Registered number- SC181705
Charity number: SC022539
AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limited by Guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limlted by Guarantee)
CONTENTS
Page
Reference and Admlnlstrative Detsils of the Charity. Its TThstees and Advisers
Trustees. Report
Independent Examlnerfs Report
3ts1¥iiieiil vf Pliidti¢ldl AL'ilvl(le¥
Balance Sheat
Notss to the Financial Statements
9-22

AGE CONCERN EASTWOOD DEMENTIA PROJECT
IA Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2026
Trustees
J Gray
A Holland
F E Thomson
R Wilson (Resuned 3 Febtuary 2026)
L Lawson
C Wallis
B Mauie IReswJned 6 May 20251
Company registered
number
SC181705
Charity registered
number
SC022539
Registered offlce
No 3 Cottage
Eastwood Pa
Gifthock
Glasgow
G467JS
Company secretary
F E Thomson
Accountants
Armstrong Watson LLP
Caledonia House
89 Seaward Street
Glasgow
G41 1HJ
Page 1

AGE CONCERN EASTWOOD DEMENTIA PROJECT
IA Company Limlted by Guardnteel
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2026
The Trustees present their annual repcfft logether with the financial statemetts of the Charty for the year 1 April
2025 to 31 March 2026. The Annual Report serves the purposes of both a Tnjstees. report and a directors,
report under ¢ompany law. The Trustees COnfi￿n that the Annual Report and financial statements of the
charitable company comply wrth the CUTrerFt statutory requirements. the requirements of the charitable
compan￿$ governing document and the prowsions of the Stslement of Recommended Practice ISORP}
applicable to charrties preparing their accounts in accordance with the Financial Reporting Stsndard applicable
in the UK and Republic of Ireland (FRS1021 (effective 1 January 2019).
Since the Charity qualrfies as smal under section 382 of the c￿npanIeS Act 2006. the Strategic Report required
of medium and large companies under the C(ynpanies Act 20L% IStrategi¢ Report and Directors, Report)
Regulations 2013 has been omitted.
Objectives and activltie5
. Policies and objectives
Our only objective as a local independent dementia selvits prowder, is lo offer the highest quality of care lo
people living with dementia and their carers throughout the East RerrfrewShI￿ localty. Our focus is to ensure
that people'5 needs and wishes are addressed efficiently and professionalty, and are treated wf(h respect and
dignty at all limes. Our staff continue lo receive all relevant training in Order to enhance their kni)wledge and
skills, which enables them to offer our clients and carers the care they need. We continue to target all available
resources lo provide our seryices which inclu¢Je 9Tants. donatsons as well as local govemment ftjnding.
Achievements and perfomianco
. Main achlevements of the Charity
Over the last two decades. we have continualty engaged with other exiemal agencies provlding se1vi￿S lo
people Iwing with dementia to ensure that M￿MuM standards are maintained. By utilising skills from health
and social care and the IrKal communty, we have together promded collaborative working in each individual's
package of care. Linking in this way has allowed us to identrfy potential problems and address concerns before
crises occur. This inteNention, along partner agencies has enable(I many people to safety remain in their
own home for as long as possible.
Financlal review
a. Financial revlew
The Statement of Financial Actiwties shows a deficrt of £43,54912025- £16,354 defiull.
b. Reserves policy
The ￿Ve1 of reseNes held as at 31 March 2026 amounted to £503.34212025 - £546,891). The Iruslees believe
that this level of reserves provides an acceptsble capital base from which the charity can operate.
c. Principal fundlng sources
The principal grant funding for the chaTrty is East Renfrwhire c￿nCil. Other income Sour￿ received by the
charty are donations and day care income.
Page 2

