r){￿l¢ly i e r
Company registration nuinber.. 04969814
Charity registration nuniber.. 1109346
Age Concern Sandwich Centre for the Retired
(A company liniited by guarantee)
Annual Report and Financial Stateineiits
for tlie Year Ended 31 March 2025
Balchelor Coop Ltd
Balchelor Coop Ltd
The Neiv Barn
Mill Lane
Easlry
Sandwich
K¢nt
CTI3 OJW

Age Conccrn Sandwich Centre for the Retired
Contents
Refereiice and Admiijislrative Details
Trustees, Report
2105
ndepeiident Exaiiiiner's Report
Sialemenl of Financial Activilies
7108
Balance Sli¢et
910 10
Notes to the Financial Slaleinents
Cliai'ily Statiis

Age Concern Sandivich Centre for tlie Retired
Reference and Administrative Details
Trustees
J O Sneller Cliairinan FRICS
P G Graeme M.B.E., J.P.
P Hai'ris
J E Franklin
L C O'Donogliue
J Mal¢s
SecrelAI'y
P G Gra¢me M.B.E., J.P.
Cliarity RegistrAtion Number
1109346
ConipAny RegistrRtion Number
04969814
Tlie charity is incorporated in England and Wales.
Sneller House
19-21 Cattle Market
Sandwich
CT13 9AP
Registered O￿let
Auditor
Balchelor Coop Ltd
Balchelor Coop Ltd
The New Barn
Mill Lane
Easlry
Sandwich
Kent
CT13 OJW
Solicitors;
Stilwell and Singleton
Potter Street
Sandwich
CT13 9DR
Bankers
HSBC
9 Rose Lane
Canterbury
Kenl
CTI 2JP
Page I

Age Concern Sandiyicli Centre for the Retired
Trustees, Report
The trustees, who are directors for the pui'poses of coinpany law, present the annual report together witli the
finaiicial stateinenls of the charitable company for the year ended 31 March 2025.
Objectlve5 aiid hctivities
Tl)e objectives of Age Concern Sandwicli Cenire for the Retired reinaiii unchanged aiid are to promote tl)e
Welfa￿ of the over 50s iii Sandwich aiid tlie siirrouiiding villages, aiid offer cliiropody, l)airdi'essing, cui'ative
therapy. talking 11)erapy, bathiiig, hot Ineals, Iraiispoi'l, Meals on Wheels, Befriending, aiid ali infoi-iiialion aiid
advice service froi)) 11)e Well-beiiig Centre. We also welcome people wlio jiisi pop iii for snacks and driiiks. In
addition. we offer a wide l'ange of social activities both within the Ceiitre such as Chair Yoga and scrabble
clubs. The Cliief Officers woi'k closely will) the Slaiul(Ii'y Bi)di¢s such as Kent County Coiincil, Dover Di%lrict
Council. Voluiilai'y Organizations, Genei'al Praciilioiiers, Carers and Families in Ilie hope tlial no 01)e is lefi iii
need.
Respit¢ care for 11)ose living willi a Deimeiitia and Ilieir cai'ers is offered Ilirough tlie Sunflower Ceiilre. Tlie
Ceiilre liope5 to expand on Iliis liiglily successful service.
Overall responsibility for the financial, day lo day running and achieving ainis aiid objectives of Ilie charity is
witli Il)e Chief o￿L¢er, Beli Garralt. The Cl)ief Ofticer i'epoils I'egularly to Il)e board of Trustees, wllo decide the
strategic aims and objectives of tlie cliarily. Tlie Well-Beiiig Centre and shops are managed by Jackie Marsl)
wlio is oiir opei'alioiis Inana%er. Deinenlia services aiid Sui)flow¢r Centre are Inaiiaged by Sally Barelay. Both
operalions mai)ager aiid Deiiienlia services Imanager report to the Chief Officei. wlio reports to the board of
Irusl¢es,
All Stuff and voluiiteers work excepiionftlly well as an organised teain to provide probably Ilie best Age Concei'ii
facilities iii Kent.
We are also Frieiids of Age UK,
All our e07npaiiy policies including l)ealili and safety, fire safety, safeguardiiig, financial, reserves, data
pi'oleclion aiid privacy policy liave beeii Ihoi'oLiglily reviewed iii Ilie last year and are all up lo dal¢.
Piiblic beiiefit
Tlie Iriistees ronfiriii Iliat they liave coiiiplied iviih the requireineiils of section 17 of the Cliarilies Act 201110
have diie I'egard lo the public beT)efit giiidance published by Ilie Charity co]￿[nISsio11 for Eiigland aiid Wales,
Page 2

