2021-03-31-accounts

AGE CONCERN STOURBRIDGE & HALESOWEN

REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2021

CONTENTS	PAGE
Company Legal and Administrative Information	2
Chairman’s Report	3
Structure, Management and Governance	4
Achievements & Performance 2021:
Financial Review	4
Activity Statistics and Other Results	5
Future Plans	6
Appendices:
Appendix 1 Our Results in Brief.
Appendix 2 Pie Chart – Income & Expenditure 31stMarch 2021.
Appendix 3 Bar Chart – Income & Expenditure 2021 & 2020.
Appendix 4 Statement of Financial Activities 2021 & 2020

INDEPENDENT EXAMINER’S REPORT

Report of the Trustees	1 – 2
Trustees’ Responsibility Report	3
Independent Examiner’s Report	4
Statement of Financial Activities	5
Balance Sheet	6 - 7
Notes to the Financial Statements	8 – 15
Detailed Statement of Financial Activities	16 - 17

FRONT COVER:

Photo shows our Elton Centre in Stourbridge, and a re-opening message after lockdowns ended in May 2021

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AGE CONCERN STOURBRIDGE & HALESOWEN

COMPANY LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31[st] MARCH 2021

TRUSTEES/DIRECTORS who served during the year:

David Harbach – Chairman Gaye Partridge – Vice Chair Fred S Hunt Dr Paul Collins Caroline Webb

SECRETARY: Brian Mitchell FCCA

CHIEF OFFICER: Dionne Downie 01/04/20 – 31/10/20 CENTRE MANAGER: Kim Guest - appointed 01/09/20

REGISTERED OFFICE:

The Elton Centre Tel No: 01384 390065 St John’s Road E-mail: [e-mail] Stourbridge Website: www.ageconcernsh.org.uk West Midlands DY8 1EJ UK

Charity Registration No:

1096783

Company Registration No: 03266213 Company limited by guarantee; Registered in England.

INDEPENDENT EXAMINER:

Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Midlands DY6 8BQ

BANKERS: HSBC

114 High Street Stourbridge West Midlands DY8 1DZ

SOLICITORS:

PENSION PROVIDER:

Higgs & Sons 3 Waterfront Business Park Brierley Hill West Midlands DY5 1LX

Legal & General

• 2 -

CHAIRMAN’S REPORT 2021

As I bring you my first report as Chairman, I reflect back on a period that has I think been unprecedented in all our memories. In March 2020 the whole country went into a time of national lockdown due to the Covid 19 pandemic and life for all of us took on a whole new perspective, as all our services at Elton Centre were suspended in an effort to control the spread of the pandemic including those services provided to our clients. I am not sure any of us expected that over the last 12 months we would still be in a situation of so much uncertainty. The shutdown and the changes that it brought has presented some challenging conditions, but as “normal life” returns, it is with thanks to Kim Guest and her team of volunteers that we have risen to the challenges, and the Elton Centre has been able to resume activities and services to the community again.

During the last year, the financial situation of Age Concern has given the Trustees the financial challenge of ensuring that we remained financially solvent during this time, and into the future. The Board have considered all aspects of expenditure and, where appropriate, action taken to cut “non-essential services” have been implemented, whilst other essential outgoings have been renegotiated. Our accounts show the result of these decisions, whilst “Reasonable Diligence” remains our operational priority.

To all my fellow Trustees, thank you for all your support, guidance and encouragement during these challenging times, as we have debated the issues and taken the decisions we have had to make. To Brian Mitchell, many thanks for his continued and valued support as Company Secretary.

Despite all the challenges, Age Concern Stourbridge and Halesowen remains in good shape, ready to meet new ones as we move towards a post COVID world. Ready to play its part in ensuring that people who require or seek our services are not left behind, and have access to the services and support they need. I am sure that the next 12 months will be the next chapter in the life of Age Concern Stourbridge and Halesowen, supporting older people, “Making a Difference”, and long may that continue.

David Harbach

Chair of The Board of Trustees

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STRUCTURE, MANAGEMENT AND GOVERNANCE

Age Concern Stourbridge and Halesowen is a local, independent charity which has been providing care to older people for over 40 years. Our Elton Centre in Stourbridge provides a range of services including day care, leisure activities such as bowls, exercises, art & crafts etc., plus an information office for advice and help on benefits, health and social care etc. The Elton Centre is also available for hire by local organisations.

Exercise classes are also provided at The Cornbow Hall, Halesowen.

Age Concern S&H is incorporated as a charitable company limited by guarantee and not having a share capital. Accordingly, the trustees of the charity are also directors for the purposes of company law. The constitution of the charity is contained within its Memorandum and Articles of Association.

Management of the Charity is by the Board of Trustees/Directors who are committed to the principles and practice of good governance as issued by the Charity Commission and as contained in the various associated Codes for the voluntary and community sector.

