2023-03-31-accounts - The Carers Centre

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			Page
Report ofthe Trustees		1	to	9
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet			12
Cash Flow Statement			13
Notes to the Cash Flow	Statement		14
Notes to the Financial Statements		15	to	22
Detailed Statement of Financial Activities		23	to	24

						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	E	E	E	E
INCOME AND ENDOWMENTS		FROM
Donations	and legacies			10,433	15,165	25,598	17,669
Charitable	activities
Support &	Information			782,616	63,049	845,665	640,108
Investment	income			2,017		2,017	267
Total				795,066	78,214	873,280	658,044
EXPENDITURE ON
Charitable	activities
Support &	Information			695,109	78~214	773/323	622,367
NET INCOME				99,957		99,957	35,677
RECONCILIATION OF FUNDS
Total funds	brought forward			381,901		381,901	346,224
TOTAL FUNDS CARRIED FORWARD				481,858		481,858	381,901

								2023	2022
						Unrestricted	Restricted	Total	Tota I
					Notes	funds I	funds I	funds 6	funds I
FIXED	ASSETS
Tangible	assets				11	17,004		17/004	7,106
CURRENT ASSETS
Debtors					12	6,723		6,723	155,413
Cash at	bank and		in hand			479/229	25/946	505/175	265/562
						485/952	25/946	511/896	420 975
CREDITORS
Amounts	falling	due within		one year	13	(21/098)	(25/946)	(47/044)	(46/ 180)
NET CURRENT		ASSETS				464,854		464/854	374,795
TOTAL	ASSETS LESSCURRENT
LIABILITIES						481,856		481/858	381,901
NET ASSETS						461,858		481,856	381,901
FUNDS					15
Unrestricted funds								461,858	381,901
TOTAL	FUNDS							481,858	381,901

		2023	2022
	Notes	E	5
Cash flows from operating	activities
Cash generated from operations 1		252,172	50,266
Net cash provided by operating activities		252,172	50,266
Cash flows from investing	activities
Purchase of tangible fixed assets Interest received		(14,576) 2,017	(2,496) 267
Net cash used in investing activities		(12,559)	(2,229)
Change in cash and cash
equivalents In the reporting	period	239,613	48,037
Cash and cash equivalents	at the
beginning ofthe reporting	period	265,562	217,525
Cash and cash equivalents	at the
end ofthe reporting period		505,175	265,562

	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
					2023	2022
						I
	Net income for the reporting of Financial Activities)		period (as per	the Statement	99,957	35,677
	Adjustments for:
	Depreciation charges				4,679	6,722
	Interest received Decrease/(increase) Increase In creditors	in debtors			(2,017) 148,689 864	(267) (6,501) 14,635
	Net cash provided	by operations			252,172	50,266
2.	ANALYSIS OF CHANGES IN		NET FUNDS
				At 1.4.22	Cash flow	At 31.3.23
				6	6	E
	Net cash
	Cash at bank and in	hand		265,562	239,613	505,175
				265,562	239,613	505,175
	Total			265,562	239,613	505,175

DONATIONS AND LEGACIES
	2023	2022
	E	I
Donations	4,865	213
Grants	15,165	14,635
Other Income	5,568	2,821
	25,598	17,669

Grants	received, included in the above, are	as follows:
		2023	2022
		6
Carers	Trust	15,165	14,635

								2023	2022
								6
	Deposit account	interest						2,017	267
4.	INCOME FROM	CHARITABLE ACTIVITIES
				Activity				2023 E	2022 I
	Grants			Support	&Information			64,249	63,527
	LBTower Hamlets			Support	&Information			762,949	576,581
	Age UK East London			Support	&Information			18,467
								845~665	640,108
	Grants received,	included	In	the above,		are as follows:
								2023	2022
								6	f
	Cooper Company							1,000
	Carers Trust							6,429
	Postcode neighbourhood		trust						9,600
	Wakefield &Tetley Trust London Borough ofTower		Hamlets					7,725	4,400 17,227
	Trust for London							37,025	28,500
	Penny Appeal							1,900	3,800
	Festival of Communities							200
	National Lottery	Community		Fund				9,970
								64,249	63,527
5.	CHARITABLE ACTIVITIES			COSTS
								Support
							Direct	costs (see
							Costs I	note 6) I	Totals E
	Support &Information						419,663	353,660	7731323
6.	SUPPORT COSTS
								Governance
						Management	Premises I	costs E	Totals I
	Support &Information					300,009	38,726	14,925	353,660
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is	stated after charging/(crediting):
								2023	2022
								E	I
	Depreciation —owned assets Other operating leases							4,678 2,610	6,723 1,560

		2023	2022
		E	I
Wages	and salaries	440,927	392,354
Social	security costs	44,643	37,091
Other	pension costs	13,295	12,998
		498,865	442,443

The averag	e monthly number of	em	ployees during the year	was as follows:
					2023	2022
Total					15	14
No employees received emoluments			in excess ofF60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL				ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
				I	I	E
INCOME AND ENDOWMENTS		FROM
Donations	and legacies			3,034	14,635	17,669
Charitable	activities
Support &	Information			576,581	63,527	640,108
Investment	income			267		267
Total				579,882	78,162	658,044
EXPENDITURE ON
Charitable	activities
Support &	Information			539,895	82,472	622,367
NET INCOME/(EXPENDITURE)				39,987	(4,310)	35,677
RECONCILIATION OF FUNDS
Total funds	brought forward			341,914	4 310	346~224
TOTAL FUNDS CARRIED FORWARD				381,901		381,901

