577.188 260.967 2.442.768 TOTAL FUNDS CARRIED FORWARD $05.130 152.878 1.192.951 801.560 2,652.519 l of the nel incoming resources are from conbnuing aclivities. The company has no recognised gains or k)sses other than the atrM)ve. The notes on pages 26 10 SO form part of the finanaal statements.

GOLEUDY HOUSING ANO SUPPORT (A COMPANY UMffED BY GUARANTEE) GROUP BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2022 Notss 2022 2021 FIXED ASSETS Prop$￿e$ Other Tangible Assets Investsnenls 12 13 14 776.924 45,402 543,003 1.365.329 801.754 76.125 518,471 1.396.350 CURRENT ASSETS Debtors Cash at bank and in hand 15 349.934 2.075 536 2,425,470 400.344 1694.522 2.094.866 CREDITORS Crèditors falling due within one year NET CURRENT ASSETS 16 1833,226} {838.6971 1,592.244 1.256.169 NET ASSETS 2 957 573 2652 519 THE FUNDS OF THE CHARITY General Funds Designated Funds Restricted Funds Restrided Capitsl Funds 18&19 18&19 18&19 18&19 332,912 1.922,508 208,803 493.350 801,560 1,192,951 152,878 505,130 TOTAL CHARITY FUNDS 2 957 573 2652 519 The company is enbued lo the exemption from the aLKlil requirement conlained in section 477 of the Companies Act 2006 for the year ended 31 March 2022. allhough an audit has been carried out under section 144 of the Charities Act 2011. No mernber of the company has deposited a rK)tice. pursuant to secth)n 476, requiring an audit of these accounts under the reqU1￿ments of the Companies Act 2006. The trust8es responsibilities for ensuring that thg keeps aCr￿unting records which comply wlth seCt￿n 386 of the Act and for preparing a¢¢ounts which give a Irue and fair wew of the stsle of affairs of the company as al the and of the financial year and of its incoming resources and applicats"￿ of resources, including its income and expanditure. for the financial year in accordance wth the ￿qUirementS of se¢tions 394 and 395 and which 0thgNsg comply wth the requirements of the Compani8s Act 2006 relatiThJ to accounts. so far as is appllcabl8 to the company. These accoun15 have been prepared ￿ &¢tydan¢e wtlh the provisions applKable lo companies subject to the small companies. ￿gime. These accounts We￿ approved by the Trustees on 27 Septsmbèr 2022. Christophor Jo Richard Lea The notes on pagos 26 to 50 form part of the financial ststements. Company registration number: 1195549

GOLEUDY HOUSING AtrID SUPPORT IA COMPANY UMITED BY GUARANTEE) CHARITY BALANCE SHEET FOR THE YEAR ENOEO 31 MARCH 2022 2022 2021 FIXED ASSETS Propgrti•s Oth*r Tangiblè A$$sts Investments 12 13 14 776.924 45,402 $43.004 1,365.330 801,754 76.125 518 472 1.396,351 CURRENT ASSETS Debtors Cash at bank and in hand 15 349,934 2 075,202 2.425.136 4W.344 1694 152 2,094.496 CREDITORS Crèditors falling ¢Jue wthin one year 16 1833.2261 1838,6971 NET CURRENT ASSETS 1591.910 1,255,799 NET ASSETS 2 957 240 2652 150 THE FUNDS OF THE CHARrrY General Funds Dtsignat8d Funds Restricted Fund$ R&strictÈd Capital Funds 18&19 18&19 18&19 18&19 332.719 1.922.508 208.663 493.350 801.331 1.192,951 152,738 505,130 TOTAL CHARITY FUNOS 2 957 240 2652 150 The company is entilled to the exernpti￿ frryn the audit wuirwY￿I contain•d in saction 477 of the Companie5 Act 2006 for Ihe year endeol 31 Marth 2022, althcwJ9h an audtt has been carried out under section 144 01 the Charities Act 2011. No member of the company has dewsit¢d a notic8. pursuant to sects.on 476. requiring an audrt of these accounts under the requirements of Ihe Companies Acl 2006. Thè trustèès rèspons1￿.1￿"eS for ensurirvJ that the charity keeps accounting records which compty with section 386 of the Ad arKI ft)r preparing accounts which give a true and fair wew ofthe state of affairs of thè Company as at thè ènd of th$ financial year and of ils irthming resources and ap￿￿tIOn ol resources. including its income and expendilure, for the ffinancial year in accordance wth the requirements of S￿￿OnS 394 and 39S and vthich othe￿1$￿ comply with the requiremenls of the Conwnses Act 2006 relating to accounts, so far as is applicable lo the ¢ompany. These accounts have been prepared in a¢cor(lanGe with the provi510ns applicabla to eomparmes subject to the small companies. regime. These accounls were approved by Trustees on 27 Swember 2022. Tnjstee... Richard Lea Christopher Jon The notes ￿ pages 26 10 50 forrn part of the financial $tstements. Company wistralion number 1195549 24

GOLELIDY HOUSING AND SUPPORT (A COMPANY UMITED BY GUARANTEEI STATEMENT OF CASH FLOWS- CONSOLIDATED FOR THE YEAR ENDED 31 MARCH 2022 Not•s 2022 2021 Cash flows from opeiating activitie5 Net Cash provlded by opgrnting a¢tiviti•$ 382,710 626,204 Cash flows from investment a¢tMtles Interest from investrnents Interest from investments added to investment portfdio Purchase of fixed asset investment Purchase of property. plant and equipment Proceeds froTn sale of assets 7.992 17.8881 5.914 14.9191 (250.0001 11,8CQI 225.000 Net Cash used In Inwstlng adlvltl•$ 11.6961 {24,0051 Change in cash and cash equivalents in Ihg year 381,014 602.199 Cash and cash equiva￿ts al the beginniThJ of the ￿ar 1.694.522 1,092,323 Cash and Cash equfvalents * th• •nd ol th• year 2 075 536 1 694 S22 The notes on pages 26 to 50 form part of the financial statements. Company registrat￿n number. 1195549

