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2022-03-31-accounts

Charity Registration No. 1050808

Company Registration No. 3124430 (England and Wales)

SEFTON CARERS CENTRE

COMPANY LIMITED BY GUARANTEE AMENDED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

The financial statements have been amended to reflect a change in the Responsible Individual approving the Audit Report.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr M Kundi - Chair
Mrs P W Coventry
Mr A M Bridson
Ms S Bickerton
Mr H G Greenwood
Mr D A McCullough (Appointed 20 January 2022)
Senior management team
Chief Executive Mrs V Keeley
Head of Finance Mrs K Spurling
Head of Learning & H&S Mr P Blundell
Head of Performance and HR Ms R Fripp
Head of Service Development & Quality Mrs C Johnston
Direct Payments Lead Mrs K Thomas
Carers Services and Safeguarding Lead Ms R Darvill
Secretary Mrs V Keeley
Charity number 1050808
Company number 3124430
Principal address 27-37 South Road
Waterloo
Liverpool
L22 5PE
Registered office 27-37 South Road
Waterloo
Liverpool
L22 5PE
Auditor BWM
Tempest
Suite 5.1
12 Tithebarn Street
Liverpool
L2 2DT
Bankers Santander UK PLC
Bridle Road
Bootle
Merseyside
L30 4GB
Solicitors Brabners LLP
Horton House
Exchange Flags
Liverpool
L2 3YL

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION

Insurers

Towergate Kings Court London Road Stevenage SG1 2GA

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE CONTENTS

Page
Chairman's statement 1 - 2
Trustees' report 3 - 11
Statement of trustees' responsibilities 12
Independent auditor's report 13 - 15
Statement of financial activities 16 - 17
Balance sheet 18
Statement of cash flows 19
Notes to the financial statements 20 - 36

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE CHAIRMAN'S STATEMENT

FOR THE YEAR ENDED 31 MARCH 2022

Introduction

The last 12 months have remained challenging to maintain our services in a changing and unpredictable pandemic. Sefton Carers Centre has evolved to meet these challenges ensuring we continue to support unpaid carers across Sefton. We have invested in our health and safety to keep carers who need face to face support as safe as possible as well as our staff and volunteers. We have continued to adhere to the national government guidance and local / regional restrictions to reduce the ongoing spread of Covid-19. Our services have increased to include support in accessing free PPE for unpaid carers and we have developed online interaction options including YouTube training courses and virtual coffee mornings. Our buildings have remained open throughout the pandemic, and we opened fully face to face in June 22.

We have maintained a key role in the vaccination programme supporting bookings and communications to carers including writing to all our thousands of registered carers to support access to vaccinations and reduce waiting times to ensure carers are not leaving the person they care for, for long periods of time.

Our key service activities

Evidence Letters - We issued letters to every carer registered with ourselves to provide information on current services and provided evidence to enable carers to register for vaccination programmes under priorty group 6 via their GPs.

Free PPE – We provided free PPE packs from our buildings and promoted information on access to PPE from Sefton MBC.

– Disinfection spray machines We purchased two machines, one is located in Southport and the other in Waterloo. The machines give a disinfectant mist which is safe on materials, skin and electrics but will kill virus such as Covid-19 and Flu. The machines are available free to unpaid carers to disinfect homes, easily, quickly, and safely after a covid infection whilst protecting the person they care for from infection.

National Carers Week – With support from Merseyside Fire and Rescue over 50 afternoon teas, donated by Liverpool Football Club were delivered to carers homes across Sefton.

Carers Trust, reducing isolation – Sefton Carers Centre shared information on services such as our Sitting Service and Listening Ear to enable other carer centres across England to develop services.

Virtual services - We increased development in virtual services with the addition of streaming our training courses and development of YouTube videos.

I would like to highlight additional developments

The Young Carers in Transitions Project commenced as a pilot in September 2020. The project aim was to work with 50 young adult carers aged 18 to 25 to support with the transition to adult services via an individualised programme and to ensure all young carers are offered a transitions assessment prior to their 18th birthday. To boost confidence, opportunities and skills to counteract the major disadvantages these young carers face. The project sits within the young carers service but also works closely with our adult carers services. To date this project has worked with over 1500 young adult carers, vastly over the original estimate but evidences the importance of supporting this group of carers to keep caring but also to ensure they can meet their own personal aspirations.

Our Young Carers Books Project was developed with young carers to highlight what life is like for young carers and how important it is to receive support. Four books were written with young carers based on their true life experiences. The books give a “window” into the lives of young carers, caring for someone with dementia, mental health, autism and cancer. The books illustrations are based around Sefton landmarks to highlight these are local stories. The books have been award funding for printed versions to be given to every school in Sefton and hopefully young carers reading the books will have the confidence to ask for support. The additional benefit is that other children will read the books and gain a better understanding of the life of a classmate who is a young carer. The books were launched by the High Sheriff of Merseyside , Mr Nigel Lanceley DL, in November 2021 during National Carers Rights Day. The books are the first of their kind to be published in England and are inspirational in their design to raise awareness of young carers to young carers who may be hidden.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE CHAIRMAN'S STATEMENT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

During this year we have been working with the BBC to highlight the impact caring has on unpaid carers. BBC Interviews have been held with Sefton Carers Centre to highlight the impact on unpaid carers when paid care is not available due to staffing shortages in the market. The BBC interviewed our CEO, unpaid carers and local care agencies to understand that if there is no paid carers available then unpaid carers have no choice but to meet the gap in care needs. This causes stress and health / wellbeing issues for carers including impact on their own finances, yet carers allowance remains one of the lowest paid benefits. The interview not only highlighted our local issues but also as a national issue which included national coverage and interviews with the Carers Trust CEO. We will continue to highlight the impacts to ensure the voice of carers is heard.

