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|Contents||Page|
|---|---|---|
|Trustees'
report||2to 6|
|Statement
of Trustees'|Responsibilities||
|Auditor's
report||8to 10|
|Statement
of financial|activities||
|Balance sheet|||
|Cash Flow statement||13|
|Notes to the accounts||14to 24|
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|for the year|ended|31 March|2022|||||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|||||2022|2022|2022|2021|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||||9|9|6|
|Income from:||||||||
|Donabons
and legaoes||||18,165||18,165|40,004|
|Donations
-from Age Cymru Sir Oar|||||||204,631|
|Income from charitable
acbvtbes||||255,401|755,772|1,011,173|1,016,910|
|Income from other|trading|activities||6,899||6,899|6,218|
|Other income||||152||152||
|Investment
income||||1,689||1 689|I 872|
|Total income||||282305|755772|1,038078|1,269635|
|Expenditure
on:||||||||
|Advice, information|& ancillary services|||245 839|777100|I 022 939|~17,062|
|Total expenditure||||245,839|777,100|1,022,939|817,062|
|Net gains/(losses)|on investments|||2,015||2,015|(1,271)|
|Net Income
/ (expenditure)||||38,482|(21,328)|17,154|451,302|
|Transfers between funds||||~44664477|4.847|||
|Net movement
In|funds|||33,635|(16,481)|17,154|451,302|
|Fund balances brought forward||||773518|100684|574 202|422,9110|
|Fund balances cerned forward||||807,153|84,203|891,356|874,202|
|Age Cymru
Dyfed|Age Cymru
Dyfed||||||
|---|---|---|---|---|---|---|
|Balance sheet|||||||
|as at 31 i)larch|2022||2022|2022|2022|2021|
||||Unrestncted|Restncted|Total|Total|
||||f|f|f|f|
|Fixed assets|||||||
|Tangible assets||(c)|20.997||20,997|16,259|
|Investments||(r)|9,241||9241|7229|
|Total 4xed assets|||||30,238|23,485|
|Current assets|||||||
|Debtors||(8)|54,728|129,158|183886|212,502|
|Current asset investments
Cash at bank and in hand||(vl|425,000
349142|~43,790|425,000
305352|751,858|
|Total current assets|||828,870|85,368|914,238|964,360|
|Current liabilities:|||||||
|amounts
falling due|within one year||||||
|Creditors end eccruels||(11)|51,955|1,165|53,120|113,643|
|Total current liabilities|||51,955|1,165|53,120|113,643|
|Net current assets I (Habitities)|||776,915|84,203|861,118|850,717|
|Total assets less current liabilities|||807,153|84,203|891,356|874,202|
|Net assets|||807,153|84,203|891,356|874,202|
|Funds|||||||
|Unreetric(ed
funde|||||||
|General unreetricted|funde||564,353||564,353|593,518|
|Designated
funds|||242 900||242,800|180,000|
|Unrestncted
funds|||807,153||807,153|773,518|
|Restricted funds||||S4 203|S4 203|IIXI054|
|Total funds|||807,153|84,203|891,356|874,202|
##
|for the year ended 31 March|for the year ended 31 March|2022|||||
|---|---|---|---|---|---|---|
|Cash flows from operating
activities:
Net cash provided
by (used in) operating||activities|||2022f
~73.632
~73632|2021
367,165
367,165|
|Cash flows from Investing
activities:|||||||
|Dividends
and interest
Purchase
oftangible fixed assets
Net cash provided
by (used In) investing||activities|||1,689
~8563
~7874|1,872
~15,734
~73862|
|Cash flows from flnandng
activities:|||||||
|Repayments
on borrowing|||||||
|Cash inflows from new borrowing|||||||
|Net cash provided
by (used In) financing||activities|||||