GOLEUDY HOUSING AND SUPPORT (A COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 1 ACCOUNTING POLICIES The principal accounting rx)li¢ies adopted. jL•Jgements and key srAJrcgs of &stimation uncertalnty kn the preparation of the financial statements are as for￿. Charity Infomiatlon Goleudy Housirvj and Support Limited is a private Charitabl8 company Iwniled by guarantee wicorporatsd in England and Wales. The Charity changed its name from C￿del1haS Caer La5 in June 2020. The registered office is The Cuslom$ House. Cambrian Place. Swansea. SA1 1 RG. (al Accountlng convention Th8 financial statements ha￿ been prepared in accordance tmth the charitys goveming document. the Companies Acl 2006 and "Accounb"ng and Reporting by Chath"es.. Statement of Recommended Practice applicable to tharib.es preparing their a¢￿Unts in accordance ￿ the Finanual Reporting StsThlard applicabla in the UK and Republ￿ of Ireland {FRS 102) (effeclive 1 January 2019)-. The charity is a Public Benefit Entity as defined by FRS 102. The acc¥)unts a￿ prepared in slerfing. whith is functional Cufrency of the charity. Monetary amounts in these financial slalemenls are rounded to the nearest £. The accounts have been prepared urKler the historical-CA>St conventiM. The principal accL)unting policie$ adoptsd are set out below. Ib) Going concern Al the time of approving the accounts. Ihe trustsas have a feasonabl8 expeclation that the charity has adequate resources to wilinue in operatK)nal exkqtence for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounling in preparing the accwnts. {el Group flnan¢lal stat•rn•nts The financial statements c¢msolidale the results of the charity aTrJ Tts wholty sUbS￿lary, Caer Las Trading Limited on a line-by-line basis. A separate Ststemenl of Financial ACtl￿be5 8nd Income and Expenditure Account for the charity has not been presented because the ch￿lty has taken advanlage of the exempts.on aflorded by section 408 of the Companies Act 2C#J6. {d} Cash flow statement No Separate cash flow statement ha5 been presenled for the itsell as the charity has tsken advantage of the exempts'ons In paragraph 1.12 of FRS 102. {•) Income Income recorded in the Statement of Financial Activities ￿[￿Jents the value of granls received and Tentsl and voluntary income. Income is recognised vthen the charity has enliuement to the lunds. any performance conditions attached to the income have been meL (( is probable that the will be receNed and ts amount can be mgasurod reliabty and is not deferred.

GOLEVDY HOUSING AND SUPPORT {A COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 1 ACCOUNTING POLICIES - CONTIMUED lfj Donated sg1vl¢￿ wd lacllltles Donated gcods are recognised as income when the ¢hanty has ¢￿trol over the itgm. any con(j￿"0ns a$sociated th the donated items have been met, the receipt of econtynic benefit from their sale 1$ probable and that e￿nomiC benefit can be measured reliably. In accordance wth Ihe Charities SORP (FRS 102) the general time of volunteers is not recognised. 191 Int•r•st r•ceivable Inleresl on funds held on deposit is indude<l ¥then receivable and the amounl can be measured Teliabty by Ihe charity: this is normally upon rb)trf￿alK￿ of interest paKI or par4bk by the bank. fh) Expendllure Expenditure is reccgnised on an accruals basis as a 1kn1bilrty is incurred. Charitable expenditfft comprises Ihose costs irKurred by the charity in the delrvery of its activitie5 and seNi¢es for its beneficiaries. It indudes both costs that can be alhxaled direclly lo such xtivitie5 and those costs of an indirect nature necessary to support them. Governance costs include those costs assocoled meebng the constitulional aTrJ statutory requirements of the charity arKI include audil fees and ￿$ts linked lo the stralegic mana9emont of the charity. {1) Cost of g•nwatlng funds Retail ￿$t$ include the cosls of goods sokl. No value is attributed lo g¢x*Js donated for sal8. (J'l Allocation of support costs Support costs are those funth.ons that assist the work of the charity bul do not directy undertake tharitable activities. SLtpport costs include back office costs. finance. HR. payrdl and govemance cosls. These costs have n allocated betsveen costs of raising fijnds and experKliture on charitable actsvibes. The basis on which support costs have been allocated are set out in note 7. Ikl Tangibl• Fixed Ass•ts Fixed assets are capitalised al cost. Depreciation is prowded at rales estimated to write off the cosl of fixed assgts to their estimated residual value over the expected useful workin9 lrfe of those assets. Depreciation is provided on a straHJht line basis as follows.'- Freghold propety Leasghold property Plant and equipment Fixtures and fitbngs Database 2% 20% 20-25% 2￿25% Freehold land is not depreciated. Assets beknv £1.OW are not capitali8ed. Iwt included within expenses. 27

