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← Carers Trust Hillingdon and Ealing

2025-03-31-accounts

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Carers Trust Hillingdon and Ealing Ltd

Company Limited by Guarantee

England & Wales Charity number: 1082297 England & Wales company registration number: 04041290

Annual Report 31 March 2025

Auditor:

Cox Costello & Horne Chartered Accountants and Tax Advisers Batchworth Lock House 99, Church Street Rickmansworth WD3 1JJ

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Contents
Chair of Trustees statement 2024-25 -------------------------------- 3
Trustees’ Annual Report 2024-25 ------------------------------------ 4
(1) Objectives and Activities -------------------------------------------------------- 4
(2) Delivering Quality Services ---------------------------------------------------- 5
(3) Volunteers -------------------------------------------------------------------------- 6
(4) Restructure and Key Achievements ----------------------------------------- 6
(5) Interested Parties ----------------------------------------------------------------- 10
(6) Collaborations and Partnerships ---------------------------------------------- 10
(7) Preparation of Financial Statements ----------------------------------------- 11
(8) Reserves Policy ------------------------------------------------------------------- 11
(9) Risk Management ---------------------------------------------------------------- 12
(10) Recruitment of Trustees -------------------------------------------------------- 12
(11) Induction and Training of Trustees ----------------------------------------- 12
(12) Organisational structure of Charity ------------------------------------------ 13
(13) Staff recruitment, retention and remuneration ---------------------------- 13
(14) Planning for the Future -------------------------------------------------------- 13
Responsibilities of the Trustees -------------------------------------- 15
Independent Auditors Report ------------------------------------------ 16
Statement of Financial Activities ------------------------------------- 21
Statement of Financial Position --------------------------------------- 22

Statement of Cash Flows ------------------------------------------------		 23
Notes to the Financial Statements ----------------------------------- 24

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CHAIR OF TRUSTEES STATEMENT, 2024-25

As Chair of Trustees for Carers Trust Hillingdon and Ealing Ltd (henceforth referred to as the Charity), on behalf of the Board of Trustees, I am pleased to present our Annual Report and Financial Statements for the year April 2024 to March 2025.

The Financial Statements and Memorandum and Articles of Association comply with current statutory requirements. The Trustees annual report also states requirements of a director’s report as required under Company law. The annual report are also in compliance with the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP, applicable to charities preparing their accounts in accordance with FRS 102 and FRS 102 itself.

Last year we reported a change in senior personnel. After 10 years of consistent leadership, the charity’s Chief Executive, Sally Chandler, handed over the role to internal candidate, Joanne Burns, after a competitive interview process. After 8 months in the role a number of personal and professional factors meant that Joanne was no longer able to continue in the role, despite doing a great job during her tenure!

As we were looking at competitively tendering for our core Hillingdon contract, we were delighted that Sally was able to return to the Chief Executive role in October 2024 to lead the charity through the tender and subsequent team restructure. Sally had stayed with the charity part time to manage all our external commitments, and was therefore able to pick things back up very quickly, with no loss of momentum at a challenging time. We are delighted to say that the Hillingdon Carers Partnership was re-awarded the Hillingdon contract in March 2025, to start from 1 May 2025. This offers the charity a stable core of funding for at least the next five years, with a possible extension for a further three years to 2033.

The Senior Management team has worked hard over the year to respond to a number of financial challenges, meaning two restructures of the team. However, we have given complete priority to frontline services and have managed to continue to deliver an extensive range of quality support to carers, with minimal disruption to the services you know and trust.

Dolores Lee, Chair of Trustees

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TRUSTEES ANNUAL REPORT, 2024-25

The Board of Trustees is pleased to report that all core activities and frontline services have been unaffected by the financial challenges, and the Board and Senior Management team have worked hard to ensure that every penny possible is driven to the frontline to support carers and to continue to deliver the quality services that the Charity is known for.

(1) Objectives and Activities

The Charity's objectives and principal activities are:

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

The relief of persons with a disability arising from age, sickness or physical or mental disability and in particular by the provision of practical help, service, support, advice 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').

During the year Carers Trust Hillingdon and Ealing Ltd has continued to offer a broad range of services for carers in order to meet objectives for our beneficiaries. Many of our services have now returned face-to-face, although by popular demand from carers, a hybrid delivery methodology has been adopted with some activity still delivered online for their convenience. Activity falls into five broad categories:

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Finally, Carers Trust Hillingdon and Ealing Ltd has maintained and developed its leadership and management of the Hillingdon Carers Partnership (HCP). The Partnership consistently exceeds contracted Key Performance Indicators (KPIs) and offers a single point of access to support for carers, meaning they only have to tell their story once.

