REGISTERED COMPANY NUMBER.. 07531073 (England and Wales) REGISTEI RED CHARITY NUMBER: 1143453 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL ST ATEMENTS FOR THE YEIIR ENDED 31 MARCH 2024 FOR AGE CONCERN DOVER LIMtTED (A COMPANY LIMITED B Y GUARANTEE) Mccabe Fol'd Williains Chai'tei'ed ACCO1]tantS Charlioll House Doiir Street Kent CT16 IBL
AGE CONCERN DOVER LIMITED CONTENTS OF THE FINANCIAL STATEI MEI NTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees Independtnt xaminer's Report Stxtenieiit of Financial AetivilTe5 Balaiiee Sheet Note5 to the Financi81 Stateineiits 8 10 17 Detaile(I Stxtement of Fiiiaiicial Activili 18 to 19
AGE CONCERN DOVER LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Tl)e truste¢s who are also dllE¢tors of the cliarity for the pu(}SeS of th¢ cOpanICS Act 2006, present their report with the financial statements of the ¢hgrity for the ye. ended 31 Mttrch 2024. The Iste¢S have adopted the provisions Df Accounting and Reportiiig by Chariti¢s- Statement of Recommetkded Practice applicable to chai'ities prepai'ing their accounts in sccordance with the Financial Repot1ing Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l Januory 2019). OBJECTIVES AND ACTIVITIES Objective5 alld aikns We operate uiidei. the tradinL) nanie of The Riveiside Centre, Dover. Oui. aim is lo proinote the welfare of all people ov¢i' 50 in Dover aiid the surroiiiiding ai'ea. We do this by providiiig lunches, u'ansport and a ranx¢ of other activities at the Rivejside Day Centie. We coiilinue to seek additional finance to support and develop our existing sej'vices. In plam)ing OLir activities the Trusteeb keep in mind the Cliai'ity Conimission's giiidance on public benefit, as well as the requsrenients of the Care iality Coinmission. ACHIEVEMFNT AND PERFORMANCI Tlie fiiiancial pi'oblems predicted in tht previous financial report appear to have been nnagVed efficiently lll that despite oiii. ¢onlinued i"efui'bislunent progi?Iiune our flnancial situatioli remaÈns stable. This h&s beet) achieved in the following Ivays.. I. Oui. IDQin rental imcome in¢r¢ased over this financial year by providing a fuytlier chiropody clinic & week, providing room hur for seated yoga and chaii. exei¢is¢s as ivell as increased i)umbers attending otliei. activities 4¢ the Centre. (hir catering Iiumbers also iiicreased over the ye&r. 2. Increasitkg oiii. income stiEatn froni our chai'sty sliop wliereby ttiTnover was increased by aboiii £16,000 foi. the rinancial yeai.. 3. The solar paiiels installed at ilie eThd of tlie piEvious financial yeai. offset some of the inci¢ased costs iii¢iii'iEd by the enei'gy Ci'Ésis. 4. Obtaining financial (Tranls for both Jefurbislunenl ai)d provision of activittes at the Centre. T]ie Kent Coiinty Foiindalion gi?iit of £IO.000 was ¥iven to ftind soni¢ staff costs foi. oui. snack bar and provide sottie assistance ivith oiir ongoing iiieal deliveiy service. A Natior[ lottery gi'ant for £9,999 was obtaii)ed to go toivard5 the cost of I'¢fui'bisliing our kitchen so tliat it ivoiild be able io catei. foi. increased iiiiiiibers attending the Centre. A Post Code Lottery br1c nt for £25,000 was obtained and llsed to help fund the Cet]tYe a5 Ivell as pay foi. the ki¢clien I'efi]I'bsshment and otlier stiuctui'al chattges that l)ad to bc nde to the Centre to increase space lor rooin hire ai)d oilier 4c(ivities. All tlie above meaLI.eS have allow¢d the Centre to oontll)ue to floiii'ish in the coiiimunity witlioiit putiingi it at i'isk from the economic pi'essui'es that hfive be¢D present througli tlie fiiian¢ial year. FII¥IANCIALRF.VIEIW Fillancial p05ltioii Durinu the year tlie chaiiiable coinpany niade a suiplus of £5,551 (2023 £37,996). At tlie year eiid tolal uiyestricted r¢serves ivere £367,761 (2023 £316,382) of wlii¢li £192,165 (2023 £152,712) was adIlY available. At the year end there iYer¢ 81$0 i'esti'icled fiiiids of £33,068 (2023 £78,896). FUTURE PLA Trjs Tlie foi'ecast Éoi. i)ext year is to ¢othliniie oiir IEfi)rbishinent w'ogiiinnie, in paiticiilai. providing a sealed oiitdoor space at tl)e bclck of tlie builditig iiext to the River lo incre%ige cater6 tui'novei. but a150 PTovide EJ space for ic w'dening eliib activity for the con)Inunity. STRUCTURE. GOVERNANCE AND MANAGEMENT Gov¢riiimg docu1etit The company is I'egistered as a charitfible company liiiiited by giiarantee ad is conslitiited by tt Memorandum of Association dated 16 FEbiAry 2011.
