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2025-03-31-accounts

Registered Charity Number: 1165792 Company Number: 09882948

Aireborough Voluntary Services to the Elderly (AVSED)

a Company Limited by Guarantee

Trustees’ Report and Financial Statements for the year ended 31 March 2025

Aireborough Voluntary Services to the Elderly (AVSED)

Contents

Page Report of the Trustees...................................................................................... 3-7 Independent Examiner’s Report ............................................................................ 8 Statement of Financial Activities ........................................................................... 9 Balance Sheet .................................................................................................. 10 Notes to the Financial Statements ................................................................. 11-23

Aireborough Voluntary Services to the Elderly (AVSED)

Report of the Trustees for the year ended 31 March 2025

The Trustees, who are also Directors for the purposes of company law, present their report together with the independently examined financial statements of the charity for the year 31 March 2025.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association, 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 (FRS102).

Reference and Administrative Details of the Charity, its Trustees, and Advisors

Aireborough Voluntary Services to the Elderly (AVSED) is a charitable company and was registered with the Charity Commission in February 2016 number 1165792 and the company was registered in November 2015, company number 09882948.

The charitable company commenced activity on 1 April 2016 with a gift of assets from Aireborough Voluntary Services to the Elderly with Disabilities - charity number 1048902, an unincorporated charity.

The registered office and operating address is: -

Greenacre Hall New Road Side Rawdon Leeds LS19 6AS

The charity Trustees, who served during the year and up to the date of this report, were: -

Elaine O’Brien Chair – Appointed 14[th] October 2024 Kenneth Elliott Chair – Retired 14[th] October 2024 Sheila Bower Vice Chair Richard Gray Treasurer Wendy Hanson Secretary Roy Blanshard Christine Pearce Graham Latty Susan Doubtfire

Principal staff: Debbie Fawthrop (Scheme Manager) Bankers: Barclays Bank plc NatWest PO Box 100 Online Banking Services Leeds LS1 1PA Independent Examiner: Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

3

Aireborough Voluntary Services to the Elderly (AVSED) Report of the Trustees for the year ended 31 March 2025

Structure, Governance, and Management

Aireborough Voluntary Services to the Elderly (AVSED) was registered as a charitable company in 2015. The charity is governed by a Memorandum and Articles of Association as amended by a special resolution on 19[th] February 2016. The assets and contracts of the previous charity (Aireborough Voluntary Services to the Elderly with Disabilities - charity number 1048902, in operation since June 1992) were transferred to this new entity on 1 April 2016.

AVSED employed ten paid workers during this financial year to help carry out its diverse activities, headed up by the Scheme Manager.

Debbie Fawthrop – Scheme Manager Ella Baxter – Activity Co-Ordinator Michelle Murphy-Fell – Volunteer Co-Ordinator Stacey Battle – Membership Co-Ordinator Debbie Archer – Office Co-Ordinator Perry Mercer – Part-time Minibus Driver Jonathan Brady – Part-time Minibus Driver Judith Colley – Dementia & Inclusion Lead Lorraine Kingham-Motson (September 2024 – May 2025) – Cook Amanda Crosby – Dementia & Inclusion Assistant (started October 2024)

The charity relies heavily on its many volunteers (totalling 92 at present) without whom the organisation could not operate. The Board totalling 9 Trustees during the year, supports the strategic operation of the charity, Trustees are voted onto the Board for a minimum of 3 years. The induction and training of Trustees are carried out by the Chair, supported by the Vice Chair. All Trustees give their time voluntarily and receive no remuneration or other benefits. The Board meets monthly, and meetings include the Scheme Manager. 2 local Councillors sit on the Board meetings in an advisory capacity.

Although AVSED is an independent registered charity, it works within the Leeds Older People’s Neighbourhood Network – one of 35 separate organisations spread across the city to support older people living independently. AVSED is part of the Local Care Partnership (LCP) and leads ‘Aireborough Together’ the Local Community Anchor.

