Registered number: 07517777
Charity number.. 1142414
AGE WELL EAST LTD
(A company limiled by guaranlee)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

AGE WELL EAST LTD
IA eompany Ilmlted by guarantee)
CONTENTS
Page
Reference and administratlve details of Ihe charlty, Its Trustees and advisers
Trustees, report
Independent examiner's report
Statement ol flnanclal activitie$
9-10
Balance sheet
12-13
Statement of cash flows
14
Notes to the financial statements
15-32

AGE WELL EAST LTD
IA company limlted by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OFTHE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
C J Andrews
N W J Avery, Chair
C N Bennett
E A Bloomfield
S Carrulhers lappoinled 19 November 2Q241
A Georgeson (resigned 24 September 20241
E L L M¢Cullagh
TPBSingh
S While
J A Wiggins, Treasurer (resigned 24 September 20241
Company registered
number
07517777
Ch8rlty reglstered
number
1142414
Reglstered offlce
Room 18 Imperial House
20-22 Rosemary Fload
Clacton-on-sea
Essex
C015 1NZ
Company secretary
C J Andrews
Chief executivg officer
T Harrison (resigned 23 February 20251
Accountants
Griffin Chapman
Statutory Auditor and Chartered Accounlanls
4 & 5 The Cedars, Apex 12
Old Ipswich Road
Colchester
Essex
C07 7QR
Bankers
The Co-operative Bank PIC
PO Box 250
Skelmersdale
WN8 6WT
Page 1

AGE WELL EAST LTD
IA company limlted by guarantee)
TAUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
The Iruslees who are also directors ol the charity lor the purposes of the Companies Act 2006, present their
report with the financial statements ol the charity lor the year ended 31 March 2025. The trustees have adopted
the provisions ol Accounting and Fleporting by Charities.. Slalemenl ol Recommended Practice applicable to
charities preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic ol Ireland IFRS 1021 lelleclive 1 January 20191.
OBJECTIVES AND ACTIVITIES
Publlc beneflt=
In setting objectives, d8veloping strategies, and undertaking a¢livilies the Trustees have given careful
consideration to the Charity Commission's general guidance on public benefit.
Vision
To be the go-lo place lor people to feel connected, informed, and included as they grow older.
Mlsslon
To support and empower people to age well.
Values
Trust, Excellence, Community.
The mission ol Age Well East is lo 'Empower and support people lo Age Well. and this Can only be done if
we put the people we support and the people who work and volunteer for us al the very Ironl ol 8verylhing
that we do, however challenging this may be.
Annual Overvlew
The 2024125 financial year was the most challenging lor Age Well Easl in living memory and the financial
rèsults speak lor this. This is in an environment where barely a month goes by wilhoul another local Age UK
or Age Concern announcing ils closure. The Trustees have supported a senior leadership team who were
prepared lo lake ditficult decisions to make necessary changes, working together to minimise the human cost
to staff and beneficiaries whilst ensuring the future suslainabilily ol the charity, in¢1uding some significant cost
reductions. All our staff and volunteers have worked hard keeping the "show on the road" and the Trustees
greatly appreciate everybody's conlribulion.
These cosl reductions included making the post ol lull lime Chief Executive Officer redundarrt and we did not
renew the lease on the Veranda, which was not being used enough to merit the cost. We particularly thank
Tom Harrison, former CEO for his selfless approach to ensuring the lulure ol Age Well East, and lo Colin
Bennett who leased the veranda lo the Charity al less than hall the market rental lor 6 years.
The Charity has now achieved short to medium term sustainability and the priority lor 2025-2026 is to develop
the strategy, which will be focused upon unrllet needs within Essex and long-lerm income generation.
OPERATIONAL REVIEW
Welfare and Advlce Services
Age Well East's Advice and Welfare service expanded to include a fourth complementary activity enabling
support to people wifh unpaid caring roles as well as those with needs arising lor advice matters, dementia
support and mental wellbeing needs. The locus is on early intervention and the prevention escalation towards
more acute services.
Advice servlce
Our Advice Work through this time extended ils funded reach into Braintree District alongside Northeast Essex
lo assist people living with financial and health related haidships. A key oulpul ol this work was to assist people
to claim benefits and enlitlemenls available lo them and the impact ol this work was lo increase collective
annLJal incomes by £1.5m.
Page 2

AGE WELL EAST LTD
IA company limiled by guarante81
TFIUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
The service focused on assistance with Attendance Allowance applicalions13701. blue badge disabled parking
permils11851 and benefits checks11791.
The service assisted 722 clients with 988 cases lor assistance this year.
Carer Navlgatlon servic
Age Well East were successful in receiving funding lo provide a new setvice to SLJPPOrt unpaid carers in later
years across North East Essex.
This seNi¢e includes direct emotional support. navigation towards other k&y supports including carers
assessments and help lo connect with other unpaid carers.
Thg service assisted 78 unpaid carers with a range ol interventions and assistance this year.
Dementla Sgrvices
This service locuses on proactive client engagement, to reduce the likelihoc)d ol people with d&menlia
prerllaturely a¢cessing acute services.
The setvice assisted 229 clients land carers) across 366 cases ol assistance.
Mental Wellbeing Navigation and Involve se￿iCe
The success ol our support lor people In later years with mental wellbeing needs led lo a further period ol
funding this year, working more closely with our befriending service.
The purpose ol this project is lo support and navigate clients referred lor friendship, and setvices meeting
unfnel needs lor mental wellbeing,
The service assisted 39 clients with a range ol inlervenlions and assistance this year.
Befrlendlng
This year marked the third year ol our Essex Wellbeing Service IEWSI contract. now midway through ils live-
year term, with a potential Iwo-year extension.11 was also the final year of the three-year contract in Thurro¢k,
which provided befriending support lo adults aged 60 and over.
Over the year, we received 860 referrals and matched 612 individuals with a volunteer belriender.
In addition to one-to-one support, the team made 908 external referrals lo a wide range ol partner organisalions
lo address clients, wider needs. These included 14 safeguarding referrals and signposting to services such as
Essex Fire and Rescue, adult social care lor care needs assessments, Community Agents, mental health
services, and domestic abuse charities.
Volunteer promotion, recruitment and retention remained a strong locus. We received 358 volunteer enquiries
and lully onboarded 104 new belrienders. Al the end ol March 2025, 270 volunteers were actively supporting
the service.
Community Groups
Between April and December 2024, our Veranda Community Hub hosted over 540 sessions, w8lcorning
4,212 attendances. Activities ranged from Knit & Nattèr and Art Club ID Chair Exercise, the Dementia
Friendship Group, Tai Chi, and regular social coffee mornings.
Following the Hub's closure in December 2Q124, all attendees were supported in finding allernalive groups and
services within the local community.
Our online friendship groups remain a valued option, ollering accessible, sale, and inclusive spaces lor social
connection. particularly lor those unable lo allend lace-lo-lace activities.
Page 3

