Company Registration No. 04175500 (England and Wales)
Charity Registration No. 1085875
AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
A COMPANY LIMITED BY GUARANTEE
AUDITED CONSOLIDATED REPORT
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

CONTENTS
Page
ReFK)rt of the Board of Trustees
1 to13
Independent Auditor's Report
141018
Consolidated Statement of Financial Activities
19
Balance Sheet
Statement of Consolidated Cash Flows
21
Statement of Charity Cash Flow
22
Notes to Ihe Finawial Statements
23to43

AGE UK SLirroN
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENOED 31 MARCH 2022
The Directors present their report together with the financial statements for Ihe year ended 31 March 2022.
The financial statements have been prepared in accordance with Accounting and Reporting by Chartties..
Statement of Recommended Practice applicable lo charities preparing their ac¢ounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 {effective 1 January
2015- Charities SORP 2015 {FRS102}) and the Companies Act 2006.
Refgrgnca and Admlnlstratlon Detalls of the Charityi its Trustees and Advl8or8
President:
Marilyn Gordon-Jones
Trustees:
The Trustees, who are also directors of the Company and who hav8 held office during part or all of
the year 2021-2022 andlor up to the date this report is signed are-
Janet Samuel (Chair)
Kumar Ghosh (Treasur￿ and Chair of Finance Rtsk and ALKlit Commitleel
Tim Howe (Vice Chair)
Chrisha Alagaralnam {Chair of Qualtiy Commrttee)
Vaskor Basak (resigned 3 November 2021)
Fidelma Hallon {appointed 3 November 2021) (Chair of Fundraising and Enterprise Committee)
Zoe Lellk>tt {appoinled 3 November 2021)
Gillian Perkins {resigned 3 November 2021)
Norman Scarfett
Chief Executivg and Company Secretary:
Nicola Upton
Charlty No:
Company No:
Registered Offlce:
1085875
04175500
Sutton Gate, 1 Carshalton Road, Sullon. Surrey SM14LE
Audltor:
Moore (South) LLP, Piiory House, Pilgrims Court, Sydenham Road.
Gulldford. Surrey, GU1 3RX
Bankgrs..
Lloyds Bank. Blackhealh 8ranch, Blackhealh. London SE3 9LH
Invgstmgnt Managers- Brewin Dolphln. 12 Smiltrifield Slreel. London, EC1A 9BD

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
Iconld...
Structure Govemance and Management
Age UK Sutton IAUKS) is a local charfty supporting older people in the London Borough of Sutton. As
a local 'Brand Partnel of the national Age UK charity, AUKS operates independently. raising ils own
funds and delivering serv￿eS lo meet local needs, pursuing 11$ mission to make Sutton a more Age
Friendly Place.
As a 'Brar￿ Partner, of Age UK. Age UK Sutton receiv&s a small level of flnancial and adrninistralive
support from the national charity, and is required to meet Certain CDndilions, particularly règarding
branding, website slru¢lur&, and the delivery of an information and advice service. Other decisions
on delivery and development are made locally, according lo Age UK Sutlon's own Memorandum and
Articles of Asso¢iation and strategic priorities.
The Trustee5 Gonfim that they have referred to the guidance contained in the Charity Commission's
general guidance on publi¢ benefitwhen reviewing the charity's aims and objectives, in planning future
activities and setting strategic priorities for the future.
Governing document..
Age UK Sutton's governing document is the Memorandum and Articles of Asso¢iation. which was last
revieweé and approved by the Chafity Commission in 2013.
Age UK Sutton is a registered Gharity limited by guarantee. and had one subsidiary during the year=
Age UK Sutton Trading Ltd, was dissolved on 24 May 2022, as no non-charitable purpose trading
activities are in progress.
Structure and decision making
The Board of Trusteès meets at least four Ilmes a year and is responsible for goveming the affairs of
AUKS.
Three ¢ommitteeg have delegated responsibility for scrutiny and oversight of key strategic areas, and
report into Ihe Board via committee Chair briefings al Board meetings and exception reporting, and
through regular discussion with the Chair.
The Finance. Risk and Audit Comrnittee reports on all areas of risk. both financial and non-financial,
which could threaten the viability, reputation. or operational efficiency of AUKS. Th8 Fundraising and
Enterprise Committee sle8rs fvndraisir)g and enterprise strategy and perfomiance, and the Qu81ity
Committee oversees quality of service delivery. performance againstcommissioned service contra¢t$,
employe8 experience and volunteering. All of the committees meet four times a year.
Trustees engage with strategic projects as required, for example by participating in working groups
for strategic projects, advising on discrete work prcwmmes, and providing expertise to a5SlSt the
execLrtive team in decision-making where Ihelr professional skills are relevant.
The Board agrees the broad strategy and direction of the charity to ensure the organisation fuifils ils
objectives. 11 lakes overall responsibility for ensuring that the financial. legal, and ¢onlractual
obligations of the charity are met and that there are satisfactory systems and controls in pla¢e to
ensure quality. continuous improvement, and regular engagement of our stakeholders.
Th8 CEO and Chair maintain regular contact in order lo discuss strategy and communication, and to
ensure that the Board is fully advised of ary major achievements, in¢idants, or rlsks and Issues in
'real lime..

AGE UK surroN
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
Iconld...
Structure GovernanGg and Management Iconld...
Day lo dayde¢i5ion making is delegated lo the Chief Executive. who delegates specrfic responsibilities
lo the Senior Leadership Team, and other managers as appropriate. The Board receives regular
quality, performan¢e, and finance reports from the Executive.
Age UK Sutton's Board of Truslees and the Senior Leadership Team work cjosely together lo deliver
the strategic airns of ihe charity. A Scheme of Delegation Sets Out roles and responsibilities for
de¢ision making. Age UK Sutton is committed to developing the impact of our Board through
development and leaming- building on the Streng￿ and expertise of all EKiard members.
Trustees {Direclors) are elecled at the Annual General Meeting to serve a term of three years and can
stand for re-election. The Board can co-opt people during the year to ensur8 that the Board has a
broad range of skills and experien￿ and in order lo facililale Trustee succession. All members give
their time voluntarily and receive no benefits from the charity. Any expenses reclalmed from the
charity are set out in note 12 to the a￿o￿nts.
Pay and Remuwration
Pay and remuneration are reviewed annually by the Pay Committee which meets in Ju5y aTrJ whose
membership indudes the Chair. Vice Chair. Treasurer and CEO. The Pay Committee cotTSideTs
proposals for pay review and makes a recommendation lo Ihe Board. who then review and approve
recommendations. The CEO'S pay and remuneralion is determined by a dosed session of the Pay
Committee and approved at a closed Board s8ssion. There is a pay policy setting out how pay is
reviewed and benchEnarked. Individual pay may be revi8wed outside of Ihe annual cycle by èxception,
for example rf ther& is a $ignrficant Ghange in role or responsibilities.
Trustee candidates are selected via a rigorous process involving advertising andlor use of a
recruitment Specialist, inlerview and references. and all Trustees are eleded by the membership.
Following appointment, Trustees undergo an induction programme ond all Trustees attend training,
briefings. arKJ meetings to support their development and that of the Charity.
Relationship with other parties..
Age UK Sutton's active subsidiary (Age UK Sutton Trading Ltd) was closed in 2021. wlh the elosure
completing in February 2022. The Board of Trustees look th& decision to dose the Trading Company
as associated costs of retaining il were not justified. 11 was dissolved on 24 May 2022.
Objectives and Activities for Publlc Benefit
The Objects for which the Charity {trte'Obje¢ts"l is established and to which il is specifically reslrlcled
are lo promote the following purposes for the benefrt of the public andlor older people in and around
the London Borough of Sutton (-the area of benefil")-
preventing or relieving the poverty of older people.,
advancing education.
preventing or relieving sickness. disease or suffering in older people (whether emotional, mental
or physicall,.
promotin9 equality and diversity..
promoling the human rsghts of older people in accordance with the Universal Declaration of
Human Rights.,
a55isting older people in need by reason of ill-heallh, disability, financial hardship. social
exdusion or other disadvantage., and

AGE UK su￿ON
AND ITS SUBSIOIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THEYEAR ENDED 31 MARCH 2022
Icontd
ObJ8ctlvas and Activities for Public 8enefrt Icontd...
such other charitable purposes for the benefit of older people as the Truste65 may from lime to
time decide
the outcome of this being the promolton of Ihe well-being of older p80pIe.
In 2021-2022. Age UK Sutton delivered a wide range of seryices and infiuencing aGtivity. with
of this activity being delivered In partnershlp. The primary offer included..
Independent information and advice on a érop In, outreach and appointment basis which offers
support on a wide range of topics including wellbeing. rights, financial mallers, housing, and
products and Services.,
Support with benefit appeals and consumer disputes.,
'Help at Home, irnGluding day to day Support, cl&aning and shopping, companionship, light meal
preparation, medication prompting, and a 'silling' service,.
Delivery of commissioned ServI￿S to provide support lo the public including targeted informali)n
and advice, support lo people living with darnentia and their carers, and expert support for those
leaving h05pilal or experiencing ill health (including mental ill health), with the aim of improving
health out¢omes and reducing readmissh)nJfurther h8alth issu8S',
Delivery of commissioned services lo provide support to older people wrth improving their
wellbeing, and who are experiencing enduring mental health conditions. Ag@ UK Sutton is
partner in a national Mental Health Transformation pilot programme which offers p88r-18d support
to underserved groups. one of which is older peopl8.
Commissioned Social Prescribing services, including 5UPPOrt for GP patients to find lasting
solutions to Complex non-medical challenges, and support lo GP patients experiencing Gomplex,
non-tlinical challenges. through a multidisciplinary team. In December 2021, Sutton's Primary
Care Networks look the decision to consolidate all similarly fvnded services and notified AUKS
of their intention lo bring this highly regarde(I service 'in house, from April 2023,.
Age UK Sutton 15 also one of three Age UK Brand Partners deliv&riThg targeted eroagement
regarding lung health screening, as parl of a national NHS England pilot programme..
Social adivitie5 and support to connect Nvith activities, exercise, cultural and edu¢ational events.
collectively described as Ihe'community Connectors. programme. In earty 2022, Age UK Sutton
secured signrficant National Lottery Community Fund support lo develop thi$ programma.
beginning on 1 April 2022,.
Activity that promotes civic erbgagem8nt ar￿ infiuences decision makers, in¢luéing enabling older
people to participate in consultation. delivering engagement event5, participating in national
campaigns, and running Sutton's 'A9e Friendly, engagement programme in partnership with
Sullon Council-,
Representation of older people's inler8Sts, and of the charity and community groups of Sutton. in
strategic forums including the Integrated Place Board. Sutton's Systems Leadership Group. and
the Local safeguarding Board.
During the 2021-2022 year, the impact of the Covid-19 pandemic continued lo be felt and have a
major impact on older people, for example by exaGerbaling social isolation and loneliness. and limiting
access to health and social care services. The process of adaptation to a permanently changed world
is on-going for this section of the fK)pulalion. Age UK Sutton Continues to evolve and develop delivery
in rasponse, for example ulilising extra hygiene and safety protocols for all face lo face contact and
recognising that supporting older people to rebuild confidence indudes cOnS￿8ration of f8ars about
re-entering society.

