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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 03802384 (England and Wales) REGISTERED CHARITY NUMBER: 1077339

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

AGE UK DONCASTER

UHY Calvert Smith LLP Statutory Auditor Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW

AGE UK DONCASTER

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
Report of the Trustees 1 to 5
Report of the Independent Auditors 6 to 9
Statement of Financial Activities 10
Balance Sheet 11
Cash Flow Statement 12
Notes to the Cash Flow Statement 13
Notes to the Financial Statements 14 to 26

AGE UK DONCASTER

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Age UK Doncaster has the mission of taking the fear out of ageing by empowering and supporting older people in Doncaster to live and age well. As an organisation this requires us to:

Significant activities

Our key activities in furtherance of our charitable objects during the year were:

Services delivered in the home

Providing homecare services whilst striving for higher quality and growing private business and to provide a range of home-based support and services according to opportunity and need.

Services delivered in the community

Providing day care with increasing flexibility, sustainability and being informed by best practice. Developing our Silver Link centre as a hub for our own and community activity.

Continuing the Circles project, which seeks to improve social resilience by pairing volunteers, often older people themselves, with others who wanted support in achieving a goal, and extending the service to more beneficiaries whilst learning from and sharing its achievements.

Information and advice services

Continuing to provide our Information and Advice service whilst looking for opportunities to secure capacity at the same or increased level.

Public benefit

In setting the objectives and planning the activities of the charity, the trustees have given due consideration to the Charity Commission's guidance on 'Public Benefit'. The trustees are satisfied that the activities of the charity fulfil its charitable purpose and obligations, and in particular would note the organisation's role in:

Volunteers

Our valued trustees continue to play a key role in delivering the activities of the charity. We look to use volunteer views to inform development of volunteering and other AUKD activity, provide more opportunities for volunteering for existing volunteers and diversify ways of supporting and recognising volunteers.

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AGE UK DONCASTER

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENT AND PERFORMANCE

Throughout the year Age UK Doncaster continued to provide services in line with its charitable objectives. In line with our vision to take the fear out of ageing by empowering and supporting older people in Doncaster to live and age well, we continued to work with thousands of beneficiaries many of whom are amongst the most vulnerable in the area.

We continue to ensure our services are staffed and organised into those delivered in the home and those delivered in the community.

In the early part of the period Covid continued to challenge our services which led us to move to significant homeworking and adjusting services in line with Government guidelines and policy.

We continued to provide both Council commissioned and private homecare which included cleaning, shopping and befriending services through our integrated Home Support Service team.

We continued to deliver day activities to around 150 plus people at our Silver Link Centre and other venues in the area involving experts, schools and youth organisations to enrich the experience of those attending.

Our Circles project continued to increase social resilience by pairing volunteers with others who needed support in achieving their goals in life.

Our information and Advice service continues its valuable support for our clients which has resulted in over 250 enquiries per month covering subjects such as Home support services, befriending, personal care and money matters.

CASEwork Services Community Interest Company ('CASEwork')

During the year we joined with local Age UKs in Sheffield, North Yorkshire, Wakefield and York as the founding members of CASEwork, a new Community Interest Company which provides a shared finance team and system, and is potential source of future income generation.

Future plans and developments

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AGE UK DONCASTER

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

FINANCIAL REVIEW

The results for the year are set out in the attached financial statements.

Financial review

The Statement of Financial Activities shows a net deficit of £71,646 (2021: restated surplus of £213.583). The charity however continues to show a strong reserve position with total funds carried forward of £1,792,255 (2021: restated total funds of £1,863,901). The balance of unrestricted funds, excluding those represented by tangible fixed assets, was £1,254,435 at 31 March 2022, from £1,236,011 in the prior year.

Principal funding sources

Our three biggest sources of income remained funding from commissioned services, grants and income from clients. The reduction in total income in the year from the prior year relates to a fall in income from fees received for services delivered in the home, and the scaling back of the of the Covid-19 financial support through the period.