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Llmited by Guarnntoe)
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2026
d. Golng ¢oncern
After making appropriate enquiries, the Trustees have a reasonable expectsbon that the Chanty has adequate
resouTces to continue in operational existence foT the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial st*ements. Further details regarding the adoption of the
going concem basis can be found in the accounting policies.
e. Future plans
The charitys ptans for fLrture years are to continLte to provide the highest quoljty of care and support to clients
and carers and to increase the Servi￿ (( prowdes.
Structure• govemance and management
. Constitutlon
Age Concem Eastwood Dementia Prqect is regiSte￿d as a charttable company limsted by guarantee and a
recognised Scottish charty. 11 is govemed by and in accordance wth rts memorandum and articles of
association. The company was incorporated on 22 December 1997.
b. Methods of appolntment or election of Trustees
The Iruslees are appointed by way of personal approach to specrfic indiwduals. The trustees of the chaTty are
familiar wth the work of the charity. the induGtion and training ol new trustees is carried out by existing trustees
of the charity.
Statement of Trustees. rtsponsibilities
The Trustees (who are also the directors of the Charity for Ihe purposes of company lawl are responsible for
preparing the Trustees. Report and the financial stslement5 in accordan￿ wth applicable law and United
Kingdom Accounting Stsndards (United Kingd(￿ Generalty Accepted Acccwnting Practice).
Company law requires the TTU5tees to prepare financial statements for each financial year. Under ccffipany law.
the Trustees must not approve the financial statements unless they are satisfied that they give a ITue and fair
ew of the state of affairs of the Charity and of its incoming resources and application of resources. including its
income and expendrture. for tha period. In P￿paring these financial statements. the Trustees are required lo".
select suitable accounting pdicies and then app￿ them consistenty.
observe the methods and principles of the Chanties SORP IFRS 102}-
make judgments and accounting estimates that are reasonable and prudent,.
slate whelher applicable UK Accounting Stsndards (FRS 1021 have been followed, subject to any
material departures disclosed and explained in the financial statements".
prepare the financial statements on the going con￿rn basis unless rt is inappropriate to Presume that the
Charty will continue in business.
Page 3

AGE CONCERN EASTWOOD DEMENTIA PROJECT
{A Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2026
St*emgnt of Trnstees. rosponslbilities {copifiNUEDI
The Tnjstees are responsible for keeping adeqvate accounting records that are sufficienl to show and explain
the Charitys transactions and disck)se ￿th reasonable accuracy al any lime the financial position of the Charty
and enable them lo ensure that the financial statements comply vthh the Companies Act 20[￿, the Charrties and
Trustee Investment (Scotlandl Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
They are also responsible for safeguarding the assets of the Chanty and hence for taking reasonable steps for
the prevention and detection of tral￿ and other irreguLarities.
Approved by order ofthe members of the board of Trustees on 28 May 2026 and signed on their behaw by.
Thomson
rruslee}
Page 4

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2026
Independent Examinerfs Report to the Trustees of Agg Concem Eastwood Dementia Project
I report on the accounts of the charty for the ended 31 March 2026 which are set out on pages 6 10 22.
Respective Responsibilities of Trustees and Examiner
The Iruslees, who are also directors of the company for the purposes of company law, are responsible for the
preparation of the financial statements in accordance wth the terms of the Charities and Trustee Investment
{Scollandl Act 2005 Ilhe Act'} and the Charities Accounts IScotlan¢Y} Regulation 2006 I'lhe Accounts
Regulalions')- The Iruslees consider that the audil requirement of Regulation 10(1)la) lo (cl of the Accounts
Regulations does not apply. 11 is my responsibility to examine the financial statement5 as required under section
4411 Ilcl of the Act and to stale whether particular matters have come to my attention.
Basis of Independent Examlnerfs Statement
My examination was earried out in accordance with regulation 11 of the Accoun15 Regulations. An examination
includes a review of the accounting records kept by the charity an¢Y a comparison of the financial statements
presented with those records. It also includes consideration of any unusual items or disclosures in the financial
slatemenls, and seeking explanations from as trustees conceming any such matters. The procedures
un(fertaken 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 gNen by the accounts.
Indgpendent Examlner's Ststernent
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 aCc(Kda￿t section 44(11(21 of the Act and regulation 4 of the
Accounts Regulations,. and
to prepare financial stslements which accord the accounting records, Accounting and
Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard in the UK and Republic of Ireland IFRS 1021 and in other respects comply with regulation
8 of the Accounts Regulations
have not been mel., or
to which, in my opinion. attention should be draw￿ in ordef to enable proper understanding of the financial
statements to be reached.
This report is made solely lo the chariws Trustees. as a body. in accordance wlh regulation 11 of the Charities
Accounts Iscollandl Regulations 2006. My work has been undertaken so that I might slate to the charity's
Tnjstees those matters l 8m required to slate to them in an Independent Examinels Report and for no other
purpose. To the fullest extent permitted by law. I do not accept or assume responsibility lo anyone other than
the charity and the charitys Trustees as a body. for my work or for this report.
Signed..
Gavin Curr FCCA
Dated.. 28 May 2026
Armstrong Watson LLP
Caledonia House
89 Seaward Street
Glasgow
G41 1HJ
Page 5

