Company registration number: 07506866 Charity registration number: I1411 AGE UK BURY (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANaAL STATEMENTS 31 MARCH 2024 Horsfield & Smith Tower House 269 Walmersley Road Bury Lancashire BL9 6NX
AGE UK BURY CONTENTS Reference and Administrative Detai Trustees, Report 21013 Independent Examinees Report 14 Statement of Financial Artivities 15 Balance Sheet 16 Notes to the Financial Statements 17to31
AGE UK BURY REFERENCE AND ADMINISTRATIVE DETAILS Chlef ExKutl¥e Officer Mrs A Stsrk-Ketcher, Chief Officer Mrs J Rees. Chair Mrs P Jones-Greenhalgh. Treasurer Mrs Edwards Mrss Holt Ms C Brookes Mr D Lees Mrs Mar8aret Fullen I14111 Charlty Re8lstratlon Number Company Registration Number 07506866 The charity Is Incorporated in En8land and Wales. The Jubilee Centre Mosley Avenue Bury Lancashire BL9 6PQ Re815tered Offlce Horsfield & Smith Tower House 269 Walmer5* Road 8ury Lancashire BL9 6NX Bankers Santander UK Bridle Road Bootle Merseyside L30 4GB
AGE UK BURY TRUSTEES. REPORT The trustees. who are directors for the purposes of cornpary law, present the annual pOrt together with the financial statements of the charitable company for the year ended 31 March 2024. TRUSTEES The trustees and officers serving during the year and since the year end were as foll0v. Mrs J Rees, Chair Mr5 P Jone5-Greenholgh. Treasurer Mrs EdvRrds Mrss Holt Ms C Brookes Mr D Lees Mrs Margaret Fullen lappointed 30 January 2024) Mrs P Walton, Deputy Chair (resigned 30 January 2024) sTrucnJR4 GOVERNANCE AND MANAGEMENT Age UK Bury is a registered charity I11411) and company limited by guarantee. registered in England and Wale5, company number 75(W6. Its 8oveming document is rts meMorarUm and Articles of Association. Recrultment and JppolntmentoAtrustees Recruitment to the membership of 4e UK Bury ha5 been by invitstion to indrviduals with the relevant skills and experience to Stngthen the govemance of the organisation. The Annual General Meeting of the Charity elects the Directors and Honorary OffKers to serve on ihe Executive Committee. appoints the Independent Examiner and consider5 and adopts the Annual Report and Financial Statements for the preceding year's activities. Bury Council may nominate one person to the Executive Committee who has the right to attend and speak but noi to vote. Indurtlon and tr•lning oAtntstees All new (iirectors are provided with an induction pack containing the Charity Commission's guidance on their responsibilities and ewntial infomiation foT director& Oryonisationalstrurture The Executive Committee meets at least four times a year and consists of individuals or representatives of bodie5 sympathetic to the objerts of Age UK Bury. The Finance and General Purpose5 Sub-committee reports back to the Executive Committee. Working groups can be set up to look at specific issues and these will also report back to the Executive Committee. All directors glve thelr time freely and no remuneration was paid to them in the year. Dirertors are required io declare all relevant interests or potenlial conflicts of interest at the start of each meeting and withdraw from decisions where a conflict of interest may arise.
AGE UK BURY TRUSTEES, REPORT The Chief ExecutNe Officer has operational responsibility for the provision of seNices and support of staff and volunteers. There were 30 members of staff during this time. Our organisation is supported by more than 65 volunteers who contribute their time and efforts across mubtiple locations. including the Chatterbox Cafe, the Jubilee Centre. two charity shops, our Handyman service. our Befriending service. and by leading walking xtivities. We wish to express our profound appreciation for their invaluable contribution to our charity. Relationslvp5 With relatedpartles Age UK Bury is an independent charity. The charity work5 in partnership with the national charity, Age UK and it is a member of the Age England Association. The Chief Officer regularly meets with other Age UKS in Greater Manchester and in the North West. Majorrlsks andmanagementof thoseiisks Age UK Bury conducts a risk assessment annually to clarify the known financial liability carried by the organisation so that any necessary actn5 can be instigated. The risk assessment requires a detalled examination of the or8ani5ation's financial liabilities in relation to property and lease5: 5taffin8 Costs: contrartual relationships; insurable risk51including public liability, employers liability, property and contents); trustee liability, fraud and competition. To address these risks, directors will: Review the costs for all services over the course of the year. Look to increase income from retail shops. activities. donations. and legacies: Work closer with local businesses, grant-making trusts and fundraising events; Promote a greater awareness of the work of the charity to older people. potentlal funders. partners and public Consider. where appropriate. opportunities for partnership work wilh local agencies and other A8e UK5 in the Greater Manchester area toiointly deliver 5ervices.- and Develop a business case to ensu sustainability for the future. PrOdureS are already in pbace to ensure compliance with health and safety regulations within the premises occupied by the charity. prOdUreS are periodicalty reviewed to ensure they continue to meet the need5 of the charity.
