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← Age UK Wakefield District

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 04512958 (England and Wales) REGISTERED CHARITY NUMBER: 1096511

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

AGE UK WAKEFIELD DISTRICT

UHY Calvert Smith LLP Statutory Auditor Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW

AGE UK WAKEFIELD DISTRICT

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Report of the Trustees 1 to 12
Report of the Independent Auditors 13 to 15
Consolidated Statement of Financial Activities 16
Charity Statement of Financial Activities 17
Consolidated and Charity Balance Sheet 18
Consolidated Statement of Cashflows 19
Notes to the Consolidated Statement of Cashflows 20
Notes to the Financial Statements 21 to 38

AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

CHAIR’S STATEMENT

Over the past twelve months the Board of Trustees have worked closely with a reinvigorated leadership team to create a new strategic focus for the organisation whilst continuing to meet the needs of thousands of individuals in later life.

The consistently challenging financial environment and worsening health inequalities in the district have required us to take significant steps to ensure that we can bring together a vision of change for individuals with organisational sustainability. Thanks to the hard work of all concerned we continue to be in a good position to face the challenges before us.

As trustees it is exciting for us to be able to announce that with good progress made on the development of our Centre for Positive Ageing, we will be able to formally launch the initiative in the autumn of 2025. This will see us build on our already strong approach to partnerships, developing new and creative opportunities for people in later life.

In addition to this, thanks to Wakefield Council, we will be relocating into a newly refurbished building in Castleford Town Centre. We are very much hoping that this will become a vibrant center for the organisation, embodying the principles of the CPA, bringing new life into the heart of the community.

We have also spent some considerable time over the past months developing our new strategic plan, Let’s Change How We Age’. Now in the last stages of development we are anticipating that this will also be launched at the end of the year. Aligned to the new national Shared Strategy and local strategic thinking we are anticipating that this vision, supported by a revised approach to organisational values, will provide a secure foundation for the charity’s future work.

We take very seriously the wellbeing of our staff and for a third year in a row we have increased staff pay in line with government guidance, maintaining offers of flexibility in working practice in order to aid individuals with managing the cost of living rises and the demands of online working. As a result, we continue to maintain a loyal a dedicated workforce, supported by an outstanding team of volunteers, who are to be thanked for their skills and commitment.

It’s a privilege to chair an organisation which takes the quality of its service provision so seriously and to see the willingness of staff and volunteers to face the challenges ahead with such enthusiasm and determination.

We simply wouldn’t be able to do all that we do without them.

My huge thanks to everyone who participates in all that is Age UK Wakefield District.

Together we will continue to be strong voice now and in the future.

Peter Box Chair of the Board of Trustees Age UK Wakefield District

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AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a company limited by guarantee, incorporated on 16 August 2002 and registered as a charity on 13 March 2003. On 3 August 2011 the charity changed its name from Age Concern Wakefield District. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Associated. None of the trustees have any beneficial interest in the company, but they guarantee to contribute £1 in the event of any winding up. The Board of Management are directors under company law and are trustees under charity law.

Recruitment and appointment of directors

As set out in the Articles of Association at every Annual General Meeting one third of the board members (to include the Chair) shall retire from office. The Board members to retire shall be those longest in office since their last election. New Board members and those standing for re-election are elected by Age UK Wakefield District members at the AGM. The number of members of the Board shall never be less than three.

Directors’ induction and training

A comprehensive Trustee information pack, commended by the Charities Commission, is available to prospective Trustees. All Trustees receive training through information bulletins, training, networking events and conference.

Key management remuneration

Salaries are reviewed annually and approved by the Board of Trustees.

Membership

Membership of the Age UK Wakefield District is made up of the Board of Trustees only.

Organisation structure

The Chief Executive is delegated to manage the day-to-day activity of the organisation, developing service provision and activity to meet the objectives of the strategic plan. Senior managers and project leads supervise staff and volunteers in their roles within identified areas of service delivery. They meet monthly with the Chief Executive. Additional task groups are commissioned when appropriate. A structure of corporate groups maintains oversight of the charity’s activities; Policy Group (monthly), Workforce Group (quarterly) Incident Risk Group (monthly), Finance Group (monthly) and Quality Group (quarterly). All groups include trustees, the Chief Executive and members of the senior team, reporting regularly on the organisation to the Board.

Related parties

The charity has two wholly owned subsidiaries, Age UK Wakefield Trading Limited and Age UK Wakefield District Enterprises Limited.

Age UK Wakefield Trading Limited is dormant.

Age UK Wakefield Enterprises Limited operates a number of retail stores in the Wakefield area.

Age UK Wakefield District is an Age UK Brand Partner and as such is linked with the national charity and in a form of federated structure with other Brand partners across the United Kingdom. The relationship with others creates clear parameters relating to use of the Brand. Age UK Wakefield District is otherwise financially independent and entirely autonomous.

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AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Risk management

The Board regularly reviews major risks and ensures appropriate controls and mitigations are in place to safeguard the charity and its beneficiaries.

OBJECTIVES AND ACTIVITIES

The memorandum and Articles of Association states the organisation’s objects as “to promote the welfare of elderly people in any manner to be charitable in and around the Metropolitan District of Wakefield”. The agreed mission statement sets out the aims.

Age UK Wakefield District promotes the well-being of all older people and aims to help make later life a fulfilling and enjoyable experience. We aim to influence the way people think about ageing and acknowledge the valuable contributions older people make to society.

As a Network Partner we aspire to work in local partnerships within local health, care and community approaches to work to deliver services appropriate to identified community needs. The manner in which we work to deliver services, engage with older people interact with agencies is measured against core values.

Basic principles underpin all the work we seek to achieve.

In setting objectives and planning activities, the trustees have had due regard to the Charity Commission’s guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

Following a year of significant challenge (2023/24) the organisation has taken sustainability seriously. Recognising its role as a key provider of support for older individuals it has continued to take measures to ensure that this will continue into the future. Rising demand for charity services have continued and the restrictive financial climate has not abated resulting in unexpected pressures for the older population as well as the charity and its workforce. The restriction of Winter Fuel Payments, ongoing cost of living rises and challenging NHS waiting times have significantly disadvantaged those in their later years. Staff have also felt the pressure, not only in meeting the needs of vulnerable older adults but also in managing the implications of lower than average pay rises whilst managing steep rises in the cost of living. Despite this we have not only continued to deliver high quality services but have managed to maintain our intentions to meet unmet need whilst putting in place a series of measures designed to retain the charity’s stability and preserve its future sustainability.

The organisation undertook an extensive programme of voluntary redundancies to reduce base line costs whilst also reviewing and streamlining many of its activities, overall taking £150K out of the bottom line in future years. By optimising new funding opportunities we are proud to be able to say that service delivery has not suffered as a result.

