Reglstered Company number: lJ7334392 Reglstered Charity number: 113V240 AGE UK BIRMINGHAM LIMITED REPORT OF THE TRUSTEES AND CONSOLIDATED FINANCIAL STATEMENTS 31 MARCH 2024 AGE UK BIRMINGHAM LIMITED {A company limited by guarantee) LEGAL AND ADMINISTRATIVE INFORMATION Trusteos Marcus Andrew Jor(tsn Tapshurn Pattni BènjaTnin Richards David Sykes Dr Rashda Tabassum Se¢r•tary Steven Th)rnson Charlty Teglstratlon number 1138240 Company registration number 07334392 Registered office StratfL￿d House Strafford Place Camp Hill 8irnMngham 8120HT Audltor (Trmerod RLrtter Limited Chartered Accouniants The Oakley P&'dderminster Road Droitwich Wor¢estershire WR9 9AY Senior manag•m•nt team Chief Executive- Stevèn Thornson Head of Operations - Sukie Binning Heatl of Finance- Samantha Humphray Soli¢itors Powell & Co 9-11 Coleshill Stroet S￿tOn Cddfi8ld Birmingham B72 1SD Bankers Charity Aid Foundation ICAFI Ltd 25 ￿r￿JS Hill Avenue >QNJs Hill West Maling ME19 4JQ AGE UK BIRMINGHAM LIMrrED (A Company limited by guarantee) CONTENTS Page Chair's rewi Chief Executive's rewt T￿￿tees, raport 4-14 Indepenttent 8￿jitor'S rep￿1 15- 17 Consdidat8d statement of financial activities 18 Con501idated b818nce sheet 19 Cornpany ba13nc8 Sheet Corffjolidated st*ement of cash flow5 21 Notes to thè ffnancial statements AGE UK BIRMINGHAM LIMITED IA company limited by guarantee> CHAIR'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 The charity ended the financi81 year with ¥ FTN)dest SU￿￿$ of £31,861 whtch was a highly notèworthy achievement against a backdrop of the challeng8s fa¢Jn9 both our cthz8ns. who use our s8NiC8s ar#J ¢omrni85i0ne￿. ourcib.zens continu8 lo bg affeded by the cost-of-living crisi5 Wlth ils impa¢t on daily Iiwng including food prI￿S and energy costs. The charity ha5 soughl to become MO￿ adaptable in responstr to these challenges. A new >year strategy h8s been itllplemented based on 4 pSllèrs of being more re5pon5ive, supportive and being yet rnorg responsible and sustainaNe. During the year. Age UK Binningham 50ughtto diversify its funding sources, which became even rnor8 ifflportant w!Ih the ènnouncemenl by Birmingham City Council that il had filed for section 114. It is positive lo note that thin we8ks the welcom8 news was ￿CeIved that recent bids to renew our core swices had been successful and renewed for the next 3 years. During the year. the ¢harSly undertook 8 review of fts policies, procedu￿$ and govemance to ensu￿ the ciganisation kept P8¢e with post covid operating environment. This review was also excellent preparation for the Age UK CQS quality asspssrnenlwhich was held in May 2024 with the rharity being successfully accredded. As Chair, it has been heartwamiing to witness the (Jedication of our etnployees and volunieers. Whi15t living with the Cost of li￿n9 and Cornmissi￿er Ehallenge5 Into lh8 n&xl finanGial year, the Board DI Trust88s are confident we will still be ther8 lor older peop￿. Da¥l 24 was a particularly challenging year but une which saw the organisati1￿ rise. and grow despite tho challenges If faced and continue to devdop and overturn its deficit bjdget. Wdl don8 everyonel steven Thomson AGE UK BIRMINGHAM LIMITED IA company limited by guarantee) TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Tru51ees their reF¥xt flnanclal statements for the year ended 31 March 2024. TkEfrnar￿lal slalement5 havgbeen prepared in accordancewith Iheaccounting poliaessetout inrK)le 1 tothe financial staten*nts and cornply withthecharrtls Memor8ndumandArticlesolA550aation, thecompanies 2006 and'Accounlingand Reporting by Charities.. SlatementofRecornmended PfaCticeapplica￿etOChar1ts. preparing theiraccountsin accordancewilhtheFinancial R8POrtiroStsndardappliCab￿in IheUKand R8publc of Ireland IFRS 1021. leffeGlive 1 JarnJary 20191. Since the company qualifi85 as small under section 383, tha stralegicreport reqUI￿d ol m￿lurn largg companie5 under the Companies Act 2(x)6 (strateg￿ Report and Directors Rewtl Regulations 2013 has not been provided. OBJECTIVES AND ACTIVITIES The Focu5 of Our Work The objects of the Charityare to promote the follow*ng purposes for the benefit dthe publicatvyor older pewe within the Area of Birmingham and surrourvjiw areas.. preventing or relieving tho p¥)verty of older pEo￿e., advancing educ*ion'. preventing or rdieving si¢kness, dseasa or suffering in older people (w￿th￿ omotional, mental or ysicall., omoting equality and diverslty". omottn9 the human rights of older wple in accordanc6 Wlth tha Universal Declaration of Human Rights.. as515ting older people in ne8d by re850n of ill-health, social exclusion or other disadvantage.. and such other charitable PUTposes for the benefit of older people as the CharityTruslees fromtime to tirr de¢ide', Th8 outcomè of tlis being promoti￿ of the wefl-being of dder peopl¢. Purposes and Aims Age UK Birmingham knrnited is established to promote the wellb&ng of elderly people and their carers In any manner which is now or hareafter deemed as charitable. In order to achieve these pjrposes aNJ airns. Age UK BimirKJhem ha5 adopted the following visic￿, missK 51atemont. val￿5 and strategie objectives for the pertod April 2023 f¢x the next 4 years.. Vision Where people a￿ efflpowwed to INe with dignity. ressxl, goc* ￿81th and wel1bel￿J, and the opr)Jtur4ly to acees5 services. support to meel their needs. Mission To enable, emp)wer and encourage people aged 50+ across Birmingham. SanoWdl and surroundirg area5 10 enrich their lives and live independently. AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Values R85pecl-we provide theoFpc¥iunity lorpeople tobe listenedlo and lOrt￿Irne8d5 to be acknowledg&l and undprstood Empowerment- we support enable P8L¥)le to take contrcl of thwr lives and achléve th8ir goals Integrity- we will act ￿th professi￿alIsM and ensure people ¢an trust our service5 and 5LlPPOrt Equalily-we work to provide equality of access and opwrtunity to Ihe diversecomrnunitiesweengagè with 8nd serv8 Innovatitsn and Collatr*xation- we work in partngr5hip to develop existing and rew services ar￿ work efficiently Strat 1. Wa are visible 8. Being visible lo al oltjer peo￿e, their families 8nd carers b. Building relationships wth key strategic partners. funders and stakeholders Being lully engaged with Integraled Care Systems . Markellng arKI prcynoling wlh impact and value 2. We ale r8presenlative of all older people a. Listeniry lo th& diverse needs of local dder people b. Enabling ddgr kEoF4e's voicès to te heard Supptrb'ng our local popu18tions 3. We are supportive and responsive lo ensurè that older FEople flourish Providing inforrn3tion advSce across all communitie5 through multiple chamds b. Ensurin9 dder people are valued and integrated in lo their community c. Maintaining ir￿epe￿[f8nce through (yjr sèrvices d. Developing new services in reswnse to the identified ne8d5 of older people 4. We are a responsible and 5UStainable organisalion a. Developing a positive culture lor all our psoplè b. Managing risk reswnsibly c. Being financialy sustainable d. Using resources responsibly and effectively e. Ensuring quality is mea5ure(S and pèrfoimance M￿ltOred. How Our Activitie8 Deliver [￿blIC Benefit Having given Careful consideration to the Charity Commission's guidanee on putlic benefit, the trustees are satisfied thal in wking to aehi8ve these objectivesAge UK Bim)ingham is demcmstratirvJ the pu￿1¢ benefit of our work. as defined under the term5 of th8 Charities Aet 2011. ETh8uri Our Work Delivers Our ￿rn$ We regularly review our aims, 0￿"eCtiveS and activitlès. looking at what wè achieved through work in IF previous 12 rnonth5 and the outcomes forolder people. The review considers the succe5s85 lessons learnt foreach keyactivitygndhdps us toen5ure that oJr aims, objectives and activiues retnainf¢xused on our stat purposo. AGE UK BIRMINGHAM LIMITED (A company limited by guarante9} TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT} (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 OUR ACHIEVEMEMfs IN THE YEAR 202>24 Present￿ u)ique challenges for dder individua15 as they navigated life post-p3r￿8rnIC. Adjusting to a changodworld requIr￿r&s11le￿ceandadaptabl1ity, e$￿cIallY given Iheongoing Costof Living Cri81& Butamiltst these difficultie5, our unwavering comtniim8nt to dder people remained steadfast. As the months unfolded, we secured additiond funding. With these resources, ￿ expanded our services and activities, providing clder rRcFle with nx)r8 1)pportuTht£es to eryJage, learn, 8nd thrive. Information and AdvSc• r dedicat￿ team ol expert advisers ￿ntinU￿ to enatAe, ernFK)wer and enccMJrage dder citizens of Birmingharn. to access Servi￿5 which enabled tIEm to stay independent and make informed choice5 ￿lati[¥j to their ne8ds. The team 8$sisled people with welf8r8 iEnefits. consumer enquirie5. pensions advice, trKiusirvJ options and form filling. Where needeil. we were *)le to connect Fwple to specialistsupwrtdebl, htyjsing etc. Ihrough our well-established networks. Telepho￿ and face to face rernained the most powlar meth¢>J of contactwth our c5ients. fdlowed by a smal centsge of service delivery done via ernail post. During the year we incr8ased our accessibility through regular outreach 5urg8rie5 where older people could seek information, advic8 and suppcrt. We opened our sixthoutreach surgery at The Hub on Green Centre in BoLrnville in Febru8ry 2024. 