AGE CONCERN EASTWOOD DEMENTIA PROJECT
IA Company Limlted by Guarantee)
STATEMENT OF FINANCIAL ACTMTIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT}
FOR THE YEAR ENDED 31 MARCH 2026
Unrestricted
funds
2026
Restricted
funds
2026
Total
funds
2026
Total
funds
2025
Note
Income frorn:
Donations and legacies
Charitable activities
11,Tn
387.791
11.777
387.791
2.293
398,243
Total income
399.568
399.568
400.536
Expenditure on:
Charitable activities
443.117
443,117
416,890
Total expgnditure
443.117
443.117
416,890
Net movement in funds
{43.$49)
{43,5491
(16.354)
Re￿nCiliation of funds:
Total funds brought forward
Net movement in funds
546.542
143.549)
349
546,891
143,549)
563,245
(16.354)
Total funds carried forward
502,993
S03.342
546,891
The Slalement of Financlal ACt￿lI1eS indudes all gains and1055es recognised in the year.
The notes on pages 9 10 22 fom part of these finanaal statements.
Page 6

AGE CONCERN EASTWOOD DEMENTIA PROJECT
{A Company Limited by Guarantee)
REGISTERED NUMBER: SC181705
BALANCE SHEEr
AS AT 31 MARCH 2026
2026
2025
Note
Flxed assets
Tangible assets
6.225
3,693
3.693
Current assets
Debtors
Cash at bank and in hand
10
78.392
433.913
3, 128
555.978
512,305
559, 106
Current liabilities
Creditors.. amounts falling due within cffle
year
11
115.1881
(15,908)
Net current assets
497.117
543. 198
Totsl assets less current liabilitles
503,342
546,891
Net assets excluding pension asset
503.342
546,891
Total net assets
503.342
546,891
Charity funds
Restricted funds
Unrestricted funds
12
349
12
502,993
546.542
Totsl funds
503,342
546,891
Page 7

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limited by Guarantee)
REGISTERED NUMBER: SC181705
BAIANCE SHE￿ (CONTINUED
AS AT 31 MARCH 2026
The Charty was enlided to exemption frLXn audit under section 477 of the Companies Act 20C6.
The members have not required the company to (thin an audit for the year in question in accordance with
section 476 of Companies Ad 20(6.
The Trustee$ acknowledge their responsibilit*s ￿ comp￿"ng V￿th the requirements of the Act with respect to
accounting records and preparalion of financial statemenls.
The financial statements have been prepared in accordance v￿h the provisions applicable lo entities subject lo
the small companies regime.
The financial ststements were approved and authcwised for tssue by the Trustees on 28 May 2026 and signed
on their beh￿f by.
F E Thom50n
rusteel
A Holland
(rrustee)
The notes on pages 9 to 22 fom part ofthese financial sLknents.
Page 8