AGE WELL EAST LTD
IA company limited by guarantee
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Online groups in 2024-25 included..
Book Club.. In partnership with the library service, books were delivered and collected lor clients unable lo
allend in person. 76 attendance5.
Arts & Crafts Group.. Thanks to dedicated funding, we provided free craft supplies to participating clients. 297
attendances.
Evening Friendship Group.. A later session designed lor clients who lind evenings particularly isolating. 451
attendances.
Our in-person grtsups, the Slanway Lunch Club, Brightlingsea Friendship Group, and Mersea Road Friendship
Group, continued lo run weekly. Each group welcomed an average o13fv40 allendees and offered a warrn
and supportive environment for building social connections and reducing loneliness.
Digital Friends (Pilot)
From November 2024 to January 2025, we piloted a Digital Friend service to support homebound clients with
basie digital skills. This included help accessing the NHS app, navigating the internet, shopping online, and
joining online social groups.
The first hall of the pilot focused on preparation and volunteer onboarding..
All relevant policies and procedures were developed and implemented.
Eight volunteers were successfully recruited and trained.
In the second phase..
15 clients received digital support al home.
Nine additional volunteers expressed interest in joining the initiative.
This pilot demonstrated early signs ol positive impact, with clients reporting increased conlid8nce, social
engag8ment, and digital independence. We now have data that demonslrales both the need lor the s8rvic8
and the positive outcomes il delivers, providing a strong foundation lor future funding applications.
Inbound Service
The Inbound Setvi¢e underwent significant changes during 2024125, including a reduction in call handler
paid staff ing hours from around 80 to just 11 per week. Despite this substantial decrease, the service
successfully received and responded lo approximately 2,500 calls over the year. As a result ol these calls,
417 external relerrals weTe made lo support services, partner organisations, and trusted local tradespeDpIe.
Additionally, the team successfully converted enquiry calls into 260 referrals lo our Advice & Welfare team,
dementia services, and carer support.
FINANCIAL REVIEW
Financial Po$ilion
2024125 has been a challenging year lor the charity. One substantial conlraet ended in March 2024, and
income has declined lor the second consecutive year.
In response lo the ¢onlract loss, Ihe decision was taken to use some ol our reserves lo maintain servic&
delivery al the highest possible level and to invest in developing a strategic income generation plan. Allhtsugh
this approach successfully secured £134k in additional income that was not confirmed at the start ol the year,
we ended the year with a delicil 01 £64k. This shorttall was covered by our reserv8s, bul il leaves the charity
with a reduced level ol free reserves going into 2025126.
Page 4

AGE WELL EAST LTD
IA company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
As part DI our cost management, four redundancies were made during the year. In addition, where staff left
voluntarily, roles were not replaced where possible, helping lo reduce overall staffing levels naturally.
Total income lor the year was £771 k and total expenditure was £835k, resulting in a deficit of £64k.
Sources ol Fundlng
In 2024125, the majority ol our income154Q/.I came from NHS and local authority contracts and grants. A further
36°/o came from a variety ol trusts and loundalions, ol which 13Q/o was unrestricled income. The remaining 8Y.
was generated through community fundraising and the valued support ol our regular donors.
Investment Policy and Objectives
Due lo the necessity ol drawing on our reserves, there were no lunds available lor long-lerm investment
during the year. Our objective lor 2025126 is lo b&gin rebuilding our resetves and to continue working lo
stabilise and slrenolhen the charity s tinancial position.
Reserves Pollcy
Age Well East's reserves policy is risk-based, with trustees assessing each income stream individually. This
ensures that reserves are held at an appropriate level - not in excess ol need - so that we can maximise the
funds used lor Charitable activities.
When reviewing the reserves policy, Iruslees consider..
The nature ol our funds-.
Reslricled funds are held lor specific purposes and are not included in free reserves. Unreslricled lor generall
funds may be used to support the charity's objectives, and the balance ol Iheso forms Dur free reserves.
The nature and risk of our income slrearns..
The greater the risk of a funding stream ending, the greater the need lo hold reserves lo manage polgnlial
disruption.
Our latest review suggests that, as 97.78Vo of our income is secured, our overall funding risk is currently low.
Trustees have reaffirmed that the ideal level ol reseNes is equivalent to one month's operating costs, plus a
£10,000 contingency. While we do not currently meel this target. rebuilding resèrves remains a key priority lor
the year ahead.
Going Concern
Trustees have assessed the charity's ability lo continue as a going concern lor a period ol at least 12 months
Irorn the dale ol approval ol the financial statements. This assessment has taken into account key risks and
uncertainties that could impact the charity's operations.
In forming this conclusion, trustees revi8wed budgets, forecasts, cash flow and reserves projections.
contingency plans, and the availability ol liquid assets. Forecasting was extended through to March 2027 10
support a more comprehensive view of Ihe charity's suslainabilily.
Key Risk$ and Uncertalntles
The Cost-saving measures introctuced in 2024 have limited scope lor further significant reductions. Ourtorecasl
lor 2025126 is based solely on secured income, while the lorecasl for 2026127 includes both secured and some
unsecured income. The position will be monitored closely, and appropriate mitigating actions will be considered
il income fal￿$ short ol projections.
Concluslon
TrLJStees consider there lo be no material uncertainties about the charity's ability lo continue as a going
concern. Based on the inlormalion reviewed, there is reasonable expectation that the charity has suff icienl
resources and reserves lo ¢onlinLJe operating lor at least the next 12 months. As a result. the financi31
slalements have been prepared on a going concern basis.
Page 5

