EnField ageuK Annual Report 2020 / 2021 Age Concern Enfleld Operating as Age UK Enfield A Company Lirnited by Guarantee Trustees, Report and Flnanclal Statements For the year ended 31 March 2021 Company Reglstration Number 3352062 (En8land and Wales) Charity Registration Number 1063696 (England and Wales) REFERENCE AND ADMINISTRATIVE INFORMATION Company re8lstration number 3352062 IEngland and Wales) Charlty realstratlon number 1063696 IEngland and Wales) Governlnl document Articles of A55OCiation Trustees Elaine Adkin Rasheed Sadegh-zadeh (resigned 08112120201 Andy Pallikarou (resigned 09111120201 Enver Kannur Beryl De Souza Rasheeda All-selvaratnarn (resigned 31103120211 Maria AranJo (resigned 28104120211 Jacqueline Wood Iresi8ned 06101120211 Sandra Klrwan Andreea Nadina Hausmann Ireslgned 16102120211 Nicola5 Wan Thoun8 Kee Mew (appointed 26105120211 Anne Smol (appointed 26105120211 Company secretary Kaya Taylor Re&lstered office Age Concem Enfield John Jack50n Library 35 Agricola Place Bush Hlll Park Enfield ENI IDW Independenl audttors Knox Cropper LLP Chartered Accountants 65 Leadenhall Street London EC3A 2AD Bankers Barclays Bank PIC 259 High Street Ponders End Enfield EN3 4DS CONTENTS Page Chalrs, Introductlon Trustees, report 2-12 Independent auditorfs report 13-15 Statement of flnanclal activities 16 Balance sheet 17 Statements of Cash Flows 18 Notes to the financial statements 19-34 Acknowledgement 35 AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) Chalrs. Introductlon Reflectin8 on thi5 Past year brings a range of mixed emotions. The impact that the pandemic has had on everyone in the community has been immense, with so many struggling, and sadly many people grieving the Ios5 of loved ones. Older people have of course been hit partlcularly hard, with many shielding and unable to access their normal sources of help and support, we saw many of our client5 5ufferinB with loneline55, 1501ation, and deterioiating health and wellbeing. However we also look back on the year with an enormou5 sense of pride. A8e UK Enfield staff and volunteers pulled together to deliver an outstanding level of service, adapting quickly and Creatively to ever-chan8ing circumstances. We worked with LB Enfield to provide hot meals to those unable to get ovt, we collected prescrlptions, conducted wellbeing phone calls and visits, shopped for people, provided home based exercise packs to keep people fit and active, 35 well as accompanying online video exercise cla55es, all backed up with di8ltal projects to ensure that older people are no longer left behind in the 'digital divide.. We have also seen some changes within the organisatlon. 8en Ingber started as Chief Executive Offlcer In April 2020 just before lockdown, overseeing much of the covld response services. Durlng the financSal year, we 5ald goodbye to some much appreciated members of the Board of Trustees.. Andy Pallikarou Joined in 2016, becomin8 Chair of the 8oard the following year, leading with integrity and ins18ht, Using her specialism as a solicltor to help develop our services wlth the Interest of our cllents at the heart of everythin8 she dld. Rasheed Sadegh-zadeh left havln8 served his maxSmum of 9 years on the board, we are incredibly grateful for his 518nificant contrlbutlon to AUKE durin8 this time. lacqui Wood has been a trustee since 2016, having dedlcated many years to AUKE as a volunteer before this, and wlll be sorely missed by staff, volunteers and clients. The board has wlden the sklll set amongst our trustees by the appointment of three new board members, While there have been slgnlficant flnanclal challenges, we have worked hard to find and create fundin8 opportunitles. As a result, we hove been able to strengthen our reserve5, which wlll be essential for our future success. We are dedicated to leading the organlsotlon into the next year in as stron8 a position as possible, ready to meet the challenges of the comln8 year and beyond. Finally, we would Ilke to express our sincere thank5 to our wonderful team of staff and volunteers, who, along wlth our partnerships with LB Enfield, the CCG, and many orBanisation5 acr055 the tommunlty, have continued to make a real and tanglble difference to the older people that we support. Sandro Kirwon & Elolne Adkln Co-cholrs, Boord of Trustees AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021 Charlrfs mlsslon and purpose The trustees present thelr report and flnanclal statements of the charity for the year ended 31 March 2021. The trustees have complied with the duty to have due regard to guidance issued by the Charity Commission nd have adopted the Statement of Recommended Practlce ISORP FRS 102 second edition), which was effective from I january 2019. Our purpose The charlV5 objects I'the objects'l are specifically restricted to promoting the following purposes for the beneflt of the publlc and older people In and around the London Borough of Enfield (the 'area of beneflt'l re8ardles5 of ethnlc origin. gender, marital status, disability, sexual orlentatlon or religious belief.. l. Preventin8 or relievlng the poverty of older people 2. Advancing education for older people Preventing or relieving 51ckness, dlsease or sufferlng In older people (whether emotional, mental or physicall 4. Promotlng equality and diverslty In relation to older people 5. A55i5tin8 older people in need by reason of ill health, di5ablllty, financlal hardshlp, Social exclusion or other disadvantage 6. Such other charitable purposes for the benefit of older people as the board may from tlme to time decide, the outcome of this being the promotion of wellbein8 of older people. Structure, Governance and Management Governlng document The organisation is a charitable company limSted by guarantee, Incorporated on 14 April 1997 and reElStered as a charity on 30 July 1997. The charitable company formed in 1997 took on the a55ets and liabilities of a prevlous unincorporated charlty- The company wa5 established under a Memorandum of Association whlch defined the objects and powers of the charitable company. It Is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceedin8 £1. Publlc Beneflt The Trustees confirm that they referred to the 8uidance contained in the Charlty Commlssion's general Euidance on public benefit when reviewln8 the Charitys aims and objectives. They consider that the activities carried out, summarised in the Achievement & Performance section of this report below, provide benefit to the communitv. AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Actlvltles & Achlevements Age UK Enfield seNices are organised In two categorles: Prevention and Wellbelng Services. and Care and Support