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2024-03-31-accounts

Canterbury ageuK Annual Report and Accounts 2023-2024 i/

Age UK Canterbury Trustee's Report for the year ended 31 March 2024 Age UK Canterbury The object for which Age UK Canterbury is established is: "To promote the relief of elderly people in any manner which now or hereafter may be deemed by law to be charitable in and around the City of Canterbury.. Honorary President Mrs Patricia Shephard MBE DL Board of Trustees David Baxter Tony Ullman Elizabeth Frost Sian Calnan Julie Maclnnes Sandra Worth Chairman Vice Chaimian Treasurer Committee Member- resigned 12 February 2024 Committee Member Committee Member Chiefofficer and Company Secretary Neil Brown Deputy Chief Officer Janet Eales Members ofth8 Company: 20 Banks Lloyds TSB plc, 49 High Street, Canterbury, Kent T12SE CAF Bank Ltd, Kings Hill, West Malling, Kent ME19 4TA Auditors Kreston Reeves & Co. LLP, Montague Place, Quayside, Chatham Maritime, Chatham, Kent ME4 4QU Solicitors Robinsons Solicitors, River House, Stour Street, Canterbury, CT12NZ Gardner and Croft LLP, 2 Castle Street, Canterbury, Kent CT12QH Registered Charity No 1094385. Registered Company No 451197

Age UK Canterbury Trnstee's Report for the year ended 31 March 2024 CHAIRMAN'S REPORT Welcome to this year's annual report. We are pleased to be able to report that the charity remains stable despite a challenging financial position. We have been suc￿Ssful in continuing to receive income from several new areas which include IMAGO Wellbeing Programmes, The Big Lottery Fund and Age UK Cost of Living Grant allocation. Ongoing developments and improved capacity in both our Dementia Day Care and Foot Health Service supports improved income opportunities. The cost of living crisis continues to impact areas such as our charity shop but despite this we have built upon the success of previous years alongside the service developments implemented as a result of operational remodelling. The ongoing delivery of high quality services to older people living in Canterbury and surrounding areas fully supports both our Strategic and Business Planning objectives. Age UK Canterbury continues to meet all its statutory obligations in all areas. In April 2023 we were again successful in achieving our annual ISO 9001'.2015 accreditation through the British Assessment Bureau. This is specifically awarded for providing quality management for the delivery of social and health opportunities and outreach services to older people in the Canterbury and surrounding areas. As part of our strategic planning and business development model, Age UK Canterbury made an application to the Kent Community NHS Foundation Trust to be awarded an Any Qualified Provider (AQP) status to deliver NHS Podiatry servI￿s in partnership with the NHS Podiatry Service. This contract was awarded to Age UK Canterbury in September 2023 for a three year contract with an additional two year extension. The success of the charity has only been possible due the excellent dedication of our staff, volunteers and the partners that we work with and through in support of our charitable objectives. We wish to thank all the individual people, businesses and organizations that have supported us through donations and legacies. This is critical since it is not always appreciated that we are a small independent charity. On behalf of the Board of Trustees and Age UK Canterbury, We would like to thank all our staff, volunteers, collaborative partners, members and fellow Trustees for the excellent work and support. We would also like to thank our President and Volunteer Charity Shop Manager, Mrs Tricia Shephard with her volunteers who continue to work tirelessly for the success of our Charity Shop in St Peter's Street, Canterbury. David Baxter Chair of Board of Trustees

Age UK Canterbury Trust••'¥ Report for the year •ndèd 31 March 2024 CHIEF OFFICER'S REPORT We are most pleased to highlight in this Annual Report the improvements and developments achieved in 2023124 and we would like to extend our grateful and sincere thanks and appreciation to David Baxter and the Board of Trustees for all their support over the last year. The charity continues to develop new services and grow effectively to deliver the quality and provision needed by our clients in line with our strategic and business plans, During the last year we have continued to worl( collaboratively with NHS and KCC colleagues and as highlighted in the Chairman's report, we have sought and developed new funding opportunities that have supported our ongoing growth over recently challenging times. Our day opportunities, wellbeing programmes, hot meal delivery and dementia day care continue to build capacity. The need for our Foot Health Service has grown considerably over the last few years. This has required the implementation of a workforce development strategy to ensure that Age UK Canterbury keeps pace with the demand placed upon it and has appropriate succession management procedures in place. As a result of this requirement we continue to deliver an accredited clinical training degree programme in partnership with the University of Plymouth. Our Apprentice Podiatrist training covers both the Bsc (Hons) and Msc Podiatry Degree levels. We are also a well established accredited training setting in partnership with The Royal College of Podiatry for the Assistant Podiatry Practitioner qualification. This is a unique model and Age UK Canterbury is the only charity in the UK offering these services and training opportunities. We were also successful in 202312024 in being awarded an NHS Any Qualified Provider status for the delivery of NHS Podiatry in our local community. This is also a unique national accreditation for an Age UK. Integrated health and social care within the community remains a key part of the charity's strategic direction. In line with this commitment our Personalized Independence Programme, Community Navigation and Hospital Care Navigation Services provide extremely effective community pathways in supporting wellbeing, independence and social inclusion for the clients that we deliver these services to. As with previous years, we continue to refurbish and upgrade our facilities at both the centre and the charity shop. Most recently we have upgraded our kitchen facilities at the centre and also the IT infrastructure at our charity shop in order to implement the introduction of Gift Aid. Heartfelt thanks go to all our excellent staff and volunteers for the invaluable work that they all undertake. Our achievements in 2023124 were only made possible by the sterling efforts and hard work of our staff and volunteers including our wonderful President, Tricia Shephard and her team of volunteers that she leads at our charity shop. Dr Neil Brown Chief Officer

