REGISTERED COMPANY NUMBER: 04323296 (England and Wales) REGISTERED CHARITY NUMBER: 1091519 ## **ELDERS VOICE** **Report and financial statements for the year ended 31 March 2025** **Elders Voice Report of the Trustees for the year ended 31 March 2025** |**Contents**|**Contents**|||Page| |---|---|---|---|---| |Reference and Administration Information||||2| |||||3-7| |||||8| |Statement of Financial Activities||||9| |(Incorporating an income and expenditure account)||||| |Balance Sheet||||10| |Statement of Cash|||Flows|11| |Notes to the Financial Statements||||12-20| 1 **Elders Voice** **Report of the Trustees for the year ended 31 March 2025** ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered Company Number** 04323296 (England and Wales) **Registered Charity Number** 1091519 **Registered Office** 181 Mortimer Road London, NW10 5TN **Contact Information** Telephone number: 020 8968 8170 Website address: http://www.eldersvoice.org.uk Email address: info@eldervoice.org.uk ## **Trustees** Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Nada Savitch Chair Reshmi Marmion Vice Chair Lawrence Ryden Treasurer Viveen Scott Sophie Walker Rachel Lynch Michelle Lamb appointed 28 September 2024 Siobhan Mahony appointed 28 September 2024 Christopher Dunham resigned 1 February 2025 Khushi Kakrania resigned 12 March 2025 **Key management personnel** Chief Executive Officer: Jon Cuming-Higgs **,** resigned 12 July 2024 Rita Dongre, appointed 15 July 2024 Finance Manager: Graziella Doardo **Advisors** Independent Examiner Anthony Epton Goldwins Ltd 75 Maygrove Road West Hampstead London NW6 2EG **Solicitors** WorkNest Law Woodhouse, Church Lane Aldford, Chester CH3 6JD **Bankers** Unity Trust Bank PO Box 7193 Planetary Road Willenhall WV1 9DG 2 **Elders Voice Report of the Trustees for the year ended 31 March 2025** ## **TRUSTEES ANNUAL REPORT** The Trustees would like thank Jon Cumming-Higgs, who was the CEO until 12[th] July 2024, for his hard work and leadership and welcome Rita Dongre, who took over from Jon on 15[th] July. The Trustees would also like to thank Christopher Dunham, for his commitment and dedication over the last 25 years; Chris first got involved with Elders Voice as a volunteer in 1999 and then became a trustee the following year, in 2011 he became Chair of the Board, a position that he held until the end of 2023 and finally decided to retire in 2025. The trustees present their report and the financial statements for the year ended 31[st] March 2025. Reference and administrative information set out on page 3 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. ## **OBJECTIVES AND ACTIVITIES** The object of Elders Voice is to promote the interests of people aged 50 years and over within the Greater London Authority by the provision of resources which: - relieve poverty - advance education improve conditions of life This is achieved through: - support to prevent accidents in the home and keep older people safe, by providing a Handyperson service that carries out small handiwork - offering a range of wellbeing activities - enriching the present moment for older people with dementia and provide respite to carers, through our Day Services and memory projects - bridging the generational divide by bringing together different age groups as often as possible - amplifying the voices of older people so they can share their stories and influence the development of the services that they use future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives that have been set. ## **ACHIEVEMENT AND PERFORMANCE** ## **Handyperson Service** We continue to support older people to stay safe and maintain their independence within their own homes. The service is funded by Brent Council and this year the team provided services to 203 clients and completed 907 jobs. These ranged from fitting handrails, smoke detectors & CO2 detectors, replacing bathroom taps, draught proofing, installing curtain rails, security lights, 3 **Elders Voice** ## **Report of the Trustees for the year ended 31 March 2025** making safe trip hazards, fitting shelves and other carpentry repairs. Each