Registered number: 02960617
Charity number: 1047605
Age Concern (Herne Bay)
operating as
Age UK Herne Bay & Whitstable
(A company limited by guarantee)
Trustees. report and financial statements
For the year ended 31 March 2024

Age UK Heme Bay & Whitstsble
(A company limited by guarantse)
Gontsnts
Page
Reference and admlnistrative detalls of the Charlty. its Trust888 and advisers
Chalrman's statement
Trustsas. report
Independent auditor's report on the financial statements
statement of financial activities
3-12
13-16
17
Balance sheot
18
Statement of cash flows
19
Notes to tho financlal statements
20-38

Ag8 UK Herne Bay & Whitstable
(A company Ilmit8d by guarantse
Reference and administrative detalls of the Charity, its Trustees and advisers
For the year ended 31 March 2024
Trustaes
Dr R Wheeldon, Chairman (resigned as Chair July 2024)
Mr C Jones, Vice Chairman (appointed 25 August 2023. deceased 3 July 2024)
Mr J McPhie, Treasurer
Mrs E Denham
Mrs J Bedford (resigned 14 February 2024)
Mr T Goodwin, Chairman (appointed Chair July 2024)
Mr C A Mowatt (resigned 21 June 2023)
Dr N M Robertson
J Freer (appointed 23 May 2023)
S J Goff (appointed 23 May 2023)
Bety Briant (appointed 10 October 2024)
Company registered
number
02960617
Charity reglstered
number
1047605
R8glstered office
16 Reculver Road
Herne Bay
Kent
CT6 6LE
Chief executive officer
Mrs L Cowdry
Independent auditor
Kreston Reeves LLP
Chartered Accountants
Statutory Auditor
Montague Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QU
Bankers
Barclays Bank PLC
130 Mortimer Street
Heme Bay
Kent
CT6 SEG
Solicitors
Girlings
39 William Street
Herne Bay
Kent
CT6 5NP
Page 1

Age UK Herna Bay & Whitstable
(A company limited by guarantee)
Chairnian's statement
For the year ended 31 March 2024
The Chaimian presents his statement for the year:
Since stsrting her role as new Chief Officer in April 2022, Linda Cowdry has continued to fully ernbra￿ her
strategic role within the Charty and provides both excellent internal management of the Charity and
comprehensive assistance to the Trustees in the Governance of Age UK Herne Bay & Whitstable. Since stafting
the role, Linda has been faced with a quickly changing and often challenging landscape under which the Charity
must operate.
Linda is supported by an excellent Leadership Team, including Leanne Amos, the Operations Manager.
However, due to the ever-changing nature of her role, the Trustees are continuously working with Linda to review
the management structure to ensure that Linda can focus on more strategic issues and that the correct leverage
betsveen the management staff is being applied.
The Charity's sources of funding for the 5ervi¢es it provides continues to change and evolve vdith changes to the
seNices funded by Kent County Council, the amount of local authority funding available and other extemal
sources of funds available outside the local authority and NHS funding contracts.
Following the covid era, the Chadty has been looking to build up numbers once again in both the Hazell Neville
and Bradbury Centres, whilst a150 developing new and existing senrices to provide the support and assistance
needed by our cllent5, their families and carers. The Charity remains fully committed to tackling loneliness and
isolation, supporting those living with dementia and their family carers as well as ensuring older are receivin9 all
the financial support that they are entitled to.
The Trustees and l extend our thanks and appreciation to all the staff and volunteers at Age UK Heme Bay and
Whitstable for all their hard work, dedication and tenacity to ensure that the Charity continues to provide an
excellent service to its clients and for improving the lives of the older persons and their families in a way which is
respecfful. dignified and deserved.
I have been honoured to take over the position as Chair from Dr Roger Wheeldon following his retirement
following the year ended 31st March 2024.1 have been a Trustee of AGE UK for 25 years and I passionately
believe in everything that at Age UK Herne Bay and Whitstable stands for the force for good which it brings to
our community and the positive ways in which it enhances and changes our dient's lives.
Yours Faithfull
Tim Goodwin, Chairman
Date..
Page 2

Age UK Herne Bay & Whitstabl8
(A company limited by guarantee)
Trustees. report
For the year ended 31 March 2024
The Trustees present their annual report together with the audited financial statements of the Charity for the 1
April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees, report and a directors,
report under company law. The Trustees confirm that the Annual report and financial statements of the
charitable company comply with the current statutory requirements, the requirements of the charitable company's
governing document and the provision5 of the Statement of Recommended Practice (SORPI applicable to
Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS102) (effective 1 January 2019).
Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required
of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report)
Regulations 2013 has been omitted.
The Charity also trades under the name5 Age UK Heme Bay & Whitstable.
Objectlves and activities
a. Policies and objectives
The Chartty's objective is "to promote the relief of the elderly in any manner which now or hereafter may be
deemed by the law to be charitable within the County of Kent with particular reference to Herne Bay and
Whitstable and surrounding area.,
b. Volunteers
Our team of volunteers have remained with us again this year and averaged around 200. Their continued
contribution across all services allows us to conts'nue to deliver a broad range of high-quality services and keep
the costs associated wth them down. Tnjslees would like to thank all our volunteers for their continued
commitment, professionalism, and care.
c. Main activities undertaken to further the Charity's purposes for the publlc beneflt
Main activities undertaken to further the charity's purposes for the public benefit.
All our Charitable activities focus on the needs of people over the age of 55 and are undertaken to ￿rther our
charitable purposes for the public benefit. Outlined below are seNices provided.
Achievements and performance
a. Key perforniance indicators
At Trustee meetings the Charity's up to date financial a¢tivty against budget, cash flow and bank balances are
presented by the Treasurer and Finance Officer. The Chief Officer provides a written report at every Trustee
meeting, outlining the Charity's current activities and any future threats or opportunities. Key senior members of
staff also provide Trustees wth written reports on the services they manage and case studies highlighting
individual client journeys and stories. Funding from statutory bodies comes with Key Performance Indicators.
Reports to those bodies are provided as required by the agreements. Any continuation funding for SeNi￿S thich
are provided using the Charity's free reserves are made at the annual Budget meeting. The Chief Officer
alongside the Finance Officer and Treasurer monitor the income and expenditure for each department at the end
of every calendar month. If a department is not performing as predicted in the budget, any increa5eldecrease in
activity that may require further discussion is reported at the next Trustee meeting.
We were really pleased to have a positive audit outcome that saw us retaining the Charity Quality Standard with
Age UK National. It Was reassuring to have met the standards required of us, we will continue to take a continual
improvement approach to the quality of all the services we deliver.
We were also pleased to have completed the move over to new financial and payroll So￿are packages. This
has streamlined processes and provicles electronic back up to all invoicing and payments.
Page 3