Ago UK Canterbury Trust•e'8 Report for th• year ended 31 March 2024 SERVICES REPORT As a result of the Kent County Council contract cessation, we undertook a fundamental review of our service delivery areas together with our capacity arrangements within each service. As a result of this, new funding opportunities were sought and we were awarded the Wellbeing Matters Plus Service managed by IMAGO. The year has been successful in achieving a range of new wellbeing programmes which support not only our existing client base but we have also welcomed new clients to this Servi￿ area. The award of the Dementia Contract with the NHS Kent and Medway Integrated Care Board (ICB) has proven to be very successful in 2023124 not least in the outreach arrangements but also referring appropriate post-diagnostic clients to our dementia day care services. The Dementia and Me roles include a single point of access for help and support for all things to do with dementia across the Canterbury and Faversham areas. Staff visit clients in their own home and create a support plan and offer a wide range of support and advice. In addition, a varied range of group-based support activities are available including Dementia Cafes, Peer Support Groups, Befriending and Younger Onset Groups, The Foot Health Services continues to develop and grow and over the last three years we have provided around 27,000 appointments to our caseload of patients over 55 years old both in our clinics and community home visiting. Our Hot Meal Services continues to provides a consistent service delivery within the community . Most of the clients accessing our hot meal service are on a long term basis. There is always a daily challenge to get these meals prepared, packed and delivered in a short space of time, but with the support of staff and volunteers the service has been extremely important for the community. We continue to offer a variety of wellbeing activities for the members to try,. some are more successful than others but the majority of members are willing to try a new activity when it is introduced. All the activities are aimed at preventing social isolation, depression and falls and they also encourage social interaction. Our activity review will seek to ensure that even greater engagement is achieved by members going forward. In addition, we deliver many other key and critical services such as Community Navigation, Information and Advice, Befriending, Hospital Care Navigation Service and Personalised Independence Service. Our charity shop also provides a critical community focus and much needed income for the charity. We have lovely, helpful volunteers and it has been nice to have a mixture of both young and the more mature, it is always uplifting to see the development in their confidence and social interaction. Mrs Janet Eales Deputy Chief Officer

Age UK Canterbury Trustee's Report for the year ended 31 March 2024 CHARITY SHOP REPORT Our Charity shop in St Peters Street continues to trade very well despite the difficult environment for trading at the current time. The shop seeks to open seven days a week and frequently during Bank Holiday periods. Our volunteers, as always, are extremely welcoming and always remain customer focused. The shop not only provides much needed financial support for our charity, but it also acts as a community hub and focal point for older people to support them in accessing our services. In addition, our charity shop delivers much needed support particularly for our younger volunteers in gaining experience and confidence in the working environment and enabling a steppingstone into their future career. A range of items are accepted by us, such as, clothes, bric a brac, suitably PAT tested electrical equipment, books CD'S, DVDS, and in fact most things but we do have to be careful as there are trading regulations which we must conform to. We do not sell any baby equipment ft)r safety reasons. All donations must be sorted carefully, clothes are sized, priced, and steamed and most of the china and glass must be carefully washed before it is suitable to go on the shelves. We do code our clothes so that we know how long they have been on sale and so reduce the price after a month. We do have an arrangement when any clothes not suitable ft)r sale are sent for recycling and these are collected frequently. Our windows are themed, and this depends on the time of year, for example, festivities such as Christmas and Easter together with other celebrations such as St Valentine's Day. We reserve items for sale for these times to make a colorful show. We do find we sell items from the windows and try to make them eye catching to encourage new customers into the shop. Toy weeks are also very popular, but most toys take hours of sorting as often toy boxes are just emptied into sacks and brought in and so putting toys together into a saleable object is often a great challenge! Our extreme gratitude and thanks as always, goes to our supporters who provide much needed donations. Without everyone's generosity we would not have a shop and even more importantly the many volunteers who cheerfully work and help us every week. Mrs Tricia Shephard Volunteer Charity Shop Manager

Age UK Canterbury Trnstee's Report for the year ended 31 March 2024 STATISTICAL INFORMATION AGE UK CANTERBURY 2023- 2024 DAY CENTRE 1794 AThENDANCES FOOT HEALTH SERVICE VISITS 9905 APPOINTMENTSIHOME INFORMATION AND ADVICE 550 INTERVENTIONS COLLINS UNIT- DEMENTIA DAY CARE 2196 AThENDANCES MEALS ON WHEELS 6774 MEALS DELIVERED BEFRIENDING 364 VISITS HANDYMAN 44 KEY SAFES FITTED WELLBEING ACTIVITIES 5700 AThENDANCES OUTREACH SERVICES {COMMUNITY NAVIGATORS, HOSPITAL CARE NAVIGATORS, PERSONAL INDEPENDENCE COORDINATORS AND DEMENTIA AND ME COORDINATORS) 4305 VISITSIINTERVENTIONS

Ag& UK Canterbury Trustee's Rèport for the year ended 31 March 2024 Could you support our work? You could make a difference to the lives of older people in Canterbury and surrounding areas by supporting our work in the following ways: Cheques Please make cheques payable to 'Age UK Canterbury, and send to our office in Castle Row Canterbury CT12QY. Online Visit our website wwwageukcanterbury.org.uk to donate through the Just Giving website. For more information please call 01227 462368 email canterburyinfo eukcanterbu or VTSIt www.a eukcanterbu .or Age UKCanterbury i5acharilabie c￿rrfJanY Ilmlted byguarantee and re4i5tered in England andWa1￿ Reglslered charity number 1094385 Company nutniEr.' 4511978 ReRi5leredorrice Is.. Agec￿Cern P￿71th.￿ Cwtie Row, Canterthry, Kent,, CF12QY

