Charity registration number 1069331 (England and Wales)
Company registration number 03472501
CARERS TRUST MID YORKSHIRE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

CARERS TRUST MID YORKSHIRE
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
T Carter
R Livermore
O Staicu (Treasurer)
S Edwards (Chair)
P Lyster
(Appointed 12 August 2024)
Senior management
T Plallen
J Murray
E Hartley and V Slratford
Chief Executive Officer
Finance Manager
Registered Managers
Charity number
1069331
Company number
03472501
Registered offlce
Unit 9 Shaw Park
Silver Slreet
Moldgreen
Huddersfield
West Yorkshire
HD5 9AF
Audltor
BK Plus Audil Limited
52 St Johns Lane
Halifax
West Yorkshire
England
HX128W
Bankers
Royal Bank of Scotland
27 Market Place
Huddersfi'eld
Wesl Yorkshire
HD12AD

CARERS TRUST MID YORKSHIRE
CONTENTS
Page
Trustees, report
statement of trustees, responsibilities
Independent auditor's report
7-10
Slalement of financial activities
11
Balance sheet
12
statement of cash flows
Notes lo the financial statements
14-25

CARERS TRUST MID YORKSHIRE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees who are also Directors of the charity for the purposes of the Companies Act 2006, present their report
with the financial statements of the charity lor the year ended 31st March 2025. The Trustees have adopted the
provisions of Accounting and Reporting by Charities.. Statement of Recommended Pradice applicable to charities
preparing their accounts in accordance with the Financi35 Reporting Standard applicable in the UK and Republic of
Ireland {FRS 102).
Vislon
To listen and respond to the needs of unpaid carers, providing meaningful support, improve the quality of their lives
and enable them to access the support they need.
Mission
Our mission is to provide th8 highesl quality services lo unpaid careis in Kirklees, Calderdale, Leeds and Wakefield
no matter their needs, background. culture or preferences.
Publlc benefit
We have referred to Ihe guidance contained in the Charity Commission's general guidance on public benefit when
reviewing our aim and objectives and in planning our future activities. In particular, the Trustees Consider how
planned aclivilies will contribute lo the aims and objectives they have set.
Achlevements and performance
Charltabl8 actlvlties
Al the beginning af Ihe 2024125 financlal year, the organisatlon was continuing lo face challenges in respect of the
recruitment of a Finance Manager (appoinled 28 May 20241. However, the new Board together with the interim CEO
were beginning to apply their skillset in steering the charity lo identify efficiencies.
Towards the end of 2024, an office reslruclure resulted in cost savings and a new sub51anlive CEO was appointed.
The Board also undetwenl some changes in roles. with the Treasurer stepping up to be Chair of the Board.
91,805 hours of care support have been provided lo caiers and their families throughout Kirklees, Wakefield, Leeds
and Calderdale during the financial year from April 2024 to March 2025. In-depth analysis of these contracts has
been undertaken resulting in some smaller elements nol being renewed into the new financial yeai. The largest
contract (Kirkleesl has been renewed after a Series of detailed negotiations with the Commissionerlcarers Slrategy
Manager headed up by the newly appointed CEO, Ty Plallen.
At the end of the year, CTMY had 455 clients from children lo adults. Our services to our clients Include 1-1
sessions, group work for the eldeily, an emergency seNice, support calls, weekend children's activity clubs and a
children's holiday club, with over 100 children having benefilted from the clubs. As at 31st March 2025, 100
employees were active in Ihe delivery of our services.
Providing the highest quality of care services is importanl to the organisalion. To support the teams in this, CTMY
have Continued their training lo support team members in the delivery of professional, safe and high quality services
wilh 96 % compliance. We have placed grealer emphasis on value and culture within the organisalion in the laller
part of the ye8r, enabling us to build on the hours of care with a lower number of employees. We have continued to
audit our practices across care and HR, and have a number of improvement projects ongoing.
CTMY has continued lo work closely with commissioners and inspection bodies including Kirklees, Wakefield,
Leeds and Calderdale local authorities, the local Clinical Commissioning Groups, the Wesl Yorkshire Inlegraled
Care Board, the Care Quality Commission {CQC}, the Office for Standards in Education, Children's Services &
Skills (OFSTED), the International Organisation for Standardisalion. and the Contractors Health & Safety
Assessment Scheme.

