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2022-03-31-accounts

REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2022

Charity Number 1159907

SEARCH - SERVICES FOR OLDER PEOPLE CIO

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 March 2022

Contents Page
Trustees annual report 1 to 7
Independent examiners report 8
Statement of Financial Activities (including 9
income and expenditure account)
Balance sheet 10
Statement of Cash flows 11
Notes to the financial statements 12 to 24

SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2022

The trustees are pleased to present their annual report together with the financial statements of the charity for the period ended 31 March 2022.

The financial statements comply with 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 (FRS 102) (effective October 2019).

1. Chair’s report year 2021-22

This year has seen Search once again adapt to the changing face of the pandemic and the impact of support services for friends of the charity. As Chair of the Trustees, I find I am in awe of how Search has continued to adapt and deliver services to the older people of the west of Newcastle and beyond. This has been accomplished through the skills and dedication of the Trustees, Staff and Volunteers. Throughout this year the impact of the pandemic on health and support services for older people has meant Search has continued to adapt, bringing some services back to pre-pandemic operation, while others have remained online. Despite all this, I have seen the work of Search continue to grow in strength, size, and reputation.

At its core Search offers a comprehensive advice and Information service, and runs a diverse programme of popular community activities, to support older people and provide inclusive opportunities from a simple tea and friendly ear to a range of programmed and organised events. This year we have seen an increase in demand for activities for exercise and movement, as we have re- opened our face to face services, the pandemic has highlighted the importance and value of mobility.

During the year there have been new challenges and new obstacles to overcome and it has been enormously satisfying at the end of the year to recognise the achievements.

Key challenges in 21/22 have been

2021/22 has challenged us all and Search under the leadership of Simon Luddington has responded positively.

A new funding officer was appointed this year, improving, and extending funding opportunities for Search.

We launched our new website and fresh new branding.

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SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2022

There has been a lot of hard work from Trustees, staff, and volunteers but I can also say there has been a lot of fun. The Vintage Fair in August and the conference in September gave older people an opportunity to share their experiences in the Pandemic and Search committed to sharing that learning among the networks in the city.

Significant new work for 2022/23 will be

Finally, I would like to recognise and thank, our Chief Officer Simon Luddington. Simon has been an exceptional leader and continues to bring a new vitality to SEARCH. The board of Trustees has expanded to ensure Simon was supported by a strong Board.

Many thanks.

Jen Bell

2. Objectives and Activities

The objects are:

 To promote the health and welfare of older people

The main activities of SEARCH are:

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SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2022

3. Achievements and Performance

This year Search has begun to re- build its Community Based offers despite the challenges which the Covid19 Pandemic has presented. We have safely re-opened our Lunch Clubs for the most Vulnerable and Isolated. In consultation with Older People who use our service we have developed a new activity program which we deliver form a range of community venues.

We held our “Living Well Post Covid” Conference in September giving Older People an opportunity to influence and shape services and provision post Pandemic.

Our Advice and Information service achieved Annualised Financial Gains of £520,171.86p for older people living in Newcastle despite challenging circumstances where we had to suspend Face to Face appointments at times throughout the year.

Our Community Activities Service delivered 79 different types of activities throughout the year, we held 89 activity sessions on Zoom and 554 face to face sessions.

4. Plans for Future Periods

Search will be developing Search@Home as a trusted service, which Older People can rely on for helping them maintain independent living in their own home, offering Support with Housekeeping, small DIY tasks and general support with accessing the community, medical appointments, shopping and understanding their correspondence. With Volume in the future we hope this service will generate a small surplus to support the running of Search.

Search will also be developing its offer of Dementia Friendly Services and supporting Communities to become Dementia Friendly in Newcastle’s west end.

In response to the current cost of living crisis and rising energy costs Search will be delivering Energy Advice alongside the existing Advice and Information service.

We plan to invest in updating our IT equipment and systems to support frontline services.

