l EnField
ageuK
Annual Report
2024 / 2025
Age UK Enfield
A Company Llmlted by Guarantee
Trustee5' Report and Flnancial Statements
For the year ended 31 March 2025
Company Reglstratlon Number 3352062 (England and Wales)
Charity Registration Number 1063696 (England and Wales)

REFERENCE AND ADMINISTRATIVE INFORMATION
Company reglstratlon number
Charlty reglstration number
Governing document
3352062 {England and Wales)
1063696 (England and Wales)
Articles of Association
Trustees
Elaine Adkin
Alison de Metz
Beryl De Souza
Nicola Hyde
Nicolas Kee Mew
Annie Smol (resigned 31 December 20241
Michael Zacharia
Joseph Harley
Mari Edwards {resi8ned 13 September 2024}
Rachel Howard (appointed 5 August 20241
Matt Boucher {appolnted 16 Aril 2025)
Aviva Trup {appointed 18 June 20251
Bahee Ponnappah (appointed 27 July 2025)
Company Secretary
Kaya Taylor (resigned 25 April 20241
Joy Watkins (appointed 7 May 2024)
Senior Mana8ement team
Peter Glass (resigned 30 August 2024)
Lesley King Lewis {appointed 19 August 2024/ resigned
22 October 20251
Alison Carter Albert
Venetta Hunt
Joy Watklns
Helen Oliver {appointed 15 September 2025}
Re8lstered offlce
Age UK Enfield
John Jackson Llbrary
35 Agricola Place
Bush Hill Park
Enfleld
ENI IDW
Independent audltors
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
Chairs, Introduction
Trustees, report
2-14
Independent audltor's report
15-18
Statement of financial activities
19
Balance sheet
20
Statements of Cash Flows
21
Notes to the f inanclal statements
22 -38
Acknowled8ement
39

AGE UK ENFIELD
Chalrs, Introduction
The year started a5 the last ended with the economic environment placing continued pressure
on the infrastructure and finances of both the NHS and Enfield Council. This in turn, placed
continued growing demand for and on all our services, especially our Information and Advice
Service. Despite this, we helped secure over £lmillion in welfare benefits and have provided
advice to over 13,000 resident5 during the year. Similarly, demand for places at our Parker Day
Centre, the only dementia day care centre in Enfield, was high. However, in this instance,
funding issues around the repair of the lift prevented us from being able to respond. Despite
this, the care and compa55ion shown by our wonderful Parker Centre team under difficult
circumstances was exemplary- they think about the needs of our client5 and go out of their
way to look after them, entertain them and make them laughl Our focus on finding an
alternative location for the Centre- more of which later- is paramount.
Significant efforts have improved the efficiency of our home care services while maintaining
its high standards of care. We extended our outreach to untapped areas of the Borough, and
this saw a noteworthy uptake of new clients to a service which is a major source of revenue
for us.
Our Prevention Services continued to deliver thelr carefully structured, practical and fun
programme of activities and events improving the health and well-belng of Enfield's older
communlty
truly reflecting our mission to Improve their lives by ensuring they are
valued, active, connected and able to live the life they choose. The Men In Sheds project never
ceases to amaze- whatever the weather, they come and create itern5 such as planters, candle
holders and even a bench among other things which produce much valued donations. There
is a real camaraderie and obvious benefit and support among those attending.
As touched upon, this year has seen discussions With Enfield Council commence on securing a
lease for a new location the Rose Taylor Centre - for our dementia daycare service and we
anticipate this will be concluded mid-summer in time for an Autumn move. We are indebted
to Forster's who are providing much appreciated and valuable legal advice pro-bono.
The year ahead will naturally also be focused on securing the necessary funding and contlnuing
to maintaln the financial resilience for the move.
Peter Glass our CEO resigned in August 2024, and Lesley Klng-Lewis joined us as our interim
CEO. Hervast experience and commitment have been extraordinary, and the Board and I thank
her. Similarly, none of this year's achievements would be possible without the amazing
dedication and commitment of our people - staff and volunteers- thank you I
In preparing this I was Struck by the thought thatthrough every challenge, ourfocus on people,
those we serve and those we work alongside, has never wavered. I think that's quite arnazing
and a great approach to take through to next year.
Elaine Adkln, Chalr. Board of Trustees

AGE UK ENFIELD
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Charitws mission and purpose
The trustees present their report and financial statements of the charity for the year ended 31
March 2025.
The trustees have complied with the duty to have due regard to guidance issued by the Charity
Commission and have adopted the Statement of Recommended Practice (SORP FRS 102
second edition), which was effective from l January 2019.
Our purpose
The charity's objects I'the objects,) are speciflcally restricted to promoting the following
purposes for the benefit of the public and older people in and around the London Borough of
Enfield {the 'area of benefit'} regardless of ethnic origin, gender, marital status, disability,
sexual orientatlon or religious belief:
l. Preventing or relieving the poverty of older people
2. Advancing education for older people
3. Preventing or relieving sickness, disease or sufferlng in older people (whether
emotional, mental or physical}
4. Promoting equality and diversity in relatlon to older people
5. promoting the human rights of older people in accordance with the Universal
Declaration of Human Rights;
6. Assisting older people in need by reason of ill health, disability, financial hardship.
social exclusion or other disadvantage
7. Such other charitable purposes for the benefit of older people as the board may from
time to time decide, the outcome of this being the promotion of wellbeing of older
people.
Structure, Governance and Management
Governing document
The organisation is a charitable company limited by guarantee, incorporated on 14 April 1997
and registered as a charity on 30 July 1997. The charitable company formed in 1997 as Age
Concern Enfield took on the assets and liabilities of a previous unincorporated charity. The
company changed its name to Age UK Enfield on 15 February 2023. The company was
established under a Memorandum of Association which defined the objetts 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 exceeding £1.