CARERS TRUST MID YORKSHIRE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnancial overview
Financial position duTing the year show that the net increase in funds was £50,431, taking tolal funds al the end of
the year lo £794,023 (an increase of 6.8'/0 on the previous financial year). There was an in-year loss on investments
of £20,117.
The principal sources of funding continue to be Ihe contracts with local aulhorities in Kirklees, Leeds, Wakefield and
Calderdale areas foT the delivery ol carer respite services. The support of the local authoritie5 remains strong and
CTMY are in an excellent position to continue delivery of its care support and services for a number of years.
The Trustees consider CTMY to be well positioned to continue delivering services under local authority conlracts,
having established a reputation for reliability and qualily. Nevertheless, other avenues and opportunities continue lo
be explored in order lo lessen the impact should any of these contracts be reduced in scope or value in the future,
including a focus on a Google marketing campaign to increase the organisalion's profile for private work in the
Huddersfield & Kirklees area.
Within this financial year, work has continued to add￿$$ the historic bad debt position which has reduced drastically
during the year. There is now a robust process in place and the debtors level is now considered lo be under control.
FINANCIAL REVIEW
Investment policy and objectlves
CTMY seeks to invest surp5us funds in fixed interest, equity and property funds designed for charities and managed
by professional fund managers, including CCLA Fund Managers Limited. CTMY looks to achieve the best returns
available from its investments whilst also seeking to maintain a spread of investment types with the intention of
reduclng the level of exposure lo markel risks.
The Trustees have previously assessed the major risks lo which the charity Is exposed and are satisfied that
systems are in place to mitigate exposure lo the major risks. There is a review of investments scheduled to take
place in the 2026127 financial year lo ensure that thi5 level of oversight continues.
Following the losses reported in the Iwo prevlous financial yeafs, the surplus achieved at the end of this current
financial year is welcome and provides a good foundation for growth in future years.
Reservg policy
11 is the policy of CTMY Ihal unrestriGted funds which have not been designated for a specific use should be
maintained al 8 level equivalent to between three and six months, of lotal unrestricted expenditure. The tiuslees
onsider Ihat reserves al this level will ensure thal, in the evenl of a significant drop in funding, the Charity's current
activities will be able ta continue while consideration is given to ways in which additional funds may be raised.
Al the year end, general unrestrtcled funds were £619,538 {2024- £569,107). The required level of reserves is
belween £551,368 £1.1 m, based on expendilure levels for 2024125. Ihe current level of unrestricted reserves is
therefore within the desired range.

CARERS TRUST MID YORKSHIRE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
structure, governance and management
Governlng document
The charity is controlled by its governing documenl. a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.
The charity is a company limited by guaranlee and is governed by ils Memorandum and Articles of Association.
Locally, Crossroads Care began in 1983. The organisalion became a company limited by guarantee in April 1998
and was known as Huddersfield Crossroads - Caring for Carers. On 4 August 2009 ils name changed to Crossroads
Care in Mid Yorkshire. On 27 February 2014 its name changed to Carers Trust Mid Yorkshire New Articles of
Association since were duly adopted in 2018, and since on 13th May. 2021.
The organisalion works across Kirklees, Wakefield, Calderdale and North Leeds. The organi5alion has contracts
with Kirklees, Leeds and Wakefield Councils, and is on Ihe framework with Calderdale, although this provides
minimal work. Services are also provided to carers through the receipt of nominal donations lo the organisalion.
Individual care packages can be provided for those who choose lo purchase care.
Recruitment and appointment of new Trustees
When a vacancy arises, candidales are sought via word of moulh and advertisements. Candidates are Ihen
nteNiewed for their suitability. All trustees, when recruited, undertake a planned induction process, which includes
allendance al a Board meeting to observe and agreemenl to a sel code of conduct In their respon5ibililies.
Recruilmenl and appointment is underpinned by a skills and experience mapping to ensure the Board of Trustees is
diverse in its rnembership and representative of Ihe carers it supports in Mid Yorkshire While recruitment for new
Iiuslees and a Treasurer has historically proved to be challenging. the current board an excellent care, finance,
operalional and 5lralegic skill sel.
Organlsatlonal structure
The charily's organisational struclure consists of the Board of TTUStees which, together with the Chief Executive
Officer, form the Management Commillee. This is responsible for setting policy, PTovidlng strategic direction and the
governance of CTMY. Day to day operational management is delegated to the Chief Execulive Officer and the
senlor management team consisting of:
Chlef Executive Officer- T Platlen
Finance Manager- J Murray
Registered Managers- E Hartley and V Stratford
HR Manager- To be appointed

