Ch•rfty Mol8trdon nuntsr1108208 (England and Wo188) ACCESSIBILITY POWYS LTD Annual Report and Unaudited Financial Staiements For the Year Ended 31 March 2025 RCHII *AECR5TLN* 0811012025 COMPANIES HOUSE A11 ACCESSIBILITY POWYS LTD Contents Trustees. report Independent ex8minerfs report Statement of financial aclivili88 8alance sheet Notes lo Ihe15nanclal statements 10-19 ACCESSIBILITY POWYS LIMITED Truste8s Report (Includlng Dlre(*ors' Report) For tho Year Ended 31 March 2025 The trustees, who are directors for the purposes of company law, present ihe annual report together wSth the financial statements of the charitable company lor the year ended 31 March 2025. Objth end gcllvlll•• The Chafity's objecllves are to relieve the needs of dlsabled people, In partlcular, but not exelusivety, through the provision of information, training and advice. Accessibility Powys does this through casework and advocacy. faciliiation of disabled people's Access Groups and Ihough its digital inclusion project. Support, inlofmation. training and advice may be offered to disabled people and their families and lo Ihe businesses and crg8nlsalSons that work with andlor provide services to Ihem. In this Financial Period, Accessibility Powys {Ihe Charity.) as 8 DPO contlnues to promote awareness of the social model of disability which describes people as bèing disabled by barriers in socieiy, not by their impairmenls. We collaborale wlth and bring together disabled people lo Idenlify and recognlze the barrlers, dlscrlminatlon and Inlu51ices they face. We work togelher to challenge and remove these barriers alming io create equalliy, offer dlsabled people more Independence, cholce and conlrol over Iheir Ilves. We continued to adapt and develop in response to the needs of disabled people, including those conllnuing to arise from the cost￿-ll¥1ng crisis and pending welfare benefit changes. Disabled people have been disproportionately 8ffecled by these rising costs and decreasing income. Frequenlly our beneficlaries have experiénced Iheir benefils èntitlemenis being tsken away and we have had io support Ihem emoiionally 8nd praetieally io fight to get them back. Powys Couniy Council continued to lac8 great pressure on resources having a profound impact on services av8ilable to disabled people and becoming heavily reliant on Ihe Ihird seclor lo plug the gaps. Our Natlonal Lottery cost of living granl has continued to enable us to plug these gaps. Whilst welcome this will not extend to the end ol th8 next financial period making il a short term solution to what is a continuing crisis. We continue io have a successful working partnetship vAlh Powys Libraries Service. Cultural ser¥ices Sha￿d Prosperity fijnding and our Housing support gr8nl has enabled us logether to coniinue io offer a device loan scheme wlth devlces sultable for Iho$e wlth exlra accessiblllty needs and the charlty's dlgllal Incluslon prolecl to develop. Together we utilize gif￿ng of both data and devices supported by the Good Things Foundation. Our supporl not only includes the provision of data bul assistance with Connectivity in the home and 81ternative solutions. Most who 8re new to leehnology or have access needs require th8 ongoing help and support lo get online. The malorlty of other services offer lelephone supwrt only, the library can now provlde this support face to face for those who can access their local library, however for most vulnerable in our society, who cannoi get out into their communilies we are one of very few organizallons that offer thls support on an outreach basls lo people In Ihelr own homes. Our service has expanded lo offer a range of demonstration and loan devices enabling reading solution5 for Ihose with visually impairmenls or reading challenges. Requesls from other statutory services lo asslsl theli clienls wlth 8ccesslng Ihelr digllal only services h85 grown b ul fundlng Is currently nol following thesè requests for a5SiStance. We will continue to challenge Ihese services who are excluding a vulnerable disabled populalion from access lo Heaiih care. We also conllnued wilh our projecl, funded by Soclal Value Developmenl Fund admlnlstered by PAVO- Sklll$ Share - Empowering Ihe disabled volunleer. This project demonstrates that people wilh disabililies have skills Ihal they can share and use to benefrt olhers IF they are given Ihe opportunity. The dyads of two disabled people, supporting one another led lo