Age Concern Sandivieli Centre for the Retired
Trustees, Report
Achievements and performance
Age Concern was set up in 1980 and since April I st, 2004, the Centre l)as been operated by Age Concern
Sandwich Centre for the Retired, a compaiiy liniiled by guarat)tee aiid l)as registered this ¢ompai)y with the
Charities Commission,
As slated in previous years we are unable to extend our facilities further due to the structural size of the
prei)iises. However, we continue striving to mainlain a coinfortable, clean, and welcoming Centre for our
clients. All staff ha5 received appropriate training in all aspects of their jobs and further training is planned.
Age Concern Sandwich Centre for the Relired runs two Charity Shops it) Sandwich which are vital in financially
supporting the Day Cenlre. The Charity Shop5 iii Market Street and Caiile Market continue to make a greal
contribution lo the Centre's finances.
Both ihe Well-being Centre and Charity Shops continue to rely heavily on the invaluable help given by our
volunteers wl)o work tirelessly for oiir cause. These voluiiteers are overseen by the opei?tions manager, who has
day lo day responsibility for all matters relating lo the Well-being Cenlre and Charity Shops.
None of our volunteers are expected lo lift, bath or toilet any clients diie to Ihe fact that the majority are elderly
people themselves. They do however work in our Flairdressing S&lon, the Main Ceiiire, the Tea Bar, Meals on
W])eels, Befriending and Charity Shops.
Financial review
Age Concern Sandwich Centre for the Retired has no longer lias an annual graiit from Kent County Coiincil
Social Service5. The Trustees continue lo review fully, the finances of the Charity. Fui)ds are raised from granl
givers aiid Dover District Council, who we operate the household support fund for. This fund was for £47,500
and was Lised to help the people of Sandwich aiid the surrounding towns and villages.
The assets held by Age Concern Satkdwich Cei)Ire for The Retired will continue to be used to carry out Ihe
Cenlre's obj¢cliv¢s.
During tlie year, income exceeded expenditure by £19,645 increasing Ilie reserves brouglit forward of £960,539
lo give cumulaiive reserves at 31 st March 2025 of £980,184,
Poltcy on reserves
Our policy is to continue building up reserves to a level by means of aniival operating surpluses and judicious
management of our invcslii)ent assels. There are plans for niajor capilal inveslments and expenditure in the
coming ye¥dr. Tlii$ includes renovating disabled toilets and refurbishing the befriending café. The total cosl of
these pi'ojecls will be li) the region of £40,000. Further plans to refurbisli tlie trealinent room and hairdressers
will be dis¢iissed by the trustees during the next 12 months,
Structurei governance and management
Recruitment and appointment of trustees
The centre has polioies and procedures in place for recruiting and induction, and training of new Trustees.
ArrAngement$ for setting key management personnel remuneration
Remuneration of staff al all levels is reviewed al least annually in accordance with pollcies sel out and agreed by
Trustees and in accordance with Gov¢rnment Legislation on Living Wage.
Page 3

