**REGISTERED COMPANY NUMBER: 06817492 (England and Wales) REGISTERED CHARITY NUMBER: 1128377** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2023** ## **FOR** **AGE UK NORTH YORKSHIRE & DARLINGTON** UHY Calvert Smith Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW **AGE UK NORTH YORKSHIRE & DARLINGTON** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** |||**Page**|| |---|---|---|---| |**Chair of Trustees Review of the Year**||1|| |**Report of the Trustees**|2|to|9| |**Independent Examiner's Report**|10|to|11| |**Statement of Financial Activities**||12|| |**Balance Sheet**|13|to|14| |**Cash Flow Statement**||15|| |**Notes to the Cash Flow Statement**||16|| |**Notes to the Financial Statements**|17|to|29| |**Detailed Statement of Financial Activities**|30|to|31| **AGE UK NORTH YORKSHIRE & DARLINGTON** **CHAIR OF TRUSTEES REVIEW OF THE YEAR FOR THE YEAR ENDED 31 MARCH 2023** Age UK North Yorkshire and Darlington, in common with many other charities, had a difficult year in 2022/23. While services were all open again following the Covid-19 pandemic, the challenges facing older people remained very evident and demand for services was very high. However, the financial impact of the pandemic and the subsequent cost of living crisis which is still hitting communities in the UK, have left our finances in a more precarious position. Public sector organisations and other funders, which charities rely on for contracts and income, have seen their own budgets squeezed. Despite this challenging external environment, the charity continued to maintain our crucial services for older people in the local area, including a highly regarded day care service, our welcoming café, the meals at home service, vital Information and Advice team, and the groups and activities such as befriending that help older people stay connected, living active and healthy lives. During 2022/23 we expanded our home meals delivery service to a wider number of vulnerable older people with the help of the Household Support Fund, managed by Darlington Borough Council. Many more older people were able to access a home-cooked, hot meal brought to their door by our team of staff and volunteers. As Chair I would like to extend an enormous thank you to all our staff and volunteers for their work over the last year. I am very proud of the quality of our services and what our teams achieved to respond to the needs of the most vulnerable older people in our area. Kate Roe Chair of Trustees -1- **AGE UK NORTH YORKSHIRE & DARLINGTON** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** The Charity's principal objectives are: - Preventing and relieving the poverty of older people and advancing life-long education - Preventing or relieving sickness, disease or suffering in older people (whether physical, emotional or mental) - Promoting equality and diversity - Promoting the human rights of older people in accordance with the Universal Declaration of Human Rights - Assisting older people in need by reason of ill-health, disability, financial hardship, social exclusion or other - disadvantage - Such other charitable purposes for the benefit of older people as decided by Trustees consistent with the promotion - of the well-being of older people The Charity has the power to carry out the following activities to achieve its objectives: - To encourage, promote and organise direct services appropriate to the needs of individual or groups of elderly - people, and if thought fit, to make reasonable charges for any services provided - To promote and organise co-operation with other charities, voluntary bodies, statutory authorities and other - organisations to advance benefits to older people including the exchange of information and advice with them - To establish, support, undertake activities with any charitable trust, associations or institutions formed for all or any - of the Charity's Objectives - To establish or acquire subsidiary companies to assist or act as agents for the Charity - To promote and carry out or assist with surveys, investigations and research - To provide food, drink and refreshments as appropriate for persons participating in the activities of the Charity - To join in or to arrange and provide the holding of exhibitions, meetings, lectures, classes and training courses - To publish books, pamphlets, reports, journals, films, videos and other material - To appoint such advisory committees as the Trustee Board may think fit. These activity strands are supported by governance development and improvements to facilities management and management of health and safety. ## **Strategy** Vision: - ' to be the organisation older people trust to help them overcome challenges and love later life' Our strategic objectives were developed with the aim that: - Older people are well informed and enabled - Older people have a voice that's better heard - Older people are more resourceful, skilled and resilient - Older people are socially included and feel valued - Older people are healthier and happier ## **Public Benefit** The trustees are aware of guidance published by the Charity Commission on Public Benefit and the guidance is taken into account when they review the objectives and activities of the charity. The Charity exists for the public benefit by ensuring that its work is focussed on improving the quality of life for all older people within Hambleton, Richmondshire, Harrogate & District and Darlington. In doing so it is committed to acknowledging the diversity of the older population