Company Number02642512 Reglstered In En8land & Wales Charfty Number 1013819 COMMUNITY CARE OPTIONS Trustees, Report and Financlal Statements Forthe year ended 31 March 2024
COMMUNITY CARE OPTIONS Trustees, Report and Financlal Statements Forthe year ended 31 March 2024 CONTENTS Page Trustees, annual report Reference 3nd Admlnlstratlve detalls Strurture, Governan and Management Objectlves and Artlvltles Achlevements and Performance Publlc beneflt Flnanclal Revlew Plans for Future Perlods Trustee5' re5ponslbllltles ststutory compllance Independent examlner Independent ExamlneVs report Statement of FSnanclal ArtlvFtle5 Balance Sheet Statement of Cash Aows Notes to the flnandal statements io
COMMUNITY CARE OPTIONS Dirertors, Report for the purposes of section 417 of the Companies Act 2006 and Trustees, Annual Report for the purposes of part 8 of the Charities Act 2011. Forthe year ended 31 March 2024 The Trustees {who are also the Directors for the purpose of Company Lawl have pleasure in presentlngthelr annual report and the financlal statements for the year ended 31st March 2024. The Trustees have adopted the provlslons of the Ststement of Recommended Practice ISORP) "Accounting and Reportln8 by Charltle< IFRS 1021 in preparing the annual report and financlal statements of the Charlty. tr The reglstered name of the charlty Is Communlty Care Optlons. The tharlty Is also known locally as Comco. The reglstered charfty number Is 1013819. Communlty Care Optlons is also re815tered as a company Ilmlted by guarantee (company reglstratlon number 02642512). The dlrectors, who are also trustee5, who have seThed durlng the year and sln¢e the year end are Ilsted below: Mrs M Connell MrA Connell MrAJPa8e Appolnted 2ghJanuary 2024 Company Secretsry I Chlef Executlve Mr R Bate5 Re8lstered office of charfty: 1- 3 The Courtyard Calvln Street Bolton BLI 8P8 Telephone 01204 360220 Admintstratlon centre: 1- 3 The Courtyard Calvln Street Bolton BLI 8PB Independent examiner: Mlke Garrett FCA Xelnadln North West Umited 100 Barblrolli Square Manchester M2 38D Sollcltors: Fleldings Porter Silverwell House Sllverwell Street Bolton BLI IPT
COMMUNITY CARE OPTIONS Directors, Report for the purposes of section 417 of the Companies Act 2006 and Trustees, Annual Report for the purposes of part 8 of the Charltles Act 2011. For the year ended 31 March 2024 Strurture Governance and Man Governlng Document Community Care Options Is a company Ilmlted by8uarantee and not havlng a share capltal, governed by Its Memorandum and Artlcles of A550clatlon dated 3 september 1991. ft Is reg15tered as a charfty wlth the Charlty Commlsslon. eme The members have 8uaranteed the Ilablllties of the company In the event of a w1ndIn8P, to the sum not exceedln8 one pound each. Appolntment of Tntstees As set in the Articles of Assoclatlon, therels a Councll of Management of the cornpany who are also trustees of the charity. A mlnimum of three and a maxlmum of nine trustees are elected to the Council. One thlrd of the Councll are requlred to retlre each year at the Annual General Meetlng and may offerthemselves for re-electlon. Trustee Inductlon and tralnlng Communlty Care Optlons, current Board of the Trustees conslsts of members wlth a wlde ranse of skllls and knowledge that they brlng to the charlty. The founder members set the strate8lc vlslon and crlterfa for the charity's purpose whlch have remalned the same throughout the thlrty years of the tharlty. The Board have developed a clear Inductlon presentatlon package for all new prospertlve Tntstees. Thls presentatlon pack outllnes the alm5 and objectlves of the charfty, show dearly the roles and responslbllltles of a Trustee and allow for co-opted perlod should thls be requested by any Interested person. Ory•ntsallon The Board of trustees whlch can have up to nlne mernber5 admlnlsters the charlty. The Board meets every two months and the meetlngs are also attended by the Chlef Executlve who Is also a founder member and responslble for the day to day runnlng of the charlty. Rlsk manaym•nt The trustees have consldered the major rlsks to whlch the charlty Is exposed and have e5tabllshed sultsble rlsk mana8ement and control procedures. Ob ertI5 and Artlvltles The Objects of the Charlty are: l The care and support of people wlth dlsabllltle5 Indudln8 people w5th learnlng d15abllltles who may also have speclal needs, people wlth a mental Illness, challenglng behavlour, profound physlcal d15abllltles or sensory dlsabllities. 2 The provlslon, in the Interests of s¢xlal welfare, of fadlltles for recreatlon or for lelsure time occupatlon for the benefit of people wlth dlsabllltles, with the oblect of Improvlng thelr conditlons and quallty of lffe. Prlndpal artlvltles and maln objectlves The prlnclpal artlvlty of the Company Is the provlslon of care and the welfare of people wlth dlsablllties. Community Care Optlons Is a not-for-proflt company wlth tharitable status set up by parents ard carers who detemlne the criterla for its aims and Its objectlves. The primary alm of the organi5atlon Is to provide good quality care and 5UPPOrt to people wlth physical disabilitie5, learnin8 difficultles who have additional problems or other di5abllltles. The strategy for achlevlng our 'alms and obJectlves' Is for managers of each project to meet Informally with their Staff monthly to monltor and assess the outcomes and whether they match the tharlty's expertatlons.
