REGISTERED CHARrrY NUMBER 518442 AGE CONCERN EASTWOOD FINANCIAL STATEMENTS FOR 31 MARCH 2024 PELLS CHARTERED ACC 1 Derby Road Eastwood Nottingham NG18 3PA UNTANT
AGE CONCERN EASTWOOD FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 CONTENTS PAGES The Trustees, report 1to2 Independent examinerfs report to the Trustees 3to4 Income and expenditure account Statement of assets and liabilities Notes to the financial statements
Pag• 1 AGE CONCERN EASTWOOD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2024 Full name Age Concern Ea8trHood Other namos by whlGh the charlty Is known The Colin Dy80n Centre Rag18tsr charlty number 518442 Prlnclpal address The Colin Dyson Cenlre, Eastwood Road, Eastwood, Nottinghamshire NG16 3EU Trustees M Handley, Chairperson J Marsters, Trea8urer J Cooke, Secretary A Longdon Ind•p•nd•nt •xamlnor Mark Burnell, of Pells Chartered Accountants, 1 Derby Road, Ea8tsvood, Nottingham, NG16 3PA Governance and managomont The clwity is operated under the rule8 of ts constttution adoptsd 12th January 1984 and m08t recently amended 318t July 2009. N8W trustees fill in an application fonn, followed by a no obligation invitalion to meèting. During thi8 visft, th6 Potential IrLtee will be asked what helshe can b to the group, and any special skills which may be useful. Existing trustees can take a vote on whether to accept the application. ObJ•ctIV and aetlvltlas The objective of the charity 18 to promote the welfare of old people and the elderly In Eashyood and district in any manner which is now or hereafter rnay b8 deemed by law to be charitable. PubllG benefit 8tatsmont The Trustees confirm that Ih&y have corn18d with tho duty in section 4 of tho Charities Act 200610 have due regard to the Charity Commission's general guidance on public benefit, 'Charitie8 and Public Benefft,. The charlty's pollcy on rOrvo8 Our fomal policy on reserves is to keep sutent money available to cover six months running costs, equivalent to around £24,000. We have the pandemic and apart from two weeks opening in October 2020 have been closed for sixteen months. This does affed our reserves considerable as since reopening in June 2021 we havo run at a Cor Wé wer8 fortunate to receive a very generous legacy a deceased client's estate We have used over £25,CQO of the legacy bringing our facilities up to date, particularly the toilet
AGE CONCERN EASTWOOD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2024 areas whiGh previou81y offered little in the way of prNacy and dignty. We have had installed a suspended ceiling with new lighting; more electrical Work; redecoration; a new condensing boiler and more. We are currently looking at ar8as where we might make the money we have work hard8r for us, but this 18 difficult with th8 low intere81 rates presently on offer. Slgned on behalf of the charity's trustees:
Pag• 3 AGE CONCERN EASTWOOD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE CONCERN EASTWOOD YEAR ENDED 31 MARCH 2024 I report on the accounts of the Trtt for the y¢ar ended 31 March 2024 comprising the Income and ExpKnditure Accoun( the Statement of Assets and Liabilities and the relat notes I to 6 set out on page 8. Re8pectlve rngpoDBlbU1tl of the Trnjteu and eLqmlller The Charity's Trustees are responsible for the preparation of the financial statements. The Charity's TTUSte¢s consider that an audit is not required for this year under section 14411) of the Charities Act 2011 (the Chariiies Act) and that an independent eMmAnation is needed. It is my responsibAlity to: examine the aOUnts under section 145 of the Chariti¢s Act; to follow the procedures laid down in the General Directions given by the Charity Commission under 5tion 145(SXb) of the Charities Act: and io state whether particular matters have come to my attention. BAJi8 of independent examiner'8 Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the a¢countin8 reC(d5 kept by the Charity and comparison of th¢ a¢Unts prcs¢nt¢d with th08e r¢¢ords. It also inclu(ks considerntion of any unusual items or disclosur¢s in th¢ accounts, and se¢kin8 explanations from you as