THE REDBRIDGE RESPITE CARE ASSOCIATION Company Number . 02551338 Registration Charity Number . 1002873 ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
THE REDBRIDGE RESPITE CARE ASSOCIATION INDEX Page Reference and administrative information Trustees, Annual Report Independent examiner's report Statement of financial activities Balance Sheet qo Notes to the accounts 11-17
REDBRIDGE RESPITE CARE ASSOCIATION TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE INFORMATION Trustees and directors Sandra Flinn Ichairpersonl Patrick Bu Ilman Angela Evans David Jones (Treasurer} Barbara Wermerling Iresigned 16 October 20231 Keely Woods Pat Young Iresigned 16 October 20231 Company registration number 02551338 Registered Charity number 1002873 Registered off ice Respite House 48 Padnall Road Chadwell Heath Essex RM6 5BJ Website www.redbrid eres itecare.or Independent examiner Daniel Valentine, ACA, Begbies Chartered Accountants, U nit 14, Park Barn, Evegate Business Park, Simeeth Ashford TN25 65X Banlcers Natwest Bank- Chadwell Heath Branch
REDBRIDGE RESPITE CARE ASSOCIATION TRUSTEES, ANNUAL REPORT {INCORPORATING THE DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2024 The Trustees, who are also members and directors of the charitable company for the purposes of the Coinpanies Act, subtmit their annual report and accounts forthe year ended 31 March 2024. The Trustees confirm that the Annual Report and Accouiits have been prepared in accordance witli the accounting policies set out in Note I to tlie accounts and comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities,. Statement of Recommended Practice applicable to chorities preparing their occounts in accordance with the Finonciul Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 published on 16 July 2014. Objectives and activities for the public benefit The charitable company was incorporated on 24 October 1990 and became a registered charity on 10 Mav 1991. Its objective5 are to provide a service in support of persons suffering from mental illness who live in the London Borough of Redbridge and surrou nding local authorities by providing staff who will enable the relatives, friends and others who have the primary responsibility for supporting such persons to have temporary relief from their responsibilities on a regular basis aiid thereby to enhance the stability and quality of the living environment of such persons lill to relieve or assist in the relief of people who are suffering, have suffered, or are at risk of suffering from any form of mental illness by providing, or contributing to the provision of, such services as may, from time to time, be considered a ppropriate We employ fully trained support worl<ers who provide care and Information tailored to peoples, needs, which includes support at home and a day centre for people living with dementia. Our services are free of charge for Redbridge residents. For people living outside Redbridge, we provide services at competitive rates. We 5UPPOrt people with menta I health issues, including people living witli dementia, through personally targeted support, tailored to their needs, thus providiiig independence and well-being. We also provide respite services to the carers of people with mental health problems living in the community. The charity's trustees have complied with their duty in Section 17151 of the 2011 Cliarities Act to have due regard to public benef it guidance published by the Charity Commission, Organisation, Structure and Governance Redbridge Respite Care Association is a charitable company limited by guarantee. It is governed by its M emorandum and Articles of Association, The trustees and d irectors are listed on page I, The charitable company is managed by the Management Cornmittee which comprises all the trustees/directors and has the power to appoint trustees/directors at a ny time. The maximum number of committee member5 IS twelve and the minimum three. All members retire at every Annual General Meeting and are eligible for re-election, The charity's Service Manager also attends the Management Committee meetings.
