2021-03-31-accounts - Redbridge Carers Support Service

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

						Pages
Trustees' annual report (incorporating			the	director's	report)	1to16
Independent auditor's	report to	the members				17to 20
Statement offinancial	activities	(including		income and
expenditure account)
Statement offinancial	position					22
Statement ofcash flows						23
Notes to the financial	statements					24to 33

Reference	and administrative	and administrative	and administrative	details
Registered	charity	name
				Redbridge Carers Support Service
Charity registration		number		1057505
Company	registration		number	02959566
Principal office and		registered		12Clements Court
oNce				Clements Lane
				llford
				Essex
				IG1 2QY
The trustees
				Debra Hastings-Henry	(Chair)
				Bushra Tahir (Vice Chair)
				Nichols Hurst (Treasurer)
				Antony Sobers
				Barry Bates
				Harbans Singh Chahal
				Madelaine Baker
				Dr Sudarshan Kapur
Company	secretary			Glynis Donovan
Auditor				Lesser &Co. Ltd
				Chartered Accountants	&Senior Statutory	Auditor
				147Station Road
				North Chingford
				London
				E46AG
Bankers				CafBank Ltd
				25 Kings Hill Avenue
				West Mailing
				Kent ME194JQ
				HSBC
				126 High Road
				liford
				Essex IG1 1DA

	Ye	ar end	ed 31 March	2021
				2021		2020
			Unrestricted	Restricted
		Note	funds	funds	Total funds f	Total funds
Income and endowments
Donations and parking income Charitable activities		5 6	2,186 236,676	307,505	2,186 544,181	7,915 484,085
Investment income		7	3,509		3,509	3,135
Total income			242,371	307,505	549,876	495,135
Expenditure Expenditure on charitable	activities	8,9	273,688	242,046	515,734	515,803
Total expenditure			273,688	242,046	515,734	515,803
Net Income/(expenditure) movement in funds	and net		(31,317)	65,458	34,142	(20,668)
Reconciliation offunds
Total funds brought forward			234,262	81,283	315,545	336,213
Total funds carried forward			202,945	146,742	349,687	315,545

			2021		2020
		Note
Fixed assets
Tangible fixed assets		14		4,731	2,748
Current assets
Debtors		15	17,008		15,727
Cash at bank and in	hand		353,237		313,921
			370,245
Cntdltont: amounts	falling due within one-year	16	25,26$		18851—
Net current assets				344,$56	312,797
Total assets less current liabilities				34$,687	315,545
ket assets				34$,687	315,545
Funds ofthe charity
Restricted funds				146,742	81,283
Unrestricted funds				202,$45	234,262
Total charity funds		18		34$,687	315,545

Year en	ded 31 INarch 2021
		2021	2020
			F
Cash flows from operating activities Net income/(expenditure)		34,142	(20,668)
Adjustments for. Depreciation oftangible fixed assets Other interest receivable and similar income		4,355 (3,509)	6,291 (3,135)
Interest payable and similar charges Accrued expenses/(income)		140 8,438	124 (4,177)
Changesin: Trade and other debtors		(1,281)	(3,778)
Cash generated from operations		42,285	(25,343)
Interest paid Interest received		(140) 3,509	(124) 3,135
Net cash from/(used in) operating activities		45,654	(22,332)
Cash flows from investing activities Purchase oftangible assets		(6,338)	(1,514)
Net cash used in investing activities		(6,338)	(1,514)
Net increase/(decrease) in cash and cash Cash and cash equivalents at beginning	equivalents ofyear	39,316 313,921	(23,846) 337,767
Cash and cash equivalents at end ofyear		353,237	313,921

Donations	and	parking	income
				Unrestricted	Total	Funds	Unrestricted	Total	Funds
				Funds		2021	Funds		2020
				F		R
Donations Donations	and and	parking parking	income income	2,186		2,186	7,915		7,915

6.	Charitable activities
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			F
	Local Authority Contracts &Grants - London Borough of Redbridge Specific Various Funds London Community Response - City Bridge Trust		236,676	7,032 12,126	236,676 7,032 12,126
	Charity ofSir Richard Whittington	(for which the
	Mercer's Company is Trustee), (Older Carers Connect)			48,736	48,736
	Young Adult Carers —The National Community Fund	Lottery		95,492	95,492
	Working for Carers Project - European Social Fund
	and the National Lottery Community Fund through Carers Trust			140,119	140,119
	Mulberry Trust			4,000	4,000
			236,676	307,505	544,181
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
					E
	Local Authority Contracts &Grants of Redbridge Active Older Carers Project - City	- London Borough Bridge Trust	240,677	11,600	240,677 11,600
	Young Adult Carers —The National Community Fund	Lottery		70,854	70,854
	Working for Carers Project - European Social Fund
	and the National Lottery Community Fund through Carers Trust			140,981	140,981
	Carers ofPeople with Dementia -	Ajahma Charitable
	Trust, Mulberry Trust, The Goidsmiths' Company Charity			19,e59	19,859
	Young Adult Carers - Funding from various small funds			114	114
			240,677	243,408	4e4,0e5
7.	Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
				F
	Bank interest receivable	3,509	3,509	3,135	3,135

Expenditure on charitable activities by f	und type
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	E
Employment and training costs Running costs Premises costs	209,690 14,939 37,984	207,763 30,433 2,286	417,452 45,372 40,270
Capital costs Support costs	3,581 7,494	774 790	4,355 8,285
	273,688	242,046	515,734
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
Employment and training costs Running costs Premises costs	195,653 28,512 29,328	191,387 42,239 2,549	387,039 70,751 31,877
Capital costs Support costs	4,484 9,428	1,808 10,415	6,292 19,844
	267,405	248,398	515,803