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SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2022

5. Reference and administrative details of the charity, its trustees and advisors 5. Reference and administrative details of the charity, its trustees and advisors 5. Reference and administrative details of the charity, its trustees and advisors
Charity Name SEARCH – services for older people CIO
Registered Charity 1159907
Number
Operational address 1stFloor
Carnegie Building
Atkinson Road
Benwell
Newcastle upon Tyne
NE4 8XS
Trustees Jen Bell (Chair)
Ruth Taylor (Vice Chair)
Keith Williamson (Treasurer)
Linda Woodcock
Meg Woollam
Paul Taylor
Mark Hardy
Catherine Winfield (Appointed 6 January
2022)
Chief Officer Simon Luddington
Independent Doug Maltman FMAAT
Examiner Connected Voice Business Services Ltd
Higham House
Higham, Place
Newcastle upon Tyne
NE1 8AF
Bankers Unity Trust Bank PLC
Four Brindleyplace
Birmingham
B1 2JB

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SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2022

6. Structure, Governance and Management

Governing documents

SEARCH – services for older people CIO was registered as a charitable incorporated organisation 12 January 2015, number 1159907. Search – rights for the elderly had been a registered charity since 1979 and transferred its assets and liabilities to SEARCH CIO in March 2015.

Appointment of Trustees

Trustees are appointed and can serve more than one term. Anyone interested in becoming a new trustee is encouraged to attend trustee meetings before applying for any vacant positions.

Organisation

The Trustees meet each month and deal with the administration of the charity encompassing the strategic vision, financial accountability and risk management.

The operational management of the organisation is undertaken by the paid staff team.

Risk management

The Trustees conduct an annual review of the major risks to which the charity is exposed and systems have been established to mitigate those risks including the implementation of procedures for authorisation of all transactions and projects and for ensuring the consistent quality of the delivery of all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.

7. Financial Report

----- Start of picture text -----
2022 2021 +/-
Total Income £549,851 £570,156 -3.6%
Total Expenditure £492,532 £478,630 +2.9%
Surplus £57,319 £91,525 -34,206
Net assets £391,284 £333,965
Reserves of Unrestricted funds £244,927 £204,544
Number of days operating costs covered by reserves 182 156
Average number of full-time equivalent employees 26 22
----- End of picture text -----

Looked at in purely financial terms, the year has been satisfactory. The financial results, of course, are a poor way of measuring the enormous amount of hard work done by our staff and volunteers and the much-needed support for our clients that results. However, we do need to show a surplus as, without that, we cannot build our reserves and without reserves we have no cushion against any set-backs that occur.

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SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2022

Fortunately, we can report a surplus of over £57k this year. This includes just over £40k of Unrestricted funds which has improved our “free” reserves correspondingly. This has arisen because we obtained support during the pandemic on top of the funds already held but being unused in that period, but we anticipate that the resumption of our various activities together with the addition of new activities and a pressing need to upgrade our “creaking” IT system will quickly erode those reserves in the year ahead. Coming at a time when costs are rising and funding is becoming increasingly difficult to secure, we cannot afford any complacency.

This year’s surplus was less than that of the previous year primarily because, as we emerged from the restrictions of the pandemic, our activities increased and our costs rose accordingly. Almost 83% of our costs was spent on our employees – without whom we cannot function!

Nor can we function without the generosity of our funders, details of whom are set out in notes 6 & 7 of the financial statements. Our thanks go to all of them.

We go into 2022/23 with a relatively strong Balance Sheet and staff who are conscientious, capable and hardworking, all of which allows us to face the challenges ahead with optimism.

Reserves Policy

Our aim is to have sufficient free reserves to cover our running costs in the event of a significant drop in funding and our current policy is that those reserves should cover between 3 and 6 months’ worth of annual running costs. At 31 March 2022 we held £244,927 which equates to slightly less than 6 months’ worth of such costs.

At 31 March 2022 reserves represented 5.1 months of running costs which the trustees believe to be prudent.

8. Public Benefit Statement

The trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's objectives and planning its future activities. The trustees have also reviewed the charitable purposes of SEARCH, and the external environment, to make sure the Charity is still relevant and needed. The activities outlined in this report demonstrate the public benefit that ensues.

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SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2022

9. Statement of Trustee Responsibilities

The charity trustees are responsible for preparing a trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The charity trustees are required to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources. In preparing financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees on 30.01.2023 and signed on their behalf by:

Jen Bell (Chair) ………………..

