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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|14|
|Report ofthe Independent<br>Auditors|15 to||18|
|Statement of Financial Activities||19||
|Balance Sheet||20||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||22||
|Notes to the Financial Statements|23|to|33|





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|Accessible|We assist adults and older people to live independently||and exercise choice.|and exercise choice.|and exercise choice.|
|---|---|---|---|---|---|
|Respecfful|We draw strength<br>from the voices of adults and older|people and|||ensure those voices|
||are heard.|||||
|Innovative|We are dynamic<br>and driven<br>by results and constantly|deliver for adults and older||||
||people.|||||
|Compassionate|We are passionate<br>about what we do and care about|each individual.||||
|Trusted|We are experts, authoritative<br>and quality orientated.|||||
|Guiding Principles:<br>These five principles<br>underpin<br>all the work that we do:||||||
|Ageism is unacceptable<br>-Age UK Portsmouth<br>is against<br>all forms ofage discrimination|||||and challenges|
|unfair treatment|on the basis ofage.|||||
|All people have|the right to make decisions about their lives - Age UK Portsmouth|||helps adults and||
|older people to discover and exercise their rights.||||||
|People less able to help themselves<br>should be offered support - Age UK|||Portsmouth||seeks to support|
|adults and older|people to live their lives with dignity.|||||



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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|fund<br>f|funds|funds|fundsf|
|INCOME AND ENDOWMENTS<br>Donations<br>and legacies||FROM|2|17,889|41|17,930|19,507|
|Charitable<br>activities<br>Charitable<br>activities|||5|682,973|365,170|1,048,143|851,653|
|Other trading activities<br>investment<br>income<br>Other income||||7,116<br>574<br>4,234||7,116<br>574<br>4,234|49,943<br>1,685<br>51,677|
|Total||||712,786|365,211|1,077,997|974,465|
|EXPENDITURE ON<br>Raising funds|||6|33,684|8,663|42,347|60,751|
|Charitable<br>activities<br>Charitable<br>activities|||7|514,651|359,341|873,992|844,007|
|Total||||548,335|368,004|916,339|904,758|
|NET INCOME/(EXPENDITURE)||||164,451|(2,793)|161,658|69,707|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds brought|forward|||859,985|6,441|866,426|796,719|
|TOTAL FUNDS CARRIED FORWARD||||1.024,436|3648|1,028,084|866,426|





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||BALANCE SHEET|||
|---|---|---|---|
||31MARCH 2021|||
||Notes|2021<br>f|2020<br>f|
|FIXEDASSETS<br>Tangible assets<br>Investments|13<br>14|523,083<br>2|516,001<br>1|
|||523,085|516,002|
|CURRENT ASSETS<br>Debtors<br>Cash at bank and In hand|15|72,080<br>555,862|83,764<br>364,917|
|||627,942|448,681|
|CREDITORS<br>Amounts<br>falling due within one year|16|(122,943)|(98,257)|
|NET CURRENT ASSETS||504999|350424|
|TOTAL ASSETS LESSCURRENT<br>LIABILITIES||1,028,084|866,426|
|NETASSETS||1.020,084|000.426|
|FUNDS<br>Unrestricted<br>funds<br>Restricted funds|19|1,024,437<br>3,647|859,985<br>6,441|
|TOTAL FUNDS||1,1128.084|866.426|





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|||CASH FLOW STATEMENT|CASH FLOW STATEMENT||
|---|---|---|---|---|
||FOR THE YEAR ENDED 31 MARCH 2021||||
||||2021|2020|
|||Notes|||
|Cash flows from operating<br>activities<br>Cash generated<br>from operations||1|208,124|121,878|
|Net cash provided<br>by operating<br>activities|||208,124|121,878|
|Cash flows from investing<br>activities<br>Purchase<br>oftangible<br>fixed assets<br>Purchase<br>offixed asset investments|||(18,952)<br>(I)||
|Sale oftangible fixed assets<br>Interest received|||1,200<br>574|1,685|
|Net cash (used in)/provided|by investing|activities|~17,179)|1,685|
|Change<br>in cash and cash <br>in the reporting<br>period|equivalents||190,945|123,563|
|Cash and cash equivalents<br>beginning<br>ofthe reporting|at the<br>period||364,917|241,354|
|Cash and cash equivalents<br>ofthe reporting<br>period|at the end||555,862|~364917|





