Link Age Southwark
Communities supporting older people
(A Company Limited by Guarantee)
Trustees Annual Report and Financial Statements
For the Year Ended 31 March 2024
Company Registration Number: 05189161
Charity Registration Number: 1105923

Page
Legal and Administrative Information
Report of the Trustees
Independent Auditors, Report
13
Statement of Financial Activities
16
Balance Sheet
17
Statement of Cash Flow
18
Notes to the Financial Statements
19

Report of the Trustees lor the Year Ended 31° March 2024
Legal and Admlnistrative Infonnation
Trustees
Caroline Havers (Chair)
Adrian Greenwood (Deputy Chair & Company 5ecretary}
Kieran Payne (Treasurer)
Lucy Allen
John Baldwin
Zoe Bond
Yoko De Souza
Dr Ruth Evans
Stephen Henden
Funmi Olowe
Valerie Strachan
Rebecca Torry
Susan Wilkinson
Appointed October 2023
Resigned October 2023
Resigned October 2023
Company Number
05189161
Charity Number
1105923
Registered Offlce
United Reformed Church,
Tell Grove,
London SE22 8RH
Chief Executive
Sophie Wellings
Auditors
TC Group
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex, BN44 3TN
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill, West Malling
Kent ME19 4JQ

Trustees, Report
For the year ended 31 March 2024
The Trustees (who are also the Directors of the charitable Company for the purposes of the
Companies Act} present their combined Directors, report and Trustees. report. as required by
company law, together with the audited financial statements of Link Age Southwark (the Charity) for
st
the year ended 31 March 2024. The Trustees confirm that the Trustees, report and financlal
statements of the Charity comply with the current statutory requirements, requirements of the
Charity's governing document and the provisions of the Statement of Recommended Practice
(SORPI "Accounting and Reporting by Charities" applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
<FR5102) (effective l January 2019).
Mission Vision Values and Activities
Our Vision
Friendly, vibrant local cornmunities where older people thrive.
Our Mission
Link Age Southwark helps older people stay connected with their communities, alleviating
loneliness, improving health and wellbeing and making communities stronger through volunteering.
Ourvalues
We are positive
We bring joy, vitality and warmth to every setting we enter.
We have a 'can do, attitude
We encourage everyone to share their unique skills. talents, passions and experience with each other.
We are always connerting
We know that connecting with other people is critical to everyone's wellbeing.
We respect the individual
We see the person, not their age and always tiuly listen to the person in front of us, seeking to
understand their point of view.
We are not alone
We work in strong partnerships and link older people with our volunteers and with other Services
when that will help them and their communities thrive.
Achievement and erformance
This yeaf was the charittys 30 Anniversary and we hosted a number of events to celebrate this
achievement. Reaching this milestone is a significant testament to the work of the volunteers who
established the two small charities: Dulwich Helpline and Southwark Churches Care, who merged to
become Link Age Southwark. We were keen to showcase and involve our service users and
volunteers in all our celebrations.
The demand for our services remains high and we were still trying to deal with the backlog that was
created by the pandemic. For our befriending and dementia services, we carry out an in-home

assessment of those referred to us. Having matched people, where possible, in telephone
befriending relationships during the period of restrictions we had a large number of in-home
assessments to complete before the telephone befriender could start to visit their older friend at
home. Alongside this, we were consistently receiving new referrals. This culminated in long waiting
lists and people waiting a longtime for a service. To address this, we took the difficult but necessary
decision to put a hold on new referrals to allow us to deal with the backlog and offer people a
timely response to their referral. The pause on referrals lasted for four months. During this time, we
reviewed our eligibility criteria for befriending to ensure that we are able to prioritise those with the
greatest need. The priority for our befriending service is for those who are housebound putting
them at higher risk of loneliness and social isolation due to being unable to easily access other
service within the comrnunity. The pause in referrals has made a significant impatt in reducing our
waiting lists and improving our responsiveness and ability to meet the demand for our services. In
tandem with this, the volunteer team has implemented a recruitment strategi to ensure that we
are able to meet the demand for volunteer that this service provision requires.
At the start of this year, we developed our new three-year strateeic plan which identifies our key
performance indicators for all aspects of our service delivery as well as our operations, finance and
fundraising and governance. Following such a tumultuous period during the years of the pandemic,
the focus for the first year has been on a period of consolidation. We have reviewed the first year of
our plan and. in most instances, have met or nearly met the identified outputs.
Our service provision over the last year is summarised below:
In 2023-2024, we:
Worked with 355 dedicated volunteers who contributed 17.998 hours of volunteering which
is worth the equivalent £236,673 (London Living wage £13.15 per hour);
Supported 862 older people of whom 186 were new referrals;
Provided Information and Support as part of our Ageing Well Southwark provision to 125
known service users and 45 whose details were anonymised:
Offered 20 groups to 207 service users which were a combination of exercise, activity,
dementia specialist and social groups-
Supported 185 befriending relationships and 14 telephone buddy relationships;
Undertook 174 shopping, gardening and digital tasks,.
Supported 19 service users with our Befriending Plus Sen4ice;
Hosted 4 parties and one Christmas meal at a local pub.
Worked with 7 local schools who supported our Christmas party event as well as hosting
parties on site for our service users;
Delivered our bi-monthly newsletter containing topical and local information to 698 service
user5.

Befriending
Our target for this area of work was to match 60 new relationships each year. Over the last
year we have matched 59 new relationships and supported 185 relationships. Our
befriending plus service, which involves paid staff offering I".1 informal support and
advocacy for those with more complex needs. has supported 19 housebound older friend5.
Our telephone buddy service which provides 6 months interim support for those waiting for
an in person match has SUPPOrted 14 older friends. This service has been provided in
partnership with the law firm Norton Rose Fulbright.
Exerclse, social and activity groups
The change in eligibility criteria for befriending has increased the demand for our groups as
we encourage those who can leave their homes to attend our groups and social events. We
have run 20 social, exercise and activity groups during the past 12 months. Our groups are
dementia friendly and we have six dementia specialist groups. The sessions take place in a
range of locations around the borough including sheltered housing units, community
centres, Churche5 and within a local school. Our groups offer is supported by our specialist
tutors including exercise and singing tutors. We also work in partnership with local providers
who offer focused sessions on different topics. We aim to start one new group each year and
a new dementia peer group has started in Cambenvell.
Prartlcal support
Our practical support consists of shoppin& gardening and digital support. The aim is to offer
support to those for whom these tasks present too much of a challenge. These services are
all supported by volunteers. Our digital buddies visit people at home to SUPPOrt with smart
phones or laptops. We also have two digital group offers: one is an intergenerational group
with a local school and the other is specialist support provided by Clearcommunityweb at
our weekly warm space.
Newsletter
The delivery of our newsletter is supported every two months by a tearn of volunteers who
assist with envelope stuffing and hand delivery of our newsletters. Over the last twelve
months, the newsletter has provided informatlon on our 30 year anniversary plans a5 well
as promoting work we were doing with the local authority on increasing awareness of
pension credit and encouraging those who are entitled to claim to make a claim. We also
promote our groups and social events via this communication channel.
Transport
The provision of transport for those who would otherwise be unable to attend our groups
and events feels like an important part of our offer to our older friends. The cost of
continuing to provide this service goes up each year. We have experienced challenges in
recruiting volunteer drivers and are increasingly dependent on local taxis which is not a
cheap option.
Inter-generational work with local sthools
Local schools continue to offer us a range of support. A lovely piece of work was recently
done with Alleyns Schools who hosted our service users to talk with pupils on the topic of