|Change
in cash and cash equivalents
in|the|reporting|period||(21,506)|353,303|
|Cash and cash equivalents
st the beginning||ofthe reporting||period|751,858|398,555|
|Cash and cash equivalents
at the end|of|the reporting||period|730,352|751,858|
|Reconciliation
ofnet movement
In funds||to net cash flow from|||2022|2021|
|Nei movement
in funds for the reponing
the statement
offinancial
activities)|penod (as per||||17,154|451,302|
|Adiustments
for|||||||
|Depreciation
charges|||||4,825|2,673|
|Dividends
and interest|||||(1,689)|(1,872)|
|Revaluation
ofinvestments|||||(2,015)|1,271|
|(Increase) Idecrease
in debtors
Increase I(decrease)
in creditors
Net cash provided
by (used In) operating||activities|||28,616
~60,523
~73 632|(140,643)
54,434
367 165|
|Analysis of cash snd cash equivalents|||||2022|2021|
||||||8|E|
|Cash at bank and in hand|||||730,352|751,858|
|Total cash and cash equivalents|||||730352|751,858|
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|2|Income comprises:|Income comprises:|Income comprises:||2022|2022|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restncted|Total|Total|
||||||funds|funds|funds|funds|
||||||f|E|F|8|
||Donations|and Legacies, mcluding
gitl||aid|||||
||Donations,||induding
gift aid||8,165||8,165|8,152|
||Donations||-from Age Cymru Sir Gar|||||204,631|
||Legacies|||||||500|
||Grants - general funds||||10,000||10,000|33,102|
||Income from charitable
activities||||||||
||Grants:||Advicelink
- Citizens Advice|||5,000|5,000|15,000|
||||Age Cymru - Strategic Volunteering|||1,006|1,006||
||||Age Cymru - Winter Pressures|||8,625|8,625||
||||Age Friendly
Communities|Digital||1,500|1,500||
||||Age UK - Demenba
MCST|protect||20,281|20,281||
||||Armed Forces Covenant
Trust|||623|623||
||||Cardigan
Town Council|||2,000|2,000|2,000|
||||Caring Communities
Innovation|||1,937|1,937||
||||Carms CC - Carers Admin.|Grant||5,400|5,400||
||||Carms CC Improvement
&Wellbeing|||25,000|25,000||
||||Carms CC —Digital Skills|||3,000|3,000||
||||Carms CC - i&A|||58,282|58,282|59,071|
||||Carms CC - Independent
Advocacy|||3,252|3,252|8,217|
||||CAVO - Project Digital Ceredigion|||15,000|15,000||
||||CAVS - promotional
support|||2,000|2,000||
||||CAVS - Winter Pressures|||2,000|2,000||
||||Ceredigion
CC - demenba|pilot||61,200|61,200|6o,ooo|
||||Ceredigion
Independent
Advocacy|||26,800|26,800|6,700|
||||CUSP|||1,000|1,000|1,000|
||||Digital Inclusion|||30,000|30,000|15,000|
||||Good Things Foundation|||3,000|3,000||
||||Henry Smith Chanty|||35,000|35,000|35,000|
||||Integrated
Care Fund|||57,744|57,744|57,743|
||||Pembs CC - Enhancing
Pembrokeshi|||23,112|23,112|6,087|
||||Pembs. CC - i&A|||31,795|31,795|31,795|
||||Santander
—Think Digital|||9,638|9,638|50,740|
||||Screwfix Foundation|||4,300|4,300||
||||Third Sector Mental
Health|service||63,421|63,421|47,519|
||||Wales Co-operative
Centre|||1,595|1,595||
||||WCVA - Volunteering
Wales|||20,000|20,000||
||||Welsh Government-
Befnending|||197,261|197,261|192,676|
||||West Wales Veterans Archive|||35,000|35,000|35,000|
||||Age UK —Covid emergency|funds||||59,219|
||||Armed Forces Loneliness|& Isolation||||6,165|
||||Carers' Support Innovabon|Fund||||8,997|
||||Carms CC - Covid support|||||11,000|
