Age Active (Reglstered Charity number 1062364) Financial Statements for the year ended 31 August 2023 Contents Page Legal and Administrative Infomiation Trustees, report Independent Examiners report Statement of financial activities Balance sheet Notes to the accounts 9-11
Age Actlve Legal and Adminlstrative Inforniation for the year ended 31 August 2023 Trustees Sue Jayawardena Alan Dulcamara Beryl Burgess Chair Treasurer Secretary Registered Charity Number 1062364 Registered Office Victoria Hall Norfolk Street Sheffield S12JB Independent Examiner White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL Bankers Barclays Bank plc Sheffield City Office 14 Commercial Street Sheffield S11NG
Age Active Trustee report for the year ended 31 August 2023 The trustees are pleased lo psent thèir report and financial statemertts of the charity for year ended 31 August 2023 The Iruslees have adopted the provisions of the Statement of ReGommended Prackn'ce ISORPI 'Accounting and Reporting by Chanties" issued in March 2005 In preparing the annual reportand financial statements ol the charity. Obj&¢ts of thg charity The Gharity is an unincorporated asso¢iab"on with a constitution. The objects include.. To promote the preservation and PfOte¢bon of good healih and the relief of siGkness amongst the Inhabitants of South Yoikshire and North Easl Derbyshire who are aged 50 years or over In parti¢vlar by the provision of health education, infomiabon and health and fftness activities Organisation Age Active is a registered charity and is govemed by 8 consbtubon dated 19 O¢tobw 1996, as amended 15 April 1997. The charity is managed by trustees, with paid workers and volunteers involved in the day lo day running ol the project aclivilies. New Trustees a cruIted either from association with the charity In a professional manner. or trom Involvement In the activibes Some Trustees have been aware of Ihe Charty's actiwlies but not been involved. The Management Comrnitlee trs responsible for appointing staff lo run the day lo day activities- lulors lo take the sessions, a Co-ordinator to handle administrab.on and other pracbcal duties. and a Project hhanager to oversee the running of the organisalion. Activitias and review The first full year since lockdown, with no furtough paymen15 or renl amnesty. Although ¢ovid restri¢lions have been lffted Victoria Hall have Still contiftued wrth restricb'ons within the building. The Glasses have not retumed to pre covid numbers. Many people have expressed an unwillingness to travel into town, for a variety of reasons. among them being". Sheffield oly ¢enlre is undergoing redevelopment. consequently Fargate is effectively a building site. Buses have become unreliable and infrequent, many shop5 have closed, large numbers of homeless people have begun congregating in the aty ¢enlre. As 8 result not only has il meant less of the previous customer base has stopped coming. but there is now less of a potential cuslomer base, i.e. far fewer new peopl& ¢oming to the classes. The endowment we received last year has proved Invaluable and has meant we are able lo continue with the charity. In the next couple of years the stsff will reach retirement age, meaning the organisation will be paying less wages and national insurance. Hopeftjlly this will be a great help financialty. 11 is wrth great sadness that our long lemi dance tutor Dennis Dryden passed away this year. Denni5 worked for Age Aclive for nearfy 25 years and was an Integral part of the charity's day lo day fun¢tioning. He will be greauy missed.
Ag8 Actlve Trustee report contlnued Public benefit ststement The benefits of Age Active are both clear and dire¢tty related to the charitys aims. With a weekly average of over 500 older people attending classes or activities during the past year, the aim of providing service to the area Is cleady fulfillwj, and is also strictly related lo the aims as set out in the organisation's Constitution. The harm or d¢)wnsidÈs to this that can be Klentified are stridy monrtored by the Trustees and Management Committee The ability to provide as open and aCcessie a service to the public as possible is also laken into consideratlgn. and is something that is addressed in tsndem with the venues where activits.es lake place e.g Victoria Hall Methodist Church. Through ¢onla¢t with other agencies in the area. the Trustees b¢ligve that the best possible working practises are deployed by the ¢harity. Risk Management The major risks, to which the Charity is exposed, as identffied by Ihe trustees. have been reviewed and systems have been established to mitl9ate those risks. Res&N&8 Pollcy Age Adive adopts as an ongoing policy the setb.ng aside of a sum of money to fvnd 51x months running costs should any other source of Income become unavailable Future Strategy The long-term aim of the organi5alion is to create a more effective marketsng policy and lo maximise the potential of word of mouth publicity among the current members.
