2021-08-31-accounts - Age Concern Tyneside South

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

					Page
Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report	to the	trustees			10
Statement offinancial activities	(including		income and
expenditure account)
Statement offinancial position					12
Statement ofcash flows					13
Notes to the financial statements					14

Trustees' Annual Report (Incorporating th	Trustees' Annual Report (Incorporating th	Trustees' Annual Report (Incorporating th	Trustees' Annual Report (Incorporating th	e	Director's Re
Year ended 31 August 2021
Reference	and administrative		details
Registered	charity name		Age Concern Tyneside South
Charity registration		number	1168807
Company	registration	number	10294887
Principal office and registered			29 Beach Road
office			South Shields
			NE33 2QU
			England
The trustees
			M Adams (Appointed		1 April 2022
			I Brimer (Appointed	1	April 2022)
			R Gillies
			N Kaier (Appointed	1	September 2021)
			J Puech (Appointed	7	November 2021)
			R Staward
			A Trollope
			I C Ward
Accountants			Stephenson Goatee	Audit Limited
			Chartered Accountants
			West 2, Asama Court
			Newcastle Business	Park
			Newcastle upon Tyne
			NE4 7YD
Solicitor			Collingwood Legal
			30Riverside Studios
			Amethyst Road
			Newcastle Business	Park
			Newcastle upon Tyne
			NE4 7YL
Bankers			Barclays Bank
			Fawcett Street
			Sunderland
			SR1 1RS

31 August 2021
						2021		2020
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note	5	E		f
Income and endowments
Donations and legacies				5	236,903	157,165	394,068	336,407
Charitable activities				6	550,705		550,705	388,175
Other trading activities				7	10,663		10,663	34,607
Investment income				8	88		88	192
Other income				9	20,169		20,169	43,191
Total income					818,528	157,165	975,693	802,572
Expenditure
Expenditure on raising funds:
Costs of other	trading	activities		10	1,130		1,130	690
Expenditure on charitable		activities		11,12	690,505	175,433	865,938	799,636
Total expenditure					691,635	175,433	867,068	800,326
Net income and net movement			in	funds	126,893	(18,268)	108,625	2,246
Reconciliation offunds
Total funds brought	forward				414,098	23,268	437,366	435,120
Total funds carried	forward				540,991	5,000	545,991	437,366

31August 202	1
					2021	2020
Fixed assets
Tangible fixed assets				17	563,669	578,210
Investments				18	2	2
					563,671	578,212
Current assets
Debtors				19	83,084	81,602
Cash at bank and	in	hand			361,348	250,527
					444,433	332,129
Creditors: amounts		falling	due within one year	20	285,907	280,577
Net current assets					158,526	51,552
Total assets less	current		liabilities		722,197	629,764
Creditors: amounts		falling	due after more than one year	21	176,206	192,398
Net assets					545,991	437,366
Funds ofthe charity
Restricted funds					5,000	23,268
Unrestricted funds					540,991	414,098
Total charity funds				23	545,991	437,366

			2021	2020
			E	E
Cash flows from operating	activities
Net income			108,625	2,245
Adjustments for.
Depreciation oftangible fixed assets			16,601	16,834
Other interest receivable and similar income Interest payable and similar charges Accrued expenses			(88) 6,806 (550)	(192) 8,460 1,086
Changes/n:
Trade and other debtors Trade and other creditors			(1,483) 4,579	(60,363) 43,695
Cash generated from operations			134,489	11,765
Interest received			88	192
Net cash from operating activities			134,577	11,957
Cash flows from investing	activities
Purchase of tangible assets			(2,060)	(205)
Net cash used in investing actwities			(2,060)	(205)
Cash flows from financing	activities
Repayments ofborrowings			(21,696)	(22,596)
Net cash used in financing activities			(21,696)	(22,596)
Net (decrease)/increase in Cash and cash equivalents	cash and cash at beginning	equivalents of year	110,821 250,527	(10,844) 261,371
Cash and cash equivalents	at end of year		361,348	250,527
Statement of net funds:			2021	2020
			E
Cash and cash equivalents			361,348	250,527
Bank borrowings due within Bank borrowings due over	one year one year		(14,886) (176,206)	(14,135) (192,398)
			170,256	43,994

Freehold property	2% straight line	2% straight line
Fixtures and fittings	15%reducing	balance
Motor vehicles	25% reducing	balance