AVSED is currently developing its Policies and Procedures following a full organisational restructure. The Articles of Association set out our purpose and aims to sit alongside a new 5-year strategy covering 2023 – 2028.

AVSED Board of Trustees provide minutes of their meetings, along with a budget, cash flow forecast, and operational reports. Annually the Board meets at the AGM and provides details to our beneficiaries regarding the previous year’s actions and accountability. AVSED has a Treasurer who provides financial analysis, and our financial statements are independently examined annually. AVSED has employed the services of Peninsula to support our HR and H&S practices.

The Board of Trustees have conducted its own review of the major risks to which the charity is exposed and has taken steps to establish systems to mitigate those risks. The Trustees consider this to be an ongoing process.

The Trustees consider the Chair and Scheme Manager as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day-to-day basis.

The pay of the charity’s staff is dependent on the grant source from which the salary is paid. The Manager, CoOrdinators, and Leads are on permanent contracts subject to funding, 2 staff on limited contracts. All employees are paid in accordance with Local Authorities NJC scales.

4

Aireborough Voluntary Services to the Elderly (AVSED) Report of the Trustees for the year ended 31 March 2025

Objectives and Activities

The primary objects of the charity as set out in the charity’s governing document:

AVSED is established for the following charitable purposes for the benefit of older people (over 60 years of age) living in the community of Aireborough (LS19 and LS20 postcodes), in the city of Leeds:

AVSED provides a unique service to older people living in Aireborough. Designed to support those who wish to remain living independently at home, AVSED aims to continually update and expand its socialisation and healthy living services to meet the changing needs of members. By relieving social isolation and providing volunteers who care, great improvements have been made in the quality of life of all the members.

The main objectives for the year were: -

In setting the objectives and planning the activities of the charity for the year, the Trustees have considered the Charity Commission’s guidance on public benefit.

Achievements and Performance

During this year we ran the following activities:

Post Balance Sheet Event - Greenacre Hall

5

Aireborough Voluntary Services to the Elderly (AVSED) Report of the Trustees for the year ended 31 March 2025

Members

AVSED’s membership was 887 at the period end. AVSED offers membership to those over 60 years in the boundary area of LS19 & LS20. Referrals come from various sources including neighbours, friends, families, GP surgeries and various other NHS professionals, Social Workers and Adult Social Care personnel, various departments of the NHS, Social Prescribing Teams (Linking Leeds), Memory Support Workers, and self-referrals.

We endeavor to support all older residents, family, and carers as appropriate to support independent living and relieve isolation and loneliness.

Fundraising

We strive to achieve the highest fundraising standard and value all our supporters. We stay up to date with developments in charity regulations, data protection, and the Fundraising Preference Service (FPS) to ensure we are legally compliant and adhering to guidelines. No complaints have been received about fundraising in this financial year.

Aside from the restricted funds indicated in notes 3 and 4 of the financial statements, during the year ended 31 March 2025 we received the following fundraising and donations:

AVSED Fundraising Activities
Judith Colley – Leeds 10k £445
AVSED Christmas Fayre £3,410
External Fundraising
Denison’s Funeral Directors £ 131
Rufford Park Bowling Cub – Raffle
£220
Donations from individuals
Members and volunteers £3,471
Funeral Collections
Joyce Alderman
£232
Christine Wray
£331
Mr Ingram
£500
Roger Halliwell £723
Ronald Fieldhouse
£140
Ronald Gill
£102
Legacies
Freda Stewardson
£1,000
Organisational Donations
Leeds Bradford Airport £5,000
The Little Fisherman £100
Washburn Heritage Centre £25
Brewhouse (Yeadon) £35
Pizza House Company £80
Morrish Solicitors Newsletter sponsorship £1,200
Skipton Building Society £600
Aireborough Pacers £1,000
Yeadon Charities £5,780
Ghyll Royd Nursing Home £862
Powerhouse Gym £496
Windmill Community Transport £1,000
Rufford Park Bowling Club £220

Financial Review

AVSED have developed a new 5-year strategy which will develop our fundraising efforts and support work that will encourage self-sufficiency and avoid over reliance on specific funding avenues. The finances of the charity are satisfactory based on the current financial climate we are enduring. The net income for the year was £1,512, (2024 £79,137). As at 31 March 2025, the total funds of the charity were £221,100 (2024 - £219,588).

