REGISTERED COMPANY NUMBER: 03835055 (England and Wales) REGISTERED CHARITY NUMBER: 1081084
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR SANDWELL YOUNG CARERS
J W Hinks LLP Chartered Accountants 19 Highfield Road Edgbaston Birmingham West Midlands B15 3BH
SANDWELL YOUNG CARERS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Actvites | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 15 |
| Detailed Statement of Financial Actvites | 16 |
SANDWELL YOUNG CARERS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Sandwell Young Carers is a company limited by guarantee (registered number 3835055) which was incorporated on 2nd September 1999 and achieved charitable status on 12 June 2000 (registered number 1081084).
The company was established under a Memorandum of Association which established the objects and powers of the charitable company which is governed by its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.
Recruitment and appointment of new trustees
As set out in the charity's Articles of Association new trustees are appointed by the board of trustees after applying to the company and receiving approval from the board of trustees. All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are included in the notes to the financial statements.
Organisational structure
Sandwell Young carers is organised so that its management committee of trustees meet regularly to manage its affairs and formulate policy.
A scheme of delegation is in place and day to day responsibility for the provision of the charity's services rests with the Chief Executive Officer. The charity Chief Executive Officer is responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. The charity Chief Executive Officer also has responsibility for the day to day operational management of the charity, individual supervision of the staff team and ensuring that the team continue to develop their skills and working practices in line with good practice.
The charity Chief Executive Officer reports to the board of trustees on a bi-monthly basis.
Induction and training of new trustees
New trustees undergo an orientation day to brief them on legal obligations under charity law, the content of the charity's constitution, the committee and decision - making processes and the recent financial performance of the charity. During the induction day they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the understanding of their role.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The charity has secured funds to support the short breaks programme, residential breaks, support work, promotion and raising awareness and in part the administrative costs, building running costs, management and administration salary costs for the coming year and beyond.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 03835055 (England and Wales)
Registered Charity number
1081084
Registered office
The Old Vicarage 44 Bratt Street West Bromwich West Midlands B70 8SB
Page 1
SANDWELL YOUNG CARERS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
Trustees
J Atterbury Mrs B M Benton F A Betteridge (resigned 29.6.24) M J Dainty Mrs P K Dhatt G W Foster A Rohman Miss L S Russell (resigned 13.6.24) Ms Z L Smith R Williams (appointed 19.5.25)
Company Secretary
T Hawkins
Independent Examiner
J W Hinks LLP Chartered Accountants 19 Highfield Road Edgbaston Birmingham West Midlands B15 3BH
OBJECTIVES AND ACTIVITIES
Purposes and aims
Sandwell Young Carers' objects and principal activities are to provide support for children and young people aged between 5 and 18 years of age, whose health, education and lives are affected as a result of having to care for a dependent family member.
Ensuring our work delivers our aims
We review our aims, objective and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us to ensure that our aims, objectives and activities remain focused on our stated purpose.
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular the trustees consider how planned activities will contribute to the aims and objectives they have set.
Achievements and Performance
The charity continued to provide activities and facilities which meet the current needs of young carers, and to educate and be aware of new and developing challenges they may face. The charity addressed these during 2024/25 in the following ways:
- The redesign and makeover of the Centre in line with young carers changing needs and requirements; the charity was fortunate to have the opportunity to work in partnership with celebrities, the BBC Children in Need Team, Interior Design Masters and multiple businesses to transform the Sandwell Young Carers Centre with newly decorated and recreative space, where young carers can build positive relationships with their peers and develop their self-esteem.
Page 2
SANDWELL YOUNG CARERS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
Achievements and Performance (continued)
-
A Publicity Campaign was undertaken, to raise awareness of the plight of young carers, to improve support of known young carers and the location of hidden young carers, in partnership with the Young Carers Forum. This work was escalated due to the Forum members involvement with the one off special programme ran for BBC Children in Need, where our young carers gave an insight to their caring roles and responsibilities at home. The programme was aired to an audience 1.1 million viewers.
-
Increased services to support the emotional wellbeing and mental health of young carers in school, and in the community. The charity secured funds from a variety of sources to ensure additional young carers were supported in schools and in the community. Providing group support, workshops and one to one sessions, to address young carers emotional wellbeing and mental health.
-
To address the financial capacity and cost of living increase continuing to impact on young carers, and their families’ lives; the charity increased staff knowledge and capabilities by taking part in training and workshops to educate on financial capacity and cost of living crisis experienced by young carers and their families. This enabled the support
-
team to work with families and a variety of agencies to ensure access to foodbank vouchers, benefit referrals, energy efficiency advise, safe and well visits by fire service, installation of fire equipment and fire safety plans, and access to Warm spaces. They also worked in partnership with local building societies to run money management sessions for
-
young carers.
