Charity registration number 1102020 (England and Wales) Company registration number 05013745 AGE UK CALDERDALE & KIRKLEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
AGE UK CALDERDALE & KIRKLEES LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr E R Boulton Mr P M Spark Mr C Young Mrs PAndrewartha Mr M Patel Anthony Morris Leanne Gibson Nicholas Tarren Senior management R Horner Chief Execulive Officer Charlty number 1102020 Company number 05013745 Reglstered offlce 4- 6 Square Halifax West Yorkshire HX1 1RJ Audltor BK Plus Audit Limiled 52 St Johns Lane Halifax West Yorkshir8 England HX128W
AGE UK CALDERDALE & KIRKLEES CONTENTS Page Trustees, report Statement of trustees, responsibilities Independ8nt auditor's report 8-11 Statement of financial activities 12-13 Balance sheet 14 Slatem8nl of cash flows 15 Notes to the financlal statements 16-30
AGE UK CALDERDALE & KIRKLEES TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustee, who are directors for the purposes of company law, present the annual report together with the financial stalement of the charitable group for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102> (effective 1 January 2019). REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 05013745 (England and Wales) Registered Charlty number 1102020 Reglstered offlce 4.6 Square Halifax Wesl Yorkshire HX11RJ Trustees Dr E R Boulton Mr P M Spark Mr C Young Mrs P Andrewartha Mr M Patel Anthony Morris Leanne Gibso Nicholas Tarren Chair Audltors BK Plu8 Audlt Limited 52 Sl Johns Lane Halifax Wesl Yorkshire HX12BW Chlef Executlve Offlcer R Horner Objectlves and actlvities Objectlves and aims 'Helping older people in Calderdale & Kirklees make the most of later life" We exist lo promole the wellbeing of all older people in Calderdale & Kirklees. recognizing their right to independence, fulfilment, dignity and choice. We support them and Iheir carer5 to make later life a fulfilling and enjoyable experience through helping lo mainlain a quality of life as independently as possible. We will be inclusive and embrace equalily and diversity. Our memorandum of association expresses this a5 °to promote the relief of elderly people in any manner which now or hereafter may be deemed by law to be charitable in or around the Metropolltan Boroughs of Calderdale and Kirklees"
AGE UK CALDERDALE & KIRKLEES TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Our Vislon 11 is our vision to be the centre of excellence providing access to services that meet the needs of older people. Our Values To be client centred To deliver services with compassion To value staff and volunteers To be inclusive and embrace equality and diversity To develop trust in our services To ensure that everybody in working together to achieve the same objectives Strategic Plan The Board agreed a five year strategic plan in 2023 which lakes into account the evolving and changing health and social care landscape and the financial implications for the organisation and it beneficiaries. We have identified the following challenges and developed a strategy to ensure we acknowledge and respect these challenges and work together to overcome them and strive to reach our vision. Challenges Increasing older population Greater focus on living independenlly for longer The move to digital servlces is excluding many older people The cost of living crisis is putting pressure on older people Pressure on funding, particularly sustainable funding Our 51ralegy focus on three areas,. people, financial stability and service development, we will do this by.. People, we WTII value all of the people involved with the organisation Flnancial Stability, focus on increasing financial slability Servlce Development, providing high quality seNices that older peopl8 want
AGE UK CALDERDALE & KIRKLEES TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlevements and performance Signilicant aclivit18s and achievements against objeclNes Our maln charitable activitles during 2023124 were: Providing infomialion and advice to older people by telephone or face-to-face appointments. Supporting volunteering amongst older people and for older people. Offering befriending, advice on health, wellbeing, keeping safe and warm, exercise and the use oftechnology Supporting older people to live independently at home for longer through various servlces We offer a broad range of services, which are funded through contracts with or grants from the Iwo local authorities, the inlegraled care board, Age UK, Macmillan and other grant making bodies (such as the Community Foundation for Calderdalel or through payments by individual clients for the service. We also benefit from donations, legacies and fundraising. Summary of Achlevom8nts Our Wellbeing (day} Centres continue to operale 6 days a week in 3 centres across Calderdale & Kirklees. We provide transport to our centres, a warm meal and activities. We have extended our activity programme which has Included Tai Chi, Yoga and exercise classes lailored to reduce the fisk of falls. We currently provKde 160 places per week, Our Home Helper team supports 272 clients each month to remain independent in their own homes by provldlng cleaning, light household duties and shopping. Alongside this we offer the 'de clutter, service which can a5sisI an older person to remain at home in a much safer environment. The handy person service helps with small adaptations in the home to support independent living, funding from Kirklees Council means this service is free in Kirklees. This setvice currently assisls around 150 clienls each month. Ouring the winter months we also advise and supply free equipment so individuals can heal their homes economically, Our Shopmobility outlet in Hallfax rents out mobi1Sty scooters, wheelchairs and other equipment to enable people lo independently access the town centre and improve their mobility. We also sell small items of equipment as well as wheelchairs, scooters, easy rise armchairs and handfails. Durlng the year we worked with Locala CIC. employing two Personal Independence Coordinators, who help prevent unnecessary readmillance lo hospital, help older people lo navigate the complex world of health and social care and highlighted the need for more informalion and advice on benefils and housing. We have also provlde transport service to take people to Locala Clinic appointments and Iransport them home after a stay in an Intermediate Care facility. The Seamless Home from H05pltal seFvice runs in partnership wilh Community Transport for Calderdale. across Greater Huddersfield and Calderdale helping patients to get home and resellled following discharge. We also deliver a Home from Hospital service from Dewsbury, Pinderfields and Ponlefract hospitals to help residents of Norlh Kirklees gel home and setlled in. The Home from Hospital staff provide a valuable seNice to make sure older people who have just left hospital are safe, warm and have important supplies at home. In Calderdale we continue this support for up lo 6 weeks, providing shopping, company. signposting to prevent readmission to hospital. Our Information and Advice service operated across both local authority areas during the year and our advisors and volunteer have handled 1395 enquiries needing specialist support in the financial year. Over the year we have secured over £3.8m in benefils for clients. Our achievement in supporting people with cancer to claim beneflts and other support in conjunction with Macmillan Cancer Care has led to a continuation of funding. We provide a high quality basic foolcare setvices either in Ouf wellbeing cenlres or in clients homes. Improving and maintaining foot health helps mainlain mobilily and keeps the person free from pain.
