2025-12-31-accounts - Dundee Age Concern

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Scottish Company Registration No. SC135672 Scottish Charity No. SC013975

Dundee Age Concern (A company limited by guarantee)

Directors’ Report and Financial Statements Year ended 31 December 2025

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Contents of the Financial Statements for the year ended 31 December 2025

	Page
Report of the Directors	1 – 5
Report of the Independent Examiner	6
Statement of Financial Activities	7
Statement of Financial Position	8
Notes to the Financial Statements	9 - 17

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Report of the Directors for the year ended 31 December 2025

The Directors (who are also Trustees for the purpose of Charity law) are pleased to present their report together with the financial statements of the company for the year to 31 December 2025.

Reference and administrative details

Principal and registered office Bankers Legal adviser Fiveways Centre Bank of Scotland Blackadders LLP 2-4 Caird Avenue Dundee City Branch 30 & 34 Reform Street Dundee PO Box 1000 Dundee DD3 8AW BX2 1LB DD1 1RJ

Status of Company and Governing Document

Dundee Age Concern (DAC) is a company limited by guarantee (Number SC135672) and is a registered Scottish Charity (Number SC013975), constituted under a Memorandum of Association. Care Inspectorate registration (Number CS2016352097).

Objectives and aims

The objects of the Company are to provide services to promote social inclusion, reduce social isolation and its associated risks to health and to subsequently enhance the quality of life for older people in Dundee who use our services.

Activities in place to further the objects of the Company

DAC is a local independent voluntary organisation whose focus is to help reduce social isolation and the associated health and well-being concerns that comes with it; as such we :

Provide a building-based adult day service which provides a safe, inclusive, and welcoming environment. The aim of which is to foster new friendships, realise client outcomes, improve mobility, improve mental well-being, support for people with dementia and somewhere to get busy living life.
Help support families through the provision of day respite; family members can take some time away from the constant demands associated with the support of loved ones living with dementia.
Work collaboratively with our clients, their family, carers, and other agencies to ensure continuity of support for all who attend Dundee Age Concern.
Engage with the Dundee Health and Social Care partnership, to support a best practice of service delivery, this is done in tandem with other agencies across the city.
Support others in the community such as education establishments and universities to promote a positive approach to working with older people.

Directors and Office Bearers

Shirley Walker Chairperson Cllr Fraser Macpherson – Resigned 10 April 2025 Margaret Carver – Appointed 08 April 2025 Resigned 03 June 2025 Shirley Jane Wishart –Resigned 10 April 2025 Margaret A. Geddes – Vice Chair Cllr George McIrvine – Appointed 21 August 2025 Marlene Roberts - Resigned 03 June 2025 Reappointed 18 November 2025

The overarching responsibility for the charity falls to the appointed Trustees/Directors who are elected and co-opted under the terms of the Articles of Association.

The day-to-day management of the charity is charged to the centre manager; this includes matters of H&S, staffing, finance, and policy arrangements.

Directors met regularly at the board of management meetings during the year ended 31 December 2025 to discuss many topics including seeking support from local council (referrals), the financial situation, fundraising, governance, planning and recruitment of new Trustees.

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Report of the Directors for the year ended 31 December 2025

Directors and office bearers (continued)

The day care team are supported by:

Manager, Michelle Bain
Fundraiser, Geoff Cosgrove
Administrator, E. Patterson.
Admin clerk & receptionist Darryl Johnson.

Appointment of Directors

Dundee Age Concern recognises the recruitment of new trustees needs to be a continual process. The benefit of new ideas and perspectives that come with new appointments will provide synergy, prevent stagnation of innovation, and support good governance. For this to be effective, it is vital that the DAC recruitment plan encourages a diversity of skill sets which support the charity to realise its aims and outcomes. An audit of skill sets is undertaken yearly with the trustees on the board. A review of the overall activities and governance arrangements for Dundee Age Concern and of all governance and trustee processes has continued.

The Trustee Induction Pack and role description including the role descriptor for new trustees (OSCR) is used for recruitment and retention of Trustees.

Achievements and performance

We believe our clients deserve to enjoy life to the fullest and to that end would just like to thank everyone associated with Dundee Age Concern for helping us make the difference to the lives of some very special people.

