Registered number.. 03917990
Charity number: 1079691
AGE UK LINDSEY
(A Company Limited by Guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

AGE UK LINDSEY
IA Company Limlted by Guaranteo)
CONTENTS
Page
Reference and Administratlve Detalls of the Company, its Trustees and Advlsers
Trustees. Report
Independent Audltors. Report on the Flnanclal Statements
Statement of Flnanclal A¢tlvltle$
9-13
14
Balance Sheet
15-16
Statement of Cash Flows
17
Notes to thg Financial Statements
18-38

AGE UK LINDSEY
{A Gompany Llmited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2022
Trustees
Mr H E M Thomson
Mrs C L Markham
Mr l Brown
MsRFEDobbs
Cllr O C Bierley
Cllr W Gray
Mrs C E Parker-Robson, Chair of Trustees
Mr J D Brindle
Canon J Thorold
Mr P Stapleton
Ms A Mullan (appointed 24 November 20211
Company registered
number
03917990
Charity registered
number
1079691
Reglstered offlce
The Old School House
Manor House Street
Horncastle
Lincolnshire
LN9 5HF
Company secretary
Mrs C E Parker-Robson
Chlef executive officer
MrA Storer
Independent auditor
Streets Audit LLP
Chartered Accounlanls & Statutory Auditor
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Bankers
Lloyds Bank PIC
202 High Street
Lin¢oln
LN5 7AP
Sanlander
Bridle Road
Boolle
Merseyside
L30 4GB
Shawbrook Bank
Luthea House
Warley Hill Business Park
Brentwood
Essex
CM3 38E
Page 1

AGE UK LINDSEY
(A Company Llmitèd by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Solicitors
Wilkin Chapman
7 Bull Ring
Horncastle
LN9 SHX
Page 2

AGE UK LINDSEY
{A Company Llmlted by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The Trustees present their annual report together with the audited financial statements of the chariiable
company for the 1 April 2021 10 31 March 2022. The Annual Report serves the purposes of both a Trustees.
report and 8 Directors. report under company law. The Trustees confirm that the Annual Report and financial
slalemenls of the charitable company comply with the current statutory requirements, the requirements of the
charitable companls goveming document and the provisions of the Statement of Recommended Practice
ISORPI applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
app5icable in the UK and Republic of Ireland {FRS1021 leffeclive 1 January 20151 as amended by Update
Bulletin 1 leffective January 20151 and Update Bulletin 2 leffeclive January 20191.
Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report
required of medium and large companies under the Companies Act 2006 {Slralegic Report and Directors.
Report) Regulations 2013 has been omitted.
Objectives and activities
a. Poli¢ies and obje¢tives
In setting objectives and planning for activities. the Trustees have given due consideration to general guidance
published by the Charity Commission relating lo public benefit.
The objects of the charity are lo promote the relief of older people in any manner which now or hereafter may be
deemed by law to be charitable within the distTiCts of East and Wast Lindsey, Lincolnshire and North
Lincolnshire.
The Board of Trustees convened during May, July, September, November, January and March. All these
meetings have taken place virtually due lo current reslri¢lion5. The AGM look place on 15th December 2021.
Achievements and performance
a. Maln achievements and review of activities
The main activities and seNi¢es the charity run are described below. These services have been set up with the
Iruslees, approval and with due consideration given to the Charity Commission's guidance on public benefit and
in line with the charity's mission statement.
The Infomiation and Advice service has full coverage across East Lindsey, Wesl Lindsey and North
Lincolnshire. The SeNice Manager oversees all aspects of the service including monitoring and evaluation in
line with the Age UK Quality Standards. All staff members are home based and deliver the setvice mostly over
the telephone and home visits are completed for our most vulnerable clients. The service is continuing lo be the
best performlng Age UK Information and Advice service in the East Midlands.
The charity shops reopened for trading on 12th April, bringing high levels of unrestricted income into the charity.
During the year we opened a new shop in Tallershall bul also made the difficult decision lo close our Coningsby
shop and Woodhall Spa Broadway shop. After completing some of the roof repairs the Barton shop was able lo
safely reopen for trading in September. The rernainin9 repairs are hoped to be completed within the next year. A
pilot of our online shop commenced during the year with the commitment lo conllnue lo develop and grow this
shop lo widen our support base.
The referrals for the Befriending service remained high during the year, with regular referrals being made lo the
national Call in Time service. We have clients in Ea51 Lindsey, West Lindsey & North Lincolnshire receiving
Page 3

AGE UK LINDSEY
(A Company Limited by Guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Achlevements and performance {continued}
regular calls and once reslriclions allowed home visits. The Talk, Eat, Drink ITEDI project funding has assisted
with the delivery of the service in East Lindsey until January 2022 when the funding ceased. The funding from
Henry Smith and West Lindsey District Council meant the service was able lo continue to accept new referrals
from Wesl Lindsey and North Lincolnshire. The service delivered over 300 hours of befriending a month during
the year through the support of over 55 dedicated volunteers.
The Crime Reduction Fund 'HELP Project, has continued throughout the year working in partnership with North
Lincolnshire CAB and North Lincolnshire Public Health. The project is funded until January 2022 and based
within the Scunthorpe area. Any recently bereaved individuals who require befriending are signposted to this
se￿iCe lo prevent isolation occurring for the individual. Once the funding for the project enosed we were unable
lo continue lo offer this service to new clients.
The Keep Connected Project has continued throughout the year with the funding received by Henry Smith and
Lincolnshire Community Foundation. The infobus being iaken out regularly around East Lindsey, Wesl Lindsey
and North Lincolnshire lo enable clients to receive information on our services and also to assist with digital
access. There has been a lablel loan scheme sel up during the year and classes lo assist in using digital
technology also occurred. All clients received a bi-monthly newsletter lo keep them up lo dale with
developments within the charity.
The volunteer visitor host project commenced in July to assist relatives and friends to visit an individual residing
in a care home. Volunteers helped with the additional lesling requirements in place before the visit could occur.
This project was run in partnership with Age UK Lincoln and South Lincolnshire with ourselves concentrating on
care homes within East Lindsey.
Al the end of the financial year there were 40 paid 518ff and 100 artive volunteer5.
Financial roview
Going concern
After making appropriate enquiries. the TTUStees have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. For this reason, they
continue lo adopt the going concem basis in preparing the financial statements.
b. Rosorrfes policy
The Finance Sub Committee on behalf of the Board of Trustees conducts an annual review of the level of
unreslricled reserves in the general fund by eonsidering risks associated with the various income streams,
expenditure plans and balance sheet items. This en8bles an estimate lo be made of the level of reserves held in
designated funds required by the charity-
Al the year end the charity had total unrestricted fLJnds of £338,976, designated funds of £109.995 and
restricted funds of £26,304. Therefore total charity funds were £475,275, as set out in note 16 to the financial
stalemenls. The free reserves of the charity were £Nil at the 31 March 2022.
Whilst the strategic plan remains in place il is reviewed by the Board of Trustees arid the Executive
Management Team. In addition, the reserves policy will be annually amended to lake accounl of the working
capital requirements of the charity especially considering the future developments of the charity.
Page 4

