2022-03-31-accounts - Age UK Portsmouth

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		Page
Report ofthe Trustees	1	to	13
Report ofthe Independent Auditors	14	Io	17
Statement of Financial Activities		18
Balance Sheet		19
Cash Flow Statement		20
Notes to the Cash Flow Statement		21
Notes to the Financial Statements	22	to	33

						2022	2021
				Unrestricted	Restricted	Total	Total
			Notes	funds f	funds	funds f	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	13,950		13,950	17,930
Charitable activities
Charitable activities				573,773	229,720	803,493	1,048,143
Other trading activities			3	14,134		14,134	7,116
Investment income			4	188		188	574
Other income				12,368		12,368	4,234
Total				614,413	229,720	844,133	1,077,997
EXPENDITURE ON
Raising funds			6	17,762	8,835	26,597	42,347
Charitable activities			7
Charitable activities				729,672	220,257	949,929	873,992
Total				747,434	229,092	976,526	916,339
NET INCOME/(EXPENDITURE)				(133,021)	628	(132,393)	161,658
RECONCILIATION	OF FUNDS
Total funds brought	forward			1,024,437	3,647	1,028,084	866,426
TOTAL FUNDS CARRIED FORWARD				891,416	4,275	895,691	1,028,084

		BALANCE SHEET 31 MARCH 2022
		Notes	2022 6	2021 f
FIXED ASSETS
Tangible assets		13	507,162	523,083
Investments		14	2	2
			507,164	523,085
CURRENT ASSETS
Debtors		15	81,233	72,080
Cash at bank and	in hand		378,197	555,862
			459,430	627,942
CREDITORS
Amounts falling due within one year		16	(70,903)	(122,943)
NET CURRENT ASSETS			388,527	504,999
TOTAL ASSETS	LESSCURRENT
LIABILITIES			895,691	1,028,084
NET ASSETS			895,691	1,028,084
FUNDS		19
Unrestricted funds			891,415	1,024,437
Restricted funds			4,276	3,647
TOTAL FUNDS			895,691	1,028,084

	FOR T	HE YEAR ENDED	31 MARCH 2022
			2022	2021
		Notes	5	f
Cash flows from operating	activities
Cash generated from operations		1	(177,565)	208,124
Net cash (used in)/provided	by operating	activities	(177,565)	208,124
Cash flows from investing	activities
Purchase oftangible fixed assets Purchase offixed asset investments Sale oftangible fixed assets			(288)	(18,952) (1) 1,200
Interest received			188	574
Net cash used in investing activities			~100)	~17,179)
Change in cash and cash	equivalents
in the reporting period Cash and cash equivalents	at the		(177,665)	190,945
beginning ofthe reporting	period		555,862	364,917
Cash and cash equivalents	at the end
ofthe reporting period			378,197	555,862

	RECONCILIATION ACTIVITIES		OF	NET	(	EXPENDITURE	)/INCOME TO NET CASH	FLOW FROM	OPERATING
								2022	2021
									6
	Net (expenditure)/income				for the reporting		period (as per the
	Statement of Financial			Activities)				(132,393)	161,658
	Adjustments for:
	Depreciation charges							15,921	11,870
	Loss/(profit) on disposal			of fixed assets				288	(1,200)
	Interest received							(188)	(574)
	(Increase)/decrease		in debtors					(9,153)	11,684
	(Decrease)/increase		in creditors					~52,040)	24,686
	Net cash (used in)/provided					by operations		(177,565)	208,124
2.	ANALYSIS OF CHANGES				IN	NET FUNDS
							At 1.4.21	Cash flow f	At 31.3.22 f
	Net cash
	Cash at bank and	in	hand				555,862	(177,665)	378,197
							555,862	(177,665)	378,197
	Total						555,862	(177,665)	378,197

on charitable activities. T notes to the accounts. Tangible fixed assets Depreciation is provided estimated useful life.	he bases on whic at the following
Freehold property	1%on cost
Plant and machinery	33%on cost
Fixtures and fittings	33%on cost
Computer equipment	50%on cost

