OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022 FOR THE CARERS’ RESOURCE

(A company limited by guarantee)

(Company registration number 03054273)

REGISTERED NUMBER: 1049278

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

Contents
Page
Charity Reference and Administrative Details 1
Chair’s Statement 2
Trustees’ Annual Report (Including Directors’ Report and Strategic Report) 3
Independent Auditor’s Report 13
Statement of Financial Activities 17
Balance Sheet 18
Statement of Cash Flows 19
Notes to the Financial Statements 20

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE CHARITY REFERENCE AND ADMINISTRATIVE DETAILS YEAR ENDED 31 MARCH 2022

Charity registration number 1049278 Company registration number 03054273 Trustees Robert Smith (resigned 20.1.22) Liz Jones (Chair) Sarah Shaw (Vice Chair Julia Lister Adeeba Malik (resigned 24.3.22) Corinne Jeffrey Inam Majid (resigned 16.9.21) Damian Boddy (appointed 24.3.22) Chief Executive Officer Christine Whiley Registered office 3 Grove Park Harrogate England HG1 4DP Auditor TC GroupTC Murray Harcourt Limited 6 Queen Street Leeds LS1 2TW Bankers Lloyds TSB Bank Plc 8 Cambridge Crescent Harrogate HG1 1PQ

1

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE CHAIR’S STATEMENT

YEAR ENDED 31 MARCH 2022

When I wrote my report for the year ended 2021, I envisaged that the world would have returned to a more normalised position 12 months on. How wrong I was to be so hopeful. The Covid journey has continued to be a bumpy one. As soon as we felt we could move forward and get on again, another wave hit us, and we had to reassess how best to continue our support to carers and the vulnerable groups of people in the community.

Despite covid the wheels of Carers Resource have kept on turning, with staff and volunteers rising to the demands and challenges of delivering services. I want to give a huge thank you to everyone who worked so hard in making 2021- 2022 yet another year of successes. I believe it is a sign of our resilience and capacity to be flexible and imaginative that enables so much to be achieved. I’m proud of what we have accomplished again this year and I’m sure my fellow trustees would echo with their thanks for a job well done over the last 12 months.

As I shared last year it is difficult to capture the range, variety of work and activities that happen over the year, that make such an impact for those we support but I do want to pick out a few.

The pandemic has cast long shadows across not only those involved in Carers’ Resource but across the whole care sector. We all know the care sector is in a crisis and there are on-going challenges at both a local, regional and national level, reflecting in the main, lack of funding in the system for years. There is much still to be done in recognising the contribution of Carers and providing a more level playing field for those involved in unpaid caring roles. We also know the complexity of demands continues to grow for carers and their families. This is now compounded as the cost living rises impact on their day to day lives.

One major challenge we face, is recruitment of staff, particularly in Care @, in what is now a very competitive market, with all the providers searching in the same pool of people. As a charity our aim is to be sustainable, producing a surplus which we can then invest back into the organisation. We are always reluctant to increase our fees and prices but with the unprecedented position in recruitment and the cost-ofliving increases, this is inevitable in the coming months.

In closing, I want to thank my fellow trustees for their support and input during the year. In particular, to Robert Smith and Adeeba Malik who stood down this year as trustees having shared their invaluable advice and knowledge over a number of years.

For the next 12 months, I wish all of us the energy, enthusiasm and resolve to fulfil our ambitions for Carers Resource as it moves forward on its mission to provide the best services we can to carers and vulnerable people in Bradford and North Yorkshire.

E A Jones Chair 24 November 2022

2

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT)

YEAR ENDED 31 MARCH 2022

The Trustees present their report and the audited financial statements of the Charity for the year ended 31 March 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the Trustees’ Annual Report and financial statements.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charity’s governing document, the Charities Act 2011 and Charities SORP (FRS102): 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.

TRUSTEES OF THE CHARITY

The Directors of the Charitable Company are its Trustees for the purposes of charity law. The Trustees who have served during the year and since the year end were as follows:

Robert Smith (resigned 20.1.22) Liz Jones (Chair) Sarah Shaw (Vice Chair) Julia Lister Adeeba Malik (resigned 24.3.22) Corinne Jeffrey Inam Majid (resigned 16.9.21) Damian Boddy (appointed 24.3.22)

OBJECTIVES AND ACTIVITIES

The Carers’ Resource gives tailored support and information to unpaid carers and those in need of care and support. It is an independent, award-winning Yorkshire charity which is open to everyone and offers emotional and practical help to enable them to cope positively with their caring responsibilities.

We exist to:

We offer an independent, expert service focused on carers:

3

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

OBJECTIVES AND ACTIVITIES (continued)

We are committed to:

We specialise in helping carers and those in need of care and support. We believe carers need support and time for themselves.

We confirm that we have referred to the information contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and in planning future activities.

STRATEGIC REPORT

ACHIEVEMENTS AND PERFORMANCE

A summary of the work of the Charity over the year is set out below:

Despite optimism about moving forward from the COVID pandemic the year 2021 -22 continued to be dominated by the pandemic and its legacies. The experience of carers and others in need of support continued to deteriorate, and their needs became more complex to meet. Many people in contact with the organisation were feeling at the end of their tether and unable to cope, whilst others were feeling quite angry as they struggled to manage their caring role without the support of other agencies who had stopped providing services at the beginning of the pandemic and were slow to return to normal. Many people required support to build up the confidence to go back into society again, whilst others remained highly concerned about keeping vulnerable loved ones as safe as possible. This exacerbated the levels of loneliness and isolation already felt by many carers due to the nature of their role. Throughout the period the organisation maintained its focus on meeting the needs of those it exists to support and continued to be innovative in the methods it deployed to engage with people whilst adhering to COVIDrestrictions to ensure that people were kept as safe as possible.