AGE WELL EAST LTD
IA company Ilmlted by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Acknowledgements
The Board ol Trustees would like to record ils thanks lo all donors and supporters who have contributed lo the
charity's work over the past year.
With special thanks lo..
Essex County Council
Alliance EOL ISI Helena Hospice)
Garfield Weston Foundation
Masonic Charitable Foundation
National Lollery Community Fund
Tudor Trust
Provide CIC
Golchesler City Council
Thurrock District Council
Easllighl Community Homes
Essex Community Foundation
Oak Foundation
The Charis Trust
The Jane Hodge Foundation
Fowler Smith and Jones Trust
Charles S French Charitable Trust
Community 360
Colchester Borough Homes
The Annie Tranmer Charitable Trust
Co-op Funeral Care
Basildon Borough Council
Essex County Council- Public Health A￿elerator Bids IPHAB
The Harebell Centenary Fund
Braintree District Council- COL Grant
Grassroots
The Frank Lilchli&ld Charilablo Trust
The Lord Belslead Charitable Trust
Schroder Charity Trust
Colchesler Catalyst Charity
The Ogilvie Charities
CVST - Seasonal Resilience Fund
Colchesler City Council- Public Health Funding
The Lesley Mary Carter Charitable Trust
SNEE ICB - Ageing Well
Rotary Club ol Colch&sler
The Childwick Trust
Constance Paterson Charitable Foundation
Malchroom Foundation
National Lottery - Awards lor All
Ann Rylands
Anglian Corllmunity Trust
STRUCTURE. GOVERNANCE AND MANAGEMENT
Slructure and governance
Age Well East is a registered charity and is incorporated as a company limited by guarantee. The activities are
governed by a Memorandum and Articles ol Association 1 February 2011, as amended 9 May 2012, 14 April
2016, 30 October 2018. 29 August 2019, 31 sl December 2019, and 21 Seplember 2021.
Page 8

AGE WELL EAST LTD
IA company Ilmited by guaranteel
TRUSTEES. REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Trustees and organlsatlonal $tru¢ture
The fllembers ol the Board ol Trustees are the Trustees ol the charity and are also the directors ol the cornpany
for company law purposes. Trustees are elected at the Annual General Meeting of the company for a period
ol three years from the dale DI their election. They are eligible lor re-ele¢tlDn alter that period, except that the
Chair may serve lor a maximum ol six consecutive years. The board may co-opt Truslees during the year. lo
serve until the conclusion ol the next Annual General Meeting,
The Trustees have complied with their duty to have due regard to the guidance on public benefit published by
the charity commission in exercising their powers or duties. The Board ol Trustees administers the charity and
meeis every three months. A Finance, Audit, Risk and Governance Sub Committee IFARGI and an Operations
Sub-commillee meet every 3 months and report lo the Board on any risks or major delivery issues.
A Chief Executive Off icer is appointed by the Trustees to manage the day-to-day operations ol the charity, and
a Senior Leadership Team is in place.
Inducllon and tralnlng of new trustees
Those wishing to become a Iruslee ol Age Well East meet in the first instance with the Chair ol the Board.
The prospective Trustee would then be lorFnally interviewed by a minimum of iwo Age Well East TrLJStees and
Ihg
Chief Executive,
who
make
Ihgir
r8¢ommendalions to the
Board
ol Trustees.
If th& Board ol Trustees agrees lo appoint the prospective Trustee, he or she would be invited lo attend a
Board meeting and il all parties are in agreement the Board, then elects or co-elecls until the annual general
meeting.
All new Trustees meet with the Chair ol the Board and the Chief executive Officer once officially appointed. In
addition they offerèd tirne with each of the senior managers in order to gain a better understanding of the
operational side ol the charity.
Arrangemonts lor solling pay and rgmuneration for key managemant
All job roles within Age Well East are benchmarked against the same or similar roles within the charity sector.
This ensures that true and lair is provided, Age Well East remain competitive within the sector and are able lo
relain and recruit the best candidates for all roles. Trustee's set and approve pay lor senior management.
Risk managemonl
The risk matrix is held by and reviewed al every Finance, Audit and Risk Trustee Committee and all major
risks are escalated and reviewed at the main Board ol Trustees rneeling quarterly. The Board can confirm the
reqLJired risk processes and systems have been put in place to enable ettective management and reporting.
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees IwhD are also the directors of Age Well East Limited lor the purposes ol company lawl are
responsible lor preparing the Report ol the Trustees and the financial slalemenls in accordance with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements lor each financial year which give a true
and lair view ol the slate ol allairs ol the charitable company and ol the incoming resources and application ol
resources, including the income and expenditure, of the charitable company lor that period. In preparing those
financial slalemenls, the trustees are required lo..
select suitable accounting policies and then apply them consistently.,
observe Ihe methods and principles in the ChaTIty SORP.,
make judgements and eslimales that are reasonable and prudent.,
slate whether applicable UK Accounting Standards IFRS 1021 have been followed,
subject to any material departures disclosed and explained in the financial statements.,
prepare the financial slalemenls on the going concern basis unless il is inappropriate
to presume that the charitable company will continue in business.
Page 7

AGE WELL EAST LTD
IA company limited by guoranteel
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
The trustees are responsible lor keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position ol the charitable ctsmpany and lo enable them lo ensure that the financial
slalemenls comply with the Companies Act 2006. They are also responsible lor safeguarding the assets of the
charitable company and henc8 IDr taking reasonable steps lor the prevention and detection ol fraud and other
irregularities.
The trustees are responsib5e for the maintenance and integrity ol the corporate and financial information
included on the charitable company s website. Legislation in the United Kingdom governing the preparation
and dissemination ol the financial statements may differ from legislation in other jurisdictions.
Statement as to dlsclosure of Information to Independent Examiner
So far as the Iruslees are aware al the time ol approving our Iruslee's annual report..
there is no relevant inlormalion, being information needed by the independent examiner
in connection with preparing their report. ol which the charitable company's independent
examiner is Ljnaware,. and
the Iruslees hav& taken all steps that they OLJght to have taken to make themselves aware
ol any relevant independent examination information and lo establish that the
independent examiner is aware ol that information.
Trustees. Indemnlty
Throughout the year an indemnity insurance policy was in place covgring the Injstees.
Small Company provi5ion$
This report has been prepared in accordan¢e with the special provisions for small companies under Part 15
ol the Companies Act 2006.
Approved by order ol the board ol trustees on ..i*..
.2025 and signed on ils bèhalf by..
N W J Avery - Trustee
Page 8

