Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 1 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 2 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 3 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 4 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 5 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 6 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 7 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 8 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 9 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 10 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 11 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 12 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 13 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 14 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 15 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 16 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 17 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 18 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 19 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 20 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 21 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 22 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 23 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 24 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 25 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 26 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 27 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 28 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 29 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 30 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 31 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 32 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 33 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 34 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 35 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 36 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 37 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 38 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 39 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 40 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 41 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 42 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 43 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 44 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 45 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 46 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 47 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 48 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 49 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 50 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 51 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 52 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 53 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 54 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 55 Steve Hambleton, Vice Finance Trustee, pp Brian Dinsmore Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 56 21 September 2023 Age UK Nottingham & Nottinghamshire. Registered Charity No 1067881 year ended 31st March 2023 57 Independent auditor’s report to the members of Age UK Nottingham & Nottinghamshire ## Opinion We have audited the financial statements of Age UK Nottingham & Nottinghamshire (the ‘parent charitable company’) and its subsidiaries (the ‘group’) for the year ended 31 March 2023 which comprise the consolidated statement of financial activities, the group and parent charitable company balance sheets, the consolidated statement of cash flows and the 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 FRS 102 The Financial Reporting Standard applicable in the UK and 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 group’s and of the parent charitable company’s affairs as at 31 March 2023 and of the group’s incoming resources and application of resources, including its income and expenditure, for the year then ended - Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice - Have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011 ## Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the group financial statements section of our report. We are independent of the group and parent 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. ## Conclusions relating to going 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 Age UK Nottingham & Nottinghamshire'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. 