2023-03-31-accounts - Age UK Hythe, Lyminge and Ashford

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A Message from the Chair	1-2
Trustees' Report	3-10
Statement ofTrustees' Responsibilities
Report ofIndependent Auditors	12-16
Statement of Financial Activities	17
Statement of Financial Position	18
Notes tothe Cash Flow Statement	19
Notes to the Financial Statements	20-33
Blank Page (The following pages do not form part ofthe Financial Statements)	34
Detailed Statement of Financial Activities	35-39

		Ye	ar end	ed 3t llllarch	2023
					2023		2022
				Unrestricted	Restricted
			Note	funds f	funds f	Total funds f	Total funds f
Income and endowments
Donations and legacies			2	85,452	120,102	205,554	590,780
Day Cars Centre			3	544,126	100,000	644,126	548,516
Other trading activities			4	144,275	353	144,628	38,054
Investment income			5	14,662		14,662	11,368
Total Income				788,515	220,455	1,008,970	1,188,718
Expenditure
Expenditure on raising funds:
Costs ofother trading	activities		6	25,894		25,694	7,318
Investmsnt management		costs	7	3,399		3,399	1,518
Day Care Centre			8,9	943,733	216,431	1,160,184	885,939
Total expenditure				972,826	216,431	1,189,257	894,775
Nst gains on Investments			11	(76,605)		(76,605)	(31,814)
Net (expenditure)/income				(107,706)	4,024	(103,682)	325,757
Transfers between funds				3,130	(3,130)
Net movement In funds				(104,576)	894	(103,682)	325,757
Reconciliation offunds
Total funds brought forward				1,608,460	421,002	2,029,462	1,703,705
Total funds carried forward				1,503,884	421,896	1,925,780	2,029,462

		State	ment	ofFinancial P	osition
			31	March 2023
				2023		2022
			Nots	8	8	8	6
Fixed assets
Tangible fixed assets			15		418,381		351,813
Investments			16		1,221,983		1,145,378
					1,640,364		1,497,191
Current assets
Stocks			17	2,376		3,146
Debtors			18	76,045		65,882
Cash at bank and in	hand			344,997		570,163
				423,418		639,191
Creditors: amounts	faIling due
within one year			19	138,002		106,920
Net current assets					285,416		532,271
Total assets less current		liabilities			1,925,780		2,029,462
Net assets					1,925,780		2,029,462
Funds ofthe charity
Restdcted funds					421,896		421,002
Unrestdcted funds					1,503,884		1,608,460
Total charity funds			22		1,925,780		2,029,462

	Year en	ded 31 INarch 2	023
			2023	2022
Cash flows from operating	activities
Net (expenditure)/income			(103,682)	325,757
Adjusfmen/s for:
Depreciation oftangible fixed assets			46,128	43,310
Government grant Income			(26,000)	(8,381)
Net gains on investments			(76,605)	(31,814)
Dividends, Interest and rents	from investments		(14,070)	(11,350)
Other interest receivable snd similar income			(592)	(18)
Interest payabls and similar charges			7 112	6,243
Accrued income			(29,300)	(1,321)
Changes /n:
Stocks			770	235
Trade and other debtors			27,141	2,567
Trade and other creditors			23,078	(37,900)
Cash generated from operations			(146,020)	287,328
Interest paid			(7,112)	(6,243)
Interest received			592	18
Net cash (used In)/from operating activities			(152,540)	281,103
Cash flows from investing	activities
Dividends, interest and rents	from Investments		14,070	11,350
Purchase oftangible assets			(112,696)	(130,175)
Purchases ofother Investments				(300,000)
Net cash used in investing activities			(98,626)	(418,825)
Cash flows from financing	activities
Government grant Income			26,000	8,381
Net cash from financing activities			26,000	8,381
Net decrease In cash and cash equivalents			(225,166)	(129,341)
Cash and cash equivalents	at beginning	ofyear	570,163	699,504
Cash and cash equivalents	at snd ofyear		344,997	570,163

			Unrestricted	Restricted	Total Funds
			Funds f	Funds 8	2023 f
Donations
Donations			25,182	504	25,686
Legacies
Legacies
Grants
Grants			43,720	110,148	153,868
Government	grant	income	16,550	9,450	26,000
			85,452	120,102	205,554
			Unrestdcted	Restricted	Total Funds
			Funds	Funds	2022
			F.	E	8
Donations
Donations			26,489	420	26,909
Legacies
Legacies			150,104		150,104
Grants
Grants			158,886	246,500	405,386
Government	grant	income	8,381		8,381
			343,860	246,920	590,780

