MANCHESTER CARERS CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Charily regislralion number 1075020 Company registration number 3530606 (England and Wales)
MANCHESTER CARERS CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms L D E Fowles MrA T Hunter DrA Lazz-onyenobi Mr D Prior Ms C Stopforth Mr C E Thompson Rev W Campbell (Appointed 31 January 2024) (Appointed 31 January 2024) (Appointed 27 June 2024) Miss C A Heaney Mr A Kirven Secretary Ms S J Devlne Charlty number 1075020 Company number 3530606 Reglstered offlce Bridge 5 Mill 22a Beswick Street Manchesler M4 7HR Independent examlner P Bell ACCA Champion TLL Limited 7-9 Station Road Preston Lancashire PR4 6SN
MANCHESTER CARERS CENTRE CONTENTS Page Trustees, report Independent examinerfs report 10 Statement of financial activities 11 Balance sheet 12 Noles to Ihe financial statements 13-22
MANCHESTER CARERS CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance wilh the accounting policies set oul in note 1 to the financial statements and comply with the charily's governing document, the Companies Act 2006 and "Accounting and Reporting by Charilies= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). Objectlves and actlvltles Objects". The principal activities of our charity are to promote the relief of sick, elderly and disabled persons in the Manchester area by the provision of facilities to relieve the stresses experienced by their Carers,. and lo provide their Carers with information. support and a wide range of services appropriale to their needs. Manchester Carers Centre was established as a company on 191h March 1998 and as a registered charity on 8th April 1999. Manchester City Council, the Co-operative Bank and The Princess Royal Trust for Carers were founding supporters. We are a current network partner and affiliated to the Carers Trusl. Carers Trust is a major charity for, with and about Carers. They work to improve support, services and recognition for anyone living with Ihe challenges of caring, unpaid, for a family member or friend who is ill. frail, disabled or has mental health or addiction problems. Their vision is that unpaid Carers count and can access the heSp they need to live their lives. We share their aims. Manchester Carers Centre's is a small independent local charily serving some of the most deprived communities In Manchester. Our primary purpose is reflected in our mission statement, 'Changing Carers, Lives,. Carers frequently contact the Centre on the brink of breakdown: they can be exhausted, lonely and in desperale need of support. Manchester Carers Centre provides Carers with access to information, practical help, emotional supporl and a range of services focused on responding to need and bringing about positive change that has a lasting impact on lives. Small changes can make big differences lo Carers everyday lives. We have over 25 years, experience and expertise of supporting unpaid Carers and their families in the City of Manchester. Manchester is Ihe 6th most deprived local aulhorily in England (Indices of Deprivation 2019) with some of the most deprived neighbourhoods being based within the North of the City where we are developing a deeper service footprint. There are significant health, economic and employment inequalities experienced by Carers across the City and our activities seek to promote Carers health and wellbeing. Our Vlslon.. Our Vision is that Manchester is a communily where the role and contribution of unpaid carers is universally understood, valued and respected. We ensure that those Carers who choose to Care are supported, enabled and sustained in their caring role through our quality range of seNices. Carers assist the individuals they look after to keep healthy. connected and as independent as possible, therefore our work to relieve the stresses of Carers positively impacts on the individuals that are cared for as well. Carers are empowered to achieve Iheir personas goals and aspirations and help to stay physically and mentally well through our aclivities and support.
MANCHESTER CARERS CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 OurAIm'. We aim to see a society where unpaid Carers are recognised, respected and given access to services that will not only improve their lives but change them for the belter. We build on the strengths and assets of Cwers lo strengthen them as individuals, their families and all communilies in our city of Manchester. Our Mlsslon: Our mission is to Change Carers, lives in the Manchester area. Small changes can make big differences. Our passion for Carers drives us. All our activities operate in the interest of our beneficiaries, unpaid Carers and the individuals they care for. Our Values.. Integrlty and honesty We are committed to a culture of openness and conlinuous improvement. Quallty We strive for excellence in all our services. We deliver meaningful outcomes, which change carers. lives for Ihe better. Innovatlon and posltlvlty Trustees, staff and volunteers share a passion for improving Carers, lives. This drives us forward to search for solutions and better ways of delivering sep4ices effeclively, in partnership and collaboralion wilh a range of individuals and organisations in Manchesler. We are part of the Carers Manchester Network and a slrong contributor. Equallty and respect We strive to be accessible and Indusive. Carers come from all communities and all walks of life. We celebrate diversity and the skills, strengths and polential thal Carers offer our community, and ensure that Ihey are involved as much as possible and are al the heart of everything we do. Outcom88 Through our activities. we Work to ensure the following outcomes for Carers In Manchester are achieved. with our help Carers Are well Informed and thelr flnanclal sltuatlons Improved Carers are aware of their rights and how to access SeiceS with our help. They know what support Is available in Manchesler in line with their needs and are supported to access this help. Wlth our help Carers Have Improved health and wellbelng We operate a range of activities to ensure Carers are encouraged to look after themselves and priorilise their own personal mental and physical health needs, and balance the demands of their caring role. Wlth our help Carers Are connected Through our work, Carers have the opportunily to meet others. lo share experiences and support one another to combat social isolation. We connect Carers to support services. the wider community. opportunities, experiences and lo each other. Wlth our help Carers Have more equal opportunltles Carers face disadvantage and are encouraged by us to have a life outside of their caring role and pursue educational and social opportunilies and interests to improve their quality of life. We support Carers from all diverse communities and work in partnership with other organisations lo improve all Carers access lo opportunities.