and identifying and addressing their unique needs. We feel our programme of activities and groups meets this need but we are constantly striving to extend and improve. -2- **AGE UK NORTH YORKSHIRE & DARLINGTON** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **ACHIEVEMENT AND PERFORMANCE** ## **Covid19** Despite the end of pandemic measures, the charity continued to feel the financial impact caused by the temporary closure of services and the retrenchment that was required. This included closing offices in North Yorkshire and consequently the charity is considerably smaller than it has been in the past. ## **Volunteering** Volunteers are vital to our ability to provide services to older people and, as ever, we were overwhelmed with the generosity, commitment and enthusiasm our volunteers provided. Around 140 volunteers delivered meals at home, made befriending telephone calls, supported our helpline and Information and Advice team, collected shopping and prescriptions, and worked in the kitchens. ## **Befriending** In partnership with Primary Care Darlington social prescribing team, our befriending service supported over 250 older people over the last year. ## **Information and Advice** This service is free at the point of delivery and has continued to be extremely busy throughout the year. We have provided support over the phone, in our offices and where needed in people's own homes. We delivered sessions to 2,754 clients and handled over 4,700 enquiries, yielding over £2.77 million in additional benefits and financial support for our customers. In a survey we carried out with our I&A clients, 99% of them were 'very satisfied' with our service. ## **Veterans Support** We continued to support Veterans Groups in Darlington and North Yorkshire, and continued to apply for specific funding to deliver projects aimed at supporting veterans in our communities. ## **Day care service** Our day care service supports around a dozen dementia clients every day. Some clients come for individual respite days, some regularly for one or more days per week. As well as physical and cognitive activities, nutritious meals and snacks, we can also offer clients an assisted bath or shower. Both clients and their families find the service very positive and helpful. Just over half of our clients are self-funding with the remainder funded by Darlington Borough Council Social Services. We also receive funding from Darlington Borough Council to provide respite breaks for family carers. ## **Lifestyle 50Plus Trading Company** Lifestyle has operated as a separate trading subsidiary company of Age UK North Yorkshire and Darlington primarily for catering services. However during 22/23, trustees took the decision to wind-up the company and transfer its functions to the main charity as this would be a more efficient and streamlined model of working for a relatively small charity. During 22/23, the catering service was busy, as the pandemic impact diminished. Whilst the kitchen will no longer operate as a separate company, the café and other services such as meals at home, lunch clubs and so on, remain at the heart of our charity. This year we have delivered up to 60 meals a day, 7 days a week to those clients who are at home and struggle to get out into the community. -3- **AGE UK NORTH YORKSHIRE & DARLINGTON** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **FINANCIAL REVIEW** 2022/23 has been another challenging year financially. This is primarily due to the ongoing challenge of providing high quality services at an affordable cost to individuals, families and stakeholders such as local councils. Many of our services have not been able to increase charges to a level that would enable the charity to cover its core costs. Trust and grant applications, and an occasional legacy help to plug this gap but cannot be relied upon. 2022/2023 saw an overall loss of £9,112 (£294,995 loss in 21/22). In order to manage the financial challenges, we continued with the actions that had been set in train in 2021/22 such as: establishing a Turnaround Sub-Committee of the main board which focused on implementing the recommendations made in the options review; reviewing all our income generating streams to ensure maximum efficiencies, specifically the day care and meals at home services; and developing effective local partnerships. We have also brought our finance function and systems back in-house, in order to give us greater visibility, timeliness and clarity about our financial reporting and management information. Principal funding streams this year have been: contracts - predominantly Local Authority and NHS Trusts; funding from grant making bodies including charitable trusts; donations and individuals paying for services such as day care and meals at home. However, a fundamental change in strategy from North Yorkshire County Council has led to the withdrawal of contracts across that area and has meant a reduction in the services we can now offer. ## **Investments** The Board considers that the funds of the Charity need to be retained largely in easily accessible accounts. Therefore, funds not immediately required are held in a variety of interest gaining opportunities within the commercial banking sector. ## **Reserves Policy** The Reserves Policy exists to help the charity: - Properly manage its resources - Plan and report accurately - Match its reserves to its requirements in the short and long term Trustees have set the level of reserves by considering the following: - Cash flow and