COMPANY REGISTRATION NUMBER: N1039665 CHARITY REGISTRATION NUMBER: 100718 Engage with Age Company Limited by Guarantee Financial Statements 31 March 2025 Finegan Gibson Ltd Chartered accountants & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN
Engage with Age Cornpany Limited by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the director's report) Independent auditor's report to the members Statement of financial activities (including income and expenditure account) ststement of financial position 15 16 Notes to the financial statements 17
Engage with Age Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 March 2025. Reference and administrative details Registered charity name Engage with Age Charity registration number 100718 Company registration number N1039665 Principal office and registered East Belfast Network Centre office 55 Templemore Avenue Belfast BT5 4FP The trustees A Greenan GS McEvoy G Graham AL Greer RJ Hagan CS Hyndman F Hughes J McEwan Z Rowe M Skelcher D Wilkinson AM Mccartney P Newman J Wisoner (Appointed 28 November 2024) (Resigned 28 November 2024) (Resigned 28 November 2024) (Resigned 28 November 2024) (Appointed 28 November 2024) Company secretary Michelle Bolton Auditor Finegan Gibson Ltd Chartered accountants & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN
Engage with Age Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Structure* governance and management Backgmund to Engage with Age." Engage with Age (EWA) was established as a charity and a company limited by guarantee in November 2000. EWA is a community development organisation working to empower and support older people. Engage with Age seeks to enable sustainable benefits for older people and the community. It operates multi-agency partnerships to ensure joined up and collaborative working. Partnerships are active from a governance level down to operational and daily activities. Governance and Management.. Engage with Age is governed by a Board of Trustees that meets quarterly. Trustees come from a range of older people's and community organisations. older people'5 forums. as well individuals from the business, public sector and individual older people. The Board is supported by a Finance and Operations Sub-Group that meets six times per year, and a Governance Committee that supports the role and responsibilities of Trustees and CEO. The management of Engage with Age formally reports to the Board and the Finance and Operations Committee and has delegated responsibility for delivering the company's programme of work at an operational level. The staff team is composed of a CEO, Operations Manager. and Development Officers that deliver the company's programmes. Engage with Age has sub-contracted an external acGountancy company to undertake its finance administration and engages several other service provider5.
Engage with Age Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Objectives and activities As described in the Articles and Memorandum of Association, Engage with Age's objects ('Objects') are to promote the health. wellbeing, interests and alleviate loneliness, isolation and exclusion of older people living in Northern Ireland,(the area of benefit) without distinction of sex, sexual orientation. marital status, disability. caring responsibilities, race, or political, religious. or other opinions by associating together the said inhabitants, local authorities, public agencies and voluntary and other organisations in a common effort to relieve povety. preserve and protect health. advance education with the object of improving the conditions of life for the said beneficiaries. Strateglc Planning 2023-26 Engage with Age held several workshops with key stakeholders and older people to review its work, discuss its performance. and plan for the future. These workshops affirmed the value and importance of Engage with Age's existing activities. Engage with Age provides unique opportunities for older people to engage in. However gaps in service provision still exist and can be piecemeal at limes, depending on funding streams available. Throughout the 2023-26 period Engage with Age will review opportunities to reach out to more older people. and during the period will seek to expand its activities in a sustainable way and in partnership with other stakeholders and agencies. Company Mission Through the strategic planning process, Engage with Age refined its purpose confirming that the company's mission is "to empower older people to live happy, healthy. independent and connected lives" Values Our values guide us in our work and our relationships. They guide our behaviour, our attitudes, the decisions we make and what we expect from one another. Engage with Age values are based on community development principles. We put older people at the Gentre of all that we do, believing in self-determination and the right to make their own choices. Our values, which were revised and renewed during the Strategic Planning process, are: Being older people-led. Empowering older people., Treating everyone with respect., Working closely with other organisations; Ensuring everyone has the right to take part in stimulating activities and have fun. Engage with Age is Committed to working in partnership, believing in the strength of the contribution of many agencies, of people and of volunteers working collaboratively to make a real difference.
