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← Age UK Blackburn With Darwen

2025-03-31-accounts

REPORT OF THE TRUSTEES AND ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 Registered charity no 1143809 Registered company no 7728630 1 ll

AGE UK BLACKBURN WITH DARWEN

CONTENTS

CONTENTS CONTENTS
______________
Pages
Trustees’ Report 3 - 12
Independent Auditor’s Report 13 - 19
Statement of Financial Actvites 20
(including income and expenditure account)
Charity Balance Sheet 21
Statement of Cash Flows 22
Notes to the Financial Statements 23-43
Appendices 44 - 45

2

AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

______________ The Trustees, who are also Directors of the charity, present their report and financial statements for the year ended 31 March 2025.

The principal activity of Age UK Blackburn with Darwen is the promotion of the wellbeing of older people in any manner which is now or hereafter may be deemed charitable by law, in and around the Borough of Blackburn with Darwen.

The principal activity of Age UK Blackburn with Darwen Trading Ltd was the earning of commission from arranging insurance. The company is currently dormant.

2024/25 was again a busy and challenging year with our services supporting more older people who are experiencing increasing multiple challenges with physical and mental health and increasing numbers living with long term conditions including dementia, along with those struggling with the cost of living challenges. We have seen further increased demand for the Advice and Information service and all services are also supporting more people with complex issues, so whilst maintaining our core service offer we have also continued to develop new offers in response to what older people have told us they need with a particular focus on mental health and wellbeing support. We have also continued to explore how digital technology can support us to deliver services and make best use of our resources, whilst still retaining that all important face to face and person-centred approach we know so many older people need and appreciate.

We are working in ever increasing financially challenging times with income levels from all sources under significant pressure and increases in expenditure resulting from changing national policy and therefore beyond our control. We are grateful for the support from our funders, donors and supporters who continue to provide vital resources to enable us to support more local older people, and we also seek to continue to diversify and expand our income generation activities to support organisational sustainability, including through new charged for service offers.

FINANCIAL REVIEW

In the year to 31 March 2025 the charity reported a deficit of £49,837 from an income of £1,058,886. This was made up of a surplus of £14,656 on restricted funds and a deficit of £64,493 on unrestricted funds (income received or generated and available for general use). The deficit on unrestricted funds is made up of funds which have been used to support our unfunded core costs.

The appendices on pages 44 and 45 also show the charity’s income and expenditure for the 2024/2025 financial year together with the 2023/2024 comparative figures. Whilst these appendices do not form part of the accounts the Trustees feel that the inclusion of this information provides readers with a clearer financial picture.

47% of the organisation’s annual income came from contract income through service contracts with Blackburn with Darwen Borough Council, the NHS and national Age UK through the Warm Homes programme. This is a decrease of 6% on the previous year.

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AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

34% of the organisation’s annual income came from grants from a variety of sources, which is an increase of 7% on the previous year.

19% of our annual income came from a combination of income from services, fundraising activities including charity shop sales, donations and legacies, investment income and other sundry income, which is a small 1% decrease on the previous year. During the financial year the organisation received a total of £59,860 from donations and legacies. This income was made up of unrestricted donations amounting to £38,364 and £21,496 in restricted donations of which £20,717 represented the value of donated facilities and equipment. Income from investments fluctuated during the year due to wider economic influences however remains steady. Income from these sources supported the provision of the charity’s essential core functions.

Overall expenditure decreased compared to 2023/24. Expenditure on wages and salaries was reduced due to a reduction in headcount and expenditure across printing and stationery, postage, and service supplies all decreased due to changes in specific project delivery. Telephone costs reduced as a result of changing provider. The increase in fees to voluntary organisations relates to delivery of a pilot Falls Prevention project with payments made to partners for their contributions to the programme.

Investment Policy

The charity’s investment policy supports a mixed investment portfolio in order to maximise the organisation’s assets, which includes investments in short or medium term low risk, easily redeemable investments in the form of bank deposits and investment of some funds into longer term, higher yielding funds.

Reserves Policy

This sets out Age UK Blackburn with Darwen’s policy and process around setting and maintaining a financial reserve to support the charity to meet its objects.

Context and rationale

The funding environment for local charities is challenging and has been further exacerbated by increased costs resulting from national policy along with challenges to all income sources resulting from the wider economic circumstances resulting in significant uncertainty about income levels and reduced opportunities to manage costs. Challenges with the level of public sector funds and changes to commissioning models along with increased competition for grant funding mean external funding remains uncertain; and income levels from service and shop takings and fundraising activity are all under pressure from ongoing cost of living challenges and wider economic situation. As such, it is likely that some reserves will need to be utilised to ensure we can continue to meet the needs of older people locally during 2025/26 and the trustees have designated funds to support business continuity.

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AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

Policy

Based on this context and rationale the Trustees of Age UK Blackburn with Darwen have agreed the following Reserves Policy:

Any additional reserves may be utilised for:

This policy is reviewed annually alongside the organisation’s business planning, budget setting and risk assessment processes.

Reserves & Financial Position

Total reserves at 31[st] March 2025 amounted to £521,503 including restricted and designated funds. At that date the organisation held unrestricted, undesignated funds of £316,835 this figure includes fixed assets of £11,197

Designated funds at 31[st] March 2025 amounted to £168,264. These funds are designated for business continuity and development and to maintain essential core functions and services together with the upgrade of IT equipment and will potentially be spent over the next three years.

The balance on unrestricted, undesignated funds reflects the organisation’s Reserves Policy to maintain sufficient funds to either wind up properly or restructure and secure additional funding, whichever is the most appropriate course of action at the time. A significant proportion of the organisation’s current unrestricted assets are the result of selling a building and as such the Trustees are aware that once spent these assets will not be replenished. The Trustees reviewed the Reserves Policy in May 2025 and it was decided that no changes were needed.

Restricted funds at 31[st] March 2025 amounted £36,404. Details on the movement on restricted funds can be found in the notes to the accounts.

Based on the organisation’s level of cash reserves and activity being undertaken to secure income from grants and contracts along with the additional grant income already secured in 2025/26 we consider the organisation will remain a going concern for a period of at least 12 months from the signing of the financial statements.

