Charlty reglstratlon numb8r1108208 Company reglstretlon number 05341966 (England and Wales) ACCESSIBILITY POWYS LTD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 RCHII
ACCESSIBILIPI POWYS LTD CONTENTS Page T¥uslee5' repo¢1 Independent examiner's report S18tement of financial aclivilies Balance sheet Noles to the flnanclal slalements 9-18
ACCESSIBILITY POWYS LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees. who are directors lor the purposes of company law, present the annual report together wlth Ihe financial stalemenls of the charitable company for Ihe year ended 31 March 2024. Oblectlves and aciEvllles Oblects andalms The Charity's objeclives are to reliev8 the needs of dlsabled people, in particular, bul not exclusively, through the provision of informalion, Iraining and advice. Accessibility Powys does this through casework and advocacy, facllitation of disabled people's Access Groups and though ils digital inclusion project. Support, information, Iralnlng and advice may be offered lo disabled people and their families and lo the businesses and organisalions Ihat work with andlor provide services lo them. ObJ8cllves. str8f8g18S 8ndactiwties In this Financial Period, Accessibility Powys I'the Charity'} continued lo adapt and devèlop in response lo the needs of disabled people, including those conlinuing lo arise from the cosl of living crisis. Powys County Council whilst coming out of ils business continuity plan through the financial period., pressure on resources slill had a profound impact on services available lo disabled people. Th8 housing support granl from Powys County Council, has enabled th8 charity's digital inclusion project lo develop. The close partnership with Powys Libraries Service again this year has enabled us together to continue lo offer a devlce loan scheme wllh devices suitable for those wilh exlra accessibility needs. Tog81her we utlllze giftlng of both data and devices supported by Ihe Good Things Foundation. Oui support not only includes the provision of data bul assislance with Conneclivily in the home and alternative solutions. Most who are new to technology or have access needs requlre the ongoing help and support to gel onllne. The majority of other services offer telephone support only, the library can now provide Ihis supporl face to face for those who can access their local library, however for most vulnerable in our sociely, who cannot gel oul inlo their communities we are one of very few organizalions that offer Ihis support on an outreach basis to people in Iheir own homes. We secured a two year Nation81 Lotlery Cost of Living grant which wlll enable us lo continue to help plug the gap In seNices and affordable solutions. From November 2023 we started a new 18 month project, funded by Social Value Development Fund administered by PAVO- Skills Shawe- Empowering the disabled volunteer. We aim to work closely wllh the nelwork of volunleer centre delivery partners, promoting Ihe skills of people with disabilities, and the polenlial benefits of securing them as volunleers. This year we were successful In obtalning the Lloyds Foundation DPO fundlng, an unreslricled fund for DPO'S led by and working wilh disabled people. Worklng directly wlth Deaf and Disabled people over Ihe long term to support them lo have more choice and control over Iheir lives, access their rights and entillements and challenge the barriers they face. This lund has also allowed us lo access development services lo start the grouTbd work for improving the charlly for many years to come. We have conlribuled lo the delivery ol the numeracy levelling up agenda, through the ofler BSL Numeracy Sessions In conjunclion wlth our Powys Counly Councll cullural services partners. In line with our charitable aims we have continued to undertake case work & informal I non-statutory advocacy, working alongside dSs8bled people and seNice providers lo address situations where people are nol receiving the support and services they need. Our caseworf< includes work with beneficiaries who have parlicularly complex needs &lor are struggling lo access the seNlces they need. The work ranged from work arourbd educalSon servlces, housing, social care needs, medical needs, financial needs, social isolation. This has included intensive work to slabilise and move on some complex cases enabling the individuals lo be heard and live as independenl and fulfilled lives as possible. Enquiries and requests for access advlce on the physical envlronmenl continue lo grow, we support Ihese where capacity allows, Iravelling to all areas of Powys. The Awards for All funding from National Lottery allows us lo continue lo support Ihis. This flnancial year we were able lo find an affordable base in the hope we can conlinue and further our drop-in sessions & demo the equipment we have lo help the Ilves of our beneficiaries.
