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2022-03-31-accounts

THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

ANNUAL REPORT & FINANCIAL STATEMENTS For the year ended 31 March 2022

Charity number 1122424

Company number 6188907

Trustees Annual Report for the year ended March 2022

The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 31 March 2022 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland (FRS 102) (effective 1 January 2019).

Foreword by our Chair

On behalf of the Board of Trustees I am once again privileged to share with you the Annual Report of the Elders Council.

We were delighted to have been able to appoint Clare Levi as our Community Development Officer, re-establishing staffing levels that had been previously eroded. Clare will be focusing on

building our connections in neighbourhoods, in particular Walker, Byker and West Fenham. Clare is the first direct employee of the Elders Council, as Barbara Douglas is employed by Newcastle City Council on our behalf.

We also reviewed our core programme, making appropriate changes to ensure that we meet many more people, to gain a better understanding of the issues of those who have a limited voice, or none at all. We have continued to take part in sessions with other local and national organisations, to discuss important issues on behalf of our members.

During the last 12 months Trustees, staff and key active volunteers worked with more flexibility to ensure that our statutory responsibilities were carried out efficiently.

We have kept our membership regularly informed through the Echo, our quarterly magazine, twice a month e-bulletins and the twice a month radio programme “Older Voices”, as well as the occasional Warm Welcome meeting. We have launched a new website which we developed

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with pro bono support from Tech4Good volunteers from Accenture Newcastle.

All of this excellent work is prepared, produced and distributed by our volunteers, with staff support. We thank each and every one for their time and commitment to the Elders Council. We also thank the many members who have given generous donations to the organisation over the year.

As you will see in the detail of our report, Elders Council works in partnership with other organisations to deliver our work. We thank all our partners, both local and national, for their support in helping us to deliver such a rich and varied programme of work.

I would also like to take this opportunity to thank our funders – Newcastle City Council, Care and Repair England/Rayne Foundation, Wellbeing in the North of Tyne and Postcode Community Trust – for supporting our work throughout the year.

We know that some of you made the decision to go out and about when social activities opened up again but many others have not been so confident, so we have offered both virtual and the occasional face to face event where it has been deemed appropriate.

Looking forward, we will prioritise keeping people informed via our communications work; reaching out and making new connections through our Neighbourhoods work and continuing our work on Housing, Health and Social Care. We will also respond, as best we can, to issues raised by our members. We are always grateful when new people step forward to help us to deliver our work, so do keep an eye out in our bulletin and Magazine for new opportunities.

In conclusion, EC Trustees deem that the work described in this report, both completed and ongoing, adequately demonstrates that the Elders Council provides a Public Benefit to the community.

Anne Raffle

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Our mission is to be recognised as Newcastle’s member led organisation working for the city’s older people, so that they may live a respected, fulfilled later life.

We will:

Objective 1. To ensure we are a member-led organisation; supporting our members to increase their knowledge and participation by providing opportunities to contribute and by providing effective support and training.

Highlights of our work from objective 1

Most of the work of the organisation is delivered by its members. Board members and active members have contributed a substantial number hours of work to the organisation over the year. At the AGM members will be invited to share their ideas about what the priorities should be for the coming year.

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In 2021/22 EC continued to deliver the Staying Connected project, funded by the Postcode Community Trust to provide older people with devices and training to enable them to get on-line. Working with our partners Your Homes Newcastle, Mental Health Concern and the Project ICE team from Northumbria University we supported

60 older people to get on-line. We would like to thank our partners and volunteers for their great work in supporting the delivery of this project.

The Jesmond Wellbeing Group, delivered by members who live in the area, is going from strength to strength with a good attendance at their regular monthly blended meetings on topics of interest.

Objective 2. To engage with older people in diverse communities across Newcastle to better understand their needs and views and to use the evidence we gather to inform policy and service development. Obj i

Highlights of our work from objective 2

EC has appointed a new Development Worker, Clare Levi, to support the organisation to reach more diverse communities. We are contributing to Newcastle Neighbourhoods (Collaborative Newcastle) by working intensively with older people and local organisations in Byker, Walker and West Fenham to make the neighbourhoods more age-friendly.

We kickstarted the work with a small grant from the Wellbeing in the North of Tyne fund which enabled us to have conversations with a group of older people in Walker and a group of South Asian women from the West End. We contributed our findings to a Wellbeing Framework for North of Tyne A Wellbeing Framework for the North of Tyne Summary Report - Carnegie UK Trust.

We subsequently received another complementary grant from the Community Health Fund for community events to launch a Small Sparks grant programme (funded by Newcastle City Council) in Spring 2022.

