AGE Mansfleld Annual Report, Receipts & Payments Account and Statement of Assets & Liabilities st For the year ended 31 March 2025 Age Concern Mansfield Registered Charity number 1026460 lonall lank A e Concern Mansfield the Trustees for th? Year Ended 318t March 2025 R• The Trustees present their report and financial statements for the year ended 31 st March 2025 Referonco and Admlnl8tratlve Infomiatlon Charity Name.. Age Concern Mansfield Charity Registration Number.. 1026460 Principal Address.. 167 Wesffield Lane Mansfield Nottinghamshire NG19 6EH Trustee• Mrs M A Sharpe MrAAMunn Mr A Hall Mrs C G 8811 Mr S Bramley Mrs A Morgan Mrs L Short Chair Secretary Treasurer Trustee Trustee Trustee Trusiee Trustee roles were unchanged during the year. Ind•p•nd•nt Examln•r Mr I Pearce, 7 Berry Hill Gardens, Mansfield, Notts NG18 4HQ Bank Na￿est Bank Plc, 9 Church Street, Mansfield, Notts NG18 1AF Governlng Document The Charity is operated under the rules of its original Constitution dated 131n May 1992, as amended by resolution on 7th November 2007. The overall management of the Charity IS the responsibility of the Trustees who are elected and co-opted under the ternis of the Constitution. Day to day project activity Is managed and carried out by the volunteers and paid staff. Alm8 and Organlsatlon The principal object of the Charity is to promote the relief ofelderly people in any Manner, which now or hereafter may be deemed by law to be charitable in and around Mansfield in particular, by the provision and operation of day care facilities for elderly people. Actlvltle• During the year one of our day centres that had for many years been operated on a Wednesday in Mansfield had to close. The Centre organiser retired, and despite our efforts, we were not able to find a suitable replacement. We thank Mrs Vmlkinson for all her dedication and professionalism over the past 25 years. INe now carry out all of our principal activities within the tsvo remaining Day Centres across Mansfield and Mansfield Woodhouse. The centre in Mansfield opens for 1 day per week, for friendship. activities and a hot meal. The activities include the provision of bingo, raffles, entertainment, occasional outings, and seasonal parties. The day centre at Mansfield Woodhouse opens for 2 days per week. One day covers the same activities as those in Mansfield, the other day is run as a craft workshop and provides a further social outlet and support for elderly local residents. Activities are organised and supervised with the help of volunteers. During the year the Charity had 19 volunteers who had given their time. The Trustees keep in mind the Charity Commission's guidance on PubliG Benefit, whenever they are planning activities for the year. A e Concern Mansfield ort of th• Tru8 f r th Year Endèd 314t March 202 Summary of the maln achlevements durlng the perfod The work of the Charity SUPPOrted 65 individuals (Members) throughout the year within the 3 Day Centres that were open for some or all of the year. The Centres provide their elderly Members with activities, entertainment, a wholesome lunch, trips out, and most importantly, friendship and companionship- a particularly vital element for those of our Members who live alone. The Charity's Trustees remain aware of their fiscal responsibilities with regards to the organisation of the charity, maintaining tight control of costs, attracting voluntary charitsble income where possible and supporting the well- being of the members across all its centres. Two of the day centres were, during the year, organised and managed by part-time paid members of staff, all other management and operational roles across the charity are undertaken by Trustees and volunteers. The Trustees remain grateful for the expertise, caring and commitment that everyone brings to the running of the Centres. The Receipts and Payments Account shows a net deficit of £2,464 in the year, but this was an improvement on the £3,545 deficit for the previous year, Raising charitable funds continues to represent a challenge, although we did receive £4,500 from Charitable Trusts in the year. Cash and Bank holdings at the year-end stood at £11,090. The overall position of the Charity remains healthy and there are no major concerns about its financial position going fonvard, although the Trustees have prudently reviewed their Reserves Policy. Fundralslng During the year we received donations of £2,000 from the Sir John Eastwood Foundation and The Fifty Club. We also received £500 from The Jessie Spencer Trust. We are grateful to all of the charitable organisations for their vital financial support. We also received £290 from local and County Councillors. Other Donations during the year totalled £2,044. In addition, the day centres themselves raised £6,642 through their own fundraising efforts. The Charlty'8 Pollcy on Re8erve8 The Charity's policy on reserves has been reviewed by the Trustees. They have decided that the size of Reserves should be increased to 'Half the level of all costs incurred by the Charity in the previous financial yearf. Vthilst the Charity has a low level of fixed costs lit is noteworthy that we do not own, lease or rent propety and going forward the charity is only committed to employing one part-time