successful mulual support in addr(ion to disabled people foming fnendships they never thought they viould have outside their norm81 circles. This project faced marsy barriers and prejudices. Following the negative attiludes of volunteer placements lo take on disabled people, we seized an opportunity or disabled people lo lum ihe negative into a positive: using their skills and talents to volunteer iogeiher and co-produce an inclusive Christmas Fayre. This was well received by the local ommunity and those involved wilh feed such as °it was a wonderful a114ndusive atmosphere we would love to see It repeated. Can I congratulate all involved" W8 are se8king future fundlng opportunltle51o challenge these attlludes. educaling people. disp811ing myths and giving disabled people equality of access to volunteering. Followlng our award from the Lloyds Foundation DPO funding (an unrestricted fund for DPO'S led by and worf(ing with dlsabled people.) We have tsken every opportunity access their developmeni seNices and slrengihen our foundations as a DPO lo enable us 10 plan and move forward wilh our next organizational developmenl slrategy. It has enabled us to upskill our staff and improve Ihe effi.ciency of our financial processes. This is a cruci81 loundation ACCESSIBILITY POWYS LIMITED Trustees Report (Includlng DlrertOTS' Report) For the Year Ended 31 March 2025 to our future financial modeling Bnd sustatnability. We have also been able to particSpate in a re5idenllal tradlng and sustainability programme, funded by Lloyds Foundalion, provided by The School For Social Entrepreneurs. This had outlined ihe steps we neèd io take to thrive. nol just suNive. Lloyds Foundation continues to support us in this journey bolh financially and through18aminglsupport. This is unique to this funder; we would like to thank thèm for this approach and support. In August we were awarded the PAVO Nurneracy 2- Making a difference in Powys granl. Throughout September. October and November we held sessions lor our beneficiaries lo build Confidence in numbers. eovering areas of independent living skills from grocery shopping. urKler5tanding and managlng bills, meal planning and cooking and offering an opportunity 10 come iogelher to meet oihers in a safe environrnenl. This was well received and our beneficiarias have ￿entIfied and v41sh to do more of these seswons, co-produced to their specific issues or berriets. In November 2024 we were successfvlly awarded a capital only grant through the Electrtc Vehlcle Active Travel Fund. That enabled u5 to purchase an EV Minibus with tail lift that could accommoda18 2 wheelchairs plus 7 passengers. Our 8im is lo pilot an on4emand transport solution for disabled people in a defined area which will enable them to link to their communities, services and main Iransport hubs for onward journeys. Our service will be an addillon to the current provision, not a duplication of currenl community transport solutions where disabled people will be slgnposled to if they exist. However, the vehicle had a series of major laults, resulting in a lengthy perlod ol time back al Ihe workshop, leaving a delay in starting of any pilot programme io the next financial year. At Ihe end of the financlal perfod we were able to undert8k8 a commlssioned plece ol work for Ihe PTH8 scoplng the training and devalopmenl needs of Car8rs capturing some of those hidden lo previous work. This was highly praised, and we look forward to working with all involved on Ihe recomrnendalions goino foNard. Accessibility Powys has built 8 relotlonship with Vision Aid Technologies - 8n indepandeni UK f8mity business that provides solulions to as51St thosè with sgnsory10ss or with reading challenges. This relationship has led lo us helping many people who come to us for advice and assislance ihrough demonstration equipment and loans. Vision Aid have also supported us by to attendlng our events Ihroughout the counly brlnging Solutlons nearer lo the people. In line wilh our eharitsble aims we have continued to undertake 1 '.1 cas8 Work & inlomial I non-slatutory advocacy, working alongside disabled people and service providers lo address situations where people are not receivlng the support and servlces they need. Our casework includes work wlth beneficiarfes vtho have partlcularly complex needs &lor are siwggllng to access the servlces thèy need. The work ranged from wotk around education Se￿l¢e5, houslng. social care