Service development and delivery of quality services are of key importance to Sefton Carers Centre to ensure carers receive the highest standard of service provision. ISO 9001 quality mark , which is an internationally recognised Quality Management System standard has been held by Sefton Carers Centre since 2019. The organisations review and reassessment of this mark took place in March 2022, and we were pleased to achieve a Grade 1 pass and recertification of ISO 9001 for a further 3 years.

Myself and my fellow trustees remain very proud of the dedication and achievements of our staff and volunteers in the most difficult of times and thank them for their continued dedication in supporting unpaid carers in Sefton. I would also like to thank our funders for their support: - Sefton Council, South Sefton & Southport & Formby Clinical Commissioning Groups, Carers Trust, Community Lottery Fund and the Steve Morgan Foundation.

Mo Kundi Chairman

Date:

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

The trustees present their report and financial statements for the year ended 31 March 2022.

The financial statements have been amended to reflect a change in the Responsible Individual approving the Audit Report.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's memorandum and articles of association, 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)” (as amended for accounting periods commencing from 1 January 2019).

The work of the Centre in focus

Governance

Good governance is fundamental to the success of any charity and as a governing board we recognise our collective responsibility to ensure that the Centre is governed effectively and responsibly. In order to maintain high standards of governance the Board regularly assesses its own performance against the 7 principles of the Charity Commission’s ‘Good Governance Code’.

  1. Organisational purpose

  2. Leadership

  3. Integrity

  4. Decision making & risk control

  5. Board effectiveness

  6. Diversity

  7. Openness & accountability

Because of its strength in each of these key areas the Centre achieved the ISO 9001 quality management standard in April 2019 and awarded renewal in April 20.

A well governed and well managed organisation which knows what it is trying to achieve is more likely to attain its objectives than one which isn't, therefore, below we make a strong and clear statement of our vision, mission and values.

Our vision

A world in which the role and contribution of unpaid carers is recognised and valued and where carers have access to support and services of the quality that they need to live their own lives

Our mission

As set out in our Memorandum of Association:

The charity is established for the relief of persons who are ill, disabled, or elderly, and their carers by any charitable means, to include but not restricted to the provision of information and support within the Metropolitan Borough of Sefton or elsewhere as the trustees shall determine.

In pursuing these objectives, the trustees have had regard to the Charity Commission’s guidance on public benefit.

In order to achieve our objectives, we have striven throughout the year to ensure that Sefton’s carers:

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

Our values

Our values are very important to us, they have guided our decision making over the past 27 years and they will continue to do so in the years to come. Therefore, as an organisation we will continue to:

Our work has a three-fold focus, that of:

1. Strategic Partner

2. Welfare Service Provider

3. Advocate for Carers

As a Strategic Partner: We have sought opportunities to influence local strategic planning and to shape the development of the services upon which Carers and those they care for depend. Regular dialogue has been maintained throughout the year with the Senior Leadership Team of Sefton Council’s Adult Social Care Department, Children’s Services and our two local Clinical Commissioning Groups.

As a Service Provider - Adult Carers, we are commissioned by Sefton Council, Southport & Formby CCG and South Sefton CCG to deliver the following services to adult carers (18+) resident within the Borough of Sefton: Carer’s Assessments and Reviews, Personal Support Plans and Reviews, Advice, Information, Guidance, Respite services, Welfare benefits advice, Advocacy support, Skills for care, Emotional support, Stress busting & relaxation therapies, Life-long learning and training opportunities, Direct Payments support, Activity based support groups (virtual), Drop-in facilities, Independent living advice, Personal Health Budgets support Counselling, Family Carer support, Parent Carer support, Leisure and social activities, Living Well Sefton, a quarterly newsletter (published in the Champion Newspaper when in operation following restrictions of pandemic ), Carers Emergency Card, Befriending, Listening Ear. We are also commissioned by Sefton Council to deliver a comprehensive support service to young carers aged 5 – 17 years. All our services are delivered by a mix of specialist staff teams and trained volunteers.

As an Advocate for Carers: We continually urge Sefton Council and our local NHS to increase their investment in services which support Carers. We do this because we believe that carers can be part of the solution to budgetary problems. Carers are unlike any other vulnerable group, they put more into the local health and social care economy, (their unpaid care), than they take out.

They are in effect, subsidising that economy by their unpaid efforts. Carers Voice has been very active during the year speaking up for carers across Sefton.

Our strategic priorities

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

Risk assessment

As recommended by the Charity Commission the Centre’s Senior Management team conducts an annual assessment of the risks which the Centre must manage if it is to remain an efficient and effective organisation. Risks are identified and assessed under the following headings.

The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. The conclusions of our current risk assessment are available upon request.

