IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true true false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076408672023-03-31076408672024-03-31076408672023-04-012024-03-31076408672022-03-31076408672022-04-012023-03-31076408672023-03-3107640867ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3107640867ns15:PoundSterling2023-04-012024-03-3107640867ns11:FRS1022023-04-012024-03-3107640867ns11:IndependentExaminationCharity2023-04-012024-03-3107640867ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107640867ns11:FullAccounts2023-04-012024-03-3107640867ns11:CharitiesSORP2023-04-012024-03-3107640867ns16:EnglandWales2023-04-012024-03-3107640867ns11:RegisteredOffice2023-04-012024-03-3107640867ns0:Trustee22023-04-012024-03-3107640867ns0:Trustee32023-04-012024-03-3107640867ns0:Trustee42023-04-012024-03-3107640867ns0:Trustee52023-04-012024-03-3107640867ns0:Trustee12023-04-012024-03-3107640867ns0:Trustee62023-04-012024-03-3107640867ns0:TotalUnrestrictedFunds2023-04-012024-03-3107640867ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3107640867ns0:Activity82023-04-012024-03-3107640867ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-3107640867ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3107640867ns0:Activity82022-04-012023-03-3107640867ns0:TotalUnrestrictedFunds2023-03-3107640867ns0:TotalRestrictedIncomeFunds2023-03-3107640867ns0:TotalUnrestrictedFunds2024-03-3107640867ns0:TotalRestrictedIncomeFunds2024-03-3107640867ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-3107640867ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-03-3107640867ns10:WithinOneYear2024-03-3107640867ns10:WithinOneYear2023-03-3107640867ns10:ShortLeaseholdAssetsns10:LandBuildings2023-04-012024-03-3107640867ns10:LongLeaseholdAssetsns10:LandBuildings2023-04-012024-03-3107640867ns10:FurnitureFittingsToolsEquipment2023-04-012024-03-3107640867ns10:MotorVehicles2023-04-012024-03-3107640867ns10:ComputerEquipment2023-04-012024-03-310764086722023-04-012024-03-310764086732023-04-012024-03-310764086712023-04-012024-03-310764086712022-04-012023-03-3107640867ns10:OwnedAssets2023-04-012024-03-3107640867ns10:OwnedAssets2022-04-012023-03-3107640867ns0:TotalUnrestrictedFunds2022-04-012023-03-3107640867ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3107640867ns0:TotalUnrestrictedFundsns0:Activity82022-04-012023-03-3107640867ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3107640867ns10:ShortLeaseholdAssetsns10:LandBuildings2023-03-3107640867ns10:LongLeaseholdAssetsns10:LandBuildings2023-03-3107640867ns10:FurnitureFittings2023-03-3107640867ns10:FurnitureFittings2023-04-012024-03-3107640867ns10:ShortLeaseholdAssetsns10:LandBuildings2024-03-3107640867ns10:LongLeaseholdAssetsns10:LandBuildings2024-03-3107640867ns10:FurnitureFittings2024-03-3107640867ns10:ShortLeaseholdAssetsns10:LandBuildings2023-03-3107640867ns10:LongLeaseholdAssetsns10:LandBuildings2023-03-3107640867ns10:FurnitureFittings2023-03-3107640867ns10:MotorVehicles2023-03-3107640867ns10:ComputerEquipment2023-03-3107640867ns10:MotorVehicles2024-03-3107640867ns10:ComputerEquipment2024-03-3107640867ns10:MotorVehicles2023-03-3107640867ns10:ComputerEquipment2023-03-3107640867ns10:CostValuation2023-03-3107640867ns10:ListedExchangeTradedns10:CostValuation2023-03-3107640867ns10:RevaluationsIncreaseDecreaseInInvestments2024-03-3107640867ns10:RevaluationsIncreaseDecreaseInInvestmentsns10:ListedExchangeTraded2024-03-3107640867ns10:CostValuation2024-03-3107640867ns10:ListedExchangeTradedns10:CostValuation2024-03-31
REGISTERED COMPANY NUMBER: 07640867 (England and Wales)
REGISTERED CHARITY NUMBER: 1150939














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

AGE UK NORTH EAST LINCOLNSHIRE

AGE UK NORTH EAST LINCOLNSHIRE

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Report of the Trustees 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Balance Sheet 7

Notes to the Financial Statements 8 to 14

AGE UK NORTH EAST LINCOLNSHIRE (REGISTERED NUMBER: 07640867)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in developing future activities.

