2023-03-31-accounts - Age Concern Buckinghamshire

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Charity name:		Age Concern Buckinghamshire	(the "Charity" )	(the "Charity" )	(the "Charity" )	(the "Charity" )
Charity Registration	number;	1139423
Colnpany regiStratiOn	number:	7101195;a company limited by		guarantee registered				in England &Wales.
Registered Office and		145Meadowcroft
operational address:		Aylesbury
		Buckinghamshire HP19 9HH
		Telephone: 01296431911			Fax: 01296330783
		Email: a e a eukbucks. or .uk				Website: www. a eukbucks. or .uk
Trustees (Board ofTrustees)
Mr SRussell		(Chairman)
Mrs A. Horgan-Smith
Mr A. Bailey		(Treasurer)
Ms C.Ing		(appointed 26rh May 2022)
Ms R.Coleman		(appointed 26'h May 2022)
Ms A Perveen		(resigned 21stNovember 2022)
Mr M Hopkins		(appointed 1m August 2022 and		resigned 18th			November 2022)
Ms A Yusuf		(appointed 30th September 2022)
Ms SGregory		(appointed 30th September 2022)
Mr R Fernandes		(appointed 30th September 2022				and resigned	19th	October 2022)
Principal Officers
Chief Executive:		Mark Russell-CEO, appointed		2n' May 2022
		G.Shand —interim CEO, resigned				28'0 April 2022
Finance Manager:		Mrs CTabor
Honorary legal Advisor		J.Blackman, Wrigleys Solicitors		LLP, 19Cookbridge Street, Leeds l52 3AG
Affiliation		Age Concern Buckinghamshire	is		a Brand Partner ofAge UK (National)
Associated Organisations		Five local voluntary Age Concern			groups are affiliated			toAge UK
		Buckinghamshire.
Banker' s		Main bankers: Uoyds, National	Clubs and Charities Centre, Sedgemoor
		House, Deane Gate Avenue, Taunton TA1 2UF.
Auditors		Jacob, Cavenagh &Skeet, 5 Robin				Hood Lane, Sutton,		Surrey SM12SW.

In the period we received feedback from 48 clients reporting the following:	In the period we received feedback from 48 clients reporting the following:
Happy with our support	949ii
Felt better informed	54%
Felt less isolated	90%
Felt more independent	44%
Would recommend us to others	98%

Satisfied with our service	100%
Had fewer money worries	66%
Felt they gained financially	92%
Would have been unable to manage
the application without our help	94%

		Unrestricted	Restricted	Total	Unrestricted	Restncted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
	Notes	2023 E	2023 f	2023 E	2022f	2022 f	2022 E
Income from:
Donations and legacies	2	45,636	5,931	51,567	10,880	5,651	16,531
Interest receivable	3	955		955	1,711		1,711
Chadtable activities:
Grants &Controcts	4	52429	527 818	580247	55187	225080	280267
Total Income		99020	533749	632769	67778	230731	298509
Expenditure on raising funds:
Raising Funds	6	29,491		29,491	38,164		38,164
Chaditable Activities	5	9 485	678655	777140	173167	248179	421346
Total Expenditure		127976	678 655	806631	211331	248179	459510
Net (expenditure)		(28,956)	(144,906)	(173,862)	(143,553)	(17,448)	(161,001)
Transfer between funds	16	(212,956)	212,956
Other recognised gains
and losses:
Actuarial gain on defined
benefit schemes		(20,217)		(20,217)	(48,745)	-	(48,745)
Net movement in funds		(262,129)	68,050	(194,079)	(192,298)	(17,448)	(209,746)
ReconciTiation offunds
Total funds as at 1April		962,765		962,765	1,155,063	17,448	1,172,511
Funds as at31March		700636	0	768 686	962765		962765

SECTION	5 —BA	lANCE SHEE	TASAT$1	MARCH 2023
					2023	2022
					Total	Total
					Funds	Funds
				Note
Fixed Assets
Tangible Assets					20760	24 824
					20,760	24,824
CurrentAssets
Debtors				12	117,311	6,579
Investments					80,955	130,000
Cash at bank and in		hand			593724	816539
					791,990	963,118
Creditors: amounts		falling due
within one year					44064	25 177
Net Current	Assets				7~47	937941
Total Assets less Current
Liabilities					768,686	962,765
Defined benefit scheme liability				14
Net Assets
Funds
Restricted Funds				16	68,050
Designated	Strategic Development		Fund reserve		260,960	426,960
Designated	winding	up reserve			148,898	133,855
Designated	Pension	Fund reserve			132,335	152,552
Unrestricted	Funds	(free reserves)			~15	144 174
					~69~fj227ig

