Charlty reglstratlon number 1142364 IEngland and Wales) Company regl8tration number 07535629 AGE UK TAMESIDE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
AGE UK TAMESIDE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Robert Needham Mrs R S Thornpson Mrs J Woodward Mr P Chester Ms J Sheppeck Secretary M Thorpe Charlty number IEngland and Wales) 1142364 Company number 07535629 Reglstered olllce 131 Katherine Street Ashlon-under-Lyne Greater Manchester OL6 7AW Independent examlner Peter Buck FCA, DChA, Champion Accounlanls LLP 7-9 Slalion Road Heskelh Bank Preston Lancashire PR4 6SN
AGE UK TAMESIDE CONTENTS Page Trustees. report Independent examinerfs report Staternenl of financi818ctivilies 9-10 B3lanGe sheet Notes lo the financial slaternent8 12-23
AGE UK TAMESIDE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees pfesenl their annual report and financial statement8 for the year ended 31 March 2025. The financial slatemenls have been prepared in accordance wilh the accounting policie5 sel out in the notes 1 to the financial statements and comply with the charily's governin9 document, Ihe Companies Act 2006 and 'Accounllng and Reporting by Charities.. Slalement of Recommendeis Practice applicable lo chaiities preparing Iheir accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffeclive 1 Janvary 20191. Objectlves and actlvltles The objects and powers ol the organisation are governed by the Articles ol Assoaation. The Charity's registered office 15 131 Katherine St, Ashlon-tJndei-Lyne, Tarneside, OL6 7AW. The policles and general management of the Charity's aclivilies ale directed by the 8oard of TTUStees which meels a minimum of four limes per year and delegate responsibility lor the delivery of policy and general rnanagemenl to The Chief Executive Officer Marcia Thorpe. The 8oard ol Trustees is responsible lor the overall governance, management and conlrol of the organisalion, working with the Chief Executive Officer ICEOI and Ihe Leadership Team ILTI in Strategic and organisalional development. Decisions about day-to-day operations are taken by Ihe CEO, mallers with significanl implicalion5 relating lo health and safely, safeguarding and legal compliance le.g., Data protectionl are brought lo the Chair and Board. Publlc Benellt The Board of Trustees gSves regard lo the Charity Commission guidelines on Public Benefit. The description ol achievements and performance in the following seclions or the report aim lo describe how the income generated vla a range of sources is best allocated to meet the public benefit of the population Ihe Charity exists lo serve, namely oldei people in and around the are8 of Tameside.
AGE UK TAMESIDE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performance Age UK Tameslde SeThlces The Charity h85 managed to secure all of its core services funded by the Tameside Melropolilan Borough Council, and the Integrated Care Board, Greater Manchester and submilled a tender TMBC Public Health to deliver a new Falls Prevention Programme. if successful this contract will enable Ihe Charty lo provide more fa115 prevention svpport lo older People in Tameside and increase ils staffing bringing additional expertise into the Charity. The Reaching Communities Lottery lunding lor Gel Up & Go ended, the Charity has conlinued to PTovide elemenls of the SeTvice within ils community support sewices. Thi5 has been achieved by securing lunding from Age UK England lo deliver a community home based Service called 'A Place to Call Home. SeNice alongside the existing community home support service. Followinu on from the GMCVO investmenl lund5 last year and the successful completlon of our 131 Club 18fuibishment plan, our 131 Club membership h8s giown, unfortunately year 2 investment lunds were nol released 85 GMCVO went into adminislralion eartier in the year, however the impact on our grovdh plans within the 131 Club h8ve been minimal. In the first year ol operating the Footcare Clinic proved lo be highly successlul, the Service was high demand operating a lenglhy waiting lime lor appoinlmenls for m05t of the year. As such as pari of Ihe Sliategic Review the Board and Leadership Team idenlified opportunities to incie8se the Footcare Service capacity over the next 12 months. As well as develop a new Clinic Service for ear wax removal to provide another much needed seNice to older people al 8ffoidable prices and provide the Charity with a new income stream. During the financlal year the Charlty provlded the following commlssloned. contracted grant or donor funded Services.. STAR Men181 Health Support Slep Up Falls Prevention MCST Dementia Activity Groups Carers Course for people living wilh Dementia Seasonal Imnter Warm Hub A Place lo Call Home Legal Clinics Comrnunily Support at Home Community Engagement Next Steps Employabilily Blokes and Brews Men Only Acliv¢ly Group Free Lunch Friday 75Vo ol our 10181 Sewice offer is free lo older people livirhg in Tameside. we have 3 charged for Services all set at alfordable PTices, these are.. The 131 Club SILJdio 131 Dance and Fitness Classes Footcare Clinic
