FIPIANC D 31st MARCH 2024 Ctsmpany Re9i$tr•tit)n Number. 07621068 ¢th•rfty R•glgtrallon Nurnber: 1143587 Huth•sJon•s. Dyxon & Co ¢hart•r•d Accountant¥ Cagm•rfo AGE CYMRU GWYNEDD A MON Cont•nts Pa9• Truste0$' Report Trust*0$' Res￿$￿￿11168s Stst¢rnwt Auditor8. Rewt Income & ExpenthtureAccount & statamntdTotal Recognlsad Gain8 and Loss85 Staterr*nt OlFiTharKial Activili•$ Balance Sheet Notes 8-15 AGE CYMRU GWYNEDD A MON TN•t•u' Rgpryt For Th• Y•or Endtyd 31st Mar¢h 2Q24 The trustees y￿ent th￿r armu01 retK*t on Ihe affairs of Company tegèthw ￿th th8 Ac(x)unts and Auditors R8PC*t for the year ended 31st March 2024. TrLs rowrt ¢￿￿￿10$ wllh tho Cwpanle$ A¢t 2006 and should bo re￿ in conjwcbon wilh the bjll Trustees, Annual Report compiled accordlry lo stale[r￿n1 of Rawmrn8nded Pracllcs fr)r Ar£ounting by Charities. Prin¢ip•l A¢tl¥ltl¢• Tho pritKipal of Ihfr It)mpany is to provide help arnl $wJwrt for the plJ8rty. Trust••¥ Thè trust&￿ oflhè tomp*y durfng thè y6ar were,. Dafydd Iwan Gwityrn Elli8 Eva Mwyn Jon8S Robert C￿0%¥yn Wlllkgms Wyme Willk*rns (Reswjnod 31.3.20241 Memir l)Men IRespJned 19.5.20231 Anwen Plughes John Mcfiis Prrtchard Hu9h Nevlle Evans IReslgn8d 31.3.20241 Heler¢ Owen (Resigned 19,5.20231 Nerys An￿ Evans Gareth Wyn GrtfFrth IAppJlnled 31a.20241 StatÈm•nt Of OIBclo8ur• 01 Infomiatlon To Audltors So far 85 the trustees are aw4re. there 1$ no relevant au(It Informatkn las defined by Secion 418 of the Act 20￿) ofwthich thg wrnpanls are un8war&, and 88ch truslae h88 t8kon 811 steps th8t they oughtlo hav• taken 05 8 Iw5tee Idir9Glorl n orderto make aware of any rebvanl audll Infcfmalbn and to estab￿Sh that the c¢4npany'$ aLtylthrs rg aware of that infptTn4tiw. Publle 8anrft Statement Thè Trustees eonfimi Ihal they have comk41ed wlh their duty un(*r section 17151 of Ihe 2011 Ch4ritie5 Ad. They have con$idÈrod Iho publlc benefit guldelines Pu￿1&hed by the Ch8rity CommY￿1(fi and believe Ihey have foll¢)wed i¢.5 gu￿18￿¢$ in this ar¢a. The acllvltses undertaken by th8 Charity during the year ITr further￿Ce of K's charila14e purpuse ore oulllned In Ihe full tru$lè&8 re￿, and the Iruslees sausfled that such ac￿￿￿88 pro￿de a wblic t4n8fiL Audltots A. Hughos Jonos Dyson & Co. have expressed thalr￿lI1ngne8s lo reman as au(Ilc(s of the ecfflpany. Th& above rewrt has be￿ prepared in accordan¢8 with the special p￿￿31¢n& re18Ur¥J lo small compan185 wlthln Part 15 of the Compani9s Acl 2(Ml6. By Ord8rofth8 Board Dale AGE CYMRU GWYNEDD A MON Tru8188s' Rospon$lbllltl•s Stat•m•rrt The Trustees &e re8￿?