Reflecting the move back to more direct contact, in 2021 – 22 the organisation worked with 5981 carers who were new to our services. There were 7394 face to face contacts, 133 video calls and 30864 telephone support calls. Our website received over 100,000 hits across the year and our Facebook page following has grown by 38% since December 2020. Attendances at groups both actual and virtual numbered 1148. There were 464 young carers newly registered for our services, 271 young carers took part in at least one trip and 363 young carers attended a group either actually or virtually. 3058 people were supported by our Home from Hospital services after their discharge from hospital and 421 carers were referred by hospital colleagues to our carer navigator service. £744,760.13 of benefits were successfully claimed by carers with our support and £216,063 in external grants which includes direct support to carers from the Household Support Fund in Bradford District. 1087 people received a Carers Wellbeing Grant to alleviate carer strain. Care@ provided 41, 617 hours of care.

4

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

ACHIEVEMENTS AND PERFORMANCE (continued)

Separate funding streams from a range of funders and other charitable bodies have enabled us to offer significant additional value to the contracts in all geographical areas and funding from Carers Trust nationally and local fundraising enabled us to respond to the real hardship experienced by individual carers. Our care delivery service, Care@, continued to deliver in person across the full geographical footprint, despite the challenges of keeping staff and clients safe and therefore the number of staff who needed to isolate. Staff put their own needs second to those that they deliver care for and ensured that everyone received a service. At the beginning of the year Care@ began delivering on a Supported Living contract in Skipton supporting 4 individuals in two houses. This has been a highly successful piece of work despite the challenges of COVID.

We operate Home from Hospital Services across Bradford District and North Yorkshire, working in partnership with Carers Plus Yorkshire and employing staff in Selby and Richmondshire and Hambleton, in addition to Harrogate and Craven. These services are recognised as playing a fundamental role in keeping people at home in the short to medium term after being discharged from hospital. Despite the challenges the teams were able to meet and exceed their targets for the number of people supported we were fortunate in securing two sources of funding to support our employment work with carers as our funding from the Big Lottery Fund had came to an end. This has enabled significant work to take place to support carers to stay in employment through negotiation with employers and to build confidence and skills in order to be able to return to the labour market. Many carers do give up paid work in order to focus on their caring responsibilities, and with this a number of issues can arise. A common one is financial strain. As well as offering support to fill in benefit claim forms, staff can also apply for a range of grants for individuals. These range from white goods and other essential household items through to money to relieve carer strain by pursuing a hobby or having a break away. Once again, during the year research evidenced the additional pressure on existing carers and also highlighted the number of people new to caring due to the pandemic. The financial challenges faced by carers have been especially evident through the requests for essential support that often cover basic household equipment.

The previous full year of disruption to education had placed enormous strain on families but especially those who had clinically vulnerable relatives. Our parent carer workers and young carer workers saw a huge increase in requests for support due to levels of anxiety in children and young people, often manifesting in school refusal, social isolation and self-harm.

The organisation has continued to engage with a range of initiatives where it feels it can positively impact on services available to carers, working with local community partners to enhance services and support, focussing on reducing health inequalities and reaching out to those who do not traditionally ask for support. The short term community development project reached out to hundreds of local organisations to raise the profile of unpaid carers, and encourage individuals to make contact. A series of videos highlighting the role of carers and the support available were produced in a range of community languages.

In Carers Week, in June 2021, we put on as many events and activities as possible, while keeping everyone safe. These included Art in the Park sessions, craft groups, lunch groups and parent carer coffee sessions, along with a professionals morning where we linked in with staff from the NYCC Living Well team to promote carers and partnership working. During Carers’ Rights Day in November 2021 we collaborated with the local health authorities and councils on a campaign promoting carers’ rights to COVID-19 and flu vaccinations, offering a number of different venues where carers could receive their vaccines and get more information and advice about their rights. We have also held a number of other community engagement events across the year.

The Worth Connecting project managed to secure further funding of £128k and has once again been able to offer actual groups based in community settings with both beginners and improvers courses offered as well as one to one support in people’s homes where it is not possible for people to get out. One of the impacts of COVID is the realisation that digital engagement is now an essential part of life and this has led to increased demand.

Our refreshed and updated 3-year strategy started from April 2021. It is a dynamic document with engagement from staff and volunteers in the values, the operating model and the priorities which direct the annual plans across the organisation.

.

5

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

ACHIEVEMENTS AND PERFORMANCE (continued)

During the year the service in Harrogate moved to a newer more fit for purpose office that is more accessible and conducive to modern day working, with many staff across the organisation adopting a hybrid model of working, with a mix of office community and home working. A number of new initiatives were introduced. After a successful pilot we were able to secure funding for a counselling project for carers using student counsellors. This is clearly meeting a demand and there is a growing waiting list as the service becomes more well known. The organisation has been conscious for some time that the number of male carers using the services does not reflect the ratio of male to female carers, the Men Care Too project specifically focuses on reaching out to men who are caring but don’t necessarily recognise themselves as carers, and looks at ways that their needs can be met.

BENEFITS TO THE PUBLIC FROM THE SERVICES OF THE CARERS’ RESOURCE

Nationally, it is calculated that carers save the economy around £132 billion per year, and 3 in 5 people can expect to become a carer at some point in their lives. The number of people new to caring has risen significantly since the beginning of the COVID 19 pandemic, as has the amount of support that many carers now offer on a daily basis as services traditionally relied on have not been operating.

