2021-03-31-accounts - Age UK Somerset

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Reference and Administrative	Reference and Administrative	Reference and Administrative
Trustees' Annual Report:
Company Status
Our Governing Document
Appointment ofTrustees
Our Aims and Objectives
Areas of Activity
Our Services
Our Volunteers			10
Quality Marques
Risk Management
Financial Review of the Year			12
Statement ofTrustees' Responsibilities			17
Independent Examiner's		Report	19
Financial Statements:			21
Consolidated Statement	of	Financial Activities	21
Consolidated and Charity	Balance Sheets		22
Statement of Cashflows			24
Notes to the Financial Statements			25

			Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Notes		Funds	Funds	Funds	Funds	Funds	Funds
						2021			2020
						f		F	f
Income:
Donations, gifts &legacies			2	32,779	62,957	95,736	275,480	48,607	324,087
Other trading activities			3				59,652		59,652
Investment income			4	303		303	1,297		1,297
				33,082	62,957	96,039	336,429	48,607	385,036
Income from charitable		activities:
Services			5	39,483		39,483	215,779		215,779
Grants and contracts			6	206,408	299,256	505,664	100,140	234,912	335,052
Other			7	15,000	2,480	17,480	33,093	25,296	58,389
Total income				293,973	364,693	658,666	685,441	308,815	994,256
Expenditure:
Raising funds			8					500	500
Cost ofother trading	activities			15		15	44,997		44,997
Charitable activities			9	111,524	476,713	588,237	133,850	507,681	641,531
Total expenditure				111,539	476,713	588,252	178,847	508,181	687,028
Net income/(expenditure)
for the year before	transfers			182,434	(112,020)	70,414	506,594	(199,366)	307,228
Transfers				(106,366)	106,366	-	(219,314)	219,314
Net movement in funds				76,068	(5,654)	70,414	287,280	19,948	307,228
Fund balances 1 April				559,261	40,506	599,767	271,981	20,558	292,539
Fund balances 31 March				635,329	34,852	670,181	559,261	40,506	599,767

			Notes		2021		2020
				Group	Charity	Group	Charity
				6
Fixed assets:
Tangible assets			16	7,277	7,277	10,957	10,957
Investments			17		2		2
				7,277	7,279	10,957	10,959
Current assets:
Debtors			18	48,670	54,836	334,722	355,573
Cash at bank	and	in hand		642,527	636,369	290,115	269,262
				691,197	691,205	624,837	624,835
Liabilities:
Creditors falling due within one year			19	28,293	28,288	36,027	36,027
Net current assets				662,904	662,917	588,810	588,808
Total assets	less	current liabilities		670,181	670,196	599,767	599,767
Net assets				670,181	670,196	599,767	599,767
The Funds ofthe		Charity:
Unrestricted	Funds:
General funds				442,563	442,579	514,939	514,939
Designated funds				192,766	192,765	44,322	44,322
			21	635,329	635,344	559,261	559,261
Restricted funds			21	34,852	34,852	40,506	40,506
Total Charity	Funds			670,181	670,196	599,767	599,767
Age UK Somerset		—Report ofTrustees	R.Unaudited	Financial	Statements 2020/21		Page 22

						2021		2020
				Notes	Group F	Charity	Group f	Charity f
Cashf lowe from operating	activities:
Net movement in funds for the		year
(as per Statement of Financial		Activities)			70,414	70,429	307,228	307,228
Adjustments to cash flows from non-cash			items
Depreciation				16	6,669	6,669	5,672	5,672
Investment income				4	(303)	(303)	(1,297)	(1,297)
					76,780	76,795	311,603	311,603
Working capital adjustments:
Decrease/(Increase) in debtors				18	286,052	300,737	(211,966)	(211,082)
(Decrease) in trade creditors				19	(7,734)	(7,739)	(14,357)	(13,230)
Net cash generated from
operating activities					355,098	369,793	85,280	87,291
Cashf Iowa from investing	activities:
Interest from investments				4	303	303	1,297	1,297
Acquisitions oftangible assets				16	(2,989)	(2,989)	(15,855)	(15,855)
Net cash (used in)
investing activities					(2,686)	(2,686)	(14,558)	(14,558)
Change in cash and cash	equivalents
in reporting period					352,412	367,107	70,722	72,733
Cash and cash equivalents	at	the beginning		of
the reporting period					290,115	269,262	219,393	196,529
Cash and cash equivalents		at the end	ofthe		642,527	636,369	290,115	269,262

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
				2021			2020
				F	F	6	F
Income	from
trading	activities				59,652		59,652

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
				2021			2020
					F
Interest	receivable	303		303	1,297		1,297

			Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				Funds	Funds	Funds	Funds	Funds	Funds
						2021			2020
						F			F
Ageing	Well	Somerset		8,252		8,252	128,801		128,801
Ageing	Well	North
Somerset				4,547		4,547	36,243		36,243
Information		Advocacy		3,505		3,505	8,128		8,128
Toenail	Cutting			22,226		22,226	42,607		42,607
Mental	Wellness		Support	915		915
Ageing	Well	SSSS		38		38
				39,483		39,483	215,779		215,779

