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2023-03-31-accounts

Age UK North Yorkshire Coast and Moors

(previously known as Age UK Scarborough & District)

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

31 March 2023

Registered Company Number: 07758027 Registered Charity Number: 1143893

HPH, Chartered Accountants 54 Bootham YORK YO30 7XZ

Age UK North Yorkshire Coast and Moors

(previously known as Age UK Scarborough & District)

Contents of the Financial Statements for the Year Ended 31 March 2023

Page
Reference and Administrative Details 1
Report of the Trustees 2 - 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cash Flow Statement 9
Notes to the Financial Statements 10 - 20

Age UK North Yorkshire Coast and Moors

(previously known as Age UK Scarborough & District)

Reference and Administrative Details for the Year Ended 31 March 2023

Trustees S G Trafford
J Thomas (resigned 4 July 2023)
J Crowther
I Poole (resigned 5 September 2023)
C Wood
M Thrall (appointed 8 August 2023)
M Wildey (appointed 11 May 2022)
Chief executive N Bradbury
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 HPH, Chartered Accountants
54 Bootham
YORK
YO30 7XZ
Bankers Virgin Money
24 Huntriss Row
SCARBOROUGH
North Yorkshire
YO11 2EG

1

Age UK North Yorkshire Coast and Moors

(previously known as Age UK Scarborough & District)

Report of the Trustees for the Year Ended 31 March 2023

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 2023. 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 North Yorkshire Coast and Moors are to promote the following purposes for the benefit of the public and/or older people in and around North Yorkshire, with a focus on the former district of Ryedale and borough of Scarborough:

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

In compiling this report, the trustees have had due regard to guidance published by the Charity Commission on the Public Benefit requirement under the Charities Act 2011. The benefits to the Charity's client group through the work we have undertaken via our various services has been:

2

Age UK North Yorkshire Coast and Moors (previously known as Age UK Scarborough & District)

Report of the Trustees for the Year Ended 31 March 2023

Achievement and performance

2022/23 was the first year of our new strategic vision and plan. It was our first year as our communities recovered from the Covid-19 pandemic. We were able to recognise the massive need that it exposed. As the year evolved, we faced a new challenge in the cost of living pressure that vulnerable people experienced.

We met these challenges head on and have been successful in growing the charities size and scope to meet the challenges.

The main developments in 2022/23 service-wise were:

Future plans

2023/24 has seen consolidation of our work in the year 2022/23, notable for developments in our shops and the relaunch of our Independent Living Services.

Fundraising

The retail group has increased its income over the year, as we improved our systems and priced our products more keenly.

Our fundraising exceeded targets with money from the National Lottery Communities Fund and the Energy Saving Trust Energy Redress fund being notable successes. We also have started to increase our income from charged for services.

3

Age UK North Yorkshire Coast and Moors

(previously known as Age UK Scarborough & District)

Report of the Trustees for the Year Ended 31 March 2023

Financial review

Age UK North Yorkshire Coast and Moors has been on an exciting journey of growth and redesign of its services in the financial year 2022/23.

The statement of financial activities shows a surplus for the year of £82,561 (2022: Deficit £18,419). Total reserves amounted to £469,041 at the year end (2022: £386,480).

The Charity holds £182,433 of restricted funds to be spent on specific projects in forthcoming years more details can be seen in note 19.

Unrestricted reserves of £286,608 are held in line with the reserve policy below.

The Charity's total income increased from £551,929 to £869,429 the increase was expected due to additional funding received with the SeeCHANGE initiative and other new projects and the expansion of the Social Presecribing service. The increase in expenses was also expected due to increased activity.

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.

Risk management

The charity has a reasonable reserves position and has a risk assessment procedure. We have identified the need to diversify our sources of income from trusts and contracts to give us more resilience as an organisation.

As we grow, we have identified the need to monitor data and improve quality.

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 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.

Reserves

The Trustees consider that an appropriate level of free reserves is three months of liquid reserves. free reserves are unrestricted reserves less any fixed assets and lease commitments held in unrestricted funds free reserves stand at £159,464 which is the equivalent of 2.5 months expenditure. Any additional reserves available at 31 March 2023 have enabled the charity to maintain its activities while it continues to seek new funding streams and will continue to support activities during 2023/24.

