STOCKPORT CARE SCHEMES
loperatlng as Stockport Car Scheme)
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Registered Charity No.1091546
COMMUNlflACCOUNTANCY SERVICE LTD
THE GRANGE
PILGRIM DRIVE. BESWICK
MANCHESTER M11 3TQ

STOCKPORT CARE SCHEMES
INDEX
PAGE NUMBER
CONTENTS
TRUSTEES ANNUAL REPORT
INDEPENDENT EXAMINERS REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
STATEMENT OF CASH FLOWS
9-14
NOTES TO THE ACCOUNTS
{FOR MANAGEMENT PURPOSES ONLY)
15
INCOME & EXPENDITURE ACCOUNT

STOCKPORT CARE SCHEME5
Report of the trustees for the year ended 31 March 2024
The trustees present their annual report and financial statements of the charity for the year ended
31" March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in
note I to the accounts and comply with the charity's constitution, the Charities Act 2011 and
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK
and Republic of Ireland publi5hecl IFRS 1021 ljanuary 20191.
Reference and adrninlstrative information
Charity Name.. Stockport Care Schemes
Charity Number.. 1091546
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Ms Helen O'sullivan
Mr George Berry
MrAndrew Wardle
Miss Claire Bakewell
Ms Theresa Rogers
Mr Michael Faragher
Ms Barbara Cunliffe
Cllr Shantini Alexander
Mr Colin Birtles (appointed December 20231
Chair
TrEasurer
Key management personnel: Trustees and Dlrertors
Ms Helen O'sullivan
Chair of Trustees
Senior managers
Mrs Susan Peck
Registered Office
The Heatons Centre, Thornfield Road, Heaton Moor, Stockport, Cheshire, SK4 3LD
Independent Examlners
Community Accountancy Service Limited
The Grange, Pi Igrim Drive
Beswick, Manchester
M113TQ

STOCKPORT CARE SCHEMES
Bankers
The Cooperative Bank plc, l Balloon Street, Manchester, M60 4EP
Objectives and actlvitles
The purposes of the charity are to promote the relief of persons who are aged, sick or who have
disabilities and are in need of care and support, by provision of support services and information to
such persons and their carers in Stockport. to carry out such other charitable purpose or purposes as
the Trustees in their absolute discretion shall from time to time determine.
The trustees confirm that they have referred to the Charity Commission's guidance on public benefit
when reviewing the Charity's aim5 and objectives, in planning future activities, and setting the
policies for the year.
The charity furthers its charitable purposes for the public benefit through using volunteer drivers
who use their own cars to take people who struggle with public transport to social groups, dav
centres, medical appointments visiting friends and family and shopping to reduce social isolation and
help people stay well and independent in their own homes.
Structure, governance and management
Stockport Care Schemes is registered as a charity with the Charity Commission (dated 5 April 20021.
th
Appointment of trustees
As set out in the constitution trustees are elected annually by the members of the charity attendin8
the Annual General meeting and serve for a period of l year, following which they may offer
themselves for re-election. The Executive Committee shall consist of not less than 3 members not
more than 12 members.
Trustee induction and tralnlng
New trustees are given a Trustee Training and Guidance Pack which covers..
The obligations of the Board of Trustees
The current financial position
FL6ture plans and objectives
Organisation
The board of trustees administers the charity. The board normally meets formally four times a year.
A manager is appointed by the trustees to manage the day-to-day operations of the charitv.
Related parties and co-operation wlth other organisation5
None of our trLSStees receive remuneration or other benefit from their work as trustees 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 relationship with a
related party. In the current year remuneration and re-imbursement for other roles and related
party transactions are reported in Note 6.

