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2022-03-31-accounts

Contents

Foreword 2
Legal and administrative information 3
Chairman’s Report 4
Trustees Report 5-19
Object of the charity
Organisation of the charity
Summary of policies
Quality System
Membership
Reserves
Risk Management
Business Planning
Communication
Organisational Chart
Review of activities and achievements
Departmental service review
Further thanks and appreciation
Future plans
Treasurer’s report
Statement of Trustees’ Responsibilities
Review of transactions and financial position 20-31

1

Foreword

To comply with the duty in section 4 of the Charities Act 2011 to have regard to the public benefit provided by our charity, the Trustees have, in this report, detailed the activities we deliver in order to demonstrate the commitment to the object of our charity -

“To promote the relief of elderly people in any manner which now, or hereafter may be deemed by law, to be charitable in Stafford and surrounding areas”.

To deliver public benefit within our objectives we interpret “relief of elderly people” in its widest sense and take into account a holistic view of older people’s lives in an effort to offer services that offer care, prevention and support to enable them to live as full and enjoyable later life as possible.

The focus of our work is to provide:

To ensure our work delivers our aims we consider older people’s

● Health and well-being in light of their situation ● Ability to access services they need

Policies and procedures are in place to ensure that services are accessible to all older people within our area of benefit. For some services, charges are made to cover the cost of providing the service. Charges are considered annually by Trustees and a Charging Policy is in place to give guidance to staff when a service charge is unable to be met, so that people are not excluded from the assistance they may need, and the cost is met by the organisation.

2

Legal & Administrative Information

Charity Details as at 31[st] March 2022

Registered Office Legal Status: Age UK Stafford & District Registered Charity No. 1064087 which Bradbury House was incorporated as a Company Limited Weston Road by guarantee No.03345219 in 1997 in Stafford ST16 3RS England and Wales T: 01785 60 70 60 Governing document: Memorandum and F: 01785 60 70 63 Articles of Association www.ageukstafford.org.uk

For the purpose of the Companies Act, the Directors (none of whom receive any remuneration) are the Trustees and during the year were as follows:

Chairman Mr. David Ellison – resigned Mr. Glyn Ravenscroft - elected Vice Chairman Vacancy Treasurer Mr. Glyn Ravenscroft – Acting Treasurer Trustees Mr. Richard Jarrett Mr. Alan Barnes Mrs. Jill Hood Mrs. Juliet Niven Mr. John Wheeler Mr. Trevor Mardling Mr. Neil Norman

BANKERS SOLICITORS Independent Examiners Co-op Bank Hutsby Mees Richards Associates Ltd 42/43 Greengate Street 6/7 St Mary’s Grove (Chartered Accountants) Stafford Stafford (Registered Auditor) ST16 2JA ST16 2AT North Lodge Hawkesyard Armitage Lane Rugeley Staffordshire WS15 1PS

3

Chairman’s Report

Although the impact of COVID has not been as severe this year as in the previous twelve months, there have still been many COVID related considerations required to ensure the continuation of a quality service to all our clients. However, one thing that has been consistent throughout the whole period has been the dedication and work ethic of all the Staff in ensuring sure there was no reduction in standards across the range of services provided. On behalf of the Trustees, I would like to thank them all for ensuring whatever adjustments had to be made, the same quality of service was still provided for all our clients.

We will still have to be cautious in progressing through 2022/2023 but hopefully our working relationship with the County Council and our other partners will ensure we will still be able to deliver quality in all aspects of our services and continue to receive the thanks and compliments from the families of our service users.

There has obviously been an impact on our finances with all the COVID related adjustments but the close scrutiny of all the financial implications during the year by the Senior Management Team has ensured we are still in a reasonably healthy situation.

Hopefully we will be able to get back to a more normal situation as a Board and provide the support to the Staff in the provision of a quality service to the local Community.

Glyn Ravenscroft Chairman

4

Trustee’s and Strategic Report

Object of the Charity

To promote the relief of elderly people in any manner, which now or hereafter may be deemed to be charitable in the area of Stafford and surrounding areas.

To achieve this, we seek:

Management of the Charity

The charity is managed by a Board of Trustees who employs a Chief Executive to manage the day to day operation of the charity. All activities are grouped under the headings of Operations and Resources; each area being managed by a Senior Manager.

