Charity registration number 1071850 (England and Walesl
Company registration number 03485330
WORCESTERSHIRE ASSOCIATION OF CARERS
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

WORCESTERSHIRE ASSOCIATION OF CARERS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr David Mann
Mr David Sullivan
Ms Clare Taylor
Ms Ann Harrison
Ms Michelle Lovett
Mrs Catherine Whittall (Cfropted)
Mrs Paramdeep Bains (Co-opted)
Mr Keilh Smith (Co-opted)
(Appointed 8 November 2024)
(Appointed 8 November 2024)
Charity number
1071850
Company number
03485330
Registered office
Gf Suite 2 Polysec House
Blackpole Trading Estate West
Hindlip Lane
Worcester
Worcestershire
WR3 8TJ
Auditor
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ

WORCESTERSHIRE ASSOCIATION OF CARERS
CONTENTS
Page
Chair's Report
Trustees, report
2-10
Independent auditor's report
Statement of financial activities
14
Balance sheet
15
Slalement of cash flows
16
Notes to the financial statements
17-31

WORCESTERSHIRE ASSOCIATION OF CARERS
CHAIR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
It is with great pleasure that I commend this annual report to you. The year has been an eventful one with significant
changes in the macro-environmenl. With government changes in the UK and the USA, the impact of global con11icts.
the significant uplift in national Insuran￿ payments and the tightening on local govemmenl fvnding streams all
havtng a kno(* on eff¢rt on local tharitip? wntinue to d¢J.iver their strategies.
As a local charity delivering SUPPOrt for unpaid Carers in Worcestershire. WAC has had io be flexible in this
changing environment. To this end the Board has been working with the senior leadership team to continue to
evolve WAC'S strategy to take account ot, 2nd change, given these extemal challenges.
Unpaid carers have been affected by the rise in the cost of living and the squeeze on benefits available, while the
finaniial pressures on lo￿1 authorities has meant a reduction in available services and adult care support, making
WAC a crucially important support system for unpaid carers. ThE trend continues to be for increasingly complex
needs and situations being presented to staff and il is clear that need far outstrips available resourcing. Staff
continue to manage these pressures but there are continuing concerns about tha impact on them and their well
being.
The strategic themes have been reviewed and we will continue to drive to be SLtstainable and fLrture fit, deliver
effective communication, and continue to deliver strong and collaborative partnerships. How we approach these and
implement these stralegic themes WFII evolve given the climate WAC and unpaid carers are working in.
There are opportunities to be explored using Al to P051tively support productwity through easing the burden of
administration and allowing for more time with unpaid carers. In addition unrestricted fijnds will be secured in order
to fund activity that can widen ￿e scope of WAC'S support for unpaid carers. And advantage will be tsken from the
excellent work that continues on the Accelerating Refom Fund project.
Despite the challenges. the year has also seen a number of achievements, highlighted In the Impact Repcrt. The
majority of objectives set for the year have been achieved, and INAC'5 Positive profile continues as a result of strong
partnerships with others.
WAC continues to be proud of the seNices it deliveF5 and the Innovations it ideniifie$ to improve the support for
unpaid carer5. None of the achievements OLrtlined in the Annual Report wryuld have been possible wthoul the
dedication and commitment of our CEO: Karen Edwards, her senlor leadership team, and the staff and volunteers,
for which we are very grateful.
Our Chair, Diana Fulbrook stepped down at the end of March 2025 and all the Trustees and WAC Senior
Leadership Team would like to Ihank her very much for the dedication and guidance Diana has given over her
seven years Df service.
Thanks also go to the Trustee Board who give ol their time freely to support WAC. All are passionate in their desire
to support unpaid c2rers and bettertheir Circumstan￿$.
2024125 has been a year of changes that have brought challenges that WAC, thrDugh Karen Edwards guidance and
leadership, have Su￿ssfUllY negotiated and I look forward to continuing to report on a thriving and effecttve
organisation nexi year.
Dawd Sullivan
Chair of the Worcestershire Association of Carers Board of Tn￿tee5
Date: .

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their Annual Report and financial stalements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's goveming document, the Companies Acl 2006 and "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)"
(effective 1 January 2019).
Objectives and activities
Wision
'Every unpaid carer to be valued and empowered and to have access to personalised and high-quality support.
living in carer friendly communities,
Mission Statement
To enable Carers to make informed choices through giving expert advice, information and support and to promote
recognition of Carers by Servi￿ providers and communities.
Strdtegic Aims:
Four strategic themes were agreed to deliver Worcestershire Association of Carer's charitable objectives for the
2024-25 financial year. These were..
l.To remain sustainable and future fit
2. To deliver effective communications
3. To develop and grow strong collaborative partnerships
4. To make unpaid carers the priority
Monitoring of these themes is carried out on a quarterly basis at full Board meetings supported by two sub
committees.
Public benefjt
'For the public benefit, to relieve stresses experienced by Carers and people with physical. mental or sensory
impairment within the family or home in Worcestershire, through the provision of information and support services
and promotion of the needs of Carers. (from the Memorandum of Association of Worcestershire Association of
Carers)
Trustees have paid due regard to guidanGe issued by the Charity Commission on public benefit when planning the
strategy and activities of the charity. Our business plan sets out how we will achieve our objectives, vision and
mission.

