2024-09-30-accounts - Age Concern Newbury And District

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NUMBER: CE021945 (England and Wales) REGISTERED CHARITY[NUMBER:] 1189615

REGISTERED COMPANY

REPORT OF THE TRUSTEES[AND] UNAUDITED FINANCIAL STATEMENTS[FOR][THE][YEAR][ENDED][30][SEPTEMBER] 2024 FOR

AGE CONCERN NEWBURY AND DISTRICT

Banks[&] Co Limited Chartered Certified Accountants 1 Carnegie Road Newbury Berkshire RG14 5D)

AGE CONCERN NEWBURY AND DISTRICT

CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 30 September 2024

		Page
Report of the Trustees	1	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet		6
Notes to the Financial Statements	7	to	17

AGE CONCERN NEWBURY AND DISTRICT

REPORT OF THE TRUSTEES

For The Year Ended 30 September 2024

The trustees who are also directors of the charity for the purposes[of] the Companies[Act] 2006, present their report with the financial statements of the charity for the year ended[30] September[2024.][The] trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing[their] accounts[in][accordance][with][the][Financial] Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Aims, Objectives and Activities

The aim of the charity remains the provision of services to meet the needs[of] senior[citizens] aged[65][and] over living at home[in] West Berkshire and North Hampshire[within] the catchment area[of][15][miles][of][the] Fair Close Centre in Newbury. Many of our beneficiaries are over[80][and] supporting[them][to] live independently at[home] is a key objective. Keeping our[senior][citizens][mentally][and][physically][healthy][and] happy, providing them[with] nourishing[food][and][a] friendly place[to][meet][is][at][the][heart][of][the][charity's] work.

The charity's base is the Fair Close Centre which[is] located close to Newbury's[historic][alms-houses][and] modern sheltered housing.[The] centre celebrated[57] years[of][continuous][service][in][2024][having][been] purpose[built][in][the][mid][1960's][and] refurbished in 2017. At the heart of the centre is a fully staffed and well-equipped kitchen which produces an average of between 90 and 100 meals each day. Between[50] and 60 meals are delivered 6 days a week to housebound senior citizens by meals on wheels volunteers with a further 30 to 40 served in the centre's dining room.

The centre runs a busy programme of regular weekly[activities][and][entertainment][which][include][chair] exercises, bowls, bingo,[flower] arranging,[book][club,][crafts] workshops, music and singing. Thanks to a grant[from][the][Greenham][Trust][a] regular[fortnightly][dementia][café][welcomes][those] in the community with early on-set dementia and importantly their carers. The Men's Shed opened in 2022 is now well-established running wood-carving classes along[with] many[different] woodworking opportunities.

Plans to develop the lounge to provide a centre (to be called the Camellia Club) for daily dementia respite care and to convert the[oil] shed[into] an[office][for] a wayfinding[service] were[further] developed[during][the] year.[Work][to][realise][these][plans][which][include][a][new][separate][outside][covered][entrance][to][the][lounge] should be completed early in 2025 when the Camellia Club[will] be open initially[2] days a week and then[3] days according to demand.

Income and Expenditure

The charity's main source of income remains the provision of meals. We continue to provide[MoWs] to Hungerford and Lambourn which has helped to increase income. However, the[level][of] subsidy we[have] provided this year[in] order to keep the cost of meals[down][is] not considered sustainable.[We][have][used] almost the entire uplift in the value of our investments to subsidise the centre's provision of[meals.] Without that uplift, which is not guaranteed every year, a considerable joss would have been incurred. The price of meals was increased on i October 2024 but still remains low compared with other providers. Income from fundraising is therefore increasingly important to the charity as it seeks to keep the cost of meals and other centre services affordable and the dividend income from the Sarah Henderson investment portfolio remains vital.

