THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
A company Ilmlted by guarantee
(Charity No= 1040518)
(Company No: 2955846)
Report of the Trustees and
Unaudited Financial Statements
For th8 year ended 31 March 2024

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
YEAR ENDED 31 MARCH 2024
CONTENTS
Pages
Legal and Adminislrative Information
Trustees, Report
Independent Examinerfs Report
Statement of Financial Actlvitles
Balance Sheet
ststement of Cash Flows
10
Notes to the Flnanclal Stalements
11-23

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
YEAR ENDED 31 MARCH 2024
LEGAL AND ADMINISTRATIVE INFORMATION
CONSTITUTION
The Princess Royal Trust for Carers in Hampshir8 is a company limited by guarantee and a registered
charity 9)verned by its Memorandum and Articles of Association:
CHARITY NUMBER: 1040518
COMPANY NUMBER: 2955846
CHANGE OF NAME
The Gharity passed a special resolution on 11 July 2009 changing its name from Winchester and District
Carers Centre to The Princess Royal Trust for Carers in Hampshire.
DIRECTORS AND TRUSTEES
The directors of the charttsble company ("the charity") are Its trust88s for the purpose of charity law and
throughout this report are colleGts"vely referred to as ts trustees.
The trustees serving during the year and since the year-end were as follows:
DIRECTORSITRUSTEES MANAGEMENT COMMITfEE:
A Darlington
M Lar¢ombe
M. Marval
M. Moore
l. Talt
CHIEF EXECUTIVE:
K Hearsey MBE
REGISTERED OFFICE:
Andover War Memorial Hospital
Charlion Road
Andover
Hampshire
United Kingdom
SP10 3LB
INDEPENDENT EXAMINER:
Rothmans LLP
Avebury House
St. Peter Street
Winchester
Harnpshire
S023 8BN
BANKERS..
National Westminst8r Plc.
Old Bank Branch
105 High Street
Winch8Ster
Hampshire
S023 9AW

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDING 31 MARCH 2024
The Trustees are pleased to present their report together with the financial statements of the Charity for the
year ending 31 MaTch 2024, which are also prepared to meet the requiremérrts for a directors, report and
accounts for Companies Act purposes.
Legal and Administrative information s8t out on paga 1 forms part of this report. The financial statements have
been prepared in accordance with the accounting policies set out in note 1 to Ihe accounts and comply with the
Memorandum and Ariicles of Association. the Charities Act 2011, the Companies Act 2006 and Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
STRUCTURE GOVERNANCE AND MANAGEMENT
Constitution
The company is a company limited by guarantee and a registered Gharity govemed by its Memorandum and
Articles of Association.
The objectives of the charity aré set out in its Memorandum and Articles of Association and are focussed on
supporting people who are caring for others and are themselves in necessitous circumstsnce5 and advancing
education conceming caring among carers and the public.
Method of appolntment of Trustees and policies adoptod for the inductlon and tralnlng of TTUStoes
The Charlty Is managed by 8 Board of volunteer Trusle85 who hav8 a dlrect Interesl In Carers. i.e. they ar8 or
were Carers themselves or have experience, now or in the recent past. of organisalions providing seNices and
support for Carers. The latter includes Doctors (current or form6r), elected Councillors, Directors of commercial
companies providing Carer support plus those viith an interest in Carer issuès who have skills, e.g. financial,
business, fund raising, which is of use to the Charty.
Thé Trustees are non-exe¢uts've but provide support from their experience in rel6vant areas of business (finance.
budgeting, organisational).
Prospe¢tlve Trustees are Introduced to the current Trustees and, if they are judged to flt the profile sought, they
are invited to Board meetings, to events and to meetings wilh centre stsff. The new Trustees are required to
attend an induction programme to acquaint thémselves fully with the Trusts core activities.
If, after a pariod of timé attènding Board meetlngs. staff meetings and Carer 8v8nts. the proposed Trustee fa8ls
they are able and have a desire to be invdved with the Charty as a Trustee, the Board will decide. based upon
its needs and its view of the proposed Trustee, to invite them to join the Board.
At the polnt of Jolnlng the Board. naw Trustees are thereforg famlliar with the operations of the Charity and
further specifK Iraining is Provided as necessary.
Documents and plans for currenl arKI proposed activities ar8 presented to the Board.
Trusteés, Indèmnlty Insurance
An insurance policy is in place to indemnify the Trustees against any negative financial impact resuliing from
actions of Trustees made in good faith.
Organlsatlonal structure and dedslon maklng
The Charity is managed by a Board of Trustees. The Board meets quarterly with day-ttrday management
delegated to the Centre's Chief Executive. R6POrts from the Chaimian and Chief Executive are given at Board
Meetings to enable discussion of any actions to ensure the Charty's objectives are meL The Charity is
autonomous in tams of control and financing but is a N8twork Partner of Carers Trust and is affillated to Carers
UK. The Charity's acttvitles are regulated by the governing document which is h)cated at the regist8r8d office.

