| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 8 |
| Report ofthe Independent Auditors |
9 | to | 11 |
| Statement ofFinancial Activities | 12 | ||
| Balance Sheet | 13 | ||
| Cash Flow Statement | 14 | ||
| Notes to the Cash Flow Statement | 15 | ||
| Notes to the Financial Statements | 16 | to | 27 |
| TRUSTEES | P Winterbottom | P Winterbottom | (chair) | (chair) | |
|---|---|---|---|---|---|
| RParish | |||||
| M Clifford | |||||
| R Smith | |||||
| A Decks | |||||
| P Gorf (resigned | 19/09/2022) | ||||
| COMPANY SECRETARY | P Gorf (resigned | 19/09/2022) | |||
| KEYMANAGEMENT | PERSONNEL | E Semadeni | |||
| H Gill | |||||
| S Gillestue | |||||
| M Hitchings | |||||
| REGISTERED OFFICE | 7 Twigworlh | Court | Business Centre | ||
| Twigworth | |||||
| Gloucester | |||||
| Gloucestershire | |||||
| GL2 9PG | |||||
| REGISTERED COMPANY NUMBER | 03458723 (England | and Wales) | |||
| REGISTERED CHARITY NUMBER | 1090289 |
| AUDITORS | Haines Watts Birmingham | Haines Watts Birmingham | LLP |
|---|---|---|---|
| 5 —6 Greenfietd | Crescent | ||
| Edgbaston | |||
| Birmingham | |||
| B153BE |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | I'unde | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
88,381 | 1,391 | 89,772 | 101,592 | ||
| Charitable activities |
||||||
| Support and activities | for young carers | 456,068 | 457,016 | 913,084 | 765,247 | |
| Other trading activities | 1,836 | 1,836 | 116 | |||
| Investment income |
709 | 709 | 1 719 | |||
| Total | 546,994 | 458,407 | 1,005,401 | 868,674 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 6 | (7,753) | (7,753) | (6,247) | ||
| Charitable activities |
7 | |||||
| Support and activities | for young carers | (450,148) | (237,086) | (687,234) | (586,308) | |
| Total | (457,901) | (237,086) | (694,987) | (592,555) | ||
| NET INCOME | 89,093 | 221,321 | 310,414 | 276,119 | ||
| Transfers between funds |
19 | ~l 000) | 1 000 | |||
| Net movement in funds |
88,093 | 222,321 | 310,414 | 276,119 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 506,965 | 124,462 | 631,427 | 355,308 | |
| TOTAL FUNDS CARRIED FORWARD | 595,058 | 346,783 | ~941 841 | ~631427 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets |
15 | 15,843 | 15,843 | 13,539 | |
| CURRENT ASSETS | |||||
| Debtors | 16 | 152,432 | 152,432 | 45,574 | |
| Cash at bank and in hand | ~467 237 | 346 783 | 814020 | 597,568 | |
| 619,669 | 346,783 | 966,452 | 643,142 | ||
| CURRENT LIABILITIES | |||||
| Creditors | 17 | (40,454) | (40,454) | (25,254) | |
| NET CURRENT ASSETS | 579,215 | ~346 783 | 925 998 | ~617888 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 595,058 | 346,783 | 941,841 | 631,427 | |
| NET ASSETS | ~595 058 | 346,783 | ~941 841 | 631,427 | |
| FUNDS | 19 | ||||
| Unrestricted funds |
595,058 | 506,965 | |||
| Resndcted funds |
~346 783 | ~124462 | |||
| TOTAL FUNDS | 941,841 | 631,427 |
| 2022 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Notes | f | f | ||||
| Cash flows from operaitng | activities | |||||
| Cash generated &om operations |
~221 | 994 | 296 964 | |||
| Net cash provided by/(used |
in) operating activities |
221,994 | ~296 964 | |||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed assets |
(6,251) | (12,755) | ||||
