**Charity registration number 1061681**
**Company registration number 3340029 (England and Wales)**
**AGE UK HOUNSLOW (A Company Limited by Guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **AGE UK HOUNSLOW (A Company Limited by Guarantee) LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mr O Segal Mr G Reynolds Mr V Karania **Charity number** 1061681 **Company number** 3340029 **Registered office** Southville Community Centre Southville Road Feltham TW14 8AP **Website** www.ageuk.org.uk/hounslow **Auditor** Feltons 1 The Green Richmond Surrey TW9 1PL **Bankers** CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4TA
**AGE UK HOUNSLOW (A Company Limited by Guarantee) CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 5|
|Independent auditor's report|6 - 8|
|Statement of financial activities|9|
|Balance sheet|10|
|Notes to the financial statements|11 - 21|
## **AGE UK HOUNSLOW (A Company Limited by Guarantee) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
The trustees, who are also directors of the charitable company for the purposes of company law, present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitable company's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
## **Objectives and activities**
The charity’s objects are to promote the wellbeing and relieve the needs of older people within the London Borough of Hounslow and surrounding communities through the provision of support services, advice, outreach activities, social engagement opportunities, and community-based programmes.
The charity delivers a wide range of activities aimed at improving the wellbeing, independence, and social inclusion of older people, including:
- day centre and community support services;
- outreach and befriending services;
- welfare advice and information services;
- health and wellbeing activities;
- food and practical support initiatives; and
- social and recreational programmes designed to reduce loneliness and isolation.
In planning activities for the year, the trustees considered the Charity Commission’s guidance on public benefit and are satisfied that the charity’s activities continue to meet the public benefit requirements under the Charities Act 2011. A new 3-year strategic plan is due to be published for 2026-2028.
## **Achievements and performance**
The year ended 31 March 2025 was both a successful and challenging year for Age UK Hounslow. The continuing cost of living pressures, together with inflationary increases in operating costs, continued to impact both the charity and the beneficiaries it supports. Funding received from the London Borough of Hounslow and Age UK did not increase in real terms during the year, whilst the availability of external grant funding and charitable trust support remained highly competitive.
Despite these challenges, the charity continued to provide a wide range of services and activities from the Southville Community Centre, which remained well attended throughout the year. The charity continued to deliver community-based activities, wellbeing services, information and advice support, and social engagement opportunities for older people across the Borough. Details of current activities and services are available through the charity’s Activity Planner published on the charity’s website.
The charity continued to provide both telephone and face-to-face befriending services to older people experiencing loneliness and social isolation. During the year, the charity supported over 1,000 beneficiaries through its befriending and welfare support activities.
Through National Lottery funded outreach work, the charity continued to support activities and community engagement programmes across a number of locations within the Borough, including Feltham, Bedfont, and Hanworth. These outreach activities enabled the charity to reach older people who may otherwise have limited access to support services and social opportunities. The current National Lottery funding programme is due to expire shortly and trustees continue to seek ongoing funding support to maintain these important services.
The charity also continued to provide practical support to vulnerable beneficiaries through the provision of meals, food cupboard supplies, cleaning materials, companionship services, and wellbeing support. Trustees recognise that many beneficiaries continue to experience financial hardship, reduced mobility, and the lasting effects of social isolation.
- 1 -
## **AGE UK HOUNSLOW (A Company Limited by Guarantee) TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
The trustees acknowledge the significant commitment, flexibility, and dedication shown by staff and volunteers throughout the year. Staff and volunteers continued to adapt to changing operational pressures whilst ensuring that services and activities were delivered effectively and safely. In addition to delivering frontline services, staff were also required to manage increasing levels of administration, monitoring, compliance, and reporting requirements associated with grant funding and service delivery.
The trustees consider that the charity’s activities during the year have continued to make a positive contribution to the wellbeing, independence, and social inclusion of older people within the London Borough of Hounslow.
