Age Concern Reading
(trading as Age UK Reading)
Annual Report and Financial Statements
Year Ended
31 March 2025
Company number: 04750114
Charity Number: 1103557

Age Concern Reading
(trading as Age UK Reading)
(a company limited by guarant88)
Cont•nts
Contents
Pages
Trustees. Report
Independent Examinerfs Report
Statement of Financial Activities
Balance sheet
10
Notes to the financial statements

Age Concern Reading
(trading as Age UK Reading)
(a company limited by guarantèe)
Contenls

Age Concern Reading
(tr>Jing as Agè UK Readin9)
(a cthmpany Ilmlted by guarants8)
Trustees, Report for the Year Ended 31 March 2025
The Trustees being also Directors of the charitable ￿Mpany, present their Truslees, report together with
the financial statements for Age Concem Reading (trading as Age UK Reading) for the year ending 31
March 2025. The report complies with Ihe Charilies Act 2011. and the Directors. report as required by
section 415A of the Companies Act 2006. The financial statements compty with the requirements of the
Companies Act 2006. the charitable CoMpan￿S Articles of Association and the Charities Statement of
Recommended Ptactice (SORP FRS 102 effecttve 1 January 2019).
Reference and administrative details of the charity, its Trustee5 and advisers
Registered namo
Age Concem Reading
(trading as Age UK Reading)
Trustees
Mr J Wilkinson (Chair)
Mrs K Bews
Mr G Lighrfoot
Ms E Riches
Mr B Shrestha
Ms J Wedlock
(resigned 26 November 2024)
(appointed 30 July 2024)
{appointed 30 July 2024)
(appointed 23 June 2025)
Registered Charity Number.
Regislered Company Number:
1103557
04750114
Registsr•d Offico
Walford Hall
Ca￿Y Street
Reading
RG17JS
Independent Examiner Jason Foxwell
12 Hillboume Road
Poole
BH17 7JB
Bankers
Co-operative Bank PIC
PO Box 101
1 Balloon Street
Manchester
M60 4EP
CCL4 Investsnent Management Ltd
COIF Charity Funds
Senator House
85 Queen Vlctorla Street
London
EC4V 4ET

Age Concem Reading
(trading as Age UK Reading}
(8 company Ilmlted by guarantee)
Trustees. Report for the Year Endod 31 March 2025 (contlnued)
Structure. governanrA and management
Age Concem Readlng was incorporated on 1 May 2003 and registered as a charity on 30 April 2004. The
chaiity is a charitable company limited by guarantee (company registration number 04750114) and
registered with the Charlty Commissioners as a chaiity on the same date (chaiity reglstration number
1103557).
The financial statements comply wrth currenl statutory requirements, the Memorandum and Articles of
Association, applicable Accounting Standards and the Statement of Recommended Practlce Accounting
and Reporting by Charities SORP FRS102 and th8 Companies Act 2006 and the Charities Act 2011.
The Twstees are responslble for decisions relating to the stralegic direction of the chartty. The Trustees
meet around once a month to monitor the progress of the charity and to liaise on material rnatters with
one another.
To recrurt and appoint new charity trustees. V￿ advertise the role on social media, our website, and Ihird-
paty sites like Reach Volunteerlng and Reading Voluntary Action. Candidates have an informal chat with
the CEO and. rf suitable, meet with the CEO and Chaimian for further assessment. Successful
candidates receive an inductlon, covering key legal infomation and trustee training. They attend three
board meetings before belng considered as a trustee designate, with final approval at the AGM. There
are no external bodies entitled to appoint trustees. This process aligns with our constitutional provislons
and has proven effective.
Key management personnel are Chlef Executive Officer, Finance Officer, and service c￿ordInatOrS.
Risk management statement
The Trustees have examined the major stratsgic and op8rational risks which the charity faces and confinn
that systems have been establlshed to enable these risks to be managed to an acceptable level.
ObJectlv•s and actlvltles
The charity's object is to promote the welfara of older people within the greater Reading area.
The Trustees confirm that they have referred to the Charity Commission's guidance on public benefrt
when reviewing their aims and objectives and in planning future activities.
Infommtton and Advlce
Age UK Reading provldes this free, confidential, and impartial flagship service to older people, Iheir families
and carers. The Infonnation and Advi￿ seNS￿ Is available to anyone over the age of 50 in the Reading
area and is provided by t8lèphone. and email. We also take in querfes via our many other 58Tvices
throughout the year. Enquiry contscts for the year (April 2024 to March 2025) totalled 6,453 from 1425
clients. We continue to do more work with the funding for thls service staying the same since 2016. The
cases also contlnue to present as morè complex. The cost-of-living crisis continues to put both the
organisation and our Glients under increased pressure.
Pop In Coffee Mornlng
Our POP IN Coffee Moming continues to thrive and remains a much-loved activity among the local, older
people In the Reading area. We now regularly welcome behveen 15 and 25 attendees each week, offering
a relaxed and friendly environm8nt where people Can Come together to soclallse, connect. and take part in
a range of enjoyable activities, as w811 as enjoy a cup of tealcoffee and a blscult (or fv￿1)
We are fortunate to have the 8UPPOrt of five dedicated volunteers who generously give their lime every
Monday to run the sessions. Their commitment and energy ensure that everythlng runs smoothly. and most
importantly, that our members feel saf6, valued. and engaged. Feedback from our attendees continues to
be ovepNhelmlngly positive, with many exprèssing how much they look fonward to the club each week.