Engage with Age Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (confinued) Year ended 31 March 2025 Achievements and performance For the 2023-26 period. Engage with Age has revised its strategic aims, seeking to support the lives of older people and make communities stronger. Engage with Age's work builds from working with individuals through to affecting wider society. The four main strategic aims for 2023-26 are: 1. To empower older people to reduce the impact of loneliness and isolation on peer individuals within their communities and neighbourhoods. 2. To empower older people to improve their own health and wellbeing. 3. To strengthen communities and neighbourhoods by supporting and empowering older people's groups and forums. 4. To empower older people so they can shape matters that affect their lives. These strategic aims work towards a vision of society in which all older people are respected. valued and listened to in society. and actively involved in shaping the world. Addressing the impact of Isolation and Loneliness on older people Engage with Age seeks to empower older people to address the impact of loneliness and isolation on peer individuals within their communities and neighbourhoods. EWA has decades of experience addressing loneliness. The current programme supporting this aim is The PAL Project. The programme mixes aGtivity groups and telephone befriending to support lonely older people. Older people take a leading role in volunteering. running groups. and providing telephone-based befriending. The programme had been delivered on a part-time basis and in March 2023 EWA successfully raised funds from the Lottery Communty Fund for a three-year programme providing full-time staff for activity groups and befriending. A full-time activity groups Development Officer was appointed in October 2023, and part-time job share Development Officers for telephone befriending were appointed in November 2023. This programme refined its connections for recruiting older people who have experienced loneliness within the Health and Age sectors. The operation and methods were also reviewed and refined. The PAL Programme continues to be delivered in partnership with a wide range of organisations. Every week activity groups meet and up to 60 telephone befriending calls are made by volunteers. significant volunteering campaign took place in February and March in 2025. this included promotion internally with our existing participants and externally through other organisations. We also advertised using paid social media ads in June 2025. By the end of the reporting period increased numbers of Befriendees were being supported by new Befrienders. and new activity groups were started. Existing activity groups were also strengthened and revitalised, and participant numbers increased significantly. EWA also took a leading role in representing the needs of older people at sector level as a member of the Action Committee for the Nl Assembly All Party Group on Loneliness and Isolation, and the Belfast City Council City-wide Group on Loneliness and Isolation. In this reporting period there were approximately 10.000 engagements at activity groups and over 2,500 telephone befriending phone calls made. Pmmoting good physical and mental health
Engage with Age Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (¢ontinu8d) Year ended 31 March 2025 Engage with Age seeks to empower older people to improve their own Health and Wellbeing. EWA health promotion programmes in South and East Belfast all exceeded the targets set by the Public Health Agency and Belfast Health and Social Care Trust. A significant range of physical health and mental health programmes operated throughout east and south Belfast. Emphasis was placed on encouraging older people to re-engage with their communities and EWA supported efforts to grow membership for local groups. EWA worked in partnership with local health agencies to identify gaps in provision. meaning that EWA resources were deployed in neighbourhoods experiencing health inequalities with poor access to services for older people, this included warm packs being distributed to participants. Partnerships with community centres and supported housing suppliers developed, offering a range of social engagement, creative activities. and increasing skills and knowledge of local health opportunities. Older people also had the opportunity to report to the older people's parliament. Opportunities for older people and health messages were promoted directly through our East and South Belfast Programmes with over 50 health initiatives publicised throughout the year. EWA participants were supported to have Iheir voice heard in key campaigns in the year, such as Anti-povety Gonsultation. senior voices input into the emergency department, charity commissioned visit to Engage with Age office and meet participants, consultations on nursing equipment to name a few. In 2024125, over 4,500 people benefitted from health improvement initiatives. participating in over 300 activities. Supporting Older People's Groups and Forums Engage with Age aims to strengthen communities and neighbourhoods by supporting and empowering older people's groups and forums. 