## **Looking forward**
At our Centre we continue to provide a wide variety of much needed programmes of support, social interaction and information and advice. Through our Lottery funded outreach work we also increasingly offer support for activities at other mini- hubs across Feltham, Bedfont and Hanworth. We would like to extend this work across other disadvantaged and deprived areas of the Borough and ensure that we can extend Older Peoples Services in other locations. We have made some progress in this direction but with additional capacity i.e. resources we could do even more.
## **Staffing & Volunteers**
The effectiveness and reputation of Age UK H is largely due to our incredible staff and volunteers, whose hard work and positive energy make the organisation such a success. There have been changes in staffing over the year and our COO is stepping down from this coming June. We are committed to continual improvement in our current and future staff.
## **Financial review**
The charity reported net income of £17,364 for the year ended 31 March 2025 compared with a net deficit of £11,886 in the previous year.
Total incoming resources for the year amounted to £338,556 (2024: £403,741). The reduction in income compared to the prior year primarily reflects lower grant income and reduced activity income during the year.
Total expenditure for the year amounted to £321,192 (2024: £415,627).
We continue to control expenditure tightly and to apply for additional grant funding. We are also about to launch a fundraising campaign. We raise money by hiring out the Centre when not required for core activities and intend to expand that hiring programme.
The principal funding sources are shown under notes 3 and 4 and comprise a mix of statutory funding, grants from charitable trusts and commercial organization's and income generated from renting out space.
The trustees continue to focus on maintaining financial sustainability through careful cost management, ongoing grant applications, fundraising initiatives, and the development of additional income-generating activities.
The company’s accounting reference date at Companies House was amended during the year for administrative filing purposes. The financial statements have nevertheless been prepared for the year ended 31 March 2025 in order to reflect the charity’s normal reporting period and to maintain consistency with reporting to the Charity Commission.
- 2 -
## **AGE UK HOUNSLOW (A Company Limited by Guarantee) TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Reserves Policy**
The Trustees consider it prudent to maintain an adequate balance of unrestricted funds to cover the Charity’s contractual commitments and ideally would like these to be at a minimum level of 3 months expenditure. As at the year end, financial statements showed total unrestricted reserves of £68,066 (2024 : £41,324) and total restricted reserves of £Nil (2024 : £9,378). The unrestricted funds not designated or invested in tangible fixed assets held by the charity are of £38,125 (2024 - in deficits of £1,223).
For the purposes of short and medium term financial management, the trustees are closely monitoring the management for working capital and its position is in line with their policy of building free resources sufficient to fund ongoing unrestricted expenditure.
## **Acknowledgements**
Not forgetting my fellow trustees, thank you everyone who has contributed towards our successes, and thank you members for your trust and support for all that we try to do.
## **Structure, governance and management**
AGE UK Hounslow is governed by its memorandum and articles of association and constitutes a charitable company, limited by guarantee and was registered with the Charity Commission for England and Wales on 7 April 1993. Registered Charity Number: 1061681 and Registered Company Number: 3340029.
In the event of the charity being wound up, the liability of the Trustees is limited to a payment not exceeding one pound, as stated in the dissolution clause of the Memorandum and Articles of Association adopted on 25 March 1993 and amended by special resolution dated 22 October 2008. The number of Trustees shall never be less than three. The person elected as Chair to the Board may serve for three years from the date of their election and are eligible for re-election, save that the Chair may serve for a maximum of six consecutive years. None of the Trustees may receive any remuneration from the from the charity but can claim reasonable expenses.
The Trustees, who served during the year and to date, and who are also directors for the purpose of company law, were:
Malcolm Downes (resigned on 17th October 2024) Oliver Segal (Chair from April 2024) Grahame Reynolds Vinal Karania
We recruited a new trustee, Billy Phull, and are looking to strengthen our Board by recruiting at least one further new trustee over the coming months.
