2023-03-31-accounts - Age UK Oxfordshire

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LEGAL AND ADMINISTRATIVE INFORMATION
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2023
INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES	27
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES	31
CHARITY STATEMENT OF FINANCIAL ACTIVITIES	32
CONSOLIDATED BALANCE SHEET	33
CONSOLIDATED STATEMENT OF CASH FLOWS	34
NOTES TO THE FINANCIAL STATEMENTS	35
INCOME AND EXPENDITURE	55

Community Information	Community Information	Community Information	Networkers	Networkers	(from Adult	1,175	1,362	187
Social Care)
Social Prescribing		(from	GPs	and	primary care	1,507	2,662	1,155
teams)
Carers Advisers	&	Outreach Workers (Carers				4,488	8,469	i 3,981
Oxfordshire)
Dementia Advisers		(Dementia		Oxfordshire)		1,040	1,157	117

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			Group		Charity	Charity
			2023	2022	2023	2022
		Notes	6	6	6	6
Fixed assets
Tangible assets		11,12	31,685	43,107	20,075	31,744
Investments		13	657,079	685,984	341,765	352,586
			688,765	729,091	361840	384,330
Current Assets
Debtors		17	306,531	554,067	372,050	328,993
Cash at bank and in hand			871,877	914,389	559,259	619,360
			1,178,408	1,468,456	931,309	948,352
Creditors: amounts within one year	falling due	to	(484,406)	(723,989)	(327,679)	(287,277)
Net current assets			694,002	744467	603,631	661,076
Total assets less current liabilities			1,382,767	1,473,558	965,471	1,045,406
Creditors: amounts falling due after more than one year					(47,940)	(54,549)
Net assets			1,334,827	1,419,009	917,531	990,857
Income funds		22
Restricted funds			19,987	1,250	19,987	1,250
Unrestricted funds:
Designated			175,000	200,000	100,000	150,000
General			1,139,840	1,217,759	797,544	839,607
Total Charity funds			1,334,827	1,419,009	917,531	990,857

Voluntary income - Consolid	ated
	Unrestricted	Restricted	Total	Total
	Funds	Funds	2023	2022
	8	6	2	2
Donations and gifts	75,417	0	75,417	55,399
Legacies receivable	53,403	0	53,403	67,485
Grants receivable for core activities	158,317	146,895	305,212	522,308
For the year ended 31 March 2023	287,138	146,895	434,033	645,192
For the year ended 31 March 2022	638,632	6,560		645,192

Voluntary i	ncom	e —Charity
			Unrestricted	Restricted	Total	Total
			Funds 2	Funds 2	2023 f	2022
Donations and gifts			73,298	0	73,298	53,308
Legacies receivable			53,403	0	53,403	67,485
Grants receivable activities		for core	157,817	146,895	304,712	502,308
Forthe year March 2023	ended 31		284,519	146,895	431,414	623,101
For the year 2022	ended	31 March	616,541	6,560		623,101
Investment	income —consolidated
					2023	2022
						2
Income from	listed	investments			18,390	13,723
Interest receivable					2,259	546
					20,649	14,269

Total resources	expended	—Consolidated
		Staff	Depr'I'n	Other	Total	Total
		Costs		Costs	2023	2022
		f		2	2	2
Raising funds
Costs of generating income	voluntary	53,303			53,303	51,915
Costs of generating	funds	350,834	0	0	350,834	215,260
Costs of trading subsidiaries		542,767	2,714	97,469	642,950	563,705
Investment management		0	0	1,290	1,290	1,122
		946,904	2,714	98,759	1,048,377	832,002
Charitable activities
Activities undertaken	directly	2,693,170	12,182	1,248,006	3,954,073	3,485,217
For the year ended March 2023	31	3,640,789	14,896	1,346,765	5,002,450
For the year ended 2022	31 March	3117946	18,128	1,181,143		4,317,219