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2022

I report on the financial statements of Search - Services For Older People CIO for the year ended 31 March 2022, which are set out on pages 9 to 24.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Member of the Association of Accounting Technicians.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 30.01.2023

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 March 2022

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2022 2021
£ £ £ £
Income from:
Donations and legacies 6 14,364 24,636 39,000 12,490
Charitable activities
Grants and contracts 7 127,075 376,840 503,915 548,132
Other trading activities 8 2,225 4,209 6,434 9,534
Investments 9 502 - 502 -
Total income 144,166 405,685 549,851 570,156
Expenditure on:
Charitable activities
Operation of the charity 10 103,783 388,749 492,532 478,630
Total expenditure 103,783 388,749 492,532 478,630
Net income/(expenditure) and net
40,383 16,936 57,319 91,525
movement of funds
Reconciliation of funds
Total funds brought forward 204,544 129,421 333,965 242,439
Total funds carried forward 244,927 146,357 391,284 333,965
Notes
----- End of picture text -----

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 12 to 24 form an integral part of these accounts.

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Charity Number 1159907

SEARCH - SERVICES FOR OLDER PEOPLE CIO

BALANCE SHEET

As at 31 March 2022

Fixed assets
Tangible assets
17
Total fixed assets
Current assets
Debtors
18
Cash at bank and in hand
19
Total current assets
Creditors:amounts falling due within
one year
20
Net current assets
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
23
Restricted income funds
23
Total funds
Notes		 £
146,877
362,806
509,683
( 118,399 )		 Total
2022
£
-
-
391,284
391,284
244,927
146,357
391,284		 £
139,402
264,861
404,263
( 70,730 )		 Total
2021
£
432
432
333,532
333,965
204,544
129,421
333,965

The notes on pages 12 to 24 form an integral part of these accounts.

These financial statements were approved by the Board on: 30.01.2023

and are signed on its behalf by: Jen Bell Chair

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Charity Number 1159907

SEARCH - SERVICES FOR OLDER PEOPLE CIO

STATEMENT OF CASH FLOWS

For the year ended 31 March 2022

----- Start of picture text -----
2022 2021
£ £
Cash flows from operating activities
Net movement in funds 57,319 91,525
Depreciation 432 552
-
Deduct interest/income showin in investing activities ( 502 )
Increase in debtors ( 7,475 ) ( 80,107 )
Increase in creditors 47,669 2,400
Net cash from operating activities 97,443 14,372
Cash flow from investing activities
Interest received 502 -
Net cash used in investing activities 502 -
Increase in cash and cash equivalents 97,945 14,372
Cash and cash equivalents at start of year 264,861 250,489
Cash and cash equivalents at end of year 362,806 264,861
Cash and cash equivalents consist of:
Cash at bank and in hand 362,806 264,861
Notes
----- End of picture text -----

The notes on pages 12 to 21 form an integral part of these accounts.

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

1 Accounting Policies

The principle accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts 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 Charities Act 2011.

Search - Services For Older People CIO meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £244,927 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability.

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised 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 and is not deferred.

Income received in advance or provision of other specified service is deferred until the criteria of income recognition are met.

3.4 Donated goods and services

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

3.5 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.6 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.

3.7 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charities' work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of work with service users and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

