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 F￿￿da1 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 Cer￿e to The Princess Royal Tntst for Carer5 in Hampshire. DIRECTORS AND TRUSTEES The directo￿ ofthe choiitsble CoMp￿Y (￿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 WeStM￿Ster 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 dIred￿s, reprrtand accounts frjr Companies Act Pu￿OSe8. Legal and Admni6tralive infotm41ion set out OTr page 1 part ofthis report. The financial statements have been wepered ID accordance ￿lIh the acco￿ting 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 Acc￿nting 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 MemoRnard 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 ethca*i( Reswts Oppothnilies Rewlar carers. support ￿lIPS Emolional Support and a listening ear Efflergency Plannlng for Carers Flee COunsel￿ng by way ofvoluntary qualified c(￿￿10(5 Carets. Clini(s in Ihe cOmm￿ty 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 COW￿l￿g 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 C￿tract hilh Hlmpshire County Cow)cil as WBI as Ihe dinicd COM￿onIng groups lor Ihe prn¥ision ofthe Emergency Planning C¥ws service. We also provide i*rer 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 Im￿ement 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 re￿ar feethack re￿IVed frorn bolh carers and profe8sional5. The Tiust con11￿S to enjoy good Strong working relationships Y￿th Hanwiiie County c￿nCiL. the Ive dinical commissioning groups. the nevly emer￿n9 Integrated Care s￿ems (ICS), the Parkinw Society. Enham T￿￿1. Ihe Volwtsry Community s￿VICeS. 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 $er¥Kes am S￿•t¢hed to virlual a￿1 online services. Welfare chècks were made ￿eklY hundreds of C¥ets via telephone, skype. zoom l•cetimè. These progressed to a Mlde range of online dasses. supp¢Yt groups, hubs and talks. Carers joined us for weekly ¢offee momings, exercise classes. sin￿n9 and hubs. Fortnithty we prowded counselling to isolated care￿ as well 48 befeaved Carers. m￿1th1Y we held cooking dasses, art dasses. llrywer arrangng and book Clubs. The Nalional Lottery wovided fijnth fiv some of Ihese acliiribes and we ere fvfvl. The GP Driv In's also continued vwbjauy. As national fiwres have sh(Y•m the number of Carws has (thjring the p￿dern1¢ as has the demand on Carers and this is rellected in the demand on servic￿ that the T￿￿t wovides. Investmont policy and pwfvrniance The Trustees aim to rnaximi5e Ihe amount of investment income received ¥thIst keeping the Ch￿￿S fund5 reasonably accessible, in acuxd4nce with the Athles of fv*soci•1jr￿. The thanty does not hold inveslments ¢)Iher Ihan monies held ￿ deposit. FINANCIAL REVIEW The T￿$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 unresti￿ted ￿ndS at a level which equates to apprtsyimately six months of I￿ning 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 OICh￿lIable a¢tivilies and, ifne¢essery, to resp￿￿ lo any thaftges in Hampshire County Council funding. Prfnclplo funding (%Jr prin*e fimder ¢onknues to be Hamp5lire County Council. The Tr￿1 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 cOntir￿e to strengthen relationslmps Wjrking prnell￿ the Clinical CommiB8ioning Group8 and emerulng healih bo(les as weH as the local a￿kn￿lty. 