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2023-03-31-accounts

SEARCH - SERVICES FOR OLDER PEOPLE CIO

REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023

Charity Number 1159907

SEARCH - SERVICES FOR OLDER PEOPLE CIO

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 March 2023

Contents Page
Trustees annual report 1 to 6
Independent examiners report 7
Statement of Financial Activities (including 8
income and expenditure account)
Balance sheet 9
Statement of Cash flows 10
Notes to the financial statements 11 to 22

SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2023

The trustees are pleased to present their annual report together with the financial statements of the charity for the period ended 31 March 2023.

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 2022-23

This has been one of our busiest years at Search. The Board of Trustees is immensely proud of how the Chief Officer, staff and volunteers at Search have coped with the extra demand and complexity of referrals to our services.

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 at Search.

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.

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 membership and skill set of the Board of Trustees is annually reviewed, ensuring the Chief Officer is fully supported.

Many thanks.

Jen Bell

Chair

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SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2023

2. Objectives and Activities

The objects of Search are:

The main activities of Search are:

3. Achievements and Performance

Our Advice and Information services have extended into Kenton and Fawdon areas of the city, this has also included helping people with Energy Advice. SEARCH has been involved in research “Preventing the need for Foodbanks” by sharing some of the hard-hitting facts that we see daily; our Chief Officer attended the House of Commons for the launch of the APPG (All Party Parliamentary Group) report to raise these issues directly with MPs.

The Activities Team continues to listen to the people who use our groups and develop new groups around their needs. We have started working more closely with tenants of high-rise flats and tower blocks on our Ageing Better Project to support them in developing more social opportunities and fun activities. Search started working with Vita Health to improve access for people aged 50+ to talking therapies, enabling us to employ a Community Link Worker who works with organisations city wide to reach more people.

Search added a Dementia Engagement Worker to our team, this has enabled us to support more people living with dementia and their carers as well as expanding our range of dementia friendly activities. Search hosted a conference in September 22 “Dementia Navigating the Maze” providing an opportunity for people living with dementia and their carers to shape the Dementia Strategy for the city.

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

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SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2023

Key successes in 22/23 have been.

4. Plans for Future Periods

Significant new work for 2023/24 will be.

In 2023/24 we intend to spend some of our reserves in opening the Search “Pop in Centre” and investing in a new IT system that will ensure efficient and streamlined data capture, record keeping and back-office operations.

5. Reference and administrative details of the charity, its trustees and advisors

Charity Name Search – services for older people CIO

Registered Charity 1159907 Number

Trustees

Chief Officer Simon Luddington

3

SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2023

5. Reference and administrative details of the charity, its trustees and advisors (continued)

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

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.

4

SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2023

7. Financial Report

----- Start of picture text -----
2023 2022 +/-
Total Income £641k £550k +16.5%
Total Expenditure £620k £493k +25.7%
Surplus £21k £57k -63%
Net assets £412k £391k
Free Reserves of Unrestricted funds £203k £245k
Number of days operating costs covered by 119 182
reserves
Average number of full-time equivalent employees 26 26
----- End of picture text -----

This has been a year when our resources – financial and other – have been stretched. The contributions of Simon, our Chief Executive Officer, our staff and volunteers have been outstanding in increasingly difficult circumstances. Funding is difficult to secure, whilst demand for our services continues to increase. That we have ended the year with a small surplus is testimony to all concerned.

Whilst financial success is not, and never should be a measure of how we are performing, we cannot ignore the fact that without adequate funding we will struggle to meet our objectives.

As can be seen from the accounts, we have expanded and diversified our reach during the year in response to the needs of the people whose interests are at the heart of what we do. And, because new activities take time to become financially self-supporting, his has meant that we have had to eat into our reserves at times. From the point of view of the Trustees, this has meant that the Finance sub-committee has had to spend more time than usual in ensuring that we remain viable. We will, of course, continue to do whatever is required, working with the senior staff team, to keep the finances under review.

What is heartening is the dedication and skills that our staff and volunteers bring to the organisation. Nearly 80% of our expenses go on staff costs, demonstrating that they are our most valuable asset. Our finances are reasonably strong and our reputation is very strong both of which mean that we can look ahead with confidence despite the many challenges.

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 2023 we held £202,743 which equates to about 3.9-months’ worth of those costs.

5

SEARCH – SERVICES FOR OLDER PEOPLE CIO

TRUSTEES ANNUAL REPORT For year ended 31 March 2023

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.