23,464 contacts with dder people seeking thice 41QA enquiries related lo wdfare benefits £2.6 Million worth of benefit gains 4.389 signposts and referrals to other agències °Irecommend8dyou tomyfrienGI because of Ihe help, support, and comp8ssionyou have shown. Absolutgly, amazed at the supwrt we receAved. You do not get the recognitionyou desefrve.. 'Just wanted to Ihank you for thg help &)rJ supportyou gave to myself8nd my brother when we sawyou èt 8ownville Hub on Friday in conn6Ction with his Blue Badge applic*ion. Again, many thanks.. "Age UK advisorwas wonderful. she took herlimeand cl88rlyexplainedeverythingthat was required. I feltlik& an individual who m&8ns sometlmng lo oth8rs. I feel feedback suNoys 8r6 r8811y in7POrtant." -Just wan18d to say & INg TrMNK YOU, for allyour h*lp and yourlime spent listenlng to me when I know you are busy. You have ¢h8nged my life and I'm so grateful. I no longer have lo worryatjoul ￿/1$ and I didg8t th8 Blu8 Badge. May you be work you do, the person you are and the dIff￿nCe you make." AGE UK BIRMINGHAM LIMITED IA company limited by guarantee) TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Memory Care SeThlc•s Our Memory Care Day Servieoprovides specialisedcareand support for irdividuasswith dementia. The serv is delivered by highlytrained staff to promote independence, dignily. and overall well-being for individuals liv￿ th dementia. W8 offer a sale and structured environment wth our ok*n transFQrtwhere clients can engage in therapeutic activities such as cognitive stimulation, physical exercise reminiscence. soclali28With others who are on a similarlouin8y and receive assistance￿th daily tasks. The goal ol rnemory care day swvic to enhance the quality of life for clients within th8 cornmunily, whilst also woviding 5UPPQrt and Tespielor their carers to reduce the breakdown of rèlationship5 and the need for lull time care. 56 people Ilvlng with dementia provided wth in-depth 5UPPOrt 176 memory Care Sessions delivère 1,834 attendances "Ilove th8 d8ycentre, it'5 lh8 only lime I feelindependent togo oul of the house on fftyown. I ggtrnysettdress&4 and wait for the tran$p(Nt lo pickme up, l enjoy gthng around and picking myfriends up too, its like were a taxi and going OUÈ iogether. we￿ never lold what we can and cant Llo antl theres always plenty of activitses available, I lov8 playing larg61 gan79s, il keeps me active. 7he $tèff never treat me like I have dementia. Ihey treatme Ilke a nom7alper50n and encourage me lotrynewthirys. In? sohappy when 1gath0n￿, I dony always remember tyvhat done but l always knowltre had a day."_ Client from centre 'WithoLrtth& help of th8 daycenlr8 Iwould notbe able tokeep myhusb8ndat home with me and he woulLI have been put into a Ca￿ home a long lime ago. I was at b￿akIng￿l￿[ and finding il h&rd to 8ven s189p. Now I f681 like l am gelting my lif8 back and stillbelng able to Care formy husband. T1￿ siaff have changed our liwesand I will b8 forever grateful toyou all. Thank you Carer of client Dèmentla Carers Project At tha startolth6 y88r, we joined the Bimingham Cwers Hub partnershiptoenhance support forunpaid carers. The partnership offer counselling, 8ducationa workshops, ￿ ststuiorycarers assessments. Our sp8cificTO withtn thls partnership istocre8tè8nd est8blish carersupportgroup5 a¢TOSS thecity. ialloringthemtothe unique needs and demands of each ¢onsiituency. We launched the Dementia Carers Hub Project, through this initiatiV8, W8 provide essential tools and sUPPf to unpaid earers who care for I￿lIvidual3 living wth dementia. Our team ensures that earers receive the necessary resource5 while also taking care of themselves. During group sessions. we offer guidance and support through gue51 speakers, open conversations. and awarenes5 sessions, Through these we strength the resilienceof carers, enabling them to mee the challenges of being a carer, whilst also looking aftertheir own health and wellbeing. DurirvJ the first year of this prqect. the dedicated team-. EstaNished 17 group5 across the city Supported 181 hidden unpaid carers to better cope with Ihe challenges of earirg for a loved one wth dementia. -Put on ￿cordhoW much this group means to me. Its be8n one of the belter thlngs ffn my life. The friends ltre me( since joinffng th8 group have becorne famity, who I feel l could not do Mthout. My life has less Stress having thè people in the group ar0(w￿ me wng Ihrough a slmilar situation."_ Carer from Den￿￿£$8 Care Hub AGE UK BIRMINGHAM LIMITED (A Company limited by guarantee} TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 '13m amazed by all the supwrt Ihatis availablè in &rrningham for unpaid carers, I￿9 bg8n feelirNJ so isolat for so long, lkn so glad I found this sewice. I h8we been given so much valuable information for me and huslKnd, I rN)w 8ttenda support group Ihal givesmeres￿t8rrOrnmY husbancl and mède Some newffiends. The group toldrne about 8 group formy husband Ih8t runs at the same tinye so I don¥ have fo rush bxk, h8 went for the first-time last week andabsalLrt8ly loved it, he couldnl stop falking about it.. Telephon8 Befriendlng The Telephone B81riending Servlc&is a lifd1￿ for older indivlduals. particularly those grap￿ir0 with lon81iness and isolation. Our compassionatevolunteers erKJage in friendly conversations. ensuring that even those liviro far from loved ones have someone to talk to. Beyond companionsh'p, our service provides a sale haven fcy older people to share their concerns worries. This trusted sharing has ènabled our Wellbeing Team to tske proactive steps in saf8gu8rding and supportiNJ the most vvlnerable housebound individua15. Through small bul impactful interventions, we empower eiliz8r to lead happy. healthy. and independent live3 Wthin their own horne5. IM resp￿se10 mid-yearfunding charrtJes, WeWe￿ excitedtotransition ourserviceintoa￿oader iniliativecalbj 'Friends Fir5l.' In parin8r5hipwilh Age Coneèrn Birmingham, this prolect not only offers telephoro befriendl but a150 in-p8rson friendship groups. We eagerly anticipate expanding these social opportunitie5 for older adults. 260 older peoplè received weekly frfendship ¢8115 5.464 support calls across the services 55 volunteer befrienders supported the service is like a lifeline for me. Mylllnassmeans I lireeasity, anLI Ihis 14 justperfect forme as ItAS not loo muGh. The other ladies and myself, we have all connectEd and we are becoming friends. Wegive each other advice, and this makes m8 f881 uselul. I feel uplitted ty this experience.. °Ihav8 ￿allyClIck8dwi¢h Susan on lh8 Sunday chatand w8 f8dilkefriends. I reallylookforwardto the Sunday chat." Wellbelng S¢xlal Engagement Activitie5 Our dedicated Wellbelng Team curates a diverse range of opportunities for older individuals to pamicipate in physical and social aclivilies. Atthe heart of our wellbeing services liès a holisticlocus on physical. emotional, and rnental health. Th's approach has led to the eslablishrnentof engaging walking groups, invigoratiro Pilai8s sessions, creative art experign¢e8 for wellbeing. and a nurturiro gardening group. While most of our 8clivilies lake ￿ace in p9rson, we also offer telephone-ba5ed options lo ensure accessibilty for all. Our ¢ornmitmentto inclusivitydrives us to continually refine and expand our offerings based on valuable feedback from our participants. By rth)INJ so. we strive to meet their aspirations and caler to th&r vari8 Intei8sts. 418 ojder people suppcrted 17 differént 8Ctivities 615 activity sessi￿5 dÈlivgr&Y 5.464 attendance5 442 signp)stslr*ferrals 17 volunt8Èrs supported the activitias AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR ThIE YEAR ENDED 31 MARCH 2024 Durtng tTr￿ year we also workwj with a numLw of corporate partners who have support one of events such 85 the Christmas Tea Party. "It is smashing. I really enjoyedil, and Jrrifer fthg host) is Trally g¢￿ and wg have a laugh too. . "l enjoy the garden chat. Jennif8r is very knowledsFable, 8nd I get to share what I know l(K)." _ Telephone Garden Chat Participanls. 