for the Period Ended 31 October 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 October 2025
Directors
The director shown below has held office during the whole of the period from
22 October 2024
to
31 October 2025
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2025
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 October 2025
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for the Period Ended 31 October 2025
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The company’s activities have provided benefits to the residents of the town of Newcastle Emlyn and the surrounding area. In particular (without limitation) to: Fostering and supporting practical action and events aimed at building a resilient, thriving, inclusive community in Newcastle Emlyn and its environs. Supporting actions that reduce the impact that the community has on both the local, and global environment. Been guided and inspired by the framework of the Wellbeing of Future Generations Act (2015). The ventures, projects and activities delivered in this financial year have resulted in 3 part-time employment posts, and involve approximately 61 volunteers. The company’s activities have provided benefit to all sections of the local community. Specific activities during the financial year 2024 to 2025 include: Running a Community Fridge (open twice a week to the public) to reduce food waste and food-poverty, and encourage community engagement. This ongoing project has resulted in 5,669 kg of food being saved from landfill in the financial year. Running a Library of Things (open twice a week) which include a range of practical tools that can be accessed by the community for low rates, reducing our environmental impact by sharing rather than purchasing and enabling equitable access to all sections of the community. This ongoing project has resulted in 76 rentals of equipment in the financial year. We are seeing slow but consistent growth of uptake. Running a bi-monthly Repair Cafe focused on encouraging repairing rather than sending to landfill. 150 items were brought to us, (vacuum cleaners, radios etc) of which 2/3 (99) were repaired. This project is entirely volunteer run. Provided funded community sessions on both Tir Felin Y Comin and Dan Yr Helyg Community Gardens. Some have been run by another local CIC, Blue Green Cymru on our behalf and were attended by specific invited disadvantaged groups only. Whilst the Repair Cafe is self-financed from donations, the other above activities have been financed by An Awards for All National Lottery Grant (£20,000 over 2 years of which this is year 1), a Hubbub Grant for one year of £4,500 and £1,890 from a Carmarthenshire County Council, Circular Economy Grant. In spring 2025, Cadernid hosted three public consultation sessions to help decide on how best to spend a Co-op Community Fund grant award. (£3,975). This resulted in the below 3 activities: One Community Food event which provided a chance for the community to come together and share a meal. The event was aligned to another family friendly community event (Gwyl Fach Newy) in which we also participated. The event was entirely run by volunteers. We provided a total of 96 meals on the day plus surplus meals were frozen and redistributed through the Community Fridge. Started a trial of monthly Community Film Matinees, working with the local Attic theatre and Capel Iwan Village Events providing low-cost screenings of popular, family films. This is likely to become a regular monthly activity. Started in May 2025, a fully functioning Youth Group (ClwbKAOS) was built from scratch (with its own dedicated branding, structure, policies, and management). It has 18 registered volunteers providing weekly 4 hour “youth club” sessions to over 100 registered secondary school youths. Funding applications are underway to ensure ClwbKAOS becomes a permanent fixture in the town, including for paid lead roles. During the same public consultation sessions in spring, a small team of volunteers was assembled to apply for the Sustainable Communities SC2 Grant (funded through the UK Shared Prosperity Fund (UKSPF) and administered by Carmarthenshire County Council). This application was successful, will be completed by the end of January 2026 and can be summarised as: An award of approximately £29k To undertake a feasibility study delivered in January 2026, which would assess 3 ventures: Transforming/renovating the dilapidated Neuadd Emlyn Hall into a multifunctional community hub with spaces for youth, older adults, business start-ups, workshops, and events. Providing safe and convenient access to the river for the community to use for water-based activities such as paddleboarding, river-swimming, etc. Working to preserve the legacy of the Newcastle Emlyn Powerhouse. Exploring its potential to be repurposed as a visitor attraction, and for generating green energy for community use. Further to the above successful activities, the below two ventures are in development: Following receipt of a grant from Carmarthenshire County Council for £3000, a Community Garden is being developed in the originally very overgrown garden behind Ty Rebecca (the location of both the Community Fridge and Library of Things) in the centre of Newcastle Emlyn. It is intended that this will provide a space for both people and nature, is wheelchair accessible and will be open to the community 7 days a week. We aim to be open in Spring 2026 following more fundraising to enable some remedial work to a fallen and leaning wall. Caderind are in the early stages of negotiating a lease with the land owner of the site where Tir Felin Y Comin Community Garden is sited in Drefach Felindre. Cadernid currently funds one part time employee (7 hours a month) to co-ordinate a monthly volunteer community gardening session to support the small growing volunteer community there
Cadernid stakeholders can be considered as any person who frequents Newcastle Emlyn or any of our projects; those who live or work here or in the surrounding villages. We have held 4 public meetings including our AGM this year to seek the opinions of the public to help determine and shape our projects. These meetings have been advertised by physical signage, in the local areas and on digital platforms. The digital platform advertising is measurable and often has a significant outreach (3000+ engagements for our most popular post). We regularly undertake anonymous surveys of our service users by distributing feedback forms at the close of some events to determine what went well and what we could do better. We have many repeat service users. At 4 public events this year we have asked the public for feedback on what else they would like to see happening in the area. Cadernid, the Newcastle Emlyn Repair Cafe and ClwbKAOS Youth Club all have Facebook pages. Cadernid also has an Instagram page.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
26 November 2025
And signed on behalf of the board by:
Name: Joe Rees
Status: Director