Advocacy Support Cymru RHIF CWMNI COFRESTREDIG: 07524059 (Cymru a Lloegr) RHIF ELUSEN COFRESTREDIG: 1141999 REGISTERED COMPANY NUMBER: 07524059 (England and Wales) REGISTERED CHARITY NUMBER: 1141999 Cefnogaeth Eiriolaeth Cymru Advocacy Support Cymru Adroddiad Blynyddol a Datganiadau Ariannol Archwiliedig Annual Report and Audited Financial Statements am y flwyddyn yn diweddu 31ain Mawrth 2024 for the year ending 31st March 2024 Datganiadau Ariannol Archwiliedig wedi'u paratoi gan: . Audited Financial Statements prepared by: _ Xeinadin Audit Limited Chartered Accountants & Statutory Auditors Highdale House 7 Centre Court Treforest Industrial Estste Pontypridd Rhondda Cynon Taff CF37 SYR Advocacy Support Cymru E.Th￿￿￿ellf￿ i £okLLi to s￿akOu1 Contents ASC'S Year........................................................................................................................ An introduction from our Chair and Director....................... ..... . . ........ What￿￿ do......................................... ..................................................................... The difference we have made........................................................................................ Advocacy Support Offered.......................................................................................... Service User Feedback.. Awareness Raising .............. ......-. Suicide Prevention Courses........................................................................................ Applied Sui(ade Intervention Skills Training (ASIST)........................................... SafeTALK......................................................................................................... 10 Talking Mats.. Strategic Report.... . .. . Our Priorities......................................-.-......................... .10 Advocacy Prinaples............................................................................................... .. Service User Engagement................... Data Protection ..... 11 -12 Environmenl and Sustainability............................................... Continuous Improvement... .. Financial Rewew..... .12 .12 12 ASC'S funding for the year. Reserves.................................................................................................... 12 13 Key Risks and UncerLqinlies....................................................-................................... 13 Risk Management.......... .13 Govemance...................................................................................................... Financial Risk .14 Legal & Regulatory Risk................................................ Brexit...... .14 .14 Changes to Mental Health Act l Mental Capaw Act.....................................14 Our Future.................. 15 The next year............................................................................................................ 15 Our Ethos.......................... Equality and Inclusion . Giving a Voice........................................................................................................... 16 Governance..................................................................................................................... 17 15 Our Structure and Management................................................................................... 17 The Objects of the Charity........................................................................................... 17 Page 2 Athiocacy Support Cymru Sk*akC The Board of Trustees............................................................ .................................... 17 Membership................................................................................................................. 18 Statement of Trustees Responsibililies........................ ................................................... 19 Auditors.................-............ .20 Legal and Administrative D&tsiLs...................................................................................... 21 Strategic Report........................................................................................................... 21 Structure Govemance and Management.................................................................. 21 Goveming t)ocument............................ .21 Reference and AdminislratiNE Details............. ............................................................ 21 Registered Company Number.............. .................................................................... 21 Regislered Charity Number................................... ..............................................,.... 21 Registered Office......................................................................................................21 Trustees....................................................................................................................... 22 Auditors.....................................................................................................,.................. 22 Report of the Independent Auditors to the Trustees of AdvocaGy Support In Cyinru Ltd . 23 Opinion . .23 Basis for Opinion...... .23 Condusions relating to golng cx)n(xn ......................................................................... 24 Other Infonnation...................................... .24 Opinions on other matters presuibed by the Cornpanies Act 2006.............................. 25 Matters on thith we are required to report by excepiion............................................. 25 Responsibilitles of truslees.......................................................................................... 