Age UK Canterbury Trustee's Report for the year 8nded 31 March 2024 REPORT AND FINANCIAL REVIEW 2023 -2024 Structure, Governance and Managernent The company is registered as a charitable company limited by guarantee and was incorporated on 15 August 2002. It is governed by it5 Memorandurn and Article5 of Association. The members of the Trustee Board during the financial year were as listed on page 1 . The Trustee Board was formed in 2002 with the original Chairman and Trustees being elected into office at the Annual General Meeting (AGM) in 2003. The Trustees are aware of the responsibilities which they carry and will be looking for suitabLe people with whom to share them when vacancies arise. Appropriate training and help have been given and will be offered to new Trustees when they are appointed. Safeguarding is a critical factor in all the work carried out in the charity and regular training for staff and volunteers is completed on an ongoing basis. Our safeguarding policies and procedures are reviewed annually to ensure that we keep pace with any changes to requirements and legislation. The Trustees have met 8 times during the financial year, being responsible for the oversight of the planning and of the management of the activities and finances of the Charity. The Board is supported by the Chief Officer who attend5 each meeting and who is responsible for the day-to-day operational management and delivery of all the services provided by Age UK Canterbury and of the staff and volunteers. The Chief Officer is a5SlSted in this by Mrs Janet Eales, Deputy Chief Officer. At the Centre in Castle Row a total of 34 members of staff were employed up until March 2023. The staff were supported by around 72 volunteers lincLuding the Charity Shop in St Peter's Street) who continued to work with us throughout the pandemic, The main risk to the Company is the withdrawal of the funding provided for services by Kent County Councll at the end of March 2022. The Trustees do ensure that the reserves would cover redundancies should that need arise and now have nine months running costs in the unrestricted reserves. Public Benefit The charity offers support to all people in the Canterbury and surrounding areas over 55 to enable them to make the most of later Life throuoh the provision of support, activities friendship, advice and services to support their mobility and independence. Achievements and Performance The achievements and performance during the financial year are as set out in various proceeding Reports particularly those of the Chairman and Chief Officer. Future Plans Plans are again set out in the Chairman's and Chief Officer's Report.

Age UK Canterbury Trustee's Report for the year ended 31 March 2024 Financial Review The details of Income and Expenditure for the 202312024 financial year are set out in the accompanying Statement of Financial Activities and Note5 to the Accounts. The Charity remained in a healthy financial posltion throughout the period. We are grateful to Canterbury City Council for their Discretionary Business Rate Relief On our Centre and Charity shop premises. Donations from local organisations, clients and friends, totaLled £17,957. These funds were put on deposit to gain interest until required. We are very grateful for all thi5 financiaL support. The Age UK Canterbury shop in the main street of Canterbury continues to provide an essential source of funds. During this financial year, sales yielded a record net profit of £53,659 which represents a significant addition to the general funds. This would not be possible without the hard work of the volunteers who kept the shop open Monday to Sunday throughout the year and who also sorted and labelled the huge amount of donated second hand items of clothing, books, record5, ornaments and other miscellaneous item5. The Trustees are extremely grateful for all that these voLunteer5 have done on behalf of the Charity. Plans for the future and Reserves and Investment Policy At the year end the total financial reserves held as net current assets were £507,617 These reserves fell into three categories - unrestricted, designated and restricted funds, as shown on the balance sheet. Unrestricted Reserves Company policy is that ideally the unrestricted Liquid reserves should amount to at least the equivalent of six months of total resources expended. At the year end the unrestricted liquid funds amounted to £352,677 which was 50.57% of the year's total unrestricted expenditure. At the financial year end the Tangible Fixed Assets totalled £269,665. Whilst these may provide some security, it is essential, particularly in the present difficult climate, that our main source of income, the KCC contract funding, continues. Without this financial support we would not be able to continue to provide the level of services required by our existing and potential clientele. Designated Reserves The designated reserves as shown in the balance sheet totalled £538,288 at the year end. These reserves were designated for separate purposes, as set out in the statement of funds. RestriGted Reserves The balance of the liquid assets at the year end was £36,317 in the restricted category as itemised at note 20 to the accounts.

Age UK Canterbury Trustee's Report for the year ended 31 March 2024 Reserves Policy There remains an on-going need to set aside further sums for possible expenditure on building maintenance, and to increase the reserves to cover unforeseen circumstances due to the considerably increased extent of the Charity's operations. Thus, there is a need to increase funding to meet the trustees, stated requirement to have sufficient reserves to cover 6 months of on-going operation costs. Investment Policy During the year the Company continued to be in the position of requiring substantial funds at short notice for the provision of increased services, improved accommodation, and for the replacement of equipment. Thus, it was necessary to have most liquid funds on call at short notice, but in such a manner as to maximise interest, with some current asset investments also held in the medium term. Should this situation change and substantial long-term funds accrue, consideration will be given to the appointment of an investment adviser. Statement of Trustees, Responsibilities The Trustees (who are also directors of Age UK Canterbury for the purposes of Company Law) are responsible for preparing the Trustees, Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the charitable company's state of affairs at the end of the year and of its income and expenditure for that period. In preparing these accounts, the Trustees are required to:_ select suitable accounting policies and then apply them consistently. Observe the methods an principles in the Charities SORP., make judgements and estimates that are reasonable and prudent; prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the accounts comply with the Cornpanies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Age UK Canterbury Trustee's Report for the year ended 31 March 2024 Statement of Disclosure of Information to Auditors We the trustees of the charity who held office at the date of approval of these financial statements as set out above each confimi, so far as we are aware, that: there is no relevant audit information of which the charity's auditors are unaware. and we have taken all the steps that we ought to have taken as trustees in order to make ourselves aware of any relevant audit information and to establish that the charity's auditors are aware of that information Auditors In accordance with Section 485 of the Companies Act 2006, a resoLution proposing that Reeves & Co LLP be reappointed as auditor5 of the company will be put to the Annual GeneraL Meeting. In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. At a meeting of the Trustees heLd on 22 October 2024 this report, together with the annuaL accounts were approved and authorlty glven to the undersigned to confirm approval on their behalf. hal stees David Baxter- Chairman

