AGE CONCERN, TEIGNMOUTH AND SHALDON ANNUAL REPORT
YEAR ENDED 30 JUNE 2021
Company Registration Number 2338079 Charity Registration Number 800996
Chairman’s Report
The last year has been perhaps the most challenging and difficult times in the history of the Alice Cross and there is absolutely NO DOUBT that if it were not for the outstanding management and dedication of Julia Street, we would not be here in 2021. I would like to thank her very much for always going above and beyond.
Alice Cross was visionary and ahead of her time when she established the Alice Cross organisation. I strongly believe that our core team of Julia, Alison and Yvonne show the same if not higher level of commitment and vison to provide services to the community of Teignmouth (and beyond) which, would make Alice Cross proud of the legacy she established.
Our board of volunteer trustees have been working behind the scenes to ensure that when the COVID crisis diminished we were in a strong position financial (though we still must watch every pound) and a strong position to move forward in 2021/22 with some exciting developments to take the Alice Cross forward for the next 20 plus years. Without the support of Pat Henchie, Debbie Minett, Lizzie Batson, and Sue Halfyard we would not be in the strong position we are now.
We still face some challenges over the next few years including acknowledging that
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There’s no such thing as a “typical older person”
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Our building needs some tender care and attention
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Our population is forecast to live longer, be more active and healthier in older life.
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There needs to be an emphasis on developing preventative and wellbeing services
As chair, as a board of trustees and as staff we can only do this with the continued support of our volunteers and clients and I very much look forward to working with you all.
Paul Burgess, Chair of Trustees
October 2021
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Age Concern Teignmouth & Shaldon Annual Report 2020-2021
Centre Manager’s Report
This has been an extraordinary year in so many ways! I am so proud of all the Centre managed to achieve and the work of the many volunteers, who are at the heart of this organisation, under such difficult conditions.
We continue to pursue ‘Pathways to Health’
with the MISSION: “ supporting the community by making later life a fulfilling and enjoyable experience ”
and VISION statement: “ to be the Community Centre of choice for improved health and wellbeing for all ”
Lockdown restrictions remained in place until August 2020. In July 2020, we gradually started to risk assess and to open the Centre for limited-service provision. We continued with outreach work supporting our clients with meals to the home, shopping, telephone support but not the usual services we provide onsite. Memory café reopened, in a very controlled Covid-19 safe way and we supported those clients as much as we could. The Centre had to close again in December with the next lockdown, but we again continued with outreach work. It was a great relief when we were able to secure vaccinations for our staff and team of amazing volunteers who worked throughout. In essence the Centre has not been able to operate as normal for at least half of this financial year.
The Team
Age Concern Teignmouth and Shaldon had six trustees during the year, one of whom has stepped down. Paul Burgess continues as Chair of Trustees and Elizabeth Batson as Treasurer. We extend our thanks to Paul Scholes for his time as trustee. The General Manager, Julia Street, is assisted by a part-time Centre Coordinator, Alison Fenton, part-time Volunteer Coordinator, Yvonne Lamond, part-time Development Officer, Sondoss Lemjid and part-time cleaner, Susan Hingley. We have an amazing catering team, cook and enthusiastic dedicated team of nearly 50 volunteers.
Paul Burgess –Chair Trustees Julia Street – General Manager Alison Fenton – Administrator Yvonne Lamond-Volunteer Coordinator
The team have continued to provide a professional and dedicated service, despite unusual working conditions, with lockdowns and restrictions of use of the Centre’s facilities. They have remained patient, caring and supportive of our clients and each other. I thank them for another year of incredible work, supporting over 400 people in our community.
The Centre could not function without the loyal band of over 50 volunteers giving an estimated 7,500 hours a year – which would cost £67,500 if they were each paid £9 an hour. Without their help the Centre would find it almost impossible to function - so a huge thank you to all you wonderful volunteers.
Covid-19 has brought an influx of new volunteers; many of them have helped with our meal to the home service, which has been a lifeline for isolated and housebound people. They have provided hours of journeys by car on foot, delivering meals in all types of weather. These volunteers also help us to keep in touch and see how our clients are getting on and alert other services if we think they need more assistance. This has been a great comfort to relatives whilst travel restrictions have been in place.