Annual accounts are subject to an independent examination by an appropriately qualified Chartered Accountant.

ACHIEVEMENTS & PERFORMANCE 2021

Financial Review:

A very different year due to the impact of Covid-19, government restrictions and lockdowns. In response to the initial lockdown announcement the Elton Centre closed on 20 March 2020, and all 7 staff were placed on furlough.

Lockdowns largely continued throughout the financial year (1[st] April 2020 – 31 March 2021), with very limited activities possible, and ongoing costs recovered in part via the Government’s Job Retention Scheme and Covid-19 related business grants from Dudley MBC.

As part of a survival strategy the Board made the difficult decision to make 6 staff redundant in August 2020 and to appoint one member of staff as a new Centre Manager with effect from 1[st] September 2020. During lockdowns a minimal presence only was maintained at the Centre to keep the building in a satisfactory state for re-opening. The Centre re-opened for activities in May 2021 (i.e. after this year end).

Accounts for the year ended 31.3.21 show a net decrease in funds (“loss”) of £24,621, as compared with the previous year’s loss of £63,926.

Total cash reserves as at 31.03.21 were £94,362, as compared with £121,070 at 31.03.20, a reduction of £26,708. Since re-opening in May 2021 income from bookings has enabled the charity to maintain its cash reserves going forward.

The Elton Centre is owned by the charity, with a present market value in the region of £285,00.

Full financial statements prepared by Colin Dalton Limited form part of this Annual Report. A summary of these statements is provided in Appendices 1 – 4 attached to help readers better understand the charity’s results. Supporting notes are included in “Activity Statistics and Other Results” below.

Appendix 1. Our Results in Brief;

Appendix 2. Pie Chart - Income & Expenditure for 2021;

Appendix 3. Bar Chart – Income & Expenditure for 2021 & 2020;

Appendix 4. Detailed Statement of Financial Activities for 2021.

• 4 -

Activity Statistics and Other Results:

Meals

Due to lockdowns our café/restaurant remained closed during the whole financial year, and thus no meals services were possible for our day care clients or “drop-in” visitors. In the previous year ended 31.03.20 our café/restaurant provided 3,052 meals to day care clients, and a further 4,226 meals and snacks to “drop-in” visitors and a local day nursery – with a total income to the charity of £89,369.

Restricted cafe facilities have been introduced in July 2021, but to date it has not been practical to re-introduce day care services ( see “Future Plans” below ).

Leisure Activities

Again, due to lockdowns it was not possible for people to attend for our normal activities for older people, which include bowls, keep fit/yoga/tai chi, art and crafts. In the previous year ended 31.03.20 a total of 6,108 people attended these activities – with a total income of £21,358. During the year, a relaxation in lockdown rules during September – November allowed the return of some bowls and exercise classes, with income received of £2,391.

The Elton Centre is also available for hire by local groups for other activities. In the year ended 31.03.20 these bookings brought in a useful income source of £7,717. Since re-opening in May 2021 our Centre Manager, Kim Guest, has been successful in attracting a wider range of bookings which have been important in making the centre viable and vibrant going forward.

Information Office

An important part of the charity’s services has been providing free information and advice to older people on a range of individual problems including benefits, housing, mobility, and finance products. During the previous year ended 31.03.20 approximately 698 clients contacted the office for personal consultations.

During lockdowns staff endeavoured to keep in contact with their clients to continue providing support via telephone contact. Since re-opening in May 2021 a team of volunteers have ensured that information and advice is again available to those older people in need.

Grants

Income received from grants during the year totalled £65,733, comprising:

HMRC – Job Retention Schemes DMBC – Business Support Covid-19 Other – Community Funds	£ 39,064 19,669 7,000 65,733

These grants were essential to the survival of the charity.

Other Income

Other income received in the year of £3,691 from donations, miscellaneous receipts and interest on deposits held. (2020 £5,318).

Expenditure

Total expenditure in the year £97,749 as compared with £191,819 in the previous year, a reduction of £94,070. Major savings of £57,902 in staffing costs due to making staff redundant, offset by one-off redundancy costs of £20,013. Staff numbers during year reduced from 8 to 1.

Other savings in costs were achieved as a result of lockdowns and less demand on resources required.

• 5 -

Future Plans:

As reported in the Chairman’s report (page 3) the charity remains in good shape and ready to meet the challenges that lie ahead. The Board’s commitment is to continue the charity’s important work of caring for older people who often live alone. The following strategies have been identified:

• To ensure that the building and equipment infrastructures at the Elton Centre are “fitfor-purpose”. Improved security measures have been put in place, and future work plans include improved lighting, computer upgrades, and a new VoIP telephone system. Where appropriate grant funding towards these projects will be sought.

