## 

# 



## 

## 

||||||Page|
|---|---|---|---|---|---|
|Board ofTrustees Report|||||t -16|
|Independent<br>Auditors<br>Report to the|||Members|and Trustees|17- tg|
|ofthe Charitable<br>Company||||||
|Consolidated<br>Statement|of|Finanasl|Activities||20-21|
|Consolidated<br>Balance Sheet|||||22|
|Charity Balance Sheet|||||23|
|Cash Flow Statement|||||24|
|Notes to the Consolidated||Financial|Statements||25 - 45|





## 

## 

|Company|Raglstratlan|Raglstratlan|Number:|01763679Registered|In|England|England|and Wales|
|---|---|---|---|---|---|---|---|---|
|Charity Registration||Number:||1049527|||||
|Registered|Office:|||The Bradbury<br>Centre|||||
|||||13Seville Slreet West|||||
|||||North Shields|||||
|||||Tyne 5 Wear|||||
|||||NE29 6QP|||||
|Board ofTrustees:||||Mr R Adams||Chair|||
|||||Mr R D. Morton||Treasurer|||
|||||kilr R Brown||(resigned||December 2tI22)|
|||||kllr<br>M Cotton|||||
|||||hfr. L. Gilder||(elected||IVlarch 2rI23I|
|||||Ms. T.J.Harrison|||||
|||||IVlrs. A. Scurfield|||||
|||||'Mr. C.Swan|||||
|||||Dr A. Kent||(elected||June 2022)|
|||||Miss H Altchison||(elected||April 2023i|
|Group Chief Executive:||||Ms D. IVlclu ally||Group Chief Executive|||
|Bankers:||||Barclays Bank pic|||||
|||||86 Park View|||||
|||||Whltley<br>Bay|||||
|||||Tyne 8 Wear NE26 3RA|||||
|Auditors:||||Robson Laidler Accountants|||Limited||
|||||Fernwaod<br>House|||||
|||||Fernwaod<br>Road|||||
|||||Jesmand|||||
|||||Newcastle<br>upon Tyne|||||
|||||NE2 1TJ|||||





## 

## 

## 

## 

## 



## 

## 



## 

## 

## 



## 



## 



## 

## 



## 

## 



## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 



## 

## 

## 



## 

## 

|||%lots|Unrestricted|Unrestricted|Restricted|0asigna ted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|||
|||||2023|2023|2D23|2023|2022|
|||||9|||5||
|Income from:|||||||||
|Donations<br>and lag aoas||4||91,585|||91.565|12,974|
|Charitable<br>active as||5|1,531,944||178,002||1.809.946|1,570.076|
|Other trading<br>activities||6|6|5|||6,274,468|4 959303|
|Tots IIncome|||7|997977|176602||8175979|6 542 353|
|~Ex endlture<br>on:|||||||||
|Cost of raising funds|||||||||
|Trading<br>activities|||5,102.191||||5,102, I9 I|4,287,247|
|Ch an tab le activitie s||7|2,765,627||178,002|9,890|2,953,519|2,169.008|
|lrnpairrnent<br>of fixed assets|||||||||
|Total expenditure||||86 618|1 8062|9696|8055716|6456345|
|Net gains<br>/ losses on investmenis||||22.M9|||22,869||
|Met incomingl(outgoirig)<br>before transfers|resources|||153,028||(9.890)|143,138|86,DG8|
|Gross transfers<br>oetween funds|||349,259|||(349,259)|||
|Other recognised gains|and||||||||
|Actuanal<br>gain /(Loss) on defined<br>benefit pension scheme||||||(32,000)|(32.000)|(15,000)|
|Net movement<br>in funds||||502,287||(301,149)|111,138|71,008|
|Fund balances<br>at I Anni 2022||||928,120||959,743|1.667.S63|1,516,855|
|Fund balances at 31 March 2023|||1,430.407|||568,594|1,999,001|1,887.863|





