REGISTERED COMPANY NUMBER: 04024413 (England and Wales)
REGISTERED CHARITY NUMBER: 1084930
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
FOR
THE CARERS CÉNTRE
Clemence Hoar Cummlngs
Chartered Accountants
Rlverslde House
I-S Como Street
Romford
Essex
RM7 7DN

THE CARERS CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
Page
Report of the Trustees
I to 9
Independent Examlner's Report
io
Statement of Flnanclal Actlvltles
li
Balance Sheet
12
Cash Flow Statement
13
Notes to the Cash Flow Statement
14
Notes to th• Flnanclal Stat•ments
15 to 22
Detalled Statement of Fln•nclal Actlvltles
23 to 24

THE CARERS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
On behalf of the Carers Centre Tower Hamlets, l am proud to present our Annual Report and Accounts
coverlng the operatlonal year 01 Aprll 2023 to 31 March 2024. Thls report hlghlights the actlvltles and
achlevements durlng a tlme of Increased demand and complexlty.
We Start thls annual report by thanklng unpaid carer5 for everythlng they do. They play a vital but often
overlooked role, yet the contributlon they make Is enormous. One In twelve resldents In Tower Hamlets Is
an tsnpald carer supportlng a famlly member, frlend or nelghbour for up to 100 hours a week.
Our role at the Carers Centre15 to support Tower Hamlets carers to Ilve fulfllllng Ilves.
Over the past year our team has developed and enhanced our hollstlc approach to reach more carers In
Tower Hamlet's communltles than ever before. Servlng over 2,500 Indlvlduals wlth relevant advlce,
guldance and connectlon; bulldlng confidence, self-worth and reslllence.
To do thls we have Increased the range of actlvltles that support Improvements to health and wellbelngi
whlle also runnlng a more varled range of educational and lelsure actlvltles.
The Impact of these servlces has seen carers,;
physlcal wellbelng Increased by 75%
emotlonal wellbelng Increased by 81%
feel they had more tlme for themselves Increased by 39%
feel lesslsolated and less lonely Increased by 35 %
IncredSbly, the team also secured £1,442,661 of welfare beneflts and £25,987 In dlrert grants. Provldlng
support for the flnanclal wellbelng of carers durlng one of the toughest years, where the cost-of-llvlng
and energy crlsls dlsproportlonately Impacted our communlty.
We contlnue to work collaboratlvely strengthenlng partnershlps and networks. Our emphas15 remalns on
ensurlng carers have access to Informatlon, advlce and resources. The Hospltal Carers Support servlce at
the Royal London Hospltal, Is a great example of thls. We're dellghted thls Inltlatlve has been recognlsed
by other health provlders and wlll be rolled out to fijrther hospltals In North and East London later In
2024.
Our support for young carers contlnues to grow shaped by the young adults we serve
actlvltles, connectlon and resplte for those aged 16-25.
provldlng
In March 2024 we renewed a flve-year contract wlth the London Borough of Tower Hamlets followlng a
competltlve tender. Thls success Is testament to the team's reputatlon as experts In thelr fleld and
hlghllghts Tower Hamlets Councll's appreclatlon of the essentlal role carers play. Congratulatlons goes to
Graham and hls team for securlng thls contract and for thelr unwaverlng commltment to serve Tower
Hamlet's carers wlth a progresslve servlce that Impacts In the most posltlve way.
Slncere thanks also goes to all our funders and supporters who have contrSbuted and supported us In
expandSng our reach and offer wlthln east London.
I would also Ilke thank our Board of Trustees who all share a genulne commltrnent to Influenclng and
shaplng servlces that Identlfy, engage, Inform and support. In partlcular we thank former Chalr, Zoe
Portlock, who served our Centre for nearly flve years through a perlod of transltlon and growth.
The future strategy for the Carer5 Centre Tower Hamlet5 recognlses the challenges unpald carers
contlnue to face. Thls strengthens our determinatlon to contlnue the relatlonshlp of trust we hold In the
commLsnlty and to remaln a vlslble communlty hub.
Worklng wlth our stakeholders and partners, together we can contlnue to make a meanlngful dlfference
to the Ilves of unpaid carers.
Helen New
Chalr of Trustees
Page I

