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 2025
FOR
AGE UK NORTH YORKSHIRE & DARLINGTON
UHY Calvert Smith LLP
Chartered Accountants
Heritage House
Murton Way
Osbaldwick
York
YO19 5UW
AGE UK NORTH YORKSHIRE & DARLINGTON
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
|
Page |
Report of the Trustees |
1 to 9 |
Independent Examiner's Report |
10 |
Statement of Financial Activities |
11 |
Balance Sheet |
12 to 13 |
Cash Flow Statement |
14 |
Notes to the Cash Flow Statement |
15 |
Notes to the Financial Statements |
16 to 27 |
AGE UK NORTH YORKSHIRE & DARLINGTON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31March2025.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic 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.
Theseactivitystrandsaresupportedbygovernancedevelopmentandimprovementstofacilitiesmanagement 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 trusteesareawareof guidancepublishedbytheCharityCommissiononPublicBenefitandtheguidanceis taken
into account when they review the objectives and activities of the charity.
TheCharityexistsforthepublicbenefitbyensuringthatitsworkisfocusedonimprovingthequalityoflifefor all
olderpeoplewithinHambleton,Richmondshire,Harrogate&DistrictandDarlington.Indoingsoitiscommitted to
acknowledgingthediversityoftheolderpopulationandidentifyingandaddressingtheiruniqueneeds.Wefeel our
programme of activities and groups meets this need but we are constantly striving to extend and improve.
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AGE UK NORTH YORKSHIRE & DARLINGTON
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
AgeUKNorthYorkshireandDarlingtonhashadanextremelyeventfulyear.Ourservicescontinuedtobein much
demand,whilethecost-of-livingchallengesforolderpeoplearesignificant,leadingtoAgeUKNorthYorkshire and
Darlingtonneedingto provideextrasupportfor more vulnerableelderlypeoplethroughmeals at home,care services
and our information and advice service.
Our day care staff have continuedto provideclientsand theirfamiliesand carerswith enjoyableand stimulating days
inourdaycarefacilities.Ourcafehasprovidedawelcomingenvironmentforcustomersandthevarious activity
groupswhomeetinourbuilding.Theinformationandadviceteamprovideaspecialistserviceforolder people,
particularly in making sure that they are claiming all the support to which they are entitled.
Noneof thiswouldbe possiblewithoutourvolunteers,andonceagainwe are incrediblygratefulforallthe time and
energytheygive us. I'm alsogratefulto my fellowtrustees,alllocalvolunteersalso,whohavesupportedme and the
charity so well over the last year.
Financiallyourpositionremainschallenging.Theexternalenvironmentforcharityincomeandfundraisingis difficult
andhighlycompetitiveandso we continuetoseek growthanddiversificationinourservicesinordertoimprove our
stabilityandsustainability.Iwouldliketothankallourfunders,donorsandcorporatesupportersfortheir support
duringtheyear.We havebeenveryfortunatetorecentlyreceivesome extremelygenerouslegacyincomewhich has
helpedourpositiongreatly.Weplantousethisgenerositytorebuildourreserves,whichweredepletedduring the
Covid-19 pandemic, and invest in services for the future.
Onceagain,Iwouldliketothankallourstaffandvolunteersfortheirhardworkandcommitmenttodelivering our
vision which is to be the organisation older people trust to help them overcome challenges and love later life.
Time for Change
CEO
Intheyearending31stMarch2025,AgeUKNorthYorkshireandDarlingtonwitnessedseveralimportant changes.
Perhaps, the most significant of these was the appointment of a new CEO.
TheappointmentofthenewCEOcameatanimportanttimefortheCharity.Thepreviousyearhadbeen financially
challenging,anddespitetheopportunitypresentedbysomegenerouslegacydonations,thefuturesuccessof the
charitywasfarfromcertain.Theappointmentof a CEOwiththeexperience,commitmentanddrivetoleadour staff
andvolunteersinthepursuitofastableandsuccessfulorganisationwastheBoard'snumberonepriority.Based on
the results so far, it is clear that the Board met its objective in the appointment of Fay Scullion.
Environment
VisitorstoBradburyHousewillhavenoticedthephysicalimprovements-redecorationofthecafé,reception and
stairway.Newfloorcoverings.Thematerialsweredonatedbylocalbusinessesthelabourprovidedbymembers of
staffandvolunteers(ledbytheSMTwhowerefirsttorolltheirsleevesup).TheKitchenunderwenta full
refurbishment and upgrade with support from HSBC (£22k).