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

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Computer equipment

33% straight line

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

----- Start of picture text -----
Analysis of income
Unrestricted Restricted Total Total
Funds Funds 2022 2021
£ £ £ £
6 Donations and legacies
Donations and gifts 3,554 621 4,175 1,349
-
Ballinger Charitable Trust 15,000 15,000 8,750
- -
University income 4,636 4,636
Other 6,174 9,015 15,189 2,391
14,364 24,636 39,000 12,490
7 Charitable activities
Income from grants
Barbour Foundation 2,083 - 2,083 2,917
City Life Line - COVID - - - 4,000
-
Community Foundation - COVID 5,000 5,000 12,583
Connected Voice - COVID - - - 2,911
Elders Council - - - 863
-
Henry Smith Charity Fund at the Community 30,000 30,000 23,375
Foundation
HMRC Furlough - - - 10,213
Karbon Homes - 2,500 2,500 2,500
Karbon Homes - COVID 2,500 - 2,500 1,000
-
Kellett Fund at the Community Foundation 30,013 30,013 41,500
National Lottery Community Fund - - - 71,367
-
National Lottery Community Fund - COVID 2,500 2,500 15,750
-
Newcastle City Council Elswick 2,560 2,560 2,500
-
Newcastle City Council Lemington Ward 1,950 1,950 1,620
Newcastle City Council VCSE Resilience Fund - - - 12,000
Newcastle City Council Wingrove Ward - 1,890 1,890 762
-
Newcastle City Council - A&I 17,476 17,476 5,486
Newcastle City Council Benwell Grant - - - 1,000
Newcastle Fund West End Befrienders - 52,383 52,383 30,264
Persimon Homes - COVID - - - 1,000
-
Reece Group - COVID 5,833 5,833 4,167
The Edward Gostling Foundation - - - 5,000
Your Homes Newcastle 1,073 1,912 2,985 2,616
- -
Home from Hospital 9,853 9,853
- -
Big Lottery 9,820 9,820
- -
Covid outbreak response 5,000 5,000
Rank foundation 3,651 - 3,651 -
- -
Independent Age 10,000 10,000
- -
Good Neighbour Project 2,500 2,500
- -
Joseph Strong Frazer Trust 1,000 1,000
Arnold Clark 1,000 - 1,000 -
Sir James Knott 5,000 - 5,000 -
- -
Charities Trust - Ecclesiastical funding 1,000 1,000
Hadrian Trust 1,000 - 1,000 -
- -
Community Foundation 9,976 9,976
Carried forward 91,265 128,208 219,473 255,394
----- End of picture text -----

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

7
8
9		 Charitable activities(continued)
Brought forward
Income from contracts
Other trading activities
Fundraising
Buy and Bite
Income from investments
Other small grants
Chain Reaction
Lunchlinks
Contributions from participants
Bank interest
Newcastle and Gateshead CCG
Bernicia Foundation
FOGO Community Foundation
Community Foundation
Community Foundation - Ringtons Project
LGA Foundation
Community Foundation - Apple Tree Fund
Newcastle GP Services Ltd		 91,265
10,000
5,000
1,667
4,072
5,000
3,000
2,077
-
-
4,994
-
127,075
Unrestricted
Funds
£
49
1,628
548
2,225
502
502		 128,208
-
-
-
-
-
-
-
-
223,479
-
25,153
376,840
Restricted
Funds
£
4,191
18
-
4,209
-
-		 219,473
10,000
5,000
1,667
4,072
5,000
3,000
2,077
-
223,479
4,994
25,153
503,915
Total
2022
£
4,240
1,646
548
6,434
502
502		 255,394
-
-
-
-
-
-
-
13,028
255,576
34
24,100
548,132
Total
2021
£
8,010
1,524
-
9,534
-
-

Income was £549,851 (2021: £570,155) of which £144,166 was unrestricted or designated (2021: £314,047) and £405,685 was restricted (2021: £256,108).

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

Analysis of expenditure on charitable activities

10 Charitable activities
Direct costs
Support costs
Governance costs
Premises expense
Independent examiner's fees for reporting on
the accounts
Administration
Fundraising
Project staff costs
Project costs		 Unrestricted
Funds
£
63,906
7,889
20,702
9,075
208
2,003
103,783		 Restricted
Funds
£
343,532
44,929
288
-
-
-
388,749		 Total
2022
£
407,438
52,818
20,990
9,075
208
2,003
492,532		 Total
2021
£
412,648
41,784
12,498
9,791
-
1,908
478,630

Expenditure on charitable activities was £492,532 (2021: £478,630) of which £103,783 was unrestricted or designated (2021: £279,060) and £388,749 was restricted (2021: £199,570).

11
12
Pension costs (defined contribution pension plan)
Other accountancy services paid to the examiner
Salaries and wages
Locum costs
Fees for examination of the accounts
Independent examiner's fees for reporting on the accounts
Analysis of staff costs, and the cost of key management personnel
Social security costs		 2022
£
2,003
5,197
7,200
2022
£
373,971
21,107
12,360
-
407,438		 2021
£
1,908
5,894
7,802
2021
£
381,810
21,759
9,034
45
412,648

No employee received remuneration above £60,000 (2021: 0).

The key management personnel of the charity, comprise the trustees and the chief officer. The total employee benefits of the key management personnel of the charity were £42,712 (2021: £42,430).

