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2022-03-31-accounts

ontents
Page
Members
Trustees'
annual
report
2 —15
Independent auditors'
report
16 —19
Consolidated income and expenditure account 20
Consolidated statement
of financial
activities 21
Company
statement
offinancial
activities 22
Consolidated and company
balance
sheets 23
Group statement
of cash flows
24
Notes to the group statement
of
cash flows 25
Notes to the financial
statements
26 —41

Mr D Beech Mrs L Burridge
Mrs C Parks Mr DK Burridge
Mrs RA Kevern Miss HJ Davis
Mr MG Hawken Mr A Prouse
Mr LE Davies Mr MA Herridge
Miss M Avery Mrs DJ Mecklenburgh-Allen
Mr PD Matheron Mrs JP Wilschere
Mr CW Cook Mrs Y Giles
Miss DA Meeson Ms CJ Symons
Mr J Thursfield Mrs KL Cotterill
Mr R Wakefield Mrs RS Pascoe
Mr C East Mrs M Austin
Mrs DY Hedges Mrs L Scrivener
Mr DC Williams Mrs KL Skerrett
Mrs SA Nicholls Ms KJ Wood
Miss NC Kirwan Mrs BN Woodruff

Reference and ad mi nistrative details
Registered name Age Concern in Cornwall and the Isles of Scilly
Operating name Age UK Cornwall 8 the Isles of Scilly
Company registration number 02452302
Charity
registration
number 900542

The following
trustees
con
stitute
directors ofth
e company
for the
Mrs K Gannon
*
Mrs MM Ford *
(Treasurer)
(Chair)
Mr C Garrick (Vice Chair)
Mrs S Hancock
Mr M Smith
Mrs AA Burley *
Mr MP Jefferson
Mrs P Dewhurst
Resigned
Appointed
Appointed
28'" October 2021
28'" October 2021
21"April 2022
Mrs K Carney Appointed 20'" January 2022

Key Management Key Management Personnel
Chief Executive Mrs T Roose
Director of Finance Mr S Perry
Director ofTransport Miss A Lewis
Principal address ofthe charity Boscawen House
Chapel
Hill
TRURO
Cornwall
TR1 3BN
www. ageukcornwall. org. uk
Registered office Peat House
Newham Road
TRURO
Cornwall
TR1 2DP
Bankers Lloyds Bank Pic
7 Boscawen Street
TRURO
Cornwall
TR1 2QT
Solicitors (general matters) Coodes
Elizabeth House
Castle Street
TRURO
Cornwall
TR1 3AP
Solicitors (employment) Nash
8, Co
Beaumont House
Beaumont Park
PLYMOUTH
Devon
PL4 9BD
Auditors RRL LLP
Peat House
Newham Road
TRURO
Cornwall
TR1 2DP

Trading as Ag e UK Cornw all
8 the Isl
all
8 the Isl
all
8 the Isl
all
8 the Isl
es of Scilly es of Scilly
Consolidated income and expenditure account
For the year ended 31 March 2022 2022 2021
Notes F
Turnover 1,483,354 1,155,675
Cost ofsales (961,953) (787,952)
Gross surplus 521,401 367,723
Grants receivable —projects
Other operating
income
Staff costs
Other operating
charges
10 1,819,507
98,291
(1,396,246)
(395„020)
1,213,834
54,864
(1,257,815)
(405,461)
126,532 (394,578)
Interest receivable and similar income 2,645 3,526
Surplus/(deficit) before taxation 650,578 (23,329)
Tax on surplus/(deficit)
Surplus/(deficit) for the financial year 650,578 (23,329)
Statement
of
total recognised gains and losses
2022 2021
Z
Surplus/(deficit)
for the financial
year 650,578 (23,329)
Unrealised
losses
on investments (5,941) (1,204)
Total gains/(losses)
recognised
since last annual report 644,637 (24,533)