Related Party Transactions

The charity holds 50% of the issued share capital of Age UK Greater Lancashire CIC, a company registered in England and Wales. Its principal activity is the delivery of contracts and services

5

AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

______________ across the whole of the county of Lancashire. The charity did not receive any income in 2024/25 as there was no delivery activity in the period (2024: nil)

There were donations, including gift aid, made by Trustees of £100 (2024: £129)

During the reporting period, the Care Network (Blackburn with Darwen) Ltd received funding amounting to £25,460 from Age UK Blackburn with Darwen in support of the Darwen Falls project. Vicky Shepherd, the Chief Executive of Age UK Blackburn with Darwen also serves as a trustee Care Network (Blackburn with Darwen) Ltd.

Plans for Future Periods

The Trustees are extremely conscious that we continue to operate in uncertain and challenging times, and that the organisation is starting the 2025/26 financial year with a deficit budget. However, the organisation has a full business plan in place which it intends to deliver against. This includes plans to reduce this deficit.

The organisation’s key priorities within this plan for the coming year are:

6

AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

Where our income came from: Total Income: £1,058,886

----- Start of picture text -----
Charitable Activities 84.74% Donations & Legacies 5.65% Trading Activities 8.19%
Investments 0.58% Other 0.84%
----- End of picture text -----

How we spent our income: Total Expenditure: £1,108,723

----- Start of picture text -----
Supporting Indepentent Living 72.95% Advice, Information and Advocacy 18.23%
Raising Funds 8.82%
----- End of picture text -----

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AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

Our Approach to Fundraising

The charity has a fundraising strategy framework in place which has been agreed by the Board of Trustees. This framework applies to all fundraising activities that the charity undertakes and any relationships/partnerships that the charity works with and who fundraise for us. Fundraising covers all of the income generation activities undertaken by the charity including individual donations but excluding non-charitable trading, shops, contracts for services and service income. Fundraising activity includes receiving donations from trusts, companies, educational establishments and individuals and a range of community fundraising such as store collections, street collections, raffles, sponsored events and other events. We do not currently fundraise by telephone, by cold mailing or by signing people up as donors on the street.

In line with Charity Commission guidance we have the following practices in place:

Planning - the charity prepares an annual fundraising income plan and organisational risk register for sign off by the Board of Trustees. The Income Plan includes the activities to be undertaken in that year, expected costs and projected income and the risk register includes any potential income, reputational or other risks in relation to fundraising activities along with mitigating controls. Both are monitored by management and trustees on at least a bi-annual basis.

Delivery - all fundraisers receive an appropriate induction which will include role specific guidance on the Fundraising Regulator’s code of practice in fundraising, and the Institute of Fundraising Guidance. All volunteer fundraisers are supported by a member of paid staff. In addition, to ensure we protect vulnerable people we have a range of other policies in place including Safeguarding of Vulnerable Adults policy and procedures, vulnerable donors guidance and financial procedures which all fundraisers receive and must adhere to. The requirements and expectations of all donors will be respected including those who wish to remain anonymous and those who wish to restrict their donation to a particular project or service. All data collected in relation to fundraising activities and donors will be processed in line with current data protection legislation and our Privacy Notices.

Finance - comprehensive financial information and reports are kept of all fundraising activities and presented to trustees at least quarterly. Restricted donations are used for the purpose specified and identified in the accounts, in line with SORP requirements. All events are fully costed and risked assessed by the charity senior management team prior to agreement to go ahead and implementation.

Corporate Partners – the charity does not use professional fundraisers or commercial participator arrangements. It does however, from time to time enter into partnerships with businesses who will fundraise for us, for example ‘Charity of the Year’ partnerships. Prior to entering into any such arrangements the charity will assess the relationship through a due diligence risk checklist which will assess reputational risk, expected value, benefits and

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AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

______________ financial integrity. Decisions about proceeding with higher scoring partners will be made by trustees.

Regulation - the charity is registered with the Fundraising Regulator and its operations, staff and volunteers are bound by the code of fundraising practice and other regulations. In addition, all national and local licensing/permission procedures are obtained prior to any fundraising activity taking place.

During 2024/25 we received no complaints with regard to fundraising activity.

Public Benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on Public Benefit when reviewing the charity’s aims and objectives and in planning its future activities, which is an annual process.

Governance and Internal Control

The Board of Directors of Age UK Blackburn with Darwen (who are also Trustees of the charity) is the body responsible for the governance of the organisation. The organisation is governed by Articles of Association and also follows the Charity Governance Code to ensure that it is meeting best practice. The Board is made up of at least five members. The Chief Executive acts as Secretary to the organisation. The list of Directors/Trustees can be found on page 8 of this report.

Elections for Board members take place at the Annual General Meeting at least once every three years. All Board members are eligible for re-election. Nominations to the Board of Trustees maybe made by the Board itself or the organisation may also seek to recruit Trustees by word of mouth or through advertisements.

The Board meets not less than six times per year and receives reports at each meeting from the Chief Executive and Finance Manager, along with a schedule of reports from all areas of the organisation presented by the relevant manager. The senior management team can advise and make recommendations but cannot to vote on decisions of the Board.

All new Trustees receive an induction which is tailored to the specific needs of the individual and includes a copy of the organisation’s Business Plan, a full set of organisational Policies and Procedures and any relevant past Board papers. Relevant on-going training, including safeguarding training, is available to all Trustees.

Trustees Responsibilities

The Trustees have overall responsibility for ensuring that the charity has appropriate systems of internal controls in place across the organisation. The systems of internal control are designed to provide reasonable, but not absolute, assurance against material misstatement or loss. Internal control processes include:

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AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

Risk Management

The Trustees have responsibility for a managed approach to risk management and have a Risk Management Policy in place. The organisation’s risk register is based on Charity Commission guidance, considering likelihood of occurrence, potential impact and the controls in place to mitigate risk, together with the need for further action where necessary. The current risk register reflects that the primary risks facing the organisation which need to be managed are financial; staff retention and the loss of key personnel; recruitment of both paid and voluntary personnel; the changing commissioning landscape; and increased demand for services both in volume and complexity. In terms of financial risk the current primary risks are associated with increases in employment costs, the re-tendering of the health and wellbeing contract and uncertainty around other income sources including grants, service income, donations and fundraising. In the longer term the organisation is operating in an environment where local contract levels and opportunities are reducing and the need to diversify income sources is paramount, and a key part of organisational strategy. A funding action plan is in place and this, along with the regular Quality & Risk planning meetings, form part of the approach to risk management. The risk register is reviewed by management at least quarterly and by the trustees at least every six months or in response to a significant change or event.

