Age Concern (Cowplain) (OPW) Committee
Charity No. 251915
Trustees' Report and Unaudited Accounts
30 June 2022
Age Concern (Cowplain) (OPW) Committee Trustees Annual Report
Age Concern Cowplain
The trustees present their report with the unaudited financial statements of the charity for the year ended 30 June 2022.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 251915
Principal Office
Borrow Day Centre London Road Cowplain Hampshire PO8 8DB
Trustees
The following trustees served during the year:
David Allport Sylvia Harris Frances Kilby Sandy Sanger
Accountants
SHCA Limited 87 London Road Cowplain Waterlooville PO8 8XB
OBJECTIVES AND ACTIVITIES
The purpose of the charity as set out in its governing document, to promote the welfare of the aged in any manor which now or hereafter may deemed by law to be charitable within the Cowplain Ward and immediate vicnity.
The main activities undertaken in relation to those purposes with principal objective of providing services and facilities for the well being or the elderly in our ctachment area; comprising a lunch club (three days), keep fit, genealogy, ceramic painting, befriending service for the vulnerable elderly living in the cowplain ward and its surrounds.
ACHIEVEMENTS AND PERFORMANCE
We continue with our principal object of providing services and facilities for the wellbeing of the elderly in the Cowplain area which has been extended to include Horndean and Clanfield areas through our befriending service. Referrals to this service come from a number of sources, such as Healthcare Professionals, Adult Services, Community Police, Relatives and Neighbours. With permission of the client our volunteers visit them and encourage then back into the community. We believe that early intervention can promote the wellbeing of isolated older people in the community and help to alleviate the pressure on the Healthcare Specialists. Our Lunch clubs are popular providing a cooked meal and we have various sports activities and computer lessons and genealogy and bingo all of which encourage social interaction.
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Age Concern (Cowplain) (OPW) Committee Trustees Annual Report
FINANCIAL REVIEW
The trustees consider the financial performance by the charity during the year to have been satisfactory.
The charity has generated reserves which are held for the purpose of furthering the objectives of the charity, for the benefit of those elderly persons within the area.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Model consitiution adopted 26 June 1957 as amended 12 August 1980, 5 October 2000 & 20 October 2005
New trustees are recruited by the current committee from the community of Cowplain and surrounding areas.
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that 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 applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
Sandy Sanger Trustee 30 June 2022
Page 2
Age Concern (Cowplain) (OPW) Committee Independent Examiners Report
Independent Examiner's Report to the trustees of Age Concern (Cowplain) (OPW) Committee
I report to the trustees on my examination of the financial statements of Age Concern (Cowplain) (OPW) Committee for the year ended 30 June 2022 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's financial statements carried out under section 145 of 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 Act.
Independent examiner's statement
I have completed my examination. I can 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:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
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.