## 

|||||Unrestricted|Restricted|Oesig nate d|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds||
|||||2022|2022|2022|2022|
|||||8|6||6|
|Income fr om:||||||||
|Donations<br>and legacies||||12,974|||12,974|
|Cheritable<br>activities||||1,227,632|342,244||1,570,076|
|Other trading<br>activities||||4,959 303|||4,959,303|
|Tots I Income||||6200 109|342 244||0542 353|
|Expenditure<br>on:||||||||
|Cost of raising funds||||||||
|Trading<br>activities||||4.287,247|||4,267,247|
|Chantab le<br>acbvities||||1.806,664|342,244|20,190|2,169,096|
|Impairment<br>of fixed assets||||||||
|Total expenditure||||6093,911|342 244|20 190|6406 345|
|Net gains<br>I losses on investments||||||||
|Net in coming((outgoing)<br>before transfers||resources||106,198||(20,180)|86,008|
|Gross transfers<br>between|funds|||45,042||(45,042 l||
|Other recognised<br>gains||and losses||||||
|Actuarial<br>gain I (Loss) on <br>pension scheme|defined||benefit|||(15,000)|(15.000)|
|Net movement<br>in funds||||151,240||(80,232)|71,008|
|Fund balances at 1 Anni 2021||||776 880||1,039.975|1,816,855|
|Fund balances at 31 Starch 2022||||928,120||959,743|1,887,863|





## 

## 

|||||||||Note|2023||2022|2022||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Fixed assets||||||||||||||
|Tangible assets||||||||12|6S6,649||||721,424|
|Inveslm cols||||||||13|||||373347|
||||||||||686,649||||1,094.771|
|Current assets||||||||||||||
|Stocks||||||||14|7,925||20,721|||
|Debtors||||||||15|486,335||515,407|||
|Cash at bank and<br>in|hand||||||||1,312070||754,083|||
||||||||||1,11~8,330|1,290,2'l1||||
|0 0tt:<br>t|1|ili|8 0||it8||7|16 ~495.978||414,405||||
|Net current assets|||||||||1 312.352||||875 806|
|Total assets less current||||liabilities|||||1.999,001||||1.970,577|
|Creditors: amounts|falling|||due|after one||year|17||||||
|Net assets excluding||pension|||a~berne|Ilabhity|||1,999,001||||1,887,863|
|Defined pension so'berne|||liability|||||22||||||
|Total assets less current||||liabilities|||||1 999001||||1 887863|
|The funds ofthe charity||||||||||||||
|Reslrlclerl<br>funds||||||||19||||||
|Unresldcted<br>fund s||||||||||||||
|General<br>funds||||||||20|670,617|411,77S||||
|Everyday Care & Support||||||||20|759,790|516,342||||
|Desiqnated<br>—slrateqic||||||||20|189,640|119,640||||
|Designated - Properly||and||pension||||20|378,954|840,103||||
|Total unrestricted|funds||||||||1,999,001||||1687,863|
|Total charity<br>funds|||||||||1999001||||1 887 863|
|These financial statemenls||||were approved|||by the|Board|of Trustees on!44/~.|c2023<br> and are signed||on|their behalf by:|





## 

|||||||Note|2023||2022|
|---|---|---|---|---|---|---|---|---|---|
|Fixed assets||||||||||
|Tangible assets||||||12||562,122|650.386|
|Invs st ments||||||13||4|373,351|
|||||||||662,126|1,023,737|
|Current assets||||||||||
|Stacks||||||14|885||1,081|
|Debtars||||||15|332,138||450,444|
|Cash at bank and|in|hand|||||526 154||147,897|
||||||||859,177||599,422|
|6<br>dk<br>.'|t|I|III 6 d|%161|*7|16|~162.992||169,329|
|Net cur re nt assets||||||||677 085|430,093|
|Total assets less current liabilities||||||||1.239,211|1,453,830|
|Creditors: amounts||falling due||after one year||17|||~?2141|
|Net assets excluding|||pension|scheme|liability|||1,239,211|1,371,116|
|Pension scheme<br>liabilities||||||22||||
|Total assets less|current liabilities|||||||1 239 211|I 371.116|
|The funds ofthe|chanty|||||||||
|Restricted funds||||||19||||
|Unrestricted<br>funds||||||||||
|General funds||||||20|638,617||411,373|
|Desiqnated<br>—strateqic||||||20|189,640||119,640|
|De siqnated<br>-Property|||and pension|||20|410,954||840,103|
|Total Unrestricted||funds||||20||1,239,211|1,371,116|
|Total charity funds||||||||1.239 211|I 371116|






