Age UK Teesside Limited - Charities report

REGISTERED COMPANY NUMBER: 02152353 (England and Wales)

REGISTERED CHARITY NUMBER: 702714

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2026

for

Age UK Teesside Limited

Page

Chairman's Report

1

Report of the Trustees

2

to

7

Report of the Independent Auditors

8

to

10

Statement of Financial Activities

11

Balance Sheet

12

to

13

Cash Flow Statement

14

Notes to the Cash Flow Statement

15

Notes to the Financial Statements

16

to

27

Challenges and Choices

It is a recurring theme that this year has been a tough year. When public sector finances are (further) stretched there is an inevitable negative impact on charities that rely on the funding provided to run services on their behalf. Grant and project funding from other sources have also been more challenging to find and secure.

Age UK Teesside has continued to adapt to face the challenges of increasing costs, the reduction in funds available from the public sector and increasing competition for funds from charitable trusts. We have chosen to invest in alternative fundraising strategies like our online shop and a growing calendar of fundraising events. This investment is paying off, both in bringing in unrestricted funds and in building our brand and reputation in the local community. We aim to continue to reduce our reliance on 'traditional' sources of funds.

We have continued to make good progress against the objectives stated in our strategic plan. To help us to deliver those strategic objectives we have further strengthened our Board with the appointment of new Trustees with relevant and diverse sets of skills and experiences.

Age UK Teesside remains fully committed to work in partnership with other organisations where such a partnership is of mutual benefit and delivers relevant services to support older people in our area. In order to do so we rely on our exceptional staff and volunteers. I would like to take this opportunity once again to thank every one of them on behalf of the Board of Trustees.

David Eagle

Chair of Trustees

The Trustees present their report with the financial statements of the charity for the year ended 31st March 2026. 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 2015).

OBJECTIVES AND ACTIVITIES

Objectives and Aims

Age UK Teesside has been established to promote the health and well-being of older people in and around Teesside.

The mission statement of the organisation is:

"To improve the quality of life for people over 50 in Teesside and to ensure that they are empowered to achieve their maximum potential as individuals whilst maximising their quality of life."

Achievements and performance during the year is reported below and clearly demonstrates how our work benefits the public in line with our charitable objects.

- The number of older people whose lives we have positively affected is 16,058;

- We helped older people to win over £2.5 million in benefits payments to which they were entitled;

- Our 108-plus volunteers helped us to deliver over 1088.75 hours of befriending to those older people affected most by isolation and loneliness.

- Donations and grants have increased income and the Online Retail Shop continues to grow.

Significant activities

Our service delivery projects for 2025/26 include:

Phoenix Project Middlesbrough - delivering social activities for older people with enduring mental health conditions across Middlesbrough. Funding for this service is from Middlesbrough Borough Council.

Better Health Better Wealth Stockton-on-Tees - this service tackles loneliness, isolation and financial benefit support for people aged 65+ across the Borough of Stockton-on-Tees, offering social activities, a befriending service, social assessments and welfare benefits advice. Funding for this service is through Stockton-on-Tees Borough Council.

Befriending Service Redcar & Cleveland - this service provides befriending to those most isolated and lonely by volunteers and also encourages older people to socialise with walking groups and social activities across the Borough. For people aged 65+ and funded by Redcar & Cleveland Borough Council.

Dementia Advisor Service Middlesbrough - providing vital information and advice for people who have dementia and their carers. The hub offers a welcome social space to relax and enjoy the company of others. Funded by Middlesbrough Council.

Befriending Service Middlesbrough -addressing social isolation and loneliness for people aged 65+ across Middlesbrough through volunteers. Funded by Middlesbrough Council.

Carer Connect Service Redcar & Cleveland - providing respite and support for Carers, encouraging social interaction outside the home where possible and assisting with shopping, appointments and advice. Funded by the National Lottery.

Re-Connect Middlesbrough - A therapist spends time with people with anxiety to enable them to have the confidence to socialise with others and follow their dreams.

Funded by Middlesbrough Council

I&A Services - we offer advice and information services across the borough for older people, which includes welfare benefits advice and help with form filling. Funding has been provided by the Henry Smith Foundation, Middlesbrough CAB, National Lottery and others as listed at note 16 of the accounts.

