REGISTERED COMPANY NUMBER: 08018086 (Wales) REGISTERED CHARITY NUMBER: 1148804
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021
FOR
ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED (A COMPANY LIMITED BY GUARANTEE)
ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Statement of Financial Position | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 13 |
| Detailed Statement of Financial Activities | 14 |
ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2021
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 30 April 2021. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Asbestos Awareness & Support Cymru (AASC) was established in Wales to provide a network of help and support to victims of asbestos related diseases and their families. As well as offering one to one and group support it also acts as a signposting service to guide victims of asbestos disease and their families to the help they need from health, social care and legal professionals in the statutory, voluntary and private sectors to ensure that they are aware of the best assistance available within Wales. The principal activity of the Charity is to enhance the quality of life for those living with asbestos related diseases in Wales.
Achievements and performance
The Impact of the Covid -19 pandemic, prevented face to face meetings but led to an increase in the number of telephone calls to clients and the introduction of virtual online support groups. We have increased our reach across Wales and thus have helped to reduce the feelings of social isolation during an unprecedented scary time.
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Facilitated online asbestos support group meetings
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Ensured appropriate benefit advice given to those diagnosed with asbestos related illnesses
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Enabled those who may need financial compensation for exposure to asbestos in the work place were given the opportunity to explore that route with specialist legal firms.
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Provided support to those bereaved through asbestos
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Distributed online newsletters.
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Provided regular updates through social media channels.
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Organised online awareness event which raised the profile of the present dangers of asbestos in the community of Wales.
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Facilitated cross sectoral meeting of professionals and patients.
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Encouraged the sharing of personal experiences
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We circulated information leaflets for the public.
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We circulated information packs for health professionals.
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We increased participation in national groups through online meetings.
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Increased one to one telephone calls to provide support and improve the mental health well being of patients and carers
FINANCIAL REVIEW
Principal funding sources
The principal source of income in the year was charitable donations. At the balance sheet date the charity had a fund of unrestricted reserves of £22,651 (2020: £16,504)
Reserves policy
In common with many small charities the reserves are not at the level the trustees would wish. However, during the year the unrestricted reserves rose to a point where they could cover management, administration and support costs for approximately one year to help ensure that the Charity can maintain at least a somewhat restricted service.
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2021
FUTURE PLANS
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To formulate work plan to take into account steadily reducing income.
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To identify new sources of income.
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To further actively advertise the service offered by Asbestos Awareness & Support Cymru
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To work closely with health specialists and other professionals to plan action around Mesothelioma Day by capitalising on social media..
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To further enhance support offered to those in unpaid caring roles for Mesothelioma patients
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To promote online giving.
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To enhance social media presence.
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.
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the company. Under the requirements of the Memorandum and Articles of Association the directors are required to retire by rotation. Appointment of directors is by the charity in general meeting or by the directors.
Organisational structure
The Charity is governed by a board of Trustees with two part-time staff members being accountable to them. The Support Officer, Joanne Barnes-Munnings, operates the telephone support line for asbestos victims, and their families. She signposts to relevant helping agencies if necessary and provides regular ongoing support. The Manager, Lorna Johns, is responsible for strategic research, financial management, income generation, marketing, social media programme and company/charity secretarial support and general management of the charity. She also organises and facilitates the online virtual support groups, meetings and events.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08018086 (Wales)
Registered Charity number
1148804
Registered office
Manteg Penslade Fishguard Pembrokeshire SA65 9PB
Trustees
S Baldwin Trustee Mrs R Williams Trustee Dr P T Thomas Consultant
Company Secretary
Miss E L Johns
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
C W F Marshall Fellow, Institute of Financial Accountants William Marshall & Co Incorporated Financial Accountants Park View House Ropewalk Fishguard Pembrokeshire SA65 9BT
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 4 October 2021 and signed on its behalf by:
Miss E L Johns - Secretary
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
Independent examiner's report to the trustees of Asbestos Awareness & Support Cymru Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
C W F Marshall Fellow, Institute of Financial Accountants William Marshall & Co Incorporated Financial Accountants Park View House Ropewalk Fishguard Pembrokeshire SA65 9BT
4 October 2021
Page 4
ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2021
| 2021 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 26,008 EXPENDITURE ON Charitable activities 3 Asbestos Awareness & Support Cymru 19,862 NET INCOME 6,146 RECONCILIATION OF FUNDS Total funds brought forward 16,505 TOTAL FUNDS CARRIED FORWARD 22,651 |
2020 Total funds £ 23,260 21,587 |
|---|---|
| 1,673 14,832 |
|
| 16,505 |
The notes form part of these financial statements
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
STATEMENT OF FINANCIAL POSITION 30 APRIL 2021
| 2021 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 10 873 CURRENT ASSETS Debtors 11 1,376 Cash at bank 21,624 23,000 CREDITORS Amounts falling due within one year 12 (1,222) NET CURRENT ASSETS 21,778 TOTAL ASSETS LESS CURRENT LIABILITIES 22,651 NET ASSETS 22,651 FUNDS 13 Unrestricted funds 22,651 TOTAL FUNDS 22,651 |
2020 Total funds £ 913 1,289 15,681 16,970 (1,378) 15,592 16,505 16,505 16,505 16,505 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
STATEMENT OF FINANCIAL POSITION - continued 30 APRIL 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 4 October 2021 and were signed on its behalf by:
R Williams - Trustee
P T Thomas - Trustee
S Baldwin - Trustee
The notes form part of these financial statements
Page 7
ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021
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.
