Charlty reg151ratlon number 1069331
Company règlstration r*umb6r 03472501 (England and Walès)
CARERS TRUST MID YORKSHIRE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

CARERS TRUST MID YORKSHIRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
AJAHill
T Carter
R Livermore
C Lylhgoe
O Slaicu
S Edwards
P Ly81or
(Appolnled 16 August 2023)
(Appointed 25 October 2023)
(Appolnled l January 2024)
(Appolnt8d l J8nuary 20241
{Appolnted l January 2024)
(Appolnted 12 August 2024)
Senlorrnanagement
MrNBee
R Wilson
E Hartley and V Slrafford
Ch5ef Execullve Offlcar
Flnance Manager
Règls16red Managers
Charlty humber
1069331
Company number
03472501
Rgglslered offlce
Unll 9 Shaw Park
SIIv8r Str881
Moldgreen
HuddeTsfield
Wesl Yorkshlre
H05 9AF
Audltor
BK Plus Audll Llmlled
52 Sl Johns Lane
Halifax
Wesl Yorkshlre
England
HX12BW
Bankers
Royal Bank of Scnlland
27 Markel Pla¢6
Huddersfi6td
Wesl Yorkshlre
HD12AD

CARERS TRUST MID YORKSHIRE
CONTENTS
Page
Trustees. report
Slalemenl of Iruslees. r6sponsibllllles
Independeiil audilols report
Slatemenl of Ilnancial acllvlllos
Balance sheet
10
stalemenl of cgsh flows
11
Notes lo Ihe flnanclal slal8ments
12-22

CARERS TRUST MID YORKSHIRE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Th8 Tiustees who are also Dir8ctoYs or the charily for the purposes of the Compan18s Act 2006, present Ihelr r8POrt
with the financlal slalemenls of Ihe charity for Ihe year ended 31sl March 2024. The Iruslees have adopted lh8
pyovislons of Accounling and Reporting by Charities.. Slglemenl of Recomrnended Practice appllcable lo charilles
pr8parlng Ihalr accouiils In accordonce wlih the Flnancial Reportlng Standard appllcable In the UK and Republlc of
Iraland (FRS 102} {effeclive 1 January 20191.
Vlslon
To Ilslen and respond lo Ihe needs of vnp3id careis, provkllng meanlngful support, Iinprova Ihe qualliy ol Ihelr lives
and onabl8 them lo acceBs the support Iliey need.
MSssloii
Our ml8sloii Is lo provld8 Ihe hlghest quality servicas lo unpald caiers in Klrklees, Cak16rd8le, Leeds and Wakefleld
no maller Ihelr n8eds, background, culture or pref8r8nces.
Publlc benefit
We have ref8rrod lo 11)e guldancg ¢onialned in Ihe Charily Commission's general guldance on publlc benelll when
revlewlng our alm und obje¢live8 and In planning our future acllvilies. In parllcular, lh6 Irustees conslder how
plannad acllv511as wlll conlrlbulg lo lh8 alms and oblectlves they have s61,
Achlev8ment5 and performance
Charltable actlvltle
Th6 pasl Iliianclal y8ar hag been a lal6 ol Iwo halves In many respects. Al lh8 be9innlng of the year, the
organlsallon exp8rl8nc8d challenges wilhin recrullmenl wilhin all areas frorn th6 board lo cara support, With the
exceptlon of a coupla of exSslSnq members. a new more experlenced board was recrulled, and iioliceably arg
provldlng Inuch n8ed8d skllls In sleeilnu the Gh8rlly lo incTeas&d effici8ncl8S.
Wllh olher Internal organlsallonal slruclural problems Ihat aros6, staff havg goné abov8 8nd beyond In ensurlng
care pracllces, fiiianclal reportlnq have been mel and iiol dwlndled, and for Ihls w8 pralse Ihé comn)Ilmenl In havlng
such a greal worklorcè In their iYedl¢alion. A chang8 of CEO took place al Ihe18tler part of 2023. All of the above
changes have resulled In an increase In staffing costs.
Over 94,000 hours of care support have been provlded lo carers and Ihelr fainillps Ihrovghoul, Kirklees, Wakefipld,
Leeds and Calderda18. Wllhln these reglons, all exisllng conliactu31 and fiamawork agreements have he8n
renewed Into Ihe nexl financlal year.
Al the end ol the year, CTMY had 475 cllenls from chiklren lo adults. Our sorvlrKs to our clients Include 1-1
sesslons, group work for the elderly, an emergency servlc8. support calls, chlldron's aclivlty clubs on weal(gnds and
n school holldays, (Over 100 children havlng benefilled from th8 dtsbs>. As 3131st March 2024, 119 eniployt3es
Waro acllve In Iha organlsalion asslsllng delivering our servlces.
Provldlng Iho highest quality of care 5Btvlces Is imporlanl lo Ihu organl¥allun. TD t>upporl Ihe IvaiTlb In this, CTMY
hava conlinuad their training to SLtpport team niemb8rs In the delivery of professional, s8fe and I119h quality 3erviGe8
wllh 96•￿ Compliance. We have placed gyealer emphasis on value 81)d culluye within the organisalion in Ih8 latter
P8rt of Ilie year, enabling us lo build on the hours ol care wilh g lower number of employees. We have conlinued to
audit our prablices (Icross care and HR, and have a number of Iinprovement proJeGIs ongoing.
CTMY has continued lo work closely wllh commissloners and InspeGlloh bodles Includlng Klrklee5, Wakelleld,
L66ds and Calderdale k)cal aulhoriiles, Ihe local Cllnlcal Comm15slonlng Groups, tha Wesl Yorkshlra Inlegraled
Care Board, the Care Qualily Commlssion (CQC), the Office for Slaiidards In EducalSon, Chlldren's S8Nlces &
Sl(ills IOFSTEDI, the International Organlsallon (or Slandardis81ion, and the Conlr8clors H8allh & Safely
Assessmenl Scheme,