Key Management Personnel

Key personnel are those responsible for making key strategic decisions or influencing those decisions. The Directors consider that the Board of Directors, who are also the charity’s Trustees, and the Chief Executive comprise the key management personnel of the charity. All directors give of their time freely and no director received remuneration in the year.

The pay of the key management personnel is reviewed annually by the Board prior to agreeing the new year budget and taking into account the local context and organisation’s strategy and business plan. In 2024/25 the total employee benefits of the key management personnel were £55,623 (2024: £55,623) along with employer pension contributions £4,625 (2024: £4,625).

Officers and Directors/Trustees of Age UK Blackburn with Darwen 2024/25 Officers and Directors/Trustees of Age UK Blackburn with Darwen 2024/25
Chairman Anthony Hedley
Vice Chairman Faith Marriott (Resigned 13th November 2024)
Honorary Financial Advisor Vacant
Trustees Sophie Bell-Gray
Fran Breckell
Helen Daley

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AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

______________ Yvonne Hulse Faizal Patel Christopher Porter Senior Management Team Chief Executive: Vicky Shepherd Head of Business Development: Elaine Jennings Head of Prevention & Wellbeing: Sharon Lucas Finance Manager: Tina Wilson

Auditors

A proposal regarding the appointment of auditors of the charity will be considered at the annual general meeting.

Trustees Annual Review

The directors’ report and financial statements for the year ended 31 March 2025 are to be read along with the organisation’s Annual Review and Impact Report which has been prepared in a separate document and presents a detailed review of activities undertaken in the year, along with other information.

Statement of Directors’ Responsibilities

The Trustees (who are also directors of Age UK Blackburn with Darwen for the purpose of company law) are responsible for preparing the Report of the Trustees and the financial statements 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 for each financial year which give a true and fair view of the state of affairs of the Charity and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing those financial statements, the Trustees are required to;

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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AGE UK BLACKBURN WITH DARWEN

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

______________ The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of the financial statements may differ from the legislation in other jurisdictions.

Statement of disclosure to auditors

So far as the directors are aware, there is no relevant audit information of which the company’s auditors are unaware. Additionally, the directors have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditors are aware of that information.

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the Board

Anthony Hedley Trustee

3rd September 2025

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AGE UK BLACKBURN WITH DARWEN

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF AGE UK BLACKBURN WITH DARWEN FOR THE YEAR ENDED 31 MARCH 2025

Opinion

We have audited the financial statements of Age UK Blackburn with Darwen (the ‘charitable company’) for the year ended 31st March 2025 which comprise the Statement of Financial Activities (including the Income and Expenditure Account), the Balance Sheet, Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

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AGE UK BLACKBURN WITH DARWEN

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF AGE UK BLACKBURN WITH DARWEN FOR THE YEAR ENDED 31 MARCH 2025

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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AGE UK BLACKBURN WITH DARWEN

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF AGE UK BLACKBURN WITH DARWEN FOR THE YEAR ENDED 31 MARCH 2025

Opinions on other matters prescribed by the Companies Act 2006

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained during the audit, we have not identified material misstatements in the trustees’ report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

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AGE UK BLACKBURN WITH DARWEN

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF AGE UK BLACKBURN WITH DARWEN FOR THE YEAR ENDED 31 MARCH 2025

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on pages 10-11, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures can detect irregularities, including fraud is detailed below.

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AGE UK BLACKBURN WITH DARWEN

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF AGE UK BLACKBURN WITH DARWEN FOR THE YEAR ENDED 31 MARCH 2025

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud

The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the charitable company.

17

AGE UK BLACKBURN WITH DARWEN

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF AGE UK BLACKBURN WITH DARWEN FOR THE YEAR ENDED 31 MARCH 2025

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud (continued)

As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional skepticism throughout the audit. We also:

18

AGE UK BLACKBURN WITH DARWEN INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS AND TRUSTEES OF AGE UK BLACKBURN WITH DARWEN FOR THE YEAR ENDED 31 MARCH 2025 Use of our report This report is made solely to the charitable company's members, as 3 body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Nicholas Smith {Senior Statutory Auditor) For and on behalf of Rotherham Taylor Limited, Statutory Auditor Chartered Accountants 21 Navigation Business Village Navigation Way Ashton-on-Ribble Preston PR2 2YP 30th September 2025 19

AGE UK BLACKBURN WITH DARWEN

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING THE INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOME FROM:
Donations & legacies
2
Other trading activities
Shop income
Fundraising activities
Income from investments
Charitable activities
Supporting Independent Living
3
Advice, Information & Advocacy
4
Other income
Other income
Total income
EXPENDITURE ON:
Raising funds
7
Shop operating costs
Fundraising
Charitable activities
6
Supporting Independent Living
Advice, Information & Advocacy
Influencing Policy & Practice
Total expenditure
Net expenditure
9a
Transfers between funds
16,17
Net movement in funds
Reconciliation of funds
Total funds brought forward
16,17
Total funds carried forward
16,17		 Unrestricted
Funds
£
38,364
73,070
13,631
6,125
596,471
44,020
8,856
780,537
84,505
13,333
674,120
73,072
-
845,030
(64,493)
-
(64,493)
549,592
485,099		 Restricted
Funds
£
21,496
-
-
-
143,961
112,892
-
278,349
-
-
134,654
129,039
-
263,693
14,656
-
14,656
21,748
36,404		 2025
Total
£
59,860
73,070
13,631
6,125
740,432
156,912
8,856
1,058,886
84,505
13,333
808,774
202,111
-
1,108,723
(49,837)
-
(49,837)
571,340
521,503		 2024
Total
£
36,742
71,517
12,168
23,639
735,001
171,446
14,543
1,065,056
92,410
12,628
828,901
203,639
-
1,137,578
(71,612)
-
(71,612)
642,952
571,340

All incoming resources and resources expended derive from continuing activities The notes on pages 21 to 41 form part of these accounts

20

AGE UK BLACKBURN WITH DARWEN

BALANCE SHEET AS AT 31 MARCH 2025

Note Charity Charity
2025 2024
£ £
Fixed Assets
Tangible fixed assets 10 11,197 13,399
Investments 11 8 8
11,205 13,407
Current Assets
Stocks 12 772 684
Debtors 13 105,582 108,962
Cash at bank and in hand 489,737 618,384
596,091 728,030
Creditors
Amounts falling due within one year 14 (85,793) (170,097)
Net Current Assets 510,298 557,933
Net Assets 521,503 571,340
Capital and Reserves
Unrestricted funds
- General funds 16 316,835 385,019
- Designated funds 16 168,264 164,573
485,099 549,592
Restricted funds 17 36,404 21,748
521,503 571,340

