Registered Charity no. 1100601 Registered Company no. 04826020
# **Middleton Elderly Aid (Company Limited by Guarantee)**
## **Trustees Annual Report and Accounts**
**Year Ended 31st March 2021**
## **Middleton Elderly Aid**
**Year Ended 31st March 2021**
## **Contents Page**
||**Page**|
|---|---|
|Legal and Administrative Information|**1**|
|Trustee's Annual Report|**2**|
|Independent Examiners Report|**5**|
|Statement of Financial Activities|**6**|
|Statement of Financial Position|**7**|
|Notes to the Financial Statements|**8**|
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Legal and Administrative Information**
## **Reference**
The Charity is called “Middleton Elderly Aid". The organisation is registered with the Charity Commission for England and Wales and Companies House, registered on the 9th July 2003.
**Registered Charity Number** 1100601 **Registered Company Number** 04826020 **Registered Office** 18 Middleton Park Road Middleton Leeds LS10 3ST
## **Website**
www.middletonelderlyaid.org.uk
## **The Trustees and Directors**
## **Primary Bankers**
## **Independent Examiner:**
Michael Wood Desmond Butler Andrew Myers _(resigned November 2019)_ Robin Silverwood Wayne Dixon Judith Blake Ada Bosomworth Patricia Webb Jean Weeks Claire Roberts Virgin Money Jubilee House Gosforth Newcastle upon Tyne NE3 4PL Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF
1
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Trustee's Annual Report**
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 9 July 2003. It is governed by a memorandum and articles of association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM. Casual vacancies for trustees are filled by the board throughout the year.
## **Objectives and activities**
## **The charity's objects**
The charitable company is established for:
The relief of the aged in the Middleton area of Leeds (the area of benefit) and in particular the relief of poverty and the protection of the good health of the aged;
The advancement of the education of the aged in the area of benefit in relation to financial, health, housing and welfare entitlements;
The advancement of the education of the public, and promotion of research concerning the needs of the elderly in relation to the provisions of fuel, heat and light, and the publication of the useful results of such research.
## **The charity's main activities**
Middleton Elderly Aid promotes independence amongst the over-60 population of the Middleton area through a range of activities and services, identifying and addressing social isolation amongst the over 60’s in Middleton, Leeds. Our aims are: Working with partners to prevent service users from hospital stays by signposting to local partnerships. Promoting safety and security in the home in partnership with West Yorkshire Police and other agencies.
Offering a social centre open 5 days per week, offering a warm lunch 4 days and many other services and activities. Identifying gaps in statutory and other voluntary services and meeting those gaps wherever possible in the light of the Charity’s finite resources, Promoting community partnerships within the defined geographical area.
Working to promote choice and empowerment amongst the identified client group. Carrying out research and consultation in order to operate a needs-led service, Routinely evaluating all aspects of the Charity’s work in order to promote best value at all times, Enabling and valuing volunteers by providing training, support and commitment to each of them as individuals and as part of a team, Working in a way that respects the individual’s right to equality, diversity and differences in race, gender, sexuality, religion, age, abilities, culture and political beliefs and valuing people – clients, carers, volunteers, colleagues, community members and citizens.
Offering a Community Charity shop open 5 days a week offering affordable items to the local community of all ages.
2
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Trustee's Annual Report**
## **Public benefit statement**
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular promoting independence and identifying and addressing social isolation amongst the over 60’s in Middleton, Leeds.
## **Achievements and performance**
The Charity has continued to build on its strengths over the financial year with an increase in both numbers of service users and the range of activities on offer. The activities take place both inside and outside of the centre. They are focused on reducing social isolation and increasing both mental and physical health.
The Charity has increased its Board membership with 5 service users out of a total of 9 members. The Board has also appointed a Treasurer. We have appointed a Chief Officer to clarify management responsibilities and to have clearer lines of accountability. The reorganisation is now complete and we have updated the majority of our policies and procedures and introduced new policies where they were lacking.
