## **Trustees’ Annual Report for the period** ## **From 1[st] April 2024 to 31[st] March 2025** ## **Charity name: Age Concern Voluntary Association for the Elderly Merstham, Redhill and Reigate** ## **Charity registration number: 1173649** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To promote the relief of elderly people in
any manner which now is or hereafter may
be deemed by law to be charitable in and
around Merstham, Redhill and Reigate
within the County of Surrey (“the area of
benefit”)| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The primary activities undertaken by the
charity are the provision of a day centre for
older people living the area of benefit. The
day centre provides a variety of activities,
designed for mental and physical
stimulation, as well as ancillary services to
support well-being e.g. hairdresser, and
audiology maintenance. The charity owns
two minibuses which are used to transport
people to the centre, and a cook is
employed to provide a hot meal or snack
option. There is a Men’s Shed in the
garden of the centre for older men who
would be at risk of social isolation. A
Befriending Service available for older
people who are less mobile and unable to
attend the day centre. The charity
signposts information and advice where
appropriate and is a reference point for
older people and their carers.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Any decision relating to the overall
business development of the charity,
including but not limited to service delivery,
fundraising and external events, is made
with full consideration of all relevant
factors. The Trustees will consider how any
decision will fit within the core mission and
purpose of the charity, whilst taking into
consideration the Charity Commission
guidance on public benefit.| **Additional information (optional)** You may choose to include further statements where relevant about: ~~a~~ SORP reference |Contribution made by
volunteers.|Para 1.38|The charity relies heavily on the
contribution of volunteers in all areas of
service delivery, administration, and
Governance, and many of the services
simply would not happen without their
input. Volunteers help in the day centre,
with activities, refreshments, cleaning,
driving and escorting members on the
minibus. The Befriending service
comprises of a team of volunteers carefully
matched with a lonely older person, the
coordinator ensures people with similar
interests and personalities are matched
and we often see genuine, long-lasting
friendships develop.
We have noticed an increase in corporate
volunteering and have benefitted from
individual team members using their
Corporate Social Responsibility (CSR)
days to help with bespoke projects as well
as corporate teams helping with major
projects. It is a real bonus to be nominated
as the recognised charity of choice for
corporate organisations and apart from the
financial benefits incurred the charity can
benefit in many other ways from the
intellectual property the corporate
organisation can offer.| |---|---|---| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The main purpose of the charity is to help
prevent loneliness and social isolation
amongst older people living in the
catchment area. This is achieved through
all areas of service delivery by bringing
people together, cultivating friendships and
helping people to remain living
independently in their own homes for as
long as is practical and they so wish.
The trustees are responsible for reacting to
the changing needs of the community and
ensuring any new services offered meet
the demand whilst maintaining the integrity
and core values of the charity. An example
of this is the Men’s Shed which was
established to offer an alternative to the
growing number of socially isolated older
men who were desperate for company but
reluctant to attend a traditional day centre.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity had account balance of
£38,066. At the end of the year the charity
had total reserves of £258,361. This
includes: £143,802 of tangible fixed assets
£63,312 of free reserves and
£20,000 of designated reserves.
£31,247 of restricted funds| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees maintain reserves to ensure
financial stability and support the charity’s
objectives. Current reserves cover at least
six months of operating costs, with
designated funds set aside for urgent major
repairs. Reserves are reviewed at the bi
monthly Trustee meetings.| |Amount of reserves held|Para 1.22|£63,312 Free Reserves
£20,000 Designated Reserves| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|Reigate & Banstead Borough Council
(RBBC) is part of a plan to reorganise local
government in Surrey, where it will be
combined with other councils to form a
new**East Surrey unitary authority**in April
2026. This change brings uncertainty with
any core funding going forward. In addition,
we rely on core and project funding to
operate, due to increased competition and
demand, grant applications have surged by
an estimated 30-50%, while overall funding
from local government has seen sharp
declines in recent years, creating intense
competition for available funds| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|
Para 1.25|Constitution| |How is the charity
constituted?