The principal object of the charity is to promote wellbeing and make later life a fulfilling and enjoyable experience for people over the age of 50 living in North East Lincolnshire.

We have referred to the guidance contained in the charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 charities Act when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees/Directors consider how planned activities will contribute to the aims and objectives they have set .

ACHIEVEMENT AND PERFORMANCE
Charitable activities
Social activities have included: Chair-based exercise, Bingo plus more , In addition , our ever-popular Luncheon Club provides a fresh hot dinner and home-made pudding every Tuesday in Grimsby & every Thursday in Cleethorpes with a hot meal delivery service now available Monday to Friday. Customers old and new can relax and enjoy a drink, meal and light snack in our Pop-In Cafés, both in Grimsby & Cleethorpes, which is increasing greatly in numbers using it on a daily basis, all provided by our hard-working team of staff & volunteers. Our drivers continue to provide shopping trips to a local supermarket, day trips as well as delivering our meals into the community. We still offer a full Information & Advice service, providing a full Benefit entitlement check and benefit applications resulting in thousands of pounds of benefit awards for older people locally, this year alone amounted to £2,235,111.40 in awards and arrears payments, as well as being able to engage with the older community and provide them with support in numerous ways.


AGE UK NORTH EAST LINCOLNSHIRE (REGISTERED NUMBER: 07640867)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


ACHIEVEMENT AND PERFORMANCE
Chairman's Report
Our branch of Age UK has been fortunate in being able to recover from the ravages of the effects of Covid which has affected so many other branches of our organisation with closure being the ultimate outcome.

By continuing the provision of our meal delivery services, introduced at the beginning of the covid crisis, this continues to be popular and is now a permanent service offered throughout North East Lincolnshire. This has also gone a long way to providing a good basis for financial stability moving forward post Covid.

Fortunately, we have also been very successful in receiving funding from both the Local Authority and the The Community Fund of the Lottery, which our Chief Officer has duly reported upon. She has also, at great length, covered all aspects of our services which I will not reiterate in full. However, I would like to say that the demand for the I&A service has been intensive both in face2face office appointments as well as the home visits. Our officers have done an excellent job in meeting demand. During this reporting year we have secured benefit awards of just over £2.2 million a phenomenal figure and highest figure we have ever secured in difficult times. The Engagement role, as part of the funding has been well received, especially these past years, post covid ,with ever increasing isolation and loneliness so our engagement officer has worked hard to try and re integrate her clients back into attending groups and setting new groups up at Cleethorpes to enable people to mix and enjoy company and being out again.

One point to reiterate that is working well, is the joint venture, in the formation of "Later Life Partnership NEL" between us, Carelink and Friendship At Home in working together to reduce loneliness. Encouraging befriending and socialising via the bespoke tablet and App is proving popular. This partnership, in essence, provide services essential for the well-being of the elderly housebound within the community, especially in these difficult times when fear of covid remains, despite the vaccination programme. This has also been successful this year with regards to funding engagement services across the area and is being seen locally as a valued addition to older people's services locally especially NELC where we have never been able to source funding previously. We have put on 3 older people's days locally and funded them with 'Give aways' to help with the expenses of heating and eating throughout the winter months with many more planned into the next year.

The Cleethorpes branch serves a lunch club of a main meal on a Thursday, groups on certain days with bus passes, hairdressing, chiropody and the provision for snacks/afternoon tea etc available.

Both branches continue to give legal advice, I&A services and financial advice at regular times.

Our shop has also successfully continued to recover from the lockdown due to hard work by the Manager and her staff and volunteers. All retail is very slow but we are keeping ourselves within the retail market comfortably, but we may have to look at the future of how we sell as part of the retail industry going forward.

I would like to state how grateful the Trustee Board is in the dedication and enormous support and hard work by our Chief Officer and all our staff and volunteers during this extremely busy period of growth. Certainly, adaptability has helped us to sustain the business, and we look forward to additional growth in the future.

