2023-03-31-accounts - Age UK Richmond Upon Thames

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CONTENTS					PAGE
Chair's statement					1-2
Trustees' annual report					3-11
Independent	auditors'	report to the	members		12- 15
Consolidated	statement	of financial	activities
(Incorporating	the income and expenditure			account)	16
Consolidated	balance sheet				17
Consolidated	statement	of cash flows			18
Notes to the	financial	statements			19-38

					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds	2023	2022
				Note
Income
Donations and memberships					43,404		43,404	48,763
Commercial trading	activities				57,791		57,791	54,501
Income from charitable activities					378,948	1,611,807	1,990,755	1,804,235
Investment income	- bank	interest			5,715		5,715	1,455
Other income								1?,966
Total Income					485,858	1,611,807	2,097,665	1,926,920
Expenditure
Raising funds					(3,234)		(3,234)	(1,788)
Commercial trading	activities				{70,064)		(70,064)	(65,590)
Expenditure on charitable		activities			(302,852)	(1,616,402)	(1,919,254)	(1,820,942)
Total Expenditure					(376,150)	(1,616,402)	(1,992,552)	(1,888,320)
Net income / (expenditure)			for the
year				13	109,708	(4,595)	105,113	38,600
Transfers between	funds			20/21	(4,595)	4,595
Net movement in funds for			the year		105,113		105,113	38,600
Reconciliation of funds
Total funds brought	forward				617,071		617,071	578,471
Total funds carried forward					722,184		722,184	617,071

					The Group	The Group	The Charity
					2023	2022	2023	2022
				Note	E		E
Fixed Assets
Tangible assets				14
Investments				1&
Current Assets
Stock				15	3,050	3,088
Debtors				18	250,997	195,756	257,245	49,292
Cash at bank	and in	hand			1,027,545	1,125,370	755,171	948,089
					1,281,592	1,324,214	1,012,416	997,381
Current Liabilities
Creditors: Amounts		falling	due within
one year				19	(559,410)	(?07,145)	(359,648)	(468,816)
Net Current	Asset:s				722,182	617,069	652,768	528,565
Total Assets	Less Current		Liabilities
Et Total Net	Assets				722,184	617,071	652,772	528,569
The Funds ofthe Charity:
Unrestricted	income	funds		20	722,184	617,071	&52,772	528,569
Restricted income funds				21
Total Charity	Funds				722,184	617,071	652,772	528,569

						The	Group		The Group
							2023		2022
					Note
Cash flows from operating	activities
Net movement in funds for				the year				105,113		38,600
add:
depreciation charge					14
less:
Interest received						(5,715)			(1,455)
Gain on sale of tangible		fixed asset
other adjustments:
decrease in stocks					15	38			1,800
(increase) in debtors					18	(55,241)			(12,081)
(decrease) / increase	in	creditors			19	(147,735)			59,175
								(208,653)		47,439
Net cash flows from operating				activities				(103,540)		86,039
Cash flows from investing			activities
Interest received						5,715			1,455
Sale of tangible fixed	asset
Purchase of tangible	fixed			assets	14
Net cash flows from investing			activities					5,715		1,455
Cash flows from financing				activities
Net cash flows from financing				activities
(Decrease) / increase in cash			and cash
equivalents in the year								(97,825)		87,494
Cash and cash equivalents
at the beginning of the year								1,125,370		1,037,876
Cash and cash equivalents
at the end ofthe year								1,027,545		1,125,370

mic l	ives on a straight line basi	s as follows:
Asset	category	Annual	rate
Motor	vehicles-	33%
Plant	&.equipment-	25%

