## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Senior Management
Julian
Kirby
Simon Billingham
Sarah Cardy|Personnel|Chief Executive Officer
Acting Chief Executive Officer
Chief Executive Oflicer|Resigned
1/8/2020
Appointed|31/07/2020
to 28/2/2021
14/06/2021| |---|---|---|---|---| |Matthew
Morrison-Clarke||Director of Paid for Services*||| |John Truss||Programmes
Manager||| |Plppa Webster||Area Manager South||| |Amanda
Whipp||Finance Manager"||| ## ## ## ## ## ## ## ## |has remaine|d
closed to the pub|lic throughout
the year.|| |---|---|---|---| |Activity||2020-21|2019-
20| |Average
week/y|||15| |hours
room|hire||| |(when open)|||| |No.
of
unique|||19| |groups
who|use||| |centre|||| |reguieriy**|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||for the Year|Ended 31 March|2021||| |---|---|---|---|---|---|---|---| |||||||2021|2020| ||||Unrestricted|Designated|Restricted|Total|Total| ||||funds|funds|funds|funds|funds| ||||||||as restated| |||Notes|f||||f| |INCOME AND ENDOWMENTS|||||||| |FROM
Donations
and legacies|||131,579||266,571|398,150|201,100| |Charitable
activities
Provision
of services|||711,825||41,844|753,669|599,345| |Other trading
activities
Investment
income
Other income|||1,080
326|||1,080
326|6,530
1,133
36| |Tots
I|||844,810||308,415|1,153,225|808,144| |EXPENDITURE ON
Raising funds||7|37,280|||37,280|30,739| |Charitable
activities
Provision
ofservices||8|735,754||244,703|980,457|785,544| |Total|||773,034||244,703|1,017,737|816,283| |NET INCOME/(EXPENDITURE)|||71,776||63,712|135,488|(8,139)| |Transfers
between
funds||25|52,368|~39,929)|~12,439)||| |Other recognised|||||||| |gains/(losses)
Actuarial
gains/(losses)
defined benefitschemes|on||~3,000)|||~3,000)|3,000| |Net movement
In funds|||121,144|(39,929)|51,273|132,488|(5,139)| |RECONCILIATION
OF|FUNDS||||||| |Total funds
brought
forward
As previously
reported
Prior year adjustment||16|415,937
~5,733)|179,929|73,636|669,502
~5733)|668,908| |As restated|||410,204|179,929|73,636|663,769|668,908| |TOTAL FUNDS CARRIED
FORWARD|||531,348|~140 000|124,909|796,257|663,769| ||A e UKWiitshlre|Re istered number: 02121|174|| |---|---|---|---|---| |||Balance Sheet||| |||31 March 2021||| ||||2021|2020| |||||as restated| |||Notes||| |FIXEDASSETS||||| |Tangible assets||18|18,801|12,663| |Investments||19|1|1| ||||18,802|12,664| |CURRENT ASSETS||||| |Stocks||20|2,656|1,479| |Debtors: amounts|falling due within one year|21|65,680|86,848| |Debtors: amounts|failing due after more than one|||| |year
Cash at bank and|in hand|21|11,040
~775 394|614,283| ||||854,770|702,610| |CREDITORS||||| |Amounts
falling due within one year||22|(74,315)|(48,505)| |NET CURRENT ASSETS|||780,455|~654 105| |TOTAL ASSETS LESSCURRENT LIABILITIES|||799,257|666,769| |PENSION LIABILITY||26|(3,000)|(3,000)| |NET ASSETS|||796,257|663,769| |FUNDS||25||| |Unrestricted
funds||||| |General
funds|||531,348|410,204| |Designated
funds|||140000
671,348|179,929
590,133| |Restricted funds|||124,909|~73 636| |TOTAL FUNDS|||796,257|663,769| ## |||||~AUK wilt
rI||| |---|---|---|---|---|---|---| |||||Cash Flow Statement||| ||||for the|Year Ended 31 March|2021|| ||||||2021|2020| |||||||as restated| ||||Notes|||f| |Cash flows from operating
activities
Cash generated
from operations|||1||176,485|~51,062)| |Net cash provided
by/(used||in) operating|activities||176,485|~51 062)| |Cash flows from Investing||activities||||| |Purchase
of tangible 6xed assets
Interest received|||||(15,700)
326|(18,038)
1,133| |Net cash used in investing|activities||||~15,374)|~16,905)| |Change
In cash and cash
the reporting