Despite the challenges of the pandemic, the lockdowns and rules, the fear and anxiety that many people felt, the organisation continued to focus on delivering high quality services to those in need to the best of its ability. This was challenging in many respects but ways were found to still offer support, information and advice to many people who were very isolated and without daily contact. Initially many carers assumed that the organisation was closed so staff took the initiative to contact people directly by phone, and this was greatly appreciated. For many people caring, it is what they do, it is part of their life and they don’t usually give themselves the label of carer. This was particularly true this year and helping people to recognise that there may be support available to ease the strain of caring was challenging as traditional places where publicity would be displayed were closed. Services are always shaped to meet the needs of individuals and there is no charge for any of our services thus reducing as many barriers to access as is possible. However, profile raising in the local media, was the only way to try to remind different sections of our community about the role of carers in our society. Examples of the support provided include:

6

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

BENEFITS TO THE PUBLIC FROM THE SERVICES OF THE CARERS’ RESOURCE (continued)

7

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

BENEFITS TO THE PUBLIC FROM THE SERVICES OF THE CARERS’ RESOURCE (continued)

Support for Families

Families in which caring is an issue (whether it is a child caring for a parent or grandparent, a parent caring for a disabled child or issues where siblings are caring for a brother or sister with a disability or illness) receive holistic support. The comprehensive service includes:

Volunteers:

Many carers and vulnerable older people benefit either by receiving help from our many volunteers, or by offering to work as a volunteer with us. Our volunteers underpin all of our services, adding valuable extra support for the organisation and directly to our clients. Volunteers help with:

A journey through Carers’ Resource can involve as much support from each team as is appropriate, with carers often accessing support from more than one team at any one time. This gives the client a comprehensive, person centred, professional and understanding support service that hopefully enables them to continue caring whilst still looking after their own health and wellbeing.

8

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

FINANCIAL REVIEW

The statement of financial activities (“SOFA”) for the year is set out on page 17 of the financial statements.

The Charity saw an increase to income in what was another uncertain and challenging year, this was aided in large by the sustained support from our funders, whom commissioned monies to continue the funding of short to medium term projects, giving unprecedented cost of living increases to contracts and the winning of new contracts/grants. There was also a full year of the new income stream within out domiciliary service (supported living) and there was continued support to help with additional PPE and COVID-19 related cancellations. This year saw, a total income of £4,191,388 (2021 - £3,751,311).

The expenditure was higher than the previous year but was aligned with the additional incomes at £4,192,166 (2021 - £3,727,379), The largest increases were within staffing relating to new projects and the full year impact of the supported living element within the domiciliary service and travel costs due to the lifting of lockdowns and restrictions which allowed for more face to face supports either from 1:1 or from groups. Overheads showed an increase due to the change of offices in Harrogate, with the older office becoming unfit for purpose, resulting in concurrent rents and dilapidation costs.

The overall result was a small decrease in reserves of £778 (2021 - £23,932 increase in reserves) to £673,331 (2021 - £674,109).

PRINCIPAL RISKS AND UNCERTAINTIES

The Board of Trustees takes the issue of risk seriously and mitigates risk by regularly reviewing and monitoring processes and ensuring contingency plans are in place.

The nature of the organisation means that risk is a key factor to be considered with all new and ongoing pieces of work and a strategic risk register is in place and regularly reviewed.

The senior leadership team continues to seek diversification of funding and activities in line with the organisation’s core functions. Internal control and regulatory risks are minimised by the implementation and monitoring of detailed procedures.

Internal risks continue to be minimised by the implementation of procedures that accord to best practice including, researching and purchasing a new website.

The key risks and response that the Charity has identified are as below:-

9

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

RESERVES

As part of the management of risk, the charity sets aside some of its income to form a reserve to cover any shortfalls in funding and to take advantage of changes and opportunities. The Carers’ Resource is experienced in managing both short-term and long-term funding streams. Reserves continue to be available to spend on any of its charitable purposes.

A Reserves policy was adopted with a figure of £300k, which takes into account contractually committed expenditure from lease and partner agreements, 60 days’ operational expenditure and statutory redundancy (excluding activity which would be subject to TUPE). The levels of reserves are monitored at each Trustee’s meeting and discussed. When appropriate funds are released to ensure that we meet the needs of our beneficiaries, while also accepting and diminishing any financial risks to the Charity. The Trustees are keen to utilise the reserves to have the best impact on carers.

There is a continued programme to spend some of the excess reserves in regards to additional staffing: with the current year’s budget predicting a £32K over-spend. There is also a view to utilise the reserves to pull together an internal training curriculum to support “trainee locality workers “.

This year the trustees supported the following roles and activities

PLANS FOR THE FUTURE

The pressure on unpaid carers and many other vulnerable people this year has been immense and has felt quite different from the past. Services and systems that were taken for granted have not been available, and people have been confused, bewildered and frightened. In this environment Carers’ Resource has focussed on its core business, and in particular in reaching out to as many carers as possible, and set itself an ambitious target of doubling the number of carers it is in contact with. In order to do this a range of initiatives are planned and in progress, including more robust data collection, streamlined HR processes and a more interactive website. The engagement of carers and others in the design and delivery of Carers’ Resource services has diminished slightly and this is another focus area to ensure that the organisation continues to respond to expressed needs and concerns. Projects are being initiated to examine leadership and management across the organisation and to review and re-set the Care@ services in the light of current conditions.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Company was incorporated on 9 May 1995 under a Memorandum of Association which established the objects and powers of the Charitable Company and is governed under its Articles of Association. The Company is limited by guarantee with the liability of members in the event of a winding up being limited to £1 each.

10

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

Charity Governance Code

The charity is undertaking a review against the new 2020 Charity Governance Code, to ensure it is still following best practice. Trustees had training on safeguarding in the year and adiversity session facilitated by an external trainer on diversity which resulted in the development of an EDI action plan. Rules on membership continue to be developed

Recruitment and appointment of Trustees

The Trustees all have professional and/or commercial backgrounds with a range of complementary skills including a number with a health service background. Trustees are required to retire by rotation. In the event of particular skills being lost due to retirement, new Trustees are recruited following Corporate Governance Policy guidelines (8.2 Recruitment of Trustees and 8.11 Board and Sub-Committees Composition and Arrangements Policy). The roles are advertised via our website, newsletter and social media, followed by a recruitment process.

