The trustees present their annual report and financial statements for the year ended 31 March 2026.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Age Concern Wandsworth is an independent charity, responsible for its own policy, direction and funding. Operationally, the charity is known as Age UK Wandsworth, after signing a Brand Partnership Agreement with the national charity Age UK and other local Age UKs in the network. However, the legal name remains Age Concern Wandsworth. Throughout the rest of this report, the trading name of Age UK Wandsworth is used.

Age UK Wandsworth is governed by a Board of Trustees. The Trustees are also Directors of the Company. Trustees are elected by members, who are all Trustees, at the Annual General Meeting.

The Board of Trustees meets at least six times a year and is responsible for ensuring that the financial, legal and contractual requirements of the charity are met. It decides on the strategy and ensures that the organisation fulfils its objectives. The Board receives reports from the Finance and Resources Committee, which meets in the intervening months to oversee the finances, policy direction and to consider personnel matters, such as pay and remuneration. In 2024/25 a new sub-committee of the Board called the Operations and Quality Committee was established, the Policy and Finance Committee was renamed the Finance and Resources Committee and the Fundraising and Marketing Committee was renamed the Brand and Communications Committee.

The Board delegates day-to-day management and decision making of the charity to the Chief Executive, who works with the executive team, comprised of a Head of Finance and Director of Operations and Quality, and the charity’s staff team to ensure the smooth and effective running of the charity. The Chief Executive reports to the Chair and the Board.

Trustees are recruited through a variety of methods, including targeted recruitment initiatives and professional recommendation. The Trustees endeavour to ensure that there is a balance of skills, gender, age and cultural backgrounds and that they are also representative of older people in Wandsworth.

New trustees are inducted by the Chief Executive, the Chair and more experienced trustees. They are also able to attend Trustee Induction programmes run by Age UK, where available.

In 2025/26, the Board introduced a Fellowship Programme to give underrepresented groups at Board level an opportunity to shadow our Board, in line with the charity’s commitment to the Social Mobility Pledge. This also provides an opportunity to improve the diversity of our Board and to create a pipeline for succession.

Older People

Older People are at the centre of service planning and are involved in all aspects of the charity’s strategic and operational management, including active Board of Trustee participation.

Equal Opportunities

Age UK Wandsworth is committed to the principal of equal opportunity in all aspects of its work from service delivery through to employment and management of its employees and volunteers.

Age UK Wandsworth also believes that all older people should receive services that meet their needs. As part of this commitment, it works to ensure that its own services and resources are relevant to the needs of older people and are perceived by those in need as relevant and accessible.

We have an Equity, Diversity and Inclusion (EDI) Policy and corresponding Action Plan to help ensure we are a truly inclusive organisation.

The Objects for which Age UK Wandsworth is established and to which it is specifically restricted are to promote the following purposes for the benefit of the public and/or older people in and around the London Borough of Wandsworth. The Objects were updated by Special Resolution in November 2025.

1.1    The objects of the Charity are to promote the following purposes for the benefit of the public and/or older people within the Area of Benefit:

1.1.1    preventing or relieving the poverty of older people;

1.1.2    advancing education;

1.1.3    preventing or relieving sickness, disease or suffering in older people (whether emotional, mental or physical);

1.1.4    promoting equality and diversity;

1.1.5    promoting the human rights of older people in accordance with the Universal Declaration of Human Rights;

1.1.6    assisting older people in need by reason of ill-health, social exclusion, disability or other disadvantage; and

1.1.7    such other charitable purposes for the benefit of older people as the Charity Trustees from time to time decide;

the outcome of this being the promotion of the well-being of older people.

Mission

Age UK Wandsworth’s mission statement is to develop a wide range of services that enable and enhance the independence and wellbeing of older people in Wandsworth.

Aims and objectives

The strategic plan, for 2023-2027, outlines the following aims and objectives:

1. To support older people in Wandsworth to live well in their homes and to participate in their community.

2. To promote positive ageing and raise awareness of the contribution that older people make to our community.

3. To ensure that older people benefit from a well-run, sustainable organisation that is able to respond flexibly and innovatively to the changing needs of older people and the external environment.

Ensuring our work delivers our aims and provides public benefit

We follow the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. Public benefit from our work includes older people in Wandsworth:

• Understanding their rights to financial assistance and protection

• Receiving information and support to manage emotional, physical and mental health issues

• Accessing befriending and group activities that reduce levels of loneliness and social isolation

Services

Age UK Wandsworth remains an autonomous, local organisation providing direct services to older people in response to local need and available funding. Age UK Wandsworth’s strategy is to build on the services it currently offers, developing new strands of activity or expanding the services to reach more people in line with our strategic aims and objectives. Our activities are preventative and improve the quality of life of older people living in the borough of Wandsworth. By preventative services we mean:

• services that help to prevent or delay the need for more costly intensive interventions; and

• strategies and approaches that promote the quality of life of older people and their engagement with the wider community

The services we provided in 2025/26 for older people are detailed below. These services are available to all people over the age of 60 within the borough of Wandsworth.