											2022	2021
											6
Deposit account interest											188	574
All investment	income is			derived			from assets held		in the United	Kingdom.
INCOME FROM CHARITABLE							ACTIVITIES
											2022	2021
					Activity						6
Grants					Charitable			activities			340,151	704,813
Service income					Charitable			activities			463,342	343,330
											803,493	1,048,143
Grants received,		included		in	the		above,	are as follows:
											2022	2021
												f
Royal Navy and Royal Marines							Charity				46,158	43,896
Age UK											103,414	243,623
Big Lottery Fund											107,726	118,585
Armed Forces	Covenant			Fund		Trust					72,092	46,524
HIOW Community			Foundation									2,499
HIVE Discretionary			Crisis								410	1,720
Job Retention Scheme											9,080	86,619
Portsmouth City Council												25,000
National Lottery Development						Grant						125,000
HIWCF											1,271	11,347
											340,151	704,813
RAISING FUNDS
Other trading	activities
											2022	2021
												f
Purchases											1,563	670
Staff costs												18,809
Other costs												361
Depreciation												635
Support costs											25,034	21,872
											26,597	42,347

						Support
					Direct	costs (see
					Costs f	note 8) f	Totals f
Charitable	activities				617,360	332,569	949,929
SUPPORT	COSTS
						Governance
				Management f	Finance f	costs f.	Totals f
Other trading		activities		23,197	1,507	330	25,034
Charitable	activities			308,164	20,020	4,385	332,569
				331,361	21,527	4,715	357,603
Activity			Basis of allocation
Management			Use	ofresources
Finance			Use	ofresources
Governance		costs	Use	ofresources

Management
					2022	2021
			Other
			trading	Charitable	Total	Total
			activities	activities	activities	activities
			f.	f.	f.	f
Staff costs			15,979	212,274	228,253	205,584
Office costs			3,498	46,467	49,965	53,807
Premises costs			1,252	16,634	17,886	15,074
Accountancy	support		2,468	32,789	35,257	18,370
			23,197	308,164	331,361	292,835
Finance
					2022	2021
			Other
			trading	Charitable	Total	Total
			activities f	activities f	activities f	activities
Bank charges			371	4,938	5,309	4,779
Depreciation	oftangible	fixed assets	1,116	14,814	15,930	11,234
Loss on sale	oftangible	fixed assets	20	268	288	~1,200)
			1,507	20,020	21,527	14,813

STAFF CO	STS
		2022	2021 f
Wages and	salaries	786,569	727,297
Socia I security		35,662	34,293
Employers	pension costs	15,407	13,784
		837,638	775,374

The average monthly number ofemployees	during the year was as follows:
	2022	2021
Charitable	74	60
Support	22	25
	96	85

	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 MARCH 2022	d
12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					funds 6	funds	fundsf
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies				17,889	41	17,930
	Charitable activities
	Charitable activities				682,973	365,170	1,048,143
	Other trading activities				7,116		7,116
	Investment income				574		574
	Other income				4,234		4,234
	Total				712,786	365,211	1,077,997
	EXPENDITURE ON
	Raising funds				33,684	8,663	42,347
	Charitable activities
	Charitable activities				514,651	359,341	873,992
	Total				548,335	368,004	916,339
	NET INCOME/(EXPENDITURE)				164,451	(2,793)	161,658
	RECONCILIATION	OF FUNDS
	Total funds brought		forward		859,985	6,441	866,426
	TOTAL FUNDS CARRIED FORWARD				1,024,436	3,648	1,028,084
13.	TANGIBLE FIXEDASSETS
							Fixtures
					Freehold	Plant and	and
					property 6	machinery f	fittings f
	COST
	At 1 April 2021 and	31 March 2022			642,806	7,761	87,413
	DEPRECIATION
	At 1 April 2021				135,413	7,761	87,396
	Charge for year				6,428		17
	At 31 March 2022				141,841	7,761	87,413
	NET BOOK VALUE
	At 31 March 2022				500,965
	At 31 March 2021				507,393		17

	FOR THE YEAR ENDED	31 MARCH 2022
13.	TANGIBLE FIXEDASSETS - continued
		Motor	Computer
		vehicles f	equipment f	Totals 6
	COST
	At 1 April 2021 and 31 March 2022	10,025	59,828	807,833
	DEPRECIATION
	At 1 April 2021	10,025	44,155	284,750
	Charge for year		9,476	15,921
	At 31 March 2022	10,025	53,631	300,671
	NET BOOK VALUE
	At 31 March 2022		6,197	507,162
	At 31 March 2021		15,673	523,083
14.	FIXEDASSET INVESTMENTS
				Unlisted
				investment
				f
	MARKET VALUE
	At 1 April 2021 and 31 March 2022
	NET BOOK VALUE
	At 31 March 2022
	At 31 March 2021

