LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIErY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 The TrUSt￿S of the Llandudno Elderly People's Welfare Sodety (LEPWS) charlty, who are also Dlrectors for the purp%es of the Companles Act 2006, present thelr report wlth the flnanclal statements of the charlty for the year ended 31 March 2025. The Trustees have adopted the provlsions of Accourting and Reportlng by Charities: Ststement of Recommended practi￿ appllcAible to charltles preparfng their accounts in aCCordar￿e with the Rnancial Reporting Stsndard applicable In the UK and Republlc of Ireland (FRS 102) (effectlve l January 2019). OBJEcfivES AND AcfivmES LEWPS mission is to promote the health and well-bdng of all elderly residents In the Communty of Uandudno by provldlng recreatlon and social acbvibes in p￿miseS which are both comfortable, safr and accesslble to all. LEPWS works towards the maxlmlsatlon of the Trlnlty Centre's revenue hire, and seeklng grant income, to fund and deliver projects for older people. LEPWS objecuves for the support of older people Indude: Ddivery of recreatlonal actlvltles and get-togethers. ProvidlTrJ a welcomlng hub for gathering and company. Provldlng a Spa￿ where Servi￿ and the communlty can ddiver soclal and welfrdre actlvltles. ACHIEVEMENTS AND PERFORMANCE LEPWS contlnues to delNer acdvltles for older people that provkle opportunltles for intergenerdtlonal and social partidpatlon, wellbeingi and Inforniatlon. Charltable activities ddivered Included: w￿klY blngo with averdge attendan￿ drca 50 Weekly whist tournaments wlth average attendan￿ arca 22 D Day 80th Anniversary Aftemoon Tea attendan￿ exceeded 80 Live muslcal events averaging attendan￿ over 80 Hot Lunches scheme ran from January to March, average attendan￿ 26 Trfnlty Onema monthly screenlngs for all ages wlth average attendan circa 40 Centre hire includes Tal Chi, Line Dandng, BCU Audiology Drop-lns, Parkinson's Support Groupi Zumba, Ballroom Dancing• BCU Dlabetes Support, Hlstorical Society, and more. LLANDUDt40 ELDERLY PEOPLE'S WELFARE SOCIErY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW LEPWS Is mlndful of fundlng dlfflcultles due to the absen￿ of financial and in- klnd support from the local authorlty, and the complexity of seeking and apptying for finanaal grants. The Board of Trustees are accountsble for the charivs finanaal undertakings. To make declslons, the Board receives adequats, timely and comprehensible Informatlon, Includlng actlon plans and rep)rts regarding cash flow, income and In line with its financial obligations the following tssks are oVer￿n by the Trustees and the Executive Offi￿rS. l) Fundlng 2) Risk analysis 3) Cash flow analysls 4) Expenditure 5) Bookkeeplng & record keeplng 6) Rewrting 7) Rnancial monitoring Fundlng - The Board of Trustees develop and approve a funding strategy with financial information received from the Executive Offi￿r5 and ensures that the scheme has sufficient funding to deliver its activities, this is reviewed at Board Meetings. Risk analysls - The Board of Trustees ensure that the scheme does not tske on any firkincial obligatlons that It canrK)t meet. Cash flow analysis - The Board of Trustees ensures that the LEPWS has enough money to pay all Its bllls and finandal obllgations on time and in full. Payment authorlsatlon and Purchase Ledger - The Executive offi￿rS are sponslble for day-tfrday financial operations. Uslng Natwest FreeAgent financlal software, they maintsin up-to-date records on income and expenditures and cary out regular reconclllatlons. InvOl￿S are authorlsed for payment by the Executlve Commlttee. A robust l)ooking system is in pla￿ Sin￿ April 2024 ensuring all Centre hire is invoiced accurately and payments are recelved In a tlmely fashlon. Bank Accounts & Reconclllation - Bank Statsments and all transactions are accessed online. Hardcopies of monthly bank statements and received invoices are filed. All income is paid Into the LEPWS bank account as soon as p)sslble, and all monies due to the scheme are Involced promptly. Any monies received in cash i.e. donations are Issued wlth a receipt and cash Income Is banked. A quarterly Proflt & Loss report is submitted to the Board of Trustees. LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIErY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal summary for the year - Income received totslled £36,759 Grant irmme for the year was £10,939. £5,248 was provlded to fund the purchase of dnema equipment which will be released over 10 years. Centre hlre occupancy monthly average Is 43% compared to 38% In 202312024. Averdge monthly venue hlre Income has increased from £2500 to £2700. Contracts for Centre Manager and Caretaker were not renewed. Caretsklng and management dutles are carried out by the Executlve offi￿r5 and volunteers. Totsl reserves carrfed fo￿rd totslled £58,114 whith included a bank balan of £11,474.61. The Trustee's belleve LEPWS can contlnue Its acbvities and Centre management for the year ahead. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document - The charity Is controlled by its governlng document, a deed of trus¢ and constltutes a limited company, limited by guarantee, as deflned by the Companles Act 2006. Recrultment and appolnknent of new trustees - LEPWS has elght trustees, and new appointments are made with the agreement of the exlstlng trustees. The trustees oversee the financial and strategic development of the charity. The day-to-day management is carrled out by the Executlve Officers made up of Chalr, Vlce-chair, Treasurer and Secretary, WI￿ also oversee any stsff and volunteers. Risk management - The trustees hold Board Meetlngs to Identify and revlew rlsks, and to ensure approprlate monitorlng Is in pla￿ to provlde reasonable assuran￿ against fraud and error. The ExeCu￿ve Officers provlde finandal and management reports. REFERENCE AND ADMINIsfRATIVE DETAILS Reglstered Company number 01793691 (England and Wales) Registered Charity number 514927 Registered offlce San Remo 13 Trinty Square, UandLKlno. CONWY LL30 2RB LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIErY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 Trustees/Directors Mr J M A PA)yle Mrs J R Jones Counclllor J Jones Councillor C Marubbl Mrs E O Williams Mrs A Thomas Mr S N Thomas (appointed 15.5.24) Mrs A Rodrigues (appolnted 25.3.25) Mrs B Cotton (appointed 25.3.25) Mr M Millership (reslgned 31.8.24) Independent Examlner Williams Denton Cyf Chartered Certlfled Accountsnts Glaslyn Ffordd y Parc, Parc Menal, Bangor, Gwynedd LL57 4FE Approved by order of the board of trustees on 29 September 2025 and slgned on Its behalf by: 1316 ZS Miss C Marubbi - Trustee/Dlrector and Chalrperson **REGISTERED COMPANY NUMBER: 01793691 (England and Wales) REGISTERED CHARITY NUMBER: 514927** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2025** ## **FOR** ## **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Balance Sheet**|7|to|8| |**Notes to the Financial Statements**|9|to|14| |**Detailed Statement of Financial Activities**|15|to|16| **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Llandudno Elderly People's Welfare Society mission is to promote the health and wellbeing of all elderly residents in the community of Llandudno by providing recreation and social activities in premises which are both comfortable, safe and accessible to all. Llandudno Elderly People's Welfare Society works towards the maximisation of the Trinity Centre's revenue hire, and seeking grant income, to fund and deliver projects for older people. Llandudno Elderly People's Welfare Society objectives for the support of older people include: - Delivery of recreational activities and get-togethers. - Providing a welcoming hub for gathering and company. - Providing a space where services and the community can deliver social and welfare activities. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** Llandudno Elderly People's Welfare Society continues to deliver activities for older people that provide opportunities for intergenerational and social participation, wellbeing, and information. ## Charitable activities delivered included: - Weekly bingo with average attendance circa 50 - Weekly whist tournaments with average attendance circa 22 - D Day 80th Anniversary Afternoon Tea attendance exceeded 80 - Live Musical events averaging attendance over 80 - Hot Lunches scheme ran from January to March, average attendance 26 - Trinity Cinema monthly screenings for all ages with average attendance circa 40 Centre hire includes Tai Chi, Line Dancing, BCU Audiology Drop-Ins, Parkinson's Support Group, Zumba, Ballroom Dancing, BCU Diabetes Support, Historical Society, and more. Page 1 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** ## **FINANCIAL REVIEW** Llandudno Elderly People's Welfare Society