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2023-03-31-accounts

Charity Registration No. 1013152

Company Registration No.02722484 (England and Wales)

CARING CONNECTIONS LIMITED

(A company limited by guarantee)

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR

THE YEAR ENDED 31 MARCH 2023

CARING CONNECTIONS LIMITED (A company limited by guarantee)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees:

J W Wild E Titley M A Richmond K Zwolinski P Neilson-Holding

Charity number: 1013152 (England and Wales) Company number: 02722484 (England and Wales) Registered office : The Ashcroft Centre, Unit 15 Ashcroft Road Knowsley Merseyside L33 7TW

Auditors:

John Kerr Statutory Auditors Chartered Accountants 375 Eaton Road West Derby Liverpool Merseyside L12 2AH

CARING CONNECTIONS LIMITED (A company limited by guarantee)

CONTENTS

Page
Trustees'report 1- 5
Report of the Independent Auditors 6-9
Statement of financial activities 10
Balancesheet 11
Statement of cashflows 12
Notes to the financial statements 13-21

CARING CONNECTIONS LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023

The trustees, who are the directors for the purpose of company law, present their annual trustees' report with the financial statements of the charitable company for the year ended 31 March 2023 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes. The legal and administrative information set out at the beginning of the Annual Report forms part of this report.

The financial statements comply with the Memorandum and Articles of Association, the Companies Act 2006 and 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) issued in October 2019.

Our purposes, objectives and activities

Caring Connections Limited is a registered charity, specializing in the delivery of care and support services across Merseyside. The charity is a registered provider with the Care Quality Commission and on the contracted framework with alI Merseyside local authorities.

Alongside the commitment of 'connecting people to the highest quality of care' Caring Connections is also dedicated to the delivery of projects which support the ethos of 'improving the lives of local people'. These projects work to reduce social isolation and improve the health and wellbeing of local people across the Liverpool City Region.

Services provided include:

The central activity is the provision of home care services to older people with the central ethos of "Connecting People to the highest quality of care".

The trustees have paid due regard to guidance issued by the Charity Commission on public benefit, including the guidance 'public benefit: running a charity' (PB2) in deciding what activities the charity should undertake. Affordability and access to our services is important to us and is reflected in our pricing policies.

Achievements, performance and plans for the future

Home Care Provision

Caring Connections delivered over 148,000 hours of domiciliary care across the Liverpool City Region and Cheshire. The service supports approximately 250 people / families every day through our social care provision.

The charity specialises in the provision of CQC registered personalised home care to vulnerable adults across deprived communities. As a service we support adults with long term conditions including physical disabilities, dementia, mental health and addiction.

1

CARING CONNECTIONS LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (Continued) FOR THE YEAR ENDED 31 MARCH 2023

The central aim of the service is the reduction of social isolation and the promotion of independence. The service delivered contracted services to the following statutory bodies:

Counselling Services

Services Feedback Comments

‘I have received counselling from you with a recent bereavement. I have found that it has been very helpful and a huge benefit. I am very grateful that your service is available as I would be unable to afford to pay privately. I have found it a lifeline as I was feeling very isolated and was not sure where to turn. But with your help I am now feeling much better and feel more confident to get out and meet people.’

‘I came to counselling as I was struggling with the loss of my dad and I needed someone to help and to listen to me. From the first moment my therapist was great, always attentive, never judgemental and helped me with coping strategies to get me through such a difficult time. Looking back on it now I do not know how I would have got to where I am without the support.’

‘Grief Counselling has helped me so incredibly much the few months we worked together. The counsellor helped me and gave me the tools I needed and the awareness to deal with my very dark emotional days and the wonderful reminder that I keep on surviving them and have the power in me to keep on surviving more that come my way.’

Homelessness Support

2

CARING CONNECTIONS LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (Continued) FOR THE YEAR ENDED 31 MARCH 2023

Wellbeing Services

Employment

Accolades

Financial Review

Reserves Policy

3

CARING CONNECTIONS LIMITED (A company limited by guarantee) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (Continued) FOR THE YEAR ENDED 31 MARCH 2023

Funding Sources.

The trustees are extremely grateful to all those who have provided funding either directly or via donations. The charity is only able to provide excellent care support thanks to the funding it receives.

Risk management

The trustees have a risk management strategy in place that includes:

The risk management exercise focuses on all areas of risk including non-financial. The exercise also addresses issues around the recruitment and retention of staff, together with appropriate remuneration scales to enable the Charity to continue to be the first choice of local people wanting to work in the care sector.

Future plans

The organisation is seeking to expand its social care provision, charitable services and build support for individuals affected by bereavement. As an organisation we seek to invest in initiatives that improve staff morale and improve the quality of the front-line care services. We have set further targets of improving our staff numbers and.increasing our reach across the North West in terms of our care services.

