OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Carers Trust Hillingdon Company Limited by Guarantee

Charity number: 1082297 Company registration number: 04041290

Financial statements

31 March 2021

Auditor:

Cox Costello & Horne

Chartered Accountants and Tax Advisers 26 Main Avenue Moor Park HA6 2HJ

~~1~~

Financial Statements Year ended 31 March 2021

Contents:
Page:
Trustees’ Annual Report 4
(1)Structure, governance and management 4
(2)Objectives and activities 6
(3)Key achievements 8
(4)Financial and governance review 9
(5)New provision and learning from the Covid-19 crisis
11
(6)Responsibilities of the Trustees 13
Independent Auditor's Report
15
Statement of Financial Activities
20
Statement of Financial Position
21
Statement of Cash Flow
22
Notes to the Financial Statements
23

~~2~~

Trustee’s Annual Report Year ended 31 March 2021

The Trustees, who are also directors for the purposes of the Companies Act 2006, present their report and the financial statements of the charity for the year ended 31 March 2021.

Reference and administrative details:

Registered charity name: Carers Trust Hillingdon

Charity registration number: 1082297 Company registration number: 04041290

Registered office: Luther Bouch House 126, High Street Uxbridge Middlesex UB8 1JT

The Trustees:

The Trustees who served the charity during the period were as follows:

Dolores Lee Chair John Major Vice Chair Re-elected 8.10.20 Aegon Welsh Vice Chair Manpareet Dhaliwal Treasurer Hardeep Jhutty Director Re-elected 8.10.20 Elizabeth Harris Director Gavin Shand Director Nancy Rawlings Director Jacqueline Hole Director Co-opted 4.12.21 Chhinder Dhiman Director Resigned 17.8.20

Chief Executive: Sally Chandler, RGN, MCMI, CMgr

Bankers: National Westminster Bank Plc

48 High Street Uxbridge UB8 1UT

CAF Bank Ltd Kings Hill West Malling ME19 4TA

~~4~~

(1) Structure, governance and management

1.1: Status

Established as a local project of the Carers National Association in 1989, Carers Trust Hillingdon moved to independence on 25 April 1996 and became an unincorporated association registered as a charity on 10 May 1996. On 26th July 2000 the organisation was incorporated as a company limited by guarantee.

1.2: Principal activity

The principal activity of the company during the year was the relief of poverty and mental or physical sickness or suffering amongst carers (from 5 years plus) and mitigation against the negative impacts of unpaid caring responsibilities.

1.3: Governing document

Carers Trust Hillingdon is a company limited by guarantee governed by its Memorandum and Articles of Association. It is a registered charity with the Charity Commission. Anyone over the age of 18 can become a member of the Company, agreeing to contribute £1 in the event of the charity winding up.

1.4: Recruitment and selection of Trustees

All the Trustees of the charity are also Directors of the company. Under the requirements of the Memorandum and Articles of Association, one third of the directors shall retire from office, being those who have been longest in office as directors. The retiring directors shall be eligible for reelection. Appointment of Trustees is governed by the Trust Deed of the Charity. The Board of Directors is authorised to appoint new directors to fill vacancies arising through the resignation or death of an existing trustee.

All trustees give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in the notes to the accounts.

The Board of Trustees undertakes regular reviews of the skill mix of trustees and of the Board’s efficacy. They have also developed the roles and portfolios of the Trustees, to maximise their support to the organisation and staff team.

It is always the intention of the Board to reflect the local population and to include representation of those with lived experience of caring. All Trustees have access to a training and development fund and are actively

~~5~~

encouraged to explore the role, via conferences, seminars and workshops for trustees.

Continuous improvement is a central tenet of the organisation and Trustees hold an annual away-day where it reviews and measures the organisation against a series of key criteria, such as: sustainability, governance, reputation and quality of services.

1.5: Quality services

The organisation holds the following quality marks:

1.6: Observers

Councillor Becky Haggar (London Borough of Hillingdon’ Carers’ Champion) has served as observer to Board meetings, as well as supporting the organisation’s work through representation with elected Members and championing carers with a broad range of stakeholders.

1.7: Induction and training of Trustees

In addition to their initial meeting with the Chair and Chief Executive, new trustees are provided with the Charity Commission’s Essential Guide to Becoming a Trustee, most recent annual financial statements and a portfolio of current policies and procedures. They are invited to spend some time with the Chief Executive and encouraged to meet other staff and volunteers. It is common practice for new trustees to visit some of the frontline services so they have a better sense of the organisation and its relationship with local communities.

1.8: Organisational structure of the charity

The Board of Trustees administers the charity. The Board meets six times a year; there are four sub-committees covering quality, finance, health and safety and fundraising and an Executive sub-committee also meets at least six times per year, which has devolved decision-making powers between Trustee Board meetings. The Finance Committee meets monthly 11 months of the year (apart from June when the annual audit is in progress).

A Chief Executive is appointed by the trustees to manage the day-to-day operations of the charity. To facilitate effective operations, the Chief Executive has delegated authority, within a scheme of delegation

~~6~~

approved by the trustees, for operational matters including finance, employment and service development for carer support.

1.9: Related parties

1.9.1: Carers Trust Hillingdon is a Network Partner of the national body, Carers Trust.

1.9.2: Carers Trust Hillingdon is one of five founding members of H4All, a Charitable Incorporated Organisation, which was established to improve joint-working across the third sector in Hillingdon and to collectively improve residents’ health and wellbeing. Originally registered as a Community Interest Company at Companies House on 23 September 2015, H4All changed its status to a CIO in March 2019 (Charity no: 1182593). The other partners are local charities Age UK Hillingdon, Harrow and Brent, Disablement Association Hillingdon (DASH), Hillingdon Mind and Harlington Hospice.