We wanted to keep in touch with our volunteers as so many of them were self-isolating and needing some support. We set up WhatsApp message groups to keep in touch. We ran our first volunteer Zoom meeting, to help everyone get to grips with the new technology, which over 20 volunteers attended. Yvonne then worked with small groups of volunteers bringing them back to meet over tea and to introduce them to new volunteers and bring them up to date with our plans for opening and to ensure they felt confident with our new Covid-19 safe working practises.
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Age Concern Teignmouth & Shaldon Annual Report 2020-2021
We welcomed a new volunteer administrator in July 2020, Jane, who has helped to set up better working procedures, protocols, and policies, organise the back office of the meal delivery service and been enormously helpful in writing funding bids to secure the Covid relief grants, enabling us to do our work.
We encourage younger people of all abilities to enhance their skills and experience as volunteers and provide work experience placements for local students and opportunities for Duke of Edinburgh participants to fulfil part of their challenges. We will resume this as restrictions lift more.
Activities
The Centre regular activities stopped. We welcomed some of the external providers of classes, such as Lisa’s popular seated yoga and mat yoga, and a new Tai Chi class towards the end of the financial year.
Grief Support – we recognised that during the pandemic many people would be unable to access support for bereavement or attend funerals. Ann Dent, volunteer and highly skilled grief support specialist, offered her services. She telephonebefriended 14 people during the pandemic and as soon as we were able, opened, a face-to-face, grief support group. She has trained several other volunteers to run the group alongside her.
One gentleman said “Ann was a lifeline to me during those months of lockdown and I can’t thank her and The Alice Cross enough for all her calls and support. I love coming to the group now and meeting new people.”
Talk & Walk – As the first lockdown lifted, we found our clients were less mobile, unsure about coming out alone and lacking in confidence. Active Devon funding allowed us to recruit Sondoss and she and volunteer Vanda launched a project to match volunteers with clients to buddy up and walk with them. Talk & Walk. We provided information on chair-based exercise to the client to get them started on the journey of strengthening. We helped clients to gain confidence on short walks, to get outside and back to the Centre again.
Digital Connection - We also found that many clients were not digitally connected and with Teignbridge District Council Funding we launched our IT support services. Sue is contracted to run classes teaching basic skills on laptops. We hope to open this up for larger information days using other electronic equipment to help people get online and to access resources they have not been able to. Many people became isolated during lockdown as they were unable to access their usual support networks, however many of these groups moved online using Zoom. We are incorporating an understanding of video conferencing with Zoom and WhatsApp in our training sessions
These new projects, and many of our volunteers lone-working and taking meals to the home, have meant we have needed to introduce extra safeguarding measures and risk assessments, which were not required during the lockdown. We are using the Disclosure and Barring Service (DBS) to help make safer recruitment decisions and prevent unsuitable people from working with our vulnerable clients. Yvonne has worked hard to put barring service checks in place for many of our volunteers.
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Age Concern Teignmouth & Shaldon Annual Report 2020-2021
Memory Café
Memory loss and dementia are widespread and increasing problems which very often lead to isolation from the community for both sufferers and carers. Lockdown increased the isolation and confusion for sufferers and removed the support for their carers. We were able to run a socially distanced memory café throughout most of the year, as it fell into the Government category of ‘Essential Service’. A volunteer team of ten led by Yvonne reinstated the group, which is regularly attended by 20 people, and we rapidly saw an improvement in cognitive skills and mood by the regular attendees. The atmosphere is relaxed and informal and participants can swap stories, ideas and tips on coping while taking part in a variety of activities to stimulate cognitive awareness. The aim is to provide support to the person with memory difficulty and provide an opportunity for the carer to have some stimulation and respite. We have introduced a new chair-fit session of 20 mins at the end to improve strength and mobility, which has proved very popular.
Chair fit session in the memory café
Catering
Our 5* kitchen has run a takeaway meal service, 3 or 4 times a week, for the duration of lockdown and we continue to deliver to those who are housebound and live near the Centre. This is provided to clients on a donation basis, so those in need who cannot afford to pay do not miss out. The meal comprises of two nutritionally balanced courses, a piece of fruit and cake. Much of the food is donated through the FareShare charity, which distributes surplus supermarket food, Riverford Organic and the Co-op. We could not run this service without these donations and the massive efforts of our volunteer cooks, Paula, John, Chris, Shirley, Janet, Steve, and Sophie. One of our principal charitable aims is to subsidise hot meals, because of the benefit they provide to those who would otherwise not eat nutritious well-balanced food or may skip a meal to save money or because they don’t have the will or strength to cook for one. We have delivered nearly 3000 hot meals to the home this year.