2) Financ		ial perf	orm	a	nce	ofthe	charity - cont.
										The Charity
										2023	2022
										E	E
Income										837,299	679,750
Gift aid from		subsidiary		company
-Age UK Richmond					Handyperson		Service Ltd			2,478	1,423
-Age UK Richmond					Services Ltd					86,024	85,347
										925,801	766,520
Expenditure		on charitable			activities					(801,598)	(729,651)
Net income		I (expenditure)				for the
year										124,203	36,869
Total funds		brought	forward							528,569	491,700
Total funds		carried	forward							652,772	528,569
Represented		by:
Unrestricted		income	funds							652,772	528,569
Restricted	income funds
										652,772	528,569
3.Income	from donations					8 memberships
								Unrestricted
								Funds		Total Funds	Total Funds
								2023		2023	2022
										E	E
Donations
Nightingale									307	307
Community		services						5,903		5,903	7,972
Head office								15,795		15,795	26,120
Total donations								22,005		22,005	34,092
Membership		subscriptions			-	social centres		21,399		21,399	14,671
								43,404		43,404	48,763

					Year Ended	Year Ended
					31 March	31 March
					2023	2022
					E
Help at home services					57,791	54,501
Grant funding					13,567	13,567
Total turnover					71,358	68,068
Cost of sales and	administrative		costs		(70,064)	(65,590)
Net profit					1,294	2,478
Amount gift aided	to charity				(2,478)	(1,423)
Amount retained	in subsidiary				(1,184)	1,055
The assets and liabilities		of Age	UK Handyperson	Service Ltd were:
Current assets					25,851	30,859
Current liabilities					(24,556)	(28,380)
Total net assets					1,295	2,479
Share capital						1
Reserves					1,294	2,478
Total Capital and	Reserves				1,295	2,479

				Unrestricted	Restricted
				Funds	Funds	Total Funds	Total Funds
				2023	2023	2023	2022
						E	E
Information Et advice				109,034	135,392	244,426	185,008
Nightingale project				4,000	129,650	133,650	101,610
Community services				135,875	1,259,265	1,395,140	1,306,733
Help at home services				130,039	87,500	217,539	210,884
				378,948	1,611,807	1,990,755	1,804,235
				Unrestricted	Restricted
Breakdown by category				Funds	Funds	Total Funds	Total Funds
				2023	2023	2023	2022
				E	E
Information l't advice
LBRuT - Home maintenance		contract			6,540	6,540	6,540
LBRuT - Cost of living grant				9,667		9,667
LBRuT - commissioning	(Richmond		AID)		37,440	37,440	36,000
AGE UK National				10,000		10,000	10,000
AGE UK London							9,908
Richmond Parish Lands	Charity				22,420	22,420	21,800
Hampton Fund Charity					64,200	64,200	81,860
Barnes Workhouse Fund				1,567		1,567	2,567
Emanuel Hospital Foundation					4,792	4,792	3 333
The GC Gibson Charitable		Trust		3,000		3,000	3,000
Total grant Et contract	income			24,234	135,392	159,626	175,008
Activities income				589		589
Legacy income				84,211		84,211	10,000
				109,034	135,392	244,426	185,008
Nightingale project
LBRUT - COVID'19 infection		control					1,760
Richmond Parish Lands	Charity			3,000		3,000
Barnes Workhouse Fund				1,000		1,000
Better Care Fund					129,650	129,650	99,850
				4,000	129,650	133,650	101,610

				Unrestricted	Restricted
				Funds	Funds	Total	Funds	Total Funds
				2023	2023	2023		2022
Community services					E	E		E
LBRuT - Active Richmond		/ Digital inclusion		10,000	51,800		61,800	10,000
LBRuT - Dementia	friendly	Richmond			26,000		26,000	25,000
LBRuT - CiLS contract					1,124,735	1,124,735		1,127,888
Hampton Fund Charity					5,000		5,000	20,000
City Bridge Trust								27,000
Age UK National					45,063		45,063
Richmond Parish	Lands Charity			8,600			8,600	7,800
Emanuel Hospital	Foundation				1,667		1,667	3,333
The GC Gibson Charitable Trust					5,000		5,000
Barnes Workhouse	Fund			2,567			2,567	2,567
Total grant 6t contract income				21,167	1,259,265	1,280,432		1,223,588
Lettings income				17,510			17,510	17,117
Barnes Community	Association			1,248			1,248	732
Activities income				95,950			95,950	65,296
				135,875	1,259,265	1,395,140		1,306,733
Help at home services
Housekeeping services				116,472		116,472		112,858
LBRuT - Home maintenance		contract			72,500		72,500	69,460
Richmond Parish	Lands Charity			11,000			11,000	11,000
Hampton Fund Charity					15,000		15,000	15,000
Barnes Workhouse	Fund			2,567			2,567	2,566
				130,039	87,500	217,539		210,884
				Unrestricted	Kestr&cteci
6.Other income				Funds	Funds	Total Funds		Total Funds
				2023	2023	2023		2022
				E	E,	E
Government grant	- Job	Retention	Scheme					4,936
Age UK Buckinghamshire								13,030
								17,966

