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2024-03-31-accounts

ANNUAL GENERAL MEETING 14th OCTOBER 2024 3.30 P.M.

  1. Chairman's Opening Remarks

  2. Apologies for Absence

  3. Minutes of the Meeting held on 2nd October 2023

  4. To Receive the Annual Reports from the Clubs as Follows:-

  5. a) Friendship Club

  6. b) Darby & Joan Club

  7. c) Quiz Group

  8. d) Craft Group

  9. To Receive and Adopt the Annual Report by the Centre Manager for 2023

  10. To Receive the Financial Report for the year ending 31[st] April 2023 from the Honorary Treasurer Mrs D Wicker

  11. Vote of thanks by the Mayor to the Manager, Staff, Committee & Volunteers

  12. Election of Officers 2023 - 2024

(1)

MINUTES OF THE ANNUAL GENERAL MEETING HELD ON MONDAY THE 2[nd] OCTOBER 2023

  1. CHAIRMAN'S OPENING REMARKS

Chairman Anthony LLoyd welcomed the Mayor Mr Parwaiz Akhtar to the 76[th] Annual General Meeting of Darwen Old People's Welfare Association.

  1. APOLOGIES FOR ABSENCE

Mrs B Harrison, Mrs D Wicker

PRESENT Blackburn with Darwen Mayor Mr Parwaiz Akhtar

Mr A LLoyd Councillor Mr B Taylor Mrs J A Brindle Councillor Mrs K Fielding Mrs B Millar Mrs P Quinn Mrs J Calvy Mrs M Taylor Mrs G Millington Mrs C Done

(2)

CURRENT EXECUTIVE COMMITTEE

Honorary President

Mayor of Blackburn

Chairman Mr A Lloyd Honorary Treasurer Mrs D Wicker Honorary Solicitor Watson Ramsbottom Partnership Solicitors

Mrs K Fielding Mr B Taylor Mrs B Miller Mrs M Taylor Mrs P Quinn Mrs B Harrison Mrs T Jones Mrs B Halliwell

VOLUNTEERS

Mrs D Wicker Mrs C Walsh Mrs B Robinson Mrs M Taylor Mr M Browne Mrs B Harrison

The above volunteers help on a regular basis, manning the Pop-In, and serving the lunches.

Many other people volunteer from the resident Clubs and outside sources to help at various other events. We are most grateful to everyone who give their time and energies to help us at Fairs, Concerts and many other events.

(3)

CURRENT STAFF

Mrs J Brindle Centre Manager Miss A Williams Cook Mrs C Belluski Assistant cook Mrs S Humphrys Kitchen Assistant Mr S Seaers Caretaker / Cleaner Miss W Pickup Senior Care Assistant Miss K James Care Assistant Miss S Fitton Care Assistant Miss Z Campbell Care Assistant

VOLUNTEERS IN THE DAY CENTRE

  1. MINUTES

The minutes of the A.G.M. 2022 were accepted as a true record. Proposed by Mrs B Miller and accepted by Mrs P Quinn.

  1. MATTERS ARISING

None

  1. ANNUAL REPORTS

The Annual Reports were given from each of the following clubs:-

Friendship Club Mrs P Quinn Darby & Joan Mrs J Millington

  1. CENTRE MANAGER'S REPORT

Read by Mrs J A Brindle

(4)

7. TREASURER'S REPORT (see attached)

Read by Mrs D Wicker.

There was no questions regarding the 2023 Accounts. Mrs J Brindle gave a vote of thanks to Mrs D Wicker for all the hard work and dedication that she puts into the accounts and helping with the running of Derwent Hall, it is very much appreciated.

The report was accepted unanimously.

8. ELECTION OF OFFICERS

Mr Anthony Lloyd will continue the position of Chairman. Proposed by Mrs K Fielding, and accepted by Mrs M Taylor.

MAYORS SPEECH

The Mayor Parwaiz Akhtar opened her speech thanking Derwent Hall Committee and Members for her invitation to our A.G.M. He continued by thanking the Manager, Committee, staff and volunteers for all their good work over the year and wished them all the best for the future.

He also commented that in this day and age volunteers were worth their weight in gold and places like Derwent Hall are very privileged to have such good support from them..

The Mayor then closed the Meeting at 3.50 p.m..

(5)

ANNUAL REPORT BY THE CENTRE MANAGER

Mayor, Councillors, Ladies and Gentlemen. May I begin my report by once again offering our thanks to Blackburn with Darwen Care Trust Plus for our Grant for which we are most grateful.

My personal thanks go to Anthony Lloyd, Dorothy Wicker and all of the Committee for all the help and support that they continue to give me over the year.

Mrs Dorothy Wicker has unfortunatly after over 30 years of service to Derwent Hall had to resign from our committee.

Our thanks and gratitude go to her for all her hard work and dedication. “Thank You ”

Could we also say that without the help of our regular volunteers, manning the Pop In, serving the meals at lunch time, clearing away afterwards we couldn't provide the excellent service we do, and our thanks go to all these people.

Our thanks go to all our staff who continue to work excellently throughout the year providing an excellent service, Angela has once again done a brilliant job this year as cook, along with the assistant cook Christine and kitchen assistant Michelle.

LUNCHEON CLUB

The numbers of meals provided for our members for the period 1[st] October 2022 to the 1[st] October 2023 was 11431 the period 1[st] October 2023 to the 1[st] October 2024 was 12326 as you can see the numbers have started to recover and we are getting a lot more new people in for lunch.

POP IN

The Pop In continues to be successful with many people taking advantage of the service offered. The Pop In and lounge area accommodates many people throughout the week.

CRAFT GROUP

The ladies who attend our craft group each week and make various items to sell with all the proceeds go to Derwent Hall each year have surpass themselves once again. We are extremely grateful to these ladies who come along each week and enjoy meeting with each other to discuss what they are making, and also bring fresh ideas for one another on what to make, it is such a shame that the numbers of people who attend this group have diminished so much over the years.

QUIZ GROUP

This group continue to meet weekly sharing their knowledge, and enjoying each others company.

HOBNOBS

This is a group offers a range of activities which include craft, whist cards, canvas painting, dominoes, and basically anything anyone wishes to do.

HIRERS

We continue to hire the main hall to Slimming world, Sequence dancing, Red Tiger karate, tropical fish group, Palates, Lullababy sensory group and a Church group. We also continue to hire out to the public, Twin valley, and the local council for various events.

HEARING AID BATTERY EXCHANGE.

This service is run in conjunction with the Audiology department of Royal Blackburn, this is a very well used service as it saves people having to get up to the Health centre.

DAY CENTRE REPORT.

