2023-03-31-accounts - Age UK Portsmouth

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		Page
Report ofthe Trustees	1	to	11
Report ofthe Independent Auditors	12	to	15
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement		18
Notes to the Cash Flow Statement		19
Notes to the Financial Statements	20	to	31

					2023	2022
			Unrestricted	Restricted	Total	Total
		Notes	funds f	funds 8	funds	fundsf
INCOll/IE AND ENDOWMENTS	FROII/I
Donations and legacies		2	12,392	(81)	12,311	13,949
Charitable activities		5
Charitable activities			858,830	155,036	1,013,866	809,468
Other trading activities		3	18,283		18,283	14,134
Investment income Other income		4	1,601 18,271	1,520	1,601 ~19791	188 6,394
Total			909377	156,475	1,065,852	844,133
EXPENDITURE ON
Raising funds		6	58,724	4,995	63,719	26,597
Charitable activities		7
Charitable activities			977.008	148,698	1.125.706	949929
Total			1,035.732	153693	1,189,425	976,526
NET INCOME/(EXPENDITURE) Transfers between funds		19	(126,355) 4,418	2,782 ~4,4181	(123,573)	(132,393)
Net movement In funds			(121,937)	(1,636)	(123,573)	(132,393)
RECONCILIATION OF FUNDS
Total funds brought forward			891,415	4,276	895,691	1,028,084
TOTAL FUNDS CARRIED FORWARD			769,478	2,640	772,118	895,691

	AGE UK PORTSMOUTH
	BALANCE SHEET
	31 MARCH 2023
		2023	2022
	Notes
FIXEDASSETS
Tangible assets	13	501,888	507,162
Investments	14		2
		501,888	507,164
CURRENT ASSETS
Debtors	15	223,078	81,233
Cash at bank and in hand		194,709	378,197
		417,787	459,430
CREDITORS
Amounts falling due within one year	16	(147,557)	(70,903)
NET CURRENT ASSETS		270,230	388527
TOTAL ASSETSLESSCURRENT
LIABILITIES		772,118	895,691
NET ASSETS		~772 118	895,691
FUNDS	19
Unrestricted funds		769,478	891,415
Restricted funds		2,640	4,276
TOTAL FUNDS		772118	,895891

	FOR T	HE YEAR ENDE	D 31 MARCH 2023
			2023	2022
		Notes	F	6
Cash flows from operating	activities
Cash generated from operations		1	(178,016)	(177,565)
Net cash used in operating	activities		(178,016)	(177,565)
Cash flows from investing	activities
Purchase oftangible fixed assets			(9,525)
Sale of intangible fixed assets			2,450
Sale oftangible fixed assets				(288)
Sale offixed asset investments			2
Interest received			1,601	188
Net cash used in investing activities			~5472)	~100)
Change in cash and cash	equivalents
in the reporting period			(183,488)	(177,665)
Cash and cash equivalents	at the
beginning ofthe reporting	period		378,197	555,862
Cash and cash equivalents	at the end
ofthe reporting period			194,709	378,197

					2023	2022
					F
Net expenditure for		the reporting		period (as per the Statement
ofFinancial	Activities)				(123,573)	(132,393)
Adjustments	for:
Depreciation	charges				14,799	15,921
(Profit)/loss	on disposal of		fixed assets		(2,450)	288
Interest received					(1,601)	(188)
Increase in debtors					(141,845)	(9,153)
Increase/(decrease)		in creditors			~76654	~52,040)
Net cash used in operations					~178,016)	(177,565)
ANALYSIS	OF CHANGES		IN NET	FUNDS
				At 1.4.22 f	Cash flow f	At 31.3.23 f
Net cash
Cash at bank and in		hand		378,197	(183,488)	194709
				378,197	(183,488)	194,709
Total				378,197	~183,488)	~194709

