AEGL%TERED COIAPANY NiKMBEFi. 06837284 IEn*nd 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 Wa*s) Ground Flopr Mariners Hwse TTrJenl C￿1 Easl MON5 Ro*1 Cardrfr CF24 5fD Ciiarfes Caller aria Cwgmis Hannah Davie5 laKwinied 211123- 07.03241 Catrin.Da￿. ola1￿.￿ughÈs Ro&?rt Ma￿r*kI . si¢ven MiL8om E￿anOr$AnderS lapwn*ed 22.11.231 Carys Henry Iresgned 28.C6.231 John w￿9M$- Chaii Audlto Hoines Watts ¥A¥les LLP. sla1utory￿JthtO 7 Neplune Court Vanguard Way Cardrfr CF24 5PJ Ne￿￿1 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 cor*nL*d to t¢ thawg for maty L*r te*. At tt* Iwrte of WTibN: w have lust la￿ the resuks ofourl8te5t $urwtr¥*ing Ih2experwK*s dobJerpts* in Wa*s. More than half ￿ those ￿￿ded Ic*J IhBW phys￿ healh is a with mary sawng Ihwr health ha$ deleroralpj over the 1451 12 rnorth bx•*¢ to xr*55 Worryir•Jty ntatty a thNd of.the respontsnls 131%) felt that Ihelr thysxal healh W thleibxated durry kn51 y*ar. onty 8% lett Ihat it h*J imprty4ed. Irb addrtior¥. olthose ftyjnd mentsl or ￿¢4￿)n￿ he4th a Some m6niioned that IhÈ hwJt¢r ¢oSt af ￿"1￿j was alkclry Ihey physKab heath wdh Fyky tw ￿r￿9* 10 tsry fresh Icod or heat Ih•r IKrfnes suffK%nty duriry ¥Mrrter. TIy5 15 al tt% ￿MY? worrying the rtt*nt'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 are1￿1 IlxE51￿Wl sknw*Y*ilhthi% re￿di￿ li SUPPM for ￿￿ts. ljur is a s(thty in Wa*s tr* best eN4)Èr*nté of Ohjer are wa￿d, Inclityjed and abkn to shw ihe det3sb)ns affecbry tlw Iws. #aff and ¥obJnteer5 logettwto ath￿e this ty support Tog¢tr*r TAè make a drflerenc*. Throughoul 202314 S￿led 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 K*oF48 . educat . Prevenlir¥J w rele¥iTrJ sid(re55. disease in objw Iwfieiheremclional. menial andlor plrysKaf) . Promthng eQua￿ty and dNersty . Proffloting mtv￿ ryJM5 ofoh*f F*cfde In %￿darK?With Ihe un￿[SaI OedaratiDn ofHuman RMJrrtS • Assi51ry olderpec*le ￿ nted by TEas•n ol hVhealV). dtsabthty. finanrA* hartlshp or di5athtant•Je . Pramotrg trawwng. ¥ts. c￿l￿e aNJ her*age lof the benefft of oljer r . CAher(*arrtth purFose5 the ofo¥er as tru5tee5 may fvL*n line ¢0 t¥ne 4*c*Je 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 thaiit*lv otryeL*Ne5. a5 Sel out in it5 MwrK)r3ndum ￿ Arti*5 of As50rial*)ry. whKh may tr summarisgj a5 inwiThJ ¢he fve5 of Fe(ple. is d￿or￿trat￿l ￿ the rep￿ auiwties and ath￿eMents. The wJbliG beneft a￿[ng fr(rfn * Cymru's is inwkrt" in the cltaritat4e Sw¥￿$ ￿e￿ere{l and assistat)ce gI￿n lo older Ollering oldei poapk inWal¥ the bEst*xpErnnc• 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 Wa*s has an awryj pCP￿￿on. Th¢ ktesl w*JKales that are rnore than ever befo￿ older a9e groups in Wal¢s'. ofthe 4ed 65 arxl o*r wa5 21.3% lup 18.4% in 2011}_ the aftennah of Covbj arwl againsl Ihe b*kthLV d th& o)st-of4ving c￿15. o&Jer peoplE are faung s¢)me of the ha¥desl ch*w 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 Y*thenyou ty ha¥e the TV OT radv) to keepyou company. Aga Cymru ain5to knith tntsted advKe. supwjrf and servK£ Twr*th￿ts of old2r peo* respDrnJry to tyjr 2￿ u5 tly had acce55ir¥J healhcare arhy 70% of pecple h*J Ir*d lo accets care l(*J us tw had h•J a r￿aINe and old¢r pecyk were teiuig us abwt the chalErqe of the Of￿1￿ 3Tr1 Ihi5 has ir￿a5￿ IWh the year. These TH￿Ing$ ate replllxtsd in the kssues ¥¥e are I￿a￿￿j atwl M Age Cynvu h)rA%re a prornirent COn￿M lor Cal￿r$ became Ihe lead i55ue for many owr ksl yeaT and have also SEen a s¥nrfwt irKrease in ¢alb about he3M￿lated r>s￿S. 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 ￿lL￿d mlL*nt* the p)srtNe thange that W￿￿1n9 with owlxal Partne￿ todelrltr. seek its irmovat2. mL*p4atè aThl drNe VIÈ WAI del1￿1 in oui vak*s. Qutprior￿es are to . Infiuen¢¢ amd pr¥tr¢ to ryro4E ihe qualty ofwe forL*r pe* in W*& i. AthfSc• Throwjh￿t tr* year pro¥thJ ¥warbal aThJ inf￿r1￿￿n & adv￿ to okler pwple, iheir famlEs, fr￿d5. carw5 Woknsi￿#ls IhwJhcArt W*s. team dekn5 our telephone thice line. H4vifig Al IArfrfwl InteU￿rK￿l behiryl clthji. "P•". kn ènable to sell.seNe. finding 8n5w8ts lo their quer*5 ¥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 aSkI￿1her￿eSt￿S rel*rylo thw query. Thi5 meth¢xl of nta¢t k8setto b¢ intr¢rtj￿*d by 2D24. This ye•v * l*lF*d 9.918 pecple to resoTr4* 2&179 r65￿5 Kknbw h¢W peo* lo daim ￿r £797.0th) in pre¥ioW ￿d¥￿ed berth. Tha mosl PLwufar tw forow (*rt5 Wev4￿ ar*1 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 PDpul*t t￿. at￿u￿]r￿J foi 12% alen(wThs, is ￿all￿aTr. pdales forthe5e resou¥c*s to ensurE are r*v*t up to date. These wovide wful infornalion on a range of lopu. Ind￿lIng h¢alh. care. rmw, ¥*knn9. ￿1￿. tr￿￿, rfv*. arKI ryThmunty. Information 9UKles and factshe8ts avaiLqb* m pnrrt by req￿51 orek¢XrwK4tyvia emal or IDik to our *b pages. Currentty, *B have 37 Infornalion Guffle5 a￿1 $9 Factstreets. TYA* ol mosl ￿p￿ar guides are Walweofic ￿rter Wrapped Vp MvrE MO￿ ITh YwrPr¢*¥l •Th* olthe 59 F•X5heets. 30 SF¢th kn W•lvs. You gave me th8 Co￿L￿nCe to I rny￿. 05 ￿rnaly I'd ￿ oft my s¢n4 but fw b8en to do P*Je 4 Agè Cym lor thÈ Y•ar End•d 31 I￿￿h 2024 l)Jrpnl F¥UJE¢% with ca￿Tr Tru51 W*$ by ihe We&h Governwl untl MarL* 2024 thrpugh the Sustsinab Social Services Granl lund. 11 ains to SUPF4Xt ts eaty •JenIrf￿aVjn d L4Jer carers. tsmety antt perS0￿centr￿j ithrrn*w and thK*. and toenat* ok*r ¢arw51o pc4ry. ser¥** de5hJn. ¥dr¥ery deCi%￿n makit)9. I￿￿rSon ￿lo￿at￿)rt.. Ab&raemn. P¢*prithJ, Rhonddi St Davxl's. Swaw8. va￿ crf G￿￿1￿2￿. . hslwe. FlnL51urE. G*Erl. M Monmc4Jlh. and INr8xham. These havE induded cL￿bI￿allon of opp)rtuArt*s lo erw wih tolh unsLWted carer5 le¥ents oreTh to the 9enefal publ￿. such as c¥aft grou￿1. and al est*AsW ¢arets support (bteakfasi d￿>$. ￿rI￿Ory gr¢x¥)5 local suppryt grows, lor ex￿p￿). In telal. thjnry 202>24 we ewed ￿ 337 okjer c4rers at e¥8nts ac¥oss Wa*s, provKlINJ $￿POrt to ￿(IN￿jua1$. 