OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

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 2025 for the year ending 31[st] March 2025

Datganiadau Ariannol Archwiliedig wedi'u paratoi gan: - Audited Financial Statements prepared by: -

Xeinadin Audit Limited Chartered Accountants & Statutory Auditors Suite 2d Building 1 Eastern Business Park St. Mellons Cardiff CF3 5EA

Contents

ASC’s Year ........................................................................................................................ 4 An introduction from our Chair and Director ................................................................... 4 What we do .................................................................................................................... 5 The difference we have made ........................................................................................ 6 Advocacy Support Offered .......................................................................................... 6 Service User Feedback ............................................................................................... 7 Awareness Raising ...................................................................................................... 8 Influencing Change ..................................................................................................... 8 Mental Health Act Review ................................................................................... 8 Liberty Protection Safeguards .............................. Error! Bookmark not defined. Suicide Prevention Courses ........................................................................................ 9 Applied Suicide Intervention Skills Training (ASIST) ........................................... 9 SafeTALK ............................................................................................................ 9 Talking Mats .............................................................................................................. 10 Strategic Report ............................................................................................................... 11 Our Priorities ................................................................................................................ 11 Advocacy Principles .................................................................................................. 11 Service User Engagement ......................................................................................... 11 Data Protection .......................................................................................................... 12 Environment and Sustainability ................................................................................. 12 Continuous Improvement .......................................................................................... 12 Financial Review .......................................................................................................... 12 ASC’s funding for the year ......................................................................................... 12 Reserves ................................................................................................................... 13 Key Risks and Uncertainties ........................................................................................ 13 Risk Management ..................................................................................................... 13 Governance ...................................................................................................... 13 Financial Risk .................................................................................................... 14 Legal & Regulatory Risk .................................................................................... 14 Brexit ............................................................................................................. 14 Changes to Mental Health Act / Mental Capacity Act .................................... 14 Our Future .................................................................................................................... 15 The next year ............................................................................................................ 15 Our Ethos ..................................................................................................................... 15 Equality and Inclusion ................................................................................................ 15 Giving a Voice ........................................................................................................... 16

Page 2

Governance ..................................................................................................................... 17 Our Structure and Management ................................................................................... 17 The Objects of the Charity ............................................................................................ 17 The Board of Trustees.................................................................................................. 17 Membership ................................................................................................................. 18 Statement of Trustees Responsibilities ............................................................................ 19 Auditors ........................................................................................................................ 20 Legal and Administrative Details ...................................................................................... 21 Strategic Report ........................................................................................................... 21 Structure Governance and Management ................................................................... 21 Governing Document ........................................................................................ 21 Reference and Administrative Details .......................................................................... 21 Registered Company Number ................................................................................... 21 Registered Charity Number ....................................................................................... 21 Registered Office ....................................................................................................... 21 Trustees ....................................................................................................................... 22 Auditors ........................................................................................................................ 22 Report of the Independent Auditors to the Trustees of Advocacy Support in Cymru Ltd .. 23 Opinion ......................................................................................................................... 23 Basis for Opinion .......................................................................................................... 23 Conclusions relating to going concern .......................................................................... 24 Other Information ......................................................................................................... 24 Opinions on other matters prescribed by the Companies Act 2006 .............................. 24 Matters on which we are required to report by exception ............................................. 25 Responsibilities of trustees ........................................................................................... 25 Our responsibilities for the audit of the financial statements ......................................... 26 Identifying and assessing potential risks related to irregularities ............................... 26 Audit response to risks identified ............................................................................... 27 Use of our report .......................................................................................................... 28 Financial Statements ....................................................................................................... 29 Statement of Financial Activities for the Year Ended 31st March 2023 ........................ 29 Balance Sheet .............................................................................................................. 30 Cash Flow Statement ................................................................................................... 31 Notes to the Cash Flow Statement ............................................................................... 32 Notes to the Financial Statements ................................................................................ 33 Detailed Statement of Financial Activities..................................................................... 41 Our Thanks ...................................................................................................................... 42

Page 3

ASC’s Year

An introduction from our Chair and Director

This year has been another positive year for ASC, with new contracts commencing for our IMCA service, and provision of RPR services moving across to us over the course of the year. We have also increased our staffing numbers and have helped more people in need of our services as a result of the increased capacity and contractual arrangements.

Our referral rates have increased significantly from the last year, meaning that our impact is increased and more people who need our support are able to receive help.

Again, we have found that our funding has not substantially increased for another year, with only two contracts offering any uplift, neither of which covers the increased costs we are facing. As a result we are increasingly finding that the relatively 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 we cover.

ASC continue to hold the Independent Mental Health Advocacy (IMHA) and Community Mental Health Advocacy contracts for the University Health Board areas of Cardiff and Vale and 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 and South West Wales, which covers the following University Health Board areas: -

Swansea Bay

Page 4

In addition to providing advocacy under these contracts, we also provide Learning Disabilities and Autism Advocacy utilising funding from the Henry Smith Foundation.

