Age UK Ealing (A company limited by guarantee) Trustees. report and financial statements for the year ended 31 March 2022 Age UK Eding. Company Tr).04666730 1 Registeied Charity no. 1100474 Registerèd office". Greenlord Community Cenire. 170 Oldfield Lane Soulh. Greenford U86 9JS Age UK Ealing (A Company Iwniied by guarantee) Contents Forthe year ended 31 Marth 2022 Page Legal and administration Chairperson's statement Trustee's report 4-10 Auditors report to the trustees Statement of financial activities 14 Balance sheet 15 Cashflow ststement 16 Notes to the financial statements 17-24 Age UK Ealing (A Company limited by guaranÈe) Legal and Adminlstrative Infomiation For the year ended 31 March 2022 Charity number 1100474 Company Registration Number 04666730 Reglstered Office Address Greenford Communty Centre 170 Oldfield Lan8 Soulh Greenford UB6 9JS Trustees Charles Lowe {appoinled 02 June 2021) David Muir Salpal Chana Sudha Agrawal Ryan Allain Frances¢o Fwzza Janany Shanmugarajah lan Newton Stephen Young Kim Deasy Kerry Kent (appointed 13 o￿ober 20211 Auditors Knox Cropper LLP 65 Leadenhall Street London EC3A 2AD Bankws CAF Bank Limited PO Box 289 Wesl Mai1Sng Kent ME19 4TA Age UK Ealing (A Company Iwnrted by guaranÈe) Chairperson's Statement For the year ended 31 March 2022 l am pleased to repjrt that cmjr charfty has conunued Ils reoyd ofwt51anding Se￿Ce to our ￿mmUnIty over the yeat, whilst ￿M81Th￿9 finanoalty Sta￿e. deswte the ￿9n￿¢an1 ¢h3llenges weBented ty Covid-19. Our dedicated staff and volunteers have continued to delNer high quality s¢Ni¢es wl%ch ¢ontsnue to be valued by our users- the older people of Ealing and thoge who care for them - and which also demnstrate good valu• to current and potenlal fundèrs. A¢hlevom•DlS and Performanc• Age UK Ealing IAUKEI had many highlights during 2021r22. Some of these are deSC￿bed beitrw. and othar highlights ofthe year are covered in the report ol the trustees. 1. R•spondlng to th¢ Co¥ld.19 pand•mlc The charity. in common with every other organisakn. had to eontinue Significant changes started in the evious year in response to Coronavirus. Our users are amorg those most vulnerable to the vlrus, and therefore our approach has a￿ayS been to ensure th& safety ol ev¢ryone assoaaled with the c*arity. induding cwjr user8, our stsff and vdunteer5. W4e began the year, *Mierever poS&b￿. prowding our services 8n¢J support by phone. gradually m¢)vlng to more f*e-ttrf8r* actiwties during the year. Des￿te the ch8llen9lng cArcumstances- including womng from ho￿ pri￿palty at the stsrt of the year- our staff and volunteofs hav 8hown great commitment and flexlts.lity and have Continued to supm hundreds of older people every weèk. During the year. the utilisatson of the Gre￿IL￿d Communty Centre wadually increased as many of our r8gulor ¢entre user oryanisations and groups bègan to retum - average ulili5ation was 45%. I Contlnulno to h¢lp Jnd support Older Peopl• In Eallng During the year Age UK Ealing had aboLrt 10,000 conta¢ts wth older peoFAe. their families and carers - an average of a litue le55 than 1,O)O per month. 84.3% of ¢ontact$voro made through our Information arKI Advice service, 12.1% through our BefrIerK￿ng Semce. aThJ 3.6% through rwr Day Centre. Over 10.000 health and ¥￿Ibeing checks and support c811s We￿ made duriThJ the year through tel8Fthone suppM)rt.' seNce users recwad an av•r8ge of Ilwee c¥115 per week. 62.7% of contads were supported thr￿jgh I&A. 8.6% through Day Centre and 28.7% through our Befrlendlng w8ekly hè811h and wellbeing checks with oldec people. the(r families and carers. The charity has continued to ddivor a rangè of sÈrw¢es in 2021r22. induding.. Ealing Advice SgrM¢e (EAS}. in wh*th we are a partner along￿de Eallng Merw&. Deaf Plus, Ealing Centre for Ii*Jependent Living IECILI. MIND Ealing and Houn31(Y￿. Nudeus. Famity Action. Havelo¢k Family Centrè, and Parents of Ealing Self-Help Trainsng S¢herne {P.E.S.T.Sl. This service. follo*ryng on from the very successful Ealing spea￿lS1 S￿￿￿ IESAS) with a l)roader remit and larger grtyjp of seNi￿ delivery partners, is highly valued by its many users. and is re¢£)gnised by our commissi(￿ers for its consistent qual'ty ar￿ the largè number5 of users it reaches. Alongside thls service, tho d)8rity continued to provide its Information & Advice 8eM¢es wh￿h address a wde range of topics relev8nl lo our