DIRE￿oRs, AND TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 201
FOR
AGE UK TEESSIDE LIMITED
(a company ]imited by guarantee)
Registered Charity No. 702n4
Company Registration No. 2152353

AGE UK TEESSIDE LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
Page
Report of the Chair
Report of the Trustee5
2to7
Auditors Report
8tolO
Statement of Financial Activities
li
Balance Sheet
12
Cash Flow Statement
13
Notes to the Cash Flow Statement
14
Notes to the Financial Statements
15to27

AGE TEESSIDE LIMITED
REPORT OFTHE CHAIR
FOR THE YEAR ENDED 31ST MARCH 2025
Fit for the Future
This year has (again) been a tough year for a lot of people, a tough year for the public sector and a
tough year for charities that rely on the generosity of people, fLmders, and the public sector for the
delivery of services relevant to older people.
Age UK Teesside has continued to adapt to face the challenges of increasing costs. the reduction in
funds available from the public sector and increasing competition for funds from charitable trusts.
This has involved a gradual but SI￿lficant, shift towards alternative fundraising strategies like
our online shop and calendar of fundraising events. We aim to continue to reduce our reliance on
'traditional' sources of funds.
We have continued to rnake good progress against the objectives stated in our strategic plan and
that plan has been refTeshed to set out new objectives for the period to 2028. To hdp us to deliver
those strategic objectives we have strengthened our Board with the appointsnent of new Tntstees
with relevant and diverse sets of skills and experiences.
Age UK Teesside is committed to work in partnership with other oIganisations where such a
Partr￿ShiP is of mutual benefit and delivers relevant services to support older people in our area.
In order to do so we rely on our exceptional staff and volunteers. I would like to take this
opportunity to thank every one of them on behalf of the Board of Trustees.
David Eagle
Chair of TTh￿tee8

AGE TEESSIDE LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
The TTUStee5 present their report with the financial statements of the charity for the year ended
31st March2025. The trustees have adopted the provisions of Accounting and Reporting by Charities:
staten￿lt of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard app]icabk in the UK and Republic of Ireland (FRS 102) {effective l January
2015).
Reference and Adminxstrative Inforniation
Status:
The Charity was estabIished as a company limited by guarantee on 3rd August 1987
(no. 2152353) and is registered with the Charities Commission (no.702714).
Registered Office:
The Dorothy Rose Suites (29-32)
The TAD Centre
Ormesby Road
Middlesbrough
Y53 7SF
The diTectors of the charitable company (the charity) are its trustees for the purpose of charity law and
throughout this Teport are collectively referred to as the Trustees.
Trustees
Chair:
Mr. P, Whelan (resigned 15 October 2024)
Mr. D. Eagle (appointed 15 October 2024)
Treasurer:
MT. A. Jackson
Trustees:
Mr. D, Eagle
Mrs. A. Short
MTS. T Scott
Mr. P. Whelan
Mr. C. Greaves (appointed 15 April 2025)
MT. M. Shaw (appointed 15 April 2025)
Mr. T. HuT5t (appointed 15 April 2025)
Mr. G. Singh (appointed 15 April 2025)
Principal Staff:
Ms. A. Sykes (Chief Executive)
Auditors:
JBC Accountants Limited
Auditor
3B IA)ckheed Court
Preston Farni
Stockton-on-Tees
518 3SH
Bankers:
Unity Trust plc
Nine Brindley Place
Birmingham
BI 2HB

AGE UKTEESSIDE LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
Structure Governance and Mana
ment
Governing Document
The organisation is a charitable company limited by guarantee, incorporated on 3rd August 1987. The affairs
of the company are governed by its Memorandum and Articles of Association. The ]iability of the members in
the event of the company being wound up is limited to a sum not exceeding £1. Age UK Tee5side Limited is
an independent incorporated charity and a'Brand PaTtnel with Age UK.
Appoinlment of Trustees
Trustees aTe appointed and elected at the AGM for a terni of three years. Casual vacancies may be filled by
the Board until the next AGM and shalI be eligible for re-election.
All members are circulated with invitations to nominate trustees prior to the AGM advising them of retiring
trustees and Tequesting nominations for the AGM. When considering co-opting trustees, the Board has Tegard
to the requirements for any specialist skills needed.
Trustees Inducti(m and Training
New trustees undergo an orientation day to brief them on their legal obligations under tharity and company
Jaw, the content of the Memorandum and Articles of Association, the committee and decision-making
process, the business plan and re￿nt thancial peTf0rnjan￿ of the charity. Trustees are encouraged to attend
external training events where these facilitate the undertaking of their role.
Management
The Trustees are responsible for the overall management and control of the charity and receive reports from
the Honorary Treasurer on finance and the Chief Execulive on management and general purposes at
quarterly meetings. A Chief Executive is appointed by the Trustees to manage the day-to-day operations of
the charity and the company. To fa¢i]itate effective operations, the Thief Executive has delegated authority,
within terms of delegation approved by the Trustees, foT finance and employment matters. Other Staff assist
the Chief Executive in achieving the charit)4s objectives and budget targets. We aTe grateful to our volunteers
who assist in the provision of our services.
Risk Management
The trustees are responsible for the management of the risks faced by the charity. These major risks have been
considered, identified, assessed and controls established.
Through the risk management process established for the chaTity, the trustees aTe satisfied that the major
risks identified have been adequately mitigated where necessary. It is recognised that systems can only
provide reasonable but not absoIute assurance that major risks have been adequately managed.
Ob ectives and Activities
Age UK Teesside has been established to promote the health and well-being of older people in and around
Teesside.
The mission statement of the organisation is:
"To improve the quality of life for people over 50 in Teesside and to ensure that they are empowered to
achieve their maximum potential as individuals whilst maximising their quality of life."