￿￿18 for preparng thg R9[￿ ofthe Trustees and the finant181 slAtements in accord8r￿ wth law and reguL8tknns. Cotnpany rtqulr8s th8 Trustees to pryr• financial statemerTrts for each ffin8nclal year. UtYJ8r that18Wth6 Truslees have ekcted trj wepare tht financial 8ts1ements in ￿¢￿rdaNC0 wllh Unlted Klngdom Gen8r811y Accepted Accounb"ng Practice IUnrt6d ￿ngthm A(wJnlTrJ Standards and appllcablg lawl. Under company law lh6 Trust￿ must ￿1 appro¥E finartial 8t8tements unJ888 Ihey are sat￿rIed that they glve a and fair af the stale of affairs of Ihe company 8rn1 of the Ic6s c￿npanY for Ihat period. In prepgriny those finan¢ial staigments. Ihe Trustees we reqLlrod to.. - Èelèct ￿luntIng 01(ae6 end lh￿ appty Ihgm con*tantty,' . makojudgemgnts 8r4J 4sUmatO$ Ihat affj foastyiobk and pNdon( - st* thè SpF4kab￿ 8ccountlrvJ standHrds h8ve bew fOll￿ed, subiEGt to any rnatsrfal deF0￿re5 dl8ck)s8d arml oxpL*lwd In th8 financid acwjnts., . Fxeparo th¥ fi￿rtial a¢c￿Jnls on th8 gjing concgm unless it is inappropriate to that the CC4nF4ny ￿11 conun￿ In Thgtru5te95 arg 10$k¥)n$lb￿ I￿kO4)Ing prOp8rxco￿llr￿ rgcL¥rl8 whi(* vrith r¥asonab16 accurxy at any lima Ihe financlal poshJM of tho company and lo enable them to ensu￿ Ihal the finanrAal attounls t¢mpty wNh Cc¥np8nk8 Act 2W6. Thgy are also r•SptsnsIb￿ for safeguardlrrfJ the asset5 of the wmpany and hence for taknng re8$0nablo gps lor Iho pr¢¥•￿ty1 aThJ and othgr irr8gulafitie5. By Order cf the Board Date R•port of Ihe Ind8p￿￿OnI Audltors l• th• Mgmb¢rs of Ago Cymru Op•nlon We have audsted the financial slatÈtnÈnts olAge CyThru G5yyn￿d & Mon Cytllhe"Chafitfl for the year ended 3151 March 2024 whith wmpAse thè slalÈment offiTrancKfjl aGlivilie5. sheets and notes lo the financial Statements. irKluding a summary of significant &tountSNJ ￿1C￿. The financial reporb'ng framework that has t)een applied in thwr preparation is applirable law ancl United Kin￿OM AG(o￿tIng Stsndard$. i￿luding Financial Reportin9 Stsndard 102. The Fin8nci81 Reporting Slandard apFlicable in the UK Republ'c of Ireland (Lhited Kingdom Generally Accepted Aco)unliry Pracb"c81. In ouropink*n, financL4 statemeni&' gfv8 a tbue 8nd falr of thè tstatè Oft￿ Ch8rWs aflalrs as at 31st March 2024 and of Ils Intamè 8nd expendllure for th¥ year then ended.. have been prcpedy prePa￿d in wrdanc8 with United ￿ngdoM Genaralty Accepied Aco)unllng Pracll¢e', av8 been pr8p*ed in 8¢(xthn¢e with t9w1￿m00ts of the ¢￿pOn10$ Act 2006. 8Kls for opinion Wè condLKted our 8udtt kn *cord*ce Inlemallonal Standards on Audlllng IUKI IISAS IUKII appllrAble law. Our re$KxJnsiblllllès under IFx)se $landards arè lurih¥ des¢rlbed In th¢ Audittsrf8 rèsponslbililie& for Ihs audit al finantyal gtstements $eth¢)n of our rÈport. Wè 8re Inder￿ent of the Charlty in g¢¢ordante wth Ihe ¢thi¢al r8quiremÈni$ that arè relevant to our audft of th¥ finandal statements in the UK, indudlng the FRC's EthIG)I Standard and Ihp prowsions available for$mall entities. In the thumstanGes set out in nute 110 the finanGlal $tatements' gnd we have fvffilled eAJr other elhlcal responslts'lfties I accordan¢e with thes¢ reqUWe￿enls. We believe that Ihe a￿j11 wdprttwe have obtained i¥ 5ufficiert and appropria to pThide Ihe basi5 of eAJr opinffi. Conclusions rolaliry to goin9 conmm auditing the thanaal 5tstemBnts. we have concluded that the tru8tee¥' use of