cAder people and those who support them. and our Day Cer￿e servi￿$ us•rs have a(1 been regularty cantsctad by phone throughout the year. Our 8efriending Services (Telephone Supwt ServKe Neighbwrfy Connectors) continue to help older people lo ￿rnbat londiness and soua Isdalion. Age UK Ealing (A Company limrted by guarantee) Chairperson's Statement (cont.) For the year ended 31 March 2022 In 2021122 we were pleased to welcwie Kerry Kent as a new trustee lo our board. Kerry has marketing. statlslical and population sampling expertise that she brings. l also joined. hawng previously been Chalr of Citizens Online, the UK-wide digital induwon charity. I was appointed to the position of Chair when David Muir stepped down. following the end of his two consecutive thre&year lemis in that role. The Board expressed their deep appreeiallon for David's dedication to the role and the resultant success of the Charity over Ihe past few years. Thankfully David has 4reed to stay on as a Tru$te6 $0 we will not his exiensive knowledge and good judgement. Every year, our funders and donor5 are vilal lo the charity being able to conlinue its work. We would like lo thank in particular, Ealing Council, Eding Clinical Commissioning Group ICCG). The National Lottery Community Fund. The Mercers Company. Garfield Weston Foundation. City Brid9e TnJst arbd Age UK for their financial supporL and we are extremely grateful for all the don*t￿n3 arKI bequests received during the year. We also wish lo thank Levy & Partners Limited who have been our auditors for 10 years for their valuable support. In accordance with good accounting practice. we are now required to change our auditor5 - following a detailed tender operation, Knox Cropper. who have audited this report. wefe apwnled as our new auditors. Attracting new funding and in¢cme is key lo the future of our charity. During the year we havo continued our efforts on raising income, widening our tsrget dorKJrs to indude local wnpanies and to encourage Ealing resldents to become members. Finally, I want to thank agoin all our staff, volunteers and trust8e5 for the timg. ski113, experience, commitment, and enthusiasm they all bring lo the work of the charity especially in the very challenging Covid-19 environment, and also our members for thwr continuing support. Und8r Ihe leadership of Reginald Parkinson our CEO, our dedicated staff and volunteer teams have enabled the charity to continue lo provlde much-needed support and services lo older people in Ealing. Charles Lowe - Chalr of Age UK Eallng Date: Age UK Ealing (A Company Iwn*ed by guarantee) Report of the Trustees (incorporating the Dlrectors. report) For the year ended 31 March 2022 The Trustees present th￿r r6pJrt and the finandal slat8mwts ftythe year erKled 31 March 2022. The Trustees. who are a130 Directors of Age UK Ealing for Ihe purposes of company l•w vkno served during the year. are sel out on page 1. S¢ructur•, Gov•rn•n¢•. and Manag•m•nt The pwecessor of Age UK Ea14rg. Age Concem E81irvJ (ACE). was forn￿ in 2003 by way of m¢rger of four smaller Age C(¥￿M organisati(x)$. The charity3 governing document (the Artides of Assouation) sets crtrt the prcce¢Jure for ewon. appointmènt and ¢o-OPtion of TnJstees. The Board of Trustees has ovèrall responsitmlity for Iha d)8rity arHI meel5 regularfy. Chair 8nd up lo ten other Trustee5 are formdly dected by the charity's membership every th￿e years. Trustees may sland for re-eio¢bon sut4ect to the Charity's Ariides of Assoaation. Casual vacanciés arislng tjetween elecbons are filled thrcwh app)intmÈnt by thè Board subject lo membefs. approval at the next Annual General Meeting. Provision is made in the charity's Attcles of Ass¢ that they have the skills and support t￿Y need to excd in what they do continue to raise tyjr profflè. by yomotin9 ow seTrices and what we (b indLKling, fcf the first tSme Ihls year, Sponsoring the Ealin9 half-marathon $afely prowth (Jigital i￿v310n ￿1n our communbty of s•N¢e u5er5. speafically to counter lonolirte55 and bring youngèr and older peO￿e logether dèvelop new seNces based on identified W needs ensure that Greenford Centre f&ilities are widety used seek new important partnershlps wlth relovant agencies and organI￿lon$ Subsequènt to the 2022 yew-end. and thus a post tsalan￿ sheet event. the Trustees have beèn infomied of a substantial unrestricted legacy, the In￿81 tr8n¢he of whth has been recewèd. ￿1151 the ultimate sum has yet to be finalised. it wll run wdl into figurès. The immediate impact of thi$ is to provide additional financlal strength lo the charity. folbwng th• in-year deficit caused by Com&19 m¢nlioned on the previous page. Inillal F4ans are to use 8 significant afflount of tlis sum on two verture8 by the tharity". Following a suN6y of our service users Ihat shtr•AI loneliness to be their prindpal con￿rn and digM81 ability their principal weakness. the TnJstees a￿ ￿anDIng to establish a digital indusion project to improve older people's digital competence in Ealing. 