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: 

- give a true and fair view of the state of the Charity's affairs as at 31 March 2024 and of its income and application of resources, including its income and expenditure for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Charities Act 2011. 

## **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. 

Page 11 



**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: 

- the information given in the Trustees' report is inconsistent in any material respect with the financial statements; or 

- sufficient accounting records have not been kept; or 

- the financial statements are not in agreement with the accounting records and returns; or 

- we have not received all the information and explanations we require for our audit. 

## **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. 

Page 12 



**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: 

- Discussions with management and assessment of known or suspected instances of non-compliance with laws and regulations (including health and safety) and fraud; and 

- Challenging assumptions and judgements made by management in its significant accounting estimates; and 

- Performing analytical procedures with automated data analytical tools to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud; and 

- Confirmation of related parties with management, and review of transactions throughout the period to identify any previously undisclosed transactions with related parties outside the normal course of business; and 

- Physical inspection of tangible assets susceptible to fraud or irregularity; 

- Assessment of identified fraud risk factors; and review of cash expenditure to confirm no evidence of personal benefit; and 

- Reading minutes of meetings of those charged with governance; and 

- Review of significant and unusual transactions and evaluation of the underlying financial rationale supporting the transactions; and 

- Identifying and testing journal entries, in particular any manual entries made at the year end for financial statement preparation. 

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: 

- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. 

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the Charity's internal control. 

- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Trustees. 

- Conclude on the appropriateness of the Trustees' use of the going concern basis of accounting and, 

Page 13 



**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. 

- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 

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. 

Page 14 



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