SIGNPOST STOCKPORT FOR CARERS Registerad Charity No. 1085727 Registered Limited Company No. 4176004 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 SIGNPOST STOCKPORT FOR CARERS INDEX P8ge No. Contents Trustees. Report 10 Independent Examiner'5 Report ststement of Financial Activities 12 Balance Sheet 13 Statement of Cash Flows 14- 23 Notes to the Accounts SIGhlPOST STOCKPORT FOR CARERS Report of the Trustees for the year ended 31rt March 2024 The Trustees present their annual directors, report and flnancial statements of the charity for the year ended 315t March 2024 which are also prepared to meet the requirements for a Dirertors, report and accounts for CoFnpanles Act purposes. The financial statements comply with the Charities Act 2011, the Companies Art 2￿6, the Memorandum and Articles of Association. and the Accounting and ReportinE by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019}. Reference and administrative information Charity Name: Signpost Stockport for Carers Charity Number: 1085727 Company Number.. 4176004 Dlrectors and Trustees The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving durln8 the year and since the year end were as follows: Key management personnel: Trustees and Directors Paul Connellan (Chair) Paul Howes (Treasurer) David Cox {Chairl Anthony White Carol Rushton Jennifer Crosbie Jilly Julian Ryan Greenhalgh Myer Lugassy (appointed 18 January 2024} Barry Parkes (resigned 27th November 2023) th Senior managers Julia Hewer (Chief Executive Officer) Company Secretary Hannah Quirk Registered Offlce The Heatons Centre Thornfleld Road, Heaton Moor Stockport, Cheshire, SK4 3LD SIGNPOST STOCKPORT FOR CARERS Bankers Royal Bank of Scotland Drummond House (GKI Branch Customer Services Centre l Redheughs Avenue Edinburgh EH12 9JN Independent Examlners Community Accountancy Service Limited The Gran8e, Pilgrim Drive Beswick Manchester MII 3TQ Structure• governance and Management Signpost Stockport for Carers is a company limited by guarantee that is governed by its th Memorandum and Articles of Association dated 8 March 2001. It Is reglstered as a charity with the Charity Commission dated 22. March 2001. Appolntment of Trustees As set out in the Articles of Association Trustees are elerted annually by the members of the charitable company attending the Annual General meeting. Trustee induction and tralnln8 New Trustees are glven a Trustee Training and Guidance Pack whlch covers: The obligations of the Board of Trustees The main documents which set out the operational framework for the charity Resourcing and the current financial position as set out in the last published accounts Future plans and objectives A question and answers pack has also been prepared drawing information from the various Charity Commission publications. This is distributed to all new Trustees along wlth the Memorandum and Articles of Association. Organisation The Board of Trustees administers the charity. The board normally meets bi-monthly and Is responsible for the strategic direction and policy of the Charity. The members are drawn from a wide variety of professional backgrounds relevant to the work of the Charity. The Chief Executive Offlcer is responsible for working with the Board of Trustees to formulating the strategic direction of the charity and for the day-to-day operations of the charity with SIGNPOST STOCKPORT FOR CARERS the assistance of service managers. The Chief Executive Officer is responsible for ensuring that the charity delivers the seniices specified and that key perfomance Indicators are met and reporting these to the Board. Objectives and activities The purposes of the charity are to serve the district of the Metropolitan Borough of Stockport in alleviating the condition5 of life; amongst people, of all ages and ethnicity, who are caring and who have cared for a person who has mental health problems, has a physical or sensory disability, ha5 learning disabilities or whose health is impaired by sickness or old age; and of dependants of carers who are themselves in need, and for that purpose to promote the relief of such carer5 as previously mentioned; and to advance education amongst carers and the public. The maln activStles are carer support for people aged slx and over. The charity furthers Its charltable purp05e5 for the publlc benefit through the provision of low cost accommodation, meeting and training facilities for organlsations across sectors. The Trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Charity's aims and objectives. in planning future attivities, and setting the pollcies for the year. Activities and Achievements At Signpost Stockport for Carers, our carers are at the centre of everything that we do. This year, we have made concerted efforts to sustain and develop our serrfices and support in line with our values of Compassion. Connection. Empowerment, Respect and Excellence. This year, Signpost has been instrumental in the development of Stockport's Carers Strategv and Carers Partnership Board along with a wider carers network which draws from the lived experiences to inform systems change. This is a signrficant achievement for Signpost, the borough of Stockport