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Public Benefit
The Trustees confirm that they referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the Charity's aims and objectives. They
consider that the activities carried out, summarised in the Activities & Achievements section
of this report below, provide benefit to the community.
Actlvlties & Achlevements
Age UK Enfield's services are organised in two categories: Prevention and Wellbeing Services,
and Care and Support Services. As an organi5ation we continue to work hard to ensure there
are clear pathways and referr31 routes across our services, streamlining to ensure a smooth
experience for our clients. We have been improving our recording, reporting and monitoring
to ensure we can evidence the work that we have been doing.
We have adapted to new ways of working, improving our technology to better enable home
working, being flexible and taking Innovative and creative approaches to the ever-changing
range of guidelines and requlrements that we follow.
Age UK Enfield provides the following servlces:
Preventlon and Wellbeing Serv5ces
Falls prevention
Memory service
Frailty services
ican
Enfield Wellbeing Network
Later Life Planning
Information and Advice
Digital Inclusion
Men's Sheds
Fit for life
Care and Support Services
Home care
Day care
Home from Hospital

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Prevention and Wellbeing Services
Falls Prevention.
Our Fall Stop, falls prevention service, provides a range of information, exercise and activity
sessions for people who have fallen or are at risk of falling.
Referrals to Fall Stop Service are consistent with the previous yearfs trends, with 196 people
referred, we are still exceeding our target. Our Falls Lead has worked hard to develop a good
relationship with community therapies and St Michaels.
Demand to attend the classes is high. We increased our classes in Q4 from 6 a week to 7 across
three locations. We have continued to develop Movement as Medicine taster sessions
delivered within Albany Leisure Centre and developed a new Strength Training class.
The number of attendees increased again during 24125 with 4,330 attendances. There appears
to be a consistent trend of people wanting to improve their strength, coordination, and
balance. People attending also appear to want to make this a habit and stay on beyond the
12-week sessions.
It was a seamless experience,. we called the main number and were told Sophie would contact
us. She booked an appointment for an assessment, and we agreed Mum would attend St
Peter's as closest to her. Sophie also helped u5 Wlth acce55ing Dial a Ride to get mum out and
obout. Mum loves Walter's closses and her newfriends
Memory Service
Referrals for post diagnostic dementia support are consistent and reflect the local picture. In
2024/2025 392 Enfield residents were referred for support. Partnership work with Enfield
Memory Service remains good and we have continued to attend Cognitive Stimulation Therapy
(CST) groups to meet new patients. Our staff members have attended training to deliver CST,
and we are workin8 on a proposal to deliver maintenance CST within the community
In 2024/25 888 individuals attended Memory Meet Up sessions. The fortnightly sessions are
incredibly popular and well attended and we offer a range of dementia-friendly activities and
guest speakers from across the sector. We have increased our speakers from dementia
research projects and technological offers this year. People have also benefited from attending
group outings and strengthened their supportive networks
-1 cannot f8ult the service AUKE has provided. I was referred by Enfield Memory Service 8nd then
contacted by Sophia, who visited us at home. Sophia invited us to attend both Social Singing and
Memory Meet Up where we h8ve met morepeople with dementla and theircarers. which has been
helpful"

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Frallty Service
In 2024/25 we received 524 referrals for Health & Wellbeing services. The demand on services
remain5 con5iStent. People sought help to relieve pressure of rising costs.
Referra15 are made from a variety of sources including Social Prescribers, health profe55ionals
and self-referrals. Health & Wellbeing navigators support people with applications for welfare
benefits to boost income, help with applying for travel concessions to enable people to access
community activities and health awareness support, to improve their understanding of their
health conditions.
Our sustained funding increase has enabled us to continue our work at North Middlesex Care
of the Elderly wards. During 2024125 our team of navigators worked with 213 people.
Throughout 2024/25 we continued to deliver Social Singing, delivering 12 sessions to 520
people. We ended the year on a high, with The Big Choir delivering the final session to over 60
attendees. There is an even split of genders attending the session, with a high proportion of
people attending who identify as carers for their family members.
ican
ican service is a consortium led by Age UK Enfield with Attend, Alpha Care and Enfield Carers
Centre. We provide one to one support to adults over 18 to help them understand health
condition5 and how to live well independently within the community.
In 2024/25, we received 685 referrals for one-to-one support with a navigator. A further 1,915
people attended our monthly group activities. This was our final year of delivering this service.
We delivered 5 large public events between April 2024 and March 2025 and had 538 people
attending. ican has been an Incredibly successful project which has developed long lasting
partnerships with other community groups and or8anisations.
Enfield Wellbeing Network
EWN is a consortium led by Mind in Enfield and Barnet to improve the lives of local people and
help them to set goals and try new activities. 202412025 wa5 the final full year of delivering
with the contract ending in May 2025. We supported 206 people with one-to-one support and
held 32 events that encourage people to improve nutrition, live on food budget, creative
writing, and journalling. As well as the popular monthly Menopause Meet Up we developed a
Men's Wellbeing group at Pymmes Park.

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Planning for Later Life
For people over 50 and their families, ourfree Planning for Later Life awareness sessions cover
a range of topics including: making a will, power of attorney, advanced statements / decisions,
and bereavement services. We also offer l-l individually tailored support for people with life-
limiting conditions.
2024/25 was our final year of delivering this as part of the London Borough of Enfield contract
led by Community Barnet, we have continued to incorporate Later Life Planning into all our
services and talks at public events. The Later Life Adviser also saw 62 individuals for one-to-
one sessions during this period.
Information. Advice and Advocacy
The Information, Advice and Advocacy Service can support and enable anyone over
pensionable age, and who is a resident of Enfield, to:
maximise their income through welfare benefit checks.
claim benefits.
apply for travel concessions.
Our IA and navigation team members continue to work hard to sustain our Quality Assurance
Standard IQASI and Advice Standard Qualification. It is to be noted that only AUKE and Citizens
Advice Enfield hold these qualifications and was recognised during the retendering process.
In 2024/25, 3,012 people contacted AUKE for advice through customer services, with over
7,800 contacts made to help resolve their enquiries. 644 people received ongoing IA complex
case support from our services. In 2024/25 we raised £1,063,836.85 for local residents in
welfare benefits with the support of our team.
Digital Inclusion
There was no funding during 2024/25 for this service, so we developed a new initiative to
manage interest in digital inclusion, whilst applying for funding. From September Digital
Champions delivered Tech Tuesdays at Dugdale Centre as part of a new offer.
Our Digital Champions saw 26 individuals for one-to-one sUPPOrt at Dugdale. We also
delivered awareness at ICAN event to 120 participants, with a survey scoping needs and
planning actions.
Men's Sheds
We were funded by North London Waste Authority during 202412025. Sheds continue to
encourage participants to learn new skills and create items from recycled materials. We