Fortheyearended 31 Marc h 2022
2022 2021
Restricted Endowment Unrestricted Total Total
Notes funds funds
F
funds
E
fundsf funds
E
Income from:
Donations
and legacies
Charitable
activities
Investment
income
189,252 80,265
3,131,634
2,645
80,265
3,320,886
2,645
118,251
2,306,122
3,526
Total income 189,252 3,214,544 3,403,796 2,427,899
Expenditure
on:
Raising funds:
Charitable
activities
221,366 2,531,852 2,753,218 2,451,228
Total expenditure 221,366 2,531,852 2,753,218 2,451,228
Net losses on investments (5,941) (5,941) (1,204)
Net incomel
(expenditure)
for year
(32,114) 676,751 644,637 (24,533)
Transfers
Net movement
in funds
(32,114) 676,751 644,637 (24,533)
Total funds brought
forward
279,044 324,602 1,782,426 2,386,072 2,410,605
Total funds carried forward 246,930 324,602 2,459,177 3,030,709 2,386,072

Fortheearended31 Marc h 2022
y 2022 2021
Restricted Endowment Unrestricted Total Total
Notes funds fundsf funds funds funds
E
Income from:
Donations
and legacies
Charitable
activities
Investment
income
189,252 80,265
2,155,541
4,753
80,265
2,344,793
4,753
118,251
1,478,223
15,512
Total income 189,252 2,240,559 2,429,811 1,611,986
Expenditure
on:
Raising funds:
Charitable
activities
221,366 1,558,170 1,779,536 1,635,552
Total expenditure 221,366 1,558,170 1,779,536 1,635,552
Net losses on investments (5,941) (5,941) (1,204)
Net incomel
(expenditure)
for year
(32,114) 676,448 644„334 (24,770)
Transfers
Net movement
in funds
(32,114) 676,448 644,344 (24,770)
Total funds brought
forward
279,044 324,602 1,775,622 2,379,268 2,404,038
Total funds carried forward 246,930 324,602 2,452,070 3,023,602 2,379,268

As at 31 March 2 02 2
Group Group Company Company
2022 2021 2022 2021
Notes
Fixed assets
Tangible assets
Investments
12
13
292,266 370,253 292,266
9
370,177
9
Total fixed assets 292,266 370,253 292,275 370,186
Current assets
Stock 14 1,320 2,057 1,320 2,057
Debtors 15 443,583 336,383 299,246 164,937
Investments 16 78,358 84,299 78,358 84,299
Cash at bank and in hand 17 2,436,463 1,826,346 2,436,343 1,826,246
Tota I current assets 2,959,724 2,249,085 2,815,267 2,077,539
Creditors: amounts
within one year
falling due 18 (221,281) (233,266) (83,940) (68,457)
Net current assets 2,738,443 2,015,819 2,731,327 2,009,082
Net assets 19 3,030,709 2,386,072 3,023,602 2,379,268
Funds ofthe charity
Restricted
funds
20 246,930 279,044 246,930 279,044
Endowment
funds
21 324,602 324,602 324,602 324,602
571,532 603,646 571,532 603,646
Unrestricted
funds
Designated
funds
Revaluation
reserve
22
22
1,039,118 808,537
4,299
1,039,118 808,537
4,299
General
fund
23 1,420,059 969,590 1„412,952 962,786
2,459,177 1,782,426 2,452,070 1,775,622
Total charity funds 3,030,709 2,386,072 3,023,602 2,379,268

Trading as Age UK Cornwall
8 the
Isles of Scilly
Group statement
ofcash flows
For the year ended 31 March 2022 Notes 2022f 2021
E
Cash flows from operating
activities:
Net cash generated
in operating
activities
1 598,342 422,033
Cash flows from investing
activities:
Investment
income received
Proceeds from disposal
offixed assets
Fixed asset additions
2,645
12,700
(3,570)
3,526
6,350
(34,773)
Net cash generated
by/(used
in) investing
activities
11,775 (24,897)
Change
in cash and cash equivalents
in the reporting
period
610,117 397,136
Cash and cash equivalents
at the
beginning
ofthe reporting
period
1,826,346 1,429,210
Cash and cash equivalents
at the end
ofthe reporting
period
2,436,463 1,826,346