AGE UK BURY TRUSTEES. REPORT Appropriate crirninal records checks are made for all those who work with older vulnerable people. Safeguarding Vulnerable Adults training is provided to those who work with vulnerable older people. A review of ICT systems is currentty in place to ensure all critical data is secure and backed up and that data can be Shared between computers within the organisation. The charity has adopted a 'Proterting the Environment. Statement. The directors do not consider that there are any attivitie5 that could be construed as being detrimental of harmful to the public or the environment. However. if anyone has any cause for concem, they are able to bring it to the attention of the Chiet Officer, or by using the policy on Comments. Compliments artd Complalnt5, which is available from the main office. Qualitystondords We are proud to have reviewed the Organisational Quality Standards for local Age UKS in England in 2024. Our achievement of the Organisational Quallty Standards recognise5 the high stsndard of our performance as an organi5ation. It certifies that we are a well-governed and effective organisation committed to the wellbeing of people over 50+. wlth our team and volunteers, along with our commitment to Collaborati with others. The Standards a externally assessed by industry leaders SGS and endorsed by the Charity Commisslon. OBJEcllvES AND AcnviTIES Objects and oin The object of the CharTtable Company is'to promote the welfare of people 50+ in any manner whlch now is or hereafter may be deemed by law to be charitable in and around the Metropolitan Borough ofBurf. The relevant powers Branted to it by the Memorandum and Articles to achieve this indude: To encourage, promote and organise dI¢t seNices appropriate to the needs of indNidual people 50tr or groups of older people: To work in partnership wtth other organisations wtth a similar goal- To engage in research and the provision and publication of infomiation. Each year our dirertors review our objectives and actNities to ensu they continue to reflect our aim5
AGE UK BURY TRUSTEES, REPORT Publk benefv The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidan published by the Charity Commission for England and Wales. Age UK Bury's charitable purpose is enshrined in its object 'to promote the weare of people 5(IF in any manner which now is or hereafter may be deemed by law to be charitable in and èround the Metropolitan Borou8h of Bury. The trustees ensure that this purpose is carried out for the public benefit by delivering services that are valued by our Service users and by enabling people S0+ in our area of benefit to enjoy a fulfillin8 later life. The trustees ensure that we carry out all our activities in an open and tranSPant manner which results in a WelManaged charity that prompts public trust and confidence. ACHIEVEMEKfs AND PERFORMANCE DURING APRIL 2022 TO MARCH 2023 This year, we continued rebuildin8 our services from the impact of the Covid Pandemic. This was made even more difficult with the cost-of-INing crisis. the impact of Brexit. and the war in Ukraine. We are grateful to our staff and volunteers who continued to support people 50+ in the Borough of 8ury through the year by delivering the followin8 services: Befriending Home From Hospltal Chatterbox Café Friends tO8ether Information and Advice Energy saving Advice 2 x Charity shops Continually pmviding activitie5 for people over S0+ and maxirni51 the nt,$ potent1 The introduction of new concepts for operating the café on weekends and hosting regular evening events will provide additional financial resources to sustain the buikling's operations. Condurt a comprehensive evaluation of the services we offer to individuals aged 50 and above to ensure on80ing excellence in Servi delivery. Additional financial support frorn business organizations is essential to enhano Age UK Bury's Visibility and communlty eagernenL as well as to facilitate donatiofts.
AGE UK BURY TRUSTEES, REPORT The Befrlendlnq Servlce Led by Jone Lees Iwnending Co-ordinatorland Stetth Ctr*srw8fe (Telepkne BefrleTrlir¢ ¢)ffKerl Durin8 the Covid pandemic. the Keeping in Touch telephone seNice was set up to support people with the extreme loneliness they were experiencin8. Once restrictions were lifted, we expected the demand for this service to decrease. The National Lottery Community Fund gave us an Awards For All grant to allow us to continue the service and identify the need for the service now that life had returned to normal. This seThice was still needed and through0 the year. our volunteers support between 140-150 people per week. We were intrigued to explore the geographical distribution of our telephone befriendees. A volunteer created a map that revealed distinct "clusters. of befriendees residing in proximty to each other. For instance, a group of older men was found to INe near the Dumers Lane Centre. Consequently, we or8anized a coffee momin8 to brin8 them tO8ether. Additionally, another cluster was established in Ram51Jottom. and we intend to replicate this model in other regions of Bury. This year marked the return of face-trtrface befriendin& which is offered to those where a phone call is inappropriate las some people stru88le to Use 3 phone) or insufficient. ft is aimed at those who are housebound and therefo unable to get to cluster groups. Housebound could be due to physical ailments or mental health issues. The volunteer befriender visits a person in their home on a regular basis. providing companionship and friendship. and helps to redu the person's feelings of Isolation and loneliness. Our Befriending serrfice helps people to feel valued and speCted. We are grateful to Bury Council. National Lottery Cornmunity Fund and our volunteers for providing this valuable support to people 51h in Bury. Wlnter packs were supplied by Bury Councll to help those people WIK) needed the pack to keep warm in the winter month5. Infvmiation andAth¢e led tyjoanne Cocker II&A Mamgtrl ènd Irene Perrella II&A OflterEnerey soviry•d¥ice Offttr) The aim of our Information and Advice service is to support people 50fr with help to enable them to live independently and cope with all the problems that getting older throw up. The seThlce specialises in making sure people receive thelr fvll entitlement to benefits and supports people with filling in clalrns for attendance allowan and pension credlts. We onty provide advice on pension-a8e benefits. arKI we refer people who need help with working-age beneffts to Bury and Bolton CABB. We are approached for Information & Advice on many issue5. for example care home charges and funding or care packages and help available to remain living at home. Our community service help5 indNiduals aged 50+ throu8h telephone sUPPOrt or in-person consultations. which can tske place at our Jubilee Centre or at the indivldual's resideno. Our local service works closefy with the national Age UK whith provides an Advice Line - 08 678 1602, 365 days a year from 8.(Klam to I9.pm. When a request for assistance is receNed by the national helpline that requires a local response. a referral is diretted to our service. Age UK national produces a range of leaflets, which we circulate in ourvenue5 and supply to our local partners.