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Doorbells - Dreaming for the Future

To give people the opportunity to think about their housing options in later life, we delivered 8 live performances of ‘Doorbells – Dreaming for the Future’ to 200 people, followed by post-show discussions.

“To say it hit a raw nerve would be an understatement. The performance made me realise that I am not the only one struggling to cope with the issues highlighted in the play and that someone out there recognises the difficulties that many people are faced with.”

Doorbells is a partnership project between Care and Repair England, Skimstone Arts, Northumbria University with funding from Rayne Foundation. We are using the findings from this work to draw up recommendations to present to key decisionmakers and to work with partners to ensure that older people have access to good information and advice.

The Parks Project

Through a consultancy with students from Newcastle University, we tested a variety of methodologies for engaging people in thinking about parks, using Paddy Freeman’s Park as the site for this study. We have shared the findings with the Newcastle Parks Forum and Urban Green.

Age Friendly City

EC continues to provide the secretariat for Newcastle’s Age Friendly City Group and to actively participate in the UK Network of Age Friendly Communities, sharing learning with other partners in the city. We are working with colleagues at Newcastle City Council to ensure age-friendly is part of the Health and Wellbeing Strategy.

Age Proud Network

EC co-ordinates a network of organisations with an interest in working with older people to share learning and develop partnerships. In October 2021 we delivered a full programme of activities to celebrate Older People’s Day at Newcastle City Library.

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Managing the Home Care Circus

EC has used the report and the animation based on our investigation on older people’s experiences of home care to raise awareness of the experiences of older people of accessing home care. We have received very positive feedback on the work:

“It provides very powerful messages about the aspirations and challenges older people face in receiving care at home.” Glenda Cook, Northumbria University

We delivered a training course to members of the North East Social Work Alliance and have used our findings to contribute to shaping the requirements in Newcastle City Council’s Home Care tenders.

Objective 3. To increase older people’s knowledge and understanding of issues that affect them.

----- Start of picture text -----
4 issues of The Echo 26 issues of the ebulletin delivered to
magazine delivered 700+ individuals and organisations
directly to
approximately The average open rate is 50%; the click
1300 people online is 10.5%, that is on a par with
equivalent organisations.
and in hard copy
----- End of picture text -----

600 copies of EC Rider 23 Broadcasts of “Older 2021 distributed, helping Voices” available as podcasts people to use their on LLARC MixCloud discretionary bus pass to https://www.mixcloud.com/L get out and about LARC/stream/

With support from dedicated volunteers in the Tech4Good team at Accenture Newcastle, we have been able to codevelop our new website www.elderscouncil.org.uk. Our Communications team set out to create a fresh look and a new way of telling people about our work.

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We continue to regularly post on Facebook and Twitter to reach a wider audience.

Objective 4. To ensure that the organisation is well managed and complies with current legislation and requirements of the Charity Commission.

The Board regularly reviews policies, procedures and finances to ensure that the organisation is working to the highest standards and that staff and trustees have opportunities to take advantage of training to keep their skills and knowledge up to date.

Financial Report and Reserves Policy

2022 £ 2021 £
Income 76,337 74,124
Expenditure 86,655 46,732
Surplus (Deficit) (10,318) 27,392
Unrestricted Funds 96,329 110,590
No. of weeks working capital in Reserves 60 122

As can be seen, we have had what appears to have been a very poor year, financially, with a small deficit and much reduced reserves at the end of the year.

However, we are not, really, comparing like with like when we look at how things have changed since 2020/21. Firstly, the previous year was severely impacted by the pandemic and, secondly, our Chief Officer, Barbara Douglas, operated with no paid help throughout that earlier year. That, of course, could not be allowed to continue and the decision was taken to employ Clare Levi as our Development Officer. Clare has fitted in very well and is, already, making a valuable contribution on top of alleviating some of the burden that was, previously, shouldered by Barbara, alone. Employing people, however, comes at a cost and our decision recognised that we would need to use some of our reserves to meet that cost.

Funding, of course, remains a source of pressure and, in addition to exercising cost-saving measures wherever possible, we are actively trying to attract grant income to help us, as we seek to add new activities to our portfolio. However, we go into 2022/23 with a strong Balance Sheet and a positive outlook.

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Our Reserves target is to have 6-months of operating costs in hand. At 31 March 2022 we were comfortably ahead of target, but we recognise that the current economic climate coupled with our continued expansion of activities means that there will be further erosion of those reserves in the foreseeable future. The trustees will endeavour to mitigate this erosion, as far as possible, without adversely affecting our programme.