COMMUNITY CARE OPTIONS Directors, Report for the purposes of section 417 of the Companies Act 2006 and Trustees, Annual Report for the purposes of part 8 of the Charlties Act 2011. For the year ended 31 March 2024 Governan meeting minutes and workers commlttee mlnutes are made available to the Trustees upon thelr reqvesL A report from each manager is presented to the Board for review at their bi-monthly rneetingi The principle Set by the Board is one of an 'Open Door Pollrf whlch mean5 that both the Board and Chief Executive are able to respond quickly. Athlevements and Perforniance Considerin8 the loss of some income and Intenslve houslng management income in 2023n4, due to the unfortunate passlns of some of our lon8 Standlng servke users, some Ilvlng In a Bolton at Home property (related to the Intenslve housln8 management Income). Communlty Care Optlons has started 2024 well, and manageable. In 2024125 we 111 also see a reductlon In expendfture, such as the Storage faclllty. and room 25 belng vacated, and a sl8nlflcant reductlon In our yearly Insurance expendlture. It Is envlsaged that across 24/25 the savln8s wlll be on/around 25-30k. Staffln8 Is stlll problematlc due to recrultment problems and burn out of staff, resultlNA In tlme off. However Communlty Care Optlon have made headway In recruitln8 some more permanent staff and Bank stsff. Tralnln8 has become more Intense and In most cases It Is a requlrement to do certaln tralnlng each year for all staff- thls will no doubt Increase overthe comln8 year as we have seen on the draftlflnal accounts, and then level off at some polnt. Ihrren Court Darren Court continued to be fully occtspled, wlth the same slx servlce users. The servlce throughout the year remalned qulte posltlve wlth our CQC report awardlng as"Good" whlch has been the same 51nce Darren Court opened many years a80. Mld-march, we lost one tenant at Darren Court due to111 health. Currently Darren Court (as at 22110124) has 5 tenants. and we are hopeful that flat 6 wlll be flled before Chrlstmas 2024. Obvlously by loslng a tenant at Darren Couit thi5 ha5 and wlll show a slight Impact In the Income recelved for Intenslve housln& from St. Vlncents. Outreach The care hours were all wlthin our outreach servlce and were the slmllar number of hours that was provlded at Darren Cour¢ wlth one servlce user retumin8. Our outreach Is currently slttlng at around 314 hours per week, and Comrnunlty Care Optlons have set a 8oal of th15 beln8 320 by end of 2024. Icb¢ All our artlvitles are almed at provldlng servlces that benefft the communlty, ran8ln8from supptxtln8 38 dlsabled people, helplng them to Ilve In thelr own home5. The trustees conslder that the detalls above ensure that the charlty meets both the Splrlt and the letter of the Public Beneflt reportSng requlrements as speclfled In Charlty Commlsslon 8uldance. Flnandal Revlew Reserv pollry The Trustee/Dlrertors recognlse that it Is very Important that the company has sufficlent reserve5 to contlnue Its oblectlves. This poliry refers to unrestricted reseNes from each of our projects and that they be retslned for the operatlon of the projert they relate to. In the same way as restricted reserves are applied. Thls Is to ensure that there are funds available to meet the commltments of the projert, in partlcular staffin8 Costs. A flnanclal revlew wlll be carrled out annually to assess whether the reserves are sufficlent to minlmise rlsk. The target set by the Trustees relates to slx months unrestricted operatlng costs and Is constsntly under revlew. Free reserves as at 31At March 2024 were £425,4751£432.181 at 3151 March 20231. Thls Is above the target of approximatelv £325,000 whlch ha5 been based on expendlture levels Incurred in the year to 31st March 2024. The Trustees wlll tske steps In future periods to malntsln free reserves at or above the tsrget level. Desi8nated Rewrves The trustees have designated funds £19,482 (2023- £20,299) towards the sustalnability of Darn Court. Prfndpal fundin8 wrces actlvltles and results Income for 2024 amounted to £718,725 {2023 - £715,777) and Included the followlng:
COMMUNITY CARE OPTIONS Directors, Report for the purposes of section 417 of the Companies Act 2W6 and Trustees, Annual Report for the purposes of part 8 of the tharltles Act 2011. Forthe year ended 31 March 2024 Supported Livln8- Dlrect payments Income was £677.125 (2023 - £655.6411. A payment of £40.92712022 - £55,967) for Intenslve houslng management for servios users who Ilve In propertles of one Housln8 Assoclatlon. The payment wa5 funded through Houslng Benefit. Investment powers and pollcy The Memorandum & Artlcles of Associatlon state that the charfty has the power to invest moneys of the company not Immediately required for the furtherance of Its objects In or upon such Investments, securitles, or property as may be thought fit, subject nevertheless to such condltlons Ilf any) and such consents Ilf any) as may for the tlme beln8 be Imposed or requlred by law. Tiustsè Indemnlty Indemnlty Insurance In respert of the trustees has been provlded at a cost of £4,352 (2023- £3.727} for the year. Ptsns for Future Perlods The prlorlty Is to contlnue to do what we do well In an area where there are more compank5 offerln8 SUPPOrt to Indlvlduals wlth varyln8 dlfflcultles and dlsabllltles. Thls Is at tlmes a challen8e, especlallywlth the cost-of-lfvlng crlsls and the expense of fundln8 tralnln8 for our dedlrated support staff, and payln8 a decent Wa8e, along wlth thelr travel expenses, On a contlnued ba515 we are lookln8 at the cornpany expendlture, and have made great headway In reduclng thaL urrently 51tting at around 30K savlngs over the year 2024125. We no longer have the storage faclllty, norroom 25 atThe Courtyard and have made a $18nlflcant savlng on our Insurance of around 16K per annurn. However. wlth tralnlnB of support staff becomlng more expenslve, and many tralnlng courses belng compulsory, thls savlng may well not show on the proflt and loss account. But by constantly revlewlng our accounts we feel we can be successful. We have had a fairly virtorlous year In recruitlng more support staff, and we appear to be on a pathway of malntalnlng 5tsff. Comco have been successful Sn havln8 open dlalogue wSth all staff from meetln85 Such as workers commlttee meetSng5, to annual surveys belng sent out-all met wlth positivty. En8a8lng wSth staff on our companV5 short- and lon8- term 8oa15 has shown Incluslvity. SIK•rt term 8oals'. Darren Court currently ha5 5 re51dents, due to a death of one servlce user In March 2024 {dernentia). It look5 promlsln8 that the 6th flat wlll be filled by the end of the year. Our current hours at DC are 257.75 (they were 303). We do not know what the 6th tenant's hours wlll be- thls Is decided by a panel at Bolton Councll. Our outreach Is currently slttln8 at 314, and our smart goal for 2024 was to get outreach to 320- we hope to achieve thls by the end of the year. Lon8 term goals: The plan whSch contlnues from last year Is to have meetlngs wlth housing assoclatlons regarding havlng rented propertle5 avallable for referrèls that requlre the 5ervlce provkler to secure property. Comco would like rnore than one property on site, it would potentially require a new development. It appears Bolton at Home have many developments in the plpeline or In progres5, and we have Intemally decided that we may have more success worklng wlth St. VlncentslM05scare. who are currently the owners of Darren CourL Again, thi5 15 a long-tenn goal, and we feel investment. using some of the reserves would be nece55ary to be able to pay the rents on such property, un1 they were filled, which considerin8 the 5y5tem may take anythin8 from one to twelve month5. All in all, a good year, under difficult circumstance5 and council welfare budgets being cut by around 4 rnillion.