Lessobviouschanges-butequallysignificant-werethereplacementofthewindowsandtheimprovements to
heating and lighting using an Energy Savings grant.
The physicalchanges describedhave made BradburyHouse a more welcomingenvironmentfor visitorsand staff alike.
There is still much to do, but the SMT have plans to both do the work and seek supporting funding.
-2-
AGE UK NORTH YORKSHIRE & DARLINGTON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
Culture
Therehavebeenotherchangestoo-theseareasaconsequenceoftheCEO'sleadershipstyle.Staffand volunteers
areencouragedtomakesuggestionsforimprovementandthenaresupportedinthedeliveryof thesechanges. Staff
andvolunteersareencouragedtoworkmoreflexibly-AgeUKNorthYorkshire&Darlingtonisasmall organisation
withfewstaff-theabilitytoworkacrossroleboundariesand"pivotdown"whennecessaryiskeyto maintaining
service delivery.
Staffrolesandresponsibilitieshavebeenreviewed,andwherenecessary,changedtomeettheneedsof the
organisation.Every member of the team has access to 1-2-1 supportfrom a line managerand has an annual appraisal
to ensure that individuals continue to develop.
Management Capacity
Some thingshaven'tchanged- budgetaryconstraintsmean that we rely on a small team to deliver services - growth is
limitedby a lackof managementcapacityto make change.In responseto this,the Boardsupportedthe appointment
oftwomanagementposts- aFinancemanager(takingback"inhouse"theFinancemanagerrole- fundedusing the
money previouslyspent on externalconsultancy).The secondpost - Income Generationmanager- fundedusing some
of the legacy money. It is hoped that this new management capacity will enable further service growth.
Service Growth
TheCharity'sservicescanbedividedintofourmainareas:Care,Catering,InformationandAdvice(I&A),Groups and
Activities.
In the yearto March2025,Care serviceshave yet to showanygrowthwhencomparedto the previousyear. Catering
servicesare showingsome earlysignsof growth(butless thanbudgetexpectations).I&A deliveredbenefitsto clients
inexcessof£2.5m-unfortunately,thisvaluableserviceisunsupportedbyexternalcommissionersandsorunsat a
significant financial cost to the charity.
Wesupported22activitygroupswithalmost6500attendees.InNorthYorkshire,1270attendeesbenefitted from
groups like "Gentle exercise to music" and Walking Football.
Challenges
Thebiggestchallengefacingthischarityisthefinancialone.Theamountofgrantfundingavailablecontinues to
shrink.Competitionforgrantfundingisontherise.Localcouncilsfacebudgetcutsandthisisreflectedin our
contracts.
Securingthefutureofourservicesislargelydependentongrowingouroffer.Broadeningourserviceoffer requires
managementcapacity- mostofwhichis expendedonrunningthecharityona daytodaybasis.We needgrowth to
enable the funding of new posts (capacity) - we need capacity to develop service growth.
Opportunities
Despite the challenges, the SMT and the Board envisage opportunities for growth.
ExpansionofexistingservicesintoNorthYorkshireisanopportunity-butwillrequireustoraiseourprofilein that
county. This is the reverse of the necessary decision taken when the Charity entered "Turnaround".
The expected developmentof Care services has not materialised,however, there are plans being developedto provide
ancillary care services (e.g. assisted bathing).
TheSMTisplanningtodevelopexternalcateringservicesinthecomingyeare.g.theDarlingtonBorough Council
Meals for Schools programme.
-3-
AGE UK NORTH YORKSHIRE & DARLINGTON
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
The accountsshowan overalldeficitof (£91,552)for2024/25,comparedwitha surplusof £307,559in 2023/24. The
surplus in the prior year year includes legacy income recognised of £280,000.
In order to continueto manage the financialchallenges,we continuedto scrutiniseour financesvery carefully through
ourfinanceandbusinessdevelopmentcommittee.Wecontinuetokeeparangeoflongtermoptionsonthe table,
includingpartnershipworkingandcollaborationwithotherlocalcharitiesorregionalAgeUKs.Webelievethat we
willneedtoconsiderprovidingadditionalornewservicesaswellasreviewingallourincomegeneratingstreams to
ensure maximum efficiency.
Principalfundingstreamsthisyearhavebeen:contracts-predominantlyfromDarlingtonBoroughCouncil; funding
fromgrantmakingbodiesincludingcharitabletrusts;donationsandindividualspayingforservicessuchasday care
andmealsathome.WecontinuetoseektoincreaseourserviceswithinNorthYorkshire,althoughouroptions are
currentlylimitedby what Councilcontractsare available.We hope to engage more closelywith the new unitary North
Yorkshire Council to understand where we can add value.