GOLEUDY HOUSIMG AND SUPPORT (A COMPANY UMITEO BY GUARANTEE NOTES TO THE FINAJ4CIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 1 ACCOUNTING POLICIES- CONTINUED (11 Impalrment of fixed assets Recoverable amount is the higher of fair Wdk18ss costs to sell value in use. In assessing value in use. the estimated fvturè cash flows are discounted to their present value using prè-tax discount rats that reflecis current market assessments of the time value of money and the risks spec1￿C to the asset fof which the estimates of future cash flows have not been aljusted. If the rKoverable amount ofan assel 1$ estimated to be than its carryw amount. the Carr￿n0 amount of the asset is reduced to its recoverable amount. An impairment foss is recognised immediately in income I (expenditure) for Ihe year. unkss the ￿levant asset is carried al a revalued amount. in whith case the impairmenl10s5 is treated as a revaluali¢)n decrease. Re¢conise¢J impairment h)sses are reversed rf, arKJ rf. the reasons for tho impaimient loss have ceased to apply. Where an impairment bss subsequert￿y ￿verSe$. tho Carr￿n9 amount of the asset is in¢r8as8d to the vised estsmale ol its recoverable amount. bul so that the increased carrwng arnounl does not exceed the carrying am¢JJnt that would have been detemiined had no impairment loss been recognised for the asset in prior years. A reversal of the imparment loss is reccgnised imrnedialety. unless the relevant asset is carried at a revalued amoun( in which ¢ase th8 reversal ol the impaimi8nt is treod as a revafuatw increase. Im) R•palrs and renewals Repairs and renewals expenditure is written off in thè aCc￿nting in which the expenditurè is incurred. Inl Fix•d Asset Inv•stm•nts A subsidiary is contr￿le￿ by the charity. Contrd is thg to g)v8m the finarKial and operating policies of the entity so as to obtsin benefits from its activibes. Investments are a form of basic financial instrument and are inTliaty recognisefj al their transa¢lion value and subsequently measured at their fair value as at the balance sheet (late using the closing quoted market price. Gains and losses arising on the disposal of investments and the revaluation to lair value are charged or credited to the statement of financial actiwties in the year. The main fom) of financial risk fa￿1 by Ihe Charity is the volalility in equty ma￿etS and investmgnt markets due to wider economic conditions. {ol Cash and cash equivalants Cash and cash equivalents include cash in hand. deposits held at call wrth banks. olher short4erm highty INJu¢d inveslrnents with orMJinal maturits.es of three months or less. and bank overdrafts. Bank overdrafts afe shown within borrowings in current lia￿1¢be$. {pl Llabiliti•s Pollcy Liabilities are recognised in the Statement of Financial Activities as they become payat40. 28

GOLEUDY HOUSING AND SUPPORT (A COMPANY UMITED BY GVARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCFTr 2022 1 ACCOUNTING POUCIES . CONTINUED (ql Financial in￿rUMents The charity ha5 elected to apply the provisions of Seclion 11 'Basic Financial Ir￿truMents. and Section 12 'Other Financial Instruments Issues. of FRS 102 to all its finan¢ial inslruments. Financial instruments are recognised in the ¢harity$ baian¢e Sheet wthen the charity becomes party to the contractual provisions of the inslrumenl. Financial assets and lialNlilies are offset, Ihe n8t amounts presented in the financial statements. when th8re is a legally enforceable rvJhl lo set off the recognised amounts and there is an intention to sètue on a net basi5 OT to realise the asset and Sett￿ the liability simulianeousty. Baslc financial assets Basic financial assets, whith indude (Jebtors cash and bank balances, are initially measured at transaclion price induding transactions costs and arè subsequenvy carried at amortised c051 u51ng the effective interest method unless the arrangement conslitutes a financing transaction. where the transaction is measured al the present value of the future receipts discounted at a market rale of intere51. Financial assets classthed as rtteivable wthin one year are not amortised. Impaimient of finan¢lal assets Financial assets, other than those held at fair value Ihrough income and expenditure, are assessgd for indicators of impaim)ent at each reporbng date. Financial assets a￿ impaired where there is obieth've evidence that, as a result of ono or more ev¢nls that occurred after the initial recognilion of the financial asset, the estimated future cash fi(sws have been affected. If an asset is Impai￿d. the impaimient hxs is the difference befv￿en the carry(ng amwnt and the present value of the estimated ¢ash fbws discounted at the asset's original effecttve inlewl rate. Tho impairnient loss is recognised in net income l (experKliturel for the year. If there is a decrease in the impairment h)ss arising from an event ￿¢UMn9 after the impairment was recognised, the impaimient is reversed. The reversal is such that the currenl carrwng amount does not exceed what the carrying amount would have been, had the impairment not wevKxJsly been recognwl. The impairment reversal is recognised in net income l (expenditure) for the year. Dere¢ognltlon ol financial ass•ts Financial assets are derecognised only tfvthen the contrathal rmjhts to the cash flows from the asset expire or are sgttlgd, or when the chanty transfers the financial asset and substsntially all the risks and rewards of ownership to another entty. or if some signrficanl r￿kS and rewards of owne￿hlp are rgtsinod bul control of thg as$8t has b88n transferred to another party that is able to sell the ass8t in its entirety to an unrelaled third paty. Basic F5nancial Liabilitiès Basic financial liabilits"es, including ￿drtots bank loans. are inilially recognised at transaction price unless the arrangement cMstitutss a fina￿Ing transaction. lh8 debt instrument is measured at the present value of the fulure payrnenls dis¢wnled al 8 market rats of inlerest. Financial liabilities classified as payabk vAthin one year are not amortised. Debt instrument3re subsequently ￿rried al amortised cost. using the offecbve inlerest method.