## 

|||||hiote|2023|2022|
|---|---|---|---|---|---|---|
|||||||6|
|Cash flows from operating<br>activities|||||||
|Net cash provided<br>by (used in) operating|activities|||28|293,092|80,636|
|Cash flows from investing<br>activities|||||||
|Proceeds on disposal of investment<br>property|||||3915216||
|Proceeds on disposai<br>of fixed assets<br>Purchase<br>of tangible<br>fixed assets|||||113,414<br>{10~2,024|~II2.474|
|kst cash provided<br>by (used in) investing||activities|||347.609|(112,474)|
|Cash flows from financing<br>activities|||||||
|Repay<br>m ent of b or rowi ngs|||||82,714|~10.00+0|
||||||(82,714)|(10.000)|
|Change<br>in cash and cash equivalents|||||557,987|(41.838)|
|Cash and cash equivalents<br>at the beginning|||of||754,083|795,921|
|the reporting<br>period|||||||
|Cash and cash equivalents<br>at the end|of|the|||||
|reporting<br>period|||||I 312D70,|704,D03|
|Breakdown<br>ofcash and cash equlva! ants|||||||
|Change<br>in cash and cash equivalents|||||1,312,070|764,083|





## 

## 



## 

## 

|The aost of fixed assets is depreciated|The aost of fixed assets is depreciated|over the expected|useful|lives of the asset ss follows:|
|---|---|---|---|---|
|Freehold<br>land|||not depreciated||
|Freehold buildings|1,0%||straight|fine basis|
|Equipment|12.5%||straight|line basis|
|Fixtures &fittings|12.5%||straight|line basis|
|Office equipment|'l2.5%||straight|line basis|
|IV!alar vehicles|25.0%||reduolng|balanCe basis|
|Computer<br>equipment|333%||straight|line basis|



## 

## 

## 



## 

## 



## 

## 

## 

## 

## 



## 

## 

|Donations||||||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Designated|Total|Tots I|
||funds|funds|funds|2023|2022|
||f|f.||f|f|
|Donations|21,565|||21,565|11,632|
|Legacy|70,000|||7D,DDD|1,342|
||91,565|||91,565|'I2,974|



## 

||||Unrestricted|Restricted|Designated|Tote!|Total|
|---|---|---|---|---|---|---|---|
||||funds<br>f.|funda|funds|2023f|2022<br>f|
|Chan table trusts grants|||240,351|178,002||4'I8,353|565,661|
|Contracts/SLA||income|1,036,862|||1,036,862|606,652|
|Private|individuals||301,507|||301,507|149,527|
|Income|from|transport|53,224|||53,224|45,636|
||||1,631,944|178,002||1,8D9,946|1,570,D76|



|Other tr|ading|activities||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Designated|Total|Total|
||||funds|fund|funds|2023|2022|
|||||||f|f|
|Income|from EveryDay|||||||
|-Professional||care and|6,140,435|||6,140,435|4.647,395|
|support||||||||
|Catering|income||126,951|||126,951|74.72B|
|Rental income||from assets|6,220|||6,220|25,168|
|Sale of|sundry|items|162|||162|114|
|Other income|||700|||700|11.900|
||||6,274,468|||6,274, 468|4,959,303|





## 

|7.1. Direct cost|s|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Designated|Tata I|Tote I|
||||Funds|Funds|Fund|2023|2022|
||||||f|||
|Staff 5 volunteer|casts||1,594,984|122,301||1,717,285|1,538,349|
|Premises casts|||755,995|||755,995|110,039|
|Overhead<br>costs|||250,618|14,190||284,808|257,327|
|Motor vehicle costs|||23,315|||23,315|17,623|
|Depreciation|||30,251||9,890|40,141|47,595|
|Loss on disposal|offixed assets||2,670|||2,670||
|Marketing<br>& promotion|||2,959|||3,494|12,170|
|FOod 8 prov isicn|s||4,732|||4,732|3,004|
|Audit fees|||8.520|||e,520|7,200|
|Legal 5 profeasiOnal||feea|38,339|||38,339|63,250|
|Project &development||work|19,498|40,976||60,474|95,033|
|Sundry<br>purchases|for re-sais||33,746|||33,746|17,508|
||||2,T65,627|178,002|9,890|2,953,519|2,169,098|