(2) Delivering Quality Services

The organisation holds the following quality marks:

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)’. All core services support our charitable objectives and include:

In 2024-25, we supported 4,643 (20.7%) of the 22,463 carers that 2021 Census data indicates live in Hillingdon, and 1,772 (72.3%) of the estimated 2,450 young carers in the borough.

This is a decrease movement of 10.6% on adult carers supported compared to 202324 figures of 5,193 (23%) and an increase of 17.5% on young carers on previous figures of 1,508 (61.5%).

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(3) Volunteers

Volunteer hours significantly increasing our capacity for support to the carers of Hillingdon. The Charity is very grateful for the support it receives from its volunteers. In addition to the Board of Trustees, volunteers cover many roles and give thousands of hours per year to support our services. They provide office administration support, reception cover, outreach activity, help at Carers Cafés, counselling, setting up exercise classes, involvement with the Young Carers Clubs and their school holiday activities, curriculum support for young carers in schools and many other roles as needed.

In 2024-25, our volunteers contributed a total of 4,435 hours to the organisation, which, calculated at the London Living Wage of £13.15 per hour, equates to an increased service capacity of £58,320.

This was a slight increase on 2023-24 figures, when carers benefitted from 2,802 hours when the London Living Wage was £13.15 per hour. The decrease capacity value was therefore £36,846.

(4) Restructure and Key achievements

(i) Restructure

New-look services for the Young Carers team

(1) Why we restructured the service

In late 2024, we started to rethink how we support the young and young adult carers registered with us. This was for four main reasons:

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We completely restructured the team and the services they deliver to meet the identified new challenges, all of which will go live in the next financial year, 2025-26. This saw some posts being deleted and other new roles created, with the team now structured around four main sub-teams:

Finally, we have a new Young Carers Senior Manager . As part of the Senior Management team, Linda Patterson will have overall responsibility for the new services and to ensure that new ways of working are regularly reviewed and adapted as we develop our learning, Because of the way we have funded this post, there is also a dedicated day per week where the Senior Manager works as part of the Supported Transition service alongside our Supported Transition Officer.

(ii) Key achievements

The team has worked hard to deliver core services and to achieve the things that add value to the work the Charity does. Headline achievements in year include:

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Headline achievements for young and young adult - carers, 2024 25

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Headline achievements for

adult carers2024 25

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(5) Interested parties

Carers Trust Hillingdon and Ealing Ltd is the lead organisation of the Hillingdon Carers Partnership, which is delivering the London Borough of Hillingdon’s Combined Carers Services contract, 2016-2023 (extended to March 2025). It sub-contracts four specialist elements from its partners: Harlington Care, Hillingdon Mind, Alzheimer’s Society and Harlington Hospice. www.carerstrusthillingdon.org/the-hillingdon-carerspartnership/

Carers Trust Hillingdon and Ealing Ltd is a Network Partner of the national body, Carers Trust. This means they are part of a network of 130+ Carers Centres across the UK under a national umbrella body, Carers Trust. The annual affiliation fee gives us access to central support in the form of: national campaigns; regional structures offering peer support; access to the Network Support team for advice and guidance; grant and hardship funding; an annual Conference; learning networks and a central Learning Hub; Policy and Parliamentary digests, and; central research and intelligence about caring in the UK. www.carers.org

Carers Trust Hillingdon and Ealing Ltd is one of five founding members of H4All, formerly a Charitable Incorporated Organisation (CIO), which was established to improve joint-working across the third sector in Hillingdon and to collectively improve residents’ health and wellbeing. www.h4all.org.uk

Whilst H4All continues to deliver health contracts in Hillingdon under the H4All brand, in early 2024, it changed its status to 3ST (Third Sector Together) NWL. 3ST operates across the eight boroughs of NW London: Hillingdon, Harrow, Brent, Hounslow, Ealing, Kensington and Chelsea, Westminster and Hammersmith and Fulham. www.3stnwl.org.uk It is the recognised third sector collaborative by NWL Integrated Care System (ICS) and has secured financial investment from the ICS to support development.

(6) Collaborations and partnerships

For those carers who are members of the charity, you might remember us writing to you about 2 years ago seeking your support for a name change from Carers Trust Hillingdon to Carers Trust Hillingdon & Ealing. This was to better reflect the geography that we now cover since winning a four-year contract with Ealing Council to deliver breaks for adult carers as the lead partner for the newly-formed Ealing Carers Partnership. We are now 18 months in to the work and thought it would be helpful to update all our stakeholders on where we are up to with developing support for Ealing’s carers, and our dedicated team there have made great strides.