Age UK Canterbury (A company limited by guarantee)

Independent auditor's report to the Members of Age UK Canterbury

Opinion

We have audited the financial statements of Age UK Canterbury (the 'Charity') for the year ended 31 March 2024 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

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Age UK Canterbury (A company limited by guarantee)

Independent auditor's report to the Members of Age UK Canterbury (continued)

Other information

The other information comprises the information included in the Annual report other than the financial statements and our Auditor's report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the Directors of the Charity for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

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Age UK Canterbury (A company limited by guarantee)

Independent auditor's report to the Members of Age UK Canterbury (continued)

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

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Age UK Canterbury (A company limited by guarantee)

Independent auditor's report to the Members of Age UK Canterbury (continued)

based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in my Auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of my Auditor's report. However, future events or conditions may cause the Charity to cease to continue as a going concern.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Charity's Trustees those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and its Trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Kreston Reeves LLP Chartered Accountants Statutory Auditor Chatham Maritime

22 October 2024

Kreston Reeves LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

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Age UK Canterbury (A company limited by guarantee) Statement of financial aGtivities (incorporating income and expenditure account) for the year ended 31 March 2024 Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Note Income from: Donations and legacies Charitable activities Other trading activities Investments 334,946 6,193 143,312 512,478 104,023 9,428 478,258 518,671 104,023 9,428 400,144 449,720 102,331 2,213 Total Income 341,139 769,241 1,110,380 954,408 Expendlture on: Raising funds Charitable activities 46,544 719,892 46,544 1,089,424 45,596 951,223 10 369,532 Total expendlture 369,532 766,436 1,13S,968 996,819 Net {expenditure)lincome Transfers between funds (28,393) (2.996) 2,805 2,996 (25,S88) (42,411) 20 Net movement In funds (31,389) 5,801 (25,588) 142,4111 Reconciliatlon of funds.. Total funds brought forward Net movement in funds 67,706 (31,389) 885,164 5,801 952,870 {25,588) 995,281 {42,411) Total funds carried forward 36,317 890,965 927,282 952,870 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 18 to 42 form part of these financial statements. Page 15

Age UK Canterbury (A Gompany limited by guarantee) Registered number.. 04511978 Balance sheet as at 31 March 2024 2024 2023 Note Fixed assets Tangible assets Investments Current assets 14 15 269,66S 150,000 237,275 Stocks 16 1,819 88,390 300,905 187,296 1,482 85,383 453,721 258,458 Debtors 17 Investments Cash at bank and in hand 18 578,410 799,044 Creditors.. amounts falling due within one year 19 (70,793) 183,449) Net current assets 507,617 715,595 Total net assets 927,282 952,870 Charlty funds Restricted funds 20 36,317 890,965 67,706 885,164 Unrestricted funds 20 Total funds 927,282 952,870 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to enlities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Mr Tony Ullman Trustee Date.. 22 October 2024 Ms Elizabeth Frost Trustee The notes on pages 18 to 42 form part of these financial statements. Page 16

Age UK Canterbury (A Gompany limlted by guarantee) Statement of cash flows for the year ended 31 March 2024 2024 2023 Cash flows from operatlng activities Net cash used in operating activities (note 23) 172,651 11,056 Cash flows from Investing actlvities Dividends, interests and rents from investments Fixed assets disposals NBV Purchase of tangible fixed assets Purchase of Investments 9,428 2,213 1,034 170,4531 (103,241) (150,000 Net cash used in inve5tlng activities (243,813) (67,206) Change In cash and cash equlvalent5 In the year Cash and cash equivalents at the beginning of the year (71,162) 258,458 156,150) 314,608 Cash and cash equivalents at the and of the year (note 23) 187,296 258,458 The notes on pages 18 to 42 form part of these financial statements Page 17

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 General information Age UK Canterbury is a charitable company and an exempt charity incorporated in England and Wales. The registered office is Castle Row, Canterbury, Kent, CT1 2oY. rhe principal activities of the Charity are to support the lives of the older people in Canterbury and the surrounding area. Accounting policies 2.1 Basis of preparation of financial statement5 The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Fieporting by Charities: Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companles Act 2006. Age UK Canterbury meets the definilion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value un5ess otherwise stated in the relevant accounting policy. The financial statements are presented in UK sterling, which is the Charity's functional currency, and rounded to the nearest pound. 2.2 Company status The Charity is a company limited by guarantee. The mernbers of the Charity are the Trustees named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. 2.3 Going concern rhe Trustees assess whether the us8 of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of authonsation for issue of the financial statements and have concluded that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Charity's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements. Page 18

Age UK Canterbury (A company limited by guarantee) Notes to the financial Statements for the year ended 31 March 2024 Accounting poliGies (continued) 2.4 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the periad is shown in the relevant funds on the 8alance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income, Where entitlement occurs before Income is received, the income is accrued. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed lo the projects. Gifts donated for resale are included as income when they are sold. Income tax recoverable in relation to donations received under Gift Aid or deed5 of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the lime the investment income is receivable. 2.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includ8S Costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitls objectives, as well as any associated support casts. Grants payable are charged in the year wh8n the offer is made except in those cases wher8 the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but nat accrued as expenditure. All expenditure is inclusive of irrecoverable VAT. 2.6 Government grants Government grants are credited to the Statement of financial activities as the related expenditure is incurred. 2.7 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity., this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. Page 19