Organisation Structure 2021-22

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

Achievements and Performance

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

CASE STUDIES

Case Study 1

Brief Description of Carer/ Cared For

The Carer is of Polish Ethnicity and has not long been in this country, her English is very poor and needs a translator to help her understand. She was a trained nurse in Poland but is working in a warehouse at the moment. She is a single parent with no family support and has two children with additional needs. She contacted social care for support regarding special school provision but since their involvement with the family the boys have been taken into temporary foster care.

Problems Faced

How We Helped

The parent carer team were request by the Court Judge to undertake a Carers Needs Assessment for the Carer as part of the evidence prior to the pre-proceedings case. We undertook the assessment at the Carers Centre with the Carer and a translator. The Carer was able to say how she had and could in the future look after her children’s needs. The Assessment also identified that the Carer because of her culture (she explained that in Poland there is a state pathway from diagnosis) she had not realised she had to source help/advice regarding statutory services and was unaware of community support; no one had told her what she was expected to do to support her children’s disabilities regarding schooling etc.

Outcome

We were able through the assessment to give the Carer a clear voice regarding her situation and understanding of her children’s needs. The Assessment also identified areas of support needed for her as a Carer which we can signpost/refer her to. Any needs that have been identified as the responsibility of the Local Authority will have to be supported by children’s social care services.

Case Study 2

Brief Description of Carer/ Cared For

This Young Adult Carer (YAC) should have been a 2021 school leaver, but they have not attended school for over two years. They have caring responsibilities at home for a parent with various health and support needs. They last attended school as a Year 9 pupil and since becoming NEET (Not in Education, Employment or Training), they have become more and more isolated, which the COVID-19 pandemic has contributed to. They are a longterm carer and were referred to the young carers service by the family's Early Help Worker in January 2021.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

Problems Faced

How We Helped

Starting to build a relationship with the young carer was the first step, as they have not been used to interacting with others since stopping attending school. Alongside the family's Early Help Worker, we began to meet with the young carer and work with them, with the intention of getting them back into some form of education. This initially took place in the home and progressed to getting out into the community. We arranged for the carer to visit an education provider and accompanied them on a taster visit to support the proposed start.

Outcome

The carer is now enrolled at and regularly attending sessions with an education provider. Initially travelling in cars with professionals, we then travelled with the carer on public transport, and the carer is now travelling independently to and from their place of education. The carer is now mixing with other learners and staff and is therefore much less isolated than previously. The carer has also received a laptop from our loan scheme to support their continuing success in their course. The carer and their parent are continuing to engage with support from our service as well as Early Help and others.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

Financial review

The 2021/22 statement of accounts confirm that the Centre has managed to fund services through the financial year within the existing resources available.

The Centre, as from the start of the pandemic, has remained operational during 2021/22 with the continued provision of commissioned services. Additional funding has been received from Sefton Council, during the year, to support the Centre with financial challenges brought about by Covid 19. This funding, in the form of Infection Control grant and Workforce grant has assisted with the purchases of PPE, air monitors for the building, disinfectant spray systems, mailshots production and additional hours to support the workload of the Carers Support Team.

Additional funding sources, outside of Covid related funding, have continued to be sought during 2021/22. Following the success of the Carers Trust ‘Inspiring Change Fund’ grant, supporting young carers in transition, a further grant of £18k has been awarded to enable the continuation of this initiative and to fund a fixed term post, to support the project, until August 2022.

In terms of notifications of extension of contracts during the financial year, NHS funding for Core and Family Services was secured for two years from April 2021. The Centre has been successful in the award of a 3-year contract (with an option to extend for 2 years) from November 2021, based on the existing format for Personal Health Budget Support but with an increase in service relating to wheelchairs. Also, notification was received in January 2022, from Sefton CVS, of the extension of the Living Well Sefton service level agreement until March 2024. These agreements help provide security for the relevant activities in future years.

Looking ahead to 2022/23 the Centre’s operation continues to be reliant on funding mainly from Sefton Council and the two local Clinical Commissioning Groups. From 1 July 2022 Clinical Commissioning Groups will cease to exist but all contracts will be transferred to the Cheshire and Merseyside Integrated Care Board. The economic environment for the sector remains challenging going forward with continued demand pressures on both health and social care budgets nationally. For the next financial year, the Chief Executive has sought and been assured of continued funding from the Council and is working with Council Commissioners to put a new agreement into place. As described above, NHS funding has been secured for both NHS core commissioned Carers services (until March 2023) and the Personal Health budgets function.

The Centre has been fortunate to be in receipt of a pecuniary legacy from the late Doreen Smith, in February 2022, with £10k being bequeathed. This is to be utilised to increase funds available for training and other activities for Carers, in accordance with Doreen’s wishes and represents a substantial increase to annual budgeted resources for such activities. A successful bid to Sefton CVS has resulted in a £2k grant award from the Thrive Network that aims to broaden the understanding of the emotional wellbeing of children and young people in Sefton.

With regard to the cessation of funding during 2022/23, the Lottery Community Fund is supporting a Young Carers post for a year until September 2022 and the Chief Executive is pro-actively seeking succession funding. The Active Older project ends in September 2022, with the associated project lead being integrated into the structure of the Carers Support Team, to ensure continuity of the outcomes achieved by this Carers Trust funded project.