Age Concern Sandivich Centre for the Retired
Trustees, Report
OrgAnisotiono1 slructure
In relation to the strucllire and admiiiistratioi) of tl)e Trust and the Compaiiy. there have been no changes SiT?ee
our report last year. Tlie assets of tlie coii)paiiy are vested in coiT)pany-registered number 4969814 named Age
ConceiT) Sandwich Ceiilre foi. tlie Retired. Tlie coinpai)y is liinited by guarai)lee aiid is registered As a charity
nui))ber 1109346.
Modcrnization of the Centre
We continue lo improve the exisling Well-Being Ceiitre and inake our facilities attractive not only lo our
existiiig clients but to the public iii Sandwich in general. We liave a rolliiig niainlenance pi'ogram and plan to
genei'¢illy iinpi'ov¢ the ¢oiidition of th¢ WLII-bLing Ccnli'L lo in¢r¢ase its popularity.
Fund Aceouiitliig
Tlie directors Inaintain a restricted fuiid lo cover the riini)ii)g costs ii)cuiYed in respect of the minibus. Appeal
Funds raised will also becoine reslricled fui)ds
Risk ManAgemeiit
The Ti'ustee5 exainine tli¢ ii)ajor risks thal Ilie Charity faces each financial year when preparing and updaling the
strategic plan. Tl)e Charity is developing sysle1115 to Inonitor aiid conti'ol Iliese I'isks to Initigale ally iinpacl that
Il)ey may have oil the future of Age Concern Sandwich Centi'e for The Retired.
Coiinected Cha Yllle$
Age Concern Saiidwich Centi'e foi. The Relii'ed is an autonomous Charity. Our association wilh Age UK is
purely in ali advisory ¢apa¢ity.
SMAII eoiiipanies pi'ovlsS011 stAleinent
This report l)as beeli prepared iii accordai)ce witli ihe sinall companies regiine under the Coinpanies Act 2006.
Stfitcmciit of Respoiislbllllles
'I'he ti'ustees (who are also tlie directors of Age Concern Sandwicl? Centre for Ilie Relired for the piirposes of
company law) are responsible for preparing tlie Iruslees, report and the financial slaleinents in accordance witli
applicable law and Uiiiled Kii)gdom Accounting Standards (United Kingdorn Generally Accepted Accoiinlii)g
Practice), including FRS 102 'The Financial Reporting Siandard applicable in the UK and Republic of Ireland"
Coiiipany law requires the Iruslees lo prepare financial statemeiits for eacli financial year. Uiider company law
the ti'ustees rnusl not approve the financial slateineiils unless they are satisfied that they give a true and fair view
of the slate of affairs of the cliaritable coinpaiiy and of the incoming resoiirces and application of re5011rce5,
including its income and expenditure, of the charitable coinpany for that period. In prepariiig these fJiian¢ial
stalenients, the trustees are required to:
select suitable accoiinling policies and apply Iliein coiisistenlly;
obs¢rve th¢ iii¢ihods and principles iii the Cliarilies SORP;
make jiidgements and estimates tliat are reasoi)able and prud¢nl'
slate wliether applicable accoiinling standards, coiMpri5iiig FRS 102 have been followed, subj¢cl to any
material departures disclosed and explained in tlie financial slatements. and
pIEpare the financial slaleinents on the goiiig coiicerii basi5 unless it is inappropriate to presuim¢ that the
liarilable coinpany will conliiiue in bustness.
The tl'UStees are responsible for keeping proper accounting records that can disclose willi r¢asonable a¢¢uracy al
any lime the financial position of the charitable conipany and enable them lo en5Ut'e Ihat Ihe financial 5taiemeiits
comply with the Companies Act 2006. Tliey al'e also r¢spoiisible for safeguarding the a5se15 of Ilie charitable
company and hence for taking reasonable steps for ilie prevention and detectioii of fraud and other irregulai'ilies.
Page 4

Age Concern Sandwich Ccntre for the Retired
Trustees, Report
Tlie trustees are responsible for the Inainlenaiice and integrity of Ilie corporate and financial infonnation
included on the charitable company's website. Legislation governing ili¢ preparation and dissemit)ation of
financial Statements niay differ from legislation in other jurisdictions.
Tlie aniiiial report was approved by the trusiees of the charity on 27 Jiine 2025 and Si￿ed on its belialf by.,
J O Sneller Cliairrnan FRtcs
TrLlStee
raeme M.B.E.. J.P.
Company Secretary
Page 5

