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|||Pages|
|---|---|---|
|Legal and administrative|details||
|Trustees'
annual
report||2-12|
|Independent
examiner's|report||
|Statement
offinancial activities||14|
|Balance sheet||15|
|Statement of Cash Flows||16|
|Notes to the financial statements||17-26|
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|Principal/Registered|Principal/Registered|Office|The Vestry Hall|
|---|---|---|---|
||||336-338London Road|
||||Mitcham|
||||Surrey|
||||CR4 3UD|
|Independent|examiner||Jason Foxwell FCCA FCIE|
||||39Enfield Road|
||||Poole|
||||BH15 3U|
|Principal|bankers|CAF Bank|
|---|---|---|
|||25 Kings Hill Avenue|
|||Kings Hill|
|||West Mailing|
|||Kent|
|||ME194JQ|
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CARERS SUPPORT MERTON
YEAR ENDED 31 MARCH 2023
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||||||Notes|Unrestricted|RestrIcted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|Funds|
|||||||||2023|2022|
|||||||a|a||f|
|Income from:||||||||||
|Donations
and legacies||||||1,487||1,487|5,351|
|Income from charitable|||activities|||||||
|Adult Carers|||||||505,653|505,653|419,507|
|Young Carers|||||||75,000|75,000|117,875|
|Core Activities||||||14,676||14,676|3,751|
|Investments||||||2,004||2,004|295|
|Total income||||||18,167|580,653|598820|546779|
|Expenditure
on:||||||||||
|Charitable
activities||||||||||
|Adult Carers|||||||492,689|492,689|397,550|
|Young Carers|||||||94,758|94,758|128,643|
|Core Activities||||||8,213||8,213|8,848|
|Total expenditure||||||8,213|587,447|595,660|535041|
|Net income/(expenditure)|||before other|||||||
|gains and losses||||||9,954|(6,794)|3,160|11,738|
|Gain on revaluation||of pension||llablgty|||||6,903|
|Net gains/(losses)|on investments|||||(1,535)||(1,535)|7,264|
|Net movement
In|funds|||||8,419|(6,794)|1,625|25,905|
|Recondliatlon
offunds:||||||||||
|Total funds brought||forward||||105,430|219,160|324,590|298,685|
|Total funds carried||forward|||16|113,849|212,366|326,215|324,590|
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||||2023|||2022|
|---|---|---|---|---|---|---|
|||Notes|||e|e|
|Fixed Assets|||||||
|Investments||||69,635||71,170|
|Current Assets|||||||
|Debtors||12|5,336||10,198||
|Cash at bank|||272,930||387,975||
||||278,266||398,173||
|Creditors: amounts
within one year|falling due|13|~(23.686||(143,348)||
|Net current assets||||257,180||254,825|
|Total assets less current liabilities||||326,815||325,995|
|Creditors: amounts|falling due||||||
|after more than one|year|14||(600)||(1,405)|
|NET ASSETS||||e326,215||e324,590|
|The funds ofthe charIty:|||||||
|Restricted funds||17||212,366||219,160|
|Unrestricted
income|funds|||113,849||105,430|
|||||e326,215||e324,590|
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|||||2023|2022|
|---|---|---|---|---|---|
|||||a|a|
|Net cash used in operating|activities|||(115,045)|161,040|
|Change
In cash and cash equivalents|||In the year|(115,045)|161,040|
|Reconclllatlon:||||||
|Cash and cash equivalent|brought|forward||387,975|226,935|
|Total cash and cash equivalents||carried forward||272,930|387,975|
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|Reconciliation
ofnet movement|in funds to|||
|---|---|---|---|
|net cash used In operating
octivities||||
|Net movement
in funds for the year||1,625|25,905|
|Adjustments
for:||||
|(Gains) on investments||1,535|(7,264)|
|(Gains) on revaluation
of pension|liability||(6,903)|
|Decrease/(increase)
in debtors||4,862|21,302|
|Increase/(Decrease)
In creditors||(123,067)|128,000|
|Net cash used In operating
acthrittes||115,045|161040|