STOCKPORT CARE SCHEMES
A review of our achievements and performance
The main achievements during the year were..
Continuing the contract with Stockport M BC
Providing transportation to over 4,000 clients
Using over 80 volunteers to drive and assist with the administrative functions of the
organisation
Securing funding for an accessible minibus with part funding for 3 years running cost to take
people in wheelchairs and also multiple people to groups, shopping and days out
Taking people for their covid/flu vaccination
Financial review
Total incoming resources were £297,62212023 £232,939).
Total resources expended were £249,42912023 £239,870).
Overall the net movement in funds was £48.19312023 -£6,931), before actuarial gains and losses
relating to the pension scheme.
Restricted Funds balance at 31" March was £54,560 relating to the new vehicle12023 £nill
Investment powers and policy
The trustees, having regard to the liquidity requirements of operating the charity and because it onlv
secured long term funding during the year, have kept available funds in a current account. It is
currently exploring the options to deposit funds into a longer-term higher interest account.
Reserves pollcy and going concern
The balance held in unrestricted reserves at 31" March 2024 was £150,318, £139,363 of which is
free reserves, after allowing for funds tied up in tangible fixed assets.
The trustees aim to maintain free reserves in unrestricted fund5 at a level which equates to
approximately six months of running cost5 (currently £ 125,0001. The trustees consider that this level
will provide suff icient funds to respond to applications for grants and ensure that support and
governance costs are covered.
Having considered financial forecasts and the current level of reserves the trustees consider that the
charity is a going concern.
Rlsk management
The trustees have conducted a review of the major risks to which the charity is exposed and system5
have been established to mitigate those risks.
The main risk will always be the need to maintain grant and other funding. The organisation is
continually monitored by Stockport M BC to ensure it meets its requirements. Additionally, it seeks
other sources of grant f unding to help maintain its services.

STOCKPORT CARE SCHEMES
Plans for Future Periods
To recruit volunteer drivers to meet the demand from clients and partners
To maintain an innovative approach for providing transport to our clients. These clients may
have multiple disabilities or through deterioration of health need accessible supportive
transport.
To develop the service we offer to utilise the new accessible minibus
To continue networking and collaborating with organisations to get people out and about to
prevent isolation and keep them included and active in the community.
Trustees responsibilities in relation to the flnancial statements
The charity trustees are responsible for preparing a trustees, annual report and financial statements
in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity trustees to prepare
financial statements for each year which give a true and fair view of the state of affairs of the charity
and of the incoming resources and application of resources, of the charity for that period. In
preparing the financial statements, the trustees are required to..
Select suitable accounting principles and then apply 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 f inancial 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 f inancial position of the charity and to enable them to ensure that the
financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and
Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding
the assets of the charity and taking reasonable steps for the prevention and detection of f raud and
other irregularities.
By order of the board of trustees
Ms Helen O'sullivan
Chair
Date..
TFI
15 July 2024

I1￿EPENDENT EXAMINERS REPORT TO THE TRUSTEES OF
STOCKPOR'f CARE SCHEMES
REGISTERED CHARITY NO. 1091546
I report on the accounts of the charity, for the Year Ended 31 st March 2024 which are set out on
pages 6 to 14.
Respective Rcsponsibilities of Trustees and Examiner
'rhc charity's trustees arg responsible for the preparation of the accounts. I'he charity trustees
consider that an audil is not required forthis year under scction 144(2) of the Charities Act 2011
(the 2011 Act) and that an independent examination is needed. l.he charity is preparing accrued
aLcounts and I am qualified to undertake thc examination by being a qualified member of the
Institute of Chart¢r¢d Accountant.% in Lngland and Walcs.
It is my responsibility to-
examine the accounts under section 145 of the 2011 Act.
follow the procedures laid down in the general Directions given by the Charity
Commission under section 145(5)(b) of the 2011 Act. and
state whether particular matt¢rs havc come to my attention.
Basis of Independent Examiners Report
My examination was carried out in accordance with the General Directions given by the Charity
Comniission. An examination includes a review of theaccounting records kept by the charity and
a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concernin T any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit, and consequently no opinion is given as to whether the accounts
present a'true and fair view, and tlie report is limited to those matters set out in the stateiii¢nt
below.
Indcpendent Fxaminer's Statemcnt
In connection with my examin(Ilion, except as disclo.sed below, no matter has come lo my
attention".
(l) whiLh gives me rcasonablc cause to bclieve that in any matcrial regpcct the requircments=
to kecp accounting records have in accordiinLc with section 130 of the 201 l Act. and
to prepare account% which accord with the accounting records and to comply with the
accounling requirements of the 2011 Act,
have not becn met" or
(2) to which, in my opinion, attention should be drawn in order to enable a proper undcrstanding
of the accounts to be reached.
Signed:
EL Anderson MA FCA CTA
Date: 15, July 2024
Community Accountancy Service Ltd
The Grange, Pilgrim Drive, Beswick,
Manchester, Ml13TQ

