Moore Thompson Charity Number: 519643 Age Concem Deepings Financial Statements for the year ended 31 March 2025 IcA£vd CHARTEREO ACCOUNTANTS
Age Concern Deeplngs for the year ended 31 March 2025 INDEX Legal and Administrative Irrformatton Trustees. Annual Report Independent Examiners Rewt ststement of Financial Acb¥ibes Balance Sheet Notes to the Accnts
Legal and Administrative Infomiation for the year ended 31 March 2025 ChristoK*w Knigm Geoffrey Frank Vvhrtue Phihp Maurice Dilks (chaIrnn) GaOr Gibson Elizabeth WaterfarKI Julie Jordan (Appoirrted 12 March 2025) Contact address 119A Eastgate Deeping St.James Peterborough Lincolnshire PE6 7R8 Bankorn Bardays PLC Churchill Place London E14 5HP Examlner M East FCCA Moore Thompson 27 Market Place Market Deeping PetertK)rough PE6 8EA Page 1
Age Concern Deepings Trustees. Annual Report for the year ended 31 March 2025 The trustees present their report. together the financial ststements for the year ended 31 March 2025. Age Concem Deeng$ as established in June 1987 and govemed by a trust deed dated 10 June 1987. Its charity number is 519643. The objects of the charty are to promote the lfare of the aged in any manner vthicti now is or hereafter may be deemed by law to be charitable bmthin Market Dee9. Deeping St James, West Deeping. Deeping Gate, Deeping St Ntholas, Maxey, Tallington, Bainton. Bamack. Barholme, Greatford, Langtoft, Stoew and Baslon. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Chare5. in preparing the annual port and financial ststements of the charity. The trustee$ Served the charty during the pemd ere as detailed on Page 1. New trustees are recruited from a group have sh(rTr a keen interest in the Y)rk of the charity and have abilities required on the 9oveming body. Training is provKled to keep trustees up to date %Mth new legislath'on etc. as required. The trustees have given due regafd to the guidance wblished by the Charity Commission on public benefit, ith chaiitys objectives being fvuy iTr15ne with this guidance. This past year a steady increase in the numbers using our servies, especially the bus trips. We wEre back to prtrcovid level$ and above in most cases. r slw)ing tri Wre often fulty l)ooked and our day tiips had enough users to lusty running buses eah month, 4thich seldom happened in the previous years. We visited a wide variety of venues for day trips, from river trips to statety homes and gardens or shopping centres. We were especially pleased to be invited by our local secondary school to their Festive Tea in December. This event had lapsed during Covtd, but was revived and proved very successful, wth the school providing a free tea, and the pupils entertaining Imth music, siThJing and small grfts. We hope this ll become an annual event again. As a result of increased numbers of passengers who donated toardS the buses, our bus services covered their costs, despite the rising prices of fuel and maintenance. Our other services conttnued to be WEII atten. *ith Sunday Club, Lch Club and FrFday Club (OUT new name for the okl Day Care service) often reaching their capacity. Our Senior Library Group (run in conjunctton with Deepings Communty Library) had continued throughout loth di)1. thanks to volunteeTS tho provided home delr¥ery of books and jigsaw puzzles. Once it was able to resume again it ran at capacity and the home delivery service Contr.n for some housebound ladies and gendemen. Our Visiti'ng and Befriending seThice vras fuuy stretched. 1th often rne requests for our help than voluntee were able to cover. As a resLrt we ran appeals for volunteers {for all our services) in the local free Advertiser and on our Facebook page. We have been able to maintain services thanks to some recruits arKI the continued deth¢ation of our ser¥ice c(Fordinator5 arKI their teams of voluntsry helpers. The Committee continued to meet monthty and, although Ihere re Several retirnents, and sadty, one death. over the year, able to replace those members 7hith new faces. At each mee11r. service coordinators report on the past month's activities. including a financial report fomi the Treasurer. and our seNice users representsttve gives us feedback and ideas she has received from our members. Page 2
