Charlty registration number 1089663 (England and Wales) Company registration number 04203210 ST HELENS CARERS CENTRE LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CARERS TRUST St Helens Carers Centre • xeinadin
ST HELENS CARERS CENTRE LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees A E Sisson G FAlmond T A Bull8r D M Charnock E J Dearden MBE DL J B Sheffield Socrotary A E Sisson S•nior manag•m•nt AA5hton Chief Executive Charity number (England and Wales) 1089663 Company numbar 04203210 Regist•r•d offic• 31-35 Baldwin Street st Helens M8rseyside WA10 2RS Audltor Xeinadin Audil Limited 46 Hamilton Square Birkenhead Wirral Merseyside CH415AR Bankorn Barclays Bank PIC 9 Bridg8 Street Sl Helens WA10 1NN Sollcftorg Tickle Hall Cross Solicitors 25 Hardshaw Street St Helen5 Merseyside WA10 1RP
ST HELENS CARERS CENTRE LIMITED CONTENTS Page Trusl8es' r8POrt statement of TN5tees' responsibilities Independent auditovs report staternenl of financial actmties 10 Balance sheet 11 Statement of cash flows 12 Notes lo the financi81 statements 13-26
ST HELENS CARERS CENTRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report and financial stat8rnent3 for Ihe year ended 31 March 2024. The financial stalements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's goveming document, the Companies Act 2006, FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "AG¢ounting and Reporting by Charities: Ststement of Recommended practi applicable to charities preparing th8ir accounts in accordance with the Financial Reporting Standard applicabla in the UK and Republic of Ireland (FRS 102)" Objectives and activities Principal activities and objects of the Charfty- Beneflt to Ihe Publlc Th8 principal aciivity of th8 charity in the y8ar under review was that of the provision of relief and support for Carers of people who are ill, disabled 01 elderfy. The Charity's obJectives ara to support Carers living in St Helen5 and adjoining areas so that they do not reach Crisi5 point. To do thi8 the Charity employs a team of paid staff based at a centrally located 'one stop. Carers cenlre. Paid employees provide infonatIon, advice, emotional support and a rang& of practical support including the provision of Carers Asses$ment$, Respite Breaks, Benefits Advice and Training. The Trustees confirni Ihat they have referred lo the guidance contained in the Charity Commission's general guidance on public benefit when reviewin9 the Charivs aims and objectiV93 and in planning future activities. Achi•vom•nts and porforman¢• •nora The 23124 year has been a successful year for the Charity a5 we introduced new ways of working and were able to undertake more long-term planning post pand8mlc. We continued lo see an ever-lncreaslng number of complex support cases which havg bean axacerbated with the cost-of-living crisis. The Chair, on behalf of the board would like to acknowledge the dedication and commitmenl from the Staff who continued to work wlth ever Increaslng demands making it more dlfficull to ensure we are able to seNe the needs ol all local Carers. We have intioduced a new electronic client case recording system which has streamlined the work of the organisation and made the different 5erviGes we provided completely integrated. The Trustees are also 8Xtr8m8ty grateful to our funders and those who have given donations which allowed us to exercise our Charitable objectives. Ouring the year, our main Charity base al 31-35 Baldwin Street became available to purchase rather than cKJntinue to lease. W6 w8r8 able to US8 unr8stricled r8serv8S to purchasa the building which will in the medium to long tènn reduce the charities, revenue costs.
ST HELENS CARERS CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Adult Carers & Youn Carers Our sUPPOrt to Adult Carers continued to increas8 through th8 year and w8 also experienced an increase in more complex cases with mor8 Car8rs requiring support around mental health and financial support due to the cost-of- living crisis. The charity identified and started to deliver services to a further 1,127 Adult Carers, an increase of over 170A from the previous year (961 in 22123). We also stsrted to deliver services to a further 232 Young Carers during the year who were newty identified. The amount of work undertaken with each Cargr was considerable, with pre*xistinp registered Carers continuing to return to the service for support, A total of 5,472 individual Carers received one to one SUPPOrt through 30.448 88parat8 5UPPOrt wntacts. an increase of 5'k12,859 in 22Q3) Face to face training, $o¢ial groups and events at our Carer Clubhouse reached a total of 672 different Carers accessed peer support groups, socials, and training with 4,367 attendances giving a total number of 10,917 free respite hours delivered. We organised 154 SpIte sesslons throughoul the year and 4 r8sSdentlal br8aks for Young Carers. These sessions allowed a total of 228 Young Carers <154 in 22123) to access a total of 7,332 hours of respite from their ring role. From the work we undertook w5th Carers, a totsl of 1,502 had full benefll checks of whlch 702 Carers were not in receipt of the correct benefits and we made claims on their b8half which equat8d to £3,771,090 In additional benefits. The average Carer was better off by £104 per week because of this sarvice. We issued a total of £125,205 in personal budget payments as a result of Slatutory Carers Assessments for both Young and Adult Carers. we undertook durlng the year to a total of 761 Carers allowing them to a¢5$ personalised support oftheir choice. We commenced a lrial of free holistic therapy sessions. prirnarity aimed at Parent Carers during the year which has been extremety successful. 221 different Parent Carer5 accessed a total of 677 therapy sessions giving them addition81 breaks from the caring role. W8 were fortunate to receive funding from the national Carers Trust lo commence an Employability Pilot Project during the year. The pioject gave support and advice to 231 Carers to remaining in employment or retuming lo the workplace oulside of the carlng role. Flnanclal revlew The end of the year saw a deficit of £22.730 {2023 - £10,6S2 deficit). The principal funding sources were: st H81ens Council I St Helens CCG Th8 Big Lottery The Trustees are extremely grateful lo all those who have provided funding either directty or via donations. The Charity is onty ab18 to pmvide excellent support to Carers thanks to the funding it receives. At the end of the year, the charity had restricted funds of £4,695 (2023 - £12,844). The freely available resep4es of the Charity decr8as8d by £212,406 and tolalled £368,827 (2023 - £581,233).
