CHARITY REGISTRATION NUMBER: 1172561 Age Alive Unaudited Financial Statements 31 March 2024 WALTER HUNTER & CO LIMITED Chartered accountants 24 Bridge Street Newport South Wales NP20 4SF
Age Alive Flnancial Statements Y•ar ended 31 March 2024 Page Trustees, annual report Chartered accountant's report to Age Alive on Ihe unaudited financial information Statement of financial activities Statement of financial position Notes to the financial statements
Age Alive Trustees, Annual Report Year ended 31 March 2024 The ITuslees present their report and the unaudited finan¢ial statements ofthe charity forthe year ended 31 March 2024. Reference and odmlnlstravo dota115 Reglstergd charity name Age Alive Charlty registration number 1172561 Prfn¢ipal offlce 122 Woodside Duffryn Newport The tru$tees B Chohan M Laida R Smith J Khan C Okwagogu R Hamid R Grant Y Jathwa Accountsnts Walter Hunter & Co Limited Chartered accountants 24 Bridge Street Newport South Wales NP20 4SF Stru¢ture, governance and rnanagement Age Alive was first registered as a Charitable Incorporated Organisalion on 12 April 2017, as amended on 27 January 2020. St was established under an "Association" model conslitutson which sets out is objects and powers.
Age Alive Trustees. Annual Report (¢oniinued) Year ended 31 March 2024 Objectlves and ac15vities The Introduction of the Welsh Govemrnent Community First Initiative was lo combat povety and deprivation in Welsh communities. Its development transpired the working partnership between Church, Volunteer Sector, Local Government and people of those Communities, that were arguably of high deprivats'on, with Minority Ethnic people enjoying little or no benefrts. People over 50 years of age were greatly affected. Having made their contribution lo the econofflic wealth of our society, they were more likety to succumb lo some kind of disability. Their need for some form of recognition and fair representstion did not bring satisfying results. Age Alive was created lo address those shortfalls, in giving people the opportunity lo get their voices heard, more so those of ethnic minority communities. Age Alive's objective is lo develop the capacity and skills of members of BME Over 50s of the socialty di$advanlaged community of Newport and District in such a way that they are better able to identify and help to meet their needs.. In Creative Vvriling. Performing Art, story-telling, Choir singing, Handcraft, Walking, Swimming, Healthy eating, Exercise. enabling them to participate more fully in society-
Age Alive Trustses. Annual Report (contlnu¢dJ Year ended 31 March 2024 Achievements and performance The year 2023 began in an atmosphere of celebration, both personal and the group as a whole. The hair was awarded the BEM and the group was given notice of becoming a recipient of the St David's Awards for Wales. In the ten-year written documenlary"IT Will Never Work. and 'Silent V0es., Asian embers telling their stories were progressing well. Unfortunately, the warni hub project had to be Shelved due to the workload of interviewing sessions. However, people were too busy telling their stories and haring their experiences there wasn't a moment lost lo loneliness_ With the fast-approaching ending to the tsuenty, enty-three funding stream, in a matter of months, it was lime to look ahead and make plans for a new project that could meet the group's demands over the coming years. "Supporting Needs" was new idea that would have at its core a support worker created as a Ihree-year project. This would be a medium-sized gran thatwould maintain the position of a SUPF)Ort wother and the activities the group undertakes over the year. Thanks lo David Berry of GAVO who was a tremendous help in navigating the application and the guidance of Honey Hambley, the lottery community funding Officer in reaching a successful ¢onclusion. Age Alive can look ft)rward with pride knowing that they are lunded for anotherthree years and a support worker to tske lo maintain the technical aspe¢t of the organization. As the unfolding pages ol detein attitudes ignite the resolute spirits championing diversity reach out into the wider communities, discharging all traces of despondency hearts and minds come alive, eyes scanned the sceptical words, 'It Will Never Work.. Eighteen months of planning slipped by though the was the group is well and truty rooted. Their len-year celebration for the tenth of July enty enty- four articulates the kind of achievements that makes everyone proud. it was the kind of success that gives the most sceptic difficulty retracting their opinions. The group was created to allow everyone to get their voices heard, they believe in making changes and the group's achievement of twenty hventy-three is no reason to avoid progress changes. Plans for the next three years from tsventy-four lo enty-Seven would provide the funds for a Support Worker, and routine activities. like day trips, exercise, walkin9, workshops, and swimming sessions. There's no reason to think tWenty-enty-fourW0U1d beco another successful year ofgrowth. monetary, meeting the needs of a wider community and inspiring the interest of younger people. Sitting in the cinema seat I became transfixed by a screen displaying the words. Vmndrush 75, with me playing an important role makes me feel proud, and in some ways appears lo become my greatest achievement. WhaV8 been happenlng - Days out Day Trip lo Dudley Museum & Art Gallery in the Wesl Midlands. This modern museum told the story of Dudley land the wider Black Country) through time. at an insightful day oull Neath - Tree planting {Easl of Swansea) Tree was planted because as 75th Anniversary of Windrush of Wales. "GO laugh, lovely Caribbean buffel, music and dance, planting trees. Newport Rugby club trip 'Enjoyed the quiz, good experien to see the ground, and walktng to see the ground.
