=~ «@ Bedfordshire ra ~agevuK ~~Age UK Bedfordshire Trustees’ Annual Report and~~ Consolidated Financial Statements
Year Ended 31 March 2025
Company Registration Number — 4160627 (A Company Limited by Guarantee) Registered Charity Number - 1090535
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AGE UK BEDFORDSHIRE
TRUSTEES ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR
THE YEAR ENDED 31 MARCH 2025
CONTENTS Page
Introduction and Chairman’s Report 1
Report of the Trustees 1-5
Report of the Independent Auditors 6-8
Consolidated Statement of Financial Activities 9
Consolidated and Parent Charity Balance Sheets 10
Consolidated Statement of Cash Flows 11
Notes to the Financial Statements 12 - 25
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AGE UK BEDFORDSHIRE Report to the Trustee’s for the year ending 31 March 2025
Introduction
The Trustees present their annual report and the consolidated financial statements of Age UK Bedfordshire for the year ended 31 March 2025. These statements have been prepared in accordance with the Companies Act 2006 (provisions applicable to small companies) and the Charities Statement of Recommended Practice (SORP) FRS 102 (2015).
Chair’s Report
As we reach the end of another year of providing services to elderly people in Bedfordshire, it gives us time to reflect on the achievements of the last year and measure outcomes against our identified Purpose and Objectives articulated on page 2 of this document.
We have completed another full year of activities. We have continued to provide a range of high-quality welfare & support services to our client group; the volume of provision has continued to increase with excellent feedback from clients being reported. To maintain such a service in a highly competitive market requires constant diligence to attract adequate resources and then skilful management of human resources, commodities, and the scope of the daily activities, all of which have been achieved. We sadly lost our long - standing CEO during March 2024 after her long battle with illness. We have been able to fill both the CEO and Deputy CEO posts with excellent candidates, who with their team of employees and volunteers have continued maximise outcomes to our client group.
Funding has successfully been secured from a cross section of contracts with the statutory sector plus a mix of other sources to ensure ongoing financial viability is not reliant on limited funding streams. The standards of service, provision achieved, with proactive leadership and sound management have continued to be confirmed by external scrutiny. Time during the year has been spent preparing for a full Age UK Network Charity Standard Review in May 2025. The team, including the trustees, have taken the opportunity to use the preparation activities in a positive way to review established systems and processes in place, to update them and make changes providing us with a firm base on which to plan for the future.
The Trustees have met regularly face to face with our new CEO & Deputy CEO; the appointment of two new trustees has brought additional skills, knowledge and experiences to the board. Discussions are always robust, constructive, and productive, demonstrating an understanding that whilst our roles and responsibilities are specific, they are inter- related, and to ensure safe high-quality outcomes for our client group we must work in partnership as a team to successfully bring all the strands together; this we have achieved.
My thanks to our CEO, Deputy CEO, and my fellow trustees for their support during my fourth year as the Chair of Trustees and to the team of employees and volunteers who always demonstrate high professional standards as the public face of the organisation.