1.9.3: Carers Trust Hillingdon is the lead organisation of the Hillingdon Carers Partnership, which is delivering the London Borough of Hillingdon’s Combined Carers Services contract, 2016-2023). It sub-contracts four specialist elements from its partners: Harlington Care, Hillingdon Mind, Alzheimer’s Society and Harlington Hospice.

(2) Objectives and activities

The Company's objectives and principal activities are:

2.1: The relief of poverty and mental or physical sickness or suffering amongst the 'carers' defined in the below object.

2.2: The relief of persons with a disability arising from age, sickness or physical or mental disability in the London Borough of Hillingdon and in particular by the provision of practical help, service, support, advice, advocacy and information to those responsible for their care, especially spouses, partners and relatives who have an unpaid responsibility for their daily care and treatment ('the carers').

2.3: The activities employed to achieve the charity's objectives include:

~~7~~

2.4: In shaping our objectives for the year and planning activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’.

2.5: Volunteers: Carers Trust Hillingdon is very grateful for the support it receives from volunteers in respect of counselling, office administration, support groups such as Carers Cafés, involvement with the Young Carers Clubs and their activities, together with all the events run throughout the year.

In 2020/21 - and despite the severe limitations created by the global pandemic - our volunteers contributed a total of 2,173 hours to the support of carers, predominantly through the new Care calling programme, which offered carers a regular call for emotional support and social contact during lockdown.

Volunteer hours significantly increasing our capacity for support to the carers of Hillingdon. Calculated at the London Living Wage of £10.85 per hour, this equates to an increased service capacity of £23,577.

The commitment of our volunteers has enabled us to reach more carers than ever before; in year we supported 31.8% (8,276) of the 26,000 adult carers in the borough and 43.5% (1,066) of the estimated 2,450 young carers in the borough.

Please note: all figures are based on 2011 census data and therefore likely to be increasingly inaccurate as new data emerges from the recent 2021 census.

2.6: Carers Trust Hillingdon delivered a range of services in order to meet our objectives for our beneficiaries.

During the year Carers Trust Hillingdon has continued to offer services for carers within five broad categories, although many of these have had to be moved online because of Covid-19 restrictions:

2.6.1: Information, advice and support: a High Street drop-in Advice Centre in Uxbridge; maintenance of website and social media accounts; a Carers Newsletter; extensive written information, and; provision of Carers Advisors for every carer using the service. The Advice team offers: help with form-filling, benefit checks, representation at tribunal, advocacy and a home visiting service. The

~~8~~

team speaks four Asian languages and supports many carers who are non-English speaking.

2.6.2: Health and Wellbeing Services for adult carers:

therapeutic care sessions; online Carer Cafes and telephone Support groups for carers unable to access online support; emotional support and one-to-one counselling; psychotherapeutic carer support groups; arts courses; carer training; activities intended to improve health outcomes such as Pamper events; a comprehensive physical activity programme, and step-up support to access other leisure services.

2.6.3: Young Carers Services: one-to-one support; specialist support for children and young people; intensive Family Support Service; online Young Carers Clubs for fun activities and social contact with other young carers; learning opportunities; sports activities; school holiday activities; supported transition from school to further education or employment; advocacy with education and training providers and a comprehensive school liaison programme.

2.6.4: Carer Assessments: we have integrated carer assessments across the Hillingdon Carers Partnership and now conduct all single assessments on behalf of the council, with the exception of parentcarers.

2.6.5: Education and awareness raising: via membership of a series of boards and strategic partnerships; training for professionals; and contribution to the induction programme for all new staff to Hillingdon Health and Care Partners (the local Integrated Care Partnership).

2.7: Finally, Carers Trust Hillingdon has maintained and developed its leadership and management of the Hillingdon Carers Partnership (HCP). The Partnership consistently exceeds contracted Key Performance Indicators and continued to do so this year, despite having to rethink the majority of its provision due to government restrictions.

(3) Key achievements

3.1: Headline successes

~~9~~

3.2: Collaborations and partnerships

We have an excellent track record in collaborative working, most notably through the Hillingdon Carers Partnership (HCP) and H4All, although we work closely with multiple organisations where it is in carers’ interests to do so:

3.2.1: The HCP has made great strides in terms of sharing staff and now hosts the carer support team from the Alzheimer’s Society. Colocation of the two teams has improved communication and is promoting a ‘one-team-without-walls’ approach to supporting carers.

3.2.2: H4All is a formal joint venture with four other local charities and we have successfully secured over £1 million of new contracts from Hillingdon Health and Care Partnership (HHCP). This is resource that has been vired from acute services into preventative community support.

3.2.3: H4All is now taking a leadership role for the third sector in NW London and has been accepted onto the NHSE national third sector Leadership programme, which has seen an investment of resources into the area to secure improved third sector engagement with the emerging NW London Integrated Care System.

3.2.4: In 2020 H4All was awarded Social Prescribing Programme of the Year for its supported transition programme and has been shortlisted for the 2021 Health Service Journal awards.

3.3: National profile

(4) Financial and governance review

4.1: Preparation of financial statements

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting

~~1~~ 0

and Reporting 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, effective on 1.1.15.

4.2: Income

4.2.1: During the financial year 2020/21 , 56% of the organisation’s income was via the Combined Carers Services contract and Corporate Grant from the London Borough of Hillingdon. Remaining income was from Hillingdon CCG and a variety of charitable trusts and foundations.

