Age UK Dorchester (A Charitabl• Company Llmittd by Guarantse) Annual Report and Financial Statements For the Year Ended 30 March 2024 Company Number: 07614S04 eharlty Reglstered in England and Wales Numbw: 1142519 DARKIN MILLER UMITED CHARTERED ACCOUNTANTS 24E DEVEREL ROAD CHARLTON DOWN DORCHESTEii DORSET 'AMASfE 13112r2024 COMPANIES HCiJSE
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Age U% Oorchester Financlal Ststements for the Year Ended 30 March 2024 Contents PAGE Refwence and AdminbstratNe Oelaits Trustees. Report 2-10 IndepeYent Examiners. Rep(1 to TrL1eeS and Members Statement of Finawal Acti¥ibes 12 Balance Sheet 13 Stalemenl of Cash Flov 14 Notes tr) the Finan*1 Slalements 1&24
Age UK Dorchester Financial Statements for the Year Ended 30 March 2024 Reference and Adminstrative Details Tlustees and Directors Mr S Clifford Mr M Smrth Dr D Evans IA J Hou%e Ms H Palmer Mr R Maughan M6$ AClaFP Chief Exe¢utlve al Company Secrelary Mrs T Lth*is Principal Office and Registered Office" Unrts 1&2 5 Crovm Squa PCjndry Dorset DT1 3EN Charity Trajing Name Age UK North. South, artl West Ootsel External Examiners Darkin Miller Limit 24e Deverel Road Charlton Down Dorchester Dorsel OT2 S¥JO Bankers CAF Bank Limrted 25 Kings Htll Avewe ros Hill West Malling Kent ME19 4JQ Page 1
oe UK Dorchesler TTUStee Directors, Report Forlhe Year Ended 30 March 2024 The Truste•s (also serving as directors under company lawl are pleased to present the annual report and financial statements for the year ending 30 March 2024. These accounts have been prepared in line wth the Statement of Recgmrrended Pra¢le. Accounting and Reporting by Charities ISORP FRS 1021. effectwe sincè January 2015. ensurin9 comprehensivè and transparent ieportin9 of the chantls actwtts and finan¢ial heatth. STRUCTURE. GOVERNANCE ANO MANAGEMENT Governlng Document and Constrtutfio Age UK Dor¢hÈster Ltd is a registered charty. chanty numbèr 1142519. and a company limrted by guarantee, company number 07614504. The char4tys regISted office is Unrts 182. 5 Crown Square. Poundbury, Dorset, DT1 3EN. The Ik8bilty of each nrnber rs limf(ed to £1. At 30 March 2024. the company had 6 membets. 6 of vthom were also the chartys Trustee DirectOT5. Age UK Clorchester 15 governed by its Merrorandum and Arb'des ofAssociation. Age UK Oorchester vrds incorporated as a coryany lirthd by guarantee on 26 Apnl 2011. Recruitment and ApI1Meft1 of Trustees The Trustees are also the Directors of the coryany for the purposes of corryJaTry law. The Tstee Board must consist ol at least three Trustees. Trustees are appointèd for terms 013 years and at thè end ol the 3 years may offer theMseeS for Te-elethon by the members ol Age UK Dorchester rf they wish to do so In accordance with the companrfs Articles of A550ciatKJn. In addf(ion. the Trustees may from time to time appoint any member as a Trnstee to erther fill a casual vacancy or add to their numbÈr. No other person5 or bodies extemal to the charty are entityed to appoint persons to the Trustee 8oaTtS. The following people were Trustees of the charrty during the pe and sinee the period end.. Mr N Bundy Mr Q) st3ps MT C Keenan Mrs S Joyce Mr S Gibbons Mr S Clrffctrd Mr M Smith Mrs J House MrR Maughan DrD Evans Ms H Palmer Miss A Ckpp Resigned November 2023 Co-opted January 2023. Resigned September 2023 Cwpted 15 June 2022, Resigned October 2023 Resignet1 November 2023 Resigned April 2024 (Chair) Appointed September 2023 IVi¢e Chairl Appointed September 2024 Appointed Octobe¥ 2019 Appointed September 2023 Appointed September 2023 Appointed September 2023 Appointed Septertjer 2024 Induction of Trustees Newly appointed TrSleeS are provided with an ind¢Jction to Age UK Doreh•ster and ar• m•ntored by established Trustees as necessary Responsibilty for strategy. Corporate poIy. govemance ant1 review lies wrth Age UK [k)hesteffS trustees Iwho also act as directors ofthe company). The trustees meet every tsvo months. In order to undertake tresè roles. Implemèntathon of strategy and policy. as well as day40rf18y running of the chariiy was degated to the ch*f executNè officer, Ytho, along wth members of staff and nearty 200 volunteers: ensured that th• s•rviees prowded m8et the needs of the older populab.on in the service area. The key managef¥tent personnel for the organisation is the Chief Exec¥tNe Officer. The salary level was set followng a review of similar sed Age UKS in the area in 2021. Since then the Chf Executive Officer has r8cetved c05t of living increases nSIstenI wth the rest of the staff 9fOUP. Page 2
Age UK Dorche¥ter Trustee Directors, Report For the Year Endod 30 March 2024 Age UK t)orchester owns 40% of a irading sub5idk4ry Iwth Age UK Boumemouth and Age Concern North Dorset group) Age Concern in Dorset Ltd. ThLS trading nanY was dormant dunng 2021r22. Age UK Dorchester also (Mns SO% Age UK 8oumerTh)vth. Poole and East Dorset) ol a sècond trading subsidiary. Age UK Dorset Entefprises Ltd. which incoiporated as a private limited company on 10 March 2016. This corr)8ny V•rsn the commissioned semce for Cognitivè Sts"mulation Therapy and the contract eommenced on the 1st April 2021 for 3 years an optL)n to extend for up to an additional period 012 years. Risk"Mrtagemènt The major risks to which charty is expos have been entsfied and revrt by the trustet5. and pro¢?dures established to rronage these risks. Risk nmnagement procedures are set out in intemal poIY and PedUre documentation. The charity maintains appropnate levels of ir+surance. and rotstinely ree5 rts financi81 heatth in order to ensure the on-9oin9 provision of rts chartsble objectis. Investment Managennt The charty invested £250,000 in a COIF investnnt fund In 2iJ18119, purchasing 1592.41 accumulation nrt5. It disposed of part of rts investment in 2022r23 and 202W24. At 30103r24, rt held 1.071.13 units. 0EcTIvEs AND ACTIVITIES statemtnt of Purpose The purpose of A9e UK Dorchester. as estsblrshed in the MerfKJrandum of Associatlon. is to promot• the followng objectives for the benèfft of older peop and the broad¢r publtc in Dorset and surrounding are8s". . Allevialing poverty among older people and supporting eeonoffi¢ well-being, Advancing education and lifelong learning 0pportunrtS Promoting physical, mentsl, and ntIonal heatth and suppo"n9 okter people in maintaining overall well-being Encouraging equalty and dNefsty in all aspects of lrfè for old¢r individuals Upholding the hurnoft rights of older pèople in accordarce 1th the Universal D8ciaralTron of Hurryan Rigttts, Pfoviding assi5tsn¢e to okler peopk ts¢ing chaliervJes due to heatth issues. disability, finawal harf1ship, social exclusion. or other disadvantsges. and Supporting other charitable actNities that benefft ohyer peop. as detemiined by the Trustees. These objectNes aim to promotè th overall >beIng. cIlSTr. and qualrty of life of older people in the community. Summary of Charitable Actlvfili•s Age UK Dorehestèr carried out an extènsive programme of activrties alvJned wth 155n. demonstrating a proactive responsè to communrty needs and maximrzing the impacl of rts charitable objectives Details of these acbvrties. vknTrch reflect both the badth anY depth ol our services. are Dutlined in the"Achiev8ments and Performance" sedion below. Payt 3
