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|Contents||Page|
|---|---|---|
|Trustees'
report||2to 6|
|Statement ofTrustees'|Responsibilities||
|Auditor's
report||6to 10|
|Statement ofRnancial|actMties||
|Balance sheet||12|
|Cash Flow statement||13|
|Notes to the accounts||14to 23|
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|Reference and administrative|details ofthe chari|details ofthe chari|ty, its tr|ty, its tr|ustees and advbters|ustees and advbters|ustees and advbters||
|---|---|---|---|---|---|---|---|---|
|The trustees
during the flnandal|year and up to and||Including||the date the report was approved|||were:|
|Name||Position|||Dates||||
|Harvey Jones||Chair|||||||
|Karl Wilcox||Vice Chair|||||||
|Kate Curran||Treasurer|||||||
|David Harries|||||||||
|Alasdair
Kenwrlght|||||Resigned|November|2020||
|Robin Dale|||||Resigned|March 2021|||
|Jack Lambert|||||||||
|Allan Williams|||||||||
|Caroline Streak|||||||||
|Peter Loughran|||||||||
|Lois Reed|||||Appointed|November|2020||
|Vanessa Tyrwhitt-Walker|||||Appointed|March 2021|||
|Peter Hamilton|||||Appointed|September||2021|
|Chkrf Ofscer|||||||||
|Simon Wright|||||||||
|Charity number||1155813|||Registered|in England||and Wales|
|Registered
and prfncipal address||Bankers|||||||
|27 Pier Street||CAF Bank|||||||
|Aberystwyth||25 Kings||Hill Avenue|||||
|Ceredigion||Kings|Hill||||||
|SY232LN||West Mailing|||||||
|||Kent|||||||
|||ME19|4JQ||||||
|Auditor|||||||||
|Morgan
Griffiths LLP|||||||||
|Chartered
Accountants|||||||||
|Cross Chambers|||||||||
|Newtown|||||||||
|Powys|||||||||
|SY162NY|||||||||
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||||2021|2021|2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restrcted|Total|Total|
||||funds|funds|funds|funds|
||||E|F|E|E|
|Income from:|||||||
|DonaBons and legachrs||(2)|40,004||40,004|36,958|
|Donations - from Age Cymru|Sir Gar||204,631||204,831||
|Income from charitable
activities|||273,652|743,258|1,016,910|523,544|
|Income from other trading|tivlties||6,218||8,218|5,649|
|Other income||||||7,328|
|Investment
income|||1 872||1872|2075|
|Total Income|||528,377|743,258|1,269,635|575,554|
|Expenditure
on:|||||||
|Advice, InformaBon
&ancillary services||(s)|176,903|640,159|817,062|534,681|
|Total expenditure
Net gains/(losses)
on investments|||176,903
~1,271)|640,159
-|817,062
~1,271|~461|
|Net Income
/ (expenditure)
Transfers between funds|||348,203
12990|103,099
~72990|451,302|40,432|
|Net movement
in funds|||361,193|90,109|451,302|40,432|
|Fund balances brought forward|||412325|10575|422900|382468|
|Fund babmces carried forward|||773.518|100684|874202|422,900|
##
|Age Cymru
Dyfed
Balance sheet
||||||
|---|---|---|---|---|---|
|as at 31 March 2021||2021|2021|2021|2020|
|||Unrestricted|Restdcted
f|Total
f|Total
f|
|Fixed assets||||||
|Tangibh assets|(s)|16,259||16,259|3,198|
|Investments||7226||7226|8497|
|Total fixed assets||23,485||23,485|11,695|
|Current assets||||||
|Debtors|Is)|55,766|156,736|212,602|71,859|
|Cash at bank and in hand|m|751 858|-|751 858|398555|
|Total current assets||807,624|156,736|984,360|470,414|
|Current liabilities:||||||
|amounts
falling due within one year||||||
|Creditors and accruals|(01|57 591|58D52|113643|59209|
|Total current liabilitbrs||57,591|56,052|113,643|59,209|
|Net current assets I(liabilities)||750,033|100,684|850,717|411,205|
|Total assets less current liabilities||773,518|100,684|874,202|422,900|
|Net assets||773,518|100,684|874,202|422,900|
|Funds||||||
|Unrestricted
funds||773,518||773,518|412,325|
|Restricted funds|||10D084|10D884|10575|
|Total funds||773,518|100,684|874,202|422,900|