For the last two financial years the Centre has found itself in a surplus position, as due to Covid 19, some budgets have not been fully utilised, given restraints on being out in the community impacting on the means of delivery of certain functions. However, for 2022/23, with society operating more normally it is likely that spend in all budget areas will return to normal levels.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

A balanced budget for 2022/23 was agreed by Trustees in February 2022 that absorbed, by careful consideration, the additional cost of the 1.25% increase in employer National Insurance from April 2022. In addition to the pressure of the National Insurance increase, inflationary pressures are a concern for the Centre. The 2022/23 budget contains, due to resource constraints, only £2k contingency which equates to a provision of approximately 1% for a price increase across all non-payroll budgets. Inflation is anticipated to increase to 10% by the Autumn. Although not all budgets will be impacted by inflation, notification of some increases in excess of 10%, have already been received for some items of the Centre’s expenditure. While inflation rates are forecast to fall in subsequent financial years, there still remains a high degree of uncertainty within the economy, particularly with ongoing world events. Given the current turmoil in the energy markets, there are concerns around the future utility costs for the Centre. While there is some short-term protection with the gas supply contract being in place until May 2024, the Centre’s electricity contract is due for renewal in October 2022. In addition, there is considerable pressure on the budgeted repair and maintenance resource with unanticipated works already being required in 2022/23 in the Centre’s car park, together with other emerging issues within the Centre’s building that require attention for Health and Safety purposes.

The year ahead will prove challenging financially and the budget will continue to require careful monitoring to ensure early identification of any pressures to enable timely decisions to be made where appropriate. There has been no indication of future inflationary increases from the Centre’s core funders. Trustees have set aside reserves, as outlined below, acknowledging potential financial risks but also recognising the need to develop services and take advantage of evolving business opportunities.

Reserves

Given the financial situation outlined above it is imperative that financial reserves provide some resilience to potential financial challenges going forward. This year, following the final accounts process, the Trustees have agreed to set aside funds of £132,050 from non-restricted funds. The short-term reserve will be increased by £35,550 which will provide for 4 weeks operating costs (previously 3 weeks) to assist with concerns around inflationary pressures. To maintain the long-term reserve at 5% of staff costs, an additional £2,450 is required. Given the current economic climate, pressures on funders’ budgets combined with a buoyant employment market there are concerns about staff retention in the Centre, so Trustees have agreed to set aside £64,050 to put measures in place to alleviate concerns.

After expenditure of £29,083 during the year, designated funds at the end of the year total £1,062,388 including the fixed asset reserve of £610,914. (2021 £959,421 with fixed asset reserve £577,281)

Free resources available, following the review of reserves undertaken as outlined above, are £137,785 (2021 £127,711).

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

Structure, governance and management

The trustees, who are also the directors for the purpose of company law, and who served during the year were:

Mr M Kundi - Chair Mrs P W Coventry Mrs S L Dare (Resigned 21 October 2021) Mr A M Bridson Ms S Bickerton Mr A M Chittenden (Resigned 20 January 2022) Mr H G Greenwood Mr D A McCullough (Appointed 20 January 2022)

Sefton Carers Centre Senior Management Team pay increases are only awarded in line with pay percentage increases approved by the Board of Trustees for all whole staff.

Auditor

BWM were appointed as auditor to the company and a resolution proposing that they be re-appointed will be put at a General Meeting.

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The Trustees' report was approved by the Board of Trustees on 25 August 2022.

..............................

Mr M Kundi - Chair

Trustee

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2022

The trustees, who are also the directors of Sefton Carers Centre for the purpose of company law, are responsible for preparing the Trustees' 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

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 charity 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 charity 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 charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SEFTON CARERS CENTRE

Opinion

We have audited the financial statements of Sefton Carers Centre (the ‘charity’) for the year ended 31 March 2022 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the 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).

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 charity 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

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. 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.

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 course of 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 this gives rise to a material misstatement in the financial statements themselves. 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 our audit:

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF SEFTON CARERS CENTRE

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' 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:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose 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 charity’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.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

The extent to which the audit was considered capable of detecting irregularities, including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF SEFTON CARERS CENTRE

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our 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 auditors' 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.

Louise Casey ACA (Senior Statutory Auditor) for and on behalf of BWM

.........................

Chartered Accountants Statutory Auditor

Tempest Suite 5.1 12 Tithebarn Street Liverpool L2 2DT

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2022

Current financial year
Unrestricted
Restricted
funds
funds
2022
2022
Notes
£
£
Income from:
Donations and legacies
3
13,882
92,686
Charitable activities
4
529,093
718,358
Investments
5
1,471
-
Total income
544,446
811,044
Expenditure on:
Raising funds
6
957
-
Charitable activities
7
481,967
675,029
Total expenditure
482,924
675,029
Net incoming resources before transfers
61,522
136,015
Gross transfers between funds
13
51,519
(51,519)
Net income for the year/
Net movement in funds
113,041
84,496
Fund balances at 1 April 2021
1,087,132
118,688
Fund balances at 31 March 2022
1,200,173
203,184		 Total
Total
as restated
2022
2021
£
£
106,568
10,720
1,247,451
1,353,073
1,471
1,205
1,355,490
1,364,998
957
-
1,156,996
1,297,826
1,157,953
1,297,826
197,537
67,172
-
-
197,537
67,172
1,205,820
1,138,648
1,403,357
1,205,820		 Total
Total
as restated
2022
2021
£
£
106,568
10,720
1,247,451
1,353,073
1,471
1,205
1,355,490
1,364,998
957
-
1,156,996
1,297,826
1,157,953
1,297,826
197,537
67,172
-
-
197,537
67,172
1,205,820
1,138,648
1,403,357
1,205,820
1,364,998
-
1,297,826
1,297,826
67,172
-
67,172
1,138,648
1,205,820

