Company registration number.. 04969814 Charity regiistration number: 1109346 Age Concern Sandwich Centre for the Retired {A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 M'¢h 2026 Batchelor Coop Ltd Chartered Accountant The New Bam Mill Lan¢ Easty Sandwich Kent CT13 OJW
Age Concern Sandwich Centre for the Retired Contents Reference and Administrative Detsils Trustees, Report 2to5 tndependent Examiner's Report Statement of Financial Activities 7108 Balance Sheet 9tolO Notes lo the Financial Statements 11 to 19 Charity Status
Age Concern Sandwich Centre for the Retired Reference and AdmiDistrativc Dctails Trustees J O Sneller Chainnan FRICS PG Graeme M.B.E., J.P. P Harris J E Franklin C O'Donoghue J Males Secretary P G Gra¢n)e M.B.E., J.P. Charity Reglstration Number 1109346 Company Registration Number 04969814 The charity is incorporated tn England and Wales. Sneller 14ouse 19-21 Cattle Market Sandwich CT13 9AP Registered 01CC Auditor Batchelor Coop Ltd Chdrtered Atcountant The New Barn Mill Lane Easiry Sandwich Ken( CT13 OJW Solicitors: Stilwell and Singleton Potter Stseet Sandwich CT13 9DR Banker5 FISBC 9 Rose J,anc Canterbury Kent CTI 2JP Page I
Age Concern Sandwich Centre for the Retired Trustecs, Report Thc trustees, who are directors for the PUTposes of company law, pr¢sent the annual report together with the financial statements of the charitable company for the year ended 31 March 2026. Objeetives aDd aetivllies The objedives of A¥e Concern Sandwi¢h Centre for the Retired remain unchanged and are io Promote th¢ welfare of the over 50$ in Sandwich and the surrounding villages, and offer chiiopody, hairdressing, curativ¢ therapy, tall(ing therapy, bathing. hot meal& transpon. Meals on Wheels, Befriending, and an information and advice service from the Well-being C¢ntre. We also welcome people who just pop in lor snacks ond drinks. In addition we off¢r a wide range of social activities both within the Centre such as Chair Yoga and scrdbble clubs. The Chiel Officers woik closely with the Statutory Bodies such as Kent County Council, Dover District Council, Voluntary Organizations. General Pra¢titioner5, Carers and Familie5 in the hop¢ that no one is l¢ft in need. Respit¢ care for those living wilh a Dementia and their carer5 is offered through the Sunflower Centre. The Centr¢ hopes to ¢xpand on this higJly success1 servi¢c. Ovcrall responsibiliry for the financial. day to day running and achieving aims and obje¢tlVCs of the charity is with the Chief Officer. B¢T] Garratt. The Chief Officer reports regularly to the board of Trust¢cs, who decide the strategic aim5 and objectives of d)e Charity. The Well-BeiDg Centre and shop5 are managed by Jackie Marsh who is our operations rnanager. Dementia services and Sunflow¢r Centre are managed by Tina Scott. Both operations manager and Dementia servic¢s manager report to the Chief Officer who reports to ihe board of trustces. All Staff and volunteer5 work exceptionally well as an organi5ed t¢am to provide probably the best Age Concem facilities in Keni. We are also Friends of Age UK. We are also part of the United Age5 of Kent CIC, which is a ¢ongloTnerate of ¢harities that work togeth¢r to provide s¢rvices throughout Kent, AII OUT company pulicie5 including hcalth and safery, fire safety, safeguarding, fmBncial, reserves, data protection and privacy policy have been thon)ughly reviewed in the ]t ycar and arc all up io date. Public benefit The trustees confimi ihai they have cotnplied with the requirements of section 17 of the Ct]aYitie5 Act 2011 to have due regard to the pllblic benefit guidance publish¢d by the Charity Cotnmisgion for Englat)d and Wale8. Pag¢ 2