The decision making process of the organisation commences within a range of sub-groups with a membership of Trustees, staff and outside agencies where appropriate. Minutes of the subgroups are circulated to all Trustees. Decisions are ratified at Board meetings. The Board meets quarterly.

Sub- groups are as follows:

The activities of the sub groups are recorded later in the report.

A review of our objectives and public benefit takes place on an annual basis which helps us to ensure that our aims, objectives and activities remain focused on our stated purpose.

New staff and volunteers attend an induction course giving background information to the organisation and how we relate to others, it also includes health and safety and road safety awareness. Each area of work has an induction programme which workers undertake during the first few months of employment. Line management of staff is identified during the induction period. Training needs are identified during staff appraisals and from the business development programme. An annual Training Programme is funded from the revenue budget.

5

Trustee Recruitment

Recruitment process

Trustee applicants are provided with a Informal discussion and a visit to the recruitment pack including: organisation Interview with Chairman and CEO Introduction Induction process to the organisation Background information involving visits to the departments and Organisational structure discussions with Staff and Trustees, Trustee profile followed by attendance at a Board Responsibilities of Board Members meeting. Responsibilities of Individual Trustees References The need, skills required, the process Application form and person Should this process be successful an specification invitation to attend subsequent Board Diversity monitoring form and sub group meetings is extended followed by nomination to the Annual General Meeting for election.

Summary of Policies

The organisation has 70 policies and procedures covering all areas of activity and are categorised under the following headings:

Employment ● Finance ● General Health & Safety Services ● Trustees ● Volunteering

There is ongoing review of policies and procedures, which is reported within Business Management & Performance sub group activity.

Quality

6

Membership

Age UK Stafford & District is a Brand Partner of Age UK

Member of the Age England Association

Reserves

Risk Management

Risk management is a standard agenda item for the Business Management Development and Performance sub group with the Risk Register being updated and reported to the Board of Trustees at six monthly intervals.

Business Planning

As in previous years, strategic discussions took place with staff and Trustees and at a subsequent Board meeting a Business Plan for 2021-2022 was agreed, along with action plans, Training Programme, Marketing Plan and Budgets.

Communication

Communication of business information and consultation is by -

● Staff team meetings ● Minutes of Board and sub group meetings ●Press releases to local media ● Leaflets/information packs ● Leaflets in a number of rural locations as well as many urban sites throughout Stafford Borough ● Service User satisfaction surveys

7

Organisational Chart

----- Start of picture text -----
BOARD OF TRUSTEES
----- End of picture text -----

----- Start of picture text -----
Business Management,
Strategy Finance
Performance &
Sub Group Sub Group
Development
Sub Group
CHIEF EXECUTIVE
Senior
Management
Team
OPERATIONS RESOURCES
Day Care Team Leader x 1
Day Care Senior x 1
Senior Home Visitor x 1
Home Support Co-
ordinators x 2
Front of House
----- End of picture text -----

----- Start of picture text -----
Staff and Volunteers
----- End of picture text -----

8

Review of activities and achievement

Strategy

The Strategy group discussed the following items and made recommendations in relation to –

Chairman’s comments:

The Strategy sub group fulfills the purpose of concentrating discussion points for the full Board and Sub Groups.

My thanks go to my fellow members and to the Senior Management team for their efforts and full support

Glyn Ravenscroft - Chair

9

Finance

The Finance Sub Group continued to meet regularly during the year and focused its attention on the following areas:

Chairman’s comments:

The sub group monitors the management and processes of the Charity and ensures that they are a true record of our work.

I wish to thank my fellow Trustees and staff for all their endeavours.

Glyn Ravenscroft – Chair/Acting Treasurer

10

Business Management & Performance

The Business Management & Performance sub group met quarterly during the period and considered:

Chairman’s comments :

The sub group monitors the management and processes of the Charity and ensures that they are a true record of our work.

I wish to thank my fellow Trustees and staff for all their endeavours.

Alan Barnes - Chair

11

Departmental Service Review

Age UK Stafford & District carries out a range of services that provide practical, personal, emotional and social support for older people in Stafford and the surrounding area.

Home Support

Service Users comments:

‘Would find it extremely difficult to remain independent without the service, I appreciate their efforts and company particularly with the lockdown’ ‘Peace of mind to know dad is safe and house clean + comfortable’ ‘It has given me more contact with the outside world’

‘Allowed me to stay independent at home’

Gardening

Service Users comments:

‘At the age of 91 I no longer can manage some of it- so this service is essential’ ‘Absolutely- I can no longer manage my garden and this has taken a lot of stress from me’

‘Yes my wife and I are able to enjoy the garden and admire the work carried out’ ‘I have been using the service for several years now, it’s very important to me’

12

Day Care

Service Users comments:

‘Knowing he is being taken care of, I can’t express enough the break and relief I feel.’