Age Concern Sandivich Centre for the Retired
Independent Examiner's Report to the trustees of Age Concern Sandivieli Centrc for
the Retired ('tlic Compéqny,)
I report to th¢ chai'ily Irustees on my examiiialion of tlie accoiinls of the Company for lh¢ year ¢iided 31 March
2025.
Responsibilities ai)d bASiS of report
As Ihe cl)arity's trustees of the Coinpaiiy (and also ils dii'eclors for the pU￿OseS of cDmpany law) you are
responsible foi. tlie pi'eparalion of the accounts in accordaiice with the requirei)ienls of tlie Companies Act 2006
('Ihe 2006 Act,).
Having satisfied Inyself that Ihe accounts of tlie Company are not required to be audited undei. Pai't 16 of the
2006 Act &nd al'e eligible for ii)dependent examination, I report iii r¢5P¢Ct of my exainination of your charity,
accouiils as carried out under section 145 of Ilie Charities Act 2011 {'tlie 2011 Act,). In carrying out my
exaininalioii I have followed (he Direclioiis given by Il)e Charity Corninission under section 145(5)(b) of the
2011 Act,
Iii(lependent examlner's 5toteni¢nt
Siiice the Coinpaiiy's gross incoine exceeded £250,000 your examiner It)usl be a ffle1￿ber of & body listed iii
seclioi) 145 of Ilie 201 l Act. I confiriii Iliat l an) qUl¢ lifted to undei'lak¢ the examination because l ain a meinber
of The Institute of Cl)artei'ed Accout)lanls in Ei)gland and Wales, which is one of the listed bodies.
liave cornpleled my exan)inalion. l confirm 11)at no matters liave coine lo my attention in connection with ihe
exaiiiinalion giving me cause lo believe..
I, accounting records were not kept iii i'especl of Age Concern Sandwicli Centre for the Relired as required
by seclioii 386 of ilie 2006 Act. or
2. the accounts do not accord willi those records,, or
3. the arcounts do not coniply with the accounting requireimeiits of seclion 396 of the 2006 Act other than
any requireillent tlial (he accounts give a 'true and fair view, wliich is not a matter considered as pai't of an
independent examiiialioii, or
4. the accoiinls l)ave not been prepared ii) accordance with ilie Inelhods and principles of the Slalemeiit of
Recominended Pracli¢e for accoiinting and reporting by cliarities [applicable lo charities preparing their
a¢¢ounts in a¢coi'dan¢e with the Finaiicial Reportiiig Standai'd appli¢able in tli¢ UK and Republic of
Irelai)d (FRS 102)],
l)ave no coiicerns and have coime across i)0 oll)er mlliters in connection willi 11)e examiiiatioii to wliicli attention
slioiild be drawn in Iliis repoi
ii) order to ei)able a pi'oper uiiderstanding of Ilie accoui)Is io be l'eached.
Grahani Rennells
Iiidepeiident Exaininer
Batchelor Coop Ltd
Tlie Institute of Chaiyered Accounlanls in Eiigland and Wales
The New Barn
Mill Lane
Easty
Sai)dwich
Kei)t
CT13 OJW
l July 2025
Page 6

Age Concern Sandivich Centre for the Retired
Statement of Financial Activities for the Year Ended 31 March 2025
(Including Income and xpenditurc Account and Statement of Totli l Recognised Gains
and Losses)
Total
2025
Total
2024
Unrestricted
Restricted
Note
Income and EndowmeI)ts from:
Donations and legacies
Charitable activilies
Invesltnent incoine
81,725
527,320
12,248
81,725
577,883
12,248
253,044
458,592
5,947
50,563
Total Ii)¢oine
621,293
50,563
671,856
717,583
Expenditure oji:
Charitable activities
(587,123
(64,053)
651,176)
(554,423)
Total Expendilure
(587,123)
(64,053)
651,176)
(554,423)
Nel income/(expenditure)
Other retognised gains and
losses
GAii)s/losses on investment
assets
34,170
(13,490)
20,680
163,160
1,035
(1,035)
23,662
Nel movement in fund5
33,135
(13,490)
19,645
186,822
Recoiitllialion of fiinds
Total fund5 brought forward
Tolal funds carried forward
848,202
112,337
960,539
773,717
19
881,337
98,847
980,184
960,539
The notes on pages I I to 19 forni an integral part of these financial statements.
Page 7

Age Concern Sandwich Centre for the Retired
Statement of Financial Activities for the Year Ended 31 March 2025
(Including Income and Expenditure Account and Statement of Total Recognised Cains
And Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Note
Income ndoivinents from:
Donations and legacies
Charitable activities
Investment lllcoine
245,933
450,388
5,947
7,111
8,204
253,044
458,592
5,947
Total incoin¢
702,268
15,315
717,583
Expeiiditui'e oii:
Charil¢ibl¥ aclivilies
(505,659)
(48,764
(554,423
Total expeiiditure
Gainsllosses on investment assets
(505,659)
23,662
(48,764)
(554,423)
23,662
Nel incoine/(expenditure)
Net rnovement in funds
220,271
(33,449)
186,822
220,271
(33,449)
186,822
Reconciliation of funds
Total funds brought forward
627,931
145,786
773,717
Tolal funds ¢ai'ried foNard
19
848,202
112,337
960,539
All of the cl)arity's activities derive froir continuing operations during tlie above two pei'iods,
The notes oil pages I 110 19 foTm ali integral part of these financial statements.
Page 8