Prior year adjustment

In preparing the financial statements in accordance with the Charities SORP, as explained in our accounting policies in note 2, we are required to recognise income where the conditions of entitlement, probability and measurement are satisfied. On review this year, it became apparent that this income recognition policy had unfortunately not been properly applied in prior years, with the result that grants and donations had been incorrectly deferred and included in other creditors rather than recognised as income.

To address this error, a prior year restatement has been made in the financial statements, with the combined effect of increasing reported reserves at 31 March 2021 by £402,496. Further details of the adjustment are given in note 15 to the accounts.

Investment policy and objectives

The investment portfolio is reviewed with the investment manager annually with the risk profile Low Moderate and objective of income and growth with all investment ethically screened.

Reserves policy

The organisation's reserves policy is reviewed and discussed annually at Board level and the level of reserves held are deemed to be sufficient for the activities undertaken.

The trustees consider that maintaining reserves which represent approximately 6 months of ongoing expenditure meets the requirements of its current reserves policy.

The trustees are conscious of the need to maintain a reasonable level of reserves within the charity to provide resilience and headroom for the organisation, particularly in this very challenging economic environment, whilst ensuring that the resources of the charity are properly applied to meet its charitable mission.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is governed by its memorandum and articles dated 7 Jul 1999, as amended by a certificate of incorporation on change of name dated 2 May 2000 and a certificate of incorporation on change of name dated 2 June 2017. The charity is constituted as a limited company, limited by guarantee, as defined by the Companies Act 2006.

Age UK Doncaster is a brand partner of the national Age UK network, and as such is an independent charity. The memorandum and articles of association of the charity specify that its objects are to promote the relief of elderly people in the metropolitan district of Doncaster.

Recruitment and appointment of new trustees

An ongoing process which has resulted in a new trustees being appointed when required, in order to provide the range of skills and experience considered appropriate for the organisation.

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AGE UK DONCASTER

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Financial oversight

The meeting of the finance sub committee is held monthly where financial information, Cash flow and Income and expenditure statements are analysed and discussed and then reported at the Board meeting.

Induction and training of new trustees

An ongoing process which has resulted in a new trustees being appointed when required and in order to provide the range of skills and experience considered appropriate for the organisation.

Key management remuneration

Salaries are reviewed annually and are agreed at Board meetings.

Fundraising standards

The charity has not carried out significant public fundraising activities in the period.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees periodically conduct a review of the major risks to which the charity is exposed and are satisfied that there are procedures in place to mitigate any risks to which the charity may be exposed.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

03802384 (England and Wales)

Registered Charity number

1077339

Registered office

Ten Pound Walk Doncaster South Yorkshire DN4 5HX

Trustees

C Ellingworth M Green B R Leach M J Ovington L J Rodgers G M Stafford C Batty (appointed 17/7/2022)

Chief Executive Officer

H A Boyce

Company Secretary

H A Boyce

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AGE UK DONCASTER

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

REFERENCE AND ADMINISTRATIVE DETAILS

Auditors

UHY Calvert Smith LLP Statutory Auditor Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Age UK Doncaster for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial 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 charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, UHY Calvert Smith LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 26 October 2022 and signed on its behalf by:

M J Ovington - Trustee

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF AGE UK DONCASTER

Opinion

We have audited the financial statements of Age UK Doncaster (the 'charitable company') for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

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 the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the 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.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material 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:

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF AGE UK DONCASTER

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the 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 charitable company or to cease operations, or have no realistic alternative but to do so.

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF AGE UK DONCASTER

Our responsibilities for the audit of the financial statements

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 a Report of the Independent Auditors 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 is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

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 for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF AGE UK DONCASTER

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. 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 auditors' 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.