‘Keeps me going looking forward to each day, otherwise would just be sitting watching TV all day.’

‘Gives my mother a purpose to get motivated in the mornings and enables me to go to work, knowing my mother is warm and safe’

‘It provides my husband with stimulation throughout the day, where I know he will be cared for and his needs met. It enables me to be able to catch up on sleep and recharge.’

‘I am able to go shopping and do my own thing. It gives J something to look forward to and seems to help him concentrate better.’

‘Peace of mind, enables mum to get out, mix with other people, gives us a break knowing she is safe

13

Information & Advice

We offer a free and impartial information and advice service to the very highest quality standards. We have trained staff that are available on the phone or face to face.

We can help with –

Staff & Volunteers

Volunteers:

We continue with our volunteer recruitment and a number of vacancies have been filled in the following areas:

Staff:

In 2021- 2022 we recruited 9 staff into existing posts in the services detailed below:

 Home Support

 Gardening

 Resources

The only way Age UK Stafford & District is able to deliver the services that it does is through the dedication and commitment of staff and volunteers. Not only do they deliver the services required but it is undertaken in a caring and enthusiastic way ensuring that our service users are truly happy with the service they receive.

14

Community Involvement

Age UK Stafford & District is committed to working with others, for example –

In 2021-2022 the organisation was represented on the following groups/committees

Further Thanks and Appreciation

In order for Age UK Stafford & District to provide its services we are dependent on many people and organisations to provide either funding, gifts, time, advice and support for which we are very grateful.

Below are mentioned just a few of the many who helped us during 2021-2022

Staffordshire County Council and in particular Social Care & Health Stafford Borough Council Co-op Bank Age UK national/regional and local Brand Partners Sainsbury’s – Stafford Keele University - Medical National Lottery Chevron

Volunteers

Donations and legacies from individuals

15

Future Plans

This plan is based upon the following key principles:

To provide innovative and effective services which meet the diverse needs and aspirations of older people

To listen and respond to the needs of our service users

16

To ensure the sustainability of the organisation to benefit the lives of the older people it serves

To increase the visibility and recognition of the organisation to the public and its stakeholders

17

Treasurers Report

With Coronavirus still prevalent and causing disruption at the start of the financial year, especially within the care sector, charities have continued to experience ongoing difficulties. With our clients being older people we have had to continue to operate restricted services as well as adhere to restrictions and lockdowns due to the coronavirus pandemic.

Even with these ongoing challenges we have been resilient and are pleased to announce that we have managed to achieve a surplus of £46,510 for the year. We are extremely pleased with the results especially after experiencing difficult times during the year.

With coronavirus still dominating at the start of the financial year, we are pleased that income from charitable activities increased from the previous year by £71,443. This was helped by the easing of restrictions as the year went on, in order for us to increase our Day Care capacity.

Even though support from Government grants and incentive schemes were reduced and withdrawn during the year, this was offset by us controlling our expenditure. Our overall expenditure was reduced by £75,082 compared to the previous year.

With the pandemic restrictions now released we will continue to increase our capacity and services whilst keeping a watchful eye on the potential to have to change our working practices again due to increasing cases of the virus and flu.

With our aim not to be reliant on donations, we always aim to be proactive to ensure we offer the most innovative and effective services to our clients.

With new challenges facing us during the imminent future such as rising energy costs and the cost of living crisis, we will endeavour to always maintain quality services to all our clients as we have done in the past and will continue to do so into the foreseeable future.

Glyn Ravenscroft Acting Treasurer

18

Trustees’ responsibilities in relation to the financial statements

The charity trustees (who are also the directors of the Age UK Stafford & District for the purposes of Company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity 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, including the income and expenditure, of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

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 disclosure to our Independent Examiners

In so far as the trustees are aware at the time of approving our trustees’ annual report:

The trustees and strategic report has been authorised on behalf of the Board of Trustees by

…………………………………………. …………………………………………………………….. Glyn Ravenscroft (Chair) Date

19

Age UK Stafford & District

Trustees’ Report and Financial Statements for the 12 months’ period ending 31 March 2022

Contents Page
Independent Examiners Report 21
Statement of Financial Activities 22
Balance Sheet 23
Cash Flow Statement 24
Notes to Financial Statements 25-31

Company Number (England and Wales) 03345219 Registered Charity Number 1064087

20

REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF AGE UK STAFFORD & DISTRICT FOR THE YEAR ENDED 31 MARCH 2022

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022 which are set out on pages 22 to 31.

