AEGL%TERED COIAPANY NiKMBEFi. 06837284 IEnnd and Walpsl REGtsTERED CHARrrY IliWBEFL. 1128436 •ADHSRZOZ 12112r2024 COMPANIES HOUSE A21 V247 7 Nep1* Court Varvjuard Way Carf CF24 SPJ
rth• Yw End•d 31 Ilwrh 2024 2 10 14 15 16 to 17 19 21 22 10 31
Cym ReferEnc• and adnHnlstsafve d•¢ RegiSternd Compatyjt rtwnber (%837284 IEnglw¢J and Was) Ground Flopr Mariners Hwse TTrJenl C1 Easl MON5 Ro1 Cardrfr CF24 5fD Ciiarfes Caller aria Cwgmis Hannah Davie5 laKwinied 211123- 07.03241 Catrin.Da. ola1.ughÈs Ro&?rt MarkI . si¢ven MiL8om EanOr$AnderS lapwned 22.11.231 Carys Henry Iresgned 28.C6.231 John w9M$- Chaii Audlto Hoines Watts ¥A¥les LLP. sla1utoryJthtO 7 Neplune Court Vanguard Way Cardrfr CF24 5PJ Ne1 Bzr City of LtsThlon Offte PO Box 12258 I PrirKts Slreet London EC2A 8BP Page 1
Ao0 Cym lorthe Y•arEThJed 31 FA 2024 The last year has cornLd to t¢ thawg for maty Lr te. At tt Iwrte of WTibN: w have lust la the resuks ofourl8te5t $urwtr¥ing Ih2experwKs dobJerpts in Was. More than half those ded IcJ IhBW phys healh is a with mary sawng Ihwr health ha$ deleroralpj over the 1451 12 rnorth bx•¢ to xr55 Worryir•Jty ntatty a thNd of.the respontsnls 131%) felt that Ihelr thysxal healh W thleibxated durry kn51 yar. onty 8% lett Ihat it hJ imprty4ed. Irb addrtior¥. olthose ftyjnd mentsl or ¢4)n he4th a Some m6niioned that IhÈ hwJt¢r ¢oSt af "1j was alkclry Ihey physKab heath wdh Fyky tw r9 10 tsry fresh Icod or heat Ih•r IKrfnes suffK%nty duriry ¥Mrrter. TIy5 15 al tt% MY? worrying the rttnt'n2ws that Wlnter Fuel Payments aro to tested. thai so many objer pe(b& we w¢til•d to Pansion Credil d¢inl rec¢fve it and th4 Ihtyse are11 IlxE51Wl sknwYilhthi% redi li SUPPM for ts. ljur is a s(thty in Was tr best eN4)Èrnté of Ohjer are wad, Inclityjed and abkn to shw ihe det3sb)ns affecbry tlw Iws. #aff and ¥obJnteer5 logettwto athe this ty support Tog¢trr TAè make a drflerenc. Throughoul 202314 Sled an awage of eath mwlh ronlitjuted over hours oftllyie •ach mrth. Professor John Wliams Chair Age Cymru Vthrra Lloyd Ch*f Exe Age Cymfu
A98. Cym forthe Year Endod 31 2024 Obh¢ti¥o5 actlvlties The ChatrtV5 purpose is as set oul in Its ¢JerAs cortamed in the Arbdes of AssLX4alb?nwthth are to . Prevefilir#J or refie¥iry Pry4erty ofc+Jer KoF48 . educat . Prevenlir¥J w rele¥iTrJ sid(re55. disease in objw Iwfieiheremclional. menial andlor plrysKaf) . Promthng eQuaty and dNersty . Proffloting mtv ryJM5 ofohf Fcfde In %darK?With Ihe un[SaI OedaratiDn ofHuman RMJrrtS • Assi51ry olderpecle nted by TEas•n ol hVhealV). dtsabthty. finanrA hartlshp or di5athtant•Je . Pramotrg trawwng. ¥ts. cle aNJ herage lof the benefft of oljer r . CAher(arrtth purFose5 the ofo¥er as tru5tee5 may fvLn line ¢0 t¥ne 4cJe In settiry plans and pTh)rit$ for areas c4 Ihe trustees ol P4e Cyftwu htye Iwd regard to the guwJarK frrm t Charty CL¥nmis¥w on ltre pwvi5iL ofpt•k In partKular. Ihe tIU51ee5 conswjer planned 8clv4thes controule lo mee1• the obpctV•VJ s. How Age Cymw delNer5 rt$ pringpal thaiitlv otryeLNe5. a5 Sel out in it5 MwrK)r3ndum Arti5 of As50rial)ry. whKh may tr summarisgj a5 inwiThJ ¢he fve5 of Fe(ple. is dortratl the rep auiwties and atheMents. The wJbliG beneft a[ng fr(rfn * Cymru's is inwkrt" in the cltaritat4e Sw¥$ eere{l and assistat)ce gIn lo older Ollering oldei poapk inWal¥ the bEstxpErnnc• of later Me In 2023 trustees refreshed ts Age Cymru sion as'a 500ety oifws p in W$ bp51 exp¢ of W¢r lrfe. Older Feople we v8h. 1fid aTrJ atAe lo shw thg de(45 alleth"wJ thwrkns.. In setting that visiM we xYentrfEd a se$ of tyrt¢trfne5 Our#¥n ts Ihot peopk athw¢.th¢ fkng ". . V¥ aresafe abuse and Was has an awryj pCPon. Th¢ ktesl wJKales that are rnore than ever befo older a9e groups in Wal¢s'. ofthe 4ed 65 arxl or wa5 21.3% lup 18.4% in 2011}_ the aftennah of Covbj arwl againsl Ihe bkthLV d th& o)st-of4ving c15. o&Jer peoplE are faung s¢)me of the ha¥desl chw imaginab. Sryne in ptr4erty and the numbers of FeoF4e stru93fNI9 to core are rncreasing ¥%ith rising prices. Scrne caThl W Ihe basr care to wth thgThty. as Ihe r¢e cri515 in heahh and sock t4o 4$ lo ¢Jelays ia ass¢5smet)t aTrJ a lat of avala"ty olservi¢¢. Sm obl¢r peop faG¢ Ih¢5e e$ ta help ¢x 51WOrt Ihem". ar¥J knekness ada struyJlÈ Ythenyou ty ha¥e the TV OT radv) to keepyou company. Aga Cymru ain5to knith tntsted advKe. supwjrf and servK£ Twrthts of old2r peo respDrnJry to tyjr 2 u5 tly had acce55ir¥J healhcare arhy 70% of pecple hJ Ird lo accets care l(*J us tw had h•J a raINe and old¢r pecyk were teiuig us abwt the chalErqe of the Of1 3Tr1 Ihi5 has ira5 IWh the year. These THIng$ ate replllxtsd in the kssues ¥¥e are Iaj atwl M Age Cynvu h)rA%re a prornirent COnM lor Calr$ became Ihe lead i55ue for many owr ksl yeaT and have also SEen a s¥nrfwt irKrease in ¢alb about he3Mlated r>sS. Pag• 3
fèr lthe Yo•rEnded 31 lJtsr¢h 2024 The ¢haHewe for Cymw 1% to th¢ actitins Ihal ha 9reate5t irwt rÉu)ynising Ihal vrth mded resources we simpty ¢aThl dty •Wirs 14¥E lLd mlLnt the p)srtNe thange that W1n9 with owlxal Partne todelrltr. seek its irmovat2. mLp4atè aThl drNe VIÈ WAI del11 in oui vaks. Qutpriores are to . Infiuen¢¢ amd pr¥tr¢ to ryro4E ihe qualty ofwe forLr pe in W& i. AthfSc• Throwjht tr year pro¥thJ ¥warbal aThJ infr1n & adv to okler pwple, iheir famlEs, frd5. carw5 Woknsi#ls IhwJhcArt Ws. team dekn5 our telephone thice line. H4vifig Al IArfrfwl InteUrKl behiryl clthji. "P•". kn ènable to sell.seNe. finding 8n5w8ts lo their quer5 ¥TrJ e¥sty navsatry thè resou w hwe need to sw lo any(•. wo have beÈn on the of a Iwe chat fac9" Whe er$ b¢ abbe ctsntm their ¢on¥etsalion wth a mwnber ofll% knt•amto xek d•rikabon or aSkI1hereStS relrylo thw query. Thi5 meth¢xl of nta¢t k8setto b¢ intr¢rtjd by 2D24. This ye•v * llFd 9.918 pecple to resoTr4 2&179 r655 Kknbw h¢W peo lo daim r £797.0th) in pre¥ioW d¥ed berth. Tha mosl PLwufar tw forow (rt5 Wev4 ar1 xctyjrrts for one in fve of al enqui lo Iho Ad¥u lino. Secty. armu.9 for 18% d •WLYth. car•. Our th¥d m¢tst PDpult t. atu]rJ foi 12% alen(wThs, is allaTr. pdales forthe5e resou¥cs to ensurE are rvt up to date. These wovide wful infornalion on a range of lopu. IndlIng h¢alh. care. rmw, ¥knn9. 1. tr, rfv. arKI ryThmunty. Information 9UKles and factshe8ts avaiLqb m pnrrt by req51 orek¢XrwK4tyvia emal or IDik to our b pages. Currentty, B have 37 Infornalion Guffle5 a1 $9 Factstreets. TYA ol mosl par guides are Walweofic rter Wrapped Vp MvrE MO ITh YwrPr¢¥l •Th olthe 59 F•X5heets. 30 SF¢th kn W•lvs. You gave me th8 CoLnCe to I rny. 05 rnaly I'd oft my s¢n4 but fw b8en to do PJe 4