| Interest received | 709 | I 719 | ||||
| Net cash (used in)/provided | by investing | activities | ~5542) | ~II 036) | ||
| Change in cash and cash equivalents | in the | |||||
| reporting period |
216,452 | 285,928 | ||||
| Cash and cash equivalents | at the beginning | of | ||||
| the reporting period |
~597 | 568 | ~311 640 | |||
| Cash and cash equivalents | at the end | ofthe | ||||
| reporting period |
~814 | 020 | ~597 568 |
| RECONCILIATION | RECONCILIATION | RECONCILIATION | OF NET INCOME TO NET CASH | OF NET INCOME TO NET CASH | FLOW FROM OPERATING AC~S | |
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 6 | ||||||
| Net income | for the | reporting | period (as per the Statement | ofFinancial | ||
| Activities) | 310,414 | 276,119 | ||||
| Adjustments | for: | |||||
| Depreciation | charges | 3,947 | 1,907 | |||
| Interest received | (709) | (1,719) | ||||
| Decrease/(increase) | in | debtors | (106,858) | 36,165 | ||
| Decrease in | creditors | ~15200 | ~15508) | |||
| Net cash provided | by/(used | in) operations | ~221 994 | ~296 964 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| fundsf | funds f |
2022 f |
2021 f. |
|||
| The Helen Foundation | donations | 300 | 300 | 275 | ||
| Mid-Counties Co-Operative |
donations | 1,091 | 1,091 | 1,124 | ||
| Other donations | 85,317 | 85,317 | 80,888 | |||
| HMRC tax rebate | 3,064 | 3,064 | 9,523 | |||
| Other grants | 9,782 | |||||
| 88 381 | 1391 | 89 772 | 101t92 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| fundsf | funds | 2022 f |
2021 | ||
| Book | sales | 1,836 | 1,836 | 31 | |
| Room | hire | 85 | |||
| 1836 | 1836 | 116 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds f |
fundsI | 2022 | 2021 | ||||
| Deposit account interest | 709 | 709 | 1,719 | ||||
| 709 | 709 | 1,719 | |||||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | fundsf | 2022 8 |
2021 f |
||||
| Support and activities | for young carers | ||||||
| Grant income | 456068 | 457016 | 913084 | ~765 247 | |||
| 456068 | 457 016 | 913084 | ~765 247 | ||||
| Barnwood Trust | 12,000 | 12,000 | |||||
| BBCChildren in Need |
34,091 | 34,091 | 36,307 | ||||
| Carers Gloucestershire | Legacy | 9,849 | |||||
| Chelsea Square 1994Trust | 2,000 | 2,000 | |||||
| Corona Emergency Fund |
1,000 | ||||||
| D'Oyly Carte Charitable | Trust | 3,500 | 3,500 | ||||
| Ecclesiastical Charities | Trust | 50,000 | |||||
| Forest ofDean DC | 5,925 | 5,925 | 7,406 | ||||
| Gloucester Rotary | 800 | ||||||
| Gloucestershire County |
Council | 435461 | 30,000 | 465,261 | 420,243 | ||
| Henry Smith Charity | 41,500 | 41,500 | 40,700 | ||||
| J&M Britton Charitable | Trust | 2,000 | 2,000 | ||||
| Julia and Hans Rausling | Trust Charity | 20,000 | 20,000 | 70,000 | |||
| Lloyds Bank Foundation | 50,292 | ||||||
| Masonic Charitable Fund |
12,000 | ||||||
| Mid-Counties Co-Operative |
1,000 | ||||||
| Morrisons Foundation |
4,807 | 4,807 | |||||
| NHS Gloucestershire CCG |
120,000 | 120,000 | |||||
| Paul Hamlyn Foundation |
175,000 | 175,000 | 47,500 | ||||
| Nancy Kenyon Charitable | Trust | 2,000 | 2,000 | ||||
| Police &Crime Commissioner | 7,150 | ||||||
| St James Place Foundation | 10,000 | 10,000 | 10,000 | ||||
| Tesco | 1,000 | ||||||
| Triangle Trust | 15000 | 15000 | |||||