Age Concern Reading
(trading as Age UK Reading)
(a company Ilrnlted by guarantee)
The sesslons offer a varfety of fun and inclusive activitles led by our volunteers, including singing, quizzes,
arts and crafts, and games. Our volunteers also ￿lebrate members, birthdays and they each get a card
Trustees, Report for the Yaar Ended 31 March 2025 (contlnued)
to open on the special day.
Towards the end of last year the group was relocated to The Oasis Community Centre In Carey Street,
Reading. as Walford Hall was no longer available. The Oasis is a suitable venue and ca￿leS no hire charge.
The Centre is looked after by the Church and they have been very welcoming and kind to us. The change
has been wannly received. Our members describe The Qasis as a cosy and welcoming space that has
br￿gh1 the group even closer together.
In May 2025, we were delighted to collaLK)rate with Reading College, who reached out with a desire to
support the older community. POP IN members and volunteeTS were invited to the college where Beauty
Therapy and Hairdressing students provided a range of pampering treatments. including facAals. manicures.
and head massages. This lovely day out was made even more special with a delicious aftemoon tea
prepared by the college's Professional Culinary Arts students. The experience was a real treat, and kx)th
our members and the students of the College benefiied greatly from Ihe intergenerational connection and
care shar8d throughout the day.
We also CA)ntinue to welcome guesl speakers to the group. In the summer of 2024. the Citizens Advice
Bureau joined us to share information on Energy Help and other support seNices which are on offer. They
spent time answering questions and addressing any concems that our members had. We're pleased to
have a follow-up session planned for September 2025.
To round off 2024, POP IN and STAR memt*rs attended a Christmas Party at Leighton Park School. It was
joyful celebration with entertainment, ref￿$hments, and thoughtful, personallsed glfts for all. Our
members were made to feel truly special during the festive period, and we're thrilled that Leighton Park has
invitsd us back for another event in December 2025.
MCST Dementia groups
202412025 h8s been a period of exciting growth and development for our MCST groups. In June 2024. we
launched 8 new group in Caversham. held at St Luke's Care Home, bringing our total number of MCST
groups to four. These now include groups in Woodley, one in Coley (Reading), and the new addition in
Caversham. We're aiming to open a fifth group by the end of 2025, reflecting increasing demand and the
success of our current groups.
At present, three of our groups have 8 members, and one group has 6 members. Demand for our MCST
groups remains high, with 10 people currently on our vRiting list. and several upcoming tsster sessions
scheduled. These tasters are almost always successful. Clients consistently enjoy the experience. and
feedback from both them and their families is overwhelmingly positive. One significant change we made this
year was that we put the price of attendan￿ to our MCST groups up. This price increase was well received
by all family members. with many of them coming back to us and saying how much their family member
enjoyed the clubs and that it was money well spent.
Our MCST groups remain unique in the area. We run weekly sessions lasting 2.5 to 3 hours, offering mt
only Meaning￿11 cognitive stimulation and social connection for people living with dementia. but also respite
for family carers. This dual benefit is a key part of our servi￿.
We also have an excellent partnership with Readibus who play a key part in transporting our clients to and
frcxn all of our clubs. Readibus is also a big part of the attraction of our clubs. Their reliable and friendly
transp)rt service is not just a pradical necessity. ifs also part of what makes the club experience so
enjoyable. For many clients, the joumey Mth Readibus is a highlight in itself. The drivers are fanlaslic and
so kind to all our clients. Clients have the same time slot each )Neek, meaning they are on the bus viith the
same peopEe each week - this further adds to the social side of the experience, even before the session
beginsl Another added benefit Is thal, with Readibus doing ioumeys for clients, the perfod of resplte
provided to the family carer is extended, often up to four hours. This additional tlme can make a slgnmcant
dlfference to carers, wellbelng, relnforclng the dual benefit our Servi￿ continue to provide.
In Ilght of the substantial waiting times for NHS Memory Clinic seNices in Reading (currently up to 12
months), our MCST programme plays a vital role in providing timely, supportive engagement for individuals