##
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||r.|5|
|Cash flows from operating
acUvNes:
Net cash provkled
by (used In) operating||activities|||387165
367165|70 Md
7055!|
|Cash flows from investing
activities:|||||||
|Dkddends
and Interest
Purchase oftangIble fixed assets|||||1,872
~15734|2,076
~3529|
|Net cash provided
by (used in) Investing||activides|||13862||
|Cash flows from financing
activities:|||||||
|Repayments
on borrowing|||||||
|Cash Inflows from new borrowing|||||||
|Net cash provided
by (used in) financing||actlvttkrs|||||
|Change
in cash and cash equivakmts
In|the|reporting|period||363,303|69,112|
|Cash and cash equivalents
at the beginning
ofthe reporting
period
0
h
d
9M
I I~M!6
dMlh
9M!M995M|||||398,555
751 858|329,443
3$!565|
|Recondllatlon
ofnet movement
in funds||to net cash flow|||2021||
|Net movement
in funds for the reporting|period (as per||||451,302||
|Adjustments
for.|||||||
|Depredsson
charges|||||2,673|1,412|
|Dividends
and interest|||||(1,872)|(2,075)|
|Revaluation
of investments|||||1,271|461|
|(Increase) / decrease
in debtors|||||(140,643)|(9,391)|
|Increase I(decrease) in creditors|||||54434|39727|
|Net cash provkled
by (used in) operating||actlviges|||387105|705M|
|Analysis ofcash and cash equivalents|||||2021|2020|
|Cash at bank and
in hand|||||751,858|398,555|
|Notice deposits (less than 30days)|||||||
|Total cash and cash equivalents|||||751 BM||
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|2|Income comprises:|Income comprises:||2021|2021|2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestdcted|Restricted|Total|Total|
|||||fundsf|funds
F|funds
F|funds
6|
||Donaffons and Legacies, incfuding
gift||aki|||||
||Donations,
Induding
gift aid|||8,152||8,152|10,882|
||Donations|- from Age Cymru Sir Gar||204,631||204,831||
||Legades||||||2,000|
||Grants - general funds|||33,102||33,102|24,076|
||income from charffabfe acfiiii'es|||||||
||Grants:|Advicelink||15,000||15,000||
|||Advocacy QM|||||6,165|
|||Age UK - Covld emergency|funds|32,398|26,821|59,219||
|||Age UK Pembs. development
fund|||||17,456|
|||Armed Forces Loneliness 8 Isolation|||8,165|6,165|2,039|
|||Cardigan
Town Council||2,000||2,000|2,000|
|||Carers' Support
Innovadon
Fund
Germs CC - 18A
Germs CC - Independent~|||8,997
59,071
8,217|8,997
59,071
8,217||
|||Germs CC - Covid support||11,000||11,000||
|||Ceredigion CC —Covld support||21,000||21,000||
|||Ceredlgion
CC - dementia|pilot||||15,000|
|||Ceredigion
Independent
Advocacy|||6,700|6,700||
|||Coronavlrus
Job Reten5on|Scheme||60,877|50,877|3,583|
|||CUSP|||1,000|1,000||
|||Digital Indusion|||15,000|15,000||
|||Rorence Nightingale
aid in|sickness||130|130||
|||Henry Smith Charity||||||
|||HOPE regkmal
support|||9,270|9,270||
|||Integrated
Care Fund|||67,743|57,743|54,998|
|||Intergeneratlonal
Dementia|project||||8,419|
|||Lady Grace James memorial
fund|||1,000|1,000|1,000|
|||Pembs CC - Enhancing
Pembrokeshi|||8,087|6,087||
|||Pembs. CC/Welsh
Government
- IBA|||31,795|31,795|21,941|
|||Santander - Think Digital|||50,740|50,740|7,866|
|||Tai Ceredigion|||||1,500|
|||Tesco - falls prevendon|||||4,000|
|||Tesco - volunteering'|||||4,000|
|||Third Sector Mental
Health|service||47,519|47,519||
|||Valuing Veterans|||||30,716|
|||Veterans Founda5on|||15,000|15,000||
|||Veterans should
not be forgotten|||18,450|18,450||
|||Welsh Government
i&A Ceredigion|||||7,350|
|||Welsh Government-
Befriending|||192,676|192,676||
|||West Wales Veterans Archive|||35,000|35,000||
|||crf||327,783|743,268|1,071,041|259,981|