ST HELENS CARERS CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Reserves policy The Trustees have established a policy that th8 Charity should aim to retain unrestricted reserves that will cover between three to six months of annual exp8nditur8. The unrestricted reseNes as at 31 March 2024 were £566,652 (2023 - £581.2331 against unrestricted expenditure of £888,64812023 - £880,536). The Charity's free reserves as at 31 March 2024 were £368.827 <2023 - £529,667). as shown in note 21 of the audited aounts, and cover over three months of direct charitable expenditure. Reserves are held to COV8r any d81ay in receiving fijnding Income whi15t allowing the normal business opeRtion of the Charity to continue. In addition the Charity retains reserves to cover possible redundancy payments should the Charity have to reduce the size of operation. Investment pollcy The Truste8s whilst retaining thelr cautlous approach to investments have authorised that any surplus funds can be deposi18d in a suitable interest bearing bank or building society. This approach is revisited at least annually to ensure that maximum returns are being achieved for tha Charity. Risk management Th8 Trustees have a risk management strategy in place and have established systems and procadure$ designed to reduce or eliminate any risks identified. On an annual basis the Trustees assess the rlsks lo whlch the Charlty Is exposed, In particular thos6 ralated to the operalions and finance of the organisalion. Plans for future p•rfodg Thg Tru$ts•8 have idontified the followlng plano for the ¢omlng year To ensur8 our service remains accessible to 811 Carors throughout St Helens and 8nsur8 the $8rvice we provide reflects the ne8ds of local Carers. To extend our free Holistic Therapy sessions for Carers as additional respile opportunities. To investigat8 new ways of supporting Carers through tho statutory ass8ssment proces8. To develop a new Servi for Young Adult Carers. so those Carers aged between 18 and 25 have an Improved seamless transttlon Into adullhood. To work with our Statutory partners to develop a new Carer8 Strategy and Partnership Board for the borough of St Helen5. To continue to protect and diversify our funding base
ST HELENS CARERS CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, governance and management The Charity is controlled by its governing document, the Memorandum and Articles of Association, and conslitutes a limited company, limited by guarantee. as defined by the CompaniesAct 2006. The company was registered as a charity by the Charity Commission for all purposes on 5 December 2001 (Certificate number: 1089663). The Trust8es, who ar8 also th8 directors for th8 purpos8 of company law, and who S8Died during the year and up to the date of signature of the financial statements were A E Sisson G FAlmond T A Butler D M Chamock E J Dearden MBE DL J B Sheffield Appoinlrnent of Trustees The Trustee Board is made up of beihNeen three and nine members. They a elected from members at the Annual General Meeting held each year, The Trustee8 may at any time co-opt any person duly qualified to be appointed as a Trustee to fill a vacancy in their number or as an additional Trustee, but a c04)pted Trustee holds office only until the next AGM. One third (or the number nearest to one triird) of the Trustees must retire each year, those longest in the office retiring first and the choice beeen and of equal $8rvic8 bèing made by drawing lots. Thcse who retire are 81igibl8 for r&election at the next Annual General Meeting, None of the Trustees has any beneficial inleresl in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Organisational structure Th8 Charitable Company is govgmed by ils Memorandum and Articles of Association, and the Board of Trustees administers the Charity. The full Board meets monthly. The Charfty Is requlred to provlde monitorlng Inforniation to Its fund8rs Including St Helens Councll and other granl making bodi8s. This information comprises fiscal, quality and servic8 standards monitoring information. The Board employ paid staff including the Chief Exe¢)Jtive who is responsible for the day to day mana9emenl of the Charty and reports direct to the Board of Trustees. Key management remunerallon The trustees appoint four members to an executive panel - this panel reviews the pay and remuneration of all staff and make5 recommendations to the full Board of Twstses. When deciding remuneration of key management, Trustees consider: the purpose, aims and values of the Charity and ils b•neficiari•s' neod$ how this affects pay policies for all employees, and for the senior staff in particular, including whether a lower rate of pay compared to similar roles in other s8clors is appropriate how pay is linked to the skills, 8xperience and competenci8s that th8 Charity needs from its senior staff and tha scope of their roles the Charity's current business plan and how implementing it may affect the number of senior staff the Charity needs to employ or recruit. and the nature of those roles the Charis abilty to pay, iw)cluding th8 benefit to the Charity that such positions will bring
ST HELENS CARERS CENTRE LIMITED TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Fundraising Strategles The Trustees are committed to using bast practise In fundraising for the organisalion and monitor all fundraislng to ensure this takes place. The Trusle8s do not usé extèmal fundraising organisalions or individuals for fundraising. Relatlonship with The Carars Trust The Charity is a NeOrk Membef of tha Carers Trust throughout a netwot1( agrèemént. The Car&rs Tnjsl provide national and regional information. advise. support and publicity- The Charity fetains ils own identity with regard to poIiGies, procedures. contracts and responsibility for generating income, govemance and management. Auditor In accordance with Ihe company's articles, a resolution proposing that Xeinadln Audit Llmlted be reappointed as auditor of the company will be put al a General Meeting. Disclosure ol infomiation to audltor Each of the Trustees has confirmed Ihal there is no inlomalion of which Ihey are aware which is relevant lo the audit. bul of which the auditor is unaware. They have further confirmed that they have taken appropfl8le steps lo identify such relevant information and lo eslablish Ihal the auditor is aware of such infomialion. The Trusl£es' rgport Was approved by the Board of Trusleas. E J Dearden MBE DL Trustoo Date..