MANCHESTER CARERS CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Wlth our help Carers Are more reslllent Carers are supported to develop coping strategies and enabled to find the confidence tackle issues and find the solutions that work for them individually. with our help Carers Are recognlsed, respected and valued We ultimately work to ensure Carers are listened to. valued and their strengths and conlribulions are recognized by Ihemselves, the wider community, policy makers and others. Wlth our help Carers Are better supported We work lo achieve improved support to Carers from their local communily, family and networks and formal public services and voluntary organisalions. Wlth our help Carers Are Heard We facilitate and collaborate with voluntary and slalutory partners to provide Carers with an oppcrtunity to voice their ideas, Ihoughls, concerns and needs, through consultation and involvement aclivilies. This work ensures Carers have a voice to influence policy and service developments. Every day we listen to Carers expressing Iheir needs and issues and we use this information to shape our service developments. with our help Carers Young Adull Carers reallse thelr potentlal We work to ensure Young Adult Carers (16-25) can achieve the opportunities Ihal all young people can access. We support young people to connect with their peers through events and online netWOTks. We support young adull carers to achieve their full potential and fulfill their ambitions, hopes and dreams. The trustees have paid due regard to guidance issued by the Charity Commlssion in deciding what activities the charily should undertake. Objectlves and Actlvltle8 Manchester Carers Centre works with unpaid Carers cltywlde from all ages 16 upwards. We have 4 main services l activities= A dedicated listen to Carers and their needs and to connect them with our most appropriate services for their unique siluations. We also connect Carers with specialist services and services from Ihe Carers Pathway and Network partners citywide. We also link professionals with the organisalions they need to connect with in order to support Carers. We have a unique l00y1hat helps Carers viith all financial malters to address c05l of living Issues and improve income maximisation through grants, benefit checks, access to debl advice. fuel efficiency and safety awareness. and budgeting skills. We have a offers emolional and practical help on any caring issue on a 1..1 basis through short term casework. This service also brings Carers together to combat social isolation and offers a range of short breaks and group activities. CAN We have a unique Lfor Young Adult Carers (16-25) citywide. We are the only service in our city that specifically supports this important transition age group. We offer individual support and advice to address their unique needs. We provide regular group activities for respite and for them to get to know their peers. We produce regular e-bulletins and opportunities to develop skills, support to build aspirations for their futures and we help them to cope with their caring responsibilities. We also seek each year to deliver a range of complementary projects to our main services through fundraising activilies and to develop partnerships with statutory and voluntary sector organisations to extend the scope of our seniices through collaboration.