Christmas Day lunch in the Centre was sadly cancelled in 2020, as the ‘Rule of Six’ had been introduced, preventing large gatherings. We were able to help Cllr Dave Matthews and his team in ringing and referring people for the Christmas Meal he produced. Our volunteers helped with delivery of the meals to hundreds of local people on Christmas Day.
Christmas Bags of Joy
We wanted to provide something to people at home for Christmas from The Alice Cross and local community. We launched Christmas Bags of Joy with funding from Teignmouth Town Council and donations from Mini Heaven, Shaldon Bakery and other local businesses and volunteers. We invited local schools to create pictures and cards with special messages to include in the bags. We received hundreds of beautiful drawings and handwritten personal messages from Hazeldown, Inverteign, Our Lady and St Patrick’s Schools and Teignmouth Community School. The bags included Christmas food, the students’ cards, a personal gift, and helpful information about local support services.
Local school posters and cards
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Age Concern Teignmouth & Shaldon Annual Report 2020-2021
Local school posters and cards
Local school posters and cards
We were delighted to welcome Emily Parr and students from Dawlish Community College to help us pack over 100 bags for local people; our volunteers delivered them on Christmas Eve.
Christmas 2020 – Bags of Joy packed by Dawlish Community College
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Age Concern Teignmouth & Shaldon Annual Report 2020-2021
Income/Fundraising
Income came predominantly from grants, trusts and donations as we were not able to run our normal activities such as bar and catering in-house. Donations were received for the meals to the home service.
Donations were received from many individuals and the wider community during this time to help the Centre, including Sainsburys, funeral donations from Douglas Price and Jacci Jones, Teignmouth Tangent, Teign Choral, Scott Richards, North Teignmouth Church, and our Total Giving donation pages. A significant donation was received from Open Daw in Dawlish upon their unfortunate closure. We are very grateful to all our supporters.
The Centre opened in July, August and September to some of our groups but soon had to close due to restrictions and did not open again until April 2021.
The General Manager and staff managed their working time on-site and at home and the organisation used the Government furlough scheme to keep everyone employed during this difficult time.
Income for year end June 2021 was £89,017 (FY 2019-20 £105,298) -and expenditure £87,678 (FY 2019-20 £92,156).
As you can see from sources of income chart for last year, 2019-2020 compared to this year, 2020- 2021, our income sources have been dramatically affected by lockdown and centre closure. The biggest impact being on our activities and catering, last year generating 23% and this year 4%. Rental is half of last year and what we generated was due to Teign Counselling retaining their room with us. We worked extremely hard to gain Covid related grant funding and this is shown in the increase in grant funding to 38% from 26%, and trusts and local business income rose by 8%. This allowed us to make a small surplus in the year. It must be noted that it will take time for us to recover those regular income streams as the centre re opens and this could mean a deficit in the next annual accounts.
Other Services
The Centre continued to hold a regular foot clinic and Teign Aid provided help and support to local people facing eviction and to support them with benefit applications throughout the year.
AGM
The 32[nd] AGM was held via Zoom on 24th November 2020 at 6.30pm and was well attended.
Two SPECIAL REOSLUTIONS were put forward:
Part 1: THAT the draft Articles of Association be adopted as the Articles of Association of the Company in substitution for, and to the exclusion of, the Company's existing Articles of Association.
The Chair explained the reasoning for change; the Articles were originally established in the 1960’s and were dated. In order to appeal to a wider range of users and to give more flexibility, they needed modernising. He reiterated that the founding ethos of Alice Cross will always be recognised. The motion was passed, and the Articles of Association were accepted and were registered at The Charity Commission and Companies House by Tozers Solicitors.
Part 2: THAT the name be changed from Age Concern Teignmouth & Shaldon to Alice4U was not passed and will be reviewed at the next AGM.
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Age Concern Teignmouth & Shaldon Annual Report 2020-2021
The Future
Thank you to the amazing volunteers that worked tirelessly during this tough time, to our Trustees for supporting my role, to the staff and to all the charity’s wonderful volunteers and friends for their continued belief in the aims and aspirations of this organisation. Your help will enable us to move with these changing times to create a Centre of excellence in supporting the over 50’s in Teignbridge
We continue with IT upgrades and upskilling our staff to work remotely and using live digital programmes including Office 365, Teams, Zoom, and Google Docs. It is increasingly clear that it is an essential development moving forward for the charity to embrace and employ rapidly changing work methods. Many thanks go to Huw Weatherhead for his ongoing support of our IT infrastructure, both software and hardware.