7.Expenditure on charitable	7.Expenditure on charitable	7.Expenditure on charitable	activities
					Unrestricted	Restricted
					Funds	Funds	Total Funds	Total Funds
					2023	2023	2023	2022
				Note	E,	E	E	E
information	Et advice			gg/II@, 229		139,854	144,083	152,197
Nightingale	project				16,158	129,650	145,808	120,018
Community	services				225,073	1,102,311	1,327,384	1,282,070
Help at home services					20,029	87,500	107,529	96,784
Support costs				9	24,088	154,202	178,290	156,241
Governance	costs			10	13,275	2,885	16,160	13,632
					302,852	1,616,402	1,919,254	1,820,942
8.Analysis	oftotal expenditure
							Total Funds	Total Funds
							2023	2022
							E
Salary, Nl &.pensions							818,230	785,571
Recruitment,	training,	travel	Et volunteering				27,266	24,245
Premises costs							154,202	140,874
Office expenses							47,544	35,956
General Insurances							4,043	4,136
Publicity 8:	promotions						7,282	7,844
Activity expenditure							149,839	98,180
Community	Services partner		costs				767,986	777,882
Governance	costs			10			16,160	13,632
							1,992,552	1,888,320
9.Support	costs
							2023	2022
					Office	Premises	Total	Total
					E		E	E
Information	B.advice				6,446		6,446	30,211
Nightingale	project				762		762	585
Community	services				16,174	154,202	170,376	124,097
Help at home services					706		706	1,348
					24,088	154,202	178,290	156,241

				Unrestricted	Restricted
				Funds	Funds	Total Funds	Total Funds
				2023	2023	2023	2022
				E	E		f.
Charity legal expenses/		indemnity	insurances				1,228
AGM Et governance	meetings			1,975		1,975
Audit fees				8,050		8,050	7,750
Other non audit services				3,250		3,250	2,958
Legal & professional	fees				2,885	2,885	1,695
				13,275	2,885	16,160	13,631

Total staff costs were as follows:	2023	2022
Wages and salaries	711,927	697,793
Social security costs	50,433	46,989
Pension costs	55,870	40,789
	818,230	785,571

Information	Ei: advice
Community	services
Help at home services
Nightingale	project

Details of Age UK Richmond H statements.	Details of Age UK Richmond H statements.	Details of Age UK Richmond H statements.		andyperson	andyperson	andyperson	andyperson	S	ervice L	td a	nd its re	sults are dis	sults are dis	close	d in note 4 to the	d in note 4 to the	financial
Age UK Richmond Services Ltd,				a Company					registered	in	England	and Wales,		with	Company registration		number
08809742 and registered	office address					The		White House,			45 The Avenue,		Hampton,		Richmond Upon	Thames, TW12
3RN, is a wholly owned	subsidiary			of	Age UK			Richmond		Upon Thames		which	owns	100%of the ordinary		shares of the
Company. A summary	of its	results			is	shown			below	for	the year	ended	31 March		2023. Surpluses	generated are
transferred to the charity (parent				company)				by way of		gift	aid donation.
															Year Ended	Year Ended
															31 March	31 March
															2023		2022
Turnover															1,125,027		1,127,888
Cost of sales and administrative			costs												(1,056,909)	(1,041,864)
Net operating profit															68,118		86,024
Amount gift aided to charity															(86,024)		(85,347)
Amount retained in subsidiary															(17,906)		677
The assets and liabilities	of Age		UK Richmond						Services	Ltd	were:				E		E
Current assets															243,325		387,232
Current liabilities															(175,205)		(301,206)
Total net assets															68,120		86,026
Share capital															1		1
Reserves															68,119		86,025
Total Capital and Reserves															68,120		86,026
13.Net income / (expenditure)				for	the	year
															2023		2022
This is stated after charging:															E		E
Charity legal expenses/	trustee		indemnity				insurances										1,228
Operating lease rentals	- land	&		buildings											111,635		111,635
Auditors' remuneration:
- Audit of these financial	statements														6,300		5,700
- Audit of subsidiary companies															5,000		4,500