Throughout this year, ASC has continued to provide the Suicide Prevention Training ASIST, in conjunction with the SafeTALK programme. This training is invaluable to help save lives, and offer those contemplating suicide a life 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 capacity to think about and communicate effectively about things that matter to them.

Our team have continued the Service User and Carer Involvement Programme and have widened the scope further, co-producing a newsletter written by service users for service users. This allows our service users to share their stories and experiences of mental health services with a wider audience, and a printed and distributed by us on behalf of our service users.

Our service user programme will ensure that we continue to go from strength to strength, putting our beneficiaries at the forefront of everything we do, and that they receive an excellent high-quality service at all times.

We are immensely proud of our staff and the work that has been put in to ensure the continued Safeguarding of Rights and empowerment of those who desperately need someone to be their voice at a time when navigating the system can seem an impossible feat.

What we do

ASC are the largest provider of Independent Mental Health Advocacy and Independent Mental Capacity 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, empowering them to have a say in their treatment and the things that affect their lives, by offering a means

Page 5

to get their needs and views across to the professionals, services and organisations making decisions about them.

ASC specialises in, and currently provides Independent Mental Health Advocacy, Independent Mental Capacity Advocacy and Independent Community Mental Health Advocacy, Learning Disabilities and Autism Advocacy and Dementia Home form Hospital Advocacy, in hospital settings as well as care homes and the community. As our services are independent, we are able to act solely on behalf of our service users and are not governed 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, treatment and care, whilst and IMCA can only provide support in relation to those who lack capacity where decisions about serious medical treatments, long term move of accommodation, care reviews, safeguarding concerns are required, and there are no appropriate family or friends who can speak on the patient’s behalf.

The role of the Community Advocate is wider in its interpretation. It is not a statutory 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 Learning Disabilities and Autism is to help those with a diagnosis of a learning disability and / or Autism with a wide range of issues and again is a nonstatutory service.

The difference we have made

Advocacy Support Offered

This has been another year that has proven particularly difficult in terms 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 a time when demand for support has been in greater need than ever, whilst advocacy hours available have been reduced as a result of budgetary constraints. Budget deficits have been made even more stark as a result of increases to National Insurance and Minimum Wage, which have reduced the amount available even further.

Page 6

Across all contracts held, ASC have continued to utilise hybrid methods of working, and have offered meetings with professionals via video conference as well as the option to meet face to face. Whilst we recognise the advocacy relationship is best served with face to face meetings for service users, remote methods 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 shows the number of people we have supported this year. The second graph also shows the number of Advocacy Issues addressed, as well as the number of Advocacy Activities that were required to achieve this.

----- Start of picture text -----
Number of People No. of Advocacy Issues &
Supported in the Year Activities Undertaken to
Resolve Them
2950
24400
1928
5767
4457
258
77 773 1531
104
Community IMHA Community IMHA LD & Autism
IMCA LD & Autism Issues Activities
----- End of picture text -----

Service User Feedback

A focus for ASC is that we continue to improve and listen to the needs of those who use our services. Our Service User Feedback models to make it easier for both positive and negative feedback to be left, allowing us to implement positive changes that will enhance our service users experience the most. Utilising feedback in this way has allowed us to continually provide invaluable support that is of a very high standard, as a selection of our feedback shows.

Page 7

Awareness Raising

ASC have spent a significant amount of time this year raising awareness of our services, and particularly within the new area for IMCA that ASC took over in this year.

This has paid off with increased referral numbers, particularly within our IMCA and IMHA services.

Influencing Change

The continued efforts to raise awareness of the service, and raise matters on behalf of the service users has led to multiple changes to the way in which patients are included in their recovery plan, as well as training professionals involved in the process to ensure that all patients are aware of their rights under the various pieces of legislation and codes of practice.

Some notable successes for ASC were the introduction of additional training sessions for ward and social care staff to ensure that greater awareness over the integration of the Mental Capacity Act and Mental Health Act in patient care.

Mental Health Act Review

ASC actively participated in the consultation on this legislation, and remain a voice throughout the process. Under the new Parliament, this legislation is being progressed, and ASC have been an active voice in the shaping of the sections surrounding advocacy.

Page 8

Suicide Prevention Courses

Over the last year, ASC has continued to provide training, equipping individuals with the essential skills to help those who are contemplating suicide to find a place of safety when they are at their lowest.