Rita Ceaumont
Rita Beaumont Chairman
10 December 2025
1
Volunteers
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Trustees
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Auditors
Bankers
Solicitors
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17/12/2025
AGE�UK�BEDFORDSHIRE
CONSOLIDATED�STATEMENT�OF�FINANCIAL�ACTIVITIES�(including�Consolidated�Income�and�Expenditure�Account) FOR�THE�YEAR�ENDED�31�MARCH�2025
| Note IncomeandEndowments Donationsandlegacies 4 Incomefromcharitableactivities: Grantsfrompublicauthoritiesandothergrants 6 Welfareservices Incomefromothertradingactivities: Tradingsubsidiary 2 Othernoncharitabletrading 5 Fundraisingactivities Investmentincome 3 Totalincomeandendowments Expenditure Expenditureonraisingfunds Tradingsubsidiary 2 Othernoncharitabletrading 7 Expenditureoncharitableactivities 8 Totalexpenditure Netincome/(expenditure) Transfersbetweenfunds: Netmovementinfundsfortheyear Reconciliationoffunds TotalFundsbroughtforwardat1April2024 TotalFundscarriedforwardat31March2025 |
Unrestricted Funds £ 32,152 19,270 1,797,843 - 13,204 - 3,634 1,866,103 - (13,745) (13,745) (1,715,343) (1,729,088) 137,015 (8,200) 128,815 291,160 419,975 |
Designated Funds £ - - - - - - - - - - - - - - 8,200 8,200 - 8,200 |
Restricted Funds £ - 78,258 - - - - - 78,258 - - - (78,330) (78,330) (72) - (72) 3,967 3,895 |
Total Funds 2025 £ 32,152 97,528 1,797,843 - 13,204 - 3,634 1,944,361 - (13,745) (13,745) (1,793,673) (1,807,418) 136,943 - 136,943 295,127 432,070 |
Total Funds 2024 £ 4,578 194,393 1,613,082 - 16,375 - 2,472 1,830,900 - (14,499) (14,499) (1,694,814) (1,709,313) 121,587 - 121,587 173,540 295,127 |
|---|---|---|---|---|---|
The�Statement�of�Financial�Activities�includes�all�gains�and�losses�recognised�in�the�year.��All�income�and expenditure�derive�from�continuing�activities.
9
| Group Charity |
|
|---|---|
| Note Investments 2 14 Fixed Assets Tangible assets |
2025 2024 2025 2024 £ £ £ £ - - 1 1 12,931 12,218 12,931 12,218 |
| Stocks 15 Debtors 16 19 Total Fixed Assets Current Assets Cash on shortterm deposit Cash at bank and in hand |
12,931 12,218 12,932 12,219 5,558 4,346 5,558 4,346 254,143 313,485 254,314 313,751 - - - - 240,772 73,826 240,601 73,560 |
| Liabilities Creditors 17 Total Current Assets falling due within one year |
500,473 391,657 500,473 391,657 (80,129) (108,748) (80,129) (108,748) |
| 18 Net Current Assets Total assets less current liabilities Creditors: falling due after more than one year |
420,344 282,909 420,344 282,909 433,275 295,127 433,276 295,128 (1,205) - (1,205) - |
| Net Assets | 432,070 295,127 432,071 295,128 |
| 21 20 20 The funds ofthe charity: Unrestricted income funds Designated funds Restricted income funds |
419,975 291,160 419,976 291,161 8,200 - 8,200 - 3,895 3,967 3,895 3,967 |
| Totalcharityfunds | 432,070 295,127 432,071 295,128 |
Trustees
10
| Note | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| 22 | 169,919 | (25,599) |
| 3 | 3,634 | 2,472 |
| 14 | (6,607) | (5,008) |
| (2,973) | (2,536) | |
| 19 | 166,946 | (28,135) |
| 19 | 73,826 | 101,961 |
| 240,772 | 73,826 |
11
1
a)
b)
c)
d)
f)
g)
1
h)
i)
j)
k)
l)
1
m)
n)
o)
p)
q)
r)
2
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Profit and loss account : | ||
| Turnover | - | - |
| Salaries, National Insurance and pension | - | - |
| Travel and subsistence | - | - |
| Stafftraining andrecruitment | - | - |
| Rent, cleaning and utilities | - | - |
| Telephone, postage, stationeryand IT | - | - |
| Repairs, renewals and insurance | - | - |
| Depreciation | - | - |
| Miscellaneous | - | - |
| Publicity | - | - |
| Audit Fees | - | - |
| Operating profit | - | - |
| GiftAidpaid to AgeUKBedfordshire Ltd | - | - |
| Profit /Loss forthe year | - | - |
| Profit and loss account brought forward | - | - |
| Profit and loss account carried forward | - | - |
| Balance Sheet | ||
| Current assets : |
||
| Debtors | - | - |
| Cash at bank and in hand | 171 | 266 |
| Current Liabilities : |
||
| Intercompany account | (170) | (265) |
| 1 | 1 | |
| Represented by : | ||
| Share capital | 1 | 1 |
| Profit and loss account | - | - |
| 1 | 1 |
15
AGE�UK�BEDFORDSHIRE
NOTES�TO�THE�FINANCIAL�STATEMENTS
3 Investment�income�
All�of�the�group's�investment�income�of�£3,634�(2024:£2,472)�arises�from�money�held�in�interest�bearing�� deposit�accounts.
