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2022-03-31-accounts

Charity Reference and Administrative Details
Trustees'
Annual
Report
Report ofthe Independent
Auditors		 to the Members of
Age Concern Durham
County
Consolidated
Statement
of Financial		 Activities
Consolidated
Balance Sheet
Consolidated
Statement
of Cash Flows
Notes to the Consolidated
Financial		 Statements

Unrestricted Restricted Total Funds Total Funds
Note Funds Funds 2022 2021
2 2 2 2
Income from
Donations 32,520 1,533 34,053 28,564
Legacies 5,316 5,316 1,396
Income from charitable activities
Local authority contracts 254,088 254,088 240,000
Grants to provide charitable activities 52,525 490,825 543,350 524,938
Client fees 9,080 9,013 18,093 4,214
Income from other trading activities
Gross income from trading company 17 777
Charity Shop income 159,826 159,826 42,689
Fundraising
income		 3,709 875 4,584 7,306
Investment
income
Bank interest and Property 51,943 51,943 47,315
Other Income 828 828 548
Total income 315,747 756,334 1,072,081 897,747
Expenditure
Expenditure
on raising		 funds
Trading costs 6 158,959 158,959 123,215
Other fundraising
costs		 35,400 35,400 31,736
Expenditure
on charitable		 activities 7 65,900 622,068 687.968 558,250
Total expenditure 260,259 622,068 882,327 713,201
Net income before transfers 55,488 134,266 189,754 184,546
Net gains on Investment Property 308,106
Transfer between
funds
Net income 55,488 134,266 189,754 492,652
Reconciliation offunds
Fund balances as at 1 April 2021 1,772,123 289,800 2,061,923 1,569,271
Fund balances as at 31 March 2022 1,827,611 424,066 2,251,677 2,061,923

Group Group Charity Charity
Note 2022f 2021
2		 2022
6		 2021
8
Fixed Assets
Tangible fixed assets 13 295,628 315,559 295,628 315,559
Investment property 14 477,106 477,106 477.106 477,106
772,734 792,665 772.734 792,665
Current assets
Debtors 15 96,084 412,310 96.084 412,310
Stock 510 948 510 948
Cash at bank and in hand 37,457 126,399 37,455 126,397
Short term deposits 1,561,417 1,327,819 1,561,417 1,327,819
1,695,468 1,867,476 1,695,466 1,867,474
Creditors: amounts falling due
within one year 16 (216,525) (598,218) (216,525) (598,218)
Net current assets 1,478,943 1,269,258 1,478,941 1,269,256
Total assets less current liabilities 2,251,677 2,061,923 2,251,675 2.061,921
Nel assets 2,251,677 2~061~923 2)251 675 2,06'I,921
Funds
Restricted funds
Restricted 19 424,066 289,800 424,066 289,800
Unrestricted Funds 19
Non-charitable trading funds 2 2
General 953,522 866,015 953,522 866,015
Property 165,000 169,000 165,000 169,000
Investment property 477,106 477,106 477,106 477,106
Designated 231,981 260,000 231,981 260,000
2,251,677 2,061,923 2451,675 2,061,921

Group Group Charity Charity
Note 2022 2021 2022 2021
2 2 2
Net cash provided
by
operating activities 23 111,911 289,162 111,911 292,705
Cash flows from investing
activities
Interest income 2,956 4,220 2,956 4,220
Property income 40,554 36,405 40,554 36,405
Proceeds from sale of equipment
Purchase
of fixed assets		 (10,765) (9,772) (10,765) (9,772)
Net cash used in investing
activities 32,745 30,853 32,745 30,853
Change ofcash snd cash
equivalents
in the year		 144,656 320,015 144,656 323,558
Cash and cash equivalents at
the beginning
ofthe year		 1,454,218 1,134,203 1,454,216 1,130,658
Cash and cash equivalents
et the end of the year 1 598r874 1,454,218 1,598,872 1,454,216
Cash and cash equivalents consist of:
Cash at bank and in hand 37,457 126,399 37,455 126,397
Short term deposits 1,561,417 1,327,819 1,561,417 1,327,819
Cash and cash equivalents at
31 March 2022 1,598,874 1,454,218 1,598,872 1,454,216

