Charity registration number: 702763
Age Concern Carlton and District
Annual Report and Financial Statements for the Year Ended 30 September 2024
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Age Concern Carlton and District
Contents (continued)
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Statement of Trustees' Responsibilities | 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 to 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 18 |
Age Concern Carlton and District
Reference and Administrative Details
Trustees Russell Chapman Ralph Ferguson Timothy Beaver Joy Thackeray Julie Carver-Smith Senior Management Team T Pearson, Volunteer Coordinator Julie Buckle, Volunteer Coordinator, Since 01/03/2024 Tracy Logan, Volunteer Coordinator, Since 01/01/2024 S Layton, Occupational Therapist, Until 30/04/2024 A Millhouse, Volunteer Coordinator, Until 28/02/2024 J Carver-Smith, Volunteer Coordinator, Until 31/12/2023
Secretary (Freelance) R A Ferguson Charity Registration Number 702763 Principal Office 352-356 Carlton Hill Nottingham NG4 1JB Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
Age Concern Carlton and District
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 30 September 2024.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Russell Chapman Ralph Ferguson Timothy Beaver Joy Thackeray
Julie Carver-Smith (appointed 1 January 2024)
Structure, governance and management
Nature of governing document
The charity is operated under the rules of its constitution adopted 25 April 1990.
Recruitment and appointment of trustees
We operate a skills based recruitment process.
Objectives and activities
Objects and aims
To promote the welfare of the aged in any manner which now is or hereafter may be deemed by law to be charitable within the area bounded by the Gedling Borough boundary with the City of Nottingham in the west and south and bounded by Mapperley Plains in the north and the boundary with Newark & Sherwood District Council in the east.
Objectives, strategies and activities
Social & activities centre, lunch club, drop in tearoom, occupational therapist support & advice, telephone befriending, outings, holidays, walking group.
Public benefit
Older people often living alone and in isolation with little family support are some of the most vulnerable individuals in our community and a principal focus of our attention.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 2
Age Concern Carlton and District
Trustees' Report (continued)
Achievements and performance
Our aim is to daily strive to support our ethos of celebrating later life and reducing the feelings of isolation and loneliness. We achieve this by offering a number of services including the Mayfield Centre, Luncheon Club and our Drop in Tearoom.
The Mayfield Centre operates four days a week, Tuesday to Friday from 10:00-2:30, offering activities and a freshly prepared three course lunch. We continue to serve members from the local area and have members who attend weekly, a few attend every day we are open. However, we are still feeling the effects of Covid and our numbers are lower than we would like. We are looking to address this very soon by launching a marketing campaign to raise awareness of this service.
Once again, we were able to offer our members a holiday to Llandudno in September. This annual trip is very popular and will continue in future years.
The Luncheon Club which operates within the Mayfield Centre continues to thrive. A freshly prepared three course meal is available to book on an ad hoc basis and regularly has between eight to ten people a day who join the members of the Mayfield Centre.Additionally, we offer a monthly luncheon club to a local group of older people. Attendance at this event is usually between twenty to twenty-four people.
Afternoon Teas can be booked through our tearoom, again we have a regular group of approximately twenty people who come monthly but also cater for ad-hoc bookings. Interest in afternoon teas is increasing.
Our small Tea Room is open Monday to Saturday and can accommodate up to sixteen people. It offers very reasonably priced refreshments including light lunches, snacks and a variety of drinks, a listening ear and companionship and a warm space in the colder months. We have on average thirteen regular customers every day and the occasional passerby.
This year saw the referral rate for the telephone befriending service reduce. After speaking with local social prescribers, who are our main referrers, there are now a few more small telephone befriending services in the area, so the need for this kind of support is being spread across more services. Additionally, older adults are increasingly asking for in-person befriending, to support with attending social events and do regular tasks, such as attending appointments and shopping, rather than telephone befriending alone.
In total there were twenty-nine older adults benefitting from the service and twenty-four volunteers (some volunteers call more than one person).
This year, we trialled an in-person befriending service, which went well, but we were unable to find more volunteers to make this a regular service to offer older adults in our community. It may be something we consider revisiting in the future.
Page 3
Age Concern Carlton and District
Trustees' Report (continued)
We felt that the telephone befriending service was coming to a gradual natural close and took the decision, after consulting the National Lottery, who provided funding, to close the service at the end of September 2024, instead of March 2025. This meant that we did not incur a further annual charge from the call handling service from October. Eight of the existing volunteer befriender/service user partnerships decided to continue their friendship on an independent basis, and the telephone befriending service manager continued to work with existing service users, to either find alternative befriending services, or to support them in finding local in-person activities to participate in. The service was officially closed on the 17th March 2025.