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

13 Staff numbers

The average monthly head count was 42 staff (2021: 35 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employee's work:
Charitable activities		 2022
Number
26.0
26.0		 2021
Number
22.0
22.0

14 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Transaction(s) with related parties

There has been no related party transactions in the reporting period.

15 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £12,350 (2021: £9,034). There was £0 outstanding as at 31 March 2022 (2021: £0).

16 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

17 Tangible fixed assets
Cost
Balance brought forward
Additions
Disposals
Balance carried forward
Depreciation
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
Balance carried forward
Net book value
Brought forward
Carried forward
18 Debtors and prepayments (receivable within 1 year)
19
Cash at bank and in hand
Cash at bank and in hand
Payroll holding account
Other debtors
Trade debtors
Prepayments and accrued income		 2022
£
125,167
652
1,442
19,616
146,877
2022
£
362,806
362,806		 Computer
Equipment
£
1,674
-
-
1,674
SL
33%
1,242
432
-
1,674
432
-
2021
£
85,774
53,344
285
285
139,688
2021
£
264,861
264,861		 Total
£
1,674
-
-
1,674
1,242
432
-
1,674
432
-

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

20 Creditors and accruals (payable within 1 year)

Barbour Foundation
Bernicia Foundation
Community Foundation 1989 William Trust
Community Foundation Apple Tree Fund
Community Foundation Pargiter Fund
Community Foundation COVID
Community Foundation FOGO
Community Foundation Work From Home
Elswick Ward Committee
Hadrian Trust
Henry Smith Grant
Karbon Home Well
Northumbria University
National Lottery Community Fund
Reece Group
Sir Jule Thorn Anne Ryland
Your Homes Newcastle
Easter Raffle
Independent Age
Beyond Blue
Home for Hospital
Rank Foundation 'Time to shine'
Ringtons
Lunch Group Support
Other accruals
Trade creditors
Accruals
Deferred income
Independent examination of accounts
Other creditors		 2022
£
-
2,003
18,296
-
-
-
-
-
3,764
-
-
-
-
6,000
-
-
-
-
-
1,543
119
2,000
27,654
29,227
9,308
3,000
14,926
559
118,399		 2021
£
7,299
1,908
3,679
2,083
10,000
5,000
3,000
5,000
1,667
5,000
250
2,560
1,000
-
2,500
2,746
12,320
833
1,250
2,616
-
-
-
-
-
-
-
19
70,730

21 Deferred income

Deferred income includes advance payments from grants that relate to future periods.

Balance carried forward
Amount deferred in year
Amount released to income earned from
charitable activities
Balance brought forward		 2022
£
57,825
( 57,825 )
97,541
97,541

20

SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

22 Events after the end of the reporting period

No events (requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts were authorised which relate to conditions that arose after the end of the reporting period.

23 Analysis of charitable funds

Analysis of movements in unrestricted funds

For the year ended 31 March 2022

Fund
balances
brought
forward
Unrestricted funds
£
General unrestricted fund
204,544
Totals
204,544
Fund
balances
brought
forward
Unrestricted funds
£
General unrestricted fund
172,066
Totals
172,066
For the year ended 31 March 2021		 Incoming
resources
£
144,166
144,166
Incoming
resources
£
314,047
314,047		 Resources
expended
£
( 103,783 )
( 103,783 )
Resources
expended
£
( 279,060 )
( 279,060 )		 Transfers
£
-
-
Transfers
£
( 2,509 )
( 2,509 )		 Fund
balances
carried
forward
£
244,927
244,927
Fund
balances
carried
forward
£
204,544
204,544

Purpose of unrestricted funds

General unrestricted fund

The 'free reserves' of the charity.