Age Alive Trustees. Annual Report fcontinu8dJ Year ended 31 March 2024 Penarth Windrush 2811012023 Organised by BAWSO 'We enjoyed watching the Vmndrush film, the speech from Wndrush elders was educational and food was greay, Monmouth Wndrush 2511012023 'Enjoyed singing as a group, the music, fashion show, food, sPeh was educational" Riverfront Windrush Nov 2023 'Food, music was greaL speech from Wndrush elders and locals was educational" Powys Castle (North Wales} 3010912023 'Garden was amazing place to see and was relaxing and it was educational tp. Coventy "Educational trip especialty visiting the coal mining museum, and leaming about minors, stories and difficulties in coal mine, history and heritage. 75th Cardiff Windrush celebiation 2610712023 "Was a relaxing day with cultural music and Caribbean food and enjoyed ir st Fagen's Cardiff Museum IIAtlndrush) Apr 2023 'We enioyeé an inspiring day of Windrush display. music, food and exhibition" Sl Fagen's for walk 1410712023 "It was rainy day bul we enjoyed Ihe walk and the meal. Lilo Restaurant Group Meal Dec 2023 °Enjoyed the meal and conversation, it was a good time to catch up for us" Contlnued A¢tlvlties -walk and Talk Choir singing Exercise se5sions.' Tai Chi, Aerobic & Exercise to Music Well-being sessions- Mindfulness, Nutritionist talks Daytrips - Support other groups Heamhy eating & Dietary presentations Health and Mental Awareness sessions
Age Allve Trustees. Annual Report IMniittu¢d) Year ended 31 March 2024 Flnancial revlew Avallability and adequacy of assets of ea¢h of the funds The board of trustees is satisfied that the charity's assets in respect of each restricted fund are avaiLqble and adequate to fulfil its obligations in respect of ea¢h fund. Transa¢tlons and flnan¢lal posltlon The Statement of Financial Activities show net outgoing resources for the year of an expenditure nature of £4.27S12023'. net incoming resources of £11,558). The reserves of the charity at the year-end were £18,337 12023.. £22,612) of which £11,537 (2023.. £21.511) were restricted and £6,80012023.. £1,101) were unrestricted. Plans for future periods Plans for the future... It Will Never Work . Ten Year Documentary., fvll-coloured book. A4 size, English & Welsh Silent Voices Booklets, extm¢t in, English, Welsh & Urdu. Also, published digitally on the roller banner. IT Training Farewell$. Age AINe is saddened by the loss of members,. Ellen Swaby. Llnda Phillips, Mervis Wilson, Mr. Raza, Jeana Carnegie & Iris Cave. Their mernories will remain fresh in our thoughts. Thank You... Age AINe is Ihankfijl to the funders for their sUPPQrt to help make people happy, whilst dNersty is fulty embrad. Check outthe new website... www.agealive.org.uk Get updated with the activities the charity is providing and plans for any engagements. Get in touch... Facebook.. AgeAliveNewport Email us.. info@agealive.org.uk Call us.. 01633 250849 Publlc Beneflt The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefft when reviewing the Charities aims and objectives and in pLqnning future aclivilies. The Iruslees. annual report was approved on 15 January 2025 and signed on behalf of the board of Iruslees by.. R Grant Tnjstee
Age Alive Chartered Accountsnvs Report to Age Alive on the Unaudlted Financial Information of Age Alive Year ended 31 March 2024 In accordance with the engagement letter dated 18 January 2021, we have prepared for your approval the tinancial information of Age AINe for the year ended 31 March 2024, which comprise the statement of financial activities, ststement of financial position and the related notes from the charity's accounting records and from information and explanations you have given us. A5 a practising member firm of the Institute of Chartered Accountants in England and Wales IICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.comlenlmemberslregulalions-standards-and-guidance. This report is made solely to the board of trustees of Age Alive, as a body. in accordance with the terms of our engagement letter dated 18 January 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Age Alive and slate those matters that we have agreed to slate lo you, as a body, in this report in