Charity number. 1141867 Company number: 07609423 AGE UK NORTH CRAVEN UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 AGE UK NORTH CRAVEN CONTENTS Page Reference and administrative detsils of the Charity. its Trustees and advisers Trustees, report Independent examinerfs report Statement of financial actiNities 8alanc¢ sheet 9-10 Notès to thè financial statèments AGE UK NORTh CRAVEN REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees RARees M E Hotgate J Sugden J B Ogden cJF￿er C Shaw Charity registered number 1141867 Principal office Cheapside Settle North Yorkshire BD24 9EW A¢eountants Armstrong Watson LLP Chartered Accountants Fifst Floor East B￿ge Mills Stramongate Kendal Cumbria LA9 4UB Solicitors AWB Chadesworth Solicitors Ltd 21-23 Olley Street Skipton North Ycffkshi BD23 IOY Page 1 AGE UK NORTH CRAVEN TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual Teporl together with Ihe financial slalemenis ol Age UK North Craven lor the year 1 Aoril 2023 to 31 March 2024. The annual report sernes the purposes of both a Tru51ees' report and a directors, report under cornpany law. The Trvslees confirm that the Annual report and financial statements of the charitable eompany comply wlh the ¢urrenl statutory requirements, the requiremenis of the charitable company's governing document and the provIs￿nS of the Statement of Recommended Pra¢li¢e ISORPI applicable to Charities preparing their a￿ount$ in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS102Meffe¢tive 1 January 20191. sin￿ the charity qualrfw as small under sectK)n 382 of the Companies Act 2006, the Strategic report ￿qUired medium and large companie5 undw the Companies A¢t 2006 (Strdtegic Report and directors. Report) Regulations 2013 has been omitte<5. Objectives and activities a. Polieiès and objectives Age Uk North Craven is a charity swlh a mission lo asstst in Iransfowming the opportunities, experiences and support given lo the elderfy in our I￿al Communities. We help the elderfy in the community support when times are hard. with indeperKlenl living and by offering actlvilies and transport which allow the elderly lo try something new. We have the t¥￿ shops which supply funds for our ir￿easIng stspport lo the community. but also offer a support to our elderly wth their use as a volunteering plaffomi which in tum offers social rewards to our volunteers_ In settsng objeclives and plaftning for ￿tiVities, the Trustees have gNen due conslderalion to general guidance pub115hed by the Charity Commission relating to public ￿nefit. induding the guidance 'Public benefit.. running a charrty IP821'. b. Strategies for achieving tsbjÈctÉves We are an independent. local charity whKh has been supportiThJ older people in Sellle & North Craven for over 30 years. Our aims". To support ihe I￿al elderty community with a range of support and activities. To provide a facility which allows volunteering for the elderty. To bring a wide range of supwrt services to our local area_ To assist with independence of the eldedy In our communilies. To offer informatioft and advrce to all. Our values". Be open and indusive. Encourage trying something new. Be Caring lo all in need. Be there when needed. Page 2 AGE UK NORTH CRAVEN TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Objectives and activities (continued) c. A¢tivities undertaken to achieve objectives We are an independent. 10t￿1 charity which has been supporting older people in the Setde & North Craven for over 30 years. We have six local tnJstees-, all Ihe money we raise is invested back intrj suppK)rting older people locally. Age UK North Craven raise5 Thonies from operating two shops. ancillary trading activities. It has contracts lo deliver support and Serv[￿ and successfully applies for grants to deliver specific projects. 11 has 8n incorne stream from fees and services provided. Other income comes from fvndraising activities. donations and legacies. The range of services delivered indLtde5'. Lunches and coffee mornings. Information and advice. Support lo remain indeFertdent. Digital and IT support. Demenlia support. Bereavement support. Volunteer Car joumeys to health appointments. Minibus shopping shuttles. Minibus leisure Irips. Community allotment. Wheelchair loans. Walking Sports activities. Health and filness Classes. Supported volunleering. Age UK North Craven has over Nvo hundreil registered volunteers and relies on this inC￿dIble local resOu￿e to deliver the wide fange of services. The charity empEoys a part-lirne co-ordinator to supwrt volunteer recruilmenl. induction and trainiro. d. Main activities undertaken to further the Charity's purposès for the public benefit Age UK North Crdven provides many activities within Settle and the lo¢al communities. Al the actNities Il provides are for public benefit and are mentioneil in -c Activilies undertaken to achieve objectives" The Trustees confirm that Ihey have considered the guidarKe in respect of public benefit and confirm their adherence. P8ge 3 AGE UK NORTh CRAVEN TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Achievements and perfomianc• . Main achievements of the Charity Age UK North Craven ¢onb"nues lo be busier and do more year on year. The demands for our vital support when peO￿e are al their Most vulnerable and in need grows and grows. The responses have pushed our siaff and resources to Ihe limti. Ixjl the results and drtterence we make. makes it worth it. The investment in suppx)rting peoples longer term health and well-teing, induding enabling new a¢tivilies lo keep people active, connecled and Seaming skills continues and we have more people participating and more groups planning activities that are welcoming an¢J suitable for older people. Transport continues lo be busy arKI we enabte over one IFK)usand pumeys wth the volunteer car scheme. We ¢onlinue lo support ihe Craven Food Partnership and enable fo(Kl and resoufces to ￿aCh the COM￿Vnity pantries and friilges. as well as being a hub for Skiplon Food Bank. We have been working hard to support and influence bodEs that have a responsibility for providing health and care in our area, we participate in health p8rtnerships and actively support bodies to be better providers in North Craven. We actively work with the wider commur7rty and voluniary sector in Craven to support our p8rtners. lo enable them lo understand and serve older people better. None of our work or a¢hrevefflents would be possible vnthout our amazing staff tearn and our equally amazing volunteers, we have around 200 people who support Us ranging from our Board of Trustees enabling our governance and strategy, our drivels ar￿ couriers. our activity leaders, our Befrienders, our adfninislralive support volunteers and last and most certainly not least our shop volunteers who enable us to achieve such large levels of income frotn our shops. During this busy year we also manage(I lo invest ir¢ our main shop. refurbish. redecorate and put in new flooring. We have been working on the pr￿Urernent of a new relail EPOS system that has also impacted on our staff time and resoui¢es. In surnmary we have managed to deliver the increasing suprM)rt needed and managed to conb.nue lo deliver our ¢haritable purposes and support dder peotAe and their families in North Craven. Financial review a. Going concem After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources lo continue In operational existence for ihe foreseeable future. For this reastsn, they continue lo adopt the going concem basis in preparing Ihè finarFcial stalements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. Page 4 AGE UK NORTH CRAVEN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 b. Reserves poli¢y The ￿SuIts for the charity are set out wrthin the ac(x)mpanying Finawal Activities and the note5 to the Accounts. During the financi￿ year Age UK North Craven had an overall income of £434.022 of whith £393,342 was attn"bul8d to unrestricted fvnds and £40.680 to reslrthd fvnds. The Reserves policy has been built tjp lo cover evaluated risks, sums have been allocated lo cover specific opeTalional and strategic risks and to enable appropriate investment. The total Sum also enables the charily to have suffTcient fvnds lo operated without income for 12 months and d05e down Ihe charty if needed. The Reserves Policy is ￿V￿e(l each year by the Board. the ￿rrent requirement is set to £234,000 in Reserves. The CUr￿n1 level of Free Reseives £202.822 which the Trustee5 consider to be absolutely appropriate within the existing Ghallenging times. Strueture, governance and management a. Constitution The charity is controlled by its governiThJ document. a deed of Intst. and constitutes a limited company, lirnited by guarantee. as ¢tsefined by the Companies Act 2006. b. Methods of appointment or Èlection of Trustees Truslees are appointed at the Annual General Meeting. following nomination, or may be ¢o-OPted by the Board of Tnjstees during the year. in accordance with the constiiution. Funds held as custodian During the year. the charty r￿￿ed £8,0(K) fmm North y￿kShI￿ Sport arK1 Two Ridings Community Foundation_ Al the year end funds that have not been transfe￿ed elsewhere tolalled £10,OIJ)12023 £6,596). These totals are shown as Funds held as Custodian. Page 5 AGE UK NORTH CRAVEN TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENOED 31 MARCH 2024 Statement of Trust•ès' responsibilities The Trustees are responsible for preparing the Trustees, report and the financ¢al stalements in accordance ￿th applicable law and United Kingdom A(tounting Standards (United Kingdom Generally Accepted Ac¢ounling Praclicel. The law applicable lo charities in Englar￿ & Wales requires the Tnjslees lo prepare financial slalernents for each financial which gwe a true and fair view of the state of affairs of Ihe Charity and of ils Incoming resources and application of resources. Ir￿lUdIng ils income and expendibjre, for that period. In preparing these financial Statements, the Trustees are required lo- select suitable accc*Jnting poI￿leS and then app￿ t￿M