ST HELENS CARERS CENTRE LIMITED STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees, who ar8 also the direclors of St Helens Carers Centre Limited for the purpose of company law. are responsible for preparing the Trustees, R8POrt and the financial statements in a¢¢ordan¢e with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming r8sourc8s and application of resources. including the incom8 and expenditure, of the charitable compary for that year. In preparing these financial statements, the Trustees are required lo- select suitable accounting policies and then appty them consistenuy., observ8 th8 m8thods and prin(xples in the Charities SORP; mak8 judg8m8nts and estimates that are reasonable and prudent., an<t prepare the financial statements on the going concem basis unless it is inappropriate to presume that the Charity will Continue in operation. The Trust88s ar8 r8sponslble for keeplng adequate accounting COrdS that di$¢lose with reasonable accuracy at any tima the financial position of th8 Charity and 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 hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities.
ST HELENS CARERS CENTRE LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST HELENS CARERS CENTRE LIMITED Oplnlon We have audited the financial staternents of St Helens Carers Centre Limited (the 'Charty') for the year ended 31 March 2024 which compris8 the statem8nt of financial activities, the balan sheèt, the statement of cash flows and notes to the financial statements. including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicablg in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting PractiC81. In our opinion, the financial statemants.. give a true and fair vlew of the slate of the charitable ¢ompanVs affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditur8, for the year then end8d", have been properly pPared in a¢¢ordan¢a with Unitod Kingdom Generally Accepted Accounting Practica., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our iesponsibililies under those standards are further described in the Auditoffs rgsponsitslities for the audit of the fjnanGial stat8ment3 section of our report. We are independent of the Charity in acccrdance with the ethical requirem8nts that are rel8vant to our audit of th8 financial statements in the UK. including the FRC'S Ethical Standard, and we have fvlfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have oblained is sufficient and appropriate to provide a basis for our opinion. Concluslons rolatlng to golng concern In auditing the finan¢i81 statements. we have concluded that the Trustees, use of the going concern basis of accounling in the preparation of the financial 8tatemenls is appropriale. Based on the work we have perfom)ed, we have not identified any material uncertainties relating to events or Conditions that, individually cr collectively, may cast Signifant doubt on the Charitys ability to ntinUe as a going concern for a period of al least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to golng conrn are described in the relevant sections of this report. othor information The other information comprises the informalion included in the annual report other than the financial statements and our auditors report thereon. The Trustees are responsible for the other information contained wilhin the annual report. Our opinion on the financial statements does not cover the other information and. except to the extent otheiSe explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other infomiation 15 materially inconsistent with the financial statements or our knowledg8 obtained in the course of the audit. or otherwise appears to b8 materially misstated. If we identify such material inconsistencies or apparent material misstatements. W8 ale required to determine whether this gives rise to a material misstatement in the financial statements Ihemselve5.1f. based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in this regard. Opinions on other mattsrs prescribod by the Companles Act 2006 In our opinion. based on the work undertaken in the course ofour audit.. the information given in the Trustees, report for the financial year for which the financial slatements aio prepared, which includes the directors, report prepared for the purposes of company law, is consistent with the financial statem8nts', and th8 directors, report included rithin th8 Trust88s' r8POrt has been prepared in accordance with applicable legal requiremenls.