This year was the first time that we had to tender for the grant for day care, it was a very challenging time for us as we had never done one before. With a lot of extra hours worked and the help of Mrs Bronwyn Halliwell, we managed to compleat our bid, and after a very tence wait we found out just last week that we had won the bid. This is a massive relief that we can carry on the great work providing our day care service.

The Day Centre is still very successful, As you can appreciate there is always someone on holiday are in respite care, but the staff are always kept very busy.

The staff we employ are excellent with the service users in their care and I would personally like to thank all the dedicated staff for all the care and compassion that they give out to make the Day centre such a warm and friendly unit.

We are only a small unit but offer a more personal friendly atmosphere with plenty of activities going on throughout the day. I am pleased to say that Derwent Hall has built up a very good reputation from people in Darwen who have connections with the Day Centre. We are looking to go to the Pantomime at the Library Theatre for a Christmas show and Dacca for their pensioners Christmas Party which we are invited to every year and the service users love.

DERWENT HALL.

When visitors call and new members arrive for the very first time it is always commented how lovely and clean the premises and grounds are, this is thanks to our caretaker and cleaner Shawn who take great pride in their work I again would like to thank him.

Once again as you will all appreciate it is becoming harder and harder to maintain funds and when you take into consideration all the additional costs that come our way, ie pay increases, the pension scheme that the employer has to contribute towards, ever increasing energy bills, insurance, repairs that continually need attention, I try as much as possible to advertise all that we offer. We all do our absolute best to keep cost down and still provide an excellent service.

Charlty reglstration number 224799 DARWEN OLD PEOPLE'S WELFARE ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Managem&nt Committee Mrs D Mficker Mrs 8 Millar MrA Uoyd (Ghaiman) Mrs M Taylor Mf8 8 Harrison Mrs K Fielding Mrs T Jone5 Mrs P Qulnn Mr S Frisby Mrs C Frisby Mrs L S8Ker Mr T O'Hara Mrs J O'Hara Mrs B Hall￿811 {Appointed 14 March 20241 {Appoinled 14 March 20241 {Appointed 14 March 20241 {Appointed 14 March 20241 {Appointed 14 March 20241 (Appointed 1 July 2024) Charlty number 224799 Prlnclpal address DeN￿nt Hall George Street Damen Lancashire 883 ODQ Indgpondent oxamlner David Wood Imlson BA FCA HiTrJle Jepsi)n & Jennings Ltd 10 Borough Road Darwen Lanca8hire BB3 1PL Bank•rn National Westminster Bank pl 35 lQng William Street Blad(bum Lancashire B817DJ Solicitorg n Ramsbottom Partnership 3>39 Rai￿Vay Road Darwgn B83 2RL

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION CONTENTS Page Management Committee report Indep8ThJent examiners rewrt statement of financial activitses Balance sheet Notes lo the financial ststements 7-15