Truste¢s c4)llL%rning any such matters. The wocedures undertaken do not provide all the evidence tt would be rquirnl ID an audit and nsequentlY no opinion is gtv¢n as to whether the accounts present a 'tsu¢ and fair. view and the report is limited to those matters set out in the statement below. Ind•pendent ¢xaminer'8 1tAtement In connection with my examination. no matter has come to my attention: l. which gives me reasonable caus¢ to l1¢Y¢ that ID any matsria] r¢sp¢ct th¢ requiremts. to keep accounting re¢ords in accordanc¢ with sKtion 130 of th¢ Charities Act; and to prepare accounts which accord with th¢ a¢¢ounting Te¢ords and to comply with the accounting rull¢M¢nts of the Charities Act have not been met. or 2. to which in my opinion, attention should be drawn in order to enable a proper undeA3tandin8 of the aounts to b¢ reached. ROBERT BROWN
AGE CONCERN EASTWOOD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE CONCERN EASTWOOD YEAR ENDED 31 MARCH 2024 For and on behalf of: PELLS CHARTERED ACCOUNTANTS l Derby Road Eastwood Nottingham NG163PA
P•g• S AGE CONCERN EASTWOOD INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2024 2024 2023 COME Activities & trips Bank interest Bingo Fundraising Grants & donations Meals & drinks Transport Rents received Sundry receipts Miscellaneous receipts Total ineome 840 2,172 3,911 IlJ61 27232 7,731 502 ,143 17214 33238 11257 502 71,194 53,749 Activities & trips Bank charges Bin80 expenses Cl¢aning Entertainment & gitlg Equipment. repairs & renewals Insurance Li¢¢n¢¢s Meals & Caterin8 Training costs Payroll costs Printing & ststionery RrUItment Rent & Servic¢s Telephone GAfts and Celebrations Utilities Volunteer mileage Wages Sundry payrn¢nts Transport costs Website design 695 680 62 857 292 1,785 3,199 560 882 8.420 134 1,730 10.024 614 10.076 150 600 33 5,529 612 498 36 215 4.223 1,034 25.624 114 15.045 360 165 26,624 234 20,145 Total payments 70,409 OPERATING PROFITI (DEFICM (12,714) (16,660) Cash fimLts at start of this peri 82a70 99.030 Ch funds at eod of thi4 Pe0d 69h55 82,370 The notm on pag• 8 f<xm part of th•80 financlal 8tat•m•nt•.
Pag¢ 6 AGE CONCERN EASTWOOD STATEMENT OF ASSETS AND LIABILITIES YEAR ENDED 31 MARCH 2024 CASH ASSETS 2024 70,126 11 2023 82,425 59 Bank accounts Cash accounts Other monetary assets Deferred Income. Broxtowc Borough Council Grant 2024 2023 Liabllltles Accruals Other creditors 2024 2023 122 114 Assets retslned for the ¢h*rity'8 own u Floorin& purchased 201 l. cost £6,480. Toilet blocK PUTchased 2011, cost £13,752. Cooker, purchased 2013, cost £1,492. Suspen1 ceiling and lighting, purcha5¢d 2016, wst £5,145 Dishwash¢r, purchased 2018, cost £1,932 Seatin& purchased 2019, LY)St £2,000 Seating purchased 2023, cost £672 Walkers New Cook¢r 2024 - cost £6804.64 New Hot Cupboard 2024 - cost £440.40 These fuwicAal ststements are accepted on behalf of the Charity by.. Signed Cllrjm Dated The note• on page 8 forni part of thM• fimncial •tatoments.
Page 7 AGE CONCERN EASTWOOD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Income and eXnSeS accounts contsin a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually. cash received and cash spent will include transactions throu8h bank accounts and cash in hand. GRAwfs & DONATIONS 2024 2023 Unre8trieted Restrieted Total Total Nottingham County Council - LIS fid Broxtowe Borough Council Eastwood Town Council Nottingharnshire County Council- Divisional Sundry donations Nottingham County Council - Covid rescue Awards for all 5,150 500 5,150 500 500 1,500 2214 2,214 0 9850 8800 9850 17 714 10 800 FUNDS ANALYSIS Opening Jneome Expenses Closlng Balance Balanee Re8tri¢ted Funds Computer & Craft Class Ftmd (BAF) Nottingham County Council -LIS fund Age UK- Publicity Nottingham County Council - Covid rescue Awards for all - Transport 2089 174 12J45 2889 174 12J45 50 25258 15,498 9050 Unrejtrleted Funds General fund 68 72 68872 61 61J44 71 71J56 58.660 Total Funds 84 70 TRUSTEES, REMUNERATION No remuneration is paid to the Trustees, CREDrroRS: Amounts falllng due witbln one year 2024 2023 PAYE Total Creditors 122 122 114 114