period||equivalents|In||161,111|(67,967)| |Cash and cash equivalents
beginning
ofthe reporting||at the
period|||614,283|~682 250| |Cash and cash equivalents
the reporting
period||at the end|of||775,394|614,283| ## ## ## |RECONCILIATION
ACTIVITIES||OF|NE|T|INCOME/(EXPEN|DITURE)
TO NET|CASH FLOW|FROM OPERATI|NG| |---|---|---|---|---|---|---|---|---|---| |||||||||2021|2020| ||||||||||as restated| |Net income/(expenditure)||||for the reporting||period (as per the|||| |Statement of Financial|||Activities)|||||135,488|(8,139)| |Ad]ustments
for:|||||||||| |Depreciation
charges||||||||9,562|5,375| |Interest received||||||||(326)|(1,133)| |Increase
in stocks||||||||(1,177)|(1,479)| |Decrease
in debtors||||||||10,128|31,077| |Increase/(decrease)
Difference between||in creditors
pension
charge and cash||||contributions||25,810
~3000)|(67,763)
~9000)| |Net cash provided||by/(used|||In) operations|||176,485|~51 062)| |ANALYSIS OF CHANGES||||IN NET FUNDS|||||| ||||||||AI 1.4.20
f|Cash flow
f|At 31.3.21
f| |Net cash|||||||||| |Cash at bank and|in|hand|||||614,283|~161 111|~775 394| ||||||||614,283|~161 111|~775 394| |Total|||||||614,283|161,111|775,394| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Grants received,
included
in the|above, ar|e as follows:||| |---|---|---|---|---| ||||2021f|2020| |Age UK England
MOD Armed Forces Covenant|||121,803
18,800|40,457| |Morris Beneficent Fund||||40,000| |Wiitshire
& Swindon
Sport WASP
Wlltshire
Community
Foundation
The Clothworkers'
Foundation|||46,372
49,331|16,861
10,000| |Morrison
Foundation||||1,000| |Chippenham
Borough Lands
West Swindon
Parish Council||||10,981
14,539| |Centre for Sustainable
Energy
Radian
Group
National
Lottery
Friends
& Forum|||750
76,798
750|7,728| |Groundwork
UK|||500|| |Neighbourly
Limited
The Openwork
Foundation
Retain Healthcare|||400
10,000
5,000|| ||||~330 504|141,566| |OTHER TRADING ACTIVITIES||||| ||||2021f|2020f| |Hall hire|||1,080|6,505| |Cafd income||||25| ||||1,080|~6530| |INVESTMENT INCOME||||| ||||2021|2020| ||||6|6| |Deposit account Interest|||326|1,133| |INCOME FROM CHARITABLE|ACTIVITIES|||| ||||2021|2020| ||Activity|||| |Grants|Provision|ofservices|53,006|238,261| |Income from charged for||||| |services to beneficiaries
of||||| |the charity
Living Well service
Home from Hospital service
Community
meals|Provision
Provision
Provision
Provision|ofservices
ofservices
ofservices
ofservices|15,655
135,077
335,233
~214698|25,021
148,953
186,440
670| ||||~753 669|~599 345| ## ## |Activity||||||||||||2021|2020
f| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Grants|Fees||Contract|||Total|Total| |Core services||||||6,945||||||6,945|172,000| |Information
&|Advice|||||41,844||||||41,844|60,781| |Fitness & Friendship||||||4,217|980|||||5,197|13,709| |Living
Well
Gardening|||||||9,960||135,077|||135,077
9,960|148,953
8,720| |Home from Hospital|||||||||335,233|||335,234|186,440| |HIV Project
Community
meals
Other|||||||219,413|||||219,412|8,580
670
~508)| |Total||||||53,006|330,353||470370|||753,669|599,345| |Grants received, included|||in|the above,||are as follows:|||||||| |||||||||||2021f|||2020| |Age UK England
Wiltshire
Council - investment||||grant||||||41,844|||60,781
86,000| |Wiltshire
NHS|CCG|- investment|||grant||||||||86,000| |Public Health|England||||||||||||8,580| |Other|||||||||||||(3,100)| |Coronavirus
Job retention|||scheme|||||||11,162|||| |||||||||||53,006|||~238 261| |RAISING FUNDS|||||||||||||| |Raising donations||and|legacies|||||||2021
