Age Active (Registered Charity number 1062364) Financial Statements for the year ended 31 August 2024 Contents Page Legal and Administrative Information Trustees, report Independent Examiners report Statement of financial activities Balancp sheet Notes to the accounts 9-11
Age Active Legal and Administrative Information for the year ended 31 August 2024 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 Sheff ield City Off ice 14 Commercial Street Sheffield S1 1NG
Age Active Trustee report for the year ended 31 August 2024 The Irustees are pleased to presenl their report and financial statemerfts of the Charity for year ended 31 August 2024 The trustees have adopted Ihe provisions of the Statement of Recommended Practice ISORP} "Accounting and Reporting by Charities" issued in March 2005 in preparing Ihe annual reportand financial statements of the charity. Objects of the charity The charity is an unincorporated association with a constitution. The objects include.. To promote the preservation and protection of good health and the relief of sickness amongst the inhabitants of South Yorkshire and North East Derbyshire who are aged 50 years or over in particular by the provision of health education, information and health and fitness activities Organisation Age Active is a registered charity and is governed by a constitution dated 19 October 1996. as amended 15 April 1997. The charity is managed by trustees, with paid workers and volunteers involved in the day to day runnin9 of the project activities. New Trustees are recruited either from association with the charity in a professional manner, or from involvement in the aclivilies. Some Trustees have been aware of the Charity's activities but not been involved. The Management Committee is responsible for appoinling staff lo run the day to day activities - tutors to take the sessions. a Co-ordinator to handle administration and other practical duties, and a Proiect Manager to oversee the running of the organisation. Activities and review Another year of consolidation after ¢ovid. Numbers still considerably lower than pre-covid, with a variety of factors contributing to this situation. Sheffield city centre is undergoing redevelopment, consequenlly Fargate is effeclively a building site. Buses have become unreliable and infrequent, many shops have closed, large numbers of homeless people have begun congregating in Ihe City centre As a result not only has it meant less of the previous customer base has slopped coming, but there is now less of a potential customer base, i.e far fewer new people ¢oming to the classes. The endowment we received last year has proved invaluable and has meant we are able to continue with the charity. In the next couple of years the staff will reach retirement age, meaning the organisation will be paying less wages and national insurance. Hopefully this will be a great help financially Very sadly our dance teacher Janet Wainwright passed away this year. Janet had been with Age Active nearly thirty years and was involved with many of the classes, taking the classes herself in Woodhouse and Ecclesfield, and helping with the classes in town Janet came on all Age Aclive's holidays, bringing many friends and family with her. their group being an amazin9 source of fun and entertainment. She would always say how much they all enjoyed the holidays, and what greal fun they were. Janet will be 50rely missed.
Age Active Trustee report contlnued Public benefit statement The benefits of Age Active are both ¢lear and directly related lo the charity's aims With a weekly average of over 500 older people attending classes or activilies during the past year, the aim of providing service to the area is clearly fulfilled, and is also strictly related to the aims as sel out in the organisation's Constitution. The harm or downsides to this that can be identified are strictly monitored by the Trustees and Management Committee. The ability to provide as open and accessible a service to the public as possible is also taken into consideration, and is something that is addressed in tandem with the venues where activities take place e.g. Victoria Hall Methodist Church. Through Contact with other agencies in the area, the Trustees believe that the best possible working practises are deployed by the charity. Risk Management The major risks, to which the charity is exposed. as identified by the trustees, have been reviewed and systems have been established lo mitigate those risks. Reserves Policy Age Active adopts as an ongoing policy the setting aside of a sum of money to fund six months running costs should any other source of income become unavailable Future Strategy The long-lerm aim of the organisalion Is to create a more effective marketing policy and to maximise the potenlial of word of mouth publicity among ihe 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: Il select suitable accounting policies and apply them consistently. make judgements and estimates that are reasonable and prudent. Il 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 proper 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 by Alan Dulcamara Treasurer
Age Active -Independent examine5 report to the trustees of Age Active I report on the accounts for the year ended 31 August 2024, which are set out on pages 7t0 11. 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{2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. Q examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act. and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination 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 ststement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: Ll to keep accounting records in accordance with section 130 of the 2011 Act., and Il to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a proper understandin accounts to be reached. Signed: Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL Date..
