Company registration number: N1620052
Clwity registration number :NIC104587
Mid & East Antrim Agewell Partnership
(A company limited by guarantee)
Annual Report and Financial Statements
for th¢ Y¢ar Ended 31 Ma￿h 2025
D T Carson & Co.
51-53 Thomas Street
Ballymena
Co. Antritn
B T43 6AZ

Mid & East ADtrim Ageivell Partnership
Statement of Financial ActiYAties for the Year Ended 31 March 2025
(Including Income and Expenditure Account)
Total
2025
Unrutri¢t¢d
Restrleted
Note
Income and Endowments from:
Donations and legacies
Cbaritsble activities
13,081
6,733
60
562,914
13,141
569,647
Total Income
19,814
562,974
582,788
Expenditure on:
Raistng fun(L8
Charitable activities
(2,182)
41,866)
(12,882)
(583,078)
(15,064)
(624,944)
Total Expenditure
(44,048)
595,960)
(640,008)
Net expenditure
Transfers between funds
(24,234)
(13,321
(32,986)
13,321
(57,220)
Net movement in fimds
(37,555)
(19,665)
(57,220)
Reconciliation of funds
Total funds brought forward
139,892
35.576
175,468
Totsl fund8 caTTied forward
17
102,337
15,911
118.248
Total
2024
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
11,440
14,286
11,443
581,813
567,527
Total In¢om¢
25.726
567,530
593.256
Expenditure on:
Raising funds
ChaTitable activities
(1.044)
(45.474)
(1.044)
(636.663
(591.189
Totsl Exp¢nditure
(46,518)
591,189)
637,707
Net expenditure
TTat15fers between funds
(20.792)
30.451
(23,659)
(30,45 L)
(44.451)
Net movement in fiu]ds
9.659
(54,110)
(44,451)
Reconciliation offunds
Total fi￿dS brought forward
Total funds canied forward
130.233
89,686
219.919
17
l39,892
35.576
175,468
All of the charity's income and expenditure derive from Continuing ￿tIvIties.
The statement of financial activities includes all gains and losses Eecogmised dwing the p￿10d.
The notes on pages 22 to 38 fomi an integral part of these financial 5tatem¢nts.
Page 19

Mid & East Antrim Agewe]] Partnership
(Registration number: N1620052)
Balance Sheet as at 31 March 2025
2025
2024
Iyote
Fixed assets
Tangible assets
12
13.829
12,133
Current assets
Debtors
Cash at bank aud in hand
13
14
80.760
60,845
130,350
70,775
201,125
141,605
Creditor5: Amounts falliDg due within one year
Net current assets
15
37,186
(37,790
104.419
163,335
Net assets
118.248
175,468
Funds of the charlty:
Restricted fincome funds
Restricted funds
17
15,911
35,576
Unrestricted income funds
Unrestricted fimds
102.337
139,892
Total ￿lld$
17
118.248
175.468
These financial statements have been prepared in accordance with the special provisions retating to ¢ompauies
subject to the small companies Tegime within Part 15 of th¢ CompaDies Ath 2006.
The financial statements on pages 19 to 38 were approved by the ttustees, and authorised for issue on 30
October 2025 and signed on tbeir behalf by:
Mr W Mccaughey
Chairman and TTUStee
The notes on pages 22 to 38 forni an integral part of these financial statements.
Page 20

Mid & East Antrim Agewell Partnership
Statement of Cash Flows for the Year Ended 31 March 2025
2025
2024
Note
Cash flows from operating activities
Net cash expenditure
(57.220)
(44,451)
Adjustments to cash tlows from non-casb iten
Depreciation
Donated motor vehicle
8,447
3,500)
(52,273)
9,257
(35,194)
Working capital adjustments
Decreasel(increase) ill debtors
(De¢rea5eyincrease in creditors
Decrease in deffflred income
13
15
49,590
(604)
{20,093)
24.107
(17,188)
Net cash flows from operating activities
(3,287)
(48.368)
Cash flows from investing activities
Purchase of tangible fixed assets
Donated asset
12
(10.143)
3.500
(1,357)
Net cash flows frorn investing activities
(6,643)
(1.357)
Net de¢T¢2S¢ in cash and cash equivalents
Cash and cash equivalents at l April
Cash and cash equivalents at 31 March
Reconciliation of net cash tlow to movement in net funds
Decrease in cash
(9,930)
70,775
(49,725)
120.500
60,845
70,775
(9,930)
70,775
(49,725)
120,500
Net funds at l April 2024
Net fimds at 31 March 2025
60.845
70.775
Alj of the cash flows are derived from continuing operations during the above two peTiods.
The notes on pages 22 to 38 fonn an integral part of these fmatLcial Statements.
Page21