58 Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. ## Other Information The other information comprises the information included in the trustees’ annual report, including the strategic report, other than the group financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the group financial statements does not cover the other information, and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the group financial statements or our knowledge obtained in the course of 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 group financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: - The information given in the trustees’ annual report for the financial year for which the financial statements are prepared is consistent with the financial statements - The trustees’ annual report has been prepared in accordance with applicable legal requirements ## Matters on which we are required to report by exception In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and Charities Act 2011 requires us to report to you if, in our opinion: - Adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or - The parent charitable company 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 59 - We have not received all the information and explanations we require for our audit; or - The directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the trustees’ annual report and from the requirement to prepare a strategic report. ## Responsibilities of trustees As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the parent 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 group’s and the parent charitable 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 group or the parent charitable company or to cease operations, or have no realistic alternative but to do so. ## Auditor’s responsibilities for the audit of the financial statements We have been appointed auditor under the Companies Act 2006 and section 151 of the Charites Act 2011 and report in accordance with those Acts. Our objectives are to obtain reasonable assurance about whether the financial statements as a 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 (UK) 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 responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below. 60 ## Capability of the audit in detecting irregularities In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following: - We enquired of management, which included obtaining and reviewing supporting documentation, concerning the group’s policies and procedures relating to: - Identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance; - Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud; - The internal controls established to mitigate risks related to fraud or noncompliance with laws and regulations. - We inspected the minutes of meetings of those charged with governance. - We obtained an understanding of the legal and regulatory framework that the group operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the group from our professional and sector experience. - We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. - We reviewed any reports made to regulators. - We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations. - We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. - In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report. 61 ## Use of our report This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might 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. Fleur Holden (Senior statutory auditor) ## 24 October 2023 for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006 62 Age UK Nottingham & Notlinghamshire Consolidated statement of financial activities (incorporating an income and expenditure account) For the ear ended 31 March 2023 2023 2022 George Henry Franci5 Payling 5 Charity Restricted Endowment Unrestricted Designated Total Total Note Income from.. Donations and legacie5 216,521 274.712 265,853 Housing Services Advice Advocacy Health & Wellbeing Core Service5 Shops Other trading activities Merchandising Income Fundraising Incorne Sale of Business Directory listin95 Fees and Contribution5 Inve5tment5 Other 9,700 73,324 205,496 1,014,236 106,021 263,159 82,385 272.859 155.709 205.496 230,246 63,760 173,233 965,095 107,451 6,905 4b 4d 96,797 ,430 107.451 4f 54,364 17,323 121,695 219,333 24,814 2,843 54.364 18.970 121.695 219.333 25.333 2.843 89,813 12,416 139,160 131,067 5,450 685,922 ,647 519 Total income 2,065,670 503,609 519 2.569.798 2,876,371 Expenditure on.. Cost of raising fund5-. Merchandising Costs Fundraising C05t5 Busine55 Directory Costs 80,517 12,086 98,949 46,841 127.358 12.096 98.949 144,814 99,679 Housing Services Advice Advocacy Health & Wellbeing Core Service5 17,614 105,799 191,525 1,180,423 275,362 304,495 86,542 160 117,346 3,655 322.109 239.168 191.685 1.398.190 370.133 282,745 180,959 145,812 ,139,035 484,113 45,544 ,282 100,421 91,404 (2891 Total expenditure 1,962,276 284,210 512,208 994 2.759.688 2,489,348 Net income I (expenditu￿) before net gains I Ilossesl on investments 103,394 1284,2101 18,5991 (4741 1189.8901 387,023 Net gains I IIos5esl on inve5trnents 1,628 (7611 867 14931 Net income I lexpenditurel for the year 105,022 1284,2101 18,5991 1189.0231 386,530 Transfers between fund5 175,4221 75,422 11.8721 12.7531 Net income I lexpenditurel before other recognised gains and losses 27,728 