2021-03-31-accounts - Age Concern Bedfordshire

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

CONTENTS	Page
Introduction and Chairman's Report
Report ofthe Trustees	I —8
Report ofthe Independent Auditors	9 —12
Coasolidated Statement ofFinancial Activities	13
Consolidated aad Parent Charity Balance Sheets
Consohdated Statement ofCash Plows	15
Notes to the Financial Statements	16-27

						Total	Total
			Unrestricted	Dcsigaated	Restricted	Funds	Funds
		Note	Funds	Funds	Funds	2021	2020
						8
Income and Eudewmeats
Donations and legaoies		4	23,488			23,4$8	26,889
Income from charitable activities:
Grants from public authorities	and other grants	6	82,553		290,693	373,246	151,395
Welfare services			8$6,977			886,977	966,300
IncomePom other trading acdviiies:
Trading subsidiary
Other non charitable trading			40,269			40,269	44,895
Fund raising activities			172			172	512
Investment income			47			47	123
Total income and eadowments			1,033506		290,693	1424,199	1,190,114
Expenditure
Kxpcndimrc on raising funds
Trading subsidiary
Other non charitable trading			13,344			13,344	13 13
			13,344			13,344	13,213
Expenditure on charitable activiries		8	909,536	10,000	291,069	1,210,605	1,227,390
Total expcaditure			922000	I 000	00	~123 9	IAIIIIA
Net income/(expenditure)			110,626	(10,000)	(376)	100Q50	(50/89)
Transfers betweea funds:
Net mevement in funds forthe year			110/26	(10,000)	(376)	100&250	(50~)
ReconciTiation offuads
Total Funds brought forward at 1 April 2020			130,991	10,000	4,473	145,464	195,953
Total Fuads carried forward at31	March 2021		241di17		4,09	~20 92~	ICF

		Gruu		Churl
	Note	2021	2020	2021	2020
				8	8
Fixed Assets
Investments	2			I	I
Tangible assets	14	21,810	23,545	21,810	23,545
Total Fixed Amets		21JIIO	23,545	21,811	23,546
Current Assets
Stocks	15	6,791	4,526	6,791	4,526
Debtors	16	139,145	121,146	147,326	125,306
Cash at bank and in hand		141,031	91,859	132,850	87,699
Total Current Assets		286,967	217,531	286,967	217431
Liabilities
Creditors falling due within one year	17	51,921	81,602	51,921	81,602
Net Curreat Assets		235,046	135,929	235,046	135,929
Total assets less current liabilities		256&856	159,474	256,857	159,475
Creditors: falling due after more	18	11,142	14,010	11,142	14,010
thea one year
Net Assets		245,714	145,464	245,715	145,465
Tbe funds oftbe charity:
Unrestricted income funds	20	241,617	130,991	241,618	130,992
Designated funds	19		10,000		10,000
Restricted income funds	19	4,097	4,473	4,097	4,473
Total charity funds		245,714	145,464	245,715	145,465

			Note	2021	2020
				f	0
Cash provided by (used in) operating			21	57,408	(61,262)
activities
Cash flows from investing	activities
interest income				47	123
Purchase oftangible fixed	assets			(8,283)	(7,547)
Cash provided by (used in) investing
actvities				(8+36)	(7,424)
Cash flows from flnancing activities
increase (decrease) in cash	and cash
equivalents in the year				49,172	(68,686)
Cash and cash equivalents	at the
beginning ofthe year				91,859	160,545
Total cash and cash equivalents the end ofthe year		at		141031	91'

				2021f	2020
Profit and loss account:
Tllfllover
Salaries, National Insurance	and pension
Travel and subsistence
Stafftraining and recruitment
Rent, cleaning and utilities
Telephone, postage, stationery		and IT
Repairs, renewals and insurance
Depreciation
Miscellaneous
Publicity
Audit Peas
Operating profit
Gift Aid paid to Age UK Bedfordshire			Ltd
Profit / Loss fiir the year
Profit and loss account brought		forward
Profit and loss account carried		forward
Balance Sheet
Current assets:
Debtors
Cash atbank and in hand				8,181	4,160
Current Liabilities:
Intercompany account				8,180	(4,159
Represented by:
Share capital				I	I
Profit and loss account
					r