AGE UK TAMESIDE TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Appreclatlon and Thanks The Charity would like lo th8nk its staff team for their continued commitment to dellveTing high quality services lo oldeT people living in Tameside and for working in ways that help lo create and sustain a positive work environment foi everyone. To its volunleers for their hard work, loyally and dedication and lo our Board foi living up to the responsibilities of good governance and leadership. We would a150 like lo thank Crystal Architectural Aluminium Ltd for providlng 8 gift in kind to enable the Charity lo complete the inslallalion of mobility access door5 to Il's Cenlre's main entrance. Our local Morrisons for hosting a Chrislmas Pariy for Ih05e people attending our Dementia Activity Groups and OUT local Ok*nelm Store lor including the Charity in its annual Oelivering Joy Campaign. Our thanks alsts go to Tony Orrell, local businessman. neighbDur and long standing friend of the Chaiily lor sponsoring Free Lunch Fiiday. Flnanclal revlew Flnanelal Management and Reserves Poll¢y During this financlal year Ihe Board ol Trustees revlew the Charity's activities and financial position in Ihe following ways.. Allend a one day Slialegic Workshop wilh the Le8dei8hip Team lo review the last 5 year slialegic plan and set out the pathway foT the Charity's Strategy lor 2024. The Treasurer and Finance orrice have an annual meelinu schedule, to set budgets. discuss rnanagemenl accgunls. monitor incomelexpendilure. The Trustees regularly ¥eview the Charity's activities and financial position with regard lo Ihe level of commitments in respect ol contracted services. the staffing profile. property and expecled fulure needs and opportunities. The Teview focuse5 on lulure years income forecas15 and planned expenditure. analysls ol contingencies anticipated. existing and new challenges, vulneiabililie5 8nd risks and their polenlial impact and likelihood. New challenges locus on Ihe uncertainties and deslabilisation in Ihe developmenl ol the personalisation 8gend8 and the ma551ve government changes taking place in 81alutory struclures and delivery, as well as Ilie iinpacl ol the economic 511uation generally and locally. It ha5 been identified to piovide three months unresl¥icted direct charilable costs equates lo approximately £150,000 based on 2025 acluall cost8. The actu81 vndesignaled L¢nrestricted general fund al Ihe yearend amourTrls lo £68,190, which is 45% 01 Ihe largel level. The Trustee5 continue lo monilor this posllion and endeavour to build general funds towards Ihis larget Investment Pollcy The Charity holds investmen15 a5 described in Ihe notes lo the Accounts and monitors the perfoim8nce ol Ihese funds. A18rge proportion ol the amounts shown as 'Cash and Bank, on Ihe Balance Sheet is actually deposited in a number of bank accounts, including deposit accounts which allracl the best interest rales available for the lerrn of the deposit. albeit low rates due lo the cuirent climate.
AGE UK TAMESIDE TRUSTEES, REPORT IINCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Risk Management Age UK Tame5ide m81til8ins a comprehensive Risk Register. This documenl is SUPPOrted by a Risk Management Plan. The Board monitor the Risk Management Plan al quarterly intervals. Risks are measured using a traffic light system. Wiere risks are iecorded as red or high priorily, the Board agree mlligaling aclion lo address and reduce the level of risk. Quallty The Charily continue5 to relain the Age UK England Chairty Qualily Standards ICQS) and Ihe Quality Mark for the Infomialion and A(Svice Service, as well as the Action Together Communily-based Quality Award. Structure, governance and management Age UK Tameside is a Charitable Company limited by guarantee. company registration number 07535629, Cha¥ily Tegistralion nutnber 1142364. The Charity was established lor the following purposes for the benefil of the public andlor older people in and around Tameside.. Preventing or relieving the poverty ol older people Advancing education Preventing or relieving sickness, disease QT suffering in oldef people IwhelheT emotional, menlal or physicall Promoting equality and diversily Promoting Ihe human rights ol older people in accoidance with the Universal Dedaralion of Hurn8n Rlghls Assisling older people in need by reason of ill-he811h, disabilily. financial hardship. social exclusion or other disadvantage Such charitable purposes for the benefits of older people as Ihe Irustees may from lime lo lime declde The outcome of this being the wellbeing ol older people The Irustees. who ale also the direclors lor the purpose ol comp8ny law. and who served during the year and up to the dale of 8ign8luie ol the financial statements were.. Mr Robert Needham Mrs R S Thompson Mrs J Woodward Mr C Biddle Mf P Chester M5 J Sheppeck (Resigned 25 April 20241
AGE UK TAMESIDE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Recrultment and appointment of the new Trustees Duiing this financial ye8r the Board focussed ils 8Ctivities on Board team building. there are 2 long standing Board Members and all olher Trustees have less than 2 years, service. To help achieve this, one ol the actions undertaken was for the Board lo work together to deliver a Chrislmas Coffee Morning Fundraising event. al Ihe Centre, selling cake5 and refreshments together wilh Stall, quizzes and raffle5. The services provided by the Trustees is a voluntary one and the Trvslees did not receive of waive any remuneration or benefits lor the seNice5 Ihey gave during the year. Change to The Board worked well together and man8ged lo deliver a successful well oig8nised event, which was well attended, with positive feedback and managed lo raise funds lor Ihe Charites annu81 IMnleT Warm Hub. Inductlon and tralnlng of new Trustees Any polenlial new Trustees subrnil an expression ol inleiest and attend 8 welcome meeting wlh a cuiienl Trvslees, this meeting focusses skills and expeiiences they may bring lo supporl the Charilies objeclives. New Trustees then allend a formal introduction with the CEO where they are guided through a presentation about Ihe Charilies history lo current day, lalk through Ihe Strategic Plan, Scheme of Delegation, lour the building, facilities, meet staff and volunteers. At Ihis litne new Tiuslees also complete Personal Contact Forms, Conflict ol Interest Declaration forms. Fil and Proper Person Declarallon and receive the Charily Commission8 recommended Effective Governance Handbook.