Investments
The Boardconsidersthat the funds of the Charityneed to be retainedlargelyin easily accessibleaccounts. Therefore,
fundsnotimmediatelyrequiredareheldina varietyof interestgainingopportunitieswithinthecommercial 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
ThecurrentpolicyistomaintaintheCharity'sreservesattheequivalenttoamedianofthreemonths operational
expenditureinadditiontotheabove.Trusteeshavebeenawarethatthefinancialpositionhasbeenbelow our
currentpolicyinrecentyearsandhavebeenactivelymonitoringourcashflowposition,makingplanstoimprove the
financialpositionsothatthecharitycancontinuetooperate.Forthisreason,wewillusesomeoftherecent legacy
incometorebuildourreserveswhichweresignificantlydepletedduringtheCovid-19pandemicand subsequent
financial difficulties.
-4-
AGE UK NORTH YORKSHIRE & DARLINGTON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
Acknowledgement of Support and Partnership
Age UK (National)
Age UK Brand Partners across Yorkshire and the North East
Alzheimer's Society
Armed Forces Covenant
Branksome Hall Community Hub
Centre for Better Ageing
Citizens Advice Darlington
Community First Yorkshire
County Durham and Darlington NHS Foundation Trust
Cummins Global
Point North
Darlington Association on Disability
Darlington Borough Council
Darlington Mind
Dementia Forward
County Durham and Darlington Police Commissioner
Durham Constabulary
Harrogate and Rural District Clinical Commissioning Group
Healthwatch Darlington
Kings Church Community Centre
Latimer Hinks Solicitors
Memorial Hospital Darlington
MS Society Darlington and District
North Yorkshire Council
Rotary Club Darlington
Stronger Communities North Yorkshire
Tees, Esk and Wear Foundation Trust
The Cornmill Retail Centre
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 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
Theorganisation(anunincorporatedcharity)wasfoundedon29thJune1987andregisteredasacharityon 9th
August1987.It became a BrandPartnerof Age UK on 1 April2011 and incorporatedon 31 March2012.The current
governingdocumentwasrevisedon9August2017uponthemergerofAgeUKDarlingtonwithAgeUK North
Yorkshire.
Organisational Structure
The Charity is governed by the Board of Trustees which meets six-weekly.
TheCharityhasappointeda FinanceandBusinessDevelopmentCommitteewhichprovidesspecificclosescrutiny on
financialissuesandreportsto the mainTrusteeBoard.ThisCommitteemeets six-weekly,a week beforeeach Charity
Boardmeeting.The Charityhas also appointeda People and ComplianceCommitteewhich providesclose scrutiny on
risk,quality,safeguarding,HRandgovernanceissues.ThisCommitteemeetssix-weeklyinadvanceofeach Charity
Board meeting.
TheChiefExecutiveOfficerhasdelegatedresponsibilityfortheoperationalrunningoftheorganisationonbehalf of
the Board of Trustees.
Recruitment and Appointment of Trustees
Trusteesareelectedforaninitialtwoyearterm,followedbyathreeyeartermthereafter.Thereisno current
restrictiononthenumberofconsecutivetermsaTrusteecanserve,althoughtheCharityseekstofollowthe best
practiceguidancewhichlimitsthe numberof terms. The appointedChairis restrictedto two years,followedby two 3
year terms as a maximum.
TheBoardofTrusteescarriesoutaregularreviewoftheskillsandexperiencerequiredbytheBoard,andasfar as
possible,seeks to recruitTrusteesto ensurea balancedandrepresentationof suchskillsandexperience.Sessions are
arrangedfornewTrusteestounderstandthewiderstructureoftheCharity,thecurrentrangeofactivities and
businessand links to the Brandpartnership.Trainingopportunitiesare identifiedand offeredlocallyas required. Two
new Trustees joined during the year.
Trusteesreceivesupportinginformationfromvarioussources;CharityCommission;AgeUKandarticlesof interest.
"The Essential Trustee" is the Commission's guide available to trustees.
Safeguarding
Safeguardingisakeyresponsibilityoftheorganisation,giventhecustomerbaseandprovisionofcareservices. Our
safeguardingpoliciescomplywiththerequirementsofDarlingtonBoroughCouncilandNorthYorkshire Council
procedures.TheHeadofOperationhasbeenthedesignatedsafeguardingleadin2025alongwiththeViceChair of
the Board as lead for Trustees.