'It is Im￿rtant to 1￿cauSe you have lo kw yourbran active. and the q￿Z really helps. l Sm ery'oying il and I lik8 Igarning." Telephone Qijiz Participanls "Ihav8 justbeen trhe firsttimeand (h8 P80ple We￿ reallyfriendlyand it was nice logst oul and Èo talkto people w￿ch is lovsly." _ Ffryendship Group Atlendee "l Can feel the differsnce every week aftgrlhe Pilafes. It is making 8 re81 difference.". Pilates Participant "I have issu8S With anxiety and do likegL*ng oul alone bul look a chance with the walkinggroup andnow I rgallylook forward to it and leel disapwnted wh8n I c8nnot come. I fi￿e mad8 friends. and my confide￿e Incr8ased." _ Walking Group Participarpt Edgbaston Neighbourhood Netsvotr* Schomè IENNSI ENNS is dedicated to 8nhancing the local communitys offeringsfor older individuals and those aged 18+ wth additional needs. Our c￿mItted team identifies, map5, and supports community activitla5, services. and resources. Vwe providetrainiry and development assistancetothesevaluable'community assets.. Cdlaboratir c1os8lywith stakehdders liketh& Localitysocial Work Team. ENNS also identtfies1(Kal gaps and collaborat* with the community to addr855 these needs. Throu9hcArt the year, we awdrded 34 microgrants. Notably. these grants havè Incr8asingly served as seed funding for pilots and taster se55ions. This strale9iC 2pproach allows community assel5 to cdlect essenti information and feedb￿k about cornmurNly needs while fostering citizen engagement_ As a dI￿t outC0rn8 of this initial actlvity, theseassets are better rxjsitioned to seek larger grants withthe unwavering 5UPPOrt ol our NNS team-and ultimaleiy iNtrL￿Uc8 new activits.es and sarvsces tailored to the ItKal corTTrmunilys uniqua requirements. In ad¢Jibon. we f8cilitated 9 capaclly-bulldlng training sessions, which received enthusiastic attendance and silivefeEdb8ck. These 5e55ions covered a range of topics, from Safeguardlng Vulnerable Adults to Mental Health First arKI crafting effective fundraising slraiegies. Edgbaston & Northfleld Dl9ltal Llteracy Project Digital ￿ter8¢Y Prqect in Edgbaston and Norfhfield, ddivered in ￿rtnership with Northfield Community Partnership ended in October 2023. The project enab]ed us to support older peopla to build their diglta confidence through the provisi￿ of a digital lending library back&J up wlh learniThJ sUPPOrt at drop in sessicr hehd at various I￿al cc¥nmunity venues. "Myaunt Wanted me to Idlyouthis has changEd herlife dramatically. shènow wishesshe haddone thisyea ago and thinks your service is wondèrful." "This progrèm h8s changed not justmy Moms life btrt ours tool Our 5 minute weeklyphone calls have now tumediftlo twice weekly (sometimes more oftèn) vid80 chats. Whilstlhis proiecthas ended, it h85 gnabled us to testa modèl whichwill be rdled out 8cro55 Ihecity nextyear. AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT} {CoP￿INUED) FOR THE YEAR ENDED 31 MARCH 2024 Home Falls Preventlon Sèrvice Our Home Falls Prevention Servic8 SUPPrts olderp8ople to reducethe rfsk of af811 at home ty fitt[￿ equipn& and making mlnor changes around the h￿jSe. In addition to this th8 t8arn trained lo become Oocupalio Therapy Trusted Assessors. 417 households received 8C6 f￿13 rneasur¥ lo ensure thelr safety at h¢)me. 32 Occupalicrpal Therapy Assessments carried ¢xrt. As part of our Winter Warmth Programrne. 154 househoJder$ received a Home Energy Assessment and uipment, with energy saving measures put in place. "Ih8verails inslallodaltopof Stairsba￿St8r. one oulsitye th8 home on the wall aFyd on8 on the utilityrocNn5fe They are ex£￿IllelYVSefu1. The Falls Officer thoroughly che¢kedeverything to mak& sure there w8re no other risks, 8ndeveryllJing was accessible, includin9 è bothing assessrnentancl making stwe we were rnjt al risk falling out orbed_ This SerV￿Ce h8s been valuable to myself andmy husban "The servicehas b8gn veryuseful. I h8d grab rails installedal front dLW whichh8lps me. and my husb8ndgel in and out. The tralleylhatyou arranged fromOccup*ionalTherapy only It￿ 3 days to te£leliveredtoo. Thank you so muchlll" "I nevèr felt so supplyted by an orgarri88tion who und8rstands my ne6ds as a ca￿r and husband livingwith demenlia. Myhusband bvas like 8 prisoner in his own home. Mfilhoutthe day Gentre and now the support frLvn th6 Falls Prevention leam. w8 feel seen anL¢ know things are goin9 to b8 ok." Stepplng Out- F¢)otcare This is a lowlevel fcotC2r8 service provided to Dudley residents. Promoting the importancè of fool health fc those not eligible for the NHS rKdiatry service. 577 fo)tcare treatrnents completed 175 enquirie5 received 80 ass8s8rnenls cornpl8t8(J 'Lovely nail ¢are lady, I loved the Irealm8nt- very professi(vpl. Looking fonvard to coming back.. .1 always feol like dancing èrt er ltre ljad my feet done" "I had problems with myfe&t fora bvhile- veryhappy ￿th what youcan provid8. You do more tl)an myprivale podiètrist didl" VoluntÈer Support Volunteers are at the core of our services and th￿r generws SUPFK)rt and dcnalion of tlmo w8ble us to d81iv our portfolio of s8rvi¢es. More than 50% of our volunteers contrtbuted to the Tefeth)ne BefrieThJing Service, a flexible. r8rn0te volunteering opportunity ideal for those who want to halp bul have Ilmlled tlme. 93 active volunteers 9.672 hours of support £120.900 worth ol tlma dc￿01ed 10. AGE UK BIRMINGHAM LIMITED IA company limited by guarant901 TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORTI {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 'When I r811￿d frcTrrn nursing, l suddenly hacl Iree bme and fEI£ disconnected fmm a work I'd been done for 40 years. Volunteering in lh8 dementiè day centre enables my desire to ¢ate lor olher5 and gwes me Ihat warm feellTrg inslde. Itkeeps me connected.". Day Centre Volunf6er .1 chosg lo volunt89r with Ago UK b￿alls9 l their ded￿a￿"On and have b8ngfrted froffl thoirsupport In th&p8st. With myb8Gkgmund in Working with old8rpfopl8, volunta•ring hèr8 feKnatural. andltr8 f0fft78d many las&ng frtendships."_Actiwilies Volunteer (Coffee Malesj e¢oFning a bgfriondor can mgan worfrj to som8Dody, to h61p kg8p gheirlon61iness 81 bay, but if truth b6 £old itm88nS the worfGlto me too andlhave learnedso much frofft this. 88fri8nding issorn8thing 18m gxtrem81y proud of 8nd value so much.