Mid & East Antrim Agewell Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
I Charity status
The clwity is limited by guarantee. incorporated in Northern Ireland, and consequently does not have share
capital. Each of the tn￿teeS is liable to contribute an amount not exceeding £1 towaTds the assets of the charity
in the event of liquidation.
The address of its registered office is:
Brougbsbane House, 70 Main Street, Broughshane. BALLYMENA County Antrim BT42 4JW
These financial statem¢nts were authorised for issue by the trnstees on 30 October 2025.
2 A¢¢ountlng po]icie5
Summary of 5ignifieant aceollntAng policies and key accounting estimate5
The principal accounting policies applied in the preparation of these fmancial statements are set out below.
These policies have been consistently applied to all the years piesente(l unless otherwise state¢l
Statement of compJi2n¢e
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to cbarities preparing their accounts in accordance with the
Financial Reporting StalldaTd applicable in tbe UK and RepubIic of Ireland (FLS 102) (effective l January
2019), the Charities Act (Northern Ireland) 2008 and the Companies Act 2006 and UK Generally A¢cepted
Accounting Practice.
The charity is a Public Benefit Entity as defined by FRS 102.
Basis of preparatioD
Assets and liabilities are initially reco￿LIS¢d at historical cost or transaction value unless otherwise stated in the
relevant accoullting policy notes.
The presentational cutTeDCy of these finall¢ial statements is sterling and amounts have been rounded to th¢
nearest £1.
Page 22

Mid & East Antrim Agewell Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
Going concern
The financial statements have been prepared on a going concern basis.The tsustees have assessed a period of 12
months from the date of approving the financial statements with regard to the going concern assumption in
preparing the f￿ancIal statements.
The trustees note the net deficit that has been recorded by the charity in its statement of fmancial activities for a
s¢cond successive year and that the level of unrestricted fimds is depleting and at a level currently below its
targeted operational reserves level of 3 months operating costs.
In light of this financial position, the Trustees have considered the vaTiOUS uncertainties and other factors around
going concern. Their work has included a review of financial budgets and other infornation for a period of 12
months and beyond from the date of signatur¢ of these financial statements.
The charity continues to deliver its current fimded progratmnes in line with its strategic plan. maintsining strong
partnerships with fimd¢rs and stakehoLdeTS. The funding of IMPACTAgewell@. the chaTity's core programme,
has been extended by the Deparlment of Health to 31 MaTch 2027 and other key programmes have also been
confmed over the tL¢Xt two year period. The Ag¢ing Well progrdtDme will be subject to a tendering process in
early 2026, however th¢ charity would be hopeful that they could again be successful in the award of this
progran]me.
During tbe fmancial year ended 31 Marcb 2025. Agewell entered a planned period of significant change with
tbe establishment of its new social ente￿rise, Dots. This initiative has been developed to getLerate an additional
income stream, supporting tb¢ long-terni sustainability of the ¢haTity atLd reducing reliallce on external grdnt
funding.
The T￿SteeS recogDise that tbis period of transition requires the use of Agewell's own rescrves to support the
development and early stages of Dots. The success of Dots, and its future financial contribution to the charity,
represents a material uncertainty that may cast significant doubt OD the charity's ability to continue as a going
concern.
The charity has already wccessfuIly attracted grant fimding from several f(mders to assist with startup and to
help minimise the burden on th¢ charity's own reserves. both ID the CUTrellt and fijture fitwicial years.
Appropriate budEets and financial plan5 for Dots have beell prepar¢d by management and reviewed by the
Trustees to nwlage the implementation carefully. Dots is forecast to be self-sustaiDillg by the end of the 26127
fllW]cial year and will begin contributing 5UTpIu5 in¢om¢ baok to Agewell, strengthening the charity's overall
financkal position.
Dots bas also received support froD] the Vivensa Foundation in the foTm of a social investment for the 2025126
financial year, helping to reduce the GR￿lty'S exposuTe to fmancial risk. While forecasts indicate a fi￿er
deficit at the end of 2025126. the charity's cutrent level of utjrestricted reserves is sufficient to absorb this
hortfall. The Trnstees anticipate that. from tbis point, Dots will begin contributing positively and help r¢turn the
charity to a SUTplus position.
Having consid¢red all of the above. at the time of approving the accounts, the Trust¢¢s have a Teasonable
¢xpect&tion that the charity has adequate resource5 to continue in operational existence for tbe foreseeable
future. Accordingly, the Trustees continue to adopt the going conG¢rn basis of accounting in prepaTing these
fllwicial statements.
Page 23