## 

|7.2. Support costs|||
|---|---|---|
||2023|2022|
|Executive team|102,1S9|60,588|
|Finance|143,549|114,883|
|HR &training|160,581|114,590|
|Markebng<br>& communication|42,579|35,562|
|Quality<br>& performance|34,063|19,757|
|Governance|25,547|22,391|
|Total su ppart costs|508.5DB|367,771|



|7.3.|Governance|cos|ts|||
|---|---|---|---|---|---|
|||||2023|2022|
|Staff|related casts|||26,046|30.803|
|Legal|and professional||fees|19.996|18,346|
|Other|costs|||1.065|(197)|
|Tots|I governance|costs||47,107|48,952|





## 

## 


||||||||
|---|---|---|---|---|---|---|
|Profit and lass|arcount||||2023|2022|
||||||E|6|
|Turnover||||6,261,930||4,922,121|
|Cost of sales||||(5.555,335(||~4,59(,(59(|
|i4et Profit|||||606,595|230,932|
|Balance sheet|summary||||||
|Fixed assets|||||124.528|71,038|
|Current assets||||1,160,(517||905.3I34|
|Current<br>liabilities||||~(525,355||~459,595(|
|Net assets|||||759,790|516,747|
|EveryDay<br>Homes<br>Ltd|||||||
|EveryDay<br>Homes|Ltd was incorporated|on 21 February 2019, the company||has remained|dormant|for the period|
|ended 31 March|2023||||||
|Net income<br>/ expenditure|||||||
|The group surplus|I defi(st is stated after|charging|f (creditingl||||
||||||2023|2022|
||||||6|f.|
|Depreciation<br>—owed assets|||||60,513|58,413|



## 

## 



## 

|||||2023|2022|
|---|---|---|---|---|---|
|Total salary costs analysed|||by|||
|Wages|and salaries|||5,732,100|4,931,828|
|National|insurance|contributions||416,534|325,298|
|Pension|contnbutions|||171,664|152,807|
|||||6,320,298|5,4D9,933|



|2023|2022|
|---|---|
|bio.|No.|



|||2023|2D22|
|---|---|---|---|
|||No.|No.|
|Executive|team|2|2|
|Leadership|team|6|6|
|Managers||17|17|
|Co-ordinators||32|32|
|Nurses||1|1|
|Officers||24|24|
|Assistants||25|228|
|||332|310|





## 

|12.|Tangible<br>fixed assets|||||
|---|---|---|---|---|---|
||Group|||||
|||Freehold<br>Land|Fixtures 8|Motor||
|||8 Buildings<br>f.|Fittings<br>f|Vehicles<br>f|Tots I<br>F|
||Cost or valuation|||||
||At<br>1 Apnl 2022|1,286,719|648,292|74,864|2,009,675|
||Additions|31,020|76,316|54,685|162,021|
||Di epos ale|(117,300)|(190,076)|(28,423)|(335,799)|
||At 31 March 2023|1,200,439|534,532|101,126|1,836,097|
||Depreciation|||||
||At 1 Apnil 2022|725,930|511,669|50,852|1,288,451|
||Charge for the year|9,890|41.782|8,841|60,513|
||Diepcsale|(5,989)|(168,945)|(24,582)|(201,800)|
||At 31 March 2023|729,831|384,506|35,111|1,149,448|
||Net book value|||||
||At 31 March 2023|470,608|150,026|66,015|686,649|
||At 31 March 2022|560,789|136,623|24,012|721,424|





## 

|Charity|Freehold<br>Land &<br>Buildings|Fixtures<br>fsFltt ln0a<br>6|htoto r<br>Vehicles|Total|
|---|---|---|---|---|
|Cost or valuation|||||
|At<br>1 April 2022|1,286,719|476,413|43,191|1,806,323|
|Additions|31,020|45.349||76,369|
|Dlepos ale|(117,300)|(176,800)||(294,1DD)|
|At 31 March 2023|1.200.439|344,962|43,191|1,588,592|
|Depreciation|||||
|At<br>1 April 2022|725,930|405,719|24,288|1,155,937|
|Charge<br>for the year|9,890|26,003|4,126|40,619|
||(5,989)|(164,097)||(170,086)|
|At 31 March 2023|729,831|267,625|29,014|1,026,470|
|Net book value|||||
|At 31 March 2023|47D,608|77,337|14,177|562,122|
|At 31 March 2022|560,789|70,694|16,903|650,386|



|At 1 April 2023 and 31 March 2023|1,235,652|
|---|---|
|Depreciation<br>At 1 April 2022|375,472|
|Charge<br>for the year|12,357|
|At 31 Marrh 2023|387,829|
|Net book value||
|At 31 March 2D23|847,823|
|At 31 March 2022|860,180|