REDBRIDGE RESPITE CARE ASSOCIATION TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2024 Chairper50n's Report We have completed another successful year despite some difficulties. It was agreed to put some of our reserve funds to good use and our treasurer wa5 asl<ed to find a suitable savings account or similar to achieve this result. Eventually he found a Liquidity Manager Account which would yield 1.61°A PA but would requ ire 35 days, notice if a withdrawal was iiecessary, so £15,000 was invested. We were lucky to receive fu nds f rom a local charity which ceased to function on the understand ing it was used for the benefit of Redbridge residents. Our successful application to our local Tesco Supermarket resulted in funding of £1,500. A coronation party was held on 15th May but was not as well attended as previous events, so we will have to think seriously aboutfunding this type of event in the future. A lunch and laughter club for lonely elderly residents of Barking and Dagenham where we are actually situated was begun and was very successful, A film afternoon was arranged and enjoyed by all who attended but proved very expensive and the charitv facilities we hired has since closed so unfortunately it seems unlikely we will be able to repeat it. Our Service's Ma nager has continued to book various activities for our clients including Fit 4 FLFn and Golfing sessions at a local facility. The Stronger Together project su pporting Carer5 has continued to attract funding for which we are very grateful. Last year we thought we might be issued with a compulsory purchase order but thank goodness this is no longer a threat as the local borough has decided to upgrade the adjoining premises as a youth facility which should be ready for use in late 2024 or early 2025 and we have been able to build a good relationship with those working on the site, Two Trustees and a Staff member attended a planning meeting. We realised it was necessary to update our Mem and Arts. And much time was spent in getting this right including updating the language to reflect changes in society. This took a lot longer than anticipated but the amended documents were agreed in the spring of 2024 along with a change of title from Chairman to Chairperson, and the necessary bodies were advised. One of our Trustee was able to log onto the new Cha¥ity Com mission Website, My Charity Account so hopefu Ily ou r continued contact will be successfu l in the future. Unfortunately, two Trustees stood down at the 2023 AGM and we are still trying to replace them but it is not easy tliese days as not many people can afford or have the time to do voluntary work, Staff training has continued to be updated as necessary including the appointing of fire Marshall's, The staff continL¢e to provide an outstanding service led by our Service's Manager who works very hard to provide an above average facility for our clients and those they care for. We give our thanks to them all and loo1< forward to providing another year of much needed respite to all the Carers who need thi5 facility.
REDBRIDGE RESPITE CARE ASSOCIATION TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2024 Service Manager's Report Redbridge Respite Care Association has had another successful year. Contiiiuing to provide respite and support to those who need it within our community and surrounding Boroughs. We continue to worl< closely alongside voluntary organisations, social prescribing teams, Redbridge support seNice, Age Ul<, GP surgeries, N ELFT, Social worl<ers and event orga nisers, As a charity we continue to receive a high number of referrals on a daily basis for our much-needed services. We still work closely with social prescribing teams a nd GPS who promote5 our services to their patients. Throughout the year we have attended several events promoting our Services to our local neighbourhood communities and surrounding boroughs. These events have been very successfu l and l<nowledgea ble. As a charity we continue to provide our service users, local authority, voluntary organisations, DRS and social prescribers our quarterly newsletter. These newsletters inform those receiving our service of upcoming events, trips, special days planned as well as advice, information and updated events. We attended an event hosted by lan Duncan smith MP Older people's fair at Sir Jaimes Hawkey Hall to promote our services and meet other organisations. We also attend the Nationa I Prescribing day at I Iford to celebrate the social prescribing team and to promote the services we provide. As a charity we hosted a l<ings Coronation party outside our Day centre to celebrate the coronation of our new King. This involved all our service users and local