ACCESSIBILITY POWYS LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The b08rd has been strenglhened with the recruitmenl of a new Iruslee from April 2023. We would like to expres5 our Ihanks lo Kathryn Brooks for supporting the board throughout this period. We would like lo thank all those who have supported us financlally and though parlnerships enabling us to fulfil our charitable aims. We look foNard to their continued support and welcom8 new opportunities lo conlinue lo strengthen Ihe charily and ils offer. Publlcb8n8fit The lyuslees confirm that they have complled with the requirements of secllon 17 of the Charltles Act 2011 to have due regard lo Ihe public benefit guid8nce published by Ihe Charity Commission for England and Wales, Flnandal revl8W PolKyon reseryes It is the policy and alm of the charity lo maintain unreslricled funds, which are Ihe free reseNes of the charity, al a level which is approxlmately six months unreslricled expenditure. which equates lo approxlmalely £71,000. This provides suffici8nt funds to cover management and administration and support costs. At the balance sheet date, the free reseNes amounled to £85,936. Plans for fvlur8 P8ri0ds Alms 8ndkey 0¥149$ forfvlumperfods Organisalional development and resilience building in the charily is Ihe focus next year. The development and strengthening of our board, along wlth staff welfare is a prforfly. We will be working with the Lloyds Foundalion Ihrough ils development programmes and access lo specialisl advisors to produce a new flve year strategy and associated plans focusing on a sustainable future. We are worklng wlth partners and other agencies lo develop our offer and new chargeable I commlssionable bespoke servlces. Thls wlll be the groundwork for the development of a new long term strategy. We alm to secure our new premises as a demonslralion hub lor Ihe digilal solullons we loan beneficiarles, enabling them lo lead better Ilves. We will continue wilh our digital inclusion work, hope lo re-eslablish the Access Groups, and lo continue with our casework and advocacy. We are also keen to remain agile and to meet unmet need particularly around soclal isolalion, We aim lo build inclusion aclivilies such as volunteering and supported volunteering. We will also continue lo work lo better understand whal matters to disabled people and what are the barriers. Thè small size of the team and the limited funding we receive is acknowledged as a key risk lo Ihe Charity and as such we will seek to secure addillonal fundlng wilh a view to bulldlng the infrastructure requlred to lake the organisation fOard and lo build upon our existing offer.
ACCESSIBILITY POWIS LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Referen¢8 and Admln15tr8llve Detslls Charity Regislration Number.. 1108208 Company Regislralion Number: 05341966 The charily is incorporated in Wales. Regislered Office-. Unlt 201 Ystradgynlais Workshops Trawffordd Road Yslradgynlais SA9 1BS Independent Examiner. RCH Accounl8nls Limited Chartered Accountants Wellfi8ld House Temple Sireel Llandrlndod Wells LDI 5HG Trustees and officers The Ifuslees and officers serving duiing the year and since the year end were as follows; J H Davies ACDrew N A Flelcher (appointed 24 April 2023} A Jones T L Shaip Trustees..
ACCESSIBILITY POWYS LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Structure, govern8nc8 and management Natufft ofgov8mlng docun78nt Accessibility Powys is a regislered charity and a company limited by guarantee. Th6 maximum liability of each member is limited to 1 pound. Accessibility Powys is governed by ils Memorandum and Articles of Association. Accessibility Powys was incorporated as a Company Limited by Guarantee on 25 January 2005. The Charily commenced oper8lions in 2005. Recni1lnnt8ndappolnfM8ntoIlruS18eS Trustees, who are also Dlreclors of the Company, are recruited from the community and appolnted by the board of truslees. As a Disabled Person's Organisation {Ihat is an organisalion that is conlrolled by people with disabililyl 81 least 5110 of the board musl be people with a disability Inducllon 8ndtr8lnlng oflmstees N8wly appointed Trustees are provided with an induction lo Accessibility Powys and to the requirements and respon5ibilitiès of being a trustee. Org8nl&glionalslnKIurn Accessibility Powys is governed by ils Truslee Board whlch is re5ponslble for selllng ihe sliateglc direction of the organisation and the policy of the Charity. The Truslees carry the ullimale responsibility for the conduct of Accessibility Powys and for ensuring that the charity salisfies ils legal and contraclual obligalions. Trustees meet as a minlmum quarterly and delegate the day-lo-day operatlon of the organlsation to senior management. Rel8llonships wi'lhrelaledparties The Charily co-operates and lialses with a number of olher seNices, local charilies and soci81 services departments on beh81f of clienls. Where one of the Irustees holds the poslllon of trusleeldlreclor of another charity Ihey may be involved in discusslons regarding that olher charlty but not in the ullimale decision-making