Due to the coroner virus pandemic the activities the charity was able to undertake were greatly effected. Activities and catering was tailored and changed so that services could still be run and service users reached during times of national lockdown and other covid-19 restrictions. Specific grant funding was receiving during the year in order to support service users during the pandemic.
## **Financial review**
The financial activity for the charity during the year was as follows:
||£|
|---|---|
|Total net income for the year|10,647|
|Net unrestricted income for the year|15,793|
|Net restricted expenditure for the year|(5,146)|
## **Reserves policy**
The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (the free reserves) held by the charity should be 6 months of running costs. The purpose of retaining this reserve is to enable the charity to continue to operate in situations such as a drop in income and also to enable an orderly winding up if the charity had to close. The charity's free reserves, excluding fixed assets, at the year end were £248,751.
The trustees acknowledge that actual reserves are in excess of the limit set out in the policy and are planning to invest funds in the extension of the building to improve the ability of the charity to meet the needs of its users.
3
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Trustee's Annual Report**
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts 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 the year.
In preparing these financial statements, the trustees are required to: select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
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 accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
## **Approved by the Trustees**
## **Name of Trustee:**
## Mike Wood
───────────────────────────────────────────────────
**Signed on behalf of the Trustees:**
───────────────────────────────────────────────────
## **Date of approval:**
## 11/09/2021
───────────────────────────────────────────────────
4
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Independent Examiners Report**
I report to the trustees on my examination of the financial statements of Middelton Elderly Aid ('the charity') for the year ended 31st March 2021.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Nigel Wyatt BSC FCA Date: 13/09/2021 Independent Examiner 125 Main Street Garforth Leeds LS25 1AF
5
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Statement of Financial Activities**
|**Statement of Financial Activities**||||||
|---|---|---|---|---|---|
||||**2021**||2020|
|||Unrestricted|Restricted|**Total**||
|||Funds|Funds|**Funds**|Total funds|
||**Note**|£|£|**£**|£|
|**Income**||||||
|Donations and legacies||21,731|25,821|**47,552**|15,833|
|Charitable activities|**2**|133,803|1,892|**135,695**|96,915|
|Trading Activities||21,749|-|**21,749**|165,143|
|Other||753|-|**753**|467|
|||──────────|──────────|──────────|──────────|
|**Total Income**||178,036|27,713|**205,750**|278,358|
|||──────────|──────────|──────────|──────────|
|**Expenditure**||||||
|Expenditure on charitable activities|**3**|162,244|32,859|**195,103**|286,621|
|||──────────|──────────|──────────|──────────|
|**Total Expenditure**||162,244|32,859|**195,103**|286,621|
|||──────────|──────────|──────────|──────────|
|||──────────|──────────|──────────|──────────|
|**Net income / (expenditure)**||15,793|(5,146)|**10,647**|(8,263)|
|||──────────|──────────|──────────|──────────|
|**Net income and net movement in funds**||||||
|Total funds brought forward|**11**|311,478|15,201|**326,679**|334,942|
|Transfers|**11**|-|-|**-**|-|
|||──────────|──────────|──────────|──────────|
|**Total funds carried forward**|**11**|327,271|10,055|**337,326**|326,679|
|||──────────|──────────|──────────|──────────|
All income and expenditure derive from continuing activities.
The statement is a combined Statement of Financial Activities and Income and Expenditure Account for the purposes of meeting both companies act and charity SORP reporting requirements.