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

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2022

Prior financial year

Prior financial year
Unrestricted Restricted Total
funds funds as restated
2021 2021 2021
Notes £ £ £
Income from:
Donations and legacies 3 7,532 3,188 10,720
Charitable activities 4 553,159 799,914 1,353,073
Investments 5 1,205 - 1,205
Total income 561,896 803,102 1,364,998
Expenditure on:
Charitable activities 7 520,784 777,042 1,297,826
Total expenditure 520,784 777,042 1,297,826
Net incoming resources before transfers 41,112 26,060 67,172
Gross transfers between funds 13 3,170 (3,170) -
Net income for the year/
Net movement in funds 44,282 22,890 67,172
Fund balances at 1 April 2020 1,042,850 95,798 1,138,648
Fund balances at 31 March 2021 1,087,132 118,688 1,205,820

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE BALANCE SHEET

AS AT 31 MARCH 2022

2022
Notes
£
£
Fixed assets
Tangible assets
14
610,915
Investments
15
1
Total fixed assets
610,916
Current assets
Stocks
17
2,139
Debtors
18
50,247
Cash at bank and in hand
937,166
989,552
Liabilities
Creditors: amounts falling due within one
year
19
(197,111)
Net current assets
792,441
Total assets less current liabilities
1,403,357
The funds of the charity
Restricted funds
23
203,184
Unrestricted funds-general
Designated funds
25
1,062,388
General unrestricted funds
137,785
Total unrestricted funds
1,200,173
Total charity funds
1,403,357
The accounts were approved by the Trustees on .........................
..............................
..............................
Mr M Kundi - Chair
Mr A M Bridson
Trustee
Trustee
Company Registration No. 3124430
25/8/2022		 2021
£
£
577,281
1
577,282
1,319
28,089
769,776
799,184
(170,646)
628,538
1,205,820
118,688
959,421
127,711
1,087,132
1,205,820		 2021
£
£
577,281
1
577,282
1,319
28,089
769,776
799,184
(170,646)
628,538
1,205,820
118,688
959,421
127,711
1,087,132
1,205,820
577,282
628,538
1,205,820
118,688
1,087,132
1,205,820

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2022

Notes
Cash flows from operating activities
Cash generated from operations
27
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash (used in)/generated from
investing activities
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2022
£
(62,717)
1,471		 £
228,636
(61,246)
-
167,390
769,776
937,166		 2021
£
-
1,205		 £
259,788
1,205
-
260,993
508,783
769,776

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

Charity information

Sefton Carers Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is 27-37 South Road, Waterloo, Liverpool, L22 5PE.

1.1 Accounting convention

The accounts have been prepared in accordance with the charity's memorandum and articles of association, 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)” as amended for accounting periods commencing from 1 January 2019.

The charity is a Public Benefit Entity as defined by FRS 102.

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The accounts have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the accounts and as detailed in the Trustees’ report the Trustees have considered the impact of Covid-19 on the charity and the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the ‘going concern’ basis of accounting in preparing the accounts.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

(Continued)

Income from donations and grants, including capital grants, is included when these are receivable, except as follows:

Voluntary income includes discretionary grants for projects, goods and services where no service agreement or contract exists.

Other grants, which have particular service requirements and which are provided in accordance with a contract or service level agreement are included in the Statement of Financial Activities under the heading Income from Charitable Activities.

Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straightline basis over the lease term.

Interest is included when receivable by the charity.

1.5 Expenditure

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Staff costs are apportioned between activities on the basis of an assessment of the head count within those activities.

All overhead costs are apportioned between activities on the basis of an assessment of the head count within those activities.

Governance costs are those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

1.6 Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

All assets costing more than £1,000 are capitalised at cost.

Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Freehold property Fixtures, fittings & equipment

Straight line basis over 50 years Straight line basis over 5 or 10 years

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

(Continued)

With the adoption of FRS102 in 2016, the charity took the option to include the property at deemed cost.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Fixed asset investments

Fixed asset investments are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in net income/ (expenditure) for the year.

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Stocks

Stocks of items held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost.

1.10 Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks.

1.11 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

(Continued)

1.12 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13 Retirement benefits

The charity operates a defined contribution scheme for selected employees. Contributions are charged to the SOFA in the period to which they relate.

1.14 Leases

Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease.

1.15 Taxation

The charity benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions. Recovery is made of tax deducted from qualifying income and from receipts under gift aid.

