ia
Cai'ei's
Fii'st
Annual Report-2020-21
We understand Ihat carlngF bc hurd,
bul l)elieve gelling Ilie riblil IIL.II) *ili()uldn'l he
Page 1 of 44
Carers
First
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Giving Dan his life back
I was drlving one day when the thought came into my mind that rf I ju6t drove into a wall. it woukl
be all over. My Garing role had taken over my life and I needed 8 Way oui. FortL*)8tely, I reached
oul far help and CareTS Firsl gavo me my lrfe back..
Havlng someone dependent on hlm was someihirwJ Dan168rnt from a young age caring for his
mum who has emotional instability personality disorder. This followed him lo adulthood wher8 he
now cares for his wlfe, Nlcci. and his step50n who has aLrtlsm.
The biggest challenge Dan has fraced
caring is thè1881ing he had to fjo il all
alone. He always ihoughl of himseif a8
being able to hold it together and his
childlx)od experience had made him
sen5iliv8 to looking after his mentsl
health. Hth¥ever, being on (xll 2417 and
'moving from one person's crisls lo
anotherf led him lo Ihat fateful d8y fft the
car.
Dan had never reIved a Carors
Assessment desplte carlng since Ihe 8g6
of five. car$ First has helped hlm
secure 8 personal budgel IhrDugh a
r6ceftt slalulory C8fer8 Assessmenl that
wlll help cover addibonal costs of caring
which has m8de him feel mor& in conlrol
Dan 5ays.-11 has helped me realise I'm
nat alone in the difficultles I've laced an
there is help available Talking to
s¢JMeone outSKle my situation made me
reallse how much my carin9 role was
affectin9 my physical and mental health.
leaml that I could g4ve myself permissiorf.
think of myself aFKI I don't have to feel
guilty..
Dan has now found more balance in hFS
lrfe afKI Is thriving. He has lime to see
friends and has akn enjoyed
volunteering. Fillingly, he has recently
Page 17of44
Carers
First
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|||||2021|2021|2021|2020|
|---|---|---|---|---|---|---|---|
|||||tjnrestricted|Restricted|Total|Total|
||||Note|funds
f|funds|funds|funds|
|Income from:||||||||
|Donations
and legacies|||2|93,161|489,741|582,902|282,620|
|Charitable
activities|||3|3,494,997|170,000|3,664,997|3,413,805|
|Investments||||37,230||37,230|44,262|
|Total income||||3,625,388|659,741|4,285,129|3,740,687|
|Expenditure
on:||||||||
|Raising funds||||71,891||71,891|37,818|
|Charitable
activities|||4|3,413,172|647,158|4,060,330|3,678,589|
|Total expenditure||||3,485,063|647,158|4,132,221|3,716,407|
|Net gains/(losses)
on|investments|||222,390||222,390|( 200,129)|
|Net income/(expenditure)||and net||||||
|movement
in funds|||7|362,715|12,583|375,298|( 175,849)|
|Reconciliation
offunds:||||||||
|Total funds brought|forward|||1,301,492|257,577|1,559,069|1,734,918|
|Total funds carried|forward||13|1,664,207|270,160|1,934,367|1,559,069|
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||||||2021||2021|2020|2020|
|---|---|---|---|---|---|---|---|---|---|
||||Note||||k|||
|Fixed assets||||||||||
|Tangible assets||||9|||62,654||44,190|
|Investments||||10||1,223,394|||928,779|
|||||||1,286,048|||972,969|
|Current assets||||||||||
|Debtors||||11|272,523|||249,978||
|Cash at bank and||in hand|||938,121|||752,821||
||||||1,210,644|||1,002,799||
|Liabilities||||||||||
|Creditors: amounts||falling due within||||||||
|one year||||12|( 562,325)|||( 416,699)||
|Net current|assets||||||648,319||586,100|
|Total net assets||||||1,934,367|||1,559,069|
|The funds ofthe charity||||||||||
|Unrestricted|funds|||13||1,664,207|||1,301,492|
|Restricted|income|funds||13|||270,160||257,577|
|||||||1,934,367|||1,559,069|
|The financial|statements||were approved|by|the Board ofTrustees||on .22.@goober..2021.......||and were|
|signed on its|behalf|by:||||||||
|i
I|||||.r..I,J I~II|||||
|P Davis|||||P Fennell|||||
|Chair ofTrustees|||||Chair of Finance|Committee||||
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||||202f|2020|2020|
|---|---|---|---|---|---|
||Note|||||
|Cash flows from operating
activities:||||||
|Net cash provided
by operating
activities|A||239,851||36,727|
|Cash flows from investing
activities:||||||
|Interest and dividends
