REGISTERKD COMPANY NUM BER: 03917990 (Ei ngland and Wale5)
REGISTERED CHARITY NUMBER: 1079691
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
AGE UK LINDSEY
(A COMPANY LIMITED BY GUARANTEE)
Dexter & Sharpe Audit Services Ltd
(Statutory Auditor)
Rolle5tone House
Bridge Streel
Horncastle
Lincolnshire
LN9 5HZ

AGE UK LINDSEY
CONTENTS OF THE FINANCIAL sTATEME￿rs
FOR THE YEAR EI%DED 31 MARCH 2024
Page
Tru5teesl Report
I to 7
Report of the Indepeiident Auditors
8 to 10
Statement of Finaneial Attlvlllts
Bnlance Sheet
12
Cash Flow Statement
13
Note5 to the Cash Flow Statement
14
Notes to the Flnan¢l*l Statements
15 to 28
Detailed Statement of Finanelal Activities
29 to 30

ACE UK LINDSEY
TRusfEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The li'uslees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statemen15 of the charity for the year end¢d 31 March 2024. The tru51ees have adopted the provisions of
Accounting and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their
accounts in accordance with Ihe Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102)
(efYe¢tive l January 2019).
Since the company qualifies as small under section 383, the strategic report required of medium and large companies
under The Companies Act 2006 (Strategic Report and Directorfs Report) Regulations 2013 is not required.
The Irustees, report is a oombined directors, report and ITUStees' annual reporL The combined annual report therefore also
contains a directors, report as r¢quired by law.
013JECTIVES AND ACTIVITIES
Objective5 aims
In Setting objectives and planning for activities, the Trustees have given due consideration to general guidance published
by the Charity Comiiiission relating to public benefit.
The objects of the charity are to promote thc relief of older people in any rnanncr which now or hereafter may be
deenied by law to be Charitable within the districts of East and West Lindsey and North Lincolnsliire.
Th¢ Board of Trustees convened during May, July• S¢ptember, November. January and March. The AGM took place on
7th Februaiy 2024.
Page I

AGE UK LINDSEY
TRU￿￿ES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEME4 NT AND PERFORMANCE
Cliarithble activllfies
The chartty received reacci'edilation in charity quality Standards through Age UK itb February 2024. The main activities
and service¥ the charity run is described below. These Services have been set up with the trustees, approval and with due
con5ideralion given to the Charity Commission's guidance on public benefit and in line with the charity's mission
Statement.
The Inforniation and Advice serviee has full coverage across East Lindsey, West Lindsey and North Lincolnshire and in
June 2023 retained the advice quality 51andard. The Service Manager oversees all aspects of the service including
monitoring and evaluation in line with the Age UK Quality Standards. InformatÈon and Advice otTicer8 are home based
and d¢liver the service over the telephone and with home visits for our most vulnerable clients. The client support team
(THRIVE) continue to support the service and provide first point of contact for people phoning ihe cliarity. They
support clients through giving iiiformation over the telephone, post relevant information out and refer them lo
appropriate sei'vices within tlie charity or ¢xt¢mal providers. On average, they support oveT 400 clients a month and
have Claimed over £2 million in unclaimed benefits wiihin a rolling 12-month period.
The charity shops, which has a150 included an online shop, are ihe main source of unreslricted income into the charity,
The online shop closed September 2023 and a new sliop premises was opened within Caislor in Mai'ch 2024. The
charity 15 constantly reviewing the shop premises to identify polential new location5 whether in the same town or new
towns to increase the unrestricted income into the charity and are working to reopen an improved online shopping offei..
The Befriending sei'vice Continues to support clients in East Lindsey, West Lindsey and North Liiicolnshire receiving
regular Calls and home visits. After securing additional fijnding ihe number of friendship groups inci'eased to 8 wilh&n
East Lindsey over the year, There is an online friendship group available for anyone to join. The service supports
approximately 250 clients a month with the support of a d¢dicaied team of volunteers.
The Keep Connected Project has continued throughout the year. The Keep Connecled Infobus provided an outreach
gei'vice ai'ound East Lindsey, Wesl Lindsey and North Lincolnshire to enable clients to receive informaiion on oui.
sei'vices and to promote the chai'ity. The digilal support drop ins and the tablct loan ￿llerne ran throughout the year to
assist will) iinproving clients digilal skills and knowledge.
The wintei. period was busier than ever with 2500 winter warmth packs delivered to vulnerable clients or homeless
shelter5. These packs wnlained food items, energy saving products and item5 to assist wilh keeping them wai'm. The
district councils within our delivery area all provided funding for these packs alongsid¢ a variety of othei. fuiiders which
meant we were able to deliver packs across all three service delivery areas.
The scanis preventioii and ViLlim support project continued within North Lincolnshire ihroughout the yeai.. Scams
awarLncss talks al'e given lo IoLal groups and one-to-one support is available to raise awareness 011 potential scanis or to
support victims of a scam. Due to new funding we were able to stait offering the same seivice acro55 West Lindsey trom
Febi'uai'y 2024.
At tl)e end of the financial year there were 51 paid staff and 198 active volunteers.
Fuiidraislng Retivities
A Christmas fete was held early December raising over £500 for the charity. After the fete So local clients attended a
free Christmas lunch after receiving funding from Horncaslle Town Council and orher local businesses. A small staff
team a150 entered a local Santa Run supporting Age UK Lindsey raising over £750. A cal¢ndar of fundraising events is
arranged for next year including a summer festival.
Suppoi'ter donations 2nd event sponsorsliip were received during the year from Tesco's, FH Manning, Laurels service
station, Wilkin Chapman, Dexter & Sharp¢, Robert Bell & Company and Polypip¢.
Page 2