Agè Cym lor thÈ Y•ar End•d 31 Ih 2024 l)Jrpnl F¥UJE¢% with caTr Tru51 W$ by ihe We&h Governwl untl MarL 2024 thrpugh the Sustsinab Social Services Granl lund. 11 ains to SUPF4Xt ts eaty •JenIrfaVjn d L4Jer carers. tsmety antt perS0centrj ithrrnw and thK. and toenat okr ¢arw51o pc4ry. ser¥ de5hJn. ¥dr¥ery deCi%n makit)9. IrSon loat)rt.. Ab&raemn. P¢prithJ, Rhonddi St Davxl's. Swaw8. va crf G12. . hslwe. FlnL51urE. GErl. M Monmc4Jlh. and INr8xham. These havE induded cLbIallon of opp)rtuArts lo erw wih tolh unsLWted carer5 le¥ents oreTh to the 9enefal publ. such as c¥aft grou1. and al estAsW ¢arets support (bteakfasi d>$. rIOry gr¢x¥)5 local suppryt grows, lor exp). In telal. thjnry 202>24 we ewed 337 okjer c4rers at e¥8nts ac¥oss Was, provKlINJ $POrt to (INjua1$. infonnatK)n abo carers. rgtts. c¢)ntacl ¢Jetats thew hxal aulw. and hxal and nab.onal support organisatitsns. Two hundred copies have teen to okler rar•rs at 8ngtyery 5ess)ns lapprox. 70 per sesshinl. as l as teiw lable Onl¢. l Advocacy The frDPE others partwate ery•Jel wc¥ect was (ryinalw W15h Governrynl to March 2023. this has been extendeo lo Plarcth 20ZS. The cl wrynotes aLxes5 lo eaty Witeerrtw $upport al commLm thrwgh a rarKJe of advrfary modds for Epeop 8ThJ carets ¥Ji¥ss Waks. rt defNe(s trairMrvJ'afid tivers ¥othiThJ opwrtun15 to the sector in Waks. allns to support perwe al an eaty #aye in issues urtoncerns to stiM>ing into cri5i5. Thi% year recew•S 389 referrats into the ser¥? re5u#ed in 3355 rKrtxts. 5UPPNted peop wth 503 sues. 15 people were suppryled through Ilbt 1$h larwjuaye. rkned 265 cases arbj hao 87 case5 cpen at the end clthe year. A l el seryice5 ccfflmunits arxoss Wa5 ho5 led lo for SW whth are loo compbjx for volunteer advocacy aThJ do Mt ffleei the elwjfftyiity the pr(ryect These have in&JW legal ssues. and rnenlal heatth issues. In Ihese ca. * sed( matNe swjrt for Ihe Them6S that teen seen dur1 tr year h. ¢5, attessw drynrihary ca. waler #nd he81iry i8sues. ulilty ¢¢)sts. artSS lo seMce5. c£)sumer iss. morj arÈa aTrJ a¢$n9 meditral pradrtK)nets. Two key lheffs th15 year ha¥e been refe¥ra15 invthry rnrnpan and repaws and roVeS, paitiojlaty in h¢xtsing 3ssocial aTrJ Sered #(A¥nrrKxlatiNI. We had 135 adi% ¥olurteÈts ai the ¢nd of the year. ha4 h•J a totalof24J acarle ¥olunlrs1155 have left over the lrfe of the prwl vtho IWtr dere¢j 2741 vdunleerhour5 ihi5 year. that ¥r4unleers re av&1at4e across all re9 to SLW?rt dEr4s..Vcknteef wuitment folrnved a Fersonal appr08ch. ilh cOnVer10n5 irtery%ws tskirMJ pl lare lo face to b1 relalK)Thshy5 and to encournge retention. We to otwale a tybl mcthl of so rfa rJrt needs a hthme 11 wt revivw tbe wst, S8e rfe have an availabkn ¥InIte[. crffiplele a risk assessment and do a w51. 11 onv i5nl rw4Bd. we delNei Via lekphon?. Our hrj dèlNW rrean5 that ¢yJr ptr)l of ¥obJnkers ran wryk across the country so that rf don't have any The half 012023124 saw 9ruth in the way prom(rted HOPE Icthry a 5LK£e5sfvI Feriod of truitMent as a resutt of staff tumo¥er. Siwificanl tI>Dk plart with al partn arKI stakeholJeT5 as as wrth the munty at hbaht (rf the thal guarter 3 e%w)ts th [e ryganed in th¥ at•)n5 Wrtm the SrKrth w48$ Reg•x. PrryncrtKn 1$ were lkJ In Nthwt. Cardrft a Swansèa where IDcal part aTrJ clher sl&knhohJws loc part and events in Gwenl * held • Spfiny Wel$ e¥Enl. A Wter tkne5s even¢ was heky in Nteryswth in LknrA)er a Spnry llness event in Brecon Math. events vRrE 5W)Orted by wwett par15 and ty kxal ¢ygani%alktins. Futhr everls have also betn hebj across norlh Was. Many okr pet9 turned up arwl ac(ws the rarye Lq seThK¢s aval lo Ihem. From an onkne Fw5peth. * have (g>nbnued lo swffj#>rltyT wease w st1 media wesente. and this ha5 been a
Ag• Cym lor the Year Ended 31 IAarch 2024 Volunteers hav• 4lKt benefited fr(¥n in neti•r4 an¢1 e¥its have teen lkJ and pc6itNety l. We ¢ompkttd the year ith a IrA 0115 xtpie vUreer Ambassadws. Our arnbassaON5 have ioined the team alexlemal events to gve exPS afyj w¢heY W Io gEt real othcomes Iwohjer peop. The HOPE ha5 dtherEd 1181Trir¥TrJ lo 1074 p8c. HOPE h¥5 SUPP¢rted 35 Jvoc•Ly n¢fy¥ryk 1J$ d¥ Ihè year. The meetir¥Js have been wa Ze¢>m or Teams enablir4J a wi1er raryje of ath4tes athfocacy prO¥th to acctss an¢J 311end Ihe rreetnys. HOPE proj& staff cal 3d¥orxy Se$. HCFE jeLl atso eIe am are aware of natK)rwl and u055-oJtting lvow tring 202>24 netsvorkmeetm9s IwJAsed.' . Loc4 Commisj arrar8wrts . Devebpmert ol•Jvctscy strategEs . R¢vw oflunding aThl ThJeThrts . Incwased 4emarKI . Challpngtss 0fryn9 r•tainYKJ Jvcdes Hs9 e5 . Literty Protethon Sakguards . Citryen vo . Bv4'Events . CPD.cWcjth$ . AdYocty c[nIS 9. . COnsuhalrI on 8 NtTr1 System IwWs . Léts fft AthcaLY Sywl . KtLsh NatKnalACt Pkn lo 011lef PeoF4 . Cuesl ¥eets IlSed on Cwe & Repaw. for tht VoiL Boty. level 4 A0¢a¢Y quaSrfKaltrJns ur5es n Was. PareTht AdvDttaty aThl the ofthe IPA Athocate. the pr¢¥res5 of Uais and QPM aTrl the 9th(cY rayle ofpradK The Derr1 Adv(vw Prcfjed der$ to are 18+ aThJ arp with dernenba ac$ Wales. AetaGY is by re9al •J¥(Kate5 both 5peG•W knth¥ledg8 athd strow knowledge of Our adv81$ rneet with pecglB knng dunerlki arwj use a re ol ad¥ocaLy lechnw4ues and method& of rnmunirnt(on lo maxwnise the ¥el ol ryut they ean ha¥e. lthernver wible tty StrP lo ath verbal insiwudiofis. ere Ihi4 not posstr)12. they use a c(rwlion of rKthin5tnthd apwohes <on centied. walchirvJ briel. human rights. and ObseNati1. Tht5 ¥S tsme ith petson, speaking wrth their larniw. amirq about their le. and prevwytsty expressed ish8s aTrJ xtbjn. 85 &s rery cwe &•i5ry with ttr carE team. Thi5 year we ¥LWled 1261 pe. and 519 we wjentffied. We a supportiry pery) at all st>3es of the dementia Jourrw and srrfne ol whcffl tnse in Iwne5 of coft¥>kx d¢ange aTrJ in their fves. These 5ituatlW5 indude 5afeguaTdry. h05pial dtsehaf9e. fthJir¥J apprtyriale care supwl. carer stre55 and breakdown of cariryJ support, charJe ol xcorThmc4Jal)n. ¢pthyshy and Laslirq Pfftr of Attw and many mort lrfe impacting rircwslarKes teqwe a troirEd att¢ to lo have thew heard and Iheir nghts 4)hekJ. contihue tll ensure our team has exteNe trainiry incknliThJ rKJTrinstTrJ¢Xed dealiny wrth $uicwJo1 Con¥ersatTh, equalty, dNeT5ty aTrJ 90Th. aThJ tXFert trai)¥¥J onthe S¢x4al servi and WeiLbwg (WaleslAcl. Our manager5 aryj a¥¥ocates habE nth¥L¥ked at all vels a¢yoss Wales to $e th? projeds profik engaging wrth loGal ad¥pcacy aThJ netsyk5. 5enhY rnanager5 io Ixal aulhorty adul services teams afid heatth boards acmss the r8ghJn5. The HÈJ of Sa*guardiry and Pthocaty is a of the Dntl9 Partners Nalicfial Page 6
Cymru forth• Year EndÈd 31 IA•rth 2024 h to raise B5ues Ihat lo pol¢4 •Jety %r05s Was •lh ow pdKy and team K4thYtrJ', rnisuse of Lasting Power vf Altorney bnked lo coercive corfvd. gettmg deputes m Fla due to W authorty resourc, knes fef Ca atsj and the krxrk w elred thks ha5 care. and waitiny l¥ts forre home5 or pprDprie rare ITh the cr#runty Ihen mps dothar. larnAw say they donl lTr)w lbthal Ihey have tre serviR arbj thatfvy be foreveigtefuL Feedbxxlrom clvts. hmily. ¢•ps. 4KI woknsiona15 Tr supportgThen ws excÈknlm a 51wsfvlsitv•lm." The service you • vrf41 bnk he¢) to n8VW8le very PfLKesses & W? u undetstsndeach sl¥ge 8 Make ryhl deosm... rf can be nIuS. mlense a o¥en4rfthry 8t emotNe SupP$d ol(IEr pBot4e to Shape an¢J inlkw( the and delNery servw and that retsd thwr needs arwy wiorthes by prOv1j comwehensr arKI effedwe secrelariat aThJ devekswnl serviS lo.. tNe Waks Cymru 0tderpeop'S Athance ICOPA) Nalvjna PenSer$ Ctybverikn W5 INPC Waksl Wa5 Seniors Fcwn supported Il Wths Fowm eNEnl 2023. thfvjed ty Rachel frn the Objer Peoples Ccffjmissh?n and nmLws of new Thv ol t. P ts kr P•or48 publK ltyknts campavn was anrnunc£d at Ihe e¥enl. the devetpMt of I crpawJn th1o3h the year. initial research and survey rEsuft5. dL%lribulry Ihe suThey 8TrJ rep(rft. surp)rw ForLm to $ubmA a tD.Wsh Government. and &atsing with nISaorS t(FrS 3 Day c4 Actiw in Jure 2024. enabled the Chay to apFe8r on v Was aTrJ 88C Radv) Wa$ io l oul ¢¥mpo¥Jn. supported tlie Fow In Ihe de48lcpment of Iheir r bsite and social madw xttyJnt5. We swporte¢t ftyts ofa rnarthsto ahead ofthe General È Contin¢j to 5UPPOrt NPC Wales's hyorpj meeb.ry fcv the execLrti¥ aTrJ fvl thti5. NPC Wak5 CDnlinup$ its In¥¢fvem% wth the NPC UK Conrclws for cnpaw. wrth Me LTrf Ihe members srttit¥J as chair of Ihe UK suMme. KknbÈw5 have COntind to attend rnwt¥¥Js Oft NPC UK executwe rneetir Londcffj. We supwrted be15 lo de¥eW a guarterty Wtte1. We ¢ontinued lo support IhE devekspmenl of Ihe tbsite and social media ac£ounls 8ThJ alfvtsed to iNege sotAal campaffjro. We I11$ed with organtsaiioro lo provide SakerS for meetirys. Pna Hethts. Hannah Bfftyn MS and mart