Charity registration number= 105007
Age Concern Network of Newcastle and District
Annual Report and Financial Statements
for the Year Ended 31 March 2025

Age Concern Network of Newcastle and District
Contents (continued)
Reference and Administrative Details
Trustees, Report
2to4
Independent Examiner's Report
5t06
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t013

Age Concern Network of Newcastle and District
Reference and Administrative Details
Trustees
Mrs Geraldine Milligan
Mr Reg Bell
Mrs Joan Devlin
Mr Domnall Mccomish
Mr Michael Smyth
Mrs Margaret Mcveigh
Ms Mary Marr
Ms Eileen Brady
Ms Goretti Drummy
105007
Charity Registration Number
Principal Office
21 Dundrum Road
Newcastle
Co. Down
BT33 OBG
Independent Examiner
KPS Accountsnts Limited
50A Main Street
Newcastle
Co. Down
BT33 OAD
Page 1

Age Concern Network of Newcastle and District
Trustees. Report
The trustees present the annual report together with the financial statements of the charity for the year
ended 31 March 2025.
Trustees
Mrs Geraldine Milligan
Mr Reg Bell
Mrs Joan Devlin
Mr Domnall Mccomish
Mr Michael Smyth
Mrs Margaret Mcveigh
Ms Mary Marr
Ms Eileen Brady
Ms Goretti Drummy
Objectives and activities
Objects and aims
Age Concern Ne￿Ork of Newcastle and District is a charity established to relieve poverty, to advance
education and to promote the preservation and protection of health among older people and to promote
the benefit of older people in Newcastle and district.
Objectives, strategies and activities
Our core aims are to help improve the quality of life of older people in the Greater Newcastle are by
promoting their physical, emotional and social well being. We have continued to do this through our home
visits, laundry service, Thursday club, silver surfers, whist, craft classes, fitter feet, shopping trips, days
out and I￿0 holidays per year.
We also recruit and train older volunteers to enable them to become involved in the design, development
and delivery of services.
Fundraising has continued to play an important role and we have gained funds through our flag day, car
boot sale and raffles.
Achievements and performance
The statement of financial activities for the year ended 31st March 2025 shows a deficit of £7,702.
Total expenditure was £74,599 of which all was applied directly to the costs of activities in furtherance
of the objects of the charity.
The balance sheet shows net assets of £230,938 (2024.. £265,866} all unrestricted funds and includes
£344 represented by the equipment of the charity, which by its nature cannot be applied to the work
of the charity without disposing of the assets that these funds represent.
Page 2

Age Concern Network of Newcastle and District
Trustees. Report (continued)
Financial review
Policy on reserves
Newcastle Ne￿ork'S work is of a long term fixed nature to provide training, information, guidance and
support to existing and potential Newcastle Ne￿Ork schemes. A significant percentage of expenditure
relates to staffing costs.
Unrestricted reserves are needed..
1. to provide funds to maintain a level of seNice delivery in the event of unanticipated shortfalls in income.,
2. to provide funds which can be designated to projects at short notice in the event of a perceived need.,
3. to avoid the necessity of realising fixed assets held for charitable use-, and
4. to cover management, administration, fundraising and support costs without which the charity could not
function.
Reference and Administrative Details
Charity Registration Number..
105007
Principal Office..
21 Dundrum Road
Newcastle
Co. Down
BT33 OBG
Independent Examiner:
KPS Accountants Limited
50A Main Street
Newcastle
Co. Down
BT33 OAD
Structure, governance and management
Nature of goveming document
The charity is controlled by its governing document, a constitution, and constitutes an unincorporated
charity.
Recruitment and appointment of trustees
The Honorary officers and other members of the Executive Committee shall be chosen from the paid up
membership of the network and shall be only eligible for election upon nomination in writing, duly
proposed and seconded by members of the Nelwork, and being in the hands of the Secretary at 5east
seven clear days in advance of the relevant Annual General Meeting.
Page 3

Age Concern Network of Newcastle and District
Trustees. Report (continued)
Organisational structure
Newcastle Nelwork employs an experienced administration officer to oversee the day to operations of the
charity-
The committee consists the Honorary Officers, who shall be the Chairperson, Vice Chairperson, Honorary
Secretary and Honorary Treasurer and not less than five additional members or more than sixteen.
Relationships wlth related parties
Age Concern
The Ne￿Ork and its property and affairs are managed by an executive committee. The network and its
committees are at all times accountable to and comply with the directions of Northern Ireland Old
People's Welfare Council, which carries on its activities under the general title of 'Age Concern,.
The annual report was approved by the trustees of the charity on 30 September 2025 and signed on its
behalf by..
Mr Reg Bell
Trustee
Page 4

Age Concern Network of Newcastle and District
Independent Examiner's Report to the trustees of Age Concern Network of
Newcastle and District
I report to the trustees on my examination of the accounts of Age Concern Ne￿Ork of Newcastle and
District for the year ended 31 March 2025.
Responslbilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act (Northern Ireland) 2008.
It is my responsibility to:
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008.,
follow the procedures laid down in the general Directions given by the Charity Commission for Northem
Ireland under section 6519)(b) of the Charities Act; and
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 also includes consideration of any unusual items or disclosures
in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
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.
Page 5

Age Concern Network of Newcastle and District
Independent Examiner's Report to the trustees of Age Concern Network of
Newcastle and District (continued)
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above
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.
Nicole Toner
ACCA
KPS Accountants Limited
50A Main Street
Newcastle
Co. Down
BT33 OAD
30 September 2025
Page 6