STOCKPORT CARE SCHEPdlES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Total
Funds
2024
Totsl
Funds
2023
Unrestricted Restricted
Funds
Funds
Notes
INCOME FROM..
Donations
83,562
83,562
92,939
Charitable Activities
121
154,500
54,560
209,060
140,000
Other income
TOTAL
5,000
243,062
5,000
297,622
54.560
232.939
EXPENDITURE ON..
Charitable Activities
1249.4291
1249,4291
1239.8701
TOTAL
{31
1249.4291
1249,4291
1239,8701
NET INCOME IEXPENDITUREI
16,3671
54.560
48.193
16,9311
AcluariaS GainslLossesl on defined benefit
pension schemes
1101
49
NET MOVEMENT IN FUNDS
16,3681
54,560
48,192
16.882}
Reconciliation of Funds
Tota1 Funds Brought Forward
TOTAL FUNDS CARRIED FORWARD1111
156,686
150.318
156,686
204.878
163.568
156,686
54,560
The slalemenl of financial activities includes all gains and losses in the year. All incoming reSoU￿S and
resources expended derive from continuing aclivilies.
T,he notes r)n pages 9 10 14 foTm part of these accounts.

STOCKPORT CARE SCHEMES
BALANCE SHEET AS AT 31 MARCH 2024
2024
2023
Notes
FIXED ASSETS
60,917
16,098
CURRENT ASSETS
Debtors anLI Prepayments
Cash at Bank & in Hand
18,612
225,076
15,963
159,389
243.688
175,352
LIABILITIES..
Amounts falling due within one ye8r
198.8731
132,9361
Net Current Assets
144,815
142,416
PROVISIONS FOR LIABILITIES..
Defined benefit Pension Scheme
Asset (Liability)
1854}
11,8281
NET ILIABILITIESI I ASSETS
204,878
156,686
THE FUNOS OF THE CHARITY
Restricted Funds
Unrestricted Income Funds
54,560
150,318
204.878
156,686
156,686
Approved on behalf of the Trustees hft8nagemenl Committee
Trustee
Helen O'sullivan
Chair
Trustee
George Berry
Treasurer
Date.. 15th July 2024
The note5 on pages 9 10 14 fomi part of these accounts.

STOCKPORT CARE SCHEMES
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Nel movement in funds
Add back depreciation
Decreasellin¢reas21 in debtor5
Increaselldecreasel In creditors
48, 192
7,182
12.6491
64,963
16,8821
6.673
112,0811
3,882
Net Cash used in operating activities
117,688
18,4081
Cash flows from investment actlvlties..
Purchase of Fixed Assets
152,001}
113.7061
Net cash provided by investingactivities
152,0011
113,7061
Increasel{decreasel in cash and cash equivalents during the year
65,687
122,1141
Cash and cash equivalents brought forward
159,389
181,503
Cash and cash equivalents carrled forward
225,076
159.389

