AGE CONCERN TODMORDEN
Charity Number 1145993 Company Number 07881902
Annual Report and Financial Statements
For the year ended 31 March 2021
Contents Page Trustees` report 1-3 Financial Statement 4 Balance sheet 5 Notes to the accounts 6-7
AGE CONCERN TODMORDEN
Trustees’ report for the year ended March 31[st] 2021
Trustees
Sarah Pennie Chair
Ruth Goldthorpe Secretary
Keith Coates Treasurer
Barbara Rudman
Paul Suthers
Godfrey Pickles
Stephanie Booth
Registered Office
11 Burnley Road ,Todmorden, West Yorkshire OL14 7BU
Bankers
TSB plc
Structure, governance and management
The charity is a company limited by guarantee and was formed on 14[th] December 2011.It is governed by a Memorandum and Articles of Association.The liability of the members in the event of the company being wound up is limited to a sum of £1.
Method of recruitment and appointment of trustees
The trustees of the charity are also directors for the purposes of company law and are appointed by the members at the AGM.
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Trustees report for the year to March 31[st ] 2021 ( continued)
Objectives and activities
The Charity’s objects
The objects for which the charity is established are to promote the following purposes for the benefit of older people in and around Todmorden(“the area of benefit”).
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i) Preventing or relieving the poverty of older people
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ii) Advancing education
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iii) Preventing or relieving sickness, disease or suffering of older people(whether emotional,mental or physical
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iv) Promoting equality and diversity
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v) Assisting older people in need by reason of ill health disability, financial; hardship, social exclusion or other disadvantages and
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vi) Such other charitable purposes to the benefit of older people as the Trustees may from time to time decide the outcome of this being the promotion of the well-being of older people
The charity’s main activities
A range of activities and services are provided to improve the physical and mental well-being of older people in the Todmorden area.Some of the main activities are providing lunch clubs and afternoon teas and arranging trips for the housebound.Some limited advice and assistance is also given.
Public benefit statement
In setting objectives and planning activities the Trustees give serious consideration to the Charity Commission’s general guidance on public benefit and in particular on provision of services for elderly persons.
Financial review
The year was dominated by the covid crisis and the lockdown.Despite the need for restrictions in the office advice and support services were delivered throughout the year.However,lunch clubs,trips and other social activities were suspended;although it was possible to arrange Christmas parcel deliveries.
The result of suspension of services was a significant reduction in expenditure from about £44400 to about £36800.In contrast, despite the reduction in income from activities, there was an overall increase in income from £45686 to £47780.That resulted from an increase in donations and two large covid related grants whilst grants from the Abraham Ormerod fund,and Calderdale and Todmorden Councils continued.
Overall there was a surplus of almost £11000 on the year. As a result there were total funds of £52740 at the end of the year which included £16250 held in reserve in accordance with Charity Commission guidelines.
Reserves policy
The trustees ensure that there are adequate reserves to meet any winding up costs should the charity need to close.They are satisfied that there are more than adequate reserves for that purpose.
Reserves are needed to:
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Meet contractual commitments should the company have to close.This includes redundancy, amounts due to creditor and commitments under leases .
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To meet unexpected costs such as break down of essential office equipment, essential staff cover
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for illnessand legal costs for defending the trust`s interests
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To replace equipment.
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To ensure the continuation of a quality service to the elderly of Todmorden area.
Statement of Trustee’s responsibilities
The trustees, who are also the directors for the purpose of company law,are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the affairs of the company and of the incoming resources and application of resources,including the income and expenditure for the year. In these financial statements the trustees are required to:
select suitable accounting policies and apply them consistently
observe the methods and principles in the Charities SORP
make judgements and estimates that are reasonable and prudent
state whether applicable UK accounting standards have been followed, subject to any material
prepare the accounts on an ongoing basis unless it is inappropriate to presume the company will continue in operation
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial accounts comply with the Companies Act 2006.They are also responsible for safeguarding the assets of the charity and taking reasonable steps for prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP FRS102) and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
The accounts have been examined in accordance with Charity Commission guidleines for charities with a gross incomeof less than £250000 and it was found that all necessary accounting records were kept;the accounts agree with the recordsand there were no matters of material concern.