Age Concem Reading
(trading as Age UK Reading}
(a company limlted by guarantee)
who Y￿Uld otherwise be left wlthout cognitive support during that long period following their dementia
diagnosis.
Truste•s' Report for the Y8ar Endod 31 March 2025 (continuod)
In April 2025, we carried out comprehensive Health and Safety audits and Risk Assessments across all our
clubs and venues, ensuring the ongoing safety of our clients. volunteers, and staff.
At the end of 2024, we said goodbye to on6 of our MCST Facililators who retired, and another Facilitstor
reduced her hours, having previously covered two groups. In response, we welcomed two new Facilitators
in December 2024, both of whom have settled in exceplionally well and are proving to be valuable additions
to the Age UK Readlng team.
Ongoing professional development and support for our team remains a priority. In July 2025, we held a
dedicated training sesslon for Facilitators and volunteers. led by a fonner Facilitator and retired Dementia
Nurse. The sesslon was well-received, providing participants with the opportunity to ask speclfic questior
and explore practlcal examples relevant to their groups.
Our MCST programme continues to grow in both ts reach and impact. The commitment of our team, the
enthusiasm of our cllents, and the continued damand for thts vitsl seNi¢e all demonstrate how essentlal our
MCST groups have become withirb the k)cal community.
STAR Group
TheSTAR Club (Stimulation, Therapeutic, Activlty, Respite) is for those living with long-term health
conditions who may find it difficult to get out. We offer a wami, welcoming space for people to connect,
share, and enjoy a variety of sensory, crjgnitive, and physical activities. Readibus transport is available for
clients (location and pass dependent). STAR group contlnues to be popular among our clients. We currenlly
have 13 members in our STAR group and several on the waiting lisL
In June 2024. Citizens Advice Bureau visited STAR to deliver an infonnative session on energy, which was
welkreceived by our clients. Later in the year, in September, the STAR group relocated to Coley Park
Community Centre following the closure of Walford Hall. Cllents quickly adapted, 8xpressing Paatisfaclion
with th8 new venue and were happy that they could continue to attend STAR.
December was a particularly festive month. Members of STAR Joined the POP IN group for a delightful
Christmas paty at Leighton School, which broughl together dients for an aftemoon of celebration and
connection. Also in December, through a partnership between Natlonal Age UK and Dunelm, clients from all
our groups received packaged gfft boxes containing items such as scarves, throws, and socks. These
thoughtful gifts were deeply appreciated and brought much Joy during the holiday season.
Clients particularty love the physical aGtMties of our STAR clubs. Laughter fills the room during games like
noodle football and fly swatter badminton. We are incredibly fortunate to h8ve such a tslented and
passionate tèsm of Facilitators and volunteers across all our clubs. Their creativity and energy bring our
sessions to life, Énsuring every visit is meaningful and fun for our cllents. It's their continued commitrnent
that allows us to offer high-quality, engaging experiences to okler people across the Reading area.
Happy Fe•t
Age UK Reading Happy Feet provides a local toenail cutting service to people over the age of 50, who need
help cutting their t08nails and do not need full chiropody sep11￿s. The feedback for this service is
overwhelmingly positive and we are aware it has a large ripple effect in temis of the wellbeing effects it has
through the community. The moment of human ¢ontsct and conversatlon at the appointment is looked
forward to by many of our clients. The improved condition of their feet empowers them to stay active and
connected to their wider community. There is also an obvious link to the preventlon of accidental falls. Sincè
lockdown in March 2020, we h8V8 gradually rebuilt the Happy Feet Service and Increased the number of
cllents we see. We lost a lot of clients in 2024 due to loss of staff but are back to approxlmately 650 clients.
We ¢ontlnue to book betrween 35140 new clients each month.
Our venues
The Weller Centre- Caversh8m (W88kly>