The Ealing Carers Partnership consists of ourselves, Harlington Care and Ealing & Hounslow CVS (Council for Voluntary Services). As in Hillingdon, Harlington Care provide all the regulated respite (replacement) care for us to give carers a short break in their own homes. Ealing & Hounslow CVS are the body that supports all the thousands of small charities that work across the two boroughs that they cover. They have been invaluable in ensuring that what we develop is bedded in locally, that our services are publicised through their considerable networks and, in securing us volunteers to support the team through their local volunteer hub.

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Whilst growing the number of carers registered with the service remains challenging, the number of new partnerships, opportunities and regular services that the team has developed is really strong. Unfortunately, for a number of complex reasons, we were not allowed access to any databases of carers, so the team has focussed on an extensive programme of outreach across the seven ‘towns’ in Ealing to help find and register carers and to raise awareness of the new services with frontline services and other charities that can refer carers to us for our support.

(7) Preparation of financial statements

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the charity’s governing document, the Companies Act 2006 and Accounting 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 (FRS 102) effective on 1 January 2019, and FRS 102 itself.

Income:

During the financial year 2024/25, 38% of the organisation’s income was via the Combined Carers Services contract and Corporate Grant from the London Borough of Hillingdon, compared to 53% in the previous 12 months. A further 18% was from the contract with the London Borough of Ealing. Remaining income was from a variety of charitable trusts and foundations.

Other income sources during 2024/25 were:

Expenditure:

Carers Trust Hillingdon and Ealing Ltd has continued to exercise robust budgetary control to achieve savings, resulting in a surplus of £247,951 this year. By reviewing core costs, the organisation has not yet had to reduce support services for carers, however, it is important to flag that the centre is as lean as it can be and any reduction in income will now start to impact on carer support.

(8) Reserves policy

The Charity’s Reserves target is set at four to six months of annual salary, lease and contractual commitments, plus a contingency of £15,000. Our current reserves are £497,775 being unrestricted funds not represented by fixed assets, so this is currently more than the parameters of £231,358 and £339,538. Trustees continue to maintain healthy levels of reserves to support roles that are coming to the end of their funding pending a new bid or source of funding, although this is strictly monitored and managed.

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The Charity has no designated funds and at the reporting date has restricted funds of £57,462 (£29,755 in 2024).

(9) Risk management

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 sub-contracting organisations in Hillingdon and two in Ealing.

The charity has a risk management strategy, which comprises:

(10) Recruitment of Trustees

All the Trustees of the charity are also Directors of the company. Under requirements of the Memorandum and Articles of Association, one third of the directors should retire from office, being those who have been longest in office as directors. The retiring directors are however eligible for re-election. 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 financial statements.

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 are actively 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.

(11) 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.

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They are invited to spend some time with the Chief Executive and the 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. All have access to a training fund to support their development.

(12) 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 approved by the Trustees, for operational matters including finance, employment and service development for carer support.

In the year, a new Strategic Director role was created to manage the Charity’s significant external partnerships and commitments. Therefore, the Senior Management team comprises: Strategic Director, Chief Executive and two Senior Managers.

(13) Staff recruitment, retention and remuneration

The Charity needs to recruit and retain high quality staff to provide effective services, to sustain our profile and reputation and therefore, to ensure continued resources via external investment. Recruitment is challenging and therefore high levels of retention and attractive remuneration are critical.

Trustees have benchmarked salaries across the sector, particularly focusing on similar roles in other Carer support charities, with central support from the national body to do this. Additionally, they have ensured that staff terms and conditions are reflective of the fact that we are a Carer support charity, and staff have access to Carer and other special leave, such as Bereavement and Maternity/Paternity pay.

Staff are also offered other work-place benefits, such as access to a generous training budget and the Charity is committed to their personal development, not just the mandatory training that we are obliged to provide.

(14) Planning for the future

Continuous improvement is a central tenet of the organisation. In addition to staff planning away days, Trustees hold an annual away-day to:

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preparation for contract tenders, and; two staffing restructures to better meet operational delivery requirements and to respond to financial pressures.

The priorities and focus of planning for the 2024-25 financial year have been on:

Auditor:

In pursuance of expenditure controls, Trustees went to the market and re-tendered 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 and Ealing Ltd’ membership at its AGM in October 2018 and conducted our audit for the first time at the end of the 2018-19 financial year. There is a vote by Carers Trust Hillingdon and Ealing Ltd’s membership every year at its annual AGM when auditors are appointed.

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.

Signed on behalf of the trustees:

Dolores Lee Chair of Trustees Dated: 9[th ] August 2025

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RESPONSIBILITIES OF THE TRUSTEES

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 laws and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees must prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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.