AGE UK TEESSIDE LIMrrED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
Ob'eetives and Activitles
cont
Achievements and
formance during the year is reported beIow and clearly demonstrates how our work
benefits the public in line with our charitable obJ'e¢ts.
We have increased the number of older people whose lives we have positively affected from 17,824 to
18,220;
We helped older people to win over £1 million in benefits payments to which they were entided;
Our 135-plus volunte¢rs h¢lped us to deliver over 794.3 bours of befriending to those older people affected most
by isolation and loneliness.
Donations and grants have increased income and the Online Retail Shop continues to grow.
Our service delivery projects for 2024/25 include:
Phoenix Project Middlesbrough - delivering social activitie5 for older people with enduring mental health
conditions across Middlesbrough. Funding for thi5 service is from Middlesbrough Borough Council.
Better Health Better Wealth Stockton-on-Tees - this service tackles loneliness, isolation and financial benefit
support for people aged 65+ across the Borough of Stockton-on-Tees, offering social actlvities, a befriending
service, social assessments and welfare benefits advice. Funding for this Servi￿ is through Stockton-on-Tees
Borough Council.
Befriending Service Redcar & CIeveland - this SeTVi￿ provides befriending to those most isolated and Ionely
by volunteers and also encourage5 older people to socialise with walking groups and social activities across
the Borough. For people aged 65+ and funded by Redcar & Cleveland Borough Counci].
Dementia Advisor Service Middlesbrough - providing vitaI information and advice for people who have
dementia and their carers. The hub offers a welcome social space to relax and enjoy the company of others.
Funded by Middlesbrough Council.
Befriending Service Middlesbrough -addressing social isolation and loneliness for people aged 65+ across
Middlesbrough through volunteers. Funded by Middlesbrough CounciI.
Carer Connect Service Redcar & Cleveland - providing Tespite and support for Carers, encouraging s(Kial
interaction outside the home where possible and assisting with shopping, appointments and advice. Funded
by the National IA)ttery.
Digital Explorers Redcar & Cleveland - providing one to one or ￿0UP support with the use of digital
devices, enabling older people to connect with the outside WOTld, family and health seTvice5. This proiect is
very kindly funded through a lesacy from a client who had prevxously benefitted from this servi￿.
Re-conneet Middlesbrough - A therapist spends time with people with anxiety to enable them to have the
confidence to socialise with otheTS and follow their dreams.
Funded by Middlesbrough Council
I&A Services - we offeT advice and information services across the borough for older people, which includes
welfare benefits advice and help with form filling. Funding has been provided by the Henry Smith
Foundation, Middlesbrough CAB, National Lottery and others as listed at note 16 of the accounts.

AGE UK TEESSIDE LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
Financial Review
A summary of the results is given on page 11 of the financial statements.
The financial stateEThents are presented in the standard format TequiTed as set out in 'Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts
in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective 1st January 2019) and cover the activities of the company. The Ststement of FinanciaI Activities
(SOFA) shows the gross income frorn all sources and the split of artivitie5 between Restricted and
Unrestricted funds.
The charity repoTted a total net income for the year ended 31st March 2025 of Q3,71I, with net expenditljre of
£14,333 on Unrestricted Funds and net income of £38,044 on Re51TiCted Funds. At the year end, there aTe
Restricted Funds of £84,712 available to carry forward to meet expenditure in 2025/26 and this has arisen
because the fund period ends are not Co-terminus with the Charity's year end.
Incorning Resources
The charity's total income has fallen slightly from £697,116 to £6¥J,106.
Unrestricted funds income was £199,788 compared with £177,979 in 2024. Restricted fwids income was
£493318 compared with £519,137 in 2024.
The main source of Restricted income is from Charitable Activities. This is divided into the Health and
Wellbeing activity, where income fell in the year and income from Information and Advice Projects which has
increased in 2024-25.
For Unrestricted income, there were increases in the year for retail activities, donations from other
stakeholders and investment income. A legacy of a6,000 was received in the year. On-Iine Retail activity
increased. As grant funded Charitable Activities have reduced, the Charity is growing alternative sources of
income to continue the provision of the services we deliver and to be financially viable and responsible.
Agé UK Teesside ts partAcularly gratefuj to all of our funders (as mentioned above and at note 16 of the
financial statements) thTough & chalIenging financial year and to each individual who has I￿en kind enough
to donate what they can afford.
All of our grant funding has been expended in accordance with the ternis that the fi￿ds were granted and
any carried forward funds are utilised over the designated funding periods.
Resour¢es Expended and Services
The charity's total expenditure fell from £689.136 in 2024 to £669,395 in 2025, consistent with the fall in income
from Teduced Charitable Activitie5.
The n￿lority of expenditure in 2024-25 continues to be on Charitable Activities, with projects promoting
Health and Wellbeing and providing Information and Advi￿ to older people. Expenditure on Charitable
Activities totalled £601,116 with £455,275 on Restricted Activities and 145,842 on Unrestricted Activities. In
addition, £59,440 wa5 spent on expanding online Tetail and £8,839 on fundraisin& both of which raised funds
to support the Charity and its services.

