REGISTERED CHARITY NUMBER 518442
AGE CONCERN EASTWOOD FINANCIAL STATEMENTS
FOR
31 MARCH 2025
PELLS CHARTERED ACCOUNTANTS
1 Derby Road Eastwood Nottingham NG16 3PA
AGE CONCERN EASTWOOD
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
| CONTENTS | PAGES |
|---|---|
| The Trustees' report | 1 to 2 |
| Independent examiner’s report to the Trustees | 3 to 4 |
| Income and expenditure account | 5 |
| Statement of assets and liabilities | 6 |
| Notes to the financial statements | 7 |
Page 1
AGE CONCERN EASTWOOD
TRUSTEES' ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Full name Age Concern Eastwood
Other names by which the charity is known The Colin Dyson Centre
Registered charity number 518442
Principal address
The Colin Dyson Centre, Eastwood Road, Eastwood, Nottinghamshire NG16 3EU
Trustees
J Banton J Marsters, Treasurer J Cooke, Secretary A Longdon, Chair Robin Bullock, Deputy Chair
Independent examiner
Robert Brown, of Pells Chartered Accountants, 1 Derby Road, Eastwood, Nottingham, NG16 3PA
Governance and management
The charity is operated under the rules of its constitution adopted 12[th] January 1984 and most recently amended 31[st] July 2009.
New trustees fill in an application form, followed by a no obligation invitation to a Meeting with the board of trustees. During this visit, the potential trustee will be asked what he/she can bring to the group, and any special skills which may be useful. Existing trustees can then take a vote on whether to accept the application.
Objectives and activities
The objective of the charity is to promote the welfare of old people and the elderly in Eastwood and district in any manner which is now or hereafter may be deemed by law to be charitable.
Public benefit statement
The Trustees confirm 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 benefit, ‘Charities and Public Benefit’.
The charity’s policy on reserves
Our formal policy on reserves is to keep sufficient money available to cover six months running costs, equivalent to around £24,000. We now keep our reserve fund in an interest bearing account to prevent eroding its value.
Signed on behalf of the charity's trustees:
Page 2
AGE CONCERN EASTWOOD
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE CONCERN EASTWOOD
YEAR ENDED 31 MARCH 2025
I report on the accounts of the Trust for the year ended 31 March 2025 comprising the Income and Expenditure Account, the Statement of Assets and Liabilities and the related notes 1 to 6 set out on page 8.
Respective responsibilities of the Trustees and examiner
The Charity’s Trustees are responsible for the preparation of the financial statements. The Charity’s Trustees consider that an audit is not required for this year under section 144(1) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act;
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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
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My 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 you as 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 my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that in any material respect the requirements;
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met; or
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to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
ROBERT BROWN Chartered Certified Accountant
Page 3
AGE CONCERN EASTWOOD
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE CONCERN EASTWOOD
YEAR ENDED 31 MARCH 2025
For and on behalf of: PELLS CHARTERED ACCOUNTANTS 1 Derby Road Eastwood Nottingham NG16 3PA
Page 4
AGE CONCERN EASTWOOD
INCOME AND EXPENDITURE ACCOUNT
YEAR ENDED 31 MARCH 2025
| 2025 £ INCOME Activities & trips Bank interest Fundraising Grants & donations Meals & drinks Transport Rents received Sundry receipts Miscellaneous receipts Total income EXPENDITURE Activities & trips 511 Bank charges 61 Cleaning 356 Entertainment & gifts 1,740 Equipment, repairs & renewals 9,908 Insurance 665 Licences 685 Meals & Catering 9,791 Training costs 24 Payroll costs 660 Printing & Stationery 156 Recruitment 4,605 Rent & Services 793 Telephone 634 Gifts and Celebrations 153 Utilities 5,229 Volunteer mileage 46 Wages 27,236 Sundry payments - Transport costs 22,046 ----------- Total payments OPERATING PROFIT/ (DEFICIT) Cash funds at start of this period Cash funds at end of this period |
2024 £ £ £ 496 840 987 - 7,008 8,143 29,018 17,214 32,411 9,485 33,238 11,257 1,004 502 - - - - 80,409 71,194 695 68 134 1,730 10,024 614 801 10,076 150 600 36 4,643 801 646 215 5,506 165 26,624 234 20,145 ----------- 85,299 83,908 ------------ ------------ (4,889) (12,714) 69,655 82,370 ----------- ---------- 64,766 69,655 ======== ====== = |
£ 840 - 8,143 17,214 33,238 11,257 502 - - |
|---|---|---|
The notes on page 8 form part of these financial statements.
Page 6
AGE CONCERN EASTWOOD
STATEMENT OF ASSETS AND LIABILITIES
YEAR ENDED 31 MARCH 2025
| CASH ASSETS Bank accounts Reserve Cash accounts Other monetary assets Deferred Income: Broxtowe Borough Council Grant Liabilities Accruals Other creditors |
2025 2024 4,038 61,107 70,126 11 11 65,156 70,137 |
|
|---|---|---|
| 2025 2024 - - - - |
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| 2025 2024 390 360 122 |
Assets retained for the charity’s own use Flooring, purchased 2011, cost £6,480. Toilet block, purchased 2011, cost £13,752. Cooker, purchased 2013, cost £1,492. Suspended ceiling and lighting, purchased 2016, cost £5,145 Dishwasher, purchased 2018, cost £1,932 Seating, purchased 2019, cost £2,000 Seating purchased 2023, cost £672 Walkers New Cooker 2024 - cost £6804.64 New Hot Cupboard 2024 - cost £440.40 Stage Curtain Track 2025 cost £895 Carver Chairs 2025 cost £972
These financial statements are accepted on behalf of the charity by:
Signed Dated . Cllr J Marsters, Trustee
The notes on page 8 form part of these financial statements.
Page 7
AGE CONCERN EASTWOOD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Income and expenses accounts contain 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 through bank accounts and cash in hand.
2. GRANTS & DONATIONS
| Postcode Lotteries Broxtowe Borough Council Broxtowe Borough Council Nottinghamshire County Council – Divisional Sundry donations Awards for all 3. FUNDS ANALYSIS Restricted Funds Computer & Craft Class Fund (BAF) Broxtowe Borough Council Unrestricted Funds General fund Total Funds |
2025 2024 Unrestricted Restricted Total Total £ £ £ £ 20,000 - 20,000 - - 5,150 5,150 5,150 - 2,000 2,000 - - - - 975 - - 975 - 2,214 9,850 20,975 7,150 28,125 17,214 |
|
|---|---|---|
| Opening Balance Income Expenses Closing Balance £ £ £ £ 90 - - 7,150 90 7,150 - - |
||
| 90 7,150 7,240 - 71,556 52,284 78,059 |
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| 71,646 80,409 85,299 66,756 |
4. TRUSTEES' REMUNERATION
No remuneration is paid to the Trustees,
5. CREDITORS: Amounts falling due within one year
| PAYE Total Creditors |
2025 2024 £ £ - 122 - 122 |
|---|---|