| 4 Incomefromdonationsandlegacies: Unrestricted Restricted Funds Funds £ £ Donations 8,479 - Legacies 23,673 - 32,152 - 5 Othernoncharitabletradingincome: Unrestricted Restricted Funds Funds £ £ Otherincome 13,204 - 13,204 - 6 Grantsfromgovernmentorpublic Unrestricted Restricted authoritiesandothergrantsreceived: Funds Funds £ £ BedfordBoroughCouncilSocialServices - 14,355 CentralBedfordshireSocialServices - 33,875 AgeUKHandypersonProject - 12,360 CentralBedfordshireCouncilTFN - 9,668 BedfordBoroughCouncil-TFN - 8,000 BedfordBoroughCouncil-GSFWCampaign - - AgeUKMCSTDementiaProject - - AgeUKCostofLivingResponseFund - - Tesco-GroundworkCommunityGrant - - ShellCommunityKindnessGrant - - BedfordBoroughCouncil-AgeingWell - - BedfordBoroughCouncil-HotBoxes - - CentralBedfordshireCouncil-HotBoxes(HSF) 19,270 - 19,270 78,258 |
Total 2025 £ 8,479 23,673 32,152 Total 2025 £ 13,204 13,204 Total 2025 £ 14,355 33,875 12,360 9,668 8,000 - - - - - - - 19,270 97,528 |
Total 2024 £ 4,578 - 4,578 Total 2024 £ 16,375 16,375 Total 2024 £ 14,355 33,875 11,349 9,668 8,000 16,667 13,381 36,923 1,375 1,000 7,800 10,000 30,000 194,393 |
|---|---|---|
16
AGE�UK�BEDFORDSHIRE
NOTES�TO�THE�FINANCIAL�STATEMENTS�Cont/d...
| 7 Resourcesexpendedonnoncharitable Unrestricted activities: Funds £ Salaries,NationalInsuranceandpension 13,745 Travelandsubsistence - Rent,cleaningandutilities - 13,745 8 Resourcesexpendedoncharitable Unrestricted activities: Funds £ Salaries,NationalInsuranceandpension 315,668 Welfareservices-workers'wages 1,054,129 Stafftrainingandrecruitment 7,369 Travelandsubsistence,welfare 100,368 Rent,rates,cleaningandutilities 57,301 Telephone,postage,stationery,copyingandIT 54,646 Repairs,renewals&insurance 10,175 Depreciation 3,808 Baddebts 9,018 Miscellaneous 16,207 Publicity 1,732 Governancecosts(seenote9) 84,922 1,715,343 9 Analysisofgovernancecosts: Salaries,NationalInsuranceandpension Travelandsubsistence Auditfeesandotherprofessionalcharges Generaloffice Depreciation Bankcharges Subscriptions Roomhire 10 NetIncomingResources Thisisstatedaftercharging: Depreciation Auditor'sremuneration |
Designated Restricted Funds Funds £ £ - - - - - - - - Designated Restricted Funds Funds £ £ - 53,451 - 514 - 908 - 806 - 12,296 - 6,857 - 1,381 - 734 - 4 - 1,217 - 162 - - - 78,330 |
Total 2025 £ 13,745 - - 13,745 Total 2025 £ 369,119 1,054,643 8,277 101,174 69,597 61,503 11,556 4,542 9,022 17,424 1,894 84,922 1,793,673 2025 £ 55,892 183 15,804 10,335 554 1,093 798 263 84,922 2025 £ 5,096 10,080 |
Total 2024 £ 14,499 - - 14,499 Total 2024 £ 366,527 969,777 5,750 104,036 69,904 55,447 13,556 5,287 7,091 19,539 4,320 73,580 1,694,814 2024 £ 47,436 288 12,826 10,262 696 1,349 564 159 73,580 2024 £ 5,983 10,140 |
|---|---|---|---|
17