6
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Statement of Financial Position**
|**Statement of Financial Position**||||
|---|---|---|---|
|||**2021**|2020|
||**Note**|**£**|£|
|**Fixed Asets**||||
|Tangible Assets|**8**|88,575|95,846|
|||──────────|──────────|
|||88,575|95,846|
|**Current assets**||||
|Debtors|**9**|6,386|6,386|
|Cash at bank and in hand||243,325|237,806|
|||──────────|──────────|
|||249,711|244,192|
|**Creditors: amounts falling due within one year**|**10**|960|13,359|
|||──────────|──────────|
|**Net current assets**||248,751|230,833|
|||──────────|──────────|
|**Net assets**|**12**|**337,326**|**326,679**|
|||──────────|──────────|
|**Funds of the charity**||||
|Restricted funds|**11**|10,055|15,201|
|Unrestricted funds||||
|Unrestricted General|**11**|327,271|311,478|
|||──────────|──────────|
|||327,271|311,478|
|||──────────|──────────|
|**Total charity funds**||**337,326**|**326,679**|
|||──────────|──────────|
## **Directors Responsibilities**
The Directors are satisfied that for the year ended on 31st March 2021 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner. The Directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These Financial Statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
## **Name of Trustee:**
## Mike Wood
───────────────────────────────────────────────────
## **Signed on behalf of the Trustees:**
───────────────────────────────────────────────────
## **Date of approval:**
## 11/09/2021
───────────────────────────────────────────────────
7
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **1 Accounting Policies**
## **Legal Status**
The Charity is a company limited by guarantee and has no share capital. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £10 per trustee.
## **Basis of Preparation**
The financial statements have been prepared in accordance with the Charities Statement of Recommended Practice (FRS 102), FRS 102, and the Companies Act 2006. After due consideration of available information about the future, the accounts have been prepared on a going concern basis.
The financial statements are prepared in sterling, which is the functional currency of the company.
Monetary amounts in these financial statements are rounded to the nearest £. The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are recognised at historical cost.
## **Assessment of Going Concern**
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
## **Fund Accounting**
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal, often know as a ‘special offering’ in the church.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
8
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **Incoming Resources**
All incoming resources are recognised once the charity has entitlement to the resources, it is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.
• All voluntary income from members of the church are recognised as donations and are included in full, with associated Gift Aid receivable in the Statement of Financial Activities.
• Grants where entitlement is not conditional on the delivery of specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.
• Income resources from charitable trading activities such as the letting of the building are accounted for when invoices are drawn up (as the point of entitlement).
• Donated services and facilities are included at the value to the charity where this can be quantified.
• Gifts in Kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
• Volunteer time, the value of voluntary support for the work of the charity is not included in the accounts but is described in the Trustees annual report.
• Investment Income is included in the accounts when receivable.
## **Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Governance Costs**
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
## **Liability Recognition**
Abilities are recognised as soon as there Is a legal or constructive obligation committing the charity to pay out resources.
## **Pensions**
The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
9
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **Tangible Fixed Assets**
Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on a all tangible assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Freehold Land nil Freehold Buildings 50 years Project and office equipment 3 years Furniture and fittings 5 years
## **Operating Leases**
Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.
## **Taxation**
The charity Is exempt from tax on its charitable activities.