AGE UK ENFIELD
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
celebrated our 2nd Birthday and invited friends and family members to attend where we had
50 people join us. Throughout the year we held 100 sessions with 1,306 people attending.
Amongst our projects we created planters and a bench for Eco House in Edmonton and raised
income from hosting two stalls in Enfield Charter Market.
Flt for Llfe
The City Bridge Trust funded the Fit for Life {FFL} projett provide5 a series of exercise and
fitness classes for people over 50. Classes take place at a range of community venues across
the borough, as well as walks of varying lengths in local parks suitable for all abilities.
Our programme had 21 group exercise classes, from beginners to intermediates. We also offer
6 weekly walks in town and country parks and a monthly quiz. Our popular summer cycling
project in Bush Hill Park, funded by Groundwork London and TFL, continued with record
numbers. In total, we had 12,557 attendances at classes, walks and cycling sessions.
Care and Support Services
Our Care Servlces provide sustained support for vulnerable individuals wlthln the Borough,
dellverlng long-term, regular assistance.
Day Care
The Parker Centre, located in Edmonton, functions as a specialist day care facility for
Individuals aged 50 and over who are living with dementia at various stages. Attendees
participate in a variety of organised activities, such as reminiscence sessions, chair-based
exercises, arts and crafts, among others. The centre ensures the provision of nutritious, freshly
prepared meals and refreshments throughout the day.
In the 2024125 period, 110 people attended the day centre, resulting in 8,984 total visits, 7,578
hot meals served, and 6.450 return transportjourneys provided.
During December, we hosted two Chrlstmas events for clients and their families, each
attended by 80 8ue5ts.
Additional ongoing activities included biweekly sesslons with Jazanne Arts and Chicken Shed,
as well as weekly seated exercise, yoga, and hip hop exercise classes. Furthermore, excursions
to Lee Valley White Water Centre offered opportunities for clients to experience outdoor
environments, which was greatly enjoyed by both clients and staff. Plans are in place to further
facilitate access to green spaces in the coming year.

AGE UK ENFIELD
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Home Care and Home from Hospltal
Home Care delivers a comprehensive suite of sen4ices within individuals, homes, empowering
them to maintain independent living. These services encompass stimulating activities.
personal care, medication assistance. accompaniment to appointments, shopping
arrangements, respite care for carers, various household tasks, and social outings.
Over the past year, there was a strategic focus on expanding service hours. We 5UPPOrted 113
individuals through our home care programme, providing a total of 15,271 hours of care, which
includes 386 hours under the Home from Hospital service-representing a doubling of service
delivery compared to the previous twelve months.

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Board of Trustees
In accordance with the Articles of Association, the Company has a Board. Under the
requirements of the Articles of the Company, the members of the Board are elected to senie
for a period of three years from the date of their election and are eligible for re-election to
service for a maximum of nine years. The members of the Board are the Company's Directors
for the purpose of company law and Trustees of the Charity for the purp05e5 of charity law.
In accordance with the Articles, the Board consists of a minimum of five trustees and a
maximum of fifteen, to be elected by the members at a General Meeting or appointed
to fill a casual vacancy or co-opted.
The Honorary Officers {Vice Chair and Treasurer) are appointed by the Board from
amongst the trustees in accordance with the Article5.
The Board meets approximately every three months to review the financial position of the
charity, its funding, operational performance and major risks and mitigating actions. The Board
also agree major areas of policy and the strategic direction of the Charity.
The Board has three formal sub-committees to which certain management responsibilities
have been delegated. The Board from time to time also forms working groups which consist
of a combination of staff and trustees e.g. Parker Centre or Constitution Review Group. These
working groups have a very specific remit and report to the Board.
Member5 of the Board who served during the financial year and up to the date of approval of
the annual report were as follows:
Director / Trustee
Elaine Adkin
Nicola Hyde
Nicolas Kee Mew
Ali50n de Metz
Anne Smol
Beryl De Souza
Michael Zacharia
Mari Clwyd Edwards
Joseph Daniel Harley
Rachel Howard
Matt Boucher
Aviva Trup
Bahee Ponnappah
Appointment Date
08/12/2020
08/12/2021
26105/2021
08/1212021
26/0512021
16/0212017
0811212021
19107/2023
26/04/2023
05/0812024
16/0412025
18/0612025
2710712025
Reslgnatlon Date
3111212024
13/0912024

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Attendance at Board meetings during the year to 31 March 2025
Director / Trustee
Number
Board
meetinES attended (4 In
year)
4/4
414
3/4
414
212
3/4
4/4
1/1
314
213
Elaine Adkin
Nicola Hyde
Nicolas Kee Mew
Alison de Metz
Anne Smol
Beryl De Souza
Michael Zacharia
Mari Clwyd Edwards
Joseph Daniel Harlev
Rachel Howard
Governance
The Board ensures that the composition and the breadth of experience are sufficient for it to
discharge it5 responsibilities. To these ends the Board regularly reviews its composition and
where nece55ary identifies suitable people to strengthen its skills and experience.
Induction
Prospective trustees are invited to meet the Chair, designated Trustees and the Chief Executive
for informal interviews. At these interviews the duties and responsibilities of trustees, and the
amount of commitmentto the organisation required are fully discussed and suitable literature
is provided to them. If the prospective trustee is approved by the designated Trustees and
Chair they are invited to attend a Board meeting, before a flnal decision is made by the
individual and the Board,
Tralnin8
Each joining trustee is allocated a mentor and furnished with an induction pack. This includes
several documents which are listed below and include the responsibilities and dutie5 of
honorary officers and trustees.
Guidance on the nomination of Honorary Officers and Trustees/Directors;
An Information pack on Roles and Responsibilities;
Role description for Trustee.
Role descriptions for each of the Honorary Officers.
Changes in charity law and compliance with company regulations are notified to the
trustees at their regular meetings;
The latest Annual Report.
io

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Charity also operates internal training and all Trustees are required to complete a series
of training modules. Training records are held that details courses completed and dates.
Financial Review
Total incoming resources were £1,981,904 {2024: £1,939,951) for the year and expenditure
amounted to £1,972,672 (2024: £1.839,381) resulting in a net surplus of £9,232. There was an
actuarial ("below the line") surplus on the final salary pension scheme of £94,000. The final
salary pension scheme is with national Age UK and was closed to staff several years ago. The
scheme is currently in surplus, but Age UK Enfield is contributing over £43,000 per annum as
part of the plan to maintain this surplus. See Note 12.
Significant Contracts
The Charity has significant contractual relationships with the London Borough of Enfield Social
Services and Enfield Clinical Commlsslonlng Group which provide a significant proportion of
the Charity's funding. Contract income of £613,781 was received in the year ended 31 March
2025 to support the provision of services for older people.
Reserves Pollry
As of 31 March 2025, the charity held free reserves of £419,080. Free reserves are unrestricted
general funds not tied up in fixed a55ets, restricted or designated funds.
Free reserves are held to ensure the continuity of care to older people, given the relative
uncertainty of future project funding and to protect the long-term viability of the Charity. The
medium-term financial strategy requires three to six months reserves to cover income
volatility and short-term working capital requirements, meaning minimum reserves of
£450,000. The current resepie5 are in line with that target.
Investment Pollcy
Funds not immediately required by the charity for Its charitable activities are invested in short
term interest yieldin8 bank deposit accounts at the prevailing market rates of interest.
li