Age Concern Reading
(trading as Age UK Reading)
(a company limlted by guarantee)
Park URC - Closed 14 April 2025
Birches - WoodleylEarley (Weekly)
SoLrthcote Family Church - Southcote (Weekly)
NO￿eY'S Church- Wokingham - Reopened 12 February 2025 (every 3 weeks)
Trustees, Report for the Year Ended 31 March 2025 {contlnued)
We had 12 nall cutters In total in April 2024 and were working to build each session that we run to 4 cutters
per session and 5 and our busiest venues. However. we lost 5 nail cutters in May. June & July 2024. This
meant had to suspend our ServI￿S in Wokingham. however we reopened the venue at Norreys's
Church on 12 February 2025. We have since employed 2 new nail cutters and 1 a5 a bank staff member.
so we are back up to g.
We launched the Fresha App to help manage our Happy Feet service in January 2025. and this has saved
so much time.
Shopplng
When lockdown started in March 2020 it came to light that many elderly people were unable to leave their
home independently to go out and do their shopping as they had to isolate. So, we decided to set up a team
of trained and vetted volunteers who could go and SW for them. This was set up quite quickly and was
work in progress as we went along. We slarted with one shop and then built the service 8round the ne8ds
of the client.
After the first lockdown was lifted, we looked at the importance of the shopping service for clients who could
not shop for themselves and looked at ways that we coukl continue with this and offer it as part of the
AUKR serv1￿. We set In place a small shopping charge for those that want to continue to be supported by
AUKR and its volunteers.
The seDAce runs on a much smaller scale - now only shop for 2 clients on a weekly basis and have 2
shopping volunteers and plan to keep thls In place for these 2 clients who depend on the service.
Befrfendlng Servlce Annual Report: Aprll 2024- Mar¢h 2025
OveNiew
This year, our befriending service continued Its vltal role In addresslng lonellness 8nd soclal isolation among
older adults in the greater Reading area. Thanks to the dedication of our volunteers and the hard work of
the befriending team. we supported dozens of older individuals through regular visits and phone calls.
Volunteer Contributions
We ended the year with 63 volunteers, 48 females and 15 males. Their efforts resulted in:
106.622 minutes Total Volunteeriro Tirn￿ the equivalent of 2 months and 10 days
of continuous support.
1,760 Volunteer Reports Submitted
Submission of 123 actionable reports whith lead to well-being follow-ups by the team
We recruited 22 new volunteers in this financial year thal are still with us and 16 overall left so a net gain of
8. We are currently onboarding 6 new w)lunteers. but the demand far outstrips supply.
Befriendee Slatistics..
A total of 86 befriendees were supported to the end of March 2025 (59 female and 27 male) although 10
are on the waiting list awaiting volunteers in their respective geographical areas. In addttion, we had 13
befriendee deaths most of which spiked during the winler months.
The average Age of the befriendees remains at 82 years. We currently have an unprecedented number of
new referrals in progress. 16. predominanty from RG30 and RG4 postcodes.
This past year highlighted both the impact and the ongoing need for our befriending selvice. Despite the
loss of some of our befriendees. the dedicaknn of our volunteer team has ensured meaningful support for
many older adufts. The rise in referrals. particularfy in specific areas like RG30 and RG4. reinfO￿S the
Importan￿ of expanding our volunteer base and continuing our outreach efforts.
We extend our heartfelt thanks to every volunteer who has given their time, energy, and compassion over
the past year. Their contribution is not onty measured in minutes but in the meaningful relationships and the
improved well-being of those we seNe.
Befriending Team
Margaret Gardner and Andrea Swallow

Age Concern Reading
Itradlng as Age UK Readlng)
(a company limited by guarant88)
Trustees, report for tho Year Ended 31 March 2025 (continued)
Gardenlng
We now have 3 tNsted gardeners vmrking in the town to provide transparenlly Pri￿ and accountsble
gardening services to our local older people. In addition to gardening they provide a friendly presence around
the home and can act as a conduit to our other serthces, both making clients aware of what we do, and
making us aware rf they are worried about a dient.
Homeshare
We made considerable fijndraising efforts to fund a co4)rdinator for this service this year, but so far we have
not been successful. We contlnue to assess expressions of interest in Ihe service and will continuè to seek
the funding to properly allow this SeN1￿ to flourish in it's own righL
Carors Infomiation and Advlce
Since November 2022 we have held the Carer's Informatlon and Advlce contract alongside our partners, Age
UK Berkshire. Communicare and Reading Mencap. At the time of writing we have just been infomied that we
have been suc￿sful In securing this tender again until at least 2028. We have devalop8d and improved Ihe
service significantly since then and continue to do so. We re￿iVed 237 referrals in the last 12 months and
found that many of the dients are in dire need of help and at their wits end. We receive regular positive
feedback and continue to worf( with partners and RBC to improve the seNice. In the next period we intend to
work with our partners within Ihe partnership, and RBC to manage the ever growing case load and worf( (
an improvement in communications betwe8n us and the Adult Social Care teams at RBC.
Partnership Working
We continue to value our cknse partnerships with other local charities in the area. We continue to be active in
the Readlng Dementla Partnership, the carers steering group, RAN, and othar local acbvist groups.
We also continued to work in local funding partnershlps thSs year, worklng wlth others to deliver
contracts through the Councils "Ch)sing the Gap. funding round. We have successfulty applied for
tenders, Carers Support Se￿1￿ and Agelng Well, which we will deliver in partnership with other local
charities. We value the strength that comes from unity as well as the highly valued expertise thal our partners
bring to the table. Without our partners we t￿Uld not providè thè comprehensive and holistic service that we
offer to local people.
Volunteers
Our volunteers are frankly amazing. They support and inject energy and passion in to evèry part of Age UK
Reading. We could not operate withoLrt them. At the time of writing we have 96 acfve volunteers, a sharp rise
from previous years. Most of our volurkteers are Befrienders but they also fulfil important roles in the delivery
of our Dementia and Star Clubs, our Happy Feet service where they do admin and bookings, our Pop In
coffee morning. our IT support, and of course our trustee board. We would like to take this opportunty to
thank our volunteers for all their hard work and passion again this year.
Flnanclal revlew and reserves policy
During the year the charity received total income of £294,532 {2024: £307,379), of which £111,693 {2024:
£145,066) was from income generatiw services.
Resour￿ expended for the year totaled £288,310 {2024: £278,819}.
The reserves at the year end were:
31 March
2025
85,157
25,279
110.437
31 March
2024
93,609
10,606
104,215
Unrestricted
Restri(led
Total