4

Age UK North Yorkshire Coast and Moors

(previously known as Age UK Scarborough & District)

Report of the Trustees for the Year Ended 31 March 2023

Structure, governance and management

Age UK North Yorkshire Coast and Moors is a charitable company limited by guarantee, governed by its memorandum and articles of association.

Age UK North Yorkshire Coast and Moors is directed by a board of a minimum of three trustees, who are also directors of the Charitable 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 Board is responsible for budgetary decisions and for setting policies and strategies. This includes setting of the pay and remuneration of the charities key management personnel.

Volunteers

Age UK North Yorkshire Coast and Moors have around 140 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.

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 XXXXXX and signed on its behalf by:

S G Trafford - Trustee

5

(previously known as Age UK Scarborough & District)

Age UK North Yorkshire Coast and Moors

Independent Examiner’s Report For the Year Ended 31 March 2023

I report to the Charity Trustees on my examination of the financial statements of the company for the year ended 31 March 2023.

This report is made solely to the charitable company’s trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company’s trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the charitable company’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members as a body and the charitable company’s trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the Trustees of the company (and its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements 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 the company's financial statements 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 the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, 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 financial statements do not accord with those records; or

  3. the financial statements 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 financial statements 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 financial statements to be reached.

Sarah Wearing FCA, DChA Dated: xx November 2023

HPH, Chartered Accounts 54 Bootham York YO30 7XZ

6

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Statement of Financial Activities

(Income and Expenditure Account) For the year ended 31 March 2023

Notes
Income
Donations and legacies
3
Charitable activities
Core activites
4
Other trading activities
5
Investment income
6
Other income
7
Total Income
Expenditure
Raising funds
8
Charitable activities
Core activites
9
Total Expenditure
Transfers between funds
18,19
Reconciliation of funds
Total funds brought forward
Total funds carried forward
17
Net income/(expenditure) before
transfers		 Unrestricted
Funds
£
156,174
25,546
119,445
3,538
14,341
319,044
116,175
179,836
296,011
23,033
-
23,033
263,575
£286,608		 Restricted
Funds
£
261,052
289,333
-
-
-
550,385
-
490,857
490,857
59,528
-
59,528
122,905
£182,433		 2023
Total Funds
£
417,226
314,879
119,445
3,538
14,341
869,429
116,175
670,693
786,868
82,561
-
82,561
386,480
£469,041		 2022
Total Funds
£
251,782
172,450
91,186
2,697
33,814
551,929
89,702
480,646
570,348
(18,419)
-
(18,419)
404,899
£386,480

The notes on pages 10 to 20 form part of these accounts.

7

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Balance Sheet

As At 31 March 2023 (company number: 07758027)

Notes
Fixed Assets
Tangible Assets
12
Current Assets
Debtors
14
Cash at Bank and in Hand
Creditors: amounts falling due
within one year
15
Net Current Assets
Total Net Assets
The Funds of the Charity
Unrestricted Funds
18
Restricted Funds
19
Total Charity Funds		 £
£
98,636
121,216
349,911
471,127
(100,722)
370,405
£ 469,041
286,608
182,433
£ 469,041
2023		 £
£
131,168
49,257
230,223
279,480
(24,168)
255,312
£ 386,480
263,575
122,905
£ 386,480
2022		 £
£
131,168
49,257
230,223
279,480
(24,168)
255,312
£ 386,480
263,575
122,905
£ 386,480
2022
£ 386,480
263,575
122,905
£ 386,480

For the financial year ended 31 March 2023, the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The Members have not required the Charity to obtain an audit of its accounts for the year in question in accordance with section 476. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements have been prepared in accordance with the special provisions of Part VII of the Companies Act 2006 relating to small companies.

The notes on pages 10 to 20 form part of these accounts.