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Risk Management
The Board regularly review5 the risks to the organisation, ensuring proper systems and
procedures are in place to manage these risks. Key risks considered during the year include:
Premises arran
ements
Risk assessments were regularly undertaken of The Parker Centre to ensure the safety of both
client5 and our staff. There were a number of area5 which have raised concern during the
year including the lift not being in operation and the risk to staff having to climb stairs whilst
carrying hot food. The Centre has outlived its purpose and discussions are in play regarding
the leasing of a purpose-built day centre which we hope to have completed by late Summer
of 2025.
There are also plans In place for the closure of a number of libraries in the borough. The John
Jackson library, from where we run a number of services, is one of them. The plan is to move
staff from the library to the purpose built day care centre.
Inabilit to
enerate sufflclent income to meet our ob"ectives and dellver our services
We continue to explore opportunities to diversify our income and consider all relevant
opportunities to generate income that will further our objectives. Shortly after the end of the
financial year our contracts with Enfield Council for the provision of Prevention Services will
end. We are working on retendering as lead provider on one contract and as a subcontractor
on a second contract. We believe we will be successful in both. The Board has also recognised
that we need to develop fundraising as part of our business model and we are exploring ways
to generate income from fundraising activity.
Insufficient reserves to withstand a downturn in activit
Whilst we have improved our overall reserves position over the course of the financial year,
our unrestricted reserves balance has reduced as we have designated some funds for
relocation. We always aim to maintain a level of reserves consistent with our Reserves Policy,
but this remains a challenge in the current operating environment. The need to move to new
premises will also put additional pressure on c05t5.
12

AGE UK ENFIELD
TRUSTEES REPORT ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Plans for Future Periods
The current organisational strategy from 2022 up to 2025 was extended last year. We are
currently recruiting for a new Chief Executive and one of their key tasks will be to develop a
new 3-year strategy from April 2026. In the meantime, the plan to move to our new premises
provides scope to increase capacity and income from our day care service and provides
opportunities for hiring out rooms and delivering other activities.
We are also increasing marketing of our home care services.
Golng Concern
The financial trend has been positive with increased income during the reporting period, and
a recorded a surplus. Therefore, after reviewing the charity's initial forecasts and projections
and its strategy for growth, the directors have reasonable expectations that the charity has
adequate resources to continue in operational existence for the foreseeable future. The
charity therefore continues to adopt the going concern basis In preparing it5 financial
Statements.
Trustees. responslbllltles In relatlon to the flnancial statements
The trustees (who are also the directors of the charitable company for the purposes of
company lawl are responsible for preparing the tru5tees' annual report and financial
statements in accordance with applicable law and United Kingdom Accounting Standard5
(United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each year which give a
true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, includlng income and expenditure, of the charitable
company for that period. In preparing these accounts, the trustees are requlred to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charitie5 SORP.
make judgements and estimates that are reasonable and prudent,.
state whether applicable UK Accounting Standards have been followed, subject to any
material departure disclosed and explained in the accounts;
prepare the accounts on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charitable company and enable
them to ensure that the accounts comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charitable company and hence for taking
reasonable 5tep5 for the prevention and detection of fraud and other irregularities.
13

AGE UK ENFIELD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees are responsible for the maintenance and integrity of the corporate and financial
Information included on the charitable company's website. Legislation in the United Kingdom
governing the preparation and dissemination of financial statements may differ from
legislation in other jurisdictions.
Statement as to dlsclosure to our auditors
In so far as the trustees are aware at the time of approving our trustees, annual report:
there is no relevant audit information, being information needed by the auditor in
connection with preparing their report, of which the charit￿$ auditor is unaware. and
the trustees having made enquiries of fellow directors and the charit￿$ auditor on
steps that they ought to have individually taken, have each taken all steps that he/she
is obliged to take as a director in order to make themselves aware of any relevant audit
information and to establish that the audltor Is aware of that Information.
This report has been prepared in accordance wlth the provlslons In Part 15 of the Companies
Act 2006 applicable to companies subject to the small companies, regime.
By order of the Board of Trustees
Elaine Adkin
Chalr of Trustees
26 November 2025
14

AGE UK ENFIELD
INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OFAGE UK ENFIELD
Oplnlon
We have audited the financial statements of Age UK Enfield {the 'charitable companV} for the
year ended 31 March 2025 which comprise the statement of financial activities, the balance
sheet, the statement of cash flows and 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 Finoncial Reporting Standard applicable in the UK ond
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 income and expenditure for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
have been prepared in accordance wlth the requirements of the Companies Act 2006.
Basis for opinlon
We conducted our audit in accordance wlth International Standards on Auditing (UK} IISAS
(UK)) and applicable law. Our responsibilities under those standard5 are further described in
the Auditor's respon5ibilitie5 for the audit of the financial statements section of our report.
We are independent of the charitable company 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.
Concluslons relating to golng 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 charitable company'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 trustees with respect to going concern are
described in the relevant sections of this report.
15

AGE UK ENFIELD
INDEPENDENT AUDITORS. REPORT
TO THE MEMBERS OF AGE UK ENFIELD {continued)
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.
Our opinion on the financial statements does not cover the other information and we do not
express any form of assurance conclusion thereon.
Other Informatlon
Our responsibility is to read the other information and, in doing so, consider whetherthe other
Information is materially inconsistent with the financial statements, or our knowledge
obtained in 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 mlsstatement of
this other information, we are required to report that fact. We have nothlng to report In thls
regard.
Oplnlons on other matters prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the trustees, report, which includes the directors, report
prepared for the purposes of company law, forthe financial 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 legal requirements.
Matters on whlch we are required to report by exceptlon
In the light of the knowledge and understanding of the charitable company 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 relatlon 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
16

AGE UK ENFIELD
INDEPENDENT AUDITORS. REPORT
TO THE MEMBERS OF AGE UK ENFIELD
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 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 company or to cease operations, or have no realistic alternative but to do so.
Audltor's responslbllltles for the audlt of the flnanclal statements
Our objectlves are to obtain reasonable assurance about whether the financlal statements as
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 {UKI 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.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We
design procedures in line with our responslbllitles, outlined above, to detect material
misstatements In respect of irregularities, including fraud. The extent to whlch our procedures
are capable of detecting irregularities, including fraud is detailed below:
The Charitable Company is required to comply with both company law and charity law
and, based on our knowledge of it5 activities, we identified that the legal requirement
to accurately account for restricted funds was of key significance.
We gained an understanding of how the charitable company complied with its legal
and regulatory framework, including the requirement to properly account for
restricted funds, through discussions with management and a review of the
documented policies, procedures and controls.
The audit team, which is experienced in the audit of charities, considered the charitable
company's susceptibility to material misstatement and how fraud may occur. Our
considerations included the risk of management override.
17