CARERS TRUST MID YORKSHIRE
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Trustees liabllity
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
guarantee to contribute £1 in the event of a winding up.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 03472501 (England and Wales)
Registered Charity number 1069331
Registered office Unil 9 Shaw Park Silver Slreet Moldgieen Huddersfield West Yorkshire HD5 9AF
Trustees
S Edwards (Chairl
P Lyster (Vice Chair)
O Staicu {Treasurer)
T Carter
R Livermore
C Lythgoe (Resigned 15th September 2025)
A J A Hill (Resigned 30th November 2024)
G Roth (Resigned 23rd July 20241
W Ellis {Resigned 81h April 20241
Auditors
BK Plus Audit Llmited
SlatuloryAudilor Chartered Accountants
52 St Johns Lane Halifax
West Yorkshire
HX12BW
Bankers
Royal Bank of Scotland
27 Market Place Huddersfield
West Yorkshire
HD12AD
Key management
Chief Executive Officer- T Platlen
FSnance Manager- J Murray
Registered Managers- E Hartley and V Stratford

CARERS TRUST MID YORKSHIRE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Acknowledgements
Our dedicaled employees who go above and beyond.
ThosB who glve lo us via GiftAld and make donallons'ln MemorFam.'
Those Indivlduals, loo numerous lo menllon, who gonerously make donallon5 to us.
Dlsclosure of Informallon to audltor
Each of thè Iruslees has confirmed Ihal there Is no Inlormalion of whlch they are aware which Is relevahi to the
audit, bul of whlch lh8 audilor is unaware. They have further confirmed that they have taken appropilale steps lo
Identify such relevant Informallon and lo eslabllsh Ihal the audllor is aware of such Inforfflalion.
Audltors
BK Plus Audlt Llmlled were appointed as audilor to the company and a resolution proposlng that they be r8-
appolnted will be put al a General Meeling.
The tr
lees, raport was approved by the Board of Trusl&es.
S kdwaTds (Chalr)
Trustee
Date",

CARERS TRUST MID YORKSHIRE
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees (who are also the directors of Carers Trust Mid Yorkshire for the purposes of company law> are
responsible for preparing the Report of the Trustees and Ihe financial statements in accordance with applicable law
and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the slate of affairs of the charitable company and of the incoming resources and applicalion of resources,
including the income and expenditure, of the charilable company for that period. In preparing those financial
stalemenls, the Iruslees are required lo
select suitable accounting policies and then apply Ihem ¢onsistently',
observe the melhods and principles in the Charity SORP-,
make judgements and estimates that are reasonable and prudent.,
prepare the financial slalements on the going concern basis unless it is inappropriate lo presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the financial position of the charitable company and lo enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding Ihe assets of the chafilable
company and hence for taking reasonable steps for the prevenllon and detection of fraud and other irregularities.
In so far as the Iruslees are aware:
there is no relevant audit information of which the charitable company's auditors are unaware., and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
audil informalion and to establish that the audilors are aware of that information.

