REGISTERED COMPANY NUMBER: 03305621 (England and Walos> REGISTERED CHARITY NUMBER: 1061116 Re ort ofthe Trustees and Unaudlted Flnanclal Statom•nts for the Year Ended 31 March 2025 for Swindon Carers Centre Monahans Chartered Accountants Hemies House Fire Fly Avenue Swindon Wiltshire SN2 2GA
Swindon Carers Centre Contents of the Financial Statements for the Y ar Ended 1Ma Page Report of the Trustees Independent ExamSner's Report Statement of Flnanclal Actlvltles Balance Sheet Cash Flow Statement 10 Notes to the Cash Flow Statement 11 Notes to the Flnancial Statements 12 to 21
Swindon Carers Centre Re istered number: 03305621 Re ort of the Trustees forthe Year Ended 31 March 2025 The trustees who are a150 directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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 IFRS 1021 {effective 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and actlvltles The charitable purposes of the Charity are to relieve the needs of adult, par8nl. and young carers, who are, or were, carying out a caring role and to support and promote self-help by such means as the Trustees in their discretion think fit The Trustees have reviewed the Charity Commission's guidance on public benefit. The organisation's primary contribution lies in the support il offers to individuals who care for people with physical or mental health conditions or disabililie5. In addition, it fosters self-help among carers, empowering them to sustain a good quality of life while managing their caring responsibilities. These activities are closely ali9ned th the Charity's stated purposes, with carers being Ihe principal beneficiaries of this work. Our vision of'creating a community where carers are recognised, valued and supported" and our mission 'To improve Ihe wellbeing of people with caring responsibilities in and around Swindon" continue to guide our work and charitable purposes, and our aims, objectives, vision, mission, and service provision are reviewed annually. SCC created a revised Straleglc Plan for 2024 2027, developed in collaboration with staff and the Carers Forum. This process led to a refinement of our core strategic objectives to ensure greater clarity and focus. Champlonlng Carer Voice We aim to be an agent for caffr involvement, irrespective of their individual circumstances and impact of their caring role. so carers can be involved in influencing service development at all levels. Excellence In Support Servlces We strive to provide a high quality, effective, well-governed. and sustainable organisation offering a diverse range of personalised information, advits, and support. Incluslve and Engage the Communlty - We aspire to be inclusive. recognised, and approachable. by continuing to promote our services wdely and being patient and respectful in our culture of active community engagement. Develop Dlgltal Innovatlon We want to embrace digital development across the organisation, to maximise resources and reach to carers. Prlorltlos for the flnanclal year Included: Continuing to keep carers at the centre of decision making and ensuring their voice is heard Exploring the opportunity to bid for the Swindon Borough Council Carer Services Contract, as Part of our ongoing commitment to delivering high-quality care and support to Carers in the community To ensure we have a well governed organisalion, strengthening our Trustee Board and govemance structures and ensure well-organised succession planning The organi5ation's activities for the year were largely determined by the contract with Swindon Borough Council (SBC) and Bath, Swindon and Willshire Integrated Care Board IBSW ICBI, and the additional funding obtained from a variety of sources, as detailed below. Page 1
Swindon Carers Centre Re istered number: 03305621 Re ort of the Trustees for the Year Ended 31 March 2025 OBJECTIVES AND ACTIVITIES Slgnlfl¢ant a¢VItIeS Swindon Carers Centre offers a range of seNices to meet the required objectives Adult Carer Servl¢es: - To provide assessmenl and support for adult and parent carers aged 18 and over To provide information to carer5 about welfare and benefits To provide opportunities for carers to have a break from caring To undertake involvement work for parent and adult carers To undertake outreach activities to raise awareness of carers and their needs and help carers to self-identify To work wlh the Integrated Care Alliance and Integrated Care System and other health and social care services, to improve recognition and good practice with relatson lo carers Young Carer Servlces: To provide assessment and support for young carers under 18 To provide regular group events for young carers assessed as in most need To provide holiday activities accessible to all registered young carers To work with other organisations to provide holistic support for young carers, including schools and colleges To work wth social care services and health providers to raise awareness and identify hidden young carers, to ensure needs are met Volunteerlng hours 2024-25 The Trustees would like to take this opportunity to express their sincere thanks to all our volunteers. who have assisted in a wde range of roles across the organisalion. Their contributr'ons have been invaluable in helping us deliver high-quality support to carers in our community. They have undertaken a range of activities, including.. Adult and Young carers groups and activities Office administration support Information Technology Board of Trustees The value of volunteering to the organisation below uses the Real Living Wage for individual volunteers and the average wage of £19 per hour for skilled volunteers. This is really an underestimate of the value of volunteering to us., but gives an indicative figure. More information can be found in SCC'S Annual Impact Report. E8tlmated hours 395.00 518.25 92 345.75 2653.25 Valuo per hour £12.00 £19.00 £12.00 £19.00 Total value £4,740 £9,847 £1,104 £6.569 £37,887 Volunteers to SUPPOrt Service Delivery Volunteers to support Informaty'on Technology Volunteers within offI18drnin Trustee Hours Totsl Page 2