• Recruitment of the necessary staffing resources to return to a “normal” service. Due to cost constraints the assistance of more volunteers is seen as essential, but skilled staff to support our Centre Manager is also a recognised need.

• Recruitment of new trustees with the necessary skills and commitment to implement future strategies.

• Re-introduction of a Day Care Service. Currently we are unable to provide a day care service due to the loss of carers and kitchen staff, plus many older people with health problems are still nervous to attend. A working group has been set up to consider the type of future day care required.

The charity has been pleased to see many of our more abled older clients return to the centre for bowls, exercise classes, art etc. and to again enjoy the benefits of these activities and the related companionship.

• The re-introduction of a Café/Restaurant service is considered a priority in terms of generating increased footfall and income. To this end a partnership arrangement with a third- party café manager was introduced in July 2021 on a trial basis.

• To further develop our Information and Advice services. With the closure of other local offices, such as Age UK Dudley and Stourbridge Citizens Advice, there is a recognised need to extend our information services for older people. Trained volunteers have been identified, and agreed upgrades to our computer and telephone systems are important to further progress.

• Promotion of Elton facilities. Since re-opening, Kim Guest, Centre Manager, has generated new bookings from a diverse range of local community organisations, including Slimming World, young mothers’ groups etc. The income from such bookings has been essential as we come out of lockdown, and also in making more people aware of the Elton Centre’s location and facilities.

Kim has also organised a number of fund-raising events, including quizzes, afternoon teas, Sunday lunches etc. Further events are planned.

• Greater use of Social Media. Lockdowns have highlighted the benefits of technology and social media e.g. Zoom, Facebook etc. The charity’s website www.ageconcernsh.org.uk has recently been re-launched, and will be important in promoting what is happening in Age Concern S & H going forward. Please do take a look.

• 6 -

www.ageconcernsh.org.uk

Report of the Trustees & Financial Statements For the Year Ended 31[st] March 2021

• 7 -

Registered Charity No: 1096783 Company Registration No: 03266213

	Page
ReportoftheTrustees	1to2
Trustees'ResponsibilityStatement	3
IndependentExaminer'sReport	4
StatementofFinancialActivities	S
BalanceSheet	6to7
NotestotheFinancialStatements	8to15
DetailedStatementofFinancialActivities	16to17

				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	fiind	funds	funds
	Notes	£	£	£	£
INCOMEANDENDOWMENTSFROM
Donationsandgrants		3,531	5,000	8,531	3,445
Charitableaetivitics
-Income		61,124		61,124	110,874
Othertradingactivities		1,313		1,313	11,301
Investmentincome		442		442	1,296
Otherincome		806		806	871
Total		67,216	5,000	72,216	127,787
EXPENDITUREON
Raisingfunds		1,339		1,339	4,180
Charitableactivities
-Expenditure
		94,845	665	95,510	186,199
Other		900		900	1,440
Total		97,084	665	97,749	191,819
Netgainsoninvestments		912		912	106
NETlNCOME/(EXPENDITURE)		(28,956)	4,335	(24,621)	(63,926)
RECONCILIATIONOFFUNDS
Totalfundsbroughtforward		546,518	1,173	547,691	611,617
TOTALFUNDSCARRIEDFORWARD		517,562	5,508	523,070	547,691

AGE CONCERN STOURBRIDGE AND HALRSOWEN Bal*n¢e Shctt 31 M4r¢h 2021 31.3.21 Total nds 31.3.20 Total fund5 Unre#ri¢wd Restrictsd rund Nthes FIXED ASSETS T8ngib)e asse Unlisted 12 13 420J17 1,000 5A08 425025 1000 421,384 26.063 421J17 5408 426125 447,447 CURRENT ASSETS 14 15 1.182 8,642 96.007 D¢b 9.739 94J62 9,739 94J63 at bank 104,101 104,101 105.831 CREDITORS Amounts fallin8 due wlthin on¢ >rar 16 (7056> (7056) (5587) NET CURRENT ASSETS 96345 96245 100244 TOTAL ASSETS LESS CURRINT LIABILITIES $17J62 5J08 S23.070 347.691 Nrr ASSETS 517,562 5,508 523.070 547,691 FUNDS Unrestri¢ted fimds: General fund R¢stri¢i¢d [￿n￿$. Re5trid¢d [￿d$ 17 517,562 546.518 S,$08 1,173 TOTAL FUNDS 523,070 547.691 The charilDble compAny1s entliled io cxemptlon from audlt under S¢¢¢ion 477 ofihc Companies Act 2006 for the yeBr cndcd 31 Marth 2021. Tho mcmbcrs hwe not Tequlred the comphny to oblain an •udlt of Its flnanclal statements for the year ended 31 MaTch 2021 in ￿roTdan¢¢ with S¢clion 476 of the CompBnics Ad 2(Xl6. The truskc5 acknowledge iheir re5ponsibilili¢$ for (a) ensurin8 tho1 the charitablc company kccp5 arcounting Twords ¢h&t comply wSth Scdlons 386 387 of thc Comp￿1¢5 Arl 2006 and prepHrin8 financial 51atemcnts which gi￿ a true And fair vicw of ihc slate of affair5 of the charitable compATby at the end (Jf ¢a¢h finan¢ial year and of it5 5urplw or deficit for ¢a¢h finan¢ial y¢ar in accordance with thc r¢gulr¢m¢nts of Sections 394 395 and which oth¢rwisc cornply with the requirem¢nts of the Componics Act 2006 r¢latin8 to flnJncial sts¢¢mEnts, so far as applicable to thc Charitable company. (b) The note5 forn part ofthuc financial stht¢mcn15 Page 6 continu￿L..

