## Age UK Carlisle & Eden 

ese 

Audited Annual Report and Financial Statements for the year ended 31 March 2023 

Charity Registration Number 1128565 Company Registration Number 06785041 

% SAINT& CO e CHARTERED ACCOUNTANTS 



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## AGE UK CARLISLE & EDEN 

## LEGAL AND ADMINISTRATIVE INFORMATION 

|a<br>ee|a<br>ee|a<br>ee|
|---|---|---|
|Trustees|Mrs Brenda Hill||
||Mr Chris Fuller||
||Mr Jonty Hanlon||
||Mr Stuart Irving||
||Ms Alison Hampson||
||Ms Gillian Linton||
||Mr Andrew Shekell||
|Seniormanagementteam|Alison Ambrose|Chief executive officer|
||Paul Moffat|Other senior management|
|Charity number|1128565||
|Company number|06785041||
|Registered office|20 SpencerStreet||
||Carlisle||
||Cumbria||
||CA1 1BG||
|Auditor|Saint& Co.||
||Sterling House||
||Wavell Drive||
||Rosehill||
||Carlisle||
||CA12SA||



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## AGE UK CARLISLE & EDEN 

## CONTENTS 

||Page|
|---|---|
|Chair's report|1|
|Trustees’ report|2-7|
|Independent auditor's report|8-11|
|Statement offinancial activities|12|
|Balance sheet|13-14|
|Statement of cash flows|15|
|Notestothefinancialstatements|16-35|





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## AGE UK CARLISLE & EDEN 

## CHAIR'S REPORT 

## FOR THE YEAR ENDED 31 MARCH 2023 

## SS 

Age UK Carlisle and Eden are committed to offering help and support to older people living in the Carlisle and Eden area. We value the opinions and contributions older people make and actively promote their position in society. The last year we faced unprecedented challenges through the Cost-of-Living crisis, which resulted in a surge in demand for our services across all departments. Demand was experienced more intensely for referrals into our Information and Advice service with a 33% increase for individual support and 52% increase in cases from the previous year; this indicates a rise in more critical cases. Age UK Carlisle and Eden still delivered a comprehensive range of services to thousands of older people throughout Carlisle and Eden districts. Services across all our departments are now Operating to full capacity, with new activities and events taking place weekly. As an organisation we continue to grow and strive to take things forward, constantly looking at new ways of working and improving how we help people to retain independence at home and promote physical and mental health and wellbeing. 

We have created strong partnership links with other agencies and are a vital component of our local communities, including supporting statutory and NHS services. 

Age UK Carlisle and Eden will continue to evolve and adapt to current trends and the ongoing commitment, dedication and compassion of all staff and volunteers ensures the continuing support and championing of Carlisle and Eden's older population’. | would like to thank all employees, volunteers and my fellow board members for their contribution and support in helping Age UK Carlisle and Eden fulfil their aims and objectives in making later life a more enjoyable experience for older people? 

| would like to thank my fellow board members for their contribution and support in helping Age UK Carlisle and Eden fulfil their aims and objectives in making later life a more enjoyable experience for older people? 


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## AGE UK CARLISLE & EDEN 

## TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## a 

The trustees present their annual report and financial statements for the year ended 31 March 2023. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). 

Objectives and activities Summary of the objects of the charity Age UK Carlisle and Eden seeks to promote the relief of elderly people in any manner which now or hereafter may be deemed by law to be charitable in and around Carlisle and Eden Districts or otherwise in the County of Cumbria (hereinafter called "the area of benefit"). Mission Statement Age UK Carlisle and Eden seek to promote the contributions older people make to society and to promote their interests by working with and for them to help make older life a fulfilling and enjoyable experience. 

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. 

Charity's aims and the changes it seeks to make through its activities 

- ¢ To improve the quality of life of frail and elderly people ¢ Tohelp towards the maintaining of independence e To broaden interest and stimulate self-improvement e To combat loneliness « To promote health and a healthy lifestyle e To provide advice and information * Tobe alert for opportunities to influence and educate public opinion over issues which concern the wellbeing of the elderly population and to be ready if necessary to campaign on their behalf. 

- ¢ To explore new opportunities and respond to them and to engage in research especially into areas of need within the district. 

- « To work with and look for ways of co-operating with statutory and other voluntary bodies and increase our ability to influence service provision with our key partners. 

- « To promote links with other Age UK organisations and to play an appropriate part in the Age UK structures at national, regional and county level. 

- e Toensure the highest standards in all our enterprises. ¢ To provide an appropriate structure of management, salaried workers and volunteers together with appropriate equipment to sustain and develop these areas. 

- « Toraise and maintain the finance needed to achieve all these aims. 

## Achievements and performance 

Age UK Carlisle and Eden are supported by the dedication and commitment of its strong team of 180+ volunteers to deliver the services and activities which are so vital to older people in Carlisle and Eden Districts. Volunteers are our most valuable and vital asset and bring a unique perspective to our work offering over two hundred hours per week of voluntary service. We are also indebted to the Chair and Board of Trustees for their leadership and direction. Between 2022/23 Age UK Carlisle and Eden helped and supported over 2500 older people in the Carlisle and Eden area. 

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## AGE UK CARLISLE & EDEN 

## TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## Home Support 

Our 'Home Support' service offers much needed support to vulnerable people, helping them remain independent in their own homes. The service is delivered by a professional team of experienced and compassionate paid employees, there is a nominal charge to help recover any expenditure incurred. 

## Well@Home Well@Home 

Well@Home is a bespoke hospital discharge service funded by the North Cumbria NHS partnership. It includes assisted discharge from hospital with up to four weeks wrap around support in the individual’s home to aid recovery and prevent readmission. 

## Retail / Shops 

We have six shops across the Carlisle and Eden districts, at Denton Holme and two in Carlisle, Brampton, Alston, and Kirkby Stephen. The Income generated in our retail outlets contributes towards the core costs of delivering our diverse range of services. 

A huge thank you must go to all the volunteers who help us to open each shop every day, their support is appreciated. 

## Campaigns / Fundraising 

Gift Aid is our main fund raising activity with over £13,246 raised between 2022/2023. 

Campaigns this year included the Winter Warmth campaign which was in collaboration with Cumbria Community Foundation and the Vulnerable Household fund which we distributed on behalf of Eden District Council. 