AGE UK LINDSEY
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
c. Principal risks and uncertainties
The Board of Trustees monitor al each board meeting the major risks which the charity Is exposed lo and to
keep under review the adequacy of the systems. These systems are believed lo be sufficient and appropriate to
the size of the charity and the nature of its operations. A Risk Register has been compiled by the trustees in
conjunction with the Director of HR, Quality and Performance and the Executive team. Each department of the
charity is reviewed on a rotating basis at each bi monthly Board of Trustees meeting lo ensure any additional
risks are added and any that aren't relevant are removed.
d. Principal fundlng
The principal source of unrestricted income comes from our charity shops alongside fundraising events held
during the year. From local authority grants we were SUC￿ssful in receiving a lolal of £22,669 to cover the
reopening costs for our shops. The charity also made use of the government Job Retention Scheme throughout
the year claiming £1,955 to cover the salary cost of furloughed stsff.
The charity was awarded 8 six month contract and received £9.052 funding from Eon for increased benefit take
up activity through the Information and Advice service. In addition, another Eon contract was granted for £8,100
to support the Home Energy Check Project providing free assessments and equipment lo the homes of older
people assisting them lo slay warmer during the winter.
The Talk, Eat, Drink project have funded the Befriending service in East Lindsey over several years. The grant
tolalled £20,833 and was used lo ensure individuals receive a Befriending call or a home visit once restrictions
allowed throughout the year.
With the increased demand on the Befriending service we receiv&d further funding lo deliver the service across
all areas through the Henry Smith charity. The funding tolalled £39,603 and ran until the end of December 2021.
As well as supporting our befriending service the funding supported our Keep Connect Service and volunteer
costs for both services.
The lottery grant received during this year loialled £40,360 to run the Infomialion and Advice service within the
North Lincolnshire area. The funding was used lo carry out benefits checks by Ihe Benefits Officer and to
improve the IT provision for the Information and Advi￿ team.
The Henry Smith Charity continued lo support our Information and Advice service until 31 st December 2021.
During this financial year £31,050 was received which was used to cover Costs associated with running the
service.
Through Age UK, funding is received for the Later Life Goals project ran through our Infomiation and Advice
Service. The funding lotalled £20,500 during this financial year after a one-year extension was granted for the
project.
Working in partnership with the Citizens Advice Bureau the charity received £7,194 to run the crime reduction
fund project. This was based within the Scunthorpe area to support recently bereaved individuals.
To continuing with the repair of the roof at 8arton shop we received a grant of £9,200 from Northern Impact.
The grant enabled the roof lo be made structurally sale and allow the reopening of the ground floor shop.
The Keep Connected service within East Lindsey was supported by a Lincolnshire Community Foundation grant
of £4,850, Age UK grant of £1,000 and Managed Care Network grant of £2,500 for this year. This enabled
clients in the area lo access digltal support, attend digital sessions and access information within their local
area.
Page 5

AGE UK LINDSEY
IA Company Limited by Guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Wesl Lindsey District Council granted the befriending service £5,000 to assist with the costs of home visits or
calls clients received within the Wesl Lindsey district.
To support our Infom)alion and Advice service a grant from Edward Goslling Foundation was secured for a
year. During this financial year £1,250 has been used lo enable an Information and Advice officer lo be out with
the infobus offering simple advice straight away or making a referral for 8 more in depth seNice.
Through funding of £31,366 received via Lincolnshire County Council we were able lo run the Volunteer Visitor
Host project in care homes within East Lindsey. The same project was run in other areas of Lincolnshire by Age
UK Lincoln and South Lincolnshire.
The charity received one legacy during the year lotalling £3.97.
Structure. governance and management
a. Constitution
Age UK Llndsey is a registered company (number 39179901 and charity (number 10796911. Ils governing
document is ils Articles of Association. The company was incorporated on 2 February 2000 and charitable
slalus was gained on 3 March 2000.
The company remained dormant until April 2001 when It look over the assets and liabilities of the
unin¢orporaled Age Concern Lindsey, registered charity number 503533.
Al the board meeting of 27th July 2010 the Companies House Special Resolution Form was agreed and signed
by the Chairman lo fom)ally change the name of the charity lo Age UK Lindsey. A Brand Partnership Agreement
be￿e&n Age UK and Age UK Lindsey has taken the place of the Age Concem Federation membefship and is
the new way of working with the national charity.
On the 6th September 2017 an extraordinary general meeting took place before Age UK Lindsey and Age UK
North Lincolnshire, regislered charity number 1101646, became one entity on the 1st October 2017.
b. Methods of appolntment or election of Trustees
Ouring the course of the year one new Trustee was appointed lo the Board. The Charity is activaly s8eking for
new Trustees lo join the Board to address the gender imbalance and lo cover gaps in expertise.
c. Organlsational structure and d8ci$ion-making policies
The day lo day activities of the charity are overseen by the Chief Executive Officer who is managed and reports
to, the Board of Trustees. The Trustees typically meet bi monthly and h8ve the power to determine the quorum
for the transaction of business provided that Ihe quorum for the meeting of the Board shall never be less than
one quarter or three of the members of the Board.
During the year a Finance Sub committee made up of the Chief Executive Officer, Director of Finance and at
least b￿0 members of the Board including the Treasurer. usually meet bi monthly al two weeks prior to the full
Board meetings and reports dire¢lly lo the 8oard. During this year and with the challenges that were faced by
the charity, th8 Finance Sub-committge ceas8d meetings until March 2021, wlth Flnance belng discussed in
more detail al the main board meeting.
The Personnel Sub committee meets bi monthly and reports are submitted to each full Board of Trustees
Page 6