14.Tangible fixed assets
		Motor		2022
The Group	Equipment	Vehicles	Total	Total
	E
Cost
At 1 April 2022	60,324	19,957	80,281	80,281
At 31 March 2023	60,324	19,957	80,281	80,281
Depreciation
At 1 April 2022	60,324	19,957	80,281	80,281
Charge for the year
At 31 March 2023	60,324	19,957	80,281	80,281
Net book value
At 31 March 2023
At 31 March 2022
		Motor		2022
The Charity	Equipment	Vehicles	Total	Total
	E
Cost
At 1 April 2022	60,324	11,294	71,618	71,618
At 31 March 2023	60,324	11,294	71,618	71,618
Depreciation
At 1 April 2022	60,324	11,294	71,618	71,618
Charge for the year
At 31 March 2023	60,324	11,294	?1,618	71,618
Net book value
At 31 March 2023
At 31 March 2022
15.Stock
	The	Group	The Charity
	2023	2022	2023	2022
	E		E	E
Stock for resale	3,050	3,088


Cost					2023	2022
					E	E
At 31 March		2023 and	at 31 March	2022
Analysis of		investment	in subsidiary	undertaking
					2023	2022
Shares in group undertaking					E,	E
Acrute Ltd
					2023	2022
Aggregate	capital and		reserves
Acrute Ltd					1,804	1,804
Profit/(loss)		for the year
Acrute Ltd

			The Group		The Charity
			2023	2022	2023	2022
Trade debtors			38,553	26,474	46,954	23,943
Amounts	owed by group undertakings				137,570
Prepayments		Et accrued income	72,721	25, 349	72,721	25,349
Deferred	costs		139,723	143,933
			250,997	195,756	257,245	49,292

19.Cre	d	itors: a		ount	s f	alling d	ue within one y	ear
									The	Group	The Charity
									2023	2022	2023	2022
Trade creditors									213,802	58,384	63,262	35,149
Amounts		owed to		group undertakings								91,255
Taxation		and social security							20,434	71,090	21,264	14,507
Deferred		income							131,276	263,969	108,476	14,584
Accruals		Et other		creditors					193,898	313,702	166,646	313,321
									559,410	707,145	359,648	468,816
Analysis		of movement			of deferred		income
								Balance at				Balance at
								1	April 2022	Receipts	Utilised	31 March 2023
									E	E	E	E
Better Care Fund									10,000	183,650	(129,650)	64,000
Age UK	National									73,400	(55,063)	18,337
Barnes Workhouse				Fund						15,402	(7,701)	7,701
The GC	Gibson Charitable					Trust				8,000	(8,000)
Emanuel		Hospital		Foundation					(4,166)	10,625	(6,459)
Richmond		Parish	Lands							45,020	(45,020)
Hampton		Fund							8,750	79,200	(84,200)	3,750
The Charity									14,584	415,297	(336,093)	93,788
London	Borough		Richmond			Upon Thames			249,765	1,126,405	(1,338,682)	37,488
Lettings		income							(380)	17,510	17,130
The Group									263,969	1,559,212	(1,657,645)	131,276

	The Group		The Charity
	2023	2022	2023	2022
	E	E	E	E
Balance at 1 April 2022	617,071	578,471	528,569	491,700
Income	485,858	388,096	574,360	474,865
Expenditure	(376,150)	(315,996)	(445,562)	(404,496)
Transfers	{4,595)	(33,500)	(4,595)	(33,500)
Balance at 31 March 2023	722,184	617,071	652,772	528,569