Shpton from Nat Cymru. We fwthe tybrml 2024 AGMto bo tbJ Cardiff. oirrtinLEd 10 5UFrf)Ort Aclive Ws's executi meetiThJ5 and to Or9& the brtUal in•erson tonFÈnce for branth officets to shaTe gLd Practi arKI lo hAurE FlannuyJ of waS'S paign$ and WOrtan. pFovide¢J secretaiiat and JminstratN suryort the )nual Clferere and r3ty hehy In Porthcal. aTrY advised on fvIu ¢haThJes lo event structure. We enabled charvjes lo AdNe Ws's socAI Med a¢ut$ and websble. conlithue lo suN)ort AdNe wa.5 wng wl)at isolat&>n WKI yth"rw in Iheircc¥runuThts. provthd admintrate and se(¥etariat surwrt for Cymrn Okler Pet's AlknrKe's orbline and hybrpJ Forum RèpTesentatives. Board of TnLSIe. cornrnuiucathyts mmittee. ar#1 finano (yjrnmittee etings. WE oryani5ed a "d AGM ond onnu41 coThference. Ymih Ihree hth alrM"n9 onlne attdan for rTremtrs in rth and West Wa. È suprJled of aThl trustees. We supwthd the Board of TNstees to implemenl the researth and nbraTrJiry lecomdations, updatry Ihe websle and soual me&&a KcfgJnts to relleck th8 nv braThJ. oryarbi5ed new l>an5 aTrJ puNKJly rnerial wilh the brandTrJ. V¥ lthsed and srted al orgaraS to the¥r rTbS on th9? lo d¥Jrtal pkne lires. Page 7
Ap Cyrn forthe YEryJed 31 IArdb 2tr24 We als0vrted partrshrth Ihe obJefFc's lo dtr Iwr tsurth sur¥ey ofolder peop in Was. This year ard Irryn 13QO pew •3ed 50 v ovew f[Th Wales abwl what realty maffers lo them. Okyer p)e tdd us ats0 arxetsirvJ healh and scthl care. dTrJrtal indusi)n. ernploymetit. erienceS of tin9 uryahl carers. ffinan8. represenlatRJn m s. atso hearf abouf aCryj pubh"ctranwt. housmg and getting o(rt into communths. Thp infarmatw gathwed shared wlh Govemmwrt. used thrDuyhoLrt our irbflcry rk ar¥1 shad with other organts toerwJRge Ihwn to Yersta3 that mattets c4Jer pa(. fluencing pgstho ¢hg9 Age Cymrn Wc$ hard lo charyje on a raThp of fTrm Jt& ¢npawJning tow0ry wlh Covemments. È r8spor#1 to coTrsuhiw. pThile evbJErKe lo erK4iMrs. * d¢vthp yJ share wr 04wn bri8fings, reports aTrJ posdn5. aTrJ we re1aiDThShv pC41tan$ and oifuals to shaw OurdCe aTr1 MIluen charHJe. Thks year we re5poThled to 37 ol •iisth r•3ardry p18$ aTrJ i58 affeckng ohler We akn used QpPUrt to mlbjeftce thwh tre Mini5teri81 Adwsory Grtyjp for Ohyef Pewe, Third Sedof Partnership COU1. HIW SlakehobJer Nthsory Group. the Cr055-PaJty Grixjp on Oklei PeLpl2 ath Ayein9. the DV stakehol Bo¥. meelry with the twy MSterIor He2tth and SoL4al Care. and )1r4 a droTrin sess#)n for MS, the Senedd. hdd an event'A sp( on objer aTrJ Mtal 8h. a¢ Senethy Cymru pres¢ntabons ftom a rary of organisaliorffj and a ktyncle fr(xn the terIor tratth Eaty Yeats. wewe also inTrAed to PTo¥le evJerKe to Senethj CymN'$ LrKal Go¥emrrent aTrJ CommdttÈ on ingry into the Prwale RerAed SKtor. Support9 9ood %>clal ca Socrdl care and the of the SKaal sw¥ IAWbery (Wale51 A¢ tinUeS to be a major focus of our enra htymes. along$Hl8 ani8t Practit de¥elw"ry prqeos wih res#Jents 8TrJ K4iJnteer5. We aL%ode¥elyd a resouro t SUFVOrt goc¢J trartiOn inlo in a we home. The cybnmaled Iwg COrfefer to shart gotJ practice and vjeas. and shapettie way foMard ftyth$ p) Vas. We a150 pjith5 our 5•cwd r•port on Ihe (Ways in a¢re55 to 50w1 Wry are slfil wathn97 m81 with the tputy Mtiisterfor Care to otsc8 the I)at1Ms. athj Alh other key 5takehc4OETS Wales Ayingt Sc•m5 P¥tshIp year have rnlaunched the Was Ag•rtst Sc•ms Partnership WSPI. a urts&seclor reork Df organisatvis commrfted to comba11¥ sw5 and frawj W$. has IndJea ffK)nthty rneelwS whete partners Irtm third sector. ptsli, regulatory bcJies. barirg. utfjts aTrJ other sectN5 co¢&J share recent alerts. campavjns and Init814. re are arOuj Xl part lenth9. a1 th? year a joir campyn delNered hghlKJhting Human Rights We trained a cthort of se¥M ¥dureef Human RW Amb lo rnise •ers$ of hthman nghts aThJ empower oldel peoth m lknr UJMMwrt nets¥¢¥ks ThE suked in a smaw number ol ¢tstJJs$iLffis throughout wa$. helrAn9 rthler ppople urxltrstsrKI thr ryjhts. MditM)nay. one Hth)an Rghts Ambass•Yor atten¢Je4 an el1 al Ihe Temk ol Peace. Cardrff. caled 75 years ol 8ft Ri9hts ki Wa5 and Beyorf. aftd another in¢Dry)oraied human iighls into regular l cl¥ lexhing Three of our Ajnbassadors wert also lo speak at the Objer Peopk's Comm5Jer of Wa&. ebmar (#) than ffjfis. Working with local Age cymw Pathw During IIE ppriod. we contsThJed to with our Cymrv rlS lo Ihe WalBS Bwd PartrKir5p Awmeni (WBPAI. This Iry8rtite agreement wlh Age UK and hxal Age Cymru partners sets out Ihe local and rtiOnal laong rek3tsorGhs. sworted addrtA)nal reguL¥ tir> of the ch offir5 of1 AF Cymru Partrws and the Inf0m1th and Netsh lo tske plxe remc4ety. We also conlinLEd lo tyjf colWu8s wihin UK aryj Age CyThru partneL4hp to plan for our fijtuie neh¥ork *arent and to idEnlfy wdy5 in WW wryktofft in 11% fviure. Paye B
4pCymrv lorth• Year Ended 31 lJlr¢h 2024 W• cond to suppjrt rfJè Albrte Ws. seu¢lar f1Tr. LW. ChEI Execubve tt rJJrrenl cha of the and Js the stewry gro1. Ovr FrEnd in Need has ntrnd to gm 8Th1 provle Thial42 SLW•t to older kw42. The ser¥iEe proviles fr¢e telep1nE fvThdship ¢ for peoF4e in bVak5 are 70 or omw. ¥ry lonety. 1 ¢)rtY m¥y slrfl al7 aThY l am ¥ry gTrIe for my carers. they are Ilwp to tyto a lafv e8¢lJ Ihxv8rb8d ttArys we 8hW8ys ty k sge a funny &rle on 8 90th1 8y Ihe end of Marth 2tr14 Ihere ere 150 voJnteets older peoF4è wth clls a further 6 vDluttteers t3rrtJ in t1 iryluction a1 ITainry prot8s8. Our vgluntaers ve tobj .. I lo¥v my ¥1¥enj for CYJNU d8pprlB Ihwthkness w be so 8!ullorpecyle's h9811h and I Pe. l re8ty tyJtérnsLry &i I8 81xrt tr)8ir hs. wh8lh8r Ilhs was cM¢%knd. woth or nt hts. Ihyh& a oIexperne ID be ab to 51we OtheiD tod8($ busyxuty. Also Ilv very gwy Ihat Ay¢ Cymi u$. * is reafy useltl lo be •ware IwyM9ht pt)1onfval y 90tsY. I I18 lknp#rtof8 TM year I99pIe hal •cce55ed •wJ alolal rA 11.594 ca15 we made. . Arts and er•atfvlty The Ihame for GWaThn festplal 2tr23 was Nalu.. The was to pyevth a theme that £Arded to a [tr of %thal ueatsvity is, aThJ encoura9e a wJer Mge of ugant58t$ to get involved. Athcwh many garrng dub5 and nature-based wps werè cc•tsJ. lake up do11¥5to prn(ts actsvitEs was New comedws Iwe mJe iTrJwYua artists, prcojuuro Campa 8rJ rxfflmnity arts organaonS. GarIeS tonlinued to be a grealway ofinnethrvJ exist•vJ aLNthS wilh the feslN For thL% years leslival. dhW to pom¢re rJ7 tswts14% iThyea5e on 20221. an e5trn•teil 7336 partiapants163% 20221. Physical Aclivlty and pecole liv¢ Ir¥Jepertdenty as thw obl¥. Seek to edtKate and pBopie wrfh Ihe skills knovle&3e lo vnrfeTrtsl the ber5 of ti89 a(IN as as #th1¥J th2 50C4al elwnenl. hKh ewalty ¥nwt0nt to gera1 Al oflhis $ done in a safe. fvn and c(xThnunty settry and makes a dfvence to the Iwe5 01 ckler peopfe acmss wa$. eoth in tenyts ol Ihe phy5Kal trrefts but atso Ihe 50pal a5FCts of comtiig 109ether on a re9ular bas&8. We ha¥e Matay t&)s8 aThl wlar crmnuntskn ith #l our ar¥J group5 thrQuI the year. We have offered SUFwrl and er&uTed al eur ¥Onteets ara parfwrts are erw&J. h aryj safe at all limes. PagE g