CARERS TRUST MID YORKSHIRE
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CARERS TRUST MID YORKSHIRE
Opinion
We have audited the financial slalemenls of Carers Trust Mid Yorkshlre (the 'Charity'} for the year ended 31 March
2025 which comprise the statemenl of financial activities. the balance sheet, the statement of cash flows and noles
to the flnancial stalernenls, including significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standard5, including Financial
Reporting Slandard 102 The Financial Reporting Standard applicab16* in the UK and Republic of Ireland (United
Kingdom Generally AcceptedAccounting Practice).
In our opinion, the financial statements:
give a true and fair view of the slate of the charitable company's affairs as al 31 March 2025 and of ils
incoming resources and application of resources. including ils income and expenditure, for the year then
ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿.,
and
hav8 been prepared In accordance wilh the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) {ISA5 (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditors responsibilitips for the audit ol
Ihe financial statements section of our report. We are independent of the ChaTily in accordance with the elhlcal
requiremenls that are relevant to our audit of the financial stalements in the UK, including the FRC'S Ethical
standard, and we hav8 fulfilled our other ethical responsibilities in accordance with Ihese requirements. We believe
that Ihe audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to going concern
In auditing the financial slalemenls, we have concluded that the trustees, use of the going concem basis of
accounting In the preparation of the financial slatements is appropriate.
Based on the work we have performed, we have not idenlified any material uncertaintles relating to events or
condilions Ihat, individually oi collectively, may cast significant doubt on the Charity's ability to continue as a going
concern for a period of al least twelve months from when the financial slalements are aulhorised for issue.
Our responsibilities and the responsibilities of the Irustees with respect to going concern are described in the
relevant sections of this report.
other Informatio
The other informatlon comprises the information included in the annual report other Ihan the financial statements
8nd our auditor's report Ihereon. The Iruslees are responsible for the other informalion contained within the annual
report. Our opinion on the financial statements does not cover Ihe other information and, except lo the extent
othetwise explicitly slated in our report. we do not express any form of assurance conclusion thereon. Our
responsibility is lo read the other information and, in doing so, consider whether the other information is materially
inconsi51enl with the financial statements or our knowledge obtained in the course of the audit, or olheTwise appears
to be materially misslaled. If we identify such malerial inconsistencies or apparent material mi5slatemenls, we are
required to determine whether this gives rise to a material misstatemenl in the financial statements themselves. If,
based on the work we have performed, we conclude thal Ihere is a material misstatement of this other inforrnalion,
we are required to report that facl.
We have nothing to report in Ihis regard.
Oplnlons on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the informalion given in the trustees, report for the fin8ncial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law, is consistent with the
financial slatemenls., and
the direclors, report included within the trustees. report has been prepared in accordance wilh applicable legal
requirements.

CARERS TRUST MID YORKSHIRE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CARERS TRUST MID YORKSHIRE
Matters on whlch we are requlred to report by exceptlon
In the light of the knowledge and understanding of the Charity and its environment oblained in the course of the
audit, we have not identified material misstatements in the directors, report included wilhin the trustees, report.
We have nothing to report in iespect of the following malters in relation to which the Companies Act 2006 requires
us to report to you if, In our opinion..
adequate accounting records have not been kept, or returns adequate for our audil have not been received
from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns- or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have nol received all the information and explanations we require for our audit, or
the trustees were not entitled to prepare Ihe financial statements in accordance wilh the small companies
regime and lake advantage of the small companies, exemptions in preparing the trustees, report and from the
requirement to prepare a strategic report.
Responsibllltles of trustees
As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the directors of the
Charily for the purpose of company law, are responsible for the preparation of the financial statements and for being
satisfied that they give a true and fair view, and for such intern81 control as the trustees determine is necessary lo
enable the preparation of financial statements that are free from material misstatement, whelher due lo fraud or
error. In preparing the financial slalemenls, Ihe trustees are responsible for assessing the Charity'5 ability lo
continue as a going concern. disclosing, as applicable, matters related to going concern and using the going
concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic allernalive but to do so.
Auditor's responsibllltles for the audlt of the flnanclal statements
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from
material misstalement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance but is nol a guafantee that an audit conducted in accordance
with ISAS {UK) will always detect a material misstalemenl when it exisls. Misstatements can arise from fraud or
error and are considered material if, individually or in Ihe aggregate, they could reasonably be expected lo influence
the economic decisions of users taken on the basis ol these financial slatemenls.
The extent lo which our procedures are capable of detecting irregularities. including fraud, is detailed below.
A further description of our re5ponsibililies is available on the Financial Reporting Council's website at.. hltps'.11
www.frc.org.uklauditorsresponsibililies. This description forms part of our auditor's report.

