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 2025

FOR

AGE UK NORTH EAST LINCOLNSHIRE

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

Notes to the Financial Statements

7

to

13

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 2025. 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 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 .

ACHIEVEMENTS 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 & Wednesday in Grimsby & every Thursday in Cleethorpes with a hot meal delivery service now available Monday to Friday across the whole of North East Lincolnshire. 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 £2,326,680.40 in awards and arrears payments, up by over £100K plus still awaiting confirmation of £57899.40 worth of awards from the year before, a phenomenal amount...as well as being able to engage with the older community and provide them with support in numerous ways.

Chairman's Report

After a fine year in 2023-4 recovering very well after Covid, we have followed up with another excellent year.

Our meal delivery service has gone from strength to strength, and the increasing income it provides makes a substantial contribution to our financial stability, as does the provision of food and drink at both of our branches.

Another good source of regular income is the provision of bus passes, with this service being offered at both Grimsby and Cleethorpes. The Cleethorpes branch is performing very well with a busy and full luncheon club, and providing chiropody and hairdressing services, a friendship hub day, as well as a home for a chess club, art and craft club, sit and knit group, plus days out and the Young at Heart Group.

I don't think that the Cleethorpes Branch has ever been so well attended, with great credit due to the staff there.

Despite a slight hiccup with Carelink which was amicably resolved, the Later Life Partnership continues to work well together, delivering a funded programme around engagement in the community, ensuring that benefit entitlements are applied for, and clients are made fully aware of all the facilities and activities available to them throughout the area. Helen and the staff are doing an excellent job, providing the shift of focus to getting elderly people out of their homes and socialising, which is exactly what government and local authorities want to achieve.

Our Information and Advice service once again has proved a massive success. There is great demand, and very hard work by those providing this service has managed to keep the waiting list very short.Benefits awards and arrears have amassed an amazing total of £2,385,680.40, an increase on the previous year of over £150,000 which I would not have thought possible.

Helen continues to sustain our survival due to her very hard work and expertise in applying for and obtaining grants wherever they are available.

We are in our final year of the Lottery grant, but an application will be going in soon for a new project.

We have an application to Garfield Weston awaiting a decision.

We have been awarded grants by Omaze , Dunhelm , Age UK and NELC in this year alone, along with warm homes grants and welcome donations from various sources.I should say that Helen's success in this regard is in no small part due to her ability to show how extremely well we deliver our services, and that is thanks to the very hard work and expertise of every member of staff and volunteer.

One sad note is the closure of our shop on Freeman Street, which was no longer able to break even, due to the incessant increase of its outgoings.

Although it was probably the right time for Joy to retire, I have no doubt that she would have soldiered on; and I should like to record our gratitude to Joy and her staff for their hard work and dedication over many years. We have not completely abandoned the idea of having some sort of retail outlet in the future, but it would need to change and be an online service.

Yet again I want to put on record how grateful the Trustee Board is for the dedication and enormous support and hard work by our Chief Officer, and all of our staff and volunteers during this very busy and, I think, very happy continued period of growth.

It is a credit to everyone that our branches are such welcoming and enjoyable places to work and visit.

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 £131,181 (2024 - £266,047).

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 £63,596 (2024: £59,943).

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

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 27 November 2025 and signed on its behalf by:

C R Ekberg - Trustee

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 2025.

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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

27 November 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

3,204

-

3,204

2,570

Charitable activities

Core activities

81,196

150,749

231,945

208,380

Other trading activities

2

33,523

-

33,523

32,785

Investment income

3

5,094

-

5,094

6,207

Total

123,017

150,749

273,766

249,942

EXPENDITURE ON

Raising funds

48,566

-

48,566

51,639

Charitable activities

Core activities

233,034

145,993

379,027

318,088

Total

281,600

145,993

427,593

369,727

Net gains on investments

373

-

373

75

NET INCOME/(EXPENDITURE)

(158,210

)

4,756

(153,454

)

(119,710

)

RECONCILIATION OF FUNDS

Total funds brought forward

564,331

14,101

578,432

698,142

TOTAL FUNDS CARRIED FORWARD

406,121

18,857

424,978

578,432

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

8

273,615

-

273,615

297,332

Investments

9

1,325

-

1,325

952

274,940

-

274,940

298,284

CURRENT ASSETS

Debtors

10

46,543

-

46,543

47,463

Cash at bank and in hand

95,306

18,857

114,163

276,460

141,849

18,857

160,706

323,923

CREDITORS

Amounts falling due within one year

11

(10,668

)

-

(10,668

)

(43,775

)

NET CURRENT ASSETS

131,181

18,857

150,038

280,148

TOTAL ASSETS LESS CURRENT LIABILITIES

406,121

18,857

424,978

578,432

NET ASSETS

406,121

18,857

424,978

578,432

FUNDS

13

Unrestricted funds

406,121

564,331

Restricted funds

18,857

14,101

TOTAL FUNDS

424,978

578,432

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 27 November 2025 and were signed on its behalf by:

C R Ekberg - Trustee

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.

