Registered charity number 1086323 Company number 04146487
Age UK West Sussex, Brighton and Hove
Let’s change how we age
Trustees Annual Report and Accounts 2024 - 2025
Contents Welcome From our ChairoFTrustees Ouryearin numbers Our aims and objeclive5 Changing lives every day Achievements and performance Our services Structure & governance 10 Financial review 13 Future plans 15 Auditors 17 Audited Accounts 18
I ve been on myownfor35years, since my wife died. When a friend recommendedAge UK WSBH to me. I thought I d give it a try. I've ended up coming three days a week. I'm not really a chatty sort ofperson, but I do lookforward to coming to the centre. Has it changed my life? Yes, it has...I don't quite know what I d do without it now."
Trustees Annual Report, pages 1-17
Welcome from our Chair of Trustees EO
Proud to be ‘changing how we age’
I’m delighted to introduce this year’s Annual Report, my first as Chair of Trustees for Age UK West Sussex, Brighton & Hove. It’s been a real privilege to step into this role, alongside several new Trustees who have brought fresh energy, insight and expertise to our Board. We’re united in our enthusiasm for the future and we’re all hugely grateful to the outgoing Trustees whose guidance and dedication helped lay the foundations for so much of what we’ve achieved.
This year has felt like a turning point for the charity. We refreshed not just our Board, but our sense of purpose, captured in our bold new strapline: "Let’s Change How We Age." It reflects our commitment to challenging outdated attitudes, tackling inequalities and supporting people to live well in later life, whatever challenges they face. From poverty and ill health to loneliness and ageism, we’ve continued to be there when it matters most.
Each number in this report tells a story. We supported over 12,000 people directly this year and reached thousands more through strong local partnerships. Behind those numbers are individuals who felt warmer in winter, less alone, more financially secure and better able to live independently.
As well as working hard behind the scenes to increase income sources and ensure future stability, we’ve also introduced new services to meet growing and changing needs. This year we launched a dementia clinic and careat-home services, helping individuals and families navigate tough times, knowing we are experts they can turn to for compassion, care and confidence. We also opened a vibrant new hub in the heart of Brighton in October, allowing people to drop in for easy access to information, face-to-face advice and a listening ear.
Our feedback suggests that our support can be life changing, or even lifesaving. I want to thank everyone who has contributed to that. Every volunteer, supporter, staff member and partner is an important part of our team, each increasing our impact and helping older people live the lives they choose. We’re not just responding to need, we’re helping to reshape what later life can look like.
On behalf of the Trustees, I want to thank you for your support and I look forward to all we can achieve in the months and years ahead.
At a time when so many are struggling, our work to support those in hardship has been critical. Our team’s commitment to helping older people access the support they deserve means we managed to unlock more than £4.4 million in benefits, grants and discounts, easing financial pressures for those who may otherwise have suffered in silence.
Ali Mohammed Chair of Trustees Age UK West Sussex, Brighton & Hove.
1 O
Ouryear in numbers 12,000 £4.4m We directly supported over 12,000 older people locally and thousands more through Fantastic local partnerships. We put a combined total OF over £4.4 million into the pockets of olderpeople, by helping them access beneFIl5. grants and discounts. 99% 2,300 99% OF people we surveyed said Iheywould recommend our services. Over 2.300 people accessed our club5 and centres. 510 people used our gym to stay active. £5,616 1,365 One of our cltents now receives £5,616 a year extra income. due lo our intervention. We gave practical help to 1,365 people worried about staying warm in winter- smashing our target by more than a third.
Our aims and objectives Our mission To be the 'go-to' for expert guidance and support. helping people as they age, their family, friends and carers. Ourvision Through delivering our mission wewant to change how we age. Ourvalues We introduced our new organisationalVIP values in April 2025. We made them meaningFul by checking they aligned with our people's personal value5. We easy to remember and can be reflected in everything we do. Everyone. regardless of their role or background, deserves to feel respected and irnportanL We encourage appreciation and recognition For each other and the peopLe we senie. Included We want to ensure everyone Feels heard. welcome and part of the community. We ernbrace diversity and create a space where people belong. Passionate Passion is the energy and commitmentwe bring to everything we do. We are driven to make a positive and meaningful difference. We have worked with our people to embed ourvalues. Whetheryou are acustomer. partner or colleague our airn is to make you Feel like a VIP.
Changing lives every day At Age UKWSBH we aim to 'change how we age. by tackling issues Like poverly. ageism and loneliness. Our priorities are ensuring that people remain healthy, independent. informed and connected. People are: Healthy Our goals Promote health. weubeing and selF-care Perso[lISe support From prevention to crts Collaborate acr055 agencies to improve outcomes Larry, aged 75, said After a lifetime ofback and hip problems and more recently COPD, I was using a wheelchair regularly. I wos opprehensive about joining the gym atfwst, but my concerns were completely unfounded My mobility, bolance and strength hove improved dramatically and I feel more confident about thefuture. I con't thonk the teiun enough." People are: I Independent Our goals Encourage take up oFwhal we ofFer OFFer practical help, close to home and at home Build age-friendly communities with partner5 Jane said "The Help at Home Service has tronsformed my lrfel I've got a lovely lady who comes to do the housework. who is thomugh and trustworthy. I m really comfortable with her."
Changing lives every day People are: InFormed Ourgoals InForrn, advise and gu(de OFFer learning opportunities and skills development Raise awareness oFour organisation and others When asked For ftedl>acLJohn said our stafF memberwas "Patient and informative. Ifelt heard. seen and listened to." People are: Connected Ourgoals Offer social. cultural and cornmunity activities Prornote and enable the use of digttal tools Improve and widen access to what we offer Sue said -1 love corning to the Laburnum Centre. everyone is sofriendly, there are 50 mony closses to go to, with o coffee (d a chat after. The gym is greaLI I would be10st without this."
Achievements and perFormance Key achievement5: Our client contacts have increased by over 16.000 this year- we're oFFering people more intensive support and assisting with more complex issue5. We opened a brand new. Face-tO-f Spa in the heart OF Brighton. The Brighton hub provides a one-stop venue forpeople to get inFormation and advice on everything from ffftances and Fitness. to scams and sociali5ing. Cost-oF-living support is a top priority and we ofFer beneFits checks and warm homes advice. The hub provides an information leaflet library. oFfers workshops on key issues like Financial planning and can help people get online. so they can digitally shop, bankor connect. We supported those in poverty, putting a combined total oFover 4.4 million into the pockets OF older people. by helping them access beneFIts. grants and discounts. We began work on a brand-new membership platform, to allow us to understand oui members better and oFFer them additional information, advtce and services. We exceeded our taryet on winter warmth. giving practical help to 1.365 people and smashing our target by more than a third. We opened brand-new services, oFFering dementia assessments and care-at-home options For those in need. We undertook a rebrand. vowing to 'change howwe age. by tackling ill health. poverty. ageism and loneliness.
Our services InFormation & Advice We ofFer free, confidential information and advice Servi lo people over 50. their Families and carers. Our expert advisors tackle issues Like poverty, ill health and loneliness by covering a huge range of topics including welFare beneFIts, housing needs. leisure and social activities. winter warmth. care planning and advice For carers. Trained advisors are available Face-to-Face. over the phone orvia email and during this period we received 3.462 reFerrals, dealing with a wide variety OF topics. One area oFexpertise is welfare benefits. This year, the team helped older people access more than £4.4 miLlion in beneFits, tackling poverty by putting more money in the pockets of those who need it the most. Top 5 referral reasons.. 1: Loneliness and social isolation 2", Practical support 3: Discharge From hospital 4: Benefits checks 5: Health services Customer feedback regarding our InFormation & Advice Service is excellent. with many Feeling incredibly relieved after receiving our help: "A huge thankyouforgiving me my life back. I've got £227 a month towards my rent and £900 backpoy. I've also got my blue badge coming, all thanks toyou. I can't thankyou enoughl" Independent Living We oFFer seNices to take key tasks off people's hands. allowing them to remain independent and continue living at home Foras long as possible. Ourlndependenl Living team incorporates the Help at Home service. Homevtsiting and a Gardening service. Help at Home supports with general domestic cleaning. but also laundry. bed making and changing. basic Food preparation, dog walking. shopping and collecting prescriptions. Gardening keeps gardens OF all sizes. neat, tidy and weed free. allowing people a pleasant space to relax and get Fresh air. Home Visiting provides support and companionship to those Feeling isolated and alone. Almost 1.500 people used our Help at Home service this yearwith nearly 550 turning to us For gardening support.