11 is hoped that thos can bè integrated wth oth&r NHS. third sethr and c￿jnu1 athvit*s. Responthng to regular enq￿ries from ser4ryce users. the Trustees have been keen lor some timo to esta￿lsh a gardening servKe to hdp dder pewe to keep their gard￿S good. The legacy wll enable wr¢h8sts of a van and equipment. as well as other slart-up ¢05ts. The opportunlty wll also be tsken lo adVar￿ expenditure in areas Pre￿ouslY deemed non-¢yttl¢al. Ir￿Ud￿g improviThJ the décor of the Greenford Community Centre to improve its revenue eaming potential. Truit•e*' Responslbllhles Stat•m•nt The Trustees (who are also direthrs of Age UK E￿Ing for the wrFoses rf company lawl are respon8it4e for preparing the Trustees, Report and the fin8ncytJ statements in ac£ordanee wth applicat4e law and United ryJdom Accounting Standards IUnite(l JQngd¢kn Generalty Accepted Accounting Practice). Company law requires the Trustees to prepare financ¥a statamènts for each finanaal year whlth g5ve a tnie and fair ¥iaw of the slate of affwrs of the tharita￿e company and ol Ihe inCo￿￿ng resc¥Jrcès and 8ppItCation of resources. indui*ng the inrm and expenditure. of the charitable company that Feriod. In p￿paring these rinancial statements. the Trustees arè required lo= Sele￿ sulta￿e accounting poliaes aThl then 8K￿Y them consistenty: obse￿9 the methods and principles In the charib.es SORP.. make judgements and accounting estimates Ihat are reasonab￿ and prudent,. Age UK Ealing {A Company linited by guarantee) Raport of the Trustees (incorporating the Directors. report) (cont.) For the year ended 31 March 2022 stste wt*lher 8pplicable UK Accwnting Standards have been follcwed. sutyect to any material departures i*sdosed and explalned In tr* finan04 ststements., and prepare the financial ststements on the golng w)Cgm fJag$ unloss il Is in8rwopriate to presume that the ch8ritst4e company wryll continue In business. The Trustees are reSponsi￿e for kÈèi*ng adÈquatÈ ae£ounting rÈ¢ords that disdose wth reasonable accuracy at any lime the finanoal p￿tIOn of thè charita￿* eomp8ny and enable them to ensure that the financial sL*emenls comply wth the Companies Act 2(￿. They are also rèspN)nsilJe for safeguarding the assets of the charitable cornpany and hence for taknng reasonable steps for the wevention and detKtion of fraud an*J other irregulallties. In so lar as the Trustee$ are aware: there is no relevant aL*JIt nformalion of¥*thith thg choritsLle compan￿$ audi￿ un8w8re: 0TrJ the Trustèes have taken 41 steps that they ought to have tsken to make themselves aware of any levant audit inftymalion and lo establi$h that the authtors are aware of that infomiation. Audltorn It Is Comme￿ practice for charit*s lo apwnt auditots from twne to tirr*. Thts year we we Iherefore welcoming Knox Cropper as ￿r new wjdltors. The Board wshe5 to reiterate its ihanks to Levy & Partners for all th￿r audrt wort aThJ thce to the ¢harfty over the previous 11 years. These finanaal statemènts were approved by th• Board of Tr￿t*S behalf by". G} and are signed on thelr Charf•8 Low•- Chalr of Ag• UK Eallng Dat•: 2>(09( io Age UK Ealing (A Company linrted by guaran￿) Independent Auditor's Report to the members of Age UK Ealing Oplnl¢n We have audited the finanaa statements of Ag& UK Ealir•J (the 'chaiilable company'l for the year ended 31 March 2022 wh>ch comprise the Statement of Finanoal Adivilies. the Balance Sheet, Statement ol Cash Flows and notes to thè ffinancial ststemen15, induding a summary of ￿gnIficant acuurtting pJicTres. The fi￿ncIal rèporting framewiJrk Ihat has been ap1￿￿ed in their preparation is applicable law and United Kingdom Attountyng Standard$. induding Finanool Reporting siandard 102 The Finanaal Repcrfng Standard ap￿icable in tha UK and RepU￿1C of Ireland {Unit8d Kingjom Ggnerolty Awjled A￿o￿tIng Prthl. In our opinlon the finano81 $tstem¢nt$: give a Irue and fair view of the stale of the d18rits1Je ttlnpany's affaits as at 31 March 2022 and of Its inox)me and expenditure for the year then ended" have teen properfy prepa￿d in accordance *ith UThled I￿n￿Y0M Ggnorally Awted Ar£O￿tIng Practice.. and have been prepared in accordance with thè rewiremenls of tho Companies Art 2Crf)8. 