Income from donations and legacies:	Income from donations and legacies:		Unrestricted	Restricted	Total	Total
			Funds f	Funds	2021	2020f
Donations			16,357		16,357	25,289
Legacies			7,131		7,131	i,600
			23,488		23,48&	26,889
Other non charitable tradiag income:			Unrestricted	Restricted	Total	Total
			Funds	Fundsf	2021f	2020 f
Other income			40,269		40769	44,895
			4,
Grants from government or public			Unrestricted	Restricted	Total	Total
authorities and other grants received:			Fundsf	Funds	2021	2020
Bedford Borough Council Social Services				14,352	14,352	14,352
Central Bedfordshire Social Services				29,785	29,785	28,367
Bedford Borough Council - Sitting Service						10,000
Age UK Eon Information and Advice Project				15,252	15,252	11,780
Age UK Handyperson Project				8,816	8,816	11,700
Age UK Warm and Well Programme						10,646
Central Bedfordshire Council TFN				8,500	8,500	8,000
Bedford Borough Council - TFN				8,000	8,000	8,000
Henry Smith Charity				25,500	25,500	33,550
The Panacea Charitable Trust						15,000
Age UK Covid Appeal Funding				32,398	32,398
Armed Forces Covenant Fund				19,218	19,218
The Clothworkers' Foundation - Equipment		Grant		5,000	5,000
Bedfordshire Police				25,000	25,000
Bedfordshire and Luton Community	Trust			7,000	7,000
Lottery COVID-19 Response				10,000	10&000
Groundwork UK - Tesco				500	500
HMRC Coronavirus Job Rentention	Scheme			81,372	81,372
Age UK Emergency Appeal Funding			32,055		32,055
Bedford Borough Council COVID Grants			20,098		20,098
Bedford Borough Council Infection	Control	Grant	3,000		3,000
Central Bedfordshire Infection Control Grant			27,400		27,400

TE	S TO THE FINANCIAL	S TO THE FINANCIAL	STATEMENT	STATEMENT	S Cont/d...
7	Resources expended on aoa		charitable		Unrestricted	Designated	Restricted	Tarot	Total
	activities t				Funds 8	Funds 8	Fuads 8	2021 8	2020f
	Salaries, National Insurance	snd pension			13,344			13,344	13,213
	Travel snd subsistence
	Rest, cleaning and utilities
	Food - Sandy lunch club
					13344			13344	13213
8	Resources expended on charitable				Unrestricted	Designated	Restricted	Total	Total
	activities:				Funds	Fundsf	Funds	2021	2020
	Salaries, National Insurance	and pension			]33,591	10,000	176,698	320,289	318,784
	WeHare services - workers' wages				560,566		37,595	598,161	594,596
	Stafftraining end recruitment				3,497		1,314	4,811	4,934
	Travel and subsbtence				74,146		1,498	75,644	89,453
	Rent, rates, desning snd utilities				23,380		36,362	59,742	59,397
	Telephone, postage, stationery		snd IT		27,648		17,320	44,968	48,236
	Repairs, renewals dt insurance				7,71&		13,620	21,338	7,860
	Depreciation				3,939		4,884	8,823	9,123
	Bad debts				4,811		4	4,815	5,901
	Miscellaneous				10,819		1,131	11,950	16,421
	Publicity Governenoe costs (see note 9)				1,407 ~58014 ~909 36	10000	643 ~291069	?„050 58014 ~1.210605	5,294 67391 ~1.227 90
9	Anslysb ofgavernaace coster							2021	2020
									8
	Salaries, National Insurance	end pension						38,880	42,178
	Travel and subsistence							175	621
	Audit fees and other professional			charges				7,156	13,877
	General office							9,226	8,376
	Depreciation							1,195	1,197
	Bank charges							1,017	671
	Subscriptions							365	306
	Room hire							~58 014	165 ~67 391
10	Net Incoraing Resources							2021	2020f
	This is stated ager charging:
	Depreciation Auditor's remuneration							10,018 ~5970	10,320 ~5970

Staff Costs aad Trustees'	Staff Costs aad Trustees'	remuneration	2021	2020
				8
Wages and salaries			923,449	923,647
Emptoyef sNational Pension costs	Insurance		22,354 24,872	22,157 ~22966
			970,675	968.770
No employee received emoluments		of660,000or over (2020:Nil)
The average number	ofemployees	wss:	2021	2020
			Number	Number
Welfare services workers			105	114
Welfare services stafF			7	7
Information and advice				6
Administration			8	8
				135
Full time			5	5
Part Time			121	130
				13$

14	Tangible Fixed Assets
	Group snd Charity	Leasehold	Computers	Oglce	Other
		Improvements	dt Software	Equipment	Equipment		Total
		8	f,		8
	Cast
	At beginning ofyear	45,588	7$,160	32,092	23,159	7,194	186,193
	Additions		4,106	588	3,589		8,283
	Disposals		(3,486)				(3,486)
	At end ofyear	45388	7II7$0	~3680	2((748	7.194	190,990
	Depreciation
	At beginning ofyear	42,652	70,869	27,671	16,060	5,396	162,64$
	Charge for year	391	2,959	1,243	3,986	1,439	10,018
	Disposals		(3,486)				(3,4$6)
	At end ofyear	~43043	~70342	28,914	20.046	6,835	169 180
	Net BookValue at end ofyear	~2545	8438	3766	6,702	359	~21810
	Net BaokValue atbeginning ofyear	~936	~7291	~4421	~7099	1,798	~23 545
15	Stack			Grou		Char'
				2021	2020f	2021 6	2020f
	Christmas cards			478	96	47$	96
	Postage stamps			181	57	181	57
	Keysafcs			2,603	1,670	2,603	1,670
	Uniforms			3,363	2,520	3,363	2,520
	Aids			97		97	97
	Persomd Alarms			69 ~6791	86 4526	69 6 791	$6 4526
16	Debtors					Chari
				2021f	2020 f	2021	2020f
	Tmde debtors: welfare services Prepayments and accrued income			117,506 ~21639 139145	iQ4,001 'I7.145 12046	117,506 29 820 147326	104,001 21 305 125.306

