RICHMOND CARERS CENTRE Charity No. 1092459 Registered Charity No. 1092459 Company registered number.. 4412793 Report and financial statements For the year ended 31 March 2024 GOLDWINS
Richmond Carers Centre Report and flnanclal statements For the year ended 31 March 2024 Contents Pa8e Reference and administrative information Trustees, annual report 2-12 Independent auditors, report 13-16 Statement of financial activities (incorporating an income and expenditure account) 17 Balance sheet 18 Statement of cash flows 19 Notes to the financial statements 20-28
Rlchmond Carers Centre Reference and administrative information For the year ended 31 March 2024 Trustees: Christine Hawes Chair Nichola5 Rettie Vice Chair (appointed 06109123) Sondra Tarshis Treasurer Carolyn Cullen (resigned 21103/241 Batcho Notay Michael Brownlee (resigned 31/01/241 Margaret Edwards Trustee (appointed 061091231 Harry Yates Trustee (appointed 06/09/23) Noel Gilmartin Trustee {appointed 14112/231 Ana Daruwalla Ireslgned 13105/241 Chief Executive: Melissa Wilks Company number: 4412793 Charity number: 1092459 Registered office: 5 Briar Road Twickenham Middlesex TW2 6RB wMv.richmondcarers.or Auditors: Goldwins Limited 75 Maygrove Road West Hampstead London NW6 2EG oldwins.co.uk www. Bankers Caf Bank Ltd PO Box 289 Kingshill West Malling Kent ME19 40A Page | I
Rlchmond Carers Centre Trustees- report For the year ended 31 March 2024 The trustees, who are also directors under company law, present their report and financial statements for the year ended 31 March 2024. The trustees confirm that the financial statements comply with current statutory requirements and the Statement of Recommended Practice Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. Structure, governance and management Objectives and Purpose Richmond Carers Centre IRCCI is a charitable company limited by guarantee, incorporated on 9th April 2002. The company wa5 established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount notexceeding £1. It was registered as a charity on 14th June 2002. A review of the charities. Article5 of Association took place in the previous reporting year. New Articles were approved on 19 July 2023. The charity is a network member of Carers Trust. As stated in the memorandum and articles, RCC is established for the relief of those caring, in an unpaid capacity, for people in need with physical disabilities, learning disabilitEs. mental health problems, age or illness in the London Borough of Richmond upon Thames, and other such Local Authority areas as the Trustees may See fit, by providing practtal help, service, support, advocacy, inform3rK>n and educatv)n to them. Our mission is for Richmond Carers Centre to deliver and be the gateway to direct support, information and access to services for unpaid carers in the London Borough of Richmond upon Thames. The below values drive and influence how we carry out our work. RESPONSIVE- listening, caring and empathy underpin our approach INNOVATIVE we are creative, and solution focused, using our knowledge and experience to continually improve our offer RELIABLE- integrity and respect are important to us, We will do what we Say we will. DRIVEN- we believe in what we do and strive to make a positive difference COLLABORATIVE - we are committed to working with our team, with carers and others to deliver the best service we can RCC provides support, advocacy, advice and information to unpaid carers of all ages living and caring within London Borough of Richmond upon Thames, enabling them to continue their caring roles, help to improve their health and wellbeing, prevent deterioration and breakdown of caring relationship/s, and reduce their stre55. Services include access to information and regular communication, telephone support line, one to one informal 5UPPOrt, 5UPPOrt groups, social mornings and evenings, a breaks and leisure programme for adult carers, a counselling and complementary therapy service, delivery of training programme for adult carers, young carers sUPPOrt and mentoring service, breaks and activities programme for young carers, bespoke projects and events, and a project implementing the young carers in schools programme. Pagel 2
Richmond Carers Centre Trustees. report For the year ended 31 March 2024 Trustees The trustees, who are also directors for the purposes of company law and who Served during the year and up to the date of this report, are set out on page l. Following the change to the Articles on 19 July 2023, members of the board may remain in post for a period of three years after which time they may seek re-election for a further three year period. The current board member5 may remain in post until the first board meeting in 2026. New board members can be appointed at any time in the year. These appointment5 will Sa5t for the remainder of the year in which the appointment is made and the subsequent two years until the board appointment meeting at the beginning of the fourth year. Risk Management The Trustees reviewed and updated the risk management processes using the Charity Commission guidance and adopted a new Risk Register in March 2024. Trustees consistently review the major risks to which the Charity is exposed, and where practical, take steps to guard or mitigate against them. Risks have been grouped under 5 areas governance, operational and safeguarding, financial, compliance, environmental/external. Each section is owned by a trustee, and a staged approach to reviewing each area is in place with an annual review. The trustees are satisfied that this system of analysis, planning, action and review enables them to identify major risks and that systems and strategies are in place to mitigate those risks. Key Risks (assessed as red or amber) Governance lack of direction, strategy and planning trustee body lacks relevant skills or commitment loss of key staff {CEO and senior leadership team) Mitigations review of business plan and strategic objectives with clear ownership and engagement from range of stakeholders agree model for more effective trustee15enior staff joint working to make better use of skills and knowledge and manage capacity refresh trustee recruitment and induction process including ski115 review development of people plan, with attention to leadership and succession planning Ensure all client related policies are visible and accessible Continue use of outcomes framework to capture feedback from service users Review HR policies, including volunteer related, as part of design of People Plan review volunteer recruitment approach and related policies Annual review of all safeguarding policie5, Safer recruitment plan in place, mandatory training for all staff, volunteers and trustees, implement annual interna safeguarding review Agree procedures to review and action budget/cash flow variances and monitor and control c05ts- both at strategic and operational levels Refresh fundraising strategy in line with business plan review Operational and safeguarding client dissatisfaction provision competition from similar or8anisations insufficient or inadequate volunteers ITfailure Safeguarding failure with vulnerable adults or children at service Financial Loss of control of budgets, reporting or forecasting Dependency on small number of income sources Page13