Age UK Herne Bay & Whltstable
(A company limitèd by guarantee)
Trustees. report {continued)
For the year ended 31 March 2024
Achievements and perforniance Icontlnuod)
b. Review of aGtlviti8s
The year 2023 to 2024 has been Characterised by the continued and increasing pressures on our client group
and the organisation because of the cost-of-living crisis. We continue to strive to provide Se￿ICe$ that are
affordable where charges must be made but also recognise the importance of supporting staff by offering pay
increases to retain them within the organisation and allow them to be able to manage the burden of economic
pressures that they and their families also experience. Increases in wages, energy costs and insurances have
proven to be a chalSenge for the organisation. We were pleased to be able to direct staff (and to a lesser extent)
volunteers. to the new Employee Assistance Programme which will allow them to access free practical advice
and emotional support as well as some generous discounting platforms.
We continue to lead on a number of health and KCC commissioned contracts and grants across Kent.
Dementla Coordinator Contract (East Kent)
Age UK Herne Bay & Whrtstable along with delivery partners and Primary Care Networks have established the
delivery of personalised support from pre-diagnosis through to end of lrfe, for people affected by dementia
(including their family carers). The year did bring some un-expected news in that whilst fijnding was extended
for another year, the KCC contract will be transitioned to health starting from 1st April 2024. We are pleased to
see such a valuable service Continue to grow and embed itself within a new health led, dementia pathway. In
terms of delivery, the service is having many positive impacts for those living with dementia and their family
carers. During the year, the coordinators supported 1140 individuals in East Kent to 'Live Well" with dementia.
Dementia & Me
As main contract holder for the KCC commissioned Post Diagnostic Specialist Support for people with dementia
and their families in East and West Kent, we have worked with delivery partners across the regions to develop
and grow the provision of Dementia Café's, Befriending, Peer-to peer Groups, Young Onset Dementia Groups,
and some Infomiation & Advice at the café's. During the year, the Dementia & Me Organisers delivered 1771
sessions that 1140 individuals benefitted from, with a total of 13,953 attendances. Quite an impact!
Locally, Age UK Herne Bay & Whitstsble's Organiser continued to facilitate and lor oversee Monthly Dementia
Drop- In Clinics, Dementia Café's, Carers Lunches, Befriending, Peer Support Groups, Craft based Make Your
Momingl Aftemoon sessions and the ever-popular COGS clubs.
The Dementla & Me Helpline
The Kent wide helpline administered by the Heart of Kent Hospice on our behalf answered 203 calls dealing with
urgent needs and questions around dementia, providing emotional support and reassurance in a time of need,
and signposting to Se￿ICe$ that will benefit them.
Innovation Fund
Iln 23124, our Innovation Fund fvnded seven organisations With a total of more than £58,000 to create dementia-
specific projects chosen by our independent panel to further support people living with dementia.
Page 4

Age UK Horne Bay & Whitstablo
(A company limited by guarantee>
Trustees. report (continued)
For the year 8nd8d 31 March 2024
A¢hiev8ments and performanc8 Icontlnued)
Bradbury Wellbeing Centre
Our social opportunities clients enjoy the company of others, have a hot meal, and take part in activities ranging
from arts and crafts, chair-based exercise, quizzes, gardening and party days. During the year 122 older people
continue to attend anything from one to five days a week. Most take advantage of using the escorted, accessible
transport provided, wthout which many would not be able to access the service. Additionally, some also choose
to 'pop in. and enjoy a freshly cooked meal amongst friends. During the year we were privileged to have
received a National Lottery Grant ta help transition to a full Cost recovery model following the1055 of historical
grant fvnding. We also received some funding from the Age UK Cost of Living Response fund to assist with
increasing attendance.
Hazell Neville Dementia Day Care Centre
The secure, centre-based sessions allow carers of people living with dementia to have some much-needed
respite. For those attending the centre there is the stimulation of a change of scene and enjoyable activities and
company of others. During the year 41 clients enjoyed attending. We also received some funding from the Age
UK Cost of Living Response fund to assist with increasing attendance.
A La Carted Meals Dellveries
Our team of dedicated meal deliverers continue to help with deliveries ofthe freshly prepared lunches and
teatime packages, 385 days a year. The deliverers also carry out much welcomed and needed welfare checks
on those who look forward to their meals being delivered with a smilel On average, throughout the year 540
meals are delivered each week.
The Laundry Service
We continued to provide much needed support to those unable to manage the task independently. With laundry
being collected and retumed 3 times a week to around 63 clients across Herne Bay & Whitstable.
COGS Clubs
The sessions have gone from strength to strength with membership growng in both the Herne Bay and
Whitstable Clubs.
Independent Living Servlce
Continued to provide ongoing. bespoke support and companionship to clients in their homes or to access the
community. 44 clients were supported via the service to go shopping, attend appointments, prepare meals as
well as visits to garden centres and other community-based venues.
Personal Independenco Program
This free service is funded by health and the staff continue to work alongside the Primary Care Networks in the
Ashford and Canterbury areas to ensure that older people receive personalised support to remain independent
and achieve their personal goals. The Se￿iCe can support individuals for up to 12 weeks. During the year 750
people V￿re most frequently helped to,. reduce social isolation by having been introduced to local groups and
activities, feel safer at home by improving access to parts of property and being assessed for equipment.
Page 5

Age UK H8rne Bay & Whitstable
IA company Ilmited by guarantee)
Trustees. report (contlnu8d)
For the year ended 31 March 2024
Achievements and performance (Gontinued)
Shad Quarters (Man's Shed}
The adapted containers have now become workshops and social spaces to be proud of thanks to the hard
work of the Shed Heads. The spaces are being put to good use with some great woodworking activity being
undertaken and products being made and sold to contribute to the cost of the project. The year saw a gradual
increase in membership along with a rise in the number of sessions being delivered in order to accommodate
this. The Shed now has 23 members and 13 Shed Heads who enjoyed 208 sessions throughout the year. We
also received some fvnding from the Age UK Cost of Living Response fund to assist with increasing attendance.
Community Navigation Service (Connect Well)
The Senior Navigator employed with the organisation continued to support her team across East Kent who help
people access infonnation and guidance.
Support at Home (Thanot
Funded by the health, staff continued to offer clients free practical and emotional support in the community to
help avoid unnecessary hospital admissions. During the year 590 people were supported by the help provided
with shopping, light cleaning, companionship and trips out into the community.
Telephone Enquiries and Sign posting
Our reception team continue to be at the very front line for infomiation and signposting for local older people.
They continue to ensure that all Callers are given the information needed so they can access the necessary
support and deal with around 165 calls each week.
Inforniation and Advice
Our Information & Advice Officer, along with his growing team of volunteers deal with more in-depth enquiries
where advice and guidan￿ is needed. Demand for the seTvi¢e has continued to increase and new volunteers
have been recruited to join the team to reduce waiting times for those that need support. During the year helped
899 people access around £347,595 in unclaimed benefits as well as supporting people to obtsin blue badges
and gain advice on housing and social care issues. We received some funding from central government and
administered by the National Lottery to deliver the service from October 2023 to 31 st March 2024.
Befrlending
Our dedicated team of volunteers continue to assist us in the mission to tackle loneliness and isolation amongst
those who live alone and struggle to get out into the community. 52 older people were Befriended by 44
volunteers throughout the year. Twe friendships truly blossomedl
Marigold {Home Help Service)
Marigolds continued to provide valuable domestic support to help people remain at home. The team of 24
Marigolds helped 186 people during the year.
Digital Champion Programme
One of our key priorities is to seek to empower older people and. in a world where technology is central to being
able to access information and support, we were pleasE!d to have been successful in obtaining funding from Age
UK National to deliver a Digital Champion Programme. The funding allowed us to ensure that older people
receive the support they need to learn essential digital skills and so avoid digital exclusion. Throughout the year
the programme supported 86 people with how to use new devices and how to find information online.
Page 6