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION MANAGEMENT COMMirrEE REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Management Commiltee present their annual report antj financial ststements for the year ended 31 March 2024. The accounts have bgen prepared in ￿rdance Y￿th the accounting policies set out in note 1 to Ihg accounts arwj omply v￿th the charity's goveming document. the CharitsesAct 2011 and the Slalement of Recommendwj Practico, Accounting and Reporting by Charities., issued in March 2005. Ob}ecUvo8 and xtlvltles The objects are lo promote the weware of the aged in any manner I￿1¢￿ is now or hereafter may be deemed by law to be charitable wthin the dIStr￿t of OaTh￿n. The follo%wng activiiies are carried out lo support the charit￿5 ofy'ects and lo brfng togèther and create friendshlp and alleviate loneliness. There are various afternoon dubs whith are run every %%¢ek. Namely. the Fr￿ndship Club, Darby & Joan Club. the Hobnobs Club and LullababE$. Athiities also include the following.. kly Raffles Dances- held weekly Craft Classes- held weekly QurL Group - run weekly. DeNent Hall 15 also hired out to vaiious organisations, such as Slimming World. Cancer research. tat48 lop sales Karate dasses, Tropical fish group, pilateg and others. AggirrfJ well health ched(8 are done each year. The Luncheon Club Trs held Monday to Friday at 12 noon at a cost of £4.00 per person. Thè poliues aopl&J in furtheronce of these objects are on going and therè has been no change in these during the year. The Management Commrtt8e have paid du8 regard to guidance i35ued by the Ch8rty Cornmission in deading what aetimts.es the eharity should undertake. Achlavements and perfomiance In 1997, Damen Old People's Wdfare Association successfully applied for a lottery grant and along donation$ received from other sources. opened a Day-care centre to accommodate 15 clients a day. Thls provldes stimu181ion for all cllents. the centre provldes a bathing service, hairdressing, O Irips, crafts, various games, respite for family members and frieThaship towards each other.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION MANAGEMENT COMMirrEE REI¥)RT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnan¢l•l rgvlfjw These accounts havè bèen projuced to show the overall financi81 posf(ion of the association and therefore do not contain Ihe detalled information of every individual fund. Another Important feature of these accounts is thè way that fund8 are divided into the follwng categorie5, according lo the manner in whlch we are allow&J lo spend Ih8m', lil UnrestrKted Funds.. These arg funds which m8y be used freely for 8ny of Ihe aSS￿l￿tiOn'S aGtivitie$. li1} Restricted Funds.. These are funds which may onty be used for speufic purposes according lo Ihe terms on which they wwe first receNed. 11 is the policy of the Charrty that unrestricted lunds which have not been designated for a specific use should bg maintsined at a level equivalent lo befvfftn three and six month's expenditure. The Management Commttee consider that reserves at this level wll ensure that, in the event of a signrficant drop in funding. they wtll be able lo continue the charity's curient actNitie5 while consideration is given to ways in which addli'onal fvnds may be wsed. Thls level of reseNes has been maintslned throughout the year. The Management Ccfflmittee have assessed the major risks to vA)ich the charfty 16 exposed, and are s81isfled that systems are place to mitigate exposure to the major risks. structure. gO￿rnanCe ind management The tharity 1$ a wmpany limrted by guarantee. The Management Committee served during the year 8nd up to the dale of signature of the financial statements were.. Mrs D Wckgr Mis B Millar MrA Lloyd (Chairman) Mrs M Taylor Mr B Taylcf Mrs B Harrlson Mrs K Fielding Mrs T Jones Mrs P Quinn Mr S Frisby Mrs C Frisby Mrs L Salter Mr T O'Hara Mrs J O'Hara Mrs B Halliwell {ReSig￿d 30 April 20241 (Appointed 14 March 2024) (Appointed 14 March 20241 (Appointed 14 March 20241 (Apwinled 14 March 2024) (Appointed 14 March 2024) (Appointed l July 20241 The Management Committee are re$pon$ibk for the recruitment 8nd appointment of appropriate persons as trustses. The charity is fun on a day lo day basis by a manager, Julie Brindl?. and there are also employees who provide support wrth the running of the charity.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION MANAGEMENT COMMirrEE REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Management Committee report was approved by the Board of Management Committee. Mr A Lloyd Ichaimianl Honorary Treasurer 12 Sgptember 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT COMMITTEE OF DARWEN OLD PEOPLE'S WELFARE ASSOCIATION I report to thè Management Committe8 on my examination of tho financi81 statements of Dafftn Old People'8 Welfar8 Association (the chaiity} for tho year ended 31 March 2024. Re¥pon$lbilities and ba818 of report As the Management Committee of the charity you are ￿SpOn￿ble for the preparatlon of the finan¢ta statements In aCcorda￿e with the requirements of the CharitiesAct 2011 Ithe 2011 Acal. l TeFQrt in respect of my examlngtlon of the thanty'5 financial slat8m8nts Ca￿led out under section 145 of the 2011 Act. In carying out my examination I have followed all the applicable Directions given by the Charity Commi8slon uTrJ8r 58thon 145151{bl of the 2011 Act. Independent examlnerf$ statsment Your att8nlion is drawn to the fact that the charity has prepared financial ststements in accordaroe with Attountlng and Rep)rting by Chadlies preparing their accounts In accordance with the Financial Reporting Standard appli￿ in the UK and Republlc of Ireland IFRS 1021 in preference to the Accounting and Reporbng by Chariti05= Statement of Recommended Prath"ce Issued on 1 April 2005 whith is referred to in the extant regulats'ons but has now been wf(hdrawn. l understsnd that this has been ¢J)ne in ¢)rder for finanaal statements to pro￿de a true and fair View in accordance with Generally Accepted Accounting Practice effeGtive for reportirrfJ periods beginning on or aftar l January 2015. I have completed my examination. I confirm that no matters have ¢ome to my attention in connection the 8xamination giving me cause to believe that In any material respec£. accounting records were not kgpt in respect of the charity as requred by section 130 of the 2011 Act.. the financial statements do not acccfd with those records.. or the financial statements do not comply with the applicab￿ requirements conceming the fom and content of accounts set out in the Charities {Accounts and Report81 Regulations 2008 other than any requirement that the accounts give a true and fair view vthich is not a matter consKJered as part of an independent examination. I have Th) concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in ordèr to enable a proFer understanding of the ffinancial ststgment8 to be reached. David Wood Wilson BA FCA Hindle Jepson & Jennlngs Ltd 10 Borough Road D8rwen Lancashire BB31PL Dated: 12 September 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restrlct•d funds funds 2024 2024 Tot•1 Unrestricted Restrlcted funds funds 2023 2023 Total 2024 2023 mef Donations Ch8ritsble Other trading adivities Investments 117,108 75,357 117.108 75.357 120,269 74,628 120,269 74,628 5,493 2,166 5,493 2.166 8,027 8.027 Total incomo 200,124 200,124 202,924 202,924 Charitable activities 218.778 218,778 186.681 186.681 Net lexpondlturgvlncome for thg yoarl Net moverneTht In funds {18.6541 (18,654) 18.243 16,243 Fund balances at 1 Wil 2023 52,260 218,515 270,775 36.017 218.515 254.532 Fund balanGeB at 31 March 2024 33.61 218,515 252,121 52,260 218,515 270,775 Thg Statemert of financial acttvib05 indudes all gains and losses recognised in the year. AJI income and exp8fKliture derive from continuing aGlivities.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Fixed assets Tangble assets 12 175.786 177.692 Current assets Stocks Debtors Cash al bank aThJ In hand 13 14 210 2.370 83.686 180 2,667 94,927 86,266 97,774 Credltors: amounts falllng duo wlthln one year 15 (9,911) 14,691) Net current assets 76,355 93.083 Totsl a88ets less currgnt liabilities 252.121 270,775 Income fund8 Restficted funds Unrestricted fvnds 218.515 33,606 218,515 52,260 252,121 270.775 Thè financial statements were apkyoved by the Management Commrttee on 12 September 2024 MrA Lloyd {Chairnanl Trustee

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢Gountlng policies Charity infOrn￿tItsn Dar*￿n Old People's Welfare AssociatKJn is a registor8d charity rb) 224799. 1.1 Aeeountlng comlentton The accounts have bggn propargd in accordance with the charitys goveming doc￿ment as the constllut6on adopted 1947 as amended 7 January 1992. 3 July 1995 and 13 February 2007, the Charities Act 2011 and 'A¢￿Unting and Reporting by Charities.. Slatement of Recommended Practice applicalje to charib.es eparing their accounts in acccidance with the Finanaal Reportlro Standard appliCa￿e in th? UK and Republic of Ireland IFRS 102}" {as amended for a￿oUnting periods commencing from 1 January 2016}. The charity is a Public Bengfit Entity as defined by FRS 102. The charity has tsken advantsge of the provisions in the SORP for charities applying FRS 102 UpdaÈ Bullelin 1 not to prepare a Stalemenl of Cash Flows. The financial slalements hw departed from the Charrties {Acel￿nts and Rek￿ts) Regulations 2008 only to the extent required to provide a true and falr vlew. This departure has involved following ts Stalement of Recommended Piactice for ch8ritie$ applying FRS 102 rather 1han the version of the Statement of Recommended Practice %knbch 15 referred lo in the Regulations but which has since b8en withdrawn. The financial slalemenls are prepared in sterfing. vthich 15 the functional currency of the charity. Monetsry amounts in these financi81 statements are rounded lo the neare51 £. The financial ststèm8nts have been prepared under the historical ￿$t wnvention, Imodiffied to include the revaluation of freehold properties and to include investsnenl properties and certain financial inslnjnenls at fair valuel. The prinrApal aecounbng poliues adopted are sel (Krt below. 1.2 Golng concern At the time of appioving the finanaal statements, the Management Committee have • re8sonaUe eypeclalK that the charity has adequate resour¢e$ to continu8 in operational exlslenc8 for the foreseeable frjknre. Thus the Management Committae continue to athpt the going concern basi$ of accounting in prepariThJ the finanaal statements. 1.3 Charltablfj fund$ Unrestricted funds a￿ available for use at the discretion of the Management Committee in frjrtherW￿e of tsir charitsble obj'ectkves. Restricted funds are subject to speethc eonditions by donors as to how they may be used. The purwses and uses of the restricted fvnds are set out in thè notes to the finanual statements. Endowment funds are subject to spe￿fiC ¢(￿dI￿on6 by do￿rS that tho ￿pital must be maintsined by Ihe charity. 1.4 Incomg InGome 18 recognl8ed ￿en the charity is legally entilled lo it after any performance conditions have been mel, the amounts can be measured rellably, and It Is probable that income wll k received. Cash donations are rewgnised on receipt. Other donalb?ns arg r￿gnised cfice the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax reCOvera￿e in relatic￿ lo donations rèceived under GSftAid or deeds of covenant is recognised at the time of the donation. Legacies are ree4)gnised on receipt or otherwse rf the charity has been notified of an impending distribution. the amount 19 known, and receipt is expected. If the amount Is not known, the legacy is treated as a contingent asset

