| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 |
| Report ofthe Independent Auditors |
5 | to | S |
| Statement ofFinancial Activities |
|||
| Balance Sheet | 10 | to | 11 |
| Cash Flow Statement | 12 | ||
| Notes to the Cash Flow Statement | |||
| Notes to the Financial Statements | 14 | to | 25 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
302,734 | 151,405 | 454,139 | 658,634 | ||
| Other trading activities |
23,215 | 23,214 | 290,697 | |||
| Investment income |
6 | |||||
| Other income | 60,804 | 60,804 | 2,661 | |||
| Total | 386,753 | 151,404 | 538,157 | 951,998 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 83 | 83 | 13,515 | |||
| Charitable activities |
||||||
| Charitable Activities |
353,022 | 140,935 | 493,957 | 2,390,298 | ||
| Total | 353,022 | 141,018 | 494,040 | 2,403,813 | ||
| NET INCOME/(EXPENDITURE) | 33,731 | 10,3&6 | 44,117 | (1,451,815) | ||
| Transfers between funds |
19 | 291,094 | (291,094) | |||
| Net movement in funds |
324,825 | (280,708) | 44,117 | (1,451,815) | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
320,306 | 313,002 | 633,308 | 2,085,123 | ||
| TOTAL FUNDS CARRIED FORWARD | 645,131 | 32,294 | 677,425 | 633,308 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 13 | 26,630 | 26,630 | 718,428 | ||
| Investments | 14 | 115 | 115 | 115 | ||
| 26,745 | 26,745 | 718,543 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 15 | 33,330 | 33,330 | 354,815 | ||
| Cash at bank and in hand | 692,149 | 32,293 | 724,442 | 52,948 | ||
| 725,479 | 32,293 | 757,772 | 407,763 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 16 | (107,092) | 81,009 | (26,083) | (401,692) |
| NET CURRENT ASSETS | 618,387 | 113,302 | 731,689 | 6,071 | ||
| TOTAL ASSETS LESSCURRENT | ||||||
| LIABILITIES | 645,132 | 113,302 | 758,434 | 724,614 | ||
| CREDITORS | ||||||
| Amounts falling due after more than one year |
17 | (81,009) | (81,009) | (91,306) | ||
| NET ASSETS | 645,132 | 32,293 | 677,425 | 633,308 | ||
| FUNDS | 19 | |||||
| Unrestricted funds |
645,132 | 320,306 | ||||
| Restricted funds |
32,293 | 313,002 | ||||
| TOTAL FUNDS | 677,425 | 633,308 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated from operations |
300,759 | (56,683) | ||||
| Interest paid | (1,961) | (6,749) | ||||
| Net cash provided by/(used |
in) operating | activities | 298,798 | (63,432) | ||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed |
assets | (11,407) | (19,199) | |||
| Sale oftangible fixed assets |
700,000 | |||||
| Net cash provided by/(used |
in) investing | activities | 688,593 | (19,199) | ||
| Cash flows from financing | activities | |||||
| Loan repayments in year |
(317,600) | (22,400) | ||||
| Loan interest | 1,703 | 6,] 11 | ||||
| Net cash used in financing | activities | (315,897) | (16,289) | |||
| Change in cash and cash |
equivalents | in | ||||
| the reporting period |
671,494 | (98,920) | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting |
period | 52,948 | 151,868 | |||
| Cash and cash equivalents | at the end | of | ||||
| the reporting period |
724,442 | 52,948 |
| OPERATING ACTIVITI | ES | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Net income/(expenditure) | for the reporting | period (as per the | ||||