Dundee Age Concern maintain a safe and welcoming environment, providing clients with a valuable program and a diverse range of daily activities. Dundee Age Concern staff and volunteers are committed to this.

We would like to thank the many Charitable Trusts, Foundations for their donations and grants that help us to continue to provide a service. We welcomed the grants to enable us to purchase and upgrade our IT equipment. 2025 has presented greater financial challenges than 2024 due to ongoing cost increases. The optimism has continued

The continuing escalation of prices is affecting all our purchases with the cost of energy and food having the greater impact upon our resources.
The availability of funding. The increased demands from local, national and international causes will likely affect us to some degree.

The role of Dundee Age Concern has evolved to meet the needs of the city of Dundee and for the foreseeable future dealing with social isolation and loneliness will play a bigger part in our events and activities. General research has found that people with some form of dementia can find that by participating in activities can trigger positive feelings and so have a positive impact on people’s mental abilities too improving:

Attention and concentration
Cognition (thinking)
Memory
Speech and non-verbal communication skills

All of these processes can be impaired by dementia and all forms of activities, particularly music related, can be extremely beneficial for people with the diagnosis.

Capital Projects started during 2025.

External Funding for the ‘Rock n Roll’ café was awarded in January 2023. Our clients suggested this project to provide a meeting facility for them to reminisce and talk about various topics. This is intended to promote inclusion, self-worth, a sense of belonging and purpose. Rock & Roll Café was completed and the client enjoyed using it.

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Report of the Directors for the year ended 31 December 2025

Activities which have been held within the centre include:

Lunch provision
Live music and dancing
Line dancing and keep fit
Table games such as dominoes, quizzes etc
Table activities such as art, crafting etc
Baking
One off events such as Summer and Christmas fayres, burns supper, St Patrick’s day, Halloween Party etc
Within the centre there is a hairdresser and a beauty therapist. We also have a small pool table
The centre is surrounded by landscaped areas that offer different types of environments for our clients to enjoy such as seating at strategic points, fruit trees, a pathway network including a wildlife walk, patio area etc. Clients can also become involved with planting and general gardening

External Activities consisted of:

Visits to V & A, verdant works and McManus galleries
Visit to Blair Drummond Safari Park (Stirling), Camperdown Wildlife Park
Pantomime visit at The Rep
Visit to Dundee Contemporary Arts
Multiple café and restaurant visits with different client groups
Bowling

Staffing

The staffing levels have been a source of close scrutiny. With client numbers still less than pre pandemic, in October 2024, 4 staff agreed to reduce hours from 30 to 24 per week. We are mindful of the ability to deliver a first-rate service to our clients, while monitoring any unnecessary expenditure on staffing costs.

Training

Staff are currently undertaking medication training. 1 staff member has completed. 3 others in the process of First Aid annual refresher training – F1 training

First aid fire appliance training – Stewart Ramsay

All staff continue to participate in Bright HR online training.

Health and Safety Awareness
Risk Assessments
Manual handling awareness
Health and Safety responsibilities
Hazardous substances
Fire safety awareness
Food safety awareness
First aid awareness
Infection prevention and control
Moving and handling
Working in a person-centred way
Awareness of mental health, dementia and learning disability
Handling violence and aggression
Safeguarding adults’ awareness
Fluids and nutrition
Work equipment awareness
Fire extinguisher use
Environmental awareness for employees

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Report of the Directors for the year ended 31 December 2025

Training (cont’d)

Display screen equipment
Equality, diversity and inclusion

The introduction of the HR software means we now have all staff records, holidays and training in one central place. This portal also allows the manager to access any HR queries as and when required, ensuring the latest legislation updates. Staff also have the ability to clock in and out of work.

Volunteers

The long-standing association with volunteers supporting the delivery of our service thankfully continues. We currently have 4 volunteers supporting the centre, all bring different skills and life experience which enriches the offering to our clients.

DAC recognise and express sincere thanks to our volunteers who have given of their time generously, with their artistic and amazing skills, laughter and pleasant atmosphere to the lives of many every day and some who have moved on to other interests/jobs.

Service information

Dundee Age Concern is registered with the Care Inspectorate as a support service and works in collaboration with the Dundee Health and Social Care Partnership.

