REG15TEREO COMPANY NUMBER: 02984207 IEngland and Wales) REGISTERED CHARITY NUMBER.. 1042548 ort of the Trustees and Financial Statements for the Year Ended 31 March 2024 Bri Sumer Audltco Limlted 30 Gay Street Bath BAI 2PA
A e UK Bristol Contents of the Financial statements for rEn Page Report of the Trustees Report of the Independent Auditors 9 to 12 Statement of Financiir l Actlvities 13 Balance Sheet 14 Cash Flow Statement 15 Notes to the Cash Flow Statement 16 Notes to the Financlal statements 17 to 34
A e U K Brlstol Re ort of the Trustees lor the Year Ended 31 March 2024 The Trustees who are also Directors of the charity for the purpose5 of the Companies Act 2006, present thelr report with ihe financlal statements of the charlty for the year onded 31 March 2024. The Trustees have adopted the provisions of Ac¢ounling and Reporting by Charities: Statement of Recommended Practice applicable to charitles preparin8 their accounts In accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectlves and alms To promote the relief of elderly people In any manner which now Dr hereafter may be deemed by law to be charitable in and around Bristol {hcrein after called 'the area of benefit"), STRATEGIC REPORT Investment pollcy and objectlves The Trustees have considered the most appropriate policy for investing funds and have decided to hold charity funds In speclalSst charlty bank accoiints, These have given a very modest Income for the year, In Ilne wlth slmllar deposlts. Reserves pollcv The Trustees have established a policy whereby the remaining unrestricted funds not committed or invested in tanglble flxed assets I'the free reserves,) held by the charlty should be between 3 and 6 months of the resources expended. This policy equates to £150,000 to £300,000 In general term5. At this level, the Trustees feel that they would be able to continue the current actlvltSes of the cha rity In the event of a slgnlflcant drop In funding. It would be nece55ary to conslder how to replace fundSng or change our actlvilies, At present, the free reserves, which amount to E279,917, are withln this ran8e and Include some grant income that has been recognised, but the costs have not yet been Incurred. Pa8e I
e UK Bristol Re ort of the Trustees for the Year Ended 31 March 2024 STRATEGIC REPORT {contlnued) Flnanclal revlew The organisètion contlnues to develop strong working relationships with other voluntary, communlty and social enterprise IVC5E) organisations along wlth organisations In the wider Integrated Care System IICSI in order to deliver effective services in a time of economic uncertainty In the country. AUK8 is a member of the Steerlng Group of the VCSE Alliance and of the Integrated Care Partnership IICPI, advocatin8 for older people's voliintary sector services. Trustees are aware that the comlng year will continue to be challenglng and that AUKB must continue to adapt flexibly to meet public need and to ensure the organisation is workinE as cost efficiently as possible. Durlng the year,, al The Information & Advice service supported older adults to clalm beneflts and allow¢ince5, ralsinE over £2.2m for older people. The team also gave out small client Erants totalling over £50,000 on behalf of Brlstol Clty Council, St Monica Trust and the Anchor Soclety. In total they supported over 2,500 older people. b} New Beglnnlngs day service provided actlvities and support for older people. Referrals Increased slowly and we saw servlce users wlth more complex needs. There continued to be great need for daytime Support for older adults and respite for familial carers. CI AUKB'5 Memory Connectlon5 servlce provldod two charged-for co8nilive stimulation therapy sessions for people wlth low.moderate dementla in Henleaze and Wlthywood. The session in north Brlstol proved extremely popular, but we had to close the group in south Bristol and re-open a second in tlie north. dl A lack of approprlate referrals to our pilot Home Support servlco In south Brlstol meant that the service was not financially viabl@ and unfortunately we had to close the sorvlce. e} The LinkA8e FAB service provided a range of in-person and virtual activitie5. Membership of our Friends Ageing Better IFAB) network increased to 1,800 older adults who received regular updates Dn event5 and aclivities and a growlng range of services to reduce social Isolatlon, We updated and distributed 'What's On Guides, for North, South, and Inner City/East Bristol , FAB'S soclal support to a nurse-led clinlc for lower leg wounds endcd when partlcipatlng GPS closed the clinlcs. We successfully concluded a 3 year peer befriending service and have an academically verified modol that could be restarted with future funding. We trained older people as tal chl Instructors and supported them to offer freellow cost Scssions for older people. f) Our Go5nE Home from Hospltal team expanded In October wlth funding from Bristol City Council IBCC), In anticlpation of expansion into the Bristol Royal Inf]rmary, Referrals from Southmead Hospltal rose steadily as the mLIItI-sector Integrated model was developed with funding confirmed to July 2024 and with a commitment from the council to 5ecurinE ongoin8 fundlng for AUKB'S service until March 2025. 8) We contlnued our strateglc role In the city through a range of Inltiatlve5 and progfammes., Page 2
A e UK Bristol Re ort of the Trustees for the Year Ended 31 March 2024 STRATEGIC REPORT (contlnuedl Financlal revlew -The Bristol Ageing Bett¢r IBAB) Alllance. convened by AUKB and with support from Quartet and The ParEiter Trust offered networking meetings and regular newsletters to the wlder Support Hub of organisatlons for older people. The BAB Alliance establlshed a link to the emer8in8 VCSE Alllance across Bristol, North Somerset & South Gloucestershire18NSSG). These new links enabled an Informatlon 5harin8 connection from the Support Hub through to the ICP via the VCSE Alliance. Actlve Agein8 Bristol (A4B) facilitated physical activlty and proactive preventat¢ve care across the ICS, funded by the IC8'5 'Agelng Well Programme,. Thls included work on plloting research into practise with the 'REACT' pre-falls programme; prevention of deconditionlng while in hospital,. and the use of dance wlth people with dementia wlthln a hospltal settlng. AAB successfully dellvered Year 2 of the 'Building Boats,. Building Lives, project on the harbour and 'BrSstol Walk Fest 2023,. Unfortunatety the ICB closed tlie Ageing Well programme at short notice. Strong represen¢atlon from VCSE leaders led to the ICB extending funding on two separate occaslons for several services, Including Active Lives projects, Tlie Connecting Communities programmo concluded. This had re.plloted flve successful models of support from the BAB programme, funded bythe IC8's Ageln8Well programme. Two ofthese were Internal proJects run by AUKB and three were models delivered by external organisations intludSng the distribution of mlcrogrants to community organisations across BNSSG, The ICB closed the AgeSng Well prograrnme but we secured extended fundin8 on two separate occasions for several ofthe services that had been successful. We co-hosted four events for the 8rlstol Research Forum on Agelngjointly