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AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Key to the success of the charity is its intention to ensure that all its activities are delivered to identified need. Continuing to place the voices of those in late life at the heart of all it does, the organisation takes seriously opportunities for feedback as well as understanding its core data and the nature of individual goal setting and surveys. Volunteers have played a vital role in enabling us to deliver an extensive feedback programme as well as supporting opportunities to understand better the demands facing our older population.

Wakefield is the 54th most deprived borough in the UK and as such is home to many who can expect to experience some of the worst health inequalities in the country. 39% of the population are over 50, with the number of people over 85 set to increase by 77%..Currently there are 36,000 unpaid Carers in the district and 29.9% live alone. With the average healthy life expectancy of men and women at 56.7 and 58 years respectively, those in later life are faced with extreme challenges that mean demand for our services have continued to rise year on year. Services and activities are being delivered consistently into all wards across the District, with the majority of our work focussed in areas of deprivation.

A full breakdown of the organisation’s impact can be found at www.ageuk.org.uk/wakefielddistrict and enclosed

Recognising a fundamental shift in approaches to ageing the organisation has also undertaken a significant venture as it has begun development of its Centre for Positive Ageing, fully aligned to local plans it will be Wakefield District's Centre of Excellence to promote positive ageing, champion prevention and reduce health inequalities. With help from the Key Fund a new Director for the Centre has been appointed which will enable us to launch the work in the Autumn of 2025. Alongside this we are pleased to re-energise our work on Frailty (2018) and to be playing a key role in the work of the Ageing Well Board and Move More Wakefield.

Throughout the year we have maintained a continued focus on quality. The Teams deserve huge credit for the ways in which they work, ensuring that high quality services are assured. The governance structure established in 2022 with delegated responsibilities from the Board, trustees and staff that have ensured, that despite inordinate pressure, there has been excellent management of all activities, their inherent risks and opportunities, as well as the people, processes and policies that have made everything possible.

We continue to use our single assessment tool Leaf-7 throughout the organisation. This enables us to view quality of life outcomes in both service specific fields as well as globally. The table below demonstrates with a sample size of 1,000 the significant changes we are able to effect through our interventions, across the organisation. (see below- 1st = initial, 2nd=exit).

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AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Partnership Working

Excerpt from key strategic documents:

The organisation continues to value its place within the Age UK Network and in January 2025 along with all other Partners Age UK Wakefield Distrct signed the new Network Agreement, bringing the organisation into a new collaboration with all other Age UKs, including the national partners. This has seen the winding down of the Age England Association as the new Network Committee takes over oversight of the delivery of our first Shared Strategy.

Locally, as a member of Nova and playing a part in the new VCSE Collaborative, we recognise the importance of our wider VCSE partnerships we have also work closely with colleagues within the West Yorkshire Health and Care Partnership.

Annually working with more than 80 partner organisations we deliver services and activities by:

With all of our major deliver programmes working closely with partners is essential. As well as this direct work we are continually developing new relationships through strategic boards and committees as well as informal partnerships

We have close working relationships with other AUK Partners, particularly those within the Yorkshire and Humber Region

Our work is locally through the West Yorkshire Health Care Partnership , the Wakefield Health Care Partnership and the Health and Wellbeing Board via Residents First

Additionally, we play lead roles in the Healthy Ageing Partnership and the Frailty Strategy as well as having a place on Move More Wakefield and the VCSE Collaborative.

Our work with older people

Our work with older people is divided into six programme areas:

  1. Integrated Care

  2. Mental Health Services

  3. Community Activities

  4. Hospital Discharge Support

  5. Home Support

  6. Volunteering

The activities within these programme areas are detailed within the included Impact Report 24 - 25 and are all supported by our core services, ensuring that a robust infrastructure underpins and enables all activity. All of our service details are available on our website www.ageuk.org.uk/wakefielddistrict

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waker￿ld District Let s h(M we Impact Report 2024-2025 ljjr serykes wovlde o ronge of supp(wt for the people of Wokefkl¢ offerlng prortkal ￿MI emotlonol guidonce throu9h life's challen9e& We're here for peoF4e In need of help ond those w￿> core for thw Total of 10,283 referrals into the organisation 4,818 referrals Into- Connecting Care for infomation. advice and ' Hospital Transport & Support Service helped 2,266 people with their joumeys We received 11,578 calls to Single Point Of Contact Step supported 17 people through 1,173 contacts during the year, with136 new referrals Wraparound supported 183 older people with their mental health and wellbeing thallenges tl We provided 5,303 supportv contacts for veterans contacts with people across the Wakefield We￿Ic0￿￿ 4,036 Peop￿ to fune fot Tea The new Wokefield Bereavement Service supported 307 peorAe aded MCST gr(yJps provided stimulating activities for 29 people with mild to moderate Dementia 26 Carers met ond discussed their concems during Mcsr sessions. knowing their loved one was provided for Our Oral Hlstories projert spoke with 33 people, copturing over 30 hours of We have 1,563 followers across Focebook & Instagra offering o woy to moke contort and provlde information Over300 people attended our Digital Inclusion sessions to learn new skills Home Support Service provided a total of 30,168 hours of dedicated support, enabling people to live independently in their own home Home Support Service A providing 19,306 ond 10,862 vi hours of domestic support hours of personal core

The type of support we provide Our teams work ocross the distrirt to offer support to those in need. from completing paper forms to acting as advocate in legal matters, our highly skilled workforce offers help people can trust Access to unclaimed benefits totaling £3,131,653 ue applicotions Introductions to Groups ond Social Activities 313 Utility Bill Concerns 797 327 ppo ain Aids and adaptations for the home and to access community 407 Wheelchair loans 58 with delivery ond collection seNice Ac￿sS domestic and deaning SeNices 360 r amazing vo un donated 17,596 hours of their time eers Befrien(fing vo unteers Retall volunteers gave provided 10,003 5,603 hours sorting, hours of company to • • Steoming, displaying ond isolated older peoplecl £J selling goods in our shops We have 364 actlve volunteers generously donating their time and skills in a variety of roles vi 227 hours of their skills to support the work done by our teams across the district with 96 people joining us in their volunteering journey this yearl ave mem of dedicated staff rs wlth 60% belng over the ogeoffifty ond 37% belng with the orgonisation over five yeors 27.5 tonnes of fabric was recyded and prevented from entering landfilL Across our 3 shops 49.002 iterns wwe located in Wokefield Age UK WD Website Age UK WD 4eUKWD JustGiving ktiol Channels

AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Integrated Care

Information services

Age UK Wakefield District provides information and advice to older people, carers, friends, family and other health and social care professionals on a range of often complex issues, covering such diverse areas as, access to health services, care, finance, debt, welfare benefits, family concerns and housing. Where appropriate the department effectively signposts clients to other organisations and in turn receives referrals from other agencies and professionals. Through these services older people are supported during difficult periods of their lives.