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and perfomiance
We are pleased to remain a valued local partner, working closely with bolh statutory and other voluntary
organisations to secure support for carers and their communities in Worcestershire and beyond. A key example of
Ihis is the Accelerating Refomi Fund project, slarted in 2024 and continuing into this year. 11 demonstrates whal can
be achieved in true partnership and has delivered a long wished for opportunity to explore and potentially mitigate
some of the issues experienced by carers regarding hospital discharge.
At the same time, the external landscape remains volatile and challenging. During the year a major local charity,
close in size and scope to us. went under., a sobering indicator of the current funding climate. We have ourselves
experienced very late payments of some funds. stretching our financial and resource planning to our limits. Funding
at all levels of government remains acute, wilh knock on effects for charities, their services and the welfare support
available to individuals.
At our annual Away Day, we were able to report achieving most of our plans. Those things that we couldn't deliver
were largely due to external drivers beyond our control. For example, the expense and resources needed to achieve
some cyber accreditations, which sets requirements that are extremely hard for charities to achieve without, for
example, providing laptops and phones for all their volunteers. We can show we work to a high standard. and have
implemented robust policies and practices, aided by our external IT consultants. In limes of scarce resources. we've
made clear decisions about what is prudent and safe to do.
Despite all these challenges and the complexity of the situations we are dealing with, we remain proud of what we
have achieved. To support carers and their communities we:
Held a database of 15,594 carers, and directly supported 3048 during the year, excluding newsletters and
mailouts.
Provided the Carers Hub helpline
Published regular editions of Caring News- the final issue in the year reached 14,814 carèrs and 395
professionals.
Issued 398 Carers Emergency Cards which meant if anything happened lo the carer, there was infomalion
available to ensure that the person they cared for was safe and looked after. A total of 4081 cards were in
issue at year end.
Provided a wide range of information and training sessions for Carers. in person and online.
Supported carers through the volunteer supported telephone befriending service
Signposted and referred carers to a wide range of organisations or services
Worked with w0￿stershIre County Council {WCC) Commissioners and the Public Health team to inform
the delivery of the County's Carers strategy
Worked closely with a wide range of local employers through CFEN (our Carer Friendly Employer Ne￿ork)
to improve carer awareness. recognition and support for working carers. Recently hosted a Chamber of
Commerce webinar on new mandatory unpaid carers leave legislation for working carers with over 35
employers attending.
Provided Social Prescribing across all Reddilch GP Practices. 892 referrals were received.
Continued to provide an Employee Assistance programme for staff

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Facilitated the carer-led Carers Partnership which continued its work overseeing the Worcestershire Carers
Strategy and ensuring Carers have a voice in decisions affecting them
Supported Carers to have their say on a range of strategic and other forums, including the-
Carers Partnership
All Age Carers Strategy Action Planning Group
Learning Disabilities Partnership Board & Sub-Groups, including the Right Support for Carers, sub-
group which recognises that carers of people with learning difficulties face particular challenges
and the need to ensure the voice of these Carers continues to be heard
LeDeR Priority Action Group
All Age Disabilily Strategy
Autism Partnership Board
Dementia Strategy Group
Worcestershire Safeguarding Adulls Board
Carers Safeguarding Reference Group
Herefordshire & Worcestershire Integrated Care System Carer Referen￿ Group
Herefordshire & Worcestershire Health & Care NHS Trust Equality Advisory Group
Facilitated the Carers Action Worcestershire {CAW) consortium which aimed to bring together
independent organisations in Worcestershire with an interest in Carers.
Worked closely with partner organisations, within the voluntary and communily. privale and public seclor, to
raise av•areness of the needs of Carers to help us reach more Carers and improve carer access lo our
services.
Supported Worcestershire Parent Carer Forum (previously Families in Partnership) acting as their fiscal
host.
An active member of the Worceslershire VCSE Alliance Forum, the ICS Academy VCSE Faculty group and
the Healthwatch Worcestershire Board.

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Sustainability and Funding
In pursuit of these ain￿ we
Maintained our good relationships with statutory partners induding Worcestershire Council, the ICB and
Health partners.
Successfully moved to a fully cloud based IT provision. This has overcome a few key operational issues
relating to cyber security and the operating speed of our internal systems.
Reviewed our income generation and fundraising slralegy, developing a pipeline of opportunities and
business possibilities. As always work to keep the charity running is essential. Diversification and
generating non-restricted funding is vital to Worcestershire Association of Carers future. We have continued
to look for support for both our charitable activities and for development funding to enhance our activities
and work to a position where we are less reliant on public sector contracts.
Completed implementation of a full cost recovery financial model, enabling us to make clearer strategic
decisions about our finances and the services they support.
Worked as a partner with Carers Trust. including as part of the Quality Reference Group and on the pilot
phase of the Virtual Carers Centre, which will ultimately provide a comprehensive self-help option for carers
Our primary funding source for the year was Worcestershire County Council, from whom £720,645 was
received to deliver the Worcestershire Carers Hub and Carer Reviews.
We continued to deliver Social Prescribing and Lifestyle Advice services in Redditch Nightingales and
Kingfisher Primary Care Networks, with the Social Prescribing service.
As part ofthe Herefordshire and Worceslershire Community Mental Health Transformation programme, we
extended our specialist support to Carers who have or are Caring for a loved one experiencing severe or
enduring mental ill health to the whole County
Our retail shop, with a new manager in post. is building its capacity to contribute to our unrestricted funding.
Community fundraising activities were run on a small scale during the year. We were very grateful for a
number of unsolicited donations which enabled us to run additional activities for Carers
We continued to apply for grants for both unrestricted and project funding. Grants were obtained from..
Carers Trust
Sanctuary Group
Fernhill Heath Baplist Church
Grateful thanks go to all the organisations, companies and individuals who have given grants, gift5 or donations and
raised vital funds for Worcestershire Association of Carers during the year.
The charily adheres to the Fundraising Standards Board 'Code of Fundraising Practice.. No professional fund-raiser
or commercial participators have been used in the last year. and there are currently no plans to use them in the
¢urrenl year. No complaints were received about fvndraising during the year