| Statement ofFinancial Activities) | 44,117 | (1,451,815) | ||||
| Adjustments for: |
||||||
| Depreciation charges |
3,204 | 28,512 | ||||
| Interest paid | 1,961 | 6,749 | ||||
| Impairment ofassets |
1,684,337 | |||||
| Decrease in stocks | 1,159 | |||||
| Decrease/(increase) in debtors |
307,645 | (334,871) | ||||
| (Decrease)/increase in creditors |
(56,168) | 9,246 | ||||
| Net cash provided by/(used |
in) operations | 300,759 | (56,683) | |||
| 2. | ANALYSIS OF CHANGES | IN NET (DEBT)/FUNDS |
| At 1.4.20 | Cash flow | At 31.3.21 | |||
|---|---|---|---|---|---|
| Net cash | |||||
| Cash at bank and in hand | 52,948 | 671,494 | 724,442 | ||
| 52,948 | 671,494 | 724,442 | |||
| Debt | |||||
| Debts falling due within | 1 year | (317,600) | 305,600 | (12,000) | |
| Debts falling due after | 1 | year | (91,306) | 10,297 | (81,009) |
| (408,906) | 315,897 | (93,009) | |||
| Total | (355,95&) | 987,391 | 631,433 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 2021 | 2020 | |
| Gifts | 13,840 | |
| Donations | 47,327 | 90,802 |
| Legacies | 8,913 | 319,750 |
| Grants | 384,059 | 217,541 |
| Admissions | 30,541 | |
| 454,139 | 658,634 |
| Grants over f10,000 | included abov |
e are as follows |
|---|---|---|
| Community Service |
186,835 | |
| Age UK TAM Exit Grant | 50,073 | |
| Grants - Other | 25,420 | |
| Coronavirus Funding |
12,000 | |
| Age UK Emergency | Funding | 45,533 |
| Age UK National Support |
15,250 | |
| National Lottery |
48,000 | |
| 383,110 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Fundraising | events | 2,027 | ||
| Shop income | 37 | 28,349 | ||
| Catering Income |
37,414 | |||
| Room Hire | 65,835 | |||
| Fundraising | - Collections | and Appeals | 234 | |
| Health and |
Fitness - Room Hire | 38,603 | ||
| Home Support - Private | Clients | 23,087 | 86,320 | |
| Sundry Income |
30,902 | |||
| Wheelchair | Hire | 90 | 1,013 | |
| 23,214 | 290,697 |
| 5. | INVESTMENT INCOME | INVESTMENT INCOME | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Investment - Dividend |
Received | ||||||
| 6. | RAISING FUNDS | ||||||
| Other trading activities |
|||||||
| 2021 | 2020 | ||||||
| Purchases | 83 | 13,515 | |||||
| 7. | CHARITABLE ACTIVITIES COSTS | ||||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costs | note 8) | Totals | |||||
| Charitable Activities |
376,471 | 117,486 | 493,957 | ||||
| 8. | SUPPORT COSTS | ||||||
| Governance | |||||||
| Management | Finance | costs | Totals | ||||
| Charitable Activities |
91,180 | 1,961 | 24,345 | 117,486 | |||
| 9. | NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated | after charging/(crediting): | |||||
| 2021 | 2020 | ||||||
| Auditors' remuneration |
9,090 | 8,842 | |||||
| Depreciation - owned assets |
24,310 | 28,513 | |||||
| 10. | TRUSTEES' REMUNERATION | AND | BENEFITS |
| No employee was paid in excess off60,000 per annum in 2021 or in 2020. |
No employee was paid in excess off60,000 per annum in 2021 or in 2020. |
No employee was paid in excess off60,000 per annum in 2021 or in 2020. |
|||
|---|---|---|---|---|---|
| 12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
626,768 | 31,866 | 658,634 | ||
| Other trading activities |
290,697 | 290,697 | |||