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcleg {Contlnued) 1.6 Expend5ture Expenditure 1$ recogni$ed once Ih8re is a legal or construL*ve Obligati￿ to transfer economic benefft to Ihird paty, it is probable that a transfer ol economic benefits will be required in 8ettlemenl. and the amount of the obligation can be measureé reliabty. Expenditure is classified by acllvty, The costs of eath activty ar8 made up of the total of dIr￿t costs and shared costs, including sUPPOrt Wsts invofved in undgrtaking ead) actlvlty. Direct costs attribLrtable to a Single activity are allocated directly to that activrty. Shared cosls which contribLrte lo more than one activity and support costs which are not attdbutable to a single activity are apportioned befvfftn those aclivilws on a basis CL)nsislenl with the use of resources. Cgntral staff costs are allocated on the basis of limfr $p8nt, and depr8Laation charges are all¢)caled on the portion of the asset's Use. All expondilure is a￿oUnted for on an aceruals basis and applied under the appropriate heading. Liaknlrtie8 are recognised as resources expended as Soon 8s the obligation and commttment by tha Charity lo the expendf(ure arise5. 1.6 Tanglble flxod asswts Tangible fixed 8ssels are inrtially measured at cosl and subsequently measured at cost or valuati)n, nel of d¢preciab'on and any impalment losses. Depreciation is recognised so as lo writg off the cost or valuat￿Th of ass8ls less their re￿dUal values over their useful lives on the foll¢)wing b8SOS'. Land and buildings - Devwenl H￿1 Lond and buildings - Day Care Centre Fixtures, ffttings & equipment Straight Llna 1% Straight Line 1 % Reducing BJance 10% The gain or loss ari&ng on the disposal of an asset is d8tsrmined as the difference between the sale proceeds and the carrying value Df the asset. and is recognised in the statement of financial athvibes. 1.7 Impalrment of fixed assets At each reporb.ng end dale, the charity reviews the carrying amounts of ils langible assets lo dglemiin8 whether there is any indication that those assets have suffered an impaimienl loss, If any such indication exists, the recoverable amount of the asset is estimated in ordor to determine the extent of the Impalm￿nt loss lif any}. 1.8 stocks Stocks are slated at the bwer of ujst and estimated sgllir¥J price less Costs to complete and sell. Cost comprise5 direct materia15 and, where applicable, direct lal)our eosts and those overheads that have been incurred in bringing the stocks to their present location and cKJnd(tion. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and ¢ost. Net feali8able value is the estimated Selling prlce less all estlmated costs of Gompletion and costs to be incurred in marketing, selling and di5tribulion, 1.9 Cash and cash •quival8nls Cash and cash equivalents include ¢a$h In hand, tjeposits held at Gall wth ￿nks, other short-temi liquid investsnenls with original malurilies of three months or less. and bank ¢)Vgrdrafts. Bank overdrafts are shown within ￿rrowIng5 in oJrrenl liabiltties.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollclès IContlnu•dl 1.10 Flnanclal Instruments The eharily has elected to apF4y the provi8ion8 of Section 11 'Ba￿e Financi81 Instruments, and S8ctbn 12 'Other Fin8ncial Instruments Issues, of FRS 102 to all of ils ffinancial instruments. Financial instruments are recognised in the chanty's balance sheet when the Charity be￿MeS party to the contractud provisions of the ir6trument. Financial assgts and Ilabilitias ara offs8t. wth the net amounts presented in the finanoal Ststements. when there is a legally enforceable right to $91 off the reccgnised amounts and there is an intention to settle on 8 net basis or lo realise thg asset and settle the liability slmullanewsly. B&$lc Ilnancljl assets Basic financial assets, whith indude debtors 8ThY c88h and bank balances. are initially measured transaction pri¢x induding transaction costs and are subsequenlty carried at amort158d cost using the effeth.ve interest method unless the arrangement constitutes a flnancing transaction. where the transaction 1$ measured at thg prgsfrnt value of the future reGeipl$ di5countet1 at a market rats of intgr8St. Financial ay5ets classified as receivalle within on8 year are not amorb5ed. Baslc Ilnanclal Ilabllltles Basic financial liabilities, including Credito￿ and bank lo￿5 are initially recognised at transaction prtce unless the arrangement constitutes a financlng transaction. where the debt instNment is mèasured al the present ,value,of,the fvlure payments discountsd at a market fa'te of interest. FinarKial liabiliti￿ classified as payab within one year are not amortised. 'Debt instruments are subsequenlky carried at amortised cost, uslng the effective interest rate method. Trade ereditors are obllgatlons to pay for goods OT services that have been 8cqulred In the Ordin￿ couise of operations from supplier$. Amounts payable are classified as current liabilities rf payment is due within on8 year or less. If no( they are presented as non-current liabilities. Trade creditors are recognised initially 8t transath'on Pri￿ and subsequenlly measured al amortised cost u%ng the effective interest method. Dereco9nition of flnanclal Ilabilities Financial liats'if(ies are derecognised when the ¢harity'$ contractual obligations expire or are discharged or cancelled. 1.11 Empboyee beneflts The cost of any unused hol￿aY entitlement is recognised in the period in whith the employee's services arg rec@ived. Temiination benefits are recognlsed immediately as 8n expense when the charity 18 demonstrably commrtted lo terminate the employment of an empbyee or to provide temiination benefits. 1.12 Rellremènt beneflts Payments to defineé conlritsjtion retirement benefft ￿heMeS are d￿r9ed a8 an expense a8 they tsll due.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Critical accounting estimates and judgements In the application of the chall￿s accounting rtjlicies, the Management Committee are required to make judgements, estimates and assumptions about the Lzrrying amount of assets and liabilities that are not readily apparent from other sourt6s. The estimates and assooated assumptions are based on historical experience and other factors that are con$itJered to be relevant. Actual results may differ from these estimates. The estimates and underlwng assumptions are reviewed on an ongoing basis. Revision5 to accountin9 estimates are recognised in the period in which the estimate is revised where the revision affects cnly that period, or in the peii¢A of the revi￿0￿ and future peric¥Js where the revison affects both current and future periods. Donatlons UnrnBtricted Unrostricted funds funds 2024 2023 Donab"ons and gifts B￿Ss 7,003 110,105 11,184 109,105 117,108 120,269 10-

e• co ID 11 i"