job, however small, makes living at home for an older person, safer, more accessible and more enjoyable. This year as part of our social value impact we delivered the following: ## **Age Friendly Brent** As part of a consortium, we are working with Brent Council to make Brent an Age Friendly Borough. A place where people can live healthy and active later lives; where the environment, activities and services in the borough will enable older people to enjoy life, participate in society and be valued for their contribution. our members and service users to hear and learn what they had to say. ## **Inter-generational** We met with some of the students in Year 12 at Queens Park Community School and delivered a talk about working in the not-for-profit sector; the feedback was positive, and we may have ## **Intergenerational Cooking Project** There were three intergenerational cooking sessions which were thoroughly enjoyed by our Day Centre clients and Year 6 pupils from Princess Frederica Primary School. The clients and the children cooked and ate together and in preparation for this the clients painted flags from their home countries: Philippines, Italy, Portugal, Wales, Afghanistan, Iraq, Scotland, Ireland, Nigeria and the Caribbean. A sight to behold and a reminder of how diverse the Centre is. Our thanks go to the local Co-op for funding the ingredients for the lunches. ## **Gardening Project** We (staff) rolled up our sleeves, put on our wellingtons and did some gardening at Princess Frederica Primary School. This was appreciated by the teacher who looks after the garden as she had been deferring the heavy lifting work for quite some time! ## **Brent Residents** We held two events, one at the Queens Park: taking our services out to the general public and one at our Centre inviting them in; the theme was health & safety awareness and local police officers were in attendance. ## **Alternative Sports Day** An alternative Sports Day was held at a local sheltered care scheme where our clients and the residents came together to participate in a number of competitive activities: skittles, football, volleyball, parachute, not as we know it but flying sweets! ## **Day Service** Our day service for clients with dementia is a lifeline for both them and their loved ones. A local artist who visited our stall at Queens Park, is running an art class every Tuesday; DanceWest visit us every Thursday when clients try to outperform each other; and there are weekly reminiscence sessions. 4 **Elders Voice Report of the Trustees for the year ended 31 March 2025** The Kingsbury Trust has provided funding for 1 year for our reminiscence work: each week a different sense is explored: taste, touch, feel, smell, and hearing, which helps clients to untap past memories. We will also be delivering these sessions to the sheltered care scheme. ## **Weekly Wellbeing Activities** - **Zumba Gold** : 29 people including 4 men regularly attend our Zumba class. The highenergy dance and exercise class provides an opportunity to socialise as well as keep fit. - **Chair Yoga** class is attended by our day centre clients and service users who are less agile. This is a safe space for people to relax and explore their own spirituality, while maintaining flexibility, core strength and mental wellbeing. - **Weight Training:** although the funding from Wembley National Stadium Trust came to an end in November 2024, we have continued to deliver the classes and have introduced a £4 charge which the service users are happy to pay as the class is valued by them. 43 people over the year attended the class regularly. - **Ukulele Group,** which is mainly self-funded, a small group of budding musicians, continue to meet on weekly basis. ## **Warm Hub/Drop-in** - session, we would like to thank Sovereign Network Group for providing the initial seed funding. The Drop-in is a welcoming place all year round. ## **Newsletter/Out and About** We continue to promote the inclusion of older people in day-to-day community life and our newsletter is sent out to our members, fundraisers, local politicians, and commissioning