All Trustees are recruited via Age UK Head Office, NCVO advertising, Age UK Hounslow advertising and website, and engagement with relevant partners. Malcolm Downes, the Chair of Trustees, along with the CEO, interview prospective candidates. A Skills Audit is performed and relevant experienced Trustees lead on specific areas of their skills. Trustee Induction takes place. Trustee Job Specifications are provided to each Trustee. Chair of Trustees convenes each meeting. Trustees hold regular full Board Meetings with quorum present, minutes taken and actions dictated and followed up. Sub Groups are formed as required reporting to the Full Board. All salary decisions are made by the Board of Trustees. Key Management Salary decisions taken on board with information from Age UK, other VS organisations and market trends. Salaries are reviewed annually.
- 3 -
**AGE UK HOUNSLOW (A Company Limited by Guarantee)**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Risk Management**
The trustees have considered the principal risks and uncertainties facing the charity and have implemented systems and procedures to manage and mitigate those risks where possible.
The principal risks identified include:
- dependence on continued grant funding and fundraising income;
- inflationary pressures and rising operational costs;
- increasing demand for services;
- recruitment and retention of appropriately skilled staff and volunteers;
- economic uncertainty affecting funding availability; and
- operational and governance risks associated with service delivery.
The trustees regularly review the charity’s financial performance, cash flow forecasts, budgets, operational activities, and risk management procedures. Appropriate financial controls and governance arrangements are maintained to support the effective operation of the charity.
## **Employee involvement**
Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the Charity continues and that the appropriate training is arranged. It is the policy of the Charity that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.
## **Disabled persons**
The Charity's policy is to consult and discuss with employees, through unions, staff councils and at meetings, matters likely to affect employees' interests.
Information of matters of concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the group's performance.
- 4 -
AGE UK HOUNSLOW
IA Comp•ry ilmii¢d by G¥•r•nthel
TRUSTEES, REPORT ICONTINUED){INCLUDING DIREcfoR5' REpoftn
FOR THE YEAR ENDED 31 MARCH2025
The Tru5tee5, Yiho aTe also the (Ure¢to of * LIK kr the pwpose of law, •re resp(sle for
piep¥lng the Trustees. Report and the finarKial *atements ¥CctKtI apF4kat4e law and Unlted Ythgdun
Company Law re4ui¥es the Trustees to prewe firncilI statements fDr eath Year gNe a true and fair ¥iew
of the 51Jte of aff8iy5 01 the Charrty of the incomiry re5ou1re5ar apph"(*ion d resourcw. m(knlinRthe irKome and
empendtture. ofthe chaFltsble companytrth* .
In preparirydthese fina1 StatemtheTDj$lets ate Ul1¢d t•:
. prepare the ftnandal SEaremems on the c(¥*em TrAsls urte¥ tt to presume that the Charlty wll
ntlnue In opeROrL
The TFU5tee5 are responsible for keepwvd athoJ*e records diOse with reasorublE acairacy at any tirnè
the ffirbanQ posllion ol the and emble to eftsure tt the fmano•l rtatements corn the Compan$
Act 2CQ6. They ale also responsfbk forsaleeuarding the assets of the (harity and hente fortallr4 reasonable stepslorthe
charitable bsIte. Lewskn"on in the ilnrteAI Kirvddw y¥enMng the prepaAtiM and ithssemination offfinana
fath of the Trnstee5 ha5 confmi*d there is no wthJrm"0n of wl¥th 15 relevart to the 3udiL Ixrt
elevant Infomiat(on and to establsh thatthe auditor 3warecl yjth irfomiatioTh
AudllDr
StatutoryAudrtor be rewo#1 as auditorof the dwrtai4e(m)pwrf5 wll be twt at a Genvai PAeetirf.
Th15 report has been prepared withtl* 5peo4 Ot Part 15 0ltt* Ct¥np*rlÈsALt 20Q6 rel*inRto
companies.