FUTURE DEVELOPMENTS
The charity will continue to provide activities and facilities which meet the present needs of young carers, address inequalities faced by young carers to educate and increase awareness of new and developing challenges they may face. The charity will address these during the 2025/26 in the following ways:
-
Improve access to travel for young carers and their families, to enable participation in SYC activities and those in the wider community.
-
Enable activities and events that allow for warm spaces and hot food for young carers and their families, whilst addressing the inequalities faced through the cost-of-living crisis and financial capacity.
-
Increase awareness of services and need using social media campaigns to identify and support hidden young carers.
-
To enable the services that is essential to meeting the needs of young carers, Sandwell Young Carers will continue to work to its Funding Strategy to raise sufficient funds to continue a sustainable future for services for young carers in the borough of Sandwell.
FINANCIAL REVIEW
Reserves policy
It is the policy of the trustees to maintain a level of reserves sufficient to ensure the continued operation of the charities activities.
The Statement of Financial Activities for the year ended 31 March 2025 shows incoming resources of £254,925 (2024 £300,931) and resources expended of £265,644 (2024 £308,014), resulting in a deficit of £10,719 (2024 £7,083).
The reserves are primarily to cover the development and future operational expenses of Sandwell Young Carers,
Approved by order of the board of trustees on 10[th] December 2025 and signed on its behalf by:
.............................................................................. M J Dainty - Trustee
Page 3
NDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SANDWELL YOUNG CARERS
Independent examiner's report to the trustees of Sandwell Young Carers ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts 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 not a matter considered as part of an independent examination; or
-
the accounts 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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and 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 accounts to be reached.
R R Barnes FCA
J W Hinks LLP Chartered Accountants 19 Highfield Road Edgbaston Birmingham West Midlands B15 3BH
10[th] December 2025
Page 4
SANDWELL YOUNG CARERS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donatons and legacies 10,607 Charitable actvites Grants received 4,200 Support costs - Other trading actvites 2 85 Other income 4,615 Total 19,507 EXPENDITURE ON Charitable actvites Charitable actvites 1,872 Support costs 13,159 Total 15,031 NET INCOME/(EXPENDITURE) 4,477 RECONCILIATION OF FUNDS Total funds brought forward 5,101 TOTAL FUNDS CARRIED FORWARD 9,578 |
Restricted funds £ - 232,147 1,471 1,800 - 235,418 199,796 50,817 250,613 (15,196) 36,689 21,493 |
2025 Total funds £ 10,607 236,347 1,471 1,885 4,615 254,925 201,668 63,976 265,644 (10,719) 41,790 31,071 |
2024 Total funds £ 8,124 281,342 - 11,465 - 300,931 224,333 83,680 308,014 (7,083) 48,873 41,790 |
|---|---|---|---|
The notes form part of these financial statements
Page 5
SANDWELL YOUNG CARERS
BALANCE SHEET 31 MARCH 2025
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 7 172 6,988 CURRENT ASSETS Debtors 8 2,472 - Cash at bank and in hand 18,184 14,505 20,656 14,505 CREDITORS Amounts falling due within one year 9 (11,250) - NET CURRENT ASSETS 9,406 14,505 TOTAL ASSETS LESS CURRENT LIABILITIES 9,578 21,493 NET ASSETS 9,578 21,493 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 Total funds £ 7,160 2,472 32,689 35,161 (11,250) 23,911 31,071 31,071 9,578 21,493 31,071 |
2024 Total funds £ 8,346 4,418 48,098 52,516 (19,072) 33,444 41,790 41,790 5,101 36,689 41,790 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 10[th] December 2025 and were signed on its behalf by:
............................................. M J Dainty - Trustee
The notes form part of these financial statements
Page 6
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold property | - | at varying rates on cost |
|---|---|---|
| Improvements to property | - | 10% on cost |
| Fixtures and ftngs | - | 50% on cost and 33% on cost |
| Computer equipment | - | 33% on cost |
TAXATION
The charity is exempt from corporation tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
| Fundraising events Rental income |
2025 £ 85 1,800 1,885 |
2024 £ 137 11,328 |
|---|---|---|
| 11,465 |
continued...