AGE WELL EAST LTD
IA company Ilmlted by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent examlner's report to the Trustees of Age Well East Ltd I'the eharity'}
I report to the eharily Trustees on my examination tsf the accounts ol the charity lor tho year ended 31 March
2D25.
Responsibilities and basis of report
As the Trustees ol the charity land ils directors for the purposes ol cofflpany lawl you are responsible lor the
preparation of the accounts in accordance with the requirements ol the Companies A¢1 20061.lhe 2006 Acl'l.
Having satisfied myself that the accounts ol the charity are not required lo be audited under Part 16 of the 2006
Act and are eligible lor independent &xaminalion, I report in respect ol my examination ol the charitys accounts
carried out under section 145 01 the Charities Act 2011 Ilhe 2011 Act'l. In carrying out rlly examination I have
lollowed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act.
Independent exarniner's statement
Since the charity's gross income exceeded £250,000 your examiner musl be a mernber ol a body listed in
section 145 01 the 2011 Act. I confirm that l am qualified lo undertake the exa￿l￿all0￿ because l am a member
ol the Institute ol Chartered Accountants in England and Wales, which Is one ol the listed bodies.
I have completed my examination. I confirm that no matters have come to my allenlion in connection with the
examination giving me cause lo believe..
accounting records were not kept in respect ol the charity as required by section 386 01 the 2006 Act,. or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements ol section 396 01 the 2006 Act other than
any requirement that the accounts give a 'lrue and lair. view which is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles ol the Slalemenl ol
Recommended Practice lor accounting and reporling by charities lapplicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Flepublic of
Ireland IFRS 10211.
I have no concerns and have come across no other matters in connection with the examination lo which
attention should be drawn in this report in order lo enable a proper understanding ol the accounts lo be reached.
Page 9

AGE WELL EAST LTD
IA company limited by guarantee}
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
This report is made solely to the charil¥s Trustees. as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's
Trustees those mallgrs l am required to slate lo them in an Independent examiner's report and lor no other
purpose. To the lullesl exlenl permitted by law, I do not accept or assume responsibility lo anyone other than the
charity and the charity's Trustees as a body, lor my work or lor this report.
Signed..
Dated.. 17 ZOJS.
Thomas Maddocks
FCA FMAAT
Griffin Chapman
Chartered Accounlanls
4 & 5 The Cedars, Ap&x 12
Old Ipswich Road
Colchesler
Essex
C07 7QR
Page 10

AGE WELL EAST LTD
(A company Ilmlted by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2025
Restricted Unrestrictod
funds
funds
2025
2025
Totsl
lund$
2025
Tolai
funds
2024
Note
Income from:
Donations and legacies
Charitable activilies
Investments
59.562
43.013
3,357
59.562
708.659
3,357
50,985
977,912
5,578
665,646
Total income
665,646
105,932
771,578
1,034,473
Expèndhure on:
Raising funds
Charitable activities
301
655.619
6,532
172,683
6.833
828.302
6,494
1, 166,895
Total expendlture
655,920
179,215
835.135
1, 173,389
Net Incomellexpendlturel
Transfers betweell funds
9.726
{73,2831
{31
163,5571
(138,916)
18
Net movement in fundg
9.729
173,2861
{63,557)
(138,916)
Reconciliation of funds-
Total funds brought forward
Net movement in funds
35,149
9,729
100.777
173.2861
135.926
(63,55n
1738,916)
Totsl lund$ Carrled forward
44,878
27,491
72,369
135,926
The Statement ol financial activities includes all gains and losses recognised in the year.
The notes on pages 15 to 32 form part ol these financial slalemenls.
Page 11

AGE WELL EAST LTD
IA company Ilmlled by guarantee)
REGISTERED NUMBER: 07517777
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assets
Intangible assets
Tangible assets
13
14
3,549
5,113
5,485
32,697
8,662
Current assels
Debtors
Cash al bank and in hand
15
58.816
149.491
58,232
184,055
208,307
242,290
Current Ilabllilies
Creditors." amounts falling due within one
year
1144,600)
(144,546J
Net current as$et$
63,707
97,744
Total assets less current liabilities
72,369
135,926
Total n8t assets
72,369
135,926
Charity funds
Reslricled funds
Unrestricted funds
44,878
27.491
35, 149
100, 777
Total funds
72,369
135,926
The charity was enlilled lo exemption from audit under s8clion 477 01 the Companies Act 2006.
The members have nDI required the company lo obtain an audit lor the year in question in accordance with
section 476 01 Companies Act 2006.
The Trustees acknowledge their responsibilities lor complying with the requirements ol the Act with respect lo
accounting records and preparation of financial slalernents.
The financial slalemenls have been prepared in accordance with the provisions applicable lo enlilies subject lo
the small companies regime.
The linancial slalemenls
Were
approved and aulhorised lor issue by the Trustees on
and signed on their behalf by..
Page 12

AGE WELL EAST LTD
IA company limited by guarantee)
REGISTERED NUMBER: 07517777
BALANCE SHEET ICONTINUEDI
AS AT 31 MARCH 2025
J Avery
The notes on pages 15 10 32 form part ol these tinancial slalements.
Page 13

AGE WELL EAST LTD
IA company Ilmlted by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Cash flows from operatlng activities
Net cash used in operating activities
139,924)
(487,555)
Cash flows from investing activities
Interest received
Proceeds from the sale ol tangible fixed asseis
Purchase ol tangible fixed assets
3.357
2.000
5,578
(7,406)
Net cash provlded byllused in} investing acllvllles
5.357
{1,8281
Cash flows from flnanclng acllvltles
Nel cash provided by financing activltles
Change In cash and cash equlvalents In the year
Cash and cash equivaSents at the beginning ol the year
134.5671
184,058
1489.3831
673,441
Cash and cash equlvalents at the end of the year
149.491
184,Q58
The notes on pages 15 10 32 form part ol these financial statements
Page 14

