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|CONTENTS|Page|
|---|---|
|Iatroduction
und Chairman's
Report||
|Report ofthe Trustees|1-7|
|Report ofthe Independent
Auditors|8-10|
|Consolidated
Statement ofFinancial Activities||
|Coasolidated
aad Parent Cbaritf Balance Sheets|12|
|Consolidated
Statement ofCash Flows|13|
|Notes tothe Financial Statemeats|14-26|
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|
Accouat) FOR THK YEAR E|NDED 31|MARC|H 2023|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Total||Total|
||Note|Unrestricted
Funds||Designated
Funds||Restricted
Funds|Fuads
2023||Funds
2022|
||||8||5|8||||
|Iacome and Endowments||||||||||
|Donations
end
legacies|||23,786||||23,786||47,447|
|tucome Pom charitable||||||||||
|activities:||||||||||
|Grants from public||||||||||
|authorities
snd other
grants
Welfare services||46,466
1,259,105||||119,118|165,584
1,259,105|271,395
1,037,572||
|Income from other fradt ng||||||||||
|activities:||||||||||
|Trading subsidiary||||||||||
|Other non charitable
trading|||18,202||||18,202||12,159|
|Fund raising activities||||||||||
|Investment
income|3||473||||473||20|
|Total iacome aad
endowments||I|4th032|||119110|14467350|~1681593||
|Expenditure||||||||||
|Expenditure
on raising||||||||||
|funds||||||||||
|Trading
subsidiary
Other non charitable
trading|||13,822')
(13,822)||||~131221
(13822)|~13478
(13478)||
|Erprndi tare on charitable
octtvitles
Total expenditare|8|(1,430,403)||||(119,184)
~334.384|(1,549,587)
~B489|(1,331,031)
~3||
|Net income/(expenditure)|||(96,193)|||(66)|(96459)||24,084|
|Transfers between funds:||||||||||
|Net movement
in funds for
the year|||(96,193)|||(66)|(96/59)||24,084|
|Reconciliation of I'unde||||||||||
|Total Funds brought
forward
at I April 2022|||265,766|||4,033|269,799||245,714|
|Total Funds carried forward
March 2023|at 31||169573|||3867|173540||269,798|
##
|BALANCE SHEE|TSASA|T31MARC|H 2023|||||
|---|---|---|---|---|---|---|---|
|||||Crau||Charit||
||||Note|2023|2022|2023|2022|
|||||8||5||
|Fixed Assets||||||||
|Investments|||2|||I|I|
|Tangible assets|||14|13 193|15.680|13,193|15,680|
|Total Fixed Assets||||13,193|15,680|13,194|15,681|
|Curr eat Assets||||||||
|Stocks|||15|3,777|4,134|3,777|4,134|
|Debtors|||16|172,646|165,703|173,006|166,170|
|Cash oa shortterm|deposit|||||||
|Cash at bank and in|hand|||101.961|I42 735|101,601|142,268|
|Total Current
Assets||||278,384|312,572|278384|312,572|
|Liabilities||||||||
|Creditors
fatling dne within||one year|17|117255|56634)|(117256)|56634)|
|Net Current Assets||||161&129|255,938|161,128|255,938|
|Total assets less current liabilities||||174322|271,618|174&322|271619|
|Creditors:
falling due after||more||(782)|(1,820)|(782)|(1,820)|
|than one year||||||||
|Nct Assets||||173,540|269,798|173,540|269.799|
|The funds afthe charity:||||||||
|Unrestricted
income|funds||20|169,573|265,766|169,574|265,767|
|Designated
funds|||19|||||
|Restricted income funds|||19|3,967|4,032|3,966|4,032|
|Total charity funds||||173,540|269,798|173.540|269.799|
|||Note||2022|