Fitness and Friendship - we have successfully implemented this group to help older people gain strength and stability by attending a local gym. This is now a sustained group.

Public benefit

The Trustees confirm that they have complied with the duty set out in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charities Commission in respect of public benefit.

FINANCIAL REVIEW

Financial Review

A summary of the results is given on page 9 of the financial statements.

The financial statements are presented in the standard format required as set out in '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 1st January 2019) and cover the activities of the company. The Statement of Financial Activities (SOFA) shows the gross income from all sources and the split of activities between Restricted and Unrestricted funds.

The charity reported a total net income for the year ended 31st March 2026 of £271,449 (2025: £23,711), with net income of £268,895 on Unrestricted Funds and net income of £2,554 on Restricted Funds. At the year end, there are Restricted Funds of £87,266 available to carry forward to meet expenditure in 2026/27 and this has arisen because the fund period ends are not co-terminus with the Charity's year end.

Incoming Resources

The charity's total income has increased from £693,106 to £1,082,569.

Unrestricted funds income was £577,955 compared with £199,788 in 2025. Restricted funds income was £504,614 compared with £493,318 in 2025.

The main source of Restricted income is from Charitable Activities. This is divided into the Health and Wellbeing activity and Information and Advice Projects and income from both increased in 2025-26.

For Unrestricted income, there were increases in the year for retail activities, fundraising income and donations from other stakeholders. In particular, a legacy of £341,328 was received in the year.

Age UK Teesside is particularly grateful to all of our funders through a challenging financial year and to each individual who has been kind enough to donate what they can afford.

All of our grant funding has been expended in accordance with the terms that the funds were granted and any carried forward funds are utilised over the designated funding periods. A list of our grant funders is included in the notes to the financial statements.

Resources Expended and Services

The charity's total expenditure increased from £669,395 in 2025 to £811,120 in 2026.

The majority of expenditure in 2025-26 continues to be on Charitable Activities, with projects promoting Health and Wellbeing and providing Information and Advice to older people. Expenditure on Charitable Activities totalled £684,655 with £502,060 on Restricted Activities and £182,595 on Unrestricted Activities. In addition, £88,262 was spent on expanding online retail and £38,203 on fundraising, both of which raised funds to support the Charity and its services.

Investment policy and objectives

Under the Memorandum and Articles of Association, the charity has the power to invest monies in such investments, securities or property of whatsoever nature as may be thought fit, provided that the Board shall seek professional advice before exercising such powers. The Trustees, having regard to the liquidity requirements of the organisation, have operated a policy of keeping available funds in interest-bearing deposit accounts. Interest earned for the year ended 31st March 2026 had fallen due to lower interest rates, to £8,925 (2025: £19,037).

Reserves policy

The Trustees require the Charity reserves to cover at least six months of Unrestricted funds. The levels of reserves are monitored and reported quarterly, and this requirement was met throughout the financial year.

At 31 March 2026, the Charity's total funds had increased to £926,265 (2025: £654,816). Unrestricted general funds available for future periods were lower at £323,999 (2025: £383,499). Restricted income funds were higher at £87,266 (2025: £84,712). Designated funds were higher at £515,000 (2025: £186,605). £340,000 (from the legacy received) has been allocated to meet future costs to be incurred on the development of the charity and its services, in order to meet its strategic objectives.

FUTURE PLANS

We have a clear set of objectives, which are detailed in our strategic plan covering the period 2026 to 2028. They are to:

1) Celebrate later life, promoting the positive aspects of ageing and the contribution that people in later life make to Teesside.

2) Be relevant, by continuing to provide appropriate services and partnerships to help people in later life in Teesside to live independent, happy and healthy lives.

3) Diversify and increase unrestricted income (i.e. income which is not ring-fenced for specific projects) and contribution to core operating costs.

4) Continue to increase awareness about issues relating to ageing.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The organisation is a charitable company limited by guarantee, incorporated on 3rd August 1987. The affairs of the company are governed by its Memorandum and Articles of Association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1. Age UK Teesside Limited is an independent incorporated charity and a 'Brand Partner' with Age UK.