Age UK Herne Bay & Whitstable
IA company limited by guarantee)
Trustses. report Icontlnuedl
For the year ended 31 March 2024
Achievements and performance Icontinuod)
Ladies that Lunch
The monthly social group for women has gone from strength to strength during the year with around 26 ladies
enjoying each other's company over a meal at our centre.
Supported Bathing Servlce
This service resumed during the year and those who struggle to have a bath themselves are now once again
able to enjoy having a soothing soak in the specialist bath with caring and trained staff.
Walking Football
During the year the Whitstable Walking Football team had developed their skills to the point where they decided
to become a competitive, league team and become affiliated with Whitstable Town FC to pursue this. The Herne
Bay team remain non-competitive and continue to be self-sustsining via membership fees and the continued
support and enthusiasm of the volunteer coaches. The 27 team members continue to enjoy the exercise and
opportunity to sociali5e that the sessions offer.
Tai Chl Movements for Wollbeing wlth Lesley
This Volunteer delivered programme of gentle exercise helps to improve flexibility, balance, breathing and
strength. 21 people have benefitted from this programme during the year.
Handyperson Servlce
Available to aid people with small tasks and jobs around the home. During the year 65 people benefrtted form
having key safes fitted to their home, this service often contributes to a seamless discharge from hospital where
access is needed by care companies or relatives.
Room Hire
The extended building has allowed u5 to increase areas that are available to hire. Our facilities are now rented to
deliver regular U3A groups, Knit and Natter and Sewrng groups, Mindfulness Sessions, Footcare, Hairdressing,
Counselling, Craft groups, and a Bridge Club. It's lovely to see the facilities being used by the community outside
of our core service delivery hours and we have also welcomed individuals for on-off bookings of the venue for a
variety of celebratory events like birthdays and anniversaries.
c. Factors relevant to achieva objectives
The Charity does not employ the services of a professional fund raiser. The Charity carries out a small amount of
fundraising activities. No fundraising compliant vrfere received in the year.
Flnanclal review
. Going concem
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going ￿ncern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
Page 7

Age UK Hem8 Bay & Whitstable
(A company limited by guarantee)
Trustees. report Icontinued)
For the year ended 31 March 2024
b. Re$eNes policy
Age UK Heme Bay & Whitstable ha5 a Commitment to older people and to all of its staff and volunteers.
The Board of Trustees has examined the requirement for free reserves, which are those unrestricted funds not
invested, or designated for specific purposes or otherwise committed. The Trustees following due diligence
considerthat given the nature of our work this should be the equivalent of 3 months operating costs of service
provision. This is a range between £375k and £405k. Current free reserves are £466,618.
This level of free reserves does not include all of the costs that may be incurred in the event of the Charity
asing to operate. This is because the Trustees believe that sudden closure, or the likelihood of all
services Ceasing at the same time to be remote.
This Charity has shown stable and predictable income from a variety of sources for many years.
The TTUStees ensure that the Charity holds adequate insurance cover for business interruption. Insurance
cover is reviewed on an annual basis or immediately if new services are introduced.
The grants income for this charity all have notice periods. Such advance notice will enable any cessation
of Se￿iCe$ or staff redundancies to be undertaken in a timely manner.
Trustees believe that although there may be a reduction in some service provision other services will
continue therefore not all the stsff will be made redundant.
The assets this charity owns are significant and offtigh liabilities.
Designated and reserve fijnds will be shown separately on the accounts and the purpose of such monies held
will be clearly explained.
The Trustees actively review the major risks ￿1¢h the Charity faces on a regular basis and believe that the free
reserves should be maintained at the levels stated above, combined with our annual review of the controls over
key financial systems ¢arried out through an intemal audit programme, will provide sufficient reSoUr￿S in the
event of adverse Conditions.
The Trustees have also examined other operational and business risks and confirm that they have established
systems to mitigate the significant risks.
This policy wll be reviewed annually.
Structure. governance and managoment
Constitution
Age Concern {Heme Bay) was incorporated on 16 August 1994 as a Company limited by guarantee and not
having a share capital under the Companies Act 1985. It is govemed by its Memorandum and Articles of
Association.
The objects for which the association is established are to promote the relief of the elderly in any manner which
now or hereafter may be deemed by the law to be charitable within the County of Kent with particular reference
to Herne Bay and district. The Charity is constituted under a Memorandum of Association dated 16 August
1994, and later amended as of the 4 December 2019 and is a registered charity number 1047605.
Page 8

Age UK Harne Bay & Whitstsble
IA company limitod by guarantee)
Trustees, report Icontinuedl
For the year endèd 31 March 2024
Structure* governance and management (continued)
b. Methods of appointment or electlon of Trustèes
Trustees with suitable expertise are recruited to assist the existing trustees to manage Age UK Heme Bay &
Whitstable. It Is envisaged that all Trustees will have an interest in older people and an understanding of the
difficulties some face in maintaining a fulfilling life.
The Charity shall have a Board of Trustees comprising at least five persons. For the avoidance of doubt.
Trustees are 'directors' for company law purposes and 'trustees' for charity law purposes, and the personal detail
of all Trustees shall be filed with Companies House and the Charity Commission, as required by law.
The Trustees may at any time appoint additional Trustees. In selecting individuals for appointment as Trustees.
the Trustees must have regard to the skills, knowledge and experience needed for the effective administration of
the Charity.
The Trustees shall annually conduct a skills audit and reviewthe composition of the Board of Trustees. deciding
by majority vote which Trustees should continue in post.
Organisational structure and decision4naklng policies
The Trustees meet a minimum of five times each year. One week prior to the meeting, Trustees are sent the
Chief Officer's Report, which outlines the day io day operations of Age UK Herne Bay & Whitstable since the last
meeting. That report may also include specific decisions to be made by the Trustees. Any financial reports are
also sent out one week prior to the meetings. Receiving reports prior to the meetings allows Trustees time to
consider the content and request any further information they may require. Trustees administer the Charity and
Company. The Chief Officer manages the day to day operations of the charity's services. The Trustees are
familiar with those activities and bear in mind Charity Commission guidance on public benefit when making
decisions. To facilitate effective operations, the Chief Officer has delegated authority from the Trustees for
operational matters including finance, employment of staff, recruitment of volunteer5 and the provision of
seNces.
d. Polici8s adopted for the induction and training of Trustoes
Newtrustees undergo an orientation programme, as set out in the Trustee Induction Policy, which includes
meeting the Chief Officer and an existing Trustee to discuss howthe charity operates its day to day activities and
its relationship wth the national charity. Copies of relevant guidelines published by the Charity Commission,
copies of Chief Officer Reports to Trustee meetings, and copies of previous minutes of Trustee meetings are
provided. New Trustee5 Vlslt the Reculver Road site to meet staff, other trustees, volunteers and clients to
familiarise themselves with those involved with the charity'5 work. Trustees are also encouraged to attend
relevant training events.
. Pay policy for key management personnel
Senior staff pay grades are compared to other local charity staff with similar respDnsibilities. Staff pay increases
are based on the anticipated grant income charged for service income and the previous yearfs overall financial
position. Any agreed percentage increase is awarded to all staff following the annual budget meeting, except
when legislation, such as the minimum wage increase, is implemented and any knock on effect on differentials.
f. Rolated party relatlonships
Age UK Herne Bay & Whitstable is a member of the Age England Association and a Brand Partner ofAge UK.
In October 2018, Age UK Herne Bay & Whitstable fomied a Company Limited by Guarantee named Age Well
East Kent in partnership with other Age UK'slConcems in East Kent for the purpose of bidding for ¢ontracts and
other funding to support our common Charitable Objectives.
Page 9