with the Universlty of Brlstol and Universlty of the West of England to brin8 latest research and Innovatlve practice to the attention of ¢ommlssioners, practitloners, organlsations and older people. The free events continue to generate wlde Interest and In 2023.2024 focused on Autism, Older Prisoners, Re.Imaglnlng Day Centres and Arts and Creativity, - In October 2023, we led the Celebratlng A8e Festival, showcasing servlces jolntly with VCSE colleagues and lii8hlightin8 the posltive contribution of older people to life In the city. h) Our lease was renewed on S February 2024 for a term of three years wlth a three month break clause and we now only pay servlce chargc and rates, Our 5th floor tenants opted to leave when our lease ended and our offices are now 501ely on ground floor, We Continue to explore longer term optlons for office premises, j) AUKB had one legacy of £2,000 paid In the year (2023 £23,469), We received notification for two additional legacies and are awaiting probate and payment. While the payment has been less this financial year, the number of notlflcatlons of legacy Income is in Ilne with previous years and we antlclpate funding being received. We are looking into promotion of legacies to capitali5e on this income stream in the lon8er term. kl AUKB had 33 paid staff at 31 March 2024, 9 of whom worked full time and 24 part-time, makin8 a full time equlvalent of 20 pald staff. We had one person on bank staff. During the year AUKB recrulted 8 new staff. 13 people left AUKB durin8 the year, 6 due to service closure or the end of temporary funding. 11 AUKB'S work is supported by volunteers, During the year we had 99 volunteer5 who gave 14,300 volunteering hours <2022-23.. 79, 12,087 hours), Piige3
A e UK 8rlstol Re ort of the Trustees for the Year Ended 31 March 2024 STRATEGIC REPORT (continued) Fundralslng AUKB has a Fundraising Policy in Ilne with the Institute of Fundraising SEE. Our Communications & Fundraislng Manager Is an indlvidual member of the Institute of Fundraising and leads and monitors all fundraisin8 actlvity. Our standards bound all staff and volunteers and we are fully compliant wlth the Same and have recelvod no complciints about our activlty. Our standards protect people because.. We do not undertake any door-to.door fundraising activltv. We do not ask for difect debit donations on the street. We do not share people's data without their consent and we never sell people's data We do not 'cold.call' people for fundraising purposes. We only phone people with whom we have an exlsting relationshlp or who have glven consent Everycommunication from us to mombers of the public includes Information on how to opt.ovt from future communlcations. We stop direct debit5 or standing orders received from donors if family and friends advise us that the donor Is vulnerable in some wav. The Fundralsing Standards Board regulates our fundraisin8 and we always ablde by the Instltute of Fundraising Codo of Fundraising Practice. We wlll keep our practlces under review. Flnanclal and rlsk management obJe¢tlves and poll¢les The Trustees have conducted re8ular bi.annual reviews of the signlf Icant risks to which the charity is exposed. Systems have been put In place to mitl8ate those rlsks. AUK8 has a Strategic Plan which allows for the dlversification of f undin8 and actlvitles. Internal threats are mlnimi5ed by the implementalion of procedures for authorlsation of all tiansactlons and projects and to ensure consistent quality of delivery for all operational aspects of the charity. These procedures are revlewed to ensure that they stlll meet the needs of the charity, Pago 4
A e UK Bristol Re ort of the Trustees for the Year Ende 31 March 2024 STRATEGIC REPORT (continued) Future plans Our Strategic objectives are to improve people's quality of later life by: . Llstening to what older people say they need - Providing good quality services and support, co.designed with older people, with a particular focus on reducing health inequalities Improving older people's financlal securlty and social connectlons Promoting innovation by hiEhlightin8 and participating in research on aEeln8 Collaborating Wlth other organisations working Wlth older people Influencing public spending and policies In a way that benefits older people and campaigning for the avallablllty of f ree and accessible public servlces . Encouraging positive attltudes to ageing and age.friendly values. We identified our key challenges in 2023-24 as being that.. Older people's health and wellbeing needs had increased significc1ntly due In large part to the on80in8 Impact of the Covld pandemic compounded by cost of Ilvln8 pressures. More older people stru68led to meet the increased costs of livin& linked to fuel and other price rises, Our loca l authorlty faced Intense flnancial pressure that Impacted on funding just as demand for support Increased. The statutory sector focused on hyper-local, place-based commissionlng whlch posed a risk to a citywide or8anlsation. These pressures went alon8side some potential new opportunlties.. Our Ilnks wSthin the ICS pyovided 8reater opportunities to improve the lives of older adults. There were f undin8 opportunities for preventatlve Inltlatives to reduce the pressure on health and social care services. BCC and local charltable trusts provided u5 Wlth funds for people on low incomes and we were able to hi8hli8ht our need for funding to enable us to assess and support people. An appetite for greater collaboratlon across the VCSE. The Trustee5 are pleased to report that the charlty continued to serve its beneficiarles throu8h reshaping Its offer in line wlth changlng needs. In addition, collaboratlve working wlth other organisations, and pivotlng services to support the NHS and BCC mitlgated some of our challen8es. Trustees acknowledge the challenEes the organisation wlll face in future, but are satisfied tliat the organlsation has sufficleni funds to contlnue to operate. Trustees can see that there are sufficient avenues of oppoitunity for AUKB to pursue and are of the opinion that if AUK8 continues to work In partnershlp and to promote Its offer con51stently, there Is potential for the organisation to Improve it's financial positlon. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing document, a deed of tru5¢ and constitutes a limited companv, limited by guarantee, as defined by the Companies Act 2006. The charitable company was set up under a Memorandurn of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Under those Articles. the Trustees are elected at the AGM to serve a period of 3 years, subject to ratllicatlon at each AGM. Trustees may stand lor 2 f urther terms of 3 years. In cxceptlonal circumstances, a Trustee with parlicular skills may be asked to continue for a further 3 year term. Page 5