TheTrustees'
Dated: 24hJne 2026
## **AGE UK HOUNSLOW (A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT**
## **TO THE TRUSTEES OF AGE UK HOUNSLOW**
## **Opinion**
We have audited the financial statements of Age UK Hounslow (the ‘Charity’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities (including Income and Expenditure Account), Balance Sheet and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor's responsibilities for the audit of the financial statements_ section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
## **Other information**
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
- 6 -
## **AGE UK HOUNSLOW (A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT (CONTINUED)**
## **TO THE TRUSTEES OF AGE UK HOUNSLOW**
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of our audit:
- the information given in the Trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and
- the directors' report included within the Trustees' report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the Trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Trustees' report and from the requirement to prepare a strategic report.
## **Responsibilities of Trustees**
As explained more fully in the trustees’ responsibilities statement, the trustees’ (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees’ determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees’ are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees’ either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor's responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
- 7 -
AGE UK HOUNSLOW
IA Company Limited by Guaranteel
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF AGE UK HOUNSLOW
The extent to which our procedures are tapable of dewinE irregulaiities, includingfraud is dètailed below.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design protrdures in linÈ wtth
our responsibilities, outlined above, to detect material misststsments in re5pett of Irregularities, includingftaud.
We gained an undeT5tanding of the legal and regulatory framewDrk applicable to the charitable company and thÈ Industry in
which it operates, and considered thÈ risk of acts by the charitable company that We Contrary to appllcable laws and
gulatM)ns. including fraud. We discussed with the trnstees, the policies and ptocedures in place ogarding CDmpliance w¥(h
laws and r&gulatlDns. We discussed a[nant the audlt team the Identrfied laws and regulation5, and remained alert to any
indications of non-compliance.
During the audit we focussed on laws and regulations which could reasonably be expected to gFve rise to a rnaterlal
mis5tatefflent in the financial Stateftts, including. but not limited to, the Companies Att 2006, UK tax legislation, CharityAtt
2011, SORP 2019. Our tests inclltded 3greeing the fln3n¢ial staternent disclosure5 to underlying supporting documentation
and enquiries with man3gemÈnt.
Our prOdU$ in Trlation to fud included but werÈ not limited tD= inquires of mana8ernent whether thÈy have any
knowledge of any actual, suspetted or alleged frdud. and discussions amongst the audtt team rerdIng risk of fraud such as
opp)rtunities for fraudulent manipulation of finèncial statement5. We determined that the princSpal rfisks rekned to posting
tnanu81 journal entrle5 to manipulat& financial performance and m8nagement bias through judgements in accounting
estirn3tes. We alsD addressed the risk of management override of internal controls. including testing journals and
appropriateness of other entries in the nominal ledger.. reviewlng tTrnsaction5 around the end of thE reporting period,- and
evaluating whetherthere was evidence of bias by the direttors that represented a risk Df material misstatsm&nt due to fraud.
Because of the inherènt limitations of èn audiL the is a rf5k that we wlll noi detett all irregularities, including those leading
to a materlèl misstatement in the financi31 staternpnts OT non-compliance wtth regulation. This risk inc3$e$ the more that
compliance with a 13w or regulation is MOVed from the events and tranct1Dns reflected in the fin8ncial statements, as we
will be less lik@ly to become èware of InStanS of non-ComplnCÈ. The risk is also greater reg8rding irTegularities OCCUTring
due to frnud tather than error, as fraud involve5 intention31 concealment, forgery. collusion, omission or misrepresentation.
A further descrlption Df our SponSIbl11t1eS for the audit of the flnancial sratements is located on the Financial RepDrting
Council's website at Www.frc.org.uk/auditDrs$p0sIblIItIe$. Thi5 description form5 part of our Report of the Independent
Auditors.
