REGISTERED COMPANY NUMBER: 04323296 (England and Wales) REGISTERED CHARITY NUMBER: 1091519 ## **ELDERS VOICE** **Report and financial statements for the year ended 31 March 2022** **Elders Voice Report of the Trustees for the year ended 31 March 2022** |**Contents**|Page| |---|---| |CEO Introduction|2| |Trustees’ Annual Report|3-10| |Independent Examiner’s Report|11| |Statement of Financial Activities|12| |(Incorporating an income and expenditure account)|| |Balance Sheet|13| |Statement of Cash Flows|14| |Notes to the Financial Statements|15-23| 1 Elders Voice rt of the Trustees for the ear ended 31 March 2022 CEO IHfRODUCTION Elders vol￿ continues to provide practtcal SUFWrt vthiie promoting the ￿al ￿aue that c with the part￿IpatIon of c4der adults in all aspects of Brerrt life. The start of 2021 saw the reopening of schcols and the k￿down restrictions b￿n9 Itfted. This ds a period of uncertainty for Elder5 Vol￿, our clientele were still the most vulnetable to the effeds ofCOVID 19, yet Nthile a¢ross the country restricti￿S ￿Ere lffted. there was litt￿ guidan regarding the type of support that could be offer&J to older ￿￿e. We needed to balance our mission to deliver safe services. both clEnts and staff while increasing f&e to fa￿ activities aimed to Supp￿ okler Fwile's mental and physical wellbeing. Vle endeavoured to adhere to public health guMJance. mindfijl of our dients, neets, whilst operatiThJ in a dimate of limited income opportunities aThY possible closure of services. In March of 2021. the London Borough of B￿nt ann￿n￿ the rtrtendering of our main seNi¢e contrad (the 'Handyperson and Older Persons Floating SupFMNf) into Iw) separate servt agreements, splitting the Handyperson servi￿ from the Older Peopks FloatirvJ Suppcwi Service, the latter to be delivered a 36% funding CUL In December 2021, we re￿Ved confirmation thatv￿ had been abrdrded the Handyperson serv Gonlra¢t. Elders VoiG¢ had submitted an innovatiye bid for the Floating eupport service that klressed the challenges posed by such subst￿tial and immediate funding cuts. Our tender received the highest score. hcAvever. the commi&8ioner decided to postpone a deeisK)n and r tender the contract in 2022. ￿Ere asked to continue delNering both the Serv￿ as per the rrent combined corrtract up to 31. March 2022. In the summer of2021. the Wellbeing Servi￿ opened its to a small ￿hort of private clients. Unfortunately. the Social Care teams kept on hohj all new referralswhilstthey explored altemaiive approaches to day care semces. Elders Voic*'s reputaticn kn its c(Hlesign of innovative Servi￿ for oklw pwple ￿a5 Steadi groMn9. We Y￿re award&J funding to take this co-design aF4xoa¢h to Ikvelop ways of using music to support both a person INing ￿￿th dementia and their families. Thi8 resuw in a number of vK)rkshoF6 that broughl families together to explore their joint needs, as well as their own ndividual exFETiences (A supporting a loved one living V￿th dementia As part of this wxess, we were atrJe to bring the Royal Philhamonic Orchestra to our Wellbeing Centre for a series of workslw, exploring thewodd of live music and o)nsolidating our profile as an organisalion ab to attra< and s￿)rk in p*tswship with, a vjide range of higK FKrfile nalK)nal organisations. The finance arKI almini%tration team of Etder5 VO￿ ensured that our finances were dilv3ently manw, resources V￿re released