1208,7881 18,5991 1190.8941 383,777 Net movement in funds 27,728 1208,7881 18,5991 1190.8941 383,777 Reconciliaiion of funds.. Total fund5 brought forward 1,283,279 1,337,942 65,792 53,663 2.740.676 2,356,899 Total funds carried forward 57,193 52,428 2.549.782 2,740,676 All of the above results are derlved from contlnuln9 actlvltles. There were no other reco9nised 9ains or losses other than those stated above. Movements In 63 Age UK Nottingham & Nottinghamshire Balance sheets Company no. 3455485 As at 31 March 2023 The group 2023 The charity 2023 2022 2022 Nore Fixed a$5ets'. Age UK Nottingham & Notttingam5hire Tangible assets Investments George Henry Francis Payling's Charity Investments 202,978 451,628 208,305 202.866 45 1.720 205,048 92 9.831 10,592 9.831 10,592 664,436 218,897 664.416 215,732 Current asset5= Age UK Nottingham & Notttingam5hire Stock Debtors (including due after one yearl Cash at bank and in hand George Henry Francis Payling's Charity Cash at bank and in hand 23.987 453,121 1,640,064 23,259 552,653 2,302,032 23.987 596.752 .615.026 23,259 701,872 2,287,257 2,158,944 2,922,061 2.277,537 3,056,505 Creditors.. amount5 falling due within one year Age UK Nottingham & Notttingam5hire George Henry Francis Payling's Charity 1286.5671 15001 1415,1221 15001 1270,3711 15001 1388,3281 15001 Net current assets 1,871,877 2,506,439 2,006,666 2,667,677 Total asset5 less current liabilitie5 2,536,314 2,725,336 2,671,082 2,883,409 Total net assets 2.536,314 2,725,336 2.671.082 2,883,409 Funds.. Age UK Nottingham & Notttingam5hire Resrricted income funds Unrestricted income funds.. Designared funds General funds George Henry Francis Payling's Charity Permanent Endowment 28a 57,193 65,792 57,193 65,792 1,129,154 1,311,007 1,337,942 1,283,279 .129.154 ,432,308 1,337,942 1,426,012 52,424 52,424 52,424 52,424 Expendable Endowment Funds of the Charity Minority Interest Total funds 1,239 2,740,676 115,3401 2,725,336 1,239 2,883,409 2.549,782 113.4681 2.536,314 2,671,082 2.671.082 2,883,409 Approved by the trustees on 21 September 2023 and signed on their behalf bv Chris Dorkes Director Sreve Hambleron Director 64 Age UK Nottlngham & Nottlnghamshlre Consolldated statement of cash flows For the ear ended 31 March 2023 Note 2023 2022 Cash flows from operatlng actlvltles Net Incomellexpendlture} for the year las per the SOFA) Adjustments for". Deduct Interest Income and Rent Depreciation charges (Gainslllosses on investments Lossllprofitl on sale of fixed assets IlncreasellDecrease in stocks Ilncreaselldecrease In debtors Increaselldecreasel In creditors {189.022} 386,530 {25.7781 58.285 1867} {2.417} {7281 104.697 {133.7201 15,4501 86,690 493 1644,4801 655 162,1961 244,762 Net cash provlded by lused Inl operatlng aalvltles {189.5491 7,004 Cash flows from Investlng actlvltles.. Dividends, Interest and rents from Investments 25.778 5,450 Proceeds from the sale of property, plant and equipment Purchase of property. plant and equipment Purchase of investments 5.517 156.0581 {450,0001 900,001 124,8591 Net cash provlded by l (used In} Investlng acrlvltles {474.7631 880,592 Change In cash and cash equlvalents In the year 1664.312) 887,596 Cash and cash equivalents at the beginning of the year 2.346.149 1,458,553 Cash and cash equlvalents at the end of the year 1.681.837 2,346,149 Analysls of cash and cash equlvalents and of net debt Other non- At 31 March cash 2023 changes At l Aprll 2022 Cash flows Cash at bank and in hand 2.346.149 1664.312) 1.681.837 Total 2.346.149 1664.312} 1.681.837 65 A9È UK Nottinyham & Nottingh¥mshlre ttte$ to thÈ financi￿ statemtnts For th Ima l A¢¢ountiny poli¢ie$ a) Statutttry information Age UK Nottingham & Nottinghamshire 15 a charitable cotnpany limited by guarantee. The registered office addre55 is Age UK Nottingham & Nottinghamshire, The Sybil Levin Centre. 577a Nuthall Road, Nottingham. Nottlngharn5hire, NG8 6AD. The financial statement5 have been prepared In accordance wth Accounting and Reporting by Charitie5 Staternent of Recomrnended Practice applicable to These financial Statements con501idate the re5uIt5 of the charity and it5 5ub51diary undertaking5 AUBD Lirnited and Age UK Notts Men In Shed5 CIC. A separate Companie5 Att 2006, A surnmary of the result fDr the year 15 d151105ed In the nDte5 to the account5. c) Publit benefit Èntity d) Going ton¢Èrn reserves. t) Voluntary In¢omt Grant Intome The total incorne frDtn government grant5 15 £45,600 12022.- £25,060). These grant5 and perfortnance related service agreernent iniome 15 included in the between restricted and unre5tricEed. A5 at 315t Ma￿h 2023. there are no unfulfilled conditions attached to grant5 or service level agreernent5. 