## **Going concern**
The financial statements have been prepared on a going concern basis as the Trustees believes that no material uncertainties exist. The Trustees has considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
10
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
|**2 **|**Analysis of Income**||||
|---|---|---|---|---|
|||Unrestricted|Restricted|**Total Funds**|
|||Funds|Funds|**2021**|
|||£|£|**£**|
||**Donations and legacies**||||
||Donations & Fundraising|2,784|-|**2,784**|
||Grants|18,946|25,821|**44,768**|
|||──────────|──────────|──────────|
|||21,731|25,821|**47,552**|
||**Charitable activities**||||
||Service Provision Contracts|96,915|-|**96,915**|
||Social Activities Income|36,888|1,892|**38,780**|
|||──────────|──────────|──────────|
|||133,803|1,892|**135,695**|
||**Trading Activities**||||
||Retail Sales|21,749|-|**21,749**|
|||──────────|──────────|──────────|
|||21,749|-|**21,749**|
||**Investment income**||||
||Bank Interest|753|-|**753**|
|||──────────|──────────|──────────|
|||753|-|**753**|
|||──────────|──────────|──────────|
||**Total Income**|**178,036**|**27,713**|**205,750**|
|||──────────|──────────|──────────|
11
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2020**|
||£|£|**£**|
|**Donations and legacies**||||
|Donations & Fundraising|2,231|-|**2,231**|
|Grants|-|13,602|**13,602**|
||──────────|──────────|──────────|
||2,231|13,602|**15,833**|
|**Charitable activities**||||
|Service Provision Contracts|96,915|-|**96,915**|
||──────────|──────────|──────────|
||96,915|-|**96,915**|
|**Trading Activities**||||
|Retail Sales + Social Activities Income|165,143|-|**165,143**|
||──────────|──────────|──────────|
|**Investment income**||||
|Bank Interest|467|-|**467**|
||──────────|──────────|──────────|
||467|-|**467**|
||──────────|──────────|──────────|
|**Total Income**|**264,756**|**13,602**|**278,358**|
||──────────|──────────|──────────|
For the accounts year ending 31st March 2021 the income has been analysed by splitting Retail Sales and Social Activities income. This was not the case in the accounts year ending 31st March 2020 where Retail sales, social activities and other fundraising income were recorded jointly.
12
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
|**tes to the Financial Statements**|||
|---|---|---|
|**Grant Income Analysis**|||
||**2021**|2020|
||**£**|£|
|Brewin Dolphin|-|1,000|
|Covid-19 Job Retention Scheme|18,846|-|
|Greggs Foundation|-|1,000|
|Harrison Potter|2,000|3,000|
|Jaks|500|-|
|Leeds City Council Grants|12,662|1,852|
|Leeds Community Foundation|1,000|-|
|Lunch Clubs|1,892|-|
|Martin Lewis|5,000|-|
|National Lottery Garden Club|-|100|
|Neighbourly|400|-|
|Other Small Grants|1,967|-|
|St Luke's Community|-|250|
|Tesco Groundworks|500|-|
|Time To Shine|-|1,400|
|Wades|-|3,000|
|Windmill Transport|-|2,000|
||──────────|──────────|
||44,768|13,602|
||──────────|──────────|
During the year the charity received government grants through the Covid-19 job retention scheme. The total amount received during the year was £18,846. All conditions of the grants were met.
13
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **3 Expenditure on charitable activities by fund type**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2021**|
||£|£|**£**|
|Accommodation costs|21,439|2,244|**23,683**|
|Administration costs|5,260|6,060|**11,321**|
|Outside Services|5,400|-|**5,400**|
|Retail purchases and costs|1,329|-|**1,329**|
|Social Activities Costs|1,281|24,364|**25,645**|
|Staff Related Costs|133|190|**324**|
|Staff Salaries|127,019|-|**127,019**|
|Volunteer Related Costs|383|-|**383**|
||──────────|──────────|──────────|
||162,244|32,859|**195,103**|
||──────────|──────────|──────────|
||Unrestricted|Restricted|**Total Funds**|
||Funds|Funds|**2020**|
||£|£|**£**|
|Accommodation costs|26,547|-|**26,547**|
|Administration costs|18,581|1,000|**19,581**|
|Outside Services|-|-|**-**|
|Retail purchases and costs|5,522|-|**5,522**|
|Social Activities Costs|63,711|4,851|**68,562**|
|Staff Related Costs|2,440|-|**2,440**|
|Staff Salaries|161,291|-|**161,291**|
|Volunteer Related Costs|2,678|-|**2,678**|
||──────────|──────────|──────────|
||280,770|5,851|**286,621**|
||──────────|──────────|──────────|
## **4 Volunteers**
The charity benefits from the voluntary contributions of time and money in helping run the source and related activities during the year. Please refer to the trustee's report for further detail about volunteer contributions in the organisation.