e UK Bristol Re ort of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Trustee5 and members Trustees, who are Directors for the purpose of company law and Trustees forthe purpose of charlty law, who served during the year and up to the date of this report, are set out on page 7. Members of the charitable company guarantee to contrlbute an amount not exceedlng El ¢0 the assets of the charltable company In the event of winding up. No Trustee was relmbursed travelllng and subslstence expenscs incurred durlng the year. Trustee, Directors and Officers, lia bility in the aggregate for all claims mado for the period of insurance has a Ilmlt of indemnity of £l,OCKJ,000. The Insurer's total liablllty for all frustee, Director oi Officcrs is IO% of the Limit of Indemnity or £1,000, whichever is the lesser. Recrultment and appolntment of new trustees Potential Trustees are Identified by the Chairman and other Trustees or througl) appropriate <idvertisement and invited to attend a board meetlng as observer before interview. A skllls audlt of exlstin8 Trustees is undertaken, and the recrultment of Trustees deslgned to rectlfy gaps In the skills available and maintaln those currently covered, In general, Trustees wlll bring specific expertise le.g. financlal or legal) or wlll have experlence of worklng with oldor people In the charltable sector. Or8anlsatlonal structure The full Board of Trustees meets bi-monthly to determlne policy and monitor performance. The day to dav management of the Charity is entrusted to the Chlef Executive. The Ch31r and/or Vice-chair meet re8ularlv wlth the Chlef Executive to direct the or8an15ation, Inductlon and tralnlng of new trustees Trustees are provided with a handbook which glve5 details of tho or8anlsatlon and functions of the charitv, and the legal and other responslbllilies of Trustees. New Trustees also have an Induction sesslon wlth the Chief Executlve, when they are introduced to key staff and the principal activities of the charity. Related partie5 The charity is federated to the national organisation Age UK. Age UK also provlde5 advisory support for our Inforination & Advice work and other advice as requlred. AUKB attends meetings of the Bristol Older People's Forum, which rents a room from AUKB, and whlch carnpai8n5 on behalf of older people in the city. In this financial year, BCC funded two services that are importaiit to the work AUKB carries out (the Golr)K Home from H05Pltal servlcc and New Begii)ninE5 day service}. Page 6
A e UK Brlstol Re ort of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT How our activltles dellver publlc benefits All the activities of the charity are designed to beneflt any member of the public who falls within the age criteria. with the exception of the Going Home from Hospltal service which supports all adults, with the majority being aged 65+ years, This 15 achieved either by directly providing practical, social or emotional wellbelng support or by signposting and referring people to other organi5ations, The Trustees confirm that they have duly taken note of the Buidance publlshed by the Charlty Commission. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 02984207 (England and Wales) Reglstered Charlty number 1042548 Reglstered offlce Cannin8ford House 38 Victoria Street 8ristol IJSI 6BY Trustees M E Malpass Chalr of the Board of Trusiees P J Scott {appolnted 16.9.231 V Cheng Ireslgned 23,11,231 R E Campbell J B Currie (reslgned 23.11.23) J l Brown Y M Gordon P Mutesva (resigned I,4.23) M Rashid {reslgned 31.10.231 J Sutton E Masha (appointed 22.8.23 R S Millar (appolnted 31.1.24) Audltors Sumer Auditco Llmited 30 Gay Street Bath BAI 2PA Bankers The co.operative ljank 14 Broadmead Bristol BSI 3HH Page 7
A e UK Bristol Re orl of the Trustees for the Year Ended 31 March 2024 STATEMENT OF TRU5TEES' RESPONSIBILinES Tl)e Trustees (who are also the Diroctors of Age UK Bristol for the purposes of company lawl are responsible for preparlng the Report of the Trustees and the flnancial statements in accordance with appllcable law and United Kingdom Accounting Standards (United Klngdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and falr vlew of the state of affairs of the charltable company and of the incomlng resources and application of resources, Includin8 the Income and expenditure, of the charitable company for that period. In preparlng those f inanclal statements, the Trustees are required to select suitable accountlng policles and then apply them consistently,. observe the methods and principles in the Charlty SORP; make Judgements and estimates that are reasonable and prudent,. prepare the financlal statements on the goSng concern basis unloss It is inappropriate to presume that the charitable company will continue In buslness. The Trustees are responslble for keeping proper accounting records which dlsclose wlth reasonable accuracy at any time the financial position of tho charitable company and to enable them to ensure that the financial statements comply with the Companles Act 2006. They are also responsible for safe8uardin8 the assets of the charltable company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities. In so far as the Trustees are aware: there is no relevaiit audit informatlon of which the charitable company's auditors are unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit Information and to establish that the auditors are aware of that information. AUDITORS Tlie auditors, Sumer Audltco Llmited, will be consldered for re.appolntment at the forthcomin8 Annual General Meeting, Report of the Trusteos, Incor Company Dlrectors, on , ting a strategic re orl, approved by order of the Board of Trustees. as the d signed on the Board's behalf by: M E Malpass- Chic ir of the Board of Trustees PaBe 8
Re ort of the Inde e UK 8ristol endent Audltors to the Meinbers of Oplnlon We have audited the financlal statements of Age UK Bristol (the 'charitable company'} for the year ended 31 March 2024 which comprlse the Statement of Financlal Activitie5, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accountlnB policies, The flnancial reportin8 framework that has been applied in their preparation is appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In our opinlon the financial statements: 8ive a true and fair view of the state of the charltable company's affairs as at 31 March 2024 and of Its Incoming resources and application of resources, Including its Income and expenditure, for the year then ended; have been properly prepared in accordancewlth United Kingdom GenerallyAcceptedAccounting Practlce,. and have been prepared in accordance wlth the requirements of the Companles Act 2(M)6. Basls for oplnlon We conducted our audit In accordance with International Standards on Audlting IUK) (ISAS (UK)) and applicable law, Our responslbillties under those standards are further descrlbed In the Auditors, responslbilities for the audit of the flnanclal statements section of our report. We are independent of the charitable company in accordance with the ethlcal requlrements that are relevant to our audit of the financlal statements In the UK, Includin8 the FRC'S Ethlcal Standard, and we have fulfilled our other ethlcal responsibillties in accordance with these requirements. We believe that the audit evidence we have obtalned Is sufficient and appropriate to provide a basls for oui oplnlon, Concluslons relatlng to goln8 concern In auditlng the f Inancial statements, we have concluded that the tru5tees' use of the 80ing concern basls of accounting in the preparatlon of the financial statements Is approprlate. Based on the work we