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2024-03-31-accounts

REGISTERED CHARITY NUMBER: 1191030

REPORT OF THE TRUSTEES AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

LEEDS OLDER PEOPLE'S FORUM

Thomas Coombs Limited Statutory Auditor Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB

LEEDS OLDER PEOPLE'S FORUM

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 7
Report of the Independent Auditors 7 to 10
Consolidated Statement of Financial Activities 11
Balance Sheet – Consolidated & Charity 12
Consolidated Cash Flow Statement 13
Notes to the Cash Flow Statement 14
Notes to the Financial Statements 15 To 26
Detailed Statement of Financial Activities 27

LEEDS OLDER PEOPLE'S FORUM

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST MARCH 2024

TRUSTEES W K Rollinson
C Lawrence
J Welham
R J Harington
Dr D S Smith
S J Phillips
Dr S K Rait
J P O'Dwyer
C J Mahoney
P M Gradys
I Anderson
K J Badon
C S McNamara
PRINCIPAL ADDRESS 24C Josephs Well
Hanover Walk
Leeds
LS3 1AB
REGISTERED CHARITY NUMBER 1191030
AUDITORS Thomas Coombs Limited
Statutory Auditor
Chartered Accountants
3365 The Pentagon
Century Way
Thorpe Park
Leeds
West Yorkshire
LS15 8ZB

Page 1

LEEDS OLDER PEOPLE'S FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

The trustees present their report with the financial statements of the charity for the year ended 31st March 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 Objectives and aims

The objects of the CIO are:

In accordance with their duties pursuant to Section 4 of the Charities Act 2011, the Trustees have considered the Charity’s objects and activities in light of the Charity Commission’s general guidance on public benefit “Charities and Public Benefit”.

Friendly Communities

Leeds Older People's Forum (LOPF) are one of the partners of Age Friendly Leeds with Leeds City Council. Each partner has developed clear roles. The LOPF role has been developed based on our strong community connections, our ability to engage with and capture the voices of older people of Leeds and our relationship with community organisations.

This work was funded by Leeds City Council and Zurich Foundation.

Through our Friendly Communities Project we have delivered:

An Age Friendly Steering Group - This group meets on a monthly basis and consists of approximately 15 older people who are consulted on age friendly matters and who help to shape services for older people and help ensure the public realm is age friendly. The group have consulted on the redesign of the Leeds Train Station. The group have also:

Age Friendly Ambassadors - we have over 300 Ambassadors signed up to the scheme. People may do something ‘age friendly’ within their local community or their workplace

Age and Dementia Friendly Businesses : The Friendly Communities have created a resource pack for local businesses and organisations to become age and dementia friendly. There are 180 businesses signed up to this scheme, including Leeds Libraries; GP practices and Anchor Housing who have a number of retirement homes in Leeds and each of those will sign up independently.

Page 2

LEEDS OLDER PEOPLE'S FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

Dementia Friendly Leeds - this is a campaign to raise awareness of dementia and make services more accessible. The aim is to ensure people who are living with dementia - along with their carers - remain an active part of the city and keep doing the things they enjoy. Our Friendly Communities team have created a listing of social opportunities for people living with dementia that is available on-line and kept up to date. We also share facilitation of the DEEP Group (Dementia Engagement and Empowerments Project) network. The group are creating a fantastic mural at Headingley Stadium with support from the Zurich Foundation.

Third Sector Support and Development

Leeds Older People's Forum is the infrastructure organisation in Leeds for third sector organisations and community groups working with older people. We aim to support these groups in a number of ways - through peer learning and good practice mentoring; development and support opportunities and grant making:

Good Practice Mentor and Peer Learning:

Development and support opportunities:

Between Nov 2023 - Feb 2024:

Page 3

LEEDS OLDER PEOPLE'S FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

In its second year the Enhance programme saw these 13 third sector delivery partners work with 13 Leeds Community Healthcare Neighbourhood Teams work together to reach 922 people bringing the total number of people supported across both years to 1,494.

An independent evaluation by Gemma Howorth of the Leeds Health and CAre Evaluation Services addresses two key areas concerning the Enhance programme: Service User Demographics and Supporting the Wider Health and Care System in Leeds. Key points are:

Extracts from the evaluation:

Men's Health Unlocked

Through our work on Men's Health Unlocked we aim to be a voice for men and boys; bring representation to the sector in the new commissioning landscape at sub-regional and local levels and develop, share and champion good practice, and raise awareness of men's health. In this year MHU has:

Funding was awarded from the National Lottery for two and a half years from March 2023 to October 2024 with a total value of £499,868.50. The project remains a partnership of four organisations with LOPF as lead partner with Barca, Touchstone and Orion.