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.
Office equipment - 33% 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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.
continued...
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021
2. DONATIONS AND LEGACIES
| Donations 3. CHARITABLE ACTIVITIES COSTS Asbestos Awareness & Support Cymru 4. SUPPORT COSTS Management £ Asbestos Awareness & Support Cymru 4,449 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2021 £ 26,008 Support Direct costs (see Costs note 4) £ £ 13,646 6,216 Governance Other costs £ £ 201 1,566 2021 £ 201 |
2020 £ 23,260 |
|---|---|---|
| Totals £ 19,862 |
||
| Totals £ 6,216 2020 £ - |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2021 nor for the year ended 30 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2021 nor for the year ended 30 April 2020.
7. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Part-time |
2021 £ 14,950 113 15,063 2021 2 |
2020 £ 14,946 121 |
|---|---|---|
| 15,067 | ||
| 2020 2 |
continued...
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021
7. STAFF COSTS - continued
No employees received emoluments in excess of £60,000.
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||
|---|---|---|
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 23,260 | |
| EXPENDITURE ON | ||
| Charitable activities | ||
| Asbestos Awareness & Support Cymru | 21,587 | |
| NET INCOME | 1,673 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 14,832 | |
| TOTAL FUNDS CARRIED FORWARD | 16,505 | |
| 9. | INTANGIBLE FIXED ASSETS | |
| Computer | ||
| software | ||
| £ | ||
| COST | ||
| At 1 May 2020 and 30 April 2021 | 745 | |
| AMORTISATION | ||
| At 1 May 2020 and 30 April 2021 | 745 | |
| NET BOOK VALUE | ||
| At 30 April 2021 | - | |
| At 30 April 2020 | - |
continued...
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021
10. TANGIBLE FIXED ASSETS
| 10. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Office | ||||
| equipment | ||||
| £ | ||||
| COST | ||||
| At 1 May 2020 | 2,146 | |||
| Additions | 161 | |||
| At 30 April 2021 | 2,307 | |||
| DEPRECIATION | ||||
| At 1 May 2020 | 1,233 | |||
| Charge for year | 201 | |||
| At 30 April 2021 | 1,434 | |||
| NET BOOK VALUE | ||||
| At 30 April 2021 | 873 | |||
| At 30 April 2020 | 913 | |||
| 11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Prepayments | 1,377 | 1,289 | ||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Other creditors | 1,222 | 1,378 | ||
| 13. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.5.20 | in funds | 30.4.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 16,505 | 6,146 | 22,651 | |
| TOTAL FUNDS | 16,505 | 6,146 | 22,651 |
continued...
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 26,008 | (19,862) | 6,146 |
| TOTAL FUNDS | 26,008 | (19,862) | 6,146 |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| At 1.5.19 | in funds | 30.4.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 14,832 | 1,673 | 16,505 |
| TOTAL FUNDS | 14,832 | 1,673 | 16,505 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 23,260 | (21,587) | 1,673 |
| TOTAL FUNDS | 23,260 | (21,587) | 1,673 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.5.19 | in funds | 30.4.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 14,832 | 7,819 | 22,651 |
| TOTAL FUNDS | 14,832 | 7,819 | 22,651 |
continued...
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2021
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 49,268 | (41,449) | 7,819 |
| TOTAL FUNDS | 49,268 | (41,449) | 7,819 |
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2021.
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ASBESTOS AWARENESS & SUPPORT CYMRU LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 26,008 | 23,260 |
| Total incoming resources | 26,008 | 23,260 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 13,450 | 13,446 |
| Travelling expenses | - | 262 |
| Support group costs | 100 | 265 |
| Events | - | 1,317 |
| Fund raising costs | 96 | 96 |
| 13,646 | 15,386 | |
| Support costs | ||
| Management | ||
| Wages | 1,500 | 1,500 |
| Pensions | 113 | 121 |
| Insurance | 451 | 451 |
| Telephone | 609 | 617 |
| Postage and stationery | 376 | 460 |
| Computer running costs | 24 | 194 |
| Licences and subscriptions | 1,376 | 1,304 |
| 4,449 | 4,647 | |
| Other | ||
| Depn of office equipment | 201 | - |
| Governance costs | ||
| Accountancy fees | 1,200 | 1,200 |
| Bookkeeping fees | 366 | 354 |
| 1,566 | 1,554 | |
| Total resources expended | 19,862 | 21,587 |
| Net income | 6,146 | 1,673 |
This page does not form part of the statutory financial statements
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