Reconciliation
of net income/(ex
penditure )
to net cash inflow
from operating
a
ctivities
2022 2021
F
Net income/(expenditure)
for the reporting
statement
offinancial
activities)
period (as per the 644,637 (24,533)
Adjusted
for:
Depreciation
Investment
income
66,643
(2,645)
67,474
(3,526)
Loss on disposal
offixed assets
(Gains)/losses
on investments
(Increase)/decrease
in stock
(Increase)/decrease
in debtors
Increase
in creditors
within one year
2,214
5,941
737
(107,201)
(11,984)
4,321
1,204
1,282
374,915
896
Net cash inflow from operating activities 598,342 422,033
2 Analysis ofcash and cash equivalents 2022 2021
Cash
in hand
1,307 1,220
Cash
in bank —current accounts
1,524,680 917,295
Cash
in bank —deposit accounts
910,476 907,831
Total cash and cash equivalents 2,436,463 1,826,346

Donations
and legacies (Group and Compa
ny)
2022 2021
Individuals
Legacies
Coronavirus
Job Retention Scheme grants
35,519
40,100
4,646
38,268
3,731
76,252
80,265 118,251
Income from charitable
activities (Group and Company)
2022 2021
Restricted Unrestricted Total Total
fundsf funds
F
fundsf funds
F
Active Living
Transport
Isles of Scilly Minibus
Informal
Carers Service
CAF Resilience
Fund
Social Prescribing
Project
Inclusion
Matters
4,930
67,480
564,751
22,277
41,925
66,375
180,104
564,751
27,207
41,925
66,375
67,480
180,104
393,722
16,858
40,500
82,550
79,150
178,726
Macmillan
Link Navigation
COMF funding
Bring A Daycentre
to Your Doorstep
Social Prescribing
(Kerrier)
Step into Wellness
Social Prescribing
(East)
Social Prescribing
(West)
Interreg
(Age Independently)
LINCos
Covid Response
Fund
Covid 19Emergency
Fund
Veterans
Should
Not Be Forgotten
Home and Hospital
Building
on Steps into Wellness
Rejuvenate
Too
Respiratory
Care Post
Community
Health
Champion
Other projects
74,304
7,913
29,715
4,910
167,249
31,996
99,000
80,143
97,042
29,594
15,401
136,241
249,500
191,532
38,500
39,000
104,911
74,304
167,249
31,996
99,000
80,143
97,042
7,913
29,715
29,594
15,401
136,241
249,500
191,532
38,500
39„000
109,822
68,822
95,000
23,820
64,190
65,334
10,136
37,894
150,772
67,147
37,789
65,813
Total income —Company 189,252 2,155,541 2,344,793 1,478,223
Transport Access People Limited 1,006,393 1,006,393 862,654
Elimination
of intercompany
transactions
on consolidation
(30,300) (30,300) (34,755)
Total income —Group 189,252 3,131,634 3,320,886 2,306,122

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9 Net income/(expenditure) for the year
Group
2022
Group
2021
Company
2022
Company
2021
E F F
Net expenditure
is stated
Operating
leases
Depreciation
Loss on disposal
offixed
after charging:
assets
32,000
66,643
2,214
40,000
67,474
32,000
66,567
2,214
40,000
67,250
Governance
expenditure
includes:
Auditors
remuneration:
For audit services
For other services
6,000
3,772
5,600
3,350
4,000
2,672
3,650
2,300
9,772 8,950 6,672 5,950
10 Payroll costs —Group 2022 2021
F F
Wages and salaries
Social security costs
Pension
contributions
1,293,268
82,503
20,475
1, '1 69,703
70,428
17,684
1,396,246 1,257,815
The avera ge number of full time equivalent
persons
employed
dur
ing
the year was as follows:
2022 2021
Charitable activities 44 38
Management and administration of the charity 10 9
47