25 Our responsibilities for the audit of the finan(#al slatements ............................... ........ 26 Identrfying and assessing potential risks related to irregularities............................... 26 Audit response to risks identified........................................................................... .27 Use of our report.......................................................................................................... 29 Financial Ststements........................................................................-.............................. 30 ststement of Financial Activil*s for the Year Ended 31st March 2024........................ 30 Balance Sheet .............. 31 Cash Flow Statement................................................................................................... 32 Notes to the Cash Flow Slatement.............................................................................. 33 Notes to the Financial Statements............................................................................... Detailed Statemenl of Financial Activities......................-............................................. 42 Our Thanks...... .................................................................................. ............................ 43 Page 3 Advocary Support Cymru Lfi)yfftt*iy lo5￿ak0￿[ ASC'S Year An introduction from our Chair and Director This year has been a good year for ASC. with focus on serrfice delivery. growth and methods of involving our service users in the development of our organisation. Our referral rates have increased slightly from the last year, meaning that we are further extending our reach and helping more people. Again, we have found that our funding has not increased for another year, and we are increasingly finding that the static funding levels for such a sustained period of time is causing difficulties in reaching all of those who need our support. Despite this we are pleased to report that we have again met the referrals received, albeit with waiting lists in place in some services and a slower response time than usual. Whilst this is far from ideal, it has allowed us to ensure that all who have been referred to our service have been helped throughout the Health Board Areas V￿ cover. ASC continue to hokl the IrKlependent Mental Health Advocacy (IMHA) and Cornmunity Mentsl Health Advocacy contracts for the University Health Board areas of Cardrff and Vale arKI Swansea Bay, the IMHA contracts for Cwm Taf Morgannwg University Health Board and Aneurin Bevan University Health Board. and the Independent Mental Capacity Advocacy Contract for South East Wales, which covers the follovling Universrty Health Board areas.. - >> Aneurin Bevan >> Cardiff and Vale >> Cvm Taf Morgannwg In addition to providing advocacy urKJer these contracts, we are providing seryices with funding from the Henry Srnrth Foundalion arKI Ihe West Glamorgan Regional Partnership. These services provide advocacy services for those vtho have a diagnosis of autism or leaming dtfficulties and for those who have a diagnosis of dementia and are awaiting discharge from hospttal. Throughout this year, ASC has continued to provide the Suicide Prevention Training ASIST, in conjunction with the SafeTALK ptogramme. This training is invaluable to Page 4 Advocacy Support Cymru EI¥iwwviiiw YeWe(0 Swkout help save lives, and offer those contemplating suicide a lrfe line when they are at their lowest. In addition to the suicide prevention training we have also successfully delivered a number of courses for Talking Mats - a communication tool that aims to improve the lives of people with communication difficulties by increasing their capacty to think about and communicate effectrvely about things that matter lo them. We are immensely proud of our slaff arKJ the work that has been put in to ensure the continued SafeguardirvJ of Rights and empowement of those who desperately need someone to be their voice at a tirne when navigating the system can seem an impossible feat. atwedo ASC are the largest provider of Independent Mental Health Advocacy in South Wales. When someone is suffering from Mental Illness, they can often find that they are unable to get their voice heard or make their wishes and feelings known, resulting in a feeling of being a passenger in their recovery, resulting in a sense of helplessness. Independent Advocates offer these people help and support, empowerlng them to have a say in their treatment and the things that affect their lives. by offering a means to get their needs and views across to the professionals. services and organisations making decisions about them. ASC specialises in, and currently provides IndeperKlenl Mentsl Hea￿h Advocacy. Independent Mental Capacity Advocacy and Independent Community Mental Health Advocacy. Leaming Disabilities arKI Autism Advocacy and Dementia Home from Hospital Advocacy, in hospital settings as well as care homes and the community. As our services are independenl. we are able to act solely on behalf of our service users and are not govemed by the NHS, Local Authority staff. funders or families. The roles of the IMHA and IMCA are defined by legislation. with an IMHA only able to support people about medication. trealmenl arKI care. whilst and IMCA can only provKle support in relation to those who lack capacty vthere decisions about serious medical treatments, long term move of accommodation, care reviews, safeguarding concems are required, arKI there are no appropriate family or friends who can speak on the patient's behalf. Page 5 Advocacy Support Cymru The