Age Concern Reading
(trading as Age UK Rèading)
(a company Ilmitsd by guarantee)
The policy of the charity is to maintain total unrestricted reserves. at a level of 12 months expenditure. Th8
current level of unrestricted reserves represents 4 months. The charity plans to incr8858 the 18v61 of
reserves over future periods to return to the target level. The strategy to athieve this is through a mixture of
fundraising and growing the income generating aclmties.
Tru8tee8' report for the Year Ended 31 March 2025 (continuod)
Plans forfvture
In the future, the charity plans to enhance our fundraising efforts and expand activities that generate
income.
Going Concem
At the date of approval of these fin8n¢ial ststements. the Ttustees have perfomied an assessment of the
company's cash position and forecasts which considers a period of at least 12 months from this date of
approval. The Trustees consider that there are no material unGertainties about the charitable companYs
ability to continue as a going con¢8m.
Trustees, responslbllltles in relation to the financial statements
The Trustees (who are also the Directors of the charity for the purp088s of company law) ar8 responsiblè for
weparing the Trustees, Report and the financial statements in accordan￿ with applicable law and
regulations.
Company law r8quir8s the Trustees to prepare financial statements for each financial year in accordance
with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and
applicable law), Undèr company18w th8 Trusteès must not approve the financial statements unless they
are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, including the income and expenditure, of the charity for that period.
In preparing these financial statements. Ihe Trustees are required to:
selecl suitable accounting policies and Ihen apply them consistently;
observe the methods and principles in the apFlicable Charities SORP;
make judgements and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any materlal
departures disclosed and explained in the financial statements:
prepare the financial statements on the going COn￿M basis unless it is inappropriate to presume that
the charity will wntinue to operate.
The Trustees are responsible for keeping adequale accounting records that are sufficient to show and
explain the chariws transactions and disclose with reasonable accuracy at any time the financial position of
the tharity and enable them to ensure that the financial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of Ihe charity and henc8 for taking r8asonabl8 st8ps
for the prevention and detection of fraud and other irregularities.
Approved and signed on behalf of the Trustees on...
Mr J Wilkinson
Chaimian
10

Age Concem Reading
{tradin9 as Age UK Readlng)
(a company Ilmlted by guarantee)
Independent Examiners, Report to th• Trustees of Age Concern Readlng
for the Year Ended 31 Illarch 2025
I rèport on the accounts of Age Concern Reading (the 'charitable companf) for the year ended 31 March 2025.
Respoctlvo responsibiliti•s ot trustees and examiner
As the ¢hariVs trustees (and also its directors for the purposès of company law) you are responsibb for the
preparation of th8 accounts in accordance vAth the requirements of the Companies Act 2006 (the"2006 Acr).
Havlng satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent éxamination. I report in respect of my examination of your charitable
compan￿$ accounts as carrf8d out under Section 145 of the Charities Act 2011 (the .2011 Acf). In carying out my
examinatlon I havé followed the Directlons glven by the Charity Commlsslon under sedion 145(5)(b> of the 2011 Act.
Independent examinerfs statement
Since the charlty's gross in￿rne exceeded £250.000 your éxaminer must be a m8mb8r of a body listed in section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the
AssociatM)n of Chart8r8d Certified Accountanls {ACCA) and the Association of Charity Independent Examiners
(ACIE). b¢)th of which ar8 listed bodles.
I have completed my examination. I confirm that Th) matters have Come to my attentlon In connectlon with the
examlnation giving me cause to belteve that:
accounting records were not kept in respect of the tharitable company as requlred by section 388 of the
2006 Act." or
the accounts do not accord with those records. or
the accounts do not comply wlth the accounting requlrements of se￿10n 396 of the 2006 Act other than any
r8qulrement that the accounts give 8 Irue and fair view, vthich is not a matter considered as part of an
independent examlnation- or
the accA)unts have not been prepared in accordance with the methods and principles of the Statement of
Rewnmended Practice for accounting and reporting by charities.
I have no conoems and have come across no other matters in conn8Ctlon wlth the examination to which attentlon
should b8 drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jason Foxwell FCCA FCIE
12 Hlllbourne Road. Poole, BH17 7JB
Date: 25 November 2025
11