These financial statements were approved by the trustees on xx November 2023 and signed on its behalf by:

S G Trafford - Director and Trustee

8

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Cash Flow Statement

For the year ended 31 March 2023

Note
Net cash provided/ (used in) by
operating activities
20
Cash flows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents in
the year
Cash and cash equivalents at beginning of
the year
Cash and cash equivalents at end of the
year
21,22		 £
£
116,150
3,538
3,538
119,688
230,223
£ 349,911
2023		 £
£
(49,762)
47
47
(49,715)
279,938
£ 230,223
2022		 £
£
(49,762)
47
47
(49,715)
279,938
£ 230,223
2022
(49,715)
279,938
£ 230,223

The notes on pages 10 to 20 form part of these accounts.

9

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts

For the year ended 31 March 2023

1 General Information

The company is a private company limited by guarantee. The members are the Trustees. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. The company is incorporated and registered in England and Wales and is a public entity (no. 07758027).

The address of its registered office is: 39 Aberdeen Walk, Scarborough, North Yorkshire, YO11 1BD.

2 Accounting Policies

2.1 Basis of preparation of accounts

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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Age UK North Yorkshire Coast & Moors meets the definition of a public benefit 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(s).

The charitable company 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.

2.2 Going concern policy

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist.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.

2.3 Fund accounting

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.

10

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts

For the year ended 31 March 2023

2.4 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.

Grant income

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.

Legacies

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.

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'.

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.

2.5 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.

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.

11

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts For the year ended 31 March 2023

2.5 Expenditure (continued)

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.

2.6 Irrecoverable VAT

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

2.7 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

2.8 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.

2.9 Leases

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

2.10 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.

2.11 Taxation

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

12

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts

For the year ended 31 March 2023

3. Donations and Legacies

Donations
Legacies
Grants
Age UK England
National Lottery Community Fund
Government Grants
Government COVID Support
Other Grants
Restricted income in 2022 from grants was
Charitable Activities
Contracts
Other Income from Charitable Activities		 Unrestricted
£
4,899
55,994
5,750
-
25,676
-
63,855
£ 156,174
£117,570.
25,193
353
£ 25,546		 Restricted
£
10
-
4,500
148,871
65,636
-
42,035
£ 261,052
289,333
-
£ 289,333		 2023
£
4,909
55,994
10,250
148,871
91,312
-
105,890
£ 417,226
314,526
353
£ 314,879		 2022
£
1,955
-
14,750
50,000
17,756
70,669
96,652
£ 251,782
167,530
4,920
£ 172,450

4. Charitable Activities

Restricted income in 2022 from charitable activites was £154,633.

5. Other Trading Activities

Shop Income
£ 119,445
£ -
Restricted income from other trading activities in 2022 was £nil.
Investment Income
Deposit account interest
3,538
-
Income from trading subsidiary
-
-
£ 3,538
£ -		 £ 119,445
3,538
-
£ 3,538		 £ 91,186
47
2,650
£ 2,697

6. Investment Income

Restricted income from investment income in 2022 was £nil.

13

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts

For the year ended 31 March 2023

7. Other Income
Unrestricted
Restricted
£
£
Rental income
203
-
DWP Kickstart
4,177
-
Other income
9,961
-
£ 14,341
£ -
Restricted income from other income in 2022 was £nil.
8. Other trading activities - costs
Staff costs
54,961
-
Direct shop costs
11,016
-
Property shop costs
43,294
-
Other costs
6,904
-
£ 116,175
£ -
Restricted expenditure from other trading activities in 2022 was £nil.
9. Charitable activities - costs
Staff costs
82,496
240,102
Recruitment and training
4,186
1,844
Activity direct costs
25,810
153,660
Property costs
6,809
36,823
Hire of plant and machinery
2,054
-
Motor and travel expenses
6,666
6,220
Other operational costs
7,296
22,294
Depreciation
3,074
29,458
Support costs (see below)
41,445
456
£ 179,836
£ 490,857		 2023
£
203
4,177
9,961
£ 14,341
54,961
11,016
43,294
6,904
£ 116,175
322,598
6,030
179,470
43,632
2,054
12,886
29,590
32,532
41,901
£ 670,693		 2022
£
1,649
29,115
3,050
£ 33,814
45,177
-
34,282
10,243
£ 89,702
199,372
7,289
126,721
28,464
430
5,198
24,057
32,644
56,471
£ 480,646

Restricted expenditure from charitable activites in 2022 totalled £313,667 of which £nil was in support costs.

