| Page | |||
|---|---|---|---|
| Reference and Adndnistrative Details |
|||
| Report ofthe Trustees | 2 | to | 9 |
| Report ofthe Independent Auditors |
10 | to | 12 |
| Statement ofFinancial Activities | 13 | ||
| Balance Sheet | 14 | ||
| Cash Flow Statement | |||
| Notes to the Cash Flow Statement | 16 | ||
| Notes to the Financial Statements | 17 | to | 28 |
| TRUSTEES | P Winterbottom | (Chair) | (Chair) | ||
|---|---|---|---|---|---|
| RParish | |||||
| M Clifford | |||||
| R Smith | |||||
| A Desks | |||||
| SNair (appointed | 16/11/2022) | ||||
| P Gorf (resigned | 19/09/2022) | ||||
| M Waddington (resigned 27/07/2022) |
|||||
| COMPANY SECRETARY | RParish (appointed | 16/11/2022) | |||
| P Gorf (resigned | 19/09/2022) | ||||
| KEYMANAGEMENT | PERSONNEL | E Semadeni | |||
| H Gill | |||||
| S Gillespie (resigned 23/06/2023) | |||||
| M Hitchings | |||||
| REGISTERED OFFICE | 7 Twigworth Court |
Business | Centre | ||
| Twigworth | |||||
| Gloucester | |||||
| Gloucestershire | |||||
| GL2 9PG | |||||
| REGISTERED COMPANY NUMBER | 03458723 (England | and Wales) | |||
| REGISTERED CHARITY NUMBER | 1090289 | ||||
| AUDITORS | Cooper Parry Group | Limited | |||
| Cubo Birmingham, | Oflice 401 | ||||
| 4th Floor, Two Chamberlain | Square | ||||
| B33AX |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | fulltis | funds | ||||
| Notes | f. | ||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
59,370 | 3,775 | 63,145 | 89,772 | |||
| Charitable activities |
|||||||
| Support and activities | for young carers | 463,054 | 279,996 | 743,050 | 913,084 | ||
| Other trading activities |
700 | 700 | 1,836 | ||||
| Investment income |
~5940 | 5 940 | 709 | ||||
| Total | 529,064 | 283,771 | 812,835 | 1,005,401 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 6 | (8,918) | (8,918) | (7,753) | |||
| Charitable activities |
|||||||
| Support and activities | for young carers | (542,668) | (307,873) | (850,541) | (687,234) | ||
| Total | (551,586) | (307,873) | (859,459) | (694,987) | |||
| NET INCOME | (22,522) | (24,102) | (46,624) | 310,414 | |||
| Transfers between funds |
19 | ~l 000) | I 000 | ||||
| Net movement ln funds |
(23,522) | (23,102) | (46,624) | 310,414 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 595,058 | 346,783 | 941,841 | 631,427 | ||
| TOTAL FUNDS CARRIED FORWARD | ~571 536 | ~323 681 | ~895 217 | 941,841 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | fttllde | funds | ||
| Notes | 8 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 15 | 18,301 | 18,301 | 15,843 | |
| CURRENT ASSETS | |||||
| Debtors | 16 | 4,658 | 4,658 | 152,432 | |
| Cash at bank and in haud | 592,821 | ~323 681 | ~916502 | ~814020 | |
| 597,479 | 323,681 | 921,160 | 966,452 | ||
| CURRENT LIABILITIES | |||||
| Creditors | 17 | (44,244) | (44,244) | (40,454) | |
| NET CURRENT ASSETS | ~553 235 | ~323 681 | 876916 | 925,998 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 571,536 | 323,681 | 895,217 | 941,841 | |
| NET ASSETS | 571,536 | 323,681 | ~895 217 | 941 841 | |
| FUNDS | 19 | ||||
| Unrestricted funds |
571,536 | 595,058 | |||
| Restricted funds | ~323 681 | 346 783 | |||