'consumptlon' Our older friends talked about their birthdays and the presents they had
received as well as what they had in their wardrobe when they were children.
Ageing Well 5outhwark
This is our fourth year of fulfilling this contract with the local authority in partnership with
the charities who make up the Consortium of Older People's Servlces in Southwark
{COPSINS). The contract was initially extended for a further 12 months but we subsequently
received the excellent news that the contract for Ageing Well Southwark would 80 to its full
term which is June 2025. The Council is currently negotiating with five of the existing
partners to deliver the next phase of Ageing Well Southwark from June 2025.
Service User Engagement Group
This group was established in order to provide service users with a greater voice in relation
to the development of our services. Group members also assist with our responses to local
consultations on a range of issues from the work being done on making Southwark an Age
Friendly borough to the 'Southwark 203￿ looking at future developments for the borough.
The group meets quarterly and has a membership of 10 serlice users.
Hospital Buddies
Thi5 service was developed to offer emotional support to those attending hospital for a
range of medical interventions, including elective surgery. Despite a lot of publicity and
promotion of the service the referrals remained very low. It was decided to discontinue this
Service at the end of the financial year.
Social Events
We aim to host three large scale events each year. Our maFn event this year was linked to
th
our 30 anniversary and alongside our ser¥ice users, volunteers. Trustee5 and Patrons were
invited to attend. The event took place at a local bowling club. As part of our Anniversary
celebrations we also compiled a photographic and film exhibition which we showcased at
our Sunset Soiree fundraiser. The photographs were taken by one of our volunteer
befrienders. who is a professional photographer. The photographs showcased our work with
older people as well a5 profiling some of our volunteers and key people in the Charit¢s
history. The team also compiled our Pearls of Wisdom film project which consists of 12
short films with service users talking about their lives and achievements.
Our 30 year was an important one for the Charity. We were very keen to use this anniversary to
showcase our work and celebrate our service users as well as profiling some key people in the life of
Link Age Southwark. We also reviewed our befriending service to ensure that those who are most at
risk of loneliness and social isolation are able to receive this invaluable service. Putting referrals on
hold was a difficult decision to take but has proved to be beneficial. We are now able to respond
and offer services in a timely. targeted and tailored way.

Plans for the Future
Our five-year funding from the National Lottery for our dementia services provision concluded in
February 2024. This funding has been hugely significant in helping us to develop, grow and sustain
our dementia befriending and groups offer for those living with a diagnosis of mild to moderate
dementia and their carers. We have managed to secure funding from City Bridge Trust to help to
sustain aspetts of this work and are also applying for continuation funding from the National
Lottery. Our plans for further developing this area of specialism include the establishment of a
specialist cognitive stimulation therapy Broup. Cognitive stimulation therapy is recommended by
the National Institute for Health and Care Excellence {NICEI as an effective intervention for people
living with a diagnosis of dementia. We have also had notification thi5 year of the local authoritvs
intention to continue to commission the 'Ageing Well Southwarw contract through to June 2025.
Governance and Administration
Public Benefit
The Trustees confirm that in setting LAS'S objectives and planning its activities they have complied
with the duty to have due regard to the Charity Commission's general guidance on Charities and
Public Benefit.
Link Age Southwark constitutlon and organisational structure
Link Age Southwark is controlled by its governing document, the Memorandum and Articles of
Association and 15 constituted as a charity and company, limited by Guarantee, as defined by the
Companies Act 2006. The members of Link Age Southwark (all Trustees plus up to 30 additional
members from among our 5UPPOrters, service users and volunteers) are eligible to elect
Directorsnrustee5, and to put forward and vote on resolutions at the Annual General Meeting
{AGMI.
Staff
The number of FTE staff has remained the same at eleven. We also have five staff on zero hours
contracts.
Governance and declslon-rnaking
Legal responsibility for the management and stewardship of the Charity is vested in the Board of
Trustees. The Charity has a Chair, Deputy Chair, Company Secretary and a Treasurer. Trustees meet
every two months. The Board of Trustees has a Finance Committee. which meets quarterly
throughout the year, reports to the Board, and ha5 its own Terms of Reference. Trustees make
strategic decisions, in consultation wvth the Chief Executive. Day to day management is delegated to
the Chief Executive, who attends all Board meetin8s. Operational decisions are taken by the Chief
Executive and Senior Management Team (SMT). SMT members are supervised by the Chief
Executive, who. in turn, is line managed by the Chair.

Recruitment and appointment of Trustees
Rule 38 of the Articles of Association refers to a power to fix the maximum number of Directors. At
th
the AGM of 19 October 2015, 3 resolution was passed to set the maximum number of Directors at
15, on the understanding that the usual number will not exceed 12. The period of office is three
years. The Articles of Association provide that, at each AGM, one third of the Trustees (or the
number nearest to one third) must retire from office: those who have been in office longest retire
first. Retiring Trustees may normally put themselves forward for re-election by the members of the
Charity.
A Succession plan is reviewed by the Board regularly. and skills audits are carried out to inform
Trustee recruitment. Trustees bring experience from the public, private and voluntary sectors and
have expertise in management, finance, law, communications, IT and health including care of older
people. During the year, Stephen Henden and Susan Wilkinson resigned from the Board and Dr Ruth
Evans was appointed again having served on the Board previously.
Fundraising
The charity is committed to ensuring that all of its fundraising activities are legal, open, honest and
respectful. The Charity has a diversified fundraising base with just over 50% coming from grant
funding applications to Trusts and Foundations. The Ageing Well Southwark contract provides just
over 20% of the Chairt¢s funding. Link Age Southwark has an annual calendar of community
fundraising events and this year saw our first sponsored event- the 'Strollathon' which took place
in Dulwich Park. We continue to benefit significantly from our Patron scheme and individual
donations. This year was an exceptional year for the Charity in relation to legacy fundraising. We
were fortunate enough to receive two very significant legacies, one from a previou5 volunteer and
one from an older friend who had benefited from our befriending service. We were incredibly
grateful to receive all the legacies that came in during the last year. No external professional
fundraisers or commercial participators are used in these fundraising activities. The charity is
committed to meeting the requirements of the new Fundraising Regulator, the standards of the
Code of Fundraising Practice and the requirements of the Data Protection Act 2018 around
protecting vulnerable people and treating personal data with respect when carrying out fundraising
activities.
Trustees. Liability and Re5ponsibllitles
The Trustees {who are also the Directors of Link Age Southwark for the purposes of company law)
are responsible for preparing the Report of the Trustees and the financial statements in accordance
with applicable law and Un(ted Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the charitable company Trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the charitable company and of
the incoming resources and application of resources, including the income and expenditure, of the