Day care centre
		Unrestricted	Restricted	Total Funds
		Funds f	Funds f	2023 f
Meals and refreshmsnts		274,400		274,400
Health and well	being	27,758		27,758
Transport contributions		26,625		26,625
Independent living services		88,304		88,304
Centre activities		27,043		27,043
SEKWellbeing	Funding	99,996		99,996
National Lottery	Funding - Stick in a Bundle Income		100,000	100,000
		544,126	100,000	644,126
		Unrestricted	Restricted	Total Funds
		Funds f	Funds f	2022 f
Meals and refreshments		245,453		245,453
Health and well	being	24,206		24,206
Transport contributions		21,330		21,330
Independent living services		113,554		113,554
Centre activities		8,973		8,973
SEKWellbelng	Funding		135,000	135,000
National Lottery	Funding - Stick in a Bundle Income
		413,516	135,000	548,516

		Unrestricted	Restricted	TotalFunds
		Funds f	Funds f	2023 f
Fundraising	events	10,860		10,860
Shop Income		50,470		50,470
Other Income		3,353	353	3,706
Recharged	wages	79,246		79,246
Support Income - Other Branches		346		346
		144,275	353	144,628
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
			f	f
Fundralslng	events	1,801		1,801
Shop Income		21,987		21,987
Other Income		3,153		3,153
Recharged	wages	11,113		11,113
Support Income - Other Branches
		38,054		38,054

Investment Income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2023	Funds	2022
	F	6	f	6
Rents received	14,070	14,070	11,350	11,350
Deposit account Interest	592	592	18	18
	14,662	14,662	11,368	11,368

Costs ofo	th	er trading ac	tivities
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds 5	2023 6	Funds f	2022 f
Other trading		actitivies	25,694	25,694	7,318	7,318
Investment		management	costs
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds f	2023 f	Funds 6	2022 5
Managing	agents fees		1,490	1,490	1,080	1,080
Insurance			1,909	1,909	438	438
			3,399	3,399	1,518	1,518
Expenditure		on charitable	activities by fund type
				Unrestricted	Restricted	Total Funds
				Funds 6	Funds f	2023 6
Day Care Centre				793,691	205,536	999,227
Support costs				150,042	10,895	160,937
				943,733	216,431	1,160,164
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
				6	6	f
Day Care Centre				578,100	225,010	803,110
Support costs				65,083	17,746	82,829
				643,183	242,756	885,939

Expenditure	on charitable a	ctivities by activity type
		Activities
		undertaken	Support	Total funds	Total fund
		directlyf	costs	2023 8	2022 6
Day Care Centre		999,227		999,227	803,110
Governance	costs		160,937	160,937	82,829
		999,227	160,937	1,160,164	885,939

			Day Care
			Centre 6	Total 2023 f	Total 2022 6
Wages			94,945	94,945	41,983
Social Security			11,152	11,152	7,075
Pensions			2,848	2,848	1,892
Auditors'	remuneration		8,200	8,200	6,420
Bank charges			7,112	7112	6,243
Legal &	Professional fees		24,689	24,689	5,422
Accountancy		&bookkeeping	11,991	11,991	13,794
			160,937	160,937	82,829

Net gains on	Inve	stmen	ts
				Unrestricted	Total	Funds	Unrestricted	Total	Funds
				Funds		2023	Funds		2022
				6
Gains/(losses)	on	other	investment
assets				76,605		78,605	31,814		31,814

Net (expenditu	re)/income	Is stated after charglngf(crediting):
			2023	2022
			6	F
Depreciation	oftangible	fixed assets	46,128	43,310
Fees payable	for the audit ofthe financial statements		8,200	6,420

Staff costs	Yea	r ended 31 March 2	023
The total staff costs and	employee	benefits for the reporting	period are analysed as	follows:
			2023	2022
			6	6
Wages and salaries			556,993	388,239
Social security costs			28,548	21,841
Employer contributions	to pension	plans	11,552	7,921
			597,093	418,001

The average	The average	head count ofemployees	head count ofemployees	head count ofemployees	during	42).The average	number
offull-time equivalent			employees	during	the year is analysed as follows:
						2023	2022
						No.	No.
Management						2	1
Support &Dementia			Daybreak			12	15
Administration						5	4
Ancillary						2	3
Hot meals						11	15
Independent		living				4	3
Kitchen						5
Cleaning &	Laundry					4
Information	&Advice					2
						47

Tangible fixed assets	Year ended	31 March 20	23
	Improveme
	nts to	Fixtures and	Motor
	Property 6	fittings	vehicles f	Equipment f	Total 6
Cost
At 1 April 2022	394,092	151,341	40,390	21,423	607,246
Additions	111,816			880	112,696
At 31 Ililarch 2023	505,908	151,341	40,390	22,303	719,942
Depreciation
At 1 April 2022	99,467	118,225	21,310	16,431	255,433
Charge for the year	31,488	6,622	4,770	3,248	46,128
At 31 March 2023	130,955	124,847	26,080	19,679	301,561
Carrying amount
At 31 March 2023	374,953	26,494	14,310	2,624	418,381
At 31 March 2022	294,625	33,116	19,080	4,992	351,813

