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← Sefton Carers Centre

2025-03-31-accounts

Charity Registration No. 1050808

Company Registration No. 03124430 (England and Wales)

SEFTON CARERS CENTRE

COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr M Kundi MBE - Chair
Mrs P W Coventry
Mr A M Bridson
Mr D A McCullough
Ms S Rimmer
Ms J C McMillan
Mr P Howard (Appointed 31 May 2024)
Ms K M Newton (Appointed 12 March 2025)
Mr K Bartram-Paddan (Appointed 19 June 2025)
Senior management team
Mrs V Keeley
Mrs K Spurling
Mr P Blundell
Mrs C Johnston
Mrs K Thomas
Ms R Darvill
Mr A Deacon
Mrs H Vernon
Ms H Cater
Secretary Mrs V Keeley
Charity number 1050808
Company number 03124430
Principal address 27-37 South Road
Waterloo
Liverpool
L22 5PE
Registered office 27-37 South Road
Waterloo
Liverpool
L22 5PE
Auditor Mitchell Charlesworth (Audit) Limited
Suites C,D,E, & F
14th Floor The Plaza
100 Old Hall Street
Liverpool
L3 9QJ
Solicitors Brabners LLP
Horton House
Exchange Flags
Liverpool
L2 3YL

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION

Insurers

Q Underwriting Rossington's Business Park West Carr Road Retfird Nottinghamshire DN22 7SQ

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE CONTENTS

Page
Chairman's statement 1 - 2
Trustees' report 3 - 9
Statement of trustees' responsibilities 10
Independent auditor's report 11 - 14
Statement of financial activities 15 - 16
Balance sheet 17
Statement of cash flows 18
Notes to the financial statements 19 - 39

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE CHAIRMAN'S STATEMENT

FOR THE YEAR ENDED 31 MARCH 2025

Introduction

The last year has been very special for Sefton Carers Centre as we celebrated our 30 Anniversary with a visit from the Carers Trust, President, HRH The Princess Royal. 30 years ago, we were privileged by HRH The Princess Royal who opened the Centre. To be honoured again 30 years on is a testament to the Trustees, Carers, Staff and Volunteers who have developed services for unpaid carers, enabled carers to have a voice locally and nationally and strived to ensure all carers of all ages are recognised.

We have also had our challenges in this year with a focus on carers in financial hardship as pressures grow with increasing costs of living, impacts on benefit reductions and overpayment demands of carers allowance. We have been working locally and nationally to raise awareness and highlighting the importance of keeping carers able and healthy to continue caring, whilst ensuring carers have choices and a voice in decision making. The development of the Sefton All Age Carers Strategy has been a success in recognising carers in Sefton with the development of an action plan to identify areas of need, actions, impact and change, which ensures accountability across the local authority, health, education and ourselves.

Our key activities & developments

New unpaid carers legislation

Following a successful national partnership campaign, the Carer's Leave Act 2023 came into force on 6 April 2024, providing all carers in employment with a new statutory right to take 5 days of unpaid leave from work each year to fulfil caring responsibilities.

CQC Inspection

The Care Quality Commission (CQC) are now required to inspect local authorities under their duties of part 1 of the Care Act 2014 which includes statutory duties to unpaid carers and support given. Sefton Carers Centre provided detailed information and support to Sefton Council, Adult Social Care to prepare for their first CQC Inspection and supported the live inspection in summer 2024. The final report is due to be published in June 25. We will look to identify lessons learnt and recommendations to support the development of services for unpaid carers in Sefton.

New Website & Marketing

Our website is at the heart of our communication strategy and is a key tool in promoting services, information, both locally and nationally and enabling direct contact. Our previous website lacked the ability to perform well on mobile phones and was restrictive with only downloadable forms. With co production from carers of all ages we have developed and launched a new interactive website which will enable growth and development of access to information, services and support at anytime. We have developed key information and literature for health professionals with a focus on GP practice including QR codes to increase unpaid carers with access to our services.

