REGI￿ERED COMPANY NUMBER: 03580266 (England and Wgles) REGisfERED CHARITY NUMBER: 1073938 FTH AND UD TED FINAN ATEMENTS R ThE YEAR ENDED I MARCH 2023 OR RAD RD ARECRO 111111111 •ACHIBH68• 02112r2023 CON*ANIES HCUSÈ A24 #143 Sthtutory Auditor 29 Art￿reluM Street Nottingharn Noningham5hiTE NGI 4JA ARE GROUP F THE FINAN IAL ATEME14TS R THE YEARENDED31 MARCH 2023 Report of the Trustees Report of the IndepEndent Auditors Ststement of FiTr*#el41 Activities B#l*thte Sh¢¢t 10 Notes to tb¢ w￿￿￿¢1*[ Ststements ER MB REPORT OF THE RUSTEES FOR THE Y RENDED IMAR Th¢ trw5te¢s WIK) art #Iso direckns of the dwity for the pury*)ses of th¢ Companie5 Act 2006, prestnt their rwrt with ihe financial stsiements of th¢ ¢harity for the year ended 31 March 2023. The trustees haye &k>p¢ed ¢he pmvi$tons of Accountittg and Reporting by Chariues.. Swemeni of R¢commend¢d Pradice applicable to charities preparing their a¢counis it) ac￿rdanCe with the Financial Rep)rtiThg Standard applicable in the UK and R¢publi¢ of Ir¢iond (FRS 102} (effeeiive l Jathuary 2019). The financial ststements have been prepared in xcordance with the xcounting Fx)lici¢s set oyl in Thote5 to the accounts and comply with the charity'5 governing (k)cumenL the Charities Ad 2011 and A¢¢ouniing and Reportin8 by Charities.. Ststement of Recommended Prauice applicable ￿ Charities p￿Paring their wunts in xeordance with the Firkancial ￿e￿rting Standard applicable iti the UK 8nd Republic of IreJat)d published in O¢tob¢r 2019. ORIECTJVES AND AcrivrriES Objeetives •od aims l. To provide a centre for those aged 50 plLL5 in Radford. the wider City 8fta and Districts of Nottrnghamshire. To giv¢ supwrt to the people that are disable& have cognitive isstt& inc1￿lIng dem¢nti4 mild rn¢ntal health problems. are isolatrf live alon¢ or need other help. 2. To provide day care for the morc fratl and younger elderfy who may have memory i&su¢s or who live with long temi at)d debilitsiing conditions - including on￿1 dementii in order ￿ help them keep their ind¢p¢nd¢nee artd live in their own ly)mes as long as possible - giving vitsj r¢5Pit¢ w their carEf> To support the improvement of trf)th ments] health and physica] well-being Volunteers The charity is grateful forthe unstinting efftlrts of its volun*¢¥s who are involva in s¢rvice provision and filnd r8isittg. RE EP RTOFTHE TR FOR T ACHIEVEMENT AND PERFORMANCE Charitsble activities Th¢ COVID-19 pandemic eoThtinu¢d to have a si8nificant imp¥t on our actiwties during the year. We have t￿¢ seen th¢ nutnbers of people rettThiThg to day services as we foraThJ this has an irnpa￿ on our income. Whilst we had a steady in¢rease in ￿ferra1$. many 5ervic¢ users have lost coThfidence and have not re-enga8ed Wilh eommunity seivices. Many deciding ￿ remain inthy)T5 or withthawn from S￿la] engagement - siill shielding themselves and others. Other5 have unfortunately tnoved into long kn Care or their needs have incre8se41 to the point of being hospitslised or are relying far mor¢ ￿ heahh service5. As referrdls are delayed due to ¢hronic S￿la] ￿¢ Chall￿gay Cart ¢oThiinued to operaie over fJv¢ days per week and y)lely funded by pery)nal bLtd8ets and donation5. Funding continued to be receivEd for our Demen(iY4 IAfomi*ion Pro8ramm¢ ("DIP') dwing the year. mainly by way of a mll witra¢t through Nottinghsmshir¢ Healthcare Trust. Despite being Iwated in the City and deliverin8 thi5 suvic¢ ￿ City reStden￿C￿ru& we have still received no funding from the City Primary ca￿ Networks or Citycaff, (d¢spt* numemus requests), who previously supported the Dtp berween 2014 and 