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDING 31 MARCH 2024
Key management personnel remuneration
The Trustees consider the Board of Trustees, the Chief Executive and senior management comprise the key
management personnel of the charity in charg8 of diracting and controlllro the charty and njnnlng and operating
the charity on a day to day basls. All Trustee5 give of their time freely and no Trustee remuneratlon was paid in
the year.
The pay of the Trust's senior management is reviewed annually by the Trustees.
Related party relationships
In the opinion of th& Chairman and the Trustees. the only related party transactions in the year are those
disdosed in the rbotes.
Risk management
The Trustees have assessed the major risks to wh￿h the Charity is exposed, in particular those related to the
operations and finances of the charty. They a￿ satisfied that systems and procedures are in place to mitigat8
their exposure to the major rBks.
OBJECTNES AND ACTIVITES
Policies and objectives
The Trustees have devised a comprehensive list of relevant policies. CopEs of these are available upon
request.
The objectives of the charity are listed below:
To make contact with Carers. especlally In the rural areas of the district
To improve and refine Ihe seNices offerad to Carers in response lo their n88ds
To advocate for the needs of Carers by seeking to be consulted on Health and Social Service Policy at
both local and Nallonal level.
To influence the provision of seNic8s and encourage innovation
To ensure the financial viability of the centre
To implement the Care Act 2014
To ensure that the service is open to all and inclusive for all.
Stratsgies for achieving objectives
Strategies formulated by the Trustees, staff and volunteers are presented to the Board and implement8d as
appropriate.
Activities for achieving the objectives
The activities for achieving objectives are many and varied, mostly organised according to demand. Services
provlded are".
Information. advice and guidance
Advocacy and representation
Liaison wlth statutory bodies
Access to training and aducation
Respite Opportunities
Regular carers. support groups
Emotional support arKI a listening ear
Emergency Planning for Carers
Free Counselllng by way of voluntary qualffied Counsellors
Carers, Clinics in the community and GP surgeri8S
Carers Drop In
Time Together Groups
Assislance with applying for benefts and for help from statutory bodies
Carers Hubs

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDING 31 MARCH 2024
Programme related Investments
The charity has not made any programme related investrnents.
Volunteers
Volunteers have again assisted the Charity in various ways. This included assistance with newsletters. events.
support groups. hubs and counselling for ca￿[s. We are grateful to each and every volunteer for his or her
contribution.
ACHIEVEMENTS AND PERFORMANCE
Review of activities
The Princess Royal Trust for Carers in Hampshire (PRTCH) has delivewed its activities by listening and
responding to Carers needs flexibly and by putting them at the heart of all the setvices that have been delivered.
Our aim is to provide ca￿rS with high quality information. signposting, support. advice, guidance and advocacy
alongside training and education to empower Carers to seek the 5UPPOrt they need to enable thom to Continue
In their caring fole, at a time that is most beneficial to them.
We continue lo work in partnership with many other voluntary sector organisations and alongside both statutory
health and social care providers. We are a network partner of Carers Trust nationally.
We have Continued to provide the Emergency Planning for Carers Servi￿ which is commissioned by Hampshire
County Council Adults H8alth and Car8 and th8 Hampshire and Isle of Wight Integrated Care System
{HIOWICS). We have also mainta￿ed the provision of Carer Support services in the North East of Hampshire
for Frimley Int8grat8d Care Syslem alongside Carefs Hubs and GP clinics in the locallty. We continued to
provide Carers clinics to all five GP surgeries in Andover via the Andover Primary Car8 Network.
Alongside the commissioned services above, the Trust has also continued to provide benefits support, grant
funding support and training for professionals including Frimley Hospital. We have maintained a wide range of
vlrtual onlne servlces that commenced In Ihe pandemic and have proved Frt)pular, reachlng out to Carers that
ar8 unabl8 to18av8 their homes du8 to their caring rola but can access the services onlin8. These include
weekly exercise. a weekly coffee morning. a counselling group. Iwo clubs, flower arranging. art class and
baking.
We have been delighted this year to enter a partsiership with SGN for two years to enable us to provide specialist
energy support and advice to Carers in Hampshire around fuel povety. fuel debt. carbon monoxide safety and
any extra support that Carers may neèd around energy and keeplng wann and safe.
We have delivered household support funding to Carers through a provision with Hampshire County Council
Adults Health and Cara which has proved a lifeline for many Carers.
Our staff are at the core of the excellent support provided by the Trust to Carers. They are a hardworking,
dedicated and professional team led by our Chief Executive, Kerry Hearsey MBE. As a board of Trustees. we
remain proud of the support they dehver. the dedication that they show alongside Ih8ir superb knowledge and
the driven leadership and passion that is created within Ihe organisation.
We enjoy good. strong worklro relationships and work collaboratively wilh many statutory and voluntary
organisations both locally and on a national level. Hampshire County Council. Hampshire and Isle of Wight
Integrated Care System, Frimley Integrated Care System, Action Hampshire, One Community, SGN, Hampshire
Young Carers Alliance. Hampshlre Carers Parinership Board, Cltlzens Advlce. Carers Together, Hampshlre
Safeguarding Adults Board, Carers UK, Southern Health and Age Concern are to name just a few.
We sit on vafiOUS different forums and groups to represent Carers including the Hampshire Carers Partnership
Board, the Hampshire Safèguardlng Adults Board, Ihe Hampshire Leadership Forum, Agelng Wèll, Winchester
District Older Persons Partnership, Domestic Abuse Forum and Her8 for Hart as well as many others.