## Information and Advice Service 

This service provides free, accessible information on a wide range of issues, including welfare benefits, income maximisation, housing, and health care. Welfare benefits information is the most sought-after advice. Financial Inclusion is an important element of addressing needs, as it increases opportunities in terms of social activities, transport, domestic support, and aids and adaptations. The additional income is an added benefit to the local economy. Figures from April 2022 to March 2023: 

e Total Enquiries 2,577 

« The total amount of benefits and arrears secured in the period between April 2022 and March 2023 is £1,583,180. This is made up of £1,286,053 annual gain and £297,126 in back payments. ¢ Winter Warmth grants - £113,200. *Age UK Carlisle and Eden act as administrators for Cumbria Community Foundation in distributing grants to low-income households to help them pay for their fuel costs over the winter. The Information and Advice Team continue to have a proactive presence within the community by delivering presentations, talks and attending network events. 

## 3 Kirkstone 

3 Kirkstone cottage is available for use by staff and volunteers of Age UK Carlisle and Eden. The property is managed by the resort. 

Quality Standards 

AQs 

IAQPS cas 

1SO27001 

The organisation is registered with the Fundraising Regulator. 

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## AGE UK CARLISLE & EDEN 

## TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## Financial review 

## Review of the financial position of the charity 

The Incoming Resources for the year ended 31st March 2023 were £820,312. Outgoing Resources amounted to £793,712. The deficit for the period was £1,689 which included an unrealised loss on investments of £28,289. Donations of £13,206 were received during the year together with a legacy of £500. The donations include a generous donation of £4,300 from The David Snowdon Trust for which we are extremely grateful. Shop sales increased to £316,858. 

The overall deficit of just £1,689 is as near to break even as we could hope to get and has been helped by the Well at Home service we entered into with the NHS via Cumbria Community Foundation and Cumbria Voluntary Service. This contract has been renewed for the current financial year helping to free up beds in the hospitals and ensure a smooth transition from hospital to home for the former patients. The last year has seen many changes in the organisation as we enter a cost-of-living crisis which resulted in an increase in demand for our financial inclusion services. 

## Reserves policy 

In order to ensure continuity of service to our clients, the management committee hopes to have reserves equal to a year's expenditure (on continuing activities) for each service, currently £790,000 This should give sufficient time to make alternative arrangements for services in the event of discontinuation of funding. Staff who have been employed continuously for more than 2 years would require redundancy payments from reserves if the charity had to cease. 

On 31st March 2023 total reserves were £1,442,899 of which £381,456 were restricted and £281,668 were held as investments for a Bequest, which leaves remaining reserves on 31 March 2023 of £779,775. These reserves are currently less than those required to be in line with the charity's reserve policy. The trustees felt that with the current unstable financial situation, such reserves should enable the charity to secure services for the future. The trustees are mindful of the large deficits that have occurred in past years and wish the charity to fulfil its mission statement for many years to come. Included in the restricted reserves is £130,468 which can only be realised by disposing of tangible fixed assets and investment property. 

## Principal funding sources 

The charity achieves its income from three main sources: 

## Direct fund-raising and income generation 

From its six shops 

From fund-raising events and collections 

Age UK Income Generation Initiatives 

## Grants from other charities 

The charity actively seeks grants from other charitable grant making bodies including the Big Lottery, Henry Lonsdale Trust and David Snowdon Trust. Grants are noted in the financial statements, (notes four & five). 

## Investment policy and objectives 

To maximise income and preserve capital. The Board aims to maximise the total investment return within the objectives of maintaining income while continuing to preserve the real value of investments and to maximise income on invested restricted funds. 

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## AGE UK CARLISLE & EDEN 

## TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 SE ec a Lee et Re Sr ae ee 

## Major risks to which the charity is exposed 

The trustees have examined the major strategic, business and operational risks to which the charity is exposed, in particular those related to operations and finance, and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. 

This work has identified that financial sustainability is the major financial risk for the Charity. A key element in the management of financial risk is a regular review of available liquid funds to settle debts as they fall due, regular liaison with the bank and active management of trade debtors and creditors balances to ensure sufficient working capital by the Charity. 

Attention has also been focussed on non-financial risks, arising from fire, health and safety of staff and clients, management of funding, infection control and food hygiene. These risks are managed by ensuring accreditation is up to date, having robust policies and procedures in place and regular awareness training for staff and volunteers working in these operational areas. 

We have engaged consultants, Watershed, a company which provides information and advice on Employment Law matters 

through its consultancy programme. 

Kym Allen are engaged as consultants to provide Health and Safety advice and information. 

## Structure, governance and management 

## Governing document 

Age UK Carlisle and Eden is a company limited by guarantee (Company Number 06785041) and is a registered charity no 1128565. It is governed by its constitution which is in its Memorandum of Articles of Association last amended 13 March 2009. Age UK Carlisle and Eden wholly own a separate Trading Company, which is Age UK Carlisle and Eden Enterprises Ltd, Company Number 5416847. There is a separate Board for this Company made up of 2 Directors, who are the Chairman of the Charity and the Chief Executive of the Charity. Due to the cessation of insurance services this company is now dormant. 

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: 

Mrs Brenda Hill 

Mr Chris Fuller 

Mr Jonty Hanlon Mr Stuart Irving Ms Alison Hampson Ms Gillian Linton 

Mr Andrew Shekell 

Methods adopted for the recruitment and appointment of new trustees Membership of the Board shall consist of: 

(i) The Chair elected by members of the organisation 

(ii) Such other number of persons elected by the members of the organisation as may from time to time be determined in regulations adopted and issued in accordance with Clause 25 of the Constitution. (iii) Those persons co-opted by the Board of Trustees in accordance with Clause 27 of the Constitution. 

All new and potential trustees are given a Trustee Induction Pack, which clearly explains their role, in terms of personal and legal duties. Trustees are also given the opportunity to access training, either locally or nationally to develop their skills and keep their knowledge current. Trustees are also invited to visit our services and activities and spend time with staff on their particular projects. An annual budget is allocated for Trustee training. 

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## AGE UK CARLISLE & EDEN 

## TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## ee 

Organisational structure of the charity and how decisions are made The Board of Trustees met five times during the year and were responsible for strategic direction, policy development and financial viability of the charity. The Chief Executive acts as Secretary to the Board and all operational matters are delegated to this post. The Trustees receive written reports from the Chief Executive, senior managers, project staff and other working groups ona regular basis. 