			Activities
			undertaken		Total funds	Total fund
			directly Support	costs	2021	2020
	Employment and training Running costs Premises costs	costs	417,452 45,372 40,270		417,452 45,372 40,270	387,039 70,751 31,877
	Capital costs Governance costs		4,355	8,285	4,355 8,285	6,292 19,844
			507,449	8,285	515,734	515,803
10.	Net income/(expenditure)
	Net income/(expenditure)	is stated after charging/(crediting):			2021	2020
	Depreciation oftangible	fixed assets			4,355	6,291
11.	Auditors remuneration
					2021	2020
	Fees payable for the audit ofthe financial		statements		6,960	4,800

Staff costs and emolu	ments
The total staff costs and	employee	benefits for the reporting	period	are analysed as	follows:
				2021	2020
Wages and salaries Social security costs Employer contributions	to pension	plans		378,334 30,237 8,881	348,354 32,253 6,432
				417,452	387,039

The average	The average	head count of employees	head count of employees	head count of employees	during	during	the year was 15(2020:	13).The	average	number
offull-time	equivalent		employees	during	the	year is analysed as follows:		2021		2020
								No.		No.
Provision	of	services	and support	(includes		part	time)		14	12
Management		and administration							1	1
									15	13

Tangible fixed assets
	Equipment		Total
	F
Cost
At 1 April 2020 Additions	72,261 6,338	.	72,261 6,338
At 31March 2021	78,599		78,599
Depreciation At 1 April 2020 Charge for the year	69,513 4,355		69,513 4,355
At 31 INarch 2021	73,868		73,868
Carrying amount At 31 INarch 2021	4,731		4,731
At 31 March 2020	2,748		2,748

15.	Debtors		Year ended 31 March 2021
				2021	2020
					F
	Prepayments Rent deposit Other debtors	and accrued income		12,430 3,000 1,578	10,594 3,000 2,133
				17,008	15,727
15.	Creditors: amounts		falling due within one year
				2021	2020
	Accruals and	deferred	income	25,289	16,851

		At			At
		1 April 2020	Income	Expenditure	31 INarch 2021
		E			E
General funds		144,262	242,371	(273,688)	112,945
Designated	Fund	90,000			90,000
		234,262	242,371	(273,688)	202,945
		At			At
		1 April 2019	Income	Expenditure	31 March 2020
			F		E
General funds		159,940	251,727	(267,405)	144,262
Designated	Fund	90,000			90,000
		249,940	251,727	(267,405)	234,262

Analysis of charitable funds (conf/nued)
Restricted funds
	At			At
	1 April 2020	Income f	Expenditure E	31 March 2021
Older Carers Projects —Funding from previous years	1,159		(1,159)
Working for Carers Project - European Social
Fund and The National Lottery Community Fund through Carers Trust	10,051	140,119	(136,412)	13,758
Young Adult Carers —The National Lottery Community Fund SpecIc Various Funds	33,221 5,012	95,492 7,032	(51,815) (5,247)	76,898 6,797
Active Older Carers Project - City Bridge Trust Mulberry Trust	30,647	48,736 4,000	(33,454) (1,059)	15,282 33,588
London Community Response —City Bridge
Trust Charity ofSir Richard Whittington (for
which the Mercer's Company is Trustee), (Older Carers Connect) Fixed Assets	1,194	12,126	(12,126) P74)	420
	81,284	307,505	(242,046)	146,742
	At			At
	1 April 2019	Income	Expenditure	31 March 2020
			E	E
Carers Newly Arrived to the UK- The Tudor Trust	371		(371)
Older Carers Projects —The Henry Smith Charity/Mulberry Trust	5,354		(4,195)	1,159
Working for Carers Project - European Social
Fund and The National Lottery Community Fund through Carers Trust	15,010	140,981	(145,940)	10,051
Young Adult Carers- The National Lottery Community Fund	26,593	70,854	(64,226)	33,221
Young Adult Carers —Funding from Various Small Funds	4,898	114		5,012
Active Older Carers Project - City Bridge Trust	11,628	11,600	(23,228)
Carers ofPeople with Dementia -Ajahma
Charitable Trust, Mulberry Trust, The Goldsmiths' Company Charity	17,430	19,859	(6,642)	30,647
Deloitte Employment, Education and Training Support Fund Fixed Assets	3,250 1,739		(3,250) (545)	1,194
	86,273	243,408	(248,398)	81,284

19.	Analysis ofnet as	se	ts between funds
				Unrestricted	Total Funds
				Funds f	2021 f
	Tangible fixed assets			4,731	4,731
	Current Assets			370,245	370,245
	Creditors less than	1	year	(25,289)	(25,289)
	Net assets			349,687	349,687
				Unrestricted	Total Funds
				Funds f	2020 f
	Tangible fixed assets Current Assets			2,748 329,648	2,748 329,648
	Creditors less than	1	year	(16,'851)	(16,851)
	Net assets			315,545	315,545
20.	Analysis ofchanges		in net debt

Analy	sis	ofc	han	ges	in net debt
										At
						At	1	Apr 2020 f	Cash flows f	31IIar	2021 f
Cash	at	bank	and	in	hand			313,921	39,316	353,237