AGE CONCERN EASTWOOD DEMENTIA PROJECT
IA Company Limited by Guarantsel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 34 MARCH 2026
General infomiation
Age Concern Eastwood Dementia Proiecl is a company limf(ed by guarantee incorporated in Scolland.
The registered office is No 3 Cottage, Eastwood Park, Grffnock. Glasgow. G46 7JS.
Accountlng policies
2.1 Basis of preparation of financial statements
The financrdl sL*ements have beell prepared in ae¢ordance with the Charf(ies SORP IFRS 1021-
Accounting and Reporting by Charities= Statement of Recommended Practice applicable lo charities
preparing their accounts in accordan￿ wilh the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102) leffectNe 1 January 2019}. the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Acl 20C6.
Age Concem EastWOCKI Dementia Project meets the definition of a public benefft entity under FRS
102. Assets and liabil￿e$ are initi"a15y reccgnised at historical cost or transaction value unless
olheThwse ststed in the relevant accounting p)li¢y.
The financial statements are presented in Sterling 1£).
2.2 Income
All incLyne is recogni5ed once the Charity has entitlement lo the income. it is probable that the
income V￿11 be received and the amount of incffi)e r￿e1Vable can be Measur￿ reliably.
Grants are included in the Statement of Financial Activilies on a r￿1vable basis. The balan￿ of
income received for specffi¢ purposes but not expended during the period is shown in the relevant
funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, f(s
reccMJnition is deferred and included in credrtors as deferreA income. Where entittement occurs
before income is recewed, the income is 8¢crued.
other income reC￿3￿Ised in the pericrfl in it is receivable and to the extent the goods have
been provided or on completkjn of the Se￿￿.
2.3 Expenditure
Expenditure ts recctyJnised once there is a legal or constructive obligation to transfer economic
benefit to a third party, it is probable that 8 transfer of economic benefits will be required in
settlement and the amount of the d)ligation can be measur&J reliably. Expenditure is classified by
activity. The costs of each actmty are made up of the total of direct costs and shared costs.
including support costs involved in undertaking each activty. Direct Costs attributable to a single
adivty are allocated directly to th* a¢ts"vty. Shared costs which contribute to more than one actNiity
and support costs which are not attribltsble to a single actNity are apportioned btheen those
aclivifies on a basis consistent %Mth the use of resources. Central staff costs are allocated on the
basis of time spent, and depreciation charges allrKated on the portion of the asset's use.
Expenditure on charitable a¢bv*ies 15 incurr&J on direth undertaking the actNities which further the
Charitls objedives, as well as any associated support Costs.
All expendrture is inclusive of irrecoverable VAT.
2A Taxation
The Charity is exempt from C￿￿￿On tax on its charitable actNibes.
Page 9

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Accountlng policies {contlnued)
2.5 Tangible flxed assets and depreciation
Tangible fixed assets are initFalty recoJnised at cost After recognition, under the cost model,
tangible fixed assets are measured at cost accumulated depreciation and any accumulated
impaimient losses. All costs incurred lo bring a tsngible fixed asset into ts intended Working
condition should be included in the measurement of cost
Depreciation is charged so as to alky2ts the cost of tangible fixed assets less their residual value
over their estimated usehjl INes. using the $traight4ine method.
Depreciation is provided on the folk￿Ang basis..
Holiday home
10%
2.6 Debtors
Trade and other debtors are reccNJnised at the settlement amount after any trade discount offered.
Prepayn)ents are valued al the amount prepaid net of any trade discounts due.
2.7 Cash at bank and In hand
Cash at bank and in hand indudes cash and short-temi highly liquid investments with a short
maturity of three months or less from the date of wuisition or opening of the deposit or similar
account.
2.8 Llabilities and provlslons
Liabilities are recognised wthen there is an obligalion al the Balance Sheet date as a result of a past
event, it is prcèable that a transfer of e￿noMiC benefrt wll be required in settlement, and the
amount of the settlement can be estimated reliabty.
Liabilities are recognised at the amount that the Chality anticipates il wll pay to settle the debt or the
amount it has received as advanced payments for the go&Js OT setvices it mvst provide.
Provisions are measured * the best estimate of the amounts required lo settle the obligation. Where
the effect of the lime value of money is material, the pmvision is based on the present value of those
amounts. discounted at the pre-tax discount rate that refiecls the risks specific lo the liability- Tho
unwnding of the discount is recognised in the Slalement of Financ￿1 Activitie5 as a finance cost.
2.9 Financial instruments
The Charity only has financial assets and financial liabil￿"eS of a kind that qualrfy as basic financial
instruments. Basic financial instruments are initialty recognised at transaction value and
subseqLTrentty measured at their Sett￿rnent value with Ihe exception of bat)k loans which are
subsequentty measur&J at amortised cost using the effth interest method.
2.10 Operating leases
Rentals paid under operating leases are charged to the Statemenl of Financial Activities on a
$trwght-line basis ¢)ver the lease term.
Page 10