teams. ## **Staff and Volunteers** We have a hard working, committed and passionate team of staff and volunteers who make ## **FINANCIAL REVIEW** The Statement of Financial Activities (SOFA) show incoming resources for the year of £301,560 - - (2024 £478,769) and outgoing resources of £289,298 (2024 £518,478) resulting in a surplus of £12,262 (2024 deficit of £39,709). The total reserves at the year-end stand at £238,428 (2024 - £226,166). Of these £205,314 are unrestricted reserves (2024 - £199,889). These are in line with the reserves policy which is kept under review and the board is satisfied that the current target remains appropriate. Brent Local Authority are our primary source of income together with grants from Trust and Foundations: this year we received grants from Garfield and Weston Foundation, Kingsbury Charity Trust, Action Funder Ltd. Co-op Local Community Fund. Income generating activities raised a total of £63,015 (2024 - £57,318) and the donations for the year were £3,141 (2024 - £4,403). We are grateful to our funders, donors and our service users for their generosity and support. 5 **Elders Voice Report of the Trustees for the year ended 31 March 2025** ## **GOING CONCERN** At the beginning of the year a deficit budget had been projected, however, due to additional revenue and grants the year end has resulted in a surplus of £12,262. The Board of Trustees continually monitor and scrutinise the finances to ensure that informed decisions are made. we successfully secured two new grants. Our strategy is to: - build on our income from our day service - continue applying for funding to increase and develop our core services - to ensure that project-based funding reflects the full running costs - to diversify our income to deliver services that complement our core services ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** Elders Voice is registered as a Charity with the Charity Commission under registration number 1091519. It is constituted as a company limited by guarantee (registration number 4323296) and is therefore governed by its Memorandum of Association. Legal responsibility for the management of the Charity is vested in the Board of Trustees. The Board of Trustees met during the financial year 2024-2025 via Zoom and in person. The meetings were attended by the Chief Executive Officer and the Finance Manager. The Articles of Association state that Elders Voice can recruit a maximum of fifteen Trustees and that at every AGM one third of trustees must resign but may offer themselves for re-appointment. the health and social care agenda and other skills, knowledge, and experience to complement these. The day to day running of the Charity is delegated to the Chief Executive, supported by the Operations Manager, Service Managers and Finance Manager. The Chief Executive Officer has overall responsibility for Elders Voice and Service Managers are responsible for day-to-day project management, the delivery of front-line services, service development and monitoring of projects. ## **Statement of responsibilities of the trustees/directors** The trustees who are also directors of Elders Voice for the purposes of company law are with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and group and of the incoming resources and application of resources, including the income and expenditure, of the charitable company or group for that period. In preparing these financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP 6 Eldors Voice ort of the Trusteos for the ear ended 31 March 2026 akg judgements and estimates that are reasonable 8nd prudent Stale ivhether applicable UK Aecountsng Standards and slalements of practice have been foll￿ved. sutiecl to anj matertal departures commèiided tlie f1112ncial statements disGlosed and explained in Prepare the financial statements Dn the going conTrrn basis unless it is inappropiiale lo presurne +hat the charity will continue in OFeration The trustees are responsible for keeping ad4uate ac(x)untillg records that disclose wii reasorFable aGcufdby cil di by tir[￿ the financlal Posltion ol tFie