**Company registered number: NI036126 Charity registered number: NIC100496**
## **AGE NORTH DOWN & ARDS**
**(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
**Tony Clarke**
53 Andersonstown Road
Belfast BT11 9AG
## **AGE NORTH DOWN & ARDS**
|**CONTENTS**|**PAGE**|
|---|---|
|Reference and administrative details of the charity, its trustees and||
|advisers|1|
|Trustees' Annual Report (Incorporating the Director's Report)|2-6|
|Independent Examiner Report|7-8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the Financial Statements|11 - 17|
## **AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 6 May 1999 and registered with the Charity Commission for Northern Ireland on 10 March 2015.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
|**Registered Company number**|NI036126|
|---|---|
|**Registered Charity number**|NIC100496|
|**Registered office**|24 Hamilton Road|
||Bangor|
||Down|
||BT20 4LE|
|**CHAIRPERSON**|Gerard O'Boyle|
|**TRUSTEES & DIRECTORS**|Gerard O'Boyle|
||Adrianne Brown|
||Heather Mason|
||Marie Coney|
||Mary McDermott|
|**INDEPENDENT EXAMINER**|**Tony Clarke**|
||53 Andersonstown Road|
||Belfast|
||BT11 9AG|
1
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Chairperson’s Report**
## **Structure, Governance and Trustees**
AGE north down & ards (AGEnda) is a company limited by guarantee governed by its Memorandum and Articles of Association. It is recognised as a charity by HM Revenue & Customs.
The trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements of the charity for the year ended 31 March 2026.
## **Recruitment and appointment of trustees**
Under the terms of the Memorandum and Articles of Association the directors retire every three years by rotation at the Annual Meeting. None of the trustees receive any remuneration from the charity.
The trustees are a blend of senior business professionals and social/voluntary sector skills. As and when certain skills/experience are lost due to natural rotation, active steps are taken to secure successor Trustees from within the business/voluntary sectors.
## **Trustee induction and training**
Most trustees are already familiar with the work of the charity and have an affinity with the vision, purpose, and values. All new Trustees will undertake comprehensive induction to ensure they are familiar with their legal responsibilities as a Trustee of AGEnda. This induction is normally carried out by a suitably qualified external consultant and is framed around the Principles of Good Governance developed by the Governments Developing Governance Group (Revised 2016) and is also a practice recommended by Charity Commission for Northern Ireland.
## **Organisation**
AGEnda is a limited company which has developed its capabilities and reputation in the Ards and North Down area, covering both urban and rural situations. Together with a strong committed team coupled with sound financial management, these provide a platform to progress its strategy over the next years.
AGEnda has developed the necessary systems, structure, policies, and procedures to manage finances, staff, and volunteers. This includes good financial control and monitoring and evaluation procedures. AGEnda has a strategic plan for 2024 – 2026 and an outcome based operational plan to be reviewed annually.
AGEnda’s work is carried out by a team comprising 5 staff and over 10 volunteers. Led by a voluntary Board of Trustees, the staff complement is funded from grant aid to deliver a range of services to local older people. As in other voluntary charitable organisations, a substantial volume of work is carried out by volunteers who are committed to working with older people and give their time willingly without recompense. The Board of AGEnda greatly value the work of the volunteers and continually strive to ensure this contribution receives suitable recognition. AGEnda complies with all public sector directives and legislation relating to working conditions, health, and safety at work and equal opportunities. The charity is also committed to comply with all current equality and human rights legislation.
2
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **Trustees' Annual Report (Incorporating the Director's Report) (continued)**
## **Organisation continued…**
Over its 25 years as a limited company, AGE north downs & ards has provided direct support e.g. Good Morning Call Service, Floating Support Service, Support and Signposting, to ensure older people in the Ards & North area are supported and comfortable while growing older.
## **Relationships**
AGEnda has strong working relationships with a wide range of organisations and agencies that have a mandate for the delivery of services to older people.
AGEnda has very good partnerships with a range of funders and partnerships with other organisations locally and at a national level.