Swlndon Carers Cèntre Istared number: 03305621 Re ort of the Trustees for the Year Ended 31 March 2025 ACHIEVEMENT AND PERFORMANCE Charltablo activltles The seven-year (five plus two) contr8Ct with Swndon Borough Council for the provision of Carer Support Serwces concluded at the end of December 2024, following the completion Df the additional two-year extension period. From 1st January 2025. Swindon Carers Centre was awarded a on&year Direct Award contract by Swndon Borough Council. This stand-alone contract wll run until 31st December 2025 and ensures continuity of support for carers during this period. During 2024, SCC took the opportunity to review and streamline its staffing Structure and undergo a cost saving review. This was done to help prepare the org8nisation for the expected Local Authorilyllnlegraled Care Board Carer Services contract lender. The restructure resulted in the six staff members taking voluntary redundancy and the reduction in hours of a further nine staff. The cost savings exercise resulted in £124,000 saved. However, despite these measures and having secured valuable grant funding, iricluding support from the Henry Smith Charity and ongoing partnership funding trom Zurich Community Trust, the Trustee's took the difficult decision not to apply for the 2026 Local Authority Tender, and SCG formally wthdrew from the opportunity. As the Local Authority contract funding is SCC'S main source of income, the Trustees annoUnd in February 2024, that the Charity plans to cease operating on 31sl December 2025. During 2024-25, SCC has continued to work with carers to improve "carer voice" through channels such as the Carers Forum. The Carers Forum meets quarterly and has given carers the opportunity to meet the Corporate Director Integrated Adult Soaal Care IDASSI. The C8rers Forum decided on the theme for Carers Rights Day and titled it 'Who cares for the carers, the event offered carers the opportunity to find out about lot5 of different types of support available lo carers in Swindon. In addition, our advocacy efforts were recognised with an invitation to a roundtable discussion with MPS at the Houses of Parliament. This event focused on highlighting the challenges faced by Parent Carers and Young Adult Carers. Engaging with politicians allowed us to bring the voices of our community directly to the forefront of legislative discussions, pushing for the neSSary support and resources that carers need. Furthermore, some of our Young Carers were involved in the production of "Give Me A Break" a Focus on Rést and Respite for Young Carer. To continue to be a well govemed org8nisab.on we continue to embed 811 quality stsndards in the Trusted Charity and Excellence for Carers Awards. Our Trustee Board benchmarks against Ihe Charity Governance Code. These quality assurance marks help our beneficiaries, commissioners. SUPPOrters, donors, volunteers, staff. and the public to have Confiden that we alway5 work to a high standard. In 2024 we proudly partnered wlh GEL Studios to redevelop our website lo better reflect our mission, engage our audience with a strong focus on accessibility. Key improvements indude alternative image text, keyboard navigation. and adjustable fonts and colours, enabling users lo cuslomise their experienGe and navigate the site with greater ease whilst also providing a range of resources for families and carers to explore and support trem in their caring role. We continue to grow our social media presence. using platforms to raise awareness. share important updates. and engage directly with our community. We also distribute regular email mailers to keep carers informed about support. event5. and opportunities to get involved. Our partnerships and collaborations continue across private, public, voluntary and community sectors. Our ongoing work with schools, colleges. and alternative education providers helps to deliver support for young carers. Leadershlp and Management SCC undertook a staff restructure during 2024 which led to the reduction in the Senior Leadership Team ISLT). with the following posts taking voluntary redundancy,. Head of Service Delivery Adult & Older Carers and CEO. This change led to the merger of the Head of Service Delivery Adult & Older Carers and Head of Service Delivery Parent Carers & Young Carers roles to Head of Serwce Delivery, and the Head of Development post became the Charity Director. The Head of Finance and Resources remained unchanged. We welcomed a new Trustee, Martyn Davidson, who joined the Board in November 2024. Al the 2024 AGM, Hannah Graey, Mubbisher Ahm8d (left in Sept 241, Caroline Moore, were re-elected to continue in their role5 as Chair. Vice-chair and Treasurer and Chris Sims was elected Company Secretary. Peta Fry, Trustee resigned from her rale in December 2024. We amended our Article of Association, with the Charity cornmission to extend the term for our Chair of Trustee's, the Company Secretary, and the Treasurer to ensure we have continued experience up to the closing off the Charity. Page 3
Swindon Carers Centre Re istered number: 03305621 Re ort of the Trustees for the Year Ended 31 March 2025 FINANCIAL REVIEW Financlal posltlon As of 31 st March 2025, the Charity held total funds of £200,712. of which £29,311 is held as restricted funds designated for specific purposes. We spent £486,968 on helping Adult and Parent Carers. Expenditure on Young and Young Adult Carers was £123,955. The organisation has worked hard this year to achieve the aims and priorities set in its business plan. The Care Act 2014 and Children and Families Act 2014 continue lo have a significant impact on Swindon Carers Centre, with more carer5 than ever registering to access SCC'S services. There has been a 9Yo increase from the beginning of the financial year to the end of the financial year ol carers registered with Swindon Carers Centre. This has increased from 5524 in March 2024 to 6027 as of the end of March 2025. Prlnclpal fundlng sources We would like lo thank our main funders.. Swindon Borough Council ISBCI and Bath, Swindon and Wiltshire Integrated Care Board IBSW ICBI, and the additsonal funding obtained from a variety of