needs, medical needs, financial needs, soc181 Isolatlon. Thls has included intensive work lo slabilise and move on sorne complex cases enabling the individuals to be heard, have informed choices and live as independent and fulfilled lives as possible. The financial dimate and welfare benefits changed has m8antvft have had 10 help disabled peotAe flghi and challenge the system lo get ￿al they have aright lo. Enquiries and requests for access advlce on the physical environment wntinue to grow, we support these where capacity allows, Iravelllng lo all areas of Powys. The Awards for All fundlng from Natlonal Lollery Ihat funded this work is coming to an end and future funding OPPOrtunilies are very limited for the type of work. We would Ilke to Ihank all Ihose who have supported us financially and though partnefshlps enabllng us to luifil our charitable aims. We look forward io Iheir continued support and welcome new opportunilies to contlnu8 10 strengihen ihe chariiy and its offer. The trustees confimi that they have complled with the requirements of Section 17 of the Charllies Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. ACCESSIBILITY POWYS LIMITED Trustees Report (Includlng Dlrector8' Report) For the Year Ended 31 March 2025 Flnandd rnvlthy It is the pollcy and aim ol the charlty to maintain unrèstricted lunds. which are the free reserves of the charily. at a level which is approxlmaiety six months expendilure, whlch equaies to approximalely £77,000. This provides sufficieni funds lo cover managernenl and administration and stsppon costs. Ai the balance sheei dale. Ihe f￿e resetves amounted lo £148,630. Plfim forfirtura wlod8 Oroanisational development and resillence building In the charity is sllll the focus next year. Securlng funding.the dèvelopment and strengthening of our board, along wilh stsff welfare is 8 priority. We are still working with the Lloyds Foundation through its development programmes and access io specialist advisors lo produce a new five year strategy and associated plans focuslng on a sustainable future. We are w0￿1ng wth pather5 and otheragencies to develop our offer and new chargeable I comrnissionable bespoke services. Thls will be Ihe groundwork for the development of a new long term slrategy founded on sustainability. We will continue with our digilal inclusion work. Individual 1..1 casework lounded on fomied trusted long temi relalionships. weffare checks, group activilies and events. We are looking lo reconfigure our pre covld groups, In line wllh the need lor hybrld meelings end Ihe brlnging together of disabled people around themes and barriers lo enable collective challenge and a move afflrmed by the board to enable better campaigning for disabled people'5 righls. We are also keen to remain agl18 and able wlthin fundlng constr8ints to meet unmet need and coniinue to plug the 98ps in services. The small slze of th8 team and the Ilmlled lunding we receive Is acknowledged as a key risk to the Ch8rlly and 88 such we will seek to secure addilional funding with a vlew to building th8 infrastructure required to take the org8nisation forward, succession p18n and to build uponlstrenglhen our existing offer. ACCESSIBILITY POWYS LIMITED Trustees Report {Indudlng Dlrectorn. Report) For the Yoar Ended 31 March 2025 Roferonc• dftd Admlnl•ty•¥v• D•l•ll• Charity Registration Number: 1108208 Company Registralion Number: 05341966 The charity is incorporated in Wales. Registered Office.. Unit 201 Yslradgynlais Workshops Trawffordd Road Ystradgynlais SA9 18S IrKlependent Examlner; FICH Accountants Limlted Chartered Accountants Weiifield House Temple Street Llandrindod Wells LD15HG The truslees and officers seNlng during the year and since the year end were as follows.. Tru51ees'. J H Daviès ACDrew N A Fletcher A Jone5 T L Sharp ACCESSIBILITh POWYS LIMITED Trust883 Report (Indudlng Dlredors, Report) For the Year Ended 31 March 2025 Stru(*ire. gmmonco and management Accessibilily Powys is a registered charFty and 8 company limited by guarantee. The maximum liability of each member is limited to 1 pound. Accesslbility Powys is govemed by Its Memorandum anLI Artlcles of Assoclalion. Accessibilbly Powys was incorporated as 3 Cornpany Limited by Guarantee on 25 January 2005. The Charlty commenced operalions in 2005. Tnjslees, who are also Directors ol the Company. are recnjited from the community and appointed by the board of trustees. As a Disabled Person's