SECTION6- CASH FLOW STAT	EME	NT	AS AT31MARCH	2023
				2023 f	2022f
Cash (used in)/provided by operating		activities		(266,271)	(212,650)
Cash flows from investing activities:
Add Interest Income				955	1,711
Add Sale ofInvestments				49,045	723,811
Less Purchase ofInvestments
Less Purchase ofFixed Assets				6544	15990
Cash (used in) Investing Activities				43456	709532
Cash flows from financing activities
Repayment of borrowing
Cash (used in) financing activities
Increase in cash and cash equivalents		during the year		(222,815)	496,882
Cash and cash equivalents as at 1April		2022		~816539	319657
Cash and cash equivalents as at31March			2023	593724	816539
Reconciliation ofnet movement	In funds		tocash used In operating activities:
				2023	2022
				f	f
Net movement in funds				(194,079)	(209,746)
Add back depreciation charge				10,608	8,614
Deduct interest income shown in	investing		activities	(955)	(1,711)
Increase in debtors				(100,731)	(5,644)
Increase/ (decrease) in creditors				18,886	(293)
(Decrease)/Increase in provisions					(3,870)
Net cash (used in)/pmvided by operating			activities

Buckkggwnghbe Clue UK	Buckkggwnghbe Clue UK	Buckkggwnghbe Clue UK	Buckkggwnghbe Clue UK	Buckkggwnghbe Clue UK
SECTION 7 —NOTES TO THE FINANCIAL STATEMENTS					FOR THE YEAR ENDED		31MARCH	2023
2.	DONATIONS AND LEGACIES						2023 f	2022
	Donations						25,984	14,541
	Legacies						rs scr 51567	t crc 16531
3.	INVESTMENT INCOME						2023 f	2022 f
	Deposit Account	Interest					955	7
4.	INCOME FROM	CHARITABLE	ACTIVITIES
							2023f	2022f
	information gt Advice		Commercial income
			(Statutory/local	authority)			59,250	29,471
	Befdiending		Commercial income
			(Statutory/local	authority)			87,050	116,058
	Welfare Benefits		Commercial income
			(Statutory/local	authority)		and grant income	42,440	39,471
	Hospital Discharge Service		Commercial income
			(Statutory/loca	Iauthority)			220,543
	Home Services		Income from charitable		service		38,679	55,187
	Walking Football		Grant income				5,000	9,975
	BOOST National	Lottery	Grant income				113,862
	SISS		Income from charitable		service		13,423
	Listen Learn Adapt		Grant Income					5,985
	Digital Poverty		Grant Income					15,000
	Digital Inclusion		Grant Income				9,120 550247~2~

CHARITABLE A	CTIVITIES COSTS
		Direct Costs E	Management f	Office E	Premises	2023f	2022 f
Information &Advice		46,204	27,117	2,582	2,658	78,561	48,818
Befriending		140,855	41,579	3,958	4,076	190,468	218,236
Welfare Benefits		22,893	7,231	690	708	31,522	47,527
Hospital Discharge Service		216,779	55,897	5,507	5,671	283,854	1,517
Walking Football		3,048	1,952			5,000	9,975
BOOST National	Lottery	54,788	5,250	516	790	61,344
Bucks Sensory Service			13,423			13,423
Home Services		34,212	32,540	3,097	3,189	73,038	45,575
Depreciation		10,607				10,697	8,614
Listen Learn Adapt							5,985
Digital Poverty							15,000
Digital Inclusion							9,120
Adrnin expense ofdefined
benefit scheme		2,000				2,000	3,000
Governance costs (see Note 7)		27323				27 323	979
		558709			092	77

		Direct Costs E	Management	Office f	Premises f	2023	2022 f
Fundraising	costs	18705		61	886	29.491	3

				2023	2022
				f	f
Trustees'insurance				874	814
Advisory	fees			18,809	1,800
Auditors'	annual fee			rcrc	crsr
				27 323	8979
NET INCOMING/OUTGOING			RESOURCES
				2023	2022
				f	f
Deprecia	tion-	owned assets		10,607	8,614

Depreciation-	owned assets
Other operating	leases

STAFF COS	TS
		2023	2022
		g	g
Wages and	salaries	517,524	246,929
Annual Leave outstanding Employer's National Insurance		6,875 29,258	(163) 11,302
Employers	Pension	19,932	9,075
Redundancy
Other pension costs		~ro	o oo
		~57 52(~27~

	2023	2022
Information and Advice	5	4
Befriending Scheme	6	7
Hospital Discharge Service	11	0
Other —Welfare Benefits, Home Services, BOOST	4	2
CEO/Management/Administration	9	7
	35	20

.TANGIBLE FIXEDASS	ETS
	Leasehold	Office		Office	Total
	Property f	fguipment f	Improvements f		f
Cost
As at 1m April 2022 Additions	125,860	15,990	6,552 6544		148,402 6544
At 31m March 2023	12586	15990	3 096		154946
As at 1m April 2022 Charge forthe year	114,009 4029	4,592 3997	4,977 2582		123,578 10608
At 31m March 2023	118038	8589	755		134 186
Net BookValue
31m March 2023	7822	7401		537	20760
31nMarch 2022	11 1	1139	1		4824
DEBTORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
		2023		2022
		f			f
Prepayments		5,247
Other debtors		~112064		16579
		117311		16579
CREDITORS: AMOUNTS	FALLING DUE LESSTHAN ONE YEAR
		2023		2022
		f			f
Accruals		33,086		22,155
Taxation and social security		~10978		3022
		44064		~25	77