With expertise that has been accumulated over many years, we were able to step into a gap in DWP provision that ensured, once again, that individuals were able to access over £3 million in benefit support.

Advocacy

Advocacy continues to be in high demand as the organisation sees a client base of referrals with increasingly complex needs, the current financial climate has exacerbated this and the high level of need and quality of service that has been offered is reflected in the hours of work and referrals that have been achieved.

Connecting Care

Connecting Care continues to sit at the heart of our work in the charity. Working in established ways with Partners within local MDTs, we are able to link directly with other health and social care providers, enabling the needs of older people to be met in a holistic and timely manner. Acting as a conduit for access to our wider service offers, the service model brings great strength to the district and our organisation, affording older individuals personalised support in their homes.

Mental Health Services

We have been fortunate to have ongoing funding from local funders as well as the national charity to develop the Wraparound initiative that began during the pandemic and MCST, support for individuals and their Carers, with mild dementia. Our intention is to continue to expand this provision to meet growing need.

MCST

Funding from Albert Gubay as well as the national charity has enabled this cognitive stimulation therapy programme to be developed. Working with both those with dementia as well as their carers it is unique within the district, we continue to pursue additional funding streams to make ensure continuation of this highly valued service.

Community Programmes

Two significant funding streams have continued to allow us to maintain new ways of working within the community. Reaching Communities funding (BLF Community Foundation) has enable us to continue to expand our Time for Tea' programme into wider community activity, including working with new organisations to deliver the growing annual Silver Sunday even .

We were also able to maintain investment in growth in our volunteering and befriending programme as a result of funding from the Henry Smith Charity. Since the challenges of the pandemic the requirements for the service have continued to grow , and along with the need for providing essential functional support the funder ensured that once again we were able to step up boldly.

In addition to the programmes outlined above with multiple funding sources and the generosity of volunteer time we have been able to maintain the development of our work with digital inclusion, supporting face to face work with individuals as well as developing work with strategic partners.

Throughout all community programmes working with VCSE partners is vitally important. This work comes together in our support of the Healthy Ageing Partnership and Silver Sunday, both successful initiatives that underpin our community programmes.

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AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Supported Hospital Discharge

Over the past five years we have consistently supported individuals over the age of fifty on discharge from hospital, ensuring that those who are referred into the service are safely resettled home and offered further wraparound support to prevent hospital readmission.

Sadly our provision into the Integrated Transfer of Care hub, which enabled us through partner working to create direct links through the Connecting Communities Programme into community provision supported by local VCSE partners has ended as a result of the lack of funding. Demonstrating considerable impact we are hopeful that the programme will be reinvigorated at some point in the future.

Sadly our work with Yorkshire Ambulance Service to deliver the Patient Transport Service has had to be wound down. Ambitions to optimise the impact of AUKs position within this setting were thwarted by poor remuneration and slow lead times. We are hoping to take this learning into new transport options in 2025-26.

Volunteer Support

Our volunteers provide the essential backbone to all that we do, reminding us that generosity sits at the heart of our charitable work. Volunteers make up 61% of our work force by personnel Each volunteer contributes an average of 1.7 hours per week. This is 391 hours per week in total SROI value @£12 per hour makes £243,984 per year There are more than 250 current volunteers within 11 roles, enabling us to support much of our work with the most isolated and lonely individuals in our communities. We would be lost without them.

Age UK Brand Partner Collaborations

Over the past year the network of Age UK Brand Partners, (around 120 independent, autonomous local charities) have continued to share in far reaching discussions focussed on the sustainable delivery of services and activities for older people. Recognising that there is much that could be achieved by collaborative approaches Age UK Wakefield District has participated fully in the national discussions whilst also seeking to find more local ways of optimising partnerships. We continue to participate in ‘Casework’, the new regional collaborative both as a founder member and as a recipient of services which have delivered a significant change to the way that Age UK Wakefield District is able to manage its financial infrastructure.

Fundraising and other activities

We continue to fundraise locally, involvement in local walking groups and schools playing a significant part in our fundraising efforts, as well as involvement in the annual Innocent Smoothies campaign, local raffles and other, much appreciated individuals’ endeavours. Annually donations enable us to continue work that is otherwise unfunded, including supporting older people’s voices panels that allow us to bring real insights into the way that we work.

Working on a policy of Full Cost Recovery we continue to work to ensure that funded programmes of work make adequate contributions to the organisation’s core costs. Whilst maintaining this approach is not always easy we are deeply indebted to the work of ‘Capidale’ for the support it has given us to submitting an ongoing programme of funding applications.

Digital and Social Media

We continue to maintain a high online profile through maintenance of our website, Instagram, LinkedIn, and Facebook feeds. With data and digital services becoming vital for the day to day running of services the back office team provide us with essential resources for maintaining and developing our work.

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AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

PLANS FOR FUTURE PERIODS

The organisation’s leadership team continue to be ambitious on behalf of older people in the district. There are several key priorities for the forthcoming year:

It is the intention of the Board of Trustees, staff and volunteer teams to undertake a considerable development programme. This will see us realigning our existing work to deliver a Centre for Positive Ageing. Three delivery ‘hubs will see us continuing to provide: Person Centred Support, ensuring that the most vulnerable in our communities are supported to live with improved quality of life; Wellbeing services, focussing on preventative work in communities as well as employment support and coaching models to enable individuals to transition into meaningful later years that may require them to work; Infrastructure support,- strengthening and enabling partner organisations to step confidently into ways of supporting older people in our communities.

FINANCIAL REVIEW

The charity, together with its trading activities, has generated a deficit of £44,623 (2024 £201,661) on income of £2,959,504 (2024: £2,901,824).

Investment Policy

Note 22 sets out an analysis of the assets attributable to the various funds. These assets are sufficient to meet the charity’s obligations on a fund-by-fund basis.

Reserves Policy

The Board of Trustees examines the reserves of the charity on an annual basis. Recognising the need to agree reserves levels sufficient to support the continuity of operations, manage risks identified in the Business Critical Risk Log, as well as support any interruptions to income the Board have agreed a minimum reserves level of 4-8 weeks of running costs. In current terms this is the equivalent of £250k to £500k. At the year end unrestricted reserves were £358,521. The intention is however to grow reserves beyond these minimum levels in order to continue to allow for investment and development in the charity.