||||Ceredigion
CC —Covid support|||||21,000|
||||Coronavirus
Job Retenbon|Scheme||||50,877|
||||||18,165|755,772|779,937|1,027,191|
##
|2|Income|comprises (continued):|||||2022||2022|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestncted|||Restncted||Total|Total|
||||||||fundsf||funds|funds|funds|
|||||||18,165||755,772||773,937|1,027,191|
|||Florence Nightingale
aid in sickness|||||||||130|
|||HOPE regional
support|||||||||9,270|
|||Lady Grace James memonal||fund|||||||1,000|
|||Veterans
Foundation|||||||||15,000|
|||Veterans
should
not be|forgotten||||||||18,450|
|||Byw Adref cleaning services||||208,373||||208,373|151,389|
|||Hosting fees|||||7,400|||7,400|4,900|
|||Tregaron
lunch club|||||314|||314||
|||Age UK - benefits
& energy checks||||39,314||||39,314|34,215|
|||Income from other trading activities|||||6,899|||6,899|6,218|
|||Other income|||||152|||152||
|||Investment
income|||||I 889|||1889|1 872|
|||||||282,306||755,772||1,038,078|1,269,635|
|3|Staff costs and numbers|||||||||2022|2021|
|||||||||||f|f|
||Gross salanes|||||||||695,676|565,872|
||Social security costs|||||||||43,048|31,012|
||Employment
allowance|||||||||(4,000)|(4,000)|
||Pensions
Termmation
and redundancy
costs|||||||||18,874|14,663
1195|
|||||||||||753,598|618,572|
||The average number
of employees||dunng the year was||||62: management||and|administration
4,|protect staff|
||24; home support workers 34 (2021.58:|||management||and administration|||2; project staff 19;home support|||
||workers|37). There were no employees||with emoluments
above||||f60,000.||||
||The key|management
personnel
of the chanty|||indude|the trustees||and|Chief Officer (induding||former joint|
||Chief Officer). The total employee||benefits ofthe key|||management||personnel||were F59,960 (previous year:||
||f69,625).|||||||||||
||Defined|contribution
pension scheme||||||||2022|2021
f|
||Costs of|the scheme to the charity|for the year|||||||18,874|14,663|
||Amount|of any contributions
outstanding||at the|year end|||||2,226|1,801|
##
||for the year ended|31|March 202|2||||
|---|---|---|---|---|---|---|---|
|4|Restricted funds||Balance b/f|Incoming|Outgoing|Transfers|Balance cff|
||||6||6|f|6|
||Age Friendly Comm. digital|||1,500|||1,5DD|
||Armed Forces - booklets|||623|623|||
||Armed Forces Loneliness|||||||
||& Isolation||1,938||1,938|||
||Befriending
Life Links||(76)|197,261|191,895|(5,290)||
||Cardigan
Town Council|||2,000|2,000|||
||Carers' grant admin. Project|||5,400|3,453||1,947|
||Carers Home Improvement|||||||
||and Wellbeing|||25,000|10,488||14,512|
||Carers' Support
innovation|fund|7,497||7,782|||
||Canng Communities-
innovation|||1,937|1,937|||
||Caimarthenshire
l&A||10,795|58,282|65,399|(839)|2,839|
||Carmarthenshire
Adult IPA||1,151|3,252|4,403|||
||CAVS - promotional
support|||2,000|2,000|||
||CAVS - Winter Pressures|||2,000|2,000|||
||Ceredigion
Dementia
Pilot||230|61,200|61,541|||
||Ceredigion
IPA||2,333|26,800|23,153||5,980|
||Cibzens Advice Ceredigion|||5,000|5,000|||
||CUSP|||1,000|1,000|||
||Digital Indusion||9,915|30,000|38,880|9,174|10,209|
||Digital Skills direct payments|||3,000|728||2,272|
||Enhancing
Pembrokeshire|||23,112|23,377|||
||Henry Smith Charity|||35,000|35,000|||
||HOPE regional
