## 

|||Page|
|---|---|---|
|Group trustees' Idirectors'<br>report||I —53|
|Independent|auditor's<br>report|54- 57|
|Consolidated|statement offinancial activities|58|
|Consolidated|balance sheet|59|
|Consolidated|statement ofcash flows|60|
|Notes to the|financial<br>statements|61-81|





## 

## 

|Registered|Registered|Charity|No:|No:|1145196||
|---|---|---|---|---|---|---|
|Company||Registration||No:|07267880||
|Head Office:|||||10Church<br>Lane||
||||||Oldham||
||||||OL1 3AN||
|Trustees|/|Directors:|||Alexander<br>Boyd|(Chairman)|
||||||Zoe Ashton<br>(Vice Chairman)||
||||||Stuart Bailey (Treasurer)||
||||||Jill Read||
||||||Clint Elliott||
||||||John Thomson||
|Chief Executive:|||||Yvonne Lee||
|Company||Secretary:|||James Richardson||
|Principal|8|Registered||Office:|10Church Lane||
||||||Oldham||
||||||OL1 3AN||
|Auditors:|||||Chadwick<br>and Company||
||||||Chartered<br>Accountants||
||||||Statutory<br>Auditors||
||||||Capital House||
||||||272 Manchester|Road|
||||||Droylsden||
||||||Manchester||
||||||M43 6PW||
|Solicitors:|||||North Ainley||
||||||34-36 Clegg Street||
||||||Oldham||
||||||OL1 1PS||





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||||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds||funds|2021|2020|
||||general|designated||||
|||Notes||||||
|Inc me and e<br>wmen|from|||||||
|Donations<br>and legacies|||312,082|||312,082|11,893|
|Charitable<br>activities|||377,452||1,229,691|1,607,143|I 766 442|
|Activities for generating|funds||426,516|||426 516|848465|
|Investments|||2,025|||2,025|3,898|
|Trading compensation|||79,187|||79,187|11,945|
|Total income and endowments|||1,197,262||1,229,691|2,426,953|2,642,643|
|enditure on:||||||||
|Raising funds|||216|||216|726|
|Charitable<br>activities|||304,090||1,221,811|1,525,901|1,817,217|
|Other|||624,644|||624,644|705,352|
|Total resources expended|||928,950||1,221,811|2,150,761|2,523,295|
|Net gains/(losses)<br>on||||||||
|investments||14|33,937|||33,937|(27,389)|
|Net incoming resources||||||||
|before transfers|||302,249||7,880|310,129|91,959|
|Gross transfers<br>between|funds||23,251|(37,916)|14,665|||
|Net movement<br>in funds|||325,500|(37,916)|22,545|310,129|91,959|
|Fund balances at I April|2020||1,350,193|679,559|46,503|2,076,255|1,984,296|
|Fund balances at 31March||||||||
|2021|||1,675,693|641,643|69,048|2,386,384|2,076,255|





## 

## 

## 

|||||2021|2020|2021|2020|
|---|---|---|---|---|---|---|---|
||||Notes|Groupf|Group|Company|Company|
|Fixed assets||||||||
|Tangible assets|||15|1,015,045|1,076,315|1,015,045|1,076,315|
|Investments|||16|290,755|256,819|290,760|256,824|
|||||1,305,800|1,333,134|1,305,805|1,333,139|
|Current assets||||||||
|Stocks|||17|2,500|3,500|2,500|2,500|
|Debtors|||18|147,580|356,490|217,226|377,268|
|Cash at bank and in||hand|19|1,147,751|572,032|1,057,079|545,730|
|||||1,297,831|932,022|1,276,805|925,498|
|Creditors:|amounts||20|||||
|falling due|within|one||||||
|year||||217,247|188,901|196,226|182,381|
|Net current|assets|||1,080,584|743,121|1,080,579|743,116|
|Total assets less current|||liabilities|2,386,384|2,076,255|2,386,384|2,076,255|
|Income funds||||||||
|Restricted funds|||21|69,048|46,503|69,048|46,503|
|Designated|funds||22|641,643|679,559|641,643|679,559|
|Unrestricted|funds||22|1,675,693|1,350,193|1,675,693|1,350,193|
|||||2,386,384|2,076,255|2,386,384|2,076,255|