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AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04512958 (England and Wales)

Registered Charity number

1096511

Registered office

7 Bank Street Castleford West Yorkshire WF10 1JD

Trustees

P Box J A Beaumont R A Forster K Hollis (appointed 3/6/2024) M W Holt R Kirkham (appointed 3/6/2024) N Poole (appointed 9/9/2024) W L Barker (resigned 25/5/2025)

Company Secretary

P Bee

Key management personnel

Chief Executive P Bee Chief Operating Officer N Tarbatt Director of the Centre C Schindler for Positive Ageing

Auditors

UHY Calvert Smith LLP Statutory Auditor Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW

Bankers

Lloyds Bank Plc 17 Westgate Wakefield WF1 1JZ

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AGE UK WAKEFIELD DISTRICT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Age UK Wakefield District for the purposes of company law) are responsible for preparing the Report of the Trustees 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 financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to.

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 financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, UHY Calvert Smith LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by:

........................................................................ P Box - Trustee

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF AGE UK WAKEFIELD DISTRICT

Opinion

We have audited the financial statements of Age UK Wakefield District (the 'parent charitable company') and its subsidiaries (the ‘group’) for the year ended 31 March 2025 which comprise the Consolidated Statement of Financial Activities, Charity Statement of Financial Activities, Consolidated Balance Sheet, Charity Balance Sheet, Consolidated Statement of Cash Flows and notes to the financial statements, 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 including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'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 group and parent 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.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees’ Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

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.

In connection with our audit of the financial statements, 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.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF AGE UK WAKEFIELD DISTRICT

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the parent charitable company 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 group and parent charitable company'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 group or parent charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

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 a Report of the Independent Auditors 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:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the group and parent charitable company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur by:

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF AGE UK WAKEFIELD DISTRICT

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

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.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' 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 charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Harry Howley FCA MAAT (Senior Statutory Auditor) for and on behalf of UHY Calvert Smith LLP

Statutory Auditor Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW

Date: .............................................

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AGE UK WAKEFIELD DISTRICT

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOMING RESOURCES
Donations and legacies
3
Charitable activities
5
Community
Volunteering
Home support
Mental health
Integrated care
Core
Hospital discharge
Investment income
4
Trading income
6
Total incoming resources
RESOURCES EXPENDED
7
Raising funds
Charitable activities
Community
Volunteering
Home support
Mental health
Integrated care
Core
Hospital discharge
Total expenditure
NET INCOME/(EXPENDITURE)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported
Prior year adjustment
12
As restated
TOTAL FUNDS CARRIED FORWARD
21		 Unrestricted
funds
£
38,282
1,000
-
758,427
189,392
544,836
64,490
659,031
1,988
131,930
2,389,376
142,278
150,401
81,791
599,463
191,085
453,841
32,436
694,191		 Restricted
funds
£
1,749
144,701
71,200
62,750
58,168
62,045
34,515
135,000
-
-
570,128
-
31,138
25,010
190,709
46,806
122,112
120,376
122,490		 2025
Total funds
£
40,031
145,701
71,200
821,177
247,560
606,881
99,005
794,031
1,988
131,930
2,959,504
142,278
181,539
106,801
790,172
237,891
575,953
152,812
816,681
3,004,127
(44,623)
(44,623)
478,131
-
478,131
433,508		 2024
Total funds
As restated
£
24,357
160,374
106,724
752,322
190,394
589,936
37,600
892,799
-
147,318
2,901,824
141,682
197,152
96,111
710,277
167,349
578,974
234,160
977,780
2,345,486
43,890
43,890
314,631
-
314,631
358,521		 658,641
(88,513)
(88,513)
163,500
-
163,500
74,987		 3,103,485
(201,661)
(201,661)
679,792
-
679,792
478,131

16

AGE UK WAKEFIELD DISTRICT

CHARITY STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOMING RESOURCES
Donations and legacies
3
Charitable activities
5
Community
Volunteering
Home support
Mental health
Integrated care
Core
Hospital discharge
Investment income
4
Total incoming resources
RESOURCES EXPENDED
7
Charitable activities
Community
Volunteering
Home support
Mental health
Integrated care
Core
Hospital discharge
Total expenditure
NET INCOME/(EXPENDITURE)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported
Prior year adjustment
12
As restated
TOTAL FUNDS CARRIED FORWARD
21		 Unrestricted
funds
£
43,918
1,000
-
758,427
189,392
544,836
64,490
659,031
1,988
2,263,082
150,401
81,791
599,463
191,085
453,841
32,436
694,191
2,203,208
59,874
59,874
298,089
10,239		 Restricted
funds
£
1,749
144,701
71,200
62,750
58,168
62,045
34,515
135,000
-
570,128
31,138
25,010
190,709
46,806
122,112
120,376
122,490
658,641
(88,513)
(88,513)
163,500
-		 2025
Total funds
£
45,667
145,701
71,200
821,177
247,560
606,881
99,005
794,031
1,988
2,833,210
181,539
106,801
790,172
237,891
575,953
152,812
816,681
2,861,849
(28,639)
(28,639)
461,589
10,239		 2024
Total funds
As restated
£
35,676
160,374
106,724
752,322
190,394
589,936
37,600
892,799
-
2,765,825
197,152
96,111
710,277
167,349
578,974
234,160
977,780
2,961,803
(195,978)
(195,978)
667,806
-
308,328
368,202		 163,500
74,987		 471,828
443,189		 667,806
471,828

17

AGE UK WAKEFIELD DISTRICT (REGISTERED NUMBER 04512958)

CONSOLIDATED AND CHARITY BALANCE SHEETS 31 MARCH 2025

Note
Fixed assets
Tangible assets
13
Investments
14
Current assets
Debtors
15
Cash at bank and in hand
Creditors
Amounts falling due within one year
16
Net current assets
Total assets less current liabilities
Creditors
Amounts falling due after more than one
year
18
Net assets
Charity funds:
Unrestricted funds
21
Restricted funds
21
Total charity funds		 31 March 2025
Group
£
Charity
£
150,357
150,357
-
1
150,357
150,358
203,996
217,337
499,970
487,696
703,966
705,033
(330,506)
(321,893)
373,460
383,140
523,817
533,498
(90,309)
(90,309)
433,508
443,189
358,521
368,202
74,987
74,987
433,508
443,189		 31 March 2024
As restated
Group
£
Charity
£
164,137
164,137
-
1
164,137
164,138
140,195
154,359
463,472
434,813
603,667
589,172
(289,673)
(281,482)
313,994
307,690
478,131
471,828
-
-
478,131
471,828
314,631
308,328
163,500
163,500
478,131
471,828		 31 March 2024
As restated
Group
£
Charity
£
164,137
164,137
-
1
164,137
164,138
140,195
154,359
463,472
434,813
603,667
589,172
(289,673)
(281,482)
313,994
307,690
478,131
471,828
-
-
478,131
471,828
314,631
308,328
163,500
163,500
478,131
471,828
164,138
154,359
434,813
589,172
(281,482)
307,690
471,828
-
471,828
308,328
163,500
471,828

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. P Box CBE - Trustee

18

AGE UK WAKEFIELD DISTRICT

CONSOLIDATED STATEMENT OF CASH FLOWS FOR YEAR ENDED 31 MARCH 2025

Note
Cash flows from operating activities
Net cash (used in) /provided by operating activities
1
Cash flows from investing activities
Purchase of tangible fixed assets
Interest
Net cash flows from investing activities
Cash flows from financing activities
New loans
Loan repayments
Interest paid
Net cash flows from financing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at 1 April
Cash and cash equivalents at 31 March
2		 2025
£
(68,223)
-
1,988
1,988
115,485
(6,218)
(6,534)
102,733
36,498
463,472
499,970		 2024
As restated
£
44,500
(7,661)
-
(7,661)
-
-
-
-
36,839
426,633
463,472

All of the cash flows are derived from continuing operations.