support||1,671||1,671|||
||Integrated
Care Fund|||57,744|58.232|||
||Lady Grace James||1,DDD||1,000|||
||memorial
fund|||||||
||MCST|||20,281|20,171||110|
||Nobody
in the Dark|||3,000||(2,367)||
||Pembrokeshtre
i&A|||31,795|42,311|10,516||
||Project Digital Ceredigion|||15,000|337||14,663|
||Santander
-Think Digital||5,196|9,638|8,027|(6,807)||
||Screwfix Foundabon|||4,300|2,416|(783)|1,101|
||Social Care winter pressures|||8,625|8,625|||
||Strategic Voiunteenng
Grant|||1,006|||1,006|
||Third Sector mental
health||27,181|63,421|76,807||13,795|
||Veterans'
Foundation||11,371||11,391|20||
||Veterans
should never||7,670||7,670|||
||be forgotten|||||||
||Volunteering
Wales|||20,000|20,074|74||
||Wales Co-operative
Centre|||1,595|||1,595|
||West Wales Veterans
Archive||12,812||35,138||12,674|
|||||755,772|777,100|4,847|84,203|
##
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##
|||||2022|2022|2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||6|6||6|
|Wages costs, Incl.|NIC|& Pension||189,690|563,908|753,598|618,572|
|Staff travel and training||||7,904|4,509|12,413|10,554|
|Other staff costs||||411|2,100|2,511||
|Volunteer expenses||||514|605|1,119||
|Project equipment,|materials||snd|||||
|other costs||||6,820|43,635|50,455|9,195|
|Rent and water||||4,300|31,120|35,420|27,433|
|Heat and light||||1,132|7,704|8,836|7,478|
|Insurance||||1,001|5,126|6,127|4,907|
|Telephone||||7,472|15,804|23,276|11,659|
|Prinbng,
postage and stationery||||1,803|5,232|7,035|4,158|
|Computer
and software||costs||8,424|4,695|13,119|37,791|
|PR and advertising||||160|10,801|10,961|3,766|
|Other office casts||||800|4,823|5,623|5,028|
|Repairs, maintenance||and||||||
|leasing costs||||2,694|15,780|18,474|16,530|
|Audit||||510|2,610|3,120|2,800|
|Accountancy
and Finance support||||2,831|14,485|17,316|13,527|
|Professional fees||||4,592|38,606|43,198|39,014|
|Bank charges||||1,511|624|2,135|1,423|
|Investment
management
fess||||133|681|814||
|Bad debts||||2,300||2,300|14|
|Sundry expenditure||||48|216|264|256|
|Depreciahon||||789|4,036|4,825|2 673|
|Total expenditure||||245,839|777,100|1,022,939|817,062|
##
||for the year|ended 31 March 20|22|||
|---|---|---|---|---|---|
|6|Tangible assets|||Equipment|Total|
|||||f||
||At 1 Apnl 2021|||35,095|35,095|
||Additions|||6 563|9563|
||At 31 March 2022|||44,658|44,658|
||~D|||||
||At 1 April 2021|||18,836|18,836|
||Charge for year|||4,825|4 825|
||At 31 March 2022|||23,661|23,661|
||Net book value|||||
||At 31 March 2022|||20,997|20,997|
||At 31 March 2021|||16,259|16,259|
||||||0.09|
|7|Fixed assets Invsstmants||2022|2022|2021|
||||Listed|Total|Total|
||||iilvestilleilts|||
||||f|f|f|
||Balance b/f
Gain
/ (loss) on revaluation||7,226
2 015|7,226
2 015|8,497
~1,271|
||Total||9,241|9,241|7,226|
|8|Debtors and prepayments|||2022f|2021|
||Debtors|||49,619|44,184|
||Prep aym ants|||14,670|12,839|
||Accrued income|||102,104|145,126|
||Other debtors|||17493|10353|
|||||163,886|212,502|
|9|Current asset investments|||2022f|2021f|
||Cash equivalents|on deposit||425 DM||
|||||425,000||
|10|Cash at bank and in hand|||2022f|2021
f|
||Cash at bank|||305,210|751,712|
||Cash m hand|||142|146|
|||||305,352|751,858|
