|Index to the|Financial|Statements|Statements||Page|
|---|---|---|---|---|---|
|Legal and administrative|||information|||
|Chair's Report||||||
|Report ofthe|Trustees|||||
|Independent|Auditor's|Report|||15|
|Consolidated|Statement||of Financial|Activities|19|
|Consolidated|Balance|Sheet|||20|
|Charity<br>Balance Sheet|||||21|
|Consolidated|Statement||ofCash Flows||22|
|Notes to the|consolidated||financial statements||23 —45|





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|<br>rthe year ended 31 March 20|23|||||||
|---|---|---|---|---|---|---|---|
|||||Restricted|Unrestricted|||
|||||Funds|Funds|Total|Total|
|||||2023|2023|2023|2022|
||||Note|8|F|E|8|
|Income||||||||
|Income from generated<br>funds:<br>Donations<br>and legacies<br>Other trading<br>activities<br>Investment<br>income|||||14,459<br>84,420<br>3,492|14,459<br>84,420<br>3,492|9,896<br>67,891<br>1,090|
|Income from charitable<br>activities|||4|111,883|791,440|903,323|782,511|
|Total income||||111,883|893,811|1,005,694|861,388|
|Expenditure<br>on:<br>Raising funds<br>Charitable<br>activities|||7<br>7|115,934|76,082<br>799,456|76,082<br>915,390|67,969<br>730,635|
|Total expenditure|||7|115,934|875,538|991,472|798,604|
|Other finance costs|||||7,000|7,000|7,000|
|Net income/(expenditure)||||(4,051)|11,273|7,222|55,784|
|Transfers<br>between funds||||||||
|Other recognised<br>gains and losses||||||||
|(Loss)/gains<br>on<br>revaluation<br>investments||of|12||(5,274)|(5,274)|27,675|
|Actuarial<br>loss<br>on<br>defined|benefit|||||||
|pension scheme|||19||(24,000)|(24,000)|(13,000)|
|Net movement<br>in funds||||(4,051)|(18,001)|(22,052)|70,459|
|Reconciliation<br>offunds||||||||
|Total funds brought<br>forward <br>1 April 2022|at||17|4,051|1,838,354|1,842,405|1,771,946|
|Total<br>funds<br>carried<br>forward||at||||||
|31 March 2023|||17||1,820,353|1,820,353|1,842,405|





|||||||2023||2022|
|---|---|---|---|---|---|---|---|---|
|||||||E||8|
|||||Note|||||
|Fixed assets|||||||||
|Tangible assets<br>Intangible<br>assets<br>Investments||||11a<br>11b<br>12||806,532<br>6,588<br>260,231||826,433<br>9,883<br>265,505|
|||||||1,073,351||1,101,821|
|Current assets|||||||||
|Debtors||||13|133,364||76,801||
|Cash at bank and|in hand||||776,508||875,550||
||||||909,872||952,351||
|Current<br>liabilities|||||||||
|Creditors:<br>amounts<br>one year|falling||due within|14|(162,870)||(211,767)||
|Net current assets||||||747,002||740,584|
|Net<br>assets<br>excluding<br>liability|||pension|||1,820,353||1,842,405|
|Pension scheme<br>liability||||19|||||
|Net<br>assets<br>including<br>liability|||pension|||1,820,353||1,842,405|
|Income funds<br>Restricted<br>funds||||17||||4,051|
|Unrestricted<br>funds.<br>Designated<br>funds<br>Other charitable<br>funds<br>Non-charitable<br>trading||funds||||1,201,144<br>618,224<br>985||1,231,958<br>605,401<br>995|
|||||||1,820,353||1,842,405|
|Defined<br>benefit|pension||scheme||||||
|liability|||||||||
|||||||1,820,353||1,842,405|