Age Concern Sandivieh Centre for the Retired Trustees, Repor¢ Achievements and performanc¢ Age Concem was set up in 1980 and since April 1st. 2U04, the Centre bas been opetated by Age Concern Sandwich Centre for the Retire& a company limired by guarantee and has r¢gist¢red thi$ cvmpany with the Chariry Commission. As stated in previous years we are unable 10 exiend our facilities further due to the structural size of the premises. However, we continue striving io maintain a comforrable, clean. and ivelcoming Centre for our clients. All siaff h&$ received appropriaie rrainillg in all aspe¢is of tlieir job5 and fLJrther training is planned. Ag¢ Concern Sandwich Centre for the Retired runs two Clwity Shop5 il) Sandwi¢h which are viral in fmancially supporting the Well-beillg Centre. The Charity Shops in mark Str¢et and Cattle Market continue to make a great coniributioii to the Centre's fiDan¢¢s. Both die Well-being Centre and Charity Shops ¢gDtinue to rely heavily On the invaluable help given by our volunteers who work tir¢le5sly for our caus¢. These volunteers are overseen by th¢ operations manager, who ha day to day responsibility for all matters relating to th¢ Well-being Centre and Chartty Shops. None of our volunteers are exp¢ct¢d to lifr, bath or loilet any clients due to the f8¢t that the majority are ¢lderly peopl¢ then¢1ve5. Th¢y do however work in our HairdrEssing Salon, Ihe Main Centre, the I'ea Bar, Meats i)n Wh¢¢ls. B¢fri¢nding and Charity Shop5. Financial review Age Concern Sandwich Centre for the Retired no longer has an annual grant from Kent County Council Soci81 Services. The Trustees continue to review fully, the finances OF Lhe Charity. Funds are raised from grant givers, The United Ages of Kent and DoveT District Council. The asseis held by Age Concern Sandwich Cenire for I'he Retired will continue to be used to cary oui the Centre's objectives. During the year. income excecdcd expenditure by £28,115 increasing the reserves brought forward of £980.184 to give cumulative rescrvcs on 31st March 2026 of £1.008,299. Policy on reserves Our poli¢y is to continue building up r¢s¢rves to a level by rneans of aunual operating SUTpluses and judicious manag¢meiit of our Investellt assets. There are plans for major Capital investments and cxpenditure in the coming year. This includes renovating the treatmellt room aJ]d hairdressers. The totsl costs of these projects will be in the region ot'£45,000. Structure> gobernanee And management RecrllitEnent and appointment oftru5tees The ¢¢ntre has policies and procedures in place for recruiting and induction, and training of n¢w Trustees. Arrangements for Setting key mAnageyntnt personnel retThuReration RemuTreration of staff at all levels 15 reviewed at least annually in accordance wilh policies Set out and agreed by Truste¢s and in aecordance with lioverninent Legislation on Living Wage. Pa8e 3
Age Concern Sandwich Centrc for the Retired Trnst¢es' Report Org&nisational structure lu relation to th¢ Structure and administration of the Trusi and th¢ Company, there have been no changes since our report last year. The assEts of the cornpany are vested in company-registered number 4969814 named Age Concern Sandwich Cenlrc for the Retired. The cornpany is limit¢d by guai'antee and is registered as a charity number 1109346. Modernization of the Centre We continue to improve th¢ existing W¢ll-Being Centre and make our facilities aitracti¥e nol only to our existing clients but 10 the public in Sandwich in general. We have a rollino maintenance program and plan to generally improv¢ the condition of the Well-being Cet)tre to Increase its popularity. Fund Accounting The direotors maintain a restricted fLmd to cov¢r ihe running costs incurred in respect of the minibus. App¢al Funds raised will also become restricted fun(ts Risk ManageEnent The Truskes exatnine the Tnajor risks that the Chariry faces each finan¢ial year when preparing and updating the strategic plan. The Charity is developing systems to monitor and control ihes¢ risks to mitigate any impact that they may have on th¢ future of Age Concem Sandwich Ccntre for The Retired. Connected Charities