Bridgend And District Resource For Child - Charities report

REGISTERED COMPANY NUMBER: 02957667 (England and Wales)

REGISTERED CHARITY NUMBER: 1040818

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BRIDGEND AND DISTRICT RESOURCE FOR

CHILDREN WITH DISABILITIES

Page

Report of the Trustees

1

to

5

Independent Examiner's Report

6

Statement of Financial Activities

7

Balance Sheet

8

to

9

Notes to the Financial Statements

10

to

23

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).

For the purpose of this report the organisation is also referred to by its trading name of 'Y Bont'.

OBJECTIVES AND ACTIVITIES

Objectives and aims

According to Bridgend and District Resource for Children with Disabilities' Memorandum of Association, the organisation's objectives shall be:

- To relieve children with learning, physical or sensory disabilities and to advance the educational and physical development of the said children;

- To support parents, carers and families of the said children; to have their rights respected; and to achieve their full potential as integrated members of their community;

- Y Bont's Mission Statement is: "Enabling children with a disability to fulfill their potential".

Y Bont aims to provide specialist care and support to families with children with a disability by: Constantly monitoring and evaluating services we provide and identify how they can be improved; Reinforcing our links with relevant agencies and organisations;

Working towards making our financial situation stronger to ensure Y Bont's longer term existence; Developing our marketing strategy; making the organisation and its philosophy as widely know as possible;

Developing our staff with a view to benefitting and developing ourselves individually, and as a result benefitting the organisation;

Developing our volunteer structure; ensuring the best possible support and assistance for our staff and their families

Public benefit

We have referred to the guidance contained in the Charity Commissions' general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

ACHIEVEMENTS AND PERFORMANCE

Main Activites for the Year

The primary beneficiaries for our charity continue to be children with disabilities, neurodiversities, complex medical conditions and/or additional need aged 0-12 years and their families.

Y Bont is currently registered to support 24 disabled children at any one time (aged 0-12) with the Care Inspector of Wales (CIW). The number of referrals from practitioners and self-referral by parents/carers has remained consistently high resulting in a rising number of disabled children requesting child-care sessions with a total 167 children and families accessing the Y Bont nursery in the year.

Y Bont runs 3 main services;

" A Day nursery for children aged 0-5yrs during school term times

" An Out of School Holiday Club for school Holiday periods for children aged 5-12yrs

" An Out of school After School Club for children aged 5-12yrs

We have responded to increasing pressures from a rising demand from our services by reviewing and refining the way we work to achieve the best outcomes for the children and their families. We have increased our maximum number from 18 to 24. The passion and dedication of our team has been key in all that we have achieved this year and shows just how much Y Bont cares about making a difference.

Our focus remains on providing a high quality learning and play environment which supports the children's individual needs. The support is tailored to respond to each individual child and families needs, from specialised day care, to a tailored Holiday club and respite for parents and carers. During the year we have engaged with more than 170 children and families across a range of services, helping them to increase their confidence and self esteem whilst helping them to reach their full potential.

During the financial year, 39% of our income came from a range of fundraising activities, trusts, grants and donations. Children supported by our service have complex needs due to disabilities or illness with many requiring intensive support and one-to-one care provision.

In September 2024, for the tenth academic year, we supported the local authority education directorate by providing day care placements for 12 children that could not be offered a suitable school place to capacity and placement issues. Y Bont advocate on behalf of the families to ensure that children received an education package consistent with their peers at school. Through this agreement with the local authority we are able to provide an appropriate environment for the children to learn and play, in preparation for further learning. This supports personal development and ensures that children are not left behind without the early intervention and level of individual attention needed at this key stage of their development.

Staff and organisation

The key management personnel structure is as follows:

- Chief Executive Officer

- Business and Finance Manager

-Setting Manager

- Deputy Setting Manager

-ALNco

A wide and varied range of staff training and development was undertaken by all staff to comply with minimum standard, maintain continuing professional development and fulfil Y Bont's commitment to retain a highly skilled and competent workforce.