Recruitment and appointment of new trustees

Trustees are appointed and elected at the AGM for a term of three years. Casual vacancies may be filled by the Board until the next AGM and shall be eligible for re-election.

All members are circulated with invitations to nominate trustees prior to the AGM advising them of retiring trustees and requesting nominations for the AGM. When considering co-opting trustees, the Board has regard to the requirements for any specialist skills needed.

Trustees Induction and Training

New trustees undergo an orientation day to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision-making process, the business plan and recent financial performance of the charity. Trustees are encouraged to attend external training events where these facilitate the undertaking of their role.

Management

The Trustees are responsible for the overall management and control of the charity and receive reports from the Honorary Treasurer on finance and the Chief Executive on management and general purposes at quarterly meetings. A Chief Executive is appointed by the Trustees to manage the day-to-day operations of the charity and the company. To facilitate effective operations, the Chief Executive has delegated authority, within terms of delegation approved by the Trustees, for finance and employment matters. Other staff assist the Chief Executive in achieving the charity's objectives and budget targets. We are grateful to our volunteers who assist in the provision of our services.

Risk management

The trustees are responsible for the management of the risks faced by the charity. These major risks have been considered, identified, assessed and controls established.

Through the risk management process established for the charity, the trustees are satisfied that the major risks identified have been adequately mitigated where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.

REFERENCE AND ADMINISTRATIVE DETAILS

Status:

The Charity was established as a company limited by guarantee on 3rd August 1987

(no. 2152353) and is registered with the Charities Commission (no. 702714).

Registered Office:

The Dorothy Rose Suites (29-32)

The TAD Centre

Ormesby Road

Middlesbrough

TS3 7SF

The directors of the charitable company (the charity) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the Trustees.

Chair:

Mr. D. Eagle

Treasurer:

Mr. A. Jackson

Trustees:

Mr. D. Eagle

Mr. C. Greaves

(appointed 15/4/2025)

Mr. T. Hurst

(appointed 15/4/2025)

Mr. A. Jackson

Mrs. M. MacDonald

(resigned 15/4/2025)

Mrs. M. McEnaney

(appointed 14/10/2025)

Mrs. T. Scott

Mr. M. Shaw

(appointed 13/1/2026)

Mrs. A. Short

Mr. G. Singh

(appointed 15/4/2025)

Mr. P Whelan

(resigned 14/10/2025)

Principal Staff:

Ms. A. Sykes (Chief Executive)

Auditors:

JBC Accountants Limited

3B Lockheed Court

Preston Farm

Stockton-on-Tees

TS18 3SH

Bankers:

Unity Trust plc

Nine Brindley Place

Birmingham

B1 2HB

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Age UK Teesside Limited for the purposes of company law) are responsible for preparing the Annual 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. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 Charities 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.

In so far as the trustees are aware:

-	there is no relevant audit information of which the charitable company's auditors are unaware; and

-	the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

The auditors, JBC Accountants Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

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 13 October 2026 and signed on its behalf by:

D Eagle - Trustee

Opinion

We have audited the financial statements of Age UK Teesside Limited (the 'charitable company') for the year ended 31 March 2026 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (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 properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company 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.

Conclusions relating to going concern

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 charitable company'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 trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

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.

In connection with our audit of the financial statements, 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 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.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

-	the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or

-	the charitable company has not kept adequate accounting records; or

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

-	we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes 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 charitable company'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 responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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 a Report of the Independent Auditors 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.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

- Based on our understanding of the charity, we identified that the principle risks of non-compliance with laws and regulations related to the requirements of the Charities Act, safeguarding, health and safety and data protection regulations and we considered the extent to which non-compliance might have a material effect on the financial statements.

- We also considered those laws and regulations that have a direct impact on the financial statements, such as the Companies Act 2006, FRS 102 and the Charities SORP (FRS 102) 'Accounting and Reporting By Charities'.

- We evaluated the risk of fraud through management bias and override of controls and determined that the risks related to the posting of inappropriate journal entries or manipulation of accounting estimates.