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
OtherActivities
Recruited new Truslees to fill identified skills gaps
Identified trustee training needs and refreshed the Trustee induction programme
Quality standards
We held the following standards-.
Carers Trust Excellence for Carers
Cyber Essentials
Trusted Charity
Worcestershire Vvorks Well
Disability Confident Employer
We conduct proud audits of the statutory work we undertake on behalf of Worcestershire County Council
and this feeds into their quality and performance management framework.

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Ourvolunteers
Worceslershire Association of Carers welcomes the support of volunteers and the charity is enriched by the
diversity that volunteers bring. They add their qualities. skills and experience to those of Ihe staff. Volunteers may
learn new skills and feel more involved with their community.
Volunteers undertake a range of roles including acting as trustees, supporting our shop, making regular 'keep in
touch, calls to carers, and facilitating carer groups around the county.
Plans for the future
Following a full strategic review in 20234, during 2024-5 task and finish groups were set up lo focus on key areas
of work. For example, the end of the current shop lease coincided with reaching a key VAT threshold. Following
options analysis it has been decided to continue trading, requiring the setup of a trading arm.
We also recognised that Worcestershire Association of Carers has become a considerably different organisation
since ils formation over 27 years ago and we want to ensure that the people and communities we support
understand the range of our servi￿$ and where to come to for help and advice. 2025-6 will therefore see a new
website and work to modernise our brand. while keeping carers al the core ofwhat we do.
Our strategic priorities for 2024-2027 have been agreed as:
To remain sustainable and future fit
2. To deliver effective communications
3. To develop and grow strategic priorilies
4. To make unpaid carers the priorily
We have not significantly changed our strategic plans however some emphases have shifted, for example towards
exploring the use of new technologies.
An operational plan identified the key activities that will achieve these outcomes, and is updated annually.
Progress against priorities is monitored by the Board and sub-committees and will be reported on in the next
Trustee Annual Report.

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
Financial Position
During the year the organisation had net income for the year of £274,500 (2024 - net deficit of £39.184). Reserves
of £601,169 (2024- £326,669) were made up of £400,069 (2024 - £141,077) restricted funds and £201,100 (2024-
£185,592) unrestricted funds.
Reserves Policy
During the last year WAC has carried out a detailed review of ils ReseNes policy and made amendments to ensure
that the level of reserves contain sufficient funds to ensure that all contingent liabilities are covered. The reserves
policy takes into account both the financial commitments to existing projects and notice periods from our funders,
which at the present time equates to three months. The broad headings for the items covered in the calculation are:
Potenlial costs of winding down operations
Potential costs for exiting Retail operations
Business as usual costs to cover a minimum of three months operating costs
Contingency costs for Capilal expenditure
As at 31 March 2025, as a result of the detailed calculation, the required level of reserves stood at £67,819 against
the actual level of £167,475 free reserves, so there is currently no shortfall in the organisation's reseNes.
This calculation is reviewed regularly and discussed at both Financial Sub Committee and Board meetings. In the
event of any significant shortfall detailed plans will be put in place to ensure the reserves are replenished. The aim
of the reserves policy is to maximise progress towards meeting our objectives whilst balancing the need for
continuity and consistency of the work undertaken by WAC.
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by
guarantee. as defined by the Companies Act 2006
Governance
The Board of Directors and Trustees has overall responsibility for directing the work of the Association. The Chief
Executive reports to the Board.
The Trustees, who are also the direclors for the purpose of company law, and who served during the year and up to
the date of signature of the financial Statements were-.
Mrs Diana Fulbrook
(Resigned 31 March 2025)
Mr David Mann
Mr Colin Archer
Mr David Sullivan
Mrs Miranda Peel
Ms Clare Taylor
Miss Berenice Brown
Mr Srinivas Koduri
Ms Ann Harrison
Ms Michelle Lovett
Mrs Catherine Whittall (Co-opted)
Mrs Paramdeep Bains {C¢>OPted)
Mr Keith Smith (Co-opted)
(Resigned 31 July 2025)
(Resigned 20 September 2024)
(Resigned 18 March 2025)
(Resigned 30 June 2025)
(Appointed 8 November 2024)
(Appointed 8 November 2024)
Selection of Directors and Trustees
Appointments are made by election at the Annual General Meeting following requests for nominalions from
members up to a maximum of ￿e1Ve. The Board can co-opt up to a further members during the year.