Age Concern Sandwich Centre for Th¢ Retired is an autonolnous Charity. Our association with Age UK is purely in an advisory capa¢iry. Stn811 companies provlsion Statement This report has been prepared in accordance with the small companies regime under th¢ Companies Act 2006. StAtement of Responsibilities The trustees (who or¢ also the directors of Age Concern Sandwich Centre for the Rettred for the purposes tsf compaDy law) are responsible for prepaTing the Irusiee5' report aT]d the financial stcentS in acCoTda¢e with applicable law and United Kingdom A¢counting Standards (United Kingdom Generally Acccpted Accounting Practice), including FRS 102 "The Finan¢ial Reportinu Standard 41pplicable itt the UK and R¢public of Irclalld" Company law requires the trustees to pr¢pare financial ststem¢nts for each fancial year. Under company law the trustees must not approve the financial statements unles5 they are satisfied that they giv¢ a irue and fair view of the state of affairs of the charitable company dnd of the incoming resource5 and application of resour¢es, including its income and cxpendituro, of the charitable Company for that pcriod. In prcparing these fan¢1a] stawments, the trusiees are rcquired to.. sel¢ct suitable a¢¢ounting policies and apply them cortsistcntly; observe the Jn¢thods and principles in the Charities SORP; mak¢ judgements and estimates that are reasonable and pJuden¢' slate whether applicable a¢couniillg stsndards, comprising FRS 102 have been followed. 5ubjecl to any material departur¢$ disclosed &nd explain¢d in the financial statements; and prepare the financial statements on the going concern basis unl¢ss ir is inappropriat¢ to presume that the haritable company will continue in business. Thc trustee5 are responsible for kecping propcr accounting records that can disclose with reasonable ac¢uracy at any time th¢ financial position of the charitablc company and enable theni to ensurc that the financial staiements comply with the Companies Act 2006. They are also responsible for safeguarding the asscts of the charitable company and hence for taking reasonablc st¢ps for the preveiition and detection of fraud and other irregularities. Page 4
Age Concern Sandwieh Centre for the Retired Trustees, Report The trusiees are responsible foT the maintenance and integrity (Trf the corporate and fllian¢ial inforn)ation included on the Charitable company's website. Legislation goveming ihe preparation and di5scrninatlOll of fmancial statements may differ from Icgislation in other jurisdictions. The annual report wa5 approved by the trustees of thc charity on 22 July 2026 and signed on its behalf by.. J O Sneller Chairman FilJCS Trustee ra e M.B.E.,j.P. y Secretary Page 5
Age Concern Sandwich Centr¢ for the Retired Independent Examiner's Report to the trustees of Age Concern Sandwich Centre for the Retired ('the Company,) I report to the ¢hority tnJstee5 OD my examinE4tion uf the accounts of th¢ Company for the year ended 31 March 2026. Responsibilitie8 and basis of report As the charity's trustees of thc Company (and also its directors for the purposes of COTnpany law) you are responsible for th¢ preparation of the account5 in accordanG¢ with thc requirements of the Compani¢5 Act 2006 ('the 2006 Act.). Having satisfied myself that the acLOUniS of th¢ CompaDy are not required to be audited under Part 16 of ihe 2006 A¢t and are eligible for indep¢ndent examination, I report in respe¢t of my examination of your ¢harity' a¢¢ounts as carried out und¢r section 145 of the Charities Act 2011 1'(he 2011 Act'l. In earrying out my examination I have followed the Directions given by the Charity Commission under section 145(5Kb) of the 2011 Act. Independent examiner's statement Since the Company'5 gross incom¢ exceeded £250,000 your examiner must be a rnember of a body listed in section 145 of the 2011 Act. I confirni that l am qualified to undertake the