| 456068 | 457016 | 913084 | 765 247 |
| 6. | COSTSOFRAISING FUNDS | COSTSOFRAISING FUNDS | COSTSOFRAISING FUNDS | COSTSOFRAISING FUNDS | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | 2022 | 2021 | |||||
| f | f | f | ||||||
| Sundries | 7753 | 7 753 | 6247 | |||||
| 7. | EXPENDITURE | ON CHARITABLE ACTIVITIES | ||||||
| Direct | Support | Total | Total | |||||
| costs | costs | 2022 | 2021 | |||||
| f | f | f | ||||||
| Support and activities for young carers | 484 467 | 202 767 | 687234 | ~586 308 | ||||
| 8. | DIRECT | COSTS | ||||||
| Total | Total | |||||||
| 2022 | 2021 | |||||||
| Staffcosts | 4387968 | 400,066 | ||||||
| Activities | for young carers | 19,909 | 3,649 | |||||
| Activity transport | costs | 25 59II | 1,790 | |||||
| 454467 | 405,505 | |||||||
| 9. | SUPPORT | COSTS | ||||||
| Total | Total | |||||||
| 2022 | 2021 | |||||||
| Staff' costs | 90,391 | 89,906 | ||||||
| Rent | 39,188 | 38,526 | ||||||
| Insurance | 2,873 | 2,681 | ||||||
| Light and | heat | 2,064 | 1,846 | |||||
| Telephone | costs | 2,402 | 7,506 | |||||
| Postage and stationery | 13,877 | 12,242 | ||||||
| Other support costs | 11,785 | 3,112 | ||||||
| Recruitment | and training | 10,106 | 2,045 |
| 9. | SIJPPORT | COSTS - continued | ||
|---|---|---|---|---|
| Total | Total | |||
| 2022 | 2021 | |||
| f | ||||
| Travel costs | 3,419 | 818 | ||
| Repairs and | renewals | 730 | 1,164 | |
| Cleaning costs | 3,036 | 2,027 | ||
| Computer costs |
8,100 | 9,025 | ||
| Depreciation | 3,947 | 1,907 | ||
| Finance costs | 476 | 176 | ||
| Governance | costs (note 10) | 10373 | 7 823 | |
| 202,767 | 180,803 | |||
| 10. | GOVERNANCE COSTS | |||
| Total | Total | |||
| 2022 | 2021 | |||
| Auditors remuneration |
9,050 | 6,547 | ||
| Payroll charges | 1323 | 1276 | ||
| 10373 | 7,823 | |||
| 11. | NET INCOME/(EXPENDITURE) | |||
| Total | Total | |||
| 2022 | 2021 | |||
| f. | ||||
| Auditors remuneration |
9,050 | 6,547 | ||
| Depreciation | —ovmed assets | 3 967 | 1,907 |
| Key M | anagement Personnel |
||
|---|---|---|---|
| Total | Total | ||
| 2022 | 2021 | ||
| 0 | |||
| Wages | and salaries | 139,351 | 121,511 |
| Social | security costs | 14,349 | 12,379 |
| Pension | costs | 3 617 | 3 136 |
| ~857 17 |
137026 |
| STAFF COSTS | ||||
|---|---|---|---|---|
| Total | Total | |||
| 2022 | 2021f | |||
| Wages and salaries | 480,652 | 447,351 | ||
| Social security costs | 36,914 | 33,417 | ||
| Pension costs | 11793 | 9203 | ||
| 529 359 | 489 971 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 2022 | 2021 | |||
| Supportstaff | 24 | 24 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | fuads | ||
| f | ||||
| INCOME FROM | ||||
| Donations and legacies |
100,193 | 1,399 | 101,592 | |
| Charitable activities |
||||
| Support and activities | for young carers | 536,099 | 229,148 | 765,247 |
| Other trading activities Investment income |
116 1 719 |
116 ~1719 |
||
| Total | 638,127 | 230,547 | 868,674 | |
| EXPENDITURE ON | ||||
| Raising funds | (3,550) | (2,697) | (6,247) | |
| Charitable activities |
||||
| Support and activities | for young carers | (470,231) | (116,077) | (586,308) |
| NET INCOME | 164,346 | 111,773 | 276,119 | |
| Transfers between funds |
~379) | 379 | ||
| Net movement in funds |
