REGISTERED CHARITY NUMBER: 1178937
REPORT OF THE TRUSTEES AND
UNAiiDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
FOR
THE WOKINGHAM AND DISTRICT ASSOCIATION
FOR THE ELDERLY IWADE)

THE WOKtNGHAM AND DISTRICT ASSOCIATION
FOR THE ELDERLY (WADE)
coNrENTS OF THE FINANCIAL STATEMENrs
FOR THE YKAR ENDED 30 JUIYE 2024
Page
Report of the Trnstees
I to 6
Independent Examiner's Report
Statement of Flnancial ActI￿lI¢S
BAJance Sheet
Casb Flow Ststement
io
Notes to tbe Cash Flow Ststement
Note$ to the Ffinan¢ial Statements
12 10 21
Detsiled Statement of FinanclAI Actfivldes
22 to 24

THE WOKiNGHAM ALYD DISTRICT ASSOCIATION
FOR THE ELDERLY (WADE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
The truslees piesertt their Teport with thc fLnancial statements of the charity for the year ended 30 June 2024.
The trust¢cs have adopled the provisions of Awounting and Reporting by Charities.. Statcment of
R￿0￿mended Prnctice appliuble to ch8riti¢s preparing their accounts ID a¢¢ordance with the FinanciaL
R¢porting Stslldard applicablc itt the UK and Republic of treland (FRS 102) (effectiv¢ l January 2019).
OBJECTIVES AND ACTivrriES
ObJe¢tive5 and alms confronted
The constitution of th¢ charity states its objects ar¢ to promote th¢ welfare of the ¢ld¢rly in #uy manner
which by law is deemed to be charitable and within the Wokingham Borough Council area..
The th￿te¢S considcr that these objects are b¢ing fulfilled by providing eld¢rly membws of the charity with
d&y care at th¢ charitys day ccntre, with a nourishing lunch and other refreshments provid¢d for a small
payment. A¢livilies aDd entertainments are provided for those wishin8 to participate, generally free of
Charge. Subsidised daily tiansport is availabl¢ lo collect and rthjrn mcmbers to their homes if required.
The charity aims to reduce isolation and lonelillc3s and to provide a safe and supportive eDvirontnent for
those who migbt be considcrcd vulnerable.
Public benefit
Benefits to the public arising from carrying out the Charltys aims are explained An the abov¢ paragraphs. The
trustees have complied with their duty to hav¢ due regard to the guidance on public benefit published by the
Commission in exercising their power8 or duties.
The provision of a safe and engaging environment for ¢ld¢rly vulnerable residcnts including those with mild
dem¢ntia Provides an identifiable public bcnefit whi¢h is directly in liD¢ with the Charitys ailns.
Furthernlore. the facility is available to all elderly frtlk living in the area wbo wish to ￿e it. The charity
works also with Wokingham Bofough Cowicil in supporting the elderly witb needs in the borough.
In followittg the charity's aims and objectives. th¢ trustees have rcgard to the Charity Conllni88ion's
published gUIda￿e in complying witb tlLeir duty in Section 17(5) of the Clwities A¢t 2011 on Public
Benefit.
ACHIEVEMENT AND PERFORMAIYCE
Charltsble ac¢lvltles
The Charity 18 ¢ontinuiug to deal with ongoing challenges alld is doing its best to mainlain much need
support to D￿MberS and the community. WADE member8hip was 107 on 30 JUD¢ 2024 {2023: 113). In the
period the centr¢ has welcollled n¢w and old friend5 and has provtded 6,500 (2023: 6,440} midday meals,
average of 30 meals per day based on the llU￿ber of da'ys that the centre was op¢n.
Increasing the number of m¢mbers remains & continuing tssk new memb¢rs are always being sought thmugh
advertlSiD8. newspaper articles and word of mouth.
Regular fil]￿als1￿B ￿ch year consists of charity collections, the winter and summcr fa￿e9 wine tastings and
quiz nights, Donations are received from locai business¢s and past and current membcrs. Thc charity also
m&intsins a very successfill authoris¢d lottery.
Page I

THE WOKINGHAM AND DISTRICT ASSOCIATION
FOR THE ELDERLY (WADE)
REPORT OF THE TRUSTEES
FOR THE YEARENDED 30 JUNE 2024
ACHIEVEMENT AND PERFORMANCE
Tbe significance of volunteers to operations and delivery
Volunteers are a vital component of the charity's success in providing much needed services and they are
much
appreciated and valued, the volunteers get heavily involved in fundraising events and site
maintenance.
Reeording of thanlLS
The Trustees would like to record their ¢onsiderabSe thanks to the managers, all the sthff and volunteers of
the centre and the shop for their contributions to the running of WADE and the gr¢at benefit thAt WADE
provided for the welfare of the elderly of the Wokingham Borough arta throughout the period.
FINANCIAL REVIEW
Financial positio
The charity's total unrestricted income for the 12 months end¢d 30 June 2024 was £513,615 (202)..
£541.552). This income came from a number of Sources which are sunurtarised below..
The charity's shop in Rose Street Wokingham which raises money from the Sale of donated goods £112.036
(2023.. £116,553).
Wokingham Borough Council Community Care Services, funding for care places on a spot contra¢t and for
travel expenses £102,509 (2023 £125,369).
Income from members for meals, care, refreshments. membership and minibus £265,160 {2023: L?18,268).
Donations £12,735 (2023.. £48,005), fundraising £19,004 and interest £2,171.
The charity's total unrestricted expenditure during the 12 months ended )0 June 2024 was £578,846 (2023..
£507,493).
Areas of expenditure are summarised below and expressed as a rounded percentage of the totsl:
Percentage
Day centre staff (caring. catering and driving)
Shop expenses (staff. r¢nl rates etc)
Food
Utilities (rate5, £&8. electricity, water, telephone)
Repairs and mainlenance
Minibvs
Other operating costs
Fundraising
Goveman¢e and support Costs
Depreciation
200,637
93.955
33,006
27,459
128.031
4.334
45,546
2,006
43.176
JT
696
578,846
The total deficit for the year ended 30 June 2024 was £65,2J l (202) £34,059).
The charity has sulyicient funds to meet its obligations.
Page 2