Services. As an or8anisation we have worked hard to ensure there are clear pathways and referral routes across our services, streamlining to ensure a smooth experience for our clients. We have been Improving our recordlng, reporting and monitoring to ensure we can evidence the work that we have been doing. We have adapted to new ways of working, improvlng our technology to better enable home working, belng flexlble and takin8 innovative and creative approaches to the ever-changlng guldelines. Preventlon and WellbelnB Servlce5 Fa115 prevention Memory service Frailty servlces Ican Planning for later life Information and Advlce Veterans, project Fit for life Care and Support Servlces Home care Day care Home from Hospital Covld response servlces Ilncluding hot mea15, prescrlptlon collection, shopping and morel 0i8ltal connections project AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Prevention and Wellbeing Services Falls prevention Our falls prevention seNice provides a range of information, exerclse and actlvity se$5ions for people who have fallen or are at risk of fallin8. During lockdown5 we quickly adjusted to online activities including Tai Chi and Seated Yoga, as well as dlstributing a Tai Chi Falls prevention pack for those who aren't online. Our telephone befriending service assisted with wellbeing phonecalls to check in on how clients were doing. During lockdowns, 358 people attended our weekly onllne 5e551ons. While referrals from Barnet, Enfield and Haringev Mental Health Trust IBEHTI fell a5 staff were seconded to other roles, we had an increase In the number of people self-referring. Memory Service Our Memory club is a weekly social group which offers people with memory problems and their carers a chance to meet other people, hear talks from professionals in the field, and access information and support. Memory care navigators support people from point of diagno515, ensuring thelr journey to access services is as seamless as possible. During lockdown, the memory club was quickly moved onllne vla zoom, supporting around 35 people per month, and we developed a hybrid offer of support including hand dellverin8 40 activity packs each month, as well as telephone befriending. 273 newly dlagnosed people beneflted from our navl8ators' support. Frailty service Our Frailty servlce assists people to acce55 a health, mobility and medlcatlons revlew and memory screening lif appropriatel, to create a plan of wishes and preferences for future care, and access services that can help people to avoid hospital and remain Independent. As clinics were suspended, referrals from these areas fell and we weren't able to continue In-person services, so we adapted to offer online activlties alon8 Wlth our Digital Champions who a55iSt people new to technology With one-to-one support. Online Activities offered up to 12 sessions per week of creatlve activitles. Craft-along, Three Generations, Social Singing, Giggle Box, 8ook Club, Poetry, and History. In the peak of lockdown 132 people a month benefited from connecting to others online. ican Ican uses a hollstlc approach to improve the health and wellbeing of vulnerable adults of all ages, supporting them to live healthily and independerbtly in the community. During periods of lockdown, the servlce rapidly transformed to offer telephone asse55ment5 and telephone wellbeinE checks, online activitie5, doorstep visits and three different activity packs that were delivered to our clients. Despite losing our community presence, referrals ir)to the Service remained steady and we supported people who needed urgent help with hot mea15, 8rants, benefits, housing issues, and more. The team planned activities that could safely be carried out within guidelines, so were ready to return to in person activities as soon as they were able. The Stroke café facilitated by Attend became weekly due to increased demand, and our target of 420 referrals was almost doubled. We exceeded targets in all areas, including 601 attendees at groups. AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2021 Planning for Later life / End of life For people over 50 and their carers, our free Planning for Later Life awarene55 sessions cover a range of topics including.. making a will, power of attorney, advanced statements I decisions. and bereavement servlces. We also offer l-l Indlvldually tailored support for people with life-limlting conditions. During lockdowns, we continued offering awareness sessions via zoom, and offered information packs, and the opportunity for further discussion and support a5 required. People on our enhanced l-l service were helped through regular phone calls and emotlonal support, worklng together to develop solution5 to Issues they were facing. We continue to work closely with partner organisations including North London Hospice, Adult Social Care, and Occupatlonal Therapy, as well as Age UK Enfield 5ervlces. 190 people attended zoom awareness sesslon5, and 42 people were sUPPOrted on the enhanced l-l programme. Veterans, Project Funded by the Armed Forces Covenant Fund, this six month project supported Veterans livin8 in Enfield. We conduct a benefit5 check to ensure that they are receivin8 all the benefits they are entitled to, offer a home exerclse pack, provide other information that mlght be useful, and put them In touch with other veterans or military organisations that can offer support includin8 the Royal LeBion, 55AFA The Aimed Forces Charity, and the Mlnlstry of Defence to apply for medals. 60 beneflt ¢he¢ks were completed resultlng In securlng benefits •quatln8 to approxlmately £191,570.72, wlth a total of 81 referrals, Fit for Life Flt for Life Is a Series of exercise and fitness classes for people over 50. Classes take a place at a range of communlty venues across the borou8h, as well as walks of varyln8 lengths in local parks. During the pandemlc all classes moved online. The team set up a YouTube channel with a range of exercise classes, which athleved over 9,000 views. This wa5 used in conjunction with the 2000 Home Exerclse booklets and reslstance bands that were circulated to older people In the borough, enabling them to stay fit and actlve within their homes. Fit for Life classes resumed as soon as it was safe to do so, and are now offering a programme of 19 classes Ind walks In the communlty, a5 well a5 two zoom classes per week. We also run the Ground Works Cyclin8 prolect. teachin8 cyclin8 in locol parks, whlch has been extremely popular, hittin8 their l year targets within 2 weeks, AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Information and Advice Our Information and advice service offers advice, information and