Use of our report
This report is made 501ely tg the company's members, a5 3 body. in accordan with Chapter 3 of Part 16 of the Compsnie5 Act
2006. Our audit work has bepn undertaken so that we miEht state to the company's member5 th05e matters we are required
to state to them in 8n audito, report and for no other purpose. To the fullest extent permitted by law, we do not accÈpt or
assume SponSIbl1rtY to anyone other than the ¢omp)ny and the company's rnember5 35 8 body. for our audit work, for this
r2POrt, or fDr the opinions we have fomed.
Dave Ale5bury ISEnior Statutory Audiiorl
for and on behalf of Feltons
24June 2026
l The Green
Richmond
sUrV
Chart2red Accountsnts
ststutoryAuditor
TW9 IPL
## **AGE UK HOUNSLOW (A Company Limited by Guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
29,129
-
Income from charitable activities
**4**
112,360
146,551
Other trading activities
**5**
50,516
-
**Total income**
192,005
146,551
**Expenditure on:**
Charitable activities
**6**
152,394
168,798
**Total charitable expenditure**
152,394
168,798
**Net incoming/(outgoing) resources before**
**transfers**
39,611
(22,247)
Gross transfers between funds
(12,869)
12,869
**Net income/(expenditure) for the year/**
**Net movement in funds**
26,742
(9,378)
Fund balances at 1 April 2024
41,324
9,378
**Fund balances at 31 March 2025**
68,066
-|**Total**
**2025**
**£**
29,129
258,911
50,516
338,556
321,192
321,192
17,364
-
17,364
50,702
68,066|**Total**
**2024**
**£**
-
334,274
69,467|
|---|---|---|
|||403,741|
|||415,627|
|||415,627|
|||(11,886)
-|
|||(11,886)
62,588|
|||50,702|
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 9 -
AGE UK HOUNSLOW
IA Ctsmp•ry Lhnlled
BALANCE SHEET
AS AT31 MARCH 2025
Tarv4ib assets
29,941
42547
Debtors
Cash •t barth Ih h*
4Q541
Z7.921
53,643
32.625
74.462
Crqdtows: due ¥Jlthln
136.3371
178,1131
Net eLirr*rt assets
U5
8,155
50,702
Restrtrted tunds
Unrestritted fvnds
9.378
4L324
50,702
The financial statements bee*) aCt0th wlth the *ppllt*Ae to entTrties sUbrt tt) the small
ompwties re8lme.
Thefinancial staternents T*Rre by the brwd of TrusteeswKI I1$¢d for issue on 24 June 2026 and are swed t)n
Mr O Segal
Cfvlr ol Po•rd olTnui•4s
10-
**AGE UK HOUNSLOW (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS**
_**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **Charity information**
Age UK Hounslow is a charitable company limited by guarantee incorporated in England and Wales. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per trustee member. The address of the registered office is given on the legal and administrative information page. The principal activities of the charity are the provision of support services, activities, advice, and community programmes for older people.
## **1.1 Accounting convention**
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it applies from 1 January 2019. The Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
## **1.2 Going concern**
The financial statements have been prepared on the going concern basis.
In assessing the charity’s ability to continue as a going concern, the trustees have considered the charity’s current financial position, forecast cash flows, expected future funding, and available reserves for a period of at least twelve months from the date of approval of these financial statements.
The trustees have reviewed detailed budgets and cash flow forecasts which include assumptions regarding future grant income, fundraising activities, and ongoing operational expenditure. The charity reported a net surplus of £17,364 for the year ended 31 March 2025 and held unrestricted reserves of £68,066 at the year end, including free reserves of approximately £38,125.
The trustees recognise that the charity remains dependent on continued grant funding and fundraising income. However, the charity has historically secured recurring funding from a range of sources, including the London Borough of Hounslow, Age UK, National Lottery Community Fund and other grant providers.
The trustees have also considered mitigating actions available to the charity, including ongoing monitoring of expenditure, fundraising initiatives, and the ability to reduce discretionary costs if required. After reviewing the available evidence and forecasts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is more likely than not that income will be received. Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance for the provision of specified service is deferred until the criteria for income recognition are met.