THE CARERS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
The financlal statements comply wlth the Charities Act 2011, the Companles Act 2006, the Memorandum
and Article5 of Association, and Accounting and Reporting by Charltles: Statements of Recommended
Practlce appllcable to charitles preparlng thelr accounts In accordance wlth the Flnanclal Reporting
standard applicable In the UK and Republlc of Ireland (FRS 102) (effective l January 2015) - (Charlty
SORP (FRS 102) Revlsed).
Charltable Objects:
To help allevlate mental and physlcal dlstress attrlbutable to carlng amongst Carers by the glvlng of
practlcal help, organlsatlon, support, advocacy. and Informatlon to those people carlng or have cared for
others who are dependent on them through dlsablllty arlslng from age, physlcal or mental dlsablllty
wlthln the London Borough of Tower Hamlets.
To advance educatlon concernlng carlng amongst Carers and the publlc.
Maln Actlvltles to Support Objectlves:
All actlvltles operated throughout the year are deslgned prlmarlly to respond to local need and provlde
better quallty servlces to Carers In the London Borough of Tower Hamlets. Thls year we have contlnued
to focus our actlvltles on targetlng speclflc Carers. needs and the Carers Centre has supported 2,008
Carers wlth provlsSon of dlrect servlces.
Thls year we have provlded the followlng servlces:
Contlnued to provlde a comprehenslve Carers Independent Advocacy Servlce to ensure that Carer,
needs are assessed falrly and addressed as outllned In The Care Act 2014.
Welfare Beneflts & Appeals servlce ensurlng tlklt the Carer and thelr cared-for recelve the correct
beneflts and other statutory payments that they are entltled to
We provlded beneflts advlce to 698 carers
Secured for carers £1,442,661 worth of welfare beneflts
Carers Support Servlce - generlc Informatlon, speclfic adv1￿, and tallored support Is provlded to ca￿r$
to ensure that they have relevant and tlmely support enabllng them to undertake thelr carlng role as
stress free as posslble
Lastlng Power of Attorney, we supported 56 Carers In the settlng up of a Lastlng Power of Attorneyi
enabllng them to act for another person In speclfled or all legal or flnanclal matters or maklng declslon on
that person's health.
Young Adult Carers Project to address the needs of Carers aged 16 to 25 resldlng In the borough. We
provlded monthly Informatlon sesslons on speclflc toplcs Ilke mental health, healthy eatlngi relatlon5hlp5,
and careers to 145 Young Adult Carers
Slgnpostlng worked wlth partner oroanlsatlons to develop a 'llbrary' of communlty servlces to whlch to
both slgnpost Carers and to fadlltate the engagement In communlty support Inltlatlves.
Outreach
'vlrtually' took our work and support tools out Into the communlty through undertaklng
outreach Inltlatlves vla soclal medla and vldeo conferenclng to both hlghllght the Important role of Carers
In the communlty and to ralse our proflle to ensure that care￿ and health and soclal care professlonals
know how to access our servlces.
Monthly e-bulletins sent to 2,809 Carers and health and soclal care professlonalsl provldlng Informatlon
about the Carers Centre's artlvltles, and hlghiightlng Issues affectlng Carers
Facllltated soclal actlvltles to help those Carers WIK) due to thelr clrcumstances would have no soclal Ilfe
wlthout our actlvltles
Resplte and Therapy
we provlded 488 resplte and wellbelng actlvltles Includlng relaxatlon and
mlndfulness sesslon, art sesslons wlth Create and physlcal activltles
We provlded tralnlng to 305 carers coverlng a range of tralnlng opportunltles such as Frailty and
Dementla as well as a monthly Carer Induction to Inforni new carers about the servlces avallable to them
Art therapy workshops for Carers In partnershlp wlth Create Art
Tralnlng opportunltles through the Carers Wellbelng Academy - enabllng Carers to better manage thelr
carlng role and also to prepare Carers for Ilfe beyond caring and general Ilfe skllls via tralnlng such as
manual handling and digital skllls tralnlng.
Facllltated monthly Carers Forums to Influen￿ Improvements In service provlslon and act as the volce
of Carers
Page 2

THE CARERS CENTRE
REPORT OF THÉ TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
The Carers Centre alms to Improve the Ilves of Carers and by extension the lives of those they care-for.
Our services are all designed In collaboratlon with Carers. and we strive to ensure that those servlces are
both relevant to the needs of the carer populatlon of Tower Hamlets and can be accessed by them In the
manner of thelr choosing. A carlng role can often be a very stressfijl, dauntSng, frustratlng, emotlonallyr
and physlcally exhausting experience. As a result, the pressure on the long-term Carer bullds up over
tlme. Carers become soclally excluded and isolated by thelr caring role, and they often tend to be so busy
carlng that they forget the Importance of looklng after themselves as well as those they are carlng for.
Alms
The Carers Centre uses Its seThilces to:
Help Carers to avold becomlng soclally Isolated.
Enable Carers to provlde better quallty of care.
Persuade Carers to take tlme for and look after themselves.
Provlde Carers wlth the servlces and Informatlon they are entltled to by the relevant leglslatlon e.g.,
Carers Recognltlon & Servlces Act 1995 and the Carers (Equal Opportunlties) Act 2004, The Care Act
2014.
Glve Carers a cruclal volce and makes sure they are heard.
Represent the needs of Carers In strateglc plannlng.
Identlfy gaps In servlces and unmet needs.
Provlde a unlversal baslc advlce, Informatlon, and slgnpostlng servlce avallable to any Carer.
In thls wayi the charlty supports Carers so that they can contlnue In thelr carlng role for as long as they
wlsh to do so and are confldent In the knowledge that support Is avallable locally If they should need It.
Slgnlflcant Actlvltles:
The Carers Centre went from strength to strength In 2023-24. We supported more carers then ever at a
tlme when need and complexlty was rlslng, wlth carers faclng multlple challenges.
The cost-of-llvlno crlsls cast a long shadow and wlll contlnue to Impact carers In a dlverse range of ways:
l. Support servlces have been restrlcted or lost
2, Carlng roles have Increased due to worsenlng health condltlons
3. Carers gave up work due to thelr carlng roles or were struggllng to balan￿ thelr carlng role wlth the
return to offlces
Desplte thls, we have been adaptable to meet carers, Increaslng and changlng needs In the followlng
ways..
Provlded 4,600 hours of dlrect I:1 casework, advocacy, advlce & Informatlon, arid Indlvldual support
servlces to 1,766 Adult Carers.
2 1,144 dlrect contacts wlth Carers - Informatlon and adv1￿ support servlces to both new and exlstlng
Carers
We supported 1,766 unpald carers who In turn support 1,844 Tower Hamlets resldents. 688 were new
arers who had not prevlou51y been Identlfied or accessed support.
We supported a dlverse range of carers, 600/0 are from a BAME communlty and 21010 of carers recelved
servlce In a communlty language (Sylhetl, 8en9all, Somali. Urdu) allowlng the majorlty of the local
communlty to access our servlces seamlessly wlth no need to walt for Interpreters.
Provlded Welfare Rlghts Advlce to 698 carers and those they care for.
We generated £1,442,661 In benefits for carers.
Provlded Carers Independent advocacy servl¢es In accordance wlth the Care Act 2014
Supported carers to galn Lastlng Power of Attorney enabling them to manage the affalrs of the person
they are carlng for when that person loses the capablllty to make thelr own declslons and chol¢es
Undertook 439 Carers Assessments on behalf of the London Borough of Tower Hamlets to support
Carers to access direct payments, resplte, and care packages from the local authorlty
Contlnued to grow the Carers Wellbelng Academyi an Innovatlve Inltlatlve to support carers wellbelng.
The Carers Wellbelng Academy provided 2,844 wellbelng interventlons for carers such as massage, yoga
meditation, cultural trlps as well as peer sUPPOrt and condition speciflc workshops to inform and
empower carers.
Page 3