I have been proud to join as Trustee over the last couple of years and this has been my first year as Chair.

I conclude on an optimistic note believing, with continued staff & volunteer loyalty and support, which is paramount, we will survive and continue & grow our services to meet the local rising need.

Thankyou

Charles Ekberg

Chair of Trustees

Fundraising Activities
In relation to fundraising we continue to generate funds internally and re-invest into charitable activities.

Investment Performance
As with all investments, our investments are starting to gain a little in interest these days but given the financial climate the funds are invested to produce as best a possible result bearing in mind the need for regular subsidy.

FINANCIAL REVIEW
Reserves policy
The trustee's policy on reserves is to retain sufficient funds to enable the charity to continue its activities for a minimum period of 3-6 months without the need for further incoming resources. At the balance sheet date the amount of Free reserves amounted to £266,047 (2023 - £352,910).


AGE UK NORTH EAST LINCOLNSHIRE (REGISTERED NUMBER: 07640867)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is is governed by it memorandum and articles of association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Key management remuneration
Total remuneration paid to key management in the year amounted to £59,943 (2023: £54,240).

Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07640867 (England and Wales)

Registered Charity number
1150939

Registered office
27 Osborne Street
GRIMSBY
DN31 1EY

Trustees
Mrs A Maggs MBE Money Management Adviser
Mrs S M Ortega
Mr. N. Trenchard
Mrs. A. Chidwick
C R Ekberg
Mr. I Hammond

Independent Examiner
Helen Spauls FCA
12 Abbey Road
GRIMSBY
DN32 0HL

Senior Management
Helen Goodman - Chief Officer

STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Age UK North East Lincolnshire for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-select suitable accounting policies and then apply them consistently;
-observe the methods and principles in the Charity SORP;
-make judgements and estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


AGE UK NORTH EAST LINCOLNSHIRE (REGISTERED NUMBER: 07640867)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 14 November 2024 and signed on its behalf by:





C R Ekberg - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
AGE UK NORTH EAST LINCOLNSHIRE (REGISTERED NUMBER: 07640867)


Independent examiner's report to the trustees of Age UK North East Lincolnshire ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Helen Spauls FCA

12 Abbey Road
GRIMSBY
DN32 0HL

14 November 2024

AGE UK NORTH EAST LINCOLNSHIRE

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,570 - 2,570 105,228

Charitable activities
Core activities 34,603 173,777 208,380 78,612

Other trading activities 2 32,785 - 32,785 32,897
Investment income 3 6,207 - 6,207 3,946
Total 76,165 173,777 249,942 220,683

EXPENDITURE ON
Raising funds 48,938 2,701 51,639 59,655

Charitable activities
Core activities 138,617 179,471 318,088 281,144
Total 187,555 182,172 369,727 340,799

Net gains on investments 75 - 75 14

NET INCOME/(EXPENDITURE) (111,315 ) (8,395 ) (119,710 ) (120,102 )


RECONCILIATION OF FUNDS
Total funds brought forward 675,646 22,496 698,142 818,244

TOTAL FUNDS CARRIED FORWARD 564,331 14,101 578,432 698,142

AGE UK NORTH EAST LINCOLNSHIRE (REGISTERED NUMBER: 07640867)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 297,332 - 297,332 321,859
Investments 9 952 - 952 877
298,284 - 298,284 322,736

CURRENT ASSETS
Debtors 10 47,463 - 47,463 35,760
Cash at bank and in hand 262,359 14,101 276,460 447,644
309,822 14,101 323,923 483,404

CREDITORS
Amounts falling due within one year 11 (43,775 ) - (43,775 ) (107,998 )

NET CURRENT ASSETS 266,047 14,101 280,148 375,406

TOTAL ASSETS LESS CURRENT LIABILITIES 564,331 14,101 578,432 698,142

NET ASSETS 564,331 14,101 578,432 698,142
FUNDS 13
Unrestricted funds 564,331 675,646
Restricted funds 14,101 22,496
TOTAL FUNDS 578,432 698,142

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 14 November 2024 and were signed on its behalf by:





C R Ekberg - Trustee

AGE UK NORTH EAST LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
Except as disclosed below, the financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102 updated by bulletin 2) '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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The charity has departed from the Charities SORP and FRS 102 in order to depreciate all long leasehold property at a rate of 5% on a straight line basis. The treatment required by the Charities SORP and FRS 102 where an asset comprises of two or more major components is that each component should be depreciated separately over its useful life and that the value of land is not depreciated.