DAC implemented new client support plans at the end of 2022 ensuring we capture individual’s abilities, outcome and support needs while attending the centre. Staff have the ability to complete these daily and these will be uploaded and stored online quarterly, making the archiving of records more effective in the future. The Manager then audits these monthly making any relevant changes which helps us to identify if we are meeting client outcomes.

Setting client charges against the cost-of- service delivery remains an emotive discussion amongst the trustees. Our focus remains the best value for money product, which meets the client’s needs and remains within their budget.

Fundraising

The trustees are always aware of the need to increase the focus on fundraising for the charity. The competition for monies across the sector is even greater than before.

The 2025 community fundraising programme included Summer and Christmas Fayre in the centre and at external venues, two Bingo nights and a 200 Club draw. DAC undertake Community Fund Raising which is generally to attract funding for Centre activities and is carried out by the trustees, staff and volunteers.

The fundraiser continues to apply to Charitable Trusts and DAC are most grateful to those who have given so generously towards our Core costs and for specific projects and to those who continue to support us year on year.

Our use of social media platforms and our website provide a source of information and current events for our clients, family, carers and wider public. Further to this we utilise local news outlets to promote the service and its purpose.

Staff costs are the organisations largest outgoing; this will continue to increase annually due to current legislation regarding pensions and wages. The organisation’s Finance policy document (2021) informs the staff and trustees on the overall accountability in all aspects of financial management and governance.

Working together for Dundee Age Concern, the Board of Trustees, Manager and Administrator share the overall aim of securing the role of Dundee Age Concern as an important and valued provider of Day Centre services in Dundee for the foreseeable future.

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Report of the Directors for the year ended 31 December 2025

Financial review

Results for the year

The financial statements for the year are set out in pages 7 to 17. The Statement of Financial Activities on page 7 reflects net outgoing resources of £23,539 (2024: net outgoing of £31,286). There was a deficit of £38,092 (2024: deficit of £26,467) on the unrestricted general fund, a deficit of £9,328 (2024: deficit of £6,571) on unrestricted designated funds and a surplus of £23,881 (2024: surplus of £1,752) on restricted funds. The NHS Tayside Community had a deficit of £35 as a result of the 2nd half of the agreed award not being received until 23 March 2026. Total funds amounted to £320,424 (2024: £343,963).

Reserves

It is the policy of the charity to maintain unrestricted funds at a level which equates to approximately six months unrestricted expenditure. This allows sufficient funds to enable the ongoing work of the charity to be maintained. The trustees are aware the reserves policy isn't met at 31 December 2025 and will be working on reducing costs and increasing income in the coming year to increase reserves. The bank account contains cash (is held for Reserves) – Shawbrook Bank (CAF) - £65,000.

Structure, Governance and Management

The Directors have a duty to identify and review the risks to which the Company is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Directors have considered risks to which the Company may be subject and will introduce procedures to mitigate the possible effects of those risks. Guidance from bodies such as OSCR and the Care Inspectorate are used to inform our policy and practice.

Statement of Directors’ responsibilities

Charity law requires the Directors to prepare financial statements for each financial year which give a true and fair view of the state of the Company’s affairs and of its incoming resources and application of resources, including its surplus or deficit for that year, and which have been properly prepared from and are in agreement with the accounting records of the Company and comply with relevant disclosure requirements.

In preparing those financial statements, the Directors are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the Company’s financial position and enable the Directors to ensure that the financial statements comply with the Companies Act 2006. The Directors are also responsible for taking such steps as are reasonably open to them to safeguard the Company’s assets and to prevent and detect fraud and other irregularities.

The Director’s report has been prepared having taken advantage of the small companies’ exemption in the Companies Act 2006.

20.07.2026

Approved by the Directors on ………………… and signed on its behalf by:

Shirley Walker Chairperson

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Report of the Independent Examiner to the Trustees for the year ended 31 December 2025

I report on the accounts of the company for the year ended 31 December 2025 which are set out on pages 7 to 17.