Some of the training was provided by the Local Authority, BAVO, Clybiau Plant Cymru, National Day Nursery Association, , BCBC Childcare Team, Foundation Phase Team & Flying Start, Early Help, The Learning Disabilities team, Community nursing and paediatric teams, physiotherapists, Occupational Therapists, Speech and language therapists alongside other medical professionals.

Partnership Working

At Y Bont we believe that in order to truly meet the needs of the children and families we support it is crucial that we continue to collaborate effectively with key stakeholders at a local, regional and national level. This includes a regular representation at operational and strategic partnership meetings: ASD Strategy Forum; Bridgend Equalities Forum; Flying Start Professionals Group; Regional/Local Health Social Care and Well-Being Groups; Third Sector Strategic Group, and NHS community and pediatric teams across Bridgend County.

Y Bont continues to support families in a range of ways through our purpose-built facilities, offering information, practical social and emotional support.

Effective, robust, multi-agency working is fundamental element of Y Bont's successful delivery model, we work closely with practitioners from Health, Education, Flying Start, Social Services and the voluntary sector to ensure that beneficiaries are given the best service. Y Bont acts as a multi-agency hub and is used by the wider community for meetings with families, and workshops are delivered to help families understand and meet their child's needs, such as toileting and sleep clinic.

Organisations that we work closely with operationally include Bridgend Carers Centre, Bridgend College, Heronsbridge School, Local observation classes, The Local Authority Early Years and ALN team and Educational Psychologists.

Corporate Sponsors

We are very fortunate to have continued to receive a high level of support from many community and corporate partners.These sponsors provide support through many different means including donations, supply of free goods or services, use of facilities or just promoting the charity generally. These sponsors including,Riverside Electrical, Barclays Bank, Bridge FM, Cowbridge & Bridgend Rotary Club, Lions Club, Sian Thomas, Daughter & Son Solicitors, St James Palace, South Wales Police, Tesco, Tondu Wheelers, local schools and many more.

Student Placements

In addition to disabled children and their families, Y Bont's beneficiaries include the volunteers, students and work experience school pupils. Y Bont has previously helped equip local people, comprising individuals from across the Bridgend County Borough including those from the most deprived communities, to progress with career and educational attainments. We have many students come to work with us from universities and colleges across south wales and we welcome them with open arms.

Events and Trips

Some of this years programmed activities included the following:

- Luminate

-Maesteg Town Hall

- Jump Jam/ soft play

- Local parks and outdoor play areas

Visitors are always welcome at Y Bont and we often receive visits from local schools, companies, and many others during the course of the year.

Y Bont continues to support events organised by BAVO, Bridgend Carer's Centre and Bridgend College to promote our organisation and attract volunteers and supporters. We also held a number of fundraising activities within Y Bont to support other charities including Children In Need and Red Nose Day for Comic Relief.

FINANCIAL REVIEW

Financial position

The charity made a deficit of £128,092 for the period compared to the period of £119,789 deficit.. During the year the charity's incoming resources increased from £297,258 to £305,117.

Grant income overall at £57,937 has reduced on the prior year of £131,098.

At the year end the funds of the charity were £126,786 compared to the prior year of £254,878 including

£845 of unrestricted cash ( 2024: £94,311).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

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.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purpose of charity law. The trustees seek to ensure that the needs of the charity are appropriately reflected through the diversity of its Board. Trustees are recruited via advertising and are interviewed by existing trustees under the charity's recruitment procedures.

Organisational structure

The charity is administered by the Board of Trustees, who meet on a bi-monthly basis. The Memorandum and Articles of Association are the governing documents of the charity. The day to day operations of the charity are delegated to the charity CEO.