One ofthe Independent Living Team summed upwhat the work meant to them". ' For me it's a very rewarding job. You're helping people and sometimes you're the only person they've seen all week. You bring a little joy with each visit and that makes me so hoppy." Dementia & Extra Gve Our dementia services oFFera range of activities and support For people living with dementia and theircarers. We run daytime sessions Focused on meaningful, Stimulating experiences that build conFidence and encourage social interaction. These sessions also provide valuable respite Forcarers. We host peergroups and work closelywith those who are newly dtagnosed or living with early onsei dementia to ensure their needs are met. Currenily. over 260 people beneFIt From these services. along with 173 registered carers who access respite and weLLbeing programmes. Our new dementia clinic, in association with not-For-proFit organisation Here, can offer paid for dementia assessments at a fair price, ensuring accessible help. expert diagnosis and personalised care. ReFerrals can come From GPS. Families or the individuals themselves. Finally in this team. our Care ai Home service offers assistan with washing. dressing and personal care, help with medication and reminders. car SPite visits. ad hoc support with travel to cornmunity activities and hospital appointments. light meal preparation and assistance with daily admin tasks such as organising paperwork. managing bills and posting Letters. Our dementia support services can have a significant impact From the very first visiL "My husband came backfrom hisfirst session really enthusiastic- o different man."
In our comrnunltles (localitles and integrated health) Ourcentres and community spaces acrossWesL Sussex. Brighton & Hove offer awarrn and welcoming place Forolder people to gather-giving the opportunity to meet new people For Fun. friendship and Fitness. We have centres in Bognor Regis. Hayward5 Heath. Burgess Hill and Horsham. In addition. our brand-new hub in central Brighton allows us to oFFerface-to-face advice and support to anyone who drops in. Over 2300 people visited our centS this year. to help them remain healthy. independenL inFormed and connected. "It's the best place ever- I'm excited to visit the centre each week. The staff and volunteers help everybody." We're proud oFour specialist gym at the Laburnum centre in Bognor Regis, which can support customers ofall ages and abilities. Our equipment can be adapted forusewith wheelchairs and our team are experts in providing rehab after illness or injury. They also heLp people work around any health chaLLenges or physical Limitations. "It's such a great place to keepfit. I don't believeyou'llfind anywhere else where people look happier. while they're building theirstrength and stamina. Iloveitl" "Feeltnglonely? Not anymore" We also have a dedicated team of community link workers and social prescribers who work with people at home, orout and abouL They tackle ill health prevention, connect them with groups and clubs they might enjoy and ensure they have the support they need with issues like housing, finances orloneliness, working to make thern healthierand happier.
Structure & governance Age UK West Sussex. Brighton and Hove is a charitable company limited by guarantee, incorporated in England and Wales on 23January 2001 and registered with the Charity Commission on 26 April 2001. In the event ofthe charitable company being wound up member5 are required to contribute an amount not exceeding £1. The governing document OF the organi5ation 15 its Articles of Association. Age UKWest Sussex, Brighton & Hove is a collection oFcharitable mergers From within the Age UK network locally with the legacy organisattons being more than 67 years old. The charity is established to: Promote and develop servi5 For older people in any mannerwhich now or hereaFter may be deemed by law to be charitable in and round West Sussexorsuch otherareas as the trustees shall determine From time to time (for the avoidance OF doubt this shall include the area5 OF Portslade, Brighton and Hove) (hereinaFter called "the area of benePLt"). Provide or assist in the provision oFfacilities in the inte$t ofsocialwelfare for recreation, community participation or otherleisure time occupation of individuals who have use OF such faciLities by reason of their age. infirmity or disability. Financial hardship. or social circumstances with the object ofimproving conditions oFliFe in the community at large. The oversight OF the charity is the responsibility oFthe trustees who are elected and co-opted under the terms of the Articles oFAssociation. None oFthe trustees have any beneFicial interest in the company. All the Trustees are members of the charitable company and guarantee to contribute £1 in the event of winding up. Charities exist to fulFil their charitable purposes. The trustees recognise their responsibility to strategically understand the environment in which the charity is operating and to lead the charity in fulftLling its purposes as eFFectively as possible with the resources available. The Board's core roLe is a focus on strategy, perftirmance and assurance. The Board has a shared understanding oFand comrnitment to the chariws purposes and demonstrates that the charity is eFfective in achieving its charitable purposes and agreed outcomes. The Board also provides strategic leadership in line with the charity's aims and values. Strong and efFective leadership helps the charity adopt an appropriate strategy for eFFectively delivering its aims. It sets the tone For the charity. including itsvision. values and reputation. The Board and trustees individually accept collective responstbility for ensuring that the charity has a clear and relevant set oFairns and an appropriate strategy For achieving them.
The Board agrees to the charity's vision, values andreputation and leads by example. requiring anyone representing the charity to reflect its values positively. The Board makes sure that the charity's value5 are reFlected in all its work and that the ethos and culture OF the organisation underpin the delivery of all activities. The Board and individual Lru5Lees take collective responsibility For its decisions.The chair provides leadership to the Board with prime responsibility For ensuring it has agreed priorities. appropriate structures. processes and a productive culture and has trustees and senior 5tafFwho are able to govern well and add vaLue to the charity. The CEO is the most senior mernberoFstaff and is delegated full responsibility From the board to run the organisation on a day-to-day basis.The board makes sure that there are proper arrangements For Lheir appointment. support. MuneratiOn and. IF necessary. dismissaL The board's Functions are Foirnally recorded. The are role descriptions defining responsibilities for all trustees that diFFerentiate clearly those oFthe chair and other officer positions and outline how these roles relate to staFF. IF the board decides to utIle the subsidiary company, it is always clear about the rationale, benefits and risks ofthese arrangements. The Formal reLationship between the parent charity and each of its subsidiaries is clearly recorded and the parent ViewS. at appropriale inteNals. whether these arrangement5 conlinue to best serve the organisation's chariiabLe purpose5. The board recognises, respects and welcomes diverse. different and at times conflicting trustee views and ensures il creates a value5 drkven inclusive organisation. The board provides oversight and direction to the charity and provides support and constructive challenges to the organisation through the CEO. All trustees give suFFicient time to the charity to carry out their responsibilities effectively. This include5 preparing for meetings and sitting on board committees and other governance bodies where needed. The expected time commitment is made clear to trustees before nomination or appointment and again on acPtance oFnomination orappointment. Where individual board rnembers are also involved in operational activities. ft)r example as voLunteers. they are clear about the capacity in which they are acting at any given time and understand what they are and are not authorised to do and to whorn they report. Directors of the gTOUP and charity a appointed following proposal and seconding by the Board oFTrustees at the Full Annual General Meeting. Board members may also be co-opted during the year. The trustees of the charity are responsible For the overall strategic direction and control of the charity and Ceive reports and recommendations From the directors and the operational leadership team.