Stuart Hoare Institute of Chartered Accountants in England & Wales SHCA Limited
87 London Road Cowplain Waterlooville
PO8 8XB 30 June 2022
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Age Concern (Cowplain) (OPW) Committee Statement of Financial Activities
for the year ended 30 June 2022
| Notes Income and endowments from: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Total Expenditure on: Charitable activities 7 Other 8 Total Net gains on investments Net income 9 Transfers between funds Net income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds |
Total funds | Total funds | |
|---|---|---|---|---|
| 2022 | 2022 | 2021 | ||
| £ | £ | £ | ||
| 15,069 | 15,069 | 36,183 | ||
| 33,677 | 33,677 | 26,597 | ||
| 13,758 | 13,758 | 6,477 | ||
| 253 | 253 | 299 | ||
| 62,757 | 62,757 | 69,556 | ||
| 16,601 | 16,601 | 13,211 | ||
| 39,222 | 39,222 | 39,880 | ||
| 55,823 | 55,823 | 53,091 | ||
| - | - | - | ||
| 6,934 | 6,934 | 16,465 | ||
| - | - | - | ||
| 6,934 | 6,934 | 16,465 | ||
| 6,934 | 6,934 | 16,465 | ||
| 389,318 | 389,318 | 372,853 | ||
| 396,252 | 396,252 | 389,318 | ||
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Age Concern (Cowplain) (OPW) Committee Balance Sheet
at 30 June 2022
| Charity No. 251915 Fixed assets Tangible assets 11 Current assets Cash at bank and in hand Creditors:Amount falling due within one year 12 Net current assets Total assets less current liabilities Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds 13 Unrestricted funds 13 General funds Reserves 13 Total funds |
2022 £ 297,082 297,082 100,089 100,089 (919) 99,170 396,252 396,252 396,252 396,252 396,252 396,252 |
2021 £ 297,166 |
|---|---|---|
| 297,166 94,935 |
||
| 94,935 (2,783) |
||
| 92,152 389,318 |
||
| 389,318 | ||
| 389,318 | ||
| 389,318 | ||
| 389,318 | ||
| 389,318 |
Approved by the trustees on 30 June 2022
And signed on their behalf by:
Sandy Sanger Trustee 30 June 2022
Page 5
Age Concern (Cowplain) (OPW) Committee Notes to the Accounts
for the year ended 30 June 2022
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
-
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
-
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
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Age Concern (Cowplain) (OPW) Committee Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 0% No depreciation provided Plant and Machinery 20% straight line
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
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Age Concern (Cowplain) (OPW) Committee Notes to the Accounts
2 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from donations and legacies Donations Grants Membership fees 4 Income from charitable activities Lunch club takings Lunch club contributions Befriending Various clubs and groups |
Unrestricted £ 6,420 5,200 3,449 15,069 Unrestricted £ 21,579 1,156 1,409 9,533 33,677 |
Unrestricted funds 2021 £ 36,183 26,597 6,477 299 69,556 13,211 39,880 53,091 16,465 16,465 16,465 372,853 389,318 Total 2022 £ 6,420 5,200 3,449 15,069 Total 2022 £ 21,579 1,156 1,409 9,533 33,677 |
Total funds 2021 £ 36,183 26,597 6,477 299 |
|---|---|---|---|
| 69,556 13,211 39,880 |
|||
| 53,091 | |||
| 16,465 | |||
| 16,465 | |||
| 16,465 372,853 |
|||
| 389,318 | |||
| Total 2021 £ 4,011 30,036 2,136 |
|||
| 36,183 | |||
| Total 2021 £ 14,761 591 8,615 2,630 |
|||
| 26,597 |
Page 8
Age Concern (Cowplain) (OPW) Committee Notes to the Accounts
| 5 Income from other trading activities Fundraising sales and events Rental of building 6 Income from investments Bank interest on savings 7 Expenditure on charitable activities Expenditure on charitable activities Lunch club takings Lunch club contributions Befriending Governance costs 8 Other expenditure Employee costs Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 9 Net income before transfers This is stated after charging: Depreciation of owned fixed assets |