Age Concern Network of Newcastle and District
Statement of Financial Activities for the Year Ended 31 March 2025
Unrestricted
funds
Total
2025
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
2,428
33,469
31,000
2,428
33,469
31,000
Total income
66,897
66,897
Expenditure on:
Charitable activities
other expenditure
{74,435)
164
{74,435)
(164
Total expenditure
Gainsllosses on investment assets
{74,599)
(27,226)
(74,599)
(27,226)
Net expenditure
{34,928
(34,928)
Net movement in funds
(34,928)
(34,928)
Reconciliation of funds
Total funds brought forward
265,866
265,866
Total funds carried forward
230,938
230,938
The notes on pages 9 to 13 form an integral part of these financial statements.
Page 7

Age Concern Network of Newcastle and District
(Registration number: 105007)
Balance Sheet as at 31 March 2025
2025
2024
Note
Fixed assets
Tangible assets
344
433
Current assets
Investments
Cash at bank and in hand
218,227
13,303
247,039
19,300
266,339
231,530
Creditors: Amounts falling due within one year
Net current assets
936)
906
230,594
265,433
Net assets
230,938
265,866
Funds of the charity:
Unrestricted 5ncome funds
Unrestricted funds
Revaluation reserve
Other reserves
(7,702)
(27,226)
265,866
(9,322)
110,405)
285,593
Total unrestricted funds
230,938
265,866
Total funds
230,938
265,866
The financial statements on pages 7 to 13 were approved by the trustees, and authorised for issue on 30
September 2025 and signed on their behalf by..
Y/?3L6
Mr Reg Bell
Trustee
The notes on pages 9 to 13 form an integral part of these financial statements.
Page 8

Age Concern Network of Newcastle and District
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Accounting policies
Basis of preparation
The financial statements of the charity, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) '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),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK
and Republic of Ireland, and the Charities Act (Northern Ireland) 2008. The financial statements have
been prepared under the historical cost convention.
Income and endowments
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing
the charity to that expenditure, 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 accounted for on an
accruals basis and has been classified under headings that aggregate all cost related to the category.
Where costs cannot be directly attributed to particular headings they have been allocated to activities on
a basis consistent with the use of reSoUr￿s.
Taxation
The charity is exempt from tax on its charitable activities.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Fixtures and fittings - 25.kn on cost
Current asset investments
Current asset investments are included at the lower of cost and net realisable value I market value.
Page 9

Age Concern Network of Newcastle and District
Notes to the Financial Ststements for the Year Ended 31 March 2025 (continued)
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 the does not have an unconditional
right, at the end of the reporting period, to defer settlement of the creditor for at least ￿e1ve months after
the reporting date. If there is an unconditional right to defer settlement for at least t￿e1ve months after the
reporting date, they are presented as non-current liabilities.
are recognised initially at the transaction price and subsequently measured at amortised cost using the
effective interest method.
Fund structure
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Penslons and other post retirement obligations
The charity operates a defined contribution pension scheme. Contributions payable to the charity's
pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2 Investment Income
Unrestricted
funds
General
Total
funds
Other investment income
31,000
31,000
Total for 2025
31,000
31,000
Total for 2024
20,000
20,000
Page 10

Age Concern Network of Newcastle and District
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
3 Other expenditure
Unrestricted
funds
General
Total
funds
Note
Depreciation, amortisation and other similar costs
164
164
Total for 2025
164
164
Total for 2024
565
565
4 Analysis of governance and support costs
Governance costs
Unrestrfcted
funds
General
Total
funds
Independent examiner fees
Examination of the financial statements
864
864
Total for 2025
864
864
Total for 2024
906
906
5 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity
during the year.
Trustees. expenses
During the year there were no expenses reimbursed to committee members.
Page11

Age Concern Network of Newcastle and District
Notes to the Financial Ststements for the Year Ended 31 March 2025 {continued)
6 Tanglble fixed assets
Furniture and
equipment
Total
Cost
At 1 April 2024
Additions
23,852
75
23,852
75
23,927
23,927
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
23,419
164
23,419
164
23,583
23,583
Net book value
At 31 March 2025
344
344
433
433
At 31 March 2024
7 Current asset investments
2025
2024
Shares in group undertakings and participating interests
218,227
247,039
8 Creditors: amounts falling due within one year
2025
2024
936
906
Accruals
Page 12

Age Concern Network of Newcastle and District
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
(continued)
Total
2025
Total
2024
Donations and legacies
Donations and fundraising
Subscriptions
833
1,595
2,385
1,698
2,428
4,083
Charltable activities
Activities
Donations
30,408
3,061
37,434
2,163
33,469
39,597
Investment income
Bank interest received
31,000
20,000
31,000
20,000
Charitable activities
Purchases
Rent
Travelling
Holidays
Advertising
Bank charges
Wages and salaries
Staff pensions
Light, heat and power
Insurance
Telephone and fax
Printing, postage and stationery
Sundry expenses
Independent examinerfs fee
(7,194)
(7,440)
{2,994)
(26,858)
(6,322>
(6,240)
(2,925)
(33,528)
(165)
{349)
(17,008)
(1,430)
(1,532)
{265)
(334)
{739)
(694)
(906)
(336)
(20,743)
11,430)
{2,711)
(266)
{1,370)
11,276)
(953)
(864)
74,435
72,437
Other expenditure
Depreciation of fixtures and fittings
164
(565)
565
164
This page does not form part of the statutory financial statements.
Page 16