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|||||Page|
|---|---|---|---|---|
|Reference and Administrative||Details ofthe Charity,|its Trustees and Advisers||
|Trustees'<br>Report||||2-16|
|Independent|Auditor's<br>Report|on the Financial Statements||17-19|
|Consolidated|Statement of Financial Activities|||20|
|Consolidated|Balance Sheet|||21|
|Charity Balance Sheet||||22|
|Consolidated|Statement<br>ofCash Flows|||23|
|Notes to the|Financial Statements|||24-43|





|Trustees||Julia Faulkner<br>(retired 16|Julia Faulkner<br>(retired 16|Julia Faulkner<br>(retired 16|November 2021)|November 2021)||
|---|---|---|---|---|---|---|---|
|||Peter Newham|(retired 16 November 2021)|||||
|||Robert William Wootton||(retired 16November|||2021)|
|||Andrew<br>Graham|Rees (retired 16November 2021)|||||
|||Paul Robert Bertin||||||
|||Ann Battom||||||
|||John Corbishley||||||
|||Kevin Rhydderch|Williams|||||
|||Tonina Ashby (appointed|||16November|2021)||
|||Diana Murkin<br>(appointed|||16 November|2021)||
|||David Langley (appointed|||16 November|2021)||
|Charity registered||||||||
|number||1059995||||||
|Principal office||The William<br>And|Patricia|Venton Centre||||
|||York Road||||||
|||Northampton||||||
|||NN1 5QJ||||||
|Chief executive officer||Christopher<br>Duff||||||
|Independent|auditor|MHA Maclntyre|Hudson|||||
|||Chartered<br>Accountants||||||
|||Statutory Auditors||||||
|||Peterbridge<br>House||||||
|||The Lakes||||||
|||Northampton||||||
|||NN4 7HB||||||
|Bankers||Bank ofScotland|PLC|||||
|||Edinburgh||||||
|||BX2 1LB||||||
|Solicitors||Wilson Browne||||||
|||The Manor House||||||
|||12 Market Square||||||
|||Higham<br>Ferrers||||||
|||Northamptonshire||||||
|||NN10 8BT||||||





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||||||Endowment|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|funds|
||||Note||2022|2022|2022f|2022|2021|
|Income and||||||||||
|endowments|from:|||||||||
|Donations<br>and legacies||||2|||169,121|169,121|117,435|
|Income from|charitable|||||||||
|activities and|trading|||||||||
|income||||3||60,000|3,257,218|3,317,218|2,925,108|
|Investment<br>income|||||12,066||17,727|29,793|11,789|
|Other income|||||||7,274|7,274|312,975|
|Total income and||||||||||
|endowments|||||12,066|60,000|3,451,340|3,523,406|3,367,307|
|Expenditure|on:|||||||||
|Raising funds|||||||526,481|526,481|383,628|
|Charitable<br>activities||||||60,000|2,962,769|3,022,769|3,128,917|
|Total expenditure||||||60,000|3,489,250|3,549,250|3,512,545|
|Net income/||||||||||
|(expenditure)|before|||||||||
|net gains/(losses)||on||||||||
|investments|||||12,066||(37,910)|(25,844)|(145,238)|
|Net gains on|investments||||70,316||36,825|107,141|238,296|
|Net movement<br>in funds||||||||||
|before other||||||||||
|recognised|gains||||82,382||(1,085)|81,297|93,058|
|Other recognised||||||||||
|gains:||||||||||
|Gains on revaluation||of||||||||
|fixed assets|||||||167,000|167,000||
|Net movement<br>in funds|||||82,382||165,915|248,297|93,058|
|Reconciliation<br>of||||||||||
|funds:||||||||||
|Total funds brought||||||||||
|forward|||||1,941,253||2,279,627|4,220,880|4,127,822|
|Net movement<br>in funds|||||82,382||165,915|248,297|93,058|
|Total funds|carried|||||||||
|forward|||||2,023,635||2,445,542|4,469,177|4,220,880|





## 

|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||E||E|
|Fixed assets|||||||
|Tangible assets||11||1,430,368||1,342,208|
|Investments||12||2,392,884||2,285,743|
|||||3,823,252||3,627,951|
|Current assets|||||||
|Stocks||13|5,548||5,771||
|Debtors||14|607,382||216,703||
|Cash at bank and|in hand||942,826||656,044||
||||1,555,756||878,518||
|Creditors: amounts|falling due within one||||||
|year||15|(909,831)||(285,589)||
|Net current assets||||645,925||592,929|
|Total net assets||||4,469,177||4,220,880|
|Charity funds|||||||
|Endowment<br>funds||16||2,023,635||1,941,253|
|Unrestricted<br>funds||16||2,445,542||2,279,627|
|Total funds||||4,469„177||4,220,880|