##
|2|Income comprises (continued):|Income comprises (continued):|Income comprises (continued):||||2021||2021|2021|2021||2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestrhted|||Restricted|||Total||Total|
||||||||funds
8||funds
8||funds||fundsf|
||bf|||||327,783||743,258|||1,071,041||259,981|
||Byw Adref deaning servhes|||||151,389|||||151,389||249,241|
||Hosting fees||||||4,900||||4,900|||
||Tregaron
lunch club||||||||||||4,983|
||Nail cutting||||||||||||6,810|
||Falls prevention
dasses||||||||||||5,217|
||Age UK - Eon|||||34,215|||||34,215||33,170|
||Other smell grants||||||||||||1,100|
||Income fmm other trading activities||||||6,218||||6,218||5,649|
||Other income||||||||||||7,328|
||Investment
income||||||1 872||||1 872||2875|
|||||||526,377||743,258|||1,269,635||575,554|
|3|Staffcosts and numbers||||||||||2021||2020|
||||||||||||5|||
||Gross salaries||||||||||565,871||358,743|
||Social security costs||||||||||31,012||14,920|
||Emphyment
alhwance||||||||||(4,000)||(3,000)|
||Pensions||||||||||14,663||8,823|
||Terminathn
end redundancy|costs|||||||||11525|||
||||||||||||618,572||379,486|
||The average number ofemployees|||during the year was|||58:management||and||administration
2;|project staff||
||19;home support workers 37(2020:50:||||management|and administration|||2;|project staff 8;home support||||
||workers 40). There were no employees||||with emoluments
above|||880,000.||||||
||The key management
personnel||ofthe charity indude|||the trustees||and|Chief Officer (including|||former joint||
||Chief Officer). The total employee|||benefits ofthe key||management||personnel|||were k69,625 (prevhus||year.|
||EB7,431).|||||||||||||
||Defined contribution
penshn||scheme||||||||2021||2020|
||||||||||||8||8|
||Costs ofthe scheme to the|charity||for the|year||||||14,663||8,823|
||Amount ofany contrlbuthns|outstanding|||at the year end||||||1,801|||
##
||for the year en|ded|31|Iwarch 202|1|||||
|---|---|---|---|---|---|---|---|---|---|
|4|Restdcted funds|||Balance blf|Incoming
F|Outgoing
8|Transfers
f||Balance cff
E|
||Age UK Covld emergency||fund||26,821|22,553|(4,268)|||
||Armed Forces Loneliness||||6,165|4,227|||1,938|
||&isolation|||||||||
||Befdending
Ufe Unks|||(600)|192,676|185,798|(6,354)||(76)|
||Carers' Support innovagon||fund||8,997|1,500|||7,497|
||Csrmarthenshire
I&A||||59,071|48,276|||10,795|
||Carmarthenshire
Adult|IPA|||8,217|6,236|(830)||1,151|
||Ceredigion
Dementia|Pilot|||||(876)|||
||Ceredigion
IPA||||6,700|4,367|||2,333|
||Coronsvlrus JRS||||50,877|50,877||||
||CUSP||||1,000|1,000||||
||Digital Induskm||||15,000|5,085|||9,915|
||Enharctng
Pembrokeshire||||6,087|6,069||(18)||
||Florence Nightingale
aid||||130|130||||
||in sickness|||||||||
||Henry Smith Charity|||||35,000||||
||HOPE regional
support||||9,270|7,599|||1,671|
||Integrated
Care Fund||||57,743|57,743||||
||Lady Grace James||||1,000||||1,000|
||memorial
fund|||||||||
||Pembrokeshlre
i&A||||31,795|36,081|4,286|||
||Santander - Think Digital|||3,496|50,740|44,874|(4,166)||5,196|
||Third Sector mental
health||||47,519|18,804|(1,534)||27,181|
||Valuing Veterans|||7,679||6,122|(1,557)|||
||Veterans'
Foundagon||||15,000|3,629|||11,371|
||Veterans should
never||||18,450|10,780|||7,670|
||be forgotten|||||||||
||West Wales Veterans|Archive|||35 04N|24 516|2|322|12012|
|||||10,576|743,258|040,150|~42,|NN|100.084|
##
|4|Restricted Funds|||Incoming|Outgoing|||
|---|---|---|---|---|---|---|---|
||-comparative
movement||||E|||
||Advocacy QM|||6,155|6,155|||
||Age UK Pembs. development|||17,456|17,456|||
||fund|||||||
||Armed
I orcus Loneliness|||2,039|2,039|||
||& lsoladon|||||||
||Cardigan
Town Council||(3,396)|2,000|2,094|3,490||
||Ceredigion