to ensure the building ahrdys remained safe for staff and se￿iceS users. and there was inVestn￿t in ne•V IT and communications systems. Policies for e￿ble and lone w)rking were reviewed and imb&lded. Financial siability and goveman ensur8J that Elders vol￿ maintained itsviatm'lty in limes ofuncertainty and change. vthile mthing the (￿ganISation more agik arKI resourcefijl in reacting to ever changing circumstan￿. Elders Voice Re rt of the Truste8s for the ear ended 31 March 2022 Elders Voio is an organisation that thanks to the dgjication and creatNe appr￿h of staff, trustees. and volunteers. is al￿e trj successfulty punch above its theight. We wll continue campaigntng for a more collatrAYatNe approach to developing services ftjr older wple. lealing this narrative wth commissioning teams. kya pM)litiuans, and Ic¢al Social Care teJns. JC￿ CumirKJ-HwJgs CEO TRUSTEES ANNUAL REPORT The Trust*s, w￿* are the direciors of the charity for the purposes of the C(ynpanies Act 2(K6. present their repc*t with the financial staietnents of the charty forthe year ended 31 March 2022 The Tnjstees have adopted the provisions of the Ac£ounting and Repo￿ng by Chariti Statement of Recommend￿ Practice applicable to charities preparing their ￿Ounts in accordance wth the Financial ReFQrting Standard applicable in the UK and Republic of Ireland IFRS102} {effec*ve l j￿Uary 2016). OBJECTIVES AND AcnvmES The Trustees have referred to the guidan￿ contained in the Charity CommissKJn's general guid￿￿ on pufAic benefit vthen revwng me cnanty's aims ana ODieGThes an¢7 In ￿annIng ns future activities. In particular, the Tnjstees consider how planned aLliwties will contribute to the abrns and Obj"￿tiveS that have been set Alms and Objoctlves Elders vol￿ exists to prormte the interests of older FEop4e aged 50 ￿rS and over l1vir￿ wittmn the Lond£￿ Borough of Brent and the Greater London Authority. Eklers Voice belENw that dder people: Have vast life skills and experience that should tr￿ valued by us all Deserve to live a happy. aLli¥e and pu•1 life in the way that ty thw£. That there ￿. Ways opportunibe$ for older peoF4e to get tojetherto kam and (k) the Ihings enjoy. Ways for dder people to influerKe other peLyle's ijeas, policy and practica Elders vol￿ wll b8 mindfijl of the dtfferent ways in vthich oldw p￿pIe are interdeFendenl wilh other people in their lives.. a￿yS ensuring they are giving and recewing 5UPPOrt in Nyays that suit them. Elders Voice Re ort of the Trustees for the ear ended 31 March 2022 STRATEGIES FOR ACHIEVING OWECTIVES. Our key strategw for achiewng our ot4ectives have been revMved.throUgl￿ut the yparat Boanl meetings.. sUp￿t our staff to be inspired by the cause. To continue to ensure Ejders vol￿ is viable and fft for the future., To rA)ntinue to review resources and capacty,. To (x)ntinue to seek funding through tenders and grdnts, and fr(xn trusts arKI foundatiorts.. To conb'nue to work with older people in a safe. reSF￿￿fu1. inwting, holith arKI inspNTing way- a￿y$ ensuring that older pe0F￿e are listened to and set the agerth. To continue to develop our culture of leaming and innOVat￿n To ￿lId on. and create, new partnerships with IcKal community groups and other care organisations and providers- th these partnerships seek out opporttsnit￿ for joint funding ￿1n ne4V fuThling streams. PUBLIC BENEFrrs THAT ARE PROVIDED BY THE COMPANY We aim