examination because l am a member of Bai¢helor Coop Ltd, which is on¢ of the listed bodies. I have completed My examination. I confinn ihat no matters have come to my attention in Connection with ibe exaMnation giving me cause to believe.. l. accounting records were no( kept in r¢speet of Age Concem Sandwich Centre for the Retired as required by section 386 of the 2006 Aci. or 2. the accounts do not accord with those r¢¢ords' or 3. the accounts do not comply with th¢ accounting requirements of section 396 of the 2006 Aci other than any requirement that the accounts give a 'true and fair view, which Es not a matter consideTed as part of an independent examination,. or 4. the accounts have no( been prepared in a¢cordance with the methods and principle5 of the Statement of Recommended Practice for accounting aDd reporting by charities lapplicabl¢ to charities preparing iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Kepublic of Ireland IFRS 102)]. I have no concerns and hav¢ come acros5 no othcr matters in connection with the examination to which attention should be drawn in this report in order io enable a proper understanding of th¢ accounts to be reached. Graham Rcnnells Independcnt Examiner Charter¢d Accountant Batchelor Co(>p Ltd TheNew Barn Mill Lane Eastry Sandwich Kent CT13 OIW 22 July 2026 Page 6
Age Concern Sandjvich Ccntrc for the Rctircd Statement of Financial Activitle5 for the Ycar Ended 31 March 2026 (Including Ineome and Expenditure Account and Statement ofTotal Recognised Cains and Losses) TotAI 2026 Total 2025 Unrestricted Rcstricted rqote Incotne EndoiYrneNts from: Donations and legacies Charitable 2CtiVlties Inv¢stment in¢orn¢ 60,962 533,616 12,263 62,071 73,225 595,687 11,581 81,725 577,883 12,248 Total Incotne 606,159 74,334 680,493 671,856 Expenditure on: Charitable activities (603,156) (73,125) {676,281) (651,176) Total Expenditure (603,156) 173,125} (676,281) (651,176) Net income Transfers between fvnds 3,003 3,659 1,209 (3,659) 4,212 20,680 Other recognised golns #n losse$ GaIToSseS on inv¢sttnent assets 23,903 23,903 1.035) Net rnovement in funds 30.565 (2.450) 28,115 19,645 Reconciliation of funds Total fund5 brought forward Toial funds carried forward 881,337 98,847 980,184 960,539 19 911,902 96,397 1,008,299 980,184 The not¢$ on pagcs I I to 19 form an int¢gral part of th¢s¢ finan¢ial statements. Page 7
Age Concern Sandwich Centre for the Retired Statement of Financial Activities for the Year Ended 31 March 2026 (Including Income and Expenditure Account llnd Stalement of Total Reeognised Gains nd Losses) Unrestrlcted funds Restricted funds Total 2U25 Not¢ Jncame alld Endowments from: Donationg and legacies Charitable activities tnvestment income 81,725 527,320 12,248 81.725 577,883 12.248 50,S63 Total income 621,293 50,563 671,856 E%penditure on: Charitable activities (587,123) (64,053) (651,176) Total expenditure Gainsllosses ou investment assets (587,1231 (1,035) {64,053) {651,176} (1,035) 19,645 Net incomel(expenditure) 33,135 (13,490) Net mov¢m¢nt in funds 33,135 (13.490) 19,645 Reconciliation of lunds 'I'otal funds brougyhi forward Total funds. carrs¢d forward 848,202 112,337 960,539 19 881.337 98,847 980,184 All of the charity's activities deriv¢ from continuing operdlions during thc abovc nvo p¢riods. Th¢ notes on page5 1 I to 19 form an integrdl part of these fuwicial statements. Page 8
Age Concern Sandwich Centre for the Retired (R¢LFistration number." 04969814) Balance Sheet as at 31 March 2026 2026 2025 Note Fixed asyet5 Tangible assets Jnvestmen 512,999 314,834 475,709 282,116 12 827,8J3 757,825 Current Asset5 Stocks Debtors Cash at bank and in hand 14 1,950 29,745 174,371 1,700 15,571 210,898 15 206,066 228.169 Creditors: Arnounts falling due within one year 16 125,600) (5.810) Net current assets 180,466 222,359 Net assets 1,008,299 980,184 Funds of the ehgrity: Restrl¢ted Ineome funds Restricted fi)nds 96J97 98,847 Unrestricted iTheome funds Unrestricted fidS 911,902 881.337 Totlll funds 19 1,008,299 980,184 The notes on pages I I to 19 fonn an integral part Of these financial statemenis. Page 9