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CARERS SUPPORT MERTON
YEAR ENDED31 MARCH 2023
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|||||2023|2022|
|---|---|---|---|---|---|
|||||e||
|Grants and contracts received|are as follows:|||||
|London Borough ofMerton||||566,920|484,756|
|The Greater London Authority|||||39,715|
|Wimbledon
Foundation||||7,500||
|South West London IkStGeorge's Mental||Health|NHS Trust|6,233|6,000|
|lack Petchey Foundation|||||2,100|
|Other grants|||||60|
|Other Income from charitable|activities:|||||
|London Borough ofMerton
(YCadditional||commissioning)||14,676||
|Core Achvities
—Furlough grant|||||3,751|
|||||6595,329|e537,382|
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|Staff c|osts were as follows:|||
|---|---|---|---|
|||2023|2022|
|||e|a|
|Wages|and salaries|391,794|374,740|
|Social|security costs|29,650|29,836|
|Other|pension costs|10,704|10,413|
|||e432,148|F414,989|
|2023|2022|
|---|---|
|12.5|11.2|
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|||||2023||
|---|---|---|---|---|---|
|Provision at start of period||||2,210|13,281|
|Unwinding
ofthe|discount factor|||42|77|
|Deficit contribution|paid|||(805)|(3,361)|
|Remeasurements|—Impact of change||in assumptions|(38)|(51)|
|Remeasurements|—amendments|to|the contributions||(7,736)|
|||||g1,409|e2,210|
|Income and expe|nditure
impact|||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||g|e|
|Interest expense||||42|77|
|Remeasurements|—Impact of change||ln assumptions|(38)|(51)|
|Remeasurements|—amendments|to|the contributions||(7,736)|
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|||2023|2022|2021|
|---|---|---|---|---|
|||e||e|
|Year|1|805|805|3,361|
|Year|2|671|805|3,462|
|Year|3||671|3,566|
|Year|4|||3,061|
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||||||UnlIsted|Totals|
|---|---|---|---|---|---|---|
|||||Investments|||
||||||E||
|Market|value|brought forward|||71,170|71,170|
|Revaluation|||||(1,535)|(1,535)|
|Market|value|carried forward|||e69,635|e69,635|
|Unlisted|investments||||||
||||||2023|2022|
||||||e|f|
|COIF Charities||Investment|Fund Income Units||33,068|33,660|
|COIF Charities||Global Equity Income Fund Income||Units|36,567|37,510|
||||||E69,635|e71,170|
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|||||2023|2022|
|---|---|---|---|---|---|
|Trade|debtors|||131|923|
|Other|debtors|and|prepayments|5,205|9,275|
|||||e5,336|e10,198|
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
||||||e||e|
|Pension|liabilities||||e600||e1,405|
|OPERATING LEASE COMMITMENTS||||||||
|Total future minimum||lease|payments|for non-cancellable|operating|leases are as|follows:|
||||Land|and buildings|Other operating||leases|
||||2023|2022|2023||2022|
||||e|e||e|e|
|Expiring|within 1year|||9,290||847||
|Expiring|within 2-5 years||||||2,542|
||||anil|e9,290|||e2,542|
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||UnrestrIcted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2023|2023|2023|2022|
||e|e|e||
|Fixed asset investments|69,635||69,635|71,170|
|Current assets|63,400|214,866|278,266|398,173|
|Creditors due within one year|(17,781)|(2,500)|(20,281)|(143,348)|
|Creditors due In more than one year|(1,405)||(1,405)|(1,405)|
||e113,849|e212,366|F326,215|F324,590|
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||||Opening|Income
ExpendIture|Income
ExpendIture|Closing|
|---|---|---|---|---|---|---|
||||balance|||balance|
||||f||||
|Adult|Carer|Project|171,961|505,653|(492,689)|184,925|
|Young|Carer|Project|47,199|75,000|(94,758j|27,441|
||||a219,160|a580,653|a (587,447)|a212,366|
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