Increased income from Hall Hire is welcomed but rises in the cost of insurance and energy resulted in increased expenditure which together with increased kitchen staff costs largely due to covering a staff member's long term illness have led to the increased losses for the year. The architect's fees (under Professional Fees) for the design of the new dementia facilities was largely covered by a grant from the Greenham Trust.

AGE CONCERN NEWBURY AND DISTRICT

REPORT OF THE TRUSTEES For The Year Ended 30 September 2024

Staff

The core team of 3 full-time and 15 part-time staff led by Chief Executive James Wilcox worked exceptionally hard to keep our vulnerable clientele safe and healthy. They have ensured that the[Fair] Close Centre remains a welcoming and vibrant place for members to meet, eat[and][be] entertained at[a] challenging time financially[both][for] senior[citizens][and][for][the][charity.]

Volunteers

A dedicated team of 60 volunteers works in many different ways to support the charity. The trustees are enormously grateful to those[who] give their services[free][of] charge[to][work] as[meals][on][wheels][drivers,] waiters in the dining room and café, receptionists and supervisors[in] the[Men’s][Shed.][The][volunteers] are crucial to the smooth running of the charity and their contribution cannot be over-stated.

Trustees

We welcomed Nigel Fleming as a trustee and the treasurer in January 2024. He is well known to the community having managed the Newbury Building Society for many years.[Andrew] Crompton joined in July providing[much] needed business expertise[and] help[with][fundraising.]

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a[limited] company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Appointment of Trustees[is] governed by the[Constitution][of][the] Charity.[The][Trustees] are[responsible][for] overseeing the[affairs][of] the organisation.

Risk management

The trustees have a duty to identify and review the risks to which the charity[is] exposed and to ensure appropriate[controls] are[in] place[to] provide[reasonable] assurance against[fraud][and] error.

Financial review

The charity's policy is to maintain sufficient reserves to maintain and develop those[activities][which] are[in] line with the objectives of the charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number CE021945 (England and Wales)

Registered Charity number 1189615

Registered[office] Fair Close Day Centre Newtown Road Newbury Berkshire RG14 7BH

Trustees

Mrs J] Reed D Astor J Hopson Mrs[M] Payne J P Barton V Miller B Letham NF C Fleming (appointed 22.1.24) AG Crompton (appointed 22.7.24)

AGE CONCERN NEWBURY AND DISTRICT REPORT OF THE TRUSTEES For The Year Ended 30 September 2024

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Banks & Co Limited Chartered Certified Accountants 1 Carnegie Road Newbury Berkshire RG14 5DJ

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INDEPENDENT EXAMINER'S REPORT[TO][THE] TRUSTEES[OF] AGE CONCERN NEWBURY AND DISTRICT Independent examiner's report to the trustees of Age[Concern] Newbury[and][District] (‘the Company’) I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2024. Responsibilities and basis[of] report As the charity's trustees of the Company (and also its[directors] for the purposes[of] company[law)] you are responsible for the preparation[of][the] accounts[in][accordance][with][the] requirements[of][the][Companies][Act] 2006 (‘the 2006 Act’). Having satisfied myself that the accounts[of][the][Company] are[not][required][to][be][audited][under][Part][16][of] the 2006 Act and are eligible for independent examination,[I] report[in] respect[of] my[examination][of] your charity's accounts as[carried] out[under][Section][145][of][the][Charities][Act][2011][(‘the][2011][Act’).][In][carrying] out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011[Act.] Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must[be][a][member] of listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which[is] one[of] the[listed][bodies.] I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept[in] respect[of][the] Company as[required] by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements[of][Section][396][of][the][2006][Act][other] than any requirement that the accounts give a true[and][fair][view][which][is] not[a] matter[considered] as part[of] an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts[in] accordance with the Financial Reporting Standard applicable[in] the[UK] and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn[in] this report[in] order to enable a proper understanding[of] the accounts[to][be] reached. ha ab RML Taylor Banks[&] Co Limited Chartered Certified Accountants 1 Carnegie Road Newbury Berkshire RG14 5DJ

