OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Age UK Scarborough & District

Report of the Trustees and Unaudited Financial Statements for the year ended

31 March 2022

Registered Company Number: 07758027 Registered Charity Number: 1143893

Ashby Berry Coulsons

Chartered Accountants Two Belgrave Crescent Scarborough

Age UK Scarborough & District

Contents of the Financial Statements for the Year Ended 31 March 2022

Page Reference and Administrative Details Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Cash Flow Statement 10 Notes to the Financial Statements 11

Age UK Scarborough & District

Reference and Administrative Details for the Year Ended 31 March 2022

Trustees S G Trafford F Butters (resigned 1 December 2021) J Thomas T Blundell (resigned 23 November 2021) J Crowther I Poole C Wood (appointed 1 December 2021) Chief executive J A Macey-Hewitt (resigned 4 July 2021) N Bradbury (appointed 5 July 2021) Company secretary N Bradbury Registered office 39 Aberdeen Walk Scarborough North Yorkshire YO11 1BD Registered company number 07758027 (England and Wales) Registered charity number 1143893 Independent examiner Ashby Berry Coulsons 2 Belgrave Crescent Scarborough North Yorkshire YO11 1UB Bankers Yorkshire Bank 24 Huntriss Row Scarborough North Yorkshire YO11 2EG Solicitors John P Martin Bank Chambers Albion Street Scarborough North Yorkshire YO11 2BT

Page 1

Age UK Scarborough & District (Registered number: 07758027) Report of the Trustees for the Year Ended 31 March 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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 1 January 2019).

This report includes the directors' report required by company law.

Objectives and activities

The objects of Age UK Scarborough & District are to promote the following purposes for the benefit of the public and/or older people in and around Scarborough & District:

These objects are currently met through the following areas of activity:

Age UK Scarborough & District have around 60 active volunteers and the trustees. We understand that volunteers gift their time to help local people in need and we acknowledge with gratitude the continuing contribution of volunteers to the charity. We calculate volunteers' time as saving funders at least £7.50 for every hour they work but more importantly they provide a priceless service to our beneficiaries.

In compiling this report, the trustees have had due regard to guidance published by the Charity Commission on public benefit. The benefits to the charity's client group through the work we have undertaken via our various services has been:

Achievement and performance

The year 2021/22 was a year of rapidly changing events for Age UK Scarborough and District. The year started with Covid-19 restrictions and considerable concern about running face-to-face services. It wasn’t till the summer of 2021 that the service started to emerge from the long shadow of Covid and start to plot a path into a new, uncertain future.

Page 2

Age UK Scarborough & District (Registered number: 07758027) Report of the Trustees for the Year Ended 31 March 2022

Achievement and performance- continued

The main developments in 2021/22 service-wise were:

The continuing development of our Information and Advice service, with funding secured to expand the service, received at the end of the year. This will take it to 6 staff, with the capacity to have volunteers advising also.

Our employability service continued to help vulnerable people not in employment make those steps towards realising their ambitions in life.

The development of the SeeCHANGE project, with a development grant funding research and development of an innovative approach to dealing with health equality in Scarborough. This has led to a £250,000 project from the National Lottery Communities Fund.

The launch of our will writing service to complement our Power of Attorney service, which was kindly funded by Scarborough Borough Council for the last quarter of the financial year.

Further development of our social prescribing service for which we lead on in association with our local Mind and Advocacy Alliance. This is funded by the North Riding, Score (central Scarborough) and Filey and Scarborough Primary Care Networks. At the end of the financial year in question, the service was recommissioned with additional resources so that there are an extra 4 full time equivalent staff, with a manager as well and the ability to triage people so they are helped and kept in the loop from the first days of referral into the service.

The renewal of funding for our community support work which we do in partnership with SWR Mind, which has helped us to fund events and groups to help people coming out of covid and readjusting to normal life.