Mid & East Antrim Agewell Partnershlp
Notes to the Financial Ststements for the Year Ended 31 March 2025
Judgements
The Preparation of the financial statements requires the trustees to make judgements, estimates and assumptions
that affert the application of accounting policies and the reported amount of assets and liabilities, incom¢ and
expenses. The estimates and associated assumptions are based on historical experience and other factors that are
Onsidered to be relevanL Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates
are recognised in the period in wbich the estimate is revised where the r¢vision affects only that period. or in the
period of the revision and ￿tUre periods where the revision affects both Current and future periods.
Key sources of estimation uncertalnty
There were no key sources of estimation uncertainty made in the year.
Income
All income is recognised once there is a legal or constsuctive obligation to that incorne after any perfonnace
onditions have been met, the amount can be measured reliably and it is probable that ineorne will be received.
All income is allocated to tbe applicable income beading that aggregate similar incorne to that category.
Donrttions and legacie5
Donations are recognised when the charity has been notified in WTiting of both the amount and settlement date.
In the event that a donation is subject to conditions that Iequire a level of perfonnance by the charity before the
charity is entitled to the fjjllds, the income is deferred and not recognised until either those conditions are fillly
met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these
conditions will be fiLlfilled iti the reporting perio
Grants receivable
Grants are recognised when the charity has an entidement to the fijnds and any ¢otLditions linked to the grants
have been met.
Grants receivable are recognised initially at transaction price and subsequently measured at amortised cost using
th¢ effective interest rate method. less any provision for irnpairment. A provision foT the impairnient of grants
receivables is established when tbere is objective evidence that the charity will not be able to collect all amounts
due according to the original tenns of the grant receivables.
Where perforniance conditions are attached to the grant and are yet to be niet, the income is recogtiised as a
liability and included on the balance sheet as deferred incom¢ to b¢ r¢leas¢d.
Deferred income
Deferred income represents amounts received for ￿tUre periods and 15 released to incoming r¢sources in the
period for which, it bas been received. Such income is only deferred when..
- The donor specifies that the grant or donation must only be used in accounting period5. OT
- The donoT has imposed conditions whicb must be met before the charity has unconditional entitlement.
Pag¢ 24

