TRUSTEES, ANNUAL REPORT APRIL 2023- MARCH 2024 Occupational Cupalon81 Occupational Hythe. Lyminge &Ashford ageuK Comparty reglslrnllon numbgr e589817. Charity raglslratlon number 1125274.
Legal and Administrative Trustees Mrs P Southern- Chalr Mrs J Kennedy- Vlce Chalr Mr A R Hogben-Treasurer Mrs J Dodds- Reslgned 1110123 Mr P Goldlng - Reslgned 111124 MrlBCox Mr M Doble Mr T Fa88- Reslgned 314/24 MrT Dawllngs Mrs A Harrls Mrs L Homewood - Reslgned 814/24 Mr F Hobbs Auditors Burgess Hodgson LLP Camburgh House 27 New Dover Road Canterbury Kent CTI 3DN Solicitors Robson & Co 147 Hl8h Street Hythe l(ent CT215JN Chief Executive Cleo Smlth BEM Main Bankers HSBC Bank PIC 41 Sandgate Road Folkestone Kent Senior Management Team Chr15topher Hou8hton Company Numbe¥ 06589817 CT20 ISA CCLA Investment Management Llmlted 80 Cheapslde London EC2V 6DZ Charlty Number 1125274 Registered Office & Principal Address Sanford House stade Street Hythe Kent Investment Advisors Whltlng Group Ltd 19-21 Alblon Place Maldstone Kent cr216BO ME14 SEG Insurance Brokers Independent Insurance Servlces Church House 136 Sand8ate Rd Folkestone Kent CT20 2BN
Contents A Message from the Chalr Trustees, Report 3-10 Statement of Trustees, Responslbllltfes 11 Report of Independent Audltors 12-16 Statement of Flnanclal Actlvltles 17 Statement of Flnanclal Posltlon 18 Notes to the Cash Flow Statement 19 Notes to the Flnanclal Statements 20-33 Blank Page (The followlng pages do not form part of the Flnanclal Statements) 34 Detalled Statement of Flnanclal Activltles 35-39
Message from the Chair Penny Southern the year progressed, showed a level of commltment to make the new organlsatlon work as a whole. Thls In turn gave contlnulty and strength to enable the servlces dellvered to contlnue wlth Ilttle or no dlsruptlon. Thls was essentlal for the merger to happen successfully and for the organlsatlon to contlnue to 8row and develop. In these challenglng tfmes wlth the uncertalnty of Income, It was the rlght declslon whlch has enabled the three hubs to worktogetherand move forward as one organlsatlon to embrace opportunStles and dlsappolntments as they unfold. A5 you wlll see In the Statement of Flnanclal Acilvliles, we have contlnued to make a loss, thls was not unexpected and our forecasts were telllng us th15 and have been accurate throughout, however, It Is a loss, and we are forecastlng a further loss In thls financlal year. Although we have been able to sustaln thls10sS wlth hlstorlcal flnanclal worl In 2023 we spent tlme worklng through a revlew of our key servlces, the acttvlty, Income and benefit, to take some strateglc declslons to change, Increase Income or stop servlces. Thls was a cruclal plece of work to ensure we relled les5 on our dwlndllng reserves, Investment Income and external fundlng. Work In these areas wlll need to contfnue, We cannot continue wlth these losses, It s Imperatlve we malntaln our seNlces and dellver a future balanced budget. My role as Chalr, on behalf of Ihe group of Trustees, Is to Introduce our Annual Report whlch take5 YOU through the work tle organlsatlon completed from Aprll 2023 to March 2024. Thls reportglves u5 the opportunlty to reflect on the year's work and conslder the work we need to contfnue wlth or change. ThSs wlll be the thlrd message from the Chalr I have wrltten forthe Annual Report, two a5 Chalrof Trustees for Hythe and Lymlnge and, todayi as Chalr of Trustees for Hythe, Lymlnge and A5hford. In 2022123 weworked alongslde our partners In Ashford to complete a project that would See the three It has been a busy year dÈvelopln8 as one or8anlsation communlty hubs come together as one organlsatfon but throughout thls time we have contlnued to stay whlch was launched In Aprll 2023.1 want to take true to our mlsslon statement and contlnue to dellver thls opportunlty to thank the staff volunteers and agalnst our strateglc obJectSves. The Annual Report Trustees of both or8anlsatlons for thelr dedlcation take5 VOU through our servlces, It sets out what we and support to make th15 happen. It enabled the two do, what we have managed to delSver and our areas of or8anlsatlons to merge wlthout any detrlmental Impact development and growth. to the servlces dellvered across the three hubs and, as 01
Message from the Chair Penny Southern Flnally, a huge thank you to all the staff and volunteers across the three communlty hubs who never fall to Impress me wlth all the excellent work they do to dellver much needed and appreclated servlces across the local communltles. ..lj2 02
Trustee's Report An Introduction The Trustees who are directors for the purpose of company law, are pleased to present thelr report together wlth the Flnanclal Statements of the charity for the perlod l Aprll 2023 to 31 March 2024. The Flnanclal Statements comply wlth the Charltles Act Statement of Recommended Practlce appllcable to 2011, the Companles Act 2006, the Memorandum and charltles preparlng thelr accounts In accordance wlth Artlcles of Assoclatlon and Accountfng and Reporting the Flnanclal Reportlng Standard applleable In the by Charltles: UK and Republlc of Ireland IFRS 102)15e¢ond edltlon, effectlve l January 2019}. %7 03
Trustees. Report Structure, Governance & Management Followlng a de¢lslon by the Trustees In May 2008, Board of Trustees new charltèble company• whlch Is Ilmlted by guarantee, Mrs P Southern - Chalr was Incorporated In May 2008 under Company Number Mrs J Kennedy- Vlce Chalr 1125274 and Charlty Number06589817. MrA R Hogben- Treasurer Mrs J Dodds- Reslgned 1110123 Mr P Goldlng - Reslgned 111124 MrlBCox Mrm Doble Mr T Fagg- Reslgned 314124 MrT Dawllngs Mrs A Harrls Mrs L Homewood - Reslgned 814124 MrF Hobbs The mer8er of Age Concern Hythe and Age Concern Elham Rural In 2011, renamed Age Concern Hythe and Lymln8e was followed by anotherslgnlficant merger In 2023, where Age Concern Hythe and Lymlnge lolned forces wlth Age UK Ashford. Post-merger, they now legally operate as Age Concern Hythe, Lymlnge, and Ashford, but are commonly known as Age UK Hythe Lymlnge, and A5hford. Subsequentlvi new Memorandum and Artlcles of Assoclatlon were adopted. The body responslble for the management of the Charlty Is the Board of Trustees. The Trustees are also Dlrectors of the Incorporated entltyp whlch meets at leèst 8 tlmes a year. The Board recelves reports from a formal Flnance Commlttee. Thls commlttee meets at least ten tlmes per year, These commlttees have speclflc Terms of Reference, functlons delegated by the Board, and Chalrs appolnted by the Board. The Senlor Management Team Is represented at the meetlngs of the Board of Trustee5 and the Commlttees. 04