Risk Management
Trusteesexaminethestrategic,businessandoperationalriskswhichthecharityfacesandtheseareheldwithin the
charityriskregister.Proceduresareinplacetoensurecompliancewithsafeguarding,healthandsafetyof staff,
clients,volunteersandvisitorstotheorganisation.TrusteesundertakeregularoversightreviewingtheRisk Register.
The CEO receives Health and Safety Reports and reports the substance to the Trustees.
Quality Assurance
The Charitymaintainedits Age UK QualityStandardAwardand the Age UK's Informationand AdviceQuality Standard
Award.
-6-
AGE UK NORTH YORKSHIRE & DARLINGTON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
Financial Management
The managementof the Charity'sfinancialaccountingprocess is delegatedto the CEO and is overseen on behalf of the
TrusteeboardbyaFinanceCommittee.ThecommitteehasmemberswhichincludetheViceChair,other Trustees,
CEOandfinancestaff.TheCommittee,whichmeetssix-weekly,receivesfinancialreportswhicharescrutinised and
circulatedtothefullBoardpriortoeachfullBoardmeeting.Thetermsofreferenceallowforadditionalmeetings 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.
Acknowledgements
On behalf of the Board, I would like to thank our staff and volunteers for their commitment and continued hard work.
The Board is grateful to the funders, donors and corporate supporters for their generous contributions this year.
Last - but not least - my personalthanksto fellow Trustees for their support,time, skills and experienceduringthe last
twelve (challenging) months.
-7-
AGE UK NORTH YORKSHIRE & DARLINGTON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
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 serving in the year:
G Cooney - Chair
J Ellis - Vice Chair
A Conley - Treasurer (resigned 24 October 2024)
R Tankard - Treasurer (from 12 December 2024)
K Roe
K Culverhouse
J Anderson
Dr B Bhogal
J White (from 12 December 2024)
Trustees appointed after the year-end date:
J Watson (from 25 April 2025)
Chief Executive Officer:
Kevin Cooper (interim CEO to October 2024)
Fay Scullion (from October 2024)
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 2025
This reporthas been preparedin accordancewith the specialprovisionsof Part 15 of the CompaniesAct 2006 relating
to small companies.
Approved by order of the board of trustees on 15 January 2026 and signed on its behalf by:
G Cooney - 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 2025.
Responsibilities and basis of report
As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as
carriedoutunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have
followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since yourcharity'sgross incomeexceeded£250,000yourexaminermust be a member of a listedbody.I can confirm
thatI am qualifiedto undertakethe examinationbecauseI am a member of the Instituteof CharteredAccountants in
England and Wales, which is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:
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; or
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)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Harry Howley MAAT FCA
The Institute of Chartered Accountants in England and Wales
UHY Calvert Smith LLP
Chartered Accountants
Heritage House
Murton Way
Osbaldwick
York
YO19 5UW
19 January 2026
-10-
AGE UK NORTH YORKSHIRE & DARLINGTON
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
157,831
Charitable activities
6
Services and support for older people
293,834
Other trading activities
4
23,817
Investment income
5
1,562
Other income
7
1,045
Total
478,089
EXPENDITURE ON
Raising funds
8
12,200
Charitable activities
9
Services and support for older people
597,877
Total
610,077
NET INCOME/(EXPENDITURE)
(131,988)
Transfers between funds
20
45,527
Net movement in funds
(86,461)
RECONCILIATION OF FUNDS
Total funds brought forward
733,329
TOTAL FUNDS CARRIED FORWARD
646,868 |
Restricted
funds
£
61,665
54,190
-
-
-
115,855
-
75,419
75,419
40,436
(45,527)
(5,091)
20,600
15,509 |
2025
Total
funds
£
219,496
348,024
23,817
1,562
1,045
593,944
12,200
673,296
685,496
(91,552)
-
(91,552)
753,929
662,377 |
2024
Total
funds
£
349,185
494,826
32,908
906
13,546
891,371
(1,311)
585,123
583,812
307,559
-
307,559
446,370
753,929 |
|
|
|
|
The notes form part of these financial statements
-11-
AGE UK NORTH YORKSHIRE & DARLINGTON (REGISTERED NUMBER: 06817492)
BALANCE SHEET 31 MARCH 2025
Notes
FIXED ASSETS
Tangible assets
15
CURRENT ASSETS
Stocks
16
Debtors
17
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
18
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
20
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Unrestricted
funds
£
404,287
1,026
149,822
159,966
310,814
(68,233)
242,581
646,868
646,868 |
Restricted
funds
£
-
-
-
25,509
25,509
(10,000)
15,509
15,509
15,509 |
2025
Total
funds
£
404,287
1,026
149,822
185,475
336,323
(78,233)
258,090
662,377
662,377
646,868
15,509
662,377 |
2024
Total
funds
£
384,912
2,105
337,442
74,557
414,104
(45,087)
369,017
753,929
753,929
733,329
20,600
753,929 |
|
|
|
|
|
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 31 March 2025.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 March 2025 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...