Approved by the trustees on 3rd September 2025 and signed on their behalf by: __Mie

A Hedley Chairman Company Number 7728630

The notes on pages 21 to 41 form part of these accounts

21

AGE UK BLACKBURN WITH DARWEN

STATEMENT OF CASH FLOWS AS AT 31 MARCH 2025

Note
Cash flows from operating activities:
Net cash used by operating activities
24
Cash flows from investing activities:
Interest income
Purchase of tangible fixed assets
Net cash provided by investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
Cash and cash equivalents at the end of the
reporting period
25		 Charity
Charity
2025
2024
£
£
(128,483)
(79,664)
6,125
23,639
12,500
16,194
18,625
39,833
(128,647)
(72,219)
618,384
690,603
489,737
618,384

The notes on pages 21 to 41 form part of these accounts

22

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

1 Principal accounting policies

Basis of accounting

These financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2019) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The financial statements are prepared in sterling which is the functional currency of the entity. Age UK Blackburn with Darwen meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

Basis of Consolidation

The Charity has one dormant subsidiary which is not material, see note 11 of the accounts. Therefore, these accounts are not consolidated accounts and comprise the accounts of the parent charitable company only.

Investments in Joint Ventures

Investments in joint ventures are included at cost.

Investments

Fixed asset investments are stated at cost less any provision for impairment.

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable the income will be received and the amount can be measured reliably.

Gifts in kind and intangible income

Equipment and other items are included in the financial statements at estimated market value of the item donated at the time of receipt. Rent-free accommodation and Non-Domestic Rate Relief on properties used by Age UK Blackburn with Darwen have been included in the financial statements at the estimated market value of the services donated. Items donated for resale are included in shop income when sold and no value is placed on stock at the year end. The value of services from volunteers has not been included in the financial statements.

Grants

Income from government and other grants, whether 'capital' grants or 'reserve' grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and not deferred.

23

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

1 Principal accounting policies (continued)

Donations and legacies, and other forms of voluntary income

Donations and legacies and other forms of voluntary income are recognised in full in the Statements of Financial Activities when the receipt of income is considered probable and the amount receivable can be measured with sufficient reliability.

Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

Costs of raising funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.

Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs than can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

All costs are allocated between the expenditure categories of the Statements of Financial Activities on a basis designed to reflect the use of the resource. Support costs are apportioned on an appropriate basis e.g. time spent, floor areas, or estimated usage.

Staff costs are allocated to activities on the basis of staff time spent on those activities

Restricted Funds

Restricted funds are to be used for specified purposes as laid down by the donor or funder. Expenditure which meets these criteria is identified to the fund, together with a fair allocation of support costs.

Unrestricted funds

Unrestricted funds represent income received or generated for the objects of the Charity without further specified purpose and are available as general funds.

Designated funds

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Depreciation

Fixed assets (excluding investments) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £1,000 are not capitalised. Depreciation of fixed assets is charged by annual instalments commencing with the year of acquisition at rates estimated to write off their cost less any residual value over the expected useful lives, which are as follows:

Leasehold Improvements 10.62% - 25% Straight-line method over period of lease
Equipment 15% - 25% Straight-line method
Computers 33.3% Straight-line method
Motor vehicles 25% Reducing balance method

Stocks

Stocks are valued at the lower of cost and net realisable value. Donated items of stock have not been included in the stock balance as, after careful consideration the Trustees' view is that the cost of obtaining this information is impractical and exceeds the benefits it will provide.

24

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

1 Principal accounting policies (continued)

Resources expended

Operating leases

Leases in which the entity assumes substantially all the risks and rewards of ownership of the leased asset are classified as finance leases. All other leases are classified as operating leases.

Rentals paid under operating leases are charged to income as incurred.

Pensions

The Charity operates a defined contribution pension scheme and makes contributions under auto-enrolment requirements. Contributions payable for the year are charged in the Statements of Financial Activities.

Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation

The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable activities.

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the

amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors,

including expectations of future events that are believed to be reasonable under the circumstances.

In the opinion of the directors there are no critical accounting judgements and key sources of estimation and uncertainty that require further disclosure, which are not explained elsewhere in the accounting policies.

Legal status of the Charity

The Charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Materiality

The majority of figures in this document have been rounded to the nearest £1. This means that there may be very minor inconsistences between tables and notes, due to rounding adjustments.

25

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

2 Donations and legacies Unrestricted Restricted 2025
Funds Funds Total
£ £ £
Unrestricted Donations and legacies
for the general use of the Charity 38,364 - 38,364
Restricted donations -
- Supporting Independent Living - 779 779
- Advice, Information & Advocacy - - -
- Donated facilities and equipment -
including rate relief - 20,717 20,717
38,364 21,496 59,860
2024 COMPARATIVE
Donations and legacies Unrestricted Restricted 2024
Funds Funds Total
£ £ £
Unrestricted Donations and legacies
for the general use of the Charity 20,738 88 20,826
Restricted donations
- Supporting Independent Living - - -
- Advice, Information & Advocacy - - -
- Donated facilities and equipment
including rate relief - 15,916 15,916
20,738 16,004 36,742

26

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

3 Supporting Independent Living Unrestricted Restricted 2025
Funds Funds Total
£ £ £
Contracts and Service Level Agreements:
Blackburn with Darwen Borough Council 455,549 - 455,549
Lancashire & South Cumbria ICS Living
Longer Better - - -
Grants:
Age UK
- Brand Partner 7,500 - 7,500
'- UEC Insight Project - 1,500 1,500
- Walking Tennis - 9,612 9,612
-Winter Health - 990 990
Big Lottery Community Fund RC North West Region - 71,514 71,514
BwDBC Winter Wellbeing - - -
Delphi Medical Consultants Limited 17,500 - 17,500
Dept of Transport 302 - 302
Lancashire and South Cumbria ICB - VCFSE CMHT Grant Scheme - 26,818 26,818
Lancashire and South Cumbria ICB VCFSE Fall Prevention Grant 68,801 - 68,801
Lancashire Mind - 7,353 7,353
Masonic Charitable Trust - 8,020 8,020
National lottery Community RC North West Region Stepping Out - 18,154 18,154
Regenerate and Inclusion North 995 - 995
Sky Cares Community Grant 2,500 - 2,500
Service Income 43,324 - 43,324