Age UK Dorchester Trustee Directors. Report Foi thè Yèar Ended 30 Mareh 2024 Public 8enÈfrt This reporting ptTrod has marked an inspiring phase of renewal for Age UK Oorchester, driven by dynamic new leadership and a stmng comnrrnt from the Tfustees In accordance Chanty Comrrission guidelines on public benefi( the Trustees havt ensured that all aetmlies are meticulously designed to meet and surpass pubh"¢ benefft requi Thnts. reinforcing Age UK Dorchesterfs impact wrthin thè communily. Undef n•w leadership, Age UK Dorchester successftjlly launched a revitalKsed programmè dèswned to respond to the evofving needs ofthe elderly populats.on ThB renvwed aPPToach has been central to fostering a sen$è ol inclusion. pvrpose. and conNnunrty foi those we serve. The program reflects deep alignment Yith our missKJn and a forward-thinking approach to service dlwry. Through this report, the Twslees aim to provide stskehol(lers. donoF5. and TVIalOry bodies with a transparènt and eomprehensive ¥1 of Age UK Dorchesterfs dedication to public benefit. We are Pfgud to highlight the positive outcomes achieved through our commiément to governance. a¢¢ountsbilty. and seryice, and we look forward to buikling upon thi5 foundation in the year ahead. 4e UK Dorchester hos the following vision obiectib: Vision North, South and West Dorset is a g81 place for okler people. wherè they feèl valuèd and ean INÉ wth dignrty and choice. Where all service ProvorS and statutory agencies are seen as helpful, supportNe and caiing. Aims To identify, respond and assist older people in North. South and West Dorset. who arè in need by reason of ill heallh. disabilrty. finaneial hardship. social exclusion or other disadvantage To buikl an organisation that is influentkal. attractive, valued and effectNe to ensure we can enable older people to remain Independent an¢J enjoy lrfe Tts help older people be socially eonnected thiough the devek)pnnt of an organisation which is financially Sustainab through the acquisthon of dNerse and ethical funding strearrs To promole the wellbeing of older people by becoming a strategic partner ofthe TT statutory. non statutory and VCS or9anisab.ons whl¢h affect the INes of gkler people in North. South and West Dorset To support ohler peop to INt in their ¢)wn hOS for as long as they want and ensunng that older peoples voices in North. South and W•st Dorset are indKdUallY and collectNely heard and responded to. The charity's legal purpose (its obiectivel 15 to Prnte th• f•liel of older p•ople in any manner which Ys deemed by law lo be Charrtabk. at the discretion of our trustees. We work to identfy the most significant issues which have an effect on older people's *lIbeg. and develop ser¥e5 which we feel best meet these needs. The relalNe powers granted to the organisation by the constitution to achieve this include- To eneourage, piomote and organi5e direct Ser¥t$ appropriate to the nee¢Js of individual and groups ol older people., To join in and co-operate wrth other chanties. vduntsry organisat¥)ns and ststutory authorities to achieve the above object0. To promote and carry out research.. and To arrange and provide meetin95. lectures. Clas and training. In order to achieve the chartys airrffj and objectives. rt awn5 to be ats to prwde the following Services aeross our area of benefit.. Wellare benerrt5 SUPPOrt 1n1oirrratn and advice. to incltsdè advocaey and signposting Phy5i¢al Health and Mentsl Health Support Support aiound the H¢ Page 4
Age UK 00rclsteT Trustee Oirectors. Report Forthe Year Ended 30 Maith 2024 Befriending and socialisatKJn- Handy person Dementia Support Cognitive stimulats.on Therapy in e0nwnctn with Age UK l BourneThu1h. Potsle and E8St DOtt I Last year, our organBatK)n used a bl•nd of quantrtatNe and qualrtative rTEthods to assess goal attainment. We regularfy rewewed service uptake. mèasured outputs. and monitored qualty. Addrtional resources were ¢Jirected to identified needs. ensuring positive outcorres for older indwidua15 whèn feasible. The organisatson also made decisions to disconty.nue service5 if the ¢0sts gutweighed the benefits, demonstrating 8 corrrnrtment to efficient resource allocab.on and sustained impact orb the elderty communrty. Future Aim¥ and Objeeli Throughout the year. Age UK Oorchester has wked towarsts a katsèr. rTh)re efficient operatKJnaS model. This focus on expendrture redUCtn ha5 led to a strÈan1ed or9anisakntsnal structure. reinforcing our commitment to financml sustainabilrty while maintaining high standards in seNi¢e delNery. We ar& increasingly volunteer+centnc. errpowering volunteers to pLay a vital ra in serwce delwery, Nlthile ensunng that core p05thon5 are stslled by experieneed and skill•d professionals. In shaping se1¢¢¥. we remain deeply responsNe to the evofving needs ofthe commvnrty. adapting our approach to ensure relevance and impact. Looking foThvard, our strategic objertwes focus on further enhancing financial resilience, expanding partnershtps, and embracing a preventtvè approaeh in all our services. This includas a shift towards work in preventKJn, education, and Search, pnoribsing proadlve support for older indNiduaJs to foster well-being and engagement within the ¢ommunty. r commilment lo partnership)uilding rerrowks stroThJ. By strengthening QLFf ¢ollaboratiDns acr055 Dorsèt and bèyond. we aim to broaden our inN)act. cuMNate knoYAedge sharing, and deepen our service offèrings. These partnerships wll support ovr missKJn of creating a more incl¢Jsi¥e, supportive envrOnnDt for the elderlwr¢ that priOrse5 eduoakn"on, social conneetion. and preventive care over reaCte solutions. Addthonally. financial reslence remms a top prKJrrty. We are aetwely diversty'ng income strearr6. developin9 Sustainable funding sources. and building 8 broad nerk of $upportérs and funde to ensure long-term stabilty and groyrth. wrth this clear and focused approach. Age UK Dorehester is welkposth'oned to continue delivering irrpactlul seThs. foster stronger comrrNJnrty ties. and meet our rrlssion with a forward4hinking. sustainable strategy. ACHIEVEMENTS AND PERFORMANCE What did we deliver during 2023 - 2024? Our team handled over 4,7CKI recorded unique enquiries, providing valuable asststance and gUant to individuals seeking information. This Is 8 sÈgnthc8nt uptake oft previous years Our Home Support service continues to 5LlPPOrt individuals in maintaining independence, enabling them to INe safety and comfortably at home. This service plays a crueial role in PrortIng welbeing an¢i preventing unnecessary hosprtal admtssions. Jr volunteer befrienders leam provided over 55¢XJ hours of befriending. Th rs a reductK)n in beln"ending hours. as we shift our locus towards social inclusion and empowering indNiduals to reconnect wrth their communrtie5. This change prioritises reducing dependency on 1".1 intefaetions and encouragès partlpatjn sn group activrti•s and social neknfjrks. fostering greater indepen¢Jence and long-teim èngageffnt Trmth local support systems Our benefts adwsors successfully secured over £1.65 milln in new beneffts for the elderfy. makin9 a prol¢und drtreren¢e in the lives of oldèr péople in the communrty Our Dedicated team of Voluntee prowded rmre than 13.500 hour5 of 5UPPQrt to the ¢grrrn>nty Page 5