AGE UK TAMESIDE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Organlsatlonal Structure and Decision Making The Charily has 22 salaried staff and 13 volunteers. The B081d deleg81e responsibility for Ihe day-to-day operalions and implemenlalion of the strategic plan lo Marcia ThoTpe, Chief Execubve Officer ICEOI. The Board and CEO are governed by a Scheme ol Delegation. Decision making within the Charity is informed by ongoing 8sse55menl of the internal and exlernal environment from a local perspective through inyormalion gathered by our incluslon in strategic forums, community networking, older people consultation events and access to statistical data. as well as throkjgh partner relationships with likeminded Charilies, Faith Groups and our long-eslablished worklng relatlonship with Commissioneis. Decision making is influenced from a national perspective through 8 sliong ielalionship with Age UK groups acfOSS Greater Manchester and Ihe Northwest of England. The organisation also benefits from the Brand Partnership Agreement with Age UK England. these benefits include training, service development, access to research, business modelling, access lo granls, marketing and public relations. This year the Board signed up lo the new Age UK England Network Partnership which replaces the Brand Partnership Agreernent and also joined the Age UK Gieater Manchester Collective led by CEO'S, the purpose of this Collective is lo be belter placed lo give a voice to older people across the region and work collaboratively lo meel the diverse range of needs acr055 these oldeT communilles. The Boaid make key decisions on.. financial matters and capital expenditure in excess 01 £5,000 growth opportunities service closures alloealion ol reseNes risk management organisalional development and sliuctuie The Chlef Executive Officer provides relevant infoTmalion lo the Tiuslee5 which help inform their decisions. The Chief Execulive Officer has delegated responsibility lo deliver the agreed strategic objeclives with the Charities Inanagernent tearn. Service Performance, Health and Safety, Safeguardillg. Informalion Governance, Cllent Feedback, Complaints, Flnance Management and Budget Reports are standing agenda items for Board meetings. There are several key perforThance indicators to assist Ihe Board to monitor performance and idenlify undei perfoimance. so they can gree remedial actions.
AGE UK TAMESIDE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 stafllng and Resources Age UK Tameside constantly revlews the balance and affordability of slaff and volunteers against increasing dernand for our services. This review information is used to identify Ihe need for new posts, staff developments, targeted volvnteer recruitrnenl campaigns and oig8ni58ts.onal restructures. As such during this financial year Ihe Charlly undertook 8 ieview of ils Leadership Team. ¥eplacing the Enterprise and Development leadership role with a communily based Engagement Role lo be able to reach older people directly and people, org8nisations and companies who wish to support the Charity's aims and objeclives. The Charity also outsourced il'5 website maintenance, social media manageTnenl and leaflet design to an external company via a Service Level Agieemenl. Charity Ethos All Age UK Tameside staff and volunteers shale a cornmon goal.. lo support older people stay as independent a5 possible and m3inlain a good qualily of life. Since lunching our 'Living the Values. in May 2018. they are now ful embedded into the everyday work of char¢ly and a major part of the induclian process and ongoing coaching ol the staff team. our values are.. We Take Pride Sn What We Do We Strive lor Excellence We Put People First We Act wilh Inlegrily We Respect Others The nominated staff representation group 'The Middlers, have suocesslu15y supported the annual Tameside Toy Appeal. Designed and installed a new garden wellbeing space for staff, provided 'lreshen up, toiletiie5 foi staff and volunteers in the staff room IDenl, organised 2 staff outings, delivered a team building event, designed new thank you donor cards and 501h Celebration wall hanging coll&ges. During ltte financial year 2 Middle¥s moved on havlng successfully served their term and 2 new members ol staff loined Ihe group. The tIU51ees' report w approved by Ihe Board of Trustees. MrRobert Needham Trustee s J Woodward rusteè Dale..