GOLEUDY HOUSING AND SUPPORT IA COMPANY UMITED BY GUARANTEE) NOTES TO THE FINA)ICIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 1 ACCOUNTING POLICIES - CONTINUED Iq) Finan¢lal In$trum•nts . ¢ontinued Trade ¢￿￿110r$ a￿ oblwJati(ms to pay for gorNJs or services that have been acqui￿ in the ordinary course of operations from suppliers. Amounts payabl6 are dassified as current1obll￿.es rf payment is due within one year or less. If not. th8y are presented as non*current liabilitie5. Trade creditors ar8 recognised initsally al transaction price and sub$equentiy measured at amortised cost using the effeclNe interest method. Derecognltlon of flnanclal Ilabllltles Financial liabilities are derewiised ￿en the charitys contraclual oblbjations expir• or are discharged or cancellèd. Ir) Operatlng Leases Rentals paid under operating leases a￿ charged to the Slatement of Financial AclNities on a straight line basis over Ihe period of the lease. {sl Penslon Schen Pension scheme def￿￿ contribuli(M)s are m•Je by the ￿MpanY to lurKls. the assets of thich are h¥kl separately from those of the company. The pension cosls in the Ststement of Finanual Actiwties represent the amount of the ¢OntrIbut￿ payable in respect of the accounting ￿riod. During 2022 the amount of contributions rec(vJnised in the Statement of Financial Acti￿tieS wa5 £40,338 {2021- £43,327) The basis for allocating between activibe5 and restricted and Un￿StriCted funds was made based on the individuals concemed. {t} Fund A¢￿untIng General funds are unrestricted funds which a￿ available for use at the discretion of the director5 in furtherance of the genernl obio¢tives of the charity arKI ￿lch have not been designated for other purposes. Designated Reseryes rep￿sent unrestri¢tsd roser¥es which have been alhxated frx specific purposas but are not legally t￿Und for that purpose. Goleudy has designated reserves: The Designated Property Asset Fund and Ihe DesNJnaled Purposes Fund. Reslrictsd lunds ara funds vthich are to be used in accordance with specth reslrrctions imp¢)sed by donors or vthich have been raised by the tharity fof particJJlar purposes. The cost of raising and adminislering such fvnds are charged against the speufic fund. The aim arnl use of eath reslrthd fijnd is set out in the Th)tes to the financial statements. lu) Employee benefits The cosl of any unused holKl8y entittement is recognised in pgriod in ￿lch the employee'5 seN¢es are received. Terminati¢)n benefits are recognised immedialety as an eX￿n$? vthen the charity is demonstrabty committed to temiinale the employTrenl of an em￿oyee ¢x to t8miination benefits

GOLEUDY HOUSING AND SUPPORT (A COMPANY LIMrrED BY GVARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ACCOUNTING POUCIES- CONTINUED (vl Govemment grants R8v8nue gyants ar8 credited lo the s&￿ement of Financial Activrt*s account Ouring the pèriod of expenditure. Other capital grants are treated as deferred credits and a proportion is transferred to revenue annualty. in accordance wth the lrfe of the asset Revenue grants received in advance OT unspent al the year erKI are carried forward in creditors. Iw} Corporatlon Tax As 8 r￿Istered charity. Gofeudy Housing and Support Limited is entitled to the exemption from tsxation in respect ol income and captsl gains received within seclions 478489 of the Corporation Tax Act 2010 and section 256 of the Taxation of ChargealA6 Gains Act 1992 to the extent that these are applied to ils charitabl8 objects puiposes only. (xl Crltical accounting estimates and judgwnents In the application of the charitys accounting pol￿￿. Ihe tru51ees are reqLJired to make judgements. estimates and as$umptions about the ¢arrwng amounts of assets and Ivabilities that are r￿1 readily apparent from other sources. The estimates and associated assumptions are based on historical experience and olher factors that a￿ considered to be relevant. A¢￿81 results may drffer from th8se èstimates. The estimates and Under￿n9 assumptions are rewe￿d IM an ongoing basis. Revisions to accounting estimales are reco9nised in the period in which the ests.male 15 re¥￿d tpthere the rwsion affe¢ts only that period. or in the period of the re￿ and future periods where the revision affects both current and fvture periods. 31

GOLEUDY HOUSING AND SUPPORT IA COMPANY UMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 2 LEGAL STATUS OF THE CHARITY Goleudy Housing and Supp)rt knmited is a company limited by￿arantee arKI has no share Ca￿tal. In the event of the charity being wound up. the liabilty in respect of guarantee is h'miled to £1 per member of the charity. 3 INCOME FROM CHARITABLE ACTlVtriES - GROUP AND CHARITY Totsl 2022 Total 2021 Unre$trlct•d Restrkt Supporting People l Housing Support Granl (HSG) Rents ReCeiVa￿e City & County of Swansea {Sockil Services) Welsh Govemment IHSG - Outreach) Welsh Governrnenl IHSG - Rc¥Jte5) Welsh Governmont (HSG - Housing Fwst 4 Youth) Housir#J First- Bridgend Voluntary Sector Grant WCVA- VSEF Crisis- In This Together FurKI Swansea Foo¢J Poverty Fund Talbot Road Rental Income Swansea Say Univetsity Health 803rd Donati¢Ms Other Grants Groundworks Grant Neighbourly Community Fund 1.691.962 680.568 1.691,962 680,568 96,887 122.597 55.046 29.953 43,520 48.787 1.676.145 722,175 94,800 123.808 66.322 8,162 60,000 194,946 54,079 17.680 11.315 19,204 41,618 4,497 3,263 500 400 2.087 122.597 55.046 29.953 43,520 48.787 2.500 8.385 8.385 41.618 32.596 3.787 41.618 26,847 5.749 3.787 Total In¢om¢ from charilabl¢ a¢tlvltl•s 2.528,771 329,435 2.858.206 3.098,914 4 INCOME FROM OTHER TRADING ACTIVITIES The wholty owned trading subsK1iary, Caer Las TradiryJ Limited. is in￿rpLyated in Ihe United Kingdom (company number 0943267918nd pays all its profft5 to the charty under th*'Gift aid" scheme. Caar Las Trading Limited is a fumiture recycling Scheme whose primary acti￿ty was the s&e of donated furniture to the general public. In December 2019. the company ceased trading. During the years to 31 Mareh 2022 31 March 2021. Caer Las TratJiNJ Limitod gener8ted no sal&s.