AgECyrA lor Iho Y•ar Enopd 31 IAar¢h 2024 Durw 202>24 wr 139 adNe wnteerS cC4ttrtj 9x12 hwr5 d¥Nery and 37.559 erl$ Wlh ojder p•opkn. Patrni Fe8db8c . of plapart$ agreed ther h¢akn atsj trtness h8s IY Started partiL4pth"ng in our Physical ALINty prrAJrynffs . 92% are dcfflg mort PhYSal aramty a wegular bay$ 5nce IW bew partiWK . 1QO% of particyants rated w prografim$ as gocd or exceknl NovdiG W¥lkn# Nor0 Wty partKyarts wa a wr of spci d8sWJJ, Ivjhknjht that k¥o¥¥Je addtsmal support mèarwng they get more exercge. n mvjes a of knefts above thal of normal waking, exerc4¥rg 90% of rnuxles. irwra5Yg sry1h in 95. aTh$. 5houkleF5. chest arvj back NordK WafKitYJ s less tim9 Ihan n¢)rmal walklrva ar#J it inu6ase particparts. heart rate ty up to 13% weater benBfft can be 1hroh b55 effort. All ar#1 events h3v• lirre trAJitt in fry sorial Nraclion. This delNeffd 20 PartK1p rA)urs¢s. ha¥¢ 20 gUralkS takjftg Pl mss Wales tth 387 ir¥JwhYuals ll part. Partv¥ant Feedba¢. 'An èxtAlÈrrttu¢orwith ul(Y was very 91 th great knu aThJ expernn(%.- E¥cellenl course. re• enjoyed and foryvard lo Ihe groLP wa&" enpyed )rth wa& leaders row5e rt vras vwy K8M 15 an exc8knt leacherl I canl wait lo Put the tra1 Wart.. UFT ts a series of and games desb>d to get ower peoth taking part m physic81 actNfy in their local coinmuThty. The 58ssths are bjn aTrJ er¥oyab usyvj sale seated arKI exercise5 $0 POrti¢•8ri15 can WO #t a vel that is com1ortab lorihem. ThÈ se$tts are de5wwI SFetsfi¢• forlhe over S(1%. M is a pFry51 Ihal can help impro¥e h•aNh and a safe atwj s¢xiabie en¥woruTent. have 35 re9ular LI dasses nni14 Wths with 779 dder atlendiry papant F•adb%k'. "Sryw tho best.- "AJ (knm lo ader. Sha erKOJf•Jes us in al a5Fts ol age aTrJ alway5 th¥¢ io h us wrth any quesl)ns we may hah." "Ha¥¢ found the he¥) ol in keewJ fi- Tr exertw da55 1 aitend is exLkni." thi5 Cymru 8dNity l altend. In the past I to a NordK Wlkiry grDupwhth was Èxtsllent.- ItruLOr to everyores reeds. She is very ertert8ry as as professtonal in heraFproach to everylhiry.- Tal Ch5 iJong Tw Chi 04orvJ Shtsshi helps lo inpro¥e and thsral tr¥. Qqong, means 'energy exerri5é' arxl Ehibashi rneOr.l8 mownents,. It 15 a drxipline Ihat invths the MI. balh nwent lo creatè a eakn, natural balance ol energy. M hetyis lo sen aThJ strengthens and muscs. reJu4nates Ix)(ty. mind and 5pwi(. improve5 0n¢ntrn l¥n as as helpry ¥Mh pressurE wthlems b8nCe. Thé rockiw and slreltkning mo¥m8nls he Iard mpTo¥irs (ircutatpjn aThY dyestim. ¢1 exef¢ise5 and controlknl e8lhir¥J art gottd for ard asthma wh the OTall elWe(I { helpir¥J lo improve corÈ strength ar1 thus helpng to rethKe of lals amoThJ oW8rfco*. Th8 WL¥ramme can prvvile t<dh st¥ndY#J Ar Sealed ¥er5•?n5 of Tai Chi Qig)ry. We VJryEnty run 35wKekty T• Chi classes daswwith 781 othr partbwing. P•J¢10
Ap¢Y f•fth• Y•ar Ended 31 24 Padrpant Feedw". avir¥J kjsl my h?TrJ1w parfw 1W]no parkinsN th&8 past year I found Ihe dasses haw me realse there i8 rrferty lo do for a small mttsne." mi¥ir4 ith fAhers noE feehrvj kThty." Thank y1 A vèry S5W ¢xtslryw." a gentse cJa5s whth gwt as l F4Jkrtth osle0w. so rt ts hety"r¥a my pDsture. the dass has az )vety and are alftieThlty.- Wain9 1 Thi$ prrJ1aM berth ¢lr F¢ m4ht 4kEady hr and abty to 0 5hryt darKe and who wt4JbJ ery¢y the benefit and erKyJurwenl Olwa9 saf¢. 9uKled walks. led a traird wa adertho be (MI hafyj to pmpje encwywtnt aThJ supwt. make sur +)me i% kft tehiTrJ. We have 11 acINeVLfirer5whQ dEIwEd 9 79 wtiupts. VohJnieer Fee(RJ•( Wn started Ihe wa"rj grow) wfth Ma99ie's Cardll re uwre as lo work out as it was= 4kety to CC•)IPOse of bereaved, Ihose out of tr&Snenl nO[led to The 9104) oltnarnis ha¥e W0e and it ts Mlic8le htraf the mLS reLite to e¥h thr and ha¥e fomièj frndShIps. They have etyaged more fvly ith nur2 arKI have also been abk lo )wthe walkirrfj stance andfibwss 01s6¥walhas Pathpanl Feedb. he was connect m• to rsature. sea50ns. byds llats. tr•Jt mosty tw conlleL me th Fe0 I can= rekate to wrth shared exFerientes and urthtstaThJiNJ. ".ry eniw t w.. .11 K% a gr8alw8y lo meel Feo.9orrtl eercise 8nd 9otrJ formÈntsl &1". Wery hewl wrth rero¥ery 5Feakry lo peCwI swr a5 myself a knt". Walk KI Ta14 This pr(grrffi tenefts objer Oddts haTÈ seerb a dedye in their b IQ 9EI abo. may IKk cwfylence or have otherb815 that Ihvy leel they nJ to Irs a Or4(rye pÈc mbt b¢ rerw5 to g) tsjt by thtrnsees. Voluntsers matchBd with siitable partKwnl aTrJ wort with Ihem 01 a 12-ek pernd lo ach¥e inthvpjual gtsaLs. The 4olunteer and partsGwnt togetsr lo sd retK sw15 U5w¥ a intervry rDod81. Tho ¥OnIe•r supports the pa¢1partI to owcome th"rfes wJe$ encwrwent arbj suppryt 45 well As sofAal intera(#. In addib'on, tha offw5 th& partKwrt a w of exeTCts8S to axl corB streryth, gefteral fAn8ss leveL% and halp ctmfthn¢ tak•) frthii the Age Cymru LI wrsrarrwrt. Tr exeffJs are very srnplE wilh no equwmeThl needed and ctyjhl take Pla in the partward's hr¥ne. We wthir¥Je the part4panl lo contwiue exercising the r850urc85 pro¥#W beyond Ihe 12 pe11]. HÈaKh Iniliatsves We have ntinl to sw>r4Yt the •yk tt F PrnErl¥)n Task Ftyre wd have pawiKpaled in the Fal and Fth9ifty Frn¢tuleAjrt Pmgrnrrwn¢ Ser¥J Ihrc4lxrt the . Age Cymnj in patherthg wrfh ConGIS W*es lj Care & Repar Cymnj bp4J a natK)r[ awareness Fal Awntss W¢k c4mpap3n. Th yeor tt)k to primary falLs preveiton. by Launching our&yat)n8I r&50urce pack aTr&J ai Kty St•Je 2 £reTr •3&1 &11 years. Our reas0r9 this was eaty ed¥) fa shtsJlY be wnL%thd earty on and take a lrfe Ctse 9Nen that falb e mosl t£¢hmon in the urthr 5 over65+
Ay Cyini ltrrthe Year EJKled 31 Marth 2024 As part ofaur annual Spread the Warnith campaw, updated wr Imnler Wrapped Up Guide. The pOwr guhJe has teen avalabfe for dNnh)8d Trlia our b$1 and eT cw have bEen aTrrdIab to orow via Age ymru Advio. h has been a¥bk for dL%trtsJti) our kt41 partr5. partnered ith NEST on the pr(#JudKfi of rnswitt. A total LY7.0(Xl9ups re L5trlxW o¥er er Fernd. We conliryjed lo promole the wnler wdlbeir4J messaging ¥ia our p&Je5 lor 2023 antl nffted a seits ol saoal medH $5/. 3.437 0fowsp4d pw. 8thJ distributed a ol tyjr r•Aer. +44e hlatters, wttic was OtrIbUted on-le and c4)py in fcember 2023 iepealirg th• irterme5sayES. 1.Ir20 wies (hstrtsuted. We also wathed irt part1llp Webh Go4vrneht as wl ol tt HÈW Us H You campagn lo pdle jothl re80UfLY5 olthe Swea0t messw. 5. Sustsinabl? thyanisbon Systems and processes This year was the first ar c4 operap outsTde of ihe A98 UK 9rD a1 rew and FInar syst$ were succsftJty lrtrDdd lo supportU srDoth ¢perabon •lV oryontsati. Qu¥ This year Aga CYMN $Cessf11 the Age U( l)ua Standwd aThJ Ihe kn%t51y in Vte qu mark.. Volurtw The Age Cyrnru tharity wa5 5UPPOrted ty a raryp ¢fv¢4weets Tirj tl y¥¥ al ofTwhthn made o hth3e conlribLthon to Ib8 offecbve operalvjn Chty. 18.8CQ hw5to fv Charity ary055 a lar 0fpr09r.' Our Tru5tee$ we YleerS and gi¥e al as1 % hour5.eath per annLYn. Tilh IhE.Chair and Dewty gwing synthcanty mue. As Ihe boa 15 bas&J on $kts mix thleaS gNe luriher ¥obJntary bme up on n ad ho¢ basis. Our Con5ullatwe FrMI is nk•Je up ol ¥obJnleers with u5 lo er¢swe t1 Iht ofthÈ Charity is inforned by th& and persFe£"ves of tsr people fYc¥n c¢)mmnths acmss Wales. The Age CrU Con5uttaltwe fovum met in ¥son year lo discuss tssues ol W (wem to objer Feople, lo 4e CyTrru poIY Pos"¢$ and lo e to assot Age fvru Inthe5 shape dewitmb mmgwilhm Chaity FundTr15knw' We ¥e reyyalered the lUrKI9 ts3110r. aFpmh io setOLI in our 1th$1n9 charter. thE k F4Jin15 of ¥¥hith ar8 Sualised bth¥. • we do nol undÈrt2ke any fundr¥ing door404c¢)r adNty • we ¢Jo nol share eOn dala teyond the Age Cymw NehK • we nol seu personal dats • we ¢Jo no1.[d caw Feopte Ijj181s1Vj PWFxes • we onty phone F¢¢ he an rth)h) or ha¥e alre•ty gN8n us peI$510n tts • every r¥JmmunKalion fM us to member5 of1 vrfryTnaiwJn tyb hthvto W out clfuture eornmunicatr ay5 Stop dHE(I debit5 recep kn dorK)ts rfa third paty le.g.. famkSf aTrY tyietsJ$l advise Ihat th8 donor is vufnerabte in stffie w". satsfd Ihat $rth pty is enIrt to act on the donors tehalf • keep ¢yJi fvndraisir4 piaclKes with the amh of inprowng across tharty sect Tr Charty prot¢¢15 vulnerdtrle pe¢ throwJh It lumdr•sMvJ charter. Ihe ctnlrnl 5erytyz5 team monlor Ihe fvThlrarswYJ adw)n pbn and rerKAI to bDth 5er4or rna and tl% boa1 oftnBes. Charty dce5 t U8• profess¥)nal lynthr5. No complaints sn retatth) to fundratsirvj acIN1 tre recew in Ihe rer•)J. OL4r fiJndFak8iThJ (tiÈClrrfes rtinty irthu81. CNF4yale aTrJ gacy donaiths. Paye 12