Page 7
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Depreciaton - owned assets | 2025 £ 1,186 |
2024 £ 13,880 |
|---|---|---|
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| No employees received emoluments in excess of £60,000. 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donatons and legacies 8,124 Charitable actvites Grants received 2,069 Other trading actvites 11,465 Total 21,658 EXPENDITURE ON Charitable actvites Charitable actvites 1,177 Support costs 20,854 Total 22,031 NET INCOME/(EXPENDITURE) (374) RECONCILIATION OF FUNDS Total funds brought forward 5,474 TOTAL FUNDS CARRIED FORWARD 5,101 |
2025 14 Restricted funds £ - 279,273 - 279,273 223,156 62,827 285,983 (6,710) 43,399 36,689 |
2024 14 Total funds £ 8,124 281,342 11,465 300,931 224,333 83,681 308,014 (7,083) 48,873 41,790 |
|---|---|---|
No employees received emoluments in excess of £60,000.
continued...
Page 8
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
7. TANGIBLE FIXED ASSETS
| Improvements Freehold to property property £ £ COST At 1 April 2024 and 31 March 2025 293,568 44,218 DEPRECIATION At 1 April 2024 293,106 36,718 Charge for year 224 750 At 31 March 2025 293,330 37,468 NET BOOK VALUE At 31 March 2025 238 6,750 At 31 March 2024 462 7,500 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Other creditors Accrued expenses 10. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Property and Furnishings fund D'Oyle Carte fund Children in Need Greggs Foundaton Capital Awards for All Big Lotery Resiliance Fund Eveson Trust 7 Stars Foundaton TOTAL FUNDS |
Fixtures and Computer ftngs equipment £ £ 16,974 34,922 16,974 34,538 - 212 16,974 34,750 - 172 - 384 2025 £ 2,472 2025 £ 2,388 550 8,312 11,250 Net movement At 1.4.24 in funds £ £ 5,101 4,477 1,795 (224) 4,000 (4,000) 7 (7) 3,897 (251) 14,970 (500) 20 (20) 12,000 (12,000) - 1,806 36,689 (15,196) 41,790 (10,719) |
Totals £ 389,682 381,336 1,186 382,522 7,160 8,346 2024 £ 4,418 2024 £ 2,473 530 16,069 19,072 At 31.3.25 £ 9,578 1,571 - - 3,646 14,470 - - 1,806 21,493 31,071 |
|---|---|---|
continued...
Page 9
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Social work placements Restricted funds Property and Furnishings fund D'Oyle Carte fund Children in Need Positve Actvites for Young People Greggs Foundaton Capital Awards for All West Bromwich Buiilding Society Wednesbury Sick Poor Fund SMBC Promotng & Support Work Lord Austn Trust Big Lotery Resiliance Fund Eveson Trust SCVO Emotonal Wellbeing Children In Need Sandwell MBC Access to Work Mark MAsons Hall Turner Grant Trust 7 Stars Foundaton Goold Estate Development Charity The Grimmit Trust TOTAL FUNDS |
Incoming resources £ 15,307 4,200 19,507 - - - 57,698 - - 500 10,000 56,889 1,000 - - 39,971 33,033 22,400 1,471 2,500 4,000 1,806 1,750 2,400 235,418 254,925 |
Resources Movement expended in funds £ £ (10,830) 4,477 (4,200) - (15,030) 4,477 (224) (224) (4,000) (4,000) (7) (7) (57,698) - (251) (251) (500) (500) (500) - (10,000) - (56,889) - (1,000) - (20) (20) (12,000) (12,000) (39,971) - (33,033) - (22,400) - (1,471) - (2,500) - (4,000) - - 1,806 (1,750) - (2,400) - (250,613) (15,196) (265,644) (10,719) |
|---|---|---|
continued...
Page 10
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.23 | in funds | 31.3.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 5,474 | (373) | 5,101 |
| Restricted funds | |||
| Property and Furnishings fund | 12,094 | (10,299) | 1,795 |
| Big Lotery fund | 4,900 | (4,900) | - |
| Screwfx Foundaton | 5,000 | (5,000) | - |
| D'Oyle Carte fund | - | 4,000 | 4,000 |
| Children in Need | 271 | (264) | 7 |
| Greggs Foundaton Capital | 4,164 | (267) | 3,897 |
| Awards for All | 15,470 | (500) | 14,970 |
| Big Lotery Resiliance Fund | 1,494 | (1,474) | 20 |
| Global Make Some Noise | 6 | (6) | - |
| Eveson Trust | - | 12,000 | 12,000 |
| 43,399 | (6,710) | 36,689 | |
| TOTAL FUNDS | 48,873 | (7,083) | 41,790 |
continued...