AGE UK ENFIELD
INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF AGE UK ENFIELD
Our approach was to check that all restricted income was properly identified and
separately accounted for and to ensure that only valid and appropriate expenditure
was charged to restricted funds. This included reviewing journal adjustments and
unusual transactions.
A further description of our responsibilities for the audit of the financial statements is located
on the Financial Reporting Council's website at: www.frc.or
auditorsres
onsibilities. This
description forms part of our auditor's report.
Use of our report
This report is made solely to the charitable companV5 members, as a body, In accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken, so that
we mlght state to the charitable company's members those matters we are required to state
to them In an auditor's report and for no other purpose. To the fullest extent permitted by
law, we do not accept or assume responsibility to anyone other than the charitable company
and the charitable company's members as a body, for our audit work, for this report or for the
opinions we have formed.
17112125
Simon Goodridge {Senior Statutory Auditor)
For and on behalf of Knox Cropper LLP, Statutory Auditor and Chartered Accountants
65 Leadenhall Street
London
EC3A 2AD
18

AGE UK ENFIELD
STATEMENT OF FINANCIAL AcfiviTIES
INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Total
Funds
2025
Total
Funds
2024
Unrestrlcted
funds
Re5trlrt•d
lund5
INCOME ANO ENDOWMENTS FROM..
Donatlons and leia¢les
Charftable actlvltles
Grants and contracts recelvable
Cllent and Dlrect care Contrlbution5
Fundraising
Investments
Other5
Notes
83,037
10,000
93,037
50.543
687,912
1.100,239
894
11,762
185
87,875
775,787
1,100,239
894
11,762
185
814,721
1,064.544
9,799
434
Total Incoffl• and endowments
1,884,029
97,875
1,981,904
1,939,951
EXPENDITURE ON:
Cost of raisAngfunds
Ralsing Funds
120,2721
120,2721
129,9331
Chorittsble uctlvltles
Cère and support Service5
Preventlon and Wellbelng Service5
11,128,523)
1694,9541
150.0771
178,8461
11,178,600)
1773,8001
11,045.4201
1764,0281
Totsl resource5 expended
{1￿.749)
1128,9231
11,972,672)
11,839,381)
Net Sncomel(expendlturel
40,280
131,0481
9,132
loo￿70
Transfers between funds
14
127,3561
27,356
Net Ilncomellexpendlturel before
other recognlsed Kalns and losses
12,924
13,6921
9,232
100,570
Other reco8n15ed galns •nd losJe$
Actuarial11055llgaln on pensSon
scheme
12
94,000
94,(Y)D
17,0001
Net movement In funds
Reconclllatlon of funds
106.924
13,6921
103,232
93,750
Total funds brought forward
580,836
36,667
617,503
523,933
Total funds carrled l*)nvard
14
687,760
32,975
720,735
617,503
The notes from page 22 onwards are an Integral part of these flnanclal statements.
19

AGE UK ENFIELD
BALANCE SHEET
AS AT 31 MARCH 2025
Notes
2025
2024
FIXED ASSEf5
Tan8ible assets
13.935
10.975
13,935
10.975
CURRENT ASSETS
Debtor5
io
150,349
138,541
372.014
660,904
140,901
132,002
348,643
621Y6
Short term dep051ts
Cash at bank and In hand
Creditors: amount falllng due wlthln one year
li
1117,1041
184,0181
NET CURRENT ASSETS
543AOO
537,528
TOTAL ASSETS LE55 CURRENT LIA81LITIES
557,735
548.503
Penslon stheme asset
12
163.000
69,000
NET ASSETS
720,735
617,503
FUNDS
Unrestricted funds
433,015
163,000
481,836
69,000
Penslon reserve
12
596,015
550,836
Deslgnated Fund$
Re5trlcted funds
14
91,745
32,975
36,667
TOTAL FUNDS
14
720,735
617,503
The note5 from page 22 onwards are an inte8ral part of these flnanclal ststements.
These financial statements were approved and authorlsed for Issue by the board of trustees on 26 November 2025 and signed
on Its behalf by-_
Elaine Adkin
Chair
charl3
Treasurer
Company Registration Number: 3352062 IEngland and Wales)
20

AGE UK ENFIELD
Statement of Cash Flows
for the year endlng 31 March 2025
Note
2025
2024
Cash used in operating activities:
15.1
Net Ccsh provided by operating ortivities
24.438
35,871
Cash flows from inve5tlng actlvities
Interest income
Tangible Flxed Assets
11.762
16,2901
9,799
18,8511
Net cosh used in investlnq actlvltles
5.472
Increase (decrease) In cash and Cash equlvalents In
the year
29,910
36,819
Cash and cash equlvalents at the beglnnlng of the
year
15.2
480.645
443,826
Total cash and cash equlvalents at the end of the
year
510,555
480,645
21

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
l Accounting policies
1.1 Accounting convention
The financial statement5 are prepared In accordance with the Statement of Recommended Practlce.. Accounting
and reporting by chorities ISORP FR5 102 second edition
effective l January 20191. applicable accounting
standard5 and the Companie5 Act 2006. The financial statement5 are presented in Sterlin81£1.
l.Z Golng Concern
The SMT and current trustees have worked hard to secure income and manage expendlture and are confldent
about the charity's viablllty in the near future and therefore consider that there are no material uncertainties
about the Charity's ablllty to continue a5 a going concern.
1.3 Donatlons
Voluntary income Is recelved by way of donations, legacies and gifts and is included in full in the SOFA when
receivable.
The value of services provided by volunteers has not been included in the accounts.
1.4 Grants. contracts and other Income
Grants and contracts are recognised In full In the SOFA when recelvable. Other Incomlng resources are included
In the SOFA when recelvable.
1.5 Resources expended
All expenditure is accounted for on an accrua15 basi5 and is inclusive of VAT. Expenditure ha5 been classifled under
actlvlties which allocate all cost5 related to the activity includin8 the c05t of managing and administering the
actlvltv.
The cost of mana8ing and administerin8 the activity (support costl Is an indirect cost and is allocated to the
activity based on direct service costs incurred on that activitv.
Governance costs include those costs assoclated wlth meetlng the constitutional and statutory requirements of
the charity and include audlt fees and costs Ilnked to the strategic management of the charity.
1.6 Fund ac¢ountln8
Restricted funds are grants and contracts, donation5 and other incoming resources, whlch are to be used for
specific purposes as laid down by the donor. Expenditure which meets these criteria 15 charged to the fund. In
the event that followlng the completlon of the speclfic purpose for whlch the funds had been received there are
funds remaining unspent, the original donor of the funds Is contacted. Followlng discussions with the donor the
fund5 are returned, or with the donor's consent either retalned and transferred to unrestrlcted funds or used for
similar purposes on another project. Unrestricted funds are grants and contracts, donations and other incoming
resources recelvable for the object5 of the charity without further specified purpose and are available as general
funds. De518nated funds are unrestricted funds earmarked by the trustees for specific purposes.
1.7 Flxed assets
Fixed assets are stated at cost less accumulated depreciation. The cost of minor additlons or those c05ting below
£1,000 are not capitallsed.
Depreciation is provided at rates calculated to write off the cost of each asset, less its estimated residual value,
over the useful economic life of that asset as follows..
Furniture and other equlpment: 20% reduclng balance
22