AGE UK BURY TRUSfEES' REPORT The provision of benefrts advice to people S¢F and who are eli8ible to receive 5tste pension. {If someone is of working age, we will refer them to Bury and Bolton Citizens Advice Bureau.) One to one help with filliftg in fomis. Provision of infomiation booklets on Pension Credit and Attendan Allowance and other relevant material. Signposting to other relevant sources of older people's sUPPOrt, relevant tt) their needs. We would like to thank Bury Council for their 5UPPOrt in funding this service. The Handy Petson Servke Led by Andrew Wall ljoint Handy Person Mano8erl aNJ gje Brndy ljoint Pern>n Man•BerlAdminlstrntorl The Handy Person Serrfice help people 50+ in Bury with small DIY and repair jobs such as ffttlng handrails and security locks. putting up shelves. curtain rails and wall decorations- assemblin8 flat pack furniture; minor plumbin& paintin8 and decorating work and changing light bulbs. Our organisation is supported by proficient volunteers who assist with ta$ that people SO+ require. Between April 2023 and March 2024. we instsljed 240 key safe> We provided a prompt service which was assisted Bury Adult Care servi and Hospital Discharge Team5 to facilitate patient release from h05Pital and provision of care in their homes. Fnend5 Together Led by Cart• Halewe4)d A8e UK Bury runs four "Frnds Togetheff groups to bring people S0+ together. Our groups are aimed at peopbe. aged 65 and over. who rarety see anyone frorn week to week or need a little extra support to get out for the dav. The group offers an opportunity to meet others over lunch and enjoy actNities together. Our group5 are CurntlY based in the north of Bury. Pre5twi¢h, Whitefield and Radcliffe. We can offer transport, and we provide a lovety two course meal provrded by local caterin8 organisations. arltyshops Led by Debbie Sellers IR*all Dekpftxfit Manaprl: Lynn Curley (Bwy Managerl and Carok Crompton IRamsbottom Shop MaMÉerl. Our two charity shops at The Rock in Bury and on Bridge Street in Ramsbortom sell donated goods to raise funds for our charity and act as a link for the public to access our seNices. In Au8USt, we found a way to convert donated forei8n, British coins and stsmps into toda(s currency and we are promoting this to our regular donors. We continue with embracing claiming gift ald for donations. and thi5 is proving very successes slnce it was installed in October 2022. Crown Oil continue to support and donate raffle prizes throu8hout the year.
AGE UK BURY TRUSTEES. REPORT led tr•fAltson Wtseman This service offers SUPPOrt to Bury residents aged 5(>F WI have recently or are being discharged from Hospital. The service offers people: Practical a5SiStance to settle safely back at lffle Information and Advice Support applying for benefrts Support with housing appliotbons where it is apparent rn0 suitsble housiTrd is essential Si8np05tin8 to access Other community services Initial essential and short-term support with grocery shopping Initial essential and short-temi support with grocery 5hoppirvJ Assistance with basic artTvitte5 of daily living Guidance and often more specific practical support faced by those discharged from hospitsl Support for Family and signfficant otheTS With what can be challenges when faclng a deterioration in their loved one's health Practical support with liaisin8 With other professiona15 including a5Si5tance navi8atin8 "the system" Ongoing weffare checks With ftinding received from Bury Council in conjunction with the NHS for March 2023/April 2024, the servio could continue for a fvrther year. Alison Wiseman. Service Manager commenod in the role December 2022 with Sophie Dickson and Annette Allan recTUited as Seplice Officers {Februèry and May 2023 respectively). The priorities for the first six months were to establish a presence in the hospitsl. develop relationships with other professionals and commence implementation of the new servio to Complime what is alrea(ty in place. We are grateful for the supwrt of Bury VCFA. Bury Council. and Ahmed Ajmi, Strategic Lead. Integrated Commission1 for meetir* with us on a bi-weekty basis to discuss through issues raised in the development of the servi. Speaal thanks also go to Catherine Wilkinson. Adam Bradley and the staff of Fairfiekl Hospital. We assist and offer support: Detailed initial home vtsit and full dient assessment cornpleted Deterniined the need for Carelink falls sensorwrist alami, to support falls risk and referral made Support to refer for footcare a5 a home visit Prescription ordering and collertion to ensure the medKation management is delivered to the client Di5CU55i0Tr5 and information about accessing the community With a5SiStance Optical home review accepted. and ieferral made Benefits check referral mode
AGE UK BURY TRUSTEES, REPORT Environmental assessment support Referral to GP for a full medication review Our Home from Hospital Service and Handyman servi work very closely together and share office space at Dumers Lane Community Centre. A)1 key safe referrnls are now made via the Home from Hospitsl Team. Thi5 ensures 3 standardtsed and consistent approach to referrals which in turn creates a rn0 responsive and effective servi. Positive feedback has been receNed from our customer TheJubAlee Centre Led by Lindsay Rowley (Offio Managerl 8ookkeeperl and Karen Ashton (è &Jpervi50rl The Jubilee cent is a unique facility. providin8 a café service and activity centre for people 50tr and their carers in Bury. It is situated in Clareno Part Overlooki the lovefy Lido. A normal week's artivities include: • Yoga • Short-mat bowlirv • Fit for Life Exercise • Pilates • Chair-Based Exercise . Community Choir • Dance, Fit, Fun (Women Only) Men's Onty Keep Fit • Knit and Natter • A Bingo and Quiz Afternoon • Tai Chi • Sequence Danung for Beginners . A Tea Dance Afternoon • Line Dancing . Footcare Clinic We are extremely 8rateful to: Our tutors - Melanie Ma50n. Diane Askew. Sian Edward5-Davies. Debs Ca55ar-Egan. Andrea Lynette-Youn& Malcolm Brister and Sue Johnson Marlon Schofield for leading the Knit and Natter group Dougie Warrin8ton of Phoenix Footcare is dedicated to addressin8 the foot care needs of indivlduals Anne. Jean and Nigel for lookin8 after the Jubilee Garden Our volunteers in the café arrtl centre Our café remains a5 busy as ever throughout the whole year. We are extremefy grateful to our team of excellent volunteers who allow us to continue table seryice. which was first brought In during the ¢ovid restrictions for hospitality. The Jubilee Centre ran two "Living Ltfe to the Fuif courses to support people to tackle PToblems. build confidence. feel happier. stay calm, addre55 upsetting thinking.