Trustees. Report Structure, Governance & Management The Board conducts a re8ular skllls audlt to ensure Management that the servlng Trustees collecttvely possess all the The Board of Trustees Is responslble for the skllls necessary for the efflclent governance of the overall strate8lc dliectfon and development of the Charlty. Potentlal Trustees are Intervlewed before belng organlsatlon. Declslons on the day to day operatlons nomlnated for electlon at the Annual General Meetfng. and management of the Charlty are taken by the Chlef If the requlred skllls and experlence cannot be met Executlve and Senlor Managers of the organlsatlon among the Trustees, approprlate Indlvlduals can be (the Senlor Management Team). The Board recelves, co-opted onto the Board. The Charlty advertlses for at a mlnlmumi quarterly reports from the Chlef Officer potentlal candldates when Trustee vacancles arlse. on operaUonal matters and on financlal performance. Declslons on matters wlth slgnlflcant Impllcatlons for the organlsatlon are brought to the Board of Trustees, These would Include, but are not Ilmlted to: None of our Trustees recelve remuneration or other beneflt from thelr work wlth the Charlty. Any connectlon between a Trustee orsenlor Mana8èr wlth a related partyi suppller or beneficlary of the Charlty must be dlsclosed to the full Board of Trustees In the same way as any other contractual relatfonshlp wlth a related party. In the current year no such related partv transactlons were reported. • Or8anlsattonal prlorltles All matters of rlsk- In partlcular resource 8nd reputatfonal rlsk Slgnlficant organlsational change Major InStfattves Pollcy formatlon and development. The Trustees have taken Into account the Char5ty Commlsslon's guldance on publlc benefit, The pay of the Senlor Management Team Is revlewed annually. In vlew of the nature of the Charlty• It Is the Intention of the Board ofTrustees to benchmark pay levels to other slmllar slzed local commuDlty charltles to ensure that our pay rotes are competltlve. 05
Trustees, Report Structure, Governance & Management Internal Control The Trustees have overall responslblllty for ensurlng the Charity has approprlate systems of Internal control across the entlre organlsatlon and that the flnanclal statements follow best practlce, They are also responslble for keeplng proper accountfn8 records whlch dlsclose, wlth reasonable accuracy 8t any tlme, Ihe flnanclal posltlon of the Charlty. Rlsk Management The Trustees have In place a rlsk management strategy and rlsk re8lster. Thls process Includes re8ular revlew by the Trustees, Chlef Officer and other senlor members of staff. The process Identffies the types of rlsks the Charlty faces, prlorltlses them In terms of Ilkellhood of occurrence and potentlal Impact and Identtfies the mèans of mStt8atlng them. They are responslble for safe8uardlng the assets of the Charlty and for taklng reasonable steps for the preventlon and detectfon of fraud and other Irre8ularltles. The systems of Internal control are deslgned to provlde reasonable, but not absolute, assurance a8aln5t materlal mls-statement or loss. They Include: Thls work has Identtfled that long-term flnan¢l81 sustalnablllty Is a potentlal rlsk for the Charlty. The focu5 of the next strateglc plan wlll be to develop self- sustalnln8 Income stream5 for our exlsdn8 hlgh-quallty 5ervlces and develop new Inltlatlves and servlces that older people need and want. Attentlon has also been focused on non-financlal rlsks arlsln8 from fire and health and safety at all of our centres. A comprehenslve Flre Rlsk Assessment and fire warden tralnlng has been undertaken tO8ether wSth full bulldln8 and electrlcal surveys to mltlgate agalnst these rlsks. A buslness plan and annual budget approved bythe Trustees. • Re8ular conslderatlon by the Trustees of flnanclal results, varlances from bud8ets and forecasts. Formal adoptton of flnanclal regulatlons: whlch Includes dele8atlon of authorlty and segregation of duties. • Formal adoptlon of a rlsk strate8y and revlew of a rlsk reglster whlch Identlfles and manages Indlvldual Items. 06
Trustees, Report Our Mission For every person in Hythe, Lyminge and Ashford tofeel part of the community and approach later life wlth independence, dignity, and a sense of wellbeing,. andfor Age Ul( Hythe, Lymlnge and Ashford to be recognised as a vital part of the Foll(estone and Hythe District and Borough of Ashford. i_liif':I
Trustees, Report Our Strategic Objectives Charltable Object The object of the Charlty shall be to promote and asslst the general good of all older people In anv mannerwhlch Is nowor hereafterdeemed by law to be charltable, prlmarlly wlthln Hythe, Lymlnge and Ashford. Our Values We are: Caring .provldlng a hlgh-quallty servlce, wlth the needs of the Indlvldual at Its core. Ensurlng servlce users are treated wlth care, respect and dlgnltv. Our Vlslon Reduce lonellness and Improve the health and wellbelng for those Ilvlng In or around Hythe, Lymlnge and Ashford. Trust .provldlng trustworthy, quallty and accesslble servlces usln8 our experlence and knowled8e to empower older people and represent them. Helpln8them access support, Ilve well and make the most of later Ilfe, Our Objectlves • To provlde a hlgh quallty, safè and sustalnable servl¢e, whlch meets the needs of older people across Hythe, Lymlnge and Ashford. • To use our experlence and knowledge to empower older people, represent them and Elve them an Influentlal volce. • To Influence and respond effectlvely to changes In Health and Adult Soclal Care pollcles, To engage wlth older people, thelr famllles and carers so that older people In our town and vlllages can acces support, Ilve well an4 make the m05t oflgter Choice . provldlng cholce to access a range of opportunltles and empower older people to make cholces about thelr Ilves. 15fe, l)
About us Our Services Our servlces focus on soclal opportunlty groups In art, slngln8 and much more. our hubs and communlty whlle provldln8 SUPPOrt at A hot two course lunch, cooked fresh dally, home where needèd. All servlces are bullt around our Refreshments throu8hout the day. Wellness Wheel. Recognlslng there are several aspects Local transport to and from the hubs Is avallable, of Ilfe that can Impact on how we mlght be feellng, we In the year Aprll 2023-March 2024 we provlded 7,200 have developed our servlces to ensure there Is a varlety 50clal opportunlty places. We also provlded 11.520 of optfons avallable to you. wellbelng actlvStles such as art, slnglngi dance groups and much more. Tlme for me Help at home EFO. A membershlp group offerlng dlscounts and prlorlty access to our outln8s and day trlps, From lunches at local restaurants and theatre trlps, to fllm nlghts at the hub. It's a great way to meet new people and try new thln85. In the year Aprll 2023-March 2024 we offered 424 se551ons. These servlces Include: Two tourse hot meal dellvery: Fresh meals dellvered hot and ready to eat, In the year Aprll 2023-March 2024 we dellvered 32,808 hot meal5. Independent Ilvln8 servlce: A5slstlng wlth tasks that mlght h8ve E)ecome more dlfflcult, for example. Ilght houseworki preparln8 you a118ht lunch or support 8ettlng shopplng. In the year Aprll 2023-March 2024 we provlded 5,400 hours of servlce dellvery. Laundry Servlce: We collect and wash laundry, returnlng It the followlng week. Varlous levels of servlce are avallable to 5uIt all need5. In the year Aprll 2023-March 2024 we washed 1,176 loads of laundry. Befrlendlng servlce: Offerlng companlonshlp In Aprll 2023-March 2024, we provlded 614 hours of befrlendlng. Transport: We have a fleet of wheelchalr accesslble Full day sesslons Intlude: vehlcles to asslst wlth transport needs. In the year Aprll A varled programme of acttvltles offered both mornlng 2023-March 2024 we supported 24 Indlvlduals wlth 8nd afternoon, e.g. seated exerclse, new age curllngi transport needs. Full days wlth us 09