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
/conld...
Objectives and Activitios for Pubtic Benefit Icontd...
Since late 2021, an energy crisis has begLtn lo emerge. with a combination of factor5 relating lo
political unrest, war, and supply chain issues contributing lo rapidly rising energy prices. These rises
have made a cross cutting impact on the cost of living, not only affecting the cost of heating. cooking,
and travel, but also of food and other essentials. Al the lime of this report. the longer-lerm impact of
this ongoing crisis continues lo evolve, with higher than ever numbers of older people seeking support
from Age UK Sutton. The charity continues lo innovate to reach more people. atKI to assist older
people with financlal difficulties in a challenging economic environment.
The charity continues to work lo manage the rising dernand for support. driven by the issues sel out
above, and also because other services, induding some statutory services. are either dosing, or
limiting aC￿sS due to their own capacity. The leadership team is working closely with the wider
system in Sullon to analyse and consider solutions lo these systemic challenges. and to consider how
best the organisation tan rèspond to demand within limited res¢xJrces.
Age UK Sullon's Key Performance Indicatr)rs {KPls) for the year 2021-2022..
As in the previous year. due to the ongoing Covid-19 pandemic. year-long KPIS were not sel, as it
was recognised that needs continued to change and evolve. However. focus on agreed strategic
priorities was maintained. with regular Board and Committee meetings servirwJ to m¢Jnilor progress
both of the Covid response. and of 'business as usual, activities.
The table below represents Priorities that contrT￿ed from the 2020-2021 y&ar into 2021-2022. and
some additional notable performan￿ indicators.
Performance
Indlcators
%of
population
aged 75+
reached
201
2020
2020-
2021
2021-
2022
13.34 0
(1492)
Total population over 75 (Sutton Datacard):
11,168.
NB the 2020-2021 figure is a minimum. as
from April - July 2020, emergency
measijres in place meant that age dala was
not captured from all dients
A small percentage of clients (15%) are not
asked Iheir age. vsually because the caller
wishes to remain anonymous or declines lo
request for demographic infornialion, so
this fi
ure is a minifflum
In 2020-2021. Age UK Sutton recorded an
additional 1000 anonymous individuals
(above the figLtres stated) who were
pmvided with Covid emergency support
that the charity was a co4eader of.
The continued increase in 'core'
information. advice and support provision
across 311 services in a context of rising
comploxity land therefore time needed) of
each enquiry demonstrates a conlinulng
rise in demand for support. and the
Charity's success In responding lo thls
need. This figure represents a 200A rise in
indivKluals Teceiving assistance since the
last (Jireclly comparable year {2019-2020-
2914
(1512)
(1461)
Total number
of unique
individuals
provided with
support
2914
3586

AGE UK surroN
AND ITS SU8SIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
Icontd..
Obj8ctive5 and Activities for Publle Banefit /conld..
3.3A
Performance
Indlcators
Totsl number
of volunteers
deployed
201
2020
102
2021
2021
143
2021-
2022
62
Age UK Sutton had a sharp rise in active
volunteers during the Covid pandemic, both
as a result of new service needs, and a
strong response to the comrnunity
emergency.
A proportion of these emergency volunleers
stepped out of volunteering once back at
work, and when some roles ended. AUKS
is now building up longer term volunteering
roles again, as part of pandemic recovery
and overall chari
strat
These outcomes are a result of incom8
maximisalion work lassisting older people
lo secure benefit entitlem8n15 and save
money e.g. on bills}. This was a major
priority for th8 later months of 2021-2022,
after a large reduction in contac15
requesting this as51stsnce in the previous
year when clients prioritised more
immediate crises, and there were delays to
application reviews. Exceeding 2019-2020
levels12019-2020: £1.375rn1 in around half
the number of months indicates the
Suc￿$ of a major delivery drive, and the
continued level of need.
Financial
gains
outcomes
secured for
older people
£1.375
£489.3
02
£1.399m
3.3B
Financial
Perfomianc6
indicators
Total Income
KPI (budget)
2021-2022
result
Commont12020-2021 data for ygar on
year comparison
£1,188.234
£1,421,498
2020-2021 Budgel..£1.279.050 Actual..
£1,314,269
The result for 2021-2022 was above budget
ue lo new funding secured for emergency
Covid relief work. and for new services. This
included a number of new
rants.
Expenditure levels c105ely match income,
due lo strong financial controls and planning.
New expenditure was a result of new funded
activit
and
ro
ects.
2020-2021 Budget". £24,200, Actual.. £83,622
Tolal
expenditure
£1,187,845
£1,432,028
Financial
Surplusl
Deficit
Enterprise
Revenue
£389
£4.345
£338,000
£280,500
2020-2021 Budget.. £365,600. Actual..
£185.000

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENOED 31 MARCH 2022
Icontd...
Objeetive5 and Activiti85 for Publlc Benefit Iconld...
3.38
Financlal
Performance
indicators
Enterprise
Contribution
New Grant
Income
Igrossl
KPI (budget)
2021-2022
result
Comment 12020-2021 daia for year on
year comparison
153,200
126.800
2020-2021 Budge1= £163.000. Aclual:
£78.100
2020-2021 Budget- £150.000 Actual:
£313,000
£60.000
£138.823
The target for 2021-2022 was loweT than
the previous year based on changing
priorilies and opportunity. and the
unknown risk of the Covid Pandemic lo
rant fundraisin
2020-2021 Budget: £75.000, Actual..
£191_800
Minimum
monthly cash
batance
£75.000
£75.000 or
above
maintained
Performance against budget was good, with a very small deficit before pension commitments are
taken into a￿)unt, whth the Board considered to be within atteptable tolerar￿s.
A nuwnber of new COntr￿S and grants were secured In the year, including some further Covid
Emergenw funding. and new commissions (Lung Health and Menial Health transformation).
Enterprise was affected by Ihe impa¢l of the pandemic. both the legacy of shut-down in 2020-2021,
and also ongoing Covid restrictions. including 'lockdown' lowards the end of 2021. In the final months
of 2021-2022, Enterprise is showing indications of re￿very, the enablement of which is a fflajor focus
for 2022-2023.
Many actnfilies of Age UK Sutton could not be delivered without the 5UPPOrt of volunteers. During
2021-2022 a total of 62 volunteers supported the charity.
No cost has been apP￿tioned in respect of the time given by our volunteers in aecordance with the
SORP.
Achievement and Perfom)an¢e
Ov8r the course of the year 2021-2022. Age UK Sutton directFy delivered a service to 3.586 people
12020-2021.. 3,461). 1.492 of these people were over 75 years old {2020-2021= 14611. Of those asked
33.3% of AUKS clients lived alone. 340/• expressed a fear of falling, and 51Qh had no access lo digital
technology.
After a signrficant increase in the number of people receiving a service in the wevious year. the trend
has continued. despite lower delivery resources after Covid emergency funding ended. However, the
type and length of support now required tends to require longer and more complex inteNentions for
more people. as new challenges arise le.g. the cost of living} and other services are affected by
financial and resourcing challenges.
The charity supported older people in Sutton lo secure £1.399.40412020-2021-. £489.302) in new
income and savings. through helplng people to ¢laim the benefils lo which they were entiued a[￿lor
lo implement cost savings. This result has returned Age UK Sutton's impact in this area to pre-
pandemic leve15. a particularly good result considering Ihat'business as usual. lorfinancial gains work
did not begin until the mid-point of the year (due to older people priorilising other needs. and delays
lo Consideration of applicalionsl and GOn5idering Ihe challenging environment for cost savings in one
major domain- energy prices.

AGE UK SUTTON
AND ITS SUBSIDIARY UNOERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
Icontd.
Aohievamgnt and Performance Icontd...
New activity in 2021-2022..
Continuing to co-lead th& Borough's cornmunity Covid response in partnership with Volunteer Centre
Sutton and Community A¢lion Suttor), and in collaboration with other local charities and partners,.
Delivering a further year of Ag8 UK Sutlon's 'Age Friendly, partnership with Sutton Council. building
on learning from previous projects to develop three research pilots. focused on Age Fri8ndly business
pra¢li¢es, later life volunteering. and home safely. Each project has been co-produced and co-
delivered with local older people.,
Development of Sutton Lung Health engagement programme. Age UK Sutton is one ofthree Age UK
Brand Partners collaborating lo deliver the engagement strand of a national NHS Lung Screening pilot
for people aged 55-74. Our activity indudes engaging with al risk individuals and groups lo encourage
and support them lo tak8 up an invitation lo screening, and to provide broader education about lung
health and how lo seek support.
Development irf Sutton's CommunTty Mental Health Transfomialion Programme, a collaborative
project to develop irbnovalive, peer led mental health support for underserved cohorts {including older
people) experiencing severe or enduring mental health difficulties. This programme is a national flrsl,
embedding evidetTce-based peer support and coproduction in its design and delivery.
Taking over Sutton's peer support programme for people living with Dementia and their Carers (after
local partner Alzheimerfs Society opted not lo continue delivery of this commission}. Working in
partnership with Sutton Carers, Cenlre, and with the SUPFXJrt of partners including Azheimer's Society,
Age UK Sutton is leading a programme including peer Support groups and one to one support for
people at drfFerent stages of their dementia journey.
Age UK Sutton's CEO became Chair of Sullon's Dementia Action Alliance (Jan 2022), a local alliance
with members from the voluntary, stalulory, and business sectors in Sutton. Eady work has incluéed
beginning a review of the scope and purpose of the Mliance, and idenlfySng resource and funding
needs.
Plans for Future Periods
AUKS has grown in the last year, as a result of securing new contrxls and grants lo deliver work that
fu￿1$ our strategic mi55ion lo make Sutton a more Age Frièndly Pla¢e.
Long term response to the Covid-19 pandemic
The lasting effects of the Covid-19 pandemic, and the energy crisis that began in late 2021, continue
to make a major impact on the lives of older people, especially those already disadvantaged by h8alth
needs, low incomes, and social isolation. We are seeing the impact of 'decondilioning' in people who
have been restricted in their activities outside the home ft)r a long perlod, and the contlnuing effect of
pressures on our Health and Social Care systems, which affect support available and waiting times
for non-urgenl interventions. Age UK Sutton continues to address these complex challenges, both as
a servic8 provid8r. and as an influencer of wider development. We work in partnership wlth statutory
prtsvide￿ as well a5 Other charities and local business, lo find eff￿Rent. effective ways to ensure that
all older people in Sutton receive the support they need, and have their voices heard in decision
making.