6

Aireborough Voluntary Services to the Elderly (AVSED)

Reserves Policy

The management committee has established a policy whereby the unrestricted funds not committed or invested in tangible assets (the free reserves) held by the charity should be around three months of expenditure, which equates to £90,000 in general funds. At this level, the management committee feels that it would be able to continue the current activities of the charity in the event of a significant drop in funding. At present, the free reserves, which amount to £146,142, exceed this level, but the management committee is aware of the need to continually consider ways in which additional unrestricted funds can be raised as existing funding streams may change in the future years.

Trustees and their statutory responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and UK Accounting Standards (UK Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the situation of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing those 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 charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small Company Rules

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

The financial statements were approved by the Board of Trustees on 15.09.2025 and approved on their behalf by:

Elaine O’Brien

Elaine O’Brien (Chair of the Trustees)

7

Aireborough Voluntary Services to the Elderly (AVSED)

Independent Examiner’s Report to the Trustees

I report to the charity trustees on my examination of the financial statements of the Charitable Company for the year ended 31 March 2025.

Responsibilities and basis of the report

As the charity’s Trustees, and also its directors for the purposes of company law, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the financial statement of the Company is not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s financial statements as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner’s Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act: or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and 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 financial statements to be reached.

Simon Bostrom

Simon Bostrom FCIE DATE 17.09.2025

West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

8

Aireborough Voluntary Services to the Elderly (AVSED) Statement of Financial Activities for the year ended 31 March 2025 (including Income and Expenditure Account)

Unrestricted Restricted Total Unrestricted Restricted Total
Note Funds Funds 2025 Funds Funds 2024
£ £ £ £ £ £
Income from:
Donations 3 26,897 41,957 68,854 19,640 62,474 82,114
Charitable
Activities 4 79,312 282,339 361,651 56,254 258,554 314,808
Investments 2,868 0 2,868 1,459 0 1,459
Total Income 109,077 324,296 433,373 77,353 321,028 398,028
Expenditure on:
Raising Funds 5 0 4,250 4,250 0 4,589 4,589
Charitable
activities 6 109,565 318,046 427,611 62,313 252,342 314,655
Total
expenditure 109,565 322,296 431,861 62,313 256,931 319,244
Net income and net
movement
of funds (488) 1,999 1,512 15,040 64,097 79,137
Total funds
Brought forward 16 186,507 33,081 219,588 111,139 29,312 140,451
Transfer between funds 3,550 (3,550) 0 60,328 (60,328) 0
Total funds carried
forward 16 189,570 31,530 221,100 186,507 33,081 219,588

There were no recognised gains and losses for the year other than those included in the income and expenditure account. All activities derive from continuing operations.

The notes on pages 11 to 23 form part of these financial statements.

9

Aireborough Voluntary Services to the Elderly (AVSED) Balance Sheet at 31 March 2025

2025
2024
Note
£
£
£
£
Fixed Assets:
Tangible Fixed Assets
11
56,376
70,251
Current Assets
Debtors
12
3,873
2,077
Cash at bank
182,335
153,848
Cash in hand
201
114
186,410
156,039
Liabilities:
Creditors: amounts falling due within
one year
13
(21,686)
(6,702)
Net Current assets
164,724
149,337
Net Assets
15
221,100
219,588
Funds:
Unrestricted Funds
15,16
189,570
186,507
Restricted Funds
15,16
31,530
33,081		 2025
2024
Note
£
£
£
£
11
56,376
70,251
12
3,873
2,077
182,335
153,848
201
114
186,410
156,039
15
221,100
219,588
15,16
189,570
186,507
15,16
31,530
33,081
Total funds 221,100
219,588

For the financial year ended 31 March 2025, the company was entitled to exemption from audit under section 477 Companies Act 2006. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006.

The Trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records that comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the charitable company at the end of the financial year end of its income and expenditure for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The notes on pages 11 to 21 form part of these financial statements.

The Financial Statements were approved by the Board of Trustees on 15.09.2025, and signed on their behalf by:

Elaine O’Brien

Elaine O’Brien (Chair of the Trustees)

10

Aireborough Voluntary Services to the Elderly (AVSED)

Notes to the Financial Statements for the year ended 31 March 2025

1. Accounting Policies

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

The charity is limited by a guarantee and does not have share capital. The liability of members (Trustees) is limited to £1 per member. The charity was incorporated in England, and the registered office is Greenacre Hall New Road Side, Rawdon, Leeds. LS19 6AS.

The financial statements have been prepared on a going concern basis 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 (FRS102) (effective 1 January 2015) (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Ireland (FRS102), the Companies Act 2006 and the Charities Act 2011.

The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1.

Aireborough Voluntary Services to the Elderly meets the definition of a public benefit entity under FRS102.

Assets and liabilities are initially recognised at cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The Trustees have prepared financial projections, taking into consideration the current economic climate and its potential impact on the sources of income and planned expenditure. They have a reasonable expectation that adequate financial resources are available to enable the charity to continue in operational existence for the foreseeable future and have adequate contingency plans if income streams are reduced. Consequently, the financial statements have been prepared on the basis that the charity is a going concern.

Income

Donations and legacies, which include grants, are included in the SoFA when it is probable that the funds will be received and that they can be measured with sufficient reliability.

Grants, including grants for the purchase of fixed assets, are recognised in full in the SoFA in the period in which they are receivable.

The value of services provided by volunteers is not included.

Trading and investment income are accounted for on an accrual basis.

Where income is received specifically for expenditure in a future accounting period that amount is deferred.

Expenditure is recognised in the period in which it is incurred. Expenditure includes attributable VAT which cannot be recovered.

Charitable expenditure comprises those costs incurred by the charity in the deliverance of its activities and services for its beneficiaries. It includes both costs that can be directly allocated to such activities and those costs of an indirect nature necessary to support them.

Support costs comprise all non-attributable costs including Finance, Human Resources, Information Technology, and Administration. These costs are set out in note 7.

11

Aireborough Voluntary Services to the Elderly (AVSED)

Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

Staff costs

The costs of short-term employee benefits are recognised as a liability and an expense where the settlement of obligations does not fall within the same period.

The charity contributes to a defined contribution scheme. Amounts due to this scheme are recognised as an expense in the SoFA when they fall due for payment.

Funds held by the charity are either:

Tangible fixed assets and depreciation

Tangible fixed assets for use by the charity are stated at cost less depreciation.

Assets are capitalised if their purchase price exceeds £1,000.

Assets transferred from the unincorporated charity were transferred at fair value and are depreciated considering the number of years of depreciation that had already been charged on the assets in that charity.

Depreciation is calculated to write down the cost of tangible fixed assets (less expected residual value) evenly over their expected useful lives on the following bases:

Minibus Straight line over 5 years Furniture and Equipment Straight line over 5 years Leasehold improvements Over the life of the lease

Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS102 to all its financial instruments.

Cash at the bank and cash in hand includes cash and short-term highly liquid investments with a short maturity held for working capital. Bank overdrafts are shown within borrowing in current liabilities.

Debtors

Debtors, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Debtors are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in the income and expenditure account.

12

Aireborough Voluntary Services to the Elderly (AVSED)

Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

Creditors and Provisions

Creditors are derecognised when, and only when, obligations are discharged, cancelled, or expire.

Amounts recognised as provisions are best estimates of the consideration required to settle the present obligation at the reporting end date, considering the risks and uncertainties surrounding the obligation.