Investments
	Investment	Other
	properties	investments	Total
	6	6
Cost orvaluation
At 1 April 2022	260,000	885,378	1,145,378
Additions
Fair value movements	90,000	(13,395)	76,605
At 31 March 2023	350,000	871,983	1,221,983
Impairment
At 1 April 2022 and 31 March 2023
Carrying amount
At 31 March 2023	350,000	871,983	1,221,983
At 31 March 2022	260,000	885,378	1,145,378

17.	Stocks		Year ended 31 March 202	3
				2023	2022
				E	E
	Stocks			2,376	3,146
18.	Debtors
				2023	2022
				E	E
	Trade debtors			1,092	45,677
	Prepaymsnts	and accrued Income		66,697	20,205
	Other debtors			8,256
				76,045	65,882
19.	Creditors; amounts		falling due within one year
				2023	2022
				E	E
	Trade creditors			40,828	30,787
	Accruals and deferred		Income	20,091	12,087
	Social security	and other taxes		5,510	4,019
	Other creditors			71,573	60,027
				138,002	106,920

								At
			At				Galnsand	31 Mar202
		1	Apr 2022 5	Income 6	Expenditure f	Transfers f	losses 6	3
General funds			1,574,381	788,515	(972,826)	3,130	76,605	1,469,805
Designated
Redundancy
Fund			34,079					34,079
		1,608,460		788,515	(972,826)	3,130	76,605	1,503,884
								At
			At				Gains and	31 Mar 202
		1	Apr 2021 6	Income 5	Expenditure 6	Transfers 6	losses 6	2 f
General funds		1,404,521		806,798	(652,019)	(16,733)	31,814	1,574,381
Designated
Redundancy
Fund			34,079					34,079
		1,438,600		806,798	(652,019)	(16,733)	31,814	1,608,460
Restricted	funds
								At
			At				Gains and	31 Mar 202
		1	Apr 2022 2	Income 5	Expenditure 2	Transfers E	losses f	3 8
Christmas	Club
Holiday Fund
Information	&
Advice Fund			35,972	12,110	(3,517)			44,565
Dementia
Daybreak	Fund		3,130			(3,130)
Extension	Fund		339,711	4,785	(39,840)			304,656
Hythe Dementia
Coordinator				20,234	(20,234)
Hythe Post
Diagnostic
Dementia				57,163	(56,838)			325

Christmas	Party
Fund			3,666	(978)			2,688
UKSPF			3,000	(3,000)
Cost of Living
Fund			10,000	(6,267)			3,733
Warm Space			6,450	(6,450)
Social Enterprise
COM
Stick In A	Bundle	42,189	100,447	(76,707)			65,929
Wellbeing	Fund
Meet Up Warm
Up			2,600	(2,600)
		421,002	220,455	(216,431)	(3,130)		421,896
							At
		At				Gains and	31 Mar 202
		1 Apr 2021	Income	Expenditure	Transfers	losses	2
			E	6		6	6
Christmas	Club	218			(218)
Holiday Fund		6,583			(6,583)
Information	&
Advice Fund		35,552	420				35,972
Dementia
Daybreak	Fund	13,118	18,750	(28,738)			3,130
Extension	Fund	209,634	150,000	(19,923)			339,711
Hythe Dementia
Coordinator
Hythe Post
Diagnostic
Dementia
Christmas	Party
Fund
UKSPF
Cost of Living
Fund
Warm Space
Social Enterprise
COM			10,000	(1,218)	(8,782)
Stick In A Bundle			67,750	(25,561)			42,189
Wellbsing	Fund		135,000	(167,316)	32,316
Meet Up Warm
Up
		265,105	381,920	(242,756)	16,733		421,002

24.	Analysis ofnet as	se	ts between funds
				Unrestricted	Restricted	Total Funds
				Funds f	Funds 6	2023 f
	Tangible fixed assets			52,426	365,955	418,381
	Investments			1,221,983		1,221,983
	Current assets			306,616	116,802	423,418
	Creditors less than	1	year	(77,141)	(60,861)	(138,002)
	Net assets			1,503,884	421,896	1,925,780
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
				E	5
	Tangible fixed assets			67,708	284,106	351,814
	Investments			1,145,378		1,145,378
	Current assets			444,881	194,310	639,191
	Creditors less than	1	year	(49,507)	(57,414)	(106,921)
	Net assets			1,608,460	421,002	2,029,462
25.	Analysis ofchanges		In net debt