°_ T&lpphone B8fri8nder GROUP FINANCIAL REVIEW Reservès Pollcy It is the policy of ihe Trust&es to maintain a lèvel of reserve5 sufficient io ensure the continued operat￿n of Ihe charity's acbvilies. Th8 twslees have examined the requiretnent for free ￿ServeS, which 8re those unrestricted funds not invested in frxed 85seis. designated for specific purposes or irrevocable comrnitted lo specific projects. The trustees consider that the minimum Lgvel of free reserves of thg charity Is rep￿sented by a sum equivalentto 3.5 months t)udgeted salary costs and 12 monlhs, budgeted rent. This would require a minimum a￿o￿nt of £284.606. Net Movement in Funds During the finan081 year ended 31 March 2024 iotal fund5 balances increased from £720,721 to £776.78S. Tho amount of fe5tricled balan￿5 decreased from £115,643 to £10e,235. Total income of £1,368,488 exceeded total expenditure of £1,313,723 producing a surplus of£52.765. Going Concem 7he accounts have bEEll prepared on a golng concern basls as thè trustees conslderthat Ihey have aFpmpri8te Jnding and reseNes N Pla￿ to continue to provide service5 and STJPPQrtfor Duf 5erwce users. Voltsnteers Volunteers play a crucial role in tha eharity and the dalwory of services. Thè hours (xjntribuled by volunteers are Trot formally recorded wrrenty but alè vital to ddlvering the current quality services for older peoplè in the cily. 11 AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governrng Document Age UK BirmirvJham knmited 15 a company limited by guarantee (company registtred number 073343921 wh5ch was incorpoiated on 3rd August 2010 and which achieved charitabl8 statLJS w 4th October 2010 (charity registered number 11382401. The charitable company was eslablish8d under 8 Memorandum of A$s￿18tionwh1¢h establishgj the cl)lects arKI power5 of the charitable comp8ny and is govemed by its Articles of Associaiion. In the event of the charitable cornpany being wound up members are required to conlribuie an amount not exceediNJ £1. Recruitment and Appointmen¢ of New Truste85 The Board of Trustees are reS[￿S¢ble for the apwintmwit and remova of members. All trustee5 give ther time volLJntarilyand r￿e1ve benefits from the charity. Any expenses reclamed from the charity are set oul in the notes tothe financial 51atemenls. During 202>2024 two newtrusteesjoinèd the Board afi¢J three trusl re519ned. Marcus Andrew Jordan Tapshum Pattni Benjamin Richards David Sykes Dr Rashda Tabassum Darrell Harman (resigned ￿ 28 Augusl 20241 Nicholas Hwe (appointed on 05 June 2023 and resigned on 12 January 20241 Gareth R8ynolds (appointed on 05 J￿e 2023 and resignèd on 31 July 20241 Induction Trainlng of New Trustees As part of th*r induction prr%Jrarnm8 new trustees are mad8 aware of their res[m)nsi￿"11tles as Ifustees of Age UK Birmingham Limited. Thi5 induction inclvdes an introduction to the objectives, sccpe and policie5 01 the charity and inlorrnalion on trustee responsibilities togetherwth a copy of the charity's previous year's financid statements. Previously identified training n88ds relatirYJ to crisis and risk manag8menl was put on hold as the pandemic's impact lessenwj througho(rt the year. We will continue lo rnonitor on an ongoiro ba513 alory ￿?th other training needs. Or9anlsational Structure Age UK BirmlrKJhatn Limited is ciganis￿j so that ils management cc*nmiltaè meets regularly to manage tha charity's affair5 and 1￿MUlate ￿licY. There is also a sub eommittee for Finance and General Purpose which scrutlnize iSSL￿$ and make recommendations proposals to the Board. Ffnally. the 8oard and Senior Management Tèarn convene to fom a 5ti8tegy team to ensure that in light of Socio-ec￿0miC and pditic changes, th8 charity is (bing all it Can to femain focused on its rnission and aims. A scherne of delegatton is in place and day to day resF¥)nsibilityfcrthe provisir￿Or the charity's services r*ls with the charity's Cknef ExecultV8 Officer ard Chair. 12- AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Chief Executive Officer Is respon8ible for implementing the strateg*c plan and ensuring that Ihe charity d81ivers Ihfy services specilied and that key pèrforrnance indicators ar8 mel. The Chief Execullvè officer also has responsibility for the day lo day operational management of the charity, individual Supervision of the staff team and ensuring that thetearn continues todeveloptheir skillsandworking pr3ct>c4s inlinewtthgood￿￿tr￿. Pay Policy for Senior Staff The directors consider Ihe board of directors, who are the charily's trustees, and the Senior managotnent team comprise the key management personnd of ¢he charity in charge of directiro and controlling, running and operating the organization on a day to day basis. All direct￿5 giveof their time freely and no director receiv&1 remuneration in the year. Details ol directors. expenses and related p8rty transactions are disclosed in the w￿leS to the acccMJnts. The pay of senior staff is reviewed annLfdlly and is considered against pay1evels ot sirnilar sized charitable organisations. Risk Management The trustees have a duty to identify and review the iisks to wtNch the charity Is exposèd and lo ensure that appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have idenh'fied and reviewed the fangeof risks towhichthe charity is exposed and havetaken steps to manage thern. The trustees are satlsfied that appropriate controls are in place and confirm that th6 organizal'on has thè resources in place to ¢onlinue lo tn88L its ¢haritable objactives. FUTURE PLANS We are dedicated to d81ivering our strategic plan with a renew¢d focus on strengthening rdatiork8hips a¢r￿S all sectors to provid8 more services for older peo￿e. Over the next year. we will WOTk tird8ssly to rasa thè profile of our eharity. rnaking it more visible lo citizens, Ihair families, and carers. We will a180 focus on E￿Ildi￿j new relatio￿hip5 with fun(krs, comrnissionws. and withln the Int￿rated Caie System and Intograt8d Care Bo¥d. th8 local NHS and health sectors evdveand new preventaliveserv opwrtunities arise. Our commitment to ernpowering and representing older people remains unwavering. Throughour newlyfomied ageWi5e project, we will continue to listen to their needs. encourage their volces to be heard through the organisationsfeedbacksystems, and supportthem in xc8ssing theservice5 theyFkedfrra more manageable, financially sustsinable, and comfortable later Ille. We ¥wll providè the best possible information. advlce. and guidance to older wple. &speci¥Jly during these tlrngs of financial pressure. empowering them to manage changes in th8ir lives. We will listen lo t￿1[ oolleclwe voice and develop S￿Ice$ that manlaln independence and break down barriers causing so¢ial isolation and digital exclusion through our r￿W service delivery mcrfjels. As we grow and develop, we will do so sustain8bly and responsibly, ensuring our systems and f￿¢tIOnS are effective and effici8nt. Our approach to risk, resource managèment, and financlal sustainatmlity will be centra to our opèrations. ensuring the k51 OLrtcomes for our older citizens ntsw and in the future. Looking ahead. w& anticipate a new partnership ￿ree[￿ent￿ith Age UK. thich will shape our Telation5hipwth National AgeUK. In the coming fflonltrts. wew511 contribute ryjrexpertiseand kmwledge tothis woce5s, ens(MriJ we are stronger together and better placed to support older PEopA8. To sutwrt these translomiation$. wewill Continual￿ revivwand re-examineour designated reservestoensure the sucossful ddivery of ow strategy and the future su51ainablllty of the (￿anIsatIon into future. 13- AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED} FOR THE YEAR ENDED 31 AIARCH 2024 Statement of trusteas. responsibllltlos The trustees (who are also ofrectors ol Age UK Birrningham Limited for the puipo585 of ¢(xrpany lawl arg respon5ide for preparing the Trustees. report the financial statements in accordance with applicable law and United Kingdom Acccxjnting Standards Iuniled ￿'ngdorn Generaiy Accepted Accounts'ng Praetl¢e). Company law requires the trustees loprepare financial slatements f¢x each financia year which give a tfU8 and fair view of the slate of affairs ol the chariL8tle company and of the incoming resources application of resources. including the income and expenditure. of the charilable company for that period. In preparing the financia statements. the trustee5 are required to.. Select suitable acccMJnling policies and then apply them consistently Observe the methods arKI ￿In¢l￿e$ in the Charity SORP Make judgements and 88tirnates that a￿ reasonable and prudent Slate whether applicable UK accounting stsndards have been followed, subject to any mat8ri departvres disclosed arKI explained in the financial statements Prepare the financial Statern￿ts on the going concern basis unless it is inappropriate to pr&urne that the chantable company ￿11 continue in business. The trustees are reSponsi￿e for keepirKJ proper xcounting recor(Is that disclosè with reaSona￿e accuracy at any time the financial position of the crt8rity and to enable them to ensurethat the finandal statètnents comp with the Companies Act2006. They are alsorespon5ib18 forsaleguarding the assets olthe charilablecompany and hence for taking reasonabl8 steps lor the prèvention an(J detection of fraud and Other irregularities. Dlsclosure of Information to auditors Ea¢h ol the persons who are trustees at lime when this Trustees, re￿t is approved has confirmed that.. $0 far as thht trustee is aware, there is no relevant audit