2024-03-31-accounts - Age Concern - Shanklin Group

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AGE CONCERN-SHANKLIN GROUP Registered Charity Number 274171

106 Regent Street Shanklin Isle of Wight PO37 7AP

OFFICERS, TRUSTEES AND PROFESSIONAL ADVISERS 2023/2024

President Mrs Shirley Tamcken (Until her death in December 2023 when Mr Peter Coleman was elected)

Executive Committee

Honorary Officers:

Chairman Mr Hamish Boyd Vice Chair Mr Ray Scott Hon. Treasurer Mr Simon Bucher-Jones Hon. Secretary Mrs Heather Whitchurch

Professional Advisers

Bankers Lloyds Bank Newport Branch 22 St Thomas’ Square Newport Isle of Wight PO30 1SQ Independent Examiners Caryn March BA(Hons) Acc. Landguard Manor Landguard Manor Road Shanklin Isle of Wight PO37 7JB Hon. Solicitor Mrs Cathy Powe Walter Gray & Co. 3 /4 St Thomas Street Ryde Isle of Wight PO33 2ND

REPORT OF TRUSTEES FOR YEAR ENDING 31 MARCH 2024

OBJECTIVES

The Constitutional objectives of the charity are: -

'To promote the welfare of the aged in any manner which now or hereafter may be deemed by law to be charitable in Shanklin and district in the Isle of Wight'.

SUMMARY OF MAIN ACTIVITIES

The group continues to operate a Day Center for people of 50 years and over, in Shanklin, opening 10am to 4pm Monday to Friday. We continue to have a steady growth in new memberships. We offer a hot lunch on Mondays, Wednesdays and Fridays and a homemade soup and light bites on a Tuesday. Also popular are our monthly Sunday lunches. We also offer 'lite bites' throughout the day alongside general refreshments and cakes.

We still have a growing chair aerobics group now held on a Thursday, those taking part also enjoy walking or extra days of healthy activity and social events. This group with others from the community have taken part in two charity walks. Bingo, games and quizes continue with guest speakers occasionally. Our center is also used by Community Navigators who offer bi-monthly craft and coffee & chat sessions for the bay area community.

Our mini-bus is well used and we have had other groups joining our membership to enjoy our trips and their own organized trips out. We pick up from home for our afternoon social, assistance with shopping alternate weeks which take shoppers to the big stores that are difficult to access by bus. Our fortnightly ‘Friday Flyer’ afternoon run continues to be a success. We also have at least four mainland trips a year, to the theatre and Christmas markets.

We are lucky enough to have a wonderful group of volunteers. We are very grateful to them. We have an excellant two cooks sharing three days a week preparing superb lunchs and making soup for our Tuesday lunch day. We have a volunteer Centre Manager to oversee the secure opening and closing of the centre. Also to check safety, cleanliness and generally that the centre is fully operational.

REVIEW OF FINANCIAL ACTIVITIES AND AFFAIRS

We enclose a copy of this years accounts, audited and examined by Caryn March BA(Hons) Accy. Our income remains stable.

CONCLUSION

We have received a grant from Hampshireand Isle of Wight Community Fund for £2.060 to assist with employing a craft tutor bi-monthly and to assist with support for the chair aerobics. A grant form Formula 1 Drivers Association for £1,800 to assist with ‘Warm Hub’ costs. A grant from Barchester Charitable Foundation for £500 towards costs for mainland visits. A grant from McCarthy Stone Foundation for £750 to assist with ‘Warm Hub’ costs. A grant from Sandown Town Council for £2,000 to assist with ‘Warm Hub’ costs. Shanklin Rotary once again paid for forty members to attend a Christmas luncheon at a local club.

We always need to consider the fabric of the building and to ensure we comply with health and safety issues

and ensure the amenities are accessible to all.

The Trustees are pleased to confirm that there have been no serious incidents during the current financial year.

Signed on behalf of the Trustees

Mr Hamish Boyd Chairman

2023-24

Page 1 OF 2

	FULL TIL INCOME BREAKDOWN Donations £ 3,811.50(Ringfenced for Roof £ 2619.32) Sale of food/eggs £ 25,683.13 Membership £ 995.00(0.41 is misrecorded, moved to Food Minibus £ 3,496.68 Rafe £ 1,387.90 Sale of Donated Goods £ 1,569.56 Social £ 2,671.51
	Grand Total £ 39,615.28
	£ 39,615.28(Til includes Sum-Up£ 2382.97)
	Unknown* £ 201.19due to til error Grants £ 4,000.00 Interest £ 1,045.10 Memorial Donations £ 331.50 DVLA £ 76.09