AGE UK TAMESIDE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE UK TAMESIDE I report lo the truslees on my ex8minalion of the Iinanaal stalements of Age UK Tarneside Ilhe charity) for the year ended 31 March 2025. Responslbllltles and basis of report As the Iruslees of the chaiity land also ils directors for the purposes ol company lawl, you are responsible for the preparation ol the financi81 statemenls in accordance with the requirements of Ihe Companies Act 2006. Having satisfied myself that the financial slalements ol the charily are not requiTed lo be audiled under Part 16 of Ihe Companies Act 2006 8nd ale eligible lor Independent examination, I report in respect ol my examination of the charity's financial 818lements caTiied out under section 145 ol the Charities Act 2011. In carrying out my examination I have followed the Oireclions given by the Charily Commission under seclion 14515llbl of Ihe Charities Act 2011. Independent examinerfs statement Sinoe the charity's gross income exceeded £250,000. the independent examiner must be a member of 8 body listed in section 145 of the Charities Act 2011. 1 confirm that l 8m qu81ified lo undertake the examination because l am a member of ICAEW (England & Wales). I have completed my examination. I confirm that no malters have come to my allenlion in connection th the examination giving tne cause lo believe that in any material respecl.. accounting records were not kept in iespect of the charity as required by seclion 386 of the Companies Acl 2006. the financial sl8lernenls do not accord wilh those fecords., OT the financial statements do nol comply with the 8ccounting requiremenls of section 396 01 Ihe Cornpanies Act 2006 olhei than any requirement that the financial slalements give a true and fair view, which is not 8 tnatter consideTed 85 part of an independent examination,. or Ihe financial statements have not been piepaied In accordance with the methods and principles of the Stalemenl ol Recommended Practice for accounling and reporting by charities applicable lo charities preparing their financial staternenls in accordance wilh Ihe Financial Reporiing Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other malleis in connection with the examination lo which allenlion should be drawn in this repot1 in order lo enable a piopei understanding of Ihe financial statements to be reached. Peter Buck FCA DChA Champlon Accountants LLP 7-9 Station Road He5keth Bank Preslon Lanc8shiie PR4 6SN Dale.. o&J-
AGE UK TAMESIDE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Current flnanclal year Unrestrlcted Unre8trlcted funds funds general deslgnated 2025 2025 Restrlcted funds Total Total 2025 2025 2024 Notes Income from: Donalion5 and legacies Chari able activities Age Uk Assisting Older People 89,199 51,276 140,475 109,418 7,500 426.122 33,058 40,558 426.122 49,953 391,740 Olhei trading aclivilies Inveslrnents 19,975 2.558 19,97S 2,558 19,816 6.741 Total Income 545.354 33,058 51,276 629,688 577,668 Expendlture on.. Raising funds Charitable aclivitles A551sling Older People 50,512 50,512 41,765 623,346 36,192 659.538 647,702 Total expendltur8 673,858 36,192 710,050 689,467 Nel gainslllossesl on investment5 12 2,508 2,508 16911 Net Incomellexpendlturel 1125,9961 33,058 15,084 177,8541 1112,4901 Tr8nslers between funds 87.059 166,268) 120.7911 Net movement In funds 138,9371 133,2101 15,707 177.8541 1112,4901 Re¢onclllatlon of funrls.. Fund balance5 al 1 April 2024 107,127 785,778 25.707 918.612 1,031.102 Fund balance8 at 31 March 2025 68,190 752,568 20,000 840.758 918,612 The slalemenl of financial activitses includes all gains and losses recognised in the year. All Income and expenditure delive from continuing acllvSlles.