8asls af oplnlon Wè ¢orKlucaed our audit in accordance wilh Internalional Standards onAuditing IUKI IISAS (UKII and applicable law. Our respon$ibililies under Ihose standards are fijrthef t1escribed in the Auditorfs responsibilities for the audh of the finandal slatemenls section of our rewt. We are independent of the chadtable company in accordance **thh thè èthical rèquirements that are rde¥ant to ryJr audlt of the financial ststements in the UK, induding the FRC'S Elhi¢81 Standard. and we have fuffil￿d our other ethical responsibilitiès In a¢¢ordance wilh these requirements. We believe that th& eyidence we have obtained is sulficiant and akwprio1* to pmwde basis for our opinion. Conclu$lon$ r•l¥tlng to goln9 conurn In audiling the ffinanoal statements. wo have condLEded that the trustees. use of the golng eoncern b?$15 of aecounling in the preparation of Ihe finanoal statemènts is appropriate. Based on the work we havg perfL¥med, we have not identified any rnateri￿ un￿rtain￿"es relating lo event5 or conditions that, indi¥ldualty or cdleclively, may cast signfficant doubt on th¢ ¢h8ritable ¢tsrnpanls abblity to Con￿nUe as a going concern for a perKcNI of at least twelve n￿lhS from whèn thè finan(ial statements are aut￿Sed for issue. Our responsibilities and th$ rs$kw)nsibilibes of the trustees with respeca lo gr￿ng c￿Cern we descrfbed In the rglev•nt sections of this report. Oth•r Information The other informabon comprises the infom8llon induded in the annual repott other than the finanaal statements and our audltors, report Ihereon. The trustees are responsible for the other infomiation. Our otynlon on fin8nrAal s&*ements does not co¥8r the (Aher irformation and we do not express ariy form of assurance conclusion thereon. Our responsibility is to read the othec inft)mati¢yL 3r￿. in doing so. conshder vthèthÈr the other infomation is materlally incon￿stent ￿th the financial statÈmèMs C￿our knovAedge obtained in the audil or olherwise a￿ar$ to be materially misstated. If we idenb.fy such material inconsistenoes or apparenl material misstalements. we arè ￿qUIred to determine whether there Is a material misstslement in the financi¥ statements Ihemselves. If. bas•d on the work we have perfOrn￿d, we condude that there is a material misstatameni of this other information. we are ￿quired to report that facL Wle have nothing to ￿port in this regard. Age UK Ealing (A Compary linited by guarantee) Independent Auditor's Report to the members of Age UK Ealing (cont.) Oplnlon on oth•r matt•rs pr•scrlb•d by the Compan1•* Act 2006 In our opinlon, based on thè wcKk undertaken in Iht course of the audiL the information given in the tnJstees' report, which indudes the directors, ￿port prepared for the purpose5 of company law. the financi￿ year for vthich the finanaal statements are prèpared Is consistent with the fingncgal ststements: ¥#J the directors. report induded within the trustees. report has been pr8parÈd in 8ccordan¢e applicable legal requirements. Matters on whlch w• ar• r￿UIr￿ to report by excepOon In the light of the knovAedge and understanding of the Charitab￿ company and Its envlronmenl obtslned In the course of the ?udil, we have not identified material misstatements in the directors, report included wlhin th¢ trustees. report. We have r￿thing to report ￿ respeLI of the fdlcthing matters where the Companies Act 2006 wu1￿$ us lo iep)rt to you If, in our cyinion= adequate 8¢cixJnting rerx)rd5 have not been kept. or retums adequate for our audll have rK4 bggn received from branches not wsil¢(J by u$.. LY the finantsa statements are not n agreement with the accounlir¥J r8cords and retums; or certan dlsdosures Oftr￿tees. reM￿erati￿ SFetyfied by law are not rnade: or we have not received all the infonnation and e¥4anations we req￿[? for our audlt.. Of thè trustèts wer& not entilled to prepare the finanual slatements in accordance wlth the small companies regime and takt