Organisation (that is an organisation that is controlled by people with disability) at least 51% of the board must be people wilh a disabllity Nevly appointsd Trustees are provided wilh an Induction to Accessibility Powys and to Ihe requirements and reswnsibiliiies of being a Injstee. Accessibillty Powys is govemed by Its Trustee 8oard whlch is re8ponslble lor setling the slrategic direcllon ol the organisation and the policy of the Charity. The Trustees carry the uttimate responsibility for th8 conducl of Accessibility Powys and for ensuring ihal Ihe charity satisfies ils legal and conlfaclual obligalions. Trustee$ meet as a Minimum quarterly and delegale Ihe day-lo-day operalion of the organisalion to senior management. The Charity Cowoperales and liaises wilh a number ol other services. local charities and social services departments on behalf of clients. Wherè onè of the trustees holds the position of Ifusleeldireclor of another charlty they may be involved in discussions regardino Ihai other charity bul not in the ultimate decision-making process. Acce5s1bility Powys has a risk management strategy and risk register agreed by the Trustee Board to rnonttor and mitigate risk. The charity a150 holds relevant insurance policies. Fln•nd•l Irb•trurn•nts The charity's activities 8xpose it to a number of financial rlsks including credit risk. cash flow risk and liquidity risk. The use of financial derivatives 15 govemed by Ihe charity's policies approved by the board of trustees, which provide written principle$ on Ihe use ol financial derivalives to manage these rlsks. The charity does not usè derivalive financial insirumenis for speculative purposes. The chaiity's aciivilies expose il Pfirnarily to the financial risks of changes in forèign currency exchango rates and interest rates. The charity uses foreign exchange fornard contracts and interest rate swap contracts io hedge Ihese exposures. Interest begring assets and Ilabilitles are held al flxed rale to ensure certalnty of cash Ilows. The charity's principal financial assets a￿ bank balances and cash, trade and other receivables, and investments. The cha¢ity'$ Lyedit risk is primarily atlribulable lo ils trade receivables. The amounts presented in ihe balance sheet are net of allowances lor doubtful ￿e1vableS. An allowance for impairfflent is made where Ihere is an Idenlffjed loss event which, based on previous experience, is evidence of a redudion in the recoverabillty of Ihe ACCESSIBILITY POWYS LIMITED Trustses Report (Indudlng Dlrectors. Report) For the Year Ended 31 Marth 2025 cash flows. The credit risk on liquid funds and derivative financial Instwmenls is limited because th8 counterparties are banks wilh high credil-ratings assigned by international credit-rating agencies. The charity has no significanl concenlralion of credit rssk. wilh exposure spread over a large numbgr of counterparties and customers. In order to mainiain liquidity to ensure that sufficieni funds are available lor ongoing operations and future developm8nts. the charty uses a rnixture of long-teim and short-tem) debt finance. Further details fegardlng liquidity risk caft be lound in the Ststemenl of accouniing pollcies ift the financlal statements. 8tatwnollt olTIugteo8' Rwslbllltt•• The twslees (vtho are also the dlreclors of Accessiblllty Powys Ltd for the purposes ol company law> are responsible for preparing the Irustees, report and the financial slalements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulalionB. Company law ￿qUireS the tNstees to prepare financtal statements for each financial year. Under company law the trustees must nol approve the financial slalemenls unless Ihey are sali5fied that they give a true and fair view of the stale of gffalrs of Iho ch8rll8ble company and ol Ils Incomlng resources and applicalion of resources, In¢ludlng Ils incom8 and expendituie, for thal period. In preparing these financial slalements, th8 trtsstees are required to.. s•l8ei suitable aeeounling policies and apply them consisièntly: observe the methods and principles in the Charilies SORP., make iudgemenis and estimales ihat are reasonable and prudenl; stale whether applicable UK Accounting Slandards have be8n followed, subjed lo any materfal departures disc105ed and ex￿aIned in the financial 51atemenls; and prepare Ihe financial stal8monts on the aoino concfim bas15 uThless11 Is Inappropriate lo presume Ihal Ihe charitable company will