4.2.2: Other income sources during 2020/21 were:

4.3: Expenditure

4.3.1: Carers Trust Hillingdon has continued to exercise robust budgetary control and to achieve savings. More efficient procurement of services has delivered better value for money and we have a continued commitment to providing quality services at as low a cost as is reasonably possible.

4.3.2: Carers Trust Hillingdon has continued to follow a policy of giving preference to local businesses and this loyalty has often been reciprocated and created benefit for carers (through donation of goods/services or volunteer hours).

4.3.3: As a result of careful financial management, during 2020/21, Trustees have been able to continue to fund a number of services that do not have an ongoing source of external funding, including the appointment of a part-time IT Support Officer in February 2020.

4.3.4: Our Business Continuity team reviews and renegotiates all services contracts on a rolling basis to identify cost-savings wherever possible.

~~1~~ 1

4.4: Minimising environmental impact

4.4.1: We continue to apply our Environmental Management System (EMS), based on the principle of the ‘3 Rs’:

4.4.2: In accordance with the EMS:

4.5: Reserves policy

4.5.1: Our target reserves level is set at five months of the salary, lease and contractual commitments, plus a contingency of £15,000 for Carers Trust Hillingdon, plus an additional £15,000 contingency for H4All. We are exceeding this target.

It should be noted that, as a result of extraordinary access to funding due the pandemic our reserve levels at year end are higher than expected. However, on Finance Committee recommendations, the Board of Trustees has agreed a prudent approach as it is unclear about the impact of the pandemic on the future funding environment. It is clear that there will have to some ‘claw back’ of funding across the statutory and grant-giving sectors; we are therefore retaining higher reserve levels than usual as protection for services in the future.

4.5.2: The Trustees believe that the unrestricted reserves at the current levels, combined with regular review of the controls over the financial systems, will provide sufficient resources in the advent of adverse conditions.

4.6: Risk management

4.6.1: The Trustees actively review the major operational and business risks faced by the charity, in particular focusing on the management of risk associated with the management of four subcontracting organisations.

4.6.2: The charity has a risk management strategy, which comprises:

~~1~~ 2

4.6.3: The Covid-19 pandemic has introduced new risks associated with the impact of the virus on our services and disruption to some of the ways in which we provide support. We have upgraded our Information and Communications Technology (ICT) infrastructure to enable us to move seamlessly to home working, keeping our staff safe and maintaining our services, following the outbreak of coronavirus.

(5) New provision and learning from the Covid-19 crisis

5.1. The challenges of delivering support to carers through the pandemic are perhaps obvious, however the team has responded well and our many KPIs and deliverables have largely not been impacted and we have continued to support more carers than ever before. We have introduced a whole range of online provision as well as some new services:

5.1.1: Care-calling – provided a team of staff and trained volunteers, carers have been able to request a regular call for emotional support and social contact. This service will continue post-lockdown for our older or housebound carers.

5.1.2: Bereavement support – we have developed a programme of workshops that both give carers the skills to provide end of life care at home and that help them to work through and manage their grief when a loved one receives a terminal diagnosis. Additionally, we have developed two Bereavement Cafes and have two more in development.

5.1.3: Due to the impacts of the lockdown on young/young adult carers’ education, we are ramping up our schools liaison programme and developing a new resource pack for schools about young carer support. We continued to support our most vulnerable young carers in schools throughout the lockdown and will capitalise on the new relationships we have built with pastoral care and teaching staff.

5.1.4: Throughout the pandemic we reacted to needs as they arose. Early on this took the form of emergency food parcels and help with shopping and prescription collections. As these needs started to be

~~1~~ 3

met elsewhere, we secured over £40,000 in Covid-relief funding and offered a programme of Hardship grants, which paid for laptops and tablets to support young carers’ education or adult carers’ engagement with online activities. We also provided grants for essential household items and white goods.

5.1.5: We provided personalised tuition to carers to help them get online. Where this was not possible, we offered telephone support groups using simple teleconferencing facilities. We also delivered arts, activity and home baking packs to households across the borough, as well as delivering beauty products so that carers could join online pamper sessions.

5.2: There have been a number of new issues and lessons learnt from the past 12 months:

5.2.1: The importance of breaks from caring for carers - whilst many carers have enjoyed the online support and activities we have provided, it is clear that being in the house 24/7 has been extremely challenging for many, we have learnt the importance of time away for social contact with others. We have therefore prioritised the reinstatement of face-to-face contact and support and are planning to reinstate Carers Cafes in the first instance, with wellbeing activities and workshops to follow. Some online delivery will continue where this has worked well but there is further learning needed to establish the best combination of contact and noncontact delivery.

5.2.2: Safeguarding - because we have had less personal contact with carers, identifying safeguarding issues has become more challenging. Home visits and assessment visits – mainly delivered by the Young Carers team, the Dementia Support team and the Advice team – have largely stopped over the past 12 months. The value of the insights provided during an assessment visit through observation cannot be underestimated and these are currently being reinstated wherever possible. We believe that it is likely that more safeguarding issues than normal will come to light over the next 12 months.

5.2.3: Digital exclusion – whilst we have been able to support many carers to access online services, there are still many who are unable to engage. We have offered telephone-based support groups using simple conference calling facilities and have also offered support through our extensive care-calling programme – both of which will continue as lockdown measures continue to ease. However, digital exclusion remains a major issue, particularly as many other services are now internet-based. Health appointments, advice services, many Council services and a whole host of other activity are now solely accessible online.