Agè UK Dorchester Tw51ee Directors. Report Forthe Year Ended 30 March 2024 Naturè of Infomiation and Ad¥i¢e Enquirles: Location of Sérvic• Users: CONTACT LOCATIONS L YtHÈTTI VPTO OTHEr¢ WC5T DQR5fT 10 DORSET WEYMOUTH & PORTANO The Tru5tee5 recogni5e the inrdluable done by our staff and wlunteers a¢5 the seryice areas. Page 6
Age UK Oorchest•r Trustee Dirèctors, Report For th• Year Ended 30 March 2024 Service De4lopment Priorrties 2023- 2024 Footcare The charty previousty operated clinics acr055 the area to provide essentkql naIjtting serVe$, which supported both income generakn.on and valuable onè-on-one interactions wrth See users. Thes• clinics also offered a social connection point for many older indmduals. ¢aling a tnJst•d environment where addrt¥)nal services could be easily accessed. The ckjsure of this service at the end of last year impacted the charitrfs capaety for direct engagèment and cro$5-refeirals. dUcIng Opportunities to connaet Service users wrth other beneficial pro9{anes. While the closure of lootcare servKes Created inrtktil thallenges. the chanty is addressing these gaps by strengthening rts service offerings in other areas and expbiing additional fvndratsing avenves. Thè eharty remains commrtted tr) futfilling rts obiectNes by ensuring an 8ccessible, inclusNe. and impacthjl provisioTr of Services lor the older communty Th¢ charity has actwely monitgred requests lor the retum of footcare services and is cornmitted lo re- launching this service in FY24f25. This ant1pated rè-kunch aiffs not only to iestore a valued sèNir lor oldèr peaple in the communty but also to re-establish the chartys presence on the high street, enhanang wsibility and engagerrnt opportunth'es. Dementia SuDOQrt With demèntia cases in Dorset expected to mre than double in the next decade, reaching an estirnated 16,000 indwiduals aged 65 and g¥er by 2032, Age UK Dorchester Is prior(dising the expan510n of dementrd-reL4ted 5ervi¢es. Our Cognilwe Stirrnjbtion Therapy progfamme, in partnership with Age UK Bournemouth. Poole. and East Dorset, conlinues to support indNiduals wrth dementia. while new support groups have been launelsèd to assist both those wrth dementi8 and theii caregw8r5. These developments aim to it7yrove the quality of life. err)tiQnaI well-beino. and socwl connKtMTrns those affected bv deFnents8 In the communrty Impaet and Challenges Throughout the year. Age UK Dorehester secured kty grants. including fvnding from The National Lottèry Communrty Fund underthe Communty OrganBatk)ns Cost of Living Fund. *thich h85 been crucial Tn sustaining our •ssentsal 5eNi¢es. The Trustees remain focused on adapting and expandiig seNi¢e5 to meet thè ev01n9 needs of the communty. The charrty conkn.nued its efforts to streamline oper81ions, reduce overhead costs. and improve firsancial 5U5tainabilty. A Concentrated effort on outreach has been central to expanding our reach. enabling us to better engage wrth those need our support. By enhanang our OUta¢h activth"es. the charity aims to remain SponSive to communty needs. ènsuring that our sÈNices are accessible and aligned with local pTh)rities. FINANCIAL REVIEW Financial Position Incomin9 fesour¢es in the period re £654,64312023". £672.8051. this. £378.935 related lo restricted aetivthès. In¢Jicatin9 a rndUct wi this arta compared to the prK)T yeaT12023'. £462,079). There was also an a realised gain of £1.375 and an unrealised 9ain on an investment of £17,87512023.' ¢Jnrealised loss of £2.7421. There no other gains or losses12023'. reali5ed gain on the sale of a motor vehicle of £3.0191. Page 7
Age UK Oorchester Trustee DiTectors' Report For the Y&ar Ended 30 March 2024 Oespite facing the challenge of cb5tng incomtyenerab.ng 5ervice5, we are pleased lo highfight signthcant achievements in our financ41 position, with an operational ert lor the periot1 of £130.339, showcasing a substsntial improvement 0138% from the prior yea¢s deficrt 01 £210,291. This inclusjes the net uniealised revaluab.on gain on investmènts of £17,875 and net realised gain 01£1,37512023_" £2.742 unrealise¢J gain on investment and alised gain on motor ¥eble £3.019). Thts remarkab reductton underscores the resilience and ad8pt3bty of our organrsation in the face of changing circumstances. As we eelèbrate these aehievements-. we rÈcognisÈ that they prowde a stiong foundalion for future growth and sustainabilty. The board is commrtted to ensunng the charrty becomes suslain4ble in the long terry wth a fows on fewtslising the Organt)n to er its costs and pave the way for continued posrtNe impact and grovth. The yearfs actwities have been fvnded by a rrllx of un$t0¢ted and restricted reserves. Totsl unrestricted reserves Stand at £557, 17212023.. £697.4061. whik restrrted ieserves have increased slightly to £114.911 12023. £105.0161. The board acknowledges the Inyortance ol matainIng bajance between unrestrirted and Te5tncte¢J reserves to ensure financial sustainability. The charty maintains a eash balancè Of £115,45412023". £166.0971. and has net current asstts of £110.071 12023." £166,846). In aJditJon. the charity has a COIF investment aeeount valued at £184.723 12023". £245.4721. Total net assets are £672.08312023." £802.4221. This reflects the comprehensNe evaluation of the organisatn.$ financial heanh. While the period presented operational challenges. the board is confKlent in the Strateg decisions taken to add$$ them. The utilisatK)n of a mix of unrestre and iestncted reserves demonstrates prudent financial management. Th• board remains ¢ommiEted"to ensuring the continued grthh and sustainabilrty of our OTgantsatKJn. The Trustees have risk assessed the fmanck?I posttion of the charty and consider it to be viable aTrd sustainable in the merlium to long term. However. for Ig tefm sustainabslty thè Charity needs to further divef5ty to pursue altefnete revenue Strea. Reserft5 Polt In January 2023. the Trustees approved an updated rese$ policy to ensure the charty5 lon9-lerrn financial su5tainabilty Reserves are now defined as incon not otheThvise designated or restricted for specific pÉJrposes. providing Age UK North. S¢)uth. and Wést Dorset discrets"onary lunds at the Trustees, discretion_ This policy is designef1 to alKJn wth the chantrfs and chaTrtable objective5. enabling the Boafd to respond fl¢xibty to èmergsng ne•d$ and ensurè ¢onb"nu¢d s¢Ni¢e delivèry in the luture. Funds in Oelkit Th• chanty has no fvnds that are in deftit Going Concem The board confimi thèir colleclNe beh.ef and asse5STr*nt that the Organisation is conSided a going Concern. They have taken into consideratKin various factot5. Fncluding but not limrted to". Financial Stability Operational Viabilty strategic Inrtiatwes - Compliance and Govern?e - New FtJndraisFng ond Rgvenue Strearr This confirmation is made the understanding that management VAI continue to provide transparent and timely inf0matn reyarding arny trAterial changes in rircumstances that may affect the oroanisation's aoino concerrt ststtÈ5. Page 8
