Registered Chaity Nurthr: Registered Coryany Nunknr Telephone Nu￿er. Email Address: 1103557 04750114 0118 9502480 inf AGE CONCERN READING - tr￿ling &8 UK Reallng (A Corrpany limited by gu￿te8> Annua finanaa sL7t8ments For the year ended 31 M8rch 2023 AGE CONCERN READING - trading as Age UK Reading ANNUAL REPORT AND FINANCIAL STATEMENTS For th8 y8ar 8nd8d 31 IAarch 2023 Company No: Ck1750114 Charity NumtH 1103557 cop¥rEKrs Pages Legd ￿ Administrativ• Infomiation Report of the Trustees 11 Report of tho kndependent Examln 12 Statanent of kn¢ome & Expendlture 13 Balance 14 te8 to the Financial Stat8m@nt8 15-22 AGE CONCERN READING - tradlng as Ag8 UK Reading LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 31 IAarch 2023 The organi5ation is a charitable company limited by guarantee, irKorporaled on 1 May 2003, registered as a charlty on 30 April 2{￿. The affaiTr of the charrtable company we govemed by rt3 MeMo￿dum and Article5 of Assoclatlon. Ch•rlty r•glstr•Uon numb•r 1103557 company r•gl•tr*llon numbv 047S)114 {Ewland fnj Wale¥l R•91st•r￿ offl¢• Wallord Hall Carey Stro81 Readlre RG1 7JS TNsteu and Dlrectorn MrJokn Vlllklroon Kay Be PArGraham Llghtloot (*8lnY Company ¥¢Y•tAw. r hl T8ylor Chl•f Ex•cutl￿ Offi￿r. 8ank•r Co-OP8Tative Bank PIC PO Box 101 l Balloon Street Manchester M60 4EP CAF Bank Ltd 25 King8 Hill Aver Klngs Hlll West Malling ME19 4JQ CCLA Investment Managemert Ltd COIF Charity F￿￿1$ Senator House 85 Queen Victoria Street London EC4V 4ET Indep•ndoTrt •xamlnor: Hèather ￿lhoUSe BOO LLP arte￿ Accountants Brfdgthvatgr Houso Countorslip B￿st01 BS168X AGE CONCERN READING - trading as Age UK Reading REPORT OF THE TRUSTEES For the year ended 31 March 2023 OBJECTNES Company No: 04750114 Charlty Numbèr 1103557 In ￿1￿j obieclives aThl planning 8¢tNlI ies. the Trustees have gpien c8reful ¢on$Kleralv￿ to Ihe Chwtiy Ccthmission's general guidance on public be￿rrt. The key otyective of Age Concem Reading tra(Ang ag Age UK Readirg (aThJ henceforth Teferred to in this (trx￿nent as °Age UK Reading") is to promote th8 wetfare of okjer peopkn within the greater Reading area. ACTMTIES AND ACHIEVEMENTS FOR THE PUBLIC BENEFrr Ag8 UK Readlng has conlnued to provlde a raw of much valued senilc8Sto ohjer peopla in ReaduYJ area as outllned below. Thanks and aCknoW￿dgement must go to the donors, fwKl8rs S￿1 SUPF*Yters AG* UK Readlng. and akn to Age UK na￿c￿alty, for thelr contlnued suprth. INFORMATION AND ADVICE Age UK Read¥¥J provides this free. confidential. imtwtial flagship service to older pecple. th8irfamilies carers. The Infomiation arKI Advice Service is available to anyone over the age of 50 in Re&ling area and is provhY&J by teteptK)ne, and ema￿. We also take in queries via our many crther servic85 througlK)Ut the year. Enqulry contacts fcrf the year (Aprll 2022 - March 2023) totall&l 7,601 from 1833 c118nts. A sbnlflcant Increase on last yew. We cOntIn￿ to do more work wtth the fundlng forthls serrflce staytry th8 sarn8slnc8 2016. Th8 cases also contlnu8 to present as more CoMp￿x. The cost of Ilvlng crfsls cc#)tlnues to put both th8 organlzatton and our ¢lents under kncreased wesswe. In addibon to our°standar(r Infomiation and Advice servicewe have successfulty tendered forthe Carer5 Information and Advice service. We are working on thks as one part of the new Carers Parlnership, whid) comprlses oursefves, Age UK Berkshire. Reading Mencap and CoMmunk￿e. contract started on 1 of November2022. The first year has been challerb3ing but prcmjucfve. As we draw towards Ihe end ofthe 1st yearwe are Satisf￿ to see a service that is functioning well and a constructive partnershlp b@￿e￿n 4 wdl reswted thal Charit￿8. In year 2 we will build on our SUGGess and contlrwe to deliver better support for carers in the lown. pop During 2022 aTrJ 2023 this group has continu*J to thrive with over 20 membersvhKJ i)ften feed)xk ho•V muchthgy enjoy coming to the group and often re￿rnmend it to friends. ft w0v￿￿e$ a fjpace for people to come together, SOGFalise as well as t*ir¥J part in a variety of ￿tivItIeS including snging and Movem￿ which is beneficial to Iheir health and wgllbeing. OrKg again, we a180 pathergj with L(Kal Art group. Cothrwheel, who kindly gave time. experierKe and matsrials to run a session for our buddr#J artists. and materiaL8 to rtw) a Session for ¢Jur buddi￿ artists to celebrate the Coronation of Charkn 111. Furthw tsY(s fvisitors to the group included. A Dam￿tia talk vthich Fyovidod the group with opportunity to become D8m8ntia Fri8nds Reminiscing session using a Mwnory Box related to transport and trav8lling -how thir￿ have changedl A visit foms Ihe Pr8sident of the LIONS charity who gave a talk on the numwous propcts work on for local F*e. All th8 group received a 'Message in a trf)tt58' to them to keep all heath details safe in cas8 of a) &nerg8ncy. M8mb8rs of the group were glven a baby fuchsla F4ant and glv8n Ir*b￿lIonS to ￿ at IMJne. The Pres*J8nt of the kxal Fuchshq Soci8ty th8n cam8 to judge -very healthy comp8tttion. A voknntear from Guidè Dogs forthe