IRIS Accounts Production v26.1.0.640 Other Company accounts True false Pounds 1.9.24 31.8.25 31.8.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true false true true true false true false false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04712426 2024-08-31 04712426 2025-08-31 04712426 2024-09-01 2025-08-31 04712426 2023-08-31 04712426 2023-09-01 2024-08-31 04712426 2024-08-31 04712426 ns0:CharitableCompanyLimitedByGuarantee 2024-09-01 2025-08-31 04712426 ns15:PoundSterling 2024-09-01 2025-08-31 04712426 ns11:FRS102 2024-09-01 2025-08-31 04712426 ns0:IndependentExaminationCharity 2024-09-01 2025-08-31 04712426 ns11:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 04712426 ns11:FullAccounts 2024-09-01 2025-08-31 04712426 ns0:CharitiesSORP 2024-09-01 2025-08-31 04712426 2 2024-09-01 2025-08-31 04712426 ns16:EnglandWales 2024-09-01 2025-08-31 04712426 ns11:RegisteredOffice 2024-09-01 2025-08-31 04712426 ns0:Trustee1 2024-09-01 2025-08-31 04712426 ns0:Trustee2 2024-09-01 2025-08-31 04712426 ns0:Trustee3 2024-09-01 2025-08-31 04712426 ns0:Trustee4 2024-09-01 2025-08-31 04712426 ns0:Trustee5 2024-09-01 2025-08-31 04712426 ns0:TotalUnrestrictedFunds 2024-09-01 2025-08-31 04712426 ns0:Activity11 2024-09-01 2025-08-31 04712426 ns0:Activity11 ns0:TotalUnrestrictedFunds 2024-09-01 2025-08-31 04712426 ns0:Activity11 2023-09-01 2024-08-31 04712426 ns0:Activity8 2024-09-01 2025-08-31 04712426 ns0:Activity8 ns0:TotalUnrestrictedFunds 2024-09-01 2025-08-31 04712426 ns0:Activity8 2023-09-01 2024-08-31 04712426 ns0:Activity9 2024-09-01 2025-08-31 04712426 ns0:Activity9 ns0:TotalUnrestrictedFunds 2024-09-01 2025-08-31 04712426 ns0:Activity9 2023-09-01 2024-08-31 04712426 ns0:TotalUnrestrictedFunds 2024-08-31 04712426 ns0:TotalUnrestrictedFunds 2025-08-31 04712426 ns10:WithinOneYear 2025-08-31 04712426 ns10:WithinOneYear 2024-08-31 04712426 ns0:TotalRestrictedIncomeFunds 2025-08-31 04712426 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 04712426 ns10:LandBuildings ns10:LongLeaseholdAssets 2024-09-01 2025-08-31 04712426 ns10:PlantMachinery 2024-09-01 2025-08-31 04712426 2 2024-09-01 2025-08-31 04712426 3 2024-09-01 2025-08-31 04712426 1 2024-09-01 2025-08-31 04712426 1 2023-09-01 2024-08-31 04712426 ns10:OwnedAssets 2024-09-01 2025-08-31 04712426 ns10:OwnedAssets 2023-09-01 2024-08-31 04712426 ns0:TotalUnrestrictedFunds 2023-09-01 2024-08-31 04712426 ns0:Activity11 ns0:TotalUnrestrictedFunds 2023-09-01 2024-08-31 04712426 ns0:Activity8 ns0:TotalUnrestrictedFunds 2023-09-01 2024-08-31 04712426 ns0:Activity9 ns0:TotalUnrestrictedFunds 2023-09-01 2024-08-31 04712426 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-08-31 04712426 ns10:LandBuildings ns10:LongLeaseholdAssets 2024-08-31 04712426 ns10:PlantMachinery 2024-08-31 04712426 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2025-08-31 04712426 ns10:LandBuildings ns10:LongLeaseholdAssets 2025-08-31 04712426 ns10:PlantMachinery 2025-08-31 04712426 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-08-31 04712426 ns10:LandBuildings ns10:LongLeaseholdAssets 2024-08-31 04712426 ns10:PlantMachinery 2024-08-31 04712426 ns0:TotalRestrictedIncomeFunds 2024-08-31 04712426 ns0:TotalRestrictedIncomeFunds 2024-09-01 2025-08-31

REGISTERED COMPANY NUMBER: 04712426

REGISTERED CHARITY NUMBER: 1101211

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

WILLOWS CENTRE TROEDYRHIW

| WILLOWS CENTRE TROEDYRHIW |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

| Page |

| Report of the Trustees | 1 |  | to |  | 4

| Independent Examiner's Report | 5 |

| Statement of Financial Activities | 6 |

| Balance Sheet | 7 |  | to |  | 8

| Notes to the Financial Statements | 9 |  | to |  | 22

WILLOWS CENTRE TROEDYRHIW (REGISTERED NUMBER: 04712426) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 AUGUST 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 August 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).

This annual report includes the directors' report as required by company law.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Promote the benefit of the inhabitants of Troedyrhiw and the neighbourhood together defined by the Plymouth Ward (hereinafter called "the area of benefit") without distinction of sex, sexual orientation, age, disability, nationality, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.