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 W*15h Governry*nl to March 2023. this has been extendeo lo Plarcth 20ZS. The cl wrynotes aLxes5 lo eaty Wite￿errtw $upport al commLm thrwgh a rarKJe of advrfary modds for Epeop￿ 8ThJ carets ¥Ji¥ss Waks. rt defNe(s trairMrvJ'afid tivers ¥othiThJ opwrtun1￿5 to the ￿ sector in Waks. allns to support perwe al an eaty #aye in issues urtoncerns to stiM>ing into cri5i5. Thi% year ￿ recew•S 389 referrats into the ser¥?￿ re5u#ed in 3355 rKrtxts. 5UPPNted peop￿ wth 503 sues. 15 people were suppryled through Ilbt ￿1$h larwjuaye. rkned 265 cases arbj hao 87 case5 cpen at the end clthe year. A l** el seryice5 ￿ ccfflmunit*s arxoss Wa￿5 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. art*SS lo seMce5. c£*)sumer iss￿. mo￿r￿j arÈa aTrJ a¢￿$*n9 meditral pradrtK)nets. Two key lheff￿s th15 year ha¥e been refe¥ra15 invthry ￿ rnrnpan￿ and repaws and ￿roVe￿*￿S, paitiojlaty in h¢xtsing 3ssocial￿￿ aTrJ S￿￿ered #(A¥nrrKxlatiNI. We had 135 adi%* ¥olurteÈts ai the ¢nd of the year. ha4* h•J a totalof24J acarle ¥olunl*rs1155 have left over the lrfe of the prw*l vtho IWt*r d￿￿ere¢j 2741 vdunleerhour5 ihi5 year. that ¥r4unleers ￿re av&1at4e across all re9￿￿ to SLW?rt dEr4s..Vcknteef wuitment folrnved a Fersonal appr08ch. ilh cOnVer￿10n5 irtery%ws tskirMJ pl* lare lo face to b1￿ relalK)Thshy5 and to encournge retention. We to otwale a tyb￿l mcthl of ￿ so rfa rJ*rt needs a hthme ￿11 wt revivw tbe w￿st, S8e rf*e have an availabkn ¥I￿nIte[. crffiplele a risk assessment and do a w51. 11 onv i5nl rw4Bd. we delNei Via lekphon?. Our h￿r￿j dèlNW rrean5 that ¢yJr ptr)l of ¥obJnkers ran wryk across the country so that rf don't have any The half 012023124 saw 9ru*th in the way ￿ prom(rted HOPE Icthry a 5LK£e5sfvI Feriod of ￿truitMent as a resutt of staff tumo¥er. Siwificanl tI>Dk plart with al partn￿ arKI stakeholJeT5 as as wrth the munty at h￿baht (rf the thal guarter *3 e%w)ts th* ￿[e rygan￿ed in th￿¥ at•)n5 Wrtm the SrKrth w48￿$ Reg•x. PrryncrtKn ￿1$ were l*kJ In Nthwt. Cardrft a Swansèa where IDcal part￿￿ aTrJ clher sl&knhohJws loc* part and events in Gwenl * held • Spfiny Wel￿$ e¥Enl. A W￿ter *tkne5s even¢ was heky in Nteryswth in LknrA)er a Spnry **llness event in Brecon Math. events vRrE 5W)Orted by wwett par1￿5 and ty kxal ¢ygani%alktins. Futhr everls have also betn hebj across norlh Wa*s. Many ok*r 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 st￿1 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 l*kJ and pc6itNety l. We ¢ompkttd the year *ith a IrA* 0115 xtpie vU￿r*eer Ambassadws. Our arnbassaON5 have ioined the team alexlemal events to gve ex￿P*S 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 ￿1￿J$ 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￿￿￿$. HCFE ￿jeLl atso e￿Ie am are aware of natK)rwl and u055-oJtting *lvow t￿ring 202>24 netsvorkmeetm9s IwJAsed.' . Loc4 Commis￿￿￿￿j arrar8w*rts . Devebpmert ol•Jvctscy strategEs . R¢v*w oflunding aThl Th*JeThrts . Incwased 4emarKI . Challpngtss 0f￿ry￿n9 r•tainYKJ *Jvcdes H￿s￿9 ￿e5 . Literty Protethon Sakguards . Citryen vo￿* . Bv4'Events . CPD.cWc￿j￿th$ . AdYoc*ty c￿[nIS 9. . COnsuhal￿rI on 8 N￿tTr￿￿￿1 System IwW*s . Lé*ts fft Ath￿caLY Sywl . KtLsh NatKnalACt￿ Pkn lo 011￿lef PeoF4 . Cuesl ¥e*ets I￿l￿Sed on Cwe & Repaw. for tht VoiL* Boty. level 4 A￿0¢a¢Y quaSrfKaltrJns ur5es n Wa*s. PareTht￿ AdvDttaty aThl the ofthe IPA Athocate. the pr¢¥res5 of Uais and QPM aTrl the 9th(￿cY rayle ofpradK The Derr￿1* Adv(vw Prcfjed d￿￿er$ to are 18+ aThJ arp with dernenba ac￿￿$ Wales. A￿etaGY is by re9￿￿al •J¥(Kate5 both 5peG•W knth¥ledg8 athd strow knowledge of Our adv￿81￿$ rneet with pecglB knng dunerlki arwj use a r￿e 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(*r*wlion of rKthin5tnthd apwo*hes <￿￿on centied. walchirvJ briel. human rights. and ObseNati￿1. Tht5 ￿¥￿￿*S tsme *ith ￿ petson, speaking wrth their larniw. *amirq about their ￿le. and prevwytsty expressed *ish8s aTrJ xtbjn. 85 &s re￿ry cwe &•i5ry with tt￿r carE team. Thi5 year we ¥LW￿led 1261 pe*. and 519 *we wjentffied. We a￿ supportiry pery)￿ at all st>3es of the dementia Jourrw and srrfne ol whcffl t￿nse￿￿ 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, char*Je 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 exte￿Ne 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 nets*yk5. 5enhY rnanager5 io Ixal aulhorty adul services teams afid heatth boards acmss the r8ghJn5. The HÈ*J of Sa*guardiry and Pthocaty is a of the D￿ntl9 Partners Nalicfial Page 6 Cymru forth• Year EndÈd 31 IA•rth 2024 h* to raise B5ues Ihat lo pol¢4 *•Jety %r05s Wa*s *•lh ow pdKy and team *K4thYtr*J', 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 for￿re home5 or *pprDpri*e rare ITh the cr#r￿unty Ihen mp*s dothar*. larnAw say they donl lTr)w lbthal Ihey have tre serviR arbj thatfvy be foreveigt*efuL Feedbxxlrom cl*vts. hmily. ¢•*ps. 4KI woknsiona15 Tr supportgThen w*s 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￿$d ol(IEr pBot4e to Shape an¢J inlkw(* the and delNery ￿ servw and that retsd thwr needs arwy wiorthes by prOv￿1￿j comwehens￿r arKI effedwe secrelariat aThJ deveksw*nl servi￿S lo.. tNe Waks Cymru 0tderpeop￿'S Athance ICOPA) Nalvjna PenS￿￿er$ Ctybverikn W*5 INPC Waksl Wa￿5 Seniors Fc*wn supported Il* Wths Fowm eNEnl 2023. thfvjed ty Rachel fr￿n the Objer Peoples Ccffjmissh?n and n*mLws of new Thv ol t￿. P ts k*r P•or48 publK ltyknts campavn was anrnunc£d at Ihe e¥enl. the devetpMt of I￿ c*rpawJn th1o￿3h the year. initial research and survey rEsuft5. dL%lribulry Ihe suThey 8TrJ rep(rft. surp)rw ForLm