2023-03-31-accounts - Age UK Devon

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Trustees			Mrs LOnyett
			Mrs H Aldis
			Mr RAustin
			Mrs K Smith
			Mr M Ellis					(Appointed	15February 2023)
Secretary			Mrs S Littlewood
Charity number			1019018
Company	number		02773453
Principal address			Unit 1 Manaton		Court
			Matford Business			Park
			Exeter
			Devon
			EX28PF
Registered		office	Unit 1 Manaton		Court
			Matford Business			Park
			Exeter
			Devon
			EX28PF
Independent		examiner	Simpkins Edwards			LLP
			The Summit
			Woodwater	Park
			Pynes Hill
			Exeter
			EX25WS
Bankers			National Westminster				Bank pic
			Exeter Branch
			59 High Street
			Exeter
			Devon
			EX43DL

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023		2022	2022	2022
		Notes				E
Income from:
Donations and legacies			356,189		356,189	131,591	125,000	256,591
Charitable activities			231,271	86,145	317,416	191,772	309,969	501,741
Investments			16,667		16,667	8,027		8,027
Total income			604,127	86,145	690,272	331,390	434,969	766,359
Expenditure on:
Raising funds			4,798		4,798	5,610		5,610
Charitable activities			430,612	129,647	560,259	341,323	128,242	469,565
Other expenditure			14,769		14,769	22,409		22,409
Total expenditure			450,179	129,647	579,826	369,342	128,242	497,584
Net gains/(losses)	on
investments		11	(35,025)		(35,025)	6,257		6,257
Net income/(expenditure)		and
movement in funds			118,923	(43,502)	75,421	(31,695)	306,727	275,032
Reconciliation of	funds:
Fund balances at 1 April		2022	498,476	415,234	913,710	530,171	108,507	638,678
Fund balances at	31 March
2023			617,399	371,732	989,131	498,476	415,234	913,710

						2023		2022
					Notes	f
Fixed assets
Tangible assets					13		6,354		8,980
Investment	property				14		125,000		125,000
Investments					15		310,011		349,490
							441,365		483,470
Current assets
Debtors					16	18,302		101,677
Cash at bank and		in	hand			550,949		356,682
						569,251		458,359
Creditors:	amounts		falling due within		17
one year						21,485		28,119
Net current	assets						547,766		430,240
Total assets less		current		liabilities			989,131		913,710
The funds	ofthe	charity
Restricted	income	funds			18		371,732		415,234
Unrestricted	funds						617,399		498,476
							989,131		913,710

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023		2022	2022	2022
							f
Core
Grants for specific
purposes		25,570	28,000	53,570	11,136	44,332	55,468
Contract	Income				903		903
Activities		180		180	48		48
Other income					1,860		1,860
Enabling
Grants for specific
purposes		(3,002)	20,000	16,998
Home help		118,087		118,087	113,395		113,395
Activities					350		350
Advice and Wellbeing
Grants for specific
purposes		2,979	38,145	41,124	19,158	250,620	269,778
Contract	Income	1,675		1,675	19,186		19,186
Activities		13,840		13,840	7,643		7,643
Active in Later Life
Grants for specific
purposes		58,933		58,933	9,325	15,017	24,342
Training	Delivery	2,663		2,663	1,790		1,790
Activities		10,346		10,346	6,978		6,978
		231,271	86,145	317,416	191,772	309,969	501,741

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
			F
Rental	income	5,115
Income	from listed investments	8,873	7,640
Interest	receivable	2,679	387
		16,667	8,027

Unrestricted	Unrestricted
funds	funds
2023	2022
4,798	5,610

				Core	Enabling	Advice and	Active in	Total
						Wellbeing	Later Life
				2023	2023	2023	2023	2023
Direct costs
Staff costs				89,944	123,316	141,513	81,310	436,083
Costs of running		activities		114		23,477	30,319	53,910
Premises costs				29,263				29,263
Office administration			costs	28,046	1,683	1,282	686	31,697
Advertising					599	2,205	617	3,421
Miscellaneous	expenditure					84		84
Legal costs						538		538
Depreciation				2,247			379	2,626
Bad debts					637		2,000	2,637
				149,614	126,235	169,099	115,311	560,259
Analysis by	fund
Unrestricted	funds			136,319	75,487	125,207	93,599	430,612
Restricted funds				13,295	50,748	43,892	21,712	129,647
				149,614	126,235	169,099	115,311	560,259

Previous	year:	year:			Core	Enabling	Advice and	Active in	Total
							Wellbeing	Later Life
					2022		2022	2022	2022
							E
Direct costs
Staff costs					85,146	133,613	107,367	52,204	378,330
Travel					292	99	14,269	2,497	17,157
Costs of running			activities				6,568	7,586	14,154
Premises	costs				31,911	10			31,921
Office administration				costs	22,328	390	891	1,005	24,614
Advertising					248	1,218	243		1,709
Training					110	420			565
Depreciation					1,115				1,115
					141,150	135,750	129,338	63,327	469,565
Analysis	by	fund
Unrestricted		funds			122,614	135,750	54,949	28,010	341,323
Restricted	funds				18,536		74,389	35,317	128,242
					141,150	135,750	129,338	63,327	469,565

			Unrestricted	Unrestricted
			funds	funds
			general	general
			2023	2022
			f:
Legal and professional			8,068	15,412
Independent	Examination	and Accountancy	3,656	3,480
Bank Charges			3,045	2,221
Bad Debts				1,296
			14,769	22,409