Support costs
Staff costs
Professional & registration fees
Governance costs
- Trustee expenses
- Independent Examiner's Fee		 28,024
9,767
54
3,600
£ 41,445		 -
456
-
-
£ 456		 28,024
10,223
54
3,600
£ 41,901		 22,542
30,329
-
3,600
£ 56,471

14

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts

For the year ended 31 March 2023

10. Staff Costs
Salaries
Social Security Costs
Pension Costs		 2023
£
373,151
26,062
6,370
£ 405,583		 2022
£
250,471
13,048
3,572
£ 267,091

No employee earned over £60,000 during the year.

The key management personnel of the Charitable Company comprise the Trustees and the Chief Executive Officer. The total employee benefits of the key management personnel (including employer NIC and pension costs), with only the Chief Executive Officer being paid, were £54,631 (2022 - £44,789).

The pension contributions were paid into a defined contribution scheme.

Number of employees

The full time equivalent number of staff as at 31 March 2023 was 25 (2022 - 12.6).

The average monthly number of employees during the year was as follows:
Full time
Part time		 2023
14
9
23		 2022
9
8
17

The Charitable Company benefits greatly from the contribution of volunteers. Volunteers bring their skills and expertise to the organisation.

11. Related Party Transactions

Trustees' transactions

No remuneration was paid to any of the trustees (2022: £nil).

One trustee was reimbursed expenses for travel to meetings totalling £54 (2022: £nil).

Other related party transactions

There were no other related party transactions for the year ended 31 March 2023 (2022: £nil).

15

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts For the year ended 31 March 2023

12. TANGIBLE FIXED ASSETS

Improvements
Fixtures,
to Leashold Fittings and
Property
Equipment
Cost
£
£
At 1 April 2022
195,999
6,840
At 31 March 2023
195,999
6,840
Depreciation
At 1 April 2022
77,000
3,026
Charge for year
28,000
570
At 31 March 2023
105,000
3,596
Net Book Amounts At
31 March 2023
£ 90,999
£ 3,244
31 March 2022
£ 118,999
£ 3,814		 Motor
Vehicles
£
7,600
7,600
3,640
1,900
5,540
£ 2,060
£ 3,960		 Computer
Equipment
£
13,155
13,155
8,760
2,062
10,822
£ 2,333
£ 4,395		 Total
£
223,594
223,594
92,426
32,532
124,958
£ 98,636
£ 131,168

13. Investments

The Charity is the sole member of the company Age UK Scarbourgh & District Trading Limited which is a sole member company limited by guarantee and incorporated in England and Wales.The subsidiary provided some paid for services to older people in and around Scarborough & District in the year ended 31 March 2023. No monies were donated to the charity in the year (2022 - £81).

A summary of the results of the subsidiary is shown below:

Turnover
Cost of sales
Gross profit
Other operating income
Administrative expenses
Profit before donations to charity
The aggregate of the assets, liabilities and funds was:
Assets
Liabilities
Funds		 2023
£
23,480
(42,153)
(18,673)
106
(4,562)
£ (23,129)
1,541
(23,668)
£ (22,127)		 2022
£
7,390
(5,682)
1,708
3,500
(5,127)
£ 81
15,756
(14,754)
£ 1,002

16

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts For the year ended 31 March 2023

14. Debtors
Amounts owed from Subsidiary Undertaking
Accrued Income
Prepayments
15. CREDITORS: amounts falling due within one year
Trade creditors
Other taxes and social security costs
Accruals
Deferred Income
Deferred Income:
Deferred Income at 1 April 2022
Resources deferred in the year
Amounts released from the previous year
Deferred Income as at 31 March 2023
16. Leasing agreements
Within one year
Between one and five years
Minimum lease payments under non-cancellable operating leases
fall due as follows:		 2023
£
19,443
86,075
15,698
£ 121,216
2023
£
32,497
8,996
8,729
50,500
£ 100,722
£
992
50,500
(992)
£ 50,500
2023
£
37,245
84,490
£ 121,735		 2022
£
13,705
23,395
12,157
£ 49,257
2022
£
13,833
4,503
4,840
992
£ 24,168
2022
£
43,755
128,053
£ 171,808