Age UK Héme Bay & Whitstsblo
(A company limited by guarantee)
Trustses. report Icontlnued)
For the year ended 31 Ma￿h 2024
Structure, governance and management Icontinued)
g. Flnancial risk management
The Trustees have a risk management strategylplan which comprises:
An annual rolling programme to review the risks the Chartty may face
The establishment of systems and procedures to mitigate those risks identified in the plan
The implementation of procedures designed to minimise any potential impact on the Charity should those
risks materialise
The key controls used by the Charity include:
Formal agenda for the Trustee Meetings
Detailed strategic planning, budgeting and management accounting
Established organisational structure and lines of reporting
Fomial lines of reporting
Clear authorisation and approval levels
Register of risks
One of the key elements in the management of financial risk is the establishment of a Reserves Policy and a
regular review process to ensure adequate long term assurance of operational services.
Page 10

Age UK Heme Bay & Whitstable
(A company limited by guarant88
Trustees, report Icontinuedl
For tho year ended 31 March 2024
Plans for future periods
Plans For the Future
The coming year
The year 202412025 will continue to be a period of change and challenge. We will be seeking to maximise the
income generated from our building and facilities and to proactively seek grant funding for charitable activities to
safeguard and diversify the seNices we offer to local older people in response to need but also to ensure the
efficiency and financial sustainability of the or9anisation.
The Trustee Board alongside the Senior Management Team will continue to monitor, review, and adapt to
evolving circumstances. They wll also be planning and budgeting for all possible outcomes. The loss of funding
that has traditionally been available to allow us to provide support at an affordable cost for clients poses the risk
that the cost of services for some of the most vulnerable older people having to increase. However, Trustees
remain committed to delivering affordable support to the most vulnerable older people in our area of benefit and
all opportunities to this end will be explored.
If funds allow, in 202412025 it is hoped we can continue to provide all the services currently on offer in Heme Bay
& Whitstable as well as consult around needs, secure fijnding and deliver new services where needs and
opportunities arise.
Trustee priorities for the Charity continue to be..
Improving Health & Well Being
Preventing Loneliness and Isolation
Providing specialist Dementia services
Providing practical help at home
Informing and Empowering Older People
Improving our efficiency and fiscal sustsinability
Stratsglc Priorities to 2025
By 2025 we want to be able to demonstrate:
That older people have access to quality services that meet their needs and maximise their ability to
participate.
That older people are provided with a range of opportunities for soaal interaction and activity.
That older people and their unpaid carers are provided wtth the information and advice they need to
enable them to make informed decisions and gain from unclaimed benefit entitlements which undoubtedly
enrich their lives.
That older people and their unpaid carers wll continue to benefitfrom our specialist support and advice for
Dementia.
That Age UK Herne Bay & Whitstable will continue to maintain and improve the efficiency and
sustainability of our charity, for the future benefit of Older People, their families, and local Communities.
That older people are positively encouraged to contribute their ideas to the continuing development of Age
UK Herne Bay & Whitstable.
That the support we can provide and the means of accessing it is widely known amongst the local
population.
Page11

Ago UK Herne Bay & Whitstablo
(A company limited by guarantee)
Trustees, report {continued)
For the year endod 31 MarGh 2024
statement of Trustses. responsibillti8s
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for
preparing the TfUStees' report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each finanaal . Under company law, the
Trustees must not approve the financial ststements unless they are satisfied that they give a true and fair view of
the state of affairs of the Charity and of its incoming resources and application of resources, including its income
and expenditure, for that period. In preparing these financial statements, the Trustees are required to..
select suitsble accounting policies and then apply them consistently.,
observe the methods and prinuples of the Charities SORP (FRS 102).,
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable acGuracy at any time the financial position of the Charity
and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Disclosu￿ of information to auditor
Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that:
so far as that Trustee is aware, there is no relevant audit information of which the charity's auditor is
unaware, and
that Trustee has taken all the steps that ought to have been tsken as a Trustee in order to be aware of
any relevant audit information and to establish that the chaiitls auditor is aware of that information.
Audltor
The auditor, Kreston Reeves LLP, has indicated his willingness to continue in office. The designated Trustees
will propose a motion reappointing the auditor at a meeting of the Trustees.
Approved by order
by:
Ithe members of the board of Trustees on
and signed on their behalf
Mr T Goodwin
Chairman
.I,-) xN-
Page 12

Age UK Herne Bay & Whitstable
(A company limited by guarant88)
Independent audltor's report to the Members of Age UK Herne Bay & Whitstable
Opinion
We have audited the financial statements of Age UK Heme Bay & Whitstable (the 'charity') for the year ended 31
March 2024 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows
and the related notes. including a summary of significant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements-
give a true and fair view of the state of the charitable companys 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 propedy prepared in accordance Y￿th United Kingdom Generally Accepted A¢¢ounting
Practice.. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit
of the financial statements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom,
including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to golng concorn
In auditing the financial statements, we have concluded that the Trustees, use of the going concem basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that. individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least ￿e1ve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of thi5 report.
Other information
The other infomiation comprises the infomiation included in the Annual report other than the financial statements
and our Auditor's report thereon. The Trustees are responsible for the other information contained within the
Annual report. 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 fomi of assurance conclusion thereon. Our
responsibility is to read the other information and. in doing 50, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or
otherwise appears to be materially misstated. If we identify such material inGon515tencies or apparent material
misstatements, we are required to determine whetherthis gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misststement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Page 13