About us Our Services 5hopplng and preserlptlon dellveiy: Asslstlng wlth essentlal shopplng and collectlng and dellverln8 prescrlptlons. In the year Aprll 2023-March 2024 we provlded 744 shopplng calls. Dementla & Me Dementia &Me Informatlon & Advlce /A A dlagnosls of dementla can result In mlxed feellngs; rellef for knowlnB the cause of changes to behavlour, or ' •1 anxlety of what ml8ht be comlng next. f •1 We offer a bespoke servlceto asslst and support at each stage of Ilvlng wlth dementla. In the year Aprll 2023-March 2024 we supported over 2,300 Indlvlduals Ilvlng wlth Dementla. Sesslons provlded Include: Age UK has a team ofexpert Informatton and Advlce Malntenance Co8nltlve Stlmulatlon Therapy IMCST}: Officers who are able to help you navl8ate through Ilfe Short se55lons for those recently dla8nosed. changes and ensure adequate support Is recelved. In the yearAprll 2023-March 2024 we dellvered 744 The team can help wlth: MCST sesslons. Maxlmlslngyour Income: Complettng benefit checks to Daybreak: Varlous settln8s are avallable dependent on ensure that you are recelvln8 all you could be entltled need. Local transport to and from the hub Is avallable. to. In the year Aprll 2023-March 2024 we provlded 5,592 Help wlth form flllln8: We know those forms are sesslons for those Ilvln8 wlth dementia. toughl Ourteam are here to support you. Whether wlth Blue Badge appllcatlons, Attendante Allowance or any other form you need supportwlth, we arejust a call away. Communlty equlpment: Don't struggle at home, there Is free asslstlve equlpment avallable that can be put In place where needed. Care and support advlce: A change In health can be a challenge and often needs adaptln8 to. Flnd out what support Is outthere and where to acce551t. In the year Aprll 2023-March 2024 we provlded 1,336 Intervenl(ons. Other Servlces Halrdresslng- 106 appolntments • Chlropody- 2,640 appolntments • Hearlng Ald Cllnlcs- 39 drop-ln sesslons Volunteerlng Our volunteers keep the Charlty movln8. We Ilke to thlnk that we have somethlng for everyone. In the year Aprll 2023-March 2024 volunteers have donated 9,810 hours equadng to £107,910 In wage 5avlng5. We rely heavlly on volunteers to support our or8anlsatlon. We have manyvolunteers role Includln8 befrlenders, drlvers, volunteers supportlng wlth shopplng• actlvltles, In the café kltchen and much more. 10
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Company Limlted by Guarantee Independent Auditor's Roport to the Member8 of Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Year end8d 31 March 2024 Trustoes, responslbllltles statement The Iru8tees, who ere also dlreclors for the purpose8 of company law, aro responslb18 for preparlng the trustees, report and the flnanclal slatemenls In a¢cordence wlth appllcable law and Unlted Klngdom Accounllng Slandards (Unlted Kingdom Generally Accepled Accounllng Practlc8). Company law rgqulres Ihe charity Iruslees lo prepare flnanGlal statements for each year whlch glve true and f8ir vlew of the slate of affalrs of the charltable company 8nd the Incomlng resource8 and appllcalion of resources, Includlng the Income and expendllura, for that perlod. In preparlng the8e flnanclal 8talements, the trustees are requlred to.. select suitable accountlng policles and then apply them conslslentty,, obserye the methods and prlnclple8 In the appllcable Charilles SORP., make Judgments and accounling estlmates that are reasonable and prudent; slate wheth8r appllcable UK Accountlng Standards have been followed, subject to any materlal departures d18closed and explalned In the flnanclal Statements; prepare the financlal slat&menls on the golng concern basls unl888 It Is Snapproprlate to presumè that the charlly wlll conllnue In business. The tTUStees are responslble for keeplng adequate accounllng records that are sufflclent to show and explaln the charlty's Iransa¢tions and dls¢lose wllh reasonable accuracy at any tlme the flnanclal posltlon of the charlty and enable thèm to ensure that the flnanclal stalements comply wlth the Companles Act 2006, They are also responslble for safeguardlng the assels of the charlly and hence for laklng reasonable step5 for the preventlon and detecllon of fraud and other Irregularltles, Audltor Each of Ihe persons who Is a Éwslee at the date of approval of thls r8POrt conflrms thal,. so far 88 they ar8 aware, there Is no relevant audlt Informatlon of whlch the charlty's auditor Is unaware., and they have taken all steps thal they ought to have taken as a Iruslee to make themselves aware of any relevant audll Information and lo eslabllsh that the charlly's auditor Is aware of that Informatlon. The trustees, annual report and the slraleglc report were approvad on on behalf of the board of trustees by: 2,7... ! I.. Z4-.,... and slgned Mrs P Southern Trustee 11
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limited by Guaranteo Independent Auditor's Report to the Member5 of Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Year ended 31 March 2024 Oplnlon We have audlted the financial statements of Age UK Hylhe, Lymlnge and Ashford (formerly known as Age Concern Hythe and Lymlngel (the 'charily'l for the year ended 31 March 2024 whlch comprise the slalement of flnanclal aclivitles {Includlng Income and expendlture account), statement of flnanGlal posllion, statement of cash flows and the related notes, Includlng a surnmary of slgniflcant accounting policies. The financial reporting framework that has been applied In thalr preparallon Is appllcable law and Un5ted Klngdom Accounllng Standards, Including FRS 102 The Financial Reporllng Standard appllcable In the UK and Republic of Ireland (Unlled Klngdom Generally Accepted Accounting Practlce), In our opSnlon the flnanGlal statements: glve a true and falr vlaw of the State of the charlty's affalrs as at 31 March 2024 and of It8 Incomlng resources and applicallon of resources, Including Its Income and expendlture, for the yoar then ended., hav8 been properly prepared In accordance wlth Unlted Klngdom Generally Accepted A¢¢ountlng Pracllce., have been prepgred in accordance wlth the requlremenls of the Companle8 Act 2006. Basts for oplnlon We Conducted our audit In accordance wlth Internatlonal Slandards on Audillng (UK) {ISAs {UK)) and appllcable law. Our responslbllllles under those standards are fuilher descrlbed In the audltovs responsibllllles for the audlt of the financial statements sectlon of our report. We are Sndependenl of the charity in accordance wllh the ethical requirements that are ralevant to our audlt of the financial slalements in the UK, Including the FRC'S Elhlcal Standard, and we have fulfllled our other elhScal responsibilities In accordance with these requirements. Wo bolieve that the audlt evldence we hav8 obtained Is sufficient and appropriate to provide a basls for our opinlon. Concluslons relatlng to golng concern In audlllng the financlal statements, we have concluded thal the trustees, use of the going concern bas15 of accounllng in the preparation of the linan¢lal statements Is appropriate. Based on the work we have performed, we have not identlfled any malerlal uncertainlles relatlng to events or condilions that, indlvldually or collectively, may Cast slgnlftcant doubt on the charity's abllity lo contlnue as a golng concern for a perlod of at least e1ve months from when the financlal slalements are authorised for Sssue. Our responsibllltles and Ihe responslbllllles of the trustees wllh respect to going concern are described In the relevanl sectlons of this report. 12