BllrKI cam8 along wSth hls guKle dog and told us all atwt tre tralnng and Icoking after a guide dog. AGE CONCERN READING - trading as Age UK Reading REPORT OF THE TRUSTEES For the year ended 31 March 2023 C¢Jnpany No: 04750114 Charity Numlxr 11¢)3557 In April 2023 the John Syke8 FOurK￿lOn kindly gave a grant lo h8lp support the runnlng ol the club. MCST D•rnnlla Group Th8s8 groups hav8 conlixjed to devokip over 2022r23. MCST stand$ for Mointenance of Cognitp StimulatK>n Therapy. It dasig*d as a continua1ion of the tr'me limited CSTcourse the NHS provijes in 83ress as we went akng. We st*ted with shop and then buiN the service ar(￿d lh8 needs of the cllent. Afterth8 first thkdrAvn was llfted the servlce still remained In place bLrt a gr&* d8al of clients returned to stKp fcf Ihemsetves. It was attr￿S poknt that we looked al th8 Im[￿lanCe of th8 shopping serv￿* forclients wh) ¢￿k1 not shop forthemselves and k￿ked at waysthat we could contkmje Wtlh this arKI offer tt as part of the AUKR service. By December 2020 set In place a smaN SI￿ng charge for those that wanted to continue to bo supported by AUKR and its voluntsers. The seprfice runs on a much smaller scal8 rthv Is great￿ appreciated by those that use IL We have regular clients arKI vdmt8ers. Plans forthe future were to womote the service on a wider scale, recruit m(re voluntsers and in tum off a wider to the communty. Hcfyvever It has tr￿n very difficutt to recruit volunteers In 2023 so we ove bew unable to expand the service. We 6ttll akn to expand the ser4vice when we can recrutt morB voluntws. BEFRIENDING OurL*I'erKling serv￿00ffOrS CoMpan￿nshIp and support to objer pe* in the greater Reading area WF ar8 Sctiallyisolaed and kmety. We match volunteers wth older people based on shared Interests and Ihen arrange regular ithone calk or vtsits. Som8 older pwle get calls, some vkslts arHI som8 both. dependiro on their situation. Aftèr the parKlemic restrictions were eased, both service users and volunteers were stil hesltant for face to fac8 contact l¥ywwèr in 2023 Ihat 1$ changing as rr￿t of the referral re(y&sts receiv8 are vlsKs In prefer8nc8 lo pho￿ calb. We exp9Qt to see increase rrK)re as Ilfe retums lo nom￿1 and everyone confident ab￿ face lo face contscts. Totsl number of contacts YE March 2023 3,341 YIE Mar¢h 2022 4.107 AGE CONCERN READING - tradi￿ as Age UK Re&Jng REPORT OF THE TRUSTEES For the ye8r ended 31 March 2023 T0￿p￿£ calb 920 Vlslts 16% 80/. For the year ending 31 Ma￿h 2023, the total numter of calls and vlstls was 3,341, compared to 4,107 the year before. a drop of 1￿10 over the previous year. Of the total contacts, 84% were phone ¢81Ls and 16% were face b f8¢ewhereas in the kY8ViOUS year 92 10 contsGts were calls and 8% were face to face. This the shift that has b8com8 more pr8val8nt in 2023 ff￿1¢ating a swing towards face to face visits where the interesl ￿ home visits continuas. Company No: 04750114 Charity Number 1103557 SeNic8 Users (B8friendees) YIE Ma￿h 2023 98 63 YIE March 2022 115 69 Total Activ6 There was a total of 98 service users overthe yearofwhich 63 were aCt￿e atyearend compared to a totsl of 115 in the previous year of which 69 war8 activ8. We saw a drop of 17 service users wher8 b8fri8nding was stOFped within the year mainly bocause tW went into care , passed away (5) or could not b8 befriended for other reasons(unsuilable). The ratio bets*￿n active and total service users improved ov the previous year by 5°/. Thts mèans we manag8d to retain rTr)re service users in the year endod 2023 Ihan we did the year b8fore. Vc4unte8rs (B8friendèr5) YIE March 2023 57 YIE March 2022 Total Actlve 43 Volunteer vOlUr￿ show a 12DA decline over previous year. Most volunteers who left either retired (r decided against volunteerlng after the death of their service user and a few stsrted n8w Iw8S Out of Reading. Some existing long-term vdunleers have taken on addttional telephone service users to fill the gap due to volunteer shortages 8xp8d8ncèd. Efforts Continue to increase the volunteer recruitment efforts by attracting a young8r deffK¥Jraphlc. Thls has its own ohallenges as many are working full time so have limrted availabilty to tthend Ihough k88n to gtve to the communty. GARDENING Gardering contlnues to be a popular project and Is growlng slNly. W8 hope to add our Ihird. and perhaps fourth gardener lo our ranks in the comlng months. HOMESHARE We still believe this exciting new project will b8 a great OPFÉTiunty fcff peopk in Reading and is a chance for us to make a huge change in a clienvs day to day qualty of lrfe. It has been slower and more drffic than we hO￿d to get thks woiect offtheground. Although we made a matchit did not persisl due to reasons b8yond our control. We are still exploring new matches seeking adequate funding to boctst this project and r8alty 8Stablish it as part of Age UK Reading's core offer. CARER'S INFORMATION AND ADvice Sincè Novemb8r 2022 we have held the Carerfs infOmatic￿ aThJ AdvrE contract alongside our partners. Ap UK Barkshire. Communicare and Reading