Grants receivable - restricted funds 2022 2021
6
Age UK 56,397 76,992
Big Lottery —Covid Awards for All 7,841
Big Lottery —Give me a week 9,910
Big Lottery —Never Alone Always Heard 45,388
Big Lottery —Intergenerational 17,940
Big Lottery —Heritage
Fund		 20,547
CCG Mental
Health
Programme		 311,040 61,934
County Durham
Community
Foundation
Community
Safety Fund		 1,250
Covid funding 11,500
Kellet 13,699
Durham
County Council
Councillors 550
Bsfriending —Here for you 29,279 20,913
Falls Prevention 14,088
Financial
Capability
Service		 170,000 170,000
Keeping Safe and Well 70,000 70,000
Mid Durham
AAP		 7,905
SpennymoorAAP 9,242 1,023
Stanley AAP 2,500 2,500
Never Alone Always
Heard		 8,535
New College Durham —ESFFunding 46,690
Karbon Homes 1,000
HMRC Job Rentention
Scheme		 1,053
County
Durham
Sport		 4,124
Scotto Trust 4,167 10,000
Total restricted grants 744,913 533,094
Total grants received 797,438 764,938
Donations snd Legacies Received
Unrestricted
donations		 2022 2021
2 6
Sundry donations 32,520 27,376
Total 32,520 27,376
Restricted donations 2022 2021
6
Sundry donations 1,533 1,188
Total 1,533 1,188

3.3 Unrestricted legacies legacies 2022
2		 2021f
Burn 5,316
Strophair 500
Turner 896
Total 5,316 1,396
Total donations and legacies received 39,369 29,960
4 Unrestricted investment income
2022 2021
2 6
Bank interest 2,956 4,220
Properly
rental		 income 40,554 36,405
Property service charge 7,923 6,690
Room hire 510
Total investment income 51,943 47,315

Other income
Unrestricted Restricted
Funds Funds Total Total
2022 2022 2022 2021
8 8 2
EDF Customer Care retund 357
HMRC SSPclaim 664 664 134
Lloyds bank compensation 150 150
Miscellaneous 14 14 57
Total other income 828 828 548