community. We provided a live singer, BBQ, cal<e stalls and raff les. This day was thoroughly enjoyed by all even though the weather was not on our side. To help with this party our local store Nisa donated a £500 to help with costs. We applied to Essex Community Fou ndation for grants to help us pu rchase an activity table for ou r service users. We were awarded £600 towards the cost and I'm very pleased to say we have purchased the table. This has made a huge impact on our service users iii the day centre as they can play games specially designed for dementia and they are on a large toucli screen, This helps build confidence, provides stimulation and helps keep their minds active. This year we attended a trip to Pollhill Garden centre in Kent. This was for all service users and carers to enjoy a day out that was Christmas themed. We also took service users and carers to the theatre to see Dolly Parton 9-5. This was enjoyed by all. We also attended Clacton-on-sea and Brighton, this was thoroughly enjoyed by both carers and services users. We are coiitinuing to worl< with New City College providing worl< placements for Health and Social care students. These placements give the students experience working alongside those with dementia and gives them confidence and experience they need to continue their education. Two new members of staff have been employed alongside three new volunteers to help those who need ou r services. Our Care 2 Care project that is funded by National Lottery is still successful and provides respite to 60 carers foryear one and 80 carers In year 2. This is beinE ruli by Gurprit and Deana and four support
REDBRIDGE RESPITE CARE ASSOCIATION TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 workers, Support workers who work on this project provide resplte once a week to those in peoples homes giving the carer tlie respite they so desperately need. This is a highly successful project and we receive numerous referrals f rom people wanting this service. Our Short-term Brea1< for people with dementia and mental health needs is funded by London Borough of Redbridge, this has successfully delivered 9,998 and 13,728 hours over the last year on respitel day centre. These hours have provided 8 much-needed respite for unpaid ca rers as well as provlding wellbeing su pport to ou r service users. The service continues to receive a high num ber of referrals daily. We have received an extension for l year from London Borough of Redbridge from I" February 2024 to 31"January 2025 Carers Unite funded by Awards for All, National Lottery; delivering monthly coffee mornings and drop-in sessions for carers became popular within the community. The venue was Ilford library being central to everybody i n Redbridge. On these coffee mornings we had several guest speakers attend giving advice and information on services in the borough, This project has now ended, and we are cu rrently looking for new funders to fund this coffee morning again. stronger Together project funded by City Bridge Trust, we provided the following: Over the last year we have recruited 5 Volunteers. Wednesdays fortnightly sing & socialise & Fortnightly wellbeing walks in the local area. We have had 45 Attendees a nd carers. Thu rsdays- Different activities for physical and mental health wellbeing. We have had 60 Attendees and carers. We have organised the following trips:. Boat trip, forest picnic, music hall theatre show, Cat café, cinema, bowling, afternoon tea, lunches out, farm visit and homing pigeon visit, crazy golf, Queen Elizabeth Hunting Lodge, Meadow Croft Christmas market, forest picnic and walks in tlie local area. We have delivered many different activities for our attendees a nd their carers, such as: Beauty session, Coronation party, maklng truff les, arts and crafts, mediation, therapy dog visit, theatre company performances, dementia friendly shows, a rmcha ir exercise, gardening, sewing, creative writing, celebrating birthdays, summer BBQ and party, Christmas party with a nursery choir, various board games and cultu re days a nd food tasting. We were awarded a grant from National lottery community fund for a social club called the Lunch & Laugliter Social club. This was for senior citizens livin8 in Barl(ing and Dagenham to attend once a week who were lonely, this would involve a home cool<ed lunch, provide activities, meet new friends and improve their Inental hea Ith and well-being a nd get them back into their community. This project has been very successful and in liigh demand. Attendees have now made long life friendships and now tall< and meet u p outside of the grou p. This project has allowed us to su pport 50+ senior citizens and help im prove their social, lives.