Applied Suicide Intervention Skills Training (ASIST)

----- Start of picture text -----
This year we have conducted
7
ASIST Courses
Training
117
ASIST First Aid Caregivers
----- End of picture text -----

SafeTALK

----- Start of picture text -----
This year we have conducted
3
SafeTALK Courses
Training
28
Delegates
----- End of picture text -----

Page 9

Talking Mats

Talking Mats is a communication tool that aims to improve the lives of people with communication difficulties by increasing their capacity to think about and communicate effectively about things that matter to them. Talking Mats training is delivered over two half day sessions, and provides learners with the materials and training to be confident practitioners in the tool.

----- Start of picture text -----
This year we have conducted
2
Talking Mats Course
Training
12
Delegates
----- End of picture text -----

Page 10

Strategic Report

Our Priorities

At ASC, our ultimate goal is to empower each and every individual suffering from Mental Illness to be able to speak out and be heard in relation to all matters pertaining to them. Having said this, we recognise that this is not possible in all scenarios and can seem like an impossible feat in most others.

We are dedicated to a person-centred approach in our work, putting our service users at the forefront of everything we do, working with them to ensure that they have the confidence to self-advocate whenever possible.

Advocacy Principles

This person-centred approach is enshrined within the Advocacy Principles, which run throughout everything that we do. Our services always run independently of other professional organisations, are free to use for eligible people and are completely confidential.

Service User Engagement

As an organisation, we actively seek development and improvement, and have garnered a culture of embracing and coping with change. Our service is regularly reviewed, with consideration being given to service user feedback received, how we extend our reach to ensure that we are offering a service to all those who are eligible to receive it, as well as how to improve as individuals and a team.

To ensure that we are able to communicate effectively with our service users, we have 10% of our workforce who are able to converse in Welsh, advocates who are trained in British Sign Language, advocates who are trained to use the picture communication tool “Talking Mats” as well as Makaton, and have worked with other organisations to produce a cultural toolkit to ensure that the service is accessible and diverse.

Our Service User / Carer Involvement programme is also moving beyond its second stage to ensure that service users have a voice in how our advocacy is delivered.

Page 11

Data Protection

We recognise that the service we provide requires this high level of confidentiality, as in order to provide or services, the information we have about our clients is very sensitive in nature. We have robust policies and procedures in place to ensure that confidentiality is maintained and that the Data Protection Act 2018 is adhered to.

Environment and Sustainability

ASC has policies in place to ensure that the work we do, and the way in which we conduct our services, does not place unnecessary stresses on our natural world, aiming to consistently operate in an environmentally responsible manner and reduce our impact on our surroundings.

Continuous Improvement

As we do every year, ASC has made efforts to ensure that the knowledge and abilities of our employees are second to none. We believe in ensuring that the quality of our service is not diluted in any way. Consequently, we review training needs on a sixweekly basis with all members of staff, as well as hold quarterly mandatory “practice days”, during which advocacy themes and dilemmas are explored and experiences and knowledge is shared as part of the training day

In addition, employees continue to receive excellent support from their managers and peers in supervision sessions to ensure that the service remains consistent across all areas.

Training has always been at the forefront of everything we do, led by our Management Team, who also oversee our rigorous induction process as well as the Advocacy Qualification for our advocates.

Financial Review

ASC’s funding for the year

Over the last year, ASC has focussed on increasing unrestricted income through donations and the sale of our suicide prevention training. This has enabled ASC to provide advocacy to more individuals, and not just those eligible under the statutory services we provide.

Page 12

That being said, 90% of our funding is currently received from NHS Health Boards to provide Statutory Advocacy Services. Our Community Non-Statutory funding is received from two NHS Health Boards at present, and we are focussing on being able to offer increased non-statutory advocacy to a wider range of individuals.

Reserves

Our Reserves Policy sets out that aim to hold between 3 and 4 months expenses as unrestricted reserves. Our unrestricted reserves were £1,683,198 as at 31[st] March 2025. Our total expenses for the year ending 31[st] March 2025 were £2,126,582, which means that three months expenditure was £531,645 on average.

In the accounting year ending 31[st] March 2025 restricted income amounted to a total of £2,120,014, whilst unrestricted income was £255,584.

Our balance sheet remains strong and is adequate for the level of financial activity.

Key Risks and Uncertainties

Risk Management

As with all charities, ASC is to immune to risk. We define risk as anything that has the potential to disrupt the achievement of our strategic and operational aims. We also recognise that a certain level of risk is necessary in order to continue to provide the high levels of quality and excellence that have become synonymous with our services. In order to appropriately minimise risk to the Charity, we have put robust Risk Management Policies and Procedures in place, with risk management placed as an integral part of our decision-making processes, and incorporated into the strategic and operational planning processes at all levels.

We have identified categories of risk and have incorporated these into a Strategic Risk Register, which contains the major risks to the organisation. This Risk Register is regularly reviewed by the Trustees, along with the Risk Management Policies to ensure that all risk is mitigated as far as is practically possible. There are also specific policies in place with regards to working with vulnerable people and complaints.