Age UK Hem8 Bay & Whltstable
(A company limited by guarantee)
Independent auditor's report to the Mèmbers of Age UK Heme Bay & Whltstable {continued)
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the WOTk undertaken in the course of the audit..
the infomation given in the Trustees, report for the financial year for which the financial ststements are
prepared is consistent with the financial statements.
the Trustee5' report has been prepared in accordan￿ with applicable legal requirements.
Matters on which we are required to report by exceptlon
In the light of our knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misststements in the Trustees, report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires
us to report to you rf, in our opinion-.
adequate accounting records have not been kept, or retums adequate for our audit have not been
received from branches not visited by us,. or
the financial ststements are not in agreement with the accounting records and retums,. or
certain disclosures of Trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit., or
the Trustees were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparing the Trustees, report and
from the requirement to prepare a Strategic report.
Responslbilities of trustees
As explained more fully in the Trustees, responsibilities statement, the Trustees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view. and for such intemal control as the
Trustees detemiine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the Trtjstees are responsible for assessing the charitable company's ability
to continue as a going concem, disclosing, as applicable, matter5 related to going concem and using the going
concern basis of accounting unles5 the Trustees either intend to liquidate the charitable company or to cease
operations. or have no realistic altemative but to do so.
Auditor's responsiblllties for the audit of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an Auditor's reportthat includes our
opinion. Reasonable assurance is a high level of assurance, but Is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if: individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users tsken on the basi5 of these financial ststements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities,
including fraud. The extent to which our procedures are capable of detecting irre9ularities, InGluding fraud is
detailed below..
Capability of the audit in detecting irregularities, including fraud
Page 14

Age UK Herne Bay & Whitstable
(A company limited by guarantse)
Independent auditor's report to the Membors of Age UK Herne Bay & Whitstable (continu8d)
Based on our understanding ofthe Charity and the sector as a whole, and through discussion with the Trustees
and other management (as required by auditing standards), we identified that the principal risks of non
compliance with laws and regulations related to health and safety, safeguarding and employment law. We
Considered the extent to which non-compliance might have a material effect on the financial statements. We also
considered those laws and regulations that have a dire¢t impact on the preparation of the financial statements
such as the Charities SORP {FRS 1021 Second Edition (released October 20191, the Companies Act 2006 and
other relevant charity legislation. We communicated identified laws and regulations throughout our team and
remained alert to any indications of non-compliance throughout the audit. We evaluated Trustees, and
management's incentives and opportunities for fraudulent manipulation of the financial statements {including the
risk of override of controls) and determined that the principal risks related to.. posting inappropriate journal entries
to increase revenue or reduce expenditure, management bias in accounting estimates and judgemental areas of
the financial statements. Audit procedures performed by the engagement team included..
Discussions wth management and assessment of known or suspected instances of non-compliance with
laws and regulations (including health and safety) and fraud- and
Assessment of identified fraud risk factors., and
Review of cash expenditure to confirm no evidence of personal benefit., and
Challenging assumptions and judgements made by management in its significant accounting estimates., and
Perfomiing analytical procedures to identify any unusual or unexpected relationships, including related party
transactions, that may indicate risks of material misstatement due to fraud,. and
Confirmation of related parties wth management, and review of transactions throughout the period to identify
any previously undisclosed transactions with related parties outside the normal course of business,. and
Reading minutes of meetings of those charged with governan¢e', and
Physical inspection of tangible assets susceptible to fraud or irregularity., and
Review of significant and unusual transactions., and
Identifying and testing journal entries, in particular any manual entries made at the year end forfinancial
statement preparation.
Because of the inherent limitations of an audit, there 15 a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-
compliance.The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud
involvesintentional concealment, forgery, Collusion, omission or misrepresentation
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional
scepticism throughout the audit. We also..
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or
error, design and perform audit procedure5 responsive to those risks, and obtain audit evidence that is
sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material
misststement resulting from fraud is higher than for one resulting from error, as fraud may involve
collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that
are appropriate in the circumstances. but not for the purpose of expressing an opinion of the effectiveness
of the charitable company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the Trustees.
Condude on the appropriateness of the Trustees, use of the going concern basis of accounting and,
based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions
that may cast significant doubt on the charitable company's ability to continue as a going concem. If we
conclude that a material uncertainty exists, we are required to draw attention in my Auditor's report to the
related disclosures in the financial statements or, if such disclosures are inadequate, to modify our
opinion. Our conclusions are based on the audit evidence obtained up to the date of my Auditorfs report.
However, future events or conditions may cause the charitable company to cease to continue as a going
concern.
Page 15

Age UK Home Bay & Whltstable
(A company Ilmitod by guarantee)
Independent auditoVs report to the Members of Ago UK Heme Bay & Whitstablo (contlnued)
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underfying transactions and events in a
manner that achieves fair presentation.
We cornmunicate with those charged with govemance regarding, among other matters, the planned scope and
timing of the audit and significant audit findings, including any signrficant deficiencies in intemal control that we
identify during our audit.
Use of our report
This report is made solely to 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 required to stste to them in an Auditor's report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we
have formed.
Samantha Rouse FCCA DChA (Senior statutory audltor
for and on behalf of
Kreston Reeves LLP
Chartered Ac￿untants
Statutory Auditor
Chatham Maritime
Date:
Page 16

Age UK Herne Bay & Whitstable
{A Company limited by guarantee)
Statement of financial activitles (incorporating inGome and oxpenditure account)
Forthe year 8nded 31 March 2024
Endowment
funds
2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Note
Income and
endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
826,394
5.633
620
137,054
734,294
5,976
157.506
963,448
739,927
6.596
157.506
698,166
772,305
7,902
131,951
Total income and
endowments
832.647
1,034,830
1,867,477
1,610,324
Expenditure on:
Raising fvnds
Charitsble activities
719
845,782
1,082
1,124.347
1,801
1.970,129
646
1,821.775
10
Total expenditurn
846,501
1,125,429
1,971,930
1,622,421
Net movement In
funds
113,854)
(90,599)
(104.453)
(12,097>
Re¢on¢lllation of
funds:
Total fijnds brought
forward
Net movement in fijnds
Total funds carried
forward
112,117
202,070
(13,854
3,334,578
190,599)
3,648,765
{104,453)
3,660,862
(12,097)
188,216
3.243,979
3,544.312
3,648,765
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 20 to 38 form part of these financial statements.
Page 17

Age UK H8me Bay & V¥hitstablo
(A company Ilmltsd by guarantee)
Reglstered number: 02960617
Balance sheet
As at 31 March 2024
2024
2023
Note
Fixed assets
Tangible assets
Investment property
14
3,214,955
350.000
3,284.298
350,000
3,564.955
3,634.298
Current assets
Debtors
Cash at bank and in hand
16
484,669
890.024
102,291
886,125
1,374693
988,416
Creditors: amount5 falling due within one
year
17
{823.821)
(392,091)
Net current assets
550.872
596,325
Total assets less current liabilities
4,115,827
4,230,623
Creditors- amounts falling due after more
than one year
18
(571,515)
(581,858)
Total net assets
3.544,312
3,648,765
Charity funds
Endowment funds
Restricted fijnds
Unrestricted funds
19
112.117
188,216
3,243,979
112,117
202,070
3,334,578
19
19
Total funds
3,544,312
3,648,765
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subjert to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on
and signed on their behalf by:
Mr T Goodwin
Chaimian
-),.l¥-
The notes on pages 20 to 38 form part of these financial statements.
Page 18