and all Stockport carers. We are proud to be co-chairing and facilitating the board, launching the training, and administering and developing the network and its membership and are excited to develop it further over the comin8 year. We have continued to work in accordance with our strategic plan, developing and cementing our posltion in the borough as a navi8ator. organlser and voice for carers. From first contact through to core service delivery and on to follow up and after care. the whole organisation has remalned true to its belief that being a carer should not be a barrier to leading a fulfilling life. SIGNPOST STOCKPORT FOR CARERS From Aprll 2023 to March 2024, we registered more than 500 new adult carers and 106 new young carers. For Some, talking to Signpost is the first conversation that they have had about their caring role. Our team of carer and family support workers have the skills, experience. time and Space to listen to the individual's experience and work with them explore what 15 right for them with regards to ongoing support, empowering them to meet the challenges presented by having caring responsibilities. There are many commonalities in the experiences of carers, regardless of the age of the carer or the cared for. This year, carers have continued to tell us that they feel- Stressed Anxious Resentment Guilt Isolated Frustrated Pressured Thi5 is why the work of our charity is so important, and why it is necessary to provlde support and information that is right for the Indlvidual. We are one of very few carer support organisations that offer a specialised counselling service for carers. This year, we have continued to see ex￿lIent outcomes for carers from this valuable service, 300 hours of counselling have been delivered to our young carers. 101 adult carers have received 1-2-1 counselling sesslons. delivered by qualified and student counsellors. The servlce continues to report outstanding cllnical outcomes. We use the WEMWBS scale to measure outcomes for carers. This is a scale which has been validated for the measurement of mental wellbeing among people aged 13 to 74 in the UK [1-5]. It comprise5 14 positively worded statements with five response categories from 'none of the time, to 'all of the time,. After completion of a set of sessions the average Wemwbs wellbeing score increased from 25 to 37. 83% of carers indicated that their emotional wellbeing had improved due to Signpost counselling and 75% indicated that the counselling had had a positive impact on thelr caring role. 2023-24 saw the introduction of therapeutic workshops and awareness sesslons. A total of 51 carers attended these. The sessions are developed a5 psychoeducational content, led and facilitated by our counsellors and delivered in I to 5 sessions. These also had significant and long term outcomes for the carers. There is an Increasing demand for this provision and we continue to explore ways to resource additlonal developments in this area of our organisation. SIGNPOST STOCKPORT FOR CARERS We have achieved some excellent outcomes for carers in this, the second year of the 5 year contract that we hold as part of the Stockport Support Hub. The value of this contract has grown this year, enabling us to employ more local people to deliver carers assessments in a more timely and effective way. In 23-24, the team have delivered more than 670 statutory assessments and support plans to carers. This work is complemented by other important activities induding contingency plannin& dementia carer training, peer led support groups for current and former carers and social opportunities. We know that carers feel more engaged. less isolated and more supported through this work, and that it is improving their emotional and physical health. Carers continue to be disproportionately affected by the increased cost of living. This year, our Moneywise worker has made 264 home vi51ts, supporting carers to access the benefits and allowances that they are entitled to. We estimate that this work has brought more than £1.267.000 into Stockporvs ¢arer households over this twelve month period. We have also been able to provide £70,000 of emergency funds to carers through Stockport Council's household support fund trusted partner network. This is a near instant opportunity to relleve financial pressure (and the accompanylng Stress ) to those carer5 who are in debt with energy and/or other utilities, are facing unexpected expenditure due to failure of white goods or who are struggling with essentials such as food, bedding. clothing and continence products. We have also dellvered year l of our 3 year contract for Youn8 Carers support. We have received 218 referrals from partners in this time, leading to 318 assessments with parents and young carers. These assessments lead to the young person accessing other peer and professional support, all focused on reducing that sense of i501ation and anxiety. The young carers team have thi5 year developed 100 evening group sessions (from mindfulness to boxin8). 