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|RECONCILIATION|OF NET|INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES<br>2021<br>2020|INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES<br>2021<br>2020|INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES<br>2021<br>2020|INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES<br>2021<br>2020|
|---|---|---|---|---|---|
|||||2||
|Net income for the reporting<br>Financial Activities)|||period (as per the Statement of|161,658|69,707|
|Adjustments<br>for:<br>Depreciation<br>charges<br>Profit on disposal<br>offixed assets<br>Interest received<br>Decrease<br>in debtors<br>Increase/(decrease)<br>in creditors||||11,870<br>(1,200)<br>(574)<br>11,684<br>~24686|8,213<br>(1,685)<br>48,856<br>~3,213)|
|Net cash provided|by operations|||208,124|121,878|
|ANALYSIS OF CHANGES||IN|NET FUNDS|||
||||At 1.4.20|Cash flow|At 31.3.21|
|||||2||
|Net cash<br>Cash at bank and in|hand||364,917|190,945|555,862|
||||364,917|~190945|555,862|
|Total|||~364917|190,945|~555 862|





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|INVESTMENTINCOME|||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||||6|
|Deposit account interest|||||574|1,685|
|All investment<br>income is derived from assets held||||in the United Kingdom.|||
|INCOME FROM CHARITABLE ACTIVITIES|||||2021|2020|
|Grants<br>Service income||Activity<br>Charitable<br>Charitable|activities<br>activities||2<br>704,813<br>343,330|359,999<br>491,654|
||||||1,048,143|851,653|
|Grants received, included|in|the above,|are as follows:||2021|2020|
||||||2|2|
|Royal Navy and Royal Marines Charity<br>Age UK<br>Big Lottery Fund<br>Armed Forces Covenant<br>Fund Trust<br>HIOW Community<br>Foundation<br>HIVE Discretionary<br>Crisis<br>Job Retention Scheme<br>Portsmouth<br>City Council<br>National<br>Lottery Development<br>Grant<br>HIWCF|||||43,896<br>243,623<br>118,585<br>46,524<br>2,499<br>1,720<br>86,619<br>25,000<br>125,000<br>11,347|35,495<br>178,730<br>111,724<br>29,704<br>4,066<br>280|
||||||704,813|359,999|
|RAISING FUNDS|||||||
|Other trading activities|||||2021|2020|
|Purchases<br>Staff costs<br>Other costs<br>Depreciation<br>Support costs|||||670<br>18,809<br>361<br>635<br>21,872|9,535<br>27,422<br>1,491<br>762<br>21,541|
||||||~42 347|60,751|





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||||||Support||
|---|---|---|---|---|---|---|
|||||Direct|costs (see||
|||||Costs|note 8)|Totals|
|||||2|2||
|Charitable<br>activities||||583,416|290,576|873,992|
|SUPPORT COSTS|||||Governance||
||||Management|Finance|costs|Totals|
||||2||||
|Other trading<br>activities<br>Charitable<br>activities|||20,499<br>272,336|1,037<br>13,776|336<br>4,464|21,872<br>290,576|
||||292,835|14,813|4,800|312448|
|Activity||Basis of allocation|||||
|Management||Use ofresources|||||
|Finance||Use of resources|||||
|Governance|costs|Use of resources|||||
|Support costs, included||in the above, are as follows:|||||
|Management|||||2021|2020|
||||Other||||
||||trading<br>activities<br>f|Charitable<br>activities|Total<br>activities<br>2|Total<br>activities<br>f|
|Staff costs<br>Office costs<br>Premises costs<br>Accountancy<br>support|||14,391<br>3,767<br>1,055<br>1,286|191,193<br>50,040<br>14,019<br>17,084|205,584<br>53,807<br>15,074<br>18,370|217,181<br>39,146<br>22,365<br>10,893|
||||20,499|272,336|~292835|289,585|
|Finance|||||2021|2020|
||||Other||||
||||trading<br>activities|Charitable<br>activities|Total<br>activities|Total<br>activities|
|Bank charges<br>Depreciation<br>oftangible<br>Loss on sale of tangible||fixed assets<br>fixed assets|335<br>786<br>~84)|4,444<br>10,448<br>~t, f16)|4,779<br>11,234<br>~1,200)|6,238<br>7,450|
||||1,037|13,776|14,813|13,688|





