OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Charity number: 210380

AGE CONCERN WARE (A Company Limited by Guarantee)

Trustees’ Report and Unaudited Financial Statements

For The Year Ended 31 March 2025

Mansell & Co Chartered Certified Accountants 5 Ducketts Wharf South Street Bishops’ Stortford Hertfordshire CM23 3AR

AGE CONCERN WARE

(A Company Limited by Guarantee)

Contents
Page
Reference and Administration Information 1
Trustees’ Annual Report 2-3
Independent Examiners Report 4
Statement of Financial Activities 5-6
Balance Sheet 7
Notes to the Unaudited Financial Statements 8-10

AGE CONCERN WARE (A Company Limited by Guarantee)

Reference and Administration Information

Trustees Harry Evans Val Hutcheon Kathy Sanders Micheal Standley

Company secretary Val Hutcheon

Chief executive officer Val Hutcheon

Chairman Cliff Baylis

Treasurer Cliff Baylis

Charity registration number 210380

Registered office

The Age Concern Centre Priory Street Ware Hertfordshire SG12 0DE United Kingdom

Website https://theriversidehallware.co.uk/

Bankers

Barclays Bank Plc 1 Churchill Place London E14 5HP

Independent examiner

Wilton Lyndon Ltd T/A Mansell & Co. Chartered Certified Accountants 5 Ducketts Wharf South Street Bishop’s Stortford Hertfordshire CM23 3AR

Page 1

AGE CONCERN WARE (A Company Limited by Guarantee)

Trustees’ Annual Report for the Year Ended 31 March 2025

AGE CONCERN WARE – REPORT TO THE TRUSTEES

The Trustees present their Report and Financial Statements of the Charity for the year ended 31st March 2025. Under its revised constitution dated 15th July 2004 and approved by the Charity Commission, the object of the Charity is to promote the relief of elderly people in and around the administrative area of Ware Town Council, in any manner which now is or hereafter may be deemed by law to be charitable, and which the Trustees may consider appropriate to the needs of the said elderly and within the capacity of the Association to provide. This is currently effected by the provision of the Centre in Priory Street, Ware at which a variety of activities is enjoyed by the older generation of the area. This site is held on a 99-year lease from the East Herts District Council, which expires on 31st December 2072 and for which a peppercorn rent is paid. The Charity is in receipt of Charity Relief in respect of Council Tax.

Under its Constitution membership of the Association, Age Concern Ware shall be accorded to such statutory bodies and voluntary organisations as may now or hereafter be invited by the Association to co-operate through such membership. In addition, persons having a special interest in the Charity may be co-opted as individual members. The Annual General Meeting, in July each year, appoints the overall membership up to 14 persons plus the Chairman, Vice Chairman and honorary officers to the Executive Committee (The Trustees) which undertakes the general control and management of the Charity. The committee meets regularly throughout the year. The Trustees remain conscious of the help and interest provided by many people and organisations within the Town and express their thanks to all concerned.

People using the Centre organise themselves into Clubs, - Art, Dance, Keep Fit and Whist – with a total membership of around 250. The clubs are self-financing, and between them donated around £10,000 to the General fund during the year under review. Various clubs arrange for day trips and there are weekly lunches on a Tuesday at the Centre. ‘Churches Together of Ware’ use the Centre for a Christmas Day dinner for those otherwise alone at this time of year. Outside of the time allotted to our own clubs, the Centre continues to provide a meeting place for local groups and is usually available for weekend lettings.

No Capital expenditure was carried out during the financial year.

In addition to other donations during the year, we received the sum of c. £8,617 from Marjerie Mablethorpe. We are very grateful for this and the many other donations received. Our main source of income continues to be letting of the Centre.

Reserves Policy – All funds generated by Age Concern Ware are applied directly to furtherance of its objectives. We aim to break even on an annual basis and we keep a high level of reserves, which also provide much needed annual investment income. We continue to use any surpluses (plus grants if applicable) on repairs and/or improvements to the buildings as necessary. The bulk of the reserves are invested in UK Government Stocks and advice on these is obtained from time to time. The surplus on the Club funds is held at the disposal of the Club Committees.

RESPONSIBITLIES OF THE TRUSTEES

Charity law requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the Charity’s transactions and of the disposition of the Charity’s assets and liabilities at the year end. The Trustees are required to (i) select suitable accounting policies and apply them consistently, (ii) make judgements and estimates that are reasonable and prudent, (iii) state whether the financial statements have been prepared in accordance with parts 2 and 3 of Statement of Recommended Practice No.2 subject to any material departures disclosed and explained in the financial statements, (iv) prepare the accounts on a going concern basis, unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping proper accounting records to enable them to prepare financial statements that comply with the Charities Act 1993. 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. The following accounts comply with current statutory requirements and with the requirements of the Charity’s governing document.