to: Vvork witti and ft)r older [￿pIe to ampltfy their vous and ensure they can Inffiuer￿ and parb"cipate in the deVelOp￿Ent of more inclusive and appropriate semces. Provide opportunities for older ￿pIe to tackle swal isolati￿, loneliness and exdusion Provide high qualrty. pr￿tical suFptyt that ￿able okler kwle to be safe and secure in the homes of their ch¢J)sing. Create and strengthen partnerships bmth other community groups to erwre older pg)p]e can be active pathpants in their crynmunty. INVESTME1￿ POUCY Elders V0￿'S funds are split betsEen three British banks - Unty Trust BanK CAF Bank and Rethvocrfj Bank. and our inVestn￿nIS ￿e by the Financ￿1 Se￿1￿ Compensation heme. RISK MANAGEME Elders v￿ce'S Irustees, the finance manager and CEO regularfy rewew the risks the Ch￿ is expjsed to. We undertake regular risk assessments on our SeN1￿ and *ivities. All identffiab risks have be￿ exam1T￿l and the appropriate systems. procedures arKI training have ￿en established to rrunimize these risks and ￿1r inpact on the charity. should the maierialise. To mitigate the effect of disasters. we consistently review our project plans, b￿gets, project outc(rn and policies and pro￿u[e5 at Board Meetings aTKI Senior Managemeni meetings. We employ a s[￿cIalIst supFrfyt organization. Ellis Vvhittam. to advise us on our responybilib.es regard to health arHI safety and employment issues. They indemntfy us against any tegal action provided we follow that 8Jvice. The organisation's risk asse&8ment 18 remewed annually by the Board of Trustees to identify and undertake new areas of work. income generdtion and projec* developmvnL and reposition the chaTTty so that rt can operate effectively atatime of (x)ntinu&l reduced public bjnding and th￿ge$ to areas of Servi￿ delNery Elders Voice rt of the Trustees for tho oar ended 31 March 2022 INCOME STREAMS Elders Voi¢e holds servKe Gontrads ￿th the Lon(knn Borough of BrenL 1. Housing Relatod Support S￿4 2. Welllxir¥J Centre 1. Housin Related Su rt Services Vve conb.nue to deliver Ihe Phyjsing Related Support Service and have been doing so sir September 2017. This is a contr￿1 procured from the London Borough of Brent. The requirernent ofthe c£￿tr￿t is to supwrt ohjer wple to SUSts￿ theirtenarries or homes and raJu(* Ihe need for more intensive sUp￿rt. The service aims to help people maintain or regain their independence, in(xease saFety in the home, encourage people to settle into the community, and support the development of setf-reliartr. The contract requires Elders vol￿ to delTr￿r t￿ distinctive Servi￿ elements to achieve this. 1. Fk)ating SupFQrt 2. HandyFerson seNi(e The Fl(•ating Support element of the seThi￿ v￿rkS in collab(Nation with okler rB)ple to: Find apprupriate hwsing for their n￿Js, Ensure they receive tha CLsrrect benefft entrtlement Better manage their finar￿S Acce55 QP5XjrtUni￿. Iu tallevFdesign in the development of new seMces is gr(7thng steadity. We will be cementing this wsriion tOV•Drkwith drfferent stakthlders to develop more effective Se￿￿5 that wll engage a v￿der coh(Yt of okjer people. SUPForting tt*ir dtfferent needs and asFirations. We have taken the ￿rning from our Music and Dementia prO1￿t and have develowj a family- b&acd appr(thh io ￿1￿ a pewaon liMn9 wilh dcmcntio MCmr￿le0 uaing their fve senses. We believe rern1nis(xn￿ approach wll have pJsitNe and lastirg imp&t upon familtes, and