forecasts - A review of existing funds and reserves - 3 year financial plan - The Charity's Strategic Document including proposed new services and infrastructure - Review of past operational activity and other trends - A review of major risks facing the Charity - Analysis of future needs and consequences if these cannot be met - Level of redundancy payments required in event of closure - Break clauses in rental or supplier contracts The current Policy is to maintain the Charity's reserves at the equivalent to a median of three months operational expenditure in addition to the above. Trustees are aware that the current financial position is below our current policy and are actively monitoring our cashflow position, and making plans to improve the financial position so that the charity can continue to operate. -4- **AGE UK NORTH YORKSHIRE & DARLINGTON** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **Acknowledgement of Support and Partnership** Age UK (National) Age UK County Durham Age UK North Craven Alzheimer's Society Armed Forces Covenant Centre for Better Ageing Citizens Advice Darlington Community First Yorkshire County Durham and Darlington NHS Foundation trust County Durham Community Foundation Darlington Association on Disability Darlington Borough Council Darlington Mind Dementia Forward County Durham and Darlington Police Commissioner Durham Constabulary Eon Hambleton District Council Harrogate and rural District Clinical Commissioning Group Harrogate Borough Council Healthwatch Darlington Kings Church Community Centre Latimer Hinks Solicitors Memorial Hospital Darlington Morrisons Foundation MS Society Darlington and District Rotary Club Darlington Stronger Communities North Yorkshire Tees, Esk and Wear Foundation Trust The Cornmill Retail Centre Two Ridings Community Foundation Volunteers and Good Friends Willow Road Community Centre Also the many other donors, well-wishers, supporters and subscribers whose support is much appreciated. -5- **AGE UK NORTH YORKSHIRE & DARLINGTON** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **PLANS FOR THE FUTURE** As a charity, we find ourselves at a point where the previous impact of the pandemic and the current cost of living crisis, have eaten away at our reserves. 2023/34 is therefore a crucial year for ensuring the charity gets back on a sound financial footing in terms of day to day income. Our work has demonstrated that we can achieve this with the following actions. - Ensuring that our current day care pricing structure enables us to achieve full cost recovery - Expanding our day care service, increasing the number of clients we can support by utilising an under-used space on - the ground floor of Bradbury House - Reviewing the pricing for all food and hospitality services and diversifying the range of food services we offer in the - local community - Finalising the closure of offices in Northallerton and Skipton - Continuing to make high quality funding applications to trusts, grant funders and other organisations - Developing a strategy for increasing corporate donations We will also continue to develop our collaborative partnerships with other charities to find new ways to support people across the very wide and rural parts of North Yorkshire that fall within our remit. We will ensure that our hard working staff team are supported with professional HR processes and gain access to training and development. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing Document** The organisation (an unincorporated charity) was founded on 29th June 1987 and registered as a charity on 9th August 1987. It became a Brand Partner of Age UK on 1st April 2011 and incorporated on 31st March 2012. The current governing document was revised on 9th August 2017 upon the merger of Age UK Darlington with Age UK North Yorkshire. ## **Organisational Structure** The Charity is governed by the Board of Trustees which meets six-weekly. During 22/23 it had one active wholly owned subsidiary company - Lifestyle 50plus Limited - a catering service based at Bradbury House. However the charity is in the process of winding-up the separate company and bringing the services under the main charity. The Charity has appointed a Finance Committee which provides specific close scrutiny on financial issues and reports to the main Trustee Board. This Committee meets six-weekly, a week before each Charity Board meeting. A Turnaround Committee was set up to drive the financial response to the pandemic and the financial weaknesses identified in 2020/21. This met monthly up to November 2022. The Chief Executive Officer has delegated responsibility for the operational running of the organisation on behalf of the Board of Trustees. -6- **AGE UK NORTH YORKSHIRE & DARLINGTON** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **Recruitment and Appointment of Trustees** Trustees are elected for a three year term. There is no current restriction on the number of consecutive terms a Trustee can serve. The appointed Chair is restricted to two three year terms in that post. The Board of Trustees carries out a regular review of the skills and experience required by the Board, and as far as possible, seeks to recruit trustees to ensure a balanced and representation of such skills and experience. Sessions are arranged for new Trustees to understand the wider structure of the Charity, the current range of activities and business and links to the Brand partnership. Training opportunities are identified and offered locally as required. Five