2023-06-30-accounts - Age Concern (Cowplain) (Opw) Committee

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Age Concern (Cowplain) (OPW) Committee

Charity No. 251915

Trustees' Report and Unaudited Accounts

30 June 2023

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 2023.

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 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

Looking back at my report for 2021-2022 we predicted that due to the rising energy costs & food prices the Centre would have an increase in demand by the elderly in our community to attend our lunch club which provides hot meals three days a week. Over the last year we have seen a rise in the numbers attending and we now have approximately 40 lunch members attending per day with many coming for the three days per week. Also we have a waiting list for people requesting to join the lunch club; as energy costs & food prices are unlikely to go down over the coming winter months I can only see us continuing to receive an increase in the number of requests.

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Age Concern (Cowplain) (OPW) Committee Trustees Annual Report

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.

As well as the lunch club we also have 15 different groups hiring the rooms on a regular basis; these are made up of different charities and activities. There is also Podiatry services which holds clinics 4 times a week at the Centre and has approximately 50 patients per week. The Centre has a thriving Social Afternoon which is held every Tuesday and is extremely popular with our members. A party was organised for the King Charles Coronation which was held on Friday, 5th May which was a great success. Like all charities after lockdown it took a time to get all the activities back up and running but thankfully the Centre is now thriving which is thanks to our two part-time staff and all the volunteers that give their time freely to ensure the Centre is a welcoming place for all the people within our community.

The Centre has had a very busy year and much has been achieved, this being partly due to a legacy left to Age Concern Cowplain of just over £20K which the Committee agreed to put towards upgrading all the lighting in both inside and outside the building to LED lights and replacing the very old gas boiler and installation of thermostat controls in each of the rooms to ensure the Centre is as energy efficient as possible.

In conclusion I feel the Centre has achieved so much over this last year which is due to the dedication of both staff and all the volunteers who continue to make it a welcoming and caring community centre for all that use it.

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

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Age Concern (Cowplain) (OPW) Committee Trustees Annual Report

Sandy Sanger Trustee 03 October 2023

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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 2023 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 ICAEW SHCA Limited 87 London Road Cowplain Waterlooville

PO8 8XB 03 October 2023

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Age Concern (Cowplain) (OPW) Committee Statement of Financial Activities

for the year ended 30 June 2023

Unrestricted funds	Total funds	Total funds
2023	2023	2022
£	£	£

32,654	32,654	15,070
36,764	36,764	33,677
13,096	13,096	13,758
416	416	253
82,930	82,930	62,758

17,866	17,866	17,091
52,142	52,142	38,732
70,008	70,008	55,823
-	-	-
12,922	12,922	6,935
-	-	-
12,922	12,922	6,935

12,922	12,922	6,935

396,253	396,253	389,318
409,175	409,175	396,253

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Age Concern (Cowplain) (OPW) Committee Balance Sheet

at 30 June 2023

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	2023 £ 296,440 296,440 113,705 113,705 (970) 112,735 409,175 409,175 409,175 409,175 409,175 409,175	2022 £ 297,082
		297,082 100,089
		100,089 (918)
		99,171 396,253
		396,253
		396,253
		396,253
		396,253
		396,253

Approved by the trustees on 03 October 2023

And signed on their behalf by:

Sandy Sanger Trustee 03 October 2023

Page 6

Age Concern (Cowplain) (OPW) Committee Notes to the Accounts

for the year ended 30 June 2023

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 expenditure which 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:

0% No depreciation Freehold property 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.

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Age Concern (Cowplain) (OPW) Committee Notes to the Accounts

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.

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	Unrestricted £ 28,551 - 4,103 32,654	Unrestricted funds 2022 £ 15,069 33,677 13,758 253 62,757 16,601 39,222 55,823 6,934 6,934 6,934 389,318 396,252 Total 2023 £ 28,551 - 4,103 32,654	Total funds 2022 £ 15,069 33,677 13,758 253
			62,757 16,601 39,222
			55,823
			6,934
			6,934
			6,934 389,318
			396,252
			Total 2022 £ 6,421 5,200 3,449
			15,070

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Age Concern (Cowplain) (OPW) Committee Notes to the Accounts

4 Income from charitable activities

Lunch club takings Lunch club contributions Befriending Various clubs and groups 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	Unrestricted £ 24,947 948 1,100 9,769 36,764 Unrestricted £ 2,057 11,039 13,096 Unrestricted £ 416 416 Unrestricted £ 13,305 1,244 3,317 17,866	Total 2023 £ 24,947 948 1,100 9,769 36,764 Total 2023 £ 2,057 11,039 13,096 Total 2023 £ 416 416 Total 2023 £ 13,305 1,244 3,317 17,866	Total 2022 £ 21,579 1,156 1,409 9,533
			33,677
			Total 2022 £ 2,066 11,692
			13,758
			Total 2022 £ 253
			253
			Total 2022 £ 11,313 1,278 4,500
			17,091