30 days out and more than 800 hour5 of one to one support in schools. We know that this is making a difference to the young carers and their families from the feedback that we routtnely request- and the smile5 and friendships that we see at the groups. The school support team continues to support schools to apply for the highly respected Children's Society National Award Scheme. For those Schools who have the award the evidence is clear that young carers are better supported to reach their full potential. Due to the ongoing partnerships with our Stockport Schools we are pleased to announce that we have the first Primary school in the Northwest to achieve the Gold award. In total we now have 6 Gold Standard Awards in Stockport, 16 Bronze holders, the most in the UK! Thls is not an easy award to get and requires a great deal of evidence and hard work, to ensure young carers voices are heard and they have acce5S to respite opportunitles wlthin their school settings. We are delighted that this year we have supported 50 schools, delivering 22 whole staff training sesslons, 20 assemblies and 10 PHSE workshops- all of which raise awareness of identification and support of young carers- but we know that SIGNPOST STOCKPORT FOR CARERS there is still lots of work to be done here. 52 Stockport schools reported having zero young carers In their returns to the 2024 school census which means that hundreds of Stockport young carers are going unrecognised and unsupported; something that we are determined to change. This year. we have had significant succe55 in attracting additional sources of Income required to supplement our provision of services and support, through community and corporate partnerships (including Heaton Moor Ladies Golf Club and musicmagpie), local fundin8 Streams such as Stockport's Health and Wellbeing Fund), sub-regional funding (the Together Fund, accessed through Forever Manchester). regional funding (Electricity North West'5 Partnership Fund) and national support from funders such as Garfield Weston. We have also increased the income generated through carer contributions for coun5ellin8 5UPPOrt and our community building, which we operate as a Social Enterprise. We are extremely grateful for the donations received from current and former carers, their families and our other 5UPPOrters which resource many areas of our organisation. We are also hugely thankful for the input and energies of our board of trustees, our volunteers and our staff team without whom none of this would be possible. This year we have increased our workforce, with excellent rates of retentlon and recruitment, developing new volunteer roles and providing learnlng and development opportunities so that all colleague5 are expert in their roles, just as our carers are in theirs. Flnancial Review The Charity recorded a surplus of £94,741 {2023 a deficit of £81,866) on its financial activities during the year with overall income of £933,94012023 £759,708). Expenditure dropped slightly to £839,199 from £841,574. The charity ended the year with restricted reserves of £362.848 (2023 £286.475) and unrestricted reserves of £148.790 (2023 £130,422). Investment powers and policy The Trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in the chariWs current account with the Royal Bank of Scotland during the year. Reserves policy and going concern The balance held in unrestricted reserves at 31st March 2024 was £148,790 (Note 19) of which £99,042 (Note 20) Is free reserve5, after allowlng for funds tied up in tangible fixed assets. The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The Trustees consider SIGNposf STOCKPORT FOR CARERS that this level will provide sufficient funds to respond to appllcations for grants and ensure that support and governance costs are covered for the 2024125 financial year. The Trustees consider that the charity is a going concern and the following 50urces of funding have been secured (or for rental Income and fundraisln& are reasonably expected) for 2024125,. Adult Carer5 Stockport MBC Adult Carer5 Contract Henry Smith GMCVO Greater Manchester ICB (Stockportl 314,000 39,700 5,816 14,594 TOTAL £374.110 Young Carers Stockport MBC Young Carers Contract Greater Manchester ICB (Stockport) BBC Children in Need 174,460 30,713 23,852 TOTAL £229,025 Total Income £603,135 Risk Management The Trustees continue to be updated on the major risks to which the charity is exposed, and actions in place to mitigate those risks. Where appropriate, systems or procedures have been established to mitlgate the risks the Charity faces. External risks to funding have led to the Trustees starting to review the strategic plan which will allow for the diversification of funding and activltles. Internal control risks are minimised by the Implementation of proceduTes for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff and volunteers. All policies are periodically revlewed to ensure that they continue to meet the needs of the Charitv. Plans for Future Perlods The existence of Signpost Stockport for Carers, with its superb team of staff and volunteers and its decades of experience, is critical for many Stockport resldent5. We see our responsibilities as a privilege and are preparing to work with our carers and other stakeholders as we face the next twelve months. SIGNPOST STOCKPORT FOR CARERS