Age Coneern Sandwich Ccntre for the Retired (Registration numbcr: 04969814) Balllnce ShLet as at 31 March 2026 For the financial year ending 31 lah 2026 the cl)arity was entitled to exemption fr(Trm audit under %ction 477 of the Companies Act 2006 relating to small tompanies. Directors, rc5ptsnsibilities'. The members have not requircd the charity to obtain an audit of its accounts for the year in question in accordan¢e with section 476. and The directors acknowledge their r¢sponsibilities for cornplying with the requirements of the Aci with respect to accounting records and the preparation of accounts. The fela1 stat¢ents on pnges 7 to 19 were approved by th¢ tntee5, aT]d authorised for issue tsn 22 July 2026 and signed their bch21f by.. J O Sneller Chairman FRICS TTUStee PGGr Tru5te¢ me M.B.E.. J.P. The notes on pages I I to 19 forni an integral part of these financial srat¢ments. Page 10
Age Concern Sandwich Centre for Ihe Retired otes to the Financial Statcments for the Year Ended 31 March 2026 I Ch3rity status The charity is limited by guar3nte¢, incorpordted in England and Wales, and consequently does not have share apital. Each of the trustees is liablc to contribute an amount noi exceeding £10 toward5 the assets of the charity in the event of liquidatiort. 2 Accounting policie5 Surnmary Dfsignifieant accounting policics and key keeountlng egtlmates The principal accounting ptslicie.% applied in the preparation of these finan¢ial statements are set out below. Thesc policies have been consistently applied to all the years presented, un1¢85 otherwise stated. Stalcmcnt of cornpliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Staternent of Recommended PCtiCe (applicable. to charities preparing their aceounis in accordance with the Financial Reporting Standard applicclble in the UK and Republi¢ of Ireland {FRS 102)) (issued tn O¢tob¢r 2019) (Charities SORP (FRS 102)), Ihe financial Reporting Standard applicable in (he UK and Republic of Ireland {FRS 102) and the Companies Act 2006. Basis of preparation Agc Conccm Sandwich Centre for rhe Retired meets the definition of a public benefit entiry under FRS 102. Assets and liabilities are initially recognised at historical cost or tran8&Ctitsn value unless otherwise stated in the relevant accounting policj. notes. Going eonterrt The trustees con8ider that thcrc arc no Tllateridl uncertainties aboui the charity's ability to rontinue as a going ¢oncem nor any significant arca5 of unccrtuiniy thal affec( Ihe canying value of sets held by the charity. ExeENption from prep#ring a cash flow statement The charity opted to early adopt BullctTn I PLLblished on 2 February 2016 and have therefore not included a cash flow statement in th¢se financial statements. Income and endowments All income is recognised once the charity has entitlement to the ineome. it is probable that ihe incorn¢ will be received and ihe amounr of the iDcome receivable call be m¢asur¢d reliably. Donatlons and legacie5 Donations arc recogllised when the charity has been notified in writing of both the amount and settlement date. Tn the event that a donation is subject to conditioths that require a level of perfonnancc by the charity before the charity is entitled to the funds, the income is deferred and not recognised until eithcr thosc eonditions are 1]Y met, or ihe fulfilmcnt of those eonditions is wholly within the control of the charity and li is probxble that these conditions will be fulfill¢d in th¢ reporting period. Pagell