AGE UK LINDSEY
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVICI W
Principal funding sources
The principal source of unreslricted income comes from our charity shops alongside fundraising events held during th¢
year,
Th¢ oharity was awarded a six-monlh contract and received £24,924 funding from Age UK for increased benefit
enlitleinent ch¢cks IhroLtgh tlie Inforniation and Advice service. In addilion, a contract from Age UK totalling £13,095
was given to support the Home Energy Check Project, providing free assessments and equipment to the homes of oldei.
people. assisting them lo stay warmer during the winter.
To expand our Befriending service a variety of new grant fijnding was secured which totalled £37,056, The funding
ame from Shine Lincolnshire, West Lindsey Districl Council and Nuclear Waste Service. Additionally Henry Smith
funding of £35,000 assisted to support the b¢friending s¢rvices, digital drop in and covering the volunteer costs.
Tl)e Henry Smith Charity continued lo support our Inforniation and Advice s¢rvice and £48,000 was received to ¢ov¢r
cosls as50ciat¢d with running the service. Alongside the 14enry Smiih funding from Age UK cost of living fund we
received a further £37,091 to assist wilh running the Information and Advice service.
Puiiding from Nationwide continued to fund our client support service during the year. In total £32,500 was received to
support the team.
A creation of a wann space with our Barton shop was achievable after £50,000 funding by the Clothworkei's. With
additional funding from the Nalional Lottery, we were able lo cr¢ale a dedicated office space above the shop and
enhance the warm space further. The National ￿ttery funding was also able to keep the digital drop in running iii North
Lincolnshire until the end of March 2024 after other funding ended and provided some funding for winter warmth packs.
From the National Lottery a grant of £56,410 was rec¢iv¢d.
The Keep Connected service continu¢d to offer digital access and support offered thTough grants from Age UK totalling
£43,255. This funding ended in November 2023 which led lo a reduction in the service unlil fui'iher funding was
seciired. Through Iliis proj¢cl, we delivered winter warmth packs to vulnerable clients using a vai'iety of funding sources
which totalled £89,547.
Humberside Police and Crim¢ Commissioner funded the ¢harity's scams preventioii and victim suppoi'l project within
North Lincolnshire. The project ended in January 2023 and during this financial year, we received £20.336 of funding,
The scams prevention and victim 5UPPOrt project expanded in February 2023 after receiving funding Ihrougli Age UK
and during this finaiicial year £5,537 was received.
During this year the charity did not receive any legacies.
Reserves policy
The Finance Sub Conimittee on b¢half of the Board of Truslees conducts an annual review of the level of unr¢strtcted
reserves in the general fund by considering risks a$s￿lated with the various income streams, expenditui'e plans and
balaiice gheet items. This ¢nables an ¢stimate to be made of the level of i'eserves held in designated funds required by the
charity. At the yeai. end the charity has unrestricted funds amounting to £362,581.
Whilsl. the strategic plan remain5 in place it is reviewed by the Board of Trustees and the Executive Manageinent Teain.
In addition, the reserves policy will b¢ annually amended to take account of the worklng capital requirements of the
Charity especially considering the future developments of the charity.
Goii)E coneerll
After inaking appropriate enquiries and continuing to review options as factors change, the Trustees have a reasonable
expectation tliat the company has adequate resources to continue in operational existence for the foreseeable future, Foi.
this reason, they continu¢ to adopt the going concem basis in preparing the financial slatements.
Page 3

AGE UK LINDSEY
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
FUTURE PLANS
The Chair continues to look to strengthen the Board of Trustees and is actively looking to recruit new Trustees who will
bring a wide range of skills and experience to ihe charity. The development teain continue to look fi)r relevant funding
opportunilies to develop new services or maintain and expand our current service delivery.
New sources of unrestricted income are always being investigated to ensure services can run through all oui. ai'¢as of
benefil without thc specific need of grants being achieved. The offer of a paid for handyperson s¢rvi¢e is currently being
drafied for considerdtion which could offer a small amount of unrestricted income for the charity.
The land on South Slreel is for sale. After some early interest in the land. unfortunately the offers received were too far
below the valuation. Plans on how to remarket the land are currently b¢ing considered.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Age UIC Lindsey is a registered company (number 3917990) and charity (number 1079691). Ils governing document is
its Articles of Association. The company was incorporated on 2 February 2000 and charitable status was gained on 3
M81rh 2000.
The company remained dormant until April 2001 when it took over the assets and liabilities of the unincorporated Age
Concern Lindsey> I'¢gi5t¢red charity number 503533.
Al th¢ boai'd meeting of 27th July 201 O the Companies House Special Resolution Form was agreed and signed by the
Chairman to formally change the name of the charity to Age UK Lindsey. A Brand Partnership Agreement between Age
UIC and Age UK Lindsey has taken the place of ihe Age Concern Federation memb¢rship and is the new way of working
with the natioiial charity,
On the 6th September 2017 an ¢xlraordinary general meeting took place before Age UK Lindsey and Age UK North
Lincolnshire, registered charity number I l 01646, became one entity on the I st October 2017.
R¢eruilment and appointmenl of new Irustees
Duriiig the year thei'e was one appointment to the trustee board. The charity is actively seeking for new trustees to join
the Board to cover any gaps in expert15e.
Orgajiisational structure
The day-lo-day activities of the charity are overseen by the Chief Executive Officer, supported by the Executive Teain,
The Chief Executive 0￿1ccr is managed and reports to, the Board of Trustees. The Trustees typically meet bi monihly
aiid have the power to determine the quorum for the Iransaclion of busines5 provided that the quorum for the meeting of
the Board.shall never be less than one quarter or ihree ofthe members of the Board.
During the year a Finance Sub committee made up of the Chief Executive Ofyicer, Director of Finance and at least two
men)bers of the Board including the Treasurer, met bi-monthly at two weeks prior to the full Board meetings and
I'epoi'ted dii'ectly to the Board.
Tlie Executive Management team for the charity comprises of the Chief Executive orricer, Director of Operations and
Partnei'ships, and Director of Finance. The remuneration of these senior staty members is derived by comparing the
salai'y to similai. posilions within ihe same sector and allgning this with the current charity pay scale.
lllduetion trainSng of new trustees
The charity has developed a Trustee Induction Pack. The Induction Pack contains two documents from the Charity
Commission, "Welcome" and "The Essential Trustee"
li also contains the charity's Memorandum and Articles of
Association, a set of the latest Management Accounls, and a copy of the last audited Annual Accounts, the latest Annual
Rei)ort, minutes from recent Board Meetings and an Age UK Lindsey Trustee Jnformation document. Thi5 pack 15 given
to all new Trustees.
Page 4

AGE UK LINDSEY
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
RelNted parties
The Lharity off¢rs a workplace pension scheme vla The People's Pension. Any individuals enrolled into the pension
schenie have monthly deductions made which are then paid acTOSS monthly by the charity tncluding the employer
coiilribution.
A register of all the trustee I'elated parties is kept within the charity to highlight any pol¢ntial conflicts of iiit¢i'est. These
are reviewed at each board meeting to ensure the register is up to date and relevant.
Risk minagemenl
Th¢ Board of Trustees monitor at each board meeting the major risks that the charity is exposed to and keep under
review the adequacy of the systems. These systems are believed to be sufficient and appropriate to ihe size of the chai'ity
and the nature of its operations. The charity has a comprehensive risk register compiled by the Board of Trust¢¢s in
conjunction with tlie Ex¢culive Management team which is also regularly reviewed.
REFCRINCE AND ADMINISTRATIVE DETAILS
Registered Company nunibtr
03917990 (England and Wales)
Registered Charity number
1079691
Registered office
The Old School House
Manor House Street
Horiicastle
Lincolnshire
LN9 5HF
Trustees
Mrs C E Parker Robson
Canon J Thorold
Cllr O C Bierley
Ms R Dobbs
Mr l Brown
Mrs C L Markham
Mr J D Brindle
Ms A Watson
Cllr K Carless (appointed 7.2.2024)
The chairman of the board of trustees is Mrs Parker Robson, the vice-chairman is Canon Thorold and the treasui¢r is
Cllr Bierley.
Compaiiy SeeretAry
Mrs C E Parker Robson
Auditors
Dextei. & Sharpe Audit Services Ltd
(Statutory Audilor)
Rollestone House
Bridge Sireet
Horncastle
Lincolnshire
LN9 5HZ
Page 5

