REGISTERED COMPANY NUMBER: 08018086 (Wales)

REGISTERED CHARITY NUMBER: 1148804

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

ASBESTOS AWARENESS & SUPPORT CYMRU

LIMITED

(A COMPANY LIMITED BY GUARANTEE)

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Statement of Financial Position

6

to

7

Notes to the Financial Statements

8

to

11

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 30 April 2023. 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

Asbestos Awareness & Support Cymru (AASC) was established in Wales to provide a network of help and support to victims of asbestos related diseases and their families. As well as offering one to one and group support it also acts as a signposting service to guide victims of asbestos disease and their families to the help they need from health, social care, and legal professionals, in the statutory, voluntary, and private sectors to ensure that they are aware of the best assistance available within Wales. The principal activity of the Charity is to enhance the quality of life for those living with asbestos related diseases in Wales.

Achievements and performance

Our online offer to those affected by exposure to asbestos has enabled us to reach many across Wales, we have continued to offer specific groups for mesothelioma and asbestosis. Our telephone helpline compliments our online service. We have delivered both online and in person support group meetings. We also provide ongoing support to those bereaved through asbestos through regular phone calls and in person meetings.

" Facilitated bimonthly online asbestosis support group meetings

" Facilitated monthly online mesothelioma meetings

" Facilitated in person support group meetings

" Offered bereavement support though telephone calls, online meetings and in person group sessions

" Ensured appropriate benefit advice given to those diagnosed with asbestos related illnesses

" Enabled those who may need financial compensation for exposure to asbestos in the work place were given the opportunity to explore that route with specialist legal firms.

" Distributed online newsletters.

" Provided regular updates through social media channels.

" Organised online awareness event which raised the profile of the present dangers of asbestos in the community of Wales.

" Facilitated cross sectoral meeting of professionals and patients.

" Encouraged the sharing of personal experiences

" Circulated information leaflets for the public.

" Circulated information packs for health professionals.

" We increased participation in national groups through online meetings.

" Increased one to one telephone calls to provide support and improve the mental health well being of patients and carers

FINANCIAL REVIEW

Financial position

In common with many small charities the reserves are not always at the level the trustees would wish. During the year the unrestricted reserves fell but remained at a level sufficient to cover management, administration, and support costs in the coming twelve months thus ensuring continuity in the services provided by the Charity.

Principal funding sources

The principal source of income in the year was charitable donations. At the balance sheet date, the Charity had a fund of unrestricted reserves of £29,595 (2022: £44,159).

FUTURE PLANS

" To formulate work plan to take into account steadily reducing income.

" To identify new sources of income.

" To further actively advertise the service offered by Asbestos Awareness & Support Cymru

" To work closely with health specialists and other professionals to plan virtual and in person action around Mesothelioma day capitalising on social media.

" To further enhance support offered to those in unpaid caring roles for mesothelioma patients

" To promote online giving.

" To enhance social media presence.

" To explore the need for a volunteer programme.

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

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the company. Under the requirements of the Memorandum and Articles of Association the directors are required to retire by rotation. Appointment of directors is by the charity in general meeting or by the directors.

Organisational structure

The charity is governed by a board of Trustees with two part-time staff members being accountable to them. The Support Officer manages and operates the telephone support line for asbestos victims and their families. She signposts to relevant helping agencies if necessary and provides regular ongoing support through the 'phone line and has organized in person meetings in Cardiff and Newport. The helpline took the highest level of calls since inception and saw a 12% increase this year in comparison with the previous year. In addition, the Support Officer is responsible for nurturing relationships with and generating income for the Sapphire scheme from corporate donors. The Admin. Manager is responsible for strategic research, financial management, grant funding and applications, marketing, the social media programme, and company/charity secretarial support. In addition, the Admin. Manager is responsible for organising and facilitating the online virtual support groups, meetings and events and has organised in person meetings in West Wales.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08018086 (Wales)

Registered Charity number

1148804

Registered office

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

Trustees

Mrs S Baldwin Trustee

Mrs R N Williams Trustee

Dr P T Thomas Consultant

Independent Examiner

C W F Marshall FFA

William Marshall & Co

Financial Accountants

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 5 September 2023 and signed on its behalf by:

Mrs S Baldwin - Trustee

Independent examiner's report to the trustees of Asbestos Awareness & Support Cymru Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2023.

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.

C W F Marshall FFA

William Marshall & Co

Financial Accountants

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

5 September 2023

2023

2022

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

9,365

42,137

EXPENDITURE ON

Charitable activities

3

Asbestos Awareness & Support Cymru

23,929

20,629

NET INCOME/(EXPENDITURE)

(14,564

)

21,508

RECONCILIATION OF FUNDS

Total funds brought forward

44,159

22,651

TOTAL FUNDS CARRIED FORWARD

29,595

44,159

2023

2022

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

8

558

698

CURRENT ASSETS

Debtors

9

1,671

1,168

Cash at bank

28,763

43,844

30,434

45,012

CREDITORS

Amounts falling due within one year

10

(1,397

)

(1,551

)

NET CURRENT ASSETS

29,037

43,461

TOTAL ASSETS LESS CURRENT LIABILITIES

29,595

44,159

NET ASSETS

29,595

44,159

FUNDS

Unrestricted funds

29,595

44,159

TOTAL FUNDS

29,595

44,159

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

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 5 September 2023 and were signed on its behalf by:

R N Williams - Trustee

P T Thomas - Trustee

S Baldwin - Trustee

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

33% on cost

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.

2.	DONATIONS AND LEGACIES

2023

2022

£

£

Donations

8,865

36,637

Grants

500

5,500

9,365

42,137

3.	CHARITABLE ACTIVITIES COSTS

Support

Direct

costs (see

Costs

note 4)

Totals

£

£

£

Asbestos Awareness & Support Cymru

19,302

4,627

23,929

4.	SUPPORT COSTS

Governance

Management

Finance

Other

costs

Totals

£

£

£

£

£

Asbestos Awareness & Support Cymru

2,621

69

140

1,797

4,627

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023

2022

£

£

Depreciation - owned assets

140

175

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2023 nor for the year ended 30 April 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2023 nor for the year ended 30 April 2022.

7.	STAFF COSTS

2023

2022

£

£

Wages and salaries

17,470

14,890

Other pension costs

367

248

17,837

15,138

The average monthly number of employees during the year was as follows:

2023

2022

Part-time

2

2

No employees received emoluments in excess of £60,000.

8.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 May 2022 and 30 April 2023

2,307

DEPRECIATION

At 1 May 2022

1,609

Charge for year

140

At 30 April 2023

1,749

NET BOOK VALUE

At 30 April 2023

558

At 30 April 2022

698

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Prepayments

1,671

1,168

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other creditors

1,397

1,551

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2023.