Age UK Heme Bay & Whitstsble
IA company Ilmited by guarantèe)
statement of cash flows
For the year ended 31 March 2024
2024
2023
Cash flows from operatlng activities
Net cash used in operating activities
{113,584)
36,184
Cash flows from investlng activities
Dividends, interests and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
157,506
7,431
(37,593)
131,951
1,557
(66.188)
Net cash provided by inv8sting actlvltles
127,344
67,320
Cash flows from financing activities
Repayments of borrowing
19,861)
(14,329)
Net cash used In flnancing activities
19.861)
{14,329
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning ofthe year
Cash and cash equivalents at the end of the year
3,899
89.175
886,125
796,950
890,024
886.125
The notes on pages 20 to 38 form part of these financial statements
Page 19

Age UK Heme Bay & Whitstabl8
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
General inforniation
Age UK Heme Bay & Whitstable is a charitable company and an exempt charity incorporated in England
and Wale5, With charity registration number 1047605 and company registration number 02960617. The
registered office is 16 Reculver Road, Herne Bay, Kent, CT6 6LE. The principal artivities of the Charity
are as set out in the Trustees Report on page 5-7.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to charities
preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Age UK Herne Bay & Whitstable meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially reGognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy.
2.2 Company status
The Company is a company limited by guarantee. The members of the Company are the Trustees
named on page 1. In the event of the Company being wound up, the liability in respect of the
guarantee is limited to £1 per member of the Company.
2.3 Going concem
The Trustees assess whether the use of going concem is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of
the Charity to continue as a going concern. The Tnjstees make this assessment in respect of a
period of at least one year from the date of authorisation for issue of the financial statements and
have concluded that the Charity has adequate resources to continue in operational existence for the
foreseeable future and there are no material uncertainties about the Charity's ability to continue as
going concern, thus they continue to adopt the going concem basis of accounting in preparing the
financial statements.
Page 20

Ag8 UK Heme Bay & Whitstable
(A company limlted by guarant88)
Notes to the financial statements
For thé year ended 31 March 2024
Accountlng policies {continu8d)
2.4 Income
All income is recognised once the Charity has ents-tlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probabilty of
receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to
them (through knowledge of the existence of a valid will and the death of the benefactor) and the
executor is satisfied that the property in question wll not be required to satisfy claims in the estate.
Receipt of a legacy must be recognised when it is probable that it will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed to the
Charity, Gan be reliably measured.
Grants are included in the Ststement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period 15 shown in the relevant
funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its
recognition is deferred and included in creditors as defe￿ed income. Where entitlement occurs
before income is received, the income is accrued.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
2.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its
charitable purpose5 and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.6 Government grants
Government grants are credited to the Statement of financial activities as the related expenditure is
incurred.
2.7 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this 15 normally upon notification of the interest paid or payable by the
instituts'on with whom the funds are deposited.
Page 21

Ag8 UK Herne Bay & Whitstable
(A company limited by guarantse)
Notes to the financial statements
For the year ended 31 March 2024
Accounting policles Icontinued)
2.8 Tangible fixed assets and depreciation
Tangible fixed assets costing £5,000 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the c()st model. tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tsngible fixed asset into its intended working condition should be
included in the measurement of cost.
Assets in the course of construction are included at costs incurred to date. Depreciation on these
assets is not charged until they are brought into use.
At each reporting date the Chanty assesses whether there is any indiGation of impaimient. If such
indication exists. the recoverable amount of the asset is determined to be the higher of its fair value
less costs to sell and its value in use. An impairment loss is recognised where the Carrying amount
exceeds the recoverable amount.
Depreciation is ¢harged so as to allocate the c05t of tangible fixed a55ets les5 their residual value
over their estimated usefijl lives, on the following bases-
2 % per annum (straight line basis)
250/0 per annum Istraight line basis)
25 % per annum (staight line basis
Freehold property
Motor vehicles
Fixtures and fittings
2.9 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.10 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.11 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event. li is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
Provision5 are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability- The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.12 Financial Instruments
The Charity only has financial assets and financial liabilitie5 of a kind that qualfy as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
Page 22

Ag8 UK Herne Bay & Whltstable
IA company limlted by guarantee)
Note5 to the financial statements
For th8 year ended 31 March 2024
Accounting policies (continued
2.13 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and thich have not been designated for other
purposes.
Designated funds comprise unrestricted fvnds that have been set aside by the Trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Chartty for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statement5.
Endowment funds represent the charity's original pemianent endowment.
Critical a¢¢ounting ostimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and assumptions-.
Tangible fixed assets - Useful economic lives
The annual depreciation charge for tangible assets is sensitive to Changes in the estimated useful lives
and residual values of the assets. The useful economic lives and residual values are re-assessed
annually. They are amended when necessary to reflect current estimates, based on technological
advancement, future investments, economic utilisation and the physical condition of the assets. See note
12 for the carrying amount of the property. plant and equipment, and note 2.8 for the useful economic live5
for eath class of assets.
Page 23

Age UK Hern8 Bay & Whitstable
(A company limlted by guarante8}
Notes to the financial statements
For the year ended 31 March 2024
Incom8 from donations and lega¢i8s
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Donations
Legacies
Grants
3.183
71,967
39,963
25,124
75,150
39,963
848,335
59,612
37,358
601,196
823,211
826,394
137,054
963,448
698,166
Totsl 2023
588,598
109,568
698,166
Incom8 from charitable actlvities
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Charitable activities
5,633
734,294
739,927
772,305
Total 2023
6.950
765,355
772,305
Page 24

Ago UK Hem8 Bay & Whitstable
(A company limited by guarantee)
Notes to the financlal statements
For the year ended 31 MarGh 2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Catering
Day Centre transport
ILS and Help at Home
Care
Bathing
Therapy
Laundry
Sundry
Walking Football
Other
Miscellaneous
Membership fees
309,969
49,715
142,169
185,922
2,075
1,515
40,210
1,327
309,969
49,715
142,334
185,922
2,075
1,493
40,210
3,254
2,533
1,305
87
1,030
334,561
51,011
113,582
221,717
3,711
509
37,405
1,701
5,234
2,176
188
510
165
(22)
1,927
2,533
1,305
87
1,030
5,633
734,294
739,927
772,305
Total 2023
6,950
765,355
772,305
Income from other trading actlvities
Income from fundralslng events
Restrlctsd Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Fundraising
620
5,976
6,S96
7,902
Total 2023
153
7,749
7,902
Page 25

Age UK Herne Bay & Whitstable
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
Investment income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Rent Income
Bank interest
141,843
15,663
141.843
15,663
129.160
2.791
157.506
157.506
131.951
Totsl 2023
131,951
131,951
Expenditure on raising funds
Costs of ralslng voluntary Income
R8Stricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Totsl
funds
2023
Fundraising expenses
719
1,082
1.801
646
Totsl 2023
157
489
646
10. Anatysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
funds
2024
2024
Total
2024
Total
2023
Charitable activities
845,782
1,124,347
1.970.129
1,621.775
Totsl 2023
570,902
1,050.873
1,621,775
Page 26