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
Icontd...
Plans for Future Perlods Icontd...
Slralegy, Business Plan and Budget
A 'refresh' of Age UK Sutton's strategy. and a three year Integrated Business Plan were developed
during 2021-2022, with implementation beginning in April 2022. The strategy and plan were
developed using insightfrom cli&n15. Staff, volunteers. and Trustees, and sel out both delivery priorities
for the next three years. and organisalional priorities regarding infrastructure. people. and culture,
induding equity, diversity. and inclusion.
Age UK Sulton o)nlinues to work lo a principle of diversified ir￿Orne, with investment being made to
develop the social and financial irnpact of our Help at Hom8 enterprise and continuing to secure grant
funding from trusts an(1 foundations. With the success in grant fundraising in re￿nI years,
slewardship has become a greaterfocus. lo ensure that longer term relationships can be forged where
possible. Strategic relationships with cornfflissioning bodies are carefully managed, with Age UK
Sullon retaining and developing its position as a strategic partner and advisor. as well as a provider.
The Trustees have agreed a budgel for tfve year which reflects a conservatlve approaeh lo enterprise
growth. and a maintenance level of new grant income. This lakes t￿10 account the continued
uncertainty about Covid al the time gf budget setting, and an agreed focus on consolidation and
strengthening of core services lo meet local need, for al least the first half of the 2022-2023 year.
Irffluencing and Representalio
Age UK Sutton is proud lo be r8garded as an effective and inffluenlial partner within Sutton including
with the voluntary sector, health. and social care. The support and collaboration of our partners is
invaluable. and we look forward to continuing to develop and evolve these relationships in the best
interests of local oklef people. We are commilled to ensuring that older people's needs are
champI￿ed. and their voices heard in planning and decision making, dismantling stereotypes and
challenging inequalities. We consider ourselves fortunate to operate in a system that shares these
values and is open lo dialogue about improvement and change.
Equty. DNersty and Inclusion
Age UK Sutton is committed to serving all older people who live ￿ our ¢ornmunity. As part of AUKS
2022-2025 Integrated Business Plan, ftJrth8r 8mbedding and continuously improving Equity, Diversity,
and Inclusion across service delivery, employmenL volunteering and inffluen¢ing practice is a business
priority.
Our services are for Ihe benefit of older people ifrespeclive of gender. marital status, ethnic
backgrwnd. disability. sexual orienlalion. culture, politics or religious belief. Some of our services
may be targeted al particular sections of the older ph)pulalion within Sutton in order lo address
particular idenlrfied needs or Concerns, for example the Lung Health programme is largeled al a
specific age range based on NHS England dala regarding risk, and the Mental Health Iransformalion
programme is targeted to adults under 75, as il is part of a larger. age stratified mental health services
slruclure.
The Trustees wish to take this opportunity to thank all of our partners 2nd supporters, staff and
volunteers. without whom aehi8ving our Mission to make Sutton a more Age Friendly Place would be
impossible to progress.

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
Icontd...
Financial Revi?w
The financial statements cover the aetivit'es of Age UK Sutton and the trading subsidiary Age UK Trading Lid
for the year ended 31 March 2022.
The incoming resources for the year amounted lo £1,421.49812020-2021: £1.319.0681.
Expenditure for the year amounted to £1,432,027 12020-2021: £1.302.8431 compargd to a budget8d
expenditure of £1,187,845.
This resulted in a nel difference between income and expenditure of £10.529 {deficil) Ibudget £389 Isurplusl
plus an unrealised gain on investments of £2,658, and a re-measuremenl gain on the defined benefit pension
scheme of £12,216, giving a net overall surplus for the year of £4.345.
Th8 subsidiary Trading company reported a nel def5CIt of £1.513 in 2021-2022. The trading Company was
non-trading Ihroughotjl the year, and after an assessment of ongoing costs, and whether AUKS will need a
trading subsidiary in the foreseeable future, a decTsion was made by the Board to close the company. The
outstanding net deficit of the company la result of ongoing costs lo holding the company op8nl has been
INritten off as part of yearend reconciliation.
Fundralsing and Incorne Generation
The Trustees, priority is to continue to secure income, with a focus gn supporting cons01idatlOn and
development of core sarvices lo meet demand in the first half of the year. There is a particular focus on
ensurTng a greater proportion of income raised is from unrestricted sources. Sources indude grants,
sponsorship, commissions, legacies, donations, community events, and regular giving.
Investment is being made in developing Age UK Sutton's social enterprise, Help al Home, which provides
important $o¢io1 and practical support al affordable PTices, as well a5 generating unrestricted income for the
¢harity.
Roserv08 and Investments
The Trustees have agreed a fram6work for determining the minlmum level of reserves considered necessary
to safeguard the Charity's solvenry. The calcLJlalion is based upon a risk assessmont ofthe Charity's financial
POs11ion and outlook, taking into account addrtional costs and liabilities associated with the unlikely event of
WTnding down the Charity's activities.
The Trustees have determined that the Charity should hold a minimuiyi level of general unrestricte(I re$eNes
of 34 months operallng costs on th8 basis that this would, in the worst Gase scenario. cover Ihe ¢osts of safely
c105ing the Charity.
General unrestricted reserves at 31 March 2022 were £494,300. in¢luding £90,000 designated for th8 Pension
Liability.
Investment Policy and Perfomiance
Age UK Sutton has a portfolio of investm8nts rnar￿ged within Brewin Dolphin 'Diver5rfied Risk, investment
strategy lo maximise income. 11 seeks a sensible b31anc8 b8tween income and capital growth. with a purpose
of generating additional ￿ndS lo sustain services and support innovation and improvement. The Board has
ecided lo build on ils current ethical investment position to a commitment to ESG investwnenl. ESG investing
relies on independent ratings that help you assess a cornpany s behaviour and policies when it comes to
envimnmenlal performance, social impact and governance issues.
The aim of holding funds in inveslm8nls is to grow, over time, the value of unrestricted funds held in order to
increase reserv6s in line with the Charity's overall growth. and from lime to time lo enable investment of capital
growth in pilot projects, infrastructure, and development.
In the year lo 31 st Marth 2022 the portfolio returned 1.39WD in income and increased in value by 0.8¥0 10
£331,127.
10

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
lcontd...
Risk Management
The Trustees hold a Risk Regisler which is reviewed quarterly al the Finance, Risk and Audit Commillee and
presented lo the Board at leasl ￿lce a year. New risks are highlighted and exception reporting lakes place
between me8tings.
Principal risks {scoring over 20 in a 5x5 Ilkelihood and impacl matrix) and mitigations are-.
Risks
Mitigations
Long term imp2cI of
Covid on economy.
funding. client needs.
staffing and volunteer
levels
Patierns of need and demand actively monitored, with records and insight
used lo track changes and trends.
Project undemay to better assess current and potential future impacts on
Community Support delNery.
Allhough Covtd still has an impact, il is beginning to be 'business as usual. .
we are not planning as rf it will end anytime soon and so managing staffing.
volunteering 2nd service delivery is now all in the context of Covid
Service.
Ivol plans, in
lace, enablin
swrft refocus of activ.
Resource dedicated lo deliver compliance programme
GDPR compliance measures in place
Lead Trustee for Safeguarding appointed and safeguarding review discussed
at Quality Committee 14.7.21
Charity Quality Standard completed and achieved
Health and Safety Audit compleled and scheduled annually, bi-weekly checks
in place
Polscy specific training sessN)ns d8veloped and delNered. added lo annual
L&D plan
Continue to monitor guidance as and when released
Advance Safe
uardin
Lead Trainin
dentified and booked
Safeguarding training for staff and workers provided and refreshed every year
safeguarding procedures in place and all staff Irained
safeguarding questions I￿Uded in recruilmenl
Non-compliance againsl
legislative and quality
assura￿ requirements-
GDPR, CQS,
Safeguarding
Serious safeguarding
incident which is not
effectively managed
Cyber security incident
which Ss not effectively
identrfied I managed
Cyber Essentials Certificalion achieved March 2022
thi8 nationally
re¢ognised certification examines all aspects of cyber security prdcbce and
Compliance
rhe one off payment
AUKS would have to
make to exil the defined
benefit pension scheme
coukl cause financial
challen
es
Social Prescribing Service
transferring lo PCNS as 'in
house, service - process
of transfer could impact
reputation and staff
engagement
Monthly def￿1t payments being made to manage the pension liability- These
payments are reviewed every 3 years {the actuarial valuation}. Annual
monitoring of changes in buy out liabilily at 30th September. We are notified
of the updated valualion every July.
Strategy ¢ontinues to be lo pay the monthly deficit payments
Noltficatlon received Dec 2021 of the intention of Sutton's Primary Care
networks to take the highly succ8ssfvJl service 'in house, for consolidation
purposes.
AGIIons lo date: Sought legal advice ré.. employmenl matters including TUPE
Mel with affected staff and arranged monthly update meetings to manage
anxieties and manage process from HR perspective
Regularfy meeting PCN represenlalives to progress transfer project
CommuniGaled to wider Chari
and Partners Communi
re.- decision
11

