2023-03-31-accounts - Age Concern Wandsworth

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		Pages:
Report ofthe Board ofTrustees
Reference and administrative information Structure, governance and management Objectives and activities		12-3 3-6
Achievement and performance Financial review		67-8
Independent auditor's report		9-11
Statement offinancial activities		12
Balance sheet		13
Statement ofcash flows
Notes to the financial statements		15 - 24

				Unrestricted	Designated	Restricted	2023	2022
			Notes	Funds f	Funds f	Fundsf	Total f.	Totalf
Income
Donations and	legacies		2	54,473			54,527	121,980
Charitable activities			3	2,500		1,814,095	1,816,595	1,242,618
Other trading activities			4	12,897			12,897	19,326
Investments			5	9,553			9,553	427
Total				79,423		1,814,149	1,893,572	1,384,351
Expenditure
Raising funds			6	2,526			2,526	6,078
Charitable activities			7	32,362		1,496,707	1,529,069	1,042,695
Total				34,888		1,496,707	1,531,595	1,048,773
Net income I(expenditure)		for the
year			11	44,535		317,442	361,977	335,578
Transfer between funds			16	(50,970)		50,970
Net movement	in funds		16	(6,435)		368,412	361,977	335,578
Total funds as	at 1 April 2022		16	466,662	106,932	410,348	983,942	648,364
Total funds at 31 March 2023			16	f460,227	f106,932	f778,760	f1,345,919	f983,942

			Notes	2023f	2022f
Current assets
Debtors			13	81,661	77,866
Cash at bank	and in	hand		1,363,624	987,546
				1,445,285	1,065,412
Creditors: Amounts		falling due
within one year			14	99,366	81,470
Net assets			15	F1,345,919	f983,942
Funds
Unrestricted	- General		16	460,227	466,662
	- Designated		16	106,932	106,932
Restricted			16	778,760	410,348
Total funds			16	f1,345,919	f983,942

DONATIONS	Unrestricted	Restricted	Total	Total
	funds	funds	2023	2022
		6		6
Donations	9,812		9,866	22,980
Legacies	44,661		44,661	99,000
	f54,473	654	f54,527	6121,980

INCOME FROM CHARITABLE	INCOME FROM CHARITABLE	INCOME FROM CHARITABLE	INCOME FROM CHARITABLE			Unrestricted	Restricted	Total	Total
ACTIVITIES /cont'd						funds	funds	2023	2022
						6	6	6	6
Wandsworth Borough Council
-Better at Home									2,232
- Infection Control Fund									22,580
- Befriending Plus									18,750
- Crimes against Older People							5,000	5,000	4,500
- Digipals							55,765	55,765	61,142
-Other						1,000		1,000	2,750
-Active/LGBTQ Chats							14,733	14,733	14,017
- Gwynneth Morgan Day	Centre						1,102,187	1,102,187	530,617
-Workforce Recruitmsnt	&	Retention			Grant				10,000
-Winter Pressures							40,021	40,021	60,000
Wandsworth Clinical Commissioning					Group
- Better at Home									1,358
- Active/LGBTQ Chats									6,865
- Roshampton Community		Shed					10,000	10,000
Battersea Healthcare Community				Interest
Company
-Better at Home							386,328	386,328	367,578
-Ageing Well							15,000	15,000
- Falls Prevention							14,000	14,000
The Henry Smith Charity
- Information and Advice							13,333	13,333	40,000
Age UK
- Information and Advice							62,909	62,909	16,655
-Active/LGBTQ Chats							11,804	11,804	12,450
-Other									10,000
Armed Forces Covenant	Fund Trust
- Information and Advice									17,884
Trust for London
- Information and Advice							32,300	32,300	13,500
Rackets Cubed
- Roehampton Community		Shed							1,000
Battersea Crime Prevention			Panel
-Crimes against Older People									500
Health and Exercise (Active			Friends)				14,580	14,580	10,414
ASDA
-Roehampton Community		Shed					1,000	1,000
Other income/grants						1,500	35,135	36,635	17,826
						F2,500	F1,814,095	61,816,595	61,242,618


OTHER TR	ADING ACTIVITIES	Unrestricted	Restricted	Total	Total
		funds f	funds f	2023 f.	2022f
Trading Commission —Age UK London
Trading	Ltd				4,517
Fundraising	Activities	12,897		12,897	14,809
		f12,897	fNil	F12,897	f19,326