Governance

Our governance structure has been established in such a way as to ensure that the risk management processes can be fully supported, whilst maintaining the focus

Page 13

needed on strategic direction and forward planning. Skill sets for the Board of Trustees are regularly reviewed and a robust training and induction programme ensure that policies and procedures are adhered to and that our values runs through all decision making at all levels within the organisation.

Systems are in place to ensure that deputy positions exist within the Executive Committee for continuity purposes and that a rolling recruitment campaign is maintained.

Financial Risk

The vast majority of our funding comes from one source, which places emphasis on the requirement to retain these contracts each time they are due for renewal. Four of our main contracts were successfully renewed in April 2022, and were extended for a further two years, giving a contract end date of March 2027. In June 2024 we secured one of our other contracts, and have gained an additional one, both with end dates of June 2026, with an option to extend for a further two years.

In addition, focus is being given to expand our services to minimise reliance on statutory funding, and allow us to widen our reach to help more people in desperate need of our services.

Legal & Regulatory Risk

The last few years have been difficult for many charities with large changes within the UK affecting the ability to fundraise and operate. We have been very fortunate in that the impact of these have been minimal for ASC, although there are some changes to specific Mental Health legislation on the horizon, which is likely to impact on the way in which we conduct our advocacy.

Brexit

As our services are enshrined in UK law, and we do not operate, or employ staff, internationally Brexit should continue to have minimal impact on the running of ASC.

Changes to Mental Health Act / Mental Capacity Act

We are aware of legislative changes to both the above pieces of legislation that is likely to significantly increase the scope of advocacy. We are in discussion with the Health Boards on a regular basis to ensure that we are up to date with the proposals,

Page 14

and have participated in the consultation to ensure that we are able to not only operate under the new measures, but also highlight the potential need for additional funding to allow expansion to meet those requirements to the highest standards.

Our Future

The next year

Our first priority for the coming financial year will be to successfully secure funding for the LD & Autism Advocacy Service, which ends in May 2026.

In addition, we plan to focus on income generation and fundraising in order to diversify our income streams, and reduce reliance on one contract type. Increasing our funding in this way will also enable us to increase resources in areas that struggle with demand, and reach more service users when they are at their most vulnerable.

Our operational goals for the next year continue to focus on raising awareness of advocacy, not only among the general population, but also the professionals who are required to refer to our services. The ultimate goal is to work with the various referrers, whilst maintaining our independence, to ensure that all eligible patients receive the help and support of an advocate.

Staff training and quality assurance will continue to have a focus, particularly in relation to the retention of the Quality Performance Mark award, which ASC have now held for a decade.

Our Ethos

Equality and Inclusion

We believe in the principles of social justice, and feel that our workforce should reflect the community that it serves.

Our aim is to provide fairness and equal opportunity not just in the delivery of our services, but also in all areas of employment and everything we do, providing a safe, secure working environment that values the identities and cultures of our staff and service users.

Page 15

In ensuring that we nurture a culture of inclusivity and maintain a diverse workforce, we also ensure that we are able to reach service users from many backgrounds and communities across our area of operation. In addition, by actively encouraging those who have or are suffering from Mental Illness, we can be sure that our employees have a unique understanding of the difficulties those they are helping face.

Giving a Voice

The help that we provide to those people in voicing their wishes and feelings is paramount, and the ethos of giving a voice runs through everything we do. Consultation and information sharing is a key principle that we believe allows us to flourish, sharing knowledge and information that in turn drives the business goals of the organisation, and promotes an inclusive, motivated workforce.

Page 16

Governance

Our Structure and Management

ASC is a charity that is Limited by Guarantee and is governed by its Memorandum and Articles of Association.

The trustees of the Executive Committee are responsible for the overall governance of the organisation and meet on a six weekly basis to review strategy and governance.

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 Trustees meet on a regular basis with the Director and Finance Manager to review the budget and accounts and discuss any concerns.

The Objects of the Charity

The Charity’s objects are: -

The Board of Trustees

The Trustees are also Directors of the Company for the purposes of the Companies Act 2006.

The standard term for a Trustee is three years, with a Trustee unable to serve more than three terms in normal circumstances.

Page 17

Trustee recruitment is an on-going process as we are 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

Statement 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 Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to: -

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with 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 irregularities.

