2021-03-31-accounts

REGISTERED CHARITY NUMBER: 1048838

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2021

for

Morley Elderly Action

KJA Kilner Johnson Ltd Network House West 26 Stubs Beck Lane Cleckheaton West Yorkshire BD19 4TT

Morley Elderly Action

Contents of the Financial Statements for the Year Ended 31 March 2021

		Page
Reference and Administrative Details		1
Report of the Trustees	2	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet		6
Notes to the Financial Statements	7	to	11
Detailed Statement of Financial Activities	12	to	13

Morley Elderly Action

Reference and Administrative Details for the Year Ended 31 March 2021

TRUSTEES	S Varley Chair
	M Sidgwick Secretary
	C Cooper
	Cllr J Elliott
	Cllr T Leadley
	A Lynch
	S Twohey Treasurer
PRINCIPAL ADDRESS	Wesley House
	32 Wesley Street
	Morley
	Leeds
	West Yorkshire
	LS27 9ED
REGISTERED CHARITY	1048838
NUMBER
INDEPENDENT EXAMINER	KJA Kilner Johnson Ltd
	Network House
	West 26
	Stubs Beck Lane
	Cleckheaton
	West Yorkshire
	BD19 4TT
PROJECT MANAGER	Carole Law
BANKERS	Virgin Money
	1 The Penny Hill Centre
	Church Street
	Hunslet
	Leeds
	LS10 2AP
	Lloyds TSB
	75 Commercial Street
	Batley
	West Yorkshire
	WF17 5EQ

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Morley Elderly Action

Report of the Trustees for the Year Ended 31 March 2021

The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Morley Elderly Action was formed as a charity no. 1048838 in 1995 under the original title of Greater Morley Community Care Project and subsequently registered a name change to Morley Elderly Action in 1998. We were established to promote the relief of the elderly within the Greater Morley district of Leeds (the area of benefit) in any manner deemed by law to be charitable. Our Mission Statement is 'To assist the over 60s to live independently at home' and we achieve this by a wide range of services including: Advocacy, Community Tea Rooms, Craft Group, Games/quizzes, Gardening, General Help and Advice, Home Visits, Lunch Clubs, a Memory Café for Dementia Clients, a Men's group, Newsletters, Sign Posting, Town Hall Coffee Mornings, Trades Lists, access once a month to a solicitor for free ½ hour legal advice, access to a benefits advisor and a once a year courtesy call to all members.

Morley Elderly Action is a member of the Leeds Older People's Forum and operates under a Neighbourhood Network Service Contract with Leeds City Council's Adult Social Care.

We are an associate member of Voluntary Action Leeds and Advocacy Network Leeds and we work in partnership with Schools, the Police and the Fire Service and with other faith, statutory and voluntary organisations to achieve our objectives.

We have 1,595 members, who pay £6.00 per year, and who receive newsletters and a trades list but we also serve the general public (the over 60s of Greater Morley) so that services are not restricted to members alone. Our services are delivered by 4 full time staff and 55 Volunteers who on an annual basis (prior to Covid 19 outbreak) contribute over 10,000 hours of voluntary input.

In undertaking the above noted activities, the trustees have had due regard to the guidance issued by the Charity Commission on public benefit.

ACHIEVEMENT AND PERFORMANCE

Morley Elderly Action continues to expand its range of activities and services. Figures for 31 March 2020:

No. of members/service users	1,595
No. of volunteers	55
Volunteer hours contributed per year	Normally over 10,000 (n/a in 2020-21due to Covid 19)
Households benefitting with a garden service (1)	348
Total recorded services (2)	15,300

Notes: (1) Including other wards (2) Includes Newsletters and Trades Lists

FINANCIAL REVIEW

In 2011 Leeds City Council finally completed the first Neighbourhood Networks Support for Older People Contract. A new five year Contract started on 1st September 2018 with the possibility of a further five years added on by the council.

The reserves policy is to have a reserve of 12 months costs, represented by a sum invested of approximately £25,000 and to keep a minimum of £50,000 in the general account. A budget has also been put into place by the management committee of £10,000 to maintain the upkeep of the building. The fall-out from the global credit crunch has adversely affected the investment portion of our reserve portfolio although this will eventually bounce back.