## 

|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||Note||E||E|
|Fixed assets|||||||||
|Tangible assets||||11||1,430,368||1,342,208|
|Investments||||12||2,392,886||2,285,745|
|||||||3,823,254||3,627,953|
|Current assets|||||||||
|Debtors||||14|627,181||232,260||
|Cash at bank|and|in|hand||936,782||647,961||
||||||1,563,963||880,221||
|Creditors: amounts|||falling due within one||||||
|year||||15|(909,469)||(278,661)||
|Net current|assets|||||654,494||601,560|
|Total net assets||||||4,477,748||4,229,513|
|Charity funds|||||||||
|Endowment|funds|||16||2,023,635||1,941,253|
|Unrestricted|funds|||16||2,454,113||2,288,260|
|Total funds||||||4,477,748||4,229,513|



## 



## 

|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|Cash flows from operating||activities||||||
|Net cash|used<br>in operating|activities||||284,293|94,531|
|Cash flows from investing||activities||||||
|Dividends,|interests<br>and rents from investments|||||29,793|11,789|
|Purchase|oftangible<br>fixed assets|||||(32,253)|(5,383)|
|Proceeds|from sale of investments||||||272,121|
|Purchase|of investments||||||(1,272,121)|
|Sale oftangible<br>fixed assets||||||4,949|911,805|
|Net cash|provided<br>by/(used<br>in) investing|||activities||2,489|(81,789)|
|Change<br>in cash and cash||equivalents|in|the year||286,782|12,742|
|Cash and|cash equivalents|at the beginning||ofthe year||656,044|643,302|
|Cash and|cash equivalents|at the end|of|the year||942,826|656,044|
|The notes|on pages 24 to 43 form part ofthese financial||||statements|||





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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2021|
||E|||
|Donations|97,181|97,181|110,906|
|Legacies|71,940|71,940|6,529|
||169,121|169,121|117,435|
|Total 2021|117,435|117,435||



## 

|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2022<br>f|2022<br>E|2022<br>F|2021|
|Provision ofservices|||796,638|796,638|477,160|
|Rent receivable|||12,193|12,193|13,682|
|Other income|||7,927|7,927|2,937|
|Grants and contractual|income|60,000|1,874,413|1,934,413|2,184,075|
|||60,000|2,691,171|2,751,'I 71|2,677,854|
|Total 2021||50,000|2,627,854|2,677,854||





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||||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|funds|
||||||||2022|2022|2021|
||||||||||F|
||Insurance<br>commission||||||74,541|74,541|82,973|
||Bank interest received||||||20|20|38|
||Fundraising||||||499|499|428|
||Shop income from||donated||and bought|in products|490,987|490,987|163,815|
||||||||566,047|566,047|247,254|
||Total 2021||||||247,254|247,254||
|4.|Grant &contractual|||income||||||
|||||||||2022|2021|
|||||||||E||
||Northamptonshire||NHS|||||525,495|432,543|
||Kettering<br>Borough||Council|||||20,000|20,000|
||Department<br>for Transport|||||||8,781|8,781|
||Northampton<br>Borough|||Council (NBC)||||40,000|30,000|
||Age UK|||||||38,052|73,940|
||A & E Pilot (NGH)||||||||2,940|
||A & E Pilot (KGH)|||||||248,911|202,922|
||Marie Curie|||||||552,781|492,797|
||Commsortia||||||||307,323|
||Social prescribing|||||||370,765|132,663|
||NGH Discharge|Project|||||||6,240|
||COVID Support|||||||17,634|297,277|
||Lottery||||||||100,000|
||Other|||||||111,994|76,649|
|||||||||1,934,413|2,184,075|





## 

|||Endowment|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2022|2022|2022|2021|
|||||E|F|
|Listed|investments|12,066|17,727|29,793|11,789|
|Total|2021|11,002|787|11,789||



## 

|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||||F|
|Government|grants - JRS Income|7,274|7,274|312,975|
|Total 2021||312,975|312,975||





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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022|2022|2021|
|||||||f.||
|Insurance|commission||||36,369|36,369|23,138|
|Shop expenses||from donated|and bought|in products|490,112|490,112|360,490|
||||||526,481|526,481|383,628|
|Total 2021|||||383,628|383,628||