Age Concern Sandivich Centre for tlie RetAred
(RegAstration number: 04969814)
BAlfince Sheet kls At 31 March 2025
2025
2024
Note
Fixed assets
Tangible a5setS
Inveslinents
475,709
282,116
421,671
274,568
12
757,825
696,239
Current Assets
Stocks
Debtors
Casli at bank and in haiid
14
1,700
15,571
210,898
1,400
14,784
261,306
277,490
228,169
Creditors: Amounts falling due within one yeRr
(5,810)
(13,190)
Net current Assets
222,359
264,300
Nel Assets
980,184
960,539
Funds of the chArlty:
Restrleted income fuiids
Resiricled funds
98.847
112,337
Uiii'eslrlcted Incoine funds
Unrestricted fvnds
881,337
848 202
TotAI flind$
19
980,184
960,539
The notes on pag¢s I I to 19 foiTh an integral part of these fii)an¢ial 51alements.
Page 9

Age Concern Sandivich Centre for the Retired
(Registrfition number: 04969814)
Bal4qnce Sheet as llt 31 Mllrch 2025
For tl)e financial year ending 31 March 2025 the chai'ity was enlitled lo exempiion from audit under sectioii 477
of tl)e Coinpani¢s Act 2006 relating to siy)all coiiipaiiies,
Directors, responsibilities..
Tlie ineinbers l)ave iiot required tlie cliarily to obtain an audit of ils accounts for tlie year in qu¢5tion in
accordance iviih section 476; aiid
The directors acki)owlcdge theii. rcqponsibililies for complyiiig with the reqiiireinents of Ilie Act willi respecl
lo accoiinling records and tlie p2'LPiif¢iliun of accoiinls,
The financial statements oil pages 7 to 19 were approved by the Irusl¢es, aiid authorised for issue on 27 June
2025 and signed on their behalf by:
J O Sneller Chairinan FRICS
Trustee
eme M,B,B,, J,P,
Tru51ee
The notes on pages I 110 19 forin ali integral part of these financial slatemeiits.
Page 10

Age Concern SAndwich Centre for tlie Retired
Notes to the Financial Statements for the Year Ended 31 Marcli 2025
Charity statu
The charity is limiled by guarantee, incorporated in England and Wales, aiid consequently does not have share
capital, Eacli of the trustees is liable to contribute an amount not exceeding £1 O towai'd5 the assets of the charity
in the event of liquidation.
2 Accounting policies
Summary of significant accountiiig policies and kcy Accounting estimates
The principal accounting policies applied in the prepardtion of these finai)cial slalemenls are set out below.
Tliese policies have beeii consistently applied lo all the years presented, unless otherwise slated.
Statement of compliance
Th¢ finoncial statements have been prepared in accordance with Accoiinliiig and Reportiiig by Charities:
Siaiemenl of Recommended Practice (applicable lo charities piEparing their accoiinls in accordance with tlie
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019)
(Chdrilies SOIiP (FRS 102)), the financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
Basls of preparation
Age Concern Sandwicli Centre for tlie Retired ineet5 the definitioii of ft public benefit entity under FRS 102.
Assets and l labilities are initially recognised at historical cost or transaction value unless otherwise slated in the
relevant accounting policy notes,
Going eoneei'n
Tli¢ trustees consider that there are no material unceitainlies aboiil Ilie cliarity's ability to continue as a goii)g
onG¢rn nor any sigiiificant areas of uncertainty thai afyect Ilie cai'iyiiig value of assct% lield by IIIL chai'ity.
I xeniption from prepArlng a eash flow slxtement
The cliarity Opled lo early adopt Bull¢lin I publislled on 2 February 2016 and liave tlierefore iiot included a casl)
flow stateinent in these financial stateinents.
IncDill¢ Y4nd cndoiyments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be
received and the ainount of the income receivable can be measured reliably.
Donatlons and legacies
Donations are recognised when the cl)arity has been notified in writing of botli the ainoiint and settlement date.
Ii) the event that a donation is subject to conditions that reqiiire a level of perfonnaiice by the charity before the
cliarity is entitled lo the funds, the incoine is deferred and not re¢ogiiised until either those conditions are fully
met, or the fulfilinent of those conditions is wliolly within Ilie control of tlie charity and it is probable thai these
cotiditions will be fiilfilled in tlie reporting period,
Page 11