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Accountlng policies (contlnuedl
2.11 Pension5
The charitable company r¥Jerates a defined benefft pension scheme. Contributions payable to the
charrtable companys pension scheme are charged to the St*ement of Financial Activities in the
period to ￿lch they relate.
2.12 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Restri¢ted fvnds are funds whtch are to be used in accordan￿ v￿h specffic restrictions imposed by
donors or which have been raise(I by the Charity for particular purpose5. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Income from donations and legacies
Unre5tr1cted
funds
2026
Total
funds
2026
Total
funds
2025
Donations
11,777
2,293
Income from charitable activities
Unrestri¢ted
funds
2026
Total
funds
2026
Total
funds
2025
Day care income
Grants
87,164
300,627
87,164
300,627
77,650
320.593
Total 2026
387,791
387.791
398,243
Page 11

AGE CONCERN EASTWOOD DEMENTIA PROJECT
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Income from ¢harftable activities (continued)
Grants received. included in the above. are as follows."
2026
2025
East Renfrewshire Council
320,593
Anatysls of expenditure on charitable aclivities
Summary by fund type
Unrestricted
funds
2026
Total
2028
Total
2025
Care and support seNces
443,117
443,117
416.890
Analysis of expenditure by activittes
undertaken
dlreetly
2026
Support
costs
2026
Total
funds
2026
To181
funds
2025
Care and support services
432.475
10.642
443.117
416.890
Page 12

AGE CONCERN EASTWOOD DEMEPrnA PROJECT
(A Company Limited by Guar4nteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Anatysis of expendlture by activltles {continuedl
Analysls of direct Costs
Care and
support
services
Totsl
funds
2026
Total
funds
2025
2026
Staff costs
Depreciation
Training
Rent, rates and insurance
Light and heat
Telephone and fax
Postage, slationery and advertising
Travel
Repairs and maintenance
Day care expenses
302.560
2.032
600
302.560
2.032
600
283, 770
1.434
13.826
25,800
1.226
1,402
52.638
1,815
30,576
13.826
25.800
1,226
1.402
52.638
1,815
30,576
11,251
2t.220
2,246
1, 754
55, 656
3,597
25,918
432.475
432.475
406.846
Analysis of support costs
Care and
support
services
2026
Total
funds
2026
Total
funds
2025
Accounlancyfees
Legal and professional fees
Payroll fees
Interest payable
Independent Examinerfs fee
1.563
6,441
1.451
21
1.166
1.563
6,441
1.451
21
1,166
1.341
6,360
1,255
160
1. 128
10,642
10.642
10,044
Page13

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limited by Guardftteel
NOTES TO THE HNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Staff costs
2026
2025
Wages and salaries
Social securty costs
Contribution to defined contrbution pension schemes
264.276
17.700
20.584
248.240
t5.339
20, 191
302,560
283, 770
The average number of persons employed by the Charity during the year was as follows..
2026
No.
2025
ChaTitsble activities
12
No employee received remuner*ion amounting to more than £60.0(Kl in either year.
Trustees. r8muneratlon and expenses
During the year. F E Thomson. a trustee of the chanty, received remuneration of £50,400 12025 -
£50,400) in their capacty as Centre Manager. for services provided to the charity under a contract or
employTnent. This remuneration was paid in accordance wtth the provisions set out in the charity's
constitution, which pemirts trustees lo recetve payment for serv7w rendered lo the charity beyond their
duties as a trustee.
TfUStees' expenses
There were no trustees, expenses paid for the year ended 31 March 2026 nor for the year ended 31
March 2025.
Tangible fixed assets
Plant and
machlnery
Cost or valuation
At 1 April 2025
Additions
62.719
4.564
At 31 March 2026
67,283
Page 14

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limited by Guarnnteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Tangible fixed assets (continued)
Plant and
machinery
Depreclation
At 1 April 2025
Charge for the year
59,026
2.032
At 31 March 2026
61,058
Net book value
At 31 March 2026
6,225
At 31 March 2025
3.693
10. Debto
2026
2025
Due wtthin one year
Prepayments and accrued incC￿e
78.392
3, 128
78,392
3, 128
11.
Credltors: Amounts falllng due within one year
2026
2025
other taxation and social security
Other creditors
Accruals and defeffed income
5,161
4,308
1,460
10, 140
10.027
15.188
15,908
Page15