infomialon of which the charitabl8 ¢ompanyg auditors ar8 unaware. and that trustee has takèn all the 5leps that ought to have been taken as a Trusteein order lo be aware of any relevant audlt information and lo eslablishlhal the charitable company's auditor5 are aware or that information. This reth w85 approv￿ by thè t￿￿tee$ on 14 Nov8rrt)er 2024 aNI signed on th￿r behdl by.. D•vld Sykes Trustee and Chalr 14- AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF AGE UK BIRMINGHAM LIMITED Opinlon We have audit8d thefimncial statements ol Age UK Birmingharn Limited Ithe'parenl charitablecornpany'l and Its subsidlarie5 Ilhe'group'l for the year erfed 31 March 2024 ￿lch comprise the Consolidated Statement of Financial A¢livitl8s, the Ccnsdidated Balance Sheet. the Company Balance Sheet, the Consolidaled Slatetnenl ol Cash Flows and the related notes. including a summary of significant ￿e¢xl￿tir0 policies. The financi reporting framework that has been ap￿led in their preparation is applicablelaw and unit￿ Kingdom Accounlir Standards. including Fin8n¢ial Reporti￿ Standard 102 'Th$ FinancIalRepo￿ng Standard aPpI￿a￿le1n Ihe UK and Republic of Ir&land'lUniled ￿'ngdoM Generally Accepted Accounting Practice). In our opinion, the financial stalements= give a true fair view of the state of th8 group and the parent charit&Sle cornpany's affairs as at 31 March 2024 and of its incoming re50urce5 and applicats'on of resources, including its incorne and expenditure for the year then erKled. have been properfy prepared in accordance ￿th United lQngdorn Generally Acc8Pted Accojntk Practice., and have been prepared in accordancewththèr•]uirementsof the Conwanles PLt 2006 and the Charth'es Act2011. 8asls for oplnlon We coThJucted our audit in accorda￿e￿1th Internallonal Standards on Auditing IUKI IISA8 IUKII and applic&48 18w. Our resFK)nsibilities under Ihasestandardsarefurth8r de$W￿dIntheAUdIt0rfS responsibilit￿sf0rtheaudit (* the financial statements sectk)n of our report. Weare independent of the group and parent charItable￿rrPary in 8ccc¥dancewith theethical requren3enls thala￿ rdewdnlloouraudilof Ihefmanoalstaternenls intheUK, indthiryJ the FRC'S Ethical Standard, and we have luifilled ow other ethical resptsnsibilitE5 in accorda[￿e wth th&e requirements. We believethattheauditeviden¢ewehave obtained is suffiC￿ntand appropriateto pr{Wi￿aba&s lor our opinion. Conclusions relating to goin9 concern In authting the financial statements. we have concluded that the trustees, use of the golng concem basls ac¢￿ntFn9 111 the preparation of the financial siatem8ntS is apprcpriate. Based on the work we have performed, we h3ve identified any material uncertwnties rdating to events c conditions that, indiv1duallyorcollective￿, tll2y¢a5t significantdcajbt on the charity'sabilitytocontinuga5 a garg eoncern for a period of at least twelve rnonths from when the financlal statements are authori5ed for issue. Our responsltxlit￿S and the r￿$￿$1b1rt￿s of th8 trustees Mth respect to goirg concern we described in t relevant 58clions of this report. Other information Thè other information comprises the infomatK)n included in th¥ annual report otherthan the financt81 StsteTr￿ts and our auditor's reportthereon.The trusteesareresponsiblefortheother informath)n containedwithin Iheannu report. Our tipinion on the fi￿aT￿la1 slalements L4Jes not cover the other inlormalion and we do nol express form ol assurance conclus1¢￿ thereon. Ourr8sponsibilityis toread the olherinformalionand, indoing so. consk whetherthe other inforrnalion is maleriaRyln¢ons￿tenI wththefinancialstalementsorour knowAedgeobtained the courseoltheaudit, or olhérwiseappears to be materialty mi&%tsted. Ifweidentify5uch rnateriil It￿Onsi$ter￿￿s orapparent material mi%sfr2ternents, weare requiredtodeterninewhetherthi5givgsri5etoamatenalmisstatem&tt in the financial statements themselves. If. based on the work we have perforrned, we conclude that therè is a material misstatement of tPvs other inlomakn"orJ. we are requiF*J to rewt that fact. We havo nothing to report in this regaTd. 15- AGE UK BIRMINGHAM LIMITED (A company limited by guaTanteel INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF AGE UK BIRMINGHAM LIMITED M*ters on whlch we are required to report by exceptlon We have nolhir¥J to Tep¢)rt in respecl of th8 followng matt8r5 in relation io which the Charities (Accounts and Reports) Re9ulalions 2008 require us lo reporl lo you if, in our opinion.. the information given inthe finarKia 5taternenls is inconsi5t8nt in any material respectwiththe IfUStee5' rewt," or sufficient accojnting reCc￿d5 have nol been k8Pt,' or the parent charitablecompany's financial statements are noi in agreernant with the accounting records., we have not Tèceived all the irtormalton and explanatK)n5 W8 require for our audit. R•5ponslbilltles of trustèts 3 explained more fully inthe slalemenl oltrustees, responsibilities.thetrustees, Whtsa￿ a150the directors oft charity for the puT￿¥e ol company law. are responsible for the preparation ol the financial $tatemenls and f(y being satisfied that they givè a true and fair view, atKI for such interrral contrd 85 the trustees determine is necessarytoenablelhe preparation olfinancial 5taternentslhal arefreefrom material misstatemenl,whelherd lo fraud or error. In preparing the financial statements, the trustees are responsible lor èssessing the chariws ability to continue as a going concern. disdosing, as applicaNe. matters relale(J to going concern and using tF going concern basisofaccounting unless Ihetrustees wtFErintend loliquidale thecharitab1e cornpany ortot&e OP8rations, or have no realistic Btternative but to do 50. Audrtor's responslbllltles foi th8 audit of the financi31 statement5 We have been 8ppoinled as auditor under section 144 of the Charities Act 2011 and rep)rt in accc*darte with the Act and rdevant rogulalions made or having gffect thereunder. Our objectives are lo obtain reasonaUè assurarKe about whether the financial stat8tHents a5 a whole are f from material mi5Statement,whetherdu8tofraud orerror, and toissue an auditor's reportth81 indudes*)Jropinth. Reasonable assuranceis a hlgh level of assurance but15 not a guarantee thatan audit condu¢ted In aCCordJ￿e with ISAS IUKI will always detect a material tnisstalerrenl when it exists. Misslatements can arisefrotn fraud cr errorand areconSideredmate￿a1lf, Individuallyorintheaggregat$, theycould reasonablybeexp8Cted toinflu the èconomic decisiow ol users t8ken on the basis tsf these financid siatements. Irregularitbs. incfudingfraud. are instances of n(M-carnpliance with laws and regulations. We design piocedl￿5 in line with our responsibilibe5. Outlined above. to detect materi81 misstatements in respect of irregular**, including fraud. The extent to thlch ojr prctethres are capable of detecting Irregularit￿S, irKludirKJ fraud, is detailed beli)w. Based on undèrslandir6 of Ihe crmpany, we identlfied the principal risks of n(x)-eompli8n¢e Nwth laws and regulalions including those that have a directimpact on the preparation of the financial statements such as the Companies Act 2006, and the exlenl to which non-compliance might have a material effect on th8 financi stalemenls. Audlt pro¢edures performed Included discussions with management, raviaw of board meeti minutes, testing of journals, designing and perfoming audil procedures and ¢heJlenging assumptions and judgements made by manag8rnent in relation to accounting estimates. There are inhargnt limrtations in the audit procedures described above. We are lass likdyto become awara of Inst8nces of nrfft-cwpliance with laws and regulations Ihal are noÈ closely retated to events aThJ transactio reflected in the fina￿la1 slaternents. Aso, th8 risk of not detecting 8 material misstatementdu8to fraud is high than the risk of not detecting one re5ulling from eiror, as fraud may involve delib8r8te concealment by. f(r trxarnple, forgery or intentional rnisrepresentations. or thr￿jgh cdlusitfi. A furtlEr description of ￿Jr responsibilities for the audft of the financial statemènts 15 located on Ihe Flnancial Reporting Council'swebslte at.. htt .'1IwN￿.frc.o .uklaudilorsres auditovs report. nsibilib'es. This description forms part of our 16- AGE UK BIRMINGHAM LIMITED (A company limited by