COMMUNITY CARE OPTIONS Directors, Report for the purposes of sectlon 417 of the Companies Act 2006 and Trustees, Annual Report for the purposes of part 8 of the Charitles Art 2011. For the year ended 31 March 2024 Trustees. res nslbllltles The trustees (wl)o are also dlrectors of Communlty Care Options for the purpose5 of company law) are responsible for preparing the Tru5tee5' Annual Report and the financial statements in accordance with applicable law and United Klngdom Accountlng Standards (United Klngdom Generdlly Accepted Accounting Practlce). Company law requlres the trustees to prepare financial statements for each flnanclal year thich give a true and falr view of the state of affairs of the charltable company and of the Income and expendlture of the charltable company for that perlod. In preparlng these financial statements, the trustees are requlred to: select sultable accountlng pollcles and then apply them conslstently; • observe the methods and prlnciples In the Charltles SORP. make Judgements and accountln8 estlmates that are reasonable and prudent. • stste whether applicable UK Accounting Stsndards have been followed, subjert to any materlal departures dlsclosed and explalned In the financlal statements; and prepare the financlal ststements on the golng concern ba515 unless It Is Inapproprlate to presume that the charltable company wlll contlnue In buslness. The trustees are respon51ble for keeplng adequate accountln8 records that dlsclose wlth reasonable accuracy at any tlme the flnanclal p051tlon of the charltable company and enable them to ensure that the flnanclal statements comply wlth the Companles Act 2006. They are also responsSble for safeguardlng the assets of the charltable company and hence for takln8 reasonable steps for the preventlon and detertlon of fraud and other Irregularltles. In so far as the trustees are aware: there Is no relevant Informatlon of whlch the charltable companls Independent examlner Is unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant Infom)atlon and to establlsh that the Independent examlner15 aware of that Inforrnatlon. uto com The trustees conflm) that the flnanclal statements comply wlth current Statutory requlrements, the requlrements of the Mernorandum and Artlcles of Assoclatlon and the requlrements of the ChaTltle5 SORP. In weparln8 thls report. the Trustees have tsken advantsge of the small companies exemptlons provkled by sectlon 415A of the Companles Act 2006. ende The trustees have reappolnted Mlke Garrett of Xelnadin North West Llmlted to undertake the Independent Examlnation. The Trustees report was approved and was sl8ned on behalf of the Trustees bv: A Connell Trustee Dlrector Date .
INDEPENDENT EXAMINER'S REPORT To the Trustees of Communlty Care Options Forthe yearended 31 March 2024 I report to the trustees on my examinatlon of the financial statements of Communlty Care Optlons I'the charw) for the year ended 31 March 2024 which compr5se the Statement of Flnanclal Actlvltles, the Balance SheeL the Statement of Cash Flows and related notes. Respmslbiiiiles and bJsls of report As the trustees of the charlty you are re5ponsSble for the preparatlon of the flnanclal statements In accordance wlth the requlrernents of the Charltles A¢t 20111'the ACY). Havlng satlsfied rnyself that the flnanclal statements of the charltsble company are not requlred to be audlted under Part 16 of the Act and are ellglble tor Independent examlnatlon, I report In respect of ry examlnatlon of the charltable companvs flnanclal statements carrled out under sectlon 145 of the Charltles Act 20111'the 2011 A¢VI and In ¢arrylng out my examlnatlon I have followed all the appllcable Dlrectlons 8lven by the Charlty Commlsslon under sectlon 145{Sllbl of the 2011 Act. An Independent examlnatlon does not Involve 8atherlng all the evldence that would be requlred In an audlt and consequently does not cover all the matter5 that an audltor conslder5 In 8lvlng thelr oplnlon on the flnanclal statements. The plannlng and Conduct of an audlt goes beyond the IlmSted assurance that an Independent examlnatlon