REGISTERED COMPANY NUMBER: 0605T197 (England and Wales)
REGISTERED CHARITY NUMBER: 1118711
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
AGE CONCERN ISLE OF WIGHT

AGE CONCERN ISLE OF WIGI
CONTENTS OF THE FINANCIAL STATEmE￿s
FOR THE YEAR ENDED 31 MARCH 2025
Page
Report of the Trustees
1 to 11
Report of the Independent Auditors
12 to 15
Staternenl of Financial Activities
16
Balance Sheet
17
Cash Flow Slatement
18
Noles to the Cash Flow Statement
19
Notes to the Flnanclal Ststements
20 to 33

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Th? trustees, who are also diiectors ol the charity for Ihe purposes of the Companigs Act 2006, present their
report with the financial stal8ments of Ihe charity lor tha year ended 31 March 2025. The trustees have adopted
the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charities prèparing their acGounls in accordance with the Financial Reporting Star)dard applicable in tho UK and
Republic of Ireland IFRS 1021 lelfective 1 January 2019).
OBJECTIVES AND ACTIVITIES
OUR VISION
Age UK Isle of Wlghvs vision is to work in partnership to enable okler people on thè Isle of Wight to live well,
independently. while not feeling isolaled or lonely.
OUR MISSION STATEMENT
We will work with others to offer services Ihat enable independent living. Wg asiir8 to be innovators. afways
adaptable, agile. and responsive to Ihe needs ot older Islanders.
OUR AIMS AND OBJECTIVES
The Chartiy Objects promote the following purFX)ses lor the benefit of the publiG andlor older people within th8
Isle of Wight:
o prBventing or relieving the povarty of okler people".
advancing education:
preventing or relieving sickness, disease or suff8ring (whetFEr emotional, mental or physical}",
promoting equaty and drversty.
promoting the human rights of older people in ￿)rdance with the Universal Declaration of Human Rights.
assisting older people in need by reason of ill-heallh. social exclusion or othar disadvantage.. and
such olher charitable pU￿oseS for the beneltt of older people as the Directors from tlme to time
decide,.
tha outcome of this being the promolton of the well-being of older people.
Our activrties fulty reflect the Vtsion. Purpose. Aims and obJ￿{1veS that the charity was sèt up to further.
OUR STFIATEGIC DIRECTION
The Charity has a strategy to navigate lh8 8V8r-¢hanging external environment and financial challenges. Work
has continued to review our operational model to ensure the charrty remains suslainable, whilst ensuring older
Islanderg continue to be supported by the Charty's services.
Our work in 2024-25 continued to deliver seNices to Islanders that included:
CORE CHARITABLE ACTIVITIES..
Information and Signposting
Welfare Benefit Checks and Support to Claim These
Volunteer Befriending Good Neighbour Scheme
HEALTH AND SOCIAL CARE COMMISSIONED ACTIVITIES:
HospFtal Discharge Support to include the Crisis Team and Hospital IDT
Communty Unit Activities
Older Persons Mental Health Navigation Service
Page 1

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
DIGITAL INCLUSION:
Digilal Inclusion Project funded by the Charty R&seNes
OUR INCOME GENERATING SERVICES:
Just About You (JAY) Help at Home
Trustees and the Senior Leadership Team reviewed Ihese activikies to ensure they were fil for purpose in
meeting our aims and objectives and aligned with our Vision and Purpose. This regular scrutiny looked at what
has been aohieved, the béneficial impact on our dients and communty. and where we might improve,
HOW OUR ACTIVITIES DEUVER PUBLIC BENEFIT
Age UK Isle ol Wight Trust8es have referred to the advice contained in th8 Charity Commission's general
guidance on public beneflt when reviewing our objectives and in planning for future activty. Truslees consider
that our activities reflect our aims and objectivès and are designed to deliver accessible services and adivitiès
Ihat b9nafit the appropriate section of the public in accordancè wilh our charitable objectives.
WHO USED AND BENEFf￿ED FROM OUR SERVICES AND PROJECTS?
Our objects and funding streams restrict the seNices we provide to restdents on the Isle of Wlght, although
indirectly our s&Nicas also support relatives, carers and friends Itving on the mainland. Our primary
beneficiaries are those aged 50 and over, however our articles enable us to work with all persons on the Island
preventing or relieving sickness, disease or suffering {whelher emotional, mental or physical}.
There are over 41,0000 people over the agè of 65 living on Ihe Isle of Wight. The 2021 census shows Ihe Islo
of Wight population is significantly older Ihan the England average. 29.3 % of Islanders 65+ compared to 18.4 /.
elsewherè in England, represenling a 27¥0 increase sincg the 2011 census.
These figures are predicted to grow to 34% by 2030, particutarly in the 60-69 and 804 aga ranges.
GEOGRAPHY:
The Island is a Unitary Authority and Heath and Social care activities are delivered in three localities. digned
with the three Primary Care Networks: Northeast WighL South Wigm and West and Cenlrai Wight. and we
support across a]1 locality areas.
Page 2

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENT AND PERFOFIMANCE
REVIEW OF ACTlVttlES
During 2024-25. our aclivities continued to reach and provlde benefit to a signrflcant number of older people.
They covered the following key arèas:
OUR CORE CHARITABLE SERVICES
INFORMATION AND SIGNPOSTING
Providing independent, impartid. and confidential information and signposting to enabl8 people to make
informèd decisions and access timely sUPPOrt. Access to th& setvice was through telephone enquiries,
appointments. oulreach events. and home visits. This Sety￿e was partly contracted in partnership wilh Citizens
Advice Isle of Wight funded through the IOW Council which ended in December 2024.
From April 2024 to March 2025, we responded to 9.159 phone calls directly into this seNice alone.
GOOD NEIGHBOUR SCHEME- VOLUNTEER BEFRIENDING
Thè Good Neighbour Scheme is a comerstone of our charilable seNices. Our Volunteers provlde Iriendship
and reliable support lor local older residents who are often isolated or lonely. This is delivered ihrough
Telephone and Face to lace befri6nding, ￿latIonShip bljilding and signposting to vital information and services.
In 2024-25 the Good Neighbour Scheme delivered over 8,800 hours of support.
HEALTH AND SOCIAL CARE COMMISSIONED ACTIVITIES
Hospital Based Services.
Age UK Isle of Wight has continued working in partnership wilh IOW NHS Trust lo provide seNicas and activities
to support the Integrated Discharge Team {IDT). Wrth a focus on enabling healthy and safe discharge home.
and prevénting admission to hospitat when unnecessary, we havg bècome a key partner in the IDT. Whilsl there
are three separately funded projects, we have delivered these as a seamless s8Nic&:
Projecl 1.
Provided an Activities Coordinator at the Hospital Community unit delivering social, physical and cognitive
activities. This project supported 1,540 palients from April 2024 until October 2024, when this project ended.
Prolect 2.
Th& Hospital Care Navlgalors WOTk on the wards supporting safe dlscharge for patients who are medically
optimised. Ensuring thal clients and carers are aware of appropriate seNices and acttviti&s available to them
in th&ir communities and are confident in accessing this SLPPOrt onc8 home. In 202Q25 Ihe Hospilal Care
NavlGators supported 2.731 paiienls.
Page 3