received||37,230||44,262||
|Purchase
of tangible
fixed assets||( 62,151)||( 23,241)||
|Purchases of investments
Sales of investments||( 351,593)
321,963||( 85,547)
57,015||
|Net cash used in investing
activities|||( 54,551)||( 7,511)|
|Change
in cash and cash equivalents|||185,300||29,216|
|Cash and cash equivalents
at the beginning
ofthe year|||752,821||723,605|
|Cash and cash equivalents
at the end of|the year||938,121||752,821|
|A. Reconciliation
ofnet income to net cash flow||from operating|activities|||
|Net income/(expenditure)
for the year
As per the Statement ofFinancial Activities|||375,298||( 175,849)|
|Adjustments
for:||||||
|Depreciation
charges||43,687||45,352||
|Net (gains)/losses
on investments||( 264,985)||200,130||
|Interest and dividends
receivable||( 37,230)||( 44,262)||
|(Increase)/decrease
in debtors||( 22,545)||132,074||
|Increase/(decrease)
in creditors||145,626||( 120,718)||
|||(|135,447)||212,576|
|Net cash provided
by operating
activities|||239,851||36,727|
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|2|Income from donations|and legacies|2021|2020|
|---|---|---|---|---|
||Grants||525,844|209,958|
||Donations||57,058|72,662|
||||582,902|282,620|
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|Income|from charitable
activities|||
|---|---|---|---|
|||2021|2020|
|Activity:|Carers services|||
|Medway|Council|327,908|331,379|
|Medway|PCN|82,989||
|Lincolnshire
County Council||1,431,052|1,466,558|
|Waltham|Forest Borough Council|182,111|176,610|
|Hackney|Borough Council|192,013|96,007|
|Haringey|Borough Council|87,299|83,788|
|Newham|Borough Council|209,211|156,500|
|Essex County Council||901,451|900,000|
|NHS Kent & Medway CCG||250,963|190,001|
|Southend-on-Sea
Borough Council|||11,594|
|Charges|to service users||1,367|
|||3,664,997|3,413,805|
##
|Expenditure
on charitable|activities|||
|---|---|---|---|
|||2021|2020|
|Activity: Carers services||||
|Direct costs|Note 5|3,485,270|3,125,698|
|Support costs|Note 6|575,060|552,891|
|||4,060,330|3,678,589|
##
|Direct costs o|fcharitable|activities|||
|---|---|---|---|---|
||||202$|2020|
|Staff costs|||2,914,030|2,607,950|
|Staff expenses,|recruitment|and training|19,703|32,617|
|Project costs|||448,255|427,701|
|Grants paid to|individuals||103,282|57,430|
||||3,485,270|3,125,698|
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|6|Support costs||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||Staff costs||||||193,114|211,711|
||Staff expenses,
recruitment||||and training||23,246|28,984|
||Rent and service charges||||||58,489|66,868|
||Other premises expenses||||||23,446|42,050|
||Insurance||||||12,583|11,911|
||Office and ITcosts||||||151,923|116,157|
||Legal and professional||fees||||26,980|13,751|
||Audit fees||||||12,075|25|
||Payroll processing|fees|||||6,313|5,982|
||Trustee expenses,|meetings,|||recruitment|and training|9,958|1,160|
||Bad debts||||||658||
||Bank charges||||||309|624|
||Professional
membership|||fees|||12,279|8,733|
||Depreciation||||||43,687|45,352|
||Irrecoverable
VAT|||||||( 417)|
||||||||575,060|552,891|
|7|Net income/(expenditure)||||||||
||||||||2021|2020|
||Net income/
(expenditure)|||is|stated after|charging:|||
||Audit fees||||||12,075|25|
||Depreciation||||||43,687|45,352|
||Net gains/(losses)|on|investments||||222,390|( 200,129)|
||Rent paid under operating||||leases||58,489|66,868|
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|Staffcosts||||||
|---|---|---|---|---|---|
|||||2021|2020|
|Gross salaries||||2,890,491|2,602,157|
|Employer's
National|Insurance||contributions|204,766|184,014|
|Pension and healthcare||costs||77,367|64,266|
|||||3,172,624|2,850,437|
|The avera|ge
|numbe|r ofemployees
during
the year on|a headcount
basis was as follows:||
|---|---|---|---|---|---|
|||||2021|2020|
|||||No.|No.|
|Management||||4|6|
|Administration||and|HR|20|22|
|Outreach|and|carer|support|121|108|
|||||145|136|
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||Tangible fixed as|sets|||
|---|---|---|---|---|
|||||Fixtures,|
|||||fittings
/f|
|||||equipment|
||Cost||||
||At 1 April 2020|||254,000|
||Additions|||62,151|
||Disposals|||( 140,675)|