GOLEUDY HOUSING SUPPORT (A COMPANY UMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 4 INCOME FROM OTHER TRADING ACTMTIES - CONTINUED The summary of the financial performance of Caer Las Tr&JiThJ Limited is: 2022 2021 Turnover Cost of Sal8s and Administralive Costs (36) Nel (Lossl I Profit 36 The assets and liabilities of Ihe sub$Kli￿ were Current As5els Current Liabilib"es 334 370 Total nel assets 334 370 Aggregate Share Capital and Reser¥es 334 370 S INTEREST RECEIVABLE - GROUP AND CHARITY 2022 2021 Investment income rerAvable Bank interest rec*vable 7.888 104 4.914 1.000 All of the group's inveslment income arises from money hebj in Inte￿$1 bearing deposit accAiunts. 6 COST OF RAISING FUNDS During the years ended 31 March 2022 an 31 March 2021 Caer Las TradiNJ incurred no costs in carrying out trading a¢b"wty.

GOLEUDY HOUSING AND SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 7 EXPENDITURE ON CHARITABLE ACTlVtrES - GROUP The Charity undertakes (￿ty one charitatAe acti?￿1￿. Social housing and support. Social Housing & Support Support Costs Governance 2022 2021 Res. Res. Un. Rek TOTAL TOTAL Wages arKI Salaries 1,049.732 151.458 262.433 37.864 1,S01,487 1,721.215 IT and CommuniCat￿S 1S5.204 8.325 163.529 165,162 Maintenance and D$￿rating 145.837 11,108 156.945 137,603 Rent 134.163 139,113 28,649 Utilities 84.605 3.762 9.401 418 98.186 128,196 Cleaning 75.795 3.233 79.028 70,032 HA Management Costs 66.787 66.T87 187,208 Depreciation 45.178 705 11.294 176 57.353 71.162 Purchased Services 26.368 26.922 8,020 Legal & profosswal fees 11.337 34.567 47.710 40,979 Furniture and Fittings Costs 42.481 4.453 46.934 62,067 Printing. Postsge. Slalionery and Advertising 35,267 1.194 8.817 45.576 20,009 Insuran miums 36.968 4.803 41.771 49,741 Subtotsl 1,846,386 190,994 355,281 70,481 34.567 2,497,709 2.690,043

GOLEVDY HOVSING AND SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ÉNDEO 31 MARCH 2022 7 EXPENDITURE ON CHARffABLE ACTNITES- GROUP- CONnNUED Sodal Housing & Support Support Cosls Govwnanca 2022 2021 Res. Res. Res. TOTAL TOTAL Audit and AC￿untancY 25.463 25.463 14.442 Vehides and Trav 17.609 2.579 1.9S6 22,431 21.279 Training 4.447 6.162 1.111 1.541 13,261 17.977 Sundry expenses 8,199 231 10,537 23.099 Food 9.748 428 10.176 7,949 Investment Management Costs 5.382 5.382 3,192 Keys 1.684 3,051 Bank charge5 1.222 1,222 Trips and Activities 1.209 1,209 576 Volunleor expenses 750 750 Trustee Expenses 310 310 Bad Debts {6.9641 {6.Wl 146,068 Profit Disposal 14,614 1882 318 201 144 72 366 60 340 2583170 2943584 The support costs and govemance cosls are fulty charged againsl the charitys aclmty,. Sc¢ial Housing and SupkK>rt. 35

GOLEUDY HOUSING AND SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 7 EXPENOITURE ON CHARThABLE ACTMTES . CHARITY harity undertakes onty one chariLible activity. Social housing aThJ support. S¢Klal Housing & Support Support Costs Gov•manc• 2022 2021 Un. Res. Re TOTAL TOTAL Wages and Salarigs 1.049.732 151.458 262.433 37.864 1.501.487 1,721,215 IT and Communicallons 155.204 8.325 163.529 165.162 Maintenance arKI Decorats'ng 145.837 11,108 156.945 137.603 Rent 134.163 139.113 28.649 Cleanirwj 75.795 3.233 79,028 70.032 84,605 3.762 9.401 418 98,186 128.196 HA Management C0515 66.787 66.787 187.208 Depreciation 45.178 705 11.294 176 57.353 71.162 Purchased Se￿I￿s 26.368 26.922 53,290 8.020 Legal & professional fees 11.337 34.567 47,710 40.979 Fumiture and Fltbngs Costs Printing, Postsge, Stationery and Advertising 42.481 4.453 46,934 62,067 35.267 1.194 8,817 45.576 20,009 Insurance premiums 36.￿ 4.803 41,771 49,741 Subtotal 1.846.386 190,994 355.281 70.481 34.567 2,497,709 2.690.043