Age Concern Reading
(trading as Age UK Reading)
(a company Ilmited by guarantee)
Statement of Financial Activities
(combined income and expenditure accounl)
For the Year Ended 31 March 2025
Totsl
Funds
2025
Total
Funds
2024
Unréstrlcted
Funds
Funds
Donalions and Legacies
Investments
9,339
31
22,500
9,399
31
58,667
12.549
71
63,935
36.167
Incomo From
Charftablo Acllvities
Reading B¢xough
Cc4Jndl Tenders
Activity dubs income
from dlents
Income from projects
IrKome from shopplry
ser41(8
Fundraising Activities
74563
74,563
81.342
37,559
37,559
110.710
983
110,710
122,383
2.337
1679
226,495
4,416
230,824
226.495
Total Income
258,365
36,167
294532
307,379
Expondlture
Charitable Expenses
266.816
21A94
288.310
278,819
Total Expondlturo
266,816
21A94
288,310
278,819
Net (Expendlture) I
Income
(8,452)
14673
28,560
Nel movement of fund$
(8,452
14,673
222
28.560
Reconclllatlon of
Funds:
Balance as at 1 Aprll
2024
93,609
10.606
104.215
75,655
Balance at March 2025
85.217
25,279
104.215
The charitable company has no recognised gains and losses other than thg net movement in funds in the
period.
The notes on pag88 11 to 17 form part of these financial statsments.
12

Age Concern Reading
(tradlng as Age UK Reading)
(a company limitod by guarant88)
Balance sheet as at 31 March 2025
Reglstered Charity Number: 1103557 & Registered Company Number: 04750114
2025
2024
Flxed assets:
Inveslments
Current assets".
Débtors
Cash at bank and in harKI
24,724
112,632
15,515
116.195
Llablllllas:
Credtors: due within one year
(26.920)
(27,496)
Net current assets
11ON36
104.214
Total net assets
110,437
104.215
The funds of tha charity:
Unrestrtcted funds
Restricted funds
85,157
25.279
10.6C6
Total charity fvnds
10
110.437
104,215
The Directors are satisfied that the charltsble company is entitled to exemption from the provisions of the
Cornpanies Act 2006 {the Act) relatlng to the audlt of the financial statements for the year by virtue of section
477, and Ihat no member or members have requested an audlt pursuant lo section 476 of the Act.
The Directors acknowledge their responsibilities for complylng wlth the requirements of the Companies Act
2006 with respect to accounting records and the preparatlon of financlal ststements:
{1) ensuring that the charitable company keeps adequate accountlng records whlch comply with section
386 of the Act and
{ii) preparing financial slatements which give a true and fair view of the state of affairs of the charitable
company as at the end of the financial year and of its results for the financial year in accordan￿ with
the requirements of sections 394 and 395. and vthich otherwise compty with the requirements of the
Act relating to financial statements. so far as applicable to the charilable company.
The financial statements have been prepared in accordance with the provisk)ns applicable to companies
subject to the small companies regime.
These financial s
.1 C• QU I
ments were approved by the Council of Management and aulhorised for issue on
..and are signed on their behalf by:
Mr J Wilkinson
Chair
The notes on pages 11 to 17 fom part of these financial statements
13

Age Concern Readlng
{trading as Ag8 UK R8adlThJl
(a Ccthpany limibj by guarantee)
Notes lo the financial ststsments
for the Year Ended 31 March 2025
A¢￿untIng polScSes
(a) General infornialion
Age Concem Reading is a registered charity arKI public benefrt entity, number 1103557, and a
charitable compary limited by guarantee, number 04750114, incorporated in England and Wales.
The address of its registered Offi￿ is Walford Hall, Carey Street, Reading RG17JS.
The financial statements are presented in pounds sterling (£) and rounded lo the nearest pound (£).
(b) Basls of preparatlon of flnanclal statements
The financial statements of the charitsble company have been prepared in accordance with
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charilies preparing Iheir accounts in accordance with Financial Reporting Standards applicable in
the UK and Republic of Ireland (FRS 102) {effective 1 January 2019) - (Charities SORP (FRS
102)}. the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
and the Companies Act 2006.
Th8 preparation of financial stat8ments in compliance with FRS 102 requires th8 use of certain
critical accounting estimates. It also ￿qUireS management to exercise judgement in applying the
charitable company's accounting policies. Estimates and judgements are continually evaluated by
the Trustees based on historical experience and other factors including expectations of future
events that are believed to be reasonable under the circumstances (see Note 2).
Age cOn￿M Reading meets the definition of a public banefit éntity und8r FRS 102.
The following principal accounting policies have been applied:
(c) Going concern
The Trustees confinn that at the time of approving thè financial statemènts there are no material
uncertainties regarding the charitls ability to continue in operational existence for the
foreseeable future. In arriving at Ihis conclusion, the Trustees have taken account of current and
anticipated financial performance in the current economic conditions and tts reseNes position.
(d) Incom•
Incom8 is r8cognised in the Statement of Financial Activit18s when the tharity is legally entitl8d to
the income, It is probable that the income will be received and the amount can be quantified with
reasonable accuracy.
Income from charitable activities relate to grants, these are recorded when the charitable company
becomes unconditionally entitled to the grant. Govemment grants are recognised vthen it is
reasonable to expect that Ihe grants will be received and that all related conditions will b¢ met
usualty on submission of a valid claim for paymenL
(e) Expendlture
All expendlture Is accounted for on an accwals basls and has been classffied under headlngs that
aggregate all costs related to the category. Where Costs cannot be directly attrlbuted to partlcular
headlngs they been allocated to activities on a basls conslstent wlth resources.
Govemance o)sts are those incurred in connection with Govemance of the charity and complian
with constitutional and statutory requirements.
14