AGE UK TAMESIDE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prlor flnanelal year Unrestrlcted Unrestrlcted fund5 funds general designated 2024 2024 Restrlcted funds Total 2024 2024 Notes Income from.. Donations and legacies Charitable aclivilies Age Uk Assisting Older People 47,589 61.829 109,418 28,223 393,740 21,730 49,953 391,740 Other trading aclivilies Investments 19,816 6.741 19.816 6,741 Total Income 494,109 21,730 61,829 577,668 Expendlture on: Raising funds Assisting OldeT People 38,655 516,234 3.110 84,549 41,765 647,702 68,919 Total expenditure 554.889 67.659 66,919 689.467 Net gainslllossesl on investments 12 18911 16911 Net Incorne 161,4711 145,9291 15,0901 1112,4901 Transfers between funds 98 1197 99 Net movement in funds 161,3731 146.1261 14,9911 {112,4901 Reconcillatlon of funds: Fund balance5 al 1 ApTiI 2023 168.500 831,904 30,698 1,031,102 Fund balances at 31 March 2024 107.127 785,778 25,707 918,612 10-
AGE UK TAMESIDE BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Flxed a55et8 Tangible assels Investments 14 15 783.589 9.135 743,556 39,600 792.724 783,156 Current assets stock5 Debtors Cash at bank and in hand 16 17 4,673 39,258 75,448 37,331 148,292 119,379 185,623 Credltors.. amounts lalllng due wlthln one year 19 140,3241 150.1671 Net current assets 79,055 135,456 Total assets less current Ilabllltles 871,779 918.612 Cyedltors.. amounts falllng due after more than one year 20 {31,0211 Net asset8 840,758 918,612 The funds of the charlty Resliicled incorne funds Unrestricted funds- general Unreslflcted funds designated 22 24 23 20,000 68,190 752,568 25,707 107,127 785,778 840.758 918.612 The company is enlltled to the exemption from Ihe audil requirement contalned in section 477 of the Companies Acl 2006, for the year ended 31 March 2025. The directors acknowledge their responsibililies for cornplying with the requirements ol the Comp8nie5 Act 2006 with respect to accounting records and the preparalion of financial slatement5. The members have not requlred the comp8ny lo obtain an audit of ils financlal statements for the year in question in 8¢cordance with seclion 476. The58 financial statements have been prepared aCCOTdance wilh the provisions applicable to companles subject to the small companies regime. The financial slatemenls were approved by the Iwslees on Mr Robert Needharn Trustee 4LJa-A TS J Woodward Trustee Company registrallon numbef 07535629 IEngland and Wales) 11
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policie3 Charlty Informatlon Age UK Tameside is a privale company limited by guarantee incorpoTated in England and Wales. The registered office 15 131 Kalherine Street, Ashton-under-Lyne, Greater Manchester. OL6 7AW. 1.1 8051$ of prepar3tlon The fiTTrancial slalemenls have been prepared in accordance with Ihe charity's governing document. the Companies Ael 2006, FRS 102 "The Fin8ncial Reporting Standard applicable in the UK and Republic ol Iieland" and the Charitie5 SORP "A¢counlin9 and Reporting by Charities.. Statement of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financi81 Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021" The charity is a Public Benefit Enlily 85 defined by FRS 102. The charity has taken advantage of the provislons In the SORP for charities not lo prepare 8 Statemenl of cash nows. The financial slalements are prepared in sterling. which is the lunclional Cufrency ol the Charity. Monetary afflounts in these financial stalemenls are rounded lo the nearesl £. The financlal stalements have been prepared under the hlslorlcal cost convention. The principal accounting policies adopted are sel oul below. 1.2 Going concer At Ihe lime of approving the Fillancial StateThent5, the Trustees have a reasonable expectatlon Ihat the Chaiily has adequate resources lo continue in operational existence for Ihe forseeable lulure, despite showing a deficit for the year and reseTves being below Ihe laroet level of three rnOTSlhs. The Truslees continue to adopt the going concern ba5Is of accounling in preparing the Financial Staternenls as they have projected an improvernenl in results I resetve5 in line with the five-year-plan and development ol new services. The Charity also has consideiable fixed a5seis on which capital can be raised when required lo meet any short-lerm funding requirements. 1.3 Charltable lunds Unreslficled funds are available for use at the discrolion of Ihe trustees in furtherance of their charitable objectives. Restricted funds are subjecl lo specllic conditions by donors or grantors as lo how they may be used. The purposes and uses of the Teslricled funds are set out in the notes lo the financial slalerTtents. 1.4 Income Income is recognlsed when Ihe charity is legally enlitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable Ih31 income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified ol the donalion, unless performance conditions require delerral of the arnount. Income lax recoverable in relation lo don3lions recelved under Gift Aid or deeds of covenanl is recognised at Ihe lime ol the donation. Legacies 8re recognlsed on receipt or otherwise if the chaiity h85 been nolified ol an impendin9 dislTlbullon. the amount 15 known, and receipt is expected. If the amount is not known. Ihe legacy is treated as a onlingent asset. 12