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No." 2955846)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDING 31 MARCH 2024
Demand for the service conlinues to grow alongside the complexty of need. We continue to look to the futur8
positively alongside innovative ways lo provide the high quality support to Carers that they require at the time
when they need it the most, be that practical or emotional support.
Investment policy and performance
The Trustees aim to maximise the amount of investment income received whilst keeping the charty's funds
reasonably acc8ssiNa. in accoTdance with the Articles of Association. The charity does not currently hold
imiestments other than monies held on deposit.
FINANCIAL REVIEW
Tha Trust reported net income of £13,204 for the year lo 31 March 2024. As at 31 March 2024, the Twst had
reserves of £427,157 of which £115,799 relates to restricted funds. £19,897 relates to designated funds, and
£291.461 is unrestricted and available for the general purposes of the charity.
Reserves policy
The Trustses policy Is to maintain free reserves in unrestricted funds at a level whlch equates to approxlmately
six months of running costs but the aim is to have free reserves in Un￿strICted funds at a level which equates
to twelve months of running costs. The TNstses consider that this level will provide sufficient funds lo maintain
the provision of Charitable activities and, if necessary, to respond lo any changes in Hampshire County Councll
funding. As at 31 March 2024, the free reseNes of £291,461 would be suffici8nt to cover 7 months of
expenditure and are therefore inline with the policy set out above.
Prlnciple funding
Our principal funders continue to be Hampshire County Council and the Hampshire and Isle of Wight Integrated
Care System, as well as the year SGN contract. This fundirKJ gives stability to our core activities and allows
the Trust to plan ahead for seNices as well as glve reassuran￿ to the Carers that support for them remains a
priority with ststutory bodies.
The Board is aware of the importance of continuing to seek alternative funding streams and maintaining
adequate financial reserves. The Board aims to keep one years runnlng costs as reseNes.
PLANS FOR THE FUTURE
It is essential to ensure the continuation of all core work of the Charity.
The Trust will contlnue to strèngthen relationshlps and worklng practices with hèalth bodles as well as the local
authority.
The Trust will continue to monitor and imp16mBnt Carer legislalion. policy and good practice.
The Trust will continue to seek further fijnding streams to allow it to enharsce and grow its services.
PUBLIC BENEFIT
The Charity provided fr88, impartial and appropriale support to Carers throughout Hampshire through
information. advice. guidance and advocacy. Carers are also supported with help with respite ￿re and
transportation. The Trust supports carers with infomation, advlce and support on a one to one basis In compl8X
caring matters.
The Emergency Planning for Carers Schema is operated and is avallabla 24 hours a day 7 days a week should
a Car8r become ill or encountèr an emergency where they could not care for thelr cared-for and we have seen
an increase in the number of referrals being made as well as the number of plans activated.

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDING 31 MARCH 2024
The Trust confjnues to hold a Carer Support contract with the Frlmley Integrated Care System to provlde carer
support Ihrough Carers Hubs, GP clinics, training and one to one support by providing information. advice.
guidan￿ and advocacy.
We have commenced a two year project commissioned by SGN to provide specialist energy advice to Carers.
The Trustees confirm that they have complied with their duty under section 17(5) of the Charities Act 2011 to
have due rogard to the Charity Commission's guidance on public benefit when exercising any powers or duli&s
to which this guidance is relevant.
TRUSTEES. RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The Trustees. who are also Directors of The Princess Royal Trust for Carers in Hampshire for the purpose of
company law. are responsible for preparing the Trustees report and financial statements in accordance with
applicable law arKI United Kingdom Accounting Standards (United Ktngdom Generally Accepted Accouniing
Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under that law the
Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Stsndards and applicable law). Under company law
the Trustees must not approve thè financial statements unl8SS they are satisfied that they givè a Irue and fair
view of the stste of affairs of the charitable company and the profit or loss for the charitsble company for that
period.
In preparing Ihese flnancial sLqtements th8 Trustaes ar8 required to:
Select suitable accounting policies and apply them consistently:
Observe the methods and principles in the Charities SORP
Make judgments and estimates that are reasonable and prudent;
Stat8 wheth8r applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial stalements; and
p￿pare the accounts on a going concern basis Unl￿￿ it is inappropriats to presume that the company
will conllnue In operation.
Thè Trustees are responsible for maintaining proper accounting records which disdose with reasonable
accuracy at any time the financial position of the Charity and enables them to ensure that the financial
statements comply with the Companies Act 2006. the requirements of the Charity's govemlng document and
the requirements of the Charity SORP. They are also responsible lor safeguar(Jing the assets of the Charity
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepaied in aGcordance wrth the provisions of Part 15 of Ihe Companies Act 2006 relating
to small companies.
ON BEHALF OF THE BOARD OF TRUSTEES:
M Marval - Chainman
Date:
Ik) L)lik