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1.8 Operatlng leases
Rentals payable under operatlng leases are charged to the SOFA as incurred over the term of the lease.
1.9 Penslon costs
The company participates in the Age Concern Section of the Age UK Retirement Benefits scheme. which is a
multi-employer defined benefit scheme, The company also operates a defined contributlon pension scheme.
Both schemes are accounted for In accordance with FRS 102 and described in more detail in note 12.
2 Income from donatlons and legacles
Unrestrlcted
funds
Restricted
funds
Total
2025
Total
2024
Donation5 and 81ft ald donatlons
Legacles
Membership fees
32,877
50,000
160
10,000
42,877
50,000
160
50,268
185
83.037
10,000
93,037
50.543
3 Income from charltable actlvltle$
Unrestrl¢ted
funds
R•strlcted
nds
Total
2025
rotal
2024
Grants & Contracts
LB of Enfleld -ICF, Workforce & Other grants
A8e UK-EON
EDA-Informatlon & Advice Prolect
Groundwork London
Age UK London -C05t of Llvin8 Grant
Enfleld Wellbelng Network
GVC Ladbrokes-men in Sheds
LB of Enfleld-VCS Carers Outcome 2 (Icanl
NHS- Falls Prevention, Oementla & Frallty
Community 8arnet
Clty Brldge Trust
The Armed Forces Covenant Fund Trust
A8e UK Charlty- Emmanuel Hospltal fund
Other Funds
2,667
13,616
10,737
1,950
40,(
39,709
9,989
280,175
226,616
10.500
42,983
30,375
12,5L
17,904
12,500
26,660
12,SC4)
26,660
5,000
5,000
46.391
46.391
280,175
301,616
10,501
280,175
301,616
10.501
55,500
soo
9,375
55,500
500
9,375
10,069
687,912
87,875
775,787
814.721
23

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
3.1 aient and Dlrect care contrlbutlons
Unrestrlcted
funds
Restrlcted
funds
Total
2025
Total
2024
Clients and Direct Care Contrlbutlon5
1,100,239
1,100,239
1.065,544
1,100,239
1,100,239
1,065.544
3.2 Other actlvltles
Unrestrlcted
funds
Restrlrted
funds
Total
2025
Total
2024
Fundralslng
894
894
894
894
Bank and Investment Interest
Unrestrlcted
fund5
Restrlcted
funds
Total
2025
Total
2024
Bank interest
11,762
11.762
11,762
11,762
9,799
9,799
24

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Net In¢omel (expenditure) for the year
2025
2024
Net movement in fund51s stated after charging:
Depre¢iation
Auditor5, remuneration
Operatlng leases- equlpment
3.329
9.450
10,941
2,034
8,750
10,185
7 Trustees, remuneratlon and relmbursed expense$
The trustees received no remuneratlon during the year12024: £nlll
Expenses amounting to £77 were reimbursed to I trustee in the year12024.' £1801
Staff costs and numbers
Total
2025
Total
2024
Salaries and wages
Social securlty Costs
Pension contributlons
Pension Scheme recovery payments
Temporary Staff costs
1,248,733
87,280
32,457
43.248
35,722
1,179,220
79,906
28,791
43,248
29.711
1,447,440
1,360,876
Staff travel, trainln8, recruitment & payroll processln8
osts
36,675
23,501
1,484,115
1,384,377
The average number of full and part-tlme employees
durlng the year were as follows,.
2025
2024
Care and Support Services
Prevention and Wellbeing Service5
Management, Finance and Adminlstratlon
27
12
28
12
44
45
No employees received emoluments of more than £60,000 per annum.
Senior Management Personnel costs of Bross salary and employers, national insurance amounted to £177,59012024: £192,866).
In the period the Interim CEO was pard £41,025 under and Interlm contract.
The Senlor Management team Is made up of..
Peter Gla5s- Chief Executive Officer IAe5igned AuEUSt 20241
Le51ey King Lewls- Interlm Chief Executive Officer (appointed AuBu5t 20241
Venetta Hunt- Head of Care Service5
Ali50n Carter Albert- Head of Preventlon 5ervice5
Kaya Taylor- Finance Director (Resigned AprS120241
Jo¥ Watklns- Flnance Oirector IAppointed May 20241
28

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Tanglble flxed assets
Furniture and Equipment
Cost
At l April 2024
Addltlons
37,651
6,289
At 31 March 2025
43.940
Depreclatlon
At l April 2024
Charge for the year
26,676
3.329
At 31 March 2025
30,005
Net bookvalue
At 31 March 2025
13,935
At 31 March 2024
10,975
10 Debtor5
2025
2024
Trade debtors
Prepayment
Other debtors
Provislon for doubtful debts
116,256
20,992
13,969
868
105,473
21,421
15,172
150 349
140 901
29

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11 Credltors: amounts falling due wlthln one year
2025
2024
Trade creditors and accruals
Other credltors
Deferred Income
Bank overdraft
78,790
62,134
3.134
18,750
37,250
1,064
117,104
84,018
12 Penslon scheme
The company partlclpates in the Age Concern sectlon of the Age UK Retlrement Beneflts scheme, whlch Is a multl-
employer deflned beneflt scheme. The company also operates a deflned contrlbution penslon scheme. Further
Information about both schemes is below'.-
Deflned benefit
The disclosures below are provided in respect of the A8e Concern Section of the Age UK Retirement Benefit5 Scheme in
respect of Age UK Enfield only I'the Scheme") and presented in £00￿S in accordance with the actuarial note provSded.
The level of beneflts provided by the Scheme depend5 on a memberfs length of servlce and their salary at thelr date of
leaving the scheme. Thls Sectlon of the Scheme closed to future accrual on 30 November 2008.
A full actuarial valuation of the Scheme was carried out as at 31 March 2022 and the results of thi5 valuation have been
updated to 31 March 2025 by a qualified independent actuary. The expected employer contributlons for the year endln8
31 March 2026 are £43,000. These contributlons Include an allowance for adminlstratlon expenses and PPF levies.
The results of the latest funding valuatlon at 31 March 2022 have been adjusted to the balance Sheet date taklng account
of experience over the period since 31 March 2022. changes In market conditions and differences in the financial and
demo8raphic assumptions. The present value of the defined benefit obligation5 was measured usin8 the Projected Unit
Method.
The prlnclpal assumptlons used to calculate the Ilabilities under FR5102 are set out below..
Maln flnanclal assumptions:
31 March 2025
%pa
3.10
2.30
NIA
31 March 2024
%pa
3.20
2.40
NIA
RPI Inflation
CPI Inflatlon
Rate of increase in salaries
Pension increases
Rate of increase in payment of pre 2006 pensions
Rate of increase in payment of post 2￿6 pensions
Discount rate for Scheme liabilities
3.60
3.70
2.05
4.90
5.80
30