| Investment income |
6 | 6 | |||
| Other income | 2,661 | 2,661 | |||
| Total | 920,132 | 31,866 | 951,998 | ||
| EXPENDITURE ON | |||||
| Raising funds | 13,075 | 440 | 13,515 | ||
| Charitable activities |
|||||
| Charitable Activities |
680,915 | 1,709,383 | 2,390,298 | ||
| Total | 693,990 | 1,709,823 | 2,403,813 | ||
| NET INCOME/(EXPENDITURE) | 226,142 | (1,677,957) | (1,451,815) | ||
| Transfers between funds |
(272,189) | 272,189 | |||
| Net movement in funds |
(46,047) | (1,405,768) | (1,451,815) | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
366,353 | 1,718,770 | 2,085,123 | ||
| TOTAL FUNDS CARRIED FORWARD | 320,306 | 313,002 | 633,308 |
| Fixtures | |||||||
|---|---|---|---|---|---|---|---|
| Long | General | and | |||||
| leasehold | Equipment | fittings | Totals | ||||
| COST | |||||||
| At 1 April 2020 |
1,080,583 | 116,831 | 182,043 | 1,379,457 | |||
| Additions | 14,662 | 17,850 | 32,512 | ||||
| Disposals | (1,080,583) | (95,382) | (169,497) | (1,345,462) | |||
| At 31 March 2021 | 36,111 | 30,396 | 66,507 | ||||
| DEPRECIATION | |||||||
| At 1 April 2020 |
380,583 | 98,403 | 182,043 | 661,029 | |||
| Charge for year | 6,460 | 17,850 | 24,310 | ||||
| Eliminated on disposal |
(380,583) | (95,382) | (169,497) | (645,462) | |||
| At 31 March 2021 | 9,481 | 30,396 | 39,877 | ||||
| NET BOOK VALUE | |||||||
| At 31 March 2021 | 26,630 | 26,630 | |||||
| At 31 March 2020 | 700,000 | 18,428 | 71S,428 | ||||
| Land and buildings | were | held on a long leasehold | of 125years | ||||
| 14. | FIXEDASSET INVESTMENTS | ||||||
| Listed | |||||||
| investments | |||||||
| MARKET VALUE | |||||||
| At 1 April 2020 and |
31 March 2021 | 115 | |||||
| NET BOOK VALUE | |||||||
| At 31 March 2021 | 115 | ||||||
| At 31 March 2020 | 115 | ||||||
| There were no investment | assets outside the UK. |
| 15. | DEBTORS: | A | MOU | NTS FA | LLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Trade debtors | 12,185 | 13,356 | |||||
| Prepayments | and accrued income | 21,145 | 341,459 | ||||
| 33,330 | 354,815 | ||||||
| 16. | CREDITORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | ||||||
| Other loans (see note | 18) | 12,000 | 317,600 | ||||
| Trade creditors | 739 | 23,516 | |||||
| Social security | and other taxes | 5,226 | 7,274 | ||||
| Hull and East | Riding | Trading | Ltd | (13,840) | 3,889 | ||
| Accruals and |
deferred | income | 21,958 | 49,413 | |||
| 26,083 | 401,692 |
| CRE | DITO | RS: | AMO | UNTS FALLING DUE AFTER | MORE THAN ONE YEAR | |
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Other | loans | (see | note | 18) | 81,009 | 91,306 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Amounts falling due within |
one year on demand: | |||
| Other loans | 12,000 | 317,600 | ||
| Amounts falling between |
one and two years: | |||
| Other loans - 1-2years | 24,000 | 24,000 | ||
| Amounts falling due between |
two and five years: | |||
| Other loans - 2-5 years | 57,009 | 67,306 |
| MOVEMENT IN FUNDS |
|||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.20 | in funds | funds | 31.3.21 | ||
| Unrestricted funds |
|||||
| General fund |
314,098 | (254,056) | 245,413 | 305,455 | |
| Advocacy | 27,098 | 264 | (24,439) | 2,923 | |
