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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.|
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|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%|
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|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%|
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|||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|||
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|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|
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|||||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|
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|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|
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|.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|
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|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||||
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||||||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|
##
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|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|
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|||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||
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|Changes tothe present value ofthe defined benefit obligation|during the year|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|
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