As Far as it is complimentary to the charity's objects. the charity is guided by both local and national policy. The charity is a network memberoFAge UKand the CEO is the present Chair of the Networl holding a board seat oFthe national charity Age UL The charily has a close relationship with the County Council. borough and district councils and Statutory health bodies togetherwith othervoluntary organisations both nationally and throughoutwest Sussex. Brighton and Hove. These close links have proved invaluable to the charity in establishing improved links within the community and identifying relevant policy developments and prospective Funding. All serving trustees are Familiar with the practical work OF the charity. Potential new trustees. who are selected For their strengths and the diversity that they will be able lo bring to the Board, are invited and encouraged to spend some time at our ofFices and IF possible at our other bases of activity and outreach locations. to Familiarise themselves wilh the charity and the context within which it operates. New trustees will be made Fully aware OF: The obligations of trustees. The eLigibility of trustees. The main documents which set out the operational framework For the charity. includtng the Mernorandum and Articles. The current Fmancial position, including a copy of the latest published accounts. The strategies. plans and objectives The Charity Commission's role and the publications that can be obtained there. such as their guide 'The Essential Trustee.. Public beneFIt The long-term vision and ambition of the charity is to'change howwe age, bysupporting older people to be healthy. independent. inFormed and connected. Age UKWSBH'S m(ssion is to be the'go-to, For expert guidance and support For older people. their families. Friends and carers. In setting objectives and planning For activities. the Trustees have considered guidance pUbLhed by the Charity Commission relating to public beneFIt. including the guidance'Public beneFIt: running a charity (PB2)'.
Financial review The consolidaled results OF the charity and its 5ub5idiary are presented in the Statement OF FanciaL Activities. The total consoLidated Funds held at the balance sheel are £2,532.827. comprising £204.174 in restricted Funds. E512.343 in designaled Funds and £1.816.310 in general unrestricted Funds. The charity's net movement in funds For the year resulted in a deficit of £336.738. Reserves policy Maintaining reserves is a Fundamental aspect OF robust Financial managemenL However, Trustees must be able to demonstrate a Legal and strategic rationale For holding such funds. Given the vulnerability oFour client base and the critical nature oFour services, the Trustees OF AUKWSBH believe il 15 essential to consider the organisation's viability beyond the immediate Future in order to provide reliable services and funding over the longer term and to be able to absorb downturns in income. A fonnula to determine the level of reserrfes should include: a rag rating on revenue contracts to determine which. iFany. are al risk contractual obligations e.g. leases working capital requirements any outstanding net liabilities insurance costs - public liability. employevs liability. contents and buildings Financing planned inveslments The level ofreserves required will be adjusted annually during budget setting considering the above Formula. Responsibility For approving the annual assessment is vested with the Trustees. assisted, iF appropriate. by professional advisers. The ChieFExecutive and Head oFFinance should prepare a report For a meeting oFthe Trustees everyyear and make such recommendations Foradjusting the reserves as appropriate. As at 31 March 2025. Free reserves slood at £476,451 (2024: E750.830). Free reserves are defined as unrestricted Funds not designated For speciFic purposes and available to support the charity's objectives. This Figure is short oFthe Truslees. target reserves level oF£603.074 but as the building asset has sold in FY26. the shortFall is eliminated within the next Financial year. Going concern As part oFthe annual budget pro5S. theTrustees have undertaken a thorough review OF the year ahead and approved a three yearcashflow projection. This has given them a reasonable expectation that the organatiOn has adequate resources to continue in operational existence For the near future. For th reason. they continue to adopt the going concern basis in preparing Financial statements. Furtherdetails regarding the adoption oFthe going concern basis can be found in the accounting policies. 13
Risk Management The Trustees regularly assess the major risks facing the organisation and a satisPied that appropriate systems and mitigation plans are in plaTr. A comprehensive risk register is maintained and updated rnonthly. with key rkS reviewed at each Board meeling. One OF the organisatton's most signiflcant external risks lateS to the evolving Funding landscape, particularly the ongoing devolution agenda and potential changes to NHS commissioning and delivery. Following the sale oFour Brighton property. we are looking at future planning. We need to Focus on increasing our reserves while remaining cautious and prudent in our financial planning. As we move forward with implementing our Five-year strategy, a key focus will be on expanding our commercial activiLies to improve Financial sustainability. At the same time. we must stay alert to changes in the market, particularly around devolution and the NHS, as these could impact our Future funding. service delivery and operations. Several OF our existing contracts are vulnerable and competLtion For Funding especially From trusts and Foundations has intensiFied. with onlyone-in-ten applications being successFuL This highlights the importance oFgenerating our own income streams. We recognise that the coming years may be challenging and we are actively preparing to ensure our resilience and long term sustainability. Fued ayset devaluation In summer 2024, the Board of Trustees agreed to sell the Prestonville Road property in Brighton and secure new premises better aligned with the needs oFthose we support. The property was initially underoFFer For £1.2 million. in line with it5 carryingvalue on the baLance sheet. However, the buyersubsequently changed from a cash purdiase to a Financed arrangement. trlggering a revised valuation. Due to shifts in market conditions. the property's value decreased. To enable completion of the sale. the price was negOtiated and dUCed to £1.035,000. The sale was completed in July 2025 and the resulting devaluation has been recognised on the balance Sheet as an impairment loss. 14
Future plans Our Future plans centre around our priorities oFenabling people to be healthy. independent. informed and connected. Healthy To empower and enable people to be healthy as they we wilL. OFFer a range oFhealth and wellbeing clubs and activities to support people's physical and mental welLbeing. Work to prevent ill health through support in improving living conditions, encouraging healthier lifestyles and providing early intervention. Help people manage episodes of ill health and avoid hospital admissions through tailored. person-centred crisis supporL Work in partnership across health. housing. emergency seniices and transport sectors to ensure people experience joined-up care. Provide dementia~speciFic support for individuals and carers. Independent To empower and enable people to be independent as they age. we wilL. Encourage the use of our services. alongside other providers and appropriate technologies. to help people maintain independence and controL Deliver practical, local support that enables people to remain in their own homes and communities For as long as possible. lrnprove our cent$ by refurbishing layouts and Facilities, making thern rnore welcoming, Functional and comrnercially sustainable to meet the needs oFolder people. Develop and rnainlatn a trusted and vetted local business directory, giving our customers reassurance when accessing external services. Negotiate new and improved hire agreements with external providers to help secure the long-term Financial sustainability oFour centres For community use. Ensure all commercial operations a underpinned by robust health and saFety rneasures, supported by our partnership with a specialist Facilities management provider. 15
InFonned To empower and enable people to be infvrnped as they age. we wllL. Develop and grow a digital mernbership platForm to offer better access to services. bookings, inFormation and advice all in one place. Provide accurate, timely and acssible advice and inFormation across multiple channels. Make it easier For people to navigate and connect with services both online and offline. improving digital inclusion while ensuring non-digital options remain available. To empower and enoble people to be connected as they age. we wilL' Continue to grow our membership ofFer to build cornmunity connections and reduce loneliness. Create inclusive. welcoming spaces in our centres. designed around the needs oFour members and local communities. Work in partnership with local organisations. businesses and volunteers to ensure everyone can age well in an inclusive. age-friendlysociety. We want over 50s to see us as their'go-to. For information, advice and services. Our aim is to exceed customer expectations. going 'above and beyond. to offer support, empower people and tackle ageism.
Auditors During the year. the TC Groupwas chosen to art as the independent auditor to the organi5ation. Statement of disdosure to auditor As Far as each PeOn who wa5 a trustee at the date ofapproving this report are aware. there Is no relevant audit information ofwhich the group's auditol is unawar& Additionally, the Truste individualty have taken all the necessary steps that they ought to have taken as directors to make themselves aware oFall relevant audit information and to establish that the group'5 auditor is aware of that information. This reportwas approved by the Trustees on . .. d skgned on theiT behalf, by li Mohammed Chair of Trustees. Age UKWeslSusseK Brighton & Hove.