the gDing concern b85ks of accounting in the eparation of lhefina￿￿I statements is appr¢Jpriale. Based on the work we have p￿￿[M￿a. we have Thjl Id8ntifi8¢J any rnaterial uncertaintie5 rel*"ng to event5 or conditions that, individually or cdkctively. may cast doubl on the companls ability to continue 88 a goirYJ concem fow a ￿rIOd of at le8s1 mnlhs from w*en Ihe finana81 statement8 are authorised for issue. Our rasrK>nsilMlltres aNJ r8SKmSs￿1It18S of t￿ directors ￿th raS￿ctIo going concem ara descrlbod In th8 r818vant se¢tions oflhi$ rÈpr*t The trustees are resw)nsiNe for IhE Other infotTnati¢n. The other inforTnation comprises the infortnalion includ￿1 in the annual r9POrt other than financid stalernents and our auditarfs repDrt ther￿n. Our opiniDtb on the financial slaternents does not covgr the oth8r inforrnatian aro. except to IhB extent 0th8rwL￿ expliciuy stalgd in our report, w8 do nDtwr8ss anyfarrn of assurdnce concl1￿0￿ 1hwe￿. In connection with wr audit of the financial statements, Ixjr responsibility is lo read the olheT information and, in doing so. consider the olher infonnation is mat￿la1￿ incans1Stent wth the financial staietnent5 Dr our kn￿￿edge oblained in the ajdit or other¥ri5e appears to be rnaterially rniss*ated_ If we Klentify such maierial incon515tencies ar apparent rnalerial misstatements. we arg r&quir8d lo d8torming whglhgr Ih8rg is z mal8rial rnisslai8mgnt in thg finanual statgments OT a rnatarial rnisst3tsmentof Iho 0th8r infonn8tion. If, based on Ihowort we have P8rforrn￿. ￿ concludo th81 there is a matgrial rni5s18tgrngnt cf this olher knfom)8tb?n, w? are r8qulred to rewrt that fact. We ha¥9 nothkng to report In Ihls regard. Oplnlons on otherm•llor$￿sCrIbedkny the Companles Acl 2006 In w oplnbn, based on Iho %vork undertaken In th9 course of the 8udt.' th? in thg tru?1￿￿% reporf liDc(¥p¢Yating 3trolegr repDrt Ihp dirndord. ￿p￿tIf￿r￿e￿nalK1aI yearforwlych Ihefin8nrial ¥t*9mpnt6 are prep&Trd is wnsislentwilh Ihe 8latsm9nl&.' and the iDJ5tee5' report the 51ratsgK T¥POrt and ihp direclorf5 report) have been prepared in accOrdaT￿O Yhth appfiraNe W requirem￿1$. In Ilght ol Ihe knowledge aThl und8rstandlng of th8 Charfty and Its enwlronment obtalned In th8 course oftha audlt, wfr hav& ml Idonlfigd materlal mlsstatements In Ih? Trust88s' Annual Rawt. Report of the lThJop•rKlertAudI￿rn to lh* Memb8r8 of Ag• Cymru Gwyn•dd 4 Mon We have nolhing ¢0 in r88pect ef th& lo11tr￿ro maller5 rdation to which Ihe CMIp8nle8 Act 2C￿ requires us to rewtto you rf, in wience of Ihe aL¥Jrt was de8med le ￿ suffidenl to klonlrfyfrdud or Errors in ttms enyagen*nt. A fvrther d￿rtp￿0n of our r6spon8iblitie5 for the audltof finandal slatsm8nts is kcated on the FInan￿al RepDitin9 CwrK41'$ wèbsiie at1yww.frc.org.uklaudit￿sr85p￿sItsl1thes. deswpb'¢n forms part of ￿￿r wdilorfs rek* ofthe Rtp¢rt This report is made 8c4dy to Ihts Chèws member8, 88 8 ioty. ITh accixdwce ￿1h ChaP￿r 3 of Part 16 