Establish, or secure the establishment of, a Community Centre, maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of the Objects.

Promote such other charitable purposes as may from time to time to determined.

The Charity shall be non-party in politics and non-sectarian in religion.

Significant activities

Five session a week youth provision

Troedyrhiw Early Days Support (TEDS)

Troedyrhiw Vintage ladies.

Leisure Activities

Fitness Classes for Adults and Young People

Ynysowen RFC & Ynysowen Mini & Junior Section

Dog Ring Craft

Heatbeat 95 & NHS classes

ITEC

Public benefit

The Trustees are aware that the Charity has a responsibility under the Charities Act to demonstrate that it has charitable aims that meet the public benefit requirement and are therefore charitable. The Trustees confirm that they have had regard to the Charity Commission's guidance on public benefit and comply with S17 Charities Act 2011 when considering, planning and implementing the activities of the charity. As Trustees, we believe that the aims of our organisation are charitable and for the public benefit. Furthermore, in our view, no detriment or harm arises from our Charity carrying out its work and we are not aware of any widespread views among others that such detriment or harm might arise.

Grantmaking

Non-applicable

Volunteers

The centre has a volunteer's policy in place and aims to recruit and encourage volunteering in all sectors of its work.

WILLOWS CENTRE TROEDYRHIW (REGISTERED NUMBER: 04712426) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 AUGUST 2025

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Summary of the main achievements during the year:

Partnership working with MTCBC to provide a five session a week youth provision

Partnership working with Ynysowen Rugby Club

Increase of organisations hiring the facility

Young people supported with employability skills and training

Youth Club Health & Wellbeing Project

Increase of fitness class for both adult and young people

Street Games Project

Performance achieved in charitable activities against objectives set

We operated a varied programme of activities accessible for all community members, extending our provision and services to meet community need.

Any other factors relevant to achieving objectives

Partnership working with MTCBC

Partnership work and offering support and guidance with local voluntary organisations

Grant funders as stated

Fundraising activities

Community Events

Room Hire

Investment performance achieved against performance set:

All previous fundraising activities are active.

All set community outcomes were met.

FINANCIAL REVIEW

Principal funding sources

MTCBC Service Level of Agreements (SLA)

Grant giving organisations

Hire charges

Investment policy and objectives

We aim to build our contingency fund to cover at least six month running costs.

Relationship between expenditure and the charities key objectives

Core staff salaries.

Building maintenance and running costs.

WILLOWS CENTRE TROEDYRHIW (REGISTERED NUMBER: 04712426) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 AUGUST 2025

FINANCIAL REVIEW

Reserves policy

The company is working towards setting up a contingency fund, if funding allows, to cover 6 months running costs. The current targeted reserves is therefore £109,772.

Free reserves have been used over this financial period to fund essential core staff salaries and running costs, however, at the end of the year free reserves showed a balance of £134,164 (2024: £118,328) which is in excess of this target.

The trustees will continue monitoring costs and attempt to increase core hall hire income together with attempting to identify further sources of funding for the future and increase free reserves to the targeted level.

Principal financial management policies

All finances are recorded using the QuickBooks Accounting package & Sage Payroll.

All expenditure over £100 must be passed by the committee.

All cheques must have 2 signatures of 3 people designated by the Management Committee.

Funds in deficit

There are no funds materially in deficit.

Going Concern

The Charity has secured a Service Level Agreement up until the 31st March 2027 and the Charity would like to thank Merthyr Tydfil County Borough Council for their continued support.

The Charity has also secured funding for various project throughout the year and has also increased hire costs and maintained current users, while securing new users.

As a result, these accounts will be prepared on a going concern basis.

FUTURE PLANS

Meet the outcomes of our Business Plan, together with meeting the needs of the community.

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.

The Willows Centre Troedyrhiw is a Private Company Limited by Guarantee with Charitable Status, registered in England & Wales.

Recruitment and appointment of new trustees

The Willows Centre Troedyrhiw offers all organisations using the building the opportunity to nominate a person to sit on the management board.

Open A.G.M where individuals may be proposed.

A vote at the A.G.M is then taken to accept a new trustee.

(All applicants have a criminal records check, owing to the high volume of children's organisations using the premises).

Organisational structure

Management Committee/ Directors

Staff

Volunteers

WILLOWS CENTRE TROEDYRHIW (REGISTERED NUMBER: 04712426) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 AUGUST 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Induction and training of new trustees

Relevant training providers are assessable.

Linked Charity

The Charity Commission directed that as of the 6th September 2019 the charity called The Troedyrhiw Boys and Girls Club (524194) ('the linked charity') shall be treated as forming part of the charity called Willows Centre Troedyrhiw (1101211)('the reporting charity') for the purposes of Part 4 (registration) and Part 8 (accounting) of the Charities Act 2011.

All funds and assets of the Troedyrhiw Boys & Girls Club are separately identified as a restricted fund.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. A small contingency fund has been set up, which needs to be increased to an appropriate amount as and when our finances allow. Recorded monthly financial reports are reviewed in management meetings to continually assess funds.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04712426 (Not specified/Other)

Registered Charity number

1101211

Registered office

The Willows

Bridge Street

Troedyrhiw

Merthyr Tydfil

Trustees

A Bishop Chairperson

D Bulford Treasurer

P Howells Company Secretary

S Hagerty

D Games Co-opted member (resigned 10.4.25)

Independent Examiner

Richard I. Knoyle ACA FCCA

Baker Knoyle Chartered Accountants

Orbit Business Centre

Merthyr Tydfil

CF48 1DL

Organisation Manager

The day to day running of the centre is undertaken by Committee Members.