Last but not least, we committed to a new business plan which is a values driven document looking for the organisation to work towards a community where older people are able to live a longer life in dignity. As an organisation we are committed to inclusion, empowerment and respect.

Financial review

Age UK Scarborough and District has been on an exciting journey of growth and redesign of its services in the financial year 2021/22.

The statement of financial activities shows a deficit for the year of £18,419 (2021: £130,055). Total reserves amounted to £386,480 at the year end (2021: £404,899). As shown in Note 18 to the accounts, £122,905 related to restricted funds of which £220 were net current assets whilst unrestricted net current assets amounted to £255,092 with the balance invested in unrestricted fixed assets.

The charity's total income decreased from £614,525 to £515,929 the decrease was expected due to additional funding received in the previous year from the public sector to counteract COVID-19 losses. The decrease in income was less than budgeted for and we are satisfied with the performance of the charity. The increase in expenses was also expected due to increase in wages and activity expenses.

The charity has a wholly owned subsidiary, Age UK Scarborough & District Trading Limited. This is a sole member company limited by guarantee. From 1 April 2019 it is being used to deliver paid for services, which provide support to older people in and around Scarborough & District and generate unrestricted revenue for the parent charity through the covenanting of profits.

The principle financial risks and uncertainties are considered to relate primarily to the ability of the charity to access funding for its activities and generate sufficient unrestricted income to support its infrastructure. The trustees aim to manage these risks by the timely submission of funding bids and the identification of suitable income generating activities in line with its general aims. The trustees consider that an appropriate level of free reserves is £60,000. The additional reserves available at 31 March 2022 have enabled the charity to maintain its activities while it continues to seek new funding streams and will continue to support activities during 2022-23.

Page 3

Age UK Scarborough & District (Registered number: 07758027) Report of the Trustees for the Year Ended 31 March 2022

Future plans

Funding is secure for the continuation of projects in the short term and bids are being prepared to enable existing and new work to be undertaken over the next few years. A new Strategic Plan for the period 2022-2025 has been approved by the board, which is an exciting agenda to build on our strengths and develop new income streams, focussed on the needs of older people and making sure we cover our geographical area, the borough of Scarborough and the district of Ryedale in North Yorkshire. In 2023, we will be renaming the charity Age UK North Yorkshire Coast and Moors to better reflect that mission.

Structure, governance and management

Age UK Scarborough & District is a charitable company limited by guarantee, governed by it memorandum and articles of association.

Age UK Scarborough & District is directed by a board of a minimum of three trustees, who are also directors of the company. Trustees are elected at the annual general meeting. Additional trustees maybe co-opted during the year, provided the number of co-opted board members does not exceed one third of the number of elected members. Trustees are recruited from local people who have an interest in the charity. Potential trustees are invited to attend three trustee meetings as a probationary period. New trustees receive a welcome and induction pack and all trustees are entitled to attend external Trustee training.

The charity works with a wide range of local and regional bodies, together with Age UK nationally.

The regular reports received at committee meetings enable the trustees to monitor major risks to which the charity is exposed so that necessary steps can be taken to manage those risks.

Statement of compliance with prevailing laws and regulations

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and 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 published in October 2019.

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

Approved by order of the board of trustees on 2 November 2022 and signed on its behalf by:

S G Trafford - Trustee

Page 4

Independent Examiner's Report to the Trustees of Age UK Scarborough & District (Registered number: 07758027)

Independent examiner's report to the trustees of Age UK Scarborough & District ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Anna Wiffen FCCA ACCA Ashby Berry Coulsons 2 Belgrave Crescent Scarborough North Yorkshire YO11 1UB

