RICHMOND CARERS CENTRE Charity No. 1092459 Report and financial statements For the year ended 31 March 2025 GOLDWINS L( I
Richmond Carers Centre Report and financial statements For the year ended 31 March 2025 Contents Page Reference and administrative information Trustees, annual report 2-12 Independent auditors, report 13-15 Statement of financial activities (incorporating an income and expenditure account} 16 Balance Sheet 17 Ststement of cash flows 18 Notes to the financial statements 19-26
Richmond Carers Centre Reference and administrative information For the year ended 31 March 2025 Trustees: Nicholas Rettie Chair Margaret Edwards Vice Chair Sondra Tarshis Treasurer Batcho Notay Harry Yates Noel Gilmartin Paul Hainsworth (appointed 06/021251 Christine Hawes (resigned 12/12/24) Chief Executive: Melissa Wilks Company number: 4412793 Charity number: 1092459 Registered office: 5 Briar Road Twickenham Middlesex TW2 6RB www.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
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 The trustees, who are also directors under company Saw, present their report and financial statements for the year ended 31 March 2025. The trustees confirm that the financial statements comply with current statutory requirements and the Statement of Recommended Practice Accounting and Reporting by Charitles: SORP applicable to charities preparing their accounts in accordance with FRS 102. Structure, governan and management Objectives and Purpose Richmond Carers Centre IRCC) is a charitable company limited by guarantee. incorporated on 9th April 2002. The company was 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 not exceeding £1. Itwas registered as a charity on 14th June 2002. The charity is a network member of Carers Trust. As stated in the memorandum and articles, RCC 15 established for the relief of those carin& in an unpaid capacity, for people in need with physical disabilities, learning disabilities, 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 practical help, service, support, advocacy, information and education 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 values below drive and influence how we carry out our work. RESPONSIVE- listenin& 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 age5 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 stress. Services include access to information and regular communication, telephone support line. one to one informal support, 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 attivities programme for young carers, bespoke projects and events, and a project implementing the young carers in Schools programme. 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. As outlined in the organisations Articles, members of the Page12
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 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. Six of the current board members may remain in post until the first board meeting in 2026. New board members can be appointed at any time in the year. These appointments will last 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 againstthem. Risks have been grouped under 5 areas governance, operational and safeguardin& 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. Risk is a standing item on Board meeting agenda5. The trustees are satisfied that this system of analysis, planning, action and review enables them to identify major risks, arid that systems and strategies are in place to manage or mitigate those risks. The only item that is showing as red on the risk register at the time of writing this report is the risk of cyber- attack resulting in data compromise, exposure to blackmail or interruption to service delivery. The Trustees are considering additional measures to mitigate the risk, including investigating whether a dummy attack to test the strength of our defences and response and to identify where improvements could be rnade would be useful. The risks showing amber focus on loss of key staff, high staff orvolunteer turnover, impaired financial controls, safeguarding failures or adverse publicity hindering service delivery, All of these topics remain high profile issues With the senior staff or trustees tasked with managing these risks and introducing proportionate steps to prevent them occurring. Key Risks (assessed as red or am berl Governance Loss or key staff or relevant skills M itigations refresh trustee recruitment and induction process including skills review development of a people plan, with attention to leadership and succession plann ing Continued use of outcomes framework to capture feedback from seNice users Annual review of safeguarding policies, and mandatory training for all staff, volunteer5 and trustees Refresh fundraising strategy in line with business plan review Consider developing a agree crisis management strategy Review current lease arrangements and explore options Operational and safeguarding Financial Environmental and External RCC has clear, regularly updated policies on professional good practice and on areas such as safeguarding both vulnerable adult and children, health and safety and financial procedures. Governance structure The Board meets seven times 3 year to review progress against the organisation's objectives, provide strategic guidance and approve management decisions. Budgets are prepared in detail, and the activities, operations and funding are subject to ongoing risk analysis and review. Page | 3