AGE CONCERN NEWBURY AND DISTRICT

STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 30 September 2024

For The Year Ended 30 September 2	024
				2024	2023
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E	E	E	E
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	80,993	65,991	146,984	143,193
Day centre income	3	187,517	-	187,517	186,315
Investment income	4	27,459	-	27,459	25,574
Total		295,969	65,991	361,960	355,082
EXPENDITURE ON
Expenditure on generating income	5	156,871	27,430	184,301	172,470
Overhead costs	7	239,784	31,317	271,101	277,656
Total		396,655	58,747	455,402	450,126
Net gains on investments		92,658	-	92,658	5,600
NET INCOME/ (EXPENDITURE) Transfers between funds	18	(8,028) 28	7,244 (28)	(784) -	(89,444) -
Net movementin funds		(8,000)	7,216	(784)	(89,444)
RECONCILIATION OF FUNDS
Total funds brought forward		1,150,469	32,670	1,183,139	1,272,583
TOTAL FUNDS CARRIED FORWARD		1,142,469	39,886	1,182,355	1,183,139

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AGE CONCERN NEWBURY AND DISTRICT

BALANCE SHEET

30 September 2024

BALANCE SHEET 30 September 2024
				2024	2023
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E	£	£	E
FIXED ASSETS
Tangible assets	13	194,648	-	194,648	205,542
Investments	14	918,142	-	918,142	927,969
		1,112,790	-	1,112,790	1,133,511
CURRENT ASSETS
Stocks	15	2,513	-	2,513	2,250
Debtors	16	17,404	-	17,404	10,850
Cash at bank and in hand		31,671	39,886	71,557	62,568
		51,588	39,886	91,474	75,668
CREDITORS
Amountsfalling due within one year	17	(21,909)	-	(21,909)	(26,040)
NET CURRENT ASSETS		29,679	39,886	69,565	49,628
TOTAL ASSETS LESS CURRENT
LIABILITIES		1,142,469	39,886	1,182,355	1,183,139
NET ASSETS		1,142,469	39,886	1,182,355	1,183,139
FUNDS	18
Unrestricted funds				1,142,469	1,150,469
Restricted funds				39,886	32,670
TOTAL FUNDS				1,182,355	1,183,139

The charitable companyis entitled to exemption from audit under Section 477 of the Companies Act 2006

for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply. with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply[with] the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on vena neneeees and were signed onits behalf by: |oes —[mae] d - Chairmanfed,

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AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 30 September 2024

i. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Statutory information

Age Concern Newbury and District is a Charitable Incorporated Organisation (CIO), limited by guarantee, registered in England and Wales. The Charitable company's registered company number[is] CEO21945 and its registered charity number is 1189615. Its registered office and place of business is Fair Close Day Centre, Newtown Road, Newbury, Berkshire, RG14 7BH. The charity was incorporated on 21 May 2020. Charitable activities commenced on[1] October 2020 following the merger. The financial statements detail the income and expenditure for the 12 months ended 30 September 2024.

The presentation currency of the financial statements is the GB Pound (£).

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds,it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there[is] a legal or constructive obligation committing the charity to that expenditure,[it][is] probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure

is accounted for on an accruals basis and has been classified under headings that aggregateall cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold - Straight[line] over[70] years Plant and machinery - 15% on reducing balance Fixtures and fittings - 15% on reducing balance Motor vehicles - 25%on reducing balance Computer equipment - 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fundis included in the notes to the financial statements.

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

1. ACCOUNTING POLICIES- continued

Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities[in] the period to which[they] relate.

Investments

Investments are stated at market value at the balance sheet date. The Statement[of][Financial] Activities includes the net gains and losses arising on revaluations and disposals throughout the year.