AGE UK LINDSEY
TRUSTEES. REPORT
FOR THE YEAR ENDED31 MARCH 2024
REFERLI NCE AND ADMINISTRATtVE DETAIiS
Sollciton
Wilkin Chapman
Oxley House
Lincoln Way
Louth
LNI I OLS
BRiikers
Lloyd.s Bank PIC
202 High Street
Lincoln
LN5 7AP
Shawbrook Bank Limited
Luiea Ilouse
Warley Hill Business Park
The Drive, Great Warley
Brentwood
Essex
CM13 3BE
Chief executive officer
Mr A Storer
•TATEME]YT OF TRUSTEES, R&SPONSI BILITIES
The Irustees (who are also the directors of Age UK Lindsey for the purposes of Company law) are responsible for
pi'epai'ing the Trustees, Report and the financial statemenls in accordance with applicable law and United Kingdom
Accountin¥ 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 slate of affaii's 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, tlie
trustees are r¢quired to
select suitable accounting policies and then apply them consistently.
obsei've Ihe methods and principles in the Charity SORP;
make judgeimeiils and cslimatLS thal arc reasonable and prudent,
prcpai'¢ the findncial statements on th¢ going concern basis unless it is inappropriate to presume that the charitable
company will continue in busines8.
The trustees al'e responsible for keeping proper accounting records which disclose with reasonable ac¢ui'a¢y at any tiine
the financial position of the charitable company and to enable them to ensure thal the financial slatements comply with
the Companles Act 2006, They are also responsible for saleguarding th¢ asset5 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 Irustees are aware:
there As no I'elevant audit information of which the charitable company's auditors are unaware: and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
infoi'matlon and to establish that the auditors are aware of that information.
AUDITORS
The auditors, Dexter & Sharpe Audit Services Ltd. will be proposed for re-appointment at the forthcoming Annual
General Meeting,
Page 6

AGE UK LINDSEY
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
This report has been pr¢pared in accordanc¢ wÉth the special provisions of Part 15 of the Companies Act 2006 relating
lo small companies,
Approved by order of the board of trustees on 25 September 2024 and signed on its behalf by..
Mrs C E Parker Robson - Trustee
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
AGE UK LINDSEY
Opinio
We have audited tlie financial statements of Age UK Lindsey (the 'charitable company,) for the year ended
31 March 2024 which comprise the Statement of FÉnaDcial Activities. the Balance Sheel, the Cash Flow Slatement and
notes to the financial statements, including a summary of significant accounting policies. The financial reporting
fi'amework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial slatemenls:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming
resources and application of i'esources, including its income and expenditure, for the year then ended.
have been properly prepared in accordance with Uniled Kingdom Generally Accepted Accounting Practice. and
have been prepared in accordance with the requirements of the Companies Act 2006,
IIAsis for opinluii
We conducted our audit in accordance with Internalional Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibiliiies foi. the audit of the
financial statements section of our report. We are independent of the charitable company ii) accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, includin¥ the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believ¢ Ihal the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of a¢counting in
the preparation of the financial slalements is appropi'iate.
Based on the woi'k we have performed, we have not identified any material uncertainties relating to events or condilions
that, individually or collectively, may cast significant doubt on the charilabl¢ companys ability to continue as a going
concei'n foi. a period of al least twelve monlhs from when the financial statements ar¢ authoi'ised for issue.
Oui. respoiisibilities and the responsibilities of the trustees with respect to going concern are described in Ihe relevant
sections of this report.
I mph#sl8 of mgtler
AGE UK Lind$ey have found cashflow to be particularly light during this year, which the Trustees ale vei'y aware ot", it
is being closely monitored by tl)e Trustees and steps have been put iiito place to miligale ihis issue. They al'e not only
looking to sell some land they have also been obiaining some grant funding, some of which has been confirmed with
mol'e wailing for a decision to be made. The Trustees are also looking at ways of getting more income from the Cliai'ity
shops they have, we therefore feel the Trustees are taking control of the silualion and are acting accordingly.
Other information
The ti'ustees ai'¢ r￿ponsible for the other inforniation. The other inforniation compris¢s the information included in the
Anniial 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 exlent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion ihereon.
Iii connection with our audil 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 f￿anCIal staleinents or our knowledge
obtrained in the audit or otherwise appears to be materially misstated. If we identify such material incon5iStencies or
appai'ei)t material misstatements, we are required lo determine whether this gives rise to a material misstatemeiit in the
financi111 statements themselves. If, based on the work we have performed, we ¢onclude that there 15 a Inateri&l
misstatement of this other information, we are required to report that fact. We have nothing to report in tliis regai'd.
Opinions on other matters prescribed by the Compaiiies Aet 2006
In our opinion, based on the work undertaken in the course of the audit:
the intormation given in the Ti'ustees, Report for the financial year for which the financial statements are prepai'ed is
consistent with the finanuial statements. and
the Ti'ust¢¢s' Report has been prepared in aCCordar￿e with applicable legal requirement5.
Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
AGE UK LINtY3EY
Matters on Ivhi¢h we are required to report by excepilo
Iii the light of ihe knowledge and understanding of Ihe charitable company and its environment obtaii)ed in the course ,of
the audit, we have not identified material misstatements in the Trustees, Report.
We have nothing to report in respeci of the following matters where the CompaT)ies Act 2006 requires us to repoi't to you
if. in our opinion,.
adequate accounting records have not be¢n kept or returiis adequate for our audit have not been received from
branches i)ot visited by us. or
lh¢ financial statements are not in agreement with the accounling records and Telurns. or
cei'lain disclosures of trustees, remuneration specified by law are not made,. or
we have nol received all the information and explanalions we require for our audit; or
the trustees were not entitled lo take advantage of Ihe small coinpanies exemption from the requirement to pi'epare a
Strategic Report or in preparing the trustee5' Report.
R¢sponsiblllties of tru5tee5
As ¢xplained more fully in the Statement of Trustees, R¢sponsibilities, the trustees (who are also the directors of the
charitabl¢ Cornpany for the purposes of company law) are responsible for the prepardtion of the financial statements and
foi. beingy satisfied tliat they give a true and fair view. and for such internal control as the Iru,stees determine is necessary
to enable Ilie preparatioii of financial statements that are free from material misstatement, whether due lo fraud or ei'roi.,
Jn preparing the financial 5taternents, the Iru5tees are responsible for assessing ihe charitable company's ability to
contiiiue as a going concern, disclosing, as applicable, matters r¢lated to going concern and using the going concei'n
basis of accounling unless the truste¢s either intend to liquidale the charitable company or to cease operations, or hav¢
no I'ealislic alternative but to do so.
Our responsibilities for the audll of the fin4nelAI statements
Oui. objectives are lo obtain reasonabl¢ assurance about whether the financial statements as a whole al'e free fi'om
material misstatement, whether du¢ lo fraud or error, and to issue a Reporl of the Independent Auditors that includes our
opinion. Reasonable assui'ance is a high level of assurance, bul is not a guarantee that an audit conducted in accordaTice
with ISAS (UK) will always delect a material misslatemenl when il exists. Misstateinents can arise from fraud oi. eri'or
and are considered material if, individually or in the aggregate, they could reasonably be expected io influeiice the
¢conomic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of delecting irregularities, including fraud is detailed below..
we have enquired of those charged with governance around actual and polential litigation and claims,
we have reviewed financial slalement disclosures and testing lo supporting documenlation to assess compliance with
pplicable18ws and regulations,
enquii'ed of staff engaged in the completion of VAT, tax and compliance work to identify any instances of non
oinpliance with laws and regulalii)ns.
audited the risk of management override of controls including review of journal entries and large or unusual
transaction, evaluating the business rationale of any significant transactions outside the course of business.
A fui'ther desci'ipiion of our responsibilities for the audit of ihe financial statements is locat¢d on the Financial Reporting
Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of oui. Report of the
Independent Auditoi's.
Page 9