Page 4

LEEDS OLDER PEOPLE'S FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

Grant making:

LOPF supported the third sector and older people by having a number of grant programmes as follows:

Membership

LOPF has 99 members, all of whom have been written to in the last 12 months to refresh their details. In the last 12 months we have secured 12 new members. All our members are invited quarterly to the Age Friendly Partnership, which we manage in collaboration with the City Council’s Public Health team. They are also invited to the quarterly Third Sector Health and Care Leaders Network which LOPF organises in collaboration with Volition as part of our Forum Central partnership. The Network keeps members updated on the developments in the Health and Care system.

LOPF surveys its members on a quarterly basis to understand the issue they are seeing amongst the older people they work with. The results of the survey are taken into meetings with senior leaders, and also form the theme of the older people’s Equality Hub. The main issues highlighted were: cost of living; transport; digital inclusion and mental health.

Equalities Hub for Older People: Tackling Ageism in Leeds

Leeds Older People’s Forum (LOPF) has hosted four meetings for older people to meet with City leaders on topics that are important to older people. These topics were identified by LOPF’s Trending Elders survey - where we ask our member organisations what the issues the older people they are working with are facing.

Conversations were lively particularly when it comes to transport and how our older residents can travel around our great City. We were delighted to welcome FirstBus and talk about bus routes and reliability. The City's Taxi Licensing team listened intently to the important role taxis play in people's lives and we're looking forward to their work on the City's Vehicle Conditions Review.

We also identified the lack of knowledge amongst older people about the BT Digital Voice Switchover at our hub on Digital Inclusion. As a result we've worked with BT and 100% Digital to spread the word.

Campaigning

Page 5

LEEDS OLDER PEOPLE'S FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

Shine

Shine magazine was created to allow us to gather and share the stories of older people and to create a tool that reduced loneliness and social isolation at a time when people were more at risk than ever of loneliness - lockdown.

As lockdown was lifted though, it was clear that the readers of the magazine wanted it to continue. A group of older volunteer writers have been supported by Tom Bailey, the magazine editor, and the group have done a fabulous job of gathering the stories of Leeds older people and bringing them alive in print.

The magazine has ended, however LOPF have successfully secured Heritage Lottery funding for the People’s History of Leeds. This will be led on a freelance basis by Tom Bailey as a legacy from Shine Magazine. There will be a team of volunteer writers who will become Citizen Journalists and they will collect and record older people’s stories on a themed basis such as the Jewish community, South Asian community, ageing and health, Irish heritage etc. There will be a series of pop up exhibitions and this will culminate in two publications that will be distributed across a range of partners in the city.

Financial Review

The net surplus for the year was £142,475, including a net surplus of £58,898 on unrestricted funds and £83,577 on restricted funds. The charity’s consolidated total funds amounted to £710,408 (2023: £567,933) at 31st March 2024.

Investment policy

The Trustees have considered the most appropriate policy for the investment of funds and have decided that any funds that are held for immediate cash flow needs are held in cash or short term deposits. Any remaining funds can be held as a medium term investment.

Reserves policy

The charity takes a risk based approach in setting the level of reserves. A minimum level (lower band) and maximum level (upper band) of reserves is set and reserves are maintained between the lower and upper band limits. This ensures that the charity holds enough reserves for an orderly winding up if faced with unexpected closure, whilst also ensuring the charity does not maintain unnecessary high surplus reserves.

The lower band level is set with reference to funds needed in order to conduct an orderly winding up of the Charity in the face of unexpected closure. This has been set at 6 months of operating costs plus redundancy and other known committed expenditure and equates to £82,491.

The upper level includes an allowance for any additional or designated items - specifically £65,000 contingency for unexpected cash flow considerations and £56,000 allocated for 1 year to maintain Leeds Older People’s Forum activities running if replacement funding is needed. The upper band level has therefore been set at £228,491.

Actual free reserves are £223,835, which is below the upper limit, and accordingly no specific action with regard to reserve levels is currently planned.

STRUCTURE, GOVERNANCE AND MANAGEMENT

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 January 2015).

Leeds Older People's Forum (LOPF) is a Charitable Incorporated Organisation (CIO) (number 1191030). Its governing document is an Association Constitution.

The charity trustees shall manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO. There must be at least six charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee. The maximum number of charity trustees is 20. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum. A minimum of 75% of the charity trustees must be older people. For the purpose of this Constitution, an older person is defined as a person aged 60 years of age and over.