We will continue to support the work of the Stockport Carers, Partnership, engaging all stakeholders with the borough's Think Carer! Strategy. As a co-chair of this important local partnership, we will work with the issues that Stockport's carers have brought to the Carers Network, holding partners accountable for making the real changes that will make a difference to the day to day lives of carers of all aEe5 in our borough. We will work especially closely with commissioner5 at Stockport Council and Greater Manchesterfs Integrated Care Board to ensure that carers are seen, heard, recognised and valued in all arena. We remain committed to being the voice of carers. and will work with partners to amplify this wherever possible. Our own revised strategy and the accompanying commitments to action will support this broader work, ensuring that as the local caTer5 SUPPOrt organisation we continue to provide relevant, accessible and expert emotional, practical and social support to all Stockport Carers. We will work alongside our carers to learn how we are making a difference and where improvement5 can be made. We will use carer data collected by us. and by local, regional and national organisations to inform, refine and develop our offer to carers. This will Include working with education providers, GP practices and social work teams to better identify and support young and adult carers in our borough through awareness campaigns, accreditation and training. We will also look at new technologies to enhance our carer support offer and achieve efficiencies across our organisation. We will improve our methods of external communication so that more carers are aware of the support and information available from our organisatlon. None of this will be possible without financial sustainability, a key and omnipresent consideration for the Signpost board and senior management team. We welcome the security that comes from the contracts with Stockport Council's Adult Social Care directorate for the delivery of Stockport's carer 5UPPOrt hub and from Stockport's Integrated Care Board and SMBCS Children and Young Peoples Dirertorate for core elements of young carer support. In 2024-25, we will work to supplement this core funding through attracting increased corporate and community donations through the implementation of a comprehensive fundraising strategy, whi15t continuing to attract income from grants and trusts that are aligned with our aims and objectives. We will also explore how we can generate increased income through increasing the understanding of the environment in which we operate and what carers and the users of our space are looking for. We will also focus on the marketing of our community building and the specialist services that we deliver. Related parties and Cowoperatlon with other organlsatlons None of our Trustees receive remuneration or any other benefit from their work with the charity. Any connection between a Trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual SIGNPOST STOCKPORT FOR CARERS relationship with a related party. In the current year no such related party transactions were reported. Trustees responsibilities in relation to the financial statements The charity Trustees (who are also the directors of Signpost for the purposes of company law) are responsible for preparing a trustees. annual report and financial statements in accordan￿ with applicable law and United Kingdom Accounting Standards (United Kingdom Generally AC￿pted Accounting Practice). Company law requires the charity Trustees to prepare flnancial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparlng the financial statements, the Trustees are required to: Select Sultable accounting principles and then appty them consistently; Observe the methods and principles in the applicable Charities SORP. Make judgments and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements. Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. y order of the Board of Trustees Paul Connellan Chairperson TH Date.. 24 September 2024 10 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SIGNPOST STOCKPORT FOR CARERS report on the accounls of the charity for the Year Ended 31 March 2024, which are set oul on pages I I to 23. Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the pury)oses of cornpany law) are responsible for the preparation of the accounls. I'he trustees consider that an audit is not required for ihis year under section 144(2) of the Charities Act ?0 I l (the 201 l Acl) and thal an independent examination is needed. Tlie ch￿'11Y is required by company law to prepare accrued accounts and I TOTAL NET ASSErs 511.638 416.897 THE FUNDS OF THE CHARITY Unrestricted Funds Restricted Fund8 (20) (20) 148,790 362.848 130.422 286.475 511.638 416,897 F(K the year in question the company was entitled to the exemption from audit under sedion 477 of the Companies Act 2006 relatlng to small companies. -The mernbefs have not required the company to obtain an audit of Its accounts for the year in question in accordance with section 476. - The directors arknowledge their responsibilities for complying with the requir8ments of the Act with respect to