-12-
AGE UK NORTH YORKSHIRE & DARLINGTON (REGISTERED NUMBER: 06817492)
BALANCE SHEET - continued
31 MARCH 2025
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon15January2026 and
were signed on its behalf by:
G Cooney - Trustee
The notes form part of these financial statements
-13-
AGE UK NORTH YORKSHIRE & DARLINGTON
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Advances and repayments from subsidiary
Loan to CASEwork - capital repaid
Interest received
Net cash (used in)/provided by investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of
the reporting period |
2025
£
166,669
166,669
(56,086)
-
-
335
(55,751)
110,918
74,557
185,475 |
2024
£
(29,858)
(29,858)
-
5,317
12,500
906
18,723
(11,135)
85,692
74,557 |
|
|
|
The notes form part of these financial statements
-14-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025
1. |
RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW |
FROM OPERATING ACTIVITIES |
FROM OPERATING ACTIVITIES |
|
|
2025 |
2024 |
|
|
£ |
£ |
|
Net (expenditure)/income for the reporting period (as per the |
|
|
|
Statement of Financial Activities) |
(91,552) |
307,559 |
|
Adjustments for: |
|
|
|
Depreciation charges |
21,972 |
13,813 |
|
Loss on disposal of fixed assets |
14,739 |
- |
|
Interest received |
(335) |
(906) |
|
Cash and fixed assets from subsidiary |
- |
(12,935) |
|
Movement on accrued legacy income |
172,948 |
(280,000) |
|
Investment in subsidiary written off |
- |
2 |
|
Decrease/(increase) in stocks |
1,079 |
(2,105) |
|
Decrease/(increase) in debtors |
14,672 |
(31,490) |
|
Increase/(decrease) in creditors |
33,146 |
(23,796) |
|
Net cash provided by/(used in) operations |
166,669 |
(29,858) |
2. ANALYSIS OF CHANGES IN NET FUNDS
|
At 1.4.24 |
Cash flow |
At 31.3.25 |
|
£ |
£ |
£ |
Net cash |
|
|
|
Cash at bank and in hand |
74,557 |
110,918 |
185,475 |
|
74,557 |
110,918 |
185,475 |
Total |
74,557 |
110,918 |
185,475 |
3. MAJOR NON-CASH TRANSACTIONS
The charity'stradingsubsidiary,Lifestyle50PlusLimited,ceased to tradewith effect from 31 March2024, with
its activitiessubsequentlytaken on by the charity.Adjustmentwas made in the prior year reconciliationto net
cash flow from operating activities above for fixed assets and cash transferred from the subsidiary.
The notes form part of these financial statements
-15-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. STATUTORY INFORMATION
The charityis a privatecompanylimitedby guarantee,incorporatedin 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 financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
CompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention, 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
Thetrusteeshavecarriedoutanassessmentofthecharity'sgoingconcernposition.Havingconsidered the
financialpositionandprojectionsofthecharitythetrusteeshaveareasonableexpectationthatit has
adequateresourcesto supportits ongoingactivitiesfor the foreseeablefuture.The charitytherefore continues
to adopt the going concern basis in preparing the financial statements.
Furtherinformationonthefinancialchallengesexperiencedbythecharityintheyear,andactionstaken to
address this, are included in the Trustees' report.
Judgements and key sources of estimation uncertainty
Thepreparationofthefinancialstatementsrequiresmanagementtomakejudgements,estimates and
assumptionsthataffecttheamountsreported.Theseestimateandjudgementsarecontinuallyreviewed and
arebasedonexperienceandotherfactors,includingexpectationsoffutureeventsthatarebelievedto be
reasonable in the circumstances.
Areasinwhichjudgementhasbeenappliedincludeanassessmentoftheappropriatelevelofincome to
recogniseinconnectionwithcontractsforthesupplyofservicesandsimilarperformancerelatedgrants, and
the recognition requirements for legacy income.