Trustees Induction and Training

All trustees are provided with relevant documents including the Charity Commission guidance “The Essential Trustee”. Generally, Trustees are familiar with the practical work of the Charity prior to appointment. New Trustees meet with the senior leadership team and fellow Trustees to familiarise themselves with the work and structure of the Charity and the obligations of Trustees in line with an induction programme .

Board Performance

The Board of Trustees is keen to review its performance in a robust manner on a regular basis. And is planning to do one to one review sessions in the coming year.

The Board continues to be open to the possibility of undertaking peer review with another similar Board of Trustees.

Diversity

Carers’ Resource prides itself on offering a service to all carers and vulnerable people regardless of their ethnicity, age, gender or sexual orientation. The Board of Trustees works hard to reflect the diversity of the population Carers’ Resource serves in its membership, and where appropriate, specifically looks for new members who can bring an added dimension to the membership of the Board.

Details of organisational structure and how decisions are made

Strategic decisions are taken by the Board of Trustees, advised by management, which meets formally at least six times per annum. There is a Care@ Governance Board that oversees the CQC regulated aspects of the organisation and this also meets six times per year. An Audit and Finance sub-committee meets with the auditors to discuss their findings and meets as and when required to consider various aspects of finance and more recently to consider policies. At other times the Trustees will be involved in decision making and/or advising management as necessary.

Operational matters and day-to-day decision making are vested in the Chief Executive Officer (CEO) and supporting staff.

Arrangements for setting pay of key management personnel

The key management personnel are the CEO and all Heads of Service, with authority/responsibility for planning, directing and controlling activities.

Remunerations for the key management personnel are reviewed by the Board of Trustees in line with the annual pay reviews (paid from April). Further appraisals (e.g. probationary review, 2-year review) are paid in line with the pay policy, and again reviewed by the Board of Trustees.

11

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT AND STRATEGIC REPORT) (continued)

YEAR ENDED 31 MARCH 2022

TRUSTEES’ RESPONSIBILITIES STATEMENT

The Trustees (who are also Directors of The Carers’ Resource for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Charitable Company and of the incoming resources and application of resources, including the income and expenditure, of the Charitable Company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy, at any time, the financial position of the Charitable Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charitable Company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Disclosure of information to the auditors

We, the Directors of the Company who held office at the date of approval of these Financial Statements as set out above each confirm, so far as we are aware, that:

In approving the Trustees' Annual Report, we also approve the Strategic Report included therein, in our capacity as company Directors.

On behalf of the board

Liz Jones Chair of the Board of Trustees

Dated:…24 November 2022…

12

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF THE CARERS’ RESOURCE

Opinion

We have audited the financial statements of The Carers’ Resource (the ‘charitable company’) for the year ended 31 March 2022 which comprise the Statement of Financial Activities (Including Income and Expenditure Account), the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

However, it is not possible to predict with certainty the potential impact of future developments in either the charitable company’s trading environment or in the broader economy. Because of this, the above statements should not be interpreted as a guarantee that the charitable company will continue to operate as a going concern.

13

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF THE CARERS’ RESOURCE

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the Report of the Trustees, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Directors’ Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

14

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF THE CARERS’ RESOURCE

Responsibilities of Trustees

As explained more fully in the Trustees’ Responsibilities Statement set out on page 12, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Extent to which the audit was capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

We designed and executed procedures in line with our responsibilities to detect material misstatements in respect of irregularities, including fraud. These procedures, together with the extent to which they are capable of detecting irregularities, including fraud, are detailed below:

15

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF THE CARERS’ RESOURCE

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements. There are inherent limitations in the audit procedures performed not least due to the following:

Use of this report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Steven Williams FCA Senior Statutory Auditor

For and on behalf of TC Murray Harcourt Limited For and on behalf of TC Group Registered Auditors

6 Queen Street Leeds LS1 2TW

20/12/2022

16

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

YEAR ENDED 31 MARCH 2022

Note
Income from:
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investments
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
6/7
Total expenditure
Net income
Transfers between funds
16
Net movement in funds
16
Reconciliation of funds:
Total funds brought forward
16
Total funds carried forward
16		 Unrestricted
funds
Restricted
funds
Total
2022
£
£
£
85,723
-
85,723
2,828,027
1,277,618
4,105,645
-
-
-
20
-
20
2,913,770
1,277,618
4,191,388
-
-
-
29,877
-
29,877
2,957,203
1,205,086
4,162,289
2,987,080
1,205,086
4,192,166
(73,310)
72,532
(778)
38,658
(38,658)
-
(73,310)
72,532
(778)
549,085
125,024
674,109
514,433
158,898
673,331		 Total
2021
£
75,922
3,674,513
856
20
3,751,311
26,752
3,700,627
3,727,379
23,932
-
23,932
650,177
674,109

All income and expenditure derive from continuing activities.

The statement of financial activities includes all gains and losses recognised during the year.

17

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE BALANCE SHEET

AS AT 31 MARCH 2022
**Company **		 Registration No. 03054273 Registration No. 03054273
Note
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one year
14
Net current assets
Total assets less current liabilities
Net assets
Funds
Restricted funds
16
Unrestricted funds
16
Total funds
16		 2022
£
78,434
78,434
535,054
595,316
1,130,370
(535,473)
594,897
673,331
673,331
158,898
514,433
673,331		 2021
£
80,220
80,220
551,389
724,164
1,275,553
(681,664)
593,889
674,109
674,109
125,024
549,085
674,109

The financial statements were approved and authorised for issue by the Board on 24 November 2022.

Signed on behalf of the Board of Trustees

Liz Jones Chair of the Board of Trustees

The notes on pages 20 to 36 form part of these financial statements.