2024125 has seen continued strengthening of groups as a direct result of a mentoring style of capacity building support provided by EWA. This approach emphasised encouraging participation and making groups more interesting and attractive to members. EWA took over 70 sessions that offered new programme ideas, developed leaders, and empowered groups to manage their affairs effectively. EWA has continued to conduct annual health checks for groups in East and South Belfast and continued collaborative work beeen different groups has increased confidence and inter-community links. Engagement levels were double the target number required by our funder Belfast City Council. EWA'S support of Older People's Forum5 continued with member numbers at the East and South Belfast Forums increasing. All forums undertook training to improve their operation, and throughout the year over 30 different public agencies learned of the needs of older people. Supporting the voice of older people to Influence matters that affect them Engage with Age seeks to empower older people so they can shape matter5 that affect their lives. This aim was delivered in a range ofways throughout the year. EWA supported the Greater Belfast Seniors Forum (G6) to represent the views of the forums and older people it supports across Belfast. The G6 delivered an Annual Action Plan Campaigning on Fuel Poverty. Access to Transport. and Access to Health Services. In 2024-25. G6 actively promoted services and represented the views of older people to 37 organisations including the pensioners parliament in Stormont older people's voices and views, including a visit and view of the new central transport hub. EWA lead G6 members in key strategies effecting older people. Input into consultations included. the renters voice consultation, the BHSCT Health and Wellbeing booklet, Falls prevention uptake, Dementia cliniGS attended, Deaf blind UK support. They also helped shape care for the Elderly workshop. and involvement in the Positive Ageing Month activities lead by the Belfast
Engage with Age Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnu8d) Year ended 31 March 2025 Age Friendly Coordinator. The Dementia Friendly Artist in Residence programme conlinued engaging over 200 people affected by dementia with art exhibitions to audiences of over 20,000 people, including training to carers to have a lasting legacy to the work. Every month the PAL Gazette newspaper highlighted the views and creativity of older people to over 3,500 readers, and EWA produced the monthly Dementia Friendly East Belfast What's On Guide, promoting over 50 events and information articles every month. Developing the Governance and Operation of Engage with Age The ongoing business of governance and management of Engage with Age continued successfully throughout the reporting period. Every contract and funding agreement was fulfilled. Finances were managed effectively with income secured from a range of sources, some of which were new. In this period the charity secured £0.5 million of three-year funding from Ihe Community Lottery Fund and Belfast City Council, providing significant stability for its work. Communications promoting our services increased significantly. The work of the Board of Trustees governing the corporate development of Engage with Age was furthered through the Governance and the Finance and Operations sub-Gommittees. This activity included the initiation of a company-wide Governance Health Check. regular board meetings, and ongoing contact with staff. Within this period new trustees were recruited to Engage wilh Age. Summary Engage with Age is a small but mighty organisation that continues to exceed expectations and deliver a big impact. In 2024125, EWA provided over 15,000 opportunities for older people to take part in our activities, alongside an estimated 20,000 attendances at exhibitions and 10.000 online engagements. These impressive figures demonstrate a growing awareness of Engage with Age's profile and reach across the community. This has been a successful and inspiring year, reflecting not only the dedication of our team and volunteer5 but also the increasing ambition of the organisation to grow, innovate. and make an even greater difference in the lives of older people across Belfast.
Engage with Age Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (conlinu8d) Year ended 31 March 2025 Financial review Engage with Age maintained support from key funders and raised income from new funders in 2024-2025. Belfast Health and Social Care Trust, the Public Health Agency, Belfast City Council, and Lottery Community maintained their support of Engage with age. Correspondingly, Engage with Age maintained strong control over expenditure. At the end of the financial year 31 March 2025 Engage with Age had total funds of £150,197 which is composed of an unrestricted fund of £82,447 and a restricted reserve of £67,750. Reserves policy and going concern Reserves are needed to bridge the timing gap between spending and receiving of income and to cover unplanned temporary shortfalls in income should they arise. Holding adequate reserves safeguards the provision of our services in the event of unexpected significant financial pressures. Historically, Engage with Age had also built up its own unrestricted funds. The trustees have decided to allocate a fund of £11,737 to cover the survivability gap between income and expenditure for the 2024-2025 financial year budget (Designated Survivability Fund), and hold unrestricted reserves for winding up and running costs to the value of £70,710 (General Reserve Fund). Engage with Age has established a policy whereby the funds it holds. which are not committed or invested in tangible assets, should be within 1-3 months expenditure. The tsrget reserves range 15 beeen £30,000 - £90,000. Unrestricted reserves are freely available to spend, therefore excluding fixed assels and restricted reseNes amounted to £69.103. Trustees, responsibilities statement The trustees, who are also directors for the purposes of company law. are responsible for preparing the trustees, report and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources. including the income and expenditure. 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 applicable 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 charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficienl to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. 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.