Mid & East AntriD] Agewell Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
Gifv in kind
Gifts in kind are recognised ID different ways dependent on how they are ￿ed by tbe clwity:
(i) Those donated for resale produce income when they are sold. They are valued at the amount actually
realised.
(li) Those donated for onward transmission to beneficiaries are included in the Statement of Financial A¢tivities
as incomiDg r¢sources and resources expended when they are distributed. They ar¢ valued at the amount the
charity would have had to pay to acquire them.
(iii) Those donated for use by the charity itself are included when receivable. They are valued at the amount the
charity would have had to pay to acquire them.
No amounts are included in the fjnancial statements for services donated by volunteers.
Expenditure
All expendi￿re is recO￿lSed once there is a legal or constructive obligation to that exp¢ndibre. it is probable
settlement is required and tbe amount can be measured reliably. All costs are allocated to the applicable
expenditUTe heading that aggregate similar costs to that category. Where costs catmot be directly attributed to
particular hcadings they have been allocated on a b&5is consistent with the use of Tesources. Staff costs and other
support costs are allocated to activities on the basis of time spent on those activities.
Raisinglunds
These are costs incurred in attTacting voluntary iucome, the manaEement of investments and those incurred in
trading actLVities that raise funds.
Charitable aclivities
Charitable expenditure comprises those costs inCu￿ed by the charity in th¢ delivery of its activities and services
for its beneficiaries. It in¢ludes both costs that can be allocated directly to such activities and those costs of an
indirect nature llecessary to support them.
Support ¢05ts
Support Costs include central fimction5 and have been allocated to activity cost categories on a basis ¢onsistent
with th¢ us¢ of resources, for example, staff costs by the time spent and other costs by their usage.
Governance costs
Thes¢ itLclude the costs attributable to the charity's compliance with constitutional and statutory r¢quirements.
Taxation
Th¢ charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax PUTP05es. Accordingly. the
charity is potentially exempt from taxation in respect of income or capital gains Te¢¢ived within categories
covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Cbargeabl¢
Gains Act 1992, to the extent that such irAcome or gains are applied exclusively to Charitable purposes.
Tangible r￿ed assets
Tangibl¢ f￿¢d assets (individually costing £100 or more) are initially measured at ¢ost and subsequently
measured at C05t, net of depreciation and any impairment losses. The company assesses at ¢ach reportitLg date
whether tangible fixed assets are impaired.
Page 25

Mid & East Antrim Agewell Partnership
Notes to the Finallcial Staternents for the Year Ended 31 March 2025
Depreciation And 2morti5ation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estiTnated
Tesidual value, over their expected useful economic life as follows:
Asset class
Furniture and Equipment
Motor V¢hi¢les
Depreeiation method and rate
4 years straight line
4 years straight line
Cash and cash equivalent$
Cash and cash equivalents comprise cash on hand and call deposits, aad other short-terni higbly liquid
investments that are readily convertible to a knovm amount of cash and are subject to an insigoifieant risk of
hange in value.
Trade creditors
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if th¢ charity does not have au
un¢onditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting date. they are presented as non-current liabilities.
Trade creditors aTe TecogDised initially at the transaction price and subsequently measwed at amortised cost
Using the effective interest metbod.
Fund structure
Unrestticted income funds are general funds that are available for use at the trustees discretion in filltherance of
tbe objectives of the charity.
Restiicted income funds are those donated for use in a parti¢ular area or for specific purposes, the use of which
is restsicted to that area OT purpose.
Hire purchase and finance leases
Leases in wbi¢h substantially all the risks and rewards of ownership are retsined by the lessor are classifled as
operating leases. Rentsls payable under operating leases are charged in the Statellient of Finallcial Activities on
a Straight lin¢ basis over the Eease temi.
Pensions and other post retir¢rtt¢nt obligadons
Th¢ ¢harity operates a defined contribution pension scherne which is a pension plan under which r￿ed
ontributions are paid into a pension fimd and the charity has no legal or constructive obligation to pay further
ontributions even if the fi￿d does not hold sufficient assets to pay all ¢mployecs the benefits relating to
employce scrvice in the current and prior periods.
Contributions to defined contribution plans are recogni5ed in the Staternent of Financial Activities when they are
due. If contribution paym¢nts exceed th¢ ¢ontribution due for service. the excess is recognised as a prepayment.
Pag¢ 26