is mindful of funding difficulties due to the absence of financial and in-kind support from the local authority, and the complexity of seeking and applying for financial grants. The Board of Trustees are accountable for the charity's financial undertakings. To make decisions, the board receives adequate, timely and comprehensible information, including action plans and reports regarding cash flow, income and expenditure. In line with its financial obligations the following tasks are overseen by the Trustees and Executive Officers: 1) Funding 2) Risk analysis 3) Cash flow analysis 4) Expenditure 5) Bookkeeping & record keeping 6) Reporting - 7) Financial monitoring ## **Funding** - The Board of Trustees develop and approve a funding strategy with financial information received from the Executive Officers and ensures that the scheme has sufficient funding to deliver its activities, this is reviewed at Board Meetings. ## **Risk analysis** - The Board of Trustee's ensure that the scheme does not take on any financial obligations that it cannot meet. ## **Cash flow analysis** - The Board of Trustees ensure that Llandudno Elderly People's Welfare has enough money to pay all its bills and financial obligations on time and in full. ## **Payment authorisation and Purchase Ledger** - The Executive officers are responsible for day-to-day financial operations. Using NatWest Freeagent financial software, they maintain up-to-date records on income and expenditures and carry out regular reconciliations. Invoices are authorised for payment by the Executive Committee. A robust booking system is in place since April 2024 ensuring all Centre hire is invoices accurately and payments are received in a timely fashion. ## **Bank Accounts & Reconciliation** - Bank statements and all transactions are accessed online. Hardcopies of monthly bank statements and received invoices are filed. All income is paid into the LEPWS bank account as soon as possible, and all monies due to the scheme are invoices promptly. Any monies received in cash i.e. donations are issued with a receipt and cash income is banked. A quarterly Profit & Loss report is submitted to the Board of Trustees. ## **Financial summary for the year** - Income received totalled £36,759 - Grant income for the year was £10,939. £5,248 was provided to fund the purchase of cinema equipment which will be released over 10 years. - Centre Hire occupancy monthly average is 43% compared to 38% in 2023/2024. - Average monthly venue hire income has increased from £2,500 to £2,700. Contracts for Centre Manager and Caretaker were not renewed. Caretaking and management duties are carried out by the Executive offices and volunteers. Total reserves carried forward totalled £58,114 which included a bank balance of £11,474.61. The Trustee's believe Llandudno Elderly People's Welfare Society can continue its activities and Centre Management for the year ahead. Page 2 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Recruitment and appointment of new trustees** Llandudno Elderly People's Welfare Society has eight trustees, and new appointments are made with the agreement of the existing trustees. The trustees oversee the financial and strategic development of the charity. The day-to-day management is carried out by the Executive Officers made up of Chair, Vice-Chair, Treasurer and Secretary, who also oversee any staff and volunteers. ## **Risk management** The trustees hold Board Meetings to identify and review any risks, and to ensure appropriate monitoring is in place to provide reasonable assurance against fraud and error. The Executive Officers provide financial and management reports. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 01793691 (England and Wales) ## **Registered Charity number** 514927 ## **Registered office** San Remo 13 Trinity Square Llandudno CONWY LL30 2RB ## **Trustees** Mr J M A Boyle Mrs J R Jones Councillor J Jones Miss C Marubbi Mrs E O Williams Mr M Millership Trustee (resigned 31.8.24) Mrs A Thomas Trustee Mr S N Thomas Trustee (appointed 15.5.24) Mrs A Rodrigues Trustee (appointed 25.3.25) Mrs B Cotton Trustee (appointed 25.3.25) ## **Independent Examiner** Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE Approved by order of the board of trustees on 31 October 2025 and signed on its behalf by: Page 3 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** Miss C Marubbi - Trustee Page 4 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **Independent examiner's report to the trustees of Llandudno Elderly People'S Welfare Society ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr Martin Barrett Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE Date: ............................................. Page 5 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** |**2025**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**6,708**