Respective responsibilities of Trustees and examiner

The Charity’s Trustees (who are also the Directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations (as amended). An examination includes a review of the accounting records kept by the Company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the Directors concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In the course of my examination, no matter has come to my attention

which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), and
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended)

have not been met, or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Jonathan N Innes FCCA Managing Director

Innes & Partners Limited Chartered Certified Accountants

20.07.2026 Date: …………….

Innes House 18 Shairps Business Park Houstoun Road Livingston EH54 5FD

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Dundee Age Concern

Statement of Financial Activities (incorporating Income and Expenditure account) For the year ended 31 December 2025

General fund £ 94,759 123,346 3,118 9,581	Designated funds £ - - - -	Restricted funds £ 28,750 - - -	2025 Total £ 123,509 123,346 3,118 9,581	General fund £ 74,716 136,858 3,351 11,631	Designated funds £ - - - -	Restricted funds £ 11,600 - - -	2024 Total £ 86,316 136,858 3,351 11,631
230,804	-	28,750	259,554	226,556	-	11,600	238,156
241,396	9,328	32,369	283,093	252,744	9,509	7,189	269,442
241,396	9,328	32,369	283,093	252,744	9,509	7,189	269,442
(10,592) -	(9,328) -	(3,619) -	(23,539) -	(26,188) (279)	(9,509) 2,938	4,411 (2,659)	(31,286) -
(10,592)	(9,328)	(3,619)	(23,539)	(26,467)	(6,571)	1,752	(31,286)
(10,592) 112,475	(9,328) 220,169	(3,619) 11,319	(23,539) 343,963	(26,467) 138,942	(6,571) 226,740	1,752 9,567	(31,286) 375,249
101,883	210,841	7,700	320,424	112,475	220,169	11,319	343,963
101,883 -	- 210,841	- - 7,700	101,883 210,841 7,700	112,475 - -	- 220,169 -	- - 11,319	112,475 220,169 11,319
101,883	210,841	7,700	320,424	112,475	220,169	11,319	343,963

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(Registered No: SC135672)

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Statement of Financial Position as at 31 December 2025

General Designated Restricted 2025 2024 fund funds funds Total Total Fixed assets Notes £ £ £ £ £ Tangible assets 13 - 210,841 - 210,841 220,169 Total fixed assets - 210,841 - 210,841 220,169 Current assets Debtors 15 1,165 - - 1,165 1,372 Cash at bank and in hand 107,936 - 7,700 115,636 129,227 Total current assets 109,101 - 7,700 116,801 130,599 Liabilities Creditors: falling due within one year 16 7,218 - - 7,218 6,805 During the year the company received no Governme 101,883 - 7,700 109,583 123,794 Net assets 101,883 210,841 7,700 320,424 343,963 The funds of the Charity General fund 17 101,883 - - 101,883 112,475 Designated funds 17 - 210,841 - 210,841 220,169 Restricted funds 18 - - 7,700 7,700 11,319 Total Charity funds 101,883 210,841 7,700 320,424 343,963	General Designated Restricted 2025 2024 fund funds funds Total Total Fixed assets Notes £ £ £ £ £ Tangible assets 13 - 210,841 - 210,841 220,169 Total fixed assets - 210,841 - 210,841 220,169 Current assets Debtors 15 1,165 - - 1,165 1,372 Cash at bank and in hand 107,936 - 7,700 115,636 129,227 Total current assets 109,101 - 7,700 116,801 130,599 Liabilities Creditors: falling due within one year 16 7,218 - - 7,218 6,805 During the year the company received no Governme 101,883 - 7,700 109,583 123,794 Net assets 101,883 210,841 7,700 320,424 343,963 The funds of the Charity General fund 17 101,883 - - 101,883 112,475 Designated funds 17 - 210,841 - 210,841 220,169 Restricted funds 18 - - 7,700 7,700 11,319 Total Charity funds 101,883 210,841 7,700 320,424 343,963	General Designated Restricted 2025 2024 fund funds funds Total Total Fixed assets Notes £ £ £ £ £ Tangible assets 13 - 210,841 - 210,841 220,169 Total fixed assets - 210,841 - 210,841 220,169 Current assets Debtors 15 1,165 - - 1,165 1,372 Cash at bank and in hand 107,936 - 7,700 115,636 129,227 Total current assets 109,101 - 7,700 116,801 130,599 Liabilities Creditors: falling due within one year 16 7,218 - - 7,218 6,805 During the year the company received no Governme 101,883 - 7,700 109,583 123,794 Net assets 101,883 210,841 7,700 320,424 343,963 The funds of the Charity General fund 17 101,883 - - 101,883 112,475 Designated funds 17 - 210,841 - 210,841 220,169 Restricted funds 18 - - 7,700 7,700 11,319 Total Charity funds 101,883 210,841 7,700 320,424 343,963	General Designated Restricted 2025 2024 fund funds funds Total Total Fixed assets Notes £ £ £ £ £ Tangible assets 13 - 210,841 - 210,841 220,169 Total fixed assets - 210,841 - 210,841 220,169 Current assets Debtors 15 1,165 - - 1,165 1,372 Cash at bank and in hand 107,936 - 7,700 115,636 129,227 Total current assets 109,101 - 7,700 116,801 130,599 Liabilities Creditors: falling due within one year 16 7,218 - - 7,218 6,805 During the year the company received no Governme 101,883 - 7,700 109,583 123,794 Net assets 101,883 210,841 7,700 320,424 343,963 The funds of the Charity General fund 17 101,883 - - 101,883 112,475 Designated funds 17 - 210,841 - 210,841 220,169 Restricted funds 18 - - 7,700 7,700 11,319 Total Charity funds 101,883 210,841 7,700 320,424 343,963	General Designated Restricted 2025 2024 fund funds funds Total Total Fixed assets Notes £ £ £ £ £ Tangible assets 13 - 210,841 - 210,841 220,169 Total fixed assets - 210,841 - 210,841 220,169 Current assets Debtors 15 1,165 - - 1,165 1,372 Cash at bank and in hand 107,936 - 7,700 115,636 129,227 Total current assets 109,101 - 7,700 116,801 130,599 Liabilities Creditors: falling due within one year 16 7,218 - - 7,218 6,805 During the year the company received no Governme 101,883 - 7,700 109,583 123,794 Net assets 101,883 210,841 7,700 320,424 343,963 The funds of the Charity General fund 17 101,883 - - 101,883 112,475 Designated funds 17 - 210,841 - 210,841 220,169 Restricted funds 18 - - 7,700 7,700 11,319 Total Charity funds 101,883 210,841 7,700 320,424 343,963
101,883	210,841	7,700	320,424	343,963
101,883 - -	- 210,841 -	- - 7,700	101,883 210,841 7,700	112,475 220,169 11,319
101,883	210,841	7,700	320,424	343,963