Ay Cym Tw51ffs' Report fortht Yw 31 IAarth 2024 Dumg tne ye¥ trteeS undertook a snthant pqce of to eW Age Cyinrus straltyy ior r. This was formed ty the ofc4Yerre. staff aTrJ vokyrt. For 20225 11 ird has Set prbxrfies . IenCe and pradKt lo Ihe qu effrfe forol¢leTFwk Wths ..W)th acr0$5 W5 Tih fv kxal Age Cymru partrwshp . Wbrk wilh corporate pathers to ¢ale mLAval Lnefil . know our W arxl iMTto exertyse tlwft are ffore fmanck?ty seojre . are safe abuse and wled induswe conwpunth5 FSnanclal p¢¥ion Age Cyfflnj generaled a dètra on ntred fu1$ Ihe yw £217K afvj • 4Jfrkii ¢Jn funds in the of £564. aftertran5fer5. The net Operati de&crt £218K in ttyew lo 31 Marth 2024, rwsentmg a £59k w)cre8se the etyi¥alEnt fvjure in Fwyear. Total in w¥ £2.42Ak n the ajrrent yeaT7whKh wthased frrrri ts prxyear8t £2.341k." Chaiilable exFenthiure h85 irKreasèd iri the Cuent year by £136k £2.481kto £2.617k to tslthsls'Murrtd iri rdation fo restri¢twJ fvndir¥ fecewed aTrJ Ihe Chaws succssful.rfeh¥ery of restrthi pr(p£ts tc eklty pe(. Th8 defined b8n6fft pensth h1 an •EttJaiial of£2"dL lo tharys Mi 0sswntss. ln Ihe bal¥n $heet. sh hèhd in Age Cymoj aco)unts ¢Jee froiD £1.392k l0£578. the malli faclor relalA)n to Ihs decreasè is a in credrtor5 thje lo a payrrwkt m•Je to 5¢111e 9rw uTrJerWrwJ baLqnces. At Ihe year eAI. the charity was awarting on the sthment rf debtors frtyn ath)roes. thii was r¢¢è?rtd eaty ID ts rx1 fmancial year. as ukirestri¢ted fuThJ$ have n¢1 Wrk eaimarfE¢d ¥rKI m be Sed to further lh8 charity's obieclives. un ths wlKy, Age Cymru les a of eÈ tesew. faLtirirvJ in commerc1 other risks. This en¥bles Cl0j to ddernir the rESer rarvje reqrj for ts Cbarty to ¢o•ef plne charita exnre overtl% 1d&rvj rrKffilts uTrJertsr aoer5e Sce4Br5. Thk ¢uLql#M Age Cymnj • free re5eThes of b8WI £45).OCQ arKt £534,OCQ. At 31 Mareh 2024. Age tynru's free reserve5 incithng dwated were £1.336.744 weD in excess of 1kn raroe. The free 1858Tve excJS FtiJ Asset resew. Cynyu trlee$ e ufflfortable witti ree$ p¢licy as it o)nii)ues lo operate a chaler#Jirg emiironment. The rEser%s •JbJnal to respmd to Ihe cost DI Imng crsis curwilty vnpactsry Ihe fves deSJerty wple. 13
f•rthÈ Endwl 314lar¢h2024 Golng The Trustees ha assessed the CharWs to UJrtinue 35 a w•iry c¥Aem. In makiryj thi5 a8se55ment IhÈ Tvus¢ee5 ha¥E several fartor5 fory Ihew tlDn$ KIj1rrtJ a rE¥iVM of updoted loreGos15 to 31 March 2025 and a ¢1)n ol W rtsks. The usl ol Iwing bas had a s¥nificanl #wct on Ihe CrS Lwalh?n5 but carelLrf of its fmantss enab it to grDW free rEseThes n the" {. Chatty ts lunded 1hroh unrestrided and reslftcted irwne fr(rn nder5 frDm a ¥anety ol styJits. statulthy tK)thes, trusts aTrJ louThjats. Grffpw4te aryl iNi¥klu41s. Age UK 8150 provides an unwtrhd swl eath year. The Tw5¢ees Prepa annual Wt5 and forec li to ensu Ithe * adequale fij1ng in Fla lo deliver Ghartti adi¥thes Ic4 the year. FLYetasts for a fr0 yews have abo been prepared. RegUr c0rnmunicaD ha5 been mainlamed h UK don(xs afKI ts ¢hath ha$ revied F4anned unreslricle expenditure Over1 of review. rtview ofth6 bet$ and &%e¢asts. lh8 Trwtees have ten miThJLd oflhe IkS of costs of I1rj afyj the inpact lh• infith.cffj and erergy prth ill Iw• Cymru's yrion5. ConSKleration has atso been gNen lo Ihe irop4S fLY our Ser ab1 p)x of Tmng ¢rsi8 continue5 to IM¢1 Ihe kves of elderty VOF4E in Ih>s. HarwJ rej U pro¥eds aThJ Ihe financd ofP4e CyrnN. tr IT¢e¢S wIche Ihal the irg Gonrn bas ofthe FeparK)n 15 Wr?e. The tnJ818es regulfy the mw mks 8ffe("r¥J ts Chaty. kjentthd rtsks be Mitt through effractnie reguw. K•yts The organwbonal rHk rewtsr re¥%wed rnana9N1 t¢arn at their monthty njeetiw and by tn&stees 8t exh boar meebNJ wthere the key and mrtgatiry adKfis are discus5eO. The area5 ofgrEalest rk c•ntinu& to be, . The poterrtialthat (lent reSt¢d knK15 orE yrwd to tht01e Ch8nty funct and priori5. TIMS is mrtwed Ihwh Irome gerratk)n t4at)s aThJ ffKJnitorirg of both irorne and ex[ture . Thai systems. and data aPrn0¢O tyfal imp rvjr ablty to (ommunicate delver servw are mrti3ated thrOh mbth51 se£ty F<s and asure5 8j lSesS ¢'nUty plans . Thal Ihwe 15 a fakneto corybf pthies mtrjaled throwh rob1 policies mpnrtorir¥J. Parln¢r$hiprykw ts ¥ttl to P4e Cymnls Tfttees ha% •jj reputskn.onal orgarslnoI risk ol arw larlures in our parbrshys. Ihts is mdvjaied Ihrwjh h)8 enwhasi5 ¥•E on gwd Withships wth OL rÈp0rf5 al èath bts meEbng to ttw are •hsed ccrtems ar#J a5Wiated remedial actmty to eUrethat iisk r5 mirMmtsJ. Goveinln9 document tharity is rontrold by Is govemTrJ th)omert a de8d of tntst. 8ThJ £(StiluS o lvnled cornp4ry. l¥hited guararrt8e. as defThd by UCOMFA 2tyA. Key manag8m8nt remeralian The fwnwratiM of key marJwwrt pers1 sel in kn Tith C1.$ Miuner8tbx aTrJ is appmd •nN by the Age Cyrrni bLwrf 0flntsie¢s. Au4ttow5 Th8 Jdilats. Hains Watls Wths LLP. Sfathry AwJlor5. be prot¥ea for re-4yothirrent ai the forthtrJm¥ 8oard ting. Pag¢ 14
Ag• Cymm lor tho Y•arEnd8d 31 Ilarch 2024 The trnstees (who ¢ also Il thedws of Age cymru kn t1 PLry¥Jses of c4ynpany Iwl * spOl)lE for preparing the TnJstX5' Report and Ihe fina81 stslenn!s accordan¢e ap law Vnrted XingdNn Accounting StatsJ•rds (United King¥j( GBrnratyA••J Accwlry¥ Pr8LIKe}. Coryany lv requyes the tr¢tee$ to pware finwual slatemerts f< eath Tn(la1 yearwhth gr4e a tfue and lairvie olthe stsle ofalfan olthe dwtt¥t C4M)pty •d oftt tJr and ¥FvIKatJn 0fres0ur. indudin9 the 1Ce gnd eweThllwe. ofthe for In pwring those final sternts. the trustee5 are ryed tg . sew suitable accouW kx7rS ar&1 b)en W Ilwn consstwlty.. observe Ihe melh¢ds in Ihe Charty SORP: Makeludgs estinates thal a reasonabk ard slate whether apFAK3ble kna been fthd. sutPLI lo any malefAI (partures dkn$ed and in the finanual staknents.. prepare Ihe fiftanci4 stalements the crKrn tSis bt 15 inapk¥wle to presun Ihal the charitaE )rnpany t1)nte in twsvss. Th¢ Iru5tees ar• r•spw51 for keepirg proper ac£tirj ca5 dtsck6e r8asonab ac¥ncy al tiDe the finanaal wsitx)n of the charrtaiAe rIary and lo enable trern t() ensu that tt finaral514ttyTrents ¥X)mply the Companies Act 2Cth. are atso resk%)Trsiblt l¢x $afeguardp)g the assels of the chatitab CLYnpany and hente for takirwj reason sterts ftytho F¥Everikn 3nd rofr•)J other irrewknbE5. In $0 lar as Il% trlee$ are ware.. .Ihe¥e is no rvant audit inf0rnatn of.which tr LarlaV ctynparrfs e AR.. .Ihe tW5tèes have laken am sleps that oughl lo have tak lo make m55 aware ofary rthant awjd thifofftatijn and lo eslabb'sh that th• 8j01$ are awe ol Iha(infom)&on. TfUSlees' IEPOrt. w1p0ratry a rek)rt, a¢wroved by orderofthe board rflntslees, 85 the company directots, on aTrJ on Ihe boarf's t4ha tty.. or JO W*S- Clwr Pa98 15
Age Cym
OplNon
ha¥e Bwlrted the ffin•rKial 51ements of Age Cyrnru lthÈ 'dwitable cpal for Ihe yeaf ended 31 Marth 2024
comprtse the Stalemert of Fin4nLaal ihe BrK£ Sheet. tl Cash Fbw Slatnt aTrJ notes to I
finsnckql statvnents. indLKliry a swiftiary ol sKJnifKarrt acminlffy pc4w. The fan(la1 rep frarrieth Ihat has
bE¢n appld in Ihew prtyardlb)n aPF4cth lknt and lthited KwJL•n knuntirq Slan¢Jards Ilth)ited lfjngdom
In our Il fjnanrii $taientts'
vt a tsue and Pdir ol IhE 51ate cl tIwtsb C¢Wlif'S arraws as 81 31 pla 2024 aTrJ ol hs iromirs
resouw a1 ol resourLYS. ts incoTr and expenttthjre. lor Ihe yearlhen ended,.
have bÈÈn Perty prepared in acrn£ ith United GertratyAcLP Atird PradKe'.