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 29.01.2024 and signed on their behalf by:

Jen Bell (Chair) ………………..

6

SEARCH - SERVICES FOR OLDER PEOPLE CIO

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2023

I report on the financial statements of Search - Services For Older People CIO for the year ended 31 March 2023, which are set out on pages 8 to 22.

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 2022 ("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 Fellow Member of the Association of Accountancy 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 Fellow Member of the Association of Accountancy Technicians One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 29.01.2024

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 March 2023

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
Income from:
Donations and legacies 5 13,000 1,500 14,500 24,000
Charitable activities
Grants and contracts 6 100,058 475,077 575,135 518,916
Other trading activities 7 51,445 - 51,445 6,434
Investments 8 53 - 53 502
Total income 164,556 476,577 641,133 549,852
Expenditure on:
Charitable activities
Operation of the charity 9 256,955 363,069 620,024 492,533
Total expenditure 256,955 363,069 620,024 492,533
Net income/(expenditure) ( 92,399 ) 113,508 21,109 57,318
Transfers between funds 102,215 ( 102,215 ) - -
Net income/(expenditure) and net
9,816 11,293 21,109 57,318
movement of funds
Reconciliation of funds
Total funds brought forward 244,927 146,357 391,284 333,965
Total funds carried forward 254,743 157,650 412,393 391,284
Notes
----- End of picture text -----

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 11 to 22 form an integral part of these accounts.

8

Charity Number 1159907

SEARCH - SERVICES FOR OLDER PEOPLE CIO

BALANCE SHEET

As at 31 March 2023

Current assets
Debtors
16
Cash at bank and in hand
17
Total current assets
Creditors:amounts falling due within
one year
18
Net current assets
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
21
Restricted income funds
21
Total funds
Notes		 £
78,830
449,416
528,246
( 115,853 )		 Total
2023
£
412,393
412,393
254,743
157,650
412,393		 £
146,877
362,806
509,683
( 118,399 )		 Total
2022
£
391,283
391,284
244,927
146,357
391,284

The notes on pages 11 to 22 form an integral part of these accounts.

These financial statements were approved by the Board on: 29.01.2024 and are signed on its behalf by: Jen Bell Chair

9

Charity Number 1159907

SEARCH - SERVICES FOR OLDER PEOPLE CIO

STATEMENT OF CASH FLOWS

For the year ended 31 March 2023

----- Start of picture text -----
2023 2022
£ £
Cash flows from operating activities
Net movement in funds 21,109 57,319
Depreciation - 432
Deduct interest/income showin in investing activities ( 53 ) ( 502 )
Decrease in debtors 68,047 ( 7,475 )
Increase in creditors ( 2,546 ) 47,669
Net cash from operating activities 86,557 97,445
Cash flow from investing activities
Interest received 53 502
Net cash used in investing activities 53 502
Increase in cash and cash equivalents 86,610 97,945
Cash and cash equivalents at start of year 362,806 264,861
Cash and cash equivalents at end of year 449,416 362,806
Cash and cash equivalents consist of:
Cash at bank and in hand 449,416 362,806
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 2023

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 October 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2022.

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 £254,743 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 2023

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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SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

----- Start of picture text -----
Analysis of income
Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
5 Donations and legacies
-
Donations and gifts 4,593 4,593 4,175
-
University income 3,432 3,432 4,636
Other 4,975 1,500 6,475 15,189
13,000 1,500 14,500 24,000
6 Charitable activities
Income from grants
Barbour Foundation - - - 2,083
-
Ballinger Charitable Trust 15,000 15,000 15,000
- -
Post Diagnostic Dementia 24,041 24,041
Community Foundation - COVID - - - 5,000
- -
Lunch Group Support service 35,042 35,042
Vita Health Solutions Ltd - 18,194 18,194 -
-
Henry Smith Charity Fund at the Community 36,000 36,000 30,000
Foundation
- -
Energy Address Scheme - West End Warmers 18,670 18,670
Karbon Homes - - - 2,500
Karbon Homes - COVID - - - 2,500
-
Kellett Fund at the Community Foundation 19,530 19,530 30,013
- -
Beyond Blue - NHS CCG 23,045 23,045
National Lottery Community Fund - COVID - - - 2,500
Newcastle City Council Elswick - - - 2,560
Newcastle City Council Lemington Ward - - - 1,950
- -
Search@Home 28,596 28,596
Newcastle City Council Wingrove Ward - - - 1,890
-
Newcastle City Council - A&I 28,195 28,195 17,476
- -
Inner West Community Activities 14,845 14,845
West End Friends - 60,663 60,663 52,383
- -
National Lottery - Ageing Better 12,500 12,500
Reece Group - COVID - - - 5,833
- -
Newcastle City Council - Cost of Living 5,268 5,268
Your Homes Newcastle - - - 2,985
-
Home from Hospital 29,747 29,747 9,853
Big Lottery - Awards for All - - - 9,820
Covid outbreak response - - - 5,000
Rank foundation - 19,358 19,358 3,651
-
Independent Age 20,000 20,000 10,000
Good Neighbour Project - - - 2,500
Joseph Strong Frazer Trust - - - 1,000
Arnold Clark - - - 1,000
Sir James Knott - - - 5,000
Charities Trust - Ecclesiastical funding - - - 1,000
Hadrian Trust - - - 1,000
Carried forward 56,791 351,903 408,694 224,497
----- End of picture text -----