REDBRIDGE RESPITE CARE ASSOCIATION TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2024 We conti nue to fund raise through Redbridge Lottery and have so far raised £1,000 towards our charity. I would personally like to say a huge than1< you to all the staff and volunteers at Redbridge Respite Care Association for their continued passion and commitment to our charity. I would also lil<e to say a huge than1( you to Deana and Gurprit fortheir devotion and dedication for the charity by securiiig many funding applications throughout the year and delivering the Care2Care project. Th is has k)een a lifeline to carers and their loved ones. I would also lil(e to thank Kayley and her team delivering the Stronger Together project. This project has had a massive impact on both carers and service user lives. Thank you to the board of Trustees for their continued support a nd dedication towards the cha rity. Treasurer's Report Fortunately, our main funders, the London Borough of Redbridge, the National Lottery a nd the City Bridge Trust, have continued to 5UPPOrt U5. In addition, we receive minor support from the Redbridge Lottery and Pay-Pal giving. Occasionally, sma51 donations come ourway. With the benefit of our total funds, we have been able to continue to run respite services at the Day Centre, offering meals and activities; an Outreach service, offering support at home; and an Engaging service at a local church hall. For all three services, whilst a client is being entertained, then the carer 15 freed to do what they want, a double benefit. The third part of our makeup is of course our excellent staff, without with, we could not function. They express care, consideration and empathy to our clients. Not always easy with people suffering with dementia or Alzheimer's. Their remuneration is now tied to the London Living Wage index. Having supported my wife, in dealing with her mother, who succumbed to increasing dementia over four years before passing away. I have personally experienced the pa in and strain of lool(ing after a loved one. I am proud a nd pleased to volunteer my skills of administratioii and f inance to such an organisation. During the year the secretary and myself, actioned a complete overhaul of the organisation's Memorandum and Articles of Association. Thus, bringing tlie criteria and wording thoroughly up to date. The said document has been recorded to Companie5 House and the Charities Commissioners as required by statue. I had hoped to have had a replacement Treasurer before the end of the financial year, but that person has had a change of mind. l am obliged to complete this year. However, the receiit diagnosis that I have cataracts in both eyes means that I will be forced to stand down in the new yea r, Financial Review The charity recorded a surplus for the year of £15,116 compared to a surplus of £3,295 in the previous year. Total income increased by £60,957 or just over 230A, while total expenditure increased by £49,136 {19Y.I.
REDBRIDGE RESPITE CARE ASSOCIATION TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2024 Reserve5 Policv At the year-end the charity had total funds of £128,429 of which £57,040 are unrestricted and £71,389 are restricted. The trustees, policy on reserves Is to retain a Closure Reserve of £30,000 (representing funds earmarked to cover expendlture should the charlty be forced to cease operation) and a General Reserve equlvalent to three months operating costs Icurrently £75,000) to ensure an orderly winding down of services in the event funding was withdrawn. Rlsk management The trustees are responsible for identlfying the major risks to which the Charity is exposed and ensuring that Steps are taken to manage those risks. Trustee5' re5ponslbllltle5 in relatlon to the flnanclal statements The Trustees Iwho are also director5 for the purposes of company lawl are responsible for the preparation of the Annual Report and the financlal statements in accordance with UK Generally Accepted Accounting Practice IUK Accounting Standards and applicable lawl, The financial statements are required to give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity, including its income and expenditure, for that period. In preparing those financial statements, the Trustees are required to.. select suitable accounting policies and èpply them consistently • make Judgements and estimates that are reasonable and prudent observe the methods and principles in the Charitles SORP prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue operatlons. The Trustees are responslble for keeping proper accounting records whlch disclose with reasonable accuracy at any tSme the financial posltion