## 

||||||2023||2022|
|---|---|---|---|---|---|---|---|
||||Note||6|||
|Fixed assets||||||||
|Tangible assets<br>Intangible<br>assets<br>Investment|||11a<br>11b<br>12||806,532<br>6,588<br>260,233||826,433<br>9,883<br>265,507|
||||||1,073,353||1,101,823|
|Current assets||||||||
|Debtors|||13|133,364||76,850||
|Cash at bank and|in hand|||775,523||874,506||
|||||908,887||951,356||
|Current<br>liabilities||||||||
|Creditors:<br>amounts|falling|due within||||||
|one year|||14|(162,870)||(211,767)||
|Net current assets|||||746,017||739,589|
|Net<br>assets<br>excluding||pension|||1,819,370||1,841,412|
|liability||||||||
|Pension scheme<br>liability|||19|||||
|Net<br>assets<br>including<br>liability||pension|||1,819,370||1,841,412|
|Funds|||17|||||
|Restricted funds|||||||4,051|
|Unrestricted<br>funds:||||||||
|Designated<br>funds<br>Other charitable<br>funds|||||1,201,144<br>618,226||1,231,958<br>605,403|
||||||1,819,370||1,841,412|
|Defined<br>benefit|pension|scheme||||||
|liability||||||||
||||||1,819,370||1,841,412|





|orthe year ended 31 Marc|h 2023||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||||5|
|Cash flows from operating|activities:||||||
|Net (expenditure)/income|||||(22,052)|70,459|
|Adjusted<br>for:<br>Depreciation<br>and amortisation|||||26,817|42,615|
|Loss on disposal oftangible<br>fixed|||assets||10,415||
|Loss/(gain)<br>on investments|||||5,274|(27,675)|
|Defined benefit pension|scheme|||||(11,000)|
|Investment<br>income|||||(3,492)|(1,090)|
|(Increase)<br>in trade and other receivables|||||(56,563)|(7,496)|
|(Decrease)/increase<br>in|trade|and||other|(48,897)|64,785|
|payables|||||||
|Net cash inflow from operating<br>activities|||||(88,498)|130,588|
|Cash flows from investing|activities||||||
|Purchase offixed assets|||||(14,036)|(16,935)|
|Interest received|||||3,492|1,090|
|Cash outflows from investing<br>activities|||||(10,544)|(15,845)|
|Net<br>(decrease)/increase|in<br>cash||&|cash|(88,042)|114,753|
|equivalents|||||||
|Opening cash &cash equivalents|||||875,550|760,797|
|Closing cash &cash equivalents|||||776,508|675,550|
||||||($8,042)|114,753|
|Cash and cash equivalents|consist||of:||||
|Cash at bank and in hand|||||776,508|875,550|





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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|fundsf|2023<br>f|2022f|
||Donations|||14,459|14,459|8,896|
||Legacies|||||1,000|
|||||14,459|14,459|9,896|
|3.|INCOME FROM INVESTMENTS||||||
||||Restricted|Unrestricted|Total|Total|
||||fundsf|fundsf|2023<br>F|2022f|
||Bank interest|||3,450|3,450|1,079|
||Dividend|income||42|42|11|
|||||3,492|3,492|1,090|