charitable company for that period. In preparing those financial statements, the Trustees are
required to:
select suitable accounting policies and then apply them con5iStently,"
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed. subject to any material
departures disclosed and explained in the financlal statements;
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records which di5c105e with reasonable
accuracy, at any time, the financial posrtion of the charitable company and to enable them to
ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charitable company and hence for taking reasonable
steps for the preventlon and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable compan¢s website.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to Small companies.
Trustees are also aware of and aspire to ensuring that Link Age Southwark demonstrates all the
hallmarks of an effective charity, namely to:
be clear about its direction:
have the right mix of ski115 and experience:
achieve its purposes and deliver its services efficiently;
assess its performance to help improve its efficiency;
have the financial resources to deliver its purposes:
be accountable and transparent;
Induction and training of Trustees
The induction programme for new Trustees includes:
written information about LAS'S activities.
a copy of LAS'S memorandum and articles of association;
a copy of IAS'S policies and procedures;
a copy of the NCVO Code of Good Governance:
a copy of the Charity Commission's CC3-The Essential Trustee
Information on Trustees. legal responsibilities:
a meeting with the Chair and the Chief Executive.
an invitation to attend a group or event:
an invitation to attend LAS'S activities in the community:
attendance, as an observer, at a Board of Trustee5 meeting;
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Trustees are encouraged to attend relevant training courses. They also receive updates from the
office on matter5 pertaining to effective governance and relevant sector specific issues.
Risk Management
Trustees maintain a risk register to identrfy and review the risks to which the Charity is exposed and
to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
LAS'S risk register is reviewed and updated annually, with appropriate mitigation measures put in
place. At every Trustee meetin& the top three risks are highlighted with a discussion, as needed.
Fundin
and Finances
Summary Results for year
The financial year 23124 has been an unprecedented year for the charity. We had set the budget
for a deficit, as the Trustees considered this to be a prudent investment in service delivery taking
into account available reserves. In the event, we received two significant legacies for which we are
very grateful, and which are reflettive of the impact that our work has on people's lives. Legacy
fundraising was therefore £532,490, against a budget of £0. This is the main reason why our
income wa5 £1,092,106 against a bud8et of £603,097. Excluding the legacies. there would have
been an income deficit of £41,438 due to the notable challenges to cornmunity fundraising and
organisation donations. Thanks to the legacies we completed the financial year with a surplus of
£429,428 against a budget deficit of £72.995: an extremely Strong position, given the continuing
economic challenges being felt across the voluntary and community sector
The surplus was further aided by expenditure being lower than expected (actual £662,678 versus
budget £676,092), which was driven by staff costs with vacancies occurring throughout the year.
Reserves
The financial year ended with a surplus of £429,428. The impact of this Is a large increase in our
reserves from £438.511 to £867.939 of which £19.375 (2023: £115.612) are restricted and £848,564
{2023.. £322,900) are unrestricted. This is still in line with our reserves policy of holding 6 months of
st
expenditure in our general funds. The total funds of the Charity as of 31 March 2024 are £867.939.
Designated Fund
The Board has agreed to set up a new designated fund- the Frank Ralfe Fund. The naming of the
fund is in recognition of the considerable legacy left to us by the estate of Frank Ralfe, a previous
beneficiary of Link Age Southwark. £450,000 has been allocated to this fund which has been
designated to assist with existing char(table projects and emerging need given the significant
economic pressures and uncertainty.
202￿2025 Budget.
Given that Link Age Southwark has, again, delivered robust results, the Trustees have agreed a
deficit budget for the forthcoming year. The budget, as agreed, will deliver a deficit of £82.166. The
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impact on reserves will bring a slight decrease to £299,516 all of which are unrestrttted. Total funds
at year end will be £785,775.
Reserves and Investrnents Policies
The reserves policy remains in place with Trustees having agreed that Link Age Southwark should
hold six months of budgetary expenditure in reserves. The poliry aims to hold reserves at a level
that enable us to manage financial rlsk and short-term income volatility; maintain optimum levels of
service provision; ensure that ourfinancial commitments can be met and implement our strategic
priorities whilst continuing to respond to emerging need in uncertain time5.
For 2024-25 six months budgeted expenditure is £329,407, WTth £334,263 being held in general
funds at year end, our reserves policy is met. Should a negative variance against budget begin to
develop, six months would provide an ample window in which costs and service delivery may be re-
configured to ensure the continued financial viability of the Charity.
Link Age Southwark continues to find that the outsourced support of J52 accountants in inputting to
the budgeting process and preparing management accounts. forecasts and statutory accounts is
extremely valuable in enabling our rigorous monitoring of financial performance and sustainability.
Funds held within reserves are invested in various deposit accounts up to the limit of the FSCS
guarantee.
Auditor
Due to the level of income generated this year, we are required to have our accounts audited. TC
Group, who carried out our Independent Examination last year. have been appointed to carry out
the audit.
This report was approved by the Board of Trustees on 10th September 2024 and signed on
its behalf by:
carc.ine HavErs (Sep 10. 2024 12.'13Gh':T+il
Kierar P3 Jne (Sep io,
Kieran Payne
Trustee and Treasurer
24 14."37 GMT+ll
Caroline Havers
Chair
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AUDITOR'S REPORT TO THE TRUSTEES OF
UNK AGE SOUTHWARK
FOR THE YEAR ENDED 31 MARCH 2024
We have audited the financial statements of Link Age Southwark ('the charitable companVI for the year ended 31 March
2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cashflow Statement and notes to the
financial statements, including a summary of slgnlficant attounting pollcies. The financlal reporting framework that has
been applied in thelr preparation is applicable law and United Kin8dom Accountin8 Standards, including Financial
Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom
Generally Accepted Accounting Practice).
In our opinion the finoncial statements:
Eive a true and fair vlew of the state of the charitable company's affairs a5 at 31 March 2024 and of its incoming
resources 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 Companie5 Act 2006.
Basls for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI11SAs {UKII and appllcable law. Our
responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial
statement5 section of our report. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'5 Ethical 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 opinion.
Conclusions re13tlng to going concern
We have nothin8 to report in respect of the folk)wing matters in relation to which the ISAS {UKI requlre us to report to
you where:
the trustees, use of the going concern basi5 of accounting in the preparation of the financial 5taternents is not
appropriate- or
the trustees have not disclosed in the financial statements any identified material uncertaSnties that may cast
significant doubt about the charitable companf s ability to continue to adopt the going concern bas15 of
accounting for a period of at least twelve months from the date when the financial statements are authorised
for issue.
Other Information
The other information comprise5 the trustees, report, which indudes the directors, report. other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the
financial statements doe5 not cover the other Information and. except to the extent othe￿ise explicltly stated in our
report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other information and. in doing
50, consider whether the other information is materially incon5i5tent with the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we identify such material in¢on5i5tencie5 Qr
apparent material misstatements, we are required to determine whether there is a material wis5t8tement in the financial
statements or a material misstatement ofthe other information. If, based on the work we have performed, we conclude
that there is a materlal rnisstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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Opinion on other matter5 prescribed by the Companies Acl 2006
In our opinion, based on the work undertaken in the course of the audit,
the infomiation given in the trustees. report. which includes the directors, report prepared for the purposes of
company law, for the financial year for which the financial statements are prepared is consistent with the
financial statements,. and
the directors. report included within the trustees, report has been prepared in accordance with applicable legal
requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charitable company and its environment obtained during the
audit, we have not identified material misstatement5 in the directors. included within the trustees. report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to
report to you if. in our opinion:
adequote accounting records have not been kept, or return5 adequate for our audit have not been received from
branches not visited by us: or
the financial statements are not in agreement with the accounting records and returns: or
certain disclosures of trustees. remuneration specified by law are not made- or
we have not received all the informatlon and explanations we require for our audlt.
Responslbllltles of the trustees
A5 explained more fully in the trustees, responsibilities statement, the trustees (who are also the direttor5 of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and
for being satisfied that they give a true and fair view. and for such internal control as the trustees determine is nece55ary
to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or
error.
In preparlng the financial statements, the trustees are responsible for assessing the charltable companvs ability to
continue as a going concern, disclosin& a5 applicable, matters related to going concern and using the going concern basls
of accounting unless the trustees either intend to liquidate the tharitable company or to cease operations, or have no
realistic alternative but to do so.
Auditorf5 responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements are free from material
misstatement, whether due to fraud or error. and to issue an auditorfs report that includes our opinion. Reasonable
assurance is a high level of assurance but is not a Euarantee that an audit conducted Sn accordance with ISA% IUKI will
always detett a material mlsstatement when it exlsts.
Misstatements 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 based ￿ these financial statements.
A further description of our responsibilities for the audit of the finanoal statements 15 located on the Financial Reporting
Council's website at: www.frc.or&uk/avditorsresponsibilities. This description forms part of our auditorfs report.
Extent to whlch the audlt was consldered capable of detectlng Irreeularltles. Includlng fraud
The objectives of our audit. In respect to fraud. are: to identify and assess the risks of material misstatement of the
financial statements due to fraud,. to obtain sufficient appropriate audit evidence regarding the assessed risks of material
misstatement due to fraud. through designing and implementing appropriate responses- and to respond appropriately to
fraud or suspected fraud identified during the audit. However, the primary re5pon5ibility for the prevention and detection
of fraud rests with both those charged with governance of the entity and its management.
Our approach was as follows-
We identified areas of laws and regulations that could reasonably be expected to have a material effect on the
financial statements from our general sertor experience. and through discussion with the trustees and other
management las required by auditing standardsl, and discussed with the trustees and other management the
policies and procedure5 regarding compliance with laws and regulations (see belowl-
We identified the following areas as those most likely to have such an effert: health and safety; General Data
Protection Regulation IGDPRI,. fraud: bribery and corruption, and employment law. Auditing standards limit the
14