In so far as the trustees are aware: -

Page 19

the trustees have taken all steps that they ought to have taken to make themselves awa￿ of any relevant audit inforniation and to eslablish that the auditors are aware of that information. Auditors The audrtors, Xeinadin Audit Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting. Report of the trustees, incorporating a strategic report, approved by order of the board of truslees, as the company director5, on the date shown below, and ned on the Boards behalf b Slgned: Prlnt Name: Date: 11 11 Is 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 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Strategic Report

Structure Governance and Management

Governing Document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Reference and Administrative Details

Registered Company Number

07524059 (England and Wales)

Registered Charity Number 1141999

Registered Office

Advocacy Support Cymru Charterhouse 1, Links Business Park Fortran Road, St Mellons Cardiff CF3 OLT

Page 21

Trustees

Graham C Oliver, Retired Kathryn E Smith, Retired Nicola Danson Laura Guest

Auditors

Xeinadin Audit Limited Chartered Accountants & Statutory Auditors Suite 2D Building 1, Eastern Business Park St Mellons Cardiff CF3 5EA

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 Support in Cymru Ltd (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements: -

Basis for Opinion

We conducted our audit in accordance with International 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 independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, 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 to 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 concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information 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 we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit: -

Page 24

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the 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 report to you if, in our opinion: -

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting

Page 25

unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent 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 if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities including fraud and non-compliance with laws and regulations we have considered the following: -

Page 26

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: -

In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included UK Companies Act, employment law, health and safety, pensions legislation and tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company's ability to operate or to avoid a material penalty.

Audit response to risks identified

Our procedures to respond to risks identified included the following: -

Page 27

We also communicated relevant identified lav￿ and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. No instances of Material non-compliance were identffied. However. the likelihood of detecting irregularities, including fraud. is limited by the inherent difficulty in detecting irregularities. the effectiveness of the entty's controls. and the nature, timing and extent of the audit procedures performed. Irregularities thal resuft from fraud might be inherently more difficutt to detect than irregularities that result from error. As explained above, there is an unavoidable risk that material misstatements may not be detected, even t￿￿)Ugh the audit has been planned arKI performed in accordance with ISAS (UK). A further description of our responsibilities for the audit of the finandal statements is located on the Financial Rewrting Council's website at www.frc.or .uklauditorsres nsibilitie This description forms part of our Report of the IrKdependent Auditors Us• of our report This report is made solely lo the charitable companvs members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Ad 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 auditors, 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 work. for this report. or for the opinions we have fomied. G Foncis. ALA. Gareth Franeis (Senior Statutory Auditor) for and on behalf of Xeinadin Audit Limited Chartered Accountants & Statutory Auditors Suite 2D Building 1. Eastem Business Park St. Mellons Cardiff CF3 5&4 Date: /1 JOZS. Page 28

Financial Statements

Statement of Financial Activities for the Year Ended 31st March 2025

Notes
Unrestricted
Funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
3,000
Charitable Activities
5
Cardiff & Vale Community
8,175
Swansea Bay Community
7,217
IMCA East
23,836
IMCA West
34,222
IMHA Aneurin Bevan
41,198
IMHA Cwm Taff
34,691
Henry Smith
-
IMHA Swansea Bay
28,022
Independent Dementia Advocacy
2,799
IMHA Cardiff & Vale
32,787
WCVA – VWMG
-
Lottery Funding
-
Other trading activities
3
28,480
Investment Income
4
1,942
Other income
9,215
Total
255,584
EXPENDITURE ON
Charitable Activities
6
Direct charitable expenditure
30,443
NET INCOME
225,141
Transfers between funds
18
59,340
Net movements in funds
284,481
RECONCILLIATION OF FUNDS
Total funds brought forward
1,398,717
TOTAL FUNDS CARRIED FORWARD
1,683,198		 Restricted
Funds
£
-
77,871
68,759
227,069
326,008
392,465
330,479
60,000
266,953
26,661
312,338
11,250
20,000
6
-
155
2,120,014
2,096,139
23,875
(59,340)
(35,465)
42,446
6,981		 31.03.25
Total
Funds
£

3,000


86,046
75,976
250,905
360,230
433,663
365,170
60,000
294,975
29,460
345,125
11,250
20,000
28,486
1,942
9,370

2,375,598




2,126,582

249,016
-
249,016

1,441,163
1,690,179		 31.03.24
Total
Funds
£
-
86,045
73,800
250,905
346,375
-
365,170
60,000
283,630
58,920
345,125
11,250
-
25,146
-
9,142
1,915,508
1,735,988
179,520
-
179,520
1,261,643
1,441,163

The notes form part of these financial statements

Page 29

Balance Sheet 31Jl March 2025 31.03.25 Total Funds 31.03.24 Total Funds Unrestsictsd Restricled Funds Funds Noles FIXED ASSETS Intangible assets Tangible assets 12 13 2,868 1,183,380 1,188.859 1,188,859 1.188,859 1,188.859 1,186,228 CURRENT ASSETS Debtors Cash al bank and In hand 14 30.950 828.101 30.950 835.081 14.992 603.506 859.051 806.031 618.498 CREDITORS Amounts falllng due wlhln one yoar 112.543 112,543 73.719 NET CURRENT ASSETS 746.508 0.980 753.488 544 779 TOTAL ASSETS LESS CURRENT LIABILITIES 1.935.367 6.980 1,942,347 1.731.CV)7 CREDITORS Amounts 181ts'ThJ du8 after more than one year 18 NET ASSETS 1.690 179 1.441.103 FUNDS Unreslricled fvnds Restricted fvnds 18 1.883,199 6.980 1.398,717 42,446 TOTAL FUNDS 1 690 179 1441 163 The financial statements were approved by the Board of Trustees arKI authorised for issue on Monday, 24th November 2025, and were signed on its behalf by: _ K E Smith- Chair of Trustees The r￿teS fonn part of these financial statements Page 30