CARERS TRUST MID YORKSHIRE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CARERS TRUST MID YORKSHIRE
Other matters
Our approach to identifying and assessing the risks of material misstatemenl in respect of irregularities. including
fraud and non-compliance with laws and regulations, was as follows-
The engagemenl partner ensured that the engagement team collectively had the appropriate
competence, capabilities and skills to identify or recognise non-compliance with applicable laws and
regulations.,
We identified the laws and regulations applicable to the company through discussions with direclors and
other management, and from our commercial knowledge and experience of the industry sector,.
We focused on specific laws and regulations which we considered may have a direct material effeci on the
financial statements or the operations of the company, including the Companies Act 2006, taxation
legislation and data protection, anti-bribery, employment, environmental and health and safety legislation.,
We assessed the extent of compliance with the laws and regulations identified above through making
enquiries of management and inspecling legal correspondence., and
Ensured laws and regulations were communicated within the audit team regularly and the team remained
alert to instances of non-compliance Ihroughoul the audit.
We assessed the susceplibilily of the company's financial slalements to material misstatement, indLtding obtaining
an understanding of how fraud might occur, by..
Making enquiries of management as lo where they consldered there was a susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud;
Considering Ihe internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations., and
Understanding the design of the company's remunerats'on policies.
To address the risk of fraud through management bias and override of controls, we.,
Performed analytical procedures to identify any unusual or unexpected relationships;
Tested journal entries lo identity unusual Iransaclions
Assessed whether judgements and assumptions made in delermining the accounting estimates sel out in
note 2 were indicative of potential bias., and
Investigated the rationale behind significant or unusual Ifansactions.
In response to the risks of irregularitie5 and non-compliance with laws and regulations, we designed procedures
which included, but were not limited to=
Agreeing financial stalemenl disclosures to underlying supporting documenlation:
Reading the minutes of meetings of those charged with governance-,
Enquiring of management as to actual and potential litigation and claims; and
Reviewing correspondence wilh HMRC, relevant regulators and the company's legal advisors.
There are inherenl limitations in our audit procedures described above. The more removed that laws and
Tegulations are from the financial transactions, the less likely it is that we would become aware of non.compliance.
Auditing standards also limil the audit procedures required to identify non-compliance with law5 and regulations lo
enquiry of the directors and olher managemenl and the inspection of regulalory and legal correspondence, if any.
Material misstalements that arise due to fraud Gan be harder to detect than those that arise from error a5 they may
involve delibeiate concealment or collusion.

CARERS TRUST MID YORKSHIRE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CARERS TRUST MID YORKSHIRE
Use of our report
This report is made solely lo the charitable company's members, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undetlaken so that we might slate to the charita￿e company's
members those matters we are required lo stale to them in an auditor's report and for no other purpose. To the
fullest exienl permitted by law, we do not accept or assume responsibility lo anyone other than the charitable
company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we
have formed.
Vlclorla Atklnson FCA {Senior Statutory Auditor)
For and on behalf of BK Plus Audit Limited. SlatutoryAuditor
Chartered Certified
52 Sl Johns Lane
Halifax
Wesl Yorkshire
HX128W
Englan
Dale..
É IL Plys Li m ) Fe.cJ
10-

CARERS TRUST MID YORKSHIRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unre5trlcted
funds
2025
Unrestricted
funds
2024
Notes
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
11,602
2,220,862
888
22,558
73,210
1,989,893
6,682
22,411
Total income
2,255,908
2,092,196
Expendltura on:
Charitable activities
2,185.380
2,266,125
Total expendlture
2,185,360
2,266,125
Nel gainsl(105sesl on investments
12
120.1171
35,981
Net Incomel{exp8nditurel and movement In funds
50,431
(137,948)
Reconclllation of funds:
Fund balances at 1 April 2024
743,592
881,540
Fund balances at 31 March 2025
794,023
743,592
The slalemenl of financial activities includes a119ains and losses recognised in the year. All income 8nd expenditure
derive fiom continuing activities.
11