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limited by Guarantee Independent Auditor's Report to the Members of Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) rconllnu8d) Year ended 31 March 2024 other Information The other information comprlses the Informatlon Included in the annual report, other than the flnancl81 slalemenls and our audllor's report thereon. The Irusle8s are responslble for the other Informallon. Our opinlon on the flnanclal statements does not cover the other Informallon and, except lo the exlenl otherwise expllcllly slated In our report, we do not express any form of assurance concluslon Ihereon. In connection with our audlt of the financial statements, our responsiblllty is to read Ihe other Information and, in doing so. consider whether th8 Other informallon Is malerlally inconsistent with the ftnanclal slalemenls or our knowledge obtalned In the audit or olherwlse appears to be materlally mlsstated, If we Idenllfy such malerlal InGonslslencies or apparent material mlsslatemenls. we are requlred to determine wh81her Iherg Is a materlal mlsslatement in the financlal slalements or a materlal m18slalement of the other Snformalion. If, basad on the work we have performed, we conclude that there is a malerial misslat8m8nl of thls other information, we are requlred to report that fact. We have nothing t¢ report in Ihls regard. Oplnlons on othèr matters prescrlbed by the Companles Act 2006 In our oplnlon, based on the work underlaken In the course of the audit: the Informatlon gtven In the trustees, report for the flnanclal y8ar for whi¢h the financlal statements are prepared Is conslstenl wlth the flnanclal statements; and the trustees, report has been prepared In accordance wllh applicable legal requlrements. Matters on whlch we are required to Yeport by exception In Ihe Ilghl of the knowledge and understanding of the charity and Its environment obtained In the course of the audit, w8 have not Identified materlal miss18tements In the trustees, report. We have nothlng to report in respect of tha following matters in relation to whlch Ihe Companies A¢t 2006 requlres us lo reporl lo you If, In our oplnlon.. adequate accounting records have not been kepi, or returns adequate for our audlt hava not been retseived from branches not vlslled by us., or the flnanclal slalemenls are not In agreement wlth the accountlng records and returns; or ceilaln dlsclosures of trustees, remuneration speclfled by law are not made; or we have not received all the Informallon and explanallons we reqvlre for our audlt. 13
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limited by Guarantee Independent Auditor's Report to the Members of Age UK Hytho, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) f¢tsnflnugd) Year ended 31 March 2024 Responslbllltles of trustees As explalned more fully Sn the Iruslees, responsibilllios slalement, the Iruslees {who are also the dlreclors for the purposes of company law) ara rèsponslbl8 for the preparation of the financlal statement8 and for belng satisfied that they glve a true and falr vlew, and for such Snternal control as the Iiuslees determlne Is nec8sBary to enable the preparation of financlal statements that are free from materlal misstatement, whether due lo fraud or error. In preparing Ihe financlal statements, the trustees ar8 responslble for assesslng the charity's abllity to ¢ontlnue as a golng concern, disclosing, as appllcable, matt8rs related to going concern and using the golng concern basls of 8ccounllng unless the trustees elther inlond to Ilquldate the charlty or to cease operations, or have no realistic alternative but lo do so. Audltor's responslbllitips for the audit of the financlal statements Our objectives are lo oblaln reasonable assurance about whether the fln8nGial statements as a whole are free from material misstalemenl, whether due to fraud or error, and to Issue an audllor's reporl that Includes our oplnlon. Reasonable assurance is 8 hlgh level of a88ur8nce, but Is not a guarantee that an audSt conducted In accordance wilh ISAS (UK) wlll always detect a materlal mlssletement when It exlsts. Misslalemgnts ¢an arlse from fraud or error and are consldered materlal If. Indivldually or In the aggregate, they could reasonably be expected to influence the 8conomSc de¢lslDns of users taken on the basls of these flnanclal stalaments. Irregularllles, Includlng fraud, are Instances of non-compllance with laws and regulations. We deslgn procedures in line with our responsibi15tl8S, Outlined abov8, to detect materlal mlssl8tements In respect of irregularities, Including fraud. The extent lo whlch our procedures are capable of delecling Irregularities, including fraud is delalled below., We Identify and assess the rlsks of material mlsslalement of the flnanclal statements, whether due to fraud or error, and then design and perform audll procedures responsiv8 to those rlsks, Includlng obtainlng audit evidence that Is sufticlent and approprlatg lo provide a basls for our oplnlon. In Identlfylng and ass8sslng rlsks of malerlal mlsstatement In respect of irregularilles, including fraud and non-compliance with laws and regulations, we have consldered; the nature of th6 industry, Control environment and business performance with particular reference lo any remuneratlon or related parly transactions Involvlng trustees. We also ¢onslder the results of our enqulrles of management, relatlng lo thelr own Idenliflcation and assessment of tho risks of irrggularities and posslb18 related fraud. Thls Includes revlewing avallable documentallon on IheSr pollcles and procedures and performlng tests of controls lo evidence their effecllveness. Throughout the audit lesling we are considerlng the Incentlves that may exist wlthin the organisatlon for fraud. Key areas include Ilming of recognlsing Income around the year end, posllng of unusual lournals and the Gorrect use of restricted funds. In common with all audlts under ISAS (UK), w8 are also required to perform specifi¢ procedures lo respond to the risk of management override. W8 ensure we have an understanding of the relevant law8 and regulations and remain alert to posslble non-complSance throughout Ihe audll. De8Plte proper plannlng and audlt work In accordance with audlting standards thera are Inh8r8nt limitations and unavoidable risk that we may not detect some Irregularities and malerlal mlsslalements in the flnanclal slatements. We are not responsible for preventlng non-compllanG8 and cannot be expected to del8cI non-compliance with all laws and rogulatlons. 14