AGE UK SUThON
AND rrs SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
l¢ontd
Rlsk Management Iconld...
Risks
Mitigationg
Community Support
hallenges - demand for
our eore Community
Support service has
escalated significantly-
need oulslripping
resource
Deputy Director of Services analysing challenges and putting short term
miligalions in place
Team given tight direction and support r& case closure, triage, and practice
Team manager giving daily reports lo DDOS re progress on short term targets
Volunteer onboarding in progress and volunteer activity being developed
Wider staff leam assisting wlth reception cover lo reduce oporalional pressure
8usine88 Support Offlcer now in role and covering reception 8 hourslweek
Agreed that grant fundraising aclivty will focus on fully funding current
Community Support and enabling service staffing growLh, before Conducting
rant fLtndraisin
for new activi
Review of risk profile of investments takes placg annually, and more frequendy
rf required
Forecasting takes into account lalesl valuation
FRA committee monitors portFolio value and long term impact
We bear in mind Ihal inv8slmenls are longer term and that portfolio values do
go up and down, but th8 long term trend tends to be growth
Ensure that there is a margin of reserves lo remain within reserve policy levels,
should ortFolio value dro
due to
IDbal events elc
Monitoring of inflation and its specific impact on local older people
Reviewing lease arrangements and operating costs lo identty any savings I
ensure sufficient funds are budga18d
Monitoring local pay and terms to remain competitive as an employer
Age UK Sutton is a member of Sutton's anli-poverty foNm and cost of 5iving
round table. workin
with artners lo $aek solutions and new fundin
Investment Portfolio value
may decrease or
increase, affecting overall
financial posrtion an
reserves level
InflatioTr leads lo rising
costs, both for clients,
generating greater need.
and for operating costs
including rent, materials,
and staff costs.
Statement of Trustees Responslbllitles
The Trustees {who are also D1￿clOr5 of Age UK Suttor) for the purposes of Compary lawl are reswnsible for
preparing the TnJslees' Report and the financial statements in aC￿rdance with applicable law and United
Kin￿OM Accounting Standards (United Kingdom Gener?Ily 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 affairs of the charitable ¢ompany and the group and of the incoming resources
and application of resources, including the income and expenditure. of the charitable group for th8 yoar. In
preparing lttesè financial statements, the Trustees are required to..
select suitable accounting poliGies and then apply thèm consisterttly-,
observe the methods and principles in the Charities SORP IFRS102) second edition,.
make judgements and estimates that are reasonable and prudent-,
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial 51atements',
parè financial statements orn the golng concern basis unless it is inappropriate to presume
that the charitable ¢ompany will continue in operalion.
The Board of Trustees is responsible for keeping adaquate accounting records that disclose with reasonable
ac¢ura¢y at any lime the financial position of the charitable company and to enable them to ensure that the
financial statements comply with the Companies Act 2006. The Board of Trustees is also responsible for
safegLtarding the assets of the charilabSe company and th& group and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
12

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
Iconld...
Disdosur? of infomiation to the audltors
We, th8 directors of the company who held office at the dale of approval of these Financial Statements as
sel otrt above each confirm, so far as we are aware. that:
there is no re16vanl audit irrformation of which the company's auditors are unaware.. and
we have taken all the steps that we ought lo have taken as directors in order lo make ourselves awa
of any relevant audit information and lo eslablish that the company's auditors are aware of that
informal￿n.
This report has been prepared in accordance with the special provisions of Part 15 of th8 Companies Act 2006
relating to small companies.
By Ofder of the Iruslees
Janel Samuel {Chairl
2022
4 aoJ-2-
13

AGE UK su￿ON
AND ITS SUBSIDIARY UNDERTAKING
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF AGE UK surroN
FOR THE YEAR ENDED 31 MARCH 2022
Opinion
We have audited the financial statements of Age UK Sutton Limwted (the 'charilable parent company'} for the
year ended 31 March 2022 which comprise Consolidated Statement of Financial Activities (including Income
and Expenditure AccA>unl), the Group and pa￿nt Charitsble Company Balance Sheets, the Group and Parent
Charitable Company Cash Flow Slalernenl and rK)tes lo the financial slalements, including a summary of
significant accounting policies. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdoffl Accounting Standards, including FRS 102 The Financial Reporting
Standard Applicable in the UK and Republic of Ireland, (United Kingéom Generally Accepted Accounting
Practice).
In our opinion the finan¢ial stalemenls=
give a true and fair view of the 51ale of the ryoup's arKI the charitable parent compaw's affairs as at
31 March 2022 and of the group's incoming resources and application of resources, including ils
income and expanditure, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted AccA)unling
Practice., and
have been prepared in accord8nce with the requirements of th& Companies Act 2006 and the
Charities Act 2011.
Basis for opinion
We conducted our audlt In accordance with International Standards on Auditing IUKI (ISAs{UKI) and
applicable law. Our responsibililies under those standards are further described in the Auditorfs
Responsibilities fDr th8 audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical ￿quirementS that are relevant lo our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other &thical
responsibilities in accordar)¢e with these requirements. We believe that the audit evklence we have obtained
Is sufficient and appropriate to provide a basis for our opinion_
Con¢lu$iong relating to golng concern
In auditing the financial slalements, we have concluded that the trustees, use of the going ¢on¢em basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or
conditions that, individually or collectlvely, may cast signtfi¢ant doubt on the charitable company's ability lo
continue as a going Goncern for a period of al least Iwelve months from when the financial statements are
authorised for issue.
Our responsibilities and the respon$ibililie$ of the trustees with respect lo going concem are described in the
relevant sections of this report.
Other infomiation
The other information Comprises the information included in the annual report. other than the financial
statements and our auditor's report Ihereon. The trustees are responslble forlhe other information. Our opinion
on the financial statements does not cover the otheT infomation and. except lo the extent otherwise explicitly
stated in our report, we do not express any fomi of assurance conduslon thereon.
In connection with our audit of the financial statements, our responsibility is lo read the other information and,
in doing so, consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtsined in Ihe audit or otherwise appears lo be materially misslate(l. If we identify such
material incon51Stencies or apparent malarial misstatements, we are required lo determine whether thero Is
14

AGE UK SUThON
AND ITS SUBSIDIARY UNOERTAKING
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF AGE UK surroN
FOR THE YEAR ENDED 31 MARCH 2022
material misstatement in the financial slalements or a material misslalement of the olher information. If, based
on the work we have performed, we conclude Ihal there is a material misslatemenl of this other information,
we are required to report that fact.
We have nothing to report in this regard.
Oplnlons on other matters prescrlbed by the Companlès Act 2006
In our opinion, based on the work undertaken in the course of the audit..
th6 infiJrwn8tion given in the trustees, annual report for the financial year for which the financial
statements are prepared is consistent with Ihe financial siatemenls: and
the tnjslees. annual report has been prepared in accordance with applicable legal requirements.
Matters on whlch wo are requlred to rèport by @xeeption
In the light of the knowledge and understanding of the group and parent charitable company and its
environwnenl obtsined in the course of the aijdit. we have not identifi8d material misslatements in Ihe trustees.
annual report.
We have nothing lo report in respect of the following matters where the Companies Act 2006 and the Charities
Act 2011 require us lo report lo you if, in our opinion".
the parent charitable company has not kept adequate and SUff￿18n1 arxounling records, or returns
adequate for our audit have not been received from branches not visited by us,. or
the parent charitable company's financial statements are not in agreementwilh the accounting records
an(J returns., or
certain disc105ures irf trustees, remuneration specified by law are not made,. or
we have not received all the information and explanallons we requlre for our audit- or
the trustees were nol elltilled to prepare the financial stalements in accordance with the small
companies regime and lake advantage of the small cownpanies exemption in preparing the Trustees,
Annual Report and ffom preparing a strategic report.
Re5pon5ibiliti85 of trustees
As explained more fully in the trustee5' responsibilities statement s8t out on page 12. the Injstees (who are
also the directors of the chartlable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view. and for such
internal control as the trustees determine is necessary lo enable the preparation of financial statements that
are free from tnaterial misslatemenl, whether due lo fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group arK5 parent
charitable company's ability to continue as a going concern, disclosing, as applicable. matters retated to going
concern and using the going concern basis of ￿COUntIng un18SS the Iruslees either intend lo liquidate the
group or parent charitable company or to cease operations. or have no realistic allernalive but to do so.
15

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF AGE UK SUTTON
FOR THE YEAR ENDED 31 MARCH 2022
Auditor's responsibilities for the audlt of tho financial statemonts
We have been appointed as auditor under the Companies Act 2006 and section 151 of the Charities Act 2011
and report in accordance with those Acts.
Our objectives are lo obtain reasonable assurance about whether the financial 5tatemellts as a whole are free
from material misstalemenl, whether due lo fraud or e￿Or, and to issue an auditorfs report that includes our
opinion. Reasonabbe assurance is a high lev81 of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always delecl a material mis5talement when il exists. Misstatements can arise
from fraud or error and are considered mat8rial rf, individually or in aggregate, they could reasonably be
expected lo influence the economic decisions of users taken on the ba515 of these financial ststements.
A further description of four responsibilities for the aLJdit of the financial statements is located on the Financial
ReF)Qrting Council's website al www.frc.or
.uklauditorsres
onsibilitie5. This deSCTiPtion forms part of our
auditor's report.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to del&cl material misslatemenls in respect of
irregularities, including fraud. The extent to which our pro¢edures are capable of detecting irregularilies,
induding fraud is detailed below.
Explanation a$ to what extent the audlt was considered capable of detecting irregularities. including
fraud
The objectives of our audil in respect Of fraud, are,. to identify and assess the risks of material misstatement
of the financial statements due to fraud,. lo obtain sufficianl appropriate audit evidence regarding the assessed
risks of material misstalernenl due lo fraud, through designing and implementing appropriate responses to
thos8 assessed risks,. and to respond appropriately to instances of fraud or suspecled fraud identified during
the audit. However. the priwnary responsibility for the prevention and detection of fraud rests wtth both
management and those charged with governance of the charitable company.
Our approach was as follows..
The 8ngagement partner seSecled staff for the audit who had appropriate knowledge and who had th8
required competence and skills lo idenlfy or recognise non-compliance with laws and regulations.
We assessed the risk of irregularities as part of our audit planning, and ongoing ￿vIeW, including those
due lo fraud, management override was iderlified as a significant fraud risk. This is due to the ability to
bypass controls through inappropriate expenditure and a¢wunting rK)licies adopted.
Completenes$ of grant income was deemed a signfficant risk. Additionally as some income recerved 15
reslri¢t¢d in ils use, a signrficant risk was identtfied regarding the cowecl classtficab'on of income
between restricted and unrestricted funds and that the expenditure against this income was in li￿ wrth
any special restrictions.
We obtained an understanding of the legal and regulatory requirements applicable lo the charitable
company and we considered the most significanl are Ihe Companies Act 2006, the Charities Act 2011,
the Charity SORP, and UK financia5 reporting standards as issued by the Financial Reporting Councll.
We considered how the charitable company and subsidiary entity Complles wlth these requirements by
discussions with management and those charged with governance.
16