Page 6

LEEDS OLDER PEOPLE'S FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT continued

At every annual general meeting of the members of the CIO, one-third of the charity trustees shall retire from office. If the number of charity trustees is not three or a multiple of three, then the number nearest to one-third shall retire from office. The charity trustees to retire by rotation shall be those who have been longest in office since their last appointment or reappointment. If any trustees were last appointed or reappointed on the same day those to retire shall (unless they otherwise agree among themselves) be determined by lot. At the first meeting of the trustees following the AGM the charity trustees shall elect a Chair, two Vice Chairs and a Treasurer from amongst their number.

LOPF's Board of Trustees meets on a bi-monthly basis, with additional monthly meetings of the LOPF Officers of the board.

The charity’s finance sub committee convenes annually as the remuneration committee in order to review salary bandings and scale points of all employees (including key management personnel). The charity’s pay scales align with the pay scales of the National Joint Council for Local Government Services, and any salary increases are in line with those negotiated by the National Joint Council for Local Government Services. The remuneration committee also undertakes benchmarking comparisons using an external benchmarking company with local government experience, to review all job roles against job descriptions and compare with similar roles across the 3[rd] sector to ensure pay is fair and reflective of the duties carried out by employees.

The board of trustees together with the CEO and senior management team are considered to be the key management personnel of the Charity.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 11[th] September 2024 and signed on its behalf by:

J P O’Dwyer - Trustee

Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LEEDS OLDER PEOPLE'S FORUM

Opinion

We have audited the financial statements of Leeds Older People's Forum and its subsidiaries (the “group”) for the year ended 31st March 2024 which comprise the Group Statement of Financial Activities, the Group and Charitable Company Balance Sheet, the Group Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s or parent charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LEEDS OLDER PEOPLE'S FORUM

Our responsibilities for the audit of the financial statements

We have been appointed as auditor under section 151 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, was as follows:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed audit procedures which included, but were not limited to:

At the completion stage of the audit, the engagement partner's review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

There are inherent limitations in the audit procedures described above and the further removed non-compliance of laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement relating to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LEEDS OLDER PEOPLE'S FORUM

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Christopher Darwin FCA (Senior Statutory Auditor) For and on behalf of Thomas Coombs Limited Statutory Auditor Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB

Date: 11[th] September 2024

Page 10

LEEDS OLDER PEOPLE'S FORUM

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024

Notes
INCOME AND ENDOWMENTS
FROM
Donations and legacies
2
Charitable activities
5
Core charitable activities
Grant charitable activities
Other trading activities
3
Commercial trading operations
6
Investment income
4
Total
EXPENDITURE ON
Charitable activities
7
Core charitable activities
Grant charitable activities
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
17
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
350
271,356
-
1,297
800
13,772
287,575
228,677
-
228,677
58,898
(8,240)
50,658
173,177
223,835		 Designated
fund
£
-
-
-
-
-
-
-
-
-
-
-
8,240
8,240
24,009
32,249		 Restricted
funds
£
-
-
2,383,682
-
-
-
2,383,682
-
2,300,105
2,300,105
83,577
-
83,577
370,747
454,324		 2024
Total
funds
£
350
271,356
2,383,682
1,297
800
13,772
2,671,257
228,677
2,300,105
2,528,782
142,475
-
142,475
567,933
710,408		 2023
Total
funds
£
323
262,065
2,012,978
1,028
2,800
-
2,279,194
190,046
1,892,178
2,082,224
196,970
-
196,970
370,963
567,933

Page 11

LEEDS OLDER PEOPLE'S FORUM

CONSOLIDATED BALANCE SHEET 31ST MARCH 2024


Note
FIXED ASSETS
Investments
14
CURRENT ASSETS
Debtors
15
Cash at bank
CREDITORS
Amounts due within one year
16
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds
17
Restricted funds
17

TOTAL FUNDS
17		 Group
2024
£
-
55,310
692,116
_
747,426
(37,018)
_
710,408
_
710,408
_
710,408
_
256,084
454,324
_

710,408
_		 2023
£
-
51,328
571,685
_
623,013
(55,080)
_
567,933
_
567,933
_
567,933
_
197,186
370,747
_

567,933
_
_
 Charity
20242023
£
£
10
10
64,421
60,968
686,134
553,926
_
_
750,555
614,894
(30,918)
(46,971_)
_______
_______
719,637
567,933
_______
_______
719,647
_567,933
_
_
719,647
567,933
_
_
265,323
197,186
454,324
370,747
_
_
719,647
_567,933
_
__

The financial statements were approved by the Board of Trustees and authorised for issue on 11[th] September 2024 and were signed on its behalf by:

J P O’Dwyer - Trustee

Page 12

LEEDS OLDER PEOPLE'S FORUM

CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Interest received
Rent recharges
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
Cash and cash equivalents at the end of the
reporting period		 2024
£
106,659
106,659
13,772
-
13,772
120,431
571,685
692,116		 2023
£
25,657
25,657
-
-
-
25,657
546,028
571,685