Responsibilities and basis of report

As the charity’s trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (the ‘2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s report

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Anna Richards Senior Statutory Auditor

Richards Associates Limited Statutory Auditor North Lodge Hawkesyard Armitage Lane Rugeley, Staffordshire WS15 1PS

Date: .............................................

21

Age UK Stafford & District Statement of financial activities for the year ended 31st March 2022

General
Designated
Revaluation
Funds
Reserve
Notes
£
£
£
Income and Expenditure
Incoming and endowment funds
Donations and legacies
3
25,231
-
-
Grants
3
522
-
-
Sale of Assets
(345)
-
-
Other trading activities
4
800
-
-
Income from investments
5
8
-
-
Total income
26,216
-
-
Income from Charitable activities
Day Care
6
335,392
-
-
Home Support
6
265,096
-
-
Community Action
6
-
-
-
Income from operating activities
600,488
-
-
Total income and endowments
626,704
-
-
Expenditure on raising funds funds
Costs generating voluntary income
7
3,910
-
-
Other activities for generating funds
7
2,206
-
-
Expenditure on charitable activities
Day Care
7
294,688
-
-
Home Support
7
260,052
-
-
Community Action
7
11,686
-
-
Governance
7
13,038
-
-
Building Depreciation
7
10,500
-
Total expenditure
596,080
-
-
Net income / (expenditure)
30,624
-
-
Transfer between Funds
Transfer from Designated & Restricted
16
(30,624)
49,973
-
Revaluation reserve
12
-
103,000
Net movement in funds
-
49,973
103,000
Reconciliation of Funds:
Fund balance 1 April 2021
-
893,403
-
Fund Balance 31 March 2022
-
943,376
103,000
Unrestricted Funds		 Restricted
Fund
£
-
20,000
-
-
-
20,000
-
-
-
-
20,000
-
-
2,491
1,623
-
-
-
4,114
15,886
(19,349)
-
(3,463)
8,432
4,969		 Total
2022
£
25,231
20,522
(345)
800
8
46,216
335,392
265,096
-
600,488
646,704
3,910
2,206
297,179
261,675
11,686
13,038
10,500
600,194
46,510
-
103,000
149,510
901,835
1,051,345		 Total
2021
£
57,240
83,331
-
328
1,107
142,006
262,605
266,439
362
529,406
671,412
5,117
3,105
337,916
282,168
17,109
19,362
10,500
675,276
(3,864)
-
-
(3,864)
905,699
901,835

The statement of financial activitiies includes all gains and losses recognised during the year All income and expenditure derive from continuing activities

22

Age UK Stafford & District Balance Sheet as at 31st March 2022

Company number: 03345219 Charity number: 1064087

Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank & in hand
Creditors: amounts falling due
within one year
14
Net current assets
Creditors: amounts falling due
after more than one year
15
Total assets less long term liabilities
Charity funds
Unrestricted funds
16
Restricted funds
16
Revaluation reserve
16		 2022
2021
£
£
766,808
666,383
59,610
53,378
243,577
238,133
303,187
291,511
18,650
48,600
284,537
242,911
-
7,459
1,051,345
901,835
943,376
893,403
4,969
8,432
103,000
-
1,051,345
901,835

For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 20016 relating to small companies.

The financial statements were approved and authorised for issue by the board on ………………………2022. and signed on its behalf by:-

……………………… Glyn Ravenscroft Chairman of Trustees

………………….. Glyn Ravenscroft Treasurer

23

Age UK Stafford & District

Cash Flow Statement at 31 March 2022

Company number: 03345219

Notes
Cash flow from operating activities
Operating profit/(loss)
Reconciliation to cash generated
from operations:
Depreciation
(Profit)/Loss on Disposal
(increase)/decrease in debtors
increase/(decrease) in creditors
Cash flow from investing activities
Interest received
Sale of tangible fixed assets
Purchase of tangible fixed assets
Loan movements in the year
Net increase in cash
Cash at bank at beginning of year
Cash at bank at end of year		 £
£
£
£
46,502
(4,972)
16,803
16,831
345
-

