Coinp&ny registralioii i)uinbei': 02646454 Chai'ity I'egisti7tion iiuinber.. 1025961 Age UK Bradford District Ltd (A coiiipany liinited by gua17nt¢e) Annual Report and Fiiiaiicial Staten)ents for the Ye81. Ended 31 Marcli 2025 Age UK Bradford District Ltd Contents Ti'ustees, Repoit I to I I Ii)d¢pendent Exai)iineVs Report 12 Sialement of Financial Activities 13 Balance Slieet 14 Stateinent of Cash Flows 15 Notes lo tile Fiiian¢ial Sialei))ei)Is 16to29 Age UK Bradford District Ltd Trustees, Report Tl)e Trustee5 (who al'e a150 directors of Age UK Bi'adfoi'd District foi. tl)e purposes of company law) are pleased to present tl)eii' ai)i)ual I'epoit togethei. witl) the coiisolidated fiiiaiicial stateiTr)eiits of the cl)arity for the yeai. ei)ding 3 5 sl Marel) 2025, which are also pi'epared to ij)eet tlie I'equii'eiiieiits foi. a dire¢toi's' report and accounts foi. Companies Act Pui'poses. Tlie fii)ancial statements comply with Ilie Cliarities Act 201 I, Ilie Coiiipanies Act 2006, Ilie Articles of Association, ai)d Accounting and Reportii)g by Cl)ai'ities'. Siateiiieiit of Recoiiiinti)ded Pi'actice applicable to cliarities pi'epai'ing tl)eir accouiits in accordance witli tlie Finaiicial Repoitiiig Standai'd applicable in the UK aiid tlie Republic of li'eland (FRS102) {effective l JanLiary 2015). Refei'ence aiid Administi'ative Details Age UK Bradfoi'd Dislrict is a cllaritable compai)y liniited by guarantee. Tlie coiiipaiiy {coii)pany iiunibei. 02646454) was incoi'porated on 17 Septeinbei. 1991 as Age Coi)cerii Bradfoi'd & Disli'ict as ainended by special resolutioii passed 21 Jlily 1993 at)d registered as a cl)arity (cliai'ity numbei. 1025961) 01) 13 Septembei. 1993. Tlie company cl)anged its naiiie to Age UK Bi'adford & District by special I'esolution passed J l Janiiaiy 2012. A fLlltliei' change to its aiticles was Inade in Septeiiiber 2019 by Special Resolution wliicli changed the charity name to Age UIC Bi'adford Di5ti'ict and adopted iiew aiticles in liiie witli best practice. Chai'ity Regisli'ation Nuinber.. 1025961 Company Registration Numbei.: 02646454 Tlie chai'ity is incoi'porated in Englaiid and Wales. 75 Wrose Road Shipley BD18 IHX Registei'ed Office.. Iiidependent Exaniii)ei': Mark Wilcock FCA Watson Buckle Liinited Chartered Accountants Yol'k House Cottiiigley Busii)ess Park Bradford West Yorksliire BD16 IPE Bankers: Batli Building Society 15 Queen Square Batli BAI 2HN Natwest Bank Mai'ket Sti'eet Bi'adfoi-d West Yorkshii'e BDI INE Unity Ti-LlSt Bank plc 9 Bi'indleyplace Bii'niingliam BI 2HB Page I Age UK Bradford District Ltd TR'ustees' Report Ti'ustees and offieei's Tlie trustees and officeis seiwing dui'ing the yeai. aiid since Ilie yeai. end were as follows: Ti'ustees.. David Pass (appointed l O Jui)e 2024) Joiiailian Stead Noor Jahaii Ali {appointed 10 Jui)e 2024 and I'esigiied l O October 2025) Gill Tlioi'iilon Joanne Volpe Cail)ei'ine Sunlei. (appointed l O June 2024) Aiithony Porlei. (appointed l O June 2024) Jeiii)ifer Lee (I'esigiied l O June 2024) Amanda Peters (resigned 28 Oclobei. 2024) Cliair: Joaiii)e Volpe Mai'k Roundiiig Cl)ief Executive Officei.: Age UK Bi'adford District Ltd Trustees, Repoi't Structui'e, Govei'nAnee aiid Management Age UK Bradfoi'd District {AUICBD) is a coinpany liinited by guarantee govei'ned by its Memoi'anduin and Articles of Association dated 21 July 1993 aiid aniended to allow for cui'i'eiit goveriiaiice ari'aiigei)iei)ts on 30 Septeiiiber 2019. It is I'egislered as a cliai'ity with the Cliai'ity Commission. Tl)e cliarity I'emaii)s and will reiiiaii) ali indepeiidei)t local cl)ai'ity. Appointment of Ti'iistees Tl)e Officers {Chair and Vice Cliaii. and ordinary Trustee Boai'd Inembei's al'e elected foi- up to 3 tem15 not exceeding 8 yeai's in total. Co-opted niembers (up to 4) seiwe foi. one year. Ti'uslee Induction and Traiiiing New Ti'ustees (and ¢xisliiig Trustees) al'e indueted to ii)foi'm tl)em of Iheii. legal obligations uiidei. cliai'ity and eompai)y law; Ilie govei'ning dociiments- slriictures, coiiimittees and decision i)iaking pi'ocesses, planning, monitoring and I'eview ari?i)geiiieiits aiid the pei'foi-iiiance of the chai'ity agaii)st its cui'rent biisiness plan 8iid finaiicial lai'gets. Tl)e