Registered charity number 1086323 Company number 04146487
Consolidated Financial Statements for Age UK West Sussex, Brighton and Hove
(limited by guarantee)
for the year end 31 March 2025
18
Legal and administrative information Trustees John Dixon Linda Dyos Caroline Instan Amanda Latham Peterworster (resigned 05102120251 Sarah Watson Alison Mohammed (appotnted 2610912024) (Chair) Glynn Jones (appointed 26/0912024) Jonathan Rosser (appointed 2610912024) Jill Larnond (appointed 2610912024) Secretary Helen Rice Charity Number 1086323 Company Number 04146487 Registered OfFice & Principal Address Ground Floor. 95 Queens Road. Brighion. East SusseK BN13X Auditors TC Group The Courtyard. Shoreham Road. Upper Beeding. Steyning. West Sussex. BN44 3TN. Bank CAFBank Lirnited 25 Kings Hill Avenue. King5 Hill. West Malling. KenL ME19 4JQ. Lloyds Bank PIC 10 East Street. Chichestei. Westsussex. PO19 1 HJ.
Contents Statement of trustees, responsibililies 21 Report of the independent auditors 22 Consolidated statement oFfinancial activities 28 Consolidated balance sheet 29 Charity balance sheet 30 Consolidated cash flow statemenl 31 Notes to the Financial statements 32 20
Statement of trustees, responsibilities For the year ended 31 March 2025 The Trustees. who are also the directors oFAge UKWest Sussex. Brighton and Hove for the purpose OF company law. are responsible For preparing the Trustees. Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). induding Financial Reporting Standard FRS102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.. Company law requires the Trustees. to prepare accounts for each FinanciaLyearwhich give a true and fair view OF the state OF aFFairs of the charitable COTnpany and group and OF the incoming resources and appLication of sOurceS including the income and expenditu. oFthe charitable company and group for thatyear. In preparing these accounts. the Trustees are required to: select suitable accounting policies and then apply them consistenlly: observe the rnethods and principles in the Charities SORP.. make judgements and estimates that are reasonable and prudent; and Prepa the accounts on the going concem basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping properaccounting records that disclosewith reasonable accuracy at any tirne the ftnancial pos(tion oFthe charitable company and group and enable them to ensure that the accoLbnts comply with Lhe Cornpanies Act 2006. They are also responsible ForsaFeguarding the assets oFthe charitable company and group and hence For taking reasonable steps for the pVentiOn and detection OF Fraud and other irregularities. 21
Report OF the independent auditors to the members Opinion We have audited the Rnancial statements oFAge UKWest Sussex. Brighton and Hove ('the charitable company.) and its subsidiary ('the group.) For the year ended 31 March 2025 which comprise the Consolidated Statement OF Financial Activities. the Group Balance Sheet. the Charity Balance Sheet, the Cash Flowstatement and notes to the Fmancial stalements. including a summary oFsignificant accounting policies. The Financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standard5, including FanCIal Reporting Standard 102 The Ffftancial Reporting Standard applicabLe in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In ouropinion, the FLnancial statements: give a true and Fairview oFthe state of the group's and the parent charltable compan5 afFairs as at 31 March 2025 and oFits incoming resources and application of resources for the year then ended; have been properly ppared in accordance with United Kingdom Generally ACpted Accounting Practice: and have been prepared in accordance with the requirements oFthe Companies Act 2006. Basls For opinion We conducted our audit in accordance with International Standards on Audiling (UK) (ISAS (UK)) and applicable law. Our responstbilities under those standards are further described in the Auditorfs responsibilities For the audit OF the financial statements section oFour report. We are independent ofthe group in accordancewith the ethical qUIreMents that are relevant to our audit of the Financial statements in the UK, including the FRC'S Ethical Standard, and we have FulFilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suFficient and appropriate to provide a basi5 For our opinion. Conclusions relating to going concern In auditing the Financial statements. we have concluded that the trustees, use of the going concern basis of accounting in the preparation oFthe financial statements i5 appropriate. Based on the work we have perFormed. we have not identified any rnateriat uncertainties relating to events or conditions that. individually or collectively. may cast signifant doubt on the charity's and group's ability to continue as a going concern For a period oFat least twelve months From when the financial statements are authorised For issue. Our responsibilities and the responsibilities OF the trustees with respect to going concern are described in the reLevant sections ofthis report. 22
other Informati(fft The other inFormation comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible For the other inFormation contained within the annual report. Our opinion on the Fmancial statements does not cover the other infonnation and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is Lo read the other inforrnation and. in doing so. considerwhether the other inFormation is materially inconsistent with the financial statements or our knowledge obtained in the course ofthe audiL or otherwise appears be materially mi55tated. IFwe identify such material inconsistencies or apparent material misstatements. we are required to determine whether this gives rise to a malerial mi5Statement in the financial statements themselves. IF, based on the work we have performed, we conclude that there is a material misstatement OF this other information, we are required to report that facL We have nothing to report in this regard. 23
Opinions on other matters prescribed by the Companies Act 2006 In ouropinion, based on theworkundertaken in the course of the audit: the information given in the truslee5' report (incorporating the directors. report) for the financial year For which the Pinancial statements are prepared is consistent with the financial statements: and the directors. report has been prepared in accordan with applicable legal requirernents. Matters on which we are required to report by exception In the light oFour knowledge and understanding oFthe charitable company and group and its emiironrnent obtained in the course oFthe audiL we have not identiFied material misslatements in the directors, reporL We have nothing to report in respect of the Following matters in relation to which the Companies Act 2006 requires us to report to you IF. in ouropinion: adequate accounting records have not been kept, or retums adequate forour audit have not been received From branches not visited by us,. or the Financial statements are nol in agreementwith the accounting records and returns: or • certatn disclosures oFdirectors' remuneration specified by law are not made: or we have not received all the inForrnation and explanations we require For our audit- or the trustees were not entitled to prepare the financial statements in accordance with the srnall companies regime and take advantage oFthe small companies. exemption in preparing the director's report and take advantage oFthe small companies exemptton from the requirement to prepare a strategic reporL Responsibilities of trustees As explained more Fully in the trustees, responsibilities statemenL the trustees (who are also the directors of the charitable company ft)r the purposes of company law) are responsible For the preparation OF the Financial staternents and for being satisfied that they give a true and Fair view, and For such internal control as the trustees determine is necessary to enable the preparation of financial statements that are Free from material misstatemenL whether due to Fraud or error. In preparing the Financial statements. the trustees are responsible for assessing the charitable cornpany's ability to continue as a going concern, disclosing. as appltcable. rnatters related to going concem and using the going concern basis oFaccounting unless the trustees either intend to liquidate the charitable company or to cease operations. or have no realistic alternative but lo do so. 24