MANCHESTER CARERS CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlevement and Performance In 2023-24 for our beneflclarles Total Reach Manchester Carers Centre directly supported 770 unique Carers from a range of communities across Manchester, which is a growth in demand of 130kn on the previous year. This is a great result for a small staff and volunteer team to impact our beneficiaries, unpaid Carers in the Cily of Manchester. Money and More- flnanclal support servlces A total of 185 Unique Carers were supported through Ihe Money and More service. Unpaid Carers often face financial hardship due to the cost of caring and restrictions on their alj'lity to work in paid employment. Many are caring in poverty as the Carers Allowance as the main benefit for unpaid care is inadequate and not fit for purpose. Money issues for Carers are compounded by the current cost of living crisis. Our service reduces Carers stress around financial issues and finds practical solutions to Carers worries and concerns. Staff support Carers to maximise their income through our individual grants service. A total of 43 Individual grant applications for Carers were submitled in this year. We are pleased to report that £5.120 was distributed to support individual Carers with grants for essential respite breaks, urgent household items, while goods and equipment and access to driving lessons to improve employability and mobility. This is a fantastic result and improved performance of 108% on the previous year thanks to staff efforts and the additional capacity brought by independent projects in response to the cost of living crisis. This Service develops partnerships and is proactive about engaging with a rang& of agencies in the city that are helping Carers with the cost of living crisis, IT connectivily. food instability, debt issues and benefits referrals. Through our partnerships with Carers Trust, Lifeshare, Foodbanks and Manchester City Council we have linked Carers effectively with the full range of financial support services available across the city. We build Carers knowledge and confidence on how to access help independently to build their resilience going forward. Carlng 4 Me- health and wellbelng servlces 219 Unique Carers were supported through Ihis service in 2023-24 to improve their health and wellbeing. 32 separate activities were delivered by staff. There was amazing range of interesting, cultural, art, craft, historic. musical and social aclivilies lo celebrate the best of Manchester with Carers and combat social isolalion and loneliness often felt by Carers. Carers enjoyed short breaks to the People's History Museum. Manchester Art Gallery. Elizabeth Gaskell's House. RHS Bridgewater, Factory International, Bridgewater Hall, Salford Museum, as well as two afternoon leas. Three special coffee mornings featuring Laughter Yoga, Tote Bag making, and Crafts were also offered. Workshops covering photography, ceramics and visual arts, delivered in partnership with CREATE, a national charily which works to help disadvantaged individuals to access the educational, social and life-enriching benefits of Ihe creative arts. Our partnership gave Carers the opportunity to try somelhlng new and explore creative opportunities to enhance their wellbeing. Our Caring 4 Me seNice offered one to one appointments to help individual Carers struggling with their caring role and life issues, wilh a follow up casework service. We achieved great outcomes for the individual Carers we supported. This service is very popular and appreciated by Carers eVIdend by Carer feedback and evaluations. This service provides valuable respite lo Carers of all ages 16 plus upwards. This year we are pleased to report that we provided 1,117 hours of respite and social opportunities to Carers. I CAN - Young Adult Carers servlces (16-25) 201 unique Young Adult Carers. belween the ages of 16-25. were supported through this seNice in 2023-24. We delivered 10 activities for Young Adult Carers this year in partnership wilh other organisalions. This enabled Young Adult Carers to meet their peers and feel part of a special caring community. It gave access to opportunities to develop their skills and furlher their personal goals and ambilions by being able to engage in new activities lo help them recognise their strengths and talents.
MANCHESTER CARERS CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 We produced a regular E-Bulletin to keep Carers and professionals aware of relevant information for Young Adult Carers, to raise awareness generally and to generate robust referrals from professionals. This year we had a particular project to deliver with the support of CRH Charitable Trust, so we focused on the needs of Young Adult Carers who were experiencing mental health issues or who were looking after family members wilh mental health issues. We delivered some intensive casework to individuals affected and achieved some great resulls validated by evaluations and experiences of Young Adult Carers themselves. We continued to develop key partnerships with Manchester City Council. 42nd Street and other mental health organisations to help build the resilience and health and wellbeing of our Young Adult Carers. We ensure Young Adult Carers are given opportunities to share their views and speak their truth, enabled by a participation fund from Manchester City Council and access to Carers Trust initiatives. We are extremely proud of our work with young adull carers and vrfith demand for our I CAN service growing by 47Yo compared lo last year, it is clear Ihal this distinct group of Carers need our support. We want to ensure that these amazing young people are not left behind and can realise their dreams and we continue to work hard to ensure this unique citywide service is sustained. Our overall performance of supporting 770 unique Carers and producing clear outcomes and overwhelm ing posllive feedback from service users and financial supporters is testimony to Ihe effectiveness of the whole Manchester Carers Centre team, Trustees, staff and volunteers. Beneflclarles of our servlces Who Beneflts? We work with unpaid Carers 16+ to relief their stresses and promote and health and wellbeing. Our b8neficiaries are all unpaid carers within the City of Manchester and the Manchesler area. "A Carer is someone of any age who supports, unpaid l unwaged, a relative, partner or friend who due to physical or mental illness, disability, frailly or addiction could not manage without Ihat support." We do nol charge for our seNlces; they are free to Carers. and VI enable Carers with financial issues to receive lailored advice and support to relieve financial hardship. We also provide services to former Carers who have been bereaved to help them to adjust to their new circumstances and move forward in their lives at their pace. Achlevements and performance Flnanclal revlew Income Our overall income for this financial year is £ 166,222. Our main funding comes from the Our Manchester grant which supports our four services specified in thls report. This is 600/0 of our income. We need to fundraise each year to support our core costs, staff costs service activity costs to meet the growing d8mand. INe raised £66,222 from olher SoUrS of financial support this year. Overall Expendlture Overall expenditure was £227,838. This enabled us to maintain our small staff team of 6 staff (5.5 Full time equivalent) to continue to deliver vital services to unpaid Carers and reach new Carers who had little support. This was against a backdrop of the cost of living crisis with growing costs for all charities to contend with and fierce competition for funding. This year the Trustees utilised designaled funds from our resee$ to maintain our capacily and maintain our business development and fundraising activities. Net Incomelexpendlture The accounts show an expected deficit. which was £61,616. Investment pollcy and objectlves The Trustees regularly review the level of funds held and ensure we achieve the best rates of inteSt balanced against access needs.