Age UK Oorc1Ster Trustee Directors. Report Forthe Year Ended 30 Mareh 2024 PLANS FOR FUTURE PERIODS Looking ahead, Age UK Dorchester is comrted to strengthening rts financial hèatth and ènsuring the continued delNry 0¢ high4mpact seMc•s. The chaTtys stRtegy ts focused on dNersifying income sources, reducing Ejependency on any Sing frjnding stream, and building resilience against potenth.al financial unCertaints. The organisats.on ill actively expand lursdralsg efforts. 9rant opportunrties, and explo innovative ¥evenue-generatin9 activities, ensuriThg a sustainabbe lundin9 base that supports oui growing seTvice delivery. Wrth a focus on operatnal effncy. regular financial assessments will identify opportunrties lor cost savings and smarter resource alloeatron. alloving us to maximise wnpact wrthout compromising service qualrty Age UK Porchester is dedicated to maintainin9 thè hKJhest stsndards of governance and financial acco¢Jntabilty. As part of our strategic vision. we will also seek meaningful partnerships wth local businesses, community organ81K)ns. and Philanthrop enlrties. These collaborakn.ons wilF strengthen our financial position and foster deeper communty engagement. frjrther enhaTrcrvJ the chantys bng- term sustainability and rea¢h In summary, our forward-thinking approach integrates finan¢k81 prudence wth a wrnmrtrrEnt to agility. transparency. and communrty impact. By leveragin9 dNers& inconp streams, fostering partnerships, and fot>Jsing on contsnuous improv&ment. Age UK Dorchester is WelpOSrtmjned to expand sts vital vlork and creatè lasttri9 poS¥e chan9e in the con¥nunty. TRUSTEES, RESPONSIBILITES The Trustees (who a also Direclors of Age UK Oorchester for the purposes ol Cornpany lawl are responsib for preparing the Trustees. Report and Ihe financial ststements in ac¢ordan¢e with applicable kw antj Unrted King¢Jom Accounting Standards Iunrted Kingdom Generally Accepted Accounting Practice). Company law require5 the Trustees to prepare financral statements lor each financial year. which gwe a true and.fair view of the stale of affairs ofthe charitsble company and of the incoming resources and appliCatn of resources. including the income and expendrture. of the charrtable company for thal period. In preparing these financial statements. tbe Trustees arè required to= lal select appropriate accounting policies ènd then apply them consistently, Ibl observe the methods and principles iwt Ihe Chatibes SORP". 1¢) make judgerrents and estimates that are reasonable and prudent. Idl state whether appltsble accounting standards have been followèd. subject to any material departures disclosed explained in the financial ststeff*nts'. and lel prepare the financk41 StatenIS on the going concern basis unless rt 15 inappropriate to presume that the charitable coThpany 11 continue in operation. The TTUStees are abo responsible for keeping adequate accounting records which disclose Wlth re8sor¢able accuracy at any time the financial posr(n of the charrt8ble company and lo enable them to ensure that the financial statements corryjty wth the Companies Acts 2006 They are also responsible for safeguarding the assets of the Charitab company and hence for taking reasonab steps for the prevention and deteclion of fraud and other irregularilies. In so far as the Tnjstees are awdre.. there is no rèlèvant InforrnatK of which the charrtable company's examiners are una¥Ydre' and the Trustees have takèn all steps that they ought to have taken to makÈ themstfves aware of any rel•vant infonnation and to èstablish that the exarrmners alè awaTe ot that infomation. Page 9
Age UK Dorchester Twuslee Directors, Report Forthe Year Ended 30 March 2024 The Trustees are responsible for the maintenanet and integrity of the corporate and financi informatitsn included on the charrtable companls website. Legislation in the Lsnrted 'ngdoM governing the preparabon and disseminab.on of fÈnancral ststerr*nts my drffer from legsslats.on in other jurisdictions. Thss report has been prepared in accordan wilh Accounting and Reporkn"ng by ChantiÈs." Ststement of Recorn)ende¢J Practice appIable to charrtie5 preparing their accounts in accordance the Financial Reporting Standard applietiblè in the UK and Republ ol Ireland IFRS 1021 leffèctNe 1 January 20151 and in accordance wrth the provIOnS applicable to companiès subjert to the small companies regime. ststement of the Trustee3 The Board of Trustee5 is pleased to present this report from the CEO. endorsing the tran5paren{ proactwe financial strategy now Tn place undèr nèw lèadership. We commend the considerable reduction in the defrcrt achieved through foeused efforts over the past year, which have made Age UK Dorchester a leaner. more effectNe organJsatKJn. As we move fowtsrd. the Boaid recogrtrties the crrtjcal need to priorrtize income generatIn and remain athpiNe to an ever-evofving landscape. ensurin9 that the eommjnty remains at the heart of all do. Approved by the board on 27 Novèmber 2024 aftd $b3n"ed on thwr behèw by Simon Clifford Chaiman of TrustÈ¢s Matt Smth Vice Chaim)an Page 10
Age UK Oor¢hest•r Extern Examinèffs ReFYt For Yw Ended 30 M¥rh 2024 Ind•p•ndgrt •xaminefs report 10 Ihe trugt•es olAge UK Dor¢hLimlted (h C¢xnpany? l Aport rjn Ihe chanty In&toe5 on my examinaK>n ofts oftr Coryary forihe y ertd 30 ¥rch 2024. R•sponslbllftl•s'and basls of r•part As the ehgftV$ trustees of lh¢ Company (and atso its dKecors lor Ihe purposes of company law) you are re5pon5ibJe for the preparation of the accounts in accordanrA wth Ihe requwements ofthe Comp3nies Act 2006 llhe 201% Ad). Ha¥ing satisfied mysell tIHI the •ccwnts Camp4ny are fK rffluwed to audited under Parl 16 of Ihe X(6 Acl artd are eh"géJle ts inde1 examjn8trM. I report in Spe¢l of my èxaminalioft ofyour charity5 accounts as canied oul ur#ler s8(Ix)n 145 Of ts Cha¢rt Ad 2011 {Ihe 2011 Acri. In ¢arrwng t my eXaMinatn I ha frAknved the bythe Ctrrity Commtssion under sedioTr 145(51 (b) of ttE 2011 Act. Independent examinerfs •tatsm•nt St¢ Ihe Compan5 gross ire exced¢d £250.OLKt ywexamw must be a rrwmber cla bL%fjy kn.stsd in sedion 145 olthe 2011 A¢L l Confimi thai I qualfiled to undertake the eyaminatton because l a memberofthe Instiiute of Chart Arrth18nts in Engfand and Was. of ihe ltstsd t185. tho examiftattw giving mecause to be[.. 1. ac(Unting wrds weffj ncrt in re¥Ed ofthe Cryanyas rqyired bysth 386 of the 20(6 l the accounts do nol a¢¢ord wth those records.. or 3. the accounts do not complywith the a¢¢wthng rMuwemwts of5ecth)n 3 ofthe 2Cty Act other than any requ1meThI that the afjcounts gF a arwj fair is a matter con5kdeied as part ol an independent examination.. or of Re¢OmNnded Practice for ac4)vnting aThJ ptr"ng by chaiitie5 lappkeabse tts charits preparing tr counls in aCCordath th& Fift*hal Repm Standard app in the UK and RubLiC01 IFeLand {FRS 10211. I ha no cOrm$ arwj haNe ¢¢rn xr06s nts othermatters in wlh wamir4icm lo
tentton $tKwJtd be thi5 reFX%t *n order to enabk a wopor undersl8ndwi9 of Ouftts to be
SMJned.' Namè: Rosie Dat*1mlr LLB (Hornb) BFP FCA Instth of the Chartered A¢countarts in ENdland arKI Wales Address.. 1014L 11