CARERS TRUST MID YORKSHIRE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Flnanclal overvlew
Flnanolal poslllon durlng Ilie year the nel docroasc In fvnds was £137,948, taklng totAI funds al Ihe end of Ilie year
10 £742,592. Thls decr68sa in fuiids also Included a galn from inve6tmenls of £35,981. Ovei'all, Ihe lolal Incoime
r8malns consls18nl wllh the prevlous financSal year. The principal 80urces of fundlng conllnue lo be the conlracls
wllh local aulhoTilies in Klrklees, Leeds, Wakelleld arsd Calderda16 areas (of Ihe dellvary of caror resplle s&Nices.
The support of th8 local aulliorllles remalns slrong and CTMY are In an 8%C8118nl poslllon lo aonllnu8 d8llvery of Ils
care support and Se￿ICeS fora number ofyears.
The Trusle8s con¥lder CTMY lo be well posilionad to continue d8lbvering services under local aulhorily ¢onlra¢ls,
havlng 8slabllsh8d a repulallon for reliability and quality. Nevortlieless, Olher avenues and opportunllles conllnue lo
be explored In order io lessen the impact should any of Ihese conlraGls be reducad in scop8 or value in Ihe fuluro,
Wilhln Ihls financial year, thera has been conslderable work done In r8specl ol hlslorl¢ bad dabl provislon and the
board have taken the declsion lo wrile Ihls off wilhin 2023124.
FINANCIAL REVIEW
Investment pollcy and obJectlve8
CTMY seaks lo Inv8St surplus funds In fSxed Inleresl, eqully and prop8rty lund$ designed for charllles and mÉnag6d
by profes51onal fund manag6rs, Includlng CCLA Fund Managers Llmlled. CTMY looks lo a¢hl8v8 the best r8lurns
avallable from Ils Snveslmenls wh115t also seeklng lo malnlaln a spread of inveslmenl lypas wilh the inlenllon of
r8duclnu Ihe level of exposure lo markel rlsks.
Th6 Trustees hav8 assessed the major rlsks lo whlch th8 charlly Is expos8d and are satlsfied th81 systems ar8 In
place lo mlllt4ale 8xposure lo the major risks. We Are aware as a board Ihal losses ara wldaspread, and would hope
lo recuperate these losses In the next financlal y8ar.
GIv8n the strong c88h p05111on ol th6 charity, Ihe board are ievlewing this lo make beller us8 of Ih8se funds subleGI
lo a slrlngenl cashllow audll.
Re8eives policy
11 Is Ihe pollcy of CTfvAY that unreslrlcted funds which have not been designated foi. 8 speclllc use should be
malnlained al a level equlvalenl lo belween Ihree and slx months, of total unreslrlcted expendllura, The Iruslees
conslder Ihal reserves al Ihls level wlll Ihal. In Iho evenl of a signlficanl drop in funding, Ihey will be able lo continue
the Charlly's current acllvlllgs, whlle consldoralksn Is glven to ways iii whlch addillonal lunds ni8y b8 Talsed.
Al Ihe year end, general unTeslrlcled funds were £569,107 (2023.. £707,055J. The requiiBd lavel of reserves Is
bglween £566,531 £1,133,062, based on expendllure18vels (or 2023124, th& current lovol of unre8lTlcled reseTV88
Is thorefore wllhin the deslred range.

CARERS TRUST MID YORKSHIRE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Slructure} governan¢? and management
Governlng docum8nt
The charlly Is conlrolled by its governing document, a deed of Irusl, and conslllule8 a Ilmiled Gompany, Ilmlled by
guarantee, a5 dellned by the Companles Act 2LK)6.
The charity Is a company limlled by guarantee and ts goveTned by ils M8morandum and Artlclgs of Assoclallon.
Locally, Cros8roacSs Car6 began In 1Y83. The organlsalion became a company Ilmlled by guaranle81n Aprll 1998
and was known as Huddertslleld Crossroads - Carlng for CartsTS. On 4 Augusl 2009 Ils ndnie changed lo Crossroads
C8re in Mld Yorkshlre. On 27 February 2014 ils n8m8 changed lo Carers Trusl Mid Yorkshlr8. New Artlcles of
Assuclallon slnce w8r8 duly adopted in 2018, and 81nce on 13lh May, 2021,
Th8 organlsalion work8 across Kirklees, Whkelield, Calderdale and North Leed5. The organisalion h8s coiilracls
wllh l<lrkle83, Leed8 and Wakefield CounGII$, and is on the franiework with Calderd£le. Services are also provid8d
lo carers through Ihe receipt ol donations lo Ihe organisatlon. Individual care packages can be provldod for Ihos
who ohooso lo puroh88e care,
Wh8n a vacancy arlses, candklales are sought vla word of moulh and adv8rflsemenls. Candldales are then
InlérvSew8d for Ihelr sullablllly. All liL6slees, whan recrulled, undertake a planned InduGllon process, whlch Includes
allendaiic6 al a Board meellng lo observ8 and hav8 lo agree lo a s81 codg of conduct In Ihelr respon91hlli118s,
RecruSlmenl and appolnlmenl Is tjnderpinned by a skllls and 8xperlenc8 mapplng lo ensure the Board of Truste8,8 Is
dlverse In Il's membershlp and represenlalive of the carers 11 support5 In Mld Yorkshlre. 11 Is worth nollng, th81
recrullme.nl for new IrLrslees and a Treasurer has also proved chaltenglng wilhln Ihls year, bul has been overcomé
wllh an excellent care. flnance, operallonal and slraleglc sklll sel.
Organlsatlonal slructur8
The charlly's organlsallonal slruclure consSsl8 of the Board of Trustees which, logellier wllh the Chl81 Execullve
Ofllcai, form Ihs Man3gomenl Commlltee. Th1818 responsible for sotllng pollcy, provldlng 8lraleglc dlrecllon and the
governanL8 of CTMY. Day lo day operallonal Inanageni6nl Is dologaled lo Ilie Chl8f Exe¢ullv8 Offlcer and th8
senlor management tg8m con818llng of:
In18rlm Chlef Exocullve Offlcer- A Hlll
Flnance Manager- J Ne81
Reoisl&Ted Managers - E Hartlay and V Slr8lford
HR Manag8r- A Hawrot