induction aiid ti'ainii)g prograiiimes wei'e reviewed in 2023 and now includes meetings witt) represeiitatives of staff and voluntary suppoi't teain n)embers. Ii) addition updates fi'oni the Cl)arity Coiniiiissioii al'e iiicluded as an ageiida itein at eacl) boai'd Ineeting. Given Il)e iiumber of iiew Ii'ustees joining the Board ii) 2024 an induction session was held witli t]ieni, existing li￿sleeS and led by Age UK Natioi)al's Finaiicial Goveriiaiice Manager and Head of Quality. The Chai'ity also suppoits its Trustees Éo be involved in Age UK National Jnd Age UK Yorksliii'elHumbei' Region and oÉliei' organisation's training and events. Oi'ganisation The Trustee Board adniinisleis Il)e charity. In tlie year under review tlie Board niet on a bi-iiiontl)ly basis supported by coiiii)iittees providiiig n)ore focussed analysis and scrutiiiy. The coinmittee structui'e ivas reviewed in July 2021 and die followiiig establislied after tlie AGM iii October 2021.. Business Developiiient & Opei'ations Fiiiaiice Coiiiniittee People & Oi'ganisational Developinenl All Trustees give tlieir tin)e as Trustees volui)lai'ily. Any expenses clain)ed by tlie Ti'ustees al'e set out in note l O to tlie accounts. Key mailagemeiit Tlie Ii'ustees considei- tl)e Senioi. Leadersliip Teai)I, consistiiig of 2 posts, as coiiiprising the key Inai)agement pei'soniiel of the chai-ity in cl)arge of directing and ¢oi)tiolliiig tl)e cliarity and I'unnit)g and operatii)g tlie cl)ai'ity on a day to day basis. Tlie posts al'e Cliief Executive and Deputy Chief Executive. Tlie pay of all Il)e chRI'ity's einployees is I'eviewed aniiually. Tl)e rei))unei'ation is also conipai'ed witli el)arilies of a siii)ilai- size and activity to eiisure Iliat Ilie I'emuneiatioii set is fair ai)d iiot out of lii)e willi tliat generally paid foi. si5)iilar roles. Salaiy increases liave been awarded in liiie ivitli slatlltoiy it)creases iii t]ie natioi)al minimuiy) wage aiid in 2022 tliei'e was also a I'egi'ading of certaiii staff salai'ies iii order to eslablisli pai'ity betiveei) I'oles of a siinilai. respoiisibility. Tlie boai'd is coiiin)itled to continuii)g to develop aiid ii)Ipi'ove staff salary levels wliei'e it is financially possible to do so. Risk Maiiagejnent Tl)e Trustees l)ave a I'isk nianagenient strateuy wliicli compi'ises ali ani)ual I'evi¢w of Ilie risks wliieli tlie cl)ai'ity niay face. Tliis feeds into Ilie business continuity plan. Page 3 Age UK Bradford Disti'ict Ltd Trustees, Report Risk Management is ovei'seen by Ilie Boai'd witli eacl) Conimittee taking I'esponsibility foi. preparing and moniloi'ing Il)e i'isks ii) theii. ai'ea of work and bi'inging tl)ese to tlie attentioii of the board. Eacl) yeai- tl)e comn)ittees advise Ilie Boai'd on tnatteis relatii)g to the management of risk by: idei)tifyiiig tl)e niajoi. risks that apply lo Ilie chai'ity. • IJ)aking I'ecott)i))ei)dations about Iiow to respond to ai)d iknitioate risks, recoinmending ai) appiopi'iate stateiiieiit I'egarding risk Ihanageinent in the Annual Repoi'l, identifying 'owneisliip" of tl)e I'isk within tlie Chai'ily's manageiJ)ent teain and Ti'ustee con)i)iittees reviewing and adapting tl)e biisiness continuity plaii as appropi'iate In I'eviewiiig risks, the Trustees have taken into account the iinpact of staff vacancies and Staff ai)d support team In¢nibei' sicki)ess levels and the iiicreasing cllallenges aiouiid recruitiiient of staff. The l)igliest risks identified in 2024 wei'e aroui)d inconie genei'2tioii targets not being achieved, ability to Inaiiilain Hub Openino linies, i)ol iiiaintaii)ii) voluntaiy suppoit teain meiiibei. levels aiid business continuity planning not being sufficient to meet Ilie situations needs. Tl)ese al'e addi'essed by daily monitoi'ing of iiicoine geiiei'ation targets and regLilai'ly I'eporling to Ilie Finance Conimittee, I'eviewing suppoi'l teani i))einbei' retei)lion and reci￿ltment plans aiid a I'eview of tlie Busii)ess Coi)tinuity Plan. Trustees eontinue to believe tliat Il)e Cl)ai-ity's engageinent locally, along with its involveiment will) Age UIC nationally ensure effective knowledge sl)aring ai)d iiifluenciiig in tei'ms of policy decisioiis affectiiig people ii) later life. Health and safety risk