AGE CONCERN sfouRBIUDGE AND HALFSOWEN B*l•JKe Sheet- coollwued 31 MAr¢h 2021 These financial ststrments have been wewed ID a¢c<ffd￿ with th¢ FKOVISW applKablc io Charl￿1¢ ¢(Mnpani¢s subject small cornpanies regime. rJnanci&l Aai¢m￿ts wrre appyoved by the Bowd of TTh￿ and authorised for issue on .. and wtt¢ sign¢d on its behalf ty. D Harba¢h - CTrain￿•￿- Tn￿le¢ Thc forn) ￿ of thttc fnwlcial %&¢meNs Py7

ACE CONCERN sfouRBRIDGE AND HALFSOWEN Nol¢5 lo thc Fioanclal St•tew¢its for th¢ Y¢ar Ed¢d 31 Mar¢h 2021 ACCOUNTING POLICIES Basls ofprop8ring the f￿￿¢111 sl•lemewts The financiol st1trn￿ of the charitabk cirfnpany. is a public bcnellt entity under FRS 102. have been prepored in a¢￿dance with ￿ Charitie5 SORP (FRS 102)'Ac¢tyJnting WMI R¢FX)rting by Charliles: Stht¢M￿1 of Rewnm¢nded Practxe applicablc to chariiies preparing their a¢¢ounts in a¢¢ordan¢¢ whh the Finan¢ial Rewning s￿￿3rd applicabl¢ in th¢ UK Bftd Ryblic of Ircland (FRS 102) (cff¢¢ilv¢ l January 2019)., Financial Reponing StyThJard 102 Tr Wmancial Reponin8 S¢Mlard appli¢able ID the UK and R¢publi¢ of Irel￿d. and the Compwies Aa 2¢X)6. Thc finan¢ial stam¢nts have been the histori¢•l cosi ¢onveniion. as nK)difled by the revaluation of¢¢nain oss¢ Critleal Ae¢oiitstlng Judgement$ 4Dd key soNr¢es of eJtlm•ilon uA¢¢rt•lnty ID the application of the charitys accounting p)licie4 the tru#e¢s are requirtrj j￿nts, e#im4$ $umptiOM aboyi th¢ ¢arrying amount of asts and liabilitics that ar¢ noi readlly appareni from other SOUT￿$. The C￿Lma1¢S •w)¢iatrd assumrnions are b8s¢d on hIs￿rkI1 and other fac￿ that sidued to be relevant. actual r¢sulis m•y difftr from th¢y¢ ¢Alm￿¢s. The estim8tes And underlying o55uinOkX￿ reviewyd <th In on8oln8 bjsls. Revisions to wxyJynlin8 ¢51imat¢# are re¢ogniJ¢d in th¢ wiod in which the estimatr is rcvised where the r¢visicffl affects only that perlod. or In th¢ period of the Rvision and fvture periods wl%r¢ th¢ rrvision 4ffxts ¢WT¢nt ond firtU￿ p¢riods, All income Is Teco8niscd in the S￿eMent of Financial Arflviil￿ or¢¢ the ¢harity has cntitlement to the fimd4 it 1$ probobl¢ that lh¢ income will be received and the arno￿t can be nM5urtd reliably. Expemdlture Liobilities r¢co8ni%d &s ex￿￿11￿¢ a5 soon u there Is a OT cOn#TU￿1Ve obliwion ¢(mmiuin8 the Charity expcndilure. il is probabk a transf¢r of economic benefits will be wuired in 5¢til¢m¢ni 8nd th¢ 8mouDI ofthe obl18all￿ can bc Me￿wel] Tellabty. &I￿￿lItU[¢ is 4¢¢0unt¢d for on an accru&l$ basis and h been classified under headings w8at¢ Ill com relatrd to the cegory. Where ¢osts ¢thnot be dI￿¢11Y attTlbuted w pArtI￿￿Ar headlw hav4 been allo¢wed fo adlvhles on a bu55 consislent thg use of T#nilble flxed imeis Depreciation is providcd •1 th¢ followlNJ rfU In wder w WTiie off ea¢h ¥Jet over e#1M￿ed ￿¢(￿1 Freehold property Flxntres and flnln8S No depr¢¢iAiion 1$ provided on f￿hold prowty 4 in thc oplnion of the there has been M iru¢M¢ in lh¢ volue be¢we¢n the de of pw¢h8s¢ and the b•l•n¢e theL dats. Flxed ￿¢1 Inv¢Jlm¢tsts Fixed a5S¢t investments are swd w market v•h Rcla¢ed porty ¢xemp¢i•# The charitable company has iaken *lv8ntagc orexan￿￿￿ the wms of FinwKiel liewting Standard 102 Tr Fiwicial Reporting Stsndxd appli¢abl¢ in the UK and Repthlic of Ireland,. not th disclose rel￿ed party tr￿Sa￿lOn$ with wholly owned subsidiaries within the 8rry. Stoeks Siocks ore valued at the lower of CO￿ wxl net rralisllble valu4 M￿Ing all(tywa￿ for obsolde and slow rnovin8 item5. Thc charity is exem0 from tsx on its dwitslAe xtiviti Itinue<L..