AGE CONCERN DOVER LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 ThiCH 2024 STRUCTURE, GOVERNANCE AND MAf4AGEMENT Recruitment and appointnient of ti'ustees The maiiagement of the charirable cornpany is tlie respDnsibility of the Tnlee5 who Are elected and co-opted under the iemjs of the .litIeS of AssociatLOn. Organisational striicture aThd (leeision makiiig Tl)e Ti'ustees delegalE Ihe day to day respoiisibility for the orgaiiisatioii to the Chief Officei.. Risli maiiag¢ment Tlie Trusiees have asses9ed the ]najor risks to ivhich the charitabl¢ coinpaiiy is exposed, in particlllar those related to tbe opeiations and fEiiances of the charitable Company, and al'e satisfied tliat systeins and pi'o¢edures are in place to mitigate our exposure to the Ajor risks. REI FERII NCE AND ADMIF41STRATJVE DET AILS Registered Coinpaiiy nllmbei. 07531073 {Eiigland i< lld Wjles) Registei'ed Chaiity iiumber 1143453 Registered office Riverskde C¢nlre Maison Dieu Gai'dens DOVER Kent CT16 IRL Ti'iistees Mrs M Pi'essnell Di. A J Stellon RIVick Mrs S E Parkin (I'esigiie(126.7.23) S J Brice A Suinmers (11 Ppoillted 26.7.23) g E M Clarke (appointed 26.7.23) IMd¢pendent Ex&niii)er Mr l D Pascall Mccabe Ford WilliatllS Chai'tcrcd Accoiinlanls CILirlton Elouse Dour Street DOVER Kei)t CT16 IBL Baiikei'5 National Westniinst¢r Bank PIC DEAL Kent CT14 6EW Page 2
AGE CONCERN DOVER LIMITED REPORT OF THE TRUSTF.ES FOR THE YEAR ENDED 31 MARCH 2024 This repoi't has been prepared in accordance with the special pi'ovisions of Part 15 of the CoTnpanies Act 2006 1'elatin& to small companies. Approyed by order of the board of trustees on ..L%.Yqa4¢Tr 20 and sibjned on its behalf by.. Dr A J Stellon- Trustee Page 3
INDEPENDENT EXAIVIINER'S REI PORT TO THE TRUSTEES OF AGE CONCERN DOVER LIMITEI D Indtpemdent examiner's report to the trustee5 of Age Coiicern Dover Limited ('the Company,) I report to the charity trustees on iny examination of the accounts of tl)e Coinpany for the year ended 31 Mah 2024. Responsibilit1¢5 and basis of rtpoi't As Ilie cliarity's 11'115tees of tlic Conipgny (and also ils directors for the purposes of con)P1< ny law} yoii al'c respoiisible for the preparation of the accounts in accordance iyith the i'cquirements of the Companie5 Act 2006 ('the 2006 Act,). Having satisfied myself that tlie accounts of the Compic ny are not requii'ed to be audited iindei. Part 16 of tlie 2006 Act and are eligEblc foi. independent exan)inatioii, I report in respect ofiny examination of youi. cliarity's accounts (15 caTried out und¢r Sectioll 145 of the Charities Act 2011 ('tlie 2011 Act,). In canyingj oiit my examination I have followed the Dll'ections given by the Chai'ity Coinii)ission under Section 145(5) (b) of the 201 l Act. ITidepeiident txaminei S 5tatenient Since yoiii. chai'ity's giross income exceeded £250,000 your examiner must be a member of a listed body. I can confw that l am qualified to undeitake the exainiiiation because l am a Inembei. of the Institiite of Chic 1lei.ed Accounlanls in England and Wale5, which is one of the listed bodies. I l)av¢ coinpleled my exaTniiiation. I confirm that no matters have coine to my attention in eonnection ivith the examination Ljivingj nie cause to believe.. accountingl I'ecords wcie iiot kept in respect of tlie Conipany as IEquired by Section 386 of the 2006 Act. or the accoiiiit% do iiot accoi'd ivith those records,. oi. the accoiinls do not coinply witli the accoiinting i'eqiiirements of Section 396 of the 2006 Act otheT than any reqiiiieIiTreiit tliat the accounts give a true and faiT view ivhich is not a n)aller con5ideiEd as pail of an independent exaniination. or the accoiint5 have iiot been prepai'ed in accordance with the methods and pi'inciples of the Statement of Recoinii)ended