| 11 | StaffCosts and Trustees’ remuneration | 2025 | 2024 | |
|---|---|---|---|---|
| £ | £ | |||
| Wages and salaries | 1,424,095 | 1,338,150 | ||
| Employer's National Insurance | 46,032 | 38,702 | ||
| Pension costs | 23,273 | 21,386 | ||
| 1,493,400 ee |
1,398,238 | |||
| One employee received emoluments of £60,000 or over (2024 | : One) | |||
| The average number ofemployees was: | 2025 | 2024 | ||
| Welfare services workers | Number 144 |
Number 147 |
||
| Welfare services staff | 6 | 6 | ||
| Information and advice | 4 | 4 | ||
| Administration | 8 | 8 | ||
| 162 | 165 | |||
| Full time | 6 | 5 | ||
| Part Time | 156 | 160 | ||
| 162 | 165 | |||
| 12 | Trustees'andkeymanagementpersonnelremunerationand | andexpenses |
18
AGE�UK�BEDFORDSHIRE
NOTES�TO�THE�FINANCIAL�STATEMENTS�Cont/d...
13 Taxation
No�liability�to�corporation�tax�arises�on�the�results�for�the�year.
14 Tangible�Fixed�Assets
| Leasehold Improvements £ Cost Atbeginningofyear 45,588 Additions 1,680 Disposals (42,561) Atendofyear 4,707 Depreciation Atbeginningofyear 44,217 Chargeforyear 409 Disposals (41,779) Atendofyear 2,847 NetBookValueatendofyear 1,860 NetBookValueatbeginningofyear 1,371 15 Stock Christmascards Postagestamps Keysafes Uniforms Grabrails Aids PersonalAlarms 16 Debtors Tradedebtors:welfareservices Prepaymentsandaccruedincome |
Computers &Software £ 75,629 786 (40,481) 35,934 73,207 1,231 (40,481) 33,957 1,977 2,422 |
Office Equipment £ 24,147 1,231 (4,868) 20,510 21,415 513 (4,852) 17,076 3,434 2,732 Group 2025 £ 153 290 949 3,721 445 - - 5,558 Group 2025 £ 240,709 13,434 254,143 |
Gardening Equipment £ 35,349 2,910 (14,679) 23,580 29,656 2,943 (14,679) 17,920 5,660 5,693 2024 £ 311 112 882 2,963 - 49 29 4,346 2024 £ 294,062 19,423 313,485 |
Van £ 7,194 - - 7,194 7,194 - - 7,194 - - Charity 2025 £ 153 290 949 3,721 445 - - 5,558 Charity 2025 £ 240,709 13,605 254,314 |
Total £ 187,907 6,607 (102,589) 91,925 175,689 5,096 (101,791) 78,994 12,931 12,218 2024 £ 311 112 882 2,963 - 49 29 4,346 2024 £ 294,062 19,689 313,751 |
|---|---|---|---|---|---|
19
| 17 | Creditors - Amounts falling due | Group Charity |
|---|---|---|
| Accruals within oneyear Intercompany Other taxation and Social Security Other creditors |
2025 2024 2025 2024 £ £ £ £ - - - - 10,080 9,006 10,080 9,006 12,663 37,740 12,663 37,740 57,386 62,002 57,386 62,002 |
|
| 80,129 108,748 80,129 108,748 |
||
| 18 | Creditors - Amounts falling due after | Group Charity |
| more thanone year Pension deficit |
2025 2024 2025 2024 £ £ £ £ 1,205 - 1,205 - |
|
| 19 | Cash and cash equivalents | Group Charity |
| Cash in bank Cash at hand |
2025 2024 2025 2024 £ £ £ £ 240,601 73,560 240,533 73,452 171 266 68 108 |
|
| 240,772 73,826 240,601 73,560 |
20
AGE�UK�BEDFORDSHIRE
NOTES�TO�THE�FINANCIAL�STATEMENTS�Cont/d...