Page 2

AGE CONCERN WARE

(A Company Limited by Guarantee)

INDEPENDENT EXAMINER

A resolution was proposed by the Trustees to appoint an Independent Examiner to the Trust for the ensuing year. Therefore we have now appointed Chartered Certified Accountants, Mansell & Co, of South Street, Bishop’s Stortford to produce our Annual Accounts and financial statements.

Signed on behalf of the Trustees of AGE CONCERN WARE (Charity Registration No. 210380) on 22 January 2026.

CHAIRMAN............................................................. Mr C. Baylis HON. SECRETARY................................................ Mrs V. Hutcheon HON. TREASURER............................................... Mr C. Baylis

Page 3

AGE CONCERN WARE

(A Company Limited by Guarantee)

Independent Examiner’s Report for the Year Ended 31 March 2025

Independent examiner’s report to the trustees of Age Concern Ware

I report to the trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of Age Concern Ware (‘the charitable company’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’) and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 financial statements to be reached.

Darren White FCCA MAAT Mansell & Co Chartered Certified Accountants 5 Ducketts Wharf South Street Bishop's Stortford Hertfordshire CM23 3AR

Date: 22 January 2026

Page 4

AGE CONCERN WARE

(A Company Limited by Guarantee)

Statement of Financial Activities (including Income & Expenditure Account) for the Year Ended 31 March 2025

Income from:
Donations Received
Fund Raising Activities General
Fund Raising Activities Clubs
Investment Income Government Securities
Other Income
Rent Income Regular
Rent Income Casual
Bank Interest Received
Total income
Cost of sales:
Miscellaneous Purchases
Fund Raising Expenses
Social Activities Club
Gross profit
Expenses: (analysed below)
Employment costs
Establishment costs
General administrative expenses
Finance charges
Depreciation charges
Total expenditure
Net income / (expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Notes
4		 31.03.25
31.03.24
Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
£
£
£
£
16,692
-
16,692
1,279
6,659
-
6,659
876
10,336
-
10,336
10,236
3,642
-
3,642
13,642
345
-
345
15
14,544
-
14,544
20,818
5,940
-
5,940
2,872
88
-
88
92
58,246
-
58,246
49,830
(347)
-
(347)
(471)
-
-
-
(7,186)
-
-
-
(433)
(347)
-
(347)
(8,090)
57,899
-
57,899
41,740
(1,500)
-
(1,500)
(1,876)
(55,178)
-
(55,178)
(45,321)
(3,325)
-
(3,325)
(2,078)
-
-
-
(50)
(2,479)
-
(2,479)
(3,378)
(62,482)
-
(62,482)
(52,703)
(4,583)
-
(4,583)
(10,963)
(5,309)
-
(5,309)
(16,338)
(9,892)
-
(9,892)
(27,301)
153,388
-
153,388
180,689
143,496
-
143,496
153,388

The above results were derived from continuing operations.

The charity has no recognised gains or losses for the year other than the results above.

Page 5

AGE CONCERN WARE

(A Company Limited by Guarantee)

Statement of Financial Activities (including Income & Expenditure Account) for the Year Ended 31 March 2025

Employment costs:
Wages – Regular
Establishment costs:
Water Rates
Premises Insurance
Gas
Electricity
Repairs and Renewals
Cleaning
Waste Collection
Premises Expenses
Window Cleaning
Toilet Supplies
General administrative expenses:
YELL Webpage
Travelling
Postage and Carriage
Telephone
Office Broadband
Office Stationery
Sage Support
Licences
Accountancy Fees
Gratuities
Consultancy Fees
Finance charges:
Bank Charges
Unpaid Cheques Returned
Depreciation charges:
Depreciation of property
Depreciation of outbuildings and grounds
Depreciation of furniture and equipment
Depreciation of plant and equipment
Interest payable:
Other interest payable		 31.03.25
31.03.24
Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
£
£
£
£
1,500
-
1,500
1,876
1,500
-
1,500
1,876
1,758
-
1,758
1,283
4,262
-
4,262
4,114
5,980
-
5,980
6,500
9,430
-
9,430
12,587
19,666
-
19,666
6,387
5,200
-
5,200
4,700
2,530
-
2,530
2,340
5,508
-
5,508
6,500
-
-
-
-
844
-
844
910
55,178
-
55,178
45,321
-
-
-
-
-
-
-
-
-
-
-
25
881
-
881
686
411
-
411
443
-
-
-
66
174
-
174
319
180
-
180
180
1,440
-
1,440
-
-
-
-
-
239
-
239
359
3,325
-
3,325
2,078
-
-
-
-
-
-
-
50
-
-
-
50
464
-
464
464
-
-
-
-
2,015
-
2,015
2,015
-
-
-
899
2,479
-
2,479
3,378
-
-
-
-