charilable company and enable theffl to ensiire that the financial statemellts comply with the C(Mnpanies Act 2006. They are also responsible for safeguarding the assets of the charitable Conipany and group and hence fo[ta￿'n9 reasonable steps for the prevents.on and detection of fraijd and other irTegularities. In so far as the truslt38s are a￿are. There is no relevant audit information. of wliich the chatitable compansPs audilor is iinaware The trustees have laken all steps that they Ol￿ht lo have taken to make themselves aware of any relevant audit inforynation and to establish that the auditor is aware of that Information The trustees ar8 responsible for the maintenanc8 and integrity of the corporate and financial Information included on the Charrtable company's Kpbsile. Legislation in Ihe Uniled Kingdom governlng the preparatson and dissemination of financial statements may differ from legislats'cn in Other jurisdictions. Members of the charity guarantee to confrihi ttp. Am[￿lrit not exceoding £1 to th6 of the charity in Ihe event of winding up. The trustees are merntErs of the charity. but this entitles them only to voting rights. The trustees have no beneficial interesl in the charity- The Trustees Annual Rep)rt has been prepa￿d in arcordance with the provisions applicable to compariies subject to the small companies, regime. The Trustees annual ieFrf)rt has been apwoved by the Trustees on signed on their behalf. D25 and A_L.C Nada SavltGh Chair ## **ELDERS VOICE** I report to the charity Trustees on my examination of the accounts of Elders Voice for the year ended 31[st] March 2025. ## **Responsibilities and basis of report** As the charity’s Trustees of the Company (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under sectio n 145 of the Charities Act 2011 (“the 2011Act”). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act. the examination because I am a member of the ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Anthony Epton BA FCA CTA Goldwins Chartered Accountants 75 Maygrove Road West Hampstead London NW6 2EG. Date: 17 October 2025 8 Elders Voice statement of financial activities (incorporating an income and expenditure account) For the year ended 31 March 2025 2025 Total Funds 2024 Total Funds Unrestricted Restricted Funds Funds Note Income from: Donations and legacies 3.141 3.141 4,403 Charitable activities.. Supporting older people age 50 and over 253,989 38,704 292,693 468,321 Investments 5.726 5,726 6,045 Total incorne 262,856 38,704 301,560 478,769 Expenditure on: Fundraising 12.100 12.100 27,036 Charitable activilies.. Supporting older people age 50 and over 245.331 31,867 277.198 491,442 Total expenditure 257,431 31,867 289,298 518,478 Net incomel (expenditure) for the year 5.425 6,837 12,262 (39.709) Net movement in funds 5,425 6,837 12,262 (39,709) Transfers between funds Net movement in funds 5.425 6.837 12.262 (39,709) Reconciliation of funds: Total funds brought forward 199,889 26,277 226,166 265,875 Total funds carried forward 205,314 33,114 238,428 226,166 All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements. Eldars Voice Balance sheèt As at 31 M8rch 2025 2025 2025 2024 2024 Nolp Flxéd assel5: Tann1* assets io Current assats: Slock Debtors Cash al bank and in hand 2.878 21.583 249,977 274.438 3.101 23.3gg 211,888 238.388 Liabilitles: Cycdr￿rS. amwnts falling due ivilhin 01￿ year 13 36.7P4 13,528 Net c￿rent assets Total net assats 237,644 234428 224,060 226,166 Funds Rèsti1¢t￿ funds UnYeslr:'¢ied funds: Total funds 15 33,114 205 314 238,428 26,271 199889 226,166 The Cnarilrfs financial statetnents have booii pTrpaTed in accordan￿ with Lhe ptovisl(￿s ￿l¢ab￿l tu crfflpanies sthied. tr> Ihe small uxllpsnies rgJiine, The Trusiees C￿8￿18[ Ihèkl IIIE Gliuiily ￿￿ inlilltd ts) Exeiiiplittn Iiom ￿ requiremènt to have ap. audil untser t1￿ pr￿lSIon ol sectim 477 of the Compan￿5 Ad 2￿￿'the Ar,V'l and 1mL¥tI￿rS ha￿ not r￿ul￿d the Lherily lo o￿t￿rn an a￿%1 lor th& yaar in Ques￿on in al>xYdan￿ with section 476 01 the acL The rI￿te6$ athnowledge their respwbilÉli&s for ccffiptyw with Ilie requirement of tha CoiTrpaiiies M 20￿ wlth respect lo accxwntiivJ iewd5 aTrJ Ihe preparabon of Iinancaal ¥tslemeiits. .2025. nd shjned on th￿1 beh￿1 by. Nada Savitch Chalr of tha Board ol Trustees Company rpgi51rntion no 04323296 The alta¢hed notes f¢)m part ol the fin8iicial statenients. 