2021-03-31-accounts - Age Concern Kingston Upon Thames

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		Page
Report ofthe Trustees	1	to	14
Report ofthe Independent Auditors	15	to	18
Statement ofFinancial Activities		19
Statement ofFinancial Position		20
Statement ofCash Flows		21
Notes tothe Statement of Cash Flows		22
Notes tothe Financial Statements	23	to	36
Detailed Statement of Financial Activities	37	to	39

					2021	2020
			Unrestdicted	Restricted	Total	Total
		Notes	funds 6	funds f	funds	fundsI
INCOME AND ENDOWMENTS Donations and legacies	FROM		63,316	3,800	67,116	35,267
Charitable activities Kingston Day &Transport Services Kingston Information, Advice &Advocacy Kingston Community Services Kingston Community Furniture Reigate &Banstead Community Centres			558,207 94,216 740,236 196,804	190,120	558,207 94,216 930,356 196,804	682,266 90,000 757,522 216,547 628,463
Other trading activities Investment income			101,073		101,073	12,300 114,322
Total			1,753,852	193,920	1,947,772	2,536,687
EXPENDITURE ON
Charitable activities Kingston Day &Transport Services Kingston Information, Advice &Advocacy Kingston Community Services Kingston Community Furniture Reigate &Banstead Community Centres			388,083 85,311 862,274 226,375	201,458	388,083 85,311 1,063,732 226,375	773,329 87,436 1,001,365 281,480 791,816
Total			1,562,043	201g458	1 763~501	2,935,426
Net gains/(losses) on investments			135,379		135,379	(98,172)
NET INCOME/(EXPENDITURE)			327,188	(7,538)	319,650	(496,911)
Transfers between funds		22	11,517	(11,517)
Net movement in funds			338,705	(19,055)	319,650	(496,911)
RECONCILIATION OF FUNDS
Total funds brought forward			3,795,181	41,172	3,836,353	4,333,264
TOTAL FUNDS CARRIED FORWARD			4,133,886	22,117	4,156,003	3,836,353

			2021	2020
		Notes	f	6
FIXEDASSETS Intangible assets Tangible assets		13 14	72,303 1,476,460	123,258 1,494,733
Investments Investments		15	1,040,227	893,188
Investment property		16	1,135,000	1,135,000
			3~723990	3)646 179
CURRENT ASSETS
Stocks		17	1,000	1,000
Debtors		18	89,790	169I289
Cash at bank			511,655	270,340
			602,445	440,629
CREDITORS
Amounts falling due	within one year	19	(170,432)	(250,455)
NET CURRENT ASSETS			432,013	190,174
TOTAL ASSETSLESSCURRENT LIABILITIES			4,156,003	3,836,353
NET ASSETS			4,156,003	3,836,353
FUNDS		22
Unrestricted funds: General fund Revaluation reserve Building development Transformation Fund Fair value reseiye	reserve		1,353,504 182,064 1,150,000 580,000 868,318	1,600,178 182,064 700 000 580,000 732,939
			4,133,886	3,795,181
Restricted funds			22,117	41,172
TOTAL FUNDS			4,156,003	3,836,353

	Notes	2021I	2020I
Cash flows from operating activities Cash generated from operations	1	160,902	(630,572)
Net cash provided by/(used in) operating	activities	160,902	(630,572)
Cash flows from investing activities Purchase of intangible fixed assets Purchase of tangible fixed assets Purchase of fixed asset investments Sale offixed asset investments Interest received		(9,000) (99,541) 87,881 1,496	(23,973) (1,990) (87,642) 575,712 1,122
Dividends received Rents received on investment property		24,905 74,672	38,528 74,672
Net cash provided by investing activities		80,413	576,429
Change in cash and cash equivalents the reporting period	in	241,315	(54,143)
Cash and cash equivalents at the beginning ofthe reporting period		270,340	324,483
Cash and cash equivalents atthe end of the reporting period		511,655	270,340