Mid & East Antrim Agewell Partnership
Notes to the Financial Statemellts for the Year Ended 31 March 2025
Fln2ncl21 Instruments
Classificalion
Financial assets and financial liabilities are recognised when the charity becomes a paty to the contractual
provisions of the instrwnenL
Financial liabilities and equity instnllllents are classified according to the substance of tbe contractual
arrangements entered into. An equity instnunent is any contract that evidences a residual interest in the assets of
the charity after deducting all of its liabilities.
Recognition and measurement
Basic financial assets
Basic financial assets, which include debtors, cash and bank balances. are initially measured at transaction price
including transaction costs and are Subsequently caTried at amortised cost wing the effective interest method
unless the arrangement constitutes a financing traDsaction, where the transaction is tneasured at the present
value of the future receipts discounted at a tnarket rdte of interest. Financial assets classified as receivable within
one year are not amortised.
Basic f￿anCIal liabilities
Basic fll]ancial liabilities, which include Creditors and loans. are initially measured at transaction price unless the
a￿allgeMellt constitutes a financing transaction. where the debt instrument is measured at the present value of
the ￿t￿re payments discoiinted at a market rate of interest. FiTwicial liabilities classified as payable within one
year are not amortised. Financial liabilities are derecognised when the Charity's contractual obligations expire or
are discharged or cancelled.
Jmpairm¢nt
For financial assets ¢arried at amortised cost, the amount of impairnient is the difference between the &sset's
canying amount and th¢ Present value of estimated future cashfiows. discounted at the financial asset's original
effective interest rate. For financial assets carried at cost less impainnen¢ the impairment loss is the difference
between the asset's carrying aTnount and th¢ estimate of tbe amount that would be received for the asset if it
were to be sold at the reporting dat¢.
Where indicators exist foT a decrease in impairn]ent loss, and the decrease can be related objectively to an event
occurring after the itnpairTnent was recognised, the PriOT impairmellt loss is tested to determine reversal. An
irnpainnent loss is reversed on an individual impaired financial asset to the extent that the revised Tecoverdble
value does not lead to a revised Carrying amount higber than the carrying value had no impairment been
recognised.
Page 27

Mid & East Antrim Agewell Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
3 Income
Unrestricted
Total
2025
Total
2024
General
Restrlcted
Donations and legacies.
Donations from fjjndraising
activities
Donations frorn companies, tn￿ts
and similar proceeds
Donations frorn individuals
Donations from community
groups
Gifts in kind
4,074
4.074
2,990
1,480
3.997
1,480
4,057
2,000
5.423
60
30
3,500
30
3.500
1,030
13,081
60
13.141
11,443
4 Income from charltable activities
Unrestricted
fund5
General
Re5tri¢tsd
lunds
Total
2025
Programme grant income
Dots Social Enterprise Grant income
Other incotn¢
5,832
546.690
15,885
339
552,522
15,885
1,240
901
6,733
562.914
569.647
Unrestricted
funds
General
Restricted
fund5
Total
2024
Prograrnme wt income
Other incom¢
13,478
808
566.017
1,510
579,495
2.318
14.286
567.527
581,813
Pag¢ 28

Mid & East Antrim Agewell Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
5 Expendithre on rgisiDg funds
a) Costs of generating don2tRons and legaeles
Total
costs
Direct c(Jsts
Staff Costs
Costs of generating donatiODS and legacies
Total for 2025
85
14,979
15.064
85
14,979
15,064
Total for 2024
850
194
1,044
£2,182 (2024 _ £1,044) of the above expenditUTe was attributable to ut)restricted fi￿dS and £12,882 (2024 -
£Nil) to Testricted funds.
6 Expenditure on charitable activities
Activity
undertaken
directly
Activity
SUPPOTt ¢osts
2025
Progra￿￿¢ direct costs
stsff costs
Support costs
208,979
330,422
208,979
330,422
85,543
85,543
539.401
Activity
undertaken
directly
85.543
624.944
Activlty
support costs
2024
Programme direct costs
Staff costs
Support ¢osts
223.906
323,602
223,906
323.602
89.155
89.155
547,508
89,155
636,663
£41.866 (2024 - £45,474) of the above expendittwe was attributable to unrestrithed funds and £583,078 (2024 -
£591,189) to restricted fimds.
Page 29