## 

## 

|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||fundsf|fundsf|2023|2022f|
|Grants||||||
|Trafford<br>ICB:||||||
|Day Support<br>MDT training|||55,055|55,055|52,992<br>1,000|
|Trafford Council:||||||
|Day Support<br>Falls Prevention|||16,142<br>80,170|16,142<br>80,170|15,540<br>59,440|
|Home Library|||27,500|27,500|27,500|
|Tap Funding<br>Gazebo|||12,000|12,000|12,000<br>1,024|
|Get Connected|||14,921|14,921|28,405|
|Household<br>Support<br>Fund<br>Winter Resilience||12,000|18,500|12,000<br>18,500|5,000<br>18,500|
|Volunteer<br>recruitment|||16,005|16,005|3,518|
|Hub funding<br>Other (incl Covid based)<br>Healthy<br>Lifestyles|||63,327<br>13,000|63,327<br>13,000|38,993<br>21,838<br>19,160|
|Trafford<br>Council<br>/ Trafford|ICB|||||
|(joint funded):<br>Dementia Adviser Project<br>Skills for Care|||116,000<br>18,340|116,000<br>18,340|116,000<br>13,654|
|South<br>Trafford<br>Primary<br>Network Social Prescribing|Care||37,307|37,307|62,733|
|Trafford<br>West<br>Primary|Care|||||
|Network Social Prescribing|||37,563|37,563|36,192|
|Central<br>Primary<br>Care<br>Network||||||
|Social Prescribing|||9,546|9,546||
|Age UK<br>Warm Homes|||21,842|21,842|17,298|
|Big Knit<br>Walking<br>Football<br>MOST funding<br>Private Payers Day Support<br>Ambition<br>forAgeing||2,352<br>9,634<br>10,758|190,671|2,352<br>9,634<br>10,758<br>190,671|3,628<br>141,246<br>2,000|
|Age<br>UK<br>Salford<br>Nutrition<br>Hydration<br>DWP Kickstart|8||5,546|5,546|5,400<br>22,708|
|Trafford<br>Collective<br>Partner||||||
|Payment|||6,000|6,000|6,500|
|Community<br>Transport<br>Association||11,309||11,309||
|Trafford<br>Housing<br>Trust:<br>Mental<br>Health<br>funding||50,830||50,830||
|Winter Support<br>Other income||15,000|29,773|15,000<br>29,773|39,076|
|Other Covid based funding|||2,232|2,232|11,166|
|||111,883|791,440|903,323|782,511|





## 

## 

## 

|he profit|and loss account for t|he year ended 31 March 20|23 isas follows:||
|---|---|---|---|---|
||||2023|2022|
||||E|8|
|Turnover|||2||
|Operating|costs||(12)|(49)|
|Retained|loss in the subsidiary|for the year|(10)|(49)|



## 

|The assets|and l|iabili|ties|of|Age UK Trafford (Trading)<br>Limit|ed at 31 March 2023 were|:|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||E|8|
|Current assets||||||985|1,044|
|Creditors:|amounts||falling||due within one year||(49)|
|Total net assets||||||985|995|
|Aggregate|share of||capital||and reserves|985|995|
|GOVERNANCE||COSTS||||||
|||||||2023|2022|
||||||||E|
|Staff costs||||||7,172|5,206|
|Legal and <br>Office and|professional<br>fees<br> communication<br>costs|||||14,665<br>1,010|12,162<br>1,185|
|||||||22,847|18,553|





## 

## 

|||lO0u|lO0|a0u|a<br>D c<br>c c<br>a~<br>l5<br>Q<br>Cl C|||
|---|---|---|---|---|---|---|---|
|||c<br>Cl<br>C<br>0|lOc<br>lO<br>E|Cl<br>C|a<br>w<br>cf a<br>'0 C0<br>CO|2023<br>Total|2022<br>Total|
|Costs of||||||||
|generating||||||||
|funds||||||||
|Fundraising|2,040||158|997||3,195|954|
|Charity shops|44,718|205|20,195|6,843|913|72,874|66,966|
|Commercial||||||||
|operation|||||13|13|49|
||46758|205|20 353|7840|926|76,082|67969|
|Charitable||||||||
|activities||||||||
|Enabling<br>older<br>people|684,007|2,193|54,515|147,561|4,267|892,543|712,082|
|Governance||||||||
|costs|7,172||138|872|14,665|22 847|18,553|
||691,179|2 193|54,653|148433|18932|915390|730,635|
|Total||||||||
|expenditure|737,937|2,398|75006|156,273|19858|991472|798604|



|Total expe|nditure<br>ofth|e charity and the subsidi|ary<br>includes:|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||6||
|Auditor's|remuneration|—audit and accounting|fees|11,640|9,000|
|Auditor's|remuneration|—other non audit fees|||420|
|Depreciation<br>and amortisation<br>Operating<br>leases||||26,817<br>15,968|42,615<br>20,872|