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			6	f	f
Donations
Donations			28,671		28,671
Legacies
Legacies			76,975		76,975
Grants
Henry Smith Foundation				59,300	59,300
South Tyneside	MBC		55,501		55,501
Community Foundation		Tyne &Wear and
Northumberland				43,212	43,212
Big Lottery —Reaching		Communities	33,085		33,085
Community Lottery				30,123	30,123
Energy Redress			25,373		25,373
Masonic Charitable				19,530	19,530
The Good Things	Foundations		10,750		10,750
The Sobell Foundation			5,000		5,000
Elise Plckering				5,000	5,000
Other			1,548		1,548
			236,903	157,165	394,068

Ye	ar ended 31 August	ar ended 31 August	ar ended 31 August	2021
5.	Donations, Legacies			&Grants	(conrinuerrf
						Unrestricted	Restricted	TotalFunds
						Funds	Funds	2020
						F	f	f
	Donations
	Donations					66,548		66,548
	Legacies
	Legacies
	Grants
	Big Lottery- Reaching			Communities			81,461	81,461
	Community Foundation			Tyne &	Wear and
	Northumberland					19,372	34,125	53,497
	Big Lottery - Awards		for All				34,725	34,725
	The Good Things Foundations					23,021		23,021
	South Tyneside CCG					18,950		18,950
	The Clothworkers	Foundation				15,000		15,000
	Frailty & Rockwood		Engagement				13,450	13,450
	Bernice Foundation						8,179	8,179
	Guys &St Thomas		NHS Foundation				6,400	6,400
	Other					2,700	3,000	5,700
	NHS South Tyneside					5,000		5,000
	The Energy Saving		Foundation				4,476	4,476
						150,591	185,816	336,407

Charitable activ	ities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
			f	f	f
South Tyneside	MBC	231,456	231,456	256,865	256,865
Gateshead CCG				45,315	45,315
South Tyneside	CCG	201,796	201,796
Home Support		117,454	117,454	85,995	85,995
		550,705	550,705	388,175	388,175

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
			f
Fundraising	events	16		16
Rental income 8 room hire		9,680		9,680
Reception	income	968		968
		10,663		10,663
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
				f
Fundraising	events	910		910
Rental income & room hire		29,906	(180)	29,726
Reception	income	3,221	750	3,971
		34,037	570	34,607

			Unrestricted	Funds	Unrestncted	Funds
			Funds	2021	Funds	2020
			5	6
Bank	interest	receivable	88	88	192	192

Other income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
Other income		8,964	8,964	15,660	15,661
Receipts from the Coronavirus	Job
Retention Scheme		11,204	11,204	27,530	27,530
		20,169	20,169	43,190	43,191

Costs	of	other	trading activiti	es
				Unrestricted	Total	Funds	Unrestricted	Total	Funds
				Funds		2021	Funds		2020
				6		8			f
Costs	of	raising	funds	1,130		1,130	690		690

Expenditure	on charita	ble activities by	fund type
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			f	f	6
Direct costs			13,298	273	13,571
Advertising
Premises costs			12,036	5,369	17,405
Office costs			11,897	18,336	30,233
Travel costs			11,274		11,274
Motor running	expenses		25,240		25,240
Other costs			10,725	454	11,179
Bank charges	and interest
Staff costs			441,063	107,945	549,008
Legal and professional		costs	2,272	1,077	3,349
Support costs			162,702	41,979	204,680
			690,505	175,433	865,938
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
			6
Direct costs			3,384	413	3,797
Advertising
Premises costs			8,429	4,507	12,936
Office costs			28,733	12,431	41,164
Travel costs			12,827	2,212	15,039
Motor running	expenses		20,283		20,283
Other costs			3,210	1,374	4,583
Bank charges	and interest		(101)		(101)
Staff costs			361,229	138,774	500,004
Legal and professional		costs	2,802	10,119	12,920
Support costs			133,697	55,312	189,011
			574,493	225,142	799,636

Expenditure	on charita	ble activiti	es by activity type
			Activities
			undertaken	Support	Total funds	Total fund
			directly	costs	2021	2020
			E	E	E
Direct costs			13,571		13,571	3,797
Advertising				1,929	1,929	2,316
Premises costs			17,405	2,463	19,867	15,210
Office costs			30,233	34,167	64,400	72,715
Travel costs			11,274	2,651	13,925	17,487
Motor running	expenses		25,240	223	25,463	20,489
Other costs			11,179	1,715	12,894	13,866
Bank charges	and interest			7,969	7,969	9,073
Staff costs			561,519	120,378	681,897	611,165
Legal and professional		costs	3,349	4,073	7,422	16,684
Depreciation				16,601	16,601	16,834
			661,257	204,680	865,938	799,636

