THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE A company limited by guarantee (Charity No: 1040518) (Cornpany No: 2955846) Report ofthe Trustees and Unaudited Financial Statements For the year ended 31 March 2021
IHE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE YEAR ENDED 31 IAARCH 2021 CONTENTS Pagets Legal ar¥J Athiinistratsve Information Trustees, Rewt Inthwderrt Exam¥*r's Report Statement of Flnandal Acthihle5 statement of Cash Flow8 10 Notes to the Fda1 Statements 11-23
THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE YEAR ENDED 31 MARCH 2021 LEGAL AND ADMINISTRATIVE INFORMAIION CONSTITUTION The Princess Royal Trust Carars in Hampshire is a company limiked by guarantee and a regislewed harty govemed by its Memor8nthm and hrtides of Associa11. CHARITY NUMBER: 1040518 COIAPANY NUMBER: 2965846 CHANOE OF NAAIE The chanty passèd 8 special resoiulion on 11 July 2009 changing its namè fromKknchester and District Carers Cere to The Princess Royal Tntst for Carer5 in Hampshire. DIRECTORS AND TRUSTEES The directo ofthe choiitsble CoMpY (e thaiiin are itslntstees forthe pwpose oftharity law and Ilwwghout Ihi5 rep(¥t ale colleclively refetred to ils tntstees. The trustees serving dumg the year and Ihe ye8r-end were as [DIo%. DIRECTORsrfRUSTEES MANAGEMEpif COPJJMITTEE.. A Darlington IA Lar&Y>mbe M. Marval M. Moore l. Tait DIRECTOR OF OPERATIONS: K Hears¢y MBE REGISTERED OFFICE: Andover W8r Memorial Hosixlal Charlton Road Andover Hafflpshire Uniied Kiigdom SPIO 3LB INDEPENDENT EXAMINER: Rothmans LLP Avebury House Sl. Peter Street Winchester Hampshire S023 88N BANKERS: National WeStMSter Plc. Old Bank Branch 105 H+gh Street Winchester Hampshire SOZ3 9AW
TrIE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2021 The Trustees we FlÈased to present their report together ilh Ihe wdted knancial slatements of the Charlty for the year ending 31 March 2021 are also prepared to meetthè Tèquirements for a dIreds, reprrtand accounts frjr Companies Act PuOSe8. Legal and Admni6tralive infotm41ion set out OTr page 1 part ofthis report. The financial statements have been wepered ID accordance lIh the accoting polcies set (xrt in note 1 to the acaJunlB and comply ¥th the Memoranthm and l¢leS ofA8sociatson. the Ch8rilies A¢1 2011, the Companies Act2006 and Accnting and Reporbng by Charilies: Statement of Recommended Practice applieablè to Gharilies prepaiing their accounts in accordance byllh the Financial Reporting Skndard 8pplieablo in the UK and RepuiAic of Ireland (FRS 1021. STRUCTURE GOVERNANCE AND IIiANAGEMENT The Company is a company limtied by gwantee and a regstered thwity gtylemed by its MemoRn<bJm and Arlicle5 of Asslation. The Obj ofthe thority are set rArt in its Memrnthjm ArlKles OfNsSThx. Melhod of appointm•nl of TN51Res and polici•s lopted forlhe IuCIl0n and training of TNstee5 The Charity i8 managed by a Board of v(4unteer Tfustees who have a dwect interest in cav5. l.e. they are or were care Ihemsefves or have expeiience, now or the iecent pas¢ of or9anisations providing seNices and supportfor Carers. The latter includes Doeth (wrrent or former). elecled C(Amcillors. Directh of commercial companies providing Carer surwt those ith an irrterest in Carer issues have 5ki115, e.g. fnan(#al, Iwsiness, nd rni51ng, is ofuse to Ihe Charity. Th8 Trustees are non•exeAlVe butprovide suppNtfromlheff exwiÈn¢e in relevant areas of busiiess (finance, budgeling, organisational). Prospective TnJsteeB are intr¢xbJced lo the cwrent Trustees and. ifthey areNged to fil the profilv sought, they are iTrvited to &)ard meelings, to events and to meetings rylh centre staff. The new TnteS are rwired to attend an inthdion wogramme to ac(wint themselves thjly with the Tntsts core acts¥itses. If, after a period oltime atte¥Ing Board meeting5. siaff meelIn and Cwer events, the prop(ed TnBtee feels they are and ha¥e a desire to be Inv0Èd thith the Charity as a Trustee, the Board ¥4il decide, based w)on its needs and its view ofthe woposed Trustee. to invite th8m to jun the Board. At the point of imng the Board, new Trustees are theJEkffe familiar Ihe Oalln5 of the Chaiity and furlher spe(#fic traIng is pro¥xled as necessary. Dos)Jments fow curient and Pr0$ed acti¥itses are pre5enled io Ihe Board. Trustees, Indemnity InsuM¢è An insU¢e polw IA in place to indemnify the Tntsteeg against walive knan(Aal inyacl reSUlK from adions ol Twstees m8tJe in wod failh. The Charity Is managed by a Board of Twstees. The Board meats quwtety wilh thy-td8y maThament delegated to the Cenlre's Director of OpeTalions. Reports from the Chairman and Director of Operalions are ven at Boafd Meetings to enable discussion of any adj$ to ensure Ihe ChallS objectives are met. The Charity ts autonomous in teTms of control And fnanang but 15 a Network PBvlner of CareTr TtU5t and is affibate to Carer8 UK. The Charity's adi¥ities are regulaled bythe verning dOcuMt*i is located atthe registered office.
THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 29558461 REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2021 Key managoment peOnnel remunerntion The Trusteès consider the Board ofTrustees. the Dlrecl(* of Operations and seni¢x management comwi5e the key management peIe1 of the th8rity n charge of directing 8nd controll9 Ihe chwity and and operating the charity on a day to day basis. Al Trustees give of Iheir tirne freely and no Trustee remunèr8tion vlas pard in the year. The ptty of the senior management is levied annualy by the Tw5tees. Related party relalionships In the opinion of the Chairman and the Tntstses. the only related party trwtsaClMX in the yw •re Ihose disclosed in the notes. Risk m7dnagement The Tntstses hB¥È assessed Ihe major risks to Y4hKh the Chwity is eXpled. in pwiiuAar Ihose related to the operations fanceS of thè eharity. They are satsfied that $ystems and procethues are th) place to miligate their exposure to Ihe major risks. OWECTIVES AND ACTIVITIES Pollclos and Ob1ve3 The Trustees have devised a comwehensi¥e 1st of relet policies. Copios ol these are walable upon request The obiectives ofthe thariiy are listed belDw. To make ContsCtIIh Carers, especially in the wral •r8&% ofthe di5tsict To imwove and refine the service8 offered to Carers in response to their needs To advocate for the needs ofcarers by seekiig to be consulted on Health and Styial SeNi¢8 Pdicy at both local and Nalional level. To inlhjence the pro¥ision of seThices and encowagE innty•ation To ensure the finral Vithility of the centre To irnplement the Care Act 2014 To ensure that the 8eThice 18 (¥J8n to au and incthive foT all. strat•gies forachieving obiectivas Strategie5 fulated by the Trustees. slaff and YOnteerS are westhtsd to Ihe B¢>ard and implemented as appropri4te. Activities for achievirN the objectives The a¢tivilies for aclweying cknjeclives we many and v8riÈd. nM)slly organi5ed acconlng to demand. SeTViCeS
vided are: Infom)8tion. advice and ldar Advocacy and fepresentalion Liaison stabjtory bodies Access to training and ethcai( Reswts Oppothnilies Rewlar carers. support lIPS Emolional Support and a listening ear Efflergency Plannlng for Carers Flee COunselng by way ofvoluntary qualified c(10(5 Carets. Clini(s in Ihe cOmmty GP surgeries Carers Drop In Time Togelher GrouF Assistance 1th apply'ng lor benefits and hr help knm stsbjkny bo(e8 Carws Hub5
THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2021 The charsty has not made any progtamme related investments. Volunteers Volunteers have again assisted the Chaiity n various ways. This v)ckJded assistsnce vdth new51etters, events, supwt groups, hubs and COWlg for Carers. We ar8 ID eath and every ¥oluntew fDW his or her contritsjtion. ACHIEVEMENTS AND PERFORMANce Reviwr of activities ThÈ TNst rth.ns a core Ctract hilh Hlmpshire County Cow)cil as WBI as Ihe dinicd COMonIng groups lor Ihe prn¥ision ofthe Emergency Planning C¥ws service. We also provide irer sw)port. advocacy, advice. widance ar drop in's in Ihe Norlh East of H8ry>str#è. We provido a fixlher Servi across thf8e ofthe cknical commissirming 0uP$ there WÈ work GP swgeries to Imement and promote Care 5eNices. We givè regular 8UPPOrt, advice and pro¥ide advo¢aey to Carers throughout Hamp51Mre in complex caring Situalion8. The Tmst is led by Keyry Hearsey MBE, Chief Exe¢utive and is supported by experienced team of profe8SK)na15 vtho successfulty pro%ide the seFvices to carers. Their ability to wovidE such an excellent 5ervi¢o b8 rellerted in the rear feethack reIVed frorn bolh carers and profe8sional5. The Tiust con11S to enjoy good Strong working relationships Yth Hanwiiie County cnCiL. the Ive dinical commissioning groups. the nevly emern9 Integrated Care sems (ICS), the Parkinw Society. Enham T1. Ihe Volwtsry Community sVICeS. A4lion Haryshire. Cilizens Ad¥i¢e and NeedB T(K) to name but The ujrrent climate throughout wilh the pandemic has meant that the Trust has had to be innovativ• in IhÈ way Ihat services have been provided to enswe Ihat CareTr re¢eived supportat a time it was most needed. Ow $er¥Kes am S•t¢hed to virlual a1 online services. Welfare chècks were made eklY hundreds of C¥ets via telephone, skype. zoom l•cetimè. These progressed to a Mlde range of online dasses. supp¢Yt groups, hubs and talks. Carers joined us for weekly ¢offee momings, exercise classes. sinn9 and hubs. Fortnithty we prowded counselling to isolated care as well 48 befeaved Carers. m1th1Y we held cooking dasses, art dasses. llrywer arrangng and book Clubs. The Nalional Lottery wovided fijnth fiv some of Ihese acliiribes and we ere fvfvl. The GP Driv In's also continued vwbjauy. As national fiwres have sh(Y•m the number of Carws has (thjring the pdern1¢ as has the demand on Carers and this is rellected in the demand on servic that the Tt wovides. Investmont policy and pwfvrniance The Trustees aim to rnaximi5e Ihe amount of investment income received ¥thIst keeping the ChS fund5 reasonably accessible, in acuxd4nce with the Athles of fv*soci•1jr. The thanty does not hold inveslments ¢)Iher Ihan monies held deposit. FINANCIAL REVIEW The T$t reported net income of £69,118 fw the year to 31 Marth 2021. As at 31 K4ar¢h 2W21. the TNst had re$eNes of £397.994 of wtiith £53.708 relates to restricted funds and £344288 is ur¥estricted and available frjr the general purposes ofthe tharity.