REPORT OF THE IIYDEPENDENT AUDITORS TO THE MEMBERS OF
AGE UK LINDSEY
Mrs Nicola Michelle Lenton FCCA (Senior Statutory Auditor)
foi. and on behalf of Dextcr & Sharpe Audit Services Ltd
(Statutory Auditor)
Rollestone House
Bridge Street
Horn¢astle
Linoolnshire
LN9 SHZ
25 September 2024
Page 10

AGE UK LINDSEY
STATEMENf OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
2024
Tolal
funds
2023
Total
funds
Unr¢stri¢ted
fund5
Restricted
funds
Notes
I]YCOME AND ENDOWMENTS FROM
Donation5 and legacies
74,920
530,333
605,253
291,4M
Charitable aetivi(ies
Coniinui)ity Engagemcnt
180
Oihei. trading activities
Inv¢stinent income
713,183
263
713,183
1,449
705,544
617
1,186
Tolal
788,366
531,519
1,319,885
997,785
EXPFNDITURE ON
Raising funds
908,137
424
908,561
698,519
ChAritable a¢tiville$
Developmenl
Befriending
Inforniation and Advice
Community Engagement
Ke¢p Connected
Voliinteer Visitor Host Project
1,619
1,619
96,521
240,201
2,126
51,607
180,801
30,531
67,031
1,752
96,521
239,970
231
129,045
129,045
TolAI
909,987
465,960
1,375,947
1,032,367
NET INCOMEI(EXPENDITURE)
Trwnsfers belween funds
(121,621)
70,285
65,559
(70,285)
(56,062)
(34.582)
21
Net movement in funds
(51 J36)
(4,726)
(56,062)
(34,582)
RECONCILIATION OF FUNDS
Total funds brought forward
413,917
26,776
440,693
475,275
TOTAL FU]YDS CARRI ED FORWARD
362,581
22,050
384,631
440,693
The notes fonn part of these financial slatements
Pagell

AGE UK LINDSEY (REGISTERED NUMBER: 03917990)
BALANCE SHEET
31 MARCH 2024
2024
Tolal
fund5
2023
Total
funds
Unrestricted
funds
Restricted
funds
Nol¢s
FIXED ASSEI TS
Tangible assets
15
301,294
301,294
316,753
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in h8nd
16
95,038
89,311
95,038
111,361
51.901
181,550
22,050
184,349
22,050
206,399
233,451
CRF,DITORS
Amounts falling due withtn one year
17
1110,517)
(110,517)
(109,511)
NET CURREIYT ASSETS
73,832
22,050
95,882
123,940
TOTAL ASSETS LE&S CURRENT
LIABILII'lbS
37S,126
22,050
397,176
440,693
CREDITORS
Aniounls falling duc after more than on¢ year
18
(12,545)
(12,545)
NET ASSETS
302,581
22,050
384,631
440,693
FUNDS
Unresti'icted funds
Restricted funds
21
362,581
22,050
413,917
26,776
TOTAL FUNDS
384,631
440,693
Thes¢ financial statements have been prepared in accordance with the provisions applicable to charitabl¢ companies
subject to the small companie5 regim¢.
'rhe financial statements were approved by th¢ Board of Trustees and authorised for issue on 25 September 2024 and
were signed on its behalf by:
Mrs C E Parker Rob50n - Trustee
Cllr O C Bierley- T
The notes forni part of these financial statements
Page 12

AGE UK LINDSEY
CASH FLOW ￿ATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Casl) flows from operatiijg aetiviti¢$
Cash generated from operation5
Finance rosts paid
48,981
(6,393)
(19.030)
(7,877)
Nel cash provided byl(used in) operating activities
42,588
(26,907)
Cash flows from illvesllng acttviti
Puichase of tangible fixed assets
Sale of tangible fixed assets
Interest received
(127,742)
(5.949)
20
617
1,449
N¢t cash used in investing activities
(126,293)
(5,312)
C2sli flows from finaii¢ing actfvities
N¢w loans in year
Loan repayments in year
19,300
(5,784)
(15.400)
Net cash provided by/(used in) financing acttvities
13,516
(15,400)
Cli#nge In eash and cash equlvAlents in
the reporting period
CAsli Aiid easli equivilents At the
begiiiiilng of the reporllng period
(70,189)
(47,619)
181,550
229,169
Cash and c&sh equivalents at Ihe end of
tlie rtporting period
181,550
The notes forni part of these financial slatements
Pag¢13

AGE UK LINDSEY
NOTES TO THE CASH FLOW STATE.MENT
FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net expenditiire for the reporling period (as per the Statement of
Financial Aclivilie5)
Adjustments for:
Depreclation charges
Profit on disposal of fixed assets
Interest received
Finance costs
(Increase)Idecrease in debtors
Increase/(decrease) in creditors
(56,062)
(34,582)
143,201
28,172
(20)
(617)
7,877
189
(20,049)
(1,449)
6,393
(43,137)
35
Nel eash provlded byl(used in) operations
48,981
(19,030)
AIYALYSIS OF CHANCES IN NET FUIYDS
At 1.4.23
Cash flow
At 31,3.24
Net c4sh
Cash al bank and in hand
181,550
(70,189)
111,361
181,SS0
(70,189)
111,361
Debt
Debts falling due within l year
Debts falling due after l year
(2,567)
(971)
(12,545)
(3,538)
(12,545)
(2,567)
{13,516)
(16,083)
Total
J 78,983
{83,705)
95,278
The notes form part of thes¢ financial statements
Page 14