Basts foroplnlon
We conduthd auraulit in acu)rdith In1¥r¥1 S¢¥thrd5 on Aulv¥J IIJKI IISAS {LhQl and aN>lKatrAe W. Our
SpSitI1rtS der those staTrJard& are further desLYthd fft the AjitorS. reSponsrfrt lor the audit of the finaal
staterrents of our repryl. 'fft arE independeThl of the chartal)k fffflpary in acwd0n vAlh Ihe ethiGal
requirements that a rthant to our aLwtht of the stslEfflents in the UK. inc4uding the FRCS Ethical Standaid.
ond we have fvffiV£d ovr other el1 reS[11rtS in aC0)rdan these reqi#rwts: We bekve that the audl
evidencè * have obtained is 4proptkité to wo¥Mle a baslsfur our Op.
In authlip9 the financial statwnents. have co8 that lh8 Iruses' we of Ihe corK¥m ba5kB of accnwrtirs in
the preparaiiori oflh¢ fimarwl $tsment5 15 OFprwiale.
B•s¢d on tho work have rtOne. thnirfl materipl un¢erta¥ths ML4tirwJ kn events or ndit)n$
that, indNidualty or eollectsety. may iltitht the Charitth corripany'$ abth.ty to continue as a goir4J
concem for a pe11 of al kasl months frcffl Ihe fInar1 staternefits are athri5ed for t5SLE.
Our respM5ibli aTrJ the $F18s of Ihe toJs8s %ih W to oJnc•rn are deScrit in Ih• rnlv4anl
Se¢.0 oflhls repo
The tn15tees we for Ihe rAher inf0mlat#. The other mf(rnatron oxnprM5 Ihe vrfornalh)n dded the
Annual Report. athÈfth Ilbt finartial 5ttsne arxl ourllw oftrE IndÈp2ndwitAuthtors therft.
Oui¢pmi¢n onthe fjnontsal ther infrmKffi Jnd. exceptto thÈ exl01hwe exFcft
slated in ow re¢rt, do notexwess Y1¢<M LVassurKe.condLts¥Jn Ihwwn.
In connediM lh our of the fMw)til staemen15. is to re•J Ihe Iorn•t]n ar¥J. in dO9.-
so. cons¥Yer knether the other l¢al is materially irthn5iStenl Ih? stslwnents L¥ our know.
abtained in the audrt w Q1hetse to bÈ mi1#1. 11 pjerty siich malenal int£+nsten
A5 èwained more in the Slatemwl ol Tntstees. Respon1 tes. Ihe Irustees also the diredots of the tharitab Iwpany for the purpose5 of ccfflpany Iwl are forlhe preparTM of the finarrial slatements arK1 lor teiry satis that.thof afvj lair vw. for 5LY thfflal cry)trd a5 the Irusloes deterrnine is nece55ary lo enab the preparntv Offin(la1 stalements that We Ireè fmm maerAI misslatemert tthei due to IraLxI or error. contnue as a goiry concern. as awlKth. matters rEld to wirvj £¥11 aTrJ using Ihe goin9 COrM bas18 d actnting nS fv tr•5 eifvr inteThY lo the rariabkn rAmpany lo tase oFeralths, or have no thlt5tK alemabve but to do so. OurRsInSllllIfj5 for the audY¢ oith•finaftcial siatements Our 0bj.ectN Are,to obtsm reaswab assurance ab(Jl w•ther the fmanc49t stanls as a ¥Yhde are free from material MStateMent, whelher ¢Je to fraL¥I or eircK. and lo Issue a ReF of the Independeol AtKiilor5 that indudes our opiniorL .Reasonalk assuranc is a hwjh te¥d ol assuranr. twl is nut a guar3ne thal an a111 carKlucted in accoldate ISNS IUKI wil aayS delec¢ a material mtsstalemenl it ex15t$. Msslal•)n15 can are from fraud or error an¢J are conSje1ed material rf. or fft Iht aggrege. thry ccthl aSoNab be eypeoed to influ¢r the 8c0rrf)rnderyS of users laken on the basis o(these finraal statements. Our planni.ng WyreS Jenlfy the l•Jal aTrJ regulaw fr)e appk4bbÈ to (yprnt¥)n5 arKI financial ststèments of the ts)mpany. The>e are tevvd internaty with relevant Indu$lry experience and eX£ta)n5 as wdl as exiemalty with Ihe £4enl mafiagemwt. The key kws regl•ll0n% w¢ consthred in Ihi5 contex1 w+E Cbarts SORP IFRS 1021 'AcCrI.aThJ Reportin9 ty ChaiilÈs.' Statement of Retomierthd Pr8cii Ippfficab to char5 Wtpanng they accounls in aCa)rdan lh• Financi Repoitirvj StaTrJard ApF41¢ab in Ihe UK and Rep01 Irej,, UK IFRS 1021 •xl Ono idenlbfied. as$ Ihe risks of mat¢ii4 MtssWemts in relthn its la¥ and regUOn5. i¥r8gvlarilE5. fraud 8ryJath'uslcvrtestYvJ xcordingty ouraJrt procedures I." ' DI$¥j ¥vith'Twst¢es arvj mana9ewl wltith areas Of1 busYes5 Vy bekn to be more susc8ptiTr)kn lo fraud, and ¥e111t.ha5 any w$itspian olfr¥Jthknt 8(vrts. OL4aining an urKler51arKlirvJ r4 Il key pul Iybf the cLbN)arry to risas wjentffjd, A8$A9 the effe(afveness efttiose dEuJs$iffj hwthese are rtwJnttoTrJ Irlérrth: . As$e55ry the Ik olinana9nI ovemJe J revi1 artl ttsl4¥J Cl entsiÈs rnJe into the accounti Systsm". Challgry asYJinF0 jU¢$Jts m ¢<))pany li t¢+M swMfart a¢¢wntiry ' estmales OYed in It Fnpar¥boTr cllhe fmancial statenNwts'. Ots¢$Ing with Trustees ajxl man¥Jerle and T£10ry 4¥Jion5 ofthE fJ5e&S and ¥thelher Ihey hab aTri.kw• orsuspKth of rwn Despit¢ Ihe audit being pknrl crfftdu¢Aed in E0rdarts wth ISAS (UK) Ihere remains an unavc4dable risk th matenal in Ihe fmanual strtnts may not be detecfed n9 to inhefenl hmitabons of Ihe audrt, 8nd Ihat by their ¥ery natwe, any suth of fraud or NY•gu&rrries IW colltsion. fvJrgy. inlentsongl miswre5entstth. orthe overrhye of Inlwnal o)nrc4s. A further descrFon of tyjr re5poTh%th"lths fc¥ the Jd of tt fman(4al Staterw o k)d tyn the Financial Report%¥J CounrI5 at w#.frGtyg.ual•V8S. This lorms parl ofwr Report of thè IndeFendent Use ¢+four This report is m•Je solety to Ihe chaiitab ccffipanys ffmbers. as a boty. in attOrdan with Chapter 3 Part 16 of the Compan$ Ad 2(. Thjr au¢Jit th ha5 ten undertak•n so that ¥w mghl slate lo Laritable mpanY'S rnemters thtyse mattÈts io State lo IhEm m an auilrAs' fDf Tho Othef puTp05e. To Ihe fullesl extent rMrtted ty . ftot L¥ assurne lo any elherthan the charilable company and Ihe conyanys rwters a5 a bojy. lortyjr wdrt tsr1145 or Sjr the h•¥e fotmed. Wvxoria Carter (Senr StatLrtory AJitl for¥fid on txhatf rj Hainswats Wales LLP. Statuw 7 Neptune Court V#rvJuard Way Cardrfr CF24 SPJ Pa90 17
Statement of Finartlal Ae¢Nilies forth¢ Y&vEnded 31 IAx¢h 2024 2024 Yotal 2023 Total Donabohs and le9acs 74.1(ts1 74.1CII 22i.5a1 Cor¢ actMts 4W2.410 1.931.840 2.334.29) 2,115.471 Invesbiient irio 16.028 16.028 492.542 Expwdlturo on Core ath¥it 608271 1.929.077 2,617.348 2.480.605 Olher 801 Totsl 1 1.929 077 N8tgainlloslesI on v4ve5tmer 25.104 INCOMEIIEXPENDITURE) 12¥.8331 2.763 1218.0701 1159.3111 Notm¢v•n•nt th funds pl7.0) {wi R18.0701 1159,3111 Re¢onellIoTh offund& Totalthjnds fcfi¥ard 1.575256 1,575.820 1,735.131 1.35r..750 1 575 820 P•JÈ 18
31 2024 2024 2023 Tot•1 lund5 lunds Flxed a5Xts 12 13 21.1 21,OCIS 21.tKJ8 21.1 1.679 Cuffentassets Debto Cash'al bar 14 912.388 578.738 912'.386 403.597 1 392,038 1,491.126 1.491.126 1.795.835 Ctydi Amounts fa&ng due ilhin orr 15 1142,7441 1142,7&i41 1179.2891 1 616366 1.369,39) 1,818,045 Pro¥Wons lor Ilbililies 17 111.6401 142,2251 NET ASSErs 1.357.750 1 575 820 Funds Vnrestricieo fu RestTrXed fvTrJs 18 1,357.7 1.575.256 Total fund 1 357 750 subject to the Th? financ4a stslments apFxo¥ed ty tt Board of TN4ee5 arbj authoris on zoZ¥..... wd *Ere slgred ¢Jn ts behaKIyJf: Pr SSLY Jom Wloms- Clwr Page 19
Age Cymru Cash Flow Statement for th• Year Endod 31 2024 2023 Cash gerer•ted Irom operfh 1 $27 044 Net cash wed 47PiNJ 803.378 1 527 0441 ¢ashflfft Imm InTAStlng acli4Tilles Purchase oItarvJ1e fixed 855ets Inlere$t retewed 125.9501 16.028 4.043 Net cash1¥5ed inywThhl2d ty thestmg adNi Chang• In ¢85fv an•J cash eqLMvalents' the reporting period Cash and eash eq4thTalents at the b8glnnln9.of tIKt reporlrig wriod 1813,3Tr 11.$23,0011 2.915.039 Cash and oqulvaknts atthty of the r•porfiTrJ ¢d Pap 20
forthè Yur Endtd 31 IArth 2024 2024 2023 14etexpend1lu for th• p•riod las wth• Si•twnent of . Èknancfja! Aètsvttl¥l Adtments f4!r. CprecialKn chaTges L¢iss oti dispo,sal i<fthd 8SSèts Inlerèst rec1 (Inrxeaseydecreasè in detrtws 1218.0701 1159.311) 6.6ZO 12.777 116.028) 1508.791} 67.109 14.0431 404,303 803.3761 ANtysis olGhangEs kn netfunts AI 1A.23 At 31J.24 Cash at bank 813 Paye 21