DONATIONS AND LEGACIES

2.	DONATIONS AND LEGACIES
			2024	2023
			£	E
	Gifts and donations		112,648	109,009
	Gift aid		-	793
	Legacies		-	2,400
	Fund raising		34,336	30,991
			146,984	143,193
3.	DAY CENTRE INCOME
	Day centre receipts Membership fees		2024 E 160,420 5,025	2023 £ 163,188 5,201
	Trips & holidays		436	-
	Hairdressing		5,120	6,463
	Centre activities		5,728	4,736
	Hire of hall		8,393	6,727
	Chiropody		2,395	-
			187,517	186,315
4.	INVESTMENT INCOME
			2024	2023
			E	E
	Deposit account interest		2,456	1,872
	Current asset investment income		259,003	23,702
			27,459	25,974
5.	EXPENDITURE ON GENERATING INCOME
			2024	2023
	Day centre costs
			E	E
	Staff costs		86,611	75,670
	Food and kitchen costs		74,025	69,153
	Meals on wheels driver's costs		40	151
	Motor vehicle expenses Events	,	3,859 13,959	4,672 16,697
			178,494	166,343
	Investment management costs
			2024	2023
			E	E
	Portfolio management		5,807	6,127
	Aggregate amounts		184,301	172,470

AGE CONCERN NEWBURY AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024 6. SUPPORT COSTS Management Finance Administration £ E Other resources expended 151,752 1,684 84,939 Governance Depreciation costs Totals E £ Other resources expended 10,894 21,832 271,101 7. OVERHEAD COSTS 2024 2023 E Bad debt - Support costs 271,101 273,495 271,101 277,656 8. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 2024 2023 E Depreciation - owned assets . 10,894 12,645 9. INDEPENDENT EXAMINERS’ REMUNERATION Year ended Year ended 30.09.24 30.09.23 £ E Independent examiners’ remuneration Accounts preparation 1,920 Independent examination of the accounts 2,740 4,660 10. TRUSTEES" REMUNERATION AND BENEFITS There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023. Trustees' expenses There were no_ trustees’ expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023.

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

11. STAFF COSTS

		2024	2023
		£	£
Wages	andsalaries	227,923	212,914
Social	security costs	7,393	6,048
Other	pension costs	3,047	2,935
		238,363	221,897

The average monthly number of employees during the year wasas follows:

General

2024	2023
18	18

No employees received emoluments in excess of £60,000.

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES PERIOD TO 30.09.2023

COMPARATIVES FOR THE STATEMENTOF FI 30.09.2023	NANCIAL ACTIVITIES	PERIOD TO
	Unrestricted	Restricted	Total
	funds	funds	funds
	E	E	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	98,821	44,372	143,193
Day centre income	186,315	-	186,315
Investment income	25,574	-	25,574
Total	310,710	44,372	355,082
EXPENDITURE ON
Expenditure on generating income	114,313	58,157	172,470
Overhead costs	228,311	49,345	277656
Total	342,624	107,502	450,126
Net gains on investments	5,600	-	5,600
NET INCOME/ (EXPENDITURE) Transfers between funds	(26,314) 7,500	(63,130) (7,500)	(89,444) -
Net movementin funds	(18,814)	(70,630)	(89,444)
RECONCILIATION OF FUNDS
Total funds brought forward	1,169,283	103,300	1,272,583
TOTAL FUNDS CARRIED FORWARD	1,150,469	32,670	1,183,139

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

13. TANGIBLE FIXED ASSETS

				Fixtures
		Long	Plant and	and
		leasehold	machinery	fittings
		£	E	£
COST
At	1 October 2023 and
30	September 2024	220,150	56,712	78,715
DEPRECIATION
At	1 October 2023	59,733	32,708	68,355
Charge for year		3,145	3,601	1,554
At	30 September 2024	62,878	36,309	69,909
NET BOOK VALUE
At	30 September 2024	157,272	20,403	8,806
At	30 September 2023	160,417	24,004	10,360
		Motor	Computer
		vehicles	equipment	Totals
		£	E	E
COST
At	1 October 2023 and
30	September 2024	37,186	5,503	398,266
DEPRECIATION
At	1 October 2023	27,380	4,548	192,724
Charge for year		2,451	143	10,894
At	30 September 2024	29,831	4,691	203,618
NET BOOK VALUE
At	30 September 2024	7,359	812	194,648
At	30 September 2023	9,806	955	205,542

The costs of the jong leasehold relate to Fair Close Day Centre, a 99 year lease was granted on 29

March 1974 by Newbury District Council.