role of the Communty Advocate is wider in rts interpretation. It is not a stalutory role. and support is given to those who are in receipt of secondary mental health services in relation to a range of issues. including medication, housing, accessing services. employment to name a few. A Community Advocate is also able to support those in hospital with issues that an IMHA would not be able to offer assistance with. The roles of the Leaming Disabilities and Autism is to help those with a diagnosis of a leaming disability and l or Autism with a wide range of issues and again is a non- statutory service. The Dementia Home from Hospilal Advocacy role is non-statutory but is much narrower. This role supports those who are in ly)spital aThJ waiting to be discharged, but uniquely also then foll0v￿ that person into the Community once they are at home with a care package in place to support thern in ensuring that their care needs are volced and met. Tho difference we have made Advocacy 8upport Offered This year has proven particularly difficult in lerms of meeting with service users and offering support, predominantly as a result of staffing constraints that the static funding and increased referral numbers has caused. It has been another year when demand for support has been in greater need than ever, vthilst advocacy hours available have been reduced as a result of budgetary constraints. This has left many feeling that they have nowhere to tum. Across all contracts held. ASC have continued to utilise remote methods of V￿rking, and have offered meelings with professionals via video conference as y￿11 as the option to meet face to face. Whilst we recognise the advocacy relationship is best served with face to face Meetings, remote mdhods can be utilised with professionals, commissioners and decision makers to make the best available use of the advocacy hours allocation for each contract. As a result of our efforts, although waiting lists have been in place in some areas, we have managed to help more service users than last year. despite the reduced advocacy availability. The graph below shoyrfs the number of people we have supported this year. The second graph also shows the number of Advocacy Issues addressed, as y￿11 as the number of Advocacy Activities that were required to achieve this. Page 6 Advocary Support Cymru E￿iv￿￿11Y rewe 10 Swak(kn Number of New Referrals Received Number of Advocacy Issues & Activities Undertaken 2100 18414 730 239 5109 7526 • Community ll IMHA • IMCA Community IMHA Issues • Activities Servlce User Feedback Our Service User Feedback models to make it easier for t)oth positive and negative feedback to be left, allowing us to implement positive changes that will enhance our service users experience the most. This has allowed us to continually provide invaluable support that is of a very high standard. as this selection of feedback shov￿. 66 Your 8ervi¢e is firsl dass. I would change ￿thi￿j Service User Feedback 99 66 l apprgcaate all your help Matt. I needed supp￿. s(meone independent who could be straighl with me and help me understand my rights Service User Feedback 99 Page 7 Advocacy Support Cymru 15Trooweiiiy 10 S￿ak0 66 I'm glad you persevered to meet me. Ifs difficult to trust people in these places. Everybody says they can help and it's bullshit. Thevre now looking to discharge me and step me down to my first-choice placement. They werenl willing to pay for me to go here but things have changed Sin￿ I met with you. Sitting down with to discuss my options was the best thing I did! I was wde to you as I thought you were like the rest and I walked away from you so many times. l am glad you kept trying and l am grateful that you were prepared to sit with me after how l treated you. Others would have ignored me- you didnl. Thank you Caroline Service User Feedback 99 66 Before your involvement we were not getting anywhere and if Helen had not gotten involved. he most likely would have still been in the hospital. I found the service very helpful. Serylce User Feedback 99 66 The following feedback back has been received from a health arKI social care professional: Thanks for your careful slewardship of this case through the Court!, Service User Feedback 99 Page 8 Advocacy Support Cymru YeweToSttak(krt Awareness Raising ASC have spent a signfficant amount of time this year raising awareness of our services. and particularly the newer advocacy services launched in Ihis year. This has paid off with increased referral numbers. and in particular the Leaming Disabilities and Autism Service has received a higher number of referrals than initially anticipated. helping more indiwduals Ihan our initial estimates. Sulcide Prevention Courses Over the last year, ASC has continued to provide training. equipplng individuals with the essential skills lo help those who are contemplating suicide to find a place of safety when they are at their lowest. Applied Suicide Intervention Skllls Training {ASIST) This year we have conducted ASIST Courses Training 147 ASIST First Aid Caregivers Page g Advocacy Support Cymvu ErnytrrtiKiy ¢o%*akOui SafeTALK This year we have cO￿luCted SafeTALK Courses Training 112 Delegates Talklng Mats Talking Mats is a communication tool that airns to improve the lives of people with communication drfficulties by increasing their capacty to think about and communicate effectively about Ihings that matter to them. Talking Mats training is delivered over two half day sessions. and provides leamers with the materials and training to be confident practitloners In the tool. This year we have conducted Talking Mats Courses Training 12 Delegates