|---|---|---|---|---|
|Cash used iu operatiag
activities||21||4P06|
|Cash Bows from investiag activities|||||
|||||20|
|Interest income|||||
|Purchase oftangible
ftned assets||14|(4,754)|(3,222)|
|Cash provided
by (used in) investing|||||
|activities|||||
|Cash ttows from fiaancing activities|||||
|Decrease (increase) in cash and cash|||||
|equivalents
in the year|||(40,774)|1,704|
|Cash and cash equivalents
at the|||||
|beginning ofthe year|||142,735|141,031|
|Total cash and cash equivalents|at||||
|the end ofthe year|||101tr6l|142.735|
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||||||2022|
|---|---|---|---|---|---|
||||||g|
|Profit aad lass account:||||||
|Turnover||||||
|Salaries, National
Insurance|and pension|||||
|Travel and subsistence||||||
|Stafftraining smi recruitment||||||
|Rent, cleaning and utilities||||||
|Telephone,
postage, stationery||and iT||||
|Repairs, renewals
and insurance||||||
|Depreciation||||||
|Miscellaneous||||||
|Publicity||||||
|Audit Fees||||||
|Operating
profit||||||
|Gift Aid paid to Age UK Bedfordshire|||Ltd|||
|Profit / Loss for the year||||||
|Profit and loss account brought||forward||||
|Profit and loss account cerned||forward||||
|Balance Sheet||||||
|Curmnt assets:||||||
|Debtors
Cash at bank snd in hand
Current Liabilities:
Intercompany
account||||361
~3N
1|467
~466|
|Represeated by:||||||
|Share capital||||||
|Profit and loss account||||||
##
|Iacome from doaations aad legsciesr|||||||
|---|---|---|---|---|---|---|
|||Uarestricted||Restricted|Total|Total|
|||Funds||Fuads
f.|2023f|2022f|
|Donations||11,032|||11,032|6,467|
|Legacies||2|4||12714|4D 99D|
|||37|6||23 7116|47 447|
|Other non charitable trading income:|||||||
|||Funds||Funds|2823f|2022|
|Other income||18,202
18,202|||18,202
12,159
292» IM||
|Grants from government
or public||Unrestricted||Restricted|Total|Total|
|authorities
aad other grants received:||Feedsf||Fundsf|2823|2022|
|Bedford Bomugh Council Social Services||||14,355|14,355|14,355|
|Central Bedfordshire
Social Services||||31,721|31,721|29,785|
|Age UK Handyperson
Project||||7,275|7,275|11,389|
|Central Bedfordshire
Council TFN||||9,053|9,053|8,500|
|Bedford Borough Council - TFN||||8,000|8,000|8,000|
|Bedford Borough Council - Outbreak
Management||||19,804|19,804||
|Bedford Borough Council - GSFW Campaign||||3,333|3,333||
|HMRC Coronavirus
Job Retention
Scheme||||||4,779|
|Bedford Borough Council COVID Grants||||||3,162|
|Bedford Borough Council Infection Control Grant||||||12,000|
|Central Bedfordshire
Infection Control Grant||||||54,800|
|Bedford Borough Council Vaccine Inequalities|Grant|||||4,930|
|Central Bedfordshire
Vaccinations
Grant||||2,000|2,000|1,800|
|Central Bedfordshire
British Red Cross Handover||||||17,013|
|Central Bedfordshire
A &EReduction||||||33,196|
|Age UK MCST Dementia Project||||12,555|12,555||
|Age UK Cost ofLiving Response Fund||||3,077|3,077||
|The Wixamtree
Trust||||||10,000|
|Groundwork
UK - Tesco 'Golden Grant'||10,000|||10,000||
|Groundwork
UK One Stop Community