moves us foNRrd frcffi our previous drcpin dementia model. This wtll be one of a number ol menKJry-based programmes based wthin our new Memory Hub. We will te looking at the development of a com￿re1a1 am to our Handyperson service. This is a muth loved and trusted seThi￿ across the tM)rough. We believe there is the potential to grDW the servw and will use the next three years to explore, test and develop a range of Lxmnmerctal oppxiunitses, tr) lower the level of relian￿ ort local authority fvnding. Finally, we wll focus on intergenerabonal activities and look to formalise partn￿ShipS wilh organisati￿￿ that work with young peL*. Britain is one of the wodd's most age-segregat countries. yet y￿ have firSt-h￿d experien￿ on how intergenerational xtivities make positive impa¢ts on all involved. reducing stigma, isolati¢Jn and increasing self-confidence and ccKnmunty participalion. We also believe this will increase our opportunities to tap into more diverEe funding Elders Voice Re rt of the Trustees for the ear ended 31 March 2022 STRUCTURE, GOVERNANCE AND MANAGEMENT Etders V0￿e is registeT8J as a Charity V￿th the Charity CommissK)n under registration number 1091519. It is constltuted a5 a company limited by guarantee {Wst[a￿n number 4323296} arMJ is therèlore goveTn&J by its Meffjorandum ofAssociation. Legal reswnsibilty for the management ot the Charity is vested in the Bowd of Trustees. The Board of Trustees met evJht times duting the financial year 2021-2022 Zoom. the meetings Leing attend&Y also by the Chief Executive. the Finan￿ Manajer and the Operatior Manager. At the time ofwriting this report we had six T￿￿$t￿. The Articles of Asso￿allon slate that Eiders Voice can recruit a maximum of fifteen Tn￿tees. AILording to our Articl￿ of Association. Trustees serve a term of three years after whth W must res￿Tr but may offer Vle re(xuit Trustees vtho benefft the Charity V￿th their kn￿ledge of older peoples, Se￿￿, the heallh and social ￿e ageThla arNJ other skills, kn(Avledge and exF¢rien￿ to complement The day to day running of the Charity 15 deleg*ed to the Chief Executive. supported ty the OFerations Manager. servi￿ Managers and Finance Manager. The Chief Executive has overall responsibilty for Elders Voice prqect management and service development Serwce Marwrs are reS￿n￿ble for day to day project management. the delivery of fr(￿1 line services. servi deVek￿mentand monitoring of projects. Front lineworkers are resF(ffisibleforrnaintaining quality of seNce and developing and sustsinK￿ prOfeSs￿nal working rek9tionships with Se￿1￿ ￿[8 and their faMi￿eS. Elders Voice Re ort of the Truste8s for the ear ended 31 March 2022 REFERENCE AND ADMINISTRATIVE DEfAILS Registered Company Nurnber 04323￿ (England and Wales) Reglslered Charity Numbgr 1091519 Re9i5ter¢d Offl¢e 181 Mortimer Road London, NW10 5rN. Trustees vtho seNed during the year and up to the date of this report ￿Ere as fou Christopher Dunham Mary Sackvill&West Nada Saviich Vrveen Sci)tt Nancy AUg￿tt Rebecca Deegan (resigned 02103r2022) Ryden (aFwnted 02103r2022) All the dir￿torS of the company are also Trustees of the Charity and their responsibilities Ir￿lude all the reswn$ibilities of directo￿ under the Companies Act. The directors are M￿nb￿S of the company. The Trustees, Rewi ha5 been awoved by the trustees on behalf. l and signed on their Chrfstophèr Dvnham TNsteelDirector io