AUdit0S responslbllitles for the audit oftheffinancia_fsernenTs Our objectives are to obtain reasonable assuran about whether the ftnancial statements as a whole are free from material misstatement. whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level oFassurance. but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material mi5Staternenl when it exists. Mtsstatements can arise From Fraud or error and are considered material if. individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these Financial statements. Irregularities. including fraud. are instances oFnon-compliantr wilh laws and regulations. The extent to which our procedures are capable oFdetecting irregutarities. including fraud, is detailed below. Extent to which the audit wa5 considered capable oFdetecttng irregularities. including Fraud The objectives oFour audiL in respect to fraud. are: to identtfy and assess the risks OF rnaterial misstatement ofthe Pinancial statements due to Fraud: to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstalement due to fraud. through designing and implementing appropriate responses: and to respond appropriately to fraud or suspected Fraud identiFied during the audit. Howerfer. the primary responsibility For the prevention and detection OF fraud rests with both those charged with governance OF the entily and its management. Our approach was as follows: We identiFied areas OF laws and regulations that could reasonably be expected to have a malerial efFect on the Fmancial statements From our general commercial and sector experience. and through discussion with the directors and other management (as required by audiling standards). and discussed with the directors and other management the policies and procedures regarding Complian with laws and regulations; We identiFied the following areas as those most likely to have such an eFFecL" health and safety.. General Data Protection Regulation (GDPR): Fraud; bribery and corruption and employment law. Auditing standards limit the requtred audit procedures to identify non- compliance with these laws and regulations to enquiry ofthe trustees and other management and inspection oFregulatory and legal CorspondenCe. if any. We considered the legal and regulatory frameworks directly applicable to the financial statements reporting Framework {FRS 102 and the Companies Act 2006 and the Charities Act 2011) and the relevant tax compliance regulations in the UK: We conSided the nature oFthe group's operations. the control environment and business performance. including the key drivers for management's remuneration; 25
We communicated identiFd laws and regulations throughout ourteam and remained alert to any indications of non-compliance throughout the audit.. We considered the procedures and controls that the group has established to address procedures identified. or that otherwise prevent. deter and detect Fraud." and how senior management monitor5 those procedures and controls. Based on thi5 understanding we designed ouraudit procedures to identify non-compliancewith such laws and gulatiOns. Where the riskwas considered to be higher. we perForrned audil procedures lo address each identified Fraud risk These procedures included: testing manual journals: reviewing the financial statement disclosures and testing to supporting documentation: performing analytical procedures; and enquiring oFmanagement, and were designed to provide reasonable assurance that the financial statements were free from Fraud or error. Owing to the Inhent limitations oFan audit. there is an unavoidable risk thatwe May not have detected some material misstatements in the Ftnancial statements. even though we have properly planned and perFormed ouraudit in accordan with auditing standards. For example, the Further removed non-compliance with laws and regulations {irregularities) is from the events and transactions flected in the financial staternents. the less likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment, Forgery. collusion. omission or misrepresentation. We are not responsible For preventing non-compliance and cannot be expected to detect non-compliancewith all laws and regulations. A Further description of our responsibilities for the audit of the Financial statements is located on the Financol Reporting Council's website at: Lttps://www.frc.org.uklOur-Work/AuditlAudit- and-assuran ds-and-guidance-for-audttors/Auditors- Tesponsibilities-F ilities-For-audit.aspx. This description forms part oFour auditor s reporL 26
This report is made solely to the charitable compan5 members, as a body. in accordance with Chapter 3 oFPart 16 of the Companies Act 2006. Ourauditwork has been undertaken so that we rnight state to the charitable company's members those matters we are required to state to them in an auditor's report and For no other purpose. To the Fullesl extent permitted by law. we do not accept 01 assume responsibility to anyone other than the charitable company and the chariiable company's members as a body. forour audit worl for this reporL or For the opinions we have Fonned. Mark Cumrnins FCCA (Senior Statutory Auditor) Forand on behalFoFTC Group StatutoryAuditor5 OfFice: Sussex Dated: l ?rt5 27
Consolidated statement OF Financial activities (including the income & expenditure account) for the year ended 31 March 2025 Tolal 2025 Total 2024 fun& funds fvnds INCOME FROM: Donations and legacies Charitsble activities Investments Total income Notes 7750 I893 53fv76 525W6 73.T17 48.763 5.147.866 826,744 4.179.022 19.426 5.025,192 4.520.301 48.763 427.127 7750 243.389 EXPENDrruRE ON: Ralsing funds Charitable activities 327 4.442.354 4,442,681 4.948,691 214A58 214A58 160,347 160,347 5323,496 5AZS,604 Total expendlture Net income/{expenditure) 1121.672) (137.1081 83,042 (175.7381 582511 Impalrment of tanglble fixed assets Transfers li (161,000) 17 24,116 P4,116) Net movement In funds I25856) 116L224) 83.042 1336.738) 581511 Reconciliation of fund5 Total funds brought fonvard 2W74,866 67367 121.132 2A69,565 2.287.054 Totsl funds carrfed forward L816.310 512343 204.174 I32 827 2,869565 The Consolidated Statement OF Financial Activities includes all gains and losses recognised tn the year. The notes on pages 32 to 49 Form part of these Financial staiernents. 28
Consolidated balance sheet as at 31 March 2025 2024 HXED ASSETS Tangible assets Intsryble assets Investments li L310yO 29?19 1,324,036 2.883 1,326319 1342.742 CURRENT A55Et5 Stocks Debtor5 Cash at bank and in hand 3.978 872,949 1,088,155 L963,989 I,25l.f6 CURRENT UABILMES Creditors due wfthin one year 16 (410J811 (421.343) NEf CURREKfASSET5 I..035 L542,646 TOTAL NEfASSETS 227 2,869,565 GROUP FUNDS Restricted fund5 Unrestricted DeSnated funds unrestrIrt General funds 17 204174 512343 16?10 121,132 673.567 2,074,866 2,869,565 The financial skatements were approved and authorised by the Board ofTrustees and signed on their behalf by. Mohammed CompanyNumber-04146487 The notes on pages 32 to 49 Form part oFthese financial statements 21J
Charity balance sheet as at 31 March 2025 2024 Notes XED ASS5 Tangible assets Intanble asses Investments 310 1.324,036 29?19 1341743 L326,920 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 348fv17 43A90 I955 874,857 1.078.05J 1,955,793 Creditor5 due within one year 16 1410AIS) 1417,761) NET CURRENT ASSErs 4L85N71 1,538,032 TOTAL NEf ASSETS ZS28214 2,864,952 CHAR FUNDS Restricted funds Unrestricted Desi8nated fvnds Unrestrirted General fun(ts 17 204J74 511343 121,132 673.567 2.070253 2,864,952 214 The financial statements were approved and authorised by the Board of Trustees and signed on their behalFb. Alt Mohammed CompanyNumber-04146487 The notes on pages 32 to 49 form part of these financial statemenfs
Consolidated cash flow for the year ended 31 March 2025 2024 Cash flows from operatlng actie9 Net cash used in operating actlvttles 19 376.639 407,7 Cash flows Irom Investlng actm DNidends, interest and rents from investments Purchase of tanglble fixed assets Purchase of intan8lble flxed a55ets 48,763 12>252) (29319) (ZU,108) 19,426 {25,143} li 12 Net tash used In Invesilng actlvl¢ks (5.717) Change In tash and cash ewtwdlents In the I6331 401,983 Cash and cash equivalents at the beElnnin8 of the year Cash and osh equiwdlentsat the end (rfthe year 1.088.155 686,In 12SI.686 1.088.155 The noles on pages 32 to 49 Form pait oFthese Fmancial statements 31