Engage with Age Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {continuedJ Year ended 31 March 2025 Auditor Each of the persons who is a trustee at the date of approval of this report confirms that: so far as they are aware. there is no relevant audit information of which the charity's auditor is unaware., and they have taken all steps that Ihey ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. Small company provisions This report has been prepared in accordance with the provisions applicable to Companies entitled to the small companies exemption. The trustees, annual report was approved on 26 November 2025 and signed on behalf of the board of trustees by: SLJG M Sketcher Trustee
Engage with Age Company Limited by Guarantee Independent Auditor's Report to the Members of Engage with Age Year ended 31 March 2025 Opinion We have audited the financial statements of Engage with Age (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities (inGluding income and expenditure account). statement of financial position and the relaled notes. including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources. including its income and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice: have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the charity's ability to continue a5 a going Goncern for a period of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Engage with Age Company Limited by Guarantee Independent Auditor's Report to the Members of Engage with Age (continued) Year ended 31 March 2025 Other information The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the finanGial statements, our SponSibl]Ity is to read the other information and, in doing so, consider whether the other information is materially inconsistent wilh the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit.. the information given in the trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements. and the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in Spect of the following matters in relation to which the Companies Act 2006 requires us to report to you if. in our opinion= adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us. or the financial ststements are not in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit. or the trustees were not entitled to prepare Ihe financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the directors, report and from the requirement to prepare a strategic report. 10
Engage with Age Company Llmited by Guarantee Independent Auditor's Report to the Members of Engage with Age (continued) Year ended 31 March 2025 Responsibilities of trustees As explained more fully in the trustees, responsibilities statement. the trustees {who are a150 the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the trustees detemiine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK). Those standards require us to comply with the Financial Reporting Council's IFRC'S) EthiGal Standard for Auditors,, in the circumstances set out in note 24 to the financial statements. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going Goncem basis of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no realistic alternative but to do so. 11
Engage with Age Company Limlted by Guarantee Independent Auditor's Report to the Members of Engage with Age (continued) Year ended 31 March 2025 Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities. including fraud, are instances of non-¢omplian¢e with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detsiled below: In identifying and assessing risks of material misstatement in respect of IrguIaritie$, including fraud and non-compliance with laws and regulations, we considered the following- the nature of the industry and sector, control environment and business performance including the design of the remuneration policies. key drivers for directors. remuneralion, bonus levels and performance targets. results of our enquiries of management about their own identification and assessment of the risks of irregularities., any matters we identified having obtained and reviewed documentation of their policies and pro¢edure5 relating to: identifying. evaluating and complying with laws and regulations and whether management were aware of any instances of non-compliance., detecting and responding to the risks of fraud and whether management have knowledge of any actual. suspected or alleged fraud; the internal controls estsblished to mitigate risks of fraud or non-compliance with laws and regulations. the matters discussed among the audit engagement team including significant component audit teams and relevant internal specialists, including tax and valuations specialists regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. As a result of these procedures. we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud. In common with all audits under ISAS (UK). we are also required to perform specific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory frameworks in operation, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulation5 we considered in thi5 context included ongoing compliance with the UK Companies Act and tax legislation. In addition. we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance wilh which may be fundamental for their ability to operate or to avoid a material penalty- 12