## Other matters 

Charity as part of a wider network Age UK Carlisle and Eden is a member of the national Age UK organisation. This is a federation of over 150 charities operating under the name of Age England Association. Quality standards, agreed by the Age UK, must be met to remain in membership. The Chairman and Chief Executive regularly attend the Age UK Northwest Regional meetings. The Chief Executive and Senior Managers sit on a number of interagency groups. They use these forums to ensure that the views of older people are sought and used in in the shaping and delivery of services and that policy and service development is non-discriminatory on the grounds of age. 

## Relationship between the charity and related parties 

This is an ongoing process and every opportunity is taken to raise the profile of the organisation. We do this through the local media, giving talks and holding events throughout Carlisle and Eden Districts, as well as the distribution of leaflets and posters to a wide range of public access venues. 

## Pay Policy for Senior Staff 

The Trustees consider that the Board and the Senior Management Team comprise the key management personnel of the Charity in charge of directing and controlling, running and operating the Charity on a day to day basis. All Trustees give of their time freely and no Trustee received remuneration in the year. Details of Trustees’ expenses are disclosed in note 13 to the accounts. 

The pay of the senior staff is reviewed annually and normally increased in accordance with average earnings. In view of the nature of the Charity, the Trustees use the National Joint Council (NJC) salary scales as a benchmark. Levels of pay are subject to affordability, job evaluation and necessary market adjustment. 

## See 

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## AGE UK CARLISLE & EDEN 

## TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## eee 

## Statement of trustees’ responsibilities 

The trustees, who are also the directors of Age UK Carlisle & Eden for the purpose of company law, are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. 

In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

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

## Auditor 

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. 

## Small Company Provisions 

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. 

The trustees’ report was approved by the Board of Trustees. Mrer 

Dates Luo: (( Lowy sscstennisstsecascees cxeienmrereciseees 

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## AGE UK CARLISLE & EDEN 

## INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF AGE UK CARLISLE & EDEN 

## we 

## Opinion 

We have audited the financial statements of Age UK Carlisle & Eden (the ‘charity’) for the year ended 31 March 2023 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). 

In our opinion, the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2023 and of its incoming resources and application of resources, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. 

## Basis for opinion 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## Conclusions relating to going concern 

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

## Other information 

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 

We have nothing to report in this regard. 

NN———_— 

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## AGE UK CARLISLE & EDEN 

## INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF AGE UK CARLISLE & EDEN 

## Matters on which we are required to report by exception 

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion: - the information given in the financial statements is inconsistent in any material respect with the trustees’ report; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records; or - we have not received all the information and explanations we require for our audit. 

## Responsibilities of trustees 

As explained more fully in the statement of trustees’ responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease Operations, or have no realistic alternative but to do so. 

## Auditor's responsibilities for the audit of the financial statements 

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assura nce is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

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## AGE UK CARLISLE & EDEN 

## INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF AGE UK CARLISLE & EDEN 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. 

The extent to which the audit was considered capable of detecting irregularities including fraud 

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: 

- « the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; 

- » we identified the laws and regulations applicable to the charity through discussions with directors and other management; 

- - we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the charity; 

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and 

- . identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. 

We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: 

   - « making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; 

   - * Toaddress the risk of fraud through management bias and override of controls, we: 

      - ¢ performed analytical procedures to identify any unusual or unexpected relationships; « tested journal entries to identify unusual transactions; « assessed whether judgements and assumptions made in determining the accounting estimates set out in the accounting policies were indicative of potential bias; and 

      - + investigated the rationale behind significant or unusual transactions. 

- In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: 

   - ° agreeing financial statement disclosures to underlying supporting documentation; + reading the minutes of meetings of those charged with governance; 

   - ¢ enquiring of management as to actual and potential litigation and claims; and * reviewing correspondence with HMRC, relevant regulators (Charity Commission) and the charity's legal advisors. 

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. 

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. 

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www[.frc.org.uk/auditorsresponsibilities.][This][description] forms[part][of][ our][ auditor's][report.] 

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## AGE UK CARLISLE & EDEN 

## INDEPENDENT AUDITOR'S REPORT (CONTINUED) 

## TO THE TRUSTEES OF AGE UK CARLISLE & EDEN 


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## Use of our report 


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This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports)<br>Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are<br>required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not<br>accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for<br>this report, or for the opinions we have formed.<br>( Naat (si Cs<br>Saint & Co. FB: \1:.23<br>Chartered Accountants<br>Statutory Auditor Sterling House<br>Wavell Drive<br>Rosehill<br>Carlisle<br>CA1 2SA<br>**----- End of picture text -----**<br>


Saint & Co. is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 

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## AGE UK CARLISLE & EDEN 

## STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT 

## FOR THE YEAR ENDED 31 MARCH 2023 

|a|a|a|a|a|a|a|a|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
||Notes|£|£|£|£|£|£|
|Income and endowmentsfrom:||||||||
|Donations and legacies|4|24,456|293,861|318,317|42,398|150,737|193,135|
|Charitable activities|5|41,716|80,299|122,015|60,395|72,322|132,717|
|Othertrading activities|6|316,858|-|316,858|267,897|-|267,897|
|Investments|7|16,771|-|16,771|10,465|=|10,465|
|Other income|8|46,351|-|46,351|25,519|-|25,519|
|Total income||446,152|374,160|820,312|406,674|223,059|629,733|
|Expenditure on:||||||||
|Raising funds|9|323,828|-|323,828|298,843|13,334|312,177|
|Charitable activities|10|111,749|356,645|468,394|197,910|153,909|351,819|
|Other|15|1,490|-|1,490|-|-|-|
|Total expenditure||437,067|356,645|793,712|496,753|167,243|663,996|
|Net gains/(losses) on||||||||
|investments|16|(28,289)|-|(28,289)|14,916|-|14,916|
|Net (outgoing)/incoming||||||||
|resources before transfers||(19,204)|17,515|(1,689)|(75,163)|55,816|(19,347)|
|Gross transfers||||||||
|between funds|18|2,831|(2,831)|-|-|-|-|
|Net movement infunds||(16,373)|14,684|(1,689)|(75,163)|55,816|(19,347)|
|Fund balances at 1 April 2022||1,077,816|366,772|1,444,588|1,152,979|310,956|1,463,935|
|Fund balances at 31 March||||||||
|2023||1,061,443|381,456|1,442,899|1,077,816|366,772|1,444,588|



The statement of financial activities includes all gains and losses recognised in the year. 