There was an underspend, from the National Lottery Grant, of £1719. The National Lottery agreed that this money could be used to buy kitchen equipment and to pay for annual staff training.
Our main source of income is generated through our charity shop which is run by a manager and a team of thirty-five dedicated volunteers. Sales have remained stable despite a drop in the price of rags and competition from Vinted, EBay and many other on-line sites used by individuals to sell items. We continue to receive a steady flow of high-quality second-hand items, including electricals and furniture. Higher priced items, where the price cannot be achieved in the shop, will be sent to the auction, in future. A volunteer has offered to assist with this.
Early in the financial year we were dealt a blow when our Honorary Secretary of over 35 years was forced to retire due to ill health. His experience and the wealth of knowledge he possessed had an impact. Our shop manager also left due to ill health. However, in early February 2024 we recruited a new shop manager, who has settled in well. We created a new part time role of Charity Operations Manager to replace the Honorary Secretary role. The role was filled in November 2024.
We continue to be very grateful for the support we receive from a dedicated team of volunteers who support the shop, the Mayfield Centre and the Tea Room, between them they give over 10,985 hours to the charity enabling us to offer our services, we could not survive without them.
Financial review
Policy on reserves
Our income and expenditure has remained remarkably consistent over many years, largely thanks to our policy of not becoming reliant upon statutory funding and instead focusing on unrestricted income generation largely through our charity shop. However it is considered prudent to aim for reserves equivalent to 26 weeks average expenditure (currently 7 weeks).
Page 4
Age Concern Cgrlton and Distrlct ststement of Trustees, Responsibilities The trustees are responsible for prqrg the ttustees, rqN)rt and the financial statements in accordance with the United Kingdom A¢countin8 Standards (Unitrd Kingdom Generally Acceptrd Accounting Prdctice) and applicable law and regulations. The law applicable to charities requir the In to PTepaTe financial statements for each financia] year which give a te and fair view of the state of affair5 of the charity and of the incoming re50ur¢es and applteation of resources of the charity for that period. In preparing these financial ststements, the ITuses aTe requiTed to: select suitable accounting lIcI and then apply them consistently; observe the methods and principles in the Charities SORP. mak¢ judgements and estin]th that are reasonable and prudeDL" sta whether applicable ac¢ountitig standards have followe SUbjt to any nterial departwes disclosed and explained in the fmanciaI statements: and prepare the fiDan¢ial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting reconls that disclose with Jrasonable accuracy at any time the financial position of the charity and ¢nable them to ensure that the financial statements comply with the Charities Act 2011. the Charities (Aeeounts and Re)rts} Regulalions 2008, and the provisions of the constitution. The truste are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for thc prevention and detection of fraud and other irre8ulariti The trustees are resp)nsible for the maintenance and integrity of the corporate and financial ]nforntion included on the charitsble CoMpanS website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. iyl.oy.J202S Approved by the trustees of the charity on . and signed on its behalf by: Joy Thackeray TrStee Page 5
Age Concern Carlton and District
Independent Examiner's Report to the trustees of Age Concern Carlton and District
Independent examiner’s report to the trustees of Age Concern Carlton and District
I report to the trustees on my examination of the accounts of Age Concern Carlton and District (the Charity) for the year ended 30 September 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
......................................
John O’Brien MSc, FAIA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
18/07/2025 Date:.............................
Page 6
Age Concern Carlton and District
Statement of Financial Activities for the Year Ended 30 September 2024
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Total Income Expenditure on: Charitable activities 5 Total Expenditure Net (expenditure)/income Gross transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted £ 6,231 227,533 233,764 (237,809) (237,809) (4,045) (1,187) (5,232) 36,854 31,622 |
Restricted £ - 40,734 40,734 (21,994) (21,994) 18,740 1,187 19,927 5,710 25,637 |
Total 2024 £ 6,231 268,267 274,498 (259,803) (259,803) 14,695 - 14,695 42,564 57,259 |
Total 2023 £ 3,602 255,132 |
|---|---|---|---|---|
| 258,734 | ||||
| (256,511) | ||||
| (256,511) | ||||
| 2,223 - |
||||
| 2,223 40,341 |
||||
| 42,564 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 13.