CARERS TRUST MID YORKSHIRE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Trustees Ilablllty
None of the Iruslees has any beneflclal inleresl In the company. All of Ihe Irusle8S 8r6 m6mh6rs of the company and
guarantee to conlllbule £1 In the event of a wlndlng up.
REFERENCE AND ADMINISTRATIVE DETAILS
Regisl&Ted Coinpany nuinber 03472501 (England and Wales)
Reglslered Charlly number 1069331
Reglsleied offlL'tI Unll 9 Shaw Park Sllver Slreel Moldgr8en Hudd8rsfleld Wesl Yorkshlro HD5 9AF
Trustees
A J A HIII ICh81r & Inlgrim CEO}
T Carter (Appolnled 16th Augusl 2023)
R Livermore (Appuinled 25th Oclob812023)
S Edwards (appoin18d 1s1 Janltary 20241
O Slalcu {appoinled Isl January 2024)
C Lylhgoe {appolnled 1st January 2024)
P Lysl8r lappolnled 12th Augusl 2024)
N Tarball {R8slgned 16th August 20231
C O'Regan (Reslgned 30th September 2023)
P Kirk IR8slgn8d 3181 Oclob8r 2023)
W Ellls IReslgnEJd 8th Aprll 2024)
G Roth IResign8d 23rd July 2024)
Audltor$
BK Plus Audll Llmllèd
Slalulory Audllor Chartered Accountants
52 Sl Johiis Lano Halifax
Wesl Yorkshlre
HX12BW
Bllnkers
Royal Bank of SLo118nd
27 Market Place Hudclerslield
Wesl Yorkslilre
HD12AD
Key managemont
Chief Executlve Offtcer- Mr N Bee
Fln8nce Manager- R Wllson
Registered Managers E Hartley and V Slratford

CARERS TRUST MID YORKSHIRE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Acknowledgements
Our dedlcaled 8mployees who go above and beyond
Thos8 who give lo us via Glft Ald Those who make donathins 'ln Memoriam,
Those Indlvlduals who generousty make donalions lo us, who are loo numerous lo mention
The Irvslees, report was spproved by the Board of Trustees.
AJAHIII
Trust8¢
Data,,

CARERS TRUST MID YORKSHIRE
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
Tha trusleas (who are also tho directors of Carers Trust Mid Yorkshire foi Ihe puiposes of company 18wI are
responsible for pr8paiing Ihe R8port of the TTuslees and the financlal slalemenls In accordanc8 with applicable law
nd Uniled Kingdom AcLourilirig Slandards {Uniled Kingdom Generally Accepted A¢￿Ul}lIng Pracllcg).
Company18w requlieg the Iruslees lo prepare finandal slalemenls for 8ach finanaal year whlch glve a Iru& and falr
vSew of the slate of affalrs of Ihb charllable company and of the Incomlng resources and appllcallon of resources,
Including the income and expandilurè, of lh8 rtharltable company for Ihal pariod. In preparlng those linancial
slalemenls, th8 trustees are requlred lo
sel8cI sultable accounllng pollcl6s and Ihen apply th8m con61st8nlly;
obseNe the methods and principle,% In the Charlly SORP;
make judgemenls and esllmales Ihal are reasonable and prudenl;
prepare the flnanclal stateinenls on the golng concern basls unless 11 Is InappropriAte lo presum6 Ihal Ihe
charllable company wlll conllnue In buslness.
Th8 Iruslaes ar8 r8sponslble for keeplng proper accounling records whlch d15close wllh reasonabl8 accuracy al any
Ilhi8 the (Inanc121 poslllon ol the charllabl6 company and to enab18 them to ensure that the financlal slalemenls
comply wllh tho Gompanles Act 2006. They ar8 also responslbl8 lor safeguardlng the asse18 of the charitable
company and hence lor laklng rèasonable steps for the pr8v8nllon and detection of fraud and olh8r Irfegularillos,
In 80 far as the tiusle8s are Bware:
there is no relevant oudll inform81ion of which the ¢h8rllable company'8 audllois are unaware,, and
the Iruslees have lak¥ii 811 steps Ihal they oughl lo have taken lo make Ihemselv8s aware ol any rel8vant
gudll Inform81ion and lo eslabli8h Ihol Ihe auditors are aware of Ihal Infomiallon.
AUDITORS
The audllors, BK Plus Audit Llmlled wlll be proposed for ré-appolnlm8nl al Ihe forthcoming Annual General
Meellng.
Approved by order ol the Board of Trustees on
i.¥..l.!011014
nd slgned on ils behalf by,.
AJA Hlll - Trusloo