## 

## 

|||||2023f|2022f|
|---|---|---|---|---|---|
|Salaries and wages<br>Social security costs<br>Pension contributions||||630,866<br>46,952<br>47,575|508,029<br>34,285<br>40,517|
|Funding<br>actuarial<br>deficit||||30,924|30,924|
|||||756,317|613,755|
|Adjustment<br>from movement<br>valuation|in defined|benefit pension scheme||(31,000)|(31,000)|
|||||725,317|582,755|
|The average weekly number|ofemployees||during the year was:|Number|Number|
|Management<br>and administration<br>Retail operations<br>Enabling<br>older people||||2<br>3<br>22|2<br>3<br>18|
|||||27|23|



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## 

|||||||||Consolidation|Consolidation|
|---|---|---|---|---|---|---|---|---|---|
|2023||||Charity|Company|||adjustments|Total|
|||||funds||funds||2023|2023|
|||||8|||E|||
|Income|||1,005,692||||||1,005,694|
|Expenditure|||(991,460)||||(12)||(991,472)|
|Net income/(expenditure)||||14,232|||(10)||14,222|
|Loss on|investment|||(5,274)|||||(5,274)|
|Other finance costs||||(7,000)|||||(7,000)|
|Actuarial|loss|||(24,000)|||||(24,000)|
|Retained|resources|for the year||(22,042)|||(10)||(22,052)|
|urther details ofthe||results ofthe trading||subsidiary|are|set|out in|note 5.||
|here were no other||differences|in the movements||in funds between|||the Charity|and the group.|
|||||||||Consolidation||
|2022||||Charity|Company|||adjustments|Total|
|||||funds<br>6||funds<br>8||2022<br>F|2022f|
|Income||||861,388|||||861,388|
|Expenditure|||(798,555)||||(49)||(798,604)|
|Net income||||62,833|||(49)||62,784|
|Gain on|investment|||27,675|||||27,675|
|Other finance costs||||(7,000)|||||(7,000)|
|Actuarial|loss|||(13,000)|||||(13,000)|
|Retained|resources|for the year||70,508|||(49)||70,459|





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## 

|Group and Charit|y||||||
|---|---|---|---|---|---|---|
|||Long|||Leased||
|||leasehold|Motor|Fixtures &|building||
|||buildings<br>8|vehicles<br>6|equipment<br>8|alterations<br>8|Total<br>F|
|Cost|||||||
|At 1 April 2022<br>Additions||940,494<br>10,000|67,852|60,331<br>4,036|12,204|1,080,881<br>14,036|
|Disposals||(11,952)||(1,493)||(13,445)|
|At 31 March 2023||938,542|67,852|62,874|12,204|1,081,472|
|Depreciation<br>At 1 April 2022<br>Charge for year<br>Disposals||119,612<br>18,613<br>(1,537)|64,428<br>3,424|58,204<br>1,485<br>(1,493)|12,204<br>-|254,448<br>23,522<br>(3,030)|
|At 31 March 2023||136,688|67,852|58,196|12,204|274,940|
|Net book amount|at 31||||||
|March 2023||801,854||4,678||806,532|
|Net book amount|at 31||||||
|March 2022||820,882|3,424|2,127||826,433|



## 

## 

|NTANGIBLE FIXEDASSETS<br>Group and Charity||
|---|---|
||Software|
||6|
|Cost||
|At 1 April 2022|23,366|
|Additions||
|At 31 March 2023|23,366|
|Amortisation||
|At 1 April 2022|13,483|
|Charge for year|3,295|
|At 31 March 2023|16,778|
|Net book amount at 31 March 2023|6,588|
|Net book amount at 31 March 2022|9,883|





## 

## 

|FIXEDASSE|T INVESTME|NTS||||||
|---|---|---|---|---|---|---|---|
|The group||||||2023<br>Total|2022<br>Total|
|||||||6||
|Market value at 1 April 2022<br>(Loss)/gain<br>on investment||||||265,505<br>(5,274)|237,830<br>27,675|
|Market value at 31 March||2023||||260,231|265,505|
|The Charity||||||||
|As above||||||260,231|265,505|
|Investment|in subsidiary|company (see below)||||2|2|
|||||||260,233|265,507|
||||||||Reserves|
||||Class of||Proportion||31 March|
|Name|||shares|held|held||2023|
||||||||E|
|Age UK Traiford (Trading)||Limited|Ordinary||100%||985|