THE PRlhlCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2021 The Tntstees policy is to maintsin free reserves in unrestited ndS at a level which equates to apprtsyimately six months of Ining co8ts bul the aim is to have free reserves in unrestrKted funds at a level v•hich ewates to twelve months of running costs. The Trustees constder Ihat this level will provide sufficient funds to maintain the pro¥ision OIChlIable a¢tivilies and, ifne¢essery, to resp lo any thaftges in Hampshire County Council funding. Prfnclplo funding (%Jr prine fimder ¢onknues to be Hamp5lire County Council. The Tr1 is forbjnate Ihat it conlinues to hold a contract vKlh HampsF#re Ctxthty Coun(xl thIc wves stabilrty to core adNibes as as fimlher wants ilh cknical commissioning OU. The Board 15 aware of the importance of c(u1ng to seek altemthe [(ng streams and also mairtaining adequate financial reserves. PLANS FOR TrIE FUTURE It is essential to ensure the conlinualK>n of aH core of the Charity. The Tntst 7AfA cOntire to strengthen relationslmps Wjrking prnell the Clinical CommiB8ioning Group8 and emerulng healih bo(les as weH as the local aknlty. The TnJstNill continue to moniiDr and in¥Aement the Cwe Act legislalion. The Trnstees conlinue to monitor the impactol the Covi&19 pandemic Up¢ the thlty and atthis slage there has not been a signifKant impact on our aGli¥ities. Based on our exFbwience to date we expect this to remain the case for the foreseeable firture. We have taken 8 number of measwes trj monitor and mtyate the effects of Covi(k19, induding implementing additional health and Safety measures kn our people and delivering 8eThices remoteky ththen this is practicable. We wim do (xy utmost to conte our operalions in the best and safest possible to continue to wovi(k mudbneeded support for Cwers Ihese times. PUBUC BENEFIT The Charity provided free. impartial and Wpwopriate $utwt to C8rÈrs Ilwwghoul Hampstrdre through informatron, adwice. guidance and ad¥orACy. Carers are akn sur4)orted with help wilh respite care and transportation. The Tfust carws ¥%ith infomiathon, advice and8pUrt on a on• to one basis in complex The Emergency Plannlng for Carers Scheme cyerated and bs a¥aAable 24 hours a day 7 days a ek should a Carer become encounter an emewgency where they could not care for Iheir cawe&for and v hav8 s8en an in(Yease in the number ol referrals being made as well as the number of anS aclivated. The Tntst witiwes to ld a Carer &pport conlrncl 4th the Norlh East Hampshire and Famham Clinical Commissioning Group (now NHS Frimley CCG) to woyide (arer SUpportthrou care Hubs. The TnL8tÈes confimb that they have complied wilh their duty under seclion 17(5) of the Chaiities Act 2011 to have due regard to the Charty commis9,$ guid•n¢e on wknlic benefiÈwheTr exerci$w any po¥R ordulie5 to kn1¢h this guidance is relevant.
ThE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No.. 29558461 REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2021 TrUSTEES' RESPONSIBIUTIES IN RELATION TO THE FINANCIAL STATEMENT5 The Trustees, are also Directors of The Piincess Royal Trust for Carers in Hampshire for Ihe PWbOSe of company law. are rÈxponsible for preparing the Trustees report and rMlia1 statements in accoidance lIh appIlble law and United lfjngdom Accounting Standards (Unttèd Kingdom GÈnÈraUy AttÈptÈd A¢count"ng Ptaclice). Comp4ny law TegAres the Tnstees to prepar¢ fm8ndal statements fot financial year. Under Ihat the Trustees have fjlected lo ptepaie the ffftan(Aal statements in aw>rdan¢e vAlh United Kingdom GenÈr4lly Accepted At&)untMig F¥tice (United ngdorn A(C(lI1n9 Standarth and applcable law). lthder company law the Trustees must not apwove the financi81 stthments unless they are satisfied that they give a true and fair view ofthe state of affairs of the (aritable company and the profft or loss for the charlable corytyaTry for that period. In preparing these financial statements the Trustees are rewirad to: Seled suitable accounting policies and apply them conten. Observe the methods and principles in the Charitie5 SORP Make judgments and Èstnates Ihat ate reasonatAe and Prudent,. stste thether applicable UK Accounting Standar¢ts have been f0llty•d. 8ubie¢t to Y mrial deparhwes disclosed and explained in the financi statemwts. arNd Prepare the accounts on a going coDeem bas lesS it is to pfftsuffle Ihat Ihe cofflpany Y*ill continue in operation. The Twstees are responwble for maintainlng proper accnting recotth vthich (IscloBe 7Ailh reasonable accuracy al any time the financial posilion of Ihe Charity and enables them to ensure that the financial statemerrtg ¢omrAy W1h the Companies Ad 2(M)S, Ihe requirements of the Charity's governing dorjjment and the iequirements of Ihe Charity SORP. Thèy Arè rÈspMsible for safeguarding Ihe assets of thè Charity and hence for tsking reasonable steps forthe we¥ention and detection of fraud #nd othèr iNÈgularities. Thi¥ report ha$ been prepared kn I¢rnce YAlh Ihe ProV10n$ of Pwt 15 ofthe Companies Acl 2006 welab'ng to smam ColeS. ON BEHALF OF THE BOARD OF TRUSTEES: M kKial- Chainnan Dale: 21.11.21