Age Concern Deeplngs Trustees. Annual Report for the year ended 31 March 2025 The Trustees also lost long serving members but were aNYays able to hold quorate meetings every t¥ months to review the wogess of our acbvibes and any issues that had arisen. Their foThYdrd planning is for a complete rews11 armd update of all Age Concem's policy documents by the end of 2025, beginning with the conStition. Thanks to generous legacies in the past, together 1th one this year of £10.800, contlnue lo be in a very healthy financial position. The accounts show a surplus of £13,800, mainty due to the legacy arKI redurtion in wages. Most items of income and expenditure remain steady although our need for more volunteers has meant an increase in advertising. The continued high rates of interest are generating go(Kl income on our deposit account and fixed interest investment. As long as we Can contsnue to rety on our Inderful volunteers, we hope to continue to provide a much-needed service to as marry people as possible in the firture. The Chairman and Board of Twstees thank all those volunteer and support Age Concern (Deepings) in so many dyS. IMlh)ut rrfme of %that do be possth. Approved by the chanties trustees on 13110r2025 and sned on their behall by P Dilk8- Chainnan Page 3
IrKlependent Examinerfs report to the Trustees of Age Concern Deepings I report to the charity trustees on my examinatton of the accounts of1he Charity for the year ended 31 March 2025. thch are set out on pages 5 to 8. Responslbllltl•s and basls of report As the charitys trustees y(w are responsible for the prepafth of the accnunts in aCCordare th the requirement of the Charilies Act 2011 (Ihe Art). I report in respect of my examinatTh of Ihe chafitys accounts carrier out under sectim 145 of the Act and in carrying out my examination I have follod all the applicable Directions given by the Charty Commission under section 145(5)(b) of the Act. I have completed my examination. I confinn that no material matters have come to my attention in connection V•ith the examination giviTrJ me cause to bdieve that in any material respect. 1. aCClI1n9 records V•Pfe not kept in respect of the charty as required by se¢tiThi 130 of Ihe Actr, or 2. the accounts do Tt accord those records. 3. the accounts do not compty ¥Mth the applicable requirnents conceming the fomi and content of accounts set out in the Charities (Accounts and Reports) RegulatThs 2008 other than any requiremwrt that the accounts give a arKI fair view ¥%thich is not a matter considered as part of an independent examination. I haNE no concems and have come across no other matters in connection ith the examinaticffl to tCh attentton shwld be dra¥m in thi8 report in order to enable a proper understsnt*ng of the accourrts to be reached. East FCCA Moore Thornpn Chartered Accountants 27 Market Place Market Deeping Peterborough PE6 8EA Page 4
Ago Concern Deepings statthne of Financlal Activltles for the year ended 31 Mah 2025 202S 2024 Charitable activitoes Day care charge to clbents Receipts from trips Luncheon tharge to diant LotterySK Easyfunding sUndalUb Coffee rnomings 5,415 5,115 6,320 147 87 5,882 6,565 130 1,097 221 18,2 18,728 Fund rn18lng Legacy and funeral Distribution Raffles Donations 12.208 1,286 258 1.551 13.752 3,169 Inveslments Gain on investrnent Fixed interest lund distrubub COIF Interest 2,746 3,030 4,812 4,845 11,136 12.025 Total income 43.088 33,922 Expendilurn on Charitable acli Premises C¢>ordinator costs Day care expenses Day Ca st ol lunches Motor expenses Lunch clut cost of meals Laundry costs Sunday Club Advertising Rent Insuranr Sundry expenses Depreoation 1,785 557 1,785 5.799 3,549 9.163 3.816 4,542 9,268 360 1.422 479 60 674 1.137 74 1.659 7,035 5,628 28.699 37.190 Governance costs Independent examiie¢s fees 570 Totsl expendlthre 29,269 37.730 Net Incomlng I loulgtyng) reuwrces lor the year 13.819 (3.808) Transfers beiween funds Net incoming l (outgwgl mourcos after transfers 13.819 (3,808) R•concill*tlon of fund8 Total funds brougm forwaTd 245.030 248,838 Total funds carrlad forn•rd The notes on pages 7- 8 fomi rt of these financial statements age5