4.	INVESTMENT INC	OME
								2023	2022
								6	6
	Deposit account interest							1,601	188
	All investment income is		derived		from assets held		in the United Kingdom.
5.	INCOME FROM CHARITABLE				ACTIVITIES
				Activity				2023 6	2022 f
	Grants			Charitable		activities		368,909	346,126
	Service income			Charitable		activities		644 957	.463 342
								~1013,866	809,468
	Grants received, included		in	the	above,	are as follows:
								2023	2022
	Royal Navy and Royal Marines				Charity			44,344	46,158
	Age UK							122,017	103,414
	Big Lottery Fund							35,378	107,726
	Armed Forces Covenant		Fund Trust					59,837	72,092
	HIVE Discretionary	Cdsis						610	410
	Job Retention Scheme								9,080
	Portsmouth City Council							44,000
	HIWCF							4,578	1,271
	Chichester College	Kickstart						8,011	5,975
	Action Hampshire							3,460
	British Red Cross							18,972
	Hampshire County	Council						27,702
								368,909	346,126
6.	RAISING FUNDS
	Other trading activities
								2023	2022
								6	F
	Purchases							37,037	1,563
	Support costs							26,682	25,034
								63,719	26,597

CHARITA	BLE ACTIVITIES COSTS
			Support
		Direct	costs {see
		Costs	note 8)	Totals
Charitable	activities	6 771,216	E 354,490	1 12' ,706

SUPPORT	C	OSTS
					Governance
			Management f	Finance F	costs F	Totals E
Other trading		activities	24,692	1,370	620	26,682
Charitable	activities		328,061	18,186	8,243	354,490
			352,753	19,556	8,863	381,172
Activity			Basis ofallocation
Management			Use of resources
Finance			Use ofresources
Governance		costs	Use ofresources
Support costs, included			in the above, are as follows;

Management
				2023	2022
		Other
		trading	Charitable	Total	Total
		activities	activities	activities	activities
			F	E	6
Staff costs		16,748	222,526	239,274	228,253
Office costs		4,297	57,085	61,382	49,965
Premises costs		1,083	14,380	15,463	17,886
Accountancy	support	2,564	34,070	36,634	35,257
		24,692	328,061	352753	331,361
Finance
				2023	2022
		Other
		trading	Charitable	Total	Total
		activities	activities	activities	activities
		F	F	5	E
Bank charges		334	4,423	4,757	5,309
Depreciation	oftangible fixed assets	1,036	13,763	14,799	15,930
Loss on sale	oftangible fixed assets				288
		1,370	18,186	19,556	21,527

The average monthly number ofemployees	during the year was as follows:
	2023	2022
Charitable	35	74
Support	48	22
	83	96

consideration paid and employee remuneration and benefits of the key ma charity was f177,927(2022:f161,951).	consideration paid and employee remuneration and benefits of the key ma charity was f177,927(2022:f161,951).	consideration paid and employee remuneration and benefits of the key ma charity was f177,927(2022:f161,951).	nagement per	sonnel ofthe
COINPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds f	funds f	fundsf
INCONIE AND ENDOWMENTS	FROM
Donations and legacies		13,949		13,949
Charitable activities
Charitable activities		579,748	229,720	809,468
Other trading activities		14,134		14,134
Investment income		188		188
Other income		6 394		6,394
Total		614,413	229,720	844,133
EXPENDITURE ON
Raising funds		17,762	8,835	26,597
Charitable activities
Charitable activities		729,672	226257	949929
Total		747,434	229,092	976,526
NET INCOME/(EXPENDITURE)		(133,021)	628	(132,393)
RECONCILIATION OF FUNDS
Total funds brought forward		1,024,437	3,647	1,028,084
TOTAL FUNDS CARRIED FORWARD		891416	4275	895691