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollelès Icontlnuedl 1.5 Expendlture Expenditure 15 recognised once there is a legal or conslruclive obligalion to Iransfer economic benefit to a Ihird party,1115 probable that a transfer of economlc benefits will be required in setllement. and the 8rnounl of Ihe obligation can be measured reliably. Expenditure is classified by activity. The costs ol each activlly are made vp of the total of direct costs and sh8red costs, including support cos15 involved in undetlaking each activity. Direct costs allribulable lo a single aclivily are allocated direclly lo that aclivily. Shared cos(s which conlribule lo more Ihan one aclivity and support costs which are not allributable lo a single aclivity are apportioned belween those activities on a basis con51Stenl wilh the use ol resource5. Cenlial slaff costs are allocated on the b88is of time spent, and depreciation charges are allocated on Ihe portion of the asset's use. 1.6 Tanglble flxed assets Tangible Iixed assets are inilially measured at cost and Subsequently measured at cost or valuation, nel ol deprecialion and any irrpairrnenl losses. Depreciation is recognised so as to wrile off the cost or valuatlon ol 855ets less their residual values over thelr useful lives on the following bases.. Freehold land and building5 Fixtures, Filtings and Cornpulers Motor vehicles 20Qh_ 33.3Dk reducing balance 25Yo reducing balance The galn tsr Ioss arising on the disposal of an asset is determined as the dlfference belween the sale proceeds and the cairying value ol the asset, and is recognised in the stalernent ol financial aclivilie5. 1.7 Flxed a85et investments Fixed asset inve51menls are initially measured al tran58clion price excluding liansaclion costs, and are subsequently measured al f8ir value al each reportlng date. Changes in fair value are iecognised in nel ncomellexpendilurel lor the year. Transaction cosls are expensed as incurred. 1.8 Impalrm8nt of flxed assets Al each reporting end date, the charity ieviews Ihe carrylng amounls ol its langible assets lo delerrnine whelher there is any indic8lion that those assels have suffered an impairrnent loss. If any Such indicalion exists, the recoverable amount of the asset is estimated in ordei to delerrnine the exlenl ol Ihe impaiirnent Ioss lif any). 1.9 Stocks Stocks are staled al the lower of cost and eslimated sellln9 piice less costs lo complele and sell. Cost comprise3 direct malerials and, where applicable, direcl labour costs and those overheads that have been incuried in bringing the stock5 to Iheir present localion and condilioTI. Ilems held for distribution al no or nominal consideration are measu¥ed the lower of replacement cost and cost. Nel realisable value is the eslirnaled selling price les5 all eslimaled costs ol completion and c05t5 to be incvrred in marketing, selling and disllibulion. 1.10 Cash and cash equlvalents Cash and cash equivalenls include cash In h8nd, deposits held al call with banks, other short-terrn liquid investments with original malurilies of Ihree months or less, and bank overdrafts. Bank overdrafts are shown within borrowing5 in current liabilities. 13
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Icontinuadl 1.11 Financlal Instruments The charity has elected lo apply the provisions ol Section 11 'Basic Financial Instruments, and Section 12 'other Financial Instruments Issue5, of FRS 102 to all of ils financial inslrumenls. Financial instruments ale recognised in the charilvs balance sheel when the chaTily becomes party lo Ihe conlraclual provisions of the instrument. Financial assels and liabililies 8re offset, wilh the nel amounts presented in the fin8nci81 stalemenls. when there is a legally enforceable light to set off the recognised amounls and there Is an Intenlion lo settle on a nel basis or to reali8e the assel and sellle the liabilily simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured al Iransaclion piice including transaction costs and are subsequenlSy carried al amortised cost using the effective interest method unless the arrangement conslitutes a financing Iransaclion, where the transaction is measured al Ihe present v8lue of the future receipls discounted al a maikel rate ol interest. Financial assets classified as receivable wllhin one year are nol amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised al Iransaclion price unless the arrangernent constilules a financing transaction, where the debt instrument is measured at the present V8lue of the future payments discounted at a markel r8le of Inleresl. Flnancial liabilities classified as payable within one year are not amortised. Debt Instruments are subsequenlly carried at amortised cost, sIng Ihe effective interest rate method. Trade credilois are obligations lo pay lor goods or service5 that have been acquired in the ordinary course of operations from suppliers. Amounts payable are cl855ified 85 CUent liabilities if payment 15 due wilhin one year or less. Ir not, they are presented as non-currenl liabililie5. Tiade creditois are recognised inllially at transaction piice and subsequently measured al amortised cost using the effective interest method. Derecognition of Ilnanclal Ilablllties Financial liabilities are derecognised when the ch81ity'5 conlraclual obligations expire or 8re dlscharged or cancelled. 