AGE CONGERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Project 3.
Hospltal Care Navigation support provided to the Crisis team enabling people to slay home and avoid hospital
admittance. Age UK Isle of Wighl helped the IDT to support 506 patients to avoid admission in 2024-25.
In total. Age UK Is18 01 Wight's Hospital Projecl supported 4.777 older Islanders.
OLDER PERSONS MENTAL HEALTH NAVIGATORS
Older Persons Mental Heahh Navigators promote sèlf-contidence to increase a person's sense of health and
wellbeing. Thay help to improve qualty of life, mainlain independenc& and support individua15 and the famlly
of Ihose who have had a diagnosis of Dementia atKI those who are waiting for assessment.
In 2024-25 the service re￿iVed 1 .155 referrals.
Additionally, this 5ervic& managgs a constant open caseload of Clients. stepping lh8 clienls down from the
sérvice when appropriate to do so dependent on client needs.
REACHING COMMUNITIES DIGITAL INCLUSION PROJECT
The Reaching Communtties Digilal Inclusion project was funded by the charity from reserves and concluded in
July 2024. This project provided digital SUPFK)rt through a range of activities enabling old8r residents to build
their skills and confidence.
SERVICES THAT WE GHARGE FOR
JUST ABOUT YOU IJAY)
Just About You provides Support Workers to undertake essential domestlG tasks Ihat clients are no longer able
to do for Ihemselves. This may Incl￿1& shopping. cleaning, laundry, food pr&paration. and sitting seNice.
In 2024- 2025 thè service delNered over 30.921 hours to clients.
OTHER VITAL INCOME GENERATING ACTIVITYTO GENERATE A MIXED INCOME ECONOMY:
FUNDRAISING ACTIVITIES
The charity is registered wilh the Funding Regulator and adheres to the regulators. Fundraising Promise and
God8 01 Conduct, and all fundraising activities Gompty with General Data Protection Regtjlalions. No complaints
have been received during Ihe financial year 2024-25.
The Charity worked with an 8xEernal organisation to buibj a 'Case for Support and to undartake prospect
research for funding opportuntties lo strengihen the charity's fundraising position.
Annua] donation CaMp￿gn$ continued arKI in total thè Charty received £44,472 (2024: £33.300) in
donations and £115,58912024 £67,269} in legacy donations.
Page 4

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL FIEVIEW
FINANCIAL POSITION:
The current yearfs financial results reflected thB challenging ènvironment of rising costs, a very competitwa
market for all charities seeknng additional funding. and some services and older projects being discontinued
during Ihe y8ar.
Steps have been taken in the year. however. to furthor reduce overheads, including the sale of the freehold
offfce building and renting office premises instèad. Operations have been reviewed and streamlined. A tighter
budget has been set for 2025 - 2026 reflecting the changes and funds have also been invested on a long-term
basis to generate some steady incotrE for the tharity.
Incoming unrestricted and restricted resources for the year, available for charilable application were
respectively, £888.970 and £388,38412024 £799,792 and £669,225).
Unrestricted and restricted expendilure amounted to £986,242 and £451,078 (2024 £842,526 and £743,593}.
Unrestricted and restricted funds carried forward al the end of the year afflounted to £932,013 and £6,818
respectively (2024 £1.049,557 and £48,800}.
The in-year deticit 01 £159.526 includes a doficit on restiicted funds of £41.982. Unr8slricted incorne can be
used to support the charity to achieve ils charitable objectives- however, Ihe spending ot restricted funds is
limited to specific projects.
PRINCIPAL FUNDING SOURGES
- Independent knving ser￿e, Just About - £695,573
- Hospitd Car& and Community Contracted Services Income- £388.384
INVESTMENT POLICY
A review of the Investment Policy is undertaken annually by the Finance and Risk Committee. and any
risk to the Charity is mitigated by investing the Charity's funds in financially regulated entities with a ratlng of
AA or higher.
A designated long-temi income generaling inveslment fund has been created during the year to generate a
source of steady income for the Gharty. whilst retaining separalely a prudent allocation of reserves for at least
3 months unrestrictod expenditure at all limes. The tnjstees retain discrabon lo redlocate funds Irom this d8signated
ng-term investment fund rf negJed. Trustees remain committed lo maintaining, and if possible. enhancing the
valup of reseNes by taking a balanced risk approach through due diligence. It remains particularly important
to ensure that reserves do nol erode over time because of the effects of inflation.
RESERVES POLICY
It is the policy ol the charity to maintain unrestricted funds, which are the fie8 reserves available to the Charity,
at a minimum level of 3 months unrestricted expendilure in order to b8 confident of maintaining the 8ssenti
work of the Charity in the event of a signrficant drop in funding and lo avoid cash flow problems. This policy is
reviewed annually by the Finance and Risk Committee to consider rf there hav8 been any changes in the risks
to the organisation in the year, and they report lo the Board of Trustees for ralification of any amendm8nt if
deemed necessary.
The current level of unrestricted resgNes is £932.013 and is £412,677 after 8xcluding fixed assets and
designated lunds, which means the charity continues to remain compliant with Ihe policy. Funds currently
designated as a long-term income generating reserve can also be ￿deSIgnated as unrestricted at the trustees
discrètion if needed.
Details of the funds aro outfined in the N4)tes to the Accounts.
Page 5

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
CURRENT STATUS AND PRIORITIES FOR THE NEXT 121.IONTHS j2025.126)
Tha Chief Offic8r along with the Board of Trustees will review the Strategy and opgralional priortties for 2025
onwards.
Lik8 many organisations, the Charity is worf(ing a lot harder and thlnking creatively to rnaximise opportunities
and partnerships. We are constantly reviewing our service offer to support older Island residents.
STRUCTURE, GOVERNANCE AND mANAGEME￿ERMANCE AND MANAGEIAENT
GOVERNING IXXUMENT
Age Concern Isle of Wight (ACIW), which trades as Age UK Isle of Wight, was registered as a private limited
company on 18th January 2007. registralion no. 06057797. ACIW originally registered as a Charity on 29th
May 1973, and the company was registered as a charity on 5th April 2007. The assets of the original
unincorporated association were transferred inlo the private limTled company wlh effect from 1 st April 2008.
ACIWS governing docum8nt is its Memorandum and Artides of Association which established the objects and
powers of the charitabl8 company and is governed under its Articles of Association. This document was
reviewed, and an administration clause added during 2024 for submission to the Charllies Commission and
Companies House. In the evenl of the company being wound up members are required lo contribLrt8 an amount
not exceading £1.00.
The charity trustees are also directors of the company for the purposes of charity law and under Ihe company's
Articles are known as the Board. All members of Ihe Board give1heirlime voluntarily arKI receive no benetits from
the Ch￿lty.
No trustee expenses were reclaimed from the Gh￿lty this year. Last yearfs exFEnses, totaling £510. are set out in
note 10 to the accounts.
CHARITIES GOVERNANCE CODE 2017
The Board meets the principles and outcomes of the Charities Govemance Code 2017 by either applying the
recomm8nded practice or by recording its explanation as to why it has decided not to apply the Cod8 and what
is done instead in certain circumstances.
TRUSTEE TENURE
The principles of the Charty Governance Code wera accepted by the Board in 2018, and the Charity has taken
steps to assess how well it meets recommended good practice and has acted on those area5 idenlified for
improvemenl.
The Board accepts th8 recommendation within the Charities Governan￿ Code, that a trustee's temi be
determined as 3 years, up to a maximum of 3 terms. If a trustee serves more than 9 years. their reappointment
would be subje¢t to a particularly rtgorous raview and consider the need for progressive rglreshing of the
Board. This would also be disclosed within the Annual Accounts. The Chair may serve for a maximum of 6
conse¢uttV9 years.
Under th8 requir8ments of the Memorandum and Articles of Association, Trustees appointed to the Board
be￿een AGM'S retire at their first AGM and offer themselves for r&appDintmenl. Thereafter, all Trustees are
included within a retirement by rotation, whereby one third of thè Board retire at each AGM and if eligible,
ofter themselves for rtrappoinlm8nL
During 2024-25, Mr. Martyn Pearl. having served 10 m o n t h s, resigned wtthin thgir inf(ial 3-year term due
to personal commttments. Thè Charty thanks him for his aclive contribulion to Board activttles.
Page 6