12 Tangible fixed assets
Group Nlotor
vehicles
Fixtures
and fittings
Total
E E
Cost
At 1 April 2021
Additions
Disposals
453,699
(67,108)
237,338
3,570
691,037
3,570
(67,108)
At 31 March 2022 386,591 240,908 627,499
Depreciation
At 1 April 2021
Charge for the year
On disposals
1?0,976
46,292
(52,194)
149,808
20,351
320,784
66,643
(52,194)
At 31 March 2022 165,074 170,159 335,233
Net book va/ue
At 31 March 2022
221,517 70,749 292,266
At 31 March 2021 282,723 87,530 370,253
Tangible fixed assets
Company Motor
vehicles
Fixtures
and fittings
Total
E E
Cost
At 1 April 2021
Additions
453,699 227,105
3,570
680,804
3,570
Disposals (67,108) (67,108)
At 31 March 2022 386,591 230,675 617,266
Depreciation
At 1 April 2021
Charge for the year
On disposals
170,976
46,292
(52,194)
139,651
20,275
310,627
66,567
(52,194)
At 31 March 2022 165,074 159,926 325,000
Net book value
At 31 March 2022
22'l,517 70,749 292„266
At 31 March 2021 282,723 87,454 370,177

The company
holds the whole of the issued share capital ofTransport Access People Limited, a company
registered
in England
and Wales number 04559010.The principal
activity
is the operation
of a transport
The company
holds the whole of the issued share capital ofTransport Access People Limited, a company
registered
in England
and Wales number 04559010.The principal
activity
is the operation
of a transport
The company
holds the whole of the issued share capital ofTransport Access People Limited, a company
registered
in England
and Wales number 04559010.The principal
activity
is the operation
of a transport
The company
holds the whole of the issued share capital ofTransport Access People Limited, a company
registered
in England
and Wales number 04559010.The principal
activity
is the operation
of a transport
The company
holds the whole of the issued share capital ofTransport Access People Limited, a company
registered
in England
and Wales number 04559010.The principal
activity
is the operation
of a transport
service.
2022 2021
f E
Summary
profit and loss account
Turnover
Administrative
expenses
1,006,393
(1,003,982)
862,654
(850,430)
Net profit 2,411 12,224
The assets and liabilities ofthe subsidiary were:
Total assets
Creditors: amounts
due within one year
146,565
(137,349)
193,772
(174,981)
Total net assets 9,216 18,791
Aggregate
share capital and reserves
9,216 18,791

14 Stock —Grou p and Company
2022 2021
Consumables 1,320 2,057
15 Debtors
Group
2022
Group
2021
E
Company
2022f
Company
2021
F
Trade debtors
Subsidiary
undertakings
Other debtors
Prepayments
and accrued income
358„'I22
69,469
15,992
283,958
32,563
19,862
211,717
2,108
69,429
15,992
100,565
11,986
32,524
19,862
443„583 336,383 299,246 164,937

Investments —Group and Company
COIF Charities
Fixed Interest Shares
Valuation
At 1 April 2021
Revaluation
in year
84,299
(5,941)
At 31 March 2022 78,358

Cash at b ank and in hand
Group Group Company Company
2022 2021 2022 2021
E
Cash held on deposit 910,476 907,831 910,476 907,831
Cash
hand
held on current account and cash in 1,525,987 918,515 1,525,867 918,415
2,436,463 1,826,346 2,436,343 1,826,246

