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
page 1
## **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|
page 2
**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
page 3
**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:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **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.
page 4
**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:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
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
page 5
## **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
page 6
## **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
page 7
**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%
page 8
**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|
page 9
## **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|
page 10
## **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_|
page 11
## **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