Notes to the Flnancial statements for the year ended 31 March 2025 1 sfATUTORY INFORMATION Age UKWest Sussex, Brighton and Hove is a company limited by guarantee. The members OF the company are the Trustees named on the legal and admin infonnation page. In the event oFthe charity being wound up. the liability in respect of the guarantee is limited. 2 ACCOUNTING POLICIES Basls OF preparation oFfmancial statements The Financial statements have been prepared in accordance with Charities SORP {FR5102)- Accounting and Reporting by Charities: Statement OF Recomrnended Practice applicable to charities preparing their accounts in accordan with Financial porting Standard applicable in the UK {FRS 102) (efFecLive 1 January 2019). the Financial Reporting Standard applicable in the UK (FRS 102) and the Companies Act 2006. The IancIal statements are prepared in sterling. which is the Functional currency oFthe charity. Monetary amounts in these financial statements are rounded to the nearest pound. Age UKWest Sussex. Brighton and Hove meets the denition oFa public beneFit entity under FRS 102. Assets and Liabilities are initially recognised at historical cost or transaction alue unless olherwise stated in the relevant accounling policy. The Consolidated Stalernent of Financial Activities (SOFA) and Consolidated Balance Sheet consolidate the Financial statements oFthe Charityand its subsidiary undertaking. The results OF the subsidiary are consolidated on a line by line basis. The Charity has taken advantage oFthe exemption allowed under section 408 OF the Companies Act 2006 and has not presented its own Statement of Financial ActLVlties in these Financial statements. 2.2 Going conrn At the time oFapproving the financial statemen& the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable Future. In arriving at this conclusion, the trustees have taken into account the ongoing econornic uncertainty on its activities and finance& Thus the trustee5 continue to adopt ihe going concern basis in preparing the fanCial statements. 2.3 Income All income is recognised On the Charity has entitlement to the income. it is probable that the income will be received and the amount of income CeIVable can be measured reliably. 32
2.3 Income (continued) The recognition oFincome From legacies is dependent on establishing entitlement. the probability OF receipt and the ability to estimate with sufftcient accuracy the amount receivable. Eviden oFentitlement to a legacy exists when the Charity has suFficient evidence that a gift has been left to them (through knowledge oFthe existence oFavalid will and the death OF the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claim5 in the estate. Receipt oFa legacy must be recognised when it is probable thal it will be received and the Fairvalue of the amount receivable. which will generally be the expected cash arnount to be distributed to the Charity, can be reliably measured. Grants are included in the consolidated statement oFfinancial activities on an accruals basis. The balance OF income received for speciFic purposes but not expended during the period is shown in Ihe relevant Funds on the Balance Sheet. Where income is reiVed in advance OF entitlement oFreceipt. its recognition is deferred and included in creditors as deFerred income. Where enlitlemenl occuts before income is received. the income is accrued. Gifts in kind donated for distribution are included at valuatton and recognised as income where they ale distributed to the projects. Gifts donated for resale are included as income when they are sold. Incorne tax recoverable in relation to donalions received under Gift Aid or deeds oFcovenant is recognised at the time oFthe donation. Income tax coverable in relation to investment income is recognised at the time the investment income ts receivable. Other income is recognised in the period which it is receivable and to the extent the goods have been provided or on completion OF the service. 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transFer economic benefit to a third party. it is probably that a transFer OF economic beneFIts will be qUired in settlement and the amount of the obligation can be rneasured reliably. Expenditure 15 classiFied by activity. The costs oFeach actLVity are made up of the total oFdirect costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity- Shared costs which contribute to more than one activity and support Costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis oFtime spend. and depreciation charges allocated on the portion OF asset's use. Expenditure on raising funds includes all expenditure incurred by the Group to raise Funds For its charitable purposes and included costs oFall Fundraising activities events and non- charitable trading. 33
2.4 Expenditure (continued) Expenditure on charitable activities is incurred on directly undertaking the activitie5 which Further the Group's objectives. as well as any associated support costs. Grants payable are charged in theyearwhen the offer is made except in those cases where the oFFer is condilionaL such grants being recognised as expenditure when the conditions attaching are FulFilled. Grants oFFered subject to conditionswhich have not been rnet at the year end are noted as a comrnitmenL but not accrued as expenditu. All expenditure 15 inclusive OF irrecoverableVAT. 2.5 Government grants Government grants relating to tangible assets are treated as deferred income and released to the consolidated Statement oFFinancial Activities over the expected useful lives of the assets concerned. Other grants are credited to the consolidated Statement of FanCIal Activities as the related expenditure is incurred. 2.6 Interest receivable Interest on Funds held on deposit is included when receivable and the amount can be Tneasured reliably by the Group." this is normally upon notiPication of the interest paid or payable by the institution with whom the Funds are deposited. 2.7 Tangible fixed assets and depreciation Tangible ffed assets costing £500 or rnore are capitalised and recognised when Future economic benefits are probable and the cost orvalue oFthe asset can be measured reliably. Tangible ffed assets are initially recognised at cost. AFter recognition, under the cost modeL tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible asset into its intended working condition should be included in the measurement of cosL At each reporting date the Charity assesses whether there is any indication of impairmenL If such indication exists. the recoverable amount ofthe asset is delermined io be the higher oFits Fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying arnount exceed5 the cOVerable amounL 34
2.7 Tangible Ped assets and depreciation (continued) Depreciation is charged so as to allocate the cost oFtangible Ftxed assets less their residual value over their estimated useful lives. using the straight~line rnethod. Depreciation is provided on the Following basis: Freehold property OFFice equipment Brtghton Hub furniture Laburnum reFurbishment IntangibLe asset (Membership platform) 2% Straight line 25% Straight line Over 7 years Over l O years 5 years 2.8 Investments Flxed asset investments are a Form oFfinancial instrument and a initially recognised at their transaction cost and subsequently measured at FaIralUe at the BaLance Sheet date. unless the value cannot be measured reliably in which case it is rneasud at cost less irnpairmenL Investment gains and losses. whether alISed or unrealised. are combined and presented as 'Gains/{Losses) on investments. in the consolidated Statement OF Fmancial Activities. Investments in subsidiaries are valued at cost less provision For impairment. 2.9 Stocks Stocks are valued al the lower oFcost and net realisable value aFter making due allowance for obsolete and slow- moving stocks. Cost included all direct costs and an appropriate proportion OF Ped and variable overheads. 2.10 Debtors Trade and other debtors are recognised at the settlement amount aFter any trade discount oFfered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.11 Cash at bank and in hand Cash at bank and in hand include cash and short-term highly liquid investments with a short maturityoFthree months or less from Lhe date ofacquisition oropening of the deposit or sirnilar account. 2.12 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance Sheet date as a result oFa past event, it is probable that a transFeroFeconornic beneftt will be required in settlemenL and the amount OF the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debi or the amount it has received as advanced payments for the goods or services it must provide. 35