continue in business. The trustees are responsible for ke8plng adequate accountirtg record$ Ihal are sufflclent lo sttow and explaln the charilable companrfs tran5actlon5 and disclose with reasonable accuracy at any time the financlal position of the Charitable company and enable them to ensure that the financial statements Comply with the Companies Act 2006. They are also responsible for safeguarding the assets of th8 chariiab18 company and hence for taking reasonable steps for the prevention and detection of fraud and olher irregularlti8s. The annual report was approved by the Iruslees of Ihe charity on ?0,07.asand signed on its behalf by: N Flelcher Truslee ACCESSIBILITY POWYS LTD Independent Examiner's Report To the Trustees of Accessibility Powys Ltd I report to the trustees on my examination of the financial statements of Accessibility Povrys Ltd (the charity) for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparalion of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination. I report in respect of my examinati)n of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. Independent ex8minè¢s statement Since the charity's gross income exceeded £250,000, the independent examiner musi be a member of a body listed In section 145 of the Charities Act 2011. 1 confirm th8t l 8m qualified to undertake the examination because l am a member of the ICAEW, which is one of the listed bodies. I have completed my examination. I confirm Ihat no matters have come lo my attention in connectlon with Ihe examination giving m8 cause to believe that in any malerial respecl.. accounting records were nol kept in respect of the chariiy as required by section 386 of the Companies Act 2006. the financial statements do not accord with those records., or the financial slalements do not comply with the accountlng requirements of section 396 of the Companies Act 2006 other than any requirement that the financial ststements give a true and fair view. which is not a matter considered as part of an independent examination: or the financial stalements have not been prepared in accordance wlth Ihe methods and principles of the Statemenl ol Recommended Praclice for accounling and reporting by charilies applicable to charities preparing their financial statements 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 connectlon with the &xaminatlon to vthich attention should be drawn in this report in order lo enable a proper understanding of the financial stalements lo be reached. M L Barnes FCA FCCA RCH Accountants Llmlted Wellfield House Temple Stre81 Llandrindod Wells Powys LD15HG 30 September 2025 ACCESSIBILITY POWYS LTD Statement of Financial Ac11￿tieS Induding Income and Expanditurn Account For the Year Ended 31 March 2025 Totsl fiJnd8 nds 2025 In¢xxM from: Donalions and legacies Other trading aetivilies Inve8lmenis 46,192 1,009 186 253,958 300.150 1,009 186 46,870 145,889 192,759 192 192 Tolgl Inco 47,387 253,958 301.34S 47,062 145,889 192.951 Expendlture on: Charitable activities 6.573 147,908 154.481 25.184 145,436 170.620 Tolal •yp•ndlkn 6,573 147,908 154,481 25,184 145,436 170.620 N•1 Income and movwmnt In nd 40,814 106,050 146,864 21.878 453 22.331 R•condllallon ol Ilmd Fund b8lance5 at 1 April 2024 107,816 30.461 138,277 85.938 30,008 115.946 Fund bftlan￿ at 31 M•rth 2025 148,630 136,511 285.141 107.816 30.461 138,277 The statement ol financlal 8etivitièS includes all 08lns and losses recognlsed in the year. AJI income and expondilure derive from conts'nuing activille5. ACCESSIBILITY POWfS LTD Balance Sheet As at 31 March 2025 2026 2024 Tangible assets 11 77,601 Deblors Cash al bank and in hand 12 45,838 164,419 32,054 108,602 210,257 140.656 cred110r￿ amounts falllng du• **hln ono 13 (2,717) (2.379) N•t ojnwrt a•80ts 207,540 138,277 Tolal IM• curr￿1 ll&bllltt•• 285,141 138.277 Th8 fvnd8 ofthg ¢harfty Restricted Income funds Unreslricted funds 15 16 136,511 148.630 30,461 107,816 285,141 138,277 The company is enlitled to Ihe exemption from the audit requirement con18ined in section 477 of the Companles Act 2006. for Ihe year ended 31 Mavch 2025. The directors acknowledge their responsibilities for complying with th8 requirements of the Companies Act 2006 wllh resped to accountlng records and the preparatlon of financial statements. The mernbers have not r8qulr8d the company to obtain an audit of its financial stalements for the year in question In accordance wlth sectlon 476. Thes8 