required audit procedures to identify non-compliance with these laws and reg(Jlations to enquiry of the trustees
and other monagement and inspection of regulatory and legal correspondence. if any. The identified actual or
suspected non-compliance was not sufficiently significant to our audlt to result in our response being identified
as a key audit matter.
We considered the legal and regulatory frameworks directly applicable to the financial statement5 reporting
framework IFRS 102 and the and Charities Act 2011) and the relevant tax compliance regulations in the UK:
We considered the nature of the charitWs operations. the control environment and financial performance.
We communicated identified laws and regulations throughout our team and remained alert to any indicatlons
of non-compliance throughout the audit;
We considered the procedures and controls that the charity has established to address risks identified. or that
othenmise prevent, deter and detect fraud- and how senior management monitors those programmes and
controls.
Based on this understanding we designed our audit procedures to identify non-compliance with such la￿￿ and regulations.
Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk. These
procedures included: testing manual journals: reviewing the financial statement disclosures and testing to supporting
documentation: performing analytical procedures. and enquiring of Management, and were designed to provide
reasonable a$5urance that the financial statements were free from fraud or error.
Owin8 to the inherent limitatior15 of an audit, there is an unavoidable risk that we may not have detected some material
misstatements in thefinancial statements, even though we have properly planned and performed our audit in accordance
with auditing standards. For example, the further removed non-compllance with laws and regulation5 lirregularitiesl is
from the events and transactions refletted in the financial statements, the less likely the Inherently limited procedures
required by auditing Standards would Identify it. The risk is a150 greater regarding irregularities occurring due to fraud
rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. We are
not responsible for preventin8 non-complian￿ and cannot be expected to detect non-compliance with all law5 and
regulations
Use of our Report
This report 15 made solely to the charitable company's members, as a body. in accordance wlth Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's
members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest
extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company's
members as a body
r our audit w
rk. for this report, ow for the opinion5 we have formed.
Mark Cummlns FCC4
eni
for and on behalf of TC Group
Statutory Auditor
Office-, Steyning, West Sussex
15

ATEMENTOF WNANCL4LAcnvmÉs
Indud¥n
Income & E
OR ThEYEAR EN
endltur* *lccount
CH 2024
Ye•rended 31 March 2024
T*tal
Y•aiended 31 Maffth 2013
d5
Jrats
Furp5s
Fun&
INCOME AND ENDOWMENTS FROM:
Donakn¢ts, Grnntsand Le8ac*s
Voluntsrylncorne
764.663
151y3
916246
176232
J86.785
363.017
(haritoble Actl¥ltles.Supportifft8 Older People
FUndra￿s￿m2
IN¥estment llltoffle
London 8oroush Of￿￿thw￿lk
41.606
13.392
120.862
38J184
3,713
s￿56
38,084
3.713
138.656
13392
120.862
TOTAL INCOME
94524
15L583
LO￿106
356,685
184Y85
543A70
EXPENDITURE FROM:
arttobfe AcEMiles- Supporti
Older People
350￿80
247.820
638.7(￿)
399,729
227.532
627.261
RaIsI￿ Fund5
23978
23.¥18
22.692
22,692
TOTAL EXPENDfTURE
414A58
247AIO
662.678
4a421
2Z7.531
649.953
piet lrtcomellExpendl￿rèI
.665 ￿23
429A
(65.7361
140,7471
1106A831
ReConoliat￿n of FI￿d5'.
Totsl Fundsatthe5tart theyear
322￿99
115.612
438511
388.635
156.359
544,954
Totsl Fund5atthe end ol theyear
li
848.564
19.375
867.9
322A99
115,612
438.511
Theststernentof Fi#antialAcbvities incl￿e5 allgalns andlosses ret0￿￿ed Inthe year
All income and eXpe￿it￿re dthwefrom carttinuin8 a<tyvities
The nDtP5 Dll pa8e$ 19 to 27form part of t￿￿rIna)Ki8IS￿emerts
16