Richmond Carers Centre Trustees- report For the year ended 31 March 2024 Environmental/External Adverse publicity Cyber attack Office accommodation to agree crisis management Strategy to ensure consistency of key messages and nominated spokesperson. Links to business continuity plan. Ensure current cyber insurance is at appropriate level Review current lease arrangements and explore options to renew or identify alternative space dependant on affordability and location RCC has clear, regularly updated policies on professional good practice and on areas such as safeguarding, heaFth and safety and financial procedures. Governance structure The Board meets six times a year to review progress against the organisation's objectives. provide strategic guidance and approve management decisions. Budgets are prepared in detail and the artivities, operations and funding are subject to ongoing risk analysis and review. A scheme of delegation 15 in place and day-to-day responsibility for the provision of the services re5tS With the CEO. An Operational Manager supports the CEO, with two service specific Team Leader5 managing front line service delivery. The CEO reports regularly on both staff and business performance to trustees. The trustees, in partnership with the staff team, participate in an annual review of the charittys business plan priorities and achievements and agree themes for future attention. The trustees consider how planned activities will contribute to the aims and objectives they have set. Throughout 2024, a series of sessions have been planned with trustees and staff to develop a three year strategy for the future. Trustee induction and training On retirement or resignation of anyTrustee, the Board reviews the skills across the existing trustees to identify any gaps and will recruit to fill those Skills. Trustees are recruited through a process of advert15ement and participation at local volunteer recruitment sessions. followed always by application and interview by a Committee, with the aim of securing a good range of experience and skills for the Trustee board. There are no outside bodies entitled to appoint Trustees. New Trustees are inducted through visits to services,. governance documents including the chariWs Memorandum and Articles and the Charity Commission's guide The Essential Trustee,; opportunities to attend training on governance and the Trustee role and all aspetts of unpaid carers,. a Trustee Induction pack- and the provision of policies including Risk Management, Safeguardin& Financial Procedures, Equality and Diversity, Confidentiality, Conflict of Interest and Anti-Bribery. All Trustees are required to undertake safeguarding training. OneTrustee is designated the Safeguarding Lead, ensuring the Board has sight and understanding of safeguarding issues, policy and procedures and their implementation. Staff receive appropriate trainin& and compliance and standards of performance are monitored through the appraisal and supervision process and reported quarterly. Page14
Richmond Carers Centre Trustees. report For the year ended 31 March 2024 Governance and Quality RCC maintains two quaSity marks Improving Quality (Progresslon Level} (awarded in October 20221 and Carers Trust Excellence for Carers Quality Award {awarded May 20241. We will be focusing on recommendations to expand our reach into the wider local voluntary sector and exploring new funding techniques to build on our fundraising strategy. A fu51 review and audit against both of these standards is carried out every three years. The Board continues to review the charity's governance against the Charity Governance Code. Staff Renumeration Staff remuneration is reviewed an n ually by the Board considering the rate of inflation, salaries in similar roles and taking into account the organlsation's financial position. The Board has adopted the London Living Wage. A Workplace Pension scheme 15 available to all staff, with a minimum staff contribution of 5% matched by an Employer contribution to a maximum of 4%. Staff Development There were 15 full and part-time staff in 2023/24. All staff have access to training throughout the year, both mandatory and specialist as required. All staff undertake training in Safeguarding and relevant financial processes. Staff Wellbeing champion5 were appointed in 2023, and we are working together to deliver an annual wellbeing plan to support staff wellbeing and happiness in the workplace. The organisation was also supported by 17 volunteers {including Trustees) who receive relevant training and development. RCC'S local and national partners RCC is a Network Partner of Carers Trust but is an independent or8anisation. Limited funding is received from Carers Trust through applications for grants. Through membership fees, Carers Trust provides a range of support including information and research, training opportunities, funding opportunities, leadership and guidance, strategic support. Access to information and resources is provided through the Carers Trust intranet (The Knowledge Hub}, through an annual online/face to fa Network Partner Conference, and regular topic based workshopslmeetings. RCC is currently working with a number of London Carers Centres in Southwest London with a focus on relationship development and understanding of recently formed Integrated Care Partnerships. Locally, RCC is actively involved in a number of groups to ensure the voice of unpaid carers is heard across the health and social care sector and it influences policy and service review and development. RCC co-chairs with the Local Authority the Carers Strategy Reference Group. Other groups include Carers Lead role on the Richmond Place Based Partnership Committee, Integrated Care System's involvement group Community Voices Richmond, Local Authority's Care and Support Partnership Board, local Health and Wellbeing Network, Carer Champion Meetings, and more. RCC works in partnership with other local charities (Richmond and Kingston Crossroads Care, Hornelink Day Services, Addiction Support and CareAgency (ASCA>, Richmond Borough Mind, Integrated Neurological Society (INS), in the provision of local services. This partnership is in the form of a contracted service led by RCC with these local charities delivering subcontracted specialist work. Page15