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 

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## AGE UK CARLISLE & EDEN 

## BALANCE SHEET 

## AS AT 31 MARCH 2023 

||AS AT 3131|MARCH 20232023|MARCH 20232023|MARCH 20232023||
|---|---|---|---|---|---|
|a||eSSSSSSSSSSSSSSSeEeEeeeee||||
||||2023|2022||
||Notes|ff:|£|£|£|
|Fixed assets||||||
|Tangible assets|19||26,043||16,250|
|Investment property<br>Investments|20<br>21||121,197<br>312,978||121,197<br>344,402|
|Current assets|||460,218||481,849|
|Stocks<br>Debtors|23<br>24|1,736<br>65,227||1,990<br>19,564||
|Cash atbank and in hand||1,162,211||1,016,430||
|||1,229,174||1,037,984||
|Creditors: amountsfallingduewithinoneyear|25|(242,652)||(75,245)||
|Net currentassets|||986,522||962,739|
|Total assets lesscurrent liabilities|||1,446,740||1,444,588|
|Creditors: amountsfallingdue after more than||||||
|oneyear|26||(3,841)||-|
|Netassets|||1,442,899||1,444,588|
|Thefunds ofthe charity||||||
|Restricted income funds|29||381,456||366,772|
|Unrestrictedfunds|||1,061,443||1,077,816|
||||1,442,899||1,444,588|



ee 

148 



## AGE UK CARLISLE & EDEN 

## BALANCE SHEET (CONTINUED) 

## AS AT 31 MARCH 2023 

## a 

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023, although an audit has been carried out under section 144 of the Charities Act 2011. 

The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. 

The trustees have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476. 

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 

The financial statements were approved by the trustees on 2ol\wlezo23 

HArende M Ve (| Mrs Brenda Hill Mr Chri§ Fuller Trustee Trustee 

Company registration number 06785041 (England and Wales) 

a eae en nn 2414s 



## AGE UK CARLISLE & EDEN 

## STATEMENT OF CASH FLOWS 

## FOR THE YEAR ENDED 31 MARCH 2023 


**----- Start of picture text -----**<br>
||||||||||
|---|---|---|---|---|---|---|---|---|
|2023|2022|Restated|
|Notes|£|£|£|£|
|Cash flows from operating|activities|
|Cash|generated|from/(absorbed|by)|operations|36|137,283|(48,352)|
|Investing|activities|
|Purchase|of tangible|fixed|assets|(15,319)|(19,500)|
|Proceeds from|disposal|of tangible|fixed|assets|549|4,500|
|Purchase|of|investments|(9,185)|(53,791)|
|Proceeds from|disposal|of|investments|12,320|56,684|
|Investment|income|received|16,771|10,465|
|Net|cash|generated from/(used|in)|investing|.|
|activities|5,136|(1,642)|
|Financing|activities|
|Payment|of obligations|under finance|leases|3,362|(1,787)|
|Net|cash generated from/(used|in)|financing|
|activities|3,362|(1,787)|
|Net|increase/(decrease)|in|cash|and|cash|equivalents|145,781|(51,781)|
|Cash|and|cash|equivalents|at|beginning|of year|1,016,430|1,068,211|
|Cash|and|cash|equivalents|at|end|of year|1,162,211|1,016,430|

**----- End of picture text -----**<br>


=45< 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2023 

## 1 Accounting policies 

## Charity information 

Age UK Carlisle & Eden is a private company limited by guarantee incorporated in England and Wales and is a registered charity in England and Wales. The registered office is 20 Spencer Street, Carlisle, Cumbria, CA1 1BG. 

## 1.1 Accounting convention 

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102. 

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. 

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 

## Consolidation 

The entity has taken advantage of the exemption from preparing consolidated financial statements contained in Section 402 of the Companies Act 2006 on the basis that its subsidiary is excluded from consolidation on the grounds that its inclusion is not material for the purpose of giving a true and fair view. 

1.2. Going concern 

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 

## 1.3. Charitable funds 

Unrestricted funds consist of donations and other income received or generated for use towards the objectives of the Charity without further specified purpose and are available for use as general funds. 

The Trustees have the discretion to allocate sums to particular funds as they so wish. Such funds are known as designated funds and remain unrestricted. 

Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund, together with a fair allocation of management and support costs. 

-16- 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 

## 1 Accounting policies 

## (Continued) 

1.4 Income All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: 

- » income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. Grants received towards the core function of the Charity are recognised in full in the Statement of Financial Activities in the year in which they are entitled to be received. Grants received to fund the acquisition of fixed assets are allocated to designated funds held to meet depreciation costs charged in future years. 

- « where grants are received for specific purposes or services, these grants are shown within income from Charitable Activities. Where they relate to specific performance requirements, the income is deferred until these performance requirements are met. 

+ legacy income is recognised when receipt is probable and entitlement is established. 

   - « items donated for resale are included in shop income when sold and no value is placed on stock at the year end. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. 

   - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. 

- 1.5 Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. 

- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. 

- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. 

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. 

Costs relating to redundancy or termination payments are recognised as a liability and expense only when the company is demonstrably committed either to terminate the employment of an employee or group of employees before the normal retirement date or contract end date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy. 

## SA ae pg ae a CEN SE ee a 

472 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 

## 1 Accounting policies 

(Continued) 

1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. The Charity capitalises assets with a value (either asset cost or, if donated, market worth) which exceeds £1,000. Assets with a value of less than £1,000 are written off in the Statement of Financial Activities as incurred. 

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: 

Leasehold land and buildings Straight line over 25 years Computers 25% straight line Motor vehicles 20% straight line 

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 

## 1.7 Investment property 

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss. 

- 1.8 Fixed asset investments 

   - Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred. 

A subsidiary is an entity controlled by the charity. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. 

- 1.9 Impairment of fixed assets 

- At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 

- 1.10 Stocks The Charity holds stocks of donated goods in the shops. These stocks are gifted and are consequently not valued until sold. Goods purchased for resale are valued at the lower of cost and net realisable value. 

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. 