ST HELENS CARERS CENTRE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF ST HELENS CARERS CENTRE LIMITED Mattors on which we are requlred to report by exception In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit. we have not identified material misstatements in the directors. report included within the Trustees, report. We hav8 nothing to r8POrt in respect of the following matters in lation to which the Companies Act 2006 requires us to report to you rf. in our opinion: adequate ae£ounting records have not been kept. or returns adequate for our audit have not been received from branches not visited by us- or the financial stat8m8nts ai8 not in agreernent with the accounting records and retums,. or certain disclosures of trustees. remuneration specified by law are not made: or we have not received all the information and explanations we require for our audit., or the TIu5tee5 were not entitled to prepare the financial stslements In accordance with the small cornpanles regirne and take advantage of the small companies, exemptions in pr8paring th8 Trustees. report and from the requirement to prepare a slrategic report. Re5ponsibllitio5 of Trustses As explained more fully in the statement of Trustees. responsibilili85, th8 Trustees, who are also the directors of the Charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisf18d that they giv8 a true and fair view, and for such internal control as the Trustees determine is neSSary to enable the pi8paration of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Charity's ability to ¢ontinu8 a5 a going concern. disclosing, as applicable, matters related to going concem and using the going conc8rn basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations. 01 have no realistic allemalive but to do 80. AudttorfB responslbllltlu for thg audlt of the flnan¢lal statsments Our objectives are to obtain reasonable assuranc4 about whether the financi21 statemenls as a whola are free from material misstatement, whether due to fraud or error, and to issue an audilols report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will aayS detect a material mis5talemenl when it exist6. Misstatements can arisa from fraud or error and ar8 consid8r8d matarial if, individually or in the aggregate, they could r6asonabty be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent lo which our procedures are capable of detecting irregularitie8, Includlng fraud, Ss detslled below. Our approach to identifying and assessing the risks of material misstst8ment in respect of irregularities, induding fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectN8ly had thè appropriate competen, capabilities and skills to identify or recognise nonucompliance with applicable laws and regulations,. we identified th8 laws and regulations applicable to the company through discussions with directors and olher management, and frorn our commercial knowledge and experience of the industry seclor: Wg focused on specific laws and regulations which we considered may have a direct material effect on the rinancial statemen15 or the operations of Ihe company, including th8 Companies Act 2006. taxation 18gislation and data protection, anli-bribery. employment, environmental and health and safety legislation. W8 assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal corresponden¢e-, and identified laws and regulations were communicated within Ihe audit team regularly and the team remain8d a18rt to instances of non-compliance throughout th8 audit. We assessed the susceptibility of the company's financial statements to material rnisstslement, including obtaining an understanding of how fraud might occur, by: making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud- and considering the inlernal ntrOl$ in place lo mitigate risks of fraud and non-compliance with laws and regulations.
ST HELENS CARERS CENTRE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF ST HELENS CARERS CENTRE LIMITED To address the risk of fraud through management bias and override of controls. we.. performed anatytical procedure5 to identify any unusual or unexpected relation5hip3', tested joumal entries to identify unusual transactions., ass8SS8d whether judgements and assumptions made in delem)ining the a¢(x)unting estimates were indicativa of potential bias; and investigated the rationale behind significant or unusual transaclions. In response to the risk of irregularities and non-compliana8 with laws and regulations. we designed pmcedures which included. but were not limited to: agreeing financial stat8m8nt di8dosur88 to underlying supporling documentation: • enquiring of management as lo actual and potential litigation and claims- and reviewing correspondence with HMRC and relevant regulators. There are inherent limttations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-complianc8. Audtting standards also limit the audit procedures required to identify nonacompliance with laws and regulations to enquiry of the dir8Ctors and other manag8ment and the inspection of regulatory and legal Corresponden, if any. Material misstatements that arise due to fraud can b8 hard8r lo d8tect than those that arise from emr as they may involv8 deliberate concealment or collusion. A further description of our responsibilities is available on the Financial Reportlng Council's websit• at.. https.'Il vwMv.frc.org.uklauditorsresponsibilities. This description forms part of our auditof$ report. Use ol our report This report is made Solely lo the Charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies A¢t 2006. Our audit work has been undertaken so that we might Stale to the charitable companys members Ihose matters we are required lo state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assum8 responsibility to anyon& other than the charitable company and the charitable company's membets a$ a body, for our audit work, for this report. or far the opinions we have fomied. Helèn Furlong FCCA (Senior Statutory Auditor) For and on behalf of Xeinadin Audit Limited, Statutory Auditor Chartered Accountants 48 Hamilton Square Birkenhead Wirral Merseyside CH415AR Date.. ..ia...iTr: IL¥.