Independent examinerfs report to the Truste￿ of ELDERS VOICE I report to the Char￿ Trustees on my exarninat￿n of the axounts of Ekjers Vore fLY the year ended 31& March 2022. Responsibililies and basls of report q tKa. p.hArty's Trust￿ of the Company {arxl the dlrths for the wrkN)ses (rf comp L3w> you are responsible ft)r the weparalion of the in ￿CordanCe Ihe requiremen ofthe Companies Act 20C6 Ac*). Having Satisfi￿ Myse￿ that the ￿CoUnts of Ihe Company are not r4uired to be audrted uryjer Part 16 of the 20[￿ Ad and are eligible for independent examination, I report in resp￿ of my examination ofyow charity's accounts as carried out Und￿ section 145 of the Charib&8 Act 2011 {Ihe 2011AI¥). In carrying out my examinalton I have folkyAEd the Direcbons gI￿n ty the Charity Commission urKler 14515) (b) of the 2011 Act Independent EXamine￿S sL*ment sin￿ the Compan*s gross income exceeded £250,000. I confirm that l am qualffied to undertake the examina1k￿ be￿Jse l am a rnember ofthe ICAEW, wthich is one ofts listed brNJies. I have Comp￿ted my examinaiion. I confirm Ihat r*) matters have to my attention in connection with the examination giving me cause lo believe.. accounting records *Ere nol kept in respect of the Company as required by section 3 of the 20(* Art or 2. the accounts do with those records.. or 3. the a(>))unts do noi compty wth the ￿CoUnting requirements of se(*ion 3% of the 20( Act other any requirement that the accounts give a 'true and fair Mevl vthich is not a matter cr￿Sidered as part of an inde￿ndent examinab"on' or 4. the ￿lUnts have not ten prepared in aC￿r￿ce vith the methods and winciples of the Statement of Recommended Practi￿ for a¢￿untIng armd re￿￿ting by tharitses awlKableto thariti.es preparing their accounts in accordan￿V￿th the FIn￿cIal ReFM)rtirv3 standard applicable tn the UK and RepublK of Ireknd {FRS1021. I have no concerns arKI have ￿rne across no other matters in connection wilh the examination to Vth￿h attention should te drawn in this reFQrt in order to enaL4e a proper understanding of the accourts to be ￿hed. CACTA FCIE Goldwins Chartered Ac￿untants 75 Maygrove ROJJ West Harnpstead LOn￿n NW6 2EG. Date. Lo 11 (incorporating an income and expenthture account) Forth• y•ar •nd•d 31 Marrh 2022 2￿21 F￿(L% Lkjnations 8nd ￿a￿e$ 19.889 s￿pOrt1￿j (th Peop￿ age 50 and ffft 7311 517J•J 593.764 Inv8sknents 614.753 F￿draIsing 27JJ36 27.Lk36 Chaiilabk a¢lNrt*s.' Swporbng othr peop￿ ag8 So and 24474 565.716 24474 527JIOT 592.752 4931) 22.(K11 (14*Jl) Y2,LX)1 Total lunds brought fonvaTd 1*n7 186.655 21175 ￿ 208,656 The￿ wre no rAh8r recc4Jnwd gains or k)55es otherthan slal&l 12 A• at 31 MaTrh 2022 TaNjIb￿ ass 8.445 Stodc 11 12 8.394 203.S35 215.189 Cash at bdrt aThl Cr•J*J￿. *noLl*S falllng wthin one >ear 12TJ 114.978 124 2W,211 11 21.175 8.919 199.737 The Charitys firtanraal ststements ha￿ Lwn y8paKgJ in 8rwd8Tr￿ wilh ts w￿lOnS b) sutiect lo lh8 srnal companies wvnÈ. Tr TnJs* ￿￿S￿ler thal ts Chaiity lo exemption frcfn ￿ requitemerrt kn have an aL*lit uThJer Ihe proV￿n of seclion 477 of the Compan*s Ad 2fWthe arkl mert*ers have not requ¥￿1 th8 Chaiity to obtain an audrt for thè ￿ar ￿ qu851ron in acmfdano 5&1K)n 476 of the act Tha TnK5*es a￿tr￿￿￿lle their ￿SpOnSibl1￿S for COMp￿Tra wilh tt* wulrement of Ihe Compan*s Act with respedto a{rnUnb'r￿ r8cords and the pyowabon offinaKlal sta*merts. rKI s￿j[￿d onth8irbeh&Wty. 13 Purthase off￿1 assets (2.295) 61.585 Cash and cash ¢qur￿ents atth8 Iwnning ofth? 141.950 itst th VJ pwlod {as perthe stateM￿t01 Gol aclwitss) 22.