We will work to rebuild the traditional on-site services of the charity within the new guidelines. More of our work will be taking us out to people in their homes, as we deliver hot meals to them.
However, we believe very strongly that bringing people out of their homes to meet and socialise, take part in activities, upskill, and make friends will be the biggest part of our work in the next six months. There will be an even greater need to help people rebuild their lives, regain strength, enhance mobility, and grow in confidence. We will focus on supporting marginalised groups to achieve this.
We will continue to work in close cooperation with ViH, Assist, Teignbridge CVS, and other local charities to reduce duplication of services and improve the support for all older people locally.
Thank you
Finally, we would like to say a massive thank you to all our donors, volunteers, staff, and partners, including any we have unwittingly not listed, for all the hard work and support you have given us over this last year.
| AGE UK Devon | Fare Share |
|---|---|
| ASAP Printing | Greenwood Accountancy Ltd |
| Assist Teignbridge |
HITS |
| CAF Resilience Fund |
Incredible Fund |
| Charlie Bass – Teignmouth Sea Cadets | Jane Lawrence – volunteer fundraiser |
| Clare Milne Trust | Morrisons Teignmouth |
| Cllr Sylvia Russell - Devon County Council | Mini Heaven Bakery |
| Co-op Community Fund | Melissa Middleton |
| Matt Hooper & Co-op Teignmouth Team |
Rotary Club of Teignmouth |
| Dawlish Community Transport | Riverford Organic |
| Dawlish Community College | Sainsbury’s Dawlish |
| Devon County Council -Covid Fund | Open Daw Dawlish |
| Devon Community Fund-Covid Fund | North Teignmouth Church |
| Devon Memory Café Consortium |
Sainsbury’s Newton Abbot |
| Jo Collet, Beryl Coombs, Anthony Powell, The Teigns |
Scott Richards Solicitors |
| The League of Friends of Teignmouth Hospital | South Devon and Torbay CCG |
| Mayor & Cllr Robert Phipps & the Promenade kiosks |
Shaldon Bakery |
| Marianne & Alan Gibson –, PAT testing | |
| Our evening volunteer bar team, Dave, Louie, Lynn, Vanda | Teign Choral |
| Our sing along entertainers Beryl Coombs, Jo Collett, Richard Wadey, Malcolm & Martin, Anthony Powell | |
| Pete Williams- Pellow Carpet and flooring | Teign Heritage Centre |
| Robert Phipps Jnr and the Adventure Golf kiosk | Teignmouth Town Council |
| Teignbridge District Council – Covid Grant funds | |
| Teignbridge CVS |
Teignmouth Allotment Ass |
| Teignmouth Traders Association | Tracy Rowe Town clerk and team |
| Teignmouth Dementia Action Alliance | The Teigns singing group |
| Tesco Newton Abbot &Teignmouth | Tozers Solicitors |
| Teignmouth Tangent | Westbank |
| U3A | Wiggles & Giggles |
| Volunteering in Health | Viv Wilson MBE |
| Weatherheads Web – Angie & Huw | Whistle Stop Cafe bikers |
Sincere thanks to the trusts, foundations and private individuals who prefer to remain anonymous for their support.