1.12 Employe8 beneflts The cosl ol any unused holiday enlillement Is recognised in Ihe period in which Ihe employee's services are received. Termination benefits are recogni5ed Immediately as an expense when Ihe charily is demonst¥ably commilled lo terminate Ihe employrnenl of an employee or to provide termination benefits. 1.13 Retlrement beneflts Payrnents lo defined contrlbution tirement benefit schemes are ch8rged a5 an expense as they lall due. 14
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 3q MARCH 2025 Income from donatlons and legacles Unrestrlcted Restrlcted funds funds 2025 2025 Total Unreslrlcted Restrlcted funds funds 2024 2024 Total 2025 2024 Donations and gifts Grants 8,772 80,427 8,772 131,703 14,131 33,458 14.131 95,287 51,276 61,829 89,199 51,276 140,475 47,589 61,829 109,418 Income from charitable actlvltles Unrestricted Unrestrlcted funds fund8 general deslgnated 2025 2026 Total Unrestrlcted Unrestrlcted funds funds general deslgnated 2024 2024 Total 2025 2024 Age Uk Services provided under contract 7,500 33,058 40,558 28,223 21,730 49.953 ABsistlng Older Peopl8 Services piovided under contract 426,122 426,122 391,740 391,740 433.622 33.058 466,680 419,963 21,730 441,693 Income from other tradlng actlvltles Unrestilcted Unrestrlcted fund funds 2025 2024 Lelling and licensing air8ngemenls Other Income 18.930 1,045 19,073 743 Other If8ding activities 19,975 19,816 15-
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from Investments Unrestricted Unrestrieted funds funds 2025 2024 Interest receivable 2,558 6,741 Expendlture on ralslng funds unstrICted Unrestricted fund8 funds general deslgnated 2025 2025 Total Unrestrlcted Unrèstrlcted funds funds general deslgnalÈd 2024 2024 Total 2025 2024 Tradlng costs Olher trading activities 50,512 50.512 38.655 3,110 41,765 Expendlture on charitable actlvltle5 Asslstlng 01(ler People 2025 Assi5tlng Older People 2024 Oirect costs Slatt c05t5 Premesis costs orrice cos15 staff Iraining Agency staff Vehide c051s Relurbishmenl 309,968 6,485 32,933 5,271 1,098 3,916 1.858 207,714 5,417 30,122 787 14,139 2,614 1,560 361.529 262,353 Sharè of support and governance costs (see note 81 Support Govemance 291,409 6,600 376,349 9,000 859,538 647,702 Analysis by fund UnTeslricled funds - general Unrestricted funds designated Restricted fund$ 623.346 516,234 64.549 66.919 36,192 659.538 647,702 16-
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltles 2025 2024 Staff costs DepCiall0n Premesis expenses Office Costs Professional fees Sundry Refurbishments Governance costs 130,430 13,943 58,366 49,400 34,982 4,288 222,746 12,521 48,786 49,102 30,240 2,336 10,618 9,000 6,600 298,009 385,349 Analysed between.. Assisting Older People 298,009 385.349 Net movement In funds 2025 2024 The net movement in funds is slated after chargingllcredilingl.. Fees payable lor the independent examinalion ol the charity's fin8nci81 staternents Depreclation of owned tangible fixed assels 6,600 13,943 9,000 12,521 10 Trustees None of the trustees lor any persons conllecled with them) received any iemvnerallon OT benefits from the charity during the year. 11 Employees The 8verage monthly number of employees dvring the year was.. 2025 Number 2024 Number Direcl Management and Admin 16 Total 22 21 17-
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Employees Icontlnuedl Employmen¢ costs 2025 2024 Wages and salaries Social secuTity costs Other pension costs 404,302 26,703 9.393 397,153 24,102 9,205 440.398 430.460 Ther8 were no employees whose annual remuneration was More than £60,000. Rernuneration of key management personnel The remuneralion ol key management personnel wa5 as follows.. 2025 2024 Aggregate compensation 80,484 92,406 12 Galns and losses on Investment8 Unrestflcted Unre8trlcted funds funds 2025 2024 G8itFslllossesl arlsing on.. Rev81u8lion of ivtvestments 2,508 1691} 13 Taxatlon The chaiily is exempt Irom taxation on its activities bec8U5e 811 it5 incomels applied for charitable purposes. 18
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Tangible flxed assets Freehold l•nd and bulldlngs Motor vehl¢le$ rotsl Fltllngs and Computers Cost At 1 April 2024 Addition5 1,036,572 28,192 306,471 31,751 39,737 4,944 1.382.780 62,887 Al 31 March 2025 1,062,764 338.222 44,681 1,445,667 Depreciation and Impalrment Al 1 April 2024 Depreciation charged in the year 354.085 266.893 9.975 27,157 3.968 648,135 13,943 At 31 March 2025 354,085 276.868 31.125 662,078 Carrylng amount At 31 March 2025 708,679 61,354 13,556 783,589 Al 31 March 2024 691,398 39,578 12,580 743,556 The carrying value of land included in land and building5 comprises.. 2025 2024 Freehold 100,000 100,000 15 Flxed asset Investmènts Llsted Investments Cost or valuation At 1 April 2024 Valuation changes Disposals 39.600 14651 130.0001 Al 31 March 2025 9,135 Carrylng amounl At 31 March 2025 9,135 Al 31 March 2024 39,600 19