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limited by Guarantee Independent Auditor's Report to the Members of Age UK Hyth8, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) fcoryllnu8d) Year ended 31 March 2024 As part of an audit in accordance with ISAS (UK), we exercise professlonal judgment and maintain prof8S8ional 8c6pliclsm throughout the 8udil. We also,. Identify and assess Ihe risks of material mlsstalem8nt of the linanclal slatemenls, whether due to fraud or error, deslgn and perform audit procedures responsive to those rlsks, and obtaln audlt evldence Ihat Is sufficlent and approprlale to provlde a basis for our oplnlon. The risk of nol detecting a material mlsstatemenl resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, Intentional omlssions, misr6pr88enlalions, or the overrlde of Internal conlrol. Obtain an understanding of internal control relevant to the audit In order to deslgn audit procedures that are approprlale in the circumstances, bul not for the purpose of expresslng an opinlon on the effectlveness of the internal control. Evaluate the approprlateness of accounting policles used and the reasonableness of accountlng 8Stlmates and related dlsolosur85 made by thè Iruslees. Conclude on Ihe appropriateness of the Iruslees, use of the golng concern basls of accounting and, based on the audlt evidence obtained, whether a materlal uncerlalnly exlsls related to events or conditions that may cast slgnlflcant doubl on the charlly's ablllly to conllnue as a going concorn. If we conclude that a malerlal uncertainty exlsls, we ara requlred to draw atleniion in our audltols report lo the related dlsclosures In the flnanclal statements or, If Such dlsclosures are Inadequate, lo modify our oplnlon. Our concluslons are based on the audll evldence oblalned up to the dale of our auditor's reporl. However, future events or condltions may cause the ¢harity lo cease lo contlnue as a golng concern. Evaluate the overall presenlallon, structure and content of the flnanclal slalemenls, Including the disclosures, and whether the financial slalemenls reprasent the underlylng Iransactlon8 and ev8nls In 8 manner that achleves falr presentation. We communlcale wllh those charged wlth governance regardlng, among other matters, the planned scope and timing of the audit and slgnlficanl audlt findlngs, in¢ludlng any slgnlflcanl deficlencles In Internal conlrol that we Identify during our audit. U$p of our report Thls report Is made solely to the charlly's members, as a body, In accordance wlth Chapter 3 of Part 16 of the Companies Act 2006. Our auditwork has been undertaken so that we might slate to the charity's members those mallers we are requlred to stale to them In an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responslblllly lo anyone other than the charity and the Charity's members as a body, for our audlt work, for thls report, or for the oplnions we have formed. Alexander Baker (Senlor Statutory Auditor) For and on behalf of Burgess Hodgson LLP Chartered accountants & slalutoiy audltor Camburgh House 27 New Dover Road Canterbury Kent CT13DN 15
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Company Limited by Guarantee statement of Financlal Actlvltles (including income and expendltura account) Year ended 31 March 2024 2024 R&stri¢ted funds Total funds Total funds 2023 Unreslrlcted funds Note Income and endowmonts Donatlons and legacies Day Care Centre Other Iradlng acllvilles Investment income 369,576 950,052 88,934 15,750 1,424.312 361,756 199,993 731,332 1,160,045 88,934 15,760 1,986,061 205,554 644,126 144,628 14,662 Total Income 561,749 1,008,970 Expondlture Expenditure on ralslng funds.. Costs of other tradlng activjties Investment management GOSts Day Care Centre Total 8xpendlture 42,353 3,838 1,046,772 1,092,963 42,353 3,838 1,889,283 1,735,454 25,694 3,399 1,160.164 1,189,257 642,491 642,491 Net galns on Investments 11 (87,107) (87,107) 176,6051 N9t Incomo1{8xpendlture) 418,458 180,742) 337,714 (103,882) Transfer beiween funds 47,253 (47,253) Net Incomellexpendlture) and net movement In funds 465.709 (127,995) 337,714 (103,6821 Reconclllatlon of funds Total funds brought fotward Total funds carrled fOard 1,503,884 1,969,593 421,896 293,901 1,925,780 2,263,494 2.029,462 1,926,780 The slalement of financlal actlvltl88 Includes all galn8 and losse8 recognlsed In Ihe year. All Income and expenditure derive from conllnulng acllvltles. Tho notès on pagets 19 to 30 form part of the8e flnanclal statemonts. 16
Age UK Hythe, Lymlnge and Ashford (formerly known as Ago Concern Hythe and Lymlnge) Company Llmlted by Guarantae Statament of Flnanclal Posltlon 31 March 2024 2024 2023 Note Flx&d a68et8 Tanglble fixed assets InveslmentB 16 16 385,650 1,309,090 1,694.740 418,381 1,221,g83 1,840,364 Current a880ts Slocks D8btors Cash at bank and In hand 17 18 5,220 210,025 558,180 773,425 2,376 76,045 344,997 423,418 Credltor8: amounts falllng dug wlthln on9 year Net current aB8et8 19 204,671 138,002 568,754 2,263,494 2,263,494 285,416 1,925,780 1,925,780 Total a8set8188s current Ilabllltles Not assot8 Funds of the charlty Restricted funds UnrestrlGted funds 293,901 1,969,593 2,263.494 421,896 1,503,884 1,926,780 Total charlty funds 22 These flnanclal statements were approved by the board of trustees and authorlsed for Issue on 27 11 ..¥.*,., and ar8 slgned on behalf of the board by: Jo Mrs P Southern Trustee Th? not•8 on pag98 19 to 30 form part of th•8• flnanclal 8tatemont•. 17
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limited by Guarantee statement of Cash Flows Year ended 31 March 2024 2024 2023 Cash flows from opgratlng actlvltles Net Incomellexpondilurel 337,714 {103,682) Adjustment8 for.. Depreclatlon of langlble fixed assels Government grant Income Nel galns on inveslmenls Dividends, Interest and rents from Investments Other Interest recelvable and simllar Income Inleresl payable and simllar charges Accrued Income 49,130 46,128 (26,000) (76,605) (14,070) (592) 7,112 {29,300) 187,107) (14,340) (1,410) 10,491 (10,6901 Chang681n.' stocks Trade and other d6blors Trade and other credltors 12,844) (122,701) 66,080 224,323 770 27.141 23.078 (146,020) Cash generated fiom operations Interest pald Interest recelved (10,491) 1,410 215,242 17,112) 592 Net cash froml(used In) operallng acllvllles 1152,540) Cash flows from Investlng actlvltles Dlvidands, interest and rents from investments Purchase of tanglble assets Proceeds from sale of tang5ble assets 14,340 14,070 (16,679) (112,696) 280 Nel cash froml(used In) Investlng activlties {2,059) {98,6261 Cash flows from flnan¢ing a¢tlvitle3 Government grant Income Net cash from financing acllvllles 26,000 28,000 Net Incr8asel(decreas&l In cash and cash equlvalentg Cash and cash equlvalents at beglnnlng of year Cash and ca8h equlvalents at end of year 213,153 344,997 558,180 1225,166) 570,163 344,997 The not88 on pages 19 to 30 form part of thgse flnanclal statements. 18
