2021-09-30-accounts

Report of the Trustees and Unaudited Financial Statements ForTheYear Ended 30 September 2021 for GOLDEN-OLDIES IIAI At the end of this Financial Year we were able tTrrest2rt'Goldies' sessions in Engl3nd.Above (left) the group vlho look forward ro their session inl*Vam)inster and (right) the popular Bollywcod session was able to start at the HaveringAsian Social WelfareAss¢xtation in East LondorL REGISTERED COMPANY NUMBEIL- 6309123 (England and Wales) REGISTERED CHARITY NUMBEIL. 1121600 www.golden-oldies.org.uk

						Pages
Trustees' annual report (incorporating the			director's	report)		1 to 8
Independent examiner's report		to the trustees
Statement offinancial	activities	(including	income and
expenditure account)						10
Statement offinancial	position					11 to 12
Notes to the financial	statements					13to 23
The following pages	do not form part ofthe financial				statements
Detailed statement of	financial	activities				25 to 26
Notes to the detailed	statement	offinancial	activities			27 to 28

Reference		and administrative	and administrative	and administrative	details
Registered		charity	name		Golden-Old)ca
Charity registration			number		1121600
Company		registration		number	06369123
Principal	office and		registered		Unit 7 Fourth Avenue
office					Midsomer Norton
					Radstock
					BA3 4XE
					England
The trustees
					M T Richardson
					Dr A Stathi
					S M Crick
					Mrs C Gregory
					Dr R Bullock
					J Crick (Chairman)
					Mr A Humphreys
					MrJJ Franklin
					H Warm

					2021		2020
				Unrestricted	Restricted
			Note	funds	funds 6	Total funds	Total funds f
Income and endowments
Voluntary income			5	184,647	20,440	205,087	284,380
Charitable activities			6	38,761		38,761	64,679
Other trading activities			7				803
Investment income			8	7		7	116
Total income				223,415	20,440	243,855	349,978
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies			9	216		216	216
Costs ofother trading	activities		10				2925
Expenditure on charitable	activities		11,12	280,192	590	280,782	328,393
Other expenditure			14	64		64	64
Total expenditure				280,472	590	281,062	331,598
Net (expenditure)/income				(57,057)	19,850	(37,207)	18,380
Transfers between funds				74	(74)
Net movement in funds				(56,983)	19,776	(37,207)	18,380
Reconciliation offunds
Total funds brought forward				137,436	3,023	140,459	122,079
Total funds carried forward				80,453	22,799	103,252	140,459

			Note	2021		2020f
Fixed assets
Tangible fixed assets			19		9,778	10,334
Investments			20		1	1
					9,779	10,335
Current assets
Debtors			21	44,505		57,708
Cash at bank and in	hand			58,117		78,971
				102,622		136,679
Creditors: amounts	falling	due within one year	22	9,149		6,555
Net current assets					93,473	130,124
Total assets less current		liabilities			103,252	140,459
Net assets					103,252	140,459
Funds of the charity
Restricted funds					22,799	3,023
Unrestricted funds					80,453	137,436
Total charity funds			23		103,252	140,459

						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021
						8	E
Donations
Grants	and		donations			184,647	20,440	205,087
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2020
							8	6
Donations
Grants	and		donations			262,103	22,277	284,380
Charitable			activities
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2021	Funds	2020
					6		6
Sale of	goods/services			as part of direct
charitable		activities			37,500	37,500	36,001	36,001
Goldies	sessions income				1,261	1,261	28,678	28,678
					38,761	38,761	64,679	64,679