Page 10 AthiocaJi Governance Our Structuro and Management ASC is a charity that is Limited by Guarantee and is govemed by its Memorandum and Articles of Association. The trustees of the Execulive Committee a￿ responsible for the overall governance of the organisation and meet on a six weekly basis to review strategy and govemance. The Director of ASC has the day to day responsibility for the organisation and its services, and reports directly to the Board of Trustees. She Is supported by a Management Team. who report directly to her. The Treasurer meets on a regular basis with the Director and Finance Manager to review the budget and accounts with the remit of reporting to the other Trustees rf there are any concems. The Objects of the Charlty The Charity's objects are: . >> To promote a professional indeperKlent advocacy service within South Wales through the provision of facilities, advisory and specialist support services to those who are mentally. socially and physically vulnerable. >> To relieve the needs of such persons by the provision of support in particular but not exclusively by providing training, education and support services to such persons or to carers and organisatK)ns who support them. >> To promote the social inclusion of such persons by preventing them from becoming socially exduded aThJ assisting them to integrate into society. The Board of Trustees The Trustees are also Directors of the Company for the purposes of the Companies Act 2006. Page 17 Advocacy Support Cymru EMpw￿l11lY rtwjle toswkoui The standard tetrn for a Trustee is three years. with a TTUStee unable to serve more than three terms in norrnal circtjmstances. Trustee recruitment is an on-going process as we a￿ always looking to attract people with the right skills and experience, depending on the needs of the Charity at the time of appointment. All trustees complete an in depth induction programme and training is provided as an on-going requirement. Membership Our Trustees are also the sole legal Members of ASC. Page 18 ststement of Trustees Responsibilities The trustees (who are also the directors of Advocacy Support in Cymru Ltd for the purposes of company law) are responsible for preparing the Rep¢)rt of the Trustees and the financial statements in accordan￿ with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A￿pted Accounting Practi￿). Company law requires the trustses to prepa￿ financial statements for each financial year which give a true and fair vtew of the state of affairs of the charitable company and of the incoming resources and applicatj'on of reSoUr￿s, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to.. - >> select suitable accounting policies and then apply them consistently,. >> observe the methods and principles in the Charty SORP., >> make judgements and estimates that are reasonable and prudent., >> state whether applicable accounting standards have been followed, subject to any material departures disclosed and explain8d in the financial statements: >> prepare the financial statements on the going concern basis unless tt is inappropriate to presume that the charrtable company will continue in business. The trustees are responsible for keeping prO￿r accounting records which disclose with reasonable accuracy at any time the financial posrtion of the charitable company and to enabfe them to ensure that the financial statements comply wrth the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregulariti&s. In so far as the trustees are aware: . >> there is no relevant audrt infomation of which the charitable company's auditors are unaware,. and Page 19 >> the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit infonnation and to establish that the auditors are aware of that infomats"on. Audltors The auditors, Xeinadin Audit Limrted. will be proposed for re-appointment at Ihe forthcoming Annual General Meeting. Raport of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on the date shown below, and si ned on the Boards behalf b Slgn•d: .Zifj/ Prfnt Nam•: Lr. Date: ?3-ry A... Aè2+ Page 20 Legal and Administrative Details The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted pro¥llsions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts In accordan￿ with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Strateglc Roport Structure Governance and Management Goveming t)ocument The charity is controlled by its goveming document. a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. R￿arance and Admlnlstratlve Details Registered Company Number 07524059 (England and Wales) Registered Charfty Number 1141999 Registered Office Advocacy Support Cymru Charterhouse 1. Links Business Park Fortran Road, St Mellons Cardiff CF3 OLT Page 21 Trustees Colleen AK Forse, Retired Phamacist (resigned 30.11.2023) Graham C Oliver. Retired Kathryn E Smith. Retired Eileen W Wareham, Retired (resigned 19.02.2024) Nicola Danson (Appointed 26th April 2023) Laura Guest. (Appointed 05.02.2024) Auditors Xeinadin Audit Limited Chartered Accountants & Statutory Audrtors Highdale House 7 Centre Court Treforest Industrial Estate Pontypridd Rhondda Cynon Taff CF37 SYR Page 22 Report of the Independent Auditors to the Trustees of Advocacy Support in Cymru Ltd Opinion We have audited the financial statements of Advocacy Supwrt in Cymru Ltd (Ihe 'charitable companrf) for the year ended 31 March 2024 which comprise the Statement of Financial Activities. the Balance Sheet, the Cash Flow Statement and r￿leS to the financial statements, including a summary of significant accounting policies. The financial reporting frdmev40rk that has been applied in their preparation is applicable