Pr]clice for accoiintiiig aiid r¢poitiiig by chaiilie5 {applicable to charities pi'epai'in¥ theii. accounts in accordai)ce willi the Financial Reporting Sian(lard applicable in tlie UK and Republic of Ireland (FRS 102)). J have no concems and have comc acr055 no otlier rnattei3 in coniiection iviili Ilie exaniination lo wrhich atteiition should be drdivn iii Iliis repoit in oi'dei. to enable a pi-oper iii)dei'staiiding of Ilie accounls to be iraclied. Mi. l D Pascall Mccabe Ford Williams Chc1l"lered Accoiiiilants cli7l.1t0n Hoiise Doiii. Street DOVER Kei)t c'r16 IBL Date.. PaLie 4
AGE cof4CERN DOVER LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATtNG AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 2024 Total fitnds 2023 Total ftmds UnrestrÉcted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 89.561 69,669 159,230 175,613 Charitable activities Salei of Ineals Sales of snacks Ti'anspol't Personal caTe Cards, wool and misc¢llaThe0S Deinentia support Diabetes Peer Suppoit 92,671 8,947 1.602 6,758 4,090 2,065 92,671 8,947 1,602 6,758 4,090 85,700 2,200 84,525 8,420 2,778 5.016 3,190 98,794 83,635 2,200 Othei. tsading activities liiv¢stment income 7,058 3,482 7,058 3,482 3.868 2,259 Total 216,234 155,504 371,738 384,463 EXPENDITURE ON Cliaritable g¢livilies Infoi'mation aiid advice service Sales of ni¢als Sales of snacks Transport Peisonal care Cai'ds, wool and miscellaneou5 Household siippoit Deit)cntia suppott Diabetes Peer Support 714 139,393 16.183 3,598 5,623 4,274 714 152,393 22,084 3.598 5,623 4,564 61,449 115.155 2,200 13,000 5.901 180,568 19,848 5.519 5,562 4,743 48,726 77,304 290 61,4g19 103,425 2,200 1,730 Othei. 3,426 3,426 2,lJ16 Total 184,941 186,265 371.206 344.236 Net giaiiisl{losses) on investments 5,019 5,OL9 (2,181) T INCOMfil(EI XPCI IN'DITURE) Tyansfei's betiveen fiiiid5 36.312 15,067 (30,761} (15,067) 5,551 37,996 18 Net movement in fiiiids 51,379 {45,828) 5.551 37,996 RECONCILIATION OF FUNDS Toial funds bi'ought foi'wrd 3J6,382 .395,278 557,282 TOTAL FUNDS CARRIED FORWARD 367,761 33,068 400,829 395,278 The nole5 form ijart of tliese ffftaiicilc I St1 len)et)is Pa¥e 5
AGE CONCERN DOVER LIMITED BALANCE SHEEI T 31 MARC.H 2024 2024 2023 Notes FEXED ASSETS Tangible assets Investll)ents 12 13 175,596 60.469 163,670 55,450 236,065 219,120 CURRKNT ASSETS Siocks D¢btoi Cash at bank 8t)d in hand 14 15 2,200 9,086 185,716 2,200 11,281 173.863 197,002 187,344 CREDITORS Aiiiouiits falling due within one year 16 (32,238) (11,186) NET CURREJNT ASSEITS 164,764 176,158 TOTAL ASSETS LESS CURRENT LIABILITIE% S 400,829 395,278 NET ASSETS 400,829 395.278 FUNDS Ui)YestYicled fiinds Restricted fiinds 18 367,761 33,068 316,382 78.896 TOTAL FUNDS 400.829 395,278 Tl)e chai'ilable ¢oinpai)y is entitled to exeii)ption froin audit under Section 477 of the Coi)Ipaiii¢s Act 2006 for the year eiided 31 MaT¢h 2024. Tlie membei's liave Iiot required tlie coinpany to obtaii) &n aiidil of its fiiiaiicial statements for Ilie yeai. ended 31 Mairh 2024 in accoi'daiice iiitli Scetion 476 of the Companies Act 2006. The trLisiees 41¢knowledgc thcir rcsponsibilities for ensiiriiig that Ilie chai'itabl¢ cnn)pit ny keeps accoLinting records Ih&t comply iwith sE]0$ 386 and 387 of tl Coinpanies Act 2006 aTrd piepai'ing fmancial stateinents ivluch &iive a Irue Jnd hii. View of the state of iiffairs of tlie cliaritable company as at the end of each financial ye&i' and of it5 siirplus or deficit lor each fiiiaii¢ial year in accoi'dance ivitl) the iYqiiii'eTI)ents of Seetioiis 394 and 395 aiid ivliicli othei-i¥ise coinply with tlie i'eqiiiyetnenls of Ilie Companies Act 2006 relaiing to fncIal staten)ellls, so f41r as applicable to the chai'itable collip]y. (bl The iiotes fom) part of these finaiicial slateiiieiits eoniiniied..