	RECONCILIATION OF NET INCOME/(EXPENDITURE)	RECONCILIATION OF NET INCOME/(EXPENDITURE)	RECONCILIATION OF NET INCOME/(EXPENDITURE)	RECONCILIATION OF NET INCOME/(EXPENDITURE)	TO NET CASH FLOW	TO NET CASH FLOW	FROM OPERATING	FROM OPERATING
	ACTIVITIES
							2021I	2020I
	Net income/(expenditure) for the reporting Statement ofFinancial Activities)			period	(as per the		319,650	(496,911)
	Adjustments for: Depreciation charges (Gain)/losses on investments Loss on disposal of fixed assets Interest received						78,228 (135,379) (1,496)	85,354 98,172 1,004 (1,122)
	Dividends received						(24,905)	(38,528)
	Rents received on investment Decrease in stocks	property					(74,672)	(74,672) 1,000
	Decrease/(increase) in debtors Decrease in creditors						79,499 (80,023)	(42,724) (162,145)
	Net cash provided by/(used		in) operations				160,902	(630,572)
2.	ANALYSIS OF CHANGES IN		NET FUNDS
					At	1/4/20 6	Cash flow I	At 31/3/21 I
	Net cash Cash at bank				270,340		241,315	511,655
					270,340		241,315	511,655
	Total				270,340		241,315	511,655

Intangible fixed assets
Software development costs	-25% on cost
Tangible fixed assets Computer equipment	-33.3%on cost.
Motor vehicles	-20.0%on cost.
Furniture and equipment	-12.5% ik 20%on cost.
Short Leasehold	-20%on cost.

			2021 6	2020I
Donations			52,761	33,933
GiR aid				334
Legacies			14,355	1,000
			67,116	35,267
OTHER TRADING ACTIVITIES
			2021I	2020
Fundraising Sale ofdonated		goods		9,037 3,263
				12,300
INVESTMENT		INCOME
			2021	2020
			6	6
Rents received			74,672	74,672
Dividends	receivable		24,905	38,528
Deposit account		interest	1,496	1,122
			101,073	114,322

INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES
Included in charitable activity income is the following income:			2021	2020
			I	6
Contract income:
Royal Borough of Kingston upon Thames
Delivery ofServices That Promote Resilience and Social
Connectedness (Outcome 2) Kingston Day and Transport Services Kingston Information, Advice and Advocacy Kingston Community Services			360,192 80,000 137,869	350,192 90,000 137,869
			578,061	578,061
Royal Borough of Kingston upon Thames Befriending and Social Engagement Project Safe and Connected Pilot Kingston Community Furniture Covid 19Response			25,000 45,000 28,570	25,000 10,000 45,000
Kingston Clinical Commissioning Group Dementia Development Community Connectors			136,119	13,270 218,700
Reigate and Banstead Borough Council Community Centres Management Contract				222,000
Total contract income			812,750	1,112,031
Grant income:
Government Grants - Covid 19Job Retention	Scheme		229,734
The National Lottery Community Fund - RC London and		South East Region	96,952
(restdcted) Royal Borough of Kingston upon Thames - Local Restdctions Grant City Bridge Trust - Covid 19Support - Waves 1and 2 Grants (restricted) Kingston Clinical Commissioning Group - Covid 19Support Grant The National Lottery Community Fund - FANS Project Grant (restricted) Other Grants Handyperson (restricted) Banstead Committee Transport Support Grant Royal Borough of Kingston upon Thames - Emergency Support Grant Santander Volunteer Grant			89,119 53,126 9,906 40,042 10,000	14,260 21,045 10,000 18,708 16,817 1,666
Total grant income			528,879	82,496
Services income from: Kingston Day and Transport Services Kingston Community Services Kingston Community Furniture Reigate and Banstead Community Services			35,449 270,874 131,631	332,072 288,897 171,547 387,755
Total services income			437,954	1,180,271
Total income from charitable activities			1,779,583	2,374,798

				Support
			Direct	costs (see
			Costs f	note 8) f	Totals
Kingston	Day &Transport Services		228,212	159,871	388,083
Kingston Advocacy Kingston Kingston	Information, Community Community	Advice & Services Furniture	54,490 691,363 176,472	30,821 372,369 49,903	85,311 1,063,732 226,375
			1,150,537	612,964	1,763,501
SUPPORT COSTS
				Governance
			Overheads f	costs f	Totals f
Kingston Kingston Kingston Kingston	Day &Transport Services Information, Advice &Advocacy Community Services Community Furniture		157,996 30,461 367,979 49,318	1,875 360 4,390 585	159,871 30,821 372,369 49,903
			605,754	7,210	612,964
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting);
				2021	2020
				f	f
Auditors'	remuneration			5,150	5,000
Auditors'	remuneration	for non audit work		2,060	1,120
Depreciation - owned assets Development costs amortisation Operating lease - property rent				27,273 50,955 29,000	40,979 44,375 47,000