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 Accounting policies (continued) 2.8 Taxation The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. 2.9 Tangible flxed assets and depreclatlon Tangible fixed asset5 Costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or valve of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measuremenl of cost. At eaGh reporting date the Charity 3ssesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amaunl. Depreciation 15 charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives on the following bases.. Leasehold improvements - Centre Minibuses Furniture and Equipment Leasehold improvements Charity Shop 40/0 on Cost (over the term of the lease) 250/0 on Net Book Value 25 /0 on Cost 10 % on Cost (over the term of the lease) 2.10 Investments Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether reali5ed or unrealised, are combined and presented as 'GainsllLossesl on investments, in the Statement of financial activities. Current asset investments include cash or other short-term liquid investments with a short term maturity of more than three months but less than one year, held for investment purposes. 2.11 Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 2.12 Debtors Trade and other debtors are recognised at the settlement amount. Prepayment5 are valued at the amount prepaid. Page 20

Age UK Canterbury (A company limited by guarantee) Notes tc the financial statements for the year ended 31 March 2024 Accounting policies (continued) 2.13 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.14 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimaled reliably. Liabilities are recognised at the amount that the Charity anticipate5 It will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. 2.15 Financial Instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial inslruments are initially recognised at transaction value and subsequently measured at their settlement value. 2.16 Operating leases Rentals paid under operating leases are charged to the Statement of financial activities on a straight line basis over the lease term. 2.17 Pensions The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.18 Employee panslon contrlbutlon$ The Charity contributes to employees, personal pension plans. Contributions payable to these plans are charged to the Statement of financial activities in the period to which they relate. Page 21

Age UK Canterbury (A company limited by guarantee) Notes to the finanGial statements for the year ended 31 March 2024 Accounting policie5 (continued) 2.19 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance Df the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements, Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The airn and Ljse of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Critical accounting estimates and areas of judgement Estimates and judgement5 are continually evaluated and are based on historical experience and other factors, including expectation5 of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions.. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below. Tangible fixed assets The Charity has recagnised tangible fixed assets with a carrying value of £269,665 at the reporting date (see note 141. These assets are stated at their cost less provision for depreciation and impairment. The Charitvs accounting policy sets out the approach lo calculating depreciation for immaterial assets acquired. For material assets such as land and buildings the Charity determines at acquisition reliable estimates for the Ljseful economic life of the asset, its residual value and decommissioning costs. These estimates are based upon such factors as the expected use of the acquired a55et and market conditions. At subsequent reporting dates the Trustees consider whether there are any factors such as technological advancements or changes in market conditions that indicate a need to reconsider the estimates used. Where there are indicators that the carrying value of tangible fixed assets may be impaired Ihe Charity undertakes tests to determine the recoverable amount of assets. These tests require estimates of the fair value of assets less cost ta sell and of their value in use. Wherever possible the estimate of the fair value of assets is based upon observable market prices less incremental cost for disposing of the asset. The value in use calculation is based upon a discounted cash flow model, based upon the Charity's forecasts for the foreseeable future which do not include any restructuring activities that the Charity is not yet committed to or significant future investments that will enhance the asset's performance. The recoverable amount is most sensitive to the discount rate used for the discounted cash flaw model as well as expected future cash flows and the growth rate used for extrapolation purposes Page 22

Age UK Canterbury (A Gompany limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 Income from donations and legacies Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Donations Grants Government grants 414 220,862 113,670 17.543 125,769 17,9S7 346,631 113,670 33,643 249,081 117,420 Total 2024 334,946 143,312 478,258 400,144 Total 2023 330,123 70,021 400,144 Income from charitable actlvities Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Clients minibus contributions Clients meal contributions Meals on wheels Nail cutting Collins unit Transported clients day contributions Meal contributions Handyman service Miscellaneous income Student Placernent Rent Income 50,475 54,353 1,526 268,094 97,630 35,740 594 50,475 54,353 1,526 268.094 97,630 35,740 594 43,722 47.477 763 234,971 89,030 27,728 162 1,631 1,631 6,193 2,085 350 1,748 2,999 1,120 6,193 2,085 350 Total 2024 6.193 512,478 518,671 449,720 Total 2023 2,894 446,826 449,720 Page 23

Age UK Canterbury (A Gompany limited by guarantee) Notes to the financlal statements for the year ended 31 March 2024 Income from other trading activities Unrestrlcted funds 2024 Total funds 2024 Total funds 2023 Charity shop taklngs and sale of purchased Items Fundraising Shop sales and sale of purchased items Outings receipts 100,126 2,446 506 100,126 2,446 506 945 99,175 1,822 1.334 945 Total 2024 104,023 104,023 102.331 Total 2023 102,331 102,331 Investment income Unrestricted funds 2024 Total funds 2024 Total funds 2023 Bank interest receivable 9,428 9,428 2,213 Total 2023 2,213 2,213 Page 24

Age UK Canterbury (A company limlted by guarantee) Notes to the financial statements for the year ended 31 March 2024 Expenditure on raislng funds Unrestricted funds 2024 Total funds 2024 Total funds 2023 Shop costs Shop depreciation 46.467 77 46,467 77 45,519 77 Total 2024 46,544 46,544 45,596 Total 2023 45,596 45,596 Analysls of grants Grants to Indlvlduals 2024 Totsl funds 2024 Total funds 2023 Outreach & Other Funded SeNices 19 19 37 Total 2023 37 37 Page 25