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Morley Elderly Action

Report of the Trustees for the Year Ended 31 March 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Management Committee Trustees are elected at the Annual General Meeting and/or if mid-term co-opted to bring in specialist skills or knowledge and confirmed in post at the next AGM.

The Committee shall consist of not more than 8 members elected by the membership at each Annual General Meeting, and representatives nominated by various statutory bodies. In addition the Committee so formed can co-opt not more than 2 additional members.

The Management Committee meets 10 times a year and in addition holds an Annual General Meeting. Input is taken into account from stakeholders, volunteers, members and service users and in addition we hold sub-group meetings and carry out annual satisfaction surveys.

Approved by order of the board of trustees on 3 August 2021 and signed on its behalf by:

S Twohey - Trustee

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Independent Examiner's Report to the Trustees of Morley Elderly Action

Independent examiner's report to the trustees of Morley Elderly Action

I report to the charity trustees on my examination of the accounts of Morley Elderly Action (the Trust) for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

A R Effendi KJA Kilner Johnson Ltd Network House West 26 Stubs Beck Lane Cleckheaton West Yorkshire BD19 4TT

3 August 2021

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Morley Elderly Action

Statement of Financial Activities for the Year Ended 31 March 2021

Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 9,955 Charitable activities Charitable 139,817 Other trading activities 2 953 Investment income 3 889 Total 151,614 EXPENDITURE ON Charitable activities Charitable 112,472 Net gains/(losses) on investments 3,736 NET INCOME/(EXPENDITURE) 42,878 RECONCILIATION OF FUNDS Total funds brought forward 288,496 TOTAL FUNDS CARRIED FORWARD 331,374	Restricted funds £ 252 54,967 - - 55,219 55,531 - (312) 110,304 109,992	2021 Total funds £ 10,207 194,784 953 889 206,833 168,003 3,736 42,566 398,800 441,366	2020 Total funds £ 19,093 156,200 2,873 8,349 186,515 145,096 (4,702) 36,717 362,083 398,800

The notes form part of these financial statements

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Morley Elderly Action

Balance Sheet 31 March 2021

Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 130,585 CURRENT ASSETS Debtors 8 - Investments 9 23,533 Cash at bank and in hand 182,949 206,482 CREDITORS Amounts falling due within one year 10 (5,693) NET CURRENT ASSETS 200,789 TOTAL ASSETS LESS CURRENT LIABILITIES 331,374 NET ASSETS 331,374 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS	Restricted funds £ 105,026 - - 4,966 4,966 - 4,966 109,992 109,992	2021 Total funds £ 235,611 - 23,533 187,915 211,448 (5,693) 205,755 441,366 441,366 331,374 109,992 441,366	2020 Total funds £ 215,875 14,000 19,797 154,089 187,886 (4,961) 182,925 398,800 398,800 288,496 110,304 398,800

The financial statements were approved by the Board of Trustees and authorised for issue on 3 August 2021 and were signed on its behalf by:

S Twohey - Trustee

The notes form part of these financial statements

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Morley Elderly Action

Notes to the Financial Statements for the Year Ended 31 March 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance Computer equipment - 33% on reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

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Morley Elderly Action

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

2. OTHER TRADING ACTIVITIES

3.

OTHER TRADING ACTIVITIES
	2021	2020
	£	£
Other trading activities	953	2,873
INVESTMENT INCOME
	2021	2020
	£	£
Rents received	-	7,088
Investments	889	1,261
	889	8,349

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

5. STAFF COSTS

Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows:	2021 £ 94,733 3,940 1,783 100,456	2020 £ 82,863 3,383 1,537
		87,783

Employees No employees received emoluments in excess of £60,000.	2021 4	2020 4

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 18,733 Charitable activities Charitable 121,448 Other trading activities 2,873 Investment income 8,349 Total 151,403	Restricted funds £ 360 34,752 - - 35,112	Total funds £ 19,093 156,200 2,873 8,349 186,515

continued...

