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|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|
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|||||||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|
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|||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|
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||||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'|
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|||||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|
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|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||
##
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|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|
##
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|11|Staff Costs aad Trustees'|Staff Costs aad Trustees'|remuneration|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$|
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|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|
##
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|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|
##
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|
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|
##
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||||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|
##
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|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|
##