STOCKPORT CARE SCHEMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
l. Accounting policies
lal Basss of preparation and assessment of going concern
The accounts (financial slalementsl have been prepared under the historical cost convention with
items recognised at cost or transaction value unless othèrwise slated in Ihe relevant notes to these
accounts. The financial statements have been prepared in accordance with the Statement of
Recommended Practice.. Accounting and Reporting by Charities prepanng their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021
January 2019 and the Financial Reporling Standard applicable in the United Kingdom and
Republic of Ireland IFRS 1021 and the Charities Act 2011.
The charity conslilules a public benefit enlily as defined by FRS 102.
The trustees consider that there are no material uncertainties about the charitys ability lo continue as
a going concern.
Ibl Funds structure
Reslricled funds are funds which are lo be Ljsed in accordance with specific reslriclions imposed by the
donor. There are no restricted funds al the year end.
Unreslricled income funds comprise those funds which the Irustees are free lo use for any purpose in
furtheran￿ of the charitable objects. Unrestricted funds include designated funds where the trustees,
al their discretion, have created a fund for a specific purpose.
Further details of each fund are disclosed in note 11.
Icl Income recognition
All income is recognised once the charity has enlillement to the income. il is probable that the income
will be received and the amount of income receivable can be measured reliably.
Donations are recognised when the charity has been notified In writing of both the amount and
selllement dale. In the event that a donation is subject to conditions that require a level ol performance
before the charity is entitled lo the funds, the income is deferred and not recognised until either those
conditions are fully mel, or the lulfilment of those conditions is wholly within the control of the
charity and it is probable that those conditions will be fulfilled in the reporting period.
Interest on funds held on deposit is included when re￿7vable and the amount can be measured reliably
by the charity". this is normally upon notification of the interest paid or payablè by the bank.
Idl Expenditure Recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committs.ng
the charity lo that expenditure, il is probable that settlement will be required and the amount of the
obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. Al expenses including support costs and
govemance costs are allocated or apportioned lo the applicable expenditure headings. For more
information on this allribulion refer lo note Igl below.
lel Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which il was incurred.
If) Allocation of Support and govprnance costs
Support costs have been allocated between governance costs and other support costs. Governance
costs ¢omprise 811 costs involving the publ',c accounlabilily of the charity and ils Complian￿ with
regulation and good practice. These costs include costs related to independent examination and legal
fees together with an apportionment of overhead and support costs.
Governan￿ costs and support costs relating to charitable activities have been apportioned based on
staff time and the usage of facilities and services for management purposes.
The charity has the free use of a room for management meetings and increasingly uses teleconferencing
The allocation of support and governance costs is analysed in note 4.
Igl Charitable Activities
Costs of charitable activities include governance costs and an apportionment of support costs as shown
in note 3.
Ihl Tangible fixed assets and depreciation
All assets costing more Ihan £500 are capitalised and valued at historical cosl. Depreciation is charged
on the following basis..
Motor VehicSes
Furniture & Office Equipment
25Q/o on cost
25010 on cost

STOCKPORT CARE SCHEMES
io
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
li) Debtors
Trade and other debloTS are recoynised al settlement amount due after any trade discount offered.
Prepayments are valued al the amount prepaid nel of any trade discounts due.
(Al Credltors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of fund5 to a third party and the amount due lo settle the obligation
can be measured or eslimaled reliably. Creditors and provisions are normally recognised al their selllemenl
amount after allowing lor any trade discounts due.
Ikl Realised galns and losse5
All gains and losses are taken lo the Slalemenl of Financial Activities as they arise. Realised gains and
losses on investments are calculated as the difference between sales proceeds and their opèning
carrying values or their purchase value if acquired subsequent lo the first day ol the financial yeai.
Unrealised gains and losses are calculated as the differen¢e be￿en the fair value al the year end
and their varying value. Realised and unrealised investment gains and losses are combined in
the Statement of Financial Activities.
111 Pension5
The charity Teeognises a liability rneasured as the present value of the contributions payable that
arise from the deficit recovery agreement and the resulting expense in the income and èxpenditure account
i.e. the unwinding discount rale as a finance cost in the period in which il arises.
A provision is made for liabilities keyond the standard contributions Note 10.
Im) Contingent liabilities
There were no conlingenl liabilities al 31 st March 202412023 £nill.
In) Taxatlon
The charity will apply for an exemption lo tax on income and gains. due lo ils charitable slalus therefore
no provision for laxalion has been made in the accounts.
The charity is not registered for Value Added tax.
ol Flnancial Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial inslrumenls. Basic
financial instruments are initially recognised on a transaction value and subsequently measured al their selllement
value with the ex￿pIlon of pensions (see l above).

