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|Reference and Administrative|Reference and Administrative|Reference and Administrative|Details||
|---|---|---|---|---|
|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|
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||||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|
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|||||||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|
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|||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|
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|||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|
##
##
|14|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|number|of employees,|calculated
as|full-time|equivalents,|during|
|---|---|---|---|---|---|---|---|---|---|
|the year was:||||||||||
|||||||2021||2020||
|||||||No|||No|
|Commercial||trading|activities||||||1|
|Charitable|activities|||||15|||18|
|Governance||||||1|||1|
|||||||16|||20|
##
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##
|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|||Charity||
|---|---|---|---|---|---|
||||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|
##
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||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|