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PRINCESS ROYAL TRUST
FOR CARERS IN HAMPSHIRE ('THE CHARrrABLE COMPANY,) (COMPANY NO: 2955846)
FOR THE YEAR ENDING 31 MARCH 2024
I report to thè charity trustees on my examination of the accounts of the above charitable company for the year
ended 31 March 2024.
Responsibiliti•s and basis of report
As the charity's trustees of the charilabl8 company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
20061.lhe 2006 Act'}.
Havlng satisfied myself Ihat the accounts of the charilable company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent 8xamination. I report in respect of my examination of your
cliarltable company's accounts as carried out under section 145 of the Charllles Act 2011 ('the 2011 Act,). In
carrying out my examination I have followed the Dlrections given by the Charity Commission under section
145(51 {b) of Ihet 2011 Act.
Independent examiner's statement
Since the charltable company's gross Income exceeded £250.000 your examiner must be a member of a bcrtjy
Ilsl@d in section 145 of the 2011 Acl. l confirm Ihal l am qualified to undertakè the examination because l a
member of Institute of Chartered Accountants sn England and Wales, which is one of the listed bodies.
I have compleled my ex8min8tion. I confirm that no matters have come to my attentlon In connection with the
examination giving me caus8 to b81iev8:
accounllng records were not kept In respect of the charitable company as required by section 386 of
the 2006 Act. or
the accounts do not accord with those records,. or
3. the accounts do not Gomply with the accouiiting requirements of seclion 396 of the 2006 Act other than
any requlrement that the accounts glve a 'true and falr vlew whlch Is not a matter consklered as part of
an independent examlnation., or
4. the accounts have not boen prepared in accordance with the rnethods and principles of the Statement
of R@comm8nded Praclice for accoiinling and reporting by charities applicab18 to charities preparing
their accounts in accordance with the Financlal Reporting Standard applicable in thè UK and Republic
of Ireland IFRS 102).
I have no concerns and have come across no other matters in connection with the examination to which att8ntion
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jonathan Poulter
FCA
Rothmans LLP
Chartered Accountants
Avebury House
St Peter Street
Winchester
Hampshire
S023 8BN
Date".

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT)
FOR THE YEAR ENDING 31 MARCH 2024
Totsl
Funds
2024
Tolal
Funds
2023
Unrestrlcted Rèstricted
Funds
Funds
INCOME FROM:
Donations and18gacies
Charitable activities
Investrnents
Other income
7,9C
18,057
5.431
7.900
494,315
5,431
4,620
308.365
1.820
5,450
2b
476.258
2d
Total Income
31.388
476,258
507,646
320,255
EXPENDrruRE ON:
Charitable activities
22.428
472.014
494,442
335,985
Totsl gxpendlture
22.428
472.014
494.442
335.985
NET INCOME I (E￿￿ENDITURE)
8,960
4,244
13.204
{15,730)
Transfers beiween funds
14
(81.102)
81.102
NET MOVEMENT IN FUNDS
(72,142)
85,346
13,204
{15,730)
RECONCILIATION OF FUNDS:
Totsl funds brought forward
14
383.500
30.453
413,953
429.683
Totsl funds carried forward
14
311,358
115,799
427,157
413,953
The statement of financial activitres includes all gains and losses recognised in th8 year.
All income and expenditure derives from continuing activities.
The notes on pages 1110 23 fom7 Part of these fin8nclal st8ten7ents

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
BALANCE SHEET
FOR THE YEAR ENDING 31 MARCH 2024
Notes
2024
2023
Fixed A58et8
TangiLrfe Assets
Totd fixed assels
9.390
9.390
11,136
11.136
Currnnt Assets
Debtors
Cash at bank and in hand
Total cu￿ent assets
29.713
405.359
435.072
12.022
417.175
429.197
10
Liabilities
Creditors: Amounts falling due within one year
11
(17.305)
(26.380)
Net current assets
417,767
402.817
Total net assets
427 157
413953
The funds of the charlty:
Unreslricted Funds
Restricted Funds
Totsl Charity Funds
14
14
311.358
115,799
427 157
383,5CKJ
30,453
413 953
The charltable company Is entltled to exemption from audlt under sectlon 477 of the Companies Act 2006 for
the year ending 31 March 2024.
The members have rnt required the company to obtain an audit of its accounts for the year ended 31 March
2024 in accordance with section 476 of the C(Ynpani8s Acl 2006.
The trustees acknow18dg8 their responsibilitias for:
a) ensuring that the charitable company keeps accounting records which comply with Sèctions 386 and
387 of the Companles Acl 2006 and
b) preparing financlal statements whlch give a true and fair view of the state of affairs of the charttabla
ompany as al the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comFAy with the
requir&ments of Companl@s Act 2006 relating to financial statemenls. so far as applicable to the
charitable company.
Thase accounts have been prepared in accordance with the special provisions of Part 15 of thg Companies
Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act
2006 and are for circulation to members of the company.
The financial
aleme
ts were approvgd by the Irustees on b,Tr.c¢ffrtrJ..t).1￿nd were slgned on their
behalf by:
l Tait
Trustee
Dr M Marval
Cheirman
The notes on pages 11 to 23 fonn part of these finan￿al statements

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDING 31 MARCH 2024
Total
Funds
2024
Total
Funds
2023
Notes
Cash provided by operating activities:
21
(8.675)
(9.709)
Cash flows trom Investing activities
Interest from investmgnts
Purchase of fixed assets
Net cash provided by Investing activitles
5,431
8,572
3,141
1,820
1,820
Increase In rAsh and cash equlvalents In the yoar
(11.816)
(7,889)
Cash and cash equivalents at the beglnnlng of the year
417.175
425,064
Cash and cash equlval•nts at tho end of tho yoar
22.23
417 175
The notes on pages 11 to 23 ft)mi part of these finan￿al Statements
10