18

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE STATEMENT OF CASH FLOWS

YEAR ENDED 31 MARCH 2022

Note
Cash flow from/ (used in) operating activities
18
Net cash flow from operating activities
Cash flow from investing activities
Payments to acquire tangible fixed assets
Capital grants received
Interest received
Net cash flow used in investing activities
Net increase/ (decrease) in cash and cash equivalents
Cash and cash equivalents at start of year
Cash and cash equivalents at end of year
Cash and cash equivalents consist of cash at bank and in hand.		 2022
£
(79,952)
(79,952)
(48,916)
-
20
(48,896)
(128,848)
724,164
595,316		 2021
£
198,039
198,039
(49,087)
-
20
(49,067)
148,972
575,192
724,164

19

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a) General information and basis of preparation

The Carers’ Resource is a company limited by guarantee registered in the United Kingdom. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. The address of the registered office is:

3 Grove Park Court Harrogate England HG1 4DP

The nature of the Charity’s operations and principal activities are set out in the Trustees’ Annual Report.

The Charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Charities SORP (FRS 102): 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), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.

The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are prepared in sterling, which is the functional currency of the Charity, and rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

(b) Funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

(c) Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the Charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received.

For donations to be recognised the Charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the Charity and it is probable that they will be fulfilled.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably, and the Charity has control over the item. Fair value is determined on the basis of the value of the gift to the Charity. For example, the amount the Charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

20

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

(c) Income recognition (continued)

No amount is included in the financial statements for volunteer time in line with the Charities SORP (FRS 102). Further detail is given in the Trustees’ Annual Report.

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the Charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Income from the provision of charitable services and government and other grants is recognised at fair value when the Charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met, then these amounts are deferred.

Investment income is earned on bank deposits and is recognised in the period in which it is receivable.

(d) Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

(e) Support costs allocation

Support costs are those that assist the work of the Charity but do not directly represent charitable activities and include office costs, professional fees and governance costs. They are incurred directly in support of expenditure on the objects of the Charity and include project management carried out at the Charity’s Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

The analysis of these costs is included in note 6.

21

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

(f) Impairment of assets

The Charity assesses at each reporting date whether there is an indication that an asset may be impaired. If any such indication exists, the Charity makes an estimate of the asset’s recoverable amount.

An asset’s recoverable amount is the higher of an asset’s fair value less costs to sell and its value in use and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. Where the carrying amount of an asset exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount.

In assessing value in use, the estimated future cash flows are discounted to their present value using a discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. In determining fair value less costs to sell, an appropriate valuation model is used, calculations are corroborated by valuation multiples, or other available fair value indicators are used. Impairment losses are recognised in the Statement of Financial Activities in those expense categories consistent with the function of the impaired asset.

(g) Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and equipment

33% on a straight-line basis

(h) Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

(i) Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening the deposit or similar account.

(j) Leases

Rentals payable and receivable under operating leases are charged to the SoFA on a straight-line basis over the period of the lease.

(k) Employee benefits

When employees have rendered service to the Charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The Charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

22

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

(l) Tax

The Charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

(m) Going concern

The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charity to be able to continue as a going concern.

(n) Judgements and key sources of estimation uncertainty

Key sources of estimation uncertainty

The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year include:

Trade debtor provisioning

The Charity makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the ageing profile and historical experience. The carrying value of trade and other debtors and the associated provision is set out in note 13.

(o) Financial instruments

The Charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of financing transactions that don’t qualify as concessionary loans, which are subsequently measured at amortised cost using the effective interest method.

2 INCOME FROM DONATIONS AND LEGACIES

Gifts and donations receivable - revenue
Gifts and donations receivable - capital		 2022
£
85,723
-
85,723		 2021
£
75,288
634
75,922

Income from donations and legacies was £85,723 (2021 - £75,922) of which none (2021 - £634) was attributable to restricted and £85,723 (2021 - £75,288) was attributable to unrestricted funds.

23

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

3 INCOME FROM CHARITABLE ACTIVITIES

Carer support
Care@		 2022
£
3,004,297
1,101,348
4,105,645		 2021
£
2,980,880
693,633
3,674,513

Income from charitable activities was £4,105,645 (2021 - £3,674,513) of which £1,277,618 (2021 - £1,261,125) was attributable to restricted and £2,828,027 (2021 - £2,413,388) was attributable to unrestricted funds.

4 INCOME FROM OTHER TRADING ACTIVITIES

Fundraising events/activities 2022
£
-
-		 2021
£
856
856

All income from trading and fundraising activities in both reporting periods was attributable to unrestricted funds.

5 INCOME FROM INVESTMENTS

Interest – deposits 2022
£
20
20		 2021
£
20
20

All income from investments in both periods was attributable to unrestricted funds.

24

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

6 ANALYSIS OF EXPENDITURE

Basis of
allocation
Costs directly allocated
Staff costs
Direct
Travel
Direct
Fundraising costs
Direct
Recruitment and advertising
Direct
Carer activities
Direct
Bad debt expense
Direct
Other direct costs
Direct
Total directly allocated costs
Support costs allocated to
activities
Premises
Usage
Utilities
Usage
Printing, publicity, stationery &
postage
Usage
Insurance
Usage
Professional fees
Usage
Repairs and maintenance
Usage
Equipment
Usage
Communications
Usage
Depreciation
Usage
Staff training
Usage
Audit fees
Governance
Accountancy fees
Governance
Other indirect costs
Usage
Total support costs
Total expenditure		 Raising
funds
Charitable
Activities
Total
2022
Total
2021
£
£
£
£
24,860
3,404,432
3,429,292
3,086,797
-
108,557
108,557
74,825
-
49,263
49,263
1,892
5,017
-
5,017
7,885
-
14,846
14,846
30,219
-
90
90
1,049
-
120,679
120,679
124,889
29,877
3,697,867
3,727,744
3,327,556
-
164,798
164,798
128,221
-
31,967
31,967
32,840
-
35,172
35,172
33,142
-
20,911
20,911
14,915
-
29,467
29,467
21,333
-
16,658
16,658
35,908
-
34,383
34,383
18,549
-
37,928
37,928
29,016
-
50,703
50,703
57,404
-
20,315
20,315
14,713
-
6,262
6,262
5,400
-
-
-
-
-
15,858
15,858
8,382
-
464,422
464,422
399,823
29,877
4,162,289
4,192,166
3,727,379

7 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

Carer support
Care @		 Directly
allocated
costs
Support
costs
Governance
costs
Total
£
£
£
£
3,032,589
414,822
6,262
3,453,673
665,278
43,338
-
708,616
3,697,867
458,160
6,262
4,162,289

Expenditure on charitable activities was £4,162,289 (2021 - £3,700,627) of which £1,205,086 (2021 - £1,216,376) was attributable to restricted and £2,957,203 (2021 - £2,484,251) was attributable to unrestricted funds.