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 th￿lty 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 cont￿e 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 $utwt to C8rÈrs Ilwwghoul Hampstrdre through informatron, adwice. guidance and ad¥orACy. Carers are akn sur4)orted with help wilh respite care and transportation. The Tfust carws ¥%ith infomiathon, advice and8￿pUrt on a on• to one basis in complex The Emergency Plannlng for Carers Scheme ￿ cyerated and bs a¥aAable 24 hours a day 7 days a **ek should a Carer become encounter an emewgency where they could not care for Iheir cawe&for and v* hav8 s8en an in(Yease in the number ol referrals being made as well as the number of ￿anS aclivated. The Tntst witiwes to l￿d a Carer &pport conlrncl *4th the Norlh East Hampshire and Famham Clinical Commissioning Group (now NHS Frimley CCG) to woyide (arer SUpportthrou￿ care￿ Hubs. The TnL8tÈes confimb that they have complied wilh their duty under seclion 17(5) of the Chaiities Act 2011 to have due regard to the Charty commis9￿,$ 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 rM￿lia1 statements in accoidance ￿lIh appIl￿ble 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 con￿ten￿. Observe the methods and principles in the Charitie5 SORP Make judgments and Èst*nates Ihat ate reasonatAe and Prudent,. stste *thether applicable UK Accounting Standar¢ts have been f0llty•￿d. 8ubie¢t to ￿Y m*rial deparhwes disclosed and explained in the financi￿ statemwts. arNd Prepare the accounts on a going coDeem ba*s ￿lesS it is to pfftsuffle Ihat Ihe cofflpany Y*ill continue in operation. The Twstees are responwble for maintainlng proper acc￿nting 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 W￿1h 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¢￿r￿nce YAlh Ihe ProV￿10n$ of Pwt 15 ofthe Companies Acl 2006 welab'ng to smam Co￿￿leS. ON BEHALF OF THE BOARD OF TRUSTEES: M kKi￿al- Chainnan Dale: 21.11.21 INDEPEN￿T 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 coM￿Y fivthe year endod 31 Mar¢h 2021. Resp¢ffisiblili•s and basi5 of As the dwrity's In￿tee$ of the Company (and also its 1*eCto￿ for the purpose6 of cofflpony Iw) you are reSpO￿￿￿le forthe p￿ParatIon of Ihe aCCo￿lS ITr acc(Ydance7*ilh 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 ca￿1ng 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 exaM￿S statem Sbnce the CoMp￿Y'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 Ins*tiJ* ofchartered Ac￿Untants In En*nd W*s, Vthith IB ono oftt￿ listed bodes. I have completed my examknalion. I C￿ffirm that no matters have come to my atterdion in cOnTr￿li0n 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 a￿nts th) not ￿told vrflh those recorth: or 3. the accounts do not ¢omply W￿1h the aCCo￿ling 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 th0111￿S 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: Don￿10nS 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 RECoNCIL￿￿oN 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 $t*ments TrIE PRINCESS ROYAL IRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) BALANCE SHEET FOR IIIE YEAR ENDING 31 MARCH 2021 2021 2020 Fixed Assets Tangble Assets Totsl fixed assets 18,150 18.150 4,407 4,407 Debto Cash at b￿k harwj Totsl Gurrent assets 10,040 382.810 11228 325.378 336,6 10 Liabilities credit￿3. knounts falling due ￿lIhin ¢>ne yoar 11 (13,004) (12.1371 379.846 324.469 Total netaSs￿9 328 876 The fvnds of Ihe tharily. Unrestricted Fund8 Restricled Funds Total Charity Ftmds 14 14 344.288 53.708 397 996 281,043 47.833 328 876 The charitable con¥)any is enmvd to •X•T•W'on from aullt under seLlioTr 477 of the Companies 2006 the year enthg 31 Marth 2021. The member5 have not reyed the cOmp￿Y to an audit ol ils acvjunts fur the ended 31 March 2021 in accord￿ce V￿1h seclion 476 of Ihe Com￿1•S 2006" The tntstees a¢kI￿￿ge Iheir reS￿A)lli11eS for: a) en$￿ITrg that the thaita)le ￿MpanY keeps accounling com¥ty*ilh Seclions 386 and 387 