Cash Flow Statement

For the Year Ended 31[st] March 2025

Notes
Cash flows from operating activities
1
Cash generated from operations
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest Received
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of the
reporting period		 31.03.25
Total
Funds
£
334,929
(12,665)

322,264



(46,821)
1,942
(44,879)



(45,810)
(45,810)



231,575
603,506

835,081		 31.03.24
Total
Funds
£
247,612
(17,786)
229,826
(12,701)
-
(12,701)
(128,601)
(128,601)
88,524
514,982
603,506

The notes form part of these financial statements

Page 31

Notes to the Cash Flow Statement

For the Year Ended 31[st] March 2025

1 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Interest paid
Increase in debtors
Increase in creditors
Net cash provided by operations		 31.03.25
£
249,016
44,190
(1,942)
12,665
(31,525)
62,525
334,929		 31.03.24
£
179,520
44,725
-
17,786
(7,489)
13,070
247,612

Net cash provided by operations

2 ANALYSIS OF CHANGES IN NET FUNDS

At 01.04.24
£
NET CASH
Cash at bank and in hand
603,506
603,506
Debt
Debts falling due within 1 year
(27,369)
Debts falling due after 1 year
(289,844)
(317,213)
Total
286,293		 Cash Flow
At 31.03.25
£
£

231,575
835,081
231,575
835,081
(5,187)
(32,556)
37,676
(252,168)
32,489
(284,724)
264,064
550,357		 Cash Flow
At 31.03.25
£
£

231,575
835,081
231,575
835,081
(5,187)
(32,556)
37,676
(252,168)
32,489
(284,724)
264,064
550,357
835,081
(32,556)
(252,168)
(284,724)
550,357

The notes form part of these financial statements

Page 32

Notes to the Financial Statements

For the year ended 31[st] March 2025

1 ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income: -

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Fixtures and fittings - 25% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Page 33

Expenditure which meets these criteria is identified to the fund, together with a fair allocation of management and support cost.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2 DONATIONS AND LEGACIES

Donations
3
OTHER TRADING ACTIVITIES
Fundraising events
Training income
4
INVESTMENT INCOME
Deposit account interest
5
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Cardiff and Vale Community
Grants
Swansea Bay Community
Grants
IMCA East
Grants
IMHA Aneurin Bevan
Grants
IMCA West
Grants
IMHA Cwm Taf
Grants
Henry Smith
Grants
IMHA Swansea Bay
Grants
Independent Dementia Advocacy
Grants
IMHA Cardiff & Vale
Grants
WCVA – VWMG
Grants
Lottery Funding
Grants received, included in the above, are as follows: -
Cardiff and Vale Community
Swansea Bay Community
IMCA East
IMHA Aneurin Bevan
IMCA West
IMHA Cwm Taf
Henry Smith
IMHA Swansea Bay
Independent Dementia Advocacy
IMHA Cardiff & Vale
WCVA – VWMG		 31.03.25
£
3,000
31.03.25
£
143
28,343
28,486
31.03.25
£
1,942
31.03.25
£
86,046
75,976
250,905
360,230
433,663
365,170
60,000
294,975
29,460
345,125
11,250
20,000
2,332,800
31.03.25
£
86,046
75,976
250,905
360,230
433,663
365,170
80,000
294,975
29,460
345,125
11,250
2,332,800		 31.03.24
£
-
31.03.24
£
246
24,900
25,146
31.03.24
£
-
31.03.24
£
86,045
73,800
250,905
346,375
-
365,170
60,000
283,630
58,920
345,125
11,250
-
1,881,220
31.03.24
£
86,045
73,800
250,905
346,375
-
365,170
60,000
283,630
58,920
345,125
11,250
1,881,220

Page 34

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

Direct
Costs
Support
Costs (see
note 7)
£
£
Direct charitable expenditure
2,095,132
31,450
7
SUPPORT COSTS
Other
Governance
Costs
£
£
Direct charitable expenditure
27,624
3,826
8
NET INCOME / (EXPENDITURE)
Net income / (expenditure is stated after charging / (crediting): -
31.03.25
£
Auditors' remuneration
3,826
Depreciation - owned assets
41,322
Computer software amortisation
2,868		 Totals
£
2,126,582
Totals
£
31,450
31.03.24
£
6,203
35,910
8,815

9 TRUSTEES REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

10
STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 31.03.25
£
1,414,369
111,656
42,167
1,568,192		 31.03.24
£
1,143,779
106,342
36,397
1,286,518

Key management personnel

Key management personnel are considered to be those personnel who are not trustees but sit within key operational and strategic roles for the Charitable Company.