advanlage ol the srnall companie5. exemptions in preparing the twstees, r8POrt and from the requirement to prew a slrategi¢ R•spon$lblliU•s of Tru$ts¢8 As explained more fully in the Trustees, Respongbilities Statement. the Trustees (who are also the directors of the charitable coryany for the purposes of company lawl a￿ ro$Frf)nsiUe for the preparation of the financial statements and for being satisfied that they give a true and fairwew, aThJ for such Intemal ￿ntrol as the trustee8 delermlne is ne¢essary to enable the preparation of financial ststements th* are free from material misslalement. whether thje lo fra￿￿ or error. In preparing the financial st8temenl$. tho iru$t¢e$ ore responsit4e for assessing th8 tharitable company's ablllty lo conts'nue as a going concern. disdosing. as ap￿IcatI&. Matte￿ related to gThng concem arKI using the golng ncern basis of accounting unless the trustees efither inlend to ￿4￿￿#te the o)mp8ny or to cease operations. or have no realistsc altemabve but to do so. Auditorf¥ r•sponsibilllies for the audlt of the financlal statements Our obj'eclives are to obtain reasorbat4e assurance about Whet￿ the finantsal #latemenls as a whole are free from rnaterial misstatement. wheiher due to fraud or eNor. and to issue an audtiorfs report ihat indudes our opinion. Reasonable assurance is a high lev&1 of assurancè. but is not a 9uaranlee that an audit conducted In accordance wth ISA5 (UK) wll thays detecl a material misstatement when il exists. Misstatements can arfse from fraud ty error aNJ 9￿ ¢on$Klered material rf. indmdualty or in the aggregate, they could reasonably be expe¢ted to Influencg oCCrtv)mi¢ de(?sions of ￿r5 taken cm the basis ofthese ffinandal slatements. 12 Age UK Ealing (A Company limrted by guarantee) Independent AUdit0￿S Report to the members of Age UK Ealing (cont.) lThegularits"es. induding fraud. are Instsnees of non-compliart* wlth18ws and regLdations. We deslgn procedures In line with our resp)nsbilities. outjined above. to detect material misstatements in resF*d ol irregularities. Including fraud. The extent to I￿[ch our pr￿d￿reS are Capable ol detecting irregLlaritse5, incluthng fraud is detailed below.. The Charltthe Company Is required to ￿rnpty with t*)th company law and charity law 8nd based on our knowledge of its activilies. we identified that the legal requirement to accurately account for restrf¢ted ftJrKls was of key svJnificance. Wè gain8¢J an understsnding of how the charrtable company complied with its le9al and wulatory ftamewofk. indudln9 the requlrwnent to prO￿Y a¢xounl for restricted fvnds. through th"scussions with management and a reviv* of the de4)Jmented polioès, yctèdures and controls. The audit tsam, whth Is ex[erie￿I In the aud6t of charlll85. ¢￿5￿Jere0 d)aritat4e company's susceptibility to materi81 mlsstatement 8fKI htrw fraud may cccur. Our consider*ion$ Included the ￿sk of management override. Our approach was to check that all rests1Ltted income was property Idenlffied and separatety accounted for and to ensure that only V￿1￿ aThJ appropriate expendrture vrfas ¢hargtrd lo resiricted hjnds. This Indu(Jed ovlwling joumal adjustments and unusual transathons. A furth8r descriptlon of our responsibilities for th¥ audit of the ffinwKi¥i staterr￿ntS is located on the Flnanclal Reporting Council's w8bsite aL www.frc.c*g.uklauditowespOn$ib￿ftI¢s. This desuiption forms part of our auditorfs report. of our r•port This report is made solety to the chgTitabl• companys members, as a tM>dy. in accordance with Chapter 3 of Part 18 of the Companies Ad 2006. Our audit ¥bY)rk has been undert8ken, so that we might state to the charitable CoMpan￿S members those matters we are rèquirèd to statè to them in an auditorfs report and for no othèr purptsse. To the fullest extent permitted by law, we do Mt accept ora$$uff* re$pDn$ibility to anyone other than the charitable company and the charilable company's memb8rs as a body. for our•udit work, forthis report for th¢ opiruon$ we have f()rn￿l. Simon Goodridge Senirx Ststutory Auditor for on behalt of Knox Croppw LLP 65 Leadenhall Street 14109122 London EC3A 2AD 13 Age UK Ealing (A Company limjted by guarantee) Statement of financial acttvities (incorporating the Income and expenditure statement) For the year ended 31 March 2022 unT￿trIde￿ funds R•strl¢tsd IKIS 2022 2021 T¢Xal Not•8 Income from: DonBtiorts and Iwes Charitablè athvities Other trading activities Investment Income Total In¢om• 50,054 59.180 62.919 37 172.190 9,014 221.280 59. 