cr)n$istenUy," observe the methods and principles of the charib.es SORP IFRS 1021.. make judgrnents and accounting estimales that ale ￿asonable ar%1 prudent.. state whether applicable UK Accounting Standards IFRS 1021 have been followed, SLtbject to any material departures d1sclosed and explained in the finanaal statements., prepare the financial statements on the wing wncern basis unless it is inapprorrriate io presume that the Charity will conlinue in business. The Trustees are responsible for keeping adequate accounting records that are SLrfficient to show and explain the Charity's Ir8nsactions and disdose with reasonable a¢GuoGy al any ts.me the financial position of the Charity and enable them lo ensure Ihat the financial statements comply wth the Charities Act 2011, the Charity (Accounis and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of ihe Charity and hence for taking reasonable steps for the prevention and deledion of fraud and other irreguiarrties. Approved by order of the members of the board of Trustees and signed on their behaff by.. Mrs RA Reès Trustee Dale.. aoa Page 6 AGE UK NORTH CRAVEN INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent examinerfs report to the Trustees of Age UK North Craven I'the Charlty.) I report lo the charlty Trustees on my examination of the &counts of the Charity for the ye8r ended 31 March 2024. Responsibilities and basis of report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance wtth the requirements of the Charities Act 2011 1.the 2011 Act.). Having satisfied myself that the accounfs of the charity are not required to be audiled under Part 16 of the 2006 Act and are eligible for independenl examination. I report in respect of my examTrnalion of the charity's ac¢ounis carried out under section 145 of the Charilies Act 2011 1.the 2011 Act'l- In carying out my examination I have followed the Directions given by the Charity Commission under secb.on 14515llbl of the 2011 Act Independènt examiner's statement S have completed my examination. I confirm that no matters have come to my attention in coftnection with the examination gwing me cause to ￿lIeVe that in any material respect= accounting records were nol kèpt in respect of the charity as ￿VIred by se¢b"on 386 of the 2006 Act., or the accounts do not accord with tFK)se records" or the accounts do not comply wlh the accolsnting ￿qUirements of section 396 of the 2006 Act other than any requirement that the acmjnts give a 'true and fair. v¢ew whi¢h is not a matter considered as part of an in¢Jependent exa￿InatIon,. or the accounts have not been prepared in acCOr(lar￿ wth the methods and princirAes of the Slalement of Recomrnended Practice for a¢counting and ￿porting by charities lapplicable to charities preparing theii accounts in accordan￿ with the Financiat Repo￿.ng Standard applicable in Ihe UK and Republic of Ireland IFRS 1021. I have no concern5 and have come across no olher malters in connectson with the examination lo which attention should be drawn in this report in order tr) enable a tyoper understarnling of the 8¢¢ounis to be reached. This report is made solely to the chanty's Trustees, as a body in accordance wth Part 4 of the Charities IAccounts and Reports) Regulations 2008. My work has been undertaken so that I mighl stale to the Charity's Trusteès those matters l am required to state to them in an independent examiner's report an¢J for no other purpose. To the fullest extent permitled by law. I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body. for my work on this report. Signed.. Karen Rae FCCA mstrong Wa150n LLP, 1st Floor East Bridge Mills, Stramongate. Kendal. LA9 48D Page 7 AGE UK NORTH CRAVEN STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Restrlcted Unrestricted funds funds 2024 2024 Total funds 2024 Total fv￿s 2023 Note Income from: DonalÈons and legacies 40,680 129,330 170,010 185,502 Other trading activities 262.011 262,011 251,355 Investrnenls 2.001 2,001 447 Total income Expenditure on- Raising funds 177,648 177,648 133, 186 Charitable aclNilies 68,476 280.180 348,656 338.470 Total expenditure 4S7 828 471 656 Net Èxpenditure 127.796} 164,4861 192.2821 (34,352) Transfer5 be￿een funds 16 14,5631 4.563 Net movernent in funds Reconerliation of funds- Total funds brought l￿ward 61.955 293,800 355,755 390, 107 Nel movement in funds 132,3591 {59.9231 192,282} (34,352) Total funds carried forward The Stalemenl of finartcid activities indudes all gains and losses rec(YJnESeil in the year. The notes on pages 10 to 30 fom part of these finanaal statements. Page 8 AGE UK NORTh CRAVEN BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Fixed assets Tangible assets 12 45.082 56.418 45,082 56,418 Current assets Debtors 13 1S,209 15,207 Cash at bank and in hand 241.915 302.448 257,124 317.655 Credilor5'. amounts falling due vAlhin one year 14 138.7331 {78.318J Net current assets 218.391 299,337 Total assets less ¢urrent liabilities 263,473 355.755 Net a55ets èxcluding pension asset 263,473 355, 755 Total net assets Page 9 AGE UK NORTH CRAVEN BALANCE SHEET AS AT 31 MARCH 2024 Charity funds Restricted funds 16 29.596 61,955 Unrestride(I funds 16 233.877 293,800 Total funds The charity wa5 entitled io exemption from audit under section 4T7 of the Companies Act 2006. The members have not required the company to obtsin an audit for Ihe ye8r in question in accordance with seclior5 476 of companies Act 2006. The Trustees acknowtedge their ￿SpOnsibl1rtieS for complyirwJ with the requirements of the Act with respect to accounting records and preparalion of financial statements. The financial slalements have Wn p￿?