Other trading activities
2
**36,759**
Investment income
3
**8**
**Total**
**43,475**
**EXPENDITURE ON**
Raising funds
4
**611**
Other
**53,943**
**Total**
**54,554**
**NET INCOME/(EXPENDITURE)**
**(11,079)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**69,193**
**TOTAL FUNDS CARRIED FORWARD**
**58,114**|2024
Total
funds
£
8,861
26,392
7| |---|---| ||35,260| ||625
24,914| ||25,539| ||9,721
59,472| ||69,193| The notes form part of these financial statements Page 6 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **BALANCE SHEET 31 MARCH 2025** |**2025**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
9
**52,810**
**CURRENT ASSETS**
Debtors
10
**1,400**
Cash at bank
**11,537**
**12,937**
**CREDITORS**
Amounts falling due within one year
11
**(7,633)**
**NET CURRENT ASSETS**
**5,304**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**58,114**
**NET ASSETS**
**58,114**
**FUNDS**
12
Unrestricted funds
**58,114**
**TOTAL FUNDS**
**58,114**|2024
Total
funds
£
47,907
595
23,192
23,787
(2,501)
21,286
69,193
69,193
69,193
69,193| |---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 7 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **BALANCE SHEET - continued 31 MARCH 2025** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 31 October 2025 and were signed on its behalf by: Miss C Marubbi - Trustee The notes form part of these financial statements Page 8 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Tangible assets and depreciation** Freehold property is valued at cost with no depreciation provision. continued... Page 9 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** |**2.**
**OTHER TRADING ACTIVITIES**
Room hire
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**RAISING FUNDS**
**Investment management costs**
Support costs
**5.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**2025**
**£**
**36,759**
**2025**
**£**
**8**
**2025**
**£**
**611**
**2025**
**£**
**545**|2024
£
26,392| |---|---|---| |||2024
£
7
2024
£
625
2024
£
-| ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **7. STAFF COSTS** The average monthly number of employees during the year was as follows: ||**2025**|2024| |---|---|---| |The average monthly number of employees|**2**|1| No employees received emoluments in excess of £60,000. continued... Page 10 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |||||Unrestricted| |---|---|---|---|---| |||||fund| |||||£| ||**INCOME AND ENDOWMENTS FROM**|||| ||Donations and legacies|||8,861| ||Other trading activities|||26,392| ||Investment income|||7| ||**Total**|||35,260| ||**EXPENDITURE ON**|||| ||Raising funds|||625| ||Other|||24,914| ||**Total**|||25,539| ||**NET INCOME**|||9,721| ||**RECONCILIATION OF FUNDS**|||| ||Total funds brought forward|||59,472| ||**TOTAL FUNDS CARRIED FORWARD**|||69,193| |**9.**|**TANGIBLE FIXED ASSETS**|||| |||Freehold|Plant and|| |||property|machinery|Totals| |||£|£|£| ||**COST**|||| ||At 1 April 2024|**47,907**|**-**|**47,907**| ||Additions|**-**|**5,448**|**5,448**| ||At 31 March 2025|**47,907**|**5,448**|**53,355**| ||**DEPRECIATION**|||| ||Charge for year|**-**|**545**|**545**| ||**NET BOOK VALUE**|||| ||At 31 March 2025|**47,907**|**4,903**|**52,810**| ||At 31 March 2024|47,907|-|47,907| continued... Page 11 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** |**10.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| |---|---|---|---|---| ||||**2025**|2024| ||||**£**|£| ||Trade debtors||**1,400**|595| |**11.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||**2025**|2024| ||||**£**|£| ||Other creditors||**85**|-| ||Accruals and deferred income||**4,723**|492| ||Accrued expenses||**2,825**|2,009| ||||**7,633**|2,501| |**12.