AGE CONCERN DOVER LIMITED BALANCF. SHEEIT- eonlinued 31 MARCH 2024 These financial statements Iiave been prepared in accordance with the provisions applscable to charitable companses subject to the sinall companies reginie. The fancIal statements were approved by the Board of Trustees and authoi'ised for i5511e IS.f4.•QQp¥..Ja.*.... and weir signed on its behalf by.. on A J Stellon- Trustee The i)oles forin part of these finaiicial slateimeiils Page 7
AGE CONCERN DOVER LIMITED
NOTES TO THE FINANCIAL ST ATLMKNTS
FOR THE YEAR ENDII D 31 MARCH 2024
SIATUTORY INFORMATION
A&Te Concern Dovei. Limited is limit¢d by guaroiitee and i'egistei'ed in Et)gland and Wales. The Ineinbeis of the
charitable company air th¢ Trustees nanied in the Reptht of the Trustees. In the eveiit of the chai'itable compaiiy
being wound UP> tlie liability of each inen)ber 15 liniEted Lo £1. The charitable ¢oinpanys registered Thumber and
registered office aadi'ess caEi be found in the Repoi't of the Tiustees.
The pi'esenlation ciirrency of the fancial statements is the Pound Stei'ling (£).
ACCOUNTING POLICIES
Basis of prepariii¥ the fiiianelal statemeihts
The financial 8taten)ents of the charitable compaiiy. which is a public benefit entity linder FRS 102, have been
pr¢pai'ed in accordaiice ivith ilie Charities SORP (FRS 102) 'AccollntinuJ and Rq)orling by Cliarities.. Siat¢ineiit
of Recomniended Practice ftpplitable lo cliarilies PiEparing theii. accounts tn accordance ivith the Financial
Repoilinu Stand'd applicable ui the UK and Republic of "e1c7nd (FRS 102) (effective l January 2019),,
Fiiiaiicial Reporting Staiidard 102 'The Finai)cial R¢portitig Staiidai'd applicable in tlie UK and Repiiblic of
Irelaiid, and the Con)panies Act 2006. The finan¢ial stateinents have been pi'epai'ed linder the Iiistorieal cost
¢oiivenlioii, with the exception of investments which are incliLdEd at niarket value, as Inodified by the Irvaluation
of cerlaii) assets.
Th¢ finaiicial stateiiienls liave been pi'epaiE(l on a going concei'n bASlS. Theie are no Inatej'ial uncei'lati)tt¢s ivhich
cast doubt on the chai'itable company's ability to coiitinue as a going coiicein.
PrepArAfioii of ¢OElS01idated financial stat¢inent5
Thc fi1)ancial statements coiitain information about Age Coiicem Dovei. Liihited as an individual con)pai)y and
do not contain consolidated fiiiancial iJifom2< tioti as the p&Yent of a group. The ¢liai'ily is ¢x¢nipt linder Section
399(2A) of tlie Companies Act 2006 fr011) t]ie requll'Eri)ents to prEpaiE consolidated fiETrnrial statein¢nts.
Income
All income is recognised ii) the Stftteinent of Financial Activities oiice Ilie cliai'iry lias entitlemeii¢ to tlie nds, it
s probable tliat tlie incoine i¥ill be iyceived and Ilie anioLIEJI Lan be measured reliably.
Govei'nintnt grants which al'e reveniie based 'antS are IE¢ogJiised a5 incoine over tlie periods ill wl)ich tlie
IEl¢lted expenditure is iiicurred. Gi?nts for the pw'pose of giving i]nmediate finai)cial .support ivith no related
tiii'e costs t)re recogiiised as i]iconie wheal receivable.