CARERS TRUST MID YORKSHIRE
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF CARERS TRUST MID YORKSHIRE
Oplnlon
We have audlled the Ilnanclal slalemenls of Carers Trusl Mid Yorkshire (Ihe 'Charily') for the year ended 31 March
2024 whl¢h comprl8p the slalemenl of linanclaS acllvllles, the balance sheel, the sl8lemenl of cash flows and noles
lo lh8 financial slalem8nls, 5ncludlng slgnlficanl accovnllng pollcles. The financial reporting framework Ihal has been
applled In Ihelr preparallon la appllcable law and Unlled Kingdom Accounllng Standards, Inoludlng Flnancial
Reporilng Standard 102 Tlie Fiiiancial R8POrtlng Slandard applicable In Ilie UK and Republlc ol Irelaiid (United
Klngdom Generalty Accepted Accounting Pracllcel.
In our oplnlon, the linancial stalemenls:
glve a true and falr vicw of Ihe stale of Ihe charltable company's affalrs as al 31 March 2024 and of Ils
Incomlng resourcas and appllcallon of resources, lor Ihe year Ihen ended,,
have been properly prepared In accord8nce wilh Uni18d Kingdom Generally Accepted Accounting PraclSc8;
end
have beèn prepared In accordance wllh Ihe raqulremenls ol the Companies Acl 2006.
Ba$1¥ for gplnlon
We conducted oiir audll In accordance wllh Inlemallonal Slandards on Audillng (UK) IISAS (UKI) and applioablg
law. Our rosponslbllilles under Ihn.8fs standards are further descilbed In Ihe Audllor's responslbilllies for lh8 8tJdil of
Ihe flnsnclal stalemenls sec.lion of our reporl. W8 ara Ind8peiid&nl of Ihe Charity In accordance with the elhiaal
reqLJlr8menls Ihal are relevanl lo our audll of the flnanclal 51alemBnls In the UK, Sncludlng the FRC'S Elhlcal
Standard. and wg have fullilled our other elhlcaS responslblllues In accordanc6 wllh Iheso requlremenls. We bell8Vg
Ihal the eudlt evldence w6 have obtained is suificlenl and approprlale lo provlde a bas1$ for our opinlon.
Concluslon8 relatlng to golng concern
In audlllng Ihg flnancial slalemenls, we have concluded Ihal the Irusleos, u$6 of the golno concern b8sls ol
accounllng In the preparallon ol the nnencial slaleiiienls Is approprlale.
Based on Ihe work we have perfomied, we have not Identified any malerlal uncertalnli8s r61allng lo events or
condlllons Ihal, Indlvldually or collecllvaly. may cast slgniflcanl doubl on the Chadly's ablllly lo conllnue as a golng
concern lor a perlod ol al least ￿le1ve monlhs from when the financl31 slalemenls are aulhurlseid lor Issue.
Our responslb11111&s and lh8 re8ponslbllltl88 of the Iruslees wilh resp8Ct lo golng conc8rn ar8 described in Ihe
relevant s8cllons ol Ihls r8POrt.
Other Informatlon
Tha other Inlormallon comprls&s Ihe Inlormalion Included in the annual reporl Dlher than Ihu linancldl slalgm8nls
and our auditor's report Ihereon. The Iruslaes are responslble for the other Informallon conlalned wllhln tha annu81
report. Our op5nlon on the flnanclal sl8lem&nls does not cover (lie other Infornialloii and we do not 8xprass any lo¥m
ul assuranGe conclusion thereon. Our respon8ibllily is lo read the other Informallon and, in dolng 50, conslder
whelher Ilie ollier Information Is Inaterlèlly inconslslenl with the financial statements or our knowledge oblalned In
Ilie course of Ihe audit, or olhewlse appears lo be materl8lly mis81aled. If we klenllfy such maleiial inctsnsl8161)clas
or apparenl malvrlal miss181enienls, we are required lo delermine whether Ihls glv8s rise lo a malerial misslaleni8nl
In the linanclal slatemgnls themse￿8$, If, based on the work W8 hav& p6rformed, wg conclude Ihal Ihei'e Is a
material mlsslalemenl of this other Inlorm81ion. we are requlred lo repori that facl.
We have nolhlng lo report In Ihls regard.
Matters on whlch we are requlred to report by exceptlon
W8 have nothing lo report in tespeGI of th6 following niallers In ralallon lo whlGh the Charilie8 (Accounls and
Reports) Regulali01i8 2008 requlre us lo report lo you if, in our oplnion:
the Information glven In the finandal 5talamenls Is inconslslenl in any material respeel wllh Ihe Iru51ees'
report. or
sufficlenl accounllng records have nol been kept: or
the linanclal 818lemenls are not in agreement wlth Ihe accounting records: o¥
W8 I￿ve i)ot received 811 th8 Informallon and explanations we requlre for our audll.

CARERS TRUST MID YORKSHIRE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CARERS TRUST MID YORKSHIRE
Respon51bllltles of trustees
As explalned more fully In 1he slalainenl ol trustees. I'esponslbillties, Ihe IFuslees, who are also the dlraclorts of th
Charlly for the pu¥pose of company law, are responslble lor Ihe prep8rallon of11)e linBnclal slatements and for belng
sallslied Ihal Ihey gSv8 a Irue and falr v18w, and lor such internal control as Ihe Iruslees dgtefmln8 Is n8c8ssary lo
enable Ihe prepaTallon of flnancial slalemen1s that aro Iree from malerial misslalement, whether due to fraud or
e¥tor. In pi'eparlng Iha flnanclal slalemenls, th6 Iruslees are responsible for assesslng the Charlly's ablllly lo
conlinuo as a golng concern, dlscloslng, as appllcable, mall8rs related io golng concem and u8lng lh8 golng
concorn basls of accounllng unless the Iruslees tsllh6r intend lo Ilqu5dale Ihe charllable company or to cease
opeiallons, or have no reallsllc allernaliv6 bul lo do so.
Audltovs responslbllltle8 for the audlt of the flnanclal statements
We havo boon appolnled as audllor und8r secllon 144 of the Charllle5 Act 2011 and report In accordance with the
Acl and relavant regulalions made or havlng e.ff8cI thereunder.
Our oblecllves are to oblalii raasonable as8uranc6 about whelher Ihe flnanclal 51alements as a whole al'e free from
malerlal mlsslalgment, whether du8 10 (raud or error, and lo Issue an auditOT'S report that Includ8s oui oplnlon,
R8asonabl* assurance Is a high level ol assurance bul Is not a guar8nl8e Ihat an audit conducted In accordance
wllll ISAS (UK) wlll always dete¢l a malerlal mlsstalement when 11 exlst5. Mlsslalemenls can arise Irom fraud or
èrror and are consldared malerial11, Indlvidually or In Ihe aggr8gal8, they could reasonably be expeclad lo Influenca
lh8 economlc declslons of users laken on th8 b2sis of these financlal slatemenls.
The exlenl lo whlch our procedures aré eapable of detecting Irregularille8, Includlng fraud, Is d8la118d below.
A furlher descrlpllon of our responsiblllll8s Is av8llable on Ihe Fln8ncl81 Reportlng Coun¢ll's websit8 Bl,. hllps'.11
www.frc,org.uklaudllorsr8sponslbllllle8. Thls descrlpllon forms part of our audllor'6 report.
Use of our report
Thls report Is made solely to th8 company's mèmbers, as a body, In accordanc8 wllh secllon 391 of the Coinpan18S
Acl 2014. Our audil work has been under18ken so Ihal w Inlghl slate lo the rA)mpany's memb8rs Ihose mallers w8
are requlred lo slalf) lo them In an audllorfs r8port and lor no olher PUTpose. To Ihe fullesl exlenl permllled by law,
we do iiol acc8pI nr assume responslbllily lo anyone other than tha company and tl)e company'5 mgmbers as a
body, for our 8udll work, for Ihls r8POtI, or for the oplnlons we have formed.
BK Plus Audlt Llmlted
22 Noventroe I. ?02
Chartered Certlfied
Slatulory Audllor
52 Sl Johns Lane
Halifax
Wesl York8hlr8
England
HX12BW
BK Plus Audil Limiled is eliglble for appolnlmenl 88 8udilor of Ihe Ch2rity by virtue of Ils eliglblllly lor Bppolnlmeiil as
audllor of a Gompany under section 1212 ul Ihe Companios Act 2006,

