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2025-03-31-accounts

Richmond Hill Elderly Action Limited

Charity number 1114792

A company limited by guarantee number 05738091

Annual Report and Financial Statements

for the year ended 31 March 2025

Richmond Hill Elderly Action Limited

Annual Report and Financial Statements

for the year ended 31 March 2025

Contents Page
Trustees' report 2 to 5
Examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9 to 14

1

Richmond Hill Elderly Action Limited

Trustees' report for the year ended 31 March 2025

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to The trustees during the financial year and up to and including the date the report was approved were:
Name Position Dates
Father Darren Percival Chair Resigned June 2025
Mr Roger Shooter Treasurer
Ms Pam Walker
Mrs Frances Brett
Cllr. Asghar Khan Co-opted
Mr Andrew Milburn
Miss Bernie Gahan
Mr Nicholas Clements Chair From June 2025
Key personnel Position
Darrell Xavier Project Manager
Charity number 1114792 Registered in England and Wales
Company number 05738091 Registered in England and Wales
Registered and principal address
Richmond Hill Community Centre
Long Close Lane
Leeds
LS9 8NP
Bankers
Virgin Bank United Trust Bank Cambridge & Counties Bank
94-96 Briggate One Ropemaker Street Charnwood Court
Leeds London 5B New Walk
LS1 6NP EC2Y 9AW Leicester LE1 6TE
Independent examiner
Simon Bostron
West Yorkshire Community Accounting Service
Stringer House
34 Lupton Street
Leeds
LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 10 March 2006. It is governed by a memorandum and articles of association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.

2

Richmond Hill Elderly Action Limited

Trustees' report (continued) for the year ended 31 March 2025

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

Objectives and activities

The charity's objects

  1. To promote the welfare of elderly residents of the Richmond Hill area of Leeds and surrounding areas, in any manner which now or in the future may be deemed to be charitable in law.

  2. To relieve poverty and to promote good health amongst elderly, disabled and otherwise disadvantaged people, and their carers, in the Richmond Hill area of Leeds and surrounding areas.

  3. To advance the education of the public with particular reference to the financial, health, housing and welfare entitlements and the needs in relation to fuel, heat and light, of elderly, disabled and otherwise disadvantaged people.

  4. To further any other charitable purpose or purposes.

The charity's main activities

RHEA provides social opportunities and a range of support services for people aged 55 and over to enable independence, to live well at home, to tackle isolation, and to promote physical and mental wellbeing.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the wellbeing of older people.

Achievements and performance

This financial year was another successful one, but it started with the loss of two staff members through redundancy. After a lot of consideration, forward planning and funding analysis, trustees and management had to make these redundancies to secure RHEA’s financial future.

In going from a team of 8 staff to a team of 6, RHEA began looking in April at service delivery and what levels could be maintained against this new capacity. Trustees are pleased to report that only one of our daily activities had to unfortunately end which was run by one of the now redundant roles. Every effort was made to contact the attendees and offer alternatives.

Every other service level was maintained with the phone line still being staffed, all requests for home visits met, no closures due to lower staffing levels etc which is testament to the staff and volunteers who absorbed and responded to the change.

In the 2024/2025 financial year, RHEA:

3

Richmond Hill Elderly Action Limited

Trustees' report (continued) for the year ended 31 March 2025

Achievements and performance (continued)

We also continued strong partnerships with Leeds City Council, Adult Social Care, the Community Anchor, Leeds Safeguarding Adults Board and Leeds Older People. Our funders are a big part of our partnership work and we were fortunate to welcome new funding organisations this year, welcoming McCarthy Stone, Garfield Weston and The Charles and Elsie Sykes Trust as new supporters of our work.

Financial review

The deficit for the year was £45,082, made up of net expenditure of £45,242 on unrestricted funds and a net surplus of £160 on restricted funds.

Reserves policy

Reserves are made up of total unrestricted funds less fixed assets. The total of reserves at 31/03/25 was £161,312. This total includes £25,494 which has been put aside to cover future costs of running the minibus, costs not covered by future income streams. This leaves a net free reserve of £135,818.