No ainoLiiils are iiicluded in the fiiian¢i#l stateTneiits foT the services doiiated by voliinteers.
Expen(liture
Li#bilitle5 are recoLTnised as expeiidiliiir as soon as tliere is a legal oi. constl'LlCtive OblgatiOn coJhii)itting IlJe
chai'ily to tliat expenditiire, it is prob11 ble that a transfer of eeoii(Jmic besiefit.% ivill l)e qllred in setileimejit and
the
AGE CONCERN DOVER LIMITED NOTES TO THE FINANCIAL STATEMENTS- coRtiiilled FOR THE YEI AR NDED 31 MARCH 2024 ACCOUNTING POLICIES - eontinued Taxation The chai'iiy is exempl froill coworation tax on its ¢liaritable activities. accouiiting Unrestt'icted funds can b¢ used in accordance with the cliai'itable objectives at the dis¢retitsn of tlle trnstees. Resti'Ected fvndg can oiily be used for particiilar restricted purpose5 Wlthin the objects of tlie cliarity. Restri¢tioiis arise ivhen specified by the donoi. or ivhen ndS are raised for particular restricted purposes. Furilier explanation of the natstte purw)se of each fund is incliided in the notes to the financial s¢atemenÉs. Hire piii'cliase and le#siii£ eoinmitinents Renlals paid UTtder operatU)L lease% are cliarged to the Stateinent of Fii)an¢ial ActivitÉe5 on a straight line basis over the period of the lease. Pensioii eosts and other post-retii'eineMI bcnefits The charitable coit)pany opei?tes a defined contribution pension sGheJne. Contributions payable to the charitable company's pension sclieine are chai'ged lo the Statement of Finaiicial Activities in the period to ivhicl) they i'elate. IvlMe11tS Fixed &s5et investments are iiiitially i'ecognised at their knny&¢tion cost and subsequently Ineasured at fair value at the Balance Slieet date, unl¢s5 fair Yalue cannot be nieasui'ed I'eliably ii) Ivhicli case 1¢ ib nleaSrd al cost less InpaTrment. Investment &iains and losses. Ivhether realised or unrealised, are coinbined and 5hoTh'n Èn the S1atement of Financial Activiti¢s. DOIY ATIONS AND LEGACIES 2024 2023 Donalsons- gei)eral Donation froni Dover Age Conceiii Ltmited Graiits 12,081 52,480 94,669 15,033 42,761 117,819 159,230 175,613 During tlie ye. the cliaritable ¢QTMpany received various goveiniiieiit allts ivliich al'e included iji the &bove. £48,570 (2023 £84,900) wfts received fi'oin Dover Disti'i¢t Coiincil aiid £100 (2023 NIL) Ivas received fi'oin I)over Towii Council. OTHER TRADING ACTIVITIES 2024 2023 Fiindri1isiiig events Hall hll'e 3,784 3,274 2,333 1,535 7.058 3,868 PaLJe 9 coiiliniied...
ACE COIYCERN DOVER LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR EIWED 31 MARCH 2024
INVESTMENT INCOME
2024
2023
DivideTrd5 recesvable
Deposit account interest
1,612
1,870
1,612
647
3,482
2,259
CHARITABLE AcrIvrTIE4 S COSTS
Dll'ect
Costs (see
note 7)
Support
costs
Totals
Information and adyice service
Sales ol-meals
Sales of snacks
Transpoit
Pei'50llal care
Cai'ds, wool niis¢ellaneous
Houseliold support
Dejneiilia SippOrt
Diabetes l)eei" Support
714
75,254
14,636
2,265
714
152,393
22,084
3,598
5,623
4.564
61,449
115,155
2,200
77,139
7,448
1,333
5,623
3.403
42,649
30,712
2,200
18.800
84,443
197.273
170,507
367,780
DIRECT cosrs OF CHARITABLE ACTIVITIES
2024
2023
Staff costs
Minibiis expenses
Tiavel expcnse
Purcliases