Partnership||||500|500|1,000|
|Tesco —Groundwork
Community
Grant||||125|125||
|NHS Link Project||||7,320|7,320|22,186|
|Anglian
Water Priority Services Register||||||1,500|
|Bedford Borough Council - Ageing Well||7,800|||7,800|$,000|
|Bedford Borough Council -Hot Boxes||||||10,000|
|Central Bedfordshire
Council - Hot Boxes||26,666|||26,666|10,000|
|Sainsburys
The Neighbourly
-Hot Boxes||||||1,000|
|Age UK Winter Health Grant||2,000|||2,000|2,000|
|Age UK Extreme Weather Grant||||||2000|
|||46 466||119.119|1619r4|271,393|
##
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|7|Resources expended
on aoa
charitable
activities:|Unrestmcted
Funds|Desigaated
Funds|Restrscted
Fundsf|Total
2023f|Total
2022
f.|
|---|---|---|---|---|---|---|
||Salaries, National
Insurance
and
pension|13,822|||13,822|13,478|
||Travel aod subsistence||||||
||Rent, cleaning and utilities||||||
||Pood - Sandy lunch club||||||
|||138|||13.822|13478|
|8|Resources expended oa charitable
activities:|Unrestricted
Funds|Designated
Fundsf|Restricted
Fundsf|Total
2023|Total
2022f|
||Salaries, National
Insurance
and
pension
Welfare services
—workers' wages
Stafftraining
and recruitment
Travel and subsistence
Rent, rates, cleaniog and utilities
Telephone, postage, stationery
and IT
Repairs, renewals & insurance
Depreciation
Bad debts
Miscellaneous
Publicity
Governance
costs (see note 9)|280,359
826,259
6,445
96,218
50,168
44,610
10,128
4,821
6,982
19,520
6,080
78 813
1438493||81,240
2,780
633
1,541
18,700
8,440
2,346
1,543
23
1,186
752
119181|361,599
829,039
7,078
97,759
68,868
53,050
12,474
6,364
7,005
20,706
6,832
78813
~1749 87|327,210
681,022
10,970
84,639
62,647
49,737
15,687
8,223
4,981
20,188
2,436
63 291
1,331,031|
|9|Analysis ofgovernance
costs:||||2023f|2022|
||Salaries, National
Insurance
and
pension
Travel and subsistence||||47,576
233|36,186
344|
||Audit fees and other professional
charges
General office
Depreciation
Bank charges||||16,626
11,100
796
1,882
403|13,609
10,265
1,130
1,374
383|
||Subscriptions||||197||
||Room hire||||78813|43.391|
##
|||||2023|2023|2022|
|---|---|---|---|---|---|---|
|10|Net Incoming Resources||||f||
||This is stated atter charging:||||||
||Depreciation|||7,160||9,352|
||Auditor's
remuneration|||9.6|0|7,416|
|11|Staty Costs and Trustees' remuneration||||||
|||||2023||2022|
||Wages and salaries|||1,200,972||1,023,775|
||Employer's
National|Insurance||32,50E||26.gtg|
||Pension casts|||18555||727|
|||||25 055||.05 .807|
||One employee received emoluments||af660,000or over (2022:One)||||
||The average number|ofemployees|was:|2023||2022|
|||||Number||Number|
||Welfare services workers|||131||110|
||Welfare services staff|||||7|
||Information
and advice||||||
||Administration||||||
|||||151||130|
||Full time|||||3|
||Part Time|||163||122|
|||||151||470|
##
##
##
|14|Tangible Fixed|||||||
|---|---|---|---|---|---|---|---|
||Assets||Computer|||||
|||Leasehold|s|ORice|Other|||
|||Improvement
f|86
Soilwaref|Equipment|Equipmen
tf||Total|
||Cost|||||||
||At beginning of
year
Additions
Disposals|45,588|78,780