Mencap. We have deveknped and improved the serv si?rNficantty since November and contnue to do so. VOLUNTEERS Our Vo￿nteerS continue to b8 ts lrfe bloc<1 of all we do. WitrK)Ut a stroru vc4unteer group rw) charity can fulfil its potential. Our voknt88rs continue to do us pr￿d. We w¢)uld like to take this cwxtunty lo thank all of our vdunt8ers forther ¢￿tInUIng su￿￿1 and hard work as w8 ty to Impro the liv￿ of older people in Reading. AGE CONCERN READING - Irwjing as Age UK Rth￿ng REPORT OF THE TRUSTEES Company No: 04750114 For thè yaar 8nd8d 31 March 2023 Charlty Numb8r 1103557 We ran a succ8ssful 'thank you. event for volunteers In Ihe summer ané we plan to do another at Christmas. Our vdunt88rs brlng the energy and 1Sf8 to Age UK Readlng. support'ng our staff to defv 8m821ng rèsults. PARTNERSHIP WORKING We continue to value our cbse partnerships with olher local charities in the area. We continue to be active in the reading Dementia Partsiershlp, the Lonellness and Soclal1gKAalk)n group, RAN. and other loc aCfvi￿ groups. We have also ken more active in (￿r thal fundirKJ partnerships this year, working wilh others to win tenders through the c￿r￿lIS 'Closiro the Gap" funding round as well as our successfLI tender to win the Carers l and A. We vakje the strength that comes from unity as well as the highty valued exp&￿se that partnèrs bring to the table. Without our pathers we couky rnt provide the comprehensNe and hollstic seNic8 that we offer to local people. Walford Hall We continue to utilze Walford Hall as our base of operatKJns and it seems to be w¢Jrking wellfor the charity. We have adapted and improved how we use upstsirs space we are now using the space dowrtstairs to run 3 separate clubs. RAB have proven theMse￿e$ friendty and reSpCfflsib￿ landkfds wilh whom we malntain a positive relat￿r￿hip. We hope to reman in Walford Hall in the medium tsmi. FUTURE PLANS We are continuing to work trwards achieving financial stability after covid. It is taking than we had hoped but direction of travel is going weN. Our income gen￿aing servic8s ar8 growing and t)ur fundraising prroramme is in full swing. We are part way thr￿ our 3 year strat8gy and our small but committed board is YKKking hard to the future. We hope to remain in our current ccmmmodation in the short to medium term and have a clear path. kid out in our strategy as we move forward. CONTINUITY OF FINANCIAL MANAGEMENT During thk4 ￿rIOd we exp8rl8nced tho retlrement of our long tsmi fhance officer and Company Sacretary at Christmas of 2022. Our plans were to proceed with an upgraded tookkeew and regular rnonthty oversbJht frcffn a hxal acC￿ntanCY fim. We also madè plans at this timo to switch financial systems fffjm a saries of weadsheèts to the well-known "Xero. applScalion which would make the cwation mcfe eff icient and rgPQrting ea5*r. However, our Bookkeeper exF)erienced a signrfi¢8nt health issue over the same Christmas period and had to resign in Ihe new year leaving us for a perh%1 of several months wtthout continuty of financial staff. Th8 acC￿ntancY fim supported us through this time with basic bookkeeping and payroll. Whi151 the challenges and complicalions created are being overcome with the appointrnent of a new finan off icer, this tocA( longer than anticipated and has taken longer than planned. AGE CONCERN READING - trading as Age UK R￿dIng Statement of Income arKJ Expendlture For Ihe year ended 31 March 2023 Company No.. 047￿114 Clwlty Number1103557 FINANCE REVIEW AND RESERVES POLICY The wxKJnts forthe yearending 31 March2023 Sh￿ a net exwditwe of £44.505 (deficit) 2022: £22,795 (deficit). In to ensure that we meet commitments to seNice users and to the staff. the Trustees have pollcy of almlng to malntsin total unreslrlcted r8serves, at a levd of 12 months of experMlltur8. Th8 current18vel of reseries excluding restricted funds represents 4 months. Unrestricted reser4es of £43,590 (2022 £90,413 InclLAling a designated fund of £21,178 which had been riwenced fu c￿anIZat￿al (kvelopmerrt) were hekl at year end and re*riGted reserves of £32,066 (2022, £29.748). Age UK Reading ￿an3 to increase the level of reserves OV￿ future periods to retum to the tsrpt18vel 12 moth. We plan to th) this tl¥)ugh a mixture of fundraiswvJ, and an increase in iK(Kne geT￿rat￿ig activities. DONATIONS RECEIVED DurirKJ the year ermthng 31 March 2023 the charity has (￿Ce agaln rec￿ed a very welcome level d donations from organisational dcfflors and frcth Age UK Reading clients and memt*TS ¢￿the public. To all these benefactors we extsnd our heartle￿ thanks. your support has been critical to survNal. The Or￿lSatIOnal donors are as follows: Riverate Chtir. Cfrcp Communty Fund. Reading Blcyc* Kiictr￿n, WG Edw*ds Charity, and Verdant Fin￿la1 Planning. The Ag8 UK R8ading client8 arKI members ￿ the public are as follows: Mrs Colegate, M Adam4 S Vauthan, C Thc¥npson, D Bulthk, F MGGregc¥, B Pollard, C Moulslgy, M Mende4 and the many peoplg who sp)n8¢yed and Sup[￿Y￿ our events. The Tnjstees have In place a mawern￿* process to