2.	OTHER TRADING ACTIVITIES

31.3.25

31.3.24

£

£

Shop income

33,523

32,785

3.	INVESTMENT INCOME

31.3.25

31.3.24

£

£

Investment income

5,094

6,207

4.	NET INCOME/(EXPENDITURE)

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

31.3.25

31.3.24

£

£

Depreciation - owned assets

24,915

25,783

5.	TRUSTEES' REMUNERATION AND BENEFITS

31.3.25

31.3.24

£

£

Trustees' salaries

27,783

26,980

Trustees' social security

1,627

1,543

Trustees' pensions paid

439

421

29,849

28,944

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

31.3.25 Total

31.3.2 4 Total

£

£

£

£

Trustees' salaries

21,088

6,695

27,783

26,980

Trustees' social security

1,627

-

1,627

1,543

Trustees' pension contribution

439

-

439

421

23,154

6,695

29,849

28,944

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

6.	STAFF COSTS

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

31.3.25

31.3.24

Fundraising trading

2

2

Charitable activities

15

17

17

19

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

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2,570

-

2,570

Charitable activities

Core activities

34,603

173,777

208,380

Other trading activities

32,785

-

32,785

Investment income

6,207

-

6,207

Total

76,165

173,777

249,942

EXPENDITURE ON

Raising funds

48,938

2,701

51,639

Charitable activities

Core activities

138,617

179,471

318,088

Total

187,555

182,172

369,727

Net gains on investments

75

-

75

NET INCOME/(EXPENDITURE)

(111,315

)

(8,395

)

(119,710

)

RECONCILIATION OF FUNDS

Total funds brought forward

675,646

22,496

698,142

TOTAL FUNDS CARRIED FORWARD

564,331

14,101

578,432

8.	TANGIBLE FIXED ASSETS

Fixtures

Short

Long

and

leasehold

leasehold

fittings

£

£

£

COST

At 1 April 2024

146,455

289,462

42,856

Additions

-

-

-

At 31 March 2025

146,455

289,462

42,856

DEPRECIATION

At 1 April 2024

89,546

56,130

42,244

Charge for year

7,339

14,473

232

At 31 March 2025

96,885

70,603

42,476

NET BOOK VALUE

At 31 March 2025

49,570

218,859

380

At 31 March 2024

56,909

233,332

612

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

67,730

13,591

560,094

Additions

-

1,198

1,198

At 31 March 2025

67,730

14,789

561,292

DEPRECIATION

At 1 April 2024

62,838

12,004

262,762

Charge for year

2,394

477

24,915

At 31 March 2025

65,232

12,481

287,677

NET BOOK VALUE

At 31 March 2025

2,498

2,308

273,615

At 31 March 2024

4,892

1,587

297,332

9.	FIXED ASSET INVESTMENTS

Shares in

group

Listed

undertakings

investments

Totals

£

£

£

MARKET VALUE

At 1 April 2024

2

950

952

Revaluations

-

373

373

At 31 March 2025

2

1,323

1,325

NET BOOK VALUE

At 31 March 2025

2

1,323

1,325

At 31 March 2024

2

950

952

There were no investment assets outside the UK.

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

Listed

undertakings

investments

Totals

£

£

£

Valuation in 2025

2

1,323

1,325

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

12,013

10,623

Amounts due from subsidiary undertaking

34,530

36,840

46,543

47,463

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

10,668

43,775

12.	LEASING AGREEMENTS

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

31.3.25

31.3.24

£

£

Within one year

1,750

1,750

13.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1.4.24

in funds

funds

31.3.25

£

£

£

£

Unrestricted funds

General fund

373,815

(150,871

)

133,607

356,551

Building Project

190,516

(7,339

)

(133,607

)

49,570

564,331

(158,210

)

-

406,121

Restricted funds

Later Life Partnership

14,101

4,756

-

18,857

TOTAL FUNDS

578,432

(153,454

)

-

424,978

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

123,017

(274,261

)

373

(150,871

)

Building Project

-

(7,339

)

-

(7,339

)

123,017

(281,600

)

373

(158,210

)

Restricted funds

Big Lottery

96,749

(96,749

)

-

-

Later Life Partnership

54,000

(49,244

)

-

4,756

150,749

(145,993

)

-

4,756

TOTAL FUNDS

273,766

(427,593

)

373

(153,454

)