Engage with Age Company Limited by Guarantee Independent Auditor's Report to the Members of Engage with Age (continued) Year ended 31 March 2025 As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial statements. whether due to fraud or error, design and perfomi audit procedu$ responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal contro5. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained. whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists. we are required to draw attention in our auditor's report to the related disclosures in the financial statements or. if Such disclosures are inadequate. to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, Structu and content of the financial ststements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 13
Engage with Age Company Limited by Guarantee Independent Audltor's Report to the Members of Engage with Age (contlnuedj Year ended 31 March 2025 As explained more fully in the Trustees, Responsibilities Statement (set out on page 7), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give true and fair view. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UKI. Those standards require us to comply with the Financial Reporting Council's IFRC'S) Ethical Standard for Auditors,, in in the circumstances set out in note 24 to the financial statements. Use of our report This report is made solely to the charity's members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not a¢pt or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed. Paul Dolan FCA (Senior Statutory Auditor) For and on behalf of Finegan Gibson Ltd Chartered accountants & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN 26 November 2025 14
Engage with Age Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Other trading activities Total income 18,688 18,688 347.361 2.400 2,621 322,167 3,045 327,833 347,361 1,000 1,400 20.088 348,361 368,449 Expenditure Expenditure on charitable activities Total expenditure 1,288 335.311 336,599 305,047 1,288 335.311 336,599 305,047 Net income 18,800 13.050 31,850 22.786 Transfers between funds (2,791) 2,791 Net movement in funds 16.009 15,841 31.850 22,786 Reconciliation of funds Total funds brought forward Total funds carried forward 66.438 51.909 118,347 95,561 82,447 67,750 150,197 118.347 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 17 to 27 form part of these flnancial statements. 15
Engage with Age Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Note FÉxed assets Tangible fixed assets 15 1,607 2,932 Current assets Debtors Cash at bank and in hand 16 8,732 156,820 8,290 121,816 165,552 130,106 Creditors: amounts falling due within one year Net Current assets 17 (16,962) 148,590 (14,691) 115,415 Total assets less current liabilities 150,197 118,347 Net assets 150,197 118,347 Funds of the charity Restricted funds Unrestricted funds 67,750 82,447 51,909 66,438 Total charity funds 20 150,197 118,347 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on 26 November 2025, and are signed on behalf of the board by- M Skelcher Trustee The notes on pages 17 to 27 forni part of these financial statements. 16
Engage with Age Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General Infomiation The charity is a public benefit entity and a private company limited by guarantee. registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is East Belfast NeOrk Centre, 55 Templemore Avenue, Belfast, BT5 4FP. ststement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's abilty to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-classes.. restricted income fvnds or endowment funds. 17
Engage with Age Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 Accounting policies (Continued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity- it is probable that the economic benefits associated with the transaction will flow to the charity and Ihe amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods 15 measured at the fair value of the goods unless this is impractical to measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent. in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking aGtivities that further its charitable aims for the benefit of its beneficiaries. including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expendilure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated direclly to that adivty- Shared costs are apportioned beeen the activities they contribute to on a reasonable. justifiable and consistent basis. Tangible assets Tangible assets a initially recorded at cost. and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 18