AGE UK CALDERDALE & KIRKLEES TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Loneliness and isolation is a major issue for older people. We have a befriending service where volunteers either talk over the telephone or visit face to face providing companionship, we have 134 people registered for this service. Our befriending service has developed to provide meeting space for people to meet up and enjoy 50cialising whilst being support8d by a member of our staff and volunteers. We provide setvices to support people living with Dementia. We deliver the Kirklees and Calderdale Dementia Hubs in partnership with Community Links. We also deliver Maintenance Cognitive Stimulation Therapy for people in early stages of demenlla. The latter are group sessions providing meaningful and slimulating activities to help maintain memory and provide a fun, supportive environment where people can build new friendships. We contlnue to work in Partnership wilh Wesl Yorkshire Fire and Rescue lo support the needs of vulnerable older people who have had a Safe and Well Check. Our Tole as a leading Third Sector organisation in the community is well established and is recognised as adding value to the local, regional and national arenas, in particular those for health and social care. We have trustee seals on the boards of Healthwalch Calderdale and Kiiklees and Calipso, as well as being a mernber of the Calderdale Safeguarding Adults Board. We are working with both Councils and the ICB on Ageing Well and Age Friendly Communities. We continue to raise our profile as a local charity through working with more businesses and wider community partners, and being proud to tell of our achievements in helping older people maximlse wellbeing and Independence. Our many volunteers help the organisation and our clients in numerous ways. We could not offer our range ol services without their generosity and goodwill. Publlc beneflt We have referred lo the guidance contained in the Charily Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activlties will contribute lo the aims and objective5 they have set. The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
AGE UK CALDERDALE & KIRKLEES TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Financial revlew The charity incurred an operating surplus for the year of £20.438 (2023.. £57,851). Net asset5 increased to £723,207 at 31 March 2024 (2023.. £702,770). The total income for the year was £1.892,284 (2023.. £1,829,948). Our lolal expenditure was £1,871,846 (2023.. £1,772,097) and included expenditure on core charitable activities totalllng £1,867,371 12023.. £1,770,480). £689,365 (2023.. £779.667) of our income was restricted by our funders to be spent on specific purposes. Of thls, funds of £96012023.. £11,172) for ongoing projects were unspent al the year end and are carried foward to the next financial year. Transfer5 are made between funds only where Ihe trustees are satisfied that the fund concerned has been completed lo the satisfaction of the funder, and that no amount is repayable to Ihe funder in respect of any surplus. Where a funding stream ends in deficit, this deficil is transferred to unrestricted funds. Our volunleers play a vital role in the provision of many servlces. They are the main source of activity in some seNices, whilst In others they add value lo the service offered by our paid staff. Whilst it is difficult to estimate Ihe exact impact, the equivalent monetary value of the lime donated by volunteers in 2023124 we estimate it to be £100,000 ReseNes policy The Trustees have reviewed the Charity's reserve pollcy during the year. particularly in relation to the potential risks lo the organisalion and the current political and economic Climate. The objective of the policy is lo ensure that the Charity has adequate funds to cover the eventuality of funding from exlernal sources for core activities ceasing or being seriously curtailed. Consequently, it is deemed necessary, In such an eventuality, to be able lo cover the organisalion's core function and premises for al least six months to enable the strategy lo be reviewed and funds lo be iebuill. Our current level of unreslricled funds of £722.248 meets this reserve funding objective, albelt that £120,000 of this relates lo a revaluation reserve in respect of long leasehold property. Prlnclpal fundlng Sources We recelved subslanlial funding in 2023124 from Kirklees MC for the Day Services contract, the Handyperson contract, and to support our Dementia Hub activilies. Calderdale MBC also remained a 51gnificant source of funding in 2023124 to provid8 Information and Advice, Shopmobility, Befrlending services. Weekend day care and Calderdale Demenlia Hub. NHS West Yorkshire ICB continued Iheir finance to us in 2023124 for the various Home from Hospital Services. We also received funding from Age UK, Macmillan Cancer Support, Locala, and Community Foundalion for Calderdale. We received a small number of individual donations. Our cleaning, shopping, foolcare, chargeable handyperson services and privately funded day care services are funded through service user charges. We are very grateful lo all of our funders for their support.