accounting records and the preparatlon of 8ccounls. These accounts have been prepared in accordan￿ with the provisions applicable to companies subjèct lo the small companies. regime. on beh If of the Company's Board of Trustees.. Mr Paul Connellan {Chair) Trustee l Director Mr Paul Howes Trustee l Director Date.. 24th September 2024 The notes on Pages 14 10 23 fomi part of these accounts. SIGNPOST STOCKPORT FOR CARERS STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31ST MARCH 2024 RECONCILIATION OF NEf MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 13 2024 2023 Net movement in funds Add back depreciatlon Deduct investment income Decre8sel(increase} in d8btors Increasel(decrease) in Creditors 94,741 20,265 (5,880) (39,877) (137,172) (81,886) 17,231 (2,083) 10,782 179,109 Net cash used in operatlng actlvities (67,923) 123,153 Cash flows from Investment activltlè5: Interest Purchase of fixed assets 5,880 2,083 <16,924) (29,388) Net cash provided by inv88tlng actlvlti95 <11,044) <27,305) Increasel(decreasel in cash and cash equivalents during the year (78,967) 95.848 Cash and cash equivalents brought forward 544.390 448,542 Cash and cash equivalents carrled fornard 465,423 544,390 SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 14 I. ACCOUNTING POUCIES (a) Basls of preparation and assessment of Eoln8 ¢oncern The accounts (financial statements) have been prepared under the historica cost convention with items recognised at ￿st or transaction value unless othervase stated in the relevant notes to these accounts. The financial statements have been prepared in accordan￿ with the Statement of Recommended Practice: Accounting and Reportlng by Charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland (FRS 102) issued January 2019 and the Flnancial Reporting Standard applicable In the Untted Kingdom and Republlc of Ireland (FRS 102) and the Charities Act 2011. Thè chartty constitutes a public benefft entity as defined by FRS 102. The trustees Consider Ihat there are no material uncertainties about the charltys ability to continue as a going concem. (b) Funds structure RestTictsd funds are funds whlch are to be used in accordance with specific restrictions imposed by the donor or trust deed. There are 19 restricted funds at the year end. Unrestricted income funds comprise those funds which Ihe trustees are free lo use for any purpose in furtherance of the charitable objects. Unrestrided funds include designated funds where the trustees, at their discretion have created a fund for a specific purpose. Further detalls of each fund are disclosed In note 19. (c) Income reCO￿lI10n All income Is recognlsed once the charlty has entitlement to the Income, It Is probable that the income will be received and the amount of income receivable can be measured reliably. Donations are recognised wtr*n the charity has been notified in wribng of both the amount and settlement date. In the event that a donation is subject to condlllons that require a level of perf0m￿nCe before the charity is entitled to the funds, the income is deferred and not ￿cOgniSed untll either those onditions arè fully met. or ihe fuifilment of Ihose conditions is W￿l}Y within the control of the charity and it is probable that thosè conditions will be fulfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can be measured liably by the charty; thls Is rnrmally upon notification of the interest paid or payable by the bank. Idl Expenditure Recognltlon 'abilities are recognised as expenditu￿ as soon as there is a legal or ¢onstructlve obligalion committing the charity to that expenditure. it is probable that settlement will be required and the amount of the obligation can be measured rellably. All expen(liture is accounted for on an accrual$ basis. All expenses Including support costs and govemance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note {fj below. le} Irrecoverable VAT Irrecoverable VAT is charged aganst the expenditure headlng for whl¢h It was InCur￿d. (fj Allocatlon of support and Eovernance costs Supp¢)rt costs have been allocated be￿￿en governance costs and ¢ther 5UPWt costs. Governance costs Comprise all costs involving the public accountability of the charty and its compliance wlth regulation and good practice. Thése costs include costs related to independent examination and legal fees together ￿￿th an apportionment of overhead and support costs. Goveman¢e wsts and support costs relating to charltable activities have been apportloned based on staff time and facilitte$ used In each activity. The allocation of support and govemance costs is analysed in note 10. SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 15 Ig) Charltable Actlvltles Costs of charitable activit188 include goveman¢e costs and an apportionment of support Costs as shown In Note 9. (h) Tangible fixed assets and depreclation Fixed assets are included in the accounts at net book value. Additions of a single item or a group of similar assets exceeding £500, are capitallsed at cost (valuation for donated assets). Depreciation is provided to write off the cost less the estimated r8sidual value of tangible fixed assets over their estimated useful lives as follows'.