27

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

596,471
2024 COMPARATIVE
Supporting Independent Living
Unrestricted
Funds
£
Contracts and Service Level Agreements:
Blackburn with Darwen Borough Council
520,020
Lancashire & South Cumbria ICS Living Longer Better
10,000
Grants:
Age UK
- Brand Partner
10,000
- Winter Health
-
- MCST
-
- Friends & Family
750
Big Lottery Community Fund RC North West
Region
-
BwDBC Mental Wellbeing
8,000
BwD BC Targeted Physical Activity
8,740
BwDBC Winter Pressure
7,044
BwDBC Winter Wellbeing
9,520
Dept of Transport
1,106
North Primary Care Network
1,540
Sky Cares Community Grant
2,500
Lancs & South Cumbria ICB - VCFSE CMHT Grant Scheme
16,571
Lancashire Mind
-
Service Income
47,707
643,498		 596,471
2024 COMPARATIVE
Supporting Independent Living
Unrestricted
Funds
£
Contracts and Service Level Agreements:
Blackburn with Darwen Borough Council
520,020
Lancashire & South Cumbria ICS Living Longer Better
10,000
Grants:
Age UK
- Brand Partner
10,000
- Winter Health
-
- MCST
-
- Friends & Family
750
Big Lottery Community Fund RC North West
Region
-
BwDBC Mental Wellbeing
8,000
BwD BC Targeted Physical Activity
8,740
BwDBC Winter Pressure
7,044
BwDBC Winter Wellbeing
9,520
Dept of Transport
1,106
North Primary Care Network
1,540
Sky Cares Community Grant
2,500
Lancs & South Cumbria ICB - VCFSE CMHT Grant Scheme
16,571
Lancashire Mind
-
Service Income
47,707
643,498		 143,961
740,432
Restricted
2024
Funds
Total
£
£
-
520,020
-
10,000
-
10,000
900
900
13,212
13,212
-
750
72,478
72,478
-
8,000
-
8,740
-
7,044
-
9,520
-
1,106
-
1,540
-
2,500
-
16,571
5,823
5,823
-
47,707		 143,961
740,432
Restricted
2024
Funds
Total
£
£
-
520,020
-
10,000
-
10,000
900
900
13,212
13,212
-
750
72,478
72,478
-
8,000
-
8,740
-
7,044
-
9,520
-
1,106
-
1,540
-
2,500
-
16,571
5,823
5,823
-
47,707
2024
Total
£
520,020
10,000
10,000
900
13,212
750
72,478
8,000
8,740
7,044
9,520
1,106
1,540
2,500
16,571
5,823
47,707
643,498 92,413 735,911

28

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

4

Advice, Information & Advocacy
Contracts and Service Level Agreements:
- AgeUK Warm Homes Programme - EON and British Gas
Grants:
Age UK
Brian Mercer Charitable Trust
BwDBC Finance & Welfare
BwDBC Household Support Scheme
BwDBC Pension Credit Campaign
The Eric Wright Charitable Trust
The Henry Smith Charity
Service Income
2024 COMPARATIVE
Advice, Information & Advocacy
Contracts and Service Level Agreements:
- AgeUK Warm Homes Programme - EON
Grants:
Age UK
- Building Better Lives
- Cost of Living
The Henry Smith Charity
Brian Mercer Charitable Trust
The Eric Wright Charitable Trust
Jubilee Tower Credit Union
Service Income		 Unrestricted
Funds
-
-
18,000
19,920
5,000
-
-
1,100
44,020
Unrestricted
Funds
£
-
-
-
-
-
-
8,640
1,100		 Restricted
Funds
£
40,718
-
-
10,000
-
-
-
30,000
32,174
-
112,892
Restricted
Funds
£
38,035
5,571
40,000
43,100
10,000
25,000
-
-		 2025
Total
£
40,718
10,000
18,000
19,920
5,000
30,000
32,174
1,100
156,912
2024
Total
£
38,035
5,571
40,000
43,100
10,000
25,000
8,640
1,100
9,740 161,706 171,446

29

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

6 Expenditure on Charitable Activities

Direct Costs
Staff Costs
Premises Costs
Office Costs
Vehicle Costs
Service Supplies
Professional Fees
Bank Charges
Depreciation
Loss on disposal of tangible fixed assets
Support Costs (basis for allocation)
Staff Costs (time)
Premises (space)
Office (usage)
Professional Fees (usage)
Bank Charges (usage)
Governance costs
Total Support Costs
Total Costs		 Supporting
Independent
Living
£
485,934
13,240
20,462
20,885
50,731
2,878
843
3,841
4,735
603,549
107,629
43,153
22,493
6,594
642
24,714
205,225
808,774		 Advice
Information
& Advocacy
£
129,757
5,045
1,068
-
2,215
1,298
-
458
-
139,841
41,295
6,122
845
1,831
146
12,031
62,270
202,111		 2025
Total
£
615,691
18,285
21,530
20,885
52,946
4,176
843
4,299
4,735
743,390
148,924
49,275
23,338
8,425
788
36,745
267,495
1,010,885

30

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

2024 COMPARATIVE

Expenditure on Charitable Activities

Direct Costs
Staff Costs
Premises Costs
Office Costs
Vehicle Costs
Service Supplies
Professional Fees
Bank Charges
Depreciation
Loss on disposal of tangible fixed assets
Support Costs (basis for allocation)
Staff Costs (time)
Premises (space)
Office (usage)
Professional Fees (usage)
Bank Charges (usage)
Governance costs
Total Support Costs
Total Costs		 Supporting
Independent
Living
£
508,414
18,095
20,317
21,665
26,946
5,733
737
7,051
755
609,716.00
120,189
42,292
24,898
6,594
851
24,361
219,185.00
828,901.00		 Advice
Information
& Advocacy
£
130,205
5,083
1,171
-
1,275
1,377
-
-
-
139,111.00
43,396
6,143
966
1,831
193
11,999
64,528.00
203,639.00		 2024
Total
£
638,619
23,178
21,488
21,665
28,224
7,110
737
7,051
755
748,827.00
163,585
48,435
25,864
8,425
1,044
36,360
283,713.00
1,032,540.00