Induction and training of new trustees

New trustees will receive an induction pack, a handbook with all the policies and procedures adopted by the Board and an induction.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02957667 (England and Wales)

Registered Charity number

1040818

Registered office

Y Bont

Ewenny Road

Bridgend

Mid Glamorgan

CF31 3HT

Trustees

B Roderick

S Stephen

A J Minton

J Manley

Independent Examiner

Stephen Anthony Griffiths FCCA

DAVID WRIGHT ACCOUNTANTS LIMITED

Unit 10

Bridgend Business Park

Bennett Street

Bridgend

Glamorgan

CF31 3SH

CEO

S Jones

Approved by order of the board of trustees on 16 December 2025 and signed on its behalf by:

B Roderick - Trustee

Independent examiner's report to the trustees of Bridgend And District Resource For Children With Disabilities ('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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

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.

Stephen Anthony Griffiths FCCA

The Association of Chartered Certified Accountants

DAVID WRIGHT ACCOUNTANTS LIMITED

Unit 10

Bridgend Business Park

Bennett Street

Bridgend

Glamorgan

CF31 3SH

16 December 2025

31/3/25

31/3/24

Unrestricted

Restricted

Total

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

54,507

-

54,507

55,528

Charitable activities

Fees

183,938

-

183,938

104,923

Fundraising

7,535

-

7,535

3,814

Grants

23,645

34,292

57,937

130,922

Other trading activities

2

470

-

470

475

Investment income

3

730

-

730

1,596

Total

270,825

34,292

305,117

297,258

EXPENDITURE ON

Raising funds

30

-

30

-

Charitable activities

4

Grants

19,205

34,292

53,497

1

Core running costs

301,780

77,902

379,682

417,046

Total

321,015

112,194

433,209

417,047

NET INCOME/(EXPENDITURE)

(50,190

)

(77,902

)

(128,092

)

(119,789

)

RECONCILIATION OF FUNDS

Total funds brought forward

171,747

83,131

254,878

374,667

TOTAL FUNDS CARRIED FORWARD

121,557

5,229

126,786

254,878

31/3/25

31/3/24

Unrestricted

Restricted

Total

funds

Notes

£

FIXED ASSETS

Tangible assets

10

133,174

5,229

138,403

149,814

CURRENT ASSETS

Debtors

11

21,231

-

21,231

25,172

Cash at bank and in hand

845

9,275

10,120

176,421

22,076

9,275

31,351

201,593

CREDITORS

Amounts falling due within one year

12

(33,694

)

(9,274

)

(42,968

)

(96,529

)

NET CURRENT ASSETS

(11,618

)

1

(11,617

)

105,064

TOTAL ASSETS LESS CURRENT LIABILITIES

121,556

5,230

126,786

254,878

NET ASSETS

121,556

5,230

126,786

254,878

FUNDS

15

Unrestricted funds

121,556

171,747

Restricted funds

5,230

83,131

TOTAL FUNDS

126,786

254,878

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 special provisions applicable to small charitable companies subject to the small companies regime .

The financial statements were approved by the Board of Trustees and authorised for issue on 16 December 2025 and were signed on its behalf by:

B Roderick - Trustee

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.

Although the charity has received indications that some local government grants will not be renewed in coming financial years, the charity has sufficient financial resources available for the foreseeable future. Accordingly the accounts are prepared on a going concern basis.

The key accounting estimates used in the preparation of the accounts are:

- the estimated useful life of fixed assets

- recoverability of debts

- certainty of entitlement of potential grants with conditional terms.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Donations and legacies are recognised at the point of receipt.

Income from fees, fundraising and trading activities consists of income received in exchange for the supply of goods and services in order to raise funds and is recognised when entitlement has occurred.

Revenue grants credited to unrestricted funds are to be used as the discretion of the directors and trustees in furtherance of the objectives of the charity. Revenue grants credited to restricted funds are to be used for specific purposes as laid down by the donor.

Government grants, such as some local authority grants, for the general support of the charity are credited to income as entitlement occurs. Government grants, such as furlough grants, to compensate for specific costs incurred are credited to income to match costs charged in the same period.