new Trustees joined during the year. Trustees receive supporting information from various sources; Charity Commission; Age UK and articles of interest. "The Essential Trustee" is the Commission's guide available to trustees. ## **Safeguarding** Safeguarding is a key responsibility of the organisation, given the customer base and provision of care services. Our safeguarding policies comply with the requirements of Darlington Borough Council and North Yorkshire County Council procedures. The Chief Executive is the designated safeguarding lead for the charity. ## **Risk Management** Trustees examine the strategic, business and operational risks which the charity faces and these are held within the charity risk register. Procedures are in place to ensure compliance with safeguarding, health and safety of staff, clients, volunteers and visitors to the organisation. Trustees undertake regular oversight reviewing the Risk Register. The CEO receives Health and Safety Reports and reports the substance to the Trustees. ## **Quality Assurance** The Charity maintained its Age UK Quality Standard Award and the Age UK's Information and Advice Quality Standard Award. ## **Financial Management** The management of the Charity's financial accounting process is delegated to the CEO and is overseen on behalf of the Trustee board by a Finance Committee. This is chaired by the Treasurer (who is one of the trustees) and members include the Chair, other Trustees, CEO and finance staff. The Committee, which meets six-weekly, receives financial reports which are scrutinised and circulated to the full Board prior to each full Board meeting. The terms of reference allow for additional meetings as required. The Board monitors the financial performance of the Charity by: - Having in place a strategy and annual budget approved by the Trustees - Regular consideration by the Trustees of financial results, variance from budget plus non- financial performance - indicators and reviews - Monitoring of financial risks via the Charity Risk Register - Structured agenda and scheduled Finance Sub Committee meetings. -7- **AGE UK NORTH YORKSHIRE & DARLINGTON** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered Charity name:** Age UK North Yorkshire and Darlington **Charity registration number:** 1128377 **Company Registration number:** 06817492 ## **Principal office and registered office:** Bradbury House Beaumont Street West Darlington DL1 5SX ## **Trustees:** K Roe - Chair J Ellis - Vice Chair R Tankard - Treasurer CN Worts PJ Phillips (resigned December, 2022, retains honoury post) G Cooney (Appointed 22nd August, 2022) K Culverhouse (Appointed 2nd March, 2023) J Anderson (Appointed 7th December, 2022) P Bowker (Appointed 19th January, 2023) Dr Bhogal (Appointed 19th January, 2023) JG Moorley (deceased) NS Palmer (resigned October, 2022 ) CL Wood (resigned February, 2023) B Wilkes (resigned October, 2022) L Hartley (resigned October, 2022 ) ## **Chief Executive Officer:** Helen Hunter ## **Independent examiner:** UHY Calvert Smith LLP Chartered Accountants Heritage House, Murton Way, York YO19 5UW ## **Bankers:** Unity Trust 9 Brindley Place Birmingham B1 2HB ## **Solicitor:** Latimer Hinks 5-8 Priestgate Darlington DL1 1NL -8- **AGE UK NORTH YORKSHIRE & DARLINGTON** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 14 December 2023 and signed on its behalf by: K Roe - Trustee -9- **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE UK NORTH YORKSHIRE & DARLINGTON** ## **Independent examiner's report to the trustees of Age UK North Yorkshire & Darlington ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement - matter of concern** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I have considered the trustees' assessment of the going concern status of the charity, and disclosures provided in these accounts and Report of the Trustees, and have concluded that this is reasonable and appropriate. I understand however that the charity has experienced cash flow challenges in the period since the year end to the approval of these accounts, and that the improvement in the charity's financial position is dependent on the successful implementation of the strategies and actions set out in the 'Plans for the future' on page 6. This indicates that a material uncertainty exists that may cast doubt on the charity's ability to continue as a going concern. I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; and 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. -10- **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE UK NORTH YORKSHIRE & DARLINGTON** Harry Howley UHY Calvert Smith Chartered Accountants Heritage House Murton Way Osbaldwick York YO19 5UW 23 January 2024 -11- **AGE UK NORTH YORKSHIRE & DARLINGTON** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023** **----- Start of picture text -----**
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 3 119,512 9,115 128,627 25,947
Charitable activities 6
Services and support for older people 205,354 250,745 456,099 368,498
Other trading activities 4 2,800 - 2,800 -
Investment income 5 13,101 - 13,101 20,973
Other income 7 - - - 14,831
Total 340,767 259,860 600,627 430,249
EXPENDITURE ON
Raising funds 8 10,268 - 10,268 58,602
Charitable activities 9
Services and support for older people 348,726 250,745 599,471 666,640
Total 358,994 250,745 609,739 725,242
- - -
Net gains/(losses) on investments (2)
NET INCOME/(EXPENDITURE) (18,227) 9,115 (9,112) (294,995)
Transfers between funds 21 9,115 (9,115) - -