sources including Friends of Young Carers Swndon IFOYCSI, Zurich Community Trust, NHS Charities Together, The Henry Smith Charity, The Syder Foundation. The Sir Jules Thom Charitable Trust, and Mid Counties Co-operative. Our contract with Swindon Borough Council funds our core service delivery. This lotalled £610,923 for the year. We are also immensely grateful for the generous grants and donations we receive from Trusts and Foundations, individuals and businesses. which allow us to go above and beyond on behalf of our community to support unpaid carers. SignificaTrt grants were received from.. - The Zurlch Community Trust- 2-year grant totalling £30,000 per year- towards SUPPOrting carers whose dependents are living with Dementia The Henry Smlth Charlty 3-year grant totalling £40,000 per year- towards the charities running costs NHS Charitles Together 2-year grant totalling £44,441 {£4,441 in 2024-251 towards Carers Support Line & prevention of worsening mental health in carers The Natlonal Benevolent Charlty 1 year funding of £10,000 towards Vvelfare and Benefits seNice Frfends ot Young Carers Swindon IFOYCSI- £61,870 5UPPOrting Young Carers Mid Countles Co-operatlve- £1342 - towards Path Bereavement group The Syder Foundation 1 year funding of £2,000 towards adult carer support services The Slr Jules Thorn Charitable Trust 1 year funding of £3,000 towards corelrunning costs - Oher small Grants- £12,585 - Engagement Officer Post- £634 Reserves policy The Reserves Policy was reviewed in November 2024 considering current and future income streams, expenditure commitments. and the broader operating environment, including the local and national carer agenda. The Reserves is maintained through prudent financial management and is intended to.. Cover income shortfalls and funding gaps. Support legal obligations for fixed-term posts and restrucluring. Sustain or exit projects affected by funding reductions. - Address unexpected costs or project oveffuns. Enable development work and pilot projects. Meet statutory costs if the Charity ceases operations. Respond to emergencies such as pandemics. Given the increased risk profile of our major income stream at the lime, particularly the 12-month Direct Award contract th Swindon Borough Counol ISBC} ending December 2025, and broader financial pressures, Trustees reaffirmed the importance of holding sufficient reserves. Key risks included.. Heavy reliance on SBC funding172% of income), Vth potential for future cuts. Financial instability wlhin SBC and the Integrated Care Board. Reduced and highly competitive grant funding. Increased employer National Insurance c051s from April 2025. Trustees agreed to maintain unrestricted reserves beMeen £135,000 and £225,000, covering: Minimum redundancy obligations. Contracted service liabilities. - One month's wages. A deficit budget was forecasted for 20225, with reserves expected to decline in 2025-26. Income diversification was a strategic priority, with a sustainability plan being developed to explore fundraising, partnerships, and potential mergers. The Reserves Policy remains dynamic and will be reviewed annually or in response to significant changes. Page 4
Swindon Carars Centre Re Istered number: 03305621 Re ort of the Trustees for the Year Ende 1 March 2025 FINANCIAL REVIEW Going concern Swindon Carers Centre ISCCI accepted an Interim Direct Award contract trom Swindon Borough Counal ISBCI, running from January to December 2025, while SBC and the Integrated Care Board IICBI tendered for a longer-term carer support contract starting in January 2026. In early 2025, SCC'S Board of Trustees made the difficult decision not to bid for the new contract. as it posed too high a risk for the charity. As a result, Swindon Carers Centre will cease operations in December 2025 and is no longer considered a going concern. FUTURE PLANS The Charity will close on 31 st December 2025, up to Ihal point we will continue to deliver services to Carers, with our key priorities up to the point of closure being.. A smooth transition to the new provider Keeping carers at the centre of decisions Providing a professional service up to the point of closure We will continve to deliver the One Year Direct Award contract in close collaboration wth all partners and key skkeholders, ensuring that carers of all ages remain central to our discussions and planning. We are committed to raising the voice of carers, using their insights to shape ServIS both now and in the future. Our ongoing focus is to place carers at the heart of everything we do-recognising, valuing, and supporting their vital contributions. which significantly alleviate pressure on the wder health and social care system. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Governing Document of Swindon Carers Centre is the revised Articles of Associ8tion, adopted on 19th February 2015. Swindon Carers Centre is a private company, limited by guarantee and wthout a share capital. This Goveming Document is reviewed annually by Trustees. Trustees adhere to the Charity Governance Code. RecrultmenL appointment, trainlng and Induction of new trustees Trustees are recruited and inducted following Charity Commission best practice. All trustees got through an interview process, following applications made in response to either advertisements in our newsletter and public media., liaison ith Human Resources Directors of organisations or word of mouth from current trusteeslstafflvolunteers. Trustee 8ppointment8 can be ratified at any meeting of the Trustees,. and are formally adopted at the AGM. Newly appointed Trustees go through a thorough induction process to explain their responsibilities, the work of the Swndon Carers Centre, and to introduce them to key personnel wthin the organisation. Away day events and external training is also made available to Trustees. Organisational structure The overall responsibility for the governance of the Charity rests wth Trustees. Day to day management Is delegated to the Charity Director, who in turn delegates management of specific projects and service delivery to the Senior Leadership and Management