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
RECRurrMENT AND AppoINrrMENT OF NEW TRUSTEES
An annual review takes place ot the Board membership, and in the event of skills being lost. or new skills
Identified as required by the trustees. these are activety soughl Ihrough a recruitment process in accordance
with the trustees, Recruitment Policy. Age UK Isle of Wight also works to ensure that the Board reflects the
Charty's commitment to 4LJality and diversity and the invofvemenl ol older people themselves. As and when
required, trustees undertake a skills and experience audit ol current members to help identify where gaps exist
and to guide future recruitment and selection requirements. Six new Irusteès were appointed during 2024125.
INDUCTION AND TRAINING OF NEW TRUSTEES
A trustee induction pack is maintained and contains a variety of Information. including Charity Commission
publications and the gov&rnance documents relevant lo the trustee's role. These are mad8 availab19 to n
and sèrving trustees through sofiware designed lo manage access to all materiais which truslees require,
including all meeting papers and notes. New trustee onFKJarding sassions were held with new Board members
including key staff and current trustees.
KEY MANAGEMENT REMUNERATtON
The board of trLJStees makes d8cisions as to the pay of key management personnel after giving dLJe
consideration to performance and Ihe requirements of the roles.
RELATED PAF￿lEs
In so far as it is compl&mantary lo the Charity's objects, the Charity is guided by both I￿al and nationa policy
and Initiatives. This includes:
NATIONAL POLICY AND GUIDANCE".
Safeguarding Vulnerable Groups Act (2006)
The Care Act (2014)
LOCAL POLICY AND GUIDA￿E.
4 Local Aduft Saleguarding Boards "Saleguarding AduHs Policy (2020)"
IOW Council's Adult Social Car6 "Care Close to Home" Strategy
IOW Dementia Strategy
IOW Carers Strategy
Age UK Isle of Wight are represented in Isle of Wight strategic and operationd multi-agency lonjms relaled lo
our core purpose and articles. This includes-.
IOW safeguarding Adults Board
IOW Volunlary Sector Forum
Dementia Strategy Implem6nlation Board
Demantia Strat￿Y Group- Carers Stralegy Group
Southeast Regional Congress Age UK
Page 7

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
AGE UK BRAND PARTNERSHIP AGREEMENT:
Age UK Isle of Wight is a local, independent charity, separate from thè nationally known Age UK. The charity
works together wtth Age UK and the wider Age UK nelwork. in a 5pIrft of collaboration and mutual supporl to
achieve common goals. A Netwod( Partnership Agree￿Ent took effect in early 2025.
RISK mANAGEmE￿r
Trustees actively rewew Ihe Charity's rt5k register at both Finance and Risk Committee meetings and Trustee
Monitoring Meelings. Risks are rated according to both fikelihood and impact and corg controls. and additional
mitigating actions are agreed to reduce the likelihood or severity where possible to within tolerabla levels.
During this year the key risk themes identsfied related to:
Flnancial sustainability With the w)tertbal ending of key seriices contract funding and an increased
ndraising tsrg8t.
Concern over staff recruitment and retention relating to the impact on morale regarding wtential
loss of funding.
A Charity Business Continuity Plan is in place with schedU￿d reviews.
BOARD AND COMMIThEE STRUCTURE
The Charity has a Trustee Board currently comprising of 10 members who are responslble for tho overall
governance and strategic direclion of the Charty, and who come from a variety of backgrounds Televant to the
work of Age UKIW. From March 24, the new Charity Articles and Govemance Rules allow lor the minimum
number of Directors (also referred to as Trustees) to be 3. however the Charity's internal Governance Flules
specify that Trustees feel more comfortable wilh a minimum of 5 and {unless otherwis8 detemiined by ordinary
resolution) subject to a maximum of 10. axcepl duriw transitional periods be￿een recruitmen￿1ndUction and
anticipated retirements from the Board, to allow for continuty.
Tnjstee Monttorlng Meetings. the Finance and Risk Committee and the Fundraising and mar￿MMS Strategic
Panel ar& scheduled four times each year. Additional meetings are arranged when needed to discuss urgent
business.
The Chief Ofticer is Ms. M Bunce. Mrs. Amy Gallop. thè Company Secretary, stts on Ihe Board but has no voting
rights.
ORGANISATIONAL STRUCTURE
Th8 day-to-day operation of Age UK Isle of Wight is delegatsd by the Board of Trustees to the Chief Officar,
Finance Manager and Team Leads to deliver the seM¢8S specrfied. meet slrategic objectNes, and ensure
sustainabillty is achieved.
QUALITY MANAGEMENT
The Gharity continued to maintain the Age UK Charity Quality Standard {GQS). It certifies that our organisation
is well govemed and managed: has a clear direction and stra1eoy" and is committed to ensuring the well-being
and safety of older people. our staff. and volunteers.
In 2023-24 Age UK Isle of Wighl achioved Ihe Age UK Qualty Marque for Information and Signposting
standards.
Page 8

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
REGISTERED COMPANY NUMBER
06057797 (England and Wales)
REGISTERED CHARITY NUMBER
111871
REGISTERED OFFICE
St. Thomas House
17 St. Thomas. Squar&
Newport
Isle of Wight
P030 1SL
TRUSTEES
L Buckman (appointed 25.07.191
C J Edwards (appointed 22.5.23)
G F Read (appointed 30.08.22)
K A Marriott (appointed 5.6.23)
S R D Bailey {appointed 19.7.23)
W Young {appointed 20.7.23}
J Hicks lappoinled 8.5.24) (resigned 27.5.24)
H M Bentley lappoint8d 27.6.24)
M Bostock (appointed 27.6.241
S Coleman {appointed 27.6.24)
M Huxtable (appointed 8.7.24}
M S Pearl (appointed 27.6.24) {resignation 05.05.25)
Pag8 9

AGE CONCERN ISLE OF WIGHT
REPQRT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
COMPANY SECRETARY
A Gallop
AUDITORS
MC Audtt Limited
statutory Auditors
Station House
North Street
Havant
P09 1QU
BANKERS
Barclays Bank UK
PIC 102 St. James.
Streèt Newport
P030 1UP
The Charity Bank Ltd
Fosse House
182 High
Street
Tonbridge
TN91BE
CHIEF OFFICER
Ms. M Bunce
Page 10

