IRIS Accounts Production v25.4.0.155 Other Company accounts True false Pounds 1.4.24 31.3.25 31.3.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 14111464 2024-03-31 14111464 2025-03-31 14111464 2024-04-01 2025-03-31 14111464 2023-03-31 14111464 2023-04-01 2024-03-31 14111464 2024-03-31 14111464 ns0:CharitableCompanyLimitedByGuarantee 2024-04-01 2025-03-31 14111464 ns15:PoundSterling 2024-04-01 2025-03-31 14111464 ns11:FRS102 2024-04-01 2025-03-31 14111464 ns0:IndependentExaminationCharity 2024-04-01 2025-03-31 14111464 ns11:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14111464 ns11:FullAccounts 2024-04-01 2025-03-31 14111464 ns0:CharitiesSORP 2024-04-01 2025-03-31 14111464 ns16:EnglandWales 2024-04-01 2025-03-31 14111464 ns11:RegisteredOffice 2024-04-01 2025-03-31 14111464 ns0:Trustee1 2024-04-01 2025-03-31 14111464 ns0:Trustee2 2024-04-01 2025-03-31 14111464 ns0:Trustee3 2024-04-01 2025-03-31 14111464 ns0:Trustee4 2024-04-01 2025-03-31 14111464 ns11:CompanySecretary1 2024-04-01 2025-03-31 14111464 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 14111464 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 14111464 ns0:Activity8 2024-04-01 2025-03-31 14111464 ns0:Activity8 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 14111464 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 14111464 ns0:Activity8 2023-04-01 2024-03-31 14111464 ns0:TotalUnrestrictedFunds 2024-03-31 14111464 ns0:TotalRestrictedIncomeFunds 2024-03-31 14111464 ns0:TotalUnrestrictedFunds 2025-03-31 14111464 ns0:TotalRestrictedIncomeFunds 2025-03-31 14111464 ns0:TotalUnrestrictedFunds ns10:WithinOneYear 2025-03-31 14111464 ns0:TotalRestrictedIncomeFunds ns10:WithinOneYear 2025-03-31 14111464 ns10:WithinOneYear 2025-03-31 14111464 ns10:WithinOneYear 2024-03-31 14111464 ns10:PlantMachinery 2024-04-01 2025-03-31 14111464 2 2024-04-01 2025-03-31 14111464 3 2024-04-01 2025-03-31 14111464 ns10:OwnedAssets 2024-04-01 2025-03-31 14111464 ns10:OwnedAssets 2023-04-01 2024-03-31 14111464 ns0:TotalUnrestrictedFunds 2023-04-01 2024-03-31 14111464 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 14111464 ns10:PlantMachinery 2024-03-31 14111464 ns10:PlantMachinery 2025-03-31 14111464 ns10:PlantMachinery 2024-03-31

REGISTERED COMPANY NUMBER: 14111464 (England and Wales)

REGISTERED CHARITY NUMBER: 1209241

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WAHWN LIMITED

| WAHWN LIMITED |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

| Page |

| Report of the Trustees | 1 |  | to |  | 2

| Independent Examiner's Report | 3 |

| Statement of Financial Activities | 4 |

| Balance Sheet | 5 |

| Notes to the Financial Statements | 6 |  | to |  | 9

| WAHWN LIMITED (REGISTERED NUMBER: 14111464) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The company started the year as a not for profit company limited by guarantee. On the 22nd July 2024 the company changed its status to an incorporated charity. Due to the changes made no comparative balances have been entered in the accounts as during 2024 WAHWN Ltd was not a charity.

The promotion and preservation of good health for the public benefit in Wales through the use of the arts, in particular but not exclusively by promoting greater awareness of the benefits of the arts in promoting health, and

providing advocacy, research, training, information and resources to support health and arts professionals carrying out such work.

Aims/Mission

- |  | To support, develop and research arts and health practice in Wales. This builds on our established networks, which extend beyond our members, and reach health service leadership and key planning forums such as Welsh Government's Cross-Party Group on Arts and Health. Through our mission we seek to: |

- |  | Connect and empower change makers across Wales' arts and health ecology. |

- |  | Build political traction to support the transformative power of the arts and creativity for health and wellbeing. |

- |  | Champion and support creative innovation to transform healthcare systems in Wales. |

- |  | Grow the resilience and impact of arts organisations and artists delivering artistic work which aligns with health and wellbeing outcomes |

Significant activities

During the year, the charity delivered a range of impactful programmes and activities, including:

- |  | How Ya Doing? - Strategies for Wellbeing - supporting 12 organisations to develop robust wellbeing strategies and practices |

- |  | 10 x Go and See bursaries awarded to underrepresented practitioners |

- |  | 10 strategic network meetings - including supporting members to feedback on Wellbeing of Future Generations Office 10 year report and help shape recommendations for Welsh Government |

- |  | 21 peer learning group sessions - 196 attendances and 80% positive feedback |