INDEPENT EXAMINER'S REPORT TO THE TrUSTEES OF THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE ('THE COMPANY) (COMPANY NO: 29558461 FOR THE YEAR ENDING 31 MARCH 2021 I rwt tr) the tharity trustees on my examination of the accounts ofthe coMY fivthe year endod 31 Mar¢h 2021. Resp¢ffisiblili•s and basi5 of As the dwrity's Intee$ of the Company (and also its 1eCto for the purpose6 of cofflpony Iw) you are reSpOle forthe pParatIon of Ihe aCColS ITr acc(Ydance7ilh the fequlrements ofthe Comp4nios Ad 2006 ('the 2006 Acf). Having salisfied msself Ihat the accouwts of the Cornp8ny are not rewred to be wJdhlÈd under Part 16 of the 2006 Act and are eligible for ndependÈnt aMinati(. I report in respect of my exarnina11( of yow accounts as caThied (t under seclion 145 of thè Chaiities Act 2011 {Mhe 2011 kf). In ca1ng out my examinati I have lollowed the Oirections gven by the Charity Commi8sion under seLlion 145(5) (b) of the 2011 Act. Indep)deY•t exaMS statem Sbnce the CoMpY'S w incomÈ ceeded £250.000 >fJur examiner must be a member of a body thsted in sedion 145 ofthe 2011 Ala. l eonfirni that l am walified to undertake the examinalion because l a member of InstiJ ofchartered AcUntants In Ennd Ws, Vthith IB ono oftt listed bodes. I have completed my examknalion. I Cffirm that no matters have come to my atterdion in cOnTrli0n the examknallon giviig me cause to believe.. accounting recorth not kept in respect of the C¢ffip8Try a¥ rewired by sethin 386 of the 2006 2. the ants th) not told vrflh those recorth: or 3. the accounts do not ¢omply W1h the aCColing requwements of seclion 396 gflhe 2006 Ad otherthan any requirementthatlhè accounts give a Irue and frdir ¥iew 15 not a mattor considered as part of an independent examination., or 4. the a¢Unts have not been prepared in acconkne •th the melhods and wywles ofthe Statement of Recommended Pradice for accounling and weporfing by th0111S applicable to charilies prepaiing their accounts in accordance the Financial Reporling Skndarll awlG•ble in the UK and Republic of Ireland (FRS 102). I have no concerns andhavecome au05$r olher matlws li comedion TIhthe examinalion towhicti artention should be thaym in thi5 in order to enable a woper understanding of the o(xounts to be readjed. Susan &lli¥an FCA Rothmans LLP Chartered Accountants Avelwjry House st Peter Street Winchester Hampshire S023 8BN 23 December 2021
THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE Icomwany No". 2955846) STATEMENT OF FINANCIAL ACTIVrnES UNCLUDING INCOME & EXPENDITURE ACCOUNTI FOR THE YEAR ENDING 31 MARCH 2021 Totsl Funds 20 Totsl Fuff•ds Fund5 2020 INCOME FROM: Don10nS legaue5 Charitable 8ctivibes Investrnenls 15,215 69,745 141 15,963 462.887 141 14,994 554.959 733 393.142 Tol31 Income 85,101 393,890 .991 EXPENDMIRE ON: Charita>le activities 2,332 407,539 409.871 590,474 Total èxpwKIIIurn 2.332 407,53g 409,871 590,474 NET INCOME I (EXPENDrfuRE 82,769 113,6491 69.120 119.7881 14 (19.5241 19.524 NET MOVEAIEIIT IN FUt4DS 63.245 5.875 69.120 119,7881 RECoNCILoN OF FUNDS: Total fvnds broughtforwwd 14 281,043 47,833 Y28.876 348.664 Totatfvnd5 cwried foNArd 14 344,288 53.708 397,996 328,876 The statsment of financwdl a¢liv51les Indudes all gaiKts and losses re¢owd in the year. All income and expen(liiure deri¥es fmm contwiuing athffjbes. The noles on paggs 11 to 23 fom? part of these )Snancial $t*ments
TrIE PRINCESS ROYAL IRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) BALANCE SHEET FOR IIIE YEAR ENDING 31 MARCH 2021 2021 2020 Fixed Assets Tangble Assets Totsl fixed assets 18,150 18.150 4,407 4,407 Debto Cash at bk harwj Totsl Gurrent assets 10,040 382.810 11228 325.378 336,6 10 Liabilities credit3. knounts falling due lIhin ¢>ne yoar 11 (13,004) (12.1371 379.846 324.469 Total netaSs9 328 876 The fvnds of Ihe tharily. Unrestricted Fund8 Restricled Funds Total Charity Ftmds 14 14 344.288 53.708 397 996 281,043 47.833 328 876 The charitable con¥)any is enmvd to •X•T•W'on from aullt under seLlioTr 477 of the Companies 2006 the year enthg 31 Marth 2021. The member5 have not reyed the cOmpY to an audit ol ils acvjunts fur the ended 31 March 2021 in accordce V1h seclion 476 of Ihe Com1•S 2006" The tntstees a¢kIge Iheir reSA)lli11eS for: a) en$ITrg that the thaita)le MpanY keeps accounling com¥tyilh Seclions 386 and 387 of the Companies Act 26 b) preparwffj finanrAal statements thich live a Iwe and far view ofthe state of affws ofthe ¢hwilable compmi as at Ihe end of each fmancial year and of its surphts or defKit f(Y eath yew accordance T*ilh Ihe rewirements of Seclions 394 and 395 and vknith atheTh•ise coryty Y1h Ihe requirements of the Companles Act 21M)6 to ffiancial statements, so far as applicable to the These acc4Junts have been prepared accord&nce ¥Alh Ihe S¢181 yo¥isions of Pwt 15 of the Companies Act 20(ffj Telating to small mPare$ and constibjte Ihe annual accounts reqed by the Companies kt 2rth and are fow circulalion to mernbe ofthe Thpany. The financS8l statem 21 Detember 2021 we 4)woved by the INstees on ............................... and were siwed on thew behalf by.. l Tait Trustee Dr M Marval Chaiman The n¢J¢es on pages Il to 23 lum pat of Ihese )TrwJoal stalements
THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Cowany No.. 2955846) STATEMENT OF CASH FLOWS FOR THE YEAR ENtMNG 31 MARCH 2021 Total Funds 2021 Total Funds 2020 Cash provid byopErating aciviti8s: 76,482 q26,926) Interest trom investmenls Purchase of fixed assets Net cash pmvided by inveslmg activitigs 19.191 119,OSO) {177) Incr0 in cash and cash equivalents in th• year 57832 126.370) Cash and cash 1ValentS at thè beginning of the y•ar 325.378 351,748 Cash and cash Èquivalents at th• •nd of the yr 10,21 325,378 Tho notes on pages 11 to 23 f¢Nm partof Ihgse )frMnrAal stements 10
THE PRINCESS ROYAL IRUST FOR CARERS IN HAMPSHIRE (Company No.. 2955846) NOTES TO THE FINANCIAL STATEME FOR IHE YEAR ENDING 31 MARCH 2021 The Prntxss Royal Tnjst kn Carers In Hampshire is a tharitablÈ company, Ivnited by 0)tee, registered in England and Wales. Its rewtered office and WWbfAFAe place of IsineSS is Andover War Memorial H05Wtal, ChaFllon Road, Andover. Hampshire. SPIO 3L8. 1. Prncipal Afxounlmig Poki The fmancial slatements of the tharilable cornpony. ¥trthi¢h 15 a benefft entity under FRS 102. have been pwared in accordance ilh the Chawities SORP (FRS 1021 'ACcjntsng and Reporfing by Charilies." Statement of Rec0Mnded Prathe apPh'Cab to tharities prepaiing their accounts in a¢cordan¢e ilh the Finanual Reportttig Standard applicable in the UK and RepublK of Ireknd (FRS 102) Second Eition' (effecli¥e 1 January 2019), the Companies Act 2006 and Ihe Chailies Act 2011. The ffinan(d statements have been prepared under the ht8torical cost convention. The f)ancial statemeTrts are prepared in 51wling vthith is the ncIDna1 wesentati1 of Ihe Charty. The thancial statements are rounded to the neares p0d. The accounts ore prepared on the Ing concern basis. on the assumpli(m Ihat the charity ¢tinue to be succs1 in tendering fow c4Ntracts ilh HamFEIMre County Cne11. If these contrads are not fenewed then it is probable that the tharilies adi¥ities thUld relj substanti8lly. The trustees have re¥iewed the tharities posilion and are Clfidrt that it has adequate reserves trj eDBble itts) con1we to operate for the fDteseeabl8 fubjre. In preparing these accounts the twstees have not had to make any significant judgements. Therè are no Sources of estimali¢m uncewtsinty ththith ha¥e a siwifjcant visk of wsing a matewial adpistment to the ca19 am01$ of assets and liaiylilies vdlhin the next11n(ma1 >ar. The a¢¢oMts Cover the Far to 31 Marth 2021, knilh compwatr4es for the yeaf to 31 March 2020. ¢1 In¢47m• Income is included in the Accounts on an acuuals basis. Voluntsy income comtMi$es dationS and granls of a pneral nature 15 Tecowmsed Ihe charity has uncondrtional enlillefflent to Ihe resources. Income from charrlable adivilies in(knles reced lo knd spaofic pwogramme a¢a¥ilJes, subsfxipts'ons and other incoming re5(MJices. InCe from goveJnment and other grants is recognised the has entthmant tr) the Trds, any performance conthtiMs attached to tho grants have been me( it 15 probable Ihal the income knill be feceNed and the amount can be measwed reliably. Income trom gant agreements wknich require Ihe pwhrmancè of seNices over time is reCOLsed as eath period of servi¢e 1$ ddi¥ered and incorne received artnCe for ser¥ice5 to be delpjered alier the reporling ped is deferr•d as approwiate. Investment Income. comwising interest received on knids on depos¢ is recognised then Teceivable by 1he tharity. The tharity thes not rec1ve Y donated g)ods, fadilies ow ser¥ice8. In aCcordce 7th the Charflies SORP {FRS 102), the contribution of gÈTheral VolteerS is not re¢wised **hin these fnancial statements. Detals of the role plffjwd by general ¥Ontee[s and Iheir contribulions to the Charity are ven in the Tne Rwrt. All income relates to the sole athity of provi(Sng gjpport to Crns kn Hamp51¥re. An andyBF5 of restricted income byproiect is provlded in Note 14 of these aCcots. 11