AGE UK LINDSEY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
GENERAL INFORMATION
As sel out in the trustees, report, Age UK Lindsey is an incorporated charity. limited by guarantee, registered in
England aiid Wales. The address of the principal office of the charity, which is the same as Ihe addi'ess of its
company I'¢gistered office, can be found undcr reference and adrninislraiive details within the trustees, report.
The principal objectivc of the charity 15 to promote the relief of older people in any manner, which now or
heyeafter may be deemed by law to be charitable, within the districts of East and West Lindsey and North
Lincolnshire.
The boai'd of trustees is aware of the need for the charity to provide public benefit and has paid due regard to the
guidance on public benefit issued by the Charity Commission,
These financial statements have been prepared in pound sterling* which is the functional currency of ihe entity.
ACCOUNTING POLICIES
Basis of preparing the finAncial stalem¢nts
The financial Statements of the charitabl¢ company, which is a public benefit entity under FRS 102, liave been
prepared in accoi'dance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities,. Slalement
of Recommended Practice applicable to charities preparing their accounts in accoi'dance with the Financial
Reporting Slandai'd applicable in the UK and Republic of Ireland (FRS 102) (effectiv¢ l January 2019),,
Financial Reporting Slandard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The finaT)cial statements have been prepared under the histoi'ical cost
convention.
Income
All income is rccognised in the Statem¢nt of Financial Activities once the charity has entitlement to the funds, it
is probable that the incom¢ will be received and the amount can be measur¢d reliably.
The i'ecognilion of income from legacies is dependent on establishing entitlement, 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 sutricient evidence that a gift has been left to them (through knowledge of the existence of
a valid will and the deaih of a benefactor) and the executor is s&lisfied that the propei'ty in queslion will not be
required to salisfy claims in th¢ estate. Receipi of a legacy must be recognised when it is probable thal il will be
received and the fair value of the amount receivable, which will generally be the expected cash amount to be
distributed to Ihe charity, can be reliably measured.
Gvdnts are included in the Statement of Financial Activities on a receivable basis. The balance of in￿rne
reccived for specific purposes but not expended during the period As shown in the relevant funds on the Balance
Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in
credilors as deferred income. Where entitlement occurs before income is received, Ihe income is ac¢rued.
Government grants relating to langible fjxed assets are treated as deferred income and released to the Statement
of Financial Activitie8 over the expected use￿1 lives of the assets concerned, Other govei'ftment granls are
redited to the Stateinent of Financial Aclivities as the related expenditure is incurred.
Incorne tax recoverable in relation to investment income is recognised at the time tl)e investment income is
receivable.
Page 15
continued...

AGE UK LINDSEY
NOTES TO THE FINANCIAL ST ATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTIIYG POLICIES - eontinued
Expendilure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third
Poty, it is probable that a transfer of economic benefits WAII be required in settlement and 11)e amount of the
obligation Can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up
of the total of direct costs and shared costs. including support costs involved in undertaking each activity. Diiect
costs attributable to a single activity are allocated directly to that aclivity. Shared c051s tliat contribute to more
than one activity, and support costs that are not attributable to a single activity, are apportioned between those
activities on a basis consisl¢nl wilh the use of resources.
Expenditure oil I'aising funds includes all expenditure incurred by the company io raise funds foi. ils charilable
purposes and includ¢s cosls of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activilies that furth¢r th¢ ¢oinpaiiy'
objectives as well as any associated support costs.
All expenditure is inclusive of irrecoverable V AT.
T4iigible fixed asset5
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Fi'eehold pi'operty
Long leasehold
Other equipment
Fixtures and fittings
Motoi. vehicles
not provided
Over the lerm of the lease
200/0 on cost
20 % on cosl
250/0 on cost
Tangible fixed assets ¢osting £1 00 or more are capitalised and recognised when future economic benefits are
probable and the cost or value of the asset can be rneasured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed
assets al'e measured at G05t less accumulated depreciation and any accumulated impairmeiit losses. All costs
incurred to bring a tangible fixed asset into its intendcd working condition are included in lh¢ measuremeiit of
cost.
Taxallon
The charity is exempt from corporation tax on its charitable aclivities.
Fund aecountillg
General funds are uni'estricted funds that ar¢ available for use at the discretion of the trLlStees in furtherance of
the general objectives of the company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been sel aside by the trustees for particular pui'poses,
The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted fuiids are funds that are to be used in accordance with specific restrictions iinposed by donors or that
have been raised by lh¢ charity fiir particular purposes. The costs of raising and administering such funds al'e
charged against the speciflc fund. The aim and us¢ of ¢ach restricted fund 15 set out in the noles to the financial
stalements.
Investment income, gains and105se5 are allocated to the appropriate fund.
Debtors
Ti'ade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments
are valued al the amount prepaid net of any trade discounts due.
Page 16
continued...

AGE UK LINDSEY
NOTES TO THE FI]YANCIAL STATEMENTS - eontinued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES- eontinued
Debtors
Cash at bank aiid in hftnd
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short Inalurity of thi'e¢
months or less from the date of acquisition or opening of the deposit or similar account.
Liabilfitles provisions
Liabilities are r¢co8nised when there is an obligation at the Balance Sheet date as a result of a past event, it is
pi'obable Ihat a transfer of economic benefit will be required in settlement, and the ainount of th¢ settlement can
be estimated reliably,
Liabililies are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it
ha5 received as advanced payments for the goods or services it musl provide.
Provisions are ine&sured at the best estimatc of lh¢ amounts required to seltle the obligation. Where the effect of
the time value of money is material, the provision is based on the present value of those amounts, discounted at
the pre-tax discount rate that reflects the risks specifi¢ to the liability, Th¢ unwinding of th¢ discounl is
r¢cognised in the Statement of Financial Activities as a finance cosl,
DONATIONS AND LEGACIES
2024
2023
Donations
Grants
68,874
536,379
44,329
247,115
605,253
291,444
Gi'ants i'eceived, included in the above, are as follows:
2024
2023
Gi'ants
536,379
247,115
OTHER TRADING ACTIVITIES
2024
2023
Shop iiicome
Insurance commissions
Other activities for g¢nerating funds
713,J65
686,035
15.136
4,373
18
713,183
705,544
Page 17
continued...