Can provlde. Consequently l express no oplnlon as to whether the financlal statements present a 'true and falrf vlew and my report Is Ilmlted to those speclflc malters set out In the Independent examlnerfs statement. Ind¢p•nd•nt ex•mln•rfi itatement I have completed my examlnatlon. I conflrm that no rnaterlal matters have come to my attentlon In connertlon wSth the examlnatlon 8lvlng me cause to belleve that In any materlal respect: accountlna records were not kept Sn respect of the ¢harlty as requlred by sectlon 130 of the Act,. or the financlal statements do not accord wbth those records; or the flnandal statements do not comply wlth the appllcable requlrements concernln8 the form and content of accounts set out In the Charltles (Accounts and Reports) Regulatlon5 21x18 other than any requlrement that the accounts 8lve a 'true and fèlr vlev/ whlch Is not a matter consldered as part of an Independent examlnatlon. I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon should be drawn In thls report In order to enable 8 proper understandln8 of the flnan¢lal statements to be reached. Use of my r•port Th15 report15 made solely to the chadvs trustees. as a body, In accordance wlth sectlon 145 of the Chèr6tle$ Aet 2011. My work has been undertaken so that I mlght state to the charltys trustees those matter5 1 arn requlred to state to them In th15 report and for no other purpose. To the fullest extent pem)ltted by law, I do not accept or assume responslblllty to anyone other than the charlty and the charltVs trustees as a body, for my work, for thls report, or for the oplnions I have formed. MQlaL MICe1 Garr•tt FCA For and on behalf of Xelnadln North West I Barbirolli Square Manchester M2 3BD Dale.. 4 December 2024
COMMUNITY CARE OPTIONS Statement of Financial Activltles (includlng an Income and Expendlture kcount) Forthe year ended 31 March 2024 Unrestrfded Restrkted Funds Funds 2024 Total Funds 2024 Totsl Funds 2023 INCOME Incomefrom chorlfvble activltles Supported Llvln8 718.n5 718.725 713,111 Supported Uvln8 2,666 Totsl Incame ind endowm¢nts 718,725 718,725 715,777 EXPENDITURE Exptndlture on charltable ortlvltlej Supported Uvlng Governance costs 719048 7,200 719.048 689,213 7,520 Totsl Expendlture 726.248 726,248 696.733 N•t Incom•l(•xp•ndltur•) and net movement In lunds 17.523) (7,521) 19,044 Trnn8l•n betwe•n fundi Total funds broutht forward 2.374 454OYI 435,810 Totsl fvnds ¢arrled forwird 15 444,957 2.374 447,331 454,854
COMMUNITY CARE OPTIONS Balance Sheet As at 31 March 2024 Company number.. 02642512 Churlty number.. 1013819 Note 2024 2023 Flxed assets Tanglble assets io 7.151 2,317 Current assets Debtors Cash at bank and In hand li 106.772 361298 113.410 370,636 469.070 484,046 Credltors: am0untsfa1ll the wlthln on• year 128,891) {31,509) N•tcurrnnt asmts 440.179 452,537 N¢t assets 447331 454,854 R•pr•s•ntod by: Unrestrlrted 1Thme funds General funds Desl8nated funds 13 13 425A75 19882 432.181 20,299 Total unrestrlcted funds 444.957 452,480 Restrlrt•d In¢am• lund$ 1374 2,374 Totsl ¢harfty funds 447.331 454,854 The dlrectors conslder that the company 15 entltled to exemptlon from the requlrement to have an audlt under the provlslons of sectlon 477 the Companles Act 2(K16 {"the Act") and members have not requlred the company to obtaln an audlt for the year In questlon In accordance wlth sectlon 476 of the Act. The dlrectors acknowledge thelr responslblllty for ensurtng that the company keep5 accountlng records whlth comply wlth sectlon 386 of the Act and for preparlng flnanclal statements whlch glve a true and falr vlew of the state of affalrs of the company as at 31 March 2024 and of It5 net Incorne for the year then ended In accordance wlth the requlrements of 5ertlons 394 and 395 of the Act and whlth otherwlse comply wlth the requlrements of the Companles Act 26 relatlng to the flnanclal statements 50 far as appllcable to the companv. These accounts are prepared In accordance wlth the speclal provlslons of Part 15 of the Companle5 Act relatSn8 to srnall companies and constltute the annual account5 requlred by the Cornpanle5 Act 2006 and are for Clrculation to members of the companv. The flnanclal statements on pages 7 to 15 We approved by the Board of Tntstees on and slgned on bts behalf by: A Connell Trustee Dlrertor Date . 14