- |  | Contributing to 3 x conferences - Welsh NHS Confederation; Public Health Wales 'Hapus' events and Wellbeing Economy Festival of Ideas |

Public benefit

The trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. All activities undertaken during the year were designed to deliver tangible public benefit, including improved mental health and wellbeing.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The following achievements were made during the year:

- |  | Securing multi-year funding from the Arts Council of Wales |

- |  | Securing a 2-year grant for How Ya Doing? practitioner wellbeing programme from The Baring Foundation. |

- |  | Cynnig Cymraeg (Welsh Offer) approved by Welsh Language Commissioner |

- |  | 100% of social media posts bilingual |

- |  | Public Health Wales confirmed as WEAVE conference sponsor for 2025 |

- |  | Arts & Business Cymru 'CultureStep' support secured for WEAVE conference |

FINANCIAL REVIEW

Financial position

The charity remains in a stable financial position. Total income for the year was £222,134, with expenditure of £188,652. The surplus will be carried forward to support future programme delivery. The trustees continue to monitor financial performance closely and are focused on building £25,000 reserves representing 3 months operating costs.

Going concern

The trustees consider the charity to be a going concern. We have secured funding commitments for the next financial year and have robust plans in place to diversify income streams and manage costs effectively.

| WAHWN LIMITED (REGISTERED NUMBER: 14111464) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

FUTURE PLANS

- |  | Deliver 'Weave' national arts and health conference in partnership with Betsi Cadwaladr University Health Board and Wrexham University |

- |  | Deliver creative health market places in 7 health board regions |

- |  | Work in partnership with the Wellcome Trust and University of South Wales on Discovery Research programme |

- |  | Deliver Stepping In - creative workforce diversity programme |

- |  | Work in partnership with Public Health Wales and Wellbeing of Future Generations Office on an AHRC Co Lab Policy Network programme |

- |  | Represent the sector at quarterly Welsh Government Cross Party Group on Arts and Health meetings |

STRUCTURE, GOVERNANCE AND MANAGEMENT

Management and governance

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

WAHWN Limited Trustee Directors are responsible for the strategic direction of the charity and they delegate executive functions to Angela Elliott (Executive Director) and Rebecca Collins (Programme Officer).

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

14111464 (England and Wales)

Registered Charity number

1209241

Registered office

34 Dewing Avenue

Manorbier

Tenby

SA70 7TS

Trustees

Justine Elizabeth Wheatley Chair

Jain Elizabeth Boon

Sarah Nicole Goodey

Gwenno Eleri Jones

Company Secretary

Angela Eliott

Independent Examiner

Bevan Buckland LLP

Chartered Accountants

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

Approved by order of the board of trustees on 20 October 2025 and signed on its behalf by:

Justine Elizabeth Wheatley - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

WAHWN LIMITED

Independent examiner's report to the trustees of Wahwn Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. | the accounts do not accord with those records; or

3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Caroline J Wheeler

The Institute of Chartered Accountants in England and Wales

Bevan Buckland LLP

Chartered Accountants

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

Date: .............................................

| WAHWN LIMITED |

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2025

| 2025 |  | 2024

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | fund |  | funds |  | funds

| Notes | £ | £ | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 2 | - |  | 210,550 |  | 210,550 |  | - |

Other trading activities | 3 | 11,584 |  | - |  | 11,584 |  | - |

Total | 11,584 |  | 210,550 |  | 222,134 |  | - |

EXPENDITURE ON

Raising funds | - |  | 132,682 |  | 132,682 |  | - |

Charitable activities

Delivery of the charities objects | 4,465 |  | 51,505 |  | 55,970 |  | - |

Total | 4,465 |  | 184,187 |  | 188,652 |  | - |

NET INCOME | 7,119 |  | 26,363 |  | 33,482 |  | - |

RECONCILIATION OF FUNDS

Total funds brought forward | 10,295 |  | - |  | 10,295 |  | 10,295 |

TOTAL FUNDS CARRIED FORWARD | 17,414 |  | 26,363 |  | 43,777 |  | 10,295 |

| WAHWN LIMITED (REGISTERED NUMBER: 14111464) |

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | fund |  | funds |  | funds

| Notes | £ | £ | £ | £ |

FIXED ASSETS |

Tangible assets | 8 | 774 |  | - |  | 774 |  | 131 |

CURRENT ASSETS |

Debtors | 9 | 145 |  | - |  | 145 |  | 1,860 |

Cash at bank | 19,576 |  | 28,209 |  | 47,785 |  | 35,106 |

19,721 |  | 28,209 |  | 47,930 |  | 36,966 |

CREDITORS |

Amounts falling due within one year | 10 | (3,081 | ) | (1,846 | ) | (4,927 | ) | (26,802 | )

NET CURRENT ASSETS | 16,640 |  | 26,363 |  | 43,003 |  | 10,164 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 17,414 |  | 26,363 |  | 43,777 |  | 10,295 |