AT3tst MA
H 2024
FIXEDAsseTS
44145
59.327
CURRENT AS5Frs
Debtots
C8sh 3t Bank and in HèRd
51.784
836,875
888.659
56,195
352,335
408,530
Less.. CURRENTUABiimES
ID
168
129.1461
819,794
867.939
379,184
438.511
TOTU A55EfsLESS CURRENT UABIUTIES
CHARI￿ FUN05
Re%trfcted Fur￿5
ii.
19.375
115.612
De5i8natrd Funds
49S331
Unrestri£*Éd Funds
IL12
353.2>3
266.496
TOTAL FUN05
867.919
438Jll
The Diredois 3cknowled8etheirresponslbllitieslor comthTr8¥riththe requffementsoftheCompanfesAct 2006 *tth
respert tothe accuuntSW fecords and the preparatyon of attourfs. These accountsha¥e beertprEpafed inacrordant2
th the prouision5 applKable tocompanies 5thjecttothesrnall cthpanies. re￿rne.
The ftnanaal siatemerfs wereapprtr4ed tythe IP 5Ep*Ember 2024 3nds[￿ed0Th
Caroline IlaveTS Isep 10.2fj24 11-13GM i+ll
Isep 10,
-"37 5MT+il
Carolknp Havers
Chairof TrusiÈes
Payne
Thenotes on p3Ee5 19to27 form part ofthe5e fln3na31 si¥tements
Company Rewstration ND. 05189161
17

SfAIEMENTOFCA5M FLOW
FOR THE YEAR E14DED Ylst MARCH 1024
2024
2021
Cash flows from operatln%•rfivities
¢8sh pro¥Wed b¥0pgAilngor￿¥ltr8${lwJn￿IaYw below)
47Z,346
2LLOI
Cash Ilows from IA¥estingadi¥itiqs
Di￿dendS and Interest frorn Investmaits
Purchase ot property, plar5tandequlprneni
13,392
11,ts8)
3,713
(16661
N¢lca¥* provtda¢ tyllllsed 1ftlin￿st1￿ ithitX5
12.194
1.047
Charqe in ta5hand cash equr4alRnts in the rnportiry pertad
Cash and rash equivalentsaf thestsrt of ￿Year
484,540
35E.335
22,148
330.187
Cash andc¥sh e￿￿81ÉntsattheenoO1lhe￿3l
U36.875
3Sl335
Rec4ncH*ttsnot nttwKometo fl￿from0p8yafinB3dlWII
2024
2023
NrtlncDrnefor the repMinB PEriod
Depre(Tatron Ehar8e5
vidend5 ad0tnter￿ttrOtTr investmethts
Ilnirea5el/Decreasein debtors
Inueaselldecreasel in cYedFtors
429,428
1?,380
111.3921
4,411
39.519
1106,4831
12,30S
13.7131
113,205
5.787
Mett*sh prothded byoper*¥ng acbvities
471.Y6
2LIOI
The notesLM pages 19to271orm part Ofthesefinana￿ 5tstErneFrt5
18

