REGISTERED CHARITY NUMBER: 1048838 Morley Elderly Actioii Report of the Th'ustees and Unaudited Financial Ststemeiits for the Year Ended 31 March 2024
Morley Iderly Action Contents oftlie Financial Stateinents or the Yeai. L4 nded 31 Mareh 2024 Page Reference aiid Administrxtive Details Report of the Trustee$ 2 to 3 Independent txamlnei s Report Statement of Finanelal Activities Balaiice Sheet Notes to tlie financial Statements 7 to 12 Detalled Statement of Fininclal Aelfivltles 13 to 14
Morley Elderly Action Reference and Administratlve Details for the Year Ended 31 Mareh 2024 TRUSTEES Cllr T Leadl¢y Chair M Sidgwick Secrell A Lynch S Twoh¢y Treasurer M Han)ilto M Smytb M Madd¢Th PRINCIPAL ADDRESS Wesley Hous¢ 32 Wesley Streel Morl¢y Ixeds West Yorkshire LS27 9ED IiEGISTERED CHARITY NUMBER 1048838 IriDEPENDENT EXAMINER KJA Kilner Johnson Ltd N¢twork House sbs Beck Lan¢ Cleckheatort BD19 4TT PROJEcf MANAGER Carole IAW BANKERS Virgin Money l The Penny Hill Centre Church Street Hunslct Leeds LS102AP Lloyds TSB 75 Commercial Street Batley W¢st Yorkshire WF17 SEQ
Morley Elderly Actlon Report of the Trustees for the Year Ended 31 March 2024 The trustees present their report wtth the financial statements of the charity for the y¢ar ended 31 Maich 2024. The trustees have adopted the provisions of Accounting and Reporting by Chariti¢s'. Statement of Recommended Practice applicable to chaLlties preparing their accounts in accordance with the Fiiiatlcial Rcporting Standard applicable in the UK and Republic of Ireland (FRS 102) (eff¢ctiv¢ l Januaiy 2019). OBJECTIVEI S AND ACTIVITIES Morley Bld¢rly Action was forn]¢d as a charity no. 1048838 in 1995 under the original title of Greater Morley Community Care Proj¢ct and subsequ¢ntly registered a name change to Morley Elderly Action in 1998. We w¢re established to promote the relief of th¢ elderly wilhill 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, aiid we a¢hi¢v¢ this by a wide r&nge of services includin8,' Advocacy, Community Tea Rooms. Craft Group, Singing Efoup* Gdm¢slquizzes, Gard¢ning. General Help And Advice, Home Visits, Luiich Club5, a Memory Café for Dementia Clicnls, a Men's group, Newsletters, Sign Posting, Town H811 Coff¢e Mornings, Trades Lists, access onc¢ a month to a solicitor for free 1/2 hour legal advic¢, access to a benefits advisor and a onc¢ a year courtesy call to all members. Morley Elderly Action is a member of the Leeds Older People's Fornm and op¢ra1¢5 under a Neighbourhood N¢twork Service Coiitract with Leed5 City Coullcil's Adult Social Care. We are an associat¢ member of Voluntsry Action Leeds and Advocacy Network Leeds and we work in p&rlnership with Schools, the Police and th¢ Fire Service and wilh other faith, statutory atid voluntary organisatioiis to achieve our objectives. We hav¢ 1,439 members. who pay £8.00 per year, and who receive newsletters and a trades list but w¢ Also serve the general public (th¢ over 60s of Greater Morley) so IhAt rviC¢S are not restricted lo m¢mbers alone. Our services are delivered by 3 full lime staff and 46 actlve volunl¢ers who on an annual basis contribut¢ over 4,714 houTS of voluntAry output. In uiideitP¢king the above noted acliviti¢8, the trustees hav¢ had duc regard to ihe guidan¢e issued by the Charity Conunission on public benefit. ACHIEVE< MENT AND PERFORMANCE Morley Elderly Action conlinues to expand its range of activities and services. Figures for 31 March 2024: No, of memberslseryice users No. of volunteer5 Voluntc¢r hours contribut¢d per year Households b¢nefilling with a garden service (l) Total re¢orded services {2) 1,439 46 4714 hrs 344 20,537 Not¢s'. (l } Including other wards (2) In¢lud¢s NewsletteT8 and Trades Lists FINANCIAL REVIEW In 2011 Leeds City Council finally compleled the first Neighbourhood Neiworks Support for Older People Contract, A new fLve year Contract started on 1st Sept¢mber 2018 with a two year added in 2023. Th¢ reserves policy is to have a reserve of12 months costs, represented by a sum invested of approximately £25,000 and to keep a minimum of £IOO.000 in the general account. A budget h&s also been put into place by the mai)agement ¢ommitle¢ of £1 0,000 to maintain the upkeep of the building. The fall-out from the global credit crnnch has adv¢rs¢ly affected th¢ investment portion of our reserve portfolio although this will eventually boiince back.