1.11 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less. 

eee -18- 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 


**----- Start of picture text -----**<br>
Se<br>**----- End of picture text -----**<br>


## 1 Accounting policies 

(Continued) 

- 1.12 Financial instruments 

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 

Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 

## Basic financial liabilities 

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 

Derecognition offinancial liabilities Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. 

- 1.13 Employee benefits 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 

- 1.14 Retirement benefits 

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 

ie -19- 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

aT0900 

## 1 Accounting policies 

(Continued) 

1.15 Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases. 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to net income/(expenditure) for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability. 

## 2 Critical accounting estimates and judgements 

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 

## 3 Limited by Guarantee 

The Charity is Limited by Guarantee. Every member of the Charity undertakes to contribute such amount as may be required (up to £1) to the Charity's assets, if it should be wound up while he is a member or within one year after he ceases to be a member, for payment of the Charity's debts and liabilities contracted before he ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves. 

4 Income from donations and legacies 

||Unrestricted|Restricted|Total|| Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||2023|2023|2023|2022|2022|2022|
||£|£|£|£|£|£|
|Donationsand gifts|13,206|-|13,206|16,964|-|16,964|
|Legacies receivable|500|-|500|7,480|-|7,480|
|Grants|10,750|293,861|304,611|17,954|150;737|168,691|
||24,456|293,861|318,317|42,398|150,737|193,135|
|Donations and gifts|||||||
|The David Snowdon Trust|4,300|-|4,300|-|-|-|
|Other|8,906|>|8,906|16,964|-|16,964|
||13,206|-|13,206|16,964|-|16,964|



a -20- 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## eeee 4 Income from donations and legacies (Continued) 

|Income fromfrom donations andand legacies|Income fromfrom donations andand legacies|||||(Continued)|
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds||funds|funds||
||2023|2023|2023|2022|2022|2022|
||£|£|£|£|£|£|
|Grants receivable for core activities|||||||
|Age UK|10,750|-|10,750|15,710|22,500|38,210|
|NHS/CCF Well atHome|-|173,034|173,034|-|78,403|78,403|
|Cumbria Community|||||||
|Foundation|-|-|-|-|36,500|36,500|
|GovernmentGrantIncome|-|20,167|20,167|2,244|13,334|15,578|
|National Lotteryfunding|-|40,321|40,321|-|-|-|
|Henry Lonsdale Trust|-|29,920|29,920|-|-|-|
|Cumbria CVS|-|24,000|24,000|-|-|-|
|Other|-|6,419|6,419|-|-|-|
||10,750|293,861|304,611|17,954|150,737|168,691|
|Incomefrom charitable activities|||||||
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds||funds|funds||
||2023|2023|2023|2022|2022|2022|
||£|£|£|£|£|£|
|Core income|||||||
|Sale ofgoods|-|-|-|-|-|-|
|Othergrantincome|-|80,299|80,299|23,592|72,322|95,914|
|Service Income - Hire& Leisure income|||||||
|Othercharitable income|5,000|-|5,000|4,333|-|4,333|
|Home Support Income|||||||
|Othercharitable income|36,716|-|36,716|32,470|-|32,470|
||41,716|80,299|122,015|60,395|72,322|132,717|



5 Income from charitable activities 

Sa ep 

nn ee a ae, 

ee 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## ern 

## 6 Income from other trading activities 

||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
||||£|£|
||Shop income||316,852|265,122|
||Third party sales commissions||6|2,775|
||Othertrading activities||316,858|267,897|
|7|Incomefrom investments||||
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2023|2022|
||||£|£|
||Income from listed investments||8,271|7,936|
||Interest|receivable|8,500|2,529|
||||16,771|10,465|
|8|Other income||||
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2023|2022|
||||£|£|
||Net gain|on disposal oftangible fixed assets|549|4,260|
||Gift Aid|& Commission|13,246|11,059|
||Other income||32,556|10,200|
||||46,351|25,519|



ee 

~99'. 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## aeEOS 9 Expenditure on raising funds 

||Unrestricted<br>funds|Restricted<br>funds|Total|Unrestricted<br>funds|Restricted<br>funds|Total|
|---|---|---|---|---|---|---|
||2023|2023|2023|2022|2022|2022|
|Trading costs|£|£|£|£|£|£|
|Operatingcharityshops<br>Staffcosts<br>Supportcosts|107,541<br>155,293<br>57,610|-<br>-<br>-|107,541<br>155,293<br>57,610|81,790<br>165,807<br>48,282|13,334<br>-<br>-|95,124<br>165,807<br>48,282|
||320,444|-|320,444|295,879|13,334|309,213|
|Investmentmanagement|3,384|-|3,384|2,964|-|2,964|
|Total costs|323,828|-|323,828|298,843|13,334|312,177|
|Expenditure on charitable|activities||||||
||InformationHomeSupport<br>andAdvice||Total|InformationHome Support<br>andAdvice||Total|
||2023|2023|2023|2022|2022|2022|
|Direct costs|£|£|£|£|£|£|
|Staffcosts<br>Otherdirectcosts<br>Otherstaffcosts<br>Premises costs<br>Otheroffice costs|178,402<br>22,903<br>3,297<br>1,499<br>247|138,977<br>24,817<br>8,046<br>458<br>763|317,379<br>47,720<br>11,343<br>1,957<br>1,010|159,658<br>7,759<br>540<br>-<br>-|68,172<br>1,575<br>384<br>341<br>-|227,830<br>9,334<br>924<br>341<br>-|
|Other office costs<br>Volunteer expenses|-<br>2,087|-<br>-|-<br>2,087|3,940<br>-|4,137<br>-|8,077<br>-|
|Vehicle costs<br>Advertising|-<br>-|1,027<br>274|1,027<br>274|-<br>-|-<br>-|-|
|||||||-|
||208,435|174,362|382,797|171,897|74,609|246,506|
|Share ofsupportandgovernancecosts (seenote||11)|||||
|Support<br>Governance|36,685<br>3,960|40,572<br>4,380|77,257<br>8,340|40,660<br>3,893|20,189<br>40,571|60,849<br>44,464|
||249,080|219,314|468,394|216,450|135,369|351,819|
|Analysis by fund|||||||
|Unrestrictedfunds<br>Restricted funds|38,048<br>211,032|73,701<br>145,613|111,749<br>356,645|89,831<br>126,619|108,079<br>27,290|197,910<br>153,909|
||249,080|219,314|468,394|216,450|135,369|351,819|



