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