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← Age Well Hwyliog Mon

2021-03-31-accounts

Charity number: 1156241

Age Well Hwyliog UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/03/2021

Prepared By: M E Strom Limited CPAA 333-335 High Street Bangor Gwynedd LL57 1YA

Age Well Hwyliog

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2021

TRUSTEES

D Jones M Shepherd E Knight J Farrell

REGISTERED OFFICE

22-24 Church Street Llangefni Anglesey LL77 7DU

CHARITY NUMBER

1156241

ACCOUNTANTS

M E Strom Limited CPAA 333-335 High Street Bangor Gwynedd LL57 1YA

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Age Well Hwyliog

ACCOUNTS FOR THE YEAR ENDED 31/03/2021

CONTENTS

Page
Report of the Trustees 3
Independent Examiner's Statement 4
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Accounts 8 to 12
Detailed Statement of Financial Activities 11

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Age Well Hwyliog

TRUSTEES' REPORT

FOR THE YEAR ENDED 31/03/2021

The trustees present their report and accounts for the year ended 31/03/2021

REPORT OF THE CHAIR

The Chair is satisfied that the Charity has continued to meet its objects during the period.

OUR PURPOSE AND ACTIVITIES

The Charity's objects are to enable older people living on the Isle of Anglesey to live fuller lives, and benefit from a programme of educational, physical and social activities.

ACHIEVEMENTS AND PERFORMANCE

We run 2 centres, in Amlwch and Llangefni, on Anglesey, which are open 4 days a week, and which aim to provide our members with a caring, friendly enviroment, where they can participate in as many different, interesting and challenging activities as possible. These include prevention of falls classes, computer classes, Tai Chi classes, Line Dancing classes, Ballroom Dancing classes, local history classes and Welsh classes. We also run a Copper Choir, Copper Band, and Copper Belles cheerleaders.

We provide our members with hot food at a reasonable rate, ensuring that they have at least one hot meal a day, and company whenever they attend.

PLANS FOR FUTURE PERIODS

We are working closely with Anglesey Council to identify and support the 8,000 or so carers on the island.

FINANCIAL REVIEW

We are satisfied with the financial performance of the charity during the year under review.

RESERVES

The charity will ensure that sufficient reserves are available to continue provision for the forseeable future. In order to do so, it will explore all avenues of funding and take measures to cut costs.

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.

This report was approved by the Board of Trustees on 21/12/2021

D Jones Trustee

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Age Well Hwyliog

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/03/2021

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE WELL HWYLIOG

I report on the accounts of the company for the year ended 31/03/2021 .

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of CPAA .

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

BASIS OF INDEPENDENT EXAMINERS STATEMENT

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

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Age Well Hwyliog

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/03/2021

INDEPENDENT EXAMINERS STATEMENT

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

...................................................

Date:

M E Strom Limited CPAA 333-335 High Street Bangor Gwynedd LL57 1YA 0870 7771498

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Age Well Hwyliog

Consoldiated Statement of Financial Activities for the year ended 31/03/2021

Income
Income from generated funds
Donations and legacies
Other trading activities
Income from Investments
Income from charitable activities
Total Income and endowments
Expenses
Costs of generating funds
Expenditure on Raised funds
Expenditure on Charitable activities
Total Expenses
Net gains on investments
Net Income
Gains/(losses) on revaluation of fixed assests
Net movement in funds:
Net income for the year
Total funds brought forward
Net funds carried forward		 Unrestricted
funds
£
28,323
-
4
-
28,327
-
8,480
8,480
19,847
19,847
24,269
44,116		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-		 2021
Total
£
28,323
-
4
-
28,327
-
8,480
8,480
19,847
19,847
24,269
44,116		 2020
Total
£
6,452
1,095
3
14,624
22,174
3,589
6,050
9,639
12,535
12,535
11,734
24,269