280,439 62,919 37 402.463 34.S73 469.769 13.880 167 518,409 230.274 Expondlture on Charitable adivibes Total expenditure 281.549 281.549 288,642 266.642 548.191 548.191 523,870 523,670 G8inW IItss8881 on investr￿ntS NET INCOMEIIEXPENDITUREI 11 13211 1109.680) 1321 (36,3691 {146,049 4,493 Gross iransfers beNv8en furN NET MOVEMENT IN FUNDS {36.369) 1146.049) {146.0491 {4.4931 Réeon¢lliatlon of Funds: Total Funds broughtforw•rd Total funds carrfed lo￿ard 319.117 173.1)60 319,117 173,068 323,810 319.117 The statement offfinancial acti￿lies I￿audeS al gains and losses in the year therefore a separate slalemenl of total recognised gains and losses has not been prepared. All of the above amunts relate to contirning ac11￿05. The T￿leS on pages 17 to 24 f￿ an integral part oflhese finanaal slatanenls 14 Age UK Ealing (A Company limiied by guarantee) Balance Sheet For the year ended 31 March 2022 2022 2021 Flxgd Tangible assets Investrnenls 10 11 24.148 1.233 25.381 30255 1,554 31.809 Curr•nt a$$•t$ Dèbtors Cash at bank and In tsnd 12 30,680 182.736 213.416 24.478 308.252 332.730 Cr•dltor8: amounts falllng due wlthln on? year Nvt curr•nt ass•ts 13 (65.7291 {45,422) 147.687 287,308 Not *$set$ 173,C68 319,117 Thè funds of thè eharlty: Restrided 1￿c￿ne lutvjs 17 Unreslft¢ted income furHts: Designated fvnd$ Tangible Fixed assgts General Fur*J Total charlty fvnds 94.000 24.148 54.920 173.(￿6 94,000 30.255 194.862 319,117 The notes on pages 17-24 fonn part of these finaroal stateft￿nts. The financial statèments are prepared in accyjrthce vliih Ihe specaal provisions of Part 15 of the Companies Acg 2006 relating to small compatNes. Thè fin8nd818131en*nts were apwoved bythe tmjard on t411 and wgned on its behalf by Ch•rl•$ Lowg- Chalr of Ago UK Eallng Datts: Company number.. 04666730 15 Age UK Ealing {A Company linited by guarantee) Cashflow Statement For the year ended 31 March 2022 2022 2021 Cash flows from operatlng actovltles: Net loutgolnglhncoffung reS￿rt*S for the year Interest recwvable {146.049) 1371 321 14.4931 1187) 17681 7,174 25.361 121,2061 IGainsllLosses on in￿sIm•nI$ Depreciation and impaSnY*nt Dè(yeasel{In¢rease} in deblcKs InctsasellDecreasel in Ixedilor5 Net cash provlded byl{us•d Inl op•ratino aCtlvltl•s 6.739 16.202) 20,306 Cash flows from Investlno actl¥rtl•s: Dividends and in1e￿lfr0M investrnents Purchasé of Property. ￿ant and ￿ul(¥￿ent N•t ea#h pravid•d byllused Inl Invesllng adlvltl•• 37 187 631 S.208 5.021 594 Changè In ¢ash and equlv•lents In th• rep￿￿￿0 p•rlod 1125,5161 Cash and cash equlvalents at the beglnnlng of th• reporUn9 pertod Cash and ca•h •quival•nts #i tho end ofthe reportlng perlod 308.252 307.390 16 Age UK Ealing {A Company linited by ￿arnnIee) Notes to the financial statements For the year ended 31 March 2022 Accoun￿n4 poliel•s The Principal accounting polioes are summariz8d below. Th• accounlNJ ￿lideS hav• been applied consistenuy through om the ojrrent and preceding year. Basls of aeeoufttlng The financial slatements of the ctharity. whith is a put4ic benefrt entity under FRS 102. have been prepared in accordance V•ith the Charities SORP IFRS 102)'Accounting and Reporhng by Charibes.. Statement of Recommended Prac*ce ap￿ICable to charities preparing their finana81 statements in Lordance with the FinanThal Reporting Standard applicatAe in the UK and Republic of Ireland IFRS 1021 second edition,, Financi￿ Rep)rting StaThJard 102 The Finandal ReportSng Standard licable in the UK and Republic of Ireland and Companies Ac* 2006. The financial statements have been prepared underthe listorul cost convenb.on with ilems recognised at cosl ortransaction value unless otheNse stated in the rdevant Mte(s) to the ffina￿al statements. Thè fin8nu81 statements are prepared in sterlirMJ. which is the functional ojrrency of the charity. Monetary amounts in these firwiaal Staterne￿ are roundgj to the nearest £. 1.1 Fund accountlng Unrestricted fijnds a￿ available for Ltse at the discrelion of the trusta•s In lurtharance Oft￿ general objecaives of the charity. Restricted funds are to b8 Ltsed for spedfic purposes a5 laid down by the dorrtjr. Expenthture whKh meets the criterfa is charged to the fund tryethw V•ith a tsir all￿ati(￿ of management and support costs. 