teams. Trustees meet as 3 Board 6 times per year, and the Charity Director and membeTS of the Leadership Team attend each meeting, and other managers alternate attendance to report on progress in specific team areas. Key management remuneration Trustees Work to the Charity Governance Code and conduct an annual peer review. Staff salaries are reviewed annually by the Trustee Board and are benchmarked against the National Joint Council INJCI Scales for local authorities. Wlder network Swindon Carers Centre is a nerk partner of the Carers Trust. This relationship entails a commitment on the part of Swindon Carers Cenlre to adhere to principle5 of partnership. which ensure a coherent approach to carers across member organisations, in exchange for the ability to use the branding and logo of the national organisaUon in addition to our own branding and logo. Rlsk management The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance againsl fraud and error. The major risks to which the Charity is exposed. as identified by the Trustees, are reviewed regulgrly and systems and procedures have been established lo manage those risks. A risk register is reviewed and updated quarterly by the strategy and Risk Management working group. REFERENCE AND ADMINISTRATIVE DETAILS Reg15tored Company number 03305621 (England and Wales) Page 5
Swlndon Carers Centre Re Istered number: 03305621 Re ort of the Trustees for the Yèar Ended 31 March 2025 Reglstered Charity number 1061116 Reglstered office Swindon Advice and Support Centr8 Sanford House Sanford Street Swndon Wiltshire SN1 1HE Trustees H C Crawley- Chair C Moore- Treasurer C Sims - Company Secretary N Czajkowski - Vice Chair N Steptoe M Davidson P Fry- appointed 2614124, resigned 1212125 M Davidson - appointed 711125 M Ahmad- resigned 2018124 Patrong lan Price lJuly 2017-presentl Susanna Jones (March 2025- presentl Senlor Leader$hlp Team to January 2025 Chief Executive Officer- Susanna Jones (until Jan 20251 Head of Finance and Resources- Bronte Hague Head of Service Delivery Adult & Older Carers- Stuart Ilbury luntil Sept 20241 Head of Service Delivery Parent Carers & Young Carers - Debbie Murphy-myers {until Sept 20241 Head of Development- Claire Smith (until Jan 2025} Senlor Leadership team post January 2025 Charity Director- Claire Smith Head of Finance and Resources - Bronte Hague Head of Service Delivery- Debbie Murphy-myers Independent Examlner James Gare DChA FCA Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA Bankers The main bankers for Swndon Carers Centre during the year were.. Coop Bank. Business Customer service, PO Box 250, Skelmersdale, WN8 6WT Approved by order of the board of trustees on .....-..... and signed on its behalf by.. Ms H C CTawSey Trustee Page 6
Inde endent Examinerfs Re ort to the Trustees of Swindon Carers Centr Independ8nt examinerfs report to the trustees of Swlndon Carers Centre I'the Company.) I report to Ihe charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responslbllltles and basis of report As the charity's trustees of the Company land also its diTectors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 2006 {'the 2006 ACVI. Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 {'Ihe 2011 ACVI. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145151 {bl of the 2011 Act. Independent examlnor's statement- matters of con¢ern Identlfied Since your charity's gross income exceeded £250,000 your examiner must be a member of a Ilsted body. I can confirni that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales. which Is one of Ihe listed bodies. I have completed my examination. I have identified rnatters of concem in my report. I draw attention to note 1 of the financial statements which ststes that Swindon Carers Centre will cease operations in December 2025. The charity is not a going concern. I confirm that no other matters have come to my attention in connection wth the examination giving me reasonable use to believe that in any material respect.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records", or the accounts do not comply wth the accounting requirements of Sectson 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination., and Ihe accounts have not been prepared in accordance wth the methods and principles of the Statement of Recommended Practice for accountin9 and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 10211. I confimi Ihat there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts lo be reached. James Gare DChA FCA The Institute of Chartered Accountants in England and Wales Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA Date.. Page 7
Swlndon Carern Centre Statement of Flnanclal Actlvities for the ea En ed 31 March 2025 2025 Total funds 2024 Total funds Unrestricted funds Restricted funds Notes INCONtE AND ENDOWMENTS FROM Donations and legacies 80,237 104,190 184.427 203,806 Charitable actlvltles Adult and Parent Carers Young Carers and Young Adult Carers other activities 486,968 123,955 486,968 123,955 417,560 169.250 2.667 Other trading activitie5 Investment income other income 4,890 5,923 1,693 361 5,251 5,923 1,693 5,396 8.783 1.732 Total 703,666 104.551 808,217 809,194 EXPENDITURE ON Raising funds 1,914 1,921 30.548 Charitable activities Adult and Parent Carers Young Carers and Young Adult Carers Other activities Engagement 440,872 170,709 59,921 5,595 43,425 62,291 9.100 10.495 484,297 233,000 69.021 16,090 569.726 251,951 81,180 93,428 Total 679,011 125.318 804,329 1,026,833 NET INCOMEI(EXPENDITURE) 24,655 120.7671 3,888 1217,6391 RECONCILIATION OF FUNDS Total funds brought forward 146,746 50.078 196.824 414,463 TOTAL FUNDS CARRIED FORWARD 171,401 29.311 200,712 196,824 The notes form part of these financial statements Page 8