17	Creditors - Amounts	falling due	Group		Chari
	within one year		2021	2020 f	2021	2020 8
	Accruals		13,732	30,630	13,732	30,630
	Other taxation snd Social Security		6,622	6,298	6,622	6398
	Other creditors		31. 67	44 674	31,567	44674
			51921	81,602	51921	81,602
18	Creditors - Amounts	falling due ager	Grou		Churl
	more than one year		2021 f	2020 f	2021 f.	2020 f
	Pension deficit		11142	14616	11,142	14010

funds wss as follows'	-
					At Ivt30	Incomiag	Outgoiag	At31.3.21
						8	8	8
People Fund					2,006			2,006
Advice services						220,394	(220394)
Welfare services						70,299	(70399)
Wanner/Healthy		Homes Hardship		Fund	2,200		(376)	1.824
Fund for Disedvsntegwl					267			267
Total Restricted		Funds
					At IA.19	Iacommg	Ouigmng	At 3L3.20
						8
People Fund					2,006			2,006
Advice services						119,623	(119,623)
Welfare services						31,772	(31.772)
Warmer/Healthy		Homes	Hardship	Pund	2328		(328)	2,200
Fund for Disedvorltogcrl					267			267
Total Resuicted		Funds						4473
Desigaeled Puads					At 1rg20 8	Iacomingf	Outgaiagf	Troasfem 8	At 3L3.21 8
Peosion Fund							(I0,000)
Age UK Buchiughemshire			Acquisition
Total Designated		Funds
					At L4.19 f	Incomiag f	Outgoing 8	Tmnsfem	At 31.3.20f
Pension Fund					20,00D		(10.000)		10,000
Age UK Buchnghemshire			Acquisition		6,0DD		(7,832)	1.832
Total Designated		Funds					17 2	I 832	~10DDD
Unrcstsicted Funds	- Group				At1.430f	Iacomlag	Outgoing 8	Treosfcm	At31331
Accumulated	Trusl Fund				130,991	I,033306	(922,880)		241,617
Non-charitable	trading fund
									24i 617
					At1.4.19	Incomiag 8	Outgoing	Tmnsfers	At31330f
Accumulated	Trust Fund				165,152	1,038,719	(1,071,048)	(1,832)	130,991
Non-charitable		trading fund						~1832	~)30991
Uarestricted Fuads - Charity
					At1.4.20	Iacamiagf	Outgoing	Transfers 8	At31.3.21 f
Accumulated	Trust Fund				130.992	1,033,506	(922,880)		241,618
									241 18
					At 1.4.19	Iomtasiag	Oolgolttg	Transfem	At31.3.20
					8				8
Accumulated	Trust Fund				165,153	1,0311,719	(I,D71,048)	(1,832)	130,992
								~1832	130992

			2021	2020
Net movement in funds			100,250	(50,489)
Add back depreciation	charge		10,018	10,320
Add back lass on disposal				97
Deduct interest income	shown in
investing activties			(47)	(123)
Decrease (incresse) in	stock		(2,265)	371
Increase in debtors Decrease in creditors			(17,999)	(17,147) ~403
Net cash provided by	(used in) operating	actvities	609	~62.26

Operating Lease Commin	aent	s	s	s
		Anausl				Years		Year 1
		commihneat					left	2021	Yrs 2to	5	Year 5+
							8			8
Photocopier					1,181		3.00	1,181	2,362
Franking machine					1,493		2.00	1,493	1,493
Pmperty				51,459			3.00	51,459	106,026
								54 133	109881
CONSOLIDATED STATEMENT				OF FINANCIAL ACTIVITIES (iacluding Consolidated								Income aad
Expeaditure Account) FOR		THE YEAR				ENDED 31MARCH			2020
														Total
								Unrestricted	Desigaeted		Restricted			Funds
								Funds	Funds		Funds			2020
										8		8		8
Income and Eadowmeais
Donations end legacies								26,889						26,889
Income from charitable activities:
Grants from public authorities			and other grants								151,395			151,395
Welfare services								966,300						966,300
Income front other trading	acttvttiert
Other non charitable trading								44,895						44,&95
Fund raising activities								512						512
Investment income														123
Total iacome and endowments								1030799			~308		I	190114
Expeaditure
gxpendimre on raising funds
Other non charitable trading								13 3						13213
								13313						13,213
gxpendtture on charitable	activities							1,057,835	17,832		151,723		1327390
Total expeaditure								~871040	~17	2	I 1	23	~8	~II 113
Net incotne/(expeaditure)								(32429)	(175832)		(328)			(50,489)
Transfers between funds								(1,832)	1,832
Net movement in funds for the year								(349161)	(163810)		(328)			(50~9)
Reconciliatioa offunds
Total Funds brought forward		at 1 April 2019						165,152	26,000		4,801			195,953
Total Fuada carried forward			at31		March		2020	130991	10	000	4573			14599