of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for takSng reasonable steps for the prevention and detection of fraud and other Irregularities, The Trustees are responslble for the malntenance and integrity of the corporate and flnancial informatlon included on the charltable company's webslte. Leglslation In the UK governing the preparation and dissemination of f inancial Statements may dlffer from legislation in other jurisdictions. This report has been prepared in accordance with Accounting ond Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their occounts in accordance with the Financial Reporting Stondord applicable in the UK and Republic of Ireland (Charities SORP IFRS 10211 published on 16 July 2014 and in accordance with the special provisions of the Companies Act 2006 relating to small companiès Isection 4191211. sl This report was approved by the board on ...............................,.. . 2024 and signed on its behalf by.. Mrs5A Fllnn Chalrperson
THE REDBRIDGE RESPITE CARE ASSOCIATION Company reg no. 02551338. Registered Charity no. 1002873. INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 I report to the charity trustees on the accounts of the charitable company for the year ended 31 March 2024, which are set out on pages 9 to 17. Responsibilities and basis of report As Ihe charity's trustees of Ihe Gompany (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'i. 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 AGI 2011 Ilhe '2011 Acl'}. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{51(b) of the 2011 Act. Independent examiner's report I have completed my examination. I confirm that no matters have Gome 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 the accounts do not accord with those accountiiig records., or the accounts do not comply with the accounting requirements of section 396 of the 2006 Acl 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 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 lapplicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)]. 2) 3) 4) I have no concerns and have come across no other mallers in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Mr Daniel M Valentine ACA Begbies Chartered Accountants Unit 14, Park Barn Evegate Business Park Smeeth Ashford Kent TN25 6SX
THE REDBRIDGE RESPITE CARE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2024 Restricted Unrestricted Funds Funds Restricted Unrestricted Funds Funds 2024 2023 Note Income from: Donations and legacies Donations and gift aid Grants received 2,428 2,428 14,125 173,983 1,497 1,497 20,000 119,690 159,858 99,690 Charitable activities seICe$ provided Other- Interest received Miscellaneous income 144,787 144,787 138,995 138,995 141 141 200 200 Total income 159,858 161,481 321,339 99,690 160,692 260,382 Expenditure on: Raising funds Professional fund-raising costs Charilable activities 4,590 4,590 139,697 139,697 166,526 306,223 166,526 306,223 79,201 79,201 173,296 252,497 177,886 257,087 Total expenditure Net movement in funds 20,161 {5,045) 15,116 20,489 (17,194) 3,295 Reconciliation of funds: Total funds brought forward 51,228 62,085 113,313 30,739 79,279 110,018 Total funds carried fOard 71,389 57,040 128,429 51,228 62,085 113,313 The notes on pages 11 to 17 form part of these financial statements. The Statement of Financial Activities includes all gains and losses in the period. All income and expenditure derive from continuing activities.
THE REDBRIDGE RESPITE CARE ASSOCIATION Company reg no. 02551338. Registered Charity no. 1002873. BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes FIXED ASSETS: Tangible assets Inlangible assets 4,881 169 2,202 226 CURRENT ASSETS: Debtors Cash al bank and in hand 10 4,967 145,476 372 135,952 Tolal Current assets 150,443 136,324 LIABILITIES: Creditors: amounts falling due within one year.. 11 (27,064) {25,439) Nat current assels 123,379 110,885 NET ASSETS 128,429 113,313 THE FUNDS OF THE CHARITY: Restricted funds 13 71,389 51,228 Unrestricled fund5 Closure reseNe General reserve 13 30,000 27,040 30,000 32,085 57,040 62,085 TOTAL CHARITY FUNDS 13 128,429 113,313 The accounts have been prepared in accordance wilh the special provisions of Part 15 of the Companies Act 2006 relating to small enlilies. For the year in question the Gharilable company was enlitled lo exemplion frorn an audit under section 477 of Ihe Companies Act 2006. The members have not required the charitable company to obtain an audil of its accounts for Ihe year in question in accordance wllh Section 476 of the Act. The Irusleesldirectors acknowledge thelr responsibililies for complying with the requirements of the Companles Act 2006 with respect lo accounting records and the Pfeparalion of accounts. The financial statements were approved by the Trustees on 2024 and signed on their behalf. Mrs S A Fllnn - ChaSrperson The notes on pages 11 to 17 form part of these financial slalemenls. io