This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

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Age Well Hwyliog

BALANCE SHEET AT 31/03/2021
Notes
FIXED ASSETS
Tangible assets
2
Investments
3
CURRENT ASSETS
Debtors (amounts falling due within one year)
4
1,141
Cash at bank and in hand
39,091
40,232
CREDITORS: Amounts falling due within one year
5
740
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CAPITAL AND RESERVES
Unrestricted funds
7
General fund		 2021
£
4,623
1
4,624
11,722
8,163
19,885
240
39,492
44,116
44,116
44,116		 2020
£
4,623
1
4,624
19,645
24,269
24,269
24,269

For the year ending 31/03/2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board of trustees on 21/12/2021 and signed on their behalf by

.............................

D Jones Trustee

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Age Well Hwyliog

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/03/2021

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended

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.

1d. Allocation And Apportionment Of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

1e. 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.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1f. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery Fixtures and Fittings

reducing balance 20% reducing balance 20%

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Age Well Hwyliog

1g. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

1h. Investments

Fixed asset investments are shown at cost less amounts written off. Provisions are made for permanent fluctuations in value.

2. TANGIBLE FIXED ASSETS

Cost
At 01/04/2020
At 31/03/2021
Depreciation
At 01/04/2020
At 31/03/2021
Net Book Amounts
At 31/03/2021
At 31/03/2020		 Plant and
Machinery
£
2,000
2,000
1,443
1,443
557
557		 Fixtures
and
Fittings
£
14,414
14,414
10,348
10,348
4,066
4,066		 Total
£
16,414
16,414
11,791
11,791
4,623
4,623

3. FINANCIAL ASSETS

Cost
At 01/04/2020
At 31/03/2021
Amortisation
Net Book Amounts
At 31/03/2021
At 31/03/2020		 Shares in
group
companies
and
participating
interests
£
1
1
1
1		 Total
£
1
1
1
1

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Age Well Hwyliog

4. DEBTORS
Amounts falling due within one year:
Other debtors		 2021
£
1,141
1,141		 2020
£
11,722
11,722

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021 2020
£ £
Bank loans and overdrafts 500 -
Other creditors 240 240
740 240

6. LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up. At 31/03/2021 there were 3 members.

7. UNRESTRICTED FUNDS

Brought
forward		 Incoming
resources		 Outgoing
resources		 Transfers Carried
forward
£ £ £ £ £
General fund 24,269 28,327 (8,480) - 44,116
24,269 28,327 (8,480) - 44,116

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Age Well Hwyliog

Incoming Resources
for the year ended 31/03/2021
Incoming resources
Incoming resources from generated funds
Donations, grants and legacies
Donations, legacies & grants
28,323
Fundraising Activity
Fundraising events
-
Age Well Charitable Activity
From Age Well activities
-		 2021
£
6,452
28,323
28,323
1,095
-
-
4
14,624
-
-
28,327		 2020
£
6,452
6,452
1,095
1,095
3
14,624
14,624
22,174

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Age Well Hwyliog

Expenses for the year ended 31/03/2021

Expenses
Costs of generating funds
Costs Of Generating Voluntary Income
Cost of fundraising events - food, newspapers etc.
Cost of fundraising events - tutors
Cost of fundraising events - art materials etc.
Charitable Activities
to enable older people living on the Isle of Anglesey to live fuller lives
and benefit from a programme of educational, physical and social
activities
Rent, rates & insurance
Repairs and renewals
Motor expenses
Accountancy fees
Printing
Stationery & office supplies
Telephone, postage & stationery
Internet & computer costs
Sundry expenses
Depreciation of plant, machinery & motor vehicles
Depreciation of fixtures, fittings & equipment		 2021
£
-
-
-
-
-
1,878
4,704
666
372
166
(114)
585
223
-
-
-
8,480
8,480		 2020
£
259
3,230
100
3,589
3,589
1,217
20
2,341
(84)
193
-
506
913
129
98
717
6,050
9,639

page 12