CARERS TRUST MID YORKSHIRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unre8trl¢ted Unrostrltttèd
funds
funds
2024
2023
Notes
Income from:
Donallons and legacles
Charllable acllvllles
Olhor Iradlng 8clivllles
Invgslmenls
73,210
1,989,893
6,682
22.411
49,5G3
2,019,794
2,627
21,040
Total Income
2,092,196
2,093,024
Expendllure on:
Charll8ble acllvilies
2.266,125
2,099,756
Total expendlture
2.286,125
2,099,758
Nel g8lnsl{1058es) on Inveslmenl¥
12
35,981
(45,426)
Net expgnditure and movemenl In funds
(137,9481
(52,158)
Re¢onclllallon of funds:
Fund b8lanc88 al l Aprll 2023
881,540
933,698
Fund balances at 31 March 2024
743.592
881,540
Th6 slalemenl of ftnanclal acUvlll8s Includ88 all galns and I￿$S68 iecognlsed In the year. All Income 8nd expendllure
derlve from conllnuing acllvllles.

CARERS TRUST MID YORKSHIRE
BALANCE SHEET
ASAT31 MARCH2024
2024
2023
Notas
Fixed assets
Tangible asset$
Inveslmenls
14
15
11,281
598,679
15,156
562,698
609,960
577,854
Current assets
Debtors
Cash al bank and In hand
16
308,340
183,800
148,375
453,445
492,140
601.820
Creditors: amounls falling dua wlthln
one year
17
{358.508)
1298,134)
N&t current assets
133.632
303,686
Total assets less current Ilabllltles
743,592
881,540
Net ass8t8 excludlng p8n3ion liablllty
743.592
881,540
Thè funds of thè Charlty
Unreslrlcled funds
743,592
881,640
743,592
881,540
Th8 company Is enlilled lo Ihe exempllon from Ihe audit requiremenl contalned In secllon 477 of th6 Companles Acl
2006, for the year 8nd8d 31 March 2024. although an audlt has been carried out undgr s8clion 144 of Ihe Charill&s
Aa12011.
Ths directors aoknowltsdge IhelT re5ponslbililles for compSylng wllh the fequlremenls of the Companies Acl 2006
wllh respect to accounling records and Ihe preparation ol financlal slat8m8nls.
The members have nol required Ihe company lo oblaln an audil ol ils flnancial slalemenls under the requliemen15
of th8 Companlgs Act 2006, for Ihe year In quesllon In 8ccord8nGe wllh section 476.
rhes8 financlal slalemenls have been prepared In accordance wllh the provlslons appllcab5e lo companles subject
lo th8 small cornpanies regim6.
The flnancial stalemenls were approved by the Iruslees on
AJAHIII
Trustee
Company reglslratlon numbor 03472501 (England and Wales)
10-

CARERS TRUST MID YORKSHIRE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Note5
Cash Ilows from operating actlvltles
Cash absorbed by operallons
23
{284,515}
198 fJ771
Invesflrig acllvltles
Purchase of langlble Ilxed assets
Inv8slm8nl Incoine received
(7,541)
22,411
(2,0451
21,040
N8t CB3h generafed from Investlng
aGtlvltios
14,870
18,995
Nèt cash u$8d In flnanclng actlvltlas
Net deeréase In ¢ash and cash oqulvalent8
(269,645)
{79,582)
Cash and cash 8qulvalenls at beglnnlng ol year
453,445
533,027
Cash and cash equlvalents at ond ofyear
183,800
453,445
11