AI investment

As an organisation we embrace change which is supportive to our mission. The sudden impact of technology in AI has been vast and we have, with diligence, identified and developed new ways of supporting carers with AI. Although still in its infancy we are already seeing the benefits which has enabled our staff to focus more on the carer and reduce impact of administration. This is an area we look forward to developing whilst keeping the carer at the heart of our support.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

National Carers Week

This year we went out on the road taking the Carers Centre as a “pop up” to ASDA at Southport, Aintree and Bootle to highlight and identify hidden carers and provide information, advice and guidance on carers rights. We also hosted events for Parent Carers to discuss services provided by CAMHS and we supported an event at Jaguar Land Rover to provide advice and support to any of their staff who may also be carers.

Volunteer Celebration Event

We have again been honoured with attendance by the High Sheriff of Merseyside, Professor John Mohin, OBE DL, at our annual Thank You event. The High Sheriff kindly presented certificates to our 65 volunteers. Volunteers are vital to Sefton Carers Centre, and they are pivotal to our service provision and centre management. This year our volunteers provided over 4000 hours of support which are humbly, very grateful.

Carers Smart

Carers Trust have launched Carers Smart which is a discount card but also provides legal and IT support. The service is free to carers who are registered with a network partner of the Trust. We are promoting this new opportunity via our website, newsletters and welcome information packs.

Personal Health Budgets

A service we have been providing for a number of years in Sefton to enable people to have choice and control in the management of their care needs. The service has been highlighted as best practice nationally. We have now expanded the project to support people in Liverpool. The service is now Sefton & Liverpool Personal Health Budgets.

My fellow trustees and I would like to thank our staff, volunteers and the carers who have given their time to support co-production. We thank them for their continued dedication in supporting unpaid carers in Sefton. I would also like to thank all our funders for their support and commitment.

The Year Ahead

The Carers Centre has been through a procurement process, for its All-Age Carers and Direct Payments Services, with tenders submitted in June 2025. Excellent news has been received recently, revealing the Centre has been successful in the award of both contracts. This will secure our services for the next five years and provide us with the stability of a long-term contract, which puts us in a very strong position for development and growth. I would like to thank the Chief Executive and all staff and others involved, for their hard work during this process, culminating in this successful outcome.

The Carers Centre has also retained its ISO 9001 certificate, for a further year, so displaying continued quality management systems in relation to the provision of support services to Carers. In addition, the Centre has also been accredited with the Fair Employment Charter from the Liverpool City Region, recognising good quality and effective practise in fair employment. Further, the Centre has gained a Social Value Quality Mark Award - Bronze, from Cheshire and Merseyside Health and Social Care Partnership, demonstrating the organisation’s commitment to creating social value.

I am also honoured, thrilled and humbled to have been awarded with an MBE in recognition of achievements and services to Sefton Carers Centre. The honour has been bestowed as part of the King’s official birthday celebrations this year. In accepting the MBE, I do so on behalf of the unsung heroes that are the unpaid carers in Sefton and across the UK, and the staff that work extremely hard, to provide support and services, to enable carers to care.

Mo Kundi MBE

Chairman

Date: 16 October 2025

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their report and financial statements for the year ended 31 March 2025.

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 reviewed 2024.

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 2025

Our values

Our values are very important to us, they have guided our decision making over the past 30 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 in the new development of the ICB for Merseyside and Cheshire, Sefton Place.

As a Service Provider - Adult Carers , we are commissioned by Sefton Council, ICB for Merseyside and Cheshire, Sefton Place 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, 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, 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 and transition support for young carers and young adult carers aged 18 to 25 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 ICB 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 in 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 2025

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.

Financial review

For 2024/25 financial year, there is a net surplus final position generated from both interest income, with the Centre benefitting from the prevailing high interest rates throughout the year and also income generated by both a longer-term room hire agreement and other routine weekly room rentals. This additional income, together with some staff vacancy savings and other general savings across premises and supplies budgets, enabled a favourable financial position at the end of 2024/25.