of the Companies Act 2￿6 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 Y￿1h 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 ￿mPar￿e$ and constibjte Ihe annual accounts req￿￿ed 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 ac*iviti8s: 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 y￿r 10,21 325,378 Tho notes on pages 11 to 23 f¢Nm partof Ihgse )frMnrAal st*ements 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 I￿sineSS 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 'ACc￿jntsng and Reporfing by Charilies." Statement of Rec0Mn￿ded 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 Ei*tion' (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 wesentati￿1 of Ihe Charty. The thancial statements are rounded to the neares* p0￿d. The accounts ore prepared on the ￿Ing concern basis. on the assumpli(m Ihat the charity ¢￿tinue to be succ￿s￿￿1 in tendering fow c4Ntracts *ilh HamFEIMre County C￿ne11. If these contrads are not fenewed then it is probable that the tharilies adi¥ities th￿Uld rel*j￿ substanti8lly. The trustees have re¥iewed the tharities posilion and are Cl￿fid￿rt that it has adequate reserves trj eDBble itts) con1w￿e 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 ca￿*19 am0￿1$ 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$es d￿ationS and granls of a pneral nature 15 Tecowmsed Ihe charity has uncondrtional enlillefflent to Ihe resources. Income from charrlable adivilies in(knles rec￿ed lo knd spaofic pwogramme a¢a¥ilJes, subsfxipts'ons and other incoming re5(MJices. InC￿e from goveJnment and other grants is recognised the has entthmant tr) the ￿Trds, any performance conthtiMs attached to tho grants have been me( it 15 probable Ihal the income knill be feceNed and the amount can be measwed reliably. Income trom gant agreements wknich require Ihe pwhrmancè of seNices over time is reCO￿Lsed as eath period of servi¢e 1$ ddi¥ered and incorne received ￿ art￿nCe for ser¥ice5 to be delpjered alier the reporling pe￿d 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 rec￿1ve ￿Y donated g)ods, fadilies ow ser¥ice8. In aCcord￿ce ￿7th the Charflies SORP {FRS 102), the contribution of gÈTheral Vol￿teerS is not re¢wised **hin these fnancial statements. Detals of the role plffjwd by general ¥O￿ntee[s and Iheir contribulions to the Charity are ven in the Tn￿e￿ 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 aCco￿ts. 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 eXpenth￿￿e ry)mpTises Iho8e crAts incwred by Ihe thar*y in the delNery of acli¥ibes and ser￿Ge3 hr its benefiaaiies. It indudes bolh costs that ean be all￿￿ted 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 t*YJ maiot woiects, Carer Supp￿1 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 c￿erS Kt Hampshire. e) Tanglble fiMdAss•ts Tangble fixed assets aTe stated at cost less depreri•lion and comwise lumi￿re. fithres and computer e(wipment. Dewe¢iatiQll is provided on a Str￿tht 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 T￿￿On As a tharity, Th? ￿l￿reSS 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 ac￿nI as In￿jIred. 