The policy is to held a minimum of six month's running costs to cover future funding uncertainties. At the current level of spending the reserve equates to approximately 6 months, and the aim is to maintain the reserve at this level.

Plans for the future

The most obvious and most important plan is to keep RHEA finically sound which we have started by streamlining our expenditure whilst seeking new funding sources for any new service we might establish.

The Community Greengrocer and employment of a new part time support role are ideas that trustees and management have discussed at length before but won’t be implemented with the full costs being covered by a new funder. Funding from Reaching Communities enters its third and final year so we will be looking to reapply to them to keep the role going with full costs recovered and may also include an additional Project Support role into the application. We also need to, and have been trying to, employ a cook for the various lunch clubs that we offer as the responsibility is currently falling on other staff and taking away from their roles which is counterproductive. Trustees would also welcome the recruitment of additional trustees to encourage new insight and support, and to balance out responsibilities.

As we enter the penultimate year of our main contract with Adult Social Care, there will be a lot of work around making sure that we are in the strongest position possible to write and submit a winning application that will go a long way in securing the future of older people’s services across Richmond Hill.

4

Richmond Hill Elderly Action Limited Trustees' report (continued) for the year ended 31 March 2025

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts 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 the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities 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 financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Signed on behalf of the board of trustees:

Name ROGER SHOOTER

Date: 19/11/25

5

Richmond Hill Elderly Action Limited

Independent examiner's report to the trustees of Richmond Hill Elderly Action Limited

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2025, which are set out on pages 7 to 14.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Simon Bostrom

Date: 26/11/25

West Yorkshire Community Accounting Service

Stringer House 34 Lupton Street Leeds LS10 2QW

6

Richmond Hill Elderly Action Limited

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2025

Notes
2025
Unrestricted
funds
£
Income from:
Charitable activities
(2)
149,030
Investments
11,652
Total income
160,682
Expenditure on charitable activities:
Salaries and NI
(3)
165,499
Premises and office costs
6,907
Recruitment, training and other staff costs
48
Resources and other project costs
29,254
Independent examination
810
Legal and professional costs
-
Depreciation
3,406
Total expenditure
205,924
Net income / (expenditure)
(45,242)
Transfers between funds
-
Net movement in funds
(45,242)
Fund balances brought forward
206,554
Fund balances carried forward
(4)
161,312
2025
Restricted
funds
£
65,858
-
65,858
34,537
3,541
-
27,620
-
-
-
65,698
160
-
160
21,161
21,321
2025
Total
funds
£
214,888
11,652
226,540
200,036
10,448
48
56,874
810
-
3,406
271,622
(45,082)
-
(45,082)
227,715
182,633
2024
Total
funds
£
184,304
8,569
192,873
185,740
11,634
708
43,691
880
-
5,108
247,761
(54,888)
-
(54,888)
282,603
227,715

All incoming resources and resources expended derive from continuing activities.

7

Richmond Hill Elderly Action Limited

Balance sheet

as at 31 March 2025
2025
Unrestricted
£
Fixed assets
Tangible assets
(5)
-
Total fixed assets
-
Current assets
Debtors and prepayments
(6)
1,129
Cash at bank and in hand
(7)
164,984
Total current assets
166,113
Current liabilities:
amounts falling due within one year
Creditors and accruals
(8)
4,801
Total current liabilities
4,801
Net current assets / (liabilities)
161,312
Total assets less current liabilities
161,312
Net assets
161,312
Funds
Unrestricted funds
(12)
161,312
Restricted funds
-
Total funds
161,312
2025
Restricted
£
-
-
-
21,771
21,771
450
450
21,321
21,321
21,321
-
21,321
21,321
2025
Total
£
-
-
1,129
186,755
187,884
5,251
5,251
182,633
182,633
182,633
161,312
21,321
182,633
2024
Total
£
3,406
3,406
1,913
231,480
233,393
9,084
9,084
224,309
227,715
227,715
206,554
21,161
227,715

For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2015).