Income from charita	ble activities	—Grants an	d contracts
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	Funds	Funds	Funds	Funds	Funds	Funds
			2021			2020
			f	f	F	f
Local authorities	70,320	179,700	250,020	33,000	194,924	227,924
NHS Somerset and
NHS North Somerset		23,206	23,206		23,205	23,205
Other grants	2,000	96,350	98,350		16,783	16,783
Age UK Grants	134,088		134,088	67,140		67,140
	206,408	299,256	505,664	100,140	234,912	335,052

7	Income from	charitable	activities	—Other income	—Other income
		Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
			Funds	Funds	Funds	Funds	Funds	Funds
					2021			2020
					F			F
	Age UK brand	partnership	15,000		15,000	15,000		15,000
	Other income			2,480	2,480	18,093	25,296	43,389
			15,000	2,480	17,480	33,093	25,296	58,389
8	Raising funds
		Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
			Funds	Funds	Funds	Funds	Funds	Funds
					2021			2020
					F	F		f
	Tea Dance						500	500
							500	500

		Note	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			Funds	Funds	Funds	Funds	Funds	Funds
					2021			2020
			E	E	E	E	E	E
Staff costs			19,195	347,233	366,428	20,913	325,929	346,842
Volunteer expenses			11	858	869	628	13,214	13,842
Travel			85	1,968	2,053	204	15,785	15,989
Recruitment				282	282	55	208	263
Premises costs				194	194		208	208
Communication	and
Office costs			225	1,292	1,517	362	4,779	5,141
Service related	costs			8,441	8,441		40,327	40,327
Grants payable		12		5,725	5,725		2,850	2,850
Governance costs		11	5,271		5,271	8,367		8,367
Other costs				1,088	1,088		466	466
			24,787	367,081	391,868	30,529	403,766	434,295
~S
General Office			3,011	50,487	53,498	3,900	53,437	57,337
Senior management			14,069	7,952	22,021	10,777	11,911	22,688
Finance			26,215	28,399	54,614	23,846	25,467	49,313
Combined services			40,026	22,688	62,714	59,048	13,100	72,148
Income generation			3,416	106	3,522	5,750		5,750
			111,524	476,713	588,237	133,850	507,681	641,531

			Charity		Subsidiary		Total
		2021	2020 F	2021	2020	2021	2020f
Independent	examination
fee		768	708			768	708
Accounting	services	4,416	7,598		982	4,416	8,580
		5,184	8,306		982	5,184	9,288

		Unrestricted	Unrestricted	Restricted	Restricted	Total	Unrestricted	Restricted	Total
			Funds	Funds		Funds	Funds	Funds	Funds
						2021			2020
						F	f	f	f
Independent		examination
fee			768			768	708		708
Accounting		services	4,416			4,416	7,598		7,598
Legal fees			87			87	61		61
			5,271			5,271	8,367		8,367
Grants payable
		Unrestricted		Restricted		Total	Unrestricted	Restricted	Total
			Funds	Funds		Funds	Funds	Funds	Funds
						2021			2020
						F.	F	F	f
Grants have		been paid out	for the	following	activities;
Surviving	Winter			5,725		5,725		2,850	2,850
				5,725		5,725		2,850	2,850

Wages and salaries	Wages and salaries
				2021	2020
					F
Wages and salaries				445,583	456,839
Employer National	Insurance			21,849	20,594
Employer Pension				19,362	19,042
Other staff costs				429	2,011
Redundancy costs					5,286
				487,223	503,772
Presented within	ex enditure as follows
Costs ofcommercial	trading		activities		25,648
Expenditure on charitable		activities:
Staff costs				366,710	347,195
Support costs allocated				120,513	130,929
				487,223	503,772

The average	The average	monthly	monthly	calculated as	equivalents,	during
the year was:
				2021	2020
				No		No
Commercial		trading	activities			1
Charitable	activities			15		18
Governance				1		1
				16		20

Tangible assets —Charity and Group		Other
	Computers	Equipment	Total
	E		f
Cost
As at 01/04/2020	24,318	989	25,307
Additions	2,989		2,989
Disposals	(1,199)		(1,199)
As at 31/03/2021	26,108	989	27,097
Depreciation
As at 01/04/2020	13,361	989	14,350
Charge for year	6,669		6,669
Elimination on disposal	(1,199)		(1,199)
As at 31/03/2021	18,831	989	19,820
Net book value
As at 31/03/2021	7,277		7,277
As at 31/03/2020	10,957		10,957

Investments	Investments
			Total	Total
			2021 E	2020f
Age UK	Somerset Trading	LTD
Ordinary	shares of51 each

The results ofAge UK Somerset Trading LTD were	as follows:
	2021f	2020 5
Turnover		59,652
Costs ofsales		(29,753)
Gross profit		29,899
Administrative expenses	(15)	(15,244)
Operating (loss)/profit	(15)	14,655
Gift aid to Age UK Somerset		(14,655)
	(15)
The assets and liabilities were:
Current assets	6,188	20,853
Current liabilities	(6,201)	(20,851)
Total net assets	(13)
Called up share capital	2
Retained Earnings	(15)
	(13)