Age Concern Reading
(tr2Kllng as Age UK Reading)
(a company limited by guarantee)
Notes to the flnanclal statements
For the Year Ended 31 March 2025 (continued)
1. AcGountlng pollcies {¢ontinued)
fft Fixed Assets
Flxed assets for charity use are capitalised at cost. (where that cost is £1,(K)O or higher) when
acqulred or market value as d8t8miin8d by the Directorsrrrustees where donated. They are stated
In the financial statements at original costlvalue less depreciation.
(g) Llabllltles
Liabilltles are recognised when there is an obligation at the Balan￿ sheet data as a result of a past
event, It Is probable that a transfer of e¢onomi¢ benefit will be required in setuement, and the
amount
of the setuement can be estimated reliably. Liabilities are recognised at the amount that the charlty
anticipales It will pay to settle the debt or the amount it has received as advanced payments for Ihe
goods or services it must provide.
(h) Valuatlon of Invostments
Investments in subsidiaries are measured at cost less accumulaled impairment.
()1 Fund Accounllng
Unrestricted funds are don8￿nS and other incoming resources receivable or generated for the
objects of the charitable company without further specific purpose and are available as general
funds.
Restricted funds are subject to restrictions on their expenditure imposed by the donor.
O) Taxalion
The tharitabl8 company is a registered charity and as such is entitled lo tsx exemptlons on income
and gains, properfy applied for its charitable purposes.
(k) Flnanclal Instruments
The charity onty enters inlo basic financial instrurnents transactions that resutt In the recognition of
financial ass8ts and liabilities like trade and other debtors and creditors, loans from banks and other
third parties and k)ans to related parties.
Judgements in applying accounting pollcles and key sources of estlmatlon uncertainty
In the application of the trust's accounting policies, the Twsteas are required to make Judgements,
estimates and assumptions about the carrying amounts of assets and liabilities that are not readity
apparent from other sources. Th8 estimates and associated assumptions are based on hlstorical
experience and other factors that are considered to be relevanL Actual results may differ from these
estimates.
Th& estimates and underlying assumptions are reviewed on an ongoing basis. Revislons to
accounting estimates are recognised in the period in which the estimate is revised rf the revlslon
affects onty that period, or in the period of the revision and future periods if the revision affects both
current and future periods.
There were no judgement or material estimation uncertainties affecting Ihe reporting financial
perfonnance In the current period.
15

Age Concern Reading
(trading as Age UK Reading)
(a company linited ty guarantee)
Notes to the financial statèments
For th• Year End•d 31 March 2025 (continu•d)
3 Grants Recelvable
Unr•strlctsd
R•striet•d
Total
2025
Tcrtal
2024
Reading Borough Coundl
Age UK Brand Partner payment
John Sykes Foundation
Sky Communty Trust
Reading Rotsry Communty
Tilehurst ParFsh Council 2023 & 2024
The Head18y Trust
Mccarthy Stone
RBC Small Grants Fund
Ag8 UK Winter Wamth
Age UK Cost of Living
Magic Litt￿ Grant
Sky Tlme to Care
Other
Charles Hayward
7.500
1,000
2.000
5.000
6.936
5.(J)O
29.999
500
soo
1,000
10,000
3,000
1,000
25,000
3,000
15.000
Age UK- Omaze
20,000
20,000
TilehtKst Parish CourKil 2025
1,000
1,000
36,167
58,667
53.935
4 Rosources Expended
Chari1obl• Expenditure
Charltable
Governance
Totsl
Total
Exponsos
Costs
2025
2024
Staff
Prernises
Office
other
Independent examinerfs f88
250,887
10.002
8￿11
17J35
250,887
10.002
8,811
17,335
1,275
288.310
234.917
9.780
9.039
21.483
1,275
1.275
287,035
278.819
5 Staff Costs
2025
2024
Wages ar￿ salaries
233,750
220.521
Swal Security costs
Pension ¢ontribulions
Other Costs
9,585
6,954
598
8.598
5,798
250 887
234.917
Average numb8r of 8mploy88s In th8 yéar: 22
The total arrK)unt of benefrt relating to key management personnel ft)r the year was £135.017. No employee received
benefits of more than £60,000.
None of the Trustees receive any benefits. No payments (2024: £Nil) were made to reimburse the Trustees for out-

