KNOWSLEY CARERS CENTRE ANNUAL REPORT & UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Company Registration No. 04033165 Charity Registration No. 1082311
KNOWSLEY CARERS CENTRE CONTENTS Trustees, Annual Report statement of Trustees, Responsibilities Independent Examinerfs Report Statement of Financial Activities Balance Sheet Statement of Cash Flows Notes to the Financial Statements 10
KNOWSLEY CARERS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 The trustees a pleased to present their annual report for th8 year ended 31 St March 2025. The financial statements have been Prepared in accotdance with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing Iheir accounts in accordance with the Flnancial Reporting Stsndard applicable in the UK and Republic of Ireland published (FRS 102) as amended for accounting periods commencing from 1 St January 2019. OBJECTIVES AND ACTIVITIES The main objectives of Knowsley Carers Centre are: To alleviate conditions of life amongst people who are caring or have cared for an elderly, sick, disabled or infirm person living at home and to promote their welfare. To relieve, alleviate and to advan, promote and assist in the relief of all kind of mental and physical infirmity, sickness, disablement induding mental illness attributed to caring, amongst carers and those persons to whom they are caring. To advance education concerning caring amongst the carers and the public. The Trustees have regular meetings to agree strategy and endorse decisions regarding the day-to-day activities of the ntre. Knowsley Carers Centre provides the following services: Infomiation and Advice Training Newsletter Carers, Social Groups (Coffee groups) Holistic Therapies Social Events (Day trips) Practical and emotional support Signpostinglreferral to specialist services and agencTes Carers, forumslmeetings Drop In Carers ID card Benefits Advice Counselling Service Public Benefit Statement= In considering the objectives and activities, the Trustees have considered Charity Commission guidance on Public Benefit to ensure that the organisation is meeting its Public Benefit requirements. ACHIEVEMENTS AND PERFORMANCE The Trustee Board (management commiltee) consists of carers and community members who have first-hand experience of the many difficulties, stresses, and frustrations that carers experien in their caring role and the impact it has on their daily lives. The main aims of the Carers Centre where to improve the lives of carers and to ensure they 8re properly valued and supported. Knowsley Carers Centre was a network member of the Carers Trust and appreGiated the help and guidance provided by them.
KNOWSLEY CARERS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 During the financial year, the charity experienced the loss of its principal funding stream from Knowsley Metropolitan Borough Council, which had historically provided the majoFity of income required to sustain core operations. Following a tender process Knowsley Carers Centre did not win the new tender and ceased providing a service to carers in Knowsley from 181 February 26. The staff team followed a TUPE process to the new provider. Following a detailed review of financial forecasts, reserves, and operational commitments, the Trustees made the difficutt d6CtStort to start the clasurg of the clTarity. All stskehGlders, beneficiaries, staff, and partners were informed, and the Board started to ensure that the wind-down process complied with regulatory requirements and best practice. The charity's remaining activities were brought to a close during at the end of January 26, with the aim for the final obligations being settled and remaining assets applied in accordan with the governing document and charity law over time. The Trustees wish to acknowledge the dedication of staff, volunteers, and supporters, and recognise the positive impact the charity has delivered over its lifetime. FINANCIAL REVIEW Total income for the year was £436.073 (2024". £531,492) of which £28,165 (2024: £42,279) related to funding for projects upon which restrictions are plad. Total expenditure ft)r the year was £440,507 (2024: £498,821), leaving a defictt for the year of £4,434 (2024: surplus £32,671). At 31 st March 2025 the charitable comparfs reserves stood at £355,955 (2024". £380,389) of which £33,408 (2024: £40,828) represented restricted funds. Risk Management The trustees have undertaken a review of the charivs positiun and have resolved to commence an orderly wind-down of its operations. This decision has been taken in light of not been able to secure funding from KMBC. During this period, the trustees recognise that the charity faces a number of specific risks, including ensuring Complian with legal and regulatory requirements, the settlement of all outstanding liabilities, the appropriate treatment of staff and stakeholders, and the proper distribution of any remaining assets in accordance with the Charits governing docurnenl. The trustees will continue to monitor risks on a regular basis throughout the cessation prOsS and will ensure that all regulatory reporting requirements are met until the charity is formally closed. The Trustees will continue to review and evaluate the risks to organrsatiorr. Reserves Policy The trustees have reviewed the charity's resetves policy in light of the decision to commence an orderly wind-down of its activities. As the charity is no longer operating on a going concern basis, the focus of reserves management has shifted from maintaining financial sustainabifity to ensuring that sufficient funds are available to meet all obligations during the ssatIon process. The charity's reserves are being applied to cover the costs associated with winding down operations, including any outstanding liabilities. Any remaining funds, after the settlement of all liabilities, will be distributed in accordance with the charity's goveming document.