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 t*Je. ) Credltor8 •mlpmvlsions CredIt￿S and provisions fow h￿￿illeS 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. Credit￿5 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 MeaSu￿d at amorksed cost. Basic fmancial ￿1￿jments 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 ins1￿ments are glven Notes 9 & 10 of these acmunts. Basic fin￿cIal in51wments vthi¢h a￿ fffian¢ial liabthtse3 comprise trade credtors wthi¢h fjfe initialky reco￿lsed 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* a￿Ing from )Inancial A&*ets measured at amortis•d cost ￿m￿XIseS bank interest is th5dosed in N(de 2(cl. 12 THE PRP4CESS ROYAL TRUST FOR c￿lERs IN HAMPSHIRE (Company No.. 2955846> NOTES TO THE FINANCIAL STATEMENTS FCR THE YEAR ENDING 31 MARCH 2021 F￿￿A¢cOUn￿g Restricted l￿d9 are maintained ¥h￿n a ￿ We￿￿re5 that it m￿t ￿ spwrt on a porf¢ular puwe or ￿there funts have been wa8ed for a speafic purpose. Designated knds are *Jnds setaside byth• In￿t￿ kn Parli￿•¥ purp)ses or propcts. other are u￿strICted 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 lia￿lmY of eath member in the Employees ol Iha thwity wa anlthd to join a d•fjned ¢xxthulion 'rn￿ey sthème. The Charity contri1x￿lon is restric￿ to the c(mlthtiorts ¢li8dosed In note 3. Thè olthÈ dÈthed ￿ntrI￿A￿lOn 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 S￿￿m• b8ycffld making its ¢ontillM￿*)nS thd paying auoss the dethdions for the em￿OyeeS ￿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 ch￿ilable 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 4*Te restridpd. All subsuiptt￿ gKome was uniestsiLted. Bank and buil(kng so* inknest re¢dved In FY2020 au interest re(*ived was ￿￿e￿l¢led. 141 141 733 2021 2020 Wa￿5 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 Char*y during the year {2020: £NIL). No chwity Intstee weceived paymfjrt lor yofessional or olhew 5er¥ices sWied to Ihe thwity12020: £NIL). No thWltyts￿ ex￿nseS have been incurred. The a¥erage monthly head 0(￿rt of enwloyeeB in the yearwas as fol0¥￿. 2021 Centre Manager AdministratfA Carer Supp(xl Offic￿5 11 15 Thè Charfty consldets Ils key management PWsonnel com&¥tse8 the t*ector of Operations and senior 5tafl membws. The total emplosrynent benefits induthng emp40y￿ penS1r￿ conlitxkn of the key managBmeTrt perS￿ne1 £146.476 (2020: £264.3861. Durin9 the year, fbo emplO￿S eamed In excess of £60,00012020: 1 emplryee eamed belwn £120,1100 and £130.(M>O due to a re¢kmdancy wrangement. *thich was Part￿nded by an exiemal slakehdder). The totsl value of red￿d￿ & P￿•￿15 made to employees vrns £Trll {21Y20: £882on 14 4rw*l1Tr Stim(a) f*T 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 Tn*t pawnerts made to 16 reaptents P￿20. £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 (eXp￿iluR for year) 2020 This 15 slated after tharging: DepreciatioTr Audrtors remunerÈlion *Jr: A￿OUntaneY 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 I￿8(#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 ExP￿di￿Jre 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 1,979 Net Bool( Va￿• As at 31 March 2021 18,150 1B,150 As at 31 2020 4,163 244 4,407 9. DePAo 2021 Trade debtors PrepByments ac(xued income 4.570 S,470 10,040 4,559 6,669 11.228 10. Cash in hand and at b￿k 2021 2020 Bank ￿rrent account Bank deposit account Cash in hand Sta￿ 100 382.660 100 325228 50 382,810 11. Cr•dit0￿- amounts fallmry duewithin one ye 2021 Trade crei*tors TaxalN)n and soctal security Ac¢nJals and. deferred income Other 1.921 3,479 6,692 912 676 4,790 5,700 971 13,004 12.137 18 IHE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846) NOTES TO TrIE FINANCIAL STAIEMEIITS FOR IHE YEAR ENDING 31 MARCH 2021 The ch*lty 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. An*sls d Chartlable Funds Anatysis of Movement kn UTh￿$11￿1ed 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 Resou￿5 T￿$1￿5 31 M¥2020 General Fund 316 149.620 281.043 Transfers total¥ng £149,620 made from unrestricted funds to covw wer-spents on restricted projects during the year. THE PRINCESS ROYAL TrUST FOR c￿lERs IN HAMPSHIRE {Company No: 2955846) NOTES TO THE FINANflAL STAIEMEKt5 FOR IHE YEAR ENDING 31 MARCH 2021 t& Analysis ol chari14￿ Funds (Continu￿.