member of stsffj, this revised policy is seen by the Trustees as prudent in the current financial climate. V¥hilst this new measure is notcurrently being met, we have plans in place to increase applications forcharitable funding, which if successful will ensure that Resep48s will increase in the future The Charity's Trustees declare that they have approved the content of this Report, and this is confirmed on their behalf by.. Slgn•d: Mrn M A Sharpe- Trustee Indo endent Examlner'8 re rt on tho accounts Ro nd ort to the tru8t••• of A o Cone•rn Mansfleld whi eharl No. 1026460 on the •c¢ounl• for tho •ar I report to the trustees on my examination of the accounts of the above charity ('the Trust.) for the year ended 31•t March 2025. Respoctlve r•8pon8lbllltlos and ba818 of report As the charity trustees of the Trust, YOU are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act'>. I report in respect of my examination of the Trust's accounts carrled out under sectlon 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145151{b) of the Act. Independont oxamlner'8 Statement I have completed my examination. I confirm that no material matters have come to my attention, in connection with the examination, which gives me cause to believe that in, any material respect.. accountlng records were not kept in accordance with section 130 of the Act, or the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed.. Date.. 2ci25 Mr I Pearce 7 Berry Hill Gardens Mansfield Notts NG18 4HQ ern Mansfield ments accounts ri12024 to 31" March 2025 Recel ts and eriod fr m11tA For tha Unro8trlct8d Fund8 Restrfctod Fund8 Total Fund8 For Yoar Last Y•ar Noto Recelpts Grants and t)onations Fundraising Catered Meals Transport Activities and Trips Membership Dividends on Shares Bank Interest 2,144 6,642 9,148 5,164 1,046 2.249 41 173 4,690 6,834 6,642 9,148 5,164 1,046 2,249 41 173 6,952 7,056 11,894 5,731 1,120 2,881 31 213 Total rnc•lpts Payments Catered Meals Transport Activities and Trips Wages Rent and Room Hire Refreshments and Raffie prizes Gifts to Members Publicity & Marketing Telephone, Postage and Stationery Volunteers Travel Expenses Equipment, Repairs and Renewals Insurance 10.938 5,448 4,206 2,890 70 2,553 2,719 10,938 5,446 4,396 7,390 70 2.553 2,719 14,683 4,306 5,914 8,054 130 2,717 3,189 93 190 4,500 15 15 19 215 19 215 152 185 Total payments Net rn¢•lpts / (payments) -2,464 -2,464 -3,545 Cash funds last year end 13,554 13,554 17,099 Cash funds th18 year end e Concern Mansfield Statement of assets and Ilabillties at the end of the rlod Unrestricted Fund8 Re8trlcted Funds Totals Note Cash Fund8 Bank Business Resep4e Account Cash in Hand 10,070 1,020 10,070 1,020 Inve8tment Assets 307 Santander ordinary shares 0.50 Euros each. Market Value @ £5.415 per share 1,662 1,662 A88ets rotalnod for tho Charity'8 own us• Cost As at 11t April 2024 Additions A8 at 31st March 2025 1,001 1,001 Depreclatlon As at 1 It April 2024 Notional Charge during year A8 at 31•t March 2025 1,001 1,001 Not Valuatlon a8 at 31" March 2025 Approved by the Trustee8 on I l.-..Sp. ".a.s and 81gned on thelr bohalf by: Slgned: Slgned: Mrs M A Sharpo- Trust Ir A Hall - Tru8teo ncern Mansfield f r th• Year End Notes to the Accoun 1st March 2025 Accountlng Pollcles General These accounts have been prepared under the historic cost convention and following the Charity Commission guidance for smaller charities. Cash Movement8 The receipts and payments accounts summarise the movements of cash into and out of the Charity during the financial year. In this context 'cash' includes cash equivalents, for 8xample, bank accounts where cash can be readily withdrawn to pay for debts as they become due. Non-monetary A•80ts Assets costing more than £500 per item are included by way of a note on the Statement ofAssets and Liabilities at the original cost, less notional depreciation calculated at 25Yo per annum on the reducing balance basis. Assets costing less than £500 are written off when they are purchased. Grants and Donatlons Re olv nrn8trl¢tod Fund R•8trlct•d Total• 2024 Nottinghamshire County Council Mansfield District Council Sir John EaS￿00d Foundation The Fifty Fund The Jessie Spencer Trust The Lady Hind Trust 190 190 100 2,000 2,000 500 2,100 150 100 2.000 2.000 500 2,000 Other Donations 2.044 2,044 2,702 6,952 Remuneratlon Ex endlt re Wages paid to two Day Centre organisers 8,054 No e.. Trustees are not remunerated Cash In Hand Cash Floats Outstanding cash deposits from March trading, banked in April 1,020 1,020 994 237 1,020 A e Concern Man8field Notes to the Accounts for the Year Ended 1¥1 March 2025 Restrlcted Funds enin Balance Closln Transforred Balance Addltlons Sir John Easlwood Foundation The Fifty Fund The Jessie Spencer Trust 2,000 2,000 500 -2,000 -2,000 -500 Nottinghamshire County Council.. Notts County Councillor 190 -190 Not08 t Restrlcted Fund8". Grants Recelved The listed Restricted Funds have been received for specific purposes connected with the running of the Charity Grants from Charitable Trusts a￿ all received to support our wages costs. The grant from the Nottinghamshire Councillor was received towards external trips by our club Members. Funds are only released when the specific expenditure has been made against those grants.