AGE UK BURY TRUSTEES, REPORT With funding from the Bury Health Improvement Fund. we were 3ble to offer Men's Only Exercise class and new classes began in April 2023. Our day trips were able to stsrt again and our Chair, Joan oan1std excellent trips to York, Cheshire Oaks and Boundary Mill. Christmas returnefl to its foTher 5plendour. This included the return of the Radcliffe Male Voi Choir to launch our Christmas, four days of serving Christmas lunches in the conservatory café and pèrties for our Tea Dancers and Line Dancers. We added a "Jacob's table", an event where everyone brings a contribution of food. to our festive celebrations. Dumeys Lane Communitycentre Led by Sue Bradley The property at 245 Dumers Lane was a former library. run by Bury Council. It had been taken over by "Friends" group. but they were unwilling and unable to continue their operotion after the Covid lockdown. Age UK Bury came to rescue and took over the lease. With funding from The Peel Group Foundation. the centre was cleaned up. painted and refurbished. A new Welcomia Si8n was put outside the centre and the security fence was erected to deter vandalism. New chairs and tables We purchased to give the centre a warm welcoming feel to visitors. The Centre is ideal for small group work. It became the home of our Radcliffe Friends Together group which meets every Thursday. Two cluster 8roups. comprising of people who Irrfe very close by, began to meet on Tuesdays and Fridays. The Phoenix footcare seNice offers appointments on Wednesday& The fir5t-Iloor office space 15 home to our Service. Befriendirs and Home from Hospital teams. In re-estsblishing the centre, we are reaching out to local partners to look at how we can best work with residents to develop small groups of I12 people. We are very grateful to the Peel Group Foundation for their support wlth the redevelopment of the centre for residents in Radcliffe and Redvales. Promotlw our ser¥ke Our monthly email distributed through Mailchimp software is circulated to 7tM) subscrfbers and increasing each month. We update 230 followers on Facebook and 2,150 followers on Twitter with news about our services in Bury. Our Vb$ite is available at www.a8eukbury.or8.uk and we womote our services through 8008le search engine. io
AGE UK BURY TRUSTEES, REPORT OUR PRIORITIES FOR 202>2025 It is reco8nised that there are many challenges and opportunities for local independent charities. Our priorities are= to maintain and develop the work we are already carying out: to achieve a budget that ensures expenditure does not exceed income and increase the level of reserves at a level of six months running costs. to maximise income from the Jubilee Centre and Tetail shops and identify altematwe fvndlng streams. to explore and bid for pieces ol work that complement our aims and our ways of workin8 and attrart funding for core-COSts: to ensure good governance to limit risk to the organisation and our work. to have a point of contart in each locality in the borou8h by 2025" and to maintain and improve dialogue with people 50F in Bury and strengthen communications within the organisation. THANK YOU We would like to thank the followi for iheir support to our charityover the year: Bury Council for fvnding Friends Together. The Befriending Proje¢ Infom)ation and Advice, Handy Person Service, Key Safe service and Health Improvement Grants and the distribution of Household grants project: IOGM Home from Hospital Tar8eted IeStment Fund & GM ICP for support to the Home from Hospital Service. National Lottery- Awards for All for support to the Keeping in Touch telephone serviee: Health and Social Care transformation funds. administered trrf 8ury VCFA to support our Handy Person Service; The Peel Group Foundation lortheir support to Dumers Lane Community Centre. A8e UK Cost of Living Grant & Winter Health Grant: and CABB for their works with the Energy Saving project. We give our special thanks to the families and friends wlx) gave donations In memory of their loved ones throughout 202312024. We express our gratitude to all individuals who consistently supp)rt Us by participatlon In our 100 Club. li
AGE UK BURY TRusfEES' REPORT We realty appCiate the kindness we have received from the followirg people and organisations: . A8e UK and local A8e UK5 throughout Gater Manthester and the North-west • Asda Foundation Avasarni • Bury Council • Bury Older People'5 Staying Well Team • Bury Society for Blind and Partially Sighted People Bury Voluntary, Community and Faith Allian • Chapter of Unanimity • Crown Oil . Friends Of (lan Park Greater Manchester Poli Healthwatch Bury • Horsfield and Smlth Moving on Together Northern Care Alliance • Phoenix Footcare Raddiffe Male Voice Choir Rawtenstall & Distrirt Senior Citiiens . Rotary aub of Bury The most valuable $oUrceS we possess are our people. We extend our heartfelt gratitude to our stsff, volunteers. fundraisers. and tutors for the unwavering support they have provided to us and to one another over the course of the year. FINANaAL REVIEW The trustees of Age UK Bury hold reserve5 forthe purpose of al Ensurin8 consistency for those who use and depend on our sep4ices; b) Responding to shortfalls in fundi or unexpected events to protert or redesign Servi5. cl Maintaining a degree of independence from the statutory sertor. and funders in general. to allow the charity to set its own agenda to meet the local needs of people INing in Bury. The aim 15 to achieve a level of reserves that is equivalent to at least three months running costs. The free reserves {total reserrfes less fixed assets) on 315t March 2024 stand at £78.296 which is equivalent to nJnnin8 costs for two monihs. This is a reduction on the pVIouS year. As with all charities in the current Cost of living Crisis, cashflow has been squeezed by increasing runnin8 costs and a reduction in available funding. Over the next financlal year, the trustees alm to Increase the free reseNes and have plans in plao to do thi 12
