ALONE’s Financial Statements outline the finances of ALONE for each year to provide transparency for funders and donators. These documents serve an important purpose in ensuring accountability regarding the organisation’s finances. They provide a detailed account of ALONE’s financial activities over the year, including income, expenditures, assets, and liabilities. The documents help to guide financial planning and decision-making processes to ensure the sustainability and growth of ALONE’s services. They demonstrate how funds are managed and allocated and provide assurance that grants and donations are being used effectively to support the organisation’s mission of helping older people live and age independently at home. ALONE’s financial statements are publicly available and are vital for maintaining transparency, supporting strategic decision-making, facilitating fundraising, ensuring compliance, communicating with stakeholders, and risk management.
In 2020, the key achievements highlighted included: maintenance of all governance standards and meetings during the pandemic, review of our governance by Grant Thornton, maintained risk governance frameworks and maintained the quality of service, and ensure sustainability of the organisation and its services.