| Day Opportunities | (21,731) | 752 | 26,754 | 5,775 | |
| Home Support | (9,272) | (14,700) | 23,972 | ||
| Benefits Advice | 21,916 | 5,027 | (26,943) | ||
| Health and Fitness | (33,065) | (9,120) | 42,185 | ||
| Falls Prevention | 22,955 | 22,865 | (13,607) | 32,213 | |
| Fundraising | 4,313 | (4,313) | |||
| NHS Hull CCG | (117) | 117 | |||
| East Riding | 2,957 | 295,809 | 298,766 | ||
| Catering | (18,404) | (7,210) | 25,614 | ||
| Retail | 9,558 | (5,899) | (3,659) | ||
| 320,306 | 33,732 | 291,094 | 645,132 | ||
| Restricted funds |
|||||
| Building Fund |
291,094 | (291,094) | |||
| Ministry ofDefence | 3,547 | (3,547) | |||
| Two Ridings | 416 | (40) | 376 | ||
| Lottery Fund | 4,537 | 4,537 | |||
| Age UK Lottery | 13,408 | 10,029 | 23,437 | ||
| Age UK COVID 19Emergency | Activities | 3,943 | 3,943 | ||
| 313,002 | 10,385 | (291,094) | 32,293 | ||
| TOTAL FUNDS | 633,308 | 44,117 | 677,425 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund |
(140,124) | (113,932) | (254,056) | |
| Advocacy | 36,263 | (35,999) | 264 | |
| Day Opportunities | 36,088 | (35,336) | 752 | |
| Home Support | 52,177 | (66,877) | (14,700) | |
| Benefits Advice | 28,990 | (23,963) | 5,027 | |
| Health and Fitness |
13,777 | (22,897) | (9,120) | |
| Falls Prevention | 49,486 | (26,621) | 22,865 | |
| East Riding | 297,500 | (1,691) | 295,809 | |
| Catering | 10,772 | (17,982) | (7,210) | |
| Retail | 1,824 | (7,723) | (5,899) | |
| 386,753 | (353,021) | 33,732 | ||
| Restricted funds |
||||
| Ministry ofDefence | (3,547) | (3,547) | ||
| Two Ridings | 10,042 | (10,082) | (40) | |
| Lottery Fund | 48,000 | (48,000) | ||
| Age UK Lottery | 10,037 | (8) | 10,029 | |
| COVID Support | 12,814 | (12,814) | ||
| Age UK COVID 19Emergency | Activities | 45,531 | (41,588) | 3,943 |
| Rank Foundation | 24,980 | (24,980) | ||
| 151,404 | (141,019) | 10,385 | ||
| TOTAL FUNDS | 538,157 | (494,040) | 44,117 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.4.19 | in funds | funds | 31.3.20 | |
| Unrestricted funds |
||||
| General fund |
377,206 | 209,081 | (272,189) | 314,098 |
| Advocacy | 18,778 | 8,320 | 27,098 | |
| Day Opportunities | (26,763) | 5,032 | (21,731) | |
| Home Support | (12,772) | 3,500 | (9,272) | |
| Benefits Advice | 15,511 | 6,405 | 21,916 | |
| Health and Fitness |
(16,732) | (16,333) | (33,065) | |
| Falls Prevention | 1,842 | 21,113 | 22,955 | |
| Fundraising | 2,219 | 2,094 | 4,313 | |
| NHS Hull CCG | 3,191 | (3,308) | (117) | |
| East Riding | 3,873 | (916) | 2,957 | |
| Catering | (18,404) | (18,404) | ||
| Retail | 9,558 | 9,558 | ||
| 366,353 | 226,142 | (272,189) | 320,306 | |
| Restricted funds |
||||
| Building Fund |
1,710,112 | (1,691,207) | 272,189 | 291,094 |
| Ministry ofDefence | 8,658 | (5, 1 1I) | 3,547 | |
| Two Ridings | 416 | 416 | ||
| Lottery Fund | 4,537 | 4,537 | ||
| Age UK Lottery | 13,408 | 13,408 | ||
| 1,718,770 | (1,677,957) | 272,189 | 313,002 | |
| TOTAL FUNDS | 2,085,123 | (1,451,815) | 633,308 |
| Comparative net movement |
in funds, included | in the above are as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund |
516,924 | (307,843) | 209,081 | |
| Advocacy | 35,897 | (27,577) | 8,320 | |
| Day Opportunities | 65,107 | (60,075) | 5,032 | |