to $ubmA a tD.Wsh Government. and &atsing with ￿nISa￿or￿S t(F￿r￿S 3 Day c4 Actiw in Jure 2024. enabled the Chay to apFe8r on ￿v Wa*s aTrJ 88C Radv) Wa*$ 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 th￿ti￿5. NPC Wak5 CDnlinup$ its In¥¢fvem￿% wth the NPC UK Conr*clws for c*npaw. wrth Me LTrf Ihe members srttit¥J as chair of Ihe UK su￿Mm￿e. KknbÈw5 have COntin￿d to attend rnwt¥¥Js Oft￿ NPC UK executwe rneetir￿ Londcffj. We supwrted ￿￿be15 lo de¥eW a guarterty W￿￿tte1. We ¢ontinued lo support IhE devekspmenl of Ihe tbsite and social media ac£ounls 8ThJ alfvtsed to iNeg￿e sotAal campaffjro. We I￿11$ed with organtsaiioro lo provide S￿akerS for meetirys. P**na Hethts. Hannah Bfftyn MS and mart￿ Shpton from Nat￿￿ Cymru. We fwthe tybrml 2024 AGMto bo t*bJ ￿ Cardiff. oirrtinLEd 10 5UFrf)Ort Aclive W*s's executi* meetiThJ5 and to Or9&￿ the b￿￿rtUal in•erson tonF*Ènce for branth officets to shaTe gL￿d Practi￿ arKI lo hAurE FlannuyJ of ￿ wa￿S'S ￿paign$ and WOrt￿an. pFovide¢J secretaiiat and *JminstratN* suryort the *)nual Cl￿fere￿re and r3ty hehy In Porthca*l. aTrY advised on fvIu￿ ¢haThJes lo event structure. We enabled charvjes lo AdNe W*s's socAI Med￿ a¢￿u￿t$ and websble. conlithue lo suN)ort AdNe wa￿.5 wng wl)at isolat&>n WKI *y*th"rw in Iheircc¥runuTht*s. provthd admin￿trat￿e 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 att￿dan￿ for rTremt*rs in ￿rth and West Wa￿. È supr*Jled of aThl trustees. We supwthd the Board of TNstees to implemenl the researth and nbraTrJiry lecom￿dations, updatry Ihe websle and soual me&&a KcfgJnts to relleck th8 nv* braThJ. oryarbi5ed new l>an￿￿5 aTrJ puNKJly rn*erial wilh the brandTrJ. V¥* *lthsed and s￿rted al orgar￿a￿S to the¥r rT￿b￿S on th￿9? lo d¥Jrtal pkne lires. Page 7 Ap Cyrn forthe Y*EryJed 31 IA*rdb 2tr24 We als0v￿rted ￿ part￿rsh￿￿rth Ihe obJefF*c*'s lo d￿￿tr Iwr tsurth sur¥ey ofolder peop￿ in Wa*s. 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. e￿rienceS of t*in9 uryahl carers. ffinan￿8. represenlatRJn m s￿. atso hearf abouf aC￿￿ryj pubh"ctranwt. housmg and getting o(rt into communths. Thp infarmatw gathwed shared wlh Govemmwrt. used thrDuyhoLrt our irbfl￿cry ￿rk ar¥1 sha￿d with other organ￿*￿￿ts toerwJRge Ihwn to ￿Yersta￿3 *that mattets ￿ c4Jer pa(*. fluencing pgstho ¢h*g9 Age Cymrn Wc￿$ hard lo charyje on a raThp of fTrm ￿Jt￿& ¢*npawJning tow0￿ry wlh Covemments. È r8spor#1 to coTrsuh*iw. ￿ pThile evbJErKe lo erK4iMr*s. * d¢vthp *yJ share wr 04wn bri8fings, reports aTrJ posd￿n5. aTrJ we re1aiDThShv￿ pC41t￿an$ and oifuals to shaw Our￿d￿Ce aTr1 MIluen￿ charHJe. Thks year we re5poThled to 37 ol •iisth r•3ardry p￿1￿8$ aTrJ i58￿ affeckng ohler We akn used QpP￿U*rt* to mlbjeftce thwh tre Mini5teri81 Adwsory Grtyjp for Ohyef Pewe, Third Sedof Partnership COU￿1. HIW SlakehobJer Nthsory Group. the Cr055-PaJty Grixjp on Oklei PeLpl2 a￿th Ayein9. the DV stakehol￿ Bo¥￿. meelry with the twy M￿SterIor He2tth and SoL4al Care. and ￿)￿1r4 a droTrin sess#)n for MS, the Senedd. hdd an event'A sp(￿￿ on objer aTrJ M￿tal ￿8￿h. a¢ Senethy Cymru pres¢ntabons ftom a rary of organisaliorffj and a ktyncle fr(xn the ￿￿terIor tr*atth Eaty Yeats. wewe also inTrAed to PTo¥*le ev*JerKe to Senethj CymN'$ LrKal Go¥emrrent aTrJ CommdttÈ on ing￿ry into the Prwale RerAed SKtor. Support￿9 9ood %>clal ca Socrdl care and the of the SKaal sw¥￿￿ IAWbery (Wale51 A¢* ￿tinUeS to be a major focus of our ￿￿en￿r￿a htymes. along$Hl8 ani8t Practit￿ de¥elw"ry prqeos wih res#Jents 8TrJ K4iJnteer5. We aL%ode¥elyd a resouro t SUFVOrt goc¢J tra￿rtiOn inlo in a we home. The cybnmaled ￿ Iwg COrfefer￿ to shart got*J practice and vjeas. and shapettie way foMard ftyth$ p) Va*s. We a150 pjith5￿ our 5•cwd r•port on Ihe (Ways in a¢re55 to 50w1 Wry are slfil wathn97 m81 with the t*puty Mtiisterfor Care to otsc￿8 the I￿￿)￿￿￿￿￿at1Ms. athj *Alh other key 5takehc4OETS Wales Ayingt Sc•m5 P¥ts*￿hIp year have rnlaunched the Wa*s Ag•rtst Sc•ms Partnership WSPI. a urts&seclor re￿ork Df organisatvis commrfted to comba11¥￿ sw5 and frawj ￿ W*$. has Ind￿Jea ffK)nthty rneelw￿S whete partners Irtm third sector. ptsli￿, regulatory bc*Jies. bar*irg. utfjt*s aTrJ other sectN5 co¢&J share recent ￿ alerts. campavjns and Init￿81*4￿. ￿re are arOu￿j Xl part￿￿ *lenth9. a￿1 th? year a joir* camp*yn delNered hghlKJhting Human Rights We trained a cthort of se¥M ¥dur*eef Human RW Amb￿￿ lo rnise •*￿er*s$ 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 th*r ryjhts. MditM)na*y. one Hth)an Rghts Ambass•Yor atten¢Je4 an el￿1 al Ihe Temk* ol Peace. Cardrff. caled 75 years ol ￿￿8ft Ri9hts ki Wa￿5 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 Comm￿5￿J￿er of Wa&. *ebmar (#) th￿an ffjfis. Working with local Age cymw Pathw During IIE ppriod. we contsThJed to with our Cymrv ￿r￿lS lo Ihe WalBS Bwd PartrKir5￿p Awmeni (WBPAI. This Iry8rtite agreement wlh Age UK and hxal Age Cymru partners sets out Ihe local and r￿tiOnal laong rek3tsorGh￿s. ￿ sworted addrtA)nal reguL¥ ￿tir￿> of the ch￿ offi￿r5 of1￿ AF Cymru Partrws and the Inf0m￿1th and Nets*h lo tske plxe remc4ety. We also conlinLEd lo tyjf colWu8s wihin UK aryj Age CyThru partneL4hp to plan for our fijtuie neh¥ork *are￿￿nt and to idEnlfy wdy5 in WW wryktofft in 11% fviure. Paye B 4pCymrv lorth• Year Ended 31 lJl*r¢h 2024 W• co￿n￿d to suppjrt *rfJè Albrte W*s. seu¢lar￿ f1*￿Tr. LW. ChEI Execubve ￿ tt* rJJrrenl cha￿ of the and **Js the stewry gro1￿. Ovr FrEnd in Need has ￿ntrn￿d to gm 8Th1 prov*le Thi￿al42 SLW•t to older kw42. The ser¥iEe proviles fr¢e telep1￿nE 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 la￿fv e8¢lJ Ihx*v8rb8d ttArys we 8hW8ys ty k* sge a funny &rle on 8 90th1 8y Ihe end of Marth 2tr14 Ihere ￿ere 150 vo*Jnteets older peoF4è wth clls a further 6 