## 

|||||The Group||The Charity||
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
|||||F||6|6|
|Other debtors||||3,575|3,575|3,575|3,575|
|Amounts|owed||by Age UK Trafford||||49|
|(Trading)<br>Limited<br>Prepayments<br>and accrued income||||129,789|73,226|129,789|73,226|
|||||133,364|76,801|133,364|76,850|





## 

## 

||||The|Group|The Charity||
|---|---|---|---|---|---|---|
||||2023f|2022f|2023<br>f|2022<br>f|
|Accruals|||122,841|89,462|122,841|89,462|
|Deferred|income|(see below)|40,029|122,305|40,029|122,305|
||||162,870|211,767|162,870|211,767|
|DEFERRED INCOME —GROUP AND CHARITY|||||||
||||||2023|2022|
|Balance|at 1 April|2022|||122,305|76,420|
|Amount|released|to income|||(122,305)|(76,420)|
|Amount|deferred|in the year|||40,029|122,305|
|Balance|at 31 March 2023||||40,029|122,305|



## 



## 

## 

|assets|measured<br>at amortised<br>cost:|||||
|---|---|---|---|---|---|
|||The|Group|The|Charity|
|||2023f|2022f|2023|2022f|
|Included|within debtors and cash at|||||
|bank and|in hand|906,297|945,344|905,312|944,349|



|liabiliti|es mea|sured<br>at amortise|d cost:||||||
|---|---|---|---|---|---|---|---|---|
||||The|Group||The|Charity||
||||2023<br>F||2022f|2023f||2022f|
|Included|within|creditors|121,741||89,427|121,741||89,427|





## 

## 

## 

## 

## 

|GROUP||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Balance at|Income|Expenditure|Balance at|
|||||||31 March|incl|incl<br>DBS/|31<br>March|
|||||||2022|gain/lossf|transfers<br>F|2023<br>F|
|Restricted||||||||||
|Household<br>Support Fund<br>Walking<br>Football||||||4,051|12,000<br>9,634|(16,051)<br>(9,634)||
|Big Knit|||||||2,352|(2,352)||
|MCST funding|||||||10,758|(10,758)||
|THT Mental|Health||||||50,830|(50,830)||
|THT Winter|Support||||||15,000|(15,000)||
|Community|Transport||Association||||11,309|(11,309||
|||||||4,051|111,883|(115,934)||
|Unrestricted||||||||||
|Designated|funds:|||||||||
|Project development<br>continuity|||and services|||352,226|284,615|(285,717)|351,124|
|Fixed asset|fund|||||836,316||(23,196)|813,120|
|Sharpies<br>building||fund||||43,416|25,145|(31,661)|36,900|
|||||||1,231,958|309,760|(340,574)|1,201,144|
|Other charitable<br>funds||||||605,401|578,775|(565,952)|618,224|
|||||||1,837,359|888,535|(906,526)|1,819,368|
|Non-charitable<br>trading||||funds||995||(12)|985|
|||||||1,838,354|888,537|(906,538)|1,820,353|
|Total funds|before|defined|||benefit|||||
|pension<br>liability||||||1,842,405|1,000,420|(1,022,472)|1,820,353|
|Defined benefit pension||||liability||||||
|Total funds||||||1,842,405|1,000,420|(1,022,472)|1,820,353|