The total benefits paid to key management personnel during the year was £63,573 (2024: £263,573), which consisted of the gross pay, employers' national insurance and employers' pension costs.

The average monthly number of employees during the year was as follows: -

Advocacy and Advice
Governance
Marketing and Business Development		 31.03.25
49
2
1
52		 31.03.24

40
2
1
43

No employees received emoluments in excess of £60,000.

Page 35

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

11
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Funds
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Cardiff and Vale Community
8,174
Swansea Bay Community
7,010
IMCA East
23,836
IMHA Aneurin Bevan
32,906
IMHA Cwm Taff
34,691
Henry Smith
-
IMHA Swansea Bay
26,945
Independent Dementia Advocacy
5,597
IMHA Cardiff & Vale
32,787
WCVA - VWMG
-
Other trading activities
25,146
Other income
8,437
Total
205,529
EXPENDITURE ON
Charitable activities
Direct charitable expenditure
57,385
NET INCOME
148,144
Transfers between funds
32,266
Net movement in funds
180,410
RECONCILLIATION OF FUNDS
Total funds brought forward
1,218,309
TOTAL FUNDS CARRIED FORWARD
1,398,719
12
INTANGIBLE FIXED ASSETS
COST
At 1 April 2024 and 31 March 2025
AMORTISATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024		 Restricted
Funds
£


77,871
66,790
227,069
313,469
330,479
60,000
256,685
53,323
312,338
11,250

-
705

1,709,979



1,678,603

31,376
(32,266)
(890)
43,334
42,444




 Total
Funds
£
86,045
73,800
250,905
346,375
365,170
60,000
283,630
58,920
345,125
11,250
25,146
9,142
1,915,508
1,735,988
179,520
-
179,520
1,261,643
1,441,163
Computer
Software
£
44,228
41,360
2,868
44,228
-
2,868

Page 36

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

13
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 1 April 2024
1,310,596
Additions
-
At 31 March 2025
1,310,596
DEPRECIATION
At 1 April 2024
168,997
Charge for year
22,141
At 31 March 2025
191,138
NET BOOK VALUE
At 31 March 2025
1,119,458
At 31 March 2024
1,141,599
14
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
VAT
Prepayments
15
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other loans (see note 17)
Social security and other taxes
Other creditors
Accrued expenses
Fixtures
and fittings
£

222,756
46,821
269,577
180,995
19,181
200,176
69,401

41,761



31.03.25
£
16,453
1,754
3,801
8,942

30,950



31.03.25
32,556
55,972
3,365
20,650
112,543		 Totals
£
1,533,352
46,821
1,580,173
349,992
41,322
391,314
1,188,859
1,183,360
31.03.24
£
1,446
453
3,801
9,292
14,992
31.03.24
£
27,369
25,190
7,250
13,910
73,719

Page 37

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

16 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Other loans (see note 17)
17
LOANS
An analysis of the maturity of loans is given below: -
Amounts falling due within one year on demand:
Other loans
Amounts falling between one and two years:
Other loans - 1-2 years
Amounts falling due between two and five years:
Other loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Other loans more than 5yrs instal		 31.03.25
252,168






31.03.25

32,556

32,556

97,667

121,945		 31.03.24
£
289,844
31.03.24
£
27,369
27,369
82,108
180,367

The RBS loan is repayable in instalments over 25 years at a fixed interest rate of 3.79% per annum.

18 MOVEMENT IN FUNDS

At 01.04.24
£
Unrestricted funds
Unrestricted
1,398,717
Restricted funds
Swansea Bay Community
18
Cardiff & Vale Community
89
IMCA East
3,090
IMHA Central
12
IMHA Aneurin Bevan
5,181
IMCA West
18
IMHA Cwm Taf
-
Henry Smith
22,480
IMHA Swansea Bay
217
Independent Dementia Advocacy
1
IMHA Cardiff & Vale
90
WCVA - VWMG Scheme
11,250
ILDA - National Lottery
-
42,446
TOTAL FUNDS
1,441,163		 Net
movement
in funds
£
225,142
1,663
1,889
5,974
-
1,097
35,306
236
(17,899)
4,265
(8)
477
(13,355)
4,229
23,874
249,016		 Transfers
between
funds
At 31.03.25
£
£

59,340
1,683,199


(1,672)
9
(1,976)
2
(9,032)
32
(12)
-
(6,278)
-
(35,309)
15
(236)
-
(2,162)
2,419
(4,208)
274
7
-
(567)
-
2,105
-
-
4,229