## **5 Independent examination fees**
Fees payable to the independent examiner for:
|**Independent examination fees**
Fees payable to the independent examiner for:|||
|---|---|---|
||**2021**|2020|
||**£**|£|
|Independent examination and preparation of the financial
statements|960|1,080|
14
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **6 Staff costs**
The total staff costs and employee benefits for the reporting period are analysed as follows:
||**2021**|2020|
|---|---|---|
||**£**|£|
|Wages and salaries|116,220|151,140|
|Social security costs|6,622|5,042|
|Employer contributions to pension plans|4,177|5,109|
||──────────|──────────|
||127,019|161,291|
||──────────|──────────|
During the year the charity incurred redundancy costs of £2,601 (2020: £0). Redundancy costs are recognised in the year that the redundancy takes place.
The average head count of employees during the year was as follows:
||**2021**|2020|
|---|---|---|
|Number of staff members|9.5|12.5|
Number of employees who received benefits of more than £60,000 during the year was as follows:
||**2021**|2020|
|---|---|---|
|More than £60,000|0|0|
## **Key Management Personnel**
The Trustees consider that the Board of Trustees comprise as the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day to day basis.
## **7 Trustee remuneration, expenses and donations**
During the year no trustees were paid any expenses.
No trustee received any remuneration or benefit during this or the previous year.
15
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **8 Tangible assets**
||Furniture||Freehold|Freehold||
|---|---|---|---|---|---|
||and Fittings|Equipment|Property|Land|**Total**|
||£|£|£|£|**£**|
|Costs||||||
|At 1 April 2019|15,558|10,877|73,307|25,000|**124,742**|
|Additions|-|-|-|-|**-**|
||──────────|──────────|──────────|──────────|──────────|
|At 31 March 2020|15,558|10,877|73,307|25,000|**124,742**|
|Depreciation||||||
|At 1 April 2019|5,118|6,250|17,528|-|**28,896**|
|Additions|3,112|2,693|1,466|-|**7,271**|
||──────────|──────────|──────────|──────────|──────────|
|At 31 March 2020|8,230|8,943|18,994|-|**36,167**|
|Net Book Value||||||
||──────────|──────────|──────────|──────────|──────────|
|At 31 March 2020|**7,328**|**1,934**|**54,313**|**25,000**|**88,575**|
||──────────|──────────|──────────|──────────|──────────|
|At 1 April 2019|10,440|4,627|55,779|25,000|**95,846**|
|**Debtors**||||||
|||||**2021**|2020|
|||||**£**|£|
|Prepayments and accrued income||||6,386|6,386|
|||||──────────|──────────|
|||||6,386|6,386|
|||||──────────|──────────|
|**Creditors: amounts falling due within one year**||||||
|||||**2021**|2020|
|||||**£**|£|
|Trade Creditors||||-|-|
|Accruals and deferred income||||960|13,359|
|||||──────────|──────────|
|||||960|13,359|
|||||──────────|──────────|
## **9 Debtors**
## **10 Creditors: amounts falling due within one year**
16
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **11 Analysis of Charitable Funds**
## **Unrestricted Funds**
||1 Apr 20|Income|Expenditure|Transfers|**31 Mar 21**|
|---|---|---|---|---|---|
||£|£|£|£|**£**|
|**Unrestricted**||||||
|General|311,478|178,036|(162,244)|-|327,271|
||──────────|──────────|──────────|──────────|──────────|
|**Total Unrestricted**|**311,478**|**178,036**|**(162,244)**|**-**|**327,271**|
||──────────|──────────|──────────|──────────|──────────|
|**Restricted Funds**||||||
|Greggs|1,000|-|(1,000)|-|**-**|
|Harrison Potter|3,000|2,000|(3,062)|-|**1,938**|
|Jaks|-|500|(500)|-|**-**|
|Leeds Building Society|358|-|(358)|-|**(0)**|
|Leeds City Council HAP|-|200|(200)|-|**-**|