Net movement in funds (9,112) - (9,112) (294,995)
RECONCILIATION OF FUNDS
-
Total funds brought forward 455,482 455,482 750,477
TOTAL FUNDS CARRIED FORWARD 446,370 - 446,370 455,482
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The notes form part of these financial statements -12- **AGE UK NORTH YORKSHIRE & DARLINGTON (REGISTERED NUMBER: 06817492)** ## **BALANCE SHEET 31 MARCH 2023** **----- Start of picture text -----**
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 16 391,107 - 391,107 397,063
Investments 17 2 - 2 2
-
391,109 391,109 397,065
CURRENT ASSETS
Debtors 18 38,452 - 38,452 36,253
Cash at bank and in hand 85,692 - 85,692 155,842
-
124,144 124,144 192,095
CREDITORS
Amounts falling due within one year 19 (68,883) - (68,883) (133,678)
NET CURRENT ASSETS 55,261 - 55,261 58,417
TOTAL ASSETS LESS CURRENT LIABILITIES 446,370 - 446,370 455,482
NET ASSETS 446,370 - 446,370 455,482
FUNDS 21
Unrestricted funds 446,370 455,482
TOTAL FUNDS 446,370 455,482
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... -13- **AGE UK NORTH YORKSHIRE & DARLINGTON (REGISTERED NUMBER: 06817492)** ## **BALANCE SHEET - continued 31 MARCH 2023** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 14 December 2023 and were signed on its behalf by: K Roe - Trustee The notes form part of these financial statements -14- **AGE UK NORTH YORKSHIRE & DARLINGTON** ## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023** **----- Start of picture text -----**
2023 2022
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 (61,035) (122,170)
Net cash used in operating activities (61,035) (122,170)
Cash flows from investing activities
-
Purchase of tangible fixed assets (9,115)
Loan to CASEwork - (15,000)
Interest received - 25
Net cash used in investing activities (9,115) (14,975)
Change in cash and cash equivalents in the
reporting period (70,150) (137,145)
Cash and cash equivalents at the beginning
of the reporting period 155,842 292,987
Cash and cash equivalents at the end of the
reporting period 85,692 155,842
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The notes form part of these financial statements -15- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023** **----- Start of picture text -----**
1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
2023 2022
£ £
Net expenditure for the reporting period (as per the Statement of
Financial Activities) (9,112) (294,995)
Adjustments for:
Depreciation charges 15,072 19,745
Losses on investments - 2
Interest received - (25)
(Increase)/decrease in debtors (2,200) 101,415
(Decrease)/increase in creditors (64,795) 51,688
Net cash used in operations (61,035) (122,170)
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.22 Cash flow At 31.3.23
£ £ £
Net cash
Cash at bank and in hand 155,842 (70,150) 85,692
155,842 (70,150) 85,692
Total 155,842 (70,150) 85,692
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The notes form part of these financial statements -16- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ## **1. STATUTORY INFORMATION** The charity is a private company limited by guarantee, incorporated in England & Wales. The registered office of the company is Bradbury House, Beaumont Street West, Darlington, Co Durham, DL1 5SX. ## **2. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. The financial statements are prepared in sterling, which is the functional currency of the company. ## **Going concern basis** The trustees have carried out an assessment of the charity's going concern position. In making this assessment, the trustees have considered the challenges facing the charity in funding its activities in the current economic environment with a reduced levels of reserves, and acknowledge that this could cast doubt over its ability to continue as a going concern. Having considered the financial position and projections of the charity however, the trustees have a reasonable expectation that it has adequate resources to support its ongoing activities for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing the financial statements. Further information on the financial challenges experienced by the charity in the year, and actions taken to address this, are included in the Trustees' report. ## **Judgements and key sources of estimation uncertainty** The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimate and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable in the circumstances. Areas in which judgement has been applied include an assessment of the appropriate level of income to recognise in connection with contracts for the supply of services and similar performance related grants. There are considered to be no assumptions or estimates made in the preparation of the financial statements that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities in the next financial year. ## **Preparation of consolidated financial statements** The financial statements contain information about Age UK North Yorkshire & Darlington as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. continued... -17- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **2. ACCOUNTING POLICIES - continued** ## **Income** Income from charitable activities represents amounts receivable in connection with services delivered by the charity, and includes fees receivable, payments under service contracts and performance related grants. Income from contracts for the supply of services,and similar performance related grants, are recognised over the period of delivery. When donors specify that donations and grants are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Charitable activities** Cost of charitable activities include those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. ## **Allocation and apportionment of costs** Costs are directly allocated to charitable activities where possible. Support costs include central functions and overheads that assist the work of the charity. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. - Long leasehold Over the period of the lease - Improvements to property Over the period of the lease - Plant and machinery 10%-25% on reducing balance - Fixtures and fittings 10%-25% on reducing balance - Computer equipment 10%-25% on reducing balance ## **Investment in group entitities** Investments in the company's subsidiary undertakings are included at cost less impairment losses. The charity is also a guarantor member of CASEwork Services Community Interest Company, a company limited by guarantee and having no share capital. No amount has been recognised in respect of the charity's interest in the company. An initial advance of £15,000 made to CASEwork to provide working capital is included in debtors falling due after more than one year. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. continued... -18- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **2. ACCOUNTING POLICIES - continued** ## **Fund accounting** Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Financial instruments** The charity does not use any financial instruments which are deemed to be non-basic. All financial assets and liabilities of the charity are measured at amortised cost. **3. DONATIONS AND LEGACIES** **4.** **5.** |Donations
Legacies
**OTHER TRADING ACTIVITIES**
Fundraising events
**INVESTMENT INCOME**
Charge to trading subsidiary
Deposit account interest
Interest from subsidiary
Other interest|**2023**
**£**
**19,493**
**109,134**
**128,627**
**2023**
**£**
**2,800**
**2023**
**£**
**12,457**
**-**
**-**
**644**
**13,101**||2022
£
23,447
2,500
25,947
2022
£
-
2022
£
19,911
25
877
160
20,973| |---|---|---|---| continued... -19- **AGE UK NORTH YORKSHIRE & DARLINGTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **6. INCOME FROM CHARITABLE ACTIVITIES** |Activity
Fees for services
Services and support for older people
Other income
Services and support for older people
Grants and service contracts
Services and support for older people|**2023**
**£**
**118,497**
**118**
**337,484**
**456,099**|2022
£
90,663
2,908
274,927
368,498| |---|---|---| Fees for services includes amounts receivable for daycare and home services. Contract and grant income recognised includes £76,739 (2022: £138,485) under the charity's Wellbeing and Prevention contract with North Yorkshire County Council. Total grant income of £260,745 (2022: £136,442) has been recognised as part of income from charitable activities; £250,745 (2022: £106,120) being classified as restricted. These are performance related grants which fund the delivery of specific services or programmes. ## **7. OTHER INCOME** ## **8.** |CJRS grant income
**RAISING FUNDS**
**Other trading activities**
Provision against amounts advanced to subsidiary|**2023**
**£**
**-**
**2023**
**£**
**10,268**|2022
£
14,831
2022
£
58,602| |---|---|---| Full provision has been made against amounts advanced by the charity to its trading subsidiary, Lifestyle 50 Plus, given uncertainty as to its recoverability at the balance sheet date. Details of the financial position and results of the subsidiary for the year are shown below in note 16. continued... -20- **AGE UK NORTH YORKSHIRE & DARLINGTON** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** **----- Start of picture text -----**
9. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 10) note 11) Totals
£ £ £
Services and support for older people 420,391 179,080 599,471
10. DIRECT COSTS OF CHARITABLE ACTIVITIES
2023 2022
£ £
Staff costs 365,295 388,856
Other staff & volunteer costs 14,910 19,362
Other direct costs 40,186 26,461
-
Funds transferred to partner organisations 43,302
420,391 477,981
Funds transferred relate to services delivered by Age UK North Craven.
11. SUPPORT COSTS
Support
costs
£
Services and support for older people 179,080
Support costs, included in the above, are as follows:
2023 2022
Services
and
support
for older Total
people activities
£ £
Premises costs 45,961 51,400
Insurance 8,483 6,830
General office 18,124 15,308
Communications and IT 19,714 22,282
Governance 5,261 4,996
Advertising 6,251 2,444
Consultancy, professional & training 58,633 64,099
Motor expenses - 168
Finance costs 1,581 1,387
Depreciation of tangible and heritage assets 15,072 19,745
179,080 188,659
**----- End of picture text -----**
continued... -21- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **12. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): **----- Start of picture text -----**
|||| |---|---|---| |2023|2022| |£|£| |Depreciation - owned assets|15,071|19,746| |Fees payable for the preparation and independent examination of the| |financial statements|5,160|4,800| **----- End of picture text -----**
## **13. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **14. STAFF COSTS** **----- Start of picture text -----**
|||| |---|---|---| |2023|2022| |£|£| |Wages and salaries|339,763|361,124| |Social security costs|20,593|23,125| |Other pension costs|4,939|4,607| |365,295|388,856| |The average monthly number of employees during the year was as follows:| |2023|2022| |Charity employees|19|20| **----- End of picture text -----**