Richmond Carers Centre Trustees- report For the year ended 31 March 2024 Key Achievements in 2023/2024 This was the charivs twenty-second year of operation. RCC continued to make good progress towards realising its vision- Yo know and be known by all local carers, providing or infl uenci ng the provision of support for them,. The Charity develops a separate short Impact Report every year which includes qualitative and quantitative results against outcomes indicators showing carer perception about the irnpact and difference support has made to them. Highlights in this year: l. Reaching more than 2,700 carers through services. 8% increase on the previou5 year. 2. Selected as one of three local charities by Richmond Voluntary Fund to raise money to support servi5 foryoung carers and increase opportunities forthem to have a break. This resulted in an increase of almost 40% in the number of breaks delivered and 3 35% increase in the engagement of young carers. 3. Further expansion of an ambitious activities programmes for adult to support them with access to a break, reduce feelings of i501ation and loneliness, learn new skills, and develop relationships with others. 4, Achieving Carers Trust - Excellence for Carers Award. This is awarded to partner charities (Network Partners) within the Carer5 Trust Network who are able to demonstrate both an existing excellence of service to unpaid carer5 and a culture that fosters continuous improvement and striving for excellence. We were assessed and recommended for this award in March 2024 and received incredibly positive feedback about the services and support we provide to adult and young carers. We have held this award since its introduction in 2012. The award was formally ratified by Carers Trust Board in May 2024. 5. Working in partnership with Kingston Hospital NHS Trust to design and implement a Carers Clinical Liaison Service within the Hospital to support with the identificatlon and recognition of unpaid carers and to proactively deliver support carers through often complex discharge processe5. Strategic Objectives for 2021-2024 The Trustees reviewed the Strategic Objectives set in 2022123, agreed that the priorities remain appropriate for 2024/25. A plan is in place to carry out a comprehensive review of RCC'S Business Plan throughout 2024. RCC continued its focus on the delivery of a blended model of support for adult and young carers. This rnodel offers carers a choice about how to receive support and information online, face to face and on the telephone. RCC continues to lead the delivery of the Carers Hub Service. The London Borough of Richmond upon Thames (LBRUT) commissioned this service. The contract 15 led by RCC with five local voluntary sector organisations sub-contracted to deliver specialist elements of the service specifically targeting dementia, neurological condition5. addiction, and mental health. The services offered to carers include universal and specialist information, emotional support for individuals and small groups, a range of formal and informal respite and facilitated break activities, individual grants to support carers to have a break, training for adult carers, specialist support for young carers, a caring café for carers and people living with dementia, professional Page16
Richmond Carers Centre Trustees" report For the year ended 31 March 2024 awareness, the promotion of engagement opportunities and strategic leadership. A decision was made to re- award this contract as 3 direct award for a further 4 years from August 2024. The charity focused on the following business plan objective5: l. Deliver and further develo services for carers As at April 2024, 2,538 carers were registered with RCC. 30% of carers reglstered have ider)tified themselves as BAME. 30% of carers are male, and 68% female. 24% are young carers {under 18 years of age). The number of young carer5 known to RCC has increased by IO% and the number of adult carers by 5%. There has continued to be a growth in the referral of new carers, having an impact on overall capaclty to manage increasing demand, Over the 12 month period, 680 new referrals1507 adults and 173 young carers) were received lan Increase of 52% on the previous year), and 6,039 contacts were held with carers (34% increase on previous yearl, providing information, advice and listening support. RCC continued to offer a minimum of 30 hours per week of advice and support over the telephone and online. However, with very high levels of demand for information and advice continuing, the number of hour5 of delivery per week remains high. In addition to information and advice, informal emotional support was provided on a I:1 basi5. A total of 482 140% increase) sessions were provided for adult carers and 187 for young carers. Adult carers continued to have access to counselling, with over 501 session$1243% increase on the previous yearl delivered either face to face or online, An active recruitment process resulted in an increase in the number of volunteer counsellors in our team which helped achieve this result. Over 100 adult carers participated in 32 online and face to face training sessions covering a range of topics from health and wellbeing to rights and entitlements. comprehensive range of leisure and group 5UPPOrt activities were delivered for adult and young carers providing over 2,580 breaks. Young carers continued to access mentoring support. The second year of the Young Carers in Schools project has continued to have a positive impact on the identification of young carers within education environments. 21 partnership schools have actively engaged in the programme with 616 education professionals attending bespoke training as part of the programme. This has resulted in a significant increase in referrals of young carers identified by their school. RCC continued to engage with local health, social care, voluntary sector and education professionals with focus on improving the identification, recognition and support for unpaid carers. 29 individual and group sessions were delivered to 399 professionals. RCC delivered a range of events for adult and young carers. Examples of these include events to celebrate Carers Week and Young Carers Action Day. RCC a150 participated in a range of local events to promote the service and to engage with the wider community and health, social care and voluntary sector, Page | 7
Richmond Carers Contre Trustees" report For the year ended 31 March 2024 2. Be the strate ic focus to influence services and outcomes for carers RCC remains the local lead for the delivery of universal services for adult and young carer5, through actively participating in loca I change activity with a clear focus on influencing the development of local services for unpaid carers. RCC also participates in local review and engagement meetings concerning commissioned services. RCC communicates regularly with local statutory and voluntary sector organisations regarding local services, national carer focused policy activity and information. RCC represented the sector and the voice of unpaid carer5 through participation in several key Strategic health. social care and volunt3ry5ector groups and forums. This included co-chairing the Richmond Carers Strategy Reference Group and participating as carer lead on Richmond Place Based Partnership Committee. RCC continued to support the carer representative on the Richmond Health and Wellbeing Board and was actively involved in recruiting and inducting a second carer to support this role. RCC supported the development of two successful carer specific project bids funded through the Accelerating Reform Fund and continue5 to be part of a steering committee with oversight of the two projects. Both projects are working to influence change across Local Authority boundaries in the six boroughs in Southwest London. Carers can choose to receive information from RCC about opportunities to participate in local and national engagement activities and events and to take part in shaping services that are relevant to them. 629 carer5 are signed up to receive this targeted information. A range of opportunities were promoted to carers to share their experience and knowledge and help review and shape service provision. RCC in partnership with Richmond Local Authority, will be working throughout 2024 to review the Local Carers Strategy London 8orough of Richmond upon Thames ILBRUT). 