9) DeferrÈd incomt Incotne. h) Fix*d Assttg Expenditure on fixed a5set5 ha5 been capita115ed when over £200 and depreciated In order towrite off each a55et over Its estimated useful life at the following Freehold Property Computer Equiptnent Van5 & Minibu5e5 Car5 Leasehold lrnprovernent5 Impaimients ttf fixÈd assets An a5se55rnent 15 tnade at each reporting date of whether there are indicatiDll5 that a fixed a55et may be itnpaired or that an impairtnent loss previously Investment In¢omt Gifts in Kind & Donatsd Goods fttr expended when they are 5Dld. No value 15 plaied Shop stock of second-hand goods which have an e5tirnated value of le55 than £1 00 however itern5 valued at higher than £1 00 are recorded and shown as Shop donatlOn5. 66 A9È UK Nottinyham & Nottingh¥mshlre ttte$ to thÈ financi￿ statemtnts For th Ima l A¢¢ountiny poli¢ie$ 1¢ontinyÈd) k) DlrÈ¢t Charitable ExpÈnditu D Fundg De$i9nated Funds Amount5 d15c105ed as designated funds have been Set a51de by the Tru5tee5 for Specified object5 a5 Set out in Note 20. Restritted Funds EndtwimÈnt fvnds Amount5 d15cID5ed as endowrnent fund5 represent those a55ets which be held perrnanently by the Charity. principally Investment5. Incorne ar15ing on the UnrÈstri¢ted Funds Any other funds held by the Charity are clas51fied as unrestricted and tnay be used a5 deemed appropriate by the Tru5tee5 to further the objects of the Charity. ml Voluntary Help The Trustees re(￿nIse the Significant contribution tnade byvolunteer5 who give freely of their tirne. It 15 not practicable to place a value on this contribution. During the year 261 volunteer5 12022.-2691 SUPPDrted the Charity in a variety of role5, more detail can be found throughout this report. n) PÈngittn Costg The Charity rnakes contributions to a number of defined contribution personal pension scherne5 on behalf of It5 etnployees. The a55ets of these 5chernes are o) Operating LÈases Operating lea5e5 are charged on a straight-line basi5 over the period of the lease. p) Allotation of Funds ¥￿thIrt Nots 5 Support cost5 are allotated out across all Scheme5 Yllthin the Charity based on the proportion of staff within the area. This 15 Itemi5ed a5 overhead5 recharged q) PAinttrity Inte￿$t the parent (Dmpany and l 0% to VISAV. Investment$ and SharÈ Capital the Charity aicount5. The parent cDmpany hDld5 fund within an Inve5trnent portfoliD5 tnanaged by Brewin Dolphin Ltd. Gain5 and 1055e5 on d15P05al The GeDrge Henry Francis Payling5 Charity hDlds fund within Corntnon Inve5trnent porrfoliD5. Cain5 and 1055e5 on disposal & revaluation of these Investments sl Stock Stock 15 shown at the lower of c05t and net rea115able value. t) Outstanding Paid AThrtu￿ LÈavÈ and Sick Leave All annual leave and Sick leave are paid during the year. Employee5 are not able to carry annual leave over to the next year. ) Debtors and Creditors Debtors at atnDrtised cost, being the transaction price less any amount5 settled and any Impairment losses. c￿ditOrS normally reC￿nised at their settletnent arnount after allowng for any trade d15counts due. 67 A9È UK Nottinyham & Nottingh¥mshlre ttte$ to thÈ financi￿ statemtnts For th Ima l A¢¢ountiny poli¢ie$ 1¢ontinyÈd) v) Cash and Cash Equivalent$ wl Financi￿ Instruments x) Critital Estimates and ArÈas of Jud9Èment 68 A9È UK Nottinyham & Nottingh¥mshlre ttte$ to thÈ financi￿ statemtnts For th Ima 2 Detailed ¢omparativts for the statemtnt of financial adi￿tieS 2022 Ceorge Henry Endtwment Unrestricted Designated Incomè from.. 124,239 265.853 Crant5 and Service Agreement5-. 9,000 31,000 221,246 32,760 230.246 63.760 Advice Advocacy 856,032 109,063 1,430 965.095 Shop5 6,905 6.905 erchand151ng Incorne 89,813 306 126,394 5,229 685,922 4,673 Investment5 Other 15ale of head office in 20211221 5.450 685.922 TO￿ intttm* ExpÈnditur* on.. 2,382,433 493,717 2,876.371 142,878 1,936 Trading Sub51diary Cost5 99,679 99.679 Hou51ng Service5 Advice Advocacy 4,940 277,805 66,057 450 57,444 282.745 180.959 145,362 960,937 256,599 20,654 640 TO￿ txpenditurÈ 1,735,703 625,579 2.425 2,489.34B Net intome l *xpÈnditurÈ b*ftsrÈ 9ain$ I Ilosses) on invÈStmÈnts 646,730 387.023 Net intome l *xpÈnditure Transfers betbveen fund5 646,730 386.530 604,815 Net movemÈnt in funds TO￿ funds brttuyht forward 39,162 479,174 858,768 383.777 56.360 2,356.899 197,654 Total fund5 carried fotward 1,283,279 ,337,942 65,792 53.663 2,740.676 69 A9È UK Nottinyham & Nottingh¥mshlre ttte$ to thÈ financi￿ statemtnts For th Ima 3 Income from donations and legacies 2023 TO￿ Unrestricted 2022 Advantage Social Enterprise CIC Anonymou5 Trust Capital One 15,000 15,000 30,000 1,000 30.000 1,000 21,000 21,000 300 300 400 400 J Fahey The Gray Trust The J N Derbyshire Trust The Sir John Ea5twDDd FDundation 300 300 2,000 2,000 2,300 2,000 15,000 2,660 82,467 2,300 2.000 15.000 2.660 82.467 Others <£250 Legacie5 2,390 2,390 72,812 Housin9 SÈThice$ 36,000 36,000 44.000 44.000 Ga5 Safe 1,600 1,600 35 6,300 1.600 1.600 National Crid Comrnunity Matters Fund 6,300 Anonymou5 Capital One Capital One 1,000 1,000 5.000 2.000 22.500 1.000 5.000 2.000 22.500 1.000 The GeDrge Payling'5 Charity The PAPET Trust 1,2B2 2000 1,282 2,000 2.000 2.000 Advo¢ary 400 50 400 50 160 Health &Wellbeiny co￿￿-19 Welfare 5ervlce.' The EDDts Charitable Trust- Dernentia Support 2.500 2,500 Sest FoorFornarÉl VolunreerPrekentlon." 