vDluttteers t3￿rrtJ in t￿1 iryluction a￿1 ITainry prot8s8. Our vgluntaers ￿ve tobj .. I lo¥v my ¥￿1¥en￿j ￿ for￿ CYJNU ￿d8ppr￿￿lB Ihwthkness w be so 8*!ullorpecyle's h9811h and I Pe￿￿. l re8ty tyJtérnsLry &i I8￿ 81*xrt tr)8ir h*s. wh8lh8r Ilhs was cM¢%knd. woth or nt hts. Ih*yh&* a oIexpern￿e ID be ab* to 51we Othe￿iD tod8($ busyxuty. Also Ilv very gwy Ihat Ay¢ Cymi ￿ u$. * is reafy useltl lo be •ware IwyM9ht pt)1onfval y 90tsY. I I￿1￿8 lknp#rtof8 TM year I99p￿Ie hal •cce55ed •wJ alolal rA 11.594 ca15 we made. . Arts and er•atfvlty The Ihame for GWaTh￿n festplal 2tr23 was Nalu￿.. The was to pyevth a theme that £￿Ar￿ded to a ￿￿[tr of %thal ueatsvity is, aThJ encoura9e a *wJer Mge of ugant58t￿$ to get involved. Athcwh many gar￿r￿ng dub5 and nature-based wps werè cc•**tsJ. lake up do11¥5to pr￿n(ts actsvitEs was New comedws Iwe m*Je iTrJw*Yua artists, prcojuuro Campa￿ 8r*J rxfflmnity arts organ￿a￿onS. Ga￿rIeS tonlinued to be a grealway ofi*nnethrvJ exist•vJ aL*NthS wilh the feslN For thL% years leslival. d*hW 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 vnrfeTrts￿l the ber*￿5 of ti8￿9 a(IN* as ￿ as #th1*¥J th2 50C4al elwnenl. *hKh ￿ ewalty ¥nwt0nt to ge￿ra1 Al oflhis $ done in a safe. fvn and c(xThnunty settry and makes a dfvence to the Iwe5 01 ckler peopfe acmss wa￿$. eoth in tenyts ol Ihe phy5Kal tr*refts but atso Ihe 50pal a5F*Cts of comtiig 109ether on a re9ular bas&8. We ha¥e Ma￿tay*￿ t&)s8 aThl wlar crmnuntskn *ith #l our ar¥J group5 thr￿￿QuI the year. We have offered SUFwrl and er&uTed al eur ¥O￿nteets ar*a parfwrts are erw&J. h￿￿ aryj safe at all limes. PagE g AgECyrA lor Iho Y•ar Enopd 31 IAar¢h 2024 Durw 202>24 wr 139 adNe w￿nteerS cC4ttrtj￿￿ 9x12 hwr5 ￿ d¥Nery and 37.559 ￿￿er￿l*￿$ Wlh ojder p•opkn. Patr*ni Fe8db8c* . of pl￿apart$ agreed ther h¢akn atsj trtness h8s I￿Y Started partiL4pth"ng in our Physical ALINty prrAJrynff*s . 92% are dcfflg mort PhYS￿al aramty a wegular bay$ 5nce IW bew partiWK . 1QO% of particyants rated w prografim￿$ as gocd or exceknl NovdiG W¥l*kn# Nor0￿ W*ty partKyarts wa* a wr of spci* d8sWJ￿J, Ivjhknjht that k¥o¥¥Je add￿tsmal support mèarwng they get more exerc*ge. n mvjes a of knefts above thal of normal waking, exerc4¥rg 90% of rnuxles. irwra5Yg s￿ry1h 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 1hro￿h b55 effort. All ar#1 events h3v• lirre trAJitt in fry sorial N*raclion. This delNeffd 20 PartK1p￿ rA)urs¢s. ha¥¢ 20 ￿gU￿r￿alkS takjftg Pl￿ *mss Wales t*th 387 ir¥JwhYuals l*l* part. Partv¥ant Feedba¢*. 'An èxtAlÈrrttu¢orwith ul(Y was very 9￿1 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 tra￿1￿ 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 de5ww*I SFetsfi¢• forlhe over S(1%. M is a pFry5￿1 Ihal can help impro¥e h•aNh and a safe atwj s¢xiabie en¥woruTent. have 35 re9ular LI￿ dasses n￿ni1￿4 Wths with 779 dder atlendiry pa￿pant F•adb%k'. "Sryw tho best.- "AJ (knm lo ￿ader. Sha erKOJf•Jes us in al a5F*ts 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 exL*kni." thi5 Cymru 8dNity l altend. In the past I to a NordK Wlkiry grDupwhth was Èxtsllent.- I￿truL￿Or to everyores reeds. She is very ertert8￿ry as as professtonal in heraFproach to everylhiry.- Tal Ch5 iJ*ong Tw Chi 04orvJ Shtsshi helps lo inpro¥e and thsral ￿￿t￿r¥. Qqong, means 'energy exerri5é' arxl Ehibashi rneOr￿.l8 mownents,. It 15 a drxipline Ihat invths the MI￿. b￿alh nwent lo creatè a eakn, natural balance ol energy. M hetyis lo ￿￿sen aThJ strengthens and musc*s. reJu4*nates Ix)(ty. mind and 5pwi(. improve5 0n¢ntr*￿n ￿l¥*n￿ as as helpry ¥Mh pressurE wthlems b8￿nCe. Thé rockiw and slreltkning mo¥*m8nls he￿ I￿ard *mpTo¥irs (ircutatpjn aThY dyestim. ¢￿1 exef¢ise5 and controlknl e8lhir¥J art gottd for ard asthma w*h the O￿Tall elWe(I {* helpir¥J lo improve corÈ strength ar*1 thus helpng to rethKe of lals amoThJ oW8rf*co*. Th8 WL¥ramme can prvvile tr4Yt the *•yk ￿ tt* F* PrnErl¥)n Task Ftyre wd have pawiKpaled in the Fal and Fth9ifty Frn¢tuleA￿jrt Pmgrnrrwn¢ S*er*¥J Ihrc*4l*xrt the ￿. Age Cymnj in patherthg wrfh Con￿GIS W*es ￿lj Care & Repar Cymnj bp4J a natK)r￿[ awareness Fal Aw**ntss W¢*k c4mpap3n. Th￿ yeor tt*)k to primary falLs preveiton. by Launching our&y￿at￿)n8I r&50urce pack aTr&J ai Kty St•Je 2 £*￿reTr •3&1 &11 years. Our reas0r￿9 ￿ this was eaty ed￿￿¥)￿ fa￿ shtsJlY be wnL%thd earty on and take a lrfe C￿tse 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 pOw￿r guhJe has teen avalabfe for d￿Nnh)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 part￿r5. ￿ partnered *ith NEST on the pr(#JudKfi of rnswitt. A total LY7.0(Xl9up*s **re L*5trlxW 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 ￿￿$5/￿. 3.437 0fowsp￿4d pw. 8thJ distributed a ol tyjr r*•A￿er. +44e hlatters, wttic* was O￿trIbUted on-l￿e and c4)py in f*cember 2023 iepealirg th• *irterme5sayES. 1.Ir20 wies (hstrtsuted. We also wathed irt part1*￿￿llp Webh Go4vr*neht as wl ol tt* HÈW Us H* You campagn lo p￿dl￿e jothl re80UfLY5 olthe Swea0t￿ messw. 5. Sustsinabl? thyanis*bon Systems and processes This year was the first ￿ar c4 opera*p￿ outsTde of ihe A98 UK 9rD￿ a￿1 rew ￿ and FInar￿ syst￿$ were succ*sftJty lrtrDd￿d lo supportU￿ srDoth ¢perabon •lV* oryontsati￿. Qu¥ This year Aga CYMN $￿Cessf11 the Age U( l)ua￿ Standwd aThJ Ihe kn%t51*y in V￿￿te￿ qu mark.. Volurtw The Age Cyrnru tharity wa5 5UPPOrted ty a raryp ¢fv¢4w*eets ￿Tir￿j tl* y¥¥ al ofTwhthn made o hth3e conlribLthon to Ib8 offecbve operalvjn Ch*ty. 18.8CQ hw5to fv Charity ary055 a lar￿ 0fpr09r￿￿.' Our Tru5tee$ we Y￿￿leerS and gi¥e al *as1 % hour5.eath per annLYn. T*ilh IhE.Chair and Dewty gwing synthcanty mue. As Ihe boa￿ 15 bas&J on $kts mix th￿leaS gNe luriher ¥obJntary bme up on *n ad ho¢ basis. Our Con5ullatwe FrMI is nk•Je up ol ¥obJnleers with u5 lo er¢swe t￿1 Iht ofthÈ Charity is inforned by th& and persFe£*"ves of ts￿r people fYc¥n c¢)mmnths acmss Wales. The Age C￿￿rU Con5uttaltwe fovum met in ¥son year lo discuss tssues ol W (wem to objer Feople, lo *4e CyTrru poI￿Y Pos￿"¢￿$ and lo e to assot Age fvru Inthe5 shape dewitmb m*mgwilhm Chaity FundTr15knw' We ¥e reyyalered the lUrKI￿￿9 ts3￿110r. aFpm*h io setOLI in our 1th￿￿$1n9 charter. thE k F4Jin15 of ¥¥hith ar8 Su￿alised bth¥. • we do nol undÈrt2ke any fundr¥￿ing door404c¢)r adNty • we ¢Jo nol share ￿e￿On￿ dala teyond the Age Cymw NehK • we nol seu personal dats • we ¢Jo no1.