Investment income includes interest received which is recognised on receipt.

No amount is included in the financial statements for volunteer time in line with the SORP.

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.

Support costs

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include governance costs consisting of accountancy, legal and professional fees. They are incurred directly in support of expenditure on the objects of the charity.

.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% 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.

Leasing

Rentals payable under operating leases are included within expenditure over the lease term.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of less than one year.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

2.	OTHER TRADING ACTIVITIES

31/3/25

31/3/24

£

Room hire

470

475

3.	INVESTMENT INCOME

31/3/25

31/3/24

£

Deposit account interest

730

1,596

4.	CHARITABLE ACTIVITIES COSTS

Support

Direct

costs (see

Costs

note 5)

Totals

£

Grants

52,957

540

53,497

Core running costs

256,884

122,798

379,682

309,841

123,338

433,179

Direct costs £

Support costs

& ( see note 6

)

Totals

Core running costs

5.	SUPPORT COSTS

Governance

Management

Finance

costs

Totals

£

Grants

-

540

Core running costs

116,393

768

5,637

122,798

116,393

768

6,177

123,338

Support costs, included in the above, are as follows:

31/3/25

31/3/24

Core

running

Total

Grants

costs

activities

£

Wages

-

103,808

67,015

Social security

-

9,903

6,484

Pensions

-

2,682

476

Bank charges

-

768

344

Accountancy fees

540

3,010

3,550

4,086

Payroll fees

-

2,160

Recruitment costs

-

467

1,792

540

122,798

123,338

82,357

6.	NET INCOME/(EXPENDITURE)

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

31/3/25

31/3/24

£

Depreciation - owned assets

13,117

24,445

Independent Examination Fee ( including VAT)

3,300

3,780

Independent Examiner other services ( including VAT)

2,410

2,466

Operating lease rentals

1,099

996

Local government support grants

(20,691

)

(21,737

)

Local government grants consist of various grants from local authorities and the Welsh government to support both the general running of the charity and specific projects as summarised in note 15.

7.	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

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

8.

STAFF

The key management personnel of the charity comprise of the trustees, Operations Manager, Business & Finance Manager, Childcare & Learning Co-ordinator and the Children's Outreach Worker. The total employee benefits (including salary, employers national insurance, pension and benefits in kind) of the key management personnel of the charity were £116,393 (2024: £73,975).

Total staff costs,comprise:

2025£

2024£

Gross wages and salaries

332.554

296,813

Employer's National Insurance

17,625

15,392

Employer's pension contributions

13,535

9,307

Total

363,714

321,512

The average number of employees during the year was 23 (2024: 19).

No individual earned more than £60,000 in the period (2024 : none).

9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

55,528

-

55,528

Charitable activities

Fees

104,923

-

104,923

Fundraising

3,814

-

3,814

Grants

30,822

100,100

130,922

Other trading activities

475

-

475

Investment income

1,596

-

1,596

Total

197,158

100,100

297,258

EXPENDITURE ON

Charitable activities

Grants

-

1

Core running costs

301,608

115,438

417,046

Total

301,608

115,439

417,047

NET INCOME/(EXPENDITURE)

(104,450

)

(15,339

)

(119,789

)

RECONCILIATION OF FUNDS

Total funds brought forward

276,198

98,469

374,667

TOTAL FUNDS CARRIED FORWARD

171,748

83,130

254,878

10.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Plant and

leasehold

property

machinery

£

COST

At 1 April 2024

170,000

97,742

22,551

Additions

-

At 31 March 2025

170,000

97,742

22,551

DEPRECIATION

At 1 April 2024

45,200

80,202

21,520

Charge for year

1,700

6,711

478

At 31 March 2025

46,900

86,913

21,998

NET BOOK VALUE

At 31 March 2025

123,100

10,829

553

At 31 March 2024

124,800

17,540

1,031

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2024

39,073

27,998

357,364

Additions

1,706

-

1,706

At 31 March 2025

40,779

27,998

359,070

DEPRECIATION

At 1 April 2024

35,165

25,463

207,550

Charge for year

3,060

1,168

13,117

At 31 March 2025

38,225

26,631

220,667

NET BOOK VALUE

At 31 March 2025

2,554

1,367

138,403

At 31 March 2024

3,908

2,535

149,814

11.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

21,231

25,172

12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Bank loans and overdrafts (see note 13)