AGE CONCERN DOVER LIMRTLD NOTES TO THI FINANCJAL STATEMENTS- coiitlniied FOR THE YEAR ENDEID 31 MtskRCH 2024 TRtJSTEES' REMUNERATION AND BENEFJTS Thele We no trustees, reiiillneration or other benefits for the yeai. ended 31 Mtjrcl) 2024 nor for the yeai. ended 31 M'¢h 2023. Triisttes, expenses During the yeai. expenses totalling £699 (2023 £1,014) weir paid to one In]stee (2023 tsvo tnjslees). Jo. stAFF cosrs 2024 2023 Wages and $alttries Social security costg Other pension costs 2Q8,399 10,171 3,048 198.548 7,453 2,683 221,618 208,684 Tlie avei'abje Inonihly null)ber of einployees diii'ing tlie year was as follows.. 2024 15 2023 16 No employees received einolunients in excess of £60,000. ii. COMPARATIVES fioR THE STATEMENT OF FINANCIAL ACTIVITIES Utirestticted fLinds Restricted funds Total fiinds INCOME AND ENDOWMENTS FROM Donations and legacies 60,694 114,919 175,613 Cliaritablt Xetivities Sales of meals Sales of snacks TraftgPOI't Pei'sojial cal'e Cards. iyool and miscellat)eous Demeiitia support 84,525 8,420 2,778 5,016 3,190 84,525 8,420 2,778 5,016 3,190 98,794 98.79gi Otllei. ti'adiiig aciivities Inve5tiiieiit incoii)e 3,868 2,259 3,868 2,259 Total 17J,750 213.713 384,463 EITENDITURE or4 ChRritablt activitie5 Sales of in¢a15 Sales ol'sna¢ks TrAnsport Pej'sonal care Card5, wool miscellaneoiis Hoiis¢hold suppoi'l Deii)entia siipporl 164,033 13,595 5,519 5,562 3,882 16,535 6,253 180,568 19,848 5,519 5,562 4,743 48,726 77,3(14 861 418,726 77,304 Othei. 2,016 2,016 Page 11 coi1tinu...
AGE CONCERN DOVER LIMITED NOTES TO THE FJNANCIAL ST ATEMENTS- conlinued FOR THE YEAR F.NDCI D 31 MARCH 2024 il. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTtvrrEES- coiitiniied u.¢StrIcted Resti'icted fiinds fiinds To1al fiEnd5 Tot#1 194,607 149,679 344,286 Net bJainsl(losse5) on iiivestEnenis (2,181) (2,181) NET INCOMEI{EXPENDITURE) Transfers betiveell fujids 126.038) 3,202 64.034 (3,202} 37.996 Net movenient IR fuiids (22,836) 60,832 37,996 RECONC.ILIATION OF FUNDS To(al fiinds bi'ouglit lorward 339,218 18.064 357,282 TOT AL FUNDS CARRIED FORWARD 316,382 78,896 395,278 12. TANGIBLE FJXEID ASSETS Furniture and fixtures Freehold propeily Motor vehicles Computer eouipi)ient Totals COST At l Api'il 2023 Additions Disposals 161,358 47,375 26,022 (4,770) 8,500 13,358 350 230,591 26,372 (4,770} At 31 March 2024 161,358 68,627 8,500 13,708 252,193 DEIPRECL4TION At l Api'il 2023 Charge foi. year Eliminated on disposal 17,853 3,227 35,097 5,352 (1,431} 2,125 1,594 11,846 934 66,921 11,107 (1,431} At 31 Maich 2024 21,080 39.018 3,719 12,780 76,597 NET BOOK VALUE At 31 Mai'cli 2024 140,278 29,609 4,781 928 175,596 At 31 Maroh 2023 143,505 12.278 6,375 1,512 163,670 Page 12 cotttiniied...
AGE CONCERN DOVER LIMITED NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YBAR E4 NDED 31 MARCH 2024 13. FIXED ASSET IiYVESTMENTS Shar¢s in groLIP undertakings Listed investments Totals MARI<ET VALUE At l April 2023 55,448 S,019 55,450 5,019 Revaliiations Al 31 March 2024 60,467 60,469 NET BOOK VALUE At 31 Marcli 2024 60,467 60,469 At 31 Maith 2023 55,448 55,450 There wei'e inveshnent assets outside the UK. The company's investmenls at the balance sheet date in the 5hJir capital of coinpanies include tlie followiiw.. Dovei. Age Coneerii Liinited (02868332) Regi%tcied office.. Riverside Cenlie. Maison Dieu Gardens, Dovei., Kent, CT16 IRL. Nattiir of busin¢gs.' Reiail sale of second liand go(Kis Class of 5hare-. Oiylinaiy liolding 100 31.3.24 31.3.23 Aggre&Fale capital and I'eseiV¢S 14. STOCICS 2024 2023 Stocks 2,200 2,200 15. DEBTORS.. AMOiINTS FALLING DUE WITHIN ONE YEAR 2024 2023 TL7de debtors Otlier debtoi's Prepaynieiils and a¢cwed sncoine 2,469 2,480 4,137 652 7,761 2.868 9,086 11,281 Page 13 continiied..