21

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

23 Analysis of charitable funds (continued)

Analysis of movement in restricted funds For the year ended 31 March 2022

Fund
balances
brought
forward
Restricted funds
£
National Lottery Community Fund
- community activities and advice
and info.
12,464
Newcastle Fund - West End
Befrienders
26,390
Kellett Fund at the Community
Foundation serving Tyne and
Wear and Northumberland
31,469
Karbon Homes
1,720
Henry Smith Charity Fund at the
Community Foundation
12,651
COVID Outbreak Response
25,087
Newcastle GP Services Ltd
5,338
Other small restricted funds
14,301
Ballinger Trust
-
Chain Reaction
-
Totals
129,421
Fund
balances
brought
forward
Restricted funds
£
National Lottery Community Fund
- community activities and advice
and info.
14,908
National Lottery Community Fund
- Safe at Home
-
Newcastle Fund - West End
Befrienders
20,958
Kellett Fund at the Community
Foundation serving Tyne and
Wear and Northumberland
16,194
The Edward Gostling Foundation
-
Karbon Homes
-
Henry Smith Charity Fund at the
Community Foundation
7,043
COVID Outbreak Response
-
Newcastle GP Services Ltd
-
Other small restricted funds
11,270
70,373
For the year ended 31 March 2021		 Incoming
resources
£
-
52,383
30,013
2,500
30,000
15,965
25,153
11,192
15,000
223,479
405,685
Incoming
resources
£
49,257
23,375
35,750
41,500
5,000
2,500
23,375
41,411
24,100
9,840
256,108		 Resources
expended
£
( 12,464 )
( 64,343 )
( 31,974 )
( 4,220 )
( 29,452 )
( 15,964 )
( 22,433 )
( 13,322 )
( 14,052 )
( 180,525 )
( 388,749 )
Resources
expended
£
( 54,210 )
( 24,259 )
( 30,318 )
( 26,225 )
( 5,000 )
( 780 )
( 17,767 )
( 15,440 )
( 18,762 )
( 6,808 )
( 199,570 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-
Transfers
£
2,509
884
-
-
-
-
( 884 )
-
-
2,509		 Fund
balances
carried
forward
£
-
14,430
29,508
-
13,199
25,088
8,058
12,171
948
42,954
146,357
Fund
balances
carried
forward
£
12,464
-
26,390
31,469
-
1,720
12,651
25,087
5,338
14,301
129,421

22

SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor

donor
National Lottery Community Fund Funding for advice and information work and health work. This project was
- Ageing well - health, wealth & only funded for 5 months of the financial year.
happiness for the over 50's
Newcastle Fund -West End Funding from the Newcastle Fund to support the merger of West End
Befrienders Befrienders and Search.
The Edward Gostling Foundation Funding for advice and information work and health work.
COVID Outbreak Response Help continuing services during the pandemic.
Kellett Fund at the Community Funding for a volunteer co-ordinator and associated volunteer expenses.
Foundation serving Tyne and
Wear and Northumberland
Keeping the Connection at the Funding for older people to learn computer skill, enabling them to digitally
Community Foundation connect with family and friends.
Henry Smith Charity Fund at the Funding towards three years salary and on-costs for a part time Community
Community Foundation Activities Development Worker, focussing on the outer west of Newcastle.
1989 Willan Charitable Trust Funding to support the West End Befrienders Project.
Newcastle GP Services Ltd Funding to employ a service worker to help prevent social isolation and
improve overall wellbeing.
Ballinger Trust Funding to support staffing and project costs.
Chain Reaction Funding to support staffing and project costs.

Transfers between funds

For the year ended 31 March 2021

Funds
Between restricted and
unrestricted funds
Between restricted funds		 Reason for transfer
Cover small shortfall of restricted project costs
Extend restricted project		 Amount
£
2,509
884

24 Capital commitments

As at 31 March 2022, the charity had no capital commitments (2021 -£nil).

25 Guarantee

There have been no guarantees given by the charity at 31 March 2022.

26 Debt

There is no debt outstanding which is owed by the charity and which is secured by an excess charge on any of the assets of the charity at 31 March 2022.

23

SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

27 Governing document

The organisation is a Charitable Incorporated Organisation - Foundation registered on 12 January 2015 as a body corporate under part 11 of the Charities Act 2011.

28 Analysis of net assets between funds

Other net current assets/(liabilities)
Tangible fixed assets
Cash at bank and in hand
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)		 Unrestricted
Funds
£
-
216,449
28,478
244,927
Unrestricted
Funds
£
432
135,440
68,672
204,544		 Restricted
Funds
£
-
146,357
-
146,357
Restricted
Funds
£
-
129,421
-
129,421		 Total
2022
£
-
362,806
28,478
391,284
Total
2021
£
432
264,861
68,672
333,965

24