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## 

## 

|Analysis|ofnet assets between funds||||
|---|---|---|---|---|
||2023|Unrestricted|Restdicted|2023|
|||funds|funds|Total|
|||E|8|F|
||The group<br>Tangible fixed assets<br>Intangible<br>fixed assets<br>Investments|806,532<br>6,588<br>260,231||806,532<br>6,588<br>260,231|
||Net current assets|747,002||747,002|
||Pension<br>liability||||
|||1,820,353||1,820,353|
||The Charity<br>Tangible fixed assets<br>Intangible<br>fixed assets<br>Investments|806,532<br>6,588<br>260,233||806,532<br>6,588<br>260,233|
||Net current assets|746,017||746,017|
||Pension<br>liability||||
|||1,819,370||1,819,370|
||2022|Unrestricted|Restricted|2022|
|||funds|funds|Total|
|||||Z|
||The group<br>Tangible fixed assets<br>Intangible<br>fixed assets<br>Investments|826,433<br>9,883<br>265,505||826,433<br>9,883<br>265,505|
||Net current assets|736,533|4,051|740,584|
||Pension<br>liability||||
|||1,838,354|4,051|1,842,405|
||The Charity<br>Tangible<br>fixed assets<br>Intangible<br>fixed assets<br>Investments|826,433<br>9,883<br>265,507||826,433<br>9,883<br>265,507|
||Net current assets|735,538|4,051|739,589|
||Pension<br>liability||||
|||1,837,361|4,051|1,841,412|





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||||||31 March||31 March|31 March|31 March|31 March||31 March|31 March|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Assumptions<br>as at|||||2023|||2022||2021|||2020|
|Rate ofincrease to pensions<br>in payment<br>members<br>who leR service before 6/4/97|||for||3.25%|||3.6%||3.1%|||3.0%|
|Discount rate for scheme|liabilities||||4.85%|||2.8%||2.1%|||2.2%|
|Inflation<br>(RPI) assumption|||||3.25%|||3.6%||31%|||2.8%|
|he mortality<br>assumptions|for the disclosures|||at|31 March 2023were:|||||||||
|31 March 2023||31 March|2022||31|March||2021||31|March||2020|
|100%ofS3PMA base|95%|of<br>S3P|base||95%<br>of|S3P||base|S3P|base|||tables|
|tables<br>for males<br>and|tables<br>projected|||by|tables<br>projected|||by|projected||by|year<br>of||
|100%<br>of<br>S3PFA<br>M|year|of birth assuming|||year of birth||assuming||birth|assuming|||future|
|base<br>tables<br>for<br>females<br>projected<br>by<br>year of birth assuming<br>future<br>improvements<br>in line with<br>CMI 2021|future<br>improvement<br>in<br>line<br>with<br>CMI<br>2021<br>core projections<br>with a<br>long-term<br>rate<br>of<br>improvement<br>of 1.0%||||future<br>improvement<br>in<br>line<br>with<br>CMI<br>2020<br>core projections with a<br>long-term<br>rate<br>of<br>improvement<br>of 1.0%||||improvement<br>in<br>line<br>with<br>CMI<br>2019 core<br>projections<br>with a long-<br>term<br>rate<br>of<br>improvement<br>of 1.0%|||||
|projections<br>(with|pa.||||pa.||||pa.|||||
|parameters<br>Sk = 7.0,||||||||||||||
|A<br>=<br>025%<br>and||||||||||||||
|w2020/w2021<br>=10%)||||||||||||||
|and a long-term<br>rate||||||||||||||
|of<br>improvement<br>of||||||||||||||
|1.25%pa.||||||||||||||
|The<br>assumed<br>life<br>retirement<br>at age 65 are:|expectancies||on|31 March<br>2023|||31 March<br>2022||31 March<br>2021|||31 March<br>2020||
|Retiring today - males<br>Retiring today - females<br>Retiring<br>in 20 years - males<br>Retiring<br>in 20 years - females|||||86.8<br>88.8<br>88.1<br>90.2|||87.1<br>89.5<br>88.1<br>90.6||87.1<br>89.4<br>88.1<br>90.6|||86.7<br>89.0<br>87.7<br>90.2|