During the year, following an uplift from the Council for the first time in many years, staff were awarded a pay increase, assisting with staff retention at the Centre. The Council also agreed part year funding for two additional Carer Assessor posts, increasing the capacity of the team, to help deal with increasing service demand. Also, funds were received, via the Council, from the Accelerated Reform Fund, to deliver carer breaks and to offer unpaid carers more choice and control in the support they receive.

The Centre continued to seek other additional external funds to complement existing services. A lottery award was received from Sports England to pay for sports coaching and equipment for carers. The Community Foundation for Merseyside, Sports 23 project, awarded a grant to enable the provision of sports sessions for Young Carers across Sefton. Living Well Sefton has provided a one-off grant to support parent carer activities. Sefton CVS awarded a heritage grant to support carers to engage in local heritage and a share of funding from the Lottery Heritage fund, via the Council’s Southport Townscape Heritage Project, enabled carers’ involvement in a project on Scarisbrick Avenue, Southport. Merseyside NHS Foundation Trust, with Sefton CVS as the lead organisation, provided one year funding starting in the later part of 2024/25, to support any identified carers of people with a severe or functional Mental Health illness.

As scheduled, funding from the Energy Savings Trust, Energy Redress scheme ended during the financial year, as did Triangle Trust Funding for a Young Carers Transitions post.

Looking ahead to 2025/26, the Centre’s operation continues to be reliant on funding mainly from Sefton Council. The economic environment for the sector continues to remain challenging with pressures on both health and social care budgets, locally and nationally.

The budget for 2025/26 was considered by Trustees in February 2025 and subsequently finalised in May 2025. The increase in employer national contributions, from April 2025, has caused significant pressure on the Centre’s budget. The Centre is also a Real Living Wage employer and the increase in those rates together with general inflationary pressures on all other running costs has meant the budget had to be very carefully reviewed for this financial year.

The Council had only agreed six months funding for 2025/26 financial year, while a procurement process was undertaken, for the Council’s All-Age Carer Services and for Direct Payment services, meaning the Centre experiencing a period of relative uncertainty. The Centre put in a bid for both contracts and recently the Centre has been advised that both tenders have been successful. This means the Centre can now plan beyond September for these services, with security of services for the next five years. It is the first time in many years that the Centre will have some financial stability in the longer term, which will enable financial planning beyond annual reviews.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

The contract for Living Well services remains operational until March 2026.The Personal Health budget support service contract has been extended to March 2027 with additional funding for the increased Sefton caseload and for the newly acquired Liverpool caseload.

Again, as in previous years, the Centre continues to seek other external funding. So far, for 2025/26, a grant from the Tesco Stronger Starts programme, will enable the provision of self-care packages for registered Young Carers. An award, via Sefton CVS, from the Southport Recovery Fund will be utilised to enable respite, to young cares, in their caring role.

The budget will continue to require careful monitoring during the year, to ensure early identification of any pressures, to enable timely decisions to be made where appropriate. Trustees have set aside reserves, as outlined below, acknowledging potential financial risks and taking account of the procurement process 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 set aside funds of £220,400. £29,150 is required to maintain the short-term reserve, representing 4 weeks of operating costs. To maintain the long-term reserve, at 5% of staffing costs, an additional £14,250 is required. Due to the current uncertainty around Council contracts £138,000 has been added to the staff retention reserve. A sum of £10,000 has been set aside to assist with legal costs for contract bids and £29,000 has been added to the building and equipment reserve.

Designated funds at the end of the year total £1,427,872 including the fixed asset reserve of £531,952 (2024 £1,280,868 with fixed asset reserve £555,053).

Free resources available, following the review of reserves undertaken as outlined above, are £176,662 (2024 £165,830).