(59,340)
6,980

-
1,690,179		 Transfers
between
funds
At 31.03.25
£
£

59,340
1,683,199


(1,672)
9
(1,976)
2
(9,032)
32
(12)
-
(6,278)
-
(35,309)
15
(236)
-
(2,162)
2,419
(4,208)
274
7
-
(567)
-
2,105
-
-
4,229

(59,340)
6,980

-
1,690,179
6,980
1,690,179

Page 38

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

18 MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Unrestricted 255,584 (30,442) 225,142
Restricted funds
Swansea Bay Community 68,759 (67,096) 1,663
Cardiff & Vale Community 77,873 (75,984) 1,889
IMCA East 227,069 (221,095) 5,974
IMHA Aneurin Bevan 326,010 (324,913) 1,097
IMCA West 392,465 (357,159) 35,306
IMHA Cwm Taf 330,477 (330,241) 236
Henry Smith 60,002 (77,901) (17,899)
IMHA Swansea Bay 266,953 (262,688) 4,265
Independent Dementia Advocacy 26,661 (26,669) (8)
IMHA Cardiff & Vale 312,494 (312,017) 477
WCVA - VWMG Scheme 11,251 (24,606) (13,355)
ILDA - National Lottery 20,000 (15,771) 4,229
2,120,014 (2,096,140) 23,874
TOTAL FUNDS 2,375,598 (2,126,582) 249,016
Comparatives for movement in funds


Net Transfers
movement between
At 01.04.23 in funds funds At 31.03.24
£ £ £ £
Unrestricted funds
Unrestricted 1,218,309 148,142 32,266 1,398,717
Restricted funds
Swansea Bay Community 1,185 (998) (169) 18
Cardiff & Vale Community 930 475 (1,316) 89
IMCA East 2,734 5,882 (5,526) 3,090
IMHA Central 12 - - 12
IMHA Aneurin Bevan 4,858 9,266 (8,943) 5,181
IMHA West 18 - - 18
IMHA Cwm Taf 2,713 4,555 (7,268) -
Henry Smith 22,596 2,183 (2,299) 22,480
IMHA Swansea Bay 4,340 (5,439) 1,316 217
Independent Dementia Advocacy 11 (259) 249 1
IMHA Cardiff & Vale 3,937 4,463 (8,310) 90
WCVA - VWMG Scheme - 11,250 - 11,250
43,334 31,378 (32,266) 42,446
TOTAL FUNDS 1,261,643 179,520 - 1,441,163

Page 39

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

18 MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
Unrestricted
Restricted funds
Swansea Bay Community
Cardiff & Vale Community
IMCA East
IMHA Aneurin Bevan
IMHA Cwm Taf
Henry Smith
IMHA Swansea Bay
Independent Dementia Advocacy
IMHA Cardiff & Vale
WCVA – VWMG Scheme
TOTAL FUNDS		 Incoming
resources
£
205,529
66,815
77,904
227,163
313,599
330,620
60,023
256,793
53,344
312,468
11,250
1,709,979

1,915,508
 Resources
expended
£

(57,387)
(67,813)
(77,429)
(221,281)
(304,333)
(326,065)
(57,840)
(262,232)
(53,603)
(308,005)
-
(1,678,601)
(1,735,988)		 Movement
in funds
£
148,142
(998)
475
5,882
9,266
4,555
2,183
(5,439)
(259)
4,463
11,250
31,378
179,520

19 RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025

Page 40

Detailed Statement of Financial Activities

For the Year Ended 31 March 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Fundraising events
Training income
Investment Income
Deposit Account Interest
Charitable activities
Grants
Other income
Other income
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Insurance
Postage and stationery
Subscriptions
Staff travel expenses
Premises costs
Recruitment and advertising
Staff training
Loan interest
Health and Safety
Legal and professional
Communication
Accountancy fees
IT expenses
Depreciation
Support costs
Other
Training
Bank charges
Governance Costs
Auditors' remuneration
Total resources expended
Net income		 31.03.25
£
3,000
143
28,343
28,486
1,942
2,332,800
9,370
2,375,598
1,414,369
111,656
42,167
18,377
2,792
4,165
50,826
241,422
11,282
14,255
12,666
4,021
24,213
30,446
3,845
64,440
44,190
2,095,132
26,905
719
27,624
3,826
2,126,582
249,016		 31.03.24
£
-
246
24,900
25,146
-
1,881,220
9,142
1,915,508
1,143,779
106,342
36,397
18,661
7,948
1,915
43,174
161,412
5,595
21,148
17,786
1,745
28,384
27,235
1,181
36,649
44,724
1,704,075
25,053
657
25,710
6,203
1,735,988
179,520

This page does not form part of the statutory financial statements

Page 41

Our Thanks

ASC would be unable to operate without the support of our funders and partners, and would like to record our thanks to the following organisations: -

Gower College

Page 42