~~1~~ 4

5.2.4: Efficiencies of online delivery – it is clearly more costeffective and time-efficient to deliver services online and this has contributed to an increase in our reserves as expenditure such as room hire, travel, volunteer expenses and refreshments have been unnecessary over the past 12 months. However as detailed, face-toface contact is critical to the wellbeing of our carers, so we will continue to develop a mixed approach to future delivery.

5.2.5: Finally, we have seen a significant increase in demand from families that have a range of complex social issues. Demand for mental health support increased 45% and we have moved resources to the Family Support Service to ensure we can provide the intensive, short-term holistic support that these families need.

(6) Responsibilities of the Trustees

6.1: The trustees (who are also the directors for the purpose of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

6.2: Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.

6.3: In preparing these financial statements, the trustees are required to:

6.4: The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the

~~1~~ 5

financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

6.5: The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

6.6: The trustees confirm that so far as they are aware, there is no relevant audit information (as defined by section 418(3) of the Companies Act 2006) of which the charitable company’s auditors are unaware. They have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit information and to establish that the charitable company's auditors are aware of that information.

6.7: Auditor:

In pursuance of expenditure controls, Trustees went to the market and retendered the contract for the annual audit. The tender exercise was commenced in February 2018; the successful organisation, Cox, Costello and Horne, was appointed by Carers Trust Hillingdon’ membership at its AGM in October 2018 and conducted our audit for the first time at the end of the 2018-19 financial year.

6.8: Small Company provisions:

This report has been prepared in accordance with the special provisions for small companies under Part VII of the Companies Act 2006.

6.9: Registered office:

Luther Bouch House 126 High Street Uxbridge Middlesex UB8 1JT

Signed on behalf of the trustees:

~~1~~ 6

Dolores Lee, Chair Dated: 6th August 2021

Independent Auditors Report to the Members of Carers Trust Hillingdon Year ended 31 March 2021

Opinion

We have audited the financial statements of Carers Trust Hillingdon (the ‘charitable company’) for the year ended 31 March 2021 which comprise Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

~~1~~ 7

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees’ annual report other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

~~1~~ 8

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion :

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on pages 12 and 13 the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

~~1~~ 9

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

We considered the nature of the charity’s industry and its control environment, and reviewed the charity’s documentation of their policies and procedures relating to fraud and compliance with laws and regulations. We also enquired of management, and others within the entity about their own identification and assessment of the risks of irregularities.

We obtained an understanding of the legal and regulatory frameworks that the charity operates in, and identified the key laws and regulations that:

~~2~~ 0

We discussed among the audit engagement team regarding the opportunities and incentives that may exist within the charity for fraud and how and where fraud might occur in the financial statements. As a result of performing the above, we identified the greatest potential for fraud in the following areas, and our specific procedures performed to address them are described below:

In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override. In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments; assessed whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluated the business rationale of any significant transactions that are unusual or outside the normal course of business.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone

~~2~~ 1

other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Michael F Cox FCA, Senior Statutory Auditor

Dated: August 2021

For and on behalf of:

Cox Costello & Horne, Chartered Accountants and Statutory Auditors 26 Main Avenue Moor Park HA6 2HJ

~~2~~ 2

Carers Trust Hillingdon Statement of Financial Activities (Incorporating the income and expenditure account) Year ended 31 March 2021

Unrestrict
ed
Funds
Restricte
d
Funds
Total
Funds
2021
Total
Funds
2020
£
£
£
£
INCOME:
Not
e
Incoming resources from
generating funds:
Donations
Income from charitable activities
2
3		 9,999
777,679
8,119
582,413
18,118
1,360,092
19,146
1,097,520
Income from investments
4		 1,908
-
1,908
2,349
Other income
5		 -
209
209
161
TOTAL 789,586
590,741
1,380,327
1,119,17
6
EXPENDITURE ON:
Expenditure on raising funds
6		 (10,109)
(8,088)
(18,197)
(19,074)
Expenditure on charitable
activities
7&
8		 (753,494)
(568,958)
(1,322,452)
(1,092,076
)
TOTAL EXPENDITURE (763,603)
(577,046
)
(1,340,64
9)
(1,111,15
0)
NET INCOME 25,983
13,695
39,678
8,026
TRANSFERS BETWEEN
FUNDS
19		 -
-
-
-
NET MOVEMENT IN FUNDS 25,983
13,695
39,678
8,026
RECONCILIATION OF
FUNDS
Total funds brought forward 261,833
9,584
271,417
263,391
TOTAL FUNDS CARRIED
FORWARD
19		 287,816
23,279
311,095
271,417

~~2~~ 3

Carers Trust Hillingdon Statement of Financial Position Year ended 31 March 2021

2021 2021 2021
2020
£
£
42,173
374,931
__
417,104
(145,687)
__
311,0
95
311,0
95
311,0
95
287,81
6
23,279		 2021
2020
£
£
42,173
374,931
__
417,104
(145,687)
__
311,0
95
311,0
95
311,0
95
287,81
6
23,279		 2020
£ £
Note
Current Assets
Debtors and Prepayments
12		 69,258
Cash at bank and in hand
13		 402,844
____
472,102
CREDITORS:
Amounts falling due within
one year
14
(161,007)
____
NET CURRENT ASSETS 271,417
TOTAL ASSETS LESS CURRENT LIABILITIES 271,417
NET ASSETS 271,4
17
FUNDS
THE FUNDS OF THE CHARITY:
Unrestricted funds
Restricted funds
19
19		 261,833
9,584
TOTAL FUNDS 311,0
95		 271,417

These financial statements have been prepared in accordance with the special provisions for small companies under Part VII of the Companies Act 2006.