MANCHESTER CARERS CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Reserves Pollcy The Trustees review their Resenies Policy each year and we aim to hold up to 6 months. running costs in unrestricted and accessible reserves and should hold additional funds to deal wilh contingencies, unexpected losses and liabilities where possible. 6 months. running costs based on this year's accounts equates to £113,900. As at March 2024 the balance on general unrestricted funds was £126,292 that is 7 months of our Reserves Policy. The balance on restricled funds was £8,164. Fundralslng and sustalnablllty By underpinning our infrastructure and staff costs. utilising designated reserves, we were able to continue to develop staff time to fundraising from independent trust funds and foundations and continue to build our knowledge on business development slralegies. We received an additional 7 grants from independent Trusts and Foundalions lo extend our services. Thanks to Eric Wright Charitable Trust, The Albert Hunt Trust, Loltery Cost of Living Community Organisations, National Lottery Awards for All, CRH Charitable Trust, Forever Manchester, Carers Trust). Our main statutory grants was from Our Manchester, and we were grateful for Ihe support of Manchester Clty Council to provlde stability for our four main services. We would like to thank all of our financial supporters because without your vilal help our work with Carers would nol be possible and our organisalion would nol be viable.
MANCHESTER CARERS CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Plans for future perlods FUTURE PLANS FOR 2024126 SERVICE DELIVERY We have four main services that are well received by Carers, our Reception SeNice which listens and connects individual Carers to help and support. our Money and More service that helps Carers with all financial malters to address cost of living issues and improve income maximisalion through grants. benefit checks, access to debt advice, fuel efficiency and safely awareness, and budgeting skills; our Caring 4 Me service that offers emotional and praclical help on any caring issue on a 1=1 basis through short term casework. This service also brings Carers together to combat social isolation and offers a range of short breaks and group aclivilies., and our I CAN Sel¢e for Young Adult Carers {16-251 citywide. We are the only service in our city that specifically supports this important transition age group. We offer individual support and advice to address their unique needs. We provide regular group activities for respite and for them to get to know their peers. We produce regular &bulletins and opportunitie8 to develop skills, support to bulld aspirations for their futures and we help them to cope with their caring responsibilities. We intend to build the capacity to exiend the activities for all these services and to ensure their continued viability Ihrough our fundraising efforts and evidence base our effective work with the Our Manchester grant team. We aim to deliver a range of projects this year from non-statulory funders to enhance our core service capacity above and extend our service range and offer. LISTENING TO CARERS AND WORKING IN PARTNERSHIP We need to keep listening to Carers, involving and engaging them through a range of methods and mediums, so Ihat we stay relevant to their needs as an organisalion in line with the local conlexl. By enabling Carers lo speak out through consultations we can support positive change in policy and practice. We are a proud Netwo Partner of Carers Trust and will continue to engage in nationwide opportunilies to benefit our Carers in Manchester. We intend to partner with Carers Trust and Gas Distribution Network to deliver a project focussing Income Maximisalion and Fuel Poverty within the portfolio of our Money and More service. We are adept at working in partnehip and want to maintain an outward looking approach to working together with partners in Manchester to benefit Carers. We are a network member of Carers Manchester. a voluntary sector alliance that seeks to work together lo create more opportunities and services for Carers. ENVIRONMENTAL IMPACT We are based in one of the most sustainable venues in Manchester and are part of the Bridge 5 Mill community of Changemakers Manchester Carers Centre operates our services wilhin a Centre which operates with ethical. progressive and sustainable positive environmental practices. We are part of a network of changemakers that work to benefit the environment and community. We intend to continue to network and build connections to move forward on our Journey to becoming net zero. SUSTAINABILITY We need to future-proof our organisation for longevily. We are impactful and well respected for our service track record for Carers, however incfeasing costs and fierce competition for funds for charilies nationwide means we need to develop a clear sustainabilily plan to invest in our infrastruclure and build staff capacity and find new funding sources. We need to continue to build on the success we have had with diversifying and StrgthenIng our governance and continue lo profile and showcase our impact with new and existing financial supporters to raise funds for our continued viability. structure, governance and management The charily is a company limited by guarantee, company number 3530606. first registered on 1 9th March 1998. It was registered as a charity, number 1075020 on 8th April 1999.