- Building Improv8ment6 100/0 on cosl Other fixed assets are capitallsed at cost and depreciated at 20% per annum on cost. The charity, being a public benefit entity, does not consider th81 it holds the buildings as an investment. The buildlng was sold to the Charity for £1 wlth the intention that the building would be used as a hub for charltable arKI voluntary organisations in the care sector, 8nd that the charity would manage the facilities for the public benefit. A￿a$ not used directly by the charity are let or hired to other public benefit organisalions, specifically those offering care and v￿lfare services, at r8tes that aim to cover the running costs of Ihe facilities over tlme. The fair value of any investment component cannot be measured reliably. The building and improvements are therefore stated al cost less accumulated depreci81ion. Income from ￿ntaI and room hire is shown in Note 8. (i) Debtors Trade arKI other debtors are recognised at settlement amount due after any trade discount offer8d. Prepayments are valued at the amount prepaid net of any trade discounts due. Creditors and Provisions Cr8ditor8 and provisions a￿ recognised where the charity has a present obllgatlon resulting from a past event thet will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recogni8ed at their settlement amount after allowing for any trade dIS￿nts due. (l) Taxation The organisation is exempt fiom income tsx by reason of its charitable statu8. Income tax SLrffered on Investment income Is reclaimed in full. The Charity is not registered for VAT. ti) Pensions The charity currently admlnlsters contributions to a pension scheme, that 18 auttrenrolment compliant. Contributions are charged to expenditure as they fall due. The charity has no liability beyond making its contributions and paying across the deducts'ons for the employee's contributions. (k} Contingent liabllltles A contingent liability is identified and disclosed for those transactions resulting from 8 possible obllgatlon which wlll only be confirmed by the occurrence of one or more uncertaln futu￿ e¥ents not wholly wthin the trustees, control. INCOME This represents grants, contracts, sèNlce level agreements and sundry Income receivable for the provlsion of care and social welfare. 2024 2023 TAX ON SURPLUS ON ORDINARY ACTivmES SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (cont... NET INCOME FOR THE YEAR This is stated after charging.. Pension Costs Depreciation - owned assets Independent Ex8min8tion 16 2024 2023 12.157 20,285 1,540 13,092 17,231 1,530 INCOME FROM CHARITABLE ACTIVITIES Unrestrlcted Restrlcted Funds Funds Total 2024 Stockport CCG - Young Carers Co Stockport CCG - Adult SMBC - Young Carers SMBC Adult Carers- 30,713 14.594 167.000 250,620 49,380 11.200 10,000 1,000 38,000 16,500 11,368 21.000 14,538 11,529 19,994 65.675 32,955 5,000 5,000 3,398 4.500 783.964 30,713 14.594 167,000 250,620 49,380 11,200 10,000 1,000 38,000 18,500 11,368 21,000 14,538 11,529 19,994 72,675 32,955 5,000 5,000 3.398 4,500 790,964 Carers SupFQrt Hub Stockport Mind Carers Partnership Mental Hèalth & Wellbeing Fund Warm Space Fund Henry Srnlth 8ectricity North West Partner Grant TriarKJle Trust Ogie5by BBC-Children In Need {£17,889 deferred) Age UK Stockport Local Fund Household Support Fund GMCVO - Enterprise Activity Support Broome Family Trust Garfield Wleston Foundation NHS GM Integrated Care - Blg Brain Health Fund Other Grants Total 7,000 7,000 Previous Year Unrestrictéd Restricted Funds Funds Total 2023 Stockport CCG - Young C8rer8 Core Stockport CCG - Adult SMBC - Young Carers SMBC Adutt Carers - 31,161 14,807 167,000 150,000 50,000 37,200 44,102 19,285 24,600 15.200 11,530 34,500 31,161 14,807 167,000 150,000 50.000 37,200 44,102 19,285 24,600 15,200 11,530 38,000 9,IXIO 6,500 3.600 621.985 Signpost Stockport Mind Henry Smith Big Lottery Triangle Trust Oglesby BBC-Children in Need SMBC - Win A Household Support Fund Access to Growth Gatheld Weston Foundation other Grants Total 3,500 9.000 6,500 3,600 22,800 599,385 SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (cont...) INCOME FROM OTHER TRADING ACTIVITIES 17 Unrestrlcted Restricted Funds Funds Total 2024 Total 2023 Rental, Room hire & Services Income Photocopying Staff Secondment Training Student Placement Fees Other 81,571 556 10,610 81,571 556 10.610 634 1,400 405 95.176 75,376 438 29,684 400 2,800 634 1,400 255 2.289 150 92,887 Restrfcted income in 2023 was £3,200. 