10 Expenditure on charitable activities 

aee By ice 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 


**----- Start of picture text -----**<br>
ITOTTI<br>**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|11|Support costs allocated to activities|2023|2022|Restated|
|£|£|
|Staff costs|60,060|57,954|
|Depreciation|5,526|-|
|Other expenditure|5,158|23,431|
|Other|staff expenditure|398|59|
|Premises cots|35,948|27,687|
|Office|costs and|supplies|9,118|-|
|Computer|supplies|10,668|-|
|Volunteer and trustee|expenses|290|-|
|Charges|and fees|2,086|-|
|Governance|costs|13,955|44,464|
|143,207|153,595|
|Analysed|between:|
|Fundraising|57,610|48,282|
|Information and Advice|40,645|44,553|
|Home Support|44,952|60,760|
|143,207|153,595|

**----- End of picture text -----**<br>


Support costs have been apportioned over the various activities of the charity including costs of generating funds as well as costs of charitable activities. The costs have been apportioned on the basis of the number of staff working within each activity the charity performs. 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|12|Net movement|in funds|2023|2022|
|£|£|
|Net|movement|in|funds|is|stated|after|charging/(crediting)|
|Fees|payable for the audit of the charity's|financial|statements|9,975|9,500|
|Depreciation|of owned tangible fixed|assets|5,526|4,982|
|Profit on|disposal of tangible fixed|assets|(549)|(4,260)|
|Operating|lease charges|64,572|65,997|

**----- End of picture text -----**<br>


13 _~=Trustees 

None of the trustees (or any persons connected with them) received any remuneration during the year, but trustees expenses totalling £40 were incurred in respect of two trustees (2022: no trustees’ expenses were incurred). 

= 94x 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 

## 14‘ Employees 

The average head count of employees during the year was 29 (2022: 31). The average number of full-time equivalent employees was 22 (2022: 23). The average number of employees during the year is analysed as follows: 

||2023|2022|
|---|---|---|
||Number|Number|
|Services staff|||
|Fundraisingandtradingstaff<br>Administrative and finance staff|11<br>14|12<br>16|
|Management staff|3|2|
||1|i|
|Total|29|31|
|Employment costs|2023|2022|
||£|£|
|Wagesand salaries<br>Socialsecurity costs<br>Otherpensioncosts|488,634<br>32,235<br>11,863|427,365<br>24,443<br>10,343|
||532,732|462,151|



No employee received employee benefits of more than £60,000 during the year (2022: Nil). 

There were no employees whose annual remuneration was more than £60,000. 

## Remuneration of key management personnel 

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £106,772 (2022: £95,063). 

## 15 Other expenditure 

|||Unrestricted|—|Unrestricted|
|---|---|---|---|---|
|||funds||funds|
|||2023||2022|
|||£||£|
|Lossondisposal|ofinvestments|1,490||-|
|||1,490||-|



## Sea 

=95. 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

16 Gains and losses on investments 

|Gains and losses onon investments|||
|---|---|---|
||Unrestricted | Unrestricted||
||funds|funds|
||2023|2022|
||£|£|
|Gains/(losses) arising on:|||
|Revaluationofinvestments|(28,289)<br>-|9,294<br>5,622|
|Sale of investments|||
||(28,289)|14,916|



## 17 _—‘Taxation 

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 

- 18 ‘Transfers 

A transfer was made out of restricted funds in the year to the general fund for fees taken in relation to administering the funds and for admin expenses in the year. 

|19|Tangiblefixed assets|Leaseholdland|Computers Motorvehicles|Computers Motorvehicles|Total|
|---|---|---|---|---|---|
|||and buildings||||
|||£|£|£|£|
||Cost<br>At1April2022<br>Additions<br>Disposals|378,000<br>-<br>-|72,522<br>4,824<br>(8,376)|19,500<br>10,495<br>-|470,022<br>15,319<br>(8,376)|
||At31March 2023|378,000|68,970|29,995|476,965|
||Depreciation and impairment<br>At 1April2022<br>Depreciation charged intheyear<br>Eliminated in respectof disposals|378,000<br>-<br>-|72,522<br>402<br>(8,376)|3,250<br>5,124<br>-|453,772<br>5,526<br>(8,376)|
||At31March2023|378,000|64,548|8,374|450,922|
||Carrying amount<br>At31March2023|-|4,422|21,621|26,043|
||At31March2022|-|-|16,250|16,250|



## a_i 

-26 - 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|20|—— Investment property|
|2023|
|Fair|[value]|£|
|At|1|April|2022|and|31|March|2023|
|121,197|

**----- End of picture text -----**<br>


The trustees do not believe the value of the investment property addition has altered significantly since it was bought by the charity in 2016. The trustees believe that the existing investment property (transferred from tangible fixed assets On transition to FRS102) is equivalent to its carrying amount prior to transfer as the property is on a short lease and basedconsidering theona valuation statebyof an repairindependent the trusteesvaluer.believe the value of the property will only depreciate. The fair value is not 


**----- Start of picture text -----**<br>
|||||||
|---|---|---|---|---|---|
|2023|2022|
|£|£|
|Short|leasehold|
|121,197|121,197|
|21|‘Fixed|asset|investments|
|Listed|Cash|in portfolio|Other|Total|
|investments|investments|
|Cost|or valuation|£|£|
|At 1 April 2022|334,806|9,594|2|344,402|
|Additions|9,185|-|
|OtherValuationmovementchange|s|(28,289)|-|--|(28,289)9,185|
|Disposals|-|1,227|-|1,227|
|(13,546)|-|-|(13,546)|
|At 31 March 2023|302,156|10,821|2|312,979|
|Carrying amount|
|At 31 March 2023|302,156|10,821|2|312,979|
|At 31 March 2022|334,806|9,594|2|344,402|

**----- End of picture text -----**<br>


Theinvestmentslisted invar **e** stmentsvalued atarecost.valued at fair value being their market value at the Balance Sheet date. The remaining 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Other|2023|2022|
|investments comprise:|Notes|£|£|
|Investments|in subsidiaries|34|2|2|