Moi'ley Elderly Actioi) Repoi't of tl)e Trustees for the Year Ended 31 Mai'ch 2024 SI'RUCTURE, COVERNANCE Af4D MANAGEMENT Martagement Committee TTUStees elected at the Annu21 General Meeting andlor if mid-term co-opted to bring in specialist skills or knowledge and confimied in post at the next AGM. ie Committee shall consist of not more Ihan 8 members elected by the membership at each Annual General Meeting, and Jrplesentatives nominated by vaiious statOry bodies. In addition the Committee so formed can co-opt not moi thon 2 additional menlbers. The Management Committee meets 10 times a year and in addition holds ai) Annual General Meeting. Input is tsken into account fi'om stakehold's, voluntee]E, members and service users And in addition we hold sub-gi'oup meetings and cai'ry out annual satisfaction suiveys. 17 102 Approved by order of the board of Irustecs on .. ... . and signed on its behalf by.. S Twohey - TrLlStee
Independent Examiner's Report to the Trustees of Morley Elderly Actiou ndependejit examiner's report lo the trustees of Morley Eld¢i'ly Action I report to the charity tr11ste on my examinalion of the accounts of Morley Elderly Action (the Thst) for the year ended 31 March 2024. Respoiislbilities and basis of report As the cliarity h'uslees of the Triist you are T&sponsible for th¢ prqwation of the accounts in accordance with the requirements of the Charities Act 2011 Clh¢ Ad). I report in I'¢spect of my examination of the Trust's accounts Carried out under Section 14S of the Act and in carrying out Iny examination I have followed all applicable Directions given by the Charity ComrnÉs5ion under Section 145(5)(b) of the Act. Independont éxotnliier $ stgtement I hav¢ coniplet¢d my exainination. I confimi that no Inaterial matters have come to my attention in connection with the exomination giving me cause to believe that in any material respect: accounting recordx were not kept in respect of the Trust as required by Section 130 of th¢ Art; or the accoiinls do Jiot a¢cord with those records. or the accounts do not comply with the applicable requirements concerning the fom] and content of accounts set out in the Charities (Accounts and Repoils) Re8ulations 2008 other than any requirement that the accounts give a tru¢ Vlnd ff4ir view whiGh is not & Inatter considered &s part of an independent cxamination. I have no ¢oiicerns and have corne aosS no other matters in conn¢ction with the examinatioii to which attention should be drawn in this report in order to enable a proper UndStanding of the accounts lo reached. A R Effendl IUA Kilner Johnson Ltd Network House Stub5 Beck Lane Cleckheaton BD19 4 Date.. OILP
Morley Elderly Action Statement of Fiiiancial ActivKties for tlie Year Ended 31 Mai'cli 2024 2024 TotAI funds 2023 'rotal fullds Unrests'icted fund Resti'ieted funds Notes INCOMEI Af4D ENDOWMKNTS FROM Donations and legacies 24,190 24,190 26,539 Cliarltable aetivities Chai'itsble 131,306 20,637 151,943 159,440 104 1.231 104 1,199 Other trading activities Investment income 104 I,23l 20,637 177,468 187,282 Total 156,831 I XPENDITURE ON Raising ndS 570 Charltable activlti Chaiitable 150390 18,327 168,717 204,756 Total 150,390 18,327 168,717 205,326 Net gainsl(losses) on investments (410) (410) (1,760) NET INCOMEI l(EXPENDITURE) 6.031 2,310 8,341 (19.804) RECONCILIATION OF FUNDS Total funds bADught fonvard 354.075 105,371 459,446 479,250 TOTAL FUNDS CARRIED FORWARD 360,106 107,681 467,787 459,446 The notes foiin part of th&se financial statements