COMMUNITY CARE OPTIONS ststement of Cash Flows Forthe year ended 31 March 2024 2024 2023 Cash fl¢M7 from operatlna artl¥ltl*s {9201 112,478) sh from lThv•stlnq l¢tIleS Payments to acquire tan8lble flxed assets 17N191 1449) IDe(fease) Incrnise In osh •nd ¢ash equl¥alents 18339) 112,927) Cash and Cash equlvalents it l Aprll 2023 370,636 383563 Cash and ush equlvalents at 31 M•r¢h 2024 361298 370,636 Caih and ash •qulvalents Mnslsts ofr. Cash at bank and In hand 361298 370,636 Re¢¢ndll•tlon ol net Incorne {expendltur•) to n•t c•ih flow froffl opèrntlni artl¥ltles Net Income {expendlturel for year Depreclatlon Ilncreasel decrease In debtors IDecrea5el Increase In credltors 2024 2023 17,5231 1583 6.638 (16181 19,044 1,277 {25,982) 16,817} Net cash flow from operatln8 actlvltles 19201 { 12,478)
COMMUNITY CARE OPTIONS Note5 to the financial statements For the year ended 31 March 2024 General Inforniatlon Communlty Care Optlons 15 a company IlmFted by guarantee and not hèvlng a share eapltal. 8overnÈd by Its Memorandum and Articles of Assoclatlon dated 3 September 1991. It Ss registered as a charlty with the Charlty Commlsslon. The member5 have 8uaranteed the Ilabllltles of the Company In the event of a wlndlng-up, to the Sum not exceedlng one pound each. The prlnclpal actlvlty ol the Company Is the proVIon of care and the welfare of people wlth dlsabllltles. The address of the re8lstered Off1 can be found on the Trustees Report The charlty constltute5 a publlc benefit entlty as defined by FRS 102. The flnanclal statements have been prepared In accordance wlth the Statement of Recommended Practlce . Accountlng and Reportlng by Charltles preparln8 accounts In accordance wlth the Flnan¢lal Reportln8 Standard appllcable In the UK and Republ1¢ of Ireland IFRS 1021 Sssued In October 2019, the Charltles Art 2011, the Companles Act 2006 and UK Generally Accepted Accountln8 Practlce as It applles from l January 2019. Ac¢ountln8 pc4lld•i l. B•sls of pr•paratl¢)n The flnanclal 5tstements are prepared on a 8oln8 concern basls under the hlstorlcal Cost ¢onventlon, modlfled to Include certaln Item5 at falr value. The flnanclal statements are prepared In sterlln8 whlch Is the functlonal currency of the charlty. The slgnlficant accountlng pollcle5 applled In the preparatlon of these flnanclal statements are set out bel(w. These pollcles have been con515tently applled to all years presented unless Otherwlse stated. 11. Flxed assets Scooters, computer equlpment. and fixtures and equlpment purcha5e5 COStlng More than £250 have been capltallsed and Included at Cost on the Balance Sheet as Tan8lble Flxed Assets. Any related grants are sht)wn as restrlcted or deslgnated fixed asset funds whlch fund future depreclatlon of the assets. Depredatlon Is provlded at rates calculated to wrfte off the Cost of each asset over Its expected useful Ilfe as follovts: Flxtures & equlpment Computer software Computer equlpment 25% Str?18ht Ilne 50% Stralght Ilne 25% Stralght Ilne HI. Income All Income15 Included In the SOFA when the charltyls legally entltled to the Income and the amount can be quantlfted vAth reasonable accuracy. Grants for use In speclftc projects are Included In the SOFA on a recefvable basls. Includlng 8rants for flxed assets. and are credlted to the varlous actlvltles In furtherance of the Charlty's obJe¢tlves. Government grants In conne¢tlon to the lob retentlon stheme have been recognlsed In the perlod to whlch the underlyln8 furlouihed staff costs relate lo. Other Income Is Included In the SOFA on a recelvable basls and Is allotated to Income from generated funds or Income from charltable actlvlty accordlng to the nature of the In¢ome. Investment Income Is Included In the SOFA In the year In whlth It Is recelvable. Income received In advance of the perlod in which the funder require5 the expenditure to be applied wlll be reflected In deferred income within the balance sheet. Income 15 apportioned to the SOFA based upon the actlvitie5 on whlch the in¢ome Is derlved. io