Age Concern Deepings Balance Sheet at 31 March 2025 2025 2024 Fixad Assèts Tangitle assets 22,511 28,139 Currgnt a880ts Fixed interest investrnent Cash at bank and in hand Current accounts Deposit account Cash 108,612 105.866 6,398 121,029 9.117 101,638 810 236,908 217.431 Crgditors: Amounts faulng vAlhin on• year 570 Net curront assots 258.849 258,849 245,030 245,030 unrnStrict Funth General 258,849 245,030 258,849 245,030 The financial statem5 *re approved and authorised for issue by the Board ( J& Signed on behalf of the board of trustees. P Dilks - Chaiman The notes ¢)n pages 7 - 8 fomi part of these financial statements Page 6
Age Concern Deeplngs Notes to the Flnanclal Statements for the year ended 31 March 2025 1 Accourrtlng policles The wirKipal acc policies adopted in the Preparati( of the financial siatements are set wt below. Basls of prnparatlon of th• financlal stal•menl• The charty constitutes a public benefft entty as defined by FRS 102. The financ81 statements have ten prepared in accordance Voryth A¢counbng and Reporting by Charities.. Ststement of Recommended Practice applicable to chanties preparing their accounts in accordance ¥hith the Financial Reporting Standard apFlrable in the UK and Republic of Ireland issued in Octobw 2019, Financial Reporting Standard applicable in the United Kingdom arKI Republic of Ireland (FRS 102), the Chafilies Act 2011 and UK Generalty Accepted Accounting Pracb'ce. The financial ststements are presented in sterlrKJ wfiich is the functional rrencY of the chaiity. Incoming resourcos All income is reccKJnised Tn the statement of ffn•cial acli¥itses when the con(thtions for receipt have been met and there is reasonable assurance of receipt. Where a daim for repayThent of income tax has, or wdl be made, such inc(xne is grossed ts the tsx recoverable. Grants and legacies are re¢o9nised in ts statement of financial activ1b the conditions of receipt have been met. Rèsour expgndod Expenditure is included in the statement of financial activit on an ac(xuals basis and has been alk)cated as foll. Charitable activities indude the cost of the acbvi1 defined by the charitys aims for the beneffl of the persons said in the charws objects. Support costs include the stsffing and associated costs of finance, personnel and general administration in supportin9 the operab'onal programmes for wthich the chartty is responsible. Govemance costs include the costs lch relate to the gen ruMitwJ of tt charity as opwsed to the direct mana9ement function inherent in generating funds, ser¥ice delivery and program or project vrks. Rostrlctsd lunds Restricted funds are applied as SF*ufied by the donorlgfantor. Expend[lu that comKlies with these criteria is applied xcordingty. Unrestrlcted fund8 Unrestricted funds are donatN)ns and other income recei¥ed. or generated for the owbves of the tharity Iut further S[fied purFWS and is available as general funds. DgbtOTS and cre(fitors recoivable I payable within on8 year Debtors and creditors ¥Mth no stated interest rate and receivable or payable rythin year are Tecorded at transaction pite. Any kxses arising from #npairnient are recognised in eXPdIlure. Going Con¢om Judgements and key sow¢es of ostimation unc•rtalnty There are no significant judgernents or esb'mats'ons %%l)ich have been made in the process of applwng the above a(xounting policies, other than usual cut off judgMents included in prepaymerrts and accruals. Page 7
Age Concern Deepings Notes to the Financial Statements (continued) for the year ended 31 March 2025 2 Tangible fixed assets Motor Vehicles Total Cost At 1 April 2024 Additions Disposals 85,874 85,874 At 31 March 2025 Depreciation At 1 April 2024 Charge for year (20 % reducing balance) Depreciation on disposal 57,735 5,628 57,735 5,628 At 31 March 2025 63.363 Net book value At 31 March 2025 At 1 April 2024 28 139 2025 2024 3 Current Assets Fixed interest investments 108,612 105,866 Cash at bank and in hand 128,296 111,565 236,908 217,431 4 Creditors 2025 2024 Accruals 570 540 570 540 5 Unrestricted Funds Reserves totalling £258.879 {2024'. £245,030) are categorised as unrestricted funds. 6 Related party transactions The charity is controlled by the trustees as a body and no individual does or could exert control. Page 8