THE WOKtNGHAM AIW DISTRtCT ASSOCIATION
FOR THE ELDERLY (WADE}
REPORT OF THE TRUSTEES
FOR THE YEAR EIYDED 30 JUNE 2024
Reserves policy
It 15 the policy of the chartty to maintAin utrestricted fvnds, which ar¢ th¢ free reserY¢s of the charitys at a
level which equat¢s to approximately six months UDr¢stricted expenditure. This provides su(fi¢ient fijnds to
cover management and administration and support costs. also to cover any unexpected major repairs
nccessary to the building or replacement of expensive kitchen equipment. U￿estricted fimds were largely
maintained at this l¢v¢l tbrougbout the year. Funds ar¢ held in multiple secure accounts. Rescrv¢s renmin
satisfactory.
FUTURE PLANS
It is inÉend¢d that a¢tiviti¢s at the day centr¢ will continue throughout the coming year, and the tru8te&8 and
staff are always looking to provide additional activities and projects for th¢ b¢nefit of membcr8.
STRUCTUBE, GOVERIYANCE AND MANAGEMEiYr
Governlng documenl
The charity is controlled by it8 governing document constituting a Charitable IncoTporatd Orgiansiation
(CIO) re￿Ster￿ (charity number 1178937) with the Charity Commission on 27 June 2018.
Organis4tion
The constitution stst¢s that the charity shall be managed by a cornmittee comprising the offic￿$ and other
membcr8 el¢¢ted at aTh annual general m¢¢ting. The offic¢Tr and mcmbers of the committee are the I￿￿te¢S
of the charity. The officer8 shall be a chairrnaJJ, vice chairn]an and a tt¢asurer, with a maximum number of
15 trustees. A lisi of the tTUStees who served during the year is set out on page l. All th¢ ttustees offer
thetnselves for re-election at the AGM on 20 November 2024. The oifice8 of Chair, Vice Chair and
Honorary Treasurer are elected by the tryst¢es.
The maDag¢ment COnllnitt¢e is called the Executiv¢ Comtnittee, which meets regularly on a quarterly basis,
or more frequently as required. Sub comtnitte¢s also meet as required and report to the Executive
Committ¢e. The charity employs a day centre manager who is r¢sponsibl¢ for the day to day rurLning of the
centre with supporting caring, ¢at¢ring and driving staff. The ¢harity also a fr￿d-raiS]ng shop with a
shop manager atsd supporting sal¢s stsff. The managers report to. bllt are not rnembe￿ of, th¢ Executivc
Committee.
Prospectiv¢ trustees are iDVitcd to attend trustee meetings as observers and ¢oDsideration is given to their
suitsbility and tbe skills r¢quir¢d of a trustee. The nam¢s of suggested new trust¢¢s are put fonvard at thc
8￿n￿al general m¢eting and Yo¢¢d th¢reon.
Page 3