support on a varSety of Issues affectinB older people. This can include applications for benefits or houslng, blue badge application5, advice on money or debt, funeral plans, care choices, employment and pensions. tax 155ues, referrals to Social services and occupational therapy, and much more. Demand for our seNices increased during the pandemic. We continued to support Dur existing clients via telephone and video calls, as well as helping many new cllents and many concerned family members who weren't able to V15it and asSlSt their loved ones. Care and Support Services Day care The Parker Centre Is a specialist dementla day care centre in Edmonton. Cllents over 50 who have early to late sta8e dementia, attend for the day and take part in a range of actlvltles Includin8 reminiscence session5, chalr based exercise. arts and crafts, and many other activities We provide a nutrltlOU5, freshly cooked meal as well as refreshments throu8hout the day. When we had to close the centre durSn8 lockdowns, we quickly re- organised to provide help at home for some of our more vulnerable members. Throughout thls time we have been focussed on supportlng our clients and families, knowlng that the uncertainly can be partlcularly challen8ln8 for people wlth dementia, and difficult for famille5 and carers who rely on the resplte that the centre provldes. We supported 64 day centre clients, and their families. Home care Our home care seNlce offers a range of services Withln peoples homes, with the alm of enablln8 them to continue livlng Independently. Th55 could Include- orBanisin8 Stlmulatlng activities, personal care, a5515tance with medication, accompanyin8 people to appointment5, organising 5hoppin8. and a broad ran8e of household tasks. Ourillg lockdown5, many people were shlelding so we reassessed how we could continue to support our clients,. In some cases this meant contlnulng to support them In their home5 Iwlth full PPEI, in others it was telephone or online support. We remained in contact wlth cllents and thelr famllles, and continued to check on how they were doin8. Durin8 this year, we Supported 88 clients and their famllles. AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Home from H05Pital Home from h05Pital provldes 5UPPOrt over a three week period after discharge from hospital. This is a critical period in people's recovery, whère the assistance wlth everyday tasks including shopping, light housework and food preparatlon can ensure clients are able to rest and recover with some support. It Is also an opportunity to asse55 if there are any other services that might be of benefit, including occupational therapy, adult social care, Information and Advice, and more. 29 people were supported to return safely home from hospltal, Digital connections Digital Connections aimed to address digital exclusion amonBSt older people, particularly older people with dementia and their carers. Staff facllltated older people using tablets to explore the internet,. people who had never been onllne before were able to access a wlde range of resources and actlvities, includlng vSdeo clip5, reminiscence and historical research, online games, hobbies and news. 38 older people benefitted from this project, with 98% saying they got what they wanted from the sessions, and 88% sald thewé like to use a tablet again. Covid-19 response services A5 500n as lockdown hit, we worked wlth our partners and LB Enfield to provlde a serles of emergency response services. Th15 Included delivering hot meals to vulnerable older people, collecting prescrlptlons. and doin8 shopping for people who were shleldinB. We were regularly checkin8 In on cllents via telephone, providin8 information and advice, and befrienéin8 where appropriate. We recruited a team of volLAnteers to help support these services, along wlth staff who had any spare capaclty. During this time, 200 people had hot mea15 dellvered dally• 132 people had prescrlptlons collected and dellvered and we supported others with a range of servlces such as shoppln8 and regular ca115. We also changed the way we worked across the oigrnisation, with both the offlce and the Parker Day centre closed to the public and belng used a5 resource hubs for the Covid response services. Many staff members worked from home and continue to do so. Delivering dlfferently provided the organisation with the opportunity to Identify changes to the IT systems to better support online service delivery and home working. We upgraded our IT infrastrurture, replacing or upgrading laptops and mobile phones as well as improving some of the 5Y5tems we use, to ensure that home working is as efficient as Possible, We sought expert advice which resulted in improved use of existing IT systems, freein8 UP staff time and creating more efficient communlcatlons between AUKE and clients and their families, a5 well a5 between departments. AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT (CONTIP4UEDI FOR THE YEAR ENDED 31 MARCH 2021 The Board of Trustees In accordance wlth the Articles of A550clatlon, the Company has a Board. Under the requirements of the Articles of the Company. the members of the Board are elected to serve for a period of three years from the date of their election and are eligible for re-election to seNice for a maximum of nine years. The member5 of the Board are the Compan￿$ Dlrectors for the purpose of company law and Trustees of the Charity for the purposes of charity law. In accordance wlth the Articles, the Board con515t5 of a minimum of five trustees and a maximum of fifteen, to be elected by the members at a General Meeting or appointed to flll a casual vacancy or co- opted. The Honorary Officers Ico-chalrs, or Chalr and Vlce Chair, Treasurer and Honorary Secretary) are appointed by the Board from amongst the trustee5 In accordance with the Articles. Up to two representatives of the Statutory Health Authority and the Local Authorlty are entitled to attend Board meetings as observer5. The Board meets approximately every two months to revlew and a8ree major areas of policy and the 5trateglc directlon of the Charity. The Board has two formal sub-committees to which certain mana8ement responslbllltles have been dele8ated. The Board from tlme to time also form5 worklng 8roup5 which conslst of a comblnatlon of staff and trustees e.g. Risk Management, Fundraising, Parker Centre. These workin8 8roups have a very specific remlt and report to the Board. Members of the Board who served durln8 the flnancial year were as follows.. Dlrector l Trustee Appolntment Date Reslgnatlon Date Elaine Adkin 0811212020 Rasheed Sade8h-Zadeh Andy Palllkarou 0810612011 0811212020 | 0911112020 2510512016 