These financial statements were approved by the members of the Board on 6 August 2021 and are signed on their behalf by:

Dolores Lee Chair

~~2~~ 4

Charity number: 1082297 Company registration number: 04041290

~~2~~ 5

Carers Trust Hillingdon Statement of Cash Flow For the Year ended 31 March 2021

2021 2020
Note £ £
CASH PROVIDED BY OPERATING 18 26,005 6,874
ACTIVITIES
_______ _______
CASH FLOW FROM INVESTING ACTIVITIES
Interest income 4 1,908 2,349
_______ _______
CASH PROVIDED BY INVESTING 1,908 2,349
ACTIVITIES
_______ _______
Increase in cash and cash equivalents in 27,913 9,223
the year
_______ _______
Cash and cash equivalents at the 374,931 365,708
beginning of the year
_______ _______
TOTAL CASH AND CASH
EQUIVALENTS AT THE END OF		 13 402,844 374,931
YEAR
_______ _______

~~2~~ 6

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

1) Accounting policies

The principle accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared in accordance with 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 (FRS102)– (Charities SORP (FRS102)), the Financial reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

Carers Trust Hillingdon meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going Concern

The trustees are of the opinion that the charity has adequate resources to operate as a going concern for the foreseeable future and the accounts have been prepared on that basis. Although the coronavirus pandemic will require changes to activities, it is not a threat to the charity’s going concern status due to the diverse nature of income streams, high level of unrestricted reserves and discretionary expenditure base. The charity’s charitable programmes will also adapt in response to the changing needs of the sector. As such, at the date of signing these accounts, the trustees’ forecasts indicate that the charity will be able to maintain liquidity for a period of at least one year from the date of signing these accounts and will therefore be able to continue to trade as a going concern.

Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1. The charity is a company incorporated in the England & Wales, and the registered office address is noted on page 3.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported.

~~2~~ 7

These estimates and judgements are continually reviewed and are based on experience and

~~2~~ 8

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

1) Accounting policies (continued)

other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical judgements in applying the charity’s accounting policies

The following are the critical judgements, apart from those involving estimations (which there are none), that the trustees have made in the process of applying the charity’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations and income which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

Transfers within the charity are management charges transferred from various projects to the core project. This is in terms with the bids and service level agreements made to the donors.

Incoming resources

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable the income will be received and the amount can be measured reliably and is not deferred.

~~2~~ 9

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part,

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

1) Accounting policies (continued)

is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Income received in advance of an event or provision of other specified service is deferred until the criteria for income recognition are met.

Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the Bank.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

~~3~~ 0

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

1) Accounting policies (continued)

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity’s activities. These costs have been allocated to expenditure on charitable activities.

All costs are allocated between the expenditure categories of the statement of financial activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly; the others are apportioned on an appropriate basis.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and instant access deposit accounts.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

~~3~~ 1

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Deferred income

Deferred income is provided where the income received in the year has an entitlement for the next financial year and can be reliably measured at the balance sheet date.

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

1) Accounting policies (continued)

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Defined contribution pension schemes

Pension costs in respect of defined contribution schemes are charged to the SOFA for the period in which they are payable. Such costs are allocated to activities and between funds according to an employee’s normal job function.

2)
Donations and legacies		 2)
Donations and legacies
Unrestricte
d
Funds
Restricte
d
Funds
Total
Funds
2021
Total
Funds
2020
£
£
£
£
Donations
Donations 6,743
7,954
14,697
10,796
Gift Aid recovered 546
165
711
448
Gifts in kind 2,710
-
2,710
7,902
9,999
8,119
18,118
19,146

~~3~~ 2

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

Carers Trust Hillingdon
Notes to the Financial Statements
For the year ended 31 March 2021		 Carers Trust Hillingdon
Notes to the Financial Statements
For the year ended 31 March 2021
3) Income from charitable activities
Unrestrict
ed
Funds
Restricte
d
Funds
Total
Funds
2021
Total
Funds
2020
Grants Receivable
London Borough of Hillingdon		 £
£
£
£
Core project
Carers Champion (for Conference/Fair)
Young People’s Fund
Small Business Grant – Covid-19
Contracts Receivable
London Borough of Hillingdon*
Adult and Young Carers		 105,000
-
-
25,000
647,679
-
-
1,957
-
-
105,000
-
1,957
25,000
647,679
105,000
500
-
-
628,815
Hillingdon Borough/Clinical
Commissioning Group partnership
Carers support project
Hillingdon Community Trust
YC+		 -
-
18,016
36,000
18,016
36,000
18,016
33,300
Carers Trust
Deloitte Employment & Education Grant
Quilter Aspirations
Carers Getting Together Grant
Direct Grants to Carers
Emergency Fund – Covid-19
Planning for Tomorrow
Rebranding Grant
Create Arts
Connecting Carers		 -
-
-
-
-
-
-
-
-
-
654
-
-
7,500
2,700
3,000
250
9,624
-
654
-
-
7,500
2,700
3,000
250
9,624
1,600
957
475
3,407
-
-
-
-
-

~~3~~ 3

H4All
London Catalyst
Big Lottery Awards for All
Big Lottery Community Fund
London Youth
Glasspool Charity Trust
BBC Children in Need – FSW
BBC Children in Need – Covid-19
The Henry Smith Charity
Young Londoners Fund
Mercers Philanthropy – Caring Connexions
Mercers Philanthropy – Covid-19
Ajahma Trust
City Bridge Trust – Dementia SW
City Bridge Trust – LCRF - Covid-19
Triangle Trust
Groundwork - LCRF		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
255,004
1,000
7,000
61,016
3,025
-
35,782
2,983
28,121
10,000
29,787
5,000
11,000
34,667
4,207
9,316
4,804
255,004
1,000
7,000
61,016
3,025
-
35,782
2,983
28,121
10,000
29,787
5,000
11,000
34,667
4,207
9,316
4,804
144,430
-
2,975
-
600
300
33,062
-
38,921
10,000
28,662
-
12,000
34,500
-
-
-
777,679
582,413
1,360,09
2
1,097,52
0