Julia
Julia Street – General manager
Page 8 of 8
Age Concern Teignmouth & Shaldon Annual Report 2020-2021
Ejre fof Company Re8lStration Number 2338079 Charity Registration Number 800996 AGE CONCERN, TEIGNMOUTH AND SHALDON FINANCIAL REPORT TH YEAR ENDED 30 JUNE 2021
l. Officers and Professional Advisers Trustees Mr P Burgess (Chairl Mrs E Batson (Treasurer) Mrs D Mineti Mrs P Henchie Mrs S Halfyard Mr P Scholes (resigned 8-2-20211 Secretary Ms Julia Street Registered Office 1 Bitton Park Road Teignmouth Devon TQ14 9BT Independent Examiner Greenwood Accountancy Ltd 5 & 7 Pellew Arcade Teign Street Teignmouth Devon TQ14 8EB Bankers Old- National Westminster Bank plc 48 Couttenay Street Newton Abbot TQ12 2EE New.. Co-operative Bank PO Box250 Delf House Southway Skelmersdale WN8 6wr Solicitors Tozers Charity Department Broadwalk House Soulhernhay West Exeter Devon EX1 1 UA Age Concern Tei8nmoulh & Shildon Annual Report 2021 Pa8e 2
2 Trustees, Report The Trustees have pleasurè in presenting their Report and Financial Statemenls for the year ended 30, June 2021. The Accounts reflect the provisions of the Charities Arts 2002, 2006 and 2011 as well as those of various Companies Acts and Accounting Standards. Reference and Administrative Information Age Concern, Teignmouth and Shaldon is a registered charity {No. 800996). The Charity is a Company limited by guarantee number 2338079, with members guaranteeing a sum not exceeding £1. By concession from the Registrar of Companies the word "Limited. can be dispensed with. It is governed by a Memorandum and Articles ofAssocialion dated 24, January 1989, as amended 16th December 1993, 10" May 2005 and 241h November 2020. Its registered office is at.. 1 Bitton Park Road, Teignmouth, Devon TQ14 9BT. Structure, Governance and Management Company law requires the Trustees, who are all Directors, to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing these Financial Statements the Trustees are required to.. Select suitable accounting policies and then apply them consistently., Make judgements and estimates that are reasonable and prudent., Prepare the Financial Statements on a going concern basis unless il is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping proper accoLJnting records which disclose with reasonable accuracy at any time the financial position of the Charity and lo enable them to ensure that the Financial Statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Trustees and Administration Administration is vested in the Gommittee of Trustees (Board of Trustees). Trustees are normally appointed in general meeting. The Trustees who served during the year are as follows.. Mr P Burgess Mrs S Halfyard Mrs P Henchie Mrs E Batson Mrs D Minett Mr P Scholes (resigned 8-2-2021) The present Trustees are all Directors ofthe Company. The Company's bankers are The Co-operative Bank. Operational Issues 2.1.1 Objectives The objects for which the charity is established are to promote and provide for the welfare of the elderly within the area of Teignmouth and district. The Company's funds may be invested in any investment, security or property at the discretion of the Trustees in furtherance of these objectives. Age Concern Tei8nmouth &Shaldon Annual Report 2021 Page 3
2.1.2 Activities The principal activity of the Charity is to provide, manage and maintain a day centre, the All Cross Centre, for the promotion of well-being amongst the over-50s. During the year, the Trustees have continued to fulfil this objective and the centre has been open five days a week. Readers are referred to the Centre manager's report for details of activities during the year. Financial Issues 2.1.3 Reserves Policy The Trustees recommend that the level of reseNes should represent circa 12-months' cover, approximately £90,000. This is intended to cover the following areas.. Ca ital Fund. This comprises the capital investments of the Charity It is a restricted fund solely for the purpose of maintaining and improving the Charity's premises and facilities, where costs exceed £10,000 per year. A review of our activities has suggested that an investment in modernising the internal structure of the Alice Cross Centre would be more in line with our new strategy and offer