Bankers - Santander

Approved by order of the board of trustees on 29 April 2026 and signed on its behalf by:

A Bishop - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

WILLOWS CENTRE TROEDYRHIW

Independent examiner's report to the trustees of Willows Centre Troedyrhiw ('the Company')

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

Richard I. Knoyle ACA FCCA

Baker Knoyle Chartered Accountants

Orbit Business Centre

Merthyr Tydfil

CF48 1DL

29 April 2026

| WILLOWS CENTRE TROEDYRHIW |

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 AUGUST 2025

| 2025 |  | 2024

| The |

| Troedyrhiw |

| Boys & |

| Unrestricted |  | Restricted |  | Girls |  | Total |  | Total

| funds |  | funds |  | Club |  | funds |  | funds

| Notes | £ | £ | £ | £ | £ |

INCOME AND | ENDOWMENTS FROM |

Donations and legacies | 2 | - |  | 151,425 |  | - |  | 151,425 |  | 148,343 |

Charitable activities

Hire Premises | 84,966 |  | 1,670 |  | - |  | 86,636 |  | 67,452 |

Other trading activities | 3 | - |  | - |  | - |  | - |  | 740 |

Total | 84,966 |  | 153,095 |  | - |  | 238,061 |  | 216,535 |

EXPENDITURE ON

Raising funds | 4 | 1,567 |  | - |  | - |  | 1,567 |  | 1,500 |

Charitable activities

Youth Activities | 66,722 |  | 138,317 |  | - |  | 205,039 |  | 216,309 |

Capital Project | 185 |  | 9,918 |  | 2,834 |  | 12,937 |  | 11,717 |

Total | 68,474 |  | 148,235 |  | 2,834 |  | 219,543 |  | 229,526 |

NET INCOME/(EXPENDITURE) | 16,492 |  | 4,860 |  | (2,834 | ) | 18,518 |  | (12,991 | )

Transfers between funds | 14 | (841 | ) | 826 |  | 15 |  | - |  | - |

Net movement in funds | 15,651 |  | 5,686 |  | (2,819 | ) | 18,518 |  | (12,991 | )

RECONCILIATION OF | FUNDS |

Total funds brought forward | 119,561 |  | 336,723 |  | 284,427 |  | 740,711 |  | 753,702 |

TOTAL FUNDS CARRIED FORWARD | 135,212 |  | 342,409 |  | 281,608 |  | 759,229 |  | 740,711 |

WILLOWS CENTRE TROEDYRHIW (REGISTERED NUMBER: 04712426) |

BALANCE SHEET

31 AUGUST 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS |

Tangible assets | 10 | 523,944 |  | 536,881 |

CURRENT ASSETS |

Debtors | 11 | 12,548 |  | 12,137 |

Cash at bank and in hand | 228,285 |  | 197,046 |

240,833 |  | 209,183 |

CREDITORS |

Amounts falling due within one year | 12 | (5,548 | ) | (5,353 | )

NET CURRENT ASSETS | 235,285 |  | 203,830 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 759,229 |  | 740,711 |

NET ASSETS | 759,229 |  | 740,711 |

FUNDS | 14

Unrestricted funds | 135,212 |  | 119,561 |

Restricted funds | 624,017 |  | 621,150 |

TOTAL FUNDS | 759,229 |  | 740,711 |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

WILLOWS CENTRE TROEDYRHIW (REGISTERED NUMBER: 04712426) |

BALANCE SHEET - continued

31 AUGUST 2025

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 29 April 2026 and were signed on its behalf by:

A Bishop - Trustee

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 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.

| Financial reporting standard 102 - reduced disclosure exemptions

| The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

| • | the requirements of Section 7 Statement of Cash Flows.

| 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.

| The following specific policies are applied:

| Voluntary income

| Income received by way of grants, gifts or donation is included in full on receipt unless it is subject to a condition when it is treated as deferred income.

| Deferred income

| Income or grants received in advance are held as deferred income and carried forward to future accounting periods to be released when the defined purposes of the work or project have been completed, approved or certified.

| Gifts in kind

| Gifts in kind are included in the income and expenditure account where they are applied in carrying out charitable activities, where the company would otherwise have to purchase the donated facility and the benefit is both quantifiable and material. The quantifiable benefit is shown as both incoming and expended resources within the appropriate funds. Where the gift is an asset it is treated as income and taken to stock or fixed assets as appropriate.

| The value of services provided by volunteers is not quantified.

| Investment income

| Investment income is included when receivable.

| Trading income

| Trading income is recognised when earned.

| Government Grant Income comprises specific project related direct support. see note 9, Incoming Resources, for amounts.

| 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.