ÉANA
LACCQVP4TIt4G pouaES
with fhEsmall Ertit￿￿ pTEM5￿n5of A¢ptxwn8 stsndard if4 INlwththÈ Charti*sSoRPIFRSL02)-'AccoJnt￿zU
byOhrElk*..51alpmelltcf PrtIiCtèF￿"¢￿￿et#¢hrr￿s yepDt¥#)èir4¢WuDts Ir I¢¢ord4￿
4¥ith tht arffjlKa&lainth* Ukind Irel4ndlF4S12Xkniwl Jbiwry 20151, IndthE
CtrnpaTrl# 1*2406. AssetsÈr.d kbIl￿￿èTe In￿4111¥ ¢o#ortsan*¢tM unl¢ssrAri￿l1le
5tstqdin EhEfEkv4nt•ccountiry r.rtt.
nkh¥eS0￿hW￿* meets Ibe4ehityon of a pwbll¢bgneftentityuaderFPSIOI
ThErin￿K￿l stattmEnts ?repTryJuc4d in slerlr&**lth tsthe fvtiEtity•ltuttertyDfthÈtl¥*nty ￿nd￿dIll thÈ
t*￿￿¥S￿lUs
Thecornpnyisacompllnyllmrttd h*£￿ranttt. th*liaWIitYln
gur4Dtrryislimit•lto ÉIO FerrnEmiw0f d*compry.
Geneyalftsnds a￿Unre$r￿tsd fundswFw(h3reawkWelw uSeaid*thxret¥*iof t￿trust￿$￿*Urth￿•W￿o1¢htÈ¢m1￿l
?biecliYe5ofthEcumwryindthKhFth% notL￿￿￿￿￿tEd1arthrpUr￿jXS.
DWnaWlur￿SarttW¢afmar1¢d bYth0t￿t*asfOrwth¢ pryseEorproDKEs asllotthlintr￿*n￿C1II
Restrid•d fundsirl inlccawd4r￿with thRJpEcIficrqstriGtyEqJirn￿ed ￿•￿*dr￿?rsard h￿EblenTIlzed bythE
mF4nyfor p•rtkukrpJiposes. The costol ￿l￿rea￿dad￿1&siWr￿A*h hmd51sth•rg4dyiffl%tth¢ipKffi¢fvTr
iffttrnEnt In¢tsmEp tvthEaPPWtytef*J.
Al11rK(YnE￿ incluthd ITrth•Stakn￿Qf l1var￿la1Attm*¢S￿thent￿PcOrnwnV￿ leRallyer￿t￿theIrK1y￿o￿&thE
arnountran be xcurJ¢y. ￿￿￿pE*￿tndjTrN$sPtdfy th•tdaTrknsand4Trnts$tyeDtothe
leYpen￿1￿Me1$acCOUnt&1f0ro￿afy3tCr￿sbaSk%1fi0 hosbew In(*thjtyJ￿tevn$t(atrOO￿th￿d8gr91aTr3II
CD4tsfur1lkrakntoathryts￿ Whefeco%tsunnOtL￿
onthÈ basis ofttmésK*rt.
Fund￿￿￿(￿S￿&r•th￿iinEurr*d iTrs••knni %￿un￿ry¢V￿IribUt￿Jll$i￿d r05tscf
InforrnitSon Ill supp0rtofthechartta￿è acfpkn.
IrEtI￿r￿sts i￿￿rred dirEth [h•rity￿a￿￿1lr￿￿ttdaThtha
L*$iSol￿all CQ5tr.
GoY•manco coits4r•thri* th•thritytsCDrn￿ywithextrrn￿ reWj&tl￿ CDll5V￿C
andstatuwrequliementsand ift w¢*din8Supporti(*thÈiYwdrfrnisiees&)Ihe ¢*stharyof thdrstlm￿dUti1$.
ThgCh411LyiswfTertylDa IQ TrWkngwre5emspolc*wiih rgqwrqd
We ha￿ bE Èztèrmled untllJunÈ20Zg.ThE Charitya
ha5a numbEI afmuthywawardslrafflTntstsand Foundatr￿S Tèktnt¢¥•tFWthTru5tet5￿Svjerlh￿the1E alEt
otherrnaterfil uncErL*nts2saknut1hèCharfWs4￿lltyfO cohttknue*saWngtonttTn forrtleDrt12
Si8nin¥thtsDlthpsEthwmEllts.
Tllwbli ￿￿edA&srtj
Assets ¢¢$t5nEmorethèn£L￿ artCa*lL￿TèrlIble￿rfedlS$tts4re$t1t¢l at Mstlessdewation. DweciatwJfiis
rowded arr￿t£S￿l￿atvd *wrifeo*fthtCaStcf f￿￿E￿lE￿1helrE￿t1￿atyJ ￿SefUl
L￿SCh￿d irnpr<wernents. LO% 51rAi¢Win•
enrdbJempbyees. pensltsn ChèTtsryf￿*nts￿￿ITrW￿tsPI¥1￿tyV*¢h￿*Yto￿e¥ppfo￿ *h•me if*respe
f th?ieportiniye?r.
Debll)rs
T[￿de￿ ll*her debtorsare r¢￿￿￿￿a:￿￿SeLuOM￿n1l￿b>J￿tduea1￿erwrytra&d￿￿Wrtu[th￿. th￿¥￿E¥rts•
valuedatth8 iTh>unt Prep3￿ nètof inytyad•dlsc•untsdue.
Cr4dltorsand Pro￿$1￿n$
CreKfitLY5 and p￿1510￿5arerec￿lS¢dWhtretht￿f1tyPd5￿9re5enr￿￿￿tr￿rl res￿1￿￿￿(￿￿ a PSt*¥eh:thai*lll
babtyresuEtinthÉ tr•nst•r0ffu￿Sf0 ilhiFd partyaDd th￿4￿￿￿￿LE..D s•ttl•th•cèl¥I￿ cnn Ee Trea￿(￿d¢*r
éSWTh14ted CreollQry •ndprwsth arenom*rttc￿ed1tth**1deMQTrt￿0Vrnr•IL1rl1￿￿10rarrytr
Payfflonts U￿1£r￿p2￿￿￿l￿￿sE5arerhoryedIvthQStd￿￿En1V￿Fl￿￿￿¥l4 Act￿YEs¢￿ axIrniRht knekasi&o
theleaseterm.
In thea￿kId￿n￿f IhÈattttUntlngptskÈLes. tru5teEI atE rèwlrtdtorrtake1udgts￿ts. Èstirnafts.and
ts)UlthE￿rr￿N1 valueBf a55etsand l￿bIr￿tt•Sthatlr￿￿0tr￿d1tyWpIr•TrtIr¢Tr Dther5¢JUr￿&Th￿￿StrM&t￿sand
ur￿l￿v￿a￿SuMptkn5￿rebaSed h151ryi&vq•lEnry•￿Other1￿j0rsth%I•￿(x￿N1e￿dro￿e ¢dtVènLAthJal
resutts Mlydiff￿￿ethth*&•éstsY￿Ikn
TheesYmatesaDd ￿￿1¢flY￿a$s¥￿ptiQrts Bre ¢ngtyrtgi45i5.A¢w$i(Ais￿￿CW￿nlÈrtlrn•1*s*r￿
rewhlsed In thepETi¢d ￿￿biththEtStI￿atei5 tewted ￿theW￿lsuna￿￿￿o￿vth￿￿p￿.[ylAth*Pe￿￿ oflhe
rrli1￿ andlutUT• rfthernwisKmalle£ted rJmnt4r￿firtUr*￿￿1cth.
In thefft¥Jofthetrustees. Troissumpty)ns ¢¢ftumhn¢thÈfiJtureortskn4wn ¥nw#thity¥Ffem￿Orr￿tsl11tieS
4tthÉ SI￿e1￿￿t￿arT likely1Dre￿tt odjuJlrnEnttsthwroN￿fj%•rIKvJ￿t$in tho n1xtftiiancvjl￿r.
19

OR THE YÈAR ÈNDED 3tst PAthRCH 2024
I VOLUNTARY INCOME
2924
2023
Total
Restr(rted Income
National Lotterycurnmunity Fund
United St Savioues Charity
Fob￿ McAlplneFeund*T
s￿rthwark Council INdghb0w￿l Fuftds}
Heme Instead l&ingJoyl
Thevtley Famity- M￿51(31 rnaTrorie5
ukhvlark Adultsoiial Care
MCF Masonlc Charltabfe
W¥rm Place
Tearn London Brtdle
Suuthwark Counctl
87.778
87.ri8
95.095
1250)
17.1
ioLx)o
36,690
17.L19J
6,5(K)
20.IXrf)
20,C
20.(NJ)
20.(K
3,715
3.71S
VnrE5tri(*d Intome
The DulwithAlmshou5e Tr￿tt
United Stknourfs Charity
Garfidd Wetton Fwndatlon
SouthwaTk CounEiI INelthbourhood Funds)
MercersTru5t
WcodrofFe Bent
5wthwark Charitie5
The Sobell Foundabon
The E112abeth and Printtzaieet Twrt
The H￿rysTr1th ChaAty
Fidd Famil
Masonic
Franos Winham FoutKSation
3.5(K)
6,667
3(LIKKJ
5,250
5.wo
6,667
31333
33.333
20,IXX)
io,
2LI.QLMJ
io.w)
io.ow
40,orM)
162,442
1.583
314.025
269535
0thoTVoknnts Ints)me-Don3tknns
John Horsema￿ Trust
NorthwldtTrust
Indi￿dual lin¢. Patron51 and Oryani5atlws
Gfft Aid
91.479
16,252
6g,731
50.479
16.252
69.731
7L236
14.245
93A81
OtherVohJnta I
Kley Legacy
FP ￿a¢Y
Fr¥k Ralfe Legacy
65,860
4,065
462.565
4.065
461565
s344￿1
53L4YJ
764.663
151.583
916.246
363.016