f.|||2020f| |Staff costs||||||||||5,633|||15,980| |Sundries|||||||||||||299| |Subscriptions|||||||||||200||200| |Support costs||||||||||~31||447|14260| |||||||||||37|280||30,739| |CHARITABLE|ACTIVITIES|||COSTS|||||||||| |||||||||Grant|||||| |||||||||funding|of||||| |||||||Direct||activities||Support|||| |||||||Costs|(see|(see note||costs||(see|| |||||||note 9)
f||10)
f||note
f||11)|Totals
f| |Provision
ofservices||||||715,504||29,371||235,582|||980,457| ## ## ## |Analysis of direct|Analysis of direct|||||||2020as| |---|---|---|---|---|---|---|---|---| |costs|||||||2021|restated
f| |||||||Support costs||| |Activity||Direct|stalf costs|Other direct|costs||Total|Total| |Information
&Advice|||56,151||2,918|34,802|93,871|177,502| |Fitness 8 Friendship|||18,896||3,183|8,031|30,110|53,256| |Living Well|||123,551||9,132|18,740|151,423|205,147| |Gardening|||7,368||1|2,677|10,046|10,921| |Home from Hospital|||81,331|41,984||69,604|192,919|163,265| |HIV Project||||||||1,267| |Community
meals|||184,223|143,203||82,989|410,415|37,148| |Wellbeing|||31,586||62|10,708|42,356|21,391| |Toothill|||253||2,971|5,354|8,578|64,568| |Mental
Health Project||||||||42,005| |Surviving
Winter|||3,965||||3,965|| |Click &Connect|||4,631||94|2,677|7,402|| |Other||||||||9,074| |Total|||511,955|283,548||235 582|951,tl85|285 544| |Grants payable
10)|(note|||29,371|||~29 371|| |Total|||511,955|2113548||235,582|980,456|785,544| |Basis of allocation of||support costs; Percentage||ofstaff time||||| |GRANTS PAYABLE||||||||| ||||||||2021f|2020
f| |Provision ofservices|||||||29,371|| |The total grants|paid to institutions||during
the year was as follows:|||||| ||||||||2021f|2020
f| |AbllityNet
partnership||agreement|||||5,000|| |Wiltshire Sight|||||||~5000|| ||||||||10,000|| |The total grants|paid to individuals||during
the year was as follows:|||||| ||||||||2021f|2020
f.| |Grants to individuals|||||||19,371|| ## ## ## ## ## |SUPPORT COSTS|||||| |---|---|---|---|---|---| |||||Governance|| ||||Management
f|costs
f|Totals
f| |Raising donations
and legacies
Provision
ofservices|||31,447
226,240|9,342|31,447
235,582| ||||~257 687|9,342|~267 029| |Analysis
of support costs||||2021|2020| |||||f|f| |Staff costs
Premises||||169,561
15,552|191,855
24,964| |Of/ice costs and sundries
Depreciation
Governance
costs||||63,012
9,562
9342|68,171
3,465
7,513| |||||292 929|295,968| |NET INCOME/(EXPENDITURE)|||||| |Net income/(expenditure)|is stated after charging/(crediting):|||2021|2020| ||||||as restated| |||||f|f| |Depreciation
-owned assets
Accountancy
and independent
examination
Operating
leases - land and buildings
Operating
leases - other
Auditods
remuneration||||9,562
15,480
23,268
9,342|5,375
3,200
20,040
3,031| ## ## ## |STAFF COSTS||||| |---|---|---|---|---| ||||2021f|2020f| |Wages and salades
Social security costs
Other pension costs|||601,738
34,193
51,221|441,467
31,594
50,461| ||||~687 152|~523 522| |The average
monthly|number ofemployees|duting the year was as follows:||| ||||2021|2020| |Direct charitable|||15|18| |Fundraising
and publicity
Management
and administration||||1
6| ||||19|25| ## ## ## ## ## ## ## |e key managemen
p



listed
on page 4. The total employee
benefits
of the key management
personnel
(2020:8173,701).|e key managemen
p



listed
on page 4. The total employee
benefits
of the key management
personnel
(2020:8173,701).|e key managemen
p



listed
on page 4. The total employee
benefits
of the key management
personnel
(2020:8173,701).|e key managemen
p



listed
on page 4. The total employee
benefits
of the key management
personnel
(2020:8173,701).|e key managemen
p



listed
on page 4. The total employee
benefits
of the key management
personnel