Our Key Priorities for 2022-23

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Reference and Administrative Details of the Charity, its Trustees and Advisors

Charity name The Elders Council of Newcastle Limited

Registered Charity 1122424 Number Company Number 06188907 Registered Office C/o David Kilner, 7 Eldon Square, Newcastle Upon Tyne, NE1 7JG

Trustees

Anne Raffle, Chair Appointed 2018, 2021 Keith Williamson, Treasurer Appointed by the Board of Approved/endorsed AGM 2021 Trustees (BoT) in March 2021 Cal Boal Appointed by the BoT February 2022 to be approved at AGM 2022 Bruce Davenport Appointed 2021 Alan Gowers Appointed 2015,2018, 2021 Mary Nicholls Appointed 2019 Esther Salamon Appointed 2017, 2020 Violet Rook Appointed 2015, 2018, 2021

Independent Examiner David L Kilner FCA 7 Eldon Square, Newcastle Upon Tyne, NE1 7JG Bankers The Co-operative Bank P.O. Box 101, 1 Balloon Street, Manchester, M60 4EP

Structure, Governance and Management

Governing Document

The Elders Council of Newcastle Limited is a charitable company limited by guarantee.

The Elders Council of Newcastle Limited was registered as a charity on 23 January 2008 and incorporated 28 March 2007. The company was established under a Memorandum and Articles of Association which established the objects and powers of the charitable company and is

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governed under its articles of association. In the event of the company being wound up members are required to contribute an amount of £1.00.

Appointment of Trustees

As set out in the Memorandum and Articles of Association the Board shall consist of no more than 12 trustees and no less than 3 Trustees serve for a term of 3 years; they are eligible for re-election for a further term of three years and then a last term of three years. A charity trustee who has served for three consecutive terms may not be re-elected for a fourth consecutive term but may be re-elected after an interval of at least one year.

In the event of any skills being lost through retirement or resignation, suitable individuals are approached to offer themselves for appointment to the Board. All Trustees give their time voluntarily and received no benefits from the charity. No Trustees claimed expenses during the year.

Trustee Induction and Training

New trustees are invited to meet with the Chair and Chief Executive to familiarise themselves with the Charity and the context in which it operates. This covers:

Organisation

The board of trustees has responsibility for the strategic direction and policy of the charity. Frequency of full meetings has been reviewed for effectiveness and will continue to meet on a monthly basis. Trustees have also established subgroups for financial governance and income generation that meet in addition to and report into ordinary meetings.

Risk Management

The Trustees have a risk management strategy that comprises:

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Due to uncertainty in the economic climate and to mitigate significant external risks to funding organisation undertakes an annual strategic review. Each year the organisation produces updated Business and Action Plans which are fully consulted with trustees and staff and reviewed against progress quarterly. They are very much working documents which recognise the need for diversification, development, and expansion of the Charity’s core business. A key element in the management of financial risk is the setting of a Reserves Policy and its regular review by trustees.

Statement of Trustees' Responsibilities

The trustees (who are also the directors of The Elders Council Limited for company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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

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

Approved by the Board on 12 July 2022 and signed on their behalf by:

Anne Raffle (Chair of Trustees)

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2022

I report on the financial statements of The Elders Council of Newcastle Limited for the year ended 31 March 2022, which are set out on pages 14 to 24.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2022

I 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.

David L Kilner FCA Chartered Accountant 7 Eldon Square Newcastle upon Tyne NE1 7JG

Date: 13 July 2022

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)

For the year ended 31 March 2022

6
7
Other trading activities
8
9
Expenditure on:
10
Operation of the charity
Total expenditure
Net income/(expenditure)
Transfers between funds
Net income/(expenditure) and net
movement of funds
Charitable activities
Total income
Donations and legacies
Income from:
Investments
Charitable activities
Grants and statutory funding
Notes
Total funds carried forward
Reconciliation of funds
Total funds brought forward		 Unrestricted
Funds
£
1,741
53,488
2,565
63
57,857
72,118
72,118
( 14,261 )
5,656
( 8,605 )
110,590
101,985		 Restricted
Funds
£
-
18,480
-
-
18,480
14,537
14,537
3,943
( 5,656 )
( 1,713 )
13,510
11,797		 Total
2022
£
1,741
71,968
2,565
63
76,337
86,655
86,655
( 10,318 )
-
( 10,318 )
124,100
113,782		 Total
2021
£
1,551
60,670
11,751
152
74,124
46,732
46,732
27,392
-
27,392
96,708
124,100

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 16 to 24 form an integral part of these accounts.