Audit procedures performed included:

- The engagement partner ensuring that the engagement team had the appropriate competence, capabilities and skills to identify or recognise non-compliance;

- Enquiring of trustees and key management personnel as to their knowledge of actual, suspected or alleged fraud, actual and potential litigation, claims and instances of non-compliance with laws and regulations;

- Testing the existence of internal controls in place to mitigate risks of fraud;

- Testing the appropriateness of journal entries, identifying unusual transactions;

- Assessing whether the judgements made in making significant accounting estimates are indicative of potential bias;

- Reviewing minutes of meetings of those charged with governance; and

- Designing procedures which included but were not limited to agreeing financial statement disclosure to underlying supporting documentation.

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, misrepresentations or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' 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 trustees as a body, for our audit work, for this report, or for the opinions we have formed.

JBC Accountants Limited

Statutory Auditor

Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

19 October 2026

31/3/26

31/3/25

Unrestricted

Restricted

Total

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

397,823

-

397,823

65,190

Charitable activities

5

Health & Wellbeing

-

391,947

382,476

Advice & information

-

112,667

110,843

Other trading activities

3

171,207

-

171,207

115,561

Investment income

4

8,925

-

8,925

19,037

Total

577,955

504,614

1,082,569

693,107

EXPENDITURE ON

Raising funds

Raising donations and legacies

6

38,203

-

38,203

8,839

Other trading activities

7

88,262

-

88,262

59,440

126,465

-

126,465

68,279

Charitable activities

8

Influencing Policy & Practice

175,810

-

175,810

141,447

Health & Wellbeing

6,785

390,731

397,516

368,100

Advice & information

-

111,329

91,570

Total

309,060

502,060

811,120

669,396

NET INCOME

268,895

2,554

271,449

23,711

RECONCILIATION OF FUNDS

Total funds brought forward

570,104

84,712

654,816

631,105

TOTAL FUNDS CARRIED FORWARD

838,999

87,266

926,265

654,816

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

31/3/26

31/3/25

Notes

£

FIXED ASSETS

Tangible assets

15

9,927

8,564

CURRENT ASSETS

Debtors

16

119,875

72,803

Cash at bank and in hand

833,977

606,402

953,852

679,205

CREDITORS

Amounts falling due within one year

17

(37,514

)

(32,953

)

NET CURRENT ASSETS

916,338

646,252

TOTAL ASSETS LESS CURRENT

LIABILITIES

926,265

654,816

NET ASSETS

926,265

654,816

FUNDS

19

Unrestricted funds:

General fund

323,999

383,499

Development Fund

515,000

175,000

Designated fund; Digital Inclusion

-

11,605

838,999

570,104

Restricted funds

87,266

84,712

TOTAL FUNDS

926,265

654,816

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.

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 audited under the requirements of Section 145 of the Charities Act 2011.

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 13 October 2026 and were signed on its behalf by:

D Eagle - Trustee

A Jackson - Trustee

Cash flows from operating activities

Cash generated from operations

1

223,779

67,553

Net cash provided by operating activities

223,779

67,553

Cash flows from investing activities

Purchase of tangible fixed assets

(5,129

)

(2,653

)

Interest received

8,925

19,037

Net cash provided by investing activities

3,796

16,384

Change in cash and cash equivalents in

the reporting period

227,575

83,937

Cash and cash equivalents at the

beginning of the reporting period

606,402

522,465

Cash and cash equivalents at the end of

the reporting period

833,977

606,402

1.	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

31/3/26

31/3/25

£

Net income for the reporting period (as per the Statement of Financial

Activities)

271,449

23,711

Adjustments for:

Depreciation charges

3,766

2,582

Interest received

(8,925

)

(19,037

)

(Increase)/decrease in debtors

(47,072

)

43,960

Increase in creditors

4,561

16,337

Net cash provided by operations

223,779

67,553

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/25

Cash flow

At 31/3/26

£

Net cash

Cash at bank and in hand

606,402

227,575

833,977

606,402

227,575

833,977

Total

606,402

227,575

833,977

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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) '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.

Critical accounting estimates and judgements

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.

There are no critical judgements, significant assumptions concerning the future and key sources of uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The charity will continue with the planned growth of unrestricted fundraising and retail income, to support the core operating costs.