## 

## 

|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
||||||2|||
|Investments|in wholly|awned|subsidiaries|||||
|Inveslment|Properly||||373,347||373,347|
||||||373,347||373,351|
||||||||Investment|
||||||||property|
|Cost or|valuation|||||||
|At<br>1 April|2022||||||373,347|
|Additions||||||||
|Disposals|||||||(373,347)|
|At 3 I March 2023||||||||



|14.|Stock|||||
|---|---|---|---|---|---|
|||Group|Group|Charity|Charity|
|||2023|2022|2023|2022|
||||5|f.|2|
||Con sum a blas|7,925|20,721|885|1,081|





Age UK North Tynèsido
Notès to thè flnaneial slaterhents
For the yoar ond$d 31 March 2023
15.
D•btors
Group
2023
Group
2022
Charity
2023
Charity
2022
Trade debrors
10S.868
43,232
184.307
43.773
30,62Q
255,707
41,489
18,859
132,389
19.825
30.620
53,089
214,521
450.444
Prepayment5
Other debloTS
Accnied Income
Amounts owed by group companifjs
339.235
59.606
212,184
332,138
488,335
515.407
16.
roditors
Group
2023
Group
2022
Charity
2023
Charity
2022
Trade creditors
Oiher crèditors
Amounts c>wecl to group ur%dert8kiws
Other laxe5 and social security
Accruals
Deferred income
Mortgagelsee note 181
59,921
38,353
52,259
33,741
32,190
13,243
22,933
14,730
100,167
224,367
T3,1TO
88,153
206,876
23.37e
10,000
414.405
28,475
35,014
73,170
31,173
67,117
23,376
10,000
495.978
182,092
169,32C
Defer￿￿ In¢ome
Delerred Incomo compr15es grants relat1ng lo future penods as follows.
As a11 April 2022
Addilions in the year
Released lo income
23,376
73,170
123,376}
73,170
As at 31 March 2023
17.
Crodilors: amounts falling duo aft•r one year
Group
2023
Group
2022
Charlty
2023
Charity
2022
Morlgage
82,714
82.714
36

## 

|Loan payable|Loan payable|falling due|||||
|---|---|---|---|---|---|---|
||||Group|Group|Charity|Charity|
||||2023|2D22|2023|2022|
||||8|9||8|
|Within|1 year|||10,000||10,000|
|Between 2||and 5years||40.000||40,000|
|Mare|than|5years||42,714||42,714|
|||||92.714||92,714|



|19.|Restricted funds||||||||
|---|---|---|---|---|---|---|---|---|
||Year ended 31 March 2D23||At|||||At|
||||1/4/2D22|Income|Expenditure|Transfers||31/3/2023|
||||E|9|||f||
||Baitinger Trust|||10,000|(10000)||||
||Headley<br>Trust|||17,500|(17,500)||||
||Age UK Later Life|Goals||13,991|(13,991)||||
||Armed Forces Coven ani trust|||24,528|(24.528)||||
||Sporting<br>Forces|||18,689|(18,689)||||
||Big lottery<br>Fnendly <br>Places|Faces in Loca!||8,918|(8,916)||||
||Big Lottery Community<br>Fund—<br>Ageing Belter|||12,338|(12,338)||||
||Big Lottery Ending|Loneliness||12,000|(12,000)||||
||NHS CCG Healthy|Ha'bile||60,040|(60,ij40)||||
|||||178,DD2|(178,002)||||