THE CARERS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
Dellvered the Hospltal Carers Support - based both at the Royal London Hospltal arid the Mlle End
Hospltal the alms of thls servlce are to 5UPPOrt carers within the hospltal to liaise with staff, wlth
dlscharge, arranging communlty support as well as practlcal support. housingi beneflts. and home
adaptatlon5.
Dlstrlbuted 12 E-bulletins on a monthly basls glvlng Informatlon about our actlvitle5, servlces avallable
to Carers, and natlonal and local entltlements for carers. Thls was sent to 2,809 Carers and health and
soclal care professionals.
Page 4

THE CARERS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STRATEGIC REPORT
Achlevement and performance
Carer Involvement
Our Pollcy Is to Involve Carers In a range of opportunlties for Carers to influence natlonal and local servlce
provlslon wherever posslble bearlng in mlnd that thelr time Is probably their m05t preclous yet most
Ilmlted commodlty. We contlnue to seek out different ways of encouraglng Carers to take full benefit of
the servlce5 we offer and enable thelr contrlbutlons whilst belng careful to Ilmlt the Impact on their tlme
or carlng role. Thls year Carers have:
o Taken part In & chalred Carers Forums for Carers
o Partlclpated In governance of the Carers Centre by servlng on the Board of Trustees
o Developed and facllltated the Carers Forums
o Partlclpated In a number of Health & Soclal Care consultatlons and a Carers Worklng Group fadlltated
by the Local Authorlty across the Tower Hamlets. In partlcular those relatlng to the Improvement of
servlces to carers
o Partlclpated more fully In external events of Interest to Carers Forum members and cascaded
Informatlon from those events to the Carers Forum membershlp.
Publlc Beneflt
In shaplng our objectlves for the year and plannlng our actlvltles, the trustees have consldered the
Charlty Commlsslon's guldance on publlc beneflt, Includlng the guldance 'publlc benefit.. runnlng a charlty
(PD2). The achlevements and actlvltles above demonstrate the publlc beneflt arlslng through the
Charlty's actlvltles.
Volunteer Involvement
Involvlng volunteers In a small organlsatlon Is severely Ilmlted by stafflng capaclty. We have by
necessltyi purposely restrlcted volunteer Involvement to tasks whlch can be Managed effectlvely; to thls
end we recrulted nlne volunteers to support the Carers Academy and to contact Carers on a weekly basls
as part of our new 'check In, serv1￿. We developed a partnershlp wlth Tower Hamlets Workpath to recrult
a volunteer who Is looklng to develop thelr employment skllls. Our Board of Trustees are all volunteers. A
Carer acts as Chalr of the Carers Forum and represents Carers at events where the Indlvldual Carers,
volce needs to be heard but thelr organlsatlons are excluded.
Grant Maklng Pollcy
We were successful In applylng to the Carers Trust to access grants to support Indlvldual carers
experlenclng flnanclal hardshlp
we applled on behalf of and awarded grants to 78 carers totalllng
£25,987, the grant enabled them to buy essentlal household goods. We also successfully applled to The
Canary Wharf Group for £3,000 to provlde soclal actlvltles to 65 young Adult Carers enabllng them to
enjoy outln9s and experlences and take some tlme away from thelr carlng responslbllltles.
Fundralslng
We only undertake fundralslng actlvltles for speclNc pleces of work by way of formal fundlng blds. We do
not employ any fundralsers, engage In street collectlons, dlrect marketlngi face-to-face fundralslng etc.
and therefore do not set annual fundralslng objectlves, nor do we have any current need for materlal
expendlture to be related to future Income generatlon.
Xndependence
We often have to defend our Independence and wllllngnes5 to ralse Carers Issues & whllst thls may make
us unpopular In some quarters, we are stlll able to pradalm that our servlces represent the vlews and
Interests of Carers in Tower Hamlets.
The Carers Centre has contlnued Its efforts to ralse awareness of Its servlces to Individuals, organlsatlons
and the wlder communlty and has placed partlcular emphasls on forglng Ilnks wlth natlonal and local
organisatlons whlch offer servlces that mlght beneflt our servlce users or the people they care for.
We have contlnued to partlclpate In the ongolng development of the London Bomugh of Tower Hamlets
Carers Strategy and other ad- hoc groups. We have worked wlth our statutory and voluntary sector
partners to Improve Carers, awareness of and access to servlces whlch can often help them to provlde
care for as long as they wlsh to do so and to malntaln thelr own health and wellbelno. We have also been
actlvely engaged wlth the NHS local GP networks to raise both our profile and the needs of carers.
Page 5

THE CARERS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
We contlnue to ralse awareness of Carers, Issues, areas of unmet need and changes in leglslation likely to
Impact upon Carers and their families.
Maln Objects for the Year
Thls year we:
o Contlnued to focus our servlces to target those Carers In greatest need.
o Contlnued to plvot our In-person servlces to a supported hybrld model that provldes an on-llne and
vlrtual servlces In response to the changing needs of access by Carers
o We developed a number of partnershlps wlth other communlty provlders whlch enabled us to expand
our servlce offer to carers and leverage In addltlonal skllls and resources.
o Increased the efficlency of The Carers Centre to Improve the quallty and range of support serVI￿S
offered.
o Contlnued our Involvement In strateqlc plannlng and areas of work Ilkely to have slgnlflcant Impact
upon Carers,
o We contlnue to utlllse our Outcornes Framework to enable us to systematlcally measure the Impact of
our work and use It to learn from and adapt our Se￿Ice5 accordlngly. We embedded the natlonally
recognlsed 'Carers Outcome Star, whlch has enabled us to map a carer's Journey of change and ensure
that we are reportlng our Impact uslng an evldence-based approach.
o Improved the skllls and knowledge base of The Carers Centre wlth extenslve tralnlng for staff.
o Utlllsed the learnlng from the Advlce Quallty Standard awarded to us by the Advlce Servlces AllIan￿ In
March 2022 - and revalldated In March 2024 - whlch demonstrates our robust processes and best practlce
In provldlng advlce to our cllents - unpald carers
strategles for achl•vlng our objectlves
We have.,
o Contlnually revlewed our pollcles and procedures and Introduced new ones as requlred
o Improved the staff skllls base by provldln9 on-llne tralnlng
o Undertook a Skllls Audlt of the Trustees, Identlfylng the Board's collectlve strengths and Its
development needs
o Successfully recrulted one Trustee who Is a local communlty leader brlnglng In new skllls and enhanclng
the Board's experlence and expertlse acros5 a rnnge of buslness dlsclpllnes.
o Further developed our Internal record keeplng and Informatlon systems.
o Partlclpated In external strateglc plannlng & operatlonal groups throughout the borough.
o Contlnued to strengthen the Carers Centre's posltlon as the flrst port of call for Carers and
professlonals,
o Improved our webslte and maxlmlsed our soclal medla platfomis to Improve our onllne presence
Page 6