AGE UK BURY TRUSTEES, REPORT STATEMENT OF ThusfEES' RESPONSIBIUTIES The trustees (who are atso the directors of Age UK Bury for the purposes of company lawl are responsible for preparing the trustees, report and the financial ststements in accordance with applTrcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 Tre Financial Reporting Stsndard applicable in the UK and Republic of Ireland". Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial ststements unless they are sat15fied that they give a true and fair view of the state of affairs of the charitsble company and of the incoming resources and application of resources, includin8 ts income arHI expenditure. of the charitable company for that period. In preparing these financial statements. the trustees a required to: select suitable accounting polic$ and apply them consistently; observe the methods and principles in the Charrties SORP; make judgements and estimates that are reasonable and prudent: state whether applicatrAe accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements.. and prepare the financial statements on the going concern basts unless it is inappropriate to pSume that the charitable company will continue in busines5. The tnJstees are sponsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charbtable company and enable them to ensure that the financial statements comply with the Companie5 Act 2C(6. They are èlso responsible for safeguarding the assets of the charttable company and hence for taking reasonable steps for the prevention and detettion of fraud and other irre8ularities. The trustees are responsible for the maintenance and inte8rity of the corporate and financial information included on the charitable company'5 website. Legislation governing the preparation and dissemination of financial statements may differfrom legislation in otherjurisdirtions. The annual report was approved by the trustees of the charity on 20 December 2024 and signed on its behalf by: J Rees Trustee 13
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE UK BURY (YHE COMPANY) I report to the charity Irustees on my examinat6on of the accounts of the Company for the year erKled 31 March 2024. ReSpOn11ft1es and basts of report As the charivs tnjstees of the Company (and also its directors fi>r the purposes of company lawl you are responsible for the preparation of the accounts in accordan with the requirements of the Companies Act 21XJ6 {'the 2( ACY). Having satisfied myself that the accounts of the Company are not qUired to be audited under Part 16 of the 2CI)6 Acl and are eligible for independent examination. I rep)rt in respect of my examlnatson of your charivs accounts as carried out under section 145 of the Charities Art 20111.the 2011 ACYI. In carrying Out my examinion I have followed the Dirertlons given by the Charity Commisslon under section 145(51(b) of the 2011 Art. Independent ex¥ninee$ statsment Since the Company'5 gros5 income exceeded £250,(KX) your examiner must be a member of a body listed in section 145 of 2011 Act. I confinn that l am qualified to undertake examination because l am a member of ICAEW. which is one of the listed bods. I have completed my examination. I confimi that matters have come to my attention In connection with the examination 8bvin8 me cause to believe: l. accounting records We not kept in $[* of e UK Bury as requlred by sectk•n 386 of the 2{ Act; or 2. the accounts do Th>t accord wlth those records.. or 3. the accounts do not compty with the &counting reqUirnents of sectk>n 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, whlch is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared Sn accordance with the methods and prlnaples of the Statement of Recommended Prartice for accountin8 and reportiWd by chorikne5 (applicable to charilies preparing their accounts in accordan with the Financial Reportln8 Standard applicable in the UK and Republic of Ireland {FRS 1021]. I have no concerns and have come across no other matters in connectton with the examination to which attention $Uld be drdwn in this report in order to enable a proper understandin8 of the accounts to be reached. IL Tower House 269 Walmersley Road Bury Lancashire BL9 6NX Peter Nicol Bsc FCA ICAEW 2{ December 2024 14
AGE UK BURY STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OFTOTAL RECOGNISED GAINSAND LOSSES) Unrestricted Restricted funds funds Total 2024 Totsl 2023 Income and Endowments from: Donations and legacies Other trading activities Investment income Other income 120.421 278,735 10.351 223,684 6.223 344,105 284.958 10.351 9,984 432.013 262,155 3,612 6.720 9,984 Total Income 409,507 239.891 649.398 704,X} Expendlture on: Raising funds Charitable artivities 1226,4(61 1267,9441 113,423} 1312.5341 {239.829) {580,478) 1212.4631 1458,745} Total Expenditure 1494,3501 1325,9571 1820.307) 1671,2081 Net (expenditu)llnCQrne 184,8431 186,0661 1170,909) 33.292 Net movement in funds {84.843) {86.0661 I170.9) 33.292 Reconciliatlon of fvnds Total funds brought forward 406.123 154.128 560.251 526,959 Totsl funds carried forward 21 321.280 68.062 389,342 560,251 All of the charitys activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 21. 15
AGE UK BURY BALANCE SHEEr AS AT 31 MARCH 2024 {REGISTrATION NUMBER: 07506866) 2024 2023 Flxed a$5ets Tangible assets 15 246,614 256,542 Current assets Debtors Cash at bank and in hand 16 66,104 167,186 14,374 331.632 17 233,2 346,1116 Creditors: AmOuntsfalll due wlthln one year 18 190.562) 142.297) Net current assets 142,728 303,709 Met assets 389.342 560.251 Funds of the charlty. Restrlcted Inm funds Restricted funds 68.C62 154.128 Unrestrlcted Income funds Unrestricted funds 321,280 406,123 Total fvnds 21 389.342 560,251 For the financial year endiTha 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2( relating to small companies. Directors, resFonsibilitie5: The members have not required the charity to obtsin an audit of fts accounts for the year In question in accordance with sertion 476: and The directors acknowledge their ie5ponsibilities foT complying wrth the requIrnets of the Act with respert to accounting records and the preparation of accounts. The financial statements on page5 15 to 31 were approved by the trnstees. and autIrised for issue on 20 December 2024 and signed on their behalf bw. J Rees Trustee 16