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policies
Chaiily Informatlon
Carers TrLÈsl Mld Yorkshlre Is 8 prlv81e compai)y limited by guarant88 Incorporated In England and Wales. The
registered offic8 Is Unll O Shaw Park, Sllver Street, Moldgreen, Huddersfleld, Wesl Yorkshlro, HD5 9AF,
q.q Accountlng convèntlon
The linanaial sla18menls have been prepared In accordanc& wlth the Charlty's Igovernlng documentl, the
Companlos Act 2006, FRS 102 "rhe Financial Reporllng Siandard 8pplicable In the UK and Republic of
Ireland, I'FRS 102.) ond the Charlllgs SORP "Accouiillng and Reporting by Charlll88.' Slalenipnl of
Recomin8nded Practice applle2ble lo charllies prei)adny their accounts In aGcordanc8 ￿1th Ihe Financial
Reportlng Standard appllcable In the UK and Republic of Irelaiid (FRS 1021" {effeclive 1 January 20191. Thts
Charlty Is a PubliG Bonefil Enlily as defined by FRS 102.
The financlol slalem8nls ar6 prepared in sl8rling. whlch 15 Ihe luncllonal curr6ncy of the Charlly. Monetary
amounts In these flnanclal slalemenls ara rounded lo the nearesl £.
Thè Ilnanclal slalemenls hava been prepared under lh8 hlslorlcal cosl convenllon, Iniodlll8d lo Include the
revaluallon ol fTeehold properties 8nd to includo Inveslmenl propeylles and certain financlal Inslrumenls 81 falr
valuel. The prlncip81 accounting pollctes 8dopled are sel out below.
1.2 Golng concorn
Al Ilie Ilino of approvlng lh8 financlal stalemenls, the Irusleès have a reason3b18 8xpeGlallon Ihal the Charlly
has adequale rosources lo conllnue In operallon81 exlslenee for Ihe foreseeabla (ulure. Thus the Iruslees
conllnue lo adopl the going concern basis ol accounllng In preparing Ihe linancial slalemenls.
1.3 Charitable funds
Unrestrlcled funds ar6 avallable for use at Ihe dlscretlon of lh8 trustees In furtherance of Ihair chaT51abS8
obleellves,
Reslrlcled funds are sublécl lo speclflc condlllons by donors or granlors as lo how they may b8 US8d. Thg
purposes and usès ol the restricted funds are s81 out In Ihe notes lo the financl3151alemenlg.
Endowm8nl funijs are sublecl to specific condillons by donors Ihal lh8 ￿pItal musl b8 malnlalned by the
Charlty.
1.4 Income
InLome Is recognlsed when the Charily Is lèg31W 8nti11od lo il after any performance condili01i8 have b8011
met, the amounts ¢8n be measured reliably, 8nd11 Is probable that Income will be recelved.
Cash donations ere recognlsed on receipt. Olher donations ar8 reGogrilsed once 11)e Charily ha5 b88n nollfted
of the donallon, unless performance conditions require d8f8rral ol lh& amount. Income lax recov8rable Iii
relallon lo donalions recelvod under Gllt Aid or deeds of covenant Is recognised al the Ilm8 of the donalion.
Legacles are iecognlsed on recelpl or 01he￿iSe If Ihe Chailly has been notified of an Impending dlslrlbullon.
tho aniount is known, and Teceipl Is expeGled. If the amounl is i)ol known, Ihe legacy Is Irealed as
conling8nl asset.
12-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Aceountihg pollcleg
(Contlnu8d)
1.5 Expendllure
Expendilure is recognised once there is a legal or conslwcllve obllgatlon lo Iransfer economlc benefit lo a
Ihlrd party,1118 probable that a Iransfer of economlc benefits wlll be requlred In selllem8nl, and Ihe Smounl of
the obllgallon can be measured reliably.
Expendllur8 is dassilied by acllvily. The cosls of each acllvlty are made up of the lolal ol direct costs and
sliarcd cosls, including support cosls Involved In undertaklng oach activity. Dlrettl costs altrlbulab16 to a slngle
acllvily are allocal6d direclly lo Ihal aclivily. Shared cosls whlch conlribule lo more than one acllvliy and
support costs whlch are not allrlbulable lo a single acllvlly are apportioned between thos8 8cllvllle¥ on a bas18
conslslenl willi th8 use of resources. Central Blaff costs are allocated on the basls of Ilm￿ spenl, and
depreclallon Gharges are allocated on the portlon ol the asset's us8.
1,6 Tanglbla flxed assets
Tanglble Ilxed assalg are Inlllally measured al cosl and subs8quantly measured at Cost or valuallon, nel of
depr8clallon and any Impalrmenl Inss8S.
Depreclailon Is recognlsed so as lo wlile off the cost or valuallon of 8SS8ls16ss Ihelf regldual values over Ihelr
U5elul IIv85 on Ihe following bases:
Le8sehold Improvem8nl8
Plant and equlpm8nl
Flxlur8S 8nd flllings
Over the remalnlng life of Ihè18ase
2501• on cost
2001• on cost
The eharlly has a capllallsallDn pollcy of ¢apllalisng assel purchased cosllng In 8xcess of £500
1.7 Flxèd a$88t Investments