Page 13

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2024 2023
£ £
Net income for the reporting period (as per the Statement of Financial Activities) 142,475 196,970
Adjustments for:
Interest received (13,772) -
Rent recharges - -
Decrease/(increase) in debtors (3,982) 30,951
(Decrease)/increase in creditors (18,062) (202,264)
Net cash (used in)/provided by operations 106,659 25,657
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1/4/23 Cash flow At 31/3/24
£ £ £
Net cash
Cash at bank 571,685 120,431 692,116
Total 571,685 120,431 692,116

Page 14

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Consolidation

The consolidated accounts comprise the accounts of the charity and the subsidiary, Shine (Leeds) Limited for the year ended 31[st] March 2024. The accounts have been consolidated on a line-by-line basis. The Trustees have assessed the conditions for consolidating Shine (Leeds) Limited, and have determined that the control conditions for consolidation as set out in the Charities SORP are met. As such, the subsidiary has been included in these financial statements.

Going Concern

The financial statements have been prepared on a going concern basis as the trustees believe no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from the date of approving these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

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.

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

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 aggregate all 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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its useful life, as follows:

Computer equipment - 25% straight line

Taxation

The charity is exempt from 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 fund is included in the notes to the financial statements.

Page 15

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Pensions

The charity operates a defined pension contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

2.

2.
DONATIONS AND LEGACIES
Gifts
3.
OTHER TRADING ACTIVITIES
Fundraising events
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Core
charitable
activities
£
Grants
16,600
Contracts
254,756
271,356
Grants received, included in the above, are as follows:
LCC International Day of Older People
LCC Neighbourhood Network Support
Leeds City Council Dementia Friendly
National Lottery Community Fund - Men's Health
NHS Charities Together
Leeds Community Healthcare / Leeds City Council - Enhance
DCMS – Be Online Stay Safe
National Lottery Community Fund - Good Practice Mentor
LCF Ideas That Change Lives
Carried forward



Core
charitable
activities
£
16,600
254,756
271,356



Grant
making
activities
£
2,383,682
-
2,383,682		 Group
2024
2023
£
£
350
323
Group
2024
2023
£
£
1,297
1,028
Group
2024
2023
£
£
13,772
-
Group
2024
2023
Total
Total
activities
activities
£
£
2,400,282
2,033,282
254,756
241,761
2,655,038
2,275,043
2024
2023
£
£
3,600
3,600
23,276
23,275
85,617
50,600
158,806
170,114
25,000
12,500
898,000
898,000
113,433
89,000
45,209
33,803
-
4,000
1,352,941
1,284,892
2024
£
3,600
23,276
85,617
158,806
25,000
898,000
113,433
45,209
-
1,352,941

Page 16

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

5. INCOME FROM CHARITABLE ACTIVITIES - continued

Brought forward
DfT – Travel Connections
LCC Winter Most at Risk
LCC Household Support Fund
LCC Shine
Blacks Solicitors
Independent Age – Warm & Cosy
LCC – Business Support
Luminate – Leeds City College
University of Leeds
Awards for All
LCC Neighbourhood Network support
Covid Spring Booster campaign
Equalities Hub
Gambling Awareness
Motability
Road Safety Trust
Household Air Quality HAQ
Zurich Community Trust
Black Solicitors
Independent Age
Sugarman Health & Wellbeing
Gordons LLP		 2024
£
1,352,941
-
-
650,000
-
-
20,000
-
-
-
-
30,000
20,000
2,750
5,000
247,220
49,371
10,000
1,900
1,000
250
550
300
2,400,282		 2023
£
1,284,892
457,000
82,000
149,190
24,000
1,000
20,000
1,000
450
3,750
10,000
-
-
-
-
-
-
-
-
-
-
-
-
2,033,282

6. COMMERCIAL TRADING OPERATIONS

The charity has one wholly-owned subsidiary, Shine (Leeds) Limited (Company No. 13788870), which carries on commercial activities that are ancillary to the operation of the charity.

A summary of the trading results of the subsidiary is shown below:

2024 2023
£ £
Turnover 20,800 51,300
Administrative costs (30,039) (40,150)
______ ______
Operating profit (9,239) 11,150
Gift aid obligation and donations to charity - (11,150)
______ ______
Retain in subsidiary (9,239) -
_ _
The turnover is reflected in the consolidated income as £800 trading and £9,000 grant income. Grants of £11,000 were received by
Shine (Leeds) Limited in the year from Leeds Older People’s Forum. These grants are not included in consolidated income for the
year ended 31stMarch 2024.