(e.g. unincorporated
association, CIO)|Para 1.25|Association CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The members or the charity trustees may
at any time decide to appoint a new charity
trustee, whether in place of a charity
trustee who has retired or been removed in
accordance with clause 15 of the
Constitution (Retirement and removal of
charity trustees), or as an additional charity
trustee, provided that the limit specified in
clause 12 (3) (of the Constitution) on the| number of charity trustees would not as a result be exceeded. ## **Additional information (optional)** You may choose to include further statements where relevant about: |Relationship with any
related parties|Para 1.51|The charity received core funding this year
and currently we are commissioned service
partner with the Borough of Reigate and
Banstead Council. Funding is not
guaranteed.| |---|---|---| ## **Reference and Administrative details** |Charity name|Age Concern Voluntary Association for the Elderly Merstham,
Redhill and Reigate| |---|---| |Other name the charity uses|Age Concern Merstham, Redhill and Reigate (MRR)| |Registered charity number|1173649| |Charity’s principal address|The Merstham Centre
Weldon Way
Merstham
Surrey RH1 3QB| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Alison Louise
Dadswell|Chair||| ||Claire Pidgeon|Treasurer||| ||Anand Gulati LLB|President||| ||Angela Fraser DL|Patron||| ||Melissa Dunn|Trustee||| ||Emma Stockdale|Trustee|Resigned Feb 2025|| ||Martin Gillard|Trustee|Joined March 2025|| ||Brett Loft|Trustee|Joined March 2025|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved. **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others.** Description of the assets N/A held in this capacity. Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| Janet McCarten ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details NIA Other optional information Declaratlons Tho trustses declare that they have approved the tru8tee8' rgport abovo. Signed on behalf of the charity's trusttss SOgnature(8) Full name(s) Po8ltlon (o.g. Socretary, Chair Chalr. etc) , Alison Louise Dadswell Date 311111 **AGE CONCERN VOLUNTARY ASSOCIATION FOR THE ELDERLY MERSTHAM, REDHILL & REIGATE** ## **CHARITY N0: 1173649** **-------------------------** ## **ANNUAL ACCOUNTS** **For the year ended 31[st] March 2025** ## Constitution and Objectives Age Concern Voluntary Association for the Elderly Merstham, Redhill and Reigate are a Charitable Incorporated Organisation (CIO) governed by rules set out in its constitution. Its objectives are established in its constitution as being the pursuit of any charitable activity for the benefit of the aged, particularly in or near Merstham, Redhill and Reigate. The Trustees have had regard to the Charity Commission's guidance on public benefit in establishing the aims and activities of the Charity and are satisfied that the aims and activities described in their Annual Report meet the expectations of that guidance. All the Charity's services are provided free of charge or at a cost which is affordable to substantially all potential beneficiaries or otherwise funded by public and private donors at no cost to the beneficiaries. Eligibility to access services is not restricted in any way other than appropriate age and proximity to the Charity's area of operation. Whilst many of the activities benefit the broader community of the Borough and beyond, these benefits are additional and incidental to the Charity's aims. The Trustees are the General Committee set out at the beginning of the report. The General Committee delegates day to day decision making to the Finance and General Purposes Committee, consisting of the Officers. ## **Principal office** The Merstham Centre Weldon Way Merstham Surrey RH1 3QB ## **Independent examiner** Judita Rogers 2 Sunstone Grove Merstham Surrey RH1 3PR ## **Bankers** Charities Aid Foundation (CAF) Bank Skipton Building Society 25 Kings Hill Avenue 43 Church St Kings Hill Reigate West Malling Surrey Kent RH2 0AE ME19 4TA _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ ## **Age Concern Voluntary Association for the Elderly** Merstham, Redhill and Reigate Financial review for the year ended 31 March 2025 The Accounts and Annual Report have been updated and presented in line with the requirements of the Statement of Recommended Practice "Accounting and Reporting by Charities" (FRS 102) issued by the Charity Commission, to the extent applicable to smaller charities. An overview of the accounts is set out in the Treasurers' report earlier in this document. The Trustees continue to acknowledge the significant cost pressures on our commissioned funder, the Borough Council. We remain determined to continue to bring the Charity to a position of financial sustainability by seeking support from a broader range of sponsors and our own fundraising efforts. Corporate partnerships allow us to develop and grow the Charity in key areas and further increase our outreach into the community. The Trustees maintain a risk register and consider risk as part of the decision-making process and management. The Charity is not required to make a statement regarding risk management. The Trustees also take assurance of the procedures and policies in place, their review thereof and from Trustees' direct involvement in the financial management and operations of the Charity. On behalf of the Charity, I would like to say a sincere thank you to Judita Rogers for acting in a voluntary capacity as the Independent Examiner and to Vista Partners LLP for dealing with the Charity's payroll on a pro bono basis. This review, together with the reports contained elsewhere in this document and the legal and administrative information on page one, is the Annual Report of the Trustees for the purposes of the Charities Act 2011. Signed on behalf of the General Committee Alison