19

AGE UK WAKEFIELD DISTRICT

NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

1 RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES
Net expenditure for the reporting period
(as per the statement of financial activities)
Adjustments for:
Depreciation charges
Interest receivable
Interest payable
(Increase)/decrease in debtors
Increase / (decrease) in creditors
Net cash (used in) / provided by operating activities
2 CASH AND CASH EQUIVALENTS
Cash and cash equivalents
3 ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
As restated
Cash flow
£
£
Cash at bank and in hand
463,472
36,498
Loans falling due within one year
-
(109,267)
Loans falling due after more than one year
-
-
Finance lease obligations
(917)
-
Total
462,555
(72,769)		 2025
£
(44,623)
13,780
(1,988)
6,534
(63,801)
21,875
(68,223)
2025
£
499,970		 2024
As restated
£
(201,661)
15,799
-
-
232,803
(2,441)
44,500
2024
As restated
£
463,472
At 31.3.25
£
499,970
(18,958)
(90,309)
(917)
389,786
Other
non cash
changes
£
-
90,309
(90,309)
-
-

20

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 STATUTORY INFORMATION

The charity is a private company limited by guarantee, incorporated in England and Wales. The registered office of the company is 7 Bank Street, Castleford, West Yorkshire, WF10 1JD.

2 ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern basis

The trustees have considered the financial position and projections of the charity and group, and have a reasonable expectation that it has adequate resources to support its ongoing activities for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing the financial statements.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable in the circumstances.

Areas in which judgement has been applied include an assessment of the appropriate expenditure to recognise against certain restricted grants, and the allocation of support costs and allocation of costs to charitable activities as outlined below.

There are considered to be no assumptions or estimates made in the preparation of these financial statements that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities in the next financial year.

Financial Reporting Standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the disclosure exemption from preparing a statement of cash flows on the basis that it is a qualifying entity and the consolidated statement of cash flows included within these financial statements includes the charity’s cash flows.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

Income from charitable activities represents amounts receivable in connection with services delivered by the charity, and includes fees receivable, payments under service contracts and grants.

Income from contracts for the supply of services, and similar performance related grants, are recognised over the period of delivery.

21

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

2 ACCOUNTING POLICIES - continued

Income - continued

Where donors specify that donations and grants are for particular restricted purposes, which do not amount to preconditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.

No amounts are included in the financial statements for general volunteer services.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on an appropriate basis in line with funding agreements.

Charitable activities

Cost of charitable activities includes those costs incurred by the charity in the delivery of its activities and services for its beneficiaries and the cost of generating funds is associated with the costs of trading income.

Allocation and apportionment of costs

Costs are directly allocated to charitable activities where possible.

Support costs include central functions and overheads that assist the work of the charity. These include staff costs, fixed asset depreciation and governance costs.

Support costs are allocated in proportion with the direct staff costs involved in each charitable activity. This estimate is considered to reasonably reflect the underlying financial activities of the charity and provides a reliable basis for allocation in the context of the charity's size and resources.

Redundancy and termination costs

Redundancy and termination costs are recognised as an expense in the Statement of Financial Activities and a liability on the Balance Sheet at the point the Charity is demonstrably committed to either: terminate the employment of an employee or group of employees before normal retirement date; or provide termination benefits as a result of an offer made in order to encourage voluntary redundancy. The Charity is considered to be demonstrably committed only when it has a detailed formal plan for the termination and is without realistic possibility of withdrawal from the plan

Tangible fixed assets

Tangible fixed assets are initially recognised at cost, net of depreciation and any provision for impairment. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - Over the period of the lease Plant and machinery & equipment - 15% straight line or 33% straight line Motor vehicles - 20% straight line

Investments in subsidiaries

Investments in subsidiaries are measured at cost less accumulated impairment.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

22

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

2 ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

All financial assets and liabilities included in the financial statements are measured at amortised cost .

Hire purchase and leasing commitments

The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease.

3 INCOME FROM DONATIONS AND LEGACIES

Donations
Fundraising
4 INVESTMENT INCOME
Other interest		 Group
2025
£
27,743
12,288
40,031
Group
2025
£
1,988		 Charity
2025
£
33,379
12,288
45,667
Charity
2025
£
1,988		 Group
Charity
2024
2024
As restated
£
£
19,525
30,844
4,832
4,832
24,357
35,676
Group
Charity
2024
2024
As restated
£
£
-
-

23

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

5 INCOME FROM CHARITABLE ACTIVITIES

Group and charity
Grants receivable and related income
Other charitable income
Grants receivable and related income
Grants receivable and related income
Other charitable income
Grants receivable and related income
Other charitable income
Grants receivable and related income
Other charitable income
Grants receivable and related income
Other charitable income
Grants receivable and related income
Other charitable income
6TRADING INCOME
Retail income		 Activity
Community
Community
Volunteering
Home Support
Home Support
Mental Health
Mental Health
Integrated Care
Integrated Care
Core
Core
Hospital Discharge
Hospital Discharge
Group
Charity
2025
2025
£
£
131,930
-		 2025
£
2024
As restated
£
142,609
158,815
3,092
1,559
71,200
106,724
62,962
1,815
758,215
750,507
120,039
190,370
127,521
24
573,901
589,936
32,980
-
83,765
29,337
15,240
8,263
135,000
247,500
659,031
645,299
2,785,555
2,730,149
Group
Charity
2024
2024
As restated
£
£
147,318
-		 2024
As restated
£
158,815
1,559
106,724
1,815
750,507
190,370
24
589,936
-
29,337
8,263
247,500
645,299
2,730,149