KNOWSLEY CARERS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Knowsley Carers Centre is a chaFitable eOFnpariy liFFiited by guarantee (registered in England and Wales, No. 04033165) incorporated on 13th July 2000 and registered as a charity (number 1082311) on 6th September 2000. The charity is constituted as a company limited by guarantee and is therefore governed by its Memorandum and Articles of Association dated 13th July 2000. The charity was registered with the Charity CorrtmissioTh 61h September 2000. It rs rFTartaggd ty an Executive Cammittee of Trustees. The Board of Trustees are also its directors. Trustees are elected by Annual General Meetings of the members in accordan with the Articles of Association (as amended 7th December 2004). REFERENCE AND ADMINISTRATIVE DETAILS Name Knowsley Carers Centre 04033165 Company Number Charity Number Registered Office 1082311 143 Bewley Drive Liverpool Merseyside L32 9PE Trustees J E Aston S P Donnelly S A Ellam J Harris (Chair) S McDermott P Meadows J OErien D Phoenlx (Appointed 91h May 2024) Company Secretsry Independent Examiner Ying Huang ACCA LCVS 151 Dale Street LNerpool L2 2AH National Westminster Bank PLC Chatham Customer SeTvice Centre Westem Avenue, Waterside Court Chatham, Maritime, Chatham, ME4 4RT P Rowan Bankers Signed on behalf of the Board of Trustees JH ris - Director and Chair Date
KNOWSLEY CARERS CENTRE STATEMENT OF TRUSTEES, RESPONSIBILITIES The Truste8s (who are also directors of l<nowsley Carers Centre ft)r the purpose of company lawy are responsible for preparirlg the Trustees, Report and the firranciaF staterrrerrts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial period that give a true and fair view of the state of affairs of the charitable company and of its income and expen(fiture for that period. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent", prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue as a going concem; state whether applicable accounting standards have been followed, subject to any matérfal doparture discfosed and explained in the financial statefflents. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitsble company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assots of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102) as amended for accounting periods commencing from 1 St January 2019. By Order of the Board, P Rowan Company Secretary 143 Bewley Drive Kirkby, Liverpool L32 9PE Date..
IMDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KNOWSLEY CARERS CENTRE l port on the accounts of the charitable company for the year ended 31st March 2025, which are set OLtt on pages 8 to 22. The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) arKt that an indeperKlent examination is needed. It is my responsibilFty to: examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the general Directions gtven by the Charity Commission (under section 145(5)(b) of the 2011 Act, and to stste whether particular matters have come to my attention. My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also Fncludes consideration of any unLisual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view, and the report is limited to those matters set out in the statement below. In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordan with section 386 of the Companies Act 2006; and to prepare accounts whith accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting Charities have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Res res trus ective onsibilities of ees and examiner Basis of inde endent examinerfs stgtement Inde endent examinerfs statement Name: Mrs Ying Huang Relevant professional qualification or body: ACCA Address: clo LCVS 151. Dale Street. Liverpool. L2 2AH Dated:
KNOWSLEY CARERS CENTRE STATEMENT OF FINANCIAL ACTIVITIES (including Income & Expenditure) FOR THE YEAR ENDED 31ST MARCH 2025 Unrestricted Restricted Funds Funds 2025 2025 Total Total 2025 2024 Income and endowments from: Donations and legacies Charitable activities Investments 3a 3b 1.354 405,833 721 1,354 1,474 28,165 433,998 529,339 721 679 3c Total income 407,908 28,165 436.073 531,492 Expenditure on: Charitable Activities 404,922 35,585 440,507 498,821 Total resources expended 404.922 35,585 440,507 498,821 Net incomel(expenditure). Net movement In funds 2,986 (7,420) {4,434) 32,671 Total funds brought forward 9.10 319,561 40,828 360,389 327,718 Total funds carried forward 8-10 322,547 33.408 355,955 360,389 The notes on pages 10 to 21 form part of these accounts. The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities of the charitable company.