THE CARERS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STRATEGIC REPORT
Financlal revlew
Flnanclal posltlon
The Statement of Flnanclal Actlvltles showed a net surplus of £83.572 (2023 - 99,957) for the year and
reserves stand at £565,430 (2023 - £481,858).
Prlnclpal fundlng sources
The prlncSpal funding source for the charlty was vla the London Borough of Tower Hamlets Councll's
Integrated Comm1551onlng Team that commissloned the Carers Llnk Service contract whSch funds the
organlsatlon's runnlng costs.
Aslde from that contract we derlve addltlonal Income generated from grant maklng Independent
charltable trusts and bank Interest, consultancyi occasional room rental and a small number of donatlons.
All funds have been used to support and further the objectlves of the charlty, by belng used to provlde
the Snfrastructure and staffing resources requlred to enable the organlsatlon to dellver and Improve Its
dlrect servlces to Carers In the Borough and to develop and dellver the servSces speclfled to the targets
set by the London Borough of Tower Hamlets In Its Servlce Level Agreement speclflcatlon.
Investments
The Carers Centre does not hold any Investments. All reserves are therefore held In cash In bank or
bulldlng soclety accounts and readlly avallable.
Reserves Pollcy
The Charlty's reserve pollcy Is to have mlnlmum to between three-and slx-months runnlng costs In free
reserves. The company's free reserves at the end of the year stood at £565,430.
Redundancy Provlslon
Glven that all charStles are now requlred to tender for contracts to dellver future servlces and that
success cannot be guaranteed In any tender competitlon, the Board consldered It prudent to agaln make
speclflc provlslon for all accrued Ilabllltles, whlch wlll be adjusted accordlngly In future years.
De$lgnated Funds
o The Board has set aslde £255,000 as 'deslgnated funds, to cover future1SabSlltles In any eventuallty.
Future plans
Durlng the new flnancSal year, we plan to contlnue to work on Improvlng the quallty and range of servlces
we offer to Carers In Tower Hamlets by:
o Havlng re-won the contract wlth Tower Hamlets Councll for three years to dellver the Unpald Carers
Servlce In Tower Hamlets, we wlll systematlcally revlew all servlces offered to enhance the provlslon to
carers, Includlng developlng a comprehenslve vlrtual offer.
o Further develop the Carer5 Centre'5 presence at the Royal London Hospltal and other healthcare
settlngs.
o ContSnue to Increase and expand dlgltal Innovatlon In accesslng Informatlon and servlces, to both
Identlfy and engage wlth 'hldden' carers and to offer a vlrtual servlce to fit In wlth carers, carlng role.
o Contlnulng to Improve the functlonallty of our webslte and Its Informatlon content maklng It more
Interactlve.
o Posltlvely supportlng the local borough's Carers Strategy reflertlng the Increaslng soclal Importance of
the "Carlng Role" and ensurlng that It offers the support Carers need and can access It.
o Contlnulng to develop and Improve Ilnks wlth other organlsatlons able to provlde servlces for Carers.
o Improvlng systems & Ilnks for distrlbution of Informatlon for Carers Borough-wlde.
o Carrylng out Carers Assessments offered as part of the Care Act 2014 Implementatlon on behalf of the
local councll.
o As a result of frontllne staff havlng been 5ucces5fully tralned to NVQ3 level In Independent Advocacyi
we will continue to develop the Independent Advocacy Servlce for Carers throughout Tower Hamlets.
o The charlty wlll also apply for the Excellence for Carers Quallty Mark Issued by the Carers Trust
demonstratlng robust processes and best practlce In provlding person-centred support to carers,
o The charity conslders partnershlp worklng as key to both Its sustalnability and in improvlng seNlces for
carers. We will Identlfy potential like-minded organÈ5ations to develop robust and appropriate
partnershlps wlth, both on an informal and formal basls.
Page 7