THE WOKINGHAM AND DISTRI￿ ASSOCIATION
FOR THE ELDERLY (WADE)
REPORT OF THE TRUSTEKS
FOR THE YEAR EI¥DED 30 JUTrIE 2024
STRU￿[iRE, GOVERNANCE AI¥D TrL41¥AGEMENT
Rlsk management
Th¢ trust¢¢s have a duty to identify and r¢vi¢w the risks to which the charity is exposed and io ensur¢
appropriate controls are in pla¢¢ to provide reasonabl¢ ￿uran¢e winst fraud and error.
The tsvstees have assessed the major strategies, business and operational risks which they believe the Charity
faces.
Th¢ external rtsk8 and exposure are kept under constant review, together with the internal aspects of health
and safety. Rtsk re8lSters have been estsblished And are revi¢v/¢d to ensure appropriate mitigation and
compliance.
The major risks and uncertainties to the charity a￿ considered below:
Carin
f r those who use the ccntre
The truste¢8 ettsur¢ that staff rnembcrs are properly traiDed in how to lljanage and safeguard users of the
centre, how to acc¢pt and report complaints and con¢erns and how to escalate these for action where
ecessary.
Dama
elo
fire lifts heatin
water
Th¢ ttustees seek prof¢ssional advice on thc risks Associated with nu)ning the day centr¢. They instal safety
and tnonitoring equipD￿nt and ensur¢ uoitLtenallce on a S¢Dsible and ongoing basis. A f]re compliance report
has been commi&sion¢d and recommendations noted, with an action plall created.
Buildin
mainfrnan¢
A5 the property uscd for a day ¢¢ntre is also • Grade 2 list￿ building, this will always necessitate
maintenance works which may at times be more expensive than for oth¢r ¢ntities.
This year has seen some major work5 carried out to improve facilities and to maintsin the b¢autiful Grade 2
Star premises and gardens. Currcnt works include renovating the two lounge8, improving access from the
dining room to the cottage facilitie5 and carrying out urgent works to the fabric of the building> wbich is now
some 41)0 years old. This work has in¢wr¢d substanual costs in the ¢urreni year of som¢ £73,000 of one off
major works.
It is tbe tDth8' ititention to enswe that the beauti￿1 building and grounds are well maintain¢d for the
future. In addition. the trustees have obtained pla[￿lUg pern]tssion for new toilet facilities at the cen
which they hope to build wben fiumls allow.
structural, survey was commtssioned and finth'ngs noted wlth a variety of r¢pairs and renovations
conducted and further WOTks planned.
Insurance
Comprchensive illsuran¢e ¢over has be¢n taken out.to cover risks related to the infrastrnctsjre. staff and users
of the day centre. Cov¢r includcs o¢¢idents and n¢glig¢nce (including mcdical negligence) also.
rotection
The trustees have t4k¢n advice on the protection and managemcnt of infornution about thos¢ who use the
centr¢ and also concerning staff and volunteers working for the charity.
P&g¢ 4

THE WOKJNGHAM AND DISTiucf ASSOCIATION
FOR THE ELDERLY (WADE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
REFERENCE ALYD ADMINISTRATIVE DETAILS
Reglstered Charity number
1178937
PrlMripAI address
WADE Day Centre
40 Reading Road
Wokingham
Berkshire
RG41 IEH
Trustee8
Mr John Philip Mirfm {Chairn￿)
Mrs Sallyanne Steatbam (appointrd 15.11.23)
Mrs Karen Mahony (appointed 15.11.23)
Mrs Sandy Swe¢t (Vice Chairnian)
Mr David Lee FCA (Honorary TreasuTcr}
Mrs Louise Wingfield
Mrs Margaret Campbell-white
Mr Carole Barnes
Mrs Chri5topber Barnes
Patron
Mrs Lucy Zeal, High St¢ward of Wokingham
Day centre mallager
Mrs ED)ma Hamilton
Shop manager
Wendy Hutchinson
Independent Examlner
Jason Pyke FCA (Senior Statutory Auditor)
Vale & West
Chartued Accountants
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RGI ITG
So]icitor5
Clifton Ingram LLP
22-24 Broad Street
Wokingham
Berkshir¢
RG40 IBA
P8dg¢ 5

THE WOKINGHAM AIW DISTRICT ASSOCIATION
FOR THE ELDERLY (WADE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
REFERENCE AND ADMINISTRATIVE DETAILS
BAnkers
Lloyd8 TSB Bank plc
10 High Stre¢l
B￿kn¢11
Be￿h￿re
RG12 IBT
CAF Bank Limited
25 Kings Hill Av¢nu¢
Kings Hill
West Mailing
K¢0¢
ME194JQ
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are r¢sponsible for preparing the Report of the Trustees and th¢ financial statcments in
accordance with applicabl¢ law and Unit¢d Kingdom ArKounting Standards (United Kingdoin Gencrally
Acceptcd Accountin8 Practice).
The law applicable to charities in England alld Wal￿. the Chariti¢s Act 2011, Charity (Accounts and
Reports) Regulations 2008 and the prtTrvisions of the trnst deed requires the trustees to prepare financial
stat¢ments for each financial year which giv¢ a true and fair view of the State of affairs of the charity and of
the incoming resources and application of Tesourees, including the in¢ome and ¢xpenditure, of th¢ ¢harity for
that p¢riod. In preparing thos¢ financial statem¢nts. the trusi¢¢s are required to
select suitable accounting policies and then apply them consistently.
observe the methods and princlples in the Charity SORP.
make judgements and cstimates that are reasonable and pn￿ent.
stat¢ wh¢th¢r applicable accounting standards have been followe￿ subject to any material departures
di5clos¢d and explaitted in th¢ financial ststemenls.
prepare the financial statem¢nts on th¢ going concern basis wiless it l5 inappropriat¢ to pr¢sum¢ that the
¢harity will continue in business.
The trustees are responsible for ke¢ping prop¢r decounling records which disclose with reasvnable a¢curdcy
at ally time the finaThcial position of th¢ charity and to enable them to ensure that th¢ finan¢ial Stat¢￿entS
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and tbe
provisions of ihe trust deed. They arc Also responsible for safeguardillg th¢ assets of ibe charity and hence
for taking reasonable steps for the preventioll and detcction of fraud and other irregulaTiIi¢s.
and signed OD its behalf by:
Approved by ord¢r of the board of ttwtees on ........
Mr Joh
. Trustee
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE WOKINGIIAM AND DISTIUCT ASSOCIATION
FOR THE ELDERLY (WADE)
Independent ex&miner'$ report to the trustse5 of the Wokingham and District Associ4tion for the
Elderly IWADE)
I report to the charity trustees on my examination of the accounts of the Wokingham and Distri￿ Association
for the Elderly ('the CIO) for the y¢ar ¢nd¢d 30 Jun¢ 2024.
Responslbllldes and basts of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 ('the Act,).
I reFrf)rt in respect of my examination of the CIO'S accounts carried out under section 145 of th¢ A￿. tn
atrying out w cxamtnation I havc followed all applirabl¢ Directions given by the Charity ConllnissioD
und¢r sectioTh 145(5)(b) of the 2011 ACL
Independent eJaminer's staternent
I hav¢ rojnpleted my ¢xamination. I confirni that no material matters have ¢ome to my attention in
connection with the examination ¥iving me ¢aus¢ ¢0 believe that ill any material respect:
. accounting records were not kept as required by section 130 of the Act" or
2. the accounts do nol accord with those r¢¢ords.' or
3. the accounts do not comply with the applicable requirements ¢on¢¢rning the form and cont¢nt of ac¢oullts
set out in the Charitie8 (Accounts and Reports) Regulations 2008 othcr than any requirement th￿ the
accouDts givc a true and fair view which is not a matt¢r considered as part of an independent examination.
I have no concerns and have come acT085 no othcr matters in connection with th¢ examination to which
attention should be drawn in this report in order to enable a proper ut)derstandLDg of thc accounts to b¢
r¢ached.
Jason Pyke FCA (Se
or Sta￿tOry Auditor)
The I￿￿titute of Chartered Accountants in Eng]and and Wal¢s
Vale & W¢st
Chfftred Accountants
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RGI ITG
Datc..
13 loi*
Page 7