£ 45,269.16

FULL OUTGOINGS BREAKDOWN

Expenses, Invoices & Bills breakdown by receipts detail

Cost type Payment method Bank Craft Club £ 379.67 Eggs £ 352.25 Entertainment £ 1,232.42	Cost type Payment method Bank Craft Club £ 379.67 Eggs £ 352.25 Entertainment £ 1,232.42	Cash til £ - £ 167.95 £ 659.88 £ 130.50 £ 86.00
Foodstufs £ 5,538.40		£ 2,494.11 £ 93.43
Maintenance £ 4,475.78 Admin £ 782.16 Rafe Prizes £ - Training £ - Mixed* £ 580.98 Minibus (inc insurance) £ 1,692.26 Building insurance £ 258.26 Refund £ - Grand Total £ 15,292.18		£ 170.36 £ 119.80 £ - £ 22.50 £ 24.00 £ 42.22 £ 82.02 £ - £ - £ 394.50 £ 3,133.66 £ 1,353.61
Check** £ 15,292.18		£ 3,133.66 £ 1,353.61
Direct Debits from Bank		Non-DD PAYE PAYE Total
Fuelgenie (Miniibus fuel) BES Electric BES Gas Scottish Water Wightfbre Council Tax DVLA License HMRC PAYE	£ 781.39 £ 2,539.54 £ 2,282.83 £ 1,703.38 £ 648.00 £ 124.16 £ 165.00 £ 377.00
		£ 350.21 £ 727.21
	£ 8,971.51	inc non-DD PAYE

Staf Salaries	£ 6,942.03(see BANKING)	£ 6,942.03(see BANKING)
ALL	£ 31,205.72 £ 3,133.66 £ 1,353.61
Sum-Up fees £ 39.44 Calculated income minus expenditure ('Proft') £ 9,536.73 Actual check Year start increase over 2
Current Petty Cash £ 85.20 £ 51.72£ 33.48 Treasurer Account £ 6,018.51£ 5,515.85£ 502.66 Bus Account £ 15,000.00 £ 11,500.00£ 3,500.00 Main Account £ 88,000.00 £ 82,500.00£ 5,500.00
Sum-Up in progress £ -		£ -
Banking inprogress £ -		£ 9,536.14
Apparent shortfall/oversum in petty cash. £ 0.59 Non-UK coinage in til (2 cents and 1 dime, for 7p over yea-£ 0.07 1 de-minimus human error overpayment written of. £ 0.52

I was advised in Committee Meeting of 14/03/2024 that one volunteer (who ha had been pressing 'no-sale' incorrectly during the year, this appears to accoun difference between (takings - spend from til) and the amounts passed to treas overall, in our favour (ie more money was held consistently than accounted fo has been adjusted above as undefined income. The effect of adjusting for the is an overall discrepency of £0.52 unrecorded spending/saving (0% of year inc

** A small amount of PAYE tax paid directly before set up of direct debi addded to direct debit total. See BANKING sheet

Treasurer - Simon Bucher-Jones

4/3/2024

Grand Total £ 379.67 £ 1,180.08 £ 1,448.92 £ 8,125.94 £ 4,765.94 £ 782.16 £ 22.50 £ 24.00 £ 623.20 £ 1,774.28 £ 258.26 £ 394.50 £ 19,779.45 £ 19,779.45

£35,692.99 £35,732.43

023 64.73% 9.11% 30.43% 6.67% 0.00% 0.00%

as now left) nt for a long standing surer, as this was or in til roll totals, it e ENTIRE difference come).

it has been

AGE CONCERN SHANKLIN GROUP

Charity Number 274171

FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

CARYN MARCH ACCOUNTANTS LIMITED WOOTTON – ISLE OF WIGHT

Charity No. 274171

AGE CONCERN SHANKLIN GROUP

FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

CONTENTS	PAGES
Independent Examiner's Report	1
Statement of Financial Activities	2
Balance Sheet	3
Notes to the Financial Statements	4 to 8
The following pages do not form part of the Financial Statements
Detailed Statement of Financial Activities	10 to 11

Charity No. 274171

AGE CONCERN SHANKLIN GROUP

YEAR ENDED 31 MARCH 2024

Independent Examiner's Report

We report on the accounts of the charity for the year ended 31 March 2024 set out on pages 2 to 8.

Respective Responsibilities of Trustees and Independent Examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").

The charity's trustees consider that an audit is not required for this year under Part 16 of the 2006 Act and that an independent examination is needed.

It is our responsibility to examine the accounts under section 145 of the Act and to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to our attention.

Basis of Independent Examiner's Report

Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with our examination, no material matters have come to our attention which give us cause to believe that in, any material respect:

accounting records were not kept in accordance with section 386 of the Companies Act 2006 Act; or
the accounts do not accord with such records; or
the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirements that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the Charities SORP (FRS102).