AGE CONCERN sfouRBRIDGF. AND HALESOWEN Note5 to the FSn4neS81 Stalcm¢nts- for th¢ Y¢aT Ended 31 March 2021 ACCoU￿1NG POLICIES- ¢o•tln¥¢d Unresui¢ied funds b¢ used In accord9n￿ wlth ihe ¢hariiable objryliv¢s at the discrc¢ion of th¢ truMe¢s. Re￿ri¢￿d fill￿S can only be used for partieulgr r¢5tri¢tcd purposes within the objects ofthc charity. Rc5tridions arise ￿tr￿n srttificd by the donor or whcn fiu)ds are rais¢d forpani¢ular r¢styi¢*d purpo5¢$. FUrthcrexplan￿K￿ ofth n8WTe Bnd purpos¢ ofeach fund Is Includ￿ in the nows ￿ ih¢ financial ststuncnl eoneertt Ai the lim¢ of opproving the accounts. thc tru51ccs have a Teosonablc expeC￿li0n ihai the charity ks adequat¢ resour¢cs lo ¢oniinu¢ in op¢rational eXiS￿nce for th¢ forcseeable fvturc. Thus the TnL4tees continue io ￿0p1 th¢ 80in8 concern btsis of a¢¢ouniin8 in pr¢parin8 th¢ 4C¢OUII OTHER TRADING A￿1VITIEs 31J.21 31.3.20 Room hir¢ Fayr¢51jumbl¢ salo5 mi5ffllanwu￿5Undry ¢vcnts lJ13 7,717 2.565 1,019 lJ13 11,301 INV￿m￿ INCOME 31Jai 31.3.20 Income frorn investrncnts D¢po$i¢ a￿U￿1 intere$1 413 29 815 481 442 1296 INCOME FROM CHARITABLE ACTIVITIES 31J.21 31.320 Ac¢iviry Kit¢h¢n Incom¢ Holiday Club Income Excrcisc (Cornbow) In¢om¢ Danccs - Income Bow15 . In¢ome Keep firl Yoga - Income Art and crafis In¢ome GrnnLq- Dudley MBC Incomc Gran15- Job rcteniion SCI￿ne - Income 89J69 147 5.667 839 1,062 1?29 6.033 2.308 19,669 39,064 61.124 110.874 Pag¢ 9 contiN¢L..

AGE CONCERf4 sfouRBRIDGF. AND HALESOWEN Noles to lh¢ firt¢i41 Sl•ltments- eoAthiued ror the Yur End¢d 31 March 2•21 RAISING FUNDS Ratsl#2 do•tlon$ 4nd l¢R¢l 31Jal 31.3.20 Qih¢r ikndrnlsing ¢oMs Staff costs Depreci￿lOn lJ39 3.288 830 62 lJ39 4,110 CHARrrABLE ACTIVITIFS CO DIr￿1 Costs (see now 7) 95￿10 DIRECT cosrs OF CHARITABLE AcrivrriF3 31.3.21 31.3.20 Sthff costs D¢preciaiion (n¢t Of8r￿S) Transp(Kl and trAvellin8 Kitchen and shop p￿ha￿S Holiday coit Exttcise com- C¢Jrnbow Insuranee Repairs and mainlcnirK¢ Gis. ¢le¢triciiy gnd wa Adminislration ¢01 Rel￿¢ ofrestri¢led fu Professionttl fees Profivloss on disposAI of fixed as%ts 74,641 116.644 i.soo 147 26.054 136 4.602 2.482 9.489 6.587 13203 1.159 4,182 14 1,274 4,893 2,891 O,S51 665 3.485 9S,51• 186.199 NET INCOMFJ(EXPENDITURE) Net irKom¢l(cxpcrKlilure) 13 after ¢hw8inW(¢redi¢in8): 31J.21 31.320 1.775 2,722 1,440 14 Independent ¢X8min¢rs f¢e IASS on disrM)sal 0[r￿ed assds Pag¢ 10