NOTESTOTHE AP4ANCIAL STATEMENTS
tontih
FOR THE YEAR ENDED 31st MARCH 2014
CHARITABLEAcnvmES
Total
JthwarkCDunol
I20￿2
120,862 134656
MPENDMIRE 2024
•ndA*port
To>1
r8ble £yndiwre
Fundrd151ngCosts
467.051
11,267
478318
49.126
9,754
S8.880
121.524
638,701
1.957
23,978
X25A81 661679
EXPENDITURE 2023
Llrect
and Sw¢wt Total
Charthbk Expendi￿1￿
FUnITr￿￿(0sts
473.098
12A34
4$5,53l
39.067
7.233
46JQO
IIXIW6 627.251
3,025
22.692
11&121 649,Y53
SUPPORT &GOVERNANCECOSTS 1024
24
Totsl
Fun
Repairs, Maintenan¢e &
Tdephone
BoDkkrying
Rent & utilities
Depreciation
Insurance
17,258
613
24.114
23,292
I2￿8
1,112
416
15
582
562
292
27
17.674
628
24,696
23￿54
12.380
L139
3.568
7.032
3.029
757
8.70S
5.438
1445
870
1496 105J)7 L06.164
16,930
19
21.449
18.565
11305
953
3.435
Trainin£& rectyitment
Prlnlln& Post38e &SDtionery
Other StBftCosts
Payroll Proce55in8
Other
Bank Chir6es & COwn￿b￿S
Total Support Costs
6,865
2.958
739
8.5(Kl
2,387
ioaAIi
166
71
10.886
Aud￿￿ndependeftt EK3mlnalcaThFee
OtherGovemancecosts
staff Costs
Total Guiernance C0515
10.546
2,717
5.850
.1
10,80)
1.783
5.991
19.574
3.￿0
66
141
6.267
IL955
Total &GovernarKe Costs
1957
125N81
118.119
21

NOIESTOIHE FINANOALSTAIEMENTS
ontinued
FOR THE YEAR ENDED 3tst MARCH 1024
SVPPORT&GOVERNANCE COST5 2023 ICONTINUEDI
Total
Repa1¥5, maint￿*r￿e & rr
Telephone
8ookkeepin8
Renr & Utilities
DePr￿latiOn
losuranee
Training& recruitment
Prlnlw Posra8e& sta￿
(lther Staff Costs
Payfdl Pr¢cessln8
Oth
Bankcharges & CarLsurnab￿s
Totsl supportcL￿
IQ498
Lm
20.9fyJ
1&4YA)
IL9YJ
929
3.347
8.822
.607
1397
5.299
2.797
103
434
47
16,932
19
549
475
21,M9
18.565
IZ,305
953
3,435
9.054
10.886
2A60
5N38
2.870
ID6.165
315
232
279
63
139
73
4718
IndeppJdent ExarnMètiN Fee5
OtberGovErnanomsts
Staff Costs
Toral GovemancÈCosts
92
53
160
2.035
6,107
11*50
6.267
llJ55
Tot315uppon & ￿er￿a￿eca5ts
115
11¢121
NEtINCOME ¢EXPEND￿VRE1
2UZ4
Totsl
Th1$ lsstated after ¢NarginÉ'.
Deprets3tion dfiKed assets
Aurfrtl Indepertdent examlkiarion
pÉn5ion Costs
IL38D
iQ8
1131]5
4L118
34,505
22

TOTHE
FORThEY
AT
tontlNJe
R ENDED 3tst MARCH 202
STAFF COSTS
2024
20Z3
Totsl
Staff costs wweas ftdlows=
Wage5 and 5a13ries
SDual Seiuiity Costs
Pensian c05t5
33.558
32.813
17338
439.937
33.762
491.799
The avera8enurnber oF￿aff empltrrfed durfngtheyear.
CharTtaUeAcii￿ts
Support
17
19
Noemployee retwved rWnUneri¢i￿ inexcessof£S0.14JOI2023-£rrill durln8theye3t
The total ￿P10YeeS benefits, 1ncludin8employwwnvibuti<￿90fthe key MarwentperS￿el
am¢unied to£59.91512013- £53.i351
rins theyearnoTrustee received arw r￿Unerati￿ oy btyyfrts in kind12023- £P41).
G￿ringthe yearnoTrustees receNed a reirnbu￿erneTrtoI wenses12023-ENil
TANGIBLE FIXED ￿￿ETs
21124
Totsl
equ¥irnert
COST
Atthebwnnin8oftheyear
Addityons duringthe year
Attheend ofthe year
DEPIIEaAnON
Atthe be8inningoftheyeor
0)8rÈe f4rtheyear
Atthe endof theyear
NET8OOKVAiUE
At31 March 2024
At31 March 2023
10.714
1.198
11.912
90.717
101,431
1,198
102,629
90,717
36314
9.Q72
45,386
42,104
12.380
9PJ8
2314
4.S24
45.331
54.403
48.145
59.327
DEBTOR5
2024
Totrl
2023
Otherdebior5
prepaymertts and acCn￿
36.415
15.369
51.n4
X1,234
5,961
56,195
CREDITORS- amomts falbngduewtthin one ￿ar
Total
Trade CredittyS
Other creditors
Accruals ¥nd deferred l*Kome
35.396
8.879
24.590
68,865
9.668
Y,946
29.346

ANaAL sfATEME14TS
FOR The YEAR ENDED Jtsl MARCH 2024
ii.
STATEMENTOF FUNOS at31.0324
cah*td
I￿￿offie
E¥v￿ll
Vnrestrkted FuTh15
General Funds
DEsi8nated Fund- Frank Ralfe Fund
De5i8naled Fund-newoffice5
268,496
Z3
1414,8581
1440.92BI
450.OLKI
9.072
353,233
450,0(K>
45,331
848,564
322A99
940.523
14148581
Restricied Fund5
Nalon81 Lottery Comrntsnlty hjnd
Southwat* AAultSoual Cère. Hospitl Wtke
RobErt ML41pine Foundation
5outhw3¢kCouncil INEi8hbLwtho￿I F￿￿$}
ThE UYey Farnily- Musical memorie5
Southw3rkAdultknal Care
MCFMasorM¢Charit3ble
Team london Brtd8e
s￿￿th￿ark(￿unL1l
63.155
52.4S7
87.778
1150,9331
152.4571
13.t251
117.091
ILO
16,5001
iio.00
I3.￿0)
13,7151
xx)
i?.0
9.375
10,000
3.715
115.612
15L583
1247,8201
19.375
Total Funds
Lsnfestrfcted Fund5
Restrirted Funds
322.899
115.612
438.511
94C,523
151,583
L092,LC
1414,8581
1247.320>
661678
848.564
19.375
867.939
STATEMEiif QF FUND5 at31.¢M.23
Carrfed
EzpÈfv1itL¥e
Llnre51ricted Funds
General Funds
Desi8n3ied Fund- offices
325.161
63.474
388,635
356,685
1422A211
9.071
9.Q711
268,496
54,403
312,899
356,685
1421421)
N￿tIL￿al Lotteryconwnunity Fwd
Swthwarkcounul ￿￿$h Funds ExEfa5ex7
The Home Instead- B¥i?8Joy Grant
UnFtEd St Saviour- Chry5tmas parties
Slr Robert McAlplne Foundation
5ouihwark Aduksocial Care- Hospitsl BuLWle
SouihwarkAdu￿S00￿l
M(F Masoniccharrtable
Warm Place
61.359
95.(195
36.
LS)J
(93.2991
136.6901
IL5001
13.(MKTrI
iio,owi
152,5431
iio.o
120,orN¥
15(K)I
D27,5321
63.155
lo.0￿7
20.toj
ss,000
io,(
52,457
156.359
185.785
I￿,612
Total Funds
Unrethrted Funds
Restricted Funds
388,635
156.359
544,993
356.685
186.785
543.469
1422,4211
1227.53ll
1649.9531
322.899
115,612
438,511
24