Taxation

2. Critical Accounting Estimates and Judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgments, estimates, and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

There are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.

13

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

3. Donations

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds 2025 Funds Funds 2024
£ £ £ £ £ £
Donations
(Inc. Gift Aid) 25,392 0 25,392 19,640 15,000 34,640
Leeds Older Peoples
Forum 0 0 5,300 5,300
Leeds Community
Foundation 1,557 1,557 3,121 3,121
Leeds Community Anchor
Network 0 0 5,850 5,850
Leeds Community
Foundation 3,000 3,000 2,940 2,940
Dept of Transport -BSOG 1,505 0 1,505 0 0
Leeds Community Anchor
Network 10,500 10,500 12,500 12,500
Leeds Older Peoples
Forum 22,000 22,000 4,500 4,500
Leeds Community Anchor
Network 0 0 6,000 6,000
Hedley – Winter Support 0 0 3,000 3,000
Voluntary Action Leeds 4,900 4,900 1,100 1,100
Volition – Air Purifier 0 0 750 750
Windmill Community Trust
- Trips 0 0 765 765
Leeds Older Peoples
Forum – Brighter Days 0 0 1,148 1,148
Leeds City Council: MICE
Dementia Event 0 0 200 200
Leeds City Council: MICE
Office move 0 0 300 300
**26,897 ** **41,957 ** **68,854 ** 19,640 62,474 82,114

14

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

4. Charitable Activities

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds 2025 Funds Funds 2024
£ £ £ £ £ £
Grants and contracts:
LCC Adult Social Care 0 85,694 85,694 0 85,964 85,964
Big Lottery (Supporting
Aireborough)		 0 91,671 91,671 0 93,202 93,202
Motability - Capital 0 0 0 0 37,000 37,000
Motability - Operations 0 40,441 40,441 0 42,389 42,389
Groundwork 56,263 56,263 0 0 0
Morrisons 8,000 8,000 0 0 0
0 282,339 282,339 0 258,554 258,554
Other fees 79,312 0 0 56,254 0 56,254
79,312 282,339 361,651 56,254 258,554 314,808

5. Raising Funds

Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Expenditure on Raising Funds 0 4,250 4,250 4,589

15

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

6. Charitable Activities

The charity has one charitable activity which is the prevention of social isolation.

Unrestricted Restricted Total
For the year ended 31 March 2025 Funds Funds 2025
£ £ £
Charitable activities:
Equipment and services provided 20,714 14,835 35,549
Events and outside visits 7,930 92 8,022
Grants repayable 0 0 0
Staff salary costs 31,325 186,178 217,503
Pension costs 1,702 7,925 9,627
Payroll costs 0 1,703 1,703
Staff training 1,429 410 1,839
Recruitment and CRB checks 80 569 649
Protective clothing 524 0 524
Staff and volunteers travelling expenses 1,541 115 1,656
Office rent and related services 15,113 1,720 16,833
Food purchases 9,656 2,219 11,893
Repairs and maintenance 172 61,424 61,596
Minibus expenses 3,758 6,148 9,906
Minibus depreciation 11,208 0 11,208
Depreciation of equipment 0 3,127 3,127
Depreciation of leasehold buildings 0 2,772 2,772
Sundries 879 665 1,544
Support costs (Note 7) 3,614 28,046 31,660
109,565 318,046 427,611

16

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025(Continued)

6. Charitable Activities (continued)

Unrestricted Restricted Total
For the year ended 31 March 2024 Funds Funds 2024
£ £ £
Charitable activities:
Equipment and services provided 12,354 17,035 29,389
Staff salary costs 20,284 166,271 186,555
Events and outside visits 2,872 965 3,837
Grants repayable 0 4,535 4,535
Pension costs 890 7,328 8,218
Payroll costs 0 1,454 1,454
Staff training 455 1,094 1,549
Recruitment and CRB checks 30 175 205
Protective clothing 0 133 133
Staff and volunteers travelling expenses 1,640 668 2,308
Office rent and related services 0 14,717 14,717
Food purchases 5,698 243 5,941
Repairs and maintenance 1,762 2,748 4,510
Minibus expenses 10,172 2,100 12,272
Minibus depreciation 4,716 4,918 9,634
Depreciation of equipment 0 1,050 1,050
Depreciation of leasehold buildings 0 1,155 1,155
Sundries 145 1,443 1,588
Support costs (Note 7) 1,295 24,310 25,605
62,313 252,342 314,655