ACE UK LINDSEY
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31 MARCH 2024
INVESTMENT INCOME
2024
2023
Deposit account interest
1,449
617
INCOME FROM CHAIUTABLE ACTIVITIES
2024
2023
Activity
Community Engagement
Community engagement
180
RAISING FUNDS
Other Iradliig 4c¢ivities
2024
2023
Purchases
Staff Costs
Premises expenses
Office costs
Equipment, repairs and servicing
Professional fees
Awards given - Gerttijde Penny
Meeting Costs
Other staff expenses
Depreciation
Interest payable and similar charges
12,971
546,768
119,524
28,697
43,142
2,885
424
1,463
11,469
134,1125
6,393
10,954
464.344
110,251
23,076
38.396
7,445
464
215
9,270
26.227
7,877
908,561
698,519
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 9)
Direct
Costs
Totals
Development
Befriending
Intormation aiid Advi¢e
Keep Connected
1,619
80,051
147,468
112,575
1,619
96,521
240,201
129,045
16,47
92,733
16,470
341,713
125,673
467,386
Page18
continued...

AGE UK LINDSEY
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
Governance
costs
Management
Totals
Befriending
Information and Advice
Keep Connecl¢d
16,115
90,889
16,115
355
1,844
355
16,470
92,733
16,470
123,119
2,554
125,673
io.
NET INCOMEI(EXPENDITURE)
Net in¢omel(expenditure) is staled after chargingl(crediting):
2024
2023
Depreciation - owned assets
143,201
28,172
TRUSTEES, REMUNERATION AND BENEFITS
Thei'e were no trustees, remuneration or other benefjts for the year ended 31 March 2024 nor for the year ended
31 March 2023,
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
12.
STAFF COSTS
Total staff cost5 and employee benefits are made up as follows: wages and salaries £775,520 (2023 - £641,818),
social security costs £40,412 (2023 £38,017) and employerfs contribution to defined contribution pension
schemes £21,055 (2023 - £16,817).
The average monthly number of employees during the year as follows:
2024
48
2023
43
Total employees
No employee5 received emoluments An excess of £60,000.
Page 19
continued...

AGE UK LINDSEY
NOTES TO THE FINANCIAL sfATEMEwfs - Continued
FOR THE YEAR ENDED 31 MARCH 2024
13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Resti'icted
funds
Total
funds
INCOM E AND ENDOWMENTS FROM
Donations and legacies
44,203
247,241
291,444
Charilable aclivities
Cominunity Engagement
180
180
Other trading activities
Investment income
705.544
169
705,544
617
448
Tolal
750,096
247.689
997,785
I XPENDITURE ON
Raising funds
698,055
464
698,519
Charltable activlties
Developinenl
Befriending
Inforinalion and Advice
Community Engagement
Keep Connected
Volunl¢¢r Visitor Host Proje
2,126
2,126
51,607
180,801
30,531
67,031
1,752
51,607
180,487
314
30,531
54,124
12,907
1,752
Tolal
785,1 $0
247,217
1,032,367
NET INCOMCI{EXPINDITURE)
(35,054)
472
(34,582)
RECONCILIATION OF FUNDS
Total funds broughi forward
448,971
26,304
475,275
TOTAL FUNDS CARRIED FORWARD
413,917
26,776
440,693
14.
AUDITOR'S REMUNERATION
The fees payable to the charity's auditor for the statutory audlt of the accounts was £3,250 (2023 - £3.250).
Th¢ fees payable to the charitys auditor in respect of accountancy services w&8 £1,000 (2023 - £1,000).
Page 20
continued...

AGK UK LINDSEY
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
15.
TANCIBLE FIXED ASSETS
Freehold
propety
Long
l¢asehold
Other
equipment
COST
Al l April 2023
Additions
Disposals
284,944
102,577
117,356
(776)
21,426
1,930
At 31 March 2024
284,944
219,157
23,356
DEPRECIATION
Al l April 2023
Charge for year
Eliminalcd on disposal
75,678
128,630
{776)
20,342
2,417
At 31 March 2024
203,532
22,759
NET BOOK VALUE
Al 31 March 2024
284,944
1 S,625
597
At 31 March 2023
284,944
26,899
1,084
Fixlures
and
rittings
Motor
vehicles
O￿l¢e
equipment
Totals
COST
At l April 2023
Additions
Disposals
3,358
45,142
55,966
8,456
(125)
513,413
127,742
(1,040)
(139)
At 31 Marth 2024
3219
45,142
64,297
640,115
DEPRECIATION
Al l April 2023
Charge for year
Eliminated on disposal
3,178
ss
(139)
41,991
3,149
55,471
8,950
(125)
196,660
143,201
{1,040)
At 31 March 2024
3,094
45,140
64,296
338,821
I T BOOK VALUE
At 31 March 2024
125
301,294
At 31 March 2023
180
3,151
495
316,753
Page21
continued...

AGE UK LINDSEY
NOTES TO THE FINANCIAL STATEMEiYfs - contlRued
FOR THE YEAR ENDED 31 MARCH 2024
16.
DEBTORS: AMOUNTS FALLING DUE ￿THll￿ ONE YEAR
2024
2023
Trade debtors
Oth¢r debtors
Prepayments and accrued in¢om¢
9,111
68,250
17,677
5,446
25,890
20,565
95,038
51,901
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other loans (see note 19)
Ti'ade creditors
Social secui'ity and other taxes
Accruals aiid other creditors
Deferred income
3,538
44J73
10,896
23,768
27,942
2,567
8,325
8,088
43,798
46,733
110,517
109,511
Of the £46,733 deferred income from previous reporting periods, £46,733 was released in the current year.
Income d¢fei'ied in the current year ainounted 10 £27,942, resulting in total income deferi'ed at the balance sheet
dale of £27,942.
18.
CREDITORS: AMOUNTS FALLING DUE AYfER MORE THAIY ONE YEAR
2024
2023
Other loans (see note 19)
12,545
19.
LOANS
An analysis of the maturity of loans is given below:
2024
2023
Amounts falling du¢ within one year on demand:
Other loan5
3,538
2,567
Amolints falling betw¢¢n one and two years:
Oiher loans - 1-2 years
12,545
Page 22
conlFnued...

AGE UK LINDSEY
NOTES TO THE FINANCIAL sfATEMENTS - continued
FOR THE YEAR Eh'DED 31 MARCH 2024
20.
LEASING AGREEMEIYTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
2024
2023
Wilhin one year
Between one and five years
95,279
102,879
80,333
112,525
198,158
192,858
21.
MOVEMENT IN FUNDS
Nel
movement
in funds
Transfers
between
funds
At
31,3,24
At 1.4.23
Unrestricted fund$
Free resei've5
Fixed asset reserve
Sli'ategic Plan desigiiated fund
13204
(134,825)
(13,204)
119,366
(35,877)
316,753
97,164
301,294
61,287
413,917
(121,621)
70,285
362,581
Reslrleted funds
oihei. I'esti'i¢ted grani funding
GP Award
Gei'trude Penny Bequest Fund
Volunt¢¢r Visitor Host Project
69,797
(5,000)
762
(69,797)
5,000
(5,000)
(488)
26,288
488
22,050
26,776
65,559
{70,285)
22,050
TOTAL FUNDS
440,693
(56,062)
384,631
Page 23
coiitinued...