108,698 GRANTS MADE 67 monetary awards lotalling £41,988 and goods and vouchers totalling £8,153 were made from the Household Support Fund. EXPENDITURE ON RAISING FUNDS Unrestrlctsd Restricted Funds Funds Total 2024 Community Facilities & Other Servicès.. Employment Costs Depreciation Business Rates Repairs & Maintenance Heat, Light & Water Cleaning Insurance Health & Safety Teleph￿e Refreshments Bad Debts Fundraising Support 13,383 6,755 1,535 4,185 8,786 6,105 2,438 808 4,033 139 647 769 49,563 13,383 6.755 1,535 4,185 8,766 6,105 2,438 4.033 139 769 49,563 Previous Year Unrestricted Restricte£l Funds Funds Total 2023 Community Facilltles & Other Semces.. Employment Costs Depreciation Business Rates Repairs & Maintenance Heal, Light & Water Cleanino Insurance Telephone Retreshments Bad Dèbts Fundraising Support 35,828 5,743 1,459 4,009 9,719 6,083 1,814 4.066 412 1.290 1.063 71,486 35,828 5.743 1,459 4,009 9.719 6,083 1.814 4.oeé 412 1,290 1,063 71,486 SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (cont...) EXPENDITURE ON CHARITABLE ACTIVITIES 18 Adult Carer Services Young Carers Total 2024 Employment Costs Recruitment & DBS Checks Staff Welfare & Support Training Travel Partner Payments - Stockport Mind Advertising & Publicily & Events Carers Activilles. Outings & Residentials Translation Carers & Support Worker Other Volunteer Expenses Vehicle Expenses Counselling Fees Room Hire Respite Proiert Evaluation Support Costs Govemance Costs 323,163 185,826 176 508.989 176 747 2.303 2,781 49,380 3,326 20,518 95 2,474 1,904 2,022 15,717 297 147 2,850 113,521 12,268 739,515 747 2,213 1,850 49,380 3.326 9,474 90 931 11.044 95 743 120 2.022 2,929 1,731 1.784 12,788 297 147 2,850 84,348 11,503 505,601 29,173 765 233,914 Restricted Funds Unrestricted Funds 701.237 38,284 739,515 Previous Year Adult Carer Serv1￿5 Young ca￿rS Total 2023 Employment Costs Recruitment & DBS Checks Training Tra¥el Partner Payments- Slackport Mind Advertising & Publicity & Events Carers Activities. Outings & Residenlials Translation Carers & Support Worker Other Volunteer Expenses Vehide Expenses Counselling Fees Room Hire Support Costs Govem8nce Costs 277,542 223,508 210 1,830 3.558 501.050 210 7,937 5,906 50,000 7,231 6,107 2,348 50,000 7,217 2,717 41 281 255 14 3,929 41 200 100 1,709 660 41 481 255 1,709 23,201 287 116.383 14,596 735.933 23,201 287 93,889 11.592 475,477 22,494 3,004 261,257 Restricted Funds Unrestrict8d Funds 581,775 154,158 735,933 SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (cont... 10 ALLOCATION OF GOVERNANCE AND SUPPORT COSTS 19 Basts of General ApPOrt￿rne01 Support Gov•rnance Total 2024 Totsl 2023 Support Costs Employm8nt Costs Stsff fwyre Computer Maintenance & Software kn Used Website Support Costs Minor Equipment Depreciation Publications & Subscriptions Repairs & Maintenance Heat, Light & Water Cleaning Insuranc8 22.270 8,083 2,436 761 13,509 2,872 8.371 17.533 12,210 2,474 24,744 8,083 2,436 761 13,509 2,872 8,371 17.533 12,210 20,485 7,115 2.944 827 11,487 1.531 8,018 19,437 12.166 rect Arna Used Used i&1]. Used Health & Safety Telephone Printing & Station&ry Postage Sundries Refreshments Loan Inte￿st Bank & Lender Charges Legal & Professional Fees Strat8giG & Management Support Accountancy 4.876 1,616 8.066 4.050 769 793 1,487 3,339 480 4,876 1,616 8.068 4,050 769 793 1,487 3,339 480 6.566 188 3.040 125.789 3,629 Affta LIs8d Area Used 8.132 6.098 2.812 2,974 6.538 3,848 790 6,768 4.250 1.530 130.979 reGt Goveman Governance Govwnance 6,566 188 3,040 12,268 G¢¥emancp Goveman¢e 113,521 11 STAFF NUMBERS AND COSTS 2024 2023 Wages and Salaries Social Security Costs Pension Costs 498,941 36,018 12,157 547.116 508.565 35.706 13.092 557,363 The charity employed 41 people during the year The average number of employees, full tlme equivalent was as follows: SeNices Management & Administration 16 16 18 19 The charity ¢onsid¢rs its key management personnèl comprise the Trustees and deputy director. The lotal employment benefits, including employer pension contributions of the key management personnel was £35,307 (2023.. £33,428), No employees has benefit5 in excess of£60,000 (2023:none) SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (cont... 12 TANGIBLE FIXED ASSETS Land & Building Buildings Improvements Vehides 20 Computer Fixtures & Equipment Equipment Total COSTI VALUATION At 1 April 2023 Additions At 31 March 2024 269.342 16,924 286,266 35,620 59.456 49,386 413.805 16,924 430,729 35.620 59,456 49.386 DEPRECIATION Al 1 April 2023 Charge for Year At 31 March 2024 235.013 6.517 241,524 28.4g6 7,124 35.620 45.647 5.241 50,888 44.331 1.389 45,720 353.487 20,265 373.752 NET BOOK VALUE At 31 March 2024 At 31 March 2023 44.742 34,329 8,568 13,809 56.977 60.318 7.124 5.055 Stockport MBC transferred the buidings to Ihe ch8Titable company for the nominal sum of £1. CAPITAL COMMITMENTS 13 2024 2023 Contracted but nol provided for 12343 14 DEBTORS 2024 2023 Other Debtors Prepayments 86,736 6.824 93,560 77,977 15,583 93,560 47.132 6.551 53,683 31,645 22.038 53,683 Restricted UnrestriGted Total 15 DEFERRED INCOME 2024 2023 Deferred income comprises grants and rentals paid In advanc8. Balance as at 1 st April Amount relea88d lo income earned from charitsble activities Amount deferred in y8ar 36,324 {36.324) 47,129 47,129 41,965 (41,9651 36,324 36,324 16 LIABILITIES: AMOUNT8 FALLING DUE WITHIN ONE YEAR 2024 2023 Other Creditors Loan Deferred Income Other Creditors- SMBC Attruals 8.360 7,406 47.129 24,247 6.616 38.324 140,946 7,559 215.692 136,955 78,937 215,892 23,031 85.926 56,583 29,343 85,926 Restricted Unrestricted Total SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 {cont...) 17 UA8ILmES: AMOUNTS FALUNG DUE AFTER MORE THAN ONE YEAR Loan 21 2024 2023 18,398 25,802 18 LEGAL STATUS OF THE COMPANY The Company has no share capitsl and all members have agreed to contribLrte £1 in the event of the Company ￿1nding up. 19 ANALYSIS OF