Morley Elderly Action Balance Sheet 31 Mareh 2024 2024 Total fiinds 2023 Total funds Unreskn'ietsd fund Restyicted funds Notes ri IXED ASSLI TS Tallgible assets 128,072 98.095 226,167 228,997 CURRENT ASSETS Investments Cash at bank and in hand 22,592 213.549 22,592 223,135 23,004 213,368 9,586 236.141 9,586 245,727 236,372 CREDITORS Amounts falling due witliin one year 10 (4,107) (4,107) (5,923) NET CI)RREI NT ASSETS 232,034 9,586 241,620 230,449 TOTAL ASSLI TS LESS CURRENT LIABILITIES 360,106 107,681 467,787 459,446 NET ASSETS 360,106 107,68L 467,787 459,446 FUNDS UmEsILiCted funds R¢shicted funds 360,106 107,681 354,075 105,371 TOTAL FUNDS 467,787 459,446 The fin cial statements were approved by the Board of TSteeS and authoiised for issue . and were signed on its behalf by: on S Twohey- Trustee The notes fonn part of thL8e financial statements
Morley Elderly Action Notes to the Financial Statemeiits for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basls of pi'epariiig the financial statenients The flnattcial statements of die chai'ity, which is a public beneftt entity under FRS I02, have been prq)ared in accot"dance with the Chal'lti SORP (FRS 102) 'Accowiting and Repoiting by Chai'itics.. Statement of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Standai'd applicable in th¢ iJK and Republic of Ireland (FRS 102) (effective L Januaiy 2019),, Financial Repoi'ting Standard 102 The Financial Reportiiig Standard applicable in the UK and Repiiblic of Ireland, and the Charities Act 2011. The financial statellienls have been prepai'ed under the liistorical cost onv¢ntion. In¢Dme All incom¢ is recognised in the Statenient of Financial Activities oncc the charity I entitlement to the fuiids, it is probable that the income will be i'eceived and the amouJ)t can be measui'ed reliably. ExpendSture Liabilities are rccognised as exEKnditw'e as soon as there is a legal OT constructive obligation committing the cliarity to that expenditui'e, it is pi'obable th%t a nsfer of economic benefits will be requii'ed itl Settlement aiid the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis aiid Iw been classified undei. lieaduigs that aggirgate all cost itlated to the c4tegoiy. Whei'e costs carfftot be directly atti'ibuted particulai. IadIngS they have been allocated to activiti on a basis coiisistent witli Ihe use of resources. Tangible red Assets Depi"eciation is provided at the following annual in onler to write off each asset over its estimated usthl life. Freehold pi'opeity Fixtures and fittings Computer equipment l•/0 Sight line 15 % reducing balance 33 % reducing balance Taxatlon The charity is exempt froin lax on its charitable activities. Fund accountlng Unyestricted fia$ can be used in accordance with the charitable obje¢tives at tlie disci'etion of tlie tnjstees. Restricted funds can only be used for particular T&8tricted purpow within the objects of the charity. Reslrictions arise wh¢n specified by the donor or when thnds rais for particular restricted pw'poses. Furthei. explanation of the nature and puwose of each fimd is Allcluded in the iiotes to tlie financial statements. PeDslon costs and other post-retirement benefits Tlie charity opateS a deftned contribution pension sclienie. Contributions p&yable to the Ch.11Y,s pension scheme al'e charged to the Statement of Financial Activiti&8 in the period to whicli they Telate. continued...