AGE UK CALDERDALE & KIRKLEES TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Investment policy and objectives Under the constitution the chaTily has the power lo make any investment that the Trustees see fit. At Ihe present lime, the ch8rily does not have a specific investment policy. Going concern The trustees consider that Ihere are no material unc8rtainlies about the charity's ability to continue as a going concem, nor any significant areas of uncertainly that affect the carrying valu8 of assets held by the charity. Looklng forward for 2024125 In addition lo the objectives identified above in our Slralegic Plan, we will continue in 2024125 10.. further develop the foot care service seek opportunities to improve Ihe ulilisalion of, and improve the quality of, our fleet of vehicles d8velop our knowledge and support for older people, providing more person cenlred, integrated services which encourage older people lo make the most of later life encourage companionship, making connections with others and relevanl s8Nices, in order lo support maximising independence and well being Campaign lo gel the voice of older people heard and valued continue lo respect and value all our staff. volunteers, partner organlsalions and client5 offér best value services, not compromising on quality or care ralse our profile as a local charity with aflilialion lo a nalionally recognised and respected organisalion with access lo research, knowledge, best praclice. advice and influ8nce IdenlSfy new ventures that meet thè needs of local people The trustees, report was approved by the Board of Trustees. Dr E R Boullon Trustee Date:
AGE UK CALDERDALE & KIRKLEES STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trLtstees, who are also the directors of Age Uk Calderdale & Kirklees for the purpose of company law, are responsible for preparing the Trustees, Report and Ihe financial statemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Practice). Company Law requlres the trustees to prepare financial statements for each financial yearwhich give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to= select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charities SORP., make judgemenls and estimates that are reasonable and prudent., and prepare the financial slalements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequale accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable Ihem lo ensure that the financial slalernents 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.
AGE UK CALDERDALE & KIRKLEES INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF AGE UK CALDERDALE & KIRKLEES Oplnion We have audited the financial statements of Age Uk Calderdale & Kirklees {the 'charity') for the year ended 31 March 2024 which comprise the slatement of financial activities, the balance sheet, the slalemenl ofcash flows and noles lo the financial statements, including significant accounting policies. The financial reporting framework that has been appSied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK ancl Republic of Ireland (United Kingdom GenerallyAccepted Accounting Praclicel. In our opinion, the financial statements.. give a true and fair view of the stale of the charitable company's affairs as at 31 March 2024 and of Ils incoming resour5 and application of resources, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companles Act 2006. Basls for opinlon We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UKI) and applicable law. Our responsibilities under Ih05e standards afe further described in the Auditorfs responsftbilities for (he audil ol Ihe financial slatgmenls section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethlcal Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements, We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinlon. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, us8 of the going concem basis of accountlng in the preparation of the financial stalemenls is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the charily's ability to continue as a going concern for a period of ai least twelve monlhs from when the financial slatements are authorised for issue. Our responsibilities and the responsibilities of the truslees with respeGt to going concern are described in the relevanl sections of this report. other Informatlon The other information comprises the information included in the annual report other than the financial statements and our auditor's report Ihereon. The Iruslees are responsible for the other information contained within the annual report. Our opinion on the financial Statements does not cover Ihe other informalion and we do not express any form of assurance conclusion Ihereon. Our responsibility 15 to read the other informalion and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained In the course of the audil, or othemise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a malerial misstatement of thls other information, we are required to report that fact. We have nothing to report in thi5 regard. Matters on whlch we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion= the information given in the financial statements is inconsistent in any material respect with the trustees, reporl. or sufficlent accounting fecords have not been kept., or the financial statements are not in agreement with the accounting records., or we have not received all the information and explanations we require for our audit.