oftho Compan18s Act 2006. Our aL*lit th has bobn urmjèrtaken so Ihat we mlght stale to ￿ CharW$ mambers tkM)s& malter8 wa aro r8qulr8d to state to them in an audltsrfs report and for no other PLxpo3e. To lulles¢ trxtontp8m)itted by law. w8 do not accept or assume reSp￿￿1b1I1ty to aThyon6 Other Ihat the Charitys rrEmber¥ as H iKxty, for our audllwk, ferthls report, orfor Ihg pinth$ w¢ havo ftsm8d. Mr Brian Hutth￿ IS•nl•rS1•￿twy￿d fov wid OTh beh•ltolL Hugh•$4•nM, Dwn •C statutory Auditor6 a ChJrt•r•d A¢¢•unt4nt• cllp￿ Morola, Soulh p•nr•I￿ C*•m*rf•n. Gwdd. LL55 INS AGE CYMRU GWYNEDD A MON IrKom¢ and eX￿￿￿tUre Aceount For Th• Yoar Endod 318t March 2024 2023 Note8 Incomg 1.021.304 898.369 Olréct Exp8nditur8 1.077,462 1.OJ6.387 Gross ID¢A¢ltllSurplvs IS6.1581 1108,0181 Inv8slm8nt Income 8,136 6.826 IDofKit)ISurplus For The Y•or 022 101 192 St•t•m•nt•t Total Ro¢09nl$•d G•ln$ and Lossts forth• Yoar Ended 31st March 2024 2024 2023 Not•$ sU￿U$ll￿Gr(I F￿ Tht Ye 14Q0221 1101.1921 Urweallsed GainsllL¢Js$0$1 On Inveslmenis 18 Total R￿￿18•d IL088é8yGalns Relatkng To Tho Year 113357 AGE CYMRU GWYNEDD A MON 8tatem•￿ ol Flnanclal Actl¥lt1•8 for tho Year Ended 31st Mar¢h 2024 LFnr06tr1¢tÈd Rastrkt•d Ftsnds Total Fund6 2024 Tolal Funds 2W23 In¢¢m• Le￿cleS & Donations From subsId￿ry Other 25,000 5.657 9,2DI 9,201 Cl%gritabkAGbvitses 98Z691 98Z691 828,Q3Q Other TradiTrJ Athitse$ 29.412 29A12 39,682 Investrnenl Income 8,136 8.t36 6,826 Total In¢ome 1021304 8136 1029 0 905,195 Expendilur• Rw&ng FU￿1$ 30,217 30.217 23A48 Ch8rhablè AdvMes 1.042,276 4,969 1.047,245 9e2,939 T¥bl Expthdknr• 1.072.493 4.969 1 077 462 Ng¢ Incorne 151,1891 3,167 14&022) 1101.1921 Transfe￿ Between Fu 11,WOI GaIn￿(LO$s88￿ Investmgnts 13,216 14216 112,1651 T¢ta IDeGrea$¢YIn¢rga￿ In FuThJs 50,189 34808 113.3S7 Ba1￿CeS bro￿h1 fwward 896,263 265,399 1.161.682 1.275.019 846,074 280 782 1126.850 1.161,662 AGE CYMRU GWYNEDD A MON Balan¢e Sh¢¢t Is at 31st M•r¢h 2024 (Company Number: Q71210681 2024 2023 Flx•d As¥ot$ TaThJible Asset5 Investment In SL*1$￿i8ry Grmpany Investments 203,278 215.766 14 229,941 433,220 216.703 432.470 CurrentA6¥0ts Stock Debtors Cash at Bank In Hand 2.650 103.052 746.500 1,000 112.199 773.819 852,202 887.018 Uablllllo5= am￿nts lalll due wtthSn onè year 1130.6881 1155,(K)6 Not Curront A88•ts 721,516 732.012 p￿￿¥10￿¥ for knthbilitiES 16 IZ7.8801 12.8201 12 1,126,856 1.161,662 Fund5 Unrestrfcled Restrited 846,074 280.782 896,263 265.399 15 1.126,856 1.161,662 Tha fin*dal statements h8v8 been prepared In 8ccordAnce wlh Ihe special of Part 15 dlhe Ccrnpanie& Act 2006 relating to srndl ￿mpanieS. Ttusi*è Truste8 D* AGE CYhlRU GWYNEDD A dlON Not•8 To Th• Accounts For The Year Ended 318t Marth 2024 ACC￿￿ntIng Pollcl•¥ 8èsls OIAccountin These fmanaal statemenls have been preparEd in aGGordanGe %￿th the provi%ons of S￿lI0n 1A"Small Entthe5" of the Financial Rèporilng Stand¥d 102"Th& Financial Reporb'ng Standard apF41¢a￿* In the UK