AGE UK LINDSEY
(A Company Limlted by Guarantee)
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Stru¢turg> govornance and managernènt Icontinuedl
meeting. Terms of Reference have been agreed by its members for this Sub-committee, which is made up of
the Chairman, Vice Chairman and the Director of HR. Performance & Quality. Again with the challenges faced
during the year these meetings were suspended for the whole year with the personnel issues being discussed in
more detail al the main board meeting.
d. Pollcies adopted lor the induction and training of Trustees
The Charity has developed a Trustee Induetion Pack. The Induction Pack contains tsvo documents from the
Charity Commission, "Welcome" and °The Essential Trustee". 11 also contains the Ch8riWs Memorandum and
Arts'cles of Association, a sel of the lalesl Managemenl Accounts, and a copy of the last audited Annual
Accounts, the lalest Annual Report, minutes from recent Board Meetings and also an Age UK Lindsey Trustee
Information document. This pack is given lo all new Trustees.
e. Pay policy for key management personnel
The Key Management Personnel comprises of the Chief ExeculNe Officer, Director of HR, Performance &
Quality, Director of Operations and Development and Director of Finance. The remuneration of these staff
members is derived by comparing the salary to similai positions within the same sector and aligning this with the
current charity pay scale.
f. Risk management
The Board of Trustees monitor al each board meeting the major risks which the charity is exposed to and lo
keep under review the adequacy of the systems. These systems are believed to be sufficient and appropriate lo
the size of the charity and the nature of ils operations. A Risk Register has been compiled by the Board of
Trustees in conjunction with the Executive Management team.
g. Fundraising activitigs
Ouring the year a centurion run was completed raising £1,824 for the charity. The Big Knit campaign ran
through Age UK raised £4,148 during the year with the campaign continuing lo run into next year.
Large donations were received from Wilham Sl Hugh's school, Freemasons, Teseo's and Viking Link.
Plans for future perlods
The Chair continues to look to strengthen the Board of Trustees and is actively looking lo recruit new Trustees
who will bring a wide range of skills and experience to the Charity. The Executive Management team will also
continue lo look for relevant funding opportunities lo develop new services or mainfain and expand our current
service delivery.
Whilst the charity is still recovering from the impact of the pandemic new sources of unrestricted income are
being investigated lo ensurg services can run through all our areas of beneficiary wilhoul the specific need of
grants being achieved. This wll also include a new version of the strategic plan being created and distributed by
the charity.
After re¢eiving full planning permission for the South Street project there has been little development with the
project due to the pandemic. The charity is reviewing all options for the sile especially as there is only one year
remaining on the planning pemission received.
P8ge 7

AGE UK LINDSEY
{A Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Statement of Trustees. rgsponslbllltle$
The Trustees Iwho are also the directors of the company for the purposes of company lawl are responsible for
preparing the Trustees. Report and the financial slalemenls in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Aecounling Practice).
Company law requires the Tnjslees lo prepare financial slatem8nls for each financial year. Under company law,
the Trustees musl not approve the financial statements unless they are satisfied that they give a tru8 and fair
view of the state of affairs of the company and of ils incoming resources and application of resources, including
ils income and expenditure. for that period. In preparing these financial statements, the Trustees are required
lo-.
seleel suitable accounting policies and then apply them consislenlly.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent-
slate whether applicable UK Accounting Stsndards IFRS 1021 have been followed, subject to any
material departures disclosed and explained in the financial slalemenls",
prepare the financial slalemenls on the going concern basis unless il is inappropriate lo presume th8t the
company will continue in business.
The Trustees are responsible for keeping adequate a￿o￿ntIng records that are sufficient to show and explain
the company's transactions and disclose with reasonable accuracy al any lime the financial position of the
company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the company and hen￿ for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Dlsclosure of Information to auditors
Each of the persons who are Trustees al the lime when this Trustees, Report is approved has confirmed that..
so far as that Trustee is aware. there is no relevant atjdil information of which the charitls auditors are
unaware, and
that Trustee has taken all the steps that ought lo have been iaken as a Trustee in order to be aware of
any relevanl audit infomialion and lo establish that the charity's auditors are aware of that information.
Auditors
The auditors, Slrgels Audit LLP, have indicated their willingness lo continue in office. The designated Trustees
will propose a motion reappointing the auditors al a meeting of the Trustees.
Approved by order of the members of the board of Trustees on 28 September 2022 and signed on their behalf
by..
Mrsc
rkÈr-
(Chair of Trusleesl
son
Cllr O C Bierley
Page 8

AGE UK LINDSEY
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF AGE UK LINDSEY
Oplnion
We have audited the financial statements of Age UK Lindsey Ilhe 'charitable companll for the year ended 31
March 2022 which comprise the Slalement of Financial Aclivilies. the Balance Sheet, the Statement of Cash
Flows ané the related notes, including a summary of signifieanl accounting politie5. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK
and Republic of Ireland, IUni18d Kingdom Generally Accepted Accounting Praclicel.
In our opinion the financial slalemenls..
give a true and fair view of the slate of the charitable compan￿$ affairs as at 31 March 2022 and of its
incoming resources and application of resources, including ils ineome and expenditure for the year then
ended.,
have been properfy prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with Inlemational Standards on Auditing IUKI (ISAS {UKII 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 lo our audit of the financial statements in the United Kingdom,
including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordanee with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate lo provide a basis for our opinion.
Concluslons relatlng to going concgrn
In auditing Ihe financial slalemenls, we have concluded that the Tnjstees, use of the going concern basis of
accounting in the preparation of the financial stslements is appropriate.
Based on the work we have perfomied, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable companys ability lo
continue as a going coneern for a period of at least ￿e1ve months from when the financial statements are
aulhorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect lo going concern are described in the
relevant sections of this report.
Page 9