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 below.

Charitable expenditure is made up of those costs incurred in the delivery of its activities to 'Enable older people'. It includes both costs which can be directly allocated to activities and those of an indirect nature necessary to support them. Indirect staff and overhead costs are allocated to activities on the basis of staff time spent on those activities.

Fund-raising costs comprise the costs actually incurred in delivering fund-raising events and running the charity's online shop.

Influencing Policy & Practice costs relate to the running of the charity and are of a nature whereby they cannot be allocated to any one activity or fund. Governance costs, which have been incurred in connection with compliance with constitutional and statutory requirements, are included here.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Tangible fixed assets over £500 are capitalised and depreciated on a straight-line basis at the following rates:

Computer equipment

- 25%

Fixtures & fittings

- 20%

Taxation

As a registered charity, the company benefits from rates relief and is generally exempt from corporation tax but not VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Fund accounting

Unrestricted funds are donations and other income received or generated for the objects of the charity without further specified purpose and are available as general funds.

The Designated fund includes funds which have been set aside by the trustees to enable the charity to sustain services in the future when funding may not be available or deficient and to meet any current contractual obligations that may arise.

The Designated fund - Digital Explorer includes income received from a legacy. This has been set aside by the trustees to meet the costs of a digital inclusion programme in the Redcar and Cleveland area.

Restricted funds are those to be used for specific purposes as laid down by the donor.

Pensions

The company contributes into an employee's personal pension plan. Contributions payable for the year are charged in the Statement of Financial Activities.

2.	DONATIONS AND LEGACIES

Restricted

Unrestricted

31/3/26

31/3/25

£

Donations

-

51,495

44,.190

Legacy

-

341,328

16,000

Grants to support core expenditure

-

5,000

-

397,823

65,190

3.	OTHER TRADING ACTIVITIES

31/3/26

31/3/25

£

Fundraising income

65,391

18,256

Retail income

87,761

81,056

Age UK Support

7,500

Miscellaneous

10,555

7,549

Lasting Power of Attorney fees

-

1,200

171,207

115,561

4.	INVESTMENT INCOME

31/3/26

31/3/25

£

Deposit account interest

8,925

19,037

5.	INCOME FROM CHARITABLE ACTIVITIES

Restricted

Unrestricted

31/3/26

31/3/25

£

Health & Wellbeing

391,947

-

391,947

382,476

Advice & Information

112,667

-

112,667

110,843

504,614

-

504,614

493,319

A breakdown of income and funders is included at note 19.

6.	RAISING DONATIONS AND LEGACIES

31/3/26

31/3/25

£

Fund-raising costs

38,203

8,839

7.	OTHER TRADING ACTIVITIES

31/3/26

31/3/25

£

Staff costs

40,349

25,829

Other retail costs

47,531

33,611

Depreciation

382

-

88,262

59,440

8.	CHARITABLE ACTIVITIES COSTS

Influencing

Policy and

Practice

Enabling Older People

Total

Health &

Wellbeing

Advice &

Information

2026:

£

Staff costs

176,365

285,045

79,022

540,432

Project costs

-

3,296

-

3,296

Advertising

3,363

53

-

3 416

Property costs

26,882

11,637

-

38 519

Travel costs

1,573

8,627

1,160

11,360

Office costs

31,258

2,291

1,380

34,929

Professional & consultancy fees

1,493

23,934

-

25,427

Miscellaneous costs

4,025

25

11

4,061

Depreciation

1,238

2,146

-

3,384

Support costs re-allocated:

- Staff costs

(62,078

)

41,603

20,475

-

- Administrative costs

(28,140

)

18,859

9,281

-

Governance costs:

- audit fees

3,000

-

3,000

- accountancy fees

5,040

-

5,040

- staff costs

9,975

-

9 975

- administrative costs

1,816

-

1,816

175,810

397,516

111,329

684,655

2025:

£

Staff costs

148,306

256,434

65,293

470,033

Grants paid

-

324

-

324

Project costs

2,434

883

-

3,317

Advertising

2,599

360

-

2,959

Property costs

23,362

6,355

-

29,717

Travel costs

1,045

10,696

1,297

13,037

Office costs

34,833

2,273

1,197

38,303

Professional & consultancy fees

2,800

15,300

-

18,100

Miscellaneous costs

2,782

2

-

2,784

Depreciation

852

1,730

-

2,582

Support costs re-allocated:

- staff costs

(66,041

)

49,937

16,105

-

- administrative expenses

(31,487

)

23,808

7,678

-

Governance costs:

- audit fees

2,750

-

2,750

- accountancy fees

5,040

-

5,040

- legal fees

1,080

-

1,080

- staff costs

9,500

-

9,500

- administrative expenses

1,591

-

1,591

141,446

368,100

91,570

601,116

9.	GRANTS PAYABLE

31/3/26

31/3/25

£

Health & Wellbeing

-

324

No grants were paid to institutions during 2025/26 and 2024/25.

The above grants were paid to individuals during the year.

10.	SUPPORT COSTS

Details are included at note 8.

11.	NET INCOME/(EXPENDITURE)

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

31/3/26

31/3/25

£

Auditors' remuneration

3,000

2,750

Auditors' remuneration for non audit work

8,400

Depreciation - owned assets

3,766

2,582

12.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025.

13.	STAFF COSTS

31/3/26

31/3/25

£

Wages and salaries

520,632

461,108

Social security costs

61,161

36,664

Other pension costs

8,961

7,593

590,754

505,365

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

31/3/26

31/3/25

Management and Administration

6

Project and support staff

17

15

23

21

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

14.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

65,190

-

65,190

Charitable activities

Health & Wellbeing

-

382,476

Advice & information

-

110,843

Other trading activities

115,561

-

115,561

Investment income

19,037

-

19,037

Total

199,788

493,319

693,107

EXPENDITURE ON

Raising funds

Raising donations and legacies

8,839

-

8,839

Other trading activities

59,440

-

59,440

68,279

-

68,279

Charitable activities

Influencing Policy & Practice

141,447

-

141,447

Health & Wellbeing

4,395

363,705

368,100

Advice & information

-

91,570

Total

214,121

455,275

669,396

NET INCOME/(EXPENDITURE)

(14,333

)

38,044

23,711

Transfers between funds

(1,108

)

1,108

-

Net movement in funds

(15,441

)

39,152

23,711

RECONCILIATION OF FUNDS

Total funds brought forward

585,545

45,560

631,105

TOTAL FUNDS CARRIED FORWARD

570,104

84,712

654,816

15.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025

81,770

Additions

5,129

At 31 March 2026

86,899

DEPRECIATION

At 1 April 2025

73,206

Charge for year

3,766

At 31 March 2026

76,972

NET BOOK VALUE

At 31 March 2026

9,927

At 31 March 2025

8,564

16.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Trade debtors

106,166

60,471

Prepayments

13,709

12,332

119,875

72,803

17.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Trade creditors

8,906

8,639

Social security and other taxes

12,437

8,695

Other creditors

1,955

6,463

Accruals and deferred income

14,216

9,156

37,514

32,953

18.	ANALYSIS OF NET ASSETS BETWEEN FUNDS

31/3/26

31/3/25

Unrestricted

Restricted

Total

funds

£

Fixed assets

5,750

4,177

9,927

8,564

Current assets

870,763

83,089

953,852

679,205

Current liabilities

(37,514

)

-

(37,514

)

(32,953

)

838,999

87,266

926,265

654,816

19.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At 1/4/25

in funds

funds

At 31/3/26

£

Unrestricted funds

General fund

383,499

275,680

(335,180

)

323,999

Development Fund

175,000

-

340,000

515,000

Designated fund; Digital Inclusion

11,605

(6,785

)

(4,820

)

-

570,104

268,895

-

838,999

Restricted funds

Middlesbrough I&A; various funders

10,108

(3,640

)

-

6,468

Henry Smith; Hartlepool Welfare Benefits

8,049

(1

)

-

8,048

Digital Support Services

-

6,203

-

6,203

Redcar & Cleveland BC - Digital Explorer

-

27,060

-

27,060

Middlesbrough BC; Recover Project

18,600

(18,600

)