Mid & East Antrim Agewell Partnersbip
Notes to the Fillancial Statements for the Year Ended 31 March 2025
7 Analysis of governance and support costs
CharAtfdble activities expenditsre
Unrestricted
funds
General
Re$tri¢ted
funds
Totsl
2025
Depreciation
BaDk fe¢s
IT costs
Telephoneltnternet
HR consultant support
Office equipment
IT consultant support
Office Rent- operating lease expense
Office Utilities cost
Insurance
Volunteer expenses
Office postsge and prlnting
Offic¢ general costs
Training
Finance Consultancy costs
Govemallce costs - Audit
8,447
21
2,758
367
8,447
324
303
8.087
6.981
2,815
952
2,520
9.894
912
3,796
4,840
9,813
2.879
658
10,845
7,348
2,815
1,016
2.520
10.415
960
3,993
6,009
10.333
3,760
678
64
521
48
197
1,169
520
881
20
11,280
11,280
4.800
4.800
19.813
65.730
85.543
Page 30

Mid & East Antrim Agewell Parthership
Notes to the Financial Statements for the Year Ended 31 March 2025
Unrestrlcted
funds
General
Restricted
funds
Total
2024
Depreciation
BaDk fees
IT costs
Telephoneltnternet
HR consultant support
Office equipment
IT Consultant support
Office Rent- operating lease expense
Office Utilities cost
Insurance
Volunteer expenses
Office postage and printing
Office general costs
Training
Finance Consultancy costs
GovertLan¢¢ costs - Audit
9,257
22
1,959
5,992
9,257
329
10,572
6,622
1,686
567
2.520
8,017
435
4,280
5.851
15.656
895
4,468
13,500
4,500
307
8,613
630
1,686
391
2,520
4.154
(5)
3,888
5,045
14,002
176
3,863
440
392
806
1,654
895
654
1,400
4.500
3.814
12,100
32,010
57.145
89,155
8 Trustees remuneration and expenses
No truste¢s, nor any persons connected with them, have Te¢eived any remuneration from the charity during th¢
yeat.
9 Staff costs
The aggregate payroll ¢osts weTe as follows:
2025
2024
Staff costs during th¢ year were:
Wages and salaries
SoGial Security ¢05ts
P¢nsioll costs
Other staff costs
312.319
23,155
8,937
990
292,023
21.598
10.015
160
345,401
323.796
Page3l

Mid & East Antrim Agewell Partnership
Notes to the Financial Statements for the Year Ended 31 IWtsrch 2025
The monthly average number of persons (including senior management I leadersbip team) employed by the
Iwity during the year expressed as full tim¢ equivalents was as follows."
2025
2024
Charitable activities
Governance
12
No ¢mployee received emoluments of more than £60,000 during the year.
The totsl employee benefits of the key management personnel of the charity were £88,300 (2024 - £87,547).
10 Auditors. remuneration
2025
2024
Audit of the financial statements
4,800
4,500
11 Taxation
The charity is a registered charity and is therefore exempt from taxation.
12 Tangible fixed assets
Furniture and
equipment
Motor vehicles
Total
Cost
At l April 2024
Additions
37,441
6,643
37,441
10.143
3.500
At 31 March 2025
44,084
3,500
47.584
Depreciation
At l April 2024
Charge for the year
25,308
7.900
25.308
8.447
547
At 31 March 2025
33.208
547
33,755
Net book value
At 31 March 2025
10.876
2.953
13.829
At 31 Marcb 2024
12,133
12,133
Page 32

Mid & East Antrim Ageivell Parthership
Notes to the Financial Statements for the Year Ended 31 March 2025
13 Debtors
2025
2024
Prepayments
Grants receivable
1.898
78,862
729
129,621
80,760
130,350
14 Cash and cash equivalents
2025
2024
Cash at bauk
60,845
70,775
IYon-Ca5b transactions exeluded from the eash flow statement
During the C￿￿ellt period. a second hand motor vehicle at fair value of £3,500 was donated to the charity and
this has been excluded from the c&shfiow staÈemenL
15 Creditors: amounts falling due within one year
2025
2024
Trade Creditors
Other creditors
Accnjals
4,475
12,876
3,214
21.700
32,711
37,186
37.790
16 Pension and other sehemes
Defined contribution pension scheme
The charity opeTat¢s a defined Contribution pension scheme. The pension cost charge for the year repies¢nts
contributions payable by the cknity to th¢ s¢h¢me alld a￿ounted to £8.937 (2024- £10,015).
Pag¢ 33