law and United Kingdom Accounting StarKlards (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: _ >> give a true and fair view of the state of the charitable companls affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expendrture, for the year then ended: >> have been properly prepared in accordance with United Klngdom Generally Accepted Accounting Practice: and >> have been prepared in accordance with the requirements of the Companies Act 2006. Basis for Opinion We conducted our audit in accordance with Intemalional Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independenl of the charitsble company in accordance with the ethical requirements that are re￿vant to our audit of the financial statements in the UK. including the FRC'S Ethical StarKlard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Page 23 Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identffied any material uncertainties relating to events or conditions that. individually or collectively, May cast significant doubt on the charitable companvs abiltyto continue as a going concem for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibililies of the Irustees with respect to going concem are described in the relevant sections of this report. Other Infomiatlon The trustees are responsible for the other information. The other infomation comprises the infomiation included in the Annual Report, other than the financial statements and our Report of the IrKlependent Auditors thereon. Our opinion on the financial statements does rlot cover the other information and, except to the extent otherwise explicitly slated in our report, we do not express any fomi of assurance conclusion thereon. In connection with our audrt of the financial statements, our responsibllity is to read the other infonnation and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If identtfy such material inconsistencies or apparent material misstatements. we are required to determine whether this gives rise to a material misstalement in the financial statements themselves. If, based on the work we have performed. y￿ conclude that there is material rnisstatement of this other inforrnation, we are required to report that fact. We have nothing to report in this regard. Page 24 Opinions on other matters prescrfbed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: . >> the infonnation given in the Report of the Truslees for the financlal year for which the financial statements are prepared is consistent Wtth the financial statements: and >> the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on which we ara rnqulred to roport by exception In the light of the knowledge and urKlerstarKling of the charttable company and its environment obtained in Ihe course of the audit. we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to ￿port to you rf. in our opinion: . >> adequate accounting records have not been kept or retums adequate for our audit have not been received frorn branches not visited by us; or >> the financial slatements are not in agreement with the accounting records and ￿turnS. or >> certain disclosures of trustees. remuneration speclfied by law are nol made; or >> we have not received all the infonnation arKI explanations we require for our audit. Responsibllltles of trust••s As explained more fully in the Truslees, Responsibilities Statement, the trustees (who are also the direclors of the ch8ritable company for the purposes of company law) are responsible for the preparation of the financAal staternents and for being satisfied that they give a true and fair view. and for such intemal control as the trustees detennine is necessary to enable the preparation of financial statements that are free from material misststement. whether due to fraud or error. Page 25 In preparing the financial statements, the trustees are responsible for assessing the haritable company's ability to continue as a going concem. disclosing, as applicable, matters related to going concem and using the going concem basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations. or have no realistic altemative but to do so. Our responsibilities for the audit of the financlal statsments Our objectives are to obtsin reasonable assurance about Nvhether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independenl Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material rf. individually or in the aggregate. they could reasonably be expected to influence the ecorK)mic decisions of users taken on the basis of these financial statemenls. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. Identifying and assessing potential risks related to irregularitles In identifying arKI assessing risks of rnaterial misstatement in respect of irregularities including fraud and non-compliance with laws and regulations we have considered the following= The nature of the industry and sector, o)ntrol environment and business performance; Results of the enquiries of management al)oul Iheir ovm identrfication and assessment of the risks of irregularities; Any matters we have identified having obtained arKI reviewed the companls documentation of their policies ar￿ procedures relating to: identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of nonwcompliance. Page 26 3.2 detecting and responding to the risks of fraud and whether they have knowledge of any actual. suspected or alleged fraL*J; 3.3 the intemal controls established to mitigate risks of fraud or non- cornpliance with laws and regulations: 3.4 the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas: _ Timing of recognition of income In common with all audits under ISAS (UK). we are also required to perform specrfic procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory frameworks that the charitable company operates in, focusing on provisions of those lav￿ and regulations that had a direct effect on the detemination of material arnounts and disclosures in the financial statements. The key lavls and regulations we considered in this contexi included UK Companies Act. employment law. health and safety, pensions legislation and tax legislation. In addition, bve considered provisions of other laws and regulations that do not have a direct effect on the financial stalements but compliance wilh which may be fundamental to the charitable companrfs abilty to operate or to avoid a material penalty. Audit response to risks identified Our procedures to respond to risks idenlified included the following: . Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements; Enquiring of management conceming actual and potential litigation and claims. Page 27 Performing analyti￿1 procedures to identtfy any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud" and In addressing the risk of fraud through management override of controls. testing the appropriateness of joumal entries and other adjuslments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias., and evaluating the business rationale of any significant transactions that are unusual or outstde the nomial course of business. We also communicated ￿levant Kjentified laws and regulations and potential fraud risks to all engagement team members arKJ remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audrt. No instsnces of material non-compliance were Kjentified. However. the likelihood of detecting irregularities. including fraud. is limited by the inherent difficulty in detecting irregularities, the effectiveness of the entitys controls. and the nature, timing and extent of the audit procedures performed. Irregularities that result from fraud might be inherently more dFfficult to detect than irregularities that result from error. As explained above, there is an unavoidable risk that material misstatements may not be detected, even though the audil has been planned and perfomed in accordance with ISAS (UK). A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.or .uklauditors￿s nsibilities. This description forms part of our Report of the Independent Auditors Page 28 Use of our report This report is made solely to the charitable companls members, as a body. in accordance wth Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an aLKlitors' report and for no other purpose. To the fullest extent pemiitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit vrfork, for this report. or for the opinions we have fo￿ned. Signatories Slgn•d: Gareth Francis (Senior Statutory Auditor) for and on behalf of Xeinadin Audit Limited Chartered Accountants & Statutory Auditors Highdale House 7 Centre Court Tref0￿st IrKlustrial Estate Pontypridd Rhondda Cynon Taff CF37 SYR Date: ? S De£enkn 2£)%p. Page 29 Financial Statements Statement of Financial Actlvlties for the Year Ended 31st March 2024 31.03.24 Total Funds 31.03.23 Total Funds Unrestricled Restricted Funds Funds Notes INCOME AMD ENtK)MIENTS FROM DonaUons and legades 30 Charltablo Actlvltl Cardiff & Vale Community Swansea Bay Community IMCA East IMHA Aneudn Bevan IMHA Cwm Taff Henry Smith IMHA Swansea Bay Independent Demenua Advoca IMHA Cardiff & Vale WCVA-VWMG Other Iradlng a¢UviUes Other Income 8.174 7.010 23.836 77.871 66,790 227,069 313,469 330,479 86.045 73.800 250,905 346,375 365,170 60,0 283,630 58,920 345,125 11,250 25.146 9,142 88.045 71,708 250,904 346.375 365,169 60,000 294,283 58,922 345,124 34,691 26,945 5,597 32.787 256.685 53.323 312,338 11.2 25.146 8,437 20,453 4,807 705 Tot•1 205.529 1,709.979 1,915,S08 1,903,820 EXPENOITURE ON Charltabl• Actlvltl Direel charitable expendilure 57.385 1.678.603 1.735.988 1675.950 NET INCOME Transfor8 b•lw••n funds 148.144 32,266 31.376 32,266 179.520 227.870 17 N•t mov•fflent• In funds 180,410 18901 179,520 227,870 RECONCILLIATION OF FUNDS Total funds broughl forward 1.218,309 43,334 1.261,643 1033,773 TOTAL FUNDS CARRIED FORWARD 1 398.719 42.444 1441,163 1261,643 The notes fom part of these financial ststements Page 30 Balance Sheet 31$1 March 2024 310324 Total Fw¥Js 31.03.23 Total Fund8 Unrestnc*ed ReSt￿ted Funds FurKI$ Notes FIXED ASSETS Intangible assets Tangible assets 2,868 1.183.360 11,683 1.206,569 12 1,183.360 1.186.228 1,186.228 1.218.252 CURRENT ASSETS Debtors Cash at bank and in haTrJ 13 14.992 14.992 16,6C6 514 982 576.052 42,446 618,498 531,568 CREtXTORS Arnounts falling due vAthln cffie year 14 (73.7191 (73,7191 {65,803 NET CURRENT ASSETS 42.448 544,779 465.785 TOTAL ASSETS LESS CURRENT LIABILMES 1.688.561 42,446 1.731.007 1,684.037 CREDITORS Amounts lalling due after mm than one year 15 422 394 1,398.717 42.446 1,441.163 1261643 NET ASSETS FUNDS Unfeslricted funds Restricted fuTr 17 1,398,717 1,218,309 TOTAL FUNDS 1 441 163 1261643 The financial statements were approved by the Board of Trustees and authorised for issue on Monday, 25th November 2024, and were soned on its behalf by.. . G C Oliver- Chair of Trustees The notes fonn part of these financial staternents Page 31 Cash Flow Statement For th• Year Endod 31s¢ March 2024 3103.2 Total Funds 31.03.2 Totsl Funds Ncrtes Cash flows from op•r•tlng actlvltl•s Cash generated from opet*"ons Interest paid 247.612 17 786 310,578 2967 Nel cash provided by cyeratiw adfvilles 229 826 287611 Cash Ilow• from Inv•stlng actlvlu Purchase ol intangible fixed assets Purchase oltangible fixed assets Sale of tsngible fixed assels 16.255) 127.043) {12,701) Nel cash used in inveslirvJ xlivilie5 Cmh Il¢)w• from fln•nclng •cllvltl•* Loan repayments in ye 128601 Nel cash u8ed in finanurs 128601 172 250 Change in cash arKI cash equivaents in the repo￿n9 pwic4 Cash and cash equivalents at ol the reP?