(6,232)
2,544
(22,682)
22,585
34,736
36,988
8
1,107
-
-
(14,573)
(6,923)
(14,727)
(7,069)
(29,292)
(12,885)
5,444
24,103
238,133
214,030
243,577
238,133
2022
2021		 £
£
£
£
46,502
(4,972)
16,803
16,831
345
-

(6,232)
2,544
(22,682)
22,585
34,736
36,988
8
1,107
-
-
(14,573)
(6,923)
(14,727)
(7,069)
(29,292)
(12,885)
5,444
24,103
238,133
214,030
243,577
238,133
2022
2021
24,103
214,030
238,133

24

Age UK Stafford & District Notes to financial statements for the year ended 31st March 2022

1 Statutory Information

Age UK Stafford & District limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on page 3.

2 Accounting Policies

Basis of Accounting

The charity constitutes a public entity as defined by Financial Reporting Standard 102 (FRS 102). The financial statements have been prepared in accordance with accounting and reporting by charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (SORP FRS102) issued on 16 July 2014 and Companies Act 2006.

The financial statements are prepared on a going concern basis under the historical cost convention and consistently applied unless other wise stated.

Donations grants and other incoming resources

All donations grants and other incoming resources have been accounted for gross and receivable as long as they are capable of financial measurement. The value of services provided by volunteers has not been included.

Contract income

Contract income represents the amount derived from the provision of services.

Deferred income

The amount credited to deferred income is income received but not yet earned. The relevant sums are transferred to income when the service is rendered.

Depreciation

Depreciation is provided to write off the cost, less the estimated residual value, of all fixed assets, over their useful lives as follows:

Buildings 2%
Motor Vehicles 20%
Furniture Fixtures and Fittings 12.5%
Office Equipment 20%
Plant and Equipment 33%
All depreciation rates are applied on straight-line basis

Freehold land is not depreciated as it is considered to have an indefinite useful life. Freehold buildings are depreciated over the expected useful economic life to the charity, over 50 years The land and buildings were revalued in 2022 to ensure that they reflect current market value. The revaluation gain is shown in the revaluation reserve.

Fund accounting

Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without any specified purpose and are available as general funds.

Designated funds are unrestricted funds earmarked by the trustees for a particular purpose. Restricted funds are to be used for the specific purpose as laid down by the donor.

Financial instruments

The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

25

Age UK Stafford & District Notes to financial statements for the year ended 31st March 2022

Government grants

Government grants are recognised when there is a reasonable assurance that the entity will comply with the conditions attached to the grant and the grant will be received. Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

Expenditure

Expenditure is recognised on an accruals basis as the liability is incurred. The expenses are reported as follows:

costs of generating funds - comprise the costs associated with attracting voluntary income.

charitable expenditure - comprise costs incurred by the charity in the delivery of each activities and services. It includes both direct costs and necessary indirect support costs.

governance costs - comprise costs associated with constitutional and statutory requirements of the charity.

All costs are allocated between expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs related to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. floor area.

Going concern

At the time of approving the financial statements the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existance for the foreseeable future.

The directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Pension

Employees are entitled to be auto-enrolled in the company's workplace pension scheme. Details are disclosed in notes to the financial statements.

Restricted
Grants
Other income
Designated
funds
£
£
£
£
3
Donations and legacies
Other donations
-
14,481
-
Grants and furlough income
-
522
-
20,000
Age UK funding
-
10,750
-
-
-
25,753
-
20,000
4
Other trading activities
Raffle Funds
-
800
-
-
-
800
-
-
5
Income from Investments
Bank deposit account interest received
-
8
-
-
-
8
-
-
6
Income from charitable activities
Day Care
Bradbury House
-
331,339
-
-
Training income
-
300
-
-
Transport income
-
3,752
-
-
-
335,392
-
-
Home Support
Home Support
-
240,533
-
-
Gardening private
-
24,563
-
-
-
265,096
-
-
Community Action
Staying Active
-
-
-
-
Café/Staff Lunches
-
-
-
-
-
-
-
-
-------------------Unrestricted funds-----------------		 2022
2021
Total
Total
£
£
14,481
7,346
20,522
83,331
10,750
49,894
45,753
140,571
800
328
800
328
8
1,107
8
1,107
331,339
257,618
300
2,625
3,752
2,362
335,392
262,605
240,533
246,762
24,563
19,677
265,096
266,439
-
277
-
85
-
362