ACE UK LINDSEY
NOTES TO THE FINANCIAL ￿ ATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
21.
MOVEMENT IN FUNDS - continued
Net movement in funds, in¢lud¢d in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
Fl'ee reserves
Fixed asset i'eserve
788,366
(775,162)
(134,825)
13,204
(134,825)
788,366
{909,987)
(121,621)
Re$trleted funds
other reslricted grant funding
Eon Benefits
GP Award
Henry Smith Grant- I&A
Henry Smith Grant- KC and B¢frAendRng
Gertrude Penny Bequest Fund
Eon Handyperson Pi'oje¢t Grant
Winter Health Grant
WLDC - Befriending
Age UK Cost of Living
Digital Champions Project Grant
Scnins Prevention Project Grant
Lottery Community COL
SHINE
Nuclear Waste Services
204,199
24,924
{134,402)
{24,924)
(5,000)
(32,774)
(24,153)
(424)
(7,049)
(91,047)
(4,690)
(23,980)
(43,255)
(26,357)
{15,827)
(23,820)
(8,258)
69,797
(5,000)
32,774
24,153
1,186
7,049
91,047
4,690
23,980
43255
26J57
15,827
23,820
8,258
762
531,519
(465.960)
65,559
TOTAL FUNDS
lJ19,885
(1,375,947)
(56,062)
Comparatlves for movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.3,23
At 1.4.22
Unrestricted funds
Free i'eserves
Fixed asset reserve
Sti'ategir Plan designated fund
(8,827)
(26227)
8,827
4,004
(12,831)
338,976
109,995
316,753
97,164
448,971
(35,054)
413,917
Restricted funds
Gertrude Penny Bequest Fund
Volunteer Visitor Host Project
26,304
(16)
488
26,288
488
26,304
472
26,776
TOTAL FUNDS
475,275
(34,582)
440,693
Page 24
continued.

AGE UK LINDSEY
NOTES TO THE FINANCiAL STATEMEYTS - continued
VOR THE YEAR ENDED 31 MARCH 2024
21.
MOVEMENT IN FUNDS- continued
Comparative nel movement in ￿nds, included in the above are as follows:
Incoming
resoui'ces
Resources
expended
Movement
in funds
Unr¢strlcted funds
Fl'ee i'eserves
Fixed asset reserve
750,096
(758,923)
(26,227)
(8,827)
(26,227)
750,096
(785,150)
(35,054)
Restrl¢ttd funds
oihcr rcslriclcd grant funding
Eoii Benefits
Henry Smith Graiit- I&A
Later Life Goals Grant
Henry Smith Grant- KC and Befriending
Gertrude Penny Bequest Fund
Eon Handyperson Project Grant
Winter Health Grant
Liiics Community Trust
Volunteer Visitor Hosi Project
LCC - Managed Care Network
Age UK Cosl of Living
NGED Cominunity Grant
Di8ital Ch81npions Project Grant
Scams Pi'evention Project Grant
70,889
11,788
31,365
15,103
24,307
448
7.760
32.410
1,564
2,240
7,500
1,910
4,500
28,745
7,160
{70,889)
(11,788)
(31,365)
(15,103)
(24,307)
(464)
(7,760)
(32.410)
(1,564)
(1,752)
(7,500)
(1,910)
(4,500)
(28,745)
{7,160)
(16)
488
247,689
(247,217)
472
TOTAL FUNDS
997,785
(1,032,367)
(34,582)
A curr¢nl y¢ar 12 months and prior year 12 months combined position is as follows:
Net
movemenl
in funds
Transfers
between
fund5
At
31,3,24
At 1.4.22
Ui)r¢stricted fund5
Free reserves
Fixed asset reserve
Strategic Plan designated fund
4,377
(161,052)
(4,377)
123,370
(48,708)
338,976
109,995
301.294
61,287
448,971
(156,675)
70,285
362,581
Restricted funds
Other restricted grant funding
GP Award
Gerti'ude Penny Bequest Fund
Volunt¢ei' Visltor Host Project
69,797
(5,000)
746
488
(69,797)
26,304
(5,000)
(488)
22,050
26,304
66,031
(70,285)
22,050
TOTAL FUNDS
475,275
(90,644)
384,631
Page 25
conttnued,..

AGE UK LINDSEY
NOTES TO THE FINANCIAL STATEMENTS- eontlnued
FOR THE YEAR ENDED 31 MARCH 2024
21.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Incoming
resources
Resources
¢xp¢nded
Movement
tn funds
Unrestrieted funds
Free reserves
Fixed asset reserve
1,538,462
(1,534,085)
(161.052)
4,377
(161,052}
1,538,462
(1,695,137)
(156,675)
Restricted funds
Other restricted grant funding
Eon Benefits
GP Award
14enry Smith Grant- I&A
Later Life Goals Grant
Henry Smitl) Grant- KC and Befriending
Gerlrude Peni)y Bequest Fund
Eon Handyperson Project Grant
Winter Heaiih Grant
WLDC- Befriendiiig
Lincs Coinmunity Trust
Volunleei. Visitor Host Project
LCC - Managed Cal'e Network
Age UK Cost of Living
NGED Community Grant
Digital Champions Project Grant
Scams Prev¢ntion Project Grant
Lottery Community COL
SHINE
Nuclear Waste Services
275,088
36,712
(205,291)
(36,712)
(5,000)
{64,139)
(15,103)
(48,460)
(888)
(14,809)
(123,457)
(4,690)
(1,564)
(1,752)
(7,500)
(25,890)
(4,500)
(72,000)
(33,517)
(15,827)
(23,820)
(8,258)
69,797
(5,000)
64,139
15,103
48,460
,634
14,809
123,457
4,690
1,564
2.240
7.500
25,890
4,500
72,000
33,517
15,827
23,820
8,258
746
488
779,208
(713,177)
66,031
TOTAL FUNDS
2,317.670
{2,408.314)
(90,644)
Free reserves
The unre5trict¢d reserves are expendable at the discretion of the trustee5 in the furtherance of th¢ chai'itable
objectives.
Fixed 4sseÉ reserve
The fixed asset general reserve represents the net book value of fixed asset purchases from general funds.
Str#tegic Plan designated fund
Thls fund has been earmai'ked by the trustees to be spent on the befriending service and the development of any
other initiatives as identified in the Strategic Plan.
During the year a transfer of £35,877 from the Strategic Plan fund was made to free reserves to support activity
in thi5 area,
Other restricted grant rundlng
This r¢pi'esents small and ad hoc grant funding for the provision of support and advice to older people in
Lindsey.
Page 26
continued.