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 othor tradlng actfvftkns Unrestrlcted Unrostrictsd funds funds 2024 2023 Fundraising events 5.493 8,027 Investments Unrnstrlctod funds Total 2024 2023 Irrteresl receivable 2,168 Charitabl• activities Dlrect Dlrect charitabl• charltabl• expendlture expendlture 2024 2023 Staff costs Deprec4alK)n and Impalmienl Ambulance Service Provisions for Catering Events and aFpeals Ga5, watei, electricity, insurance and rates Cleaning materials and windows Telephone Repairs, renewals and maintenance Prinb"ng, Stationery. adverts'sing and postage Legal and professional Sundry Bank charges 129.465 1.926 20,956 24.557 1,391 29,487 2,529 715 4,949 52 712 243 122,821 2,007 19,128 20,336 1.325 14.036 1,426 3,171 65 638 159 11 217,566 185,604 Share of g0vema￿* co$ls (see note 8) 1,212 1.077 218,778 186.681 Gov￿nanCe costs indudes payments of£9121202& £882) for ac￿untancY fees. 12-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Support Costs Support Gov8rnanc8 2024 2023 Independent Examiners Fees Bc1Jk-keeF￿rrfJ 912 300 912 300 882 195 1.212 1.212 1,077 Analysed btheen Chafliable activities 1,212 1.212 1.077 Managam•nt Commiliee None of the Management Commlttee {or any persons conne¢ted Iheml received any remuneration or benefits from the charity during the year. 10 Employees Number of employogs The averagg Mc￿￿lY number of employees during the yearwas.. 2024 Number 2023 Number Management Krtchen Day Care Cleaner¥ Employment costs 2024 2023 Wages and salaries Sooal security costs Other ￿nsiOn costs 125,495 2,135 1,835 119,631 1,398 1,794 129,465 122,821 There were no employees whose annual remuneration wa$ £80.000 or more. 11 Taxatk)n The charlty Is exempl from lax on income and galns falling wthin $e¢tion $05 of the Taxes Act 1988 or $8Ctron 252 of the Taxationof Chargeable Gains Act 1992 to the extent that thgs8 are applied to its charitable objects, 13-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Tanglble flxed assets Land and Land and bu1ld1ngs-t￿1ldlTh08- Day DoTh¥8rt Hall Caro Centr• FlxtuYo•, Ilttlngs & equipmenl Trtal Cost At 1 April 2023 65,803 112,872 70.812 249.487 At 31 March 2024 65,803 112.872 70.812 249,487 Dèpreelatlon and Impalmi8nt Al 1 April 2023 Depreoats'on Gharged in the year 3.073 439 5.264 752 63,458 735 71,795 1,926 Al 31 March 2024 3.512 6,016 64,193 73,721 Carrylng amount At 31 March 2024 62.291 106,856 6,619 175,766 At 31 March 2023 62,730 107,608 7,354 177,692 13 Stocks 2024 2023 Closing provisions 210 180 14 Debto 2024 2023 Amounts falling duo wlthln on• y•ar. other debtors 2,370 2,667 15 Crgdltor8: amounts falling due within one ygar 2024 2023 other taxation and social sacurty Trade creditors Accruals and deferred income 1,378 3,007 5,526 3.815 876 9,911 4,691 14-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Analy$ls of not assets betI￿n funds Unrgstrlcted Restrl¢ied fund5 funds 2024 2024 Total Unrestrlctgd R￿t￿Ct•d fund$ funds 2023 2023 Totsl 2024 2023 Fund ba18nces al 31 March 2024 are represented by.. Tangible assets Current asset81lliabililie8) 175,766 76,355 175,786 76,355 177,692 93,083 177,692 93,083 252,121 252,121 270,775 270.775 17 Related party transa¢tion$ Rwnuneration of key management personnel The remuneration of key management personnel is as follow3. 2024 2023 Aggrogate compensation 20,439 19,415 15-

Charlty reglstration number 224799 DARWEN OLD PEOPLE'S WELFARE ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Managem&nt Committee Mrs D Mficker Mrs 8 Millar MrA Uoyd (Ghaiman) Mrs M Taylor Mf8 8 Harrison Mrs K Fielding Mrs T Jone5 Mrs P Qulnn Mr S Frisby Mrs C Frisby Mrs L S8Ker Mr T O'Hara Mrs J O'Hara Mrs B Hall￿811 {Appointed 14 March 20241 {Appoinled 14 March 20241 {Appointed 14 March 20241 {Appointed 14 March 20241 {Appointed 14 March 20241 (Appointed 1 July 2024) Charlty number 224799 Prlnclpal address DeN￿nt Hall George Street Damen Lancashire 883 ODQ Indgpondent oxamlner David Wood Imlson BA FCA HiTrJle Jepsi)n & Jennings Ltd 10 Borough Road Darwen Lanca8hire BB3 1PL Bank•rn National Westminster Bank pl 35 lQng William Street Blad(bum Lancashire B817DJ Solicitorg n Ramsbottom Partnership 3>39 Rai￿Vay Road Darwgn B83 2RL

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION CONTENTS Page Management Committee report Indep8ThJent examiners rewrt statement of financial activitses Balance sheet Notes lo the financial ststements 7-15