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

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 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.

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.

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.

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Independent Auditors Report to the Members of Carers Trust Hillingdon and Ealing Ltd Year ended 31 March 2025

_____________

Opinion

We have audited the financial statements of Carers Trust Hillingdon and Ealing Ltd (the ‘charitable company’) for the year ended 31 March 2025 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:

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.

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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.

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 15 the trustees (who are also the directors of the charitable company for the purposes of

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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.

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.

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:

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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.

In addition to the above, our procedures to respond to the risks identified included the following:

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.

Use of our report

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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 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.

c 404EE733CB1C4F7...DocuSigned by:

Michael F Cox Senior Statutory Auditor

Dated: 17 October 2025

For and on behalf of:

Cox Costello & Horne Chartered Accountants and Statutory Auditors Batchworth Lock House 99 Church Street Rickmansworth WD3 1JJ

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Carers Trust Hillingdon and Ealing Ltd Statement of Financial Activities (Incorporating the income and expenditure account) Year ended 31 March 2025

_____________

INCOME FROM:
Note
Donations
Charitable activities
2
3
Interest receivable
Other trading activities
TOTAL
EXPENDITURE ON:
Charitable activities
4
Raising funds
5
TOTAL EXPENDITURE
NET INCOME (EXPENDITURE)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
19		 Unrestricted
Funds
Restricted
Funds
Total
Funds
2025
Total
Funds
2024
£
£
£
£
217,612
991,699
9,979
548,805
227,591
1,540,504
19,595
1,413,645
8,042
-
8,042
3,214
-
5,597
5,597
39,385
1,217,353
564,381
1,781,734
1,475,839
(982,339)
(536,103)
(1,518,442)
(1,473,435)
(14,975)
(572)
(15,547)
(19,924)
(997,314)
(536,674)
(1,533,989)
(1,493,359)
220,039
27,706
247,744
(17,520)
220,039
27,706
247,744
(17,520)
278,841
29,756
308,597
326,116
498,880
57,462
556,341 308,596

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Carers Trust Hillingdon and Ealing Ltd Statement of Financial Position Year ended 31 March 2025

_____________

2025 2025 2024 2024
£ £ £ £
Note
Fixed Assets
Tangible assets 10 1,104 2,579
Current Assets
Debtors 11 94,405 103,934
Cash at bank and in hand 12 640,467 361,838
____ ____
734,872 734,872 465,772 465,772
CREDITORS:
Amounts falling due within one
year 13 (179,635) (179,635) (159,755)
____ ____
NET CURRENT ASSETS 555,237 306,017
TOTAL ASSETS LESS CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES 556,341 308,596
NET ASSETS 556,341 308,596
FUNDS
THE FUNDS OF THE CHARITY:
Unrestricted funds 19 498,879 278,841
Restricted funds 19 57,462 29,755
TOTAL FUNDS 556,341 308,596

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 and authorised for issue on 9[th] August 2025, and are signed on their behalf by:

Manpareet Dhaliwal Trustee and Treasurer Charity number: 1082297 (England and Wales) Company registration number: 04041290 (England and Wales)

~~22~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Statement of Cash Flows For the Year ended 31 March 2025

_____________

Note
CASH PROVIDED BY (USED IN)
OPERATING ACTIVITIES
16
CASH FLOW FROM INVESTING ACTIVITIES
Interest income
Purchase of tangible fixed assets
CASH PROVIDED BY (USED IN)
INVESTING ACTIVITIES
Increase/(Decrease) in cash and cash
equivalents in the year
Cash and cash equivalents at the beginning of
the year

TOTAL CASH AND CASH EQUIVALENTS
AT THE END OF YEAR
12		 __ 2025
£
271,307
___
8,041
(720)
__
7,321
_
278,628
__
361,839
___
640,467
_____		 2024
£
(54,401)
___
3,214
(3,900)
__
(686)
_
(55,087)
_
416,926
_
361,839
____

~~23~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

1) Accounting policies

Principal 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 its governing documents, Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements 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 and Ealing Ltd 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).

The charity is a stand-alone entity and is not part of a group, thus the financial statements are for the charity as a single entity.

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 financial statements have been prepared on that basis. The charity’s programmes will also adapt in response to the changing needs of the sector. As such, at the date of signing these financial statements, 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 financial statements and will therefore be able to continue to operate 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 Luther Bouch House, 126 High Street, Uxbridge UB8 1JT. The charity has 124 members (2024: 130).

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.

~~24~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

1) Accounting policies (continued)

Fund accounting

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

Restricted funds are incoming resources 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.

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.