Dadswell _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ ## **Age Concern Voluntary Association for the Elderly** Merstham, Redhill and Reigate ## **Independent examiner's report to the Trustees of the Age Concern Voluntary Association for the Elderly Merstham, Redhill and Reigate** I report on the accounts for the Charity for the year ended 31 March 2025, which are set out on pages 4 to 12. ## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: * Examine the accounts under section 145 of the 2011 Act: * To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(b) of the 2011 Act; and * To state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the 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 you as 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 matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: * To keep accounting records in accordance with section 130 of the 2011 Act; and * To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or (2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. Judita Rogers 2 Sunstone Grove Merstham Surrey RH1 3PR _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ |**_Age Concern Voluntary Associationfor the Elderly_**|||||| |---|---|---|---|---|---| |**_Merstham, Redhill and Reigate_**|||||| |**Statement of Financial Activities**|||||| |**for theyear ended 31 March 2025**|||||| ||||||| ||||||| |||||**Year ended**
**31 March**
**2025**
**Total**
**£**
**13,234**
**72,375**
**33,585**
**23,261**
**10,714**
**2,000**
**1,797**
**2,500**
**20,000**
**-**
**-**
**2,574**
**-**
**1,074**
**183,114**
**8,628**
**19,165**
**54,430**
**35,202**
**3,999**
**13,103**
**-**
**31**
**1,498**
**1,797**
**2,574**
**2,000**
**2,620**
**-**
**145,048**
**38,066**
**220,295**
**38,066**
-
**258,361**|**_Year ended_**
**_31 March_**
**_2024_**
**_Total_**
_£_
_14,419_
_31,250_
_37,758_
_25,325_
_7,789_
_2,000_
_5,000_
_5,625_
_1,500_
_1,259_| ||||||| ||||||| ||**Note**|**Unrestricted**|**Restricted**||| |||**£**|**£**||| |**Income and Endowments**|**2**||||| ||||||| |Donations and Legacies||13,234|-||| |Grants||57,375|15,000||| |Fundraisingand lettings||33,585|**-**||| ||||||| |Charitable activites:|||||| |Daycentres and clubs||23,261|-||| |Transportation||10,714|-||| ||||||| |Projects:|||||| |Fundraiser role|||2,000||| |Men's Shed additional day|||1,797||| |Exercise classes|||2,500||| |MondayClub,Befriending& Men's Shed|||20,000||| |Mondayclub|||||| |BefriendingService|||||| |Free Meals|||2,574||| |Entertaining|||||| ||||||| |Miscellaneous Income||1,074|-||| ||||||| |**Total Income and Endowments**||**139,244**|**43,871**||**_131,926_**| ||||||_16,919_
_14,332_
_55,300_
_32,506_
_5,541_
_24,822_
_2,000_
_235_
_-_
_5,730_
_125_
_-_
_-_
_-_| |**Expenditure**|**3**||||| ||||||| |Expenditure on raisingfunds(inclprojects)|||||| |Cost ofgenerating grants,donations and legacies||8,628|||| |Cost of fundraising||19,165|||| ||||||| |Expenditure on charitable activities|||||| |Daycentres and clubs||51,976|2,455||| |Transportation||35,202|-||| |BefriendingService||1,271|2,728||| |Mens Shed||10,373|2,730||| ||||||| |Projects:|||||| |Mondayclub|||-||| |ShopFittings|||31||| |Entertaining|||1,498||| |Shed Extension|||1,797||| |Free Meals|||2,574||| |Fundraiser role|||2,000||| |Exercise classes|||2,620||| ||||||| ||||||| |Miscellaneous Expenditure||-|-||| ||||||| |**Total Expenditure**||**126,615**|**18,433**||**_157,509_**| ||||||| |**Net Income/(Expenditure)**||**12,629**|**25,437**||**_(25,584)_**| ||||||_245,891_
_(25,596)_
_-_| |**Reconciliation of funds**|||||| |**Total brought forward**||214,729|5,566||| |Net movements in funds||12,629|25,437||| |Restricted funds/unrestricted funds transfers||(243)|243||| |**Total carried forward**|**7,8**|**227,115**|**31,247**||**_220,295_**| _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ The notes on pages 7 to 12 form part of these financial statements. The financial statements were approved by the General Committee on Signed on behalf of the General Committee Alison Dadswell _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ Age Concern Voluntary Association for the Elderly Merstham, Redhill and Reigate Statement of Financial Activities for the year ended 31 March 2025 ## Note 1 - Accounting policies Basis of preparation. The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" (FRS 102) ## Income and Endowments Income is recognised as it falls due and receipt is probable or more likely than not to be received. Income received wholly in respect of future periods is carried forward in the balance sheet as deferred income. Legacies: These are included as income in the SoFA when they fulfil the criteria of entitlement, measurement and their receipt is probable. Volunteer time is not recognised in the accounts, although it is included in the trustees’ annual report. ## Expenditure Expenditure is recognised on an accrual’s basis. Expenditure has been analysed over the charity's main areas of activity. Support Costs: These do not, in themselves, constitute an activity, instead they enable output-creating activities to be undertaken. Support costs are therefore allocated to the relevant activity cost category they support. This enables the total cost of an activity to be disclosed in the SoFA. Support costs do not appear as a heading in the SoFA. Governance Costs: These are included as a sub-category of support costs. Governance costs are allocated to activities along with the other support costs. Allocation of Costs: Where appropriate, expenditure is allocated directly to an activity cost category. When items of expenditure contribute directly to the output of more than one activity cost category the cost is apportioned on a reasonable, justifiable and consistent basis. The same principle is followed for depreciation, amotisation, impairments, revaluations and support costs. ## Tangible fixed assets Tangible