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of the accounts.

These financial statements have been prepared in accordance with the Charities SORP 2019 (FRS 102) and the provisions applicable to companies subject to the small companies' regime.

20.07.2026

The financial statements on pages 7 to 17 were approved by the Directors on …………………… and signed on their behalf by:

……………………………….. Shirley Walker (Chairperson)

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Notes to financial statements for the year ended 31 December 2025

1. Accounting policies

Accounting convention

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

The accounts are prepared on a going concern basis as the Directors consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

The financial statements are prepared under the historical cost convention modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 as published on 2 February 2016 and does not prepare a Statement of Cash Flows.

Company status

The company is a company limited by guarantee. The members of the company are Directors named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

Basis of financial statements

The financial statements have been prepared on an accruals basis.

Statement of Financial Activities

For the purpose of the Statement of Financial Activities as shown on page 7, funds are defined as follows:

Unrestricted funds comprise income received for the objects of the company without further specified purpose and are available as general funds or are placed with designated funds which can be used for purposes in agreement with its charitable objectives.

Designated funds comprise those funds which the Trustees have designated for specific purposes.

Restricted funds comprise income which has been received for the objects of the company and specified for a restricted purpose within these objects by the donor.

Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

No amount is included in the financial statements for volunteer time in line with the SORP. Further details are given in the Directors’ Annual Report.

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Notes to financial statements for the year ended 31 December 2025

Income recognition (cont’d)

For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed.

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs. Including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity.

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 settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

Liabilities are measured on recognition at historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. The exception is that certain financial instruments must be adjusted to their present value; these include financial liabilities where settlement is deferred for more than 12 months after the reporting date.

Charitable Activities

The expenditure on charitable activities includes grants made, governance costs and support costs as shown in the notes.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Governance costs

Governance costs (which are included as a component of support costs in accordance with SORP) comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include those related to constitutional and statutory requirements, external scrutiny (audit or independent examination), strategic management, and other legal and professional fees.