Date: 2 November 2022

Page 5

Age UK Scarborough & District

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2022

Unrestricted
fund
Notes
£
Income and endowments from
Donations and legacies
2
134,212
Charitable activities
Core activities
17,817
Other trading activities
3
91,186
Investment income
4
2,697
Other income
6
33,814
Total
279,726
Expenditure on
Raising funds
Other trading activities
89,702
89,702
Charitable activities
7
Core activities
166,979
Total
256,681
NET INCOME/(EXPENDITURE)
23,045
Reconciliation of funds
Total funds brought forward
240,530
Total funds carried forward
263,575		 Restricted
fund
£
117,570
154,633
-
-
-
272,203
-
-
313,667
313,667
(41,464)
164,369
122,905		 2022
Total
funds
£
251,782
172,450
91,186
2,697
33,814
551,929
89,702
89,702
480,646
570,348
(18,419)
404,899
386,480		 2021
Total
funds
£
437,163
116,750
23,293
683
36,636
614,525
96,628
96,628
387,842
484,470
130,055
274,844
404,899

The notes form part of these financial statements

Page 6

Age UK Scarborough & District (Registered number: 07758027)

Balance Sheet 31 March 2022

Notes
Fixed assets
Tangible assets
14
Current assets
Debtors
15
Cash at bank and in hand
Creditors
Amounts falling due within one year
16
Net current assets
Total assets less current liabilities
NET ASSETS
Funds
19
Unrestricted funds
Restricted funds
Total funds		 2022
£
131,168
49,257
230,223
279,480
(24,168)
255,312
386,480
386,480
263,575
122,905
386,480		 2021
£
163,812
20,877
279,938
300,815
(59,728)
241,087
404,899
404,899
240,530
164,369
404,899

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 7

Age UK Scarborough & District (Registered number: 07758027)

Balance Sheet - continued 31 March 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 2 November 2022 and were signed on its behalf by:

S G Trafford - Trustee

The notes form part of these financial statements

Page 8

Age UK Scarborough & District

Cash Flow Statement for the Year Ended 31 March 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received
Net cash provided by/(used in) 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		 2022
£
(52,412)
(52,412)
-
-
2,697
2,697
(49,715)
279,938
230,223		 2021
£
198,259
198,259
(15,383)
1,650
683
(13,050)
185,209
94,729
279,938

The notes form part of these financial statements

Page 9

Age UK Scarborough & District

Notes to the Cash Flow Statement for the Year Ended 31 March 2022

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

Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Profit on disposal of fixed assets
Interest received
(Increase)/decrease in debtors
(Decrease)/increase in creditors
Net cash (used in)/provided by operations		 2022
£
(18,419)
32,644
-
(2,697)
(28,380)
(35,560)
(52,412)		 2021
£
130,055
31,985
(1,650)
(683)
3,960
34,592
198,259

2. Analysis of changes in net funds

At 1.4.21 Cash flow At 31.3.22
£ £ £
Net cash
Cash at bank and in hand 279,938 (49,715) 230,223
279,938 (49,715) 230,223
Total 279,938 (49,715) 230,223

The notes form part of these financial statements

Page 10

Age UK Scarborough & District

Notes to the Financial Statements for the Year Ended 31 March 2022

1. Accounting policies

General information

Age UK Scarborough & District is a charitable private company limited by guarantee in England / Wales. 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. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity's operations and principal activities are to provide support and advice to elderly.

Basis of preparing the financial statements

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 1 January 2019), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.

The charity and its subsidiary company meet the criteria for a small group under Section 383 of the Companies Act 2006 and the aggregate gross income of the group falls below £1 million. Accordingly the charity has not produced consolidated accounts. Details of the subsidiary, its results for the year and of its assets and liabilities at the year end are set out in Note 13.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

Accounting policies

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Judgements and key sources of estimation uncertainty

The trustees consider that no judgements, apart from those involving estimates, have been made in the process of applying the above accounting policies which have had a significant effect on amounts recognised in the financial statements.

The trustees consider that no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date have been made which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

continued...

Page 11

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

1. Accounting policies - continued

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 that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised at fair value 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. If entitlement is not met then these amounts are deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of the provision of specified services is deferred until the criteria for income recognition are met.