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Llmited by Guarantee Notes to the Financlal Statements Year ended 31 March 2024 Ac¢ountlng pollcles Basls of preparatlon The financlal slatemanls of the charltable company, whlch Is a publ1¢ beneflt enllty undèr FRS 102, have been prepared In accordance with the Char5tles SORP (FRS 201) 'Accountlng and Reportlng by Charlll8s'. Statement of Recommended Practice appllcable to charities preparlng their accounts In accordance with Ihe Financlal Reporllng Standard appllcable In the UK and Republlc of Ireland (FRS 1021 (effective 1 January 2019),, Flnanclal Reporllng Standard 102 'The Flnanclal Reporllng standard appllcable in In the UK and Republlc of Ireland, and th8 Companles Act 2006. The flnanclal slatemenls have been prepared under the hlslorlcal cost convention. wllh the exception of Investments whlch are Included at market value, as modified by the revaluallon of ¢ertaln assets. Ago Concèrn Hylhe and Lymlnge Is a charltable company in the Unlled Klngdom. In the event of the charity belng wound up, the Ilablllly in respect of the guarantee Is Ilmlled to £1 per member of the charlly. The address of the reglstered oftlce Is Sanford House, Stade Streel, Hythe, Kent, CT21 6BD. The nature of the charlty's op8ratlons and princlpal acllvilles are on pag8 1, Golng concern There are no material unceTlalntl8s about the charily's ablllty to conllnu8, Judgements and key sourc95 of estlmatlon uncertalnty The preparallon of the financlal statements requlres management to make Judgements, estimat6S and assumptions that affect Ihe amounts reported. These 8Stlmates and Judgemènts are onllnually revi8wed and are based on exparience and other factors, includlng expectallons of future events that 8re b8lleved to be reasonable under the clrcumslances. Income tax The Charltyls exempt from corporallon tax on Its charltab16 actlvllles. Fund accDuntlng Unreslrlcted funds can be used In accordance with the charltable oblectlves at the dlsGretlon of the Iruslee8. Restrlcted funds can only be used for partl¢ular restrlcted purpos85 wllhln the objects of the charlly. Reslrl¢tlons arlse when speclfled by the donor or when funds are ralsed for partlcular restrlcted purposes. Further explanatlon of the nature and purpose of each fund Is Included In the notes to the financl81 st8lemenl8. Incomlng resources I Income Is recognised in the Statement of Financlal Acllvllles once ihe charlly has entitlement lo the funds. 11 Is probable that the Income wlll be r8celved and the amount can be measured rellably. 19
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limited by Guarantee Notes to the Financial Statements fconllnu8dJ Year ended 31 March 2024 Accountlng pollcles (conllnuedj Resources expended Llabllltie8 ar6 recognl$ed as expendlture 85 soon as there Is a legal or conslruGtive obllgallon committing the charlty to that 8xpendlture, It is probable that a transfer of economlc benellls wlll be requlred In settlement and the amount of the obligallon can be measured rollably. Expendilure Is accounted for on an accruals basls and has been classlfied under headlngs that aggregate all cost related lo the category. Where costs cannot be dlrectly atlrlbuled lo parllcular headlngs they have been allocated to activities on a basis conslstent with tho use of resources. Allocatlon and apportlonment of costs Support costs are thosg that assists the work of th8 charlly but do not dlreclly undertake charlly acllvllies. Note 10 provides a breakdown of the cosls and how these have b88n allocated, Tanglble assets Tanglble assals are initially recorded at cost, and subsequently slated at cost less any accumulated depreclalion and Impalrment losses. Any tangible assets carried al revalued amounts are recorded at the falr value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulaled Impalrment losses. An Increase In the carrylng amount of an asset as a result of a revaluallon,18 recognlsed In other recognised gains and losses, unless il reverses a charge for impalrment that has pr8viously been recognised as expenditure wilhln the statement of flnanclal acllvilies. A decrease in the cariying amount ol an asset as a result of revaluation, Is recognised in other recognlsed gains and losses, except to whlch It offsets any previous revaluallon galn, In whlch case the loss Is shown wlthln other recognlsed gains and Ioss8s on the slalem8nt of flnanclal acllvltles. Deproclallon Dgpreclalion Is calculated so as to write off the cost or valuatlon of an asset, less Its resldual value, over the useful economic life of that asset as follows,. Freehold property Fixtures and filllngs Motor vehlcles Equipment Straight line over life of lease 20 % reduclng balance 250/0 reducing balance 33 /0 Stralght Ilne Investments Unllsted eqully Investments are inltlally recorded at cost, and subsequently measured at falr value. If falr value cannot be reliably measured, assets are measured at cosl less impalrment. Listed investments are measured at fair value wSlh changes In falr value being recognlsed in Income or expendllure. 20
Age UK Hythe, Lymlnge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Llmlted by Guarantee Notes to the Flnanclal Statomgnts (conllnupdj Year ended 31 March 2024 Accountlng pollclos f¢tsnllnu•dJ Investment property Investment properly16 shown at most recent valuation. Any aggregate 8urplus or deflcll arlslng from changes In falr value Is recognlsed In the Statement of Flnanclal Acllvltles. stock8 stocks are valued el the lower of Cost and net reallsable valu8, after maklng due allowance for obsolete and slow movlng Items. Deflned contrlbutlon plons The charllable company operate8 a deflned contrlbullon penslon scheme. Contrlbutlons payable to the charltable company's penslon scheme are charged lo the Statement of Flnanclal AclivStles In the period to whlch they relate. Donatlon8 and18gaeleB Unreslrloted Funds Restrlcted Total Funds Funds 2024 Donatlon8 Donallons Ashford Transfer 25,482 33B,166 25,482 363,764 25,598 Legaoles Legacles 2,000 2,000 Grant8 Grants Government grant Income 3,928 336,158 340,086 369,576 361,756 731,332 Unrestrlcted Funds Restrlcted Total Funds Funds 2023 Donatlon8 DonalSons Ashford Transfer 25,182 504 25,688 L8ga¢les Legacles Grants Grants Gov8rnmenl gr8nt Income 43,720 18,550 85,452 110,148 9,450 120,102 153,888 26,000 205,554 21