| Home Support | 87,080 | (83,580) | 3,500 | |
| Benefits Advice | 31,238 | (24,833) | 6,405 | |
| Health and Fitness | 39,450 | (55,783) | (16,333) | |
| Falls Prevention | 53,872 | (32,759) | 21,113 | |
| Fundraising | 2,646 | (552) | 2,094 | |
| NHS Hull CCG | 21,077 | (24,385) | (3,308) | |
| East Riding | 373 | (1,289) | (916) | |
| Catering | 37,837 | (56,241) | (18,404) | |
| Retail | 28,631 | (19,073) | 9,558 | |
| 920,132 | (693,990) | 226,142 | ||
| Restricted funds |
||||
| Building Fund | (1,691,207) | (1,691,207) | ||
| Ministry ofDefence | (5,11]) | (5, 1 1 1) | ||
| Two Ridings | 6,667 | (6,251) | 416 | |
| Community Safety |
1,791 | (1,791) | ||
| Lottery Fund | 10,000 | (5,463) | 4,537 | |
| Age VK Lottery | 13,408 | 13,408 | ||
| 31,866 | (1,709,823) | (1,677,957) | ||
| TOTAL FUNDS | 951,998 | (2,403,813) | (1,451,815) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4,19 | in funds | funds | 31.3.21 | ||
| Unrestricted funds |
|||||
| General fund |
377,206 | (44,975) | (26,776) | 305,455 | |
| Advocacy | 18,778 | 8,584 | (24,439) | 2,923 | |
| Day Opportunities | (26,763) | 5,784 | 26,754 | 5,775 | |
| Home Support | (12,772) | (11,200) | 23,972 | ||
| Benefits Advice | 15,511 | 11,432 | (26,943) | ||
| Health and Fitness |
(16,732) | (25,453) | 42,185 | ||
| Falls Prevention | 1,842 | 43,978 | (13,607) | 32,213 | |
| Fundraising | 2,219 | 2,094 | (4,313) | ||
| NHS Hull CCG | 3,191 | (3,308) | 117 | ||
| East Riding | 3,873 | 294,893 | 298,766 | ||
| Catering | (25,614) | 25,614 | |||
| Retail | 3,659 | (3,659) | |||
| 366,353 | 259,874 | 18,905 | 645,132 | ||
| Restricted funds |
|||||
| Building Fund |
1,710,112 | (1,691,207) | (18,905) | ||
| Ministry ofDefence | 8,658 | (8,658) | |||
| Two Ridings | 376 | 376 | |||
| Lottery Fund | 4,537 | 4,537 | |||
| Age UK Lottery | 23,437 | 23,437 | |||
| Age UK COVID 19Emergency | Activities | 3,943 | 3,943 | ||
| 1,718,770 | (1,667,572) | (18,905) | 32,293 | ||
| TOTAL FUNDS | 2,085,123 | (1,407,698) | 677,425 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund |
376,800 | (421,775) | (44,975) | |
| Advocacy | 72,160 | (63,576) | 8,584 | |
| Day Opportunities | 101,195 | (95,411) | 5,784 | |
| Home Support | 139,257 | (150,457) | (11,200) | |
| Benefits Advice | 60,228 | (48,796) | 11,432 | |
| Health and Fitness |
53,227 | (78,680) | (25,453) | |
| Falls Prevention | 103,358 | (59,380) | 43,978 | |
| Fundraising | 2,646 | (552) | 2,094 | |
| NHS Hull CCG | 21,077 | (24,385) | (3,308) | |
| East Riding | 297,873 | (2,980) | 294,893 | |
| Catering | 48,609 | (74,223) | (25,614) | |
| Retail | 30,455 | (26,796) | 3,659 | |
| 1,306,885 | (1,047,011) | 259,874 | ||
| Restricted funds |
||||
| Building Fund |
(1,691,207) | (1,691,207) | ||
| Ministry ofDefence | (8,658) | (8,658) | ||
| Two Ridings | 16,709 | (16,333) | 376 | |
| Community Safety |
1,791 | (1,79]) | ||
| Lottery Fund | 58,000 | (53,463) | 4,537 | |
| Age UK Lottery | 23,445 | (8) | 23,437 | |
| COY ID Support | 12,814 | (12,814) | ||
| Age UK COVID 19Emergency | Activities | 45,531 | (41,588) | 3,943 |
| Rank Foundation | 24,980 | (24,980) | ||
| 183,270 | (1,850,842) | (1,667,572) | ||
| TOTAL FUNDS | 1,490,155 | (2,897,853) | (1,407,698) |