The trustees consider that depreciating all long leasehold property at a rate of 5% on a straight line basis reflects the loss of value of the asset for the charity, and have concluded that the accounts present a true and fair view.

Income
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.

Expenditure
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 resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Short leasehold - 5% Straight Line
Long leasehold - 5% Straight Line
Fixtures and fittings - 25% Straight Line
Motor vehicles - 25% Straight Line
Computer equipment - 33% Straight Line and 25% Straight Line

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
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.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Operating lease commitments
Rentals on operating leases are charged to the statement of financial activities based on the terms set out by the lease agreements in place.

AGE UK NORTH EAST LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. OTHER TRADING ACTIVITIES
31.3.24 31.3.23
£    £   
Shop income 32,785 32,897

3. INVESTMENT INCOME
31.3.24 31.3.23
£    £   
Investment income 6,207 3,946

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.24 31.3.23
£    £   
Depreciation - owned assets 25,783 25,028

5. TRUSTEES' REMUNERATION AND BENEFITS
31.3.24 31.3.23
£    £   
Trustees' salaries 26,980 21,113
Trustees' social security 1,543 1,323
Trustees' pensions paid 421 359
28,944 22,795

The memorandum of association updated in October 2012 allows trustees to receive remuneration from the charity. During the year Annette Chidwick and Ian Hammond received the following remuneration for their employment by the charity -



A. Chidwick

I.
Hammond

31.3.24
Total

31.3.2
3 Total
£    £    £    £   
Trustees' salaries 20,480 6,500 26,980 21,113
Trustees' social security 1,543 - 1,543 1,323
Trustees' pension contribution 421 - 421 359
22,444 6,500 28,944 22,795

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


6. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.24 31.3.23
Fundraising trading 2 2
Charitable activities 17 15
19 17

No employees received emoluments in excess of £60,000.

AGE UK NORTH EAST LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 105,228 - 105,228

Charitable activities
Core activities 43,774 34,838 78,612

Other trading activities 32,897 - 32,897
Investment income 3,946 - 3,946
Total 185,845 34,838 220,683

EXPENDITURE ON
Raising funds 59,655 - 59,655

Charitable activities
Core activities 179,147 101,997 281,144
Total 238,802 101,997 340,799

Net gains on investments 14 - 14

NET INCOME/(EXPENDITURE) (52,943 ) (67,159 ) (120,102 )


RECONCILIATION OF FUNDS
Total funds brought forward 728,589 89,655 818,244

TOTAL FUNDS CARRIED FORWARD 675,646 22,496 698,142

8. TANGIBLE FIXED ASSETS
Fixtures
Short Long and
leasehold leasehold fittings
£    £    £   
COST
At 1 April 2023 146,455 289,462 42,856
Additions - - -
At 31 March 2024 146,455 289,462 42,856
DEPRECIATION
At 1 April 2023 82,207 41,657 42,012
Charge for year 7,339 14,473 232
At 31 March 2024 89,546 56,130 42,244
NET BOOK VALUE
At 31 March 2024 56,909 233,332 612
At 31 March 2023 64,248 247,805 844

AGE UK NORTH EAST LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. TANGIBLE FIXED ASSETS - continued
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 67,730 12,335 558,838
Additions - 1,256 1,256
At 31 March 2024 67,730 13,591 560,094
DEPRECIATION
At 1 April 2023 59,263 11,840 236,979
Charge for year 3,575 164 25,783
At 31 March 2024 62,838 12,004 262,762
NET BOOK VALUE
At 31 March 2024 4,892 1,587 297,332
At 31 March 2023 8,467 495 321,859

9. FIXED ASSET INVESTMENTS
Shares in
group Listed
undertakings investments Totals
£    £    £   
MARKET VALUE
At 1 April 2023 2 875 877
Revaluations - 75 75
At 31 March 2024 2 950 952
NET BOOK VALUE
At 31 March 2024 2 950 952
At 31 March 2023 2 875 877

There were no investment assets outside the UK.