TrIE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) NOTES TO IHE FINADKIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2021 Expen(fitse ts recwxsed an a¢fxuab b•8ls vkn a lawy is in(xMred. R050WC8s exp8nded include altrlbutable VAT which cannot be recovefed. Chaitable eXpenthe ry)mpTises Iho8e crAts incwred by Ihe thary in the delNery of acli¥ibes and serGe3 hr its benefiaaiies. It indudes bolh costs that ean be allted direthto suth acli¥ies and those tosls of an in(fjrect nalure necessary to SW Ihem. Goveman¢e ¢osts are ncluded Milhin supp(i Gosts and those C{ a5501iated ilh meeting the constitutional stabjtory rewrements of the chwity indud• the •utht 188$ and (sts knked to the Strat¥¢ managemert ofthe dlarity. Costs are allocated to the hea(&ngs and funth on the IMsi5 of specifiG usage. Where costs Gannot be ithrectty allocated Ihey are apporlioned beiwèèn the tYJ maiot woiects, Carer Supp1 and Infonnation and Emergency Planning for Carers on Ihe basis ol knnding. All projects faH w)der the sole charitable activity of provi¢Ang support to cerS Kt Hampshire. e) Tanglble fiMdAss•ts Tangble fixed assets aTe stated at cost less depreri•lion and comwise lumire. fithres and computer e(wipment. Dewe¢iatiQll is provided on a Strtht kne basis o¥er the estimated useful e(4MvJmic life of each asse( is considered to be.. Fumibxe and ewipment Computer equipment 4 al$ 4 years Impalrfflent relie are carried 8S 8nd then evidence ¢>)mes to hght that the recoverabk amount of a fundion•l fixed asset 15 belowits nel book value tr) damage. obs(4escence or other relevant factors. fj TOn As a tharity, Th? lreSS Royal Tnrtt 15 exeiw from lax on Income and gHins falling ilhin seclion 505 of the Taxes Act 1988 or s256 of the Taxati(ffi of Chargeable GOI Act 1992 to Ihe extent that these are applied to 115 charilatrAe ol¥ects. No tax charges have wisen in the Charity. g) Opwaung Leases Lease payments in respect of operaling leases are tharged to the Profji and Loss acnI as InjIred. h) Deblw Trade and olh8T debt0 are rewised al the selllemert amtyJDt due after any trath thsc¢Junt offered. Ftrw4yments are valued at the OUnt prepaid after taking account ofany trade dtscounts tJe. ) Credltor8 •mlpmvlsions CredItS and provisions fow hilleS and charges are retowised kne the chth ha5 a present obligation resulling trom a past event that probabty result in lh• transfer of ID a third party and the amount to setlle the olAigation can be measured or estimat reliaity. Credit5 and provisio are nomially recrwised at thvir setllement amount after allo¥9 thy any tr•Je thscounts due. The trust only has fmancial assets and financial liabilties of a kind that qualfy as bas fmanclal instruments and are MeaSud at amorksed cost. Basic fmancial 1jments are debt instruments comwise trade debtors and cash at bank and hand and these assets are inilialfy recowised at transaclion value and subsewenlty measured at their seittement value. The carfyvig of these ins1ments are glven Notes 9 & 10 of these acmunts. Basic fincIal in51wments vthi¢h a fffian¢ial liabthtse3 comprise trade credtors wthi¢h fjfe initialky recolsed at transaction value and sthÈwÈnty measured at their seidement value. The carTring amowrt of thÈsÈ instruments 15 given in Note 11 of those accounts. Incom aIng from )Inancial A&*ets measured at amortis•d cost mXIseS bank interest is th5dosed in N(de 2(cl. 12
THE PRP4CESS ROYAL TRUST FOR clERs IN HAMPSHIRE (Company No.. 2955846> NOTES TO THE FINANCIAL STATEMENTS FCR THE YEAR ENDING 31 MARCH 2021 FA¢cOUng Restricted ld9 are maintained ¥hn a Were5 that it mt spwrt on a porf¢ular puwe or there funts have been wa8ed for a speafic purpose. Designated knds are Jnds setaside byth• Int kn Parli•¥ purp)ses or propcts. other are ustrICted general vKome tunts we available use al lh¢ thstxelion of the tsustees in furlherance of general objectives of the chaiity. The Charity bs a company I'mited by rntee ha5 no Sha The lialmY of eath member in the Employees ol Iha thwity wa anlthd to join a d•fjned ¢xxthulion 'rney sthème. The Charity contri1xlon is restric to the c(mlthtiorts ¢li8dosed In note 3. Thè olthÈ dÈthed ntrIAlOn stherne are inthded Y•thin wages and are tharged to the unrestiicted and restricted frjnth of the tharity using Ihe methodology set (yjt in note 1(d). The Tntst has no babilty in respect of Ihis pension Sm• b8ycffld making its ¢ontillM)nS thd paying auoss the dethdions for the emOyeeS nIT*IlOn$. 13
THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2021 2. 2021 2020 15,215 15.215 748 748 15.963 15.963 14.994 14.994 In FY2020 £9.775 of thnati¥ Unrestri and £5219 re iestricied. b) In¢omefMm chilable aclivili•s Grants 69.745 393,142 4ff2.887 554,869 90 554.959 69.745 393.142 462,887 In FY2020 £40.680 of Grnnts ur•T8strided and £514,279 4Te restridpd. All subsuiptt gKome was uniestsiLted. Bank and buil(kng so inknest re¢dved In FY2020 au interest re(ived was el¢led. 141 141 733 2021 2020 Wa5 and salarfes Social sewity (x)g contributi to defined contrlxrtion pen8lon 8chem•s 245.566 17206 4.951 401.974 26,407 6.081 434.462 The thaTly trusknts were not paid, nLY ¥eceived any othef benefts from 4th 1he Chary during the year {2020: £NIL). No chwity Intstee weceived paymfjrt lor yofessional or olhew 5er¥ices sWied to Ihe thwity12020: £NIL). No thWltyts exnseS have been incurred. The a¥erage monthly head 0(rt of enwloyeeB in the yearwas as fol0¥. 2021 Centre Manager AdministratfA Carer Supp(xl Offic5 11 15 Thè Charfty consldets Ils key management PWsonnel com&¥tse8 the tector of Operations and senior 5tafl membws. The total emplosrynent benefits induthng emp40y penS1r conlitxkn of the key managBmeTrt perSne1 £146.476 (2020: £264.3861. Durin9 the year, fbo emplOS eamed In excess of £60,00012020: 1 emplryee eamed belwn £120,1100 and £130.(M>O due to a re¢kmdancy wrangement. *thich was Partnded by an exiemal slakehdder). The totsl value of redd & P•15 made to employees vrns £Trll {21Y20: £882on 14