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Defined benefit (continued)
Maln demo8raphic assumptions:
2025
2024
100% of S3PMA base tabl95 lor
males and 100% Df S3PFA
b8se tables for fom8195 projeGled
by yearof blrth assumlno future
improvem8nl8 In Iln8 wllh CMI
2023 prol8cllons Iwlth p8ram8lers
Sk= 7.0. A= 0.25Yo. w20201w2021
0% and w20221w2023 = 15%)
and a long-tertn improvement rate
of 1.25% pa
100% of S3PMA basB t8ble8 for males
nd 100% ofS3PFA M ba88 18bles lor
1oryTrales wojectsd by y8ar of
birth assuming future
Improvem6n15 In line wlth CMI
2022 projections Iwllh
par8m8ter8 Sk= 7.0, A.
0.25% and w20201w2021
00￿) and 8 long-lerm Impro>vement rate
ofl.25%p
Mortality
Years
21.7 years {age 86.71
23.7 years la8e 88.71
23.0 years lage 88.01
25.1 years la8e 90.11
Allowance ha5 been made
for all members to
exchange 70% ofthe
maximum cash allowance
available upon retirement,
Years
21,7 years lage 86.71
23.6 years lage 88.61
23.0 years lage 88.01
25.1 years lage 90.11
Allowance has been made for
all members to exchange 70%
ofthe maximum cash
allowance available upon
retlrement.
Life expectancy for male currently a8ed 65
Llfe expectancy for female currently aged 65
Llfe expectancy at 65 for male currently aged 45
Llfe expectancy at 65 for female currently aged 45
Cash commutatlon
Scheme a55et allocation
At 31 March 2025
At 31 March 2024
£OOOs
£OOOs
Equitles
116
183
14.5
Diversified growth fund
Matchin8 assets/bonds
Infrastructure
Cash
Total
62
69.9
63.7
175
71
14.5
169
13.4
43
1,262
1,205
loo
loo
None of the scheme's assets are invested In the Employerfs financlal instruments or In property occupied by, or other
assets used by the Employer.
Reconclllatlon of funded status to balance sheet:
31 March 2025
£OOOs
1,205
11,0421
163
31 March 2024
Fair value of assets
Present value of funded defined benefit obligations
Funded status
1,262
11,1931
69
31

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Asset/lliabilityl recoEnised on the balance sheet
Present value of unfunded defined benefit obligations
Defined benefft (contlnued)
Deflned benefft Icontlnuedl
Hlstory of experlence 8alns and105se5:
2025
E'ooo
1,205
{1,0421
2024
Present value of Scheme liabilities
Fair value of scheme assets
1,262
11,193)
Surplus/ Ideficitl in the scheme
163
69
Amount$ recognlsed In Income statement
2025
£'ooo
2024
£'ooo
Operating c05t'.
Current Service cost
Admln15tration expenses
Past services cost Ilnc. Curtailmentsl
Settlement cost
Financlng c05t .
Interest on net defined benefit liabllltylla5setl
Pension expense recognised in profit and Ios5
Amounts recognlsed In Other Comprehenslve Income (OCI)
2025
£'ooo
1911
149
1941
1361
2024
£'ooo
{341
iioi
Asset gainslllosses) arislnB durin8 the year
Liability gainsllosses arising durln8 the year
Change in the effect of the asset ceiling
Total amount recognlsed In OCI
1371
32

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Defined beneflt (contlnued)
Change5 to the present value of tho defined benellt obli8atlon durlng the year
2025
£'ooo
1,193
2024
£'ooo
1,184
Opening defined benefit obligation IDBOI
Current service cost
Interest expense on DBO
Contrlbutlons by Scheme members
Actuarial Igainsl/losses on scheme Ilabllltles
Net benefits paid out
Past service c05t Ilnc. Curtallments)
Net increase In liabilities from disposalslacquisitions
Settlements
Closing fair value of scheme assets
57
56
11491
1591
io
1571
1,042
1,193
Chan8esto the falr value of scheme assets durfngthe year
2025
£'ooo
1,262
57
1911
43
2024
£'ooo
1,260
56
1341
43
Openlng fair value of Scheme a55ets
Interest Income on Scheme as5etS
Galnlllossl on Scheme asset5
Contribution5 by the employer
Contributions by Scheme members
Net benefits paid out
Admlnlstratlon costs Incurred
Net Increase in a55ets from disposalslacqulsltlons
Settlements
Closing falr value of scheme assets
159)
171
157)
16}
1,205
1,262
Actual return on scheme a55ets
2025
£'ooo
57
1911
1341
2024
£'ooo
56
1341
1221
Interest income on scheme assets
Gainlllossl on Scheme assets
Actual return on Scheme assets
Deflned contrlbutlon
The assets of the defined contribution scheme are held separately from those of the company In an independentSv
administered fund. The pension cost charge for thls scheme represents contributions payable by the company to the fund
17%) and amounted to £32,45712024: £28,791}
33

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Analysis of net assets between funds 2025
Unrestrlcted funds
Restricted funds
Total
Funds
Tangible flxed assets
Current assets
Current Ilabillties
Defined benefit pen51on asset
13,935
627,929
1117,104)
163,000
13,935
660,904
{117,1041
163.000
32.975
Net a55ets at 31 March 2025
687,760
32,975
720,735
Analysls of net assets between funds 2024
Unrestrlcted funds
Restrlcted funds
Total
Funds
Tangible flxed assets
Current assets
Current liabilities
Defined benefit penslon a55et
10,975
584,879
184,018)
69,000
10,975
621.546
184,0181
69.000
36,667
Net assets at 31 March 2024
580,836
36,667
617,503
34