CARERS TRUST MID YORKSHIRE
BALANCE SHEET
ASAT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Tanglble assets
Inveslmenls
14
15
41,506
578,562
11,281
598,679
590,068
609,960
Current a58els
Debtors
Cash al bank and In hand
16
124,840
265,096
308,340
183,800
3B9,936
492,140
Creditors: amounts falllng due wllhln
one year
17,
(185.981)
(368,508)
Net current as5et5
203,955
133,632
Total assets less current Ilabilltl85
794,023
743,592
The funds of the Charlty
Unr851rSoted funds
20
794,023
743,592
794,023
743,592
The fi
Sal sta18ments were opproved by Ihe INslees on ..
ards (Chalr)
Trustee
Gompany reglstrallon number 03472501 {England and Wales)
12-

CARERS TRUST MID YORKSHIRE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatlng activities
Cash generated froml(absorbed by)
operations
23
64.398
{284,5151
Investing actlvities
Purchase of tangible fixed assels
Investment income received
(5.6581
22,556
(7,541)
22.411
Net cash generated from investing activitles
16,898
14,870
Net cash generated from financlng activltles
Net Increasel{decreasel In cash and cash
equivalents
81,296
1269,845)
Cash and cash equivalents at beginning ofyear
183,800
453,445
Cash and cash equlvalents at end of year
265,096
183,800
13-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng policies
Charity Informatlon
Carers Trust Mid Yorkshire15 a private cornpany limiled by guaianlee incorporated in England and Vvales. The
registered office is Unit 9 Shaw Park, Silver Street, Moldgreen, Huddersfield, West Yorkshire. HD5 9AF.
1.1 Accountlng convention
The financial statements have been prepared in accordance with the Charity's governing document, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic ol
Ireland" and the Charities SORP "Accounting and Reporting by Charities-. Statement of Recommended
Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) The Charity is a PubliG Benefit Enlily as defined by
FRS 102.
The financial slalemenls are prepared in steiling. which is the funclional currency of the Charity. Monelary
amoun15 in these financial statements are rounded lo the neare51 £.
The financial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of freehold properties and lo include investment properties and certain financial instruments at fair
valuel. The principal aGGounting policies adopted are set out below.
1.2 Going concern
At the lime of approving the financial slalemenls, the trustees have a reasonable expectation that Ihe ChaTiIy
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial slalements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretlon of the trustees in furtherance of their chaTltable
objectives.
Reslricled funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricled funds are set out in the notes to the financial statements.
Endowment funds are subject lo specific conditions by donors that the capilal musl be fflaintained by the
Charity.
1.4 Income
Income is recognised when the Charity is legally entitled lo il after any performance conditions have been
met, the amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognised on receipt. Olher donations are recognised once the Charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation lo donations received under Gift Aid or deeds of covenant is recognised at the lime of the donation.
Legacies are recognised on receipt or olhemise if the Charily has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
14-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accou ntlng policies
Icontlnued)
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a
third party, il is probable that a transfer of economic benefits will be required in selllement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The Gosts of each activity are made up of Ihe tolal of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity. Direct Costs atlribulable to a single
activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable lo a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central slaff costs are allocated on the basis of time spenl, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairmenl losses.
Depreciation is recognised so as lo write off the Cost or valuation of assets less their residual values over their
useful lives on the following bases..
Leasehold improvements
Plant and equipment
Fixtures and fillings
Over the remaining life of the lease
250kn on cost
20¥0 on cost
The charity has a capilalisation policy of capilalisng asset purchased costing in excess of £500
1.7 Flxed asset Investments
Fixed asset investments are initially measured at transaclion price excluding transacllon costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
incomel(expenditurel for the year. Transaction costs are expensed as incurr&d.
1.8 Impalrment of flxed assets
At each reporting end dale, the Charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impaiiment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order lo determine Ihe extent of the impairment
loss {if any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held al c811 with banks, other short-term liquid
investmen15 with original maturities of three months or less, and bank overdrarts. Bank overdrafts are shown
within borrowings in current liabilitie5.
1.10 Financial instruments
The Charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Financial Instrumen15 Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charily's balance sheet when the Charity becomes party to the
contractual provisions of the instrumenl.
Financial assets and liabilities are offset, wilh the net amounts presented in the financial stalemenls, when
there is a legally enforceable right lo set off the recognised amounts and there is an intenlion to settle on a net