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

Donations

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 are recognised at the time of the donation.

Legacies

Legacies are recognised when it is probable that they will be received. Receipt is normally probable when:

~~25~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

______________

1) Accounting policies (continued)

Gifts in kind

Gifts in kind (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, gifts in kind 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:

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,

~~26~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2024

_____________

1) Accounting policies (continued)

2)

Support costs are allocated according to grant stipulations or proportionately according to the number of employees working on each project.

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.

Termination and Redundancy Payments

These are recognised based on the higher of the legal or contractual amount due, no ex-gratia payments are made. The expense is recognised when a formal plan has been approved and employees have a valid expectation that they will be impacted.

Debtors

Operating 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.

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.

Cash at bank and in hand

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

Creditors

Operating and other creditors 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 are normally recognised at their settlement amount after allowing for any trade discounts due.

~~27~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

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 recognised in income and expenditure on a straight-line basis over the period of the lease.

Defined contribution pension schemes

Pension costs in respect of defined contribution schemes are recognised in income and expenditure 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

Donations
Donations
Gift Aid
Gifts in kind*		 Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Total Funds
2024
£
£
£
£
210,107
9,979
220,086
8,060
-
-
-
337
7,505
-
7,505
11,198
217,612
9,979
227,591
19,595

*Gifts in kind (or Intangible income) comprise non-monetary donations such as items to be distributed to carers and intangible donations such as free venue hire and workshops.

Volunteers contributed 4,435 hours (2024 – 4,356) to the charity’s operations, this contribution in accordance with the requirements of the SORP has not been quantified as intangible income.

~~28~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

3) Income from charitable activities

Grants Receivable
London Borough of Hillingdon
Core project
Contracts Receivable
London Borough of Hillingdon
Adult and Young Carers
London Borough of Ealing
Carers Contract
Hillingdon
Borough/NHS
North
West London ICB
Carers Support Project
Carers Trust
Direct Grants to Carers
Time for Me!
Young Carers Award Day
Communities of Practice
Making Carers Count
Carers café
H4All
Big Lottery Community Fund
BBC Children in Need – FSW
Compassionate Hillingdon
The Henry Smith Charity
Mercers
Philanthropy
–
Caring
Connexions
City Bridge Trust – Dementia SW
Lidl Neighbourhood Fund
Triangle Trust
British & Foreign Schools Society
Arnold Clark
Heathrow Community Trust
Asda Foundation
Masonic Charitable Foundation		 Unrestricted
Restricted
Total Funds
Total Funds
Funds
Funds
2025
2024
£
£
£
£
-
2,0002,000105,000
671,699
-671,699671,699
320,000
-320,000160,000
-
19,09319,09320,676
-
3,1773,177
-
-
-
- 2,175
800
-
600600
-
-
-
-750
-
230,115230,115233,180
-
93,86193,86112,823
-
38,00038,00042,063
-
5,9575,957
-
-
60,90060,90042,700
-
28,62228,62230,078
-
-
-24,000
-
280280
-
-
-
-17,500
-
30,00030,00030,000
-
-
-2,000
-
13,00013,0009,000
-
-
-400
-
23,200 **23,200 ** 8,801
991,699
548,8051,540,504 1,413,645

~~29~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

4) Costs of charitable activities

sts of charitable activities

Restricted Funds
Carers Support Worker – CCG
funded
Carers Café
YC Donations
N-Hance – YAC Transition
H4All
Carers Trust - Small Grants
Dementia Support Worker
Family Support Officer – CIN funded
Caring Connections – Mercers
Young People’s Fund
Mental Health Carers Support
Triangle Trust
Arnold Clark
Middlesex Masonic Charity
Tommy’s Fund
Jubilee Party 2022
Neighbourly Lidl
Communities of Practice
Time For Me!
British & Foreign Schools Society
Compassionate Hillingdon
YC Awards
St Helen’s
Heathrow Community Trust
Masonic Charitable Foundation
Asda Foundation
YC Awareness Day
Subtotal ongoing restricted funds
Unrestricted Funds		 Activities
undertaken
directly
Support and
governance
costs
Total
fundsTotal funds

2025
2024
£
£
£
£

2,637
-2,63720,676
2,090
572,1471,500
-
-
-4,512
59,116
1,63660,75242,420
226,506
3,609230,115233,180
3,177
-3,1772,175
81,921
53382,45429,690
37,888
11238,00042,063
27,408
7527,48329,417
1,099
-1,099555
-
-
-12,823
-
-
-17,500
-
-
-1,000
-
-
-1,556
6,953
-
6,95311,988
823
4827
-
2,936
-2,936
-
-
-
-300
-
-
-8,079
-
-
-30,000
-
-
-32,466
29,940
6030,0001,173
11,531
2311,5542,000
-
-
-9,000
-
-
-8,802
12,995
513,000400
22,616
353 22,969 750
529,636
6,467
536,103
544,025
891,383
90,956
982,339
929,410
1,421,019
97,423
1,518,442
1,473,435