Key developments include:

Governance

Caring Connections Limited was registered as a charity by the Charity Commission for all purposes in June 1992 (certificate number 1013152).

Caring Connections Limited is a company limited by guarantee, as defined by the Companies Act 1985. The Charity is governed by its Memorandum and Articles of Association which define its aims, objectives, duties and responsibilities.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

The Reverend Canon J A Stanley (resigned 12 June 2023)

Mr J W Wild

Mrs E Titley: Chair

Ms T C O'Shaughnessy (resigned 12 June 2023)

Ms L Rogan (resigned 11 January 2023)

Mr M A Richmond

K Zwolinski (appointed 12 June 2023)

Mr P Neilson-Holding (appointed 30 November 2023)

Appointment of trustees

As set out in the Articles of Association, Trustees are appointed by members at the Annual General Meeting of the Charity. Trustees may at their discretion admit individuals or organisations to membership, providing they have paid any annual subscription if appropriate. The Board of Trustees may appoint a person who is willing to act to be a Trustee, either to fill a casual vacancy or as an additional Trustee.

4

CARING CONNECTIONS LIMlTED

(A company limited by guarantee) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (Continued) FOR THE YEAR ENDED 31 MARCH 2023

Organisational structure

The Board of Trustees administers the Charity. The Board meets bi-monthly and more frequently if required. The Charity is subject to inspections by the Care Quality Commission (CQC) and local authority contractors.

The Charity is also required to provide monitoring information to its funders in relation to charitable activities in which we had to provide project monitoring / grant end reports.

CQC concern themselves with ensuring that the quality of care provided by our charity meets government standards of quality and safety. As an organisation we strive to reach excellent standards in CQC audits.

Public benefit

The Charity exists to provide services to members of the public with care needs and also for carers. This support enables people to live fulfilling lives as part of their local community. Without this support their own health and wellbeing may suffer as may the carers' health and wellbeing. It is part of our ethos to develop services to meet the changing needs of people with care needs and their carers and to be responsive to requests for support. Any surplus generated from the provision of our services is reinvested in improving the service we deliver.

Trustees' responsibilities in relation to the financial statements

The charity trustees (who are also the directors for the purposes of company law) are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires that the charity 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 company and of its income and expenditure for the year . In preparing the 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;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue on that basis.

The trustees are responsible for keeping proper accounting records that 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement as to disclosure of information to auditors

So far as the trustees are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and they have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The trustee’s report was approved by the Board of Trustees and signed on their behalf by:

Mrs E Titley

Trustee Dated:

5

CARING CONNECTIONS LIMITED (A company limited by guarantee)

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CARING CONNECTIONS LIMITED

Opinion

We have audited the financial statements of Caring Connections Limited ('the charitable company') for the year ended 31 March 2023 which comprise the Statement of Financial Activities, Balance Sheet, Statement of Cash Flows 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, including FRS 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:

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 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 12 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.

6

CARING CONNECTIONS LIMITED

(A company limited by guarantee)

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CARING

CONNECTIONS LIMITED (CONTINUED)

Other information

The other information comprises the information included in the annual report, including the trustees' 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 the audit:

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

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company 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:

7

CARING CONNECTIONS LIMITED (A company limited by guarantee) REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CARING

CONNECTIONS LIMITED (CONTINUED)

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement in the trustees' report, 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 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 company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

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.

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:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations was as follows:

we ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

we identified the laws and regulations applicable to the charitable company through discussions with trustees;

we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the charitable company;

we assessed the extent of compliance with the laws and regulations identified above through making enquiries of the trustees and reviewing supporting documentation; and identified laws and regulations were communicated within the audit team regularly and the team remained alert to any indications of fraud or noncompliance with laws and regulations throughout the audit,

8

CARING CONNECTIONS LIMITED (A company limited by guarantee)

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CARING

CONNECTIONS LIMITED (CONTINUED)

We assessed the susceptibility of the charitable company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

making enquiries of the trustees as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

In addition to the above, our procedures to respond to identified risks included reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with relevant laws and regulations discussed above.

There are inherent limitations in the audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that auditors would become aware of noncompliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or 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 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.