assess rlsks aTrJ Impkment rlsk management strategies. The process includes review by Trustees arKI charlty officers. The process idenlifies the tyr of rfsk that Age UK ReadirKJ faces prK)rttises them In tems of likelih(M)d of (Kcurrence and potentlal knp8Ct and Identlfles means of MIt￿all79 these rlsks. The Charity has been agila in Ils respons8S to Ih818gacy of thè parKl8mic and has managed to obtsin additional grant donati()ns which has enab￿ il to aclivety and f￿lY SUPFAXt ts cllents. The recent wtrcéu¢ed sy*ems to engender st￿f wellbeirKJ have enabled pjl to respond ￿t￿ety to ¢halbnges as they have arisen. GOING CONCERN The Trustees ccfflsider that there are r¥) material uncertainties atoul Ihe charitable ci)mpany's abilty lo continue as a golng concern. The Board of Trustees have considered the working capltal and cashftw requirements and consKJer that the current arKJ forecast cash resources are sufflGientto cover the worklro caF*al requirements of the Charfty for at least 12 months. They have therefore continued to adLyt the gthg concern ba￿S Sn preparfng thelr fIr￿nCial statements. Further details are in r¥)te la. AGE CONCERN READING - trading as Age UK Readlng Statement of Inoome and Expendliure For the yèar endèd 31 March 2023 Company No: 04750114 Charlty Number 1103557 RECRurrMENT OF TRUSTEE To recrult our Trustees we a(fvertise the ro￿ on social media. our website and on Ihird paty sites I Reach VolunteerirvJ, and Reading Voluntary Action. We use a role profi￿ and person s[￿lfiCat￿)n so the candidate krNyws whatwe are looking for. When an expresson of intsrest is received Ihe candidalè has an infomial telephone cC￿verSatIon wtth the CEO and is invited to apply on a volunteer application fcfm. TFW then meet the CEO for a conversation aLvJt the role and tsir oandidacy. If this is seen to go well th then meet with th8 CEO and Ihe Chairman for a further conversatw)n. The aim of this conversation is f both sides to assess whether the person is ruht forthe role and to allow tr4)th parties to learn more at*)ut each other, in particular their skill-set, molivations, and what they hope to bring to the role. The ¢andid8te then meets the CEO for a thorough irKluction to the orgarisati(X¢ ¥KJ issued with a copy of Essential Trustee. We go through the key legal infomation and the Fit and Proper Person form is si￿ed. The candidate will ¢)ffer8d localty availabla truste8 training and attend an Age UK induction al a nat￿nal level n London when available. If it is agreed that the ¢andidatg is sullable thon we ask them to allend 3 board meetings Worethe board agree on whèther to acceptthe person as a trustee (Jesignat8. Ifaccept the person's rK#nination is then voted on by membws at the next AGM. Key manageM￿rt personnel are Chief Ex￿utive Off icer. Finance Officar. 8nd service co- ordinators 1C AGE CONCERN READING - trading as Age UK Reading Statement of Income and Exp￿KItt￿e For the year 8nd&l 31 March 2023 Cc*npary No: 04750114 Chadty Numb8r 1103557 'RE IBILrr The Charftrb￿ Company'sTrusteeslDire¢tors a￿ responsiL4e for preparing the Rewl of the Trustees and tha financkgl statements In accordance wllh applicaNe law aThJ United Kingdom Generalty Acceth AccountlrvJ Pract￿e. Company law requlres Ihe TrusteeslDirect(xs to PreP￿e financial statements for ea¢hfrwicial yearWh￿h gNe a true and fair viewofthe stste ofaffairsofthe charitable company as at the balance sheet date and crf its incomww regA)urces and apF4icatK)n of resources including income and expenditure. for financiej year. In preparing those financial statements. the TrusteeslDirectors are required to: select suttable accoLmting policies and tI￿n apkly them consistenlty: makejudgements and estimates that are reasonabla ar4J Prudent propare the financial statements on the wng ccfflcem ba￿S unless it IsiiaFvwiat8 to presume Organrsatl￿ will continue to operate,. and state whether applkable UK accounting standards have been following. suLyect to any material drfferences disclosed In fhancial statements. The TrusteeslDlrectors arè responslblè for keeping proper accounting records which disclose wth reasonable accuracy at any time thè financial position of the charitable compary arKJ to enablo them to ensure that the financial statements comply with the Companies Act 2006. TFW are also re$F(T￿tle fcf safeguarding ￿ assets of the charitable company and herKefortaking reasonabb steps forthe preventw and detsGti￿ of fraud or other irregularities. This report has b88n Kxepar8d in aCCordar￿a wlih thÉ s￿101 provision of Part 15 of the Companl8S Act 2006 relating to small entiti8s and wrlh the Statement of Recommended Practice -Accountlng arn Reporting by Charities (SORP 2019). Approved by the Trustees on 2023 and sign&J on their behalf by: 11 AGE CONCERN READING trading as Age UK Readlng statement of I￿orne and Expénditurè For tha yéar ended 31 March 2023 Company No: 04750114 Charity Number 1103557 INCePENDEMf EXAMINERS REPORT TO THE TRUSTEES OF AOE CONCERN READING I report to the trustees on my examination of Ilk