25

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

8 NET INCOME FOR THE YEAR

Net income is stated after charging:

Depreciation of tangible fixed assets
Operating lease rentals
9
AUDITOR’S REMUNERATION
Fees payable to the Charity’s auditor for the audit of the Charity’s annual
accounts
Fees payable to the Charity’s auditor for other services:
Other services		 2022
£
50,702
105,329
2022
£
6,262
-		 2021
£
57,403
106,319
2021
£
5,400
-

10 TRUSTEES’ AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES

The Trustees neither received nor waived any remuneration during the year (2021 - £Nil).

The total amount of employee benefits received by Key Management Personnel is £294,231 (2022 - £264,289).

The Trustees did not have any expenses reimbursed during the year (2021 - £Nil).

26

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

11 STAFF COSTS AND EMPLOYEE BENEFITS

The average monthly number of employees and full time equivalent (FTE) during the year was as follows:

Information
Development
Administration
Carer support officers
Children & Families
Training
Volunteering
Care workers		 2022
2022
2021
2021
Number
FTE
Number
FTE
14
10.5
13
8.6
9
7.4
8
6.1
25
19.8
23
16.3
58
42.6
54
35.3
10
8.1
9
6.7
11
6.9
10
5.7
3
2.3
3
1.9
66
44.4
67
37.1
196
142
187
117.7

The total staff costs and employee benefits was as follows:

Wages and salaries
Social security
Defined contribution pension costs		 2022
£
3,130,02
2
213,853
85,417
3,429,29
2		 2021
£
2,815,67
9
188,039
83,079
3,086,79
7

There were no employees who received total employee benefits (excluding employer pension costs) of more than £60,000 (2021 – £60,000).

Included in staff costs are termination payments totalling £Nil (2021 - £Nil).

27

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

12 TANGIBLE FIXED ASSETS

Cost or valuation
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
13
DEBTORS
Trade debtors
Grants and contracts receivable
Prepayments and accrued income
Other debtors		 Fixtures
and
equipment
£
587,941
48,916
636,857
507,721
50,702
558,423
78,434
80,220
2022
£
5,901
458,017
69,270
1,866
535,054		 Fixtures
and
equipment
£
587,941
48,916
636,857
507,721
50,702
558,423
78,434
80,220
2022
£
5,901
458,017
69,270
1,866
535,054		 Total
£
587,941
48,916
636,857
507,721
50,702
558,423
78,434
80,220
2021
£
14,734
477,768
57,043
1,844
535,054 551,389

There was no provision for impairment of trade debtors in either the current or prior period.

28

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

14 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Taxes and social security
Deferred income
Accruals
Other creditors
Deferred income
Deferred income at start of year
Released from previous years
Resources deferred in the year
Deferred income at end of year		 2022
£
29,212
50,832
363,390
48,941
43,098
535,473
2022
£
267,183
(267,183)
363,390
363,390		 2021
£
69,144
48,498
267,183
58,161
238,678
681,664
2021
£
212,400
(212,400)
267,183
267,183

At the balance sheet date, the charity was holding funds received in advance in respect of unearned income from performance related grants.

15 LEASES

a) Operating leases - lessee

Total future minimum lease payments under non-cancellable operating leases are as follows:

Not later than one year
Later than one and not later than five years		 2022
£
100,203
105,750
205,953		 2021
£
98,120
85,787
183,907

29

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 FUND RECONCILIATION

Restricted funds

Airedale and Craven CCT
Home from Hospital
North Yorkshire Home from
Hospital
Personal Support Navigator
North Yorkshire Sitting Service
Big Lottery - CReate
Big Lottery – Worth Connecting
(revenue)
Big Lottery – Worth Connection
(capital)
Kirby Foundation
Stronger Communities
Toller Projects
Tarn Moor
Young Carer Activities
Opportunity Daycare Fund
Carers Getting Together
Parent Carer Club
Bradford Worth Connecting
Bradford Winter Covid Grant
ABCD Funds
Yorkshire Water – Employment
Project
ESF Groundworks –
Employment Project
YAC Grant – Young Carers
NHS Charities
Making Carers Count (Men
Care too)
Barclays 100 (Counselling)
NHS England
Carers Respite
Bradford HAF Funding		 Balance at
1 April
2021
Income
Expenditure
Transfers
Balance at
31 March
2022
£
£
£
£
£
19,218
62,457
(50,286)
-
31,389
19,221
320,798
(333,860)
-
6,159
8,967
334,089
(297,141)
(22,957)
22,958
13,367
131,309
(154,699)
10,023
-
17,544
121,929
(106,470)
-
33,003
2,490
9,673
(6,387)
(5,776)
-
-
-
-
-
-
-
-
-
-
-
5,957
-
(7,180)
-
(1,223)
5,292
-
-
(5,292)
-
-
-
-
-
-
4,672
-
(980)
-
3,692
55
-
-
-
55
13,600
28,677
(25,255)
(17,022)
-
-
-
-
-
-
459
-
-
-
459
1,034
128,621
(108,309)
-
21,346
1,294
-
-
(1,294)
-
6,970
-
(3,510)
(3,460)
-
1,588
19,670
(23,499)
2,241
-
3,296
32,251
(40,426)
4,879
-
-
4,995
(6,505)
-
(1,510)
-
13,374
(10,388)
-
2,986
-
17,601
(11,151)
-
6,450
-
36,326
(16,750)
-
19,576
-
9,000
(2,260)
-
6,740
-
4,953
(30)
-
4,923
-
1,895
-
-
1,895
125,024
1,277,618
(1,205,086)
(38,658)
158,898