GOLEUDY HOUSING AND SUPPORT (A COMPANY UMITEO BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 7 EXPENDITURE ON c￿lTABLE ACTMTES - CHARITY. CoP￿INUED Soclal Houslng a Support Support C¢)sts Gov•man 2022 2021 Re5. TOTAL TOTAL Audit and Accountancy 25.463 25.463 14.442 Vehicles and Travel 17.609 2.579 1.9 22,431 21,279 Training 4.447 6.162 7.541 13.261 17.977 Sundry expenses 8,199 231 2.OYJ 10.537 23,099 Food 9.748 428 10.176 7,949 Investrnent Management Costs 5.382 5.382 3.192 Keys 3.051 Bank charges 1,186 1.186 1.294 Trips and Actiwties 1.209 1.209 576 Volunteer expenses 750 750 Trijstee Expenses Profit on Disposal 310 310 14.614 Bad Oebts 16.9641 6.9641 146.068 1 882318 201 144 366 966 72 366 60 340 2583 134 The support costs and governa￿ costs are fumy charged against Ihe charitys one activity. Swal Housing and Support. 37

GOLEUDY HOUSING AND SUPPORT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2022 8 NET INCOME I {EXPENDThURE) FOR THE YEAR The operating sur1￿US is attriPAttabl& to Ihe principal a¢tsvtrty of the thwity. GROUP AND CHARtrY 2022 2021 Depreciation of properties Depreciation of other tangible fixed assets Auditors rernuneralNJn Audit fee Insurance Operating Leases - Property OpeTalirwJ Leases- Equipment 24,830 32.523 29.017 42.145 8,070 153 7.800 573 15.62S 15,684

GOLEUDY HOUSING AND SUPPORT (A COMPANY UMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2022 9 ANALYSIS OF STAFF COSTS. TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL GROUP AND CHARrrY 2022 2021 Wages and salaries Social security costs Other Pensi￿ costs 1.365.362 95.787 40.338 1.581,542 96,346 43.327 1 501 487 1721215 One empbyee received employee beneffits in excess of £70.￿0. but less than £80.000 during the period 12021: on8 in excess of £60.¢￿. but less than £70.000). The cfganisation made pension contributions for this employee of £4,19012021'. £4.1101. thjring the year. total amounts paid into Pension sthemes by G(Aeudy and rts employees was £85,908 12021.. £88,897). At the year end. Goleudy owed £7.789 to the pen5K)n $chemes12021.. £7.3011. Pen￿On costs are allocated to activitie5 and funds in prwtron to the related staffiry ￿$ts incuryed. The charity trustees were not paid or received any othef benefits from emplo￿nent %ilh the charity in the year (2021.. £nill. No Iruslees received reimbijrsement of travel and subsistence expenses12021.' none}. No charity trustee received pa￿ent for prolessional ￿ other Serm￿ supP￿ed to the charity12021'. £nil). During the year. the group m no payments in ￿lation to employee redundancy12021.. £nil}. Key Management Personnel The key management personnel of the charity. ccrfnprises the trustees. the Chief Executive off￿eT and other members of the Executive Leadership Team. The total employee beneffts of the key managemenl pgrsonnel of the charity wore £317.968 {2021'. £260,312). 39

GOLEUDY HOVSING AND SUPPORT (A COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 10 STAFF NUMBERS The average number empw by the company Yas:_ GROUP AND CHARITY 2022 Numb•r 10 35 2021 Number 12 46 Management Administration and supp 45 58 11 RELATEO PARff TRANSACTIONS During the years to 31 March 2022 and 31 March 2021 no tran&Ktions look place betsveen Goleudy Housing and Support knmited and its wholty ovmed trading subsidiary. Caer Las Trading Limiled. At 31 Marth 2022. debt12021.. £nil) was owed by Caer La5 Trading Limited, lo Goleudy Housing and Support Limited.

GOLEUDY HOUSING AND SUPPORT (A COMPANY UMITED BY GUARANTEE} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 12 TANGIBLE ASSETS- PROPERTIES- GROUP AND CHARtrY Land & 8uildingS Cost At 1 Aprfl 2021 At 31 st March 2022 1.463,508 1,463,508 D•pT•clation Al 1 April 2021 Charge for the year At 31st Mar¢h 2022 661,754 24,830 686,584 N•t Book Amount At 31st March 2022 776,924 At 31 March 2021 801.754 13 TANGIBLE ASSETS- OTHERS- GROUP AND CHARITY Plant & Equipment MotOT Vehicles Database Fixtures & Fittings Total Cost At 1 April 2021 Additions Disposals At 3151 March 2022 83.386 263.971 10.260 195,305 1.800 552,922 1,800 83,386 263.971 10.260 197,105 554.722 Depreclatlon Al 1 April 2021 Charge for the year Elirninaled on Disposal Al 31st March 2022 79.398 3.988 227.92S 12.752 3,848 2.565 165.626 13.218 476.797 32.523 83.386 240.677 6.413 178,844 509,320 N•t book amount At 31st March 2022 23,294 3.847 18.261 45,402 Al 31 March 2021 6.412 29.679 76.125 41

