Wigan and Leigh Pensioners Link Limited Limited by Guarantee 31 March 2024 Legal and Administrative Information The Trustees Mr Michael William Hodlin Mrs Susan Pauksztello Mr David John Thomas Mrs Edith Coleman Mr Peter Newton Mrs Pauline Dowsett Mr Del Foulkes Mrs Elizabeth Smith Mr Richard Drabble Chair Vice Chair Secretary Mrs Kirsty Dainty Re8lStered Charity Number 1003175 Company Number 02608731 Registered Office / Principle Address 27 Charles Street Leigh Lancashire WN7 IDB Independent Examiner FPS Chartered Certified Accountants Levine House 233 Wigan Road Ashton in Makerfield Wigan WN4 9SL Bankers Virgin Money 6 Bridge Street St Helens WAIO INF Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee 31 March 2024 Contents Page Trustees, Annual Report (incorporating the director's report) Independent Examiners, Report to the trustees Statement of Financial Activities (including income and expenditure account) Statement of Financial Position Notes to the Financial Statements 6t012 Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) For the Year Ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Reference and administrative details are provided on a separate information page at the front of these financial statements. Structurei governance and management The charity is a company limited by guarantee. It was incorporated on 8 May 1991 and registered as a charity on 12 June 1991 The company was established under a Memorandum of Association which established the objects and power5 of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, member5 of the Management Committee are required to contribute £1 to the assets of the charitable company. The management committee, who are also the directors forthe purpose of company law, and who served during the year were= Mr Michael William Hodlin Mrs Susan Paulksztello Mr David John Thomas Mrs Edith Coleman Mr Peter Newton Mrs Pauline Dowsett Mr Del Foulkes Mrs Elizabeth Smith Mr Richard Drabble lappt 16.2.241 Chair Vice Chair None of the management committee has any beneficial interest in the company. Under the Articles, the members of the management committee are elected at the Annual General Meetin8 to serve a period of three years, subject to ratification at each Annual General Meeting. The management committee meet regularly throughout the year to review the strategy, operations and performance of the charity. The management committee are fully responsible for the decision making process operated by the charity. Current members of the management committee are familiar with the practical work of the charity and their responsibilities and update training is provided when considered necessary. Additionally, new members of the management committee will be provided with appropriate training and induction. During the financial year the day to day management of the charity rested with Mr Paul Roughley up to 31.3.24. From 1.4.24 responsibility will rest with Mrs Kirsty Dainty. The management committee have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to these risks. Wigan and Leigh Pensioners Link Limited Company limited by Guarantee Tru5tees' Annual Report Icontinuedl Forthe Year Ended 31 March 2024 Obltctlve and Artivlties The company is a charity and exists to prornote the interests of elderly people within the Metropolitan Borough of Wigan. The charity revews Its alms. oblectlves and attivities each year to help ensure its focus 15 on its stated purposes. The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when revlewlng the charity's aims, oblertlves and In plannlng its future activities. To achlewe this objective the charity operates 3 nurnber ol services. The charity tontinues to provSde infomation and support to the elderly and those who care for people less fortunate than ourselves. The charity plan5 to contlnue wSth its current artivities in the forthcoming year subject to satisfactory funding arrangements. Detai15 of the chèrity's current activitles a￿ outllned below-. PensloneTS Llnk The services offered by the charlty have continued to flourlsh and expand throughout the year. All artlvltles continue to be well 3ttended. We have seen the waiting list for cotsnselling services grow as we regularly exceed the number5 of referrals bud8eted for. We now run 16 separate activity 8roups at our Main centre In Lei8h. Horne5afe Thls service takes patients from Royal Albert Edward Infirrnary. Wrightingtom h05Pltal and Leigh Infirmary, transporting them safely and leavin8 them in a safe envlronment. This is then followed up by six weeks further low level support If requlred. The patients are left with a Welcorne Home Bag" containin8 some baslc food Items to ensure they have somethin8 to eat and drink until we can do shoppin8 for them if required. The ser￿ce has been funded by a Wigan Council tender fgr 3 years from l April 2021. Books & More Following 8 5ueeessful bid to the Lottery Community Fund we are able to contlnue with our popular Books and More service, delivering library books to Wigan residents who cannot otherwise access library services. In additlon. we Spend up to an hour wlth each reader giving them chance to chat with u5 helping reduce their Isolatlon. Many of our readers do not have regular visits from anyone other than ourselves. The chats can result in us referring them onto other service5 to help improve their Ilves in sorne way. The Lottery Community Fund wa5 awarded In July 2023 for a total of 3 years. declslon Is made in May 2023. A¢hle¥ements and Performancè The charity has been succe55ful in establishlng a 8ood worklng relatlonshlp with Wigan Council Wigan. Wrightington and Leigh teaching hospital