## 



## 

## 

|||2021|2020||
|---|---|---|---|---|
||Notes||||
|Cash flows from operating|activities||||
|Cash generated<br>from operations|27|575,694||4,782|
|Investing<br>activities|||||
|Purchase oftangible fixed assets<br>Interest received||(2,000)<br>2,025|(18,783)<br>3,898||
|Net cash generated<br>from/(used<br>in)|||||
|investing<br>activities||25||(14,885)|
|Net cash used in financing|activities||||
|Net increase/(decrease)<br>in cash and cash|||||
|equivalents||575,719||(10,103)|
|Cash and cash equivalents<br>at beginning ofyear||572,032||582,135|
|Cash and cash equivalents|at end ofyear|1,147,751||572,032|





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||||2021|2020|
|---|---|---|---|---|
|Donations<br>Coronavirus|and gifts<br> job retention|scheme|9,581<br>302,501|11,893|
||||312,082|11,893|





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## 

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## 

|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2021|2020|
|Shop income||||395,617||395,617|773,798|
|Trading|subsidiaries|income||30,899||30,899|74,667|
|Activities for generating|||funds|426,516||426,516|848,465|
|For the|year ended 31March|||||||
|2020||||848,465|||848,465|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|2021|2020|
|Net loss|on disposal|oftangible fixed assets||5,912||5,912||
|Shop expenditure||||587,777||587,777|630,764|
|Community<br>cafe<br>Trading subsidiaries||expenditure||56<br>30,899||56<br>30,899|2,044<br>72,544|
|||||624,644||624,644|705,352|
|For the|year ended|31|March|||||
|2020||||705,352|||705,352|





## 

## 

## 

|Subsidiaries<br>income and expenses||||||
|---|---|---|---|---|---|
||Age UK|George||||
||Oldham|Street|More|Total|Total|
||Trading Ltd|Chapel Ltd|Mobile Ltd|2021|2020|
|Turnover<br>from commissions/sales<br>Bank plus other interest||30,899||30,899|74,667|
|Total income||30,899||30,899|74,667|
|Total expenditure||(30,899)||(30,899)|(72,544)|
|Net income before~aid|||||2,123|



||||2021|2020|
|---|---|---|---|---|
||Income from listed investments<br>Interest receivable||1,167<br>858|2,791<br>1,107|
||||2,025|3,898|
|7|Raising funds||||
||||2021|2020|
||Fun<br>aisin<br>an|ublici|||
||Fundraising<br>agents||216|726|
||||216|726|





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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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||||2||||CQ||||0|2||0|
|||||OD|||||||W|D|Ctl||





## 

## 

## 

|9|Support|costs||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Governance|2021|2020|
||||||||costs|||
||Audit fees||||||14,000|14,000|14,000|
||||||||14,000|14,000|14,000|
||Analysed|between||||||||
||Charitable|activities|||||14,000|14,000|14,000|
|10|Auditor's|remuneration||||||||
||The analysis ofauditor's|||remuneration||is as follows:||||
||Fees payable to the charity's||||auditor and associates:|||2021|2020|
||Audit ofthe charity's||annual accounts|||||14,000|14,000|
|11|Trustees|||||||||





## 

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## 

## 

|The average|monthly<br>number ofemployees<br>during the|year was:||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Operational<br>programmes<br>Management<br>and administration||80<br>10|86<br>10|
|||90|96|
|Employment|costs|2021|2020|
|Wages and salaries<br>Social security costs<br>Other pension costs||1,398,729<br>87,426<br>44,355|1,482,653<br>96,228<br>45,903|
|||1,530,510|1,624,784|



## 



## 

## 

## 

## 

||||2021|2020|
|---|---|---|---|---|
|Revaluation|of|investments|33,937|(27,389)|



## 

|GROUP||Freehold|Long|Office &|Fixtures 8r|Motor|Total|
|---|---|---|---|---|---|---|---|
|||property|leasehold|daycare|fittings|vehicles||
||||property|equipment||||
|Cost||||||||
|At<br>1 April 2020<br>Additions<br>Disposals||751,061|418,562|171,762|92,032<br>2,000<br>(8,250)|217,685|1,651,102<br>2,000<br>(8,250)|
|At 31March 2021||751,061|418,562|171,762|85,782|217,685|1,644,852|
|Depreciation<br>and||||||||
|impairment||||||||
|At 1April 2020<br>Depreciation<br>charged|in|82,416|75,375|155,049|65,037|196,910|574,787|
|the year<br>Eliminated<br>in respect|of|13,698|8,371|5,608|13,569|16,111|57,357|
|disposals|||||(2,337)||(2,337)|
|At 31 March 2021||96,114|83,746|160,657|76,269|213,021|629,807|
|Carrying<br>amount||||||||
|At 31March 2021||654,947|334,816|11,105|9,513|4,664|1,015,045|
|At 31March 2020||668,645|343,187|16,713|26,995|20,775|1,076,315|