-

The National Lottery, Reaching

Communities; Carers Connect

6,910

1,576

-

8,486

Middlesbrough BC; Dementia Advisor

Service

4,968

(791

)

-

4,177

Hedley Foundation - Reconnect

-

2,501

-

2,501

Mindfulness in the form of Art

3,063

(2,218

)

-

845

Coop Local Community Fund; Loftus

Gardening

2,874

(360

)

-

2,514

MFC Foundation Warm Spaces; Stronger

Together

1,410

(1,410

)

-

Sport England; Fitness and Friendship

8,498

(7,422

)

-

1,076

MBC Carers; Complimentary Therapy

4,823

(4,823

)

-

Age Without Limits; Silent Disco

500

(500

)

-

The National Lottery, Awards for All;

Information & Advice

14,909

4,979

-

19,888

84,712

2,554

-

87,266

TOTAL FUNDS

654,816

271,449

-

926,265

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

577,955

(302,275

)

275,680

Designated fund; Digital Inclusion

-

(6,785

)

(6,785

)

577,955

(309,060

)

268,895

Restricted funds

Phoenix Project

28,900

(28,900

)

-

Stockton-on-Tees BC; Better Health Better

Wealth

69,309

(69,309

)

-

Redcar & Cleveland BC; Befriending

51,133

(51,133

)

-

Middlesbrough Welfare Benefit & Debt

Advice

17,500

(17,500

)

-

Age UK; No Home For Loneliness

20,000

(20,000

)

-

Middlesbrough I&A; various funders

6,468

(10,108

)

(3,640

)

Age UK Eon Handyperson Scheme

13,560

(13,560

)

-

Age UK Eon Benefits Scheme

22,950

(22,950

)

-

Age UK North Tyneside; Older Offenders

3,600

(3,600

)

-

Middlesbrough BC; Befriending

20,000

(20,000

)

-

Henry Smith; Hartlepool Welfare Benefits

32,200

(32,201

)

(1

)

Digital Support Services

10,319

(4,116

)

6,203

Redcar & Cleveland BC - Digital Explorer

30,930

(3,870

)

27,060

Middlesbrough BC; Recover Project

-

(18,600

)

(18,600

)

The National Lottery, Reaching

Communities; Carers Connect

40,000

(38,424

)

1,576

Middlesbrough BC; Dementia Advisor

Service

52,370

(53,161

)

(791

)

Middlesbrough BC; Social Care Assessor

34,960

(34,960

)

-

Middlesbrough BC; Dementia HUB

Co-ordinator

19,338

(19,338

)

-

Percy Bilton Fund

2,088

(2,088

)

-

Hedley Foundation - Reconnect

3,500

(999

)

2,501

OPCCC - Befriending Service for DV

Victims

5,000

(5,000

)

-

Winter Warmth

500

(500

)

-

Mindfulness in the form of Art

-

(2,218

)

(2,218

)

Coop Local Community Fund; Loftus

Gardening

-

(360

)

(360

)

MFC Foundation Warm Spaces; Stronger

Together

-

(1,410

)

(1,410

)

Sport England; Fitness and Friendship

-

(7,422

)

(7,422

)

MBC Carers; Complimentary Therapy

-

(4,823

)

(4,823

)

Age Without Limits; Silent Disco

-

(500

)

(500

)

The National Lottery, Awards for All;

Information & Advice

19,989

(15,010

)

4,979

504,614

(502,060

)

2,554

TOTAL FUNDS

1,082,569

(811,120

)

271,449

Comparatives for movement in funds

Net

Transfers

movement

between

At 1/4/24

in funds

funds

At 31/3/25

£

Unrestricted funds

General fund

410,545

(25,938

)

(1,108

)

383,499

Development Fund

175,000

-

175,000

Designated fund; Digital Inclusion

-

11,605

-

11,605

585,545

(14,333

)

(1,108

)

570,104

Restricted funds

Middlesbrough I&A; various funders

-

10,108

-

10,108

Henry Smith; Hartlepool Welfare Benefits

8,049

-

8,049

Middlesbrough BC; Recover Project

19,500

(900

)

-

18,600

The National Lottery, Reaching

Communities; Carers Connect

-

6,910

-

6,910

Middlesbrough BC; Dementia Advisor

Service

6,698

(1,730

)