AGE CONCERN ISLE OF WIGHT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Th8 trustees {who are also the directors of Age Concem Isle of Wighl for the purposes of company law) ar8
responsible for preparing the Report ol the Trustees and the financial slatements in accordance with applicable
law and United Kingdom Al￿O￿nting SLqndards (United Kinglom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare fina￿[al statemenls for each financial year which give a true
and lair view ol the state ol affairs of the charitable company and of the incoming resources and application ol
resources, including the income and expenditure, of the charilable company for that period. In preparing those
financial statemanls, the Irustèes ar8 required to
select suitable accounting policies and then apply them consistentty;
obsgwe Ihe melhods and principles in the Gharlty SORP;
make judgements and estimales that are reasonable and [￿dent.
prepar& thè financial statements on the going concern basis unless it is inappropriate to presume that Iha
charitable company will continue in business.
Thè trustees are responsible lor keeping proper accounting records which disclose with reasonablo accuracy
at any time the financial posilion of the charitable company and to enable them to ensure Ihat the financial
statements comply with the Companies Act 2006. They are dso responsible for safeguarding the assets of the
charilable company and hence for taking reasonable steps for the prevention and deteCt￿n of fraud and other
irregularities.
As far as tha trustaes ar8 awa￿.
there is no relevanl au(rrt information ofwhich th& charitable companvs auditors are unaware" and
the trustees have taken all steps that they ought to have taken to make thems61v8s aware of any
relevanl audit information and to eslablish that the auditors are aware of Ihat intormation.
AUDrroRS
Tha auditors. MC Audit Limited. will ￿ proposed for re-appointment at the forthcoming Annual General
Meeting.
3.I.1..1..1..25..... and sign￿￿ on tis behalf by:
Approv&d by ordar of Ihe board of trustees on.......
ead- Trusl
Pagè11

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
AGE CONCERN ISLE OF WIGHT
Opinion
We have audited the financial statements of Age Concern Isla of Wighl (the 'charitable company? for the
year ended 31 March 2025 which comprise the Statement of Financial Activities. th8 Balance Sheet, the
Cash Flow Slatement and notes to th8 financial slatemenls, including a summary of signrficanl accounting
policies. The financial reporbng Iramework that has been applied in their preparation is appllcable law and
United Kingdom Accounting Standards (United Kingdom Gen8ratly Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the chariLiblè company's affairs as al 31 March 2025 and ol its
incomlng resources and application of resour￿$, including tts In￿)rne and 8xpenditure. for the year then
have been property prepared in accordance with Unitgj Kingdom Generally Accepied Accountlng
Practica., and
have been prepared in accordance with the requirements of the Companies Act 2(h)6.
Basis for opinion
We conducted our aLKlit in accordan￿ with Inlernational Standards on Auditing (UIQ (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in thg Auditors,
r8sponsibilities for the audtt of the financial stalements section of our report. We are independent of the
¢haritabl& company in accordance with the ethical rLx]uirements that are relevant to our audit of the financial
statemenls in the UK. including the FRG'S Ethical Slandard, and we have fulfilled our other ethical
responsibiltlies in accordance with these raquirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relatlng lo golng concern
In auditing Ihe linancial statements, we have concluded Ihat the trustees. us8 of the going concem basls of
accounting in th& preparation of the financiai statemenls is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or
conditions that, individua15y or collectively, may cast significant doubt on the charilable company's ability to
continue as a going concem for a period of al least Iwelve months from when Ihe financial statements are
authorised for issue.
Our responsibilities and the responsibilitie5 of the Irustees with respect to going concem are described in the
relevanl sections of Ihis report.
Other matter
The financial statements ol the entity for Ihe y8ar ended 31 March 2024, were audited by anolher auditor
who expressed an unmt)dilied opinion on those statements on 14 November 2024.
Other information
The trustees are responsible for Ihe other intormation. The other information comprlses the information
included in the Annual Report, other than the linaTKial stalements and our Report ol lh8 Independent
Auditors ther￿n.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwisa &xplicitly stated in our report, we do not express any fomi ot assurance conclusion thereon.
In conneclion with our audit of the financial stalements. our responsibilty Is to read the other Information
and, in doing so. consider whether the other information is materially inconsistent with the financial
statemants or our knowlgdge obtained in the audit or otherwise appears to b8 materially misslated. If we
identify such materlal inconsistencies or apparent material misstatements, we are required to determine
whether this gives rise to a material misstalemant in the financial stat8rnents themselves. If. based on the
worf( we have performed. we conclude Ihat there is a material misstatgment of this other information, we are
required to report that lact. We have nothing to report in this regard.
Opinions on other mallers prescrlbed by the Companles Acl 2006
In our opinion. based on the work undertak8n in the course of the audit-
the information given in the Report of the Trustees for the financial year for which the flnancial statements
are pr8pared is consistent with the ftnancial statements. and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 12

REPORT OFTHE INDEPENDETr￿ AUDITORS TO THE MEMBERS OF
AGE CONCERN ISLE OF WIGHF
Matters on which we are required to report by ex¢eptlon
In the light of the knowledge and understanding of Ihe charitable company and its 8nvirDnment obtained in
Ihe coursa of the audit, we have not identified material misstatements in th8 Report of tha Trustees.
We have nothing to report in respect of the following matters where Ihe Companies Acl 2006 requires us to
report to you if. in our opinion=
adequate accounting records have not been kept or returns adequate for our audit have not been
received from branches not Vistted by us,. or
the financial statements are not in agreement with the accountiw re(x>rds and relums. or
certain disclosur8s ol Iruste6s' ramuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit.. or
the Irustees were not enlitled lo take advantage of the small companies exemption fiom the requiremant
to prapare a Strategic Report or in preparing ihe Report of the Trustees.
Responslbilllles of trnstees
As explained more lully in the Statement ol Truslees. Responsibilities. Ihe trustees (who arg also the
éireclDrs of the charitab19 company for th8 purposes of company law) are responsible for the preparation of
the financial slatements and for being salisfied that they give a true and lair view. and for such internal
control as the trustees determine is necessary to enable the preparation of financial statements that are tr8
from material misstatam8nl. wh8th8r due to fraud or error.
In preparing the financial statements. the truste8s are responsible for assessing the charitable company's
ability lo continue as a going concern, disclosing. as applicable, matters related to going concem and using
the going concem basis of accounting unless the truslees either intend to liquidate the charitable company or
to cease operations. or have no realistic alternative but to do so.
Page 13

REPORT OF THE INDEPENDEPU AUDITORS TO THE MEMBERS OF
AGE CONCERN ISLE OF WIGHT
OUT responslbllllles lor the audtt of Ihe tlnancial slalements
Our objectives ar8 to obtain reasonable a55urance a￿ut whether the financial statements as a whole ar&
free from material misstatement. wheth8r dLSe to fraud or error, and to issue a Report of the Indap8ndent
Auditors Ihat includes our opinion. Roasonable assurance is a high level of assurance, but is not a
guarant88 that an audit conducted in accordance with ISAS {UKI will always detect a material misstatement
when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in
Ihe aggregate, they could reasonably be èxp8Cted to influence lh8 econoTlliC decisions of users taken on the
basis of these financial statements.
The extent to which our proc8dures are capable of detecting irregularities, i￿luding fraud is d&lailed below:
From discussion with management arKI those charged wilh govemance information aboul the entity is
documented to assess the actrvity within the organisation. We discuss management's assossment of risk In
respect of irregularities, fraud and going concern.
Based on these discussions and our own assessments we determined thal Ihe key risk areas were incoma
recognition in respect of cut off issues and manag8m8nt override concerning the Size of the organisation.
We set financial statement materiality ￿Ve7 based on the level of income. As a not for proftt organisation
raising income is its primary focus which is why income wa5 used to detemiine the level of materlality- Our
overall assessment of risk was used to dètermine performance rnateriality at an appropriate level.
Substantive audit tests were d8signed after assessing and performlng walkthrough tests. The walkthrough
testing confirmed documented systems which have b8en d8signed to act as a preventative ffleasure against
Iraud and error which ¥ipear to be operating as documenled. Substantive testing tested a sample of the
population. representative of the population, to identty errors. The testing did not identity any material
misslatements In areas tested.
Audit substantive tests concluded no material errors over tha key risk areas of In￿Me racognition and
management override.
The audit considers the organisation is not exposed to material risk of error as a rasLtIt of assessing laws and
regulations that are appropriate to the organisation.
Management assessed there is no going concam iisk. The audtt Ejndertook a review of budgets.
manag8ment accounts and the review of board minutes and came to the same Conclusion as management.
A further description of our responsibilitigs lor the audit of the financial statements is located on the FTnan¢ial
Reporting Council's websrte al www.frc.org.uklauditorsresponsibilit18s. This description forms part of our
Report of the Independent Auditors.
Page 14