Thereareconsideredtobenoassumptionsorestimatesmadeinthepreparationofthefinancial statements
thathavea significantriskof causinga materialadjustmentto the carryingamountsof assetsandliabilities in
the next financial year.
Income
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
Incomefromcharitableactivitiesrepresentsamountsreceivableinconnectionwithservicesdeliveredby the
charity, and includes fees receivable, payments under service contracts and performance related grants.
Incomefromcontractsforthesupplyof services,andsimilarperformancerelatedgrants,arerecognised over
the period of delivery.
When donorsspecifythat donationsand grantsare for particularrestrictedpurposes,which do not amount to
pre-conditionsregardingentitlement,thisincomeisincludedinincomingresourcesofrestrictedfunds when
receivable.
continued...
-16-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
2. ACCOUNTING POLICIES - continued
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
Raising funds
Raisingfundsincludesallexpenditureincurredbythecharitytoraisefundsforitscharitablepurposes and
includes costs of all fundraising activities, events and non-charitable trading.
Charitable activities
Costofcharitableactivitiesincludethosecostsincurredbythecharityinthedeliveryofitsactivities 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
Depreciationis providedat the followingannualrates in orderto 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- 25% on reducing balance, 20% on reducing balance and 15% on
reducing balance
Fixtures and fittings- 33.3% on reducing balance and 15% on reducing balance
Computer equipment- 33% on cost, 25% on reducing balance and 15% on reducing balance
Stocks
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsolete and
slow moving items.
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.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designatedfundsare to be used for specificpurposesbutthereis no legalobligationon the charityto use the
funds in this way.
Furtherexplanationof the natureandpurposeof eachfundis includedin the movementin fundsnoteto the
financial statements.
continued...
-17-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
2. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayableto the
charitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesintheperiod to
which they relate.
Financial instruments
The charitydoes notuse anyfinancialinstrumentswhichare deemedto be non-basic.All financialassets and
liabilities of the charity are measured at amortised cost.
Hire purchase and leasing commitments
Rentalspaidunderoperatingleases are chargedto the Statementof FinancialActivitieson a straightline basis
over the period of the lease.
Government grants
GovernmentgrantsarerecognisedintheStatementof FinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
3.
DONATIONS AND LEGACIES
Donations
Gift aid
Legacies
Grants |
2025
£
24,319
1,059
132,453
61,665
219,496 |
2024
£
29,991
594
280,000
38,600 |
|
|
349,185 |
Incomefromlegaciesincludes£107,052(2024:£280,000)whichhasbeenaccruedbutnotreceivedasat the
year end date.
Restricted grant income of £61,665 (2024: £38,600) has been received in the year.
4. OTHER TRADING ACTIVITIES
OTHER TRADING ACTIVITIES |
|
|
|
2025 |
2024 |
|
£ |
£ |
Cafe and catering sales |
23,817 |
32,908 |
continued...
-18-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
5. INVESTMENT INCOME
Deposit account interest
Other interest
INCOME FROM CHARITABLE ACTIVITIES
Activity
Fees for services
Services and support for older people
Meals at home
Services and support for older people
Grants and service contracts
Services and support for older people |
2025
£
507
1,055
1,562
2025
£
149,870
50,038
148,116
348,024 |
2024
£
-
906
906
2024
£
147,433
60,463
286,930 |
|
|
494,826 |
6. INCOME FROM CHARITABLE ACTIVITIES
Fees for services includes amounts receivable for daycare services, homecare services and room hire.
Grantandservicecontractincomerecognisedincludes£81,376(2024:£146,370)underthe charity's
Household Fund and Carers' Break contracts with Darlington Borough Council.
Totalgrantincomeof£59,190(2024:£140,560)hasbeenrecognisedaspartofincomefrom charitable
activities;£54,190(2024:£82,778)beingclassifiedasrestricted.Theseareperformancerelatedgrants which
fund the delivery of specific services or programmes.
OtherincomeincludedingrantsandservicecontractsincludesAgeUKPartnerpaymentsandminibus hire
income, totalling £7,550 (2024: £Nil).
7. OTHER INCOME
OTHER INCOME |
|
|
|
2025 |
2024 |
|
£ |
£ |
Recharge utility costs |
1,045 |
13,546 |
continued...
-19-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
8. RAISING FUNDS
Raising donations and legacies
Fundraising support
9.
CHARITABLE ACTIVITIES COSTS
Services and support for older people
10.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Other staff & volunteer costs
Other direct costs
Food and catering costs
11.