		Staff	Depr't'	Other	Total	Total
			n
		Costs		Costs	2023	2022
		2		2	2	2
Raising funds
Costs ofgenerating income	voluntary	27,692	0	250	27,942	27,267
Costs of generating	funds	339,232	0	11,602	350,834	215,260
Investment management		0	0	897	897	763
		366,924	0	12,749	379,673	243,290
Charitable activities
Activities undertaken	directly	2,385,738	11,668	763,948	3,161,354	2,825,744
For the year ended 2023	31 March	2,752,662	11,668	776,697	3,541,027
For the year ended 2022	31 March	2,354,713	14,735	699,585		3,069,034

				Group		Charity	Charity
				2023	2022	2023	2022
				Number	Number	Number	Number
Direct charitable				160	147	123	119
Administration		and support		26	19	22	16
				186	166		135
				Group		Charity
				2023	2022	2023	2022
				8	6	6	2
Wages and	salaries			3,365,009	2,884,269	2,473,016	2,108,125
Social security costs				232,559	190,540	160,294	128,175
Pension contribution				113,597	111,934	68,370	61,589
Recruitment,		retention	and training	44,636	70,298	39,769	60,081
Redundancy		pay		3,152	0	3,152	0
Temporary	staff			8,274	6,744	8,274	6,744
				3767227	3263785	2752875	2364774

Tangible	Fixed Assets —Conso	lidated
		Leasehold	Office and IT	Total
		property	Equipment
		2	2
Cost
At 1 April 2022		79,709	147,880	227,590
Additions		0	3473	3,473
At 31 March	2023	79,709	151,354	231,063
Depreciation	and impairment
At 1 April 2022		48,119	136,364	184,483
Depreciation	charged for the year	10,486	4,410	14,896
At 31 March	2023	58,606	140774	199,379
Carrying amount
At 31 March	2023	24 404	10000	21 004
At 31 March	2022	31,590	11,516	43,107

2 Tangible	Fixed Assets —Charit	y
		Leasehold	Office and IT	Total
		property f	Equipment 2
Cost
At 1 April 2022		75,598	118,377	193,975
Additions		0	0	0
At 31 March	2023	75,598	118,377	193,975
Depreciation	and impairment
At 1 April 2022		45,551	116,681	162,232
Depreciation	charged for the year	9,972	1,696	11,668
At 31 March	2023	55,523	118,377	173900
Carrying amount At 31 March 2023		20,075	0	20 075
At 31 March	2022	30,048	1,696	31,744

		Listed Investments f		Total f
At 1 April	2022	685,984	0	685,984
Additions				0
Change	in value in the year	(28,904)		(28,904)
At 31 March 2023		657,079		657,079

				Listed Investments f	Shares in Subsidiaries f	Shares in Subsidiaries f		Total f
At 1 April 2022				352,586			1	352,587
Additions Change in value in	the year			0 ~10822			0 0	0 ~10822
At 31 March 2023				341,764				341,765
hare in subsidiary	companies		at cost:
					2023f			2022f
Age UK Oxfordshire	Trading	Limited			25,000			25,000
Less: provision					(25,000)			(25,000)
Ethical Legal Service Limited						1		1

Summary of Results ofthe subsidiary	2023	2022
	2	2
Turnover	3,623	1050
Direct expenses	(426)	(383)
Gross profit	3,196	667
Administrative expenses	0	0
Corporation tax	0	0
Net profit/(loss)	3166	667
The aggregate ofthe assets, liabilities and funds was:
Assets Liabilities	25,762 ~55,601	22,131 ~55,166
Deficiency of funds	29,839	33,035