1,034 ,034 45 5.000 1.000 25.000 45 5.000 1.000 25.000 CS Court Capital One Christmas & Beyond Connect loo Men inShed5 573 573 83 B3 P Brarnmer- Work50P A5da Store5 Ltd 6.500 200 6.500 200 1,000 1,000 1,000 1,000 e SybilLevin Centre." 305 4,600 305 4,600 200 200 Screwfix FDundation Warburtons Comtnunity Fund 3.000 3,000 Shops 2,919 2,919 274,712 5,587 5,567 265.853 124.239 70 A9È UK Nottinyham & Nottingh¥mshlre ttte$ to thÈ financi￿ statemtnts For th Ima 4 Income from charitable artiwties 2023 2022 TO￿ Unrestricted l Re5tricEed Housin SeMce5 Nottingham City Council- Warm Hotne5 Hub E.ON - Warm Hotne5 Hub Age UK(E.ON- Energy Checks Age UK(Lloyd5 Scarn5 Stnart Energy CE in Cotnmunitie5 Safe & Sound 40.260 130.367 40.260 30.367 9.000 i 0.000 9,700 9,700 40,000 9,000 40,000 10.ooo 19.990 19.990 Scams 15.89B 15.898 Energy Saving5 Trust Wartn & W15e 223,159 272,859 9,700 263,159 9,000 221.246 230.246 Advice Age UK Icompanv 32,760 32,760 39,530 36,000 32.760 32,760 31.000 39,530 31,000 36,000 Nottingham City Council- Household Support VDucher5 Nottinghamshire County Council Crant Aid (Covernment Crant 33,794 33,794 13,625 Sub-total for Advice 73,324 82,3B5 55,709 31,000 32.760 63.760 AdvDiai Nottingharn City Care Partnership City Care Hotne AdvDiaiv 56,331 Tru5t- QMC Advocacy 36,813 36,813 Nottinghamshire Healthcare NHS Foundation Tru5t-Ling5 Bar Advocacy 26,814 26,814 24,097 24.097 Nottinghamshire Healthcare Trust Worry Catcher 35,538 35,538 34,944 34.944 MHSOP Hospital D151harge so,000 50,000 45,870 45.870 Sub-total for Advocacy 205,496 205,496 71 A9È UK Nottinyham & Nottingh¥mshlre ttte$ to thÈ financi￿ statemtnts For th Ima 4 Income from charitable artiwties Icontinutdl Health &Wellbeiny Nottinghamshire Country Council-. Crant Aid Icoverntnent Grant) Men In Shed5 Grant Jknd Icoverntnent Grant) Connect One Step at a Titne Newark & Sherwood District Council Crant Men In Shed5 Bildworth 21,800 21,800 16.870 16,870 8.190 8.190 474.772 26.124 490,669 490,669 24,621 474,772 24,621 26.124 200 200 Men In Shed5 WDrksop NHS NDttlll9ham & Nottingharn5hire CCC-. 300 300 194,189 34,896 35,941 9,347 204,566 204.566 IAPT Support Worker in Emergenry Departtnent UCR- Home Re5PDll5e Nottinghamshire Healthcare NHS Foundation Tru5t- Carer5 Support Nottingham City Council-. Wellbeing at HDtne 34,896 35,941 9,347 2,681 2.661 64,602 64,602 1,762 1,762 118.000 27,439 27,439 COVID Testing Crant Active Partner5 Tru5t- Best Foot Forward Age UK". 6,752 6.752 6.130 6,345 8,345 6.130 1,667 5,747 6,067 1,667 5,747 6,067 833 3.333 833 3,333 Walking PrDgratnme Big LotteryiAwards for All COVID 19 3,333 3,333 Nottingham Citycare Partner5hip- FoDtcare Semie The Veteran5 Foundation 36,062 36,062 36,062 36.062 8.750 8,750 Arrned Force5 Ctwenant Fund Tru5t- l B,375 18,375 35.000 35.000 1,014,236 96,797 B56,032 109.063 965.095 Core Services Age UK". Supporting Friend5 of Age Uk Retainer Core Crant 1,500 10,ooD 94,521 1,500 10,000 94,521 1,500 io,000 94,521 i 0.000 94.521 Age England Association Meetln95 1,430 ,430 Sub-total for Core Service5 1,430 107,451 Shops Grant Income 6,905 6.905 1,408,778 443,771 ,852,549 364.499 ,546.690 72 Age UK Nottingham & Nottinghamshire Note5 to the financial Statements For the ar ended 31 March 2023 5a Analysis of expenditure (current yearl Charitable activities Raising funds Housing Services Health & Wellbeing Core Services Governance C05t5 Support costs 2022 Total Advice Advocacy 2023 Total Staff c05t5 INote 71 Depreciation Advertising & Recruitment Audit & Tax Work Fee5 Donated Stock rants repair work5 ror individuals Legal & Professional Mi5cellaneou5 Office Expenditure Property Costs Training Tran5portlShed Costs Travel and Volunteer Expen5e5 Business Directory non-staff costs 143,194 131,733 278 3.803 185,022 147,745 892,110 17,008 14,863 785.255 39.624 432 1.682 23,778 92 285,326 1.994,162 58,285 26,092 15,531 425 1.800,101 86,689 23,41 12,943 3,945 277 5,464 1,252 13,848 425 38,689 97,430 6,800 7,552 6,976 941 38,689 76,592 26,337 74,683 86,959 12,100 30,937 89,723 29,172 7,929 93,663 32,498 145,791 148,401 19,325 16,489 58,629 39,535 4,759 17281 9,095 15,357 307 3,825 3,910 29,172 8,011 53,777 8,501 57,033 43,795 3,899 26,014 64,577 12.601 11.763 86.677 13.152 5.712 1.098 7.545 10,380 7,680 801 2,903 1,044 440 3.047 4,652 5,820 173 210,696 297.250 222,190 158,160 1 181,577 365.542 38,947 285,326 2.759,688 2.489,348 Support Costs 24,379 21.873 14,939 29,498 190,596 4.040 1285,3261 Governance costs 3,328 2,986 2,039 4,02 7 26,017 551 138,9471 Total expenditure 2023 238,403 322,109 239,168 191,685 1,398,190 370,133 2,759,688 Total expenditure 2022 269,865 277,414 76,159 145,811 1,136,722 483,376 2.489,348 73 Age UK Nottingham & Nottinghamshire Notes to the financial statements For the ear ended 31 March 2023 5b Analysis of expenditure (prior yearl Charitable activiries Raising funds Housing Services Health & Wellbeing Core Services Governance costs Supporr costs Advice Advocacy 2022 Total Staff costs (Note 71 Depreciation Advertising & Recruitment Audir & Tax Work Fees Donated Srock Granrs repair works for Legal & Professional Miscellaneous Office Expenditure Property Costs Training Transportlshed Cosrs Travel and Volunteer Expenses Business Directory non-sraff cosrs 133,738 3,754 1,226 186, 798 638 9,336 137,144 187 479 108.329 749.173 29.470 10.896 222,731 52,373 11071 861 20.223 267 465 12.082 241,966 1.800,101 86.689 23.411 12.943 3.945 7.929 93.663 32.498 145.791 148.401 19.325 16.489 58.629 39.535 3,945 7,929 4,630 235 6,852 8,701 34,788 281 5,990 2,351 39,535 1,785 39 6.788 2.303 1,582 49.410 22.417 36.584 16.374 10.470 10.248 43.251 37,577 3,190 80,557 67,609 4,116 251 7,379 26 8,823 27,139 2,684 3.360 978 187 192 2,759 1,553 199 241,396 250,736 151,859 114.134 978.294 476,536 34.426 241,966 2.489.348 Support costs 24,923 23,355 21,273 27.731 138.695 5,988 1241 ,9661 Governance costs 3,546 3,323 3,027 3.946 19.733 852 134,4261 Total expenditure 2022 269,865 277.414 176.159 145.811 1,136.722 483,376 2.489.348 74 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 Net Income I lexpendlturel for the year 2023 2022 Depreclation ad¢J in tradinq 58.285 (2.417) 86.690 1644,4791 Property Other Audltor's remuneratlon (excludin9 VATI.. Audlt 37.876 4fj.914 49,320 9.905 9,780 628 Forelgn exthan9e gains or losses Analysls of staff costs. trustee remunerarion and expenses. and the cosi of key managemeni personnel Staff costs were as follows-. 2023 2022 Salarles and wages Redundancy and termlnatlon costs 1.804.089 ,623,922 33.037 57.036 119,406 56,773 Employer's tontrlbutlon to defined contributlon penslon schemes 1.994.162 1,800,101 The followlng number of employees recelved employee beneflts lexcludlng employer pension costs and employer's natlon31 Insurance) durlng the year between. 2023 No. 2022 No. £60.000- £69,999 £70.000- £79,999 £80,000- £89,999 £90,000- £99,999 The total employee benefits lincludin9 penslon contrlbutlons and employer's national Insurance) of the key management personnel were £219,846 12022.- £184,346). The charity trustees were nelther pald nor recelved any other beneflts from employment wlth the charlty In the year 12022.. £nlll. No charlty trustee Trustees. expenses represents the payment or relmbursement of travel and Subslstence costs totalllng Enil 12022. £1491 Incurred by 0 12022. 21 members relatin9 to attendance at meetlngs of the trustees. staff numbers The average number of employees (head Count based on number of staff employed) durlng the year was 92 12022.- 861. 2023 No. 2022 No. Direct Charltable Services 49.0 46.0 Manaoement and Administratlon of the Charlty 16.0 14.0 fj8.0 63.0 75 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 Relared party transacrions Durlng the year the tharlty retharged management charges totallin9 £7,667 12022.- £7,68BI, rent £1,800 12022. £1,8001, salarles of £55,511 12022. £59.6681, loan Interest of £6,376 12022-. £2,002) and other rechar9es of £6,106 12022. £4,068) to AUBD Llmlted and recelved tommlsslon from AUBD Limlted of £2,671 12022. £2,8661. £nill to Aye UK Notts Men in Sheds C.l.C. and received from Age UK Notts Men In Sheds C.l.C a glft alded donatlon of £nil 12022. £nlll. Incl￿ded wlthin amounts due from subsidiary undertakin9s and owed to the charlty at year end was £137,753 12022. £141,404) due from AUBD Llmlted and £9,392 12022-. £10,035) from A9e UK Notts Men in Sheds C.l.C. There are no donations from related partles whlch are outslde the normal course of business and no restrlcted donations from related partles. l O Taxarion AUBD Llmlted & A9e Uk Notts Men in Shed C.l.C. dlstrlbutes under Gift Ald available profits to the parent charlty. Its charge to corporatlon tax In the year was. 2023 2022 UK corporatlon tax at I Tan9lble flxed assets The group Freehold property Flxtures and Computer eoulpment Motor Improvements Total Cosi At the start of the year 83,695 458,84S 237,287 22,473 51,367 200 18,9901 946.449 56.058 Disposals In year At the end of the year 101,930 45B,84S 126,187 259,760 42,577 989.299 Depreclatlon At the start of the year Charge for the year 34,543 375,328 2,242 77,902 8,076 209,599 40,772 10,645 18,9901 738.144 58.285 At the end of the year Net book v&ue Ai rhe end of rhe year 44,742 387,570 84,861 226,722 42,427 786.322 57,188 33,038 202.978 At the start of the year 49,152 83,518 37,352 27,688 10,595 208,305 The charlry Freehold property Flxtures and Computer eoulpment Motor Improvements Total Cosi At the start of the year 83,695 458,84S 110,498 51,367 200 18,9901 919.777 56.058 18.9901 22,473 Disposals In year At the end of the year 101,930 45B,84S 125,648 237,844 42,577 966.845 Depreclatlon At the start of the year Charge for the year 34,543 10,199 375,328 2,242 76,403 8,031 187,683 40,772 10,645 18,9901 714.729 58.240 18.9901 At the end of the year 44,742 387,570 84,434 204,806 42,427 763.979 Net book v&ue Ai rhe end of rhe year 57,188 71,276 33,038 202.866 At the start of the year 49,152 83,518 34,095 27,688 10,595 205,048 76 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 Invesrments Georye Henry Francls Payllng's Charlty 2023 The group 2023 The charlry 2023 2022 2022 2022 Cost and net book value At l April 2022 0.592 450.000 11,084 92 450.000 92 10.592 Disposals 867 461.459 14921 10,592 1.628 451.720 At 31 March 2023 92 9.831 10,592 Group Investments comprlse.. 