account5 of Age Concem Readlro tradlng as Age LK Rèadlng forthe year ondeA 31 March 2023, which are sèl out on p4e$ 1-22. Thls roport Is made sol•ly to th• ¢hadty$ ￿$tse$. a$ a body. In ar£oldan￿ wlth Regulalon 31 oftho chart0￿ I*xLxunts and Papotsl Règulaljons 2008. Mywork has bèen undertÈken so thot I mlghtstètè to thé eharfty$ thJstè•a th08é mattèrs l am r•qUIr￿ to stat& k) them in an ind8P8ndent eX8minerfs r8POrt Bnd forno 0th8r purp08e. To lh8 full8St 8Xtent pennitsd by law, I do nota¢¢ept or8ssume rosponslbllwkn anyone otherthan the ¢harfty8 Iwstoes as g body, formy WO￿ forthl8 r8porL orforlhe statsmènt I h•¥• mado. Ro$pon$lbllltlos and bas1$ for raport As th8 charity's truste8s of thè cornpany {aThJ also its ditect0￿ for the purposes of company lawl you ar8 responsibl8 for the pr8paTalion of the accoLFnls in aCCordar￿e wlh the requirements of the Componles A¢1 2Cth8 Clh8 Aol'l. Having satisfi￿1 mysdf that the accounts of t￿ company are not Tequired to be audit8d under Part 16 of t￿* 2006 Act and are eligible for indepwkyent examln8tlon, I report in respect of my ￿¥mir*I10n of your charity's accounts as caThied out under se¢tion 145 of lh& Charities Act 2011 rthe 2011 Act'l. In wiThJ Ol￿ my gxamination I have followed ts Dir￿n$ 9iven by the Charity Commission uThJer section 145151 Ib} of tho 2011 knt. l￿d•P￿d0nt •x*nln*s stat•m•nt I have compl8t8d my ￿xaMInation. I conf irn that no mat8rial mattars hava ¢ome lo my atlgntion in con￿¢t{on wlh th9 examination giving me cause lo believe- 8CCOLmting records were not k8pt In respect of tho company 88 required by section 386 of the 2006 Act. or 2. thè aocourrts do not accord wth t￿89 recoffls,. or 3. the accounts do not comply with the 8ccounlirwJ requirements of section 396 01 the 2006 Act other than any requirement that the accounts give a Inje and fairview which is ￿1 a matter considered as part of an indepeTrJent examinalKJn'. or 4. the ￿COUnts have not been Pfeparod in 8ccordancewth the method88TrJ principlesofthe Statement of Recornmend&l Pracllcg for accountlng ond roportlng by Gharftles appllcablo to charftlgs propatlng tholr 8ccounl$ In accordance b%lth th& FInar￿la1 Reporting StaThJard applicabl8 in the UK aThJ Republic of Ireland (FRS 1￿2). I have no co￿0m$ and have come across no other matter5 in connection wth thg examination to ￿kn1¢h attention shoukl be drawn In th1$ report In order to en8ble a proper understandlng of accounts to be reached. DocuS&ffl•d by.. Heather Whedhouse AC4 BDO LLP Brrstol. UK D4154ED75D45453 21 December 2023 BDO LLP 1$ a Ilmll¢d 118bllty partnershlp reg18t8rod In ErKJland and Wales ￿th wlsler&J number OC3051271. AGE CONCERN READING - trading as Age UK RewJing Statemènt of Income and Exkxndlture For thè year erKled 31 March 2023 Company No.. 04750114 Charity Numbar 1103557 Note8 Unre8trf¢ted Funds £ Restrided Funds £ Totsl Funds Totsl FU￿lS £ 2022 2023 INCOME DOna￿On8 ar￿ Leg￿leS Investments 18,030 198 18.030 5.140 75 Grants 12,Cl)O 51,f20 63.720 97,207 INCOME FROM CHARITABLE ACTIVITIES Readlng B0￿ugh cour￿[1 T8nd8TS Activity clubs income from clk?nts Income from projects Inwme from shopping service 51,868 4,062 75.144 1,310 51,868 4,062 75.144 1,310 110 61,255 Totsl In¢omg 162.612 51.720 214,332 167,750 EXPENDITURE Chwitable Expenses 209,435 258,838 19).545 Total Expwbdlkn• 209,435 49,402 258.838 19).545 N•1 {EX￿ndItUr•I 146,8231 146.8231 2,318 2,318 144,5051 {44,5051 122,7951 122,7951 Ilrt mov•m•Trt of funds R•conclll•Uon of Funds: Balarw4 as at 1 Aprll 2022 .413 29,748 120,161 142, Balan￿ at Marth 21ll3 43. 32.066 75, 120,161 AGE CONCERN READING - trading as Ag8 UK Reading BALANCE SHEET as al 31 March 2023 Company No.. 04750114 Charity Number 1103557 2023 FIXED ASSETS TarvJible wets Investmwts CURRENT ASSETS Debto Ca$h at Bank and In Hand 6.617 3,481 137,401 101.711 140,882 LIABIUTIES.. Amounts famiry duewthin on8 y8 126.057) {20,722) NET CURRENT ASSETS 75.665 120,160 TOTAL NET ASSETS 7&656 120,161 FUNDS uN￿striCted Fund Reslri¢tthJ FurKt 43.590 32.066 90.413 29,748 10 75,656 120,161 The Dlrgctors $*18fled thattr*charftable Gompany entttbj to ex8mpllon fmm the prnvisions ofthe Comparleg Act 2006 Ith8 Act) r*l$ling lo audit of the fIn￿la1 $tatemgnts fortlw yw by virtue of seCt￿n 477. arnl that M￿berOr members have requested 8n wdlt pursuant to section 476 of thg Act. The Dlrectors acknot*Aedge their responsibilities for. 111 ensuring that the Charitab￿ company k*pg adequate accounlirg records vthl¢h comply wth s￿￿On 386 of Act., 111} prep&lng fin￿181 statements which give a true and falr vlew of tl* statè of affairs of the ¢harfl8ble compary as at the of thg f inanclal year al￿ of rts results for th9 f Inanclal yoar in ￿e0rdance %Mth th¢ Teqiirements of $￿tIOnS 394 aThJ 395. and b%thich othejwse Comply w7th the requiromants of tha Aet r818tlng to f inancial slat8m8nl$. so far as applScabl8 to thè charitabl8 comp8ny.' and 1515) Th8$0 flnanclal statements have been prepored Sn acco￿anCe ￿th th6 special PTovls1o￿ of p8rt 15 of thè COmpan￿S Act 20[￿ relating to sm811 companiès. These