Age Active Statement of Financlal Activities for the year ended 31 August 2024 Total 2024 Tota I 2023 Notes Incoming resources Grants and donations Class takings Legacy Other income Bank interest Total Incoming resources 43,145 42,002 225 1,311 44,681 513 512 43,027 Resources expended Charity Running costs Management and administration of the charity 71,695 75,518 534 464 Total resources expended 72,229 75,981 Net {outgoing)lincoming resources (27,549) (32,955) Total funds brought forward 103,323 136,278 Total funds carried forward 75,774 103,323
Age Active Balance Sheet as at 31 August 2024 2024 2023 Notes Current assets Debtors and prepayments Balance at bank and cash Total current assets 76,364 76,364 103,823 103,823 Creditors: amounts falling due within one year (590) (500} Net current assetsl(liabilities) 75,774 103,323 Totsl assets less current liabilities 75,774 103,323 Total net assets 75,774 103,323 Represented By FUNDS Unrestricted income fund Restricted income fund 75,676 98 75,774 103,225 98 103,323 The trustees approved these tinancial statements on S and signed on its behalf by Alan Dulcamara Treasurer
Age Active Notes to the Accounts for the year ended 31 August 2024 Accounting Policies General The financial statements have been prepared in accordance with the Statement of ReGommended Practice, Accounting and Reporting by Charities (SORP 20051 issued in March 2005. Income Grants donations 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 Restricted funds are used for specific purposes as laid down by the donor. Expenditure which meets the criteria is identified to the fund together with a fair allocation of management and support Costs. Unrestrlcted Funds Unrestricted Funds are other income received or generated for the objects of the charity without further specified purpose and are available as general funds. ResourGes expended Resources expended are included in the Slatement of Financial Activities on an accruals basis, inclusive of V A.T. The company is not VAT registered. Management and Administration costs of the chariiy relate to the costs of running the charity such as the costs of meetings, professional costs and statutory compliance, and includes any cosls which cannot be specifically identified to another expenditure classification. Tanglble Fixed Assets and Oepreciation Depreciation is provided on all tangible fixed assets at rates calculated lo write off the cost of each asset over its useful life usingthefollowing rates 10 years straight line basis 3 years straight line basis Fixtures and equipment Computer Fund Accounting Funds held by the charity are either restricted funds or unreslricted general funds. Unrestricted funds are funds which can be used in accordance with the charitable objects al the discretion of the trustees. Restricted funds that can only be used for a particular restricted purposes within the objects of the charity Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Grants Total 2024 Total 2023 HMRC Job Retention Grant The Dixon Pitchfork Trust
Age Active Notes to the Accounts for the year ended 31 August 2024 Costs of Operating the Centre Total 2024 Total 2023 Staff salaries and Inland Revenue Tutor fees and expenses Premises Insurance Repairs, renewals and equipment Other expenses 53,317 786 53,682 780 IA 15,764 907 636 284 71,695 17,100 902 1,824 1,229 75,518 Managing and administration of the Charity Total 2024 Total 2023 Stationery Accountancy 159 375 534 114 350 464 Staff Costs and trustees remuneration Total 2024 Total 2023 Staff salaries 53,317 53,317 53,682 53,682 The average full time equivalent number of employees during the year was 212023.. 2) No employee earned £50,000 per annum or more. No trustees received any remuneration or expenses for their services during the year. 10
- Age Active Notes to the Accounts for the year ended 31 August 2024 Debtors and prepayments Total 2024 Total 2023 Prepaymenl Creditors: amounts falling due within one year Total 2024 Total 2023 Trip prepayments Tutor fees Pension Independent examination 150 215 375 590 350 500