||At 31 March 2021|||175,476|
||Depreciation||||
||At 1 April 2020|||209,810|
||Charge for the year|||43,687|
||Eliminated
on disposal|||( 140,675)|
||At 31 March 2021|||112,822|
||Net book value||||
||At 31 March 2021|||62,654|
||At 31 March 2020|||44,190|
|10|Investments||||
||||2021|2020|
||Market value||||
||At 1 April 2020||928,779|1,100,377|
||Additions||351,593|85,547|
||Sales proceeds||( 321,963)|( 57,015)|
||Net gains/(losses)|on investments|264,985|( 200,130)|
||At 31 March 2021||1,223,394|928,779|
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|Debtors||||||
|---|---|---|---|---|---|
|||||2021|2020|
|Trade debtors||||252,539|225,971|
|Other debtors|||||2,024|
|Prepayments
and accrued income||||19,984|21,983|
|||||272,523|249,978|
|Creditors: amounts|falling due within one year|||||
|||||2021|2020f|
|Trade creditors||||61,079|47,673|
|Taxation and social security||||209,128|192,829|
|Deferred income||||43,888|36,361|
|Other creditors||||13,169|11,559|
|Accruals||||235,061|128,277|
|||||562,325|416,699|
|Deferred income:||||||
|Incoming
resources deferred||in the previous|period|36,361|12,750|
|Released to the Statement
of Financial Activities||||( 30,477)|( 12,750)|
|Incoming
resources deferred||in the current period:||||
|Grants and contract income||||38,004|36,361|
|||||43,888|36,361|
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|Movement
on fu|nds||||||
|---|---|---|---|---|---|---|
||||||Transfers/||
|||At f April|||Gains and|At3f|
|||2020|Income|Expenditure|(losses)|March 2021|
|Unrestricted
funds|||||||
|General fund||1,301,492|3,625,388|( 3.485,063)|222,390|1,664,207|
|||1,301,492|3,625,388|( 3,485,063)|222,390|1,664,207|
|Restricted
income funds|||||||
|NHS Carers and|Crisis||||||
|Service pilot||45,359|135,000|( 155,876)||24,483|
|Children
in Need|||52,698|( 52,698)|||
|Medway carers support||126,798|35,000|( 33,490)||128,308|
|Carers Trust||400||||400|
|Colyer-Fergusson|||||||
|Charitable
Trust|||22,035|( 22,035)|||
|Young Londoners|||15,676|( 15,676)|||
|Other donations|and||||||
|grants||85,020|250,273|( 225,634)||109,659|
|Health and Wellbeing|||74,060|( 74,060)|||
|Mercers|||74,999|( 67,689)||7,310|
|||257,577|659,741|( 647,158)|-|270,160|
|Total funds||1,559,069|4,285,129|( 4,132,221)|222,390|1,934,367|
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|Comparative
figures|Comparative
figures||||Transfers/||
|---|---|---|---|---|---|---|
|||At 1April|||Gains and|At 31|
|||2019|Income|Expenditure|(losses)|Nfarch 2020|
|Unrestricted
funds|||||||
|General
fund||1,519,253|3,354,219|( 3,371,851)|( 200,129)|1,301,492|
|||1,519,253|3,354,219|( 3,371,851)|( 200,129)|1,301,492|
|Restricted income funds|||||||
|NHS Carers and|Crisis|20,352|135,000|( 109,993)|||
|Service pilot||||||45,359|
|Children
in Need|||36,001|( 36,001)|||
|Medway carers support||133,938|35,000|( 42,140)||126,798|
|Carers Trust||400||||400|
|Colyer-Fergusson
Charitable
Trust|||18,453|( 18,453)|||
|Young Londoners|||19,884|( 19,884)|||
|Other donations
grants|and|60,975|142,130|( 118,085)||85,020|
|||215,665|386,468|( 344,556)||257,577|
|Total funds||1,734,91S|3,740,687|( 3,716,407)|( 200,129)|1,559,069|
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|14|Analysis ofnet assets between|funds||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||Fund balances at 31 March 2021|are represented|as follows:|||
||Tangible
fixed assets||62,654||62,654|
||Investments||1,223,394||1,223,394|
||Net current assets||378,159|270,160|648,319|
||||1,664,207|270,160|1,934,367|
|Fund balances at 31 March 2020 are represented|as follows:||||
|---|---|---|---|---|
|Tangible fixed assets||44,190||44,190|
|Investments||928,779||928,779|
|Net current assets||328,523|257,577|586,100|
|||1,301,492|257,577|1,559,069|
|cancellable
operating
leases as follows:|||
|---|---|---|
||2021|2020|
|Land and buildings|||
|Due not later than one year|34,181|46,681|
|Later than one year not later than five years|18,468|51,798|
|Other|||
|Due not later than one year|629|2,517|
|Later than one year not later than five years||382|
||53,278|101,378|
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