DEBTORS: AMOUNTS FALLING DUE WITH	IN ONE YEAR
	2022	2021
		6
Trade debtors	64,604	57,092
Other debtors	7,070	8,984
Prepayments	9,559	6,004
	81,233	72,080

CREDITORS: AMOUN	TS FALLING DUE WITHIN ON	E YEAR
		2022	2021
			f.
Trade creditors		7,306	4,316
Social security and other taxes		9,506	7,809
Other creditors		3,305	4,877
Accruals and deferred	income	50,786	105,941
		70,903	122,943

					2022	2021
Brought	forward				99,957	72,671
Amount	released	to	incoming	resources	(99,957)	(72,671)
Amount	deferred	in	year		41,656	99,957
Carried	forward				41,656	99,957

Minimum lease payments under non-	cancellable operating	leases fall du	e as follows:
			2022 f	2021 f
Within one year			3,852	769
Between one and five years			5,329	1,730
			9,181	2,499
ANALYSIS OF NET ASSETSBETWEEN FUNDS
			2022	2021
	Unrestricted	Restricted	Total	Total
	funds f	funds f	funds f	funds
Fixed assets	507,162		507,162	523,083
Investments	2		2	2
Current assets Current liabilities	455,154 ~70,903)	4,276	459,430 ~70,903)	627,942 ~722,943)
	891,415	4,276	895,691	1,028,084

MOVEMENT IN FUN	DS
						Net	Transfers
						movement	between	At
			At	1.4.21 f		in funds f.	funds	31.3.22
Unrestricted funds
General fund Designated Recovery	Fund		794,437 230,000			(133,022)	130,000 ~130,0003	791,415 100,000
			1,024,437			(133,022)		891,415
Restricted funds
Civic Hardship Grant			(2,823)			(1,573)		(4,396)
What's in IT			2,193			303		2,496
Living Well			3,787					3,787
Close Encounters					14	(14)
Joining Forces in Portsmouth					427	34		461
Veterans Information	Point				20			20
Special Advice Service					29	1,879		1,908
			3,647			629		4,276
TOTAL FUNDS			1,028,084			~132,3833		895,691
Net movement in funds,		included	in the above are as follows:
						Incoming	Resources	Movement
						resources f	expended f	in funds f.
Unrestricted funds
General fund						614,412	(747,434)	(133,022)
Restricted funds
Civic Hardship Grant							(1,573)	(1,573)
What's in IT						320	(17)	303
Close Encounters						107,726	(107,740)	(14)
Joining Forces in Portsmouth						14,570	(14,536)	34
Veterans Information	Point					46,157	(46,157)
Special Advice Service Dementia MCST						57,524 3,424	(55,645) ~3,424)	1,879
						229,721	(229,092)	629
TOTAL FUNDS						844,133	(976,526)	(132,393)

Comparatives for m	ovemen	t in fun	ds
						Net	Transfers
						movement	between	At
				At 1.4.20 f		in funds f	funds	31.3.21 f
Unrestricted funds
General fund				859,985		164,452	(230,000)	794,437
Designated Recovery	Fund						230,000	230,000
				859,985		164,452		1,024,437
Restricted funds
Civic Hardship Grant						(2,823)		(2,823)
What's in IT				2,193				2,193
Living Well				3,787				3,787
Close Encounters					14			14
Joining Forces in Portsmouth					427			427
Veterans Information	Point				20			20
Special Advice Service						29		29
				6,441		~2,794)		3,647
TOTAL FUNDS				866,426		161,658		1,028,084
Comparative net movement		in funds,	included	in the above		are as follows:
						Incoming	Resources	Movement
						resources f	expended f	in funds f
Unrestricted funds
General fund						712,787	(548,335)	164,452
Restricted funds
Civic Hardship Grant							(2,823)	(2,823)
Close Encounters						118,585	(118,585)
Joining Forces in Portsmouth						19,532	(19,532)
Veterans Information	Point					43,897	(43,897)
National Lottery - Covid Response						50,013	(50,013)
Special Advice Service Job Retention Scheme						46,564 86,619	(46,535) ~86.619)	29
						368,210	~368,004)	~2,794)
TOTAL FUNDS						1,077,997	~916,339)	161,658