Cost or valuation at 31 March 2024 is represented by:

Shares in
group Listed
undertakings investments Totals
£    £    £   
Valuation in 2024 2 950 952

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 10,623 14,107
Amounts due from subsidiary undertaking 36,840 21,653
47,463 35,760


AGE UK NORTH EAST LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 43,775 107,998

12. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.24 31.3.23
£    £   
Within one year 1,750 1,750

13. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 477,791 (103,976 ) 373,815
Building Project 197,855 (7,339 ) 190,516
675,646 (111,315 ) 564,331
Restricted funds
Later Life Partnership 22,496 (8,395 ) 14,101

TOTAL FUNDS 698,142 (119,710 ) 578,432

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 76,165 (180,216 ) 75 (103,976 )
Building Project - (7,339 ) - (7,339 )
76,165 (187,555 ) 75 (111,315 )
Restricted funds
Information & Advice Service 29,952 (29,952 ) - -
Big Lottery 94,825 (94,825 ) - -
Later Life Partnership 30,000 (38,395 ) - (8,395 )
Warm Spaces 19,000 (19,000 ) - -
173,777 (182,172 ) - (8,395 )
TOTAL FUNDS 249,942 (369,727 ) 75 (119,710 )


AGE UK NORTH EAST LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


13. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 523,395 (45,604 ) 477,791
Building Project 205,194 (7,339 ) 197,855
728,589 (52,943 ) 675,646
Restricted funds
Big Lottery 55,610 (55,610 ) -
Henry Smith 4,937 (4,937 ) -
Later Life Partnership 29,108 (6,612 ) 22,496
89,655 (67,159 ) 22,496
TOTAL FUNDS 818,244 (120,102 ) 698,142

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 185,845 (231,463 ) 14 (45,604 )
Building Project - (7,339 ) - (7,339 )
185,845 (238,802 ) 14 (52,943 )
Restricted funds
Big Lottery - (55,610 ) - (55,610 )
Henry Smith 18,250 (23,187 ) - (4,937 )
Later Life Partnership 14,588 (21,200 ) - (6,612 )
Warm Spaces 2,000 (2,000 ) - -
34,838 (101,997 ) - (67,159 )
TOTAL FUNDS 220,683 (340,799 ) 14 (120,102 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.22 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 523,395 (149,580 ) 373,815
Building Project 205,194 (14,678 ) 190,516
728,589 (164,258 ) 564,331
Restricted funds
Big Lottery 55,610 (55,610 ) -
Henry Smith 4,937 (4,937 ) -
Later Life Partnership 29,108 (15,007 ) 14,101
89,655 (75,554 ) 14,101
TOTAL FUNDS 818,244 (239,812 ) 578,432

AGE UK NORTH EAST LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 262,010 (411,679 ) 89 (149,580 )
Building Project - (14,678 ) - (14,678 )
262,010 (426,357 ) 89 (164,258 )
Restricted funds
Information & Advice Service 29,952 (29,952 ) - -
Big Lottery 94,825 (150,435 ) - (55,610 )
Henry Smith 18,250 (23,187 ) - (4,937 )
Later Life Partnership 44,588 (59,595 ) - (15,007 )
Warm Spaces 21,000 (21,000 ) - -
208,615 (284,169 ) - (75,554 )
TOTAL FUNDS 470,625 (710,526 ) 89 (239,812 )

The restricted fund Information & Advice Service was a grant to appoint and information and advice officer whose four core areas are: welfare benefits and money matters; access to care at home; housing options; local services and support.

Henry Smith and Big Lottery funding are additional restricted grants received to further support the information and advice service.

Later Life Partnership funding is a restricted grant received to further support the charities aims and goals.

Warm spaces is grants received to provide a warm space for people to come in and have a warm drink and food over the winter months.

14. RELATED PARTY DISCLOSURES

Age UK North Lincolnshire Trading Company Limited is a wholly owed subsidiary.

At the balance sheet date the amount due from North East Lincolnshire Trading Company Limited was £36,840 (2023 - £32,030).

During the year Age UK North Lincolnshire Trading Company Limited made a gift of its taxable profit amounting to £Nil (2023 - £Nil).