Note5 to the FiMnc1 Stètemerts forth¢ Year Endod 31 IAarth 2024 Ac¢ourtlry pol¥le5 8asfis of prgparfng lh• IkwKi•l slatem Thè financial slatemenls ol fhe chanlabte c•rry. rs a puihle fxnrfrt entty ur¥Yer FRS 102. have Ln wepar1 irb a¢thrd vthh the Chaff1 SORP IFRS 1021,Acwn"f and Reporbw ty.Chants". Slatement of Rec(mmended PractKe apPIable lo (haritw wtyanro Ihw accounts In LrA)rdance with the Fan81 ReprAtin9 Staridard appkabk in Ihe UK and Rep4i4r of Ire¢¥j IFRS 1021 leffedive 1 January 20191.. Fiiantial Rewting staNIa 102 Tr FInaThe Rwh"ty Ststhlard arat4B in Il UK and Replibl or118r and the Ctynpanies Aa 2fth. The financd $tatements have been ppad uThJef th8 ht51wco1 cost con¥ertNin. ilh Ihe exiWon of inveslmentswhith inchJded almartet val. Thg TrLtstÈes ha¥e assessed the Chartys ats.hty lo rxsthue a5 a 9tyng CfrfKem. In mab"n9 thkq asses5rrnl th8 TNslee5 have eA)rLskYerEd se%ral factor5 kn fornw4 thelrconlS10 inchJkng 8 Tewew of updated forècasts to 31 March 2025 clkw . The cost of knng u&8i5 has had a s¥JThfwt Charws o[walaS G¥eful Ml9ement of its financts enled it fo 9riyw frèe r¢seNu in year. Tl Chaw 15 luThled th[DJh uThrestricl&J aTrJ resta Incne fvc¢n fundets frcffl a var%ty ofstyjrces. irthry stslutory btrJEs. try15ts d founda1Th5. corw8les aTr 1TrlwKhJaL4. Agp UK prryhles an unresltKd gr3nl each year. There impaiA on the going concern YJ Ihe c1 th•444e UK GrJP w the 1 fvwrl 20rJ. The Tte•S prepare lorewts kry ¢ytler to ensure ther¢ adequale lundiny in pLa¢e to deh¥er thilab aCINS for I vJmuvJ year. FL¥Eta5ts for a lurther two year5 have 0 been prepared. Ragutaf CCffjmiCal has teen marfained Iqe UK and (&Thors and ha5 planned In ttr wew d Ihe bw and I•asts. th8 Trustees ha mth of Ihe continued kS of costs of the wnpad Ihal turrent infvlbjn athd energy rtes have Age Cyrnrn's operations. CAJnsideration has also teen 9Nen to Ihe mueased demand wr 5w¥Kes brTh4hl abclrt by the rost •f Ui5is ith rontMUE5 to iryao4ttr gfebJty PEOF42 in Wales. r¢¥thd Ihe finafie4al pokn cl P4e Cynvu the kntslees thal the 0)nrn b85i% of Ihe account5 pfEparakn i% apwwri•. l irNj are irthAtd in Statem•rt ol FaThial Adi¥is (SOFA) hen Ihe Chaty gahy enutled. Ihe rethpt k5 probatA¢ and rnnt B mBa5wk. Thè eur pc4ws appty to catsyories Donaliw5 4nd al otherRteIs are repled grc6s on a remable b85iS. Cknls retNabk w¢)me. ¥there retsted rfOrMae and srtofic dtherabks. ts acc£•Lmted for as the cha earn5 Ihe r¥Jhl to Conskl¢ratD by its p¢rknThrt. IAthtrÈ reci¥ed In •dYanceof performan(. rf5 recwrtK>n is aThJ trtditors. fftÈre enblment rtojrs befoE income 15 received, Ihe LegaCS we accounted lor a5 crKe ts recwt of b3aty wob) and qu4ntrfile and enlitleThent uiteria are estsblslrd. For rUn1•Y this will yenEraty be at point probate ts gronted. For r8spJuary 9leS Ihis Vlill gralty be then 3 coFy ofts an Assets si•lemenl ha5 been rPrd fr(xn Ihe exe¢utOf and wobate has been 9r¥nied. expendrfure is aJna for on an aGuS basis KI has ljeen a55thed under hÈadings th4t 4ggregale all ¢thts WElat to that category. cannot be d• iibuted to partKubr headiThJs they have been alked io a b•ss cr1 use of resOUf¢S. Grants payabk are charwd in t1 p¢rK44 %thpn the offer i5 conve1 to IhE reapnt excepl in Cases %YhÈre the bs ¢oThJitthal. such grants teiry rectyJN5ed as ew¢thture coThYrtK•n5 a fvlfilled. Olfer5 $j.e¢l ÈxFenditU. Supwrt costs art alhjcaled lo ¥ifferenl adivty ¢ate9¢S based 00 a of the percertage the specific aciNty repwnls in T¢tion to the tolal rth-support exPeTrJitU. Swort costs incAÈ management. finance. human resour$. infom)at*Jn technok4y and some ethents of fundr8JSmg. GtrIernan costs other Ihan those di8ck68d Speca in Ihfr $ lo t1$ xcrwrds are ir1Yj srt UJ5ts * ated on Ihts same basts. cwtnwl...
forlhv Y•ar End 31 Il¥Gh 2024 Tanglbh fixtyd ass•ts Plant & 20% to 33% sts•bt The chIlab cc4npary fia5 tsken >Jv3ntage of exempkn. und2r IhE lem of Fmwncial Reporting Slandard 102 Trè Firsanaal RePbn9 Slandard appkAb in the UK ReWK d IreLqnrt, not lo ¢J15c)se related pty transact5 vAh trÉ9foLV. Taxatlon Fund accouthfirwJ Un1r1ded fund5 can be wth tt raniablEoiydNe5 althe (i5crelKffj oftlÈ tru51ees. P¢nsion ¢05ts and otherP)St1nMel benrfts The Chity cfjnlrbutes to 8 growj pers r¢¥th pln by Zur¥th 05 orxupatwjftal mo wrchase $cheme. A pe05ion pLqn 15 avadab to al entry o4erthe •Je o11B. The assets oflhe $CMe are hekj separnlÈty frllffl Ih05edthè Charty. The annual corrfrit>utiw payments are tharpj lo lh& SOFA. lJakn In of definal benefit pkns land other l(w tefft empkyee brts1 ts (ted by estrnaliry the amovnt of fvture btfftS that ptyees ha¥t eard in retl for the¥ li Ihe current antt or reld$." thal di¥wited to detemiirt its • vab. The far gfany r4WI assets is dedvcled. The entty deterri rtet mteRst expense (mwmel th) the rt defingj befieffl the peiiod by PlI¥J th¢ di5GWIt r a5 +t¢rm¥d at Ihe tJinniTrJ d Ihe 3nnval pwifyy to the dBf¥d tr kt•lity t8kirwJ atnI of¢h¥vaes arisir4 as a Tegjk and ber p8ymerts. aThJ hviry matffjf dates •)woximatuvJ to terwts ofthè enW$ oWatiors. A valuatiw perfornd annualtyT 8 qualtsj aduary usry the propded Un UEdrt metfv)d. The erbtty reccgrAse5 nel defid bewfil plan a>sets to the extenl Ihat rt is 4e t+ lh2 swphts wther thrwjh the fulwe or thwh fethjrth fromlhe plan. Charw in Ihe net defined teneft arts¥¥J frcffi le8 SÉTh8 widertd during the perh>J. net wrteffjst on defi t¢neffl ithity. aThJ ts ry)5t of pkn YdrodKIbs. befil clwys. (rtaients arml setuemenls dymglhe F)PfityJ we inyofrt ty Ip55. R¢Th•35ufEmtnt of the rt (firJ berfft Wyi¥ss¢t re¢ognsed in ollw c•ryref•nsi¥e in th• peTrJd Tn which it cwJts. Flnanrial Instrumevrfs Age Cymru has f)8 assets aj fin¢1•1 lthtvas ol a that qualfy as finantsal 1rtstrlmts. B35 fmancial Irtsiruments are inAialty rec(4ntsed at tr3nsadK)n vaTrue and subsequenty measured at the present value fUle cash lamrxtised cost). Finantial assets al amortksed CDSI comw5e cash at bank and in hand. sbcrft lem cash deposits aTrJ the rhaty's debtors exCIlift9 Prepwts. Finantial al ¥norfised cosl lise the shtxt and temi (xedof5 ex(Jdw delerrl Iame and taxakn"oTr payabk. No has been aPFld to these finartial instrurnent5 on Ihe bas Ihat the rts er arnots l)e sethd are such thal any ¢se0Untsn9 wcoJbJ te vnmalerial. PagE 23 contnued...
Not95 ¢0 the FmarKial Slments. cOntWKd forthe Year Ended 31 liar¢h 2024 Z024 2023 48,103 .coi 41.022 180 559 Leg46s 74.1()4 Iw•slm•Dt 2024 2023 InlÈfest 4.043 2024 2023 C¢xporate 76 18,670 111.345 C¢xe 8thwt%5" CLYe Other Grarts 59.7fj4 2.115471 2024 .a023 Olher (see not• costs Iseo note 71 61 Totals 2.021.475 17B.002 417.871 Grant& wabl• 2024 2023 Support Gosts Included mCe costs ts ate rniumer3titin of £10.(0) Tot815 Coreaaivrt 39J.393 Z5.992 417.871 Page 24 conknued...
'N8t i{ex[Wle) i551alod afterch•yYqllaèJff•r¥Jl". 2024 23 12,77T 801 .Thtie trle¢s. renmmerth u ollr beoefvs for tre ye¥erthd 31 Il•r¢h 21r24 Tr)r for year end 31 Marth 2023. 2023 2024 2023 1.595,327 147.468 149.594 Cher pensKin cc4ts 1 867811 Key Manayewi Petsonrf 3rè defir 4$ Ihv CÈO the M¥nw¢nt Te. .Ther& weo 5 irth•JuaLs inchth hin thi% c4legory'aTrJ thknkeymanagwDert mUnK)n w&5 £2eo.76912023.. £261.097F. 2024 61 2023 2024 2023 £70,(X11 _£80,0 Page 25 continued...