GOLEUDY HOUSING AND SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 14 INVESTMENTS GROUP 2022 2021 Market Value at 1 Awil Addition5 to ￿VeStment al cost Disposa15 at Carrwng Value Net gainlllosses} on revalUat￿n Market Value 31st March 503.043 137.147 1135,479) 22.027 526.738 207.739 284.466 137.6691 48.507 503.043 Cash Account 16.265 15.428 Market Value at 31 March 543,003 518,471 Hlslorical value as at 31 Marth 518471 502 392 CHARITY 2022 2021 Market Value at 1 April Additions lo investment at cost Disposals at Carryr¥J Value Net gainlllossesl on revaluat*)n Market Value 31st March 503.044 137.147 (135.4791 22.027 526,739 207.740 284.466 137,6691 48.507 503,044 Cash Account 16,265 15.428 Market Value at 31 March 543.004 518.472 Historical value as at 31 March 518472 502 393 The charitys inveslmenl at the Ba￿￿8 Sheel date in the share ￿pital of ￿mpanIeS indude the following: Ca•r Las Tradlng Limlt•d Company number. Irbcorporalion date: Nature of business.. Registered office: 09432679 10 February 2015 Sales of donated goods. Customs House. Cambrian PkKe. Swansea, SAI 1RG Class of 5hares= Ordinary A summary of the financial perfomiance and position of Caer Las Trading Limited ts included in Notes 4 and 6. The company ceased trading in December 2019. % HoldiNJ 100 42

GOLEUDY HOUSING AND SUPPORT {A COMPANY UMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 15 DEBTORS GROUP ANO CHARITY 2022 2021 Duo withln one y•ar Trade debtors Rent receivable Acuued income and prepa￿ents 34,808 79,653 235,473 109,9)0 50,744 239.700 349.934 400.344 16 CREDITORS GROUP AND CHARITY 2022 2021 Amounts falling duo wlthln one ye Ac¢ruals and d&ferTed income Trade creditors s￿la1 security arKI taxes Other c￿drtOrS Pension creditor 736.137 61,397 27.￿2 728,616 79,747 23,007 26 7,301 7.7W) 833,226 838.697 43

GOLEUDY HOUSING AND SUPPORT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 17 DEFERRED INCOME - GROUP AND CHARITY 2022 2021 At 1 April Al 31 March 786.204 786,204 786,204 786,204 At 1 Aprtl Released against Capital funds At 31 March 485.354 11.780 473.574 11,780 497.134 485.354 Balance at 31 March 289.070 300.850 Deferred income represents historical capital grants. The yah￿ of the grant is anortised ove¥ the lrfe of the asset. Contsined in knals and Deferred Income is deferred wtLXJne tolalling £28.61312021: £44.5521. Deferred income relates to performance ￿lated grant funlthng received Mi advance aThJ which rdates lo fvture financial periods. 2022 2021 Balan¢& brought fortvard Income received in the 44,552 158.715 1174,6541 28,613 105.004 405,791 1466,2431 44,552 Released to income Balance as at 31 March

GOLEUDY HOUSING AND SUPPORT (A COMPANY LWITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 18 ANALYSIS OF CHARITABLE FUNDS Analysls of Movement In Unrnstricted Funds GROUP Balanc• 1 April 2021 Incornlng Resouros Resour￿$ Not gains I Expended (losses) on Inv•stm•nts Transfors Balan¢0 31 March 2022 General Fund 801.560 2.536.763 {2.309.660) 22.026 1717.7771 332.912 Designated propety asset fund 296.624 11,780 308.404 Designated purposes fund 896,327 717.777 1.614,104 1994511 2 255 420 CHARITY 8alance 1 Aprll 2021 Incomlng R•sources Resource5 Net gains I Exp•nded {lossesl on iTrvestrnents Tran5fews Balanco 31 March 2022 General Fund 801.331 2.536.763 {2,309.624) 22.026 1717.777} 332.719 Designated property assot fU￿j 296.624 11.780 308,404 Designated purposes fund 896,327 717.777 1,614,104 2 536 763 2 25S 227 Nama of Unrestrlcted lund Descrlptlon. purpose and natuwo of the fund General lund The General Fund represents unreslricted funds which have not been designated against a parb"culaT pufF*)se and may b& used generalty to further Ihe thariVs objects. The value of unrestricted lunds represented by the tangible fixed assets owned and used by the charity on an On￿oing basis lo carry out its charitable objects. Designalgd property asset fund Deswwaled purposes fund This includes provisions for short temi business development costs. asset invesknont and ￿ntingenC￿S for operational and management costs. £717.777 vras added into the designaled purposes fund lo recognise the value of fu￿re investrnents agreed in the year.

GOLEUDY HOUSING AND SUPPORT (A COMPANY LIMITED BY GUARANTEEI MOTES TO THE FINATrICIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2022 18 ANALYSIS OF CHARITABLE FUNDS- CONTINUED Comparatlve AnalysSs of Movement In Unr•strlct•d Funds GROUP Balanc• Incomlng 1 April 2020 Rosour¢e$ R•sourc•s Net galfts I Expended (losses) on investm•nts Transfers Balance 31 Mar¢h 2021 General Fund 260.967 2.724.123 {2.628.0541 48.507 396.017 801,$60 Oestgnated property asset fund 552.543 {255.9191 296,624 Designated purFK15es fund 1.024.645 {128.3181 896.327 1838 155 2724 123 2 628 054 1994511 CHARITY Balan¢• Incoming 1 April 2020 Resources Resources Net gains l Transf•rs Expended {k*ssesl on investrnents Balanct 31 Mar¢h 2021 General Fund 260.741 2.724.123 12.628.057) 48.507 396.017 801.331 Designated propety ass&t 552.543 1255,919) 296,624 Designated purposes fund 1.024.645 {128.318) 896.327 1837 929 2724 123 2 628 057