￿[d caw Feopte I￿￿j￿j181s1Vj PWF*xes • we onty phone F¢¢* h*e an rth*)￿h￿) or ha¥e alre•ty gN8n us pe￿I$510n tts • every r¥JmmunKalion fM us to member5 of1￿ vrfryTnaiwJn tyb hthvto W out clfuture eornmunicat￿r *ay5 Stop dHE(I debit5 recep￿ kn dorK)ts rfa third paty le.g.. famkSf aTrY tyietsJ$l advise Ihat th8 donor is vufnerabte in stffie w￿". satsf*d Ihat $rth p*ty 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% boa￿1 oftnB*es. Charty dce5 ￿t U8• profess¥)nal lynth￿r5. No complaints sn retatth) to fundratsirvj acIN1￿ *tre recew in Ihe rer•)J. OL4r fiJndFak8iThJ (tiÈClrrfes rtinty￿ irth￿u81. CNF4yale aTrJ *gacy donaiths. Paye 12 Ay Cym Tw51ffs' Report fortht Yw 31 IAarth 2024 Dumg tne ye¥ tr￿teeS undertook a s￿nthant pqce of to ￿eW Age Cyinrus straltyy ior r*. This was ￿formed ty the ofc4Yerre*. staff aTrJ vokyrt￿. For 202*25 11* i￿rd has Set prbxrfies . I￿enCe and pradKt lo Ihe qu* effrfe forol¢leTFwk ￿ Wths ..W)th acr0$5 W*5 *Tih fv kxal Age Cymru partrwshp . Wbrk wilh corporate pathers to ¢￿ale mLAval L*nefil . know our W arxl i*MTto exertyse tlwft are ffore fmanck?ty seojre . ￿ are safe abuse and wled induswe conwpunth5 FSnanclal p¢¥*ion Age Cyfflnj generaled a dètra on ￿n￿tr￿ed fu￿1$ ￿ Ihe yw ￿£217K afvj • 4Jfrkii ¢Jn funds in the of £564. aftertran5fer5. The net Operati￿ de&crt £218K in tt*yew 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 pr*xyear8t £2.341k." Chaiilable exFenthiure h85 irKreasèd iri the Cu￿ent year by £136k £2.481kto £2.617k to tslthsls'M*urrtd iri rdation fo restri¢twJ fvndir¥ fecewed aTrJ Ihe Chaws succ*ssful.rfeh¥ery of restrthi pr(p£ts tc* ekl*ty pe(*. Th8 defined b8n6fft pensth h*1 an •EttJaiial of£2*"dL* lo tharys Mi 0sswnts￿s. ln Ihe bal¥n￿ $heet. sh hèhd in Age Cymoj aco)unts ¢Je￿e￿￿ froiD £1.392k l0£578*. the malli faclor ￿ relalA)n to Ihs decreasè is a in credrtor5 thje lo a payrrwkt m•Je to 5¢111e 9rw uTrJerWrwJ baLqnces. At Ihe year eAI. the charity was awarting on the sthment rf debtors frtyn ath)roes. thii was r¢¢è?rtd eaty ID ts* r*x1 fmancial year. as ukirestri¢ted fuThJ$ have n¢1 Wrk eaimarfE¢d ¥rKI m* be ￿Sed to further lh8 charity's obieclives. un￿ ths wlKy, Age Cymru l*es a of *eÈ tesew. faL*tirirvJ in commerc￿1 other risks. This en¥bles C￿l0j to ddernir* the rESer￿ rarvje req￿r￿j for ts Cbarty to ¢o•ef pl￿ne￿ charita ex￿n￿￿￿re overtl% 1d&￿rvj rrKffilts uTrJertsr ao*er5e Sce4Br￿5. 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 excJ￿S Fti*J Asset resew. Cynyu tr￿lee$ *e ufflfortable witti ￿ re￿e$ 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¥A*em. In makiryj thi5 a8se55ment IhÈ Tvus¢ee5 ha¥E several fartor5 fo￿ry Ihew t￿lDn$ *KI￿j1rrtJ 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 C￿r￿S Lwalh?n5 but carelLrf of its fmantss enab￿ it to grDW free rEseThes n the" ￿{. Chatty ts lunded 1hro￿h unrestrided and reslftcted irwne fr(rn nder5 frDm a ¥anety ol styJit*s. statulthy tK)thes, trusts aTrJ louThjat*￿s. Grffpw4te aryl iNi¥klu41s. Age UK 8150 provides an unwtrh*d swl eath year. The Tw5¢ees Prepa￿ annual Wt5 and forec* li to ensu￿ Ithe￿ * adequale fij￿1ng in Fla￿ lo deliver Ghartti￿ adi¥thes Ic4 the year. FLYetasts for a fr*0 yews have abo been prepared. RegU￿r c0rnmunica￿D ha5 been mainlamed **h UK don(xs afKI ts ¢hath ha$ revi**ed F4anned unreslricle expenditure Over1￿ of review. rtview ofth6 b￿et$ and &%e¢asts. lh8 Trwtees have t*en miThJLd oflhe I￿kS of costs of I￿1r￿j afyj the inpact lh• infith.cffj and erergy prth *ill Iw• Cymru's yr*ion5. ConSKleration has atso been gNen lo Ihe irop4S￿ fLY our Ser￿ ab￿1 p)x of Tmng ¢rsi8 continue5 to IM￿¢1 Ihe kves of elderty VOF4E in Ih>*s. Ha*rwJ re￿￿j U* pro¥eds aThJ Ihe financd ofP4e CyrnN. tr* IT￿¢e¢S wIch￿e Ihal the irg Gon￿rn bas￿ ofthe Fepar*K)n 15 Wr?￿e. The tnJ818es regul*fy the mw mks 8ffe(*"r¥J ts Chaty. kjentthd rtsks be Mit*t￿ through effractnie reguw. K•yts The organwbonal rHk rewtsr ￿ re¥%wed rnana9N￿1 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 r￿k c•ntinu& to be, . The poterrtialthat ￿￿￿(lent ￿r￿eSt￿¢*￿d knK15 orE yrw*d to th￿t01e Ch8nty funct￿ and priori￿5. TIMS is mrtwed Ihwh Ir￿ome ger*ratk)n t4at)s aThJ ffKJnitorirg of both ir￿orne and ex￿￿[￿ture . Thai systems. and data a￿￿Pr￿n0¢O tyfal imp** rvjr ablty to (ommunicate delver servw are mrti3ated thrO￿h mbth51 se£￿ty F<**s and ￿asure5 8￿j ￿lS￿esS ¢￿￿'nUty plans . Thal Ihwe 15 a fakneto corybf pthies mtrjaled throwh rob￿1 policies mpnrtorir¥J. Parln¢r$hip*rykw￿ ts ¥ttl to P4e Cymnls Tft*tees ha%* •j*￿￿j reputskn.onal orgars￿l￿*noI risk ol arw larlures in our parb*rshys. Ihts is mdvjaied Ihrwjh h)8 enwhasi5 ¥•E on gwd Withships wth OL rÈp0rf5 al èath bts￿￿ meEbng to ttw are •hsed ccrtems ar#J a5Wiated remedial actmty to e￿Urethat iisk r5 mirMmts*J. Goveinln9 document tharity is rontrol￿d by Is govemTrJ th)omert a de8d of tntst. 8ThJ £(￿Stilu*S o lvnled cornp4ry. l¥hited guararrt8e. as defThd by U*COMF￿A￿ 2tyA. Key manag8m8nt rem￿eralian The fwnw*ratiM of key mar*Jwwrt pers￿￿1 sel in kn T*ith C￿1￿￿.