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 i Charity status The charty is limited by guarantee. incorporated in England and Wales. and consequentty does not have share capital. Each of the trustees is liable to contribute an amount not exceedin8 El towards the assets of the charity in the event of liquidation. The address of its registered office is-. The Jubilee Centre M051eyAvenue Bury Lancashire 8L9 6PQ 2 Account1 policies Summary of slznlficant acc¢)untln8 pollcles and key accountSng estlmate5 The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless othen¥ise ststed. Statement of compllance The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Prnrtice (applicable to chartties preparing their accounts in accordance with the Financial Reportin8 Stsndard applicable in the UK and Republic of Ireland IFRS 10211 (issued in Ortober 2019) - (Charrties SORP IFRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFIiS 1021 and the Companies Act 2(M)6. Basts of preparallon UK Bury rneets the definition of a public benefft entty under FRS 102. Assets and liabilities are Initially recognised at historical cost or transaction value unless otherwise stated in the relevant accountin8 policy note5. Going toncem The financial statements have been prepared on a 80ing cOnrn basts. The trustees assess whether the use of 80ing concem Is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the abilty of the charity to continue as a going concern. The trustees make this assessment In respect of a period of one year from the date of approval of the financial statements. Incorne and erKlowrnents Voluntary income including donations. gifts. legacies and grants that provide core fvndin8 or are of a general nature is recognised when the Charity has entitlement to the income. it is probable that the income will be received and the amount can be measured with suffJ¢*nt reliability. 17
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2024 Donatlons qndlego¢les Donations and le8acies are recognised on a receivable basis when rlpt is probable and the amount can be reliably measured. Gronts recelvoble Grants are recognised when the charty has an entitlement to the fvr*ds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognsied as a liability and included on the balance Sheet as deferred income to be released. Donatedseryi¢es ondfv¢ilitles Gifts and intangible income is included at the cost of the donor, where this cost is not known precisety an estimate of the value of such gifts is included in donations. Time gwen by volunteers is not included at a value. Expeftdlture All expenditure 15 recogni5ed once there 15 a legal or coThstrurtive obligation to that expenditure, it 15 probable settlement is required and the amount can be measured reliabty. All costs are allocated to the appliable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the os5eVs use. Other support costs are allocated based on the spread of staff costs. Raislnofvnds These are costs incurred in attrarting voluntsry income, the mana8ement of investments and those incurred in trading artrrfities that raise funds. Charitable expenditure comprr5es those costs incurred by the Chority in the delivery of its activitie5 and services for its beneficiaries. It include5 lyoth costs that can be allocated dIrtIV to such activities and those costs of an indirect nature necessary to support them. Support costs Support costs include central functions and hève been allocated to activity cost categories on a basis consistent with the use of resources for example. allocating property Costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Gtwernante costs These include the costs attributable to the Charitys compliano with constitution?1 and statutory requirements. including audit, strategic management and Trustee's meetings and reimbursed expenses. 18
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 nd therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Art 1992. to the extent that such income or gains are applied exclusively to charitable purFKsse5. Tangible fiyed assets Individual fixed assets are inltially recorded at cost. less any subsequent accumulated depreciation and subsequent accumulated impairment10sses. Depre¢latlon and aMort(ln Depreciation is provided on tangible fixed assets so as to write off the tost or valuation, le55 any estimated residual value, over their expected usefvl economic life as follows: Asset Class Freehold properties Jubilee Centre equipment Office equipment Motor vehicles Alterations to Landlord's property Deye¢latlon method and rate 4% straight line 2% straight line 20% straight line 25% straight line I[ strai8ht line Debtors Debtors are amounts due for ser¥ices perfornied in the ordinary course of business. Debtors are recognised initially at the transaction price. They a subsequently measured at arnortised c05t Using the effective interest method, less provision for impalrn)ent. A provision for the impairment of debtors is established when there is objective evidence that the Chartty will not be able to collert all amounts due according to the original temis of the receivables. Cash and cash equlvaknts Cash and cash equivalents comprise cash on hand and call deposits. and other short-term highly liquid investments that are readity convertible to a known amount of cash and are subject to an insignificant risk of change in value. 19