The charity is not able to recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted
Restricted
funds
funds
general
2022
2022
£
£
Donations and gifts
13,882
-
Legacies receivable
-
10,000
Grants receivable for
core activities
-
82,686
13,882
92,686		 Total
Unrestricted
Restricted
funds
funds
general
2022
2021
2021
£
£
£
13,882
7,532
3,188
10,000
-
-
82,686
-
-
106,568
7,532
3,188		 Total
2021
£
10,720
-
-
10,720

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

3 Donations and legacies

(Continued)

Grants receivable for
core activities
Sefton MBC
Charitable activities
Services provided under
contract
Covid-19 support
funding
Performance related
grants
Ancillary trading income
Other income
Analysis by fund
Unrestricted funds -
general
Restricted funds
Performance related grants
Big Lottery
Carers Trust
Steve Morgan
Carers Trust (Active older)
National Lottery
Community Fund
Other		 -
-		 82,686
82,686
Advice &
Information
services
2022
£
310,869
-
-
-
1,095
311,964
-
311,964
311,964
-
-
-
-
-
-
-		 82,686
82,686
Total
2022
£
1,144,489
-
62,348
31,750
8,864
1,247,451
529,093
718,358
1,247,451
-
5,755
10,500
26,371
17,864
1,858
62,348		 -
-		 -
-
Advice &
Information
services
2021
£
310,265
-
-
-
-
310,265
-
310,265
310,265
-
-
-
-
-
-
-		 -
-
Total
2021
as restated
£
1,100,619
116,141
65,723
32,737
37,853
Welfare &
provision
services		 Welfare &
provision
services
2022
£
833,620
-
62,348
31,750
7,769
935,487
529,093
406,394
935,487
-
5,755
10,500
26,371
17,864
1,858
62,348		 2021
£
790,354
116,141
65,723
32,737
37,853
1,042,808
553,159
489,649
1,042,808
6,314
13,099
22,000
12,251
-
12,059
65,723
1,353,073
553,159
799,914
1,353,073
6,314
13,099
22,000
12,251
-
12,059
65,723

4 Charitable activities

A review of income from charitable activities was completed at year-end and all services under contract are now being shown under a separate heading. The comparatives have been reclassified to the appropriate income heading.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

5 Investments

Unrestricted Unrestricted
funds funds
general general
2022 2021
£ £
Interest receivable 1,471 1,205

6 Raising funds

Unrestricted Unrestricted
funds funds
general general
2022 2021
£ £
Fundraising and publicity
Staff costs 957 -
957 -

7 Charitable activities

Staff costs
Premises costs
Supplies and services
Share of support costs (see
note 9)
Share of governance costs
(see note 9)		 Welfare &
provision
services
Advice &
Information
services
2022
2022
£
£
362,644
283,593
38,849
13,547
100,115
21,481
501,608
318,621
271,489
872
64,406
-
837,503
319,493		 Total
2022
£
646,237
52,396
121,596
820,229
272,361
64,406
1,156,996		 Welfare &
provision
services
Advice &
Information
services
2021
2021
£
£
414,232
258,606
41,959
10,932
193,947
22,621
650,138
292,159
349,094
-
6,435
-
1,005,667
292,159		 Total
2021
£
672,838
52,891
216,568
2022
£
362,644
38,849
100,115
501,608
271,489
64,406
837,503		 2021
£
414,232
41,959
193,947
650,138
349,094
6,435
1,005,667
942,297
349,094
6,435
1,297,826

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

7 Charitable activities

Charitable activities
Analysis by fund
Unrestricted funds -
general
Restricted funds		 481,967
355,536
837,503		 -
319,493
319,493		 481,967
675,029
1,156,996		 520,784
484,883
1,005,667		 (Continued)
-
520,784
292,159
777,042
292,159
1,297,826		 (Continued)
-
520,784
292,159
777,042
292,159
1,297,826
1,297,826

8 Auditor's remuneration

Fees payable to the charity's auditor and associates:
Audit of the charity's annual accounts
Non-audit services
All other non-audit services
Support costs
Support
costs
Governance
costs
£
£
Staff costs
165,883
57,506
Depreciation
29,083
-
Supplies and services
67,057
-
Trustee training costs
257
-
Other staff costs
10,081
-
Audit fees
-
3,775
Accountancy
-
3,125
272,361
64,406
Analysed between
Charitable activities
272,361
64,406		 2022
£
3,775
3,125
2022Support costs Governance
costs
£
£
£
223,389
250,415
-
29,083
29,397
-
67,057
69,282
-
257
-
-
10,081
-
-
3,775
-
4,000
3,125
-
2,435
336,767
349,094
6,435
336,767
349,094
6,435		 2021
£
4,000
2,435
2021
£
250,415
29,397
69,282
-
-
4,000
2,435
355,529
355,529

9 Support costs

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

10 Employees

Number of employees

The average monthly number of employees during the year was:

Advice and advocacy services
Welfare and respite services
Training and information services
Management and administration
Employment costs
Wages and salaries
Social security costs (NI contributions)
Other pension costs		 2022
Number
14
18
3
8
43
2022
£
754,090
55,043
61,450
870,583		 2021
Number
14
16
3
8
41
2021
£
799,882
60,508
62,863
923,253

There were no employees whose annual remuneration was £60,000 or more.

11 Retirement benefit schemes

Defined contribution schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £61,450 (2021 - £62,863).

12 Trustees

None of the trustees (or any persons connected with them) received fees or remuneration during the year (2021: none). No trustees received expenses during the year (2021: none).

13 Transfers

The transfer between restricted and unrestricted funds in the current year are due to the restriction being satisfied following the purchase of the required fixed asset and a reallocation of project funds following agreement with the grant provider.