Engage with Age Company Limited by Guarantee Notes to the Flnanclal Statements (conunuedj Year ended 31 March 2025 Accounting policies {conned) Tangible assets (continued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain. in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the Gost or valuation of an asset. less its residual value. over the useful economic life of that asset as follows.. Fixtures and fittings Equipment 200/0 Straight line 200/0 Straight line Impaimient of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverabl8 amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing. when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that include5 the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill. the goodwill acquired in a business combination is. from the acquisition date. allocated to each of the cash-generating units that are expected to benefit from the synergies of the Combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a paty to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. 19
Engage with Age Company Limited by Guarantee Notes to the Financial Statements fcontlnuedj Year ended 31 March 2025 Accounting policies (continued) Financial Instruments (continu) Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments. including derivatives. are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate. in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequentiy measured at fair value. with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related serviGe is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee Engage with Age is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. 20
Engage with Age Company Limited by Guarantee Notes to the Financial Statements (¢ondnugdJ Year ended 31 March 2025 Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2025 Donations Donations 7,688 7,688 Grants CB and HH Taylor Trust Esmee Mitchell Trust Thompson Trust Truemark Trust 1.000 4,000 3,000 3.000 1,000 4.000 3,000 3,000 18.688 18,688 Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations 121 121 Grants CB and HH Taylor Trust Esmee Mitchell Trust Thompson Trust Truemark Trust 1,000 1.000 1,500 1.500 121 2,500 2,621 Charitable activities Restricted Total Funds Funds 2025 Restricted Total Funds Funds 2024 DFEB Sales Halifax LFT Trust Belfast City Council Belfast Health & Social Care Trust Lottery Community fund Public Health Agency Arts Council Nl 100 100 5,000 7.500 32,143 57,091 136,963 103,664 5,000 5,000 7,500 32,143 57,091 136,963 103,664 5,000 347,361 36,529 53,255 137,580 85,589 9,114 36,529 53,255 137,580 85,589 9,114 347,361 322.167 322,167 21
Engage with Age Company Limited by Guarantee Notes to the Financial Statements f¢ontinued) Year ended 31 March 2025 Other trading activities Unrestricted Funds Restricted Total Funds Funds 2025 Other Income 1.400 1.000 2.400 Unrestricted Funds Restricted Total Funds Funds 2024 Other Income 3,045 3,045 Expenditure on charitable activities by fund type unStrICted Funds Restricted Total Funds Funds 2025 Promote Health and Wellbeing Support costs 1,182 106 283.127 52,184 284,309 52.290 1,288 335,311 336.599 Unrestricted Funds Restricted Total Funds Funds 2024 Promote Health and Wellbeing Support costs 19,412 1,689 247,209 36,737 266,621 38,426 21.101 283,946 305,047 Expenditure on charitable activities by activity type Activities undertaken directly Support costs Total funds 2025 Total fund 2024 Promote Health and Wellbeing Governance costs 284.309 49.399 2.891 333.708 2.891 301,923 3,124 284,309 52.290 336.599 305,047 22
Engage with Age Company Limited by Guarantee Notes to the Financial Statements (c(Jntinued) Year ended 31 March 2025 10. Analysis of support costs Analysis of Support Costs Total 2025 Total 2024 Staff costs Premises General office Finance costs Governance costs 31,532 6.004 11,863 106 2,785 31,532 6,004 11.863 106 2,785 24,320 5,641 5,341 99 3,025 52,290 52,290 38.426 11. Net income Net income is stated after chargingllcrediting).. 2025 2024 Depreciation of tangible fixed assets 1,325 1,288 12. Auditors remuneration 2025 2024 Fees payable for the audit of the financial statements 2,785 3,025 13. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows= 2025 2024 Wages and salaries Social security costs Employer contributions to pension plans 184.146 10,476 9,186 142,660 7,376 7,099 203.808 157,135 The average head count of employees during the year was 9 (2024: 6). No employee received employee benefits of more than £60,000 during the year (2024: Nil). Key Management Personnel The key management personnel of the charity comprise the part time Director and Operations Manager. The total employee benefits of the key management personnel of the charity total £58.941 (2024: £57.169) 23
Engage with Age Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 14. Trustee remuneration and expenses The Charity Trustees were not paid or received any other benefits from employment with the Charity in the year (2024.. £NIL). They were not reimbursed for travel expense during the year (2024'.NIL). No charity trustee received payment for professional or other services supplied to the charity12024.' £NIL). 15. Tanglble fixed assets Fixtures and fittings Equipment Total Cost At 1 April 2024 and 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 18,641 13,878 32,519 18,641 10,946 1,325 29.587 1,325 18,641 12.271 30.912 Carrying amount At 31 March 2025 1,607 1,607 At 31 March 2024 2.932 2,932 16. Debtors 2025 2024 Trade debtors Prepayments and accrued income 1,250 7.482 160 8,130 8.732 8,290 17. Creditors: amounts falling due within one year 2025 2024 Trade credff(ors Accruals and deferred income Other creditors 5,569 7.478 3,915 5,109 7,290 2,292 16.962 14,691 24