REPORT OF THE INDEPENDENT AUD￿oRs TO THE MEMBERS OF
AGE CONCERN ISLE OF WIGHT
Use of our report
This report is made solely to the charitable company's members. as a body. in accordance with Chapter 3 of
Part 16 of lh8 Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to slate to them in an auditors. report and for
no other purposg. To the fullest extent pprmitted by law, we do nol a¢￿pt or assume responsibility to
anyone other than the charitable company and the charitable company's members as a body. for our audit
work, lor this report. or lor the opinions we have fomied.
Stuart Mackie (Senior Statutory Auditor)
for and on behalf of MC Audil Limited
Statutory Auditors
Station House
North Street
Havant
Hampshire
P09 1QU
Page 15

AGE CONCERN ISLE OF WIGHT
STATEMEwf OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unreslricted Restricted
funds
funds
Noles
INCOME AND ENDOWMENTS FROM
Donallcns and legacies
173,228
173,228
123.356
Charitable activities
Enhancing and supporting lives
695.573
388,384
1,083,957
1.292,675
Other trading actwltles
Invgstment income
3.521
16.648
3.521
16,648
37,607
15,378
Total
888.970
388.384
1,277,354
1469.016
EXPENDITURE ON
Raising funds
35,5
35.590
56.066
Charllable actlvltles
Enhancing and supportirKJ lives
950.652
451.078
1.401,730
1,529,446
Other
607
Total
986.242
451 078
1.437 320
1,586.119
Net gains on investmenls
440
NET INCOMEI(EXPENDITURE)
Transfers between funds
(96,832)
20,712)
(62,694)
20,712
(159,5261
{117.103)
Net movement in funds
(117.544)
(41.982)
(159.526)
{117,103)
RECONCILIATtON OF FUNDS
Total funds brought forward
1.049,557
48,800
1,098,357
1,215,460
TOTAL FUNDS CARRIED FORWARD
932,013
6,818
938,831
1,098.357
Tha mtes form part of these financial statements
Page 16

AGE CONCERN ISLE OF WIGHT
BALANCE SHEEr
31 MARCH 2025
2025
2D24
Notes
FIXED ASSETS
Tangible assets
Investments
14
15
2,521
500,292
230,281
502,813
230,281
CURRENT ASSErs
D8btors
Cash at bank
16
84.370
462.037
60.784
993.491
546.407
1.054,275
CREDITORS
Afflounts falling due within one year
17
(110,389}
{98,368)
NET CURRENT ASs￿s
436.018
955,907
TOTAL ASSETS LESS CURRENT
UABILITIES
938.831
1.186,188
CREDrroRS
Amounts falling due after more than one year 18
{87,831)
NET ASSErs
938.831
1,098,357
FUNDS
Unrestricted funds
Reslricted lunds
932,013
6,818
1,049,557
48.800
TOTAL FUNDS
938.831
1,098.357
These financial statements have been prepared in accordance with the provisions applicable lo charitablo
companies subject to the small companres regime.
The tinancial statements were approved by the Board of Truste8s and aulhorised for issue on
l .l.1..1.1.5...............
and were signed on its behalf by:
éad - Trustee
The notes form part of these financial statements
Page 17

AGE CONCERN ISLE OF WtGkrr
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activFties
Cash generated from operations
157.417
11.453
Net cash (used In}Iprovided by operating activities
157,41
11.453
Cash flows from investing aclivities
PU￿haSe of tangibl8 fixed assets
Purchase of fixed asset investments
Sale of tangible fixed assets
Sale of fixed ass&t investments
Interest received
12,778)
(500,000)
203.615
440
16.648
15,378
Net cash (used in)Iprovided by invesling activili8s
279.29
12.600
Cash flows from financing aclivilies
Loan r8payments in year
Net cash used in financing activities
94.740
13,188
Change in cash and cash equlvalenls
In the reporting perlod
Cash and cash equivalents al the
beginning of the reporting period
{531,4541
10.865
993.491
982.626
Cash and cash equNalènts at the end
of the reportlng perlod
462.037
993.491
The noles lorm part of Ihese flnancial slatements
Page 18

AGE CONCERN ISLE OF WIGHT
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
RECONCILIATION OF NET EXPENDrruRE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2025
2024
Net expenditure lor the reporting period (as per the Stalernenl
of Flnancial Activltles)
Adjuslments for".
Depreciation charges
Losses on investments
Loss on disposal ol fixed assets
Interesl received
Loan inter8st paid
Gain on Investments
Ilncreaselldecrease in debtors
Increase in creditors
1159,526)
{117,103}
10.813
1440)
13,332
(16,648)
6,029
718
(15,378)
8,168
(292)
(23,586)
18,930
93,557
35,462
Nel cash (used in)Iprovided by operations
{157.417)
11,453
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash flow
At 31.3.25
Net cash
Cash al bank
993.491
531.454)
462,D37
993.491
531.454
462,037
Debl
Dgbts lalling due within l year
Debts talling du8 aft8r 1 year
16.909)
87.831
6.909
87.831
94.740
94,740
Total
898.751
436.714
462.037
The notes form part of Ihese financial statements
Pag219