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF AGE UK SUThON
FOR THE YEAR ENDED 31 MARCH 2022
We enquired of management and those charged with governance as to any know instances of non-
compliance or suspected non-compliance with laws and regulations. Consideration was also made of
the internal controls in place to mitigate the identified risks.
We assessed the control environment. documenting the systems, controls and pr(￿esseS adopted. The
audit approach incorporated a combination of controls where appropriate, analytical review and
substantive procedures involving tests of transactions and balances. Any irregularities noted were
discussed with management and additional corroborative evidence was obtained as required.
We obtained an understanding and assessed the impact and effect of Covid-19 on the operatsons of
the charitable Company and subsidiary and adapted our approach accoTdingly. We enquired and
obtained evidence to support the going concern assumption and reviewed grants received. dovetailed
with work undertaken on management override.
To add￿$$ the risk of fraud through management override we..
performed ana5ytical procedures to identify any unusual or unexpected relationships-
tested journal entries to identify any unusual transactions.,
tested a sample of grants to supporting documentation confirming income correctly accounted for,.
assessed whether judgements and a55umplion5 made in determining the accounting estsmates were
indicative of FK)tential bias-, and
reviewed the disclosures within the financial stalements to ensure they meet the requirements of the
a¢¢ounting standards and relevant legislation.
To add￿$$ the risk of completeness of income we:_
performed analytical procedures to identify any unusual or unexpected relationships. along with
compaTiSOll trj budget.,
tested a sample Df grants to supporting documentation confirming income correctly accounted for,.
reviewed donations and gifts received around the year end. ensuring cut-off correctly applied- and
agreed deferred income to supporting documentation.
To address the risk of classification of income between restricted and unre$tri¢led we..
agreed a sample of income recorded in the nominal ledger to source documentation to ensure any
restrictions were correctly identified,"
agreed a sample of expenses incurred lo ensure that they had been allocated to the correct fund., and
obtain8d and reviewed fund analysis workings to ensure that the cakulalions were correct and agreed
to the accounting records.
There are inherenl limitations in our audit procedures described above. The more removed the laws and
regulab.ons are from the financial stalemenls, the less likely it 15 thal we would become aware of non-
compliance. Auditing standards also limit the audit procedures required to identity non-compliance with laws
and regulations to enquiry of the directors and other management and the inspection of regulatory and legal
cortespondence, if any.
Material misstatements that arise due to fraud can be harder to detect that those that arise from error as they
may invofve deliberale concealment of oollusion.
17

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF AGE UK SUTTON
FOR THE YEAR ENDED 31 MARCH 2022
Uso of our report
This rep￿ is made solely lo the charitable CoMpan￿S members, as a body, in ￿c0rdan￿ with Chapter 3 of
Part 16 of the Companies Act 2006 and, in respect of the consolidated financial statements, to the charity's
tru5tee5, as a body, in accordance with Chapter 3 of Part 8 of the Charities Act 2011. Our audit work has been
undertaken so that we rnighl state to the charitable company's members and trustees those matters which we
are required lo state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by
law, we do not ac￿pt or assume responsibility lo any paty other than the charitable company, the charitable
company's members, as a body, and the charity's trustees, as a body, for our audit work, for this report, or for
the opinion we have fomied.
IS 2£)
Danielle Griffin (Senior Statutory Auditor)
for and on behalf of Moore (South) LLP, Statutory Auditor
Priory House
Sydenham Road
Guildford
GU13RX
Moore (South) LLP is eligible to act as auditor in terms of Section 1212 of the Companies Act 20C6.
18

AGE UK su￿ON
AND ITS SUBSIDIARY UNDERTAKING
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
(Including Income and Expenditure Accounti
Total funds
Notes Unr¢striGted Restrictad
funds
funds
2022
2021
Income
Donation and legacies
Income from charitable activities
Income from other trading activitias
Investment income
Other income- proceeds of sale of
fixed assets
82,652
836,828
1,000
496,580
83,652
1,333.408
25.663
1.282.768
915
4.922
4,438
4.438
4.800
Total Incomo
923,918
497.580
1.421.498
1.319.068
Expondllurè
Cost of raislng funds
Chariiable activltles
(Xher
71,090
834,010
25,944
71.09)
1.334.993
25.944
46.471
1.246.679
9.693
500.983
10
Total Expenditure
931,044
500,g83
1.432.027
1.302.843
Net unrealisedlrealised gains
on investments
2,658
2,658
54,377
Net (Outgoing)IlnGoming Rgsources
11
(4,468)
{3.403)
{7.871)
70,602
Remeasurement gainllloss) on
defined benefit Pension plan
Transfers
12.216
12.216
{846)
Not movament in funds
7.748
{3,403)
4,345
69,756
Raconclllatlon of funds
Total fvnds brought forward
486,552
27.320
513,872
444,116
Total funds Garrigd forward
494,300
23.917
518,217
513,872
The slalement of financial activities includes all gains and losses recognised In the year. All incoming
resources arKI resources expended derive from continuing aclivitles.
As permilled by the Slalemenl of Recommended Practice {FRS102). the parenl undertaking's own statement
of financial activities has not been included in these financial statetnents.
The gross income of the parent undertaking for the financial period was £1.421,498 {2021-. £1,241,414) and
the result for the period was a deficit of £5,261 (2021.. surplus of £70.408).
The notes on pages 23 10 43 fomi part of these financial stalements.

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
REGISTERED NUMBER 04175500
BALANCE SHEET AS AT 31 MARCH 2022
Registered Company number- 04175500
GROUP
2022
GROUP
2021
CHARITY
2022
HARITY
2021
Notgs
FIXED ASSETS
T8ngibl8 ass8ts
Investment in subsidiary
Investments
14
15
16
8,755
5,575
8,755
5.575
331.128
325,gT7
331.128
325.977
339,883
331,552
339,883
331,553
CURRENT ASSETS
Oeblors
Cash 91 bank and in hand
17
467.648
188,514
257,415
175,225
467.648
188,514
268.015
173,731
656,162
432,640
656.162
441,746
CREDITORS".
Amounts falling due wilhin
one year
18
IZ08.6791
1219,348)
(208.6791
1218,3451
NET CURRENT ASSETS
447.483
213,292
¢147.483
223,400
CREDITORS:
Amourrts falling due after one year
19
1262,7551
16,248)
(262.75SI
16,248)
Defined b•neflt pension liability
22
16,3941
(24,7241
16.3941
{24.724}
NET ASSETS
518.217
513,872
518.217
523,982
FUNDS
Unr8striGt8d
Restricted
23]24
2￿24
494.300
23.917
486,552
27.320
494,300
23.917
496.662
27,320
TOTAL FUNDS
518.217
513,872
518.217
523.982
For the year ended 31 March 2022 the COTNpany wa5 entitled to exemption from audit under section 477 of the
Companies Act 2006 relating to small companies bul as this ¢omp8ny is a charity. it is subject to audil under the
charities Act 2011.
Dir&ctors' raspon5ibilitseB:
Th8 m8mbers have not required th6 companyto obtsin an auditofits acwunts forthe year in quesb.on in accordance
wtth section 476.,
Th8 directors acknovdedge their res￿)n￿bIlItieS for complying the requirements of the Act with respect to
acrA)unting recnrds and th8 prepara￿n of account&
These financial slalements have been prepared in accordance with the Special provision relalng to companies
5ublecl lo the small cownpanies iegime.
The financial Statements were approvod and authorised for issue by the Board on .
Janet Samuel
Chair
The notes on pages 23 to 43 form part of these financial slaterllents.
20

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
STATEMENT OF CONSOLIDATED CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022
Notes
2022
2021
Cash flows frorn operating actlvltles
Net cash (used) I provided by
operating activities
27
18.792
(22,010)
Ca¥h flov￿ from investing aGtivltles
Interest received an(J dividends
Purchase of property, plant and
equiprnent
Proceeds from sale of property, plant
and equipment
Proceeds froln sale of investments
Purchase ol investments
4.438
4,922
(7.448)
(5,4581
4,800
117,383
(130.8771
70.607
{72.6461
Net cash (used in) financlng
adivities
(5.0491
(9.230)
ChaThJe in cash and cash equivalents
In the reporting period
13,743
(31,240)
Cash and cash equivalents al the
beginning of reportlng period
181.766
213,006
Cash and cash oqulval8nts at the
end of the reporting pariod
195.509
181,766
Cash al bank and in hand
Investments
188.514
6.995
175,225
6.541
195,509
181,766
21

AGE UK Su￿oN
AND ITS SUBSIDIARY UNDERTAKING
STATEMENT OF CHARITY CASH FLOW
FOR THE YEAR ENDED 31 MARCH 2022
Notos
2022
2021
Cash flows from operating actlvltles
Net cash provided by operating
activities
26
20,286
119,808)
Cash flows from Investlng actlvltles
Interest received and dividends
Purchase of propety, plant and
equipment
Proceeds from sale of property, plant
and equipment
PrO￿edS from sale of investments
Purchase of investments
4.438
4.922
17.4481
15,458}
4.800
117.383
1130.877}
70,607
172.646)
Net cash (used in) I provided by
financing activities
(5,049}
{9,230)
Change in ￿$h and cash equivalents
in the reporting period
1 S,237
(29.038)
Cash and cash equivalents al the
beginning of r8POrting period
180,272
209,310
Cash and cash equlvalents at the
end of the reportlng period
195,509
180,272
Cash at bank and In hand
Inv8stmeTrts
188,514
6.995
173,731
6.541
195,509
180,272
22

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
1 ACCOUNTING POLICIES
Basis of Pre
ardlion
Age UK Sutton is a charitable company, limiled by guarantee and has no share ￿pItal. In the event of
the charity beirkg wound up, the liability in respect of the guarantee is limited to £1 per member. The
company is incorporated in England & Wales. The regislered address is Sullon Gale, 1 Carshalton Road,
Sutton SM1 4LE.
The nature of the charity's operations and principal actlvities are to promote the wellbeing of older people.
The charity constilules a publ￿ benefit entity as defined by FRS 102.
The finanual statements have been prepared In accordance with Accounting & Reporting by Charilies:
Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019.
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102),
the Charities Acl 2011, and the Companies Act 2006 and UK Generally Accepted Accounting Pfaclice.
The fsnancial statements have been prepared on the going concern basis, under the historical cost
convention, modified to include certain item5 al fair value.
The financial slalements are prepared in sterling which is the functiollal currency of the charity and have
been rounded to the nearest pound.
b. Goin
Concern
The financial statements have bèen prepared on a going concern basis as the tnjstees believe that no
material u[￿ertaIntieS exsst. The trustees have considered Ihe level of funds held and expected income
and expenditure for 12 months froTn authori5ing these financial statements. The budgeted income and
expendilure is sufficient with the level of re5erve5 for the charity lo be able lo continue as a going concern.
c. G
Financial Statements
Consolidated Financial Statements are prepared in respect of the company and its wholly owned
subsidiary Age UK Sutton Trading Limited and results afe consolidaled on a line by line basis. A separate
statement of Financial Aetivilies is not prepared as permitted by Section 408 the Companies Act 2006.
d. Ir￿lMIn
Resources
Donations and other voluntary income are ￿COgniSed when receivable by the charity.
Grants and contracts including those for purchase of fixed assets ar8 recognised in full in the year in
which they are receivable.
Legacies are accounted for al the earlier of..
the dale on which the charity is aware Ih2t probate has been granted.,
the estate has been finalised and notification has been made by executor{s} to the charity
that a distribution will be made-, or
when a dislribulion is made from the estate.
Receipt of a legacy, in whole or part. is only considered probable when the amount can be wneasured
r81iably and the charity has been notFFied of the executor's intention lo make a distribution. Where
legacies have been notified to the charity, or the charity is aware of the granting of probate, and criteria
for income recognition have not been met, then the legacy is treated as a contingent asset and
disclosed rf materlal.