AGE UK CALDERDALE & KIRKLEES INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF AGE UK CALDERDALE & KIRKLEES Responslbilltles of trustees As explained more fully in the staternent of trustees, responsibilities, Ihe Irustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied thal they give a true and fair view, and for such internal conlrol as the trustees determine is necessary to enable Ihe preparation of financial statements Ihal are free from material misslatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's abilily to continue as a gcsing concern, disclosing, as applicable, matters related lo going concem and using the going concern basis of accounting unless the trustees either intend lo liquidate the charitable company or to cease OP8fations, or have no realistic alternative but lo do so. Auditor's responsibllltles for the audlt of the flnanclal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regLAlalions made or having effect thereunder. Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS {UKI will always delect a material misstatement when it exist5. Misslalements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. A further descrlptlon of our responsibilities is available on the Financial Reporting Council's website at.. htlps'.11 www.frc.org.uklauditorsresponsibilities. This description forms part of our auditorfs report,
AGE UK CALDERDALE & KIRKLEES INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF AGE UK CALDERDALE & KIRKLEES other matters Our approach to identifying and assessing the risks of maleriaS misstatement in respecl of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations., We idenlified the laws and regulalions applicable to the company through discussions with difectors and other management, and from our commercial knowledge and experience of the indLJslry sector,. We focused on specific laws and regulations which we considered may have a direct material effect on the financial slalemenls or the operations of the company, including the Companie5 Act 2006, laxalion leglslalion and data protection, anti-bribery, employment, environmental and health and safety legislation., We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence,. and Ensured laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the company's financial statements to material misstalement, induding obtaining an understanding of how fraud might occur, by: Making enqulries of managemeni as to where they considefed there was a susceptibility to fraud, their knoedge of actual, suspected and alleged fraud,. Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations., and Understanding the design of the company's remuneration policies. To address the risk of fraud through management bias and override of controls, we., Performed analytical procedures to identify any unusual or unexpected relationships. Tested journal entries to identify unusual transactions Assessed whether judgements and assumptions made in deterrnining the accounting estimates sel out in note 2 were indicative of potential bias; and Investigated the rationale behind significant or unusual Iransaclions. In response to the risks of irregularities and non-compliance with laws and regulations, we designed procedures which included, bul were not limited to.. Agreelng financial statement disclosures to underlying supporting documentation., Reading the minutes of meetings of those charged with governance. Enquiring of management as to actual and polenlial litigation and claims., and Reviewing correspondence with HMRC. relevant regulators and the company's legal advisors. There are inherent limitations in our audii procedures described above. The more rernoved Ihal laws and regulalior15 are from the financial transactions, Ihe less likely il is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to idéntify non-compliance with laws and regulations lo enquiry of the directors and other managernent and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those Ihat arise from error as they may involve deliberate concealment or collusion. 10-
AGE UK CALDERDALE & KIRKLEES INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF AGE UK CALDERDALE & KIRKLEES Use of our report This report is made salely to the company's members. as a body, in accordance with seclion 391 of the Companies Act 2014. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do nol accept or assume responsibility lo anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. Victorla Atklnson FCA (Senior Statutory Auditor) for and on behalf of BK Plus Audlt Limlted 13 O££o•Mtse* 202 Chartered Certlfled Accountants Statutory Audltor 61£ Pivs Lirt1•RJ 52 St Johns Lane Halifax West Yorkshire England HX12BW BK Plus Audit Limited is eligible for appointment as auditor of the charity by virtue of Its eligibility for appoinlment as auditor of a company under section 1212 of the CompaniesAct 2006. 11
AGE UK CALDERDALE & KIRKLEES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Current flnancial year Unrestricted funds 2024 Restricted funds 2024 Total Total 2024 2023 Notes Income and endowments from: Donations and legacies 89,977 602,465 692,442 860,279 Provlsion of Care SeNices 998,065 79,676 1,077,741 841,682 Other trading aclivitles Investment income Other income 109,993 3,684 1,200 7,224 117,217 3,684 1,200 127,464 523 Total Income 1,202,919 689,365 1,892,284 1,829,948 Expenditure on: Raising funds 4.475 4,475 1,617 Provision of Care Servlces 1,173,705 693,666 1,867,371 1,770,480 Total expendlture 1,178,180 693,666 1,871,846 1,772,097 Net Incomellexpendlturel 24,739 {4.301) 20,438 57,851 Transfers between funds 5,911 (5,911) Net movement In funds 10 30,850 (10,212) 20,438 57,851 Reconclllatlon of funds: Fund balances at l April 2023 691.598 11,172 702.770 844,919 Fund balances at 31 March 2024 722,248 960 723,208 702,770 The statement of financial activities includes all gains and losses recognised in the year. All income and expendlture derive from continuing activities. 12-
AGE UK CALDERDALE & KIRKLEES STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Prlor flnanclal year Unrestrlcted funds 2023 Re5trlcted funds 2023 Total 2023 Notes Income and endowments from: Donations and legacies Char Provision of Care Services 80,612 779.667 860,279 841,682 841,682 Other trading activities Investment income 127,464 523 127,464 523 Total Sncome 1,050,281 779,667 1,829,948 Expendlture on: Raising funds Provislon of Care Services 1,617 1.053.237 1,617 1,770,480 717,243 Total expenditure 1,054,854 717,243 1,772,097 Net Incomel(expendlture) {4,573) 62,424 57.851 Transfers between funds 61,513 (61,513) Net movement In funds 10 56,940 911 57,851 Reconclllatlon of funds: Fund balances al 1 April 2022 634,658 10,261 644,919 Fund balances at 31 March 2023 691,598 11,172 702,770 13-