AGE CONCERN ISLE OF WIGF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTJNG POLICIES
Basis ol preparing ihe financial statements
The finan¢ial statements of the charttablè company. which is a public bengfit gntity undar FRS 102,
have been prepared in accordan￿ wilh the Charities SORP (FRS 102) 'Accountlng and Reportlng by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance wlth the Financla Rèporting Slandard applicablè in th& UK and Republic of Ireland IFRS
1021 (effective l January 2019)., Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
hava boen prepared under the historical cost convention. with the exception of inveslmenls which are
included at mathat val￿, as modrft8d by the rgvaluation of certain assgts.
Llmit8d by Guarantee
Thè charitable company is a company limited by guarantee and has no share capital. The members
of the company are each liable to contribute a M￿lMuM of £1 in the event of the company being
wound up. The company is registered in England and Wales and is governed by its Articles of
Association.
Going Concem
The financial statements have been prepared on a going concem basis. The Iruslees have assessed
the charity's ability to corrtinue as a going concem and have a reasonable expectation that the charity
has adequale resources lo continue in operatlonal exlstence for the foreseeable future, belng at least
e￿8 months from the dal8 of approval of the financial statements.
In making this assessment, the trustees have considered the charity's financial posilion, cash flows,
and future funding commitments. The charty has prepared forecasts and projections which
demonslrate that it is abla to meet its liabiltties as they fall due. Thesa forecasts include reasonable
assumptions about tha level of incom8 expectad from donations, grants, and othèr funding sources.
Critical accounting judgements and key sources of eslimation uncertainty
In the preparation of these financial statements. the Trustees have not made any critical accounting
judgements that have a significant effect on the amounts recogntsed in the financial statements.
No key sources of estimation uncertainty have been identified that would have a material impact on
the carrying amounts of assels and liabilities.
Income
All income is recognised in the Slatsmgnl of Financial Activilies once the Charity has entitlement to the
funds, it is probable thal the income will be received and the amount can be measured reliably.
Voluntary inc£Jme including donations and grants are recognised when recetvable. For legacies
entitlement is taken on a case by case basrs on receipt or where the charity is aware of an impending
distribution and Ihe amount can be measured reliab￿. Where legacies have been notified or the
charity is aware of the granting of probale, and thg crilaria for income racognition has not be8n m8t.
then tho18gacy is treated as a contingènt asset and disclosed if material.
Income from collections and fundraising is recognised on receipt of funds.
Grant income is often subject to perlormance related conditions. and where this is the case the
resulting income is recognised as income from charilable activities tp the extent that the performance
conditions have been met at year end.
Income arising from the provision of services is recgonised on completion of services giving rise to the
income.
Interest recewable is recognised over the period that it is accrued.
Page 20
continued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES - contlnued
Expendltur
Liabilities are recognised as exwnditure as soon as there is a legal or constructive obligation
committing the charity to Ihal expenditure. il is probable thal a transfer of economic benelils will be
required in settlement and the amount of Iho obligation can be measured reliably. Expenditure is
accounted lor on an accruals basis and has been classified under headings that aggregate all cost
related lo the category. Where costs cannot be directly attributed to particular headings they have
baen ￿loCated lo activities on a basTrs consislent with the use of resources.
Tangible tixed assets
Tangible fixed assets are measured at cost less accumulaled depreciation and any accumulated
imp?irmgnt losses. Assets costing less than £1,000 are not capitaiised.
Deprecialion is provided at the lollowing annual rates in order to wrile off each asset over its
&Stimat￿ useful life.
Land and buildings
Plant and machinery
nol provided
- Over 4 or 5 years on cost
The Iruste8s are ol the opinion that the residual value of the freehold buildings will not be less than
cost and Iherefore th8 Ireehold buildir¥Js are not depreciated.
The gain or loss arising on Ihe dlsposal of an assel is determined as the differenGe between the sale
proceeds and the carrying valu8 of the asset. and is recognized in inoome or expendilure for the year
as appropriate.
Taxation
The charity is axompt from corporation tax on its charitable activities.
Fund accounting
Unreslricted funds can be used in aCcOrda￿e with the charitable objectives at the discretion of the
Irustees.
Restricted funds can only be used for particular restrTCted purposes within the objects of the charty.
Rastrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nalure and purtKJse ol each fund is induded in the notes to the linancial
statements.
P8nsion costs and other posl-retiremenl benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
Trade and olher debtors
Short tem debtors are measured at Iransaclion prtce, less any impairment. Loans receivable are
measured inilially at lair value, net ol transaction costs, and are measured subsequently at amortised
cost using the effective interest method. less any impairment.
Cash and cash equivalents
Cash and cash equivdents Gomprise cash at bank and on hand. deposits wtth banks and other short-
term highly liquid investments and bank overdrafts. In the balar￿e sheet, bank overdrafts are shown
wtthin borrowir)gs or current liabilitie5.
Trade and other credllors
Short term trade credttors are measured at the Iransaction piice. Other linancial liabilities. including
bank loans. are measured initially at fair value. nèt of transaction costs. and are measured
subs8quantly at amortised cost using the eflectivo int&rest meth(MJ.
Page 21
continued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMETrtrs - continued
FOR THE YEAR ENDED 31 MARCH 2025
DONATIONS AND LEGACIES
2025
2024
Donations
Legacies
Grants
44,472
115.589
13,167
33.300
67,269
22.787
173,228
123,356
OTHER TRADING ACTIVITIES
2025
2024
Fundraising avants
INVESTMENT INCOME
2025
2024
Deposit account interest
16,648
All investment income is derived from assets hekl In the United Kingdom.
INCOME FROM CHAR￿ABLE ACTIVITIES
2025
2024
Activity
Hospilal Care and
Community Contract8d
services income
Just AboLrt You
Age Friendty Island
Enhancing and supporting lives
Enhancing and sup￿rting Itves
Enhancing and Sup￿rting Irves
388.384
695,573
601,580
691,545
450)
1.083.957
1,292,675
RAISING FUNDS
Ralslng donations and 18gacies
2025
2024
staff costs
Fundraising Costs
24,649
1D,941
24,730
35.590
56,066
Page 22
Continued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 8)
Enhancing and suptx)rting Itves
1,401,730
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
2024
Staff costs
Tru51ees' expenses
Employee Related Costs
Volunteer Recruttment And Exp
Direct Project Cos
Premises Costs
Office Costs
Transportation And Cosls
Bank Charges And Interest
No desciiplion
Auditors. Remuneration
Legal Ané Professional Fees
Grant Repayment
Depreciation
Loss on sale of assels
1,185.244
1.249,040
510
27,795
1,945
95,495
14,692
59,253
15,932
9,011
13,179
2,358
22,910
13,957
65,599
17,220
1,573
837
10,800
43.908
11,1S2
13,394
24,470
6,029
718
10,813
13,332
1.401.730
1,529.446
NET INCOMEI(EXPENDITURE)
Net incomel(expendttura) is slated after charg1￿/(crediting).
2025
2024
Depreciation - owned assets
Deficit on disposal of fixed assels
10.B13
13,332
6,029
718
10. TRUSTEES. REMUNERATION AND BENEFITS
There were no tTUStees' rernuneration or olher benefits for the year ended 31 March 2025 nor for the
year ended 31 March 2024.
Truslees. expenses
During the year zero Irust8es {2024: 3) ware rgimbursed out ot pocket gxpgns8s for a total of £nil
12024- £510).
Page 23
conlinued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
11.
srAFF COSTS
2025
2024
Wages and salaries
Social security costs
Other pension costs
1.124.657
67,894
1.189.782
67.212
16.776
1,209,893
1,273,770
The average monthly number of employees during the year was as follows:
2025
2024
14
71
Managerial and admin
Operationa]
69
78
No employees received emoluments in excess of £60.000.
KEY MANAGEMENT PERSONNEL REMUNERATION AND BENEFITS
The charty considers its key management personnel to comprise the Chief Officer, Financial
Controller {formerly Generd Manager), and Finance Manager.
The lotal remuneration and bgnglits received by the threg kgy management personngl oparating
during 2024125 was £85,349 {2023124.' two key manag8ment P8rsonn81 £70.842}.
Remuneration includes gross salary, employer national insurance contributions, employer pension
contributions. and taxable benefits in kind.
12. COMPARATIVES FOR THE STATEMEFTf OF FINANCIAL ACTIVITIES
Unrestricled
funds
Restricled
funds
Total
funds
INCOME AND ENDoWME￿fS FROM
Donations and legacies
122.905
451
123,356
Charitable aelivities
Enhancing and supporting lives
624.619
668.056
1.292.675
Olher trading activff(ies
Investment income
36.89)
717
37,607
15.378
Total
799,792
669,224
1.469.016
EXPENDITURE ON
Raising funds
56,066
56,066
Charitabl8 aclivitl8S
Enhancing and supporting lives
786,328
743,118
1,529,446
other
132
475
607
Total
842.526
743.593
1.586,119
NET INCOME/{EXPENDrruRE)
(42.734)
{74,369)
{117,1D3)
Page 24