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Morley Elderly Action

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund funds £ £ EXPENDITURE ON Charitable activities Charitable 110,682 34,414 Net gains/(losses) on investments (4,702) - NET INCOME 36,019 698 RECONCILIATION OF FUNDS Total funds brought forward 252,477 109,606 TOTAL FUNDS CARRIED FORWARD 288,496 110,304 7. TANGIBLE FIXED ASSETS Fixtures Freehold and Computer property fittings equipment £ £ £ COST At 1 April 2020 207,181 7,057 14,692 Additions 23,848 260 1,316 At 31 March 2021 231,029 7,317 16,008 DEPRECIATION At 1 April 2020 2,072 3,457 7,526 Charge for year 2,310 579 2,799 At 31 March 2021 4,382 4,036 10,325 NET BOOK VALUE At 31 March 2021 226,647 3,281 5,683 At 31 March 2020 205,109 3,600 7,166 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Prepayments and accrued income -

Total funds £ 145,096 (4,702) 36,717 362,083 398,800 Totals £ 228,930 25,424 254,354 13,055 5,688 18,743 235,611 215,875 2020 £ 14,000

continued...

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Morley Elderly Action

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

9. CURRENT ASSET INVESTMENTS Listed investments 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors Accruals and deferred income 11. MOVEMENT IN FUNDS At 1.4.20 £ Unrestricted funds General fund 288,496 Restricted funds Furniture 2,178 Property Acquisition Grants 103,160 Winter Fund 3,114 Winter Warmth 1,852 110,304 TOTAL FUNDS 398,800 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 151,614 (112,472) Restricted funds Gardening 55,219 (55,219) Furniture - (312) 55,219 (55,531) TOTAL FUNDS 206,833 (168,003)		2021 £ 23,533 2021 £ 217 3,790 144 1,542 5,693 Net movement in funds £ 42,878 (312) - - - (312) 42,566 Gains and losses £ 3,736 - - - 3,736

continued...

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Morley Elderly Action

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds General fund Restricted funds Furniture Property Acquisition Grants Winter Fund Winter Warmth TOTAL FUNDS	At 1.4.19 £ 252,477 2,546 103,160 3,900 - 109,606 362,083	Net movement in funds £ 36,019 (368) - (786) 1,852 698 36,717	At 31.3.20 £ 288,496 2,178 103,160 3,114 1,852
			110,304
			398,800

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund Restricted funds Gardening Furniture Winter Fund Winter Warmth TOTAL FUNDS	Incoming resources £ 151,403 33,260 - - 1,852 35,112 186,515	Resources expended £ (110,682) (33,260) (368) (786) - (34,414) (145,096)	Gains and Movement losses in funds £ £ (4,702) 36,019 - - - (368) - (786) - 1,852 - 698 (4,702) 36,717	Gains and Movement losses in funds £ £ (4,702) 36,019 - - - (368) - (786) - 1,852 - 698 (4,702) 36,717
				698
				36,717

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2021.

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Morley Elderly Action

Detailed Statement of Financial Activities for the Year Ended 31 March 2021 INCOME AND ENDOWMENTS Donations and legacies Donations Other trading activities Other trading activities Investment income Rents received Investments Charitable activities Leeds City Council Grants Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Waste disposal Computer costs Travel & volunteer expenses Training & subscriptions Travel club & activities cost Event costs Gardening Depreciation Loss on disposal of assets PAYE interest Support costs Management Repairs & renewals	2021 £ 10,207 953 - 889 889 139,817 54,967 194,784 206,833 94,733 3,940 1,783 1,835 2,284 3,730 1,844 6,002 140 5,190 882 1,441 2,230 158 - 3,517 15,806 5,688 - - 151,203 14,832	2020 £ 19,093 2,873 7,088 1,261
		8,349 121,448 34,752
		156,200
		186,515 82,863 3,383 1,537 1,793 1,550 4,030 1,661 8,010 - 1,530 1,086 1,199 1,854 379 122 4,649 16,647 4,994 944 4
		138,235 4,521

This page does not form part of the statutory financial statements

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Morley Elderly Action

Detailed Statement of Financial Activities for the Year Ended 31 March 2021

Management Governance costs Accountancy and legal fees Total resources expended Net income before gains and losses Realised recognised gains and losses Realised gains/(losses) on fixed asset investments Net income	2021 £ 1,968 168,003 38,830 3,736 42,566	2020 £ 2,340 145,096 41,419 (4,702) 36,717

This page does not form part of the statutory financial statements

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