## 

||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022<br>E|2022<br>E|2022f|2021|
|Home care services||558,924|558,924|495,518|
|Active ageing services||79,122|79,122|41,426|
|Advisory services|60,000|83,340|143,340|180,420|
|Day care services||542,035|542,035|699,066|
|NHS funded services||1,699,348|1,699,348|1,712,487|
||60,000|2,962,769|3,022,769|3,128,917|
|Total 2021|50,000|3,078,917|3,128,917||





## 

|Staff costs||||||||
|---|---|---|---|---|---|---|---|
|||||Group|Group|Charity|Charity|
|||||2022|2021|2022|2021|
|||||F|E|E|E|
|Wages and|salaries|||2,548,516|2,541,979|2,526,071|2,531,942|
|Social security costs||||139,784|121,274|137,920|120,353|
|Contribution|to defined|contribution|pension|||||
|schemes||||41,829|36,169|41,345|35,935|
|||||2,730„129|2,699,422|2,705,336|2,688,230|



|||||||||Group|Group|Group|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2022||2021|
||||||||||No.|No.|
|Employees|||||||||257|266|
|The|number|of employees|whose|employee|benefits|(excluding|employer|pension|costs)|exceeded|
|260,000was:|||||||||||



|Group|Group|
|---|---|
|2022|2021|
|No.|No.|



## 



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||Freehold|Motor|Fixtures and||
|---|---|---|---|---|
||property|vehicles|fittings|Total|
||E|f.|F|E|
|Cost or valuation|||||
|At 1 April 2021|1,701,509|364,467|317,166|2,383,142|
|Additions|||32,253|32,253|
|Disposals|||(11,606)|(11,606)|
|Revaluations|167,000|||167,000|
|At 31 March 2022|1,868,509|364,467|337,813|2,570,789|
|Depreciation|||||
|At 1 April 2021|533,404|231,695|275,835|1,040,934|
|Charge for the year|18,580|60,744|26,820|106,144|
|On disposals|||(6,657)|(6,657)|
|At 31 March 2022|551,984|292,439|295,998|1,140,421|
|Net book value|||||
|At 31 March 2022|1,316,525|72,028|41,815|1,430,368|
|At 31 March 2021|1,168,105|132,772|41,331|1,342,208|



## 

||Listed|
|---|---|
||securities|
|Group and Charity||
|Cost or valuation||
|At 1 April 2021|2,285,743|
|Additions|288,833|
|Disposals|(288,833)|
|Revaluations|107,141|





## 


||||||Age UK|
|---|---|---|---|---|---|
|||||Northamptonshire||
|||||Trading|Limited|
|||||2022|2021|
||||||F|
||Turnover|||36,443|11,837|
||Cost ofSales|||(9,622)|(5,075)|
||Gross profit|||26,821|6,762|
||Other operating||income and costs|(26,759)|(15,395)|
||Net profit|I(loss)||62|(8,633)|
||Gift Aid payment||to Age UK Northamptonshire||(38,809)|
||Retained|in subsidiary||62|(8,633)|
|13.|Stocks|||||
|||||Group|Group|
|||||2022|2021|
|||||E||
||Goods for|resale||5,548|5,771|





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|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||E|E|f|E|
|Due within one year||||||
|Trade debtors||492,996|150,417|492,996|150,417|
|Amounts<br>owed by group undertakings||||20,405|15,557|
|Other debtors||468|22,050||22,050|
|Prepayments|and accrued income|113,918|44,236|113,780|44,236|
|||607,382|216,703|627,181|232,260|



## 

|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
||||E||E|
|Trade creditors||94,014|40,640|93,652|39,808|
|Other taxation and social security||33,585|32,845|33,585|27,824|
|Other creditors||8,699|14,995|8,699|14,995|
|Accruals and deferred|income|773,533|197,109|773,533|196,034|
|||909,831|285,589|909,469|278,661|





## 

|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1||||31 March|
|||April 2021f|Income|Expenditure<br>E|Gains<br>F|2022|
|Unrestricted<br>funds|||||||
|Designated<br>funds|||||||
|Capital provision||510,000|||167,000|677,000|
|General funds|||||||
|General<br>Funds||1,769,627|3,451,340|(3,489,250)|36,825|1,768,542|
|Total Unrestricted|funds|2,279,627|3,451,340|(3,489,250)|203,825|2,445,542|
|Endowment<br>funds|||||||
|The Venton 2000 Settlement||1,941,253|12,066||70,316|2,023,635|
|Restricted funds|||||||
|Service Advice Team and Day|||||||
|Centre Care|||60,000|(60,000)|||
|Total offunds||4,220,880|3,523,406|(3,549,250)|274,141|4,469,177|