The financial statements were approved by the board of trustees on 19/11/25

Date: 19/11/25

(Trustee)

Name … Roger Shooter

8

Richmond Hill Elderly Action Limited

Notes to the accounts

for the year ended 31 March 2025

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

As a consequence, there has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

9

Richmond Hill Elderly Action Limited

Notes to the accounts

for the year ended 31 March 2025

1 Accounting policies continued

Tangible fixed assets

Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Computers and equipment: 33% straight line Motor vehicles: 15% straight line

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Redundancy and termination costs

Redundancy and termination costs are recognised as an expense in the Statement of Financial Activities and a liability on the Balance Sheet immediately at the point the charity is demonstrably committed to either: terminate the employment of an employee or group of employees before normal retirement date; or provide termination benefits as a result of an offer made in order to encourage voluntary redundancy. The charity is considered to be demonstrably committed only when it has a detailed formal plan for the termination and is without realistic possibility of withdrawal from the plan.

10

Richmond Hill Elderly Action Limited

Notes to the accounts continued

for the year ended 31 March 2025

2 Income from charitable activities
Arnold Clark
Charles & Elsie Sykes Trust
Leeds Benevolent Society
Leeds City Council
Leeds Community Foundation
Leeds Older People's Forum
McCarthy Stone Foundation
National Lottery Community Fund
Space 2
Voluntary Action Leeds
Windmill
Events proceeds
Income from activities
Donations
Other income
3 Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions
Redundancy pay
2025
Unrestricted
funds
£
2,000
-
-
106,001
-
-
7,500
-
-
-
-
1,239
29,790
1,309
1,191
149,030
2025
Restricted
funds
£
-
2,500
20,000
984
5,508
-
-
10,665
-
24,201
2,000
-
-
65,858
2025
Total
funds
£
2,000
2,500
20,000
106,985
5,508
-
7,500
10,665
-
24,201
2,000
1,239
29,790
1,309
1,191
214,888
2025
£
172,412
13,617
(5,000)
12,571
6,436
200,036
2024
Total
funds
£
-
-
-
112,382
5,562
14,017
-
10,666
-
13,300
2,000
741
24,240
726
670
184,304
2024
£
166,302
12,834
(5,000)
11,604
-
185,740

The average number employees during the year was 9, being an average of 5.7 full time equivalent (2024: 9, 5.8 FTE).

There were no employees with emoluments above £60,000.

Defined contribution pension scheme

Defined contribution pension scheme
Costs of the scheme to the charity for the year
4 Restricted funds
Balance b/f
£
Exercise in Disguise
7,439
Household Support Fund
11,781
Innovation Fund
1,331
Leeds Benevolent Society
-
Lunch Clubs
-
Mice
103
Minibus Driver
507
Stay Well This Winter
-
Trips
-
Welcome Spaces
-
21,161
Incoming
£
2,500
17,400
-
20,000
2,508
-
10,665
3,000
2,984
6,801
65,858
Outgoing
£
4,072
16,067
1,331
20,000
2,508
103
11,172
3,000
2,000
5,445
65,698
2025
£
6,436
Transfers
£
-
-
-
-
-
-
-
-
-
-
-
2024
£
-
Balance c/f
£
5,867
13,114
-
-
-
-
-
-
984
1,356
21,321

11

Richmond Hill Elderly Action Limited

Notes to the accounts continued

for the year ended 31 March 2025

4 Restricted funds continued

Fund name

Exercise in Disguise Household Support Fund

Innovation Fund

Leeds Benevolent Society Lunch Clubs Mice

Minibus Driver Stay Well This Winter Welcome Spaces

Purpose of restriction

To support the exercise in disguise class.

To support families at the highest risk from increased living expenses. This fund enables us to provide resources for the members we are supporting.

To fund the Wellbeing Worker post. To set up and provide a befriending service. The Mice grants support the cost of events.

This is a project to support wellbeing and independence amongst frail people.