Summary of Results ofthe subsidiary	2023	2022
		E
Turnover	605,538	586,753
Direct expenses	(6,643)	(7,981)
Gross profit Administrative expenses and interest payable	598,895 ~638,620	578,772 ~555,524
Net Profit/ (Loss)	39725	23 198
The aggregate ofthe assets, liabilities and funds was:
Assets Liabilities	63,677 ~204,296	127,938 ~228,831
Deficiency of funds	(140,619)	(100,894)

ll activities have been consolidated on a line by line bas fthe subsidiary is shown below.	is in the SOFA. A sum	mary ofthe results
Summary of Results ofthe Subsidiary	2023f	2022f
Incoming resources Resources expended	1,030,993 ~4,005320	867,971 ~792.549
Net Movement in funds	25673	75,432
The aggregate ofthe assets, liabilities and funds
was:
Assets Liabilities	641,044 ~101,816	842,016 ~325461
Surplus offunds	539228	513555

7 Debtors
		Group		Charity
		2023	2022	2023	2022
Amounts falling due within one
year:
Trade debtors		144,601	406,648	90,625	93,179
Amounts owed by group undertakings			0	152,715	116,738
Taxes and social security		3,138	4,738
Other debtors		22,541	18,268	0	0
Prepayments	and accrued income	136251	124,412	128710	119,D75
		306,531	554,067	372,050	328,993
Deferred Tax		0	0	0	0
		306,531	554,067	372,050	328,993

		Group		Charity
		2023	2022	2023	2022
		2	2	8	6
Taxation and social security		103,629	100,164	39,382	37,529
Trade creditors		90,253	142,805	99,037	73,786
Other creditors		17,992	17,776	8,824	8,749
Amount owed to group	company	0	0	0	0
Accruals and deferred	income	272,532	463,244	180,436	167,213
		404 406	723909	327679	287 277

	Balance at 1 April 2022	Balance at 1 April 2022	Income	Expenses	Transfers	Balance at 31 March 2023
		6				2
Unrestricted -General
Charity		839,607	3,320,806	3,412,869	50,000	747,544
Action for Carers		463,555	1,030,993	1,005,321	(25,000)	514.228
Age UK Trading		(33,036)	3,623	426	0	(29,839)
Ethical Legal Services 'Consolidation adjustment	(100,894) 48 527		605,538 ~189.589	645,263 ~189,589	0 0	(140,619) 48,527
Total unrestricted -general	1,217,760		4,789,454	4,874,291	25,000	1,139,840
Unrestricted ~ designated		200,000			(25,000)	175,000
Total Unrestricted	1,417,760		4,789,454	4,874,291	0	1,314,840
*Etmination oftransactions	between	group companies
Restricted
Arts Partnership (Esmee Fairbairn)			119,923	99,936		19,987
WODC (Community Revenue Grant)			10,000	10,000
Shanly Foundation		0	2,000	2,000
OCF (Jubilee Fund)		0	9,972	9,972
Pye Charitable Trust		0	5,000	5,000
Bookfeast		1,250	0	1 250
		1,250	146,895	128 158	0	19,987
Total	1	419909	4 SII0266	5 442 409	0	1334827

			Balance at 1 April 2021	Balance at 1 April 2021	Income	Expenses	Transfers	Balance at 31 March 2022
				2				2
Unrestricted -	General
Charity				909,652	3,115,583	3,035,628	(150,000)	839,607
Action for Carers				438,123	890,072	814,641	(50,000)	463,555
Age UK Trading				(33,703)	1,050	383	0	(33,036)
Ethical Legal services *Consolidation adjustment			(124,092) 40,521		586,753 ~130,393	563,555 ~130.303	0 0	(100,894) 48527
Total unrestricted		-general	1,238,507		4,463,065	4,283,812	(200,000)	1,217,760
Unrestricted - designated						0	200,000	200,000
Total Unrestricted			1,238,507		4 463 065	4,283,812		1,417,760
'Elimination of	transactions		between	group companies
Restricted
Arts Partnership Fairbairn)		(Esmee		17,734	0	17,734
Community Lottery Fund				10,362	0	10,362	0	0
Bookfeast				0	6060	5310	0	1 25D
				28,096	6,560	33,406	0	1,250
Total			1	266 602	4469625	4317218	0	1 419009