Age Concern Sandivich Ccntre for the Retired
Notes to the Financial Statements for the Year Ended 31 March 2025
Graiits receivable
Granis are recognised wlien the charity l)as ali entillenient to the flinds and any conditions linked to tlie grants
l)ave been mel. Wliere perforniance coi)ditions are attaclied to the grant and al'e yel to be met, Ihe income 15
recognised as a liability and included on the balance slieel as deferred incoine io be released.
Gift aid
Incoining resources froin tax i'eclaiins are iT)cILtded in the Stateineiit of Financial Activities at Ilie saine inie a5
the gift lo whicli they relate.
InvestIn¢nl Inconie
Dividends are re¢ogi)ised once the dividend has been declared aiid notification has been I'eceived of the dividend
due,
Expeiiditu re
All expenditure is recognised oiice there is a legal or con51ruclive obligation to Iliat expenditure, il is pi'obable
setileineiil is requii'ed and the amounl can be Ineasui'ed reliably. All costs are allocated to tl)e applicable
expendilLire heading that aggregat¢ similar cos15 to that Category. Where costs cani)ot b¢ directly allribuied to
particular lieadings tliey liave been allocated on a basis consisleilt with the use of resources, with central staff
costs allocated 01) tl)e basis Ot liin¢ spent, ai)d depreciation charges allocated 01) the poilion of the asset's Llse.
Ollier siipport costs are allocated based on the spread of staff costs.
Cliaritoble activities
Cliarilable expenditure coimprises tliose costs iiicui'i'ed by the cli(2rity iii 11)e deliveiy of ils a¢iivilies and servlces
for ils bei)eficiaries. 11 ii)cludes bolli costs tl)al cai) be allocated directly lo siich activities and those costs of ali
indirect nalui'e iiecessary to suppo11 tlieiii.
Support Costs
Suppoit cosls inGlud¢ central functions and Iiave beei) allocated to activity cost categories oil a basis consislenl
Iviili the use of I'esources, for exaiiiple, allocating property cost5 by floor areas, or per capita, staff costs b), Ilie
liine spent and oil)er costs by their usage.
Taxation
Tlie charity is coiisidered lo pass Ilie tests sel Out in Paragraph I Schedule 6 of the Financ¢ Act 2010 and
Iheirfore il meels the defiiiilioii of a Cliaritable coiiipany for UK corporalioii tax purpos¢s. Accordingly, Ilie
cliai'ily is poleiitially exempl fi'oni laxatioii in I'especl of ii)COine or capital gaiiis received witliin c?( legories
covei'ed by Chapter 3 Pai1 1 l of the Coi'poratioii Tax Act 201 O or Sectioi) 256 of tlie Taxation of Cliargeable
Gai11s Act 1992, 10 lh¢ exleiit that SLich incoine or gaiiis ai'¢ applied excliisively lo cliaritable purposes.
Tangible fixed ll55et5
Individual fixed a55ets Costing £200.00 or Iiiore are inilially recorded al cosl.
Depreelation llinortisatioji
Depi'eciation is provided on taiigible fixed assets so as to write off tlie cost or valuation, less any eslimaled
residual value, over their expected usefLII ecoiioinic life as folloiys..
Asset class
Fixtures, fittings aiid equipin¢i)t
Depreciatioii niethod and rate
25010 on written down valiie
Page12

Age Concern Sandivich Centre for the Retired
Notes to the FinanciRI Statements for the Year Ended 31 March 2025
Fixed Rsset Inv¢s¢ment5
Fixed asset invesinienls, other thai) programme related investmen15, are included at market value at tlie balanc¢
sheet date. Realised gains and losses on investinents are calciilaled as the difference between sales proceeds and
their market value at the start of the year, or tlieir subsequei)I cost, and are charged or credited to tli¢ Statejnent
of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movenient in market values during the year aiid are credited or
¢l)arged to the Statement of Financial Activities based on the InArket valiie at the year end.
Stoek
Stock is valued at the lower of cost and estimated Selling price le5S C051s lo compl¢le and Sell, after due regard
for obsolete and slow Inoving stocks. Cost is deterinined usii)g the fii-st-in, first-out (FIFO).
Debtors
D¢btors are amouiits due fi'om customers foi. Imerchandise sold or services p¢rfoiTned in the ordinary course of
business.
Cash and casli equivalents
Cash and cash ¢quivalents comprise cash on liand and call deposils, and other sliort-lerm highly liqiiid
investments Iliat are readily convertible lo a known amount of cash and are subject lo an insigiiificant risk of
change in valLIe.
Trade cre(Iltors
Trade creditors are obligations to pay for goods or services tlial have been acquired in the ordinary course of
business froin suppliers. Accoui)ts payable are classified as current liabilities if the cliarity does not have ali
unconditional right, at the end of the reporting period, to defer settlement of Ilie ci'editor for at least twelve
months after the reponiiig dalc. If tlicrc is an uncoiidilioi)al right lo d¢fei' seltlement for at least twelve months
after the reporting dute, Ili¢y arc prcs¢nlLd as non-cui'i'ent liabilities,
Trade creditors are recognised iiiilially at tlie traiisaction price and subsequently measured at amortised cost
using the effeciive interest rneihod.
Fun(1 structii I'e
Unre51ricted income fuiids ar¢ general funds thal arc available for use at the Iruslees disci'elion in furtlierance of
tlie objectives of the charity.
Reslricled incoine funds are those donated for use iii a particular area or for specifLC purposes, Ilie use of which
is I'eslricted lo that area or purpose.
Page 13