STOCKPORT CARE SCHEMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
2. INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted
2024
2024
Total
Funds
2024
Total
Funds
2023
Unreslriclecl
2023
Reslricled
2023
Grants & Contracts
SMBC
Motability Foundalion1£34,200 den
Didsbury OSC
154,000
154,000
54,560
500
209,060
140,000
140.000
54,560
500
154,500
54,560
140,000
140,000
3. EXPENDITURE ON CHARITABLE ACTIVITIES
Total
Funds
2024
Total
Funds
2023
Unreslricted Rèstrictèd
Funds
Funds
Unreslricled Reslricled
Funds
Funds
Rent
Staff Salaries and NIC
Staff Pensions
Recruilmenl Costs
staff Travel Expenses
Training & Conferences
Volunteer Expenses
Uniforms . Car Signs & Badges
Vehicle Expenses
DBS Checks
Advertising & Publicity
Room Hire
Activity Costs & Refreshments
Sundries
Interest Charges
Support Costs
Governance Cost5
9,325
140,614
5.124
199
192
293
65,033
9,325
140.614
5,124
199
192
293
65,033
8,811
125,455
3,753
8.811
125,455
3,753
158
158
74.765
349
3,088
208
727
98
1,536
218
55
19,965
684
239,870
74,765
349
3.088
208
727
98
1.536
218
55
19,965
684
239,870
5.408
130
5,408
130
331
1,466
316
70
20.220
708
249,429
331
1.466
316
70
20,220
708
249.429
4. ALLOCATION OF GOVERNANCE AND SUPPORT COSTS
The breakdown Df support costs and how these were allocated be￿een governance and other support
costs is shown below..
General
Support Govern8nc* Total 2024
General
Support
Governan￿ Total 2023
Computer System Maintenance
& Minor Equipment
Telephone & Internet
Insurance
Repairs.Mainlenance, H & Safety
Post, Printing & Stslionery
Subscriptions
Depreciation
Professional Fees
Pension Scheme Charges
Payroll Costs
Accouniancy Fees
2.198
3.119
1,393
2,198
3,119
1,393
3,019
2.933
1,204
113
2,550
263
6,672
1,176
1.168
867
3,019
2,933
1,204
113
2.550
263
6,672
1,176
1,168
867
684
20,649
2,452
299
7,182
1.226
1.203
1,148
2,452
299
7.182
1.226
1,203
1,148
708
20,928
708
708
20,220
19,965

STOCKPORT CARE SCHEMES
12
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
5. STAFF COSTS
2024
2023
Staff Costs..
Wages and Salaries
Pension Costs
Employers NIC
137,142
5.124
3,472
145,738
122,660
3,753
2.795
129,208
The charity employed 9 staff during the year (average number of employees during the year was 9}
with a full lime equivalent 01512023". 51. The charity considers ils key managemenl personnel
eomprises the Iru51ees, Manager and Senior Transport Organiser.
The total employment benefits, Including employer pension contributions of the key management
personnel were £48,10912023 £51,782). No employee has benefits in ex￿5$ of £60,000
6. TRUSTEES, REMUNERATION AND EXPENSES
No remuneration directly or indirectly out of the funds of the charity was paid or payable
during the year, lo any trustee or lo any persons known lo be connected with any ol them.
No trustees were paid expenses in their role a5 trustees.
Some trustees also volunteer as driversladmin support and are reimbursed mileage in their role as such.
iVlileage- four trustee5
3,211
7. TANGIBLE FIXED ASSETS
Furniture &
Office
Motor Vehicli Equipment
Total
COST al 1st April 2023
Additions
Disposals
Al 31 sl March 2024
5,995
49,962
24.651
2,039
30,646
52.001
55,957
26,690
82,647
DEPRECIATION at 1 sl April 2023
Charge for Year
Disposals
Al 31st March 2024
2,998
1,499
11,550
5,683
14,548
7,182
4,497
17,233
21,730
NET BOOK VALUE
Al 31 st March 2024
51,460
9,457
60,917
At 31 March 2023
2,997
13.101
16.098
The new vehicle had not been brought into use by 31.3.24 so no depreciation charge was made for this during
the year.
8. DEBTORS
2024
2023
Other debtors
Prepayments & Accrued Income
14,057
4.555
18,612
11,666
4.297
15,963
All prepayments and accrued income in 2024 and 2023 related lo unreslricled funds.
2024
9. LIABILITIES.. Amounts Falling Due Within One Year
2023
Other Creditors
Deferred Income
Accruals
62.014
34,200
2,659
1,335
98,873
32,936
In 2024 £34,200 related lo restricted funds. In 2023 all creditors and accruals related lo unrestricted funds.
31.601
Deferred Income
Income deferred during the year
34,200