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

14. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
			Cash and
		Listed	settlements
		investments	pending	Totals
		£	E	E
MARKET VALUE
At 1 October 2023		927,017	952	927,969
Additions		186,214	322,461	508,675
Disposals		(295,361)	(315,799)	(611,160)
Unrealised Gain/(Loss)		94,718	-	94,718
Realised Gain/(Loss)		(2,060)	-	(2,060)
At 30 September 2024		910,528	7,614	918,142
NET BOOK VALUE
At 30 September 2024		910,528	7,614	918,142
At 30 September 2023		927,017	952	927,969
	UK	Overseas	2024	2023
	£	£	E	£
Listed investments
Unrestricted funds	248,102	662,426	910,528	927,017
Restricted funds	-	-	-	-
	248,102	662,426	910,528	927,017
Cash
Unrestricted funds	7,614	-	7,614	952
Restricted funds	-	-	-	-
	7,614	-	7,614	952
	255,716	662,426	918,142	927,969

Cost or valuation at 30 September 2024 is represented by:

Cost or v	alu	ation at 30 September 20	24 is represented by:
				Cash and
			Listed	settlements
			investments	pending	Totals
			£	E	E
Valuation	in	2023	149,186	-	149,186
Cost			761,342	7,614	768,956
			910,528	7,614	918,142

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

15. STOCKS

15.	STOCKS
			2024	2023
			£	E
	Kitchen stocks		2,513	2,250
16.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2024	2023
			£	E
	Trade debtors		12,458	9,688
	Other debtors		3,342	-
	Prepayments		1,604	1,162
			17,404	10,850
17.	CREDITORS: AMOUNTS FALLING	DUE WITHIN ONE YEAR
			2024	2023
			E	£
	Trade creditors		10,396	14,783
	Social security and other taxes		4,116	3,114
	Other creditors		614	583
	Accrued expenses		5,783	7,560
			21,909	26,040

MOVEMENT IN FUNDS
		Net	Transfers
	At	movement	between	At
	1.10.23	in funds	funds	30.9.24
	E	£E	£	E
Unrestricted funds
General fund	222,500	(121,979)	123,806	224,327
Sarah Henderson fund	927,969	113,951	(123,778)	918,142
Restricted funds	1,150,469	(8,028)	28	1,142,469
National lottery - 2nd minibus	10,000	-	-	10,000
HSF (West Berkshire) Grant	1,616	4,510	-	6,126
Dementia Cafe Cordinator wages Greenham Trust - Radiator Upgrade	5,141 4,025	132 (4,025)	- -	5,273 -
Greenham Trust - Woodworking Fund	4,500	(4,475)	(25)	-
Greenham Trust - IT upgrade	720	(717)	(3)	-
Greenham Trust - Proposed Dementia
Care Center	6,668	(1)	-	6,667
Berkshire Community Foundation -
Soffits and Guttering	-	2,800	-	2,800
Local Masonic Lodges - Soffits &
Guttering	-	1,750	-	1,750
Greenham Trust - Dementia Hub 1
Tablet	-	3,335	-	3,335
Pargiter Trust via Berkshire
Community Foundation - Dementia
Hub 2 Tablet	-	3,935	-	3,935
	32,670	7,244	(28)	39,886
TOTAL FUNDS	1,183,139	(784)	-	1,182,355

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

18. MOVEMENT IN FUNDS- continued

Net movement in funds, included in the above are as follows:

Net movementin funds, included	in the	above are as fol	lows:
		Incoming	Resources	Gains	and	Movement
		resources	expended	losses		in funds
		E	E	E		E
Unrestricted funds
General fund Sarah Henderson fund		268,869 27,100	(390,848) (5,807)	- 92,658		(121,979) 113,951
Restricted funds		295,969	(396,655)	92,658		(8,028)
HSF (West Berkshire) Grant Dementia Cafe Cordinator wages Greenham Trust - Radiator Upgrade Greenham Trust - Woodworking Fund Greenham Trust - IT upgrade Greenham Trust - Proposed Dementia		27,465 8,806 - - -	(22,955) (8,674) (4,025) (4,475) (717)		- - - - -	4,510 132 (4,025) (4,475) (717)
Care Center Berkshire Community Foundation	-	10,000	(10,001)		-	(1)
Soffits and Guttering Local Masonic Lodges - Soffits &		2,800	-		-	2,800
Guttering		1,750	-		-	1,750
Greenham Trust - Dementia Hub	1
Tablet Pargiter Trust via Berkshire		3,335	-		-	3,335
Community Foundation - Dementia
Hub 2 Tablet Greenham Trust - Fair Close		3,935	~		~	3,935
Dementia Hub - Architect fees		7,900	(7,900)		-	-
		65,991	(58,747)		-	7,244
TOTAL FUNDS		361,960	(455,402)	92,658		(784)

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

18. MOVEMENT IN FUNDS- continued

Comparatives for movementin funds

Comparatives for movementin fund	s
		Net	Transfers
	At	movement	between	At
	1.10.22	in funds	funds	30.9,23
	£	E	£	E
Unrestricted funds
General fund	203,615	(48,454)	67,339	222,500
Sarah Henderson fund	965,668	24,640	(62,339)	927,969
Lady Hind Trust - Kitchen fan	-	(2,500)	2,500	:
Restricted funds	1,169,283	(26,314)	7,500	1,150,469
National lottery - 2nd minibus	10,000	-	-	10,000
Lady Hind Trust - 2nd minibus	2,500	-	(2,500)	-
HSF (West Berkshire) Grant Greenham Trust Boiler replacement	50,000 29,692	(48,384) (29,692)	- -	1,616 -
Wilmington Trust Craft Activities Greenham Trust 2022/3 Grantin	973	(973)	-	-
advance Dementia Cafe Cordinator wages Greenham Trust - Radiator Upgrade	5,000 5,135 -	- 6 4,025	(5,000) - -	- 5,141 4,025
Greenham Trust - Woodworking Fund	-	4,500	-	4,500
Greenham Trust - IT upgrade	-	720	-	720
Greenham Trust - Proposed Dementia
Care Center -	-	6,668	-	6,668
	103,300	(63,130)	(7,500)	32,670
TOTAL FUNDS	1,272,583	(89,444)	-	1,183,139

Comparative net movementin funds, included in the above are as follows:

Comparative net movementin funds, inc	luded in the abo	ve are asfollow	s:
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	E	E	E	£
Unrestricted funds
General fund Sarah Henderson fund Lady Hind Trust - Kitchen fan	285,543 25,167 -	(333,997) (6,127) (2,500)	- 5,600 -	(48,454) 24,640 (2,500)
Restricted funds	310,710	(342,624)	5,600	(26,314)
HSF (West Berkshire) Grant Greenham Trust Boiler replacement Wilmington Trust Craft Activities Dementia Cafe Cordinator wages Greenham Trust - Radiator Upgrade Greenham Trust - Woodworking Fund Greenham Trust - IT upgrade Greenham Trust - Proposed Dementia	- 11,000 - 8,806 7,801 4,500 2,265	(48,384) (40,692) (973) (8,800) (3,776) ~ (1,545)	- - - - - - ~	(48,384) (29,692) (973) 6 4,025 4,500 720
Care Center	10,000	(3,332)	-	6,668
	44,372	(107,502)	-	(63,130)
TOTAL FUNDS	355,082	(450,126)	5,600	(89,444)