30

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 FUND RECONCILIATION (continued)

Unrestricted funds

Unrestricted Balance at
1 April
2021
Income
Expenditure
Transfers
Balance at
31 March
2022
£
£
£
£
£
549,085
2,913,770
(2,987,080)
38,658
514,433
549,084
2,913,770
(2,987,080)
38,658
514,433

Comparative information in respect of the preceding period is as follows:

Restricted funds

Airedale and Craven CCT
Home from Hospital
North Yorkshire Home from
Hospital
Personal Support Navigator
North Yorkshire Sitting Service
Big Lottery - CReate
Big Lottery – Worth Connecting
(revenue)
Big Lottery – Worth Connection
(capital)
Kirby Foundation
Stronger Communities
Toller Projects
Tarn Moor
Young Carer Activities
Opportunity Daycare Fund
Carers Getting Together
Parent Carer Club
Bradford Worth Connecting
Bradford Winter Covid Grant
ABCD Funds
Yorkshire Water – Employment
Project
ESF Groundworks –
Employment Project
YAC Grant – Young Carers		 Balance at
1 April
2020
Income
Expenditure
Transfers
Balance at
31 March
2021
£
£
£
£
£
15,185
62,680
(58,647)
-
19,218
23,388
316,770
(320,937)
-
19,221
21,225
306,649
(318,907)
-
8,967
665
130,000
(117,298)
-
13,367
(1,690)
122,265
(103,031)
-
17,544
3,422
101,846
(102,778)
-
2,490
12,884
132,377
(113,540)
(31,721)
-
3,720
-
(3,720)
-
-
13,937
-
(7,980)
-
5,957
5,292
-
-
-
5,292
2,283
-
-
(2,283)
-
5,174
-
(502)
-
4,672
55
-
-
-
55
6,454
28,677
(21,531)
-
13,600
-
4,196
(4,196)
-
-
1,651
-
(1,192)
-
459
-
21,429
(20,395)
-
1,034
-
7,994
(6,700)
-
1,294
-
6,970
-
-
6,970
-
4,917
(3,329)
-
1,588
-
9,989
(6,693)
-
3,296
-
5,000
(5,000)
-
-
113,645
1,261,759
(1,216,376)
(34,004)
125,024

31

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 FUND RECONCILIATION (continued)

Unrestricted funds

Unrestricted Balance at
1 April
2020
Income
Expenditure
Transfers
Balance at
31 March
2021
£
£
£
£
£
536,532
2,489,552
(2,511,003)
34,004
549,085
536,532
2,489,552
(2,511,003)
34,004
549,085

Purposes of restricted funds

a) Airedale and Craven Collaborative Care Teams

This contract was awarded to provide carer specialist services across all of the general practices in Airedale. A large portion of it was subsumed in the Integrated Carer Services contract which was competitively tendered in mid-2014. Carers’ Resource was successful in winning the ICS. Carers’ Resource continues to receive the remaining portion of the former funding to provide additional specialist carer support. We are raising awareness of the role and needs of carers and encouraging health care staff to work in partnership with others to better support carers.

b) Home from Hospital and Extension

From autumn 2012, we have been funded to provide a service from within all Bradford hospitals to ensure frail, elderly and vulnerable people do not go “home alone” and that they receive support for up to six weeks. Funding to extend the capacity of the Home from Hospital project continued due to the success of the service in preventing re-admission to hospital in the short to medium term. This project encompassed the “supported discharge” scheme in 18/19 which enabled staff to be in the hospitals to talk to the cared for and their carers before discharge, to signpost to the Home from Hospital service and to liaise and arrange for homecare if required using our Care@ services.

c) North Yorkshire Home from Hospital

This contract was awarded at the end of 2017 for a start date of the 1 April 2018; the contract is for four years. Funding is to support vulnerable people recently discharged from hospital, and to stop them readmitting (within 6 weeks). This contract works in partnership with Scarborough Rydale Carers Resource. The geography of this contract covers Selby, Richmondshire and Hambleton, alongside Harrogate and Craven.

d) Big Lottery Empowering Parents

An award funded by Reaching Communities from Big Lottery for three years to provide help, assistance and advice to parent carers across Harrogate, Craven and Bradford. This came to end in December 2018; however, the decision was taken to run the project to the end of the financial year (March 2019), when staff could then be transferred to another contract and continue their work within the parameters of the Bradford Integrated Services.

e) North Yorkshire Carers’ Sitting Service

This contract uses volunteers to provide a carers short break service where the cared for person is supported either in their own home or outside in order for the carer to have a break. The break is for a short period of time (2 to 4 hours). This project is funded by North Yorkshire County Council. There has been some overlap this year between this and the previous service which used paid staff .

f) Big Lottery CReate

A four-year grant from the Big Lottery Fund to continue the employment, training and personal development advice and support we provide to carers throughout Bradford, Craven and Harrogate.