18 Creditors: amounts
falling due within
one year
Group
2022f
Group
2021
F
Company
2022
E
Company
2021
Bank overdraft
Trade creditors
Taxation and social security
Other creditors
Accruals
37,835
71,315
82,453
13,824
15,854
84,169
65,476
60,763
10,018
12,840
12,491
45,253
13,342
12,854
10,283
28,205
20,129
9,840
221,281 233,266 83,940 68,457
19 Analysis ofgroup net assets between funds —current year
Restricted Endowment Unrestricted Total
funds funds funds funds
E E
Fund balances at 31 March 2022 as
represented
by:
Tangible
fixed assets
Current assets
Current
liabilities
249,090
(2,160)
324,602 292,266
2,386,032
(219,121)
292,266
2,959,724
(221,281)
Total net assets 246,930 324,602 2,459, 177 3,030,709
Analysis ofgroup net assets between funds —prior year
Restricted Endowment Unrestricted Total
funds funds funds funds
E
Fund balances at 31 March 2021 as
represented
by:
Tangible fixed assets
Current assets
685
278,518
324,602 368,568
1,645,965
370,253
2,249,085
Current
liabilities
(159) (233,107) (233,266)
Total net assets 279,044 324,602 1,782,426 2,386,072

21 Endowment
funds —Group and Co
mpany —curre nt year nt year
Brought
forward
Income Expenditure Transfers Carried
forward
E
Perranarworthal
Legacy
324,602 324,602
Endowment
funds —Group and Company —prior
year
Brought
forward
Income Expenditure Transfers Carried
forward
E F
Perranarworthal
Legacy
324,602 324,602
Purpose offunds:
Perranarworthal
Legacy
To provide a Day Care centre in Perranarworthal.
22 Unrestricted
funds —current year
Group and company Brought
forward
Income and
gains
Expenditure
and losses
Transfers Carried
forward
E E F
Designated
funds:
Benevolent
fund
Day Centre Development
Fund
Local group funds
Volunteers
training
Minibus
replacement
fund
Capital
fund
4,790
55,352
6,507
12,303
10,093
369,492
3,700 (969)
(14,925)
(7,979)
(5,914)
(65,182)
50,000
17,959
(12,044)
3,821
40,427
6,507
54,324
25,838
292„266
Organisational
and contingency
fund
Covid PPE infection
control fund
Resilience and recovery fund
Service development
fund
150,000
50,000
50,000
50,000
150„000
50,000
50,000
50,000
Sustainable
(EV) transport
infrastructure
capital fund
Go for Gold 50/20 Celebrations
Clients Hardship
Fund
Community
Hubs Programme
Community
Fund
50,000 9,325 (1,284) 20,000
150,000
87,894
50„000
8,041
20,000
150,000
87,894
808,537 13,025 (96,253) 313,809 1,039,118
Revaluation
reserve
4,299 (5,941) 1,642


Trading as Age UK Cornwall
8 t
Notes
he Isles of Scilly
(forming part ofthe financial statements)
Unrestricted
funds —prior year
Group and company
Brought
forward
Income and
gains
Expenditure
and losses
Carried
forward
F
F
E
Designated
funds:
Benevolent
fund
Day Centre Development
Fund
Local group funds
Volunteers
training
Minibus
replacement
fund
Capital
fund
Organisational
and contingency
4,882
64,979
6,507
15,498
12,748
412,750
600
(92)
(9,627)
(3,195)
(4,921)
(66,494)
1,666
23,236
150,000
4,790
55,352
6,507
12,303
10,093
369,492
150,000
fund
Covid PPE infection control fund
Resilience and recovery fund
Service development
fund
50,000
50,000
50,000
50,000
50,000
50,000
Sustainable
(EV) transport
infrastructure
capital fund
50,000 50,000
517,364
600
(84,329)
374,902 808,537
Revaluation
reserve
5,503
(1,204)
4,299
Purpose offunds:
Benevolent
fund
To provide
help to older people
in times of financial need.
Age UK Development
Strategy
Electric Vehicles 8 Chargepoints
Funds earmarked
to develop future strategy for long term sustainability
Matched
funding
for the sustainable
transportation
in Cornwall
project
funded
by ERDF.
Local groups funds
Volunteers
training
Minibus
replacement
fund
Capital fund
To provide
funds specifically
for local groups
in Cornwall.
To fund training
for staff and volunteer
organisations.
To purchase
and maintain
community
minibuses.
Fund
representing
net
book
value
of
fixed
assets
funded
by
unrestricted
reserves.
Group Group Company Company
2022 2021 2022 2021
E F
General fund
Brought forward
Income
Expenditure
Transfers
between
funds 969,590
3,201,519
(2,435,599)
(315,451)
1,284,816
2,039,963
(1,983,187)
(372,002)
962,786
2,227,534
(1,461,917)
(315,451)
1,278,249
1,224,050
(1,167,511)
(372,002)
Carried forward 1,420,059 969590 1412952 962,786
Unrestricted
funds —prior year
Group Group Company Company
2021 2020 2021 2020
E
General fund
Brought
Income
forward 1,284,816
2,039,963
1,298,682
2,348,456
1,278,249
1,224,050
1,292,453
1,403,052
Expenditure
Transfers
between
funds (1,983,187)
(372,002)
(2,370,319)
7,997
(1,167,511)
(372,002)
(1,425,253)
7,997
Carried forward 969,590 1,284,816 962,786 1,278,249