20 Movement�in�Funds
Restricted�Funds
The�allocation�of�incoming�resources�and�resources�expended�between�the�various�restricted� funds�was�as�follows:-
| PeopleFund AdviceandSupportservices Welfareservices Warmer/HealthyHomesHardshipFund FundforDisadvantaged TotalRestrictedFunds PeopleFund Adviceservices Welfareservices Warmer/HealthyHomesHardshipFund FundforDisadvantaged TotalRestrictedFunds DesignatedFunds Charitylogsetup-WelfareServices TotalDesignatedFunds TotalDesignatedFunds UnrestrictedFunds-Group AccumulatedTrustFund Non-charitabletradingfund AccumulatedTrustFund Non-charitabletradingfund UnrestrictedFunds-Charity AccumulatedTrustFund AccumulatedTrustFund |
At1.4.24 £ 2,006 - - 1,694 267 3,967 At1.4.23 £ 2,006 - - 1,694 267 3,967 At1.4.24 £ - - At1.4.23 £ - - - At1.4.24 £ 291,160 - 291,160 At1.4.23 £ 169,573 - 169,573 At1.4.24 £ 291,161 291,161 At1.4.23 £ 169,574 169,574 |
Incoming £ - 55,826 22,432 - - 78,258 Incoming £ - 88,249 58,344 - - 146,593 Incoming £ - - Incoming £ - - - Incoming £ 1,866,103 - 1,866,103 Incoming £ 1,684,307 - 1,684,307 Incoming £ 1,866,103 1,866,103 Incoming £ 1,684,307 1,684,307 |
Outgoing £ - (55,826) (22,432) (72) - (78,330) Outgoing £ - (88,249) (58,344) - (146,593) Outgoing £ - - Outgoing £ - - - Outgoing £ (1,729,088) - (1,729,088) Outgoing £ (1,562,720) - (1,562,720) Outgoing £ (1,729,088) (1,729,088) Outgoing £ (1,562,720) (1,562,720) |
At31.3.25 £ 2,006 - - 1,622 267 3,895 At31.3.24 £ 2,006 - - 1,694 267 3,967 Transfers £ 8,200 8,200 Transfers £ - - - Transfers £ (8,200) - (8,200) Transfers £ - - - Transfers £ (8,200) (8,200) Transfers £ - - |
At31.3.25 £ 8,200 8,200 At31.3.24 £ - - - At31.3.25 £ 419,975 - 419,975 At31.3.24 £ 291,160 - 291,160 At31.3.25 £ 419,976 419,976 At31.3.24 £ 291,161 291,161 |
|---|---|---|---|---|---|
21
AGE�UK�BEDFORDSHIRE
NOTES�TO�THE�FINANCIAL�STATEMENTS�Cont/d...