potential for increased revenue. Genera1 Fund. The General Fund is a working reserve to ensure that the Charity is able to continue ils obligations in the event of a shortfall in income or a sudden upturn in expenditure. Desi nated Funds. From lime to time these are created for specific refurbishment and infrastructure projects. The Trustees are satisfied that the Charity's assets are sufficient to meet its ongoing obligations for the coming year The level of reserves held has been reviewed by the Trustees who are of the opinion that they are at an appropriate level relevant to the ongoing financial needs of the Charity. The Investment Policy implemented three years ago has been reviewed and changed in accordance with suggestions from Charles Stanley, the Charity's investment fund managers 2.1.4 Voluntary Help and Donations in Kind In addition to paid staff, the Charily depends on unpaid voluntary help to continue in its present form. For the purpose of these accounts, no value has been attached to this voluntary help nor to any donations in kind. 2.1.5 Accounts The full accounts are shown in section 6. Total net assets on the Balance Sheet are £326,430, which includes £28,404 of restricted funds. The value of our investments has increased by £13,636 to £120,426. A separate breakdown of restricted funds is shown in Annex 5 to the accounts. The Income and Expenditure section of the accounts shows a net surplus of £1,339 before adjustments, of £72,126. After applying the annual depreciation of assets and the increase in the value of investments, the net profit on our unrestricted funds is £77,402. The apportionment of direct Gharilable expenditure this year stands at 97.70/0. This excludes direct fund-raising costs and a pro rata assignment of general overhead costs. Fixed asset movements are shown in Annex 110 the accounts. As at 30 June 2021 the buildings have been revalued at £120,000 as a result of receiving an independent valuation. This valuation will be reviewed every two years. A8e Concern Tei£nmouth & Shaldon Annual Report 2021 Page 4
3 Treasurer's Report The financial results continue to show a healthy position at the end of the financial year. The Income & Expenditure account for the year shows a healthy profit compared to a small loss in the previous year. This profit is mainly due to increases in the value of both tangible assets and of investments. The investments have recovered well, with careful management, after the falls in value caused largely by the Covid-19 pandemic. Applications for grants have been successful this year showing an increase of approximately £7,000 compared to the prior year. The continued careful management of expenses has meant that we have been able to set aside funds to carry out essential maintenance of the All Cross Centre in the forthcoming year and the Government's Furlough Scheme has continued lo help us to relain our paid staff. The Covid-19 pandemic will no doubt present challenges for everyone well into the future, but we are now increasing bookings and activities in the centre which bodes well for the coming year. We will continue to apply for grants whenever possible and are confident that these sour$ of income coupled with a strong balance sheet will enable us to continue to provide support to our local community. The Trustees are grateful for all the grants received to date and will continue to seek other sources of grant funding to help secure our future. We review the financial position of the Charity on a regular basis and will continue to do so going fomard. E Batson (Treasurer) 1 Bilton Park Road Teignmouth Devon TQ14 9BT A8e Concern Teignmouth & Shaldon Annual Report 2021 P88e S
4 Examiner's Report The Trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 14412) of the Charities Act 2011 or the Companies Act 1985 and that an independent examination is needed. It is my responsibility lo.. Examine the accounts under section 145 of the Charities Act 2011 To follow the procedures laid down in the general Directions given by the Charity Commission under section 145151(bl of the Act, and To stale whether particular matters have come to my attention I have carried out an independent examination oflhe books of this Company. They appear to have been correctly maintained and l am of the opinion that this Balance sheet, and the supporting Income and Expense accounts, reflect a fair and accurate record of the Company's position in the financial year ended 30 June 2021. David Rudall Greenwood Accountancy Ltd 5 & 7 Pellew Arcade Teign Street Teignmouth Devon TQ14 8EB Age Concern Teignmouth & Shaldon Annual Report 2021 Page 6