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

6
7
8		 Charitable activities(continued)
Brought forward
Income from contracts
Other trading activities
Fundraising
Buy and Bite
Income from investments
Community Foundation
Bernicia Foundation
FOGO Community Foundation
Community Foundation
Community Foundation - Ringtons Project
LGA Foundation
Community Foundation - Apple Tree Fund
Newcastle GP Services Ltd
Chain Reaction
Masonic Charitable Foundation
Contributions from participants
Bank interest
Other small grants		 56,791
-
-
-
-
-
-
-
29,671
13,596
-
-
100,058
Unrestricted
Funds
£
49,184
2,261
-
51,445
53
53		 351,903
-
-
-
-
1,669
-
-
-
121,505
-
-
475,077
Restricted
Funds
£
-
-
-
-
-
-		 408,694
-
-
-
-
1,669
-
-
29,671
135,101
-
-
575,135
Total
2023
£
49,184
2,261
-
51,445
53
53		 224,497
9,976
10,000
5,000
1,667
4,072
5,000
3,000
2,078
223,479
4,994
25,153
518,916
Total
2022
£
4,240
1,646
548
6,434
502
502

Income was £641,133 (2022: £549,852) of which £164,556 was unrestricted or designated (2022: £144,166) and £476,577 was restricted (2022: £405,685).

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

Analysis of expenditure on charitable activities

9 Charitable activities
Direct costs
Support costs
Governance costs
Project staff costs
Project costs
Administration
Fundraising
Premises expense
Independent examiner's fees for reporting on
the accounts		 Unrestricted
Funds
£
116,573
17,922
113,676
6,463
161
2,160
256,955		 Restricted
Funds
£
294,300
59,271
3,755
5,743
-
-
363,069		 Total
2023
£
410,873
77,193
117,431
12,206
161
2,160
620,024		 Total
2022
£
407,438
52,818
20,990
9,075
208
2,003
492,533

Expenditure on charitable activities was £620,024 (2022: £492,532) of which £256,955 was unrestricted or designated (2022: £103,783) and £363,069 was restricted (2022: £388,749).

10
11
Fees for examination of the accounts
Social security costs
Analysis of staff costs, and the cost of key management personnel
Locum costs
Independent examiner's fees for reporting on the accounts
Pension costs (defined contribution pension plan)
Other accountancy services paid to the examiner
Salaries and wages		 2023
£
2,160
3,900
6,060
2023
£
435,936
22,661
32,666
-
491,263		 2022
£
2,003
5,197
7,200
2022
£
373,971
21,107
12,360
-
407,438

No employee received remuneration above £60,000 (2022: 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 £45,709 (2022: £42,711).

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

12 Staff numbers

The average monthly head count was 42 staff (2022: 42 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		 2023
Number
26.0
26.0		 2022
Number
26.0
26.0

13 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.

14 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 £32,666 (2022: £12,350). There was £3,521 outstanding as at 31 March 2023 (2022: £0).

15 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.