$ Miuner8tbx aTrJ is appm*d •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 * ￿spO￿l)lE for preparing the TnJstX5' Report and Ihe fina￿￿81 stslen*n!s ￿ accordan¢e ap** law Vnrted XingdNn Accounting StatsJ•rds (United King¥j(￿ GBrnratyA••J Accwlry¥ Pr8LIKe}. Coryany l*v requyes the tr¢￿tee$ to pware finwual slatemerts f<* eath ￿T￿n(la1 yearwhth gr4e a tfue and lairvie olthe stsle ofalfan olthe dwtt¥t* C4M)p*ty •d oftt* ￿tJr￿ and ¥FvIKat*Jn 0fres0ur￿. indudin9 the 1￿C￿e gnd eweThllwe. ofthe for In pwring those fi￿n￿al st*ern￿ts. the trustee5 are ry*ed tg . sew suitable accouW kx7r￿S ar&1 b)en W Ilwn consstwlty.. observe Ihe melh¢ds in Ihe Charty SORP: Makeludg￿￿￿s estinates thal a￿ reasonabk ard slate whether apFAK3ble kna￿ been fth**d. sutPLI lo any malefAI (*partures d￿kn$ed and in the finanual staknents.. prepare Ihe fiftanci4 stalements the cr*K*rn t*Sis bt 15 inapk¥wle to presun* Ihal the charitaE* )rnpany t1)nt￿￿e in twsv*ss. Th¢ Iru5tees ar• r•spw51* for keepirg proper ac£￿￿tir￿j ￿c￿a5 dtsck6e r8asonab* ac¥ncy al ￿ tiDe the finanaal wsitx)n of the charrtaiAe ￿rI￿ary and lo enable trern t() ensu￿ that tt* finar￿al514ttyTrents ¥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 $0 lar as Il% tr￿lee$ are ware.. .Ihe¥e is no r**vant audit inf0rnat￿n of.which tr* L*arlaV* ctynparrfs *e ￿*￿AR.. .Ihe tW5tèes have laken am sleps that oughl lo have tak￿ lo make ￿m5￿5 aware ofary rthant awjd thifofftatijn and lo eslabb'sh that th• 8￿j￿01$ are aw*e ol Iha(infom)&on. TfUSlees' IEPOrt. w￿1p0ratry 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 51*ements of Age Cyrnru lthÈ 'dwitable c￿pa￿l for Ihe yeaf ended 31 Marth 2024 comprtse the Stalemert of Fin4nLaal ihe B*rK£ Sheet. tl* Cash Fbw Slat￿￿nt aTrJ notes to I finsnckql statvnents. indLKliry a swiftiary ol sKJnifKarrt acminlffy pc4w. The f￿an(la1 rep￿￿￿ frarrieth Ihat has bE¢n appl*d in Ihew prtyardlb)n aPF4cth lknt and lthited KwJL•n knuntirq Slan¢Jards Ilth)ited lfjngdom In our Il* fjnanrii $taien*tts' vt a tsue and Pdir ol IhE 51ate cl tIwtsb￿ C¢*Wlif'S arraws as 81 31 pla￿ 2024 aTrJ ol hs ir*omirs resouw a￿1 ol resourLYS. ts incoTr* and expenttthjre. lor Ihe yearlhen ended,. have bÈÈn P￿erty prepared in ac￿r￿n£* *ith United GertratyAcL*P￿ A￿￿￿tir￿d PradKe'. Basts foroplnlon We conduthd auraulit in acu)rd￿￿ith In1¥r￿￿¥1 S¢¥thrd5 on Aul*v¥J IIJKI IISAS {LhQl and aN>lKatrAe W. Our Sp￿SitI1rt￿S ￿der those staTrJard& are further desLYthd fft the A￿jitorS. reSpons*rfrt￿ lor the audit of the fina￿al 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 el￿1 reS[￿￿11rt￿S 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 co￿￿8￿ that lh8 Irus*es' we of Ihe corK¥m ba5kB of accnwrtirs in the preparaiiori oflh¢ fimarwl $ts*ment5 15 OFprwiale. B•s¢d on tho work ￿ have ￿rtO￿ne￿. thnirf*l materipl un¢erta¥ths ML4tirwJ kn events or ￿ndit￿)n$ 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 fInar￿1￿ staternefits are athri5ed for t5SLE. Our respM5ibli aTrJ the ￿$F￿￿*18s of Ihe toJs*8s %*ih W to oJnc•rn are deScrit￿ in Ih• rnlv4anl Se¢*.0￿ oflhls repo The tn15tees we for Ihe rAher inf0mlat#￿. The other mf(rnatron oxnprM5 Ihe vrfornalh)n ￿d￿ded ￿ the Annual Report. athÈfth* Ilbt finartial 5ttsne￿ arxl ourllw oftrE IndÈp2ndwitAuthtors ther￿ft. Oui¢pmi¢n onthe fjnontsal ther infr*m*Kffi Jnd. exceptto thÈ ex￿l01hwe exF*cft slated in ow re¢￿rt, do notexwess ￿Y1¢tar foT7*thith I￿ st*m*ts a￿ preparèj is constsient ￿th Ihe fin*ntial 511ternEnts. and the Trustees, Rewrt h85 teen sxepar*J ￿ accordarte *9al rwwernents. •Aatt￿5 on whlch *Yare to repxt by exceptlon In the IvJht ofthe knowledge and unilers￿&.n9 of thartable 3TrJ its envmftw* obtairted in tt* course of the audrt, hava rw)t vjertt￿ snaterial mi5slaternerls ￿ the Trustee5' Rep￿1. have nothiNJ to rewt of IhÈ mthrs *hÈre the Cu*pxniÈs Act ￿ feqL#res us to rewt to you in Qur ownion.. adequlie a¢a￿￿11Vj reethts have nat keo or retwns athiale for our audl have not ￿¢É￿ed trom branches nol visited ty us.. or Ihe finartial sts1￿ents ao ITr 4fe*nerrtwiththe accourrtiry recr*d5 ar¥J ￿t￿M$. or rtain d￿dC*￿eS oftwslees. remuneration S￿Crf￿d by are made., or we hove not re￿ry￿ all the InltyTnatK¥) and*W*￿￿)n$ * requi￿ forwr PagÈ 16 A5 èwained more in the Slatemwl ol Tntstees. Respon￿￿￿1 tes. Ihe Irustees also the diredots of the tharitab￿ Iwpany for the purpose5 of ccfflpany Iwl are forlhe prepar*TM 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 *t*thei due to IraLxI or error. contnue as a goiry concern. as awlKth. matters rEl*d to wirvj ￿£¥11 aTrJ using Ihe goin9 COr￿M bas18 d act￿nting ￿n￿S fv tr￿*•5 eifvr inteThY lo the r*ariabkn rAmpany ￿ lo t*ase oFeralths, or have no thlt5tK alemabve but to do so. OurRsI￿nSll￿l￿lIfj5 for the audY¢ oith•finaftcial siatements Our 0bj.ectN￿ Are,to obtsm reaswab* assurance ab(*Jl w•￿ther the fmanc49t sta*nls as a ¥Yhde are free from material M￿StateMent, 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 guar3n*e thal an a￿111 carKlucted in accoldat￿e ISNS IUKI wil a￿ayS delec¢ a material mtsstalemenl it ex15t$. Msslal•)*n15 can ar￿e from fraud or error an¢J are conS￿je1ed material rf. or fft Iht aggreg*e. thry ccthl ￿aSoNab￿ be eypeoed to influ¢r￿ the 8c0rrf)rn￿deryS￿￿ of users laken on the basis o(these fi￿nraal statements. Our planni.ng W￿*y￿reS *Jenlfy the l•Jal aTrJ regulaw fr￿)e￿￿ appk4bbÈ to (yprnt¥)n5 arKI financial ststèments of the ts)mpany. The>e are tevv*d internaty with relevant Indu$lry experience and eX￿£￿ta)n5 as wdl as exiemalty with Ihe £4enl mafiagemwt. The key kws reg￿l•ll0n% w¢ consthred in Ihi5 contex1 w+E￿ Cbart*s SORP IFRS 1021 'AcC￿rI￿.aThJ Reportin9 ty ChaiilÈs.' Statement of Retomierthd Pr8cii Ippfficab￿ to char￿￿5 Wtpanng they accounls in aCa)rdan￿ lh• Financi* Repoitirvj StaTrJard ApF41¢ab￿ in Ihe UK and Rep￿￿01 Ire￿￿j,, UK