AGE UK CALDERDALE & KIRKLEES BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 14 202,973 228,827 Current assets Slocks Debtors Cash al bank and in hand 15 16 7,448 258.611 390,118 7,803 276,908 347,528 656,177 632.239 Creditors: amounts falling due within one year 17 (135.942) <158,296) Net current assets 520,235 473,943 Total assets less current Ilabllitles 723,208 702,770 Net assets excluding pension Ilabllity 723,208 702,770 The funds of the charlty Reslrlcled income funds Unreslricled funds 20 960 722,248 11,172 691,598 723.208 702,770 Th8 company is enlilled lo the 8xempilon from Ihe audit requirement contained In section 477 of the Companies Act 2006, for the year ended 31 March 2024, although an audit has been carried oul under section 144 of the Charilles AcL2011. The directors acknowledge their responsibilities for complying with Ihe requirements of the Companies Act 2006 with respecl lo accounting records and Ihe preparation of financial st8temenls. The members have not requlred the company lo obtaln an audil of ils financlal statements under the requirements of the Companies Act 2006, for the year in queslion In accordance with seclion 476. These financial slatemenls have been prepared in accordance wilh the provisions applicable to ttsmpanies SLtbject to the small companies regime. The financial slalements werè approved by the Iruslees on ...... Dr E R Boullon Trustee Mr P M Spark Trustee Company registration number 05013745 (England and Wales) 12-
AGE UK CALDERDALE & KIRKLEES STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from operating actlvltles Cash generated from operations 25 48,765 25,262 Investlng actlvities Purchase of tangible fixed assets Proceeds from disposal of tangible fixed assets Investment income received (9.859) {101,2081 16,819 523 3.684 Net cash used In Investlng actlvities (6,175) (83,866) Net Gash used In financlng actlvitles Net Increaselldecrease) in cash and cash equlvalents 42,590 (58,604) Cash and cash equivalents al beginning of year 347,528 406,132 Cash and cash equlvalents at end of year 390,118 347,528 15-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charity Information Age Uk Calderdale & Kirklees is a private company limited by guarantee incorporated in England and Wales. The registered office is 4- 6 Square, Halifax, Vvest Yorkshire, HX11RJ. 1.1 Accountlng convention The financial slalements have been prepared in accordance with the charity's Igoverning documentl, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republlc of Ireland" ('FRS 102") and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" (effective l January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The financial slalements are prepared in sterling, which is the funclional Gurrency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial Statements have been prepared under the historical cost convention, Imodified to include Ihe revaluation of freehold properties and to include investment properties and certain financial instruments al fair valuel. The principal accounting policies adopted are sel out below. 1.2 Golng concern Al the lirne of approving the financial slatements, Ihe truslees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees conllnu8 to adopt the going Concern basis of accounting in preparing the financial slatemenls. 1.3 Charltable funds Unreslncted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restri¢led funds are subject to specific conditions by donors or grantors as lo how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial slatements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally enlilled to it afler any performance conditions have been met, the amounts can be measured reliably, and it is probable thal income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Incorne tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an Impending distribution, the amount Is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 16-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies Icontlnued) 1.5 Expendlture Expendilure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, il is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activily. The costs of each activity are made up of th8 total of dir1 Costs and shared costs, including support costs involved in undertaking each activity. Direct costs allributable to a single activity are allocated directly to that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable to a single aclivily are apportioned between Ih05e activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on th8 Portion of the asset's use. 1.6 Tanglble fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of deprecialion and any impairment losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their r8sidual values over their useful lives on the following bases.. Freehold land and buildlngs Plant and equipment Fixtures and fittings Motor vehicles 20/0 on straight line basis 330h on straight line basi5 15 % on reducing balance 250/0 on reducing balance The gain or loss arising on the disposal of an asset is determined as the difference beeen the sale proceeds and the Carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalrment of flxed assets At each reporting end date, the charily reviews the carrying amounts of its tangible ass8ls to delermlne whether there is any indication thal those assets have suffered an impairment loss. If any such indication exists, the recoverable amounl of the asset is estimated in order to determine (he exlenl of Ihe impairment loss (if any). 1.8 Stocks Stocks are slated at the lower of Cosl and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable. direct labour costs and those overheads thal have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the eslimaled selling price less all eslimated costs of completion and costs to be incurred in marketing, selling and distribution. 