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
The Princess Royal Trust for Carers In Hampshire is a charitable company. limited by guarantee, registered
in England and Wales. Its registered office and princip￿ place of business is Andov8r War Memorial Hospital.
Charlton Road, Andover. Hampshire. SP10 3LB.
1. Principal Accounting Policies
a) Basls of accountlng
Tho financial sialemenls of the charitable company, which is a public benefit entity undor FRS 102, have
been prepared in accordance viith Uie Charities SORP IFRS 102) 'Accounting and Reporting by Charities:
Statement of Recommended Practio" applicable to charities preparing tlieir accounts in accordance with the
Financial Reporllng Slandard applicable in the UK and Republic of ]￿land {FRS 102) Second Edition.
(eff6ctlve 1 January 20191, tho Companles Acl 2006 and the Charlt18s Act 2011. The financial stataments
have been prepared under the historical cost convention.
Th8 financial statements are prepared in sterling which is the functional and presentational currency of the
Charity. The financial stalamenls are rounded lo the nea￿st PDund.
The accounts are prepared on the gDSng concern bas15, on the assurnplion that the charity will conllnue to be
successful in l&nderlng for contracts with Hampshire County Council. If these Contracts are not renewed then
il is probable that the charities aclivilias would reduce subslanlially. Th8 Irustees have reviewed Ihe Charities
posillon and are confldent that st has adequate reserves lo enable it to conllnuo to operate for the foreseeable
future.
In preparing these accounts the trustees have not had to make any significant judgements. There are no
SOLJrces of estimation uncertainty which have a significant risk of causing a material adluslmenl to the
carrying amounts of assets and liabilities wilhin the next financial year.
b) Pwlods Cov•red
The accounts cover the year to 31 M8rch 2024, with comparatives for the year to 31 March 2023.
c) Income
Income is included in the Accounts on an accruals basis.
Voluntary income comprises donations and grants of a general nature and is recognised when the
charily has unconditional entitlement lo the resources.
Income from legacies is recognised at the earlier of the date on which either." the charity is aware that
probate has been granted, the estate has been finalised and notification has been made by the
executor(s) to the Trust Ihal a distribution will be mado, or when a dislribution is received from the
estate. Receipt of a legacy. in whole or in parL is only considered probable when the amount can be
measured reliably and the charity has been noltfied of the executor's inlention to make a distribution.
Where legacies have been nOtif￿d to Ihe charily, or the charity is aware of Ihe grantiro of probate, and
the criterla for income recognition have not boen met. then the legacy is a treated as a contlngent asset
and disclosed if material.
Income from charitable activitie5 includes grants re￿iVed to fund Specif￿ programme activlties.
subscriptions and other incoming resources. Income from govemment and other grants is recognised
when the charily has entitlement to Ihe funds. any performance conditions attached to the grants have
been met. it is probable Ihat the income will be received and the amount can be measured reliably.
Income from grant agreements which require the perf0mlan￿ of services over time is recognised as
each period of service is delivered and income received in advance for services to be delivered after
Iha reporting period Ss def@rred as appropriate.
Investment income, comprising interest received on funds on deposic is ￿COgniSed Ythen receivable by
the charity.
The charity does not ￿ceIve any donated goods, faciliti&s or services. In accordance with the Charities
SORP (FRS 102), the contrlbution of general volunteers is nol recognSsed within these financlal
statements. Details of the role played by general volunteers and their contributions to the Charity ar8
givèn in the Trustee's Report.

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No.. 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
All income relates to the charity's sole activity of providing support to Carers in Hampshire. An analysis of
restricted income by proj8Ct is provided in Note 14 of these accounls.
d) Expendlture
Expenditure is recognised on an accruals basis when a liability is incurred. ReSoUr￿S expended include
attrlbutable VAT whlch cannot be recovered.
Charitable expendlture comprises those costs Incurred by tr]e charity in the delivery of its activities and
Se￿ICe5 for its beneficiaries. It Sncludes both Gosts that can be all￿ated directly to such activities and
those costs of an Indirect n81ure necessary lo supporl Ihem.
Governance costs are included wllhin suppurt costs and include those costs associated ￿th meeting
the conslilulional and slaliJlc)ry requirem8nls of Ihe charily and include lh6 audil fees and cosls linked
lo the strateglc management of the charlty.
Costs are allocated to the headings and funds on the basls of specific usage. Where costs cannot be
dlreclly allocated they are apporlioned between major projects on the basis of lunding. All projects fall
under the charity's sole charltable actlvlly of provldlng Support to carors in Hampshlre.
e) Tangible Flxed Assets
Tangible fixed assets are staled al cost less deprecialion and cornprise furniture. fixtures and computer
oquipment. DeprocSation 15 provided on a stralght Ilne basls over tho estlmated useful ecoiiomlc Ilfe of each
asset, which is consldered to be..
Furnllure and equipmenl
Compu16r equipment
4 years
3 years
Impairm6nt reviews are carrled out as 8nd when 6viden¢e comes to light that the recoverable amount of a
funcllonal r￿ed asset is below its net book value due to damage, obsolescence or other relevanl factors.
Historically, the charity depreciated its Computer Equipment over 8 period of 4 years. however this Y￿S
revisad to 3 years in FY2024 as these assets are now bèing replaced more frequently.
g Taxatlon
As a charily. The Princess Royal Trust for Carers is exempt from lax on income and gains fdling within
section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that
these are applied to its charitable objects. No tax charges have arisen in Ihe Charity.
g) Operatlng Leases
Leas8 pasThents in respect of operating leases are charged to the Profit and Loss account as incu￿ed.
h) Debtors
Trado and other debtors are recognlsed at the setllement amount due after any Irade discount off8red.
Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
l) c￿dItorS and provisions
Creditors and provisions for Ilabllltles and charges are recognised where the charity has a present obligatlon
resulting from a past event that will probably result in Ihe transfer of funds to a third party and the amount due
lo setlle Ilie obligation can be measured or eslimaled reliably. Creditors and provisions are normally
recognised at Ihelr settlement amount after allowlng for any trade discounts due.
12