AGEnda is the designated AGE Friendly sector partner for the area and sits on various partnership networks and committees.
## **Risk management**
The major risks, to which the Charity could potentially be exposed as identified by the Trustees, is kept under constant review. Reviewed related policies are all in place.
## **Objectives and activities Charity's Aims**
The principal activities of the company are to advance the interests and be for the benefit of the elderly in the area known as North Down and Ards, and to assist others in the pursuance of these activities. The AGEnda Strategy 2024 - 2026 sets out the following.
## **Vision**
Older people in North Down & Ards are connected, supported and feel they matter.
## **Purpose**
To provide services and a voice for the older generation.
## **Aims**
- 1 To offer a morning check-in telephone call service
- 2 To offer support services in a person’s home to make it easier to maintain their independence
- 3 To offer support to people who are isolated and lonely.
- 4 To increase access to services by networking and partnership with other agencies.
- 5 To continue to build the capacity and long-term sustainability of the charity
## **Our Values**
To be Collaborative.
To be Open and Transparent. Treating everyone with Dignity & Respect. To be Inclusive & Accessible.
## **Achievements and Performances Strategy Review**
AGEnda developed a new 3-year strategic plan for 2024-2026. This was shaped and led by older people in our local community.
3
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **Trustees' Annual Report (Incorporating the Director's Report) (continued)**
## **Achievements and Performances Strategy Review continued…**
The feedback highlighted an increasing need for enhanced levels of social opportunities for older people and more spaces for them to not only socialise but to interact, engage and speak to statutory agencies such as the PSNI, NI Fire and Rescue and the NHS, as well as expanding their knowledge and skillset on issues such as budgeting, navigating and accessing services, technology, cooking, scams and advice on housing, benefits and financial security through speaking to experts in that field etc.
As a result, we agreed the following priorities for action for the next 3 years.
## **Priorities for action 2024 – 2026**
- 1 To sustain and extend a free, confidential, telephone service.
- 2 To sustain and extend floating support services of help and advice in a person’s home to make it easier to maintain their independence in the home and community.
- 3 To create additional support to people who are isolated and lonely.
- 4 To enable people to access the support they need to live healthy and independent lives.
- 5 To organise events that give people an opportunity to connect, learn, access services and support each other.
- 6 To continue to build the capacity and long-term sustainability of the charity.
## **Services**
Our main services in this year were:
**Good Morning Call service** –a free confidential daily telephone call service for those over 65 in our council area, which encourages communication among older people. This year the number of successful calls made to support older people were 20,988.
**Floating Support Service** – which provides short term advice and helps encourage independence among older people at home and in their community.
**Support & Signposting** - which is a listening ear to those who need reassurance and support. If AGEnda can’t help the clients, they pass them on to the person or organisation who can support them.
**Carers’ Support** - providing support to older carers to improve their wellbeing and mental health, and to reduce loneliness and isolation.
According to the 2021 Census, Ards and North Down has the oldest age profile in Northern Ireland. The percentage of the population who are aged 65 or more has increased over the last ten years from 17.7% in 2011 to 22.1% in 2021.
Ards and North Down Borough Council have over 33,000 over 65-year-olds. AGEnda recognises that one organisation cannot possibly deliver services to all older people in need throughout the local area. AGEnda is therefore committed to working in Partnership to ensure older people get the services they need.
4
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **Trustees' Annual Report (Incorporating the Director's Report) (continued)**
## **Services continued…**
Prior to the end of the year, Carers’ Support has received funding from The National Lottery to grow the service over the next two years.
## **Going Concern**
After making appropraite enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details reqarding the adoption of the going concern basis can be found in the Accounting Policies.
## **Financial Review**
The results for the year ended 31 March 2026 are set out on pages 9 and 10 of the financial statements.
The total income for the year ended 31 March 2026 amounted to £203,426 (2025: £145,829). The total expenditure was £143,726 (2025: £176,039)
The Trustees consider that the unrestricted funds of the charity is sufficient and adequate to fulfil their obligations. The charity held £22,781 in reserves at the year end (2025: £35,325).