process. MaJorrtsk$ 8ndm8n8gem8ntof t1 rfsks Accessibility Powys has a risk management strategy and risk register agreed by the Trustee Board to monitor and miligale risk. The charity also holds relevant insurance policies. Flnanclal Inslwm8nts Objecbves 8ndpolicles The charity's aclivilies expose it lo a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of linancial derivatives is governed by Ihe charity's policies approved by Ihe board of trustees, which provlde written princlples on the use of flnanclal derivatlves to manage these risks. The charity does not use derivative financial inslrumenls for speculative purposes. Gash flowrfsk The charity's actlvlties expose il prlmarlly lo Ihe flnancial risks ol changes in foreign currency exchange rates and interest rates, The charity uses foreign exchange forward conlracts and inteiest rale swap conlracls lo hedge these exposures. Interesl bearing assets and liabilities are held at fixed rale lo ensure cerlainty of cash flows. Crndltrfsk The charity's principal financial assels are bank balances and cash, Irade and oiher receivables, and inveslments. The charily's credit risk Is primarily attributable lo ils trade receivables. The amounls presenled in the balance sheet are net of allowances for doubtful receivables. An allowance for Impalrmenl is made where there is an identified loss event which, based on previous experience, is evidence of a feduclion in the recoverability of the cash flows.
ACCESSIBILITY POWYS LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The credit rlsk on Ilquld funds and derivative financial instwments is limited because the counterparties are banks wilh high credit-ralings assigned by international credit-rating ag8ncles. The charily has no significant concentration of credit risk, with exposure spread over a large number of counterparties and cuslomers. Llquldltyrfsk In order lo maintain liquidity lo ensure Ihat sufficienl funds are available for ongoing operations and lulure developments, the charity uses a mixlure of long-term and shorl-term debl finance. Further delails regardlng liquldily risk can be found in the Statemenl of accounting policies in the linancial slalements. Stslement of Trustses Responslbllltles The Iruslees (who are also the directors of Accessibility Powys Lid for the purposes of company law) are responsible for preparing the Irustees, report and the financial slalemenls In accordance wilh Ihe United Kingdom Accounllng Slandards (United Kingdom Generally Accepted Accounllng Practice) and applicable law and regulations. Company law requir8s the trustees to prepare financlal statements for each financial year. Und&r company law the trustees must not approve the financial statements unless they are satisfied that they glve a Irue and fair view of the state of 8ffalrs of the charitsble company and of its incoming resources and application of resources. Including Its income and expenditure, for that period. In preparing Ihese financial statements, the Irusle8s are required lo.. selecl suitable accounting pollcies and apply ihem consislently: obSee the methods and princlples In the Charities SORP., make judgements and estimates Ihat are reasonable and prudent.. stale whelher applicable UK Accounting Slandards have been followed, subject to any m81erial departures dlsclosed and explalned in the financial stalemenls. and prepare Ihe financial slalements on the going concern basis unless it is inapproprialo to presume that ihe charitable company will continue in businegs. The trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the ch8rilable company's Iransacllons and disclose with reasonable accuracy at any time the financlal poslllon of the charStable company and enable Ihem to ensure Ihat the flnancial statement8 comply with the Companles Act 2006. They are also respDnsible for safeguarding the asset5 of the charilable company and hence for taking reasonable sleps for the preventlon and detection of fraud and other irregularilles. The annual report was approved by the Iruslees of the charlly on 12 November 2024 and slgned on Ils behalf by,. N Fletcher Trustee
ACCESSIBILITY POWYS LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACCESSIBILITY POWIS LTD I report to the trustees on my examination of the financlal statements of Accessibility Powys Ltd (the charity) for the year ended 31 March 2024. Responslbllltles and basls of report As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companie5 Act 2006 (the 2006 Act). Having satisfied mys8lf Ihal the financial statements of the charity are not requlred lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011 (Ihe 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) ofthe 2011 Act. Ind8P8ndent examlnerfs stst8ment I have completed my examination. I confirm that no matters have come to my attention in conneclion with the examination giving me cause to belleve that in any material respecl.. accounting rocords were not kept in respect of the charity as required by section 386 of the 2006 Act. or the financial statements do not accord with those records,. or Ihe financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement Ihat the accounts glve a true and fair view which is not a matter considered as part of an independènt examination; or the financial statements have nol b88n prepared in accordance with the m8thods and principles of the Statement of Recommended Practice for accounting and reportlng by charities applicable to charities preparing their accounts In accordance with the Financlal 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 wilh the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements lo be reached. fft.L.f4 RCH Accountsnts LlmSted M L Bam8s FCA FCCA Wellfield House Temple Streel Llandrindod Wells Powys LD15HG Dated.. 12 November 2024