￿11 9,1e6 178) 341 Increase in creditors At 1 April 31M Cash at bank and In harbj 203. 203.535 14 Bd•rn Vok• The fmanci81 5taiwnwts havè te8n ￿8Pa￿ fft ar￿￿ance Wth Attoufitr￿ Reporting by Chanb2s". Staiernent of Reojrnn￿nded pr&i￿ 8rvlKabl8 to Charl￿ preP￿g their accounts in arr￿arKe *ith the Financi81 RepJtiThJ SlaFwJard apPI￿able in the UK and Repu￿￿ of kd8nd IFRS 11k - effecthw 1 January 20151. (char￿e5 SORP FRS 1￿1) and the CL¥rbpar¥es tharl¢tlMg r￿Mpar￿ mEets tkn)itson ofa publc ￿nafft eTrlty under FRS 102. As%ets and kblitBs a aty recc#3nwl at hi5tortral rtht or tran5aikn value unkns 011￿¥1* stskny in rEknvant aco)un polw orr Eljers VoKe a tharitabk rxmpany INntsJ by guwanteÈ aTrJ is Inc￿p￿￿￿ WJ Er#Jland Wa*& rwslereo office ￿￿reSS ts 181 Mrther Road, London, NWIO 5rN. 11￿le¢S ¢ons*ler Ihat therB are makrfal unc8rtainties atout tharrtat4e comparfs abilty 10 the Incon￿ rrt ii Ihat Ihe *ill tè receNod 8rvJ that the amfj￿t can be Interest on funds hehl on (*it wthers rec8vabk and the amount can tr￿ m8aswed rEfkqbty tythe charity.. Ihi% is notmaity Lpon rKrtificth ol Ihe iTrter8St paDd orpdy*)le bytt* b8nk. UntE5tricttrl fund8 gr¢ 4vwL9b￿ trj swid on a¢bvits8s that fijrther any of the ￿￿oSe$ of charity. L*signat turKI$ unrestrided •Jnds ol the dwity whKh Ihe Injslees have d￿¥d￿ at tsir trj set aside to use fDr a 5pecthc putP05e. RestrKA8d fvnds are do[bal>￿ the donor has to LE SL* u*J F￿ndth is onc8 there is a k931 orc0rn51rLthE dAvJalMy) kn m8ke a payTnent to a lh1￿ paty, is prc&&>k Ihat setlknent *ill Ix rtquirecl arnl the amryjnt of th& otl*3abon wi t* mea&ur*l r8lBbty. EyrKtittue is classrfèd under Ihe foll¢7￿g ac*vty head￿￿.. • Cosls of generatir¥J funds to Ihe rthts ir*Ur￿d by Ihe d￿n1th ccfflpafry ￿ iTrJuEiny third to fflake volunlary coTrtrknj￿Irfy to rt as wel as ts i¥tsÈ0f￿￿ a￿be5 wdh a furwjrabtyy purrKw. PWP05es of ts charity aThl IhÈir&8wialed SUPF¢)rt costs. • ewetKlthre ￿￿eSents Ihw rK¢t fauro inlo any 0th8r h8adw¥J. Support costs are those fvncbons Ihat a55iSt wort of the ¢baity bLbt th not d¥8cty uTrJert8ke tharita) acts"W￿￿ Sukwrt indude b•* Offi￿ t￿ts. ffinanc8. paytol go%*manL* wh￿h SLWKt Ihe th8Fitab￿ acti￿￿es. These ha￿ bB8n alccknj tet¥fftn ol ge￿Tty fvrth and 15 Eld•r• VoJ¢• F•rth• y•ar •nd•d 31 M*￿h 21 Depr8riation i8 pfovKl&J 81 r818s calrJJLgbJ to write Ihe cc6t of each as8et to its e8timaW whJual value over its 84)thJ usefvl Ik. Tha ¢W8cLqtksn In u88 89 follNs: FLYiu￿5 and Motrf vehK - atvary?rMJ rat85 on - at 40% reduc4rg balan Sbx* in h8rKI 8re aLrxfjorw trfxjght hekl tr HoTht•son ser￿ts ami arè Valued at hMrofco¥t or t realisabl8 Wdlue. Trth and other debtors are re(#)gnwJ at the setumnt amount due 8fter ony dkncwrrt offeTeil. Piopaymnts are valued atth8 amount prepaid r*tofanytrth (kso>Jn15du8. k) C•h at Cash at bank aTrJ G98h in hafKt ir￿￿￿$ cash and sh￿tI$Mi highty l*uhJ In¥esbnents a St￿ maturlty or thrte morth orla5sf¢¥xn the ¢J* Ofwtsk%￿0n orwirwJ rlthe deposkorsrnKw xcount Cr￿1￿0[5 and pro￿$￿$ are where the ha¥ a prgwtowtgalwjn ￿5￿￿[￿j a past that pTvb*ly wult in the transfer of fijnds to a third party aTrJ ￿ *nount due kn Sett￿ the (WaiM G L* measuraj or 85bmated reliabty. C￿litorS arx1 provisiw$ are r￿allY recc#3nwJ at their setllement nt afterallowing