DEFINED BENEFIT PENSION SCHEME	LIABIUTY
		2023	2022
		E	E
Carrying amount at 1m April 2022 Net interest expense and administration Actuarial gain/loss in the year Gain/loss on scheme assets Change in the effectofthe asset ceiling Paid in year	«ost	2,000 189,000 (158,000) (11,000) 22000	3,870 3,000 31,000 (15,255) 33,000 55615
Carrying amount at 31mMarch 2023

					2023	2022
					E	E
Within one year After one year but	within five years				2,464 2848	1,080 1360
					5,312
MOVEMENT IN FUNDS
			At1April 2022	Movement	Transfer	Gains 8	At31March
				In Funds	Between	Losses	2023
					Funds
					E
Unrestricted Funds
General Free reserves Designated Strategic Development Designated Pension Fund Reserve Designated winding up reserve		reserve	249,398 426,960 152,552 133855	(28,956)	(61,999) (166,000) 15043	(20,217)	158,443 260,960 132,335 148898
			962 7	8956	212	20217	700
Restricted Funds				(144,906)	212,956		68,050
TOTAL FUNDS			962 765	17386		20217	768 686

		Income	Expenditure	Movement
				In Funds
			E	6
Unrestricted Funds
General fund		99,020	(127,976)	(28,956)
Restricted Funds
Information and Advice Befriiending Welfare Benefits Hospital Discharge Service Walking Football		45,500 87,050 48,371 220,543 5,000	(81,382) (194,794) (32,274) (289,873) (5,000)	(35,882) (107,744) 16,907 (69,330)
BOOST National BISS	Lottery	113,862 13,423	(61,909) (13,423)	51,953
		533,749	(678,655)	(144,906)
TOTAL FUNDS		632,769	(806,631)	(173,862)
		At 1April 2021	Movement	Transfer	Gains and	At 31Nlardt
			in Funds	between	losses	2022
				Funds
				E
Unrestriicted Funds
General fund Designated Strategic Development Fund Designated Pension/winding up fund		303,826 515,735 335502	(143,553)	137,870 (88,775) 49095	(48,745)	249,398 426,960 286 407
		1,155,063	(143,553)		(48,745)	962,765
Restricted Funds
Building Fund Reserve		17,448	(17,448)
TOTALFUNDS		1725 1	61001		48 745	962 7 5

As at 31March 20	23
		Unrestilcted	Funds	Restricted Funds	Total
		6		6	6
Fixed Assets Current Assets Creditors: amounts	falling due	20,760 681,925		110,066	20,760 791,991
Within one year interfund		(41,064) 107066		(3,000) 107066	(44,064)
					686
As at31March 2022
		Unrestricted	Funds	Restricted Funds	Total
		6		6	6
Fixed Assets Current Assets Creditors: amounts	falling due	24,824 953,998		9,120	24,824 963,118
Within one year Interfund		(25,177) 9120		9120	(25,177)
		765			765

		2022-23	2021-22
			E
RESERVES:
Staff Notice Period		45,249	37,261
Staff Redundancy		45,149	38,094
Accountancy Fees		18,500	18,500
Site Works		40000	40000
Designated Reserve		148898	133855
Pension Contribution	Reserve	132335	152552
Strategic Development	Fund	260960	426 960
Restricted Reserve		68050
General Reserve		158443	249398
		768 686

Changes tothe present value ofthe defined benefit obligation	2023	2022
	E'000s	E'000s
Opening defined benefit obligation interest expense	491 13	511 11
Actuarial (gains)/losses on Scheme liabilities Net benefits paid out Past Service Costs	(158) (18)	(15) (16)
Closing defined benefit obligations	~323	4 1
Changes tothe fair value ofScheme assets during the year
	E'000s	E'000s
Opening fair value ofScheme assets interest income on scheme assets	524 13	507 11
Gain/(loss) on scheme assets Contributions bythe Employer	(189) 22	(31) 56
Net benefits paid out Administration costs incurred	(18) (2)	(16) (3)
Closing fair value ofscheme assets
Reconciliation offunded status to Balance Sheet
	E'000s	E'000s
Fair Value ofassets	350	524
Present value offunded defined benefit obligations Unrecognised asset	(328) ~22	(491) 33
Liability recognised on balance sheet
Scheme asset allocation	2023	2022
		N
Equities	9.1	16.7
Diversified growth fund	4.8	12.6
Property Gilts and Bonds	13.0 70.2	9.5 59.9
Cash	2.9	1.3
	Jll 0	100.0