David Glover FCA (Senior Statutory Auditor)

For and on behalf of John Kerr

Statutory Auditor Chartered Accountants

375 Eaton Road West Derby Liverpool L12 2AH 

9

CARING CONNECTIONS LIMITED (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted Restricted Total Total
funds funds funds funds
Notes 2023 2023 2023 2022
Income: £ £ £ £
Donations, grants and legacies 3 156,109 91,391 247,500 353,390
Charitableactivities 4 2,713,363 2,713,363 858,005
Total Income 2,869,472 91,391 2,960,863 1,211,395
Expenditure:
Charitable activities 5 2,802,096 119,407 2,921,503 1,167,727
Other - interest payable 9 3,632 3,632 10,378
Total expenditure 2,805,728 119,407 2,925,135 1,178,105
Net income/ (expenditure)and
net movementin funds for year 63,744 (28,016) 35,728 33,290
Reconciliation of funds
Total funds brought forward 2,586 68,432 71,018 37,728
Total funds carried forward 66,330 40,416 106,746 71,018

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

10

CARING CONNECTIONS LIMITED (A company limited by guarantee)

Company Registration No. 02722484

BALANCE SHEET

AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Liabilities
Creditors falling due within one year
12
Net current assets
Total assets less current liabilities
Creditors falling due after more
than one year
13
Netassets
The Funds of the charity
Unrestricted income funds
Restricted income funds
Total charity funds
18		 2023
£
265,867
194,451
£
14,297
135,176
149,473
(42,727)		 2022
£
132,235
127,012		 £
6,064
126,396
132,460
(61,442)
460,318
(325,142)		 259,247
(132,851)
106,746 71,018
66,330
40,416		 2,586
68,432
106,746 71,018

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by

E Titley Trustee 

11

CARING CONNECTIONS LIMITED (A company limited by guarantee)

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2023

Notes
Cash generated by operations
16
Cash absorbed by investing activities
Purchases of fixed assets
Financing activities
Proceeds from borrowings
Repayment of borrowings
Net cash generated from/ (used in)
financing activities
Increase/ (decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2023
£
(18,715)		 2022
£
£
96,643
(10,489)
50,000
(4,355)
(18,715)
67,439
127,012
194,451		 £
64,360
(5,854)
45,645
104,151
22,861
127,012 
12

CARING CONNECTIONS LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1 Status

Caring Connections Limited is a private company, limited by guarantee incorporated in England and Wales under company number 02722484.The registered office address is The Ashcroft Centre, Unit 15,Ashcroft Road, Knowsley, Merseyside, L33 7TW.

1.1 Basis of preparation

The financial statements have been prepared in accordance with 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) issued in October 2019, the Financial Reporting Standard applicable in the UK and republic of Ireland (FRS 102) and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Caring Connections Limited meets the definition of a Public Benefit Entity under FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity.

1.2 Going concern

The Trustees have reviewed the immediate impact of the Coronavirus pandemic which has had an impact on fundraising streams and the costs of delivering services.

At the time of approving the accounts the Trustees consider that the charity has adequate reserves and revenue streams to continue in operational existence for the foreseeable future. The Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Charitable funds

Restricted funds are funds to be used in accordance with specific restrictions imposed by the fund providers. Unrestricted funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects.

1.4 Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the items(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably. The value of services provided by volunteers has not been included in these accounts.

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.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount can be measured reliably.

1.6 Tangible fixed assets

Fixed assets are stated at costs less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures and fittings - 20% per annum on the reducing balance Computers - 25% per annum

1.7 Pensions

The charity operates defined contribution pension schemes. Contributions payable to the charity's pension schemes are charged to the statement of financial activities in the period to which they relate.

14

CARING CONNECTIONS LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2023

2 Critical accounting estimates and judgement

In the application of the charitable company'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.

3 Donations and legacies

Donations and gifts
Grants		 Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
2023
2023
2023
2022
£
£
£
£
45,195
156,109
91,391
247,500
308,195
156,109
91,391
247,500
353,390

4 Charitable activities

Charitable activities
2023 2022
£ £
Services provided under contract 2,713,363 858,005 
15

CARING CONNECTIONS LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued)

FOR THE YEAR ENDED 31 MARCH 2023

5 Charitable activities expenditure

Staff costs
Depreciation
Rents
Travel & subsistence
Other staff costs
Computing
Printing, postage and stationery
Telecommunication expenditure
Equipment hire
Repairs & renewals
Insurances
Subscriptions
Legal & professional
Bad and doubtful debts
Pension fines
Other operating expenses
Advertising and promotional costs
Utilities
Share of governance costs (see note 6)		 Unrestricted
funds
2023
£
Restricted
funds
2023
£
Total
funds
2023
£
Total
funds
2022
£
2,497,167
119,407
2,616,574
976,014
2,256
2,256
499
41,669
41,669
19,935
30,187
30,187
17,514
49,236
49,236
49,138
37,314
37,314
12,273
2,272
2,272
796
12,588
12,588
18,235
6,670
6,670
12,953
194
194
1,715
26,845
26,845
8,889
26,003
26,003
11,644
3,053
3,053
13,460
21,624
21,624
1,895
1,400
1,400
2,800
22,157
22,157
4,648
2,949
2,949
9,546
1,651
1,651
473
2,785,235
119,407
2,904,642
1,162,427
16,861
16,861
5,300
2,802,096
119,407
2,921,503
1,167,727		 
16