32

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 FUND RECONCILIATION (continued)

g) Big Lottery – Worth Connecting

This is a Positive Minds partnership project and Carers’ Resource is the lead partner of four delivery partners. The aim of the service is to introduce older people who are lonely, isolated, and digitally excluded to IT, so that they are able to communicate using Skype, e-mails etc thus enabling them to communicate with others and to aid them in day-to-day tasks such as shopping, ordering prescriptions etc.

h) Kirby Foundation

The Kirby foundation funded the organisation to upgrade/replace PCs and Laptops to enable us to become Cyber Essential Plus compliant, and also to help move and update our servers from our Harrogate offices to the Shipley offices.

i) Aged Veterans Fund

This project is managed by Community First Yorkshire and covers the whole of North Yorkshire. Carers Resource acts as the lead body for the carers work. Together with other carers centres, an additional service is offered to both ex-Services personnel over the age of 65 who are carers, and the carers of ex-Services personnel.

j) Bramall Foundation

The Bramall Foundation donated a sum towards the cost of services to support children and young people with autism. This has helped to support young carers, parent carers and to enable us to run trips and activities. The monies are expected to continue for a further two years.

k) Tarn Moor

A grant received for driving lessons and refresher lessons for Carers of all ages but living within Skipton Parish only.

l) Young Carer Activities

Specific funds were received from North Yorkshire County Council to help with young carers transport. There were also funds received from Techbuyer to fund trips and activities.

m) Opportunity Daycare Fund

This fund has been used to focus on the development of support groups for carers specifically in the Shipley and Bradford East areas by employing a group development worker.

n) Carers Getting Together

This was a small fund from the lottery to focus on groups.

o) Parent Carer Club

This was a specific project to help parent carers by attending groups and helping/showing them the need for “peer support”.

Unrestricted general funds include:

a) NY Community Care Agreement

Funding for the core activities of the organisation has been provided since 1995 by the North Yorkshire County Council Adult and Community Services Directorate and by the Harrogate and Rural District Clinical Commissioning Group (and its predecessors). There is a strong focus on the delivery of Carer Assessments, accompanied by comprehensive information provision.

b) NY Young Carers and Young Carer Activities

Our Young Carers project involves work across Harrogate and Craven with other services to increase awareness and understanding of the role and needs of young carers and offer one-to-one support for young carers as well as a range of group activities. Miscellaneous funds and donations support a range of activities for the young people.

33

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022 16 FUND RECONCILIATION (continued)

c) Care@

Crossroads Care (Airedale and Bradford) provided care for over 20 years and in 2013 was absorbed by Carers’ Resource. Its assets and liabilities were transferred to the Carers’ Resource with effect from 1 April 2013 and services are open to anyone over the age of 18 who requires social care support in the areas where we operate. Funding for our services comes from a variety of sources including individuals themselves and health or social care agencies.

d) Integrated Care Teams

Through its Better Care Funds, Harrogate and Rural District CCG enables us to base our specialist staff in the heart of key community nursing teams to ensure better identification of and support for carers.

e) Integrated Care Services (Bradford and Craven)

Services for carers across Bradford District and Craven are pulled together in one integrated contract that ensures a comprehensive service for all carers, and enables our offer to be person centred and meet their individual needs.

f) CCCT

We are funded to provide services through Craven Community Collaborative Team. We have specialist staff based with community care teams to ensure better identification of, and support for, carers.

g) Changing Lives Fund (now part of ATI)

Income, generated from a number of small initiatives, to help with the training and employment needs of carers, was ring fenced in the Changing Lives Fund, established in April 2005. Our nationally recognised Carers in Employment project which is run under the banner of Changing Lives to assist carers with training and employment, has struggled to maintain consistent funding, especially in North Yorkshire.

34

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

17 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund balances at 31 March 2022 are represented by:

Fixed assets
Cash
Other current assets / (liabilities)
Total		 Unrestricted
funds
Designated
funds
Restricted
funds
Total
£
£
£
£
79,656
-
(1,223)
78,433
436,509
-
158,806
595,315
(1,732)
-
1,315
(417)
514,433
-
158,898
673,331

Comparative information in respect of the preceding period is as follows:

Fixed assets
Cash
Other current assets / liabilities
Total		 Unrestricted
funds
Designated
funds
Restricted
funds
Total
£
£
£
£
74,263
-
5,957
80,220
606,412
-
117,752
724,164
(131,590)
-
1,315
(130,275)
549,085
-
125,024
674,109

18 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for year
Interest receivable
Capital grants receivable
Depreciation and impairment of tangible fixed assets
Changes in working capital:
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash flow from from/ (used) in operating activities		 2022
£
(778)
(20)
-
50,702
49,904
16,336
(146,191)
(79,952)		 2021
£
23,932
(20)
-
57,403
81,315
(71,261)
187,985
198,039

35

DocuSign Envelope ID: E1CFF92D-6C11-4089-8934-764D5789120E

THE CARERS’ RESOURCE NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

19 PENSIONS AND POST-RETIREMENT BENEFITS

a) Defined contribution pension plans

The Charity operates a defined contribution pension plan for its employees. The amount recognised as an expense in the period was £85,417 (2021 - £83,079).

The defined contribution liability as at 31 March 2021 is allocated to unrestricted funds and amounted to £18,245 (2021 - £18,141).

20 FINANCIAL INSTRUMENTS

The carrying amounts of the Charity’s financial instruments are as follows:

Financial assets
Debt instruments measured at amortised cost:
- Trade debtors (note 13)
- Accrued income (note 13)
- Other debtors (note 13)
Financial liabilities
Measured at amortised cost
- Trade creditors (note 14)
- Accruals (note 14)
- Other creditors (note 14)		 2022
£
5,901
458,017
1,866
465,784
29,212
48,941
43,098
121,251		 2021
£
14,734
477,768
1,844
494,346
69,144
58,161
238,678
365,983

21 AGENCY ARRANGEMENTS

Bradford Carers Small Grants

The Charity administers disbursement of grant payments to carers on behalf of the Local Authority. During the year ended 31 March 2022, it received £345,000 (2021 - £175,000) and disbursed £101,744 (2021 - £94,496). At 31 March 2022, there was an overspent amount of £3,628 (2021 – underspend amount of £164,711), which is included within other creditors.

36