Ay Cym forlh¢ Yèar Ended 31 IArch 2024 11. funds nds i)onatirffis and ga(ies 221.581 221.581 CO aL¥itS 422.847 1.692.624 2.115.471 Inwtrnenl 4.043 648.471 1.692.624 2.341.095 on Chavrtabh actlvities 682.316 1.798289 2,480,605 Other 683.117 1 796289 19 (4)) N1N¢1E1IEXpEIDITUREj 153,6 1105.8651 316 1159.3111 45.670 P04.9811 1159,3111 Tol funds brrJW fomwd 1,&29,586 i'.n5.131 Totsifvnds rarfgd 1.5752S6 1,575,820 11 Tarf•)le f•d a5s•ts Pknnt 4nd machl pknt& EquipmÈrrt At 1 .1 2023 dth.ons 53..388 25.9 17.375 At 31 Ilar¢h 2024 70 763 8.575 79.338 At 1 April 2023 Charge fof year 51.711 5.430 51.711 6.621 1.191 Ai 31 M*th 2024 $8.332 Not book v4u• At 31 Mwch 24 13.622 21.0( At 31 2023 1,677 1.677 Page 26 conlinue¢.-
A9ÈCymAr 11 Flxed asset irtve5tments Shares In undertakln At 1 ri12023 31 Marth 2024 Notl)ook valuè Ai 31 Marth 2024 At 31 March 2023 There21? no irweStrnI •55ets ¢xts#Je Ihe UIL At 31 Ilarch 2024. Ihe charity lbJ Ne$e folkn¥J subsxliary uTrJertakit¥Js Cthurtry tsl NthrE of Clxs olstArt Prnpvrtiorb of shareholdbng TradiThJ. Age Tradirvj L¥nited unl Kwykn) l•Jtyrnant) Ordinary 1& ct0. amounts due lthin ytitir .. 2024 2023 TRde deble Cxherdetknrs 42221 123 870.044 35.845 123 .367,629 912,388 403 597 2024 2073 108.788 16.035 37,238 VAT 67.246 37.018 142,744 179,269 16. LeaslThJ agrttrn 2024 2023 hn one ytar Betwttn one aThJ fi¥ In more than fNe years 54.3¥ .rA$2 110,301 49.974 193.639 224.187 17. 2024 2023 42225 Page 27
Agé Cym farthe Year End•d 31 IAarch X124 1& Uo¥emon¢kn fvr¥ls Al 31.3.24 AI1A23 irt lunds furyts General fiJnd Designated ITarvJ Solw Dgnated Premkses De%ignaled Staffing ComrnrfmErts DesKJnaled Workir¥J Caw Reouyenwts Desynaled Staff Costs 1.575.2 (220.8331 1840.073} 65.OCQ so.000 75.0 2C#J,O 514,350 65.000 50.0(O 75.000 200.000 453 400 1,575256 P20,8331 3.327 1.357.750 InfoTmatKffi and •Jvw {1121 198.7181 101,593 112 97.598 101.03 1.120 Support r%hvryk TOTAL FUNDS 218 0701 IncomiThJ In fund$ tkneral 492,542 1688271) 125.1041 1220.8331 1nJMatA ¥nd ad¥ ,WellbEing Supwrt the no tr*•Kh & Gare 383.741 1.336.338 174.731 37.0>) (383.853) {1.435,¢YJ61 (73.1381 37.0 11121 198.7181 101.593 1931.840 TOTAL FiJ140S 2.424 382 .617.348 25.104 218.070 Trnnslw5 At 31.3.23 Al 1.422 In fvnd5 fvnds UnrnstAci8d fund5 Genernl fr 1.529A86 153.6461 99.316 1,575.256 Infomia1 Ilteirq campaitry and search Svpporf the $4.310 109.341 12.333 {482C6 121.8721 15.47DI 129,0561 (6,1041 196.3491 16.8631 1,120 15561 105.665 TOTAL FUNDS 1.735.131 159.3111 1.575.820 Pa9e28
Ag•¢ymvu Nots5 10t FincIlI Stal•n•nts-cortinu•d fry I1 Y¢ar E0 31 Il•r¢h 2024 Movement th lund•. ¢ortlnwd ¢oN¥JaraiNe net infid$, Ihe attyjve are as fdkhvs.. Res¢Te Gakn8 and V•)¥omoni In funds Unwstri¢W fvnds General 648.471 1683.1171 119.0Tr)1 {53.6161 R•rkt•d funds Inlornalion •Jv WelliEirvJ Campanj aNI research ppcrtthe alth & Care 420228 1,032,313 278 164,639 1468.4341 11,054.1851 15.7481 1193.6951 6.22 148.2Cel 121.8721 15,4701 129.01 1.692 624 1.798 105.665 TOTAL FUNDS 24814C 159.311 Oesiwated lund5 ha been lorat¢d byt1 dorityhrwi¢es fty p¢re4¢h des¥jIed A)d name. The c8nty U1188 its reslrrled rJ5 Ihe year. Tr•Mfgr5 b•iwwi funds Dumg ts year Irznsfw5 01 £3.327 ErE rpqwed fvrvjs. io exos$ speTrJ on reslridè lurnl$ rhxexpetted to be re(vered Ifwh futfft the respedNe restride¢l furvj. 19. empknjw bw•fft The disdc¢ffts telow are in respeLX ofts Age Cynwu Sedion oflhe Je UK Re"rement Benefits Stheme 01 chemel. The le¥el of beffl$ pmwled ty the Sttme depeThls on a members IW of serv8 and Ihw salary 81 t date ol schen. This secb.on olthe do%d tOftjre atxyul 30 No¥be[ 200B. A ff1 acbjarial ¥8luats"cn of Ihe Sctsrr as al 31 March 2022 15 in Fwre55 and the Irmb fesd15 of Ihis va1uatK)n have been updated 10 31 Marth 2023 ty a qu•ltsJ A)JepeTrJent acbjary. Empwr contr¥jI10 for the year en(fing 31 March 2024 a 25.IM)O. Tlw Otrilnrs indude ah alknvartr odministratK)n exwns•s aTrl Perfyon Proledw)n FLmd12%ryes. The iThli reslrfts oltt lst fiJnd•wJ wdlvation • 31 Marth 2022 teen adwed ts the balaKe sheet dale. ¢akn'r¥J accounl of experience ¢Jver tt Sir 31 Marth 2022. Larys in m•et conthl10 and differpnces in the fina81 and demograph"c assWnF4ts. Ttre PTe5ent Val of Ihe defmed tr¢nefit obl8 was mÈasured sir¥J ProRthd Unil The prCIpal as5wrpknxo to ¢4ki4ate urbjef FRS 102 are $et OLrt bdw. Prin¢ip•l actuarSal as8wnplloTr& atth• balw¢•sh•ot dth: Main finanoal asswrytA Inllalion assurytion IRPII Infliotb assurwTrtion ICPII Rate of increase saL81ie5 Penskjn increases". Rate irEase in paymert pre 2fj pw¢ Rate irKrÈase in paymert post 2LTh Llscouth rale M•r¢h 2024 3.20 2.40 31 M•rth 2023 3.25 2.45 3.70 2.10 4.85 Pe 29
Ag• Cymrn for tho Y•ar ENl•d 31 Mah 2024 Employe& bondiiobllgations-eontlnwd M•ln demogra1¢ •s8umpUw 31 Marth 2024 31 Mèrch 2023 Mortdty 100% ef S3PMA basetables lor IO0% of S3PMA base tsbles for males ar6 1(Xl% of S3PFA males ans l(K)% of $3PFA M b0S¢ tsL4Ès for ferrs base for fema$ p¥¢e prcfckd by year olknrth ty year of bwth a%wmng fijlure a55umiry firiure iryr¢Mnrnts improvements line with CMI in lin Wilh CMI 2022 wojec1nS 2021 projections luAlh pete lilh parnrnete Sk= 7 0. A= Sk=7.0. A= 0.25%•d 0.25% and W2020hv2-3J21- w2020W2-2021- 11YA l a 10%) aThJ a lffig-term. rdte of 9 4emi. raie of imprOvent of lnvrove14 of 1.25% pa. 1.25% pa. Lifeeyctw for male oJrr• aged 65 Lrfe exwctarLy for fema ¢x¥renfv aged 65 Lrfe eyctsrLy al 65 lJr aged 45 Lrfe eyclanLy al 65 tsrfema jenlY 4ed 45 Cash tommiaic 21.7 yews l•Je 86.7) 21.8 years1•38 86.81 23.6 yws l•> 08.61 23.8 year81•3e 88.81 23.Oyews1•3e 88.01 23.1 yews1•3e e8.11 25.1 year5 (e .1) 25.2 year51•3e .2) 3r has made for all All(wanc has been made for all lo extharoe 70% of fferthr5 to exchan9B 70% ofttr• MamuM cash alknarKe a¥ailabl• won retrernenl 31 March 2024 31 Mart 2023 £OOOs 92 Equities DNersified 9rtyh Infrastrucbjre assets lirvJuLkn9 Gdts aNI 146 14.5 135 131 13.0 6ondsl 63.7 707 70.2 T41 10QO 1.008 100.0 None ol th8 ScMe assets arE. irwe5ted in fv Erryknye¢5 fiThanciJl ¥¢bunwts or in propety by. ar •tr assets used ty. tht EmpknyÈr. R•¢onCIltIN lund•d Slkn$ to bakn• sh••t 31 IAareh 2024 ÉQOO'S 31 Mafeh 2023 Fairvalue of &55ets Presert offiJTr4ed bertefit ot49atm8 Funded stslus VNewnised Assei Lwt¥lity r8ccrfJr•5ed on ts balanr strwl 1.008 19461 62 1621 55 1551 The in the Val1 olltE s(me onnot be ithdr8¥¥n from the Scheme unli eTrJ of Ihe pers, therefore the valUaOn the is recorfed 81 a rTrsuWus. nLFdefi(t p1)n. 31 IA8rch 2024 £OOO's 31 M•h 2023 £OOO's OperaiiNJ tosts.. ministra1)rt expenses Penjion exp•n8• rncognty Inth pr¢fit *md lo Amounts Oth•1 Coh¥x•Mrtsiv• 31 IAarth a)24 £OOO's 31 Mlrch 20 Asset Ik)sse$ygal l$iTj ¢JwY¥J ye¥ Lwts"lity 9800s5es> artsir¥J Iheyear Chanys elts¢t olthe assel ceilw (2471 210 18 Paye 30 COntn0...
Age Cymru ftythg Y••r ErMJ8d 31 2024 19. Empltyeo beftt obllgalloro. ¢on¢inwd Total nwrrt r•cognls•d In QCI 1203 Chang•Sto th• prn8•rt valu• oftho d•fin•d b•rfft oblWtI¢xb durfngth• y 31 Mareh 2024 £000 31 Mwreh 2023 ning defined errt oWion IOBOI Inte5t e¥pen5e w DBO Irial (gainV1Ls sdm2 habitis Nel rErrts paid out ¢l¢sing dtyfin b•ndiioblWtkn 1.176 45 12101 152} 1451 ¢h•nwto Il lalr ¥• ofs<h•n a5s•ts th• y 31 ltsrch 2024 31 Ilar¢h 2023 eooo 1.256 32 Opermng farva1 of s¢tr•ne •ssets Interest in¢)5 on sthrne asseb £ TT GainlOos$l on stheme assets Contrbuons by the Erryer Nel benefrts paKS out AdMiThrat sts 1rtUr C1[n9 fair va# of &¢h•m• asu 12471 25 1521 161 1,008 25 1451 15) 31 1knh 2024 £000 45 1191 31 M•rch 2023 £000 32 12471 12151 Interest on Srthme assets Gainloossl on assets Actual rttum on Seh•mè 20. R•l•i•d paty dlsclosurns There We rn retsW partylr3n5•dw$ •y• Jvrerb*d 31 M¥¢h 2W. 31