To run activities over the winter months.

This was a contribution from Windmill Community Transport towards the cost of trips.

Tangible assets
Cost
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for year
At 31 March 2025
Net
book
value
At 31 March 2025
At 31 March 2024
£
34,049
34,049
30,643
3,406
34,049
-
3,406
Motor
vehicles
£
4,078
4,078
4,078
-
4,078
-
-
Office
equipment
Total
£
38,127
38,127
34,721
3,406
38,127
-
3,406

5 Tangible assets

6 Debtors and prepayments

Debtors and prepayments
Prepayments and accrued income
Cash at bank and in hand
Virgin Bank
Cambridge and Counties Building Society
United Trust Bank
Equals prepaid card
Petty cash
2025
£
1,129
1,129
2025
£
26,696
101,566
57,845
505
143
186,755
2024
£
1,913
1,913
2024
£
22,295
97,088
111,631
434
32
231,480

7 Cash at bank and in hand

12

Richmond Hill Elderly Action Limited

Notes to the accounts continued

for the year ended 31 March 2025

8 Creditors and accruals
Other creditors and accruals
Deferred income
2025
£
5,251
-
5,251
2024
£
9,084
-
9,084

9 Trustee expenses

No trustee received any expenses during this year or the previous year.

10 Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

11 Related party transactions

Key management personnel

The key management personnel of the charity comprises the Project Manager only. The total employee benefits of the key management personnel of the charity were £39,460 (2024: £36,554).

There were no other related party transactions during this year or the previous year.

12 Analysis of movement in unrestricted funds

General fund
Tangible fixed assets
Minibus fund
Balance at 1
April 2024
£
173,148
3,406
30,000
206,554
Income
£
160,682
-
-
160,682
Expenditure
£
198,012
3,406
4,506
205,924
Transfers
£
-
-
-
-
As at 31
March 2025
£
135,818
-
25,494
161,312

Name of

Description, nature and purposes of the fund

General fund The free reserves after allowing for all designated funds. Tangible fixed assets This amount relates to the net book value of the minibus Minibus fund £30,000 has been designated to secure the adapted transport service for the future.

13 Analysis of net assets between funds

Tangible fixed
assets
Net current
assets/(liabilities)
Total
General
fund
£
-
135,818
135,818
Designated
funds
£
-
25,494
25,494
Restricted
funds
£
-
21,321
21,321
Total
£
-
182,633
182,633

13

Richmond Hill Elderly Action Limited

Statement of Financial Activities including comparatives for all funds

(including summary income and expenditure account) for the year ended 31 March 2025

2025
2024
Unrestricted Unrestricted
funds
funds
£
£
Income
Charitable activities
149,030
138,096
Investments
11,652
8,569
Total income
160,682
146,665
Expenditure
Salaries and NI
165,499
147,343
Premises and office costs
6,907
11,406
Recruitment, training, other staff costs
48
558
Resources and other project costs
29,254
26,743
Independent examination
810
880
Legal and professional costs
-
-
Depreciation
3,406
5,108
Total expenditure
205,924
192,038
Net income / (expenditure)
(45,242)
(45,373)
Transfers between funds
-
-
Net movement in funds
(45,242)
(45,373)
Fund balances brought forward
206,554
251,927
Fund balances carried forward
161,312
206,554
2025
Restricted
funds
£
65,858
-
65,858
34,537
3,541
-
27,620
-
-
-
65,698
160
-
160
21,161
21,321
2024
Restricted
funds
£
46,208
-
46,208
38,397
228
150
16,948
-
-
-
55,723
(9,515)
-
(9,515)
30,676
21,161
2025
Total
funds
£
214,888
11,652
226,540
200,036
10,448
48
56,874
810
-
3,406
271,622
(45,082)
-
(45,082)
227,715
182,633
2024
Total
funds
£
184,304
8,569
192,873
185,740
11,634
708
43,691
880
-
5,108
247,761
(54,888)
-
(54,888)
282,603
227,715

14