THE CARERS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charlty Is constituted as a Company Llmlted by Guarantee Incorporated on 30th lune 2000 and Is
therefore governed by a Memorandum and Artlcles of Assoclatlon. It was reglstered as a charity with the
Charlty Commission on 8th February 2001. In the event of the company being wound Upi all trustees
present and 12 months past are requlred to contrlbute an amount not exceedlng £1.
The name of the Company was changed to The Carers Centre on 5th August 2011. The Memorandum &
Artlcles of Assoclatlon were also amended to redu￿ the number of Dlrectors needed for a quorum to 3.
Recrultment and appolntment ol new trustees
Members of the Board of Trustees are volunteers, and some are also Carers l.e. Servlce Users. The Board
of Trustees Is requlred to have a mlnlmum membershlp of 5 Trustees wlth a maxlmum of 10 Trustees,
and as requlred by the Memorandum & Artlcles of Assoclatlon, must have carers, Input, to ensure the
dlrectlon of the organlsatlon remalns focused on the needs of carers.
New Trustees are recrulted as and when necessaryi by advertlslng the vacancy In our quarterly
newsletter, Invltlng Indlvlduals to express an Interest. When the Charlty needs to brlng In Trustees wlth
partlcular skllls or knowledge, It casts the net wlder to Indude other oroanlsatlons and professlonals.
Interested partles wlll then meet the Chlef Executlve andlor the Chalr to obtaln more Informatlon on the
role requlred of Trustees and the responslbllltles Involved.
Prospectlve Trustees wlll then complete an appllcatlon fomi, supplylng two referees and then Invlted to
attend a Board meetlng as an observer and to meet all the other Board members. On recelpt of
satlsfactory references, successful appllcants are then Invlted to Joln the Board of Dlrectors and become
Trustee. Professlonal Twstees are sought for thelr knowledge or expertlse and may be recrulted from
tSme to tlme. Such members are co-opted onto the Board of Trustees by Invltatlon from the Board. The
8oard dlscusses recrultment of trustees on a regular basls and members are constantly on alert for new
volunteers Interested In Jolnlng the Board.
Organlsatlonal structure
The Carers Centre Is governed by a Board of Trustees, whlch determlnes the strategic dlrectlon of the
organlsatlon. Governance Issues are dealt wlth by the Board of Trustees whlch meets bl-monthly. The
charlty revlewed and updated the Trustee Board Terms of Reference, and the 'Trustee Role Descrlptlon,,
both approved and adopted by the Board In February 2024.
Management declslons are made by the Chlef Executlve, who tables a report to each Board meetlng. A
Delegatlon of Authorlty Pollcy deflnes the extent of the Chlef Executlve's power to take declslons on
behalf of the Board of Trustees.
Induction and tralnlng of new trustees
Upon Inductlon, new trustees are provlded wlth an Informatlon pack about the organlsatlon and Its
servlces, coples of all pollcy documents and the statement Indlcatlng Trustees, responslbllltles and a role
descrlptlon. The Chlef Executlve provldes trustee tralnlng and support Includlng tralnlng on roles and
responslbllltles of Trustees and Honorary Offlcers, the dlfferences between governance and management,
confldentlalltyi equal opportunltles and servlce users actlng as Board members.
Board members wherever posslble and avallable also attend an Indurtlon course speclflcally deslgned for
Trustees of voluntary organlsatlons. New Trustees wlll also attend other tralnlng where avallable and
approprlate to thelr role. glven that many are carers and therefore the tlme avallable to them Is usually
extremely Ilmlted.
Board Sub-Groups
The Flnance and Fundralslng Sub-commlttee met bl-monthly two weeks before the maln Board meetlng
to provlde dedlcated overslght of the financlal health of the charlty and make
necessary
recommendations to the Trustees.
Related partles
The Carers Centre Is affillated to Carers UK - the natlonal organlsatlon for Carers led by Carers. The
Carers Centre Is also a full partner of the Carers Trust whlch provldes both grant opportunltles to bld for
and valuable learning and networklng opportunltles.
Page 8

THE CARERS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Rlsk management
The Board recognlses the rlsks assoclated with the organlsation and where posslble have Implemented
strategles to avold or mlnlmlse that rlsk as far as posslble. Each risk is assessed for Its likellhood and
posslble Impact and a speclfic person 15 nomlnated to take responslbillty for its management,
REFERENCE AND ADMENISTRATIVE DETAILS
Reglstered Company number
04024413 (England and Wale5)
Reglstered Charlty number
1084930
Reglstered offlce
21 Brayford Square
stepney
London
EI OSG
Trusteeg
S E N Currle
HNew
Z Portlock (reslgned 30.4.24)
N K Arora
Z Ashraf
E J K Twynlng
T Westwood (reslgned 28.11.23)
C Groom (reslgned 30.4.24)
S Jama
Emmellne De Falbe (appolnted 23.10.23)
Company Secretary
Graham Colllns
Independent Examlner
Clemence Hoar Cummlngs
Chartered Accountants
Rlverslde House
1-5 Como Street
Romford
Essex
RM7 7DN
Report of the trustees, Incorporatlng a strategic report, approved by order of the board of trustees, as
the company directors, on 17th September 2024 and slgned on the board's behalf by:
H New - Trustee
17.09.24
Page 9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE CARERS CENTRE
Independent examlner's report to the trustees of The Carers Centre ('the Company.)
I report to the charlty trustees on my examlnatlon of the accounts of the Company for the year ended
31st March 2024.
Responslbllltles and basls of report
As the charity's trustees of the Company (and also Its dlrectors for the purposes of company law) you are
responslble for the preparation of the accounts in accordance WFth the requirement5 of the Companies Act
2006 ('the 2006 Act,).
Havlng satlsfled myself that the accounts of the Company are not requlred to be audited under Part 16 of
the 2006 Act and are ellgible for Independent examlnation, I report In respect of my examlnatlon of your
charlty'5 accounts as carrled out under Section 145 of the Charltles Act 2011 ('the 2011 Act,). In carrylng
out my examlnatlon I have followed the Dlrectlons glven by the Charlty Commlsslon under Sectlon
145(5) (b) of the 2011 Act.
Independent examlner's statement
Slnce your charlty's gross Income exceeded £250,000 your examlner must be a member of a Ilsted body.
I can conflrm that l am quallfied to undertake the examlnatlon because l am a member of the Assoclatlon
of Chartered Certlfled Accountants, whlch Is one of the115ted bodles.
I have completed my examlnatlon. I conflrm that no matters have come to my attentlon In connectlon
wlth the examlnatlon glvlng me cause to belleve:
accountlng records were not kept In respect of the Company as requlred by Sectlon 386 of the
2006 Act. or
the accounts do not accord wlth those records; or
the accounts do not comply wlth the accountlng requlrements of Sectlon 396 of the 2006 Act other
than any requlrement that the accounts glve a true and falr vlew whlch Is not a matter consldered
as part of an Independent examlnatlon; or
the accounts have not been prepared In accordance wlth the methods and prlnclples of the
Statement of Recommended Practlce for accountSng and reportlng by charltles (appllcable to
charltles preparlng thelr accounts In accordan￿ wlth the Flnandal Reportlng Standard appllcable In
the UK and Republlc of Ireland (FRS 102>),
I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch
attentlon should be drawn In thls report In order to enable a proper understandlng of the accounts to be
reached,
Lee Blunden FCCA CTA
Clemence Hoar Cummlngs
Chartered Accountants
Rlverslde House
1-5 Como Street
Romford
Essex
RM7 7DN
Date:
1710912024
Page 10