THE WOKINGHAM AND DISTRicf ASSOCIATION
FOR THE ELDERLY (WADE)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2024
30.6.24
Unrestrfieted
fund
30.6.23
Total
fimds
Noles
COME AND ELYDOWMENfs FROM
Dollatiolls and legacics
12,735
48.005
Charil4ble a¢tivities
Day CaTe
Meals
Minibus
282,936
52,169
32￿￿4
263.638
50,621
29J78
Other trading activities
Investsnent incom¢
131,040
2.171
149,910
Total
513.615
541.552
EXPENDITURE ON
Raising filluls
95,961
110,681
Charitsble Ac¢ivlties
Day Care
Meals
Minibus
377,572
65,076
40237
301.513
51.634
43.665
Total
S78￿46
507,493
NET INCOMEJ(EXPENDITURE)
(6S231)
34.059
RECONCILIATION OF FUNDS
Total funds brougkni fonvard
413J32
379.273
TOTAL FUI¥DS CARRIED FORWAIU)
348,101
413.332
The not¢s fom part of these financial statem¢nts
Page 8

THE WOKINGHAM AND DISTRICT ASSOCIATtOF4
FOR THE ELDERLY (WADEI
BALANCE SHEET
30 JUNE 2024
30.6.24
Unrestrleted
fuod
30.6.23
Total
funds
Notes
FLYED ASSETS
Tangible as5¢ts
13
2.835
3,531
CURRENT ASSETS
Debtors
Cash at bank and An hand
14
37J63
328A84
39,791
393,161
305,847
432,952
CRED￿oRs
Amounts falling due witbin one year
15
(20,581)
(23,151)
NET CURRENf ASSETS
345266
409,801
TOTAL ASSETS LESS CURRENT
LIABILITIES
348,IOA
413.332
NET ASSE]S
348,101
413,332
FUNDS
Unrestricted funds
16
34&101
413.332
TOTAL FUNDS
348,101
413.332
Th¢ fitkancial 8tstrments were approved by the Board of Trustees and authorised for issue on
&J..l.Ll. l.£0 Z4-
and wcr¢ bigned on its behalf by:
MrDa
id Lee FCA- Tru5t¢e
MrJo
- Tn￿tee
The notes form part of these financial statements
Page 9

THE WOKllYGHAM AM) DISTIUCT ASSOCIATION
FOR THE ELDERLY (WADE)
CASH FLOW STATEMENT
FOR THE YEAR ENDED 311 JUNE 2024
30.0.24
30.6.23
Notes
Cash llows from operating activities
C&sh generated from operations
(66,848)
68.833
Nel caskn (ll￿d inVprovAded by operating activities
(66,848)
68.833
Cash floffs from Investing Activities
Interest r￿1V¢d
2,171
Nel cash providcd by inv¢8ting activities
2,171
Change In cgsh and cash equiv4lenl$
in the reporting period
C4sh and eash equivalents at ¢h¢
beglnnlng of the reportlllg period
(64,677)
68.833
393,161
324,328
Cash *nd ¢￿￿ equlvalents at the end
of the reportlng perlod
328,484
393.161
The notes forni part of th¢se financial 8tat¢ments
Page 10