(5,000)|32,928
839
(9,999)|29,382
3,915
(728)|7,194|193,872
4,754
(15,727)|
||At end ofyear|5, 88|73,718|3761|32,569|7 194|182,899|
||Depreciation|||||||
||At beginning of
year
Charge foryear
Disposals|43,435
391|73,860
2,590
(5,000)|29,745
999
(9,918)|23,958
3,180
(728)|7,194|178,192
7,160
(15,646)|
||At end ofyear|43 826|71.450|20 826|26,410|~7194|169,706|
||Net BookValue at
6 55|1762|233|942|6159||193|
||Net BookValue at
beginning ofyear|2 153|4920|3 183|5424|.|15 6119|
|15|Stock|||Grotl
2023|2022f|?023|2022|
||Christmas
cards
Postage stamps
Keysafes
Uniforms
Aids
Personal Alarms|||276
226
957
2,246
62
10
3777|488
137
735
2,694
70
10
4134|276
226
957
2,246
62
10
3777|488
137
735
2,694
70
10
4134|
|16|Debtors|||2023f|2022f|Char
2023|2022|
||Trade debtors:
welfare services
Prepayments
and
accrued income|||158,984
3 662|136,484
29219|158,98
4
1I43OD'
136,484
29,686||
|||||||1T3,00||
|||||172646|16 793|6|166173|
##
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|Creditors - Amounts|falling due|Group||Chari||
|---|---|---|---|---|---|
|within
one year||2023|2022|2023|2022|
||||f|||
|Accru ala||9,096|9,600|9,096|9,600|
|Other taxation snd Social Security||18,973|12,014|18,973|12,014|
|Other creditors||89 186|35020|89,187|33 030|
|||17255|56634|117316|663|
|Creditors - Amounts|falling due after|Group||||
|more than one year||2023|2022|2023|2022|
|||f||f|f|
|Pension deficit||II|III|782|1,820|
##
##
|nds was as follow|s:-||||||
|---|---|---|---|---|---|---|
|||||||At|
||||At 1.4.22|Incoming|Outgoing|31.3Z3f|
|People Fund|||2,006|||2,006|
|Advice services||||98,694|(98,694)||
|Welfare services||||20,424|(20,424)||
|Warmer/Healthy|Homes Hardship|Fund|1,759||(65)|1,694|
|Fund for Disadvantaged|||267|||267|
|Total Restricted|Funds||41132|119118|19183|394|
|||||||At|
||||At 1.4.21f|Iueoiningf|Outgoing|31322|
|People Fund|||2,006|||2,006|
|Advice services||||91,984|(91,984)||
|Welfare services||||76,449|(76,449)||
|Warmer/Healthy|Homes Hardship|Fund|1,824||(65)|1,759|
|Fund for Disadvantaged|||267|||267|
|Total Restricted|Funds||4,097|768 433|~168498|4,032|
##
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##
|siaated
Fund|s|||||||||
|---|---|---|---|---|---|---|---|---|---|
|g
|||||||||At|
||||||At 1.4.22|Incoming|Outgoing
f|Transfers
f|31.3.23
f|
|Pension Fund||||||||||
|Age UK Buckinghamshire||||Acquisition||||||
|Total Designated||Funds||||||||
||||||||||At|
||||||AtIABI
f|lacoming|Outgoing|Transfers|31.3.22
f|
|Pension Fund||||||||||
|Age UK Buckinghamshire||||Acquisition||||||
|Total Designated||Funds||||||||
|restricted
Funds - Group|||||||||At|
||||||At 1.422f|Incomingf|0utgoiag
f.|Transfersf|31.3.23|
|Accumulated|Trust Fund||||265,766|1,348,032|(1,444,225)||169373|
|Non-charitable|trading||fund||265 766|I 346 D52|~L444|—|~169 73|
||||||||||At|
||||||At 1.4.21
f|Ineomiag|Outgoing
f|Transfers
f|312.22
f|
|Accumulated|Trust Fund||||241,617|13005160|(1,176,01I)||265,766|
|Non-charitable||trading|fund||241617|~IOll. lSI|~II78DII||265,766|
|arestricted
Funds - Charity|||||||||At|