have performed, we have not Identifled any material uncertaintles relatin8 to events or conditions that, Indlvldually or collectlvely, may cast sl8nlflcant doubt on the charitable company's abllltv to continue as a 80ing concein for a period ofat least twelve months from when the financial statements are authorised for Issue. Ovr responslbilltles and the responslbilitles of the trustees wlth respect to going concern are described in the relevant sectlons of thls report. Other Informatlon The trustees are responsible for the other information. The other information comprlses the information Sncluded In the Annual Report, other than the financlal statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated In our report, we do not express any form of assurance conclusion thereon. In connection wilh our audit of the financial statements, our responsibility is to read the other information and, In doinE so, consider whether Ihe other information Is niaterially inconsistent with the financial Statements or our knowledge obtalned in the audit or otherwise appears to be materially misstated. If we identlly such matcrial inconsistencies or apparent material misstatements, we are roquired to determine whether this gives rise to a material misstatement in the financial statement5 themselves. If, based on the work we have performed, we conclude that there is a material misstatement of thls other informatlon. we are required to report that fact. We have nothing to repoil in this regard. Page 9
ort of the Inde A e UK 8rlstol ndent Auditors to the Members of Opinions on other matters prescrlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given In the Report of the Trustees for the financial year for whlch the financial slatements are prepared is conslstent wlth the financial stalements; and the Report of the Trustees has been prepared in accordance with appllcable legal requirements. Matters on whlch we are requlred to report by exceptlon In the Ilght of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothlng to report In respect of the followln8 matters where the Companies Act 2006 requires us to report to you if, in our opinlon., adequate accountln8 records have not been keptorreturns adequate forouraudit have not been recelved froni branches not vislted by us. or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees, remuneration Specified by law are not made,. or we have not recelved all the information and explanatlons we require for our audlt. Responslbllltles of trustees As explalned more fully in the Statement of Trustec5' Responslbilities, the trustees (who are also the directors of the charitable company for the purposes of Company lawl are responsible for the preparation of the flnancial statemonts and for bolng satlsfied that thoy give a true and fair view, and for such Internal control a5 the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparln8 tlie financial statements, the trustees are responsible for assessin8 the charltable company's abllity to contlnue as a goln8 concern, dlscloslng, as applicable, matter5 related to 8olng concern and uslng the going concern basis of accounting unless the trustees elllier Intend to Ilquidate the charitable company or to cease operations, or have no reallstic alternative but to do 50. Page 10
Repoit of th_e Inde A e UK Brlstol endent Audit rs to the Members of Our responslbllStles for the audlt of the Ilnanclal statement5 Our objectlves are to obtain reasonable assurance about whether the financlal statements as a whole are free from material misstatement, whether due to fraud or error, and to Issue a Report of the Independent Auditors that Include5 our opinion. Reasonable assurance is a hlgh level of assurance, but Is not a guarantee that an audit conducted in accordance with ISAS (UK) will alway5 detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered materlal if, individually or In the aggregate, theycould reasonably be expected to Influence the economic decisions of users taken on the basis of these flnanclal statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Explanatlon as to what extent the audlt wa5 consldered capable of detectln8 Irregularitles, Includln8 fraud Tlie objectives of our audit in respect of fraud, are,, to identify and assess the risk5 of material misstatement of the flnancial statements due to fraud: to obtain sufficient appropriate audlt evidencc regarding the assessed risks of material misstatement due to fraud, through deslgning and implementing appropriate responses to those assessed rlsks,. and to respond appropriately to Instances of fraud or suspected fraud identified durin8 the audit. However, the primary responslbillty for the preventlon and detectlon of fraud rests with both management and those charged with governance of the company. Our approach was as follows: We obtalned an understandln8 of the legal and regulatory requirements applicable to the company and conslderod that the most 51gnlflcant are the Companles act 2006, Charitles Act 2011, the Cl)arity SORP, and UK financlal reporting standards as Issued by ihe Financial Reportin8 Council. We obtained an undersiandlng of how the company complies with these requirements by di5cusslons With management and those charged with governanco. We assessed the rlsk of material mi55tatement of the financial statements, includinE the risk of material misstatemei)t due to fraud and how it mlght occur, by holdlng dlscusslons wlth management and ihose charged with governance. We inquired of mana8ement and those charged wlth governance a5 to any known instances of non. compliance or suspected non.compliance with laws and regulations. Based on this understlc ndlng, we designed speciflc appropriate audit procedures to identify instances of non. compliance with laws and regulatlons. Thls included maklng enquiries of management and those charged with 8overnance and obtaininE additional corroboratSve evidence as required. A further description of our responsibllitles for the 8udlt of the financial statemenls is located on the Financlal Reportlng Council's website at www.frc.or8,uVaudltorsresponsib51ities. This description forms part of our Report of the Independent Audltors. Pa8e 11
Re rt of the Inde ndent Auditor5 to the Memb sof Use of our report Thls report is made solely lo the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are requlred to State to them in an auditors, report and for no other purpose. To the fullest Èxtent permitted by law, we do not accept orassume responsibilityto anyone otherthan the charitable company and the charitable company's members as a body, for our audlt work. for this report, or for the opinions we have formed. Mark Powell (Senior Statutory Auditor) for and on behalf of Sumer Auditco Ilmited 30 Gay Street Bath BAI 2PA Pago 12