Age Concern Sandwich Centre for the Re¢ir¢d Notes to the Financial Statem¢nts for the Year Ended 31 March 2026 Grnnts receivable Grants are recognised when the ¢h2rity has eniitlement io th¢ funds and any condition5 linked to the grants have been met. Whcre perfornian¢c conditions are attached to the grant and are yct to be mct, the income is r¢cognised as a liability and includcd on the balance sheet as defe¢d income to be released. Gift aid Incoming resources frotn tax reclaims are included in the Statem¢nt of Finan¢ial Activities at the same ime as the gift to which they relate. Investment Incorne Dividends are recognised once the dividend lia5 l*en declared and notification ha5 been re¢eived of the dividend du¢. Expenditure All expenditure is reeognised once there 15 a legal or Constructive obligation to that expenditur¢, it is probable settlement 15 r¢quired and the amount can be measvred reliably. All costs are allocated to the applicable expenditure he3ding that aggregate similar costs to that calegory. Where wsts cannot be dirertly attributed to particulc1r headÉngs they have bc¢n allocat¢d on a basis consistent with the use of resources, with central sialT costg allocat¢d on the basis of time spent, and depreciation Charges allocated on the portion of the asset's use. Other support costs are allo¢ated based on the spread ol'staff c4)sts. Charitable activitie5 Charitdble expenditure comprises those costs incutTed by ihe charity in the delivery of its activities and services for ils b¢nefi¢iarie5. It includes both costs that can be all(Kated directly to such activities and those costs of an indirert nalljre nec¢55ary to support them. Support costs Support costs in¢lude central nCtionS and have been allocated to activity cost categories on a basis consistent with the use of resources, for example. allocating property costs by floor areas. or per capita, staff costs by the lim¢ speni and other costs by their usage. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Aet 2010 and therefore it meets the defmition of a charitable company lor UK Qotporatioll tax purposes. Accordingly. the ¢harity IS POt¢ntially exempt from taxatioll in respect of income or capital gains received within c&te&pories overed by Chapter 3 Part I S of the Corporation Tax Act 2010 or Section 256 of the Taxation of ChJrbJeable Gains Act 1992, to the ¢xtent that such income or gains are applied exclusivcly to charitsble purposes. T8ngiblt fixed 955ets Individual fLxed assets costing £200.00 or more are initially recorded at cost. Depreciatioll 8Ad amortisgtion Depreciation is provided on tangible fixed assets so as io write oEf the cost or valuation, les5 any estimated residual value, over th¢ir expccted use[ economic life as follows.. Asset class FixtUTes, fitting5 and cquipment Deprecigtion rnethod and rgte 25U/o on written do value Page 12
Age Concern Sandwich Centre for the Retired Note5 to the Financial Statements for the Year Ended 31 March 2026 Fixed asset investments Fixed asset invcstmcnts, other than programme related invesmients, are kncluded at markel value ai ihe balance sheet date. Realised gains and losses on invesm)ents are calculated as the differenc¢ betweeTa sales proceeds and their market value clt the siart of the year, or their subsequent cos[ and are charg¢d or eredited (o ihe Statement of Financial Activities in the period of disposal, Unrealised gains and losses represent the movement in market valu¢s during the year and are credited or charged to the Sthtement of Financial Activitie5 based on the market value at the year end. Stock Stock is valued at the lower of cost and ¢stimated s¢lling pri¢e less eu5ts É(Tr complete and sell. after du¢ regard for obsolete and slow moving stock5. Cost is determined usiniy the fir5t-in, fwst-out (FIFO). Debtors DebtQTS are amounts due from custom¢r5 foT merchandise sold or services perfomied in the ordinary course of business. Cash and eash equlvalenls Cash and cash equiv&l¢nts comprise cash on hand and call deposits. and oiher short-terni highly liquid investsnents that are readily ¢onv¢rtible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditor5 