5 Year End Accounts AGE CONCERN, TEIGNMOUTH AND SHALDON Accourrt5 for Year Ended 30 June 2021 BALANCE SHEET 202012021 201912020 Component Not•s'. 64,162 I.?50 242,933 170,952 Curront Ass&ts. Accounls 95.354 gi.722 Cash 143 436 D0tOrs& &(uals 9S,497 82,158 Creditors & Actruals I12.05 112.0001 NEt Cvttetyt A55ets". 83,497 82,158 NET ASSETS 326,430 253,110 1+1 5 CAPITAL & RESERVES Endoiymenis Restiirted Fund5 28.404 3!.486 98.02b 220.624 TOTAL CAPITAL 326.430 253.LIO The Membérs hae Trot r@qUired tne Com)anv io obiaii an adit in accofdantt iVJlh sertion a76 01 ghe ComPaOiÈS (t 2006 Tkio accoJts ?3'.e Dr@p3fd rn a¢O)rdance iéiln pfovisionsaptslicable 10 ¢OfftPèThies subject to 5fflall <Qmoani5 r@gime SIGNED B Y.. Dt•.' 31101 20£ Age Concern Teignmouth & Shaldon Annual Report 2021 Pase 7
AGE CONCERN, TEIGNMOUTH AND SHALDON Accounts for Year Ended 30 June 2021 INCOME & EXPENDITURE 102012021 201912020 Component Note5: Totsi Unre5trlrted Re5trlrted Total Unrestrlcted Restrf¢ted Income.. Bu5InesJGeernl 4,075 12,671 2.018 4,075 11.216 49 49 1.455 9.535 9.461 73 Fundral4n8 2,018 1,434 1,614 48,4n 4.406 14,827 23.355 1.614 GRnts 55.970 54,536 5,396 4.406 43,081 In¥e5trnents 3,682 3.682 ptsmkes 7,2 3241 7,260 3.307 14,827 22.857 rvkE5 33 498 Sundry 3,035 3.035 TOTAL INCOMe 89.017 32,992 56.025 105,298 61,645 43,653 Expenditure.. Bu5IN•SS 52,084 77 11,(YJ7 41.076 53,649 359 40.729 12,921 77 359 Premtse5 24.837 15.895 8,942 B,904 58,923 12.wl 10,437 16,858 68,582 1,564 9.088 23,573 Serykes 10.680 1,776 28,755 2S,946 92,156 EXPENOITUPE 87.678 Restrktion adjustment 1.183 1,626 TOTAI EXPENDITURE 8Y&78 27.572 60,106 9Z,L56 66,956 25.199 I&E SURPLUSIDEFICITFOR THE YEAR 1.339 sAzo 14.0811 13.142 15.3111 1&453 ta5h tsèlance JdluJtm•nt GROSS I&ESURPLUSIDEFICIT IA39 5,420 14,0811 13.113 15,3401 18.453 P&L Adjustments Purthaseof Assets 1.620 1,620 1,239 1,239 Oeweci3tiothof A1$ IL7651 58,4S¥) 13,636 71,981 58,490 Ch3w Invalve ol In¥tM+tS TOTAL 13.636 71.981 115,7801 115.7801 PAOFIT& LOSS 73,320 TI,402 121.1201 CHARITABLE EXPENDrruRE tirectChari14ble ExpÈndituie 26,944 64,561 .4% FundraiSin8COSts 627 2,395 TOTAL 27.S72 66.956 Age ConcernTei8llrnOUth & Shaldon Annual Report 2021 Pa8e 8
AGE CONCERN, TEIGNMOUTH AND SHALDON Accounts for Year Ended 30 June 2021 Annexl: FIXED AS5ETS- RECONCILIATION 202012021 201912020 Component ASSETVALUES Notes.. AssètvaluÈS ateThlof prewDuS FY 64,162 1,620 66.220 Newa&setS In turrent FY 1,239 TOTALASSET5 Before depTecwbon 65.782 67,459 DEPRECIATION F1 Prevkn)uS FY assets 13,1131 Ontrol adjustntt0 rev8lue455ets 58,490 NeW?et$ in Curfit FY 11841 F2 TOTAL DEPRECIATION OFASSETS 56,7Z5 13.Z971 TOTALNSSETVALUES CIF IZ2,507 64,162 Annex 2: INVESTMENTS- RECONCIUATION 202012021 201912020 Component Notes: Openlni Hokllnss Vèlueof lThvÈStments B/F 103.412 119.828 C¥ptal Accounts 81F Income Account BIF 2,739 638 12831 967 roTAL Investment Portfolb gIF 106,790 120.511 Ch$nies sa01 Inve51nients4vrlngye¥r ILO,1801 2,286 116,5681 149 PurcTrw5eof illVE5tnpnt5 thJTinÈtlEyear Chèrpge inportlolio v?lueon newpurchJ5e5 11.283 822 12,419 11,4601 IN-2 Chèn8e invalue remJinln8 investments Chante value ol Investments 11,947 110,9561 16.157 116A161 Ch3n8einC4tMial Account Ch3n8e in Iwome Account 115801 58 3,023 Value of Investments CIF 119,5S9 LD3,412 2,739 638 CapitèlAccount CIF IncDmeA(covw CIF 697 TOTAL Inve5trnentPortfolbCIF 120.426 106,790 ABÈ Concern Tewnmouth & Shaklon Annual Report 2021 Page 9
Annex 3: CASH - RECONCILIATION ioioliozi 201912020 Component Notes.. Openthi 436 793 4oCoficerTh 37,481 44.241 54.824 13.399 TOTAL&4LANCE BIF 82.158 69,016 89.017 105.298 twrentYoarAfi-accrui Net 89.017 105,198 E¥pEndhtvre5 CUrr1¥e0fAP-O(Cru1 NptExpeDdlture 175.6781 TOTAL AALANCE CIF 95,497 81158 143 436 COr•1n 95.354 37.481 44.241 TOTALBALANCEBIF 9S,497 81158 Annex 4.. BALANCE- RECONCIUATION 202o/z021 201912020 Componen¢ Notes.. PrlOUSy*41 FuD4k' 253.ILO 255,776 U5CFethlo15pfEWUSyeir PielousYoarl0ts1 253,110 1S5.776 Curi•nlYeiiFulld£haws'. 58.34S 12,OS81 InvÈstsnÈhts 13.636 89.017 105.298 17S.6781 1291 85,320 116661 Fufid Bal4ni+CIF 338,430 Z53,110 U5debtor5 L•slU1t0fs 112,ooDI 326.430 253.110 NET ASSETS ON 8ALANCE WEET 326.430 253,110 AgeCon¢ern Teignmourh & Shaldon Annual Report 2021 Page 10