Engage with Age Company Limited by Guarantee Notes to the Financial Statements (¢ontlnued) Year ended 31 March 2025 18. Deferred income 2025 2024 At 1 April 2024 Amount released to income Amount deferred in year At 31 March 2025 4,445 14,445) 4,693 4,293 14.293) 4,445 4,693 4,445 19. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £9,186 (2024.. £7,099). 20. Analysis of charitable funds Unrestricted funds At 31 March 202 At 1 April 2024 Income Expenditure Transfers Designated Fund {Note A) General Funds {Note B) 11,737 54,701 11,737 70,710 20.088 (1,288) (1,288) (2.791) (2.791) 66,438 20.088 82,447 At 31 March 202 At 1 April 2023 Income Expenditure Transfers Designated Fund (Note 11,737 76,095 11,737 54,701 66.438 General Funds (Note 8) 121 (21,101) (21,101) (414) (414) 87,832 121 The Trustees have decided to allocate a fund of £11,737 to cover the sustainability gap between income and expenditure for the 2024-2025 finanGial year budget (Note A) and hold unrestricted designated reserves for winding up and running costs to the value of £54.701 (Note B) 25
Engage with Age Company Limited by Guarantee Notes to the Flnancial Statements (continued) Year ended 31 March 2025 20. Analysis of charitable funds (continued) Restricted funds At 31 March 202 At 1 April 2024 Income Expenditure Transfers BHSCT Public Health Agency Comic Relief DFEB Halifax Thompson Trust Belfast City Council BCC- Medium LFT Arts Council Nl CB and HH Taylor Trust Lottery Community Fund 57,091 103,664 (57,091) (98,060} 5.604 2.000 5.000 14.791) {5.000) 2,791 31.143 (31,143) 7,500 5.000 {5.883) (4.952) 1,617 48 1.000 59,481 1.000 50.909 136.963 (128,391) (335,311) 51.909 348.361 2,791 67.750 At 31 March 202 At 1 April 2023 Income Expenditure Transfers BHSCT Public Health Agency Comic Relief DFEB Halifax Thompson Trust Belfast City Council BCC- Medium LFT Arts Council Nl CB and HH Taylor Trust Lottery Community Fund 53,255 85,589 (53.255) (87.661) (1,462) (6,180) 2,072 1,462 3.195 2,985 1,500 31,689 5.000 (1,500) 131,689) (5,000) 9,114 1,000 137,580 (9,528) 11,000) (86,671) (283.9461 414 1,000 1,000 50.909 7.729 327.712 414 51.909 26
Engage with Age Company Limited by Guarantee Notes to the Flnanclal Statements (¢onlinued) Year ended 31 March 2025 21. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Fund5 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1.607 88.965 (8.125) 82.447 1,607 165.552 (16,962) 150,197 76,587 (8,837) 67,750 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than l year Net assets 2.932 72.614 {9.108) 66,438 2,932 130,106 (14,691) 118.347 57,492 (5,583) 51,909 22. Taxation The Company is a registered charity. and as such is entitled to tax exemptions on income and profits in furtherance of the charity's primary objectives. 23. Contingencies A contingent liability exists to repay grants and Trust monies received should certain conditions not be fulfilled by the charity. In the opinion of the Trustees. the terms of the Letters of Offers have been, or will be. complied with ar)d no liability is expected. 24. Ethical standards In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. 27
Engage with Age Company Limited by Guarantee Management Information Year ended 31 March 2025 The following pages do not form part of the financial statements. 28
Engage with Age Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Income and endowments Donations and legacies Donations CB and HH Taylor Trust Esmee Mitchell Trust Thompson Trust Truemark Trust 7,688 1.000 4,000 3.000 3.000 121 1.000 1.500 18,688 2,621 Charitable activities DFEB Sales Halifax LFT Trust Belfast City Council Belfast Health & Social Care Trust Lottery Community fund Public Health Agency Arts CounGil Nl 100 5,000 7,500 32,143 57,091 136,963 103,664 5.000 36,529 53,255 137,580 85,589 9,114 347,361 322,167 Other trading activities Other Income 2.400 3,045 Total income 368,449 327,833 29
Engage with Age Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Expenditure on charitable activities Promote Health and Wellbeing Activities undertaken directly Wages & Salaries Employers NIC Pension Costs Rent & Service Charge Outsourcing Fees Repairs & Cleaning Insurance Programme Costs IT Support & Maintenance Staff Travel Consultancy Telephone Office Costs Volunteer Expenses Affiliation Fees Publicity 155,373 8,979 7,924 11,586 11,736 120 687 75,170 4.910 3,941 200 1,689 120,369 6,322 6,124 10,887 14,278 120 604 94,589 1,468 1,849 800 1,369 1,200 36 496 1.462 516 6,126 284.309 266,621 Support costs Wages & Salaries Employer5 NIC Pension Costs Rent & Service Charge Insurance Staff Travel Office Costs Depreciation Affiliation Fees Sundries 28,773 1.497 1.262 6,004 295 207 7,711 1,325 56 2,269 22,291 1.054 975 5.641 259 97 1,560 1.288 58 2.079 49,399 35.302 Governance costs Audit Fees Bank Charges 2,785 106 3,025 99 2,891 3,124 Expenditure on charitable activltles 336,599 305.047 30