AGE CONCERN EASTWOOD DEMEIMA PROJECT
IA Company Llmlted by Guarnntee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
12. Statement of funds
Statement of funds- current year
Balance at
31 Mar¢h
2026
Balance at 1
April 2025
Income Expenditure
Unre$tricted funds
General Fund5
546,542
399.568
1443,1171
502.993
Restricted funds
Keyboard Fund
349
Total of funds
546.891
399,568
1443.117)
503.342
SLitement of fvnds- prior year
Balance al
31 March
2025
Balan￿ al
l Apnl 2024
Income Expendrture
Unrestricted funds
General Funds
562.896
4C(1,536
(416.890)
546,542
Restricted funds
Ke￿ard Fund
349
349
Total of funds
563,245
4LKI,536
(416.890)
546,891
13. Summary offunds
Page 16

AGE CONCERPI EASTWOOD DEMENTIA PROJECT
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
13. Summary of funds Icontlnued
Summary of funds- current year
Balance at
31 March
2026
Balance at 1
Aprfl 2025
Income Expenditurn
General funds
Restricted funds
546,542
399,568
1443,117)
502,993
349
546,891
399,568
1443,1171
503,342
Summary of funds- prloryear
Balance al
31 March
2025
Balance al
l Apn-12024
Income Expenditu
General funds
Restricted funds
562,896
349
4LKI,536
(416,890)
546,542
349
563.245
400,536
(416.890J
546.891
14. Anatysls of net assets between funds
Analysis of net assets ljetween funds- current year
Unrestricted Restricted
funds
funds
2026
2026
Total
funds
2026
Tangib￿ fixed assets
Current assets
Creditors due within one year
6,225
511,956
115.188)
6,225
512,305
115.1881
349
Total
502,993
349
503,342
Page 17

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
14. Anatysis of net assets between funds (continued)
Analysis of net assets between lunds - prior year
Unresfricted
fijnds
2025
Restiicted
Total
funds
2025
2025
Tangible fixed assets
Current assets
Creditors due wthin one year
3.693
55&757
(15,908)
3,693
559, 106
(15.908)
349
Total
546,542
349
546,891
Page 18

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
15. Employee benerrt obligatlons
SCHEME: TPT Retirement Solution- Scottish Voluntary Stttor Pension Scheme
The company participates in the scheme, 8 multi*mployer scheme which provides beneffts to some
77 non-associated ernploye￿ The scheme is a defined benefft scheme in the UK. It is not possible
for the company to obtain sufficient infomiation to enable rt to account for the scheme as a defined
benefit scheme. Therefore it accc¥Jnts for the scheme as a defined contribution scheme.
The scheme is Subject to the fvnding legislation outlined in the Pensions Act 2004 which came tnlo
force on 30 December 2005. This, together wlth documents issued by the Pensions Regulator and
Technical Actuarial Standards 555ued by the FinanrAal Reporting Council. set out the framework for
funding defined benefft occup*ional pension sthemes in the UK.
The scheme is dassified as a'iast-man standing arrangemenf. Therefore the company is potèntially
liable for other parti¢ipating employers, c4)ligath)ns rf those employers are unable to meet their share
of the scheme deficit following wrthdrawal from the scheme. Part￿Ipating employers are legally
required to meet their share of the scheme deficit on an annuity purchase basis on wf(hdrawal from
the scheme.
A full actuarial valuation for the scheme was carried out with an effective date of 30 September 2023.
This actuarial valuation was certified on 27 June 2024 and shcpwed assets of £86.2m. liabilities of
£88.2m and a deficit of £2.Om. From 1 June 2024 the majorty of eM￿0yerS no longer pay deficit
contributions.
Some employers have agreed concessions (both past and [￿eSentI with the Trustee and have
contributions up to 28 February 2034.
Note that the scheme's previous valualion was carried outwith an eff￿lIve date of 30 September
2020. This valuation Showed assets of £153.3m, liabilities of £160.Om and a defKit of £6.7m. To
eliminate this funding shortfall. the Trustee asked the participating empJoyeTS to pay additional
contributions to the scheme as follows..
Deficit contributions
From q April 2022 to 31 May 2024:
£1N73.969 per annum
(payable Montfrty and Increasing by 3% each on 1st April)
The recovery plan contributions are allo(2ted to each paitripating employer in line with their
estimated share of the scheme liabilities.
Vlhere the s¢heme is in deffi¢it and where the company ha5 agreed to a defi¢it funding arrangement
the company recogni5e5 a liability for this obligation. The amount recognised is the net present value
of the deficit reduction Contribut￿n$ payable under the agreement that relates to the deficit. The
present value ss calculated using the discount tste detailed in these disclosures. The unwTrnding of the
discount rate is recognised as a finance cost.
Page 19