AGE CONCERN DOVER Lif+AITED NOTES TO THE FINANCIAL STATEMENTS- CORtiniied FOR THE YEAR ENDED 31 MARCH 2024 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Tr#d¢ creditoi's Social secui'ity aiid oth¢i' taxes Ollier cieditoi's Acciiials and deferred income 3,585 3,423 11,730 13,500 4,793 2,751 3,640 32,238 11,186 17. AIYALYSIS OF NET ASSETS BEI TWEEN FUNDS 2024 Total funds 2023 Total Funds Utlltsb'icled fiinds Restrict¢d fiinds Fixed a55els Inveslmeiits Cun'ent assets Current liabilities 175,596 60,469 152,204 (20,508) R75,596 60.469 197,002 {32,238) 163,670 55,450 187,344 (11,186) 44,798 {11,730) 367,761 33,068 400,829 395,278 18. MOVEMENT FUNDS Net TThnsf¢rs between fuiids moveinent in ftinds At 31.3.24 A( 1.4.23 Unrestricted funds Genei'al flind 316,382 36,312 15,067 367,761 Restricted funds Sundi'j, Giatits bund Volunt¢er Fund Hoiisehold Siipport Fiiiid Demenlia Support 6,375 9,594 43,137 19,790 8,692 (6,784) (12,879) (19,790) (15,067) 2,810 30,258 78,896 (30,761) (15,067) 33.068 TOTAL FUNDS 395,278 5.551 400,829 PagTre 14 coi)tinued...
AGE CONCERN DOVIR LIMIT£D NOTES TO THE FINANCIAL STATEMENTS- eontiiTrueil FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS- eonlimued Net movement in nds, included in the above al'e as follows= In¢omiiig iesoui'¢¢5 Resow'ees expended Gains and lo%ses Moveinent in fund5 Unreslricted ftiiid5 Gen[ ftind 216,234 (184,941} 5,019 36,312 Restricted fiinds Gi'ants rUnd Volunteer Fund Household Support Fund Demeiitia Sttpport Eld¢rl}' and Isolated Diabetes Peer Suppoi't I 1,099 (2,407) (6,784) {61,449) (103.425} (10,000) (2,200) 8,692 (6,784) (12,879) (19,790) 48,570 83,635 10,000 2,200 155,504 1186,265) {30,761) TOTAL FUNDS 371,738 (371,206) 5,019 5,551 Comparatives for inovenient iii fiinds Net Inoveinent in fiAnds Tiansfers beliv¢eJi ftind5 At 31.3.23 At 1.4.22 Uiiiyslricted fuRds Oeneral fund Minibus fund 336,401 2.817 (31,721) 5,683 I.702 {8,500} 316,382 339,218 (26,03S) 3,202 316,382 Re5ti'i¢t¢(l Covid 19 Supporl Fund Siindry Gyants Fwid Voliinteer Fiind Household Siippoi't Fund Deinentia Suppoi't 321 (800) 5,178 13,365 {321) 7,175 4,gt16 31,274 21,490 6,375 9,594 43,137 19,790 (1,502) (1,7001 18.064 64,034 (3,202} 78,896 TOTAL FUNDS 357,282 37,996 395,278 Page 15 conlinued...