AGE CONCERN sfouRBRIDGE AND HALPSOWEN Notes to the Finanriil Stslemtthts- eonlltt¥¢d roT ¢he Yw E￿¢d 31 Margh 2021 TRiFSTEL81 REMUNERATION AND BENEFITS No TnLe reccived rernuniton in either 2021 or2020. Trusl¢M' ¢xpMs¢s There were no truses' ¢xp¢nses for th¢ eThl¢d 31 Mar¢h 2021 noT f(Y th¢ >tJT ¢rthl 31 Mrrth 2020. I& STAFF COSTS 31J21 31.320 Wagts and salaries 74.641 116.644 74,641 116.644 Th¢ aver48e monthty numberof en¥lo)res th￿l￿the yearw&s 31JJl 31.320 Ckri(zl Cartrs Kitchen No ¢JDplo)w received emolumejrts in exctss of£25.ONJ. COMPARATIVES FOR THE sfATEMEKf OF FINANCIAL AcnvmLS UnT￿￿1Cl¢d Rcslricicd funts rund I'otsl runds IIYCOME AND ENDOWMETh FROM DOn￿lOnS and grants 2.795 650 3,445 Chgrttable etfviti - Income 110.874 110,874 Othertswling aaivities Investmeni i￿ome Cmher in¢ornc Iijoi 1296 871 1,296 871 Total 127.137 650 127,787 EXPENDITURE ON Raisin8 funds 4.110 4,180 CharStsble divlties . Expenditure 185.040 1.159 186.199 1.440 1.440 190,660 1,159 191,819 CONiiiued...

AGE CONCERN STOURBRIDGE AND HALESOWEN Noles lo the Fln•nri41 Slatemtnts- ¢on¢inu¢d for the Y￿r Ended 31 M#Tth 2021 ii. COMPARATIVES FOR THE sfATEMENf OF FINANCIAL A￿1vITIEs- eontInu￿1 Unresirl¢¢ed R¢sirfcted funds rund Tothl nds Nei 88in5 on Invesim¢n¢s 106 NET INCOMEI(EXPENDITURE) (63.417) (509) (63.926) Transftr8 b•twttn 650 (650) Net mov¢m¢ni ITr fvmds (62,767) (I,lJ9) (63.926) RECONCILIATION OF FUNDS Tol*l funds brO￿ght forward 609283 2.332 611.617 TOTAL FUNDS CARRIED FORWARD 546.518 1.173 547.691 12. TANGIBLE FIXED A&SETS rixiures and fitsin8S Freehold property Totsl$ COST At l Awil 2020 Addltlonj 416,102 108,327 6,216 524.729 6316 At 31 March 2021 416,402 114,543 530.943 DEPRECIATION Al l April 2020 Chw8e forye•r 103J45 1.775 1O3a45 1,775 At31 m1￿h2O21 IOS,J20 I•S,120 NET BOOK VALUE At 31 Murch 2021 416,402 9,423 425,825 At 31 M#r¢h 2020 416,402 4.982 421.384 No dcprcciation Is provided on freehold property as. in the opinlon of the there has been an Increase In the wa￿¢ b¢tw¢en date of pur¢hB$e And the balan¢¢ shcci daic. Page 12 niinued...

AGE CONCERN MURBRIDGE AND HALESOWEN ror the Year Ethd 31 M•rch 2021 13. UNLisfED UnliM¢d Inv¢sknen MARKrf VALUE At l April 2020 Disposqjs 16,063 (2S063) Ai31 Mw¢h2021 1.000 NET BOOK VALUE Ai31 MhTth2021 l.DO• At 31 March 2020 26,063 14. STOCKS 31J.21 31.3.20 fujished 8ood5 I& DEBTORS: Amouwfs FALLING DUE WITHIN ONE YEAR 31J.21 31.3.20 Pl¢p•￿￿¢￿S Ind th¢Cn￿d In¢ome 9.739 8.642 I& CREDITORS: AMouKfs FALLING DUE WITIIIN ONE YF.AR 3lJ.21 31.3.20 Trad¢ uediws Social security and other taxes A¢¢n￿lS aThJ deferred In¢on 6JSI 473 839 4,275 5.587 17. MOVEMENT IN FUNDS At 31.3.21 Ai 1.420 runds UDrestrkned fuw Genernl fi￿d SI6￿1# (2&956) 517,562 ReJtrkt¢d funds 1.173 4J35 TOTAL FUNDS 547ffj91 (24th21) 523.070 Pa8¢ 13 conilnued.-