4rwl1Tr Stim(a) fT YAI TotsTr> 1&1¥J 5IQ525 17. 2ZI 4WJ 141D 1512 24421 11176 42X 15 17T ,137 41Xi 010 zi 2. 21.Z22 IIJ.W 312883 •V7a 117857 42 1.1 131,D31 241 .*t¥h) &065 8891
JIW Jiu,S7A I7.k¥56 ¥.1 42M• 4,*2 5312 X421 7k.156 10 1Q $.7T4 1172 1.12> 1491 11.424 2.74) 1& Irij 2.ljo J18 IlQ.dlQ Tk4.Qll 2.WQ 47.5 4J9.443 .1 71.442 117.937 11I51D Z4 1721 515 Jyl 47 1.135 1,440 4T I?Im1 13 X¢.414 2.OYJ 2Y7 1175 ,171 W1$
THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE {CompaThy No.. 2955846) NOTES TO IHE FINANCIAL STATEMENTS FOR TrIE YEAR ENDING 31 MARCH 2021 6. Grnnts Payabl• Grants payth relate to £2,670 of Carers Tnt pawnerts made to 16 reaptents P20. £2,030 to 8 recipienls) and £39,515 of HCC Carets GraTrts made to 73 reryients P020: £N. No Iiifmter ants were paid in the rrent year121r20: £100 to 1 receyient). 6. Not in¢oTh I (eXpiluR for year) 2020 This 15 slated after tharging: DepreciatioTr Audrtors remunerÈlion Jr: AOUntaneY Ser¥Kes Infjependent Examiners remuneialion for. Independent Examination 5.412 5.116 1.500 4200 1,500 4,200 Tolal 2020 Funds Funds INCOME FROM: DonAti¢¥)g and I8(#t$ Charitsble athibes Investrnents Totsl Irwme 9,775 40,680 733 51,188 5,219 514,279 14.994 554.959 733 570.686 519,498 EXPENDtTURE ON: Charitsble a¢tr¥btse¥ Totsl ExPdiJre 316 316 590.158 590.158 590,474 590,474 NET INCO•AE I (EXPENDITURE) 50,872 (70.660) (19,788) Transfers beiween funts (149,620) 149,820 NEf MOVEMENT IN FUNDS (98,748) 78.960 (19.788) Total brought forward 379,791 (31.127) Total [dS ¢nied forwwd 281,043 47,833 328,876 17
THE PRINCESS ROYAL TrUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR TrIE YEAR ENDING 31 MARCH 2021
8. Fix•d Assets
Fumilurn
FixluTrs &
Fittin9S
Equiwwnt
Cost
As at 01 Awil 2020
A
IHE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) NOTES TO TrIE FINANCIAL STAIEMEIITS FOR IHE YEAR ENDING 31 MARCH 2021 The chlty dd nothwe any deferred Iwjme in the [rent or prior ye¥. 13. Funds rac•i¥•d as 4•nt No tunds were re¢aved as agent thring the uJrTent or prior year. 14. Ansls d Chartlable Funds Anatysis of Movement kn UTh$111ed Funds. CurnntYe•f 1 Apr2020 Resouffes ResouT¢M TrnTrsf•rn 31 Mar 2021 General Fund 281,043 85,101 12,332) (19,524) 344288 Transfe £19.524 wrfe made from unrestricted fixMl¥ to ¢over ts¥er-8peTrds on restrthd Ffoiects during the year. Analyw of moveme kn UnMti*led Funds . PrforYe•r Balance at Incoming Outgo#ig Balan al 1 Apr 2019 Resou5 T$15 31 M¥2020 General Fund 316 149.620 281.043 Transfers total¥ng £149,620 made from unrestricted funds to covw wer-spents on restricted projects during the year.
THE PRINCESS ROYAL TrUST FOR clERs IN HAMPSHIRE {Company No: 2955846) NOTES TO THE FINANflAL STAIEMEKt5 FOR IHE YEAR ENDING 31 MARCH 2021 t& Analysis ol chari14 Funds (Continu.-) Anatysis of Mov•m8nt in Restr Funds. CurY•nl Ythr Balan at Incoming 1 Apr2020 ReC•S Trniskn 31 Mar 2021 Emergency plan for Carevs SuNiving Witer 221906 41.430) 19.524 885 8.095 10,976 59,497 3.000 352 (62.378) (3.000) (4.552) (105) {8,894) (25,071) (5,565) (55.645) (899 Carer5 Tn1 Young Ath115 Carers NEH CeletKaling Carers Ihrough Art S Health NHS Found Tntst Nallonal Lthy GYrt11) Natlonal Lottery Grant (2) HCC Covid Grants Fixed hssets 22.097 4.981 17,897 4.876 29,980 19,155 60.000 (3.933) (12,636) 976 954 4.355 15.670 16.569 47.833 393.890 407.539) 19.524 53.708 Analysis of PAovth)wnl in RestiKIEd FuTrd$. Pvk>r Year 8akn¢8 at Inconthg OutyoiTrg 1 Apr 2019 ResouS Resrn Tnmslern 31 Plar 2020 CaTer &yp(rt & Information Emergen¢ry plann# for C¥e SuNivtn9 Winter NE Harts Carers SeThl¢es CaTeTr Tt Time Tother Grp Haong1S1and Young A(kth Cawers NEH Military Vetefan5 Celebrating Carers thrtyjgh Art S Heth NHS Found Tntst 180,182 242,651 (217,875) {303,484) (100) (50.739) (2.030) (2,58n (7.080) {3,090) (3.173) 37m3 111.569 (50,736) 885 10,976 2218 59,497 358 14.177 15,000 22.097 8.154 8.894 519.498 4.981 8,894 47.833 31,12 [.158) 149,620 Emery•w Plnnnllry fvjr Carn5- To provide an emergenvi plan for Care should Ihe C become • or unabie to provide the care that they have been g¥ing. This ¢ontra¢t was renewed vAlh Hampshire County CO¢ Jr 3 fr¢)m 1 Awil 2019 10 31 Marth 2022. PA4r¥i¥ing Wmter - To idenlify need of falI1 swjport to pay heatrw tiik •HI facilitate access to government to a¥•viate hardship. Young Alt8 Car•Ys- WOPCt to start looklng atlhe naed& of Yo)g athlt (arws (W 1&25 arn). This is nota time limited PfOPCt and be ongoing. 20