forany trad8 di5wJnts duE. m) P8nBh The chan18b￿ ex￿panY corttnl¥Jtes lilo Ihe penskn of ts emptO>*88. Th8 assots of stheTh arB hahl swrdtety from those of dLarilablÈ campary in an independ8nly administe￿￿ lund. Tr pensK)n ¢ttsts Ch￿ge reprEsents conknbuborts p8y8bk urbjer th8 Scho￿ by the chai>lth company to Ihe fvrKI. Tha chwitth has no li&¥fty Ihe oiherihan forts payThent ofthose c0nknbii￿rts. 16 Eldorn Vol¢• Forth• •nd•d 31 IAarGh 2022 Totsl Funcss Funds Donation5 & Gift 19,689 19.fj89 Ch8ritabk actiths.. Dklw •J8 SO and o¥Er 4￿.￿J5 lo3.3￿ 591764 1,300 14, F￿nd[aLl￿ SwrtwvJ age and 0￿r 458.491 107225 5&5.716 25.827 13.8261 22.￿11 13.8281 22.LK11 between fund8 28.004 131.8a)) 53.831 22,001 Total fund5 broughlf(Mward 145. 99.73 40.749 186,655 Total Funds 13.342 915 915 19,689 17 Totsl FunLIs Fbatiryj Supportand HaThtypwson $￿k L B Brent. Pduft SrxHI Ca LB Bren￿ NCL W*nbley N8¥onal StAdkni Trust Brentvoluntsry Seclor IrrfTa5tsuo*JEB Fund5 15x1 398.630 59.721 4.824 3.7G• The UW F*nllyTnk8t B*J LotteryAwards Forfvl Cty Br* Tnjst 875 561.750 Hal Service provis￿ 8nd material Wdlbeing Centr&- PriRt8 CliBrts 7.071 6,165 125 18.653 32,014 Ei4 T¢ T(tsi B￿k intarest 16 16 18 Forlh• •nd•d JI Umr¢h 21 ￿Pp￿t¢0* 2021 Trt Luts ISBB OLX8 8) 417 141 4W.116 141•7 1.078 16 2.314 n*Tnity tyJ5ts Equ￿￿talld MateTr*l& 3.812 7h14 5,353 9.677 4924 21.419 R￿t 9.IGB 403 4,104 2.124 3Z 3.876 Annual 13 Bènk 44B 592.752 C¥1het￿￿eh￿￿e, £S)2,533 WA8 (2021. £4852271 aTrJ£24.474V*$￿￿JwI2￿Il.. £107,225). 19 Ekl•rnVok• eo)) flew￿rtUre Ch8ntsUe upwrtiw older athl Suppylw¥l$ 2ry21 TL*a 2ry20 fo rxJ* (See NAe8) 27,036 490.118 558.gJ9 216>5 2.97S Cl￿m#￿1¢ materi￿5 1.076 1.076 1.169 Hosrmtrl￿Ond rAdws DemBnbag8rden DemÈnty"acafé Ttab*l and SU￿¥￿ 16 16 2,314 2.314 3.￿0 25.g68 1.876 4.11S 3.812 3.812 43S3 4,924 21.419 4.924 21.419 6,320 1*127 Ryr8nd Reni 9,168 9.18$ 9.598 5.081 403 4,104 1124 110 4.827 2,525 4.104 2,124 6.607 3.876 3,676 1400 13 2,4 AnnLHI repJt l)J8lityAwr8n BRnktharo8s 13 537 27.0 489.872 S￿￿¥Jr1Q>Ith 75.844 75.844 awI￿r￿2￿21 27.03 565.716 20 **Elders Voice Notes to the financial statements For the year ended 31 March 2022** ## **7 Net income / (expenditure) for the year** ## **8** This is stated after charging / (crediting): |This is stated after charging / (crediting):
Depreciation
Independent examination fee|**2022**
**£**
**5,356**
**2,500**|2021
£
9,166
2,400| |---|---|---| **Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel** |**Analysis of staff costs, trustee remuneration and expenses,**
**and the cost of key management personnel**||| |---|---|---| |Staff costs were as follows:
Salaries and wages
Social security costs
Other pension costs|**2022**
**£**
**399,654**
**30,595**
**14,770**|2021
£
440,908
34,609
14,601| ||**445,019**|490,118| No employee earned over £60,000 during the year (2021: Nil). The total employee benefits including pension contributions and employer's national insurance of the key management personnel were £52,718 (2021:£49,159). The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £nil). In 2022, no trustees were reimbursed for expenses (2021:£nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil). ## **Staff numbers** The average number of employees (head count based on number of staff employed) during the year was as follows: |Administrative staff
Direct charitable work|**2022**
**No.**
**2.5**
**12**|2021
No.