￿ng perv>J 88.524 85,865 514 982 429 117 Cash and cash equwalent8 at Ihg WKI of Ihe reporting period 603 5r 514 982 The notes form part of these financial statements Page 32 Notes to the Cash Flow Statement For th• Year Ended 31￿ March 2024 RECONCIUATION OF NET INCOAIE TO NET CASH FLOW FROM OPERATING ACTivrriES 31.03.24 31.03.23 Nèt incorne for the r•porting p•rlod las por th• Stat•mgnt of Flnanclal Activitle¥l Adjustm8nts for: Depreciation Charges Inleresl paKI Increase in debtors Increase In credito 179,520 227,870 44.725 17,780 (7.4891 56.151 22.967 17801 N•t cash provbd•d by op•ratlon• 247612 310 578 ANALYSIS OF CHANGES IN NEf DEBT Al 01.04.23 Cash Flow At 31.03.24 NET CASH Cash al bank and In hand 514.982 88.524 603,508 514.982 88.524 603,506 Dobt Debts f811ing due within 1 year Debts fallin9 due after 1 year 122.1891 422,394 {5,1801 132.550 127.3691 289,844 127.370 317213 Total 215 894 The notes fo￿ part of Ihese financial statements Page 33 Notes to the Financial Statements For the year ended 31•t March 2024 ACCOUNllNG POUCIES Basi$ of pr•parlng th• financlal 8tai4m•nts The flnandal stslements of the charilable cc*npany. which is a publlc benefit entity under FRS 102. have been prepared In accordance wilh the Chariues SORP IFRS 1021'Accounting and Reporting by Charities.. Stslemenl of Re(J)mmended Pracb"ce appli¢abte lo charib.es preparing their accounts in accoTdance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 102} {effedve 1 January 20191., Financial Reporting Stsndar(1102 The Financial Rewrbng Standard applicable In the UK and Republic of Ireland. and the Companles Act 2006. The Ilnandal statements have been prepared under the historical cost convention. In¢¢)m• All Inc(M)e is recognise(l in the s￿lement of Financial klivitss once thg charity has entiilemenl lo Ihe funds.11 is probable that the income will be received and the amounl can be m8asure(I reliably. The fcAlowing SpeCrf￿ policies are applied lo particuL4r calegories of income: _ Vc4unlary Sncome 1$ received by way of kyants. thations and gifts and is indudgd in full In the statement of comprehensive income when receivable. Grants. where entitlement Is not conditional on the ddNery ol a specffic perfomiance by a charlty. are recognised when the charity becomes uncondllionally enUUe(I lo the granl. Donated serylces and fadlltss are Included at the value to the charlty where thls can be quanlmled and are malerlal. Investrnent Income Is Induded when recelv8tlè. Incoming resources form grants. vthere relale Nel Income I lexpendltsjrn Is ststed after chargSng I luedllng).. - 31.03.24 31.03.23 Audllor8' remuner811on Depreciation - owned assets Computer So￿are amrtisallon 6,203 35,910 6.602 45.570 10.621 TRUSTEES REMUNERATION AND BENEFrrs There were no Iruslee$' remungration or other be￿15 for the year ended 31 Marth 2024 nor for the year ended 31 March 2023. TrustMs' •xp•ns•• There were no Iruslees, paid for the ended 31 March 2024 nor for thé year ended 31 Marth 2023. STAFF COSTS 31.03.24 31.03.23 Wage5 and salaries Social security costs Other penslon costs 1.143,779 108,342 1.154,188 114,382 1 286 518 1303 081 Key managem•nt personnel Key management porsonnel are considered to be those p8rsonn81 who are not trusteos bul sit within key operallonal and strateglc Toles for the Charilable Company. The lolal bengfits paid to key managemenl personnel during the yearwas £263.57312023.. Q55.5321. which ￿nsisted of the gross pay. employw5' naticfflal in￿JranCe and employers. pension c0515. The average monthly numbér of employeès during the year was as fdlows:. 31.03.24 40 31.03.23 38 Advocacy and Advice Goveman Marketing and Business Develcrf)ment 43 42 No empk)yees receiva emc4uments in excess of £60,CW. Page 36 Notes to the Financial Statements - contlnued for the Year Ended 31 March 2024 10 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES un￿strICted Restricted Funds Funds Total Funds INCOME AND ENDOWMENTS FROM Donations and Legacies Charltabl• actlvltl•s Cardiff and Vale Community Swansea Bay Communty IMCA East IMHA Aneurin Bevan IMHA Cwm Taf Henry Smllh IMHA Swansea Bay Independent Demenlia A¢ivocacy IMHA Ca￿lff & Vale 8.174 6.812 23.835 32.906 34.091 77,871 64,896 227.069 313.469 330.478 60.OCQ 267.338 53,323 312.338 86,045 71,708 250,904 348,375 365,169 60,000 294.283 58.922 345.124 26.945 5.599 32.786 Other Iradlng acivitles Other Income 20.453 4.154 20.453 653 Total 1707.435 1.903.820 ExpeNDITURE ON Charltabl• actlvltl•• Direct charitable expendllure 1620 692 1875 950 NET INCOME Tr•nsf•rs Ixtw••n fund¥ 141.127 86,743 227.870 N•t mov•m•nt In fund• 184.673 43.197 227,870 RECONCILLIATION OF FUNDS Total lunds brought loThvaTd 1033 636 137 1033 773 TOTAL FUNDS CARRIED FORWARD 1218 309 11 IiifANGIBLE FIXED ASSETS Computer Software cosr At 1 April 2023 and 31 Marth 2024 44,228 AMORTISATION At 1 April 2023 Charge for year 32,545 8.815 At 31 March 2024 NET BOOK VALUE At 31 March 2024 2.868 At 31 March 2023 11.683 Page 37 Notes to the Financial Statements - continued for the Year Ended 31 March 2024 12 TANGIBLE FIXED ASSErs Freehdd propety Fixtures and fitlings Totals COST Al 1 April 2023 Additions 1.310.596 210,055 12,701 1.520.651 12.701 Al 31 March 2024 1310.596 1533.352 DEPRECIATION Al 1 April 2023 Charge for year 149.280 19.717 164,802 16.193 314,082 Al 31 Marth 2024 168.997 NET BOOK VALUE At 31 March 2024 1.141.599 41,761 1,183,360 At 31 Marth 2023 1 161 316 13 DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.03.24 31.03.23 Trade debtors Other debtors VAT Prepaymonls 1.446 453 3,801 9,292 2.574 934 3,801 9,297 14 CREDITORS: AMouKfs FALLING DUE bMTHIN ONE YEAR 31.03.24 31.03.23 Other loans (see rK>le 16} Social wurity and othef taxès Other creditors AccnJed expenses 27.369 25.190 7,250 13,910 22.189 29,235 458 13.921 73,719 65,803 Page 38 Notes to the Financial Statements - continued for th6 Year Ended 31 March 2024 15 CREDITORS: AMOUNTS FALUNG DUE AFfER MORE THAN ONE YEAR 31.03.24 31.03.23 Other loan$ (see note 161 422.394 16 LOANS An analysls of the maturity of loans is given belthv: . 