Age Active Trustee report continued Trustees responsibilities for the financial statements The trustees are responsible for preparing financial statements for each financial period which show the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements, the Trustees are required to= select suitable accounting policies and apply them consistently. make judgements and estimates that are reasonable and prudent. El prepare the financial statements on a going Concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping piopei accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable the Trustees to prepare financial statements. The Trustees are responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud and other irregularities. Signed on behalf of the Trustees on Alan Dulcamara Treasurer
Age Actlve Independent eXaMineS report to the trustees of Age Active I report on the accounts for the year ended 31 Au9USt 2023, which are set out on pages 7t011. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144{21 of the Charities Acl 2011 (the 2011 Act) and that an independent examinalion 15 needed. It is my responsibility to.. Q examine the accounts under section 145 of the 2011 Act., QI to follow the procedures laid down in Ihe general Directions given by the Chafity Commission under section 145 {5){bl of the 2011 Act., and El to state whether particular matters have come to my attention. Basis of independent examine$ report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examinalion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come lo my attention.. (1) which gives me reasonable cause to believe that in any material respect the requirements- El to keep accounting records in accordan with section 130 of the 2011 Act,. and to prepare accounts which accord wilh the accounting records and comply with the accounting requirements of the 2011 Act have not been mel., or 12} to which, in my opinion, attention should be drawn in order to enable a proper understan e accounts to be reached. Signed: Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL Date.. ILI,
Age Active statement of Flnanclal Activitles for the year ended 31 August 2023 Total 2023 Total 2022 Notes Incoming resources Grants and donations Class takings Legacy Other income Bank interest Total Incoming resources 2,505 50,510 104,399 27 42,002 513 512 43,027 157,451 Resources expended Charity Running costs Management and administration of the charity 75,518 69,013 464 567 Total resources expended 75,982 69,579 Net (outgoing)lincoming resources Total funds brought forward (32,955) 87,871 136,278 48,407 Total funds carried forward 103,323 136,278
Age Actlve Balance Sheet as at 31 August 2023 2023 2022 Notes Current assets Debtors and prepayments Balance at bank and cash Total current assets 103,823 103,823 136,613 136,613 Creditors.. amounts falling due within one year (500) (335) Net current assetsl(liabilities) Total assets less current liabilities 103,323 136,278 103,323 136,278 Total net assets 103,323 136,278 Represented By FUNDS Unrestricted income fund Restricted income fund 103,225 98 103.323 136,180 98 136,278 The trustees approved these financial statements on and signe(i on its behalf by Alan Dulcamara Treasurer
Age Active Notes to the Accounts for the year ended 31 Au9llSt 2023 Accounting Policies General The financial statements have been prepared in accordan wth the Statement of Recommended Practice, Accounb'ng and Reporting by Charities ISORP 20051 issued in March 2005. Income Grants donaliolls and Income from charitable trading activities are recognised in full In the Statement of Financial Activities in the year in which they are received. Restricted Funds Reslricled funds are used for specific p4Jrposes as latd down by the donor. Expenditure which meèts the crrteria is identifted to the fund together with a fair allocation of management and support costs. Unrgstricted Funds Unrestricted Funds a other income receNed or generated for the objects of the charity without further specified purpose and are available as general funds. Resources expended Resources expended are included in the Slatemenl of Frnancial Activities on an accruals basis, in¢lusive of V.A.r. The company is nol VAT registered. Management and Administration costs of the charity relate to the costs of running the charity such as the costs of meetings, professional costs and stalulory compliance. and includes any costs which cannot be specifically identified to another expenditure classification. Tangible Fixed Assets and Depr&¢iation Depreciation is provided on all tsngible fixed assets at lates calculated lo write off the cost of each asset over Its useful life usingthelollowing rates Fixlures and equipment 10 years straight line basis Computer 3 years straight line basis Fund Accounting Funds held by the charity are either reslficted funds or unrestrled general lunds. Unrestricted funds are funds which can be used in accordance with the charitable objects at the discretion of the Iruslees. Restricted funds that can only be used for a particular restricted purposes within the objects of the charty. Restriclions arise when specified by the donor or when funds are raised lor particular restricted purposes. Grants Total 2023 Totsl 2022 HhllRC Job Retention Grant The Dixon Pit¢hfoik Trust 1.755 750 2,505
Age Actlve Notes to the A¢nts for the year ended 31 Au9USt 2023 3 Costs of Op&rating the Centre Total 2023 Total 2022 Staff salaries and Inland Revenue Tutor fees and expenses Premises Insurance Repairs. renewals and equipment Other expenses 53.682 780 17,100 902 1.824 1,229 75.518 52,713 786 13.040 888 799 787 S9,013 Managing and admlnlstration of the Charity Total 2023 Total 2022 Telephone Slaliollery Accountancy 114 350 464 232 335 567 Staff Costs and trustees remuneration Total 2023 Total 2022 Staff salaries 53.682 53.682 52.713 52,713 The average full lime equivalent number of employees during the year was 212022.. 21 No employee eamed £50.000 per annum or more. No trustee5 received any remuneration or expenses for their seiS during the year. 10
Age Actlve Notes to the Account$ for the year ended 31 August 2023 Debtors and prepayments Total 2023 Total 2022 Prepayment Creditors.. amounts falling due withln one year Total 2023 Total 2022 Trip prepayments Tutor fees Premises and rent Independent examination 150 350 500 335 335