IFRS 1021 •xl Ono idenlbfied. as￿$ Ihe risks of mat¢ii4 MtssWem￿ts in relthn its ￿ la*¥ and regU￿On5. i¥r8gvlarilE5. fraud 8ryJath'uslcvrtestYvJ xcordingty oura￿Jrt procedures I￿." ' DI$￿¥￿j ¥vith'Twst¢es arvj mana9ewl wltith areas Of1￿ busYes5 V*y bekn to be more susc8ptiTr)kn lo fraud, and ¥￿e11￿1t￿.ha5* any w$itsp*ian olfr¥Jthknt 8(*vrt*s. OL4aining an urKler51arKlirvJ r4 Il* key pul Iybf the cLbN)arry to risas wjentffj￿d, A8$￿A9 the effe(afveness efttiose dEuJs$iffj hwthese are rtwJnttoTrJ Irlérrth: . As$e55ry the I￿k olinana9￿nI ovem*Je *J revi￿1 artl ttsl4¥J Cl￿ entsiÈs rn*Je into the accounti Systsm". Chall￿gry asYJinF*0￿ jU¢$J￿￿ts m* ¢<*))pany li t¢+M* swMf*art a¢¢wntiry ' estmales ￿￿OYed in It* Fnpar¥boTr cllhe fmancial statenNwts'. Ots¢￿*$Ing with Trustees ajxl man¥Jer￿l￿e and T£￿￿10ry 4*¥*J*ion5 ofthE f*J5￿e&S and ¥thelher Ihey hab* aTri.kw• orsuspKth of rwn Despit¢ Ihe audit being pknr*l crfftdu¢Aed in ￿E0rdarts wth ISAS (UK) Ihere remains an unavc4dable risk th* matenal in Ihe fmanual strt￿nts may not be detecfed ￿n9 to inhefenl hmitabons of Ihe audrt, 8nd Ihat by their ¥ery natwe, any suth of fraud or NY•gu&rrries IW colltsion. fvJrg*y. inlentsongl miswre5entstth. orthe overrhye of Inlwnal o)n*rc4s. A further descrF￿on of tyjr re5poTh%th"lths fc¥ the *Jd* of tt* fman(4al Staterw￿ o k)*d tyn the Financial Report%¥J CounrI5 at w#*.frGtyg.u￿al￿￿￿￿•￿V8S. This lorms parl ofwr Report of thè IndeFendent Use ¢+four This report is m•Je solety to Ihe chaiitab* ccffipanys ff*mbers. as a boty. in attOrdan￿ with Chapter 3 ￿ Part 16 of the Compan￿$ Ad 2(￿. Thjr au¢Jit th ha5 t*en undertak•n so that ¥w* mghl slate lo L*aritable ￿mpanY'S rnemters thtyse mattÈts io State lo IhEm m an aui*lrAs' 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 (Sen￿r StatLrtory A￿Jit￿l 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 le9ac*s 74.1(ts1 74.1CII 22i.5a1 Cor¢ actMt*s 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 N8tgain￿lloslesI 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¢onellI￿oTh 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 Il*bililies 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 stsl*ments 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 $27 044 Net cash wed ￿ 47P**iNJ 803.378 1 527 0441 ¢ashflfft Imm InTAStlng acli4Tilles Purchase oItarvJ￿1e fixed 855ets Inlere$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 atth*ty￿ of the r•porfiTrJ ￿¢d Pap 20 forthè Yur Endtd 31 IA*rth 2024 2024 2023 14etexpend1lu￿ for th• p•riod las wth• Si•twnent of . Èknancfja! Aètsvttl¥l Ad￿￿tments f4!r. C*precialKn chaTges L¢iss oti dispo,sal in is aThJ trtditors. ￿fftÈre enbl*ment rtojrs befoE income 15 received, Ihe LegaC￿S we accounted lor a5 crKe ts recwt of b3aty wob*)* and qu4ntrfi*le and enlitleThent uiteria are estsblslrd. For ￿rUn1•Y this will yenEraty be at point probate ts gronted. For r8spJuary ￿9￿leS Ihis Vlill g￿ralty be *then 3 coFy ofts* an Assets si•lemenl ha5 been rPr*￿d fr(xn Ihe exe¢utOf and wobate has been 9r¥nied. expendrfure is a￿￿Jn￿a for on an aGu￿S 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 alk￿ed io a b•ss cr￿*￿1 use of resOUf¢S. Grants payabk are charwd in t1￿ p¢rK44 %thpn the offer i5 conve￿1 to IhE reap*nt excepl in Cases %YhÈre the bs ¢oThJitthal. such grants teiry rectyJN5ed as ew¢thture coThYrtK•n5 a￿ fvlfilled. Olfer5 $￿j.e¢l ÈxFenditU￿. Supwrt costs art alhjcaled lo ¥ifferenl adivty ¢ate9¢￿S based 00 a of the percertage the specific aciNty repwnls in T¢￿tion to the tolal rth-support exPeTrJitU￿. Swort costs inc*AÈ management. finance. human resour￿$. infom)at*Jn technok4y and some ethents of fundr8JSmg. GtrIernan￿ costs other Ihan those di8ck68d Spec**a￿ in Ihfr ￿$ lo t1￿$* xcrwrds are ir￿1*Y*j s￿rt UJ5ts * a*ted on Ihts same basts. cwtnwl... forlhv Y•ar End￿ 31 Il¥Gh 2024 Tanglbh fixtyd ass•ts Plant & 20% to 33% sts•b*t The ch*Ilab￿ cc4npary fia5 tsken >Jv3ntage of exempkn. und2r IhE lem￿ of Fmwncial Reporting Slandard 102 Trè Firsanaal ReP￿bn9 Slandard appkAb* in the UK ReWK d IreLqnrt, not lo ¢J15c*)se related p*ty transact￿5 vAh trÉ9foLV. Taxatlon Fund accouthfirwJ Un￿1r1ded fund5 can be wth tt* r*aniablEoiydNe5 althe (i5crelKffj oftlÈ tru51ees. P¢nsion ¢05ts and otherP)St￿￿1nMe￿l benrfts The Ch*ity cfjnlrbutes to 8 growj pers￿￿ ￿r¢¥th pl*n by Zur¥th 05 orxupatwjftal mo wrchase $cheme. A pe05ion pLqn 15 avadab* to al en￿try￿ o4erthe •Je o11B. The assets oflhe $C￿Me are hekj separnlÈty frllffl Ih05edthè Charty. The annual corrfrit>utiw payments are tharpj lo lh& SOFA. l*Jakn In of definal benefit pkns land other l(w tefft empkyee b￿rts1 ts (￿￿￿ted by estrnaliry the amovnt of fvture bt￿fftS that ￿ptyees ha¥t ear￿d in retl￿ for the¥ li Ihe current antt ￿or rel￿d$." thal di¥wited to detemiirt its • vab*. The far gfany r4WI assets is dedvcled. The entty deterri￿ rtet mteRst expense (mwmel th) the r*t defingj befieffl the peiiod by ￿P￿lI¥J th¢ di5GWIt r* a5 +*t¢rm¥*d at Ihe t*JinniTrJ d Ihe 3nnval pwifyy to the dBf¥*d t￿r￿ kt•lity t8kirwJ at￿nI of¢h¥vaes arisir4 as a Tegjk and ber￿￿ p8ymerts. aThJ h*viry matffjf dates •)woximatuvJ to terwts ofthè enW$ oWatiors. A valuatiw ￿ perforn*d annualtyT 8 qualtsj aduary usry the propded Un￿ UEdrt metfv)d. The erbtty reccgrAse5 nel defi￿d 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 SÉTh￿8 widertd during the perh>J. net wrteffjst on ￿ defi￿ t¢neffl ithity. aThJ ts ry)5t of pkn YdrodKIb￿s. be￿fil clwys. (￿rtai￿ents arml setuemenls dymglhe F)PfityJ we inyofrt ty Ip55. R¢Th•35ufEmtnt of the r*t (*fir*J ber*fft 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 a￿j fin￿¢1•1 lth*tvas ol a that qualfy as finantsal 1rtstrlm￿ts. B35 fmancial Irtsiruments are inAialty rec(4ntsed at tr3nsadK)n vaTrue and subsequenty measured at the present value fUl￿e cash lamrxtised cost). Finantial assets al amortksed CDSI comw5e cash at bank and in hand. sbcrft lem cash deposits aTrJ the rhaty's debtors exCI￿lift9 Prepw￿ts. Finantial al ¥norfised cosl ￿￿￿lise the shtxt and temi (xed*of5 ex(*Jdw delerr*l I￿ame and taxakn"oTr payabk. No has been aPFl￿d to these finartial instrurnent5 on Ihe bas￿ Ihat the ￿r￿ts ￿er arno￿ts l)e sethd are such thal any ¢￿se0Untsn9 wcoJbJ te vnmalerial. PagE 23 contnued... Not95 ¢0 the FmarKial Sl*ments. cOntWK￿d forthe Year Ended 31 liar¢h 2024 Z024 2023 48,103 .coi 41.022 180 559 Leg*46s 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 ￿m￿Ce costs ts a￿￿te￿ rniumer3titin of £10.