Swindon Carer6 Centre Re Istered number-. 03305621 Balance Sheet 2025 2024 Notes CURRENT ASSETS Debtors". amounts falling due withln one year Cash at bank and in hand 15 10,244 243,084 28.650 226.274 253,328 254,924 CREDITORS Amounts falling due within one year 16 152.616) 158,1001 NET CURRENT ASSETS 200.712 196,824 TOTAL ASSETS LESS CURRENT LIABILITIES 200,712 196,824 NET ASSETS 200,712 196,824 FUNDS Unrestricted funds Restricted funds 19 171.401 29.311 146,746 50,078 TOTAL FUNDS 200,712 196,824 The charitsble company is entitled to exemption from audit under Section 477 of the Companies Act 2006 tor the year ended 31 March 2025. The members have nol required the company to obtain an audit of its financial statements ft)r the year ended 31 March 2025 in accordance with Section 476 of the COmpaneS Act 2006. The trustees acknowledge their responsibilities for {a) ensuring that the charitable company keeps accounting records that comply wth Sections 386 and 387 of the Companies Act 2008 and preparing financial statements which give a true and fair view of e state of affairs of the charitable company a5 at the end of each financial year and of its surplus or deficit for each financial year in accordan with the requirements of Sections 394 and 395 and which otherwse comply with the requirements of the Companies Act 2006 relating lo financial statements, so far as applicable to the charitable company. {b) These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financia statements were approved by the Board of Trustees and authoris6d for issue and were signed on its behalf by., on H C Crawley - Trustee •/L4 The notes form part of these financial statements Page 9
Swindon Carers Centre Cash Flow Statement for the Year Ended 31 March 2025 2025 2024 Notes Cash flows from operating actlvltles Cash generated from operations 10,887 1118,101) Net cash provided byllused inl operating activities 10,887 {118,1011 Cash flows from investlng actlvitles Interest received 5.923 8.783 Net cash provided by investing adivities 5,923 8,783 Change in cash and cash èquivalents In the reportlng period Cash and cash oquivalonts at the beglnnlng of the reportlng perlod 16,810 (109,318) 226,274 335,592 Cash and cash equlvalents at the end of the reportlng period 243,084 226.274 The noles form part of these financial statements Page 10
Swindon Carers Centre Notes to the Cash Flow Statement for the Year Ended 31 March 2025 RECONCILIATION OF NET INCOMEIIEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net Incomellexpendlturel for the reporting period las per the Statement of Flnanclal Activltlesl Adjustments lor: Interest received Decrease in debtors (Decreasellincrease in creditors 3,888 1217,6391 {5,923} 18.406 (5.4841 18,783) 75,218 33,103 Net cash provided byllused in} operatlons 10,887 1118.101) ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash at bank and in hand 226,274 16.810 243.084 226,274 16,810 243.084 Total 226,274 16,810 243.084 The notes form part of these finan¢ial statements Page11
Swindon Carers Centre Notes to the Flnanclal Statements for the Year Ended 31 March 202 STATUTORY INFORMATION sWndon Carers Centre is a charitable company limited by guarantee, wthoul share capital. incorporated in England and Vvales. The registered office address, nature of the ¢harity's operations and principal activities can be found in the Trustees, Report. ACCOUNTING POLICIES Basls of preparlng the flnancial statements The financial statements of the charitable company. which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and th6 CoMpaneS Act 2006. The financial statements have been prepared under the historical cost convention. The financial 5ts1ements are prepared on a basis other than going concern. The financial statements are prepared in slerling which is the functional currency of the charity and rounded to the nearest pound. There are no significant areas ofjudgements or key sources of estimation uncertainty. Golng concern Swndon Carers Centre ISCCI accepted an Snterim Direct Award contract from Swindon Borouyh Council ISBCI. running from January to December 2025, while S8C and the Integrated Care Board IICBI tendered lor a longer-term carer support contract starting in January 2026. In early 2025, SCC'S Board of Trustees made the difficult decision not to bid for the new contract, as it posed too high a risk for the charity. As a result. Swindon Carers Centre wll cease operations in December 2025 and is no longer consideffjd a going concern. Legal status of the Charity The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the charity. Income All income is recognised in the Stat8ment of Financial Activities once the charity has entitlement to the funds, it 15 probable that the income will be received and the amount can be measured reliably. Income from government and other grants. wh8ther 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met. it is probable that the income will be received and the amount can be measured reliably and is not deferred. For legacies. entitIement is taken as the earlier OP. the date on which the charity is aware that probate has been granted; the estate has been finalised and notification has been made by the executor(sl to the Trust that a distribution wll be made., or when a distribution is received from Ihe estste. Receipt of a legacy, in whole or in part, is only considered probable when the amount Can be measured reliably and the charity has been notified of the executorfs intention lo make a distribution. Where legacies have been notified to the Gharity. or the charity is aware ot the granting of probate, and the criteria for income recognition have not been mel, then the legacy is a treated as a contingent asset and disclosed if material. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits wll be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aygregate all Cost related to the category. Where costs cannot be directly attributed lo particular headings they have been allocated to activities on a basis conslstent with the use of resources. Irrecoverable VAT is charged against the expendf(ure heading for which il was incurred. Allo¢atlon and apportlonment of costs All costs are allocated between the expenditure categories in the Statement of financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particulate activity are allocated directly. Support costs, including govemance costs. are apportioned on the basis of estimated aggregate time expended on each activity. Page 12 continued...