Page 11
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Social work placements Restricted funds Property and Furnishings fund Big Lotery fund Screwfx Foundaton D'Oyle Carte fund Children in Need Positve Actvites for Young People Greggs Foundaton Capital Awards for All Wednesbury Sick Poor Fund SMBC Promotng & Support Work Sandwell MBC - HAF Big Lotery Resiliance Fund Global Make Some Noise The Triangle Trust Eveson Trust Natonal Grid Community Maters SCVO Welcoming Spaces SCVO Emotonal Wellbeing SCVO Grant Children In Need TOTAL FUNDS |
Incoming resources £ 20,480 1,176 21,656 - - - 4,000 - 57,698 - - 8,000 56,889 35,197 - - 14,990 24,000 9,772 3,500 33,174 6,940 25,116 279,276 300,932 |
Resources Movement expended in funds £ £ (20,854) (374) (1,176) - (22,030) (374) (10,299) (10,299) (4,900) (4,900) (5,000) (5,000) - 4,000 (264) (264) (57,698) - (266) (266) (500) (500) (8,000) - (56,889) - (35,197) - (1,474) (1,474) (6) (6) (14,990) - (12,000) 12,000 (9,772) - (3,500) - (33,174) - (6,940) - (25,116) - (285,985) (6,709) (308,015) (7,083) |
|---|---|---|
continued...
Page 12
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.23 | in funds | 31.3.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 5,474 | 4,104 | 9,578 |
| Restricted funds | |||
| Property and Furnishings fund | 12,094 | (10,523) | 1,571 |
| Big Lotery fund | 4,900 | (4,900) | - |
| Screwfx Foundaton | 5,000 | (5,000) | - |
| Children in Need | 271 | (271) | - |
| Greggs Foundaton Capital | 4,164 | (518) | 3,646 |
| Awards for All | 15,470 | (1,000) | 14,470 |
| Big Lotery Resiliance Fund | 1,494 | (1,494) | - |
| Global Make Some Noise | 6 | (6) | - |
| 7 Stars Foundaton | - | 1,806 | 1,806 |
| 43,399 | (21,904) | 21,493 | |
| TOTAL FUNDS | 48,873 | (17,802) | 31,071 |
continued...
Page 13
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Social work placements Restricted funds Property and Furnishings fund Big Lotery fund Screwfx Foundaton D'Oyle Carte fund Children in Need Positve Actvites for Young People Greggs Foundaton Capital Awards for All West Bromwich Buiilding Society Wednesbury Sick Poor Fund SMBC Promotng & Support Work Sandwell MBC - HAF Lord Austn Trust Big Lotery Resiliance Fund Global Make Some Noise The Triangle Trust Eveson Trust Natonal Grid Community Maters SCVO Welcoming Spaces SCVO Emotonal Wellbeing SCVO Grant Children In Need Sandwell MBC Access to Work Mark MAsons Hall Turner Grant Trust 7 Stars Foundaton Goold Estate Development Charity The Grimmit Trust TOTAL FUNDS |
Incoming resources £ 35,787 5,376 41,163 - - - 4,000 - 115,396 - - 500 18,000 113,778 35,197 1,000 - - 14,990 24,000 9,772 3,500 73,145 6,940 58,149 22,400 1,471 2,500 4,000 1,806 1,750 2,400 514,694 555,857 |
Resources Movement expended in funds £ £ (31,683) 4,104 (5,376) - (37,059) 4,104 (10,523) (10,523) (4,900) (4,900) (5,000) (5,000) (4,000) - (271) (271) (115,396) - (518) (518) (1,000) (1,000) (500) - (18,000) - (113,778) - (35,197) - (1,000) - (1,494) (1,494) (6) (6) (14,990) - (24,000) - (9,772) - (3,500) - (73,145) - (6,940) - (58,149) - (22,400) - (1,471) - (2,500) - (4,000) - - 1,806 (1,750) - (2,400) - (536,600) (21,906) (573,659) (17,802) |
|---|---|---|
continued...
Page 14
SANDWELL YOUNG CARERS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 15
SANDWELL YOUNG CARERS
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| INCOME AND ENDOWMENTS Donatons and legacies Donatons Other trading actvites Fundraising events Rental income Charitable actvites Grants Other income Insurance claim Total incoming resources EXPENDITURE Charitable actvites Wages Social security Pensions Transport and actvites Support costs Other Insurance Telephone Printng, postage, statonery, advertsing and publicatons General operatonal costs Premises costs Depreciaton of tangible fxed assets Governance costs Independent examiners fees Total resources expended Net expenditure |
2025 £ 10,607 85 1,800 1,885 237,818 4,615 254,925 171,500 5,592 2,829 21,747 201,668 8,625 9,097 2,077 17,989 18,086 1,184 57,058 6,918 265,644 (10,719) |
2024 £ 8,124 137 11,328 11,465 281,342 - 300,931 175,926 7,180 3,383 37,844 224,333 3,061 10,141 4,732 14,056 31,061 13,880 76,931 6,750 308,014 (7,083) |
|---|---|---|
Page 16