17

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts For the year ended 31 March 2023

17. Analysis of net assets between funds

Unrestricted
Funds
£
Fixed Assets
5,409
Current Assets
376,421
Current Liabilities
(95,222)
At 31 March 2023
£ 286,608
Unrestricted
Funds
£
Fixed Assets
8,483
Current Assets
278,268
Current Liabilities
(23,176)
At 31 March 2022
£ 263,575		 Restricted
Funds
£
93,227
94,706
(5,500)
£ 182,433
Restricted
Funds
£
122,685
1,212
(992)
£ 122,905		 2023
Total
Funds
£
98,636
471,127
(100,722)
£ 469,041
2022
Total
Funds
£
131,168
279,480
(24,168)
£ 386,480

18. Unrestricted funds - movement

Unrestricted Funds
Unrestricted Funds
Unrestricted Funds		 Balance at
01/04/22
£
£ 263,575
Balance at
01/04/21
£
£ 240,530		 Income
£
£
£ 319,044
Income
£
£
£ 279,726
£ (256,681)
Expenditure
Expenditure
£ (296,011)		 Transfers
£
-
Transfers
£
-		 Balance at
£
£ 286,608
31/03/23
Balance at
£
£ 263,575
31/03/22

18

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts

For the year ended 31 March 2023

19. Restricted funds - movement

Aberdeen walk
refurbishment
Cloth Works van
Community support officer
Community grants - Employability
Employability 50 plus
Health and wellbeing
MCST Dementia
National lottery healthier
communities
SeeCHANGE
Social prescribing
Van - Rural
Veteran support
Aberdeen walk
refurbishment
Cloth Works van
Employability 50 plus
Health and wellbeing
MCST Dementia
National lottery healthier
communities
Service manager
Social prescribing
Veteran support		 Balance at
01/04/22
£
120,080
2,605
-
-
-
-
-
-
-
-
-
220
£ 122,905
Balance at
01/04/21
£
148,289
3,855
-
7,648
-
-
122
3,141
1,314
£ 164,369		 Income
£
£
-
(28,208)
-
(1,250)
60,000
(60,000)
32,094
(32,094)
5,636
(5,636)
4,500
(3,489)
21,223
(21,223)
74,000
(60,765)
77,371
(26,307)
257,239
(241,343)
8,000
-
10,322
(10,542)
£ 550,385
Income
£
£
-
(28,209)
-
(1,250)
20,000
(20,000)
35,066
(42,714)
1,350
(1,350)
50,000
(50,000)
13,125
(13,247)
134,685
(137,826)
17,977
(19,071)
£ 272,203
Expenditure
£ (313,667)
£ (490,857)
Expenditure		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
£ -
Transfers
£
-
-
-
-
-
-
-
-
-
£ -		 Balance at
£
91,872
1,355
-
-
-
1,011
-
13,235
51,064
15,896
8,000
-
31/03/23
£ 182,433
Balance at
£
120,080
2,605
-
-
-
-
-
-
220
31/03/22
£ 122,905

Aberdeen Walk refurbishment and Cloth Works van - These funds relate to monies raised for the purchase of fixed assets which have since been capitalised. Depreciation of these assets is allocated each year.

Community support officer - Monies received for an officer to assist in getting people back into the community post COVID.

19

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Notes to the Accounts For the year ended 31 March 2023

19. Restricted funds - movement

Community grants - Employability and Employability 50 plus - Monies received for enabling people into employment.

Health and Wellbeing - Monies received to run projects to improve health of older people.

MCST Dementia - Monies received to help support individual and families suffering from Dementia.

National lottery healthier communities - Monies recevied to improve physical health of older and vulnerable people.

SeeCHANGE - Monies recevied for the health equality intiative.

Social prescribing - Monies received by the NHS to provide a service to bridge the gap between clinical and non clinical services.