7. CHARITABLE ACTIVITIES COSTS

Core charitable activities
Grant charitable activities		 Direct
Costs (see
note 8)
£
211,698
459,565
671,263		 Grant
funding of
activities
(see note
9)
£
8,700
1,840,540
1,849,240		 Support
costs (see
note 10)
£
8,279
-
8,279		 Group Totals
£
228,677
2,300,105
2,528,782

Page 17

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

8. DIRECT COSTS OF CHARITABLE ACTIVITIES

Core charitable activities Group
2024
Unrestricted
funds
£
Staff costs
168,321
Rent, rates and utilities
11
Insurance
3,393
Telephone
Equipment and materials
1,536
-
Room hire
2,514
Travel
1,277
Office and admin costs net of reallocations to
grant making activities
(8,432)
Training
4,220
Refreshments
405
Other expenses
2,498
Freelance workers and consultants
16,095
IT Costs
8,180
Direct project delivery costs
22,304
Website
375
Grants to institutions
(11,000)
Auditors’ remuneration – non audit fees
-
211,698
Grant making activitiesGroup
2024
Unrestricted
funds
£
Staff costs
-
Rent, rates and utilities
-
Telephone
Room hire
Travel
-
-
-
Office and admin costs including reallocations
from core activities
-
Training
Refreshments
-
-
Other expenses
-
Freelance workers and consultants
-
IT Costs
-
Direct project delivery costs
-
-
9.
GRANTS PAYABLE
Core charitable activities
Grant charitable activities		 2024
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2024
Restricted
funds
£
348,171
12,384
767
161
2,859
32,578
594
1,000
967
35,150
150
24,784
459,565		 2024

Total

funds
£
168,321
11
3,393
1,536
-
2,514
1,277
(8,432)
4,220
405
2,498
16,095
8,180
22,304
375
(11,000)
-
211,698
2024

Total

funds
£
348,171
12,384
767
161
2,859
32,578
594
1,000
967
35,150
150
24,784
459,565
2024
£
8,700
1,840,540
1,849,240		 2023
Total
Funds
£
138,769
2,906
2,960
1,537
344
1,439
1,122
(1,453)
2,005
115
3,239
26,880
8,538
(2,341)
1,040
(11,000)
1,573
177,673
2023
Total
Funds
£
308,437
15,315
629
1,001
1,651
37,064
1,811
195
1,412
19,238
4,857
113,027
504,637
2023
£
3,550
1,387,541
1,391,091

Page 18

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

9. GRANTS PAYABLE - continued

The total grants paid to institutions during the year was as follows: Group

2024 2023
£ £
Enhance 847,515 870,594
Travel Connections 15,000 187,700
National Lottery Community Fund – Men’s Health 116,088 128,258
LCC Household Support Fund 645,985 117,109
DCMS – Stay Safe Online 30,500 48,500
LCC Harm Minimisation/Independent Age 31,996 28,000
Neighbourhood Networks Covid 19 Response 19,500 5,040
International Day of Older People 3,700 3,550
NHS Charities Together 31,678 2,340
LCC Creative Healthy Ageing 5,000 -
Covid Spring Booster 20,000 -
Gambling Awareness VGC 3,600 -
LCC Winter Most at Risk 72,071 -
Road Safety Trust 6,607 -
1,849,240 1,391,091
Enhance Grants were made to organisations to support older
people coming out of hospital to prevent their
readmission; or to support people with health
problems and avoid hospital admission.
Travel Connections Grants were made to organisations to support older
people to use a variety of transport methods to reduce
isolation and loneliness.
National Lottery Community Fund – Men’s Health Grants were made to organisations to support men in
ways which would improve their health.
LCC Household Support Fund Grants were made to organisations to support people
experiencing hardship, as a result of the cost of living
increases, with food and fuel.
DCMS – Stay Safe Online Grants were made to organisations in Leeds supporting
culturally diverse older people to understand media
literacy and how to maintain their safety on-line.
LCC Harm Minimisation/Independent Age Grants were made to organisations to support older
people experiencing hardship as a result of the cost of
living crisis.
Neighbourhood Networks Covid 19 Response Grants were made to support Neighbourhood
Networks through the Covid 19 crisis.
International Day of Older People The grants made were to run the International Day of
Older People across Leeds through engagement with
Leeds partners.
NHS Charities Together Grants were made to organisations to deliver creative,
artistic sessions for people experiencing health
inequalities.
LCC Creative Healthy Ageing Grants for organisations to deliver creative sessions to
deliver public health messages
Covid Spring Booster Grants were made to promote the Covid Spring Booster
jab to older people.
Gambling Awareness VGC Grants made to organisations to recruit and support
Gambling Awareness volunteers
LCC Winter Most at Risk Grants made to organisations to deliver wellbeing
activities for older people
Road Safety Trust Grant given to an organisation to introduce a mature
driving appraisal, to support older people considering
giving up driving.