Swlndon Carers Centre Notos to the Financlal Statements- contlnued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Taxation The charity is exempt from corporation tax on ils charitable activities. Fund accountlng Unrestricted funds can be used in a¢¢ordance wth the charitable objectives at the discretion of the trustees. Restricted funrls can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the and purpose of each fund is included in the notes to the financial statements. Pension cost$ and other po8t.retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Flnanclal rlsk management The charity has minimal exposure to customer credit risk, liquidity risk and market risk. Please refer to the risk section of the trustees annual report for infomation on how risks are managed. The charity does not have any non basic financial instrLiments. Tangible fixed assets Tangible fixed assets are recorded at cost and deprecialion is calculated to write off the cost, less estimated residual value over their expected useful lives.Fixed assets costing more than £500 are capitalised. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments wth a short maturity of three months or less from the date of acquisition OT opening of the deposit or similar account. Credltor8 and provlslons Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any Ifade discounts due. Flnan¢ial instrurnents The charity only has financial assets and fin8ncial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised al transaction value and subsequently measured at their settlement value. Redundancylterminatlon payments Terminab'on benefits are measured at the best estimate Df the expenditure required to settle the obligation at the reporting date. If the expected settlement date of the termination payments is 12 monlhs or more after making the provision and the effect would be material, the present value of the obligation is calculated using an appropriate discount rate. DONATIONS AND LEGACIES 2025 2024 Donations and legacies Grants Donated services and facilities 10,555 155,872 18,000 22.242 163,564 18,000 184,427 203,806 Donated services and facilities relates to the use of the propety. Please refer to Ihe trustees report for details on the description of the role played and nature of contributions by general volunteers. Page 13 continued...
Swlndon Carers Centre Notes to the Flnancial Statements - continued for the Year Ended 31 March 2025 DONATIONS AND LEGACIES- continued Grants CeIved. included in the above, are as follows.. 2025 2024 Friends of Young Carers Swindon Zurich Community Trust Carers Trust Mid Count'es Co-operative Other small grants Willshire Community Foundation Voluntary Acb'on Swindon Engagement Officer post NHSCTIRUHX Henry Smith Foundation Sir Jules Thorn Charitable Trust The Syder Foundation 81.870 30,000 62,204 35.000 10.986 814 1.960 9,100 1.500 1,342 12,585 634 4,441 40,000 3.000 2.000 40,000 2,000 155,872 163,564 OTHER TRADING ACTIVITIES 2025 2024 Fundraising 5.251 5.396 INVESTMENT INCOME 2025 2024 Deposit account interest 5,923 8,783 INCOME FROM CHARITABLE ACTIVITIES 2025 2024 Activity Adult and Parent Carers Adult and Parent Carers Young Carers and Young Adult Carers Other acts'vities Contracts Fee5 for services Contracts Fees for servIS 486,g68 417,16Q 400 169.250 2.667 123.955 610.923 589.477 RAISING FUNDS Raislng donatlons and legacles 2025 2024 Staff costs 28,235 Other trading activities 2025 2024 Fundraising expenses 1,921 2,313 Aggregate amounts 1,921 30.548 Page 14 continued...
Swlndon Carers Centre Notes to the Flnanclal Statements - continued for the Year Ended 31 March 202 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 91 Support costs Isee note 101 Totals Adult and Parent Carers Young Carers and Young Adult Carers Other activities Engagement 301,395 162,652 46,510 10,462 182,902 70,348 22,511 5,628 484,297 233.000 69,021 16,090 521,019 281,389 802,408 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Staff costs Direct costs 445.386 75.633 590.543 131,902 521.019 722,445 10. SUPPORT COSTS Govemance costs Management Totals Adult and Parent Carers Young Carers and Young Adult Carers Other activities Engagement 180,722 69,510 22,243 5,561 2,180 838 268 67 182,902 70,348 22,511 5,628 278,036 3.353 281,389 Activily Management Governance costs Basis of allocation Percentage of direct costs Percentage of direct costs Support costs, included in the above. are as follows.. Young Carers and Young Adult Carers Adult and Parent CaTers Other activities Wages Social security Pensions Premises costs Office costs other staff and volunteer costs Accountancy fees 144,570 7,804 2,863 12.031 12,888 768 2,180 55.604 3,002 1.024 4,628 4,957 295 838 17.793 961 328 1.481 1,586 268 182,902 70,348 22,511 Page 15 continued...