Harry Howley ACA MAAT (Senior Statutory Auditor) for and on behalf of UHY Calvert Smith LLP Statutory Auditor Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW

27 October 2022

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AGE UK DONCASTER

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
as restated
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 3 64,606 - 64,606 181,038
Charitable activities
Services delivered in the home 1,005,725 76,696 1,082,421 1,298,278
Services delivered in the community 44,730 106,704 151,434 252,255
Information and advice services - 44,263 44,263 94,054
Investment income 4 11,942 - 11,942 11,713
Other income 6 17,215 - 17,215 94,295
Total 1,144,218 227,663 1,371,881 1,931,633
EXPENDITURE ON
Raising funds 7 6,157 - 6,157 5,597
Charitable activities 8
Services delivered in the home 1,087,576 76,696 1,164,272 1,339,926
Services delivered in the community 49,066 153,261 202,327 352,402
Information and advice services 36,184 59,364 95,548 94,156
Total 1,178,983 289,321 1,468,304 1,792,081
-
Net gains on investments 24,777 24,777 74,031
NET INCOME/(EXPENDITURE) (9,988) (61,658) (71,646) 213,583
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported 1,397,115 63,840 1,460,955 1,650,318
Prior year adjustment 15 383,421 19,525 402,946 -
As restated 1,780,536 83,365 1,863,901 1,650,318
TOTAL FUNDS CARRIED FORWARD 1,770,548 21,707 1,792,255 1,863,901
----- End of picture text -----

The notes form part of these financial statements

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AGE UK DONCASTER (REGISTERED NUMBER: 03802384)

BALANCE SHEET 31 MARCH 2022

----- Start of picture text -----
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible assets 16 516,113 - 516,113 544,525
Investments 17 501,812 - 501,812 511,676
-
1,017,925 1,017,925 1,056,201
CURRENT ASSETS
Debtors 18 132,171 - 132,171 106,236
Cash at bank and in hand 867,257 21,707 888,964 1,001,694
999,428 21,707 1,021,135 1,107,930
CREDITORS
Amounts falling due within one year 19 (246,805) - (246,805) (300,230)
NET CURRENT ASSETS 752,623 21,707 774,330 807,700
TOTAL ASSETS LESS CURRENT LIABILITIES 1,770,548 21,707 1,792,255 1,863,901
NET ASSETS 1,770,548 21,707 1,792,255 1,863,901
FUNDS 21
Unrestricted funds 1,770,548 1,780,536
Restricted funds 21,707 83,365
TOTAL FUNDS 1,792,255 1,863,901
----- End of picture text -----

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 26 October 2022 and were signed on its behalf by:

M J Ovington - Trustee

The notes form part of these financial statements

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AGE UK DONCASTER

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
2022 2021
as restated
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 (149,672) 335,749
Net cash (used in)/provided by operating activities (149,672) 335,749
Cash flows from investing activities
-
Purchase of tangible fixed assets (38,859)
-
Withdrawals from investment portfolio 40,000
-
Loan to associated company (15,000)
Interest received 426 1,776
Income received in investment portfolio 11,516 9,937
Net cash provided by/(used in) investing activities 36,942 (27,146)
Change in cash and cash equivalents in the
reporting period (112,730) 308,603
Cash and cash equivalents at the beginning
of the reporting period 1,001,694 693,091
Cash and cash equivalents at the end of the
reporting period 888,964 1,001,694
----- End of picture text -----

The notes form part of these financial statements

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AGE UK DONCASTER

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2022 2021
as restated
£ £
Net (expenditure)/income for the reporting period (as per the Statement
of Financial Activities) (71,646) 213,583
Adjustments for:
Depreciation charges 28,412 20,285
Gain on investments (24,777) (74,031)
Interest received (426) (1,776)
Investment portfolio income (11,516) (9,937)
-
Net income movement on portfolio (5,358)
(Increase)/decrease in debtors (10,935) 20,591
(Decrease)/increase in creditors (53,426) 167,034
Net cash (used in)/provided by operations (149,672) 335,749
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.21 Cash flow At 31.3.22
£ £ £
Net cash
Cash at bank and in hand 1,001,694 (112,730) 888,964
1,001,694 (112,730) 888,964
Total 1,001,694 (112,730) 888,964
----- End of picture text -----

The notes form part of these financial statements

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AGE UK DONCASTER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

The charity is a private company limited by guarantee, incorporated in England & Wales. The registered office of the company is Unit 1, Ten Pound Walk, Doncaster, South Yorkshire, DN4 5HX.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company.