THE REDBRIDGE RESPITE CARE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 1. ACCOUNTING POLICIES The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding period. {al Basis of accounting and assessment of going concern The financial statements of the charity have been prepared in accordance with Accounling and R8POrting by Charilies.. Slalement of ReGomn7ended Practice applicable to chai-ities preparing Iheir accounts in accordance with the Financial Reporting Slaiidard applicable in the UK ai?d Republic of Ireland (Charities SORP {FRS 102)) published on 16 July 2014, the Fii?ai?ci81 Reportiiig Stai?dard applicable in Ihe UK ai?d Republic of Irelai?d {FRS 102) and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that Ihere are no material uncertainties about the charity's ability to Continue as a going concern. (bl Fund accounting Unrestricted funds are available for use at the discretion of Ihe Irustees in furtherance of the general objectives of the charity. Reslricled funds are subjected lo restrictions on their expenditure imposed by the donor or through the terms of grants. Further details can be found in note 13. {c) Income recognition All income is included in the statemenl of financial activities when the charily is entitled lo the income, it is proL)able that the income will be received and the amount can be quantified with reasonable accuracy. Voluntary income is received by way of grants, donations and gifts. Investment income is included when receivable. {dl Expenditure Liabilities are recognised as expendilure as soon as there is a legal or constructive obligation committing the charity to that expenditure, il is probable that selllemenl will be required and the amount of the obligation can be measured reliably. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure lo which it relates. Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities. It inGludes both costs that can be allocated directly lo such aGtivities and those costs of an indirect nature necessary to support them. Governance cosls include those costs associaled with meeting tlie constilulional and slalutory requirements of the charily and include the independent examiner's fees and Gosts linked to the slralegic management of the charity. 11
THE REDBRIDGE RESPITE CARE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 1. ACCOUNTING POLICIES CONTINUED {el Depreciation Depreciation has been computed to write off the cost lo residual value over their useful lives al the following rales'.- Intangible - website 250/0 per annum reducing balance Tangible - fixtures, fittings and equipmenl 25,/0 per annum reducing balance lfj Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. GRANTS RECEIVED Restricted Un restricted 2024 Restricted Unrestricted 2023 City Bridge Trust Essex Community Foundation Garfield Weston Foundation Inman Charity, The London Catalyst Making a Difference Locally National Lottery Community Fund Care 2 Care Project Lunch and Laughter Social Club Redbridge Voluntary Care Tesco Community grant 61,905 600 61,905 600 57,785 57,785 20,000 20,000 5,000 5,000 2,800 500 2,800 500 84,553 10,000 84,553 10,000 7,500 7,500 1,125 1,125 14,125 173,983 41,905 41,905 159,858 99,690 20,000 119,690 INCOME FROM CHARITABLE ACTIVITIES Services supplied under Gontractual arrangements London Borough of Redbridge Other services Restricted Unrestricted 2024 Restricted Unrestricted 2023 130,423 130,423 14,364 14,364 144,787 144,787 130.849 130,849 8,146 8,146 138,995 138,995 12
THE REDBRIDGE RESPITE CARE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 EXPENDITURE ON CHARITABLE ACTIVITIES 2024 2023 Wages and salaries (note 5) Pension provider costs Payroll services Staff travel staff training Recruitment Client care Cleaning Renl Business and water rates Light and heat Telephone other premises expenses Insurance Printing, postage and slalionery Maintenance and equipment Subscriptions Computer and software costs Website costs Marketing and advertising Bank interest and charges Sundry expenses Depreciation Amortisation 231,265 331 3,623 5,227 2,448 192,818 317 3,588 3,485 2,016 60 16,677 901 13,200 887 1,133 779 729 2,028 2,860 163 457 847 905 87 355 2,592 734 76 23,642 638 13,200 1,032 2,865 1,145 520 2,148 1,296 1,934 580 201 1,080 269 6,595 1,627 57 301,723 247,694 Govei'nance costs: Accountancy & independent examiner's fees 4,500 4,803 306,223 252,497 Allocated as following: Restricted Unrestricted 139,697 166,526 79,201 173,296 306,223 252,497 EMPLOYEES 2024 2023 Gross salaries Social security costs (less Employment Allowance) Pension costs 221,129 6,907 3,229 231,265 185,906 4,459 2,453 192,818 The charity had 20 employees during the year lo 31 March 202412023.. 18 employees) No employee received employee benefits of more than £60,00012023'. nil). 13