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Qualifying third party indemnity provisions
The Article5 of Association of the charity include a provision that (subject to the exemption5 required by the
Companies Act) no Trustees or other officers of the company shall be liable for any losses of Ihe charity, except in
instances of fraud or wilful wrong doing.
Responsibilities of Trustees
Role descriplions have been produced for all Trustee roles based on Charity Commission Guidance and these were
last reviewed in 2020. Performance against responsibilities is monitored by the Chair through annual appraisal
meetings with Trustees.
The Association also has a Trustee Link scheme in place. The central purpose of a Truslee Link is to provide
Trustees with the opportunity lo gain a grealer insight into specific WAC activities. Thi5 will help to inform Truslees
when contributing lo strategic decisions.
More specifically. WAC recognises that the benefits to linking Trustees with areas of WAC activities include=
Extending Trustees. knowledge of staff and the breadth of WAC activity
Familiarising Trustees with Ihe Association's physical environment
Providing an opportunity for staff and volunleers to meet informally with Trustees
Helping Trustees to develop in-depth knowledge of areas of WAC activities (including quality issues
and targets)
Allowing Trustees to Use their skills and experience to benefit the Association direcuy in specific areas
In addition, the Association has named Trustees responsible for Whistleblowing and Complaints.
Policy for training Trustees
On appointment, Trustees go through a documented induction programme Covering all areas of responsibility.
Trustees are appraised annually by the Chair and development needs are identified as part of that process. Board
and individual development needs are summarised in a report lo the Board and the CEO and Chair produce
training and development plan. Truslee meetings which take Pla￿ be￿een Board meetings are also used as an
opportunity to develop Trustees. The Board also carries out an annual self-assessment of governance against
Charity Commission standards, and any training and development needs identified are included in the governance
a¢tion plan.
Management
The Trustees delegate Ihe day-to-day management, Ihe development of strategy and overall leadership of the
harity to the Chief Executive. The remuneration of key management personnel is set by the Board of Trustees.
Senior managers ofthe Association=
Chief Executive offi￿r- Karen Edwards
Service ManagerlDeputy CEO- Mel Smith
Finance Manager- Natasha Davies
Members - 1st April 2024 to 311Jt March 2025 - At the end of March 2025 mernbership stood at 1,787 members.

WORCESTERSHIRE ASSOCIATION OF CARERS
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Risk Management
The Trustee Board regularly monitor and review the operational and financial risks to which the Chamty might be
exposed, through the corporate Risk Register. The register identifies the main areas of risk. their likelihood and
impacl on the Charity.
The main risks to WAC. as identified by the Trustees are:
Carer numbers- Carers needs not being met by not using WAC Servi￿5, due to lack of awareness or our
coverage a￿O$S the county.
Quality Service Provision- Insufficient staff or volunteer levels could mean we are not able to deliver high
quality servi￿S.
Policy influence - having a lack of influence over policies affecting carers and planning of swices could
lead to a poor level of Service.
Resources - losing major contracts and having insuffic4ent resources could mean we fail to deliver services
to Carers,
Sustainable Future- WAC needs to ensure its future through in¢ome generation.
Govemance - the organisation needs to ensure it has strong govemance and effective leadership and
sU￿s￿On planning.
Tru5lees are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
ststement of Trustees, respon5ibilitie5
The Trustees. who are also the directors of Worcestershire Assoaation of Carers lor the purpose of company law.
are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praolicej.
Auditor
In accordance with the Company's articles, a resolution pr¢posing that Qmierod Rutter Limited be reappointed as
audttor of the company will be put at a General Meeting.
The Trustees, report was approved by the Board of TtU5tees.
Mr David Sullivan
Trustse
Date..
LG: 01..èo.aE..............
10-

WORCESTERSHIRE ASSOCIATION OF CARERS
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF WORCESTERSHIRE ASSOCIATION OF CARERS
Opinion
We have audited the financial statements of Worcestershire Association of Carers (the 'charily'l for the year ended
31 March 2025 which comprise the statement of financial activities. the balance sheel, the statement of cash flows
and notes lo the financial statements, including significant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 The Financial Repothng Standard applicable in the UK and Republic of Ireland
{United Kingdom Generally Accepted Accounting Praclice).
In our opinion, the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its
incoming resources and application of resour￿$, for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice..
and
have been prepared in accordance with the requirements ofthe CompaniesAct 2006.
Basis for opinion
We conducted our audit in accordance wilh International Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of
the financial statements section of our report. We are independent of the charity in accordance with Ihe ethical
requirements thal are relevant to our audit of the financial statements in Ihe UK. including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concem
In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of
ac¢ounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going
concem for a period of at least twelve months from when the financial statemenls are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
other information
The other information comprises the information included in the annual report other Ihan the financial statements
and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not covei the other information and we do not express any form
of assurance conclusion thereon. Our responsibility is lo read the other infomiation and. in doing so. consider
whether the other information 15 materially inconsistent with the financial statements or our knowledge obtained in
the course of the audit, or otherwise appears to be malerially misslated. If we identify such material inconsistencies
or apparent material misstalements, we are required to delermine whether this gives rise lo a malerial misstatement
in the financial statements themselves. If. based on the work we have performed, we conclude that there is a
material misstatement of this other information, we are required to report thal fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulation5 2008 requires us lo report to you if, in our opinion-
the information given in the financial statements is inconsistent in any material respect with the Trustees,
report., or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accounting records; or
we have not received all the information and explanations we require for our audit.
11