assessments are cari'ied out annually. This is in addition to reviewiiig any 'iiear inisses, oi. significant iiicideiils. Tliese assessments are stored at all locations across Ilie orgaiiisatioii and all site repi'esentatives l)ave undergone ti2iiiing on Healili and Safety and I'isk Iiianagemenl. Tliei'e is a holistic approacli to risk within the oi'ganisation with additional i'isk i)ianagement piDtocols in the forin of; COSHH, lone working, fil'e I'isk, individual employee and support team meiiiber assessinents. Tlie pioeess is ovei'seen by tlie designated Healtli and Safety officei.. Audit processes and I'ecoi'diiig tools al'e utilised to review site risks on a daily, weekly. Inonthly, six Inonilily ai)d annual basis. The organisalion coiiiplies will) Il)e West and Norili Yorkshire Adult Safeauarding piocedures. All staff witl)in Ilie oi'gai)isalion are expeeted lo alteiid Safeguarding Ii'aii)ing as a Inandatoiy requirei))ent. All existing staff l)ave now attended this Ii'aining. Fuithei'iJ)oi'e designated Safeguai'dii)g Officei's al'e iii place lo suppoi'l and i'eview any Safeguai'ding concerns and ensiii'e effective impleinentation of the associated Safeguai-ding policies. In 2022 tlie Boai'd appoiiited a trustee to lead on issues relating to safeguai'dii)g. The Cliarity lakes Ilie safety of all staff, suppoit teaiii n)eii)bers and Il)e people we ivork witli very seriously. Persoiial Safety aiid Loi)e workiiig reniain a pi'iority. This is also reflected in tlie lone workei. policy, risk assessilient and Ii'aining scliedule. Objectives Activities Serving all the ai'eas of Bi'adfoi'd, Keigliley & Ilkley, Sl)ipley & Bingl¢y AUKBD is botli a local ¢l)arity and a iietwoi'k pai'tner of Age UK National. Oui. iiiission is to ei)3ble, eiiipower and support people to live well as active, engaged and iiiflueiitial Ineinbei's of tl)eir coiiiinunilies. We will work to ei)sui'e tl)al eveiyone's coi)Ii'ibution is valued and Iliat ii)dividuals aild tl)eir coiiiinunilies piovide niutual suppoi'l wliich pi'oinotes iiidepeiidence, inclusion, clioice ai)d ¢onti'ol. Our ambition is to build on Il)e oppoi'lunities pi-ovided by tlie divei'se coiniiiunilies that compi'ise Bi'adford District to meet the prioi'ities and ¢l)allenges ideiitified by people in tl)ese coiniiiunities and to help older people iii tl)e disti'ict to live theii. best life. We cannot acl)ieve this aloi)e. or indeed wiilioul oui. valiied pai'tners in the voluiitaiy and coi)Iniunity sector oi. tl)e public sectoi.. It Is an ainbition tl)at aiiiis to ei)able iiidividuals aiid coiniiiunities to becoi)ie liubs of self lielp and support, addressing isolatioii, pioi)iotii)g ii)depei)deiice, inclusion, clioice ai)d eonli'ol and ei)abliiig wellbeing, coiifident iii Il)eii' voice to infliieiice tlie cii'CLllllStances atid enviioniiient in wliicl) Iliey live. PAge 4 Age UK Bradford District Ltd Ti'ustees, Report Age UK Bi'adfoi'd District will listen to, engage and woi'k with oldei. people and Élieir fi'iends and families. The fociis is oli eiiablii)g, eiiipowei'ing and suppoiliiig theiii lo I'eniaiii ii)depeiident, active and engaged Iiieiiibers of tlieir communities, both reeeiving aiid piovidiiig tl)e suppoit and activities tliey ideiilify that they need aiid whicli ale tlieir cliosen prioriti¢s. Tl)is is in line iviili our organisatioiial values wliicli were reviewed in Januaiy 2025 and it was agi-eed Iliat AUKBD is: Pei'son Centred.. o We will listen lo, engage and work witli people lo identify and develop tl)eii' own solutions and responses o We will listen to people to fiiid out what is iiiipoi'lailt lo tliem Inclusive: o Ive valiie everyone o We ti'eat people witl) diunity and compassion o We will treat people as iiidividu2ls witli tlieii. own ui)ique expei'iences aiid sti'engtlis • Eii)powei'ing'. o We support people to Inake tlieir owii decisioiis o We will enable people and theii- communities to pi'ovide iiiutual support Coniiected o We are one team o We are collaborative o We are bettei. wlien we work togetl)ei' o We involve & link people and Ilieii. coiiiinunities in shaping what we do Auihei)tic o We will be genuine 2nd realistic about what we do aiid what we can offei., o We will be dependable ai)d ieliable o