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS - Conllnued
FOR THE YEAR ENDED 31 MARCH 2025
12.
COMPARATIVES FOR THE sTATEmE￿r OF FINANCIAL AcTIV￿lEs - continu8d
Unrestricted Restricted
funds
funds
Total
funds
Transfers belween funds
118.025
118.0251
N8t movement Jn fund5
75,291
{192,3941
(117,103)
RECONCILIATION OF FUNDS
Total lunds brought forward
974,265
241,195
1.215,460
TOTAL FUNDS CARRIED FORWARD
1.049,556
48,801
1,098,357
13.
PRIOR YEAR AI)JUSTMENT
11 was noted that wilhin prior years, expenditure related to restricled funds were Inc0￿eCtlY accounted
for as unrestrictad which m&ant that thèra was no movemenl in certain restricted funds.
Management have within the current year identified this and noted that it relates to prior financial
years. This has been corrected retrosFECtively and does not have an 8ff8Ct on any lin8 ileffl in the
flnancial statements other than funds.
14. TANGIBLE FIXED ASSETS
Freehokj
propety
Plant and
machinery
Totals
COST
At 1 April 2024
Disposals
214.918
214,918)
166.487
8,6411
381.405
223,5591
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
151.124
10,813
151,124
10,813
6,612)
At 31 March 2025
155,325
155.325
NEf BOOK VALUE
At 31 March 2025
2,521
2,521
At 31 March 2024
214,918
15.363
230,281
Page 25
contlnued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEME1￿s . conlinued
FOR THE YEAR ENDED 31 MARCH 2025
1 S. FIXED ASSET INVESTMEKrs
Listgd
investments
MARKEf VALUE
Additions
Revaluations
500,000
292
At 31 March 2025
500,292
NEf BOOK VALUE
At 31 March 2025
500,292
At 31 March 2024
There were no investment assets outside the UK.
16. DEBTORS: AIAOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Prepayments and accrued income
77.535
6,835
49.572
11,212
17. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Bank loans and overdrafts (see note 19)
Trade creditors
Social security and olher taxes
Other creditors
Accruals and defe￿ed income
Deferred grants
6,909
11.240
16,822
4,46D
39.590
19.347
22,500
8,921
4,614
46,094
28,260
110389
In the 2024 ¢omparalive, the Social security and other taxes balan￿ was re-classified in these
financial statements as they had originally been included within trade creditors.
DEFERRED GRANT INCOME
Deferred income is included wilhin other creditors falling due within one year and has arisen as a
result of performance-related conditions on grants nol beirwJ fulfilled at the r8POrting dat8 and
therefore unconditional entitlement to the income has r￿t passed to the charty at the year end.
2025
2024
Deferred income as at 1 April
Income released during the period
Income dèf8rred during the reportiro period
19,347
{19.347)
28,260
10.000
110,000}
19,347
Deferred income as at 31 March
28,260
19,347
Page 26
contlnued,..

AGE CONCERN ISLE OF MGHT
NOTES TO THE FINANCIAL STATEMENTS - Contlnued
FOR THE YEAR ENDED 31 MARCH 2025
18. cRED￿ORS. AMouFifs FALUNG DUE AFfER MORE THAN ONE YEAR
2025
2024
Bank loans {see note 19)
87,831
The bank loan, originally repayable in monthly instalments over a period of 20 years from the date of
the initial drawdown in 2013, bore interest at a rate of 3Yo above the base rate. The loan was ftJlly
repaid during the current linancial year.
19. LOANS
An analysis ol the maturity of loans is given below=
2025
2024
Amounts falling due within one year on demand-.
Bank loans
6,909
Amounts lalling belwèèn on& and two years:
Bank loans - 1-2 years
7,509
Amounts falling due between Iwo arKI five years:
Bank loans - 2-5 years
26,673
Amounts falling due in more than live years-
Repayable by instalments:
Bank loans more 5 yr by inslal
53.649
LEASING AGREEMENTS
Minimum lease payments ut7der nOn￿an￿lIable operaling leases fall due a5 follows:
2025
2024
Within one year
Be￿een one and five years
20,337
67.462
837
1.674
87.799
2.511
21. SECURED DEBTS
The following secured debts are Includ￿ wrfhin Greditors..
2025
2024
Bank loans
94,740
The loan was secured on the freehold propety of the charty. The loan was repaid in full during the
current year and the freehold propety was sold.
Page 27
conts'nued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS - Qonllnued
FOR THE YEAR ENDED 31 MARCH 2025
22. ANALYSIS OF NEf ASSETS BETWEEN FUNDS
2025
Total
funds
2024
Total
funds
Unrestricted Restiicted
funds
funds
Fixed assets
Inv8slments
Current assets
Current liabilities
LDng term liabilities
2,521
500.292
539.589
(110.389)
2.521
500,292
54S.407
(110,389)
230,281
6.818
1.054,275
(98,368)
87,831)
932.013
6,818
938,831
1,098,357
23. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
betsyeen
funds
At
31.3.25
At 1.4.24
Unrestricled funds
General fund
Fixed assets fund
Infrastructure investment fund
Stitching fund
Supporting staff post cowd
Income Generating fund
752.087
230.281
46.594
7.741
12,854
(79,620)
112,842)
{259,790)
(214,918)
(36,838)
412,677
2,521
9,756
6,767
(974)
13,396)
19,4581
500,292
500.292
1.049,557
(96,832)
(20,712)
932,013
Reslricted funds
Hewland fund
Crisis team
Dementia navigators
Reaching communities
Communlty unit
Older persons mental health
Care navigators IDT
Hospilal, Gare & Communty
5.131
7.978
6.189
18.815
4.168
2.519
4.000
{2.313)
{7,978)
{6,189)
(18.815)
{4,168)
(2,519)
1818
4.000
20.712
20.712
20,712
6,818
TOTAL FUNDS
1098357
159 526
938,831
Page 28
conlinued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS - conlinued
FOR THE YEAR ENDED 31 MARCH 2025
23.
MOVEMENT IN FUNDS- conlinu8d
Net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
Goneral fund
Fixed assets fund
stitching fund
Supporting staff post covid
882.203
(962.263)
(12,842)
{7.741)
3.396)
440
{79,620}
{12,842}
{9741
6.767
888.970
(986.242)
440
{96.8321
Restrfcted funds
Hewland fund
Crisis team
Dementia navigalors
Reaching communities
Community unit
Older persons mental health
Hospilal, Care & Community
(2,313)
(7,978)
(6,189)
(18.8151
{4.1681
(2,519)
409.096
(2,313}
(7.978}
16,189)
(18.8151
(4.1681
12,5191
(20,712)
388.384
62,694
TOTAL FUNDS
1277,354
1.437.320)
159526
Page 29
continued...