Mid & East Antrim Agewell Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
17 FuDd5
Balallce at
31 March
2025
Balan¢e at I
Aprll 2024
Incoming
resources
Resources
eipended
Transfers
Unrestricted funds
General
Unrestricted Income Funds
139,892
19,814
(44,048)
(13,321)
102,337
Restricted funds
IMPACTAgewell@ - Dept
of Health
MEABC Ageing Well
Connect North Service
Holistic Hoarding HelpeTS
24125
CFNI Creases for Carers
NtHE- Social Enterprise
CFNI - Social Justice 24125
CDHN - Elevate 24125
Scamdemic
Go Succeed
CDHN - BCPP 23124
IMPACT Demonstrator
DEARA RuTal Micro Grant
Asda Foundation
CFNl- Bank of Ireland
333,342
105.046
41,033
(331,118)
(133.729)
(41,033)
(2,224)
28,683
23,281
17,187
10,000
8.547
7,500
6,459
4,000
2,400
1,894
1,885
400
(15,637)
(41,237)
(10,000)
(280)
(7,000)
(6,459)
(2,422)
(3,400)
7.644
24,050
8,267
(500)
(1.578)
(7.594)
(1,894)
(1,572)
8,594
(313)
(400)
(2,932)
2.932
Total restricted funds
35,576
562,974
(595,960)
13,321
15.911
Totsl funds
175.468
582.788
{640,008
118.248
Page 34

Mid & East Antrim Agewell Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
Balance at
31 March
2024
Balance at I
April 2023
Incoming
resources
Resources
expended
Transfers
Unrestricted fund5
General
Unrestricted Income Funds
130,233
25.726
(46,518)
30,451
139,892
Restricted
I￿ACTAgeWCll￿ - Dept
of Health
IMPACTAgewell@ - DMT
MEABC Ageing Well
Connect Nortb S￿VIce
CFNI Creases for Carers
CDHN - BCPP 23124
IMPACT DemonstratOT
CFNI - Bank of Ireland
MEABC Lunch Club
Launch Pad
HFM Book Buddies
TNL - BFF
Ageing Well Awards
326,418
(310,985)
(21,789)
(118,750)
(32,246)
(25,121)
(8,000
(52.139)
(5.318)
(15,433)
(2,844)
7.983
(8,787)
(7,080)
24,633
110,767
41,033
37,500
16,600
19,503
9,621
18,751
24.050
8,594
31,829
807
(1,371)
2,932
9,217
1.172
4,084
(1,424)
(935)
(4,992)
(9,484
(7.793)
(237)
908
3,396
6,088
Total restricted funds
89.686
567.530
(591,189)
(30,451)
35.576
Total funds
219,919
593,256
(637,707
175,468
Page 35

Mid & East Antrim Agewell Partnership
Notes to the Finallcial Statemellts for the Year Ended 31 March 2025
The specific purposes for which the funds are to be applied ar¢ as follows..
IMPACTAgewell@
IMPACTAgewell@ is an assets-based approach to integrated ¢are which supports Older People aged 60+ living
with on¢ or rnore long temi health conditions in the Mid and East Antrim area.
MEABC Ageing Well- Mid & East Antrim Community Plam)ing Partners
The Ageing Well service provides a Handyperson Service for Older People aged 65+ as well as a Good
Morning Telephone service across Ballymen4 Carrickfergus and Larne.
Connect North Service- Age NIINHSCT
Connect North is a social pre5￿1b1Dg model which supports individuals aged 18+ living in Mid and East
NIHE Holistic Hoarding Helpers 24125
Holistic Hoarding Helpers provides support to NI￿￿ tenants in the Ballynena area at risk of losing their
tenancy due to hoarding issues.
CFNI - Creases foT CaTers- Depar¢ment of Health
Creases for Carers provides door to door ironing support for Older People who are Caring for someone at bome.
NIHE Social Entetpris¢- Northern Ireland Housing Executive
NIHE Social Entetpris¢ Fund Provided fllwicial support to the Dots Social Entetpris¢.
CFNI- Social Justice 24125 Community Foundation for Northern Ireland
Agewell for All provides health and wellbeing support for older residents from etbnic minorities living in the
Mid and East Antrim atea.
CDHN- Elevate 24125 - Public Health Agency
The Elevate programme 5UPPOrts conununity and voluntary organisation with health and wellbeing support
including mentoring.
Scamdemic
The Agewell Scamdemic project is a community initiative providing an info￿tIon conference and wider
support to raise awarell¢ss of scams, funded by Housing for All, Radius Housing. Triangle Housing. tbe MEA
Policing & ComtnuDity Safety PartneIship, the Nortbern Ireland Housing Executive. and Mid & East Antrim
Borougb Council.
Go Succeed- UK Government, facilitsted by Mid & East Antrim BTougb Counril
This grant has SUPPOrted Dots through the purchase of equipment and setvices to strengthen and grow the Dots
Social Enterprise.
CDHN- BCPP 23124
Building Cornmunity Phannacy Partnerships (BCPP) is a project which supports communities and community
pharmacists to work together to address the social deterniinants of bealth and health inequalities.
IMPACT Demonstrator
The Impact Demonstrator is a four-nation review into adult social care, witb research looking at how to embed
asset based approaches in health and social care.
Page 36