1.3. Ineome R•eognltlon All incoming resources are induded in the staiementof ffin8nc*al adivillès when the ¢h8rity 1$ ènliued to the income and the amount can be guaranteed with wsonatrAe accuraty. The following specrflc policie5 are applied to partthw Cate￿eS of i￿oMe. Voluntary irKome is receNed by way of grants. dmtions arKI gfft5 8r¥J is Ir￿uded in full in the 8lalement of finarrial adivities when r￿1vab1é. Grants entiuerwt 15 not conditional on the delivery of a speafic perfo(mance the chanty. #ro rwnised when the charity becomes Ur￿0nditionallY entitted to the ￿an1. Donated services 8fKI facilities are indLKled at the valuè to tha charity whero this c8n be quantified. The value of services provided by Vdunteers has not irKSLKle(l. Gifts d¢Jnated for resale are indudad as incoming resources wi￿n adivities for genaratlng funds wthen they we sold. Income from investments Is induded in the year in wtiith it is r￿￿vatI8. Legaaes are included when the Charity 1$ advised by the personal representaiive or an estslo Ihat payment will be mad•. or property transfwre(l arKI the arrrfjunt invc4¥ed can b8 quantifig(1. 17 Age UK Ealing (A Company Irniled by guarantee) Notes to the financial statements For the year ended 31 March 2022 1A Eyr•nditure Expenditu￿ Is rèec43nis8d on an aCcn￿l basis as a liabilty is incurred. Expenditure IndLfvJes 8ny VAT vthich Cartr￿t be fulty reco¥er& and is rep￿ 05 Part oflhe expenthturo to whid) it ￿lates. Costs of generating fund5 comwise the costs as￿1818￿ V•ith attraL*ng yo1￿tary In￿￿0 and the costs of tradng for fvndr¥i8ing purposes. Charitable expendilwe ￿m￿lseS those costs incuffgd by Ihg ch•ity in the delivery of Its aCtfv￿es and services fortts beneficiaries. It indudes ￿th costs th* can be all￿ated dirpLtly to such knl and thos8 costs of an indtrect nature necessary to support Ihem. Support costs a￿ those ¢osts in¢urred thredty in SUPFMYt ofgxrwmjiture on the objects ofthe charity and indude projeLt rnanagement. 1.5. Tanglble flxtd aasèta and depreclallon Tangible fixed assets are stated al cost less acoJmulat8d depreuation. Deprecyation Is provlded at rates calculated to write off the (x)st or valuation less wdual value of each asset over Its expeded Lbseful life as f￿1￿￿s. ant and mxhinery FL%tures. ffttings aTrJ equipnent 15% perannum bala￿8 1*9$ 25% wannLth r8thorwJ balance bas55 Items of eq￿prfw¢ are ¢aF*￿i￿d T*h*re the purchase prlce exc%eds £1.0(Kl. Depredation costs are allocated lo athities on the bass of the use orthè r8181ed assets in those aclivlties. 1.6. IDvestm•nts Listed investments are $tsled at market value. Realised surpluses or defiuts on disposals are credited to or charged against the Statement of Finanoal Adimties. Unrealised surpluses or delldts revaluation arè uediled or charged against the Statgment of FinancAal Activities. 1.7. Defined contrlbutlon p¢n$lon 8¢hemes Th8 pension costs charged in the financial statements repres8nt tho cg)nlribulion payabl• by Ihg arity during the year. 1.8. Leases Rentals payable under OF*rnting leages. where substantially all the risks rewards of ownershlp remain with the lessor. are charged to the Statement of Finan(aal A¢tiviiies on a strai9ht line basis. 1.9. Going Concevn The tharity suffered a loss for the yeof erK1ed 31 March 2022 vthhich was fijnded OLrt of cash reserv6s. Given the exceptional orcumstances last year kading to a one-off loss ol income. and thg unrestricled reserves of £147.687 remaining at yearond. the TrustÈe5 h8d COr￿luded that the chadty rgmoins a gosng concern and have sxgpared attwnts cffl that ba￿$. A$ mentioned in the Tntstees reW. slnce the year end tt￿ charity was notified that it was the beneficiary of a substarrtlal legacy V*thich will fvrther enatAe the chanty to restoo its finances and to expand a￿VIti8S for the bgngfit of pewe in Ealir#J. 18 Age UK Ealing (A Company ￿MIted by guaranÈe) Notes to the financial statements For the year ended 31 March 2022 DonationB and Iggaclos 2022 2021 Total funds Donalons and ￿ aKI d￿tiOnS qembership The 29th May 1961 CharIla￿e Trust The National Lotlery Community Fund CNonawru$ Commun¢ty SupFth Fund Viking Communty Assodatlon Franas Ihfinh8m Fourthlion Age UK London AGE UK National Emmanuel Hospitsl FLmd EairKJ Counral Coronavin￿ SUFWI Fund A2 Dominion Lond￿ CommuiNty Response FL Shanty Foundation Pathways Houslng Legacies 8.399 408 8.399 12.945 3.0 1.000 68,632 10.0 5.514 5,514 10.000 2,500 8.000 2,S21 62.027 10.CO) ,293 2,000 70,5 2,000 1.SOO 014 320 Charitsble activities 2021 Totsl lundg Total Other Grants Cty Brfdga Trust Ealing Coundl - Inf0math￿ & Njfvi The Nats'onal Lottery The Me[￿rS Company Gatffield Weston Frxjndation Florence Cohen Charila￿e trust The Edward 13)sUiro Foundab'on Day Centre seryices 3.610 2.030 50.853 50.853 53.947 116,200 116.200 128.319 40.873 40.873 8.333 25.0￿) 25.570 59. 