linanclel statements were 8ppmv8d by the Boa￿ of TR￿te85 and authon"z8d for issua on2111212023and slgned on Iheir behalf by J ￿lkInSOn {ch￿￿lan) wstg?) Th• not•• on pag•8 15 ts 22 ft•mi part of thmo fin•nGial stal•m•nts. 14 AGE CONCERN READING - tra(fing as Age UK Reading NOTES TO THE FINANCIAL STATEMENTS the ye8r ended 31 March 2023 C￿PanY No: 04750114 Charity Number 1103557 AccouKfiNG POLICIES •> Basls of AC￿￿￿tIng Agè UK Readlng Is a wlslered charfty and public benefit entlty. nurnber 1103557, ard a charitsble company limtted by guaranteg, wnbor 04750114. Incorporat￿ in England aThl Wales. The addre85 of its rogist8r8d office is Watford Hall, Carey Street, Readino RG1 7JS. Th8 financ181 8tatema)ts have been prepwed Lmder Ihg hl$torlGal cost Gonvenllon wth itèms r•cognised at cost or ITar￿aCtIon Value unless $tat&l Oth0￿58 In tho r8kvant rntelsl to these accounts. The f Inal￿181 slalements have been pwared accordance ￿￿th Accounting and Reportlro by Chat1tles: Statem￿1 of R8commonded Pwtl¢e appllcable to charit￿ preparing th￿r &counls in accornlance wllh flnancial Reportirvj StaThJard applicab￿ in tho UK R•publl¢ of lrnland IFRS 102) and the Companies A¢1 2006. Thè chartty Is exempl from tax on Income ￿ galns falling vAlhln $a¢tlon 505 of theTaxe8 Act 1988 or SectN)n 256 of the Taxallon of Chorg8abl8 Gains Act 1Y92 to the extent th4t thos• ar8 appllod lo Its chaiitabl8 obj8Cts. A separate Income a￿1 eXpe￿Ilture o￿Oun1 has nc*t been prepared as the information required bythe Compani8s Act 20(￿ is given in the Statement of Financial A¢livllles arnl in notes of the notes of the flnaTKlal statements. The fInar￿le1 statgm8nts have been prepared int Stsding and arn rOur%1￿ to the nearesl pound. The Trustees consider that there 8re rN) materJal ￿¢￿tsInt1¢s a)oul tho charitsble company's abilty to continue as a goirvJ concem. Th8 Board of Truslegs hav8 considered the wothing capital aThJ cashflowrequlremgnt$ and cortsiderthal the current and for￿aStca8hrestsuTc88 ar8 sufflcienllocov the working capital requirernents of the Charity forat least 12 months. h8ve tharefore continu8d to adopt the going concem basis in preparing theii f Snancial Statements. At the tlrne of OPPToving the aGcounts, tn￿l￿e5 havo 8 reasonablg 9xp￿st10n th81 the charfty has adequate resources lo ￿ntInue Sn op¢rallonal ex5$t￿¢t for the for85eeable future. The trustees have prppared a st￿$ lest grvj this confinns that should no further irKome bè recefved, lapart from ¢ontra¢ted income and income from an existlng service). the chadly 18 able to meet Ilabllktles as Ihey falldueforat least amther 12 monlltslrom the dateof apP￿Val of tha financial statements. The charfty Is confident that further furnls will be received by mgans of grant donations but ￿ account has b88n taken of this expectsllon. trustees believe that whilst there is uncertainty, thls does not pose a materfal un¢ertainty on the charity's abillty to contlnu8 88 a goirKJ cO￿8m. The IM8lees Iherefo beI￿ve that it is approprfale to prepare the accounts on a golry CO￿¢M basls. b} In¢om• All income is in¢lL￿•d In stat8m8nt of financial activiti8s when the ChwItab￿ compwry 18 entit18 to the Inoome and the 8rnOLmt can be q￿fitIf18d ￿th reasonab￿ acCu￿y. Thg follovln9 SP poli¢i¢s are 4)plied to particu18r categorfes of Income. Volunw i￿ome is reL￿Ved by way of donatlons and glfts and Is In full In the statement of financi81 adNilies vthon ￿￿vab￿. Income from charitable activltles rolatfr to grants. tho$8 arg rgcordgd %sthen the ch￿itab ¢ompary b•com8s unconditionally 8n11t￿ to the grant. 15 AGE CONCERN READING - trading as Age UK Reading NOTES TO THE FINANCIAL STATEMENTS For the year eTrJed 31 March 2023 nv8stmenl Income Is ine en All olhgr i￿ome is Word￿ inthe stalgmgnt of fin￿¢191 a¢tNrties weFV8ble. Govemment grants are recognised ￿en it is reasonabl8 lo expect that the grdnls wll bg received arnj that all related coNlttions will be mèt usuatly on 8￿MISsion Of a valid claim for paym&nt. Compary No: 047S)114 Chaiity Number 1103557 (Iv) {v) c) EXpendI￿r0 ExpendKure Is recogn1￿1 on an accw￿ b8sI8 a8 8118blllty18 Incurred. ExpendltW8 Includ88 ary VAT vhvch cannot be fulty recovered. and is report&1 as part of the gxpenditut& to vthich it telates: v) arflable exp￿dIt￿re comprfses those costs [r￿u￿9d by th& charft*Jl8 comp￿￿ In the d911v8ry of acllvltlas and sorylcos. tt Includes both costs thot can be allocat9d dIr￿llY to Such activities and those costs of an iThjir￿1 natur8 nec8ssary to support them. i) Govemance costs Includelhose costs 088oclale(I wlth meellng the constl1uu0nat￿KI stalulory r9qulr8M￿lS of tha charitable company and Include Indap8ndenl ￿aMinerS f88s and costs linked to the strategic management of th8 charitabl8 company. All costs are allocated amoNJ the expendlture categories In the statement of flnwKial actlvhkg on a basls dasogngd to T8floGt the use of th8 r8sourco. Costs relatirMJ to a partlcular ￿l1vty are allocated dir8cIty. Othe￿ are apportioned on the basis of employment Costs per activity. d> Ax•d Asmts Flxod