## 

## 




|20.|Unrestricted|Unrestricted|funds|~|group||||||
|---|---|---|---|---|---|---|---|---|---|---|
||Year ended||31 March||2023|At||||At|
|||||||1/4/2022|Income|Expenditure|Transfers|31/3/2023|
||Unrestricted||funds||||||||
||General|fund||||411,778|1.753,460|(2,765,627)|907,454|670,61/|
||Everyday|Care &Support||||516,342|6,267,386|(5,l02,191)|(558,195)|759,790|
|||||||928,120|8,020,848|(7,867,818)|349,259|1,430,407|
||Designated||funds||||||||
||Property|fund||||840, 103||(9,890)|(451,259)|378,954|
||Strategic|Development|||fund|119,640|||70,000|189,640|
|||||||959,743||(9,890)|(349,259)|568,594|
||Total|Unrestricted|||funds|1,887,863|8,020,846|(7,877,708)||1,999,001|
||Year ended||31 March||2022|At||||At|
|||||||1/4/2021|income|Expenditure|Transfers|31/3/2022|
||||||||8||6|6|
||Unrestricted||funds||||||||
||General|fund||||491,065|1,277,988|(1.806,664)|449,389|411,778|
||Everyday|Care & Support||||285,815|4,922,121|(4,287,247|(404,347)|516.342|
|||||||776,880|6,2M,109|(B,D93,911)|45,042|928,120|
||Designated||funds||||||||
||Properly|fund||||851,611||(20,190)|8.682|840.103|
||Strategic|Development|||fund|207,364|||(87.724)|119,640|
||Final salary pension|||liability||(19,000)|||19,000||
|||||||'l,039,975||(2D,19D)|(60,042)|959,743|
||Total|Unrestricted|||funds|1,816,855|6,20D,109|(6,114,101)|(15,00D)|1,887,863|



## 



## 

## 

|Unrestricted|funds|—Charity|—Charity||||||
|---|---|---|---|---|---|---|---|---|
|Year ended|31 March||2023|At||||At|
|||||1/04/2 022|Income|iExpenditure|Transfers|31/03/2023|
|||||R|F||E|E|
|Unrestricted|funds||||||||
|General<br>fund||||1,371,116|2,850,944|(2,972,959)|349,259|638,617|
|Des ig nat ed fun ds|||||||||
|Property<br>fund||||840,103||(9,890)|(419,259)|410,954|
|Strategic Development|||fund|119,640|||70,000|189.640|
|Final salary pension||liability|||||||
|||||959,743||(9,890)|(349,259)|600,594|
|Total Unrestricted||funds||1,371,116|2,950,944|(2,982,849)||1,239,211|





|Year ended|3'! March|3'! March|2022|At||||At|
|---|---|---|---|---|---|---|---|---|
|||||1(4(2021|Income|Expenditure|Transfers|31I3/2022|
||||||E|F|E|k|
|Unrestricted|funds||||||||
|General<br>fund||||290,304|2,224,935|(2,163,908)|60,042|411,373|
|Designated|funds||||||||
|Property<br>fund||||851.611||(20,190)|8,682|840,103|
|Sbetegic Development|||iund|207,364|||I 87,724)|119.640|
|Final salary pension||liability||(19,000)|||'I9,000||
|||||1,039,975||(20,190)|(60,042)|959,743|
|Total Unrestricted||funds||1,330,279|2,225,935|(2,184.095)||1,371,116|



## 

|||||Unrestricted|Restricted|Designat|Tote I|
|---|---|---|---|---|---|---|---|
|||||||ed||
|||||Funds|Funds|Funds|Funds|
||||||f|5|5|
|Tangible|fixed assets|||216,041||470,608|656,649|
|Net current assets||||1,214.,366|||1,312,352|
|Creditors|dua after one year|||||||
|Defined|pension|scheme|liability|||||
|||||1,430,407||568,594|1,999,001|





## 

## 

||||Un re stri ct ed|Re strict|ed|Des i9nate d|Tots I|
|---|---|---|---|---|---|---|---|
||||Funds|Funds||Funds|Funds|
||||||S|||
|Tangible|fixed assets||160,635|||934,136|1,094,771|
|Net current assets|||767,485|||108,321|875,806|
|Creditors|due after ane year|||||(82,714)|(82,714)|
|Defined|pension scheme|liability||||||
||||928,120|||959,743|1,687,863|