The transfer between restricted and unrestricted funds in prior year is due to a surplus in funds following the completion of projects. As a result the balance of funds has been released to unrestricted.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

14 Tangible fixed assets

Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation and impairment
At 1 April 2021
Depreciation charged in the year
At 31 March 2022
Carrying amount
At 31 March 2022
At 31 March 2021		 Freehold
property
£
1,053,451
-
1,053,451
498,083
16,829
514,912
538,539
555,368		 Fixtures,
fittings &
equipment
£
82,989
62,717
145,706
61,076
12,254
73,330
72,376
21,913		 Total
£
1,136,440
62,717
1,199,157
559,159
29,083
588,242
610,915
577,281

Other than the freehold property at 27-37 South Road, all the charity's assets are used for charitable purposes. In respect of the property, the charity leases the second floor to an NHS trust and as a result the property has a mixed use. The property has been accounted for in full within tangible fixed assets due to the charity not being able to reliably measure the fair value of the investment property element.

15 Fixed asset investments

Unlisted
investments
£
Cost or valuation
At 1 April 2021 & 31 March 2022 1
Carrying amount
At 31 March 2022 1
At 31 March 2021 1

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

15 Fixed asset investments

(Continued)

Fixed asset investments not carried at market value

Sefton Training and Enterprise Projects Limited is a limited company registered in England and Wales, company number 05931326. The registered office is 27-37 South Road, Waterloo, L22 5PE. The subsidiary is wholly owned by the charity and is currently dormant.

The subsidiary has been included in the accounts at the original cost of the share capital acquired and there are no net assets.

Learning Well Agency is a company, limited by guarantee, registered in England and Wales, company number 9812139. The registered office is 27-37 South Road, Waterloo, L22 5PE. The subsidiary is wholly owned by the charity by virtue of it being the only member. It has been dormant from incorporation on 6 October 2015 to the charity's year end.

The subsidiary has been included in the accounts at £nil cost.

16 Financial instruments

Carrying amount of financial assets
Debt instruments measured at amortised cost
Equity instruments measured at cost less impairment
Carrying amount of financial liabilities
Measured at amortised cost
17
Stocks
Raw materials and consumables
18
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 2022
£
986,484
1
148,323
2022
£
2,139
2022
£
48,180
1,136
931
50,247		 2021
£
788,996
1
109,907
2021
£
1,319
2021
£
18,623
597
8,869
28,089

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

19
Creditors: amounts falling due within one year
Notes
Deferred income
20
Trade creditors
Accruals
20
Deferred income
Other deferred income
Deferred income is included in the financial statements as follows:
Total deferred income at 1 April 2021
Amounts received in year
Amounts credited to statement of financial activities
Total deferred income at 31 March 2022		 2022
£
48,788
74,608
73,715
197,111
2022
£
48,788		 2021
£
60,739
72,368
37,539
170,646
2021
£
60,739
2021
£
35,440
60,739
(35,440)
60,739
2022
£
60,739
48,788
(60,739)
48,788

Included within deferred income are receipts which have been received in advance of project and grant period start dates and are due to be utilised during the 2022/23 financial period.

21 Amounts held on behalf of third parties

The charitable company holds funds as agent totalling £218,647 (2021: £107,674), in a bank account operated by the charitable company, which is payable to third parties. The bank balance and an equivalent amount payable to third parties are excluded from these accounts.

Balance at 1
April 2021
£
Personal Health Budget Support Service
107,674
Formby Hub
-
Friends of Deansgate
-
Total
107,674		 Received
Paid out
Balance at 31
March 2022
£
£
£
2,642,211
(2,543,233)
206,652
12,531
(1,420)
11,111
884
-
884
2,655,626
(2,544,653)
218,647

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

21 Amounts held on behalf of third parties

(Continued)

The Personal Health Budget Support Service (PHBSS) at Sefton Carers Centre is to give people with long term health conditions and disabilities the opportunity to manage their own health budget.

Sefton Carers Centre provide provide administrative support to Formby Hub as a local network partner and to Friends of Deansgate to bid for grant funding, to support environmental and mental health wellbeing.

22 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2022 2021
£ £
Aggregate compensation 239,441 204,494

There were no other related party transactions in the year.

No guarantees have been given or received.