THE CARERS CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restrlcted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donatlons and legacles
3,777
31,987
35,764
20,030
Charltable actlvltles
Support & Informatlon
694,586
79,978
774,564
851,233
Investment Income
6.234
6,234
2,017
Total
704,597
111,965
816,562
873,280
EXPENDITURE ON
Charltable actlvltles
Support & Informatlon
621,025
111,965
732,990
773,323
NET INCOME
83,572
83,572
99,957
RECONCILIATION OF FUNOS
Total funds brought forward
481,858
481.858
381,901
TOTAL FUNDS CARRIED FORWARD
565.430
565,430
481,858
The notes form part of these flnancial statements
Page 11

THE CARERS CENTRE
BALANCE SHEET
31ST MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tanglble assets
li
12,596
12,596
17,004
CURRENT ASSETS
Debtors
Cash at bank and In hand
12
14,045
569.496
14,045
571,596
6,723
505,175
2,100
583,541
2,100
585,641
511,898
CREDITORS
Amounts falllng due wlthln one year
13
(30,707)
(2,100)
(32,807)
(47,044)
NET CURRENT ASSErs
552.834
552,834
464,854
TOTAL ASSETS LESS CURRENT
LIABILITIES
565,430
565,430
481,858
NET ASSETS
565.430
565,430
481,858
FUNDS
Unrestrlcted funds
15
565,430
481,858
TOTAL FUNDS
565,430
481,858
The charltable company Is entitled to exemptlon from audlt under Sectlon 477 of the Companles Act 2006
for the year ended 31st March 2024.
The members have not requlred the company to obtaln an audlt of Its flnanclal statements for the year
ended 31st March 2024 In accordance wlth Sectlon 476 of the Companles Act 2006.
The trustees acknowledge thelr responslbllltles for
(a) ensurlng that the charltable company keeps accountlng records that comply wlth Sectlons 386 and
387 of the Companles Act 2006 and
{b) preparlng flnanclal statements whlch glve a true and falr vlew of the state of affalrs of the
charltable company as at the end of each flnanclal year and of Its surplus or deflclt for each
financlal year In accordance wlth the requlrements of Sectlons 394 and 395 and whlch otherwlse
comply wlth the requlrements of the Companies Act 2006 relatlng to flnanclal statements, so far as
appllcable to the charltable company.
The flnanclal statements were approved by the Board of Trustees and authorlsed for Issue on
17th September 2024 and wère slgned on its behalf by:
Helen New- Trustee
17109124
Zunalra Ashraf - Trustee
The notes form part of these financial statements
Page 12

THE CARERS CENTRE
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Notes
Cash flows from operatlng artlvltles
Cash generated from operations
62.787
252,172
Net cash provlded by operatlng actlvltles
62,787
252,172
Cash flows from Investlng actlvltles
Purchase of tanglble flxed assets
Interest recelved
(2.600)
6.234
{14,576)
2,017
Net cash provlded by/(used In) Investlng artlvltles
3,634
{12,559)
Change In cash and cash
equlvalents In the reportlng perlod
Cash and cash equlvalents at the
beglnnlng of the reportlng perlod
66,421
239,613
505,17S
265,562
Cash and cash equlvalent8 at th¢
end of the reportlng perlod
571,596
505,175
The notes form part of these financial statements
Page 13

THE CARERS CENTRE
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTivrrIES
2024
2Q23
Net Income for the reportlng period (as per the Statement
of Financial Activities)
Adjustments for:
Depreclatlon charges
Interest recelved
(Increase)Idecrease In debtor5
(Decrease)/lncrease In credltors
83,572
99,957
7,007
(6,234)
{7,321)
(14.237)
4,679
(2,017)
148,689
864
Net cash provlded by operatlons
62,787
252,172
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Nat ¢aBh
Cash at bank and In hand
505,175
66,421
571,596
505,175
66,421
571,596
Total
505,175
66,421
571,596
The notes form part of these financial statements
Page 14

THE CARERS CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES
Basls of preparlng the flnanclal statements
The financial statements of the charitable company• whlch Is a publlc benefit entity under FRS 102,
have been prepared in accordan￿ wlth the Charities SORP (FRS 102) 'Accountlng and Reportlng
by Charltles.. Statement of Recommended Practlce appllcable to charltles preparlng thelr accounts
In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland
{FRS 102) (effective l January 2019),, Financial Reportlng Standard 102 'The Financlal Reportlng
standard appllcable in the UK and Republic of Ireland, and the Companles Act 2006. The flnanclal
statements have been prepared under the hlstorical cost conventlon.
Income
All Income Is recognlsed In the Statement of FSnancSal Actlvltles once the charlty has entitlement to
the funds, It Is probable that the Income wlll be recelved and the amount can be measured rellably.
For legacles, entitlement Is taken as the earller of the date on whlch elther: the company Is aware
that probate has been granted, the estate has been flnallsed and notlficatlon has been made by
the executor(s) to the Trust that a dlstrlbutlon wlll be made, or when a dlstrlbutlon Is recelved
from an estate, Recelpt of a legacy, Sn whole or In part, Is only consldered probable when the
amount can be measured rellably and the Company has been notlfled of the executorfs Intentlon to
make a dlstrlbutlon. Where legacles have been notlfied to the Companyi or the Company Is aware
of the grantlng of probate, and the crfterla for Income recognltlon have not been met, then the
legacy Is treated as a contlngent asset and dlsclosed If materlal.
Grants recelvable and Local Authorlty fees credlted to the Statement of Flnanclal Actlvltles (SOFA)
In the year In whlch they are recelvable. Income Is deferred only when the Charlty has to fulfll
condltlons becomlng entitled to It or where the donor has speclfled that the Income Is to be
expended In a future perlod.
Donated servlces or facllltles are recognlsed when the company has control over the Item, any
condltlons assoclated wlth the donated Item have been met, the recelpt of economlc beneflt from
the use of the company of the Item Is probable and that economlc beneflt can be measured
rellably. In accordance wlth the Charltles SORP (FRS 102), the general volunteer tlme of the
Frlends Is not recognlsed and refer to the Trustees, report for more Informatlon about thelr
contrlbutlon.
On recelpt, donated professlonal serrflces and donated facllltles are recognlsed on the basls of the
value of the glft to the Company whlch Is the amount the Company would have been wllllng to pay
to obtaln servlces or facllltles of equlvalent economlc benefit on the open market; a correspondlng
amount Is then recognlsed In expendlture In the perfod of recelpt.
Income tax recoverable In relatlon to donatlons recelved under Glft Ald or deeds of covenant Is
recognlsed at the tlme of the donatlon.
Income tax recoverable In relatlon to Investment Income Is recognlsed at the tlme the Investment
Income Is recelvable.
Expendltum
Llabllltles are recognlsed as expendSture as soon as there Is a legal or constructlve obllgatlon
commlttlng the charlty to that expendlture, It Is probable that a transfer of economlc beneflts wlll
be requlred In settlement and the amount of the obllgation can be measured rellably. Expendlture
Is accounted for on an accruals basls and has been classified under headlngs that aggregate all
cost related to the category.
Charltable actlvltles
Charltable actlvltles are costs Incurred on the company's educatlonal operatlons, Includlng support
costs and costs relatlng to the governance of the company apportloned to charltable actlvltles.
Where costs cannot be directly attributed to particular headlngs they have been allocated to
actlvltles on a basls conslstent wlth the use of resources.
Page 15
continued...