- 11 -
**AGE UK HOUNSLOW (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
**(Continued)**
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is more likely than not. If the amount is not known, the legacy is treated as a contingent asset.
Assets for distribution are recognised only when distributed. Assets given for use by the Charity are recognised when receivable. Stocks of undistributed donated goods are not valued for balance sheet purposes.
## **1.5 Expenditure**
Expenditure is accounted for on an accruals basis, inclusive of VAT which cannot be recovered. Charitable activities include expenditure directly relating to the provision of support services, activities, and community programmes for older people in furtherance of the charity’s objectives. Governance costs are those incurred in meeting the statutory requirements of running the charitable company.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 4 years Straight Line Fixtures and fittings 10 years Straight Line Computers and equipment 3 years Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Debtors**
Debtors are recognised at the settlement amount due to the Charity. Prepayments are valued at the amount prepaid net of any trade discounts due.
Accrued income is recognised where income has been earned but not yet received at the reporting date.
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.
## **1.9 Taxation**
The charity is an exempt charity within the meaning of Schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010. Accordingly, it meets the definition of a charitable company for UK corporation tax purposes.
## **1.10 Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
- 12 -
**AGE UK HOUNSLOW (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **(Continued)**
## **1.11 Financial Instruments**
The charity only has financial assets and financial liabilities that qualify as basic financial instruments under FRS 102. These are initially recognised at transaction value and subsequently measured at settlement value.
## **1.12 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.13 Operating Leases**
All leases are operating leases, and rentals are charged to the Statement of Financial Activities on a straight-line basis over the lease duration. No assets are held under hire purchase agreements.
## **1.14 Pension costs**
The charity operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the Statement of Financial Activities in the period to which they relate.
## **2 Judgement and key sources of estimation uncertainty**
In the application of the charitable company’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The charitable company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.
## (i) Useful economic lives of tangible assets
The annual depreciation charge for tangible assets are sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
|**Unrestricted**
**funds**
**£**
Legacy income
29,129
29,129|**Total**
**2025**
**£**
29,129
29,129|**Total**
**2024**
**£**
-|
|---|---|---|
|||-|
- 13 -
**AGE UK HOUNSLOW (A Company Limited by Guarantee)**
**NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **4 Income from charitable activities**
|Grants - Hounslow Council
Clients Activities
Other Grants
Analysis by fund
Unrestricted funds
Restricted funds|**2025**
**£**
64,516
106,958
87,437
258,911
112,360
146,551
258,911|**2024**
**£**
70,000
83,491
180,783|
|---|---|---|
|||334,274|
|||102,227
232,047|
|||334,274|
## **5 Other trading activities**
|**Unrestricted**
**funds**
**£**
Non-charitable trading activities
40,781
Fundraising events
9,735
Other trading activities
50,516|**Total**
**2025**
**£**
40,781
9,735
50,516|**Total**
**2024**
**£**
51,596
17,871|
|---|---|---|
|||69,467|
- 14 -
## **AGE UK HOUNSLOW (A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**6**
**Charitable activities**
Staff costs
Depreciation
Expenditure on client activities
Printing, Postage & Stationery
IT & Telephone
Accounting & Professional fees
Insurance
Misc Expenses
Food distribution expense
Bank Charges
Auditor's remuneration
Staff welfare
Repairs and renewals
Legal and professional fees
Rent and rates on main building
Analysis by fund
Unrestricted funds
Restricted funds
**7**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets|**Total**
**2025**
**£**
176,676
13,005
61,546
3,011
2,994
12,030
2,903
510
7,478
516
7,560
412
1,588
761
30,202
321,192
152,394
168,798
321,192
**2025**
**£**
7,560
13,005|**Total**
**2024**
**£**
250,564
15,085
73,452
5,097
5,388
11,940
1,534
895
9,364
200
7,440
1,883
2,278
808
29,699|
|---|---|---|
|||415,627|
|||181,410
234,217|
|||415,627|
|||**2024**
**£**
7,440
15,085|
## **8 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
- 15 -
## **AGE UK HOUNSLOW (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **9 Employees**
## **Number of employees**
The average monthly number employees during the year was:
|Day Care and Development Project Services
Management and Administration
**Full Time Equivalent**
Day Care and Development Project Services
Management and Administration
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2025**
**Number**
2
7
9
**2025**
**Number**
5
2
7
**2025**
**£**
164,001
7,775
4,900
176,676|**2024**
**Number**
2
8|
|---|---|---|
|||10|
|||**2024**
**Number**
6
2|
|||8|
|||**2024**
**£**
229,351
14,680
6,533|
|||250,564|
There were no employees whose annual remuneration was more than £60,000 (2024 - none).