Unrestricted £ 2,066 11,692 13,758 Unrestricted £ 253 253 Unrestricted £ 11,313 788 4,500 16,601 Unrestricted £ 24,320 490 9,562 1,113 2,606 1,131 39,222 2022 £ 1,113 |
Total 2022 £ 2,066 11,692 13,758 Total 2022 £ 253 253 Total 2022 £ 11,313 788 4,500 16,601 Total 2022 £ 24,320 490 9,562 1,113 2,606 1,131 39,222 |
Total 2021 £ 2,751 3,726 |
|---|---|---|---|
| 6,477 | |||
| Total 2021 £ 299 |
|||
| 299 | |||
| Total 2021 £ 8,625 614 3,972 |
|||
| 13,211 | |||
| Total 2021 £ 25,302 220 9,136 925 3,315 982 |
|||
| 39,880 | |||
| 2021 £ 925 |
Page 9
Age Concern (Cowplain) (OPW) Committee Notes to the Accounts
10 Staff costs
| 2022 2021 Salaries and wages 24,320 25,302 24,320 25,302 No employee received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: 2022 2021 Number Number Administration 1 1 1 1 11 Tangible fixed assets Land and buildings Plant and Machinery Total £ £ £ Cost or revaluation At 1 July 2021 295,804 31,956 327,760 Additions - 1,029 1,029 Disposals - (288) (288) At 30 June 2022 295,804 32,697 328,501 Depreciation and impairment At 1 July 2021 - 30,594 30,594 Depreciation charge for the year - 1,113 1,113 Disposals - (288) (288) At 30 June 2022 - 31,419 31,419 Net book values At 30 June 2022 295,804 1,278 297,082 At 30 June 2021 295,804 1,362 297,166 12 Creditors: amounts falling due within one year 2022 2021 £ £ Trade creditors - 2,103 Accruals 919 680 919 2,783 |
2022 2021 Salaries and wages 24,320 25,302 24,320 25,302 No employee received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: 2022 2021 Number Number Administration 1 1 1 1 11 Tangible fixed assets Land and buildings Plant and Machinery Total £ £ £ Cost or revaluation At 1 July 2021 295,804 31,956 327,760 Additions - 1,029 1,029 Disposals - (288) (288) At 30 June 2022 295,804 32,697 328,501 Depreciation and impairment At 1 July 2021 - 30,594 30,594 Depreciation charge for the year - 1,113 1,113 Disposals - (288) (288) At 30 June 2022 - 31,419 31,419 Net book values At 30 June 2022 295,804 1,278 297,082 At 30 June 2021 295,804 1,362 297,166 12 Creditors: amounts falling due within one year 2022 2021 £ £ Trade creditors - 2,103 Accruals 919 680 919 2,783 |
2022 2021 Salaries and wages 24,320 25,302 24,320 25,302 No employee received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: 2022 2021 Number Number Administration 1 1 1 1 11 Tangible fixed assets Land and buildings Plant and Machinery Total £ £ £ Cost or revaluation At 1 July 2021 295,804 31,956 327,760 Additions - 1,029 1,029 Disposals - (288) (288) At 30 June 2022 295,804 32,697 328,501 Depreciation and impairment At 1 July 2021 - 30,594 30,594 Depreciation charge for the year - 1,113 1,113 Disposals - (288) (288) At 30 June 2022 - 31,419 31,419 Net book values At 30 June 2022 295,804 1,278 297,082 At 30 June 2021 295,804 1,362 297,166 12 Creditors: amounts falling due within one year 2022 2021 £ £ Trade creditors - 2,103 Accruals 919 680 919 2,783 |
2021 25,302 |
|---|---|---|---|
| 25,302 | |||
| 1 | |||
| Total £ 327,760 1,029 (288) |
|||
| 328,501 | |||
| 30,594 1,113 (288) |
|||
| 31,419 | |||
| 297,082 | |||
| 297,166 | |||
| 2021 £ 2,103 |
|||
| 919 | 680 | ||
| 919 | 2,783 |
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Age Concern (Cowplain) (OPW) Committee Notes to the Accounts
13 Movement in funds
| Restricted funds: Unrestricted funds: General funds Total funds 14 Analysis of net assets between funds Fixed assets Net current assets 15 Reconciliation of net debt Cash and cash equivalents Net debt |