WORCESTERSHIREASSOCIATION OF CARERS
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF WORCESTERSHIRE ASSOCIATION OF CARERS
Responsibilities of Trustees
As explained more fully in the stalement of Trustees, responsibilities, the Trustees, who are also the directors of Ihe
charity for the purpose of company law. are responsible for the preparation of the financial statements and for being
satisfied that they give a true and fair view, and for such internal control as the Trustees determine is ne￿SSary to
enable the preparation of financial slalements that are free from material misslatemenl. whether due to fraud or
error. In preparing the financial stalemenls, the Trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters relaled to going concern and using the going
oncern basis of accounting unless the Trustees either intend to liquidate the charitsble company or to cease
operations, or have no realistic alternative but to do so.
Auditorfs responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulations made or having effect Ihereunder.
Our objectives are to obtain reasonable assurance about whether the financial slatements as a whole are free from
material misstatement. whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always delect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregale, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
The extenl to which our procedures are Capable of detecting irregularities, including fraud, is detailed below.
Based on our understanding of the charitable company, we identified the principal risks of non-compliance with laws
and regulations including those that have a direct impact on the preparation of the financial statemenls and the
extent to which non-complian￿ might have a material effecl on the financial stalements. Audit procedures
performed included discussions with management. review of board meeting minutes. testing of journals, designing
and performing audit procedures and challenging assumptions and judgements made by management in relation lo
accounting estimates.
There are inherent limitation5 in the audit procedures described above. We are less likely to become aware of
instances of non-compliance with laws and regulations that are nol closely related to events and transactions
reflected in the financial statements. Also, the risk of not detecling a material misstatement due to fraud is higher
than the risk of not detecting one resulting from error. as fraud may involve deliberale concealment by, for example.
forgery or intentional misrepresentations. or through collusion.
A further description of our responsibilities is available on Ihe Financial Reporting Council's website at.. https:11
www.frc.org.uklauditorsresponsibilities. This description forms part of our audilor's report.
12-

WORCESTERSHIRE ASSOCIATION OF CARERS
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF WORCESTERSHIRE ASSOCIATION OF CARERS
Use of our report
This report is made solely to the charity's trustees. as a body, in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate lo the charity's trustees
those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent
pemiitted by law. we do not accept or assume responsibility to anyone other than the charity and Ihe charity's
trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Colm McGrory FCA Isenior Statutory Auditor)
for and on behalf of Orn)erod Rutter Limited
A.l!ola025
Chartered Accountants
ststutory Auditor
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
13-

WORCESTERSHIRE ASSOCIATION OF CARERS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Totsl
2025
2024
Notes
Income from:
Donations and legacies
Charitable aclivities
Other Irading activities
Investments
4,846
2,774
88,277
7.538
4,846
1,403,193 1,405,967
88.277
7,538
4.938
4,938
20,108 1,221,233 1,241,341
81.112
81,112
5,139
5,139
Total income
103.435 1,403.193 1,506,628
111,297 1,221,233 1.332.530
Expenditure on:
Raising funds
Charitable activities
85,667
2,260 1,144,201
85,667
1,146,461
74.897
54.911
74,897
1,241,906 1,296.817
Total expenditure
87,927 1,144,201
1.232.128
129.808 1,241,906 1,371,714
Net in¢omel(expenditure)
15,508
258,992
274,500
(18.511)
(20.673)
(39.184)
Transfers be￿een
funds
(5,773)
5,773
Net movement in
funds
10
15,508
258,992
274.500
(24,284)
(14,900)
(39,184)
Reconciliation of funds:
Fund balances at 1 April 2024
185.592
141.077
326,669
209,876
155.977
365,853
Fund balances at 31 March
2025
201,100
400,069
601,169
185.592
141,077
326,669
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies Wlth the requirements for an income and expenditure accounl
under the Companies Act 2006.
14-

WORCESTERSHIRE ASSOCIATION OF CARERS
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Note5
Fixed assets
Tangible assets
14
13,628
25.059
Current assets
Debtors
Cash at bank and in hand
15
91,921
566,227
139.507
230.677
658,148
370.184
Creditors: amounts falling due within
one year
46
(66.607)
(65,409)
Net current assets
591,541
304,775
Total assets less current liabilities
605,169
329.834
CredStors: amounts falling due after
more than one year
17
(4,000)
(3,165)
Net assets
601,169
326,669
The funds of the charity
Restricted income lunds
Unrestn'cted ftjnds
19
20
400,069
201,100
141.077
185.592
601.169
326.669
The company is entiued to the exemption from the audit requirement contained in section 4T1 of the Companies Ad
20C6, for the year ended 31 March 2D25.
The directors ackn￿edge their responsibilities for complying the requirements of the Companies Ac* 2006
with respect to a￿oUnting records and the preparation of finanrial statements.
The members have not required the company to obtain an audit of its financjal statements under the requirements
of the Companies Ad 2006. for the year in question in accordance wtlh section 476.
These financial statements have been prepared in accordance wlih the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the TTUStees on ..
.1&: oq. 2015
Mr David Sullivan
Trustse
Company registration number 03485330 (England and Wales)
15-