**----- End of picture text -----**<br>


7s 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|22|‘Financial|instruments|2023|2022|
|£|£|
|CarryingInstruments amountmeasuredof financialat fair valueassets through|profit or loss|302,156|334,806|
|23|Stocks|2023|2022|
|£|£|
|Raw materials and consumables|1,736|1,990|
|24|~+Debtors|2023|2022|
|£|£|
|Amounts falling due within|one year:|
|9,483|5,611|
|Trade|debtors|3,584|1,263|
|Other|debtors|52,160|12,690|
|Prepayments|and|accrued|income|
|65,227|19,564|
|25|Creditors:|amounts falling due within one year|2023|2022|
|Notes|£|£|
|Obligations under finance leases|27|799|1,278|
|Other taxation and social security|4,132|7,622|
|28|137,646|-|
|Deferred|income|46,520|16,445|
|Trade|creditors|20,120|16,822|
|OtherAccrualscreditors and deferred income|33,435|33,078|
|242,652|75,245|
|26|Creditors: amounts falling due after more than one year|2023|2022|
|Notes|£|£|
|Obligations under finance|leases|27|3,841|-|

**----- End of picture text -----**<br>


-28- 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## 27 ‘Finance lease obligations 

||Future minimum lease payments due under finance leases:|||
|---|---|---|---|
|||2023|2022|
|||£|‘a|
||Within one year|1,206|1,326|
||Within two and five years|4,523|-|
|||5,729|1,326|
||Less:futurefinance charges|(1,089)|(48)|
|||4,640|1,278|
|28|Deferred income|||
|||2023|2022|
|||£|£|
||Other deferred income|137,646|-|
||Deferred income is included in the financial statements as follows:|||
|||2023|2022|
|||£|£|
||Deferred income is included within:|||
||Current liabilities|137,646|-|
||Movements in the year:|||
||Deferred income at 1 April 2022|-|31,625|
||Released from previous periods|-|(31,625)|
||Resources deferred in the year|137,646|-|
||Deferredincomeat31March2023|137,646|-|



Deferred income relates to funding income received in advance of providing the services for which they have been paid. 

596.2 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 

## 29 _—s*Restricted funds 

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. 

||At 1 April2022|Incoming|Resources|Transfers|At31March|
|---|---|---|---|---|---|
|||resources|expended||2023|
||£|£|£|£|£|
|Terry Bequest - Cottage|121,197|-|-|-|121,197|
|Terry Bequest - reserve|163,937|“|-|-|163,937|
|CCF/NHS - Well atHome|58,561|179,694|(149,135)|2|89,120|
|Home support grants|-|9,928|(9,928)|-|-|
|City Centre Hub|-|7,508|(1,207)|-|6,301|
|CVS - Health and Welfare calls|-|24,000|(24,000)|-|-|
|Henry Lonsdale Charitable Trust|7,301|29,920|(37,221)|-|-|
|Age UK - Building Better Lives|-|37,500|(37,500)|-|-|
|Social Inclusion grants|11,376|14,342|(21,986)|(2,831)|901|
|National Lottery - Reconnecting|-|40,321|(40,321)|-|-|
|CCC - Carlisle Healthy Ageing City|4,400|-|(4,400)|-|-|
|Other I&Agrants|-|30,947|(30,947)|-|-|
||366,772|374,160|(356,645)|(2,831)|381,456|
|Previousyear:|At 1 April 2021|Incoming|Resources|Transfers|At 31 March|
|||resources|expended||2022|
||£|£|£|£|£|
|CCF Pappagallino|-|30,000|(30,000)|-|.|
|Armed Forces Covenant|-|250|(250)|-|-|
|Cumbria Community Foundation|-|4,161|(4,161)|-|-|
|Terry Bequest - Cottage|121,197|-|-|-|121,197|
|Terry Bequest - reserve|169,509|-|(5,572)|-|163,937|
|Fall Prevention - Carlisle|20,250|-|(20,250)|-|-|
|People's Postcode Trust|-|1,625|(1,625)|-|-|
|Lottery - P.A.L.|-|1,875|(1,875)|-|-|
|CCF/NHS - Well at Home|-|78,403|(19,842)|-|58,561|
|CVS - Health and Welfare calls|-|15,000|(15,000)|-|-|
|Henry Lonsdale Charitable Trust|-|29,131|(21,830)|-|7,301|
|Age UK - Building Better Lives|-|22,500|(22,500)|-|-|
|Covid RestartGrants|-|13,334|(13,334)|-|-|
|Social Inclusion grants|-|22,380|(11,004)|-|11,376|
|CCC - Carlisle Healthy Ageing City|-|4,400|-|-|4,400|
||310,956|223,059|(167,243)|-|366,772|



«30 2 



29 _—siReestricted funds 

## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 

(Continued) 

The Terry Bequest has been used to purchase a property. Income from this property can be used for unrestricted purposes. The expenditure on these funds relates to impairment and repair work covered under the terms of the legacy. The Terry Bequest Reserve fund is held for a future property purchase and repairs. 

The CVS Health and Welfare Calls, Home Support funds and Age UK Building Better Lives funding relate to monies received and expenses related to the services provided under the grant terms. 

The City Centre Hub is a service being provided for an initial 3 month term spanning the year end. 

Within the social inclusion grants is the HSBC G.R.O.W. Social inclusion funds which are held in relation to services not yet fully provided. Also included in the social inclusion grants in the year was Sport England funding for events ran during the year. 

The funding for the National Lottery Social Engagement project (or Reconnecting Cumbria) is an ongoing 3 year project. 

The funding from CCF/NHS for the Well at Home services are spent on services relating to support provided to those being discharged from hospital (both Wards and A&E). 

The Henry Lonsdale Charitable Trust funds relate to the provision of information and advice to elderly people and runs to June 2023. 

Carlisle Healthy Aging City Project Funds are to be spent compiling a bid for "Healthy Aging City" status. 

In the prior year the CCF Pappagallino Fund, Armed Forces Covenant, CCF Winter Resilience, Fall Prevention, No Place Like Home, People's Postcode Trust, Lottery P.A.L., CVS Health and Welfare Calls and Age UK Building Better Lives funding relate to monies received and expenses related to the services provided under the grant terms. 

In the prior year the Cumbria Community Foundation restricted fund relates to the Winter Warmth commission received for administering the grant on behalf of CCF. 

In the prior year the Covid Restart grants were received for the various charity shops and have helped fund running costs. 