A e UK Bristo Statement of r"inancial Activltles fort 31.3.24 Total fund5 31.3.23 Total funds Unrestricted Restricted funds fund5 Notes INCOME AND ENDOWMENTS FROM Donations and legacies 17,366 17,366 48,612 Char5table actlvltles Income from charitable actSvitles Investment income 890,223 70,279 398,260 1,288,483 70,279 1,821,148 74,456 Total 977,868 398,260 1,376,128 1,944,216 EXPENDITURE ON Raising funds 11,980 11,980 11,067 Charltable actlvltles Charitable activltles 1,037,540 246,926 1,284,466 1,722,866 Total 1,049,520 246,926 1,296 446 1733 933 NET INCOME/IEXPENDITUR£) {71,652) 151,334 79,682 210.283 RECONCILIATION OF FUND5 Total funds brought forward 372,803 3.557 376,360 166,077 TOTAL FUNDS CARRIED FORWARD 301,151 154 891 456 042 376,360 CONTINUING OPERATIONS All income and expenditure has arisen from continulng actlvltles, Tlie notes form part of tliese financial statements P<ige 13
A e UK Bristol alance Sheet 02 31.3.24 Total fund5 31.3.23 Total funds Unrestrlcted Restricted fund5 fund5 Notes FIXED ASSET5 Tangible assets 12 21,234 21,234 4,752 CURRENT ASSETS Debtors Inveslments Cash at bank 13 14 27,607 44 319,988 27,607 44 580,489 81,402 44 475,471 260,501 347,639 260,501 608,140 556,911 CREDITORS Amounts falling due within one ycar 15 {67.7221 (105,610} (173,3321 {185,309) NET CURRENT ASSETS 279,917 154,891 434,808 371,608 TOTAL ASSETS LESS CURRENT LIABILITIES 301,151 154,891 456,042 376,360 NET ASSETS 301,151 154,891 456,042 376,360 FUNDS Vnrestricted fun(Js Restricted funds 17 301,151 154,891 372,803 3,557 TOTAL FUNDS 456,042 376,360 The financlal statements were approved by the Board of Trustees and authorised for Issue on P&eY4PèQ ,P, l4.. and wcre s18ned on its behalf by: M E Malpass- Chair of the Board of Trustees The notes forin part of these flnancial statcmenls Page 14
A e UK Brlstol atement En arch 31,3.24 31.3.23 Notes Cash flows from operatln8 actlvltles Cash generated from operations 123,475 1393,799) Net cash Provided by/{used inl operating activities 123,475 393,799) Cash flows from Investlng actlvltles Purchase of tanglble fixed assets Interest received (21,8631 3,406 661 Net cash (used Inllprovided by investing activities {18,457) 661 Change In cash and cash equlvalents In the reportln8 perlod Cash and cash equivalents at the beglnnln8 of the reportlng perlod 105,018 (393,138) 475,471 868,609 Cash and cash equlvalents at the end of the reportlng perlod 580,489 475,471 The notes form part of these flnancial statements Page 15
A e UK Bristol Not S to the Cash r-low Statement for the Year Ended 31 March 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.24 31.3.23 Net Income for the reportlng perlod (as per the Statement ol Flnanclal Actlvltles Adjustments for: Depreciation charges Interest recelved Decroase in debtors Decrease in credltors 79,682 210,283 5,381 13,406) 53,795 7,581 {661) 52,213 Net cash provlded byllused In) operations 123,475 393 799) ANALY51S OF CHANGES IN NET FUNDS At 1.4.23 Cash flow At 31.3.24 Net cash Cash at bank and in hand 475,471 105,018 580,489 475,471 105,018 580,489 Llquld resources Deposlts included in cash Current asset invÈstment5 44 44 44 44 Total 475,515 105 018 580,533 Tlie notes form part of these financlal statements Pa80 16
UK Bristol Note5 to the Financial Statements r Ended 31 March 024 ACCOUNTING POLICIES Basls of preparing the flnanclal statement5 The financial statement5 of the charitable company• which is a public benefit entity under FRS 102, have been prepared in accordance with the Charitie5 SORP {FRS 1021 'Accounttng and Reporting by Chaiities: Statement of Recommended Practice appllcable to charities preparing their accounts in accordance wlth the Flnancial Reporting Standard appllcable In the UK and Republlc of Ireland (FRS 102) {effective l January 20191,, Financial Reportin8 Standard 102 'The Financlal Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Golng Concern We have prepared projections that show there Is sufficient cash to meet our liabilities as they fall due for at least 12 months from the dale ofsigning of the financial statements. We wlll contlnue to review, change and adapt our approach to ensure our ongoing abillty to achieve our mission and goals. The flnanclal statements have been prepared on a golng concern basls as the Trustees consider that they have appropriate funding and reserves in place to continue to provide services and support for our service users for at least 12 months from the date of s58nlng of the financial statements, Income Income including grants is included when receivable, except as follows., when donors 5peclfy that donatlons and grants 8iven to the charlty are to be used In future accountin8 periods, the income Is deferred until those periods; when donors impose conditions that have to be fulfilled before the charity becomes entltled to use such Income, the income is deferred and not included In incornSn8 resources untll the pre-conditions for use have been met,. and . when donors specify that donations and grants, includln8 capital grants, are for partlcular restricted purposes. which do nol amount to pre.conditions regarding entitlement, thls incorne is Included in restricted income when receivable, Le8acles Legacies are recognlsed as recelvable when the adminlstrators of the estate have advised the cliarity of the approximate amount of the leEacy. Any amounts above the original estimate are taken into Income as recelved. Expendlture Llabilitie5 are reco8nlsed as expenditure as soon as there is a legal or constructive obli8ation committing the charity to that expenditure, It Is probable that a transfer of economic benefits will be required in settleinent and the amount of the obli8ation can be measured rellably, Expenditure is accounted for on an accrua15 basls and has been classifled under headings that aggreeate all cost related to the category. Where cost5 cannot be directly attrlbuted to partlcular heading5 they have been allocated to actSvities on a basis consistent with the use of resources. Categorlsatlon of expendlture 'Cost of generatlng volui)tary income, Includes all expendltulo directly or indirectly associated with the generation of funds, including the costs of the volunteer co.ordinator. 'Charitable activities, includes all costs inciirred concernin8 the delivery of services. Page 17 continued..,
ALe UK Brlstol Notes to the Financial Statements - continued for the Year Ende 31 March 2024 ACCOUNTING POLICIES - contlnued Tanglble flxed a55ets Depreciation Is provided at the followin8 annual rates in order to write off each asset over Its estimated useful life. Fixtures and f iltin85 Computer equlpment 33% on cost 33% on cost Taxatlon The charity 15 exempt from corporation tax on Its cliaritablo activltles. The charity is partially exempt for VAT purp05e5 therefore expenditure is reported inclusive of any non.recoverable VAT. Fund accountlng Unrestricted funds can be used in accordance wlth the charStable objectlves at the d15cretlon of the trustees. Restricted funds can only be Lised for particular restricted purposes within the objects ol the charlty. Restrlctions arlse when speclfled by the donor or when funds are raised for partlcular restrlctcd purposes. Further explanatlon of Ihe nature and purpose ol each fund Is Included in the notes to the financial statements. Pen51on costs and other post-retlrement beneflts The charllable company operates a defined contrlbutlon pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activltles in the period to which they rolate. DONATIONS ANO LEGACIES 31.3.24 31.3.23 Donatlons and glfts A8e UK Grants Legacies 17,366 38,458 IS4 10,000 Pa6e 18 continiied.,.