Enver Kannur 2810812015 Beryl De Souza 2410212017 Rasheeda Ali-selvaratnam 2410212017 3110312021 Maria Aranjo 2911112016 2810412021 Jacqueline Wood 2911112016 0611112020 Sandra Kirwan 2911112016 Nicolas Wan Thoung Kee Mew 2610512021 Anne Smol 2610512021 Andreea Nadina Hausmann 1411212017 1610212021 AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEE5 REPORT (COD￿INvED1 FOR THE YEAR ENDED 31 MARCH 2021 Governance The Board ensures that the composition and the breadth of experience are sufflclent for it to discharge its responsibilities. To these ends the Board regularly reviews its composition and where necessary identifies suitable people to Strengthen its skills and experience. Indurtion Prospective trustees are invited to meet the Co-chairs, and the Chief Executlve for Informal Intervlews. At these Interview5 the duties and responslbllltles of trustees, and the amount of commltment to the organi5ation required are fully discussed and suitable literature 15 provided to them. If the prospective trustee is approved by the Co-chairs they are invited to attend a number of Board meetings, before a flnal decision is made by the IndivSdual and the Board. Alternatively potentlal new trustees can be elected by the members at a general meeting. Tralnlng Each joining trustee 15 furn15hed with a number of documents whlch are listed below and Include the responsibilities and dutles of honorary oiTicers and trustees. Guidance on the nomlnation of Honorary Officers and Tru5tee5/Dlrectors,' An Information pack on Roles and Responsibilltles,. Role description for Trustee; Role descriptlon5 for each of the Honorary Offlcers,. Changes in charlty law and compliance with company regulatlons are notifled to the trustee5 at their regular meetlngs; The latest Annual Report. In addition the Charlty operate5 Internal training and an annual trustee tralnlng dav. Flnanclal Revlew Total incomin8 resources Increased to £1,335,83212020: £1,332,947) for the year and expenditure amounted to £1,224,55412020.' £1,264,306) re5ultinB in a net surplus of £111,279. There was an actuarial I'below the Ilne"11055 on the pension deflclt of £2,000. The pension deficit is wlth national Age UK and the final salary scheme was closed to staff several year5 aBO. Age UK Enfield 15 contributin8 over £43,1XJO per annum to duce the deficit. See also Note 12. We also transferred £37,550 from Restrlcted fund5 to Unrestricted funds a5 explained in Note 14, Signlflcant Contracts The Charity has significant contractual relationships with the London Borough of Enfield Social Services and Enfield Clinical Commissioning Group which provide the majority of the Charity's funding. Funding income of £575,758 were received in the year ended 31 March 2021 to support the provision of services for older people during a challenging year. AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Reserves Pollcy A5 of 31 March 2021 the charlty held free reserves of £430,943. Free reserves are unrestricted general funds not tied up in flxed assets, restricted or designated funds. Free reserves are held to ensure the continuity of core to older people, glven the relative untertainty of future project funding and to protect the long term vlablllty of the Charity. The medium term financlal strategy re8ard5 at least three months reserves as the minimum required to cover income volatility and short term worklng capital requlrements. Although we are within our reserves policy, and In Ilght of the Covid-19 pandemic the trustee5 have considered the current reserve5 pollcy and Still feel that it should be increased In the future, The organisation has identified new source5 of funding to provide a range of emergency response servlce5 to older people in Enfield In the Ilght of ￿gUlar flnancial reviews and the Annual Accounts the trustees believe the or8anisation to be viable and Is operatln8 Wlthin our reserves policy Investment Pollcv Funds not Immediately requlred by the charity for its charitable actlvitie5 are invested In short term interest yielding bank deFX)Sit accounts at the prevallin8 market rates of Interest. Rlsk Management The Board regularly reviews the risks to the or8ansation, ensurln8 robust systems and procedures are in place to mana8e these risks. Inabilit to enerate sufficient income to meet our ob'ectives and dellver our services We have taken a number of steps to diversify our income, includin8 continulng to invest in a part-time Development Manager to secure Income from a wlde range of sources. We review all relevant opportunities to 8enerate income that will further our objectives and monitor our expenditure closely. We are aware of the challenges ahead in a p05t-COVID world and are developing our 5trate8y accordingly. Insufficient reserves to withstand a downturn in activit We have improved our reserves position over the course of the financial year and Intend to ensure we maintain a level of reserves con515tent with our ReseThes Policy, but thi5 remain5 a challenge in the current operating environment. We closely monltor our income and expenditure, and plan to grow our unrestricted income over the coming period. The Reseryes Policy will be reviewed in 2022. Insecurit of remlses arran ements We are worklng closely with Enfield Council to è8ree future arrangement5 for premises from which to dellver our services. io AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 The Impart of COVID-19 and Plans for Future Perlods COVID-19 and the associated lockdowns led to a transformation of our charity. We c105ed our face-to-face services and premises in March 2020 and immediately refocused our activities to meet the rapidly chan8in8 needs of the older people we support, and many more who were not previously in need of our services. The financial impact of COVIO-19 on the charity was partially mltl8ated by our rapid response to the pandemlc. We have 8enerated income to expand existlng services and develop new ones, and reduced our costs where P055ible. We continue to monitor our expendlture closely, wh51e sSmultaneously working hard to generate the income needed to fund our e55ential services and build our resetves to ensure we are resilient and sustainable in the uncertain years ahead. We will be developing a new strategy durln8 the coming year. We will be consulting further with older people in Enfield, and drawin8 on the expertlse of our Staff, volunteers and partners. to ensure our plans meet the needs of the diverse community we serve. Other key areas of focus thls year will be en5urlng a safe retum of cllents to our Day Cent￿, refreshlng our approach to volunteer co-ordlnatlon, and implementing our new 5ervlce5 Such as a project to SUPPOrt