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|2023|2022|
|---|---|
|E'000|E'000|



|Administration|expenses||||||
|---|---|---|---|---|---|---|
|Total operating|charge recognised||in Statement of Financial||||
|Activities|||||||
|Analysis ofthe|amounts|credited|i(charged) to other comprehensive||income||
|||||2023||2022|
|Taken to other comprehensive<br>income||||E'000||E'000|
|Actual return<br>on pension||scheme|assets|(322)|||
|Less: amounts|included|in net interest on the|||||
|net defined<br>benefit<br>liability||||(37)||(29)|
|Remeasurement|gains|and<br>losses|||||
|recognised<br>in <br>income|other<br>comprehensive|||(359)||40|



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|nalysis<br>osses|of the|amou|nts<br>includ|ed<br>with|in<br>the statem|ent<br>of total recogni|sed<br>gains|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||E'000|E'000|
|Actual|return|less|expected|return|on|||
|pension|scheme|assets||||(359)|40|
|Experience gains and <br>scheme<br>liabilities|||(losses) arising on||the|310|39|
|Change|in effect|ofasset ceiling||||25|(92)|
|Actuarial|loss|||||(24)|(13)|





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|Changes<br>in the fair value of pla|n as|sets are analysed as follow|s:||
|---|---|---|---|---|
||||2023|2022|
||||E'000|E'000|
|Assets<br>in scheme at start ofyear|||1,451|1,403|
|Movement<br>in year:<br>Interest income on scheme assets|||37|29|
|Actuarial<br>(loss)/gain<br>on scheme assets<br>Contributions<br>by company|||(359)<br>31|40<br>31|
|Benefits paid|||(56)|(45)|
|Administration<br>costs|||(7)|(7)|
|Assets<br>in scheme at end ofyear|||1,097|1,451|
|Changes<br>in the present value ofthe||defined benefit obligations|are analysed|as follows:|
||||2023|2022|
||||F000|K'000|
|Liabilities<br>in scheme at start ofyear|||1,359|1,414|
|Movement<br>in year:<br>Interest cost|||37|29|
|Experience<br>(gains)/losses|on|scheme|(310)|(39)|
|liabilities|||||
|Benefits paid|||(56)|(45)|
|Liabilities<br>in scheme at end ofyear|||1,030|1,359|
|Movement<br>in deficit during the|year||||
||||2022|2022|
||||6'000|K'000|
|Deficit in scheme at start ofyear|||||
|Movement<br>in year:|||||
|Current service cost etc|||(7)|(7)|
|Contributions|||31|31|
|Actuarial<br>(loss)/gain|||(49)|79|
|Change<br>in effect ofasset ceiling|||(25)|(92)|
|Deficit in scheme at end ofyear|||||



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|.<br>PRIOR YEAR CONSO|LID|ATED<br>STATEMIE|NT OF FINANCIAL|ACTIVITIES||
|---|---|---|---|---|---|
||||Restricted|Unrestricted||
||||Funds 2022<br>f|Funds 2022<br>f|Total 2022f|
|Income||||||
|Income from generated<br>funds<br>Donations<br>and legacies<br>Other trading<br>activities<br>Investment<br>income||||9,896<br>67,891<br>1,090|9,896<br>67,891<br>1,090|
|Income from charitable<br>activities|||63,495|719,016|782,511|
|Total income|||63,495|797,893|861,388|
|Expenditure<br>on:<br>Raising funds<br>Charitable<br>activities|||59,444|67,969<br>671,191|67,969<br>730,635|
|Total expenditure|||59,444|739,160|798,604|
|Other finance costs||||7,000|7,000|
|Net income|||4,051|51,733|55,784|
|Transfers<br>between funds||||||
|Other recognised<br>gains|and|losses||||
|Gains on revaluation<br>of investments||||27,675|27,675|
|Actuarial<br>(loss) on defined<br>scheme|benefit pension|||(13,000)|(13,000)|
|Net movement<br>in funds|||4,051|66,408|70,459|
|Reconciliation<br>offunds||||||
|Total funds brought<br>forward <br>1April 2021||at||1,771,946|1,771,946|
|Total funds carried forward||at 31 March||||
|2022|||4,051|1,838,354|1,842,405|