Analy	sis	of	chan	ge	s In net debt
										At
						At	'I	Apr 2022	Cash flows	31 Mar	2023
									6		6
Cash	at	bank	and	in	hand			570,163	(225,166)	344,997

	Year ended 31 March 2	023
		2023	2022
		6	8
Income and endowments
Donations and	legacies
Donations		25,686	26,909
Legacies			150,104
Grants		153,868	405,386
Government grant Income		26,000	8,381
		205,554	590,780
Day Care Centre
Meals and refreshments		274,400	245,453
Health and well	being	27,758	24,206
Transport contributions		26,625	21,330
Independent living services		88,304	113,554
Centre activities		27,043	8,973
SEKWsllbeing	Funding	99,996	135,000
National Lottery	Funding - Stlcl& In a Bundle Income	100,000
		644,126	548,516
Other trading activities
Fundraising events		10,860	1,801
Shop Income		50,470	21,987
Other Income		3,706	3,153
Recharged wages		79,246	11,113
Support Income	- Other Branches	346
		144,628	38,054
Investment income
Rents received		14,070	11,350
Deposit account	Interest	592	18
		14,662	11,368
Total income		1,008,970	1,188,718

			2023	2022
			8	F
Expenditure
Costs ofother trading	activities
Opening stock			3,146	3,381
Purchases			24,209	6,784
Closing stock			2,376	3,146
Fundraising Expenditure			715	299
			25,694	7,318
Investment management		costs
Managing agents fees			1,490	1,080
Insurance			1,909	438
			3,399	1,518
Day Care Centre
Wages and salaries			556,993	388,239
Employer's NIC			28,548	21,841
Pension costs			11,552	7,921
Rent			32,113	27,388
Rates and water			9,081	7,346
Light and heat			22,110	23,627
Repairs and maintenance			55,017	48,446
Motor vehicle expenses			55,379	43,559
Legal and professional	fees		44,880	25,636
Telephone			12,438	9,553
Other office costs			33,353	23,496
Other interest payable and similar charges			7,112	6,243
Meals			31,680	14,821
Sundries			37,754	18,043
Cleaning and waste disposal			16,805	19,527
Training			4,154	984
independent living scheme		expenses	57,495	79,895
Hot meal delivery			52,313	49,512
Recruitment and other staff		costs	2,690	5,449
Equipment leasing			342	4,515
Bad Debts written off			1,528
investments to property			31,488	24,763
Fixtures and fittings			6,622	8,014
Motor vehicles			4,770	6,360
Computer equipment			3,248	4,173
Advertising and marketing			2,879	4,093
Activities and Entertainmsnt			37,840	12,495
			1,160,164	885,939

		2023	2022
Total expenditure		1,189,257	894,775
Net gains on investments
Gains/(losses) on other investment	assets	(76,605)	(31,814)
Net (expenditure)/income		(103,682)	325,757

		2023f	2022 8
Costs ofother trading	activities
Other trading actltivies
Opening stock		3,146	3,381
Purchases		24,209	6,784
Closing stock		(2,376)	(3,146)
Fundraising expenditure		715	299
		25,694	7,318
Costs ofother trading	activities	25,694	7,318

		2023f	2022 6
Day Care Centre
Day Care Centre
Activities undertaken	directly
Wages		462,048	346,256
Social security		17,396	14,766
Pensions		8,704	6,029
Rent		32113	27,388
Rates and insurance		9,081	7,346
Light and heat		22,110	23,627
Repairs and maintenance		55,017	48,446
Minibus and travel expenses		55,379	43,559
Telephone and internet	charges	12,438	9,553
Postage and stationary		33,353	23,496
Meals		31,660	14,821
Sundries		37,754	18,043
Cleaning and waste disposal		16,805	19,527
Training		4,154	984
Independent living scheme expenses		57,495	79,895
Hot meal delivery		52,313	49,512
Recruitment and other	staff costs	2,690	5,449
Equipment leasing		342	4,515
Bad Debts written off		1,528
investments to property		31,488	24,763
Fixtures and fittings		6,622	8,014
Motor vehicles		4,770	6,360
Computer equipment		3,248	4,173
Advertising and marketing		2,879	4,093
Activities and Entertainment		37,840	12,495
		999,227	803,110
Governance costs
Wages		94,945	41,983
Social Security		11,152	7,075
Pensions		2,848	1,892
Accountancy &bookkeeping		11,991	13,794
Auditors' remuneration		8,200	6,420
Legal &Professional fees		24,689	5,422
Bank charges		7,112	6,243
		160,937	82,829
Day Care Centre		1,160,164	885,939