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TOTHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ACCOUNTING POLICIES I contd...
d. Incomift
Resources Icontd...
Investment income is accounted for in the pellod in which the charity is entitled lo re￿ipl.
The income from user feas is recognised in the period lo which il rdales. Any income r¢eeived in
advance is treated a5 deferred incoTre.
Traéing income received for services provided is recognised in the year in which it is due.
The value of services provided by volunteers is not incorporated in the financial statements. Details of the
contribution of volunle&rs can be found in the Iruslees. annual report.
e. Resources Ex
ended
Expenditure is recognised on an accrual basis as a liability is inGurred and includes irreGoverable VAT.
Costs of raising fvnds comprise the costs associated with attrdGting volurrtary inGome and fundraising.
Charitable expendilure comprises those ￿51$ incurred by Ihe Charity ir) the delivery of ils activities and
services for older people.
Other expenditure represents those costs not falling into any other heading_
Allocation of Su
rt Costs
Costs are allocated lo the particular ￿tiVity where the costs relate directly tt) that activity- However. the
costs of overall direclton and administration on each aclivty, is ap￿tIoned on the basis of income
received or staff time whichever gives a reasonable assessment.
eferred Inc
Where the donor imposes conditions and this requires a level of p8rfomiance before entittement can be
obtained. the income is deferred until these conditions are fvlly mel or the fulfilmenl of these condition5 15
within th8 control of the charity and it is probable that they will be fulfilled.
ralin
Leases
Rental payable under operating leases are charged lo the Slalemenl of Financial Activities on a straighl
line basis over the lease term.
Pension Costs
ConlribLJtions to the group's defined contribution pension scheme are charged to the Statement of
Financial Activities in the year in whth they become payable. The assets of the scheme are held
separately from those of tha group in an independenuy administered fund.
ContributiQn5 lo Th9 Pensions Trusvs Growth Plan, a mulli-employer scheme ar8 charg8d lo the
Statement of Financial A¢tivitie$ in the year which they become payable and are accounted for in
accordarKe with FRS 102.
Taxation
The ¢haritable company is exempt from Corporation Tax on its charitable aGtNities.
k. Fixed Assets
l expenditure under £500 is treated as an expense in the period.
Expenditure on capital purchases is d8pr6ciated on a straight lille basis based on the experted useful life
of the item.
24

AGE UK SUThON
AND ITS SUBSIOIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ACCOUNTING POLICIES I conld...
k. Fixed Assets leonld...
Fixtures and fittings
Computer equipment
Vehides
25_00% straight line
33_33% straight line
- 25.00% straight line
Investment in Subsidia
The investment in subsidiary is staled al cost.
m. Invéstments
Investment5 are stated al market value and all gains and losses are taken to the Statement of Financial
Activities as they arise. Realised gains and losses on investments are calculated as the difference
belween proceeds of sale and cosl of purchase. Unrealised gains and losses are calculated as the
drfference between the market value and the year end and opening markel value {or purchase dale if
later). Realised and unrealised gains are not separated in the Statement of Financial AGlivilies.
Debtors
Trade and other debtors are recognised at the 5elllemenl amount due. Prepayments are valued at the
amount prepaid at the balance Sheet dale.
o. Cash at Bank and In Hand
Cash al bank and cash 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 amount.
p. Credilots
Trade and other cr8dilors are recognised when Ihe charity has present obligations resulting from past
events and can be measured or estimated reliably. Creditors are re(￿gnised al th8ir settlement amounts.
q. Financial Instruments
The charity only has financial assets and financial liabilit18s of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their Settlement valu8.
Unreslricled Funds
Unreslricled funds are donations and other incoming resources receiwable atKI income g8nerated lo fulfil
the objecls of the charity without further specified purpose and are available. as general funds, for us8 at
Ihe discretion of th8 trusl8es.
Desi
naled Funds
Designated funds are unreslricled funds assigned for a particular purpose by the boartj of Trustees. The
aim and purpose of the designaled funds are set out in the notes lo the accounls.
Restricted Funds
Reslricl8d funds are funds which are to be used in accordance with speGific reslriclK)ns imposed by
dOr￿r$. Expenditure that meets these criteria is charged lo the funds together wilh a fair allocation of
management and support cosls. The aim and purpose of the restricted funds are sel out in the notes lo
the accounts_
25

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ACCOUNTING POLICIES I conld...
Jud
ements and Estimates
In the appli&*ion of the company's accounting policies. the trustees are required lo make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and
other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and undertying assumptions a￿ revi8wed on an ongoing basis. Revisions to a￿OUntIng
estimates are recognised in the period which the estimate is revised where the revision aff8cls only that
period, or in the period of the revision and future periods where the revision affects b*)th current and future
periods.
The trustees believe there are no su¢h signrfi¢ant items.
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
Total
2022
Total
2021
Donations
Legacies
5.087
77,565
1,000
6,087
77.565
19,163
6,500
82,652
1,000
83,652
25,663
In 2021 £2,150 of donalh)ns and legacies wer8 restricted.
INCOME FROM CHARITABLE ACTIVITIES
Unrestrlcted Rgstricted
Funds
Funds
Totsl
2022
Total
2021
User Fees and Other Income
Help Al Home income
Consultancy fees
User fees and charges
Client shopping recharge income
280,536
280,538
28.300
5,456
60.669
185,312
13,200
11.287
77.374
28,300
5,456
60,669
285,992
88,969
374.961
277.173
Grar¢ls and Contracts {see Note 41
550.836
407,611
958.447 1,005.595
Totsl In¢omÈ from Charitable Activltias
836.828
496,580
1.333,408 1,282,768
In 2021 £538,749 of grants and contraGts were restrrcted and £77.374 of client shopping recharye income
was restrtcted.

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
GRANTS AND CONTRACTS
2022
Total
2021
Total
Unrestricted Restricted
LB of Sutton'_ Advice Link Partnership Sutton
commission
LB of Sullon.
Emergency Funding Covid 19
Sullon CCG'_ Home from Hospital commission
Sutton CCG - Emergency Funding Covid 19
tton CCG- Social Prescribing MDT"
Sutton CCG- Social Prescribing PCN"
Age UK- Brand Partner payment
Age UK- Better Later Lives- Grant
Age UK- Trading Commission= Grant
Age UK - Warm Homes
Age UK - Covid Emergency
Age UK- London SRF
Cilizens Advice Sullon- AdviceLlnk Project
Imagitte IndeperMJellce- Sutton Uplift
comfflissio
City Bridge
ASDA Foundation- Welfare Grant
Mercers
CAF Resilience Fund
Independent Age (Nordlc Walking)
London Community Funders
The National Lollery
City of London- Wave 1 and 2
Goundworks
Neighbourty Community Fund
Mercers- Covid Emergency
Skiplon Building Society
Sutton Infrastructure
NHS Sutton- Winter Pressures
SW London & St Georges NHS Trust
LB SutLon- Dementia Peer Support
Guy's 8 St Thomas, NHS Foundation Trust
NHS Sutton CGG
Age UK- Emmanuel Hospital Foundation
Garfield Weston Foundation
National Lottery Community Fund -
Walks for Wellbeing
Sir Jules Thorn Charitable Trust
Arnold Clarke Fund
40,000
40.OQN)
46,0
228,375
62,612
86,388
225,000
43,393
105.000
131,463
15,000
46,000
228,375
71,729
10,000
168,341
240.070
10,000
32,000
7,605
1,362
32.000
7,605
1.362
9.380
37,539
20,000
56,048
10.000
50,584
10,000
50.584
38,000
38,000
12,083
38.000
28,750
600
25.030
28.766
12,500
34.221
18,478
16.748
500
400
5.000
2,280
2.500
12.083
35.417
4,271
35,417
4.271
3,080
3,080
2.500
2,500
18,500
64,000
24,742
32,900
20,000
2,500
25.000
18,500
64,000
24,742
32,990
20,000
2,500
25.000
6.868
6,868
1,500
1,000
1,500
1.000
550,836
407.611
958.447 1.IY)5,595
' LB of Sutton- London Borough of Sutton.. CCG- Clinical Commissioning Group. MDT- Mulli-Disciplinwy
Team., PCN - Primary Care Neiwork..
All grants were expended for the wrpose for which they were intended.
27

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
GRANTS AND CONTRACTS I contd...
Included in 2021 were restricted grants and contracts of £xxx.
£86,000 of government grants were received12021 - £149,000). This was commission fundlng pald by
London Borough of SLJtton for delivery of contract8d Information and Advice services.
INCOME FROM OTHER TrADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
Total
2022
Total
2021
Other
915
In 2021 no income from other trading activities was restricted.
INVESTMENT INCOME
Unre$tricted Restrlcted
Total
Total
Funds
Funds
2022
2021
Dividends
Bank interest
4,429
4,429
4,912
10
4,438
4,438
4,922
In 2021 no investment income was reslri¢ted.
RAISING FUNDS
Unr8strlct8d Restricted
Funds
Fund8
Total
2022
Total
2021
Investment managers fees
Wages and salarles
Staff recruitment
Fundraising
General office expenses
1,937
58,755
1,937
58,755
2,545
34,809
2.524
7,816
2,524
7,816
2.094
7,023
71.090
71,090
46,471
In 2021 no expenses for raising fuThJs were restllcted.
28