We will be transpai'eiit These ale uiiderpiiined by a chaiter of promises to the people we woi'k witl) wl)ich ¢oi))Inils eveiyone a¢ AUKBD to ensui'e that: You're listened Co and ti'eated wit]) digiiity and compassion • Youi. faiili aiid culiui'e al'e I'espected aiid valued You will not be discriminated atsainst on any basis • You're at Il)e lieait of decisions about your life, we will work witli you to explore your oplioi)s and suppoit you to iinpleii)eiit your choices and decisions You can use youi. expei'ience to lielp shape, develop, deliver and iii)piove pi'ojects We will listen to YOLI cai'efully and respond to yoii needs promptly We will riot make assLllllPtions about yOLlI' needs oi. abilities Wliere we ean't help, we ivill assist you to access tlie ii)ost appropriate suppoit for youi. needs We will put youi. interests, needs and elioices first li) ordei. to iinpleiiient Il)e oi'ganisatioiis vision and Inissioii Age UK Bradfoi'd Disti'ict will focus on 5 strategic aiiiis wliicli wei'e I'evieived in Decembei. 2023.. We will create a siistainable. vibi'aiit and ￿'oWIng oi'ganization Building on stroiig foui)datioi)s to becoine Ilie 'go to, place for all issues ott ageing, being a gi'eat place to work ki)d suppoi't team tt)ember and wliere all stakelioldeis are ii)volved in planiiii)u aiid secui'ing oui. future. We will extend oui. I'eacli aiid iiiipact across all eoi))iiiuiiities Page 5 Age UK Bradford District Ltd Trustees, Repoi't Increasing Il)e niinibers of people we assist acioss all coi)Imiinities. iinproving tl)e accessibility, availability, bei)efit and iinpact of our woi'k. We will delivei. pei'son-ceiiti'ed, co-produced approaches, woi'kii)g with tl)e assets of the people & comi))ui)iti¢s setved Putting people at the centi'e of wliat we do, co-producing activities ai)d enablii)g individuals aiid coiniiiunities to piovide niutual suppoit based 01) Il)e resources and assets available within coi)Imunities. > We will inci'ease incoine Increasii)g I'elail aiid fuiidraising levels and involvei)ient in fuiidi?isiiig acioss all Stakelioldel￿. We will iiiipi'ove systems and preinises Iii)pioving and developing our pi'eiiiises and Il)e efficiency of oui. systems. Age UK Bradfoi'd District is cominitted to being inclusive in all its activities and to ensui'ing tliat all aspects of the orgaiiisation reflect Ilie diveise Iialure of the communities we seive. Tliis lias already led lo Ilie successful ei'eation and developmeiit of six Coinmunity Hubs based in eacli of the 5 21'e35 of Bradfoi'd Dislriet wliieli aiiii of to work woi'kii)g iii partnersl)ip will) older people aiid Il)eii' eoiminuiiities aiid respondii)g to tlieii. request foi. local, accessible seiviees within tl)eir comniui)ities. Each Cominunity Hub consists of teai))s of staff represeiiting diffei'ent areas of oui. work and al'e focussed on ei)abling, delivering and Iinpactiiig for the benefit of oldei. people and their coiiiniuiiities IMPACTING.. Old¢r poople feel h•*lthlef. less alon•, happl•r. morè nn•¢t•d, flnancl•lly. 3ecur¥ mor• Indop•ndèni ENABLING: Fundialsln& Rot811, MarkeUn& Inlluencln Innovatlon & Developmont DELIVERING: Inlomiatlon, Help & Support Advt¢o& Ca5ewoTk A¢ttvllle$ & Group$ Page 6 Age UK Bradford District Ltd Trustees, Report These Ihiee ai'eas of woi'k are co-dependent and ii)tegral to tlie work of each of tlie Community Hubs and are Il)e al'ea5 on whicli tl)¢ii' work and acliievements will be assessed. The six Coiiiii)uiiity Hubs al'e based in the followina areas.. Bi'adfoi'd East, Idle > Bi'adfoi'd South, Queeiisbury Bi?dfoi'd Wesl, Alleiton > l Shipley and Biiigley Hub, Shipley > Wi'ose and Windhill Hub, Wiose In eacl) Comiiiuiiity Hub people can coiitribute to oi. access all aspects of oui. work locally and we al'e coinii)itted to the developinent beyond each Hub lo tlie wider coi)Iinunities ai)d ai'eas eacli of tl)ei)) seive. Enabliiig Tl)is is the foui)datioii on wliich all of the chai'ity's work and ils Hubs al'e based. Tl)is work enables the delivery of the organisation's work and the iiiipacls we al'e able to liave aiid is ii)tegral to its success. Incoiiie Gei)eration Fundi'aising Retail incoine > Se¢ui'ing grani fuiiding > Partneisliip developinent Marketing