AGE UK LINDSEY
{A Company Llmlted by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF AGE UK LINDSEY ICONTINUEDI
Other Informatlon
The other information comprises the information included in the Annual Report other than the financial
slalemenls and our Auditors, Report Ihereon. The Tnjstees are responsible for the other information contained
within the Annual Report. Our opinion on the financial statements does not cover the other information and,
except lo the exlenl othe￿iSe explicitly stsled in our report, we do not express any form of assurance
conclusion Ihereon. Our responsibility is lo read the other information and. in doing so, consider whether the
other information is materially inconsistent with the financial slalemenls or our knowledge obtained in the course
of the audit, or otherwise appears to be materially misslaled. If we identify such material inconsistencies or
apparent material misslalernents, we are required to determine whether this gives rise lo a material
misslatemenl in the financial slalemenls themselves. If. based on the work we have performed. we conclude
that there is a material misslalemenl of this other information, we are require(J lo report that fact.
We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In OLrr opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report for the financial year for which the finanoal statements are
prepared is consislenl with the financial slatemenls.
the Tnjstees, Report has been prepared in accordanee with applicable legal requirements.
Matters on whlch we are required to report by exception
In the light of our knowledge and understanding of the ¢harilable company and its environment obtained in the
ourse of the audit, we have not identified material misslatemenls in the Trustees, Report.
We have nothing lo report in respect of the following mallers in relation lo which Companies Act 2006 requires
us lo report lo you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have not been
received from branches not visited by us., or
the financial slalements are not in agreement with the accounting records and returns,. or
certain disclosures of Trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the Trustees were not enlilled lo prepare the financial stslemenls in accordance with the small
companies regime and lake advantage of the small companies, exemptions in prepanng the Trustees,
Report and from the requirement lo prepare 8 Str81egic Report.
P8ge 10

AGE UK LINDSEY
(A Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF AGE UK LINDSEY ICONTINUEDI
Ro$ponsibilitie$ ot trustees
As explained more fully in the Trustees. Responsibilities Statement, Ihe Trustees {who are also the directors of
the charitable company for the purposes of company lawl are responsible lor the preparation of the financial
statements and for being sabsfied that they give a true and fair view, and for such internal control as the
Trustees detemiine is necessary lo enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In prepaiing the financial statements, the Trustees are responsible for assessing the charitsble company's
ability lo continue as a going concem, disclosing, as applicable, matters related lo going concern and using the
going concern basis of accounting unless the Trustees either intend lo liquidate the charitable company or to
ase operations, or have no realistic alternative but to do so.
Page 11

AGE UK LINDSEY
(A Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF AGE UK LINDSEY {CONTINUEDI
Audltors. responsibiliti9s for the audlt of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement. whether due lo fraud or error, and to issue an Auditors, Report that includes our
opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always delecl a material misstslemenl when il exists. Misstalemenls 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 slalemenls.
Irregularities, including fraud, are instances of non-compliance with laws and regulab'ons. We design
procedures in line with our responsibilities, outlined above. to delect material misstalemenls in respect of
irregularities, including fraud. The exlenl to which our procedures are capable of detecting irregularities.
including fraud is detailed below..
Our approach to identifying and assessing the risks of material misstalemenl in respect of irregularities,
including fraud and non-compliance with laws and regulations, was as follows..
the engagement partner ensured that the engagement team collectively had the appropriate
competence, capabilities and skills lo identify or recognise non-compliance with applicable laws and
regulations.,
we identified the laws and regulations applicable to the charity through discussions with Trustees and
other management, and from our commercial knowledge and experience of the charity.,
we focused on specific laws and regulations which we considered may have a direct material effect on
the financial slalemenls or the operations of the charity, including the Charities Act 2011, taxab.on
legislation, data protection, employment and health and safely legislation.,
we assessed the exlenl of compliance with the laws and regulations identified above through making
enquiries of management and inspecting legal correspondence.. and
identified laws and regulations were communicated within the audit team regularly and the team
remained alert lo instances of non-compliance throughout the audit.
We assessed the susceptibility of the charity's financial slalemenls to material misstalemenl, including
obtaining an understanding of how fraud might occur, by..
making enquiries of management as to where they considered there was susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud., and
considering the internal controls in place to miligale risks of fraud and non-compliance with laws and
regulations.
To address the risk of fraud through management bias and override of controls, we..
performed analytical procedures lo identify any unusual or unexpecleé relationships.,
tested journal entries lo identify unusual transactions.,
inveslreigaled the rationale behind significant or unusual Iransaclions.
reviewed Trustee meeting minutes for evidence of appropriate decision-making and management
controls.
In response to the risk of i￿egularitieS and non-compliance with laws and regulations, we designed procedures
which included, bul were not limited to..
agreeing financial statement disclosures lo undedyng supporting documentation..
Page 12

AGE UK LINDSEY
(A Company Llmlted by Guarant•el
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF AGE UK LINDSEY ICONTINUEDI
reading the minutes of meetings of those charged with governance., and
enquiring of management as lo actual and potential liligalion and claims., and
reviewing correspondence with HMRC. relevant regulators and the companls legal advisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial transactions, the less likely it Is that we would become aware of non-compliance.
Auditing standards also limit the audit procedures required lo identify non-cornpliance with laws and regulations
to enquiry of the Trustees and other management and the inspection of regLJlatory and legal corresponden￿, if
any.
Material misslalements that arise due to fraud can be harder to detect than those that arise frtsm error as they
may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is Ioc8ted on the Financial
Reporting Council's website al.. www.frc.or
.uklaudilorsres
onsibililies. This description forms part of our
Auditors. Report.
Use of our report
This report is made solely to the charitable companls 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 slate lo the
charitable company's members those mallers we are required to slate lo them in an Auditors, Report and for no
other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility lo anyone other
than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions
we have formed.
Robert Anderson FCA (Senior Statutory Auditor)
for and on behalf of
street$ Audit LLP
Chartered Accountants & Stalulory Auditor
Tower House
Lucy Tower st￿et
Lincoln
LN1 1XW
Dale.. 12 Decetnber 2022
Page 13

AGE UK LINDSEY
IA Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2022
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Total
funds
2021
Note
Income from:
Donations and legacies
Charitsble activities
Other trading activities
Investments
227,137
71,912
220
648.336
70
299,049
220
999,304
2,285
178,068
183
648,336
83
13
Total Income
227,150
720,538
947,688
1, 179,840
Expenditure on:
Raising funds
Charilable activities
5,200
266,OB8
711,061
30,454
716,261
296,542
568,974
607, 608
Total expendilure
271,288
741,515
1,012,803
1, 176,582
Net lexpenditure}lincome
Transfers between funds
144,1381
13,928
120,9771
113,928)
165,1151
3,258
16
Net movem9nt in funds
130,2101
134,905}
165,1151
3,258
Roconciliation of funds-
Total funds brought forward
Nel movement in funds
56,514
130.210)
483,876
{34,9051
540,390
165,1151
537,132
3,258
Total funds carried forward
26,304
448,971
475,27S
540,390
The Statement of Financial Acb'vilies includes all gains and losses recognised in the year.
The notes on pages 18 to 38 form part of these financial stalemenls.
Page 14