ST HELENS CARERS CENTRE LIMITED STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 AIARCH 2024 Unrestrictsd Restrlcted funds funds 2024 2024 Totsl Unre6trlcted Re8trlcted funds funds 2023 2023 Total 2024 2023 Note8 Income from". Donations and legacies Charitable activities Other trading activities Investments 22,515 853,8Q4 8,842 1,031 37,152 59,667 411,642 1,265,446 8,842 1,031 18,684 840,124 10,044 247 53,427 70.111 344,283 1,184,407 10,044 247 Total income 888.192 448,794 1.334,986 867,099 397,710 1,264,809 Expenditure on: Raising funds Charitable actwities 4.907 883,741 2,827 466,241 7.734 1,349,982 5.529 875,007 2,500 8.029 392,485 1,287,472 Total exponditurg 888,648 469,068 1.357.716 880,536 394,985 1.275,501 Net expendlture (2,456) (20,274) (22,730) {13,43n 2,745 (10,692) Transfers between funds (12,125) 12.125 2,875 {2,875) Net mov•m•nt in fund¥ 10 (14,581) (8.149) (22,730) (10,762) 70 (10,692} Reconciliation of funds: Fund balances at 1 April 2023 581,233 12,844 594,077 591,995 12,774 804,769 Fund balances at 31 March 2024 566,852 4.695 571,347 581,233 12.844 594,077 Th8 Statement of financial activiti&s includes all gains and10s8es recognised in the year. All Income and expenditure derive from continuing activities. 10-
ST HELENS CARERS CENTRE LIMITED BALANCE SHEET ASAT 31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 14 197,825 Current assets Deblors Cash al bank and in hand 15 39,370 419,741 111,949 587,262 459,111 699.211 Creditors.. amounts lalling due within one year 16 185,5891 (105,1341 Net current assets 373,522 594,077 Total asset8 less eurrent liabllitles 571.347 594.077 Th• funds of the Charlty Reslricled income funds Unrestri¢led funds 19 20 4,695 566.652 12,844 581,233 571,347 394,077 The financial statements wère approved by tha Truslees on 12 December 2024 E J Dearden MBE DL Trustee Company regislralSon number 04203210 (England and Wales) 11
ST HELENS CARERS CENTRE LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flov from operatlng actlvltleg Cash generated froml(absorbed by) operations 23 29,273 {29,043} Investing activitias Purchase of tangible fixed assets Inv6slm8nt income received (197,825) 1,031 247 Net cash (used In)Igeneratsd from Investing activities (196,794) 247 Net cash generated from flnanclng activiti08 Net decrease In cash and cash •quivalonts (167,521) (28,798} Cash and cash equivalent5 at beginning of year 587,262 616,058 Cash and cash equlvalents at end of year 419,741 587,262 12-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charfty Inforniatlon Sl Helens Carers Centre Limited is a private company limited by guarantee incorporated in England and Wales. The registered Offi Is 31-35 Baldwin Street, st Helens, Merseyside, WA10 2RS. 1.1 Accounting conventlon The financial statements have been propared in accordance with the Charity's governing document, the Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ir81and" and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicab18 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. The Charity is a Public Benefit Entity as defined by FRS 102. The financial statem8nts are prepad In sterllng. which is the functional currency of the Charty. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the hlstorlcal cost convention. The principal accounting pollcles adopted are set out below. 1.2 Golng concern At the time of approvlng the ffinancial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continu8 in operational existence for the fOSeeable futur•. Thus thé Trustees conllnue to adopt the going concem basis of accounting in preparing the financial glatements. 1.3 Charftabl• funds Unrestricted funds are available for use at the discretion of thg Trustees in furtherance of thair charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. Th8 purpos8s and uses of the restricted funds are set oul in the notes to the financial statements. Endowrnent funds are subject to specific conditlons by donors that the capital must be maintained by the 1.4 Incomg Income is recognlsed when the Charity 1$ legalty entitled lo il after any performance condilions have been met. the amounts can be measured reliabty, and it is probable that income will be received. Cash donations are recognised on receipl. Other donations ar8 r8cognis8d once the Charity has been notified of th8 donation, unless perfonnance conditions require deferral of the amounl. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant 15 recognised at the time of the donation. L8gaci8s are recognised on receipt or olherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 13-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢Gounting pollcles {Continued) 1.5 Expendlture Exp6nditur8 is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in 59tt1emenl, and the amount of the obligation can be measured reliably. Expenditure is classifi8d by a1VIty. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activty are allocated directly to that activity. Shared costs which contribute to more than one activity and 8UPPOrt costs which are not attributable to a single activity are apportioned b@een those activities on a basis consistent with the use of resourc&s. C8nlral staff costs are allocalad on the basis of time spent. and d8preciation charges are allocated on the portion of the asset's use. Support cost5 are those that that as$lst the work of the charity but are not dirtty attributable to the charitable activities. Support costs include office costs, administrative payroll costs and governanca costs which support the charity's activities. Where the support costs cannot ba attributable to a direct activity they have been allocated to the costs of raising funds and charitable activities on a pro-rata ba8iS. Govemance c05t5 represent costs assoclatsd wlth meetlng the conslitulional and statutory requirements of the Gharity and indude the audit fees and costs linked to the strategic managoment of the charity. 