Tangible fixed assets and depreciation

Tangible fixed assets over £250 are capitalised and are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold property
Equipment
Furniture and fixtures
2% straight line 10% straight line 10% straight line

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Notes to financial statements for the year ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Taxation

The Company is exempt from Corporation Tax on its charitable activities.

Financial instruments

Financial instruments are recognised in the charity’s balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market value rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, which include creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Derecognition of financial labilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrable committed to terminate the employment of an employee or to provide termination benefits.

Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amount payable by the company to the fund in respect of the year.

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Dundee Age Concern

Notes to the financial statements for the year ended 31 December 2025

General fund £ 27,500 - - - 15,000 2,000 3,000 200 - 2,500 1,200 2,000 - - 5,000 - - 1,000 20,000 3,000 2,500 2,000 5,000 2,859	Designated funds £ - - - - - - - - - - - - - - - - - - - - - - - -	Restricted funds £ 7,500 15,000 6,250 - - - - - - - - - - - - - - - - - - - -	2025 Total £ 27,500 7,500 15,000 6,250 15,000 2,000 3,000 200 - 2,500 1,200 2,000 - - 5,000 - - 1,000 20,000 3,000 2,500 2,000 5,000 2,859	General fund £ 20,000 - - - 15,000 2,000 - - 2,000 - 1,700 1,000 10,000 2,000 10,000 5,000 2,000 - - - - - - 2,816	Designated funds £ - - - - - - - - - - - - - - - - - - - - - - - -	Restricted funds £ - - - 11,600 - - - - - - - - - - - - - - - - - - - -	2024 Total £ 20,000 - - 11,600 15,000 2,000 - - 2,000 - 1,700 1,000 10,000 2,000 10,000 5,000 2,000 - - - - - - 2,816
94,759	-	28,750	123,509	74,716	-	11,600	86,316
General fund £ 123,346	Designated funds £ -	Restricted funds £ -	2025 Total £ 123,346	General fund £ 136,858	Designated funds £ -	Restricted funds £ -	2024 Total £ 136,858
123,346	-	-	123,346	136,858	-	-	136,858
General fund £ 3,118	Designated funds £ -	Restricted funds £ -	2025 Total £ 3,118	General fund £ 3,351	Designated funds £ -	Restricted funds £ -	2024 Total £ 3,351
3,118	-	-	3,118	3,351	-	-	3,351
~~,~~ General fund £ 8,690 - 891	Designated funds £ - - -	Restricted funds £ - - -	~~,~~ 2025 Total £ 8,690 - 891	~~,~~ General fund £ 9,280 1,024 1,327	Designated funds £ - - -	Restricted funds £ - - -	2024 Total £ 9,280 1,024 1,327
9,581	-	-	9,581	11,631	-	-	11,631

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Dundee Age Concern

Notes to the financial statements for the year ended 31 December 2025

Direct costs £ 55,548 -	Support costs £ - 34,573	2025 Total £ 248,520 34,573	Staff costs £ 174,661 -	Direct costs £ 54,362 -	Support costs £ - 40,419	2024 Total £ 229,023 40,419
55,548	34,573	283,093	174,661	54,362	40,419	269,442
(Note 9) 35,236	(Note 10) 23,346	241,396	174,661	50,450	27,633	252,744
-	9,328	9,328	-	-	9,509	9,509
20,312	1,899	32,369	-	3,912	3,277	7,189
Designated £ - - -	Restricted £ 10,158 - -	2025 £ 186,429 3,627 2,916	General £ 166,760 5,665 2,236	Designated £ - - -	Restricted £ - - -	2024 £ 166,760 5,665 2,236
-	10,158	192,972	174,661	-	-	174,661

The average number of employees during the year was 13, of which 8 were employed at the Centre, 4 for Administration and 1 for Cleaning (2024: 13, 8 Centre, 4 Administration and 1 for Cleaning). There are no employees paid more than £60,000.

8. Directors' remuneration and expenses

No Director received remuneration or any expenses from the charity (2024: nil).