AGE UK TEESSIDE LIMITED
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
Reserves
The Trnstees require the Charity reserves to cover at least six months of Unrestricted funds. The Ievels of
reserves are monitored and reported quarterly, and this requireTnent was met throughout the fmancial year.
At 31 March 2025, the ChaTity'S tolal funds had increased to £654,816 (2024: £631,105). Unrestricted general
funds available for future periods were lower at £383,499 (2024: £AIO,545). Restricted income funds were
higher at £84,T12 {2024: £45,560). Desi￿ted funds were higher at £186,605 {2024: £175,(￿0). £175,1￿0 has
been allocated to meet future costs to be incurred on the development of the dmrity and its services, in order
to meet its strategic objectives. A legacy received during the year of £16,000 has been designated by the
trustees to be used for a digital inclusion progranune in the Redcar and Cleveland area. £11,605 remained at
31 March 2025 and will be carried forward to meet costs in 2025-26.
Investment Powers and Policy
Under the Memorandum and Articles of Associatiory the charity has the power to invest monies in such
investments, securitie5 or property of whatsoever nature as may be thought fiL provided that the Board shalI
seek professional advice before exercising such powers. The Trustees, having regard to the liquidity
requirements of the organisation, have operated a policy of keeping available funds in interest-bearing
deposit accounts. Interest earned for the year ended 3161 March 2025 was increased, with higher interest rates,
to £19.037 (2024: £11,433).
Chanses in Fixed Assets
The movements in fixed assets during the year are set out in note 12 to the financial statements.
Plans for Future Periods
We have a clear Set of objectives, which are detai]ed in OUT Strategic plan covering the period 2025 to 2028.
They are to:
CeIebrate later life, promoting the positive aspects of ageing and the contribution that people in later
life make to Teesside.
2)
Be relevant by continuing to provide appropriate services and partnerships to help people in later ]ife
in Teesside to live independen¢ happy and healthy lives.
3)
Diversify and increase unrestricted income (i.e. income which is not ring-fenced for specific projects)
and contribution to core operating costs.
4)
Continue to increase awareness about issues relating to ageing.

AGE UK TEESSIDE LIMrrED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
Trustees. Res
onsibililies in Relation to Financial Statement8
Company taw requires the trustees to PTepaTe financial statements for each financial year, which give a true
and fair view of the state of the affairs of the company and of the profit OT loss for that period. In preparing
those financial statements, the trustees are required to:
Select suitabIe accounting policies and then apply them consistentlyi
Make judgements and estimates that are reasonable and prudent. and
Prepare the finanaal statements on the going concern basis unless it is inapproprlate to presume that
the company will continue to operate.
The trustees are responsible for keepins Proper accounting records which disclose with reasonable accuracy
at any lime the financial position of the company and to enable them to ensure that the financial statements
COAnply with the Companies Act 2(M)6. They are also Tesponsible for safeguarding the assets of the company
and hence for taking reasonable Steps for the prevention and detection of fraud and other irreguIarities.
Statement as to Disclosure of Inforniation to Auditors
So far as the trustees aTe aware, there is no relevant audit llrformation (as defined by Section 418 of the
Companies Act 2006) of which the company's auditors are unaware, and each trustee has taken all the steps
that he or she ought to have taken as a trustee in order to make himself or herself aware of any relevant audit
information and to establish that the company's auditors are aware of that infoTmation.
Public Benefit
The Trustees confirm that they have complied with the duty set out in section 17(5) of the 2011 Charities Act
to have due Tegard to guidance published by the Charities Commission in Tespect of public benefit.
This report IS PTepaTed in accordance with the special provisiims of Part 15 of the Companies Act 2006
relating to small companie5.
By order of the Executive Board
Mr. D. Eagle (Chair)
Date".

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
AGE UK TEESSIDE LIMITED
Opinion
We have audited the financial statements of Age UK Teesside Limited (the 'charitable company,) for the year
ended 31st March 2025 which comprise the Statement of Financial ActivitAes, the Balance Sheet, Cash flow
Statement and notes to the financial statements, including a summary of significant accountAng policies. The
financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practsce), includin8
Financial Reporting Standard 102 'The Financial Reporling Standard applicable in the UK and Republic of
Ireland,..
In our opinion the financial statements:
8ive a true and fair view of the state of the charitable company's affairs as at 31st March 2025 and of the
AYS incoming resources and application of resources, including its income and expenditure, for the year
then ended,.
have been Properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice including Financial Reporting Standard 102 'The FinanciaI Reporting StandaTd applicable in
the UK and Republic of Ireland,; and
have been prepared in accordance with the requirernents of the Companies Art 2006.
Basis for opinion
We conducted our audit in accordan￿ with International Standards on Audittng (UK) (ISA5 (UK)) and
applicable law. OUT responsibilities under those standards are further described in the Auditors
responsibiIities for the audit of the financial statements section of our report. We are independent of the
charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in
the UK including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibi]itie5 in
accordance with these requirements. We believe that the audit evidence we have obtained is suffÉcient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
tn auditing the financial statements, we have concluded that the trnstees. use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work that we have per£ornied, we have not identified any material untrrtainties relating to
events or conditions thaL individually or collectivelyi may cast significant doubt on the charity's ability to
continue as a going concern for a period of at least twelve months from when the finanaal statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
OtheT inforn￿tIon
The trustees are responsible for the other inforn￿ti0n. The other information comprises the information
included in the annual report, other than the financial statements and our Report of the Independent
AuditOTS thereon.
Our opinion on the financial siatements does not cover the other information and we do not express any forni
of assurance conclusion thereon.
In connection with our audit of the finanaal statements, OUT responsibility is to read the other information
and, in doing so, consider whether the other information is rnaterially inconsistent with the financial
Staternents or our knowledge obtaiiied in the audit or otherwise appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements, we are required to deterniine
whether this gives rise to a material misstatement in the financial statements themselves. If, based on the
Work we have perfornied, we conclude that there is a material misstatement of this other Informatio￿ we are
required to report that fact. We have nothing to report in this regard.