and Public Relations Profile raisino Bl'and development and piDI))otion Media proinotion including social Iiiedia Maintenaiice and development of tlie websile ai)d onlii)e Cai)Ipaigns and awareness evei)ts Ii)novation aiid Developinent Ideiitifying, tesÉii)g aiid piloting ii)novative new projects aiid appioaclies to test Ilieir 'fit' witl) our appi'oach and capacity to Iiiove to opei'ational biisiness as usiial functions Delivei'iiig We al'e elear Iliat Age UK Bradford Disti'ict will deliver witliin key ai'eas Il)at l)ave beet) developed as a result of tlie prioi'ities identified by people in latei. wl)icli al'e.. InfotThation'. pi'ovidiiig coiisistent iiifoi'ii)atioii poiiits aci'oss all wards to coni)eet people to tlie infoi'i)iatioii tl)ey need to liave choice aiid coiitrol providing a lisleniiig eai. and sonieone to have a quick eliat > access to our Ti'usled Ti?der ieuister foi. iepairs, Inaiiilei)ance and oihei. services including uai'dening sei'vices, hoi))e adaptations and cleai)ii)g sigiipostiiig people to services, activities and eveiits ii) tlieir coi)11))uiiity wliere Iliey knoiy wliat tl)ey want Page 7 Age UK Bi"adford District Ltd Trustees, Report providiiig a li'iage suppoit linfoi'ination+ sei'vice lo help people explore tl)eii' needs, tl)e Inost appropi'iftte response and enabliiig tlieir access to theiii Help & Support > one to oiie support, confidence buildii)g and fi'iendsliip linking people's skills, inlei'ests and abilities willi people wlio need tliei)I tlirougli support teaiii iiiember oppoitunities, coininunity buddies and i)eiglibourliood cliAinpions ensiii'ing tliat oldei. people's voices are lieard by those making decisions tl)at affect youi. tlieii. community Advice & Casewoi'k > conne¢tiiig people to ai)d pioviding tlie advice ai)d casework suppoi'l to make decisions their lives helpin ¥ people lo be legally and finaiicially secure A¢tivities and Gi'oups > social gi'oups, activities and events I'iii) by older people. witli older people and foi. older people leai'niilg ai)d sl)aring skills and intei'est5 giviiig people a voice to influence and cainpaign for the developiiient and iinpioveinent of theii. coiiimunities ImpAttiiig Age UK Bi'adfoi'd District focusses on people, leai'ning about and building on theii. individual sli'engtl)s, expei'iences, inleresls and abilities, wliatevei. coi)Iiiiunity they live iii or al'e pai't of. Oldei- people liave told us wl)at tliey want froni Age UK Bradford District and Olir aini is to deliver the ii)Ipacts tl)ey have idenlified and to make sui'e tl)at older people.. > Feel l)ealthier > Feel less alone > Feel like tiiei)Iselv¢s a(Yaiii > Are n)oi'e financially secui'e Are more coni)eeted Are more independent > Feel liappiei- Locally AUKBD works with a widei. range of older people's organisalioils and netwoi'ks, and with a great nuii)ber of oÉiier statutory sector aiid volunlaiy sector parlneis - including Bradford Metropolilxn Disti'ict Coui)cil Dept. of Adult & Comii)unity Services, the Depaitn)ent of Woi'k & Pei)sions, Housiiig Bei)efils. Nationally and I'egionally Ilie Cliarity was a Ineiiiber of the Age England Association durii)g 2025 pi'ioi. to ils dissoliition. Wheii I'eviewiiig Il)e ain)s aild objectives of tlie Cllarity and planniiig future activities the Triistees liave coii)plied with the duty li) section 17 of tlie Cliarilies Act 2011 10 l)ave due I'egard lo public benefit guidance publislied by Ille Coii)i))ission. Acliievements Aild Pei'foi'iiiAiice Dui'ing the yeai. tlie Trustees reviewed Il)e cliarity's activities, maiiagenient and financial position. This included inliodueing a governance ai)d ineetiiig plaii to eiisui'e coinpliaiice witl) tlie Cliarity Quality Staiidai'd. This was awai'ded in 2023 foi. a tl)ree year period ai)d tliis award wliicli ¢ei'tifies tliat our oi'gaiiisation is well goveriied and ijianaged. l)as a clear dii'ection ai)d strategy. and is ¢oini))itted to ensuring the well-beiiig and safety of oldei. people. our staff aiid suppoi't team nieinbei's. During 20241?025 tlie team at AUKBD SLlPPOI'led 13,329 oldei. people liaving 21,067 eoniacts will) tlieni, compared to 15,199 oldei. people witli 19,928 eoiitacts witli Ihein in 202312024. Page 8 Age UK Bradford