Ag8 UK Hem8 Bay & Whitstable
(A company limited by guarantool
Notes to the flnanclal statements
For the year ended 31 March 2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Direct costs:
Salaries and related costs
Staff training
Catering costs
Transport costs
Therapy
614,964
17,137
1,732
27.149
3,692
618,690
(3.407)
115,455
37,290
973
1,233,654
13,730
117,187
64,439
4,665
1,070,120
(4,632)
105,312
65,748
4,000
664,674
769,001
1,433,675
1,240,548
Support costs:
Rent and water
Insurance
Heats-ng and lighting
Postage and telephone
Printing and stationery
Repairs and maintenance
Janitorial and laundry
Miscellaneous
Professional fees
Room hire
Mortgage interest and bank charges
Depreciation
Profit on sale of fixed assets
Management fee5
Auditors, remuneration
6,862
22,482
36,704
597
(6,438)
66,010
29,942
3,608
24,414
8,121
50,526
102,812
(3,301)
4,183
9,450
6.862
25,696
37,904
10,151
7,410
103,931
29,9S1
20,575
30,014
47,600
50,526
102,812
(3,301
56,873
9,450
5,586
20,058
23,915
9,231
7,769
43.418
28,308
17,535
12,101
42,392
34,110
97.474
(1,557)
34,887
6,000
3,214
1,200
9,554
13.848
37,921
16,967
5,600
39,479
52,690
845,156
1,124,973
1,970,129
1,621,775
12. Staff costs
2024
2023
Wages and salaries
Social security Gosts
Pension costs
1,133,705
84,041
15,908
987.979
55.822
14,135
1,233,654
1,057,936
Page 27

Age UK Heme Bay & Whitstable
(A company limited by guarantee)
Notes to the financial Statements
For the year endèd 31 March 2024
12. Staff costs (continued)
The average number of persons employed by the Charity during the yearwas as follows..
2024
No.
2023
Employees
65
65
The average headcount expressed as full-time equivalents was..
2024
2023
Employees
52
49
No employee received remuneration amounting to more than £60,000 in either year.
The total employment benefits, induding employer pension contributions and employer national
insurance contributions. of the key managment personnel were £239,005 (2023.. 224,661)
13.
Trustees. romuneratlon and expens8s
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 March 2024, expenses totalling £94 were reimbursed or paid dire¢lly to 1
Trustee (2023 - £NIL to Trustee). This was in relation to excess mileage.
14. Tangible flxed assets
Fixturès and
Motor fittings and
vehicles
equipment
Freehold
property
Total
Cost or valuation
At 1 April 2023
Additions
3,681,763
71.425
31,930
(20.750)
156.796
5,663
(1.740}
3.909,984
37.593
122,490
Disposals
At 31 March 2024
3.681,763
82,605
160.719
3,925.087
Depreciation
At 1 April 2023
Charge for the year
On disposals
459,380
63,475
37,681
20.565
(16,626
128,625
18,772
11,740)
625,686
102.812
118.366)
At 31 March 2024
522.855
41,620
145,657
710,132
Page 28

Age UK Horne Bay & Whltstable
(A company limited by guarantee)
Notes to the financial staternents
For the year ended 31 March 2024
14. Tangible fixed assets l¢ontlnued)
Fixtures and
Motor fittings and
vehicles
equipment
Freehold
property
Total
Net book value
At 31 March 2024
3,158.908
40,985
15,062
3.214,955
At 31 March 2023
3,222,383
33,744
28,171
3.284,298
Included in land and buildings 1$ freehold land at valuation of £508,000 (2023.. £508,000> which is not
depreciated.
15. Investment property
Freehold
investment
property
Valuation
At 1 April 2023
350,000
At 31 March 2024
350,000
The 2024 valuation was made by the Trustees on an open market value for existing use basis.
16.
Debtors
2024
2023
Due within one year
Trade debtors
Prepayments and accrued income
346,544
138.125
39.602
62.689
484,669
102,291
Page 29

Age UK Herne Bay & Whitstabl8
IA company limited by guarantee)
Notes to the financial statements
Forthe year ended 31 March 2024
17. Credltors: Amounts falling due within one year
2024
2023
Bank loans
Trade creditors
Personal Independence Programme
Other taxation and social security
Other creditors
Accruals and defe￿ed income
10,930
38,601
219,951
18.497
517,906
17,936
10,448
207,398
15,544
133,093
25,608
823,821
392,091
18. Creditors: Amounts falling due after more than one year
2024
2023
Other loans
571,515
581,858
The aggregate amount of liabilities payable or repayable wholly or in part more than five years after the
reporting date is:
2024
2023
Payable or repayable by instalments
517,941
532,235
517,941
532,235
Page 30

Age UK Herne Bay & Whitstsblo
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
19. Statement of funds
Statsment of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
Unrestricted funds
Designated funds
Propety fvnd
2,867,960
{53,615)
2,814345
General funds
General Fund
466.618
1.034,830 (1,125.429)
53,615
429,634
Totsl Unrestrictod funds
3,334.578
1,034.830 (1,125,4291
3,243.979
Endowment funds
Permanent endownment funds
112,117
112,117
Page 31

Age UK H8rne Bay & Whitstable
(A company limlted by guarante8)
Notes to the financial statements
For the year ended 31 March 2024
19. Statement of funds (contlnued)
Restricted funds
Personal Independence
Programme
Dementia Outreach Fund
Singing Fund
Walking Football HB
Walking Football
Tackling equality
Digital Inclusion grant
Cost of Living response fund
Support at Home
KCC Post Diagnostic
KCC Dem Coordinator
Infonnation Days
Training for Carers
Men in sheds
COGS Fund
Covid Fund
Care Navigator
National Lottery
140,799
2.930
(140,799)
(1,425}
9,753
3.632
2.211
2,883
268
3,632
(3.632)
3.201
13,201)
14,890
2.214
318
(3,293
4,333
{263)
(31.877)
136,838)
(115.650)
166,514
(332,240)
12,080
(999)
13,275)
(1.341)
6.196
10.000
139,471
35,192
29.938
110,614
66.514
332,240
9.511
(3.100)
134.435
2,080
10,845
187
9,846
3,587
2,100
7.256
2,253
3,575
398
3.100
3,043
7,256
4,245
29,915
78.000
(31.907)
{78,000)
202.070
832.647
(846,501)
188,216
Total of funds
3.648,765
1.867,477
11,971,930)
3,544,312
Page 32

Ago UK Herne Bay & V¥hitstable
(A company limited by guarantee)
Notes to the financial statements
For the year end8d 31 March 2024
19. Statement of funds (continued)
Statement of funds . prlor year
Balan￿ at
31 March
2023
Balance at
1 April 2022
Transfers
inlout
Income Expenditure
Unrestricted funds
Designatsd funds
Property fund
2,885,246
(17,286) 2,867,960
General funds
General Fund
485.881
1,014,623 (1,051,362)
17,476
466,618
Total Unrestrictsd funds
3,371,127
1,014,623
(1,051,362)
190
3,334.578
Endomfftient funds
Permanent endownment funds
112.117
112,117
Page 33