Page 19

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

10. SUPPORT COSTS

SUPPORT COSTS
Governance
costs
£
Core charitable activities 8,279
Support costs, included in the above, are as follows:
2024 2023
Core
charitable Total
activities activities
£ £
Auditors' remuneration – audit fee 8,279 8,823

11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023.

Trustees' expenses

Trustee expenses, which are all subject to the charity’s processes of internal controls, do not form part of the remuneration and are not included above. During the period expenses of £383 (2023: £261) were reimbursed to trustees in respect of their duties.

12. STAFF COSTS


Wages and salaries
Social security costs
Other pension costs		 Group
2024
£
454,536
41,872
20,085
516,493		 2023
£
394,818
36,837
15,551
447,206

The charity considers its key management personnel (in addition to the board of trustees) to be the CEO, programme managers and the third sector development manager. The total remuneration (including employer pension contributions) of the key management personnel was £193,652 (2023: £172,706).

The average monthly number of employees during the year was as follows:

Staff
No employees received emoluments in excess of £60,000.		 2024
15		 2023
14

The average full time equivalent for the average number of employees is 11 (2023:11).

Page 20

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

13. COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Core charitable activities
Grant charitable activities
Other trading activities
Commercial trading operations
Investment income
Total
EXPENDITURE ON
Charitable activities
Core charitable activities
Grant charitable activities
Total
NET INCOME
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
323
262,065
-
1,028
2,800
-
266,216
190,046
-
190,046
76,170
(3,772)
72,398
100,779
173,177		 Designated
fund
£
-
-
-
-
-
-
-
-
-
-
-
3,772
3,772
20,237
24,009		 Restricted
funds
£
-
-
2,012,978
-
-
-
2,012,978
-
1,892,178
1,892,178
120,800
-
120,800
249,947
370,747		 Total
funds
£
323
262,065
2,012,978
1,028
2,800
-
2,279,194
190,046
1,892,178
2,082,224
196,970
-
196,970
370,963
567,933

Page 21

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

14. FIXED ASSET INVESTMENTS

Subsidiary undertaking: cost
Shine (Leeds) Limited
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Grants, contracts and other funding due
Amount owed by group undertakings
Prepayments and accrued income
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Creditors for ordinary activities
Taxation and social security
Other creditors including deferred income		 2024
Group
£
-
-
2024
Group
£
53,875
-
1,435
55,310

2024
Group
£
16,855
309
19,854
37,018		 2023
Group
£
-
-
2023
Group
£
48,344
-
2,984
51,328
2023
Group
£
11,990
3,841
39,249
55,080		 2024
2023
Charity
Charity
£
£
10
10
1010
2024
2023
Charity
Charity
£
£
52,975
10,011
1,435
46,844
11,140
2,984
64,42160,968
2024
2023
Charity
Charity
£
£
10,755
309
19,854
11,441
3,841
31,689
30,918
46,971

Page 22

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

17. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
At 1/4/23
£
Unrestricted funds
General fund
173,177
Designated funds - redundancy
24,009
197,186
Restricted funds
LCC/Zurich Community Trust – Friendly
Communities
37,995
LCC Harm Minimisation/ Independent Age
20,550
LCC Neighbourhood Network Covid 19 response
2,683
LCC – Neighbourhood Network Third Sector
Development
4,246
National Lottery Community Fund - Men's
Health
85,965
NHS Charities Together
18,730
Leeds Community Foundation Self Harm
3,151
Leeds Community Healthcare / Leeds City
Council - Enhance
27,406
DCMS - Be Online Stay Safe
24
LCC Household Support Fund
25,674
LCC Winter Most at Risk
82,000
LCF Ideas That Change Lives
711
DfT - Travel Connections
61,612
Gambling Awareness
-
Good Practice Mentor GPM
-
Motability Foundation Trust
-
Road Safety Trust
-
Zurich Foundation - Household Air Quality
-
370,747
TOTAL FUNDS
567,933
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
LCC/Zurich Community Trust – Friendly Communities
LCC Harm Minimisation/ Independent Age
LCC Neighbourhood Network Covid 19 response
LCC - Neighbourhood Network Third Sector Development
National Lottery Community Fund - Men's Health
NHS Charities Together
Leeds Community Foundation Self Harm
Leeds Community Healthcare / Leeds City Council - Enhance
DCMS - Be Online Stay Safe
LCC Household Support Fund
LCC Winter Most at Risk
LCF Ideas That Change Lives		 Net
movement
in funds
£
58,898
-
58,898
577
(20,550)
299
82
2,232
(18,730)
(1,040)
35,485
(24)
(24,544)
(82,000)
(711)
(61,612)
1,300
2,726
247,145
2,171
771
83,577
142,475
Incoming
resources
£
287,575
287,575
85,617
20,000
30,000
23,276
158,806
25,000
-
898,000
113,433
650,000
-
-		 Transfers
between
funds
£
(8,240)
8,240
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Resources
expended
£
(228,677)
(228,677)
(85,040)
(40,550)
(29,701)
(23,194)
(156,574)
(43,730)
(1,040)
(862,515)
(113,457)
(674,544)
(82,000)
(711)		 At
31/3/24
£
223,835
32,249
256,084
38,572
-
2,982
4,328
88,197
-
2,111
62,891
-
1,130
-
-
-
1,300
2,726
247,145
2,171
771
454,324
710,408
Movement
in funds
£
58,898
58,898
577
(20,550)
299
82
2,232
(18,730)
(1,040)
35,485
(24)
(24,544)
(82,000)
(711)