COMMUNITY CARE OPTIONS Notes to the financial statements {contlnued) For the year ended 31 March 2024 Iv. Expenditure Expenditure is recognised on an accrua15 bas15 as soon as there 1$ a legal or construrtNe obligatlon committing the charity to the expendlture. Expendlture Includes any VAT whlrh connot be fully rec¢)vered. and Is reported a5 Part of the expendlture to which It relate5. Llabilltles are recognlsed as expendlture. All expendlture15 accounted for on in axruals basls and has been classffied under headln8S that aggregate all costs related to the category. Costs of 8eneratln8 funds comprlse the costs assoclated with attrartlng voluntary Income. Charftsble expendlture compr15es those ¢osts in¢urred by the tharlty In the dellvery of Its actlvltles. It Indudes both cost5 that can be allocated dlrettly to such actlvltles and those costs of an Indirect nature necessary to support them. Governance costs comprlse those costs Involvlng the accountsblllty of the charlty and Its compllance wlth re8ulatlon and good practlce. These costs Include costs related to the statutory audlt and legal fees logether wlth an apportlonment of overheads and support costs. All costs are allocated between the expendSture cate8orles In the Ststement of Flnanclal Actlvltles on a basls to refflert the use of the resource. Costs relatln8 to a partlcular actl¥lty are allocated dlrectly, others are apportloned on an approprlate basls as set out In Note 6, v. D•btor8 and ¢r•dlton r•c•lvable/p4yable vAthln one y••r Debtors and credltors wlth no stated Interest rate and recelvable or payable wlthln one year are recorded at transact1¢ prlce. Any losses arlsln8 from Irnpalrrnent are recognlsed In expendlture. vl. Tu•tlon Communlty Care Optlons Is a reg15tered charlty and has no Ilabllltles to taxatlon. vll. OWrat1 l•ai•i Rents15 appllcable to operatlng lea5e5 where 5ubstantlally all of the beneflts and rlsks of ownershlp remaln wlth the lessor are tharyed agalnst net Incomlng resources on a stral8ht Ilne basls over the perlod of the lea58. vlll. Hn•nd•l Instrurn•nts Flnanclal Ilabllltles and equlty Instruments are classlfled accordlng to the substance of the contractual arrangement entered Into. as elther flnanclal assets, flnanclal1Sabllltles or equlty Instruments, An equlty Instrument Is any contract that evldenres a resldual Interest In the assets of the company after deductln8 all of its flnanclal Ilabllltle5. Ix. Fund •¢¢ountln8 Unrestrfcted funds comprlse accumulated surpluses and deflclts that are avallable for use at the dlscretlon of the trustees In furtherance of the 8eneral objectlves of the charlty and whlth have not been de518nated for other purposes. Des18nated funds comprlse unrestrlcted funds that have been set aslde by the trustees for partlcular purposes. The alm and use of each deslgnated fund Is set out Sn note 13 to the financlal statements. Restrlrted funds are funds whlch are to be used In accordance wlth speclfic re5trlctlons Imposed by the donors or whlch have been ralsed by the charlty for particular purposes. The alm and use of each restrlcted fund15 set out In note 14 to the flnandal statement5. GolnK concern The flnanclal statements have been prepared on a going concern basis as the trustees believe that no materlal uncertainties exist. The trustees have consldered the level of funds held and the expected level of income and expenditure for 12 rnonths from authorising these flnanclal statements. The budgeted Income and expendlture Is sufflclent with the level of re5eNes for the charlty to be able to contlnue as a golng wncern. li