THE CARERS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES - contlnued
Tanglble flxed assets
Depreciation is provided at the followlng annual rates In order to write off each asset over Its
estlmated useful life.
Flxtures and flttlngs
Computer equlpment
stralght Ilne over 5 years
330h on cost
Taxatlon
The charltyls exempt from corporatlon tax on Its charltable actlvltles.
Fund accountlng
Unrestrlcted funds can be used In accordan￿ wlth the charltable obJectlves at the dlscretlon of the
trustees.
Restrlcted funds can only be used for partlcular restrlcted purposes wlthln the objects of the
charlty. Restrlctlons arlse when speclfled by the donor or when funds are ralsed for partlcular
restrlcted purposes.
Further explanatlon of the nature and purpose of each fund Is Included In the notes to the financlal
statements.
Hlre purcha$¢ and leaslng commltment8
Renta15 pald under operatlng leases are tharged to the Statement of Flnanclal ActlvStles on a
stralght Ilne basls over the perlod of the lease.
Penslon cost6 and other post-retlrement beneflts
The charltable company operates a deflned contrlbutlon penslon scheme. Contrlbutlons payable to
the charltable company's penslon scheme are charged to the Statement of Flnanclal Actlvltles In
the perlod to whlch they relate.
DONATIONS AND LEGACIES
2024
2023
Donatlons
Grants
3,777
31,987
4,865
15,165
35,764
20,030
Grants recelved, Included In the above, are as follows:
2024
2023
Carers Trust
31,987
15,165
Page 16
contlnued..

THE CARERS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST MARCH 2024
INVESTMENT INCOME
2024
2023
Deposlt account Interest
6,234
2,017
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Actlvlty
Support & Infomatlon
Support & Informatlon
Support & Informatlon
Support & Informatlon
Grants
LB Tower Hamlets
Age UK East London
other Income
89,978
595,206
70,791
18,589
64,249
762,949
18,467
5,568
774,564
851,233
Grants recelved, Included In the above, are as follows:
2024
2023
Cooper Company
Carers Trust
London Borough of Tower Hamlets
Trust for London
Penny Appeal
Festlval of Communltles
Natlonal Lottery Communlty Fund
Edward Gostllng Foundatlon
1,000
6,429
7,725
37,025
1,900
200
9,970
4,571
10,417
52,810
2,200
9,980
10,000
89,978
64,249
CHARITABLE AcfxviTIES cosrs
Support
costs (see
note 6)
Dlrect
Costs
Totals
Suppart & Informatlon
365,742
367,248
732,990
SUPPORT COSTS
Governance
costs
Management
Premlses
Totals
Support & Informatlon
310,918
42,648
13,682
367,248
NET INCOME/(EXPENDITURE)
Net Income/(expendlture) Is stated after charglng/(credltlng):
2024
2023
Depre¢latlon - owned assets
Other operatlng leases
7,008
2,877
4,678
2,610
Page 17
continued...

THE CARERS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefit5 for the year ended 31st March 2024 nor for
the year ended 31st March 2023.
Trustees. expen$e$
There were no Trustee expenses for the year ended 31st March 2024 (2023 - NIL).
STAFF COSTS
2024
2023
Wages and salarles
Soclal securlty costs
Other penslon costs
456,712
44,640
15,070
440,927
44,643
13,295
516,422
498,865
The key management personnel of the charlty comprlse of the Chlef Executlve Officer. The total
employee beneflts of the key management personnel of the charlty were £62,801 (2023
£61,061).
The average monthly number of employees durlng the year was as follows:
2024
16
2023
15
Total
The number of employees whose employee beneflts (exdudlng employer penslon costs) exceeded
£60,000 was;
2024
2023
£60,001 - £70,000
10. COMPARATIVES FOR THE STATEMENT OF FINANCXAL ACTIVITIES
Unrestrlcted Restrlcted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacles
4,865
15,165
20,030
Charltable a¢tlvltles
Support & Informatlon
788.184
63,049
851,233
Investment Income
2,017
2,017
Total
795,066
78,214
873,280
EXPENDITURE ON
Charltable actlvltles
Support & Information
695,109
78,214
773,323
NET INCOME
99,957
99,957
RECONCILIATION OF FUNDS
Total funds brought forward
381.901
381,901
Page 18
contlnued...