| TOTAL FUNDS | 895,217 | 941 841 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating | activities | ||||
| Cash generated &om operations |
~104038 | ~221 994 | |||
| Net cash provided by/(used |
in) operating | activities | 104038 | 221 994 | |
| Cash flows from investing | activities | ||||
| Purchase oftangible fixod assets Interest received |
(7,496) ~5940 |
(6,251) 709 |
|||
| Net cash (used in)/provided | by investing | activities | 1 55 | 5 542 | |
| Change in cash and cash equivalents | in the | ||||
| reporting period |
102,482 | 216,452 | |||
| Cash and cash equivalents | at the beginning | of | |||
| the reporting period |
814020 | ~597 568 | |||
| Cash and cash equivalents | at the end | of the | |||
| reporting period |
916,502 | 814,020 |
| RECONCILIATION | RECONCILIATION | OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Net income for the | reporting | period (as per the Statement ofFinancial | |||
| Activities) | (46,624) | 310,414 | |||
| Adjustments for: |
|||||
| Depreciation charges |
5,038 | 3,947 | |||
| Interest received | (5,940) | (709) | |||
| Decrease/(increase) | in | debtors | 147,774 | (106,858) | |
| Decrease in creditors | 3 790 | 15200 | |||
| Net cash provided | by/(used | in) operations | 104038 | ~221 994 |
| DONATIO | NS AND LEG |
ACIES | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | 2023 | 2022 | |||
| The Helen | Foundation donations |
325 | 325 | 300 | ||
| Mid-Counties Co-Operative |
donations | 1,091 | ||||
| Find Nathan Fund donation |
1,750 | 1,750 | ||||
| Alexander | Burn Limited donation | 500 | 500 | |||
| Gloucester | Rotary donation | 1400 | 1,200 | |||
| Other donations | 59/70 | 59,370 | 85,317 | |||
| HMRC tax | rebate | 3,064 | ||||
| 59370 | 3775 | 63 145 | 89,772 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds 5 |
funds | 2023f | 2022 | ||
| Book | sales | 700 | 700 | I 836 | |
| 700 | 700 | I 836 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | 2023 | 2022 | ||||
| f | 5 | ||||||
| Deposit account interest | 5,940 | 5,940 | 709 | ||||
| 5 940 | 5,940 | 709 | |||||
| INCOME FROM CHARITABLE ACTIVITIES | |||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | 2023 | 2022 | ||||
| 5 | I | f | |||||
| Support and activities | for | young carers | |||||
| Grant income | 463054 | 279996 | 743 050 | 913084 | |||
| 463054 | 279 996 | 743 050 | 913084 | ||||
| Barnwood Trust | 12,000 | ||||||
| BBCChildren in Need |
34,591 | 34,591 | 34,091 | ||||
| Carers Gloucestershire | Legacy | 10,374 | 10374 | ||||
| Chelsea Square 1994Trust | 2,000 | 2,000 | 2,000 | ||||
| D'Oyly Carte Charitable | Trust | 3,500 | |||||
| Fiuck Convalescent | 104 | 104 | |||||
| Forest ofDean DC | 5,925 | 5,925 | 5,925 | ||||
| Gloucestershire Community |
Foundation | 12,750 | 12,750 | ||||
| Gloucestershire County |
Council | 390806 | 30,000 | 420,906 | 465,261 | ||
| Henry Smith Charity | 2,778 | 39,622 | 42,400 | 41,500 | |||
| Jdt M Britton Charitable | Trust | 2,000 | |||||
| Julia and Hans Rausling | Trust Charity | 20,000 | 20,000 | 20,000 | |||
| Morrisons Foundation |
4,807 | ||||||
| NHS Gloucestershire CCG |
120,000 | ||||||
| Paul Hamlyn Foundation |
130,000 | 130,000 | 175,000 | ||||
| National Lottery |
20,000 | 20,000 | |||||
