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|CONTENTS|Page|
|---|---|
|Trustees' Report||
|Message from the Chairman and Chief Executive|3|
|Introduction|4|
|What we do|4|
|Achievementsin 2023|4|
|Fundraising|6|
|Volunteers|7|
|Grant-making|7|
|Financial Review ofthe Year|8|
|What we are going to do next|8|
|Structure,Governanceand Management|9|
|Reference and AdministrativeDetails|13|
|Statement of Trustees' Responsibilities||
|Independent Examiner's Report|15|
|Statement of Financial Activities|16|
|Balance Sheet||
|Statement of Cash Flows|18|
|Notes to the Financial Statements|19|





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|Principal risks|Principal risks|Mitigation overview|
|---|---|---|
|The principal risks include:||Key steps to mitigate the risks are:|
|o|The need for a coherent strategythat|Regular review of our strategy and|
||matches ambition with available|resource plans; strengthen skills and|
||resources|expertise of Trusteeson the Board|
||The need for an appropriate governance,|Regular review of our governance and|
||compliance and resource framework|compliance framework|
||Reputational damage when no longer|Agree appropriate undertakings from|
||responsible for Silver Sunday, nationally,|Age UK; seek alternative sponsor of|
||but particularly in Westminster|Silver Sunday in Westminster|
||Reputational damage if the Westminster|Seek funding and Westminster partner|
||TeaDance does not go ahead|for the Tea Dance|
|e|Our ability to raise funds in a challenging|Review fundraising strategy; recruit|
||economic environment and longer term|Trustees with requisite skills and|
||funding support|expertise; invest reserves|





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12th 



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|||||Total funds|||Total funds|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|year ended|Unrestricted|Restricted|year ended|
||Note|funds|funds|31 Dec 2023|funds|funds|31 Dec 2022|
|||cooo|{'000|cooo|{'000|{'000|eooo|
|Income||||||||
|Donations and legacies|2|13||13|34||34|
|Income from charitableactivities|3||40|40||33|33|
|Income from other tradingactivities|4|46||46|102||102|
|TOTAL<br>INCOME||59|40|99|136|33|169|
|Expenditure||||||||
|Expenditure on charitable activities|5|18|288|306|12|216|228|
|Costs of raising funds|6|4||4|79||79|
|TOTAL<br>EXPENDITURE||22|288|310|91|216|307|
|Net income/(expenditure) and net||||||||
|movement in funds||37|(248)|(21 1)|45|(183)|(138)|
|Transfers between funds|13|(248)|248||(149)|149||
|Reconciliation offunds||||||||
|Total funds brought forward|13|1,795||1,795|1,899|34|1,933|
|Total funds carried forward|13|1,584||1,584|I ,795||1,795|





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||Note|At 31|Dec 2023|At 31 Dec 2022|
|---|---|---|---|---|
||||eooo|eooo|
|Current Assets|||||
|Debtors|||43|6|
|Cash at bank|||I,602|1,822|
|TOTAL<br>CURRENT ASSETS|||,645|I,828|
|Liabilities|||||
|Creditors falling due within one year|12||56|25|
|NET CURRENT ASSETS|||I,589|I,803|
|Creditors falling due after more than one year|12||5|8|
|NET ASSETS|||I,584|1,795|
|The funds of the charity:|||||
|Unrestricted income funds|13||I,584|1,795|
|Restricted income funds|13||||
|TOTAL<br>CHARITY FUNDS|||,584|1,795|





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|||Year ended|Year ended|
|---|---|---|---|
||Note|31 Dec 2023|31 Dec 2022|
|||eooo|eooo|
|Cash generated from operating activities|15|(220)|(156)|
|(Decrease)/lncrease in cash and cash equivalents during the year||(220)|(156)|
|Cash and cash equivalents at the beginning of the year||I,822|I,978|
|Total cash and cash equivalents atthe end ofthe year|16|1,602|1,822|





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||||Total|||Total|
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Year ended|Unrestricted|Restricted|Year ended 31|
||funds|funds|31 Dec 2023|funds|funds|Dec 2022|
||coco|eooo|eooo|eooo|eooo|eooo|
|Private Donations||||8||8|
|Foundations, Trusts and Grants||||4||4|
|CorporateDonations||||IO||10|
|Gift Aid|||||||
|Gift in Kind|12||12|12||12|
||13||13|34||34|



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||||Total|||Total|
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Year ended|Unrestricted|Restricted|Year ended|
||funds|funds|31 Dec 2023|funds|funds|31 Dec 2022|
||eooo|eooo|"000|E'000|eooo|eooo|
|Hampers||22|22||18|18|
|Scholarships and Bursaries||3|3||15|15|
|Tea Dance||15|15||||
|||40|40||33|33|



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||||Total|||Total|
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Year ended|Unrestricted|Restricted|Year ended|
||funds|funds|31 Dec 2023|funds|funds|31 Dec 2022|
||cooo|eooo|eooo|eooo|eooo|eooo|
|Bank Interest|46||46||||
|SSMF 10th AnniversaryDinner 2022||||102||102|
||46||46|102||102|





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|5.<br>Expenditure on|charitable|activitie|s||||
|---|---|---|---|---|---|---|
||||Total|||Total|
||Unrestricted|Restricted|Year ended||Restricted|Year ended|
||funds|funds|31 Dec 2023|Unrestricted funds|funds|31 Dec 2022|
||eooo|eooo|eooo|E'000|eooo|eooo|
|University Technical College|||||2|2|
|Tea Dance||18|18||15|15|
|Christmas Hampers||27|27||27|27|
|Silver Sunday||5|5||3|3|
|Scholarships, Bursaries and Grants||63|63||56|56|
|Christmas Vouchers||IO|IO||IO|10|
|Governance and Support Costs (see|||||||
|Note 7)|18|165|183|12|103|115|
||18|288|306|12|216|228|



|||||||Grant funding||||
|---|---|---|---|---|---|---|---|---|---|
|||||Direct|costs|ofactivities|Support costs|Total 2023|Total 2022|
||||||eooo|"000|eooo|eooo|eooo|
|Expenditure|on|charitable|activities||60|63|183|306|228|