## 

## 

## 

||||||||(Continued)|
|---|---|---|---|---|---|---|---|
|COMPANY||Freehold|Long|Office dt|Fixtures<br>dr|Motor|Total|
|||property|leasehold|daycare|fittings|vehicles||
||||property|equipment||||
|Cost||||||||
|At I April 2020<br>Additions<br>Disposals||751,061|418,562|171,762|92,032<br>2,000<br>(8,250)|217,685|1,651,102<br>2,000<br>(8,250)|
|At 31 March 2021||751,061|418,562|171,762|85,782|217,685|1,644,852|
|Depreciation<br>and||||||||
|impairment||||||||
|At 1April 2020<br>Depreciation<br>charged|in|82,416|75,375|155,049|65,037|196,910|574,787|
|the year<br>Eliminated<br>in respect|of|13,698|8,371|5,608|13,569|16,111|57,357|
|disposals|||||(2,337)||(2,337)|
|At 31March 2021||96,114|83,746|160,657|76,269|213,021|629,807|
|Carrying<br>amount||||||||
|At 31March 2021||654,947|334,816|11,105|9,513|4,664|1,015,045|
|At 31 March 2020||668,645|343,187|16,713|26,995|20,775|1,076,315|





## 

## 

## 

||Shares in|UK quoted|Total|
|---|---|---|---|
||subsidiaries|investments||
|Cost orvaluation||||
|At I April 2020<br>Valuation<br>changes||256,818<br>33,937|256,823<br>33,937|
|At 31 March 2021||290,755|290,760|
|Fair value||||
|At 31March 2021|5|290,755|290,760|
|At 31 March 2020|5|256,818|256,823|



## 

|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Stocks||||||2021|2020|2021|2020|
|||||||Group|Group|Company|Company|
|Finished|goods|and|goods|for|resale|2,500|3,500|2,500|2,500|
|||||||2,500|3,500|2,500|2,500|





## 

## 

|18|Debtors|||||||
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
||Amounts<br>falling due within|||one year:<br>Group|Group|Company|Company|
||Trade debtors<br>Amounts<br>due|from subsidiary||68,140|196,218|64,258|186,014|
||undertakings<br>Prepayments|and accrued income||79,440|160,272|75,872<br>77,096|33,415<br>157,839|
|||||147,580|356,490|217,226|377,268|
|19|Cash at bank and||in hand|||||
|||||2021|2020|2021|2020|
|||||Group|Group|Companyf|Company|
||Short term deposits<br>Cash and bank balances|||168,604<br>979,147|74,576<br>497,456|168,604<br>888,475|74,576<br>471,154|
|||||1,147,751|572,032|1,057,079|545,730|
|20|Creditors: amounts||falling due within one year|||||
|||||2021|2020|2021|2020|
|||||Group|Group|Company|Company|
||Other taxation and social security<br>Trade creditors<br>Other creditors<br>Accruals and deferred<br>income|||37,928<br>63,596<br>12,179<br>103,544|37,830<br>62,149<br>14,344<br>74,578|37,928<br>63,348<br>7,897<br>87,053|37,780<br>60,420<br>11,844<br>72,338|
|||||217,247|188,901|196,226|182,382|