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION MANAGEMENT COMMirrEE REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Management Commiltee present their annual report antj financial ststements for the year ended 31 March 2024. The accounts have bgen prepared in ￿rdance Y￿th the accounting policies set out in note 1 to Ihg accounts arwj omply v￿th the charity's goveming document. the CharitsesAct 2011 and the Slalement of Recommendwj Practico, Accounting and Reporting by Charities., issued in March 2005. Ob}ecUvo8 and xtlvltles The objects are lo promote the weware of the aged in any manner I￿1¢￿ is now or hereafter may be deemed by law to be charitable wthin the dIStr￿t of OaTh￿n. The follo%wng activiiies are carried out lo support the charit￿5 ofy'ects and lo brfng togèther and create friendshlp and alleviate loneliness. There are various afternoon dubs whith are run every %%¢ek. Namely. the Fr￿ndship Club, Darby & Joan Club. the Hobnobs Club and LullababE$. Athiities also include the following.. kly Raffles Dances- held weekly Craft Classes- held weekly QurL Group - run weekly. DeNent Hall 15 also hired out to vaiious organisations, such as Slimming World. Cancer research. tat48 lop sales Karate dasses, Tropical fish group, pilateg and others. AggirrfJ well health ched(8 are done each year. The Luncheon Club Trs held Monday to Friday at 12 noon at a cost of £4.00 per person. Thè poliues aopl&J in furtheronce of these objects are on going and therè has been no change in these during the year. The Management Commrtt8e have paid du8 regard to guidance i35ued by the Ch8rty Cornmission in deading what aetimts.es the eharity should undertake. Achlavements and perfomiance In 1997, Damen Old People's Wdfare Association successfully applied for a lottery grant and along donation$ received from other sources. opened a Day-care centre to accommodate 15 clients a day. Thls provldes stimu181ion for all cllents. the centre provldes a bathing service, hairdressing, O Irips, crafts, various games, respite for family members and frieThaship towards each other.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION MANAGEMENT COMMirrEE REI¥)RT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnan¢l•l rgvlfjw These accounts havè bèen projuced to show the overall financi81 posf(ion of the association and therefore do not contain Ihe detalled information of every individual fund. Another Important feature of these accounts is thè way that fund8 are divided into the follwng categorie5, according lo the manner in whlch we are allow&J lo spend Ih8m', lil UnrestrKted Funds.. These arg funds which m8y be used freely for 8ny of Ihe aSS￿l￿tiOn'S aGtivitie$. li1} Restricted Funds.. These are funds which may onty be used for speufic purposes according lo Ihe terms on which they wwe first receNed. 11 is the policy of the Charrty that unrestricted lunds which have not been designated for a specific use should bg maintsined at a level equivalent lo befvfftn three and six month's expenditure. The Management Commttee consider that reserves at this level wll ensure that, in the event of a signrficant drop in funding. they wtll be able lo continue the charity's curient actNitie5 while consideration is given to ways in which addli'onal fvnds may be wsed. Thls level of reseNes has been maintslned throughout the year. The Management Ccfflmittee have assessed the major risks to vA)ich the charfty 16 exposed, and are s81isfled that systems are place to mitigate exposure to the major risks. structure. gO￿rnanCe ind management The tharity 1$ a wmpany limrted by guarantee. The Management Committee served during the year 8nd up to the dale of signature of the financial statements were.. Mrs D Wckgr Mis B Millar MrA Lloyd (Chairman) Mrs M Taylor Mr B Taylcf Mrs B Harrlson Mrs K Fielding Mrs T Jones Mrs P Quinn Mr S Frisby Mrs C Frisby Mrs L Salter Mr T O'Hara Mrs J O'Hara Mrs B Halliwell {ReSig￿d 30 April 20241 (Appointed 14 March 2024) (Appointed 14 March 20241 (Appointed 14 March 20241 (Apwinled 14 March 2024) (Appointed 14 March 2024) (Appointed l July 20241 The Management Committee are re$pon$ibk for the recruitment 8nd appointment of appropriate persons as trustses. The charity is fun on a day lo day basis by a manager, Julie Brindl?. and there are also employees who provide support wrth the running of the charity.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION MANAGEMENT COMMirrEE REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Management Committee report was approved by the Board of Management Committee. Mr A Lloyd Ichaimianl Honorary Treasurer 12 Sgptember 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT COMMITTEE OF DARWEN OLD PEOPLE'S WELFARE ASSOCIATION I report to thè Management Committe8 on my examination of tho financi81 statements of Dafftn Old People'8 Welfar8 Association (the chaiity} for tho year ended 31 March 2024. Re¥pon$lbilities and ba818 of report As the Management Committee of the charity you are ￿SpOn￿ble for the preparatlon of the finan¢ta statements In aCcorda￿e with the requirements of the CharitiesAct 2011 Ithe 2011 Acal. l TeFQrt in respect of my examlngtlon of the thanty'5 financial slat8m8nts Ca￿led out under section 145 of the 2011 Act. In carying out my examination I have followed all the applicable Directions given by the Charity Commi8slon uTrJ8r 58thon 145151{bl of the 2011 Act. Independent examlnerf$ statsment Your att8nlion is drawn to the fact that the charity has prepared financial ststements in accordaroe with Attountlng and Rep)rting by Chadlies preparing their accounts In accordance with the Financial Reporting Standard appli￿ in the UK and Republlc of Ireland IFRS 1021 in preference to the Accounting and Reporbng by Chariti05= Statement of Recommended Prath"ce Issued on 1 April 2005 whith is referred to in the extant regulats'ons but has now been wf(hdrawn. l understsnd that this has been ¢J)ne in ¢)rder for finanaal statements to pro￿de a true and fair View in accordance with Generally Accepted Accounting Practice effeGtive for reportirrfJ periods beginning on or aftar l January 2015. I have completed my examination. I confirm that no matters have ¢ome to my attention in connection the 8xamination giving me cause to believe that In any material respec£. accounting records were not kgpt in respect of the charity as requred by section 130 of the 2011 Act.. the financial statements do not acccfd with those records.. or the financial statements do not comply with the applicab￿ requirements conceming the fom and content of accounts set out in the Charities {Accounts and Report81 Regulations 2008 other than any requirement that the accounts give a true and fair view vthich is not a matter consKJered as part of an independent examination. I have Th) concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in ordèr to enable a proFer understanding of the ffinancial ststgment8 to be reached. David Wood Wilson BA FCA Hindle Jepson & Jennlngs Ltd 10 Borough Road D8rwen Lancashire BB31PL Dated: 12 September 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restrlct•d funds funds 2024 2024 Tot•1 Unrestricted Restrlcted funds funds 2023 2023 Total 2024 2023 mef Donations Ch8ritsble Other trading adivities Investments 117,108 75,357 117.108 75.357 120,269 74,628 120,269 74,628 5,493 2,166 5,493 2.166 8,027 8.027 Total incomo 200,124 200,124 202,924 202,924 Charitable activities 218.778 218,778 186.681 186.681 Net lexpondlturgvlncome for thg yoarl Net moverneTht In funds {18.6541 (18,654) 18.243 16,243 Fund balances at 1 Wil 2023 52,260 218,515 270,775 36.017 218.515 254.532 Fund balanGeB at 31 March 2024 33.61 218,515 252,121 52,260 218,515 270,775 Thg Statemert of financial acttvib05 indudes all gains and losses recognised in the year. AJI income and exp8fKliture derive from continuing aGlivities.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Fixed assets Tangble assets 12 175.786 177.692 Current assets Stocks Debtors Cash al bank aThJ In hand 13 14 210 2.370 83.686 180 2,667 94,927 86,266 97,774 Credltors: amounts falllng duo wlthln one year 15 (9,911) 14,691) Net current assets 76,355 93.083 Totsl a88ets less currgnt liabilities 252.121 270,775 Income fund8 Restficted funds Unrestricted fvnds 218.515 33,606 218,515 52,260 252,121 270.775 Thè financial statements were apkyoved by the Management Commrttee on 12 September 2024 MrA Lloyd {Chairnanl Trustee