The principal funders for the year were NIHE - Supporting People, the South-Eastern Health & Social Care Trust & The National Lottery. The charity also received grants from Halifax, Community Foundation NI, Clanmill, Age NI, Charles Haywood and Ardbannon.
## **Reserves Policy**
AGEnda’s Board is responsible for managing that there are sufficient reserves to ensure the organisation can both function and plan for the future.
The Trustees have examined the charity's requirement for reserves in light of the main risks to the funding of the organisation. Unrestricted free reserves at the year-end were £22,781 (2025: £35,325) which represents 3.5 months of operating costs. Free reserves are needed to sustain the day-to-day operations of the charity. The Trustees consider that the ideal level of reserves to meet the running costs for a period of 6 months to be in the region of £60,000. The Trustees consider that the free reserves will be needed to sustain the charity as future funding opportunities are explored.
5
## **AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **Trustees' Annual Report (Incorporating the Director's Report) (continued)**
## **Trustees' responsibilities statement**
The Trustees (who are also directors of AGE north down & ards for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standard (United Kingdom Generally Accepted Accounting Practice)
Company law requires the trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the income resources and application of resources, including the income and expenditue of the charitable company for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transaction and disclose with reasonable accuracy at any time the financial position of the charitable company and the enable them to ensure that the financial statements comply with the Companies Act 2019. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees, on 29/05/2026 and signed on behalf by:
Gerard O'Boyle Trustee
6
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE NORTH DOWN & ARDS**
I report on the financial statements of the company for the year ended 31 March 2026 which are set out on pages 9 and 10.
This report is made solely to the company's Trustees, as a body in accordance with section 65(3)(a) of the Charities Act Northern Ireland 2008 and regulations made under section 66 of the Act. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work of this report.
## **Respective responsibilities of trustees and examiner**
As the company's Trustees (and also the directors of the company for the purpose of company law) you are responsible for the preparation of the financial statements in accordance with the requirments of the Companies Act 2006. Having satisfied myself that the company is not subject to audit under company law, and is eligable for Independant examination.
It is my responsibility to:
- examine the accounts under section 65 of the Charities Act
- follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act
- state whether particular matters have come to my attention.
## **Basis of Independent Examiner's report**
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It was also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
## **Independent examiner’s statement**
My role is to state whether any material matters have come to my attention giving me cause to believe:
- 1 That accounting records were not kept in accordance with section 63 of the Charities Act
- 2 That the accounts do not accord with those accounting records
- 3 That the accounts do not comply with the accounting requirements of the Charities Act
- 4 That there is further information needed for a proper understanding of the accounts to be reached.
7
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AGE NORTH DOWN & ARDS (continued)**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed on page 7 and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
29/05/2026
Tony Clarke FCPA Date 53 Andersonstown Road Belfast BT11 9AG
8
## **AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital)
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT**
|**Note**
2
Charitable Activities
3
5
**Reconciliation of funds**
**Total funds brought forward**
Charitable Activities
**Net income/(expenditure)**
**Transfers between funds**
**Net movement in funds**
**Total funds carried forward**
**Expenditure on:**
**Total expenditure:**
**Income from:**
**Total Income**
Donations and Legacies|**Year to**
**Unrestricted**
**Restricted**
**31-Mar-26**
**Funds**
**Funds**
**TOTAL**
**£**
**£**
**£**
4,883