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limited by Guarantee Notes to the Financial Statement8 (condnuod) Year ended 3q March 2024 Day care centre Unrestrlcted RestriGled Total Funds Funds Funds 2024 Meals and refreshment8 He811h and w811 belng Transporl Contributions Independent Ilving Services Conlre activities SEK Wellbelng Funding Natlonal Lollery Funding - Slick In a Bundle Income 540,289 90,286 124,707 157,073 34,197 540,289 90,286 124,707 157,073 34,197 99,993 103,500 99,993 100,000 199,993 3,500 950,052 1,150,045 Unrestrlcted Funds Restrlcted Total Funds Funds 2023 Meals and refreshments Health and well belng Tran8porl contributlons Independent Ilvlng servloes Centre acllvllles SEK Wellbeing Funding Nallonal Lottery Fundlng - Sllck In a Bundle Income 274.400 27,758 26,625 88,304 27,043 99,996 274,400 27,758 26,625 88,304 27,043 99,996 100,000 644,128 100,000 100,000 544,126 other tradlng actlvltles Unrestricted Funds Restricted Total Funds Funds 2024 Fundraislng events Shop Income Other Income Recharged wages Support Income- Other Branche5 18,784 53,953 6,210 18,784 53,953 5,210 10,987 88,934 10,987 88,934 Unreslrlcled Funds Reslricted Toial Funds Funds 2023 Fundraising events Shop Income Other Income Recharged wages Support Income- Other Branches 10,860 50,470 3,353 79,246 346 10,860 50,470 3,706 79,246 346 353 144,276 353 144,628 22
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Llmlted by Guarantee Notes to the Flnanclal Statement8 {conllnu•dJ Year ended 31 March 2024 Investment Income Unreslrlcled Total Fund8 Unreslrlcl8d Total Funds Fund8 2024 Funds 2023 Rents reaelved D8posIt account Interest 14,340 1,410 15,750 14,340 1,410 15,750 14,070 592 14,070 592 14,662 14,862 Costs of other tradlng actlvltle8 Unrestrlcted Total Funds Unr8slrlcted Total Fund5 Fund$ 2024 Funds 2023 Other tradlng actlllvles 42,353 42,353 25,694 25,694 Investment management ¢08ts Unrestrlcted Total Fund6 Unrestrlcted Total Funds FundB 2024 Funds 2023 Managlng agents fe8S Insurance 1,577 2.261 3,838 1,577 2,261 3,838 1,490 1,909 3,399 1,490 1,909 3,399 Expondlture on charltable actlvltle8 by fund type Unreslrlcted Funds Reslrlcled Total Funds Funds 2024 Day Care Centre Support costs 867,341 179,431 1,046,772 642,491 1,509,832 179,431 1,689,263 642,491 Unre8lrlGted Restrlcted Total Funds Funds Funds 2023 Day Car8 Centre Support costs 793,691 150,042 943,733 205,536 10,895 216,431 999,227 160,937 1,160,164 23
Age UK Hythe, Lymlnge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Llmlted by Guarantee Notes to the Flnancial Statements (¢on¢lnued) Year ended 31 March 2024 Expendlture on charltablg gctlvltles by actlvlty type Actlvltles undgrtaken dlrectty Supporl Total funds costs 2024 Total fund 2023 Day Care Centre Governance costs 1,509,832 1,509,832 179,431 1,689,283 999,227 160,937 1,160,164 179,431 179,431 1,509,832 10. Analysls of Support CO8ts Day Care Centre Total 2024 Total 2023 Wages Soclal Securlly Penslons Audllors, remuneration Bank charges Legal & Prcfesslonel fees Acccuntancy & bookkeeplng 97,811 10,987 2,301 13,000 10,491 9,137 46,286 190,013 97,811 10,987 2,301 13,000 10,491 9,137 46,286 190,013 94,945 11,152 2,848 8,200 7,112 24,689 11,991 160,937 11. Not galn8 on Investments Unrestrioted Total Fund8 Unrestrloted Total Funds Fund8 2024 Funds 2023 Galnsl(10ssesl on other Inveslment assets 87,107 87,107 76,605 76,605 12. Net Incomellèxpendlture) Net Incomel(expendllure) Is staled after Gharglngl(cr8dltlng): 2024 2023 Depreclallon of tanglble fixed assets Fees payable for the audit of the financlal statements 49,130 13,000 46,128 8,200 24
Age UK Hythe, Lymlnge and Ashford (formerly known aB Age Concern Hythe and Lymlnge) Company Llmlted by Guarantee Notes to the Flnanclal Statements (¢onllnu•d) Year ended 31 March 2024 13. Staff co8t8 Th8 total staff costs and employee beneflls for the r8porllng period are analysed as follows.. 2024 2023 Wages and salarles Soclal securlty costs Employer contrlbullons to P8nslon plans 922.712 55,930 14,161 992,803 658,993 28,548 11,562 597,093 The average head count ofemployees durlng the yearwas 71 (2023: 47), The averag8 numb8rof full-tlme equlvalent employees during the year is analysed as follow8: 2024 2023 No. No. Managem8nl Support & Demenlla Daybreak Admlnlslrallon Anclllary Hot m881s Independent Ilvlng Kllchen Cleanlng & L8undry Informatlon & Advlce 17 12 11 10 .71 47 No employee re¢elved employee benefits of more than £60,000 durlng the year (2023: NII}. 14. Trust8e romuneratlon and expen8e8 No remuneratlon or other ben8fi.ts from employment wllh the charlty or a related entlly were recelved by the trustee8 Trustee expen8e5 of £191 were pald to Penny Southern In the year (2023: £32). 25
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Company Limited by Guarantee Notes to the Flnanclal Statements (eonllnued) Year ended 31 March 2024 15. Tanglble flxed assets Improveme nts to Flxlures and Property filllngs Motor vehlcles Equlpment Total Cost At 1 Aprll 2023 Additions Dlsposals At 31 March 2024 505,908 151,341 2,801 40,390 13,458 22,303 420 719,942 16,879 {280) 736,341 (2801 505,628 154,142 53,848 22,723 Depreclatlon Al 1 April 2023 Charge for the year At 31 March 2024 130,955 35,072 124.847 5,301 130,148 26,080 6,942 33,022 19,679 1,815 21,494 301,561 49,130 350,691 166,027 Carrylng amount At 31 MarGh 2024 339,601 374,953 23,994 26,494 20,826 14,310 1,229 2,624 385,650 418,381 Al 31 March 2023 18. Investments Inveslment Other prop6rlles investments Total Cost or valuatlon At l April 2023 Additions Fair value movements 350,000 871,983 1.221,983 87,107 969,090 87,107 1,309,090 At 31 March 2024 350,000 lrnpalrment At 1 Aprll 2023 and 31 March 2024 Carrylng amount At 31 March 2024 350,000 350,000 959,090 1,309,090 1,221,983 At 31 March 2023 871,983 All Investments shown above are held al valuatlon. Invostment propertles Investment property is shown al most recent valuation, Any aggregate surplus or deflclt arising from changes In falr value Is recognlsed In the Statement of Flnanclal Aollvlties. 28
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Company Llmlted by Guarantse Notes to the Flnanclal Stat8m8nt8 {¢ontlnu8d) Year ended 31 March 2024 17. Stock8 2024 2023 stock¥ 5,220 2,376 18, Debtor8 2024 2023 Trade debtors Prepayments and eccrued Income Olher debtors 113,479 84,197 12,349 210,025 1,092 66,697 8.258 76,045 19. Credltor8: amount8 falllng duo wlthln on8 year 2024 2023 Trade credltor8 Accruals and deferred Income Soclal seourlty and other laxes other cr8dllor8 67,738 20,880 10,846 106,407 204,671 40,828 20,091 6,510 71,573 138,002 20. Pènslon8 and other post r8tlramgnt beneflts Deflned ¢ontrlbutlon plan8 The amount recogn188d In Income or exp8ndlture as an expense In relatlon lo deflned contrlbutlon plans was £14,161 (2023., £11,552). 21. Governmènt grant8 The amounts reoognlsed In the flnanclal statements for government grants are as follows: 2024 2023 Recognlsed In Income Irom donallons and legacles: Government gran1$ Income 26,000 27