Age UK Canterbury (A Gompany limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 10. Analysis of expenditure on charitable activities Summary by fund type Restricted Unrestricted funds funds 2024 2024 Total 2024 Total 2023 Day Centre Mini Buses Outreach & Other Funded Services Dementia Unit 180,990 533,674 51,439 26,145 108,634 714,664 51,439 214,687 108,634 561,115 39,677 256,842 93,589 188,542 Total 2024 369,532 719,892 1,089,424 951,223 Total 2023 249,702 701,521 g51,223 11. Analysi5 of expendlture by activities Grant Dlrect fundlng of costs actlvities 2024 2024 Support costs 2024 Total funds 2024 Total funds 2023 Day Centre Mini Buses Outreach & Other Funded Services Dementia Unit 520,536 43,326 194,128 8,113 714,664 51,439 561,115 39,677 196,630 68,074 19 18.038 40,560 214,687 108,634 256,842 93,589 Total 2024 828,566 19 260,839 1,089,424 951,223 Total 2023 700,616 37 250,570 951,223 Page 26

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 11. Analysis of expenditure by activities {continued) Analysis of direct costs Outreach & Other Funded Services 2024 Dementia Unit 2024 Total funds 2024 Total funds 2023 Day Centre Mini Buses 2024 2024 Staff costs Depreciation Kitchen Minibus expenses Private car drivers Centre shop purchases Entertainment and outings Repairs and maintenance Training Cleaning Provision of services 320,685 54,624 48,694 3,421 16,150 195,099 68,071 587,276 70,774 48,694 481,781 53,739 41,392 17,339 17,339 43,718 274 274 406 461 461 932 1,043 1.120 2,163 1,240 39,980 14,070 5,209 6,416 46,396 14,314 5,209 30,537 11,722 3,840 244 35,496 167 35,666 31,309 Total 2024 520,536 43,326 196,630 68,074 828,566 700,616 Page 27

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 11. Analysis of expenditure by activities (continued) Analysis of support Gosts Outreach & Other Funded Services 2024 Dementia Unit 2024 Total funds 2024 Total funds 2023 Day Centre Mini 8u5es 2024 2024 Staff costs Legal and professional fees 97,697 8.113 17,846 40,560 164,216 160,359 5,163 50,842 27.082 1,956 260 5,163 51,034 27,082 1,956 260 8,948 48,178 22,440 1,756 693 Office expense5 Utilitie5 Insurance Bad debts Auditors, remuneration 192 11,128 11,128 8,196 Total 2024 194.128 8.113 18,038 40,560 260.839 250,570 Page 28

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 12. Staff costs 2024 2023 Wages and salaries Social security costs Pension costs 690,569 46,393 14,530 587,709 42,116 12,315 751,492 642,140 The average number of persons employed by the Charity during the year was as follows: 2024 2023 No. Employees 30 32 The average headcount expressed as full-time equivalents was.. 2024 No. 2023 Employees 24 25 No employee received remuneration amounting to more than £60,000 in either year. During the financial year the Charity's senior key management personnel received remuneration and benefits. including employerfs national insurance contributions, amounting to £102,262 (2023.. £90,446). 13. Trustees, remuneratlon and expenses During the year, no Trustees received any remuneration or other benefits (2023 - £NIL). During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL). Page 29

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 14. Tangible fixed assets Leasehold Charity Shop lrnprove- ments Leasehold Centre Improve- ments Furniture and Equlpment Minibuses Total Cost or valuation At 1 April 2023 Additions Disposals 576,317 27,882 13,210 2,018 87,285 36,080 149,415 37,261 {11,696) 826.227 103,241 (11,696) At 31 March 2024 604,199 15,228 123,365 174,980 917,772 Depreciation At 1 April 2023 Charge for the year On disposals 398,613 29,640 12,823 582 58,767 16,150 118,749 24,479 (11,696) 588,952 70,851 {11,696) At 31 March 2024 428,253 13,405 74,917 131,532 648,107 Net book value At 31 March 2024 175,946 1,823 48,448 43,448 269,665 At 31 March 2023 177,704 387 28,518 30,666 237,275 15. Fix•d asset Investments Unlisted Investments Cost or valuatlon Additions 150,000 At 31 March 2024 150,000 Net book value At 31 March 2024 150,000 Page 30

Age UK Canterbury (A company limlted by guarantee) Notes to the financial statements for the year ended 31 March 2024 16. Stocks 2024 2023 Stocks 1,819 1,482 17. Debtors 2024 2023 Due within one year Trade debtors Other debtors Prepayments and accrued income 41,818 2,484 44,088 51,098 2,715 31,570 88,390 85,383 18. Current asset investments 2024 2023 Short-term deposit accounts 300.905 453,721 Page 31

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 19. Creditors: Amounts falling due wlthln one year 2024 2023 Trade creditors Other taxation and social security Other creditors Accruals and deferred income 11,913 12,108 3,982 42,790 20,763 9,835 2,821 50,030 70,793 83,449 2024 2023 Deferred income at 1 Aprrl 2023 Resources deferred during the year Amounts released from previous periods 5,000 20.835 (5,000) 5,000 5,000 15,0001 Deferred income at 31 March 2024 20,835 5,000 Deferred income is in relation to grant income received in advance. Page 32