Trade creditors are obligations lo pay for goods or services that have been acquired ID th¢ Ordinary COLwse of buslness from suppliers. Accounrs payable are classified as current liabiliiie5 if th¢ ¢hariry does not have an unconditional rigltt. at the end of the reponillg period, io defer sectlemeni of th¢ creditor f(Trr at least Iwelve months after the reponing date. If there is an unconditional right to defer settlem¢nt for at least twelve montl after the reporting date, they are presenred as noii-current liabilitie5. Trad¢ ¢reditor5 ar¢ r¢¢ognised initially at the transaction price and Subsequently measured al amortised cost the eff¢¢tive interest ]n¢thod. Fund structure Unr¢stricted incoine fvnds ar¢ general fvnd5 that are available for use at the trustees discretion in rth¢rance of the objective5 of ihe charity. Restricted income fimds are those donated for use in a particular arca or for sp¢cifi¢ purposes, the use ofwhich is reskncted to that area or purpose. Page 13
Ag¢ Concern Sandwich Centre for thc Retired Notes to the Financial Statements for the Year Ended 31 March 2026 3 Ineorne from donatlons And legacies Unrestricted TtstAI 2026 Tot81 2025 General R¢5trieted Grants, in¢luding capitsl grants" Grants received Gener£il donations, gifts and legaeies 47.634 12.263 s9,97 66,050 13.328 13,328 73.225 15,675 60,962 12,263 81.725 4 Income from charitable activities Unrestricted runds General Rtstricted funds Total 2026 Total 2025 Sales of dOrtad goods Scrvices and aetivities 159,182 374,434 SJ3,616 159,182 436,505 164,499 413,384 62,071 62,071 595,687 577.883 S Investment income Unrestrieled funds General TotAI 2026 Total 2025 Intcrest receivable and similar income. Interest receivable on bank deposits Other income from fixed asset investments 2,766 8.815 2.766 8,815 3,671 8,577 11,58E 12248 6 Expenditure on charitable activities Manggement and adminstr8tion Cbaritable activities Tot&1 2026 Total 202S Expendiiure (meals) Centre servi¢es and activille5 cer and ancillary staff salarie5 Rent and rates Light, heot and Ex)wer 79,835 8,347 347.749 30.302 33,743 Page 14 79.835 8,347 347,749 30.302 33,743 78,484 26,481 318,636 27,294 33,157
Age Concern Sandwich Centre for the Retired Notcs to the Financial Statements for the Year Ended 31 March 2026 MAii#gement and adminstrxtRon Charitable activities Total 2026 Total 2025 Repairs and maintenance D¢preeiation Insuranc¢ I'elephone and fax Station¢ry and advertising Legal and professional fee5 Bad debts written off (Profily1055 on sale of tangible fixed assets held for charity's own Use 9,T54 6,363 10,396 1,634 2,788 20,338 4,760 9,154 6,363 10,396 ,634 2.788 20,338 4,760 22,223 7.019 9,649 1,884 2,614 17,127 353 66,500 108 Administration staff salaries Staff trait)ing Computer software and maintenance Costs Equipment rental Sundry expense5 Cleaning Trdnsport cxpcnses Accountancy and independent examtner 77,760 30 77,760 30 8.470 2,215 4,680 11,470 8,842 8,470 2,215 4,680 11,470 8,842 6,059 2,215 2,861 11,606 8,500 5.877 1,528 5,877 1,528 676,281 5,988 2,418 Bank Charges 555,409 120.872 6SI,176 £603,156 (2025 - £587:123) of the above expenditure was attributable to uJ)restri¢ted funds and £73,125 {2025- £64,053) to restricted fimd5. 7 Net incoming/outgoing resources N¢t incoming resources for the year include.. 2026 2025 L05s on disposal of fjxed assets held for the charity's use Depreciation of fjxed assets 6,363 7,019 8 Trustee5 r¢wuneTalion 8nd expenses No trustees, nor any persons connecte¢J with ihem, have received aDy r¢tnun¢rdtion from the charity during the year. 9 Staff ¢05ts The aggregate payroll w5ts wer¢ as follow5.. Page 15