AGE CONCERN ISLE OF WIGFrr
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
23.
MOVEMEKf IN FUNDS- contlnued
Comparatives for movement in lunds
Net
rnovemenl
in funds
Transfers
be￿een
funds
At
31.3.24
At 1.423
Unrestricted funds
Ganeral fund
Fixed assets fund
Infrastructure investment fund
Slitching fund
Suppor1ing stafl post covid
674.311
234.251
46.594
1,960
17.149
{37,4721
(6.74n
115,248
2.777
752,087
230,281
46.594
7.741
12.854
5.781
4.295
974.265
(42.733)
11B.025
1.049.557
Restrlcted funds
CCG car8 navigalors
Prostale cancer care navigator
Living well programme
Digital inclusion project
Household support fund
Good neighbourhood Scheme
Hewland fund
Crisis team
Dementia navigators
Digital champions
GPM
Reaching communities
Community unit
Older persons mental health
Care navigators IDT
18.727
10
3.761
9.177
{18.7271
{10)
(3.7611
(9.176}
(2.898)
120.120}
(1,223)
119.943}
924
(18,886)
{1,972)
9,179
{1.928}
1.237
12.924
{1)
2,898
20,120
6.354
27.921
17.293
841
1,971
9.636
6.096
1,282
138.126
5,131
7,97B
6,189
(12,028)
18,045
18,815
4.168
2,519
147 050
241.195
4.370
118.025
48.800
TOTAL FUNDS
1.215.460
(117,103)
1,098,357
Page 30
continued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
23.
MOVEMEMf IN FUNDS- conlinued
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Fbxed assets fund
Stitching fund
Supporting stalf post covid
793,806
(831,278)
{6,7471
{2041
{37,4721
16,7471
5,781
4,295}
5,985
799.791
(842.524}
(42.733)
Reslrlcted funds
CCG care navigators
LNing wall programme
Digitai inclusion project
Household support ftjnd
Good n&ighbourhood scheme
Hewland fund
Crisis leam
Dementia navigators
Digital champions
GPM
Reaching communitias
Community unit
Older persons mental heaith
Care navigators IDT
118,727)
(3,761)
19,175)
{53,262}
(60,690}
(1,2231
(64,123)
1118,523)
(36.887)
11,972)
(146,691)
(38,133)
(27,810}
162 6181
{18.72n
(3.761 }
{9.176}
{2,8981
(20,1201
(1.223)
119.943)
924
{18,8861
(1,972)
9,179
(1,928)
1,237
12,924
11)
50.364
40,570
44.180
119,447
18,001
155,870
36,205
29,047
175.542
669.225
743.595)
74.370
TOTAL FUNDS
1.469,016
1.586 119)
117.103)
Unrestrlcted Funds
Fixed Asset Fund
This fund represents the net tN)ok value of fixed assets held for unrestricted use by Ihe charity.
Depreciation is charged against this fund annuaNy.
Infr8slru¢lure Investment Fund
This designated fund has been sel aside to support future infrastructure investment and to allow for
the replacement and enhan￿ment of 8quipment.
stitchlng Fund
This designated fund was crealed from a donation received from the Insinger Foundation
(Netherlands). net of any expenditurè applied against it.
Supportlng Staff Post-COVID Fund
D8signated by the Trustees to support statt wellbeing and development in recognilion of the ongoing
effects of the COVID-19 parKlemic on team morale and capacity. especially given the continued
increase in demand and client complexity.
Income generatlng fund
Designated by the trustees in order for the charity to generate more Inco￿ by investing cash.
Restricted Funds
Pagg 31
¢On￿nUed...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 FdlARCH 2025
23.
MOVEMENT IN FUNDS - continued
CCG Care Navigalors
Funded by the Isle ol Wight Glinical Commissioning Group {CCG), this fund supports a team of Care
Navigators providing person-centred. holislic care planning and coordination across all GP practiGes
on the Island. facilitating over 1.500 clients to live independently and avoid health crises.
Prostate cancer care navlgator
Funded by Prostate Cancer UK for ong year. this Care Navigator role focused on supporting men wilh
prostate cancer and their families. The project ended in August 2015 as Funding from Prostate
Cancer UK was no longer available, as a result Age UKIW wll worf( with the fijnder with regards to
the outstanding unspent lunds to support men through the care navigator programme.
Llvlng Well Prograrnme
This fund is supported through the Improved Bettèr Car8 Fund IIBCF) and enables partnership work
batween four organisations to promole indepèndènt living for adults with 18arning disabilities. tnental
health issues, older people, and carers. The project also receives referrals from Social Services for
individuals who do not meet statutory thresholds.
Digital Inclusion Project Funding to support
Older people agad 50+, peopl8 living with learning disability, people living with mental health
conditions, and carers by: 1. Developing the skills and knowledge of the voluntary sector workforce
{bolh staff and Volunteers) lo support use of technology: and 2. Davgloping the ski118 and knowledge
of people to use lèchnology to 8nable them to do things for themselves andlor seek appropriate
support to do things lo supwrt independenl living for longer.
Household Support Fund
Funding to assist vulnerablè households with essenlial needs. including food, energy costs, boilar
servicing or repairs. essentia] white goods. a￿1 toiletries.
Good Neighbour Scheme
Previousty funded under the Big Lottery proi8Ct, this scheme continues wtth separate funding io
8nab18 volunteers to provide friendty, reliable support lo old&r local residents.
Hewland Fund
Funding to assist vulnerable households with costs of essential white goods repairs or purchases and
minor emergency home repairs. with awards up to £250.
Crisi5 Team
Funding to provide Care Navrgation support within the Crisrs team at St Mary's Hospital, employing
communtty support slaff to help indtviduals remain at home and avoid hospital admission when
appropriate.
Dementia Navigalors and Older Persons Mental Health {OPMH)
Funding for Dementia Care Navigators who promote self-confidence. wellbeing, and independenc8 in
individuals diagnos￿] with dem8ntia or awaiting assessm8Frt, while also sut4)orting their families.
Dlgtlal Champions Project
Funding to deliver digital workshops. conduct home visits. and recruit additional volunteers and stafl,
expanding outreach efforts to promote digital inclusion sarvices.
Good Pra¢ll¢e Mentor Project (GPM)
Funding to develop an Age Friendly Local Leaming Network, bringing senior leaders together to
gmb8d Age Friendly Island principles into their organisations, strategic plans.
Reachlng Communities Group
Funding to deliver workshops island-wid& on online salety. online shopping. and access to medicai
semces, alongside one-to-one in-person and online support to build digilal skills and confidence in
older residants.
Page 32
conlinued...

AGE CONCERN ISLE OF WIGHT
NOTES TO THE FINANCIAL STATEMENTS. continued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS - continued
Community Unit
Funding for an ActNities Goordinator to provide social. physical. and cognilive activities at the hospital
communfty unit, supporting clients. health and wèllbaing while awaiting discharg8 or residential
placement.
Care Navlgators Integrated Dls¢harge Team (IDTII Hospital, Care & Communlty
Funding for Care Navigators based in hospital community wards, supporting patient discharge by
ensuring patients and carers are aware of, and confident in accessing, appropriate cornmunity
services and activf(ies post-discharge.
24. RELATED PARTY DISCLOSURES
There were no rdated party transactions for the year ended 31 March 2025.
25.
ULTJWtATE CONTROLLING PARTY
The charitsble company is not under the control of another entity or any on& individual.
26. MATERIAL LEGACIES
Legacy income is ollly included as incoming resources when the legacy has been re¢eivèd or when
both the r8caipt and the amount is considered probable. As at the 31 st March 2025, the charity had
been notified of Ihe following legacies, which have not bean recognised as incorne within the
accounts:
An èslat8 whgrg the charity are 8nlÈllèd to a one third share of 50°A of Ihe residuary e5tat8.
An estate where the charity are currently entided lo a £5,000 share, bul where the amount is still
uncertain due lo a polentiai claim against the estate which could reduce the va]ue of the cash gift.
Page 33