GOLEVDY HOVSING AND SUPPORT (A COMPANY UMITED BY GUARANTEE} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 18 ANALYSIS OF CHARITABLE FUNDS- CONTINUED Analysls of Movement ln Restricted Funds GROUP 8alance 1 April 2021 Incomlng Resources Resourcos Transfers Expended Balance 31 M•r¢h 2022 Capitsl Funds 505.130 111.7801 493,350 Restricted General Fund¢ 152.878 329.435 (273.5101 208,803 329 435 273510 702 153 CHARITY Balan¢e 1 April 2021 Incoming R¢sources Resoure•s Exp¢nd¢d Trnn$f•rs 8alan¢e 31 March 2022 Capital Funds 505.130 111.780) 493.350 Restricted General Fund< 152.n8 329.435 {273,510) 208.663 273510 702013 Nam• of Restrkted fund Descriptlon. Puq>os• and natur• of the fund Capital Funds Reslrided Capitsl Funds represents capilal grants and funds previously received in fespect of the ￿habi1•￿tIOn of owned propertses and We￿ solely for ￿S purpose. Restrthd General Funds The Restricted General Fund represents fijnds whith have been generated from restricled income. The use of thi5 fund is ￿striCted lo the purposes set out by the funder. 47

GOLEUDY HOUSING ANO SUPPORT {A COMPANY UMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 18 ANALYSIS OF CHAR￿ABLE FUNDS- CONTINUEO Comparatfve Analysis of Movement in Restricl•d Funds for tho year •nd•d 31 IAarch 2021 GROUP Balancè 1 April 2020 Incomlng R•sourc•s Resources Expended Tran$f•rs Balanc8 31 March 2021 Captsl Fun(Js 516.910 111.7801 505.130 RestrKted General Fund¢ 87.703 380,705 {315.530) 152.878 604613 315 530 CHARITY Balance Ineomlng 1 Awil 2020 R•sources Resources Expend•d Transfers 8alan¢e 31 March 2021 Capitsl Funds 516.910 {11.7801 505.130 Restr¢ted General Fun 87.563 380,70S (315.530) 152,738 657 868 19 ANALYSIS OF MET ASSETS BETWEEN FUNDS GROUP General Fund$ De$ignat•d Funds R•strict•d Funds Total 31 March 2022 Tangible Fixed Assets Investmenls Cash at Bank and In Hand Other net currenl assets l {IrablI￿a5) 20.572 308.404 543.003 1.071.101 493,350 822.326 543,003 2.075.536 1483.2921 795.632 1483.292) 208.803 702 153 2 957 573 CHARffY Genernl Funds Dèslgnat•d Funds Rostricted Funds Totsl 31 March 2022 Tangib￿ Fixe¢J Assets Imiestmenls Cash al Bank and In Hand Other nel CLtrrenl assets I Iliabiliti"es) 20.572 308.404 543.003 1.071,101 493.350 822.326 543,004 2.075.202 1483.2921 795.438 {483.292) 208.663 1 922 S08 702 013 2 957 240

GOLEUDY HOUSING AND SUPPORT (A COMPANY UMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2C122 19 ANALYSIS OF ASSETS BEtWEEN FUNOS - CONTINUED Comparatlv• analysis of n•1 a$s•ts betw•w funds for th• y•ar •nded 31 March 2021 GROUP General Funds signated Funds Restricted Funds Total 31 Mar¢h 2021 Tangibk Fixed Assets Investments Cash at Bank and In HarKI Other net ojrrent assets I Iliabtlilies) 76.125 296,624 518,471 377,856 505.130 871.879 518.471 1,694,522 1438.353) 1.163.788 {438.353) 152,878 1 192951 2652519 CHARITY GeneAI Funds D¢slgnated Re$trfctsd Funds Fund$ Total 31 March 2021 Tangible Fixed Assets Investments Cash at Bank and In HarK1 Other net currenl assets l (la￿'lIbe$) 76.125 296,624 518.471 377.856 505.130 877.879 518,472 1,694.152 1438.3531 1.163.558 (438.353) 152.738 1 192 951 657 868 2652 150 2rJ FINANCIAL INSTRUMENTS GROUP 2022 21)21 Carrying amount of financial assets Dèbt instruments measured at aMor￿"Sed cost 2 189997 Carrying arnount of finan¢ial liabilitles Measured at aM0￿'sed cost CHARITY 2022 2021 Carrylng arnount of finandal assets Debt instruments measured at fair value Debt instruments measured al amorlised cost 2 189663 1854 796 Carrylng amount of financlal Ilabllrtles Measured al amortised cost 49

GOLEUDY HOUSING AND SUPPORT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2022 21 OPERATING LEASE COMMITMENTS The followng operating lease payTnents are oynmitted to beiry Pa￿1. GROUP AND CHARITY Expiring in less than 1 year Expiring In 2 to 5 yoar5 Totsl 2022 Land and Buildings and other 17.244 21,832 39,076 Total 17.244 21,832 39,076 22 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES GROUP 2022 2021 Net income for the year las per the Statement of Financial Actiwlies) Depreciation charges Loss I (Profit) on disposal Intgrest from investmenis Investment management costs recc*Jni5ed in investment value Revaluation of Investment Dec￿ase in debtors In¢rea$e I Id8cr8ase) in creditors 305,054 57,353 209.7S1 71,182 14.614 15,9141 3.192 148,5071 175,232 206,674 17.9921 5,382 {22,0261 50.410 15.4711 Net cash provided by operating activities 382.710 626,204 Analysls ol Cash and Cash Equivalents 2022 2021 Cash in hand 2.075.536 1.694.522 Total Cash and Cash Equival•nts 2 075 536 1 694 522 23 CAPITAL COMMITMENTS The organisation has capital commitments of £47,415 relatr& to the creats.on of a cli8nt training kitchen at our Customs House project space.