-
**4,883**
-
199,155
**199,155**
**4,883**
**199,155**
**204,038**
19,390
126,911
**146,301**
**19,390**
**126,911**
**146,301**
(14,507)
72,244
**57,737**
-
-
**-**
(14,507)
72,244
**57,737**
35,325
15,444
**50,769**
**20,818**
**87,688**
**108,506**|**Year to**
**31-Mar-25**
**TOTAL**
**£**
2,564
143,265|
|---|---|---|
|||**145,829**|
|||176,039|
|||**176,039**|
|||(30,209)
-|
|||(30,209)|
|||80,978|
|||**50,769**|
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
The notes on page 11 to 17 form an integral part of these accounts
9
## **AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
|**2026**
**2025**
**Note**
**£**
**£**
**11**
3,181
3,701
3,181
3,701
Debtors
**7**
6,326
8,794
102,640
41,009
108,966
49,802
**Liabilities**
**8**
(3,641)
(2,735)
105,325
47,067
**Total Assets Less Current (Liabilities)**
108,506
50,769
**108,506**
**50,769**
**Funds**
**12**
Restricted
87,688
15,444
Unrestricted
20,818
35,325
**TOTAL FUNDS**
**12**
**108,506**
**50,769**
**BALANCE SHEET**
**As at 31 March 2026**
**Net Current Assets**
Creditors:amounts falling due within one year
Cash at bank
**Current Assets**
Tangible Assets
**Fixed Assets**
**Net assets**|**2026**
**2025**
**Note**
**£**
**£**
**11**
3,181
3,701
3,181
3,701
Debtors
**7**
6,326
8,794
102,640
41,009
108,966
49,802
**Liabilities**
**8**
(3,641)
(2,735)
105,325
47,067
**Total Assets Less Current (Liabilities)**
108,506
50,769
**108,506**
**50,769**
**Funds**
**12**
Restricted
87,688
15,444
Unrestricted
20,818
35,325
**TOTAL FUNDS**
**12**
**108,506**
**50,769**
**BALANCE SHEET**
**As at 31 March 2026**
**Net Current Assets**
Creditors:amounts falling due within one year
Cash at bank
**Current Assets**
Tangible Assets
**Fixed Assets**
**Net assets**|**2026**
**2025**
**Note**
**£**
**£**
**11**
3,181
3,701
3,181
3,701
Debtors
**7**
6,326
8,794
102,640
41,009
108,966
49,802
**Liabilities**
**8**
(3,641)
(2,735)
105,325
47,067
**Total Assets Less Current (Liabilities)**
108,506
50,769
**108,506**
**50,769**
**Funds**
**12**
Restricted
87,688
15,444
Unrestricted
20,818
35,325
**TOTAL FUNDS**
**12**
**108,506**
**50,769**
**BALANCE SHEET**
**As at 31 March 2026**
**Net Current Assets**
Creditors:amounts falling due within one year
Cash at bank
**Current Assets**
Tangible Assets
**Fixed Assets**
**Net assets**|**2026**
**2025**
**Note**
**£**
**£**
**11**
3,181
3,701
3,181
3,701
Debtors
**7**
6,326
8,794
102,640
41,009
108,966
49,802
**Liabilities**
**8**
(3,641)
(2,735)
105,325
47,067
**Total Assets Less Current (Liabilities)**
108,506
50,769
**108,506**
**50,769**
**Funds**
**12**
Restricted
87,688
15,444
Unrestricted
20,818
35,325
**TOTAL FUNDS**
**12**
**108,506**
**50,769**
**BALANCE SHEET**
**As at 31 March 2026**
**Net Current Assets**
Creditors:amounts falling due within one year
Cash at bank
**Current Assets**
Tangible Assets
**Fixed Assets**
**Net assets**|**2025**
**£**
3,701|**2025**|
|---|---|---|---|---|---|
||||49,802
(2,735)|||
|||||||
|||||||
|||108,506||50,769||
|||||||
|||**108,506**||**50,769**||
|||87,688
20,818||15,444
35,325||
|||**108,506**||**50,769**||
The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The Trustees consider that the company is entitled to exemption from the requirment under the provisions of section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirments of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements were approved by the board directors on 29/05/2026 and were signed on their behalf by:
Gerard O'Boyle Trustee
The notes on page 11 to 17 form and integral part of these accounts
10
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **NOTES TO THE ACCOUNTS**
## **1 Accounting policies**
## **(a) Basis of preparation of financial statements**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102) the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
AGE North Down & Ards meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised as historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **(b) General information**
AGE North Down & Ardsis a private company limited by guarantee. The company is incorporated in Northern Ireland and has the company number NI036126 The registered office address and principal place of business is 24 Hamilton Road, Bangor, County Down, 24 Hamilton Road, Bangor, BT20 4LE. The principal activities of the company are to advance the interests and be for the benefit of the elderly in the area known as North Down and Ards, and to assist others in the pursuance of these activities.