Flx&d asset invoslmon18 are inllially measured al Ir8nsaclion prica axcludlny Iransacllon cosls, 8nd are
subsequenlly measur8d al fair value al each reportlng da18. Changas In f8lr value are reLogril8ed In nel
incomellexpendllure) for lh8 year. Tr8nsacllon cosls are expensed as incurred.
1.8 Impalrmant ot flxed assets
Al each reportlng end dale, the Charlly revlews the ¢arrylng amounls of118 langlble assets lo delermlne
whether thera is any Sndicalion that those assets have suffered an Impalrmenl loss. 11 any such Indie8llon
exisls. th8 recoverable amount of the asset Is esliinaled order lo d81eimliia the exlenl ol Ilie Impalrm6nl
103s Ilf 8ny>.
1.9 Cash and cash equlvalenls
C8sh and cash equivalents Include cash In hand, deposits held al call wllh banks, other short-lerm Ilquld
inveslmvnls wilh origlnal malurilles of three months or less, and bank overdrafts. Bank ov6rdralls are shown
wllhln borrowlngs In currenl Ilabllllies.
1.10 Flnanclal Instrumonts
The Charlty has 61ecled lo apply the provlslons of SeBlion 11 '8aslc Flnancial Inslrumenls, and Seclion 12
'Olher Flnanclal Inslruments Issues, of FRS 102 to all of ils financial Instruments,
Fln8nGlal Instruments are recogiiised in the Charl￿￿ balarTh sheet when the Charlly becomes p8rly lo the
contractual provlsion5 of Iha insliumenl.
Flnanclal as8els and liabilities are offsel, wllh Ihe nel amounts presei)led In Ihe financlal slalemonls, whan
thera Is a le.gally enforceable Yight to sel off the recognlsed amounls and there Is an Inl8n11on to s61118 on a not
basls or lo realise Ihe assel Ènd sell18 the Ilabllily slmullaneously.
13-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FIMANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcl&s
Icontlnued)
835iG fin8nclal assets
Baslc fin2nclal assets, whlch Indude deblors aiid cash and bank balances, are Inlllally measured al
Iransaallon prlce Includlng transaction cosls and are subsequenlly carrled al amortlsed cost uslng the effecllve
nleresl method unless the arrangement constllutes a flnanclng IransacllDn, where Ihe IrAnsacllon Is
Imoasured al the present value of the luluro re¢elpls dlscrJunl8d at a m3rkel ra18 of Interest. Financlal assels
classSlled as roceivable wSlhln one y8ar are not amortlS6d.
Baslc flnanclal Ilabilities
Baslc ftnanGi81 liabilities, Including credllors and bank loans a￿ In111811y recognlsed at Iransaclion unless
the arrangem8nl constitutes 2 financlng Irans8cllon, where the debt Inslrumenl Is maasured al the presenl
valLSa ol Ihe futuro payments dlscounted al a markol rale ol interesl, Financl81 Ilabllllles clas611iod as Payable
wllhln one year are not amortlsed,
D8bt Inslrum8nls are subs6quonlly carrÈed al amortlsed cosl, uslng the affecllve Inleresl Tale melhod.
Trade creditors are obllgallons lo pay for goods of services that have bean acquired in tho ordlnary course of
operalions from 8uppllers. Amounts payable are classified as current Ilablli118s if paymonl Is dua wllhln one
ye8r or less. If nol. they are pre¥enlÉ)d as non-currenl liabilitles. Trade credllors are recognised Inlllèlly al
Irans8clion price and subsequently mea8ur6d al 8morti68d cost uslng the effecllvo Interest method,
D6i&cognltlon of flnanelal Ilablllllas
Fln8ncial Ilabllllles are deiecognlsed when Iha Charltls conlraGlual obllg8lronG explre or ar8 dl6ch8rged or
cance118d.
1.14 Employee benef Its
The c081 of any unused hollday enlillempnl Is re￿gnISed In the perlod In whlch the 8mploye8'8 88Nlce8 are
r8celved.
Termlnatlon benellls are r8cognls8d Immedialely as an axpenstt wh8n lh8 Charlty Is demonstrably comniliied
lo terminale Ihe employmenl ol an employee or lo provide lermlnation benèlits.
1.12 Retlromant beneflts
Paymen18 lo defln6d pA)nlrlbullon r8llr8ment benefll schemes are charued as an exp8ri86 as they fall duo.
Crltlcal accountlng estlmates and judgements
Iii Ihe appllcallon of tho Cl)arlly'S accounllng pollcles, the Iruslees are iequlrad lo mak8 ludgeinonls,
8slimal6s dnd a5sunipllons aboul the caTrylng amounl of assets and liabililles Ihal are nol readlly apparcnl
from 011i8r sources. The esllmalas and associaled a%%umpllons 3r8 based on l)islorical experience and other
laclors Ihal ale considered lo b8 relevanl. A¢lual results may dlff8r from these 6sllimales,
Tho esllmales and undeilylng assumpllons are Trviewed on an ongolng basls, Revi.8lon8 lo accounllny
estlmales are rocognlsed in the perlod In which the estimate is r8vlb"Ed wlierg 11)e revision aftecls only Ilial
period, or In the period of the revl8ion and future periods where the revision affecis both current and future
perlods.
14