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Charity Number 1122424 Company Number 6188907

THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

BALANCE SHEET

As at 31 March 2022

Fixed assets
Tangible assets
17
Total fixed assets
Current assets
Debtors
18
Cash at bank and in hand
19
Total current assets
Creditors:amounts falling due within
one year
20
Net current assets
Total assets less current liabilities
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
Restricted income funds
Total funds
Notes		 £
2,115
118,769
120,884
( 8,169 )		 Total
2022
£
1,067
1,067
112,715
113,782
113,782
101,985
11,797
113,782		 £
6,612
117,958
124,570
( 1,171 )		 Total
2021
£
701
701
123,399
124,100
124,100
110,590
13,510
124,100

The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

The notes on pages 16 to 24 form an integral part of these accounts.

These financial statements were approved by the Board on: 12/07/2022

and are signed on its behalf by: Keith Williamson Trustee

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

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 accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The Elders Council of Newcastle Limited meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The financial statements have been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future cash flows. In response to the COVID-19 pandemic, the trustees have revised their forecasts to take into account measures that they can take with the current resources available to mitigate the impact of the current adverse conditions. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability.

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

3.4 Donated goods and services

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.

3.5 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

3.7 Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in donations and legacies.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

3.8 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

3.9 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

All expenditure is accounted for on an accrual baisis. Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

4.6 Pensions

The pension costs charged in the financial statements represent the contribution payable by the charity during the year.

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a reducing balance basis:

Office and computer equipment 25 % Straight Line

5.2 Debtors

Debtors are measured at their recoverable amounts, being the amount the charity anticipates it will receive in settlement of the debt.

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

Analysis of income

6
7
8
9		 Donations and legacies
Charitable activities
Grant income
Other income
Sundry income
Other trading activities
Income from investments
Newcastle City Council
Care and Repair England - Doorbells
Wellbeing in the North of Tyne (Carnegie UK).
Bank interest
Donations
Income from services
Postcode Lottery
Newcastle Community Health Fund
Newcastle University		 Unrestricted
Funds
£
1,741
1,741
51,624
-
-
587
-
-
1,277
53,488
2,565
2,565
Unrestricted
Funds
£
63
63		 Restricted
Funds
£
-
-
6,000
-
9,000
-
1,020
2,460
-
18,480
-
-
Restricted
Funds
£
-
-		 Total
2022
£
1,741
1,741
57,624
-
9,000
587
1,020
2,460
1,277
71,968
2,565
2,565
Total
2022
£
63
63		 Total
2021
£
1,551
1,551
44,000
15,600
1,000
-
-
-
70
60,670
11,751
11,751
Total
2021
£
152
152

Income was £76,337 (2021: £74,124) of which £57,857 was unrestricted or designated (2021: £57,524) and £18,480 was restricted (2021: £16,600)

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

Analysis of expenditure on charitable activities

10 Charitable activities
Direct costs
Training and conferences
AGM & other member support
Booked transport
Newsletter publication
Publishing and printing
Support costs
Staff costs
IT and website costs
Sundries
Professional fees
Depreciation
Governance costs
Newsletter postage & delivery
Home Care Animation
Rent, service charge and telephone
Insurance
Working groups and other events
Programme equipment purchased
Independent examiner's fees for reporting on
the accounts		 Unrestricted
Funds
£
175
1,261
162
3,445
1,806
1,271
130
-
3,960
5,191
47,384
2,037
289
3,785
441
481
300
72,118		 Restricted
Funds
£
-
-
-
-
-
99
6,444
7,944
-
50
-
-
-
-
-
-
-
14,537		 Total
2022
£
175
1,261
162
3,445
1,806
1,370
6,574
7,944
3,960
5,241
47,384
2,037
289
3,785
441
481
300
86,655		 Total
2021
£
50
-
30
3,327
2,303
912
2,730
-
-
3,327
29,721
2,197
167
1,128
-
540
300
46,732

Expenditure on charitable activities was £86,655 (2021: £46,732) of which £72,118 was unrestricted or designated (2021: £43,642) and £14,537 was restricted (2021: £3,090)

11 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts
There were no other fees paid to the examiner (2021: £nil)		 2022
£
300
300		 2021
£
300
300

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THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

12 Analysis of staff costs and the cost of key management personnel

Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)		 2022
£
17,035
1,277
329
18,641		 2021
£
-
-
-
-

No employee received remuneration above £60,000 (2021: nil)

The key management personnel of the charity, comprise the Trustees and the Executive Officer . The total benefits of the key management personnel of the charity were £28,743. (2021: £28,743)

Newcastle City Council pays the Executive Officer’s Salary from a grant, the balance of which is paid to the Charity.