(2020:8173,701).|of the charity|were 8180,196| |---|---|---|---|---|---|---| |COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||| ||||Unrestricted|Designated|Restricted|Total| ||||funds|funds|funds|funds| |||||||as restated| |||||||f| |INCOME AND ENDOWMENTS
Donations
and legacies||FROM|97,741||103,359|201,100| |Charitable
activities
Provision
ofservices|||533,084||66,261|599,345| |Other trading
activities
Investment
income
Other income|||6,530
1,133
36|||6,530
1,133
36| |Total|||638,524||169,620|808,144| |EXPENDITURE ON
Raising funds|||30,739|||30,739| |Charitable
activities
Provision ofservices|||509,303||276,241|785,544| |Total|||540,042||276,241|816,283| |NET INCOMB(EXPENDITURE)|||98,482||(106,621)|(8,139)| |Transfers
between funds|||39,499|~26 529)|~12,970)|| |Other recognised
gains/(losses)
Actuarial
gains on defined
benefit schemes|||~3000|||3,000| |Net movement
in funds|||140,981|(26,529)|(119,591)|(5,139)| |RECONCILIATION
OF FUNDS||||||| |Total funds brought
forward|||269,223|206,458|193,227|668,908| |TOTAL FUNDS CARRIED|FORWARD||~410 204|~179 929|~73 636|663,769| ## ## ## ## |GOVERN|MEN|T
GR|ANT AND GO|VERNMENT
CONTRACT IN|COME:|| |---|---|---|---|---|---|---| ||||||2021|2020| |||||||6| |Wiltshire|County Council||||335,233|272,440| |Wiltshire|NHS|CCG||||82,900| |Public Health||England||||8,580| |HMRC Coronavirus|||Job Retention|Scheme|11,162|| ## ## ## |TANGIBLE FIXEDASSETS|||| |---|---|---|---| ||Fixtures||| ||and|Computer|| ||fittings|equipment|Totals| ||6|F|6| |COST|||| |At 1 April 2020|7,643|10,395|18,038| |Additions|12,569|3,131|15,700| |At 31 March 2021|20,212|13,526|~33 738| |DEPRECIATION|||| |At 1 Apdl 2020
Charge for year|1,910
5,053|3,465
4,509|5,375
9,562| |At 31 March 2021|6,963|7,974|14,937| |NET BOOK VALUE|||| |At 31 March 2021|~13 249|5,552|~18 801| |At 31 March 2020|5,733|6,930|12,663| |FIXEDASSET INVESTMENTS|||| ||||Shares
in| ||||group| ||||undertakings
f| |MARKET VALUE|||| |At 1 April 2020 and 31 March 2021|||| |NET BOOK VALUE|||| |At 31 March 2021|||1| |At 31 March 2020|||1| ## |20.|STOCKS|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||2021|2020| ||||||||||||f|f| ||Stocks||||||||||2,656|1,479| |21.|DEBTORS:AMOUNTS||FALLING||DUE WITHIN||ONE YEAR||||2021|2020| |||||||||||||f| ||Trade debtors||||||||||29,198|39,473| ||Other debtors|||||||||||45,937| ||Prepayments
and accrued|||income|||||||36,482|1,438| ||||||||||||65,680|~86 848| ||DEBTORS: AMOUNTS||FALLING||DUE AFTER||MORE THAN ONE YEAR|||||| ||||||||||||2021|2020| ||||||||||||f|f.| ||Accrued
income||||||||||11,040|| |22.|CREDITORS: AMOUNTS|||FALLING DUE||WITHIN||ONE YEAR||||| ||||||||||||2021
f|2020
f| ||Trade creditors||||||||||14,973|5,540| ||Social security
Other creditors|and other|taxes||||||||8,525
574|9,039| ||Accrued expenses||||||||||~50 243|~33 926| ||||||||||||74,315|48,505| |23.|LEASING AGREEMENTS|||||||||||| ||Minimum
lease|payments||under non-cancellable|||operating||leases fall due as follows:|||| ||||||||||||2021|2020| ||||||||||||f.|| ||Within one year
Between one and five years||||||||||37,007
14,064|17,752
16134| ||||||||||||51,071|33886| |24.|ANALYSIS OF|NET ASSETS BETWEEN||||FUNDS||||||| ||||||||||||2021|2020| |||||||||||||as restated| ||||||Unrestricted|||Designated||Restricted|Total|Total| ||||||funds
f|||funds
f||funds
f|funds
f|funds
f| ||Fixed assets||||18,801||||||18,801|12,663| ||Investments|||||1|||||1|1| ||Current assets||||589,861|||140,000||124,909|854,770|702,610| ||Current
liabifitles
Pension
liabfiity||||(74,315)
~3000)||||||(74,315)
~3000)|(48,505)
~3000)| ||||||~531 348|||140,000||124,909|~796 257|~663 769| ## |||
for the Year|Ended 31 March|2021||| |---|---|---|---|---|---|---| |25.