veterans we are runnlng In partnership wlth Age UK Waltham Forest, and our new Maintenance Cognitive Stimulation Therapy groups for people livlng with dementia. We a150 continue to look at new and different ways of workin8. Durin8 the comin8 year, we wlll contlnue to review and update our infrastructure including IT, telephony and remote working options, and will have significantly modernlsed In this respect by the end of 2021122. Goln8 Concern The fSnancial trend has been positlve wlth increased Income during the reporting period, and a recorded surplus. Therefore after reviewing the charity's initial forecasts and projections and Its strategy for growth, the directors have reasonable expectations that the charlty has adequate resources to continue In operational existence for the foreseeable future. The charlty therefore contlnues to adopt the 8oin8 concern basis In preparin8 Its financlal statements. Trustees. responslbllltles In relation to the flnanclal slatements The trustee5 (who are also the directors of Age Contern Enfield for the purpose5 of company lawl are responsible for preparing the tru5tee5' annual report and financial statement5 in accordance wlth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). li AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) TRUSTEES REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Company law requlres the trustee5 to prepaie ftnanclal statements for each year vthleh 8ive a true and fair view of the state t)f affaSrs of the charitable company and of the Income at)d expenditure ltsr that period. In p￿parIng these 8¢¢ounts. the trustees are requiied to.. select suitable accounting pollcle5 and then apply them consistentlv,. observe the methcds and prlnciples in the Cttarltles SOIIP,. make judgements and estimates that are reasonable and prudent,. stittr whether applicablè UK Accounting Standards have been followed, subject to any materlal departure d15clased and explalned In the account5,' prepare the accounts on the goln8 concern basls unless It Is InapproprSate to presume that the charltable company w511 contlnue in business. The truste¢5 Ire responslble for keepln8 accurate and up to date accountlng records that dlsclose at any tlme the flnancial position of the charltable company and enable them to ensure thal the accounts cornply wlth the Companiès Act 2(JJ6. They ore also re5porisible for safe8uardin8 the •ssets of the chorltable company and hence for takln8 reasonable steps for the prevention detectk+n of fraud and other Irre8ularltles. The trustees •re respon51ble lor the malnlenance and Inte8rlty of the corporate and financial Infomiation Included on the charltable company's webslte. Le8lslatlon In the Unlted Kln8dom 8overnln8 Ihe preparalion nd d155•mlnation of flnaThcSal statements May dllfer fmrn leglsLation In oiherlur15dicElons. Statement as to dlst105ure to our audltor5 In 50 far a5 the trustees are aware at the tlme nl 8pprovln8 our trustees, annual report,, there Is no relevant audll information, beln8 Informatlon needed by the auditor In connectlon wlih preparlng thelr report, of whlch the charlvs auditor Is unaware.. and the trustees havln8 made en4ulTie5 of fellow directors and the chaiW5 audltur on steps that th¢v OU8ht to have individualty tsken, have each taken all steps Ihot helshe is obllged to take as a director In order to make them5efve5 aware ol Ony relevant audlt Informatlon and to e5tablSsh that the audltor Is aware ¢Jf that informatlon. This report has been prepared In accordance ￿th the provlslon5 Sn Part 15 01 thè Companio5 Act 2006 Ippllcable to companies subject to the srno11 companies, ￿61me. 8y order of the Board of Trustees Elalne Adkln c￿1r Sandra Kirwan Chalr 08 November 2021 12 AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) INDEPENDENT AUDITORS. REPORT TOTHE MEMBER5 OF AGE CONCERN ENFIELD Oplnlo We have audited the financial statements of Age Concem Enfleld Ithe 'charitable company'l for the yearended 31 March 2021 which comprise the staternent of AnaThcial actlvlties, the balaiire sheet. the statement of cash flows and note5 to (he financlal stateinewits, including o surnmary of 518nilicant accountin8 policies. The liiianclal reportln8 ffamework ihat has been applipd in their preparatSon Ss appllcable law and United Kingdom Accounting Standards, including Flnancial Reportin8 standard 102 rhe FiFtonci(71 Reporring Standordopplicoble In the UK and Republic OJ Irelond (United Kln8dom Gpnerally Accepted Accountin8 Practlcel. In our oplnion, the Ilnancial slaternent5.' • give a true and lair view of the state of ihe charitable company's affairs as at 31 MaTch 2021 and of it5 income and eKpenditure for the year then ended; • have bpEn properly prepared in accordance wlth United KSn8dom Genefally Accepted Atcountlng Practice: anl • have been prepared In accordance with the requirement5 of ihe Companies Act 2OJ6, Basis for oplnlon We conducted ouraudit Inaccordance wlth Internatlonal Standards on Audltln8 IUKI115As IUKII and appll¢able law. Our re5ponslbilltles under those standards are further described In the Audltor'5 responslbllities for the audSt of the flnanclal statements 52Ction of our report. We are Independent of the charltable Company In •c¢ord8nce wlth the ethlcal requlrements that arp relevant to our audlt of the tlnanclal statements in the UK, includ5n8 the FRC'S Ethlcal Standaid, and we have lulfillgd our other ethlcal responslbllltle5 in accordallce with Ihe5e requlrements. We bElieve that thè audlt evidence we have obtained Is sufficlent and appropriate to provlde a basis for our oplnion. Conclusloni rel)tln8 to ylng concern In audltlng the financial statements, we have concluded thit the trustles, use gf the goln8 concern ba515 of accountln8 in the pfepar•tlon of the flnancl?I statements Is approprl4te. Based on the work we have perlormed, we have not Identlfled any m8terlal uncertalnties relatlnB to events or condltlons that, Indlvldually or collectively, may cast slRnlflcant doubt on the charitable company'5 atiiity to contlnue as a 8oln8 concern for # perlod ol at least twelve months frorn when the flnanLial statements are authorlsed for is54Je. Our responsibl1￿leS and the responsibllities of the trustees wlth fe5pect 10 80ing concern are descrlbed In the relevant 5ectlons of thls report. Other Inforffl•tlon The other information compr15es the informltlon included in the annual report, other than ihe financlal statements and our audltorfs report thereon. The tiustees are responsible for the other Information. Our opinlon on the flnancial statements does not covei the other Inforrnation and we do not express any form ol assurance concluslon ihereon. 