fixed assets are recognised at cost on acquisition and depreciated in equal annual instalments over their anticipated useful life, taking account of any expected residual value on disposal. The charity's freehold property has not been depreciated as its residual value greatly exceeds its cost and therefore no depreciation cost arises. The carrying value of properties is reviewed annually for indications of impairment and provision will be made if any arises. Assets have been depreciated at the following rates: Improvements to property - Over ten years Minibuses - Over seven years Other equipment - Over four years ## Fund accounting Where resources have been received to fund specified expenditure, it gives rise to restricted income in the statement of financial activities. Relevant expenditure incurred is applied against the income and any unexpended balance is shown as restricted funds at the balance sheet date. Where restricted funds are received for the acquisition of fixed assets, the funds are held as restricted until the asset is purchased. On purchase an amount equal to the cost of the asset is transferred to the fund representing tangible fixed assets. Designated funds are funds set aside by the trustees at their discretion for specific future purposes. The balance of funds representing tangible fixed assets is shown as a designated fund as such funds are unavailable for other purposes without disposing of the assets concerned. Trustee remuneration, benefits and expenses Trustees have not received remuneration or benefits from the charity. Expenses have been paid exclusively as reimbursement and classified by nature of cost in the accounts. Staff remuneration No employees received employer benefits exceeding £60,000. Cash Flow The Charity is exempt from preparing a cash flow statement. _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ Age Concern Voluntary Association for the Elderly ## Merstham, Redhill and Reigate Notes to the financial statements for the year ended 31 March 2025 (continued) ## Note 2 - Income |Note 2-Income|Note 2-Income|Note 2-Income|Note 2-Income|Note 2-Income| |---|---|---|---|---| |||||| ||**£**
**£**
**£**
**_Total Income_**
**_Y/E 31.3.25_**
**Unrestricted**
**Restricted**|||**£**
**_Total Income_**
**_Y/E 31.3.24_**| |**Donations, Fundraising, Grants & Lettings**||||| |**General Donations Received**|13,234||**13,234**|**13,419**| |**Legacies & Bequests**|0||**0**|**1,000**| |**Foundations and Other Companies Grants**|||**62,250**|**20,000**| |_- Woodroffe Benton Foundation_|1,750|||| |_- Garfield Weston Foundation_|15,000|||| |_- Community Foundationfor Surrey_||10,000||| |_- Asda Grassroots_|500|||| |_- Bryan & June Amos Charitable Trust_|30,000|||| |_- Francis Winham Foundation_||5,000||| |||||| |**Local Authorities & Governments Applications**|||**12,699**|**11,250**| |_- Reigate & Banstead Borough Council(commissionedfunding)_|_10,125_|||| |_- R&BBC Household Grants supportfund_||2,574||| |||||| |**Lettings Income**|12,298||**12,298**|**14,831**| |**Fundraising**|20,982||**20,982**|**22,641**| |||||| |**Day Centre & Clubs**||||| |DayCentre lunches & Clubs activities|21,576||**21,576**|**23,809**| |Membership|1,685||**1,685**|**1,516**| |**Transportation**||||| |Minibus fares Income|10,714||**10,714**|**7,789**| |**Men's Shed**||||| |Shed Products Sales|305||**305**|**286**| |**Other Projects**||||| |Specific Grants/Donations|||**26,297**|**14,125**| |_- Shanley Foundation_||2,000||| |_- Sport England_||2,500||| |_- VARB's Sparks_||1,797||| |_- National Lottery_||20,000||| |**Other**|1,074||**1,074**|**1,259**| |||||| ||**139,244**|**43,871**|**183,114**|**131,926**| |_Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_||||| _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ Age Concern Voluntary Association for the Elderly ## Merstham, Redhill and Reigate Notes to the financial statements for the year ended 31 March 2025 (continued) ## Note 3 – Expenditure **==> picture [568 x 334] intentionally omitted <==** **----- Start of picture text -----**
Expenditure on raising funds Expenditure on charitable activities Other Project Expenditure
Cost of Cost of Day centres Transport Befriending Men's Shed Exercise Men's Shed Men's Shed, Free Meals Entertaining Fundraiser Shop Fittings
generating fundraising and clubs Service classes Expansion Monday club role Total
grants, project & Expenditure
donations & Befriending Y/E 31.3.25
legacies Service
(National
Lottery
Funds)
Direct Expenditure
Salaries expense 3,707 9,058 28,371 8,065 - 6,805 56,007
Consultancy Costs 2,179 726 2,905
Lunches Expense 6,877 - 6,877
Centre & Clubs Fundraising Activities 3,290 3,290
Outings and activities costs 210 210
Transport expenses 7,505 - 7,505
Expenses for Befriending Activities - -
Training Costs -
Depreciation expense 8,445 8,445
Shed Costs & Tools 395 395
Expense for Other Projects Activities 2,728 2,620 1,797 4,622 2,125 1,498 2,000 31 17,422
-
Total Direct Costs 5,886 13,074 35,458 24,014 2,728 7,200 2,620 1,797 4,622 2,125 1,498 2,000 31 103,054
Support Expenditure
Premises expenses 650 1,444 3,917 2,653 301 795 563 449 10,774
Wages Merstham (support costs) 1,119 2,485 6,739 4,564 519 1,368 16,793
Office Expense 650 1,445 3,918 2,654 301 796 9,764
Governance Expense 174 388 1,051 712 81 213 2,619
Training Costs - - - - - -
Depreciation expense 94 209 567 384 44 1,299
Sundries 54 120 325 220 25 745
Total Indirect Costs 2,742 6,091 16,518 11,187 1,271 3,173 - - 563 449 - - - 41,994
Total Expenditure 8,628 19,165 51,976 35,202 3,999 10,373 2,620 1,797 5,185 2,574 1,498 2,000 31 145,048
**----- End of picture text -----**
**==> picture [230 x 122] intentionally omitted <==** **----- Start of picture text -----**
SUPPORT COSTS APPORTIONMENT TOTAL £
Premises expenses 9,762
Wages Merstham 16,793
Office Expense 9,764
Governance Expense 2,619
Training Costs -
Depreciation expense 1,299