fin8ncl81 statements have been prepared In 8ccordanc8 With Ihe provislons appltcable lo companies subject to the small companies reglme. "30: 0.?.: IS The financial stslements were approved by th8 trustees on ...... N Fletcher Tru819• Company registralion number 05341966 (England and Wales) ACCESSIBILITY POWYS LTD Notes to the Finanaal Statements For the Year Ended 31 Marth 2025 Accessibilily P¢)wys Ltd is a prlvate company limited by guarantee Incorporated in England and Walès. The registered office is Unli 201. Ystradgynlais Workshops. Tfawsffordd. Yslradgynlais, SA9 1 BS. 1.1 Accountlng omvoniion The financial statements have been prepared in accordanc8 with the charlvs goveming document. Ihe Companies Act 2006, FRS 102 "The Financial Reportin9 Standard applicable in the UK and Flepublic of Ireland" and the Charliies SORP 'Accounting and Reportlng by Charities.. Slalemenl ol Recommended Practice applicable to charities preparing th8ir accounts in accordance with ihe Financial Reporting Standard applicable In the UK and Republic of Irelalld (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has laken advantage of the provSsions in the SORP for charilies not to prepa￿ a slatemenl of cash flows. The linancial statements are prepared in sterling, which is the lunctional currency of the charity. Monetary amounts in these financial statements are rounded to Ihe nearest £. The financial slatements have been prepared under Ihe historical cosl convention. The princlpal accounling policies adopted are set out below. 12 Golng (*nc¢m At the tirne ol approving the financial statements. the trustees have a reasonable expethtion that the charity has adequale resources lo contlnue in operational exlstence for the foreseeable fulure. Thus th8 trustees conllnue lo adopt ihe going concern basis of accouniing in preparing ihe financlal slatemenls. 1.3 Chartiabla frJnd• Unrestricted funds are 8vellable for use at the dlscretion of the trusteos In furtherance ol Ihelr charitsble objectives. Restricted lunds are subjecl to specific condillons by donors or grantors as lo how they may b8 used. The purposes and uses of the restricled funds are sel out In the notes to the financlal statements. Endowment funds are 8ubject to specific conditlons by donots that the capital musl bè malntained by the charity. 1A Inc*)n Income is recognised when the charity is legally enlilled to it after any performance condilions have been met. the amounts can be measured reliably, and it is probable Ihat income will be receNed. Cash donations are recognised on receipl. Other donations are recognised once the charity has been notffied of the dor)8tion, unless perfonnance condilions require delerral of the amount. Income lax recoverable in relatlon to donallons received under Gfft Ald or deeds of covenanl Is recognlsed al the Ilm8 of the donallon. Legacies are recognised on receipt or Otherwise rf the charity has been notified of an irnpending distribution. the amount is known. and receipt is expected. If the amount is not known. the legacy Is treated as a contingent asset. 10- ACCESSIBILITY POWYS LTD Note8 to tho Finandal Ststsments For the Year Ended 31 March 2025 A￿oun￿￿ polld68 1.5 Ewdlbj Expendilure is recognised once there is a legal or constructive obligaiion lo trdnsfer economic benefil lo a ihird party, 11 is probable thel a Iransfer ot economic benefits will be ￿QUIred in settlemenl, and the amount ol Ihe obligalion can be m88sur8d reliably, Expenditure Is classified by aclivity. The cosls of each activity are made up of the total of direct costs and shared costs, including support costs involved in undartaking each activity. Direct costs allfibLrt8ble to a single aclivity are allocated direcuy lo Ih8t activily. Shared costs which contribule to more than one aclivity and support costs which are nol attrlbutable lo a slngle activity are 8PIKirtloned between those actlvitles on a basls consistent with Ihe use ol resources. Central staff eosls ar8 allocaled on ihe bèsls 01 lime speni, and depreciation charges are allocated on the portion of the asset's use. 1.8 Tanglblo Ilxed assets Tanoible fixed assets are Inliially measured 81 cog1 and subsequenlly m8agured al cosl or valuallon, net ol depreciation and any impaimeni losses. Depre¢i8ilon Is recognised so as to wrlte off tho cost or valuatlon of assets less thelr residual values ovar thelr useful lives on the following bases: Molor vehicles 25% reducing balance The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds and the carrying value of Ihe asset, and is recognised in the stalernenl of financial aclivities. 