THE WOKINGHAM AND DISTRicf ASSOCIATION
FOR THE ELDERLY IWADE)
NOTES TO THE CASH FLOW STATEMEwr
FOR THE YEAR ENDED 30 JUNE 2024
RECONCILIATION OF NET (EXPENDtTUREyINCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
30.6.24
30.6.23
Net (expellditure)/income for the reportlng peTiDd (as per the
Stgtement of Flnanclal Activltfies)
Adjustments for:
Depreciation charge6
Interest received
Decrease in d¢btors
(D¢¢reaseyincreas¢ in creditors
(05.231)
34,059
696
(2,171)
2,428
(2,570)
695
17,424
16,655
Net cash (used in)Iprovlded by opera￿On$
(66.848)
68,833
AP4ALYSIS OF CHANGES IN NET FUNDS
At 1.7.23
Cash flow
At 30.6.24
Net ¢Ash
Cash at bank and in hand
393,161
(64,677)
328,484
393,161
(64,677)
328,484
Totsl
393,161
(64.677)
328,484
The not¢5 forn) part of thesc financial statements
Page 11

THE WOKINGHAM AIYD DISTRICT ASSOCIATION
FOR THE ELDERLY (WADE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
CHARTTY ThFORMATION
WADE is a Charitable Incorpordted organisatio￿ incorporated in England and WaK¢s. The charity'5
registered otTIc¢ 18 40 Reading Road. Wokinghw Berkshire, RG41 IEH.
The prin¢ipal activity of the clwity is to promote the welfare of ihe eldcrly in any manner which by
law is deemed to be charitabl¢ and within th¢ "Wokingham Borough Council area"
This is MfJll¢d
by providing the elderly members of the charity with day care at the charity's day centre, with
activities, entertainments, transport and r¢fr¢shm¢nt8.
ACCOUNTING POLICIES
B4sl8 of preparlng the financial 5tatemeMts
The f￿ancIal Statements of the ¢harity. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities:
Statement of Recommended Practice applicablE to clwities preparing thcir accounts in accordance
with the Fill￿¢121 Reporting Stalldard applicable ill the UK and Republic of JTeland {FRS 102)
(effective l January 2019).. Financial Reporting Standard 102 Th¢ Financial Reportiag Standard
applicable in the UK and Republic of Ireland, and the Charities Act 2011. The fin8ncia] statements
have been prepared und¢r the historical cost ¢onvention.
The finADcial stsi¢ments are presented In sterling (£) and are rounded to the nearest £1.
Golng Concern
Having considered plann¢d activities and resources available to the charity, Ihe tru5t¢¢s are
satisf1￿ that the financial statements should continued to be prepared on a going conc¢rn basis.
Income
All infjonle is recO￿ls¢d in th¢ Stat¢m¢nt of Financial Artivitl¢8 once the charity has entitlement to
the funds. it is probable that the income will bc rr¢¢ived and the amouttt can be measured reliably.
For legacies, entitlement is taken as the ¢arlier of the dat¢ on which either the Charity is aware that
PTobate has b¢en grant&l the estate has b¢en finalised and notification has been made by the
executors that a distribution will b¢ made. or when a distribution is received from the estate. Receipt
of a legacy. in whol¢ or in parL is only considered probable when th¢ amount can br measured
reliably and the charity has been notified of an executor intention to makc a distributioL Where
l¢gacies have been notifi¢d to the ¢haTity. or the charity is aware of thc granting of probate, and th¢
criteria for In￿M¢ recognition have not been meL Ih¢n th¢ l¢gacy is treated as a conlingcnt asset and
th"sCI05￿ if material.
Gift8 in kind donated for distribution are included at valuation and recognised as income when they
are distributed to the prfjJ￿ts. Gifts donated for resale are included as income when they are sold.
D(7nated facilities are incluthd at the value to the charity where this can be quantified and a third
party is bearing th¢ ¢ost. No amouJLts are illcluded ill the finallcial statements for servic¢s donated by
volunteers.
Donat¢d good and services or facilities are reco￿1$¢￿ when the charity has control over the itw any
condition associafrd with the donated item gave b¢ell meL the rcceipt of economic benefit form the
us¢ of the chaTity of the item is probable and that the ¢conomic benefit cao b¢ measured ￿liably.
accordance with th¢ Chartties SORP (FRS 102). The general volunteer time of the Friends is not
r¢cognis¢d their Valued coutrlbutiott is referenced by the Trustees, Rcport.
Page 12
¢onttnued...