(0) Tot815 Coreaaivrt 39J.393 Z5.992 417.871 Page 24 conknued... 'N8t i￿￿{ex[W￿le) i551alod afterch•yYqllaèJff•r¥Jl". 2024 23 12,77T 801 .Thtie tr￿le¢s. renmmerth u oll*r 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 C*her 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 ￿mUn￿￿K)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 IA*rch 2024 11. funds nds i)onatirffis and *ga(ies 221.581 221.581 CO￿ aL*¥it*S 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)) N￿1N¢1￿￿E1IEXpEI￿DITUREj 153,6 1105.8651 316 1159.3111 45.670 P04.9811 1159,3111 Tol* funds brr*JW 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 $8.332 Not book v4u• At 31 Mwch ￿24 13.622 21.0( At 31 2023 1,677 1.677 Page 26 conlinue¢.- A9ÈCymAr 11 Flxed asset irtve5tments Shares In undertakln At 1 ￿ri12023 31 Marth 2024 Notl)ook valuè Ai 31 Marth 2024 At 31 March 2023 There￿21? no irweStr￿nI •55ets ¢xts#Je Ihe UIL At 31 Ilarch 2024. Ihe charity l*bJ ￿Ne$￿￿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& c￿t0￿. 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$2 110,301 49.974 193.639 224.187 17. 2024 2023 42225 Page 27 Agé Cym farthe Year End•d 31 IAarch X124 1& Uo¥emon¢kn fvr¥ls Al 31.3.24 AI1A23 irt lunds furyts General fiJnd Designated ITarvJ Solw D￿gnated Premkses De%ignaled Staffing ComrnrfmErts DesKJnaled Workir¥J Caw Reouyenwts Desynaled Staff Costs 1.575.2 (220.8331 1840.073} 65.OCQ so.000 75.0 2C#J,O 514,350 65.000 50.0(O 75.000 200.000 453 400 1,575256 P20,8331 3.327 1.357.750 InfoTmatKffi and •Jvw* {1121 198.7181 101,593 112 97.598 101.03 1.120 Support r%hvryk TOTAL FUNDS 218 0701 IncomiThJ In fund$ tkneral 492,542 1688271) 125.1041 1220.8331 1n*JMatA￿ ¥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 campai￿try and ￿search Svpporf the $4.310 109.341 12.333 {482C6 121.8721 15.47DI 129,0561 (6,1041 196.3491 16.8631 1,120 15561 105.665 TOTAL FUNDS 1.735.131 159.3111 1.575.820 Pa9e28 Ag•¢ymvu Nots5 10t￿ Fi￿ncIlI Stal•n•nts-cortinu•d fry I1* Y¢ar E￿0 31 Il•r¢h 2024 Movement th lund•. ¢ortlnwd ¢oN¥JaraiNe net infi￿d$, 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 Campa￿n￿j 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 129.0*1 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¥j￿Ied A*)d name. The c*8nty U1￿188￿ its reslrrled ￿r￿J5 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 be￿ffl$ pmwled ty the Stt*me depeThls on a members IW of serv￿8 and Ihw salary 81 t date ol schen*. This secb.on olthe do%d tOft￿jre atxyul 30 No¥￿be[ 200B. A ff￿1 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 O￿tril￿n￿r￿s indude ah alknvartr odministratK)n exwns•s aTrl Perfyon Proledw)n FLmd12%ryes. The iThli* reslrfts oltt* l*st fiJnd•wJ wdlvation • 31 Marth 2022 teen adw*ed ts the balaKe sheet dale. ¢akn'r¥J accounl of experience ¢Jver tt* Sir￿ 31 Marth 2022. L*arys in m•*et conthl10￿ and differpnces in the fina￿81 and demograph"c assWnF4t￿s. Ttre PTe5ent Val￿ of Ihe defmed tr¢nefit obl￿8￿￿￿ was mÈasured sir¥J ProRthd Unil The pr￿CIpal 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 Infl*iotb assurwTrtion ICPII Rate of increase ￿ saL81ie5 Penskjn increases". Rate i￿rEase in paymert pre 2￿fj 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 P￿e 29 Ag• Cymrn for tho Y•ar ENl•d 31 Ma￿h 2024 Employe& bondiiobllgations-eontlnwd M•ln demogra￿1¢ •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 $3PFA M b0S¢ tsL4Ès for ferr*s base for fema￿$ 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 wojec1￿nS 2021 projections luAlh p￿ete l*ilh 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 imprOv￿ent of lnvrov￿e14 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* j￿enlY 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• Ma￿muM cash alknarKe a¥ailabl• won retrernenl 31 March 2024 31 Mart 2023 £OOOs 92 Equities DNersified 9rty￿h Infrastrucbjre assets lirvJuLkn9 Gdts aNI 146 14.5 135 131 13.0 6ondsl 63.7 707 70.2 T4*1 10QO 1.008 100.0 None ol th8 Sc￿Me assets arE. irwe5ted in fv Erryknye¢5 fiThanciJl ¥¢bunwts or in propety by. ar •t￿r assets used ty. tht EmpknyÈr. R•¢onCIl￿tI￿N ￿ 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 Val￿1￿ olltE s(**me onnot be *ithdr8¥¥n from the Scheme unli eTrJ of Ihe pers￿, therefore the valUa￿On ￿ the is recorfed 81 a rTrsuWus. nLFdefi(*t p￿1￿)n. 31 IA8rch 2024 £OOO's 31 M•￿h 2023 £OOO's OperaiiNJ tosts.. ministra￿1)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$ygal￿ ￿l$iT￿j ¢JwY¥J ￿ ye¥ Lwts"lity 98￿￿00s5es> artsir¥J Iheyear Chanys ￿ elts¢t olthe assel ceilw (2471 210 18 Paye 30 COntn￿0... Age Cymru ftythg Y••r ErMJ8d 31 2024 19. Empltyeo beft￿￿t obllgalloro. ¢on¢inwd Total *nwrrt r•cognls•d In QCI 1203 Chang•Sto th• prn8•rt valu• oftho d•fin•d b•r*fft oblWtI¢xb durfngth• y 31 Mareh 2024 £000 31 Mwreh 2023 ning defined ￿errt oW*ion IOBOI Inte￿5t e¥pen5e w DBO I￿rial (gainV1L￿s sd*m2 habiti*s Nel ￿rErrts paid out ¢l¢sing dtyfin￿ b•ndiioblWtk*n 1.176 45 12101 152} 1451 ¢h•nwto Il* lalr ¥￿￿• ofs