~~30~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

5) Expenditure on Raising Funds

5) Expenditure on Raising Funds
Newspaper Production and Postage
Membership & Subscription
Fundraising & Publicity & Rebranding
Volunteer Expenses		 Unrestricted
Funds
Restricted
Funds
Total
Funds
2025
Total
Funds
2024
£
£
£
£
2,019
33
2,052
7,542
8,026
118
8,144
7,592
3,198
135
3,333
3,174
1,732
286
2,018
1,616
14,975
572
15,547
19,924

~~31~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

6) Governance costs

Governance costs
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2025 2024
£ £ £ £
Audit Remuneration and Production of 5,412 88 5,500 5,212
the Annual Report
Costs - Trustees & AGM & Expenses 419 7 426 970
Companies House Fees 53 1 54 13
Trustee Indemnity Insurance 2,762 45 2807 1,863
8,647 140 8,787 8,058

7) Analysis of support costs

Restricted funds
YC+
Carers Cafes
N-Hance YAC Transitions
H4All
Dementia Support Worker
Caring Connections - Mercers
Family Support Officer-CIN
British & Foreign Schools
Tommy’s Fund
Masonic Charitable Foundation
Total restricted funds
Unrestricted funds		 Staff
Costs
Premises
Costs
Payroll
Bureaux
Costs
Premises
Insurance
Governance
Total
2025
Total
2024
£
£
£
£
£
£
£
-
57
57
97
380
533
75
112
60
4
968
4,081
35
22
140
1,545
4081
533
75
112
60
4
1,800
2,534
676
2,633
-
-
-
767
1,221
13,296
5,049
65,455
35
2,136
22
1,330
140
8,647
6,467
90,956
8,507
100,043
14,517
70,504
2,171
1,352
8,787
97,423
108,550

All support costs have been allocated to charitable activities.

~~32~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

8) Net incoming resources for the year

This is stated after charging:

Auditors’ fees		 2025
2024
£
£
5,500
5,486
5,500
5,486

9) Staff costs and emoluments


Total staff costs were as follows:
Wages and salaries
Social security costs
Pension costs		 2025
£
2024
£
816,089
791,250
56,930
16,994
45,981
17,549
890,013
854,780

Included in the total staff costs are redundancy costs of £0 (2024: £14,561).

Particulars of employees:

The average number of employees during the year, calculated on full-time equivalents, was as follows:

Number of staff – Carers Support
Number of staff – Administrative
(6 fulltime, 17 part time)		 2025
No.
2024
Restated
No.
18
4
14
3
22
17

No employee received emoluments of more than £60,000 (2024/25-Nil).

The key management personnel of Carers Trust Hillingdon comprise the Chief Executive Officer and Strategic Director. Total re-numeration of key management personnel £81,639 (2024 - £81,639).

~~33~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For year ended 31 March 2025

_______________

10) Fixed Assets
COST
At 1 April 2024
Additions
As at 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for the year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
11) Debtors
Operating Debtors
Other Debtors
Prepayments
12) Cash at bank and in hand
Bank Accounts
Cash in Hand		 Fixtures &
Fittings
Total
£
£
4,949
4,949
720
720
5,669
5,669
(2,370)
(2,370)
(2,196)
(2,196)
(4,566)
(4,566)
1,104
1,104
2,579
2,579
2025
2024
£
£
93,615
-
92,607
5,113
790
6,214
94,405
103,934
2025
2024
£
£
640,097
361,617
370
221
640,467
361,838

~~34~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For year ended 31 March 2025

_____________

13) Creditors: Amounts falling due within 2025
2024
one year
£
£
Operating creditors 10,859
28,654
Taxation and social security 21,168
14,589
Other creditors 6,779
3,688
Accruals 40,759
18,857
Deferred income 100,070
93,967
179,635
159,755
14) Deferred income Deferred Incoming Amounts Deferred
income as at resources released income as
1 April 2024 deferred from at 31 March
in year previous 2025
year
Restricted funds £ £ £ £
Henry Smith Charity 30,450 31,500 30,450 31,500
Children In Need 6,666 6,666 6,666 6,666
Mercers Philanthropy 28,622 40,000 28,622 40,000
Young People’s Fund 2,000 2,000
British & Foreign Schools Society
2,500		 2,500 2,500 2,500
Masonic Charitable Foundation 12,322 10,879 12,322 10,879
Tesco Grant 1,125 1,125
Sport of England 7,400 7,400
82,560 100,070 82,560 100,070

Deferred income relates to performance-related grants received in the year where the remaining objectives will be met in 2025/26.