No employees received emoluments in excess of £60,000. The total remuneration of the key management personnel of the charity, inclusive of pension and employer social security costs, was £107,076 (2022: £80,300). continued... -22- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **15. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
25,947
**Charitable activities**
Services and support for older people
262,378
Investment income
20,973
Other income
14,831
**Total**
324,129
**EXPENDITURE ON**
Raising funds
58,602
**Charitable activities**
Services and support for older people
555,520
**Total**
614,122
Net gains/(losses) on investments
(2)
**NET INCOME/(EXPENDITURE)**
(289,995)
**RECONCILIATION OF FUNDS**
Total funds brought forward
745,477
**TOTAL FUNDS CARRIED FORWARD**
455,482|Restricted
funds
£
-
106,120
-
-
106,120
-
111,120
111,120
-
(5,000)
5,000
-|Total
funds
£
25,947
368,498
20,973
14,831
430,249
58,602
666,640
725,242
(2)
(294,995)
750,477
455,482| |---|---|---| continued... -23- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **16. TANGIBLE FIXED ASSETS** |**COST**
At 1 April 2022
Additions
At 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**COST**
At 1 April 2022
Additions
At 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022|Improvements
Long
to
leasehold
property
£
£
**482,194**
**188,616**
**-**
**-**
**482,194**
**188,616**
**232,699**
**87,459**
**3,857**
**2,338**
**236,556**
**89,797**
**245,638**
**98,819**
249,495
101,157
Fixtures
and
Computer
fittings
equipment
£
£
**61,656**
**26,514**
**9,115**
**-**
**70,771**
**26,514**
**34,038**
**14,566**
**4,371**
**2,893**
**38,409**
**17,459**
**32,362**
**9,055**
27,618
11,948|Plant and
machinery
£
**40,302**
**-**
**40,302**
**33,457**
**1,612**
**35,069**
**5,233**
6,845
Totals
£
**799,282**
**9,115**
**808,397**
**402,219**
**15,071**
**417,290**
**391,107**
397,063| |---|---|---| continued... -24- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **17. FIXED ASSET INVESTMENTS** **----- Start of picture text -----**
||| |---|---| |Shares in| |group| |undertakings| |£| |COST LESS IMPAIRMENT| |At 1 April 2022 and 31 March 2023|2| |NET BOOK VALUE| |At 31 March 2023|2| |At 31 March 2022|2| **----- End of picture text -----**
There were no investment assets outside the UK. The company's investments at the balance sheet date in the share capital of companies include the following: ## **Lifestyle 50Plus Limited** Registered office: Bradbury House, Beaumont Street West, Darlington, Co Durham, DL1 5SX Nature of business: Catering services **----- Start of picture text -----**
|||| |---|---|---| |%| |Class of share:|holding| |Ordinary|100| |31/3/23|31/3/22| |£|£| |Aggregate capital and reserves|(67,521)|(61,230)| |Loss for the year|(6,291)|(39,445)| **----- End of picture text -----**
## **Investment in associated company** Age UK North Yorkshire & Darlington was one of five initial guarantor members of CASEwork Services Community Interest Company('CASEwork'). CASEwork was established in the prior period to provide a shared finance resource for Age UK groups, and as a potential source of future income generation. As a member of CASEwork, the charity has committed to contribute an amount not exceeding £1 in the event of its winding up. ## **18. DEBTORS** **----- Start of picture text -----**
|||| |---|---|---| |2023|2022| |£|£| |Amounts falling due within one year:| |Trade debtors|17,978|14,028| |Prepayments and accrued income|4,670|7,065| |22,648|21,093| **----- End of picture text -----**
continued... -25- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** |**18.**
**DEBTORS - continued**
Amounts falling due after more than one year:
Loan to CASEwork
Aggregate amounts
**19.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income||**2023**
**£**
**15,804**
**38,452**
**2023**
**£**
**15,309**
**6,333**
**4,703**
**42,538**
**68,883**|2022
£
15,160
36,253
2022
£
22,490
3,415
4,292
103,481
133,678| |---|---|---|---| Income from contracts and performance related grants is deferred when received in advance of the delivery of service or programme. Included in other creditors at the reporting date is £37,298 (2022: £52,251) of deferred income, and £Nil (2022: 19,833) of funding received to be repaid. ## **20. LEASING AGREEMENTS** Minimum lease payments under non-cancellable operating leases fall due as follows: |Within one year
Between one and five years|**2023**
**£**
**25,000**
**21,250**
**46,250**|2022
£
25,000
46,250
71,250| |---|---|---| ## **21. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Fixed asset fund
**Restricted funds**
Living Well Initiative
**TOTAL FUNDS**|At 1.4.22
£
**58,419**
**397,063**
**455,482**
**-**
**455,482**|Net
movement
in funds
£
**(18,227)**
**-**
**(18,227)**
**9,115**
**(9,112)**|Transfers
between
funds
£
**15,071**
**(5,956)**
**9,115**
**(9,115)**
**-**|At
31.3.23
£
**55,263**
**391,107**
**446,370**
**-**
**446,370**| |---|---|---|---|---| continued... -26- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **21. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Arqiva
E.ON Warm Homes
Postcode Neighbourhood
Other restricted funding
Cummins Foundation
DBC Household fund
Dementia Support Project
Digital Champions
Maintenance Cognitive Stimulation
Therapy
Smart Energy
TE&WV Resilience Fund
Veterans Foundation
Living Well Initiative
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
Fixed asset fund
**Restricted funds**
Stronger Communities funding
**TOTAL FUNDS**|At 1.4.21
£
328,668
416,809
745,477
5,000
750,477|Incoming
resources
£