17

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

7. Analysis of Support Costs
Basis of
Total
allocation
2025
£
Staff costs (including pension costs)
Time
8,556
Computer equipment, software and
servicing
Direct
8,464
Printing and stationery
Direct
5,975
Office supplies
Direct
0
Postage
Direct
74
Subscriptions, donations and fees
Direct
817
Telephone
Direct
1,201
Insurance
Direct
1,490
Bank charges
Direct
856
Professional fees
Direct
3,177
Independent examination
Direct
1,050		 Total
2024
£
7,372
7,758
4,976
3
306
918
962
1,091
1,004
2,164
1,050
31,660 25,605

8. Net movement of funds

This is stated after charging
2025 2024
£ £
Depreciation 17,107 11,839
Independent examiner's fees (inclusive of VAT) 1,050 1,050

9. Employee information

Staff costs for the year were as follows 2025 2024
£ £
Wages and salaries 216,520 187,479
Social security costs 13,587 10,839
Pension costs 9,829 8,416
239,936 **206,734 **

No employee earned £60,000 or more during the year (2024 - no employee)

18

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

9. Employee Information (continued)

The average number of employees during the year was as follows:
2025		 2024
Charitable work-activities for the elderly
9		 8

The Trustees consider its key management personnel comprises the Chair and Scheme Manager. The total employee benefits including employer benefit contributions of the key management personnel were £42,500 (2024: £41,670).

10. Trustees

No member of the board of Trustees or any person connected with them has received or is due to receive any remuneration for this or the previous financial year.

A total of £28 was reimbursed in the year to Trustees in respect of expenses incurred on behalf of the charity (2024: £23).

11. Tangible Fixed Assets
Leasehold
Motor
Buildings
Equipment
Vehicles
Total
£
£
£
£
Cost of valuation
As at 01 April 2024
13,863
17,077
90,605
121,545
Disposals
0
0
0
0
Additions during the year
0
3,232
0
3,232
As at 31 March 2025
13,863
20,309
90,605
124,777
Depreciation
As at 01 April 2024
1,155
8,041
42,098
51,294
Disposals
0
0
0
0
Charge for the year
2,772
3,127
11,208
17,107
As at 31 March 2025
3,927
11,168
53,306
68,401
Net book value
At 31 March 2024
12,708
9,036
48,507
70,251
At 31 March 2025
9,936
9,141
37,299
56,376

12. Debtors

Debtors
2025
2024
£
£
Trade debtors
2,369
1,441
Prepayments
518
0
Gift Aid recoverable
986
636
3,873
2,077

19

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

13. Creditors: Amounts Falling Due Within One Year

2025 2024
£ £
Accruals 14,211 2,167
Other creditors 7,475 4,535
Deferred income(see Note 14) 0 0
0 6,702

14. Deferred Income

2025 2024
£ £
Balance as at 31 March
2022 0 5,000
Amount released to income 0 (5,000)
The amount deferred in theyear 0 0
0 0

15. Analysis of Net Assets by Fund

Tangible Net
As at 31 March 2025 fixed current Total
assets assets 2025
£ £ £
Unrestricted funds 43,427 146,143 189,570
Restricted funds 12,949 18,581 31,530
Total funds 56,376
164,724		 221,100
Tangible Net
As at 31 March 2024 fixed current Total
assets assets 2024
£ £ £
Unrestricted funds 52,586 133,921 186,507
Restricted funds 17,665 15,416 33,081
Total funds 70,251
149,337		 219,588

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Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