13 AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF AGE CONCERN ENFIELD (contlnued) Our responslbility 15 to read the other information and, in doing so, consider whether the other information Is materially incon515tent with the financial statement5 or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material mi5Statements, we are required to determlne whetherthis gives rise to a material misstaternent In the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of th15 Other information, we are required to report that fact. We have nothing to report in this regard. OplnSons on other matters prescribed by the Companles Art 2006 In our opinion, based on the work undertaken in the course of the audlt: the information given in the trustees, report, which includes the directors, report prepared for the purposes of company law, for the flnanclal year for which the financial statements are prepared is consistent with the financial statements; and the directors, report included within the trustees, report has been prepared in accordance with applicable le8al requirements. Matters on which we are requlred to report by exceptlon In the li8ht of the knowledge and understanding of the charltable company and Its environment obtained in the course of the audit, we have not identified material mlsstatements In the dlrectors, report included wSthln the trustees, report. We have nothin8 to report in respect of the following matters in relatlon to whlch the Companles Act 2CM)6 requires us to report to you if, in our opinlon: adequate accountln8 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 wlth the accountin8 records and returns,. or certain disclosures of trustees, remuneration speclfled by law are not made,. or we have not received all the information and explanations we require for our audlt; or the trustees were not entitled to prepare the flnancial statements in accordance with the Small companies reglme and take advantage of the smoll companie5, exemptions in preparing the trustees, report and from the requirement to prepare a strateglc report. Responslbllltles of trustee5 A5 explained more fully in the trustees, responsibilltles statement set out on pages 11 and 12, the trustees Iwho are also the director5 of the charitable company for the purposes of company lawl are responsible for the preparatlon of the financial statements and for being satisfied that they give a true and falr view, and for such Internal contml a5 the trustees determine is necessary to enable the preparatlon of flnancSal statements thal are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responslble for assesslng the company's ability to continue as a going concern, disclosin8, as applicable, matters related to 80in8 concern and using the going concern basis of accounting unle55 the trustees either Intend to liquidate the company or to cease operations, or have no realistic alternatSve but to do so. 14 AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD INDEPENDE1￿ AUDITORS, REPORT TO THE MEMBERS OF AGE CONCERN ENFIELD Audltorfs responslbilltles for the audlt of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mi55tatement, whether due to fraud or error, and to issue an auditor's report that includes our oplnlon. Reasonable assurance is a high level of a55uronce, butls not a Buarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Mlsstatements can arise from fraud or error and are considered materlal If, Individually or in the aggregate, they could reasonably be expected to influence the economic decisions of user5 taken on the basis of these financial statements. Irregularities, includin8 fraué, are instances of non-compliance with law5 and regulations. We design procedure5 in line with our responsibilities, outlined above, to detect material misstatements in respect of irre8ularitie5, including fraud. The extent to which our procedure5 are capable of detecting irregularities, Includlng fraud is detailed below.. The Charltable Company is required to comply with both company law and charity law and, based on our knowledge of it5 activities, we identifled that the le831 requirement to accurately account tor restrlcted funds was of key significance. We gained an understandin8 of how the charltable company complied wlth its le8al and regulatory framework, including the requirement to properly account for restricted funds, through di5CU5sions with management and a revlew of the documented pollcies, procedures and controls. The audit team. which 15 experienced Sn the audit of charStles, consldered the charltable company's susceptib51ity to material misstatement and how fraud may occur. Our considerations included the risk of management overrlde. Our approach was to check that all restricted Income was properly Identlfied and separatety accounted for and to ensure that only valid and approprlate expenditure was chargeé to restricted funds. Thi5 Included reviewinB iournol adjustments and unusual transactions. A further description of our re5pon5ibilltles for the audlt of the financial statementsbs located on the Financial Reportlng Council's webslte at: www.frc.o audltorsres onsibllitie This descrlptlon form5 Part of our auditorf5 report. Use ofour report Thls report Is made solely to the charitable company's members, as a body, In accordance with Chapter 3 of Part 16 of the Companies Act 2￿6. Our audit work has been undertaken, so that we might state to the charitable company's members those matter5 we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permltted by law, we do not accept or a55ume re5ponsibillty to anyone other than the charitable company and the charitable company's members as a body, for our èudlt work, for this report or for the opinions we have formed. 18111121 Simon Goodrldge (Senior Statutory Auditor) For and on behalf of Knox Cropper LLP, Statutory Auditor and Chartered Accountants 65 Leadenhall Street London EC3A 2AD Is AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 31 MARCH 2021 Rert4tO1 Total Funds 2011 UnreJtrkt•d lundi R•sttlLI fuNJs Fufvd 202L IIKOM114G AP4D ENDOWMENTS FROM: Oon4iioDi •Thd ￿ltIeS cha￿¥blE art1￿111•$ Gr•nt5 •nd (ontrècis iecelvablè 46.775 45,775 673,713 415,276 199,710 873.493 415,276 653,72 GJ9.25 oihr tr•thni aÉt1vltl￿'. Fundrisln Ih¥eJlTn•nti 33 280 288 88 Toiil ltheom• Ind •ndowm•nii 199,710 I,JJ2,94 EXPEP4DITUAe ON- Costof rolxlnylunds Kaljini funds ChoritoblÉ octlvltl¢s •né Supporl Servlce5 PrLivoThfion and Wellbeini Servlces 17,3981 17,6551 112.007 1538,2211 1478.5871 1629.6ZII 1587.2761 1715,303 1536,99É 1109,6891 Yu¢•l Mourc•s •xp•nd•d 11,224.5511 11,104,106 N•t lThwrn•ll•xp•ndltMr• Tr4nsfers betw2en lund5 111,14d 37,550 (J671 137,5501 111,27• 14 N•t Ilftcom*ll•ip•nthur•lbtloi• uthiv r•M6nts•d4iln5 •nd10sMI Dlh•i f•co8nlMd iaths •ffjd losi•• AtiuaT1al Ibssl/8aln on pen>knn scheme •,J96 111,17• 12 12,OLhJl 12,Q)01 78,0 N•1 m¢w•mqrt Infvnds R•¢anclllatloA ol lun Total fund5 brwihi IvpwarLI iOl,279 404 317,46F 44,364 361,831 r￿•1 fvnds¢•ryhd lon¥•id 461AfjJ 4247 471.110 361M3 The note5 on paues 19 to 34 lorrn in Inteiral yrt of fir4nci•l state￿￿￿t5. 