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢Gountlng policies Charity infOrn￿tItsn Dar*￿n Old People's Welfare AssociatKJn is a registor8d charity rb) 224799. 1.1 Aeeountlng comlentton The accounts have bggn propargd in accordance with the charitys goveming doc￿ment as the constllut6on adopted 1947 as amended 7 January 1992. 3 July 1995 and 13 February 2007, the Charities Act 2011 and 'A¢￿Unting and Reporting by Charities.. Slatement of Recommended Practice applicalje to charib.es eparing their accounts in acccidance with the Finanaal Reportlro Standard appliCa￿e in th? UK and Republic of Ireland IFRS 102}" {as amended for a￿oUnting periods commencing from 1 January 2016}. The charity is a Public Bengfit Entity as defined by FRS 102. The charity has tsken advantsge of the provisions in the SORP for charities applying FRS 102 UpdaÈ Bullelin 1 not to prepare a Stalemenl of Cash Flows. The financial slalements hw departed from the Charrties {Acel￿nts and Rek￿ts) Regulations 2008 only to the extent required to provide a true and falr vlew. This departure has involved following ts Stalement of Recommended Piactice for ch8ritie$ applying FRS 102 rather 1han the version of the Statement of Recommended Practice %knbch 15 referred lo in the Regulations but which has since b8en withdrawn. The financial slalemenls are prepared in sterfing. vthich 15 the functional currency of the charity. Monetsry amounts in these financi81 statements are rounded lo the neare51 £. The financial ststèm8nts have been prepared under the historical ￿$t wnvention, Imodiffied to include the revaluation of freehold properties and to include investsnenl properties and certain financial inslnjnenls at fair valuel. The prinrApal aecounbng poliues adopted are sel (Krt below. 1.2 Golng concern At the time of appioving the finanaal statements, the Management Committee have • re8sonaUe eypeclalK that the charity has adequate resour¢e$ to continu8 in operational exlslenc8 for the foreseeable frjknre. Thus the Management Committae continue to athpt the going concern basi$ of accounting in prepariThJ the finanaal statements. 1.3 Charltablfj fund$ Unrestricted funds a￿ available for use at the discretion of the Management Committee in frjrtherW￿e of tsir charitsble obj'ectkves. Restricted funds are subject to speethc eonditions by donors as to how they may be used. The purwses and uses of the restricted fvnds are set out in thè notes to the finanual statements. Endowment funds are subject to spe￿fiC ¢(￿dI￿on6 by do￿rS that tho ￿pital must be maintsined by Ihe charity. 1.4 Incomg InGome 18 recognl8ed ￿en the charity is legally entilled lo it after any performance conditions have been mel, the amounts can be measured rellably, and It Is probable that income wll k received. Cash donations are rewgnised on receipt. Other donalb?ns arg r￿gnised cfice the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax reCOvera￿e in relatic￿ lo donations rèceived under GSftAid or deeds of covenant is recognised at the time of the donation. Legacies are ree4)gnised on receipt or otherwse rf the charity has been notified of an impending distribution. the amount 19 known, and receipt is expected. If the amount Is not known, the legacy is treated as a contingent asset

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcleg {Contlnued) 1.6 Expend5ture Expenditure 1$ recogni$ed once Ih8re is a legal or construL*ve Obligati￿ to transfer economic benefft to Ihird paty, it is probable that a transfer ol economic benefits will be required in 8ettlemenl. and the amount of the obligation can be measureé reliabty. Expenditure is classified by acllvty, The costs of eath activty ar8 made up of the total of dIr￿t costs and shared costs, including sUPPOrt Wsts invofved in undgrtaking ead) actlvlty. Direct costs attribLrtable to a Single activity are allocated directly to that activrty. Shared cosls which contribLrte lo more than one activity and support costs which are not attdbutable to a single activity are apportioned befvfftn those aclivilws on a basis CL)nsislenl with the use of resources. Cgntral staff costs are allocated on the basis of limfr $p8nt, and depr8Laation charges are all¢)caled on the portion of the asset's Use. All expondilure is a￿oUnted for on an aceruals basis and applied under the appropriate heading. Liaknlrtie8 are recognised as resources expended as Soon 8s the obligation and commttment by tha Charity lo the expendf(ure arise5. 1.6 Tanglble flxod asswts Tangible fixed 8ssels are inrtially measured at cosl and subsequently measured at cost or valuati)n, nel of d¢preciab'on and any impalment losses. Depreciation is recognised so as lo writg off the cost or valuat￿Th of ass8ls less their re￿dUal values over their useful lives on the foll¢)wing b8SOS'. Land and buildings - Devwenl H￿1 Lond and buildings - Day Care Centre Fixtures, ffttings & equipment Straight Llna 1% Straight Line 1 % Reducing BJance 10% The gain or loss ari&ng on the disposal of an asset is d8tsrmined as the difference between the sale proceeds and the carrying value Df the asset. and is recognised in the statement of financial athvibes. 1.7 Impalrment of fixed assets At each reporb.ng end dale, the charity reviews the carrying amounts of ils langible assets lo dglemiin8 whether there is any indication that those assets have suffered an impaimienl loss, If any such indication exists, the recoverable amount of the asset is estimated in ordor to determine the extent of the Impalm￿nt loss lif any}. 1.8 stocks Stocks are slated at the bwer of ujst and estimated sgllir¥J price less Costs to complete and sell. Cost comprise5 direct materia15 and, where applicable, direct lal)our eosts and those overheads that have been incurred in bringing the stocks to their present location and cKJnd(tion. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and ¢ost. Net feali8able value is the estimated Selling prlce less all estlmated costs of Gompletion and costs to be incurred in marketing, selling and di5tribulion, 1.9 Cash and cash •quival8nls Cash and cash equivalents include ¢a$h In hand, tjeposits held at Gall wth ￿nks, other short-temi liquid investsnenls with original malurilies of three months or less. and bank ¢)Vgrdrafts. Bank overdrafts are shown within ￿rrowIng5 in oJrrenl liabiltties.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollclès IContlnu•dl 1.10 Flnanclal Instruments The eharily has elected to apF4y the provi8ion8 of Section 11 'Ba￿e Financi81 Instruments, and S8ctbn 12 'Other Fin8ncial Instruments Issues, of FRS 102 to all of ils ffinancial instruments. Financial instruments are recognised in the chanty's balance sheet when the Charity be￿MeS party to the contractud provisions of the ir6trument. Financial assgts and Ilabilitias ara offs8t. wth the net amounts presented in the finanoal Ststements. when there is a legally enforceable right to $91 off the reccgnised amounts and there is an intention to settle on 8 net basis or lo realise thg asset and settle the liability slmullanewsly. B&$lc Ilnancljl assets Basic financial assets, whith indude debtors 8ThY c88h and bank balances. are initially measured transaction pri¢x induding transaction costs and are subsequenlty carried at amort158d cost using the effeth.ve interest method unless the arrangement constitutes a flnancing transaction. where the transaction 1$ measured at thg prgsfrnt value of the future reGeipl$ di5countet1 at a market rats of intgr8St. Financial ay5ets classified as receivalle within on8 year are not amorb5ed. Baslc Ilnanclal Ilabllltles Basic financial liabilities, including Credito￿ and bank lo￿5 are initially recognised at transaction prtce unless the arrangement constitutes a financlng transaction. where the debt instNment is mèasured al the present ,value,of,the fvlure payments discountsd at a market fa'te of interest. FinarKial liabiliti￿ classified as payab within one year are not amortised. 'Debt instruments are subsequenlky carried at amortised cost, uslng the effective interest rate method. Trade ereditors are obllgatlons to pay for goods OT services that have been 8cqulred In the Ordin￿ couise of operations from supplier$. Amounts payable are classified as current liabilities rf payment is due within on8 year or less. If no( they are presented as non-current liabilities. Trade creditors are recognised initially 8t transath'on Pri￿ and subsequenlly measured al amortised cost u%ng the effective interest method. Dereco9nition of flnanclal Ilabilities Financial liats'if(ies are derecognised when the ¢harity'$ contractual obligations expire or are discharged or cancelled. 1.11 Empboyee beneflts The cost of any unused hol￿aY entitlement is recognised in the period in whith the employee's services arg rec@ived. Temiination benefits are recognlsed immediately as 8n expense when the charity 18 demonstrably commrtted lo terminate the employment of an empbyee or to provide temiination benefits. 1.12 Rellremènt beneflts Payments to defineé conlritsjtion retirement benefft ￿heMeS are d￿r9ed a8 an expense a8 they tsll due.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Critical accounting estimates and judgements In the application of the chall￿s accounting rtjlicies, the Management Committee are required to make judgements, estimates and assumptions about the Lzrrying amount of assets and liabilities that are not readily apparent from other sourt6s. The estimates and assooated assumptions are based on historical experience and other factors that are con$itJered to be relevant. Actual results may differ from these estimates. The estimates and underlwng assumptions are reviewed on an ongoing basis. Revision5 to accountin9 estimates are recognised in the period in which the estimate is revised where the revision affects cnly that period, or in the peii¢A of the revi￿0￿ and future peric¥Js where the revison affects both current and future periods. Donatlons UnrnBtricted Unrostricted funds funds 2024 2023 Donab"ons and gifts B￿Ss 7,003 110,105 11,184 109,105 117,108 120,269 10-