basis or lo realise the asset and setlle the liabilily simultaneously.
15-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcies
{Continued)
Basic financlal assets
Basic financial assets, which include deblors and cash and bank balances, are initially measured at
Iransaclion price including transaction cosls and are subsequently carried at amortised cost using the effective
interest method unless the arrangernent conslilutes a financing transaction, where the transaction is
measured al the present value of the fulure receipts discounled at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement constilules a financing transaction, where Ihe debt instrument is measured al the present
value of the future payments discounted al a market rale of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rale method.
Trade creditors are obligations lo pay for goods or services that have been acquired In the ordlnary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
y8ar or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognltion of flnancial liabilitles
Financial Ilabililies are derecognised when the Charity's contractual obligations expire or are discharged or
cancelled.
1.11 Employee beneflts
The cost of any unused holiday entillemenl is recognised in the period in which the employee's services 8re
received.
Termination benefits are recognised immediately as an expense when the Charity 15 demonstrably commilled
lo terminate the employment of an employee or to provide lerminalion benefits.
1.12 Retlrement beneflts
Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critlcal accountlng estlmates and judgements
In the application of the Charity's accounting policies, the trustees are required lo make judgements,
estimates and assumptions abotjl the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from Ihese eslimales.
The estimates and underlyirsg assumplions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recogni5ed in the period in which the estimate is revised wheie the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
16-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacies
Unrestricted
funds
2025
Unrestricted
funds
2024
Donations and gifts
Grants
6,562
5,040
8,454
64,756
11,602
73,210
Donations and gifts
Donations
Other
4,437
2,125
3,279
5,175
6,562
8,454
Grants
Making Carers Count
5,040
64,756
5,040
64,756
Income from charitable actlvltles
Unrestrlcted
funds
2025
Unrestrlcted
funds
2024
Provision of care servlces
Income from provlsion of services
2,220,862
1,989,893
Income from other trading actlvltles
Unrestricted Unrestricted
funds
funds
2025
2024
Fundraising events
888
6,682
17-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from investments
Unrestrlcted Unrestrlcted
funds
funds
2025
2024
Investment income
Interest receivable
19,990
2.566
19,601
2,810
22,556
22,411
Expendlture on charltable activlties
Provlsion of ProvSslon of
care
care
services
seTvlces
2025
2024
Direct costs
Staff costs
Depreciation and impairment
Insurance
Light and heat
Telephone
Postage ancl slalionary
Sundries and bank charges
Rent and room hire
Repair5 and maintenance
Cleaning
Computer repairs and maintenance
Advertising incl. staff recruitment
TTalning
Motor and travel expenses
Bad debts
Legal and professional
Management development
Accounlancy Fees - BNA
1,857,113
5,435
11,346
14,679
24,507
5,612
14,818
41,950
5,202
3,600
50,115
22,737
8,968
80,372
1,857,439
11,416
15,817
15,811
21,244
6,643
22,821
41,520
8,471
3,753
54,051
24,171
17,542
60,298
21,176
27,936
781
29,969
7,755
5,008
2,159,217
2,240.859
Share of support and governance costs (see note 8)
Support
26,143
25,266
2,185,360
2,266,125
Analysis by fund
Unrestricted funds
2,185,360
2,266,125
18-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to activities
2025
2024
Auditors, remuneration
National care Standard Registration
Association of Carers Trust Fee
8,176
8,819
9,148
7,700
8,747
8,819
26,143
25,266
Analysed between:
Provision of care setvices
26,143
25,266
Net movement In funds
2025
2024
The net movement in funds is staled after chargingl(crediling)-
Fees payable for the audit of the charily's financial statemenls
Depreciation of own8d tangible fixed assets
5,435
11,418
10 Trustees
The previous Chalr of the trustees, A J A Hill was paid £37.323 for services as Interim CEO and these
amounts are included in wages and salaries for the ended 31st March 2025 and £14.093 for the year ended
31st March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31st March 2025 nor for the year ended 315t
March 2024,
11 Employees
The average monthly number of employees during the year was-.
2025
Number
2024
Number
Care Services
Management and Administration
Emergency Services
101
16
117
21
Total
120
142
19-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employees
Icontln ued}
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
1.722,481
108,602
26,050
1,733,460
100,113
23,866
1,857,113
1,857,439
There were no employees whose annual remuneration was more than £60,000.
Remuneratlon of key management personnel
The remuneration of key managemenl personnel was as follows..
2025
2024
Aggregale compensation
246,794
221,905
They are now identified as Chief Executive, Interim Chief Executive, Registered Manager, Development &
Care Manager, HR & Training Manager and Finance Manager; the latter being undertaken as a job share until
a subslanlive replacement was recruited in May 2024.
12 Galns and losses on Investments
Unrestricted Unrestrlcted
funds
funds
2025
2024
Gainsl(Iosse5) arising on:
Revaluation of investments
(20,1171
35,981
13 Taxatlon
The charily is exempt from taxation on its aclivilies because all ils income is applied for charilable purposes.
20-