-

4,968

Mindfulness in the form of Art

-

3,063

-

3,063

Coop Local Community Fund; Loftus

Gardening

-

1,766

1,108

2,874

MFC Foundation Warm Spaces; Stronger

Together

-

1,410

-

1,410

Sport England; Fitness and Friendship

-

8,498

-

8,498

MBC Carers; Complimentary Therapy

-

4,823

-

4,823

Age Without Limits; Silent Disco

-

500

-

500

The National Lottery, Awards for All;

Information & Advice

-

14,909

-

14,909

CDCF; Respite Support

684

(684

)

-

Redcar & Cleveland Transport funding

1,137

(1,137

)

-

Elsie Pilkington Charitable Trust- Stronger

Together

2,378

(2,378

)

-

Sky Garden project

736

(736

)

-

Catalyst Stockton Travel fund

634

(634

)

-

Woodsmith; Redcar & Cleveland I & A

5,744

(5,744

)

-

45,560

38,044

1,108

84,712

TOTAL FUNDS

631,105

23,711

-

654,816

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

183,788

(209,726

)

(25,938

)

Designated fund; Digital Inclusion

16,000

(4,395

)

11,605

199,788

(214,121

)

(14,333

)

Restricted funds

Phoenix Project

27,500

(27,500

)

-

Stockton-on-Tees BC; Better Health Better

Wealth

69,311

(69,311

)

-

Redcar & Cleveland BC; Befriending

49,604

(49,604

)

-

Middlesbrough Welfare Benefit & Debt

Advice

17,500

(17,500

)

-

Middlesbrough I&A; various funders

16,500

(6,392

)

10,108

Age UK Eon Handyperson Scheme

12,360

(12,360

)

-

Middlesbrough BC; Hoarding

33,333

(33,333

)

-

Age UK North Tyneside; Older Offenders

3,600

(3,600

)

-

Middlesbrough BC; Befriending

20,000

(20,000

)

-

Henry Smith; Hartlepool Welfare Benefits

32,200

(32,200

)

-

Middlesbrough BC; Recover Project

18,600

(19,500

)

(900

)

The National Lottery, Reaching

Communities; Carers Connect

40,000

(33,090

)

6,910

Middlesbrough BC; Dementia Advisor

Service

50,376

(52,106

)

(1,730

)

Middlesbrough BC; Social Care Assessor

36,734

(36,734

)

-

Winter Warmth

2,350

(2,350

)

-

Mindfulness in the form of Art

3,770

(707

)

3,063

Coop Local Community Fund; Loftus

Gardening

1,856

(90

)

1,766

MFC Foundation Warm Spaces; Stronger

Together

1,707

(297

)

1,410

Sport England; Fitness and Friendship

8,687

(189

)

8,498

MBC Carers; Complimentary Therapy

4,823

-

4,823

Age Without Limits; Silent Disco

500

-

500

The National Lottery, Awards for All;

Information & Advice

19,999

(5,090

)

14,909

CDCF; Respite Support

-

(684

)

(684

)

Redcar & Cleveland Transport funding

-

(1,137

)

(1,137

)

Elsie Pilkington Charitable Trust- Stronger

Together

-

(2,378

)

(2,378

)

Sky Garden project

-

(736

)

(736

)

Catalyst Stockton Travel fund

-

(634

)

(634

)

Woodsmith; Redcar & Cleveland I & A

12,284

(18,028

)

(5,744

)

R&C BC Older Peoples Partnership

6,979

(6,979

)

-

Durham University

2,346

(2,346

)

-

Tees Valley Rural Action; Ormesby Good

Neighbour

400

(400

)

-

493,319

(455,275

)

38,044

TOTAL FUNDS

693,107

(669,396

)

23,711

20.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2026.

21.	ULTIMATE CONTROLLING PARTY

The Charity is under the control of the Board of Trustees.

22.	STATUTORY INFORMATION

Age UK (Teesside) Limited is a company limited by guarantee and has no share capital.

The company is registered in England and Wales and its registered number and office address can be found within the 'Reference and Administrative Details' of the Report of the Trustees.