1.9 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid investments with Original malurilies of ihree monlhs or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 17-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcies {Contlnuedl 1.10 Flnancial Instruments The charily has elected to apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of ils financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the conlraclual provisions of Ihe instrument. Financial assets and liabilities are offset, with the net amounts presented In the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention lo settle on a net basls or lo realise the asset and settle the liability simultaneously. Baslc financial assets Basic financial assets, which include debtors and cash and bank balances, are initially m8asured at transaction price Including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangemenl constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of intere51. Financlal assets classified as receivable within one year are not amorti5ed. Basic financlal liabllitles Basic financial liabilities, including creditors and bank loans are initially recognlsed al Iiansaction price unless the arrangement constitutes a financing Iransaclion, where the debt instrument is measured al the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rale melhod. Trade creditors are obligations to pay for goods or services that have been acquired in the ordlnary course of operations from suppllers. Amounts payable are classified as current liabilities if payment is due within one year ar less. If not, they are presented as non-current liabilities. Trade credStors are recognised inltially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognltlon of financlal Ilabilitles Financial liabilities are derecognised when the charity's contractual obligations expire or are dlscharged or cancelled. 1.11 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed lo terminate the employment of an employee or to provide lermination benefits. 1.12 Retirement benefits Payments lo defined conlribution retirement benefil schemes are charged as an expense as they fall due. 18-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Crltlcal accounting e5tlmates and judgements In the application of the charity's accounting policies, the trustees are required lo make judgements, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associaled assumptions are based on historical experienc8 and other factors that are considered to be relevanl. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recognised in the period in which the estimate is revised where the revislon affects only that period, or In the period of the revision and future periods where the revision affects both current and future periods. Income from donations and legacies Unrestricted Restrlcted funds funds 2024 2024 Total Unrestricted Restrlcted funds funds 2023 2023 Total 2024 2023 Legacies receivable Grants 407 89,570 407 692.035 602,465 80,612 779,667 860,279 89,977 602,465 692,442 80,612 779,667 880,279 Legacles recelvable Donation- Headquarter 407 407 407 407 19-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donatlons and legacies Icontlnuedl Unrestricted Restricted funds funds 2024 2024 Total Unrestrlcted Restrlcted funds funds 2023 2023 Total 2024 2023 Grants recelvable for Core activltles Befriending Calderdale Shopmobility Informatlon and Advice Home from Hospital Seamless Service Kiiklees Dementia Hub Dlscharge- Libby & Bertie Lo¢ala Travel Companions Calderdale Household Fund t)ewsbury Home from Hospital Kirklees Household Fund Tackling Inequalities Calderdale Home from H05Pital Calderdale Dementis Hub Electric Minibus Winter Discharge Handy M8n Service Head Quarters Rimani House Day Cenlre Sundale House Kirklees Day Centre 37,600 37.600 63.557 25,000 92,982 63,557 25,000 92,982 50,966 50,966 87.786 40,244 87.786 40,244 97,954 38,747 25,716 48,476 35,000 97,954 38,747 25,716 48,476 35,000 48,476 10,000 48,476 10,000 2,500 2,500 139,994 139,994 33,774 3,000 1,473 33,774 3,000 1,473 116.057 71,343 116.057 71,343 116,052 68,931 61,513 64,992 116,052 68,931 61,513 64,992 1,448 43,281 8,245 12,618 8,245 12.618 1,448 43,281 41.707 41,707 31,483 4,400 31,483 4,400 27.000 27.000 89,570 602,465 692,035 80,612 779,667 860,279 In Ihe previous year Core Information & Advice, Befriending and Mobility Hire was recognised as Granls CMBC. Renewed in this year {£77,661.52 & £25,000 respectively) and it was changed lo a contract. -20_
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 Income from charltable actlvlties Provlsion of Provlslon of Care Care Ser4ices Services 2024 2023 Income from Charitable activities 1.077,741 841,682 Analysis by fund Unrestricted funds Reslricted funds 998,065 79,676 841,682 1,077,741 841,682 Income from other trading activitles Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestrlcted Restrlcted funds funds 2023 2023 Total 2024 2023 Trading activity income.. other 109,993 7,224 117,217 127,484 127,464 Income from Investments Unrestrlcted Unrestrlcted funds funds 2024 2023 Interest receivable 3,684 523 other Income Unrestrlcted Unrestrlcted funds funds 2024 2023 Other income 1,200 21
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on ralsing funds Unrestricted Unrestricted funds funds 2024 2023 Fundraislng and publlclty Other fundraising costs 4,475 1,617 Expendlture on charltable actlvltles Provlslon of Provlslon of Care Care Services Servlces 2024 2023 Dlrect costs staff costs Depreciaticn and impairment Staff cost Premises costs Offlce costs Direct costs Insurance Staff costs,training and conferences Vehicle and transport costs Purchase mobility goods resale Rent Legal and professional fees Repairs and maintenance Bank charges Sundry expenses other costs 1,350,644 35,715 36,939 158,315 42,145 37,900 14,513 5,923 73,818 29,632 8,368 9.803 36,520 8,531 18,605 1,258,998 22,112 113,593 158,359 31,115 35,993 14,194 32,181 19,792 25,018 14,696 20,773 4,980 18,854 1,842 1,867,371 1,770,480 Analysis by fund Unreslricled funds Reslricted funds 1,173,705 693,666 1,053.237 717,243 1,867,371 1,770,480 10 Net movement In funds 2024 2023 The nel movement in funds is stated after chargingl(Grediting): Depreciation of owned langible fixed assels 35,715 22,112
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 11 Trustees None of the truslees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 12 Employees The average monthly number of employees during the yearwas.. 2024 Number 2023 Number Contracts and projects Administration and support Senior management 80 79 Total 88 88 Employment costs 2024 2023 Wages and salaries Social securily costs other pension costs 1,239,112 75,839 35,693 1,147,667 78,959 32,372 1,350,644 1,258,998 There were no employees whose annual remuneration was more than £60,000. Rernuneratlon of key management personnel The remuneration of key management personnel was as follows.. 2024 2023 Aggregate compensation 29,038 53,609 The total employee salary and benefits pf Ihe key management personnel of the charity were £29,038 (2023- £53,609). Key management personnel comprises the truslees and the Chief Executive. The posl of Chief Executive was vacant for a period oftime during the year ended 31 March 2024. 13 Taxatlon The charity 15 exempt from taxation on its activities because all its income is applied for charitable purposes.