e• co ID 11 i"

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 othor tradlng actfvftkns Unrestrlcted Unrostrictsd funds funds 2024 2023 Fundraising events 5.493 8,027 Investments Unrnstrlctod funds Total 2024 2023 Irrteresl receivable 2,168 Charitabl• activities Dlrect Dlrect charitabl• charltabl• expendlture expendlture 2024 2023 Staff costs Deprec4alK)n and Impalmienl Ambulance Service Provisions for Catering Events and aFpeals Ga5, watei, electricity, insurance and rates Cleaning materials and windows Telephone Repairs, renewals and maintenance Prinb"ng, Stationery. adverts'sing and postage Legal and professional Sundry Bank charges 129.465 1.926 20,956 24.557 1,391 29,487 2,529 715 4,949 52 712 243 122,821 2,007 19,128 20,336 1.325 14.036 1,426 3,171 65 638 159 11 217,566 185,604 Share of g0vema￿* co$ls (see note 8) 1,212 1.077 218,778 186.681 Gov￿nanCe costs indudes payments of£9121202& £882) for ac￿untancY fees. 12-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Support Costs Support Gov8rnanc8 2024 2023 Independent Examiners Fees Bc1Jk-keeF￿rrfJ 912 300 912 300 882 195 1.212 1.212 1,077 Analysed btheen Chafliable activities 1,212 1.212 1.077 Managam•nt Commiliee None of the Management Commlttee {or any persons conne¢ted Iheml received any remuneration or benefits from the charity during the year. 10 Employees Number of employogs The averagg Mc￿￿lY number of employees during the yearwas.. 2024 Number 2023 Number Management Krtchen Day Care Cleaner¥ Employment costs 2024 2023 Wages and salaries Sooal security costs Other ￿nsiOn costs 125,495 2,135 1,835 119,631 1,398 1,794 129,465 122,821 There were no employees whose annual remuneration wa$ £80.000 or more. 11 Taxatk)n The charlty Is exempl from lax on income and galns falling wthin $e¢tion $05 of the Taxes Act 1988 or $8Ctron 252 of the Taxationof Chargeable Gains Act 1992 to the extent that thgs8 are applied to its charitable objects, 13-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Tanglble flxed assets Land and Land and bu1ld1ngs-t￿1ldlTh08- Day DoTh¥8rt Hall Caro Centr• FlxtuYo•, Ilttlngs & equipmenl Trtal Cost At 1 April 2023 65,803 112,872 70.812 249.487 At 31 March 2024 65,803 112.872 70.812 249,487 Dèpreelatlon and Impalmi8nt Al 1 April 2023 Depreoats'on Gharged in the year 3.073 439 5.264 752 63,458 735 71,795 1,926 Al 31 March 2024 3.512 6,016 64,193 73,721 Carrylng amount At 31 March 2024 62.291 106,856 6,619 175,766 At 31 March 2023 62,730 107,608 7,354 177,692 13 Stocks 2024 2023 Closing provisions 210 180 14 Debto 2024 2023 Amounts falling duo wlthln on• y•ar. other debtors 2,370 2,667 15 Crgdltor8: amounts falling due within one ygar 2024 2023 other taxation and social sacurty Trade creditors Accruals and deferred income 1,378 3,007 5,526 3.815 876 9,911 4,691 14-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Analy$ls of not assets betI￿n funds Unrgstrlcted Restrl¢ied fund5 funds 2024 2024 Total Unrestrlctgd R￿t￿Ct•d fund$ funds 2023 2023 Totsl 2024 2023 Fund ba18nces al 31 March 2024 are represented by.. Tangible assets Current asset81lliabililie8) 175,766 76,355 175,786 76,355 177,692 93,083 177,692 93,083 252,121 252,121 270,775 270.775 17 Related party transa¢tion$ Rwnuneration of key management personnel The remuneration of key management personnel is as follow3. 2024 2023 Aggrogate compensation 20,439 19,415 15-