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donatlon5 and legacles
Unrestrlcted Unrestrlcted
funds
funds
2024
2023
Donallons ai)d glfls
Grants
6.4S4
64,756
7,437
42,126
73,210
49,563
Donatlons and glfts
Don81ions
Qlher
3,279
5,175
3,489
3,948
8.454
7,437
Grant6 recelvablè for ¢ore actlvltl88
Making Carers Count
64,756
42,126
64,758
42,126
Income from charllabl6 actlvlllaB
Unr95trlcted Unrestrlcted
funds
funds
2024
2023
Provlslon of Care seNlces
Income from provision of 8ervices
1,98g,693
2,019,794
Income from other tradlng actlvitles
Unrestrlcled Unrestrlcted
funds
fund5
2024
2023
Fundraislng events
6,682
2,627
15-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Iiicome Irom Invgstmen15
Unrestrl¢ted Uiirestrlcted
fund5
funds
2024
2023
Inv8slmenl Income
In18resl receivable
19,601
2,810
19,601
1,439
22,411
21,040
Expendllure on charltablè actlvltlé8
Provl8lon of Provlslon of
care
cara
s8rylces
$eNIcoS
2024
2023
Dlrecl costs
Slaff c051s
Depre¢lallon and Impalrmenl
Insurance
Llghl and heal
Telephone
Postage and slallon8ry
Sundrles and bank charge
R6nl and room hlr8
Ropalrs and maintenance
Clebnlng
Conipuler rep8lrs and mainlenance
Advertlslng Incl. staff rocrullmenl
Trainliig
Motor and travel expenses
Bad debts
Legal and profe5slonal
Njlanagemenl development
B3nk Charges
Accounlahcy Fees- BNA
1,857,439
11,416
15,817
15,811
21,244
6,643
20,3S7
41,520
8,471
3,753
54,051
24,171
17,542
60,298
21,176
27,936
781
2,464
29,969
1,778,912
13.970
13,590
9,316
24,677
7,476
13,936
42,823
5,169
3,888
43,693
9,454
17,116
74,289
83
15,145
1,664
2,41
2,240,85g
2,077,619
Share ofsupport and governance costs {see note 8)
Support
25,266
22,1J7
2.266.125
2,099,756
Analysls by fund
UnrestrlGled funds
2,266,125
2,099,756
16-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocated to a¢tlvlt16S
2024
2023
Audllors, remun8iallon
Nallonal care Standard Reglslralion
Association ol Carers Trust Fe8
7,700
8,747
8,819
7,350
8,637
6,150
26,266
22,137
Analyged between:
Provision of care seNlces
25,266
22,137
Net movement In fund5
2024
2023
The nel movemenl In funds Is staled after charglngl(credlllngl.
Depreclallon of own8d langlble fixed assels
11,416
13,970
10 Truytees
The Chalr of the Iruslees was pald £14093 for seNlces as Inlerlm CEO and these amounts are Included Iii
wag6s and salarles for the ended 31st March 2024 and £Nil for the year ended 31st March 2023,
Truste¢s' expenses
Tliere were no Iruslees, expenses pald for Ihe year ended 31st March 2024 nor for the yoar 6nd6d 3181
March 2023.
11 Employees
The averago monthly number of employees durlng Ihe ye8rwas:
2024
Number
2D23
Number
Care S&rvlces
Management and Admlnlslrallon
Emerggncy Servlces
117
21
113
22
Tolal
142
139
Employment costs
2024
2023
Wages and salarles
Social 8eGurliy costs
Olher pension costs
1,733,460
100,113
23.866
1,661,448
93,672
23,792
1,857,439
1,778,912
17-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR fHE YEAR ENDED 31 MARCH 2024
11 Employees
IContlF)ued}
There were no employe8s whose ai)nual remunaralion was niore Ihan £60,000,
Remuneratlon of key management pe¥3onnel
The r8munerallon ol k8y managemenl personnel was as follows:
2024
2023
Aggregate compensallon
221,905
169,827
The k8y management personnel In the organSsallon has und8rgon8 a slgnlflcanl restructure durlhg the*
Ilnanclal year,
They ara now Id8nllfled 8$ Chief Exoculive, Inl8rlm Chlèf Executive, R6glsler8d Manager, D8velopm8nl &
Car6 Manage¥, HR & Tralnlng Man8ger and Flnancè Manager; lh6 laller belng und6rt8ken 8s a lob share lor
Ihe malorlty of11)g financlal ygar as an Inlerlm measure unlll a subslanllve replacemenl was recrulled In May
2024,
12 Galhs and losses on Investment8
Unrestrlclad Unrostrlcted
fiinds
funds
2024
2023
Galnsl{losses) arlslng an:
Revaluallon of Inv8Stm8nls
35,981
{45,4261
13 Taxatlon
The charily Is exempl from laxailon on Ils 8cllvllles because all Ils Ihcorne Is applled for charllable purpos65,
18-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Tanglble fixed asset6
Leag&hold
Iniprovamonls
Plant and Fl¥iures and
equlpmont
itin95
Total
Cost
Al 1 April 2023
Additions
35,932
6,979
32,243
562
10,776
78,951
7,541
Al 31 March 2024
42,911
32,805
10,776
86,492
Dapraclatlon and Impalrmeht
At 1 Aprll 2023
Depr8c5allon charged in Ihe year
30,398
6.189
26,035
3,608
7,362
1,619
63,795
11,41B
At 31 March 2024
36,587
29,643
8,981
75,211
Carrylng amount
Al 31 March 2024
6,324
.7,162
1,795
11,281
Al 31 March 2023
5,534
6.208
3,414
15,156
15 FiKed asset Investments
L18tod
Invèslmoii18
Cost or valuatlon
Al 1 Aprll 2023
Valuallon changes
562,698
35,981
Al 31 M8r¢h 2024
598,679
Carrylng amounl
At 31 March 2024
598,679
Al 31 March 2023
562,698
2024
2023
Inveslmenls al fair value comprise:
Valuallon In 2021
Vllluallon In 2022
Valuallon In 2023
Valuallan In 2024
Cost
46,747
47,356
{45,426)
35,981
514,021
146,747)
{47,356}
145,426}
514,021
598,679
562,698
19-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
46 Debtors
2024
2023
Amounts falling due wlthln one year:
Trade debtors
Olhar debtors
Prepaymenls and accruad incom8
285.896
4,506
17,938
124,759
b,415
17,201
308,340
148.375
17 Cr8dltors', amounts falllng dua withln one year
2024
2023
Notas
Other laxallon end sodal secuilly
Deferred Income
Trade credllors
Other ciedllors
Accruals and def8rr8d Income
9.779
17q,771
9,671
95,613
11,300
18
184,109
28,842
121,122
7,700
358,508
298,134
18 Daferrad Income
2024
2023
Olher defeTfed incon18
184,109
171,771
Deferred Income is Included in 1118 flnancial slalemonls as fr)Iluw¥:
2024
2023
Deferred Income15 Included wllhln:
Current liabllilles
184,109
171,771
Movenienls In Ihe year..
Defeired iiicoma gjt 1 Aprll 2023
Released from prevlous perlods
Rosources delerred In the year
171,771
232,019
(60,248)
12,338
Deferred income at 31 March 2024
184,109
171,771
-20-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Rellremenl beneflt schernes
2024
2023
Defin6d ¢onlribution schemes
Cl)arg8 lo prolil or loss in respect of definèd conlribullon schemes
23,866
23,792
The Charity operale$ 8 d8fined conlribulion penslon schen)e for all qualltylng employ&6s. The assels of th&
Scheme are hald separately from those ol the Charlly In an indopandenlly admlnlsleréd fund,
20 Unrestrlcted funds
Tha unreslricl8d lunds of the charity comprlsa lh8 unexpended balances of donallons end granls which ar8
not 5ubl801 lo specific condilions by donors and grantors as lo how tliey may be us8d. These Inolude
duslgna18d lunds which hav8 bo8n s81 asid8 oul ol unr8slrlGl8d funds by Ihe Iruslees lor speafic purposes.
At 1 Aprll
2023
Incomlng
résourcès
Resources
oxp6nded
Galns and Al 31 March
lossés
2024
General Fund
D85ignaled Redundancy Fund
Doslgnaled Fund -
Beareavemenl and Emollonal
Support
707,055
172,000
2,092.196
(2,266,125)
35,981
569,107
172,000
2,485
2,485
881,540
2,092.196
(2,266,125}
35,981
743,592
Prevlous year:
At l Aprll
2022
Incomlng
resources
Rgsources
expended
Galns and At 31 March
losses
2023
General Fund
Designal6d Redundancy Fund
Deslgnaled Fund -
Beareaveinenl and Emollonal
Supporl
75g.213
172,000
2,093.024
(2,099,756)
145,4261
707,055
172,OUC)
2.485
2.485
933.698
2,093,024
{2,099,7561
145,426)
881,540
21

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
24 Operating lease conimilmenls
Lessee
Al the reportlng end dale the Charlly had oulstsnding commilm6nts for fulure Inlnimum lease payments under
non-cancellable operallng leases. whlch fall ¢Jue as lolk)ws'.
2024
2023
Wllhln on8 year
Between two and tive yoars
8,000
24.000
8,000
8,000
32,000
22 Ralated party transactlons
Thera were no dlsclosable related party Iran8aclions during the year {2023- non8>.
23 Cash gènerated from oporatlons
2024
2023
Deficll for Ihe y8ar
(137,948>
{52,158)
Adluslm8nls for-
Inv8slmenl Income recognlsed In sla18m6nl of flnenclal acllvllles
Falr value galns and losses on Inv8slmenls
Depreciation and impalrmenl of langible flxed assels
{22,411)
(35,981)
11,416
121,0401
45,426
13,971
Movomenls In worklng c8pilal'.
Ilncrease)Idecre8se in debtors
Increaselld6cre8soI In credilors
Increaselldecreasel In deferr8d income
1159,965>
48,n36
12,338
157
124,6851
160,2481
Cash absorbed by opèratlons
{2B4,515)
{98,577)
24 Analysls of change5 in net funds
The Charlly had no niaterlal debl dutlng the year.