24

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

7 ANALYSIS OF RESOURCES EXPENDED

Group

Group
Cost of raising funds
Fundraising trading: cost of goods sold and other costs
Charitable activities
Community
Volunteering
Home Support
Mental Health
Integrated Care
Core
Hospital Discharge
Total
Charity
Charitable activities
Community
Volunteering
Home Support
Mental Health
Integrated Care
Core
Hospital Discharge
Charitable activities		 Direct Costs
£
142,278
142,278
181,539
106,504
790,172
237,891
575,953
118,932
815,257
2,826,248
2,968,526		 Support Costs
(see note 8)
£
-
-
-
297
-
-
-
33,880
1,424
35,601
35,601		 Totals
£
142,278
142,278
181,539
106,801
790,172
237,891
575,953
152,812
816,681
2,861,849
3,004,127
Direct Costs
£
181,539
106,504
790,172
237,891
575,953
118,932
815,257
2,826,248		 Support Costs
(see note 8)
£
-
297
-
-
-
33,880
1,424
35,601		 Totals
£
181,539
106,801
790,172
237,891
575,953
152,812
816,681
2,861,849

25

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

8 SUPPORT COSTS

Group and Charity

Group and Charity
Volunteering
Core
Hospital Discharge
Total		 Other
£
297
12,060
1,424
13,781		 Governance
Costs
£
-
21,820
-
21,820		 Totals
£
297
33,880
1,424
35,601

9 NET INCOME/(EXPENDITURE)

Net Income / (expenditure) is stated after charging

Net Income / (expenditure) is stated after charging
2025 2024
As restated
£ £
Depreciation of fixed assets 13,780 15,799
Auditor's remuneration - The audit of the Charity's annual accounts 18,000 9,000
Auditor's remuneration - The audit of the Subsidiary's annual accounts 4,200 4,500
Auditor's remuneration - All taxation advisory services - 750
Auditor's remuneration - All non-audit services not included above 200 3,250
Fees charged by previous auditor 2,560 -

10 TRUSTEES REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 March 2025, nor for the year ended 31 March 2024.

Trustees’ Expenses

There were no trustees’ expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024

26

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

11 STAFF COSTS

The aggregate payroll costs were as follows:

Wages and salaries
Social security costs
Other pension costs
Redundancy payments		 Group
2025
£
2,053,111
147,725
63,157
62,061
2,326,054		 Charity
2025
£
1,972,750
142,676
61,183
62,061
2,238,670		 Group
Charity
2024
2024
As restated
£
£
2,126,156
2,047,042
147,801
140,563
65,396
62,727
-
-
2,339,353
2,250,332		 Group
Charity
2024
2024
As restated
£
£
2,126,156
2,047,042
147,801
140,563
65,396
62,727
-
-
2,339,353
2,250,332
2,250,332

The average monthly number of employees during the year was as follows:

Executive team
Administration
Service provision
Retail provision		 Group
2025
4
9
98
3
114		 Charity
2025
4
8
98
-
110		 Group
Charity
2024
2024
As restated
4
4
10
9
108
108
3
-
125
121		 Group
Charity
2024
2024
As restated
4
4
10
9
108
108
3
-
125
121
121

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

Group Charity Group Charity
2025 2025 2024 2024
As restated
£70,001 - £80,000 1 1 1 1

The total employee benefits of the key management personnel of the group were £201,628 (2024 - £188,630). The key management personnel of the charity comprise the trustees and the Senior Management Team.

27

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

12 PRIOR YEAR ADJUSTMENT

The parent charity is eligible to claim gift aid on sales of donated goods made through the subsidiary, when all the relevant conditions have been fulfilled. The sales income and the gift aid receipt from HMRC belong to the parent charity, not to the subsidiary.

In the prior year, both the gift aid receipt and the associated income were recorded within turnover in the subsidiary. An adjustment has been processed in the financial statements of the subsidiary to restate turnover to exclude these amounts from the comparative figures in the subsidiary.

Whilst not material to the financial statements of the parent charity, the corresponding adjustments has been processed in the financial statements of the parent charity in order for balances owed between the two entities at 31 March 2024 to agree.

The overall consolidated position at 31 March 2024 is unchanged by the adjustments, although the individual balances within the SoFA have been restated as shown below.

The effect on the comparative amounts is as follows:

Group As
previously
reported Adjustment As restated
£ £ £
Changes to the statement of financial activities
Donations and legacies 14,118 10,239 24,357
Trading income 157,557 (10,239) 147,318
Net movement in funds for the year (201,661) - (201,661)
Total funds carried forward at 31 March 2024 478,131 - 478,131
Charity As
previously
reported Adjustment As restated
£ £ £
Changes to the balance sheet
Debtors 144,120 10,239 154,359
Unrestricted reserves c/f at 31 March 2024 298,089 10,239 308,328
Changes to the statement of financial activities
Donations and legacies 25,437 10,239 35,676
Net movement in funds for the year (206,217) 10,239 (195,978)
Total funds carried forward at 31 March 2024 461,589 10,239 471,828

28

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

13 TANGIBLE FIXED ASSETS

Group and charity
Cost
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
14 FIXED ASSET INVESTMENTS
Charity
Cost
At 1 April 2024 and at 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Short leasehold
land and
buildings
£
165,000
165,000
26,035
2,887
28,922
136,078
138,965		 Plant and
equipment
£
151,533
151,533
126,361
10,893
137,254
14,279
25,172		 Total
£
316,533
316,533
152,396
13,780
166,176
150,357
164,137
Shares in
group
undertakings
£
1
1
1		 Total
£
316,533
316,533
152,396
13,780
166,176

Details of undertakings

There were no investment assets outside the UK.

The charitable company’s investments at the balance sheet date in the share capital of companies include the following:

Undertaking Company Class of Proportion of voting rights
number share and shares held
2025
2024
Age UK Wakefield District Enterprises Limited 08428526 Ordinary 100%
100%
Age UK Wakefield Trading Limited 03037942 Ordinary 100%
100%

The registered office of both subsidiaries is: 7 Bank Street, Castleford, West Yorkshire, WF10 1JD.

29

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

15 DEBTORS
Group
2025
£
Trade debtors
70,818
Due from group undertakings
-
Prepayments and accrued income
119,411
Other debtors
6,267
196,496
Amounts falling due after more than one year
Other debtors
7,500
Aggregate amounts
203,996
16 CREDITORS: Amounts falling due within one year
Group
2025
£
Other loans (see note 19)
18,958
Finance leases (see note 20)
917
Trade creditors
10,364
Other taxation and social security
29,891
Other creditors
18,814
Accruals and deferred income
251,562
330,506
17 DEFERRED INCOME
Group and charity
Deferred income at 1 April 2024
Resources deferred in the period
Amounts released from previous periods
Deferred income at year end		 Charity
2025
£
70,818
17,168
115,584
6,267
209,837
7,500
217,337
Charity
2025
£
18,958
917
7,780
29,377
18,549
246,312
321,893		 Group
Charity
2024
2024
As restated
£
£
66,271
66,130
-
16,443
65,893
64,286
531
-
132,695
146,859
7,500
7,500
140,195
154,359
Group
Charity
2024
2024
As restated
£
£
-
-
917
917
20,803
18,968
30,388
30,388
18,259
17,933
219,306
213,276
289,673
281,482
2025
£
2024
As restated
£
-
72,500
26,250
-
-
(72,500)
26,250
-		 Group
Charity
2024
2024
As restated
£
£
66,271
66,130
-
16,443
65,893
64,286
531
-
132,695
146,859
7,500
7,500
140,195
154,359
Group
Charity
2024
2024
As restated
£
£
-
-
917
917
20,803
18,968
30,388
30,388
18,259
17,933
219,306
213,276
289,673
281,482
2025
£
2024
As restated
£
-
72,500
26,250
-
-
(72,500)
26,250
-
-

Deferred income represents income deferred for contract funding received in advance.