NOTES TO THE FINANCIAL STATEMENTS (Continued)

CARING CONNECTIONS LIMITED (A company limited by guarantee)

FOR THE YEAR ENDED 31 MARCH 2023

6 Support costs

Legal and professional
Audit & accountancy
Analysedbetween
Charitableactivities		 Support
costs
£		 Governance
costs
2023
Support
costs
Governance
costs
2022
£
£
£
£
£
16,861
16,861
5,300
5,300
16,861
16,861
5,300
5,300
16,861
16,861
5,300
5,300

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. (2022: nil)

During the year, the trustees received no expenses from the charity. (2022: nil)

8 Employees

The average monthly number of employees during the year was:

Care support workers
Administrative staff
Total
Employment costs
Wages and salaries
Social security costs
Pension costs		 2023
2022
£
£
123
57
13
8
136
65
2023
£
2022
£
2,427,992
913,902
159,250
49,586
29,332
12,526
2,616,574
976,014

There were no employees whose annual remuneration was £60,000 or more.

17

CARING CONNECTIONS LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued)

FOR THE YEAR ENDED 31 MARCH 2023

9
Other expenditure
Interest on loans
Interest on employment taxes
10
Tangible fixed assets
Cost
At 1 April 2022
Additions
At 31 March 2023
Depreciation
At 1 April 2022
Depreciation charged inthe year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022
11
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 Fixtures and
fittings
£
12,899
5,892		 2023
£
3,230
402
2022
£
10,378
3,632
10,378
Computers
Total
£
£
21,310
34,209
4,597
10,489
18,791 25,907
44,698
7,561
1,573		 20,584
28,145
683
2,256
9,134 21,267
30,401
9,657
5,338		 4,640
14,297
727
6,065
2023
2022
£
£
119,388
73,097
5,707
16,231
140,772
42,907
265,867
132,235

18

CARING CONNECTIONS LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued)

FOR THE YEAR ENDED 31 MARCH 2023

12
Creditors: amounts falling due within one year
Loan borrowings
Other taxation and social security
Trade creditors
Accruals and deferred income
Other creditors
13
Creditors: amounts falling due after more than one
year
Loanborrowings
14
Loans
Financingloans
Payable within one year
Payable afterone year
The loans are unsecured and bear interest at commercial rates.
15
Remuneration of key management personnel
The remuneration of key management personnel is as follows:
Aggregateremuneration		 2023
£
18,763
56,679
23,463
217,781
8,456		 2022
£
16,209
17,453
13,593
81,691
3,905
132,851
2022
£
61,442
2022
£
77,651
16,209
61,442
325,142
2023
£
42,727
2023
£
61,489

19

CARING CONNECTIONS LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued)

FOR THE YEAR ENDED 31 MARCH 20 23

16
Reconciliation of net movement in funds to net
from operations
Net movement in funds
Adjustments for:
Depreciation
Decrease_I_(increase) in debtors
Increase/(decrease) in creditors Cash
generated from operations
17
Analysis of net (debt) / funds changes
Cash at bank and in hand
Loans falling due within one year
Loans falling due after more than one year		 cash flow
At 1 April
Cashflows
At 31 March
2022
2023
£
£
£
127,012
67,439
194,451
(16,209)
(2,553)
(18,762)
(61,442)
18,715
(42,727)
2023
£
2022
£
35,728
33,290
2,256
499
(133,632)
(30,684)
192,291
61,255
96,643
64,360
49,361
83,601
132,962

20

CARING CONNECTIONS LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 20 23

18 Analysis of fund movements

At 1 April 2022
Income		 Expenditure At 31 March 2023
Restricted Funds -
Bereavement project		 68,432
91,391		 119,407 40,416
General funds –
unrestricted		 2,586
2,869,472		 2,805,728 66,330
Total funds: 71,018
2,960,863		 2,925,135 106,746
At 1 April 2021
Income		 Expenditure At 31 March 2022
Restricted Funds -
Bereavement project		 -
107,582		 39,150 68,432
General funds –
unrestricted		 37,728
1,103,813		 1,138,955 2,586
Total funds: 37,728
1,211,395		 1,178,105 71,018
9 Analysis of net assets
At 31 March 2023 General Funds
Restricted Funds		 Total Funds
Tangible fixed assets 14,297 - 14,297
Current assets 419,902 40,416 460,318
Creditors (367,869) - (367,869)
Net assets at year end 66,330 40,416 106,746
At 31 March 2022 General Funds
Restricted Funds		 Total Funds
Tangible fixed assets 6,064 - 6,064
Current assets 190,815 68,432 259,247
Creditors (194,293) - (194,293)
Net assets at year end 2,586 68,432 71,018

19 Analysis of net assets

21