Marlow Age Concern a• Gl•l• R••d IA*k7w 8u¢ks SL7 1[) Phon•: 01828 48208) • mail: rnarwa oconcorn tnail.co TRUSTEES, REPORT 2024 STRIICTURE Marlow Age ¢oncern (MAC) 15 an unin¢orprdted charity ¥ov¢rn¢d by a Constitution. the lat¢$t version of which be¢ame effective from I l April 2018. MAC remains an independent and autonomous regislered chartty. A "quality counts" review in 2008 resultcd in our receiving "charity commission endorsed" slalus. Management decisions are made by annually elected oificers and trustees. Day io day Cowordination of activilies is carried out by the Day Centr¢ Manabier. We are n(A &$50ciatrd with AgeUK or any oth¢r orbyanisation. TRIISTEES The pr¢s¢nl trustees are listed on our computerised return. Trustees and otTicers are elected ai the annual g7eneral meding and forni the executive committee which meets ai least quarterly. Once elected, officers become ex-officio memlxrs. Representatives of member organisalions have vote together with volunteers (with more than 2 yeaTS service) who request it, or are COwOPted according to our constitution. ACTIVITIES Th¢ obj¢ctiv¢s of Marlow Age Concern as specified in clause 2 of ow Constilution ar¢ to promote the welfare of the aged in th¢ lown of Marlow and its environs. Day Centre Throughout 2023 wc continued provtding a full mcal TY1¢¢ for our guests on four days ea¢h week. Although w¢ have enougph volunle¢rs. our guest num[5 are nol y¢1 sutTicient for us to increase our s¢rvicc. w)st pMnd¢mi¢, from four to fivc days ¢ach wcck. Phoenix Stroke Club A w¢¢kly me¢ling for $ple recov¢Ting from strokes or wilh other disabling conditions. A physiotherapist provides chair exercises weekly. Speakers and occasional outings ar¢ arrang¢d Minibus Provides trdnswrt for the abov¢ activities and for other chaTiti¢s in Marlow. li has a wwcred tail- lift for wheelchair users All driv¢rs musi hav¢ a clean licen and und¢rgo trainin8. Transport Service Our Transwrt Service offers tranSrt from horne io doctor or hospital aptx)intments for those who are unabl¢ to public transFK)rt. This s¢rvicc is provided by a team of car drivers who use their cars and will wait at the destination for the return home. It is now operating nornially again but numbers of drives are 400/0 dow) compared to pre-tHndemic levels.
IUSKS AND RESERVES As required by SORP. Ihe tntttS CODfirn that they have teviewed tlk financial risks inherent in the alx)ve ottration5 and consi(kn that are fully covered by our in5uranc¢ wlicies. The only factor which might e]Mlanger the kvd of our op¢torks would be an in&bility to recruit sufficient volunteer workers. W¢ are conlinually seeking new volunteers. The net current assets are freely available and amply suificient. FINANCIAL ACCOUNTS The charity is continuing to oprate below full capcity. Following the Pandemic and the temp)rary closure thereafter, Ihe charity is still OpratIng for four days of the week instead of five. Incom¢ from Guc5ts ai £12,457 is nevertheless £ 6,076 higher ihan 2023. Donations amounting in totsl to £6.584 show an increase of £ 604. Pr¢-covid Day Centre guests contributions exceed £20.IK)O and donatiorts exceeded £1 0.000. The ortrating deficit for the year, after charging Depreciaiion of £16.519 is £34.825. Fortunatcly this deficit has been offset by an increase of £17,943 in the market value of Investments. so the fjnal reduction in funds is £16,882. EtTorts are continuing to be made to increase the number of gucsls and also the level of donations in ordcr to bring the ¢han'ty c105cr to a break even operating level again. It is impx)rtant to notc that thanks to the legacies which have been receiv¢d in Prior years the charity is in a p)sition to fund the present level of owating losses. Signed on behalf of th¢ Trustces Geoff Lavers Chaimwi Man'a Davis Jloy<rl April 2025