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
J) Flnanclal Instruments
The trust only has finan¢lal assets and flnanclal Ilablllties of a klnd thai qualify as basic flnancial Instruments
and are measured at amortised cost. Basic financial Instruments which are debt instruments comprise trade
debtors and cash at bank and in hand and these assets are initially recognised at transaction value and
subsequently measurad at their settl&ment value. The carrying amounts of thgse instruments are given in
Notes 9 & 10 of Ihese accounts. Basic financial Instruments which are financial liabililies comprise trade
croditors which are initially recognised at transaction value and subsequently measured al their settlement
value. Thè carrying amount of thes6 inslruments is given in Note 11 of Ihesa accounls. Incom8 arising Irom
financial assels m8asured at amortised cost comprises bank interest and is disclosed In Note 2{cl.
k) Fund Accounting
Restricted funds are maintained when a grant requires that it must be spent on a particular purpose or where
funds have been raised for a specific purpose.
Designated funds are funds set aside by the trustees for particular purposes or projects.
A51 other funds are unrestrlcted general Income funds which are available for use at the discrelion of the
trustees in furtherance of the general objectives of the charity.
l) Legal Status of tho Charity
The Cliarity is a company limited by guarantee and has no share capilal. The liability of each membeT in the
event of wnding-up is limited to £1. The company is prevented by its Articles of Associatbon from making a
distribution to its memb8rs.
m) Pension Contn'butlons
Employees of the charity are 8ntitled to join a defined contribution 'money purchase. scheme. The charity
conlrlbutlon Is restrictod to the conlributlons dlscloscd In note 3. The costs of the defined contrlbution scheme
are InGluded with￿n wages costs and aro charged to the unrestricted and restricted funds of the charity using
th8 methodology sel out in nole 1{dl. The Trijsl has no liability in respect of this pension scheme beyond
making its contribulSons and paylng across the deductk)ns for the employee's contributions.
13

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
2. Income
Unregtrlct
R•strictsd
2024
2023
a) Income from donations and legacios
Donations
7.900
4,620
In FY2023 all donations were unrestricted.
b) Income from charitable adivities
Grants
18,057
476,258
18,057
476,258
In FY2023 £34.198 of Grants were unrestricted and £274.167 were restricted.
) Income from Investments
Bank and building sO￿ty interest received
In FY2023 all interest received was unrestricted.
d) Other Income
Mlscellaneous income
In FY2023 all mlscellaneous incom8 was unrestrfcted.
494.315
494,315
308.365
308,365
3. Staff Costs and Trustee's Remuneration
2024
2023
Wages and salaries
Social security costs
Contributions to defined contribution pension schem8s
293.166
20.975
6.051
222.806
15.416
4.684
242 906
The charity Iruslees were not paid, nor receivfgd any other benoflls from employment with the Charty during
the year12023.' £NIL). No charlly trustee recelved payment for professional or other servl¢es supplied to the
charity (2023.. £NIL). No charity truste& expenses have been incurred.
The average monthly head count of employees in the year was as follows:
Centre Manager
2024
Administrator
Carer Support Officers
2023
12
The Charily considers its key management personnel comprises the Chief ExecutlV8 and senior staff
members. The total employment benefils. including employer penslc)n contribullons, of thè key manag8ment
personnel were £124.858 (2023: £117,338).
Durlng the currenl & prior years, no employees earned in excess of £60,000.
14

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
{c￿panY Number 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
C* ro
ooa)
ts 0 *3)
Eill2
15

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
{Company Numb8r 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
rD in (p ¢r) p (ry ry (o
va>
f4 ¢y) (N f•> aj
¢VJ O) Thi In
) (N oj ffj (N
¢£J ￿ ¢J)
(D
000
a)
16