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

1. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

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

| Freehold property improvements | - | at varying rates on cost

| Land & Buildings (TB&GC) | - | 2% on cost

| Plant and machinery | - | at variable rates on reducing balance

| 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.

| Designated funds are those unrestricted funds set aside for a specific purpose by the Board.

| 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.

| Organisational status

| The organisation is a company limited by guarantee and a registered charity. The directors are the trustees, and are set out within the Trustees Annual Report, they form a board of trustees which is the executive body of the charity, the aims and objectives and rules for governance are set out in the charitable company's Memorandum and Articles of Association.

| Tangible fixed assets

| Tangible fixed assets are included in the balance sheet at historic cost less accumulated depreciation. grant receipts which fund fixed asset acquisitions are taken to restricted funds and the appropriate depreciation charge is made against those funds over the expected useful life of the asset.

| Leased assets

| Fixed assets acquired under finance leases are included in the balance sheet at historic cost less accumulated depreciation. The present value of future rentals is shown as a liability. Interest payable in each period is charged as an expended resource in proportion to the amount outstanding under the lease. Operating lease rentals are charged as expended resources as incurred.

| Stock

| Stock is included in the balance sheet at the lower of cost or net realisable value, provisions being made as appropriate against any obsolete or slow moving items. Where stock is held for a specific restricted purpose the relevant incoming resources are held as balances on restricted funds.

| 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.

| Going concern

| The financial statements have been prepared on a going concern basis. See Note 18 for further information.

| Branch Accounting

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

1. | ACCOUNTING POLICIES - continued

| Organisational status

| These accounts include the activity of the Troedyrhiw Boys and Girls Club a linked charity. Branch accounting has been adopted for this arrangement.

2. | DONATIONS AND LEGACIES

| 2025 |  | 2024

£ | £ |

| Donations | - |  | 125 |  |

| Grants | 47,153 |  | 51,139 |  |

| Service Level Agreement | 104,272 |  | 97,079 |  |

151,425 |  | 148,343 |  |

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

| 2025 |  | 2024

£ | £ |

| National Lottery | 20,000 |  | - |  |

| MTCBC | 6,500 |  | 18,370 |  |

| Merthyr Valley Homes | 653 |  | 2,132 |  |

| Voluntary Action Merthyr Tydfil | - |  | 10,637 |  |

| Garfield Western | 20,000 |  | 20,000 |  |

47,153 |  | 51,139 |  |

3. | OTHER TRADING ACTIVITIES

| 2025 |  | 2024

£ | £ |

| Membership | - |  | 740 |  |

4. | RAISING FUNDS

| Raising donations and legacies

| 2025 |  | 2024

£ | £ |

| Staff costs | 1,567 |  | 1,500 |  |

5. | NET INCOME/(EXPENDITURE)

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

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | 12,937 |  | 11,717 |  |

| Accountancy & Independent Examiners Fee | 2,832 |  | 2,832 |  |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

6. | TRUSTEES' REMUNERATION AND BENEFITS

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

| There are no high paid staff earning over £60,000.

| Trustees' expenses

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

7. | STAFF COSTS

| 2025 |  | 2024

£ | £ |

| Wages and salaries | 104,780 |  | 109,189 |  |

| Other pension costs | 2,356 |  | 2,563 |  |

107,136 |  | 111,752 |  |

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

| 2025 |  | 2024

| Youth activities - full time equivalent | 8 |  | 9 |  |

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

| Included in the above is employers national insurance contributions amounting to £1,929 (2024: £1,246).

| The key management of the charity comprises the Directors/Trustees. The total benefits of the the key management personnel of the charity was £Nil.

8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| The |

| Troedyrhiw |

| Boys & |

| Unrestricted |  | Restricted |  | Girls |  | Total

| funds |  | funds |  | Club |  | funds

£ | £ | £ | £ |

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 125 |  | 148,218 |  | - |  | 148,343 |

| Charitable activities

| Hire Premises | 67,452 |  | - |  | - |  | 67,452 |

| Other trading activities | 740 |  | - |  | - |  | 740 |

| Total | 68,317 |  | 148,218 |  | - |  | 216,535 |

| EXPENDITURE ON

| Raising funds | 1,500 |  | - |  | - |  | 1,500 |

| Charitable activities

| Youth Activities | 63,774 |  | 152,535 |  | - |  | 216,309 |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

| The |

| Troedyrhiw |

| Boys & |

| Unrestricted |  | Restricted |  | Girls |  | Total

| funds |  | funds |  | Club |  | funds

£ | £ | £ | £ |

| Capital Project | 218 |  | 8,665 |  | 2,834 |  | 11,717 |

| Total | 65,492 |  | 161,200 |  | 2,834 |  | 229,526 |

| NET INCOME/(EXPENDITURE) | 2,825 |  | (12,982 | ) | (2,834 | ) | (12,991 | )

| Transfers between funds | 1,865 |  | (1,865 | ) | - |  | - |

| Net movement in funds | 4,690 |  | (14,847 | ) | (2,834 | ) | (12,991 | )