3. Ensure the use of a variet of channels of communication to deliver inform and en rofessionals e carers and RCC makes use of a variety of communication channels to keep carers and other stakeholders informed. Regular service and information updates are shared with carers and professionals, with social media activity supporting our ability to communicate key messages from RCC and from other relevant partners. A text message service is in place to liaise with carers in relation to bookings for support, activities, breaks and training. RCC website is currently undergoing review to improve carer experience and enhance the quality of its content. This is a long-term piece of work. RCC is also planning to review our communication strategy and the telephone provision for the organisation. 4. Activel lan to attract a ran e of fundin from a variet of sources RCC has continued to receive income from local charities and would like to thank the following organisations for their continued support - Richmond Parish Lands Charity, The Barnes Fund and Hampton Fund. Without the support of these organisations, RCC would not be able to deliver elements of the essential support to adult and young unpaid carers that it currently provides. Page18
Richmond Carers Centre Trustees" report Forthe year ended 31 March 2024 RCC continued to work hard to attract donations and received income from a variety of sources to support young carers and adult group leisure breaks/activities, large annual events and specific elements of our support offer (for example Counselling provision). This has resulted in an increase in donations in this reporting year. Support continued to be provided to individual carers to applyfor individual grants from a range of grant givers to support with financial need. This also included the management of a number of small grant prograrnmes to financially support individual adult carers with emergency grants, employment, education and training, wellbeing, access to respite breaks, the reduction of debtand to meetother household needs. Carer5 continue to be affected by cost-of-living issues and inabilty to access a break. 158 individual grants were issued to carers plus 140 food bank vouchers. Carer5 were actively connected to support available in the borough to help with the cost of living and other specialist financial advice. 5. Develo Workforce Paid and Volunta and Ca acit RCC contlnues to offer a blended service to carer5, having a range of choices for engagement and support. Staff also continue to have a flexible working schedule with a minimum of 60% of work time expected to be office based. RCC continued its commitment to the training and development of staff. It supported staff performance through annual reviews 3nd 5upervi5ion meetings. During this reporting period, there were several changes to staffing. RCC recruited a number of new staff to the staff team to roles of Adult Carers Activity Coordinator, Adult Carer Support Team Leader and newly introduced Office Administrator. Active recruitment began to fill vacancie5 for a Schools Project Worker and Young Carers Support Worker. Recruitment of additional volunteer counsellors was successful enabling growth in this team, and through 2024 RCC will be looking to engage more volunteers to support with delivery of breaks. All staff had access to an Employee Assistance Scheme through Richmond upon Thames Local Authority and a number of other useful resources to increase access to emotional and practical support and enhance wellbeing at work. RCC introduced a Staff Wellbeing Plan in 2023 led by staff wellbeing champions. This survey looked at staff perception of support, belonging, wellbeing, learning, reward and communication. An annual people pulse survey was introduced and the results of these will be used to develop a People Plan as part of the Business Plan review process. RCC continues to invest in the organisation's IT capacity and the Business Continuity Plan is reviewed annually. 6. Continue ualit service delive rovement and kee buildin on variet of methods to inform us about the ualit of RCC maintains two quality marks Improving Quality (Progression Level) (awarded in October 2022) and Carers Trust Excellence for Carers Quality Award (awarded May 20241. We will be focusing on recommendations to expand our reach into the wider local voluntary sector and exploring new funding Page19
Richmond Carers Centre Trustees" report For the year ended 31 March 2024 techniquesto build on ourfundraising strategy. Afull review and auditagainstthe Improving Qualitystandards is due in October 2025. Feedback from carers who use our services is highly valued. We use this feedback to influence our planning, recognise success, review our service offer and stimulate change and improvement. Carers were invited to a number of facilitated focus groups to share their views and sUPPOrt service development and review. RCC continues to Use an outcomes framework to measure carer perption of the impact and difference the service is making for unpaid carers. We gather feedback from carers who use our services both throughout the year and on an annual basis dependent on the nature of the service. Financial review In the yearto 31 March 2024, income. primarilyfrom the contract with the LBRUTto provide services to unpaid carers in the borough and from other grants and donations provided with the aim of sUPPOrting unpaid carers, was £927,020 compared to £841,153 in 2023. The IOYO increase reflects the inflation increase in contractual income and additional grants and donations received in the year. In the year, expenditure was £928,668 compared to £841,366 in 2023. The IO% increase also reflects the inflation increase to sub-contractors as well as higher staff salaries and general cost increases. As a result, RCC had a deficit of £1,64812023 deficit £2131 and will need to continue to look to generate additional funds and carefully manage expenditure. The total funds retained were £445,698 as at 31 March 2024 compared to £447,346 as at 31 March 2023, reflecting the deficit for the year. Total funds as at 31 March 2024 consists of £66,896 of restricted funds, and £378,802 of unrestricted funds. During the year, the fund designated funds for IT and property maintenance of £30,000 and the Covid reserve of £31,360 were transferred to unrestricted funds to simplify the reporting and better manage the overall level of reserves within the reserves policy. Unrestricted funds, including the designated fund and the Covid reserve have increased from £366,989 to 378,802 and restricted funds have decreased from £80,357 to £66,896 reflecting the increase in services and activities in the year. Investment policy Cash balances are automatically managed between the interest-bearing CAF Gold account and the CAF Current Account to meet cash flow requirements. Funds not needed for immediate use are invested in on demand and term deposits with reputsble banks and building societies to generate interest. Reserves Policy RCC holds reserves to increase resilience in times of uncertainty. to provide a temporary buffer if funding is lost, and to cover any future potential liabilities that are not provided for in the accounts. Page | 10
Richmond Carers Centre Trustees" report For the year ended 31 March 2024 RCC'S funding model is a mixed one, with substantial funding coming from statutory bodies such as the London Borough of Richmond, and the majority of the rest from non-statutory grants and donations. Through building fundraising activity we are trying to increase the level of income generated from donation5 and other sources in order to provide fund5 for new projects as well as ensuring that all overheads are covered. Some projects are funded by a sole funder, others may be funded by a mixture of funders. If funding for a particular project is lost, reserves may be used while alternative funding is sought, but if this is not posslble the project would generally be terminated. The Board reviews risk5 to funding on a regular basis and has contingency plans for the loss of funding. The target reserves are set between 4 and 6 months of budgeted expenditure, including rent, salaries and payments to sub-contractors. Total unrestricted funds at 31 March 2024 were £378,802, amounting to 4.8 months of budgeted expenditure. Going Concern The trustees have considered RCC'S cash position and budgetfor the nextfinancial year a5 well as the fact that the Carers Hub Service contract from LBRUT, which provides the majority of funding, has been renewed from l August 2024 for four years. The trustees believe that the charity has a reasonable expectation of having sufficient resources to continue in operation for the foreseeable future. Accordingly, the trustees continue to adopt the going concern basis of preparation of the accounts. Thank you to our funders and fundraisers We of course could not offer the services or have the same impact without the support of our funders and donors, and those who give their support in kind. They are acknowledged below and we thank them all most sincerely. In addition, we would like to thank those funders who wish to remain anonymous. Achieving for Children Carers Trust l Get Lucky Local Hampton Fund Individual donors Kew Village Market Kew Rotary Kingston Hospital NHS London Borough of Richmond Upon Thames Richmond Charities Richmond Parish Lands Charity Richmond Voluntary Fund Southwest London Integrated Care Board The Barnes Fund Stephen Clarke Charitable Settlement 1965 Statement of responsibil ities of the trustees The trustees are responsible for preparing the trustees, annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). Charity 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 resources and application of resources, including the income and expenditure, of the charitable company for that period. I n preparing these financial statements, the trustees are required to: Page | 11
Richmond Carers Centre Trustees" report For the year ended 31 March 2024 Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP Make judgements and estimates that are reasonable and prudent State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements Prepare the financial statements on the going conrn basis unless it 15 inappropriate to presume that the charity will continue in operation The trustees are responsible for keepinE proper accounting record5 that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps forthe prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the chariws website. Legislation in the United Kingdom governing the preparation and dissemination of flnanci31 statements may differ from legislation in other jurisdictions. Statement as to disclosure to our auditor5 The Trustees in office at the date of approval of this report have confirmed that 3$ far as they are aware there is no relevant audit information of which the charity's auditors are unaware. Each of the trustees has confirmed they have taken all steps thatthey ought to have taken as Trustees to make themselves aware of any relevant audit information and to establish that it has been communicated to the auditor. Auditors Goldwins limited were appointed as the auditors of the charity during the year and have expressed their willingness to continue in that capacity. The trustee5' annual report has been approved by the tru5tee5 On .... and signed on their behalf by; Christine Hawes Chair of Trustees Page112
Indopondent Auditorfs Report To the m•mbors of Rlchmond Carers Centre Oplnlon We have audited the financial stslements of Richmond Carers Centre for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, statement of cash flows and the related notes. The financial reporting framework thal has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generalty Accepted Accounting Practice). Oplnlon on flnanclal statements In our opinion the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its income and expenditure for the year then ended.. have been properly prepared in accordarKe with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance wilh the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International SlarKlards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those stsndards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial slatements in the UK, including the FRC'S Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ConGluslon8 rèlating to going conc•m In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve monlhs from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with r8spe¢t to going concem are described in the relevant sections of this report. othor Inforniatlon The trustees are responsible for the other infomiation. The other information comprises the information included in thg annual report other than the financial ststements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, We do not express any form of assurance conclusion thereon. 13