Sundries 745
Total Support Costs 40,982
**----- End of picture text -----**
_Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ **==> picture [513 x 504] intentionally omitted <==** **----- Start of picture text -----**
Age Concern Voluntary Association for the Elderly
Merstham, Redhill and Reigate
Notes to the financial statements for the year ended 31 March 2025 (continued)
Note 4 - Fixed Assets
Freehold Improvements
land and to Motor Other
buildings Property vehicles equipment Total
£ £ £ £ £
Cost or valuation
At the beginning of the year 133,324 95,379 59,112 16,568 304,383
Additions - - - - -
Disposals - - - - -
At the end of the year 133,324 95,379 59,112 16,568 304,383
Depreciation
At the beginning of the year - 89,826 44,892 16,119 150,838
Charge for the year - 849 8,445 450 9,743
Disposals - - - - -
At the end of the year - 90,676 53,337 16,569 160,581
Net book value
At 31 March 2025 133,324 4,703 5,775 (0) 143,802
At 31 March 2024 133,324 5,553 14,220 450 153,546
**----- End of picture text -----**
_Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ |**_Age Concern Voluntary Associationfor the Elderly_**|**_Age Concern Voluntary Associationfor the Elderly_**|**_Age Concern Voluntary Associationfor the Elderly_**|||||||| |---|---|---|---|---|---|---|---|---|---| |**_Merstham, Redhill and Reigate_**|||||||||| |**Notes to the financial statements for theyear ended 31 March 2025(continued)**|||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| |**Note 5- Debtors**|||||||||| ||||||||||| |||**31 March**
**2025**
**£**
**Description**||||||**31 March**
**2024**
£|| ||||||||||| ||||||||||| |||||||||175
-
42
217
2,292|| ||Sundry prepayments|Payments in advance for future fundraisingevents||||105|||| |||Annual Database Support agreement||||660|||| |||3year Website Support agreement||||418|||| ||||||||1,183||| ||Accrued Income|Hall Hire|||||420||| ||||||||||| ||**Total Debtors**|1,603|||||||2,509| ||||||||||| ||||||||||| ||||||||||| ||||||||||| |**Note 6- Creditors amounts falling due within one year**|||||||||| ||||||||||| ||||||||||| |||**31 March**
**2025**
**£**
**Description**||||||**31 March**
**2024**
£|| ||||||||||| ||||||||||| |||||||||3,886|| ||Sundrycreditors|March 25 PAYE|||||699||| ||||||||||| ||**Total Sundry Creditors**|699|||||||3,886| _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ Age Concern Voluntary Association for the Elderly ## Merstham, Redhill and Reigate Notes to the financial statements for the year ended 31 March 2025 (continued) |||||||| |---|---|---|---|---|---|---| |**Note 7- Restricted Funds**||||||| |||||||| ||**Description**|**1 April**
**2024**
**£**|**Incoming**
**Resources**
**Restricted/Unrestricted**
**Resources**
**Expended**
**Transfers**
**£**
**£**
**£**|||**31 March**
**2025**
**£**| |||||||| |||||||| ||Befriending Service
Fundraiser role
Entertaining
Shop Fittings
Men's Shed expansion
Exercise classes
Men's Shed, Befriending & Monday Club
Free Meals
CFS Core Funding
Francis Winham Core Funding|4,160
-
1,375
31|||-|**1,432**
-
-
-
-
-
**14,815**
-
**10,000**
**5,000**| |||||(2,728)||| ||||2,000|(2,000)||| |||||(1,498)|123|| |||||(31)||| ||||1,797|(1,797)||| ||||2,500|(2,620)|120|| ||||20,000|(5,185)||| ||||2,574|(2,574)||| ||||10,000|||| ||||5,000|||| |||||||| ||**Total Restricted Funds**|**5,566**|**43,871**
**(18,433)**
**243**|||**31,247**| |||||||| |||||||| |**Note 8- Unrestricted Funds**||||||| |||||||| ||**Description**|**1 April**
**2024**
**£**|**Incoming**
**Resources**
**Restricted/Unrestricted**
**Resources**
**Expended**
**Transfers**
**£**
**£**
**£**|||**31 March**
**2025**
**£**| |||||||| |||||||| ||Tangible fixed assets
Free reserves
Designated Reserves|153,546
41,183
20,000||||**143,802**
**63,312**
**20,000**| ||||-|(9,743)|-|| |||||||| ||||139,244|(116,871)|(243)|| |||||||| ||||-|-|-|| |||||||| ||**Total Unrestricted Funds**|**214,729**|**139,244**
**(126,615)**
**(243)**|||**227,114**| |||||||| _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ **AGE CONCERN VOLUNTARY ASSOCIATION FOR THE ELDERLY MERSTHAM, REDHILL & REIGATE** ## **CHARITY N0: 1173649** **-------------------------** ## **ANNUAL ACCOUNTS** **For the year ended 31[st] March 2025** ## Constitution and Objectives Age Concern Voluntary Association for the Elderly Merstham, Redhill and Reigate are a Charitable Incorporated Organisation (CIO) governed by rules set out in its constitution. Its objectives are established in its constitution as being the pursuit of any charitable activity for the benefit of the aged, particularly in or near Merstham, Redhill and Reigate. The Trustees have had regard to the Charity Commission's guidance on public benefit in establishing the aims and activities of the Charity and are satisfied that the aims and activities described in their Annual Report meet the expectations of that guidance. All the Charity's services are provided free of charge or at a cost which is affordable to substantially all potential beneficiaries or otherwise funded by public and private donors at no cost to the beneficiaries. Eligibility to access services is not restricted in any way other than appropriate age and proximity to the Charity's area of operation. Whilst many of the activities benefit the broader community of the Borough and beyond, these benefits are additional and incidental to the Charity's aims. The Trustees are the General Committee set out at the beginning of the report. The General Committee delegates day to day decision making to the Finance and General Purposes Committee, consisting of the Officers. ## **Principal office** The Merstham Centre Weldon Way Merstham Surrey RH1 3QB ## **Independent examiner** Judita Rogers 2 Sunstone Grove Merstham Surrey RH1 3PR ## **Bankers** Charities Aid Foundation (CAF) Bank Skipton Building Society 25 Kings Hill Avenue 43 Church St Kings Hill Reigate West Malling Surrey Kent