| Nancy Kenyon Charitable | Trust | 4,000 | 4,000 | 2,000 | |||
| StJames Place Foundation | 10,000 | ||||||
| Summerfield Charitable |
Trust | 10,000 | 10,000 | ||||
| Triangle Trust | 30000 | 30000 | 15000 | ||||
| 463 054 | 279996 | 743 050 | ~913084 |
| 6. | COSTSOFRAISING FUNDS | COSTSOFRAISING FUNDS | COSTSOFRAISING FUNDS | COSTSOFRAISING FUNDS | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | 2023 | 2022 | |||||
| f | ||||||||
| 8918 | 8918 | 7,753 | ||||||
| 7. | EXPENDITURE | ON CHARITABLE ACTIVITIES | ||||||
| Direct | Support | Total | Total | |||||
| costs | costs | 2023 | 2022 | |||||
| f | f | |||||||
| Support and activities for young carers | 588 620 | 261 921 | 8509541 | 687234 | ||||
| 8. | DIRECT | COSTS | ||||||
| Total | Total | |||||||
| 2023 | 2022 | |||||||
| f | ||||||||
| Staft' costs | 525,128 | 438,968 | ||||||
| Activities | for young carers | 22,573 | 19,909 | |||||
| Activity transport | costs | 40 919 | 25 590 | |||||
| 5851 6211 | 484 469 | |||||||
| 9. | SUPPORT COSTS | |||||||
| Total | Total | |||||||
| 2023 f. |
2022f | |||||||
| Statf costs | 96,365 | 90,391 | ||||||
| Rent | 43,127 | 39,188 | ||||||
| Insurance | 3,765 | 2,873 | ||||||
| Light and | heat | 4,126 | 2,064 | |||||
| Telephone | costs | 5,269 | 2,402 | |||||
| Postage snd stationery | 14,506 | 13,877 | ||||||
| Other support costs | 15,239 | 11,785 | ||||||
| Recruitment | and training | 19,470 | 10,106 |
| 9. | SUPPORT COSTS - continued | |||
|---|---|---|---|---|
| Total | Total | |||
| 2023 | 2022 | |||
| f | f | |||
| Travel costs | 15,140 | 3,419 | ||
| Repairs and renewals | 3,980 | 730 | ||
| Cleaning costs | 2,845 | 3,036 | ||
| Computtx costs |
20,471 | 8,100 | ||
| Depreciation | 5,038 | 3,947 | ||
| Finance costs | 600 | 476 | ||
| Governance costs (note 10) |
11980 | 10,373 | ||
| 261,921 | 202,767 | |||
| 10. | GOVERNANCE COSTS | |||
| Total | Total | |||
| 2023f | 2022 | |||
| Auditors remuaeration |
10,540 | 9,050 | ||
| Payroll charges | I 4417 | 1,323 | ||
| 11900 | 10,373 | |||
| 11. | NET INCOME/(EXPENDITURE) | FOR THE YEAR |
| NET INCOME/(EXPEN | DITURE) FOR THE YEAR |
||
|---|---|---|---|
| Total | Total | ||
| 2023 | 2022 | ||
| Net income/(expenditure) | is stated ager charging: | ||
| Auditors remuneration | 10,540 | 9,050 | |
| Depreciation —owned assets | 0 038 | 3 947 |
| Key Management Personnel |
||
|---|---|---|
| Total | Total | |
| 2023 | 2022 | |
| g | ||
| Wages and salaries | 149,438 | 139,351 |
| Social security costs | 16364 | 14,349 |
| Pension costs | 3 847 | 3617 |
| 169549 | 157317 |
| STAFF COSTS | |||||
|---|---|---|---|---|---|
| Total | Total | ||||
| 2023 | 2022 | ||||
| Wages and salaries | 545,325 | 480,652 | |||
| Social security costs | 66,330 | 36,914 | |||
| Pension costs | 9838 | 11793 | |||
| 621493 | 529 359 | ||||
| The average monthly | number ofemployees | during | the year was as follows: | ||
| 2023 | 2022 | ||||
| Support staff | 32 | 24 |
| COMPARATIVKS | FORTHE STATEMENT OF FIN | ANCIAL ACTIVITIES —Y | EAR ENDED 3 | 1MARCH 2 |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 8 | ||||
| INCOME FROM | ||||
| Donations and legacies |
88,381 | 1,391 | 89,772 | |
| Charitable activities |
||||