| RECONCILIATION OF FUNDS

| Total funds brought forward | 114,870 |  | 351,570 |  | 287,262 |  | 753,702 |

| TOTAL FUNDS CARRIED FORWARD | 119,560 |  | 336,723 |  | 284,428 |  | 740,711 |

9. | CHARITABLE ACTIVITY COSTS

| Activity |  | Direct costs |  | Support costs |  | Total |  |

| £ |  | £ |  | £ |  |

| Youth activities |  | 194,924 |  | 10,115 |  | 205,039 |  |

| Capital projects |  | 6,252 |  | 6,685 |  | 12,937 |  |

|  | 201,176 |  | 16,800 |  | 217,976 |  |

| Support costs are allocated against the activities of the organisation on a percentage of activity basis as follows:

| Allocation Basis |  | Capital Equipment |  | Management |  | Finance |  | Governance |  | Total |  |

| Activities |  |

| Youth activities |  | - |  | 4,790 |  | 2,493 |  | 2,832 |  | 10,115 |  |

| Capital projects |  | 6,685 |  | - |  | - |  | - |  | 6,685 |  |

|  | 6,685 |  | 4,790 |  | 2,493 |  | 2,832 |  | 16,800 |  |

| Governance: |  |

| Independent Exam. Fee |  | 2,832 |  |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

10. | TANGIBLE FIXED ASSETS

| Freehold |  | Land & |

| property |  | Buildings |  | Plant and |

| improvements |  | (TB&GC) |  | machinery |  | Totals

£ | £ | £ | £ |

| COST

| At 1 September 2024 and 31 August 2025 | 452,022 |  | 233,687 |  | 26,624 |  | 712,333 |  |

| DEPRECIATION

| At 1 September 2024 | 138,276 |  | 11,340 |  | 25,836 |  | 175,452 |  |

| Charge for year | 9,314 |  | 2,835 |  | 788 |  | 12,937 |  |

| At 31 August 2025 | 147,590 |  | 14,175 |  | 26,624 |  | 188,389 |  |

| NET BOOK VALUE

| At 31 August 2025 | 304,432 |  | 219,512 |  | - |  | 523,944 |  |

| At 31 August 2024 | 313,746 |  | 222,347 |  | 788 |  | 536,881 |  |

11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Other debtors | 12,548 |  | 12,137 |  |

12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Social security and other taxes | 972 |  | 512 |  |

| Other creditors | - |  | 1 |  |

| Pension creditor | 533 |  | 451 |  |

| Net Wages | 1,211 |  | 1,236 |  |

| Accrued expenses | 2,832 |  | 3,153 |  |

5,548 |  | 5,353 |  |

13. | ANALYSIS OF NET ASSETS BETWEEN FUNDS

| The balances on restricted funds are represented by the following underlying assets:

|  | Unrestricted funds |  | Restricted funds |  | Total Funds 2025 |  | Total Funds 2024 |  |

| £ |  | £ |  | £ |  | £ |  |

| Fixed assets |  | 1,048 |  | 522,896 |  | 523,944 |  | 536,881 |  |

| Net Current Assets |  | 134,164 |  | 101,121 |  | 235,285 |  | 203,830 |  |

|  | 135,212 |  | 624,017 |  | 759,229 |  | 740,711 |  |

| Analysis of Reserves: |  |  |  |  |  |  |  |  |  |

| Amounts set aside to write down fixed assets |  | 1,048 |  | 522,896 |  | 523,944 |  | 536,881 |  |

| Other designated and restricted funds |  | - |  | 101,121 |  | 101,121 |  | 85,502 |  |

| Free Reserves |  | 134,164 |  | - |  | 134,164 |  | 118,328 |  |

|  | 135,212 |  | 624,017 |  | 759,229 |  | 740,711 |  |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

13. | ANALYSIS OF NET ASSETS BETWEEN FUNDS - continued

| NOTE FOR LINKED CHARITY: Included in the £101,121 Restricted Net Current Assets is £62,095 related to the Troedyrhiw Boys & Girls Club 'linked' charity. Included in the £522,896 Restricted Fixed Assets is £219,512 related to the Troedyrhiw Boys & Girls 'linked' charity.

14. | MOVEMENT IN FUNDS

| Net |  | Transfers |  |

| movement |  | between |  | At |

| At 1/9/24 |  | in funds |  | funds |  | 31/8/25 |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 118,328 |  | 16,677 |  | (841 | ) | 134,164 |  |

| Designated Fund | 1,233 |  | (185 | ) | - |  | 1,048 |  |

119,561 |  | 16,492 |  | (841 | ) | 135,212 |  |

| Restricted funds

| Awards for All | - |  | 9,646 |  | - |  | 9,646 |  |

| Miscellaneous Capital Asset Fund | 33,700 |  | (2,560 | ) | - |  | 31,140 |  |

| Merthyr Valleys Homes (Fit & Fed) | 1,244 |  | 236 |  | (1,480 | ) | - |  |

| WAG Community Facilities & Activities Programme (CFAP) / Ffos y Fran Community Fund Capital Fund | 279,601 |  | (7,358 | ) | - |  | 272,243 |  |

| Street Games | 2,318 |  | 1,033 |  | (2,000 | ) | 1,351 |  |

| SLA Staff & Rent and Youth & Community Officer (MTCBC) | - |  | (7,946 | ) | 7,946 |  | - |  |

| The Troedyrhiw Boys & Girls Club | 284,427 |  | (2,835 | ) | 15 |  | 281,607 |  |

| VAMT Youth Led Grant | 2,225 |  | - |  | (2,225 | ) | - |  |

| Garfield Western | 17,635 |  | 6,251 |  | (1,415 | ) | 22,471 |  |

| MTCBC Warm HUB | - |  | 3,000 |  | - |  | 3,000 |  |

| MTCBC (Playfest) | - |  | (592 | ) | 592 |  | - |  |

| MTCBC (Playscheme) | - |  | 1,151 |  | (592 | ) | 559 |  |

| Equality, Diversity and Inclusion Project 24/25 | - |  | 2,000 |  | - |  | 2,000 |  |