District Ltd Trustees, Report Ai'ea of woi'k: No of oldei. people 202412025 Infoi'malioi) 11,989 Help & Support 45 Advice & Casework 1,086 A¢livities/GI'oups 119 Over £1.51ii ivas secured in backdated welfare bei)efits for people wl)icli l)elps not only local older people, Il)eii' lioiiseholds and faiiiily but also tlie local econoiiiy. Tl)is woi'k is delivered Iliougl) 6 Coiniliunity Hubs based across Bradfoi'd, Keighley and Sl)ipley and a team of 26 staff and just iiiider 100 suppoit teain niembei's. 83 % of people who received suppoi'l fioni tlie teaiiis at AUKBD said tliat Il)is had had a positive iiiipact on their lives repoitints that tliey felt.. Less alone More like Iliemselves again More financially secure More coni)ected Healtliier Mol'e iiidependei)t Managemeiit Tl)e Trustees are pleased to report'.- Busiiiess Plaiining Tliis is continually under review. Tlie Boai'd iiiet for a sli'ate(r update Ilie curi'eiit strategy to 202712028. y plant)ing nieeling in January 2025 10 review the and Quality Staiidards The Cl)arity iiiainlained the Chai'ity Quality Standard and the Quality Advice Standard following external assessinents durii)g 2023124. This is valid until 2026. Policies ai)d Procedures An ongoing I'eview and iipdate of policies and piocedures was Inaintained tl)I'ougli tlie pei'iod. The Tei'ims of Reference foi. all our sub-coniinittees aiid advisoiy committees al'e revieived aniiiially. Tlie Employee Handbool< aiid SLlPPOIt Teai)i Meiiibei. Handbook al'e Contiiiuously reviewed and updated. Staff have easy access to this aiid a nuinber of otliei. key docunieiils and resoui'ces. Facilitie5 Tlie Chai-ity continues lo look at ways lo develop botli prei)iises and tlie IT ii)fi'asti-uctui'e. Durii)g tlie yeai. significaiit iiiiproveiiients wei'e Inade to tlie preinises at Qiieensbiiry and a new IT support pi'ovidei. was appointed to being service pi'ovision fioin Api'il 2024. Page 9 Age UK Bradford District Ltd Trustees, Report Finaiicial I'evleiv Net incoii)e sliows a deficit of £167,874 foi. Ilie year, made lip of a deficit of £37,855 on i'estricted funds and a deficit of £130,019 on gei)ei'al uiii'eslricled fui)ds. Total funds at 31 March 2025 weir £lJ4,230, of wl)ich £41.367 wei'e I'eslricted. AUKBD recognises Iliat 202412025 was a cliallengino yeai. financially for the chai'ity witl) a significant fall in its reserves due lo tlie inci'easiiigly el)alleiioing enviroi)iiient in wliicli cl)81-ities opei'ate. Foi. AUKBD tliis was compounded by an increase in unplaiined staff abseiices and vacai)cies These cliallenge5 continue and l)ave been taken into accoiint in setting the budget foi- 202512026. This incliides the inci'ease in tlie national n)iiiiiTrium wage and einployers iiational insui'ance conts'ibiitioi)s wliicli added an additional £30,000 to tl)e budget. The budget agreed for 2025126 focusses on: Iicoine largels that are I'ealistic and based on wliat we know is achievable based on previous expei'ience aiid a reworking of tlie incoi))e generation iiiodel Reducing expenditiire wliere possible and wliere Iliis doesn't impact on our focus and ability to raise income and delivei. essential existing sei'vices to beneficiai'ies The intioduction of iobust finance and budget reporting systems wl)ich will provide more detailed Inanageinent accounts aiid pi'ojectioiis. Casl)flow is a key tool to ensure effective managemeiit and iiionitorii)g of our fiiiances and we are slai'ting to see tlie benefit of changes 11)2de in the budget froin ali operational and budget pei'spective. Tliis will coi)tiiiue lo be Inonitored Ilii'ougliout tlie year. Trustees ai)d the Senior Manageiiieiit Teain al'e aware tl)at ii) moving forward into 202612027 a key pi'ioi'ity will be to increase uiirestricted I.ese￿e levels inline wilh our policy. Policjy on reserves Tl)e boai-d has establisl)ed a policy whereby tl)e uni'esti'icted funds not coinniitted oi. invested in tangible fixed assets (tl)e fl'ee I'eserves) held by Il)e ¢l)arity sl)ould be equivalent lo 3 iiiont]is of tl)e general runnii)g costs. At preset)t tlie chai'ity lias free reseiw¢s of £63,189 aftei. tlie designation of funds set out iii Note 18 10 Ilie aceouiits, the piovision foi. Il)e pei)sioi) liability and after