MOVEMENT
IN FUNDS||||||| ||||Prior|Net|Transfers|| |||At 1.4.20
f|year
adjustment
f|movement
in funds
f|between
funds
f|At
31.3.21
f| |Unrestricted
funds||||||| |General
fund||418,937|(5,733)|68,776|52,368|534,348| |Legacies &Special Purposes
Fund||179,929|||(179,929)|| |Age Concern
Defined Benefit||(3,000)||||(3,000)| |Pension
Fund||||||| |Dilapidations
IT equipment
Strategic Development
Business Development|||||40,000
25,000
25,000
50,000|40,000
25,000
25,000
50,000| |||595,866|(5,733)|68,776|12,439|671,348| |Restricted funds||||||| |Legacies &Special Purposes
Activities
- Development
Projects||35,926
15,262||(15,014)||35,926
248| |IT Club||2,293||(2,293)||| |Salisbury
Health Activities||1,700||||1,700| |Well Being
Chippenham
Borough Lands
National
Lottery Community
WASP - GOGA project|Fund|7,474
10,981||(7,474)
(3,741)
37,304
25,913|(3,986)|3,254
37,304
25,913| |Wiltshire
Community
Foundation-
Surviving
Winter||||15,564||15,564| |Wiltshire
Community
Foundatlon-
Covid 19response
grant||||8,453|(8,453)|| |Retain Healthcare
(Click &||||||| |Connect)||||5,000||5,000| |||73,636||63,712|~12,439)|~124909| |TOTAL FUNDS||~669 502|~5733)|~132 488||796,257| ## ## |Net movement
in funds,
incl|uded|in the abov|e are as follows:|||| |---|---|---|---|---|---|---| ||||Incoming|Resources|Gains and|Movement| ||||resources
f|expended|losses
f|in funds| |Unrestricted
funds
General
fund|||844,810|(776,034)||68,776| |Age Concern
Defined
Benefit Pension||Fund||3,000|~3,000)|| ||||844,810|(773,034)|(3,000)|68,776| |Restricted funds||||||| |Activities - Development
Projects
IT Club||||(15,014)
(2,293)||(15,014)
(2,293)| |Well Being
Chippenham
Borough Lands
WASP - Fitness& Friendship|||10,127|(7,474)
(3,741)
(10,127)||(7,474)
(3,741)| |EoN|||34,844|(34,844)||| |Building
resilience
AUKN Covid emergency
appeal|||7,313
50,557|(7,313)
(50,557)||| |Armed Forces Covenant
grant|||18,800|(16,8oo)||| |Radian Group
Later Life Goals
National
Lottery Community
Fund
Friends
& Forum|||750
7,000
76,798
750|(750)
(7,000)
(39,494)
(750)||37,304| |WASP - tackling
inequality
WASP - GOGA project
Groundwork
UK|||3,125
33,120
500|(3,125)
(7,207)
(500)||25,913| |Neighbourly
Limited
The Openwork
Foundation
Wiltshire
Community
Foundation|- Surviving||400
10,000
38,900|(400)
(10,000)
(23,336)||15,564| |Winter
Wiltshire
Community
Foundation|- Covid 19||10,431|(1,978)||8,453| |response
grant
Retain Healthcare
(Click &Connect)|||5,000|||5,000| ||||308,415|~244 703)||63,712| |TOTAL FUNDS|||1,153,225|~1,017,737)|~3,000)|132,488| ## ## ## |||||||||Net|Transfers|Transfers|| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||movement|between||At| ||||||||At 1.4.19|in funds|funds||31.3.20| ||||||||6|6|6||6| |Unrestricted
funds|||||||||||| |General
fund|||||||284,223|89,482|39,499||413,204| |Legacies 8 Special Purposes
Fund
Development
& Innovation
Fund
Salisbury
Dilapidations
Fund|||||||179,929
14,500
12,029||(14,500)
(12,029)||179,929| |Age Concern
Defined|Benefit|||Pension||Fund|~15,000)|12,000|||~3,000)| ||||||||475,681|101,482|12,970||590,133| |Restricted funds|||||||||||| |Legacies 8 Special Purposes
Wiltshire
Involvement
Network|||||||35,926
1,097|(1,097)|||35,926| |ACE Emergency
Grant||-|Swindon||Development||772|(772)|||| |Swindon
Befriending|||||||15,241|(15,241)|||| |18A Warm 8 Well|||||||7,604|(7,604)|||| |Activities - Development|||Projects||||15,262||||15,262| |Home from Hospital