13.	Net income
	Net income	is stated after		charging/(crediting):
							2021	2020
							E	E
	Depreciation	oftangible	fixed assets				16,601	16,833
14.	Independent	examination		fees
							2021	2020
							E	E
	Fees payable	to the independent			examiner	for
	Independent	examination		of the	financial statements		1,900	1,440
15.	Staff costs

Staff costs
The total staff costs and	employee	benefits for the reporting	period	are analysed as	follows:
				2021	2020
				E
Wages and salaries				621,100	574,020
Social security costs				36,776	29,098
Employer contributions	to pension	plans		7,605	7,536
				665,481	610,654

professional or other services supplied to th Tangible fixed assets	e charity.
	Freehold	Fixtures and	Motor
	property 8	fittings f	vehicles f	Total
Cost
At 1 September 2020	599,000	54,780	750	654,530
Additions		60	2,000	2,060
At 31 August 2021	599,000	54,840	2,750	656,590
Depreciation
At 1 September 2020	47,920	28,072	328	76,320
Charge for the year	11,980	4,015	606	16,601
At 31 August 2021	59,900	32,087	934	92,921
Carrying amount
At 31 August 2021	539,100	22,753	1,816	563,669
At 31August 2020	551,080	26,708	422	578,210
Investments
				Shares in
				group
			undertakings
Cost or valuation
At 1 September 2020 and 31 August 2021
Impairment
At 1 September 2020 and 31 August 2021
Carrying amount
At 31 August 2021
At 31August 2020

Debtors
			2021	2020
			f	6
Trade debtors			78,470	76,089
Other debtors	and prepayments		4,614	5,512
			83,084	81,601
Creditors: amounts		falling due within one year
			2021	2020
			f
Bank loans and overdrafts			14,886	14,135
Trade creditors			9,967	1,374
Social secunty	and	other taxes	13,604	68,421
Other creditors			247,450	196,647
			285,907	280,577
Creditors: amounts		falling due after more than one year
			2021	2020
			f	E
Bank loans and	overdrafts		176,206	192,398

			At				At
		1	September			31	August
			2020 f	Income E	Expenditure f		2021 f
General	funds		414,098	818,528	(691,635)		540,991

Restricted funds
		At			At
		1 September			31August
		2020	Income	Expenditure	2021
		f	6	f	6
Henry Smith Foundation			59,300	(59,300)
Community Foundation	Tyne &Wear
and Northumberland		790	43,212	(44,002)
Community Lottery			30,123	(30,123)
Masonic Charitable			19,530	(19,530)
Heritage Lottery Fund		8,203		(8,203)
Big Lottery Partnership		7,837		(7,837)
Elise Pickering			5,000		5,000
Frailty & Rockwood Engagement		3,450		(3,450)
Other		2,988		(2,988)
		23,268	157,165	(175,433)	5,000

Unrestricte	d funds
		At
		1 September			At 31 August
		2019	Income	Expenditure	2020
		6	8	6
General funds		373,096	616,185	(575,183)	414,098
Restricted	funds
		At
		1 September			At 31 August
		2019 f	Income 6	Expenditure 6	2020 E
Big Lottery—
Reaching	Communities	47,899	82,211	(130,110)
Heritage Lottery Fund		8,207		(4)	8,203
Community	Foundation	1,372	33,945	(34,527)	790
Charities Aid Foundation		8,036		(8,036)
Vera Baird	Victim Support	1		(1)
Other			3,000	(12)	2,988
Big Lottery	Partnership	(3,491)	34,725	(23,397)	7,837
Frailty & Rockwood Engagement			13,450	(10,000)	3,450
The Energy Saving Foundation			4,476	(4,476)
Guys &St	Thomas-
NHS Foundation			6,400	(6,400)
Bernica Foundation			8,179	(8,179)
		62,024	186,386	(225,142)	23,268

				Unrestricted	Restricted	Total Funds	TotalFunds
				Funds	Funds	2021	2020
				f		6
Tangible	fixed assets			563,671		563,671	578,212
Current	assets			439,433	5,000	444,433	332,128
Creditors	less than	1	year	(285,907)		(285,907)	(280,577)
Creditors	greater than		1 year	(176,206)		(176,206)	(192,398)
Net assets				540,991	5,000	545,991	437,365