deducting restricted fuilds and fixed assets. Tlie I'eserves policy was reviewed in Julie 2025. Ti'ustees recognise tliat reserves al'e not wliei'e Iliey would wailt Il)em lo be and liave developed die Buildii)g a Stronger Fiiture prog1711I1ne in response to tliis. Jiivesliiieiilpolicy aiid objéelives Tl)e Ti'LJslees I'egulai'ly cl)eek tlie l'ates achieved on funds deposited aild the coi)stitution gives Ti'uslees tlie poweis to move funds if I'equired. A banking I'eview took place dui'iiig 2021 and a new bank account witl) Unity Trust Bai)k was opened in January 2023. A fui'tlier bank account was opeiied witl) Batl) Biiilding Society in Janiiaiy 2024. Page 10 Age UK Bradford DistR'ict Ltd Trustees, Repoi"t Plans for future periods Aiiiis aiid key objecliiiesfoi'fiiliire pei'iods Age UK Bi'adfoi'd Disti'ict has oli¢ clear goal, to eiisui'e that older people across Bradfoi'd Disti'ict cali live their best possible life li) age fri¢iidly con)niuiiities where everyoiie's future is valued. To acliieve tliis we l)ave 3 pi'ioi'ities as we look to tlle futui'e.. To ensui'e tli¢ oiigoing safety and wellbeing of Ilie AUKBD tean) tl)ioiigh Iiionitoring risks and ensui'ing eonsultatioii on and effective communicatioii of guidai)¢e to pi'otect staff, suppoi'l teain n)embers and the people we suppoit. To ei)sui'e that we slreiigihei) and consolidate oui. fiiiancial positioii. We will contii)ue sti'ingeiit Iiioiiiloriiig of our ¢asl)flow and budgets it) line witli oui. financial procedui'es. Looking foi'w81'd lo Il)e next fiiiai)cial yeai. 2026 10 2027 tlie Directors liave no i'easoii to believe Ilial tlie cl)arity will not continue to be a going coiieern. Tl)e ii)Ipleinenlatioi) of tl)e Bliilding a Sti'oi)gei' Futui-e piogi?mme fioill l November 2025 will see a I'eduction in expenditure this yeai. and aims to ensui'e a balanced budget for 2026127 pioviding a siii'plus witli whicli lo iinpiove i'esei've levels. To maiiitain aiid develop, as oppoi'lunities and resources allow, Ilie delivery of our key fuiictioi)s in each Coii)iiiuiiity and in response to those coiiiiiiunities iieeds. The developmeiit of oui. Con)iiiui)ity Hubs will contiiiue to be the Inain focus to increase Ihe offer each Con)Inui)ity Hub can niake to tlie people iii tl)eii' coniiiiunities both froiii witliiii Il)e liub and beyond. Small eompanie5 provision statement Tliis report lias beeii prepared iii accordance with the special piovisioiis I'elating lo companies subject to the sn)all coi)Ipanies regiine witl)iii Part 15 of tlie Coinpanies Act 2006. Tlie anniial i'epoit was appi'oved by the trustees of ihe cliarity on 2 Deceinber 2025 and signed on its behalf by.. Joaniie Volpe Cliaii. and ti'ustee Page 11 Age UK Bradford District Ltd Independent Examiner's Report to the trustees of Age UK Bradford District Ltd ('the Company,) I ieporl to the charity trustees on my exainination of Ilie a¢counts of the Company foi. the year ended 31 Mai'¢h 2025. Responsibilities And basis of I'eport As tlie cliarity's trustees of the Company (and also its directors for the putyoses of eompany law) you al'e responsibl¢ for the preparation of the accounts in aceoi'dance willi the requii'ements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself tl)at the accounts of the CoiJ]pany are not requiird to be alldited under Part 16 of tlie 2006 Act and al'e eligible for ii)dependent examination, I repoit in respect of Iny examination of your cl)arity's accounts as cai'ried out undei. section 145 of the Charities Act 2011 ('the 201 l Act,). In carrying out my examination I have followed the Dii'ections given by the Charity Comniission under section 145(5)(b) of the 201 l Act. Independent exAmiller'5 Statement Since the Company's gross income exceeded £250,000 your examiner niust be a nieinbei. of a body listed in section 145 of tl)e 201 l Act. l ¢onfii'm that l am qualified to undertake the exaininatioii because l ain a meinber of liidepeiident Exaiiiinei., which is one of the listed bodies. I have conipleted niy exaiiiinalioii. l confirm that no matters have come to my attention in connection with tlie exaininalion giving me cause lo believe.. aecountiiig records were not kept in respect of Age UK Bradfoi'd District Ltd as