Reconciliation of movement
in funds —current ye
ar
Group
2022
Group
2021
Company
2022
Company
2021
F
Surplus/(deficit)
for the financial year
Other recognised
gains and losses
650,578
(5,941)
(23,329)
(1,204)
650,275
(5,941)
(23,566)
(1,204)
Net movement
Opening
funds
in funds 644,637
2,386,072
(24,533)
2,410,605
(644,334)
2,379,268
(24,770)
2,404,038
Closing funds 3,030,709 2,386,072 3„023,602 2,379,268
Reconciliation of movement
in funds —prior year
Group
2021
Group
2020
Company
2021
Company
2020
F
(Deficit)/surplus
Other recognised
for the financial year
losses and gains
(23,329)
(1,204)
240,182
326
(23,566)
(1,204)
239,844
326
Net movement
Opening
funds
in funds (24,533)
2,410,605
240,508
2,170,097
(24,770)
2,404,038
240,170
2,163,868
Closing funds 2,386,072 2,410,605 2,379,268 2,404,038

non-canc ell able l ease s for land and build ings
which
fall due as follo
ws:
Group Group Company Company
2022 2021 2022 2021
E F E
Expiring
Expiring
in
in
one
two
to
to
two
five
years
years
117,333 149,333 117,333 149,333

Consolidated
state
ment
offinancial acti
vities —comparati ve
period
2021
Restricted Endowment Unrestricted Total
funds funds funds funds
Income from:
Donations
and legacies
Charitable
activities
Investment
income
3,353
383,983
114,898
1,922,139
3,526
118,251
2,306,122
3,526
Total income 387,336 2,040,563 2,427,899
Expenditure
on:
Raising funds:
Charitable
activities
383,712 2,067,516 2,451,228
Total expenditure 383,712 2,067,516 2,451,228
Net (losses) on investments (1,204) (1,204)
Net (expenditure) for year 3,624 (28,157) (24,533)
Transfers (2,900) 2,900
Net movement
in funds
724 (25,257) (24,533)
Total funds brought forward 278,320 324,602 1,807,683 2,410,605
Total funds carried forward 279,044 324,602 1,782,426 2,386,072

28
Company
sta
tement
offinan
cial
activities —prio
r year
2021
Restricted Endowment Unrestricted Total
funds funds funds funds
F E
Income from:
Donations
and legacies
Charitable
activities
Investment
income
3,353
383,983
114,898
1,094,240
15,512
118,251
1,478,223
15,512
Total income 387,336 1,224,650 1,611,986
Expenditure
on:
Raising funds:
Charitable
activities
383,712 1,251,840 1,635,552
Total expenditure 383,712 1,251,840 1,635,552
Net (losses)/gains on (1,204) (1,204)
investments
Net (expenditure)
year
for 3,624 (28,394) (24,770)
Transfers (2,900) 2,900
Net movement
in
funds 724 (25,494) (24,770)
Total funds brought forward 278,320 324,602 1,801,116 2,404,038
Total funds carried forward 279,044 324,602 1,775,622 2,379,268