NET ASSETS | 17,414 |  | 26,363 |  | 43,777 |  | 10,295 |

FUNDS | 11

Unrestricted funds | 17,414 |  | 10,295 |

Restricted funds | 26,363 |  | - |

TOTAL FUNDS | 43,777 |  | 10,295 |

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 20 October 2025 and were signed on its behalf by:

Justine Elizabeth Wheatley - Trustee

| WAHWN LIMITED |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Income

| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

| Expenditure

| Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Equipment | - | 33% on cost

| Taxation

| The charity is exempt from corporation tax on its charitable activities.

| Fund accounting

| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

| Pension costs and other post-retirement benefits

| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

| Grant income

| Revenue grants are recorded at the date they are received and capital grants are released in line with the expected useful life of the related asset.

2. | DONATIONS AND LEGACIES

| 2025 |  | 2024

£ | £ |

| Grants | 210,550 |  | - |  |

| Grants received, included in the above, are as follows:

| 2025 |  | 2024

£ | £ |

| Art Council of Wales | 179,925 |  | - |  |

| The Baring Foundation | 30,625 |  | - |  |

210,550 |  | - |  |

| WAHWN LIMITED |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | OTHER TRADING ACTIVITIES

| 2025 |  | 2024

£ | £ |

| Training income | 3,564 |  | - |  |

| Partnership income | 6,220 |  | - |  |

| Consultancy income | 1,800 |  | - |  |

11,584 |  | - |  |

4. | NET INCOME/(EXPENDITURE)

| Net income/(expenditure) is stated after charging/(crediting): |

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | 421 |  | 64 |  |

5. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

| Trustees' expenses

| During the period under review the following amounts were paid to the Trustees:

|  | Total Amount |  | Outstanding at Year End |  |

|  | £ |  | £ |  |

| Mrs J E Boon |  | Artist Expenses |  | 2,980 |  | 300 |  |

| Mrs J E Wheatley |  | Artist Expenses |  | 1,400 |  | Nil |  |

| Mrs S Goodey |  | Artist Expenses |  | 83 |  | Nil |  |

6. | STAFF COSTS

| The average monthly number of employees during the year was as follows:

| 2025 |  | 2024

| Full time and part time employees | 1 |  | - |  |

| No employees received emoluments in excess of £60,000.

7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted |  | Restricted |  | Total

| fund |  | fund |  | funds

£ | £ | £ |

| NET INCOME | - |  | - |  | - |

| RECONCILIATION OF FUNDS

| Total funds brought forward | 10,295 |  | - |  | 10,295 |

| TOTAL FUNDS CARRIED FORWARD | 10,295 |  | - |  | 10,295 |

| WAHWN LIMITED |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

8. | TANGIBLE FIXED ASSETS

| Equipment

£ |

| COST

| At 1 April 2024 | 195 |  |

| Additions | 1,064 |  |

| At 31 March 2025 | 1,259 |  |

| DEPRECIATION

| At 1 April 2024 | 64 |  |

| Charge for year | 421 |  |

| At 31 March 2025 | 485 |  |

| NET BOOK VALUE

| At 31 March 2025 | 774 |  |

| At 31 March 2024 | 131 |  |

9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Trade debtors | 145 |  | 1,408 |  |

| Prepayments | - |  | 452 |  |

145 |  | 1,860 |  |

10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Trade creditors | 1,846 |  | 905 |  |

| Tax | - |  | 325 |  |

| Social security and other taxes | 768 |  | - |  |

| Other creditors | 273 |  | - |  |

| Income received in advance | - |  | 23,562 |  |

| Accrued expenses | 2,040 |  | 2,010 |  |

4,927 |  | 26,802 |  |

11. | MOVEMENT IN FUNDS

| Net |  |

| movement |  | At |

| At 1.4.24 |  | in funds |  | 31.3.25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 10,295 |  | 7,119 |  | 17,414 |  |

| Restricted funds

| Restricted fund | - |  | 26,363 |  | 26,363 |  |

| TOTAL FUNDS | 10,295 |  | 33,482 |  | 43,777 |  |

| WAHWN LIMITED |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

11. | MOVEMENT IN FUNDS - continued

| Net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 11,584 |  | (4,465 | ) | 7,119 |  |

| Restricted funds

| Restricted fund | 210,550 |  | (184,187 | ) | 26,363 |  |

| TOTAL FUNDS | 222,134 |  | (188,652 | ) | 33,482 |  |

12. | RELATED PARTY DISCLOSURES

| All transactions with trustees are included in note 5.

13. | PRE CHARITABLE STATUS TRADING

| On the 14th June 2024 the company changed its status from a company limited by guarantee to a charity. During the period from the 1st April 2024 - 14th June 2024 the following transactions occurred:

| £ |  |

| Turnover including grant income |  | 102,002 |  |

| Expenses |  | 67,274 |  |

| Profit donated to the company under gift aid rules |  | 34,728 |  |