WORCESTERSHIRE ASSOCIATION OF CARERS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activities
Cash generated froml(absorbed by)
operations
24
331,864
(2,8741
Investing activities
Purchase of tangible fixed assets
Investment income received
(3,8521
7,538
(12,402)
5,139
Net cash generated fromllused in) investing
activities
3,686
(7,2631
Net cash generated from financing activities
Net increaselldecrease) in cash and Cash
equivalents
335,550
{10,13n
Cash and cash equivalenls at beginning of year
230,677
240,814
Cash and cash equivalents at end of year
566,227
230,677
16-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng policies
Charity infomiation
Worcestershire Association of Carers is a private company limited by guarantee incorporated in England and
Wales. The registered office is Gf Suite 2 Polysec House, Blackpole Trading Estate West. Hindlip Lane.
Worcester, Worcestershire, WR3 8TJ.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, Ihe
Companies Act 2006. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland. ("FRS 102") and the Charities SORP "Accounting and Reporting by Charities.. Statement of
Recommended Practi￿ applicable to charilies preparing their accounts in accordance with the Financial
Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
harity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in slerling, which is Ihe functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial slalements have been prepared under the hislorical cost convention, modified to include Ihe
revaluation of freehold properties and to include investment properties and certain financial instruments al fair
value. The prtncipal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricled funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the re51ricled funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance Conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charily has been notified
of the donation, unless performan￿ conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of Covenant is recognised at the time of the donation.
Stocks of undistributed donated goods are not valued for balance sheet purposes.
Income from government and other grants are re¢ognised at fair value when the charity has entillement after
any perf0rrnan￿ conditions have been met. it is probable thal the income will be received and the amount
can be measured reliably. If entitlement is nol met then these amounts are deferred.
Income from shop sales represents the sale of donated goods recognised at the point of sale.
17-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
{Continued)
1.5 Expenditure
Expenditure is recognised onGe there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligalion can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the lotal of direct costs and
shared costs. including support costs involved in undertaking each activity. Direct costs attribulable to a single
aclivily are allocated directly lo Ihat activity. Shared costs which contribute to more than one activity and
support Costs which are not attributable to a single activity are apportioned between those activities on a basis
consistent with the use of reSoUr￿s. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Assets costing £500 or more are capitalised as langible fixed assels and are carried at cost or valuation, net
of depreciation and any impairment losses.
Depreciation is recognised so as to wrile off the cost or valualion of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
Straight line over 5 years and 3 years
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in Order to determine the extent of the impairment
loss (rf any).
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
wilhin borrowings in Gurrent liabilities.
1.9 FinanGial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Financial Inslruments Issues. of FRS 10210 all of its financial instruments.
Financial instruments are recognised in the charity's balan￿ sheel when the charity becomes party to the
contraclual provisions of Ihe instrument.
Financial assets and liabilities are offset, with the net amounts presented in Ihe financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention lo settle on a net
basis or to realise Ihe asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost Using Ihe effective
interest melhod unless Ihe arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
18-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting poliGies
(Continued)
8asic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at Iransaction price unless
the arrangement constilules a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
wilhin one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If nol, they are presented as n0n-cu￿ent liabilities. Trade creditors are recognised inilially at
Iransaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday enlitlemenl is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when thè charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefrts.
1.11 Retirement benefits
Payments to defined conlribution retirement benefit schemes are charged as an expense as they fall due.
1.12 Leases
Rentals payable Ltnder operaling leases, including any lease incentives received, are charged as an expense
on a straight line basis over the term of the relevant lease.
Crltical accounting estimates and judgements
In the application of the charity's accounting policies. the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results May differ from these estimates.
The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in whiGh the estimate is revised where the revision affects only that
period. or in the period of the revision and future periods where the revision affects both currenl and future
periods.
Critical areas of judgement
The allocation of staff costs between individual unrestricted and restricted funds is based on Ihe estimated
split of staff time for each individual employee of the charity.
19-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacies
Unrestrictsd Unrestricted
funds
funds
2025
2024
Donations and gifis
4,846
4,938
Income from charitable activities
Unrestricted Restrictsd
funds
funds
202S
202S
Total Unrestricted Restricted
funds
funds
2024
2024
Totsl
2025
2024
Charitsble activities
Sector consultancy work
Social work placemenls
Performance relaled
grants
2,774
2,774
9,208
4.480
9,208
4.480
1,403,193 1,403,193
6,420 1,221,233 1,227,653
2,774 1,403,193 1,405,967
20,108 1,221.233 1,241,341
Perfomiance related grants analysis
2025
2024
Worcestershire Counly Council
NHS Herefordshire and Worcestershire Clinical Commissioning Group
Accelerated Reform Fund
Sanctuary Housing
Redditch Borough Council
VSCE Alliacne
Social Prescribing Redditch Projecls
Worcestershire Children First- Families In Partnership
Lifestyle Advisor Redditch Projects
other
720,645
82,335
226.953
2.900
12.500
655,645
82,335
25.000
27,266
337,187
28,385
57,513
14,322
288,616
69,244
1,403,193
1,227,653
20-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Other trading activities
Unrestricted Restricted
funds
funds
Total Unrestricted
funds
2025
2025
2025
2024
Shop income
88,277
88.277
81,112
Investments
Unrestricted Unrestricted
funds
funds
2025
2024
Bank interest receivable
7.538
5,139
Raising funds
Unrestricted Unrestricted
funds
funds
2025
2024
Other Irading activities
Rent
Premises expenses
Events and marketing
Staff costs
Light and heat
Insurance
Sundry expenses
17,000
8,377
20
50,023
5,816
1.619
2.812
17,000
5,118
20
39,114
5,708
5.685
2.252
85,667
74,897
21