AGE CONCERN EASTWOOD DEMENTIA PROJECT
IA Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
15. Employee benefft obligations Icontlnued)
PRESENT VALUES OF PROVISION
31 January 2026
{£s)
31 January
2025
£s
31 January
2024
£s
Present value of provision
RECONCILIATION OF OPENING AND CLOSING PROWSIONS
2.161
6.221
P¢riod Ending P¥riod Ending
31 January
31 January
2026
2025
£s
Provision at start of pen.od
2.161
8,221
Unwinding of the discourrt faclor {inlerest expense)
21
197
Defictt ¢ontn"bution paid
(2.1821
14.2581
Remeasurements- impact of any change in assumptions
Remeasurements- amendments to the contribution sthedule
Provision at end of perits
2.161
INCOME AND EXpEND￿uRE IMPACT
Period Ending Period Endlng
31 January
31 January
2028
2025
£5
Inte￿$1 expense
21
197
Remeasuremerts- impact of any change in assumption5
Remeasuremenls- amendments to the contribLrtion ￿edUle
Contributions paid in respect of ftrture seNce-
Costs recognised in income and expenditure acrDunt
"includes defined contribulion schemes arKI future service contritr#Jtions li.e. exduding any dèficit
reduction payments) to defined benefft schemes which are tre*ed as deffned contribub.on schemes.
To be ¢ompleted by the company.
ASSUMPTIONS
31 January
2028
31 January
2025
31 Janu¥ry
2024
r annum
r annum
er annum
Rate of discount
4.75
4.99
Page 20

AGE CONCERN EASTWOOD DEMENTIA PROJECT
(A Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
15. Employee benefit obligations Icontlnued)
The discount rates shown above are the equivalent single dis¢otsnt rates vthith, when used lo discount
the future recovery plan contribLrtions due, would give the same results as using a full AA eorporate
borKI yield cuNe to discount the same recovery plan contrilxJb"ons.
The following schedule details the defiot c0ntrtbuiic￿S agreed belween the company and the scheme
at each year end period..
DEFICIT CONTRIBUMONS SCHEDULE
Year ènding
31 January 2026
31 January 2025
(£s)
31 January
2024
Year 1
2,182
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year g
Year10
Year11
Year 12
Year13
Year 14
Year 15
Year 16
Year 17
Year 18
Year 19
Year 20
The ￿MpanY must recognise a liablity measured as the rKesenl value of the contribubons p8yable
that arise from the deficst recovery agreement and the resulting expense in the income and
expenditure account i.e. the unwindirhg of the discount rate as a finance ￿5t in the period in which il
arises.
It is these contributions that have been used to derive the ￿mpanIS balan¢e
sheet liability.
Page 21

AGE CONCERN EASTWOOD DEMEfiTIA PROJECT
IA Company Limited by Guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
16. Operatlng lease commltments
At 31 March 2026 the Charity had commitments to make future minimum lease payThenls under non-
cancellable operating leases as follows..
2026
2025
Not later than 1 year
Later than 1 year and not later than 5 yEars
2,300
9.915
1, 121
3, 760
12,215
4,881
17. Related party transactions
There were no relata poty trans&tions for the year ended 31 March 2026 nor for the year ended 31
March 2025.
Page 22