AGE UK LINDSEY
IA Company Llmited by Guarantee)
REGISTERED NUMBER: 03917990
BALANCE SHEET
AS AT 31 MARCH 2022
2022
2021
Note
Flxed a$$•t$
Tangible assets
13
338,976
335,207
338,976
335,207
Current assets
DebtOTS
14
52,090
229,169
57,161
283,250
Cash at bank and in hand
281.259
340,411
Creditors: amounts falling due within one
year
15
{144.960}
(135.228)
Net Current a$sets
136,299
205, 783
Total assets less ¢urront liabiliti0$
475,275
540,390
Nèt assèts excluding penslon assèt
475,275
549,390
Total net assets
475,275
540,390
Page 15

AGE UK LINDSEY
IA Company Limited by Guarantee)
REGISTERED NUMBER: 03917990
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2022
2022
2021
Note
Charlty funds
Reslricled funds
Unrestricted funds
16
16
26,304
448,971
56,514
483,876
Total funds
475,275
540,390
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect lo
accounting records and preparation of financial slatemenls.
The financial statements have been prepared in accordance with the provisions applicable to entities subject lo
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 28 September 2022 and
signed on their behalf by..
Mrs C E Parker-Robson
{Chair of Trusleesl
Cllr O C Blerley
The notes on pages 18 to 38 form part of these financial statements.
Page 16

AGE UK LINDSEY
(A Company Llmlted by Guarantè81
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022
2022
2021
Cash flows from operatlng activities
Nel cash used in operab'ng activities
126,8771
174,655
Cash flows from Investlng actlvities
Dividends, interests and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of tsngible fixed assets
83
183
1,161
139,750}
32,525
(66,380)
Net cash used in investlng actlvltles
138,506}
{33,672}
Cash flows from financing activities
Repayments of borrowing
11,300
(20.000)
Net cash provided byllused inl financing activlties
11,300
{20,0001
Change in cash and cash equivalents in the yèar
Cash and cash equivalents al the beginning of the year
154,0831
283,252
120,983
162,269
Cash and cash equlvalent$ at the end of the year
229,169
283,252
The notes on pages 18 to 38 form part of these financial statements
Page 17

AGE UK LINDSEY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Gen¢ral information
As set out in the Trustee's report, Age UK Lindsey is an incorporated charity limited by guarantee
registered in England and Wales. The address can be found on page 1 of these fin8nci81 slalemenls.
The principal objective of the eharily is to promote the relief of older people in any manner whi¢h now or
here after may be deemed by law to be charitable within the districts of East and Wesl Lindsey,
Lincolnshire and North Lincolnshire.
The Board of Trustees is aware of the need for the charity lo provide public benefit and has paid due
regard lo the guidance on public benefit issued by the Charity Commisslon.
These financial slalemenls have been prepared in sterling, whlch is the function81 currency of the entity.
Accounting policies
2.1 Basis of preparation of financial Statements
The financial slalements have been prepared in accordance with the Charities SORP {FRS 1021
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 IFRS 102} leffeclive 1 January 20151, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
Age UK Lindsey meets the definition of 8 public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction valve unless otherwise staled in the relevant
accounting policy.
2.2 Going concern
During Ihe year, the UK has experienced a pandemic of the coronavirus. The potential effects lo the
charity and its future prospects are becoming clearer bul not ￿rtaIn, however. the Iruslees remain
committed to the protection of the charity. The charity continues lo undergo significant changes lo
activities and the operating and viability position of the charity is under close scrutiny by Iruslees and
management. Accordingly the financial statements have been prepared on a going concern basis.
Page 18

AGE UK LINDSEY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ountin9 pollclès {contlnued)
2.3 Income
All income is recognised once the company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
The Tecogr)ilion of income frorn legacies is dependent on establishing enlitlemenl, the probability of
receipt and the ability lo estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the company has sufficient evidence that a gift has been left lo
them Ilhrough knowledge of the existence of a valid will and the death of the benefactor} and the
executor is satisfied that the property in question will not be required lo satisfy claims in the estate.
Receipl of a legacy musl be recognised when il is probable that il will be received and the fair value
of the amount receivable, which will genera51y be the expected cash amount lo be distributed lo the
company, can be reliably measured.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance Sheet. Where income is received in advance of enlitlemenl of receipt. its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised 81 the time the investment
income is receivable.
2.4 Expenditure
Expenditure is recognised On￿ there is a legal or constnjctive obligation lo transfer economic
benefit to a third paty, il is probable th21 a transfer of economic benefits will be required in
selllemenl and the amount of the obligation can be measured reliably. Expenditure is classified by
aclivily. The cosls of each activity are made up of the total of direct costs and shared cosls,
including support costs involved in undertaking each activity- Direct costs attributable lo a single
activity are allocated directly to that aclivily. Shared costs which contribute lo more than one activity
and support costs which are not atlribulable lo a single activity are apportioned between those
activities on a basis consistent with the use of resources.
Expenditure on raising funds includes all expenditure incurred by the company to raise funds for ils
haritable purposes and includes costs of all ftjndraising activities events and non-charilable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Governmgnt grants
Govemment grants relating lo tangible fixed assets are treated as deferred income and released to
the Statement ol Financial Activities over the expected useful lives of the assets concerned. Other
grants are credited lo the Statement of Financial Actsvities as the related expenditure is incurred.
Page 19

AGE UK LINDSEY
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policigs (continued)
2.6 Tangible fixed assets and depreclation
Tangible fixed assets costing £100 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model,
tangible fixed assets are measured al cost less accumulated depreciation and any accumulated
impairment losses. All costs incurred to bring a tangible fixed asset into ils Intended working
condilion should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their eslimaled useful lives.
Depreciation is provided on the following bases=
Freehold land
Impvts. to Leasehold Property
no depreciation
depreciated over the lifetime of the lease up to
the breakout clause period
15°/o Straight line
25°/o Straight line
15°/o reducing balance, 170/0 slraighl line. 20Vo
slraighl line or 25¥0 Straight line
15 % straight line
Fixtures and fillings
Molor vehicles
Other equipment
Kitchen equipment
2.7 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounls due.
2.8 Cash at bank and in hand
Cash al bank and in hand includes cash and short-term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
2.9 Liablllties and provisions
Liabilities are recognised when the￿ is an obligation al the Balance Sheet dale as a result of a past
event, Il is probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlement can be estimated reliably.
Liabilities are recognisèd at thè amount that thè company anticipates it will pay lo settle the debt or
the amount it has received as adVan￿d payments for the goods or services it musl provide.
Provisions are measured al the best estimate of the amounts required to settle the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted al the pre-tax discount rate that reflects the risks specific lo the liability. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
Page 20