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charitable activities
2025
2024
Direct costs
Staff costs
Depreciation and impairment
Rent
Insurance
Utilities
Postage. stationery and office expenses
Premises and IT costs
Facililalor costs
Professional and consultancy fees
Subscriptions
Travel costs
Carers costs
Carers news
Room hire
Staff recruitment
Sundries
927.046
15.283
19,430
3,181
18,409
11,067
80,443
4,205
3,109
4,673
7.447
8.158
16,826
2,740
1,683
16,647
1,080.501
18,299
20,351
2.881
20.384
10,085
53,257
15,531
3,054
4,017
5,441
17.839
15.639
2,904
1,698
19,723
1,140,347
1,291,604
Share of support and govemance costs (see note 9)
Governance
6,114
5,213
1,146,461
1,296,817
Analysis by fund
Unrestricted funds
Restricted funds
2,260
1,144,201
54.911
1,241,906
1,146,461
1,296,817
Support costs allocated to actlvltles
2025
2024
Govemance cosls
6,114
5,213
Analysed befvleen:
Charitable activities
6,114
5,213
-22-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to activities
(Continued)
202S
2024
Governance costs comprise:
Auditors, remuneration
6,114
5,213
6,114
5,213
10 Net movement in funds
2025
2024
The net movement in funds is slated afier chargingl(erediting)'.
Fees payable for the audil of the charity's financial statements
Depreciation of owned tangible fixed assets
6,114
15,283
5,213
18,299
11 Trustees
None of the Trustees (or any persons connected with them) received any remuneration for Iheir services
during the year, and reimbursements were made to 1 trustee totalling £271 (2024- £432) for recruitment costs.
12 Employees
The average monthly number ofemployees during the year was..
2025
Number
2024
Number
44
53
Employment costs
2025
2024
Wages and salaries
Social security costs
other pension costs
889,003
61,556
26,510
1,019,127
70,058
30,430
977,069
1.119,615
During the year, the charity made redundancy and termination payments amounting to £2.042 (2024: £Nil)
wilh respect to 2 (2024= Nil) individual cases.
Key management personnel
The key management personnel are represented by 5 employees. The lotal employee benefits of the key
management personnel (inclusive of employers national insurance) were £168.869 (2024: £148.085).
There were no employees whose annual remL5neration was more than £60,000.
-23-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
14 Tangible fixed assets
Fixtures and
fitting$
Cost
At 1 April 2024
Additions
134,174
3,852
At 31 March 2025
138,026
Depreciation and impairment
At 1 April 2024
Depreciation charged in the year
109,115
15,283
At 31 March 2025
124,398
Carrying amount
At 31 March 2025
13,628
At 31 March 2024
25,059
15 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
36.987
3.000
51,934
86.981
7.254
45,272
91,921
139,507
16 Creditors: amounts falling due within one year
2025
2024
other taxation and social security
Trade creditors
other creditors
Accruals and deferred income
17,934
21,609
2,372
24,692
21,866
17,191
1,690
24,662
66,607
65.409
-24-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Creditors: amounts falling due after more than one year
2025
2024
Accruals and deferred income
4.000
3,165
18 Retirement benefit schemes
2025
2024
Defined contribution schemes
Charge to profit or loss in respect of defined contribution scheme5
26,510
30,430
The charity operales a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
-25-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Restricted funds
The restricted funds of the charity comprise Ihe unexpended balances of donations and grants held on trust subject to
specific conditions by donors as to how they may be used.
Movement in funds
In¢oming
R¢sour¢•s Balanco at
resources
expendod 1 April 2024
Movement in funds
Incomlng
Resources
resourc¢5
exp•nd•d
8alan¢e at
1 Aprll 2023
Transfers Balance at
31 March
2025
Integrated Carers
Hub (inc. Carer
Reviews)
16.762 655,645
(635,989) 36,418
720,645
(604,501)
152.562
Social Prescribing
20.749
337,187
{323.876) 34,060
288,616
(295,892)
26,784
Worceslershire
Parent Carer
Forum
30,343
28,385
(38,072) 20.656
69.244
(36,569)
53,331
Accelerated
Reform Fund
(ARF)
226,953
(73,918)
153,035
Herefordshire
Carers
922
(6,695)
Lifestyle Advisors
18.540
57.513
(76.053)
Community Mental
Health Team
14,824
82,335
(88,139)
9.020
82,335
(87,950)
3,405
Health Equalities
Partnership
10,010
(6,046)
3,964
(3,964}
Ills Trust
1,500
(570)
930
(930)
VCS Mental Health
Intergration
Funding
1,219
6,402
(7,621)
-26-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Restricted funds
(Continued
Movement in funds
Incoming
Resour¢•s Balance at
resources
expended 1 Aprkl 2024
Movement in funds
Incoming
Resources
r•sour¢
xpanded
Balance at
1 April 2023
Transfers Balan¢e at
31 March
2025
Redditch District
Collaborative
36,101
25,000
(38,612) 22,489
12,500
(25,340)
9,649
Transforming Care
Admissions
2.000
(2,000)
VCSE Alliance
27,266
(13,726) 13,540
(13,540)
Sanctuary Housing
1.492
(1,492)