Age Concern Sandivich Celltre for the Retired
Notes to the Financial Statements for tlie Year Ended 31 Marcli 2025
3 Income from doiiAtions aiid legaeies
Unrestrieled
Total
2025
Total
2024
General
Grants, including capital grants.
Grants received
Gei)eral donations, gifts aiid legacies
66,050
15,675
66,050
15.675
123.657
129,387
81,725
81,725
253,044
4 Incorne froui cliarilAble activities
Unresti'icted
funds
Cenei'al
Restrieted
funds
Total
2025
Total
2024
Sales of donated goods
Servir¢s and activities
164,499
362,821
164,499
413,384
157,917
300,675
50,563
527,320
50,563
577,883
458,592
S Inveslment income
Uiirestricted
fuiids
General
TotRI
202S
Total
2024
Interest r¢ceivable and siinilar income.
Interest receivable on bank deposits
Other incoine from fixed asset ii)vestineiits
3,671
8,577
3,671
8,577
5,245
702
12,248
12,248
5.947
6 Exp¢nditiire oil charitable activities
Mallagemeiit
Jid
adminstration
Chftritable
actlvlties
Totol
2025
TotAI
2024
Expenditure (meals)
C¢ntre Services and activities
Carer and ancillai'y staff salaries
Rent and rates
Light, lieat aiid power
78,484
26,481
318,636
27,294
33,157
78,484
26,481
318,636
27,294
33,157
62,041
4,962
283.998
27.202
23,096
Page 14

Age Concern Sandivich Centre for the Retired
Notes to the Financial Statements for the Year Endcd 31 Marcll 2025
Management
Rnd
adminslration
Charitable
activities
Total
2025
Total
2024
Repairs and maintenaiice
Depreciation
Insurance
Telephone and fax
Stationery and advertising
Legal and professional fees
(Profil)1105s 011 sale of tangible
fixed assets held for cl)arity'S own
use
22,223
7,019
9,649
1.884
2,614
17,127
22,223
7,019
9,649
1,884
2,614
l7,127
11,307
5,021
8,157
1,944
9,926
10,007
353
353
66,500
108
Adininistration Staff salaries
Staff trainiiig
Computer software and
iiiainteiiance costs
Equipment rental
Sundry expenses
Cleanii)g
Transport expenses
Accounlftncy and independenl
examiner
Bank Charges
PA YE interest
66.500
108
71,008
6,059
2,215
2,861
11,606
8,500
6,059
2.215
2,861
11,606
8,500
6,039
1,614
3,224
9,646
5,072
5,988
2,418
5,988
2,418
5,507
4,600
52
544,921
106,255
651,176
554,423
£587,123 (2024 -£505,659) of the above expenditure was artributable lo unrestricted fuiids and £64,053 (2024
£48,764) to re51ricted funds,
7 Net ineomingloutgoing resources
Net incoming resources for the year include:
2025
2024
Loss oli disposal of fixed assets held for tl)e cliarity's own use
Depreciation of fixed assets
353
7,019
5,021
8 Trustees rcmuneralion and expenses
No trustees, nor any persons connected willi tliem, have received any reinuneralion frorn the charity during the
year.
9 Staff costs
Tlie aggregate payroll costs were as follows:
Page 15