THE PRINCESS ROYAL IRUST FOR CARERS IN HAMPSHIRE (CompaTry No.. 2955846) NOTES TO IHE FINANCIAL STATEMENTS FOR TrIE YEAR ENDING 31 MARCH 2021 14. Anatysi5 Chwilable Funds Irt... Purposes ol Re5trKtod Funds (cimtinued..) - A wst from North East Harrwhwe CCG to provide monthly care Hubs ' varlous lo¢•tions in Nwth East Hampshwe ¥thith ara as a 'one sknp sh(p' Ire carern gther malitin 8nd seek ad¥Ke and support in Telalion to their ¢wing role. To facThtate Carw5 Clnirs at GP surgwies in N E Hants thre TerS can m•ke 8pp)intments to See a carer supwt worker for advice and informalion in relalion to Iheir carng and there Ihe carer supp(¥t To thal I and suppwt caTers ffi vaTi¢XM aBpeds of carKw in (ffthr to ease their anxiety This woiect has been extended to 318t Maf¢h 2022. Carnrs Twst . A Trd enths SM to b• to VbthvKlwl to l tthem cw TIh eXF expense iniawred (kle to ltr (aring respOlb1y. TIMS fiwwng strwm ha5 cID8ed wilh al funds dBtritrArted kn rArers as w the uiknia. and Famham clini1 Commbs5ioning Group as as variou5 olhÈr slakeholders suth as Care Ambassadors and Aclion for Carers Surrey to an arts competitiryb for car. Thls ¢yJlmlnatad in an S H1h NHS Found TNst - Ihis 15 a project that 15 in its plot &se seeks trj thise, signpost and guide people Ihat may be in need of support in the com1rnty have been assessèd and triad but found not to meet the uiierlti fr 6•r¥kes a CMHT or olh•r commurmty team. group counBellNig, boxes updated IT •wiprnont siaff a compb8t• redesi of the National Lotkry Orant 2 . A tIO cleCt caTU5 the pandenmc to IT efjwment that can be kwied to carers, as as sessi(m to indude sinwg. baking. fiovr wranging w)d book dub. assrknce duiing the pandemic vthlh infeclion ¢trOl. Fixed Ass . This repr8$8nts fred assets acqured from restiicled fvjnds. Transkn irtD tho knj relate to Ihe acwi5ilr)n of new assets and expen(lire i& recowffjed as the assets are dYeC over the useful economic INes. - To pro¥ide Care VAlh support irrformali(m to h them v4ilh promthgthe ¢are they delr4er. This txoprt ceased on 31 Wt 2019 TwnE Toger Hayling lsl•d . to provide a monthly gTOUP and their ¢wed for pern to spend lime togethew in a soiaal en¥woThment. Provides edu¢alioTr, )cial and leisure 4cts¥ilies. MilAaryVel•rnns PrnieGt. This V4TS 9 12 strudured prwam to supyt (re Ofng of ex rriknry peTronnel. There vrns *tUe engagement aftu 3 80 the was 8uspenthd and ))Jnds were retsmed to the ndEr. 21
THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846} NOTES TO TrIE FINANCIAL STAIEMENT5 FOR THE YEAR ENDING 31 MARCH 2021 Fd balances at 31 Mwch 2021 Represerrted by.. Tangible fixed assets Current assets Creditors: amounts falkng due vAthin fTh year 1,934 16,216 18.150 392.850 {13,rJJ4> {13.0041 53,708 Fund balances at 31 March 2020 Reprnsgnted by: Unrn5trict•d ReStrK Total 2020 Tanglble fixed assets Current assets Credrt0. amounts klbng thje 4•ilton one y 4.407 4,407 336.606 112,137) 281,043 112.137) 281.043 47.833 328.876 At 31 March 2021 and 31 March 2020 the charity did not have any ¢ommllments undeT nortrc•n¢eM•ble operating leases. 17. Tran&wlion5 with R•lalad Partigs The vKre no IxansadKns Mith Telated parties the year. 18. Government Grants Income from govemment waTrts comprtses ants made by local aUthle$ to frjnd the Carer supptsrt proats njn by The ROW Tntst for Care. T(Aal inc(bm from go¥wTKnent in the 15 a# fc41ow5." 2021 2020 Fund Hampstrmre Cwncl Hampshire County Cwncil Hampstrfjre Cfxmty Cwncil West Hampshire CCG NE Hants & Fafflham CCG NE Hants & Farnham CCG SoLtth Eastem Hampshke CCG North Hampshire CCG Fareham & Gosport CCG Southern Heamh NHS F Tt HM Revenue & Customs Carer Support & InMiall0 Emergency Hannin9 for Carews HCC care Fd Hants carers suppLYt & nfo Young ai*Jlt carers NE Hants Carers SeTh Hants cafers support & info Hants carws support & info support & info Fareham & Gosport trial Job RetellIi( Scheme Grants 144,142 242,633 221,511 60,000 18,911 18,911 15.000 59,497 7,265 7,380 7,034 8,894 59.497 7,149 7,149 36,535 0,75 10,758
ThE PRINCE&8 ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No.. 2955846) NOTES TO THE FINANCIAL STATEMENT8 FOR ThE YEAR ENDING 31 MARCH 2021 19. Ullimat• Controllvhg Party The Charity is controlled by its trustees. who also Its dlreraoTr. 20. Racon¢Nl•llon of not movemeftt in lunds to net Gajh fflow from operatmw aclivitie• 2021 2020 Net mtr4ement in fvnds Add back depte(aation char Dethjct income shown in investing aclivibe6 De¢7ease lin¢rease} kn debtors Increase (deue) in creditors Net cash used in yrab.ng actbvilies 69,120 5,448 (141) 1,188 (19,788) 5,941 1733) 3,432 115,778 21. Anafysi$ of Cash and Cash Equival•nts 2021 2020 Cash atbank in hand 382,810 325,378 Net cash used in operating acbvit 382,810 325.378 23