2021-03-31-accounts - Age Concern (Eastbourne Number 2) Limited

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			Page
Reference and Administrative		Details
Chair's Statement
Trustees' Report			3 —18
Independent Auditor's	Report		19—21
Consolidated Statement	of Financial Activities		22
Balance Sheets			23
Consolidated Cashflow	Statement		24
Notes tothe Financial	Statements		25-40

costs ofa long	-term he	a	lth conditi	on or disabili	ty. SeeTable
TABLE A
Home Visits
Appointments	at Venton		Centre		75
Attendance Allowance		Received			6227,560
Personal Independence			Payments	Received	635,567
Total Benefits	Received				6263,127

Categories	breakdown for Informat	ion and Advice
Issue		Number ofClients
Residential	Care	10
Health &disability		80
Adult Social	Care	44
Legal Advice		57
Benefits		103
Finance/Debt		33

Housing		13
Consumer	issue	34
Employment
Seams
Family and	Personal	28
Blue Badge		28
TOTAL

		Forth	e year ended 3	1 March 2021
						Total	Torsi
		Unrestricted	Designated	Restricted	Endowment	Funds	Funds
Note INCOME AND EXPENDITURE		Funds 6	Funds f	Funds E	Funds f	2021 E	2020f
Income and endowments Donations and legacies Charitable activities Generating funds Investments Other income	from: 2 3 4 5 6	24,515 476,052 221,131 2,501		100 239,999 1,166 1,166	9,413	24,615 716,051 222,297 9,413 3,667	62,728 596,577 439,213 9,644 1,901
Total Income and Endowments		724,199		242,431	9,413	976,043	1,110,063
Expenditure on: Raising funds	7	235,404		1,014	1,063	237,481	292,899
Charitable Activities	8	400,305		201,271		601,576	743,502
Tote Iresources expended		635,709		202,285	1,063	839,057	1,036,401
Gain/(loss) on revaluation investments	of				48,181	48,181	(75,548)
Net In«erne/(Expenditure)		88,490		40,146	56,531	185,167	(1,886)
Gross transfers between	20/
funds	21	20,053		2,508	(22,561
Net Movement in funds for the year		108,543		42,654	33,970	185,167	(1,886)
Net funds at 1April 2020 Net funds at 31 March 2021		(95,256) 13,287	24,827 24,827	15,948 58,602	1,068,355 1,102,325	1,013,874 1,199,041	1,015,760 1,013,874

			Group	Group	Charity	Charity
		Notes	2021	2020	2021	2020
			E	E	E	E
Fixed Assets
Tangible Assets Investments		14 15	604,489 487,684	631,897 431,153	591,192 487,686	611,506 431,155
Current Assets			1,092,173	1,063,050	1,078,878	1,042,660
Debtors Cash at bank and in	hand	16	113,932 139,618	157,793 8,181	179,098 107,717	171,709 753
			253,550	165,974	286,815	172,462
Creditors: Amounts	falling due within one year	17	(62,928)	(128,452)	(37,986)	(83,795)
Net Current Assets			190,622	37,522	248,829	88,667
Total Assets Less Current Liabilities			1,282,795	1,100,572	1,327,707	1,131,327
Creditors: Amounts	falling due after more
than one year		18	(83,754)	(86,698)	(79,229)	(80,447)
Total Assets Less Liabilities			1.199,D41	1,013,874	1,248,478	1,09D880
Funds
Endowment Restricted Designated Unrestricted		19 20 21	1,102,325 58,602 24,827 13,287	1,068,355 15,948 24,827 (95,256)	1,102,325 58,602 24,827 62,724	1,068,355 15,948 24,827 (58,250)
			1,199,041	1,013,874	1,248,478	1,050,880

					Year Ended 31March	Year Ended 31March
				Notes	2021	2020
						E
Net cash	(used by)/provided	by operating
activities				23	157,944	32,975
Purchase	offixed assets					(7,313)
Loss on disposal ofinvestments					(4,321)
Interest	received				9,413	9,644
Net cash	(used in)/provided	by investing
activities					5,092	2 331
Repayment ofbank loans					(1,380)	(5,649)
Net cash	(used in)/provided	by financing
activities					(1,380)	(5,649)
Net change in cash and cash		equivalents	in
the period					161,656	29,657
Reconciliation ofnet cash flow to
movement in net cash
Movement in net cash in the		period			161,656	29,657
Net cash	and cash equivalents	brought
forward					(22,038)	(51,695
Net cash	and cash equivalents	carried
forward					139,618	(22,038)
Cash and	cash equivalents are	comprised	of:
					2021	2020
					E	E
Cash at Bank					139,618	8,181
Overdraft	(see Note 17)					(30,219)
					139,618	(22,038)

onations and Legacies
	Unrestd cted	Designated	Restricted	Total	Total
	Funds	Funds	Funds	2021	2020
	E	E	E	E	E
Donations and Gifts Legacies Receivable	6,379 18,136		100	6,479 18,136	61,056 1,672
	24,515		100	24,615	62,728