2.12 Liabilities and provislons (continued) Provisions are measured at the best estimate of the amounts required to settle the obLigation. Where the efFect oFthe time value of money is materiaL the provision is based on the present value oFth05e amounts. discounted at the pre-tax discount rate that Aects the risk5 speciFIc to the liability. The unwinding oFthe discount is CogniSed in the Consolidated Statement OF Financial Activities as a finance cosL 2.13 Financial instruments The Group only has financial assets and Financial liabilities oFa kind that qualify as basic Fancial instruments. Basic Financial instruments are initially recognised at transaction value and subsequently measured at their settlementvalue with the exception OF bank loans which are subsequently measured at amortised c05t using the eFFective interest method. 2.14 Operating leases Rentals paid under operating leases are charged to the Consolidated Statement of Financial Activities on a straight line basis over the lease terrn. 2.15 Pensions The Group operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Group to the fund in respectof theyear. The Group also operates a deffined beneFits pension scheme and the pension charge is based on a Full actuarial valuation dated 31 March 2025. 2.16 Fund accounting General funds are unrestricted Funds which are available For use at the dIsCli0n OF the Trustees in Furtherance OF the general objectives of the Group and which have not been designated For other purposes. Designated Funds comprise unrestricted Funds that have been set aside by the Trustees For particular purposes. The aim and use oFeach designated fund is set out in the notes to the financial 5taternents. Restricted Funds are Funds which are to be used in accordance with specific restrictions imposed by donors orwhich have been raised by the Group for particular purposes. The costs OF raising and adrninistering such Funds are charged against such Funds are charged against the speciFIc fund. The aim and use oFeach restricted Fund is set in the notes to the Financial statemenis. 36
3 INCOME FROM DONATIONS AND LEGACIES Unrestrlcled funds 2025 Restrfcted funds 2025 Total funds Total funds 2024 fund5 2025 2025 General donations Fundraislng Legaaes Grants Other income 34961 24,170 179.308 14.660 393 15.650 37A54 5920 256.658 188.530 23,665 98,173 554,701 145,964 4,241 826,744 77.350 173 258,063 273,479 I8915 525,326 826,744 Total 2024 450,0(M) 4 INCOME FROM CHARITABLE AcnviTIES Unrestrlcted fvnds 2025 Dewated Restrfcted fttnds lunds 2025 Total funds 2025 Total funds 2024 2025 Charitable activities 420.501 4,520,301 4.LM)9,446 $3A76 53.476 169576 473 777 4,573,777 4.179.022 4,179,022 4,179,022 Total 2024 5 INVESTMENT INCOME Unrestrirted Designated funds funds 2025 Restrkted fund$ Total funds 2025 Total funds 2024 2025 2025 Interest reoived 48.763 48.763 19,426 37
6 EXPENDITURE Staff Costs Depredatlon 2025 2025 Other Total funds 2025 Total funds 2024 2025 Raisingfunds Charitable actlvitles Totsl expenditure 327 4,442,354 4,442,681 3,265,105 3,265.105 85,048 L973,343 1.973A51 5.323A96 5,323,604 Dirert artivities 20 Support Totsl funds 2025 Total funds 2024 2025 Direct costs of tharitable activities- see note 7 S24831 5.248.631 4,401.467 74.865 7465 40.888 5,323.496 5,323N96 4,442,355 4,442354 4,442,354 Total 2024 7 EXPENDITURE ON CHARITABLE AcrivmES Dirert artivities 202S Direct activities 2024 Staff costs Actlvlty centre catering and other costs Travel costs and mileage Agency and consultancy Other costs Conference5 and meetings Offiee and computer costs Activity centre overheads Payments to partners Depreciatlon 3265.105 246,845 86,645 69.571 7022 6.813 9,753 474.111 933,918 2.956,647 228,721 77,986 84,126 57,576 4,808 60,675 427,962 423.384 79,582 4.401.467 S.248.631 The impairrnent loss relates to the revaluation that was applied to the Charities property whÉch has been sold post year-end and therefore the accounts reFlect the properties true value. Support Support Costs 2024 2025 Support o)sts Inclu(llng Governance costs Staff welfare costs Professional fees 473 69.892 74,865 4,463 36,425 40,888 3e
8 AUDITOR'S REMUNERATION Total 2025 Total 2024 Fees payable to the Charivs current auditor for the audit 11,550 10,525 9 sfAFF COSTS Group and Charity 2025 Group arbd Charity 2024 Wages and salaries Social securlty costs Contribution to defined ccffitribution pension schemes Contrlbution to defined benefrt pensif scheme5 230,355 218,742 2,658,063 193,708 104,608 93,476 11.4(M) 11.400 3265,105 2,956,647 The average number OF persons employed by the Charity during the yearwas as follow5: Group and Charity 2025 Group and Charity 2024 Activity centres and clubs otr projerts Administration 52 91 15 158 18 162 The number of employees. whole benefits (excluding employer pension costs) exceeded £60.OOOwas: GTOUP 2025 Group 2024 In the barKI £60,000-£69299 In the band £80,001- £90,OIJO In the band £90,o0£99P99 Key management personnel comprises of the CEO and Deputy CEO. The aggregate remuneration oFkey management personnelwas £182574 (2024: £163,739). Total dundancY and settlement agreements and associated pay in the yearwas £29.288 {2024: £3.297). 39
101RuSTEEYREMUNERnON ANDWE During the year. no Trustees received any remuneration or other beneFits (2024: £Nil). During the year. expertse5 totalling £267 were 1MbUr5ed or paid directly to Trustees (2024- £NiU. 11 TANGIBLE FIXED ASSErs Group and Charity Freehold Office property equipment Total Cost or valuation At l April 2024 Impairment loss Additions 1.308.928 (161.000) 445.618 1.754.546 1161,OLN)) 232,552 1.212 1.824,886 232.552 (1212} 676.958 Disposals At 31 March 2025 1.147,928 Depreciation At l April 2024 CharEe fortheyear Disposals At 31 March 2025 79.042 26.595 351,468 58,453 11,212) 408.709 430,510 85.1)48 (1,212) 514.346 los7 Net bookvalue At 31 March 2025 1.042291 268.249 1310.540 At 31 March 2024 1.229,886 94,150 1.324,036 Land and buildingswith a carrying value of £1.035m (post impairrnent) were sold postyear-end on the 25 July 2025. The impairment loss above reflects the diFFerence between the net book value and the selling price OF the properties. 40
12 INTANGIBLE ASSErs Group and Charity Total Cost or valuation Additions 29.319 29.319 29.319 29,319 At 31 Marth 2025 Amortlsation At 31 March 2025 Net book value At 31 Ilar¢h 2025 29.319 29.319 At 31 Maich 2024 13 FIXED ASSET INVESTMENTS Group Usted Investments Total Cost or valuation At l April 2024 At 31 March 2025 2.883 1883 Net book value At 31 Mar¢h 2025 83 At 31 March 2024 2,883 2,883 Char Investments Listed In subsldlary Imiestments Total C05t or valuailon At l Aprll 2024 At 31 March 2025 2,883 883 284 2A84 Net book valve At 31 March 2025 Z.884 At 31 March 2024 2,883 41
1SRXEITASSEfiNVEsfMENTS (CONTINUED) Principal subsidiaries The following was a subsidiary undertaking of the Charity. Name Company number Registered office or Principal Age UKWestSussex 03618876 principal place OF business activity Enterprises Limited Ground Floor. 95 Queens Donant- no Road, Brighton. Easl Sussex. trade in the year BN13XE Class oFshares Ordinary Holding 100% Included in consolidation Yes 14 STOCKS Group 2025 Charity 2025 2024 2024 Finished ets)ds and £ocrtJs for resale 3.978 3.978 3?78 2,885 2,885 3.978 2,885 15 DEBTORS Group Charjty 2025 2024 2024 Due within one year Trade debtors 154,147 187.TJl 2.924 335,692 537.257 157,76Z 187.731 2,924 348.417 335,692 539.165 Prepayments and accrued income Other debtors 344002 872,949 874,857 16 CREDITORS: AMOUNTS FALLING DUEWITHIN ONEYEAR Group Charity 2025 2024 2024 Trade creditors 135,614 90.813 22 121,942 69,730 17339 212332 135.614 90,783 480 121,942 69,760 13,724 212.334 417,760 Other taxation and social security Other credftors Accrua15 and deferred income 161A74 161,538 410381 421,343 410A15 42