AGE WELL EAST LTD
(A company limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR TPIE YEAR ENDED 31 MARCH 2025
General information
Age Well East Limited is a company limited by guarantee, registered in England and Wales, registration
number 07517777. The address ol the registered ollice is Room 18 Imperial House, 20-22 Rosemary
Road, Clacton-on-sea, Essex, C015 1 NZ. It is also a registered Charity, registration number 1142414.
Further details are included in the Trust&&'s Report.
Accountlng pollcles
2.1 8asis of preparatlon ot financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Slalemenl ol Recommended Practice applicable to charities
preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK
and Republic ol Ireland IFFIS 1021 lellective l January 20191, the Financial Reporting Standard
applicable in the UK and Republic ol Ireland IFRS 1021 and the Companies Act 2006.
Age Well East Ltd meets the definition ol a public benefit entity undgr FRS 102. Assets and liabilities
are initially recognised al historical cost or transaction value unless otherwise slated in the relevant
accounting policy.
2.2 Income
All income is recognised once the charity has entitlement lo the income, il is probable that the income
will be received and the amount ol income recgivable can be measured reliably.
The recognition ol income Irorn legacies is dependent on establishing entitlement, the probability ol
receipt and the ability lo estimate with sufficient accuracy the amount rec&ivable. Evidence ol
enlillemenl lo a legacy exists when the charity has sullicient evidence that a gift has been lell lo them
Ilhrough knowledge ol the existence ol a valid will and the death ol the benelactorl and the executor
is satisfied that the property in question will not be required lo satisfy claims in Ihe estate. Receipt ol
a legacy must be recognised when il is probable that it will be received and the lair value of the
amount receivable, which will generally be the expected cash amount lo be distributed lo the charity,
can be reliably measured.
Granls are included in the Slalemenl ol financial activities on a receivable basis. The balance ol
income received lor specific purposes bul not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance ol entitlement ol receipt, its
recognition is deferred and inclLJded in creditors as deferred income. Where enlillement occurs
before income is received, the income is accrued.
Voluntary income is rèceived by way ol grants and donations and is included in lull when receivable.
Gift Aid recoveries on donations from individuals are fecognised in the same period as the donation.
Donated services are included al the value lo the charity where this can be quanlilied, and where
they have been supplied by local businesses in the Course ol Iheir normal aclivilies. The value ol
services provided by volunteers has not been included in these linancial statements.
Page 15

AGE WELL EAST LTD
{A Company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles (continued)
2.3 Expendlture
Expenditure is recognised once there is a legal or conslruclive obligation to Iransler economic benefit
lo a third party, it is probable that a transfer ol economic benefits will be required in settlement and
the amount ol the obligation can be rneasured reliably. Expenditure is classified by activity. The costs
ol each activity are made up ol the lolal ol direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable lo a single activity are allocated dire¢lly
lo that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use ol resources. Central stall costs are allocated on the basis ol time spent, and depreciation
charges allocated on the portion ol the asset's use.
Expenditure on raising funds includes all expenditur& incurred by the charity to raise funds lor its
charitabl& purposes and includes costs ol all fLJndraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the aclivi11gs whi¢h further the
charity's objectives, as well as any associated support costs.
All &xp8nditure is inclusive ol irrecoverable VAT.
2.4 Allocation and apportlonment of costs
Direct costs are allocated against the activities as incurred. OlheT costs have been apportioned over
th& activities inline with lime spent on those activities by employees in supporting roles.
2.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity,. this is normally upon nolilicalion of the interest paid or payable by the institution
with whom the funds are deposited.
2.6 Intangible assets and amortisalion
Intangible assets are capitalised and recognised when lulure economic benefits are probable, and
the cost or value ol the asset can be measured reliably.
Intangible assets are initially recognised al Cost. Aller recognition, und&r the cost model, intangible
assets are rneasured at cost less any accumulated amortisalion and any accurnulaled impairment
losses.
Afflortisalion is provided on intangible assets al rates calculated lo write oll the cost ol each asset on
a straighl-line basis over ils expected useful life.
Amortisalion is provided on the following basis:
Intangible assets
25 /. Slraighl line
Page 16

AGE WELL EAST LTD
IA company limiled by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles Icontlnuedl
2.7 Tanglble flxed assets and depreclatlon
Tangible fixed assets are capitalised and recognised when future economic benefits are probable
and the cost or value ol the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated irnpairmenl
losses. All costs incurred lo bring a tangible fixed asset into its intended Working condition shoLJld be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost ol tangible fixed assets less their residual value
ovor Iheir eslimaled useful lives,
Depreciation is provided on the following basis..
Plant and machinery
Fixtures and fillings
Propèrty improvements
25 /. Straight line
15 /. Reducing balance
Over the period ol the lease
2.8 Debtors
Trade and other debtors are r&cognised al the settlement amount after any trade discount ollered.
Prepayments are valued al the amount prepaid nel ol any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-lerm highly liquid investments with a short maturity
ol three months or less from the date ol acquisition or opening ol the deposit or similar account.
2.10 Liabllltles and provlslons
Liabilities are recognised when there is an obligation al the Balance sheet dale as a result ol a past
event. il is probable that a Iransler ol economic benefit will be required in selllemenl, and the amount
of the settlement can be eslimaled reliably,
Liabilities are recognisgd al the amoLJnt that the charity anticipates it will pay to settle the debt cir the
amount il has received as advanced payments for the goods or services il musl provide.
Provisions are measured at the best estimate ol the amounts required to settle the obligation. Where
the elfeel ol the lime value ol money is material, the provision is based on the present value ol those
amounts, discounted at the pre-tax discount rale that rellecls the risks specific lo the liability. The
unwinding ol the discount is recognised in the Statement ol financial activities as a finance cost.
2.11 Financial Instruments
The charity only has financial assets and financial liabilities ol a kind that qualify as basic financial
inslruThenls. Basic financial instruments are initially recognised al Iransaction value and subsequently
measured at their sett5ernent value with the exception ol bank loans which are subsequently
measured al amortised cost using the ellective interest method.
Page 17