2.5
13| |---|---|---| ||**14.5**|15.5| ## **9 Taxation** The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. |**Tangible fixed assets**
**Cost**
At the start of the year
Additions in year
At the end of the year
**Depreciation**
At the start of the year
Charge for the year
At the end of the year
**Net book value**
**At the end of the year**
At the start of the year|Motor vehicles
£
36,117
22,698
-
-
Improvement
to property|£
31,934
1,768
Fixtures and
fittings and
Office
Equipment|**Total**
**£**
**90,749**
**1,768**| |---|---|---|---| ||36,117
22,698|33,702|**92,517**| ||29,985
22,698
2,453
-|29,621
2,903|**82,304**
**5,356**| ||32,438
22,698|32,524|**87,660**| ||**3,679**
**-**|**1,178**|**4,857**| ||6,132
-|2,313|8,445| ## **10 Tangible fixed assets** All of the above assets are used for charitable purposes. 21 **Elders Voice Notes to the financial statements For the year ended 31 March 2022** ## **11 Stocks** |Consumables-Equipment and small tools
**12**
**Debtors**
Trade debtors
Prepayments
**13**
**Creditors: amounts falling due within one year**
Trade creditors
Taxation and social security
Pension Liability
Deferred income
Accruals
Other creditors
**Deferred income**
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year|**2022**
**£**
**2,841**|2021
£
3,260| |---|---|---| ||**2,841**|3,260| ||**2022**
**£**
**8,194**
**6,378**|2021
£
4,734
3,660| ||**14,572**|8,394| ||**2022**
**£**
**3,751**
**8,092**
**2,179**
**20,000**
**2,716**
**11,389**|2021
£
722
7,868
2,422
-
2,737
1,229| ||**48,127**|14,978| ||**2022**
**£**
**-**
**-**
**20,000**|2021
£
-
-
-| ||**20,000**|-| Deferred income comprises grants received for the purpose of expenditure in a future period. ## **14(a) Analysis of net assets between funds-Current year** |**14(a) Analysis of net assets between funds-Current year**|||| |---|---|---|---| |Tangible fixed assets
Net current assets
**Net assets at the end of the year**
**14(b)** Analysis of net assets between funds-Prior year
Tangible fixed assets
Net current assets
Net assets at the end of the year|**General**
**Unrestricted**
**Funds**
**£**
**4,857**
**178,949**|**Restricted**
**Funds**
**£**
**-**
**21,175**|**Total**
**funds**
**£**
**4,857**
**200,124**| ||**183,806**|**21,175**|**204,981**| ||General
Unrestricted
Funds
£
8,445
191,292|Restricted
Funds
£
-
8,919|Total funds
£
8,445
200,211| ||199,737|8,919|208,656| 22 **Elders Voice Notes to the financial statements For the year ended 31 March 2022** ## **15(a) Movements in funds-Current year** |**Movements in funds-Current year**|||||| |---|---|---|---|---|---| |**Restricted funds:**
L B Brent- NCIL
Brent Voluntary Sector Infrastructure Funds
Track Academy
The Utley Family Trust
**Total restricted funds**|**£**
**8,919**
**-**
**-**
**-**
**At the start**
**of the year**|**£**
**-**
**14,071**
**3,756**
**18,903**
**Incoming**
**resources**
**& gains**|**£**
**(1,252)**
**(14,071)**
**(185)**
**(8,966)**
**Outgoing**
**resources &**
**losses**|**Transfers**
**£**
**-**
**-**
**-**
**-**|**£**
**7,667**
**-**
**3,571**
**9,937**
**At the end**
**of the year**| ||**8,919**|**36,730**|**(24,474)**|**-**|**21,175**| **Restricted Funds Carried Forward : Brent NCIL £ 7,667 – refurbishment grant; Track Academy £ 3,571 – Back to Movement project; The Utley Family Trust £ 9,937- Dementia Music project.** |**Total unrestricted funds**
**Total funds**
**15(b)** Movements in funds-Prior year
Restricted funds:
L B Brent- CIL
Wembley Stadium
City Bridge Trust
The Inman Foundation
Garfield Weston Foundation
Voluntary Sector Infrastructure Fund
Big Lottery Awards For All
Independence at Home grant
Independence at Home grant 2019-20
**Total restricted funds**
**Total unrestricted funds**
**Total funds**|**199,737**|**486,602**|**(502,533)**|**-**|**183,806**| |---|---|---|---|---|---| ||||||| ||**208,656**|**523,331**|**(527,007)**|**-**|**204,981**| ||£
-
3,507
28,020
3,200
4,085
(204)
2,154
(16)
3
At the start of
the year|£
30,000
6,250
53,450
-
-
4,824
8,875
-
-
Incoming
resources
& gains|£
(21,081)
(9,757)
(53,450)
(3,200)
(4,085)
(4,620)
(11,029)
-
(3)
Outgoing
resources &
losses|Transfers
£
-
-
(28,020)
-
-
-
-
16
-|£
8,919
-
-
-
-
-
-
-
-
At the end of
the year| ||40,749|103,399|(107,225)|(28,004)|8,919| ||||||| ||145,906|511,354|(485,527)|28,004|199,737| ||||||| ||186,655|614,753|(592,752)|**-**|208,656| ## **16 Legal status of the charity** The charity is a company limited by guarantee and has no share capital. ## **17 Related party transactions** There are no related party transactions to disclose for the year (2021: none). 23