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
S. Grants Payable
Grants payabl8 relate to £38,086 of grants paid under the HCC Hous8hold Grants scheme to 61 recipients. In
the prior year. grants payable related to £42S of Carers Trust grants paid to 2 recipients.
6. Net Income l (expendlture for year)
2024
2023
This is stated after charging-.
Depreciation
Independent Examiner's remuneration for:
Independent Examination
Accountancy SeNices
10.318
5,644
1.740
4,860
1,620
4.500
7. Statement of Flnanclal Actlvltles - Comparative Figures
Unrestricted
Funds
Restricted
Funds
Total
2023
INCOME FROM:
Donations and18gacies
Charllable acllvliles
Investments
Other Income
Totsl Income
4.620
34.198
1,820
5,450
46,088
4.620
308,365
1,820
5,450
320,255
274.167
274.167
EXPENDITURE ON:
Charitable activities
Total Expenditure
14.651
14.651
321,334
321.334
335,985
335,985
NEf INCOME I (EXPENDITURE)
31.437
(47.167}
(15,7301
Transfers between funds
(34,834)
34.834
NET MOVEMENT IN FUNDS
(3,397)
(12.333)
{15,730)
Total funds brought forward
386.897
42.786
408.503
Total funds carried fO￿ard
383.500
30.453
429.683
17

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
8. Fixed Assots
Computer
Equipment
Total
Cost
As at 01 April 2023
Additions
Disposals
As at 31 March 2024
23.434
8.572
23,434
8,572
32.006
32.006
Depreciation
As at 01 April 2023
Charge for the year
Eliminatlon on disposal
As at 31 March 2024
12.298
10.318
12,298
10.318
22,616
22,616
Net Book Value
As at 31 March 2024
9.390
9,390
As at 31 March 2023
11,136
11,136
9. Debtors
2024
2023
Trade debtors
Prepayments and accrued in¢om8
5,000
7.022
29.713
10. Cash in hand and at bank
2024
2023
Bank current account
Bank deposit account
Cash in hand and staTnps
100
405.209
50
100
417.025
50
405.359
417 175
11. Creditors - amounts falling duo within one year
2024
2023
Trade creditors
Taxation and social security
Accruals and def8rr8d incom8
Other creditors
4,495
6,210
6.600
14,052
5,172
6,120
1.036
17.305
26,380
18

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
12. Deferred Income
The charity did not have any defarred income in the currant or prior year.
13. Funds received as agent
No funds were received as agent during the current or prior year.
14. Anatysls of Charltablè Funds
Analysls of Movemenl In Unrestrlthd Funds - Current Year
Balance at
Incoming
Outgoing
1 Apr 2023 Resources Resources
Balance at
Transfers 31 Mar 2024
General Fund
Designated Funds:
Comwter Hardware
Total Unrestricted Funds
358.500
31.388
(17.325)
{81,102)
291,461
25,000
383.500
(5,103)
(22,428)
19,897
311.358
31.388
(81,102)
Transfers totslling £81,102 V￿re m8de from unreslricted funds to cover over-spends on restricted projects
during the yéar.
Analysls of Movement In Unrestrlcted Funds - Prlor Year
Balance at
Incomlng
Outgoing
Balance al
1 Apr 2022 Resources Resourcos Transfars 31 Mar 2023
General Fund
Designatèd Funds:
Computer Hardware
Total Unrestricted Funds
361.897
46.088
(14,651)
(34,834)
358.500
25.000
386.897
25.000
383.500
46.088
(14.651
34.834)
Transfers totslling £34.834 were made from unrestricted funds to cover over-spends on rest[￿ted projects
during the year ended 31 March 2023
Al the Tnjstees Meeting of 2ThJ December 2021 the Trustees approved the creation of a new £25,000
designated fund for Computer Hardware. which is to be used for the purpose of upgrading the charitys IT
infrastructure.
19

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
14. Analysls of Charltablo Funds (contlnued...)
Analysls of Movoment In Restrlcted Funds - Current Year
Balance at Incoming
Outgolng
Balanco at
1 Apr 2023 Resources Re8oufGes Transfers 31 Mar 2024
Emergency Planning for ca￿rS
Surviving Winter
NE Hants Carers Services
Young Adults Carers NEH
HCC Covid Grants
HCC Household Grants
SGN Project
Flxed Assets
251.460
(334.116)
82,656
635
635
8.095
59.497
(69299)
17.897
(17.897)
(4.535)
17.897
4,535
55.833
109,468
(38.088)
(24.026)
(6.487)
17.747
85,442
3,880
7,386
2,981
30,453
476.258
472.014
81.102
115,799
Analysls of Movement In Restrlctsd Funds - Prlor Year
Balance at
Incomlng
Outgoing
Balan¢e at
l Apr 2022 Resources Resources Transfers 31 Mar 2023
Emergency Planning for ca￿rS
Surviving Winter
NE Hants Carers Services
Young Adults Carers NEH
Celebrallng Carers through Art
HCC Covid Grants
Fixed Assets
214.670
(239,777)
25,107
635
3,315
17.897
4,876
4.535
11,528
635
59.497
(72.539)
9.727
17.897
(4.876)
4,535
7,386
(4,142>
42.786
274,167
321.334
34,834
30.453
20