Swindon Carers Centre Notes to the Flnanclal Statements contlnued for the Year Ended 31 March 2025 10. SUPPORT COSTS . continued 2025 Total activities 2024 Total activities Engagement Wages Social security Pensions Premises costs Office costs other staff and volunteer costs Accountancy lees 4,448 240 82 370 397 24 67 222,415 12,007 4,097 18,510 19,828 1,179 3,353 195,431 11.317 3.766 19.980 37,171 4.400 1,775 5.628 281,389 273.840 11. NET INCOMEI{EXPENDITURE) Not incomellexpenditurel is ststed after chargingl{credilingl= 2025 2024 Operating lease- other Accountancy and independent examination 1,578 2,940 1,600 2,750 12. TRUSTEES. REMUNERATION AND BENEFITS TheTe were no trustees, remun6ration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 13. STAFF COSTS 2025 2024 Wage8 and salaries Social security costs other pension costs 629,539 42,414 11,952 760.070 54.769 14,453 683,905 829.292 The averagè monthly number of employees during the yearwas as follows.. 2025 20 2024 28 Carer support Adminislrab'on Fundraising 29 39 No employee5 received emoluments in excess of £60,000. The average monthly number of full-time equivalent employees during the year was 1812024: 28).. Key management personnel for the charity comprises the Trustees and th6 Chief Executive Officer. The total employee benefits for key management personnel of the charity were £82,020 {2024- £53,380). Total redundancy payments were £30,43712024'. nill. Page 16 continued...
Swlndon Carers Centre Notes to the Flnanclal Statements - contlnued for the Year Ended 31 March 2 25 14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 74,396 129,410 203,806 Charltable a¢tlvltle$ Adult and Parent Carers Young Carers and Young Adult Carers Other activities 417,560 169,250 2,667 417,560 169,250 2,667 Other trading activitie5 Investment income Other income 5,375 8,783 1,732 21 5,396 8,783 1.732 Total 679,763 129,431 809.194 EXPENDITURE ON Raising funds 30.548 30.548 Charltable a¢tlvltles Adult and Parent Carers Young Carers and Young Adult Carers Other activities Engagement 516,756 170,689 29,105 52,970 81.262 52.075 93,428 569,726 251,951 81,180 93,428 Total 747,098 279,735 1,026,833 NET INCOMEIIEXPENDITUREI 187,3351 1131 1150.3041 13 (217,839) Transfers between funds Not movement In funds 167,3481 1150,2911 1217,63g) RECONCILIATION OF FUNDS Total funds brought forward 214,094 200,369 414.463 TOTAL FUNDS CARRIED FORWARD 148,748 50,078 196,824 15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Accrued incorno Prepayments 6,109 12,115 10,426 10,244 10,244 28,650 Page 17 continued...
Swlndon Carers Centre Notes to the Flnancial Statements - contlnued fort e Year Ended 31 March 2025 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Social security and other taxes VAT Other creditors Accruals and deferred income 4,150 8,738 29,661 3,623 4,816 12,440 26,674 7,000 7,170 52,616 58.100 17. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases tsll due as follows.. 2025 2024 Within one year Between one and five years 799 373 1,443 1.327 1,172 2,770 18. ANALYSIS OF NET ASSETS BEfwEEN FUNDS 2025 Total fund5 2024 Total funds Unrestricted funds Restricted funds Current assets Current liabilities 224.017 152,6161 29,311 253,328 152,616) 254,924 {58.100} 171.401 29,311 200,712 196,824 19. MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrèstricted funds General fund 146,746 24.655 171,401 Re5trict&d funds Friends of Young Carers Swndon - Young Carers Activities Donation5 for Adult Carers Donations lor YoLJng Carers Donations for Parent Carets Activities for Carers Co-operative - older carers Outreach Older Carers Parent Carers Cuppa's Bereaved Carers event Boat trip Dementia support 28 3,306 12,562 681 25,652 814 5,389 1,646 1.310 12,8871 17,5381 13961 125.6521 11361 15,3891 11,6461 2,665 600 1,338 419 5,024 285 678 2,665 600 18,300 18.300 50,078 120,767) 29.311 TOTAL FUNDS 196,824 3,888 200.712 Page 18 continued...