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|Net income/(expenditure)<br>is stated after charging/(creditin|g):||
|---|---|---|
||2021|2020|
|Auditors'<br>remuneration<br>Depreciation<br>- owned assets<br>Surplus<br>on disposal<br>offixed assets|4,800<br>11,870<br>~1,200)|4,452<br>8,213|



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|STAFF CO|STS|||
|---|---|---|---|
|||2021|2020|
|Wages and salaries<br>Social security<br>Employers<br>pension costs||727,297<br>34,293<br>13,784|775,047<br>33,997<br>14,420|
|||775374|823464|






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||NOTES TO THE FINANCIAL<br>STATEMENTS -continued<br>FOR THE YEAR ENDED 31 MARCH 2021|NOTES TO THE FINANCIAL<br>STATEMENTS -continued<br>FOR THE YEAR ENDED 31 MARCH 2021|||
|---|---|---|---|---|
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES<br>Unrestricted||Restricted|Total|
|||fund<br>2|funds|fundsf|
||INCOIIIIE AND ENDOWIIIIENTS FROM<br>Donations<br>and legacies|19,284|223|19,507|
||Charitable<br>activities<br>Charitable<br>activities|616,479|235,174|851,653|
||Other trading<br>activities<br>Investment<br>income<br>Other income|49,940<br>1,685<br>51,677|3|49,943<br>1,685<br>51,677|
||Total|739,065|235,400|974465|
||EXPENDITURE ON<br>Raising funds|53,842|6,909|60,751|
||Charitable<br>activities<br>Charitable<br>activities|616,449|227,558|844,007|
||Total|670,291|234,467|904,758|
||NET INCOME|68,774|933|69,707|
||Transfers between funds|~1,006)|1,006||
||Net movement<br>in funds|67,768|1,939|69,707|
||RECONCILIATION<br>OF FUNDS||||
||Total funds brought<br>forward|792,220|4,499|796,719|
||TOTAL FUNDS CARRIED FORWARD|859,988|6,438|866,426|





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|TANGIBLEFIXEDASSETS||||
|---|---|---|---|
||||Fixtures|
||Freehold|Plant and|and|
||property|machinery|fittings|
|COST<br>At 1 April 2020|642,806|7,761|87,413|
|Additions||||
|At 31 March 2021|642,806|7,761|87,413|
|DEPRECIATION<br>At 1 April 2020<br>Charge for year|128,985<br>6,428|7,126<br>635|87,292<br>104|
|At 31 March 2021|135,413|7,761|87,396|
|NET BOOK VALUE<br>At 31 March 2021|507,393||17|
|At 31 March 2020|513,821|635|121|
||Motor|Computer||
||vehicles|equipment|Totals|
|COST<br>At 1 April 2020<br>Additions|10,025|40,876<br>18,952|788,881<br>18,952|
|At 31 March 2021|10,025|59,828|807,833|
|DEPRECIATION<br>At 1 April 2020<br>Charge for year|9,925<br>100|39,552<br>4,603|272,880<br>11,870|
|At 31 March 2021|10,025|44,155|~284 750|
|NET BOOK VALUE<br>At 31 March 2021||15,673|523,083|
|At 31 March 2020|100|1 324|516,001|





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|DEBTORS:AMOUNTS<br>F|L|LING DUE WITHIN|ONE YEA|R|||
|---|---|---|---|---|---|---|
|<br>|||||2021|2020|
|||||||2|
|Trade debtors<br>Other debtors<br>Prepayments|||||57,092<br>8,984<br>6,004|75,403<br>2,160<br>6,201|
||||||72,080|83,764|
|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||||
||||||2021|2020|
|Trade creditors<br>Social security and other taxes<br>Other creditors<br>Accruals and deferred<br>income|||||4,316<br>7,809<br>4,877<br>105,941|6,649<br>8,422<br>5,077<br>78,109|
||||||122,943|98,257|
|Deferred income comprises||grants received for|future financial periods.||||
||||||2021|2020|
|Brought forward<br>Amount<br>released to incoming<br>Amount deferred<br>in year||resources|||72,671<br>(72,671)<br>99,957|68,806<br>(68,806)<br>72,671|
|Carried forward|||||99,957|72,671|
|LEASING AGREEMENTS|||||||
|Minimum<br>lease payments|under non-cancellable||operating|leases fall due|as follows:<br>2021|2020|
||||||f||
|Between one and five years|||||2,499|3,994|