Going concern basis

The trustees have considered the financial position and projections of the charity, and have a reasonable expectation that it has adequate resources to support its ongoing activities for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing the financial statements.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimate and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable in the circumstances.

Areas in which judgement has been applied include an assessment of the appropriate expenditure to recognise against certain restricted grants, and the allocation of supports costs as outlined below.

There are considered to be no assumptions or estimates made in the the preparation of these financial statements that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities in the next financial year.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Income from charitable activities represents amounts receivable in connection with services delivered by the charity, and includes fees receivable, payments under service contracts and performance related grants.

Income from contracts for the supply of services,and similar performance related grants, are recognised over the period of delivery.

When donors specify that donations and grants are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.

No amounts are included in the financial statements for general volunteer services.

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES - continued

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable activities

Cost of charitable activities include those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

Allocation and apportionment of costs

Costs are directly allocated to charitable activities where possible.

Support costs include central functions and overheads that assist the work of the charity. These include staff costs, office costs and overheads and governance costs.

Support costs are allocated in proportion with the direct staff costs involved in each charitable activity. This estimate is considered to reasonably reflect the underlying financial activities of the charity, and provide a reliable basis for allocation in the context of the charity's size and resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Fixtures and fittings - 15% on reducing balance Motor vehicles - 25% on reducing balance

Fixed asset investments

The charity's investment portfolio is stated at fair value, as determined by the price quoted by the fund managers at the balance sheet date. The portfolio is managed, and comprises a range of listed bonds, equities and open-ended investment companies.

Gains and losses on investments, whether arising on revaluation of disposal, are included on the Statement of Financial Activities in the period to which they relate.

Investment in group entity

The charity is a guarantor member of CASEwork Services Community Interest Company, a company limited by guarantee and having no share capital. No amount has been recognised in respect of the charity's interest in the company. An initial advance of £15,000 made to CASEwork to provide working capital is included in debtors falling due after more than one year.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES - continued

Financial instruments

Fixed asset investment are measured at fair value through net income and expenditure on the Statement of Financial Activities. All other financial assets and liabilities are measured at amortised cost,

Pension costs

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

3. DONATIONS AND LEGACIES

General donations and legacies
Grants
Grant funding in the prior year included emergency Covid-19 support.
INVESTMENT INCOME
Investment portfolio income
Other interest receivable
Interest receivable
INCOME FROM CHARITABLE ACTIVITIES
Activity
Fees received for services
Services delivered in the home
Service contracts and grants
Services delivered in the home
Fees received for services
Services delivered in the community
Service contracts and grants
Services delivered in the community
Service contracts and grants
Information and advice services		 2022
£
3,500
61,106
64,606
2022
£
11,516
137
289
11,942
2022
£
853,145
229,276
44,730
106,704
44,263
1,278,118		 2021
as restated
£
7,407
173,631
181,038
2021
as restated
£
9,937
-
1,776
11,713
2021
as restated
£
1,069,394
228,884
14,301
237,954
94,054
1,644,587

4. INVESTMENT INCOME

5. INCOME FROM CHARITABLE ACTIVITIES

Fees received for services delivered in the home includes amounts receivable for private and Council-commissioned homecare.

Total contract income of £152,580 (2021: £166,521) has been recognised in the year. This relates to contracts with Doncaster Council and the NHS, in respect of Home from hospital and dementia services.

Total grant income of £228,023 (2021: £394,371) have been recognised as part of income from charitable activities, and classified as restricted. These are performance related grants which fund the delivery of specific services.