accordance with ICAEW Technical Release TECH08116AAF as detailed at www.icaew.comlcompilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Age Alive and its l)oard of tfustees, as a body, for our work or ft)r this reporL You have approved the financial information for the year and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all informations and explanations necessary for its compilation. We have not verified the accuracy or completeness of the accounb'ng records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information. WALTER HUNTER & CO LIMITED Chartered accountants 24 Bridge Street Newport South Wales NP20 4SF 15 January 2025
Age Alive Statsrnent of Financial Activities Year ended 31 March 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Income and endowments Donations and legacies Charitable activities 2,589 2,589 8.887 1,084 36,674 37,758 8.887 Total income 2,589 8,887 11,476 Expenditure Expenditure on charitable activities Total expendlture 15,287 15,287 15,751 15,751 26.200 464 26.200 Net (expenditureyincome 2,125 16.4001 {4,2751 11,558 Transfers been fvnds 3.574 {3,574) Net movement in funds 5,699 19,974) {4,2751 11,558 Reconcillatlon of funds Total funds brought fOard Total funds carrled forward 1.101 21,511 11,537 22,612 18,337 11.054 22,612 6,800 The statement of financial activities includes all gain$ and losses recognised in the year. All income and expendrture derive from Continuing acts"vities. The notes on paggs 9 to 15 form part of these financial statements.
Age Alive Statsment of Financial Position 31 March 2024 2024 2023 Note Current a$sgts Debtors Cash at bank and in hand 12 111 31.798 101 36,516 36,617 31.909 Crgditors: amounts falllng due wfthln ono ygar Ngt current a8set8 13 13,572 18,337 18,337 18,337 14,005 22,612 22,612 22,612 Total assets less ¢urront liabilitigs Net assets Funds ofthe charity Reslricled funds unStricted funds 11,537 6.800 21.511 1,101 22,612 Total ¢h•rlty fvnds 14 18.337 These financial ststements were approved by the board of trustees and aulhorised for issue on 15 January 2025, and are signed on behalf of the board by.. R Grant Trustee The notes on pago$ 9 to 15 fomi part of these flnanclal Statemerrts.
Age Alive Notes to the FinanGial Statements Year ended 31 March 2024 General Information The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 100-1010 Commercial Street, Newport. NP20 1LU. Statement of compliance Thgse financial statements have been prepared in compliance wilh FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practi applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) Icharities SORP {FRS 10211 and the Charities Act 2011. Accountlng pollcles Basls of proparatlon The financial statements have bèen prepared on the historical cost basis, as modifièd by the revaluation of certain financial asset5 and liabilities and investment properties measured at fair value through income or expendrture. The financial statements are prepared in sterling, which is the functional Currency of the entity. Golng concern The charity is entirety dependent on continuing grant aid and as a consequence the going eoncern basis is a150 dependent on the continuing grant aid. However. at the time of signing these accounts there are no material uncertainties about the charity's ability to conhnue. Judgemonts and key sources of ostirnation uncertalnty The preparation of the financral statements requires management to make judgemeTrls, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed lo be reasonable under the circumstances. Fund accounting Unrestricted fvnds are available for use at the diSCretn of the trustees lo further any of the charity's purposes. Reslricled funds are subjected to restrictions on their expenditure declared ty the donor. Incoming resour¢o$ All income is included in the statement of ffinan¢lal activities when enlitlemenl has passed to th8 charity, it is probable that the economic benefits associated with the transaction will flow to the chanty and the amount can be reliably measured. Income from donations or grants is recognised when there is eviden of entitlement to the gi receipt is probable and its amount can be measured reliably.