3)Charitable Activities		Independence	Active	Total	Total
		Support	Age	2021	2020
		E	E	E	E
Activities income Homecare and Nailcare Catering income Grants receivable Transport income Total income from charitable	activities	36,286 212,497 73,421 322,204	54,275 2,000 323,535 14,037 393,847	90,561 212,497 2,000 396,956 14,037 716,051	222,325 167,040 10,154 168,312 28,746 596,577
Analysis by fund
Unrestricted funds		292,936	183,116	476,052
Restricted funds		29,268	210,731	239,999
		322,204	393,847	716,051

4)Generating	Funds	Funds			Unrestricted	Designated	Restricted	Total	Total
					Funds	Funds	Funds	2021	2020
					E	E	E	E	E
Fundraising Trading	and		other	charity	4,557		1,166	5,723	52,089
Retail shop sales		—subsidiary			216,574			216,574	346,066
					221,131		1,166	222,297	398,155

				Total
				2021
				E
Turnover				216,574
Expenditure				(228,962)
(Loss)/Profit	for	the	year	(12,388)

uired the shops to	uired the shops to	uired the shops to	cl	ose in line with	government guid	elines.
5)Investments					Unrestricted	Restricted	Endowment	Total	Total
					Funds	Funds	Funds	2021	2020
					E	f	6	E	f
Income from		listed	investments
Income from		unlisted		investments			2,369	2,369	2,793
Interest receivable							7,044	7,044	6,851
							9,413	9,413	9,644
6)Other Income					Unrestricted	Restricted	Endowment	Total	Total
					Funds	Funds	Funds	2021	2020
					E	E	E	f	E
Other income					2,501	1,166		3,667	1,901
					2,501	1,166		3,667	1,901
7)Raising	Funds				Unrestricted	Restricted	Endowment	Total	Total
					Funds	Funds	Funds	2021	2020
					f	f	E	E	E
Costs of eneratin				donations
Staff costs					6,062	1,014		7,076	7,645
Othercosts					381			381	1,133
					6,443	1,014		7,457	8,778
Fundraisin		Tradin		-subsidia
Operating	charity		shops		92,798			92,798	111,037
Staff costs					116,269			116,269	153p276
Depreciation		and	impairment		7,094			7,094	5,515
Support costs					12,800			12,800	13,400
					228,961			228,961	283,228
Investment		mana	ement				1,063	1,063	893
					235,404	1,014	1,063	237,481	292,899

8)Charitable	Activities			Independence	Active	Total	Total
				Support f	Agef	2021 E	2020 E
Staff Costs				205,680	198,885	404,565	491,826
Other Costs				21,829	102,755	124,584	176,585
Support Costs				31,140	41,287	72,427	75,091
Totalincome	from charitable	activities		258,649	342,927	601,576	743,502
Total 2020				276,778	466,724	743,502
9)Support	Costs			Independence Active		Total	Total
				Support f Age f	Trading f	2021 E	2020 f
Staff Costs				3312 4,391		7,703	9,692
Depreciation				8,734 11,579		20,313	20,313
Overheads Audit fees	and generalrunning		costs	6,368 4,600 8,443 6,100	4,600	14,811 15,300	14,595 13,100
Accountancy				6,425 8,518	8,200	23,143	22,936
Legal and Professional				1,701 2,256		3,957	7,855
				31,140 41,287	12,800	85,227	88,491
Total 2020				27,953 47,138	13,400	88,491

						2021	2020
						E	E
Age Concern (Eastbourne	Number	2) Limited's	individual	surplus/(deficit)	for the
financialyear						197,555	(64,724)