2017. How¢ver, programmes wete delivued in the City Orte agaln durin8 2022123. due to the 'goodwill' of Radford Car¢ Group and other donots. Our Artspeak project continued to deliver art. activilies and friendship for Nottinglwm's 60+ community workshops, onlirt¢ a¢tiviiie$ and organised ViSiL8. The funder5. The Big Lollery. have now exlended this project th May 2024. Rental income continued ￿ i* ret¢ived Th¢ Rainlx)w Pareni Carers Forum until Novemb¢r 2022. with the office spa¢¢ as well as the main ha]1 in the building being available for hio i￿lUding over weekends. Despiie redu¢¢d attendec Thumbers whith continues to be as a r¢suli of the ￿demiC. Radford Care Group continues to suprK)rt up to 70 elders a week along with over 150 carus, both indirECtly thrnugh day care seTvi¢es provided to their d¢pendaThts and direct]y through our ArtS￿k and Dementia Infom)ation Pro8ramme. RADFORD CARE GROUP EPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 FINANCIAL REVIEW Financi¥l positio The Statement of Fitian¢ial Artivities confirnis an ujwestricwl fimd loss for the year of £30,837. reflecting th¢ challenges faced in the year but reversing the SI￿p]Us (£35.263) that arose IJ the previous y¢ar. as w&$ expectrd. The significant reStric￿d fund loss for the y¢ar has sirnply arisen du¢ ￿ th¢ sp¢nding of ArtSpe¥k and DIP monies ttceived previously. In the case of ArtSpe¥K the net SPUMI in the year was £100.015. &8 project delivery continued thd tncrea5ed. pandemic. Re5¢rves poliey The Trustees have reviewed th¢ CItari￿$ ne¢d for res¢rve5 ID line with the guidw issued by the Charity CommisS10n. The Trusiees have also undertaken a financial ri$k &sessmeni that examines poiential liabiliiies (stsff. contracts and le8se5) and as5els O>oth current and fixed). Furthern)ore. the Trnsiees have considered future plan5 aDd the associated financial implications. The Tntsttts have, ther¢fore. identif￿d the need io r¢tain an unrestricted fi]nd of at least 3 months unrestricted expendiwr¢. This reserve fimd will be used to safeguard the Charity's s¢rvice ￿MMItMent in the evenl of delays in rKeiM of incoTne from the provision of setvices atyj donations. The Tnjstees believ¢ that reserv¢5 should ￿ at least this level io enstsrr the Chartry Can maintsin irs core services and meet tb¢ n¢¢ds of locyl older peopk. both now artd irj the fijture. The total amount of funds held at 3 1 March 2023 15 £603.437 and includes restricted fijnds of £84.509. Unrestriaed net current assets of £53.161 exceed the arnouDi of 3 months uurestrictrd expenditure actually inwrr¢d p05¢ year ajd. which h&$ rethiced due io the restricted adiviry resulring from the COVID-19 pandemic. Th¢ Trnsiees will keep this matttt under review. FUTURE DEVELOPMENTS As a wellrt solutions for our rnembers. Ca￿le CavendislL a social impaci company, have also been supporting us and this continued through into 2023. Their aim is to impmye p¢opl¢'s lives, by supporting the busin¢5s community and the Volunt￿ sector to grow and d¢velop, enhawing the s(Kial and economic Conditions for th¢ wider community and we l(K)k fonvard to workin8 With ihem. Self-Direcied Suppon continues io bring many challenge& espec?ally given the ongoing cuts to Nottingham City Council's annual budge( but th¢ experience and quality services provided by Radford CaT¢ Group will th)sure that we remain ideally placed to capitalise on the further OPPOrnmities ihat will follow as systems are reviewed and change. Radford C4re Group th¢r¢fore looks forward to working with Nottingham Ciry Council. Noltingharnshir¢ County Council. Nottinghamshire