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 20. Statement of funds Statement of funds - current year Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Unrestricted funds Designated funds Fixed Assets Fund Provision for Contingencies Equipment Replacement Carerfs Support Fund NHS Vanguard Foot Health Governance Redundancy Provision Building Maintenance Fund 237,275 172,000 1,045 726 (70,8511 103,241 269.665 172,000 1,045 726 50,000 5,000 29,852 10,000 150,000) (5,000) 55,000 84,852 10,000 505,898 (70,8511 103,241 538,288 General funds General Funds 379,266 769,241 (695,585) (100,245) 352,677 Total Unrestrlcted funds 885,164 769,241 (766,436) 2,996 890,965 Page 33

Age UK Canterbury (A company limlted by guarantee) Notes to the financial statements for the year ended 31 March 2024 20. Statement of funds (continued) Balance at 31 March 2024 Balance at I April 2023 Transfers inlout Income Expenditure Restricted funds Outreach Fund Hardship Fund KCC Community Navigator Fund Foothealth Service Lapwing Personal Independence Programme Vascular Equipment Donations Dementia Co-ordinator DEMO 6,607 (1,147) {10) 5,460 751 1,349 (588) 111,663 2,007 (102,235) {2,007) 9,428 2,408 (2,408) 47,560 {45,045) {597) (75,059) (29,161) (74,2711 (40,000) 2,515 597 4,140 13,691 35,521 10,000 76,798 27,754 38,750 30,000 5,879 12,284 Imago Wellbeing Contract Cost of Living Response Fund 67,706 341,139 (369,532) (2,996) 36,317 Total of funds 952,870 1,110,380 (1,135,968) 927,282 Page 34

Age UK Canterbury (A Gompany limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 20. Statement of funds (continued) Statement of funds - prior year Balance at 31 March 2023 Balance at 1 April 2022 Transfers inlout Income Expenditure Unrestricted funds Deslgnated funds Fixed Assets Fund Provision for Contingencies Equipment Replacement Carerfs Support Fund NHS Vanguard Foot Health Governance RedundanGy Provision Building Maintenance Fund 221,672 172,000 1,045 726 50,000 5.000 29,852 10.000 153,8161 69,419 237,275 172,000 1,045 726 50,000 5,000 29,852 10.000 490,295 153,8161 69,419 505,898 General funds General Funds 499,564 621,391 (693,3011 148,388) 379,266 Total Unrestricted funds 989,859 621,391 (747,1171 21,031 885,164 Page 35

Age UK Canterbury (A Gompany limited by guarantee) Notes to the financial statements for the year ended 31 MarGh 2024 20. statement of funds Icontinuedl Balance al 31 March 2023 Balance at 1 April 2022 Transfers inlout Income Expenditure Restricted funds Outreach Fund Hardship Fund KCC Community NavigatorFund Foothealth Service 3,174 13,1741 {371 1,386 1,349 111,663 2.007 1111,6631 (2,0071 Lapwing Personal IndependenceProgramme Vascular Equipment Donations Dementia Co-ordinator DEMO Minibus Donation Imago Wellbeing Contract Cast of Living Response Fund 2.408 2,408 41,322 {41,322) 1.628 11,031) 597 4,140 13,691 85,398 23,932 20,000 35,521 10,000 (81,2581 (10,2411 {20,000) 35,521 10,000 5,422 333,017 (249,702) 121,0311 67,706 Total of funds 995,281 954,408 (996,8191 952,870 Designated funds comprise: a). Flxed Assets Fund A fund that represents the net book value of the tangible fixed assets at the Balance sheet date. bl. Provislon for Contingencies This amount has been designated by the Trustees, and will be used by the charity in the short-term in the event that future local authority funding is not available, the minibuses need premature replacement or legislation requires unforeseen expense. cl. Equipment Replacement Funds have been raised specifically to replace equipment at the Centre. This is an ongoing process. d). Carer's Support Fund Funds have been specifically to provide support for Carers and will be held pending such need arising. This is an ongoing process. el. NHS Vanguard A fund created to provide potential development money for the NHS Vanguard initiative, an innovative Page 36

Age UK Canterbury (A company limited by guarantee) Notes to the financial statement5 for the year ended 31 March 2024 approach to service delivery. No decisions have yet been made regarding when these costs will be incuryed. Page 37

Age UK Canterbury (A company limited by guarantee) Notes to the financial Statements for the year ended 31 March 2024 Foot Health GovernanGe A fund specifically set up to fund the governance costs of the foot health Service when the Chief Exective Officer is absent for any period of lime. g). Redundancy Provision A fund created to, if the need may arise, enable the Charity to have a pot of money available in order to pay for any staff redundancy costs. h). Building Maintenance Fund A fund created to assist with any major expenditure that may be incurred now that the lease with KCC has come into force. This is an ongoing process. Restrlcted funds comprise: al. Outreach Fund This is the fund used to receive and spend the grant given specifically by Kent County Council for the purpose of providing a visiting service to Carers responsible for looking after and caring for older dementia Sufferers in their own homes. This fund goes towards the employment and expenses. including the overhead costs of two part time Outreach workers, who provide valuable support for Carer5 in Canterbury and the surrounding villages, many of whom find their lives stressful and tiring with little respite. b). Hardship Fund The Hardship Fund contains those funds donated with requests that they be used Specifically for individual clients experiencing financial need. We are grateful lo those donating in this way, thus providing some emergency funding for any of our clients who may be in desperate financial straits. c). KCC Comrnunity Navigator Fund A fund to account for the grant given by Kent County Council to provide the services of a Care Navigator for the Districts of Canterbury, Herne Bay and Whitslable. The service is working in conjunction with INVOKE (Independence through the Voluntary Action of Kent's Elders), a partnership be￿een Age UK Canterbury, Kent County Council and Eastern & Coastal Kent Primary Care Trust. d). Foothealth Servlce This has been funded by Canterbury Clinical Commissioning Group and covers the costs of providing the Foothealth Service. e). Lapwing Live Art Practice Wellbeing Inspired Network Group was a programrne led by Age UK Canterbury. The project's main aim was to build the confidence, capability and capacity of Kent's professional artists to facilitate more effectively, to achieve arts inspired "dementia-friendly and 'mental health-alert" communities. fj. Personal Independence Programme Integrated care programme working with local GPS to support the elderly in the community with two long term medical conditions. g). Vascular Equipment Donatlons Donations received by the Charity to help fund the purchase of vascular equipment. These have been used as and when necessary, to purchase the required equipment. Only a small balance is carried forward at the year end. h). Dementia Coordlnator A single point of access to provide support for those diagnosed with dementia or suspected dementia, their carers and family. The fund pays for staff salaries plus all expenses associated with the Service. Page 38