AGE UK LINDSEY
IA Company Limited by Guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policios {continuedl
2.10 Fund accountlng
General funds are unrestricted funds which are available for use al the discretion of the Trustees in
furtherance of the general objectives of the company and which have not been designated for other
purposes.
Designated funds ￿MprISe unr8StTlCted funds that have been sel aside by the Trustees for
particular purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Reslricled funds are funds which are lo be used in accordance with specific restrictions imposed by
donors or which have been raised by the company for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each reslricled
fund is set out in the notes lo the financial stalemenls.
Investment income, gains and losses are allocated to the appropriate fund.
Page 21

AGE UK LINDSEY
{A Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Income from donations and legacles
Restricted Unrestricted
funds
funds
2022
2022
Totsl
funds
2022
Total
fvnds
2021
Donations
Legacies
Grants
Government grants
400
48,617
49,017
60,662
9.497
483,327
445.824
226,737
226,737
23,291
23.291
Total 2022
227.137
71,912
299,049
999,304
Total 2021
313,842
685,462
999,304
Government grant income represents income received during the Covid-19 pandemic. The charity
received grant funding from the Coronavirus Job Retention Scheme and the Retail, Hospitality and
Leisure Grant Fund.
Incomo from charitable activities
UnrgStri¢tgd
funds
2022
Total
funds
2022
Tot81
fvnds
2021
Lunch Clubs
Lifeslyle Cenlre
Community Engag8mgnt
354
1,661
270
220
220
Total 2022
220
220
2,285
Total 2027
2,285
2,285
Page 22

AGE UK LINDSEY
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Income from other trading activities
Income from fundraising events
Unrestrieted
funds
2022
Total
funds
2022
Total
funds
2021
Insurance Commissions
Other aclivity'es for generating funds
15,136
4,654
15,136
4,654
15, 136
6,562
Total 2022
19,790
19,790
21,698
Total 2021
21,698
21,698
Incom8 from non charitable trading activities
Unrestrlcted
funds
2022
Total
fund$
2022
Total
funds
2021
Charity Shops
628,546
628,546
156,370
Total 2021
756,370
756,370
Investment Income
Restrictad Unrestricted
funds
funds
2022
2022
Total
funds
2022
Total
fijnds
2027
Investment income
13
70
83
183
Total 2027
36
747
183
Page 23

AGE UK LINDSEY
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Expondlture on raising funds
Costs of raising voluntary Income
Unrestrlcted
funds
2022
Total
funds
2022
Total
fvnds
2021
Fundraising Costs
3.993
Total 2021
3,993
3,993
Fundraising trading expen5e5
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Total
funds
2021
Purchases
Premises expenses
Office costs
Equipment, repairs & servicing
Professional fees
Depreciation and loss on disposal
Awards given- Gertrude Penney
Bank charges
Meeting costs
Other staff expenses
Wages & salaries
9,155
123,134
22,270
43,066
6,556
31,763
9,155
123.134
22.270
43,066
6,556
31,763
5,200
6,341
77
f,856
77,596
22,278
47,175
5,460
25,030
5,200
6,341
77
2,843
10,418
458,281
10,418
458,281
8,409
374,334
Total 2022
5,200
711,061
716.261
564,981
Total 2021
564,981
564.981
Page 24

AGE UK LINDSEY
IA Company Limited by Guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analysis of gxpenditure on charitable activities
Summary by fund type
Restricted Unrestrlcted
funds
funds
2022
2022
Total
fund$
2022
Tot81
funds
2027
T.E.D. Project
Lifestyle Centre
Lunch Clubs
Independence al Home
Development
Befriending
Information and Advice
Community Engagement
Age UK Keep Connected
Volunteer Visitor Host Project
20,607
21,006
6,539
212,555
2,614
57,141
273, 729
27,073
46.944
2,880
2,880
83,314
145,866
24,243
23.874
16.365
83,314
142,672
3,194
24,243
137
23,737
16,365
Totsl 2022
266,088
30,454
296,542
607,608
Total 2021
332. 706
274.902
607,608
Page 25

AGE UK LINDSEY
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analysis of expenditurg by a¢livltlgs
Activitle$
undertaken
directly
2022
Support
¢o$ts
2022
Total
funds
2022
Total
funds
2021
T.E.D. Project
Lifeswe Centre
Lunch Clubs
20,607
21.006
6,539
212.555
2,614
57,141
213,129
27,073
46.944
Independence at Horne
Development
Befriending
Information and Advice
Communily Engagement
Age UK Keep Conneeled
Volunteer Visitor Host Project
2,880
75,082
89,450
134
19,054
14,736
2,880
83,314
145,866
24,243
23,874
16,365
8.232
56,416
24.109
4,820
1,629
Total 2022
201,336
95,206
296,542
601,608
Total 2021
452,638
154.970
607, 608
10.
Governance Costs - Auditors. remuneration
2022
2021
Fees payable lo the companvs auditor for the audit of the companys
annual accounts
3,500
3,250
Fees payable lo the companvs auditor in respect of-
All non-audit services not included above
1,000
Page 26

AGE UK LINDSEY
IA Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
11. Staff costs
2022
2021
Wages and salaries
700.115
854, 751
700,115
854, T57
During the year the charity made 1 12021 811 redundancies with redundancy payments lotalling £5,738
12021.. £57,639) in aggregate.
The average number of persons employed by the company during the year was as follows..
2022
2027
No.
Total Employees
55
50
No employee received rernuneralion amounting to more than £60,000 in either year.
Included within the total figure for wages and salaries costs are social security costs of £37,228 12021..
£32,262) and the operating costs of defined contribution pension schemes of £15,60412021.' £14,385}.
The key management personnel of the charity comprise the Chief Executive Officer, the Director of HR,
Performance and Quality, the Director of Finance and the Director of Operations and Developments. The
lolal employee benefits of key management personnel were £123,60712021.. £127,980).
12.
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2021- £NIL).
During the year ended 31 March 2022, expenses lotslling £NIL were reimbursed or paid directly lo
Trustee (2021- £NIL to Trustee).
Page 27