|Leeds City Council Covid-19|-|12,162|(6,590)|-|**5,572**|
|Leeds City Council Lunch Clubs
Grant|-|3,784|(3,784)|-|**-**|
|Leeds City Council Mice Grant|-|200|(145)|-|**55**|
|Leeds City Council Outreach Grant|1,770|-|(1,770)|-|**-**|
|Leeds Community Foundation|-|1,000|(1,000)|-|**-**|
|Martin Lewis|-|5,000|(5,000)|-|**-**|
|National Lottery|1,123|-|(1,123)|-|**-**|
|Neighbourly|-|400|(400)|-|**-**|
|Other imaterial funding pots|-|1,967|(1,967)|-|**-**|
|St Luke's walking group|144|-|(75)|-|**69**|
|Tesco|-|500|(500)|-|**-**|
|Time to Shine|1,304|-|(883)|-|**421**|
|Wades|2,650|-|(2,650)|-|**-**|
|Windmill Transport|2,000|-|-|-|**2,000**|
|Winter Wellbeing|1,852|-|(1,852)|-|**-**|
||──────────|──────────|──────────|──────────|──────────|
|**Total**|**15,201**|**27,713**|**(32,859)**|**-**|**10,055**|
||──────────|──────────|──────────|──────────|──────────|
|**Total Funds**||||||
||──────────|──────────|──────────|──────────|──────────|
|**Total**|**326,679**|**205,750**|**(195,103)**|**-**|**337,326**|
||──────────|──────────|──────────|──────────|──────────|
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## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **Fund Descriptions**
## **Restricted Funds**
Greggs Trip costs and fund for the Christmas party Harrison Potter Funds for the new client service user database Jaks Covid-19 response fund Leeds Building Society For tablets / computers / IT trainer Leeds City Council Funding for boxing day activities HAP Leeds City Council Covid-19 response fund Covid-19 Leeds City Council Funding for lunch club activities Lunch Clubs Grant Leeds City Council Funding for the walking group activities Mice Grant Leeds City Council For outreach work Outreach Grant Leeds Community Funding for lunch club activities Foundation Martin Lewis Covid-19 response fund National Lottery For the gardening project Neighbourly Covid-19 response fund Other imaterial funding Other small immaterial funds received during the year pots St Luke's walking For the walking group group Tesco Covid-19 response fund Time to Shine For the seasonal loneliness project Wades For the annual holiday deposit and a volunteers social event Windmill Transport Funding for trips and activity transport Winter Wellbeing For winter wellbeing activities
18
## **Middleton Elderly Aid**
## **Year Ended 31st March 2021**
## **Notes to the Financial Statements**
## **12 Analysis of net assets between funds**
||Unrestricted|Restricted|**Total**|
|---|---|---|---|
||Funds|Funds|**Funds 2021**|
||£|£|**£**|
|Fixed Assets|88,575|-|**88,575**|
|Current Assets|239,656|10,055|**249,711**|
|Creditors less than 1 year|(960)|-|**(960)**|
||──────────|──────────|
──────────|
||327,271|10,055|**337,326**|
||──────────|──────────|
──────────|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||£|£|£|
|Fixed Assets|95,846|-|95,846|
|Current Assets|228,991|15,201|244,192|
|Creditors less than 1 year|(13,359)|-|(13,359)|
||──────────|──────────|
──────────|
||311,478|15,201|326,679|
||──────────|──────────|
──────────|
## **13 Related party transactions**
There were no related party transactions which took place during the year (2020: £0).
## **14 Operating Lease**
The total future minimum lease payments under non-cancellable operating leases are as follows:
||**2021**|
|---|---|
||**£**|
|No later than 1 year|13,596|
|Later than 1 year but less than 5 years|54,384|
|Later than 5 years|53,251|
||──────────|
||**121,231**|
||──────────|
The operating lease is held for the charity's building premises.
19