THE REDBRIDGE RESPITE CARE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 TAXATION As a charity, The Redbridge Respite Care Association is exempt from lax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to ils charitable objects. No lax charges have arisen in the Charity12023'. nil). TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS The trustees consider they Gomprise the key management personnel of the charity in Gharge of directing and conti-olling, running and operating the charity on a day to day basis. None of the trustees reGeived remuneration or were reimbursed expenses during the year (2023.. no trustee and £nil of expenses). There were no other related party transactions. TANGIBLE ASSETS Fixtures, fittings & equipment COST At 1 April 2023 Additions 22,698 4,306 At 31 March 2024 27,004 DEPRECIATION At 1 April 2023 Charge for the year At 31 March 2024 20,496 1,627 22,123 NET BOOK VALUE At 31 March 2024 4,881 At 31 March 2023 2,202 INTANGIBLE ASSETS Website COST At 1 April 2023 At 31 March 2024 2,040 2,040 DEPRECIATION Al 1 April 2023 Charge for the year At 31 March 2024 1,814 57 1,871 NET BOOK VALUE At 31 March 2024 169 At 31 March 2023 226 14
THE REDBRIDGE RESPITE CARE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 10. DEBTORS 2024 2023 Debtors Prepayments and accrued income 908 4,059 4,967 36 336 372 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Staff pensions Accruals 846 26,218 27,064 688 24,751 25,439 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 2023 Unrestricted Restricted Funds Funds Total Unrestricted Restricted Funds Funds Funds Total Funds Fixed assets Net current assets 5,050 51,990 57,040 5,050 123,379 128,429 2,428 59,857 62,085 2,428 110,885 113,313 71,389 71,389 51,228 51,228 15
THE REDBRIDGE RESPITE CARE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 13. MOVEMENT IN FUNDS At 1 April 2023 At 31 March 2024 Income Expenditure Transfers Restricted funds: City Bridge Trust Essex Community Foundatioii National Lottery Community Fund Care 2 Care Project Lunch and Laughter Social Club London Catalyst House fund 7,250 61,905 600 140,7551 16001 28,400 36,667 84,553 10,000 2,800 (85,220) {6,500) {2,800) 3,822 36,000 3,500 7,311 3,489 51,228 159,858 {139,697 71,389 Unrestricted funds: Closure reserve General reserve 30,000 32,085 62,085 113,313 30,000 27,040 57,040 128,429 161,481 161,481 321,339 1166,5261 (166,526 1306,223 Al 1 April 2022 Al 31 March 2023 Income Expenditure Transfers Restricted funds.. City Bridge Trust National Lottery House fund 14,839 57,785 41,905 165,374) (5,2381 8,589 7,250 36,667 7,311 15,900 30,739 99,690 (79,201 51,228 Unrestricted funds.. Closure reseNe General reserve 30,000 49,279 79,279 110,018 30,000 32,085 62,085 113,313 160,692 160,692 260,382 (177,886) (177,886) 257,087) City Bridge Trust - towards the costs of a pll Family Liaison Officer and pll Wellbeing Support Worker and associated project costs to deliver an empowering wellbeing service to carers and people with dementia in Redbridge. National Lottery Community Fund Care 2 Care - funding for a project which offers respite to carers, to enable them to feel secure knowing their loved one is cared for at home allowing them lo go out aiid meet friends, get back lo their hobbies and interests and take much needed respite for themselves. National Lottery Community Fund Lunch & Laughter Social Club - funding to run a weekly lunch club for older people who are experiencing loneliness. The project aims to provide a warm space for people lo come together and build friendship. Essex Community Fund funding for an activity table. London Catalyst - funding for Treasured memories - support for unpaid carers. House fund private donation to be spent on service users and their daily activities. 16
THE REDBRIDGE RESPITE CARE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 14. LIMITED BY GUARANTEE AND REGISTERED OFFICE The charity is a company limited by guarantee registered in England and Wales. The registered office is.. Respite House, 48 Padnall Road, Chadwell Heath, Essex, RM6 5BJ. Every member promises, if the charity is dissolved while he, she or it remains a member oi. within 12 months aftewai'ds, to pay up to £1 towards the costs of dissolution and the liabilities incurred by the charity while the contributor was a member. 17