asset8forcharlty Use are ¢apllalised at Cost. that C08tl8 £1,0￿) orhljherl vthen 8cqulred or market value as detemiined by the DIreGIoTs￿￿steeS vtsre don8ted. Th8y arg st8lp)Y in th8 flnanGSal slalgm9nl$ al orfglnal cosUvalu91oss dep￿latIOn. •) Valuallon of Inveslmeb)ts Investments in 8ubsKliaries a￿ measured at cost less accumulated wnpaiThnent. fj t*r•¢l4tlon Depreclalion of ￿9ible a$$ets 1$ provlded In 0￿er to vrtite off e8ch asset over its estimated usef IKe. Flxed assets that hove been cryllallse(l are depreclate(l on a 20% 8tral9ht1Sne basss. gl Fund A￿0U￿11ng Unrestricted fLwwJs are donatiorts and otherlncomlro ￿$oUrCeS recefvable orgenerated forlho obJec45 of the charitable company ￿thOut further specific purpose and are availab￿ as general funds. Restrfcled funds are $ubj&l to rgstrictlons on their expenditure imposed by the domr. h) I￿￿tment and Bgrrowlng The charity's funds arn hald in commeyeiol banks 8NI buildiry soei•ties No investment is mad& in stocksand shares. Nominat&J deposlltakeTS are approved by the Board of Tn￿lees. The charity d not currently have bo￿￿￿ngS. Should the nè8d a￿$9 for borro%%ings. boThowgrs ￿OUld be approved by th8 Boa￿ of Twst80s. i) Operatlng Lth Rentals applicable to opernting leases are charged to the stat￿ent of fina￿la1 activities over the period h the cost is incurred. J) Flnanclal In8trum•nts The charfty only erth Into baslc f inancial Ir6truments trarsacllons that result In th8 recognltlon of flnanci81 assets 8nd liabilities like trade aThJ other debtors and crediiors, loans fmm banks and ollwr third partlos and ans to partias. AGE CONCERN READING - trading as Ago UK Roading NOTES TO THE FINANCIAL STATEMENTS F￿. pollel•s and soure•s ofe5limationGow￿mtWO. 04750114 h the ￿p1S¢8t10￿ of the Charfty's accountlrYJ pollcles, ttuslees ore requSr&J to make judgements, estimates and a$$umptions about the caryiro 8mount$ of as$ot$ and liabilities that are not readily appaTrnt from other sources. Th& estimates anfj 8s$0¢i8ted assumptior￿ are based on hlstorfcal eXperfe￿e aThJ other fadors thd are ¢on8ldered to be relevant. Actual results may drffer from th688 estlmales. Th& estim*e8 and uThje￿Ing ￿SumptIons01e revIe￿I on an orgolng baslg. Revl8lon8to accountlw estlmates are recognised in the perfod In wttich the estimatè is rèvised if the revlslon affects only that period or In the pertd of the revSsion and fulw9 poriods if Ihe reviS￿n affects both curMI aThJ fulur8 pgriods. Ihere were no judgemenl orma1￿@1 estimatlon uncertaintles aff￿tk¥d thè raported financlal pgrfomonco In th9 current or prior perfod. 3 GRANTS RECEIVABLE Unro￿1¢t•d R•¥trir Total 2022 2023 R8•Jing Borough Council Age UKBr8nd Partr)er p8ymont Age UK Cost ol LI￿n9 e UK MCST Awards ForAII Olher Berkshlr9 Commurllty FoUndat￿n Get BeTk$hirg Active CoTon8virus Job Rel￿t￿on Scheme Homeshwe GoiThJ Mobile Coronbtion Ramaytbered Er*Jlefield Charitable TrLtsI 65.37T 10,305 10.( 10.000 10.000 22.111 10,000 2,573 15,¢X 4.085 9.965 4.816 4,815 2.000 12.000 51. 63,720 97.207 4 RESOURCES EXPENDED Charftable Expw)dllur• charltablg Gov•man¢• Total 2023 Total 2022 Sl￿f 213,866 213,866 158.361 PNnises Offlc8 Other Independent eX24nlngV$ f88 15.456 3,524 22,860 15.456 3,524 12.759 3,730 13,055 3,132 3.132 17 AGE CONCERN READING - tradmig as Age UK Readlng NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2023 Company No: 04750114 S STAFF COSTS 2022 w￿eS and salaiias Soclal S￿￿rtty costs Penslon contrfbuilons Oth6r costs 187,608 11.311 4,407 10.540 152,396 3.208 213,868 158,361 Average number of employees in the year Thg totsl amunt of b￿￿fit relatlng lo key m￿agement perBonn81 for the year £39,591. employ80 roG￿V￿d ben9flls of more than £60.(KJO. )no of the T￿le8S receive any benefits. No paym8nts12022: £Nil)vKro ma￿et0 T￿Mbu￿• th9 TNslo95 for out-ol-pocket expense8. 22 24 6 TANGIBLE FIXED ASSETS Equlpmonl Cost Balan¢e at Aprfl 2022 Additions 3.282 Balance ot 31 March 2023 3.282 Awimulra•d Depr•¢l•don Balance at 1 Aprfl 2022 3.282 Balanu at 31 M•r¢h 2023 Net Book V•lue Al 31 March 2022 At 31 March 2023 18 AGE CONCERN READING - trading as Agg UK Reading NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2023 Company No: 04750114 7 INVESTMENTS follo￿ng 1$ a subsldlary undert8klNJ of the charity.. Nam• class ofsha Holdlng Age UK Readlng Tradlng Limilod Ordinary Al th8 year 8rYl. thg above-n￿nQd compary had not commertad Ir&Jiro h9$ re5eryes of £1. Yeglsternd off Ice of the 8ubsldlary bs WaKord Fbll, Corey Street. Reading, B8rk8hire, United Kirydom, RG1 7JS. 8 l￿BTORs Accotmts r•coiv4)1• Prepayments Grants T8c8ivable 1.298 4,997 6.617 3.481 3.481 9 CREDITORS Amounts falling du• within on• year: Trade Crodilors Other creditors Deferred income (see below) Accruals 1.511 2,640 5.136 12.946 18,963 26,057 20,722 D•f•rr•d Incom• Brought forwarrl Grants ￿￿aSed from previous reportiro pwiods Gmls deferT&J in current rgporting period 5.136 15,136) &136 {5,1361 5,136 Canl&J fOn￿an1 5,136 Defernd Incoma Is made LP of grant income inte￿Jed to support Swvlces provlded over a 12 month p8ri0d. 