| Support and activities | for young caters | 456,068 | 457,016 | 913,084 |
| Other trading activities |
1,836 | 1,836 | ||
| Investment income |
709 | 709 | ||
| Total | 546,994 | 458,407 | 1,005,401 | |
| EXPENDITURE ON | ||||
| Raising funds | (7,753) | (7,753) | ||
| Charitable activities |
||||
| Support and activities | for young carers | (450,148) | (237,086) | (687,234) |
| NKT INCOME | 89,093 | 221,321 | 310,414 | |
| Transfers between funds |
1 000 | 1,000 | ||
| Net movement in funds |
88,093 | 222,321 | 310,414 | |
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 506,965 | 124,462 | 631,427 |
| TOTAL FUNDS CARRIED FORWARD | 595,058 | 346,783 | 941,841 |
| 15. | TANGIBLE | FIXEDASSETS | |||
|---|---|---|---|---|---|
| Fixtures | |||||
| and | Computer | ||||
| ettings | equipment | Totals | |||
| COST | |||||
| At 1 April 2022 | 22,178 | 35,307 | 57,485 | ||
| Additions | 303 | 7,193 | 7,496 | ||
| At 31March | 2023 | ~22 481 | 42 500 | ~64 981 | |
| DEPRECIATION | |||||
| At 1 April 2022 | 21,685 | 19,957 | 41,642 | ||
| Charge for year | 180 | 4,858 | 5 038 | ||
| At 31 March | 2023 | 21,865 | 24 815 | ~46 680 | |
| NET BOOK | VALUE | ||||
| At 31 March | 2023 | 616 | ~17 685 | 18301 | |
| At 31March | 2022 | 493 | ~15 350 | 15843 | |
| 16. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | ||||
| 8 | |||||
| Trade debtors | 3,270 | 152,084 | |||
| Prepayments | and accrued income | 1,388 | 348 | ||
| ~ 655 | &52 452 | ||||
| 17. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2023 | 2022 | ||||
| f | |||||
| Trade creditors | 21&564 | 12,674 | |||
| Social security and other taxes | 10&721 | 10,242 | |||
| Credit card | 2,612 | 2,989 | |||
| Accruals and | deferred income | 9,347 | 14,549 | ||
| 44244 | 45454 |
| 2023 | 2022 | ||
|---|---|---|---|
| Within | one year | 38,704 | 33,866 |
| Between one and five years | 38,704 | ||
| In more | than five years | ||
| 33 7II4 | 72 372 |
| Balance | Incoming | Resources | Balance | |||
|---|---|---|---|---|---|---|
| b/f f |
resources | expended | Transfers | c/f | ||
| Unrestricted funds |
||||||
| General fund | 436,892 | 138,158 | (2,514) | (1,000) | 571,536 | |
| Gloucestershire County |
Council | 102,274 | 390,906 | (493&180) | ||
| Designat&xt fund |
55892 | 55 892 | ||||
| 595058 | 529064 | 55158 | I 000 | 571536 | ||
| Restricted funds | ||||||
| Alexander Burn Limited |
500 | 500 | ||||
| Carers Gloucestershire | Legacy | 10@74 | 10374 | |||
| D'Oyly Carte Charitable | Trust | 3,500 | (3,500) | |||
| Find Nathan Fund |
1,750 | 1,750 | ||||
| Gloucestershire County |
Council | 30,000 | 30,000 | (30,000) | 30,000 | |
| Gloucester Rotary |
1,200 | 1,200 | ||||
| Henry Smith Charity Julia & Hans Rausiug Trust |
2,710 20,000 |
39,622 20,000 fie |
(39,554) (20,000) |
2,778 20,000 |
||
| National Lottery |
20,000 | (10,000) | 10,000 | |||
| NHS Gloucestershire | 120,000 | (60,707) | 59&293 | |||
| Paul Hamlyn Foundation |
152 &r10 | 130,000 | (118,062) | 164,848 | ||
| The Helen Fouadation | 2,663 | 325 | (1,050) | 1,000 | 2,938 | |
| Triangle Trust | 15000 | 30000 | 25 000 | 20 000 | ||
| 346783 | 283771 | 307873 | I000 | 323 681 | ||
| TOTAL FUNDS | 941841 | 812,835 | 859459 | 895217 |