9. Direct costs Provisions and lunches Repairs, maintenance and cleaning Heat and light Entertainment and activities Rates Telephone and internet Volunteer expenses Travel and transport Sundry expenses Irrecoverable VAT	General Designated fund funds £ £ 11,500 - 1,697 - 7,274 - 370 - 4,955 - 1,470 - 10 - 430 - 3,550 - 3980 - 35,236 -	General Designated fund funds £ £ 11,500 - 1,697 - 7,274 - 370 - 4,955 - 1,470 - 10 - 430 - 3,550 - 3980 - 35,236 -	Restricted funds £ 4,848 2,396 3,632 8,944 - - - 493 - -	2025 Total £ 16,348 4,093 10,906 9,314 4,955 1,470 10 923 3,550 3,980	General fund £ 17,344 730 10,636 6,050 5,608 1,269 182 600 3,342 4,689	Designated funds £ - - - - - - - - - -	Restricted 2024 funds Total £ £ - 17,344 - 730 850 11,486 3,050 9,100 - 5,608 - 1,269 - 182 12 612 - 3,342 - 4,689 3,912 54,362
		-	20,312	55,548	50,450	-

10. Support costs Depreciation Gain/loss on disposal assets Repairs and maintenance Insurance Independent Examiner's remuneration Printing, stationery and postage Training costs Legal and professional fees Sundry expenses	General Designated fund funds £ £ - 9,328 - - 5,878 - 5,746 - 2,235 - 1,284 - 317 - 4,193 - 3,693 - 23,346 9,328	General Designated fund funds £ £ - 9,328 - - 5,878 - 5,746 - 2,235 - 1,284 - 317 - 4,193 - 3,693 - 23,346 9,328	Restricted funds £ - - - - 1,467 432 - -	2025 Total £ 9,328 - 5,878 5,746 2,235 2,751 749 4,193 3,693	General fund £ - - 8,461 6,075 2,556 1,470 1,010 3,983 4,078	Designated funds £ 9,328 181 - - - - - - -	Restricted 2024 funds Total £ £ - 9,328 - 181 3,092 11,553 - 6,075 - 2,556 155 1,625 - 1,010 - 3,983 30 4,108 3,277 40,419
		9,328	1,899	34,573	27,633	9,509

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Dundee A e Concern g

Notes to the financial statements for the year ended 31 December 2025

11. Taxation

No liability to UK Corporation Tax arises in the light of the company's charitable status.

12. Members

There were 54 (2024: 65) members at 31 December 2025.

13. Tangible fixed assets

Leasehold property £ 402,602	Equipment £ 33,012	Fixtures & fittings £ 24,093	Total £ 459,707
402,602	33,012	24,093	459,707
190,394 8,052 198,446	28,491 822 29,313	20,653 454 21,107	239,538 9,328 248,866
204,156	3,699	2,986	210,841
212,208	4,521	3,440	220,169

The land is owned by Dundee City Council and leased to the charity until 2050.

Leasehold property £ 402,602 - -	Equipment £ 30,596 2,938 (522)	Fixtures & fittings £ 24,093 -	Total £ 457,291 2,938 (522)
402,602	33,012	24,093	459,707
182,342 8,052	28,010 822 (341)	20,199 454	230,551 9,328 (341)
190,394			239,538
212,208	4,521	3,440	220,169
220,260	2,586	3,894	226,740

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Dundee Age Concern

Notes to the financial statements for the year ended 31 December 2025

14. Analysis of Net Assets Among Funds


Analysis of Net Assets Among Funds Fixed Assets Current Assets Current Liabilities Net Assets as at 31 December 2025 Fixed Assets Current Assets Current Liabilities Net Assets as at 31 December 2024	General fund £ - 109,101 (7,218)	Designated funds £ 210,841 - -	Restricted Funds £ - 7,700 -	Total Funds 2025 £ 210,841 116,801 (7,218)
	101,883	210,841	7,700	320,424
	General fund £ - 119,280 (6,805)	Designated funds £ 220,169 - -	Restricted Funds £ - 11,319 -	Total Funds 2024 £ 220,169 130,599 (6,805)
	112,475	220,169	11,319	343,963

15. Debtors: amounts falling due within one year

Other debtors Other taxation	General fund £ 400 765	Designated funds £ - -	Restricted funds £ - -	2025 Total £ 400 765	General fund £ 700 672	Designated funds £ - -	Restricted 2024 funds Total £ £ - 700 - 672 - 1,372
	1,165	-	-	1,165	1,372	-