1.6 Ton9ible fixed asBets Tangible fixed assets are initially measured at cost and subsequently measurgd at cost or valuation, net of depreclatlon and any Impalrment losses. Depreciation is recognised so as to wrlte off the cost or valuatlon of assets less thair residual values over their Useful lives on the following bases: Freehold propety Plant and equipment Comput8rs 20h straight lin8 200h straight lin8 339A straight line Freehold land Is not depcIated. The gain or loss arising on the disposal of an asset Is determlned as the dlfference belw8en the sale proceeds and the carrying value of the asset, and is recognised in tha statement of financi81 activities. 1.7 Impaimient of fixed assets At each reporting end dale, the Charity revlèws the carrylng amounts of its tangible assets to detemiine wh8ther there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimaled in order to determine the extent of Ihe impairment loss (if any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid inveslments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 14-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDY FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcies (Continued) 1.9 Financlal Instrumonts The Charity has eleded to apply the provisions of Section 11 '8asic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are reCgnis8d in the Charity's balance sheet when the Charty becomes paty to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial stataments. when there is a legally enforceable right to set off the recognised amounts and ther& is an intention to settle on a net basis or to realise the asset and settle the liability simultaneousty. Basic finan¢i414$s•ts Basic financial assets, which indude debtors and cash and bank balances, are initially measured at transaction price induding transaction costs and are subsequently carried at amortised cost using the effective inl8iest method unless the arrangement constitutes a financing transaction, where the transaction Is measured at the present value of the future receipts discounted at a market rate of inter8St. Financial assets classified as receivable within one year are not amortlS8d. Basie financial liabiliti•s Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortlsed. Debt instrumanls are subs8quently carried at amortised cost, uslng the effective interest rate method. Trade creditor5 are obligations to pay for goods or servi$ that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one year or less. If not, they are pres8nt&d as non-current liabilitie$. Trade Creditors are recognised initially at transaction pric8 and subsequently measured al amortised cost using the effeclive interest method, Dern¢ogniti"on of flnanclal Ilabllltles Financial liabilities are derecognised when the Charity's contractual obligations expire or are distharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitloment is cOgnised in the period in which the employee's services are received. Temilnatlon benefts are recognlsed immediately as an expense when the Charity is demonstrably committed to lerminate the 8mployment of an employee or to provlde termination benefits. 1.11 Retlrement beneflts Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due. 15-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Crftlcal accounting estlmates and judgomonts In the application of Ihe Charity's accounting pclicies, the Trustees are required to make judgements, estimates and assumption5 about the carrying amount of ass8ts and liabilities that are not readily apparent from other sources. The estimates and associaled assumptions are based on histortCAI experience and other factors that ar8 considered to be relevant. Adual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimates are recognised in the period in which the estimate is revised wh8re the revision affects onty that period, or in the period of the revision and futur8 Periods where the revision affects both current and future perfods. Incom• from donations and legacle$ Unregtrict•d Restrfcted funds funds 2024 2024 Totsl Unreslricted Restricted funds funds 2023 2023 Total 2024 2023 Donations Fundraising 19.381 3,134 21,375 15.777 40.756 18,911 14,969 1,715 20,472 32,955 35,441 34,870 22,515 37,152 59,887 18,884 53,427 70,111 The Trustees are extremely gralaful for the granls, fundraising and donations received from: Ashton Golf Club Captain G Pennington, Churchill Support SeNi¢es. Du¢hy of Lancaster Benevolent Fund. Enterprise Credit Union, GW Law Ltd, Mortgage Guarantee Lld, Providence Hospital Endowment Fund, Radio City Cash For Kids, Ready Steady Oowns, Rotary Club - Rainhlll, Rotary Club - Sl Helens, St Helens Charitable Trust, St Helen5 & Prescot Freemason5, St Helens Ladies NFU, St Helens Rambling Club, Tesco Community Fund, United Refomi Church and all the individual and anonymous donors. Incom• from charitable actfvltlo8 Unrestrlctèd Ro$trictod funds funds 2024 2024 Total Unr•$tri¢ted Restrfcted funds funds 2023 2023 Total 2024 2023 Adult Carer3 Performance related