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
6. OTHER INCOME
2022 2021
as restated
£ £
-
JRS / SSP Grant income 66,715
Age UK retainer payments 10,000 15,000
Other income and recharges 7,215 12,580
17,215 94,295
7. RAISING FUNDS
Investment management costs
2022 2021
as restated
£ £
Portfolio management 6,157 5,597
8. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 9) note 10) Totals
£ £ £
Services delivered in the home 894,949 269,323 1,164,272
Services delivered in the community 164,103 38,224 202,327
Information and advice services 75,880 19,668 95,548
1,134,932 327,215 1,462,147
9. DIRECT COSTS OF CHARITABLE ACTIVITIES
2022 2021
as restated
£ £
Staff costs 1,073,613 1,320,468
Property costs 28,431 21,642
Motor 2,384 1,682
Consumables and other direct costs 30,504 119,932
1,134,932 1,463,724
----- End of picture text -----

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
10. SUPPORT COSTS
Governance
Other costs Totals
£ £ £
Services delivered in the home 240,155 29,168 269,323
Services delivered in the community 34,054 4,170 38,224
Information and advice services 17,519 2,149 19,668
291,728 35,487 327,215
Support costs, included in the above, are as follows:
Other
2022 2021
as restated
Services Services Information
delivered delivered and
in the in the advice Total Total
home community services activities activities
£ £ £ £ £
Staff costs 141,415 20,219 10,422 172,056 193,080
Property costs 14,856 2,124 1,095 18,075 23,293
Telephone, IT and office
costs 53,320 7,350 3,753 64,423 58,217
Sundries 6,159 880 455 7,494 5,594
Bank and finance charges 1,053 142 73 1,268 1,452
Depreciation of tangible
fixed assets 23,352 3,339 1,721 28,412 20,285
240,155 34,054 17,519 291,728 301,921
Governance costs
2022 2021
as restated
Services Services Information
delivered delivered and
in the in the advice Total Total
home community services activities activities
£ £ £ £ £
Professional fees 29,168 4,170 2,149 35,487 20,839
----- End of picture text -----

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

11. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |as restated| |£|£| |Depreciation - owned assets|28,412|20,285| |Auditor's remuneration (inclusive of VAT)|8,760|7,740|

----- End of picture text -----

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

13. STAFF COSTS

The aggregate payroll costs of the charity for the year are as follows:

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |£|£| |Wages and salaries|1,060,567|1,293,936| |Social security costs|66,707|80,437| |Pension contributions|22,396|28,351| |-| |Redundancy payments|9,047| |1,158,717|1,402,724|

----- End of picture text -----

The average monthly number of employees during the year was 70 (2021: 110).

No employees received emoluments in excess of £60,000.

The total remuneration of the key management personnel of the charity, inclusive of pension and employer social security costs, was £125,182 (2021: £148,587).

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
as restated
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 125,038 56,000 181,038
Charitable activities
Services delivered in the home 1,203,704 94,574 1,298,278
Services delivered in the community 14,301 237,954 252,255
Information and advice services - 94,054 94,054
Investment income 11,713 - 11,713
Other income 94,295 - 94,295
Total 1,449,051 482,582 1,931,633
EXPENDITURE ON
-
Raising funds 5,597 5,597
Charitable activities
Services delivered in the home 1,220,158 119,768 1,339,926
Services delivered in the community 106,280 246,122 352,402
Information and advice services - 94,156 94,156
Total 1,332,035 460,046 1,792,081
-
Net gains on investments 74,031 74,031
NET INCOME 191,047 22,536 213,583
Transfers between funds 34,293 (34,293) -
Net movement in funds 225,340 (11,757) 213,583
RECONCILIATION OF FUNDS
Total funds brought forward 1,555,196 95,122 1,650,318
TOTAL FUNDS CARRIED FORWARD 1,780,536 83,365 1,863,901
----- End of picture text -----

continued...

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AGE UK DONCASTER NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. PRIOR YEAR ADJUSTMENT

Restatement of income and fund balances

Adjustment has been made to recognise income that had previously been deferred and included in other creditors, but which satisfied the conditions for recognition in accordance with the Charities SORP.

The total impact of this adjustment is to reduce creditors at 31 March 2021 by £368,653, with additional income of £147,948 recognised for the year ended 31 March 2021 and £220,705 in respect of earlier years and reflected in the unrestricted fund balance brought forward.