ACE UK LINDSEY
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31 MARCH 2024
21.
MOVEMENT IN FUNDS - eontinued
i on Benefils
This fund is for the provislon of information and advice sessions with the emphasis on saving money on energy
and/or finding money to help with paying for energy bills.
Henry Smitli Grant- I&A
The Heiiry Smith Charity awards fvnding towards a project providing infonnation and advice for older people in
East and West Lindsey. The granl is lo be spent towards the salary and on-cosls of four part-time Infoi'inalion
and Advice Officers over a thi'ee-year period.
Lnter Llfe Goals Crant
Tliis grant Ihi'ough Age UK 15 to be used to support individuals as they go through significant life events to help
achieve individual goals, tackle loneliness and reduce financial hardship.
Henry Smith Grant- Keep Connected
These funds are awarded to support the Charity's befriending service ai)d Ihe K¢ep Connected services.
Henry Smitli - Befrieiiding
These funds arc awarded to support the charity's befriending services.
Gertrud¢ Penny Bequest Fund
This fund is for the relief of suffering of older people living in East and W￿1 Lindsey. Awards from Ihe fund can
be for anything Ihal contributes towards the relief of physical or mental suffering of oldei. people. Income into
Ilie fund was fmm the interest received on the cash dep05ils held. During the last two yeai's we have supported
three individuals, two with lop ups of their oil tanks and one to purchase a tablet.
i on HAndypersoii Project
'rhis fiind is for carrying out energy checks and providing energy-saving equipment such as radiator foils,
draught excluders and low-energy lightbulbs,
Winter Health GrAnl
These funds are awarded for the purpose of supporting local winter health campaigns through messaging and
outreach lo lielp older people during winter. Through this fvnding we were able to deliver 970 wintei. warnith
packs to clients struggling with the rise in the cost of living.
WLDC - Befriending
Thcse funds wer¢ awarded by WLDC for the purpose of pr()viding befriending services for older people in West
Lindsey.
Lines Coinmunity Trust
Thes¢ funds are awarded by Lincs Community Foundation to fund motor vehicle running costs in I'elation to
Keep Connected services.
Voliintecr Visitor H05t Project
This pi'oject was lo suppoit Care Homes in providing Covid testing to allow visitors to safely return within local
care hom¢s. The project wa5 ran in conjunction with Age UK Lincoln and South Lincolnshire across the county.
LCC- Managed Care Nehvork
Along the coastal section of East Lindsey and also within rural communities in East Lindsey this funding was
used to develop individuals digital skills and off¢rd a tablet loan scheme to clients.
Age UK Cost of Living
This funding from Age UK has enabled our Infomiation & Advice service to reach more clients struggling with
the fiiiancial iinpacts of the increased ¢ost of living.
Page 27
Continued...

AGE UK LINDSEY
NOTES TO THE FINANCIAL sfATEMENTS - Continued
FOR THE YEAR ENDED31 MARCH 2024
21.
MOVEMENT IN FUNDS- eoDtRnved
NCED Conimunity Grant
The funding was used to support of THRIVE at home project which entailed clients being able to stay safe and
warm over the winter period, The funding also provided 30 winler warmth packs for tli¢s¢ clients.
Digital Champions Project Grant
The funding through Age UK is being used io to improve the digital skills and for tablets to be loaned foi. an
average period of 3 months. Once the tablets have been loaned individual support is offered in person or ovei. Ihe
phone to increase confidence with using ihe equipment safely.
SCAMS Preventloii Proj¢et Grant
The scams project is being ran within the funding from Humberside Police and Crime Commissioner. The
projLct supports clients who have been victims of a scam and also run scams awaren¢ss talks. 'I"he project links
to our Information and Advice service and our befriending service to ensure clients I'eceive all the suppoit
iequired.
Lottery Community COL
The fiinding is for use within our THRJVE in the community proj¢ct to support digital services and information,
advice and signposting within North Lincolnshire. The funding also enabled additional winter warmth packs to
be dislributed in North Lincolnshire and a small refurbishment of the office space at Barion shop for these
scrvices to be conducted from.
SHINE
The funding is to 5UPPOrt our East Linds¢y befriending service. Through this funding we liave been able to open
more friendship groups for clients with a varieiy of activities on off¢r alongsid¢ our usual befriending service.
NueleAr Waste Services
The funding is to support our befriending service specifirAlly around the Theddlethorpe area in Ea51 Linds¢y.
There have been friendship groups opened witl)in the area and additional support for befi'iending clients witliin
the area.
22.
CAPITALCOMMITMENTS
2024
2023
Contracted but not provided for in the financial statements
102,095
23.
RELATED PARTY DISCLOSURFS
KLY Manxgemeiit Personnel Compensation
The key manag¢ment personnel of the charity in rec¢ipt of compensation is mad¢ up of the executive team,
which comprises the Chief Executive O￿l¢er, the Director of Finance and Ihe Director of Operations and
Pai'tnerships.
1.he total key inanagement personnel compensation for the year was £107,594 (2023 - £99,751).
Other Related Party Transielion
Mrs C L Markham, one of the charity's trustees, is the sole director of F.H. Matming Financtal Services Ltd. Tl)e
charity i'eceived donationslsponsorship in the year from F.H. Manning Financial Services Ltd amoui)ting to £708
(2023 - £250).
Page 28

AGE UK LINDSEY
DETAILED STATEMENT OF FINANCIAL ACTIVITJES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
INCOME AND ENDOWMENTS
DonAtions And legacies
Donalioi)s
Grants
68,874
536,379
44.329
247,115
605,253
291,444
Other trading activities
Shop income
Iiisurance commissions
Other acliviti¢s foi. generating fvnds
713,165
686.035
15,136
4,373
18
713,183
705,544
Inveslmtllt ltheome
Deposit account interest
1,449
617
Chllrillblt hctiv•ties
Coinmunity engageinent
180
Total incoining resources
,319,885
997,785
EXPEI NDITURE
otlicr tr4dlng Activities
Pyrcha5es
Wages and salaries
Piemises expenses
Office cosls
Equipment, repairs and servicing
Profe55ional fees
Awards given - Gertrude Penny
Meeting costs
Other staff expenses
Dcpreciation and loss on disposal
Bank charges
12,971
S46,768
119,S24
28,697
43,142
2,885
424
,463
11,469
134,825
10,954
464,344
110,251
23,076
38,396
7,445
464
215
9,270
26,227
I I
6,393
7,877
908,561
698,519
ChAritable actlvities
Developinent
Befriending
Information and advice
Community engagenient
Age UK Keep Connecled
Carried forward
1,619
80,051
147,468
2.126
36,764
103,414
137
44,161
186,602
112,575
341,713
This page does not fom] part of the statutory financial statements
Page 29

AGE UK LINDSEY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Charitable activities
Brought forward
Volunteer visitor host project
341,713
186,602
1.548
341,713
188.150
Siippoyl costs
Management
Reallocations and other costs
123,119
143,045
Goveriiance costs
Reallocations and other costs
2,554
2,653
Total resources expended
1,375,947
1,032,367
Nel expenditure
(56,062)
(34,582)
This page does not form part of the statutory financial statements
Page 30