Information and Advice

• Our Information, Advice and Support Service offers free and confidential information and advice on benefits, money, social care and housing and local services for people over 60 and their carers.  Information and advice is provided in the office, over the telephone, via email and through home visits. In addition, we continue to deliver a scams prevention and support service - delivering group scams awareness talks at venues throughout the borough and one-to-one support to clients who have been, or who are at risk of being scammed.

• Crimes against Older People - co-ordination of a multi-agency forum to raise awareness of crimes against older people.

• Age UK Wandsworth has a small Amenity Fund and can distribute grants of up to £200 to older people in financial need.

Practical Support at Home

Age UK Wandsworth runs a number of services aimed at supporting older people within their own homes to enable them to remain living independently at home and to maintain their health and well-being. These include:

• Better at Home - provides voluntary sector support to Wandsworth’s Community Wards, a multi-disciplinary team supporting patients in their own homes to prevent hospital admissions. In 2025/26, the Better at Home services have been restructured and changed to Age Well Together.

• The Be-a-Friend Service - matches volunteers with housebound older people to lessen the impact of social isolation. A telephone support service is also provided.

• The Handyperson Service - undertakes falls prevention work and practical help with minor repairs in the home to assist those unable to carry out tasks for themselves. The service enables people to live independently and safely in their own homes.

• Online Shopping Service - provides internet grocery shopping for those who do not have access to a computer and arranges shopping deliveries to the door through supermarket online services.

• The Hospital Discharge Support service - provides volunteer support for up to six weeks when someone is discharged from hospital.

• Befriending Plus Service - a befriending programme with additional weekly practical support provided by volunteers in conjunction with existing care packages, or as a preventative measure.

Dementia Services

• Gywnneth Morgan Day Centre - services for Wandsworth Council: a building-based day centre service for older residents and those with disabilities and dementia. The Day Centre also acts as a hub for coffee morning and community health activities, such as vaccination clinics, sexual health clinics and health information talks.

• Maintenance Cognitive Stimulation Therapy (MCST) - a long term version of a Cognitive Stimulation Therapy programme to support dementia. It is the only programme of its kind in Wandsworth and it is the only non-drug treatment recommended by the National Institute for Health and Care Excellence (NICE) to improve a person with dementia's cognition, independence and overall wellbeing.

Outreach Services

• Community Engagement – in 2025/26, this service was split into two separate services called Digital Inclusion Technology and Outreach. The Digital element includes the provision of technology assistance to residents in libraries across the borough as well as care technology support in their homes, whilst the Outreach service allows for the provision of activities, such as coffee mornings and exercise classes in central Wandsworth.

• Roehampton Community Shed - provides opportunities for socialising alongside practical projects, such as woodwork and furniture upcycling. In the last two years, there has also been a new focus on providing educational opportunities to address men’s mental health.

Charged-for Services

• Our Foot Clinic is now running once per month and meets the basic footcare needs of Wandsworth residents who are not entitled to free NHS footcare.

Volunteer Involvement

Age UK Wandsworth depends extensively on the commitment of over 300 volunteers who play a vital role in every aspect of the organisation’s work, including befriending, support in the home, office administration, and information and advice. Alongside paid staff, volunteers help us to deliver high-quality services.

ACHIEVEMENTS AND PERFORMANCE

Our key achievements in 2025/26 included:

• Benefit gains of £1,072,643 for clients Supported by by our Information and Advice team

• 4,575 in-depth advice sessions delivered and over 9,874 enquiries were responded to

• Over 2,000 activities delivered at the day centre to those with disabilities and dementia, which provides a subsidiary benefit of respite to unpaid carers

• 5,408 befriending home visits to lonely, isolated older residents

• 2,079 handyperson visits and 1,201 individual Wandsworth older residents supported with jobs to enable hospital discharge and independent living

• 435 frail, older residents supported with a safe, hospital discharge and subsequent after care

• 1,707 online food shopping deliveries arranged for those unable to food shop for themselves

• Continuation funding secured for a fourth year for MCST (Maintenance Cognitive Stimulation Therapy) in direct response to residents’ needs for further dementia support

• Winner of the Best Charity category in the Wandsworth Chamber of Commerce Business 2025 Awards for the charity’s business progression

The financial statements cover the consolidated activities of Age UK Wandsworth for the year ended 31 March 2026. The financial situation of the charity remained stable at the end of the financial year and has benefitted greatly from the strong financial and operational performance over the previous three years.

Principal Funding Sources

£1,822,464 was received as Income from Charitable Activities in 2025/26, (£1,713,511 24/25) Of this, Wandsworth Council contributed £1,218,281, (£1,187,779 24/25).

Contract funding was received from Wandsworth GP Federation, of £445,996 in 2025/26, (£399,334 24/25).

Grants received in 2025/26 were as follows:

• Age UK, the national charity, awarded grants of £123,714 for Information and Advice and Community Activities.

Age UK Wandsworth continues to raise funds for services that are not fully funded and to raise the profile of the charity in the local community. We are particularly grateful to local residents who support us and raise money through taking part in sponsored events and other fundraising activity and for the local businesses and organisations who also supported us. In 2025/26 we raised a total of £48,560 through community fundraising activities. We do not take such generous donations, or grants awarded, lightly and we are rigorous about controlling back office expenditure in order to pour valuable funds into delivering services that directly impact the most vulnerable older people in the borough.