NOTESTOTHE HNANOALsfATEMEpirs
contlnued
FOR THE IEAR EPIOEO 31st MAR(N 2024
Staternèrrtof
De*n•ted Funds
De51
n3
Fund- Frank RalFE Fund
The namin8oFthe fund Is In reCwrti￿ olthe¢L￿5WJerab1E1e>￿Y lefttous iwthee51ateof Frank RalfE. a previ￿5
belleficiary of LiDk Agesouthwdrk. f4SO.Ikn) ha5 been all￿ated to Ihis fund vknith has been deswiated tOa551St
vthth ￿$tIng tharIta￿eprOJellsartd emer8lnE need £i¥en ihe Sh￿1￿Cante(0T#)rnLc￿tsSures and Lmcertsinty.
Thisfvnd has been set asidEtO fDverthewsts assoo41#lwtththe movEtonew pr￿￿25 in 2fj18.
Restricled FUTr
Nati4n¥l Ltstt
Commu
The wovtslon 0f￿r dern￿a ser*Kes.
rlAdu
Thi5proiectwa5 i£Ynrni55ioned byAdultSocial tseto prLMdE snoticfflal supwtforth05EJtten(filli hD5pital for
eletti¥esurÈery.
IneF
da
The CErtrKbutiDn frum Robert McPJpine5upportsthewNsion olowstKlal ￿da￿l￿ty￿12UPS
rk Counal
hbourhood Fund5
Thi5 5UPPOIt5ttr.e d￿1vE￿ofeXerVs2Y￿jps ir¥vJMmwity￿5edSetli￿ In￿￿&$hEll￿e¢ EKHJ5ing and
cal cornrnunitycentre5
The im Farnil -￿s1￿1 rnernorta
Supporbn8thedeli¥eryof¢ur speualisisinkinEwph)r peoplewith demertia
The Consortlurn of Oldv Pe￿￿5 $￿tes In SJuthvMk has a t(mtrartwlthAthltk(ial Care to Lwiver
Agtyngwell Stsuthwart,. Weareert)e olihe cons¢Ytiuffl proviotys.
Thisfvndin8 suppwtstheprthY5ion of ourbefrierKbwseThi
Team London Bri
Thi5fundin¥5upp£v1SthedelNeryola weeklysoci81 and lunch
so￿thWarkcaUn￿l
The Con5Qrtium ofOldwPeople5 SuvitE5in ￿thw￿k￿￿S a tontrattvAthAthEt S￿1?1 Careto deli¥er "Agelngwel
Southwark,. We3reone0f￿ cwsorioum pr(*thers

TE5TOT
PIANCIAL STATEMENTS
ENOED 3tsI MAR
ANALY&S OF NET ASSETS BEnVEEN FUNDS-31.03.24
Fund5
Tot•1
Tan8lble￿¥e0 Assets
CUrrentA￿et5
Currtttt Llaèlliues
2￿14
45.331
419,284 45Q.ClXI
168.8651
353233 4%331
48,145
888,659
ID8,8651
867.9J9
19.375
19375
ANAly￿S0FN￿AS$ETS BMVEEN FUNDS-31.03.23
Fut
Funds
Toul
TanglbleFixed Asstts
curr￿￿se
Currpnt ￿￿bilItieS
4.9Z4
292.918
129,3461
268A96 $4JOJ 115.611
54.403
59.327
408,530
129,3461
438,511
115.612
PENSION tOMMtTMENTS
The¢hartytomtniled uptc 5% ofgrosssalarSes into tkllE5T K*nsion scherre a5 appr￿￿ bythe 8oaRI ufTru5tee5.
Thep2ns(ons c05t th3r8e represents thetortrriLxtboTrspaid by1￿ charity irytotheSth￿e and amrwnied 10£17.938
12023-£18,6C¥JI.Atthe end aftheyear the b313nce¢ue ￿ the pen*thi pro¥vJeTwa5 £Nil12023- £2291
14.
RELATEO PARTYTRANSAcn&ws
Therew¥e no related partytraro8dion5 1* the yEar.
OPERAnp4G LEASECOMMITMENT
The ¢harityhartroTal eommiLm*thtsaithe endundeTOpef*ingleas888xptrw￿ a&toNows".
2023
Lets than l year
2-5yebrs
9.333
49.6iKI 4333
16,
TAXAIION
The£haritabie Gompany is registered as a chartyand ailof Its1n￿me(allsWihfft the èxempiion undeipart 11
of thet(Yporation TaxAct 2010.
17.
CONTrOL
Throughouttheyearthe Gharitywas controlled tyiisiriisie8s.
18.
SHARE CAPITAL
Th&¢h8rtry is a Eompanylimited nas no$h)re ￿pitaL
26

19.
COMPARATIVE STATEMENT OF FINANCIALAcnvinES-YEAR TO 31 MARCH 21)23
Yearerded31 Marth 1023
Year ended 31 Marth 202Z
FwNd5
INCOME AND ENDOWMEPUS FROM:
Dal￿tiOn4 Grants and LEgaciES
VoluTrtary InG¢me
176,232
186.785
363.017
246.140
259.612
505.752
charitab￿A(hY1tlas-sUppQrtsn6Ow•r Pwle
Fundraising
Ir￿￿5￿￿ent IncoFTre
London Boroughof SoutPrtAk
34084
3.713
8.656
38.iw
3.713
138.656
49.475
8n
138.656
49,475
872
138.656
TOTAL INCOME
354685
186.785
s43A70
435.143
259.612
694.755
EXPENDITURE FROM:
ChaFitableArtivitlFs- Supporti
Older Peop
399.729
227532
627.261
394.744
168.459
563,203
RalslnzFunds
21692
22.692
23,475
23,475
TOTAL expENDrruRE
42U21
227532
649.953
418.219
168A59
586,677
Net lncomel1Ex￿ndltuT0} befDre Twan51E
165.7361
(4N7471
IIOW31
16J26
glJ53
108,079
Transfe[5 bthveen FuTh15
Reconciliation of Funds..
Totsl Funds atihE #4rtofihE year
388,635
156.359
37L709
65.206
436,915
Total FurKIs *ihe erKI of the year
Al5￿12
438.511
388,635
IS6,359
544,994
The S[￿err￿￿t of Nnawkl ActfvItlesknc￿des all£ains aTrl1055es recoRnised in tl*year
27