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

Organisation Structure 2024 to 2025

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

Performance Summary 2024 to 2025

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

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 MBE - Chair Mrs P W Coventry Mr A M Bridson Mr D A McCullough Ms S Rimmer Ms J C McMillan Mr P Howard (Appointed 31 May 2024) Ms K M Newton (Appointed 12 March 2025) Mr K Bartram-Paddan (Appointed 19 June 2025)

Board members are recruited and retained as per the Centre’s Articles of Association and meeting notes are recorded. Good governance enables the charity’s compliance with relevant legislation and regulations so promoting a culture where everything works towards fulfilling the charity’s vision. As part of the Centre’s selfreflection, a review is undertaken against the seven principles of the Charity Governance Code. As part of this code, in Section 5.7.3, it is a requirement to inform, via the Centre’s annual report that three Trustees have provided over nine years of service to Sefton Carers Centre. These three Trustees hold vital roles and the Board have unanimously re-elected their services, due to their extensive experience, knowledge and skills which are invaluable to the organisation.

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

Auditor

In accordance with the company's articles, a resolution proposing that Mitchell Charlesworth (Audit) Limited be reappointed as auditor of the company 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.

Mr M Kundi MBE - Chair

Trustee Dated: 16 October 2025

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

FOR THE YEAR ENDED 31 MARCH 2025

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 2025 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).

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 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.

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

Opinions on other matters prescribed by the Companies Act 2006

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

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.

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.

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

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:

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.

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

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 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.

Anita Mason BA (Hons) BFP FCA (Senior Statutory Auditor)

For and on behalf of Mitchell Charlesworth (Audit) Limited, Statutory Auditor Accountants

Suites C,D,E, & F 14th Floor The Plaza 100 Old Hall Street Liverpool L3 9QJ 27 October 2025

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

FOR THE YEAR ENDED 31 MARCH 2025

Current financial year

Unrestricted Restricted Restricted Total Total
funds funds
2025 2025 2025 2024
Notes £ £ £ £
Income from:
Donations and legacies 3 4,327 - 4,327 3,147
Charitable activities 4 843,054 1,240,071 2,083,125 1,602,504
Investments 5 74,298 - 74,298 62,028
Total income 921,679 1,240,071 2,161,750 1,667,679
Expenditure on:
Raising funds 6 1,285 - 1,285 1,195
Charitable activities 7 743,516 1,112,222 1,855,738 1,491,494
Total expenditure 744,801 1,112,222 1,857,023 1,492,689
Net incoming resources before transfers 176,878 127,849 304,727 174,990
Gross transfers between funds 14 (19,042) 19,042 - -
Net income for the year/
Net movement in funds 157,836 146,891 304,727 174,990
Fund balances at 1 April 2024 1,446,698 92,388 1,539,086 1,364,096
Fund balances at 31 March 2025 1,604,534 239,279 1,843,813 1,539,086

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 2025

Prior financial year

Unrestricted Restricted Total
funds funds
2024 2024 2024
Notes £ £ £
Income from:
Donations and legacies 3 3,147 - 3,147
Charitable activities 4 653,797 948,707 1,602,504
Investments 5 62,028 - 62,028
Total income 718,972 948,707 1,667,679
Expenditure on:
Raising funds 6 1,195 - 1,195
Charitable activities 7 527,102 964,392 1,491,494
Total expenditure 528,297 964,392 1,492,689
Net incoming resources before transfers 190,675 (15,685) 174,990
Gross transfers between funds 14 47,357 (47,357) -
Net income for the year/
Net movement in funds 238,032 (63,042) 174,990
Fund balances at 1 April 2023 1,208,666 155,430 1,364,096
Fund balances at 31 March 2024 1,446,698 92,388 1,539,086