Gifts in kind donated for resale

It is impracticable to fair value gifts in kind donated for resale due to the volume of low value items so they are not recognised in the financial statements until they are sold. This income is recognised within 'Income from other trading activities'.

Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

On receipt, donated professional services and donated facilities are recognised on the basis of the fair value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

continued...

Page 12

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

1. Accounting policies - continued

Expenditure- continued

All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities.

Expenditure on charitable activities includes the costs of activities undertaken to further the purposes of the charity and their associated support costs.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include administrative and governance costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice.

Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Tangible fixed assets

Fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis at the following annual rates.

Leasehold property - over the term of the lease
Fixtures, fittings and
equipment - 10% straight line or over the life of the associated grant
Motor vehicles - 25% straight line
Computer equipment - 25% straight line

Debtors and creditors receivable / payable

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Leases

Rentals payable under operating leases are charged to the SoFA on a straight line basis over the period of the lease.

Employee benefits

When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The charity contributes to a defined contribution workplace pension plan for the benefit of its employees. Contributions are charged to the statement of financial activities in the period to which they relate.

continued...

Page 13

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

1. Accounting policies - continued

Employee benefits- continued

Termination payments are recognised as a liability and an expense when the charity is committed to terminate the employment of an employee.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have reviewed the likely effects of the COVID-19 pandemic on the charity's finances. They expect that the income received by the charity going forward, together with its existing reserves, will be sufficient to enable it to continue as a going concern for a period of at least 12 months from the date of signing of these financial statements.

2. Donations and legacies

Donations
Big Lottery grant - Information and Advice
Health & Wellbeing
Veteran Information & Advice/ Support
Other grants
Age UK England		 2022
£
1,955
50,000
15,118
17,756
152,203
14,750
**251,782 **		 2021
£
39,252
-
31,845
22,400
291,928
51,738
437,163

£117,570 (2021: £61,120) of the above income was attributable to restricted and £134,212 (2021£376,043) was attributable to unrestricted funds.

Included in other grants is £70,669 (2021: £164,628) Covid-19 government support grants.

There were no unfulfilled conditions or other contingencies attaching to donations or grants recognised in income for the year ended 31 March 2022.

3. Other trading activities

Fundraising
Shop income		 2022
£
-
91,186
91,186		 2021
£
324
22,969
23,293

All the above income for the current and preceding year was attributable to unrestricted funds.

continued...

Page 14

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

4. Investment income

Investment income
Deposit account interest
Income from trading subsidiary		 2022
£
47
2,650
**2,697 **		 2021
£
48
635
683

All the above income for the current and preceding year was attributable to unrestricted funds.

5. Income from charitable activities

Activity
Contracts
Core activities
Other income from
charitable activities
Core activities		 2022
£
167,530
4,920
172,450		 2021
£
116,656
94
116,750

£154,633 (2021: £102,156) of the above income was attributable to restricted and £17,817 (2021£14,594 was attributable to unrestricted funds.

There were no unfulfilled conditions or other contingencies attaching to income received from charitable activities for the year ended 31 March 2022.

6. Other income

Gain on sale of tangible fixed assets
Rental income
Coronavirus Job Retention Scheme
DWP Kickstart
Other income		 2022
£
-
1,649
-
29,115
3,050
33,814		 2021
£
1,650
4,800
30,186
-
-
36,636

All the above income for the current and preceding year was attributable to unrestricted funds.

Page 15

continued...

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

7. Charitable activities costs

Core activities
Comparatives for charitable activities costs
Core activities		 Direct
Costs
£
424,175
362,125		 Support
costs (see
note 8)
£
56,471
25,717		 Totals
£
480,646
387,842

£313,667 (2021: £193,178) of the above costs were attributable to restricted funds and £166,979 (2021: £194,664) of the above costs were attributable to unrestricted funds.