| 21 AnalysisofNetAssetsBetweenFunds TangibleFixedAssets NetCurrentAssets Creditorsofmorethanoneyear TangibleFixedAssets NetCurrentAssets Creditorsofmorethanoneyear |
Unrestricted Funds £ 12,931 408,249 (1,205) 419,975 Unrestricted Funds £ 12,218 278,942 - 291,160 |
Designated Restricted Funds Funds £ £ - - 8,200 3,895 - - 8,200 3,895 Designated Restricted Funds Funds £ £ - - - 3,967 - - - 3,967 2025 2024 |
Total £ 12,931 420,344 (1,205) 432,070 Total £ 12,218 282,909 - 295,127 |
|---|---|---|---|
22 Reconciliation�of�net�movement�in�funds�to�net�cash�flow�from�operating�activities
| Netmovementinfunds Addbackdepreciationcharge Addbacklossondisposal Deductinterestincomeshownin investingactivties Decrease/(increase)instock Decrease/(increase)indebtors Increase/(decrease)increditors Netcashusedinoperatingactvities |
2025 £ 136,943 5,096 798 (3,634) (1,212) 59,342 (27,414) 169,919 |
2024 £ 121,587 5,983 - (2,472) (569) (140,839) (9,289) (25,599) |
|---|---|---|
23 Related�Party�transactions
There�were�no�reportable�related�party�transactions�in�the�year.
22
AGE�UK�BEDFORDSHIRE
NOTES�TO�THE�FINANCIAL�STATEMENTS�Cont/d...
24 Operating�Lease�Commitments
| 2025 Annual Years Year1 commitment left 2025 £ £ £ Photocopier 1,142 4.00 1,142 Frankingmachine 1,919 4.00 1,919 Property 56,898 11.00 56,898 59,959 2024 Annual Years Year1 commitment left 2024 £ £ £ Photocopier 1,142 5.00 1,142 Frankingmachine 1,919 5.00 1,919 Property 55,782 12.00 55,782 58,843 |
Yrs2to5 £ 3,426 5,757 239,200 248,383 Yrs2to5 £ 4,566 7,676 234,510 246,752 |
Year5+ - - 396,273 396,273 Year5+ - - 457,861 457,861 |
|---|---|---|
The�operating�lease�payments�recognised�as�an�expense�during�the�year�totalled�£58,843�(2024:�£57,788).
23
AGE�UK�BEDFORDSHIRE
NOTES�TO�THE�FINANCIAL�STATEMENTS�Cont/d...
- 25 CONSOLIDATED�STATEMENT�OF�FINANCIAL�ACTIVITIES�(including�Consolidated�Income�and� Expenditure�Account)�FOR�THE�YEAR�ENDED�31�MARCH�2024
| IncomeandEndowments Donationsandlegacies Incomefromcharitableactivities: Grantsfrompublicauthoritiesandothergrants Welfareservices Incomefromothertradingactivities: Othernoncharitabletrading Fundraisingactivities Investmentincome Totalincomeandendowments Expenditure Expenditureonraisingfunds Othernoncharitabletrading Expenditureoncharitableactivities Totalexpenditure Netincome/(expenditure) Transfersbetweenfunds Netmovementinfundsfortheyear Reconciliationoffunds TotalFundsbroughtforwardat1April2023 TotalFundscarriedforwardat31March2024 |
Unrestricted Funds £ 4,578 47,800 1,613,082 16,375 - 2,472 1,684,307 (14,499) (14,499) (1,548,221) (1,562,720) 121,587 - 121,587 169,573 291,160 |
Designated Funds £ - - - - - - - - - - - - - - - - |
Restricted Funds £ - 146,593 - - - - 146,593 - - (146,593) (146,593) - - - 3,967 3,967 |
Total Funds 2024 £ 4,578 194,393 1,613,082 16,375 - 2,472 1,830,900 (14,499) (14,499) (1,694,814) (1,709,313) 121,587 - 121,587 173,540 295,127 |
|---|---|---|---|---|
24
AGE�UK�BEDFORDSHIRE
NOTES�TO�THE�FINANCIAL�STATEMENTS�Cont/d...
| 26 Analysisofnetdebt Netcash Cashonhandandatbank Netdebt Bankloans Total |
At1April2024 £ 73,826 73,826 - - 73,826 |
Cashflows £ 166,946 166,946 - - 166,946 |
Newdebt £ - - - - - |
At31March2025 £ 240,772 240,772 - - 240,772 |
|---|---|---|---|---|
25