1.7 Impalnnont of flxod •88ets At each reportin9 end dale, Ihe charily reviews the carying amounls of its langible assets to d8temiln8 whelher there is any indication that ihose assets have sutt8rad an impairment loss. If any such indication exists, Ihe recoverable amount of lh8 asset IS esilmated ITr order lo delomlne the extent of the Impalmienl loss {If any). 1.8 eA•h and (xAh •qu￿alontr Cash and cash equival8nls Include cash In hand, deposits hekl al call with banks. other short-term liquid investmenis wilh orioinal maturities ol ihree monihs or less, and bank overdrafts. Bank overdrafts a￿ shown within borrowings in current liabilities. 1.9 Flnendel Ir4biiments The charily has e￿cted to apply the provisions of Section 11 'Basie Financial Instruments. and Seclion 12 'Olher Fin8nci81 Inslruments Issues, of FRS 102 to all of its financi81 instruments. Financial instnjments are recognised in Ihe charivs balance 5heel when Ihe Charity be¢orne$ party io the contractual provlsions ol thè instrument. Flnanclal assets and Ilablllllos are offset. wlth the nel arnounts presented in the financlal slatements. when Ihere is a legally enforceable right lo set off the recognised amounts and there is an inlention lo settle on a nei basi5 OT to reali5e the assèt and 5eiU9 the liabilty simull?neously. Baslc financial assets. which include deblors and cash end bank balances. are initially measured ai transaction pnce induding transaction cost5 and are subsequently carried at amorts'sed cosl using the effective interest method unless the arrangement constltutes a financing transaction, where the transaction is measured al the p￿sent value of Ihe fulure receipts discounted at a mathet rate of inlerest. Financial assets dassified 8s receivable within one year are not amortised. ACCESSIBILITY POWYS LTD Notes to the Financial Statements For the Year Ended 31 March 2025 Accounty polld•• Basic financial liabilities, indudina C￿ditOrS and bank loans a￿ initially recognised al transaction price unless the arygngemeni constrtutes a fin8ncing transaction, where the d8bt instrument is measured at the present value of the lulure payments discounted al a market rate of interest. Fin8ncial liabilities classified as payable within one year afè not amortised. Debl instrumenls are subsequenily carried ai amortised cost, using the effethive interest rale method, Trade credIto￿ are obligatlons to pay lor goods or seniices that have been acqulred In the ordlnary course of operalions fiom suppliers. Amounts p8yable 8re clèssilled as cuirenl liabllitiès rf paymenl Is due wllhin one year or less. If not, they are presented as non)ots Staff costs Direct costs 90,296 22.063 103,969 34,332 112,359 138,301 Sharn of and govwmnce rthl8 {80• nole 7) Support Govemance 40,252 1.870 30,519 1,800 154.481 170,620 An￿￿13 by fund Unreslrlcled funds Reslricled funds 6,573 147,908 25,184 145,436 154.481 170,620 Support ￿lOcated to •ctMO Charflab Charflabl• ondltyro oxp0nd1￿r0 2025 Depreclation Establishment costs Offlce expenses Printing,post8ge and stationery Sundry costs Travel and subslstence Training Accountancy Advertising Bank charges and Inieresl Professional fees Governance 7,055 10,740 2,006 4.421 1.856 217 101 8.854 1.687 986 4.800 61 3,962 1.870 8,549 1,230 913 4,935 8,332 1.800 42,122 32,319 14- ACCESSIBILITY POWYS LTD Not88 to the Flnand81 Ststsments For tho Year Ended 31 March 2025 Independanl examiner 18es 1.870 1,870 1,800 TIu8ta None of the trustees (or afty persons ¢oftne¢ied with them) ￿ceIVed afty remuneralion or benefits from the charlty during the year. The average monthly number of employees duflng Ihe year was: 2025 Numb 2024 Numtw Average siaff numbers Employm•nt c••ts 202 Wageg and Salanes Social securfty costs Ottter penslon costs 82,169 6,558 1,569 94,778 7.298 1,893 90.296 103,969 There ware no ernployees who$e annual remuneratlon was morè than £60,000. The remuneration ol key management personnel was as follov4S: Aggregate cornpensallon 35,280 34,853 10 Taxalkni The eharity is exempt from taxation on its activities because all its income is applied for charitsble purposes. 