No Trustee received any remuneration during the year (2024 - £nil). No Trustee received reimbursed expenses during the year (2024 - £nil).
The key management personnel of the charity comprise the Chief Officer. The total employee benefits (including employer national insurance and employer pension) of the key management personnel of the charity were £52,473 (2024: £95,683).
- 16 -
## **AGE UK HOUNSLOW (A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**10**
**Tangible fixed assets**
**Plant and**
**equipment**
**Fixtures and**
**fittings**
**Computer**
**equipment**
**£**
**£**
**£**
**Cost**
At 1 April 2024
4,961
107,771
38,825
Additions
399
-
-
At 31 March 2025
5,360
107,771
38,825
**Depreciation and impairment**
At 1 April 2024
4,840
68,927
35,243
Depreciation charged in the year
330
10,253
2,422
At 31 March 2025
5,170
79,180
37,665
**Carrying amount**
At 31 March 2025
190
28,591
1,160
At 31 March 2024
121
38,844
3,582
**11**
**Debtors**
**2025**
**Amounts falling due within one year:**
**£**
Trade debtors
26,200
Prepayments and accrued income
20,341
46,541
**12**
**Creditors: amounts falling due within one year**
**2025**
**£**
Deferred Income (Note 13)
12,456
Trade creditors
1,708
PAYE control account
2,309
Other creditors
1,414
Accruals
18,450
36,337|**Total**
**£**
151,557
399|
|---|---|
||151,956|
||109,010
13,005|
||122,015|
||29,941|
||42,547|
||**2024**
**£**
22,064
31,579|
||53,643|
||**2024**
**£**
15,838
21,475
-
31,800
9,000|
||78,113|
- 17 -
## **AGE UK HOUNSLOW (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **13 Deferred income**
|**Deferred income**|||
|---|---|---|
|Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2025|**2025**
**2024**
**£**
**£**
12,456
15,838
**2025**
**2024**
**£**
**£**
12,456
15,838
15,838
21,163
(17,340)
(184,729)
13,958
179,404
12,456
15,838|**2024**
**£**
15,838|
|||**2024**
**£**
15,838|
|||15,838|
The deferred income relates to income received this year for services not yet carried out.
## **14 Pension**
The pension cost charge for the year amounted to £4,900 (2024: £6,533). Contributions of £1,415 (2024: £1,079) were outstanding at the balance sheet date and are included within creditors. All pension cost are allocated against unresricted funds.