CC - core funding||447|||(447)||
||Ceredigion
CC - Dementia|Pilot||15,000|15,000|||
||Coronavirus
JRS|||3,583||(3,583)||
||Henry Smith Charity|||35,000|35,043|43||
||HOPE regional
support|||||||
||Integrated
Care Fund||13,745||68,743|||
||Intergeneratlonal
Dementia|||8,419|8,419|||
||prolect|||||||
||Ladv Grace James|||||||
||memorial
fund|||||||
||Leach Charitable
Trust||1,000||1,000|||
||Santander - Think Digital|||7,866|4,370||3,496|
||Tai Ceredigion|||1,500||(1,500)||
||Tesco - falls prevention|||4,000|4,039|||
||Tesco - Volunteering|||4,000|2,066|(1,934)||
||Valuing Veterans|||30,716||(653)|7,679|
||Welsh Govemment-||||||(600)|
||Befriendlng
Ufe Links|||||||
||Welsh Government
i&A||9,390|7,350|16,794|||
||Ceredlglon|||||||
||Welsh Government/Pembs|CC|1,551|21,941|24,395|||
||- l&A Pembrokeshlre|||||||
||WWCP - dementia
action plan||13ON
33,029|223,323|133N
241.888|~3,58S|13,525|
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|Costs ofCharitable||a|ctivNe|s and|services||||
|---|---|---|---|---|---|---|---|---|
||||||2021|2021|2021|2020|
||||||Unrestdcted|Restdcted|Total|Total|
||||||funds
5|funds|fundsf|funds|
|Staffcosts, induding||NIC &Pension|||152,118|466,454|618,572|379,488|
|Staff travel and training|||||8,828|3,726|10,554|17,386|
|Volunteer expenses|||||63|221|284|1,372|
|Project equipment,|materials|||and|||||
|other costs||||||9,195|9,195|31,998|
|Room hire||||||||1,948|
|Rent and water|||||105|27,328|27,433|17,294|
|Heat and light|||||29|7,449|7,478|3,245|
|Insurance|||||22|4,885|4,907|4,832|
|Telephone|||||3,704|7,955|11,659|3,271|
|Printing,
postage and||stationery|||1,491|2,667|4,158|4,431|
|Computer
and softwam|||costs||7,010|30,781|37,791||
|PRand adverBsing|||||95|3,671|3,766||
|Other office costs|||||47|4,981|5,028|1,833|
|Repairs, maintenance|||and||||||
|leasing costs|||||3|18,527|16,530|8,119|
|Audit|||||13|2,787|2,800|2,100|
|Accountancy
and Finance support|||||63|13,464|13,527|3,216|
|Professional fees|||||1,489|37,525|39,014|49,428|
|Bank charges|||||1,020|403|1,423|1,840|
|Bad debts|||||14||14|1,094|
|Sundry expenditure|||||116|140|256|356|
|Depreciation|||||2673||2873|1412|
|Total expenditure|||||176,903|640,159|817,062|534,661|
##
||for the year en|for the year en|ded|31March 2021|||
|---|---|---|---|---|---|---|
|6|Tangible assets
Cost||||Equipment
f|Totalf|
||At 1 April 2020||||19,361|19,361|
||Addlgons||||15734|15734|
||At 31 March 2021||||||
||Dggmlatlgg||||||
||At 1 April 2020
Charge for year||||16,163
~673|16,163
2673|
||At 31 March 2021||||18,836|18,836|
||MN~gglLvvlgg||||||
||At 31 March 2021||||16,259|16,259|
||At 31 March 2020|||||3,198|
||Fixed Asset Investment||||||
||UK Investments|held as fixed assets were as follows:|||||
||||||2021f|2020f|
||Market value at 1 April||||8,497|8,958|
||Net unrealised|investment||gain/(loss)|-1 271|-461|
||Market value at 31 March||||7228|8497|
||On 24September 2002, the charity received a legacy of661 ordinary shares of25p each in||||||
||GlaxoSmlthKline|pic.|||||
|7|Debtors and prepayments||||2021
f|2020|
||Debtors
Prepayments||||199,663
~13M|62,161
9698|
||||||212,502|71,859|
|8|Cash at bank and in||hand||2021|2020f|
||CAF Bank||||579,703|285,569|
||Bardays Bank||||2,448|2,568|
||Monmouthshire|Building Society|||84,561|23,362|
||Cambridge
and|Counties Bank||||86,524|
||Petty Cash||||123|532|
||Cash in Hand||||23||
||||||751,858||
|9|Creditors and|accruals|||2021f|f|
||Creditors||||24,547|12,235|
||Accruals and deferred||income||75,473|46,974|
||PAVE control||||11,822||
||Penskm
control||||1 861||
||||||113,643|59,209|
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