Page 23

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

17. MOVEMENT IN FUNDS - continued

DfT - Travel Connections
-
Covid Spring Booster campaign
20,000
Equalities Hub
2,750
Gambling Awareness
5,000
Good Practice Mentor GPM
45,209
Motability
247,220
Road Safety Trust
49,371
Zurich Foundation Household Air Quality
10,000
2,383,682
TOTAL FUNDS
2,671,257
Comparatives for movement in funds
Net
movement
At 1/4/22
in funds
£
£
Unrestricted funds
General fund
100,779
76,170
Designated funds - redundancy
20,237
-
121,016
76,170
Restricted funds
National Lottery Community Fund – GPM
13,050
(13,050)
CCG/PHM Programme/Dementia Friendly/LCC/
Zurich Community Trust – Friendly Communities
58,110
(20,115)
LCC Harm Minimisation/ Independent Age
28,550
(8,000)
LCC Neighbourhood Network Covid 19 response
35,751
(33,068)
LCC - Neighbourhood Network
1,104
3,142
National Lottery Community Fund - Men's
Health
95,915
(9,950)
Leeds Bereavement fund
910
(910)
NHS Charities Together
12,500
6,230
Leeds Community Foundation Self Harm
4,057
(906)
Leeds Community Healthcare/ Leeds City
-
27,406
Council - Enhance
DCMS – Be Online Stay Safe
-
24
LCC Household Support Fund
-
25,674
LCC Winter Most at Risk
-
82,000
LCF Ideas Thay Change Lives
-
711
DfT- Travel Connections
-
61,612
249,947
120,800
TOTAL FUNDS
370,963
196,970
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
266,216
Restricted funds
National Lottery Community Fund – GPM
33,802		 (61,612)
(20,000)
(2,750)
(3,700)
(42,483)
(75)
(47,200)
(9,229)
(2,300,105)
(2,528,782)
Transfers

between
funds
£
(3,772)
3,772
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Resources
expended
£
(190,046)
(46,852)		 (61,612)
-
-
1,300
2,726
247,145
2,171
771
83,577
142,475
At
31/3/23
£
173,177
24,009
197,186
-
37,995
20,550
2,683
4,246
85,965
-
18,730
3,151
27,406
24
25,674
82,000
711
61,612
370,747
567,933

Movement

in funds
£
76,170
(13,050)

TOTAL FUNDS

Page 24

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

17. MOVEMENT IN FUNDS - continued

CCG/PHM Programme/Dementia Friendly/LCC/ Zurich Community
Trust – Friendly Communities
LCC Harm Minimisation/ Independent Age – Warm & Cosy
LCC Neighbourhood Network Covid 19 Response
Leeds City Council – Neighbourhood Network
National Lottery Community Fund – Men’s Health
Leeds Bereavement Fund
NHS Charities Together
Leeds Community Foundation Self Harm
Leeds Community Healthcare/ Leeds City Council – Enhance
DCMS – Be Online Stay Safe
LCC Household Support Fund
LCC Winter Most at Risk
LCF Ideas That Change Lives
LCC Shine
DfT- Travel Connections
TOTAL FUNDS		 50,600
20,000
-
23,276
169,614
-
12,500
-
898,000
88,996
149,190
82,000
4,000
24,000
457,000
2,012,978
2,279,194		 (70,715)
(28,000)
(33,068)
(20,134)
(179,564)
(910)
(6,270)
(906)
(870,594)
(88,972)
(123,516)
-
(3,289)
(24,000)
(395,388)
(1,892,178)
(2,082,224)		 (20,115)
(8,000)
(33,068)
3,142
(9,950)
(910)
6,230
(906)
27,406
24
25,674
82,000
711
-
61,612
120,800
196,970

CCG/PHM Programme/Dementia A programme focussed on progressing age and dementia friendly practices Friendly/LCC/ Zurich Community Trust – to support improvement in the lives of older people. Friendly Communities LCC Harm Minimisation/ Independent The delivery of a grants programme to develop innovative approaches to Age deliver proactive and responsive actions for older people. LCC Neighbourhood Network Support To provide small grants to Neighbourhood Networks to support work that Covid Response responds to issues in the government's COVID-19 Response: Autumn and Winter Plan 2021.