-) Anatysis of Mov•m8nt in Restr*￿ Funds. CurY•nl Ythr Balan￿ at Incoming 1 Apr2020 Re￿￿￿C•S Trniskn 31 Mar 2021 Emergency plan￿￿ for Carevs SuNiving W*iter 221906 41.430) 19.524 885 8.095 10,976 59,497 3.000 352 (62.378) (3.000) (4.552) (105) {8,894) (25,071) (5,565) (55.645) (899 Carer5 Tn￿1 Young Ath115 Carers NEH CeletKaling Carers Ihrough Art S Health NHS Found Tntst Nallonal Lthy GY*rt11) Natlonal Lottery Grant (2) HCC Covid Grants Fixed hssets 22.097 4.981 17,897 4.876 29,980 19,155 60.000 (3.933) (12,636) 976 954 4.355 15.670 16.569 47.833 393.890 407.539) 19.524 53.708 Analysis of PAovth)wnl in RestiKIEd FuTrd$. Pvk>r Year 8akn¢8 at Inconthg OutyoiTrg 1 Apr 2019 Resou￿S Res￿rn Tnmslern 31 Plar 2020 CaTer &yp(rt & Information Emergen¢ry plann#￿ for C¥e SuNivtn9 Winter NE Harts Carers SeThl¢es CaTeTr T￿￿t Time To￿ther Grp Ha￿ong1S1and 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 f￿a￿lI1 swjport to pay heatrw tiik •HI facilitate access to government to a¥•viate hardship. Young A￿lt8 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 I￿rt￿￿￿...￿ 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' *I￿re 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 respO￿lb1￿y. TIMS fiww*ng strwm ha5 cID8ed wilh al funds dBtritrArted kn rArers as w the uiknia. and Famham clini￿￿1 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 H￿1h 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 com1rn￿ty have been assessèd and tria￿d 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 c￿leCt caTU5 the pandenmc to IT efjwment that can be kwied to carers, as as sessi(m to indude sinwg. baking. fiov*r wranging w)d book dub. assrknce duiing the pandemic vthlh infeclion ¢￿trOl. Fixed Ass* . This repr8$8nts fred assets acqured from restiicled fvjnds. Transkn irtD tho knj relate to Ihe acwi5ilr)n of new assets and expen(li￿re i& recowffjed as the assets are dYeC￿ over the useful economic INes. - To pro¥ide Care￿ VAlh support irrformali(m to h* them v4ilh promthgthe ¢are they delr4er. This txoprt ceased on 31 Wt 2019 TwnE Tog￿er Hayling lsl•d . to provide a monthly gTOUP and their ¢wed for pern￿ to spend lime togethew in a soiaal en¥woThment. Provides edu¢alioTr, ￿)cial and leisure 4cts¥ilies. MilAaryVel•rnns PrnieGt. This V4TS 9 12 strudured prwam to supyt (*re￿ Of￿￿ng of ex rriknry peTronnel. There vrns *tUe engagement aftu 3 80 the was 8uspenthd and ))Jnds were retsmed to the ￿ndEr. 21 THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE (Company No: 2955846} NOTES TO TrIE FINANCIAL STAIEMENT5 FOR THE YEAR ENDING 31 MARCH 2021 F￿d balances at 31 Mwch 2021 Represerrted by.. Tangible fixed assets Current assets Creditors: amounts falkng due vAthin fTh year 1,934 16,216 18.150 392.850 {13,rJJ4> {13.0041 53,708 Fund balances at 31 March 2020 Reprnsgnted by: Unrn5trict•d ReStrK￿ Total 2020 Tanglble fixed assets Current assets Credrt0￿. amounts klbng thje 4•ilton one y 4.407 4,407 336.606 112,137) 281,043 112.137) 281.043 47.833 328.876 At 31 March 2021 and 31 March 2020 the charity did not have any ¢ommllments undeT nortrc•n¢eM•ble operating leases. 17. Tran&wlion5 with R•lalad Partigs Th￿e vKre no IxansadKns Mith Telated parties the year. 18. Government Grants Income from govemment waTrts comprtses ￿ants made by local aUth￿l￿e$ to frjnd the Carer supptsrt pro￿a￿ts 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 T￿￿t HM Revenue & Customs Carer Support & In￿Miall0￿ Emergency Hannin9 for Carews HCC care￿ F￿d 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 (deu￿e) 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