Signed on behalf of the board of trustees:
Signed (Trustee and Treasurer)
Age Concern Todmorden
Statement of Financial activities (including summary income and expenditure account) for the year ended March 31st 2021
Notes 2021 2021 2021 2020 Unrestricted Restricted Tota1 Total funds funds funds funds £ £ £ £ Income Grants 37761 3686 41447 30324 Donations 5179 5179 2304 Fundraising 245 245 2266 Tai Chi 540 540 2472 Lunch Club 354 354 7078 Trips - 963 Other Activities 264 Bank interest 15 15 15 _______________ Total income 44094 3686 47780 45686 Expenditure Salaries inc NIC 22560 300 22860 20420 Pensions 994 994 1044 Rent 4500 4500 4500 Water Rates 214 214 194 Insurance 228 228 429 Light and heat 1299 1299 793 Cleaning 294 294 335 Advertising and publicity 227 207 434 1003 Telephone and broadband 708 708 579 General expenses/maintenance 536 280 816 960 Tablets - 593 Lunch Club-Meal - 1528 1528 6776 - Room Hire 42 508 550 810 - Taxis 183 183 1341 Tai Chi -Tutor 120 120 1290 -Room Hire 23 23 609 Other Activities 420 680 1100 1182 Trips - 1055 Other 338 338 400 Grant Refund 500 500 Membership fees/subscriptions 96 96 106 ______________ Total Expenditure 33099 3686 36785 44407 Fund balances brought forward 41985 - 41985 40706 Fund balances carried forward 52980 - 52980 41985 All incoming and expended resources derive from continuing activities
Age Concern Todmorden
Balance Sheet at March 31[st] 2021
2021 2021 2021 2020 Unrestricted Restricted Tota1 Total £ £ £ £ Current assets Cash at bank and in hand 53030 53030 42135 Total current assets 53030 53030 42135 Current Liabiities: Amounts falling due within one year Creditors and accruals 286 596 Total current liabilities 286 596 Net assets 52744 41719 Funds Unrestricted funds 53030 52744 41719 Restricted funds - - ______________
For the year ending March 31[st] 2020 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to small companies’ regime and with FRS 102 (effective January 2015).
The financial statements were approved by the board of trustees on ~/.20[th] July 2021
Signed
Name Keith G. Coates (Trustee and Treasurer)
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Age Concern Todmorden Notes to the accounts for year ended March 31st 2021
1.Accounting policies
Basis of accounting
Going Concern
The trustees are satisfied that there are no material uncertainties about the charity’s ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources and the monetary value can be measured with sufficient reliability.
Grants and Donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is most probable that there is a legal obligation to pay out the resources and the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rate relief and is generally exempt from income tax and capital gains tax but not from VAT which is included in the cost of items to which it relates.
Pensions
A defined contribution scheme is operated for the benefit of its employees and contribution costs are shown in the year they are payable.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in accordance with the objectives of the charity
Restricted funds are subject to restrictions imposed by the donor on their use.
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Age Concern Todmorden
Notes to the accounts for the year ended March 31[st] 2021 (continued)
2.Grants 2021 2021 2021 2020 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ Covid Discretionary Grant 10000 10000 Lottery Covid Response 9606 9606 Community Foundation 2776 2776 CMBC-Adult Health and Social Care 2606 2606 2507 Calderdale MBC 780 780 Abraham Ormerod 15000 15000 15000 Coop Local Community Fund 379 379 8853 Todmorden Town Council 300 300 3450 Happy to Chat 245 Hebden Community Association 277 ____________ 37761 3686 41447 30332 3.Staff costs and numbers 2021 2020 £ £ Gross salaries 22860 20420 Pensions 994 1044 The average number of employees during the year was 2 There were no employees with emoluments above £60,000 Defined contribution pension scheme Cost of the scheme to the charity 994 1044
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EXAMINER`S REPORT
AGE CONCERN TODMORDEN
Independent examiner`s report to the trustees of The Fielden Centre Association on the accounts for the year ended 31 October 2020
I am satisfied that the charity is not subject to an audit under company law and is eligible for independent examination I have examined the accounts in accordance section 145 of the 2011 Act following procedures set out in the General Directions given by the Charity Commission under section 145(5)(b) of the2011 Act.
I have reviewed the accounting records and compared the accounts presented with those records. This does not cover all the evidence required in an audit and, therefore, no opinion is given as to whether the accounts present “ a true and fair view” and the report is limited to the matters set out below.
As a result of the examination no matter has come to my attention which:
1.gives reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006 and to prepare accounts which accord with the accounting records and comply with the Charities SORP (FRS102) have not been met
or
- to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed
Andrew J Robertson