~~35~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For year ended 31 March 2025

_____________

15) Commitments under operating leases

At 31 March 2025 the charity had total commitments payable under non-cancellable operating leases as set out below

Operating leases which expire:
Within 1 year

Within 2-5 years

Over 5 years
 2025
Land &
Buildings
2024
Land &
Buildings
56,474
49,074
85,880
36,806

-
142,354
85,880

Lease commitment paid in the year and included as an expense was £56,474 (2024: £49,074) for the advice centre and office rent.

16)
Reconciliation of net movement in funds
to net cash flow from operating activities
Net movement in funds
Add back depreciation charge
Deduct interest income shown in investing activities
(Increase)/Decrease in debtors
Increase in creditors
Net cash generated used in operating activities		 2025
2024
£
£
247,744
(17,520)
2,196
2,160
(8,041)
(3,214)
9,529
19,880
(47,574)
11,747
271,307
(54,401)

~~36~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

17) Movement in funds’ resources

A description of the funds is give in Note 25

Balance Incoming Outgoing Balance
01-Apr-24 Resources Resources 31-Mar-25
£ £ £ £
Carers Support Worker – ICB - 19,093 - 19,093
YC Residential 2,072 - (1,752) 320
Carers Café - 350 (2,147) (1,797)
YC Donations 5,161 9,629 - 14,790
N-Hance – YAC Transitions - 60,900 (61,064) (164)
H4All - 230,115 (230,115) -
Carers Small Grants - 3,177 (3,177) -
Dementia Support Worker - 93,861 (82,454) 11,407
Family Support Officer 360 38,000 (38,000)
 360
Adult Carers Wellbeing 1,031 - (885)
 146
Caring Connections 25 28,622 (27,483) 1,164
Young People’s Fund - 2,000 (1,099)
 901
Lidl Fund - 280 - 280
Middlesex Masonic Charity 3,444 - (826) 2,618
Tommy’s Fund 17,163 - (9,919)
 7,244
Communities of Practice 500 600 - 1,100
British & Foreign Schools Society - 30,000 (30,000) -
Compassionate Hillingdon - 11,554 (11,554) -
Heathrow Community Trust - 13,000 (13,000) -
Masonic Charitable Foundation - 23,200 (23,200) -
Total restricted funds 29,755 564,381 (536,674) **57,462 **
Unrestricted funds 278,841 1,217,353 (997,314) 498,879
Total all funds 308,596 1,781,734 (1,533,989) 556,341

~~37~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

18) Comparatives for Movement in Funds’ Resources 2024 A description of the funds is give in Note 25

Balance Incoming Outgoing Balance
1 April Resources Resources 31 March
2023 2024
£ £ £ £
Carers Support Worker – ICB - 20,676 (20,676) -
YC Residential 2,072 - - 2,072
Carers Café - 1,500 (1,500) -
YC Donations 6,702 2,972 (4,513) 5,161
N-Hance – YAC Transitions - 42,700 (42,700) -
H4All - 233,180 (233,180) -
Carers Small Grants - 2,175 (2,175) -
Dementia Support Worker - 29,703 (29,703) -
Family Support Officer 359 42,063 (42,063) 359
Nail Cutting Service 1,031 - - 1,031
Caring Connections - 30,078 (30,053) 25
Young People’s Fund 555 - (555) -
Mental Health Carers Support - 12,823 (12,823) -
Schools Outreach Project - 17,500 (17,500) -
Arnold Clark 1,000 - (1,000) -
Middlesex Masonic Charity 5,000 - (1,556) 3,444
Tommy’s Fund 29,151 - (11,988) 17,163
Communities of Practice - 800 (300) 500
Time For Me! 8,091 - (8,091) -
British & Foreign Schools Society - 30,000 (30,000) -
Compassionate Hillingdon - 32,466 (32,466) -
YC Awards 1,173 - (1,173) -
St. Helen’s College - 2,000 (2,000) -
Heathrow Community Trust - 9,000 (9,000) -
Masonic Charitable Foundation - 8,801 (8,801) -
Asda Foundation - 400 (400) -
YC Awareness Day - 750 (750) -
Total restricted funds 55,134 519,587 (544,966) 29,755
Unrestricted funds 270,982 956,252 (948,393) 278,841
Total all funds 326,116 1,475,839 (1,493,359) 308,596