2023 2022 UK Common investment funds Cash 450.116 10,592 461.459 10,592 77 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 13 5ubsldlary Companles 2023 2022 Invesrments Age UK Local Tradlng Llmited AUBD Llmlted Totsi 90 92 90 92 AUBD Ltd Company Number 063939fj6 The charity owns 90% of the Issued ordlnary share caplt31 of AUBD Ltd, 3 company reglstered In En9land. The annual interest to be pald on the loan from the Charlty is 0.73% above base rate. All actlvltles have been consolldated In the SOFA. The net proftt Is glfted to the Charity and VISAV, wlth the exception of funds needed as working tapltsl Withln the tradln9 tompany. A summary of the results of the subsldlary Is shown below-. 2023 2022 Turnover 11fj.332 (6,6841 126,299 Gross profli Admlnlstr3ti¥e expenses 109,648 (88,9861 Proflt on ordlnary artlvllles before Interesr and raxaiion 20.fj62 30,465 Proflt for rhe flnanclal year 20,fj62 30,465 Reialned earnln9S Totsi retalned earnlngs brought for4Yard 1153,5021 20.fj62 (1.9371 30,465 Total retalned earnlngs carrled forward 1134.7771 The a99re9ate of the assets, Ilabllltles and reserves was. Assets 19.fjoo 1154,2771 5,852 ReseNes 1134,6771 Age UK Notts Men In Sheds Company Number 11722728 The Charity wholly Owns the Age UK Notts Men In Sheds CIC, a company reglstered In England. A summarv of the results of the subsldlarv Is shown below-. 2023 2022 Turnover 5.363 12,861 Gross profll 5.363 Admlnlstrative expenses 17841 Proflt I Ilossl for rhe flnanclal year 4.579 Reialned earnln9S Totsi retalned earnln s brought forward (4.5791 4.579 Total retalned earnlngs carrled forward 14,5791 The a99re9ate of the assets, Ilabllltles and reserves was. Assets 9.392 (9.3921 13,646 ReseNes 14,5791 As the prlnclpal actlvlty of the Age UK Notts Men In Sheds C.l.C. ceased on 31, December 2022thai Ilnancihl sL4￿Ments have noibeen prepared on a golng concern basis but on the bashs that the company Is to become dormant durln9 2023124. 78 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 Parent charlry The parent charlty's gross income and the results for the year are dlsclosed as follows. 2023 2022 Gross Income 2.4fj3.301 2,750,287 363,043 Debtors The group 2023 The charlty 2023 2022 2022 Other debtors due after one year 54.484 68,057 54.484 68,057 182.955 17.138 66.478 359,663 28,208 29,918 182.955 1fj.500 63.276 147.471 132.066 359,663 27,36B 28,126 Prepayments Other debtors due Withln one year Amounts due from subsldiary undertaklngs 132.066 66,807 66,807 453.121 552,653 59fj.752 701,872 16 Credirors.. amounts falllng due wiihln one year The group 2023 The charlty 2023 2022 2022 Age UK Notrin9ham & Notrringamshlre Accruals and deferred Income Taxation and Social security 280.122 6.445 263.926 6.445 375,137 Georye Henry Francls Payllng's Charlty Accruals and deferred Income 500 500 500 500 287.067 415,622 270.871 388,828 Deferred Income Deferred Income wlthln the Charity comprlses of grants and donatlons recelved In advance whlch are to be used for actlvltles and servlces due to start on or after l Aprll 2023. AUBD Ltd also has deferred Income in the form of company fees pald for their Dlrectory Ilstlng after 31 March 2023. The group 2023 The charlty 2023 2022 2022 Balance at the beglnnlng of the year Amount released to income In the year Amount deferred in the year 298.819 1298,8191 l61.780 107,980 1107,9801 298,819 282,741 1282,7411 54.152 96,595 282,741 Balance at the end of the year 161.780 298,819 154.1 52 282.741 18 Penslon scheme The Group operates a deflned contrlbution penslon scheme. The penslon char9e for the perlod represents contrlbutlons payable by the Group to the scheme and amounted to £57,036 12022. £56,733) 79 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 19a Analysls of group nei assets btheen funds Iwrrenr year) Deslgnated funds funds Total funds 187,602 15,376 202.978 Investments 451,628 671,777 9,831 84,414 461.459 .885.345 Net assers ai 31 March 2023 1,311.007 1,129,154 109,621 2.549.782 19b Analysls of group nei assets btheen funds Iprlor year) Deslgnated funds funds Total funds 185,140 23,165 208.305 Investments 10,592 85,698 10.592 2.521.779 1,098,139 1,337,942 Net assers ai 31 March 2022 1.283.279 1.337.942 119.455 2.740.676 80 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 20a Movemenis In funds (current yearl Income & Expendlture & 9alns Mlnorlty Af 31 Ma￿h 2023 At l April 2022 Transfers Resrrlcred funds.. Housing Advice Advocaty Health & Wellbelng 307,679 86,667 1304,4951 186,5421 19.27fj 1.269 31,904 16,653 107,672 1,430 22.221 14.428 Total restrtcied funds 503 609 Geor9e Henry Francls Payllng's Charity Unrestrlrted funds.. Deslgnated funds.. 