Age Concern Sandwich Centre for the Relired Notes to the Financial Statements for the Year Ended 31 Mareh 2026 Thc monthly averAge number of person5 {including Senior management I leadership team) employ¢d by thc charity during thc year expressed as 11 time equivalents as follows.. 2025 2026 r40 Charitable activities Managclnent and adminstration 15 14 18 17 No employe¢ received emoluments of more than £60,(H)O during the year. During the year the charity made the following (ran5a¢tions with key managcment peTSO]mel- Wages and sslarie5 The Wagcs and salaries received r¢muneration of £425,509 {2Q25.. £385,136) Wages and salaries are mllde up from £389,966 (2025 £363.810) gruss wages. £29,401 (2025 £15.927) employerfs national insurallee and £6.142 (2025 £5,399) employeWs p¢nsion contribution. 10 Taxation I'he ¢baTity is a registered chariry and is therefore exempt from taxation. 11 Tangibk fixed ossets Freehold property and improvements Flxtures, riltings equipment Totgl Cost At l April 2025 Additions 454,674 39.243 84,431 4,410 539,105 43.653 At 31 Mah 2026 493,917 88.841 582,758 Depreei%tion At l April 2025 Charge for the year At 31 March 2026 63,396 6,363 63,396 6,363 69,759 69,759 Net book value At 31 March 2026 493.917 19,082 512,999 At 31 March 2025 454,674 21,035 475,709 Page 16
Age Concern Sundwich Centre for the Retired Notes to the Financial Statements for the Year Ended 31 March 2026 12 Fixed asset investments 2026 2025 Other inve5ttnents 314.834 282,116 Other iDvestments Listed inveslments Total Cost or Valuation Ar l April 2025 Revaluation Additions 282,116 23,903 8,815 282,116 23,903 8,B15 At 31 March 2026 314,834 314,834 Net book Value At 31 March 2026 314,834 314,834 At 31 March 2025 282,116 282,116 13 Related party tran5aCtion5 There w'ere no related party transa¢¢ions in the year. 14 Stoek 2026 2025 Stocks 1,950 1,700 IS Debtors 2026 202S Trade debtors Prepayrnents 16,860 12,885 2,835 12.736 29,745 15,571 Pag¢ 17
Age Con¢¢rn Sandwich Centr¢ for the Retired Notes to the Financial Statemcnts for Ihe Year Ended 31 March 2026 16 Creditors: amounts falling du¢ withln one year 2026 2025 Trade ¢r¢ditOTS Othcr t&xation and social s¢¢urity Other ¢redito Accrua15 2,968 5,923 16,568 1,623 2,634 1,412 141 25,600 5.810 17 M¢berS. liability The charity 15 a private company limited by guarantee and ¢onsequenily does Dot have share capital. Each of the tnembers is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. 18 Obligations under leasts and hire pur¢hxse eontracts Operating leas¢ eommitments Total future minimum lease payments under nortrcancellable operating leases are as ft>llows'. 2026 2025 Land aDd buildings WithÉn one year Betweert one and five years 7.000 21,000 7,000 21,000 Other Within one year Benveen one five years 2,155 5,388 7,543 9,698 9,698 19 FuDds Bglanee at 31 Mar¢h 2026 Balanee #t I Aprll 2025 Incoming resources R¢$ourees expended Transfers Unrestricted funds General 881,337 630.062 {603.156) (73,125) 3,659 911,902 Reslricted funds 98.847 74,334 3.6591 96,397 Total funds 980,184 704,396 (676,281) 1.008,299 Pag¢ 18
Age Concern Sandwich Centre for the Retired Notes to the Financial Statements for the Year Ended 31 March 2026 Balance at 31 March 2025 Balance at I April 2024 Incoming resourees Re$ourc¢s expended Tr#nsfer5 Unreslrieted funds General 545,381 620,258 {587.123) 302,821 881,337 Designated 302,821 (302,821) Totgl uTrrestrict¢d funds 848,202 620,258 50,563 (587,123) 164.053) 881,337 Restri¢t¢d fund5 112.337 98,847 Total funds 960.539 670,821 {651,1761 980,184 The specific purpos¢$ for which the fund5 are to be applied are as follows.. Funds are held available for Lhe ordinary purposE5 of the charity. The copanY ha5 two restricted funds.. l) To cover the costs of the building extension at]d modemisation. 2) To cover costs of respite work for dementia sufferers. 20 Analysi5 of net sSe*S between fund5 Unrestricted fund5 General Total fund5 at 31 March 2026 Restricted funds Tangible fixed assets Fixcd asset investm¢nts Current a5set5 Current liabilities 428,032 314,834 194,636 (25,600) 84,967 512,999 314,834 206,066 {25,600) 11,430 Total net assets 911,902 96,397 1,008,299 Page 19