31

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

7 Expenditure on Raising Funds

Direct Costs
Staff Costs
Premises Costs
Office Costs
Service Supplies
Professional Fees
Bank charges
Support Costs (basis for allocation)
Staff Costs (time)
Premises (space)
Office (usage)
Service Supplies
Professional Fees (usage)
Bank charges (usage)
Total Support Costs
Total Costs
Total Costs		 Shop
Operating
Costs
£
47,073
22,009
828
379
804
684
71,777
7,452
2,069
2,645
-
463
99
12,728
84,505		 Fundraising
£
10,670
325
96
1,394
163
18
12,666
13
235
342
-
60
17
667
13,333		 2025
Total
£
57,743
22,334
924
1,773
967
702
84,443
7,465
2,304
2,987
-
523
116
13,395
97,838
1,108,723

32

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2024 COMPARATIVE

Expenditure on Raising Funds

Direct Costs
Staff Costs
Premises Costs
Office Costs
Vehicle Costs
Service Supplies
Professional Fees
Bank charges
Support Costs (basis for allocation)
Staff Costs (time)
Premises (space)
Office (usage)
Service Supplies
Professional Fees (usage)
Bank charges (usage)
Depreciation
Total Support Costs
Total Costs		 Shop
Operating
Costs
£
51,783
22,975
1,178
1,582
728
965
79,211
7,778
2,071
2,788
-
463
99
-
13,199
92,410		 Fundraising
£
10,689
-
-
1,073
99
73
11,934
12
240
370
-
60
12
-
694
12,628		 2024
Total
£
62,472
22,975
1,178
-
2,655
827
1,038
91,145
7,790
2,311
3,158
-
523
111
-
13,893
105,038

8 Support Costs

Some of the organisation's services operate

Support Staff Costs include the Chief

Governance costs, included within support

33

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

9a
Net expenditure for the year
This is stated after charging:
2025
£
Operating leases - Land & Buildings
6,520
Operating leases - Equipment
12,982
Depreciation
4,299		 2024
£
20,458
14,277
7,052

9b Auditors' remuneration Total resources expended includes Auditors' Audit services Charity 10 Tangible fixed assets

Audit services
Charity		 2025
£
8,400
8,400		 2024
£
8,400
8,400
Leasehold
Improvements
£
Cost
Balance at 1 April 2024
42,899
Additions
-
Disposals
-
Balance at 31 March 2025
42,899
Depreciation
Balance at 1 April 2024
42,899
Charge for the period
-
Eliminated on Disposal
Balance at 31 March 2025
42,899
Net book value
31 March 2025
-
31 March 2024
-		 Equipment
£
139,164
-
-
139,164
138,248
916
139,164
-
916		 Motor
Vehicles
£
16,194
12,500
(16,194)
12,500
3,711
3,383
(5,791)
1,303
11,197
12,483		 Total
£
198,257
12,500
(16,194)
194,563
184,858
4,299
(5,791)
-
183,366
11,197
13,399

34

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

11 Fixed Asset Investment
Fixed Asset Investment
Shares in AGE Uk Blackburn with Darwen
Trading Ltd - at cost
Cost and Net Book Value at 31 March 2025
Investment in Joint Venture - CIC - at cost		 2025
£
2
6
8		 2024
£
2
6
8
The Charity holds the whole of the issued
The aggregate of assets, liabilities and
reserves is:
Assets
Total reserves
The Charity hold 50% of the issued share
Stocks
Finished goods and goods for resale		 2025
£
2
2
2025
£
772		 2024
£
2
2
2024
£
684

12 Stocks

Finished goods and goods for resale

13 Debtors

Debtors
Grants receivable
Tax recoverable including VAT
Prepayments and accrued income		 2025
£
75,627
12,389
17,566
105,582		 2024
£
31,138
2,634
75,190
108,962

35

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

14 Creditors: Amounts falling due within one year

14
Creditors: Amounts falling due within one year
Taxation including VAT
Accruals
Other Creditors
15
Deferred income
Deferred income comprises grants received
Balance at 1 April 2024
Amount released to incoming resources
Amount deferred in period
Balance at 31 March 2025		 2025
£
-
38,394
47,399
85,793		 2024
£
14,978
104,329
50,790
170,097
Charity
£
50,790
(50,790)
47,399
47,399
2024 COMPARATIVE
Deferred income
Deferred income comprises grants received in
Balance at 1 April 2023
Amount released to incoming resources
Amount deferred in period
Balance at 31 March 2024		 Charity
£
68,976
(68,976)
50,790
50,790

36

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

16
Unrestricted funds
1 April
Incoming
Outgoing
Transfers
2024
£
£
£
£
Designated funds
164,573
-
-
3,691
Undesignated funds
385,019
780,537
(845,030)
(3,691)
Charity
549,592
780,537
(845,030)
-
Funds are designated for the following purposes
31 March
2025
Name
£
Business Continuity & Development
168,264
Purpose
To maintain essential core functions and services and support the upgrade of IT equipment		 31 March
2025
£
168,264
316,835
485,099
2024
Unrestricted funds
Designated funds
Undesignated funds
Charity		 1 April
2023
£
204,703
382,155
586,858		 Incoming
£
-
795,843
795,843		 Outgoing
£
-
(833,109)
(833,109)		 Transfers
£
(40,130)
40,130
-		 31 March
2024
£
164,573
385,019
549,592

37

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

17
Restricted funds
1 April
Incoming
Outgoing
Transfers
2024
Description of Fund
£
£
£
£
ADVICE & INFORMATION
Age UK
- Warm Homes Programme - EON and British Gas
-
40,718
(40,718)
-
Brian Mercer Charitable Trust
-
10,000
(10,000)
-
Eric Wright Charitable Trust
-
30,000
(30,000)
-
The Henry Smith Charity
1,238
32,174
(33,412)
-
SUPPORTING INDEPENDENT LIVING
Age UK
- Walking Tennis
-
9,612
(8,488)
-
- Ageing Well Mutli Agency Funding
1,940
-
-
-
- Integrated Care
3,264
-
-
-
- UEC Insight Project
-
1,500
(1,500)
-
-Winter Health
990
(990)
Big Lottery Community Fund RC North West
Region
1,242
71,514
(60,170)
-
Co-op Dementia Cinema
2,387
-
(396)
-
Lancashire Mind
-
7,353
(7,353)
-
Lancashire and South Cumbria ICB - VCFSE
CMHT Grant Scheme
26,818
(26,818)
Masonic Charitable Trust
-
8,020
(4,132)
-
Morrisons Community Fund
9,620
-
-
-
National Lottery Community RC North West
Region Stepping Out
-
18,154
(18,154)
Swim England
557
-
-
-
WG Edwards
1,500
-
-
-
Donations
-
779
(845)
-
Donated facilities & equipment
-
20,717
(20,717)
-
Restricted funds - Charity
21,748
278,349
(263,693)
-		 31 March
2025
£
-
-
-
-
1,124
1,940
3,264
-
-
12,586
1,991
-
-
3,888
9,620
-
557
1,500
(66)
-
36,404