AGE CONCEI RN DOVER LIMITED r4(yfES TO THE FINANCIAL STATEMENTS- eontinueil FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IIY FUNDS- eontillued ComporatiY¢ net movement in fiinds, included in the abgve ave as follow5.. Resources expended InGomiE)g resouires Gains and losses Movement in funds Unrestricted funds General fi]nd Minibus fiind 164,305 6,445 (193,84S) (762} (2.181) (31,721) 5,683 170,750 (194,607) (2,181) (26,038) Re5tr5eted fiinds Covid 19 Siipport Fund Sundry Gi'ants Fund Volunteer Fund Houseliold Siippoit Fund Demeiitia Support Elderly and Isolttied (321} (8,119) 15,959) (48,726) (77,304) (9,250) {32l) 7,175 4.416 31,274 21,490 15,294 10,375 80,000 98,794 9,250 213,713 (149,679) 64,034 T(yfAL FUNDS 384,463 (344,286) (2,181) 37,996 The Hoiiseliold Suppoit Flind represents gi.ants i'eceived from Dover District Council to 5ppOrt familie5 and over 50's in food aiid l or fuel povert)i over the iviniei. hiontlis. The Volunleei. Fund repi'csents grants i'eceivecl fKoin Abje UK Hythe & Lyminge foi. Yolunteer r¢lat¢d expenses. The Sundry Gi'ants Fund Yepvesents the follo%ving gryant9 1'e¢¢ived in the year.. £9,999 N&ti(Inal Latlery foi. iefurbislin)ent of the kitclien. £1,000 Sooial Enteiyi'ise Kcnt for a con]munit)' Chrislmas celebiation. £i(N) Dover Town Council for a King%'s Coi'onation party. The Eldei'ly and Isolated Fund i'epi'esents y'ants i"eceived froin the Keiit Coinn)iiiiity Foiindation to as5l5t iviil) the I'UTlliing of the lack bar and meal delivei'y sei'vic¢. The Denieniic1 Suijport fiind represents fundiiig re¢¢ived to deliver KC'CICCG Post Dialost1¢ Dementia Services. The Diabe1¢5 Peer Siipport Fund repi'esenlg fisndin¥F received to deliver a diabetes peer to peei. support bvoup servic¢. TraiJ5fers beiiveeii fiiiids Tlie transfeL' i'epre5eE)ts tl)e purcl)ase of fixed assets ivhÉch satisfies the restrictions placed on the grants ieceived. Pttge 16 con(iniied..
AGE CONCERN DOVER LIMITED NOTF.8 TO TFtF. FtNANCIAL STATEI MENTS- conliniied FOR THE Yfi.AR fi.NDF.D 31 MARCH 2024 19. RELATED PARTY DISCLOSURES The knticles of Association of the charitable company's subsidiai'y, Dover Age Concei'n Liiniled. Irquiie it to gift all of its profits to the charitable compaiiy. The amount receivable dlli'ing the year amounted to £52,480 (2023 £42,761). At tlie balance she¢t date the sum of£2,480 {2023 - £7.761) was owed lo tlie charitable company. Pakie 17
AGE CONCERN DOVER LIMITED DETAILED STA TEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Donatio$ and legacies DvIiatioiis - gieneral DoIiatioll froin Doyei Age Concern Limited Graiits 12,081 52,480 94,669 42,761 117.819 159,230 175,613 Otlier trAding activities Fundraising events Hall hiie 3.784 3,274 2,333 1,535 7,058 3,868 Ini'estmeiit Income Dividends rCIV&bIt Deposlt accoiint interest 1,612 1,870 1,612 647 3,482 2,259 Ch&i'itable #etivilie5 Income froni cliaritable activities 201,968 202,723 Total illcomiiig resoiirces 371,738 384,463 EXPENDITURE CharilAble activities Wages Soctal seciirity Pensiot]s MÈnibus expenses Travel expenses Purchases ¢ind ¢onsuinables Bad (lebts 116,710 6,990 1,239 1,606 6,645 64,038 45 107,432 5,346 1.045 1,308 9,336 54,239 197,273 178,706 Sitppoi't costs Otli¢i- Wttges Social Sec'lty Pellsions HiLe of plant and inachinery Rent and Tates Insui'ance Light ftnd heat Cai'i'ied furwai'd 91,689 3.181 1,809 511 2,065 2,771 11,902 113,928 91,116 2.107 1,638 513 3,296 8,032 107,379 This page does not foriii parl of the statutory fiiiancial statements Pa¥)e 18
AGE CONCERN DOVEI R LIMITE4 D DET AILED STATEMENT or FINAP4CIAL ACTIVITIES FOR THE YEI AR ENDED 3J MARCH 2024 2024 2023 other Brought foiivard Teltphone Postage and stationery Sundi'y expenses Repclil's and nltenace clning Tiavel expenses Adveitisiiib Professional fees Ti'aii)itkg Subscriptions Website and coinputei. costs Bank charujes Depi'eciatio Loss on sale of tangible fixed assets 113,928 3,226 1,857 4,640 11,892 7,372 1,255 428 3,288 587 I,S03 5,341 1.483 11,107 2,600 107,379 3,259 2,893 3,391 16,610 6,073 1,240 637 2,905 1,177 2.582 4,510 1,481 9,427 170,507 163,564 GoveYiian£¢ costs Ii)depeEident ex£iminers fees 3,d26 2,016 Total resources expended 371,206 344,286 S32 40,177 N¢t Iiicome This does iiot foimi i)ait oFili¢ statutory fina51¢ial staten)ents Page 19