Ay• UK )heSter stattrnent crf FInar1 Pdithes lir¢lLklry an 1rK1Thar For Year V4ich 3)24 come and endrn¥$ from: Cbn8tiors and lepc OlkEr trading aCtMt5 Instmerts 94.6&3 17,8r 17.141 31, 17.141 31.4 233 111078 112078 49.9 Charitstle aoDnts.' 146. 146. 133,144 113.144 16,632 378.935 28,075 2079 49J.155 GrantsaThJ cortracts Tral inojn Z15.7C 378W ffi4643 21or& 075 6725 Expendfjlur• on: Rai&rYJ ILF Charila14e actiKiEs 191 191 38,144 ,144 .or2 ,040 4,042 227,817 617.411 845.Z29 Trtal expEndilure 435.1¥3 040 4.233 5,1 617.411 883373 Realised gain on drw5al fiXed assels RealEed gn cn d1 ofirwe5tmert LknrealKèJ gai1(10$ses) on in¥Estmerts 3.019 3,019 10 10 17.875 17.875 IZ7421 P.742) Net InwrlexpeNlllur¢) I.234 13). 1S5.055 {1. Net lund5 210 R*c4ndlJallM of lund$: Total FurKls brought foTh¥ard .4rffj 1C&016 aya4 751642 X).071 1,012,713 Totsl FuThls rrIed loaTrI 083 697 406 105 016 Pap12
Age UK Dor¢hester Balan¢e Sh¢et A5 at 30 March 2024 2024 2023 Flxed assets Tangible assets Investments 397,248 164,764 10 245,513 Total Ilxed assets .-562 1%12. 63 Current assets Debtors and prepayments Cash * bank and in hand 44.971 115.454 Tgtsl Cufient assets 160.425 217,582 Llabllllles Creditors.. Amounts falling due 1h1n Ce y 12 150.354) 150,n61 Nel current assets or li4bilrties 110,071 166,846 Total ass•t$ IS cufr•nt Ilabllltes The fuTrds ofthe chaAty Unrestrfded fvnds. General funds Oewgnated fijnds 13 13 508,558 847,408 50 000 697,406 558,558 Rèstrieied funds 13 113,525 105,016 Total ¢hailty lunds 67 The notes at pages 15 to 24 form p¥1 o11h cwnts. For the financial year in queson the Comp w85 enlllled to eXernPti under sectim 477 ofthe Companies A¢t 2016 relaling lo small COMPles. No members have required the company to obtain •Jtht of its xujunts for the Y in quesb.on in xcordance with 5eclyon 476 of the Companies Act 2006. The directors acknowledge their reSponbilitYfOT comp"n9 the requirements of Ihe Actwth respect to accounting records and for the preparation of the accounts. These accounts have been wead in CordanCe Ihe provi510n5 8ppIKable to comparies subiectto Ihe sm811 companies. regsme. Approved by tre Board ofTrustee5 for on 27 Novernber 2024 and sTrgned on their behab. Simon Cliffd Chairman of TNstees Matt Smith Ve Chairman 13
Age UK Dorche5ter statement of Cash Flov Forthe Year Ended 30 Mar¢h 2024 2024 Cash flow from operating activities Nel movement in funds lor the pwiod 1130.3391 1210.2911 Adiustments lo cash I10 from nO¢¥$h rtems Depreciation and amortatIOn Unrealised I0(gaIn) on investment RealBed gain on investment RealBed gain on motor vehKles Finance income 1.773 117.8751 {1,3751 2,742 13,0191 12331 12541 {148.0701 1207,8801 Working caprtal adjustments Decreasell lincreasel In debtOfS In¢reasel Idecreasel in cred*o 6,514 1382) 199,2821 Net used in o)erats"ng aGtNrt 1141.9381 1245,5921 Cash flows from investing activities Interest from investments Purchase of investments 254 233 Nel cash prwal by investrrg aclivthes 254 233 Capitsl expendllure Payment to acquire tangibfe fixed assets Receipts from the sale of investments Receipts from the sale of laroitje frAed assets .18,9591 100.0(KJ Change In cash equivalents in the per {$0,6431 I118,1) Cash aThJ cash equTrrnlerts at the tw'nnirvJ of the Fefi 166,097 284,458 Cash and cash equivalents at the end of the peri¢>J 115454 166097 14
Age UK Dor¢hester Not•slo lh• FinancBI Ststsmvn15 Fovthe Year Ended Mar¢h 24 1 Accounting Polici•s 1.1 General infornsalion and ba51$ of a¢¢ounting Age UK Dorrhesr£r LS a ts)mpany Ivntsd by gLvantÈe in the Unrd derthe Conywn5 A¢L The rnaxirnum liability ofeath rner•S Iirrmted lo £1. ofthe ragithr6d offic is gNen on page 1. The nabjre of th8 chanty's operations aThJ its pNKip31 actrtss arg $8t IJ¥ Tru r&pDrt on pages2- 10. Th8 finarKial ststements tA¥e be•n pTrpared in £ slerfing on th2 IStorIcal cost trASiS. W1h the exception of Land and Buiklings Ivthich were rewalued in 20191XII a1 in 8co)rdarts WTth hm?wtng and Rerfing by Charits". Ststsmnt of Re¢x)mm?nded Pf8thL appItse to thartss wep8TrrvJ theiractounts in acwdarKt valh the FiTh8nryal Reportirwj Standard aPF4bkn m Ihe LIK and Reput4K ol IreLgnd IFRS 102) l Jarw 20151- ICh¥ritsS SORP IFRS 10211 and # Compani£1 2C<)6. The charty meets the definition of a befften uTrJer FRS 102. Assets arKJ fj#b&b•S w• ye¢4)0&d at 1.2 ID¢orne l irome is ¢rlud8d in the Ststemrrt of FaOI Actiw11ffien the tharity bs entiued to the incornp and Ihe amount ¢on be ou•)thfied reas0re aoxKacy. The lolowiw p)kcies are appked b parbuJL8r categories of income. Donation income is racwed by way of thJnaionsaThJ lul in th8 Slatem•nl of Fina101 Acbvdios vthen le1vatIe. FDr legacyes. timentiS taken as the eartr oftt date on either.. Ihe tharity is avrdre that prDbatE been granted. the e¥Ate has been fna1158d aThJ tifat'On has en nrade bythe exeTrJtor(sl to the Twustthat a £èsiritrArtk)n wjll ba mad6. or a distribJtKJn i8 rxeiv8d from the 8s12te. Rep101 gacY. in 48 oy in parL only conder8d prObate then Ihe arno can be measjred rehaW ch3rty blon notsfied ofthe •x•wtorf$ intentsn to make a dislribun. Wkre legpoes ha¥e been r¥Jbfi8d th8rrty or the charity ¢5 avaTr of Ihe granting ot probate. thè criteria fw ¢Ane re¢owtion ha¥t not m&( lh& legxy istreat8d asa cOntirnt 8S8et and ddoSed if material. Incorn• from grants. ID clrtsbl2 aciNtrs are n [1 in the SlalEment Df Fant41 Actib&SwhOn receivable and in the pen£#J to whth bky rete. Grants are rkferTEd the rrK>n$ have trken re¢eNed in acfvaMe ofthe Feriod to they retrats. Wlhere luThJs have not en recewed in a SFeafvd [wd. these knds will be accrued in debtor5 aTrJ recognised in Ih pernd lo Y rkt8. grants r¢¢ived h•v nd"or6 or restrictions as to their use attached the inc¥Jm8 is reccgntsed as sITICa8d rKome fvnd5. Where fK$ Sh condthns or Income frorn serwrn5 arn r•ceNed for carrjiry ¢)utthe thanlAE a£alES ofthe GPAnty. such as hDme txr. and amo¢Jnts are Ind in frJM n the Ststement of Financial Aclwibes then receNatle. WttrE fvmds have r¥)t been received in a SP8L¥fvd perh. fvy aTr a07ued in dEbtor5 arKI re<x)gni¥d in the PVKXI tr) tsy 1o1ots. Whare income r& recA8i¥ed n adva It i5defery8d to the [K#j to rt relatss Inve5trnent irKom8 is reesented by intsrest on firt51d on 11 i5iFKJthd Stpmgrrtof FinaFKvl t¥eS r8ceiwat48 and the 8mwTrt can bo measJrpd rela by the 15 rmllY w notifL8t"on of the int•r•st or payat4• by Ih In actord?FKe thi Chariti"•$ SORP IFRS 1ff21. unpaid wral valLmi••rts"rn• s ts)t M¢¥)9ns•d in th• finan¢4al slatsffn 1.4 ExpEnditure Endituré is recognid M an tss as a is ffred. Chatitsbl• ewnditLTr CQrnWi5e5 t)50 W5ts by tharrty ddNery ofts tharitakle aLknbÈs. It irudeS both costs that can te aHocated +"redy to suth athib•s and cos15 of an indiTrct nabJrv nec•s5ary to supwrt them. Oue to the nabJTr of Ihe chaWs obpcts aTrJ the of it5 acbwbe5. al costs. othBr than those dwe¢t tt$1s ttt C8n bo readl1yattrtkArt b) rts othar tradw aLMli88. ara a)catsd to tharrtat48 al*18. 15