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trade credltols Trade creditors are obligations to pay for goods or Servi that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities rf the charity doe5 not have an unconditional right, at the end of the reporting per. to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date. they are presented as non•current Trade creditors are recognised initialty at the transartion price and subsequently measured at amortised cost using the effective interest method. Fund strurture Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds set aside for specffic purposes at the discretion of the tru5tee5. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Penslons and other post retiremnt obli8attons The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relatin8 to employee seplice in the current and prior periods. Contributions to defined contribution plans a recognised In the Statement of Fsnanaal Activlties when they are due. If contribution payments exceed the contfibution due for service. the excess Is recognised as a prepayment. Finandal instruments Financial assets and financial liabilities are 08n15ed when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instnjments are classified according to the Substan of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual Interest in the assets of the tharity after deducting all of its liabilities. 20
AGE UK BURY NOTESTOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 All financial assets and liabilities are iDitialty Measu at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss. which are initially measured at fair value {which is normal the transattion price excluding transaction costs). unle55 the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transartion, the financial asset or financial liability is measured at the present value of the future payment5 discounted at a market rate of interest for a similar debt in#rument. Financial assets and liabilities are only offset in the statement of financial position when. and only when the exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis. or to realise the asset and settle the liability simultaneousty. financial assets are derecognised when and onty when a) the contractual rlghts to the cash flows from the financial asset expire or are settled. bl the charity transfers to another party substantiallv all of the risks and rewards of ownership of the financial asset. or cl the charity, desplte having tained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are dereco8nised only when the obligation specified in the contract is dischar8ed, cancelled or expires. 21
AGE UK BURY NOTES TO THE FINANCIALSfATEMEKrs FOR THE YEAR ENDED 31 MARCH 2024 3 Income from dofiat and lewles funds General Restricted funds Totsl funds Grants. including capital 8rants: Grants receivable 59.927 60,494 19),641 33,043 250,568 93,537 Committed giving Total for 2024 120,421 223,684 344,105 Total for 2023 96.177 335.836 432,013 4 Income from other trad1 actlvliies Unrnstrlcted funds General Restrlcted funds Total funds Trading income: Shop income from sale of donated goods and services 136.111 136.111 Events income: Food sales Fundraising events 142,624 6,099 124 148,723 124 Total for 2024 278.735 6.223 284.958 Total for 2023 249.891 12.264 262,155 5 Investment income funds General Totsl funds Interest receivable and similar income: Interest recewable on bank deposits 10,351 10.351 Total for 2024 10.351 10.351 Total for Z023 3.612 3.612 22
AGE UK BURY NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 6 Other Income Total lunds nds Renlal income 9,984 9.984 Total for 2024 9,984 9.984 Totsl for 2023 6.720 6,720 7 ExPendIre on ralsingfunds a) Costs of tradlry actfvltle5 Unrestrlct¢d funds Totsl 2024 Total 2023 Deslgnated Genernl funds Costs of 8oods sold Staff Costs Legal fees Depreciation. amortisation and other Similar costs Other direct costs of activities for generating funds 70,892 101.357 717 13,391 84,283 101.357 717 74,479 84.984 959 959 1.978 52,481 32 52.513 51,022 959 225.447 13.423 239.829 212,463 8 Expendlture on ¢harltsble actl¥itles Restrlcted funds Totsl 2024 stsff costs Allocated support Costs 191,679 268.564 460,243 7,926 63.472 4.867 43.869 ioi 115,267 4,968 Goverftan costs 7.926 260,018 312,534 580,478 23
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Unre5trirted funds General Restrlrted funds Total 2023 Note Staff costs 148.829 66.169 4,877 202,049 36.794 27 350,878 102.963 4,904 Allocated sUPPOrt costs Govemance costs 219,875 238.870 458,745 Unrnstrlrted funds Deslgnated General Restrkted Total 2024 Total 2023 Advi Friends Together Jvbilee and Dumers lane 58,425 64,342 189,767 58,425 64.342 467,711 66,644 61,409 330.692 7.926 270,018 7,926 270.018 312,534 590,478 458.745 Included in the expenditure analy5ed al)ove. there are governance costs of £4,96812023 - £4.904) which relate directly to charitable activities See note 9 for further details. 9 Analysls of £ov¢mance and support Costs Governance ¢05ts funds General Rertrlcted funds Totsl funds Independent examinerfees Examination of the flnancial ststements Legal fees 1,387 ioi Totsl for 2024 4.867 ioi 4,968 Totsl for 2023 4.877 27 4,904 24
AGE UK BURY NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10 Net incominglo1rt801 resources Net loutgoingllincoming resources for the year include: 2024 2023 Depreciation of fixed assets 959 1,978 11 Trustees remuneratlon and expense5 No tru5tee5. nor any persons connected with them. have receNed any remuneration from the charty during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 12 Staff costs The aggre8ate payroll costs were as follows: 2024 2023 stsff costs durlng the year were: Wa8es and salaries Social security costs Pension costs 524.188 29,231 8,181 409,387 19.IlJ) 7.375 561.6CO 435.862 The monthly avera8e number of persons linduding senior management / leadership team) employed by the charity during the year expSsed as full time equivalents was as follows: 2024 2023 No Senior executNe Direct charitable work stsff Administrative staff 26 26 30 30 No employee received emoluments of MO than £60.) durire the year. 13 Independent examlner'5 remuneratlon Z024 2023 Examination of the financial statements 3.480 3.325 25
AGE UK BURY NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14 Taxatlon The charity is a registered charity and is therefore exempt from tsxation. 15 Tanglble Ilxed assets Land and buildl Furnlture and equipment Motor vehicles Totsl At l April 2023 480.513 117,086 36.614 634.213 At 31 March 2024 480.513 117,086 36,614 634,213 Depreciatlon At l April 2023 Charge for the year 237,660 5.907 104,539 2.879 35.472 1.142 377.671 9.928 At 31 March 2024 243.567 107,418 36.614 387,599 Net book value At 31 March 2024 236.946 246.614 At 31 March 2023 242.853 12.547 1.142 256,542 16 Debtors 2024 2023 Trade debtors Prepayments Other debtors 49.379 10.466 6.259 7.645 5,509 1.220 66.104 14.374 17 Cash and cash equfvalents 2024 2023 Cash on hand Cash at bank 6,829 160,357 7.825 323.807 167.186 331,632 26