30

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

18 CREDITORS: Amounts falling due after more than one year

Other loans (see note 19)
19 LOANS
An analysis of the maturity of loans is given below:
Other loans
Amounts falling due within one year on demand
Amounts falling due between one and two years
Amounts falling due between two and five years
20 LEASING AGREEMENTS
Minimum lease payments fall due as follows:

Net obligations repayable:
Within one year

Within one year
Between one and five years
After more than five years		 Group
2025
£
90,309
Group
2025
£
18,958
21,294
69,015		 Charity
2025
£
90,309
Charity
2025
£
18,958
21,294
69,015		 Group
Charity
2024
2024
As restated
£
£
-
-
Group
Charity
2024
2024
As restated
£
£
-
-
-
-
-
-
FINANCE LEASES
Group
Charity
Group
Charity
2025
2025
2024
2024
As restated
£
£
£
£
917
917
917
917
NON-CANCELLABLE OPERATING LEASES
Group
Charity
Group
Charity
2025
2025
2024
2024
As restated
£
£
£
£
91,782
68,386
84,343
68,386
81,366
16,563
119,099
79,099
4,167
-
16,667
-
177,315
84,949
220,109
147,485

31

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

21 MOVEMENT IN FUNDS Group

Unrestricted funds
General Fund
Restricted funds
Digital Champion
Armed Forces Covenant
Henry Smith Charity 2
Henry Smith Charity 3
Social Contact
Time For Tea
MCST/MHA
Elderly persons Isolation Fund
Connecting Communities
Cost of Living Response Fund
Albert Gubay
Be The Difference
Be The Difference 2 (UKSPF)
Call Back Services
Culture Grant
Digital UKSPF
A Place to Call Home
Urgent and Emergency Care
Project
Energy Outreach Project
Centre for Positive Ageing
Total funds		 1 April
2024
£
314,631
32,367
-
-
26,435
-
1,755
-
1,128
-
-
39,821
1,053
11,297
49,644
-
-
-
-
-
-
163,500
478,131		 Incoming
resources
£
2,389,376
-
500
35,600
62,750
76,780
118,432
55,000
-
135,000
7,497
3,168
-
-
-
150
19,871
12,802
1,500
6,563
34,515
570,128
2,959,504		 Resources
expended
£
(2,345,486)
(32,367)
(500)
(35,600)
(68,889)
(76,780)
(120,187)
(18,913)
(1,128)
(135,000)
(7,497)
(42,989)
(1,053)
(11,297)
(49,644)
(150)
(19,871)
(19,069)
(1,500)
(6,563)
(9,644)
(658,641)
(3,004,127)		 31 March
2025
£
358,521
-
-
-
20,296
-
-
36,087
-
-
-
-
-
-
-
-
-
(6,267)
-
-
24,871
74,987
433,508

32

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

21 MOVEMENT IN FUNDS – Continued

Unrestricted funds
General Funds
Designated
Restricted funds
Digital Champion
Armed Forces Covenant
Henry Smith Charity
Henry Smith Charity 2
Henry Smith Charity 3
Prosper
Social Contact
Time For Tea 2
MCST/MHA
Elderly Persons Isolation Fund
Connecting Communities
Digital District
Cost of Living Response Fund
Albert Gubay
Be The Difference
Be The Difference 2 (UKSPF)
Call Back Services
Culture Grant
Total funds		 1 April
2023
£
366,913
148,955
15,696
16,499
10,361
17,812
-
13,252
-
15,614
8,000
1,128
42,500
13,062
10,000
-
-
-
-
-
163,924
679,792		 Incoming
resources
£
2,205,020
-
36,646
-
-
53,750
30,600
25,974
76,776
95,978
-
-
197,500
-
22,490
80,000
7,940
14,434
50,000
4,716
696,804
2,901,824		 Resources
expended
£
(2,406,257)
-
(19,975)
(16,499)
(10,361)
(71,562)
(4,165)
(39,226)
(76,776)
(109,837)
(8,000)
-
(240,000)
(13,062)
(32,490)
(40,179)
(6,887)
(3,137)
(356)
(4,716)
(697,228)
(3,103,485)		 Transfers
£
148,955
(148,955)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 31 March
2024
As restated
£
314,631
-
32,367
-
-
-
26,435
-
-
1,755
-
1,128
-
-
-
39,821
1,053
11,297
49,644
-
163,500
478,131

33

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

21 MOVEMENT IN FUNDS

Charity
Unrestricted funds
General Fund
Unrestricted funds
Digital Champion
Armed Forces Covenant
Henry Smith Charity 2
Henry Smith Charity 3
Social Contact
Time For Tea
MCST/MHA
Elderly persons Isolation Fund
Connecting Communities
Cost of Living Response Fund
Albert Gubay
Be The Difference
Be The Difference 2 (UKSPF)
Call Back Services
Culture Grant
Digital UKSPF
A Place to Call Home
Urgent and Emergency Care
Project
Energy Outreach Project
Centre for Positive Ageing
Total funds		 1 April
2024
£
298,089
32,367
-
-
26,435
-
1,755
-
1,128
-
-
39,821
1,053
11,297
49,644
-
-
-
-
-
-
163,500
461,589		 Prior Year
adjustments
(see note 12)
£
10,239
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
10,239		 Incoming
resources
£
2,263,082
-
500
35,600
62750
76,780
118,432
55,000
-
135,000
7,497
3,168
-
-
-
150
19,871
12,802
1,500
6,563
34,515
570,128
2,833,210		 Resources
expended
£
(2,203,208)
(32,367)
(500)
(35,600)
(68,889)
(76,780)
(120,187)
(18,913)
(1,128)
(135,000)
(7,497)
(42,989)
(1,053)
(11,297)
(49,644)
(150)
(19,871)
(19,069)
(1,500)
(6,563)
(9,644)
(658,641)
(2,861,849)		 31 March
2025
£
368,202
-
-
-
20,296
-
-
36,087
-
-
-
-
-
-
-
-
-
(6,267)
-
-
24,871
74,987
443,189