A e UK 8rlstol Notes to the Financial Statements - continued for the Year Ended 31 March 2024 INVESTMENT INCOME 31.3.24 31.3.23 Rents received Dep051t account Interest 66,873 3,406 73,795 661 70,279 Rents ieceived are from the sub-letting of the 5th floor of CanninBford HoLise to a third party. INCOME FROM CHARITABLE ACTIVITIES 31.3,24 31.3.23 Actlvlty Income from charitable actlvilies Charitable activities 1288,483 1821,148 Page 19 contlniied...
Notes to the Financial 5tatemeftts continLied for the Year Ended 31 March_202_4 INCOME FROM CHARITABLE ACTIVITIES- contlnued Total 2024 Total 2023 New Beglnnlngs Bristol City Council Self-funded cllent fees One-off small grants 114,725 33,662 476 148,276 27,241 1,412 148 863 176 929 Informatlon and Advlce Later Life Goa15 A8e UK Warm Homes Demontia Wellbein8 Service Age UK Scam5 21-24 Other Client grants Dementia advisor Cost of living advice Quartet John James Foundation Mlnlstry of Justice PrlK)ns Natlonal Lotterv 12,325 8,931 15,184 25,000 19,695 66,170 41,000 15,484 10.247 1,138 24,078 16,750 5,580 15,000 9,604 74,750 7,500 68,054 197,238 239,252 Home Support Brlstol Clty Councll Self-funded clients 2,960 11,765 S4,747 20.447 14,725 75,194 A¢tlve Agelng Brlstol 8rlstol Walk Fest Boat Bulldin81Buildin8 Llves ReACT BCC Public Health Other 23,330 10,699 18,?.64 15,242 10,000 28,216 12,572 10,568 35,089 84,294 Brlstol Agelng Belter National Loltery Community Fund 12,743 12,743 LlnkAge FA8 BA8 FAB Tai Chl l-elephone groups 106,478 8,451 59,700 22,395 3,600 Page 20 coiitinued...
A e UK Brlstol Notes to the Financial Statements - continued for the Year Ended 31 Ma ch 2024 INCOME FROM CHARITABLE ACTIVITIES- continued Icc Buddy Up (Peer Support) Other 36,538 20,0(M) 37,230 20,000 12,261 185,490 155,186 Connectlng Communltle5 NHS . El Microgrants 77,307 28,000 77,307 28,0 Actlve Lives NHS- HIT NHS - TTT Trailblazers NHS. BHP 99,968 179,081 71,713 25,362 7,000 276 156 Communlty Servlces . Memory Connectlons Bristol City Council Self-funded clients CC FAB - Memory Connectlons Quartet Other 15,000 2,740 2,000 5,000 5,363 12,264 14,121 31,748 24,940 Goln8 Home from Hospltal NHS . Britlsh Red Cross NHS pllot WECHI (BCC) - Wlnter pressuros ICB-Tech for better care 16,668 50,978 91,764 6,500 443,158 159,410 Page 21 continued..,
e UK Bristol Notes to the Financial statements continued for the Year Ended 31 March 2024 INCOME FROM CHARITABLE ACTIVITIES- ¢ontlnued 5trate8lc- Creatlng the Conditlons BCC ICB - ConnectED National Lottery Community Fund Quartet John James Foundatlon Celebrating Age Festival Other 51,425 15,000 4S,937 17,257 2,000 800 30,000 19,938 1,088 3,912 229 132,419 Core Partner Support Legacies Embrid8e Consulting Ltd Other 7,391 10,000 200 1,175 3,317 23,729 31,120 14,692 Re5trlcted - St Mohlca Core Advlce work St Monlca Trust 7,51)0 Restrlcted- St Monlca Core Hub St Monlca Trust 500 Restrlcted - FAB Cost of Llvlng LlnkAge 175 Restrlcted- NHS Connectlng Communltles NHS 346,050 433,758 Restricted . CRF Tech upgrade Bcc 52,210 1,288,483 1,821,148 Ptige 22 contiiiiied...
A e UK 8ristol Notes to the Financial Statements- continued for the Year Ended 31 March 2024 INCOME FROM CHARITABLE ACTIVITIES- contlnved Deferred Income Income Includes the following amounts received In 2022123 but deferred to 2023124 and excludes the followlng income received In 2023124 applled to 2024125: Deferred Deferred to 2024125 from 2023/24 £27,592 £150,969 Thls Is elther received grant funding, deferred for future project work, that have performance related condltions that meet the deferral criterla, or relates to contracts for servicos which is recognised as the servlce Is provlded. RAISING FUNDS Ralsln8 donation5 and leBacles 31.3.24 31,3.23 Staff costs 11,980 11,067 CHARITABLE ACTIVITIES COSTS Direct Costs Support costs Total 2024 Total 2023 Services New tjeginnings Information and Advice Home Support Bristol Agein8 Better Actlve Agelng Brlslol LinkAge Support Hub St Monlca Peer Support Connecting Communities Community Services - Memory Connections Strategic- Creating the Conditions Active Lives Golng Home from Hospital St Monica-core advice work St Monica-core Hub FA8 Cost of living NHS Connecting Communitles Communlty Services - Home Support CRF toch upgrade 5,837 134,008 203,097 74,024 18,928 12,654 79,861 152,937 215,7SO 65,724 191,290 220,941 75,194 9,186 60,333 137,239 3,557 7,059 13,037 3,557 38,172 180,099 31,113 167,062 77,307 77,307 28,000 17,379 40,559 110,510 11.051 2,729 16,418 16,738 62,145 20,108 5G,977 127,248 73.196 20,635 132,051 250,785 89,422 7,633 500 175 433,758 224,355 15,531 4,500 224,355 15,887 19,012 356 14,512 1,042,309 242,157 1,284,466 1,722,866 Page 23 continiied,..