180 25,570 280,439 221.259 184,296 Other tradlng actlvltle$ 2022 Total 2021 Funds Funds Other Tr*Jing Athwbes 2.919 62.919 13.880 19 Age UK Ealing (A Company limited by guarantee) Notes to the financial statements For the year ended 31 March 2022 Inv•$tmènt Incoma 2022 Totsl 2021 nds funds Bank Interest 37 37 187 Cost of Charltable Activities 20 rotsl funds nds Atl Agè UK A￿l¥it*S Salarfès Pension costs Other staff & volunte8r costs Premises Insurance Trav8llin9 8 sub>5ter Professional costs Cost oftrustees, mgethng Office DepradatlL Other costs Catering Materi￿$ 164,704 194.(￿5 12.201 2.206 15,849 126 358,769 330.787 20.857 19,776 7.432 7.401 43.BSS 58.453 10.012 9.170 453 274 39.172 27.159 176 49,655 $8,575 6.739 7,174 2.949 4.246 8,122 575 548 191 523 670 28.2L 283 7.108 176 16.674 6,739 1.2S9 7.496 32.781 1.690 626 Emplo￿aS 2022 2021 Employm•nt Costs Wages ajyl sdaries Soci81 Security Costs Pension costs Other Costs 334.Y6 308.469 23.825 22.318 20,858 19.776 7,419 7,401 Age UK Ealing (A Company limited by guarantee) Notes to the financial statements For the year ended 31 March 2022 Employees (Contlnu•d) No employee re¢*ved er￿)lUments of than £60,00012021". NM). No trustees h8Vt rtt*ved any rèmunerabffi. benefits or expenses from the charity12021.' NII) Number of employees The average weekly numbern of employees during the year. cakul*ed on Ihe basls of fvll fjme equivalents. was a5 folbws.. NUM￿15 Mumber5 CorelGCC Advice and Infomiatlon Day Servlcas Befriending Servi MÉrketing. Communicatton & Funthaisrng 15 13 Penslon Costs Thè charit8ti￿ ¢xmpany operates a defined contritryjtion pension scheme In respect of Ihe mployees. The schèmè Ènd it5 assets are hdd by independent managers. The penslon charg• prwnts ¢ontribubon$ due from the charTlable company and was as follo*s". Pertsion Charge Taxatlon The charivs acti￿tIeS fall vAthin the exemptions afforded ty the p￿slI)n$ of the Section 478 of thè Corporation Tax Acl 2010. A(%￿dIngly, there is no taxation charge in these financial statements. 21 Age UK Ealing (A Company limrted by guaran￿) Notes to the financlal statements For the year ended 31 March 2022 10. Tanglble Fixed Ass8ts FSxtures. Fltttngs and Equlpment Plant and IAachlnery Totsl Co A8 at 1 Awll 2021 8.850 104.379 Addltions 270 361 631 Dispos81s At 31 March 2022 9.120 105010 Accumulated Depreclatlon As at 1 Wil 2021 eé,471 74.124 Chwge forthe y 6,534 6,739 DSsposals At 31 March 2022 73,005 80.863 Net Book v￿￿* 31 Mw¢h 2022 Net Book Value 31 March 2W21 1.197 29.059 11. Flxed A88et Investments Valuati¢)n At 1 A￿￿1 2021 Revaluation At 31 March 2W22 321 768 sted irwestments are shares In Bardays PIC transferred from Age Concem Aclon on 31 Jan(wy 2004. Originally these were shares In Woolwth Bulk￿￿9 Soaety recave(I when the Company became pubjic, therefore the ￿storiC cost Is nll. Age UK Ealing (A Company limrted by guarantee) Notes to the financial statements For the year ended 31 March 2022 16 Analy$l$ of ngt assets betweon lunds Tot•1 Funds Funds Fund balan￿0 at 31 March 2022 as reprn8•nt•d by- Tangible Fixed assets Investments 8558ts Cuffent assets Current liabilltie$ 24.148 24,148 1.233 1,233 213.418 213.416 65,729 65,729 17 Unrostrlcted funds At1Awil In¢41mlng Trar* ￿InsarmI At31Marth 1088es 2022 D¢¥lgnal¢d tund$ Fixed Assets Greenford Communrty Cent Grew)ford Community Centre- lepioations Wo 30,255 84.5C (8,1071 24,148 6,350 3,150 9.500 121.105 (6.107) 3.150 118.148 Urwestricted funds 198,012 172.190 {275.4421 139.S19) 1321) 54.920 319 117 321 18 Restrlcted funds At 1 Awil hKomlnq CkngoSng Transl•r At 31 Mareh 2022 Cty Bridgè Trust The MerceTS company The Edward Gosdlng Foundation Age UK London Emmanuel Hospital fund Donation and other incom¢ EdiNJ Counal - Inlomation & Ad￿ce The National Lottery Community Support Fund 50.853 151.090} 8.333 18.333) (s.(￿) (5.5141 12.807) 126,403) 116.200 {125.6221 40,873 140.873) 237 5.514 307 26.403 9.422 266 642 24