SUPPORT COSTS
Services and support for older people
Support costs, included in the above, are as follows:
Premises costs
Insurance
General office
Communications and IT
Governance
Advertising
Consultancy, professional & training
Finance costs
Carried forward |
Direct
Costs (see
note 10)
£
476,554 |
2025
£
12,200
Support
costs (see
note 11)
£
196,742
2025
£
384,891
18,650
39,873
33,140
476,554
2025
Services
and
support
for older
people
£
47,136
13,672
7,782
6,344
4,400
9,064
44,426
1,901
134,725 |
2024
£
-
Totals
£
673,296 |
2024
£
- |
|
|
|
2024
£
355,212
15,035
16,404
34,572 |
|
|
|
|
421,223 |
|
|
|
|
Support
costs
£
196,742 |
|
|
|
|
2024
Total
activities
£
47,261
8,362
10,115
9,264
6,640
10,159
56,474
1,812 |
|
|
|
|
150,087 |
|
continued...
-20-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. SUPPORT COSTS - continued
Brought forward
Irrecoverable VAT
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets |
2025
Services
and
support
for older
people
£
134,725
25,306
21,972
14,739
196,742 |
2024
Total
activities
£
150,087
-
13,813
- |
|
|
163,900 |
12. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
2025 |
2024 |
|
£ |
£ |
Depreciation - owned assets |
21,972 |
13,813 |
Deficit on disposal of fixed assets |
14,739 |
- |
Fees payable for the preparation and independent examination of the |
|
|
financial statements |
6,500 |
6,000 |
13. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2025norforthe year
ended 31 March 2024.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31March2025norfortheyear ended
31 March 2024.
14. STAFF COSTS
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows: |
2025
£
363,336
15,864
5,691
384,891 |
2024
£
326,246
23,436
5,530 |
|
|
355,212 |
|
|
|
|
2025 |
2024 |
Charity employees |
21 |
19 |
continued...
-21-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
14. STAFF COSTS - continued
No employees received emoluments in excess of £60,000.
Thetotalremunerationofthekeymanagementpersonnelofthecharityintheyear,inclusiveofpension and
employersocialsecuritycostsandamountspaidtomanagementworkingonaself-employedbasis, was
£98,056 (2024: £95,226).
15. TANGIBLE FIXED ASSETS
COST
At 1 April 2024
Additions
Disposals
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024 |
Improvements
Long
to
leasehold
property
£
£
482,194
188,616
-
2,766
-
(2,633)
482,194
188,749
237,912
93,654
6,359
933
-
(2,281)
244,271
92,306
237,923
96,443
244,282
94,962 |
Plant and
machinery
£
47,920
-
(5,312)
42,608
36,294
2,060
(1,714)
36,640
5,968
11,626 |
|
|
|
continued...
-22-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
15. TANGIBLE FIXED ASSETS - continued
COST
At 1 April 2024
Additions
Disposals
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
16.
STOCKS
Stocks
17.
DEBTORS
Amounts falling due within one year:
Trade debtors
VAT
Prepayments and accrued income
Amounts falling due after more than one year:
Loan to CASEwork
Aggregate amounts |
Fixtures
and
fittings
£
70,771
43,418
(35,137)
79,052
42,892
9,601
(25,885)
26,608
52,444
27,879 |
Computer
equipment
£
26,514
9,902
(5,995)
30,421
20,351
3,019
(4,458)
18,912
11,509
6,163
2025
£
1,026
2025
£
23,891
-
122,204
146,095
3,727
149,822 |
Totals
£
816,015
56,086
(49,077)
823,024
431,103
21,972
(34,338)
418,737
404,287
384,912
2024
£
2,105
2024
£
14,047
6,877
313,263
334,187
3,255
337,442 |
|
|
|
|
Prepayments and accrued income includes legacy income receivable of £107,052 (2024: £280,000).
continued...
-23-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income |
2025
£
11,156
7,474
35,756
2,339
21,508
78,233 |
2024
£
10,471
4,384
-
6,328
23,904 |
|
|
45,087 |
Income from contractsand performancerelatedgrantsis deferredwhen received in advanceof the delivery of
service or programme. The movement for the year is reconciled as follows:
|
£ |
At 1 April 2024 |
4,950 |
Additions during the year |
10,000 |
Deferred amounts released to income |
(4,950) |
|
|
At 31 March 2025 |
10,000 |
|
|
Closing deferred income this year is restricted, because the income will be used for restricted purposes.
19. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years |
2025
£
10,080
39,480
49,560 |
2024
£
21,250
- |
|
|
21,250 |
continued...