guaranteg) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF AGE UK BIRMINGHAM LIMITED Us• of our ro￿1 This report is made solely tothe charity'strustees, a5 a txty. in accor¢Jan¢ewith part4 of the Charities (A￿(￿￿￿ and Reports) Regulations2008. Ourauditworkha5 been undertaken sothatwernightstsletothecTiaritystnJsiees those mallers weare requir&Stoslatetothem in an auditors, r8FKJrtandfor no olherpurF)0se. Tolhe fullest tsx￿t permitted by law. we do not accept or assume responsibl￿ty to anyone other th8n the charity and the ¢harWs Iru5tees a5 a body. for our audit work, lor thi5 report, or lor the opinions we have formed. Colm McGrory Isenior Statutory Audltorl for and on behalf of Ormorod Rutter Limited Chartèred Accountants Statuiory Auditor Ornierod Rutter Limited Chartered Accountants The Oakley Kidderminsler Road DrO1￿]ch Worcestershire WR9 9AY 17- AGE UK BIRMINGHAM LIMITED IA company limited by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2024 Notes Unieyiricted funds 2024 De$l9nated Re5*rict¢d funds fvnds 2024 2024 Total 2024 Total 2023 Incom• from: Donations and legacies Other income Other tratjing acbviugs Inv65tment income Ch8ri1able actsvib.es 25,241 7,135 278.015 2,118 157.347 1,149 26,390 7.135 287,540 2,118 1,048,305 26,025 9,525 228,485 $40 874.614 885,958 Total Income 469,856 896,632 1.366,488 1,129,664 Ex è dlture on.. Costs ofgenerating volunlary income Fundraising tr8ding Charitable activities 500 500 928 151,171 353.445 106.589 702,078 257,760 1.055,463 228,859 861,3SO 10 Total exponditura 505,116 808.607 1.313,723 1.091,177 N•t Incom 1oXP8ndl¢ur•l before tran5f&r¥ 1&5.2601 88,025 52,785 38A87 Trdnstsr b•tween fvnd5 97.436 197.4361 Nat Incomel (ex￿nditUTel aftsr transfgrs 62.176 19.4411 52.765 38,487 Total funds brought forward 428.374 180.11 115,646 724,020 682,234 Total funds carrled forward 490,550 180,000 108,235 Tl6,785 720,721 Th& Consolidated Statement of Finanual A¢bvlb&s inCl￿deS all galns and 10sS88 ￿￿gnISed in the y88r. All inc0rn8 gnd exp&Adiiur9 dorivg frotn continuing aclivrtl85. Statement of Financial A¢tivlties also compli88 With the requirements for an in(x)rne and expenditure a(wunt under the Companies Act 2006. The charity has t8ken advantageof8ection 408 ofthe Comp8nEe$ Act2006 not lo publish its own Staternent of Financial Actpiilies. 18- AGE UK BIRMINGHAM LIMITED {A company lirnited by guarantee) CONSOLIDATED BALANCE SHEET AS A T 31 MARCH 2024 2024 2023 Notes Fixed assets Tangibl? ass8ts 16 27.238 27,238 28.765 28.765 Current a$$èts Debtors Cash at bank and in hand 18 185,027 757,476 942.503 107.708 719,903 827,613 Cred(tOrn.' 8snount8 falllng due within one yeai 19 1192,9561 1135.6551 Net current assets 749.547 69195fj Total a6$ets I￿$ currsnt Ilab511tles 776,785 720,721 Total net assets 776,785 720,721 Chawity funds Restricted fun¢Js Designated funds Unrestricl&Y furnds 20 20 20 106,235 180,000 490,550 115.643 180.000 425.078 Total funds 776,785 720.721 Thg cornpany v4as 8ntilled to exernption from audit under $8ction 477 oftho Cornpanies Act2006. Thg rnomb8rs have not required the entity to obtain an audrt for the y8ar in question in accordance with Section 476 01 the Companies Act 2006. However, an audit is required in a¢corrJance with s8ctioTh 151 of th8 Charities Act 2011. The Trustges a¢kn¢)wledge their re$pon$ibiblies for Complying wlh the r8qLNremenls of th8 Act with rèsp8Ct to a¢countin9 records and preparatton of financial stalemonls. The financial staterrents have been propared In accord8n¢e ￿th the provisions appI￿Gable to entit￿S subject ID the small comp8nies regine. The financial 5t8tements were approved by the Twste85 14 November antt slgned on their behaw by.. Dav Trusiofr and Ch41r Compat)y Registration No. on34392 19- AGE UK BIRMINGHAM LIMITED {A company limited by guarantsg) COMPANY BALANCE SHEEr ASA T31 MARCH 2024 2024 2023 Notes Flxed assets Tangib18 assets Invp5tm&nts 16 17 27,238 250 27.488 28,765 250 29,015 Current assets Debtors Cash at b8nk and in hand 18 415,860 315.650 731.510 211.517 414.125 625,642 Credrtors: amounts falling within one year 19 1174,7731 1104,3421 Net curr8nl a$$gts 556,737 521.300 Total assets les5 Current liabiliti*$ 584.225 550.315 Total net asset8 584,225 550.315 Charity funds Restricted funds Designated funds Unre5tri¢ted funds 82.744 160,000 341,481 84.723 160.000 305.592 Total funds 584,225 550,315 A¥ pertnitted by $408 of the Companies Act 2006, the (xJmpany has not presented its own statem8ntof financlal actlvlties. The company's net tnDV8m9nt in funds for U)e year was a surpbJ5 of £31,861 12023.. su￿lUS ol £12.2971. The TrtJst8es have propared group 8ceounts in 8ccordan¢e with sedion 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. These accounts aro prepared in ac¢ordance with the special provisions of Part 15 of the Cofflp8nies Actrelatsng lo small companies and constitute the annual a¢￿Unts required by the Cornpanies Act 2(A)6 and are for ¢irculats"on lo Membe￿ of th8 company. The financial stslements weTe approved by the Truste85 on 14 November 2024 and signed on their b8hdf by= Davl ykes Trustee and Chair Company Reglstratlon No. 07334392 20- AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 Notes 2024 2023 Cash flows from op8rating act5vltles Cash generated from operations 121,305 Cash flows from investing actlvlties Purchase of tangible fixed assets Interest received 110,4011 115.9281 540 Net cash US￿ In investlng actlvltl•s 8,283 15,388 Change in cash and cagh equivalents 37,573 105,917 Cash arKI cash equivalents at beginning d the year 719,9)3 613,966 Cash and cash gquivalents at end of the year 757,476 The notes on pa9e$ 22 to 40 fo￿ partofth888finanual staternenls. 21- AGE UK BIRMINGHAM LIMITED IA company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies Charlty information Age UK Bimiingham LirTrted is a private cornpany limited by guaranlee incorp)rated in England and Wales. The reglslèred office is Stratford House, Strattord Place. Camp Hill. Birmingham, B12 OHT. 1.1 Accounting conventiot) The financial Statements have been prepared in aBcord8n¢e with the cJHritYs rnernorandurn and assotiab"on. the C￿npani&S Act 2006 and 'Accounting and Reporting by Charities.. Statement Recornmend8d Practi￿ applicable to charities preparing their acctyjnts in aCcOrdan￿With the Finan¢ia Reporting Standardapplicableinthe UK and Republic ol Ireland IFRS 1021" (effective 1 Janu*y20191. The Charity is a Public 8enefil Enlily as defined ty FRS 102. Theconsolidated 5tatementoffinancial actiwbe5includesthe re5uN50fthecharfWswhotty owned subsidr*i Age UK BiminghamandThe 81aokCountryTradiNJ Limited 1wrnpanynum￿rO29o427Ql andAgeConcwn Sandwell Vas Age UK Sandwdl (company nurnber 039384841 on a line by line basis. The Ilnèncial stalements are prepared in sterllng. which is the functional currency ofthe charity. Monetary amwnts in these financial statements are rounded to th8 nearest £. The finar￿131 stslements have been wewed under the k4Storica cost conv8ntion. The prfncipa accounting policies adopted are Set out below. 1.2 Legal status of the charlty The charity is a company limited by guarantae. The rnembers olthe company include the trustèes Damed on pag8 the company information page. In the event of the charity being wound up. the liability in respect of the gl￿rantee Is limited to £1 Fer member ol the charity. 1.3 Golng concern Al thelTm&of approving Irefln￿¢Ial slatemenls, thetrustees havea rea50nableexFEclatKnthatth8 charity has adequate reS￿rceStoeQTrt1nUe in operational existencefor the foTeseeablefLrturè. Thus, the trust continue to adopt the goiry Cr￿cern basis of accountlng in preparing the fin•￿181 Stat￿ents. 1.4 Charitablè fund$ Unrestricted fvnds are avallable fry use at thè discretion of the trust885 in furtherance of their charitable 0￿"eCtives. Reslrictedfunds arè Subl￿tt0 specific condilicfis by donors as lo how may bè usÈd. The purwses d uses of restricted fun¢ts are set ovl in thè not95 lo the fina￿1￿ statsments. Designalgd fvnds comprise unre5tricled fund5 that have bèen set 85ide by Trustees l(K parti¢uJar purpDses. The am and use ol each designated fund is sat Oth in the notes to the financial statemernts. AGE UK BIRMINGHAM LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policie5 Icontinuedl 1.5 Ineomin9 resourc l incoming reswrces are included on the Staternent of Financial A¢livitse5 when charity is lega entitled to the income and Ihe arn￿1 can b? quantified with reasonable a￿uracy. No aThounts are includad in the financlal st8Èements for serviees donaled by volunteers. For legacies, entillernent is the earlier of the legacy being received or the charity being notified of an impending distribution, the amounl is known. aThJ receiptls expected. Sf the amount Is not known the legacy is treat as a contingent asset. Where incorne is invoiced or received that relates to subsequenl peiiods, income 15 Ireated as deferred income. Grants- Gr8ntsareincluded in Iheconsolklated ststernenlof financAI acbwtk?50na receivabIebasis.Wlve income15 received inadvanceof entit￿MeNt0freceipL1tSreC0g￿ition is deferred and Includedincrediknsas dèfeTred income. Where entiuement occurs before Incorne 15 recwved, the income 15 accrued. 