17 STATEMENT OFFUNDS-CONSOLIDATED Expenditure and Inc impalrnients At IAprfl 2024 At 31 Marth 2025 Transfers Unrestrirted general funds General funds Reserves 70353 4,613 2074.866 4,827.127 {5.109,7991 24,116 I11.697 4,613 I1510 4,827.127 (5.109.799) 24,116 UnrÈstrlrted designated I1$ Ourcustomers Our SeNice5 Our People Our Operations Our Organi5ation 507,$02 77.350 154.206) {982691 432377 54,000 47.150 30,IJ)O 34.915 673.567 {37.231} (9,919) {4.035) 88,106 124,116) 25,966 123,021J 1214.458} 77.350 512343 Restrirted furKIs Welfare donations Cake and Connect B&H dementia services Dementia Sunshine Seniors Activity Money Chrfsvs H05Pltal fund Community Nelghbours Household 5UPPOrt fund Peter Harrison Foundation Laburnam Centre refit Maidenbower ScrewFix Fund Sport5 England Hyde Evofve Grant Mernory Cafe Discharge Project Chichester Routledge Foundation Brighton Bullet Group National Lottery Community Fund 7,782 2.308 34,395 (15161 1999} 134,2391 (1.955) (Iwo) (8386) (9,980) (8.750) 118,185) 12731 (s.0001 {65241 (3,374) 11711 (1500) (5.OfJ)) 6366 1,609 41,738 300 41582 4.091 2,136 7,841 1,719 5.496 8,750 40,130 273 (iuj) 6,667 7.584 6,741 3,100 112.348 134293 3.347 3,177 9,443 1.743 669 I72 650 650 53,495 153,495) 1160347) 121,132 243A89 204.174 Total funds 6965 S.14766 (5,484,604> 2,532027 43
Designated funds Our designated Funds are funds requId ft)r our fvtU investment and link directly to our 5 year Strategic Plan. We operate the Following Funds: Our Customers: To develop and maintain a broad and deep understanding of our customers, developing clear and informed insights into their needs, expectations and aspirations. Our Services: Join up our services to Facilitate positive customerjourneys and care pathways that enable our custorners to successFuLly achieve the positive outcomes theywish. Our People: To create a diverse. inclusive and enabltng culture where stafF. volunteers and truslees feelwelcomed. valued and can thrive. Our Operations.. To pui localworkat the heart oFour business. developing and participaling in local networks. tearns and services. tailored to the needs and resources within distinct localilies. Our Organisation: To develop and promote our proFile. reputation and brand a5 one organisation. with a single mission and vision Restricted funds Our Welfare donations and Christ's Hospital projects are hardship funds which older people can access to help with among other things payment of their bills, purchase of white good5 or Food vouchers. Our Laburnurn Centre in BognorRegis has had a refit including the incluston of changing rooms For the gym facilitywhich has been Funded bythe GarPieldWeston Foundation. The fijnds have all been spent but as this is capital expenditu the funds will be released over 10 years Lo cover depreciation costs year on year. OurDementia clubswhich provided support to carers and the cared for. ofFering a range OF stimulating activities For those with dementia were partly Funded From the ft)Ilowing Funds West Sussex county council- Short break contracl Francine Trust Ltd. Albert Gubey and Brighton District Nursing association. Cake and Connect is a grant to support cake and connect groups in the Chichester are Community Neighbours is granl Funding Frorn Primary Health Properties {PHP). a Registered Social Landlord. which helped us support local older people in Brighton & Hove. Dementia Sunshine Seniors activity money- this is ringfenced money Frotn the WSCC Carers Short Break grant to benefit the participants oFSunshine Seniors. Maidenbower is a fundraising donation speciFied For this group in the Crawley area. 44
17 sfATEMENT OF FUNDS- CONSOLIDATED (CONTINUED) Peter Harrison Foundation is a grant to support salaries to carry out personal assessments in the gym. screwr fund is a grant to support the rePit oFthe staff kitchen at the Laburnum Centre completed Surnmer2024. Sports England is a lottery money grant for the gym. Household Support Fund grant fvom Brighton & Hove City Council to provide Food vouchers ft)r older people in need in Brighton & Hove. The Hyde Evolve Grant is Funding For Chichester Connect Groups. Memory Café is a group oFdonations to help run Memory caFé clubs fora month. The Discharye Project is funding From Age UK NationaL to carryout assessment and questions to clients to feed back to nationaL The Brighton Bullet Group grant is a donation From the PaleyTrust Forsilver bullet group in BrighLon. Chichester Routledge Foundation Funded towards salaries in the Chichester District. National Lottery Community Fund is a grant awarded For the"Get Connected- project over a 3 year period. 18 ANALYSIS OF NEf ASSETS BETWEEN FUNDS- CONSOLIDATED Analysbs of net assets between funds- current perrod Unrestricted fvnds Des*nated Restritted fuftds funds 2025 2025 Total funds 2025 Tanglble fixed assets Intanglble red assets Flxed asset investments Current asset5 Creditors due within one year 1,310,540 29,319 29,319 283 883.949 (410.381) 512343 204.174 1,600.466 (410.381) 2.532.827 512343 204,174 Analys of net assets between fund5- prior period consolidated Unrestricted funds 2024 Designated funds 2024 Restrirted fund5 2024 Total funds 2024 Tangible frxed assets Fixed asset investments Current assets Creditors due within one year 1.324.036 2,883 1.169.290 421.343 2,074,866 1.324,036 2.883 1,963.989 421,343 2.869,565 673567 121,132 673,567 121.132 45
19 RECONCIUATION OF NEf MOVEMENT1N FUNDS TQNETtASH FLOwFRoPERAT1K&. AcfiviTIES Gr•xp 2025 Group 2024 Net Income/expenditure for the period {a5 per SOFA) (336.738) 582,511 Adjustments for. Depreciation charges 85W8 83,618 Profit5111055e5) on disposal of fixed assets UnrealisÈd (galns) / losses on tangible fixed a55ets 152 161 Dlvldends, interest and rents (48.763) (19,426) {Increasel / decrease in stocks (1.093) 1,764 (Increase) / decrease in debtors Increase / {decrease) in credstor5 528.147 (277,239) (10.962) 36,320 Net cash provided by operatln8 actfvftles 376.639 407.700 20 ANALYSIS OFCASH AND CASH EQUIVALENTS Group 2025 Group 2024 Cash in hand 1251 1.088.155 Total cash and cash equivalents 1251.686 1,088,155 21 ANALYS15 OFCHANGES IN NEfDEBT At l Aprfl 2024 At31 March 2025 Cash at bank and In hand 1.088.155 IW88,155 163,531 163531 1251.686 1251,686 22 CONTROLLING PAi¥rY The charitable cornpany is controlLed by the Board of Trustees. who are al50 directors under company law.
23 OPERATING LEASE COMMITMENTS At the reporting end date the charity had outstanding commitments For future minimum lease payments under non-cancelLable operating leases, which Fall due as Follows: 2025 2024 Within one year Between two and five yea Over fwe years 62.610 211.111 8.410 23,228 72,793 104.432 340.711 24 PENSION COMMITMEfr¥rs The group operates a deFined contribution pension scheme.The assets oFthe scherne are held separately from those of the group in an independently administered Fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £104.608 (2024- £93.476). Contributions arnounling to £Nil (2024 - £Nil) were payable to the Fund at the balance sheet date and are included in creditors. The group also operates a defined beneFIt pension scheme. The disclosures below are provided in respect oFthe Age Concern Section oFthe Age UK Retirement Benefits Scheme (the 'Scheme'). The level ofbenefits provided by the Scheme depends on a memberfs length oFservice and their salary al their date ofleaving the Scheme. This seclion OF the Scheme closed to Future employees on 30 November 2008. A full actuarialvaluation of the Scheme was carried out as at 31 March 2019 and the results of this valuation have been updated to 31 March 2025 by a qualiPied independent actuary. The pSentVa1ue oFthe defined benefit obligation was rneasud using the Projected Unit Method. 47
4 PENSION COMMITMEKfs(CONTINUED) Principal actuarial assumptions at the Balan sheet date (expressed as weighted average5): 2025 2024 Dlscount rate for scheme liabilities Experted rate of salary increases RPI inflation assumption CPI inflation assumption 4.90 NIA 3.20 NIA 3.10 2.40 2025 Years 21.7 2024 Years 21.7 23.6 Mortality rates {In years) For a male aged 65 now At 65 for a male aged 45 now For a female aged 65 now At 65 for a female a8ed 45 now 23,0 The Group's share oFthe assets in the Scherne was: 21YL5 2024 £00 51 18 Equities Diversified growth fund Property Cash and other liquid assets Matching a5set51bonds 49 47 20 12 236 226 338 354 The current service cost in the year £nil (2024 - £11.400). ZOZ5 2024 £00 354 1335) 19 Fair value of plan assets Present value of funded liabilities {293) Surplu51 (deficit> Deficits only recognised in the SOFA As the pension scheme is in surplus. no provision is recorded in the Financial statements. 48
25 SUBSEQUENT EVENTS The Charity's properties oF29-31 Prestonville Road and 3 Howard Terrance have been sold on 25 July 2025 at a value oF£1.035.000. These financial staternents recognise an impairment to the property of £161,000 to bring the net bookvalue as at 31 March 2025 in line with the realised value. 49