AGE WELL EAST LTD
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting polieles (contlnued)
2.12 Pension$
The charity operates a delinect contribution pension scheme and the pension charge represents the
amounts payable by the charity lo the fund in respect ol the year.
2.13 Fund accounling
General funds are unreslricled funds which are available lor use al the discretion ol the Trustees in
furtherance ol the general objectives ol the charity and which have not been designated lor other
purposes.
Reslricled funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity lor particular purposes, The costs ol raising and
administering such funds are charoed against the specific fund. The aim and use ol each reslricled
fund is sel out in the notes lo the financial slalements.
Investment income, gains and losses are allocated lo the appropriate fund.
Crltical accounting estimates and areas of judgment
Eslitnales and judgments are Continually evaluated and are based on historical experience and other
factors, including expectations ol lulure events that are believed lo be reasonable under the
circumstances.
Critical accounting estimates and assLJmplions'.
The Charity makes estiThates and assumptions concerning the future. The resulting accounting eslimales
and assumptions will, by definition, seldom equal the related actual results. There are no estimates and
assumptions that are considered to have a significant risk ol causing a material adjustment to the carrying
amounts DI assets and liabilities within the next financial year.
Income from donations and legacies
Unrestricted
funds
2025
Total
funds
2025
Tolai
funds
2024
Donations
Legacies
59,062
500
59,062
500
50,369
614
59,582
59.562
50,983
Total 2024
50,983
50,983
Page 18

AGE WELL EAST LTD
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitable activities
Reslricled Unrestricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Income from charitable activities Grants
Income from charitable activities - Contracts
Income from charitable activities - Cale
367,173
298,473
29,355
396,528
298,473
13.658
668, 723
291,780
17,409
13,658
665,646
43,013
708.659
977,912
Total 2024
95Q,265
27,64/
977,912
Investment income
Unrestricled
funds
2025
Tolal
funds
2025
Total
funds
2024
Interest received
3,357
3.357
5,578
Total 2024
5,578
5,578
Expenditure on raising fund$
Costs of raislng voluntary Income
Re$trieted
tunds
2025
Total
funds
2025
Tolai
lunds
2024
Finance costs
301
301
404
Total 2024
404
404
Page 19

AGE WELL EAST LTD
{A Company Ilmlled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Expendlture on ralslng funds (continued}
Olher tradlng expenses
Unrestricted
tunds
2025
Total
funds
2025
Total
lunds
2024
Cafe expenses
6,532
6,532
6,090
Tota12024
6.090
6,090
Analysis of expendituro on charitable actlvltles
Summary by fund type
Restrlcted Unrestrlcted
funds
funds
2025
2025
Total
2025
Total
2024
Support services
655,619
172,683
828,302
1, 166,895
Tota12024
1,013,364
153,531
1, 166,895
Analysls of expendlture by activities
Direct
costs
2025
Support
costs
2025
Total
funds
2025
Total
funds
2024
Support serviees
535,662
292,640
828.302
1, 166,895
Total 2024
728,98i
437,9Q8
1, 166,895
Page 20

AGE WELL EAST LTD
IA company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expendlture by activities (continued)
Analysls of direct costs
Dlrect
activity
costs
2025
Total
funds
2025
Tolai
funds
2024
Staff costs
Depreciation
Fient & premises costs
Running costs
Travel exp&nsoS
Professional fees
Subcontractors
Insurance
Advertising & Marketing
460,534
11,569
17,102
15,396
10,726
4,527
6,084
9,007
717
460,534
11,569
17,102
15,396
10,726
4,527
6,084
9,007
717
566,352
14,643
25,494
22, 765
16,836
7,28?
62,290
9,816
3,504
535,662
535,662
728,987
Total 2024
728,987
728,98i
Analysis of support costs
Support
activity
costs
2025
Total
funds
2025
Tolai
funds
2024
Stall costs
Depreciation and loss on disposal ol assets
Travel expenses
Office costs and IT
Training and HR Costs
Governance costs
187,470
15,950
187,470
15,950
327,567
7,524
189
53,019
33,759
2,442
53,019
33,759
2,442
63,593
31,690
7,345
292,640
292.640
437,908
Tot212024
437,908
437.908
Page 21

AGE WELL EAST LTD
(A company limited by guaranleel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10. Independent examiner's remuneratlon
2025
2024
Fees payable to the charity's independent examiner lor the independent
examination of the ¢hariVs annual accoun15
Fees payable to the charity's auditor for the audit ol the charity's annual
accounts
1,900
4,500
Fees payable to the charity's independ&nl examiner in respect ol..
All other services not included above
750
750
Staff costs
2025
2024
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
591,094
39,725
17,185
872,688
57,540
23,691
648.004
893,919
Included within the above are conlraclual redundancy paymenls lolalling under £5,000 made during the
year.
The average number ol persons employed by the charity during the year was as follows..
2025
No.
2024
No.
Employees
40
The nuTnber ol employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was..
2025
No.
2024
In the band £60,001 £70,000
The key management personnel of the charity corr7prise the Iruslees and the senior management team.
The amount ol etnployee benefits (including employer pension conlribulionsl received by key
management personnel lor their services lo the charity were £166,98312024-. £261,581).
Page 22

AGE WELL EAST LTD
IA company Ilmiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
12. Trusloes. remuneratlon and expen$es
During the year, no Trustees received any remLJneration or other benelils (2024- £NIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).
13.
Intanglble assets
Intangible
Assels
Cost
Al 1 April 2024
5,808
At 31 March 2025
5.808
Amortisation
At 1 April 2024
Charge lor the year
323
1,936
Al 31 March 2D25
2,259
Net book value
Al 31 March 2025
3,549
Al 31 March 2024
5,485
Page 23