8. Support costs

Support costs
Governance
Management costs Totals
£ £ £
Core activities 52,871 3,600 56,471
Comparatives for support costs
Governance
Management costs Totals
£ £ £
Core activities 22,117 3,600 25,717
Support costs, included in the above, are as follows:
Governance costs
2022 2021
Core Core
activities activities
£ £
Independent examiner's remuneration 3,600 3,600
Independent examiner’s remuneration
2022 2021
£ £
Independent examination of the financial statements 3,600 3,600

Page 16

continued...

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

8. Support costs - continued

Support costs, included in the above, are as follows:

Management

Wages
Professional & registration fees		 2022
Core
activities
£
22,542
30,329
52,871		 2021
Total
activities
£
20,200
1,917
22,117

9. Net income/(expenditure)

Net income/(expenditure) is stated after charging/(crediting):

Auditor's remuneration
Depreciation - owned assets
Hire of plant and machinery
Other operating leases
Surplus on disposal of fixed assets		 2022
£
3,600
32,644
430
43,505
-		 2021
£
3,600
31,983
5,227
60,005
(1,650)

10. Trustees' remuneration and benefits

No remuneration was paid to any of the trustees (2021: £nil).

Trustees' expenses

No trustee had any expenses reimbursed (2021: £nil).

11. Staff costs

Wages and salaries
Social security costs
Other pension costs		 2022
£
250,471
13,048
3,572
**267,091 **		 2021
£
214,834
11,252
3,116
229,202

continued...

Page 17

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

11. Staff costs - continued

The average monthly number of employees during the year was as follows:

Full Time
Part time		 2022
9
8
17		 2021
8
4
12

No employees received emoluments in excess of £60,000.

The full time equivalent number of staff at 31 March 2022 was 12.6 (2021 10.67).

The total remuneration of key management personnel amounted to £44,789 (2021: £50,259). In addition to paid staff, volunteers are crucial to delivering services and keeping the charity running.

The liability and expense relating to the employer's costs of the defined contribution workplace pension scheme are allocated between restricted and unrestricted funds in line with the funding of the relevant staff members.

12. Comparatives for the statement of financial activities

Unrestricted
fund
£
Income and endowments from
Donations and legacies
376,043
Charitable activities
Core activities
14,594
Other trading activities
23,293
Investment income
683
Other income
36,636
Total
451,249
Expenditure on
Raising funds
Other trading activities
96,628
96,628
Charitable activities
Core activities
194,664
Total
291,292
NET INCOME/(EXPENDITURE)
159,957		 Restricted
fund
£
61,120
102,156
-
-
-
163,276
-
-
193,178
193,178
(29,902)		 Total
funds
£
437,163
116,750
23,293
683
36,636
614,525
96,628
96,628
387,842
484,470
130,055

continued...

Page 18

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

12.
Comparatives for the statement of financial activities - continued
Unrestricted
fund
£
Reconciliation of funds
Total funds brought forward
80,573
Total funds carried forward
240,530		 Restricted
fund
£
194,271
164,369		 Total
funds
£
274,844
404,899

13. Group structure

The group consists of the parent charity, Age UK Scarborough & District, together with its subsidiary trading company Age UK Scarborough & District Ltd (Registered number: 03907454), which is a sole member company limited by guarantee and incorporated in England. The trading subsidiary provided some paid for services to older people in and around Scarborough & District in the year ended 31 March 2022.

Summary of trading results

Total income
Total expenditure
Net (deficit)/surplus for the year before donating to the charity
Gift aided donation to Age UK Scarborough & District
Net (deficit)/surplus for the year after donation to the parent charity
Taxation
Retained surplus
Assets
Liabilities
Surplus of funds		 2022
£
10,890
(8,159)
––––––
2,731
––––––
(2,650)
––––––
81
––––––
(16)
––––––
1,002
––––––
15,756
14,754
––––––
1,002
––––––		 2021
£
3,300
(2,894)
––––––
406
––––––
(635)
––––––
(229)
––––––
43
––––––
937
––––––
9,673
8,736
––––––
937
––––––

continued...