16 Debtors and prepayments (receivable within 1 year)

Trade debtors
Prepayments and accrued income
Payroll holding account
Other debtors		 2023
£
9,862
-
68,968
-
78,830		 2022
£
125,167
652
1,442
19,616
146,877

17 Cash at bank and in hand

Cash at bank and in hand 2023
£
449,416
449,416		 2022
£
362,806
362,806

16

SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

18 Creditors and accruals (payable within 1 year)

West End Friends
Community Foundation COVID
Community Foundation FOGO
Henry Smith Grant
Your Homes Newcastle
Easter Raffle
Independent Age
Beyond Blue
Home for Hospital
Rank Foundation 'Time to shine'
Ringtons
Masonic Charitable Foundation
Deferred income
Independent examination of accounts
Other creditors
Accruals
Payroll holding account
Trade creditors
Other accruals		 2023
£
227
3,162
10,125
15,995
14,156
-
1,016
6,000
1,543
-
2,000
4,609
29,227
9,308
3,000
14,926
559
115,853		 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

19 Deferred income

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

Amount deferred in year
Amount released to income earned from
charitable activities
Balance carried forward
Balance brought forward		 2023
£
97,541
( 97,541 )
85,785
85,785

20 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.

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SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

21 Analysis of charitable funds

Analysis of movements in unrestricted funds

For the year ended 31 March 2023

Unrestricted funds
General unrestricted fund
Designated Fund:
- Restructuring/Strengthening
Totals		 Fund
balances
brought
forward
£
244,927
-
244,927		 Incoming
resources
£
164,556
-
164,556		 Resources
expended
£
( 256,955 )
-
( 256,955 )		 Transfers
£
50,215
52,000
102,215		 Fund
balances
carried
forward
£
202,743
52,000
254,743

For the year ended 31 March 2022

Unrestricted funds
General unrestricted fund
Totals		 Fund
balances
brought
forward
£
204,544
204,544		 Incoming
resources
£
144,166
144,166		 Resources
expended
£
( 103,783 )
( 103,783 )		 Transfers
£
-
-		 Fund
balances
carried
forward
£
244,927
244,927

Purpose of unrestricted funds

General unrestricted fund Designated Fund: - Restructuring/Strengthening

The 'free reserves' of the charity.

Funds have been designated for the restructuring and strengthening of the charity, including the replacement of the database, refurbishment of the dropin centre, and the purchase of a minibus.

18

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NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

21 Analysis of charitable funds (continued)

Analysis of movement in restricted funds For the year ended 31 March 2023

Restricted funds
West End Friends
Kellett Fund at the Community
Foundation serving Tyne and
Wear and Northumberland
Henry Smith Charity Fund at the
Community Foundation
COVID Outbreak Response
Newcastle GP Services Ltd
Other small restricted funds
Ballinger Trust
Chain Reaction
Chain Reaction - Delivery
Inner West Community Activities
Ringtons Community Fund
Rank Foundation - Time to Shine
Home from Hospital
Vita Health Solutions Limited
Energy Redress Scheme - West
End Warners
Beyond Blue NHS CCG
Post Diagnostic Dementia
National Lottery - Ageing Better
Lunch Group Supoport Service
Independent Age - Cost of Living
Newcastle City Council - Cost of
Living
Woodroffe - benton Telephone
Buddies
Totals		 Fund
balances
brought
forward
£
14,430
29,508
13,199
25,088
8,058
12,171
948
42,954
-
-
-
-
-
-
-
-
-
-
-
-
-
-
146,357		 Incoming
resources
£
60,663
19,530
36,000
-
-
-
15,000
118,000
3,505
14,845
1,669
19,358
29,747
18,194
18,670
23,045
24,041
12,500
35,042
20,000
5,268
1,500
476,577		 Resources
expended
£
( 41,107 )
( 24,387 )
( 27,500 )
( 1,307 )
( 1,107 )
-
( 9,113 )
( 97,640 )
( 400 )
( 13,647 )
( 2,444 )
( 17,877 )
( 17,543 )
( 15,219 )
( 13,833 )
( 20,177 )
( 13,602 )
( 4,990 )
( 34,571 )
( 4,764 )
( 1,841 )
-
( 363,069 )		 Transfers
£
( 12,767 )
( 5,804 )
( 903 )
( 23,781 )
-
( 12,171 )
( 3,000 )
( 22,500 )
-
( 1,198 )
775
-
( 211 )
( 2,975 )
( 4,837 )
( 1,063 )
( 4,000 )
( 1,566 )
-
( 2,787 )
( 3,427 )
-
( 102,215 )		 Fund
balances
carried
forward
£
21,219
18,847
20,796
-
6,951
-
3,835
40,814
3,105
-
-
1,481
11,993
-
-
1,805
6,439
5,944
471
12,449
-
1,500
157,650