16. Movements in Funds

For the year ending
31st March 2025 Balance Balance
01 April Transfer 31 March
2024 Income Expenditure of funds 2025
£ £ £ £ £
Unrestricted funds:
General funds 186,506 109,077 109,565 3,552 189,570
Restricted funds:
Leeds Adult Social Care 0 85,964 85,964 0 0
National Lottery - Supporting Aireborough 289 91,671 91,960 0 0
Voluntary Action Leeds – Hardship Fund 0 10,500 10,500 0 0
Motability - Operational Grant 31,793 40,441 41,904 0 30,330
Groundwork UK – Energy Efficiency
Grant 0 56,263 51,511 (3,552) 1,200
Morrisons – Disabled Toilet Grant 0 8,000 8,000 0 0
Leeds Older Peoples Forum - Enhance 0 22,000 22,000 0 0
Leeds Community Foundation – Lunch Club
Grant 0 1,557 1,557 0 0
Leeds Community Foundation – Stay
Well This Winter 0 3,000 3,000 0 0
Voluntary Action Leeds – Warm Spaces 0 4,900 4,900 0 0
Leeds Community Anchor Network –
LCP Pilot 1,000 0 1,000 0 0
Total restricted funds 33,082 324,296 322,296 0 31,530
Total funds: 219,588 433,373 431,861 0 221,100

Purposes of funds 24/25:

21

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

Purposes of funds 24/25 (continued):

For the year ended
31 March 2024		 Balance
1 April
2023		 Income Expenditure Transfer
Of funds		 Balance
31 March
2024
Unrestricted funds:
General funds 111,138 84,615 69,575 60,328 186,506
Restricted funds:
Department of Transport 3,295 0 3,295 0
Leeds Adult Social Care 482 85,964 86,446 0
Supporting Aireborough Lottery (1,046) 93,202 91,867 289
LOPF Transport 3,530 5,300 6,665 (2,165) 0
Driver Fund 16,802 - 9,892 (6,910) 0
Mice Money – Xmas Gifts 15 0 15 - 0
LCAN - Warm Spaces 916 5,850 6,766 0
LCAN - Hardship Fund 1,531 12,500 14,031 0
LCF - Winter Fund 3,788 2,940 2,940 (3,788) 0
Motability - Capital Grant 0 37,000 4,535 (32,465) 0
Motability – Operations Grant 0 42,389 10,596 31,793
National Lottery – Awards for all 0 10,000 0 (10,000) 0
Frank Parkinson Trust 0 5,000 0 (5,000) 0
LOPF – Warm and Well 0 4,500 4,500 0
LCAN – LCP Pilot 0 6,000 5,000 1,000
LCF – Lunch Club 0 3,121 3,121 0
Total restricted funds 29,313 313,766 249,669 (60,328) 33,082
Total funds
 140,451 398,381 319,244 0 218,588

Purpose of funds 23/24:

22

Aireborough Voluntary Services to the Elderly (AVSED) Notes to the Financial Statements for the year ended 31 March 2025 (Continued)

Purpose of funds 23/24 (continued)

17. Commitments

At the 31 March 2025 the charity had total commitments under non-cancellable operating leases as follows:

Land and 2025 2024
Buildings Equipment Total Total
£ £ £ £
Due:
Under one year 0 2,016 2,016 18,849
Between one and five years 0 4,080 4,080 70,596
0
6,096		 6,096 89,445

Post Balance Sheet Event and Leasehold Commitments

On the 01 May 2025, Greenacre Community Hall Association (Charity no: 1045190) was dissolved and the assets and liabilities of the organisation were transferred to AVSED. As a result of this change, the five-year leasehold agreement signed by AVSED in October 2023 was terminated.

AVSED are currently in negotiation with Leeds Citty Council to agree the terms of a long-term lease to continue the operations of Greenacre Hall.

18. Pension Costs

The charity contributes to a defined contribution scheme, the cost to the charity in the year was £9,829 (2024: £8,416).

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