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Tanglble fixed assets Freehold land and buildings Plant and Fixtures and equipment fittlngs fvlotor vehlcle5 Total Cost or valuatlon At 1 April 2023 Additions 125,000 62,293 8,851 109,538 1,008 110,035 406,866 9,859 At 31 March 2024 125,000 71,144 110,546 110,035 416,725 Depreciatlon and impalrment At 1 April 2023 Depreciation charged in the year 2,500 2,500 53,123 6,980 102,226 3,773 20,188 22,462 178,037 35,715 At 31 March 2024 5,000 60,103 105,999 42,650 213,752 Carrylng amount At 31 March 2024 120.000 11,041 4,547 67,385 202,973 At 31 March 2023 122,500 9,170 7.311 89,846 228,827 Revaluatlon The Sundale House, Bradley, long leasehold property was acquired during 2012113 (from the liquidators ol Age Concern Kirklees Limited) for no cash consideralion and has been revalued by the trustee8 at £75,000. This v8lualion was reviewed for the year ended 31 March 2021 and was increased by £50,000, to £125,000. The valuation has b8en derived from a comblnation of cashflow directly generated from the premlses and capitalised rental values of similar properties. Had thls class of asset been measured on a historical cost basis, il5 carrying value would have been £Nil (2023 - £Nil). 16 Stock5 2024 2023 Finished goods and goods for resale 7,448 7,803 -24-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Debtors 2024 2023 Amounts falllng due withln one year: Trade debtors Other debtors Prepayments and accrued income 202.513 3,251 52,847 192,926 14,756 69.226 258,611 276,908 17 Creditors: amounts falllng due withln one year 2024 2023 Notes Other taxalion and social security Deferred income Trade creditors Other creditors Accruals and deferred income 20,434 30,037 28,633 5,608 51,230 21,521 12,662 82,790 5,752 55,571 18 135,942 158,296 18 Deferred income 2024 2023 other deferred income 30,037 12,662 Delerred income is Included in the financial statements as follows.. 2024 2023 Deferred income Is included within.. Current liabilities 30,037 12,662 Movements in the year: Deferred income at 1 April 2023 Released from previous periods 12.862 17,375 30,095 (17,433) Deferred income al 31 March 2024 30,037 12,662 19 Retirement beneflt schemes 2024 2023 Deflned contributlon schemes Charge lo profil or loss in respecl of defined contribulion schemes 35.693 32,372 -25-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Retirement beneflt schemes IContlnued} The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 20 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific condltions by donors as lo how they may be used. At 1 April 2023 Incoming resources Resources expended Transfers Galns and At 31 March losses 2024 Befriending Fuel Poverty Fund Holidays for Older People Exireme Weather Calderdale Dementia Hub Information and Advice Home from Hospital Seamless Service Kirklees Dementla Hub Locala Travel Companions Dewsbury Home from Hospital Calderdale Home from Hospital 5,000 63,558 (63,558) (5,000) 2,046 (2,046) 960 960 2,000 (2,000) 911 74.390 {74,390) (911) 255 108,855 (109,110) 87,791 (87,791) 40,244 48,476 (40,244) (48,476) 10.000 (10,000) 139.994 (139,994) 116,057 {116,057) 11,172 689,365 (693,666) (5,911) 960 -26-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Restrlcted funds (Contlnuedl Prevlous year: At 1 April 2022 Incoming resources Resources expended Transfers Gains and At 31 March losses 2023 Befriending Fuel Povertv Fund Holidays for Older People Macmimillan Extreme Wealher Calderdale Shopmobilty Information and Advice Home from Hospital Seamless Service Kirklees Dementia Hub Discharge Lounge Locala Travel Companion Calderdale Household Fund Dewsbury Home from Hospital Kirklees Household Fund Tackling Inequalities Calderdale Home from Hospital Caderdale Dementia Hub Electric Minibus Winter Discharge s,000 63,557 (63,557) 5,000 2,046 2,046 960 255 960 255 2,000 2,000 25.000 (25,000) 92,982 (92,982) 97.954 (97.954) 38,747 (38,747) 25,716 48,476 (25,716) (48,476) 35,000 {35.000) 2,500 {2,500) 33,774 (33,774) 3,000 (3.000> 1,473 (1,473) 116.052 (116,052) 68.931 61,513 (68.020) 911 {61,513) 64,992 (64,992) 10,261 779,667 (717,243) (61,513) 11,172 -27-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Restricted funds {Continued} The specific purposes for which the restricted funds are applied are as follows-. Befrlending) grant from Calderdale MBC and Yorkshire Childrens Centre for