COMMUNITY CARE OPTIONS Note5 to the financlal statements (continued} For the year ended 31 March 2024 Income from drftable actlvllles Unrestricted nds Restricted funds 2024 Total funds 2024 Total funds 2023 Supported Uvlng Outreach Dlrect Payments Your Ilfe your way Intenslve housln8 Sundry Income 319AIO 357?13 40.928 1074 319AIO 357.313 40,928 1,074 331.841 323,8(Kl 55.967 I03 7,5 718,725 713.111 Total In¢ome from charltibla actlvltl•s 718.725 718.725 713.111 Oth•r Incom• Unrestrlded funds Restrlct•d funds 2024 Total funds Total funds 2023 SupportedLlvlnq Workforce retentlon 8rants 2,666 2,666 Supwt and 8overnince costs Support costs, whlch are prlnclpally the Head Office admlnlstratlve expenses are apportloned to the actlvltles of the Charlty as set out In note 6. Governance costs are separately recorded on the Statement of Flnanclal Artlvttles as any apportlonment In consldered meanln8less. Total resour¢es expended Supported U¥lw Go%minc• 2023 Costs dlrottly allocated to a¢thiltl•s Wages and salarles Personnel seNlces stsff and tralnee expense5 Offlce supplles prlntln8 and posta8e Bank charges Accountancy fee5 & Independent examination Travel expenses and stsff parkln8 Offlce and workshop rent Telephone Insurance Malntenance and repalrs Sundry expenses Equlpment depreciatlon Bad debts 619,788 4.132 6,324 10,033 991 619.788 4.132 6,324 IOJ133 991 7,21Xl 5.947 30.027 4,619 23M94 3.385 5,589 2.583 1,736 593,908 4578 3,172 10.288 1,357 7,520 7,057 32.561 7,200 5,947 30,027 4,619 23,894 3,385 5,589 2.583 1,736 22,463 3,290 3,453 1,277 719,048 7,200 726.248 696,733 Iz
COMMUNITY CARE OPTIONS Notes to the financial statements Icontlnued) Forthe year ended 31 March 2024 Net Income lexpendlturel and net rnovement In fvnds 2024 2023 Net Incomlng {expendlturel Is stated after char81ry8: Independent examlner's remuneratSon Depreclatlon Operating leases 7.200 2,583 a027 7,520 1,277 32,561 Taxatlon The charltable cornpany Is exempt from corporatlon tax on Its charftable actlvltles. St•ff costs 2024 2023 Wa8es and salarles Soclal securlty costs Penslon corts 565,178 44.695 9,915 542.105 42,294 619,788 593,908 The average monthly nurnber of employees, analysed byfunctlon, were: 2024 Number 2023 Number Supported Llvlng Management 21 27 26 No employee recelved emoluments In excess of £60.000 In elther year. The tru5tee5 dld not recelve any remuneratlon nor relmbursement of expenses durlnB ebther year. 10 T11ble flmed •ssets Flxtures & equlwent Computsr equlpm•nt Totsl Cost At l Aprfl 2022 Addltlons Dlsposals 939 40,385 7,419 41,324 7,419 At 31 March 2023 939 47,804 48,743 At l Aprll 2022 Depreclatlon Disposals 939 39,008 2,583 2,583 At 31 March 2023 939 40.652 41,591 Net book values At 31 March 2023 7,152 7.152 At l April 2022 2,316 2,316
COMMUNITY CARE OPTIONS Notes to the flnandal statements {contlnued) Forthe year ended 31 March 2024 11 Debto 2024 2023 Trade debtors Other debtor5 Prepayments and accrued Incorne 90.875 7.14J 8.754 23.853 80,220 9,337 106.772 113,410 12 Crndltor&' amoynts hllln8 du• wlthln on• yr 2023 Trade credltors Taxatlon and so¢lal securlty Other credltors Accruals 2.963 9,996 2,338 13.S94 6,21KI 8.453 2,277 14,579 28.891 31,509 Umestrlrted funds nce at B•liMe •t 31 M•rth Incoml R•sourc•s •xp•nded 2023 rmourcei Tr•nsfers D•sl8nat•d fundi Darren Court 20299 1817) 19882 20299 {817) 817 19A82 General fiinds 432J81 718.725 1726.248) 425A75 7,n5 (726.248) 444,957 Restrlrted funds Balance at i Aprfl BDlance •t 31 March 2024 lft¢oMl1 ResouT(e5 Trin$fern Resldents fund 2374 2374 2.374 274 11) Funds to be used towards Resldents attlvltles. Analysls of net assets Unrestrlcted Funds G•ner•l D•slonat•d Restricted Funds Total Total 2023 Flxed assets Current asset5 Current liabilities 7.152 447,214 128.891) 7.152 469.070 2,317 484,046 131,5091 2.374 Net assets ot 31 Marth 2023 4Z5A75 2374 447331 454,854 14
COMMUNITY CARE oiYfioNS Notes to the flnancial statements (continued) For the year ended 31 March 2024 16 Commltments under operatlng leases At 31 March 202 the Company had aggregate annual commltments under non-rancellable operatlng lease5 a5 Set Out below: 2024 2023 Operatin8 leases whlch explre: Wtthln l year Land and bulldlngs 25890 27,862 17 Indemnlty Insurance The charlty has purchased Insurance for the trustees and offlcers of the charlty agalnst Ilablllty arlsln8 for wrongfvl acts In relatlon to the charlty. The Cost of th1$ Insurance arnounted to £4,35212023- £3,727). 18 Control There Is no ltImate ¢ontrollln8 party. 15