10 Elders Voice statement of cash flows For the year ended 31 March 2025 Note 2025 2024 Cash flows from operating activities: Net cash provided by operating activities 38.089 (85.425) Cash and cash equivalents at the beginning of the year 211,888 297,313 Cash and cash equivalents at the end of the year 249,977 211,888 Reconciliation of net income I (expenditure) to net cash flow from operating activities 2025 2024 Net income I (expenditure) for the reporting period {as per the statement of financial activities) 12,262 (39.709) Depreciation Decreasellincrease) in stocks Decreasellincrease) in debtors Increasel(decrease) in creditors Net cash provided byl {used in operating activities 522 223 1.816 23,266 1,490 (275) (19,168) 27,763 38.089 85,425 b) Analysis of cash and cash equivalents At 31 March 2025 At 1 April 2024 Cash flows Other changes Cash at bank and in hand 211.888 38.089 249,977 Total cash and cash equivalents 211,888 38,089 249,977 Elders Voice Notes to the financial statements For the year ended 31 March 2025 1 Accounting policies a) Basis of preparation The financial statements have been prepared in accordan￿ with Accounting and Reporting by Charities: Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102 - effective 1 January 2015)- (Charities SORP FRS 102) and the Companies Act 2006. The charitable company meels the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othe￿ise ststed in the relevant accounting policy or note. Elders Voice is a charitable cornpany limited by guarantee and is incorporated in England and Wales. The registered office address is 181 Mortimer Road. London. NW10 5TN. b) Going concern The trustees consider that there are no material un￿rtaIntieS about the charitable companvs ability to continue as a going concern. c) Income Income is recognised when the charity has entillernent to the funds. any perf0mlan￿ conditions attached to the income have been rnet. it is probable that the income will be re￿iVed and that the amount can be measured reliably. d) Interest receivable Interest on funds held on deposit is induded when re￿1vable and the amounl can be measured reliably by the charty- this is normally upon notrfication of the interest paid or payable by the bank. e) Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charity- Designated funds are unrestricted funds of the charity which the trustees have deaded at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charitys V￿rk or for specific projects being undertaken by the chariiy. fj Expenditure Expenditure is recognised once there is a legal or constructive obligalion lo make a paymenl to a third party, il is probable Ihal settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings.. Costs of generating funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose. Expenditure on charilable activities includes the costs of delivering services undertaken to further the purposes of Ihe charity and their associaled support costs. Other expenditure represents those items not falling into any other heading. g) Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs indude back Offi￿ costs. finan￿. personnel, payroll and govemance cost5 which support the charitable activities. These costs have been allocated be￿een cost of generating funds and expenditure on charitable activities. 12 Elders Voice Notes to the financial statements For the year ended 31 March 2025 1 Accounting policies (continued) h) Tangible fixed assets Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows= Fixtures and fittings Motor vehides at varying rates on cost at 400/0 reducing balance il Stocks Slock in hand are accessories bought and held for the Handyperson Service and are valued at Ihe lower of cosl or net realisable value. j) Debtors Trade and other debtor5 are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. k) Cash at bank and in hand Cash at bank and cash in hand indudes cash and short temi highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposil or similar account. 