Breakdown offundraisi ng
trading costs
Unrestricted Restricted
Funds Funds Total Total
2022 2022 2022 2021
8 2 2
Direct costs
Insurance sales
~~~Srt~
Cost ol goods sold 790 790 236
Shop costs 130,347 130,347 92,698
Retail costs 27,822 27,822 30,281
158,959 158,959 123,215

Comparatives
for the St		 at ement of Financial Activities - Gro up and Charity
Unrestricted Restricted
Funds Funds Total
2021 2021 2021
2 2 2
Income from
Donations
and legacies		 28,772 1,188 29,960
Income from charitable activities
Local authority
contracts		 240,000 240,000
Grants to provide charitable activities 231,844 293,094 524,938
Client Fees 4,214 4,214
Income from other trading activities
Gross income from trading company 777 777
Charity Shop income
Fundraising
income		 42,689
7,306		 42,689
7,306
investment
income
Bank interest and Property 47.315 47,315
Other Income 548 548
Total income 363,465 534,282 897,747
Expenditure
Expenditure
on raising
Trading costs		 funds 123,215 123,215
Olher fundraising
costs		 31,736 31,736
Expenditure
on charitable		 activities 78,980 479,270 558,250
Movement
on defined benefil pension		 liability
Total expenditure 233,931 479,270 713,201
Net income before transfers 129,534 55,012 184,546
Net gains on Mvestment property 308,106 308,106
Transfer between
funds
Net income 437,640 55,012 492,652
Reconciliation
offunds
Fund balances as at 1 April 2020 1,334,483 234,788 1,569,271
Fund balances as st 31 March 2021 1,772,123 289,800 2,061,923

13 Tangible fixed assets - Group and Charity
Leasehold llllotor Fixtures Computers
buildings Vehicles 8 fittings 8r electrical Total
8 8 2 8 2
Cost
At 1 April 2021 200,000 9,772 240,742 11,645 462,159
Additions 10,765 10,765
Disposals (6,954) (7,555) (14,509)
Transfer to
Investment Property
At 31 March 2022 200,000 9,772 233,788 14,855 458,415
At 1 April 2021 31,000 1,466 104,194 9,940 146,600
Charge for year 4,000 1,954 23,378 1,364 30,696
Disposals (6,954) (7,555) (14,509)
Transferto
Investment property
At 31 March 2022 35,000 3,420 120,618 3,749 162,787
Net book value
At 31 March 2022 165,000 6,352 113,170 11,106 295,628
At 31 March 2021 169,000 6,306 136,548 1,705 315,559
14 Investment
Property —Group and Charity
2
At 31 March 2021 477,106
Gain/loss on valuing at fair value
Fair value of investment property as at 31 March 2022 ~477106

Trading company (cont Trading company (cont inued)
Profit snd loss account 2022 2021
Turnover 1,725
Cost of sales (1,184)
541
Administrative expenses (87)
Net profit 454
Provision
for		 Corporation tax
Amount
gift aided to Age		 Concern Durham County (765)
Retained
in subsidiary		 (311)

Analysis of net assets between funds —current year
Unrestricted Designated Restricted
funds funds funds Total
Fixed assets 229,685 65,943 295,628
Investment
property		 477,106 477,106
Cash and current investments 925,969 231,981 440,924 1,598,874
Current assets 23,201 73,393 96,594
Current
liabilities		 (52,838) (163,687) (216,525)
'1,603,123 231,981 416,573 2,251,677
Unrestricted Designated Restricted
funds funds funds Total
2
Fixed assets 205,880 109,679 315,559
Investment property 477,106 477,106
Cash and current investments 937,477 260,000 256,741 1,454,218
Current assets 29,068 384,190 413,258
Current liabilities (129,672) (468,546) (598,218)
1,519,859 260,000 282,064 2,061,923

Unrestricted
fu		 nds —c urrent year
Balance at Gains/ Balance at
01/04/2021
2		 Income
Expenditure
2
2		 Transfers
2		 Lossesf 31/03/2022
2
Unrestricted 866,015 315,747 (260,259) 921,503
Property
Investment
property		 169,000
477,106		 (4,000) 165,000
477,106
Designated
Pension Deficil 40,000 40,000
Retail Investment 120,000 (21,377) 98,623
Services 100,000 (6,642) 93,358
Trading co.funds 2 2
Total unrestricted funds 1,772,123 315,747 (292,278) 1,795,592
Unrestricted
funds —prior year
Balance st Gains/ Balance st
01/04/2020
2		 Income
2		 Expenditure
2		 Transfers
2		 Losses
2		 31/03/2021f
Unrestricted 728,170 362,688 (225,608) 765 866,015
Property 346,000 (8,000) (169,000) 169,000
Investment
Property		 169,000 308,106 477,106
Designated
Pension Deficit 40,000 40,000
Retail Investment 120,000 120,000
Services 100,000 100,000
Trading co.funds 313 777 (323) (765) 2
Total unrestricted funds 1,334,483 363,465 (233,931) 308,106 1,772.123

Restricted funds —current year —current year —current year
Balance at Gains/ Balance st
01/04/2021 Income Expenditure Transfers (losses) 31/03/2022
8 8 8 8 2 8
Ags UK sundry grants 1,113 5,183 73 6,223
Banks community
shed		 9,082 1,297 7,785
Befriending 12 29,329 29,341
Burnhops
Heritage		 2,252 23,047 25,299
CCG Mental
Health		 Support 34,423 311,040 149,348 196,115
Come Eat Together 19,049 50,098 61,941 7,206
Chief Executive Projects 378 378
ESF 46,690 46,690
Falls Prevention 14,088 1,015 13,073
Information
&Advice		 29,233 210,761 210,832 29,162
Intergenerational
Prog.		 23,825 534 11,307 13,052
Give me aWeek 10,307 10,307
Let's gst crafty 1,050 671 379
MCST 22,371 20,501 1,870
Social Activities 28,314 31,836 39,677 20,473
North Road premises 142,119 13,769 128,350
Total 289,800 756,334 622,068 424,066
Restricted funds —prior year
Balance at Gains/ Balance at
01/04/2020 Income Expenditure Transfers (losses) 31/03/2021
2 E 2 8 8 8
Age UK sundry
grants		 1,114 I 1,113
Banks community
shed		 10,380 1,298 9,082
BTS—Mid Durham AAP 540 540
BTS—CDCF Com Safety 3,050 1,250 4,300
Befriending 77,323 77,311 12
Betjeman Resource 2,401 2,401
Bumhope
Heritage		 2,282 30 2,252
CCG Mental Health Support 61,934 27,511 34,423
Come Eat Together 2,180 35,048 18,179 19,049
CET —Kellett 2,945 13,699 16,644
Chief Executive Projects 117 13,500 13,239 378
Covid Awards for All 7,841 7,841
Information
&Advice		 31,315 204,105 206,187 29,233
Intergenerational
Prog.		 6,826 25,925 8,926 23,825
Keeping Safe and Well 550 550
Let's get crafty 1,250 1,250
Never Alone Always Heard 53,923 53,923
Social Activities 39,184 10,870 28,314
North Road premises 170,388 28,269 142,119
Total 234,788 534,282 479,270 289,800

Reconciliation
ofne		 t moveme nt
in fun		 d to net cash flow from o perating
acti		 vities
Group Group Charity Charity
2022 2021 2022 2021
E E E E
Net movement
in funds		 189,754 492,652 189,754 492,963
Add back depreciation charge 30,696 34,207 30.696 34,207
Deduct gain on investment
property		 (308,106) (308,106)
Deduct interest income shown in
investing
activities		 (2,956) (4,220) (2,956) (4,220)
Deduct sales of fixed asset income
Deduct property
income		 (40,554) (36,405) (40,554) (36,405)
Decrease (increase) in debtors 316,226 (355,236) 316,226 (350,925)
increase (decrease)
in		 creditors (381,693) 466,034 (381,693) 466,139
Decrease (increase) in stock 438 236 438 (948)
Net cash provided
by		 operating activities 111,911 289,162 111,911 292,705