ACCESSIBILITY POWYS LTD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricled Restricted funds funds 2024 2024 Total Unrestrfcted Rostrlcted fvnds funds 2023 2023 Total 2024 2023 Not8S Income from: Donallons and legacles Investments 46,870 192 145,889 192,759 192 17,270 47 144,088 161,358 47 Total Income 47,062 145,889 192.951 17,317 144,088 161,405 Charllable acllvllles 25,184 145,436 170,620 4,396 150,644 155,040 N8t Income 21,878 453 22,331 12,921 16,556) 6,365 Transfers between funds {861 86 Net movement In funds 21,878 453 22,331 12,835 (6,470) 6,365 Reconclllatlon of funds: Fund balances al 1 April 2023 85,938 30,008 115.946 73.101 36,478 109,579 Fund b8lance8 at 31 March 2024 107,816 30,461 138,277 85,936 30,008 115,944 The stalemenl of financial aclivities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
ACCESSIBILITY POWYS LTD BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Current 8ss8ts Debtors Cash at bank and in hand 10 32,054 108,602 15,321 103,158 140,656 118,479 Creditors: amounts falllng due wllhln on8 year 11 2,379 2,535 Net current assets 138,277 115,944 The funds of the charlty Restricted income funds Unreslricted funds 13 30,461 107,816 30,008 85,936 138,277 115,944 The company is enliiled to the exemption from the audit requirement conlained in seclion 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibllltles for complying wllh the requirements of the Companies Act 2006 with respect lo accounting records and Ihe preparation of financial statements. The members have not required the company to obtain an audit of Sts financial slalemenls for th6 year in question in accordance wilh seclion 476. These financial statements have been prepared in accordance with the provisions applicable lo companies sublect to the small companies regime. The financial slalemenls were approved by the trustees on 12 November 2024 N Fletcher Trust88 Company regislralion number 05341966 (England and Wales)
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢Unting pollcles Chartty Infomi8tlon Accessibility Powys Ltd is a private company limited by guaranlee incorporated in England and Wales. The regislered office is Unil 201, Ystradgynlais Workshops, Trawsflordd, Yslradgynlais, SA9 1 BS. 1.1 ACCOUnng conv8ntlon The financial slatements have been prepared in accordance with the charily's Igoverning documenll, the Companies Act 2006, FRS 102 "The Financial Reporting Slandard applicable in the UK and Republic ol Ireland" {"FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities: Sialement ol Recommended Practice applicable lo 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). The charity is a Public Benefii Entity as defined by FRS 102. The chaiity has taken advantage of the provisions in the SORP for charities not to prepare a Statemenl of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amDunls in these financial stalements are rounded lo th8 nearesl £. The financial statements have been prepared under the historical cost conventlon. The princlpal a¢¢ounllng polScies adopted are set out below. 1.2 Golng concem At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources lo conllnue in operational existence lor the foreseeable future. Thus the Iru5tees continue to adopt the going concern basis of accounting in preparing the linancial slalements. 1.3 Ch8rsiabl8 fijnds Unreslricled funds are available for use al the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject lo specific conditions by donors or granlors as to how Ihey may be used. The purposes and uses of Ihe restrlcled funds are set out in the noles to the financial stalemenls. Endowment funds are subject to specific condilions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally enlilled lo il after any performance conditions have been mel, lh8 amounls can b8 measured reliably, and it is probable that income will be received. Cash donalions are recognised on receipt. Olher donations are iecognised onco the charily has b8en notified of the donalion, unless perfDimance conditions require deferral of the amount. Income tax recoverable in relation lo donations received under Glft Aid or deeds of covenant is recognised at the time of Ihe donation. Legacles are recognised on receipt or othemlse if the charlty has been notilied of an impendlng distribution, Ihe amount is known, and receipt is expected. If the amount is not known, the legacy Is treated as a contingent asset.