-24-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
20. MOVEMENT IN FUNDS
MOVEMENT IN FUNDS |
|
|
|
|
Unrestricted funds
General fund
Fixed asset fund
Restricted funds
Premises refurbishment
Information and Advice - County Durham
Group physical activities
TOTAL FUNDS
Net movement in funds, included in the above are a |
At 1.4.24
£
348,419
384,910
733,329
20,600
-
-
20,600
753,929
s follows: |
Net
movement
in funds
£
(131,988)
-
(131,988)
27,037
500
12,899
40,436
(91,552) |
Transfers
between
funds
£
26,150
19,377
45,527
(45,027)
(500)
-
(45,527)
- |
At
31.3.25
£
242,581
404,287 |
|
|
|
|
646,868
2,610
-
12,899 |
|
|
|
|
15,509 |
|
|
|
|
662,377 |
|
|
|
|
|
Unrestricted funds
General fund
Restricted funds
Other restricted funding
Veterans' support
Premises refurbishment
Supporting Older People - Harrogate
Information and Advice - County Durham
Group physical activities
TOTAL FUNDS |
Incoming
resources
£
478,089
6,815
12,375
61,665
10,000
10,000
15,000
115,855
593,944 |
Resources
Movement
expended
in funds
£
£
(610,077)
(131,988)
(6,815)
-
(12,375)
-
(34,628)
27,037
(10,000)
-
(9,500)
500
(2,101)
12,899
(75,419)
40,436
(685,496)
(91,552) |
|
|
|
continued...
-25-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
20. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Unrestricted funds
General fund
Fixed asset fund
Restricted funds
Premises refurbishment
TOTAL FUNDS |
At 1.4.23
£
55,263
391,107
446,370
-
446,370 |
Net
movement
in funds
£
286,959
-
286,959
20,600
307,559 |
Transfers
between
funds
£
6,197
(6,197)
-
-
- |
At
31.3.24
£
348,419
384,910 |
|
|
|
|
733,329
20,600 |
|
|
|
|
753,929 |
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Warm Homes
Other restricted funding
Dementia Support Project
Digital Champions
Veterans' support
Premises refurbishment
AUK funding - review project
Supporting Older People - Harrogate
TOTAL FUNDS |
Incoming
resources
£
769,992
16,005
28,775
3,720
18,000
5,779
20,600
18,000
10,500
121,379
891,371 |
Resources
Movement
expended
in funds
£
£
(483,033)
286,959
(16,005)
-
(28,775)
-
(3,720)
-
(18,000)
-
(5,779)
-
-
20,600
(18,000)
-
(10,500)
-
(100,779)
20,600
(583,812)
307,559 |
|
|
|
Premises refurbishment
FundingfromvariousorganisationstosupporttherefurbishmentofCharity'spremisesandequipment at
BradburyHouseinDarlington.Fundingprovidedincludesrefurbishmentofthekitchenandreception area,
replacementwindowsanddoors,aheatingsystemupgrade,newflooringandcarpetsand replacement
furniture.
Veterans' support
FundingtosupportveteransintheNorthYorkshireandDarlingtonarea,throughtheprovisionof support
groups and other support funding.
continued...
-26-
AGE UK NORTH YORKSHIRE & DARLINGTON
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
20. MOVEMENT IN FUNDS - continued
Supporting Older People - Harrogate
IncomefromNorthYorkshireCouncilthroughSupportingOlderPeopleHarrogate,tosupportAgeUK North
Yorkshire and Darlington's Information and Advice service outreach in Harrogate.
Information and Advice - County Durham
Funding from County Durham Community Foundation to support the Charity's Information and Advice service.
Group physical activities
IncometoenableAgeUKNorthYorkshireandDarlingtontoprovidegroupphysicalactivitysessionsfor the
elderly in local communities.
Other restricted funding
Aggregated other restricted funding of a low value.
Designated fixed asset fund
The designatedfixed asset fundhas been set up to assist in identifyingthose fundsthat are not free funds and
representthenetbookvalueoftangibleassetspurchasedfromfundsdesignatedforthatthepurpose. The
transferrepresentsthemovementinadditionsanddisposalsanddepreciationchargedonfixedassetsin the
period.
Transfers between funds
Transfersfromrestrictedtogeneralfundsinthefinancialyearareinrelationtofixedassetspurchased using
restricted funds, where the restriction no longer applies once the asset has been purchased.
21. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
22. COMPANY LIMITED BY GUARANTEE
The company has no share capital. The liability of each member is limited to a sum not exceeding £1.
-27-