Healthcare Tn￿1 aThJ Primary Care Networks and other partners in continuing to provide I￿al citizens with a high44uality Centre for Care. Our main aim is to become a focal point for the community. not JU￿ foT older F¢(yle, and to provrde a 5ignifi¢aM brid8e twe¢n communiiies and statutory service5 ID order to 5U$tain every individual's well-￿ing. It is hoped that being abk to 0￿rate the centre seven days a wttk and introducing further parmuships with like-minded orgxnisations will help ¢0 a¢hiev¢ this aim. iA)oking fonvard. we need io forge rnore partr*rship5 and Collab)ra￿ with other Ch￿y￿bIe organi5ations and th¢ priva¢¢ sector. Work is now being taken forward whilst we await the detsils of any n¢w tenders with the Ciry Council. We have developed an action plan which focusses w increasing irKome kv¢ls via diversifiution and ￿ndraising activilie& so that less reliance is pl￿ed on SDS tncome but that the core charitable objectives are maintained. The CEO working with th¢ Centre Manager, and with the supprt of the TnL8iees aThJ membe￿ are already aciioning asF¢¢ts of this plan. With good business acumen we aim to tske ihe cTrwity forwrf delivering our exemplary services lo the ¢ommunity and using our new building io engage rn0￿ c105¢1y with the community, in turn raising our profile r¢venu¢$. Finally. il is with greai sadness that we announce the rec¢ni passing of our founder and lifelong President. Paul¢en thvi¢s MBE, ai th¢ age of 97. Pauleen w&% the initial driving force bebind our charity and has been involved for oveT 50 years. She will be sadly missed. STRUCTURE, COVERNANCE AND MANAGEME Governing document The charity is controlled by its governing documeni. a of trusL and COn￿l￿rt¢S a limit¢d company. limited by Bwanlee, as defined by the Companies Act 2(¥)6. Page 3 RADFORD OR FOR THE Y RC srRucfuRE, GOVER]YANCE AND MANAGEMENT Recruitrnent ￿p￿IntMent of Dew Iru5ttt5 The charity h&% p)licies and Procedures in plxe forth¢ recnJitmentaDd apwJintm¢nt of all staff. volunteers and trltstees. o￿TrI￿110n￿l s¢rn¢¢ure A Board of D]rtt￿r$ manages the charity. which 1$ supwrted by a small nymb¢r of paid w¢ and administsative staff tog¢ih¢r with a Iwg¢ numb¢r of volunteets. Induttion trxining of new trnstees The charty has policies and pocedures in place ftsr the rt¢ruiimenL ap￿1￿M)en( ind￿tIOn and training of all stlff. volunteers and trustees. Risk m¥n*gemeTrt The trn5t¢e5 have exomined the major str*gi¢, finarKia] and owatior41 risks whith the charity faces confinn that risk action plan ha5 bEeTr c5t*blished so th* the necessary Sttps ¢an t¢ to monitorand lessen thes¢ risks. REFERENCE AND ADMINIsfRATIVE DETAIIS Registered CompA Thy number 03580266 (England and Wales) Regi%tered ChAr￿Y number 1073938 Registered 0￿1¢¢ 25 Pro$pe¢t Sts¢ Radford Nottingham Nottinghamshi NG7 5QE Trustees P Handley Mrs A L Voakes K W Broughton M Taylor Dr S Zaya Mr5 P Keith C C Stakn-Spen¢et Compgny Secret8ry P HaDdl¢y AuditOTS Lemans Siatutory AUdI￿r 29 ArlM)Tetsm Street Nottingham Nottinghamshire NGI 4JA Bank Tht ROY￿ Bank of S¢￿and plc 189 Bramcot¢ IAD¢ Wollaton Nottin8ham NG8 2QJ ERED N BER.. 03S8(12 REPORT OF THE TRUSTEES OR THE DED REFERENCE AND ADMINISTRATIVE DETAILS Chief Exee4tiv¢ Offleer B¢v P¢aT50n C4r¢ Group M&n8g¢r Mrs S Wilson LEGAL STATUS The company is govemed by M¢mor3ndum and Articlesof As5LKialion. The wmpany 15 limited by 8uarantre. Meznbers liabk th ¢ontribu* to th¢ assds in the ¢veTht of bein8 wtsund up to a sum nol ¢xceeding£5 pv person. PUBLIC BENEFrr The tnsstres confim) tha¢ they have refe￿d to the guidance Contained in the Charity