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|<br>FOR THE YEAR ENDED 31|<br>FOR THE YEAR ENDED 31|<br>FOR THE YEAR ENDED 31|MAR|CH 2021|||
|---|---|---|---|---|---|---|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||2021|2020|
|||Unrestricted||Restricted|Total|Total|
|||fundf||funds<br>2|funds<br>2|funds<br>2|
|Fixed assets<br>Investments<br>Current assets<br>Current<br>liabilities||523,083<br>2<br>624,295<br>~122.943)||3,647|523,083<br>2<br>627,942<br>~122,943)|516,001<br>1<br>448,681<br>~98.257)|
|||1,024,437||3647|1 028084|866,426|
|MOVEMENT<br>IN FUNDS|||||||
||||||Net||
||||||movement|At|
|||||At 1.4.20|in funds|31 321|
|Unrestricted<br>funds<br>General fund||||859,985|164,452|1,024,437|
|Restricted funds<br>Civic Hardship<br>Grant<br>What's<br>in IT<br>Living Well<br>Close Encounters<br>Joining Forces in Portsmouth<br>Veterans<br>Information<br>Point<br>Special Advice Service||||2,193<br>3,787<br>14<br>427<br>20|(2,823)<br>29|(2,823)<br>2,193<br>3,787<br>14<br>427<br>20<br>29|
|||||6,441|~2,794|3,647|
|TOTAL FUNDS||||866,426|161,658|1,028,084|
|Net movement<br>in funds,|included|in the above are as|follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||2|||
|Unrestricted<br>funds<br>General fund||||712,787|(548,335)|164,452|
|Restricted funds<br>Civic Hardship<br>Grant<br>Close Encounters<br>Joining Forces in Portsmouth<br>Veterans<br>Information<br>Point<br>National<br>Lottery - Covid Response<br>Special Advice Service<br>Job Retention<br>Scheme||||118,585<br>19,532<br>43,897<br>50,013<br>46,564<br>86,619|(2,823)<br>(118,585)<br>(19,532)<br>(43,897)<br>(50,013)<br>(46,535)<br>~86,679)|(2,823)<br>29|
|||||365.211)|~368,004)|2,794|
|TOTAL FUNDS||||1.077,997|~9)6.339)|161,658|





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|Comparatives<br>for m|ovemen|t<br>in fun|ds||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
|||||At 1.4.19||in funds|funds|31.3.20|
|||||2||||6|
|Unrestricted<br>funds<br>General fund||||792,220||68,771|(1,006)|859,985|
|Restricted funds<br>Civic Hardship<br>Grant<br>What's<br>in IT<br>Living Well<br>Close Encounters<br>Joining Forces in Portsmouth<br>Veterans<br>Information<br>Point||||712<br>3,787||(1,006)<br>1,481<br>14<br>427<br>20|1,006|2,193<br>3,787<br>14<br>427<br>20|
|||||4,499||936|1,006|6,441|
|TOTAL FUNDS||||796,719||69,707||866,426|
|Comparative<br>net movement||in funds,|included|in the above||are as follows:|||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||||2|
|Unrestricted<br>funds<br>General fund||||||739,065|(670,294)|68,771|
|Restricted funds|||||||||
|Civic Hardship<br>Grant<br>What's<br>in IT<br>Close Encounters<br>Joining Forces in Portsmouth<br>Veterans<br>Information<br>Point||||||273<br>1,481<br>107,416<br>89,715<br>36,515|(1,279)<br>(107,402)<br>(89,288)<br>~36,495)|(1,006)<br>1,481<br>14<br>427<br>20|
|||||||235,400|234,464|936|
|TOTAL FUNDS||||||974,465|(904,758)|69,707|





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