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

18. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined position is as follows:

A current year 12 months andprior yea	r 12 months com	bined position	is as follows:
		Net	Transfers
	At	movement	between	At
	1.10.22	in funds	funds	30.9.24
	E	E	£	E
Unrestricted funds
General fund Sarah Henderson fund Lady Hind Trust - Kitchen fan	203,615 965,668 -	(170,433) 138,591 (2,500)	191,145 (186,117) 2,500	224,327 918,142 -
Restricted funds	1,169,283	(34,342)	7,528	1,142,469
National lottery - 2nd minibus Lady Hind Trust - 2nd minibus HSF (West Berkshire) Grant Greenham Trust Boiler replacement Wilmington Trust Craft Activities Greenham Trust 2022/3 Grant in	10,000 2,500 50,000 29,692 973	- - (43,874) (29,692) (973)	- (2,500) - - -	10,000 - 6,126 - -
advance Dementia Cafe Cordinator wages Greenham Trust - Woodworking Fund Greenham Trust - IT upgrade Greenham Trust - Proposed Dementia	5,000 5,135 - -	- 138 25 3	(5,000) - (25) (3)	- 5,273 - -
Care Center Berkshire Community Foundation -	-	6,667	-	6,667
Soffits and Guttering Local Masonic Lodges - Soffits &	-	2,800	-	2,800
Guttering Greenham Trust - Dementia Hub 1	-	1,750	-	1,750
Tablet Pargiter Trust via Berkshire	-	3,335	-	3,335
Community Foundation - Dementia
Hub 2 Tablet	-	3,935	-	3,935
	103,300	(55,886)	(7,528)	39,886
TOTAL FUNDS	1,272,583	(90,228)	-	_—1,182,355

AGE CONCERN NEWBURY AND DISTRICT

NOTES TO THE FINANCIAL STATEMENTS- continued For The Year Ended 30 September 2024

18. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming	Resources	Gains	and	Movement
	resources	expended	losses		in funds
	E	£	£		E
Unrestricted funds
General fund Sarah Henderson fund Lady Hind Trust - Kitchen fan	554,412 52,267 -	(724,845) (11,934) (2,500)	- 98,258 -		(170,433) 138,591 (2,500)
Restricted funds	606,679	(739,279)	98,258		(34,342)
HSF (West Berkshire) Grant Greenham Trust Boiler replacement Wilmington Trust Craft Activities Dementia Cafe Cordinator wages Greenham Trust - Radiator Upgrade Greenham Trust - Woodworking Fund Greenham Trust - IT upgrade Greenham Trust - Proposed Dementia	27,465 11,000 - 17,612 7,801 4,500 2,265	(71,339) (40,692) (973) (17,474) (7,801) (4,475) (2,262)			- - - - - - -
Care Center Berkshire Community Foundation-	20,000	(13,333)		-	6,667
Soffits and Guttering Local Masonic Lodges ~ Soffits &	2,800	-		-	2,800
Guttering Greenham Trust - Dementia Hub 1	1,750	-		-	1,750
Tablet Pargiter Trust via Berkshire	3,335	-		-	3,335
Community Foundation - Dementia
Hub 2 Tablet Greenham Trust - Fair Close	3,935	-		-	3,935
Dementia Hub - Architect fees	7,900	(7,900)		-	-
	110,363	(166,249)		-	(55,886)
TOTAL FUNDS	717,042	(905,528)	98,258		(90,228)

19. RELATED PARTY DISCLOSURES

During the year, a donation of £5,000 (2023: £17,250) was received from the Wilmington Trust towards the work of Age Concern Newburyand District. Joanna Reedis a trustee of the charity and is a trustee of the Wilmington Trust.