AGE CONCERN STOURBRIDGE AND HALESOWEN for thc YtaT End￿ 31 March 2021 17. MOVEMENT IN FUNDS- conilnuud Nct movement in fund5, included in thc above arc as follow In¢omln8 r¢sourc¢5 Re8ourc¢s exp¢nd¢d Galns and 1055C5 Movemeni In funds UnT¢Sidcted funds Gencrnl fimd 67316 {97J184) 912 (2&956) R￿trIcI¢d funds Rqs1ri￿¢d funds 5,IMIO (665) 4J35 TOTAL FUNDS 72216 (97,749) 912 (24,621) ComparAllvu for movem¢DI fwndi Trnnsf¢rs b¢￿e¢n funds movemeni in funds Ai 31.3.20 Ai 1.4.19 Unmstrlelod tsnd$ Genernl tund 609283 (63.417) 650 546.518 Reslrkled fundi R¢5tricted fund5 2.332 (509) (650) 1.173 TOTAL FUNDS 611,617 163,926) 547,691 ComparAtlv¢ nol movomcnl In fund4 Includcd In the abovc or¢ as follows: Ineomlng r¢sources R¢sour¢¢s cxwdcd Galns and 10sSCS Moveme In funds Unrc¥trlc¢ed funds G￿¢r01 fund 127,137 (190.660) (63.417) Rtstrleted fu#ds R¢5tri¢led fvnds 650 {1.159) (509) TOTAL FUNDS 127.787 (191,819) 106 {63,926) Pag¢ 14 conlinued...

AG£ CONCERN SfOURBRIDGE AND HALLWWEN (vr the Y¢aT End¢d 31 March 2021 17. MOVEMENT IN FUNDS- ￿TrIn￿ed A rurrEnt yrar 12 month5 and PTIOT 12 nThths wnbincd Fuilion is as folk)￿. Transfe Ai 31.3.21 At 1.4.19 Unrestrl¢ted fun General 609215 (92J73) 650 517,362 Restrtctod fuAd$ R&4tri¢d fvnds 2J32 (650) 5.508 TOTAL FUNDS 611.617 (88J47) 523.070 A currem >Tar 12 N￿nthS and 12 mmths ¢￿nbilled nd in fun¢K included in th¢ above are as follows: Incomm Gain5 and Movement in funds Unrestricltd fuNd5 G¢ncrnl fill 194J53 (287.744) 1.018 (91373) R¢s¢rS¢t¢d f¥nds 5.650 (1.824) 3.826 TOTAL FUNDS 2(KI.003 (289.568) 1,018 {88,547) I& RELATED PARTY DISCLOSURES Ther¢ Hwe no rel￿ed pw trans￿10￿ for the yearcjth 31 March 2021. 19. ULTIMATE coNfROLLING PARTY The clwity is controlkd by its Trustees. P4¢ 15

AGE CONCERN ￿oURBRIDGE AND HALLWWF.N Deiillod Slatement of Firtan¢i•l A¢¢iYi¢l for thc YtAr Ended 31 March 2021 31.3.21 Totsl runds 31.3.20 Tolal Unrcstri¢t¢d fvnds Reslrici¢d runds INCOME AND ENDOWMENTS DoNation5 a￿d Donalions and 8rants 3.531 $000 8J31 3,44S Oth¢r trnding •¢¢ivitl hirr FayresfJumbl¢ salc5 Miscellaneo￿Sllndry ¢v¢nts lJ13 lJ13 7,717 2.565 1,019 lJ13 lJ13 I￿¢$1m¢￿t Ith¢0￿¢ Income from investments Deposil accourt ini¢r¢ 413 29 413 29 815 481 442 442 1.296 Charlthble ¢llvltlos Kil¢h¢n Holiday club Ex￿19¢ (Cornbow) Dances Bowls Keep fitlyoga Art and cralis GTrnts. Dudley MIJC Grants- Job rfention scheme 89,369 147 5.667 839 6.511 6.033 2.308 1,062 lJ29 1,062 lJ29 19,669 39,064 19.669 39,064 61,124 61,124 110.874 Other ltteon mi￿¢113n¢0us 806 871 Tol81 In¢omlng re8our¢¢s 67316 5,000 72316 127.787 EXPENDITURE R8lslng donations And i¢Baeles oth￿ fimdraisinB ¢OSIS Sthff costs Lkpr¢C1￿lom lJ39 lJ39 3.288 830 62 lJ39 lJ39 4.180 Ch4rltbl¢ •¢t5vltles 74,641 74.641 74,641 74,641 116,644 116.644 Carried fonvard This pa8e doe5 noi fomi part of f￿￿￿la1 statcmcnts Pa8¢ 16