We 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 accounts to be reached.

Caryn March BA (Hons) Accy, ICPA

Independent Examiner

For and on behalf of

Caryn March Accountants Limited 7 St Edmunds Walk Wootton Bridge PO33 4JB

26 November 2024

Charity No. 274171

AGE CONCERN SHANKLIN GROUP

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2024

Unrestricted Funds £ 7,963 5,625 1,045 30,175 44,808	Restricted Funds £ 0 0 0 0 0	Total Funds 2023 £ 10,671 10,129 174 26,067
		47,041
23 36,343 1,602 -37,968	0 7 0 7	0 34,707 1,702
		-36,409
6,840 207,018 213,858	-7 43 36	10,632 196,429
		207,061

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

The notes on pages 4 to 9 form part of these financial statements.

Charity No. 274171

AGE CONCERN SHANKLIN GROUP

BALANCE SHEET

YEAR ENDED 31 MARCH 2024

Note FIXED ASSETS Tangible assets 12 CURRENT ASSETS Stocks Debtors 13 Cash at bank and in hand 14 CREDITORS: Amounts falling due within one year 15 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Restricted income funds 16 Unrestricted income funds 17	£ £ 104,771 104,771 200 419 109,104 109,723 -600 109,123 213,894 36 213,858 213,894 2024	2023 £ 107,509
		107,509
		180 409 99,588
		100,177 -625
		99,552
		207,061
		43 207,018
		207,061

These financial statements were approved by the members of the committee on the …………… and are signed on their behalf by:

……………………

The notes on pages 4 to 8 form part of these financial statements.

Charity No. 274171

AGE CONCERN SHANKLIN GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

1 ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the 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 of Ireland (FRS 102) issued on 16 July 2014

the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

and with the Charities Act 2011.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings	-	Nil (Stated at valuation)
Furniture and furnishings	-	15% On written down value
I.T Equipment	-	25% on written down value
Minibus	-	10% On cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2 VOLUNTARY INCOME

VOLUNTARY INCOME	VOLUNTARY INCOME
Unrestricted		Total Funds	Total Funds
Funds		2024	2023
£		£	£
Donations	7,963	7,963	10,671
	7,963	7,963	10,671
INCOMING RESOURCES FROM ACTIVITIES FOR GENERATING FUNDS
Unrestricted		Total Funds	Total Funds
Funds		2024	2023
			£
Outings & holidays	0	0	0
Sundry Income	201	201	2,516
Coffee mornings and fund raising	2,467	2,467	4,161
Raffles and Sales	2,957	2,957	3,452
	5,625	5,625	10,129

3 INCOMING RESOURCES FROM ACTIVITIES FOR GENERATING FUNDS

Charity No. 274171

AGE CONCERN SHANKLIN GROUP

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

4 INVESTMENT INCOME

Unrestricted Total Funds Funds 2024 £ £ Bank interest receivable 1,045 1,045 1,045 1,045 5 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Unrestricted Total Funds Funds 2024 £ £ Lunches, refreshments etc. 25,683 25,683 Minibus receipts 3,497 3,497 Shopping 0 0 Subscriptions 995 995 30,175 30,175 6 COSTS OF GENERATING VOLUNTARY INCOME Unrestricted Total Funds Funds 2024 £ £ Raffles prizes etc. 23 23 7 COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE Unrestricted Restricted Total Funds Funds Funds 2024 £ £ £ Catering costs 32,462 0 32,462 Outings & holidays 0 0 0 Minibus 3,888 0 3,888 36,350 0 36,350	Total Funds 2023 £ 174
	174
	Total Funds 2023 £ 22,161 2,681 0 1,225
	26,067
	Total Funds 2023 £ 0
	Total Funds 2023 £ 31,873 0 2,834
	34,707

AGE CONCERN SHANKLIN GROUP

Charity No. 274171

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

8 GOVERNANCE COSTS

Accountancy fees Merchant Fees Telephone (net of collections) Printing, postage and stationery Sundry expenses 9 NET OUTGOING RESOURCES FOR THE This is stated after charging: Depreciation 10 STAFF COSTS AND EMOLUMENTS Wages and salaries	Unrestricted Funds £ 600 39 648 157 158 1,602 YEAR	Total Funds 2024 £ 600 39 648 157 158 1,602 2024 £ 2,738 2024 £ 7,693	Total Funds 2023 £ 625 49 648 129 251
			1,702
			2023 £ 2,700
			2023 £ 7,504

Particulars of employees:

The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows:

Number of production staff (Chefs)	2024 1	2023 1

11 TRANSACTIONS WITH TRUSTEES

No remuneration directly or indirectly out of the funds of the charity was paid or payable to any Trustee or to any person or persons known to be connected with them.