||||||At 1.422|Incomiagf|Outgoing
f.|Traasfers
f|3L323|
|Accumulated|Trust Fund||||265,767|1,348,032|(1,444,225)||169,574|
||||||265767|I 346 D32|~11.444
25||169574|
||||||||||At|
||||||At IA.21|Incoming
f|Outgoing|Traasfers|31.322f|
|Accumulated|Trust Fund||||24'1,618|1,200,160|(1,176,011)||265,767|
||||||*416111|\ 208.188|~l. 76 O3l||265,767|
##
##
|||2023|||
|---|---|---|---|---|
||Unrestricted|Designated|Restricted|Total|
||Funds|Funds|Funds||
|||8|||
|Tangible Fixed Assets|13,193|||13,193|
|Net Current Assets
Creditors ofmore than one year|157,162
~782||3,967|161.129
~752|
||69 57||3.463|173540|
|||2022|||
||Unrestricted|Designated|Restricted|Total|
||Funds|Funds|Funds||
|||f|f||
|Tangible Fixed Assets|15,680|||15,680|
|Net Current Assets
Creditors ofmore than one year|251,906
~1820||4,032|255,938
~3820|
||265,766||4D32|269 79|
|||||2023|2022|
|---|---|---|---|---|---|
|||||f|f|
|Net movement
in funds||||(96,258)|24,084|
|Add back depreciation|charge|||7,160|9352|
|Add back loss on disposal||||81||
|Deduct interest income|shown|in investing|activities|(473)|(20)|
|Decrease (increase) in|stock|||357|2,657|
|Decrease (increase) in|debtors|||(6,943)|(26458)|
|Increase (decrease) in creditors
Net cash used ia operating activities||||59 83
~36,493|~4609
4.9D!|
##
##
##
|2023|Annual
commitmeat|Years
lait|YearI
2023|Years 2 to5|Years 2 to5|Year 5+|
|---|---|---|---|---|---|---|
|Photocopier
Franking machine
Property|1,181
1,919
54,688|1.00
6.00
1.00|1,181
1,919
54,688||7,676|1,919|
||||67 788||7676|1919|
|2022|Anaual|Years|Year I|||
|---|---|---|---|---|---|
||commitment|left|2022f|Yrt 2to 5f|Year 5+|
|Photocopier|1,181|2.00|1,181|1,181||
|Franking machine||||||
|Property|1,493
53,063|1.00
2.00|1,493
53,063|54,688||
||||55.737|55.869||
|Expenditure
Account) F|OR|THE YEAR EN|DED 31MARCH|2022|||||
|---|---|---|---|---|---|---|---|---|
|||||||||Total|
||||Unrestricted|Designated||Restricted||Funds|
||||Funds|Funds||Funds||2022|
||||||6||5|6|
|Income and Endowments|||||||||
|Donations
and legacies|||47,447|||||47,447|
|Income from charttable
activities:|||||||||
|Grants from public authorities||and other|||||||
|grants|||102,962|||168,433||271,395|
|Welfare services|||1,037,572|||||1,037,572|
|IncoerePom
otiter trading|activities:||||||||
|Other non charitable trading|||12,159|||||12,159|
|Fand raising activities|||||||||
|Investment
income|||20|||||20|
|Total income and eadowments|||n 163|||166463||~3"" 93|
|Expeaditure|||||||||
|Expenditure
on raising funds|||||||||
|Other non charitable trading|||13478|||||13478|
||||(13,478)|||||(13,478)|
|Expenditure
on charitable|aciivi ties||(1,162433)|||(168,498)||(1,331,031)|
|Total expeaditure|||1 176011|||~9696|93|~3344|
|Net income/(expenditure)|||24,149|||(65)||24,084|
|Transfers
between fuads|||||||||
|Net movemeat
in fuads forthe year|||24,149|||(65)||24,084|
|Recoaciliation offunds|||||||||
|Total Funds brought
forward at 1 April 2021|||241,617|||4,097||245,714|
|Total Funds carried forward||at 31March|||||||
|2022|||265,766|||4,|3|269,798|