16 AGE CONCERN ENFIELD (OPERATING AS AGE LIK ENFIELDI BALANCE SHEET AS AT 31 MARCH 2021 2021 FIXED A5SET5 Ton81￿e •55ets 3,920 $,920 4,547 4,547 URRENT ASSET5 Oebtois io 78,409 113,636 416,710 82,290 lJ3.491 215.oy Short tÉrm deposlti C•sh •1 bdnk and In hind 621755 420,115 Cr•dltoti,' irnDUfti 14llni du•wllhln on•y••r 1147,5651 NET CURRt14T ￿sIT5 1.190 469,104 TOTAI A55ET5 IESSCURRE14TUAOIUTIIS 185,110 37J.611 D•lln•l b•n•fft p•nilon i¢hqm• LI￿tt¥ 12 114,WOI NEV ASSETS 47A.tI• FUNOS 44B,&63 114,000 329,467 112,fthl1 P¢rtlon r¢Aerve 12 434,861 317,467 D•s*naié< Fund5 Reitrlctedfucts 14 30.oao 4,364 TOTAL FUNDS 14 471,110 notes on w$e5 l9 to 34 form an INe8141 p•rt ofthq$4 Ilnanckl Its￿Me￿Il. These lihan¢i•l statement5 were approved dfid ju￿rIsed Ind sliTred on or tsiui tylhu b￿rd oftlU5W•i ￿ 08 t10￿mb•r 202L Elllne Adkln Cocholr Sand[J￿r4¥¥r+ ÉD¥•r Kannur Compjnv R¥iistration Numbef. J352062 IEwland and Wiles1 17 AGE CONCERN ENFIELD IOPERATING AS AGE UK ENFIELD) Statement of Cash Flows for the year ending 31 March 2021 Note 2021 2020 Cash u$ed In operatln8 actlvltles: 16.1 Netcosh provlded by operoting urtivities 208,569 153.075 Cash fl¢Nvs from Investln8 actlvltles Interest income 3,252 3,889 Net ash used In Investlni •ctlvltl•s 3,252 3W9 Increase Idecreas•} In cash •nd equlvalents In the year 211,821 156,967 Cash and cash equl¥al•nts •t the be8lnnlni of th• ￿•r 16.2 338,525 181,558 Total cayh and cish •qul¥al•nts at the end of the year 550.346 338.52S 18 AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accountlng polkles 1.1 Atcounting Conventlon The financial statements are prepared In accordance wlth the Statement of Recommended Practice.. Accounting and reportin8 by charilie5 ISORP FR5 102 second editlon- effecllve I january 20191. appllcable accountin8 Standaids and the Companies Act 2￿6. The financial 5tatement5 are presented In Sterllng 1£). 1.2 Gvlng Concern 18 months on from the first lockdown the SMT and current trustees have worked hard to mltlgate the overall impad of the COVID-19 pandemic on both it5 income and expentliture and are conflilent about the charlty's vlability Sn the near future and therefore consider that there are no material ￿n￿rtaintieS about the Charlty's ability to continue as a going concern. 1.3 Donatlon5 Voluntary income is received by way of donation5, legacie5 and 8ifts and is included In full In the SOFA when recelvable. The value of servlces provlded by volunleers has not been Included In the accounts. IA fjrants, Contracts and other Income Grants and contracts are recognised in full in the SOFA when receivable. Other incoming resources are Included In the SOFA when recelvable. 1.5 Resour¢es expended All expenditure is accounted for on an accruals basis and 15 inclusive of VAT. Expendlture has been classlfled und actlvitle5 which allocate all costs related to the actlvlty Induding the c05t of managin8 and administering the activity. The cost of managlng and adminlsterinB the actlvlty (support costl Is an Indlrect cost and Is allocated to the acllvlty based on dlrecl servSce ¢￿t5 Incurred on that activlty. As a 8rowln8 organlsatlon we have revlewed our prevlou5 Resources cate8orisatlons on the face of the Sofa and Dur notes and have grouped them under two charltable actlvltles to better reflect the current Structure of our or8anisalion. Governance cost5 Include those cost5 associated with meetln8 theconstitutlonal and statutory requlrements of the charitv and Include audlt fees and costs Ilnked to the strate8lc management of the charltv. 1.6 Fund accountln8 Resiricted funds are grant5 and contracts. donations and other incornin8 re50urce5, which are lo be used lor specSfic purposes as laid down by the donor. EKpendlture whlch meets these criterla Is char8ed to the fund. In the event that followlnB the completion of the 5peclfic purpose for whlch the funds had been recelved there are lunds femalnln8 unspent, the orlginal donor of the funds 15 contacted. Following discussions with the donorthe fund5 are returned, or with the donor's consent either retained and transferred lo unlestrlcted funds or used for slmilar purposes on another project. Unrestricted funds are grants and contract5, donation5 and other incoming resources recelvable for the objects of the charlty without further speclfSed purpose and are available a5 general funds. Designated funds are unrestricted funds earmarked by the tru5tee5 for particular purpr)5es. 1.7 FSxed ass￿5 Fixed assets are stated al c05t le55 accumulated depreclatlon. The cost of monor addltions or those costlng below £1,000 are not capitalised. DepTeclatlon Is provlded at rates calculated to wrlte off the cost of each asseL less ifs esllmated resldual value, over the useful economic life ol that asset as follows.. Furniture and other equipmen1= 20% reducing balance 19 AGE CONCERN ENFIELD (OPERATING AS AGE UK ENFIELD) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 1.8 OperatlnB leases Rentals payable under operating leases are charged to ihe SOFA as Sncurred over the term of the lease. 1.9 Penslon cosls The company particlpates In the Age Concern 5ertlon of the Age UK Retlrement Beneflts scheme. whlch Is a multl- ernployer defined benefit Scheme. The company also operates a deflned contrlbution pension scheme. Both schemes are accoktnted for in accordance with FRS 102 and descrlbed In more detail In note 12. Inrimne from donatlons and legacles Unrestrlcted funds Restrlcted funds Total 2021 Tot•1 2020 Donatlons and Blft ald donatlons Le8acles Trading distributlon donated Membershlp fèes 35,483 35.483 I,oc 9,548 744 18,124 9,S48 744 7,217 969 46.77S 46.775 26.310 3 Income from FOR THE YEAR ENDED 31 MARCH 2021 Defined benefit Icontlnuedl Changesto the present value of the defined beneflt obll8ation durln8 the year 2021 2020 E'oc 1,790 Openlng def*nèd benefit obll8ation IDBOI Current service cost Interest expense on D80 Contributions by Scheme member5 Acturlal Igain511105ses on scheme Ilabllltles Net benefits paid out Past servlce cost Ilncl.curtailmentsl Net increase In liabilltie5 from disposalslacqulsltlons Settlements C105in8 fair value of Scheme assets 1.704 37 42 1761 1521 1531 1,836 1,704 Ch•n8es to the falrvalue of scheme •ssets durln8 the ye•r 2021 2020 £'cK)o 1,700 41 1311 43 Openlng fair value of kheme assets Interest Income on Scheme a55e15 Galnlllossl on Scheme assets Contributions by the employer Contrlbutlon5 by Scheme member5 Net beneflts pald out Adminlstratlon costs Incurred Net Increase In assets from dlsposalslacquisltions Settlements Closing fair value of scheme asset5 1,692 37 134 22 1531 iioi 1521 1,822 1,692 A¢tual relurn on Scheme asseti 2021 2020 £.