7.	Other trading	Other trading	activities	activities
							Unrestricted		Total Funds	Unrestricted	Total Funds
								Funds	2021	Funds	2020
								E		E
	Fundraising	events								803	803
8.	Investment	income
							Unrestricted		Total Funds	Unrestricted	Total Funds
								Funds	2021	Funds	2020
								E	E	F	E
	Deposit account interest							7	7	116	116
9.	Costs of raising donations				and legacies
							Unrestricted		Total Funds	Unrestricted	Total Funds
								Funds	2021	Funds	2020
								F	E	E	E
	Costs ofgenerating			voluntary	income			216	216	216	216
10.	Costs of other trading activities
							Unrestricted		Total Funds	Unrestricted	Total Funds
								Funds	2021	Funds	2020
								E	E	E	E
	Fundraising	expenditure								2,925	2,925
11.	Expenditure		on charitable		activities		by fund	type
									Unrestricted	Restricted	Total Funds
									Funds	Funds	2021
									E	F	E
	Expenditure	to further the charitable				aims and
	objectives								11,035		11,035
	Support costs								269,157	590	269,747
									280,192	590	280,782
									Unrestricted	Restricted	Total Funds
									Funds	Funds	2020
									E	E	E
	Expenditure	to further the charitable				aims and
	objectives								46,794	11,282	58,076
	Support costs								243,416	26,901	270,317
									290,210	38,183	328,393

12.	Expenditure	on	char	itable activities	by activity type
					Activities
					undertaken		Total funds	Total fund
					directly 6	Support costs 8	2021 8	2020 f
	Expenditure	to further		the charitable
	aims and objectives				11,035	259,562	270,597	316,339
	Governance	costs				10,185	10,185	12,054
					11,035	269,747	280,782	328,393
13.	Analysis ofsupport			costs
						Support costs f	Tots I 2021 8	Total 2020 2
	Staff costs					60,376	60,376	55,057
	Premises					9,806	9,806	10,276
	Communications		and	IT		918	918	1,815
	General office					2,979	2,979	5,835
	Human resources					98,037	98,037	112,130
	Governance	costs				10,185	10,185	12,054
	Sundries					1,343	1,343	1,706
	Secretarial	and admin		charges		39,458	39,458	32,386
	Motor expenses					8,428	8,428	8,180
	Depreciation					2,445	2,445	2,584
	Advertising	materials		and promotions		35,772	35,772	28,294
						269,747	269,747	270,317
14.	Other expenditure

14.	Other expend	iture
				Unrestricted	Total	Funds	Unrestricted	Total Funds
				Funds 2		2021	Funds 2	2020 f
	Bank charges			64		64	64	64
15.	Net (expenditure)/income
	Net (expenditure)/income		is stated after	charging/(crediting);
							2021	2020
							f	6
	Depreciation	of tangible	fixed assets				2,445	2,584

					2021	2020f
Fees payable	to the independent		examiner	for:
Independent	examination	ofthe	financial statements		500	500
Other financial services					3,218	3,148
					3,718	3,648

Staff costs
The total staff costs and employee	benefits for the reporting	period are analysed as	follows:
		2021 f	2020 f
Wages and salaries		63,541	84,622

The average head count of employees during full-time equivalent employees during the year	the year was 4 (2020:4).The average is analysed as follows:	number o
	2021	2020
	No.	No.
Finance officer	1	1
Fundraising	1	'I
Shop management	2	2
	4	4

19.	Tangible fixed as	sets
			Fixtures and
			fittings
	Cost
	At 1 October 2020		30,566
	Additions		1,889
	At 30September	2021	32,455
	Depreciation
	At 1 October 2020		20,232
	Charge for the year		2,445
	At 30September	2021	22,677
	Carrying amount
	At 30September 2021		9,778
	At 30September 2020		10,334
20.	Investments

					Shares	In
					gl'oup
					undertakings
Cost orvaluation
At 1 October	2020 and 30 September		2021
Impairment
At 1 October	2020 and 30 September		2021
Carrying amount
At 30September		2021				1
At 30September		2020				1
All investments	shown above are held		at valuation.
Debtors
				2021	2020
Trade debtors				5,770	12,307
Amounts owed by		group undertakings		34,901	44,901
Prepaymenls	and	accrued income		3,834	500
				44,505	57,708