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Statement of funds
At31
March
2025
At l Aprll
2024
Income
Expendlture
Transfer5
Unrestrlrted fund5
General fund
Deslgnated funds
Deflned benefit penslon a55et
481,386
30,C
1,822,284
61,745
11,843,749)
127,3561
433.015
91,745
69,000
580,836
94,000
1,978,029
163,000
687.760
11,843,749)
127,356)
Restrkted funds
Healthy Llvln8 Servl¢e5
Flt for Life
60.500
163,1991
2,699
Carn Support Servicès
Community support Servlces
Day Care Service
Workforce fund
Infectlon Control fund
MCST
Tackllng Loneliness
Men In Sheds
Information Servlces
30,961
130,9611
10,565
8,931
2,523
6,728
10,565
8,931
2,523
7,228
500
17,500
9.375
10,0
119,1161
19,3751
16,2721
1,616
17,9201
7,920
Enfield Dementia Network
3,728
Total rellrlcted funds
36,667
97,875
1128,9131
27,356
3Z,975
Total funds
617.503
2,075,904
11,972,672>
720,735
Unrestrirted funds:
The General fund represents the unrestrlcted funds of the Charlty that are not designated for particular purposes and are
freely available to use
Desl nated funds:
A de51gnated fund was created to meet potentlal upcomln8 liabilitles attached to the management and malntenance of
the Parker centre once the lease with the local authority has been finalised. Further transfer5 were made in the year to
provide for refurbishment work on a new buildin8.
Restrlcted funds:
The Flt for Llfe is a serles of exercise and fitness classes for people over 50 funded primarily by the City Bridge Trust
Fund.
Communlty Support Servlce5 fund represent a combination of grants received to help us provide services of a
preventative nature and to promote health and wellbeing.
The Workforce Fund provided by L8E helped us realised capaclty to meet growing demand acr055 the Care servlces
during the financial year. It funded extra hours and new post to support our clients need.
The Infectlon tontrol fund was used to pay for our PCR and natural flow testing to mltlgate the infection risk of our
vulnerable clients as well transport cost durlng the financial year.
The MCST grant was to provide 2 session5 of cognitive stimulation therapy to people with dementia to reduce isolation
nd promote communlcation.
The Men In Sheds fund Is an outreach program that treates a space for men to get together In sheds, bulld, make and
mend thlngs.
Information Servlces funding wa5 part of later life planning for people over 50 and their farnilie5, coverin8 a range of
155ue5 like making a wlll. power of attorney and bereavement services.
Tackling loneliness alm Is to reduce Social i501atlon and tackle loneliness In people that have served In the Armed
Force5.
35

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENT5 (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14
Statement of fvnds (¢omparatlve)
At31
March
2024
At l Aprll
2023
Income
Expendlture
Transfers
Unrestrfrted funds
General fund
Deslgnated funds- IT
Deflned benefit pension Ilablllty
387,788
30,000
1,829.487
11,698.3191
137,1201
481,836
30,￿0
76.000
493,788
17,OLKII
{1,70S,3191
69,000
580,836
1,829,487
137.120)
Restrfcted funds
Healthy LSvlng Ser¥lces
Digital Connection5
FSt for Llfe
Carers Fltness Group
44.933
150,8801
5,947
Car• Support Servlces
Communlty support SÈrvl¢es
Day Care Service
2,667
133.8401
31,173
Workforce fund
10.565
10,565
Infectlon Control fund
MCST
Tackling Lonellness
Men in Sheds
Informatlon Servlces
2,592
2,523
3.940
10,000
13,6611
8,931
2,523
6,728
30,375
9,989
12.500
127.5871
19,9891
115.1051
10,525
7,920
Tot•1 restrlct•d fund•
30,145
110.464
1141.0621
37,120
36,667
Total funds
523.933
1,939,951
11,846,181
617,503
36

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
IS Statement of Cash Flows
Is.1
Reconciliatlon of net Income/(expendlture) to net
cash flow from operating artlvltles
2025
2024
Net Incomellexpenditurel for the reporting perlodlos per
the Statement of flnanclal actlvitlesl
Adjustments for:
Depreciation charges
Dividend5, interest and rents from Investments
Ilncreasel/decrease in debtors
Increase/ldecreasel In Credltors
9,232
100.570
3,329
111,7621
19,4471
33,086
2,034
19,7991
15,0141
151.9201
Net cosh provlded by fused In) operotlng octlvities
24,438
35,871
15.2 Analysls of cash and cash equlvalents
2025
2024
Cash In hand
Notlce deposlts Iless than 3 month51
372,014
138,541
348.643
132,002
Tot?1 cash and cash equlvalents
510,555
480,645
16 Related Party Transactlons
There were no related party transactlons In the current year, none In 2024.
37

AGE UK ENFIELD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Comparative Sofa
STATEMENT OF FINANCIAL AcfiviTIES
INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlrted
funds
Restrlcted
funds
Total Funds
2024
INCOMING AND ENDOWMENTS FROM:
Donatlons and le8acles
Charltable actlvltles
Grants and contracts recelvable
Cllent and Direct care Contrlbutlons
Investments
Oth•r5
Note5
40,453
io,0¢)
50,453
714,257
1.064,544
9,799
434
100,464
814,721
1,064,544
9.799
434
Total Incom• and endowmenti
1,829,487
110,464
1,939,951
EXPENDITURE ON:
CcJ5t of ro151ngfund5
Ralsln8 Funds
Choritoble actlvlties
Care and Support Servlces
Preventlon and WellbeSng Servlce5
129.7211
12121
129,9331
11,OOJ,8101
1667,7881
144,6101
196,2401
11,045.4201
1764,0281
Total resources expended
(1,6983191
1141.062
I1￿39,381}
Nel Incomellexpendlturel
131,168
130,598)
loo￿70
Transfers between funds
14
137,1201
37,120
Net Ilncom•/{expendlturel beft*re other
feco8nl$•d g•lns Jnd losses
Other recoinb5ed galns and losse5
Actuarial Ilossllgaln on pensSon scheme
94,048
6,522
100,570
12
17.0001
17,0001
Net mwement In lunds
Reconclllatlon of funds
87,048
6,522
93,570
Total funds brought forward
493.788
30,145
523.933
Total funds Carrled forward
14
580W6
36,667
617,S03
38

AGE UK ENFIELD
ACKNOWLEDGEMENT
We would like to thank the following funders for their support during 2024125 that has enabled us
to maintain our valuable well-established services, supported us to adapt those services to meet the
challenges of the pandemic and increased client needs as well as develop new and innovative
services to meet emerging needs.
London Borough of Enfield
Enfield Clinical Commissionin8 Group
Age UK Natlonal
Emmanuel Hospltal Foundation
City Brid8e Trust
NHS Charities Together/Royal Free charity
The Mabs Mardulyn Foundation
North Central London ICB
Groundworks
39