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No.. 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
1& Analysls of Charltable Funds (contlnued...)
Purposes of Restricted Funds
Emergency Plannlng for Carors - To provide an amargency plan for carers should Ihe carer become 111 or
unable to provide the care that Ihey have been giving. This contract was ranewed wilh Hampshire County
Council for 3 years from 1 April 2019 to 31 March 2022, and subsequenlly extended to 31 March 2024.
Surviving Winter - To identify carers in need of financial support to pay their heating bills and facilitate
access to govemment grants to alleviate hardship.
Young Adults Carers - project to look at the needs of young adult carers (aged 1&25 years). During the
year the remaining balance on this fund was transferred to the NE Hants CaTers Service project.
NE Hants Carers Servlces - A grant from North East Hampshira CCG to provide monthly Carers Hubs in
various locations in North East Hampshire vknich act as a 'one stop shop. where carers can gather
information and se8k advice and support in relation to their caring role.
To facilitate Carers Clinics at two GP surgeries in N E Hants where carers can make appointments to see a
carer support worker for advice and information in relation to their caring role and where the carer support
worker can support Practice Teams in becoming more knowledgeable about carers.
To provid8 cours&s that train and supporl car8rs in various aspects of caring in order to ease their anxiety
around thelr caring role as well as protect thelr physical health.
This proiect has been extended to 31st March 2024.
Celebratlng Carers Through Art - this was a project that was hetd In conjunctlon with North East Hampshlre
and Famham Clinical Commissioning Grwp as well as various other stakeholders such as Car8rs
Ambassadors and Action for Carers Surrey to an arts competitlon for Carers. Following on from thls the
remaining fund was used for Carers to continue attending Art sessions. This fund is now fully expended.
HCC Covid Grants - The grant received from a local authority to give out to carers to provide them with extra
assistanc& during the pandemic with infection control. During the year a transf8r made to allocate costs
subsumed within the general expendiiure in prior periods.
HCC Household Grants - HCC has roc8ived granl funding from the DWP in accordance with the Household
Support Fund guidance to provide support to vulnerable households. Grant funding has to be allocated to
organisalions to support unpaid carers in Hampshire through food vouchers or tangible items.
SGN Projèct - This is a partnership project between SGN (Southern Gas Nalworks) and the Princess Royal
Trust for Carers in Hampshire. The partnership will engage carers across Hampshire with infomation on the
support that's available for carers to maintain a safe and warm home. Through this engagement a dedicated
team of advisers with skills in energy and carers needs will provide a safe, warm, and engaging space where
support services can be bespoke to the carer's needs.
Flxed Assets This fund represents fixed assets aCqUi￿d from restricted funds. Transfers into the fund
relate to the acquisition of new assets and expendilure is recognised as the assets are depreciated over the
useful economic lives.
21

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
15. Analysls of net assets between funds
Current Year
Fund balances at 31 March 2024
Represented by.
Unrestricted Restricted Total 2024
Tangible fixed assets
Current assets
Creditors: amounts falling due within one year
5,510
305.848
3,880
129.224
(17,305)
9,390
435.072
(17.305)
311358
115,799
427 157
Prevlous year
Fund balances at 31 March 2023
Represented by.
Unrestrlcted Restrlcted Total 2023
Tangible fixed assets
Current assets
Creditors: amounts falling due within one year
3,634
376.823
(354)
7,502
1,810
(28.026)
11,136
378,633
(26.3801
380.103
16,714
363 389
16. Operating Lease Commitments
At 31 March 2024 and 31 March 2023 the charity did not have any commttmenls under non-cancellable
operating leases.
17. Transactions with Related Parties
There were no transactions wilh related parties during the year.
18. Government Grants
Income from government grarrts comprises grants made by local authorities to fund the carer support
programs run by The Princess Royal Trust for Carers. Total income from govemment grants in the year is as
follows:
2024
2023
Fundin
Source
Hampshire County Council
Hampshire County Council
West Hampshire CCG
NE Hants & Famham CCG
Test Valley Borough Council
Emergency Planning for Carers
HCC Household Grant Scheme
Hants carers support & info
NE Hants Carers Sewvices
Coronalion Grant
266.322
58.578
229.532
18,911
59.497
59,497
450
384.847
307.940

THE PRINCESS ROYAL TRUST FOR CARERS IN HAMPSHIRE
(Company No: 2955846)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2024
19. Contlngent Assots
As at 31 March 2024, the charily has been notified of one residu8ry legacy, the valuation and timing of which
is uncertain as the majority of the legatys value arises from a properly which has not yel been sold, and
which has restrictive covenants in place which may affect Sts market appeal. The curr8nl estimate of the value
of the res¥Juary legacy is approximately £188k.
20. Ultimata Controlling Party
The Charty is controlled by its trustees. who are also its directors.
21. Reconclllatlon of not movement In funds to net cash flow from operating actlvltles
2024
2023
Net movement in funds
Add back depreclatlon charge & loss on disposal of assets
Deduct income shown in investing activities
Decrease (increase) in debtors
Increasè {decrease) in cxedilors
Net cash used in operating activities
13.204
10,316
(5.431)
(17.691)
9,073
8.675
(15,730)
5.644
(1,820)
50,564
22. Analysis of Cash and Cash Equlvalonts
2024
2023
Cash at bank and in hand
405.359
417,175
Total cash and cash equhvalents
405.359
417 175
23. Anatysis of changes in net debt
At start
At end
ear
Cash Flow3
Cash at bank and in hand
417.175
(11.816)
405.359
417,175
(11,816)
405.359
23