4) Investment income

Unrestrict
ed Funds
Restrict
ed
Funds
Total
Funds
2021
Total
Funds
2020
£
£
£
£
Bank interest received 1,908
-
1,908
2,349
1,908
-
1,908
2,349
5) Other incoming resources
Unrestrict
ed Funds
Restrict
ed
Funds
Total
Funds
2021
Total
Funds
2020
£
£
£
£
Miscellaneous income -
209
209
161
-
209
209
161

6) Expenditure on Raising Funds

6) Expenditure on Raising Funds
Restrict Total Total
Unrestrict ed Funds Funds
ed Funds Funds 2021 2020
£ £ £ £

~~3~~ 4

Newspaper Production and
Postage		 5,100
4,565
9,665
10,376
Membership & Subscription 3,101
313
3,414
3,892
Fundraising & Publicity &
Rebranding		 1,521
3,167
4,688
4,048
Volunteer Expenses 387
43
430
758
10,109
8,088
18,197
19,074

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

7) Costs of charitable activities

Activities
undertake
n
directly
Support
and
governanc
e
Costs
Total
funds
2021
Total
funds
2020
Restricted Funds £
£
£
£
Carers Support Worker – CCG
funded
YC+		 18,016
34,232
-
6,424
18,016
40,656
18,016
40,530
YC Residential
Carers Café
YC Donations
N-Hance – YAC Transition
Hillingdon4All
Don’t Tone Alone
Carers Trust - Small Grants
London Youth		 -
-
2,632
22,861
253,366
10,783
8,788
2,516
-
-
-
4,892
1,847
304
-
-
-
-
2,632
27,753
255,213
11,087
8,788
2,516
1,009
2,565
7,372
37,709
144,430
11,933
3,457
600

~~3~~ 5

Dementia Support Worker
Family Support Ofcer – CIN
funded
Young Londoners
Caring Connections - Mercers
Quilter Mental Health & Wellbeing
Carers Champion
Carers Getting Together
Deloitte Education/Employment
YC App Development
Mental Health Carers Support
Triangle Trust
LCRF
Planning for Tomorrow
Groundworks LCRF
Connecting Carers		 32,498
33,036
7,748
30,250
641
-
-
150
7,000
60,433
9,316
3,449
2,700
4,804
5,926
2,230
346
-
540
-
-
-
-
-
470
-
758
2
-
-
34,728
33,382
7,748
30,790
641
-
-
150
7,000
60,903
9,316
4,207
2,702
4,804
5,926
34,676
26,177
10,721
27,088
957
41
475
1,450
2,975
-
-
-
-
-
-
Subtotal ongoing restricted
funds		 551,145
17,813
568,958
372,181
Unrestricted Funds 668,471
85,023
753,494
719,895
1,219,616
102,836
1,322,452
1,092,076

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

8) Governance costs

8) Governance costs
Unrestricte
d
Funds
Restricted
Funds
Total
Funds
2021
Total
Funds
2020
£
£
£
£
Audit and Accountancy Fees
Legal Fees
Costs - Trustees & AGM &
Expenses
Companies House Fees
Bank Charges		 3,845
-
383
21
506
423
-
42
2
56
4,268
-
425
23
562
4,200
387
1,996
113
249
4,755
523
5,278
6,945

~~3~~ 6

9) Analysis of support costs

Staf
costs
Premise
s
costs
Payroll
Costs
Insuranc
e
Total
2021
Total
2020
Restricted funds
Carers Support Worker - CCG		 £
-
£
-
£
-
£
-
£
-
£
20
YC+
YC Residential		 191
-
5,570
-
113
-
201
-
6,075
-
4,762
12
Carers Cafes
YC Donations		 -
-
-
-
-
-
-
-
-
-
49
210
N-Hance YAC Transitions
Hillingdon4All
Don’t Tone Alone
London Youth
Dementia Support Worker
Family Support Ofcer – CIN
Caring Connections -
Mercers Mental Health
Carers Support
Groundworks LCRF
Planning for Tomorrow		 383
1,847
-
-
139
346
272
470
385
2
4,178
-
304
-
1,997
-
-
-
373
-
57
-
-
-
94
-
268
-
-
-
100
-
-
-
-
-
-
-
-
-
4,718
1,847
304
-
2,230
346
540
470
758
2
2,196
748
271
-
3,029
1,339
583
-
-
-
Total restricted funds 4,035
12,422
532
301
17,290
13,219
Unrestricted funds 2,529
73,823
1,184
2,732
80,268
64,379
6,564
86,245
1,716
3,033
97,558
77,598

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

10 Net incoming resources for the year

)

10
)
Net incoming resources for the year
This is stated after charging: 2021
2020
£
£
Auditors’ fees 4,200
4,200
4,200
4,200