13 Staff numbers

The average monthly head count was 1 staff (2021: 0 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employee's work
Charitable activities		 2022
Number
0.7
0.7		 2021
Number
0.0
0.0

14 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £329 (2021: £0). There was £0 outstanding as at 31 March 2022 (2021: £0).

15 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

16 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

21

THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

17 Tangible fixed assets
£
£
Cost
At 1 April 2020
-
-
Additions
-
-
Disposals
-
-
At 31 March 2021
-
-
Depreciation
Basis
SL
SL
Rate
5%
25%
At 1 April 2020
-
-
Depreciation charge for year
-
-
Disposals
-
-
At 31 March 2021
-
-
Net book value
At 31 March 2020
-
-
At 31 March 2021
-
-
18 Debtors and prepayments (receivable within 1 year)
19
Short term deposits
Cash at bank
20
Creditors and accruals (payable within 1 year)
Trade debtors
Accruals
Trade creditors
Independent examination of accounts
Cash at bank and in hand
Other debtors
Prepayments
Deferred income		 £
-
-
-
-
SL
10%
-
-
-
-
-
-
2022
£
750
1,249
116
2,115
2022
£
50,184
68,585
118,769
2022
£
245
300
7,624
8,169		 Office
Equipment
£
701
807
-
1,508
SL
25%
-
441
-
441
701
1,067
2021
£
4,508
1,988
116
6,612
2021
£
50,122
67,836
117,958
2021
£
871
300
-
1,171		 Total
£
701
807
-
1,508
-
441
-
441
701
1,067

22

THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

21 Deferred income

Deferred income comprises of advance payments from grants that relate to future periods

Balance carried forward
Amount deferred in year
Amount released to income earned from
charitable activities
Balance brought forward		 2022
£
-
-
7,624
7,624

22 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

23 Analysis of charitable funds

Analysis of movements in unrestricted funds

Unrestricted funds
General unrestricted fund
Totals		 Fund
balances
brought
forward
£
110,590
110,590		 Incoming
resources
£
57,857
57,857		 Resources
expended
£
( 72,118 )
(72,118)		 Transfers
£
5,656
5,656		 Fund
balances
carried
forward
£
101,985
101,985

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' of the charity

Analysis of movement in restricted funds

Restricted funds
Postcode Lottery
Care and Repair England -
Doorbells
Newcastle Community Health
Fund
Wellbeing in the North of Tyne
(Carnegie UK)
Newcastle City Council - Small
Grants Programme
Totals		 Fund
balances
brought
forward
£
12,870
640
-
-
-
13,510		 Incoming
resources
£
-
9,000
1,020
2,460
6,000
18,480		 Resources
expended
£
( 7,994 )
( 6,072 )
( 99 )
( 372 )
-
(14,537)		 Transfers
£
-
( 3,568 )
-
( 2,088 )
-
(5,656)		 Fund
balances
carried
forward
£
4,876
-
921
-
6,000
11,797

23

THE ELDERS COUNCIL OF NEWCASTLE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

23 Analysis of charitable funds continued

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

Postcode Lottery

Care and Repair England - Doorbells

Newcastle Community Health Fund Wellbeing in the North of Tyne (Carnegie UK) Newcastle City Council - Small Grants Programme

To provide older people with digital device and tech support to enable them to go on line.

To use performance to engage older people in conversations about where and how they want to live in later life; to document the findings from the conversations and use the information to engage with decisionmakers.

To run community events in West Fenham, Byker and Walker.

To engage with two groups in Newcastle upon Tyne on wellbeing and to prepare a report for North of Tyne/Carnegie.

A small sparks grant pot to be used in West Fenham, Byker and Walker.

Transfers between funds

Between restricted and unrestricted funds.

Reason for transfer Amount £ Care & Repair England - Doorbells and Wellbeing in the 5,656 North of Tyne (Carnegie UK) projects were completed by 31 March. The balance was transferred to retricted funds to cover the contribution to overheads.

24 Capital commitments

As at 31 March 2022, the charity had no capital commitments (2021 -£nil)

25 Analysis of net assets between funds

Analysis of net assets between funds
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)		 Funds
£
1,067
106,972
( 6,054 )
101,985
Unrestricted		 Restricted
Funds
£
-
11,797
-
11,797		 Total
2022
£
1,067
118,769
( 6,054 )
113,782		 Total
2021
£
701
117,958
5,441
124,100

24