Age UK DorchstÈr Notesto tha Financol Statemtsnts For th8 Year Ended Xl Mar¢h 2024 1.5 OpwatJn9 lea$¢s Lease5 in $ubslanlially all the li5ksaj WerdS of ¢yJrIP •rv rnlairrtEd by 12s%)r are dassffied as operabry leases Renta payat4e Lmdw operdbrvJ leases aTe dwrged to thE Statetr¢ntof F81 A(vitss as curred overthe term of Ihe 8$. Th& cw has operatirg18as ofthe wBMilIvrn rtopernts> The ble ofkased wemms remairts wfith the lesxlr. 1.6 Fbxed a$s¢ts WhEre ffixed assets are purchased. Ihey afe ¥2ted at wrthase ts)st pktsarty irfidental exper of acquisibon, less depatr)n Where fixed a58ets are thated. Ihey ate s131pd attlw Èrtrated rrrark8t valu8 on aCqur0.0n. les5 ¢preciation. WhÈr& assets hav8 been revalued. they are valued al a kKoleS¥)l rn#rket¥¥lLOtiC¥n r& re¥ied gvery fve Yea D•prn¢i¥iioh is tha in offrad as88ts 15 c4knAated so as tr) vnrt• off the cost of lthe assets. less any estimaled res•Ju81 ak. over thwr &xpectsd usefftjl ec•Tr)rn Ir¥e5 a5foknNs." Freehtskl krKI artl Ixjildings LoNJ16•sèhotd buildings Le45ehold imp1vrnn OffL equipment Compulertqul 8wJht linB Ibukliny5 Drdyl 0.1% sty3HJht IW3 year strat h.rnt 10% strawJht lu 100% StraItIn8 1.7 Inveslments Realised gairts and losses on i¥Ne¥merts are calojlated asthe drffèrerte the sakns pyOed5 and cost Unrealwd gains and losses are fAlcuP3tpd asthe drfIeret Ltn Ihe Trwrknt otts year end and openiTrJ market val or purchase date rf latsr. as adNtsted for uNe311 gasn5 OT bss85 in wevDUS year5 have ien iminated on disSaI. RealL%d a1 urrtalmd gams ntstÉèparatd FiMrKxal ktiv(o'es. Inv•5tments in YAJb5idiary COMPanSar atLX)5t 1.8 Debtsrs Sundry debtors are reco3ni%ed atthe settsm8nt armuntikn and Pp3sents8rp ¥tth aftK¥untprgpaid. Accsued incom• ss Inchjded at the ant dup to tt ¢P•ftty•tthe b•l•rK thèet dat8. 1.9 Cash at bank and In hand Cash at bank and in trAnd IU5(¥Sh thrtlvrm hv4W b4Lid in¥•thentsthat ¥ fadty corwertitAe to amunt ofosh are sthpct kn an insgrfficnt li5k of charge in valuE. 1.10 CrodS10 Creditors and WDvisiun5 are recogntsed Wre tr thrty h8s a presentot4pJ8ix•n rebtting from a past event th8tiYll protbly regjlt in th8 transfer of frmds to a tlwrd Forty and th8 amountduB to setue the obhyalion c¥n be rnea5urwl or ffjliably. ¢r¢ditrKsaryl FYovw¥r6 ¥e recog1 at th8ir $8lYement amjnt 1.11 Penslons The ¢hwrltyOt¢$ a dgfv)ed c¥JnlrilKrtK?n pertsn stheme forlhe benefftof its8Mpb85. Th8 it5 asstts are hèkl by independent rrnagets. Contribjtrjr are recognised in the Stst•rrent of Finar1 AGbvthes in the rv)d in they be¢•n* poyatle in attaaIth tr rulgs ofthe W1m0. The charity Is akn part ola dÈfinÈd bènefft pe) sdme. the assets aThJ Ik8trflibes ofwhth are not separately idenbffiae. Any p9nts are rEcwded in the siai•mtrrt ol Fmwwl A<"w8 in tr [)d in which th8y becorne payatée. Sge rK>ts 18 tor b*is of lh¢ 1.12 Taxatlon The company 1% a regtstsred tharity and B therBfor8 not Itable to r)raI)n lax to fjxlpntth4t its irrA)me ar¥1 g¥in$ are app1'cae to thaiitatde pUfFs onty. Value added tsy 15 recove ¥ny Verabl& amounts charged againstthe dnt tharilat4e adwty. 16
Age UK Oor¢h•str Notssto tho Financral StsIBm•nts Forthe Year Ended 30 March 2U24 1.13 Fund ac¢ounting General fvnd5 a urestn"¢Aed funds alle or 98nernW forth¢ rtjpctsofthe tharty IMtutIUrth8r$ed purpose and are availawe as 98noral . ReslTKIEd lunds are lo for wrwjses as 1gJ by ts donor. EyrKIth ets tt5 crrterion 15 ctrArged to the lurnl. Iwlherwilh a tax albxab)n of Mant aThl w#)rt costs as arprowwte. 2 Donations and legacies Restrlcted Total Fund$ F¥nd 2024 Re5tr1cted T)tal Fund Fund$ 2023 r•strl¢tetl Fynds tr1¢ Funds Dorralionsand grfts LegarA•s 5.3 12.419 12.419 17 805 17 805 3 Other trading activities Restrlcted Total Funds Fund 2024 Restrlcted Fund Total Fund$ 2023 r•strl¢thd Funds re$trki•d Funds $alo$ oldonatsd 9)ods •1 COMMI0 Distrbution from jtsirf Fun¢JTai5ng actilrilies Letting income l11an*0s 4.491 4.491 645 14.332 12.CQO 16.8XJ 16. 14.332 12.(LKJ 17.141 17.141 31.468 31.468 4 ExpenditUKe on faising funds Reslricted Total Funds Fund 2024 Restricted Fund Total Fund$ 2023 str1¢ Funds Funds TfadiTrJ o)515 38.144 38.144 191 17
Ayt UK Dorthe5ter Noles to the Financial Stst8ments For the Year EThJ8d 30 March 224 5 Expenditure on charitsble activils Un- f¢strl¢ted Funds R•strlGt•d Tolal Funds 2024 Restrlcted Fund Total Fuhd$ 2023 Fund$ RESTATED RESTATED Accounlancy and audii 8efrienthThJ Oemnba WFP)rf Oeweoation Fundraising Governan HandyFerson Horne Supwrt HOUa Grnnt Infom)ation. ad¥Ac and kxnEffits Lon81in8ss Mlation Management Nal rJttifVJ propct ExerciselFall prev8nli)n Pri50n Propcts Reath ¢xrt SarAal Welfare B8nefils Wel being 1,498 13.318 13.318 9).866 9).866 1921 25,184 54.C91 54.coi ,124 318 17.Q8 142,261 66.124 318 17.ff28 173.132 123.496 25.184 14.936 27.166 14.936 154.093 181.259 94.799 94.799 114.189 144.843 30.871 123. 15.178 S6. 79.855 15.178 136.847 101451 2.057 12.014 6.515 4.610 23,244 114.465 8,572 4.654 23.244 17.779 65,971 83.750 1,050 8,670 71.202 11.244 11.244 2.081 28,314 71.? 435.(¥J2 W,040 W.042 227.819 617.410 845,2 ' Dementia supW¢ indwles to NHS crynmlssh?I Ser¥S for CogThbv8 SuFpxt Therapy. Mn. ¢ommv&gonJ sarvrts relating to Mav)tsr•rt¢ cogr1e SuFpDrt Therapy. 6 Net lexp¢nditur¢)fincome for the period" This i5 atsd alter drg1j.. 2024 2023 Deweciation AccoÈntsncy charges I&pendent eXaMia1x)n ser%ics Au&'t services 2.921 1.1 7 Trustee directors Nonè ofthe dire¢trJis lor any peryjns tr)nneLd ith rertwed any mra110n drj th8 period ia)rJ.' non61 and rrrtlW1.f1v¢hVj ts"r rokn astr5 IWJ." nono). 18
Age UK Doi¢hester Notss to the Firyarrial StsIEments For the Year ETrled 30 ma 21)24 8 Employees and employment costs 2024 2023 Wages and s?rIeS Sou81 Senty costs Pen%on costs 470.657 28.182 1S.744 545.734 &3.252 17.3S1 514584 596 367 The chanty oFerates a dEffied rnntiibuixjn penwn s(kn. pen51r tharye for1he Feriod rEprEsents contributions payab by the chantyto the stheme and affKJunted to £15.744 I8.. £17,381). Contribjtic5totrulThj £2,251 120rJ.. £2.891} re F4Ydt48 to the atlhe end of Ihe pernd aTrJ ar8 indd in No indwitknl eMpk$e was paid oWr£60,Ix {20Z3'. rTh). The k6y management oflhe carty 15 consbyered to b8 Ihe Ch1 ExecYJti¥e Officer. Th8 totsl cost ID th8 charity of0mOYae b8nefifs for Ihe k&y margèment Fersorfftel vMs£%.80312023.. £55.$401. The av8rag8 rnonthly h8a¢knunt (number ofstaff 8nedl Iha 2024 2023 All stsff 52 9 Tangible fixed assets Freehold Leasehold FSAtrJrts, Cornpulpr Land and ImF¥o¥e- lea5ehokl Fitiin9$ an41 Equipment Equiwnent Total 2024 Cost As at 30 March 23 1.127 12.124 10.054 403.305 958 Addtions fDrthe year Unreali5ed gain cn revaluation Elirninated on disposal AS at Xl Marth 24 1.127 12.124 10,054 412.263 DépRciation As at 30 March 20fJ Charge lor wiod Eliminatsd on disposal As at 30 Marth 2024 2,424 .1.212 10.054 179 1,773 179 1.146 3,6 10,054 1S,Ct15 Net Book Valut As at J) Marth 224 379.981 397,248 As at 3J Marth 2UYJ 9,7D) 19