Age Alive Notes to the Financial Statements (¢tsn*inu8dJ Year ended 31 March 2024 Accounting policigs (continu8d) Resources expended Expenditure is recognised on an acGruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered, and is dassIfd under heading5 of the statement of finan¢ial tivities lo which it relates.. expenditure on charitable activities includes all ¢osls incurred by a charity in undertaking activities that fvrther its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All eo$ts are allocated to expendtture categories reflecting the use of the resource. Direct costs attributable to a single aclivty are allocated directly to that activity. Shared costs are apportioned beeen the activities they contribute to on a reasonable, ju5tifTable and consistent basis. Donatlons and lega¢ies Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donatlons Members, contributions Other donations 2,341 248 2,341 248 926 158 926 158 2,589 2,589 1,084 1,084 Charltable actlvltles Restricted Total Funds Funds 2024 Restricted Tot81 Funds Funds 2023 Barchester Foundats'on NCC- Our Voice Our cho Our Port Awards for all- It Will Never Work Project Heritage Lottery Fund - It Will Never Work Project GAVOINCC - Wam Hub Grant Integrated Community Fund Race Equality First RCC GMF Awards Local Giving Older Peoples Fund 744 4,000 744 4,000 9.985 9,985 13.545 1,940 60 13,545 1,940 60 1,924 2,000 1,924 2,000 950 500 4,950 950 500 4.950 4,963 4.963 8,887 8,887 36,674 36,674 10
Age Alive Notes to the Financial Statements (contlnu¢d) Year ended 31 March 2024 Expendlture on charftable actlvltles by lund type Unrestricted Funds Restricted Totsl Funds Funds 2024 Awards for All Integrated Community Fund RCC GMF Local Giving - Leave it at the door project Older Peoples Fund Barchester Charitable Foundation Awards For All-11 Will Never Work Project Heritage Lottery Fund -11 Wll Never Work Project GAVOINCC - Wami Space Grant NCC- Ourvoice, Our Choice, Our Port RCC- Windrush Day Event Ra Equality First Support costs 1,705 1,705 2,000 2.000 310 310 6,433 95 6,433 95 471 3,979 15,287 471 4,443 15.751 464 Unrestricted Funds Restricted Total Funds Funds 2023 Awards for All Integrated Community Fund RCC GMF Loc81 Giving - Leave il at the door project Older Peoples Fund Barchesler Chafjtable Foundation Awards For All - It Will Never Work Project Heritage Lottery Fund - It Wll Never Work Project GAVOINCC - Warm spa Grant NCC- Our Vol. Our Choice, Our Port RCC - Windrush Day Event Race Equality First Support costs 1.802 60 1,494 500 1,802 60 1,494 500 450 9,785 1,723 22 900 450 450 9.785 1.723 22 goo 450 917 8,097 25,283 9,014 26,2CIJ 917 11
Age Alive Notes to the Financial Ststsments (conlinue Year ended 31 March 2024 Expenditurg on charitable activitlgs by activlty type Activities undertaken directly Support Total funds costs 2024 Total fund 2023 Core activities Awards for All Moondance Foundation Integrated Community Fund RCC GMF Local Giving - Leave il at Ihe door project Older Peoples Fund Barchester Charrtable Foundation Awards For All - It Wll Never Work Project Heritage Lottery Fund - It Wll Never Work Project GAVOINCC - Warm Space Grant NCC- Ourvoice, Our Choice, Our Port RCC - Windrush Day Event Local Giving 2022 Race Equality First 464 600 464 2,305 917 2,232 1,705 60 1,494 2,000 2.000 500 4,950 450 310 294 3,322 3,632 294 9,985 6,433 95 57 6,490 95 1,723 22 2,268 450 500 471 471 11.308 4,443 15,751 26,200 Analysis of support costs Analysis of Older support Peoples costs Fund