19 AGE CONCERN READING - trading as Ag8 UK Reading NOTES TO THE FINANCIAL STATEMENTS F¢y the year ended 31 March 2023 10 ANALYSIS OF NET ASSETS BETWEEN FUNDS Company No.. 04750114 G•n•ral Re8trfct Total )n-Currerl agsets Current assets CrerJllor8 101.711 {28,057) (26,057) 20 AGE CONCERN READING trading as Ap UK Reading NOTES TO THE FINANCIAL STATEMENTS For tre yéar 8ndad 31 March 2023 Compwy No: 04750114 10 ANALYSIS OF NET A8SETS BETWEEN FUNDS {copillNUEDI 2022 G•n•ral Total )n-QJrrent 888818 CuThonl assets 1)8drtors 111,134 120,7221 29.748 140,882 120,722 9).413 29,748 120,161 11 FUNDS Balanco at 0110412022 Incornlng Resourc05 Exponded Trnnsfer to unr•stri¢tsd Balan￿ at 3110J2023 Fund$ Restart 4,1KJO 11.IXIOI Goirwj mobi 4,815 14,8151 Coronatlon rorngmberod {4.344} Age UK C081 of living Age UK MCST Age UK Retair Awards for all 10,0 10,000 121110) 15.000) Fbmeshare 6,687 {6,68n Community arn Voluntary Grnups 19.061 19.996 g,C67 748 51,720 {49.4021 32.066 R¢S￿¢t•d Fund• Balance at 0110￿2021 Incomlng Rosourc•s Rejourr Expendod Transf•r to unro•trl¢t Balance at 3110312022 8èfri•nding Infomotion arml Advi¢0 RMtart Francis nham Trnst Hc)meshare Community and Voluntary Groups 15,585 {15.5851 19.316 119.316) 15,O)01 4.745 (8.OZ3) 19,061 19,061 Nof• tot•l$ may b• affo¢fvd by roundlng AGE CONCERN READING - trading as Age UK Roading NOTES TO THE FINANCIAL STATEMENTS For year ended 31 March 2023 Company No: 04750114 Purpose of the rn•tricted ￿nd# 8efil•ndlng Repres￿￿¥ grart ¢ontrfbutlon$ from Readkng Borough CoLmcII plu9 ong other dory)rto￿￿dS tho cost of provldlng th18 8ervice. InfomiaLlon Advl¢o ReP￿￿ts grant ¢Onl￿bUt10ns towa￿$ thg cost of p￿vId1￿j thSs s8Thlce R•seart Rq>r6sents grant corrtfibutlon towards th8 Cost of ravopening actNlty club #￿ice. Communlty •nd Voluntary t3raups Represent# grnnt Contrib￿on towards le￿oper￿ng actlvlly club $eNlce. Hom•sharn Ropw•*$ grart contribution towanls tho ¢08t of pffjvidiThJ thi8 s•ivice. Francls Wlnham Trnst Repres￿ts conlribuiion towards off ice re4ocation costs. Balance at 110412ty22 Incomi Resource# Transhr I￿n funds Balanc• at 3110312023 Funds Exp•nd•d Désignat￿1 FurKIs 21,1n 69.235 {21.178) 21,178 162.613 209,436 43.59J Pu￿•s• fund TOTAL 1,413 162.613 2Ce.436 Unrestrf¢tsd Funds Balan¢e at 0110412021 In¢omlNJ Resourc Resourc Expènd Trnnsf•r bthn nds Balan¢• at 3110&12022 Designated Funds 24.834 113.37T 3,963 90.860 (7.6191 1135.0021 21.178 69.235 Gen8ral purpose fund 42,621 90,413 Th& 08signat8d Funds %swe establishod in 2016 to develop exSstlng servlces l¢Jentrfy new 8eivice8 to In¢re88e thè ir￿0M8 of Ag8 UK R8adiryJ. Whilst we retain the entrgpreneuri81 spiril 8nd deslre lo develop w9 feel it pnjdent lo r8allocat8 these funds lo our main reserve until the position is further rgGovergd. 11 RELATED PARTY TRANSACnOMS DuriNJ th& yoar th¥ Charity rs¢eived paymonis lolaling £37,56012022: £10.(￿70) fmm Age UK. In addition, a g￿1 was du8 to be received year end of £4.997 from Age UK. paymgnl$ hav8 been m￿8 to TnJ¥tee8 and thern *er8 no othw ffj1at￿ p8ty transactitin$ durir¥J tho yew or prior year. 22 ## **Certificate Of Completion** Envelope Id: D83FA9D0D30C4A86A1446B6688A9B9B4 Subject: Attachment for DocuSigning : Age Concern Reading Document Type: Other Assurance Report UK Companies House Number: 04750114 Year End (DD/MM/YYYY): 31/03/2023 APT Eng. ID (Mandatory for all audit reports): 00000000 Source Envelope: Document Pages: 22 Signatures: 1 Certificate Pages: 1 Initials: 0 AutoNav: Enabled EnvelopeId Stamping: Disabled Time Zone: (UTC) Dublin, Edinburgh, Lisbon, London Status: Completed Envelope Originator: Georgina Cadwell BDO LLP 55 Baker Street Westminster, London W1U 7EU Georgina.Cadwell@bdo.co.uk IP Address: 163.116.177.51 ## **Record Tracking** Status: Original Holder: Georgina Cadwell 21 December 2023 | 14:58 Georgina.Cadwell@bdo.co.uk Location: DocuSign **Signer Events Signature** Heather Wheelhouse Heather.Wheelhouse@bdo.co.uk Partner BDO LLP Signature Adoption: Pre-selected Style Security Level: Email, Account Authentication (None) Using IP Address: 163.116.177.51 **Timestamp** Sent: 21 December 2023 | 15:00 Viewed: 21 December 2023 | 15:07 Signed: 21 December 2023 | 15:08 ## **Electronic Record and Signature Disclosure:** Not Offered via DocuSign |**In Person Signer Events**|**Signature**|**Timestamp**| |---|---|---| |**Editor Delivery Events**|**Status**|**Timestamp**| |**Agent Delivery Events**|**Status**|**Timestamp**| |**Intermediary Delivery Events**|**Status**|**Timestamp**| |**Certified Delivery Events**|**Status**|**Timestamp**| |**Carbon Copy Events**|**Status**|**Timestamp**| |**Witness Events**|**Signature**|**Timestamp**| |**Notary Events**|**Signature**|**Timestamp**| |**Envelope Summary Events**|**Status**|**Timestamps**| |Envelope Sent|Hashed/Encrypted|21 December 2023 | 15:00| |Certified Delivered|Security Checked|21 December 2023 | 15:07| |Signing Complete|Security Checked|21 December 2023 | 15:08| |Completed|Security Checked|21 December 2023 | 15:08| |**Payment Events**|**Status**|**Timestamps**|