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounllng policies 1.5 Expendllur8 Expendilure is recognised once there is a legal or constructive obllgalion lo transfer economic benefit lo 8 third party,11 is probable Ihal a transfer of econom1¢ benefits will be required in selllemenl, and the amount of the obligation can be me8sured reliably. Expenditure is classified by 8clivily. The costs of each acliviiy are made up of Ihe total of direct costs and shared costs, Including supporl costs involved in undertaking each aclivily. Direct costs altribulable to a single aclivity are allocated directly lo thal aclivity. Shared costs whlch contribule to more Ihan one aclivily and support costs which are not atlribulable to a single activlly are apportioned between those aclivliies on a basls consislent with the use of resources. Centr81 staff cosls are allocated on the basis of time spent. and deprecialion charges are allocated on Ihe portion of the asset's use. 1.6 Cash and cash equlvalents Cash and cash equivaler)Is include cash In hand, deposits held al call wlih banks, other short-term liquid Investments with original malurlties of three months or less, and bank overdrafls. Bank overdrafls are shown wlthln borrowlngs in current Ilabilllies. 1.7 Flnanclal Instruments The charlly has elected lo apply the provisions of Sectlon 11 'Basic Flnancial Instruments, and SeclSon 12 'Olher Flnanclal In51rumenls Issues, of FRS 102 to all of Ils flnanclal Inslrumenls. Financial instrumenls are recognised in Ihe charily's balance sheel when the charity becomes parly lo the conlraclual provisions of the instrument. Financial assels and liabilities are offset, with the nel amounts presenled in Ihe linancial slalemenls, when there is a legally enforceable righl to set olf the recognised amounts and there is an intention to sellle on a net basls or lo realise Ihe asset and setile the liabllily simultaneously. B8slcfln8ndalassets Basic financlal assets, which include debtors and cash and bank balances, 8re inilially measured at Iransaction prlce including transaction costs and are subsequently carried at 8mortised cost using the effective Interest method unless the arrangement constitutes a linancing Iransacllon, where the llansaclion is measured at the present value of Ihe fulure receipts discounted al a market rale of Interest. Financial assets classified as receivable wilhln one year are not amortised. B8$1¢ ffn8nc181118bilhies Basic financial liabilities, including credllors and bank108ns are inilially recognised al transaction price unless the arrangement conslitules a financing transaction, where the debt instrument is measured al the presenl value of the future payments discounted al a market rale of interest. Financial liabilities classlfied as payable within one year are nol amoriised. Debt instruments are subsequently carried al amorlised cost, using the effeclive inleresl rale melhod. Trade credltors are obligations to pay for goods or servlces thal have been acquired in the ordinary course of operallons from suppliers. Amounts Payable are classllied as currenl Ilabilities if payment is due wilhln one year or less. If not, they are presented as non-currenl Ilablllties. Trade creditors are recognised inilially at Iransacllon price and subsequenlly measured al amortised cost uslng the effeclive Inlerest method. D8r8cognilion offfn8nGl81118bi/itos Financlal Ilabllitles are derecognised when Ihe charlty's contractual obllgalions expire or are discharged or cancelled. 10-