STAFF COSTS
					2021	2020I
Wages and saladies Social security costs Other pension costs					1,083,'l21 66,672 132,885	1,727,464 110,036 165,147
					1,282,978	2,002,647
The average monthly number	of employees		during the year was as follows:
					2021	2020
Management Staff					4 69	4 112
					73	116
The number ofemployees whose employee			benefits (excluding	employer pension	costs) exceeded	160,000 was:
					2021	2020
560,001 - 170,000 170,001 - 680,000					I I	I
Based on full-time equivalent	- Management		4 (2020: 4), Staff	46 (2020: 85)
COMPARATIVES FOR THE	STATEMENT		OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				funds 6	funds I	fundsI
INCOME AND ENDOWMENTS		FROM
Donations and legacies				32,267	3,000	35,267
Charitable activities
Kingston Day &Transport Services Kingston Information, Advice &Advocacy Kingston Community Services Kingston Community Furniture Reigate &Banstead Community Centres				682,266 90,000 726,477 216,547 628,463	31,045	682,266 90,000 757,522 216,547 628,463
Other trading activities Investment income				12,300 114,322		12,300 114,322
Total				2,502,642	34,045	2,536,687
EXPENDITURE ON
Charitable activities
Kingston Day &Transport Services Kingston Information, Advice &Advocacy Kingston Community Services Kingston Community Furniture Reigate &Banstead Community Centres				773,329 87,436 929,081 281,480 791,816	72,284	773,329 87,436 1,001,365 281,480 791,816
Total				2,863,142	72,284	2,935,426

12.	COMPARATIVES	FOR THE STATEMENT OF	FINANCIAL	ACTIVITIES -continued	ACTIVITIES -continued
				Unrestricted	Restricted	Total
				funds	funds	funds
					E	E
	Net gains/(losses)	on investments		(98,172)		(98,172)
	NET INCOME/(EXPENDITURE)			(458,672)	(38,239)	(496,911)
	RECONCILIATION OF FUNDS
	Total funds brought forward			4,253,853	79,411	4,333,264
	TOTAL FUNDS CARRIED FORWARD			3,795,181	41,172	3,836,353
13.	INTANGIBLE FIXED ASSETS
						Developme
						costs
	COST
	At 1 April 2020 and	31 March 2021				203,817
	AMO RTISATI ON
	At 1 April 2020					8D,559
	Charge for year					50,955
	At 31 March 2021					131,514
	NET BOOKVALUE
	At 31 March 2021					72,303
	At 31 March 2020					123,258
14.	TANGIBLE FIXED-ASSETS
				Fixtures
		Freehold	Short	and	Motor
		property	leasehold	fittings	vehicles	Totals
		E	E	E	E	E
	COST
	At 1April 2020	1,450,000	12,080	225,280	73,593	1,760,953
	Additions				9,000	9,000
	At 31 March 2D21	1,450,000	12,080	225I280	82,593	1,769,953
	DEPRECIATION
	At 1 April 2020		7,439	208,438	50,343	266,220
	Charge for year		2,024	11,428	13,821	27,273
	At 31 March 2021		9,463	219,866	64,164	293,493
	NET BOOK VALUE
	At 31 March 2021	1,450,00D	2,617	5,414	18,429	1,476,460
	At 31 March 2020	1,450,000	4,641	16,842	23,250	1,494,733

FIXEDASSETINVESTMENTS
	Listed
	investments
	E
MARKET VALUE
At 1 April 2020	893,188
Additions	99,541
Disposals Revaluations	(69,265) 116,763
At 31 March 2021	1,040,227
NET BOOK VALUE
At 31March 2021	1,040,227
At 31March 2020	893(188

FAIR VALUE
At 1April 2020 and 31 March 2021	1,135,000
NET BOOK VALUE
At 31 March 2021	1,135,000
At 31 March 2020	1,135,000

STOCKS
									2021	2020
									I	I
Stocks									1,000	1,000
Stock comprises	furniture			for resale held at Kingston			Community	Furniture.
DEBTORS:AMOUNTS				FALLING DUE WITHIN ONE YEAR
									2021	2020
									6	6
Trade debtors									42,676	84,498
Other debtors									9,819	34,680
Prepayments and		accrued			income				37,295	50,111
									89,790	169,289
CREDITORS: AMOUNTS					FALLING DUE WITHIN		ONE YEAR
									2021	2020
									6	6
Trade creditors									43,081	77,629
Social security and		other		taxes					14,098	24,866
VAT									2,528	274
Other creditors									10,187	23,269
Pensions									12,109	17,100
Deferred income									22,042	38,241
Accrued expenses									66,387	69,076
									170,432	250,455
Deferre~dI Cggte Balance at 1 April		2020							38,241	196,134
Amounts released		to	incoming			resources			(28,241)	(186,134)
Amounts reclassified Amounts deferred in			in the year the year						(10,000) 22,042	28,241
Balance at 31 March			2021						22,042	38,241