KNOWSLEY CARERS CENTRE BALANCE SHEET AS AT 31sf MARCH 2025 Company Number: 04033165 Notes 31$t March 2025 31st March 2024 Fixed a88èt8 Tangible fixed assets 7,780 Current assets Debtors Cash at bank and in hand 482 366,684 17.261 351,699 367,166 Current liabilities Credilors,. amounts falling due within one year 368,960 (11,211) (16,351) Net current assets 355,955 352,609 Total assets less current liabilities 355,955 360,389 Funds: Unrestricted funds Restricted funds 322,547 33,408 319,561 40,828 8,10 355,955 360,389 These ffnancial statements have been prepared in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (FRS102). These accounts have been prepared in accordanc& with the provisions applicable to small companies subject to the small companies, regime and in accordance with FRS102 SORP. For the period covered by these acct)unts the conTrpany was entided to exemptioTr under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordan with section 476 of the Companies Act 2006. The trustees. who are the directors of the company, acknowledge their responsibility ft)r complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. Approved by the Board on: J Harris Director Date
KNOWSLEY CARERS CENTRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2025 Notes 31st March 2025 31st March 2024 Cash flows from operating activities Cash (used)Igenerated from operations 15 14,315 64,142 Investing activities Purchase of tangible fixed assets Proceeds from sale of tangible fixed assets Investment income (2,05t) (2, t9tTry 2,000 721 679 Nèt cash generated from financing activities 670 (1,511) Net increase in cash and cash equivalents 14,985 62,631 Cash and cash equivalents at beginning of year 351,699 289,068 Cash and cash equivalents at end of year 366,684 351,699 Represented by: 31st March 2025 31st March 2024 Cash at bank and in hand 366,684 351,699
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31STMARCH 2025 l. Limited Liability The charity is a company limited by guarantee. Each member's liabifity is limited to £1, 2. Accounting Policies Basis of accounting The financial statements have been prepared in accordance with the Statement of RecorrttlTertdEd Pract[-. Accauntirtg and Reportirtg by Charttres prepartng their accounts rn accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) as amended for accounting periods commencing from 1st January 2019 and Charities Act 2011 and the Companies Act 2006. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts are prepared in sterting. which is the functional CurncY of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The Charity has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Going concern At the time of approving the accounts, the Trustees have a reasonable expectation that the charitable company has adequate reserves to continue in operational existence for the foreseeable future. The Trustees are confident that the levels of liquidity and free reserves will not affect the charity's operations. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. Fund accounting UnrestrÉcted funds a the charitls free reserves available for the trustees to apply in accordance with the charitable CoMpanS charitable objectives. Designated funds are funds set aside by the Trustees out of Untricted funds for spectfic fvture purposes. Restricted funds are subject to speafic restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes Is charged to the fund. Income recognition All income is recognised once the charity has entitlement to the income, therB is sufficient cértainty of FsPI and so Tt is probable that the income will b& Feceived, and the amount of income receivable can be measured reliably. Donations and legacies comprise of donations and general grants which are recognised in the accounts when received, with the exception of known leg8cies which are accounted for when their receipt is certain. Income from charitable activities is recognised on an arual'S basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor. Income from investment relates to bank interest received and is recognised when the amount is certain. 