## 30 = Unrestricted funds 

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. 

||At|1 April 2022|Incoming|Resources|TransfersGains|and losses|At 31 March|
|---|---|---|---|---|---|---|---|
||||resources|expended|||2023|
|||£|£|£|£|£|£|
|R&Rfund||8,449|-|-|-|-|8,449|
|Computer equip||||||||
|fund||9,583|-|-|-|-|9,583|
|Little Bequest||308,137|1,094|(4,228)|:|(23,335)|281,668|
|General funds||751,647|445,058|(432,839)|2,831|(4,954)|761,743|
|||1,077,816|446,152|(437,067)|2,831|(28,289)|1,061,443|



me ee 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 

## 30 Unrestricted funds 

|Unrestricted funds||||||(Continued)|
|---|---|---|---|---|---|---|
|Previous year:|At 1April 2021|Incoming|Resources|TransfersGains and losses||At 31 March|
|||resources|expended|||2022|
||£|£|£|£|£|£|
|R&R Fund|8,449|-|-|-|-|8,449|
|Computer Equip|||||||
|fund|9,583|-|-|-|-|9,583|
|Little Bequest|293,374|71|(2,964)|-|17,657|308,138|
|General funds|841,573|406,603|(493,789)|-|(2,741)|751,646|
||1,152,979|406,674|(496,753)|-|14,916|1,077,816|



The Brewin Dolphin Investment Fund unrestricted fund records movements in the fair value of the investment portfolio held and the investment management fees. 

The charity has two designated funds; the Repairs and Renewals Fund and the Computer Equipment Fund, the trustees did not wish to revise the amounts designated for future expenditure. 

## 31 ~— Analysis of net assets between funds 

||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds||
||2023|2023|2023|
||£|£|£|
|Fund balances at31 March 2023 are represented by:||||
|Tangible assets|16,772|9,271|26,043|
|Investment properties|-|121,197|121,197|
|Investments|312,978|-|312,978|
|Current assets/(liabilities)|735,534|250,988|986,522|
|Long term liabilities|(3,841)|-|(3,841)|
||1,061,443|381,456|1,442,899|
||Unrestricted|Restricted|Total|
||funds|funds||
||2022|2022|2022|
||£|£|£|
|Fund balances at 31 March 2022 are represented by:||||
|Tangible assets|16,250|-|16,250|
|Investment properties|-|121,197|121,197|
|Investments|344,402|-|344,402|
|Current assets/(liabilities)|717,164|245,575|962,739|
||1,077,816|366,772|1,444,588|



-32- 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 **e** e in Se ani 

## 32 Operating lease commitments 

## Lessee 

At the reporting end date the charity had outstanding commitments for future minimum lease payments under noncancellable operating leases, which fall due as follows: 

||2023|2022|
|---|---|---|
||£|£|
|Within one year|21,936|35,465|
|Between two and five years|24,733|10,736|
|In overfive years|96,400|96,500|
||143,069|142,701|



## 33 ~—s&Related party transactions 

## Transactions with related parties 

During the year the charity entered into the following transactions with related parties: 

||||Services|received||
|---|---|---|---|---|---|
||||2023||2022|
||||£||£|
|Other|related|parties|24,425||-|



The following amounts were outstanding at the reporting end date: 

## Other related parties 

|Amountsowed to related parties|Amountsowed to related parties|
|---|---|
|2023|2022|
|£|£|
|7,333|-|



iCan Health & Fitness CIO has a trustee in common with the charity, whilst the trustee does not have majority control in either charity, the transactions between the two charities are disclosed above. 

The Charity has a trading subsidiary company, Age UK Carlisle & Eden Enterprises Limited, company number 05416847, registered in England and Wales. The subsidiary is now dormant. 

At the year end, the charity owed £nil to one trustee for bookkeeping and finance advice (2022: £400). 

pelea 

ws ale) Aled f elueel oon ee Ae ee eee ee eee 33s 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

## eee 

## 34 = Subsidiaries 

Details of the charity's subsidiaries at 31 March 2023 are as follows: 

Name of undertaking Registered Nature of business Class of % Held office shares held Direct Indirect Age UK Carlisle & Eden UK Dormant Ordinary 100.00 Enterprises Limited Shares 

The aggregate capital and reserves and the result for the year of subsidiaries excluded from consolidation was as follows: 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Name|of undertaking|Profit/(Loss)|Capital|and|
|Reserves|
|£|£|
|Age|UK|Carlisle|&|Eden|
|Enterprises|Limited|-|(3,687)|
|35|Contingencies|

**----- End of picture text -----**<br>


Contingent liabilities: Prior to 1 April 2009 former employees of Age Concern Eden participated in a defined contributory pension scheme through the Pensions Trust, one part of which gives certain guarantees to members. The transfer of employees to Age UK Carlisle and Eden meant membership of the Pension Trust Scheme terminated and triggered a liability to the scheme equal to the full buy out cost for employees affected. Age Concern Eden paid £11,238 to cover the technical deficit. The residual liability, estimated by independent actuaries at £34,151 in September 2009, is guaranteed by Age UK Carlisle and Eden. The residual liability will vary according to the value of the Pension Trust fund assets and residual liabilities. 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|36|Cash generated from|operations|2023|2022|Restated|
|£|£|
|Deficit for the year|(1,689)|(19,347)|
|Adjustments|for:|
|Investment income|recognised|in|statement|of financial|activities|(16,771)|(10,465)|
|Gain on|disposal|of tangible|fixed|assets|(549)|(4,260)|
|Gain|on|disposal|of investments|-|(5,622)|
|Fair value|gains and|losses on|investments|28,289|(9,294)|
|Depreciation|and|impairment|of tangible|fixed|assets|5,526|4,982|
|Movements|in|working|capital:|
|Decrease/(increase)|in|stocks|254|(947)|
|(Increase)/decrease|in|debtors|(45,663)|26,426|
|Increase/(decrease)|in|creditors|167,886|(29,825)|
|Cash generated from/(absorbed|by) operations|137,283|(48,352)|

**----- End of picture text -----**<br>


i i, BA 



## AGE UK CARLISLE & EDEN 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2023 

|Soe|Soe|Soe|Soe|
|---|---|---|---|
|37 __Analysis ofchanges in netfunds|At 1 April 2022|Cashflows|At 31 March 2023|
||£|£|£|
|Cash at bank and in hand|1,016,430|145,781|1,162,211|
|Obligations underfinance leases|(1,278)|(3,362)|(4,640)|
||1,015,152|142,419|1,157,571|



a ~- 95 -