grants 853.804 8.750 882,554 840.124 17.282 857,406 Young Carer¥ Perforrnance related grants 276.007 276,007 219.009 219,009 Personal Budgets & Breaks Performance related grants 126.885 126,885 107,992 107.992 853.804 411,642 1,265,446 840,124 344,283 1,184.407 16-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charitabla activities {Continued> Perfomwncg rolated grants analysls Adult C•r•rn Young Caro P•rsonal BLtdgots & Broa Total 2024 2024 2024 2024 The Big Lottery st Helens Council PH Holt Departm8nt of Education Triangle Trust John Moores Foundation Carers Trust 103,132 125,603 10,000 103,132 1.073,292 10,000 8,750 29.500 7,772 33.000 820,804 126.885 8,750 29,500 7,772 33,000 862,554 276,007 126,885 1,265.448 For the year ended 31 March 2023 Adult Carorn Young Carnrn Pernonal Budgots & Breaks 2023 Total 2023 2023 2023 The Big Lottery St Helens Council PH Holt Department of Educaticn Trlangle Trust 100,975 93,498 4,536 100,975 1,041,614 4,536 17,282 20,000 840,124 107,992 17,282 20,000 857,406 219.009 107.992 1,184,407 Income from other trading a¢tiviti99 Unrestrlcted Unrestrlcted fund$ funds 2024 2023 Lottery Income 8,842 10,044 17-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from invostments Unrostrictod Unre$trict•d funds funds 2024 2023 Interest CeiVable 1,031 247 Expendlturo on ralslng funds Unrestrlcted Re9tri¢tsd funds fund8 2024 2024 Total Unrestrlcted Restrlcted funds fundg 2023 2023 Total 2024 2023 Fundralslng and publlclty Lott8ry Costs and prize money Fundraising cost$ 4,750 157 4,750 2,984 5,365 5,385 2,664 2,827 2,500 4,907 2,827 7,734 5,529 2,500 8,029 Expendlture on charltablo a¢bvitio• Adult Carnrn Young Carers Personal Budgel & Breaks 2024 Totsl 2024 2024 2024 Dlrect Cogts Staff costs Motor and travel cosls Premises costs G8neral and administrativ8 Costs 629.141 1,280 54,723 117,585 232,865 1,439 20,610 46,274 882,006 2,719 75,333 289,044 125,205 802,709 301,188 125,205 1,229,102 Share of support and govomance costs1580 note 91 Support Govemance 83,449 4,829 30,770 1,832 114,219 6,661 890,987 333,790 125,205 1,349,982 Analysis by fund Unrestiicted funds Restricted funds 883.741 7,246 883,741 466,241 333.790 125,205 890,987 333.790 125.205 1.349.982 18-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on charitable a¢tivitios (Continuèd) For the year ended 31 Mar¢h 2023 Adult Carers Young Carers Personal Budget & Breaks 2023 Tolal 2023 2023 2023 Dlrect costs Staff costs Depreciation and imp8irment Motor and travel cos15 Premises costs General and administrative costs 605,499 192.445 797,944 886 55,491 135,350 478 15,810 33,047 1,364 71,101 275,889 107,492 797,226 241,580 107,492 1.146,298 Share of support and govarnanco costs (see note 9) Support Govemance 86,962 5.476 27,018 1,718 113,980 7,194 889,664 270,318 107,492 1,287,472 Anatysls by fund Unrestricted funds Restricted funds 875,007 14,657 875,007 392,465 270,318 107.492 889,864 270,316 107,492 1,267,472 19-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support Costs allocated to actlvltles 2024 2023 Staff costs Staff training Tiaval Rent Light Premises deaning Premises insurance Premises repairs Equipment General insurances Postage 94,715 600 299 5,800 1,810 570 197 467 555 390 1,294 2,052 1,980 853 542 2,096 6,660 94,611 375 162 5,692 1,516 452 106 664 587 397 1,370 2,081 2,873 602 454 2,058 7,194 stallonery Subscriptions Sundry Telephone GovemanGe Gosts 120.880 121,174 Analysod b•tweon: Unrestricted funds Restricted funds 88,278 32.602 92,438 28,736 120,880 121,174 2024 2023 Govemance costs comprise: Audit fees Accountancy 4,680 1,980 4,500 2,694 6,660 7,194 10 Net movement In funds 2024 2023 The net movement in funds is stated after chargingl(crediting}'. Fees payable ta the charivs auditor.. for the audit of the charivs financial statements for other financial seNices 4,680 1,980 4,680 1,980 -20-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Trustees Non8 of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during th8 year. There were no Irustees, remuneration pald or olher benefits for the year ended 31 March 2024 nor for the year 8nd8d 31 March 2023. There were no reimbursed travel expenses paid for the year ended 31 March 2024. There were reimbursed travel expenses paid for the year ended 31 March 2023 totalling £64.80. 12 Employoes The average monthly number of employees during the year was: 2024 Number 2023 Number Management Office and adminislralion Support workers 25 24 Total 33 29 Employm•nt ¢0gts 2024 2023 Wages and salaries Social security costs Other pension costs 865,665 72,400 18,656 804,989 69,914 17,652 958,721 892,555 The number of employees whose annual remuneration was more than £80,000 is as follows.. 2024 Number 2023 Number £60,000 to £70.000 £70,000 to £80,000 Romuneratlon of key management personnel The remuneration of key management personnel was as follows.. 2024 2023 Aggregate compensation 186,492 189.082 The key management personn81 of th& charity comprise the Chief Executive, Finance Manager and Operations Manager. 21