MANCHESTER CARERS CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were- Ms L D E Fowles MrA T Hunter Dr A Lazz-onyenobi Mr D Prior Ms C Stopforth Mr C E Thompson Rev W Campbell Miss C A Heaney MrA KIen (Appointed 31 January 2024) (Appointed 31 January 2024) (Appointed 27 June 2024) KEY MANAGEMENT PERSONNEL The Trustees delegate responsibility for the day-to-day management of the charity to the following senior employee.. Shirley Devine - Chief Executivelcompany Secretary Linda Roberts - Assistant To Chief ExeculivelFinance Recrultment and Appolntment of new Trustees The board is comprised of a minimum of 4 and a maximum of 12 Trustees. The Trustee body, when complete, shall comprise twelve elected members. We currenlly have 6 members on the Board. There is a recruilment process managed by the Board of Trustees. All applicants and potential Trustees are invited lo fill out an application form and will be interviewed by the Chair and existing Board members to assess suitability and all checks advised by the Charity Commission. Elections take place annually at the AGM to elect members as Trustees to the Board. The charity Currently has 67 members. Potential Trustees are asked to complete an application form and attend for interview and the seleclion process is based upon the business and governance skills and relevant experience they can bring lo the organisalion to enable Manchester Carers Centre to develop. Many of our current Trustees have direct experience of caring themselves, as well as a range of professional skills, but the organisation also seeks to identify any skills gaps and to recruit professionals and individuals with the relevant business skills and experience to strengthen the Board. Organlsatlonal Structure The Board of Trustees is responsible for Governance and vnrks alongside the Chief Executive Officer to set the strategic direction for the charity. The TrusteeslDirectors have important responsibilities and collectively work together as a team for the good of Manchester Carers Centre. The Chief Executive Officer is responsible for working alongside the Board as well as overseeing Ihe overall management of the Centre and its activities, supported by a small, dedicated Staff leam. Inductlon and Tralnlng of new Trustees There is a Trustee induction and Governance programme and opportunities for Trustees to receive coaching and support from experienced Trustees. as well as lo allend relevant training courses, provided by a range of organisations Including Carers Trust. Trustees are signposted to governance information on websites as well as resources at the Centre. Rlsk management The Truslees have assessed the major risks lo which the charitable company is exposed, in particular those related to the operations and finances of the charitable company, and are satisfied that systems and procedures are in place to miligate our exposure to the major risks.
MANCHESTER CARERS CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Public beneflt Wo consldered Ihe Charity Commlssion's overall guldance and Trustees have had due regard lo the Commlsslon's guidance on public bgnefil. We are clear Ihrough all of our regular evaluations ol all servlces Ihal all our operallons and a¢livilie$ clearly link lo lh8 objects ol the charity- lo reliev8 th& slresses experienced by Carers and provide them with a range of services to support them. This in tum can have an impact positively, on the qualily of life of elderly and disabled individuals Ihal are cared for. Supporting Carers and disabled individuals in our society, who are some ol the most marginalised and vulnerable groups. is of obvious general publi¢ benefil and builds a slronger and more equitable sociely. The Trustees review the alms. objectives and acliviti6s of Ihe charity each year. Thls report looks 81 what Ihe charity has achieved and the outcome of ils work in lh6 reporting poriod. The Iruslees report Ihe success of ea¢h key 8clivily and the benefiis the charity has broughl lo Ihose groups of people Ihat It is sel up lo help. The revlew also helps th8 Iruslees ensure Ihe charity'$ aims. objectives and activities remained focused on Ils slated purposes. The Iruslees have referred to the guldance conlalned In Ihe Charlly Commlsslon's general guldance on publlc benefit when reviewing the ch8rills aims and objectives and in planning ils fulure aclivili05. In particular, the trustees conslder how planned aclivilies will contribute to the alms and obleclives that have been sel. Benefl¢larlg8 of our servlcè8 Who Ben8flts? We work wSlh unpald Carer8 to religf Ihelr stresses and promole and heallh and wellbelng. Our beneflclafles are all npald carers In Manchesler and the Manchester area. "A Carer is someone of any ag8 who supports. unpald I unwaged, a relallve. partner or friend who du6 lo physlcal or men181 Illness. dlsablllly. frallly or addicllon could not manage wllhoul that supporl.. We have speclllc servlces lor Young Adull Carers 16.25 and for Adull Carers over 18 and upwards. We signpost younger ¢arors undar 16 to stalulory and partnership organlsallons wilh speclfic chlldren's project8. We do not charge for our 8ervlces', Ih&y are free to Carers, and we enable Carers wllh financlal18SU88 to recelve lailoréd advlce and support lo reli8ve financial hardship. We also provid8 services lo former Carers who have been ber8aved lo help thom to adlusl lo thelr new circumstances and move forward in thèir Ilves al Ihelr p8¢e. The Iru8lees' report was approv by Ihe Board of Trustees. Mr D Pdor Trust00 Dale.. .......