*)
¢4
YJ
c> *
ry e4

AGE UK LINDSEY
IA Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
14. Dobtors
2022
2021
Due wlthln one year
Trade debtors
Other debtors
Prepayments and accrued income
801
28,787
22,502
27,127
6, 739
23,295
52,090
57,761
15. Creditors: Amounts talling due within one year
2022
2021
Other loans
Trade creditors
17,967
10,161
8,241
43,101
65,490
6,667
22,482
8,255
5,573
92,251
Other taxation and social securty
Other creditors
Accruals and deferred income
144,960
735,228
Other loans comprise a 'Key Fund Growing Enlerprise in Communities" loan which is repayable in
monthly installmenls.
2022
2021
Deferred income al 1 April 2021
Resources deferred during the year
Amounts released from previous periods
55,179
65,490
{55,1791
69, 858
(14,679)
6S,490
55,179
Page 29

AGE UK LINDSEY
IA Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16.
Statement offunds
Staternent of funds - current year
Balance at
31 March
2022
Balance at 1
April 2021
Transfers
inlout
Income Expenditure
Unrestrlcted funds
Designated funds
Strategic plan designated fund
140,591
130,5961
109,995
General funds
Free reserves
Fixed asset reserve
11,802
331,483
720.538
1709,260)
{32,255)
123,0801
39,748
338.976
343,285
720,538
1741.515)
16,668
338.976
Total Unrestricted funds
483,876
720,538
{741,515}
{13,9281
448,971
Re$tri¢ted funds
Other reslricled grant funding
Eon Benefits
15,924
10,664
(29,8521
116,6801
13.928
6.016
Big Lottery grant- Benefits
Advice Project
GP Award
Hospital discharges
Henry Smith Grant- I&A
Later Life Goals Grant
Henry Smith - KC and
Befriending
Gertrude Penny Bequest Fund
Eon Handyperson Project
Granl
40,360
s,000
140,3601
(5,0001
{3,7201
131,4251
(20.5001
3.720
31,425
20,500
35,862
13
{35,8621
{5,200)
31.491
26,304
6,714
8,100
20.833
1,000
5,000
{14,814)
{20,833)
11,000}
15,000}
18,573}
17,196}
14,850)
(17,923)
T.E.D Befriending Project
Winter Health Grant
WLDC - Befriending
Age UK Lottery Grant
CRF Projeet
Lincs Community Trust
Volunteer Vislor Host Project
8,573
7,196
4,850
17,923
Page 30

AGE UK LINDSEY
(A Company Llmlted by Guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. Statom8nt of funds (continued)
Statomont of funds - current year (continued}
Balance at
31 March
2022
Balance at 1
Aprll 2021
Transfer$
inlout
In¢ome Expendlture
LCC - Managed Care Network
2,500
12,5001
56,514
227.150
1271.288}
13,928
26,304
Total of funds
540,390
947,688 {1,012,803)
475,275
Page 31

AGE UK LINDSEY
{A Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. Statement of funds Icontinuod)
General funds..
Deslgnated funds..
Strateglc plan:
These funds have been eamiarked by the Trustees of Age UK Lindsey to be spent on the befriending
service and the development of any other inillalives as identified in the Strategic Plan.
During the year a transfer of £30,596 from the strategic plan fund was made lo free reserves and
restricted income funds to support activity in these areas during the year.
Free rèserves:
The unreslricled reseNes of the charity are expendable al the discretion of the charity Tnjslees in the
furtherance of Ihe charitable objectives.
The charity received grants from CAF. Lincolnshire Community Foundation and Key Fund Investments
Limited lo support general activities of the charity.
Flxed asset reserve..
The fixed asset general reseNe represents the net book value of fixed assets purchases from general
funds.
Restricted funds-
Other restrictod grant funding..
Represents small and ad-hoc grant funding received in year to provide support and advice lo older
people in Lindsey.
Gertrude Penney Bequest Fund-
This fund is foi the relief of suffering of older people living in East and West Lindsey. In previous years.
applications have been confined to cases of hardship bul can be for anything that contributes towards
the relief of physical or mental suffering of older people. During the year income into the fund was the
interest received on the cash deposits held.
Eon Benefits:
To provide information and advice sessions with emphasis on saving rnoney on energy andlor finding
money to help with pawng for energy bills.
Big Lott9ry Grant . 8enefit$ Advice Project:
As part of the merger the Lottery grant Age UK North Lincolnshire received was transferred lo Age UK
Lindsey. The grant is for the Infom)alion & Advice service within North Lincolnshire. The funding is used
to provide home visits to individuals for benefits checks lo ensure they are receiving everything they are
enlilled to. The office for these employees is in Barton Upon Humber where a monitoring officer is based
to lake referrals and advise as appropriate.
GP Award:
£5,000 received from The Edward Gostling Foundation for the benefit of older people in Lindsey.
Page 32

AGE UK LINDSEY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16.
Statoment of funds Icontinuedl
Dff Bus Operators Grant:
A grant from the Department for Transport IDff) provided reslricled funding for the purchase of two new
mini buses. This balance represents the Fixed Assets still to depreciate and is not a monetary fund. In
the year both minibuses were disposed of leaving a £Nil balance at 31 March 2021.
Hospital Discharges:
North Lincolnshire Council provided restricted funding for the purchase of two people carriers to reduce
hospital discharge times. In the prior year North Lincolnshire CCG provided addibonal ftjnding for
revenue costs to support the reduction of hospital discharge times. The balance of £3,720 at 31 March
2021 is made up of Fixed Assets which are still lo depreciate. There was no monetary fund remaining.
Hènry Smith I&A Grant:
The Henry Smith Charity has awarded a grant towards a project providing information and advi￿ for
older people in Easl and West Lindsey in Lincolnshire. The grant should be spent towards the salary and
on-cosls of four part time Information and Advice Officers over a three year period.
Later Lrfe Goals Grant..
This grant through Age UK is to be used to support individuals as they go through signrficant life events
lo help achieve individual goals, tackle loneliness and reduce financial hardship.
Henry Smlth Keep Connected Grant
These funds have been awarded to support the charitvs befriending service and the Keep Connected
services.
Henry Smith- Befrignding..
These funds have been awarded to support the charity's befriending services.
Eon Handyperson Prolect:
This projecl aim was lo carry out energy checks and to provide energy saving equipment such as
radiator foils, draft exclusers and low energy light lightbulbs.
T.E.D Befriending Project..
These funds are awarded by T.E.D East Lindsey for the purpose of improving the quality of life for older
people living in the East Lindsey area. The project focus is Socialisation and Friendship among older
people. The grant is lo be used lo employ a Befriending Co-ordinator and two Senior Befriender's, as
well as other costs associated with the project.
Winter Health Grant..
These funds were awarded for the purpose of supporbng local winter health Campaigns through
messaging and outreach lo help older people during winter.
T.E.D Lunch Clubs Project-
These funds are awarded by T.E.D East Lindsey for the purpose of developing new lunch clubs for older
people and other food related activities.
Age UK Lottery Grant:
These funds are awarded by Age UK lo support information and advice and befriending activities. Th&
funds can also be used to support raising public awareness and engaging with older people about their
needs and priorities.
Page 33