Annex S: RESTRICTED FUND SUMMARY Balan¢e from unrestricted Brought Fwd New Spend X-Cha¥Be Residual Fund Notes: 17Q3-Lkive-n-Difie L7Q6.MWOiy Cèfé 26.861 2,934 1012 22.914 450 450 1711-XMas Dgy fuThd 443 L700 1,342 1803.Co¢kety¢1è5ses 1805-T(Im T*n 1807<AN )¥kiu 135 135 1808.CoviJ-1g 4,597 46.475 50.638 433 2001.Fathw•V to Htslih 2,1(X) 637 36 1.427 2002.Orive tsfieConne£t 3.? 1.745 2003rI&spWrt 750 117 S33 ALL FUNDS 32A86 56,025 58,923 1,183 28AL¥I AÉÈ Concern Teignmouth & Shaldon Annual Report 2021 Page 11
Annex 6: NOTE5 TO ACCOUNTS I. TRUSTEES, EMOLUMENTS.. In accordance with the Memorandurn and Articles ol Association, the Trustees receive no salary, lees or remuneration. 2. TAXATION.. No provision for taxation is considered necessary in view of the registered charity status. 3. EMPLOYEES INFORMATION.. The avera8e number of persons ernployed by the Charitv during theyearwas 85 follows.. 202012021 201912020 Thetotal employment Costs Iwages. Salaries + 5oci81 Security C05tslwereasfollows.' 202012021 £47,639 201912020 £47,392 IE-I CHARITABLE EXPENDITURE.. Fundraising expenditure is defined as the sum of fund-raising costs and 5% of business costs FA-I Depreciation ès per accountin8 policies is items less than £500 aTe expensed through income & expenditure. FA-2 1st year depreciation on new purchases is pro-rata to number of months remainin8 in the financial year from date of purchase. IN-I Sales of G4S and BNY Mellon were made in the year. IN-2 Purchase of Mercantile Investment Trust. RIT Capital Partners and WPP were made in the year. A8e Concern Teisnmouth & Shaldon Annual Report 2021 Page 12
6 Accounting Policies These Financial Slatements have been prepared in accordance with the requirements of the Companies Act and also the Statement of Recommended Practice- Accounting by Charities. Basis of Accounting The Financial Statements have been produced under the historical cost convention. A cash flow statement is not required in view of the size of the Charity. Depreciation Depreciation is charged on Freehold Property at the rate of 1 Oh per annum using the reducing balance method. For fixtures and fittings, we are implementing the following.. expensing items costing £500 or less, applying a slraight-line method for Computer hardware costing more than £500 over 3 years. applying a straight-line method for other items costing over £500 over 5 years. Investment Income Income from quoted investments is stated gross. Investments are valued at Market value in the balance sheet. Reserves The entity's reserves may be restricted or unreslricted. Recognition of Income and Expenses Accounts are prepared on a cash basis except for the maintenance of buildings. Income and expenses are recognised on the date of the Iransaction. A provision is made for the maintenance of buildings, there are no other accruals or prepayments. A8e Coniern Teignmouth & Shaldon Annu31 Report 2021 Pa8e 13
4 Examiner's Report The Trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144(21 of the Charities Act 2011 or the Companies Act 1985 and that an independent examination is needed. It is my responsibility to. Examine the accounts under section 145 of the Charities Act 2011 To follow the procedures laid down in the general Directions given by the Charity Commission under section 14515llbl of the Act, and To state whether particular matters have come to my attention I have carried out an independenl examination ofthe books ofthis Company. They appear to have been correctly maintained and l am of the opinion that this Balance sheet, and the supporting Income and Expense accounts, reflect a fair and accurate record af the Company's position in the financial year ended 301h June 2021. David Rudall Greenwood Accountancy Ltd 5 & 7 Pellew Arcade Teign Street Teignmouth Devon TQ14 8EB A8eCoTrierr Teignmoui* & Shaldon Annu31 Report 2021 Pa8e 6