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





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



## 

|Categories<br>|breakdown<br>for Informat|ion<br>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|||



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





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## 

||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
|||Notes|2021|2020|2021|2020|
||||E|E|E|E|
|Fixed Assets|||||||
|Tangible Assets<br>Investments||14<br>15|604,489<br>487,684|631,897<br>431,153|591,192<br>487,686|611,506<br>431,155|
|Current Assets|||1,092,173|1,063,050|1,078,878|1,042,660|
|Debtors<br>Cash at bank and in|hand|16|113,932<br>139,618|157,793<br>8,181|179,098<br>107,717|171,709<br>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<br>Restricted<br>Designated<br>Unrestricted||19<br>20<br>21|1,102,325<br>58,602<br>24,827<br>13,287|1,068,355<br>15,948<br>24,827<br>(95,256)|1,102,325<br>58,602<br>24,827<br>62,724|1,068,355<br>15,948<br>24,827<br>(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<br>ofbank loans|||||(1,380)|(5,649)|
|Net cash|(used in)/provided|by financing|||||
|activities|||||(1,380)|(5,649)|
|Net change<br>in cash and cash||equivalents|in||||
|the period|||||161,656|29,657|
|Reconciliation ofnet cash flow to|||||||
|movement<br>in net cash|||||||
|Movement<br>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<br>are|comprised|of:||||
||||||2021|2020|
||||||E|E|
|Cash at Bank|||||139,618|8,181|
|Overdraft|(see Note 17)|||||(30,219)|
||||||139,618|(22,038)|





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



|3)Charitable<br>Activities||Independence|Active|Total|Total|
|---|---|---|---|---|---|
|||Support|Age|2021|2020|
|||E|E|E|E|
|Activities income<br>Homecare<br>and Nailcare<br>Catering income<br>Grants receivable<br>Transport<br>income<br>Total income from charitable|activities|36,286<br>212,497<br>73,421<br>322,204|54,275<br>2,000<br>323,535<br>14,037<br>393,847|90,561<br>212,497<br>2,000<br>396,956<br>14,037<br>716,051|222,325<br>167,040<br>10,154<br>168,312<br>28,746<br>596,577|
|Analysis<br>by fund||||||
|Unrestricted<br>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<br>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<br>the shops to|uired<br>the shops to|uired<br>the shops to|cl|ose in line with|government<br>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<br>f|Agef|2021<br>E|2020<br>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<br>Active||Total|Total|
|||||Support<br>f<br>Age<br>f|Trading<br>f|2021<br>E|2020<br>f|
|Staff Costs||||3312<br>4,391||7,703|9,692|
|Depreciation||||8,734<br>11,579||20,313|20,313|
|Overheads<br>Audit fees|and generalrunning||costs|6,368<br>4,600<br>8,443<br>6,100|4,600|14,811<br>15,300|14,595<br>13,100|
|Accountancy||||6,425<br>8,518|8,200|23,143|22,936|
|Legal and Professional||||1,701<br>2,256||3,957|7,855|
|||||31,140<br>41,287|12,800|85,227|88,491|
|Total 2020||||27,953<br>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)<br>forthe year|11)Net income/(expenditure)<br>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|



|Staff|are allocated<br>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<br>Disposals|gain/(loss)|on investment|48,181<br>(24,191)|(73,765)<br>(36,145)|48,181<br>(24,191)|(73,765)<br>~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<br>Endowments|Permanent<br>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<br>Endowments|Permanent<br>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<br>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<br>Investments<br>Net current assets<br>Long term liabilities<br>TotalFunds||97,040<br>(83,754)<br>13,286|14,475<br>10,352<br>24,827|58,602<br>58,602|590,014<br>487,684<br>24,628<br>1,102,326|604,489<br>487,684<br>190,622<br>(83,754)<br>1,199,041|
|Comparative|Analysis ofNet Assets Between Funds||||||
|||Unrestricted|Designated|Restricted|Endowment|Total|
|Tangible assets<br>Investments<br>Net current assets<br>Long term liabilities<br>Total Funds||funds<br>E<br>2,201<br>(29,333)<br>18,574<br>(86,698)<br>(95,256)|funds<br>f<br>21,827<br>3,000<br>24,827|funds<br>E<br>15,948<br>15,948|funds<br>E<br>607,868<br>460,487<br>1,068,355|2020<br>E<br>631,896<br>431,154<br>37,522<br>(86,698)<br>1,013,874|



## 

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





## 

## 

|21)Net|Moveme|nt<br>in Unrestricte|d<br>Funds|||||
|---|---|---|---|---|---|---|---|
||||Balance at|Incoming|Resources||Balance at|
|Designated|Funds||2020f|Resources<br>f|Expended<br>f|Transfers<br>f|2021<br>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<br>Funds|||||
||||Balance at|Incoming|Resources||Balance at|
|Designated|Funds||2019<br>F.|Resources<br>f|Expended<br>f|Transfers<br>f|2020<br>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)|





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|27)Comparative<br>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<br>and legacies||62,728||||62,728|
|Charitable<br>activities||487,953||149,682||637,635|
|Generating<br>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<br>on:|||||||
|Raising funds||292,006|||893|292,899|
|Charitable<br>Activities||589,959||153,543||743,502|
|Total resources expended||881,965||153,543|893|1,036,401|
|Gain/(loss)<br>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<br>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|