AGE UK LINDSEY
IA Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. Statement of funds Icontinued)
CRF ProSect'.
Grant funding lo support a joint project beiween Citizen's Advice North Lincolnshire and Age UK Lindsey.
The project purpose is to provide tailored support, inforn)alion and advice lo those at risk of social
isolation.. older and recently bereaved people.
Llncs Community Trust..
£4,850 received from Lincs Community Foundation to fund motor vehicle running costs in relation lo
Keep Connected services.
Age UK Keep Connected Grant..
These funds have been awarded lo support the charitys befriending service and the Keep Connected
services.
WLDC- Befriendlng:
These funds are awarded by WLDC for the purpose of providing befriending setvices for older people in
Wesl Lindsey.
Statement of funds - prior year
B81ance at
31 March
2021
8alance al
7 April 2020
Transfers
in/out
Income Exp8ndilu
Unrestrlcted funds
Designated funds
Strategic plan designated fund
t40,591
140,591
Balance al
31 March
2021
Balance at
l Apnl 2020
Transfers
in/oul
Income Expenditure
General funds
Free reserves
Fixed asset reseNe
865,948
(775,473)
(68,389)
(78,673)
78,673
11,802
331,483
321, 199
321, 199
865,948
(843,862)
343,285
Total Unrestrictad fund$
461.790
865.948
(843,862)
483,876
Restricted funds
Other reslrieted grant funding
Eon Benefits
37,455
36
3t,491
6,016
27,962
(21,946)
Page 34

AGE UK LINDSEY
(A Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. Statemant of funds {continuod)
Staternent of funds - prior year lcontinuod)
Bslance al
31 March
2021
Balance al
l Apnl 2020
Transfers
in/oul
Income Expgndilure
Big Lottery grant- Bgnefils
Advice Project
Dff Bus Operators grant
Hospital discharges
Henry Smith Grant- I&A
Later Life Goals Grant
Henry Smith- KC and
Befriending
Eon Handyperson Project
Grant
69,877
(69,877)
(34, 173)
(5,580)
(39,051)
f2f,000)
34,173
9,300
3. 720
39,051
21,000
40,597
(40,597)
414
6,300
36,165
19,611
8,573
8,842
35,864
6,714
T.E.D Befriending Proje
T.E.D Lunch Clubs Project
Age UK Lottery Grant
CRF Project
Age UK Keep Connected
(36, 165)
(19,671)
8.573
(8,842)
(35,864J
75,342
313,878
(332, 706)
56,514
Total of funds
537,132
7, 179,826 (1, 176,568)
540.390
Page 35

AGE UK LINDSEY
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
17. Summary of funds
Summary of funds - Current year
Balance at
31 March
2022
Balance at 1
Aprll 2021
Transfers
Inlout
Income Expenditure
Designated funds
General funds
Reslricted funds
140,591
343,28S
56,514
130.5961
16,668
13,928
109,995
338,976
26,304
720,538
227.150
(741,5151
{271,2881
540,390
947,688
11,012,803)
475,275
Summary of funds- prioryear
Balance al
31 March
2021
8818nce al
1 April 2020
Transfers
in/oul
Income Expenditure
Designated funds
General funds
Reslricled funds
140,591
321,199
75,342
140,591
343,285
56,574
865,948
313,878
(843.862)
(332. 706)
537, 132
1, 179,826
(1. 176.568)
540,390
18.
Analysis of net assets between funds
Analysis of net assets between funds - eurrent year
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Tangible fixed assets
Current assets
Creditors due within one year
338,976
254,955
1144,9601
338.976
281,259
{144,9601
26,304
Total
26,304
448,971
475,275
Page 36

AGE UK LINDSEY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
18. Analysis ol net assets between funds Icontinuedl
Analy$i$ of net assets between funds - prior year
Restricted Unrestricted
funds
funds
2021
2021
Total
funds
2021
Tangible fixed assets
Current assets
Creditors due within one year
3, 720
52, 794
331,487
287,617
(135.228)
335,207
340,417
{135.228)
Total
56,514
483,876
540,390
19.
Reconciliation of net movement In funds to net cash flow from operating activities
2022
2021
Nel incomelexpenditure for the year las per Slatgmgnt of Financial
Adivitiesl
{65,1151
3,258
Adjustments for:
Depreciation charges
Dividends, interests and rents from investrnents
Profit on the sale of fixed assets
Decrease in debtors
Increaselldecreasel in creditors
35.979
{831
11.1611
5,071
11,568}
68,389
(183J
(5.062)
65,4Q7
42,852
Net cash provlded byllused inl opgrating activities
126,877)
174, 655
20. Analysis of cash and cash equival8nts
2022
2021
Cash in hand
229,169
283,252
Total cash and Cash equivalents
229,169
283,252
Page 37

AGE UK LINDSEY
(A Company Limitgd by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
21. Analysis of changes in net debt
At 1 April
2021 Cash flows
At 31 March
2022
Cash al bank and in hand
Debt due within 1 year
283,250
{6,6671
154,0811
111,3001
229,169
17,967}
276.583
165,381)
211,202
22. Operating lease commitments
Al 31 March 2022 the company had commitrnents to make future minimum lease payments under non-
cancellable operating leases as follows..
2022
2021
Total
Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years
81,228
174,451
62,400
96,785
191,041
78,000
23,
Related party transactions
clai￿ Parker-Robson, a Trustee of the charity, is a partner at Wilkin Chapman LLP. Wilkin Chapman
provided legal services to the charity in connection lo property leases and acqtjisilions. The total costs
paid lo Wilkin Chapman were £Nil12021'. £5801.
Page 38