MANCHESTER CARERS CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MANCHESTER CARERS CENTRE I report to the trustees on my examination of the financial statements of Manchester Carers Centre (the charity) for the year ended 31 March 2024. Responslbllltles and basls of report As the trustees of the charity (and also ils directors for the purposes of company law) you are responsible for the preparation of the financial stalements in accordance with the requirements of the Companies Act 20CE (the 2006 Acti. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independenl examinalion, I report in respect of my examination of the charily's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under seclion 145(5)Ib) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my altenlion in connection with the examination giving me cause to believe that in any material respecl: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act: or the financial slalemenls do not accord with those records- or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is nol a malter considered as part of an independent examination., or the financial statements have not been prepared In accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK arnl Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Champlon TLL Llmlted P Bell ACCA 7-9 Slalion Road Heskelh Bank Preston Lancashire PR4 6SN i%l,:.Iz* 10-
MANCHESTER CARERS CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestrlcted Restricted funds funds 2023 2023 Total 2024 2023 Not85 Income from: Donations and legacies Charitable activities Investments 5.241 59,071 100,000 64,312 100,000 1,910 21.317 157.292 381 50,911 72,228 157,292 381 1.910 Total Income 7,151 159,071 166,222 178,990 50,911 229,901 ExpendSture on: Charitable activities 54.573 173,265 227.838 169,841 37,960 207.801 Total expendlture 54.573 173.265 227,838 169.841 37,960 207,801 Net Incomellexpendlture) (47,422) (14.194) (61.616) 9,149 12,951 22,100 Transfers between funds 180 (180) 3,324 (3,324) Net movement In funds (47.242) (14,374) (61.616) 12,473 9,627 22,100 Reconclllatlon of funds: Fund balances at 1 April 2023 173.534 22.538 196,072 161.061 12,911 173,972 Fund balances at 31 March 2024 126,292 8,164 134,456 173,534 22,538 196,072 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 11
MANCHESTER CARERS CENTRE BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Flxed a880ts Tangible assets 13 4,099 7.028 Current asset8 Deblois Inveslm8nls Cash al bank and In hand 15 16 255 85,001 49.623 85.001 108,095 134.879 193.096 Crodltors: amovnt8 falllng due wlthln one year 17 (4.522) {4,052) Not curront a$88t8 130,357 189,044 Total asset8 less current Ilabllltles 134.456 196.072 N8t a88et8 •xcludlng penslon Ilablllly 134.456 198,072 Th• fund8 of the ¢harlty ReslTlcted Income funds Unreslrlcled funds 19 8.164 126,292 22,538 173.534 134,456 196.072 The company Is enlilled to Ihe exempllon from Ihe audit requlromenl conlalned In secllon 477 of lh6 Companles Act 2006. for Ihe year ended 31 March 2024. The dlre¢tors acknowledge their responsibilities for CAynplying wilh Ihe requlrernenls of Ihe Companies Act 2006 wllh respecl lo accounling records and Ihe preparalion of financial slalemenls. The members have not requlred the company to obtain an audlt ol Sts financFal statements for Iho year In quesllon In accordance wllh secllon 476. These ffinanclal slalemenls have been prepared In accordance wllh Ihe provlslons appllcable lo comp8nles sublecl lo the small companles regime. Th& Ilnancial slal8menls were approved by the Iruslees on .. /&.&..l.OthsLdr 2011fr ri Mr D Prior Trustee lopforth Trusteo Company reglstrallon number 3530606 (England and Wales) 12-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charlty Informatlon Manchester Carers Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is Bridge 5 Mill, 22a Beswick Street. Manchester, M4 7HR. 1.1 Accountlng conventlon The financial statements have been prepared in accordance wilh the charitls [governing documenll, Ihe Companies Act 2008, 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 ol Recommended Practice applicable to 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). The charity is a Public Benefit Entily as defined by FRS 102. The charily has taken advantage of the provisions in Ihe SORP for charilies not to prepare a Statent of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monelary amounts in these financial statements are rounded lo the nearest £. The financial stalemenls have been prepared under the hislorical cost convention. modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounling policies adopted are sel out below. 1.2 Golng concern At the lime of approving the financial slatemenls, Ihe trustees have a reasonable expectation that the charily has adequate resources to continue in operalional existen for the foreseeable future. Thus the truslees continue to adopt the going concem basis of accounting in preparing Ihe financial statements. 