19

SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

21 Analysis of charitable funds (continued)

For the year ended 31 March 2022

Restricted funds
National Lottery Community Fund
- community activities and advice
and info.
West End Friends
Kellett Fund at the Community
Foundation serving Tyne and
Wear and Northumberland
Karbon Homes
Henry Smith Charity Fund at the
Community Foundation
COVID Outbreak Response
Newcastle GP Services Ltd
Other small restricted funds
Ballinger Trust
Chain Reaction		 Fund
balances
brought
forward
£
12,464
26,390
31,469
1,720
12,651
25,087
5,338
14,301
-
-
129,420		 Incoming
resources
£
-
52,383
30,013
2,500
30,000
15,965
25,153
11,192
15,000
223,479
405,685		 Resources
expended
£
( 12,464 )
( 64,343 )
( 31,974 )
( 4,220 )
( 29,452 )
( 15,964 )
( 22,433 )
( 13,322 )
( 14,052 )
( 180,525 )
( 388,749 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
-
14,430
29,508
-
13,199
25,088
8,058
12,171
948
42,954
146,357

Purpose of restricted funds

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

National Lottery Community Fund - Ageing well - health, wealth & happiness for the over 50's West End Friends

Kellett Fund at the Community Foundation serving Tyne and Wear and Northumberland Karbon Homes

Henry Smith Charity Fund at the Community Foundation COVID Outbreak Response Newcastle GP Services Ltd

Ballinger Trust Chain Reaction Chain Reaction - Delivery

Inner West Community Activities Ringtons Community Fund Rank Foundation - Time to Shine Home from Hospital

Funding for advice and information work and health work. This project was only funded for 5 months of the financial year.

Funding for West End Friends.

Funding for a volunteer co-ordinator and associated volunteer costs.

Funding to support the West Connected Project including staff costs and equipment.

Funding for Outer West Activity Worker and associated costs with a focus on Lemington.

Help continuing services during the pandemic.

Funding to employ a service worker to help prevent social isolation and improve overall wellbeing. Funding for Dementia Advice Service. Funding to support staffing and project costs. Prevention and support service for older people who are socially isolated and/ or have complex needs.

Activity Worker for Community Activities in the Inner West Delivery of Dementia Friendly Activities and Staff Time Development role for a team leader.

Co-ordinator and Volunteer expenses for supporting people on discharge from hospital

20

SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

Purpose of restricted funds continued)

Vita Health Solutions Limited Salary costs for Talking Therapies Community Link Worker

Energy Redress Scheme - West Salary costs for Energy Advisor, Handy Man and associated small energy End Warners saving measures. Beyond Blue NHS CCG Suicide Prevention worker and service costs

Post Diagnostic Dementia Dementia Engagement worker, activities and dementia conference National Lottery - Ageing Better Salary costs and activity costs for supporting older people living in high rise accommodation to re-engage with their communities post covid. Lunch Group Supoport Service Salary and activity costs for supported Lunch Clubs for people needing support to leave their homes. Independent Age - Cost of Living Additional capacity in Advice and Information service to meet increased demand Newcastle City Council - Cost of To cover additional costs for increased demand and cost pressures on Living services.

Woodroffe - benton Telephone To support co-ordination of telephone befriending and hospital visiting Buddies service.

Transfers between funds

For the year ended 31 March 2023

----- Start of picture text -----
Amount
Funds Reason for transfer £
----- End of picture text -----

Funds Reason for transfer Amount
£
Between restricted and Contributrion to unrestricted funds overheads 102,215
unrestricted funds
Between unrestricted and Funds have been designated for the restructuring and 52,000
designated funds strengthening of the charity, including the replacement of the
database, refurbishment of the drop-in centre, and the
purchase of a minibus.

22 Capital commitments

As at 31 March 2023, the charity had no capital commitments (2022 £nil).

23 Guarantee

There have been no guarantees given by the charity at 31 March 2023.

24 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 2023.

25 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.

21

SEARCH - SERVICES FOR OLDER PEOPLE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

26 Analysis of net assets between funds

Other net current assets/(liabilities)
Cash at bank and in hand
Cash at bank and in hand
Other net current assets/(liabilities)		 Unrestricted
Funds
£
291,766
( 37,023 )
254,743
Unrestricted
Funds
£
216,449
28,478
244,927		 Restricted
Funds
£
157,650
-
157,650
Restricted
Funds
£
146,357
-
146,357		 Total
2023
£
449,416
( 37,023 )
412,393
Total
2022
£
362,806
28,478
391,284

22