-

60,990

Trade creditors

144

574

Social security and other taxes

4,184

126

Other creditors

32,040

31,539

Accruals and deferred income

6,600

3,300

42,968

96,529

Included within other creditors is an amount of £18,405 (2024: 18,405 ) relating to monies received for grants where potential overclaims have been made

13.

LOANS

14.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/25

31/3/24

£

Within one year

1,008

907

Between one and five years

4,032

671

5,040

1,578

Lease payments recognised as an expense during the year were £1,099 (2024: £996).

15.	MOVEMENT IN FUNDS

Net

movement

At

At 1/4/24

in funds

31/3/25

£

Unrestricted funds

General fund

171,747

(50,191

)

121,556

Restricted funds

Back Garden Fund

1,573

(1,001

)

572

BAVO Respite

119

(119

)

-

Welsh Government Childcare Capital

3,406

(2,000

)

1,406

Community Foundation Wales

159

(159

)

-

Playroom Cap

1,608

(1,608

)

-

Welsh Church Act

3,252

-

3,252

BCBC General

73,014

(73,014

)

-

83,131

(77,901

)

5,230

TOTAL FUNDS

254,878

(128,092

)

126,786

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

251,620

(301,811

)

(50,191

)

BCBC Garden and Role Play

2,371

(2,371

)

-

BCBC Training

500

(500

)

-

BCBC Snack time

1,500

(1,500

)

-

BCBC Mark Making

1,500

(1,500

)

-

BCBC Pedagory grant

3,225

(3,225

)

-

BCBC Trips from March 2024

1,500

(1,500

)

-

Barvo Warm Hub

1,954

(1,954

)

-

BCBC Additional Support

2,100

(2,100

)

-

BCBC Pupil Development

3,555

(3,555

)

-

Blackwood Engineering

1,000

(1,000

)

-

270,825

(321,016

)

(50,191

)

Restricted funds

Big Lottery

15,715

(15,715

)

-

Back Garden Fund

-

(1,001

)

(1,001

)

BAVO Respite

-

(119

)

(119

)

Welsh Government Childcare Capital

-

(2,000

)

(2,000

)

Community Foundation Wales

-

(159

)

(159

)

Playroom Cap

-

(1,608

)

(1,608

)

BCBC General

-

(73,014

)

(73,014

)

SJP Foundation

12,500

(12,500

)

-

Clybiau Plant

1,032

(1,032

)

-

Millenium Stadium

3,000

(3,000

)

-

Monmouthshire Building Society

1,620

(1,620

)

-

Toys Trust

425

(425

)

-

34,292

(112,193

)

(77,901

)

TOTAL FUNDS

305,117

(433,209

)

(128,092

)

Comparatives for movement in funds

Net

movement

At

At 1/4/23

in funds

31/3/24

£

Unrestricted funds

General fund

276,198

(104,451

)

171,747

Restricted funds

Back Garden Fund

7,474

(5,901

)

1,573

BAVO Respite

249

(130

)

119

Welsh Government Childcare Capital

5,407

(2,001

)

3,406

Community Foundation Wales

432

(273

)

159

Playroom Cap

8,459

(6,851

)

1,608

Western Bay

182

(182

)

-

Welsh Church Act

3,252

-

3,252

BCBC General

73,014

-

73,014

98,469

(15,338

)

83,131

TOTAL FUNDS

374,667

(119,789

)

254,878

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

166,337

(270,788

)

(104,451

)

BAVO Respite

9,085

(9,085

)