163,967 | 112,152 | 276,119 | |
| RECONCILIATION | OF' FUNDS | |||
| Total funds brought | forward | 342,997 | 12,311 | 355,308 |
| TOTAL FUNDS CARRlED FORWARD | 506,964 | 124,463 | 631,427 |
| 15. | TANGIBLE | FIXEDASSETS | |||
|---|---|---|---|---|---|
| Fixtures | |||||
| and | Computer | ||||
| fittings | equipment | Totals | |||
| COST | |||||
| At 1 April 2021 | 22,178 | 29,056 | 51,234 | ||
| Additions | 6,251 | 6,251 | |||
| At 31March | 2022 | ~22 178 | 35 307 | 57 485 | |
| DEPRECIATION | |||||
| At 1 April 2021 | 21,521 | 16,174 | 37,695 | ||
| Charge for year | 164 | 3,783 | 3,947 | ||
| At 31 March | 2022 | ~21 685 | ~19957 | ~41 642 | |
| NET BOOK | VALUE | ||||
| At 31March | 2022 | 493 | 15350 | 15843 | |
| At 31March | 2021 | 657 | 12 882 | 13,539 | |
| 16. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||||
| Trade debtors | 152,084 | 35,020 | |||
| Prepayments | and accrued income | 345 | 10554 | ||
| 153433 | 45574 | ||||
| 17. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | ||||
| Trade creditors | 12,674 | 5,705 | |||
| Social security and other taxes | 10,242 | 10,035 | |||
| Credit card | 2,989 | 2,891 | |||
| Accruals and | deferred income | 14549 | 6,623 | ||
| 40 454 | 25,254 |
| CREDIT | ORS: AMOUN | TS FA | LLING DUE WITHIN ONE YEAR - | continued | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Deferred | income included | above | comprised: | ||
| Deferred | income b/f | 29,850 | |||
| Resources | deferred in the |
year | |||
| Amounts | released irom previous | years | ~29 850) | ||
| Defen ed | income c/f |
| 2022 | 2021 | |
|---|---|---|
| Within one year | 33,866 | 29,028 |
| Between one and five years | 38,704 | 72,570 |
| In more than five years | ||
| 78 5718 | 181598 |
| FUNDS | ||||||
|---|---|---|---|---|---|---|
| Balance | Incoming | Resources | Balance | |||
| b/f f |
resources | expended | Transfers | c/f f |
||
| Unrestricted funds |
||||||
| General fund |
478,124 | 111,733 | (106,114) | (46,851) | 436,892 | |
| Gloucestershire County |
Council | 18,800 | 435,261 | (351,787) | 102,274 | |
| Designated fund |
10041 | 45 851 | 55 892 | |||
| 506965 | 546 94 |
457901 | 1000 | 595058 | ||
| Restricted funds |
||||||
| Bamwood Trust | 12,000 | (12,000) | ||||
| BBCChildren iu Need |
34,091 | (34,091) | ||||
| Carers Gloucestershire | Legacy | 70233 | (7,233) | |||
| D'Oyly Carte Charitable | Trust | 3,500 | 3,500 | |||
| Ecclesiastical Charities | Trust | 47,000 | (47,000) | |||
| Forest ofDean DC | 5,925 | (5,925) | ||||
| Gloucestershire County |
Council | 30,000 | 30,000 | |||
| Gloucester Rotary | 800 | (800) | ||||
| Henry Smith Charity | 9,045 | 41,500 | (47,835) | 2,710 | ||
| Julia &Hans Reusing Trust | 20,000 | 20,000 | ||||
| Lloyds Bank Foundation | 26,261 | (26,261) | ||||
| Masonic Charitable Fund |
12,000 | (12,000) | ||||
| Mid-Counties Co-Operative |
1,114 | 1,091 | (2,205) | |||
| Paul Hamlyn Foundation |
12,400 | 175,000 | (34)490) | 152,910 | ||
| NHS Gloucestershire | 120,000 | 120,000 | ||||
| Pohce &Crime Commissioner | 5,200 | (5)200) | ||||
| The Helen Foundation | 3,409 | 300 | (2,046) | 1,000 | 2,663 | |
| Triangle Trust | 15000 | 15000 | ||||
| 124462 | 458 407 | 237 086 | I 000 | 346783 | ||
| TOTAL FUNDS | 631427 | 1005 401 | 694 98 | 941841 |