16. Creditors: amounts falling due within one year

General fund £ 1,070 2,734 3,414	Designated funds £ - - -	Restricted funds £ - - -	2025 Total £ 1,070 2,734 3,414	General fund £ 1,986 3,157 1,662	Designated funds £ - - -	Restricted funds £ - - -	2024 Total £ 1,986 3,157 1,662
7,218	-	-	7,218	6,805	-	-	6,805
			Balance at 01.01.25 £ 112,475 220,169			Transfers £ - -	Balance at 31.12.25 £ 101,883 210,841
			332,644	230,804	(250,724)	-	312,724
			Balance at 01.01.24 £ 138,942 226,740			Transfers £ (279) 2,938	Balance at 31.12.24 112,475 220,169
			365,682	226,556	(262,253)	2,659	332,644

17. Unrestricted funds

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Dundee A e Concern g

Notes to the financial statements for the year ended 31 December 2025

18. Restricted funds Balance at 01.01.25 £ HSBC Projects - Rock and Roll Café 25 Tesco 50 Leng Charitable Trust 2,126 Older People Engaging Needs - Scotmid 92 St Katharine's 8 B&Q - The Neighbourly Foundation 2,318 Charles Hayward Foundation 3,950 Wm Sword Charitable Trust 2,750 Garfield Weston Foundation - Dundee Sick Nursing Society - NHS Community - Common Good - Total restricted funds 11,319 Restricted funds Balance at 01.01.24 £ HSBC Projects - Rock and Roll Café 112 Harold Adams Charitable Trust 12 Aberbrothock Skea Trust (Thorntons) 3,000 Tesco 50 Nine Trades 1,500 Leng Charitable Trust - Scotmid 92 St Katharine's 8 B&Q - The Neighbourly Foundation 4,793 Charles Hayward Foundation Wm Sword Charitable Trust - Total restricted funds 9,567	Income £ - - 2,000 750 - - - - - 15,000 - 7,500 3,500	Expenditure £ - - (1,467) (750) - - (2,396) (3,950) (2,650) (10,121) - (7,535) (3,500)	Transfers £ - - - - - - 78 - - (78) - - -	Balance at 31.12.25 £ 25 50 2,659 - 92 8 - - 100 4,801 - (35) -
11,319	28,750	(32,369)	-	7,700
	Income £ - - - - - 3,600 - - - 4,000 4,000	Expenditure £ (87) (12) (3,000) - (44) (271) - - (2,475) (50) (1,250)	Transfers £ - - - - (1,456) (1,203) - - - - -	Balance at 31.12.24 £ 25 - - 50 - 2,126 92 8 2,318 3,950 2,750
9,567	11,600	(7,189)	(2,659)	11,319

The Leng Charitable Trust fund represents funding award for IT system.

The Older People Engaging Needs fund represents support for the music and entertainment programme.

The HSBC Projects - Rock and Roll Café fund represents funding to transform one of the rooms into a Rock and Roll themed Café.

The Harold Adams Charitable Trust fund represents income for support of transport services.

The Aberbrothock Skea Charitable Trust represents funding for musical entertainment. The Tesco (Groundwork UK) fund represents support for the music and entertainment programme.

The Nine Trades fund represents funding towarsd the purchase of new it equipment.

The Older People Engaging Needs fund represents donations received for musical entertainment.

The Scotmid Community Orchard fund represents funding towards the purchase of new fruit trees within the grounds. The St Katharine's fund represents donations received for core costs.

The Neighbourly Foundation - B&Q fund represents funding towards external improvements.

The Charles Hayward Foundation fund represents funding award for musical therapy. The Wm Sword Charitable Trust fund represents funding for energy, provisions. The Bank of Scotland fund represents contributions towards the cost of outings.

The Common Good fund represents support for the music and entertainment programme.

The NHS Community fund represents grant income for a whin dust pathway.

The Garfield Weston Foundation Grant represents support for operating and core cost.

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Dundee A e Concern g

Notes to the financial statements for the year ended 31 December 2025

19. Pension commitments

The company operates a defined contribution pension scheme. During the year, there was 8 members of the scheme (2024: 8 members) and company contributions totalled £2,916 (2024: £2,236).

20. Related party transactions

There were no transactions with related parties during the year (2024: nil).

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