required by section 386 of the 2006 Act; or 2. tl)e a¢counls do not accord with those I'ecoi'ds. or 3. the accounts do not comply with tl)e accounting requirements of section 396 of tlie 2006 Act other Ihan any requirement that the a¢counls give a 'true ai)d fair view, whicl) is not a matter considered as part of an independent exaniinalion. or 4. tlie accounts have not been pi'epai'ed in aceoi'dance with tl)e methods and pi'inciples of the Statement of Recommended Practice for accouiiting aiid I'eporting by charities [applicable to charities preparing theii. accounts in accordance witli ilie Financial Reporting Standard applicable in the UK and Republic of li'eland {FRS 102)]. I have no concems and liave ￿me across no other matters in connection with tlie exan)ination to which attention sliould be drawn in tliis i'epoit in oi-dei. to enable a pi'opei. understanding of the accounts to be l'eached. Mai-k C Wilcoc Independent Exatniner Watson Buckle Liniited Chartered Accountants Bradford FCA 2 December 2025 Page 12 Age UK Bradford District Ltd Statement of Fxiiaiicial Activities for the Year Ended 31 mai.cli 2025 (Including Income and ExpenditUR'e Account and Statement of Total Recognised Gains and Losses) Uni'estricted fuiids Resti'ieted funds Total 2025 TotAI 2024 Note Inconie ajid Endoivments from: Doi)ations and legacies Cl)arilable activities Oihei. trading activities Inveslmenls 28,449 26,399 424,968 4,224 28,449 215,242 424,968 4,224 27.880 251,349 416,148 3,971 188,843 Total ii)coine 484,040 188,843 672,883 699.i48 Expenditui'e on: Raising funds Cliai'ilable activities (239,441) {374,618) (239,441) (601,316) (368,628) (510,551) (226,698) Total expenditui'e Net expeiiditure Otlier J'ecognised gains and losses Actuai'ial gains on defined beiiefit pensioi) schemes {614,059) (226,698) (840,757) (879,179) (130,019) (37,855) {167,874) (179,831) Net Inovement in fuiid5 (130,019) (37,855) (167,874) (179,832) Reconeiliatioii of funds Total flinds broiight foi'wai'd 222,882 79,222 302,104 481,936 Total fuiids eari'ied foi'ward 92,863 41,367 134,230 302,104 All of Il)e chai'ity's activities derive froi)) continiiing operatioi)s dui'ing the above two pei'iods. Tlie funds breakdown foi. 2025 is sl)own in note 18. Tlie notes on pages 16 10 29 foi'iii an integi'al part of tliese fiiiai)cial stalei)iei)Is. Page 13 Age UIC Bradford District Ltd (Registration number: 02646454) Balaiice Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tanoible assets 12 29,351 30,772 Cui'i'ent Assets Debtois Casli at baiik and ii) Eland 13 64,244 102,228 108,916 220,705 166,472 329,621 Creditoi's: Ainounts fAlliiig due within one year 14 Net cui'i'ent assets {58,658) {58,289) 107,814 271,332 TotAI assets less eui'rent liabilities 137,165 302,104 Ci'editoi's: Amounts falling due Aftei. Inore th2n one year 15 (2,935) Net assets 134,230 302,104 Funds of the chaj'ity: Resti'icted income funds Restricted fiinds 41,367 79,222 Unj'estrieted income funds Unrestricted funds 92,863 222,882 Total funds 18 134,230 302,104 Foi- Ilie finaiicial yeai. ending 31 Mai'cli 2025 tlie el)ai'ity was entitled to exeniptioi) froin audit Lindei. section 477 of th¢ Coinpanies Act 2006 relating to sinall coiiipai)ies. Direcloi's, I'esponsibilities-. Tlie Inembers liave not required Il)e cl)ai'ity lo obiaii) an audit of its aC￿￿ntS foi. tl)e year iii question in accoi'dance willi sectioii 476. and The dii'ectors acknowledge their I'esponsibilities foi. complying witl) the requireijients of Ilie Act witt) I'espect to ac¢ouiiting recoi'ds and tlie prepai'alioii of accounts. Tl)e finai)cial stateinents on pages 13 10 29 were approved by tl)e Ii'ustees, and authoi'ised foi. issue on 2 Decei)Ibei' 2025 aiid signed 01) theii. bel)alf by.. Joanne Volpe Cl)air aiid Ii'iistee Tl)e notes on pages 16 10 29 foriii an ii)tegi'al parl of tl)ese fiiiaiicial slatei))ei)Is. Pag¢ 14 Age UK Bradford District Ltd StAtement of Casli Flows for tlie Year Elided 31 March 2025 2025 2024 CAsh flows ft'om operatiiig activities Net cash expenditure Adjustineiits to cAsli t]ows fi'oni noii-eash iteins Depi'eciation Investiiieiit income Pension sclien)e adjustments {167,874) {179,831) 3,976 (4,224) 3,331 (3,971) (2,149) (182,620) (168,122) Woi'l