Age UK Oorchester Notesto the Finortk?I Statsments Fo¥ thg Year £Ied 30 M8Tch 2024 10 Investments 2024 2023 Agg Conc•m in Dors¢t Linit•d Age UK Dor5•t Enterwses Linrted COIF Investrn•nt kwunt 164.7YJ 245.472 164 784 245513 The ctrorityoY•n5 40 stror85 ol£1 each. wrv5entiNJ 40% oftr r¢ r4ptsl in a pnt ¥nturo comF4ny. A98 Concern in Oors8t Limited Iregistsred number W257 rs Eryjland aThJ Waks). The pint venbjre crynpany was e5tsblished in conjunction wrth Age Bou1 and cOrM rth DDr5et to PVDMd2 seivio$ Dorset for ohler peoF4e aThJ non%•rofft rroJng. Th8 shares transferred from Age CorKwn Dorcts on 1 Octobar 2011. All s8rvK88 provJ8d by Age Concern in Dot Linrted have now ceased ahh>Jgh the Ccfflpgny felaJr sUffient funds to enable the repaent0fal tr thare captsl ralY in fiJ11. The clarity ovms 1 share 01 £1. ofthe share captsl n 8 )JintVre ujmpany. Age UK Oorsét Entsrprtses Limrted Irtytstsrèd nurnlr in Englarl and wa$) Thè Niint nture compony %Yas establth8d in coniurxab)n wilh Ag8 UK ewrnemrrtth imtsd to wo¥•J8 SeTh•S ac¥oss tkJtsetfor old8r Fe0. Age UK Dorsèt Entww"ses Linited made nts diStriW of wofits b) Age VK ts)rth8St¢r knmited arwj Age UK Boumerrn>uth Limrted urKler IhE gfft thrre12021." no FfofiLsYre ditlx41edl. but rt dKI a historic toL4nce followi 3 recorriliatrn exerose. See notr 3 forluither thtai15 1knrvJ the y•8r. AgE UK Oor5et Eflterprises mited dth"vered seThi$ MI rekn.on 1¢ SUprt TPrapy. febled servrs w8ra delN8r8d by its parer•l (yJrnparM¢5. ¥rvJ Ag¢ UK Dortho5tst LvnitErfs 5h4rg of wyne and exppnditure lsd1$¢4 1lhin Support. AUKDEL od the chanty£6.938 atlhe r end. Tlxs balarts is rNIry ¢leL4ors in te 11. In 2018119 Ihe Charity bjught 1W2.41 arxwnuL8tiM of a COIF Charibes Invesiment Fund. In 2022123 th• Charity sold 521.28 urits. In 2023r24 the Chantysohj a luthw 4.35 unts knaving 1.071.13 uThtsat 30103124. The disdoswes of hirirAI cost and rrwkelvalue are nolEd bel)w. Movemenl In flxed 45set Ilsted Inveslments 2024 2023 245.472 8.314 Add.tsr Disp815 Net realised gain Net unrtrahsed Ilossesygains Market ValvE #t JY03Q4 I1.¢))0) 1120.rxoi 1,376 2.742 245 472 Histeri¢al Cost•S•i 30ffj3r24 trh510rical Cost as at3010yrJ 168,162 In%lments at Mark8tVah comwÉed.' VK Pr?pe Fund 245 472 The Trust h2kl the fDlltriryJ material lover 5% ofthE pNttDl bYVae)". COIF Clkgnties ProFtty Fund InveslrnentV81ues are stalBd of aCrd intsre
Age UK Dorchestèr Notss to the Financial StatsThnts For Ihe Year Ended 30 March 2024 11 Debtors 2024 2023 Sundry detknr5 Prepaymènts 42.795 29.980 1,9)7 21.S)5 VAT 51485 12 Cfedilors: Amounts falling due within one year 2024 2023 Trade c¥edito Penwn L¥editor Tax and xlcial seojiity 11.172 2.2$1 4.69) 12574 6,170 1.470 25.&72 VAT Acc•Jals 32.rJ2 J.354 50.736 13 s¢Ment of funds Asat 30103123 IncoTr EXd. itrj Transfer b•In funds Reallsed Asat 30103124 unreallsed galns and losses Uftrestrl¢ted fvTrds General fijrth 647.41% 275,7C 1435.1931 19.251 J8.558 De$l9natrd lunds b 8uilding res&rv8 So,0 rotal unrestrl¢ted fvnds 697 4( 275 7C 19.251 558.558 Restricted fund$ c B8fri8nding d Demenba SupFQrt eEOI f EyerryselFall wpwntion g Home spOrt h Hokvhokl st1prt Grart i 1nlom1atn and athe induding vHarè bonèfits. wami homès 24.584 47. 15.1781 154,Ce11 72,762 3,501 12351 3),871 131.083 I173,) 38.() 138.(o)I 24.531 32,118 j Management k Older safer I Propcts m Pris¢n u W•1 b•iry 79.855 (79.8551 2.462 (1.Cal) 1.3861 7.148 19.167 1%.315} Total restricted fvnds .041 113525 Total 2.422 654.644 19.251
Ay UK Dorettester Notesto the Finawal ststsments Forthe Year ETrtsl 30 Marth 21Y24 The general unre51ricted pnts the unrestrKd knd5 oftre tharty atts Fncrfj end. b The bjilding re86r¥e ls tean put asth forrrk required on tr c Vanous grants hav8 been prDwded to SUPFJrtthe 0¥190n of a tthir¥J to h81p redLfe aTrJ so¢NI ig)laDw. famihes affectsd by dementia. We arE wovd to cdlabofate NHS Dor5el trJ detiNr CcJnfab Stimulation Therapy ICSTI. a $tialised Fwramm8 d8sgn80 to enhance ats'hties and twality of lif& for itthduals INir¥J wth dernentia. cornmissoned Drk 8¥Kl8td int8NenbTh iud ex8rc48es soclal activites, tsib)Ted to tho uiwe needs ofeach F4rbc#part In addrb'on to the CST programme. our Dements Supwrt serwKes eromp8ss a rarrfJe of iThiiati¥es. as ed(tiOn. communty eThJagement oal groupswhich for betEer> Ihostr diagrnsd bul al betsveen thèir carers. Our team is dedtstrd to ¢¥¥ab"ffj a rwturing aThJ irdug¥p envirvnrngnt trwtlors a sense of belonging frjr both indivhluab 1th derrn1¥ and t185. T1Y5h those effor15, aim to wovide hobC support thatadthesses the L3)gritwe. emDl•)rAI. and >xil dinen5tonsof ith demenlH. Our commilment exteThJs beyoThJ ndmdual (are to uJmrnUThtyamFearM1 a¢fvocKy. We actively partripate in rai&rKJ awarèness abo dsmontya40foi¢d orn1 parbi•fsk) pr0 a dorn#-frTh3IY EDI (Eq1, t)iver, and Inchjsonl Propcl Grant CourKi14ed. mth".8g8ncy rave Icwl a iver8e nthY1 of ctsres Ianraa)ns, eA)IlabDf3bvelyto a(fvan Equahty. Qh"veTrty. arKI Indusion ac¥oss our c£smmurrib8& 8y18veraging a of ppr5pectivo5. cra1 in5vJhts Sector treThts, aim to tkn MeaThr1 cang8. fostsr iru&v. and ensure fa reprvs•ntalion. This propct und8rSWTes ow commitrnent to an ewitak4e ¥èty. anwktyrJ dverse VOKS. and tJilding a more inclus¢ve fiJturo. f Our Ex¢/Fall Provention rs rAntred arnd pmn¥Jlir¥J tho h8aHh safety of ow comrThJnty rngmber5, Forbcularty those at risk of falLs. We offer tailored exercise wuyrdrnmesthat IDCUS an 51wEngth. balarre. and ¢>xrdinaiiDn to redu the ii5k ol faHsarTh)ThJ older ad. This W¢t¥& apwoath orty enhartss well. being but als) rnntsibutes to overall heatth aThJ lThlepandea. g Our Horne Support %eNic lir is dedKated to forir¥J IndeFftkn and enharKHwJ the o¥prall wpll-bEiny of indiTrnduals in the C•fnfort of oym We spec48 in rnrrfrn)ro1 raro servicas tsred to meat the unique needs of each iTrJNbJual. Our ronyas¥onat¢ team offers sjwort in lOuS8sctyOfdY kir¥J, irthrvJ ¢kn¥ic thjressuth as drIng and ofganisirJ liwng SF4CeS. By takw care ofth88e 888erl tasks. •in b) crÈalÈ * cx)mfDrtab and sfE IK)me ettvir¢rtrntrtt tfv4t rmnotss independen. In additth lo thmeslic gJW)rt wr sow¥s ar rBCO3rySTrJ the IMrta[ 018ocral comectitins for mental and ernolK>nal lbe1J. Ourteam ongage iTrJMduaLs in meaningful ways, olfenng frndly conve¥satsorr5. re athibes, aSSla Atthe of OL¥ Home SuFport servics isth8 bakf Ihat a¥er>one ¢servÈslhe tsKwrtunty to agtr in pl dignty. By provKliry asta ilh daily tasks and fosten'ry wmp8Nonship, anab 1ndMlS to maintsin Ihebr 1ndevnd•n aTrJ contrw liwng in thei¥ f8mdrar home erNironments. h The Hou%k SupFQrt Grant is a firrtial asststsnc prograrmie to •llevBts the e(x)nttm rden on inth'wduals and faMilS faorvJ firAncial thallervJes. TINS 9rdnt srELifrallytsrgpts essenl.al USehold expenses, sjch as utihb"e& aTrJ groce% 8y wovi(lir¥J kns gJFPX( wa aim rmon¢) bility arKI ptpmots a rTKJre soujre Iwing enwronment lor lfv)se in red. Thp Househokl SuFPrt Fwd s Fxovthl by kn DeFortrnentfor Vvork and pens1 Ag8 UK D¢)rckntstsr actsaslhe cu4o¢fAn arKI dtstroJtor of these fimd5 on behalFof Dorset Courril. i Tho Inforrnabon and advK¥ rfyserwe cJ)VWs nts rebatffig to Ihe FvISion of fftfomiots.on aTrJ otyicts. irKk)din9 warm Homes fvndiTrJ (which cm• from Eon aThl aFpttes to sthemes b IrnFKU tin9 arvJ I[atin appb"e51p benefits entitements checks). J The Managemtntfunds reted b an domentof or Ctrfrtrtforthe thh.stry ofpractral ernotional sjppirt. k The Older Safor PleCt Grant The Ohler Safer PrDject is a c3)MatKJrati¥e 8fft1rtitr tsxset po at)J Crvn• ¢pmM¥)rer, th9.rt IlIstiCallY svpp)rt older rEsidents in feeSr¥J safr ?1 p¢ved ytt"n ttrir rxJmrnuThties. Th"s wojectfoseSC critical areas suth as IT safety. scam wareness. and hEqne safety rheck4 enh8roThJ pathway5 for repothg and swJnposb"r¥J to ewntial seMrs. Thrh prothe safety and c•mmuThty ed¢Jcaixsn, slrive to make C)r88ta safer. mor se plarforour awng wwlthn. I ProJeciS A rangp of aller Fyojects aimed at wpp)rbng oldar peop.