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Taxatlon The charty is exempt from taxation on its activities because all its income is applied for charitsble purposes. 14 Tanglble flxed assots Fr00hold property Plant and equlpment Computsr3 Cost Al 1 April 2023 Additions 199 1,764 1,983 197,825 197,825 At 31 March 2024 197.825 199 1,764 199,788 Depreclatlon and impaimiant At 1 April 2023 199 1.764 1,983 At 31 March 2024 199 1,764 1,963 Carylng amount At 31 March 2024 197.825 197,825 1S Debtor5 2024 2023 Amounts falllng due wlthln on0 year: Prepaymonts and accrugd income 39,370 111,949 16 Credltorn: amounts falllng due wlthin one year 2024 2023 Notes Other taxation and social security Deferrad income Trade creditors Other creditors Accruals 18.933 7.845 39,319 12,177 7,315 17,029 40,772 28.913 11,105 7,315 17 85,589 105,134 17 Deferred Income 2024 2023 Other deferred income 7,845 40.772 Deferred income is in¢luded in the financial statemenls as follows: -22-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Deferred Income (Contlnued) 2024 2023 Deferred income is included within: Current liabilities 7,845 40,772 Movemènts in the year.. Deferred Income at 1 April 2023 Released from previous periods Resources deferred In the year 40,772 {40,772) 7,845 40,772 Dofarred incoma at 31 March 2024 7,845 40.772 18 Retlrement beneflt sehemes 2024 2023 Deflned contribution ¥chemes Charge to profft or loss in raspact of defined contribution schemes 18.856 17,652 19 Restrlcted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust 8ubJe¢t to $peGifiG conditions by donors as to how they may be used. At 1 April 2023 Incoming R•$our¢o9 r•sour¢o$ Oxponded Trdnsforn At 31 March 2024 Young Carers Service Carer Breaks Pant ParticipalSon 8,107 3,017 1,720 313,159 126,885 8,750 (339,3521 (125,2071 (4,5091 18,088 4,695 (5,961) 12,844 448,794 (469,088) 12,125 4,895 Prevlous year: At 1 April 2022 Incoming Resources resource8 èxpended Trdnsfers At 31 March 2023 Young Carers Service Carer Breaks Parent Participation 8,488 2,51S 1,770 272,435 107.993 17,282 1272,816) (107.492) (14,657) 8,107 3,017 1,720 (2,675) 12,774 397,710 (394,965) (2,675) 12,844
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Rostri¢tod funds (Continuad) Purposes and restrictions in relation to the restricted funds: Youn Cara ervice Young Carer5 Service is a dedicated young carers centre which offers support, advlce and leisu opportunities to young ¢arer5 beteen the ages of 8 and 18 to support them in their caring role. Carer Breaks Th8 Carer Breaks Fund allows for carers to tak8 a personalised break through a direGt payment. The break is usually in the range of £50 to £250 and is awarded based on Ihe impact of the caring role on the carer, The Carer Breaks Fund also allows for group breaks organised by the centre for those rerS not eligible for an individual break fund payfflent. Paren ation Parent PartiGipalion funding is received from the Oepartment of Education to give parent carers a voice in the development of $orvi¢es for disabled children locally. The funding is available for the development of a parent carer forum and training to enable and encourage parent Garer to become involved at all levels of decision making. 20 Unr•gtrictod funds The unrestrict8d fund6 Of the tharity comprise the unexpend8d balances of donations and grants whlch are not subject to SP8cific conditions by donors and grantoi$ as to how they may be used. These include designatad fvnds which have been set aside out of unrestricted fund8 by the trustees for specific purp088s. At 1 Aprll 2023 Incomlng Rosourc•8 resources ¢xp•nd•d Transfers At 31 March 2024 Covid related expenditure Car8rs events Holistic therapies General funds 6.430 10,136 35.DOO 529,667 (6,430) (10.136) (35.000) 39.441 886,192 (888,648) 566.652 581,233 888,192 (888,648) (12,125) 566,652 Prgvious year: At 1 Aprll 2022 Incomlng resources Resources expended Trnn$f•rs At 31 March 2023 Covid related expenditure Cloud based client database Refutbishment Carer events Young carer post Holistic th8rapies General funds 10,000 10,000 8,500 20,000 28,000 (3,570) (9,114) (8,942) (9,864) 6,430 (886) 442 10,136 (28.000) 35.000 (3,881} 35,000 529.667 515.495 867,099 (849,046) 591,995 867.099 {880,536) 2.675 581,233 -24-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Unrestrfctsd funds (Continued) Purpose5 and restrictions in relation to the designated funds: Covid related expenditure - to ensure the service can continue working safely. Cloud-ba5ed client database system- to enable further home working arrangements when necessary. Refurt)i$hment- to updat8 our client reception and signage. Carer events - lo hold ¢arer evenl$ that were postponad in the 2020121 year. Holislic therapies- to enable the charty to provide a trial of free respite sessions to unpaid carers. 21 Analysig of not a990ts botseon fundg Unre8trict•d fund$ 2D24 Rèstricted fund8 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsl(liabililies> 197,825 368,827 197,825 373,522 4,695 566.652 4,696 571,347 Unrestrfcted fundg 2023 Re9tri¢ted fund$ 2023 Totsl 2023 At 31 March 2023: Current assetsl(liabilities> 581,233 12,844 594,077 581.233 12,844 594,077 22 Related party trnn8actlons For the y$ar ended 31 St March 2024, a £200 carers grant was awarded to one of the trustees. (2023 - There were no disdosable related party transactions) -25-
ST HELENS CARERS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 23 Cash gonorntod froml(absorbod byl oporations 2024 2023 Deficit for the year (22,730) (10,692) Adjustments for: Investment income recogni5ed in statement of financial activities (1.031) (24n Movements in working capital: Decreasel(increase) in debtors Increase in creditors (Decrease)fincrease In deferred Income 72,579 13,382 132.S271 {69,71n 10.841 40.772 Cash generated fromllabgorbed by) operatlon9 29,273 (29,043) 24 Analysis of ¢hang•$ in n•t fundg The Charity had no materlal debt during the year. -26-