IT Club|||||||13,303
2,293||(13,303)||2,293| |Salisbury
Health Activities|||||||1,700||||1,700| |John Lewis - KMan
in the|||Moon" Campaign||||571|(571)|||| |Downton
Project
Well Being
Zurich Toothill|||||||1,552
2,005|(1,552)
7,474
(2,055)||50|7,474| |Health
Education
England|||- Community|||Mental|73,257|(73,257)|||| |Health|||||||||||| |NHS - Calderdale
Project|||||||8,552|(8,552)|||| |Public Health
England
Clothworkers
Toothill||- HIV Project|||||14,092|(14,092)
(199)||199|| |West Swindon
PC
Chippenham
Borough||Lands||||||(84)
~10 981||84|~10981| ||||||||~193227|~106621)|~12,970)||~73 636| |TOTAL FUNDS|||||||~668 908|~5139)|||~663 769| ## ## ## ## ## ## ## ## |Current service cost| |---| |Past service cost| |Administration
expenses| |Defined|benefit| |---|---| |pension|plans| |2021|2020| ||as restated| |8|5| |2,000|2,000| |2,000|2,000| |~32 000|23,000| |Changes|in the present value ofthe defined
benefit obligatio|n
are as follows:|| |---|---|---|---| |||Defined|benefit| |||pension|plans| |||2021|2020| ||||as restated| ||||f| |Opening
Interest
Actuarial
Benefits|defined benefit obligation
cost
losses/(gains)
paid|323,000
7,000
28,000
~10000)|313,000
7,000
13,000
~10,000)| |||348,000|323,000| |Changes|In t|he fair value of scheme assets are as follows:||| |---|---|---|---|---| ||||Defined|benefit| ||||pension|plans| ||||2021|2020| |||||as restated| |Opening
fair value ofscheme assets
Contributions
by employer
interest income
Actuarial
gains/(losses)
Benefits paid
Administration
costs incurred|||320,000
5,000
7,000
25,000
(10,000)
~2,000)|298,000
11,000
7,000
16,000
(10,000)
~2000)| ||||~345 000|320,000| |The amo|unts
recognised
in other recognised
gains and|losses are as follows:|| |---|---|---|---| |||Defined|benefit| |||pension|plans| |||2021|2020| ||||as restated| ||||8| |Actuarial|gains/(losses)||~3000| |||~3000)|3,000| ## ## ## ## |The major categ|ories ofscheme as|sets as|a percentage
of total s|cheme|assets a|re as follows:|| |---|---|---|---|---|---|---|---| |||||||Defined|benefit| |||||||pension|plans| |||||||2021|2020| ||||||||as restated| |Equities
Diversified
growth
fund
Matching
assets-bonds
& gilts
Property
Cash||||||19.30%
1250%
65.80%
2.40%|1470%
12.40%
64.80%
7 10%
1 00o/| |||||||100.00%|100.00%| |Principal
actuarial
assumptions
at the Balance Sheet date (expressed as|||||weighted|averages):|| |||||||2021|2020| ||||||||as restated| |Discount rate||||||2.10%|2.20%| |CPI inflation||||||2.30%|1.80%| |Future pension
Future pension
RPI inflation|increases (RPI 3-5)
increases (RPI 2.5)|||||3.10%
2.50%
3.10%|3.00%
2.50%
2.80%| |Main demographic
assumptions:2021:95%|||ofS3P base tables projected||by year|of|| |birth assuming|future
Improvements|inline with CMI 2020 core projections|||with a long-||| |term rate of improvement
of1.0%2020:S3Pbase tables projected||||by year of birth|||| |assuming
future|improvements
in line with||CMI 2019 core projections
with a long-term||||| |rate of improvement
of1.0% p.a.
Mortality
Life expectancy
for male currently
Life expectancy
for female currently
Life expectancy
for male currently
Life expectancy
for female currently||aged 65
aged 65
aged 45
aged 45||22.1 years (age
24.4 years (age
23.1 years (age
25.6 years (age||2021
87.1)
89.4)
88.1)
90.6)
2020
21.7years (age 86.3)
24.0years (age 88.2)
22.7years (age 87.3)
25.2years (age 89.4)|| ## ## ##