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 15 531,953 555,054
Investments 16 1 1
Total fixed assets 531,954 555,055
Current assets
Stocks 17 2,788 1,541
Debtors 19 37,953 134,098
Cash at bank and in hand 1,354,934 955,071
1,395,675 1,090,710
Liabilities
Creditors: amounts falling due within one 20
year (83,816) (106,679)
Net current assets 1,311,859 984,031
Total assets less current liabilities 1,843,813 1,539,086
The funds of the charity
Restricted funds 24 239,279 92,388
Unrestricted funds-general
Designated funds 26 1,427,872 1,280,868
General unrestricted funds 176,662 165,830
Total unrestricted funds 1,604,534 1,446,698
Total charity funds 1,843,813 1,539,086
The accounts were approved by the Trustees on 16 October 2025
Mr M Kundi MBE - Chair Mr A M Bridson
Trustee Trustee
Company Registration No. 03124430

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
Notes £ £ £ £
Cash flows from operating activities
Cash generated from operations 28 325,565 76,117
Investing activities
Investment income received 74,298 62,028
Net cash generated from investing activities 74,298 62,028
Net cash generated from financing activities - -
Net increase in cash and cash equivalents 399,863 138,145
Cash and cash equivalents at beginning of year 955,071 816,926
Cash and cash equivalents at end of year 1,354,934 955,071

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

FOR THE YEAR ENDED 31 MARCH 2025

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 financial statements, 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 financial statements.

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 or grantors 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 2025

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 2025

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 2025

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.

Deferred Income

A provision is based on the timing of differences for income received and earned. If income has been received relating to work performed in subsequent periods then amounts will be deferred.

3 Donations and legacies

**Unrestricted ** Unrestricted
funds funds
general general
2025 2024
£ £
Donations and gifts 4,327 3,147

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

4 Charitable activities

Welfare & Advice & Total Welfare & Advice & Total
provision
Information		 2025 provision
Information		 2024
services services services services
2025 2025 2024 2024
£ £ £ £ £ £
Services provided
under contract 1,238,095 415,487 1,653,582 1,019,920 351,408 1,371,328
Performance related
grants 231,226 107,086 338,312 36,301 117,978 154,279
Ancillary trading income 74,218 - 74,218 69,582 - 69,582
Other income 17,013 - 17,013 7,295 20 7,315
1,560,552 522,573 2,083,125 1,133,098 469,406 1,602,504
Analysis by fund
Unrestricted funds -
general 843,054 - 843,054 653,797 - 653,797
Restricted funds 717,498 522,573 1,240,071 479,301 469,406 948,707
1,560,552 522,573 2,083,125 1,133,098 469,406 1,602,504

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

4 Charitable activities

(Continued)

Welfare & Welfare & Advice &
Total		 Welfare & Advice &
Total
provision
Information
2025		 provision
Information
2024
services services services services
2025 2025 2024 2024
£ £ £ £ £ £
Performance related grants
Sefton CVS LWS Parent
Carers - 1,800 1,800 - - -
Asda (Winter packs) - - - - 400 400
Carer Support Liaison
Officer (Burbobank
Community Fund) - - - - 16,603 16,603
Carers Trust - - - 7,876 - 7,876
Sefton CVS - - - 2,052 - 2,052
Triangle Trust 27,976 - 27,976 26,373 - 26,373
Accelerated Reform Grant 190,610 - 190,610 - - -
Sports England Movement
Fund 7,171 - 7,171 - - -
SMBC Southport Carers
Community National
Lottery Heritage Fund 1,000 - 1,000 - - -
Sefton CVS Thrive Grant 483 - 483 - - -
Carers Trust Young Carers
Action Day 25 750 - 750 - - -
Young Carers Sports
Funding 23 Foundation 1,386 - 1,386 - - -
Digital Connectivity (Vola) - - - - 2,370 2,370
Sefton CVS Mental Health
Transformation - 3,898 3,898 - - -
Sefton CVS Heritage
Hearts of Gold 1,850 - 1,850 - - -
Training Grant (LWS) - - - - 1,580 1,580
Energy Redress - 101,388 101,388 - 97,025 97,025
231,226 107,086 338,312 36,301 117,978 154,279