Moi'ley Elderly Action Notes to the Fiiiancial Stateinents- eontiiiued for the Year Ended 31 Mai'cl12024 OTHER TRADING ACTIVITIES 2024 2023 Other trading activitÈes 104 104 INVESTMENT INCOME 2024 2023 Investnients Tnterest receivable 1,185 46 1,151 48 1,231 1,199 RAISING FUNDS Raising donatioiis and legAefies 2024 2023 Support costs 570 TRUSTEI ES, REMUNERATION AND BENEFrrs There weit no tsustees, ranuneration or oth. benefIts for the ye2r ended 31 March 2024 nor foi. the year ended 31 Mai'cli 2023. Ti'ustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 Marcli 2023. STAFF COSTS 2024 2023 Wages and salaries Social secui&ty costs Otliei. pension costs 93,563 3,473 2,008 84,818 2,960 4,414 99,044 92,192 Tlie average Inonthly number of employees dwing the year was as follows.. 2024 2023 Employees No employees received eniolumellts in excess of £60,000. coiitiiiued...
Morley Elderly Action Notes to the Financial Statements- contijiued for the Year Ended 31 Mareh 2024 COMPARATIVES FOR THE STATEMENT OF FINANCiAL ACTIVITIES Unrestricted fund Restricted funds Total fllnds INCOME AND ENDOWMENTS FROM Donations and legacics 26.539 26,539 Chgritable Activities Charitable 135,428 24,012 159,440 Othei. trading activities Investment income 104 1,199 I04 1,199 Total 163,270 24,012 187,282 I XPENDrruRE ON Raising fiu]ds 570 570 Charitable activities Char&table 178,434 26,322 204,756 Tijtal 179,004 26,322 205,326 Net gainsl(losses) on investments (1,759) (i) (1,760) TrIET TNCOMEI(EXPENDTTURE) (17,493) (2,311) (19,804) RECONCILIATION OF FUNDS Totsl funds broiight foiivard 371,568 107,682 479.250 TOTAL FUNDS CARRIEI D FORWARD 354,075 105,371 459,446 Continued...
Morley Elderly Action Notes to the Fillaneial Statements- continued foi. tbe Year nded 31 Mareli 2024 TANGIBLE FIXED ASSETS Fixtui"cs and rittings Fi-eehold property Computer equipment Totals COST At l April 2023 Additio8 231.029 7.897 18,557 1,487 257.483 1,487 At 31 Marcli 2024 231,029 7,897 20,044 258,970 DEPRLI CIATION At l Api'il 2023 Chai-ge foi. year 9,003 2,311 5,060 442 14,423 1,564 28,486 4,317 At 31 Mai'ch 2024 11,314 5,502 15,987 32,803 NET BOOKVALUE At 31 Marcli 2024 219,715 2,395 4,057 226,167 At 31 Maicli 2023 222,026 2,837 4,134 228,997 CURRENT ASSET INVESTLIqENTS 2024 2023 Listed investments 22,592 23,004 io. CREDJTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Tde a'editors Social security and other taxes Pension Creditor Accrnals and deferred income 4,195 468 2,394 390 1,323 1,260 4,107 5,923 io continued...