11 Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are nomially recognised at their settlement amount after allowing for any trade discounts due. m) Pensions The charitable company contributes into the pension of its ernployees. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. The pension costs charge represents contributions payable under the scheme by the charitable company to the fund. The charitable company has no liability under the scheme other than for the payment of those contributions. 13 Elders Voice Notes to the financial statements For the year ended 31 March 2025 2 Detailed comparatives for the statement of financial activities 2024 Unrestricted Funds 2024 Restricted Funds 2024 Total Funds Income from: Donations & Gift Aid 4,403 4,403 Charitable activities= Supporling older people age 50 and over 356.472 111,849 468.321 Investments Total income 6.045 366,920 6.045 478,769 111,849 Expenditure on: Fundraising Charitable activities= Supporling older people age 50 and over Total expenditure 27,036 27,036 352,550 379,586 138,892 138,892 491,442 518,478 Net incomel {expenditurel for the year (12,666) (27,0431 {39,7091 Net movement in funds (12,666) (27,0431 {39,7091 Transfers belween fvnds Net movement in funds (12,666) (27,043) {39,7091 Total funds brought forward Total funds carried forward 212,555 199,889 53,320 26,277 265,875 226,166 3 Incorne from donations and legacies 2025 Total Funds 2024 Tolal Funds Unrestricted Funds Restricted Funds Donations Gift Aid 2.937 204 3,141 2.937 204 3,141 3.817 586 4,403 14 Elders Voice Notes to the financial statements For the year ended 31 March 2025 4 Income from charitable activities 2025 Total Funds 2024 Totsl Funds Unrestricted Funds Restricted Funds Grants and contracts Handyperson SeNice L B Brent- Adult Social Care L B Brenl- NCIL-Inlergenerational Project L B Brent- NCIL-Safer Outdoor Kingsbury Charity Trust Action Funder Ltd Co-op Local Communty Fund Garfield Weston Foundation Track Academy Rukba- Independent Age Wembley National Stadium Melropolitan Public Garden Association National Lottery Community Fund Total 146.319 44.655 146.319 44.655 277,985 21,169 24,750 20,000 15,000 1,850 1,854 20,000 15,000 1,850 1,854 20,000 6,940 20,000 15,000 1,000 24,159 411,003 190.974 38,704 229,678 Other income from generating activities Hall Hire Service Provision and malerial Day Centre- Private Clients Other Total 30.995 2.661 24.804 4.555 63,015 30.995 2,661 24,804 4,555 63,015 30,438 6,794 18,564 1,522 57,318 Total income from charitable activities 5 Income from investments 2025 Total Funds 2024 Totsl Funds Unrestricted Funds Restricted Funds Bank interest 5.726 5.726 5.726 5.726 6,045 6,045 15 Elders Voice Notes to the financial statements For the year ended 31 March 2025 61al Analysis of expenditure Charitable activities Supporting Fundraising older people c¢)sts age 50 and over Support costs 2025 Total 2024 Totsl Staff costs (See note 8) Other staff costs Sessional workers Projects Direct Costs Consumables Hospitality and Outings Travel and subsistence Vehicle running costs Grant disbursements Equipment and Materials IT equipment Building Costs Cleaning Insurance Ulilrties Repair and renewals Rent Depre¢ialion Equipment Management and Administration Subscriptions Telephone and broadband Postage and stationary IT Support and other expenses Govemance Costs Independent examination fee Annual report QualtyAssuran Bank charges 12.100 195.890 9.434 7.185 207.990 9,434 7,185 406,742 9,563 10,432 1.141 1.398 99 6.646 477 571 1.618 1.969 99 6,646 2,074 2,675 287 6,881 1,765 249 11 1.682 1,776 1.931 4,553 2,813 5.364 1.945 5,899 2,453 8.200 522 2.798 10,728 1,945 5,899 5,123 8.200 522 2,798 9,556 2,372 8,021 22,125 8,200 1,490 3,730 2.670 367 3.077 $46 6.898 367 3.077 1.253 6.898 451 3,610 3,041 6,310 707 3,000 125 178 537 44,650 3,000 125 178 537 289,298 2,900 48 595 518,478 12.100 232,548 Support costs 44.650 Total expenditure 2025 12.100 277.198 289.298 Of the totsl expenditure, £257,431 was unrestricted {2024- £379,586) and £31,867 was restricled12024." £138,892). 