AGE UK surroN
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
CHARITABLE EXPENDITURE
Unrestricted Restricted
Funds
Funds
Total
2022
Total
2021
Wage5 and salaTies
Staff related costs
Volunteer expenses
Rent & rates
Cleaning & utilities
Legal & professional fees
Communication & postage
General office expenses
Depreciation
Client shopping
Support costs (note 9)
566.660
58.407
1,733
31,391
67
402,465
33.127
71
969.125
91.534
1.804
31,391
67
902.373
52.655
487
36,018
2.065
9,000
23.761
34.246
17.682
25,771
4.267
17.682
26.854
4,261
60.669
131.600
1,083
60.669
3,568
77,374
108.700
128,032
834.010
500.983 1.334.993 1,246,679
In 2021 £591.125 of charitable expenditur8 was restr"tcted.
SUPPORT COSTS
Charltable
Expendlture
Total
2022
Wages and salaries
Staff related costs
Communications
Rent & rates
Cleaning & utilities
Other
Depreclatlon
88,779
10,646
8,606
13.558
13041
8.896
1.419
88,779
10,t346
8,606
13,5S8
13041
8.896
1.419
131.600
131.600
All support (x)sts are deemed lo relate wholly to charitable exp8nditure.
29

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
10 OTHER COSTS
Unrestricted
Funds
Restricted
Funds
2022
2021
Audit fee
Accountancy
Accovntancy under accrued last year
Trustees expenses l AGM
Tmstee recruitment l training
Pension interest
11.700
1,033
2,g40
3,764
6,364
143
11,700
1,033
2,940
3,764
6,364
143
7,500
1,000
84
452
657
25,944
25,944
9,693
In 2021 no other costs were reslricled.
These costs are deemed to ￿ the governance costs of the group.
11 NET INCOMING RESOURCES FOR THE YEAR
Group and Charity
2022
2021
This Is Stated after charging..
Audit
Other services
Depreciation
8,820
3,000
4.268
7,500
1,084
2,401
12 TRUSTEES AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES
Trustees did not receive remuneration in the year for their services. During the year 3 Trustees12021
21 were reimbursèd expenses of £178 {2021 £1141 in respect of travel and subsistence. Al the year
end £Nil12021- £Nill was owed lo the trustees. The expenses claimed are in line with Memorandum
& ArtiGles.
Key management received total remuneral•)n of £200.631 {2021- £153,409).
Truslee Indemnity Insurance is included within the charity's overall insurance. During the year the charity
paid £4.81912021- £3,636) in respect of Insurance.
30

AGE UK su￿ON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
13 STAFF COSTS AND NUMBERS
Group and Charity
2022
2021
Aggregat& payroll costs were..
Wages and salaries
Social securtty cosls
Other pension costs
994,928
76.668
23,641
903,719
67.004
20,872
1,095.237
991,595
Parti¢ul?rs of employees:
The average number of fvll-lime equivalent staff employed by the charity during the financkql year
amounted to=
2022
2021
No.
Administrative staff
Management staff
Other
32.0
29.3
34.8
2022
2021
Employees e8rnlng over £60,000 ￿r annum
£60,000 - £69.999
14 FIXED ASSErs
Group and ChaTIty
Fixtur8s
And Fittings
Computer
Equlpment
Total
At 1 April 2021
Additions
2,826
6.000
7.448
8,826
7,448
At 31 March 2022
2.826
13,448
16,274
Depreciation
Al 1 April 2021
Charge for the year
1.548
707
1.703
3.561
3,251
4,268
Al 31 March 2022
2.255
5,264
7,519
Net book valuo
Al 31 March 2022
571
8,184
8,755
Al 31 March 2021
1.278
4,297
5,575
31

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
15 INVESTMENT IN SUBSIDIARY
Charity
Share in group
Undertakings
Cost
Al 1 April 2021
Impairment in year
Al 31 March 2022
The investment comprises a 1000/0 owned subsidiary undertaking. Age UK Sutton Trading Limited which
15 registered in Engla[￿, Compar)y No. 07533799. The principal activity of Age UK Sutton Trading is
limited to provision of sales of products and a gardening seNi¢e to older people. The nel loss of Age UK
Sullon Trading Limited for the year ended 31 March 2022 was £1,51312021- £6501.
The company have applied to be struck off ané the investment has been impaired in the year.
The aggregatè share capital and reserves at the year end amounted to £111,619) {2021- £110,10611.
16 INVESTMENTS
Group and Charlty
2022
2021
Market value as at 1 April 2021
Additions
Disposals
Change in market value
319,436
72,646
(70,6071
2.658
251,565
130,877
{117,3831
54,377
324.133
319,436
Cash available to invest
6.995
6,541
Closing valuation
331,128
325,977
Market
Valuo
2022
Markat
Value
2021
Quoted investments
Bonds
Equities
Global Investments
Open Ended Collectives
Property
Other
Cash
74,648
70,706
139.348
23.647
12,042
3,742
6,995
74,715
71,428
121,277
32.204
8.767
11,045
6.541
331,128
325,977
32

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16 INVESTMENTS I contd...
The followlng Investments account for more than 5% of the listed inveslmenls-.
2022
2021
Findlay Park FDS
Link Fund Sol Ltd Trolan Income
5.24Yo
5.01Y.
5.57Yo
17 DEBTORS
Group
2022
Group
2021
Charity
2022
Charity
2021
Amounts falllng due within one year.
Trade debtors
Grants and directly charged services
Prepayments
Amounls due from Group undertakings
55,488
145,477
3,928
64.584
183.804
2.779
55.488
145.477
3.928
64,584
183.804
2.779
10,600
204.893
251,167
204.893
261,767
Afflounts falling du8 after more than
one year.
Grants and direGtly Gharged services
262,755
6,248
262.755
6.248
467.648
257.415
467,648
268.015
In January 2022 the tharity were noirfied ofa 3 year grant for a new project starting on 1 April 20Z2. The
full amount of the grant has been included as debtors. split between due within one year and due after
one year. Corresponding amounts hav8 be8n shown in deferred income in creditors.
18 CREDITORS: Amounts falling due within one yoar
Group
2022
Group
2021
Chartty
2022
Charlty
2021
Trade creditors
Deferred Income
Other creditors
Accruals
26.201
170.205
(7291
13,002
11.122
159.776
4.943
43.507
26.201
170.205
(729)
13.002
11.122
159.776
4.943
42.504
208,679
219.348
208.679
218.345

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
19 CREDITORS: Amounts falling due after one year
Group
2022
Group
2021
Charity
2022
Charity
2021
DeferT8d incorne
262.755
6,248
262.755
6.248
20 DEFERRED INCOME
The movement in deforred income is as follows..
Group
2022
Group
2021
Charity
2022
Charity
2021
Balance at 1 April 2021
Amounts deferred in the period
Amount released to incoming resources
159,776
232,493
426,712
159.776
1153,528) {232,493}
159,776
426,712
1153,528)
232,493
159,776
{232,4931
Balance at 31 March 2022
432,960
159,776
432,960
159,776
21 PENSION AND OTHER POST-REfiREMENT BENEFIT COMMITMENTS
Group and Charity
2022
2021
Defirned Contribution
Contributions payable by the charity in the period
23,641
20,872
Multi-Employer Pension Plan
Contributions payable by the ¢harity in the period
for defined berbefit p8nsioll defi¢it
6,257
6,074
29,899
26,946
Contributions of £6.394 (2021- £4,840) were payable lo pension sthemes at the balance sheet date.

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
22 PENSION SCHEME AND OTHER POST- RETIREMENT BENEFITS
The company participates in the scheme. a multl-employer scheme which provides benefits lo some 638 non-
associated participating employers. The scheme is a defined benefit scheme in Ihe UK. It is not possible for
the company lo obtsin sufficienl information lo enable il lo account for the scheme as a defined benefit
scheme. Therefore il accounts for the scheffle as a defined contribution scheme.
The scheme is subject lo the funding legislation outlined in Ihe Pensions Act 2004 which came into force on
30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial
Standards issued by the Financial Reporting CounGil. set out the framework for funding defined benefit
occupational pension schames in the UK.
The scheme is classified as a 'last-man standing arrangement,. Therefore the company is potentially liable for
other participating employers. obligations if those employer5 are unable to meet Iheir share of the scheme
deficit following withdrawal from the scheme. Participating employers are legally required to meet their share
of the scheme defKil on an annuity purchase basis on wrthdrawal from the scheme.
A full aciuarial valuation for the scheme wa5 carried out al 30 September 2020. This valuation showed assets
of £81)0.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Tnjslee has
asked the participating employers to pay additional contributions lo the scheme as follows-
Deficrt contributions
From 1 April 2022 to 31 Jartuary 2025..
£3,312,000 per annum
{payable monthly)
Unless a concession has been agreed with the Trustee the term lo 31 January 2025 applies.
Note that the scheme's previous valuation was carried out ￿th an effective date of 30 September 2017. Th
valuatKJn showed assets of £794.9m, liabilities of £926.4m and a d8ficil of £131.5m. To eliminate this funding
shortfall, Ihe Trustee has asked Ihe participating ernployers lo pay additional contributions to the scheme as
follows..
Dèficit ¢ontributions
From 1 April 2019 to 30 September 2025..
£11.243.000 per annum
(payable monlhty and it￿￿aS1n9 by 3°/0 each on 1 st April)
The recovery plan contributions are allocated io eaGh participating employer in line wilh their estimated share
of the Series 1 and Series 2 schewne liabilities.
Where the scheme is in defiGit and where the compar)y has agreed to a deficil fundlng arran9ement the
company recognises a liability for this obligation. The amount recognised is the nel present value of the deficlt
reduction contributions payable Under the agreement that relates lo the deficit. The present value is c81culated
using Ihe discount rate detailed in these disclosures. The unwinding of th8 discount rate Is recognised as a
rinance cost.
PRESENT VALUES OF PROVISION
31 March 2022
(£s)
31 March 2021
l£sl
24.724
31 March 2020
l£sl
Present value of provision
e,394
29.295

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
22 PENSION SCHEME AND OTHER POST. REfiREMENT BENEFITS I conté...
RECONCILIATION OF OPENING AND CLOSING PROVISIONS
Period Ending
31 March 2022
l£s)
Pgriod Ending
31 March 2021
l£s}
Provision at start of period
24,724
29.295
Unwinding of the discount factor {inlerest expense)
143
657
Defi¢it ¢onlribution paid
16,257)
(6.0741
Remeasurements _ impact of any change ill assumptions
11471
Remeasurements - arnerKlmenl$ to the contribution schedule
112,0691
Provision at end of period
6,394
24,724
INCOME AND EXPENDITURE IMPACT
Period Ending
31 March 2022
{£sl
Period Ending
31 March 2021
l£sl
Interest experKse
143
657
Remeasurements- impact of any change in assumptions
11471
Remeasurements- atnendments lo the contribution schedule
(12,0691
Costs recognised in income and expenditure account
ASSUMPTIONS
31 March 2022
Yo per annum
31 March 2021
Okn por allnum
31 March 2020
/0 per annum
Rate of discount
2.3S
2.53
The discount rates shown above are the equivalent single dis¢ounl rates which, when used lo discount the
future recovery plan Contributions due, wwld gNe the same results as using a full AA corporate bond yield
¢urve to discount the same recovery plan contributions.