2,900
(1.597)
1,303
Time for MEI
3,015
{3,015}
155,977 1,221,233 {1,241.906) 141.077 1,403,193 {1,144,201)
400.069
27-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Restricted funds
(Continued}
The Inlegrated Carers Hub comprises of grants re￿iVed for the purpose of supporting unpaid adult carers across
the County.
The Social Prescrtbing fvnds comprises of grants received for the purpose of providing wellbeing support for
patients registered with GP surgeries in Redditch.
w0￿SterShIre Parent Carer Forum fund comprises of a grant received for the purpose of funding a local Parent
Carer Forum which is a group of parents and carers of children wilh additional need, to make sure the seNices they
receive meets the needs of the children and families.
The Accelerated Reform Fund comprises grant funding to improve the Carer experience at discharge.
The Sanctuary Housing fund comprises of a grant received for Ihe purpose of providing heallh and wellbeing
events for carers
The Herefordshire Carers fund comprises a legacy grant received to support carers within Herefordshire.
The Lifestyle Advisors fund comprises grants received to provide a lifestyle coaching l advice service to improve
patient wellbeing within the Reddilch area.
Community Mental Health Team relates to funding received lo provide information advice and support to carers of
people with mental ill health.
Health Equalities Partnership relates to funding received to reduce inequalities by identifying and supporting carers
working in the NHS and building local partnerships to tackle health inequalities.
Redditch District Collaborative ielates to supporting the development of a health and care collaborative in Redditch.
Transforming Care Admissions is to Support Carer Voicelconlribution towards NHS aim to reduce hospital admissions
for patients with Learning Disabilities or Autism.
Empowering Carers on discharge- A project to seek and report on Carers experience of hospital discharge process for
the cared for and produce a report for the Integrated Care Board.
Time for Me - Grant funding to provide wellbeing activities for Carers
VCSE MHIGS (Voluntary, Community and Social Enterprises Mental Health Intelligence Gathering) - NHS Funding via
the VCSE alliance to utilise Community Mental Health Link Worker skills to map VCSE Mental Health services.
VCSE Alliance - Funding to expand Mental Health Link Worker project around engagement with NHS Mental Heallh
Trust
Ills Trust - Funding to deliver 3 micro respite wellbeing events
-28-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Unrestricted funds
The unrestricled funds of the charity comprise the unexpended balance5 of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2024
Incoming Resources
resources
expended
Transfers At 31 March
202S
Designated funds
General funds
20,000
165,592
20,000
181,100
103,435
(87,927)
185,592
103.435
(87,927)
201.100
Previous year:
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
Designated funds
General fijnds
20,000
189,876
20.000
165,592
111,297
(129.808}
(5.773)
209.876
111,297
(129,808)
(5.773)
185,592
-29-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Unrestricted funds
(Continued)
Designated funds:
Polysec House moving cosls - One of the beneficial effects of the pandemic has been the expansion of the
ability for WAC staff to work remotely and not necessarily require a permanent base. To that end, a cash
reserve of £20k has been designated by the Trustees in order to cover any potential move from Polysec
House into smaller premises.
21 Analysis of net assets between funds
Unrestricted
funds
2025
Restrictsd
funds
2025
Totsl
2025
At 31 March 2025:
Tangible assets
Current assetsl(liabilities)
Long term liabilities
13,628
191,472
(4,000)
13,628
591,541
14,000)
400,069
201,100
400.069
601,169
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assetsl(liabilities)
Long term liabilities
25.059
163,698
{3,165)
25,059
304.775
(3.165)
141.077
185,592
141.077
326.669
-30-

WORCESTERSHIRE ASSOCIATION OF CARERS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22 Operating lease commitments
At the reporting end dale the charity had outstanding commitments for future minimum lease payments under
non-cancellable operating lease5, which fall due as follows..
2025
2024
Within one year
Between two and five years
22,941
13,086
21,933
9,306
36.027
31,239
23 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
24 Cash generated froml{absorbed by) operations
2025
2024
Surplusl(deficit) for the year
274.500
(39.184)
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of langible fixed assets
(7,538)
15,283
(5,139)
18,299
Movements in working capital:
Decrease in deblors
Increase in creditors
47,586
2,033
14.986
8.164
Cash generated froml(absorbed by) operations
331,864
(2,874)
25 Analysis of changes in net funds
The charity had no material debt during Ihe year.
31