-

BCBC Garden and Role Play

7,305

(7,305

)

-

BCBC Enabling

2,234

(2,234

)

-

BCBC Block Play

154

(154

)

-

BCBC Reflection and Prep

300

(300

)

-

BCBC Summer of Fun

1,830

(1,830

)

-

BCBC Supporting and Learning

9,413

(9,413

)

-

BCBC Trips

500

(500

)

-

197,158

(301,609

)

(104,451

)

Restricted funds

Big Lottery

90,752

(90,752

)

-

Back Garden Fund

1

(5,902

)

(5,901

)

BAVO Respite

-

(130

)

(130

)

Children in Need

7,925

(7,925

)

-

Welsh Government Childcare Capital

-

(2,001

)

(2,001

)

Community Foundation Wales

-

(273

)

(273

)

Playroom Cap

-

(6,851

)

(6,851

)

Western Bay

-

(182

)

(182

)

CWM Taff

1,422

(1,422

)

-

100,100

(115,438

)

(15,338

)

TOTAL FUNDS

297,258

(417,047

)

(119,789

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1/4/23

in funds

31/3/25

£

Unrestricted funds

General fund

276,198

(154,642

)

121,556

Restricted funds

Back Garden Fund

7,474

(6,902

)

572

BAVO Respite

249

(249

)

-

Welsh Government Childcare Capital

5,407

(4,001

)

1,406

Community Foundation Wales

432

(432

)

-

Playroom Cap

8,459

(8,459

)

-

Western Bay

182

(182

)

-

Welsh Church Act

3,252

-

3,252

BCBC General

73,014

(73,014

)

-

98,469

(93,239

)

5,230

TOTAL FUNDS

374,667

(247,881

)

126,786

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

417,957

(572,599

)

(154,642

)

BAVO Respite

9,085

(9,085

)

-

BCBC Garden and Role Play

9,676

(9,676

)

-

BCBC Training

500

(500

)

-

BCBC Enabling

2,234

(2,234

)

-

BCBC Block Play

154

(154

)

-

BCBC Reflection and Prep

300

(300

)

-

BCBC Summer of Fun

1,830

(1,830

)

-

BCBC Supporting and Learning

9,413

(9,413

)

-

BCBC Trips

500

(500

)

-

BCBC Snack time

1,500

(1,500

)

-

BCBC Mark Making

1,500

(1,500

)

-

BCBC Pedagory grant

3,225

(3,225

)

-

BCBC Trips from March 2024

1,500

(1,500

)

-

Barvo Warm Hub

1,954

(1,954

)

-

BCBC Additional Support

2,100

(2,100

)

-

BCBC Pupil Development

3,555

(3,555

)

-

Blackwood Engineering

1,000

(1,000

)

-

467,983

(622,625

)

(154,642

)

Restricted funds

Big Lottery

106,467

(106,467

)

-

Back Garden Fund

1

(6,903

)

(6,902

)

BAVO Respite

-

(249

)

(249

)

Children in Need

7,925

(7,925

)

-

Welsh Government Childcare Capital

-

(4,001

)

(4,001

)

Community Foundation Wales

-

(432

)

(432

)

Playroom Cap

-

(8,459

)

(8,459

)

Western Bay

-

(182

)

(182

)

BCBC General

-

(73,014

)

(73,014

)

CWM Taff

1,422

(1,422

)

-

SJP Foundation

12,500

(12,500

)

-

Clybiau Plant

1,032

(1,032

)

-

Millenium Stadium

3,000

(3,000

)

-

Monmouthshire Building Society

1,620

(1,620

)

-

Toys Trust

425

(425

)

-

134,392

(227,631

)

(93,239

)

TOTAL FUNDS

602,375

(850,256

)

(247,881

)

The purposes of the restricted funds listed above are as follows:

Big Lottery - This fund is used the for the family fun zone project which provides after school, Saturday club and holiday club services to children aged 4-11. A balance on this reserve has been built up partly arising from the project delays due to Covid,

BAVO Warm Hubs- A grant to support costs of activities, food and refreshments.