Creditors:	a	mounts f	alling due within o	ne year
						2021	2020
						f	6
Trade creditors						5,081	2,578
Accruals and		deferred	income			3,150	3,267
Social security and other taxes						918	710
						9,149	6,555
Analysis of	charitable		funds
Unrestricted		funds
			At				At
			October 202				30Septembe
			0 f	Income 6	Expenditure	Transfers f	r2021 f
General funds			137,436	223,415	(280,472)	74	80,453
			At				At
			October 201			30September
			9 6	Income f	Expenditure 6	Transfers f	2020
General funds			100,852	327,701	(293,415)	2,298	137,436
Restricted funds
			At				At
			1 October 202				30Septembe
			0	Income E	Expenditure 6	Transfers f	r2021 f
The Wolfson	Foundation			20,440			20,440
Lottery grant	-	People
and Places (Go Cyrmu)			3,023		(590)	(74)	2,359
			3,023	20,440	(590)	(74)	22,799
			At				At
			1 October 201			30September
			9 6	Income	Expenditure 6	Transfers f	2020
The Wolfson	Foundation
Lottery grant -		People
and Places (Go Cyrmu)			21,227	22,277	(38,183)	(2,298)	3,023
			21,227	22,277	(38,183)	(2,298)	3,023

Analysis of net as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds f	Funds f	2021 f
Tangible fixed assets		7,419	2,359	9,778
Investments		1		1
Current assets		82,182	20,440	102,622
Creditors less than	1 year	(9,149)		(9,149)
Net assets		80,453	22,799	103,252
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		f	f	f
Tangible fixed assets		7,384	2,950	10,334
Investments		1		1
Current assets		136,606	73	136,679
Creditors less than	1 year	(6,555)		(6,555)
Net assets		137,436	3,023	140,459

			2021	2020
				6
Income and endowments
Voluntary income
Grants and donations			205,087	284,380
Charitable activities
Sale ofgoods/services	as part of direct charitable	activities	37,500	36,001
Goldies sessions income			1,261	28,678
			38,761	64,679
Other trading activities
Fundraising events				803
Investment income
Deposit account interest				116
Total income			243,855	349,978

				2021	2020
Expenditure
Costs of raising	donations		and legacies
Other office costs				216	216
Costs ofother trading		activities
Rent					2,925
Expenditure on charitable			activities
Wages and salaries				63,541	84,622
Rent				6,825	12,576
Rates and water				563	559
Light and heat				1,827	1,967
Insurance				766	1,000
Motor vehicle expenses				9,135	14,461
Other motor/travel	costs				2,565
Legal and professional		fees		49,643	44,440
Telephone				918	1,815
Other office costs				9,967	19,674
Depreciation				2,445	2,584
Advertising				35,772	28,294
Sundries and DBScheck				1,343	1,706
Project managers	and chief		officer fees	98,037	112,130
				280,782	328,393
Other expenditure
Bank charges				64	64
Total expenditure				281,062	331,598
Net (expenditure)/income				(37,207)	18,380

			2021f	2020 0
Costs of raising donations	and	legacies
Costs ofgenerating voluntary		income
Sundries			216	216
Costs of raising donations	and	legacies	216	216
Costs of other trading activities
Fundraising expenditure
Fundraiser				2,925
Costs of other trading activities				2,925

						2021	2020
						6	6
Expenditure	on	charitable		activities
Expenditure	to further		the	charitable	aims and objectives
Activities undertaken			directly
Session leaders						3,165	29,565
Room hire						175	5,826
Goldies travel						707	6,281
Session leaders travel							2,565
Sundries						6,988	13,839
						11,035	58,076
Supportcosfs
Wages						60,376	55,057
Office rental						6,650	6,750
Rates and water						563	559
Light and heat						1,827	1,967
Insurance						766	1,000
Motor vehicle	expenses					8,428	8,180
Secretarial and admin charges						39,458	32,386
Telephone						918	1,815
Postage and	Stationery					2,979	5,835
Depreciation	of tangible		and	Profit/Loss	of Disposal	2,445	2,584
Advertising and promotions						35,772	28,294
Sundries						1,343	1,706
Project managers		and chief		officer fees		98,037	112,130
						259,562	258,263
Governance	costs
Accountancy						3,717	3,648
Professional	fees					6,468	8,406
						10,185	12,054
Expenditure	on	charitable		activities		280,782	328,393