trust and other partner or8anls3tion5 Wlthln Wigèn Borough. The Mana8ement Commlttee are confident a secure incorne stream is now in place, which wlS1 fully fund the chaTlties core activities and servlces for a furtheT two years. Finan¢l•l Revlew As shown in the statement of financial actlvities on pa8e 4. the net deficit forthe year 3rn0unted to £939.LK) It Is the policy of the charitythat unrestrlcted funds that have not been designated for a specific useshould be maintained at a level equSvllent to three months, expendlture. The management comtnittee considers that reserves at thls level will ensure that, in the event of a significant drop in fundin& they will be able to continue the charity's current attivities whSle conslderatlon Is given to ways in which 8dditional fund5 rnay be raised. This level of reserves has been maintained throughout the year, and the amount of reserves at 31.3.24 was £83459. The managernent committee. havin8 regard to on80in8 liquidlty requirements of the charity, have kept available funds In an Interest bearing deposit account. Small company pro¥lsions This report has been prepared in accordance with the provisions appllc cornpanie5 exemptlon. The trustees, annual report Wa5 approved on behalf of the board of trurtees by.. ble to cornp3nie5 entitled to the small .and signed on Mr Mlchael William Hodlin Chair Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee Independent Examiner's Report to the Trustees of Wigan and Leigh Pensioners Link Limited Year ended 31 March 2024 I report to the charity trustees on my examination of the accounts ofthe Company for year ended 31 March 2024 which are set out on pages 4 to 12. Responsibilities and basls of report As the charity's trustees of the company Iwho are also the directors of the company for the purpose of company lawl vou are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061"the 2006 Act l. Having satisfied myself that the accounts of the Company are not required to be audited for this year 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 14515llbl of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention which 8ives me cause to believe that.. accounting records were not kept in accordance with sertion 386 of the Companies Act 2006,. or the accounts do not accord with such records. or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 the accounts have not been preFY¥red in accordance with the Charities SORP IFRS1021. 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. Date: Amanda Kershaw FCCA FPS Chartered Certified Accountants Levine House 233 Wigan Road Ashton-in-makerfield Wigan WN4 9SL Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee Statement of Financial Activities (including Income and Expenditure Account) For the Year Ended 31 March 2024 Unrestricted Funds Restricted Funds Total Funds 2024 Total Funds 2023 Note INCOME AND ENDOWMENTS Donations and legacies Income from charitable activities Other trading activities Investment income Other income 14.132 178,162 6,026 874 1,130 14,132 178,162 6,026 874 1,130 11,280 161,567 4,079 175 630 Total income 200,324 200,324 177,731 Expendlture Expenditure on raising funds", Costs of voluntary income Expenditure on charitable activities: Community activities Other expenditure 17,238 17,238 11,836 io li 182,363 1,662 182,363 1,662 159,357 1.584 Total expenditure 201.263 201,263 172,777 Net income/{expenditure) and net movement in funds {9391 1939) 4,954 Total funds brought forward 84,398 84,398 79.444 Total funds carried forward 83,459 83,459 84,398 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. Wigan and Leigh Pensioners Llnk Limited Company Limited by Guarantee Statement of Financial Position As At 31 March 2024 Note 2024 2023 FIXED ASSETS Tangible assets 14 4,861 6,482 CURRENT ASSETS Debtors Cash at bank and in hand 15 30,047 51.452 81,499 88,634 88,634 Creditors: amounts falllng due within oneyear 16 110,0361 13,5831 Net current assets 78,598 77,916 Net Assets 83.459 84.398 Funds of the Charity Unrestricted funds Restricted funds 19 18 83,459 84,398 Total charity funds 83,459 84.398 For the financial year ended 31 March 2024 the company was entitled to exemption from audit under Sertion 477 Companies Act 2006 relating to small companie5. Director5, responsibilities The members have not required the charity to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS 102 50RP. These financial statements were approved by the board of trustees and authorised for issue on.. - 1-(¥yK> and are signed on behalf of the board by: Mr Michael William Hodlin - Director Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee Notes to the Accounts For the Year Ended 31 March 2024 l General information The charity is a private company limited by guarantee. registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 27 Charle5 Street. Leigh, Lancs, WN7 ID8 2 Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities SORP IFRS 10211 and the Charities Art2011. 3 Accountlng Pollcles 3.1 Basis of Preparation The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling which is the functional currency of the entity. 3.2 Golng concern There are no material uncertainties about the charity's ability to continue. 3.3 Fund accounting Unrestricted funds are avallable for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are restricted fund5 earmarked by the trustees for particular future projects or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes. restricted income funds or endowment funds. 3.4 Incomlng Resources All incoming resources are included in the statement of financial artivitie5 when entitlement has passed to the charity,. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: Income from donations or grants is recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. Legacy income is recognised when receipt is probable and entitlement established. Income from donated goods at the fair values of the goods unless this is impractical to measure reliably, in which case the value is derived from the c05t to the donor or the estimated resale value. Donated facilitie5 and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contrartual requirement for it to be spent on a particular purpose and returned if unspent. in which case it may be regarded as restricted. Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee Notes to the Accounts For the Year Ended 31 March 2024 3.5 Resources Expended Expenditure 15 recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates. Expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities and the sale of donated goods. Expenditure on charitable activities includes all costs incurred by a charity in undertaking activitie5 that further its charitable aifns for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. Other expenditure includes all expenditure that 15 neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and con51Stent basis. 3.6 Depreciation Depreciation is calculated so to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that a55et as follows., Computer Equipment Office Equipment 25% per annum reducing balance basis 25% per annum reducing balance basis 3.7 Pensions The pension costs charged in the accounts represent the contributions payable by the charity durin8 the year. 3.8 Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts etc. 3.9 Cash at bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 3.1 Credltors and Provlsions Creditors and provision are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be neasured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 3.11 Financial Instruments The trust only has financial assets and financial liabilties of a kind that qualify as basic financial instruments. Basic financial instrument5 are initially recognised at transaction value and subequently measured at their settlement value with the exception of bank loans which are subsequentlv measured at amortised cost using the effective interest method. Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee Notes to the Accounts For the Year Ended 31 March 2024 4 Donatlons and legacies 2024 2023 Donations and legacies received 14132 11280 5 Income from charltable artlvltles 2024 2023 Local government grant5 Other grants 177862 300 161567 178162 161567 6 Other Trading Activitie5 2024 2023 Fundraising Helping hands 503 5523 735 3344 6026 4079 7 Investment Income 2024 2023 Interest receivable 874 175 8 Other incornlng resources 2024 2023 Miscellaneous income 1130 630 Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee Notes to the Accounts For the Year Ended 31 March 2024 9 Cost5 of voluntary income Total Total 2024 2023 Costs of fundraising Repairs and maintenance Other office costs Promotions And gifts Sundries Cleaning Subscriptions and licences Depreciation Bookkeeping 251 553 99 2929 2913 2043 2130 1620 4700 223 69 2404 2375 662 1809 1839 2455 17238 11836 10 Communlty artlvltles 2024 2022 Staff costs Travel Rates and water Insurance Heat and light Rent Printing, Postage and stationery Telephone Repairs and renewals Sundry Sessional workers and consultancy fees 102486 27215 889 936 3103 170 897 1120 11173 125 34249 94931 16617 664 897 2607 87 617 1936 8104 295 32602 182363 159357 11 Other expenditure 2Q24 2023 Independent Examiner's fees 1662 1584 Wigan and Leigh Pensioners Link Limited Company Limited by Guarantee Notes to the Accounts For the Year Ended 31 March 2024 io 12 Ernployees 2024 2023 Number of employees The average monthly number of employees during the year was: Pmjects Employment Costs 2024 2023 Wages and salaries National Insurance Pension costs 94909 1446 6131 88307 1335 5289 102486 94931 There were no employees whose remuneration was £60000 or more. No trustees received remuneration in the year. 13 Taxatlon The charitable company is exempt from corporation tax on its charitable activities. 14 Tanglble Flxed Assets Computer Office Equpt Furniture & Equpt Total Cost At l April 2023 Additions 26663 15075 41738 At 31 March 2023 26663 15075 41738 Depreciation At l April 2023 Charge for the year 24582 520 10674 iioi 35256 1621 At 31 March 2023 25102 11775 36877 Net book value At 31 March 2024 1561 3300 4861 At 31 March 2023 2081 4401 6482 Wigan and Leigh Pensioner5 Link Limited Company Limited by Guarantee Notes to the Accounts For the Year Ended 31 March 2024 li 15 DebtOTS 2024 2023 Prepayments and accrued income 30047 16 Creditors due within one year 2024 2023 Trade creditors Accruals and deferred income 2293 7743 1099 2484 10036 3583 17 Share capltal The charity has no share capital being a company limited by guarantee. Each member guarantees to contribute an amount not exceeding £1 in the event of a winding up situation. 18 Restrlrted Funds There were no restricted funds in the year. Wigan and Leigh Pensioner5 Link Limited Company Limited by Guarantee Notes to the Accounts For the Year Ended 31 March 2024 12 19 Analysls of movements In unrestrirted funds General fund Balance l April 2023 Incoming resources Resources expenses 84398 200324 -201263 Balance 31 March 2024 83459 20 Analy515 of net assets between funds Unrestrl- Restrlrted Total rted Funds Funds Fund balances at 31 March 2023 are represented by.. Tangible fixed assets Current assets Creditors.. amounts falling due within one year 4861 88634 -10036 4861 88634 -10036 83459 83459