AGE WELL EAST LTD
{A company limilod by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14. Tangible fixed assets
Improvement
s to property
Plant and Flxtures and
machinery
fitting5
Total
Cost or valuation
Al 1 April 2024
Disposals
38,799
{38,799}
91,380
141,037)
9.528
18.4381
139,707
188.274}
At 31 March 2025
50,343
1,090
51.433
Deprecialion
AI 1 ApTiI 2024
Charge lor the year
On disposals
27,780
3,771
{31,551)
71,938
9,633
135,992)
7.292
62
107.010
13.466
174,1561
16,6131
Al 31 March 2025
45,579
741
46.320
Net book value
At 31 March 2025
4,764
349
5,113
Al 31 March 2024
11,019
19,442
2,235
32,691
15.
Debtors
2025
2024
Due wlthln one year
Trade debtors
Other debtors
Prepayments and accrued income
34,359
518
23,939
24,315
818
33,099
58,816
58,232
Page 24

AGE WELL EAST LTD
{A company Ilmlled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
16. Creditors.. Amounts falllng due within one year
2025
2024
Trade creditors
Other creditors
Accruals and deferred Incoffle
6,853
15,302
122.445
14,942
22,487
107,117
144,600
144,546
2025
2024
Deferred income al 1 April 2024
Resources deferred during the year
Amounts released from previous periods
99,124
118,342
{99,1241
449,655
99, 124
[449,655)
118,342
99, 124
17.
Flnanclal Instruments
2025
2024
Financial assets
Financial assets measured al lair value through income and expenditure
46.877
25, 133
2025
2024
Flnancial liabilities
Other financial liabilities rneasured al lair value through income and
exp&ndilure
22,155
37,429
Financial assets measured al lair value through income and expenditure and comprise debtors and
sundry debtors.
Financial liabilities measured at fair value through income and expenditure cofflprise trade creditors and
other creditors.
Page 25

AGE WELL EAST LTD
IA company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
18. Slatgment of funds
Statement of funds - current year
Balanca at 1
April 2024
Transfers Balance at 31
inlout
March 2025
Incomè
Exp•nditur&
Unrestrlcted funds
General Funds - all funds
100.777
105.932
{179,215)
(31
27.491
Restrlcled funds
Essex Wellbeing Service
National Lottery Community
Fund - Reaching Communities
Thurrock BC Befriending
Tudor Trust
Garfield Weston
ECF Mental Wellbeing
Masonic Charitable Foundation
CCC VWG
ECC Carers Cornmunity Fund
Sullolk & NE Essex ICB
Catalyst
Matchroom
Jayne Hodge Foundation
Rhab Digital Inclusion
Alliance End ot Life
Charles S French
CVST Seasonal Flesiliance
Braintree DC
The Lesley Carter Charitable
Trust
298.470
{298,473)
84.901
53,284
32,083
30.000
29.174
20,000
15,000
13.530
10.245
10.207
10,000
7,500
7.500
5,133
5,000
5,000
5,000
184.901)
153.284}
132,083)
130.000)
129.174)
120.000}
115,000)
113,530)
110.245)
110.207)
15,000)
17,500)
(7.500)
(5.457)
15,000)
(5.000)
{5.000
10,000
324
5,000
18,619
(5,000)
(13.5661
Other Restricted Funds
29.825
34,878
35.149
665,646
1655,920)
44,878
Total of tunds
135,926
771,578
1835,1351
72,369
Page 26

AGE WELL EAST LTD
{A company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
18. Statement ol funds Iconlinuedl
Statement of funds- prlor year
Salance al
31 March
2024
Balance ai
l April 2023
Transfers
in/oul
Income Expenditure
Unrestricted funds
General Funds - all funds
157, 182
84,208
(159,621)
19,008
100,77?
Restrided lunds
CCG Partnership
Essex Wellbeing Service
National Lottery Community
Fund - Reaching Communities
Thurrtsck BC Befriending
Tudor Trust
1,758
300,439
291.780
(301,318)
(291, 780)
879
681
76,365
52,771
35,000
30.000
(77,046)
[52, 7711
(36,6461
(30,000)
1,646
Garfield Weston
Governm6nl & Local
Authorities
Masonic Charitable Foundation
National Lottery- Jubilee Fund
VCSE Data Malas
Sundowning
Nationwide
Other Trusts and Foundations
The Harebell Centenary Fund
Alliance End of Life
10,768
6,847
1,000
29,455
21,667
21,480
19,008
16,913
12,405
10,000
10,000
9.239
8,750
4,994
(39,095)
(28,5142
(22,480)
1, 128
(19,008)
15.921
{32,834)
(12.405)
(35,933)
lio,oooJ
(9,867)
(25,651)
(7,430)
52,630
26,691
952
16,901
8.557
324
CCG Frailily
Other Reslricled Funds
6, 121
117,661
950,266 (1,013,770)
(19,008)
35, 149
Total of funds
274,843
I,Q34,474
(1, 173,391)
135,926
Page 27