REPORT OFTHE INDEPENDENT AUDITORS TO THE TRUSTEES OF
AGE UK TEESSIDE LIMITED
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities Act 2Qll requires us to
report to you if, in our opinion:
the inforniation gAven in the Report of the Tn￿tee5 is inconsistent in any material resp&t with the
financial statements . or
the charity has not kept adequate accounling records. or
the financial statements are not in agreement with the accounting records and returns; or
we have not Teceived all the inforniation and explanations we require for our audit.
Responsibilities of trnstees
As explained more fully in the Staternent of Trustees Responsibi]ities, the trustees (who are also the
directors of the chaTitable company for the purposes of company law) are TesponsibIe for the preparation
of the financial statenients and for being satisfied that they give a true and fair view, and for such internal
control as the trustees deterniine is nece&sary to enabIe the preparation of financial statements that are free
from material mi5Statement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitys ability to
continue as a going Conce￿ disclosing, as applicable, matters related to going concern and using the
goins concern basis of accountins unless the trustees either intend to ]iquidate the charity or to cease
operations, or have no realistic alternative but to do so.
Our Tesponsibxlities for the audit of the financial statements
We have been appointed as auditors under Section 145 of the Charities Act 2011 and report in accordan
with the Art and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the fi'nancial ststements as a whole are
free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent
Auditors that incIudes our opinion. Reasonable assurance is a high level of assurance but is not a
guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material
misstatement when it exists. Mtsstatements can arise from fraud or erTor and are considered material Af,
individually or in the aggregate, they could reasonably be expected to infiuence the economic decisions of
users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-complian￿ with laws and regulations. We design
procedures in ]ine with our responsibilities, Outlined alK)ve, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecttng irregulaTities,
including fraud is detailed below:
Based on our understanding of the charity, we identified that the Principle risks of non-compliance
with laws and regulations related to the requirements of the Charties Act and we considered the
extent to which non-complian￿ might have a material effect on the financial statements.
We a]so considered those laws and regulations that have a direct impact on the financial stalements,
such as the Companies Act 2006, FRS 102 and the Charities SORP (FRS 102) 'Accounting and
Reporting By Charities,.
We evaluated the risk of fraud through management bias and override of controls and determined
that the risks related to the posting of inappropriate journal entries or nwiipulation of accounting
Audit procedures performed included..
The engagement parther ensuring that the engagement team had the appropTiate competence,
capabiIities and skills to identify or reco￿lSe non-compliantr.
Enquiring of management as to their knowledge of actual, suspected or alleged fraud, actual and
potential litisation, claims and instances of non-compliance with laws and regulations,.
Tesiing the existence of internal controls in place to mitigate risks of fraud;
Testing the appropriateness of journal entries, identifying unusual transactions;
Assessing whether the judgements made in making Si￿lf]eaTht accounting estimates are indicative
of potential bias.

.REPORT OF THE ￿DEPENDENT AUDITORS TO THE TRUSTEES OF
AGE UK TEESSIDE LIMITED
Designing procedures which included but weTr not limited to agreeing financial statement disdosure
to underlying supporting doaimentation
There are inherent Iimitations in the audit procedures described above. We are less likely to become aware
of instances of non-complian￿ with laws and Tegulations that are not closely related to events and
transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement
due to fraud is higher than the risk of not detecting one resulting from e￿Or, misrepresentations or
through collusion.
A further descriptÈon of our responsibiItties for the audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilitie5. This description fornis
part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Section 144
of the Clwities Act 2011 and regulations made under Section 154 of that ACL Our audit work has I￿)
undertaken so that we might State to the charitable company's trustees those matters we are required to
state to them in an auditors, report and for no other purpose. To the fullest extent perniitted by law, we do
not aecept or assume responsibility to anyone other than the charitable Company and the charitable
company's trustees as a body, for our audit work, for this repor( or for the opinions we have formed.
JBC Accountants Limited
Statutory Auditor
E]igible to act as an auditor in tern￿ of Section 1212 of the Companies Act 2006
3B Lockheed Court
PTeston Farni
Stockton-on-Tees
T518 35H
io

AGE UK TEESSIDE LIMITED
STATEMENT OF F￿ANCIAL AcfiviTIES
ONCORPORATING INCOME & EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31ST MARCH 2025
2025
2024
Restricted Unrestricted
Funds
Funds
Total
Total
Fund8
Funds
Notes
Ineome and endowments fronL
Donations and legacies
Charitable activities
Other tradin8 activities".
- Fundraising
- Sundry
- Retail
Investment income
65,190
65,190
493,318
53,784
519,137
493J18
18,256
16,249
81,056
19,037
18.256
16,249
81,056
19,037
18,284
24,323
70,155
IiA33
Total
493J18
199,788
693,106
697,116
ExpenditUTe on:
Charitable activities
455,275
145,842
8,839
59,440
601,116
8A39
59A40
621,107
6524
61,505
Raising fund5
Raising funds - Retail
Total
455,275
214,121
669395
689,136
Net Income/(Expenditure)
(14,333)
23,711
7,980
Transfers between funds
1,108
(1,108)
Net rnovement in funds
39,152
(15,441)
23,711
7,980
Reconciliation of funds
Total funds brought forward
45,560
585,545
631,105
618,125
Total funds carried forward
84,712
570,104
654,816
631,105
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 15 to 27 form part of these financial statements.