THE WOKINGHAM AND DISTtUCT ASSOCIATION
FOR THE ELDERLY (WADE
1¥4OTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR EI4IDED 30 JUNE 2024
ACCOtJNTING POLICIES- ¢on¢inu¢d
illcome
On rec¢ipL donat¢d prof¢ssional services and donated facilities are recognised on the basA8 of th¢
valuc of the gift io the charity which is the amount the charity would have been willing to pay to
obtain serviees or facilities of equivalent economic benefit on the open market with a corresponding
amount reCO￿lsed in exp¢uditure in the period of r¢￿ipt.
Unsold donated items are not included for stock valuation purposes and there are uo other slo¢ks sold.
tn¢om¢ tsx r¢¢ov¢rable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Donations and volllntsry income
Illcome from donations, fundraising and other voluntary are accounted for on a r¢¢¢ivabl¢
basis.
Expenditure
Expenditu￿ is recognised as expenditure as soon as there is a legal or constructive obligation
mmitting the charity lo th￿ ¢xpenditllr¢. it is probable that a transfer of economic benefits will be
required in settlement and the amouDt of the obligation ean be measured reliably. Expenditure i8
a¢couttt¢d for on an a¢¢nEals basis and classified by activity. TILC Cost of each activity made up of
the total of dircct costs ind shared costs wbich are not attributable to a siogl¢ a¢tivity are apportion
bactivitiese activitites on a basis con8lSteftt with the use of resources. Central staff costs are allocated
on the basis of timdcpr¢ci8tion dep￿alliOn charges allocated on the portion of th¢ asset's use.
Fundraising costs are those incuryed in seeking voluntary contributions and do not include the wsts of
disseminatin8 inforniation Ati SUPPOrt of the charitable a¢tiviti¢s. Support costs arc those cost incurred
diT¢Ctly in support of expendilurc on th¢ objects of the charity and Include project management
carrid out at H¢adquarters. Governartce costs are those incurred in conncctions WAth administration
of the cbarity and compliance with cOnSti￿tiOnal attd statutory r¢quir¢m¢nts.
Tangible flxed assets
Fixed assets are lticlud￿ at ¢osL net of depreciation and any provision for impai[m￿L Depreciation
is provided at rates calculated to write off the cost of fixed assets, Icss their estimated residual valu¢.
over their expected uscful lives on the following basis-
Freehold propety
Improvements to property
Fixtures and equipment
Molor Vehicles
fully depreciatcd
I￿/0 straight IAn¢
25Q/o Straight lin
25Vo Straight line
Repair5 and eqylpment replacement
As the cFLarity is constanily r¢pla¢in8 and repairiDg cquipment in usc, asscts which are purchased to
replace or upgrade existing equipment are not generally capitalised. but ¢xp¢nsed in the y¢ar of
acquisition as repairs and renewals. Costs of this type include heating and water systems. fire and
security equipm¢nt. and catering equiprnent. Major capital as5¢ts are capitalised and d¢preciate(L
Taxation
The ¢harAty is ex¢mp¢ froTn ￿ on Ats charitablc activities.
Page 13
continued..

THE WOKINGHAM AND DISTIUCT ASSOCtATIO
FOR THE ELDERLY (WADE)
IYOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES- CODtlnued
Fund a¢coMnting
General fimds are unrestricted funds which are available for use at the discretion of the tn￿le¢S in
fi￿erance of the general objectives of the charity and which have not been designated for other
purposes.
Desi8Qated fimds con)prfftse unrestricted funds that have been set aside by the trustees for a spe¢ifi¢,
but not legally bindin& purpose. There were no d¢S1￿￿ted fund at the balance sheet date.
R¢stri¢t¢d fimds ar¢ fjjnds wthich are to be used in accordance with spxifir r¢strictions imposed by
donors or which havc bccn rais￿ by the charity for a particular purtrf)se.
tnveslment income, gains and losses are allocated to the &ppryiate fund.
Operatlng lease reDtals
Rentals under operating Icascs are charged to the prnfit and 108s account on a straigbt line basis over
the leas¢ tcrm.
Penslon costs and other p08t-retlrement benefits
Th¢ ¢harity operates a defjned contribution pcnsion seheme and tbe pension charge represents the
amounts payable by the charity to th¢ fund in respect of the year.
Dancial instruments
The charity only enters into basic fiii8n¢ial instnunents transactions that result in the recognition of
financial a85¢1s and liabilities like trade and other debtors and ¢reditors.Short t¢r￿ d¢btors aTe
measured at transaction price, less any impairm¢nt. Short term creditors are measured at transa¢tion
pric¢.
DONATIONS AND LEGACIES
30.6.24
30.6.23
Donations and sitnilar income
12,735
48,005
OTHER TRADING ACTIVITIES
30.6.24
30.6.23
Fundrni8ing events
Shop incom¢
Social lotteries
IQ253
112,036
2,751
29,878
116,553
3,479
131,04D
149,910
Page 14
continued...

THE WOKINGHAM AND DISTRICT ASSOCIATION
FOR THE ELDERLY (WADE)
(YrES TO THE FINANCIAL STATEMKNTS- CODtinlled
FOR THE YEAR ENDED 30 JUNE 2024
INVESTMEwf INCOME
30.6.24
30.6.23
Dep)sit account interest
2,171
INCOME FROM CHAIUTABLE ACTIVITIES
30.6.24
30.6.23
Activity
WBC funded care and
1Tansport
D&ily care charges
Grants
Mis¢ellaneous s¢rvices
Non services income
Mernber subscriptions
Member meals
WBC funded care and
transport
Minibus
Day Care
Day Care
Day Care
Day Care
Day Care
Day Care
Meals
53,777
201,174
500
25,921
118,991
120.961
21,550
36
2,100
50,621
1564
52.169
Minibus
Minibus
10,322
22242
6,378
23,000
367,669
343.637
Grants received, included in th¢ above, are as follows:
30.6.24
30.6.23
Wokingham Lions
500
Page 15
¢ontinued...