AGE WELL EAST LTD
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
18. Statement of funds {continued)
The amounts shown in the Slalement ol Funds note which are carried forward relate lo expenditure
which will lake place after the y8ar-end in accordance with the terms and conditions ol the grants.
The funding received is given for the various activities ol the charity. The reslricled grants are awarded
lor specific purposes and therefore expended in accordance with the terms and conditions of the award
and per the timeline sp8ciliod by the lunder.
Funding lor the year to 31 March 2025 has been received lor the purposes as follows..
Alliance End ol Life - In collaboration with St Helena Hospice, this funding enables us to train and support
a dedicated team ol qualified volunteers lo provide end-ol life support as Compassionate Companions,
lor indiviotuals who had no one to support them al their end-ol life.
Tudor Trust - this three year grant has helped us further develop our Emotional Support S8Nic&s and
provide a range ol services lo people during emotionally challenging times. Including End ol life sUPPOrt,
one lo one bereavement support and group bereavement support. We have made an immediate,
practical, and long-lasling positive impact on the lives ol those who need our support. Fleducing pressure
on acute services through concentrated, targeted emotional support.
Essex Well Being Contract - this is a 5 year contract to offer community friendship services to anyone in
Essex who is over 18, with the aim lo end lonelinass. They provide one to one volunteer friendship
(Belriendingl, pen friending and access lo social groups and activities lo empower people lo live well.
Thurrock BC Befriending - this grant enables Age Well East to Offer a befriending service lo Thurrock
Borough residents who are lonely and possibly sullering isolation from the community. SLJPPOrt includes
lace to lace visits in the home, community companions and weekly le5ephone ¢alls.
National Lottery Community Fund Reaching Communities This grant supports our advice service lo help
remove financial burd&ns lor people and avert de¢lining physical and mental health. It provides the
means to maintain independence and prevent lonoer-lerm and mor8 acute decline through timely advice
and accurate Completion ol lengthy complex forms lor incomelheallh related enlillemenls.
We aim lo empower peop5e towards increased levels ol sell-managing their circumstances, through
coaching with digital-lorms and processes, through lo accessing the things which enable people to
sustain independent living, such as home help and funding available lo pay for it.
Masonic Charitable Foundation This grant enables Age Well East to oller holistic advice and welfare
support to those aged 60+ who are socially disadvantaged andlor living with long term health conditions
and disbi1ilies, experiencing hardships that Dbstrucl social connection and community engagem&nt.
Garfield Weston Foundation - this grant is lo support the Central team salary costs lor our core support
services, fundraising and lo grow and improve the IT inlraslruclure and digital communications.
Essex Community Foundation supported a one year poilel lor a Mental Wellbeing Navigator, Through this
fund we were able to brin9 increased locus lo the needs ol people living with mental wellbeing dillicullies.
Navigating them towards services and activities appropriate to the clients needs. This need was
identified through the activities ol Ihe friendship service.
Colchesler City Council Voluntary Welfare Grant supported our Community groups, Community
companions and Community Hub. Strengthing our corllmunities to reduce isolation and improve
wellbeing.
Page 28

AGE WELL EAST LTD
{A company limlted by guaranleel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
18. Statemenl of funds Icontlnued)
Covering NE Essex The Carers Community Fund project supports carers lo access Socal acliviles,
education. peer support and provides vital information early on in their role as a carer.
The Jayne Hodge Foundation and Malchroom support OLJr advice service.
Phab Digital Inclusion supported our digital project.
CSVT Seasonal Resiliance and Braintree DC support our advice service.
Governments and Local Authorities Various smaller grants were received from the Government and
Local Authorities lo support the dèlivery ol our core services.
Trusts and Foundations
Various smaller grants were received from other charilablo foundations to
support the delivery ol our core services, supporting essential services Colchester and supporting
specific groups and service provisions.
Summary of funds
Summary of funds- current yoar
Balane• at 1
April 2024
Transfors Balance at 31
inloul
March 2025
Income
Expenditurg
General funds
Reslricled funds
100,777
35.149
105.932
665,646
1179,2151
1655,9201
131
27.491
44,878
135,926
T71,578
835,1351
72.369
Summary of funds- prior year
Balance al
31 March
2024
Balance al
l April 2023
Transfers
In/oul
Income Expenditure
General funds
Reslricled funds
157, 182
117,661
84,208
950,266
(159,621)
(7,013,770)
19,008
(19,008J
100, 777
35, 149
274,843
1,034,474
(1, 173,391)
135,926
Page 29

AGE WELL EAST LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
20.
Analysis of not assets between funds
Analysls of net a$$ets between funds - current year
Restrlcted Unrestrlcted
funds
funds
2025
2025
Tot81
funds
2025
Tangible fixed assets
Intangible fixed assets
Current assets
Creditors due within one year
2,917
2,196
3,549
67.222
145,4761
5.113
3.549
208,307
{144.6001
141,085
199,1241
Total
44,878
27.491
72.369
Analy818 of net assets between funds - prior year
Restricteo Unreslricl80
funds
funds
2024
2024
Total
luncls
2024
Tangible fixed asset
Intangible fixed assets
Current assets
Creditors due within tsne year
12, 76/
19,930
5,485
115,514
(40, 152)
32,69/
5,485
242,290
(144,546)
126, 776
(104,394)
Total
35, 149
100,777
135,926
Page 30

AGE WELL EAST LTD
(A company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
21.
Reconclllatlon of nel movgment in fund$ to net cash flow from operating aclivilie$
2025
2024
Net expenditure lor the year las per Statement of Financial Aclivitiesl
(63,557)
(138,916)
Adjustments lor:
Depreciation charges
Amortisation ¢harges
Interest received
Loss Dn the sale of fixed assets
Decreasellincreasel in debtors
Increaselldecreasel in ¢redilors
13,466
1,936
{3,35n
12,118
{584)
54
21,844
323
(5,578)
10,352
(375,580)
Not cash used in operatlng actlvltles
{39,924)
(487,555)
Analysls of cash and cash 9quivalents
2025
2024
Cash in hand
149,491
184,058
Total cash and cash equivalents
149.491
184,058
23.
Analysls ol changes in net dobt
At 1 April
2024 Cash flows
At 31 March
2025
Cash at bank and in hand
184,058
134,5671
149,491
184,058
{34,5671
149.491
Page 31

AGE WELL EAST LTD
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
24.
Penslon commltments
The charitable company operates a defined contribution pension scheme. The assets ol the scheme are
held separately Irorll those ol the charitable company in an independently administered fund. The pension
cost charge represenls contributions payable by the charitable company to the fund and arnounted to
£17,185 12024.. £23,691), ol which al the year end there were no oulslanding liabilities 12024= £3,559)
included in creditors.
25. Operatlng lease commltments
Al 31 March 2025 the charity had commitments to make future minimum lease payments under non-
cancellable operating leases as follows..
2025
2024
Not later than 1 year
6,000
26.
Members. liability
Each member ol the charitable ¢ompany undertakes lo Contribute lo the assets ol the company in the
event ol it being wound up while they are a member, or within one year after they cease to be a member,
such amount as may be required, not exceeding £1 lor the debts and liabilities contracted before they
cease lo be a member.
27.
Related party transactions
The charity leased its previous premises al 63 North Hill from a Iruslee. The rent paid in the year was
£7,00012024.' £12,000). This lease ended during the year, and the charity has since moved out.
Page 32