621,150 |  | 2,026 |  | 841 |  | 624,017 |  |

| TOTAL FUNDS | 740,711 |  | 18,518 |  | - |  | 759,229 |  |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

14. | 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 | 84,966 |  | (68,289 | ) | 16,677 |  |

| Designated Fund | - |  | (185 | ) | (185 | ) |

84,966 |  | (68,474 | ) | 16,492 |  |

| Restricted funds

| Awards for All | 20,000 |  | (10,354 | ) | 9,646 |  |

| Miscellaneous Capital Asset Fund | - |  | (2,560 | ) | (2,560 | ) |

| Merthyr Valleys Homes (Fit & Fed) | 652 |  | (416 | ) | 236 |  |

| WAG Community Facilities & Activities Programme (CFAP) / Ffos y Fran Community Fund Capital Fund | - |  | (7,358 | ) | (7,358 | ) |

| Street Games | 4,501 |  | (3,468 | ) | 1,033 |  |

| SLA Staff & Rent and Youth & Community Officer (MTCBC) | 88,742 |  | (96,688 | ) | (7,946 | ) |

| The Troedyrhiw Boys & Girls Club | - |  | (2,835 | ) | (2,835 | ) |

| Garfield Western | 20,000 |  | (13,749 | ) | 6,251 |  |

| MTCBC Warm HUB | 13,000 |  | (10,000 | ) | 3,000 |  |

| MTCBC (Playfest) | 1,500 |  | (2,092 | ) | (592 | ) |

| MTCBC (Playscheme) | 2,700 |  | (1,549 | ) | 1,151 |  |

| Equality, Diversity and Inclusion Project 24/25 | 2,000 |  | - |  | 2,000 |  |

153,095 |  | (151,069 | ) | 2,026 |  |

| TOTAL FUNDS | 238,061 |  | (219,543 | ) | 18,518 |  |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

14. | MOVEMENT IN FUNDS - continued

| Comparatives for movement in funds

| Net |  | Transfers |  |

| movement |  | between |  | At |

| At 1/9/23 |  | in funds |  | funds |  | 31/8/24 |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 113,420 |  | 3,043 |  | 1,865 |  | 118,328 |  |

| Designated Fund | 1,450 |  | (217 | ) | - |  | 1,233 |  |

114,870 |  | 2,826 |  | 1,865 |  | 119,561 |  |

| Restricted funds

| Miscellaneous Capital Asset Fund | 35,007 |  | (1,307 | ) | - |  | 33,700 |  |

| Merthyr Valleys Homes (Fit & Fed) | 653 |  | 591 |  | - |  | 1,244 |  |

| WAG Community Facilities & Activities Programme (CFAP) / Ffos y Fran Community Fund Capital Fund | 286,959 |  | (7,358 | ) | - |  | 279,601 |  |

| Street Games | - |  | 2,318 |  | - |  | 2,318 |  |

| SLA Staff & Rent and Youth & Community Officer (MTCBC) | 13,809 |  | (14,484 | ) | 675 |  | - |  |

| WCVA (Storm Dennis Fund) | 1,517 |  | - |  | (1,517 | ) | - |  |

| Active Merthyr | 3,251 |  | (4,733 | ) | 1,482 |  | - |  |

| The Troedyrhiw Boys & Girls Club | 287,262 |  | (2,835 | ) | - |  | 284,427 |  |

| SLA MTCBC Summer of Fun | 506 |  | (144 | ) | (362 | ) | - |  |

| Arnold Clark Foundation | 27 |  | (28 | ) | 1 |  | - |  |

| VAMT Youth Led Grant | 2,225 |  | - |  | - |  | 2,225 |  |

| Garfield Western | 8,088 |  | 9,547 |  | - |  | 17,635 |  |

| MTCBC Diversity Fund | (472 | ) | (875 | ) | 1,347 |  | - |  |

| MTCBC Warm HUB | - |  | 3,291 |  | (3,291 | ) | - |  |

| MTCBC (Playfest) | - |  | 200 |  | (200 | ) | - |  |

638,832 |  | (15,817 | ) | (1,865 | ) | 621,150 |  |

| TOTAL FUNDS | 753,702 |  | (12,991 | ) | - |  | 740,711 |  |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