AGE UK SUThON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
22 PENSION SCHEME AND OTHER POST- RETIREMENT BENEFITS Iconld...
The followTng schedule details the deficit contributions agreed b@￿een the company and the scheme al each
year end period..
DEFICIT CONTRIBUTIONS SCHEDULE
Year ending
31 March 2022
{£s)
31 March 2021
l£sl
31 March 2020
(£s)
Year 1
2.330
2.330
1.941
6.257
6,444
6,638
5,697
6,074
6,257
6,444
6.638
5,697
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year10
Year11
Year 12
Year13
Year 14
Year15
Year 16
Year17
Year 18
Year 19
Year 20
The company must recognise a liability meaSU￿d as the present value of the contributions payable that arise
from the deficit recovery agreement and the resulting expense in the income and expenditure account i.e.
the unwlndlng of the discounl rate as a finance cost in the period in which it arises.
It is these contributions that have been used to dertve the companys balance sheet liability.
37

AGE UK surroN
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
23 ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS
Unrestrictsd
Funds
R&strictsd
Funds
Total
Funds
Fixed assets
Current assets
Long temi assets
Current liabilities
Long term liabilities
Pension Liability
339,883
226,090
339,883
393.407
262,755
1208,679)
(262,755)
16,394)
16T,317
262,755
{143,400)
1262,7551
165,279)
16,394)
Nel assets at 31 March 2022
494.300
23,917
518,217
Analysis of group net assets between funds for the year ended 31 March 2021
Unrestricted
Funds
Restrlcted
Funds
Totsl
Funds
Fixed assets
Current assets
Long tarm asset5
Current liabilities
Long term liabilities
Pension Liability
331,552
253,CN)8
331,553
426,392
6,248
{219,348)
{6,248)
(24,728)
173,384
6,248
1146,0651
16.248)
{73,2831
(24,724)
Net asset5 al 31 March 2021
486.552
27,320
513.874

AGE UK Su￿oN
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
24
MOVEMENT IN FUNDS
Group and Charity
At 1 Aprll
2021
Incoming
Resources
Outgolng
Resour¢•$
31 March
2022
Transfer5
Unrestrlcted Funds
Pension Liability
90.OOD
90,000
Tot31 unreslricled fu￿8 exd. Pension
396.552
938,792
{931.044)
404.300
Totsl unrestricted funds
486.552
938,792
(931,0441
494.300
Movement in unrestri¢ted funds for Group and Charity the year ended 31 March 2021
Al 1 April
Incomlng
2020 Resou￿￿$
Outgoing
Rgsourc*5
31 March
2021
Transfers
Unrestricted Funds
Pension Liability
90.000
90.000
Total unrestricted funds excl. Pension
354.116
755.172
712.085
1651)
396.552
Total unrestricted funds
444.116
755.172
712.085
1651 }
486.552
Purpose of designated funds
Pension Liability- to meet the potèntial cost associated should the group need to buy-out th8 cost
associated with the defined benefit gcheme.
39

AGE UK surroN
AND ITS SU8SIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
24
MOVEMENT IN FUNDS I conld...
Group and Charlty
At 1 April In¢oming
Outgolng 31 March
2021
Resour¢ès Resources
2022
Restrfcted Funds
A￿lee Link
City Bridge
Sullon ICBF
Better Lives
ASDA Foundation
Mercers Company
Warm Homes
Covid Emergency Funds
Skipton Building Society
The National Lollery
Independenl Age
Age UK London
Client Shopping
Social Prescribing
Garfield Weston
Age Friendly
Walks for W&llbeing
Age UK London Lollery & TAM
Emmanuel Hospital
Nordic Walking Sutton
50,584
12,083
2,500
32,000
500
35,417
1,362
46,000
150.5841
112,0831
(2,5001
132,0001
15001
(17.9901
{1,3621
(46,0001
17,427
1.332
1,332
3,080
(3,0801
(12.5001
(18,3301
160.6691
{168,3411
(25,000)
(28,3001
(7,3681
17,6051
{2,5001
(4,2711
12,500
13.488
10,000
$0,669
168,341
25,000
28,300
7,368
7,605
2,500
4.271
5.158
Total restricted fijnds
27,320
497,580
1500,9831
23.917
Total funds
513.872
1,445,072 11,432,027}
526,917
The purpose of the restricted funds is sel out below-.
Covid Emergency Funds- incluées funds from various gource8 tr) enable contlnuatlon of provlslon
of services 10 5UPPOrt clients through the Crisis.
Skipton Building Society- lo purchase tablets for dients to Use lo provide virtLJal book Glub.
Tre National Lottery- lo support befriending volunteers.
CAF Resilience Fund - lo support increase in demand for Community Supp(Kt service.
Independent Age- to support Age UK core resilience during Covid crisis.
Age UK London- to support a due diligence project.
Advi¢& on Ihe road- City Bridge - Mobile informallon and aévlce for older people across Sutton,
th a focus on reaching the most vulnerable and isolated members of the community.
Better Lives is a programme to tackle loneliness. induding assessment, methodology. goal satting,
signposling and outcome measuring.
Social Prescribing is a contract wilh NHS England lo provide Social Preseribing services to the
local Primary Care network. The restricted element of the conlract relates to specified Llnk Worker
posts diwlly reimbursed.
Advice Link- grant lo provid8 advic8 line for th8 older people.
Sutton Comwnunity Fund- inlra-structure grant.
Asda Foundation - for Silver Sunday.
Mercers Company- for development of Community Connectors service lo beller meet needs of
local community in Sutton.
Wam) Homes - lo continue to deliver advice around warm ￿MeS programme.
Garfteld Weston - for provisSon of care services.
40

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
24 MOVEMENT IN FUNDS Iconld...
Age Friendly- for engagemanl programme.
Walks for VVellbeing-
Age UK London Lottery & TAM - grant for contribulion lo services.
Emmanuel Hospital -
Nordic Walking Sutton - provision of exercise classes.
Client Shopping- repayment of tnonies from clients for shopping purchased for them.
Movfrment in rastrlcted funds for Group and Charity the year ond8d 31 March 2021
At 1 April
2020
Incomlng
Resourcgs
Outgoing
Resources
31 MarGh
2021
Restrlcted Funds
Transfers
ALPS
Advice Link
City Bridge
Sutton ICBF
Belter Lives
Sutton Community Fund
ASDA Foundation
Mercers
Warm Homes
Covid Emergency Funds
Skiplon Building Soctety
London Community Funders
Wave 3
The National Lollery
CAF Resilience Fund
Independent Age
Age UK London
Client Shopping
Social Prescribing
56,048
28,750
2,500
158,048)
{28,750)
(2,500)
900
25.030
9.380
191,817
2.280
1900)
125.681)
{9,380)
(191.817)
19481
651
1,332
34,221
18,478
28,766
12.500
20,000
77.374
110.229
{34,221)
118,4781
128,7661
12.51]0
13,488
16,512)
177,374)
(110.229)
Totsl reslricted funds
618.273
(591.6041
651
27.320
Total funds
444,115
1,319,068 {1.302.843}
513.872
25 FINANCIAL OBLIGATIONS
Operating lease payments represent rentals payable by the Group and Charity. Al the reporting end dale
the company had outstanding commitments for future minimum lease payments undor non-cancellable
operating leases. which fall due 29 follows.. -
Group and Charlty
Land and Buildings
2022
2021
Less than one year
Be￿een hvo and five years
8.750
35.000
8.750
41

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
26 CONTROL
There are no controlling parties.
27 RECONCILIATION OF CONSOLIDATED NET INCOME I (EXPENDITURE) TO NET CASH FLOW
FROM OPERATING ACTIVITIES
2022
2021
Not Income for the reportlng perlod
Adjustments for..
Depreciation charges
IGainslAosses on investments
Gain on sale of fixed assets
Dividends and interest from investments and bank
{Increaselldecrea5e in debtors
Increaselldecrease} in creditors
Movement in provisions
4,345
89,756
4,268
12,6581
2,401
154,377)
(4.800)
(4,922)
10,056
{35,553)
(4,571)
14,4381
1210,2331
245,838
118,3301
Net cash provlded by operatlng actlvitles
18.792
{22,010)
28 RECONCILIATION OF CHARITY NET INCOME I (EXPENDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2022
2021
Net income for the reporting period
Adjustments for..
Depreciation charges
Imp2irment of investments
Profit on disposal of fixed assets
(Gainsylosses on investmenls
DNidends and interesl frorn investment5 and bank
(Increaseydecrease in debtors
lnc￿aSe1{deCreasel in creditors
Movement in provisions
15,7651
70.406
4,268
2,401
(4.8001
(54.3771
(4,9221
11,410
(35,3551
14,5711
12,658)
14,438)
{199,633}
246,841
{18,33Q)
Net eash provided by operating activltles
20.286
(19,8081
42

AGE UK SUTTON
AND ITS SUBSIDIARY UNDERTAKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
29 FINANCIAL INSTRUMENTS
The carrying amounts of the charity's financial instruments are as follows..
Group
2022
Group
2021
harity
2022
Charlty
2021
Financial assets
Debt instruments measure(l al
amortised costs
Equity inslrumellts measured al
ost le55 impairment
250,997
246.350
250,997
246.350
324,133
319.436
324,133
319.436
Financial Liabilities
Financial liabililies measured at
amortised ￿st
38.474
59.572
38,474
58.569
43

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