MARLOW AGE CONCERN STATEMEKfoF FINANCIALAcnvmES FOR THE YEAR TO 31ST DECEMBER 2024 INCOME & pEND[FuRE 2023 FUNDS General Restricted TOTAL TOTAL INCOME Recelpts from users of services Donations Legacies Fund falsing activltles Inetl Note 3 Interest and DivTrdeThds Receivable G)uncil grants 20,991 721 21.712 7.635 I2.1? 295 63 63 TOTAL INCOME EXPENDITURE Catering Premises-maintence. servlces, Insufaiice 4.414 7320 210 4,623 7,320 4.053 7,308 Admln& Ad H¢x Payments 24,480 24,480 22,6f Office Expenses, etc..INote41 Guest Activities Physiol Exercise51 Outings Minibus Oper•tln8 Costs Depreriallon on mlnlbus. equipment & fixtures Redocoratlon 3,785 2,272 5,235 16.519 3,093 1,557 3,162 9.741 2.272 262 4,974 16.497 22 TC)TAL EXPENDITURE NSURPLUs IOEFicm FOR THE YEAR 133.0751 11.750) (34,825 (35,4881 Incfease/lReduciionl In Market Values of Investments 17.943 17.943 40,349 NET MOVEMENTIN FUNDS 115,1321 11,7501 (16,8821 4,861 Fund Balan¢es brought forward from Prior Years Transfer to Pheonix Restricted Fund TOTAL FUNDS AT31 DECEMBER 2024 465.836 I20.11) 57.514 20.C 764 523.350 518.489 523 350
MARLOW AGE CONCERN 8ALAN SFIEEf as at 31ST DECEMBER 2024 2023 AXED A5 Premlses at cost less¥rants (note 51 Minibus at cost Lessaccumulated depreciation 163.n2 163,r22 21.35) 21,39) l.X)3 1,737 Premesis Improvernents Furnr• & equiprrnt at Cost D•prttiaiJon thereon 68.510 23,499 27.488 Inv•strnènts at market value INote 61 TDtsI FiKed Assets 495,311 51S.7 CUAAENT ASSETS Sundry debtors and PTepayrrtTrts COIF Deposit a¢¢ount B•nk current accounts Cash In hand 1,726 1.258 3,737 12S8 9.184 LESS CURHENT LIABILITIES Acctuals TOTAL NET SET5 FUNOS General Ful$ Restricted Fund5 (Not•5 2 & 81 430,420 465,133 TOTAL FUNDS, per p•yl NOTESTO THE ACCOUNTS l. These accounts comply with the accounting fRutionS olth+ Chthttes Att 2011. SORP FRS5E. and the Constltutlon of Marlow AR• Conc•m. 2. There ère two r•Strt+d funds, Phoenix Fund and Mlnlbus Replacement Fund. Thè PhO1X Fufid orlglDalty arose from o le8•cy lelt S9¢811V to the Phoenix iroup. section of th• Charfty to whl¢h has betn added or deducted the op?rationil annuil surpluses ord•ficlts. This fund now amont5 to £4,345. Minibus Fund followin8 an •ddltlons in the ye•r amouftts to £ 71,703. 3. The cost ef AdminI5tration. Ad Hoc payments and Offl Exp•ns•$ In th• Genèral Fund 15 CDnsldered as bdng 95% related to the direct runnin8 of th• céntre 5% to the general adminlstration of the th•rW. 4. No amounts have been paid to anyiwst• tsr r•l•tqd person during the ye•r, othtr than •$ reimburs•mnt5 for purch•ses made by them on beh*1 of the th¥lfy. 5. Prernlse5 are re¢orded at ¢ost of xqui5ilign in 1989. Th• trustées b•ll•v• thit the markel value of the buildini is In excess of £ 750,C 6. Investnts The rnovement and mwket values of the COIF Charrtios Inwstrn•nt Funds w•re as follows= Balan¢• 4$ at 31 Cernber 2023 Wlthdraw•ls 9r the y¢arto fund the operaWon of the charfty M•rkrt yUe Increase 323.843 135,OC()I APPROVED 8Y THE TAU5TEES ANO YGNED OPI THEIR BEHALF Geoffrey Lmrs, thairman Marfa Sttretary G J ILJycf (
Independent examinerfs report on the
accounts
Independent Examiner s Report
R•port to the trtO•S
On accounts for the y•ar
•nded
31° December 2024
Charlty no
(If any)
Sot out on pag••
IncoTh & EXWdire arnj Balano Sh*t (Attached)
I rep to the trustees my examinatKJn of the Unts ofts above
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