14. | MOVEMENT IN FUNDS - continued

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 68,316 |  | (65,273 | ) | 3,043 |  |

| Designated Fund | 1 |  | (218 | ) | (217 | ) |

68,317 |  | (65,491 | ) | 2,826 |  |

| Restricted funds

| Miscellaneous Capital Asset Fund | - |  | (1,307 | ) | (1,307 | ) |

| Merthyr Valleys Homes (Fit & Fed) | 2,132 |  | (1,541 | ) | 591 |  |

| WAG Community Facilities & Activities Programme (CFAP) / Ffos y Fran Community Fund Capital Fund | - |  | (7,358 | ) | (7,358 | ) |

| Street Games | 3,000 |  | (682 | ) | 2,318 |  |

| SLA Staff & Rent and Youth & Community Officer (MTCBC) | 87,829 |  | (102,313 | ) | (14,484 | ) |

| Active Merthyr | - |  | (4,733 | ) | (4,733 | ) |

| The Troedyrhiw Boys & Girls Club | - |  | (2,835 | ) | (2,835 | ) |

| SLA MTCBC Summer of Fun | - |  | (144 | ) | (144 | ) |

| Arnold Clark Foundation | - |  | (28 | ) | (28 | ) |

| Garfield Western | 20,000 |  | (10,453 | ) | 9,547 |  |

| MTCBC Diversity Fund | - |  | (875 | ) | (875 | ) |

| MTCBC Warm HUB | 8,500 |  | (5,209 | ) | 3,291 |  |

| MTCBC (Playfest) | 1,600 |  | (1,400 | ) | 200 |  |

| SETS Fund | 14,520 |  | (14,520 | ) | - |  |

| VAMT Legacy Fund | 1,500 |  | (1,500 | ) | - |  |

| VAMT Food Partnership Fund | 9,137 |  | (9,137 | ) | - |  |

148,218 |  | (164,035 | ) | (15,817 | ) |

| TOTAL FUNDS | 216,535 |  | (229,526 | ) | (12,991 | ) |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

14. | MOVEMENT IN FUNDS - continued

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

| Net |  | Transfers |  |

| movement |  | between |  | At |

| At 1/9/23 |  | in funds |  | funds |  | 31/8/25 |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 113,420 |  | 19,720 |  | 1,024 |  | 134,164 |  |

| Designated Fund | 1,450 |  | (402 | ) | - |  | 1,048 |  |

114,870 |  | 19,318 |  | 1,024 |  | 135,212 |  |

| Restricted funds

| Awards for All | - |  | 9,646 |  | - |  | 9,646 |  |

| Miscellaneous Capital Asset Fund | 35,007 |  | (3,867 | ) | - |  | 31,140 |  |

| Merthyr Valleys Homes (Fit & Fed) | 653 |  | 827 |  | (1,480 | ) | - |  |

| WAG Community Facilities & Activities Programme (CFAP) / Ffos y Fran Community Fund Capital Fund | 286,959 |  | (14,716 | ) | - |  | 272,243 |  |

| Street Games | - |  | 3,351 |  | (2,000 | ) | 1,351 |  |

| SLA Staff & Rent and Youth & Community Officer (MTCBC) | 13,809 |  | (22,430 | ) | 8,621 |  | - |  |

| WCVA (Storm Dennis Fund) | 1,517 |  | - |  | (1,517 | ) | - |  |

| Active Merthyr | 3,251 |  | (4,733 | ) | 1,482 |  | - |  |

| The Troedyrhiw Boys & Girls Club | 287,262 |  | (5,670 | ) | 15 |  | 281,607 |  |

| SLA MTCBC Summer of Fun | 506 |  | (144 | ) | (362 | ) | - |  |

| Arnold Clark Foundation | 27 |  | (28 | ) | 1 |  | - |  |

| VAMT Youth Led Grant | 2,225 |  | - |  | (2,225 | ) | - |  |

| Garfield Western | 8,088 |  | 15,798 |  | (1,415 | ) | 22,471 |  |

| MTCBC Diversity Fund | (472 | ) | (875 | ) | 1,347 |  | - |  |

| MTCBC Warm HUB | - |  | 6,291 |  | (3,291 | ) | 3,000 |  |

| MTCBC (Playfest) | - |  | (392 | ) | 392 |  | - |  |

| MTCBC (Playscheme) | - |  | 1,151 |  | (592 | ) | 559 |  |

| Equality, Diversity and Inclusion Project 24/25 | - |  | 2,000 |  | - |  | 2,000 |  |

638,832 |  | (13,791 | ) | (1,024 | ) | 624,017 |  |

| TOTAL FUNDS | 753,702 |  | 5,527 |  | - |  | 759,229 |  |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

14. | MOVEMENT IN FUNDS - continued

| 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 | 153,282 |  | (133,562 | ) | 19,720 |  |

| Designated Fund | 1 |  | (403 | ) | (402 | ) |

153,283 |  | (133,965 | ) | 19,318 |  |

| Restricted funds

| Awards for All | 20,000 |  | (10,354 | ) | 9,646 |  |

| Miscellaneous Capital Asset Fund | - |  | (3,867 | ) | (3,867 | ) |

| Merthyr Valleys Homes (Fit & Fed) | 2,784 |  | (1,957 | ) | 827 |  |

| WAG Community Facilities & Activities Programme (CFAP) / Ffos y Fran Community Fund Capital Fund | - |  | (14,716 | ) | (14,716 | ) |