Restricted funds The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: Movement in funds
Movement in funds		 Balance at
Income
Expenditure
Transfers
Balance at
Income
Expenditure
Transfers
Balance at		 1 April 2020
1 April 2021
31 March 2022		 £
£
£
£
£
£
£
£
£		 NHS & Sefton MBC (Carers' Support)
36,437
279,404
(296,258)
-
19,583
275,909
(285,112)
-
10,380		 Sefton MBC (Direct payments)
42,581
343,950
(299,277)
-
87,254
344,046
(278,820)
(21,519)
130,961		 NHS (Autism project)
2,919
-
-
(2,919)
-
-
-
-
-		 Carers Trust (Inspiring change fund)
-
-
-
-
-
5,755
(5,755)
-
-		 The Lottery Community Fund (Young Carers)
-
-
-
-
-
17,864
(17,864)
-
-		 Living Well Partnership (Social Prescribing)
3,872
25,615
(29,487)
-
-
-
-
-
-		 Sefton CVS (Living Well)
9,989
34,960
(33,098)
-
11,851
34,960
(33,285)
-
13,526		 Sefton MBC (Communities in Transition Fund)
-
8,384
(8,384)
-
-
-
-
-
-		 Legacy income (Training Costs)
-
-
-
-
-
10,000
-
-
10,000		 Fixed asset contribution
-
-
-
-
-
30,000
-
(30,000)
-		 Other funds
-
899
(899)
-
-
2,953
(2,953)
-
-		 Fixed asset contribution
-
1,694
(1,694)
-
-
-
-
-
-		 Young Carers fundraising
-
954
(954)
-
-
-
-
-
-		 Steve Morgan Foundation (Young Carers)
-
25,925
(25,925)
-
-
10,500
(10,500)
-
-		 National Autistic Service (Autism project)
-
500
(500)
-
-
-
-
-
-		 Sefton MBC (Covid shopping project)
-
15,000
(15,000)
-
-
-
-
-
-		 Sefton Carers' Trust (Young Carers)
-
5,000
(5,000)
-
-
-
-
-
-
23
Restricted funds
(Continued)		 National Lottery Community Fund (Covid 19 funding)
-
6,314
(6,314)
-
-
-
-
-
-		 Carers' Trust (Active older project)
-
12,251
(12,251)
-
-
26,371
(26,371)
-
-		 Sefton MBC (COVID 19 Funding)
-
30,000
(29,749)
(251)
-
52,686
(14,369)
-
38,317		 NHS (COVID 19 Funding)
-
12,252
(12,252)
-
-
-
-
-
-		 95,798
803,102
(777,042)
(3,170)
118,688
811,044
(675,029)
(51,519)
203,184		 The Carer Support team provides information, emotional support and advocacy to adult carers. The Team undertakes carers assessments, and based on the outcomes of the assessment, provide the carer with the most appropriate support to meet their identified needs. The Direct Payments scheme assists the cared for to meet their agreed support plan, which can be via the employment of personal assistants to meet their need. The team provide assistance with management, recruitment and payroll. The service also incorporates the provision of direct payments for carer assessment outcomes. Living well is a partnership agreement with Sefton CVS with the aim of providing an integrated wellness service in the community with staff supporting carers and their families to improve wellbeing and resilience. The pecuniary legacy from the late Doreen Smith, to be utilised to increase funds available for training and other activities for Carers, in accordance with Doreen’s wishes. Sefton MBC has provided funding throughout the pandemic to support the Centre to remain operational, enabling the purchase of PPE and disinfectant sprays, building structural change to provide physical protection for staff, volunteers and visitors, mailshot communications to carers, resources to support training and counselling to be delivered virtually and to assist with the increased demand for carers support as the sector starts recovery from the pandemic
23

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

24
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2022
2022
£
£
Fund balances at 31
March 2022 are
represented by:
Tangible assets
610,915
-
Investments
1
-
Current assets/(liabilities)
589,257
203,184
1,200,173
203,184		 Total
Unrestricted
funds
2022
2021
£
£
610,915
577,281
1
1
792,441
509,850
1,403,357
1,087,132		 Restricted
funds
2021
£
-
-
118,688
118,688		 Total
2021
£
577,281
1
628,538
1,205,820

25 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Balance at
1 April 2020
Expenditure
£
£
Short Term
63,500
-
Long Term
44,000
-
Opportunistic
90,000
-
Building and
Equipment
Renewal
69,000
-
Fixed Asset
Reserve
606,678
(29,397)
Covid19
Contingency
45,000
(19,360)
Staff
Retention
-
-
918,178
(48,757)		 Transfers
Balance at
1 April 2021
Expenditure
£
£
£
-
63,500
-
-
44,000
-
-
90,000
-
90,000
159,000
-
-
577,281
(29,083)
-
25,640
-
-
-
-
90,000
959,421
(29,083)		 Transfers
31
£
35,550
2,450
25,640
(32,716)
62,716
(25,640)
64,050
132,050		 Balance at
March 2022
£
99,050
46,450
115,640
126,284
610,914
-
64,050
1,062,388

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

25 Designated funds

(Continued)

Following a review by Sefton Carers, the Board have revised the designated funds to reflect the current operational requirements and circumstances facing the charity.

The contingency reserves policy to be based on the following principles:

An annual review of contingency reserves is to be undertaken to determine whether the funding levels need to be amended due to evolving operational circumstances. Trustees also receive information on the utilisation of reserves as part of the budget monitoring process throughout the year, to enable any mid-year decisions to be taken, if deemed necessary.

26 Operating lease commitments Lessor

The operating leases represent leases of property to third parties. There are no options in place for either party to extend the lease terms.

At the reporting end date the charity had contracted with tenants for the following minimum lease payments:

Within one year
Between two and five years		 2022
£
20,000
-
20,000		 2021
£
23,000
20,000
43,000

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

27
Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase) in stocks
(Increase)/decrease in debtors
Increase in creditors
(Decrease)/increase in deferred income
Cash generated from operations
28
Company limited by guarantee		 2022
£
197,537
(1,471)
29,083
(820)
(22,158)
38,416
(11,951)
228,636		 2021
£
67,172
(1,205)
29,397
(820)
102,093
38,344
24,807
259,788

Sefton Carers Centre is incorporated under the Companies Act as a company limited by guarantee. The liability of the members is limited to £10.