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|6.<br>Costs ofraisingfund|s||||||
|---|---|---|---|---|---|---|
||||Total|||Total|
||Unres:ricted|Restricted|Year ended|Unrestricted|Restricted|Year ended|
||funds|funds|31 Dec 2023|funds|funds|31 Dec 2022|
||eooo|eooo|eooo|eooo|eooo|cooo|
|Events Costs||||40||40|
|Governance and Support Costs (see Note 7)|4||4|39||39|
||4||4|79||79|





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|7.<br>Governance and sup|port costs||||
|---|---|---|---|---|
||||Total|Total|
||General||Year ended 3 1 Dec|Year ended|
||support|Governance function|2023|31 Dec 2022|
||coco|eooo|"000|coco|
|Staffcosts|97|42|139|119|
|Office costs|16|6|22|21|
|Independent Examiner's fees|5|2|7||
|Legal and other professional fees|9|4|13|3|
|Other|4|2|6|6|
||131|56|187|154|



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||Year ended 3 1 December 2023|Year ended 3 1 December 2022|
|---|---|---|
||eooo|eooo|
|Salaries and Wages|125|110|
|Social security costs|8|8|
|Pension Costs|6||
||139|119|






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|it is included in this Note for p|rior year compari|son.|
|---|---|---|
||Year ended|Year ended|
||31 Dec 2023|31 Dec 2022|
||eooo|eooo|
|Gift in kind:|||
|Office Space and IT||20|
|Marketing|||
|Running and governance costs:|||
|Office Space and IT||(20)|
|Marketing||(l)|



||||||Year ended|Year ended|
|---|---|---|---|---|---|---|
||||||31 Dec 2023|31 Dec 2022|
||||||eooo|eooo|
|Income|from|other|trading|activities||4|
|||||||4|





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|Related Party|, but it is incl|uded in tais Note for|prior year com|
|---|---|---|---|
|||Year ended|Year ended|
|||31 Dec 2023|31 Dec 2022|
|||eooo|eooo|
|Donationsand|legacies||2|
||||2|



||||||Year ended|Year ended|
|---|---|---|---|---|---|---|
||||||31 Dec 2023|31 Dec 2022|
||||||eooo|cooo|
|Income|from|other|trading|activities||0|



||At 31 Dec 2023|At 31 Dec 2022|
|---|---|---|
||eooo|eooo|
|Accrued Income|43||
|Other debtors||6|
||43|6|





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|12.<br>Current liabilities and long term<br>credi|tors||
|---|---|---|
||At 31 Dec 2023|At 31 Dec 2022|
||eooo|eooo|
|Creditors falling due within one year:|||
|Othercreditor|||
|Accruals|41||
|Deferred income|||
|Taxation and social security|4||
||56|25|
||At 31 Dec 2023|At 31 Dec 2022|
||eooo|eooo|
|Creditors falling due after more than one year:|||
|Deferred income|5|8|



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||Funds|Incoming|Resources||Funds|Funds|
|---|---|---|---|---|---|---|
||31 Dec 2022|resources|expended|Transfers|31 Dec|2023|
||eooo|eooo|eooo|eooo||eooo|
|Unrestricted funds|,795|59|(22)|(248)|I|,584|
|Restricted funds:|||||||
|Younger people<br>- UTC|||(2)|2|||
|Younger people<br>- Scholarships||3|(76)|73|||
|Younger people<br>- Christmas Programme|||(19)|19|||
|Older people<br>- Hampers||22|(36)|14|||
|Older people<br>- Silver Sunday|||(90)|90|||
|Older people<br>- Tea Dance||15|(65)|50|||
|Total restricted funds||40|(288)|248|||
|TOTAL<br>FUNDS|1,795|99|||I,584||





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|14.<br>Analysis of group net assets betw|een funds|||
|---|---|---|---|
||Unrestricted|Restricted||
|31 Dec 2023|funds|funds|Total|
||eooo|eooo|eooo|
|Debtors|43||43|
|Cash at bank|I,565|37|I,602|
|Creditors falling due within one year|(24)|(32)|(56)|
|Creditors falling due after more than one year||(5)|(5)|
|Total|I,584||I,584|
||Unrestricted|Restricted||
|31 Dec 2022|funds|funds|Total|
||eooo|eooo|eooo|
|Debtors|6||6|
|Cash at bank|I,797|25|I,822|
|Creditors falling due within one year|(8)|(17)|(25)|
|Creditors falling due after more than one year||(8)|(8)|
|Total|,795|(0)|1,795|



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||At 31|Dec 2023|At 31|Dec 2022|
|---|---|---|---|---|
|||cooo||eooo|
|Net movement in funds||(21 1)||(138)|
|(Increase) / Decrease in debtors||(37)||(4)|
|Increase<br>/ (Decrease) in creditors||28||(14)|
|Net cash generated from operating activites||(220)||(156)|





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||At 31|Dec 2023|At 31|Dec 2022|
|---|---|---|---|---|
|||eooo||eooo|
|Debtors||43||6|
|Cash at bank||I,602||I,822|
|Creditors falling due within one year||(56)||(25)|
|||I,589||I,803|



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