1.3 Charltable funds Unrestricted funds are available for use at Ihe discretion of the trustees in furtherance of their charitable objectives. Designated funds are free reseeS that have been designated by the trustees for specific purposes. These are further disclosed in the notes to the accounts. Reslricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the reslricled funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 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 il is probable that income will be received. Cash donations are recognised on receipl. Other donations are recognised once the charity has been notified of the donation. unless performance 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. Legacies are recognised on receipt or otherwise if the charily has been notified of an impending distribution. the amount is known. and receipl is expected. If the amount is not known. the legacy is treated as a contingent asset. 13-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (Contlnued) 1.5 Expendlture Expenditure is recognised once there is a legal or constructive obligalion to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in seltlemenl. and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of dir&1 costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a single activily are allocated directly to that activity. Shared costs which contribute lo more than one activily and support costs which are nol atlributable lo a single activity are apportioned belween those aclivities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. Support costs All activily relates to one charitable cost heading and any cosls relating to fundraising are immalerial. Support costs consist of governance as shown in Ihe notes to the accounts and are allocaled to the direct charitable costs heading. 1.6 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreclation Is recognised so as to write off the cost or valuation of assets less their resldual values over their useful lives on the following bases.. Leasehold improvements Fixtures and fittings 20Y¢ Straight line 25% straight line 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 Impalrment of flxed assets At each reporting end dale, the charity reviews the carrying amounts of its tangible assets to determlne 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 Ihe extent of the impairment loss (if 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 maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabililies. 1.9 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instrumenls, and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of its financial inslrumenls. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contraclual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to setlle on a net basis or to realise the asset and setlle the liability simultaneously. 14-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policles (Contlnued) Basic linanclal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured al transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement conslilutes a financing transaction, where the transaction is measured al 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. Basic flnanclal Ilabllltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. where Ihe debt instrument is measured at the present value of the future payments discounled at a market rate of interest. Financlal liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried al amortised cost, using the effective interest rate method. Trade creditors are obligations lo 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 not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cosl using Ihe effective interest method. D8recognltlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charily's contractual obligations expire or are discharged or cancelled. 1.10 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's servlces are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide terminalion benefits. 1.11 Retlrement beneflts Payments to defined contribution retirement benefit schemes are charged as an expense as Ihey fall due. Crltlcal accountlng estlmates and }udgements 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 associaled assumptions are based on historical experience and other factors that are considered to be relevant. Actual resulls may differ from these eslimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and fulure periods where the revision affects both current and future periods. 15-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donatlons and legacles Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestrlcted Restricted funds funds 2023 2023 Total 2024 2023 Donations and gifts Granls 299 4,942 299 64,013 1,677 19,640 1.677 70.551 59,071 50.911 5.241 59.071 64,312 21,317 50.911 72.228 Grants recelvabl6 for core actlvltles Individual Carerfs Grant Awards for All The National Lottery Communily Fund Community Organisations Cost of Living Fund CRH CHaritable Trust Other 8,700 10,000 8,700 10,000 25,521 10,000 4,850 25,521 10,000 9,792 4.942 19,640 50,911 70,551 4.942 59,071 64.013 19.640 50,911 70,551 Income from charltable actlvltles Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestrlcted Restrlcted funds funds 2023 2023 Total 2024 2023 Carers support Grants 100,000 100,000 157,292 157,292 Performance related grants analysls Carers support 2024 Carers support 2023 MCC- Our Manchester Funding MCC- Carers North Partnership