~~38~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

________________

(19) Comparatives for the Statement of Financial Activities 2024

INCOME FROM:
Note
Donations
Charitable activities
2
3
Interest receivable
Other trading activities
TOTAL
EXPENDITURE ON:
Raising funds
4
Charitable activities
5
TOTAL EXPENDITURE
NET INCOME (EXPENDITURE)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
19		 Unrestricted
Funds
Restricted
Funds
Total
Funds
2024
Total
Funds
2023
(Restated)
£
£
£
£
15,123
936,699
4,472
476,946
19,595
1,413,645
38,335
1,454,804
3,214
-
3,214
1,881
1,216
38,169
39,385
3,835
956,252
519,587
1,475,839
1,498,855
(18,983)
(941)
(19,924)
(18,996)
(929,410)
(544,025)
(1,473,435)
(1,485,839)
(948,393)
(544,966)
(1,493,359)
(1,504,835)
7,859
(25,379)
(17,520)
(5,980)
7,859
(25,379)
(17,520)
(5,980)
270,982
55,134
326,116
332,096
278,841
29,755
308,596
326,116

~~39~~

Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

______________

20) Analysis of net assets between funds

Fixed assets
Current
assets
Current
liabilities		 Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
1,104
-
1,104
2,579
-
2,579
569,442
165,428
734,872
330,958
134,814
465,772
(71,669)
(107,966)
(179,635)
(54,696)
(105,059)
(159,755)
498,879
57,462
556,341
278,841
29,755
308,596

21) Transactions with the trustees

During the current and preceding years, the trustees received no renumeration, nor reimbursement for any expenses.

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 £2,204 (2024 - £1,863 ).

22) Interested 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 7 members of staff at present, for which we received funding worth £234,325 in the year 2024/25 (£233,180 in 2023/24).

23) Related parties

Other than key management compensation as disclosed in note 9 there were no related party transactions in either the current or preceding year.

24) Financial instruments

The charity has the following financial instruments:

Financial assets measured at amortised cost 734,872 (2024: £459,558).

Financial liabilities measured at amortised cost £179,635 (2024: £ 32,342 ).

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Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

(25) Notes on Funds

Carers Support Worker – ICB funded

NHS Hillingdon ICB partially fund this post covering carers support in terms of advocacy and benefits advice.

N-Hance – YAC Transitions

Henry Smith Foundation fund this project supporting young carers moving out of the education system and into adulthood.

H4All

Umbrella organisation comprising five Hillingdon charities supporting independence and health in the older local population, covering ten staff members.

Dementia Support Worker

City Bridge Trust and Alzheimers’ Society fund this project aimed at supporting carers whose charges have dementia.

Family Support Officer

BBC Children in Need fund this project which supports families with complex caring situations.

Caring Connections

Mercers Philanthropy fund this project promoting health, wellbeing training and leisure pursuits for adult carers.

British & Foreign Schools Society

This is fund for the schools outreach project.

Middlesex Masonic Charity

This grant was given to provide Adult, Young Adult and Young Carers with residential or day trips.

Communities of Practice

Grant for the Young Carers team, spent on Young Carers trips.

Compassionate Hillingdon

This project employs a worker to support bereaved ex-carers in the London Borough of Hillingdon.

Mental Health Carers Support

Funded by the Big Lottery Communities Fund, this project supports carers mental health challenges.

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Docusign Envelope ID: D10208FB-C2A4-4636-87AD-16AF9DE61CAD

Carers Trust Hillingdon and Ealing Ltd Notes to the Financial Statements For the year ended 31 March 2025

_____________

Notes on Funds

YC Awards

Local businesses donated for awards ceremony recognising the achievements of our Young Carers.

Heathrow Community Trust & Masonic Charitable Foundation

These grants contributed to the salaries of the schools’ outreach team

Lidl Fund

This grant was for a Christmas party for Young Adult Carers.

YC Awareness Day

This grant was used to celebrate Young Carers Awareness Day by running drama workshops.

YC Residential

Mayor’s Fund donations to give young carers a short residential break.

Carers Café

Donations to run monthly cafes in four different towns in Hillingdon.

YC Donations

General donations specified for young carers activities or service provision.

Carers Small Grants

Small grants issued by the Carers Trust to cover short breaks for carers or items required.

Young People’s Fund

Grant to run day trips for young carers.

Tommy’s Fund

Private donor funded project aimed at supporting bereaved carers and alleviating hardship.

Arnold Clarke

Grant for a day trip for young adult carers.

Time For Me!

Carers Trust funded project enabling carers to enjoy events and activities, as well as family trips.

School Outreach Project

Grant to run School outreach activities for young carers.

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