To support peer learning, skills share and development opportunities for the Neighbourhood Networks within Leeds.

LCC - Neighbourhood Network Third To support peer learning, skills share and development opportunities for the Sector Development Neighbourhood Networks within Leeds. National Lottery Community Fund - To develop a city-wide network that supports men's health in Leeds. The Men's Health project promotes the health needs of men across the city, celebrates activities to encourage wellbeing and tackle issues caused by social isolation and inequality.

To develop and deliver a unique range of creative activities alongside older people to grow their confidence, reduce anxiety, reduce isolation and improve physical conditioning.

NHS Charities Together

Leeds Community Foundation Self Harm

Raising awareness and tackling stigma around self-harm among older people and the people who work with them whilst collectively learning and creating a local knowledge base across a broad range of third sector partners.

Leeds Community Healthcare / Leeds City Council - Enhance

Enhance supports safe and sustainable discharge from hospital and LCH Neighbourhood Teams into a secure home environment. The programme links third sector organisations with Neighbourhood Teams and other agencies to avoid delayed discharges and readmissions for individuals, and to enhance capacity throughout the system.

DCMS - Be Online Stay Safe

To work with organisations supporting older people from culturally diverse backgrounds. Projects will support older people (aged 60+) from diverse communities to develop their media literacy skills and protect themselves from online disinformation.

LCC Household Support Fund To fund organisations to support people struggling with the cost of living by providing access to food and fuel.

LCC Winter Most at Risk To fund organisations to work with older people offering wellbeing activities. LCF Ideas That Change Lives Business development funding for Shine magazine.

Page 25

LEEDS OLDER PEOPLE'S FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024

17. MOVEMENT IN FUNDS – continued

DfT - Travel Connections Travel Connections explores how to improve transport options for older people with the aim of reducing isolation and loneliness. Gambling Awareness To deliver a grants programme supporting organisations to recruit and support Gambling Awareness volunteers Good Practice Mentor Lottery funding to deliver an Ageing Better programme to reduce loneliness and social isolation for older people. Motability Foundation Trust To support organisations work with older people to improve their confidence to use different transport methods; support age and dementia friendly taxi's and influence travel policy and practice in Leeds Road Safety Trust To develop a campaign to encourage older drivers to consider their safety to continue driving Zurich Foundation – Household Air To provide key messages to staff and volunteers working directly with the Quality target population to increase knowledge of risk factors, how to reduce exposure to poor indoor air quality, and how to reduce contributing to air pollution

18. RELATED PARTY DISCLOSURES

There were no related party transactions.

19. TAXATION

The charitable company is exempt from corporation tax on its charitable activities by virtue of section 505 of the income and Corporation Taxes Act 1988.

20. PENSION AND OTHER POST-RETIREMENT BENEFITS

The charity operates a defined contribution pension plan for its employees. The amount recognised as an expense in the period was £20,085 (2023: £15,551)

Page 26

LEEDS OLDER PEOPLE'S FORUM

CONSOLIDATED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024

INCOME AND ENDOWMENTS
Donations and legacies
Gifts
Other trading activities
Recharges
Magazine advertisement
Investment income
Deposit account interest
Charitable activities
Grants
Contracts
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Telephone
Equipment and materials
Room hire
Travel
Office and admin costs
Training
Refreshments
Other expenses
Freelance workers and consultants
IT costs
Direct project delivery costs
Website
Grants to institutions
Auditors’ remuneration – non audit fees
Support costs
Governance costs
Auditors' remuneration
Total resources expended
Net income/(expenditure)		 2024
£
350
1,297
800
13,772
2,400,682
254,756
2,655,038
2,671,257
454,536
41,872
20,085
12,395
3,393
2,303
-
2,675
4,136
24,146
4,814
1,405
3,465
51,245
8,330
47,088
375
1,838,240
-
2,520,503
8,279
2,528,782
142,475		 2023
£
323
1,028
2,800
-
2,033,282
241,761
2,275,043
2,279,194
394,818
36,837
15,551
18,221
2,960
2,166
344
2,439
2,773
35,612
3,816
310
4,651
46,118
13,395
110,686
1,040
1,380,091
1,573
2,073,401
8,823
2,082,224
196,970

Page 27