Independent Audltoffs Roport To the members of Rlchmond Carors Centre In connection viith our audit of the financlal statements, our responsib115ty Is to read the other infonnation and, in doing so, consider whether the other infomiation is materially Inconsistent with the financial statements or our knowledge obtained In the audit or otherwise appears to be materially misstated. If we identify such material inconsistencles or apparent material mSsstatements, we are required to determine whether thare is a material misstatement in the financlal statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misststement of this other infomiation, we are required to report that fact. We have nothing to report in this regard. Oplnlon on other matter prns¢ribed by t Companlos Act 2006 In our opinion, based on the work undertaken in the course of Ihe audit: the infom8tion given in the trustees, report {incorporallng the directors. report) for the financial year for which the financial statements are prepared is conslstent with the financial statements. and the trustees, report (incorporating the directors, report) have been prepared In accordance with applicable lagal requirements. Mattors on which wo ar• requlr•d to r•port by •x¢eptlon 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 misstatsments in the Trustees, Annual Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if. in our opinlon: adequate accounting records have not been kept or returns adequate for our audit have not been received from branches rM)t vistted by us; or the financial statements are not in agreement 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. Responslbllltlos of th• trustses As explained more fully In the Trustees, Responsibilities Slatement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair vlew and for such Intemal control as they determine is necessary to enable the preparation of financlal statements that are free from material mlsstatemenL whether due to fraud or error. 14
Independent Auditorfs Roport To the mgmbers of Richmond Carers Cen In preparing the financial statements, the trustees are responsible for assessing the Charlty's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidale the Charity or to cease operations, or have no realistic altemative but to do so. Our rnspon$lbllltl•$ for th• audlt of the flnanclal sLitoments Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditorfs report that indudes 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 always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures In line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below. In identifying and assessing risks of material mlsstatement In respect of irregularlties, including fraLKI and non-compliance with laws and regulatlons, our procedures included the followlng.. We enquired of management. which included obtaining and reviewing supporting documentation, concerning the charity's policies and procedures relating to: Detecting. evaluating, and complylng wlth laws and regulatlons and whether they were aware of any instances of non-compliance" Detecting of the risks of fraud and responding whether they have knowledge of any actual or suspected fraud. The internal controls in place to mitigate risks related to fraud or non-compliance with laws and regulations. We obtained an understanding of the legal 8nd regulatory framework that the charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience. We performed analytical procedures to detect any unusual or unexpected relalionships that may indicate risks of material misstatement due to fraud. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularilies, induding those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery. collusion. omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is kncated on the Financial Reporting Council's website at: www.frc.org.uklauditorsresponsibilities. This description forms part of our auditorfs report. 15
Indopendont Audltorfs Report To tho m•mbers of Rlchmond Carers Centrn Uso of our report This report is made solely to the charitable company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 21)06. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them In an auditor's report and for no other purpose. To the fullest extent permitted by law. we do not a¢pt or assume responsibility to anyone other than the charity and the charlty's members as a body. for our audit work, for this report, or for Ihe opinions we have fomed. 8 August 2024 Anthony Epton (S•nlor Statutory Audltor) for and on behalf of Goldwlns Llmlted Stalutory Audltor Chart•red Accountants 75 Maygrovfr Road West Hampstead London NW6 2EG 16
Richmond Carors Contrn stat•mont of financial activities (incorporating an income and expenditure account) For the yaar and 31 March 2024 2024 Total funds 2023 Total funds UnrMtrIGt•d RestrlGted funds funds Donations and legacies Income from trading actlvltles Charitable activltles Investment Income 123.210 10,247 583,742 15,650 194,171 317,381 10,247 583,742 15,650 267,728 26,034 543,427 3.964 Total Incom• 732,849 194,171 927,020 841,153 Exp•nditurn (. Charitable activiti8s 721,036 207.632 928.668 841,366 Totsl •xp•ndlturn 721.036 207,632 928.668 841.366 Not {•xp•ndlturn)Ilncomo boforn not galns I (lomu) on Investments 11.813 {13,481} (1.648) (213) Net galnsl(losses} on Inveslments Total gaIn(lo$S•S) on Inv••tmonts Net Incom(•xPondltur•) for tho year 11.813 (13.461) (1,648) (213) Transfers between fijnds N•t Incomel(•xpendlturn} boforn other r•cognl8ed galns and10s8OB 11,813 (13.461) {1,648) (213) RKonGlllatlon of funds: Total funds brought forward 366.989 80,357 447,346 447,559 Total funds canlad forward 378.802 66,896 445,698 447,346 All of the above Trsults are d8rivgd from contlnulng actlvltles. Ther8 were no other r8cognls8d galr*8 or losses other than those stated above. The attached notes form part of these financial statements. 17
Rlchmond Carers Contr• Balance 8h•et As at 31 March 2024 2024 2023 2023 Flx•d a8$0ts: Tangible assets 11 1,563 1,563 Curr•nt as80ts: Debtors Cash at bank and in hand 555 12 33.314 729.404 762,718 32.384 513.239 545,623 Ll•bllltl•8: Creditors: amounts falling due within on6 year 13 317.575 99.840 N•t curr•nl assots 445.143 445.783 Total not ass•ts 444698 447,346 Fur Restricted funds Unrestricted funds: General fijnds Total unrestrlcted fund8 13 66M96 80.357 378.802 366,989 378.802 366.989 Totsl fvnds 445.698 447,346 The Financial Statements were approved by the Board on .. . . C Hawes Twstee S Tarshis Truste8 Jli Company Yeglstratlon no. IM412793 The atlached notes fomi part of th8 financial statements. 18
Rkhmond Caror8 Contro For tho y•ar ended 31 March 2024 2024 2023 Cash fifyws from opgrallng •¢lMll•t: Net cash provlded by l (used inl oporaling athitses 16 216,165 {4,9221 Intere$V renv dividends from Investments Salel Ipurohasel of fixed assets Salel IpurGha$g1 of investments (1,249) Calh wovld•d by l (u8•d In} IThw8llng actlvlti (1.249) Cash Ilws from flnwkng a¢tMUe•: Repwents of borrowlng Cash Inflows from new rrOwIng Re¢¢ipt of endowff*nt Cuh prwld•d by l (uwl In) fln•n¢ln9 actl¥Mle8 Chang• kn ¢ash and •q•Th In th• y•ar 216.165 (6.171) Cash and cash equivalents at th8 beginning ofts yéar Charwje In cash and cash gquivalents due to exchange rate movement8 513,239 519.410 Cash and ¢a•h •qul¥ahnt• at th• end ol tho y•ar 17 729,404 513,239 19