Commission's gMera] guidance on public benefit when reviewing the Charity's aims aDd Obj￿1¥¢$ and in planning fubjre actlVLties. The objeaive of ihe charity and derails of WI￿ ond ljow the charity h&s helped can be found on page l. STATEMENT OF TRUSTEE& RESPONSIBILITIES The in1￿¢¢$ (who ar¢ also direcws of Radford Care Group for the wrp)ses of wmpany law) are responsible for pr¢paTing the Report of the Trusitts and th¢ finan¢ial ststem¢nts in accL)rdance with applicable law and Uniied Kingdom Accountin8 Standards (United Kingdom Generally Ac¢ewed Accounting Pwtic¢). Cornpany law requires the trustees to preport fina￿181 ststements for exh finan¢ial year. which give a true and fair view of ib¢ stsie of affairs of the charitsble company and of the iM)ming resour¢es and application of resour￿s, in¢luding the income and expenditur4 of the charitsble company for thar P¢Tiod. In pr¢parin8 these fjnancial statrments, the stee5 are required to: select suitable xcounting poli¢i¢s and then apply them ¢(ffisiwily" observe the methods and principles in the Chariiies SORP 2019 (FRS I￿). mak¢ judgements and estimates that are re&sonable and prudenL stale whether applicable UK A¢coyntin8 Sthndard5 have been followed subject to any m*erial departures disc105ed and explwned in the fi]uncial $￿ema)￿. prepare th¢ fJnan¢ial st*emenL5 on the 80in8 concern basis unless it is inappwpriate w pr¢sum¢ that th¢ charitsble company will coniinue in operation. Th¢ ttvste¢s are ffsp)nsible for keeping adequate x¢ounling re¢ords that dis¢los¢ with re&sonable accuracy at any time the financial Jy)silion of the Chan.￿b]e ¢ompony and ¢nable them to ensure that the financial 5taternents comply with th¢ Companies Aa 2006. They are also respjnsible for safeguarding the assets of the ¢haritable company and hence for king reasonable steps for the pr¢v¢ntion and dtteCt1￿ of fraud and odKr iTr¢gularities. In so faras the truM¢es are aware.. there is no relevant audit infornution of thich the chtritable Compart￿$ audiior is unaware. and the trusttes have taken all steps that th¢y ought to have taken to Make them5elvc5 awarr of any relevani audit inforn)aiion arHI to ¢stsblish that the auditor is aware of infomwion. This report Ixen prepared in accordarK¢ with the special provisions of Part 15 of the Companies Art 2006 relating to small companies. Approved by order of th¢ Ixwd of trustees on 19 0¢￿ber 2023 arrfl signed on its bEhaJf by.. P Handley- Tn￿et Page 5 RTOFTHE IIYDEPEND RD CARE RADF Opinion We have audited lh¢ financ1￿ sth*m¢nts of Radford Cart Gffjup (the 'charitable COMp￿y') for the y¢ar ¢nded 31 March 2023 which rA>mprise the Statement of Financial Activikn4 the Balance Sheet aThd notes to the fin&n¢ial statements. including a surnmary of significani xwunting p)licies. The fIn￿cial reponing framewo￿ that has been applied in their preparalion is applicable law and United Kingdom Accounting Stsndard5 (United KinBdDm Genenlly Accepted A¢¢ouniing Prartice). In our opinion th¢ finan¢1￿ siatements.. givt a 1￿C and fair view of the state of ihe ¢haitsble affai￿ as at 31 Marth 2023 artd of its incoming resource5 and apPli¢￿tIon of resource5. iTKludin8 its income and ex￿dilUre. for the yearthen ended. have been properly prepar¢d in acmrdatKe with United Kingdom Generajly Aeccpted Accounting Practic%: and have been prepared in accord￿¢¢ with the Tequirem¢ors of the Companies A¢1 2006. Basi$ foropinion We conducted our audii in at￿rdance with lniemation￿ Stsndarfs on Auditing (UK) OSAS IUK)) and appli¢abl¢ law. Our reS￿nsIbIlItieS under those standard5 are furthtt