The notes on pages 10 to 18 form an integral part of these financial statements. Page 7
Age Concern Carlton and District
Statement of Financial Activities for the Year Ended 30 September 2024 (continued)
These are the figures for the previous accounting period and are included for comparative purposes
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Total Income Expenditure on: Charitable activities 5 Total Expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted £ 3,602 236,114 239,716 (238,635) (238,635) 1,081 35,773 36,854 |
Restricted £ - 19,018 19,018 (17,876) (17,876) 1,142 4,568 5,710 |
Total 2023 £ 3,602 255,132 |
|---|---|---|---|
| 258,734 | |||
| (256,511) | |||
| (256,511) | |||
| 2,223 40,341 |
|||
| 42,564 |
The notes on pages 10 to 18 form an integral part of these financial statements. Page 8
Age Concern Carlton and District (Registration number: 702763) Balance Sheet as at 30 September 2024 2024 2023 Note Flx¢d assets Tangible assets Current assets Debtors Cash at bank and in band 10 4,797 5,695 5.321 53.839 4,619 34,590 59.160 39.209 Credltors: Amounts falllng due wlthln one year 12 6,698 2,340) Net current a89¢ts 52.462 36.869 Net assets 57259 42,564 Fundi of the eharlty: Restrlcted Income funds Restricted fimd8 13 25,637 5,710 Unrestrleted Income fundi Unrestricted fimds 31,622 36,854 Total funds 13 57,259 42,564 The financial Statements on pages 7 to 18 were approved by the trLLStees, and authorised for issue on .. and signed on their behalf by". Russell Trustee The notes on pages 10 to 18 form an integrat part of these financial ststements. Page 9
Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Age Concern Carlton and District meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Exemption from preparing a cash flow statement
Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.
Going concern
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Page 10
Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024 (continued)
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £250 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Furniture & equipment | 15% reducing balance |
| Motor vehicles | 25% reducing balance |
| Computer equipment | 33% reducing balance |
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024 (continued)
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024 (continued)
2 Income from donations and legacies
| Donations and legacies; Donations from individuals Gift aid reclaimed Grants, including capital grants; Government grants |
Unrestricted funds General £ 3,793 2,438 - 6,231 |
Total 2024 £ 3,793 2,438 - 6,231 |
Total 2023 £ 3,402 - 200 |
|---|---|---|---|
| 3,602 |
3 Income from charitable activities
| Grants & donations Charity shop and services Fundraising Activities Membership Sundry receipts 4 Grants and donations National Lottery Local Councillors grant Sundry Gift Aid |
Unrestricted funds General £ - 171,950 899 7,978 46,042 664 227,533 |
Restricted funds £ 40,734 - - - - - 40,734 Unrestricted funds £ - 200 3,793 2,438 6,431 |
Total 2024 £ 40,734 171,950 899 7,978 46,042 664 268,267 Restricted funds £ 37,159 - 3,575 - 40,734 |
Total 2023 £ 19,018 187,813 1,468 4,445 42,388 - |
|---|---|---|---|---|
| 255,132 | ||||
| Total funds £ 37,159 200 7,368 2,438 |
||||
| 47,165 |
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Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024 (continued)
5 Expenditure on charitable activities
| Activities & trips Cleaning Telephone befriending Legal & Professional fees Bank charges Maintenance Rent & services Insurance Utilities Vehicle expense Volunteer & staff expenses Depreciation Fundraising General office costs Equipment, repairs & renewals Hospitality/Refreshments Travel expenses Card transaction fees Food shopping Freelance Staffing Sundry expense Telephone & postage Wages, NI & pensions |
Unrestricted funds General £ - 5,311 - 3,296 1,022 1,028 47,473 3,799 9,594 5,315 - 898 70 410 2,318 853 23,655 3,588 11,798 3,565 2,481 1,168 110,167 237,809 |
Restricted funds £ 4,762 - 17,232 - - - - - - - - - - - - - - - - - - - - 21,994 |
Total 2024 £ 4,762 5,311 17,232 3,296 1,022 1,028 47,473 3,799 9,594 5,315 - 898 70 410 2,318 853 23,655 3,588 11,798 3,565 2,481 1,168 110,167 259,803 |
Total 2023 £ 24,244 5,344 17,876 6,589 1,247 643 48,593 3,276 - 479 16,730 1,080 2,008 3,775 402 7,296 - - - - - 1,011 115,918 |
|---|---|---|---|---|
| 256,511 |
6 Net incoming/outgoing resources
Net incoming resources for the year include:
Depreciation of fixed assets
| 2024 £ 898 |
2023 £ 1,080 |
|---|---|
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Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024 (continued)
7 Staff costs
The aggregate payroll costs were as follows:
| The aggregate payroll costs were as follows: | ||
|---|---|---|
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2024 £ 103,330 4,979 1,858 110,167 |
2023 £ 112,896 1,252 1,770 |
| 115,918 |
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
| Average number of employees during the year | 2024 No 5 |
2023 No 4 |
|---|---|---|
5 (2023 - 4) of the above employees participated in the Defined Contribution Pension Schemes.