AGE CONCERN STOURBRIDGE AND HALESOWEN D￿alled Siatem¢nt of Finaneill Aellvlti ror thc Y￿r End¢d 31 March 21121 31.3,21 'rothl fund$ 31.3.20 Total runds Unreslri¢d rund$ R¢slri¢l funds c￿rItAb￿ etlvlelo8 Broughi forward D¢pr¢eSatlon (n¢l of grnrtts) Trnnsport 8nd trav¢lling KI￿hen and shop purchases 14olldiy ¢0 Exercise cost- Cornbow Insuranc¢ Repairs and malntenllnce G￿. electricity and watcr AthninlstsaiiLm eosts Rele&￿ of rcstrictcd funds Professional fees Pmfivloss on disposal of fixed &55ets 74h41 74,641 116.644 1.500 147 26.054 136 4.602 2.482 9,489 6.587 13,203 1.159 4.182 14 1,274 4,893 2,891 6,551 1.274 4,893 2.891 551 605 3.485 005 94,845 665 9S,$10 186.199 Support ￿$1# Governanee eosls Indepcndcnl examiners feo 900 9011 1,440 Total re￿Ure¢S expended 97,084 665 97,749 191.819 Nct <¢xp¢ndltur¢yln¢om Ixfore 8lni ind (29J68) 4J35 5,533) (64,032) RoAllscd reco8nlsed gglns And 1055CS RealiJ¢d wilnsl(losses) on r￿ed assol Inv¢¥lrnents 912 912 N¢1 (oxp¢ndltur¢yln¢om(t (28,9S6) 4J35 (24.621) (63.926) This pagc Ik>es not fom of the siaiutory financiAI sMtcm¢nts Page 17

Independent Examiner's Rtport to ibe Trustees of AGE COTrqCERN STOLRBRIDGF. AND IIALESOWEN Independent ¢x#mincr's report to the Iry51tt5 of AGE COIYCF.RN STOURBRIDGF. AYI D IIALESOWEN I'th¢ Company,) I report to Lh¢ chariiy ￿￿teeS on my examination of the accounts of the Company for the y¢ar endcd 31 March 2021. HesponsibilitiC5 and basi5 of report As ihc charity's tru5tCCs of th¢ Company {anil also its dircciors for the purposes of COTnpally lawl you ar¢ rcsponsiblc for thc pr¢paration of the accounts in accordance with ihe requirements of the CoTnpanie5 Aci 20061'ihc 2006 Aci.). Flaving satisfied myself that the aicounts of the Company are not required to bc audiicd under Part 16 of the 2006 Act and arc cligiblc for indcpcndcnl cxaminaiion. I rcpon in rcswci of my examination ofyour charitys accounts as carri¢d out undcr section 145 of ihc Chariiics Aci 2011 ('Ihc 201 l Act.). In carrying out rny Cxaminalion I have followed ihe l)irections given by ihc Charity Commission und¢r scctton 14515) Ib) of ihc 201 I Aci. Indcp¢ndent cxAmincr's slatcmcni I havc complctLd my cxaminlilion. I confim that no mallcrs hav¢ come to my ait¢niion in conncciion wiih the cxamination giving m¢ caus¢ to k11¢￿.. accouniing record5 were noi kcpi in rtspeci of the Company as required by Scciion 386 of th¢ 2006 Act: or Ihc accoun15 do not accord wilh thos¢ r¢cord5: or thc accounts do no¢ comply wilh ihc accouniin8 requirements of seciion 396 of the 2006 Aci oth¢r than any requirLmLnt thdi ihe accounts giv¢ a tru¢ and fair vi¢w which is not a matter considcred as part oran indepcndcni examindli()n: or thc accounls have not iwi preparcd in accordance with the mcihods and principles of the Staiement of KecommLndcd Pr￿lIce for atcouniing and reporting by charhlies (applicabl¢ lo ¢hyrilics PT¢paring ihcir accounrs in aLcorddnce with lh¢ Fini￿(1￿[ Reporting Sthndèxd applicable in the UK and Republic of Ireland11.-KS 102)). I huve no conccms and have come across no oiher mailers in conneciion with the exarnina¢ion lo which attention should bc drawn ID thi5 r¢port in order ¢0 cnablc a propcT undcrstsnding of thc accounts to bc rcachcd. Mr C Dalton FCA Qhartcrcd Accountant l)alton l>ardoc l.imitcd Chartcrcd Accountants 7()4 1 ligh st￿¢t Kingswinford Wcsi Midlands DY6 8EIQ Date.. Page 4