31.03.24 31.03.23 Amounts falling dug wtlhin cw year on demand.. Other loans 22,189 Amounts falling belweon one and two Ywa￿.. Other loans- 1-2 years Amounts falh'ng due bets￿ft ￿ and ffi¥e years.. Oiher108ns- 2-5 years AnKJunts falling due in more than five years: Repayable by Instalmgnts: Other loans more Ihan 5yrs Instal 180.367 333.638 The RBS loan is repayable in instalments over 25 years at a fixed interest rate of 3.79% P8T annum. 17 MOVEMEKf IN FUNDS Nel movement In funds Transfers betsveèn funds Al 01.04.23 Al 31.03.24 Unr••trlct•d fund• Unrestricted 1.218.309 148.142 32,260 1.398.717 RestrICt￿ funds Swansea Bay Community Cardiff & Vale Community IMCA East IMHA Centr81 IMHA Aneurin Bevan IMHA Wesl IMHA Cwm Tal Henry Smith IMHA Swansea Bay Independent Dementia Advoca IMHA Cardiff & Vale WCVA- UMG Scheme 1.185 930 2.734 12 4.858 18 2.713 22.596 4.340 {9981 475 5.882 11691 {1.3161 {5,5261 18 89 3.090 12 5,181 18 9.266 {8.9431 {7.2681 {2.2991 1.316 249 {8,3101 2,183 15.439) 1259) 4,463 11,250 22,480 217 3.937 11.250 43,334 31.378 32.266 42,448 TOTAL FUNDS 1.261.643 179.520 1441,183 Page 39 Notes to the Financial Statements - continued for the Year Ended 31 March 2024 17 MOVEMENT IN FUNDS - contlnued Net movement in fvnds. IndU(J￿ in the above are as follm: Incoming Resources resources expended Movement in funds Unr¢strl¢t•d lundi Unreslricled 205.529 {57.3871 148,142 Restrkt•d fvnd• Swansea Bay Communlty CaTdiff & Vale Community IMCA East IMHA Aneurfn Bevan IMHA Cwm Taf Henry Smith IMHA Swansea Bay Independent Dementla Adv(Kacy IMHA Cardiff & Vale WCVA- VWMG Stheme 66.815 167,813} 177,429} 1221,281) 1304,333) 1328,065) 157,840) 1262,232) 153,603) I308.￿)5) 19981 475 5,882 9,266 4,555 2,183 15.4391 {2591 4.463 227,163 313,599 330,620 60.023 256,793 312,488 1709 979 1678 601 TOTAL FVNOS 1915 508 1 735 988 Comparatlv•• for mov•m•nt In fvnds Transfefs befyveen funds movement in funds At 01.04.22 Al 31.03.23 Unr•8trlctod funds Unreslricled 1,033,636 141,127 43,546 1,218,309 R•strlct•d fund• Swansea Bay Community Cardiff & Vale Communlty IMCA East IMHA Centfal IMHA Aneurln Bevon IMHA West IMHA Cwm Tal Henry Smith IMHA Swansea Bay Indgpendenl Dofflenlla AdvocaGy IMHA Cardiff & Vale 3,356 2.824 9,045 12,1711 11,9831 16.3111 1,185. 930 2,734 12 4.858 18 2.713 22,596 4.340 89 12 18 18 9.989 15.149} 8.199 23.949 13.081 15.4861 (1.3531 {8.7411 16571 11,695 15,632 137 43.546 43.334 TOTAL FUNDS 227 870 1261643 Page 40 Notes to the Financial Statements- continued for the Year Ended 31 March 2024 17 MOVEMEKf IN FUMDS- ¢ontlnued Comparative nel movem￿1 in funds. induded in the above a￿ as follows: In￿rnIng Resources resourt£s expended Movement in funds Unr•strl¢t•d fund• Unrestricted 196.385 155.2581 141,127 R•$trl¢t•d fvnd• Swansea Bay Community Cardiff & Vale Communlty IMCA East IMHA Aneurin 8evan IMHA Cwm T8f Henry Smith IMHA Swansea Bay Independent Dementia Advocacy IMHA Cardiff & V810 84.896 77.913 227.104 313.517 330.528 161.5401 175.0891 1218.059) 1303.528) 1322.329) 136.051) 1254.257) 152,655) 3,356 2,824 9,045 9,989 8,199 23,949 13,081 267.338 53.323 312816 1.707 435 1620 892 TOTAL FUNDS 1675 950 227 870 18 RELATED PARTY DISCLOSURES Theffj were no related party transactions for the year ended 31 March 2024 Page 41 Detailed Statement of Financial Activities For the Year Ended 31 March 2024 31.03.24 31.03.23 INCOME AND ENDOWMENTS Donatlons and l•gaclo1 Donatsons 30 Other tradlng actlvllles Fundralsing events Trainlng income 246 6.417 25,146 20.453 CharStabl• actlvhlo• Grants 1881220 1878 530 Oth•r Incom• Other income 9.142 4.807 Total Incornlng r•#ourc•• 1.915.508 1.903,820 EXPENDITURE Ch•Tltabh actlvltl•• Wagès Social security P8nsions Insurance Postage and stsllonery Subscriptions Staff Ir8vel expenses Premises costs Recrultmenl and advertlslng Stsff trainlng Loan interest Health and Safoty Legal and prof￿$lon81 Communicatson Accountancy fe0$ IT expenses Depreciatson 1.143,779 106,342 36,397 18,661 7,948 1.915 43,174 161,412 5,595 21,148 17,788 1.745 28.384 27,235 1,181 36.649 44,724 1.154,168 114,382 34,531 18,620 7,788 10,657 36,268 104,112 15,302 3,777 22,967 3,684 15,006 28,460 1,089 26.927 56.151 1,704,075 1.653.889 Support ¢o•ts (X￿r Tralnlng Bank ¢harggS 25,053 657 14,891 568 25,710 15,459 Govornance Costs Auditors, remuneration 6.203 6.802 Total resources expended 1.735.988 1.675.950 Net incom• 179,520 227,870 This page does not form part of the ststutory financial statements Page 42 Our Thanks ASC would be unable to operate without the support of our funders and partners, and VK)uld like to record our thanks to the following organisations: . >> Aneurin Bevan University Health Board >> Cardiff and Vale University Health Board >> Cwm Taf MOrgann￿[ University Health Board >> Swansea Bay University Healih Board >> The Henry Smrth Foundation >> The West Glamorgan Regional Partnership >> Welsh Council of Voluntary Organisations >> The Children arKI AdoFescent Mental Health Serrfice >> Gower College Page 43