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Tangible fixed assets
Leasehold
Improvèments
Plant and Fixtures and
equlpment
fittings
Total
Cost
At 1 April 2024
Additions
42,911
2.400
32,806
10,776
3,258
86,493
5,658
At 31 March 2025
45,311
32,806
14,034
92,151
Depreclatlon and Impalrment
At 1 April 2024
Depreciation charged in th8 year
36,587
1,941
29,643
2.460
8,980
1,034
75,210
5,435
Al 31 March 2025
38,528
32,103
10,014
60,845
Carrylng amount
At 31 March 2025
6.783
703
4,020
11,506
Al 31 March 2024
6.324
3,162
1,795
11,281
IS Fixed asset Investments
Llsted
Investments
Cost or valuation
At 1 April 2024
Valuation Changes
598,679
(20,117)
At 31 March 2025
578,562
Carrylng amount
Al 31 March 2025
578,562
At 31 March 2024
598,679
21

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Is Flxed asset Investments
Icontinued)
2025
2024
Investments al fair value comprise..
Valuation in 2021
Valuation in 2022
Valuation in 2023
Valualion in 2024
Valuation in 2025
Cost
46,747
47,356
(45,426)
35,981
(20,1171
514,021
{46,747)
147,356)
(45,426)
35,981
514,021
578,562
598,679
16 Debtors
2025
2024
Amounts falllng due withln one year:
Trade debtors
Other debtors
Prepayments and accrued income
87,300
9,008
28,532
285,896
4,506
17,938
124,840
308,340
17 Credltors: amounts falllng due wlthln one year
2025
2024
Notes
Other taxation and social securily
Deferred income
Trade creditors
Other creditors
Accruals
17,674
36,000
19,566
101,529
11,212
18,735
184,109
26,842
121,122
7,700
18
185,981
358,508
18 Deferred Income
2025
2024
Other deferred income
36,000
184,109
Deferred income is included in the financial statements as follows=
-22_

CARERS TRUST MID YORKSHIRE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Deferred income
(Continued)
2025
2024
Deferred income is included within:
Current liabilities
36,000
184,109
Movements in the year-.
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
184,109
(148,109)
171,771
12,338
Deferred income al 31 March 2025
36,000
184,109
19 Retlrement b8neflt schemes
2025
2024
Oeflned contrlbution schemes
Charge lo profil or loss in respect of defined contribution schemes
26,050
23,866
The Charity operates a defined contribution penslon scheme for all qualifying employees. The assets of the
scheme are held separately from those of the Charily in an independently administered fund.
20 Unrestflcted funds
The unrestricted funds of the ¢harily comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how Ihey may be used. These include
designated funds which have been set aside out of unreslricled funds by the trustees for specific purposes.
Galns and At 31 March
losses
2025
At 1 Aprll
2024
Incoming Resources
resources
expended
General Fund
Designated Redundancy Fund
Designated Fund -
Beareavement and Emotional
Support
569,107
172,000
2,255.908
(2.185,360)
(20,117)
619,538
172.000
2,485
2,485
743,592
2,255,908
(2,185,360)
120,117)
794,023
-23-