and RepublK of lie￿1¥￿. and the Ci¥Dpanies Act 2006. Thè financial stslements havè b86n prèp￿1 uniler Ihe h￿¢￿"¢ c08t convenlton. Ewrty inveslTnents hekj by the Trevor Roberls Fund are stated at m*et valuÈ. Tumover TU￿￿Ver rewexnts net sa￿¥ ofgLYx18 and 88rvw exduding VaiuèAddwJ Ta¥. Gr8nls Grants of a revemLE natwe are creth*l to the Incom• 8XF*Thlitur8 aCc￿nI In th& In thich tmy aro recepiatrAe. Grants received in adVar￿ arn t8rrl&Y forward for matching ￿th th9 appropriate expenditure. Capitsl ￿ants are also refiected in lh6 eX￿ndI￿re account In Ihg yeqr in thiGh they grE received In accord￿Ce with Ihe Strlewnent of Re¢oftYnènd8d Praclce for AccLwJntlThJ and Rewiting by chor11￿$ 2015. Resources Exp￿￿¢￿ Resources expBnded are rev)wS$ad In tha perfod In whlch Ihgy arg Incurr￿. Resource8 exFend•Y inclwk VAT vthkh cannot bo rKov8red. RestyJrce8 exwnded ON resirl¢iwJ lunds relata to 84)enses I￿Urred on the woioGt togetherwith ovorlwJ$ Sp￿r￿aned on the basi8 of ￿nef￿[ary T8tytk F￿edA$sets Tangib￿ fixed assets are slated at cost. Depreciation is prowded at the fdlowing rzte5 on Ihe not book Yalua t*fore charulng d8weciakn gtthe yew ervj In grdw to write off Iheir w81 k￿8 their e5tirnaled re5KJual V￿U0$ gvor thalr eXpec￿j u88ful 8coTrJmr Ilve8. LèBsaWd lryrtr4am8rts Mcior V8hicbs 25% ont & EqUipr￿nt 20% Flkfvrés & Flttlngs 20% C#pttal itorN% bel￿ £100 ar8 wriiten off to eyrKlllwe In thg Y￿r. ovw pgriol t)f prlm2ry leas8 Inv8sgff*nl$ sted Investments are va￿d at market vdue as at the balan￿ $hgOt dale bss any p8nnanenl dimknutiM. G*ns •)d 108w of knvastmants are charged lo the Statemenlgf Finartw ACt￿lIeS. The cerfyany op8r8tes a d9fiwl ¢4y)In￿dc￿ scheme. Centribulions psyabkn fvr lh6 yo¥ or• ¢h the Incc¥ne EmFeThJ￿r8 ac(xunt. L0886dAssets F￿ad as88ts acqwred under fina￿ ￿•$¥$ ¥• Included in the bak8rKe sheet al co811886 d9w9thti￿. Interest payatde In each period is ch￿ged Its profit and loss accwnt. Operaling kases are thar9Bd to profil and ac¢ryJnt as Audito In (x)mmoTh ￿￿th many bJslr*8588 of ow slz& and nawra we usè our auditors to prepare and 8L4)mlt rglums to tho tsx aulFKKIUes and 8sd8t wmh Ihg preparalknn of Ihè flnandal Stat￿￿nts. AGE CYMRU fj7AryNEDD A MON Motes To The Accounts ForThe Year Ended 31st March 2024 Plet Income is statsd after ch8wIw', 2023 Pen￿0￿ ContribulK)ns Auditor8, RemunÈratl¢ Depreclallon an Tong1b￿ F￿$d Asssts L05sIIPr¢fill on Disposal of A55etS 25.817 19,987 4,800 15,514 790 11557 Charltabl• Actlvltlo8 Urrnslnct6d Restricted T¢>tsl FU￿1$ Total Funds Funds 2024 2023 kn9￿ey Councll Gyrynedd Ctrvncil Age Cymru Grants National Lottery Other Grants HornecaTe Rec￿pts Shoppiry Sch@me Clwb BDnln8wydd Receipt5 Mernb8rship Fe8S Sundry Rec8ipIs M&815 on Whed Re¢el)Is 54,500 211,8S8 55.095 60.OOD fj8.982 462.473 21.959 5.892 54.500 211.858 54095 60.000 6B,982 461473 21,959 4892 54.627 225.254 29,298 407,429 26,641 5,739 1.031 40.901 1,031 40,901 3.172 53.074 982.691 982,691 