## **15 Operating lease commitments**
The amounts payable in the forthcoming year in respect of operating leases relating to rent is shown below, analysed according to the expiry date of the leases
|according to the expiry date of the leases|||
|---|---|---|
|Within one year
Within two and five years|**2025**
**£**
12,000
18,000
30,000|**2024**
**£**
12,000
30,000|
|||42,000|
- 18 -
## **AGE UK HOUNSLOW**
**(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **16 Movement of funds**
|**Restricted funds**
**Balance at**
**1 April 2023**
**£**
London Borough of Hounslow
-
Vintage Club
-
Other Restricted Grants
-
AGE Uk Cost of Living
-
Reaching Communities Big Lottery
-
Emanule HSP Fund
-
-
**Unrestricted funds**
62,588
**Total**
62,588|**Movement in funds**
**Income**
**Expenditure**
**Transfers**
**Balance at**
**1 April 2024**
**£**
**£**
**£**
**£**
71,654
(71,654)
-
-
70,000
(70,000)
-
-
2,065
(2,065)
-
-
39,444
(39,444)
-
-
36,380
(47,928)
11,548
-
12,504
(3,126)
-
9,378
232,047
(234,217)
11,548
9,378
171,694
(181,410)
(11,548)
41,324
403,741
(415,627)
-
50,702|**Movement in funds**
**Income**
**Expenditure**
**Transfers**
**Balance at**
**31 March 2025**
**£**
**£**
**£**
**£**
20,042
(22,130)
2,088
-
64,516
(73,589)
9,073
-
750
(750)
-
-
3,149
(3,149)
-
-
48,719
(49,542)
823
-
9,375
(19,638)
885
-
146,551
(168,798)
12,869
-
192,005
(152,394)
(12,869)
68,066
338,556
(321,192)
-
68,066|**Movement in funds**
**Income**
**Expenditure**
**Transfers**
**Balance at**
**31 March 2025**
**£**
**£**
**£**
**£**
20,042
(22,130)
2,088
-
64,516
(73,589)
9,073
-
750
(750)
-
-
3,149
(3,149)
-
-
48,719
(49,542)
823
-
9,375
(19,638)
885
-
146,551
(168,798)
12,869
-
192,005
(152,394)
(12,869)
68,066
338,556
(321,192)
-
68,066|
|---|---|---|---|
||||-|
||||68,066|
||||68,066|
- 19 -
## **AGE UK HOUNSLOW**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **16 Movement of funds**
**(Continued)**
**London Borough of Hounslow** supports Age UK Hounslow is various different projects. The purpose of these grants are for a day service, dementia care and more recently, refurbishment of our new premises, Telephone Befriending, Emergency packs
**Vintage Club** - The Vintage Club inside the SCC building. The purpose of this grant is to cover Vintage Club costs such as staff working as support worker and Vintage manager. This also covers costs of mini bus provision.
**Other** - Other grants include grants from providers such as Tesco, Morrisons, Euroclear and various other providers which support Age UK Hounslow. These grants are restricted for specific purposes or projects, which is determined by the provider.
**Reaching Communities Big Lottery -** The purpose of the grant is to cover costs of community engagement officer.
**AGE UK Cost of Living -** The purpose of the grant is to fund towards food and cleaning, consumables, activity costs, transport and management fees.
**Emanule HSP Fund -** grant was awarded by the historic Emanuel Hospital charity and will help aid thousands of older people struggling with the cost-of-living crisis. This has used to offer information and advice sessions on topics such as claiming benefits, saving energy, eating well on a budget and avoiding scams.
- 20 -
## **AGE UK HOUNSLOW (A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**17**
**Analysis of net assets between funds**
**General Funds**
**Restricted**
**Funds**
**2025**
**2025**
**£**
**£**
Fund balances at 31
March 2025 are
represented by:
Tangible assets
29,941
-
Net current assets
38,125
-
68,066
-|**Total General Funds**
**Restricted**
**Funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
29,941
42,547
-
38,125
(1,223)
9,378
68,066
41,324
9,378|**Total**
**2024**
**£**
42,547
8,155|
|---|---|---|
|||50,702|
## **18 Related party transactions**
Details of transactions with trustees and senior management are in note 9.
## **19 Share capital**
The charity is constituted as a company limited by guarantee and does not have a share capital divided by shares.
## **20 Ultimate Controlling Party**
The charity was under the control of Board of Trustees throughout the year.
- 21 -