10-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Expenditure recognition Liabililies are recognised as soon as there is a legal or construclive obltgation committing the charitable company to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual basis. All expenses, including support costs and governancè costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Actimties. Support and governance costs are appfied Éo unrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure on charttable activities relates to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company. Fixed Assets Capital expenditure is stated IFI the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life as below., Lease Premium Over the term of the lease 250/0 per annum reducing balance basis Fixtures Fittings & Equipment Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrumenL Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Basic flnancial liabilities Basic financral liabilities, induding Greditors ar barth Foarrs are tnitiafly recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debl instruments are subsequently carried at amortised cost, using the effective interest rate method. Derecognition of financlal liabilities Financial liabilities are derecognised when the charity's Gontractual obligations expirè or are discharged or cancelled. Taxation Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefits from various exernptions from taxation afforded by tax legislation and are not liable to corporation tax on income or gains falling within those exemptions. Critical accounts'ng estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not Feadily apparent from other SoUrs. The estimates arKI associated assumptions are based on historical experien and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and undertying assumptions are reviewed on an Onoing basis. Revisions to accounting estimates are recognised in the period in which the estimaté is revised where the revision affects only that period, or in the period of the revision and future periods where the revislon affects both current and future periods. 3. Income and èndowments from.. Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 a. Donations and legacies Donations 1,354 1,354 1,474 Income from donations and legacies for year end 2024 related wholly to unrestricted funds. 12-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 318fMARCH 2025 Unrestricted Restricted Total Funds Funds Funts 2025 2025 2025 Total Funds 2024 b. Charitable Activities Contract income Carers Trust Awards Events Knowsley Metropolitan Borough Council- Household support fund Knowsley Metropolitan Borough Council-Hardship Fund Knowsley Metropolitan Borough Council- Stronger Communities 405,833 405.833 18,665 487,000 10,379 60 18,665 4,500 4,500 19,400 5,000 5,000 5,000 7,500 Totsl 41J5,833 28,165 433.998 529,339 Income from charitable activities for year end 2024 comprised £487,060 unrestricted funds and £42,279 related to restricted funds c. Investments: Bank interest received 721 721 679 Income from investments for year end 2024 related wholly to unrestricted fvnds 4. Expenditure on charitable activities Direct Support & Charitable Governance Expenditure Costs Total 2025 Total 2024 To relieve, alleviate and to advance, promote and assist in the relief of carers 395,696 44,811 440,507 498,821 13-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31STMARCH 2025 . Analysed as follows: Direct chantable expenditure.. Staff salary costs Pension Rent and service charges Newsletter Roorn hire Carers expenses Volunteer Expenses Household support Food Refreshments Equipment hire Equipment DBS fees 2025 2024 234,986 9,690 9,794 477 10,913 112,227 60 4,498 10,374 1,097 420 586 574 271,707 19,240 9,794 415 9,770 126,819 20,224 901 467 696 154 395,696 460,187 Support & govemance costs.. Office costs Insurance Training expenses Subscriptions Recruitment Travel expenses Bank charges Sundry expenses Consultancy Companies House Payroll fees Accountancy Depreciation Loss on Disposal of Fixed Assets 20,440 6,195 170 2,998 1,386 381 269 1,292 1,728 18.133 5,699 918 2,686 38 288 1,036 5,423 13 704 1.285 2,335 96 713 1,408 1,871 5,960 44,811 38,634 Total expenditure on charitable activities 440,507 498,821 £35,585 (2024: £35,203} of the above expenditure relates to restricted funding, 14-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31STMARCH 2025 b. Analysis of stsff costs 2025 2024 staff costs Social security costs Pension 221,794 13,192 9,690 261,898 16,084 12,164 