**|**MOVEMENT IN FUNDS**|||| ||||Net|| ||||movement|At| |||At 1.4.24|in funds|31.3.25| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**69,193**|**(11,079)**|**58,114**| ||**TOTAL FUNDS**|**69,193**|**(11,079)**|**58,114**| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**43,475**|**(54,554)**|**(11,079)**| ||**TOTAL FUNDS**|**43,475**|**(54,554)**|**(11,079)**| ||**Comparatives for movement in funds**|||| ||||Net|| ||||movement|At| |||At 1.4.23|in funds|31.3.24| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|59,472|9,721|69,193| ||**TOTAL FUNDS**|59,472|9,721|69,193| continued... Page 12 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|35,260|(25,539)|9,721| |**TOTAL FUNDS**|35,260|(25,539)|9,721| |A current year 12 months and prior year 12 months combined position is as follows:|||| |||Net|| |||movement|At| ||At 1.4.23|in funds|31.3.25| ||£|£|£| |**Unrestricted funds**|||| |General fund|59,472|(1,358)|58,114| |**TOTAL FUNDS**|59,472|(1,358)|58,114| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|78,735|(80,093)|(1,358)| |**TOTAL FUNDS**|78,735|(80,093)|(1,358)| continued... Page 13 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. Page 14 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** ||2025|2024| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Grants|**6,183**|8,861| |Cinema Grant|**525**|-| ||**6,708**|8,861| |**Other trading activities**||| |Room hire|**36,759**|26,392| |**Investment income**||| |Deposit account interest|**8**|7| |**Total incoming resources**|**43,475**|35,260| |**EXPENDITURE**||| |**Support costs**||| |**Management**||| |Wages|**23,228**|5,607| |Pensions|**131**|-| ||**23,359**|5,607| |**Other**||| |Rates and water|**896**|748| |Insurance|**1,948**|1,792| |Light and heat|**6,093**|5,680| |Telephone|**857**|639| |Sundries|**1,130**|486| |Advertising|**277**|-| |Repairs and renewals|**10,021**|4,170| |Catering|**6,139**|4,591| |Licences|**1,485**|-| ||**28,846**|18,106| |**Governance costs**||| |Accountancy and legal fees|**1,342**|1,172| |Payroll fees|**444**|317| |Professional Fees|**18**|337| |Plant and machinery|**545**|-| ||**2,349**|1,826| This page does not form part of the statutory financial statements Page 15 **LLANDUDNO ELDERLY PEOPLE'S WELFARE SOCIETY** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** ||2025|2024| |---|---|---| ||£|£| |Total resources expended|**54,554**|25,539| |**Net (expenditure)/income**|**(11,079)**|9,721| This page does not form part of the statutory financial statements Page 16 INDEPENDENT EMMINER'S REPORT TO THE TRusfEES OF LLANDUDIYO ELDERLY PEOPLE'S WELFARE SOCIETY Independenl examiner's rew)rt to the tntstees of Li*ndudno Elderly Ptople's Wtifare Soeiety Cthe CornpAny') I report to t￿ charity trustees on my examinati￿ ofthe ￿oUnts of the Company forthe year endal 31 March 2025. Responslbilities and basis of rewtrrt As the charity's trustees of the Company (a￿1 also its direct(Ks for the pwN)ses of coMp￿Y law) you are r¢stx)nsible for the pr¢paTation of the a￿ts in with the requirements ofthe Companies Act 2006 Cthe 2006 Acfl Having satisfied myself thai the ￿COUnts of the Company are not requirnl to be audited under Part 16 of the 2006 Act and are eligible for ind¢p¢nd¢nl examination, I rep)rt in Te4)eLI of my examination of your chartty's ￿LTh1nts as &8rTied out under Section 145 of the ChaTities Act 2011 (Ihe 2011 ACV). In carrying out my examination I have folk)wed th¢ thrections given by the Charity Commi&sion uNler S￿tI0T1 145(5) (b) of the 2011 ACL Independent mminer's ststement I have complded my examination. I confmn that mattets have come to my attention in cC￿neCtion with the examination giving me cause to beliw¢: accounting records We￿ kept in respect of th¢ C(mpany as rquired by Sertion 386 of the 2006 ACL or the &counts th) not accord with those records. or the xcounts do compty with the accounting requirements of Section 396 of the 2006 Art other than any requirement that the accounts give a and fair view which 15 not a matter considered as of an inde]Kndent examination" or the ￿counts have not been pr¢pared in ac(x)rdance with the methcrfts and winciple5 of the st￿ement of R¢comm¢nded Practice for accounling and w￿ing by diarities (applicable to charities preparing their accounts in accordance with the Financial ReEX)rting Standwd applicable in the UK ond Republic of Ireland (FRS 102)). I have no concerns and have come acrnss no other matters in cot]nection with the examinatiOD to whith attention should be drawll in this re￿rt in order to enable a tffop¢r undetstsnding of the accounts to be ￿￿hed. Mr Martin Barrett Williams tknton Cyf Chartered Certified A¢wuntants GI￿lYn Ffordd y Pa pa￿ Menai Bangor Gwynedd LL57 4FE Pag¢ 5