A e UK Bristol Note5 to the Financial Statements continued for the Year Ended 31 March 2024 SUPPORT COSTS Premises General offlce & finance Space used Hours worked Income Governance Total 2024 Basis of allocatioii Services New Beginnin8S Information & Advice Home Support Bristol AEeln8 Better Active 4elng Brlstol LinkAge Connecting Comrnunitie5 Communlty Servlces - Memory Connections Strategic Creating the Condltions Activo Lives Golng Home from Hospltal NHS Connecting Communities Community Servlces Home SuppDrt CRF Tech upgrade 18,003 14,638 11.980 35,789 4,290 674 20,232 72,083 18,928 12,654 3,557 1,868 12 3,557 7,059 13,037 5,191 13,025 2,338 391 2,729 14,335 10,660 61,022 2,083 4,028 1,123 16,418 16,738 62,145 2,050 14 342 14,512 356 14,512 138.427 81,448 22,282 242,157 Comparatlve Premises General offlce & flnance Space used Hours worked Income Governance Total 2023 Basis of allocatlon Services New Beglnnlngs Informat5on & Advice Home Support Bristol Agin8 Better Community Developmonts LlnkA8e Connecting Communities Community Serrflces- Memory Connections Strategic Creating the Conditions Active Lives Going Home from Hospll<il 6,064 14,135 37,846 11,645 1,059 13,793 1,695 4,208 11.844 13,953 57,863 25,780 1.059 13,805 1,695 4,208 11,854 4,000 12 io 4,000 1,534 647 2,181 66,884 1,886 224 334 68,770 10,224 334 10.000 Page 24 contlnued...
e UK Brlstol Notes to the Financial Statements - continued for the Year Ended 31 March 2024 NHS Connectlng Communities 38,112 93 38,205 130 751 8S,274 23 953 239 978 NET INCOMEIIEXPENDITUREI Net income/lexpenditurel Is stated after char8ingl{crediting)'. 31.3.24 31.3.23 Audit fee Other non-audit services Depreciation - owned assets ,520 2.160 8,040 2,040 TRUSTEES, REMUNERATION AND BENEFITS There were no trustec5' remuneration or other beneflts for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustee$, expenses Thore were no trustees, expenses pald for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, Indemnlty pollcy A Trustees, Indemnity policy was In place durlng the year, at a premlum of £1,289 (2023 £1,238). 10. STAFF COSTS 31.3.24 31.3,23 Wages and salaries Social security COStS Other penslon costs 589,926 37,443 29,309 654,961 44,026 36,102 656,678 735,089 No employees received emoluments in excess of £60,000. PaEe 25 contirlued.
e UK Brlstol Note5 to the Ftnancial Statements - continued for the Year Ended 31 March 2024 10. STAFF COSTS- continued 2024 Full tlme Bank equivalent 2023 Full-time equlvalent Full-tlme Part - time Management and administratlon New Beginnings Brlstol Agelng Better Information and Advice LinkAge Home Support Connectlng Communities Active Ageing Bristol Going Home from Hospital 12 24 20 26 Remuneratlon of key management Key management 15 tliose persons havlng authorlly and responslbllity for plannlng, controlllng, and dlrectin8 the activltlC5 of the company. In the opinion ol the Board, the crillcal management Is Trustees and the Chlef Executlve Offlcers of the company. Total compensation {Includlng employer's pension contributlons) to key manasement personnel was £54,631 (2023 £52,810). Penslons The Chief Executive of Age UK Bristol partlcipates in Tlie Pension Trust's Growth Plan. The Plan 15 a multi.employer defined benefits plan and Is not contractcd out of the State scheme. The Growth Plan Is a'last man sfandlng" multi-employer scheme. If a wlthdrawing employer Is unable to pay its dcbt on wilhdrawal, the liability is shared amongst the remalning employers. The participating employer5 are, therefore, jointly and severally Ilable for the deficit of the Growth Plan. AEe UK Bristol has been notified by The Pensions Trust of the e5tlmated employer debt on withdrawal from the Plan bas¢d on the flnanclal posltion of the Plan as at 30th September 2023, As of thls date the e5tiinated employer debt for Age UK Bristol was £1,91612023 £2,702), and no contribution was required towards the deficlt. Any dlfference to the amount disclosed and the year end amounts Is immaterlal. The Chief Executive and the rest of the staff are enrolled In the NEST penslon scheme. The Natlonal Employment Savings Trust Is a defined contrlbution workplace pension scheme. Page 26 continued...
A e UK Bristol Notes to the Financial Statements- continued for the Year Ended 31 March 2024 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and le8acies 48,612 48,612 Charltable activltles Income from charitable activitles Investment income 1,366,472 74,456 454,676 1,821,148 74,456 Total 1489 $40 454 676 1,944,216 EXPENDITURE ON ftalsing funds 11,067 11,067 Charltable actlvltles Charitable act¢vitles 1,271,615 451,251 1,722,866 Total 1,282 682 451251 1733 933 NET INCOME Transfers between funds 206,858 1331 3,425 133 210,283 Net movement In funds 206,72S 3,558 210,283 RECONCILIATION OF FUNDS Total fund5 brought forwafd 166,077 166,077 TOTAL FUNDS CARRIED FORWARD 372,802 3,558 376,360 Page 27 contlnued.,.
A e UK Bristol Notes to the Flnancial Statements - contlnued for the Year Ended 31 March 2024 12. TANG18LE FIXED AETs Fixtures and fittings Computer equlpment Totals COST At l April 2023 Additions 73,256 85,896 21,863 159,152 2 1,863 At 31 March 2024 107,759 181015 DEPRECIATION At l April 2023 Charge lor year 71,361 1,247 83,039 4,134 154,400 5,381 At 31 March 2024 72,608 87,173 159,781 NET BOOK VALUE At 31 March 2024 648 20,586 21,234 At 31 March 2023 1,895 2,857 4,752 13. DEBTORS; AMOUNTS FALLING DUE WITHIN ONE YEAR 31,3.24 31.3,23 Other debtors Prepayments and accrued incomo 22,540 5,067 49,458 31,944 27,607 81,402 14. CURRENT ASSET INVESTMENTS 31.3.24 31.3.23 Listed investmenls 44 44 Page 28 coi)tinued...