26

Age UK Stafford & District

Notes to financial statements for the year ended 31st March 2022

7 Total resources Expended
Costs directly allocated to activities
Staff costs
Expenses
Active therapy materials
Catering
Gardening expenses
Protective clothing
Postage
Registration
Transport costs
Computer support costs
Training
Sundry
Support costs allocated to activities
Staff Costs
Time
Expenses
Usage
Training/ recruitment
Usage
Computer costs
Income
Premises costs
Floor area
General admin
Usage
Depreciation
Usage
Bad debts
Usage
Professional fees
Usage
Usage
Bank charges
Usage
Loan interest
Usage
Total resources expended
Independent examination
(2021; Audit)		 Voluntary
Activities for
Income
generating funds
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Community
Governance
2022
2021
Day Care
Home Support
Action
and building
Total
Total
£
£
£
£
£
£
149,496
187,445
1,007
-
337,948
416,303
182
7,171
-
-
7,353
7,976
1,855
-
-
-
1,855
1,030
21,252
-
-
-
21,252
9,047
-
24,385
-
-
24,385
2,469
29
1,849
-
-
1,878
4,234
-
3,195
-
-
3,195
3,012
-
1,108
-
-
1,108
1,271
24,080
-
-
-
24,080
16,822
-
1,380
-
-
1,380
1,380
24
72
-
-
96
-
13
228
204
-
445
49
-
-		 196,931
226,833
1,211
-
424,975
463,593
2,729
1,820
-
-
-
-
131
88
1,050
105
-
193
-
-
-
-
-
-
-
-
-
-
-
-		 45,491
22,745
5,914
12,282
90,981
136,431
-
-
-
-
-
346
75
105
121
-
301
-
2,233
1,488
438
-
4,378
2,784
28,696
3,394
1,750
-
34,995
31,291
4,642
2,901
1,209
726
9,671
10,729
5,358
630
315
10,500
16,803
16,831
741
1,589
-
-
2,330
2,657
10,484
1,234
617
-
12,335
5,742
1,530
180
90
-
1,800
2,880
946
473
-
-
1,419
1,413
52
103
21
30
206
579
3,910
2,206		 100,248
34,842
10,475
23,538
175,219
211,683
3,910
2,206		 297,179
261,675
11,686
23,538
600,194
675,276

27

Age UK Stafford & District

Notes to financial statements for the year ended 31st March 2022

8
Net incoming resources for the year
This is stated after charging:
Depreciation
Independent examination fee (2021: audit fee)
Non-audit fees
9
Staff costs & numbers
Staff costs were as follows:-
Salaries and wages
Social Security costs
Employer Pension contributions
Total		 2022
2021
£
£
16,803
16,831
1,800
2,880
6,635
1,994
409,336
527,547
15,007
19,771
4,586
5,416
428,929
552,734

No employee received emoluments of greater than £60,000 The average number of employees during the year was as follows:

Chief Executive
Management
Day Care
Home Support
Community Action
Administration and Support
Total		 1
1
2
2
11
26
10
22
1
1
7
6
32
58

10 Trustee remuneration & related party transactions

No members of management received any remuneration during the year in their capacity as a trustee. Travel expenses are reimbursed at cost and are insignificant, being less than £100 in total. No trustees received expenses.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

11 Taxation

As a charity, Age UK Stafford & District is exempt from tax on income and gains falling within section 466 to 493 of the Corporation Tax Act 2010, or section 256 of the Taxation of Chargeable Gain Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