828.030 Oth•r Tradlw Actlvltlas Unr*Lrictgd Resirfthd Fund$ Fwd$ Total Funds 2023 Funds 2024 Christsn88 C8rds Café Recwpts 8othwdd Café Retrt 22,612 8.600 200 22,612 6,600 200 32,496 6,eOO Gfft Aid 29,412 29.412 39,682 10 AGE CYMRU GWYNEOO A MON Not•s To Th2 kcounts For The Year Ended 31*t March 2024 Ewnthlur• on Charitsbl• A¢tNilies Un￿￿trIct￿ Re$trict•d Funds Funds Totsl Funds 2024 Total FurK15 20ZJ SaL¥l8s Travel EY¥enses M88b ￿ Wh88ls Saknes mea￿ on Wh8els Costs Homecart Salaries Shoprthg Schew* Salaries Home¢arè & Sh)Fplng Travel Othar Costs 316,e49 3,435 51,802 316.849 272,946 3,330 51,968 37,211 370,940 15,248 35,012 1,177 42,795 S532 1,011 3,033 8,334 10,345 51,802 435,608 19.032 26.537 330 5,422 435.608 19.032 2&537 330 Day Clubs C￿nIng Equipmert & Rer*wals Equipment H Vtrhith RunniNJ Costs Telephwe Ch8rgo8 Office Costs A(fvertising & Pwmotkjns Insurance Rent Watw Rates Heal & ￿ght Repairs lo Property CuJr5es & Trnining iicences PUb1'eatio￿ & Subxrptyong Sofvw8 LiCen￿S Auditors Remuneration Profes*onaJ Fee5 Bank Charges Mulgage Interest SuTrJry E)pense5 DeprecK81ion L¢)$811Profitl on sa￿ of Fixed Asset 4,969 929 2,398 12,410 7.023 12.410 7,023 9,599 10,310 3,941 10,529 4675 1,313 15,252 10.310 3.941 10.$29 4.675 1.313 15.252 970 978 9,775 2,913 12,556 14,382 1278 14,978 726 1,224 978 1,803 9,433 4,800 15,289 3,890 83 4.933 15,514 19,921 19,921 19,650 5,439 109 2,991 13,557 19.650 2.991 13.557 1,042,276 4,969 1.047345 AGE CYMRU GWYNeoD A MON Not•8 To Th• Aecounts For The Y•ar Ended 31st March 2024 Ralslng Funds R#ld¢ted Total Funds Tolal Funds Fu￿$ Funds 2024 2023 Caé Wages & Travel Café CD315 18,944 11,273 18,944 11.2n 2,942 *aff Costs 2024 2023 W$ggs and So10rf0$ Sctlal Securfty Costs 785,615 38,819 697,565 42.218 739,783 The 8verage numberof empbyees was 54 12023 491 NOM of Ihe Chantys employees receNed emoluments over £eO.OTr) In the (yJrrenl ye*. Tarylbl• Flx•d Asset• Freeho￿ hnprow4norrto Propwty To Property Plant & hl&chln8ry Fixtures & FlttlTr Motor V•hl¢l•s Totsl Cost At bwnning ofyear AlditiNs Di8P08als Atendofy 166.825 30,852 59,233 155 72,212 914 72,778 401,90D 1.069 166.825 551,388 71126 72,778 402,969 Dopreclatlon At beg5nnin9 of ygar Char98 fcf year Eliminati￿ on 055posal At ènd of y8¥ 13.026 2.171 7.529 3.085 45,634 2,751 54,327 3,760 65,618 186.134 13.557 15,197 10,614 48.385 5&087 67,408 199,691 Net eook Vau• Al 3151 M¥ch 2024 151.628 20,238 11.lJQ3 15,039 &37Q 203.278 At 31st M￿h 2023 153.799 23,323 13,599 17,885 7,180 Debtors 2024 2023 Tvade Debtors Gonls & Legac￿ Du• Amounts duo Subldlary Company PrepaymentB 46,028 38h51 9.504 77,398 19,583 8,333 6,888 103.052 112,199 12 AGE CYMRU G%YYNEDD AMON Notes Tv TheA¢¢¢unts ForThe Year Ended 31st March 2024 io Ll•blMU88: knryjnts falling dL*itMn (￿e year 2024 2023 AccNal8 Other Credilors Grants in Advance Other LoaTr5 72.382 28.144 13,239 11921 78.401 16.275 41,167 19.163 130.686 155,0( 11 statutory Inlormatlo Aoe