38

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

2024

Restricted funds
Description of Fund
ADVICE & INFORMATION
Age UK
- Warm Homes Programme - EON
- Building Better Lives
- Cost of Living
Brian Mercer Charitable Trust
Eric Wright Charitable Trust
Donations
The Henry Smith Charity
SUPPORTING INDEPENDENT LIVING
Active Ageing
Age UK
- MCST
- Winter Health
- Ageing Well Mutli Agency Funding
Region
Darwen Town Council
Swim England
WG Edwards
Co-op Dementia Cinema
Asda Community Fund
Morrisons Community Fund
Garfield Weston
Social Inclusion
Lancashire Mind
Integrated Care
Age UK
Donated facilities & equipment
Other
Restricted funds - Charity		 1 April
2023
£
-
-
-
-
-
-
-
3,078
-
1,940
-
667
557
1,500
2,387
81
9,620
33,000
-
3,264
-
-
56,094		 Incoming
£
38,123
5,571
40,000
10,000
25,000
-
43,100
13,212
900
-
72,478
-
-
-
-
-
-
-
5,823
-
15,916
-
270,123		 Outgoing
£
(38,123)
(5,571)
(40,000)
(10,000)
(25,000)
-
(41,862)
(16,290)
(900)
-
(71,236)
(667)
-
-
-
(81)
-
(33,000)
(5,823)
-
(15,916)
-
(304,469)		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 31 March
2024
£
-
-
-
-
-
-
1,238
-
-
1,940
1,242
-
557
1,500
2,387
-
9,620
-
-
3,264
-
-
21,748

39

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

19

18

Information regarding employees and trustees
Average number of employees in the period
- Full time employees
- Part time employees
Average number of employees
The full time equivalent of the part time staff is
Staff costs comprise:
- Wages and salaries
- Social security costs
- Recruitment
- Pension contributions		 2025
16
15
31
10.61
£
747,024
58,441
-
55,052
860,517		 2024
16
16
32
11.49
£
759,089
59,896
-
54,893
873,878

No employees had emoluments (excluding employer pension contributions) in excess of £60,000 in the current or previous years.

The charity purchased insurance costing £350 (2024: £1,043) to protect itself from loss arising from neglect or default of its Trustees and to indemnify the Trustees against the consequence of neglect or default on their part.

Key management personnel of the Charity comprised the Trustees and the Chief Executive of the Charity. The total employee benefits of the key management personnel of the Charity were £55,623 (2024: £55,623) in addition employer pension contributions with the salary exchange scheme of £4,625 (2024: £4,625) were paid in respect of their services. There was no remuneration or expenses paid to Trustees.

Pension costs

The charity operates a defined contribution pension scheme and makes contributions under auto-enrolment requirements. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents the contributions payable by the charity to the fund using the salary exchange scheme for eligible employees. The charge for the year is £55,052 (2024 : £54892).

40

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

20

Analysis of Charity assets and liabilities between funds

Tangible fixed assets
Current assets:
- Investment in joint venture
- Stocks
- Debtors
- Cash at bank and in hand
Creditors
Total		 Designated
Undesignated
Restricted
Total
Funds
Funds
Funds
£
£
£
£
-
11,197
-
11,197
-
-
8
-
8
-
773
-
773
-
93,698
2,160
95,858
168,264
258,251
63,222
489,737
-
(73,226)
(2,844)
(76,070)
Unrestricted Funds
168,264
290,701
62,538
521,503

2024 COMPARATIVE

Analysis of assets and liabilities between funds

Tangible fixed assets
Current assets:
- Investment in joint venture
- Stocks
- Debtors
- Cash at bank and in hand
Creditors
Total		 Designated
Funds
£
-
-
-
-
201,173
-
201,173
Unrestrict		 Undesignated
Funds
£
13,399
8
684
108,952
359,502
(134,126)
348,419
ed Funds		 Restricted
Funds
£
-
-
-
10
57,709
(35,971)
21,748		 Total
£
13,399
8
684
108,962
618,384
(170,097)
571,340

41

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

21

Changes in resources available for charity use

Net movement in funds for the period Net increase in tangible assets Net movement in funds available for future activities

Designated
Undesignated
Funds
Funds
£
£
(32,909)
(31,584)
-
(2,202)
(33,786)
(32,909)
Unrestricted Funds		 Restricted
Funds
£
14,656
-
14,656		 Total
£
(49,837)
(2,202)
(52,039)

2024 COMPARATIVE

Changes in resources available for charity use

Net movement in funds for the period Net decrease in tangible assets Net movement in funds available for future activities

Designated
Funds
£
(40,130)
8,388
Unrestrict
(31,742)		 Undesignated
Funds
£
2,864
-
ed Funds
2,864		 Restricted
Funds
£
(34,346)
-
(34,346)		 Total
£
(71,612)
8,388
(63,224)

22

Financial commitments and operating leases

At 31 March 2025 there were annual commitments under non-cancellable operating leases as set out below:

Operating leases which expire:
Within one year
Within two to five years		 2025
2024
£
£
6,520
20,458
7,600
-
14,120
20,458
Land & Buildings		 Other Assets
2025
£
12,982
5,876
18,858		 2024
£
13,206
12,311
25,517

23

Related Party Transactions

There were donations, including gift aid, made by the Trustees of £100 (2024: £129)

During the reporting period, the Care Network (Blackburn with Darwen) Ltd received funding amounting to £25,460 from Age UK Blackburn with Darwen in support of the Darwen Falls project. Vicky Shepherd, the Chief Executive of Age UK Blackburn with Darwen also serves as a trustee Care Network (Blackburn with Darwen) Ltd.