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Age Concern (Cowplain) (OPW) Committee Notes to the Accounts

8 Other expenditure

8	Other expenditure
		Unrestricted	Total	Total
			2023	2022
		£	£	£
	Employee costs	26,528	26,528	24,320
	Premises costs	20,560	20,560	9,562
	Amortisation, depreciation,
	impairment, profit/loss on	642	642	1,113
	disposal of fixed assets
	General administrative costs	3,352	3,352	2,606
	Legal and professional costs	1,060	1,060	1,131
		52,142	52,142	38,732
9	Net income before transfers
		2023		2022
	This is stated after charging:	£		£
	Depreciation of owned fixed assets	642		1,113
10	Staff costs
		2023		2022
	Salaries and wages	26,516		24,320
		26,516		24,320
	No employee received emoluments in excess of £60,000.
	The average monthly number of full time equivalent employees during the year was as follows:
		2023		2022
		Number		Number
	Administration	1		1
		1		1
11	Tangible fixed assets
		Land and buildings	Plant and Machinery	Total
		£	£	£
	Cost or revaluation
	At 1 July 2022	295,804	32,697	328,501
	At 30 June 2023	295,804	32,697	328,501
	Depreciation and
	impairment
	At 1 July 2022	-	31,419	31,419
	Depreciation charge for the	-	642	642
	year
	At 30 June 2023	-	32,061	32,061
	Net book values
	At 30 June 2023	295,804	636	296,440
	At 30 June 2022	295,804	1,278	297,082

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Age Concern (Cowplain) (OPW) Committee Notes to the Accounts

12 Creditors:

amounts falling due within one year

	2023 £		2022 £
	970		918
At 1 July 2022 396,253 396,253	970 Incoming resources (including other gains/losses) £ 82,930 82,930 At 1 July 2022 £	Resources expended £ (70,008) (70,008) Unrestricted funds £ 296,440 112,735 409,175 Cash flows £	918
			At 30 June 2023 £ 409,175
			409,175
			Total £ 296,440 112,735
			409,175
			At 30 June 2023 £
	100,089	13,616	113,705
	100,089 100,089	13,616 13,616	113,705
			113,705

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Age Concern (Cowplain) (OPW) Committee Statement of Cash flows for the year ended 30 June 2023

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 Increase/(Decrease) in trade and other payables Net cash provided by operating activities Cash flows from investing activities Dividends, interest and rents from investments Net cash from/(used in) 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	2023 £ 12,922 642 (416) 52 13,200 416 416 - 13,616 100,089 113,705	2022 £ 6,934 1,113 (253) (1,864)
		5,930 253
		(776)

		-

		5,154
		94,935
		100,089

Components of cash and cash equivalents
Cash and bank balances	113,705	100,089

	113,705	100,089

Page 13

Age Concern (Cowplain) (OPW) Committee Detailed Statement of Financial Activities

for the year ended 30 June 2023

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 Staff training Premises costs Rates Light, heat and power Premises cleaning Premises repairs and maintenance	Unrestricted funds 2023 £ 28,551 - 4,103 32,654 24,947 948 1,100 9,769 36,764 2,057 11,039 13,096 416 416 82,930 13,305 1,244 3,317 17,866 17,866 26,516 12 26,528 1,537 2,807 1,685 14,531 20,560	Total funds 2023 £ 28,551 - 4,103 32,654 24,947 948 1,100 9,769 36,764 2,057 11,039 13,096 416 416 82,930 13,305 1,244 3,317 17,866 17,866 26,516 12 26,528 1,537 2,807 1,685 14,531 20,560	Total funds 2022 £ 6,421 5,200 3,449
			15,070
			21,579 1,156 1,409 9,533
			33,677
			2,066 11,692
			13,758
			253
			253
			62,758 11,313 1,278 4,500
			17,091
			17,091 24,320 -
			24,320
			1,099 3,822 1,751 2,890
			9,562

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Age Concern (Cowplain) (OPW) Committee Detailed Statement of Financial Activities

General administrative costs, including depreciation and amortisation Depreciation of Plant and Machinery General insurances Stationery and printing Sundry expenses Telephone, fax and broadband Legal and professional costs Audit/Independent examination fees 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	642 1,365 579 502 906 3,994 1,060 1,060 52,142 70,008 - 12,922 12,922 - 12,922 396,253 409,175	642 1,365 579 502 906 3,994 1,060 1,060 52,142 70,008 - 12,922 12,922 - 12,922 396,253 409,175	1,113 1,266 174 313 853
			3,719
			1,131
			1,131

			38,732
			55,823 -
			6,935
			6,935 -
			6,935
			389,318
			396,253

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