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcles 1.8 Employee ben8fits The cost of any unused hollday enllllement is recognlsed In the perlod in whlch the employee's seNlces are recelved. Termin81ion benefits are recognised immediately as an expense when the charity is demonstrably commilted lo lerminate the employmenl of an employee or lo provide leminalion benefils. 1.9 Rellrèment b8n8fits Payments lo defined conlribution reliremenl benelil schemes are chargèd as an expense as Ihey fall due. Crltlcal acunI[ng estlmates and Judgements In the applicatlon of the charity's accounting pollcies, the trustees are requlred to make Judgements, eslimales and assumptlons aboul the carrying amount of assets and liabilities thal are not readlly apparent from olher sources. The estimates and associated assumptions are based on hislorical experience and other factors Ihat are considered to be relevant. Actu81 results may dlffer from these eslimales. The eslimales and underlying assumptions are reviewed on an ongoing basls. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affecls only that period, or in the perlod of the revlslon and future periods where the revislon affects both current and future periods. Income from donallons and leaacles Unrostsicted Restrfcl8d funds ftjnds 2024 2024 Total Unre$tii¢ted R8strfct8d funds funds 2023 2023 Total 2024 2023 Donailons Granls 1,870 45,000 1,870 190,889 2,090 15,180 2,090 159,268 145,889 144,088 46.870 145,889 192,759 17,270 144,088 161,358
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Incoma from donations and leuaci8S Unreslrfc18d Restricted fijnds funds 2024 2024 Tolal Unr8Strfct8d R8Strlct8d nds nds 2023 2023 Total 2024 2023 Grants Powys County Council Houslng Support Grant Nalional Lollery PAVO PCC Shared Prosperity Fund PCC UK CRF Dlgllal Hub PAVO UKCRF Locality Grant Edward Gosling PCC Shared Prosperity Fund Dlgital Hub National Insurance EmploymentAllowance Lloyds Bank FoL¢ndation Powys Shared Prosperlty Fund- Numbers Up 68,000 46,788 27.301 68,000 46,788 27,301 68,000 45,720 16,993 68,000 45.720 17,173 180 200 3,802 200 3,802 9,373 9,373 5,000 5,000 15,000 15,000 5,000 5.000 5.000 25,000 5.000 25,000 5,000 5.000 3,800 3,800 45,000 145,889 190,889 15,180 144,088 159,268 Incom8 from Inv8Stm8nts Unrestrlcted Unr8Strtcted funds funds 2024 2023 Inlerest recelvable 192 47 12
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on charitabl8 8Ctivitles Charftabl8 Charflabl8 expenditure expendtiure 2024 2023 Direct costs Staff costs Direct cosls 103,969 34,332 81,450 38,921 138,301 120,371 Share of support and Govemance costs (see note 6) Support Governance 30,519 1.800 32,861 1,808 170,620 155,040 Analysis by fvnd Unreslricled funds Reslricled funds 25,184 145,436 4,396 150,644 170,620 155,040 Support costs allocat8d to actlvltl8S Total 2024 Total 2023 Establishment costs Office expenses Prinling,post8ge and slalionery Travel and subsistence Training AccoLtntancy Adv8rlising Bank charges and Inleresl Professional fees Governance 4,421 1,856 217 8,549 1,230 913 4,935 66 8,332 1,800 3,872 1,696 9,763 180 624 5,400 60 11,266 1,808 32,319 34,669 13-
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Support costs allocated to activit188 2024 2023 Gov8mance costs compdse,, Independant examiner lees Trustees expenses 1,800 1,770 38 1,800 1,808 Trustee5 None of the Iruslees lor any persons connected with them} received any remuneration or benefits from Ihe charity durir)g the year other than dlrecl relmbursed expenses of £38. Employees The average monthly number of employees during the year wa5-. 2024 Number 2023 Number Average staff numbers Employment costs 2024 2023 Wages and salaTles Social security costs Olher pension costs 94,778 7,298 1,893 77.861 1,521 2,068 103,969 81,450 There were no employees whose annual remuneralion was more than £60,000. Remun8ratlon of key management personnel The remuneration of key management personnel was as follows.. 2024 2023 ChSef executive officer- tolal employee beneflls 33,712 33.712 Taxatlon The charity is exempt from laxalion on ils aclivilies because all ils income is applied for charitable purposes. 14-