The average	monthly number ofemployees during th	e year was:
		2023	2022
		Number	Number
Home helps		25	25
Other staff		10	14
Total		35	39
Employment	costs	2023	2022
			E
Wages and salaries		423,932	375,766
Other pension costs		12,151	2,564
		436,083	378,330

Gains and	los	ses on investments
			Unrestricted	Unrestricted
			funds	funds
			2023	2022
Gains/(losses)		arising on:
Revaluation	of	investments	(44,806)	5,081
Sale ofinvestments			9,781	1,176
			(35,025)	6,257

13	Tangible fixed assets	Tangible fixed assets
				Fixtures and
				fittings
	Cost
	At 1 April 2022			53,748
	At 31 March	2023		53,748
	Depreciation	and impairment
	At 1 April 2022			44,768
	Depreciation	charged	in the year	2,626
	At 31 March	2023		47,394
	Carrying amount
	At 31 March	2023		6,354
	At 31 March	2022		8,980
14	Investment	property
				2023
				E
	Fair value
	At 1 April 2022 and 31		March 2023	125,000

	2023	2022
Freehold	125,000	125,000

15	Fixed asset inves	tme	nts
					Listed	Other	Total
					investments	investments
					F
	Cost or valuation
	At 1 April 2022				349,489		349,490
	Additions				49,309		49,309
	Valuation changes				(35,025)		(35,025)
	Increase in investment		dealing	bank account	(1,173)		(1,173)
	Disposals				(52,590)		(52,590)
	At 31 March 2023				310,010		310,011
	Carrying amount
	At 31 March 2023				310,010	1	310,011
	At 31 March 2022				349,489	1	349,490
						2023	2022
	Other investments	comprise:			Notes		F
	Investments in subsidiaries				23
16	Debtors
						2023	2022
	Amounts falling due		within	one year:
	Trade debtors					11,183	10,065
	Prepayments and	accrued income				7,119	91,612
						18,302	101,677
17	Creditors: amounts		falling due within one year
						2023	2022
							E
	Other taxation and	social security				6,487	4,729
	Trade creditors					7,007	6,451
	Other creditors					2,427	1,844
	Accruals and deferred		income			5,564	15,095
						21,485	28,119

		At 1 April	Incoming	Resources	At 31 March
		2022	resources	expended	2023
		F			F
GA Morgan Legacy		88,207		(21,712)	66,495
Norman Family Trust			672	(350)	322
Digital Champion Funding			36,000	(34,917)	1,083
Stover TIF Funding			1,473	(1,277)	196
Anonymous Donor			20,000	(6,701)	13,299
Cost of living funding			10,000	(5,355)	4,645
CAN			6,000		6,000
Celia Ollerenshaw Trust		53,593		(7,349)	46,244
Age UK Mid Devon		247,638		(38,046)	209,592
DCC - Living Options		19,796	12,000	(7,940)	23,856
SSAFA Fuel Poverty	Fund	6,000		(6,000)
		415,234	86,145	(129,647)	371,732
Previous year:		At 1 April	Incoming	Resources	At 31 March
		2021	resources	expended	2022
		F			F
GA Morgan Legacy		108,507		(20,300)	88,207
E.On			40,300	(40,300)
CAN			11,832	(11,832)
Veterans Foundation			15,017	(15,017)
Age UK: Building Resiliance			21,938	(21,938)
Celia Ollerenshaw Trust			56,000	(2,407)	53,593
Age UK Mid Devon			257,382	(9,744)	247,638
DCC - Living Options			20,000	(204)	19,796
SSAFA Fuel Poverty	Fund		6,000		6,000
Exeter Citizens Advice			2,000	(2,000)
DCC - Equality Reference Group			4,500	(4,500)
		108,507	434,969	(128,242)	415,234

			At 1 April	Incoming	Resources	Transfers	Gains and	At 31 March
			2022	resources	expended		losses	2023
					F
Contingency		to
ensure that
future essential
actvities	can
continue	to be
funded			125,000			60,000		185,000
General	funds		373,476	604,127	(450,179)	(60,000)	(35,025)	432,399
			498,476	604,127	(450,179)		(35,025)	617,399
Previous year:			At 1 April	Incoming	Resources	Transfers	Gains and	At 31 March
			2021	resources	expended		losses	2022
					F			F
Contingency		to
ensure that
future essential
actvities	can
continue	to be
funded			200,000			(75,000)		125,000
General	funds		330,171	331,390	(369,342)	75,000	6,257	373,476
			530,171	331,390	(369,342)		6,257	498,476

Analysis o	f net assets between funds
			Unrestricted	Restricted	Total
			funds	funds
			2023	2023	2023
			F		F
Fund balances at 31 March 2023 are represented		by:
Tangible assets			6,354		6,354
Investment	properties			125,000	125,000
Investments			310,011		310,011
Current assets/(liabilities)			301,034	246,732	547,766
			617,399	371,732	989,131

Analysis of net assets between funds	Analysis of net assets between funds				(Continued)
			Unrestricted	Restricted	Total
			funds	funds
			2022	2022	2022
					f
Fund balances at 31 March 2022 are represented		by:
Tangible assets			8,980		8,980
Investment	properties			125,000	125,000
Investments			349,490		349,490
Current assets/(liabilities)			140,006	290,234	430,240
			498,476	415,234	913,710

non-cancellable operating leases, which fall due as follow	s:
	2023	2022
Within one year	14,625	13,229
Between two and five years	3,750	18,662
	18,375	31,891

Name of undertaking	Registered	Registered	Nature ofbusiness	Class of	Class of	% Held
	office			shares	held	Direct Indirect
Age UK Devon (Trading)	Ltd England	8 Wales Dormant		Ordinary		100.00