244,676 290,146 c. Particulars of employees: The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows: 2025 2024 11 Charitable acts"vities No employee rec8ived emoluments of more than £60,000 during the year (2024: Nil) The Tntstees are not remunerated for their serv[S arrd are not induded in the abave number of employees. No out-of-pocket expenses were reimbursed to trustees in the year {2024: £nil) 5. Tangible fixed assets Ftxtures, Ftttings & Equipment Total Cost As at 1st April 2024 Additions Disposal during the year 69,351 69,351 2,051 2,051 (71 ,402> (71,402) Balance as at 31st March 2025 Accumulated Depreciation As at 181 April 2024 Depreciation charge Disposal during the year 61,571 61,571 1.871 1,871 (63,442) (63,442) Balance as at 31st March 2025 Net Book Value at 31st March 2025 Net Book Value at 31 st March 2024 7,780 7,780 During the year, the company disposed of all of its fixed assets for proceeds of £2,000. 15-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31STMARCH 2025 6. Debtors 2025 2024 Debtors Prepayments 4,850 12,411 482 482 17,261 7. Credltors: amounts falling due within one year 2025 2024 Credifors Accruals Oth8r creditors fg4 6,638 9,519 1,692 9,519 11,211 16,351 8. Analysis of net assets between funds Year End 2025 Unrestricted Funds General Fund Knowsley Metropolitan Borough Council - Carers Service Knowsley Metropolitan Borough Council - Other Tangible Net Current Fixed Assets Assets Total 206,689 206,689 108,189 108,189 7,669 7,669 322,547 322,547 Restricted Funds Carers Trust Awards Just Connect Knowsley Metropolitan Borough Council Wellbeing Grant Knowsley Metropolitan Borough Council- Household support Fund Knowsley Metropolitan Borough Council- Hardship Fund vnter Wellness Grant 67 15,844 15,078 67 15,844 15,078 185 185 2,137 97 2,137 97 33.408 33.408 355,955 355,955 16-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Tanglble Net Current Total Flxed Assets Assets Year End 2024 Unrestricted Funds General Fund KMBC - Carers Mental Health Services - Contract Knowsley Metropolitan Borough Council - Contract Knowsley Metropolitan Borough Council - Carers Service Knowsley Metropolitan Borough Council - Other 3,105 203,165 206,270 4,187 100,808 104,995 474 7,808 8,282 7,780 311,781 319,561 Restrictsd Funds Carers Trust Awards Just Connect Knowsley Metropolitan Borough Council- Household support fund Knowsley Metropolitan Borough Council Wellbeing Grant Knowsley Metropolitan Borough Council- Harclship Fund Knowsley Metropolrtan Borough Council- stronger Communities Winter Wellness Grant 67 17,501 185 87 17,501 185 15,078 15,078 400 400 7,500 97 7,500 97 4028 7,780 352,609 360,389 17-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31STMARCH 2025 9. Unrestricted funds Year End 2025 Funds at beginning of year movem the year Income Expenditure Funds at end of year General Fund KMBC - Carers Mental Health Services - ContraGt Knowsley Metropolitan Borough Council - Contract Knowsley Metropolitan Borough Council - Carers Servi Knowsley Metropolitan Borough Council- Other 206,270 2,075 {1,656y (7) 206,689 (7) 104,995 405,833 (402,639) 108,189 8,282 (813) 7,669 319,561 40708 (40422) 322,547 Movements in the year Income Expenditure Funds at beginning of year Ytrar End 2024 Funds at end of year General Fund KMBC - Carers Mental Health Servi$ - Contract Knowsley Metropolitan Borough Council - Contract Knowsley Metropolitan Borough Council - Carers Service KrW81&Y Metropolitan Borough Council- Other 205.002 2,213 (945) (2) 206.270 (2) 80,506 487,000 (462,511) 104,995 8,440 (158) 8,282 293,966 489,213 (463,618) 319,561 Description of Funds General Fund - To finance the charitable company's general activities as outlined in the Trustees, Report. KMBC Carers Mental Health Services - Contract - To provide carers. activities, support and eveTrts. Knowsley Metropolitan Borough Council Contract - To provide carers, actlvities, support, and events. Knowsley Metropolitan Borough Council activits'es, suppor¢ and events. Carers Service To provide carers, 18-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 10. Restricted funds Funds at beginning of year Movemenfs in the year Income Expenditure Year End 2025 Funds at end of year Carers Trust Awards Just Connect Knowsley Metropolitan Borough Council Wellbeing Grant Krrowsley MetropolFtan Borough