1.6 R8SOUTces expènded Expenditure is accountedl￿oDan accru8lsbasisand has been c1a3srf￿d uThJerheadings that aggregaleai ¢osls related tothat category. wh8recostscannotb6directlyaltributed lo p￿ti￿1arheadIng$, theyhavèb allocated to activitiès on a basis consistent %*ith the use of r6swrces. 1.7 Tangible fixed assets Tan91t￿e fixed ass8tS C05ting £1.￿0 (IT equipmentl1£1.000 for other assets, are capitalised a￿￿ recognised when fulure econofflic benefits are probable and the cost or value of the asset can be measured r81iably. Tangibléfixedassetsare init1811ymeasuredateostaThYsubsequantW measuredalcost or valuati¢￿. nel cl depr8cialion a￿1 any impairrnent losse5. Depreciation Is re¢oJnised so as to write off the costor valuaticn of assets less th8ir residual vaues over their useful Iiv8s on ihe follthry bases.. Office equipment Fixturès 8nd fillirvJs Motor vehicles - 25% on cost 250A on cost - 25% on cost Thegain or loss ari5ngonlhedisposalofan asset is d￿m￿ned￿$the￿ifferen￿betWeenlheSa1e pr¢x and the carrying value ol the asset and is recognised in nel incomellexpendsture} for the year. 1.8 Flxed asset In￿tmentS Fixed asset investtnents are initially measured al transaction price excludirrfJ transactttn costs and are subsequently measured at fairvalue 8t each reporting date. Changes in farvau8 are reccgnlsed In net i￿orne/(eXpendituTeI lor the year. Transaction costs are expensed as incurred. A sutr6idiary is an èntity cortrolle(I by the chafity. Control is the power lo govern the fInar￿la1 operating polici8s entilyso as lo obtain benèfits Ir(Kn its acllvitles. Inve5trnert3 in subsidiaries are at cost less FKovision for impairment. 23- AGE UK BIRMINGHAM LIMITED IA Gompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Aeetsunting policios (continued) 1.9 Impalrment of flxed assets At each rètK)rting end dale, the charity review5 the carrwng amounts of its tangible a55et5 to determine whether there is any indication that those asset5 have Suffered an impairment loss. If Sny such indication exists. the recoverableamountof the asset is estirnatedin orderto detèrmine the extent of the impairrnent Ioss lif any). 1.10 Cash and ¢ash equivalent5 Cash and cash equiYa18nts include cash in h2nd, deposits held at call wth banks. other short-temilioux investment5 Wth (Yigind maturities tsl three months or less, and bank overdrafts. Bank overdraft5 are shown within bc*iowng$ in current liabilities. 1.11 Financial In$trum•nts The charitable company only has financial assets and financial liabilit18s ol a kind that qualify as ba5 rinancial insliument5. Basic financial instwmenls are initially re¢ognised al transaction value and subsequently measured attheir5ettlemenlvauewith the exceptionolbank loans which are subsequen measured at amortisèd c051 usiTrJ the effective interest methtsj. 1.12 Taxatlon The charity is exempt from coiporation tax on its charltaNg activities. Subsidiary cornpanies pay any taxable profits to the charity each year under Gift ￿d. 1.13 R•tlrement b•nofits The charitable cornpany operated a defined contribution pension schème. Contributions payable to V charitabiecompany's p￿S1ons¢herneaFe chargedtothe Statementof Financial Aclivilles in the period to which they rdate. 1.14 LSabllitl05 arbd provlslons Liabilities arerecogniseijwhen there is an obligation at th& balance sheet date a5 8 r8suIt of a pastevenL 1115 probable that a transfer of economic benefit will be required in Settlement the amount of the settlement can be estimated rdiably. Liabilities are recogni5Bd at the amount that the charity anli¢ipates wll pay to 58ttle the debtorthe amount il ha5 received a5 advanced payments forthe goods or services it rnust provide. Provisions are Measured at the best estimate of the consid6ration required to seltle the obligation. Where the effect of the time value of rnorey Is material, the provision is based on the pr&sent v*ueof those amounts, discounledatthe Pre-tax disEountratethat refleclstherisks5pprifictothe liability. The uliwnding ol the disc￿￿1 r8le 1$ recognisad as a finance ￿$t in incom8118xpEnditurel. 1.15 0￿ratIng leases Rentals under operating leases, includlng any lease incentives. are charged lothe Statementof Firwnci Activi￿eS on a straight line basi5 over the term of the le858. -24- AGE UK BIRMINGHAM LIMITED IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Criti￿1 accounting estSmates and judgements IntheapplicatlDnof lhecharty'sa￿ounts.ng polio6S. Ihetrusteesarerequiredtornake judgements.esbnp and asSUrnpl￿nsal￿utl￿ caTryingamount of assets and liabiliti85thatare not readily apparenlfrorn otk sources. The 95tirnates assctiat8d assurnptions are based on hisloriEal experien￿ and other factc(s Ihat are considered to be relevant. Actual result5 may differ Irom Ihese estimates. The estimates and underlying assumptions are reviewed on an orooing basis. Revisions lo accountir estimates are recognised in the period in which th& estimate is revised where the revision affects only that period, tt in the wiod of Ihe revislonand future periods wherè the revisionaffect5 tK)Ih curr￿1 and future peric*Ss. DoNtlon8 legacies Unrestricted Restrlcted funds funds Total Unrestricted Restrlctad funds fund5 Total 2024 2024 2024 2023 2023 2023 Donations Legacie$ Fundraising 1,149 24,111 23.350 1.626 24,976 2,279 25,241 2,279 26,390 49 49 1,149 24.399 1.626 26,025 Donations in kjnd Durin9 the year ended 31 MarEh 2024, the charity had the use of Ihe yetni5es ol a CenlTe free of charge and irrludes a5 an in kind grant of £15.000 and an equiv4ent Tent cost of £15.000. There w8r8 no other onations in kind durlng the year ended 31 Mach 202412023.- £15,000). Other Incom• Unrestricted Restrlctod fund5 funds 2024 2024 Unrestrieied Reslrlcted funds furKIs 2023 2023 Total Totsl 2024 2023 Shop compensatic*) 7,135 7,135 7.135 7.135 -25- AGE UK BIRMINGHAM LIMITED (A company limlted by guarantee} NOTES TO THE FINANCIAL STATEMENTS {cowfiNUED) FOR THE YEAR ENDED 31 MARCH 2024 5 OthBr trading activities- non Charitable incomg Unrestricted Restricted funds funf fund$ The in1￿Y￿e fvnds of the group include r8Stricled and unr8striraed fvnds comprk8ing the folowing UngXP8ThJad bal8nc8s held". Statement of funds- curr8nt year group Movernent In fvnds Resources expended Balance at 1 Aprfl 2023 Incoming re$oui¢os Transfers Balance at 31 March 2024 Unrestrl¢ted funds Gen8rdl fvn¢J Designated fund 428,374 180000 608,374 469,856 505,116 97.436 490,550 180,000 469,856 505 116 R&stri¢ted frJnd$ Information & Advice Handyfix Heart of England Community NNS Edgbaston NNS Yaidley ActNe Agars Stepping into th'gital Footcarelstepixng Out Community Dementia Support- Sandwell Digital Literacy RISE Demenb"a Wellbeing Birrningham COL I & A Projecl Eon Home Energy Checks Eon Benefit Checks More for Your Money Proje¢ls Dementia Carers Hub Friends First Betrrending San¢Jwell COL I & A Project Sandwell Women s Walking Group Other 21,320 177,021 42.311 145,156 44,106 15,721 122,408 127.3121 1.795 25,8Y3 15,138 19.872 15831 24,931 127,465 24.483 22.731 141.899 126.540 16.267 44,113 21,970 132,3121 16,4641 15,3521 7,530 49,465 27.258 4,730 10,020 3,912 3,459 11.000 23.333 40.000 13.851 11,589 40,785 11,0811 15,203 785 17,072 24.120 18,800 8,350 7,236 18,390 18.7221 116,8841 12101 90,490 17,998 40,000 4,000 84,520 2,880 39.215 1.827 5,970 15,118 17851 2,173 43.685 808,60T 915 97,437 115.fv15 896.632 106,235 33- AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Statement