Rl¢hmond Caror8 Contr Notss to tho flnanGlal statsm•nts For lh• year •ndgd 31 March 2024 1 AÉ¢ounllno poll¢ie¥ a) Ba¥1• of pr•paratlon The financial statements have be8n prepared in accordan Accthnting and Repolting by Charities.. Slatement of Recommended Pracaie• applie8ble to charities preparing their aecounts in accordance wth ihè Financial Reporting Standard applicabl8 in the UK and Republrc of Ireland IFRS 102 - effective l January 2015)- {Charities SORP FRS 102} and the Cornp3ni8s Act 2006. The charflable company meets the definition of a publc benefft enlty under FRS 102. Assets and118bililies are inltially rec4Jgnisad at historical 1st ortransaction value unless otherwise slated in the relevant accountiNJ policy note. b) Golng eoncorn The trustees hav8 consid&red RCC'S cash position and budget for Ihe n•xt Ilnaneial year a$ well as the fact th81 the Cargrs SeNke contract from LBRUT, whl¢h provldes the m8jority of funding. hos been renew8d fr 1 August 2024 for lour yoars. Thè truslaes beli&ve that the charfty ha$ 8 reasonable eX¢tIOn of having 8ufficignt resources to continue in oparallon for the foreseeablè lutur8. A¢cordingly, the trustees continuè lo adopt the going cKJn¢8rn basis of preparafjon of the accounts. cl In¢om• Voiuntary ino)m• Indudlng donallons and grants that pnjvidfr core fiJrKling or e of a general naluro Is rewnised wherfr thero is ontlllèmènt, eertainty of recèipt and the amount can be measured wrth sufficient roliaixlity. Def•rred Incom& represents amounts raeeived forfLrture pariods and is roleased to inc¢ming re8ource$ in the pertod forwhich It has b8en received. Su¢h income 15 onty deferr&d when:. Th8 dOrr specrfies that the grant or donation mu81 only be use(J in future acc%)unling periods, or The donor has irnp08ed conditions which must be rrt bore The charity has unconditional entitl8rnenl. Investment income is racognised on a r0ceivab basis. Income from charitabl8 8Ctivities includes incom• recognised as earned (that is. as the relat8d good$ or servicos are provided). d) Intorast 1Vab Interest on funds held on deposit Is includèd when CeIVable and the amount can be measured reliably by the ch8fity.' thSs Is noMllY upon notsficabon of the inl8rest paid or payable by the bank. •) Fund 4¢¢ounllng Unr8slrl¢tsd funds are availablg to Spend on a¢tivltkn8 that further any of the purposes of charfty. D855gnate(S fvnds are unrestricted funds of the charity which the trustees have d8¢lded at their discretton to sel aside to us8 for a speciflc purpos8. R8stri¢ted funds ara donallons which Ihe dorKf has sp8cifi&d aTg lo be sololy used for parbcular areas of the d)arity's work or for spwfic proj8cts being undertaken by the charlty. 20
Rl¢hmond Carera Contre Notas to th• flnanclal statsm•nts Fty th• y•ar •nd•d 31 Mar¢h 2024 1 Acc0thry9 poll¢hi (eoJrtlnu•d fj Exp•ndltuTr and IrrKov•rabl• VAT Llabdities are recognlsed as soon as there is a legal or nstrUC(1Ve oblsgauon o)mmitting the charity to the expenditure. All expendilure is accounted for on an accnjals basis and has been classtrd under heading5 that aggregate all costs lated to the c8t¥gory. Costs of generating funds a the costs of trading for fundraising purpos8s. Charitable expenditure comprises those costs Incurred by the charity in the dellvery of its activitiès and servlces for its beneficiaries. It IdeS both costs that can be allocated directly lo such activities and th058 costs of an indirect nature necessary to suppori tham. Grants payoble are payments mode to third pariies in the futherance of the charitable obiectsves. Whoro Ihe ¢h8rity gNes a grantwith condit#)ns for Its paymènt being a spaciftc lev81 of $8rvice or output to be provtded. such grants only recogni$8d in th8 SOFA once th recIpnI of the grant has provlded the sp8cffl¢ s•Nlc• or oulpuL g) Op•r*lng l•a$•¥ Rentsl charges are charged on 8 straight li basis ovgr ths tem of thg194$8. h) Trylbl• flx•d aM•ts Depreciation is provlded at rale8 C8lculalod to wite down the cost of each 888et to its estimated residual value over ts expected u5efiJl life. The depreoialion Tates in use are as follows.. FixlufOS and fittings 33% 8lraighl line Individual fixed assets ctssting £500 or more aro inilialty re¢ordod at cost. 11 D•btorn Trade and otheT dèbtors are recognised at the settthent afnounl after any trade discount offered. Prepayments are valLSed at the amount prepaid net of any trade discounts due. J) Cash at bank and In hand Cash al bank and cash in hand includes cash and shryt temi hTrghly liquid investments with a short maturity of three monlhs or IS from the date of acquisiticffl or opening of the deposit or sirnilar account. Cr•dltors and PTovl8lons Cr&Jitors and provisions arè recognisad wh8r8 the charity has a present Oblon resulllng from a past event that wlll probably result In the transfer of funds lo 8 third paty and tho amount due lo settle tho obl19alK can be measured or estimalod ffjli8bly. Creditors and pmw$ion$ are nonnally recognisgd 81 their sottloment amount after alowing for any trade discounts due. 11 Pgnslon• The charity operate5 a defined contribution pension scheme. Contributions are ¢hargod In the slatsmont of finan¢ial aotivit as they beco payablg in ardance th the rul6s of the schemè. 21
Rkhmond Carérs Contr• Not•s to tho flnan¢lal 8tat•ménts For th• y•ar ond•d 31 March 2024 2023 Total Donatbns Income from tradlng activftlgs Charftabb activlles Irhvestrnent In(Me 114.131 153.597 21.725 267,728 28,034 $43,427 543,427 665.831 175,322 841,153 Eup•rrfMur• on: chaAtab a¢tiviti•s 700.$68 140,798 841.368 Total •xp•ndIrn 700.568 140.798 841,366 Not (gXpBndltyr•ylnm• b•for• n•t galnl 1kn•¥gB} on Inv•BtThnts 134.73n 34.524 1213} galn81llo•Bo81 ¢>n Inv•51rn•nts Totsl galWIM••l on Inv•slM•nts N•t In1•Xp•ndI1UT•) forth• y•ar Transfer5 b8Nveen funds t4•t mov•m•nt In lun 134.7371 34.524 12131 134,7371 34.524 1213} R•¢erallOn of fvnd•: Total fvnds ght forward Total fund• l•d fgrw•nl 401.726 45.833 80,357 447,559 447,346 3 0on•llt)rvJ and hyAd•s 2023 Total Total Unre9trictsd Rè¥tthfed Don8tiorrJ Gr•b)t&' The Bam85 Fund LBRUT Educauon and Chlldr6n Haryjlon Fund Rkhmond Parlsh Lands Charlty Othtr Granis 3.784 3,798 5.300 2,000 103,208 4,167 2.000 70.6 14,142 63.222 4.167 64.000 70.086 62.475 62.000 55,660 1,878 48,333 61.625 83,501 123310 317.311 114,131 1S3,597 267,728 4 from trnolno •dvMI•• 2024 Total Unr•striBt8d ReslrfGted Unfastrted 2W23 Total R8sIriLd Even 10.247 11247 4,309 21,725 26.034 10347 10.247 4,309 21.725 $ Chthabh ¢lMtI•• 21b24 Total Unrestricted 20fd Total Unr6stri(ed Restr Ra$lrfcted Contrathal Income from Governmt or bIl¢AUthOl•S 583.742 683.742 $43,427 543,427 581742 J83,742 543.427 543.427 2024 Totsl Unrèslricted Unraslrkted 2023 Re91rict8d Restrfthd Interest Room hire 142QO 2,450 14200 14650 148fQ