Council- Household support Fund Knowsley Metropolitan Borough Council- Hardship Fund Knowsley Metropolitan Borough Council- Stronger Communities Winter Wellness Grant f8,S65 17,501 CTS,665J (1,657) 15,844 15,078 15,078 185 4,500 (4,500) 185 400 5,000 (3,263) 2,137 7,500 (7,500) 97 97 40,828 28,165 (35,585) 33,408 Movements in the year Funds at Income Expenditure beginning of year Funds at end of year Year End2024 Carers Trust Awards Just Connect Knowsley Mefropolitan Borough Council Wellbeing Grant Knowsley Metropolitan Borough Council- Household support Fund Knowsley Metropolitan Borough Council- Hardship Fund Knowsley Metropolitan Borough Council- StrongeF Communities Winter Wellness Grant 67 17,501 10,379 (10,379) 67 17,501 15,078 15,078 19,400 (19,215) 185 5,000 (4,600) 400 7,5(10 7,500 1,106 (1,009) 97 33,752 42,279 (35,203) 40,828 19-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 318TMARCH 2025 Description of Funds The resfricfed funds Were provided for the foifowing purposes: Carers Trust Awards - Small grants for individual carers Just Connect- Project aimed at reducing isolation & loneliness for carers & older people Knowsley Metropolitan Borough Council Wellbeing Grant- To provide wellbeing activities for carers. Knowsley Metropolitan Borough Council- Household Support Grant- Deliver activities or interventions to reduce social isolation and loneliness Knowsley Metropolitan Borough Council Hardship Fund- Contribution towards Christmas food harftF)ers Knowsley Metropolitan Borough Council- Stronger Communities - Deliver activities or interventions to reduce social isolation and loneliness Winter wellness grant - To Deliver activities to reduce socral isolation and loneliness, help to reduce fuel & food poverty. 11. Lease Commitments The leases With Knowsley Metropolitan Borough Council dated 2009 ran out in October 2021, at present there is no lease in place, and the only commitment is to pay quarterly servic& charge&. 12. Related Party Transactions There were no material related party transactions duiing the year which require disclosure (2024: none). 13. Contingent Liabilities The charitable company did not have any contingent liabilities at 31 St March 2025 or 31st March 2024. 14. Guarantees The charitable company is a company limited by guarantee. At 31BI March 2025 in the event of winding-up each member will contribute, if neSsary, the sum of £1. 2025 2024 10 £10 Number of members T(rtal guarartegs £9 15. Post Balance sheet events After the year end, the trustees decided to ase operations and begin the wind-down of the charity activities. On the 6th February 2026, the trustees applied for voluntary stsike off with companies house. -20-
KNOWSLEY CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31STMARCH 2025 16. Cash generated from operations 2025 2f124 (Loss)Isurplus for the year Adjustments for: Investment income Depreciation Loss on disposal of fixed assets Movements in working capital= (Increase)Idecrease In debtors Increa8el{decrease) in creditors Cash generated from operations (4,434) 32,671 (721} 1,871 5,960 (679} 2,335 96 16,779 (5,140) 33.312 (3,593) 14,315 64,142 21
KNOWSLEY CARERS CENTRE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 INCOME Grant income Donations Contract income Other Income Bank Interest 2025 2024 28,165 1,353 405,833 42,279 1,474 487.000 60 679 721 Totsl Jncome 436,073 531,492 EXPENDITURE Charitable Acthfittes Staff salary costs Pension Equipment hire Equipment Recruitment Training expenses Room hire Rent and service charges Newsletter DBS fees Printing, postage and stationery Insurance Telephone and inlernet Travel expenses Volunteer Expenses Carers expenses Computer expenses Subscriptions Refreshments F¢)od Housèhold supporl Consultancy Sundry expenses Companies House Bank charges Payroll fees Accountancy Loss on Disposal of Fixed Assets Depreciation 234,986 9,690 420 586 1,386 170 10,913 9,794 477 574 5,343 6,195 12,579 381 60 112,227 2,518 2,998 1,097 10,374 4,49& 1,728 1.292 271,707 19,240 467 696 918 9,770 9,794 415 154 4,210 5,699 12,944 38 126,819 979 2,686 901 20,224 5,423 1,036 13 288 704 1,265 96 2,335 269 713 1,408 5,960 1,871 Total expenditure on charitsble activities Net (expenditure)lincome for year 440,507 498,821 (4,434) 32,671 (This page does not form part of the statutory financial statements) -22-