de5criEed in the AuditOTS' re$wJosibilities for the audit of th¢ financial sw¢ments section of our repotrt We are independent of the charitable eompany in accordance with the ethical r¢quir¢ments ihat are r¢l¢vant 10 OUT audit of th¢ fit)ancial sthiements in the UK, including th¢ FRC'S Ethical Stsndard. and we have fuifJll¢d our other ethical we5ponsibilities in xcordance with these rtyul￿￿t￿ts. We believe ib•¢ the audit evidence we have obtaincd is sufficient and appropriate to provide a bo515 for our opithion. Con¢lu5ion$ rdating to gfjing ￿nCern In auditing the financi￿ stsiements, we have oJn¢lud¢d that the of th¢ going ciKKern basi5 of a￿OUnting in the prepardlion ofthe financial Statements i5 appropriate. Based on the WQTk we have perfornK4 we have not identified any matuial uncertainlies relatrng to events or Conditions IhaL individually or c4)Iledive]y. may Ca￿ significant doubt on the ¢harithble ¢omp8ny'5 ability ￿ coniinu¢ as a going concern for a period of at lelsttwelve months from whth the finanetal statements are authoTised for issue. Our responsibilities and lh¢ resp)nsibilities of the trustee5 with r¢sF¢Ct to going coneern are described in the relevant sedions of this rtport. Othtr inforniation The Iruste¢s are Te$￿[L$1b1¢ for the other infrymaticffi. The other inforn￿lOn cornpri5cs the infonnation included in the Annuaj Rcport. other thaft the financial Ststrments *KI our Rcport of the It)d¢pend¢n¢ Audilors thertoD. Our opinion on the financial stswnMts does not cover th¢ other information and. except to the ¢xt¢nt otherwise explicitly statèj in our WOT( we do express ar)y forni of assurnn¢e con¢lys¢oo thereon. In conneciion with our audit of the fLnancial sts*menty our rwponsibility is to read the other infonnation and. in doing so. eonsideT whether the other inform￿¥0￿ is mhtrrially in￿$1$1¢￿1 with the financial swements ￿ our knowled8e obrained in the audit or otherwise appears to bE m*rially misstated. If we identify such material in¢onsisten¢ies or appareni material misststements. we are required to dete￿Ine wheJh¢r this 8ives ri￿ to a material misstatement in the finan¢ial sthtements themselves. If, bas&1 on th¢ work we hav¢ pufonned. w¢ conclth thai there is a rnaterial misstatementofthis other infonnation, we are required ￿ rep￿rt that fa¢L We have Th)thing to rew1 ix this Tegar Opinions on other m•tters pr¢s¢ribed by the Cornpnits Act 2006 In our opinion. based on the work uvdertak¢t) in the CoU￿e of the audit.. the infoTm*ion given in the Report of the Tn￿Ltts for the finaA¢iai year for which the financial statements are prepared is ￿nSIste￿I with the financial Ststemert￿ and the Re￿rt of the Tru5te¢s has b¢uL prepared in &c(Jrdan¢e with applicable legal r¢q¥￿Trents. RT OFTHE IND RADFORD CAR PENDE Matttrs on which we are required to report by exewion Ill the lighi of the knowledge and understartdin8 of the charitablc company and its ertvirnnment obtained in the wurs¢ of the audi4 we have not identified material misststements in the Rem of the Trustee5. W¢ hwe nothing ￿ rewrt irt respect of th¢ followinB matter5 where thc Companies Ad 2006 requirts us to r¢p)rt to you if, in our opinion.. adequate a¢coynting records have not bren kcpt or retsjms •kqu*e for our audii have not been received from branches not visited by u5. or the financial stsiem¢nts are not in a8reement with the acrountin8 Tt¢ords and retum& ce certain di5c105ure5 of tNstees' remun¢wion Specified by law are rrf)t made. or we have tW)L r¢¢¢ived all the infonnation and explanaiions we require for our audit- or the trnsl¢¢s wer¢ not eniiil¢d