11.	TANGIBLE FIXEDASS		ETS
			Fixtures
			and	Computer
			fittings I	equipment I	Tota Is I
	COST
	At 1st April 2022 Additions		89,139 2,317	18,904 12,259	108,043 14,576
	At 31st March 2023		91,456	31,163	122,619
	DEPRECIATION
	At 1st April 2022 Charge for year		86,545 761	14,392 3,917	100,937 4,678
	At 31st March 2023		87,306	18,309	105,615
	NET BOOK VALUE
	At 31st March 2023		4,150	12,854	17,004
	At 31st March 2022		2,594	4,512	7,106
12.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2023	2022
				E	I
	Trade debtors			125	145,986
	Prepayments			6,598	9,427
				6,723	155,413
13.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2023	2022
					I
	Trade creditors Social security and other		taxes	3,487 10,136	4,597 10,059
	Pensions payable Deferred Income Accrued expenses			2,307 25,946 5,168	2,055 23,470 5,999
				47,044	46,180

Minimu	m l	ease payments under non-cancellabl	e operating leases fall due as follows:
			2023	2022
			6	I
Within	one	year	15,000	20,680

MOVEM	ENT	IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
			E	E	E	E
Unrestricted		funds
General fund Designated funds			184,901 197,000	99,957	(33,000) 33,000	251,858 230,000
			381,901	99,957		481,858
TOTAL	FUNDS		381,901	99,957		481,858

Net movement in funds, in	cluded In the above	are as follows:
		incoming	Resources	Movement
		resources	expended	In funds
		E	E	E
Unrestricted funds
General fund		795~066	(695r109)	99,957
Restricted funds
Carers Trust London Borough ofTower Trust for London Penny Appeal National Lottery Community	Hamlets Fund	21,594 7,725 37,025 1,900 9,970	(21,594) (7,725) (37,025) (1,900) (9,970)
		78,214	(78,214)
TOTAL FUNDS		873r280	(773g323)	99,957

Compa	rativ	es	for movement in fund	s
					Net	Transfers
					movement	between	At'
				At 1.4.21	in funds	funds	31.3.22
					E	E	E
Unrestricted			funds
General	fund			151,914	39,987	(7,000)	184,901
Designated		funds		190,000		7,000	197,000
				341,914	39,987		381,901
Restricted		funds
London	Borough ofTower Hamlets			4,310	(4,310)
TOTAL	FUNDS			346,224	35,677		381,901

Comparative net movem	ent In funds, included	in the above are as follow	s:
		Incoming	Resources	Movement
		resources	expended	In funds
		E	E	E
Unrestricted funds
General fund		579,882	(539,895)	39,987
Restricted funds
Carers Trust		14,635	(14,635)
Postcode Neighourhood	Trust	9,600	(9,600)
Wakefleld 8rTetley Trust		4,400	(4,400)
London Borough ofTower Hamlets		17,227	(21,537)	(4,310)
Trust for London		28,500	(28,500)
Penny Appeal		3,800	(3,800)
		78,162	(82,472)	(4,310)
TOTAL FUNDS		658,044	(622,367)	35,677

				2023 E	2022I
Redundancy	fund			165,000	130,000
Building maintenance		fund		10,000	10,000
2 quarters	rent			10,340	10,340
outstanding leases (annual Service delivery (monthly			charge) costs x 3)	4,660 40,000	9,000 40,000
Tota I				230,000	197,000

				2023I	2022 5
INCOME AND ENDOWMENTS
Donations and	legacies
Donations Grants				4,865 15,165	213 14,635
Other Income				5,568	2,821
				25,598	17,669
Investment income
Deposit account interest				2,017	267
Charitable activities
Grants				64,249	63,527
LBTower Hamlets				762,949	576,581
Age UK East London				18,467
				845,665	640,108
Total incoming	resources			873,280	658,044
EXPENDITURE
Charitable activities
Wages				251,628	242,287
Social security				23,599	21,308
Pensions				7,773	11,286
Carer costs				136,663	57,325
				419,663	332,206
Support costs
Management
Wages				189,299	150,067
Social security				21,044	15,783
Pensions Other operating	leases			5,522 2,610	1,712 1,560
Insurance Telephone				3,837 11,298	2,928 10,217
Postage and stationery				2,489	1,346
Sundries Legal and professional Repairs and renewals			fees	2,666 4,769 5,033	3,069 3,821 6,399
Computer running		costs		14,992	10,218
Staff training Donations				12,430 216	6,292 216
Advertising				780	2,391
Cleaning costs				10,299	7,383
Travel				262	85
Consultancy					20,322
Recruitment costs Plant and machinery				7,784 761	687
Carried forward				296,091	244,496

		2023 6	2022I
Management
Brought forward Fixtures and fittings		296,091 3,918	244,496 6,035
		300,009	250,531
Premises
Rent		23,419	20,680
Rates 8r refuse		190	228
Light, power,	heating 5water	15,117	5 539
		38,726	26,447
Governance	costs
Accountancy	and legalfees	14,925	13,183
Total resources	expended	773,323	622,367
Net income		99,957	35,677