16 Elders Voice Notes to the financial statements For the year ended 31 March 2025 61bl Anatysis of expenditure Chantable activities Supporting older peop￿ age 50 and over Fun(Iraising costs Support costs 2024 Total 2023 Totsl Staff costs (See note 8) Other staff costs Sessional workers Projects Direct Costs Consumables Hospitality and Outings Travel and subsistence Vehicle running costs Grant disbursements Equipment and Materials Venue hire Design Partner IT equipment Building Costs Cleaning Insurance Utilities Repair and renewals Rent Depreciation Equipment Management and Administration Subscriptions Telephone and broadband Postage and stationary IT Support and other expenses Governance Costs Independenl examination fee Annual report Qualty Assurance Bank charges 27,036 379,706 9.563 10.432 406,742 9.563 10,432 456,617 6,496 6,413 1,255 1,835 287 6.881 819 2,074 2,675 287 6.881 1,327 2,139 1,579 9,738 672 3,982 2,050 14,000 3,689 4,195 358 4,553 180 2,633 2,813 7,129 2,427 2,372 8,021 22.125 8,200 1,490 3,730 9,556 2,372 8,021 22.125 8,200 1,490 3,730 6,501 10,001 6,640 9,982 8,200 2,061 3,658 451 3.610 1,343 6,310 451 3.610 3,041 6,310 422 3,997 2,983 5,300 1.698 2,900 2,900 2,700 45 562 534 572.288 48 595 68.272 48 595 518.478 27.036 423.170 Support costs 68.272 68.272 Total expenditure 2024 27,036 491,442 518,478 17 Elders Voice Notes to the financial statements For Ihe year ended 31 March 2025 Net incomè I 1•X￿ntIllur0I for th• yèar This is stated after charging I (Cred￿'n9)'. 2025 2024 Depreciation Independent examinatvjn fee induwve ofVAT 522 3,000 1,490 2,900 Analysis ol staff costs, trustee remuneration and expenses. and the cost of kèy managèmént ￿l$Onn Staff costs as follows.. 2025 2024 Salaries and wages SocJ81 security costs Other pension costs Redundancy and tettnination costs 192,492 11,629 3,869 312,750 23,267 9,143 61,582 406,742 207,990 No ern ￿0Yee earned over £60.000 during the yeai12024". Nill. The total employee benefits induding pensicfi contribub'ons and emF4oy&s natThwl Insuran￿ ol the key management personnd were £40,33212024."£52,6851. The charity trustees were not paid or ￿1Ved ary oiher tenefits frim empknyment wth the tharity in the year12024.' £nill. In 2025, no trusiees were reimbursed for expenses12024."£nill_ No chanty trustee received payrnent for professic)nal or other services supplied to the thanty12024 £nill. Stsff numbers The 8verage numtw of empbyees Ihead count based on num1￿[ of staff employed) during the year was as folli)ws". 2025 2024 Administrative staff Direct charitable ￿Ork 12.1 Taxation The charitable company is exernpt from corporation tax as all ts inwme is tharitable and is applied for charitable purposes. 10 Tangibl& fixèd assèts Fixtures and ttings and Improvement Office to propety Equipment Motor vehides Totsl Cost At the start of the year At the end of the year 36.117 36.117 22,698 22,698 33.702 33.702 92,517 92,517 Depreciation At the start of the year Chaige for the year At the end of the year 34.811 522 35.333 22.698 33.702 91.211 522 91.733 22,698 33.702 Net book valu& At the end of the year 784 At the start of the year 1,306 1,306 All of the above assets are used for charitat4e purFx)ses. 18 Elders Voice Notes to the financial statements For Ihe year ended 31 March 2025 11 Stocks 2025 2024 Consumables-Equipment and small tods 2,878 2,878 3,101 3,101 12 Debtors 2025 2024 Trade debtors Prepayments Accrued Income 13,181 8,402 16,487 3,912 3,000 23,399 21,583 13 Creditors= amounts falling du• within one yèar 2025 2024 Trade creditors Taxation and socrdl security Pension Liability Deferred incx)me Accruals Other ueditots 2,201 4,082 654 23,890 3,127 2,840 36,794 1,938 5,445 1,020 3,101 2,024 13,528 Deferred income 2025 2024 Balan￿ at the beginning of the year Arnount released to income in the year Amount deferred In the year Balan￿ at the end of the year 20,000 120,0001 Deferred income comprises grants received for the purFx)se of ex￿ndibjre in a future penod. 141al Analysis of net assets between funds