-Ae UK Bristol Notes to the Flnanclal Statements - continuod ar 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3,24 31.3.23 Trade creditors Social security and other taxes Other credltors Accruals and deferred income 123,494 4,272 994 44.572 24,191 149 160,969 173,332 185,309 The deferred income of £2"1,59212023 £150,969) relates to either received grant fundin& deferred for future project work, that has performance related condltlons that meet the deferral criterla, or relates to contracts for services whlch Is recogni5ed as the service is provlded. Included withln Trade creditors Is £90,610 whlch relates to the underspend on the Golng Home from Hospltal subsequently repald In December 2024 In terms with the grant a8reement, 16. LEASING AGREEMENT5 Minlmum lease payments under non-c3ncellable operatlng leases fall due as follows: 31.3,24 31.3.23 Within one year Between one and flve years 16,367 30,006 64,643 with effect from February 2024 the landlord has aBreed to provlde the ground floor of Victorla Street under a peppercorn rent arrangement for three years. For Ihe yearcnding 31 March 2024, the amount of £5,040 ha5 been recognlsed in donations a5 a benefit in kind with a correspondln6 Rent charge. Per the aErcement, Age UK Bristol are still contractually liable for the service charges and car parking over this three year agreement and thls has been reflected In the above leaslng commltments table, Page 29 continued...
e UK Bristol Notes to the Financial Statements . continuod for the Ye r.End.Lfyh 2024 17. MOVEMENT IN FUNDS Net movement in funds TransFers between funds At 31.3.24 At 1,4,23 Unrestrlcted funds General fund New Beginnings Information and Advice Active AEeln8 Bristol LinkAge Community Services . Memory Connections Strategic - Creatlng the Conditions Active Llves Golng Home from Hospital Community Services- Home Support 167,383 410 33,972 42,969 25,018 25,233 {3,9131 {17,4821 13,083) 5,742 (4.665) 3,503 187,951 16,490 39,886 30,760 5,425 2,267 25,371 69,988 11,640 {1,6601 {20,2711 166,696) 11,1621 17,065 607 5,100 3,292 1,162 372,803 171,652) 301,151 Restrlcted f unds 8ristol Agelng Better Going Home from Hospital CRF tech upgrade 3,557 (3,5571 121,693 33,198 121,693 33,198 3,557 151,334 154,891 TOTAL FUNDS 376,360 79,682 456,042 Pago 30 contliiued.-.
e UK Bristol Notes to the Financial Statements - contlnued for the Year Ended 31 March 2024 17. MOVEMENT IN FUNDS- continued Net movement in funds, Included in the above aro as follows: Incomln8 resources Resources expended Movement In funds Unrestrlcted funds General fund New BeEinnings Information and Advice Active AEelng Brlstol LinkAge Connecting Communlties Community Services- Memory Connections Strategic Creatlng the Condltlons Active Lives Golng Home from HospStal Community Servlces- Home Support 117,070 149,025 198,268 35,089 185,841 77,307 (91,837) (152,938) 1215,7501 138,1721 {180,0991 177,3071 25,233 {3,913) 117,482) 13,0831 5,742 31,749 55,318 106,977 6,501 14,725 {20,109) (56,9781 1127,2481 173,1971 11,640 (1,6601 120,2711 166,6961 977,870 (1,049,522 171,6521 Restrlcted funds Bristol Agelng Better Goin8 Home from Hospltal CRF tech upgrade 13,5571 {224,3551 119,0121 13,557) 121,693 346,048 52,210 398,258 246,924 151334 TOTAL FUNDS 79,682 Page 31 continued.
A e UK Brlstol Notes to the Financial Statements - contlnued for the Year Ended 31 March 2024 17. MOVEMENT IN FUNDS- contlnued Compaiatlves lor movement In funds Net movement in funds Transfers between funds At 31.3.23 At 1.4,22 Unrestrlcted funds General fund New Besinnlngs Informatlon and Advlce Active A8eing Bristol LinkAge Community Service5 - Memorv Connections Strategic Creatlng the Conditlons Active Lives Goin8 Home from H05Pjtal 141,806 14,771 25,710 (14,3611 33,972 33,469 25.018 (133) 167,383 410 33,972 42,969 25,018 9,500 5,425 2,267 25,371 69,988 5,425 2,267 25,371 69,988 166,077 206,859 (133) 372,803 Restrlcted funds Bristol Ageing Fjetter St Monlca Trust Core Advice work 3,557 3,S57 133 3,424 133 3,557 TOTAL FUNDS 166,077 210,283 376,360 PclBe 32 continued..,
A e UK Bristol Notes to the Financial Statement5 - continued for the Year Ended 31 Marc 2024 17. MOVEMENT IN FUNDS- contlnued Comparative net movement In funds, Included In the above are as follows: IncominB resources Resources expended Movement in funds Unrestricted funds General fund New Beginnlngs Information and Advi¢e Home Support Active A8ein8 8ristol LinkAge Connecting Commun5ties Commiinlty Servlces - Memory Connectlons Strate8lc . Creating the Condltlons Act5ve Lives Golng Home frorn Hospltal 102,501 176,929 254,913 75,194 93,802 162,257 28,000 (76,7911 1191,2901 1220,941) 175, 194) 160,333) (137,239) 128,OCQ) 25,710 114,361) 33.972 33,469 25,018 26,060 134,318 276,156 120,635) 1132,051) 1250,785) 5,425 2.267 25,371 69,988 1,489,540 11,282,6811 206,859 Ilestrlcted funds Brlstol A8olng Better St Monica Trust Core Advice work St Monica Trust Core Hub Age UK FAB Cost of living NHS Connecllng Communlties 12,743 7,500 500 175 433,758 {9,186 {7,633} {5001 {1751 433,7581 3,557 (133) 3,424 TOTAL FUNDS 1,944 216 (1733,933) 210,283 Restricted funds durlng 2023124 Bristol Agelng Better (BABI funds relatc to a 6 year Natlonal Lottery grant. The BAB programme fundcd projects to redu social isolation, and toward5 the end of the programme, the focus turned to the development of an Age-Friendly City Strategy, the dissemination of learning. and to securing ongoing funding for projects that <ichieved evidence of successful outcomes. Going Home from Hospital is funding from EICC Adult Soclal Care for support with hospital dlschar8e. Grant agreement from l April 2023 - 31 july 2024. CRF Tech upgrades Is funding for IT upgrades and is funded vi3 a Capital Grant Agreement from IS December 2023 - 30 September 2025, Page 33 continued...
e UK Bristol Notes to the Financi tatemen for the Year Ended 31 March 2024 continuod 18. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 202412023 Nill. Page 34