Ag UK Dor¢h$t¢r Not?sto the Financkal Ststsments Forthe Yeaf Ended 30 Mart 24 m Age UK wovided a grantto enae the prowson of 5UPFKYt to dder peoF4e wsorts. Triscovers prowding irrfomiation. athith and acbvibes. helps wepanw them ID ka¥e the The contrart is lor 2 year5 and (xJmmeTrJed AUSt2020. The rema4r#ng has bEEn translprred to tre g•naral knd as all tsfthe reLot8d expen¢ttJw had b¢n iAIrr9d bul r¥Jt rerogrwd in prevvJu5 years. n Variws grants have b88n P¥Dwded to the wovison ofa weUbaiThJ sèM(. whKkn hpS to red brlirss and swal i1•). 14 Analysis of nel assets l)elwn funds UTrvest- Rest4 Totsl Funds Unr•st- Re5t4kt8d Total Fund 2024 ricIBd Funds Fund Funds 2023 Funds Frxed assets Current assets Creditors thjt wIn oft yar 448.487 1EO.425 19).3541 113,525 2,012 160.425 I.354) .615 217,W IX).7361 I.039} 635.576 217.582 O IS).7361 558.558 113.525 Financial cofflmitments As at JJ Marth 3)24 the thartywas commrtted ts mard th8 lontrmry F4yNts un¢r •$¢$.. 2024 2023 Land and bulldlw$: Expiring 2- 5 years Other.. Éxpirirg ?- 5 Jear5 As atxl Mat¢h JJ24 Iho th8nty ¥s c4)mnwibJ to makn'r¥J the fokniro payTrants undèrcntractslor s&rVI chary$'. Land anii buildings.. Expiring 2- 5 yes 16 Related party transactions The charity uTrJertook no transaconswrth itsitsint venknrp L¥Jmp4ny. Age CorK•m in tkn15fjt Lrnrted. During perpJd Age UK DOr¢r rENed £ryl in fees or recl%arged arts(2)3. £Thll from Conrn in Dorsèt LirnilEd The charity (INered tkrnertrd svrwrt s•rvtrns on behalf of it5 jnt venbjre (MFnY. Age LIK Clorset EnlErpri59$ mtsd IAUKDELI. Thè amount reex4¢ from corrp8ny was £72.24012023.. £73.C61). £6.039 was cthstandi at Ihè year eIl2{Yz3." £11.5161. OuriThJ y3rAUKDEL £441 in relalion ID tOr accountaY aThJ lee on behaf ofAgB UK rknrchestei MIted Q023." £1.535 Feid on ofAUKDELI. £381 was OLrfslarvJirKJ ot11 nd12023.' £15351 afteran 3diustrnentvrns mad• in rdation to acclued fees. £519 of profit share remains Unpa at Ihe ye8r eThJ. *ith a k)tsl amthtdue from AUKDEL of£6,939 I3.. £645 and £13,&96 peCtity1. 17 Company limited by guarantee The charity v•Bs irK¢jrad as a rnany INted bygLAArtse •tsJ hos tla1. guarnntee to th8 ¢¢mpaty B£1 per rrterOn th• of ts company.
Age UK lJor¢hester Notssto the Fina1 Ststsments For th8 Year Ended 30 Marth 2Wd4 18 Pension and similar obligation5 The chanty pafticipas in ¥ TPT Rekn"rement Sohrt#)rts- Th8 Plan xlwne. a MuM-8rnyer 8(eme whith proyid8S tfrtS kn wrne 1.>X) rrf)n-4SWtstsd pafficirmtrg Tr tn•fft in UTri It 15 rK¢t possble for the rtharty tD otrAain 5uffiaent infotmalK)n b enatlE it to ac£ountforthe as The geme subFcI tts Ihe lurKJity oulirtd in Ihe pe1¢r6 Ad carne ito lorr on &) DBtsmbvr 2(IJ5. TIMS. toge1herlIti thents iSsd by Iha P8ngons ReguTrator TechnK21 Acbjarial Stsndard5 i55ued by the FinarKial Rep)iting cOLA. 59twt Ihe framerk forfiTrJty dofin¢d inofft o¢atyotion•l n$On schemes in the UK The ¥theme is cks%ffied as a Yast-man standing arrary2menY. Therefts thnty ts Pjtèntially liab for olher Forbcipabng emF4oFrs' obli98liorv5 rflse ernFloyer5 arE Unab ID rneet theirslBrE offv thrre defifytfollowiry4 vrithdTrwBI frDm the scheme ParbGipakng empr5 arv galy reQrEd tt) their slwrp dpfi¢?t on an arlty pwchase basi5 on ltrJ4¥MI frcrfn Xlwne. A bjll a¢arial ValUatn f¢r th8 thrne %WdS carned cArt 8t X) September 21M4. Thtsvaluatrjn showed assets of £793m. liah'lities of £970rn and a defKit of £17Tm. To elinirote trrfsfvf¥Jing shothll. 1he TYu5tee asked the rtiopabrvj em0yers to pay addtKsnal contribuknns to the stheme frorn 1 X116 to 30 S8pt8mb8r 2025 of £12,945,440 per amum Ipayabkn monthly mrxeasThJ by each on 1stAw"Il. frorn 1 Apn"13)16 to 30 September 2028 Of£54, Feramum {paYab monlhty and irmasng by 3% eath on 1st Wll. Un1858 a xrKession has bBen agre8d ilh the Tnjstse the tern b) 30 Setlember 3)25 awr Th• recovery Fkn cltiorI5 are aUc(ated to eath warfiLypb"rvJ emptr>1 ne th8westimated share of the Series 1 Series 2 kabdths. Where the xheme 15 n defic4t and where the MpanY has agreed to a d81 ananprnentlh8 rnpanY recognises a Irat41ity for obligatrn. The aUnt recOgrd is Ihe nètpresent valL of the defic4t reducbon ntributons payable under ts 8greementthat rehtssto the d8fK4t. The sent value calwkated ung the Thè charity has reIVed a(kIe that I{? was an estimate¢l debtof £4.13813)22.. £5,Tl on the b¥thdrawal Ikgts'hty in respect of the scheme at 30 Septsmtei 3J23 As rKsted atKJ¥e. the acbjal Iwt4'ltyill be kJv)wn rfthe th8rity ithdraws from the ¥£heme 8ThJ Ihwd had not ottwred attr date ofth"s r8FQrt