Van - Rural - Monies received from Ryedale Council for a contribution to the purchase of a van.

Veteran support - Monies received from the Armed Forces for a provision of a support service for Veterams in the area.

20. Reconciliation of net income/(expenditure) to net cashflow from operating activities

Net income for the reporting period
Adjustments for:
Depreciation charges
Interest received
Increase in trade and other debtors
Increase/(Decrease) in trade and other creditors
Net cash provided by operating activities
21.
Cash in hand
Total cash and cash equivalents
22. Analysis of changes in net debt
Cash
Analysis of cash and cash equivalents		 At
01/04/2022
£
230,223
£ 230,223		 2023
£
82,561
32,532
(3,538)
(71,959)
76,554
£ 116,150
349,911
£ 349,911
Cash-flows
£
119,688
£ 119,688		 2022
£
(18,419)
32,644
(47)
(28,380)
(35,560)
£ (49,762)
230,223
£ 230,223
At
31/03/2023
£
349,911
£ 349,911

20

The following pages do not form part of the statutory accounts.

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Detailed Income and Expenditure Analysis For the year ended 31 March 2023

Income
Donations and Legacies
Donations
Legacies
Grant Income
Age UK England
National Lottery Community Fund
Government Grants
Government COVID Support
Other Grants
Charitable Activities
Contracts
Other income from charitable activities
Other Trading Activities
Shop income
Investment Income
Deposit account interest
Income from trading subsidiary
Other Income
Rental income
DWP Kickstart
Other income
Total Income		 £
£
4,909
55,994
10,250
148,871
91,312
-
105,890
417,226
314,526
353
314,879
119,445
119,445
3,538
-
3,538
203
4,177
9,961
14,341
869,429
2023		 £
£
1,955
-
14,750
50,000
17,756
70,669
96,652
251,782
167,530
4,920
172,450
91,186
91,186
47
2,650
2,697
1,649
29,115
3,050
33,814
551,929
2022		 £
£
1,955
-
14,750
50,000
17,756
70,669
96,652
251,782
167,530
4,920
172,450
91,186
91,186
47
2,650
2,697
1,649
29,115
3,050
33,814
551,929
2022
551,929

Age UK North Yorkshire Coast & Moors

(previously known as Age UK Scarborough & District)

Detailed Income and Expenditure Analysis For the year ended 31 March 2023

Expenditure
Other Trading Activities
Salaries
Rent
Rates
Heat and light
Direct shop costs
Insurance
Telephone
Other expenses
Charitable Activities
Salaries
Social security costs
Pension costs
Subcontractors
Equipment hire
Rent
Rates and water
Heat and light
Repair and maintenance
Insurance
Motor vehicle expenses
Travel expenses
Telephone
Office costs
Licences and subscriptions
Activity expenses
Recruitment and training
Finance costs
Depreciation
Support Costs
Salaries
Legal and professional fees
Trustee expenses
Independent examiners fees
Total Expenditure
Net Income/ (Expenditure)		 £
£
54,961
30,198
559
12,276
11,016
261
2,018
4,886
116,175
290,166
26,062
6,370
3,018
2,054
14,933
638
8,310
13,852
5,899
867
12,019
5,898
18,097
1,257
179,470
6,030
1,320
32,532
628,792
28,024
10,223
54
3,600
41,901
786,868
£ 82,561
2023		 £
£
45,177
25,505
800
5,733
-
2,244
1,579
8,664
89,702
182,752
13,048
3,572
-
430
18,000
739
2,800
2,708
4,217
1,800
3,398
4,813
17,103
2,141
126,721
7,289
-
32,644
424,175
22,542
30,329
-
3,600
56,471
570,348
£ (18,419)
2022		 £
£
45,177
25,505
800
5,733
-
2,244
1,579
8,664
89,702
182,752
13,048
3,572
-
430
18,000
739
2,800
2,708
4,217
1,800
3,398
4,813
17,103
2,141
126,721
7,289
-
32,644
424,175
22,542
30,329
-
3,600
56,471
570,348
£ (18,419)
2022
570,348
£ (18,419)