REGISTERED CHARITY NUMBER $18442 AGE CONCERN EASTWOOD FINANCIAL STATEMENTS FOR 31 MARCH 2022 PELLS CHARTERED ACCOUNTANT 1 Dert)y Road Eastwood Nottingham NG16 3PA
AGE CONCERN EASTWOOD FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 CONTENTS PAGES Tha Truslees, report Independent examiner's report to the Trustees Income arKI expenditure account 1to2 3to4 Statement of assets and liabilities Notes to the financial statements
Page I AGE CONCERN EASTWOOD TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2022 Full nam• Age Concem EastWOCyJ Oth?r names by which the charlty18 known The Colin Dyson Centre R•gl8terod charity numb•r 518442 Prlnclpal addrnsa The Colin Dyson Centre, Edward Road, Easood, Nottinghamshire NG16 3EU Trustses M Handley, Chairperson A Longdon Vice Chairperson J Marsters, Treasurer J Cooke, Secretary Independent examiner Mark Burnell, of Pells Chartered Accountants, 1 Derby Road, Eastwood, Nottingham, NG16 3PA Governance and managemont The charity is operated under the rules of its constitution adopted 12th January 1984 and most recently amended 31st July 2009. New trustses fill in an application form, followed by a no obligation invitation to a meeting. During this vislt, the potential trustee will be asked what helshe can brin9 to the group, and any special skills which may be useful. Existing trustees can then take a vote on whether to acpt the application. ObJoctlve8 and actlvitiès The objective of the charty is to promote the welfare of old people and the elder in Eastwood and district in any manner which is now or hereafter may be deemed by law to be charitable. Public beneflt statsment The Trustees confinn that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefft. 'Charities and Public Benefiv. Tho charity's pollcy on r•8erv•s Our fonnal policy on reserves is to keep SLrfficient money available to Gover six months of running costs, equivabent currently to around £30,000. We had the pandemic and reopened in June 2021 having been closed for sixteen months. This does affect our resen8 greatly as since reopening have run at a considerable loss from a drop in service user numbers due to closure, fear of the pandemic and understandable caution. This has meant that our income losses prompted the search for Covid Recovery grant assistan.
Page 2 AGE CONCERN EASTWOOD TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2022 History We were fortunate to re1ve a very generous legacy from a deceased client's estate some years back. We have used over £25,000 of the legacy bringing our facilrties up to date, particularly the toiSet areas which previously offered little in the way of prtvacy and dignity. We have had installed a suspended Ceiling with new lightin9', more eleGtrical work. redecoration. a new condenslng boiler arKt more. We are currently looking at areas where we might make the money we have Work harder for us. but this is difficult with the low interest rates presently on offer. Signed on behalf of the charitys trustees: Chairperson:........ Treasurer: ....... .... ..Date: ..ia .).!.a3
Pago 4 AGE CONCERN EASTWOOD INDEPENDENT EXAMIP4ER'S REPORT TO THE TRUSTEES OF AGE CONCERN EASTWOOD YEAR ENDED 31 MARCH 2022
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| Activities 4trips |
| Bank charges |
| Bingo expenses |
| Cleaning Ente~ent 4, giYts |
| Equipment, repairs k, renewals |
| Insurance |
| Licences |
| Meals 4 Catering |
| Payroll costs |
| Printing 8r. Stationery |
| Recruitment |
| Rent4 Services |
| Telephone |
| Tl'alnlng |
| Utilities |
| Volunteer mileage |
| Wages |
| Sundry payments |
| Transport costs |
| Website design |
Page 6 AGE CONCERN EAS7WOOD STATEMENT OF ASSETS AND LIABILITIES YEAR ENDED 31 MARCH 2022 CASH ASSETS Bank accounts Cash accounts 2022 99228 2021 84,580 163 84,743 99228 Otber monetary assets Deferred Income: Broxtowe Borough Council GTant 2022 2021 Liabilities Accruals 2022 198 2021 Assets retAined for the clArity's own use Flooring, purchas¢d 2011, cost £6,480. Toilet blocK purchased 2011, ¢0# £13,752. Cooker, pur¢hased 2013. wst £1,492. Suspended ceiling and lightin& purchased 2016, ¢ost £5,145 Dishwasher. purchased 2018, cost £1.932 Seatin& Purchased 2019. cost £2.000 These financial statements aTe accepted on half of the charity by: SigELed Cl]r J Marster4 T Dated ia. 11. Th• nthB ¢)n pAgo 8 fomi part of lJw8¢ flnanclal statemts.
Page 7 AGE CONCERN EASTWOOD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 AccoiINfiNG POLICtES Income and expenses accounts contain a surnmary of money tEceived and money S0t durlng the period and a list of assets and liabiltties at the end of the peri(Kl. Usually, c&sh received and cash spent will includ¢ tranwtions through bank &¢wunts and cash in h8nd. GRANTS & DONATIONS 2022 2021 Unrestricted R¢stri¢ted Total Total Nottingham County Council - LIS fund Broxtowe Borough Council Eastwood Town Council Nottingharnshire County Council- Divisional Sundry donations Nottingharn County Council - Covid rescue Age UK IOW 10,500 10,500 9,lJ(A) 9,(M)O 9,0 1,000 2,058 I,1)00 4,150 2,058 28,140 28,140 12,058 38 0 $0,698 23,650 3. FUNDS ANALYSIS Openlng Income Expenses Closing BalAnce Balance Restricted Funds Computer & Craft Class Fund (BAF) Nottingham County Council -LIS fimd Age UK- Publicity Nottingham County Council- Covid rescue 90 18,896 400 io 12,810 226 16,586 174 1&590 35,440 28,140 38,640 22A86 19J86 Unrestricted Fwids General fijnd 65 57 65J57 37 39,153 37J86 39,153 63090 63590 Total Funds 84,743 76,026 61,739 99,030 TRUSTEES, REMUNERATION No remuneration is paid to th¢ Tnte£ CREDTfoRS: Amounts fauillg due within one yr 2022 2021 Independent Examination Total Creditors