At 1 July 2021 389,318 389,318 |
Incoming resources (including other gains/losses ) £ 62,757 62,757 At 1 July 2021 £ |
Resources expended £ (55,823) (55,823) Unrestricted funds £ 297,082 99,170 396,252 Cash flows £ |
At 30 June 2022 £ 396,252 |
|---|---|---|---|---|
| 396,252 | ||||
| Total £ 297,082 99,170 |
||||
| 396,252 | ||||
| At 30 June 2022 £ |
||||
| 94,935 | 5,154 | 100,089 | ||
| 94,935 94,935 |
5,154 5,154 |
100,089 | ||
| 100,089 | ||||
Page 11
Age Concern (Cowplain) (OPW) Committee Statement of Cash flows for the year ended 30 June 2022
| Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: Depreciation of property, plant and equipment Dividends, interest and rents from investments Decrease in trade and other payables Net cash provided by operating activities Cash flows from investing activities Payments for property, plant and equipment Dividends, interest and rents from investments Net cash (used in)/from investing activities Net cash from financing activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year |
2022 £ 6,934 1,113 (253) (1,864) 5,930 (1,029) 253 (776) - 5,154 94,935 100,089 |
2021 £ 16,465 925 (299) (8,621) |
|---|---|---|
| 8,470 - 299 |
||
| 299 | ||
| - | ||
| 8,769 | ||
| 86,166 | ||
| 94,935 | ||
| Components of cash and cash equivalents | ||
| Cash and bank balances | 100,089 | 94,935 |
| 100,089 | 94,935 |
Page 12
Age Concern (Cowplain) (OPW) Committee Detailed Statement of Financial Activities
for the year ended 30 June 2022
| Income and endowments from: Donations and legacies Donations Grants Membership fees Charitable activities Lunch club takings Lunch club contributions Befriending Various clubs and groups Other trading activities Fundraising sales and events Rental of building Investments Bank interest on savings Total income and endowments Expenditure on: Charitable activities Lunch club takings Lunch club contributions Befriending Total of expenditure on charitable activities Employee costs Salaries/wages Motor and travel costs Travel and subsistence Premises costs Rates Light, heat and power Premises cleaning |
Unrestricted funds 2022 £ 6,420 5,200 3,449 15,069 21,579 1,156 1,409 9,533 33,677 2,066 11,692 13,758 253 253 62,757 11,313 788 4,500 16,601 16,601 24,320 24,320 490 490 1,099 3,822 1,751 |
Total funds 2022 £ 6,420 5,200 3,449 15,069 21,579 1,156 1,409 9,533 33,677 2,066 11,692 13,758 253 253 62,757 11,313 788 4,500 16,601 16,601 24,320 24,320 490 490 1,099 3,822 1,751 |
Total funds 2021 £ 4,011 30,036 2,136 |
|---|---|---|---|
| 36,183 | |||
| 14,761 591 8,615 2,630 |
|||
| 26,597 | |||
| 2,751 3,726 |
|||
| 6,477 | |||
| 299 | |||
| 299 | |||
| 69,556 8,625 614 3,972 |
|||
| 13,211 | |||
| 13,211 25,302 |
|||
| 25,302 | |||
| 220 | |||
| 220 | |||
| 1,419 2,953 1,416 |
Page 13
Age Concern (Cowplain) (OPW) Committee Detailed Statement of Financial Activities
| Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Plant and Machinery Equipment repairs and maintenance General insurances Stationery and printing Sundry expenses Telephone, fax and broadband Legal and professional costs Audit/Independent examination fees Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
2,890 9,562 1,113 - 1,266 174 313 853 3,719 1,131 - 1,131 39,222 55,823 - 6,934 6,934 - 6,934 389,318 396,252 |
2,890 9,562 1,113 - 1,266 174 313 853 3,719 1,131 - 1,131 39,222 55,823 - 6,934 6,934 - 6,934 389,318 396,252 |
3,348 |
|---|---|---|---|
| 9,136 | |||
| 925 294 1,173 176 730 942 |
|||
| 4,240 | |||
| 10 972 |
|||
| 982 | |||
| 39,880 | |||
| 53,091 - |
|||
| 16,465 | |||
| 16,465 - |
|||
| 16,465 | |||
| 372,853 | |||
| 389,318 |
Page 14