The financial statements are presented in Sterling (£). The level of rounding is £1.
## **(c) Company status**
The company is a company limited by guarantee. The members of the company are the Trustees names on page 1. In the event of the company being wound up the liability in respect of the guarantee is limited to £1 per member of the company.
## **(d) Going concern**
After reviewing the charities forecasts and projections, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing it financial statements.
## **(e) Income**
All income is recognised once the company has entitlement to the income. It is probable that the income will be received and the amount of income receivable can be measured reliably. Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and the economic benefit can be measured reliably In accordance with the Charities SORP (FRS 102).
11
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **NOTES TO THE ACCOUNTS (continued)**
## **(e) Income continued**
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would be willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of donation.
Income tax recoverable in relation to investments income is recognised at the time the investment income is receivable.
## **(f) Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. It is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The cost of each activity are made up of the total direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on the basis consistent with the use of resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the company.
## **(g) Tangible fixed assets and depreciation**
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of the asset may not be recoverable. Shortfalls between the caring value of the fixed assets and their recoverable amounts are recognised as impairments, impairments losses are recognised in the Statement of financial activities incorporating income and expenditure account.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation if provided at rated calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
- Equipment 15% Reducing Balance - Land and Buildings 20 year lease term
12
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **NOTES TO THE ACCOUNTS (continued)**
## **(h) Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the bank.
## **(i) Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **(j) Cash at Bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit of similar account.
## **(k) Liabilities and provisions**
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that the transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount at the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of these amounts, discounted at the pre-tax discounted rate that reflects the risks specific to the liability. The unwinding of the discount is recoginsed within the interest payable and similar charges.
## **(l) Financial instruments**
The company only has financial assets and financial liabilities of a kind that qualifies as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **(m) Fund accounting**
General funds are unrestricted funds which are available for the use at the discretion of the Trustees in the furtherance of the general objectives of the company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with the specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
13
## **AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **NOTES TO THE ACCOUNTS (continued)**
## **2 Income from Donations and Legacies**
|Donations & Subscriptions
Grants & Other income
Interest received
**Totals 2026**
**Totals 2025**
**Income from Charitable Activities**
South Eastern Health & Social Care Trust
NIHE - Supporting People
Big Lottery
Halifax Foundation
Clanmill
Charles Haywood
Ardbannon
Age NI
**Totals 2026**
**Totals 2025**
Community Foundation for NI|**2026**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**TOTAL**
£
£
£
3,341
-
**3,341**
1,159
-
**1,159**
383
-
**383**
**4,883**
**-**
**4,883**
**2,564**
**-**
**2,564**
**2026**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**TOTAL**
£
£
£
-
80,171
**80,171**
-
48,486
**48,486**
-
3,008
**3,008**
-
31,647
**31,647**
-
8,754
**8,754**
-
7,250
**7,250**
-
5,000
**5,000**
-
1,000
**1,000**
-
13,840
**13,840**
**-**
**199,155**
**199,155**
**33,878**
**109,387**
**143,265**|**2025**|
|---|---|---|
|||**TOTAL**
£
1,210
-
1,355|
|||**2,564**|
|||**2025**|
|||**TOTAL**
£
33,878
46,466
42,921
20,000
-
-
-
-
-|
|||**143,265**|
||||
## **3 Income from Charitable Activities**
14
**AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **NOTES TO THE ACCOUNTS (CONTINUED)**
## **4 Staff Costs and Numbers**
|**Staff Costs and Numbers**||||
|---|---|---|---|
|Gross Wages, Salaries, NIC and Pensions|**2026**
£
106,801
**106,801**|2025
£
102,532|2025|
|||**102,532**||
No employee received emoluments of more than £60,000 (2025: None)
The average monthly number of employees during the year, calculated on the basis of full time equivalents, was as follows:
|**5 **|**Expenditure**
**Charitable Activities**
Advertising & sundry expenses
Travel
Subscriptions
Legal, professional & consultancy
Project costs
Bank charges
Leasing payments
Depreciation
Staff costs
Casual wages & staff training
Office costs
Repairs & Maintenance
Accountancy costs
**Totals 2026**
**Totals 2025**||
|---|---|---|
## **6 Trustees remuneration & expenses**
During the year, no Trustees received any remuneration (2025 - £NIL). During the year, no Trustees received any benefits in kind (2025 - £NIL). During the year, no Trustees received any reimbursement of expenses (2025 - £NIL).