Mid & East Antrim Agewell Partnership
Notes to the Financial Ststements for the Year Ended 31 March 2025
DEARA Rural Micro Grant - Depaitment of Agriculture and Rural Affairs - fa¢ilitated by Northem Area
Comtnutiity Network
This wt supports Dots througb the purchase of equipment to strength¢ll and grow the Dots social enterprise.
Asda Foundation
The Asda Foundation has provided support to ¢ommunity and voluntary groups who work with individuals at
risk of i501ation, in¢luding Agewell's Face to Fa¢¢ Befriending Service.
CFNI - Bank of Ireland
This fund provides resource specifically for the Agewell Counselling Se￿ice, which allows Older Peopl¢ to
address ernotional and mental health support.
ABC Lunch Club Launch Pad
The Lunch Club Launch Pad project, supports the recovery and relaunch of existing luncheon clubs in
Ballyinena, Carrickfergus and Lame following the COVID-19 pandemic.
TNL BFF
The Building Flurishing Friendships (BFF) Service is a fa¢e-tO-face befriending projecL wbich supports Older
People in Mid and East Antrim at bigb risk of isolation and lon¢lin¢ss.
AgeiDg Well Awards
The Agewell Awards provides a platforn) of recognition for conununity groups and individuals who support
Older People living in Mid and East Antrim to be better, physically, better etnotionally and better connected.
18 Analysis of net 2$sets between funds
Unrestricted
funds
General
Total funds at
31 March
2025
Restricted
funds
Tangibl¢ fixed assets
Current assets
Current liabilities
13,829
104,694
(16,186)
13.829
141.605
(37,186)
118,248
36,911
(21,000)
15.911
Total net assets
102,337
Unrestricted
funds
General
Total funds at
31 March
2024
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
12.133
135,473
(7,714)
12,133
201,125
(37,790)
65,652
(30.076)
Total net assets
139,892
35.576
175.468
Page 37

Mid & East Antrim Ageivell Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
19 Analysis of net funds
At l April
2024
At 31 March
2025
Cash flows
Cash at baDk and in Iwid
70,775
9,930
60,845
Net funds
70,775
At l April
2023
9,930
60,845
At 31 March
2024
Casb flow5
Cash at bank and in hand
120,500
(49,725)
70.775
Net funds
120.500
(49.725)
70.775
20 Related party transactions
Durlng the year the charity made the following relatsd paty tranS￿tions..
Trustees
Trnstee expenses relating to travel expenses were incurred and reimbursed to one trustee in the year and totalled
£46.71 (2024 - Travel and programme facilitation expenses to two trustees £318.71). At tbe balance sheet date
the amount due tolfrom Trustees was £Nil (2024- £Nil).
21 Ob]igations under leases and hire purchase contracts
Operating lease conllnitments
Total future minimum lease payinents under non-w]cellabl¢ operating leases are as follows:
2025
2024
Land and buildiogs
Within one year
10.546
10,546
Page 38