RH2 0AE ME19 4TA _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ ## **Age Concern Voluntary Association for the Elderly** Merstham, Redhill and Reigate Financial review for the year ended 31 March 2025 The Accounts and Annual Report have been updated and presented in line with the requirements of the Statement of Recommended Practice "Accounting and Reporting by Charities" (FRS 102) issued by the Charity Commission, to the extent applicable to smaller charities. An overview of the accounts is set out in the Treasurers' report earlier in this document. The Trustees continue to acknowledge the significant cost pressures on our commissioned funder, the Borough Council. We remain determined to continue to bring the Charity to a position of financial sustainability by seeking support from a broader range of sponsors and our own fundraising efforts. Corporate partnerships allow us to develop and grow the Charity in key areas and further increase our outreach into the community. The Trustees maintain a risk register and consider risk as part of the decision-making process and management. The Charity is not required to make a statement regarding risk management. The Trustees also take assurance of the procedures and policies in place, their review thereof and from Trustees' direct involvement in the financial management and operations of the Charity. On behalf of the Charity, I would like to say a sincere thank you to Judita Rogers for acting in a voluntary capacity as the Independent Examiner and to Vista Partners LLP for dealing with the Charity's payroll on a pro bono basis. This review, together with the reports contained elsewhere in this document and the legal and administrative information on page one, is the Annual Report of the Trustees for the purposes of the Charities Act 2011. Signed on behalf of the General Committee Alison Dadswell _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ ## **Age Concern Voluntary Association for the Elderly** Merstham, Redhill and Reigate ## **Independent examiner's report to the Trustees of the Age Concern Voluntary Association for the Elderly Merstham, Redhill and Reigate** I report on the accounts for the Charity for the year ended 31 March 2025, which are set out on pages 4 to 12. ## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: * Examine the accounts under section 145 of the 2011 Act: * To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(b) of the 2011 Act; and * To state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the 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 you as 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 matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: * To keep accounting records in accordance with section 130 of the 2011 Act; and * To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or (2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. Judita Rogers 2 Sunstone Grove Merstham Surrey RH1 3PR _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ |**_Age Concern Voluntary Associationfor the Elderly_**|||||| |---|---|---|---|---|---| |**_Merstham, Redhill and Reigate_**|||||| |**Statement of Financial Activities**|||||| |**for theyear ended 31 March 2025**|||||| ||||||| ||||||| |||||**Year ended**
**31 March**
**2025**
**Total**
**£**
**13,234**
**72,375**
**33,585**
**23,261**
**10,714**
**2,000**
**1,797**
**2,500**
**20,000**
**-**
**-**
**2,574**
**-**
**1,074**
**183,114**
**8,628**
**19,165**
**54,430**
**35,202**
**3,999**
**13,103**
**-**
**31**
**1,498**
**1,797**
**2,574**
**2,000**
**2,620**
**-**
**145,048**
**38,066**
**220,295**
**38,066**
-
**258,361**|**_Year ended_**
**_31 March_**
**_2024_**
**_Total_**
_£_
_14,419_
_31,250_
_37,758_
_25,325_
_7,789_
_2,000_
_5,000_
_5,625_
_1,500_
_1,259_| ||||||| ||||||| ||**Note**|**Unrestricted**|**Restricted**||| |||**£**|**£**||| |**Income and Endowments**|**2**||||| ||||||| |Donations and Legacies||13,234|-||| |Grants||57,375|15,000||| |Fundraisingand lettings||33,585|**-**||| ||||||| |Charitable activites:|||||| |Daycentres and clubs||23,261|-||| |Transportation||10,714|-||| ||||||| |Projects:|||||| |Fundraiser role|||2,000||| |Men's Shed additional day|||1,797||| |Exercise classes|||2,500||| |MondayClub,Befriending& Men's Shed|||20,000||| |Mondayclub|||||| |BefriendingService|||||| |Free Meals|||2,574||| |Entertaining|||||| ||||||| |Miscellaneous Income||1,074|-||| ||||||| |**Total Income and Endowments**||**139,244**|**43,871**||**_131,926_**| ||||||_16,919_
_14,332_
_55,300_
_32,506_
_5,541_
_24,822_
_2,000_
_235_
_-_
_5,730_
_125_
_-_
_-_
_-_| |**Expenditure**|**3**||||| ||||||| |Expenditure on raisingfunds(inclprojects)|||||| |Cost ofgenerating grants,donations and legacies||8,628|||| |Cost of fundraising||19,165|||| ||||||| |Expenditure on charitable activities|||||| |Daycentres and clubs||51,976|2,455||| |Transportation||35,202|-||| |BefriendingService||1,271|2,728||| |Mens Shed||10,373|2,730||| ||||||| |Projects:|||||| |Mondayclub|||-||| |ShopFittings|||31||| |Entertaining|||1,498||| |Shed Extension|||1,797||| |Free Meals|||2,574||| |Fundraiser role|||2,000||| |Exercise classes|||2,620||| ||||||| ||||||| |Miscellaneous Expenditure||-|-||| ||||||| |**Total Expenditure**||**126,615**|**18,433**||**_157,509_**| ||||||| |**Net Income/(Expenditure)**||**12,629**|**25,437**||**_(25,584)_**| ||||||_245,891_
_(25,596)_