**340,767**
**16,667**
**17,927**
**8,333**
**34,159**
**10,199**
**50,000**
**14,880**
**36,000**
**11,655**
**26,825**
**8,750**
**15,350**
**9,115**
**259,860**
**600,627**
Net
movement
in funds
£
(289,995)
-
(289,995)
(5,000)
(294,995)|Resources
Movement
expended
in funds
£
£
**(358,994)**
**(18,227)**
**(16,667)**
**-**
**(17,927)**
**-**
**(8,333)**
**-**
**(34,159)**
**-**
**(10,199)**
**-**
**(50,000)**
**-**
**(14,880)**
**-**
**(36,000)**
**-**
**(11,655)**
**-**
**(26,825)**
**-**
**(8,750)**
**-**
**(15,350)**
**-**
**-**
**9,115**
**(250,745)**
**9,115**
**(609,739)**
**(9,112)**
Transfers
between
At
funds
31.3.22
£
£
19,746
58,419
(19,746)
397,063
-
455,482
-
-
-
455,482| |---|---|---|---| continued... -27- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **21. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Armed Forces Covenant
Arqiva
E.ON Warm Homes
Postcode Neighbourhood
Stronger Communities funding
Other restricted funding
**TOTAL FUNDS**|Incoming
resources
£
324,129
4,650
30,000
36,135
11,667
-
23,668
106,120
430,249|Resources
expended
£
(614,122)
(4,650)
(30,000)
(36,135)
(11,667)
(5,000)
(23,668)
(111,120)
(725,242)|Gains and
Movement
losses
in funds
£
£
(2)
(289,995)
-
-
-
-
-
-
-
-
-
(5,000)
-
-
-
(5,000)
(2)
(294,995)| |---|---|---|---| ## **Description of funds** The designated fixed asset fund has been set up to assist in identifying those funds that are not free funds and represent the net book value of tangible assets purchased from funds designated for that the purpose. The transfer represents the movement in additions and disposals and depreciation charged on fixed assets in the period. Restricted grant funding has been received by the charity to support the delivery of its care and information and advice services. All such income recognised in the period has been fully expended. Ageing Well Initiative funding was received to fund equipment purchases; the transfer shown above reflects the addition and movement to the designated fixed asset fund. ## **22. RELATED PARTY DISCLOSURES** **Lifestyle 50Plus Limited** Lifestyle 50Plus Limited is a wholly owned subsidiary of the charity. The subsidiary has been loss making in this and the prior year, with no profits available to be gifted to the parent charity. Recharges of £12,457 (2022: £19,911) have been made from the charity to Lifestyle50 Plus in respect of shared facilities and overheads. Included in debtors at the balance sheet date is £Nil (2022: £Nil) recognised as due to the charity from Lifestyle 50Plus; provision of £10,268 (2022: £58,602) having been made against the amounts advanced. Lifestyle50 Plus has ceased to trade with effect from 31 March 2023, with its activities taken on by the charity. ## **CASEwork Services Community Interest Company** CASEwork was an associated company of the charity in the year. Rebecca Tankard (trustee of the charity) and Helen Hunter (CEO) were also members of the CASEwork board of directors. continued... -28- **AGE UK NORTH YORKSHIRE & DARLINGTON** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **22. RELATED PARTY DISCLOSURES - continued** £23,218 (2022: £14,415) has been paid to CASEwork Services Community Interest Company (CASEwork) in the year in respect of outsourced financial support services. An initial advance of £15,000 made to CASEwork to provide working capital is included as a debtor falling due after more than one year, with interest at 2% above base rate recognised on the loan. The charity has ended its membership of CASEwork with effect from 1 April 2023. ## **23. COMPANY LIMITED BY GUARANTEE** The company has no share capital. The liability of each member is limited to a sum not exceeding £1. -29- **AGE UK NORTH YORKSHIRE & DARLINGTON** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023** **----- Start of picture text -----**
2023 2022
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 19,493 23,447
Legacies 109,134 2,500
128,627 25,947
Other trading activities
-
Fundraising events 2,800
Investment income
Charge to trading subsidiary 12,457 19,911
Deposit account interest - 25
Interest from subsidiary - 877
Other interest 644 160
13,101 20,973
Charitable activities
Fees for services 118,497 90,663
Other income 118 2,908
Grants and service contracts 337,484 274,927
456,099 368,498
Other income
-
CJRS grant income 14,831
Total incoming resources 600,627 430,249
EXPENDITURE
Other trading activities
Provision against amounts advanced to
subsidiary 10,268 58,602
Charitable activities
Wages and salaries 339,763 361,124
Employer's NI 20,593 23,125
Pension costs 4,939 4,607
Other staff & volunteer costs 14,910 19,362
Other direct costs 40,186 26,461
-
Funds transferred to partner organisations 43,302
420,391 477,981
**----- End of picture text -----**
This page does not form part of the statutory financial statements -30- **AGE UK NORTH YORKSHIRE & DARLINGTON** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023** **----- Start of picture text -----**
2023 2022
£ £
Support costs
Support costs
Premises costs 45,961 51,400
Insurance 8,483 6,830
General office 18,124 15,308
Communications and IT 19,714 22,282
Governance 5,261 4,996
Advertising 6,251 2,444
Consultancy, professional & training 58,633 64,099
Motor expenses - 168
Finance costs 1,581 1,387
Depreciation of tangible and heritage assets 15,072 19,745
179,080 188,659
Total resources expended 609,739 725,242
Net expenditure (9,112) (294,993)
**----- End of picture text -----**
This page does not form part of the statutory financial statements -31-