Page 6

AGE CONCERN WARE

(A Company Limited by Guarantee)

Balance Sheet as at 31 March 2025

Fixed assets
Tangible assets
Current assets
Stocks and Shares
Cash at bank and in hand
Debtors
Creditors:Amounts falling due within one year
Net current assets
Net assets
Charity funds
Unrestricted funds
Restricted funds
Losses for the period
Total funds		 Notes
3
4
5		 2025
£
£
35,472
88,253
15,532
-
103,785
-
103,785
139,257
138,675
5,165
(4,583)
139,257		 2025
£
£
35,472
88,253
15,532
-
103,785
-
103,785
139,257
138,675
5,165
(4,583)
139,257		 2024
£
£
37,951
93,561
21,876
-
115,437
-
115,437
153,388
154,947
9,404
(10,963)
153,388		 2024
£
£
37,951
93,561
21,876
-
115,437
-
115,437
153,388
154,947
9,404
(10,963)
153,388
103,785
-		 115,437
-
139,257 153,388
138,675
5,165
(4,583)		 154,947
9,404
(10,963)
139,257 153,388

For the financial year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Trustees’ responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to charitable companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board of Trustees on 22 January 2026 and signed on its behalf by:

Cliff Baylis – Chair

Page 7

AGE CONCERN WARE

(A Company Limited by Guarantee)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1. Accounting policies

Summary of significant accounting policies and key accounting estimates

The principle accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The charity is a public benefit entity and these financial statements have been prepared in accordance with the Charities SORP (FRS 102) – ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following ‘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) (Second Edition)’ rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Basis of preparation

The financial statements have been prepared using the historic cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The following policies are applied to particular categories of income:

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

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 costs 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.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Tax

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

Page 8

AGE CONCERN WARE

(A Company Limited by Guarantee)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Building Outbuildings and Grounds Furniture, Fittings and Equipment

Depreciation method and rate Reducing balance over 99 years (51 remaining) Reducing balance over 10 years Reducing balance from 5 to 10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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 purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

2. Trustees’s remuneration and benefits

There were no Trustees’ remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees’ expenses

There were no Trustees’ expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Page 9

AGE CONCERN WARE

(A Company Limited by Guarantee)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3. Tangible fixed assets
Property /
Outbuildings
Furniture and
Plant and

Building

and Grounds
Equipment
Equipment
£
£

£

£
Cost
As at 1 April 2024 45,877
20,405
20,152
8,994
Additions -
-
-
-
As at 31 March 2025 45,877
20,405
20,152
8,994
Depreciation
As at 1 April 2024 21,780
20,405
6,298
8,994
Charge for the year 464
-
2,015
-
As at 31 March 2025 22,244
20,405
8,313
8,994
Net book value
As at 31 March 2025 23,633
 -
11,839
-
As at 31 March 2024 24,097
 -
13,854
-
4.
Stocks and Shares
2025
2024
£
£
Walker Crips - Fixed Interest Gilts (4.25%) 46,588
47,007
Walker Crips - Cash Portfolio 5,034
5,098
Treasury Stocks (4.75%) C410783 16,279
18,423
Treasury Stocks (4.75%) C436625 20,352
23,033
Treasury Stocks (5 %) -
-
88,253
93,561
5.
Movement in funds
Balance at
Net
movement
Transfers
between
Balance at
01.04.24
in funds
funds
31.03.25
£
£
£
£
Unrestricted funds
Unrestricted funds b/fwd 131,513
(5,309)
2,105
128,309
General Fund 12,471
-
(2,105)
10,366
143,984
(5,309)
-
138
Restricted funds
Art Club 4,428
(2,129)
-
2,299
Dance Club 3,446
(1,444)
-
2,002
KeepFit 1,530
(666)
-
864
9,404
(4,239)
-
5,165
Less losses for theperiod -
(4,583)
-
(4,583)
Total funds 153,388
(14,131)
-
139,257
5.
Movement in funds
Net Transfers
Balance at movement between Balance at
01.04.24 in funds funds 31.03.25
£ £ £ £
Unrestricted funds
Unrestricted funds b/fwd 131,513 (5,309) 2,105 128,309
General Fund 12,471 - (2,105) 10,366
143,984 (5,309) - 138
Restricted funds
Art Club 4,428 (2,129) - 2,299
Dance Club 3,446 (1,444) - 2,002
KeepFit 1,530 (666) - 864
9,404 (4,239) - 5,165
Less losses for theperiod - (4,583) - (4,583)
Total funds 153,388 (14,131) - 139,257

Page 10