Age Concern Reading
(trading as Age UK Reading)
(a company limited by guarant88)
Notes to the financial statements
For the Year Ended 31 March 2025 (continued)
Investmwts
The followlng Is a subsldlary undertaklng of the charity:
Name
Clam of Sharo
Age UK Readlng Tradlng Limited Ordinary
Holdlng
100
At the year end. the above-named company has not commeneed trading and has reserves of £1.
The registered offlce of the subsldlary Is Walford Hall. Carey Stree( Reading. Berkshlre, Unlled Klngdom. RG1
7JS.
Debtors
2025
2024
Accounts r8c8lvabl8
Prepayments
Grants receivable
3,110
1,614
20.000
24724
3.567
1,612
10.336
15,515
9 Credltors
2025
2024
Amounts falling due within one year.
Trade Creditors
Other creditors
Other taxation and social security
Deferred incc￿ne {see below)
Accruals
650
21.479
3.515
283
18,374
5,239
1375
3,600
26.920
27.496
Deferred income
Brought frjrward
Grants released from previous reporttng perlods
Grants deferred in current ￿p)rtIng per*)d
Carrfod forward
Deferred inoxne is made up of grant ir￿￿Me intended to support seNtC8s provld8d ovèr a 12 month peri¢)d.
17

Age Concern Reading
(trading as Age UK Reading)
(a company limitsd by guarantee)
Notes to the financlal slatements
For the Year Ended 31 March 2025 (contlnued)
10 Anatysis of Not Assets Botwoen Funds
2025
Unrn$trithd
Current assets
Credltors
112,077
126,920)
85,158
24279
137,356
<28,920)
110.437
2&279
2024
Unrestrlcted Restrlcted
Total
Nofvcurrent assets
Current assets
Creditors
121,104
10,606
131,710
93,609
10.606
104.215
11 Restricted fvnds
Balance at
Incomlng
R•sourcos
Resources
Balance at
Funds
0110412024
Expendod
3110312025
Restart
Mccarthy Stone
RBC Small Grants
Tllehurst PC 24
Reading Borough Council
Magic Litue Grant
Sky fime to Care
Other
Chartes Hayward
Age UK- Omaze
Tdehurst PC 25
Total Rostrict•d funds
1,000
(3,606)
{5,000)
{1,000
667
500
1000
9721
5,000
1,000
667
500
1,000
10,000
3,000
20,000
1,000
36,167
279
3000
20,000
10,606
(21,494)
25,279
18

Age Concern Reading
(trading as Age UK Reading)
(a company limrted by guarantee)
Notes to the flnancial statements
For the Year Ended 31 March 2025 (continu•d)
11 Restricted funds (continued)
Balarts at
01AM12023
Incoming
Resources
Resources
Expend8d
Balance at
3110312024
Funds
CEV
Awards for fvjl
Restart
John Sfftes Foundation
Sky Community Trust
Reading Rotary
Tilehurst Parish Council
The Headley Trust
Mccarthy Stone
RBC Sman Grants
Age UK Winter wa￿th
Age UK Cost of Living
Total Restricted funds
9,066
10.Crf)o
(9,066)
(10,000)
(2,000)
{1,000)
(2,000)
(1,000)
{1.000}
(5.000)
(3.330)
1,000
1,000
2,000
1.000
2,000
5,000
6.936
5.000
1.000
29.999
53,935
1.000
5.000
(1,000)
(39,999)
175,395}
10.000
32,066
10.606
Purpose of the restrlcted funds
R64start
Represents grant contribution towards th8 Cost of r&opening ￿tsY1ty club servic£.
Mccarthy Stone
Funding the set up and runnlng of a new dem8ntia dub.
R8C Readlng Small Grants Fund
To furKI th8 Sèt up and runnlng of an addibonal dementla club in the Reading ar8a.
ehurs¢ PC 2024
A fund to asslst with the Cost of providing Agé UK Reading servl¢es to dients IivFng in Tllehurst.
RBC Household Support Fund
To provide supermarket vouchers to thos8 in neèd.
Alagk Llttle Grant
Grant to support the befriending seNi￿.
Sky fNne to Caro
Grant to support the befriending service's support costs.
T￿￿ wishing to remain anonymous
To help the olderty in times of hardship and crisis.
Charfes Hayward Foundation
To supplement the cost of running the InfOr￿(lOn and A(fvice servi(?.
Age UK- Omaze
To provide friendship minutes- no home for loneliness.
riehurst PC 2024
A fund to assist with the cost of provldlng Age UK Readlng services to dients Imng In Tilehurst.
19

Age Concern Reading
(trading as Age UK Reading)
(a wmpany limited by guarantee)
Notes to the financial statements
For the Year Ended 31 March 2025 (contlnued)
12 Related Party Transactlons
During the year the Charity received paymerts totaling £7,000 {2024: £1.000) from Age UK, with an agreemenl to
re￿1ve a fvrther £20.000 from Age UK in partnershlp with Omaze.
No paJTr*nts have been mad8 to Trustees and there were no other rela￿ party transactions thring the year or
prior year.