Reserves Policy and Financial Position

Total reserves increased during 2025/26 to £1,965,102 (£1,771,312 24/25). Of this, £1,155,133 is restricted funds, (£1,079,139 24/25), £106,932 is designated funding from a legacy (£106,932 24/25) and unrestricted reserves total £703,037 (£585,241 24/25).

It is the charity’s policy to write off deficits on restricted funds against general funds for those projects that finished in that financial year. Trustees wish to utilise reserves to support the development of newer services that require additional capacity when they are initially established.

The organisation’s reserves policy is to maintain reserves at a level representing approximately six months of non-contracted expenditure and one year expenditure on long term contracts, in order to safeguard the future of the charity. Given the uncertainty around the extension of contracts such as Age Well Together, the requirement to seek new funding sources annually for our Information and Advice service, and operating in the current high inflation environment, trustees feel it is prudent to maintain a higher level of reserves than was previously the case.

Trustees have also agreed a new Investment Policy and have invested unrestricted reserves in investment funds designed specifically for the charitable sector. Funds continue to be invested through a professionally managed portfolio with due regard to ethical, social and governance considerations. Additionally, the charity has been able to benefit from the moderate rates of interest on bank term deposits available in 2025/26. Some of the term deposits have been implemented through a secure online savings platform called Insignis. Interest earned in 2025/26 totalled £41,133, (£51,545 24/25).

Age UK Wandsworth is committed to delivering a range of services for older people in the borough and responding to meet their changing needs. We intend to expand the number of charged services that we offer to develop additional sources of income. Trustees will continue to monitor and evaluate existing services and will aim to maintain, develop and fundraise for them in the future.

In July 2026, following two Board strategy days, the Board of Trustees approved the creation of a new Growth and Development committee led by and comprised of trustees with experience of mergers and acquisitions. The committee’s remit is to explore and develop a variety of options that will broaden the charity’s income generation and ensure the future sustainability of the charity. This has also led to trustees designating reserves to support this aim.

The trustees, who are also the directors of AGE CONCERN WANDSWORTH for the purpose of company law, are responsible for preparing the Trustees' Report 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and then apply them consistently;

- observe the methods and principles in the Charities SORP;

- make judgements and estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material 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 charity will continue in operation.

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

In accordance with the company's articles, a resolution proposing that Kingston Burrowes Audit Ltd be reappointed as auditor of the company will be put at a General Meeting.

The trustees' report was approved by the Board of Trustees.

Opinion

We have audited the financial statements of AGE CONCERN WANDSWORTH (the ‘charity’) for the year ended 31 March 2026 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

give a true and fair view of the state of the charitable company's affairs as at 31 March 2026 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

the information given in the trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and

the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements.

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

the financial statements are not in agreement with the accounting records and returns; or

certain disclosures of trustees' remuneration specified by law are not made; or

we have not received all the information and explanations we require for our audit; or

the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees' report and from the requirement to prepare a strategic report.

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

• Enquiry of management and those charged with governance about actual and potential litigation or claims and the identification of non-compliance with laws and regulations.

• Reviewing minutes of meetings of those charged with governance.

• Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.

• Auditing the risk of management override of controls, including testing journal entries and other adjustments for appropriateness; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

• Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud.

• Professional scepticism in course of the audit and with audit sampling in material audit areas.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud

rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

AGE CONCERN WANDSWORTH is a private company limited by guarantee incorporated in England and Wales. The registered office is 549 Old York Road, Wandsworth, London, SW18 1TQ.

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

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. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

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.

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its 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 cash 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 rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the 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.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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

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 demonstrably committed to terminate the employment of an employee or to provide termination benefits.

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of employees during the year was:

Remuneration of key management personnel

The members of the Board received no remuneration or reimbursement of expenses (2025: £Nil).

Total employee benefits received by key management, including employer's pension costs, amounted to £258,422 (2025: £133,583).

Under FRS 102, employee benefits include gross salary, benefits in kind, employer's national insurance and employer's pension costs.

This expenditure has increased because trustees recognised it was necessary to strengthen the charity at executive level.

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

Deferred income is included in the financial statements as follows:

These are unrestricted funds which are material to the charity's activities.

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

The charity has been awarded some multi-year grants with specified or implied timeframes which preclude recognition of the full amount. The total amount awarded for future years but not recognised is £116,485.

The total future minimum lease payments due under non-cancellable operating leases are as follows:

A tenancy at will exists between the charity and the London Borough of Wandsworth for the annual rental of a property of £120,000.

There were no disclosable related party transactions during the year (2025 - none).

Age Concern Wandsworth is a private company limited by guarantee and has no share capital. It is incorporated in Great Britain and registered in England and Wales. Each member is liable to contribute a sum not exceeding £1 in the event of the Company being wound up. The address of the registered office can be found in the Legal and Administration information page.

The charity had no material debt during the year.