activty 17 Total 2024 Total 2023 Core Awards For Activities Premises Communicats'ons and IT General office Govemance costs 1,315 1,315 4,775 465 135 684 713 1,149 1,369 902 2.023 464 57 610 610 1,314 9,014 600 3,322 57 4.443 Taxation The charity is considered lo pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK Corporation tax purposes. Accordingly. the charity is potentially exempt from taxation in respect of income or capital gains recewed within categories covered by Chapter 3 Part 11 ofthe Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusivety to Charitable purposes. 12
Age Alive Notes to the Financial Statements (condnued) Year ended 31 March 2024 10. Independgnt examination foes 2024 2023 Fees payable to the independent examiner for. Independent examination of the financial statements 1,260 11. Tru$tee remuneration and expenses No Femuneration or other benefits from employment with the charity or a related entity were received by the trustees and no trustee expenses have been incurred. 12. Debtors 2024 2023 Prepayments and accrued irwme 111 101 13. Credltors: amounts falllng due wlthln ono year 2024 2023 Accruals and deferred income Members. Savings Club creditor Grants re¢eived in advance 1,799 3,073 8.700 2,449 2.843 8,713 13,572 14.005 14. Anatysis of charitable funds Unrestricted funds At 31 March 20 24 At 1 April 2023 Income Expenditu Transfers General funds 1,101 2,589 {464) 3.574 6,800 At 31 March 20 23 At 1 April 2022 Income Expenditure Transfers General fvnds 934 1,084 {917) 1,101 13
Age Alive Notes to the Financial Statements (conthuedj Year ended 31 March 2024 14. Analysls of charitable funds (contlnued) Restrictod funds At 31 March 20 24 At 1 April 2023 In¢ome Expenditure Transfers Awards for All Integrated Community Fund {via GAVOI Moondance Foundation RCC GMF Local Giving - Leave il at the door project Older Peoples Fund Barchesler Charilab Foundation Awards For All - It Will Never Woik Project Heritage Lottery Fund - It Wll Never Work Project GAVOINCG- Warm Space Grant NCC- OurVoi¢e, Our Choice, Our Port RCC - Windrush Day Event Local Giving 2022 Race Equality First 3,903 12,305} 1,598 1,842 2,000 12,0001 11,8421 4,963 13,632) 1,331 294 1294) 11,822 16,4901 5,332 1,918 1951 1,823 1,732 {1,7321 1,924 8,887 1471) 115,2871 1,453 11,537 21.511 13.5741 At 31 March 20 23 At 1 April 2022 Income Expenditure Transfers Awards for All Integrated Community Fund (via GAVOI Mwndance Foundation RCC GMF Local Giving - Leave il al the door project Older Peoples Fund 6,135 12.232} 3,903 60 160} 16491 11,4941 649 2.836 500 1,842 soo {500) 14.950) 4,950 14
Age Alive Notes to the Financial Statements (conflnuedj Year ended 31 March 2024 14. Analysis of ¢h•ritable funds (contsnued) Barchesler Charitable Foundation Awards For All - It Will Never Work Projecl Heritage Lottery Fund - It Wll Never Work Project GAVOINCC - Wami Space Grant NCC- Our Voice, Our Choice. Our Port RCC - Windrush Day Event Local Giving 2022 Race Equality First 744 (4501 294 9,985 (9,9851 13,545 (1,723) 11,822 1,940 {22) 1,918 4.000 12,2681 1.732 450 soo 14501 15001 10,120 36,674 (25.2831 21,511 15. Anatysls of net assets between fund8 Unrestricted Funds Restricted Total Funds Funds 2024 Current assets Creditors $S than 1 year Net assgts 9.873 13,0731 6,800 22.036 110,4991 11,537 31.909 113.572) 18,337 unstrICted Funds Restricted Totsl Funds Funds 2023 Current assets CdItorS less than 1 year Ngt assots 3,944 {2,843} 1,101 32,673 111,1621 21.511 36.617 (14.0051 22.612 15