40,000 34,528 i 0,000 14,238 14,693 2,640 0,000 639 40.000 41.184 i 0.000 i 0.000 3.000 442.180 Management Restructure Trainin9 & Staff Conference EDI Communicatlons Health & Safety 12,6401 3,000 532,913 35,000 16,962 25,000 420,000 39,607 190,7331 135,0001 Dementla Strategy- SPECAL Evaluation & Development Men In Sheds AUBD- Website Development 4.767 25.000 386.81fj House Clearance 139,6071 Asset relnvestment funds. Informatlon Techno109y 32,480 56,452 52,000 40,000 16,667 38.140 56.067 52.000 20.000 Property Refurblshment Total deslgnated funds 122,9621 2,962 1,337,942 75,422 Falr value reserve Revaluarion reseThe General funds 1,283,279 2,067,298 1.311.007 Total unrestTlrted funds 2,067,298 12,246,486) 2.440.161 1,872 113.4fj8 Total fvnds 2,725,336 2,570,907 12,758,694) 2.536.314 The narrative to explain the purpose of each fund 15 9lven at the foot of the note below. 81 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 20b Movemenis In funds (prlor year) Income & Expendlture & 9alns Mlnorlty Af 31 Ma￿h 2022 Transfers Resrrlcred funds.. Housing Advice Advocacv Health & Wellbelng 22,162 106 271,734 67,09S 450 153,008 1,430 1277,B051 166,0571 16.091 36,340 139,046 31.904 16.653 Total resirtcted funds 197,654 493,717 1625,5791 65.792 Geor9e Henry Francls Payllng's Charity 56,360 53.663 Unrestrlrted funds.. Deslgnated funds.. 40,000 34,528 i 0,000 3,000 532,913 1,936 5,628 40.000 34.528 i 0.000 3.000 532.913 35.000 16.962 25.000 420.000 39.607 Additional Staff Tlme Contlngency Management Restructure Trainin9 & Staff Conference Health & Safety 1,487 Dementla Strategy- SPECAL Evaluation & Development Men In Sheds AUBD- Website Development 18,6401 43,640 28,976 25,000 420,000 39,607 House Clearance Asset relnvestment funds. Informatlon Techno109y 25,592 100,159 43,600 40,000 116,7791 168,8731 23,667 25,166 8,400 10,284 32.480 56.452 52.000 40.000 Property Refurblshment Total deslgnated funds B58,76B 604,815 ,337,942 General funds 2,382,433 .283.279 Total unrestrlrted funds 2,102,885 2,382,433 2.621.221 115.3401 2,753 Total fvnds 2,338,806 2,876,150 12,486,923) 2.725.336 82 Age UK Noiiingham & Noiiinghamshlre Nores ro the financ1& starements For th ar l M rch2 Purposes of restrlrted funds Houslng restrlcted fundlng Is used to provide services Includlng the Warm & Wlse project where advlte and measures are put In to help keep older people and thelr homes warm, Support With mlnor repairs to enable people to remaln In their own homes and to give advlce reagrdlng avoldlng being vlctlms of scams. Durlng the year we also provlded wlnter warmth packs to help those stru991in9 to keep warm durin9 the energy trlsis. Advlce restrcied funds awarded are used to provlde beneftts advlte to older people to ensure they are recelvlng all the funds whlth they are entitled Advocacy- any restrlcted donatlons resceived from people Usin9 the advocacy servlces are used to provlde advoGacy Withln hospltals. befrlendlng schemes where older people are vlslted In thelr Own homes or recelve telephone calls Men In Sheds where both men & women get alklng and walklng football. Some restrclted funds are Sued to provlde the SPECAL day service at our Sybll Levln centre. Core Servltes- funds are recelved to support communlcatlons between other A9e UK'S around the East and West Mldlands to share good practlse and Purposes of deslgnated fvnds additlonal staff tlme contlngency is to Cover any unexpected extra temporary work Outslde of the bud9et. We wlll hold a stsff tonference durlng the next year. The Eric Hallam Servlce Investment Funds is Income from 3 legary whlch Is deslgnated for future servlce investment, coverln9 shortfalls in Income. To support Implementlng the new Inclusion value 3n"EDI fund to be set up wlth £10,000 to cover costs reoulred to ensure as far as posslble we are The business dlrectory website run by AUBD Ltd requlres 3 refresh wlth the allocated designated funds to be used for thls purpose. As the Charlty no lon9er has a Clty centre slte, funds have been set aslde to cover l O years rent for a new Clty centre locatlon for older people to The asset relnvestment funds for Information Technology and Vehlcles are for the replacement of computer hardware and the Charltles vehlcles whlch wlll be spent as and when needed. There is a buildln9 asset relnvestment fund for the Charltles owned propertles to cover major repalrs that are not routlne maintenance such as replatlng roofs ett. The asset reinvestment fund for property refurblshment Covers any works needed to comply With lease agreements for bulldlngs which are leased and any potentlal dllapidatlon costs that may be Incurred when a lease comes to an end. Operaiin9 lease commltmenis payable as a lessee The group's total future mlnlmum lease payments under non-cancellable operatlng leases Is as follows for each of the followlng perlods. Land and buildlngs 2023 Other 2023 2022 2022 Less than one year One to flve years Over flve years 41.313 33.000 22,788 27,000 36.854 21.185 37,272 42,323 74.313 49,788 58.040 79,595 22 Legal Sratus of the charlry As a company Ilmited by guarantee, In the event of it belng wound up, every member Is 113ble to contribute a sum not exceedlng £1. There are no 83