Age UK Herne Bay & Whitstable
(A company limited by guarantee)
Notes to the financial statements
For the year 8nded 31 March 2024
19. Statement of funds Icontlnued)
Restricted funds
Dementia CafelPeer Support
Personal Independence
Programme
Dementia Outreach Fund
Singing Fund
Walking Football HB
Walking Football
Tackling equality
Digital Indusion grant
Cost of Living response fund
Support at Home
KCC Post Diagnostic
KCC Dem Coordinator
Information Day5
Colyer Fergusson grant
Training for Carers
Men in sheds
COGS Fund
Covid Fund
Care Navigator
190
(190)
101,735
2,472
223
3,024
2,210
1101,735)
(496)
(1,480)
(3,632)
(2,098)
(1,312)
(43.749)
7,777
4,889
2,819
2,771
1.580
4,066
9,753
3,632
2,211
2,883
268
6,196
10,000
139,471
45,879
10,000
110,614
63,745
192,765
125,506
(96,649)
(63,745)
(192,765)
(1,075)
(28,000)
3,155
2,080
28,000
10,845
1,585
3,158
7,256
2,021
10,845
187
3,043
7,256
4,245
2,156
470
(3,554)
(585)
32,408
(30,184)
177,618
595,701
(571.059)
(190)
202.070
Total of funds
3,660,862
1,610,324 (1,622,421)
3,648,765
Page 34

Age UK Herne Bay & Whitstable
(A company limlted by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
19. Statement of funds (continued)
The designated Property Fund represents the value of land and buildings included in tangible fixed assets
and fixed asset investments, less the outstsnding balance on the Charity Bank mortgage. The fund also
excludes the £112,117 that 15 included as the charity's permanent endowment.
The Dementia CafelPeer support restricted fund is to provide dementia Gafe and support to groups in the
Cante￿ury and Swale district.
The Support at Home restricted fvnd is a collaboration with Thanet CCG, to provide short term support to
older people, in order to prevent hospital admission or to support them after they have been discharged
from hospital.
Personal Independence Programme (formerly Living Well Fund) is fully fvnded by Canterbury Coastal
and Ashford Clinical Commissioning Groups. The charity works alongside its partner Age UKIConcerns in
Ashford, Canterbury, Faversham and Sandwich. The programme supports over 55 year olds with long
term conditions to access social care within their community and supports them to regain confidence.
The Infomiation Days fund provides InfO￿nation days for unpaid carers of people diagnosed with
Dementia.
Training for Carer5 fund provides for a series of Leaming Curve training.
The remainder of the funds held by the Charity, are as per the descriptions in the statement of funds.
20. Summary offunds
Summary of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
Designated funds
General funds
Endowment funds
Restricted funds
2,867,960
466,618
112,117
202,070
(53,615) 2,814,345
53,615
429,634
112,117
188,216
1,034,830 (1.125,429)
832,647
(846,5011
3,648,765
1,867,477 11,971,930)
3,544,312
Page 35

Age UK Herne Bay & Whitstsble
(A company limited by guarantee
Notès to the financial statements
For the year ended 31 March 2024
20. Summary of funds (continued)
Summary of funds - prfor year
Balance at
31 March
2023
Balance at
1 April 2022
Transfers
inlout
Income Expenditure
Designated fijnds
General funds
End0￿ent funds
Restricted funds
2,885.246
485,881
112,117
177,618
(17.286)
17,476
2,867.960
466,618
112,117
202,070
1,014,623 (1,051,362)
595,701
(571,059)
(190)
3,660.862
1.610,324
(1,622,421)
3,648.765
21. Anatysis of net assets between funds
Analysls of net assets between funds - current period
Endobwnent Restricted Unrestricted
funds
funds
funds
2024
2024
2024
Total
funds
2024
Tangible fixed assets
Investment property
Current assets
Creditors due within one year
Creditors due in more than one year
Difference
112,117
70,442
3,032,396
350,000
1,259,244
(823,821)
(571,515)
(2.325)
3,214,955
350,000
1,374,693
(823.821)
{571,515)
115,449
2,325
Total
112,117
188,216
3,243,979
3,544.312
Analysis of net assets between funds - prior period
Endowment
fijnds
2023
Restricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Investment propety
Current assets
Creditor5 due within one year
Creditors due in more than one year
112,117
3.172,181
350.000
786,346
(392,091)
{581,858)
3,284,298
350,000
988,416
(392,091)
(581,858)
202.070
Total
112,117
202,070
3,334,578
3,648.765
Page 36

Age UK Heme Bay & Whitstsble
(A company limited by guarantee)
Notes to the financlal statements
For the year ended 31 March 2024
22. Reconciliation of net movement in funds to net cash flowfrom operating activities
2024
2023
Net expenditure for the period las per Statement of Financial Activities)
1104,453)
(12,097)
Adjustments for:
Depreciation charges
Dividends, interest5 and rents from investments
Profit on the sale of fixed assets
Increase in debtors
Increase in creditors
102,812
97,473
1157,506) (131,951)
{3,301)
(1,557)
(382,378)
(56,616)
431,248
140,932
Net cash provided byllused in) oporating activities
(113,578)
36.184
23. Analysis of cash and cash 8quival8nts
2024
2023
Cash in hand
890,024
886,125
Total cash and cash equivalents
890,024
886,125
24. Analysis of changes in net debt
At 1 April
2023 Cash flows
At 31 March
2024
Cash at bank and in hand
Debt due within 1 year
Debt due after 1 year
886,125
(10,448)
1581,858)
3,899
(482)
10,343
890,024
(10,930
(571,515
293,819
13,760
307,579
Page 37

Age UK Heme Bay & Whltstable
(A company limitsd by guaranteel
Notos to the financial statements
For the year 8ndod 31 March 2024
25.
Penslon commitments
The Charity operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the Charity in an independently administered fvnd. The pension Cost charge
represents contributions payable by the Charity to the fund and amounted to £17,079 (2023: £14,135).
Contributions totaling £Nil (2023: £Nil} were payable to the fund at the Balance sheet date and are
induded in creditors.
26. Related party transactions
P Goff, spouse of S Goff, a trustee, is employed by the charity. P Goff s employment continues in open
competition and S Goff is not involved in decisions relating to performance review and terms of
employment. P Goff is paid within the normal pay scale for the role and receives no special treatment as
a result of his relationship to a trustee.
A Cooke, daughter of G Cooke a member of Key Management Personnel, is employed by the charity. A
Cooke's employment continues in open competition and G Cooke is not involved in decisions relating to
perfomiance review and terms of employment. A Cooke is paid within the nomial pay scale for the role
and receives no special treatment as a result of her relationship to the KMP.
There were no trustee related party transactions.
Page 38