BCBC Garden and Role Play- A grant to develop the garden and role play area.

BCBC Trips -A grant to contribute towards taking the children out on trips to benefit them

BCBC Snack time - A grant to contribute towards planning and supplying healthy snacks

BCBC Mark Making - A grant to support crafts and artwork

BCBC Pedagory- A grant to purchase items or design activities and exercises to support learning

BCBC Supporting and Learning - A grant to support the setting to develop the children through learning

BCBC Pupil Development- A grant to support staff training and the purchase of resources.

BCBC Team Training- A grant to support staff training.

Blackwood Engineering - A grant to support general costs.

Clybiau Plant- A grant to support holiday club provision .

Millennium Stadium- A grant to support purchase of nursery equipment.

Monmouthshire Building Society- A grant towards staff salaries.

St James Place Foundation- A grant to support the salary of a nursery nurse.

Toys Trust - A grant to support the purchase of specialist equipment and toys.

Prior year funds:

BCBC Block Play - A grant to support children in a form of play

BCBC Reflection and Preparation - A grant to support employees with planning activities and reflecting on completed ones

BCBC Summer of Fun- A grant to purchase items and take children out who are attending the setting during the school holidays

BCBC Plan and Prep Grant- A grant for planning and Preparation for Education Children, PPA Time

Cwm Taff Grant- A grant to support training of parent with children with no diagnosis, provide stay and play sessions and family sessions and providing support groups and workshops.

BCBC Enabling Programme - to provide additional resources such as books, toys or IT equipment for children to enhance the overall learning environment.

BAVO Carers Respite Fund - to provide funding to develop and pilot new approaches, in addition to existing provisions, to provide support for unpaid carers

Children in Need - This fund supports children outreach worker post.

Back Garden Fund - Donations from Freudenburg and Prescot Jones to contribute towards the refurbishment/equipment of our Garden. The reserves will, in the main, offset future deprecation charges arsing on the relevant fixed assets

Playroom Capital - ICF grants to fund new nursery furniture and equipment. The reserves will, in the main, offset future deprecation charges arising on the relevant fixed assets.

ICF Large & Small grants- Grants to fund nursery activities and associated capital equipment and to contribute towards the salary of our Childcare and Learning Co-ordinator post short term, and to enable Y-Bont to hold support group.

Welsh Church Act - A one off grant to fund investment in a new server and computer equipment for office staff at Y-B ont.

Western Bay - A grant to cover the salary of Childcare and Learning Coordinator post and associated support group costs, including furniture.

CAF Tourle - A grant to cover the salary of the fundraising and marketing officer, training costs and IT equipment.

BCBC Combined Grants - various grants for work such as assisting on education facilities

BCBC Early Years - support for early years learning facilities

Development BCBC - A grant to support marketing and children's activities in general

BCBC Develop Children's Wellbeing - A grant to support children's wellbeing

BCBC Non Verbal Grant- A grant for staff training in communication, sign language, pecks training and communicating with non verbal children

BCBC Speech and Language- A grant to develop speech and language.

BCBC Team Training- A grant to support training of staff

National Lottery Awards for All- A grant to support people and help people to reach their potential by supporting them at the earliest possible stages.

16.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025, nor any for the year ended 31 March 2024 other than those disclosed in the notes regarding Trustees remuneration and expenses and other related activities

17.	EMPLOYEE BENEFIT OBLIGATIONS

The charity operates a group personal pension plan for its employees. The amount recognised as an expense in the period was £13,535 (2024: £9,307).

18.	COMPANY LIMITED BY GUARANTEE

The company is a private company limited by guarantee. In the event of the charity being wound up, the members are liable for payment of the debts and liabilities of the charity and of the costs, charges and expenses of winding up. Each member is liable for such amounts as may be required not exceeding £5.