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|Stateme|nt offun|ds - prior year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at|||Transfers||31 March|
|||1 April 2020|Income|Expenditure|in/out|Gains|2021|
||||F||E|||
|Unrestricted||||||||
|funds||||||||
|Designated||||||||
|funds||||||||
|Capital|provision|100,778|||409,222||510,000|
|General|funds|||||||
|General|Funds|2,259,816|3,306,305|(3,563,545)|(245,834)|12,885|1,769,627|
|Pension||(101,000)||101,000||||
|||2,158,816|3,306,305|(3,462,545)|(245,834)|12,885|1,769,627|
|Total||||||||
|Unrestricted||||||||
|funds||2,259,594|3,306,305|(3,462,545)|163,388|12,885|2,279,627|
|Endowment||||||||
|funds||||||||
|The Venton||||||||
|2000 Settlement||1,868,228|11,002||(163,388)|225,411|1,941,253|
|Restricted||||||||
|funds||||||||
|Service|Advice|||||||
|Team and Day||||||||
|Centre Care|||50,000|(50,000)||||
|Total of|funds|4,127,822|3,367,307|(3,512,545)||238,296|4,220,880|





## 

|Summary|offunds - cur|rent year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1||||31 March|
|||April 2021|Income|Expenditure|Gains|2022|
||||E|||E|
|Designated|funds|510,000|||167,000|677,000|
|General funds||1,769,627|3,451,340|(3,489,250)|36,825|1,768,542|
|Endowment|funds|1,941,253|12,066||70,316|2,023,635|
|Restricted|funds||60,000|(60,000)|||
|||4,220,880|3,523,406|(3,549,250)|274,141|4,469,177|



|Summary|offund|s - prior year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at|||Transfers||31 March|
|||1 April 2020|Income|Expenditure|in/out|Gains|2021|
|||F||F|F||E|
|Designated||||||||
|funds||100,778|||409,222||510,000|
|General funds||2,158,816|3,306,305|(3,462,545)|(245,834)|12,885|1,769,627|
|Endowment||||||||
|funds||1,868,228|11,002||(163,388)|225,411|1,941,253|
|Restricted|funds||50,000|(50,000)||||
|||4,127,822|3,367,307|(3,512,545)||238,296|4,220,880|



## 

|Analysis|of net assets between<br>funds - curr|ent year|||
|---|---|---|---|---|
|||Endowment|Unrestricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|||E|||
|Tangible|fixed assets|680,461|749,907|1,430,368|
|Fixed asset investments||1,343,174|1,049,710|2,392,884|
|Current|assets||1,555,756|1,555,756|
|Creditors|due within one year||(909,831)|(909,831)|
|Total||2,023,635|2,445,542|4,469,177|





## 

|Analysis|of net assets between|funds (continued)||||
|---|---|---|---|---|---|
|Analysis|of net assets between|funds - prior year||||
||||Endowment|Unrestricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
|Tangible|fixed assets||668,395|673,813|1,342,208|
|Fixed asset investments|||1,272,858|1,012,885|2,285,743|
|Current|assets|||878,518|878,518|
|Creditors|due within one year|||(285,589)|(285,589)|
|Tl|||1,941,253|2,279,627|4,220,880|



|19.|Reconciliation<br>of|Reconciliation<br>of|net movement|in funds to net cash flow from operating|in funds to net cash flow from operating|in funds to net cash flow from operating|activities||
|---|---|---|---|---|---|---|---|---|
||||||||Group|Group|
||||||||2022|2021|
||||||||E||
||Net income|for the|year (as per Statement||of Financial|Activities)|81,297|93,058|
||Adjustments|for:|||||||
||Depreciation|charges|||||106,144|149,708|
||Losses on investments||||||(107,141)|(238,296)|
||Dividends,<br>interests||and rents from|investments|||(29,793)|(11,789)|
||Decrease<br>in|stocks|||||223|144|
||(increase)/decrease||in debtors||||(390,679)|161,277|
||Increase/(decrease)||in creditors||||624,242|(59,571)|
||Net cash provided||by operating|activities|||284,293|94,531|
|20.|Analysis<br>of|cash and cash equivalents|||||||
||||||||Group|Group|
||||||||2022|2021|
||||||||E|E|
||Cash<br>in hand||||||942,826|656,044|





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|At 31 <br>under|March 2022 the Group and the Charity<br>had co<br> non-cancellable<br>operating<br>leases as follows:|mmitments<br>to make future<br>minimum<br>leas|e payments|
|---|---|---|---|
|||Group|Group|
|||2022|2021|
|Within|1 year|52,734|66,300|
|Between<br>1 and 5years||123,513|101,310|
|Later|than 5 years|21,583|7,588|
|||197,830|175,198|



## 



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