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Llmlted by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2024 22. Analy51s of charltable funds Unrestrlcted funds At Gains and 31 Mar 202 losses At 1 Apr 2023 Income Expenditure Transfers General funds Designated Redundancy Fund 1,469,805 1,424,312 (1,092,963) 47.253 87,107 1,935,514 34,079 1.503,884 1,424,312 (1,092,963) 34,079 47,253 87,107 1,969,593 At Gains and 31 Mar 202 losses At 1 Apr 2022 Income Expendlture Transfers General funds Deslgnated Redundancy Fund 1,574,381 788,515 (972,826) 3,rf30 76,605 1,469,805 34,079 1,608,460 34,079 76,605 1,503,884 788,515 (972,826) 3,130 Restrlcted funds At Galns and 31 Mar 202 losses At 1 Apr 2023 Income Expenditure Transfers Information & Advice Fund Dementia Daybreak Fund Exlension Fund Hythe & Ashford Dementia Coordinator Hythe Post Dlagnostic Dementia Christmas Party Fund 44,565 (44,565) 304,656 (26,086) 278,571 70,243 (70,243) 325 67,449 (67,774) 2,688 {2,688) 28
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Llmlted by Guarantee Notes to the Flnanclal Statements (coniinu•d} Year ended 31 March 2024 22. AnalyBI8 of oharltablo fund8 (¢onllnuetl) UKSPF Cost of Llvlng Fund Warm Space Stick In A Bundle Lollery Wellbelng Fund Me8t Up Warm Up Wellbelng IMAGO Wellbelng SEK MCST pip 4,000 {4,0001 3,733 34,970 (38,7031 85,929 100,000 1185,929) 72,000 160,0021 11.998 62,250 {62,250) 99,993 (99,993) 12,399 (12,399) 38,445 (35,113) 661,749 (642,491) (47,253) 3,332 293,901 421,898 Al Galns and 31 Mar 202 losses At 1 Apr 2022 Income Expendllure Transfers Informatlon & Advlce Fund Dementla Daybreak Fund Exlenslon Fund Hylhe & Ashford Dement18 Coordlnator Hylhe Post Dlagnosllc Demenlla Chrlstmas Parly Fund UKSPF Cost of Llvlng Fund Warm Space Stlck In A Bundle Lottery Wellbelng Fund Me8t Up Warm Up Wellbelng IMAGO Wellbelng SEK MCST pip 35,972 12,110 (3,617) 44,665 3,130 339,711 (3,130) 4,785 (39,840) 304,658 20,234 (20,234) 57,163 (56,838) 325 3,668 3,000 1978) (3,000) 2,688 10,000 6,460 100,447 {6,267) {6,450) 176,707> 3,733 42,189 85,929 2,800 (2,600) 421,002 220,455 (216,431) 13,130) 421,896 29
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Company Llmlted by Guarantee Note8 to the Financial Statements f¢onllnu•d) Year ended 31 March 2024 23. Analys18 of ¢hanges In net debt At At 1 Apr 2023 Cash flows 31 Mar 2024 Cash at bank and In hand 344,997 213,183 658,180 30
Age UK Hythe, Lymlnge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Llmlted by Guarantee Management Informatlon Year ended 31 March 2024 The followlng pages do not form part of the flnanclal statements. 3q
Age UK Hythe, Lymlnge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Company Llmlted by Guarantee Detailed Statement of Flnanclal Actlvlt188 Year ended 31 March 2024 2024 2023 Income and endowments Donatlons and legacles Donatlons Ashford Transfer L8gacl8s Grants Government grant Income 25,482 363,764 2,000 340,088 25,886 153,888 26,000 205,554 731,332 Day Care Centre Meals and refreshm8nts Health and well belng Transport Gontribullon8 Independent Ilvlng servlce8 Centre aclivllles SEK Wellbelng Fundlng Nallonal Lottery Fundlng - Stlck In a Bundle Income 540,289 90,286 124,707 157,073 34,197 99,993 103,500 274,400 27,758 28,625 88,304 27,043 99,996 100,000 644,126 1,150,045 other tradlng a¢tlvlt108 Fundralslng events Shop Incom8 other In¢ome Recharged wages Support Income- Other Bran¢heB 18,784 53,953 5,210 10,860 50,470 3,706 79,246 346 10,987 88,934 144,828 Investment In¢omg Rents recelved Deposlt account Interest 14,340 1,410 15,750 14,070 592 14,662 Total Income 1,986,061 1,008,970 32
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limited by Guarantee Detailed Statement of Flnancial Activities (¢¢ntlnuerlJ Year ended 31 March 2024 2024 2023 Expèndlture Costs of othèr trading actlvltles Openlng stOGk Purchases Closlng stock Fundralslng Expenditure 2,376 42,462 5,220 2,735 42,353 3,148 24,209 2,376 715 25,694 Investment management costs Managing agents fees Insuranc& 1,577 2,261 1,490 1,909 3.399 3,838 Day Care Centre Wages and salarles Employer's NIC Pension costs Rent Rates and water Llght and heat Repairs and malnlenance Motor vehlcle expense8 Legal and professlonal fees Telephone Other office costs Other Interest payable and slmilar charge8 Meals Sundrles Cleanlng and waste disposal TralnSng Independent Ilvlng scheme expenses Hol meal delivery Recrultment and other staff costs Equlpmenl leaslng Bad Debts written off Inveslm8nts lo properly Flxlures and fillings Motor vehlcles Computer equipm8nt Adverllslng and markellng Acllvllies and Enterlalnmenl 922.712 55,930 14,161 34,031 14,578 33,295 31,318 91,679 57,841 28,988 39,302 10,491 36,798 20,548 23,747 5,383 55,655 99,668 4,633 1,227 12,243 35,072 5,301 6,942 1,815 6,180 39.725 556,993 28,648 11,552 32,113 9,081 22,110 55,017 55,379 44,880 12,438 33,353 7,112 31,660 37,754 16,805 4,154 57,495 52,313 2,690 342 1,528 31,488 6,622 4,770 3,248 2,879 37,840 1,180,164 1,689,263 33
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlng8) Company Llmlted by Guarantse Detalled Statam8nt of Flnanclal Actlvltles (eonllnupd) Year ended 31 March 2024 2024 2023 Total gxpendltur8 1,735,454 1,189,257 Net galns on Investments Galnsl(losses) on other Investment assets 187,107) (76,605) Net Incomel(expendlture) 337,714 {103,682) 34
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lymlnge) Company Llmlted by Guarantee Notes to tha Detailed Statement of Flnanclal Actlvltles Year ended 31 March 2024 2024 2023 Cost8 of other tradlng actlvltles other tradlng actltlvlej Openlng stock Purchases CIo8lng Btock Fundral8lng expenditure 2,376 42,462 (5,220) 2,735 3,146 24,209 (2,376) 715 42,353 25,694 Cost8 of other tradlng actlvltle8 42,353 25,694 35
Age UK Hythe, Lyminge and Ashford (formerly known as Age Concern Hythe and Lyminge) Company Limlted by Guarantee Notes to the Detailed Statement of Financial Activities (conllnuedj Year ended 31 niIarch 2024 2024 2023 Day Care Centre Day Care Centre Actlvltles undertaken dlrectly Wag&5 Soclal securlty Pensions Rent Rates and insurance Llght and heat Répalrs and maintenance Minibus and travel expenses Telephone and intern81 charges Postage and stationary Meals Sundrle8 Cloaning and waste dlsposal Tralning Independent living scheme expenses Hot me81 delivery Recrullment and other staff costs Equipment leaslng Bad Debts wrillen off Investments to properly Flxlures and flllings Motor vehlcles Computer equipment Advertlslng and marketing Activltles and Enteilainm8nt 824,901 44,943 11,860 34,031 14,578 33,295 31,318 91,679 28,988 39,302 36,798 20.548 23,747 5,383 55,655 99,668 4,633 1,227 12,243 35,072 6,301 6,942 1,815 6,180 39,725 1,509.832 462,048 17,396 8,704 32,113 9,081 22,110 55,017 55,379 12,438 33.353 31,660 37,754 16,805 4,154 57,495 52,313 2,690 342 1,528 31,488 6,622 4,770 3,248 2,879 37,840 999,227 Governance costs Wages Soclal Securlty Pgnsions Accountancy & bookkeeplng Auditors, remuneratlon Legal & Professional fees Bank charges 97,811 10,987 2,301 27,408 13,000 17,433 10,491 179,431 94,945 11,152 2,848 11,991 8,200 24,689 7,112 160,937 Day Care Centre 1,689,263 1,160,164 36