Debtors
		2021		2020
	Groupf	Charity F	Group F	Charity F.
Trade debtors	15,834	15,833	27,044	27,044
Amounts due from group undertakings		6,195		20,851
Other debtors	29,774	29,746	300,898	300,898
Prepayments	3,062	3,062	6,780	6,780
	48,670	54,836	334,722	355,573

19	Creditors - Amo	unts falling	due within one	year
					2021		2020
				Group	Charity	Group f	Charityf
	Trade creditors			2,337	2,332	5,684	5,684
	Other creditors and accruals			18,282	18,282	24,043	24,043
	PAYE Income Tax & National		Insurance	7,674	7,674	6,300	6,300
				28,293	28,288	36,027	36,027
20	Grants received	in advance
					2021		2020
				Group F	Charity f	Group f	Charity f
	Balance as at 1 April					13,788	13,788
	Amount released	to income for charitable
	Activities					(13,788)	(13,788)
	Balance as at 31	March

	Balance				Balance
1 April 2020		Income	Expenditure	Transfers	31 Mar 2021
	f			f	f
Restricted funds
Ageing Well Somerset		70,938	118,436	47,498
Ageing Well North Somerset		35,186	41,015	5,829
Befriending Somerset		25,380	19,929		5,451
Ageing Well SSSSSomerset		41,000	66,210	25,210
Ageing Well SSSSNorth
Somerset		15,000			15,000
Information &Advice	11,936	43,108	66,967	11,923
North Somerset (SCAMS)	51	13,976	12,597		1,430
North Somerset Projects	13,534	31,392	29,377	(8,768)	6,781
Surviving Winter	3,325	3,600	5,725	(600)	600
Toe Nail Cutting		27,313	63,278	35,965
Mental Wellness Support	11,660	57,800	53,179	(10,691)	5,590
Total restricted funds	40,506	364,693	476,713	106,366	34,852
Unrestricted funds
Designated:
Ageing Well Somerset	7,847	8,251		2,028	18,126
Ageing Well North Somerset	27,912	4,547		(5,829)	26,630
Information &Advice	8,128	3,505		4,077	15,710
Ageing Well SSSSSomerset		38		(38)
Befriending Somerset				20,000	20,000
Toenail Cutting	435	22,226		(17,662)	4,999
Mental Wellness Support		915		(915)
Volunteers			30,350	31,320	970
Age UK —Covid-19 Brand
Partner Support		88,138		(88,138)
Somerset County Council		67,320		(67,320)
IT Hardware Renewals				26,000	26,000
IT Infrastructure Development				80,000	80,000
North Somerset &Somerset
Services				331	331
Total designated funds	44,322	194,940	30,350	(16,146)	192,766

	Balance					Balance
1 April 2019		Income	Expenditure	Transfers	31	Mar 2020
		F	F			F
Restricted funds
Ageing Well Somerset	10,239	89,482	234,844	135,123
Ageing Well North Somerset		37,335	55,045	17,710
Befriending Together		13,191	20,238	7,047
Befriending North Somerset			11,346	11,346
Information 8 Advice		92,189	80,253			11,936
North Somerset (SCAMS)		14,558	14,507			51
North Somerset Projects	7,744	20,040	14,250			13,534
Surviving Winter	2,575	3,600	2,850			3,325
Toenail Cutting		23,220	71,308	48,088
Mental Wellness Support		15,000	3,340			11,660
Legacy for Bridgwater Services		200	200
Total restricted funds	20,558	308,815	508,181	219,314		40,506
Unrestricted funds
Designated:
Ageing Well Somerset	14,169	128,801		(135,123)		7,847
Ageing Well North Somerset	9,379	36,243		(17,710)		27,912
Information and Advice		8,128				8,128
North Somerset &
Somerset Services	331			(331)
Toenail Cutting	5,916	42,607		(48,088)		435
Total designated funds	29,795	215,779		(201,252)		44,322
General	242,186	469,662	178,847	(18,062)		514,939
Total unrestricted funds	271,981	685,441	178,847	(219,314)		559,261
Total funds	292,539	994,256	687,028			599,767

	Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Funds	Funds	2021	Funds	Funds	2020
					F
Tangible	fixed assets	7,277		7,277	10,957		10,957
Net current assets		628,052	34,852	662,904	548,304	40,506	588,810
		635,329	34,852	670,181	559,261	40,506	599,767

year:
			2021		2020
		Group 8	Charity f	Group f	Charity F
Operating	leases	40,404	40,404	53,224	53,224

operating leases and service contracts expiring	as follows:	as follows:
	Land and buildings
	2021	2020
	6
Less than one year	33,046	11,371
Between two and five years	11,371
	44,417	11,371
	Other
	2021	2020
		8
Less than one year	12,660	12,916
Between two and five years	9,979	15,863
	22,639	28,779