A further adjustment of £34,293 has been made to recognise the purchase of a minibus from a restricted donation in the prior year; this previously having being included in charitable activity expenditure on the Statement of Financial Activities.

The combined effect of the adjustment is to increase the total funds of the charity by £402,496 from the level previously reported.

Adjustment has also been made to reclassify fund balances of £60,897 at 31 March 2021 as unrestricted rather than restricted income, as these relate to services provided under contract or partly funded by users. Details are shown on note 21.

Presentation adjustments

A number of reclassification adjustments have also been made to the comparative figures shown on the Statement of Financial Activities (SOFA) in order that these better reflect the activities of the charity and the reporting requirements as set out in the Charities SORP. The main reclassifications are:

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
16. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
£ £ £ £
COST
At 1 April 2021 510,263 272,536 226,253 1,009,052
-
Disposals (61,647) (93,001) (154,648)
At 31 March 2022 510,263 210,889 133,252 854,404
DEPRECIATION
At 1 April 2021 57,192 221,441 185,894 464,527
Charge for year 10,205 9,193 9,014 28,412
-
Eliminated on disposal (61,647) (93,001) (154,648)
At 31 March 2022 67,397 168,987 101,907 338,291
NET BOOK VALUE
At 31 March 2022 442,866 41,902 31,345 516,113
At 31 March 2021 453,071 51,095 40,359 544,525
17. FIXED ASSET INVESTMENTS
Investment
portfolio
£
MARKET VALUE
At 1 April 2021 511,676
Disposals (40,000)
Portfolio valuation movement 24,777
Net income and expenditure 5,359
At 31 March 2022 501,812
NET BOOK VALUE
At 31 March 2022 501,812
At 31 March 2021 511,676
----- End of picture text -----

Investment portfolio

The charity's investments are held within a managed investment portfolio and comprise a range of listed equities, bonds, unit trusts and open-ended investment companies.

The book cost of the investment portfolio is £488,546 (2021: £486,112).

The movement in the year recognised above includes all realised and unrealised gains and losses, and income and costs met from cash held within the portfolio.

Investment in associated company

Age UK Doncaster is one of five guarantor members of CASEwork Services Community Interest Company ('CASEwork'). CASEwork was established in the period to provide a shared finance resource for Age UK groups, and as a potential source of future income generation.

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

17. FIXED ASSET INVESTMENTS - continued

As a member of CASEwork, Age UK Doncaster has committed to contribute an amount not exceeding £1 in the event of its winding up.

18. DEBTORS

19.

Amounts falling due within one year:
Trade debtors
Prepayments
Amounts falling due after more than one year:
Loan to CASEwork
Aggregate amounts
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses		 2022
a
£
83,111
33,923
117,034
15,137
132,171
2022
a
£
32,956
17,290
157,310
39,249
246,805		 2021
s restated
£
91,687
14,549
106,236
-
106,236
2021
s restated
£
26,711
23,845
221,797
27,877
300,230

Income from contracts and performance related grants is deferred when received in advance of the delivery of the service. Included in other creditors at the reporting date is £26,460 (2021: £88,633), the movement of £62,173 being recognised in current year income.

20. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 2022
as
£
6,692
6,694
13,386		 2021
restated
£
6,692
13,386
20,078