Swlndon Carers Centre Notes to the Financlal Statements - contlnued for the Year Ended 31 March 2025 19. MOVEMENT IN FUNDS- continued Net movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in tsnds Unre$trlcted funds General fund 703,666 (679,0111 24,655 Restrlcted funds Friends of Young Carers Swndon- Young Carers Activities Donations for Adult Carers Donations for Young Carers Donations for Parent Carers Activities for Carers Engagement Officer Post Co-operative- older carers Outreach Benefits Older Carers Parent Carer5 Cuppa's Bereaved Carers event Boat trip Dementia support 61,870 19641 {6,4741 160,5601 11,9231 11,0641 13961 125,5021 16341 11.4781 19,8301 110,0001 11,6461 1335} 1,310 12,887) [7,538) 1396) 125.652) 1150} e34 1,342 4,441 10,000 11361 15,3891 11.6461 2,665 600 3,000 600 252 30,000 1250) {11.7001 18.300 104.551 1125,3181 120,7671 TOTAL FUNDS 808.217 1804,3291 3,888 Comparatlves for movement In funds Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unmtrlctèd fund8 General fund 214,094 167,3351 1131 146,746 Reslrlcted funds Friends of Young Carers Swindon- Young Carers Activities Donations for Adult Carers Donatiun5 for Young Carers Donations for Parent Carers Mental Health Wellbeing Df Adult Carers Activities for Carers Engagement Officer Post Extras support for YC and PC carers Carers living in Haydon Wick Welfare and benefits Ccpoperative - older carers Outreach Benefits support costs Benefits Activities in Wroughton Parent Carer Support Older Carers 58 2.662 17,021 681 10,000 100 29,779 69.945 3,811 (301 644 14.4591 28 3.306 12,562 681 {10,0001 1100) {4.127) 169,9541 (3,6111 141 (1,9851 814 {19,9611 122,9911 13,6871 12,4991 110,0001 1,646 25.652 1,985 814 5,389 25,350 22,991 3,687 2,499 10,000 1,646 200,369 {150,3041 13 50.078 TOTAL FUNDS 414,463 1217,6391 196.824 Page 19 continued...
Swlndon Carers Centre Notes to the Flnancial Statemonts - contlnued r End d 31 March 2025 19. MOVEMENT IN FUNDS- contlnued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds Gener81 fund 679,763 1747.098) 167,335) Restricted funds Friends of Young Carers Swindon - Young Carers Activities Donations for Adult Carers Donations for Young Carers Mental Health Wellbeing of Adult CareTS Activib'es for Carers Engagement Officer Post Extras support for YC and PC carers Carers living in Haydon Wick Welfare and benefits Co-operative - older carers Outreach Benefits support costs Benefits Activities in Wroughton Parent Carer Support Older Carers Carers wth Cerebral Palsy 62,206 1,841 10.957 162,2361 (1,1971 115,4161 110,001) 11001 (39.1261 173.4671 13,6111 12,1041 16,9861 130) 14.4591 110,0001 11001 (4,127) 169.954) 13,6111 {41 {1,9851 814 119,9611 122,9911 13,8871 (2,4991 {10,0001 1,646 34,999 3,513 2,100 5,001 814 119,9611 122,9911 13,687} 12,4991 110,0001 13531 (6,0001 1,999 6,000 129,431 1279,7351 1150,304) TOTAL FUNDS 809,194 {1,026,8331 1217,639} Restrlcted funds Friends of Young Car&rs Swndon - Young Carers Activities - Fund to provide activities for young carers Donations for Adult Carers - Various donations for adult carers Donations for Parent Carers - Various donations for parent carers Donations for Young G8rers- Various donations for young carers Welfare and benefits - Funding trom Zurich for Ihe welfare and benefit5 role. Activilies for Carers - Funding from Zurich to pay for adult and parent carer activities Engagement Officer Post - Funding from the Carers Trust to engage wlh under-represented minority ethnic carers in Swindon and develop equality, indusion and diversity across the whole organisation. Carers Living in Haydon Wi¢k- Funding from Wiltshire Community Fund to provide support lo carers who live in the Haydon Wick arèa. Extras support for YC and PG carers- funding from Voluntary Action Swndon for support for YC and PC carers Mental Health - fiJnding to support the mental health of carers Wellbeing of adult carers - funding from TYCO for the wellbeing of adult carers. Outreach - Funding to support outreach work to identify carers Benefits support costs- Funding to support costs of benefits work Benefits- Funding to direct costs of benefits work Page 20 continued...
Swlndon Carers Centre Notes to the Financial Statements - contlnued for the Y r Ended 31 arch 2025 19. MOVEMENT IN FUNDS . contlnued Activities in Wroughton - Funding from Wiltshire Community Fund lo provide acts'vities to carers who live in the Wroughton area. Parent carer support- funding to support parent carers Older Carers - funding to support older carers Carers with Cerebral Palsy- funding to support carers with Cerebral Palsy Be8Ved Carers event- Donation for a PATH (Bereaved Carers) event at Carers week in June 2025 Boat trip- A boat trip donation by a Volunteer Dementia support- donation for Dementia focussed support for carersldependants Parent Carers Cuppa's- donation for Parent Carers Cuppa's for 2025 EMPLOYEE BENEFIT OBLIGATIONS 20. The charity operates a defined contribution pensOn scheme. The costs for the period was £11.952 12024.. £14,453). Contributions amounting to £3.623 were payable to the scheme at 31 March 202512024.. £7,000) ar)d are inc5uded within creditors. 21. RELATED PARTY DISCLOSURES There were no related party transactlons for the year end&d 31 March 2025. Page 21