5.	INVESTMENT INCOME		Unrestricted	Unrestricted	Restricted	Total	Total
			funds		funds	2023	2022
	Bank interest		f9,553		FNil	F9,553	f427
	All ofthe f427 recognised	in 2022 related to unrestricted		funds.
6.	COST OF RAISING FUNDS		Direct		Support	Total	Total
			costs f.		costsf	2023f	2022f
	Salaries		896			896	5,810
	Materials		108			108	268
	Staff Expenses		73			73
	Staff Recruitment		482			482
	Fundraising Cost		967			967
			f2,526		5Nil	f2,526	F6,078

	All of the 56,078 expendi for support costs.	ture recognised	in 2022 was charg	ed to unrestri	cted funds and	all were
7.	EXPENDITURE ON		Direct	Support	Total	Total
	CHARITABLE ACTIVITIES		costs	costs	2023	2022
	Provision of information,	advice and
	practical support to older	people
	(Notes 8 &9)		f1,456,447	F72,622	F1,529,069	f1,042,695


8.	ANALYSIS OF DIRECT COST	S	Total	Total
			2023 f	2022 f
	Staff salaries including payroll costs		998,781	666,816
	Volunteer training and expenses		525	124
	Staff training and expenses		10,313	16,331
	Consultancy costs		495	1,624
	Premises and related costs		249,675	144,059
	Printing, postage and stationery		7,307	6,353
	Office equipment maintenance	and furniture	21,185	33,111
	Telephone and fax		9,415	7,661
	Handy person materials		37,270	34,054
	Day Centre food purchase		11,472	5,457
	Day Centre care expenses		6,905	611
	Day Centre transport		84,295	34,722
	Other direct costs		18,809	26,279
			f1,456,447	f977,202
9.	ANALYSIS OF SUPPORT COSTS		Total	Total
			2023f	2022 f
	Staff salaries including payroll costs		46,031	39,534
	Staff training and expenses		1,659	1,293
	Other costs		2,545	2,639
	Premises and related costs		8,535	6,930
	Governance costs (sse note 10)		11,484	12,017
	Printing, postage and stationery		592	906
	Offic equipment, maintenance	and furniture	1,224	1,396
	Telephone and fax		552	778
			f72,622	f65,493
10.	GOVERNANCE COSTS		2023 F	2022f
	Audit fees		3,444	3,528
	AGM		455	1,065
	Insurance		7,585	7,424
			f11,484	f12,017
11.	NET INCOME FOR THE YEAR		2023	2022
	This is stated afler charging: Audit fees		f3,444	f3,528
	Operating lease rentals		f225,292	f136,355

				/contd. ..
STAFF COSTS									2023	2022
Wages and salaries									920,171	630,720
Social security costs									79,486	50,208
Pension costs									43,867	29,359
Payroll administration									2,184	1,873
									f1,045,708	f712,160
The average number of	employees		during	the year	was	as follows:			2023	2022
									No.	No.
Chief Executive									1.00	1.00
Administrative staff									1.80	1.30
Charitable activities									29.30	16.00
									32.10	18.30
1 employee (2022: 1)received total employee benefits (excluding the band f90,000 tof100,000(2022:f60,000 tof70,000).							employer		pension costs)	which fell in
The members ofthe Board received			no remuneration		or	reimbursement		ofexpenses (2022:fNil).
Total employee benefits received tof101,726 (2022 - f73,861).		by key		management,		including	employer's		pension costs, amounted


13.	DEBTORS					2023 f	2022 f
	Grants and directly charged		services receivable		(Accrued income)	43,685	52,007
	Prepayments					37,976	25,859
						f81,661	f77,866
14.	CREDITORS
	Amounts	falling due within one year				2023	2022
						f.
	Accruals					48,544	51,102
	Pensions					7,450	5,802
	Deferred	income				43,372	24,566
						f99,366	f81,470
	Deferred	income represents	grants received	in	advance for 2023/24.
	Deferred	income analysis				2022f	2021
	As at 1 April 2022					24,566	59,739
	Additions	during the year				43,372	24,566
	Amounts	released to income				(24,566)	(59,739)
	As at 31	March 2023				f43,372	f24,566