of funds I￿ntInued) Statement of funds- prior year group Movement In funds Resources eXP8nded Balance at 1 April 2022 Incoming resources Transfers Balance at 31 March 2023 Unrestricted funds General fund Designated fLty)ds 406.591 426,496 495,eA)3 87.592 42S,07B 585 591 495 603 605.078 Restrlctèd funds Information & Advice Handyfix Heart ol England Community NNS Edgbaston NNS Yardley Later Life Community stepping into Digital Footcarelstepping Out Community Dementia SuppJrt- Sandwall Tackling Inequallti85 Birmingham Tackling Inequalities- Sandwdl Digital Literacy Household Support Fund Birmingham Communily Leisure Fund RISE Dementia Wellbeir nler Health Cost of Living 35.653 20,114 1,691 179,4 49,833 19.831 129,588 13,078 152,781 13,333 48,259 24,042 168,252 52.416 125,5151 117,5311 21.319 15.138 19,872 109.716 13.078 128,088 15,127 9,398 4,754 115,3381 24.482 22,731 50.541 12,4721 4.730 1.762 1,473 2,281 19541 1,473 11,09Ql 4.656 22,953 13,204 1,104 3,912 124.7961 18961 5,833 2.000 2,374 2,000 595 574 3,459 AGE UK BIRMINGHAM LIMITED (A company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Statement of funds lcontinuedl UnrestriGted Funds General unr85trict8d funds are those funds which th8 trus(ees are free to ug8 in accordèrKe smth the charitys charitable objectlVe5. Deslgnated Funds Th8se funds represent assurance to futLJre exp8NJiture, which the tnjstees regard a5 e55ential to the ongoi[¥ work of the charity, albeit al this stage without any bindng Commitment. A new Strategic plan implemented from April 2024. the designated funds have been reviewed ar￿ amended as follows.. Santhvell Develo ent Fund As part Df normal activity 9[0￿h, servie85 continue to be offered and Slrengttr￿n within the Sandwell area. therefore a decisi￿ has been made lo reduce thi5 designated fvnd. Finance Dev810 rnent £101J This provision is to build on (xjr knowl8dge ol Business Central through further trainiw and when necessary bring in specialist knowlèdge in ￿latiOn to VAT. to suppN)rt the charity wth tax related decision5. Memo Care Develo ment A restructuring of Dementia Services was effectivefrorn 151 April 23 due to new contracts, this has given the Memcry Care service the opportunity to devdop and grow therefore a decision wa5 rnade to reduce this provision. IT8 ommunication Infrastructure £20 000 Th15 provision has b￿n increased to continue to invest in t￿h￿logY that will asslst the charity to keep pace with new ways of wkings changes wkvch wlll snhance the services we provide. Premises D velo ment £20 000 To improve the condition ol Cmjr lease premises in p•tiC￿ar1Y 05COtt Cantre and Hamstsad SW 88 well &% co￿ldOr new Ictations across Bimingham and Santhdl areas. Business D elo ment This provision is to acceletalelhe growth of unrestricted incorneovw a diversified rangèof income slreamsand dorxjrs to achiève long terrn sustainable incorne growth. Trans l Minibu £30 000 This provisi￿ is lo match funding lo wrchase a minibus for our merTK)ry care servie&. AGE UK BIRMINGHAM LIMITED (A ¢ompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (coTrifiNUED) FOR THE YEAR EPIDED 31 MARCH 2024 20 Statement of fvnds leontinued) Restricted Funds Restricted funds we thos¢ funds kthlch IHve beèn rec&ved fcf particular pUr[￿se$ and proi8CtS. ital knterac Fund Working in partnership wth Northfidd Community Partrershipand Gateway Family Services toprovide a digrta lending library and upskilling support for older pwle acr￿3 Northfield and Edgbaston communities. Sandwall Communil Dem8ntl8 Su Working wth seven established partnerVCS organisations, Age UKSandwell provide a c￿)prehenSive support package to those dealing with dementia related issue5. This can r8rvJe from those with memory issues who need a diagnosis, to ItK)se wlh advanced dementia needing residential care. Support cèn be welfare and companionship ¢alls, inlorrnation atKS advice or signp)stinglreferring lar Specialist support. Sandwell RISE Dementia Wellb8in Two year funding has been se¢ured from Zurich Foundation to provide Wellbeing support groups acrrffjs Sandwell lor people living Imlh dementia and thèir carws. Thi5 project commenced in January 2023. AGE UK BIRMINGHAM LIMITED IA company limit8d by guarantee) NOTES TO THE FINANCIAL ST ATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 21 Analys55 of net ass•t5 between funds Analysis btheen fund5- ¢urr¢nt year group Unre5trlcted 2024 Designattd 2024 Restrict•d 2024 Total 2024 Fund5 balances * 31 March 2024 are represfnted by.. Tangible fixed assels Current assetsllliabililiesl 27,￿8 4￿.907 486.145 180,OCO 180.0(KJ 749,547 776.785 110.640 Analysis between fund5- prior yoar group Unrestricted 2023 Designated 2023 Reslricted 2023 Total 2023 Funds balances * 31 March 2023 are represented by-. TangitAe Iix8d assets 28.765 Current assetsllliabiif(iesl 396 313 28.765 720 721 Analysi5 betwe8n funds- currènt year eharity Unrestricted 2024 D•signated 2024 R•stricted 2024 Total 2024 Funds balances at 31 March 2024 are represented by= Tangible fixed asset5 Fixed asset investments Current assetsllliabilitie51 27,238 250 27.238 250 82.744 Analysis batwqen funds- prior year charity Unrèstrided 2023 Designated 2023 Restricted 2023 Total 2023 Funds balances 8t 31 March 20Z3 are repr&8nt&l by= Tanglble fixed assets 28,765 Fixed asset investments 250 Current asseisllliabilitiesl 276.577 305,592 28,765 160,0(A) 160,000 84,723 84,723 521.300 550,315 -37- AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 22 Operatln9 comrnitm8nts At the reporting end date, the charity and group had outstanding cornmitrnents for future rninirnLm leasa payments vnder non-cance1la￿e waling lease5. which fall due as follcws= Group 2024 Charity 2024 2023 2023 Within year Between two an¢Y fiv& years In more than five years 37.548 30,253 51,046 62,401 37.548 30,253 51,048 62,401 67.801 121.549 rJ Relatod party transactions Cutter & Co.. Mr3 KJones, a directorofAge UKBirmlngham andThe Black Country ITradiNJl Limited, is apartwandco- owner al a￿O￿tIng firm Cutter & Co. Duriry the year ended 31 March 2024 the fdlowng transact￿S occurred between Age UK Birmington Limited and Cutter & Co.. £2,92112023'. £2.6971 relating to the pJrch8$e of payroll serv￿8$. Included wittu'n trade cr8ditors is a balanc8 of £24612023.. £2211 owed to Cutter & Co. A e UK Birmi harn d The Black Coun Tradin Limited.. During the year Ènded 31 March 2024 the charitV5 whollyowned subsithary. Age UK BirmiFuharn and Black Country ITradinglLimit8d, broke evenandconsequentlythere was notransferunder gift aid12023'. nil) to thecharity. As at31 March 2024the charity wa5 owed£60, 11512023.. £23.738lfron7AgeUKBirtning and The Black Country (Trading) Limited. A e Concérn Sanoknell". As at 31 Mwch 2024 th8 charity was owed £164.307 {2023.. £87,582) from Aga CorKem sar￿￿ell. AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 24 Subsidiaries Delabls of the charitys sub5id'aries at 31 March 2024 are as follows.. Name of undertaking Registered t)ffle* Nature of business Cla55 of shares held Ordlnary % Held Dire¢l Indirect Age UK Stratford House Social work activities Birmingham and Slralford Place, Camp without the Black Hill, Birtningham accommodation for the Country Tia¢Jng B12 OHT Umited dderly and disabled. 100 Age Concem Sandwell miled Stratford House EstaL4i5hed lo prornote Ordinary Stratford Place, Camp the wellbeing of elderly Hill, BirmiNJharn ple and their B120HT careers. 100 The aag￿gate capital and reserves *KI the rasults fcr the year of the subsidiaries are as lollcms.. Name of undertthThJ ProflU{Lossl Capital and Age UK Birmingham and the Black Country TraJiThJ Limited Age Concem San(Iwdl ￿rnIted 20,904 192.560 AGE UK BIRMINGHAM LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 25 Cash g&nernted from op8ratlon$ 2024 2023 Surpluslldefi¢itl for the year 52.765 38,48T Adjustsnent$ for.. Deprec￿a￿On and impaimient of tsngible r￿ed assets Interest received ovements in worklng capital.. (Inc￿aStsydec￿8$e (n debtors Inci&a$8 in ¢redrtors Other non-cash items 11,928 12,1181 15,639 15401 177.3191 57,301 3.299 40.798 26,671 250 Cash 9trrt•rated from operattOn5 45.856 121,305 26 Post balanc8 sheet events Following th8 year end. Age Cor¢em Sandwdl Limited, a wlwlly owned subsicliary ofAge UK Birniuigham Limited, has been dissotved. -40-