CHARITABLE FUNDS Analysls of Alovements In Restricted Funds.. Restricted Capital Fun(ts.. Donation- Minibus SMBC - cellar refurbishrnent Mayorfs Chwity-cellar refurbishment The Morrison's Foundation - cellar Adult So¢lal Care & Carers Age UK Gr MCT NHS Integrated Care- BBH Household Support Fund St￿kpOrt CCG SMBC - Carer Respite SMBC - Mental Health & Wellbelng SMBC - Carers Partnership SMBC - Warm Spa¢e Fund Stockport Local Fund SIABC Adult Carers Electricity North West Big Lottery Henry Smith GMCVO - Enterprlse Activity Support Other Grants - adults Donations - counselling Fundraislng & Donations - adults Young Carers SMBC Soc Services Stockport CCG - Young Carers Donations Triangle Trust Donatlons- counselliThJ Student Placèment & other BBC Children In Need Oglesby Charitable Trust sU￿tOtal Unr•strlcted Funds.. Genèral Funds Capital Funds {spenti Designated - Database Upgrade Designated - Building Maintenance Designated Funds- Contingency Balance at 01-Apr-23 Balance at 31￿ar-24 Incomlng Transfers Outyoing 7,124 1,694 667 3,640 (7,124) (551) {217} (850) 1,143 450 2.790 11,529 3,398 65,675 74,594 4,203 {15,732) (3.398) {50,121) (12,365) (91) (8,750) (11.200) (1,000) (13,528) (292,813) (17,761) (24.171) (38,1)00) 385 807 4,792 15,939 3,036 4,701 1.250 10,000 11,200 1.000 19.994 300.000 16,500 6,466 8,113 926 1.261 21.625 10.490 38,000 32.955 14,500 2,438 2.499 35,227 (10.509) 10,490 32,955 (14,500) (4,937) (329) 151,531 175,920 167,000 30,713 3.882 11,368 (137.121) {38,800) (412) (11.494) 29.879 8,087 57,996 3,700 4,338 61,466 3.574 4,338 2,214 14,538 21,000 827, 725 (2.214) (33,673) (10,200) (751,352) 6,480 2,193 286,475 (12,655) 12.993 362,848 31.237 17.920 6,182 38,476 36,607 130,422 416,897 106,215 (36,754) (78,350) {4.562) (1,118) (3,817) 22,348 13,358 3,654 72,823 36.607 148, 790 511,638 (1,410) 38,184 106,215 933,940 (87.847) (839.199) SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (cont...) 22 Designated Funds - This includes £32,823 bocl( value of lh8 lfft still to be depreciated. The balance is set aside for unexpected costs and longer term maintenance to the structure. 19 cont ANALYSIS OF CHARITABLE FUNDS cont... Previous Year Analysls of Movements in Restrlcted Funds." Restrlcted Capital Funds.. DOnatI￿- Minibus SMBC- cellar refurbishment Mayors Charity -cellar refurbishment The Morrison's Foundatlon - cellar Community Investment Fund Adult Social Care & Carers Wider independence Nehvork - Lot A Donatlons - counselllng Household Support Fund Stockport CCG SMBC - Carer Resplla Carer Assessments SMBC Adult Carers Big Lottery Henry Smitti Fundraising & Donations- sdults Young Carers SMBC Soc SeNices Stockport CCG - Young Carers Donations Triangle Trust Donations- counselllng MMU BBC Children In Need Oglesby Charitable Trust Sub-total Unrestricted Funds.. General Fund5 Capital Funds {spent} Designated - Database Upgrade Designated - Building Maintenan Designated Funds - Conlingency Balance at 01-Apr-22 Balance at 31-Mar-23 Incoming Transfers Outgoing 14,248 2.245 (7,124) (551) 12171 (850) 1193) 7,124 1,694 667 3.640 4,490 193 11.530 3,965 34,500 14.807 (11.530) (3,965) {34,115) 114,000) (1,155) (14,831) 1199,074) (37,735) (26,710) (2.582) 385 807 4.792 5,947 14,831 200,000 44.102 37,200 19,556 926 21,625 10,490 151.531 15.258 134.557 167,400 31,161 3.421 19,285 759 (168,159) (30.919) 7.845 55.334 3,975 4,768 8.087 57,996 3,700 4.338 {759) 119,560> (430) (2,800) (16,218) (23,212) f615,930J 2.800 15,21)0 24,600 629,527 7.498 6,480 2.193 286.475 272,878 121,321 20.657 7,300 40,000 36,607 225,885 498,763 130,181 1678) (219,587) 678 13,415) (1,118) 11,524) 31.237 17.920 6,182 38.476 38,607 130,422 416,897 130. 181 759,708 (225, 644) (841,574) Restricted capital funds (Including cellar refurbishment} and unrestricted c8Pltal funds are fully sr>ent. The balance repre8ent8 the book value of assets still to be daprèciated, A contlngency fund is to cover employment costs in the event of funding gaps or ce5satlon of project funding. SIGNPOST STOCKPORT FOR CARERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 {cont...) 20 ANALYSIS OF NET ASSETS BETWEEN FUNDS 23 Tanglble Fixed Assets Other Nel Assets Total 2024 RESTRICTED FUNDS.. Restricted Capital Adult Soclal Care Young Carers 4,383 1,802 1,044 7,229 49.748 56,977 4.383 258,870 99,595 362,848 148.790 511,638 257,068 98.551 355,619 99,042 454,661 UNRESTRICTED FUNDS: Retained SLKplus Carried Forward Prevlous Year Tangible Fixed Net Current Assets Totsl 2023 RESTRICTED FUNDS. R8Stricled Capital Adult Social Care Young Carers 13.125 2,871 1,932 17,928 42,390 60,318 13,125 190.556 82.794 286,475 130,422 416,897 187,685 80.862 268.547 88.032 358,579 UNRESTRICTED FUNDS: Retsined Surplus Carried Forward 21 OPERATING LEASE COMMITMENTS Offlce Equipmern Within one Year 2-5 years 2024 2023 3,207 9.622 3,207 9,622 22 CONTINGENT LIABIUTIES There were no contingent liabilities at 31 March 2024 (2023 £nlll. CONTROLLING PARTY 23 The charitable compary is under the joint control of the Board of Trustees named on Page 1. POST BALANCE SHEET EVENTS 24 The trustees consider that there are no slgnificant post balance sheet events that impact on the financial statements as presented.