Cymru G%*ynedd a Mon Is a company Imtted by guarantee and (kns have any share 1x￿t￿. The C(xnpwy is registered in Erul8ntl & Wales company Thumber 7621068. regis*ered cifKe is Cr*tref, Bontnthyydd. Gaemarfon, Wnadd LL54 7UW 12 Analys1$ 01 N•iAss•¢s B•ts¥oon Funds UMestsl¢ted ReBtrfcted Total Total 2023 FundB 2024 TaTrjib￿fIKed assets Investment In Subsid 203278 203.278 215.766 In￿sIm8nls Cash at bank a￿1 229.941 50,841 229.941 746.500 2.650 103,052 1130.6861 127,8801 216,703 773,819 1,QOO 112,199 1155,0061 12.8201 695.659 2.650 103.052 1130,6861 127,8801 Debicffjs Current1igbllid88 Long Term Ilabllknes 280,782 1 856 1.161,862 13 TNth• R•munera¢lon And EX￿n$•I During the year no Iravd expen$0s w¢rn potrJ to 1rust￿.12O23 n￿?} 14 Sub4ldlary Und•rtaking8 Age Cymru Gogledd Ma5n4chol Cyfwas irtLYpNatsd on lh8 141h N¢werntr*r 2013 and 15 a wholty 5ULySid￿ry ofAge Cytrwu GwyrKdd A Mon. AGE CYMRU GWYNEDO A MON Not•¥ To Th• Accounts For Th• Y•ar End•d 31st Marth 2024 15 AI BWnin9 01perf￿￿ Incom• Expgndliuro In P8riod Transf•r In￿sIment Balan¢• Gahs In PerM)d ItsD•w•rAaNon) 3110312024 Cronfd JohTr frevtrRoberts 265,399 8.136 4,959 11,0001 13.216 2BO.782 8,136 4 %9 13.216 280.782 John TrevoTRobeEts F Thd fund 8etup to p￿m￿l* IhÈweN41eing oflhe il* BrynSien(w and Crfcdelh area. Th8 fund i% mad¥ up of8lock invÈ￿M￿nts And dépwl. movemen15 in inve5trnentvaluesduriw pBriod w8$8$ ts1(ws.- Value o15hares at 1st Aprl 2023 TY¥nsfers Irflwii of fund Net IdoEr&88oylncrea8e kn v8bJe 216,703 22 13,216 V￿ue of shares al 31stMarch 2024 14 AGE CYMRU GWYNEDD A MON Note¥ To The A¢¢tyunts F¢)rTho Year Ended 31st March 2024 16 P•nsSon Obll9allons Schom•TPT Mrgmqnt Solulonl. Gr4XYth Plan The ￿MpanY parbopales in Ihe sc1w￿, a muttl.8mph)yer scheme which wotrides beneffts to $om8 638 ￿￿- a58ociated parbapatiTrJ empbyets. s¢hèmè Is a defined bervafft scheme in 1he UK. It is not po$8lblè for Ihe tc*npany lo obtain Su￿ent informatton to enablÈ it to acwuntfor ￿ sch8m8 88 a l￿fi￿d benefft si*eme. ThetEIt) 11 accounts for the scfEme a5 a defined contrib￿￿?￿ 8them¢. S￿￿0 18 subiecl tothe funding legislalv)n In th6 Pens1￿8 Act 2004 whlch came into force on 301h Décémbèr 2005. Th*, Icgetherwith the documents issued by the Pènsions Regulator and T8chnic81 Actuatial standards Iswed by the FinanrAal RepNtirwJ Courtdl, s•lW the fvamwork for fundlng defin8d bBngfl1 ocoJpHlion pension s£h6més In Ih6 UK. Thè St￿Me Is dassified as a'last-man 5taThJing arrHn99ménf. The￿f{x6 the ￿panY Is k￿lIallY liab￿ for oth participallng em￿0yerS, obligati￿S rftM15e empbyer5 are Unab￿ to Me￿ thelr share olthe deficitfollowirvj wllhdrawal from the scheme. ParticlpqtiTrJ empbygts arglogally r8qulred to m88t thek share of the 5theme tjthit ftrf10￿￿j ￿￿thdraWal from Ih? sckne. A full 8Ctuarial valu8*on lor the 3cheme was G#rri¢d oui at 30th Septamber 2020. Th18 valuat￿ slY)wed 855el$ of £800.3m, liab1lll￿S of É831.9m and a defiat 01£31.6w. To dlmlnats th1$ lundlng shortlall. th8 Trust88 has ask8d thg porti¢ipaiing omp4oyer$ to pay addlllonal contribubons to t1￿ schom¢ as f¢lknvs: Deflc6t contrlbuti¢>n# Fr¢m 1st Awl 2022 to 31sl January 2025.. £3.312.0(N) annum IpayaNe monthty in¢rea$lng by each on 1st April) Unles5 4 Kffj¢x$$K)n h88 betsn a￿ted with the Trustee thete￿ ttr 31st J8nu8ry 2025 appl Notethat the scheme's FYe*icu$ valudon w8S ¢8rrlgJ tyjtwith an effKtive dato of 30th S¢pt*mL*r2017. ThLs Y￿U210n shJw&1 as8els of £794.*n, liabl1￿￿$ of £926.4m and a defiul of £131.5rn. To elimlfftato th15 fvNllrvJ $lM)rtfal, th&TNst86 has asked ble participatlng Èffwloyers to addth.onal contributions to the Scheme 4$ folknvs: D•llclt contrJbutlan8 Frcrfn 1stApril 2019 to 30th Sept￿￿•r 2025.. £11,243.OOD per amum (payalAo ItKrnaslrvJ by 3% èath on 1st Aprll Tha recovery Flan c4n1rii￿￿g￿s ar¢ all￿91¢d to aach paiticipaung employer In Ilro wlh Ih$irestimated slwrer*i Sarle8 1 and S6rleB 2 8clvno Ilabllllio&. ih¢ $C￿me18 kn deficft and where company has agrEed to 8 dèfictt fundlng arraTrJement tho company gni$e$ a Ilabllity l¢r th18 obllgallon. The amount recognis*1 is the nEt present value of th8 defidl r8dl￿tion contr1t￿1￿)n5 payaile undèr the agreement that relates to Ihe deficit. The PTesent valutr 1$ calculated uslng the diseojrt rate de￿￿d in the%e disilosures. The un￿ndIng of th8 dixounl rate is re(wnised a5 ¥ fm¥rK* Gost. Pr•Mni Valu•s Of p￿￿$10n* 3181 March 2024 318t March 2023 31st Mt¥ch 2022 Prèssnt Val￿ cl yovl$v)n 27,880 4,424 1S AGE CYMRU GWYNEDD A MON NDtss To Tho Accounts For Tho YBar End•d 31*t Mar¢h 2024 R•conctllatlon 01 Oixrfno And Closlng Provlslons od Endlng 31¥t March 2024 31st MwGh 2W23 ProvlsloTr at start tsf p8rlcK1 Lknwlnding of the diswunt faGtw li￿1t￿$t expense) Defiot wnlribution pa¥J RerDea5urernent5- itrwact of any ch8nge in assurnplion5 Rgrnfyasurement¥- amendments lo Ihe contribution schedule Pro¥lsloTh at end ol perknd 2.820 109 11,6121 4,424 83 11,6121 1 751 27,880 2.820 Income And Ex￿ndIture Impact Perfod Endlng 31&t Ma￿h 2024 Per￿d EndiThJ 315t MaTch 2023 Inleresl eynsè RernÈ8$uremént- impad of any change$ in a$$ympllons Rerneasurements. amendments lo the contribution schedule Ccnlribubons in respect of fubjre service Costs recognised In i[￿or￿ and eyndrtur8 account 1751 Assumptlons 31st March 2024 31st March 2023 31st M￿h 2022 % par annum % per annum % per annum Rate of dis¢ount 5.31 S￿2 The discount ratt5 shown above are the equivafenl single discouni r*$ which, whon u$Éd to dlst(xJnt th&lui￿re recovery plan contribution due. ￿￿Uld give the same resull 8$ usirrfJ full M ccrfpcKate bond yeld cuNe to (lsGwntth& s￿@ r8covery plen contsfjbuliNs. D•fi¢lt CoMrlbullc*n• The following schedule detail$ the d*knil ¢onlribution$ agreed beh¥een the company and Ihe sch8m8 al eath year eThY Year endlng Year Ending 31st Mar¢h 2024 31$1 March 2023 Year 1 Yéar 2 Year 3 Year 4 Year S Year 8 Y&ar 7 Y&ar 8 Y&8r 9 Ye•T 10 1,812 1,343