Rl¢hmond Car•rn C•ntr• Not•$ to th• IlnMKl•l statomonts Forth• y•ar •nd•d 31 Mareh 2024 DlrnGt ¢mts Granl FdIng ofAthIIès 20.640 211857 278,043 15,669 269,254 435.930 101,220 201,853 31W7 Estst4shment Costs 7.414 16.000 37,764 34,382 45,190 52,953 41.713 I0 21,082 Dgpreoall)n Legal and Prof•$6knnai Costs Audtor8' Rerywnornlon Tru¥teo Ewnse$ 1.103 S.934 4373 5AOO 149 1101• 13 72 s27.5 59J,448 10.630 841.366 2.940 7.691 110,630} T0tsl•xpndlrt 841.366 Olthe total eyoondi¢ura £721.036 was unr8Strkted {2tr23.. £700,568) and £207,632 ie8lrfcted12023.. £140.7981. 7a AMty•t• of •XpMdlr• Iprfory CharItae acb¥itiBs to rvlGH aonm•hK• T•t•l 2022 Tot41 Dlr•¢t¢ Grart Fundin9 dAthIUo$ Other DI¢1 ¢psts 15,689 246,744 252,670 15.e69 2Bg,254 435,930 12,864 J7,O44 22.510 183,380 Estsblishm•nt Costs ¢)th• E)¥¢$ Deprndau Leyal •nd Prots&4onBI C08ts Audttors, R8mun8r8tlon Tru818e Expenses Bk Chw98S 8.M6 13,247 44.267 28,466 52.953 41,713 2,0 21,062 1,800 13 72 45.861 39,046 2,670 7,8 1,8 10,408 8.722 1,800 13 72 114 229.737 601,022 10,807 1,368 702272 Go¥em$nLX 2.933 774 110,6071 Tot•1 141.361 702.272 Oltt*t¢tsl wendknre £700,568 was unrestthttd12022.. £5n,14418nd È140,798 w89 r88tr1Ll8d12022: £129,128). 23
Rlchmond Car•rs Cènts Not68 to th• flnan¢lal statomonts For th• year ondod 31 March 2024 Not In¢om• l {•xp•ndllurn) forth• ye This is stated after charglng I (cding). Deprecialb)n Audit fees 2024 2023 1.008 4000 2,900 1,800 An•lyth of •taft ¢94t•. tN•t•• r•mw•r&tlon #nd •xpenMs, and th• ¢o•tol k•y rn•naoom•nt wsonn•l staff wore a8 follows.. 21124 Salaries and wag•$ Sotsal security cAts Empw• p•n8lon 431,374 37,688 10,834 479, 389,145 35.145 11,640 43 ,930 Tho average numb8r of employees was.. 2024 No. 2023 No. 10 Dlr•ct Provislon of Sgrvices to Carers SuppyL $$rvl&• dèvelopment ond admlnlslrltion 14 14 No •nwloy80, indudlng th8 CEO. reegived emolvm8nts amounting to over £60.oc durlrKJ thè cuttent year12023'. nlll. The charity tru$l8e5 wore not paid or received 8ny other bonefits from emplont wth th8 charity in the year12023.' nill. No charity twstee recelved payment for protessional or other servi$ supplied ta the charity12023.' nill. Trust èxpenses of£149 were paid12023- £131 10 T•xodon The chari¢oble company Is &xempt from corporation tsx as am its Incom8 Is charilab gnd is applied for charitable purpose$. 11 Tanglbhfixad ••#•ts Fixlur8$ and fftling$ ¢t Al the stort of th• year Addlllons in yaar Oisposals in year Al the and of tho year 26.609 26,609 4609 D•pre¢lthn Atthe srt0fthe ya Chorge for the year Elimlnated on disFMxal Al tha •nd of thè year 25.IM8 26,054 26,054 Not bookvalu• At the gnd of lh• y8ar 555 $55 Al the sthrt of tha year 1,563 12 Dobknm 1024 2023 Oth•i Dobtor8, PrepaYrrts and Accad In¢orn8 33.314 33,314 32,384 32,384 13 Cr•(¥tor•: •rnounts l•llng du• Twknln on• y••r 2024 2023 Trade Credhors Taxathjn and Socfgl seIlty Ae¢ruals a1 Defaff¢d incomo 23,15 10,745 283.872 317,575 1,144 10,448 88,248 99,840 24
Rltthmond C•r•rs C•ntr• Not•s to tho Ilnanclal $tatomonts For th• ar ondad 31 March 2024 14 Analy81s of n•tuMts b•twwn fund• G•nwal unrestsicted tkslgnated Reslrfctod Total fwMI• Fixed assets Net assets N•t atsB•ls atth• •nd of th• y••r $55 378.247 66,896 ,143 141 Anatysh ol not aMots b8iThTen fund• (prioryw) General unrestiided Deslwed Restricted Total funds Fixed Assets Net current assets N•t as80ts •tth• •nd of th• yo 1.563 365.426 366.989 80.357 80,357 447. 15 Mov•m•nts In fund¥ InmIng resour & Outgolng r&wuroes & losses Transfers Al the start ofthè year At tho •nd ol th•y••r R•Btrlct•d fvnds: Grants for Individual Funds NHS YC in ScCl$ Rlthmrthy Voknntary Fund Carers Support Work•r YC Wellbeing & ActNities Adult care Activity Partrime ACSW 2.717 36,784 2,521 13,S08 16285 42,705 43,414 6,476 33.000 3,926 48.365 194.171 120.6401 (42,2661 {42,6251 15.7391 135.814} {5,915} 154.6331 207.6 37,223 3,310 14245 {1014 3,694 21,133 8OJ57 14,065 Doslgnat•d Funds: IT and Prok*ty Maintenance Fund COVID Fund {30,0001 31,360 161,3601 31,360 61.360 Gernr81 fund$ 305.629 732,849 1721,03fj) 61.360 Total unrnstrlotod fvnd• 366,989 732,849 1721,036} 378.W2 Total ndS 447.346 927,020 1928.668 445,698 25
Rlehmond Car•rs Contre N•)t•s to lh• flnan¢lal stat•m•nts For th• yèar •nd•d 31 March 2024 151 Mo¥om•ts kn fvnd• (prtory•r) Irwing resourus & gains Outgolng resources & losses TTansf¢r¥ At the start of tho y8ar Atlh• •nd ol th•y•ar R••trt¢l•d nds. Grants for Indwiduol Funds NHS YC In School$ Rl¢hmond Volunlary Fun¢J prr Carws SupM Worf(er Young Cargrs Menlorinu Young Carws Activitlo8 Adult Cwers Actlvlty Part Ttn ACSW Global Make Somo Nois Yoga Workshops LA Staff Retenlion 5,254 57,134 17,705 12,1371 120.350 115.184 13,704) {5,921) 121,626} (3.6651 {4S.6871 (1.0881 15941 16.7001 121656 1717 1521 13,608 12,212 5,921 959 1,339 17.420 1,088 594 6700 20,667 6,020 49,400 21,133 45.833 161.180 D•nat•d Funds: rr and Prowrty Malnlonance Fund COVID Fund 30,000 31,360 61.360 14,142 14,142 114,1421 114.1421 31,360 61,3eo General fund$ 340.366 865.831 (700,S681 305,629 Tot41 unr•StrfC fvnds 401,726 679.973 1714.7101 366,989 Total lund• 447.559 841,153 841.3661 447,346 ot r•strl¢tod fvnd¥ Restrict funds fLtn¢Jed th6 +Jdlvery of thè following proyram8.' LA Staff R•t8ntion- to support $taff as a response to the covid pand•ml¢ to be eqUtyd lo work rwnotety aThJ $upwt their wdlbeing. Young Carers Actlvitle8- to d¢livgr a range of groups and lsur• aCtiwtl for young carors. Rlchmond Voluntsry Fund 40 dellvw a Hèalth and Wellbelng Programm• for young carèts. NHS YC In School$- to support and dellv•r the Young Carers In Sthools Pwramme in prknary aThJ second•ry school$. Grants lor Indlvidual Funds- to 8UPPtsrt car•rs ace4ss lo indiwdual gra1. Part fime Carors Support Worktr Fund- to delor 8UPFrfNi, Information and advice and range of s8Nl¢as to adult c4rÈfs. Youro Carers Mentoring Fund- to delivw $w)port. Informalion and advie lo young carérs. AdLII Carers A¢twity- to deliver a r8ngg of groups and18lsure a¢tswfl8s for adult carors. Pwt Tne ACSW- lo dollv8r support, informalknn and advle• and ran of sorvices lo unpabd adult ¢arnts. Global Mak8 Som6 Noise- to plan. ¢oordinat8, facilitatè and dèlivor a ran of activitl8s for n0 c8Wrn. Yo9a Wthshops-lo delivgr yoga workshops for adu# carers. 26
Notes to th8 flnanclal stat•ments For th• y•ar •nd•d 31 lah 2024 16 ReconelllOn of rt Incom• l1oxp•ndllur•) to n•t #h Ilowfrnm opgratlng actMII•• 2023 Not Incomo l forth• r•porflng p•rlod (as p•rth• •tat•m•tyt of fln•n¢lal ac11&) 12131 2,900 15,3391 2.270 14.922 Ilrwasoy decmase in debtors Increosel (dec03¢) in cr8ditors ¢a•h provldod byl (u••d ln) op•r•tlno 4thltl•• 217,ns 21Q185 17 An41• of c•sh •nd cash •qth othor changes Cash 81 bank and In hand 513,239 216.165 Total cuh and •qulval•nts 513,239 216.165 729M4 18 Op•ratlng1•48• ¢ommltm•nts Total fulure minlrnum leas• payments under nonCanlI0b1e oporatlng lea$99 a8 follows: Prorty 2023 Less than 1 year 1-5years 32,500 51,458 32.500 83.958 19 Log41 Jt•tu• of th• ¢harlty The ¢h8rity is a u)mpany Ilmilgd by gu8rant•e and no shar• capital. Ea¢h membgr is liable to contrtbut• a sum not eing £1 In the eve of th• charity being wound up. 20 R•latsd party tr4n•actlo There are no relatod paty Iransa¢lions to disdos& for 202412023.. nong}. 27