ACE UK TEESSIDE LIMITED
BALANCE SHEEr
31ST MARCH 2025
201
2024
Notes
FIXED ASSErs
Tangible assets
12
8,564
8,4¥3
CURRENT ASSETS
Debtors
Cash at bank ana in hand
13
72,803
606,402
679,205
116,763
522,465
639,228
CRED￿oRs
Arnounts falling due within one year
14
32,953
16,616
NEf CLniRENf ASSETS
646,252
622,612
TOTAL ASSETS LESS CURR
LIABILITIES
654.816
631,105
THE FUNDS OF THE CHARITY
Restricted income funds
Unrestricted funds
General funds
Designated fund - Digital Inclusion
DeSi￿ated fund
16
84,712
45,560
15
383,499
11,605
175,000
654,816
410%5
175.000
631,105
The charity is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31st March 2025. The members have not deposited notice, pursuant to section 476 of the Companies
Act 2006 requiring an audit of these financial statements.
These financial statements have been audited undeT the requirements of Section 145 of the Charities Act
2011.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the
Companies Art 21K)6 relating to Su￿1 companies.
i.+... 10. Is
The financial statements were approved by the Board of Trustees on ....... .. .
signed by:
. and were
Mr. D Eagle- Trustee
Mr. A. Jackson - Trustee
12

AGE UK TEESSIDE LIMITED
CASH FLOW STATEMENT
31ST MARCH 2025
2025
2024
Notes
Cash flows from operating activites
Cash generated from operations
67553
(33,914)
Net cash provided by operating activites
67,553
33,914
Cash flows from investing activltes
Purchase of tangible fixed assets
Sale of tangible fixed a55ets
Interest received
(2,653)
(8,999)
19,037
IIA33
Net cash provided by investing activities
16,384
2A34
Change in cash and cash equivalents in the
reporling period
Cash and cash eq￿ValentS at the besinning
of the reporting period
83,937
{31A80)
522.465
553,945
Cash and cash equivalents at the end of the
reportlng period
606,402
522,465
13

AGE UK TEESSIDE LIMrrED
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025
I. RECONCILIATION OF NET INCOMV(EXPENDITURE) TO NEf CASH FLOWFROM
OPERATING AcfIviTIES
2025
2024
Net ineome/{expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for.
Depreciation and loss on disposal
Interest received
Deciease/{IncTease) in debtors
Inerease/(Decrease) in Creditors
23,711
7,980
2,582
(19,037)
43,960
16B37
67,553
6,136
(11,433)
{31977)
(3,620
33,914)
I ANALYSIS OF CHANGES IN NET FUNDS
At
Cashfiow
At
OVO4Q024
3VO¥2025
Net cash
Cash at bank and in hand
522,465
83,937
606,402
14

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
AccouNfING POLICIES
Basis of preparing the financial statements
The financial staternents of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in Accordan￿ with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective 1st January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial staiements
have been prepaTed under the historical cost convention.
Going Concern
The trustees consider that there are no material un￿taInties about the charity's ability to contÉnue as a
goin8 concern. Fund5 held will be used to support a shift in operations towards grant funded projects,
with planning growth in unTe5tricted sponsorship income and alternative trading activities.
Income and endowments
All income is recognised in the Statement of Financial Activities once the charity has entitlement to
the funds, it is probable that the income will be received, and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as 500n as there is a legal or constructive obligation
committing the charity to that expenditure, it ts probable that a transfer of economic benefits will be
required in settIement and the amount of the obligation can be measured reliabIy. Expenditure is
accounted for on an accruals basis and has been classified as below.
Charitable expenditure is made up of those costs incurred in the delivery of its activities to 'Enable
older people,. It includes both costs which can be directly allocated to activities and those of an
indiTect nature necessary to support them. Indirect staff and overhead costs aTe allocated to activities
on the basis of staff time spent on those activities.
Fund-raising costs compr(se the costs actually incurred in delivering fund-raising events and running
the chaTity's online shop.
Infiuencing Policy & Practice costs relate to the running of the charity and are of a nature whereby
they cannot be aIlocated to any one activity or fund. Governan￿ costs, which have Iwn incurred in
comiection with compliance with constitutionaI and statutory requirements, are included here.
Taxation
As a registered charity, the company benefits from rates Telief and is generally exempt from
corporation t&x but not VAT. Irrecoverable VAT is included in the cost of those items to which it
relates.
Pensions
The company contributes into an employee's personal pension plan. Contribution5 payable for the
year are charged in the Statement of Financial Activities.
15