_-_| |**Reconciliation of funds**|||||| |**Total brought forward**||214,729|5,566||| |Net movements in funds||12,629|25,437||| |Restricted funds/unrestricted funds transfers||(243)|243||| |**Total carried forward**|**7,8**|**227,115**|**31,247**||**_220,295_**| _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ The notes on pages 7 to 12 form part of these financial statements. The financial statements were approved by the General Committee on Signed on behalf of the General Committee Alison Dadswell _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ Age Concern Voluntary Association for the Elderly Merstham, Redhill and Reigate Statement of Financial Activities for the year ended 31 March 2025 ## Note 1 - Accounting policies Basis of preparation. The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" (FRS 102) ## Income and Endowments Income is recognised as it falls due and receipt is probable or more likely than not to be received. Income received wholly in respect of future periods is carried forward in the balance sheet as deferred income. Legacies: These are included as income in the SoFA when they fulfil the criteria of entitlement, measurement and their receipt is probable. Volunteer time is not recognised in the accounts, although it is included in the trustees’ annual report. ## Expenditure Expenditure is recognised on an accrual’s basis. Expenditure has been analysed over the charity's main areas of activity. Support Costs: These do not, in themselves, constitute an activity, instead they enable output-creating activities to be undertaken. Support costs are therefore allocated to the relevant activity cost category they support. This enables the total cost of an activity to be disclosed in the SoFA. Support costs do not appear as a heading in the SoFA. Governance Costs: These are included as a sub-category of support costs. Governance costs are allocated to activities along with the other support costs. Allocation of Costs: Where appropriate, expenditure is allocated directly to an activity cost category. When items of expenditure contribute directly to the output of more than one activity cost category the cost is apportioned on a reasonable, justifiable and consistent basis. The same principle is followed for depreciation, amotisation, impairments, revaluations and support costs. ## Tangible fixed assets Tangible fixed assets are recognised at cost on acquisition and depreciated in equal annual instalments over their anticipated useful life, taking account of any expected residual value on disposal. The charity's freehold property has not been depreciated as its residual value greatly exceeds its cost and therefore no depreciation cost arises. The carrying value of properties is reviewed annually for indications of impairment and provision will be made if any arises. Assets have been depreciated at the following rates: Improvements to property - Over ten years Minibuses - Over seven years Other equipment - Over four years ## Fund accounting Where resources have been received to fund specified expenditure, it gives rise to restricted income in the statement of financial activities. Relevant expenditure incurred is applied against the income and any unexpended balance is shown as restricted funds at the balance sheet date. Where restricted funds are received for the acquisition of fixed assets, the funds are held as restricted until the asset is purchased. On purchase an amount equal to the cost of the asset is transferred to the fund representing tangible fixed assets. Designated funds are funds set aside by the trustees at their discretion for specific future purposes. The balance of funds representing tangible fixed assets is shown as a designated fund as such funds are unavailable for other purposes without disposing of the assets concerned. Trustee remuneration, benefits and expenses Trustees have not received remuneration or benefits from the charity. Expenses have been paid exclusively as reimbursement and classified by nature of cost in the accounts. Staff remuneration No employees received employer benefits exceeding £60,000. Cash Flow The Charity is exempt from preparing a cash flow statement. _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ Age Concern Voluntary Association for the Elderly ## Merstham, Redhill and Reigate Notes to the financial statements for the year ended 31 March 2025 (continued) ## Note 2 - Income |Note 2-Income|Note 2-Income|Note 2-Income|Note 2-Income|Note 2-Income| |---|---|---|---|---| |||||| ||**£**
**£**
**£**
**_Total Income_**
**_Y/E 31.3.25_**
**Unrestricted**
**Restricted**|||**£**
**_Total Income_**
**_Y/E 31.3.24_**| |**Donations, Fundraising, Grants & Lettings**||||| |**General Donations Received**|13,234||**13,234**|**13,419**| |**Legacies & Bequests**|0||**0**|**1,000**| |**Foundations and Other Companies Grants**|||**62,250**|**20,000**| |_- Woodroffe Benton Foundation_|1,750|||| |_- Garfield Weston Foundation_|15,000|||| |_- Community Foundationfor Surrey_||10,000||| |_- Asda Grassroots_|500|||| |_- Bryan & June Amos Charitable Trust_|30,000|||| |_- Francis Winham Foundation_||5,000||| |||||| |**Local Authorities & Governments Applications**|||**12,699**|**11,250**| |_- Reigate & Banstead Borough Council(commissionedfunding)_|_10,125_|||| |_- R&BBC Household Grants supportfund_||2,574||| |||||| |**Lettings Income**|12,298||**12,298**|**14,831**| |**Fundraising**|20,982||**20,982**|**22,641**| |||||| |**Day Centre & Clubs**||||| |DayCentre lunches & Clubs activities|21,576||**21,576**|**23,809**| |Membership|1,685||**1,685**|**1,516**| |**Transportation**||||| |Minibus fares Income|10,714||**10,714**|**7,789**| |**Men's Shed**||||| |Shed Products Sales|305||**305**|**286**| |**Other Projects**||||| |Specific Grants/Donations|||**26,297**|**14,125**| |_- Shanley Foundation_||2,000||| |_- Sport England_||2,500||| |_- VARB's Sparks_||1,797||| |_- National Lottery_||20,000||| |**Other**|1,074||**1,074**|**1,259**| |||||| ||**139,244**|**43,871**|**183,114**|**131,926**| |_Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_||||| _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ Age Concern Voluntary Association for the Elderly ## Merstham, Redhill and Reigate Notes to the financial statements for the year ended 31 March 2025 (continued) ## Note 3 – Expenditure **==> picture [568 x 334] intentionally omitted <==** **----- Start of picture text -----**
Expenditure on raising funds Expenditure on charitable activities Other Project Expenditure