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Stocks 2025 2024 Raw materials and consumables 4,673 17 Debtors 2025 2024 Amounts falling due wlthln onè year: Trade debtors Other debtors Prepayments and accrued income 6,398 17,661 15,199 12,437 2.860 22.034 39.258 37,331 18 Loans and overdrafts 2025 2024 Bank loan 43,021 Poyable wllhin one year Payable after one ye8r 12,000 31,021 The long-term loans 8re secktred by fixed charges over 60 months. 19 Credltors: amount8 falllng due wlthln one year 2025 2024 Note Bank loans Olher taxation and 8OC1815ecurily Trade creditois Accruals and deferred income 18 12,000 10,921 12,260 5.143 16,410 24,941 8.816 40,324 50.167 20 Credltors.. amounts falllng duè after more than one year 2026 2024 Note8 Bank loans 18 31.021 20-
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Retlrement benefll schemes 2025 2024 Deflned contribution schemes Chaige to profit or loss in respect of defined contribulion schemes 9.393 9,205 The charity operales a defined contribulion pension scheme lor all qualifying employees. The assets of the scherne are held separately from Ih05e of the charily in an independently adminislered fund. 22 Restrlcted funds The reslflcted funds of the charily cotnpii5e the unexpended balances of dollalions 8nd grants held on trvsl svbjecl lo specific conditions by donors a5 to how they May be used. At 1 Aprll 2024 Incoming resource Resources expended TranBfer¥ At 31 March 2025 25,707 51,276 136,1921 120,7911 20.000 Prevlous year: At 1 Aprll 2023 Incomlng resources Resources expended Transfèrs At 31 March 2024 30.698 61,829 166.9191 99 25,707 The restricted funds carried forward consist of.. Next Steps £20,000 21
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 23 Unrestrlcted funds deslgnated These are unreslrlcted funds which are material to the charily's acts'vilies. At 1 April 2024 Incoming resource5 Resources expended Transfers Al 31 March 2025 166,268) 166.2681 792.723 26,113 Designated- Fixed a88els Oe5ignated other 783,154 2,624 9,569 23,489 785,778 33,058 166.2681 752,568 Prevlous year: At 1 April 2023 In¢oming resources Resources expended Transf8r8 At 31 March 2024 Designated Fixed assets Designated - olher 773,253 58,651 9.901 110.0981 783,154 2,624 21,730 167,6591 831,904 21,730 167,6591 11971 785,778 24 Unrestricted funds The unreslricled lunds of the Charity comprise the unexpended balances ol donalions and grants which 8re not subject to specific condition5 by donors and 9ralllor5 as lo how Ihey may be used. These include designated funds which h8ve been Set aside out of unieslricled funds by Ihe Iruslees for specific purposes. At 1 April 2024 Incoming resource¥ Resources expended Transfers Galns and At 31 March losses 2025 General funds 107.127 545.354 1673,8581 87,059 2,508 68,190 Prevlous year: At 1 Aprll 2023 Incomlng resources Resources expended Tran¥fer8 Galn5 and At 31 March losses 2024 Gener81 funds 168.500 494,109 {554,8891 98 16911 107.127 The DesIgated funds- Other relates to.. The balance on designated funds relales lo net long term asset, being the nel book value ol fixed assels {amounts already spent and no longer liquid resources) lolaling £783,589 15een al the top of the Balance Sheetl,. less the balan of loans due after more Ihan one year. £31.021 as shown on the Balance Sheet. 22_
AGE UK TAMESIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 25 Analysls of net a55ets between funds Unreslrlcted Unrestrlcted funds fund8 general deslgnated 2026 2025 Restrlcted funds Total 2025 202S At 31 March 2025.. Tanglble a55els Investments Current asselsllliabililie81 Long term liabilities 783,589 9,135 783,589 9,135 79,055 131.0211 59,055 131,0221 20,000 28,033 792,725 20.000 840.758 Per balance sheet Balaneg to allocate 68,190 40,157 752,568 140,1571 20.000 840.758 Unrestrlcted Unrestrlcted funds funds general deslgnated 2024 2024 Restrlcted funds Total 2024 2024 At 31 March 2024: Tangible assets Investments Current 888els1lliabililies) 743.556 39.600 2.622 743,556 39,600 135,456 107,127 25,707 107.127 785,778 25,707 918,812 26 Related party transactlons rransactlons wlth related partles Age UK Age UK is the National'Brand' P8rtnerwilh whom Age UK Tameside has a Partnership Agreement. Age UK Tameside received Giants lo18lling £35,940 in the year. This related patly transacllon was 81 a normal cornmercial rale and agreed Independently of the related management concerned. 27 Share Capltal The Charily is Ilmlted by gua¥anlee and as such has no share capi181. In Ihe event of the Charily being wound up, the liability of each member is limited to £10. 23-