28

Age UK Stafford & District

Notes to financial statements for the year ended 31st March 2022

12 Tangible fixed assets

Cost or valuation
1 April 2021
Addition
Disposal
Revaluation
31 March 2022
Depreciation
1 April 2021
Charge
Disposal
Eliminated on revaluation
31 March 2022
Net Book Value
31 March 2022
31 March 2021
Cost or valuation
1 April 2021
Addition
Disposal
Revaluation
31 March 2022
Depreciation
1 April 2021
Charge
Disposal
Eliminated on revaluation
31 March 2022
Net Book Value
31 March 2022
31 March 2021		 Buildings
Freehold
Total Land &
Land
Buildings
£
£
£
525,000
175,000
700,000
-
-
-
-
-
-
15,000
25,000
40,000
540,000
200,000
740,000
52,500
-
52,500
10,500
-
10,500
-
-
-
(63,000)
(63,000)
-
-
-
540,000
200,000
740,000
472,500
175,000
647,500
Motor
Furniture &
Office
vehicles
Fittings
Equipment
Equipment
Total
£
£
£
£
£
46,240
98,327
85,356
50,208
980,131
12,400
1,538
-
635
14,573
(2,300)
-
-
-
(2,300)
40,000		 Buildings
Freehold
Total Land &
Land
Buildings
£
£
£
525,000
175,000
700,000
-
-
-
-
-
-
15,000
25,000
40,000
540,000
200,000
740,000
52,500
-
52,500
10,500
-
10,500
-
-
-
(63,000)
(63,000)
-
-
-
540,000
200,000
740,000
472,500
175,000
647,500
56,340
99,865
85,356
50,843
1,032,404
37,973
89,153
84,163
49,959
313,748
3,628
1,928
483
264
16,803
(1,955)
-
-
-
(1,955)
-
-
-
-
(63,000)
39,646
91,081
84,646
50,223
265,596
16,694
8,784
710
620
766,808
8,267
9,174
1,193
249
666,383

The freehold land that Bradbury House occupies was purchased for £140,000 in November 2012. The original building cost was £778,339

The land and building at Bradbury House was revalued at £740,000 in June 2022 (£700,000 in October 2015). All property valuations were carried out by Chivers Commercial, 21 Eastgate Street, Stafford ST16 2LZ was conducted in June 2022

29

Age UK Stafford & District Notes to financial statements for the year ended 31st March 2022

Debtors
Trade debtors
Prepayments
Other debtors
Creditors amounts falling due within one year
Bank Loan
Trade creditors
Lottery grant
Accruals
Long term loan
Due in less than 1 year
Due in 1-2 years
Due in 2-5 years
Due in > 5 years		 2022
2021
£
£
50,410
44,667
7,974
7,790
1,226
921
59,610
53,378
£
£
-
7,268
12,661
9,604
-
20,000
5,989
11,728
18,650
48,600
£
£
-
7,268
-
7,459
-
-
-
-
-
7,459
-
14,727

This loan was secured over the freehold property of the charity, and was fully repaid in October 2021 when the charges were removed.

Movement in funds

Balance at Incoming Resources Gains/ Balance at
01/04/2021 Resources Expended Transfers (losses) 31/03/2022
Restricted Funds £ £ £ £ £
Restricted fund 8,432 20,000 (4,114) (19,349) - 4,969
Unrestricted Funds
Designated Funds 893,403 - - 49,973 - 943,376
General funds - 626,704 (596,080) (30,624) - -
Revaluation reserve - - - - 103,000 103,000
Total 901,835 646,704 (600,194) - 103,000 1,051,345

The revaluation of the land and building is shown in a separate revaluation reserve.

30

Age UK Stafford & District

Notes to financial statements for the year ended 31st March 2022

17 Future contracts and going concern

Annual contracts from Social Care and Health totalling circa £255,000 are secured on an annual basis. The continuity of these funds cannot be guaranteed as they are heavily reliant upon the policies of central and local government. However, there is a significant income from Home Support, which is a non grant funded project (£266,439 in 2021 compared to £265,096 in 2022)

18 Commitments

The charity was committed to a 20 year loan for the purchase of the land and property at Bradbury House, but this was settled in full in October 2021

Operating lease commitments

Due in less than 1 year
Due in 1-2 years
Due in 2-5 years
Due in more than 5 years		 2022
2021
£
£
814
1,142
814
814
1,629
2,443
-
407
3,257
4,806

The above commitments relate to photocopier rentals.

19 Reserves policy

The trustees aim to retain sufficient reserves to cover 3 months operating expenditure and to retain a cash balance of £90,000 for potential restructuring costs in the event of a loss of a contract or significant change of operations.

20 Status

Age UK Stafford & District is a charitable company limited by guarantee, therefore having no share capital, incorporated in England and Wales. As at 31 March 2022 there were 9 trustees (2021: 9). Each trustee is obliged to contribute to the company a sum of £1 in the event of the company being wound up whilst he or she is a trustee, or within 1 year after they cease to be a trustee, for payments of debts and liabilities of the company contracted before he or she ceases to be a trustee and of the costs, charges and expenses of winding up, and for the adjustments of the rights of the contributors amongst themselves.

31

NOTES 32