to take advants8c of the STnall companies exemwion from the requÉrcmcnt to prep#re 8 Strate8ic ReFQrt or in preparing the Report of th¢ TnLStee5. Re5pon5ibilitie5 of tru5tetS As ¢xploined more fvlly in the Statement of Tn￿¢¢$, Resp)nsibilities. truste¢5 (who are also the directors of the tharitable cortlpany ftjr the purp)se5 of company law) are re5Fon5ible for the preparaiion of the fjnanciol statements and for beit)g sa(Isfied thai they give a true and fair vtew. and for su¢h in*mal wnirol as the trustees detennine L5 necessary enable the preparntion of financiai ststem¢nts that are free frDm rnatcriat misstatemenL whetherdu¢ to fraud or In preparing th¢ financial stst¢rn¢nts. the tru5tee5 art lE5FrfN￿Ibk for assessing the charitable company's ability to continue as a going C4)n¢em. dis¢losin& &$ applicable, matter5 related to 80ing rthJ¢¢m and using the Eoin8 concern 15 of aceounting unle55 the th￿1¢¢5 either iniend fo liquidate the eharitsble company or to ccase operations. or have no realistic alternative but to do so. Pa8e 7 RT F THE INDEPENDE￿ AUDITORS TO RADFORD CARE GROUP Oyr responsibilities for the *vdil of the finxDci*I statements Our objeciives are ￿ obtain reasonable assuranc¢ atKJui whether the flnancial 5tstements a5 a whole #re free from rnaterial misstatemenl whether due to frdud or crror. and to issue a Rep)rt of the Independent Auditors that in¢lud¢s our opinion. Reasonable assurnnce is a high level of assurance, but ts nol a guarantee that an audit conduct¢d in accordance with ISAS (UK) will ￿waYS detect a material misstatement when li exists. Misstatrn)ents can arise from fraud or error and are wnsidered M￿¢￿1￿ if. individyaily or in th¢ aggregate, they could reasonably be cxwed ￿ influence ihe rxonomi¢ decisi(￿5 of user5 taken on the basis of these fina￿la1 sthtemeDts. The ext¢nt to which our prc*eduTes aTe capableof ddeaing inegulariii¢8 in¢ludiTh8 fraud is detailed below.. Irre8ularities. in¢luding fra￿A. are insthnces of t)on-complian¢e with laws and re8ulation5. We design prLxeduTt5 in line with our resFM)nsibilitie5. Outlined atL)ve. ￿ deted material missta*ments in t¢spea of iTr¢gularities, including fraud. The specific proceduTeS for this engagement and the extent to which these are capable of detecting ifTt8ularities, including fraud is detsiled below.. - Ex¢￿19e professional j￿6Ment and mairtiain professionfil sttpticism the planning and performan¢¢ of the audiL' - Jdentify and assess the risks of material mIsststr￿N of the flljancial 5tstements. whether due ty fraud or em)r, design and perform audit procedures resportsive to those risks, ab)d obtsin oudii eviden¢e that is syffi¢i¢nt and appropriat¢ lo provide a b&sis for our opinioTh- - Obtsin an undersw)ding of the internai wnirol r¢l¢vant to th¢ audit in Ord￿ to de5i8n audit proceduTf5 that aT¢ apwopriate in the ¢ircumstsn¢w bu¢ not for the of ¢xpr¢ssing an opinion on the effectiveness of thc harity's internal eontrol- - Evalu￿¢ the AppTopri*en¢ss of a¢wunting p)li¢i¢s w¢d and the reasonableness of accountin8 cstirnat¢5 and related di5G105UTC5 made by managemenL - Make enqutries of managernent and tlKY5e chargoj wtth govern￿ of any instst)ces of noD.wmpliance with laws and Tegulaiions and of any actual and potential litl8alion and claims. Review financial 51at¢ment dis¢losures io supporting th&umenkntion to assess compliance with applic4blc la and regulaiions Because of the Inhe￿nI limitations of an audiL the￿ is a risk we will not deteth ail irr¢gularities. includin8 those l¢ading ￿ a mai¢rial misstatement in the firwicial Statements or non