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10 Debtors 2024 2023 Amounts falllng du8 w51hln on8 year: Trade debtors Prepayments and accrued income 17,000 15,054 200 15,121 32,054 15.321 11 Credltors: amounts falllng due wllhln one year 2024 2023 Trade creditors Accruals and deferred income 180 2,199 2,535 2,379 2,535 12 Retirement b8n8fit sthemes 2024 2023 Defined contrfbutlon Schemes Charge lo profit or loss in respect of defined conlribulion schemes 1,893 2,068 The charity operates a defined contributlon pension scheme for all qualifylng employees. The assets of the scheme are held separately from those of the charSty in an independently administered fund. 15-
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13 Resiricted funds The reslricted funds of the charily compris6 the unexpended balances of donations and grants held on trust subject to specific condilions by donors as to how they may be used. At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 Sports Powys Communily Chest PAVO SVDF Data Project Powys CC UK CRF Digital Hub Powys CC Housing Support Grant National Lottery Community Fund National Lottery Awards for All National Lottery COL Powys CC Shared Prosp6rily Fund - Numbers Up 1,270 1,270 5,121 155 1,642 27,301 (22,180) 155 1,642 68,000 (68,000) 26,941 {26,948) {1,5001 123,126) (7) 8,200 13,962 9,700 37,088 3,800 (3,682) 118 30,008 145,889 1145,436) 30,461 Prevlous year: At 1 Aprll 2022 Incomlng r8sources Resources exp8nded Transfers At 31 March 2023 Sports Powys Community Chest PAVO SVFD Fund Data Project Powys CC UK CRF Digilal Hltb Powys CC Houslng Support Grant National Lotlery Community Fund Powys CC Shared Prosperity Fund PAVO UKCRF Locality Grant 1,270 1,270 16,993 (16,993) 155 1,642 155 1,642 3,802 (3,802) 68,000 (68,086) 86 33,411 45,720 {52,190) 26,941 200 9,373 (200) 19,3731 36.478 144,088 (150,6441 86 30.008 16-
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13 Reslrlctad funds The specilic purpose5 for which the funds are lo be applied are as follows.. Sports Powys Communlty Ch88t - funding lo organise walking football sessions in Brecon for people with disabilitles, including Ihe cost of coaching and equipment, funding has been rolled over until it is safe lo operale such sessions in Ihe lighi of Covid19 restriction. PAVO Soclal Value Forum Development Fund- Skill Sharing for all - empowering disabled volunleers. Dala Project- lowards data for clients. Powys CC UK CRF Dlgltal Hub - funding towards joint work on Ihe UK CRF Digital Community Hubs Prolect. Powys County Coundl Houslng Support Grent- speclalisvsupport and digilal inclusion. Natlon81 Lottery Communlty Fund - People and Places - funding towards the digilal inclusion prolect. Natlonal Lottery Awards For All- Improving access Natlon81 Lottery COL- People and places- supporting disabled people traverse the Cost of Livlng crisis Powy8 CC Shared Prosperfty Fund NumberJ up- lo support inclusive numeracy activities in Libraries. PAVO UKCRF Locallty Gr8nt- funding towards a scoping exercise inlo inequalilies ol access within Powys 14 Unrestrlcted funds The unreslricted funds of the charity comprise the unexpended balances of donations and granls which ere not subject lo specific condilions by donors and grantors as to how they may be used. These include designated funds which have been sel aside out of unrestricted funds by Ihe trustees for specific purposes. At 1 Aprll 2023 Incomlng resources Resourc8S expended Transfer8 At 31 March 2024 General funds 85,938 47,062 125,184) 107,816 Pr6vlous year: At1 Aprl12022 Incomlng tesources Resources expended Transfers At 31 March 2023 General lunds 73,101 17,317 (4,396) 186) 85,936 17-
ACCESSIBILITY POWYS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15 Analysls of n8t assets belweèn funds Unr8strlcted funds 2024 Restrlcted fijnds 2024 Totsl 2024 At 31 March 2024: Current asselsllliabilllies) 107,816 30,461 138,277 107,816 30,461 138,277 Unrestrfcted lunds 2023 Resiricted funds 2023 Totsl 2023 At 31 March 2023: Current asselsllllabililles) 85,936 30,008 115,944 85,936 30,008 115,944 16 Related party tr8nsactlon3 There were no disclosable related party transactions during the year12023 - none), 18-