Morley Elderly Actlon ly0t to the Financial Statements- eontiiiued for the Year Ended 31 Mai'eh 2024 ii. MOVEI MENT IN FUNDS Net movement iii fuiids At 31.3.24 At 1.4.23 Unresti-ieted funds Geft]eral fund 354,075 6,031 360,106 Re8ti'ie(ed funds Gai'deiiing Fiirnittue Prop'ty Acquisition Grants Winter Fund WinteL' Warmth 4,620 4,620 1,866 96,229 3,114 1,852 1,866 98,539 3,114 1,852 (2,310) 105.37l 2,310 107,681 TOTAL Fuf4DS 459,446 8,341 467,787 Net inovement in funds, included in the above are as follows: Ineoming resources Resoui'c&8 expended Gaiiis and losses Movement Sn funds Unrestrleted funds General fund 156,831 {150,390) (410) 6,031 Restricted funds Gai'dening Propei'ty Acquisition Grants 20,637 (16,017) (2,310) 4,620 (2,310) 20.637 (18,327) 2,310 TOTAL FUNDS 177,468 (168,717) (410) 8,341 Compai'atives for movement In fndS Net movement in funds At 31.3.23 At 1.4.22 Unrestricted fuiids General fijnd 371,568 (17,493) 354,075 Resti'icted funds FurnitLue Pyoperty Acquisition 7llts Winter Fund Winter Wai7nth 1,866 100,850 3.114 1,852 1,866 98,539 3,114 1,852 (2,311) 107,682 (2,311) 105,371 TOTAL FUFIDS 479,250 (19,804) 459,446 continued..
Morley Elderly Action Notes to tlie Finaiicial Statemeiits- continued for the Year Ended 31 Miweh 2024 MOVEI MENT IN fuNDS- coiitinued Coniparativ¢ net movemeiit in funds, included in the above are as follows.. Incoming resources Resources expeiided Galns and losses Movement iii funds Uni'esti'icted funds General fund 163,270 (179,004) (1,759) (17,493) Restl'lcted funds Gardening Propety Acqu(sition Grants 24,012 (24,012) (2,310) (i) (2,311) 24.012 (26.322) (i) (2,311) TOTAL FUNDS 187,282 (205,326) {1,760) (19,804) 12. RELATED PAIiTY DISCLOSURES There wer¢ no iElaled party transactions for the year ended 31 March 2023 nor for the yeai, ended 31 Marcli 2022. 12
Morley Elderly Aetion Detailed Statement of Financial Activities for the Year Ended 31 Marcli 2024 2024 2023 INCOML AND ENDOWMENTS Donatlons alid legicl Donatiolls Lkgacies 24,190 24,618 1,921 24,190 26,539 Otliey ts'ading activities Otlier trading activities 104 104 Iiivestmeiit Income Investments Inteiest receivable 1,185 46 1,151 48 1,231 1,199 Charitable aetlvlties LL'ed8 City Council Grants 144,167 7,776 151,664 7,776 151,943 159,440 Total iiicomliig resources 177,468 l 87,282 EXPEI NDITURE Charltable actlvities Wages So¢ial secuiity Pensions Rates and water Insui'ance Light and li¢at Teleplioiie Postage aiid statioiiery Adveilising Sundj'ies Waste disposal Computer costs Travel & volunteer expenses Tr'rnining & gubscriptions Event costs Gardening Depieciation IKgal fees 93,563 3,473 2,008 2,113 1,850 2,958 3,238 5,973 485 6,258 1,439 1,812 5,724 159 5,913 16,017 4,316 539 84,818 2,960 4,414 1,825 1,693 2,174 1,770 7,025 90 6,449 1,289 1,510 3,899 199 6.817 24,012 4,864 157,838 155,808 This page does not fomi pait of the statutory fll]anci21 statements 13
Morley Elderly Aetion Detailed Stateineiit of Fin211cial ActivÈties foi. the Year nded 31 March 2024 2024 2023 Support costs Managenient Repaiis & i'enewals 8,215 45,708 Fiiianee Bank cliarges 333 696 Governance cosLs AecounlaIicy and legal fees 2,331 3,114 Total resources expended l68,7l7 205,326 Net Incomel(expeiidltui'e) befoi'e gains 9nd losses 8,751 (18,044) Realised i'ecogiiised gains and losses Realised gains/(losses) on fixed asset investments (410) {1,760) Net iiicomel(expenditure) 8,341 (19,804) This page does not fonll part of the statOry financial statenients 14