STOCKPORT CARE SCHEMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
10. PROVISION FOR LIABILITIES
Stockport Care Schemes participates in The Pensions Trust's Growth Plan (the Plan), a mulli-ernployer scheme
which provides benefits lo some 638 non-associaled participating employers. The scheme is a defined benefit
scheme in the UK.
11 is not possible lor the company lo obtain sufficient information lo enable il to account for the scheme as a
defined benefit scheme. 11 therefore accounts for the scheme as a defined contribution scheme.
The scheme is subject lo the funding legislation outlined in the Pensions Act 2004 which came into force on
30 December 2005. This together with the documents issued by the Pension ReguSalor and Technic81 Actuarial
Standards issued by the Financial Reporting Council, sel out the framework for funding defined benefit
occupational pension schemes in the UK.
The scheme is classified as a 'lasl-man' standing arrangement. Therefore the company is potentially liable for
other participating emplrjyers, obligations if those employeis are unable to meet their share ol the scheme
deficit following withdrawal from thè scheme Participating employers are legally required lo meet their share
of the scheme deficit on an annuity purchase basis Dn withdrawal from the scheme.
A full actuarial valuation for the scheme was carried out at 30 September 2020. This actuarial valuation showed
assets of £800.3m, liabilities of £831.gm and a deficil of £31.6m.
To eliminate this funding shortFall, the Trustee has asked the participating employers lo pay additional
contributions will be paid lo the scheme as follows".
Dgficit Contributions
From 1 April 2022 10 31 January 2025
£3,312,000 per annum Ipayable monthly by increasing 3Yo each
on 1 April)
Unless a COn￿Ssion has been agreed with the Trustee the term lo 31 January 2025 applies.
Note that the scheme's previous valuation slalement was carried out with an effective dale of 30
September 2017. This valuation showed assets of £794.9m, liabilities of £926.4m and a deficit of £131.5m.
To eliminate this funding shortfall. the Trusteè has asked the partlClP8ting employers to pay additional
contributions to the scheme as follows.
Deficit Contributions
From 1 April 2019 10 30 Septembèr 2025
£11,243.000 per annum (payable monthly and increasing by 3°/0 each
on 1 April)
The recovery plan contributions are allocated to each participating employer in line with their estimated shaTe
of the Series 1 and Series 2 scheme liabilities.
Where the scheme is in deticil and where the company has agreed lo a deficit funding arrangernenl the
company recognises a liability for this obligation. The amount recognised is the nel present value of the
deficit reduction contributions payable under the agreement that relates lo the d&ficil. The present value is
calculated using Ihe discount rale detailed in these disclosures. The unwinding of the discount rate is
re¢ognised as a linanco cost.
31 March
2024
31 March
2023
Present Value of Provlslon
Present Value of Provision
854
1.828
Reconciliation of Oponing and Closlng Provisions
Provision al Start of the Period
Unwinding of the Discount Factor
Deficit Contribution Paid
Re-measuremenls - impact of any change in assumptions
Re-measuremenls - amendments to the contribution schedule
Provision al End of the Period
1,828
70
11,0451
2,867
55
11,0451
1491
854
1,828
Assumptions
Rate of Discount
5.31
5.52
The discount rates shown above are the equivalent single discount Tates which, when used lo discount the future
recovery plan contributions due, would give the Same results as using a full AA corporate bond yield curve to
discount the same recovery plan contTibutions.