	/contd. .	/contd. .	/contd. .	/contd. .	/contd. .	.
15.	ANALYSIS OF NET ASSETS BETWEEN FUNDS
						Unrestricted	Designated	Restricted	Total
	2023					Funds	Funds	Funds	Funds
						6			8
	Current assets					460,496	106,932	877,857	1,445,285
	Current liabilities					(269)		(99,097)	(99,366)
	Net assets at 31 March 2023					6460,227	8106,932	8778,760	51,345,919
	Comparative information	for	the	previous	financial	year is as follows:
						Unrestricted	Designated	Restricted	Total
	2022					Funds 6	Fundsf	Funds 8	Funds f
	Current assets					467,378	106,932	491,102	1,065,412
	Current liabilities					(716)		(80,754)	(81,470)
	Net assets at 31 March	2022				6466,662	6106,932	6410,348	F983,942
16.	MOVEMENT IN FUNDS
				At	1 April	Income	Expenditure	Transfers	At 31 March
	2023			2022					2023
	Restricted funds:								6
	Information and Advice				41,592	108,542	108,846	44,662	85,950
	Cold Weather and Amenity		Fund		9,278				9,278
	Digipals				27,029	56,015	35,399		47,645
	Crimes against Older People				1,448	5,000	5,362		1,086
	Roehampton Community	Shed			7,944	11,059	8,606		10,397
	Better at Home			208,119		432,447	342,498	12,356	310,424
	Befriending Plus				12,356			(12,356)
	Health &Exercise (Active
	Friends)					71,428	33,854	20,985	58,559
	Active/LGBTQ Chats				20,985			(20,985)
	Foot Clinic				(6,810)	1,759	1,257	6,308
	Gwynneth Morgan Day	Centre			88,407	1,127,899	960,885		255,421
	Total restricted funds			410,348		1,814,149	1,496,707	50,970	778,760
	Unrestricted funds:
	General funds			466,662		79,423	34,888	(50,970)	460,227
	Designated Funds:
	Sustainability fund				93,067				93,067
	Marketing				3,865				3,865
	Premises and offices				10,000				10,000
	Total unrestricted funds			573,594		79,423	34,888	(50,970)	567,159
	Total funds			8983,942		61,893,572	81,531,595	6Nil	61,345,919

Comparative information	for the p	revious financia	l year is as fo	llows:
		At 1 April	Income	Expenditure	Transfers	At 31 March
2022 Restricted funds:		202'If				2022 f
Information and Advice		53,041	88,039	99,488		41,592
Out and About		682			(682)
Cold Weather		9,278				9,278
Walking Netball		406			(406)
Digipals		(2,965)	63,405	38,033	4,622	27,029
Crimes against Older People		(748)	5,000	2,804		1,448
Roehampton Community	Shed	14,072	1,036	7,164		7,944
Better at Home		112,977	437,287	342,145		208,119
Befriending Plus		6,549	18,750	12,943		12,356
COVID 19Response		716			(716)
Active/LGBTQ Chats		6,864	43,747	30,714	1,088	20,985
COVID Shopping/Independent
Shopper		4,622			(4,622)
Foot Clinic		(3,098)	350	4,062		(6,810)
Volunteer Management		(335)			335
Gwynneth Morgan Day Centre			539,674	451,267		88,407
Total restricted funds		202,061	1,197,288	988,620	(381)	410,348
Unrestricted funds:
General funds		339,371	187,063	60,153		466,662
Designated Funds:
Sustainability fund		93,067				93,067
Marketing		3,865				3,865
Premises and offices		10,000				10,000
Total unrestricted funds		446,303	187,063	60,153	381	573,594
Total funds		f648,364	f1,384,351	f1,048,773	fNil	f983,942

			2023	2022
			Land and	Land and
			Buildings	Buildings
			6
Within	one	year	40,000	12,667
Within	one	to five years	13,333
			653,333	f12,667

RECONCILIATION ACTIVITIES	OF NE	T MOVEMEN	T IN FUNDS TO N	ET CASH FLOW FROM	OPERATING
				2023	2022
				F	6
Net movement in funds				361,977	335,578
Interest receivable				(9,553)	(427)
(Increase)/decrease	in debtors			(3,795)	(51,050)
Increase/(decrease)	in creditors			17,896	2,845
Net cash provided	by/(used	in) operating	activities	6366,525	f286,946