2022-03-31-accounts

AGE CONCERN TODMORDEN

Charity Number 1145993 Company Number 07881902

Annual Report and Financial Statements

For the year ended 31 March 2022

Contents Page Trustees` report 1-3 Financial Statement 4 Balance sheet 5 Notes to the accounts 6

AGE CONCERN TODMORDEN

Trustees’ report for the year ended March 31[st] 2022

Trustees

Barbara Rudman Chair

Keith Coates Secretary and Treasurer

Sarah Pennie

Ruth Goldthorpe

Keith Coates T

Paul Suthers

Godfrey Pickles Stephanie Booth Susan Myles

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 ending March 31st 2022 ( 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”).

• i) Preventing or relieving the poverty of older people

• ii) Advancing education

• iii) Preventing or relieving sickness, disease or suffering of older people(whether emotional,mental or physical

• iv) Promoting equality and diversity

• v) Assisting older people in need by reason of ill health disability, financial; hardship, social exclusion or other disadvantages and

• 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 covid crisis continued to have an impact on services and activities particularly in the first half of the year. However in the second half there was a steady return of normal services such as lunch clubs and tai chi classes; the introduction of exercise classes and the taking over of the running of coffee mornings.

In financial terms there was a deficit of about £8000 whereas there had been a surplus in the previous year but the latter reflected an exceptionally high level of grants in the previous year.Excluding grants income ,although not back to pre-covid levels ,was significantly higher than in the previous year.

The £44700 carried forward into 2022-23 was satisfactory and provided a sound basis for the year. Taking a longer tem view ,however, it must be noted that there is heavy reliance on the Ormerod grant of £15000 which expires in 2024.

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.

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Reserves are needed to:

1. Meet contractual commitments should the company have to close.This includes redundancy, amounts due to creditors and commitments under leases .

2. 2 To meet unexpected costs such as break down of essential office equipment, essential staff cover for illnessand legal costs for defending the trust`s interests

3. To replace equipment.

4. 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 (Chair of Trustees)

Barbara Rudman Date

Age Concern Todmorden

Statement of Financial activities (including summary income and expenditure account) for the year ended March 31st 2022

2022 2022 2022 2021 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ Income Grants 15000 1543 16543 41447 Donations 6970 6970 5179 Fundraising 210 210 245 Tai Chi 2340 2340 540 Lunch Club 1728 1728 354 Exercise Classes 1990 1990 Coffee Mornings 810 810 Bank Interest 16 16 15 _______ Total Income 29064 1543 30607 47780 Expenditure Salaries inc NI 22303 22303 22860 Pensions 966 966 994 Rent 4500 4500 4500 Water Rates 219 219 214 Insurance 186 186 228 Light and Heat 1118 1118 1299 Advertising and Publicity 520 520 434 Telephone & Broadband 631 631 708 General Exp./maintenance 889 360 1249 1110 Lunch Club 1325 1183 2508 2261 Coffee Morning 490 490 - Tai Chi 1722 1722 143 Exercise Classes 2145 2145 1100 Sundries 109 109 338 Membership Fees/subscriptions 96 96 96 _______ Total Expenditure 37219 1543 38762 36785 Fund balances brought forward 52980 41985 Fund Balances carried forward 44825 52980 All incoming and expended resources derive from continuing activities

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Age Concern Todmorden

Balance Sheet at March 31[st] 2022

2022 2022 2022 2021 Unrestricted Restricted Tota1 £ £ £ £ Current assets Cash at bank and in 44825 52980 hand Total current assets 44825 52980 Current Liabiities: Amounts falling due within one year 340 286 Total Current Liabilities 340 286 Net assets 44485 52744 Funds Unrestricted funds 44485 52744 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 6[th] September 2022

Signed

Name Keith G. Coates (Trustee and Treasurer)

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Age Concern Todmorden Notes to the accounts for year ended March 31st 2022

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.

Staff costs and numbers 2022 2021 £ £ The average number of employees during the year was 2 There were no employees with emoluments above £60,000 Gross Salaries 23303 22890 Defined contribution pension scheme

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EXAMINER`S REPORT

AGE CONCERN TODMORDEN

Independent examiner`s report to the trustees of Age Concern Todmorden on the accounts for the year ended 31March 2022

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 the 2011 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

1. to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed

Andrew J Robertson