Cost of Cost of Day centres Transport Befriending Men's Shed Exercise Men's Shed Men's Shed, Free Meals Entertaining Fundraiser Shop Fittings
generating fundraising and clubs Service classes Expansion Monday club role Total
grants, project & Expenditure
donations & Befriending Y/E 31.3.25
legacies Service
(National
Lottery
Funds)
Direct Expenditure
Salaries expense 3,707 9,058 28,371 8,065 - 6,805 56,007
Consultancy Costs 2,179 726 2,905
Lunches Expense 6,877 - 6,877
Centre & Clubs Fundraising Activities 3,290 3,290
Outings and activities costs 210 210
Transport expenses 7,505 - 7,505
Expenses for Befriending Activities - -
Training Costs -
Depreciation expense 8,445 8,445
Shed Costs & Tools 395 395
Expense for Other Projects Activities 2,728 2,620 1,797 4,622 2,125 1,498 2,000 31 17,422
-
Total Direct Costs 5,886 13,074 35,458 24,014 2,728 7,200 2,620 1,797 4,622 2,125 1,498 2,000 31 103,054
Support Expenditure
Premises expenses 650 1,444 3,917 2,653 301 795 563 449 10,774
Wages Merstham (support costs) 1,119 2,485 6,739 4,564 519 1,368 16,793
Office Expense 650 1,445 3,918 2,654 301 796 9,764
Governance Expense 174 388 1,051 712 81 213 2,619
Training Costs - - - - - -
Depreciation expense 94 209 567 384 44 1,299
Sundries 54 120 325 220 25 745
Total Indirect Costs 2,742 6,091 16,518 11,187 1,271 3,173 - - 563 449 - - - 41,994
Total Expenditure 8,628 19,165 51,976 35,202 3,999 10,373 2,620 1,797 5,185 2,574 1,498 2,000 31 145,048
**----- End of picture text -----**
**==> picture [230 x 122] intentionally omitted <==** **----- Start of picture text -----**
SUPPORT COSTS APPORTIONMENT TOTAL £
Premises expenses 9,762
Wages Merstham 16,793
Office Expense 9,764
Governance Expense 2,619
Training Costs -
Depreciation expense 1,299
Sundries 745
Total Support Costs 40,982
**----- End of picture text -----**
_Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ **==> picture [513 x 504] intentionally omitted <==** **----- Start of picture text -----**
Age Concern Voluntary Association for the Elderly
Merstham, Redhill and Reigate
Notes to the financial statements for the year ended 31 March 2025 (continued)
Note 4 - Fixed Assets
Freehold Improvements
land and to Motor Other
buildings Property vehicles equipment Total
£ £ £ £ £
Cost or valuation
At the beginning of the year 133,324 95,379 59,112 16,568 304,383
Additions - - - - -
Disposals - - - - -
At the end of the year 133,324 95,379 59,112 16,568 304,383
Depreciation
At the beginning of the year - 89,826 44,892 16,119 150,838
Charge for the year - 849 8,445 450 9,743
Disposals - - - - -
At the end of the year - 90,676 53,337 16,569 160,581
Net book value
At 31 March 2025 133,324 4,703 5,775 (0) 143,802
At 31 March 2024 133,324 5,553 14,220 450 153,546
**----- End of picture text -----**
_Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ |**_Age Concern Voluntary Associationfor the Elderly_**|**_Age Concern Voluntary Associationfor the Elderly_**|**_Age Concern Voluntary Associationfor the Elderly_**|||||||| |---|---|---|---|---|---|---|---|---|---| |**_Merstham, Redhill and Reigate_**|||||||||| |**Notes to the financial statements for theyear ended 31 March 2025(continued)**|||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| |**Note 5- Debtors**|||||||||| ||||||||||| |||**31 March**
**2025**
**£**
**Description**||||||**31 March**
**2024**
£|| ||||||||||| ||||||||||| |||||||||175
-
42
217
2,292|| ||Sundry prepayments|Payments in advance for future fundraisingevents||||105|||| |||Annual Database Support agreement||||660|||| |||3year Website Support agreement||||418|||| ||||||||1,183||| ||Accrued Income|Hall Hire|||||420||| ||||||||||| ||**Total Debtors**|1,603|||||||2,509| ||||||||||| ||||||||||| ||||||||||| ||||||||||| |**Note 6- Creditors amounts falling due within one year**|||||||||| ||||||||||| ||||||||||| |||**31 March**
**2025**
**£**
**Description**||||||**31 March**
**2024**
£|| ||||||||||| ||||||||||| |||||||||3,886|| ||Sundrycreditors|March 25 PAYE|||||699||| ||||||||||| ||**Total Sundry Creditors**|699|||||||3,886| _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_ Age Concern Voluntary Association for the Elderly ## Merstham, Redhill and Reigate Notes to the financial statements for the year ended 31 March 2025 (continued) |||||||| |---|---|---|---|---|---|---| |**Note 7- Restricted Funds**||||||| |||||||| ||**Description**|**1 April**
**2024**
**£**|**Incoming**
**Resources**
**Restricted/Unrestricted**
**Resources**
**Expended**
**Transfers**
**£**
**£**
**£**|||**31 March**
**2025**
**£**| |||||||| |||||||| ||Befriending Service
Fundraiser role
Entertaining
Shop Fittings
Men's Shed expansion
Exercise classes
Men's Shed, Befriending & Monday Club
Free Meals
CFS Core Funding
Francis Winham Core Funding|4,160
-
1,375
31|||-|**1,432**
-
-
-
-
-
**14,815**
-
**10,000**
**5,000**| |||||(2,728)||| ||||2,000|(2,000)||| |||||(1,498)|123|| |||||(31)||| ||||1,797|(1,797)||| ||||2,500|(2,620)|120|| ||||20,000|(5,185)||| ||||2,574|(2,574)||| ||||10,000|||| ||||5,000|||| |||||||| ||**Total Restricted Funds**|**5,566**|**43,871**
**(18,433)**
**243**|||**31,247**| |||||||| |||||||| |**Note 8- Unrestricted Funds**||||||| |||||||| ||**Description**|**1 April**
**2024**
**£**|**Incoming**
**Resources**
**Restricted/Unrestricted**
**Resources**
**Expended**
**Transfers**
**£**
**£**
**£**|||**31 March**
**2025**
**£**| |||||||| |||||||| ||Tangible fixed assets
Free reserves
Designated Reserves|153,546
41,183
20,000||||**143,802**
**63,312**
**20,000**| ||||-|(9,743)|-|| |||||||| ||||139,244|(116,871)|(243)|| |||||||| ||||-|-|-|| |||||||| ||**Total Unrestricted Funds**|**214,729**|**139,244**
**(126,615)**
**(243)**|||**227,114**| |||||||| _Age Concern MRR – Registered Charity No. 1173649 - Annual Report 2024-2025_