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES - continued
Operating Leases
Rental costs under operating leases are charged to the Statement of Financial Activities in equal
amounts over the period of the lease.
Tangible fixed assets
Tangible fixed assets over £500 are capitalised and depreciated on a straight-line basis at the following
Tates..
Computer equipment
Fixture5 and fittings
20%
Fund Accounting
Unrestricted funds are donations and other income received or generated for the objects of the chaTity
without further specified purpose and are available as general funds.
The Designated fund includes funds which have been set aside by the trustees to enable the charity to
sustain services in the future when funding may not be available or deficient and to meet any current
contractual obligations that may arise.
The Designated fund - Digital Explorer includes income re￿iVed from a legacy. This has been set
aside by the trustees to meet the costs of a digital inclusion programme in the Redcar and Cleveland
area.
Restricted fund5 are those to be used for specific purposes as laid down by the donor.
Critical accounting estimates and judgements
Estimates and judgements are conlinually evaluated and are based on historical expeTience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances. The Charity makes estimates and assumptions concerning the future. The resulting
accounting estimates and assumptions will, by definitio￿ seldom equal the related actual results.
There are no critical judgements, significant assumptions concerning the future and key sources .of
un￿rtainty at the reporting date that have a significant risk of causing a material adjustment to the
carrying amounts of assets and liabilities within the next financial year.
NET INCOMEIEXPENDITURE
Net incomelexpenditure shown on th¢ Statement of Financial adivities is stat¢d aft¢r charging:
2025
2024
Depreciation and loss on disposa]
Auditors, remuneTation
Other services
2,582
2,750
8,400
6,136
2,500
8,400
Directors, emoluments, etc.
16

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
3. DONATIONS AND LEGACIES
Restricted Unrestricted
2025
2024
Donations
44,190
16,000
5,000
65,190
44,190
16,000
5,000
65,190
38,784
Legacy
Grants for core funding
15,000
53,784
4. INCOME FROM CHARITABLE ACTIVTTES
Restricted Unrestricted
2025
2024
Health & Wellbeing
Advi￿ & Information
382,475
110,843
493,318
382,475
IIOR43
493,318
454J87
64,250
519,137
A breakdown of income is included at note 16.
5. INVESTMENT INCOME
2025
2024
Deposit account interest
19,037
11,433
6. SUNDRY INCOME
2025
2024
Age UK Support
Lasling Power of Attorney fees
Miscellaneous
7,500
1,200
7,549
16,249
10,000
4,609
9,714
24223
17

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
7. CHARrrABLE AcfIviTIES COSTS
Inlluencins Enabling Older
Policy and
Prartice
People
Total
Health and
Wellbeins
Advice and
Information
Slaff costs
Grants paid (note 8)
Projert costs
Advertising
Property costs
Travel and accommodation
Offll￿ costs
Professional & consultancy fees
Mis￿lIaneOUS costs
148,306
65,293
470.033
324
324
2.434
99
883
360
3,317
1959
29,717
13.IfJ7
38.303
18.100
2.784
23J63
6?55
lo￿96
2273
15J(M)
1,297
1,197
34J33
2JOO
1782
852
Depreciation
Support costs re-allocated:
- stsff costs
- administrative expenses
Q)vernance costs:
- audit fees
1,730
1582
(66041)
(31A87)
49,937
23.808
16,105
7,678
2,750
5,040
1,080
9,500
1,591
141,447
2,750
- accountancy fees
- le8al fees
- staff costs
- administrative expenses
1,080
9,500
1591
601,116
368,100
91,570
2024
Staff costs
Grants paid (note 8)
Project costs
Advertising
Property costs
Travel and accommodation
offi￿ costs
Professional & consultancy fees
Miscellaneous costs
Depreciation
Support costs re-allocated:
- staff costs
108.035
298313
4k*39
1.955
492
62,773
2,500
17
469,121
7,139
1,972
5,622
21,686
832
341
15586
13,938
1.398
19A67
160
423
I￿29
936
37A95
16.293
39.048
19.467
3.751
36.714
3591
1.073
(ItM).716)
{64￿8)
8¥98
53,183
18.118
11,665
dministrative expenses
Governance costs:
- audit fees
- accountancy fees
legal fees
- $taff costs
- administrative expenses
2500
5.040
360
9500
1,893
25(Kl
9￿[M)
Il93
31282
491,529
98,296
621,107
18

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMEwfs FOR IHE YEAR ENDED 31ST MARCH 2025
GRAKfs PAID
No grants were paid to institutions during 2024/25 and 2023/24.
Grants of £324 (2024: £7,139) were made to individuals during the year.
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31st March 2025 nor foi the
year ended 31st March 2024.
Trnstees, expenses
There were no iTUStees' expenses paid for the year ended 31st March 2025 noT for the year ended
31st March 2024.
10. STAFF COSTS
2025
2024
Wages and salaries
Social security costs
Pension costs
461,106
36,664
463.041
33,721
7,694
504,456
505,363
The aveTage monthly number of employees duTin8 the year was as follows:
2025
2024
21
No employee5 received emoluments in excess of £60,(KJO.
19