THE WOKINGHAM AND DISTRicf ASSOCIATION
FOR THE ELDERLY (WADE)
OTES TO THE FILYANCIAL STATEMENTS - conllllued
FOR THE YEAR ENDED 30 JUNE 2024
RAISING FUIYDS
Other trading 4¢tlvAtles
30.6.24
30.6.23
Shop trading costs:
Staff costs
Rent
Rates and water
Light and beat
Telephone
Insufdnce
Repairs and maintenance
Bank chargcs
53,931
32539
173
3,180
I￿10
54.186
31.207
187
1.400
742
750
5,591
2.008
607
2.ols
93,955
2,006
96.071
14.610
Fundraislng event costs
95,961
110,681
Total c05t of rnisittg fA￿d5
CHARITABLE ACTIVITIES COSTS
Support
osts (see
note 9)
Direct
Costs
Totals
Day Car
Meals
Minibus
334J96
6S076
40237
43,176
377J72
65,076
40,237
439,709
43,176
482,885
Page 16
continued..

THE WOKINGHAM AND DISTRICT ASSOCIATION
FOR THE ELJ)ERLY (WADE)
NOTES TO THE FII¥ANCIAL STATEL*IENTS- ¢ollllnued
FOR THE YEAR ENDED 30 JUNE 2024
SUPPORT C(Y6TS
Governance
costs
Management Finance
Totals
Day Car¢
25J37
2J64
15,475
43,176
10. TRUSTEES, REMUNERATION AND BENEFrrs
There were no tThstees' remuneration or other benefits for the y¢ar ¢nded 30 Jun¢ 2024 nor for the
year ¢Dd¢d 30 June 2023.
Trustees, expenseg
There w¢r¢ no trusl¢¢s' expenses paid for the yw ended 30 Jun¢ 2024 nor for the y¢ar ¢nded
30 June 2023.
11. STAFF COSTS
30.6.24
30.6.23
Wages and salaries
Social security costs
Other p¢nsion cost5
263,414
5,163
7,658
253,485
15,580
6.861
276,235
275,926
The av¢rage month]y number of employees during the year WLS &s follows..
30.6.24
io
30.6.23
Day Centre
Shop
Governance
15
16
No eMploy￿S received cmoluments in ucess of £60.000.
Page 17
onlinued...

THE WOKINGHAM AND DISTRICT ASSOCIATIOIY
FOR THE ELDERLY (WADE)
NOTES TO THE FtNALYCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 30 JUNE 2024
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricte
fimd
INCOME ALYD EIYDOWMENTS FROM
Dorffjtions and legacles
48,005
Cbarltsble aellvltles
Day Care
Meals
Minibu4
263.638
50,621
29.378
Oth¢r tradins activities
149.910
Totsl
541.552
EXPENDTfuRE ON
Raising fimds
110.681
Charfthble activiti&
Day Care
Mea15
Minibus
301,513
51.634
43,665
Totsl
507.493
NET INCOME
34.059
RECONCILIATION OF FiiNDS
Total funds brought fonvard
379273
TOTAL FUNDS CARRIED
FORWARD
413.332
Page 18
continued..

THE WOKINGHAM AND DISTRJCT ASSOCIATIOF4
FOR THE ELDERLY (WADE)
NOTES TO THE FINANCIAL STATEMENTS- contlnved
FOR THE YEAR ENDED 30 JUNE 2024
13. TANGIBLE FIXED ASSETS
Improvements
lo
property
Fixtur¢s
Motor
vehicl¢s
fittings
Totals
COST
At l July 2023 and 30 June 2024
955
1&087
55,574
78,616
DEPRECIATION
At l July 2023
Charge for year
3,624
696
15987
55,474
75,085
696
At 30 June 2024
4J20
15,987
55,474
75,781
NET BOOK VALUE
AI 30 June 2024
2,635
loo
2,835
At 30 June 2023
3,331
100
100
3,531
Freehold prnperty
Freehold property comprises LIttlecou￿ 40 Reading Road. Wokingham. The historic C05t of the
property, wholly relaling to buildings was £IO,(K)O. had been fillly depr¢¢iated in period8 prior the
Charity's inco4Jorntion as a CIO itt June 2018.
14, DEBTORS: AMOUNTS FALLING DUE ￿THIN ONE YEAR
30.624
30.6.23
Trad¢ debtors
VAT
Prcpayments and a¢¢n￿d income
25,530
2,833
9,000
29.392
938
9.461
37,363
39,791
Page 19
¢ontinu¢d...