		Balance at					Balance at
		1 April 2022	Income	Expenditure	Transfers		31 March 2023
		E	E	E	E		f.
Information	Et advice		135,392	(139,854)	4,462
Nightingale	Project		129,650	(129,650)
Community	services		1,259,265	(1,259,398)		133
Help at home services			87,500	(87,500)
			1,611,807	{1,616,402)	4,	595

		Balance at				Balance at
		1 April 2022	Income	Expenditure	Transfers	31 March 2023
		E,	E	E	E	E
Information	Et advice		135,392	(139,854)	4,462
Nightingale	Project		129,650	(129,650)
Community	services		134,238	(134,371)	133
Help at home services			15,000	(15,000)
			414,280	(418,875)	4,595

		Tangible		Net current
		fixed assets	Investments	assets	Total
Unrestricted	income funds:
General Funds				722, 182	722,184
Total Funds				722, 182	722,184

25. Consolidated s	tatem	en	t	offinancial activitie	s - prior year
					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds	2022	2021
Income					E		E	E
Donations and memberships					48,763		48,763	66,122
Commercial trading	activities				54,501		54,501	45,255
Income from charitable		activities			265,411	1,538,824	1,804,235	1,797,831
Investment income					1,455		1,455	2,875
Other income					17,966		17,966	62,512
Total Income					388,096	1,538,824	1,926,920	1,974,595
Expenditure
Raising funds					(1,788)		(1,788)	(2,854)
Commercial trading	activities				(65,590)		(65,590)	(64,973)
Expenditure on charitable			activities		(248,618)	(1,572,324)	(1,820,942)	(1,816,462)
Total Expenditure					(315,996)	(1,572,324)	(1,888,320)	(1,884,289)
Net income I (expenditure)				for the year	72,100	(33,500)	38,600	90,306
Transfers between	funds				(33,500)	33,500
Net movement in funds		for		the year	38,600		38,600	90,306
Reconciliation of funds
Total funds brought	forward				578,471		578,471	488,165
Total funds carried forward					617,071		617,071	578,471

26. Analysis	of movement in u	nrestricted income funds - prior year	nrestricted income funds - prior year
Unrestricted	funds are available	to spend on activities that further any of the purposes		of the Charity.
		The Group		The Charity
		2022	2021	2022	2021
		f.	E		E
Balance at 1 April 2021		578,471	488,165	491,700	402,548
Income		388,096	429,770	474,865	512,962
Expenditure		(315,996)	(317,804)	(404,496)	(402,150)
Transfers		(33,500)	(21,660)	(33,500)	(21,660)
Balance at 31 March 2022		617,071	578,471	528,569	491,700

		Balance at				Balance at
		1 April, 2021	Income	Expenditure	Transfers	31 March 2022
		E	E	E
Information	Et advice		149,533	(162,892)	13,359
Nightingale	Project		101,610	(101,931)	321
Community	services		1,203,221	(1,220,704)	17,483
Help at home services			84,460	(86,797)	2~337
			1,538,824	(1,572,324)	33,500

28. Analysis	of movement in r	estricted income funds -	the Charity	prior year
		Bal.ance at				Balance at
		1 April 2021	Income	Expenditure	Transfers	31 March 2022
		E	E		E	E
Information	Et advice		149,533	(162,892)	13,359
Nightingale	Project		10'I,610	(101,931)	321
Community	services		75,333	(93,493)	18,160
Help at home services			15,000	(15,000)
			341,476	(373,316)	31,840

		Tangible		Net current
		fixed assets	Investments	assets	Total
Restricted income funds:
Community	services
Unrestricted	income funds:
General Funds				617,069	617,071
Total Funds				617,069	617,071

	The Group		The
	2023	2022	2023	2022
	E	E	E	E,
Within one year	73,977	7?,827	9,917	9,834
Between two to five years	101,428	37,368
	175,405	115,195	9,917	9,834

financial commitments as follows:
	The	Group		The Charity
	2023		2022	2023	2022
	E		E	E
Within one year	23,975		23,975
Between two to five years	37,960		13,985
	61,935		37,960