THE CARERS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST MARCH 2024
10. COMPARATZVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestrlcted
Restrlcted
funds
funds
Total
fvnds
TOTAL FUNDS CARRIED FORWARD
481,858
481,858
11. TANGIBLE FIXED ASSETS
Flxtures
and
flttlngs
Computer
equlpment
Totals
COST
At 1st Aprll 2023
Addltlons
Dlsposals
91,456
31,163
2,600
{4,156)
122,619
2,600
(4,156)
At 31st March 2024
91.456
29,607
121,063
DEPRECIATION
At 1st Aprll 2023
Charge for year
Ellmlnated on dlsposal
87,306
1,166
18,309
5,842
(4.156)
105,615
7,008
(4.156)
At 31st March 2024
88,472
19,995
108,467
NET BOOK VALUE
At 31st march 2024
2,984
9,612
12,596
At 31st March 2023
4,150
12,854
17,004
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepayments
125
6,598
14,045
14,045
6.723
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade credltors
Soclal securlty and other taxes
Penslons payable
Deferred Income
Accrued expenses
11,527
10,964
2,426
2,100
5,790
3,487
10,136
2,307
25,946
5,168
32,807
47,044
Page 19
continued.

THE CARERS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST MARCH 2024
14. LEASING AGREEMENTS
Mlnlmum lease payments under non-cancellable operatlng leases fall due as follows:
2024
2023
withln one year
15,026
15,000
15. MOVEMENT IN FUNDS
Net
movement
In funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestrlcted funds
General fund
Deslgnated funds
251,858
230,000
83,572
{25,000)
25,000
310,430
255,000
481.858
83,572
565,430
TOTAL FUNDS
481,858
83,572
565,430
Net movement In funds, Included In the above are as fallows:
Incomlng
resources
Resources
expended
Movement
In funds
Unrestrlcted funds
General fund
704,597
(621,025)
83,572
Restrlcted funds
Carers Trust
London Borough of Tower Hamlets
Trust for London
Penny Appeal
Natlonal Lottery Communlty Fund
36,558
10,417
52,810
2,200
9,980
{36,558)
(10,417)
{52,810)
(2,200)
(9,980)
111,965
(111,965)
TOTAL FUNDS
816,562
(732,990)
83,572
Comparatlves for movement In funds
Net
movement
In funds
Transfers
between
funds
At
31.3.23
At 1.4.22
Unrestrlcted funds
General fund
Deslgnated 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
Page 20
continued...

THE CARERS CEKfRE
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST MARCH 2024
15. MOVEMENT IN FUNDS - contlnued
Comparatlve net movement in funds, Included In the above are as follows:
Incomlng
resources
Resources
expended
Movement
In funds
Unrestrlcted funds
General fund
795,066
(695,109)
99,957
Restrlcted funds
Carers Trust
London Borough of Tower Hamlets
Trust for London
Penny Appeal
Natlonal Lottery Communlty 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
873.280
(773,323)
99,957
RESTRICTED FUND5
The nature of each of the restrlrted funds can be summarlsed as follows:
Carers Trust- Indlvldual grants awarded to unpald Carers experlenclng flnanclal hardshlp
London Borough of Tower Hamlets - covered the costs to develop a cent￿d-perSOn strategy to
encourage and enable ¢3￿r$ to motlvate themselves, and partlclpate In, related taster sesslons to
undertake wellbelng actlvltles by uslng the Flve Ways to Wellbelng framework
Trust for London costs assoclated wlth the provlslon of casework and representatlon for appeals
to the Flrst Tler and Upper Trlbunal for unpald carers and the dlsabled people they care for
Penny Appeal to provlde Young Adult Carers wlth an electronlc Wl-Fl-enabled tablet to enable
them to access on-llne content and vlrtual servlces
The Natlonal Lottery Communlty Fund - To support carers to take some 'me tlme, and undertake
actlvltles that Improve and malntaln thelr health and wellbelng
Transfers between fund8
Durlng the year, there was a transfer of £25,000 (2023: £33,000) from the general fund to the
deslgnated fund. Thls was due to the Increased cost of potentlal redundancles. A detalled
breakdown of the deslgnated fvnd can be seen below:
2024
2023
Redundancy fund
Bulldlng malntenance fund
2 quarters rent
outstanding leases (annual charge)
Servl¢e dellvery (monthly costs x 3)
170,000
10,000
10,340
9,660
55,000
165,000
10,000
10,340
4,660
40,000
Total
255,000
230,000
Page 21
continued...

THE CARERS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST MARCH 2024
16. RELATED PARTY DISCLOSURES
There were no related party transactlons for the year ended 31 March 2024 or 31 March 2023.
Page 22

THE CARERS CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
INCOME AND ENDOWMENTS
Donatlons and legacles
Donatlons
Grants
3,777
31,987
4,865
15,165
35,764
20,030
Investment Income
Deposlt account Interest
6,234
2,017
Chayltable actlvltles
Grants
LB Tower Hamlets
Age UK East London
Other Income
89.978
595,206
70.791
18,589
64,249
762,949
18,467
5,568
774,564
851,233
Total Incomlng resources
816,562
873,280
EXPENDITURE
Charltable actlvltles
Wages
Soclal securlty
Penslons
Carer costs
245,692
22,889
7,798
89,363
251,628
23,599
7,773
136,663
365,742
419,663
Support costs
Management
Wages
SocSal securlty
Penslons
Other operatlng leases
Insurance
Telephone
Postage and statlonery
Sundrles
Legal and professlonal fees
Repalrs and renewals
Computer runnlng costs
Staff tralnlng
Donatlons
Advertlslng
Cleanlng costs
Travel
Consultancy
Recrultment costs
Plant and machlnery
Carrled forward
211,020
21,751
7.272
2,877
3,672
10,998
2,218
2,237
5,773
3,822
12,079
3,818
180
2,278
10,757
468
1,902
789
1,166
305.077
189,299
21,044
5,522
2,610
3,837
11,298
2,489
2,666
4,769
5,033
14,992
12,430
216
780
10,299
262
7,784
761
296,091
Thls page does not fonn part of the statutory flnandal statements
Page 23

THE CARERS CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Management
Brought forward
Flxtures and flttlngs
305,077
5,841
296,091
3,9L8
310,918
300,009
Premlses
Rent
Rates & refuse
Llght, power, heatlng & water
26,643
222
15.783
23,419
190
15,117
42,648
38,726
Governance costs
Accountancy and legal fees
13,682
14,925
Total resources expended
732,990
773,323
Net Income
83,572
99,957
Type tpxt horp
Thls page does not form part of the statutory flnanclal statements
Page 24