11)Net income/(expenditure) forthe year	11)Net income/(expenditure) forthe year
This is stated after charging:			2021	2020
			E	E
Depreciation offixed assets			27,407	25,828
Auditors'	remuneration
-For Audit Fees			13,920	11,370
-For Other Services			1,800	1,730
Operating	lease payments		60,687	61,963
12)Staff Costs
		Group	Group	Charity	Charity
The aggregate	payroll costs were:	2021	2020	2021	2020
		E	E	E	E
Wages and Salaries		491,229	608,589	384,872	469,626
Socia I Security	Costs	28,187	35,518	22,580	26,676
Pension Costs		16,197	18,148	11,892	12,644
		535,613	662,255	419,344	508,946

are allocated as follows:	2021	2020
- Retail shops (subsidiary)	7.5	8
-Venton Centre (charity)	27	31
Total	34.5

	Land and	Computer	Fixtures,	Motor
	Buildings	Equipment	Fittings &	Vehicles
GROUP			Equipment		Total
					E
Cost
At 1April 2020	947,476	32,259	148,582	50,658	1,178,975
Additions
Disposals	(47,445)		(40,177)		(87,622)
At31March 2021	900,031	32,259	108,405	50,658	1,091,353
Depreciation
At 1April 2020	332,976	32,259	139,363	42,480	547,078
Charge forthe year	20,580		3,853	2,974	27,407
Disposals	(47,445)		(40,176)		(87,621)
At 31March 2021	306,111	32,259	103,040	45,454	486,864
Net BookValue
At 31March 2021	593,920		5,364	5,204	604,489
At 31March 2020	614,500		9,219	8,178	631,897
	Land and	Computer	Fixtures,	Motor
	Buildings	Equipment	Fittings Ik	Vehicles
CHARITY			Equipment		Total
			E		E
Cost
At 1April 2020	892,718	32,259	110,252	32,768	1,067,997
Additions
Disposals			(34,239)		(34,239)
At 31March 2021	892,718	32,259	76,013	32,768	1,033,758
Depreciation
At 1April 2020	284,850	32,259	106,614	32,768	456,491
Charge forthe year	17,854		2,460		20,314
Disposals			(34,239)		(34,239)
At 31March 2021	302,704	32,259	74,835	32,768	442,566
Net BookValue
At31March 2021	590,014		1,178		591,192
At31March 2020	607,868		3,638		611,506

		Age	Concern (Eastbourne	Number 2) Limited
			Notes tothe Financial Statements
			Forthe year ended	31March 2021
15)Investments			Group	Group	Charity	Charity
			2021	2020	2021	2020
			E	E	E	E
Market value brought		forward	431,154	497,952	431,154	497,952
Additions			32,540	43,111	32,540	43,111
Unrealised Disposals	gain/(loss)	on investment	48,181 (24,191)	(73,765) (36,145)	48,181 (24,191)	(73,765) ~86.145)
At 31March 2021			487,684	431,153	487,684	431,153

16)Debtors			Group	Group	Charity	Charity
			2021	2020	2021	2020
			E	E	E	E
Trade debtors			50,999	78,630	31,217	20,412
Other debtors			61,823	67,644	60,797	67,000
Inter Company	balance				87,084	80,304
Prepayments	and accrued income		1,110	11,519		3,993
			113,932	157,793	179,098	171,709
17)Creditors:	Amounts	falling due within one year
			Group	Group	Charity	Charity
			2021	2020	2021	2020
			E	E	E	E
Bankloans			5,902	6,062	5,902	6,062
Bank Overdraft				30,219		30,219
Other taxation	and social security		6,724	19,882	4,904	14,777
Trade creditors			26,080	50,391	12,393	20,490
Accruals and deferred		income	24,222	21,897	14,787	12,247
			62,928	128,452	37,986	83,795
18)Creditors:	Amounts	falling due in more than one year
			Group	Group	Charity	Charity
			2021	2020	2021	2020
			6	E	E	E
Bankloans			79,229	80,447	79,229	80,447
Finance leases			4,525	6,251
			83,754	86,698	79,229	80,447

Permanent Endowments	Permanent Endowments			Balance at					Balance at
				2020	Income	Expenditure	Revaluations	Transfers	2021
Venton Endowment	investment		fund	460,487	9,413	(1,063)	48,181	(4,707)	512,311
Venton Endowment	property	fund		607,868				(17,854)	590,014
				1,068,355	9,413	(1,063)	48,181	(22,561)	1,102,325

Permanent Endowments	Permanent Endowments			Balance at					Balance at
				2019	Inrome	Expenditure	Revaluations	Transfers	2020
Venton Endowment	investment		fund	532,106	9,644	(893)	(75,548)	(4,822)	460,487
Venton Endowment	property	fund		625,722				(17,854)	607,868
				1,157,828		(893)	(75,548)	(22,676)	1,068,355