Funds Movement —Charity	Funds Movement —Charity	Funds Movement —Charity
		Balance at 1 April 2022	Income	Expenses	Transfers	Balance at 31 March 2023
		f				2
Unrestricted
General Designated		839,607 150 Doo	3,320,806 0	3,412,869 00	50,000 ~50 Doo	797,544 100000
Total unrestricted		989,607	3,320,806	3,412,869	0	897,544
Restricted
Arts Partnership Fairbairn)		(Esmae 0	119,923	99,936		19,987
WO DC (Community Revenue Grant)			10,000	10,000
Shanly Foundation 0			2,000	2,000
OCF (Jubilee Fund) 0			9,972	9,972
Pye Charitable	Trust 0		5,000	5,000
Bookfeast		1,250	0	1,250
		1,250	146,895	128,158	0	19,987
Total		990,057	3467701	3041 027	0	917531
harity —prior year
		Balance at 1 April 2021	Income	Expenses	Transfers	Balance at 31 March 2022
		2				2
Unrestricted
General		909,652	3,115,583	3,035,628	(150,000)	839,607
Designated		0	0	0	150,000	150000
Total unrestricted		909652	3110003	3 D35 620	0	989607
Restricted
Arts Partnership Fairbairn)		(Esmae 17,734	0	17,734
Community Lottery Fund Bookfeast 10,362 0			0 6,56D	10,362 531D		0 1,250
		28,096	6,560	33,406	0	1 250
Total		937,748	3,122,143	3,069,034	0	990,857

		Unrestricted fundsf	Restricted fundsf	Total
Fund balances at	31 March 2023are
represented by:
Tangible fixed assets		31,685	0	31,685
Investments		657,079	0	657,079
Current assets		1,158,421	19,987	1,178,408
Creditors: amounts year	falling due within one	(484,406)		(484,406)
Creditors: amounts than one year	falling due after more	(47,940)		(47,940)
		\ 314849	19987	1 334 837

		Unrestricted	Restricted
		fundsf	fundsf	f
Fund balances at	31 March 2023are
represented by:
Tangible fixed assets		20,076	0	20,076
Investments		341,764	0	341,764
Current assets		911,322	19,987	931,309
Creditors: amounts year	falling due within one	(327,679)	0	(327,679)
Creditors: amounts than one year	falling due after more	(47,940)	0	(47,940)
		897544	19987	917531

		2023f	2022f
Surplus for the year		(84,182)	152,406
Adjustments for:
Fair value (gains) and losses on Depreciation and impairment of	investments tangible fixed assets	28,904 14,896	(34,279) 18,128
Movements in working capital:
(Increase)/decrease in debtors Increase/(decrease) in creditors Cash (absorbed by)/generated	from operations	247,536 ~246,192 ~39639	(40,777) 50,963 146 441

				Group		Charity
				2023	2022	2023	2022
				E	8	f	E
Total Income				4,947,171	4,435,578	3,478,523	3,107,934
Expenditure
Staff costs				3,640,789	3,117,948	2,713,106	2,304,633
Other staff costs				597,025	579,570	300,580	300,877
Volunteer costs				740	1,061	698	978
Activity costs				63,856	51,541	63,379	51,541
Premises costs				135,485	130,143	87,792	86,205
Office running	costs			203,789	147,588	129,228	110,159
ITcosts				190,898	165,840	126,170	134,662
Marketing costs				43,707	29,333	31,769	21,506
Legal and professional		costs		90,693	60,385	64,190	40,126
Bank charges				1,618	1,301	137	203
Miscellaneous				18,033	12,027	9,248	3,228
Depreciation				14,896	18,128	11,668	14,735
Bad debts				920	2,584	3,063	180
Total Expenditure				5,002,448	4,317,450	3,541,027	3,069,034
Unrealised (losses)/gains investments			on	(28,904)	34,279	(10,822)	14,209
Net result for	the year			~84 182	152407	~73325	53108