THE WOKll¥GHAM AIW DISTRICT ASSOCIATION
FOR THE ELDERLY (WADE)
IYOTES TO THE FINANCIAL STATEMENTS- contlnyed
FOR THE YEAR ENDED 30 JUNE 2024
15. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
30.6.24
30.6.23
Trade credttors
Taxation and social security
Oth¢r creditor8
io,iii
1,997
8,473
9.461
5,477
8213
20,581
23,151
16. MOVEfilENT IN FUNDS
Net
moyement
in fimd5
At
30.6.24
At 1.7.23
Unrestrlcted fuuds
General fund
413J32
{65,231)
348,101
TOTAL FUIYDS
413a32
(65.231)
348,101
Net movement in fimd8. included in the above arc &$ follow8:
Incoming
resources
Resources
xpendcd
Movement
in fimd
Uorestrithd funds
Gen¢ral fund
513.615
(578,846)
(65331)
TOTAL FUNDS
513,615
(578,846)
{65,231)
Comparatives for movement In funds
Net
movement
in funds
At
30.6,23
At 1.7.22
Unrestrlcted funds
General fund
379,273
34.059
413.332
TOTAL FUNDS
379,273
34,059
413,332
Pa8¢ 20
continued..

THE IVOKINGHAM AND DISTRICT ASSOCIATION
FOR THE ELDERLY IWADE)
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 JUNE 2024
10. MOVEMENT IN FUNDS- condDued
Comparative net rnoyement in fiwds. included in the abov¢ are as follows..
Incoming
resources
Resources Mov¢m¢nt
expended
in funds
Unrestrlcted funds
Genernl fimd
541,552
(507,493)
34,059
TOTAL FUNDS
541.552
(507,493)
34,059
17. OTHER FINANCIAL COMMITMENTS
At 30 Junc 2024, the Company had total commitments undw non-call¢ellable operating l¢ases over the
remaining life of the l¢a5es of £300,OIJ) (2023.. £125,000).
I& RELATED PARTY DISCLosifRES
There were no r¢lated party transactions for th¢ year cnded 30 June 2024.
Pa8¢ 21

THE WOKINGHAM AND DISTRICT ASSOCIATION
FOR THE ELDERLY (WADE)
DETAILED STATEIVIENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2024
30.6.24
30.6.23
INCOME AND ENDOWMENTS
Donations and legacies
DonatioTrs and similar income
12,735
48,IK)5
Otber trading activities
Fundraising events
Shop income
SocAal lotteries
16,253
112,036
2,751
29,878
116.55)
3,479
131,040
149,910
Investment ineome
Dep)sit a¢count interest
2,171
ChgritAble activities
WBC funded care and transport
Member meals
Daily care charges
Minibus
Grants
Miscellaneous services
Non services income
Member subscriptions
64,099
52,169
201,174
22,242
soo
25,921
125,369
50,621
120,961
23,000
21,550
36
2,100
1,564
367,669
34J,637
Total incotning resollrees
513,615
541,552
EXPENDITURE
Other tradfing a¢tfvltie$
Fundraising events
Shop salaries
Shop social security
Shop pensions
Shop rent
Shop rates and water
Shop light and heal
Shop telephone
Shop insurance
Carried forward
2.006
51,518
1,002
1,411
32,539
173
3,180
1,510
14.610
49,986
3,072
1,128
31207
187
1.400
742
750
103.082
93J39
This page does not fomi part of the statutory financial statements
Page 22

THE WOKINGHAM AND DISTRICT ASSOCIATION
FOR THE ELDERLY IWADE)
DETAILED STATEMENT OF FINANCIAL ACTtVlTIES
FOR THE YEAR ENDED 30 JUNE 2024
30.6.24
30.6.23
Other trading activities
Brought fonvard
Shop repairs and maintenance
Shop bank Charges
93,339
607
2,015
103,082
5.591
2,008
95,961
110,681
Cbaritsbl¢ a¢tivities
Wages and social security
Social security
Pensions
Rates and water
Insurdnce
Lighi and heat
Telephone
Postage and stationery
Food and kitchen expenses
Sundries
Cleaning and windows
Gardeners (contracted)
Building 2nd garden repairs and
maintenance
EquipTnent repairs and renewals
Health and safety, training, uniforms, DBS
Minibu5 expenses
Chiropodist and hairdressers
Improvernents to property
187,649
3,788
5,530
5,075
17,913
19,601
2,783
1,507
33,006
24,589
J4,378
3,440
175.817
10.807
5.733
4.544
12,336
6,418
2,729
2.985
20,861
7,853
6,994
48,493
61,720
1,537
4.334
3,670
696
26,234
43,715
649
8,654
2,736
695
439,709
35J,182
Suppor¢ costs
Management
Wages
Social security
Pensions
24,247
373
717
27.682
1.701
25,337
29.383
Finance
Bank charges
2?64
Governance Costs
Independent examiner's remuneration
Carried forward
2500
2500
2,500
2,500
This page does not forni part of the stA￿tory financial statements
Page 23

THE WOKINGHAM AND DISTRICT ASSOCIATION
FOR THE ELDERLY IWADE)
DETAILED STATEMENf OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2024
30.6.24
30.6.23
Gov¢rnaD¢e ¢0sts
Brought forward
Independ¢nt examinees other fees
Legal and profr5sional fees
2,500
2.300
10,675
2,500
3.241
6.213
15A75
11,954
Total resouw￿ expended
578.846
507.493
Net (expendltureVlncom¢
(65231)
34,059
This page does not forni part of th¢ sta￿tOry financial statements
P&ge 24