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
11. COMPARATIVE FOR STATEMEKf OF FINANCIAL ACnVITES
2024
2023
Restricted
Unrestricted
Total
Total
Funds
Funds
Funds
Funds
tneome and endowments fronL
Donations and legacies
Charitable activities
Other trading activities..
- Fundraising
- Sundry
- Retail
Investment income
53,784
53,784
519,137
20,391
783,587
519,137
18,284
24,323
70,155
11,433
18,284
24J23
70,155
11,433
21,696
21,100
65,851
4,698
TotaI
519,137
177,979
697,116
917,323
Expenditure on:
Charitable activities
Raising funds
Raising funds- Retail
589,825
31,282
6.524
61,505
621,107
6.524
61505
777,680
9,252
46,796
Total
589,825
99?11
689,136
833,728
Net Income/{Expenditurel
(70,688)
78,668
7,980
83,595
TTansfers between funds
Net movement in funds
(70,688)
78,668
7,980
83,595
Reconciliation of funds
Total funds brought forward
116.248
506,877
613,125
539,530
Total funds carried forward
45,560
585,545
621,105
623,125
20

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
1£ FIXED ASSETS
Fixtures &
Fittings
COST
At l April 2024
Additions
DisposaIs
At 31 March 2025
79,117
2,653
81,770
DEPRECIATION
At l April 2024
ChaTge for year
Disposals
At 31 March 2025
70,624
2￿82
73,206
NET BOOK VALUE
At 31 March 2025
8,564
At 31 MaTch 2024
8,493
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Other debtOTS
Prepayments
60,471
104,662
12,332
72,803
12,101
116,763
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors
Soaal 5ecuTity and other taxes
Other creditors
Accruals and deferred income
8,639
8,695
6,463
9,156
6,491
5,819
1,326
2,980
32,953
16,616
21

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
.5. UNRESTiucfED FUNDS
Development
Designated: General
Fund Digial Inclusion
Reserve
Total
2025:
Balance at l April 2024
Net income/(expenditure)
Transfers between funds
Balance at 31 March 2025
175,000
410,545 585,545
(25,938) (14333)
1,108
(1,108)
383,499 570,104
11,605
175,000
11,605
2024.
Balance at l April 2023
Net expenditure
Transfers between funds
Balance at 31 March 2024
175,000
331,877
78,668
506,877
78,668
175,000
410,545 585,545
A legacy of £16,000 was received during the year. this has been set aside to use for a digital inclusion
PTogramme in the Redcar and Cleveland area.
22

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
16. RESTRicfED FUNDS
2025:
Balance at
l April
2024
Balance at
31 March
2025
Income Expenditure Transfers
Health and Wellbeing
Phoenix Project
Stockton-on-Tees BA. Better Health Better Wealth
Redcar & Cleveland BC; Befriending
Middlesbrough BC; Befriending
Middlesbrough BC; Hoarding
Age UK North Tyneside; Older Offenders
Middlesbrough BC; Dementia Advisor Service
Middlesbrough BC; Dementia HUB
NationaI t￿ttery,. Carers Connect
Redcar & Cleveland BC,. Older Peoples Partnership
County Durham Community fund,. Respite support
Winter Wannth Campaign
Transport fundin8- RedcaT & aeveland
Middlesbrough BC. Recover funding
Middlesbrough BC. Carer5 Complimentary therapy
Sports England; Fithess & Friendship
Mindfulness in the form of art (varÉous)
Elsie Pilkington Charitable Trust. Stronger Together
MFC Foundation; Stronger Together
Coop Local community fund. Loftus gardening
Sky Garden project
Catalyst Stockton Travel fund
Durham University
Tees Valley Rural Action; Orniesby Good Neighbour
Age Without Limits
27,500
69211
49,604
20,000
33,333
3,600
50,376
36,734
40,000
6,979
27,500
69,311
49,604
20,000
33,333
3,600
52,106
36,734
33,090
6,979
684
6,698
4,968
6,910
2,350
2,350
1,137
19,500
1,137
19500
18,600
4,823
8,687
3,770
18,600
4,823
8,498
3,063
189
707
2,378
2,378
297
1,707
1,856
1,410
2874
90
1,108
736
634
736
634
2J46
400
2246
400
500
500
51,646
31,767
382,475
363,705
1,108
Advice and Inforniation
Henry Smith. Hartlepool Welfare Benefits
Middlesbrough Welfare Benefit and Debt Advice
Age UK. Warni Home5 Energy Checks
National Lottery,. Redcar & Cleveland I & A Service
Woodsmith; Redcar & Cleveland I&A
Middlesbrough I&A Service (various)
8,049
32,200
17,500
12,360
19,999
12,284
16,500
110,843
32,200
17,500
12,360
5,090
18,028
6,392
91,570
8,049
14,909
5,744
10,108
33,066
13,7
Total
45,560
493,318
455,275
1,108
84,712
23