￿red in accordance with the provisions applicxble lo enlilies s*Jbje¢t lo the small companies regime. The financial statements approved and auihorised for issue by the Trustees and signed on their behalf by.. RARees Trustee D81e'. &£>J* The notes on pages 10 10 29 forni part of these financial siatements. elo AGE UK NORTH CRAVEN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 General infomatlon Age UK North Craven is an incorpordted charity. limited by warantee. registered in England and Wales. The company's registered nurnber and registered office address be founLI in the Reference and Administralwe detsils. Being a company limited by guarantee each member is liable for a maximum of £1 should the charity be wound up. Accounting poli¢ies 2.1 BasÉs of preparation of financial ststements The financial statements have been prepare(l in accordance wilh the Charities SORP IFRS 1021- Accounting and Reporting by Charities." Statement of Re￿mmended Pra¢li¢e applicable lo charities preparing their accounts in accordan￿ with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland {FRS 1021 (effective 1 January 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} an¢J the Companies A¢t 2008. 11 meeis the definition of a Publ￿ benefit entity under FRS 102_ Asseis and liabilities are initially recognised at historical cost or transaction value unless otherwise staÈed in the relevant accounling policy. 2.2 Going concem The financial statements have been prepared on the going concun basis. 2.3 Income l income is recognised ￿ee the Charity has entillement lo the incorne, il is probable that the income w¥ll ￿ received and the amounl of irthme receivable be measured reliably. Grants are included in the Statement of finaACi81 actNities on a weivable basi5. The balance of income received for specrfic purposes bLrt not expended during the period is shown in the relevant funds on the Balance sheet_ Where irtCOEne is received in advance of entitlement of receipt. its recognition is defer￿ and induded in cren of the inlerest paid or payable by the institution with whom the funds are deposited. 2.7 Tangible fixed assets and depreciation Tangible fixed assets costing £250 or more are capitalised and reoognised when fvture economic benefits are probable and ihe cost or ¥alue of the assel can be measured reliably. Tangible fixed asse15 are initially recognised at cost_ After recognilion, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred lo bring a tangible fixed asset into its intended working condition should ￿ included in the meas{J￿ment of cDst. Depreciation is charged so as lo allocate the cost of iangible fixed assets less their residual value over their estimated useful INes. Deprecxation is provided on the follovAng basis". Motor ¥eh￿leS Fixtures and fittings orfice equipment -25% -25% -25% on reducing balance on reducing balance on reducing balance 2.8 Debtors Trade and other debtors are recognised at the settlement amount after any trade dis¢ounl offered. Prepayments are valued at the amount prepaid net of any trade discounls dtje. 2.9 Cash at bank and in hand Cash al bank and in hand includes cash and short-term hsghly liquid 1nvestments with a short maturity of three monlhs or less from Ihe dale of acquisitK)n or opening of the deposit or similar account. Paye 12 AGE UK NORTh CRAVEN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies {continuedl 2.10 Liabilities and provisions Liabilities are recognised when there is an obligation at ihe Balance sheet date as a result ol a past event, il is probable that a transfer of e￿nOMiC benefit wdl be required in settlement. and the arnount of the setuemenl can be estimated reliably. Liabiliiies are recognise(l al the amounl that the Chartty anticipate5 il ￿11 pay to settle the debt or the amoLint it has f￿[Ve￿ as advanced payments for the goods or servi￿S it musl provsde. 2.11 Pensions The Charty operates a defined contribulton pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.12 Fund accounting General funds are unrestrKle¢J furxls which are available for use at the discretson of the Trustees in furtheran￿ of the gerteral objectives of the Ch8rtty and which have not been designated lor other purposes. Reslricled funds a￿ funds which afe to be used in a(*orda￿e vAth specific restrictions imposed by donors or which have been raised by Ihe Charity for particular purposes. The costs of raising and administering such fun