15
## **AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **NOTES TO THE ACCOUNTS (CONTINUED)**
## **7 Debtors**
|**7**|**Debtors**||||
|---|---|---|---|---|
|**8 **|Trade debtors
HMRC PAYE & Pension
**Totals 2026**
**Creditors: amounts falling due within one year**
Accruals & Deferred Income
HMRC PAYE & Pension
Other Creditors
Loans
**Totals 2026**|2026
£
5,862
464
**6,326**
2026
£
1,648
-
1,993
-
**3,641**|2025
£
8,794
-|2025|
||||**8,794**||
||||2025
£
1,648
339
749
-|2025|
||||**2,735**||
## **9 Independent examiner's remuneration**
The independent Examiner's remuneration amounts to an Independent Examination fee of £360 (2025 - £360)
## **10 Related party transactions**
There were no related party transactions during the year.
## **11 Fixed Assets**
|**COST**
Additions
**At 31 March 2026**
**DEPRECIATION**
Charge for the year
**At 31 March 2026**
**NET BOOK VALUE**
At beginning of period
**At 31 March 2026**
At 1 April 2025
At 1 April 2025|**Land &**
**Property**
**Furniture**
**and**
**Equipment**
**£**
20,689
64,362
-
41
**20,689**
**64,403**
20,689
60,661
-
561
**20,689**
**61,222**
-
3,701
-
**3,181**|**Totals**
**£**
**85,051**
**41**|
|---|---|---|
|||**85,092**|
|||**81,350**
**561**|
|||**81,911**|
|||**3,701**|
|||**3,181**|
16
## **AGE NORTH DOWN & ARDS**
(Private company limited by guarantee without share capital) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
## **NOTES TO THE ACCOUNTS (continued)**
## **12 Statement of funds - current year**
|**13 **|**Restricted funds**
South Eastern Health & Social
NIHE (Supporting People)
Community Foundation for NI
Halifax
National Lottery
Clanmill
Charles Haywood
Ardbannon
Age NI
**Total restricted funds**
**Unrestricted funds**
General
**Total of funds - current year**
**Statement of fund- prior year**
**Total Unrestricted funds**
**Total of funds - prior year**
Total unrestricted funds
Total restricted funds|Balance at
1 April
2025
Income
Expenditure
Transfer
in/out
**Balance at**
**31 March**
**2026**|
|---|---|---|
|||£
£
£
£
**£**
C
-
80,171
(35,257)
-
**44,914**
-
48,486
(48,486)
-
**-**
-
3,008
(3,008)
-
**-**
-
8,754
(8,754)
-
**-**
15,444
31,647
(18,156)
-
**28,934**
-
7,250
(7,250)
-
**-**
-
5,000
(5,000)
-
**-**
-
1,000
(1,000)
-
**-**
-
13,840
-
-
**13,840**|
|||**15,444**
**199,155**
**(126,911)**
**-**
**87,688**
35,325
4,883
(19,390)
-
**20,818**|
|||**35,325**
**4,883**
**(19,390)**
**-**
**20,818**|
|||**50,769**
**204,038**
**(146,301) -**
**108,506**|
|||Balance at
1 April
2024
Income
Expenditure
Transfer
in/out
**Balance at**
**31 March**
**2025**|
|||61,657
36,442
(62,774)
-
**35,325**
19,321
109,387
(113,264)
-
**15,444**|
|||**80,978**
**145,829**
**(176,039)**
**-**
**50,769**|
17