Age Concern Sandivich Centre for the Retired
Notes to the Finaneial Stateinents for tlie YeAr Ei ndcd 31 March 2025
The nionlhly average number of persons (including senior Inanagemeiit I leadership teain) einployed by the
charity during the year expressed as full tiine equivalents was as follows.,
2025
2024
Charitable activities
Manageineiil and adininstralioii
14
[4
17
17
No eniployee received emoliiinents of more than £60,000 during the year,
Diiring Ilie year Ihe cliarity niade th¢ followiiig Irai)sactions with key Inanageiiient personnel..
Wages Aiid salAries
Tl)e Wages and salai'ies received remui)eration of £3 85,136 (2024., £355,006)
Wages and salaries are niade up froin £363,810 (2024 £337,237) gross wages, £15,927 (2024 £13,156)
employerfs national insurance ai)d £5,399 (2024 £4,613) einployei's pension conlribulion,
10 T8Xlltion
The charity is a registered cliarity and is tlierefore exeinpt froin taxation.
I l Tnngible fixed assets
Freehold
property and
iiiiprovemenls
Fixtures,
rittings and
equlpment
Total
Cost
At l April 2024
Additioiis
Disposals
406,762
47,912
75,411
13,498
(4,478
482,173
61,410
(4,478)
Al 31 March 2025
454.674
84,431
539,105
Deprecinlion
At l April 2024
Charge for the year
Eliminated on disposals
60,502
7,019
(4,125)
60,502
7,019
{4,125)
At 31 March 2025
63,396
63,396
Net book value
At 31 March 2025
454,674
21,035
475,709
Al 31 Marcli 2024
406,762
14,909
421,671
Page 16

Age Concern Sandivich Centre for the Retired
Notes to the Financial Statements for the Year Ci nded 31 March 2025
12 Fixcd a55et inve5tment5
2025
2024
Other ii)vestments
282,116
274,568
Other Iiivcstinents
Listed
Investments
Total
Cosl or Valuation
Al l April 2024
Revaliiation
Additions
274.568
(I,OJ5)
8,583
274.568
(1,035)
8,583
At 31 March 2025
282,116
282,116
Net book value
At 31 Mar¢h 2025
282,116
282,116
At 31 Marcli 2024
274,568
274,568
13 Related PArty transACtions
There wei'e no related party transactions iii Ilie year.
14 Stock
2025
2024
Stocks
1,700
1,400
15 Debtors
2025
2024
Trade debioi's
Prepaymeiits
2,835
12,736
2,619
12,165
15,571
14,784
Page 17

Age Concern Sandivich Centre for the Retired
Notes to the Financial Statements for the Year Ended 31 March 2025
16 Cr¢ditor5: aniounts falling due ivlthiii oiie )'¢ai'
2025
2024
Trade creditors
Otl)er iaxalioii aiid social security
Oilier creditors
Acci'iials
1.623
2,634
1,412
2.020
3,340
7,689
141
5,810
13,190
17 Meillbers, liabillty
The charity is a private company liiniled by guarantee and consequently does not have share capital. Each of the
meinbers is liable to contribute an aii)oiiiit not exceeding £10 towards the assets of Ilie cliarity in the event of
iquidalioii,
18 Obligations under leAses fiiid liire pur¢liAse coiitrACts
Operating lease comniltiiients
Total future minimuni lease payimenls under iion-cHiicellable operating leases are as follows..
2025
2024
LNii(l and buildlngs
Belweeii oiie and five years
21,000
35,000
Other
Belweeii one aiid five years
9,698
4,368
19 Funds
Balfinee At
31 Mai'eli
202S
Balance at I
Api'il 2024
Inconiing
resou rces
Resources
expended
Traiisfers
Uiirestricted fuiJd5
General
545,381
620,258
(587.123)
302,821
881.337
Desigiiat¢d
302,821
(302,821)
Total unrestricted funds
848,202
620,258
(587,123)
(64,053)
881,337
Restricted fund5
112,337
50,563
98,847
Total funds
960,539
670,821
651,176)
980.184
Page 18

Age Concern Sandivich Centre for tlie RetAred
Notes to the Financial StAtements for the Year Ei nded 31 March 2025
Balance at I
April 2023
Iiieoining
resources
Resources
expeiided
Balance at 31
March 2024
Unrcstricted funds
General
447,386
603,654
(505,659)
545,381
Designated
180,545
122,276
302,821
Total unrestrlcted fund5
627,931
725,930
(505.659)
848,202
Reslrleted funds
145,786
15,315
(48.764)
112,337
Tot&] funds
773,717
741,245
(554,423)
960,539
The specific purposes for which the funds are to be applied are as follows..
Funds are held available foi. the ordinary purposes of the charity.
The coinpany has two restricted funds:
l ) To cover the costs of the building extension and modernisation.
2) To cover costs of respite work for deillenlia sufferers.
20 Analysls of net assets between funds
Uiirestrict¢d
fun(Is
General
Total fiinds Rt
31 March
2025
Restricted
funds
Tangible fixed assets
Fixed asset iiiveslments
Current assets
Currenl liabilities
385,743
282,116
219,288
5,810)
89,966
475,709
282,116
228,169
(5,810)
8,881
Total nel assets
881,337
98,847
980,184
Page 19