STOCKPORT CARE SCHEMES
14
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
10. PROVISIONS Icont...)
Deficit Contributions
The proposed recovery plan for the Growth Plan aims lo eliminale the deficit via a combiN8tion of
additional contributions from ernloyers and Investment returns over a period 016 years from 1 April 2019.
Additional contributions are required from 1 April 2024 at a rate of £870 per annum lor 0.83 years by 30A p.a.
A provision lo cover these amounts, as discounted, has been made in the accounts.
The company musl recognise a liability measured as the present value ol the conlribulion5 payable that
arise from the deficit recovery agreement and the resulting expense in Ihe income and expenditure account
i.e. the unwinding discount rale as a finance cost in the period in which il arises.
It is these contributions that have been used lo derive the company's balan￿ sheet liability.
11. MOVEMENT IN FUNDS
Balance
at
1.4.23
Outgoing
Incl. actuarial
revaluatlons
Balance
at
31.3.24
Resources..
Transfers
Incoming
Restricted Funds..
Molabilily Foundalion1£34,200 deferred)
Unrestricted Funds."
General
Total Funds
54,560
54,560
156,686
156,686
243.062
297.622
1249,4301
1249,4301
150,318
204.878
The balance on the ThAolabilily Grant represents £49,962 spent on the new vehicle and £4,598 in unspent reserves.
The vehicle had not been brought into use by 31.3.24 $0 no depreciation has been charged. £34,200 of the
grant Is to cover revenue costs ahd this has been deferred until the vehicle comes in lo use.
Previous Year
Balance
at
1.4.22
Outgoing
incl. actuarial
revaluations
Balance
al
31.3.23
Resources.
Transfers
Incoming
Restricted Funds..
Unrestricted Funds..
General
Total Funds
163,568
163,568
232,939
232,939
1239,821)
1239,821
156,686
156.686
12. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fixed
Assets
Net Current Provision for
Assets
Liabilities
Total
2024
Restricted Funds..
Unrestricted Funds."
TOTAL FUNDS
49,962
10,955
60,917
4,598
140.217
144,815
54,560
150,318
204,878
18541
18541
Previous Year
Fixed
Assets
Nel Current Provision for
Assets
Liabilib-es
Total
2023
Restricted Funds..
UnreslTi¢led Funds..
TOTAL FUND8
16,098
16.098
142,416
142,416
{1,8281
1,8281
156,686
156,686
13. CAPITAL COMMITMENTS
2024
2023
Contracted bul not provided for
£nil
£nil

STOCKPORT CARE SCHEMES
15
INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
(for management purposes only
INCOME
Grants & Contracts..
SMBC
Motsbility Foundalion1£34,200 deferred)
Didsbury OSC
2024
2023
154,000
54,560
500
209,060
S,ODO
83,562
297,622
140,000
140,000
HMR Circle Volunteer Drivers Service- Partner Payment
Donations
92,939
232,939
EXPENDITURE:
Rent
Staff Salaries and NIC
Staff Pensions
Recruitment Costs
Staff Travel Expenses
Training & Conferences
VolLinleer Expenses
Transport
Uniforms. car signs & badges
Vehicle Expenses
Room Hire
Activity Costs & Refreshments
Advertising & Publicity
Computer System Maintenance & Minor Eqpl
Repairs,Mainlenance, Health & Safety
Telephone & Inlernel
Insuran
Post, Printing & Stationery
Subscriptions
Mis￿lIaneOUS
Depreciation
Accountancy Fees
DBS Checks
Payroll Costs
Professional Fees
Pension Scheme Charggs
Interest Charges
9,325
140.614
5.124
199
192
293
65,033
8,811
125,455
3,753
158
74.765
349
3,088
98
1,536
727
3,019
113
2.933
1,204
2,550
263
218
6,672
684
208
867
1,176
1,168
55
5,408
331
1,466
2,198
3,119
1,393
2,452
299
316
7.182
708
130
1,148
1,228
1,203
70
249,429
48,193
239.870
16,9311
Surplus (Deficit) lor Year
Actuarial Gains (Losses) on Pension Scheme
Net Surplus IDeficill for the Year
1)
48,192
49
6,882