## 

## 

## 

|||Movement<br>in funds|Movement<br>in funds|||
|---|---|---|---|---|---|
||Balance at 1|Incoming|Resources|Transfers|Balance at|
||April 2020|resources|expended|between|31March|
|||||funds|2021|
||||||f|
|Veterans<br>should not be forgotten<br>Daycare<br>Lunch clubs<br>Life story<br>Winter pressure<br>Ambition<br>forAgeing<br>Falls programme<br>Talking about my generation<br>Nutrition<br>&,hydration<br>Choosing the right care<br>Dementia care &support<br>Forum for age<br>Community<br>development<br>Out &about<br>Information<br>&advice<br>Care home reviews<br>PIP project|27,810<br>5,040<br>1,981<br>1,050<br>361<br>261|20,000<br>369,265<br>122,564<br>22,439<br>33,870<br>85,552<br>10,800<br>31,154<br>59,737<br>21,450<br>92,423<br>230,691|(20,000)<br>(369,265)<br>(124,226)<br>(25,963)<br>(33,870)<br>(6,447)<br>(93,257)<br>(5,040)<br>(12,799)<br>(32,911)<br>(59,737)<br>(1,050)<br>(361)<br>(261)<br>(21,450)<br>(92,423)<br>(230,691)|1,662<br>3,524<br>7,705<br>18<br>1,757|21,363|
|HandyVan<br>/ EON||39,873|(39,873)|||
|Shopping<br>services<br>Men in sheds|10,000|37,500<br>52,373|(37,500)<br>(14,687)||47,686|
||46,503|1,229,691|(1,221,811)|14,666|69,048|





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|||||Movement<br>in funds|Movement<br>in funds|Movement<br>in funds||
|---|---|---|---|---|---|---|---|
||||Balance at|Surplus for|Transfer to|Transfers|Balance at|
|||1|April 2020|year|restricted|between|31March|
||||||funds|funds|2021|
|Unrestricted<br>Designated|funds<br>funds||1,350,193<br>679,559|302,249<br>-|(14,665)<br>-|37,916<br>(37,916)|1,675,693<br>641,643|
||||2,029,752|302,249|(14,665)||2,317,336|



## 

|Analysis ofnet as|sets betwee|n<br>funds|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|Total|
|||funds|funds|funds|||
|||2021|2021<br>f|2021|2021|2020|
|Fund balances at 31|March||||||
|2021 are represented|by:||||||
|Tangible assets<br>Investments<br>Current assets/(liabilities)||1,015,045<br>290,756<br>369,892|641,643|69,048|1,015,045<br>290,756<br>1,080,583|1,076,315<br>256,818<br>743,121|
|||1,675,693|641,643|69,048|2,386,384|2,076,254|





## 

## 

## 

||2021|2020|
|---|---|---|
|Within one year<br>Between two and five years<br>In over five years|27,046<br>111,214|27,227<br>97,484<br>88,976|
||138,260|213,687|



## 

## 

|||2021|2020|
|---|---|---|---|
|||a||
|Aggregate|compensation|225,702|249,883|





## 

## 


|Details ofthe charity's<br>subsidiaries|at 31March|2021 are as follows:|||
|---|---|---|---|---|
|Name ofundertaking<br>and country <br>incorporation<br>or residency|of|Nature ofbusiness|Shares <br>Class|held<br>'/o|
|Age UK Oldham<br>Trading Limited<br>George Street Chapel Limited<br>More Mobile Limited|England<br>England<br>England|Liquidation<br>Events &tours<br>Liquidation|Ordinary<br>Ordmary<br>Ordinary|100.00<br>100.00<br>100.00|



|Name ofundertaking|Profit/|Capital and|
|---|---|---|
||(Loss)|Reserves|
|Age UK Oldham<br>Trading Limited|||
|George Street Chapel Limited|||
|More Mobile Limited|||



||During<br>the previous<br>year More Mobile<br>process. As at the balance sheet date this|and Age UK Oldham<br> process is ongoing.|Trading|Limited|started<br>the|formal<br>liquidation|
|---|---|---|---|---|---|---|
|27|Cash generated<br>from operations||||2021|2020|
||Surplus for the year||||310,129|91,959|
||Adjustments<br>for:||||||
||Investment<br>income recognised<br>in profit or loss<br>Loss on disposal oftangible<br>fixed assets<br>Fair value gains and losses on investments<br>Depreciation<br>and impairment<br>oftangible fixed assets||||(2,025)<br>5,913<br>(33,937)<br>57,357|(3,898)<br>27,389<br>61,227|
||Movements<br>in working<br>capital:||||||
||Decrease in stocks<br>Decrease/(increase)<br>in debtors<br>Increase in creditors||||1,000<br>208,911<br>28,346|1,434<br>(182,393)<br>9,064|
||Cash generated<br>from operations||||575,694|4,782|