11) Staff costs and emoluments

~~3~~ 7

Total staf costs were as
follows:		 2021
£
2020
£
Wages and salaries 698,221
571,658
Social security costs
Pension costs		 54,898
15,549
47,572
12,344
768,668
631,574
Particulars of employees:
The average number of employees during the year, calculated on full-time
equivalents, was as follows:
2021
No.
2020
No.
Number of administrative staf 16.0
16.0
16.0
16.0
No employee received emoluments of more than £60,000 (2019/20-Nil).
The key management personnel of Carers Trust Hillingdon comprise the Chief
Executive Ofcer and three Senior Managers. Total re-numeration of key
personnel £143,326 (2020 - £135,110).
Carers Trust Hillingdon
Notes to the Financial Statements
For year ended 31 March 2021

12 Debtors

)

2021
2020
£
£
Debtors
Other Debtors		 53,297
800
36,646
667
Prepayments 15,161
4,860
69,258
42,173

~~3~~ 8

13
)
Cash at bank and in hand		 2021
2020
£
£
CAF Gold account 172,889
128,262
NatWest Current account
Virgin Money Deposit account
Shawbrook Bank		 13,292
127,873
85,000
29,127
127,248
85,000
Cash in hand
Mental Health Group Funds		 121
3,669
353
4,941
402,844
374,931

Carers Trust Hillingdon are managing and administering funds belonging to an independent Carers Mental Health group, which is held in a separate bank account. The total funds at year end are £3,669 (2020 - £4,941) and are currently listed under Mental Health Group Funds. During the course of the financial year the group spent £1,272 on activities and events (2020 - £1,164).

14
)
Creditors: Amounts falling due
within one year		 2021
2020
£
£
Creditors 8,751
16,359
PAYE & NICs 14,113
14,739
Accruals 36,403
16,857
Prepaid income
Other creditors		 98,071
3,669
92,891
4,841
161,007
145,687

Carers Trust Hillingdon Notes to the Financial Statements For year ended 31 March 2021

) Prepaid income Prepaid Incomin Amounts Prepaid
income as g released income as
at 1 April resource from at 31
2020 s previous March
deferred year 2021
in year
Restricted funds £ £ £ £

15) Prepaid income

~~3~~ 9

Henry Smith Charity
Children In Need
Ajahma Trust
Young Londoners Fund
City Bridge Trust
Mercers Philanthropy
Quilter
Young People’s Fund
Big Lottery – YC App
Carers’ Trust Samaritan
London Youth Getting Active
HCT – YC+
Big Lottery – MH Carer
Support		 28,121
5,529
11,000
5,433
5,750
24,601
2,500
1,957
7,000
1,000
-
-
-
20,150
8,318
-
5,133
5,833
25,934
-
-
-
-
500
20,000
12,203
28,121
5,529
11,000
5,433
5,750
24,601
2,500
1,957
7,000
1,000
-
-
-		 20,150
8,318
-
5,133
5,833
25,934
-
-
-
-
500
20,000
12,203
92,891
98,071
92,891		 98,071

Prepaid income relates to performance related grants received in the year where the remaining objectives will be met in 2021/22.

16) Commitments under operating leases

At 31 March 2021 the charity had total commitments payable under noncancellable operating

leases as set out below

Operating leases which
expire:
Within 1 year
Within 2-5 years
Over 5 years		 2021
2020
Land &
Buildin
gs
Other
Items
Land &
Building
s
Other
Items
45,650
605
45,650
879
171,187
2,218
182,600
-
-
-
34,237
-
216,837
2,823
262,487
879

Lease commitment paid in the year and included as an expense was £45,650 for the advice centre and office rent, and £1,140 for the photocopier.

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

17) Donated goods – volunteer time

~~4~~ 0

The charity benefited from 2,173 hours of volunteer time in 2020/21. Calculated at the London Living Wage of £10.85 per hour, this equates to £23,577 over the course of the year. This is vastly reduced from the previous year due to Covid-19 restricting our face to face activities.

Donated goods received in the year were valued at £2,710.

18
)
Reconciliation of net movement in
funds to net cash fow from
operating activities		 2021
2020
£
£
Net movement in funds 39,678
8,026
Add back depreciation charge -
-
Deduct interest income shown in investing
activities		 (1,908)
(2,349)
Decrease in debtors
Increase in creditors		 (27,085)
15,320
(27,832)
29,029
Net cash used in operating activities 26,005
6,874

~~4~~ 1

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

~~4~~ 2

19) Movement in funds’ resources

19) Movement in funds’ resources 19) Movement in funds’ resources
Balance
1 April
2020
Incoming
Resource
s
Outgoing
Resource
s
Transf
ers
Balan
ce
31
March
2021
£
£
£
£
£
Carers Support Worker
– CCG funded
-
18,016
(18,016)
-
-
YC+
-
41,392
(41,392)
-
-
YC Residential
Carers Café
YC Donations
4,352
611
1,239
-
-
7,200
-
-
(2,632)
-
-
-
4,35
2
611
5,80
7
N-Hance – YAC
Transitions
H4All
Don’t Tone Alone
(Ajahma)
Carers Small Grants
London Youth
Dementia Support
Worker
Family Support Ofcer
– Children In Need
Restricted Donations
Young Londoners
Caring Connections
Young People’s Fund
Quilter Mental
Health/Wellbeing
Deloitte
Employment/Education
YC App Development
Mental Health Carers
Support
Triangle Trust
London Comm.
Response Fund
Planning for Tomorrow
Carers Trust
Rebranding
Groundworks LCRF
Connecting Carers
-
-
88
250
-
397
9
1,030
-
1,458
-
-
150
-
-
-
-
-
-
-
-
28,121
255,214
11,000
8,750
3,025
34,667
33,372
-
10,000
34,787
1,957
654
-
7,000
61,016
9,316
4,207
3,619
3,000
4,804
9,624
(28,121)
(255,214)
(11,088)
(8,788)
(2,516)
(34,728)
(33,381)
-
(7,748)
(31,075)
-
(641)
(150)
(7,000)
(60,903)
(9,316)
(4,207)
(2,702)
(3,000)
(4,804)
(9,624)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
212
509
336
-
1,03
0
2,25
2
5,17
0
1,95
7
13
-
-
113
-
-
917
-
-
-
Total restricted
funds
9,584
590,741
(577,046)
-
23,2
79
Unrestricted funds
261,83
3
789,586
(763,603)
-
287,
816
Total all funds
271,41
7
1,380,32
7
(1,340,64
9)
-
311,
095
~~4~~3