TANGIBLE FIXEDASSETS
			Fixtures
	Freehold	Plant and	and
	property f	machinery f	fittings F
COST
At 1 April 2022	642,806	7,761	87,413
Additions		4,860
At 31 March 2023	642,806	12,621	87,413
DEPRECIATION
At 1 April 2022	141,841	7,761	87,413
Charge for year	6,428	813
At 31 March 2023	~148269	8,574	87,413
NET BOOK VALUE
At 31 March 2023	494,537	4,047
At 31 March 2022	500,965
	Motor	Computer
	vehicles	equipment 5	Totals f
COST
At 1 April 2022	10,025	59,828	807,833
Additions		4,665	9,525
At 31 March 2023	10,025	64,493	817,358
DEPRECIATION
At 1 April 2022	10,025	53,631	300,671
Charge for year		7,558	14,799
At 31 March 2023	10,025	61,189	315470
NET BOOK VALUE
At 31 March 2023		3,304	501,888
At 31 March 2022		6,197	507,162

									2023 f	2022 6
Trade debtors Other debtors Prepayments									215,053 1,060 6,965	64,604 7,070 9,559
									223,078	81 233
CREDITORS: AMOUNTS				FALLING DUE	WITHIN ONE YEAR
									2023	2022
Trade creditors Social security and other taxes									12,526 12,294	7,306 9,506
Other creditors									4,437	3,305
Accruals and deferred		income							118,300	50786
									147,557	70,903
Deferred income	comprises			grants received for		future financial		periods.
									2023	2022
									6
Brought forward									41,656	99,957
Amount released Amount deferred	to incoming resources in year								(41,656) 'I12496	(99,957) 41,656
Carried forward									112,496	41,656
LEASING AGREEMENTS
Minimum lease payments			under non-cancellable			operating	leases fall due		as follows:
									2023	2022
Within one year Between one and	five	years							5,755 9,968	3,852 5,329
									~15 723	9,181
ANALYSIS OF NET ASSETS BETWEEN					FUNDS
									2023	2022
					Unrestricted		Restricted		Total	Total
						funds		funds	funds	funds
						F			6	6
Fixed assets					501,888				501,888	507,162
Investments										2
Current assets					415,147			2,640	417,787	459,430
Current liabilities					(147,557)				~147557)	~70,903)
					769,478			2 640	772,118	895691

MOVEMENT IN FUN	DS
					Net	Transfers
					movement	behveen	At
			At	1.4.22 f	in funds	funds f	31.3.23 f
Unrestricted funds
General fund			891,415		(126,355)	4,418	769,478
Restricted funds
Civic Hardship Grant			(4,396)			4,396
What's in IT Living Well			2,496 3,787		130	(2,626) (3,787)
Joining Forces in Portsmouth				461		(461)
Veterans Information	Point			20	12	(32)
Special Advice Service			1,908			(1,908)
Dementia MCST					2,640		2,640
			4,276		2,782	~4,418)	2,640
TOTAL FUNDS			895,691		~123,573)		772,118
Net movement in funds,		included	in the above are as follows:
					Incoming	Resources	Movement
					resources f	expended	in funds f.
Unrestricted funds
General fund					909,377	(1,035,732)	(126,355)
Restricted funds
What's in IT					130		130
Close Encounters					30,378	(30,378)
Joining Forces in Portsmouth					59,837	(59,837)
Veterans Information Dementia IVICST	Point				44,342 21,788	(44,330) ~}9,148	12 2,640
					156,475	153,693	2,782
TOTAL FUNDS					1,895,852	~},}894251	~}23,573}

						Net	Transfers
						movement	between	At
				At 1.4.21		in funds	funds	31.3.22
				8		E
Unrestricted funds
General fund Designated Recovery	Fund			794,437 200,000		(133,022) —	130,000 ~100,0000	791,415 100,000
			1,024,437			(133,022)		891,415
Restricted funds
Civic Hardship Grant What's in IT				(2,823) 2,193		(1,573) 303		(4,396) 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
Comparative net movement		in funds,	included	in the	above	are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						F	8
Unrestricted funds
General fund						614,412	(747,434)	(133,022)
Restricted funds
Civic Hardship Grant What's in IT						320	(1,573) (17)	(1,573) 303
Close Encounters Joining Forces in Portsmouth						107,726 14,570	(107,740) (14,536)	(14) 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)