5 Income from investments

Interest receivable

Unrestricted Unrestricted
funds funds
2025 2024
£ £
74,298 62,028

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Raising funds

Unrestricted Unrestricted
funds funds
general general
2025 2024
£ £
Fundraising and publicity
Staff costs 1,285 1,195
1,285 1,195

7 Charitable activities

Welfare & Advice & Total Welfare & Advice & Total
provision
Information		 2025 provision
Information		 2024
services services services services
2025 2025 2024 2024
£ £ £ £ £ £
Staff costs 583,383 421,402 1,004,785 432,719 395,777 828,496
Premises costs 28,646 20,658 49,304 16,008 16,118 32,126
Supplies and services 214,647 85,425 300,072 188,168 51,617 239,785
826,676 527,485 1,354,161 636,895 463,512 1,100,407
Share of support costs (see
note 8) 378,879 37,174 416,053 294,994 21,846 316,840
Share of governance costs
(see note 8) 85,524 - 85,524 74,247 - 74,247
1,291,079 564,659 1,855,738 1,006,136 485,358 1,491,494
Analysis by fund
Unrestricted funds -
general 743,516 - 743,516 527,102 - 527,102
Restricted funds 547,563 564,659 1,112,222 479,034 485,358 964,392
1,291,079 564,659 1,855,738 1,006,136 485,358 1,491,494

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

FOR THE YEAR ENDED 31 MARCH 2025

8 Support costs allocated to activities

Total Total
2025 2024
£ £
Staff costs 228,735 192,085
Depreciation 23,101 23,101
Supplies and services 119,672 70,501
Other staff costs 44,545 31,153
Governance 85,524 74,247
501,577 391,087
2025 2024
Governance costs comprise: £ £
Staff costs 77,184 66,387
Audit fees 4,587 4,323
Accountancy 3,753 3,537
85,524 74,247
9 Auditor's remuneration
Fees payable to the charity's auditor and associates: 2025 2024
£ £
For audit services
Audit of the financial statements of the charity 4,587 4,323
For other services
All other non-audit services 3,753 3,537

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

10 Employees

Number of employees

The average monthly number of employees during the year was:

Number of employees
The average monthly number of employees during the year was:
2025 2024
Number Number
Advice and advocacy services 14 15
Welfare and respite services 18 17
Training and information services 2 1
Management and administration 10 10
44 43
Employment costs 2025 2024
£ £
Wages and salaries 1,137,470 939,323
Social security costs (NI contributions) 88,111 72,615
Other pension costs 86,408 76,225
1,311,989 1,088,163

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

11 Retirement benefit schemes
2025 2024
Defined contribution schemes £ £
Charge to profit or loss in respect of defined contribution schemes 86,408 76,225

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.

12 Trustees

None of the trustees (or any persons connected with them) received fees or remuneration during the year (2024: none). No trustees received expenses during the year (2024: none).

13 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

14 Transfers

The transfers between unrestricted to restricted funds in the current year are to due to an over spend in several restricted projects. This overspend has been met by surplus general unrestricted funds.

The transfers between restricted and unrestricted funds in the current year are partly due to a reallocation of project funds following agreement with the grant provider. As a result the balance of funds have been released to unrestricted.

15 Tangible fixed assets

Tangible fixed assets
Freehold Fixtures, Total
property fittings &
equipment
£ £ £
Cost
At 1 April 2024 1,053,451 145,706 1,199,157
At 31 March 2025 1,053,451 145,706 1,199,157
Depreciation and impairment
At 1 April 2024 548,570 95,533 644,103
Depreciation charged in the year 16,829 6,272 23,101
At 31 March 2025 565,399 101,805 667,204
Carrying amount
At 31 March 2025 488,052 43,901 531,953
At 31 March 2024 504,881 50,173 555,054

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.

16 Fixed asset investments

Unlisted
investments
£
Cost or valuation
At 1 April 2024 & 31 March 2025 1
Carrying amount
At 31 March 2025 1
At 31 March 2024 1

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

16 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.