￿0 41 31 io Interest income on Scheme asset5 Galnlllossl on Scheme assets Actual return on Scheme assets 37 134 171 30 AGE CONCERN ENFIELD (TRADING AS AGE UK ENFIELD) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 IY Analysls ol net assets b•tw••n funds 2021 Unrestrlcted funds Restrlcted funds Total Funds Tangible fixed assets Current assets Current Ilabllitles Oefined benefit pension liability 3,920 622,508 1147,5651 114,0001 3.920 628,755 1147,5651 114,0001 6,247 Net 4Mets •t 31 March 2021 464,863 6,247 471,110 Analysls of iroup n•t a55•15 between fund5 20ZO Unr¢sirl¢ted funds Rvtrlcl¢d funds Totol Funds Tan8ible flxed assets Current assets 4,547 376,451 151,5311 112,QJOI 4,547 420,815 ISl,S311 112,frJOI 44,364 Defined benefit penslon Ilabllitv Nei amets at 31 Mar¢h 2020 317,467 44,364 361,831 31 AGE CONCERN ENFIELD (TRADING AS AGE UK ENFIELD) NOTESTOTHE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 14 Statement of funds Ati Aprll 2020 At31 March 2021 Income EMpendSture Transfers UnrestfScted funds General fund Designated funds Defined beneflt penslon liablllty 329,467 1,106.052 30,OJO 11,024,206) 37,550 448.863 30,000 112,OC#)I 317,4fj7 12,0001 11,026,206) 114.0001 464,863 1,136,052 37,550 Rertrlcted funds H8ilthy Uvlng S•rvlw4 Olgltsl Connectlons Fit for Life Carers Fitness Group 23,692 58,796 123.6921 158,7961 38,117 6,247 138,1171 6,247 C•re SupportS•r¥lc•i Communlty support Servlces Day care Servlces Covld-19 appeal The Armed Forces Trust Informatlon Servlces 48,744 42,673 148,7441 142,7311 58 9,568 16,307 19.6161 116,7681 48 461 Total re￿rIcted fund5 44.364 199,780 1200,3471 137,5501 6,247 Total funds 361031 1,335032 11,226,5531 471,110 The General fund represents the unrestricted funds of the Charity that are not desl8nated for partlcular purp05es. De51 nated funds.. A deslgnated fund wa5 created to rneet the Ilkely upcomln8 Ilabllltle5 attached to the management and malntenance of the Parker center once the lease with the local authorlty has been hnallsed. The C•rers Fltness Group fund5 encoufa8e healthy lifestyles by resplte to carers and enourge them to be actlve. rkted funds iransf The Fit For Life 8ig Lottery fundlng covered the perlod from 2012-2020. Following the completlon of the prolect funded by the Bl8 Lottery the income and expenditure across the whole period has been reconciled and the transfer represents a reimbursement of Unrestrlcted funds for restrlcted project expendllure whlch had been historically charged to Unrestricted Funds 32 AGE CONCERN ENFIELD (TRADING AS AGE UK ENFIELD) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Statement of funds Icomparatlvel At l Apr51 2019 Income EKpendlture Transfers I pension xheme mo¥ernerrt At 31 M•rch 2020 Unrestrlcted fund$ General fund Defined benefit ppnsion Ilabilitv 273,920 190,0001 1,245,110 11,184,082) 78.(IXJ 15.4811 329,467 112,0001 183.920 1,245,110 11,106,082) {58811 317.467 Restfl¢ted funds 25,023 6,247 63,096 150,0021 38,117 6,247 Carers 'fltne55 Group Care support 50rvlce5 Footcare 24,741 130,2221 5,481 Total restrlcted fund5 31,270 87,837 180,2241 5,481 44,364 Total funds 215,190 1,332,947 11,186,306) 361,831 Unre5tfl¢ted lunds: The Gener•1 fund represents the unrestrl¢ted funds of the Charlty that are not deslgnated for partlcular purposes. Re5lrlcted funds: Healthy Ll¥ln8 Ser¥ke5'. The Frt for Ul• fund5 encoura8e healthy lifestyles to enable older people to age well. Care Support Ser¥ke5 The Home from Hospllal fund is to support and assist older people on retum from hospltal. The Footcare fund is to provide footcare servlce5 for older people. The Home Support Network fund helps older people Ilve Independently by enablln8 them to access Informatlon, advlce, support and practical help. IS Related party There were no related party transactions durin8 the year or prior year12020'.nill 33 AGE CONCERN ENFIELD (TRADING AS AGE UK ENFIELD) NOTESTO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 16 Statement of Cash Flows Reconcllation of net income/lexpendlture} to net 16.1 (ash flow from operatlng actlvltles Current Year Prlor Year Net Incomellexpendlturel for the reportinB period las per the statement of flnJnclal actlvFtle51 Adjustments for.. Depreclation charBes Dlvldends. Interest and rents frorn Investments Ilncreasel/de¢rease In debtor5 Increaselldecreasel In CTedltor5 111,279 68,641 627 13,2521 3.881 96,034 2.519 13,8891 69,245 16,559 Net cosh provlded by lused Inj operatlnq uctlvltles 208,569 153,075 16.2 Analysls of cash and cash equS¥alents Current Year Prlor Year Cash in hand Notlce deposlls Iless than 3 months) 426,710 123,636 21S,034 123,491 Total ¢ash and Cash equlvalents 550,346 338,525 17 Impact olCovld-19 Pandemlc The COVID-19 outbreak Sn early 2020 and the subsequent events ha5 the potentlal to have a long-term Impact on the harlty's Incomlng fund5 and re50urce5 expended in the comlng years. as well as on the falr value of the charity's assets and Ilablllties. However, the Trustees havin8 consSdered the rlsks laced by the charity as well as the opportunitie5 for growth the pandemic offered, are confldent that li has sufficient plans, reserve5 and flexlbllity to ensure that It Can Continue to expand and dellver Its essentlal services for the foreseeable future. 2020121 wa5 a year that brought In many challenges but a150 offered the charlty the opportunity to Increase Its vlslbllity In the borough, to work ¢105ety with the local government and local CCG, to better serve and support Its cllents and thelr familie5. 34 AGE CONCERN ENFIELD (TRADING AS AGE UK ENFIELD) ACKNOWLEDGEMENT We would Ilke to thank the following funders for their support during 2020121 that has enabled us to maintain our valuable well established Se￿Ice5, supported us to adapt those seNices to meet the challenges of the pandemic and increased client needs a5 well as develop new and innovatlve seNices to meet emerging needs. Our funders are: London Borough of Enfseld Enfleld Cllnical Commissioning Group The Julia and Hans Rausing Trust Charity Survival Fund City Bridge Trust Arrned Force5 Covenant Fund Trust Transport for London & The London Marathon Trust Age UK Natlonal Awards for All Natlonal Lottery Age UK London Speclal Reserve fund Charity Aid Foundatlon ICAFI Re511ience Fund London Funders Wave 2- City Bridge Trust 35