Age UK Canterbury (A company lirnited by guarantee) Notes to the financial statements for the year ended 31 March 2024 i). DEMO (Dementia Organizers) Group support for people affected by Dementia. To facilitate Dementia Cafe's Peer Support Groups, providing basic Information and Advise at Café's. The fund pays for staff salaries, hall hire plus all expenses associated with the seNice. j). Minibus Donation A £20,000 donation given to the Charity for the purpose of purchasing a new minibus. The purchase has happened during the financial year, and hence the balance has been transferred out of restricted funds. k). Imago Wellbeing Contract To provide a range of dally activities and befriending, to help promote health and wellbeing in over 55s, l). Cost of Llvlng Response Fund This is funded by Age UK to deliver activitieslmealsland other services to help support and maintain independence. The fund goes towards salaries and expenses. 21. Summary of funds Summary of funds - current year Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Designated funds General funds Restricted funds 505,898 379,266 67,706 (70,851) {695,585) (369,532) 103,241 (100,245) (2,996 538,288 352,677 36,317 769,241 341,139 952,870 1,110,380 (1,135,968) 927,282 Age UK Canterbury is an independent charity. We are a "Brand Partner of the national charity, Age UK and are responsible for our own finances. Due to cuts and expected further cuts in government funding, we are increasingly looking for new sources of funding. The transfer inlD Designated funds of £103,241 is an annual adjustment made to ensure the carried forward balance on the Fixed asset fund agrees to the the Fixed asset net book value carried forward. The transfer out of restricted funds relates to the restricted Minibus donation being utilised and Vascular Equipment donations. Free reserves at 31 March 2024 were £235,382 (2023.. £379,266). This is sufficient to cover our normal expenditure for around 3 months. The age profile of our beneficiartes is increasing, which means our services are more and more essential. Any break in our service provision could have a detrimental effect on some of our more vulnerable users. We are anxious to continue growing both the quality and level of our services to the local population. which is why we are seeking new sources of funding. We would welcome the opportunity to discuss our charity and our aspirations with you. Page 39

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 21. Summary of funds (continued) Summary of funds . prlor year Balance at 31 March 2023 Balance at 1 April 2022 Transfers inlout Income Expenditure Designated funds General funds 490,295 499,564 5,422 (53,8161 {693,3011 {249,7021 69,419 (48,3881 (21,0311 505,898 379,266 67,706 621.391 333,017 Restricted funds 995,281 954.408 (996,8191 952,870 22. Analysls of net assets between funds Analy51s of net assets between funds - Gurrent perlod Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Tangible fixed assets Fixed asset investments Current assets 269,665 150,000 542,093 (70,7931 269,665 150,000 578,410 (70,793> 36,317 Creditors due within one year Total 36,317 890,965 927,282 Analysls of net assets between funds - prior period Restricted Unrestricted funds funds 2023 2023 Total funds 2023 Tangible fixed assets Current assets 237,275 731,338 183,449) 237,275 799,044 (83,449) 67,706 Creditors due within one year Totsl 67,706 885,164 952,870 Page 40

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 23. Reconciliation of net movement in funds to net cash flow from operating activities 2024 2023 Net expenditure for the period (as per Statement of Financial Activities) (25,588) (42.411) Adjustments for: Depreciation charges Dividends, interests and rents from investments Decreasel{increase) in stocks Increase in debtors (Decrease) increase in creditors Increase in current asset investments 70,851 (9,428) (337) {3,007} (12,656) 152,816 53,816 (2,213) 235 135,6221 37,882 (631) Net cash provlded by operating activltles 172,651 11,056 24. Analysis of cash and cash equivalents 2024 2023 Cash In hand 187,296 258,458 Total Gash and cash equivalents 187,296 258,458 25. Analysls of changes In net dabt At 1 Aprll 2023 Ca$h flows At 31 March 2024 Cash at bank and in hand Liquid investments 258,458 453,721 (71,162) (152,816) 187,296 300.905 712,179 (223,978> 488,201 Page 41

Age UK Canterbury (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 26. Pension commitments rhe Charity operates a defined Gonlributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £14,530 {2023 - £12,315). As at 31 March 2024, contributions of £3.982 were payable to the Charity12023 - £2,821). 27. Operating lease commltments At 31 March 2024 the Charity had commitments to make future minimum lease payments under non- cancellable operating leases as follows: 2024 2023 Not later than 1 year Later than 1 year and not later than 5 years Later than 5 years 23,598 2,394 100 18,050 150 100 26,092 18,300 28. Related party transactions There were no related party transactions in the reporting period. In 2023, the Charity has paid £500 worth of solicitor expenses to Robinson Solicitors, of which is jointly owned by Sandra Worth (Trustee). There are no amounts outstanding with any related parties at the Ba12nce sheet date12023'. £Nil). Page 42