specific volunteer befriending. Fuel Povety Fund: fund represents donations and fundraising lo help individual households with specific fuel related issues. Holldays for Older People., grant funding from Community Foundation for Calderdale for holidays for older people. Extreme Weather., from Age UK to educate and promote ways to combat extreme weather. Calderdale Dementla Hub; granl funding from Calderdale Council to run a partnership project with Community Links supporting people living wilh dementia in Calderdale. Informatlon & Advice; grants from Calderdale MBC and Macmillan providing information and advi to older people and their carers. Home from Hospltal Seamlèss Servlce; funding Irom Calderdale and Greater Huddeisfield CCG'S to support 01der people through discharge from hospital, Kirklees Dementia Hub; grant funding from Kirklees MBC to run a partnership project with Community Links supporting people living with Dementia in Kirklees. Local8; grant funding relating to personal independence coordlnators in Kirklees. Travel Companlons: funding from Age UK to help people access public transport and gel out and about following the pandemic. D8wsbury Home from Hospltal; granl from North Kirklees CCG to deliver a home from h05pilal service in North Kirklees. Calderdale Home from Hospltal; funding from Calderdale Council to support patients discharged from hospital for 6 weeks in their own home. Macmlllan. grant funding lo provide people wilh cancerwith benefils advice and other support. Calderdale ShopmobS11ty; grant from Calderdale MBC for provision of Shopmobility seNices. Dlscharge Lounge; funding from Calderdale and Huddersfield NHS Foundation Trust lo support assistance in discharge lounge al Huddersfield Royal Infirmary. Calderdale Household Fund; grant from the Community Foundation to distribute to older people during the cost of living crisis. Kirklees Household Fund; grant from One Community Foundation to disliibute lo older people during the cost of living crisis. Tackllng Inequalities; grant from Age UK to provide physical aclivilies to older people. El8ctrlG Minlbus. fundir5g received to buy an electric minibus. Wlnter Discharge. funding from Voluntary and Communily to support hospitals Wlth patient discharge and support at home during winter pressures. -28-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantor5 as to how they may be used. These include designated funds which have been set aside oul of unrestflcted funds by the trustees for specific purposes. At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 General fund Revaluation fund 566,598 125,000 1,202,919 11,173,180) (5,000) 5,911 602,248 120,000 691,598 1,202,919 {1,178,180) 5,911 722,248 Prevlous year: At 1 Aprfl 2022 Incomlng resources Resources expended Transfers At 31 March 2023 General fund Revaluation fund 509,658 125.000 1.050.281 (1,054,854) 61,513 566,598 125,000 634,658 1,050,281 (1,054,854) 81,513 691,598 22 Analysls of net assets between funds Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible asset5 Current asselsl(liabilities) 202,973 519,275 202,973 520,235 960 722,248 960 723,208 Unrestricted funds 2023 Restrl¢ted funds 2023 Total 2023 At 31 March 2023: Tangible assets CLtrrenl assetsl{liabilities) 228,827 462,771 228,827 473,943 11,172 691,598 11,172 702,770 -29-
AGE UK CALDERDALE & KIRKLEES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 23 Operating lease commitmenls Al the reporting end date the charily had oulslanding commitments for future minimum lease payments under non-cancellable operating leases. which fall due as follows- 2024 2023 Within one year Between two and five years 13,502 1,689 33,002 15,191 15,191 48,193 24 Related party transactlons There w8re no disclosable relaled party transactions during the year (2023 - none). 25 Cash generated from operatlons 2024 2023 Surplus for the year 20,438 57,851 Adjustments for.. Inveslment income recognised in statement of financial activities Depreciation and impairment of tangible fixed assets (3,684) 35,713 (523) 22,114 Movements in working capital.. Decreasel(increase) in slocks De¢reasel(increase) in debtors (Decreasellincrease in Greditor5 Increasel(decreasel in deferred income 355 18,297 {39,729) 17,375 (1,980) {70.447) 35,680 <17,433) Cash generated from operations 48,765 25,262 26 Analysis of changes in net funds The charily had no material debt during the year. -30-