| Street Games | 7,501 |  | (4,150 | ) | 3,351 |  |

| SLA Staff & Rent and Youth & Community Officer (MTCBC) | 176,571 |  | (199,001 | ) | (22,430 | ) |

| Active Merthyr | - |  | (4,733 | ) | (4,733 | ) |

| The Troedyrhiw Boys & Girls Club | - |  | (5,670 | ) | (5,670 | ) |

| SLA MTCBC Summer of Fun | - |  | (144 | ) | (144 | ) |

| Arnold Clark Foundation | - |  | (28 | ) | (28 | ) |

| Garfield Western | 40,000 |  | (24,202 | ) | 15,798 |  |

| MTCBC Diversity Fund | - |  | (875 | ) | (875 | ) |

| MTCBC Warm HUB | 21,500 |  | (15,209 | ) | 6,291 |  |

| MTCBC (Playfest) | 3,100 |  | (3,492 | ) | (392 | ) |

| SETS Fund | 14,520 |  | (14,520 | ) | - |  |

| VAMT Legacy Fund | 1,500 |  | (1,500 | ) | - |  |

| VAMT Food Partnership Fund | 9,137 |  | (9,137 | ) | - |  |

| MTCBC (Playscheme) | 2,700 |  | (1,549 | ) | 1,151 |  |

| Equality, Diversity and Inclusion Project 24/25 | 2,000 |  | - |  | 2,000 |  |

301,313 |  | (315,104 | ) | (13,791 | ) |

| TOTAL FUNDS | 454,596 |  | (449,069 | ) | 5,527 |  |

| Restricted funds represent balances held to fund future projects where the resources have been received and are required by the donors to fund a specific project.

| Where balances on restricted funds are designated as fixed assets this is the amount within the fund set aside for the future depreciation of those assets.

| The remaining balances on restricted funds represent amounts where funds have been received or are receivable and where the expenditure is restricted to specific purposes by the donor.

| Activities undertaken within each major restricted fund

| The restricted funds of the charity have been applied during the year or are held for future expenditure in the following areas:

| Miscellaneous Capital Asset Fund

| This fund holds the unamortised value of plant and machinery and building improvement expenditure where the original funding formed part of the organisations restricted income.

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

14. | MOVEMENT IN FUNDS - continued

| SLA Staff and Rent/Youth Community Officer

| MTCBC fund a full time Youth & Community Officer post through a SLA along with part time staff and rent for the youth club to be open five nights a week during term time to interact with young people.

| Community Facilities Activities Programme (CFAP)/ Ffos-y-Fran Community Fund

| Capital funding received to build a mezzanine floor structure and purchase equipment.

| SLA MTCBC Summer of Fun

| To support fun play Leisure, Recreational, Sporting and Cultural Activities for Children & Young People.

| Troedyrhiw Boys & Girls Club

| This charity (previous charity number 524194), is now a 'linked' charity. All funds related to this charity will be kept as restricted and expended in line with the charity objectives.

| VAMT Youth Led Grant

| This was funding for a t-shirt printer.

| Garfield Western

| This funding is to enable young people to build a better future by providing life skills such as cooking and finance budgeting etc in a safe environment.

| Merthyr Valleys Homes (Fit and Fed)

| This funding is to help provide a fitness session and healthy food programme for young people at the centre.

| Street Games

| To provide a range of activities for young people living in a low income community.

| Cost of Living Fund / MTCBC Warm HUB Fund

| This funding provided a free family fun community day together with the supply of 'warm packs' for people in the community in need of such support.

| MTCBC Diversity Fund

| This funding was to enable the provision of workshops for young people with regards to diversity and inclusivity, together with a reward trip at the end of project.

| MTCBC Playscheme Fund

| This funded costs to run a playscheme day for children's in the village during the summer holidays.

| MTCBC Legacy Fund

| This is to fund an arts based project to raise awareness of cultural diversity in the Merthyr Tydfil area.

| National Lottery Awards for All

| Funding to support activities in the community centre.

| Transfers between funds

| Transfers between funds arise where unrestricted funds have been used to fund shortfalls in restricted projects.

| Analysis of Designated Funds

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Unamortised fixed assets |  | 1,048 |  | 1,233 |  |

| Designated Funds |  | 1,048 |  | 1,233 |  |

| WILLOWS CENTRE TROEDYRHIW |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

14. | MOVEMENT IN FUNDS - continued

| Transfers between funds - continued

| Designated funds represent the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.

15. | RELATED PARTY DISCLOSURES

| The Troedyrhiw Boys & Girls Club, the linked charity has been included within these accounts, and has been separately identified.

16. | ULTIMATE CONTROLLING PARTY

| The Ultimate controlling party is the Trustees/Directors.

17. | GIFTS IN KIND

| Volunteer Time

| The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them.

|  | 2025 |  | 2024 |  |

| The number of hours contributed by volunteers in the year was: |  | 2,310 |  | 1,934 |  |

18. | GOING CONCERN

| The Charity is heavily reliant on the Service Level Agreements provided by Merthyr Tydfil County Borough Council and SLA's have been agreed to the 31st March 2027. Beyond this date continuation of the charity's operation will be dependent on further renewal of the SLA's.

| At present, there is no reason to believe the organisation will not continue as a going concern.