No employee received emoluments of more than £60,000 during the year
The total employee benefits of the key management personnel of the charity were £87,580 (2023 - £87,558).
8 Independent examiner's fees
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
| Accounting Plus are analysed as follows: | ||
|---|---|---|
| Independent examination Other financial services |
2024 £ 1,182 730 1,912 |
2023 £ 985 625 |
| 1,610 |
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Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024 (continued)
9 Taxation
The charity is a registered charity and is therefore exempt from taxation.
10 Tangible fixed assets
| Furniture and equipment £ Cost At 1 October 2023 25,825 At 30 September 2024 25,825 Depreciation At 1 October 2023 20,416 Charge for the year 811 At 30 September 2024 21,227 Net book value At 30 September 2024 4,598 At 30 September 2023 5,409 11 Debtors Trade debtors Prepayments Other debtors 12 Creditors: amounts falling due within one year Trade creditors Other taxation and social security Other creditors Accruals |
Motor vehicles £ 6,295 6,295 6,200 24 6,224 71 95 |
Motor vehicles £ 6,295 6,295 6,200 24 6,224 71 95 |
Computer equipment £ 1,005 |
Total £ 33,125 33,125 27,430 898 28,328 4,797 5,695 2023 £ - - 4,619 |
|
|---|---|---|---|---|---|
| 6,295 | 1,005 | ||||
| 6,200 24 |
814 63 |
||||
| 6,224 | 877 | ||||
| 71 | 128 | ||||
| 95 | 191 | ||||
| 2024 £ 4,456 865 - 5,321 2024 £ 1,560 3,565 1,182 391 6,698 |
|||||
| 4,619 | |||||
| 2023 £ - 807 1,533 - |
|||||
| 2,340 |
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Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024 (continued)
13 Funds
| 13 Funds | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | ||||||||
| Balance at | 1 | 30 | ||||||
| October | Incoming | Resources | September | |||||
| 2023 | resources | expended | Transfers | 2024 | ||||
| £ | £ | £ | £ | £ | ||||
| Unrestricted funds | ||||||||
| General | ||||||||
| General | 36,854 | 233,764 | (237,809) | (1,187) | 31,622 | |||
| Restricted funds | ||||||||
| Telephone befriending | ||||||||
| (National Lottery) | 5,710 | 17,159 | (17,232) | - | 5,637 | |||
| Llandudno Holiday | - | 3,575 | (4,762) | 1,187 | - | |||
| Refurbishment | - | 20,000 | - | - | 20,000 | |||
| Total restricted funds | 5,710 | 40,734 | (21,994) | 1,187 | 25,637 | |||
| Total funds | 42,564 | 274,498 | (259,803) | - | 57,259 | |||
| Balance at 30 | ||||||||
| Balance at 1 | Incoming | Resources | September | |||||
| October | 2022 | resources | expended | 2023 | ||||
| £ | £ | £ | £ | |||||
| Unrestricted funds | ||||||||
| General | ||||||||
| General | 35,773 | 239,716 | (238,635) | 36,854 | ||||
| Restricted | ||||||||
| Telephone befriending | (National | |||||||
| Lottery) | 4,568 | 19,018 | (17,876) | 5,710 | ||||
| Total funds | 40,341 | 258,734 | (256,511) | 42,564 |
The specific purposes for which the funds are to be applied are as follows:
Telephone befriending: Provision of emotional support by telephone to isolated older people and help with essentials.
Llandudno Holiday: Annual holiday in Llandudno organised for Day Centre members.
Refurbishment Funds:
- 1.New stainless steel cabinets and refurbishment of the Day Centre kitchen.
2.Repair of the damaged roof in our Day Centre.
The transfer from the General fund to the Llandudno Holiday fund is to cover the deficit on this activity.
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Age Concern Carlton and District
Notes to the Financial Statements for the Year Ended 30 September 2024 (continued)
14 Analysis of net assets between funds
| 14 Analysis of net assets between funds | |||
|---|---|---|---|
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 4,797 33,523 (6,698) 31,622 Unrestricted funds General £ 5,695 33,499 (2,340) 36,854 |
Restricted funds £ - 25,637 - 25,637 Restricted funds £ - 5,710 - 5,710 |
Total funds at 30 September 2024 £ 4,797 59,160 (6,698) |
| 57,259 | |||
| Total funds at 30 September 2023 £ 5,695 39,209 (2,340) |
|||
| 42,564 |
Page 18