		Balance				Balance
		at 2O2O	Income	Expenditure	Transfers	at 2021
Home from Hospital		5,741	(3,442)			2,299
Welfare Rights		191	283			474
Eastbourne Shed Project		10,016	53,946			63,962
ESCC —Emergency	Fund		30,000	(31,490)	1,490
Lottery —Covid 19			55,383	(56,395)	1,012
Sussex Community	Foundation		4,300	(4,306)	6
DWBL			2,994	(2,994)
Reaching Communities			90,665	(99,312)		(8,647)
SCDA			8,302	(7,788)		514
		15,948	242,431	(202,285)	2,508	58,602

		Balance				Balance
		at 2019	Income	Expenditure	Transfers	at 2020
Befriending	—Henry Smith			(2,800)	2,800
Home from	Hospital	200	25,994	(20,453)		5,741
Welfare Rights			13,415	(13,224)		191
Eastbourne	Shed Project	16,127	110,955	(117,066)		10,016
		16,327	150,364	(153,543)	2,800	15,948

		Unrestricted	Designated	Restricted	Endowment	Total
		funds	funds	funds	funds	2021
		E	E	E	f
Tangible assets Investments Net current assets Long term liabilities TotalFunds		97,040 (83,754) 13,286	14,475 10,352 24,827	58,602 58,602	590,014 487,684 24,628 1,102,326	604,489 487,684 190,622 (83,754) 1,199,041
Comparative	Analysis ofNet Assets Between Funds
		Unrestricted	Designated	Restricted	Endowment	Total
Tangible assets Investments Net current assets Long term liabilities Total Funds		funds E 2,201 (29,333) 18,574 (86,698) (95,256)	funds f 21,827 3,000 24,827	funds E 15,948 15,948	funds E 607,868 460,487 1,068,355	2020 E 631,896 431,154 37,522 (86,698) 1,013,874

ation of Net Income from Operating	Activiti	es to Net Cas	h Flows
			2021	2020
			f	E
Net surplus/(deficit) forthe reporting Investment income Loss on disposal of investment Depreciation Losses/(Gain) on investments Decrease/(Increase) in debtors (Decrease)/Increase in creditors and	period provisions		185,167 (9,413) 4,321 27,407 (56,530) 43,861 (36,869)	(1,886) (9,644) 25,828 66,796 (6,451) (41,668)
Net cash (used by)/provided from operating		activities	157,944	32,975

21)Net	Moveme	nt in Unrestricte	d Funds
			Balance at	Incoming	Resources		Balance at
Designated	Funds		2020f	Resources f	Expended f	Transfers f	2021 f
Fixed Asset	Funds		21,827				21,827
Other Funds			3,000				3,000
			24,827				24,827
General Unrestricted		Funds	(95,256)	724,199	(635,709)	20,053	13,287
			(70,429)	724,199	(635,709)	20,053	38,114
Comparative		Net Movement	in Unrestricted Funds
			Balance at	Incoming	Resources		Balance at
Designated	Funds		2019 F.	Resources f	Expended f	Transfers f	2020 f
Fixed Asset	Funds		21,827				21,827
Other Funds			3,000				3,000
			24,827				24,827
General Unrestricted		Funds	(183,222)	950,056	(881,966)	19,876	(95,256)
			(158,395)	950,056	(881,966)	19,876	(70,429)

27)Comparative Fund a	nd SOFA B	alances
						Total
		Unrestricted	Designated	Restricted	Endowment	Funds Year
		Funds	Funds	Funds	Funds	Ended
						2020
INCOME AND EXPENDITURE			6	E		E
Income and endowments	from:
Donations and legacies		62,728				62,728
Charitable activities		487,953		149,682		637,635
Generating funds		397,473		682		398,155
Investments					9,644	9,644
Other income		1,901				1,901
Total Income and Endowments		950,055		150,364	9,644	1,110,063
Expenditure on:
Raising funds		292,006			893	292,899
Charitable Activities		589,959		153,543		743,502
Total resources expended		881,965		153,543	893	1,036,401
Gain/(loss) on revaluation	of
investments					(75,548)	(75,548)
Net Income/(Expenditure)		68,090		(3,179)	(66,797)	(1,886)
Gross transfers between funds		19,876		2,800	(22,676)
Net Movement in funds for the year		87,966		(379)	(89,473)	(1,886)
Net funds at1April 2019		(183,222)	24,827	16,327	1,157,828	1,015,760
Net funds at 31March 2020		(95,256)	24,827	15,948	1,068,355	1,013,874