A description of the activities of the Charity relating to each restricted fund is given in the Trustees’ Report

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

20) Comparatives for Movement in Funds’ Resources 2020

20) Comparatives for Movement in Funds’ Resources
2020		 20) Comparatives for Movement in Funds’ Resources
2020		 20) Comparatives for Movement in Funds’ Resources
2020		 20) Comparatives for Movement in Funds’ Resources
2020		 20) Comparatives for Movement in Funds’ Resources
2020		 20) Comparatives for Movement in Funds’ Resources
2020
Balance
1 April
2019
Incoming
Resource
s
Outgoing
Resource
s
Transfer
s
Balance
31 March
2020
£
£
£
£
£
Carers Support
Worker – CCG
funded
-
18,016
(18,016)
-
-
YC+
4
41,501
(41,505)
-
-
YC Residential
Carers Café
YC Donations
5,361
904
6,609
-
2,497
2,002
(1,009)
(2,790)
(7,372)
-
-
-
4,352
611
1,239
Carers Trust Hillingdon
Notes to the Financial Statements
For the year ended 31 March 2021
N-Hance – YAC
H4All
Don’t Tone Alone
(Ajah)
Carers Small
Grants
London Youth
Dementia
Support
Family Support
Ofcer
Restricted
Donations
Young Londoners
Caring
Connections
Quilter
Carers Champion
Carers Getting
Together
Deloitte
Employment/Ed
YC App
Development
(713)
-
21
-
-
1,470
1,325
838
721
889
-
301
-
-
-
38,921
144,430
12,000
3,707
600
34,500
24,861
192
10,000
28,662
957
541
475
1,600
2,975
(38,208)
(144,430)
(11,933)
(3,457)
(600)
(35,573)
(26,177)
-
(10,721)
(28,093)
(957)
(842)
(475)
(1,450)
(2,975)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
88
250
-
397
9
1,030
-
1,458
-
-
-
150
-

Comparatives for the Statement of Financial Activities
2020
Unrestri
cted
Funds
Restric
ted
Funds
2020
Total
Funds
2019
£
£
£
£
INCOME:
Incoming resources from
ge erating funds:
Donations and legacies
Income from charitable
activities
14,455
733,815
4,691
363,70
5
19,146
1,097,52
0
21,261
949,243
Income from investments
2,349
-
2,349
1,266
Other income
120
41
161
1,266
TOTAL
750,739
368,43
7
1,119,1
76
973,03
6
192
10,000
28,662

-
(10,721)
(28,093)

Unrestri
cted
Funds
Restric
ted
Funds		 -
-
-
2020		 1,030
-
1,458
Total
Funds
2019
957
(957)
 - -
541
(842)

£
£		 -
£		 -
£
475

(475)
 - -
1,600
2,975
(1,450)
(2,975)		 -
-		 150
-
14,455
733,815
4,691
363,70
5		 19,146
1,097,52
0		 21,261
949,243
2,349
-		 2,349 1,266
120
41		 161 1,266
750,739
368,43
7		 1,119,1
76		 973,03
6
Total restricted
funds
17,730
EXPENDITURE ON:		 368,437
(376,583)		 - 9,584
Unrestricted
funds
245,66
1
Expenditure on raising
funds		 750,739
(734,567)
(14,672)
(4,402)		 -
(19,074)		 261,833
(17,601
)
Total all funds
263,39
1
1,119,17
6
(1,111,15
0)
Expenditure on charitable
activities
(719,895
)
(372,18
1)		 -
(1,092,0
76)		 271,417
(928,44
2)
(734,56
7)		 (376,5
83)		 (1,111,
150)		 (946,0
43)
~~44~~
16,172		 (8,146
)		 8,026 26,993

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

21) Financial instruments

The charity has the following basic financial instruments: Financial assets measured at amortised cost comprises trade debtors, other debtors and cash at bank and in hand.

Financial liabilities measured at amortised cost comprises trade creditors, other creditors and accruals.

22) Analysis of net assets between funds

Restricted funds are represented by £23,279 of current assets.

Unrestricted funds are represented by £287,816 current assets.

23) Transactions with the trustees

No trustees received any remuneration during the year. No trustee was reimbursed out of pocket expenses relating to travelling and telephone expenditure. The total amount of reimbursed expenses during the year amounted to £nil (2020 - £nil).

The charity has taken up professional indemnity insurance to protect itself and the trustees from loss arising from the neglect or defaults of its trustees and employees. The cost of this insurance amounted to £1,598 (2020 - £1,536).

24) Related party transactions

Carers Trust Hillingdon are one of five sovereign charities comprising H4All C.I.C., a local consortium funded by NHS Hillingdon CCG to encourage healthy living amongst the older population of Hillingdon. We directly employ thirteen members of staff, for which we received funding worth £255,004 in the year 2020/21 (£144,430 in 2019/20).

Carers Trust Hillingdon Notes to the Financial Statements For the year ended 31 March 2021

~~4~~ 5

25) Reserves policy