34

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

21 MOVEMENT IN FUNDS – Continued

Unrestricted funds
General Funds
Designated
Restricted funds
Digital Champion
Armed Forces Covenant
Henry Smith Charity
Henry Smith Charity 2
Henry Smith Charity 3
Prosper
Social Contact
Time For Tea 2
MCST/MHA
Elderly Persons Isolation Fund
Connecting Communities
Digital District
Cost of Living Response Fund
Albert Gubay
Be The Difference
Be The Difference 2 (UKSPF)
Call Back Services
Culture Grant
Total funds		 1 April
2023
£
354,927
148,955
15,696
16,499
10,361
17,812
-
13,252
-
15,614
8,000
1,128
42,500
13,062
10,000
-
-
-
-
-
163,924
667,806		 Incoming
resources
£
2,069,021
-
36,646
-
-
53,750
30,600
25,974
76,776
95,978
-
-
197,500
-
22,490
80,000
7,940
14,434
50,000
4,716
696,804
2,765,825		 Resources
expended
£
(2,264,575)
-
(19,975)
(16,499)
(10,361)
(71,562)
(4,165)
(39,226)
(76,776)
(109,837)
(8,000)
-
(240,000)
(13,062)
(32,490)
(40,179)
(6,887)
(3,137)
(356)
(4,716)
(697,228)
(2,961,803)		 Transfers
£
148,955
(148,955)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 31 March
2024
As restated
£
308,328
-
32,367
-
-
-
26,435
-
-
1,755
-
1,128
-
-
-
39,821
1,053
11,297
49,644
-
163,500
471,828

Restricted Funds descriptions

Digital Champion - Funding that has allowed for the expansion of the digital team to support increased work with those who are digitally excluded.

Armed Forces Covenant - Funding to support the employment of a Veteran's Engagement Worked (VEW), supported by a team of volunteers. The VEW will extend the charity's existing work with older veterans, by provided dedicated support to 400 veterans who are lonely and are not engaging with traditional forms of support.

35

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

MOVEMENT IN FUNDS - Continued

Henry Smith Charity - Funding to expand and grow the existing befriending service, allowing the recruitment of a full time Befriending Co-ordinator. Aim over the next 3 years is to set up 270 brand new Befriending relationships.

Prosper - Research programme funded through Bradford Teaching Hospitals NHS Foundation Trust, intended to support understanding of the role of prevention in improving health outcomes for older individuals exhibiting signs of frailty.

Time for Tea - A community driven initiative, funded by the Big Lottery Community Fund, tackling isolation and loneliness amongst local older people, providing a gateway for those at high risk of crisis to find support before the crisis happens.

MCST/MHA - A programme set up to provide a viable service provision for future sustainable funding, to support individuals with dementia and their carers.

Elderly Persons Isolation Fund - The Community Foundation Wakefield District launched the 3rd round of the Elderly Person's Social Isolation Fund which has been inspired by the celebrations surrounding the 130th anniversary of Wakefield being granted city status. Wakefield @130 is designed to encourage a series of events and activities, which will engage older people in local communities across the Wakefield District. The Programme has been designed to work with around 10 to 15 local communities, engaging up to 2,000 older people across the district.

Connecting Communities - New local funding to support the expansion of hospital discharge support in the community. Combined with a grant programme, the delivery is in conjunction with local VCSE partners.

Digital District - Grant from WYHCP to support district-wide work with those who are digitally excluded.

Cost of living response fund – An AgeUK grant to brand partners to meet urgent need and demand as older people struggle with the devastating impact of the increasing cost of living. The grant is intended to help sustain and extend the reach of vital service provision by brand partners during the crisis.

Albert Gubay – Funding that has allowed us to deliver the Maintenance Cognitive Stimulation Therapy, supporting individuals with mild to moderate dementia and their Carers.

Be The Difference – A project to improve human/social capital, boost wellbeing/health, and increase pride/community participation.

Call Back Services – A project to support older people immediately post discharge from hospital to ensure non-clinical aspects of life such as benefit entitlement, safety in the home and daily living. The underlying aim was to reduce the need for hospital re-admission.

Culture Grant – Enabling an Oral Histories project in Castleford to record and reproduce for the wider public stories of those whose employment in the ex-mining town have laid the foundations for the present day.

Digital UKSPF – Supporting a programme to help those in later life get online. Working with individuals to give them the confidence and skills to use technology and avoid digital exclusion.

A Place to Call Home – A project to provide older people with one-to-one holistic advice sessions supporting them to live well and independently in safe, secure, and warm homes.

Urgent and Emergency Care Project – A joint research project between AgeUK and the Department of Health & Social Care. AgeUKWD was one participating local AgeUK undertaking research interviews with a very small number of clients/carers to explore their experiences of care before, during and after an emergency hospital admission.

36

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

22 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Group
2025
Fixed assets
Current assets
Creditors falling due in less than one year
Creditors falling due in more than one year
Total net assets
2024 (as restated)
Fixed assets
Current assets
Creditors falling due in less than one year
Total net assets
Charity
2025
Fixed assets
Current assets
Creditors falling due in less than one year
Creditors falling due in more than one year
Total net assets
2024 (as restated)
Fixed assets
Current assets
Creditors falling due in less than one year
Total net assets		 Unrestricted
funds
£
150,357
622,712
(324,239)
(90,309)
358,521
Unrestricted
funds
£
164,137
440,167
(289,673)
314,631
Unrestricted
funds
£
150,358
623,779
(315,626)
(90,309)
368,202
Unrestricted
funds
£
164,138
425,672
(281,482)
308,328		 Restricted
funds
£
-
81,254
(6,267)
-
74,987
Restricted
funds
£
-
163,500
-
163,500
Restricted
funds
£
-
81,254
(6,267)
-
74,987
Restricted
funds
£
-
163,500
-
163,500		 Total
£
150,357
703,966
(330,506)
(90,309)
433,508
Total
As restated
£
164,137
603,667
(289,673)
478,131
Total
£
150,358
705,033
(321,893)
(90,309)
443,189
Total
As restated
£
164,138
589,172
(281,482)
471,828

37

AGE UK WAKEFIELD DISTRICT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

23 RELATED PARTY DISCLOSURES

£19,661 has been paid to CASEwork Services Community Interest Company (CASEwork) in the year in respect of outsourced financial support services (2024: £Nil).

An initial advance of £15,000 made to CASEwork to provide working capital, less £7,500 repaid to Age UK Wakefield District in the prior year, is included as a debtor falling due after more than one year, with interest at 2% above base rate recognised on the loan.

CASEwork is an associated company of the charity. William Lyster Barker (trustee of the charity during the year) was a member of the CASEwork board of directors during the entire financial year and Paula Bee (CEO of the charity) is also a member of the CASEwork board of directors.

38