The Charity holds 50% of the issued share capital of Age UK Greater Lancashire CIC, a company registered in England & Wales. Its principal activity is the delivery of contracts and services across the whole of the county of Lancashire. The Charity did not receive any income in 24/25 as the project had come to an end. There were no other related party transactions during the current or previous year

42

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

24

Reconciliation of net income/(expenditure) to net cash flow from operating activities

Adjustments for:
Depreciation charges
Loss on disposal of tangible fixed assets
Bank interest
Decrease in stocks
Decrease in debtors
Increase/(decrease) in creditors
Net cash used by operating activities
25
Analysis of net funds
1 April
2024
£
Cash at bank and in hand
618,384
2024 COMPARATIVE
Analysis of net funds
1 April
2023
£
Cash at bank and in hand
690,603
26
Government Grants - Charity Funder
Description/Nature
Department of Transport
Day Services transport provision
Net expenditure for the reporting period (as per the statement of financial
activities)		 Charity
2025
£
(49,837)
-
-
4,299
4,735
(6,125)
(632)
3,380
(84,303)
(128,483)
Cash Flow
£
(128,647)
Cash Flow
£
(72,219)
2025
£
302		 Charity
2024
£
(71,612)
7,051
755
(23,639)
141
(71,227)
78,867
(79,664)
31 March
2025
£
489,737
31 March
2024
£
618,384
2024
£
1,106

The Charity has also benefited from other forms of local government assistance There were no unfulfilled conditions or other contingencies attached to grants recognised in income.

43

Appendix 1

AGE UK BLACKBURN WITH DARWEN STATEMENT OF FINANCIAL ACTIVITIES COVERING THE YEAR ENDED 31 MARCH 2025

INCOME
Contracts & Service Level Agreements
Blackburn with Darwen Borough Council
Age UK Warm Homes Programme -Eon and British Gas
Lancashire & South Cumbria ICS Living Longer Better
Grants
Age UK
- Brand Partner
- Building Better Lives
- Cost of Living
- Friends & Family
- MCST
- Winter Health
- UEC Insight Project
- Walking Tennis
Big Lottery Community Fund RC North West Region
Brian Mercer Charitable Trust
BwDBC Targeted Physical Activity
BwDBC Finance & Welfare
BwDBC Household Support Scheme
BwDBC Mental Wellbeing
BwDBC Pension Credit Campaign
BwDBC Winter Pressure
BwDBC Winter Wellbeing
Delphi Medical Consultants Limited
Dept of Transport
Jubilee Tower Credit Union
Lancashire and South Cumbria ICB - VCFSE CMHT Grant Scheme
Lancashire and South Cumbria ICB VCFSE Fall Prevention grant
Lancashire Mind
Masonic Charitable Trust
National Lottery Community Fund RC Northwest Region Stepping Out
North Primary Care Network
Regenerate and Inclusion North
Sky Cares Community Grant
The Eric Wright Charitable Trust
The Henry Smith Charity
Donations and fundraising
Miscellaneous donations
Legacies
Donated facilities & equipment
Fundraising activities & events
Sale of goods
Gift Aid Administration Fee
Service income
Service charges
Other income
Bank and building society interest
Other
Total income		 Unrestricted
Funds
£
455,549
-
-
455,549
7,500
-
-
-
-
-
-
-
-
-
-
18,000
19,920
-
5,000
-
-
17,500
302
-
-
68,801
-
-
-
-
995
2,500
-
-
140,518
15,453
22,911
-
13,631
73,070
206
125,271
44,424
44,424
6,125
8,650
14,775
780,537		 Restricted
Funds
£
-
40,718
-
40,718
-
-
-
-
-
990
1,500
9,612
71,514
10,000
-
-
-
-
-
-
-
-
-
-
26,818
-
7,353
8,020
18,154
-
-
-
30,000
32,174
216,135
779
-
20,717
-
-
-
21,496
-
-
-
-
-
278,349		 Total
Funds
31 March
2025
£
455,549
40,718
-
496,267
7,500
-
-
-
-
990
1,500
9,612
71,514
10,000
-
18,000
19,920
-
5,000
-
-
17,500
302
-
26,818
68,801
7,353
8,020
18,154
-
995
2,500
30,000
32,174		 Total
Funds
31 March
2024
£
520,020
38,035
10,000
568,055
10,000
5,571
40,000
750
13,212
900
72,478
10,000
8,740
-
-
8,000
-
7,044
9,520
-
1,106
8,640
16,571
-
5,823
-
-
1,540
-
2,500
25,000
43,100
356,653 290,495
16,232
22,911
20,717
13,631
73,070
206		 20,426
400
15,916
12,168
71,517
153
146,767 120,580
44,424 48,807
44,424 48,807
6,125
8,650		 23,639
14,390
14,775 38,029
1,058,886
1,065,966

44

Appendix 2

AGE UK BLACKBURN WITH DARWEN

STATEMENT OF FINANCIAL ACTIVITIES COVERING THE YEAR ENDED 31 MARCH 2025

EXPENDITURE
Wages, salaries and staff recruitment
Rent, rates & insurance
Heat and light
Repairs, renewals & alterations
Printing, stationery & office expenses
Post & telephone
Travel
Service supplies
Volunteers expenses
Advertising, promotion & events
Training & conferences
Vehicle expenditure
Audit fee
Professional fees
Bank charges
Provision for depreciation
Loss on disposal of fixed asset
Fees to Voluntary Organisations
Total expenditure
Deficit of income over expenditure
for the year transferred to balance sheet		 Unrestricted
Funds
£
631,422
31,473
24,272
5,900
33,468
11,793
5,968
21,791
1,730
595
3,637
20,885
6,446
4,900
2,156
4,299
4,735
29,560
845,030
(64,493)		 Restricted
Funds
£
208,528
23,968
3,818
5,766
7,112
3,811
2,602
3,368
921
-
760
-
1,580
1,165
294
-
-
263,693
14,656		 Total
Funds
31 March
2025
£
839,950
55,441
28,090
11,666
40,580
15,604
8,570
25,159
2,651
595
4,397
20,885
8,026
6,065
2,450
4,299
4,735
29,560
1,108,723
(49,837)		 Total
Funds
31 March
2024
£
857,358
56,008
27,434
13,457
52,112
33,583
8,030
30,879
2,367
166
4,798
21,665
8,087
8,798
2,930
7,052
754
2,100
1,137,578
(71,612)

45