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
16. RESTRIcfED FUNDS
2024:
Balance at
l April
2023 Income Expenditure Transfers
Ba]ance at
31 March
2024
Health and Wellbeing
Phoenix Proiect
Stockton-on-Tee5 BA,. Better Health Better Wealth
Redcar & CleveIand BC,. Befriending
Middlesbrough BC,. Befriending
Middlesbrough BC. Hoarding
Age UK North Tyneside; Older Offenders
Safe Lives Ltd; Safe Steps
Middlesbrough BC. Dementia Advisor SeTVi
Middlesbrough BC,. Dementia HUB
Middlesbrough BC. Covid 19 Sensory Support
County Durham Community fund; Respite SUPPOTt
Age UK Dementia M￿T Programme
Redcar & Cleveland BC: Dementai Advisor Service
Redcar & Cleveland BC,. Older Peoples PartneTship
Redcar & Clevland BC. Digital Explorer
Winter Warmth Campaign
Transport fundin8 - Redcar & Cleveland
Middlesbrough BC,. Recover funding
Coop Local community fund,. Teconnecting Skelton
Age UK Digital Champions
Age UK Cost of Living Response Carers Connect
Sky Garden project
Catalyst Stockton Travel fund
Durham University
Elsie Pilkington Charitable Trust,. Stronger Together
27,500
69,312
44,600
20,000
40,000
1,579
27,500
69,312
44,600
20,000
40,000
1,579
2,000
50,376
21,107
2,377
2,639
6,183
52,917
11,964
30,083
3,947
955
20,715
1,873
36,352
40,000
1,263
366
2,000
50,376
12,727
6,698
6,698
8,380
2,377
3,322
3,029
2,915
683
3,154
50,002
11,964
30,083
475
3,472
2,092
20,715
1,873
8,234
10,000
1,137
19,500
19,500
34,816
30,000
2,000
1,000
2,346
3,453
68,409 454,887
{6,698}
737
634
2346
1,075
491,529
2J78
31,767
Advice and Inforniation
Henry Smith; Hartlepool Welfare Benefits
Middlesbrough Welfare Benefit and Debt Advice
Age UK; Warm Homes Energy Checks
National Lottery,, I & A Service
Poverty Hurts- RedcaT I&A
Woodsmith; Cost of Living Crisis
Woodsmith; Redcar & Cleveland I&A
8,050
32,200
17,500
14,550
32,201
17,500
14,550
6,667
6,737
3,000
17,641
98,296
8.049
6,667
6,737
3,000
23,385
47,839
5,744
13,793
64,250
Total
116,248 519,137
589,825
45560
24

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
16. RESTRIcfED FUNDS - continued
HeAIth & Wellbeing
Phoenix Project activities and the Befriending service continue to be ￿nded by Middlesbrough
Borough Council.
Stockton-on-Tees BC has continued to provide funding for the BetteT Health Better Wealth proiect.
Funding for the Befriending service is provided by Redcar & Cleveland BC.
A three-year Dementia Advisor SeTvice for Middlesbrough continues. funding has been provided by
the Borough Council and spent during the year.
Middlesbrough BC provided funding for a Therapeutic Hoarding service which ended in January
2025. Thi5 Service has supported people with complex and compulsive hoarding disorders. Funding
has been spent in full during the year.
Funding brought forward from Middlesbrough Bc's Better Care of £19,500 has been used to continue
the 'Recover' seTvice throughout 2024/25. A further £18,600 has been received and will be carried
forward to meet costs for 2025/26.
Funding has been received (and spent in the year) from the Ageing Well Parknership to fund Redcar
and Cleveland's Older Peoples Parhiership.
The National Lottery have provided funding so that the charity can continue its 'Carer Connecy
service in Redcar and Cleveland. Any funds unspent at the end of the year will be carried forward
and spent in 2025/26.
Sports England have provided funding for a 'Fithess and Friendship, programme, which wi]I
provide free fitness sessions.
Funding has been received fvom Middlesbrough BC for complimentary therapy for carers. This will
be carried forward and spent in 2025/26. Anything unspent at the year end will be carried forward to
2025126.
Funding has been received from Tees Valley Communyty Foundation of £2,OOLI, WG Edwards
Charitable Foundation of £770 and from Middlesbrough BC of £1,000 to Support 'Mindfulness in the
form of Arg sessions in the Middlesbrough and Stockton-on-Tees areas. Anything unspent at the
year end will be carried forward to 2025/26.
MFC Foundation has provided funding of a707 for a 'Stronger Together, Programme where
social/exercise sessions will be provided over six months. Anything unspent at the year end will be
carried forward to 2025/26.
25

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
I& RESTRICTED FUNDS - continued
Advice & Inforniation
Age UK as part of Eon Warm Home Discount Scheme has provided funds, in respect of the
Handyperson Home Energy Checks programme 2024-25 to de]iveT horne energy checks.
Funding has been Provided to support the welfare benefit advice provision in Middlesbrough by:
Citizens Advice Bureau.
The Jack Brnnton Charitable Trust;
The Noble Charitable Trust;
The Nortt￿nbY ChaTitable TTUS("
Lord Barnby Charitable TTUSL"
and the Frances WiTtham Foundation.
In Hartlepool, the Henry Smith ChaTitable Foundation via the CDCF has provided fundins for this
service and in Redcar and CIeveland funding has been provided by the Woodsmith Foundation
and the National Lottery Fund.
26

AGE UK TEESSIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Restricted Unrestricted
Total
At 31 March 2025:
Tangible fixed assets
Current assets
Creditors: due in le55 than one year
3,596
599,460
(32,953)
8,564
679205
(32,953)
79,744
84,712
570,104
6542116
At 31 Mareh 2024:
Tangible fixed assets
Current assets
Creditors: due in less than one year
8,493
593,668
(16,616)
8A93
639228
(16,616)
45,560
45,560
585,545
631,105
18. ULTIMATE CONTROLLING PARTY
The Charity is under the control of the Board of Trustees.
19. STATUTORY INFORMfioN
Age UK (Teesside) Limited is a company limited by guarantee and has no share capital.
The company is registered in England and Wales and its registered number and office address can
found within the 'Reference and Administrative Details, of the Report of the TTUSteeg.
27