Minimum lease payments under non-cancellable operating	leases fall due as follows:
	2021	2020
	6
Within one year Between one and five years	13,170	65,400 13,310
	13,170	78,710

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		6	6	6	6
Fixed assets		1,548,763		1,548,763	1,617,991
Investments		2,175,227		2,175,227	2,02e,tee
Current	assets	580,328	22,117	6D2,445	440,629
Current	liabilities	(170,432)		(170,432)	(250,455)
		4,133,886	22,117	4,156,003	3,836,353

	Comparatives	for	net	assets betw	een funds
						Unrestricted	Restricted	2020
						funds	funds	Total funds
						I	I	6
	Fixed assets					1,617,991		1,617,991
	Investments					2,028,188		2,028,188
	Current assets					399,457	41,172	440,629
	Current liabilities					(250,455)		(250,455)
						3,795,181	41,172	3,836,353
22.	MOVEMENT	IN	FUNDS
							Net	Transfers
							movement	between	At
						At 1/4/20 I	in funds I	funds I	3I/3/21 I
	Unrestricted	funds
	General fund					1,600,178	191,809	(438,483)	1,353,504
	Revaluation	reserve				182,064			182,064
	Building development			reserve		700,000		450,000	1,150,000
	Transformation Fund					580,00D			580,000
	Fair value reserve					732,939	135,379		868,318
						3,795,181	327,188	11,517	4g1331886
	Restricted	funds
	Kingston Nursing		Association			3,000	3,800		6,800
	Handyperson					10,000	(10,000)
	Transport Services					4,856	(4,856)
	Magic Table					2,271			2,271
	The National	Lottery		Community	Fund
	(FANS project)					21,045	3,518	(11,517)	13,046
						41,172	(7,538)	(11,517)	22,117
	TOTAL FUNDS					3,836,353	319,650		4,156,003

					Incoming	Resources	Gains and	Movement
					resources I	expended	losses I	in funds I
Unrestricted funds
General fund					1,753,852	(1,562,043)		191,809
Fair value reserve							135,379	135,379
					1,753,852	(1,562,043)	135,379	327,188
Restricted funds
Kingston Nursing Association					3,800			3,800
Handyperson						(10,000)		(10,000)
Transport Services						(4,856)		(4,856)
The National Lottery		Community		Fund
(FANS project)					40,042	(36,524)		3,518
The National Lottery		Community		Fund - RC
London and South	East Region				96,952	(96,952)
City Bridge Trust -	London		Community
Response Fund					53,126	(53,126)
					193,920	(201,458)		(7,538)
TOTAL FUNDS					1,947,772	(1,763,501)	135,379	319,650
Comparatives for		movement		in funds
						Net	Transfers
						movement	between	At
					At I/4/19	in funds	funds	3I/3/20
					I	I	I
Unrestricted funds
General fund					1,933,872	(343,466)	9,772	1,600,178
Revaluation reserve					182,064			182,064
Building development		reserve			183,650	(4,855)	521,205	700,000
Transformation Fund					1,000,000		(420,000)	580,000
Fair value reserve					954,267	(110,351)	(110,977)	732,939
					4,253,853	(458,672)		3,795,181
Restricted funds
Kingston Nursing Association						3,000		3,000
Handyperson					30,000	(20,000)		10,000
Transport Services					4,856			4,856
Magic Table					19,416	(17,145)		2,271
Social Investment	Business		Grant		25,139	(25,139)
The National Lottery		Community		Fund
(FANS project)						21,045		21,045
					79,411	(38,239)		41,172
TOTAL FUNDS					4,333,264	(496,911)		3,836,353

Comparative net	mov	ement in fu	nds, include	d in the above are	as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				6	6	6	6
Unrestricted funds
Generalfund				2g502g642	(2,858,287)	12,179	(343,466)
Building development Fair value reserve		reserve			(4,855)	(110,351)	(4,855) (110,351)
				2g502,642	(2,863,142)	(98,172)	(458,672)
Restricted funds
Kingston Nursing	Association			3,000			3g000
Handyperson				10,000	(30,000)		(20,000)
Magic Table Social Investment	Business Grant				(17,145) (25,139)		(17,145) (25,139)
The National Lottery		Community	Fund
(FANS project)				21,045			21,045
				34,045	(72,284)		(38,239)
TOTAL FUNDS				2536687	(2g935g426)	(98,172)	(496,911)