##
##
||for the|year ended 3|year ended 3|1 March 2|022|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|11|Creditors|and accruals|||||||||||2022||2021|
||||||||||||||f||F|
||Cledltol's||||||||||||18,092||24,547|
||Accrusls||||||||||||22,472||22,253|
||Deferred|income|||||||||||||53,22D|
||Taxabon|and|social secunty||||||||||10,201||11,822|
||Other creditors||||||||||||2 366||1 801|
||||||||||||||53,120||113,643|
|12|Designated||funds|Balance b/f|Transfer
in||||Outgoing||||2022||2021|
|||||8||||||E|||E|||
||Planned|closure costs||110,000|||93,000||||||203,000||110,000|
||Service development|||70,000||||||30,200|||39,8DD||70,0DD|
|||||180,000|||93,000||||||242,800||180,000|
||Fund name|||Reason for|designation|||||||||||
||Planned|closure costs||to mitigate the nsks of unplanned|||||closure||or a|substanbal
reduction|||in|
|||||activities,
including||statutory||redundancy|||obligations,||building|lease||
|||||commitments|and|dilapidations.|||The|provision||was|increased|during|the year|
|||||with the continued||growth of||the|charity.|||||||
||Service development|||to enable the funding|||of service||development|||opportunrhes
idenhfied|||within|
|||||the strategic|business||plan. The||provision||wss revisited
snd reduced||||in the|
|||||year as a result of||amended||pnonties.||||||||
##
##
##
||No trustee received|sny remuneration|sny remuneration|or benefit during this or|or benefit during this or|or benefit during this or|the previous|the previous|year||
|---|---|---|---|---|---|---|---|---|---|---|
||Trustee
indemnity
insurance||wss induded||in the charity's|total|insurance|costs in both years and not|||
||separately
identified|.|||||||||
|14|Operating
leases||||||||||
||Expected future
minimum
lease payments||||over the remaining||life ofthe||2022|2021|
||lease, analysed
into|the penod
in which||the commitment||falls|due:||||
|||||||||||8|
||Within one year||||||||23,571|25,363|
||In the second to fifth|years|inclusive||||||30,418|22,931|
||Over five years from|the balance sheet||date|||||||
||||||||||53,989|48,294|
##
|||||2022|2021|2022|2021|2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Restricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|funds|funds|
||||||6|6|||f|
|Income||||||||||
|Donations
and legacies||||18,165|40,004|||18,165|40,004|
|Donations - from Age Cymru|||Sir Gar||204,631||||204,631|
|Income from charitable
activtbes||||255,401|273,652|755,772|743,258|1,011,173|1,016,910|
|Income from other|trading|activities||6,899|6,218|||6,899|6,218|
|Other income||||152||||152||
|Investment
income||||1,689|1 872|||1 689|1 872|
|Total Income||||282,306|526,377|755,772|743,258|1,038,078|1,269,635|
|Expenditure||||||||||
|Aduce, informabon|& ancillary||servic|245,839|176,903|777,100|640,159|1,022,939|817062|
|Total expenditure||||245,839|176,903|777,100|640,159|1,022,939|817,062|
|Net gains/(losses)|on investments|||2,015|(1,271)|||2,015|(1,271)|
|Net Income
/ (expenditure)
Transfers between funds||||38,482
~4847|348,203
12,990|(21,328)
4,847|103,099
~12Qts|17,154|451,302|
|Net movement
in|funds|||33,635|361,193|(16,481)|90,109|17,154|451,302|
|Fund balances brought forward||||773,518|412,325|100,684|10,575|874,202|422,900|
|Fund balances canted forward||||807,153|773,518|84,203|100,664|891,356|874,202|