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

21. MOVEMENT IN FUNDS

At 1.4.21
£
Unrestricted funds
General fund
1,397,115
Designated fund - grant
funded fixed assets
-
1,397,115
Restricted funds
Home from Hospital
38,599
Admiral Service
13,142
Befriending
9,156
Information and Advice
1,102
Community Circles
1,841
LNER minibus and
transport
-
63,840
TOTAL FUNDS
1,460,955
Net movement in funds, included in the above are
Unrestricted funds
General fund
Restricted funds
Information and Advice
Community Circles
Restricted grant funding for home services
Restricted grant funding for community
services
TOTAL FUNDS		 Prior
year
adjustment
£
349,128
34,293
383,421
(38,599)
(13,142)
(9,156)
13,999
44,716
21,707
19,525
402,946
as follows:
Incoming
resources
£
1,144,218
44,263
77,611
76,696
29,093
227,663
1,371,881		 Net
movement
in funds
£
(9,988)
-
(9,988)
-
-
-
(15,101)
(46,557)
-
(61,658)
(71,646)
Resources
expended
£
(1,178,983)
(59,364)
(124,168)
(76,696)
(29,093)
(289,321)
(1,468,304)		 Transfers
between
funds
£
7,656
(7,656)
-
-
-
-
-
-
-
-
-
Gains and
losses
£
24,777
-
-
-
-
-
24,777		 At
31.3.22
£
1,743,911
26,637
1,770,548
-
-
-
-
-
21,707
21,707
1,792,255
Movement
in funds
£
(9,988)
(15,101)
(46,557)
-
-
(61,658)
(71,646)

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

21. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.4.20
in funds
£
£
Unrestricted funds
General fund
1,555,196
191,047
Designated fund - grant funded fixed assets
-
-
1,555,196
191,047
Restricted funds
Information and Advice
40,397
(25,296)
Community Circles
54,725
(8,168)
LNER minibus and transport
-
56,000
95,122
22,536
TOTAL FUNDS
1,650,318
213,583
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,449,051
(1,332,035)
Restricted funds
Information and Advice
94,054
(119,350)
Community Circles
98,115
(106,283)
LNER minibus and transport
56,000
-
Restricted grant funding for home services
94,574
(94,574)
Restricted grant funding for community
services
139,839
(139,839)
482,582
(460,046)
TOTAL FUNDS
1,931,633
(1,792,081)		 Transfers
between
funds
£
-
34,293
34,293
-
-
(34,293)
(34,293)
-
Gains and
losses
£
74,031
-
-
-
-
-
-
74,031		 At
31.3.21
£
1,746,243
34,293
1,780,536
15,101
46,557
21,707
83,365
1,863,901
Movement
in funds
£
191,047
(25,296)
(8,168)
56,000
-
-
22,536
213,583

Designated funds

Capital additions funded by restricted donations are recognised by way of a transfer from restricted funds to a designated fixed asset fund. The balance reflects the book value of the assets acquired with restricted funds.

Restricted funds

Restrictions imposed by funders may relate to expenditure type or to a specific project or activity. Major restricted grants in the period include:

Information and Advice - funding has been received from the Henry Smith Foundation, National Lottery Community Fund and Local Solutions Community Hub (in partnership with Citizens' Advice Doncaster) in respect of the charity's information and advice service.

continued...

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AGE UK DONCASTER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

21. MOVEMENT IN FUNDS - continued

Community Circles - funding has been received from the National Lottery Community Fund to support the charity's Community Circles programme.

Restricted grant funding for home services and restricted grant funding for community services - grant funding provided, primarily by Doncaster Council, specifically in respect of the delivery of either the charity's home services, including dementia support, or services provided in the community through the Silver Link centre.

LNER minibus and transport - funding provided fo assist with the charity's transport costs. The balance carried forward is after the purchase of a minibus in the prior year, which is included in designated funds.

As described in note 15, an adjustment has been made to reclassify funds previously reported as restricted in error. This is shown in the prior year adjustment column in the table above.

22. RELATED PARTY DISCLOSURES

£14,415 has been paid to CASEwork Services Community Interest Company (CASEwork) in the year in respect of outsourced financial support services (2021: £Nil). An initial advance of £15,000 made to CASEwork to provide working capital is included as a debtor falling due after more than one year, with interest at 2% above base rate recognised on the loan.

CASEwork is an associated company of the charity. Michael Ovington (trustee of the charity) and Heather Boyce (CEO) are also members of the CASEwork board of directors.

23. COMPANY LIMITED BY GUARANTEE

The company has no share capital. The liability of each member is limited to a sum not exceeding £1.

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