15- ACCESSIBILITY POWYS LTD Notes to the Financial Statements For thg Year Ended 31 March 2025 11 Tangibl• Ilx•d 481•ts Additions 84,656 Al 31 M8rch 2025 84,656 Depreclallon charged In Ihe year 7.055 At 31 Mareh 2025 7,055 Canyng amount At 31 March 2025 77.601 12 Debtorn 2025 Amouits lalllro du• wllhln one ¥ear. Trade debtors Prepayments and accrued income 30.651 15.187 17.000 15,054 45,838 32.054 13 (h111￿. amounts falMThJ du• thln on• y••r 2025 Trade creditors A¢¢ruals and deferred Income 180 2,199 2.717 2.717 2,379 14 Rol1rnn￿i1 b￿fft $d￿Me$ 2025 Charge to profil or loss in respect of defined contribulion schern8s 1.569 1.893 The charity operates a defined contribution p8nsion schem8 for all qualifying employees. The assets of the schème are h￿d Separately from tho$e of the charfty In an Independently admlnlslered fund. 16- ACCESSIBILITY POWYS LTD Notes to the Flnancial Ststements For the Year Ended 31 March 2025 15 Rogtrlc*l fund• The resiricted lunds ol the charity comprise Ihe unexpended balances of donalions and grants held on trusl subject to specific conditions by donors as io how they may be used. Al 1 Aprll 2024 Incomlng Reltyjr￿S At 31 Merch sports Powys Community Chest PAVO SVOF Data Project Powys CC UK CRF Digital Hub Powys CC Housing Support Grant National Lott8ry Community Fund Nailonal Loltery Awards foT AII Nalional Loltery COL Powy5 CC Shared Prosperity Fund - Numbef5 Up Powys Teachlng Health Board PAVO Numeraty 2 Grani PCC AP Training PAVO Capllal Granl Eleclrlc Vehicle 1.270 5.121 155 1,642 1.270 40.952 (48,073) 155 1.642 68,000 {68,0001 (7) 8,200 13,962 (51 (25.1481 8,195 38,264 49,450 118 (118> 4,500 1.500 4.900 84,656 4,500 11,500) {16) {7,055) 4,884 77.601 30.461 253.958 1147,908) 136.511 At 1 Aprfl 2023 Incomlng RO￿ure8• At 31 Marth Sports Powys Community Chest PAVO SVDF Daia 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 Prosperlty Fund - Numbe Up 1,270 1,270 5,121 155 1.642 27,301 (22,180) 155 1.642 68,LlOO (68,000) 126,948) (1,500) 123,126) 26,941 (7) 8.200 13.962 9,700 37,088 3,800 (3,682) 118 30,008 145,889 (145,436) 30.461 17- ACCESSIBILITY POWYS LTD Notes to tha Financial Statements For the Year Ended 31 Math 2025 15 R8*IGtsd fvnd8 The spectfic purposes for which the funds are to be ap￿led are as follows.. Sport8 c￿MunIty Ch•8t - fijnding to organise walking football sessions in Br8con for people wilh disabililies, including the cosl of coaching and equipment. fundino has been ro118d over untsl 11 Is sale lo operate such Sess￿￿5 in Ihe light of Covid19 restrictlon. PAVO SVDF (Sodol Valug F•JNm Devok>pm•nt Fund)- Skill Sharing for all- empowering disabled volunteers. Data PmJ8Ct- towards (Jats for cllents. Puyo cc UK CRF Dlgiknl Hub- funding low8rd$ joint work on Ihe UK CRF Digiial Community Hubs Project. CC HOU￿n9 Support Qrant- specialisvsupport and di9itsl incluslon. Nattonal Lottory Ccffjmunlty Fund . People and Places - fundlng tt)wards the dlgllal induslon proled. NattaMI Lottery Awanl8 ForAII- Improvlng ac￿sS. Nelonal L• COL- People and places- supporting disabled people traverse Ihe Cost of Living crisis. Po*ry• CC S￿r•d Pnwerfty Fund Numbern up- 10 support Inclusive numeracy 8clivities In Librarles. TeechlrvJ Hoglth 80onl- Carers, Iraining and development needs. PAVO Numorncy 2 Qrnnl- Maklng 8 Dlfference in Powy8 - Numeracy 2 Granl S¢hem8. Pw8 CC AP TrnlnlnTr AP Specialised Training for Digital Community Hubs. PAVO Copllal Grnnl EIoG*lc V•hlcltr Durlng ihe year PAVO puich8sed an eleclrtc vehicle lor the use of tho Charity. Payment was made directly 10 the suppllers and is recognised as a restrlcted capll81 granl. The alm being to grow the capacity of local organisaiions to deliver low carbon transport options. The ￿n￿$trIcIed funds of the charity comprise the unexpended balances of donauons and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These indude designated funds which have been set aside out of unrestrrcted funds by the trustees for specific purposes. At1 Aprfl 2024 Ineomlng Ra8oure89 At 31 March 2W25 General fvnds 107,816 47.387 (6,573) 148.630 Al 1 Awll 2023 Inc*xnlng R6sourc•4 At 31 Ma Gengral funds 85,938 47,062 (25,184) 107.816 18- ACCESSIBILITY POWYS LTD Notes to the Flnandal Statsments For the Year Ended 31 March 2025 funds 2025 2025 At 31 MaTr* 2025: Tangible assels Current asselsllliabilities) 77.601 58,910 77,801 207,540 148,630 148.630 136.511 285.141 Tolal d• 2024 nd• 2024 At 31 2024: Cufreni auetsi(liabililies) 107,816 30,461 138,277 107.816 30,461 138,277 18 Rolat•d patty IMn•adlon8 There were no disclosable related paty transaciions during the year12024 - none). 19-