17 Stocks
2025 2024
£ £
Raw materials and consumables 2,788 1,541
18 Financial instruments
2025 2024
£ £
Carrying amount of financial assets
Debt instruments measured at amortised cost 1,386,943 1,083,994
Equity instruments measured at cost less impairment 1 1
Carrying amount of financial liabilities
Measured at amortised cost 48,620 50,621
19 Debtors
2025 2024
Amounts falling due within one year: £ £
Trade debtors 15,595 102,649
Other debtors 16,414 26,276
Prepayments and accrued income 5,944 5,173
37,953 134,098

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

FOR THE YEAR ENDED 31 MARCH 2025

20 Creditors: amounts falling due within one year
2025 2024
Notes £ £
Deferred income 21 35,196 56,058
Trade creditors 11,305 9,627
Accruals 37,315 40,994
83,816 106,679
21 Deferred income
2025 2024
£ £
Other deferred income 35,196 56,058
Deferred income is included in the financial statements as follows:
2025 2024
£ £
Total deferred income at 1 April 2024 56,058 40,026
Amounts received in year 35,196 56,058
Amounts credited to statement of financial activities (56,058) (40,026)
Total deferred income at 31 March 2025 35,196 56,058

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 2025/26 financial period.

SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

22 Amounts held on behalf of third parties

The charitable company holds funds as agent totalling £625,617 (2024: £600,291), 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 Balance at 31 Balance at 31
April 2024 Received Paid out March 2025
£ £ £ £
Personal Health Budget Support Service 582,228 7,959,782 (7,926,870) 615,140
Formby Hub 9,386 6,344 (6,137) 9,593
Friends of Deansgate 884 - - 884
Ukraine - 7,405 (7,405) -
NHS-Hospital Discharge 7,793 - (7,793) -
Afghan - 4,000 (4,000) -
Total 600,291 7,977,531 (7,952,205) 625,617

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. The service is funded by the NHS Cheshire and Merseyside Integrated Care Board.

Sefton Carers Centre 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 well-being.

For identified Ukraine and Afghan guests, Sefton Carers Centre utilises a Post Office QR code process, to

administer £200 subsistence payments, funded by Sefton Council.

Sefton Carers Centre provide use of prepaid cards for one off payments to support for families and carers which enables them to provide care and support to a patient returning to their own home whilst recovering and recuperating. Funded by NHS.

23 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2025 2024
£ £
Aggregate compensation 396,094 327,997

There were no other related party transactions in the year.

No guarantees have been given or received.

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SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

25 Analysis of net assets between funds Analysis of net assets between funds
Unrestricted
Restricted
Total		 Unrestricted
Restricted
Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Fund balances at 31
March 2025 are
represented by:
Tangible assets
531,953		 - 531,953 555,054 - 555,054
Investments
1		 - 1 1 - 1
Current assets/(liabilities)
1,072,580		 239,279 1,311,859 891,643 92,388 984,031
1,604,534 239,279 1,843,813 1,446,698 92,388 1,539,086

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SEFTON CARERS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

27 Operating lease commitments

Lessor

The operating leases represent leases of property to third parties up to the contract break date. This is set out in the lease agreement, with the lessee having an option of an additional year. This additional year has not been provided due to the uncertainty whether this will be exercised.

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

2025 2024
£ £
Within one year 64,000 60,000
28 Cash generated from operations 2025 2024
£ £
Surplus for the year 304,727 174,990
Adjustments for:
Investment income recognised in statement of financial activities (74,298) (62,028)
Depreciation and impairment of tangible fixed assets 23,101 23,101
Movements in working capital:
(Increase)/decrease in stocks (1,247) 54
Decrease/(increase) in debtors 96,145 (68,402)
(Decrease) in creditors (2,001) (7,630)
(Decrease)/increase in deferred income (20,862) 16,032
Cash generated from operations 325,565 76,117

29 Company limited by guarantee

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