Page 19

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

14. Tangible fixed assets

Improvements
Fixtures,
to
fittings
leasehold
and
property
equipment
£
£
Cost
At 1 April 2021 and
31 March 2022
195,999
6,840
Depreciation
At 1 April 2021
49,000
2,347
Charge for year
28,000
679
At 31 March 2022
77,000
3,026
Net book value
At 31 March 2022
118,999
3,814
At 31 March 2021
146,999
4,493
Debtors: amounts falling due within one year
Amounts owed by group undertakings
Other debtors
Prepayments
Creditors: amounts falling due within one year
Trade creditors
Social security and other taxes
Other creditors
Deferred income
Accrued expenses		 Motor
vehicles
£
7,600
1,740
1,900
3,640
3,960
5,860		 Computer
equipment
£
13,155
6,695
2,065
8,760
4,395
6,460
2022
£
13,705
23,395
12,157
49,257
2022
£
13,833
4,503
-
992
4,840
24,168		 Totals
£
223,594
59,782
32,644
92,426
131,168
163,812
2021
£
6,730
10,483
3,664
20,877
2021
£
1,302
4,325
1,033
47,104
5,964
59,728

15. Debtors: amounts falling due within one year

16. Creditors: amounts falling due within one year

continued...

Page 20

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

17. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
In more than five years		 2022
£
43,755
128,053
-
171,808		 2021
£
43,755
152,520
19,315
215,590

18. Analysis of net assets between funds

Unrestricted
fund
£
Fixed assets
160,627
Current assets
126,124
Current liabilities
(23,176)
263,575		 Restricted
fund
£
(29,459)
153,356
(992)
**122,905 **		 2022
Total
funds
£
131,168
279,480
(24,168)
386,480		 2021
Total
funds
£
163,812
300,815
(59,728)
404,899

Comparatives for analysis of net assets between funds

Unrestricted
fund
£
Fixed assets
11,668
Current assets
255,208
Current liabilities
(26,346)
240,530		 Restricted
fund
£
152,144
45,607
(33,382)
164,369		 Total
funds
£
163,812
300,815
(59,728)
404,899

continued...

Page 21

Age UK Scarborough & District

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

19. Movement in funds

Unrestricted funds
General fund
Restricted funds
Health and Wellbeing
Veteran Support
Social Prescribing
Service Manager
Aberdeen Walk refurbishment
Cloth Works Van
National Lottery Healthier
Communities
Humber Learning
MCST Dementia
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Health and Wellbeing
Veteran Support
Social Prescribing
Service Manager
Aberdeen Walk refurbishment
Cloth Works Van		 At 1 April
2021
Incoming
resources
£
£
240,530
279,727
7,648
35,066
1,314
17,976
3,141
134,685
122
13,125
148,289
-
3,855
-
50,000
20,000
1,350
164,369
272,203
At 1 April
2020
Incoming
resources
£
£
80,573
451,249
10,753
31,845
-
22,400
7,938
102,156
1,875
175,580
-
5,000
194,271
163,276		 Resources
expended
£
(314,853)
(42,714)
(19,071)
(137,826)
(13,247)
(28,209)
(1,250)
(50,000)
(20,000)
(1,350)
(313,667)
Resources
expended
£
(291,292)
(34,950)
(21,086)
(106,953)
(1,753)
(27,291)
(1,145)
(193,178)		 At 31
March 2022
£
205,404
-
220
-
-
120,080
2,605
-
-
-
122,905
At 31
March 2021
£
240,530
7,648
1,314
3,141
122
148,289
3,855
164,369

20. Related party disclosures

There were no related party transactions for the year ended 31 March 2022

Page 22