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2024 18 Credftors: aTrts fall6 due withln one year 2024 2023 Trade ¢ditOrS Other taxation and Social security Accruals 18.983 32,424 39.155 7.658 19,829 14,810 90,562 42.297 19 Obllzatlons under leases and hlre purdw contracts Operatlng lease tommltments Total future minimum lease poyments under n01KanlIabIe operatin8 leases are as foll0v. 2024 2023 Land and bulklln8S Within one yeai Between one and five years 15.675 15,675 13.5LM) 15.675 29,175 20 Pen51on and other 5dMe$ Deftned contrlbutlon penslon S¢Tr The Charity operates a defined contribution pension scherne. The pension cost charge for the year represents contributions payable by the Charity to the scheme and amounted to £8.18112023 - £7,375). There were no outstandin8 or prepaid contributlons at either the beginning or end of the financial year. 27
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 21 Funds Balan¢e at i Aprfl 2023 Balance at 31 fvlarch 2024 Unrestrfcted Genefal 149.581 409,506 1485.4641 4.673 78.296 De9OtefvnrfS Fixed Asset Fund 256.542 (8,8851 (4.6731 242,984 Total unrestrlcted 406.123 409,506 1494,349} 321.280 Restrfrted Friends tO8ether Information & Advice Befriending Handyperson Health Improvement Fund 80,179 60.991 36.302 45. 172,8521 {48,449} 130,6721 {45.1091 7,327 15,363 23,142 13.C66 2.821 17.512 12,266 75S I1,0) 118.5211 (1,6021 (8.8791 iio,(xo) 1,037 118,C67) 98 Keeping in Touch Defibrillator 454 2C 1,5CX) 10.394 Dumers Lane 9.574 lo.) 11,089 Age UK- cost of INing Age UK- winter voucher scheme Home from H05Pital Building Fund Il,c {88.3551 11,993 2,514 2.514 154,128 239,891 {325,9571 68,(2 Totsl fvnds 560.251 649.397 1820,3061 389,342 28
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Balance at l April 20Z2 Balance at 31 March 2023 Incomlw Resources Unrestrl¢ted General 471.962 349.680 1417,4021 (254,659) 149,581 Designated 256.542 256.542 Total unrestrfrted 471.962 349.680 1417.4021 406,123 Restrlcted Friends together Information & Advice Befriending Groundwork 79,380 44,087 6.202 {79,2691 (41.2661 (31.7041 (910) 1470) (52,8CKII Iiii) 2.821 17.512 43.014 910 Cancer pathway Handyperson ealth Improvement Fund 470 3,376 61,6) 12,266 4.495 2,732 13.740} 117,124) 113) 755 Keeping in Touch Events with Funding Defibrillator I1.3 2,889 13 2(Ki 2C(I Dumers Lane Age UK- cost of living 4ge UK- winter voucher scheme 20,758 io,( 16.510) 14.6741 9,574 io,IKrf) Wome from Hospital 120.(MJ) 120,¢MJ) 1253.W6} 100,C(M) 54.997 354,820 11.883) 154,128 Totsl funds 526.959 704.5(KI {671.2081 560,251 The specific purposes for which the funds are to be applied are as follows: 29
AGE UK BURY NOTES TO THE FINANCIAL STATEMEKrs FOR THEYEAR ENDED 31 MARCH 2024 General Fund The free reserves after allowing for all desi8nated funds. Designated Fed Asset Fund This fund represents the net book walue of fixed assets already held. Whilst the value of these assets is included within the total funds of the charity. they do rM)t represent liquid/expendable amounts and should segre8ated accordin81y. Restrlcted Funds Friends Together - this service is supported by a grant from Bury Council. This funding is restricted. Informatlon al Ad¥lce - this service is supported by the Grace Rigby Trust. which is administered by Bury Council and Cost of Living Grants from Bury Council. This funding is restricted. Befrfendlng- this service is SUPPOrted by the Grace Rigby Trust, which rs administered by Bury Council. The Keeping in Touch telephone 5ercie was supported by Awards For All. Grants and fundraising for these services are restricted. The Handy Pern?n 5ervke this service is supported by the Grace Rigby Trust, which 15 administered by Bury Council. Thi5 funding is restricted. Health Impro¥ement Fund - is a projert funded by Bury Council which aim5 to help people improve their physical and mental health. Thi5 fundin8 is re5trirted. The Defibrlllator Appeal - this is an appeal to instsll a new defibrillator and case on the exterior of the Jubilee Centre. This funding is restricted. Dumers Lane - this Centre is supported by the Peel Group Foundation Trust for the development of the Dumers Lane Centre. This fvnding is restficted. Age UK Cost of Uvlng Fund - this Is a 8rant from our national partner. Age UK to support the running of the Jubilee Centre in April 2023 - March 2024 to ensure its sustainability and development. This funding is restricted. Age UK Vrinter Vowher Scheme - this is a one-off scheme to support older people with srnall payments for food. This funding is restrirted. Home from Hospltal Servke - this service was supported by the 10 GM Targeted Investment Fund with £20,CKKI grant to set up a new service at Fairfield Hospital. Funding of £IOO,(KKI was received from Greater Manchester Integrated Care Partnership to run the srvice from April 2023 to March 2024. This funding is restrirted. We are very grateful to all our funders for their support to our work. Controlllrrf entfty The charity is controlled by the trustees who are all dirertors of the compony. 30
AGE UK BURY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 22 Analysis of net assets between funds Total fund5 at 31 March 2024 Unrest1kt funds General Restrfcted funds Tangible fixed assets Current assets Current liabilities 242.984 3.630 64,432 246,614 233,2 190.5621 168.858 190.5621 Total net assets 78,296 242,984 68,062 389,342 Total fvnds at 31 March 2023 UnreStrIrt funds General Designated Restrlcted funds Tan8ible fixed assets Current assets 256,542 256.542 346,C 142.2971 191.878 142.297) 154.128 Current liabilr(ies Total net assets 149.581 256,542 154,128 560.251 23 Related partytransact There were no lated party transactions in the year. 31