## 

## 

|Total costs recognised<br>In the period:|Total costs recognised<br>In the period:||2023<br>6'000|2022<br>f.'000|
|---|---|---|---|---|
|Cun ent service costs||||13|
|Past service costs|||||
|Other finance costs|||||
|Pension expense recognised|as an expanse||14|13|
|Amount<br>recognised as other comprehensive||income|(46)|(28l|
|Total recog nised|||(32)|(15)|
|The amounts<br>recognised<br>in|the balance sheet are as follows:||2023<br>6'000|2022<br>6'000|
|Fair value of scheme<br>liabilities|||(2 ILI53)|(2,560l|
|Fair value of scheme assets|||2,187|2,735|
|Surplus<br>in the scheme (not|recognised)||134|175|





## 

## 

|Change|in present|value afthe defined|value afthe defined|value afthe defined|benefit obligation:|benefit obligation:|2023<br>6'000|2022<br>E'000|
|---|---|---|---|---|---|---|---|---|
|Opening|defined<br>benefit obligation||||||2,560|2,B63|
|Interest cost|||||||70|55|
|Actuanal|(gain)/loss|arising on scheme||liabilities|||(464)|P3)|
|Benefits|paid (including<br>expenses)||||||(113)|(85)|
|Liabilities<br>in scheme at end ofthe year|||||||2,053|2,560|
|Change|in fair value af scheme assets||||||2023<br>6'000|2022<br>E'000|
|Qpening|fair value ofscheme assets||||||2,735|2,644|
|Expected return<br>on||scheme assets|||||70|55|
|Actuarial|(losses)/gains||||||(551)|74|
|Employer|contributions||||||60|60|
|Benefits|paid (including<br>expenses)||||||(127)|(98)|
|Total market value||ofassets|||||2,187|2,735|
|Major categories af scheme assets as a percentage||||||of total assets|2022|2022|
|||||||||'Ya|
|Equities|||||||9.1|16.7|
|Diversified<br>growth|||||||4.8|12.6|
|GIRs and|bonds||||||70.2|59.9|
|Infrastructure|||||||13|95|
|Cash||||||||1.3|
||||||||100|100|
||||||||2D23|2022|
||||||||6'000|E'000|
|The actual return<br>on scheme assets for||||the year was|||(481)|129|
|Principle|actuarial|assumptions|at the||balance sheet date||2D23<br>'rS|2022<br>'A|
|Discount|rate||||||4 85|2.8|
|Rate of increase<br>in||payment<br>of pre|2008 pensions||||370|3.6|
|Rate of increase<br>in||payment<br>of post 2006 pensions|||||2.1|2.5|
|Inflation|rate (R PI)||||||3 25|36|
|Inflation|assumption|(DPI)||||||2.8|





## 

|The assumed|The assumed|life expectstlons|an retirement|at age 65|2023<br>Years|2022<br>years|
|---|---|---|---|---|---|---|
|Retinng|today|—males|||86.8|87.1|
|Relinng|today|—females|||88 8|89.5|
|Retiring|in 20|years —males|||88.1|88.1|
|Retinng|in 20|years —females|||90.2|90.6|



## 

|peratin|g<br>le|ases ss set out below:|||||
|---|---|---|---|---|---|---|
||||Group|Group|Charity|Charity|
||||2023|2022|2023|2D22|
||||6|6|6|6|
|Within|1 year||466,000|14,216|468,ODD|14,216|
|Ivlore|then|1 year snd less than 5years|156,000||156,00D||
||||624,000|14,216|624,000|14,216|



## 

## 

## 

||||||2022|2D22|
|---|---|---|---|---|---|---|
||||||6|E|
|Net income|/ (expenditure)||far|the period|143,138|86,0I08|
|~Ad<br>t<br>t|I||||||
|investment|income||||||
|Depreciation|||||60,513|58,413|
|Pension scheme adjustment|||||(32,000l|(34,000)|
|(increase l|/ Decrease|in stock|||12,796|(9,229)|
|Decrease /(increase)||in debtors|||27,072|50,953|
|(Decrease)|/ increase|in creditors|||81,573|(71,509)|
|Net cash provided<br>by||operating||activities|293,D92|8D,636|





## 

## 

|||1 Apr|Cash|31 Mar|
|---|---|---|---|---|
|||2022|flows|2023|
|||||6|
|Short|term cash borrowings|(10,000)|I0,000||
|Long|term cash borrowings|(82,714)|82,714||
|Total|liabflities|(92,714)|92,714||
|Cash|and cash equivalents|754,083|557,987|1,312.070|
|Total|net debt|661,369|650,701|1,312.070|