Grant other 100,000 80.446 76.666 180 100,000 156,932 16-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from Investments Unrestrlcted Unrestrlcted funds funds 2024 2023 Interest receivable 1,910 381 Expendlture on charltable actlvltles Car8rs support 2024 Car8rs support 2023 Dlrect costs staff costs Depreciation and impairment Carers activities IT and software costs Staff and volunteer costs Rent, rates and insurance HR support Prlnting, postage and stationery Telephone Subscriptions Miscellaneous costs Bank charges 173,499 2,929 11,335 3.257 3.149 14.396 1,512 2,187 3,363 1.191 1.262 80 163,025 2,671 4,778 4,534 1,806 11,352 1.654 2.021 5,310 2,696 1,426 57 218,160 201,330 Grant fundlng of activities (see note 7) 5,120 2,450 Share of support and governance costs (see note 8) Governance 4.558 4,021 227,838 207,801 Analysls by fund Unrestricted funds - general Restricted funds 54,573 173,265 169,841 37,960 227,838 207,801 Grants payable Granls paid to individuals amount lo £5,120 (2023: £2.450). 17-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs allocated to actlvltles 2024 2023 Governance costs 4.558 4.021 Analysed between: Carers support 4,558 4,021 Net movement In funds 2024 2023 The net movement in funds is stated after chargingl(crediting): Deprecialion of owned tangible fixed assets 2,929 2,671 10 Trustees None of Ihe trustees (or any persons connected wilh them) received any remuneralion or benefits from the charity during the year. 11 Employees The average monthly number of employees during the year was: 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries Social security costs other pension cosls 123,120 34,659 15.720 115,322 34,099 13,604 173,499 163.025 There were no employees whose annual remuneration was more than £60,000. 12 Taxatlon The charity is exempl from taxalion on its activities because all its income is applied for charitable purposes. 18-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Tanglble flxed assets Leasehold Flxlures and Improvements flltlngs Total Cost At 1 April 2023 38.122 54,633 92,755 At 31 March 2024 38,122 54,633 92,755 Depreclatlon and Impalrment At 1 April 2023 Depreciation charged in the year 38.122 47,605 2,929 85,727 2,929 At 31 March 2024 38,122 50,534 88,656 Carrylng amount At 31 March 2024 4,099 4,099 At 31 March 2023 7,028 7,028 14 Flnanclal Instruments 2024 2023 Carrylng amount of flnanclal assets Instruments measured at fair value through profit or Ios8 85,001 85,001 15 Debtors 2024 2023 Amounts falllng due wllhln one year: Prepayments and accrued income 255 16 Current asset Investments 2024 2023 Bank deposils 85,001 85,001 17 Credltors: amounts falllng due wlthln one year 2024 2023 Trade Gredilors Accruals and deferred income 4,516 4,046 4,522 4.052 19-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Retlrement beneflt schemes 2024 2023 Defined contrlbutlon schemes Charge to profil or loss in respect of defined contribution schemes 15,720 13,604 The charity operates a defined contribution pension scheme for all qualifying employe&s. The assets of the scheme are held separately from those of the charity in an independently administered fund. 19 Restrlcted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 22,538 159,071 {173,2651 (180) 8,164 Prevlous year: At 1 Aprll 2022 Incomlng resources Resources expended Transfers At 31 March 2023 12,911 50,911 (37,960) (3,324) 22,538 At the year end the balance on Restricled Funds is as follows: Awards for All - Carers Breaks - £802 Carers Trust - Young Carers Action Day - £442 CRH Charitable Trust- £2,641 Individual Carers Funds- £4,005 Young Carers Parlicipalion Budget- Manchesler City Council - £274 -20-
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designaled funds which have been sel aside oul of unrestricted funds by Ihe trustees for specific purposes. At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 Fixed Assets Staff Provision Business development Core costs General funds 7,028 20,000 42.000 (2.929) (3,965) {31,860) 4,099 16,035 10,140 5,000 91,018 5,000 (4,820) 104,506 7,151 (15,819) 173,534 7,151 (54,573) 180 126,292 Prevlous year: At 1 Aprll 2022 Incomlng resources Resources expended Transfers At 31 March 2023 Fixed Assets Staff Provision Business development General funds 7.543 20.000 (2.671) 2,156 7,028 20,000 42,000 104,506 42.000 (40.832) 133,518 178.990 (167,170) 161,081 178.990 (169,841) 3.324 173,534 21 Analysls of net assets between funds Unrestrlcted funds 2024 Restrlcted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current asselsl(liabilities) 4,099 122,193 4,099 130,357 8,164 126.292 8.164 134,456 21
MANCHESTER CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Analysls of net assets between funds (Contlnued) Unrestricted funds 2023 Restrlcted funds 2023 Total 2023 At 31 March 2023: Tangible assets Current assetsl{liabilities) 7,028 166.506 7,028 189,044 22,538 173.534 22,538 196,072 22 Related party transactlons Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year. There are no donations from related parties which are oulside the normal course of business and no restricted donations from related parties. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including any guarantees. during the year. -22-