AGE CONCERN SHANKLIN GROUP

Charity No. 274171

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

12 TANGIBLE FIXED ASSETS

Fixtures & Fittings £ 36,828 0 0 36,828	I.T Equip 720 0 0 720	Motor Vehicles £ 25,609 0 0 25,609	Total £ 161,105
			161,105
-31,083	-592	-21,921	-53,596
862	32	1,844	2,738
-31,945	-624	-23,765	-56,334
4,883 5,745	96 128	1,844 3,688	104,771
			107,509

All fixed assets are shown at cost with the exception of the freehold property which is shown at vacant possession value of £90,000 as assessed by Tolfrey and Flatt, Chartered Surveyors in 1994 together with the cost of the kitchen upgrade of £7,948 in 2000/2001. The Trustees are not aware of any material change in this valuation.

13 DEBTORS

13 DEBTORS
Prepayments 14 CASH AT BANK AND IN HAND	2024 £ 419	2023 £ 409

Instant Savings No 1 Restricted Funds account Bank current account Cash in hand	2024 £ 15,000 88,000 6,019 85 109,104	2023 £ 11,500 82,500 5,519 69
		99,588

AGE CONCERN SHANKLIN GROUP

Charity No. 274171

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

15 CREDITORS: Amounts falling due within one year Accruals 16 RESTRICTED INCOME FUNDS Balance at 01/04/23 £ Age Concern England grant for disabled access expenditure 43 17 UNRESTRICTED INCOME FUNDS Balance at Incoming 01/04/23 Resources £ £ General Purposes Fund 39,032 0 39,032 0 General Funds 167,986 6,840 207,018 6,840 18 ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible fixed assets Investments £ £ Restricted Income Funds: Age Concern England grant for 36 0 disabled access expenditure Unrestricted Income Funds: Designated Funds (note 17) General Funds 104,735 0 104,771 0	2024 £ 600 Outgoing Resources £ -7 Transfers £ 0 0 0 0 Net current assets £ 0 109,123 109,123	2023 £ 625
		Balance at 31/03/24 £ 36
		Balance at 31/03/24 £ 39,032
		39,032 174,826
		213,858
		Total £ 36 213,858
		213,894

AGE CONCERN SHANKLIN GROUP

Charity No. 274171

MANAGEMENT INFORMATION

YEAR ENDED 31 MARCH 2024

The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on page 1.

Charity No. 274171

AGE CONCERN SHANKLIN GROUP MANAGEMENT INFORMATION YEAR ENDED 31 MARCH 2024

INCOMING RESOURCES
VOLUNTARY INCOME
Donations
Legacies
Warm Space grant
Other Grants
ACTIVITIES FOR GENERATING FUNDS
Coffee mornings and fund raising
Raffles and Sales
Sundry income
Outings & holidays
INVESTMENT INCOME
Bank interest receivable
INCOMING RESOURCES FROM
CHARITABLE ACTIVITIES
Lunches, refreshments etc
Minibus receipts
Games/Activities
Subscriptions
TOTAL INCOMING RESOURCES

2024
2023
£
£
3,963
4,310
0
0
2,000
1,500
2,000
4,861
7,963
10,671
2,467
4,161
2,957
3,452
201
2,516
0
0
5,625
10,129
1,045
174
1,045
174
25,683
22,161
3,497
2,681
0
0
995
1,225
30,175
26,067
44,808
47,041

Charity No. 274171

AGE CONCERN SHANKLIN GROUP

MANAGEMENT INFORMATION

YEAR ENDED 31 MARCH 2024

RESOURCES EXPENDED COSTS OF GENERATING VOLUNTARY INCOME Raffle prizes etc. CHARITABLE ACTIVITIES Catering - Opening stock Purchases Closing stock Outings costs & holiday costs Staff costs - Wages & salaries Rates & water Light & heat Repairs & maintenance Insurance Cleaning Minibus expenses Game and Activity costs Cost of eggs Depreciation GOVERNANCE COSTS Accountancy fees Merchant Charges Telephone(net of collections) Printing, postage and stationery Sundry expenses TOTAL RESOURCES EXPENDED NET (OUTGOING) INCOMING RESOURCES FOR THE	180 8,126 -200 YEAR	2024 £ 23 8,106 0 7,693 1,828 4,822 3,523 258 485 3,888 1,829 1,180 2,738 36,350 600 39 648 157 158 1,602 37,975 6,833	2023 £ 0
			0 6,915 -180
			6,735
			0 7,504 1,631 5,950 4,296 826 117 2,834 2,114 0 2,700
			34,707
			625 49 648 129 251
			1,702

			36,409
			10,632