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 A delegation scheme is in place and day-to-day responsibility for the provision of the services rests with the CEO. An Operational Manager supports the CEO, with two service speclfic Team Leaders 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 charitls 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 session5 were facilitated with trustees and staff to develop a three year strategy for 2025 - 2028. This strategy will begin implementation in August 2025. Trustee induction and training On retirement or resignation of any Trustee, the Board reviews the skills across the existing trustees to identify any gaps and will recrtjit to fill those skills. Trustees are recruited through a process of advertisement 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 document5 including the charlS Articles and the Charity Commission's guide 'The Essent131 Trustee,; opportunities to attend training on governance and the Trustee role and all aspects of unpaid carers; a Trustee Induction pack; a nd the provision of policies including Risk Management, SafegLJardin& Financial Procedures, Equality and Diversity, Conf identiality, Code of Conduct, 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. An annual internal safeguarding audit is completed, led by trustee safeguarding lead and Operations Manager. Safeguarding is a standing item on Board agenda. St3ff receive appropriate training, and compliance and standards of performance are monitored through the appraisal and supervision process and reported quarterly. Governance and Quality RCC maintains two quality marks Improving Quality (Progression Level} (awarded in October 20221 and Carers Trust Excellence for Carers Quality Award (awarded May 20241. We have been focusing on recommendations to expand our reach into the wider local voluntary sector and working on increasing income from different sources. A full review and audit against both of these standards is carried out every three years. The Improving Quality audit is scheduled in October 2025. The Board continues to review the charit¢s governance against the Charity Governan Code. Staff Renumeration Staff remuneration is reviewed annually by the Board considering the rate of inflation, salaries in similar roles and taking into account the organisation's financial position. The Board has adopted the London Living Wage. A Workplace Pension scheme is available to all staff, with a minimum staff contributian of 5% matched by an Employer contribution to a maximum of 4¥.. Page14
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 Staff Development There were 15 full and part-time staff in 2024/25. All staff have access to training throughout the year, both mandatory and specialist as required. All staff undertake training in Safeguarding (both forchildren and adultsl and relevant financial processes. The organisations continues to work together to support staff wellbeing and happines5 in the workplace. The organisation was also supported by 12 volunteers (including Trustees) who also receive access to reSevant support, training and development. RCCS local and national partners RCC is a Network Partner of Carers Trust but IS 3n independent organisation. 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 London Network meetings, and regular topic based workshops/forums. RCC is currently working with a number of London Carers Centres in Southwest London to implement Accelerating Reform Fund projects specifically relating to unpaid carers. Locally, RCC 15 actively involved in a number of groups to ensure the voice of unpaid carers 15 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 {currently working on design and development of a local Carers and Young Carer5 Charter informed by carer consultation). Other groups include Carers Lead role on the Richmond Place Based Partnership Committee, Integrated Care System's involvement group Community Voices Richmond, Local AuthoriVs Care and Support Partnership Board, local Health and Wellbeing Network, Carer Champion Meetings, Local Health Transformation activity and more. RCC has also been actively engaged in two carer focused projects funded through Accelerating Reform Fund covering the 6 boroughs in Southwest London. RCC works in partnership with other local charities {Richmond and Kingston Crossroads Care, Homelink Day Services, Addiction Support and Care Agency IASCA), Richmond Borough Mind, Integrated Neurological Society IINSI, in the provision of local universal and specialist services for carers. This partnership is in the form of contracted service led by RCC delivering universal services and these local charities delivering subcontracted specialist work. Key Achievements in 202412025 This was the charity5 twenty-third year of operation. RCC continued to make good progress towards reali5ing its vision Yo know and be known by all local carers, providing or influencing the provision of support for them.. Achievements during the year include: l. Reaching more than 2,900 carers through services, 7.5% increase on the previous year. 2. The success of the Young Carers in Schools programme of work has led to a significant increase in the identification of young carers and connections made to support. 28 local primary and secondary schools have engaged in the programme, now accounting for approximately one third of all referrals of young carers to RCC. We have seen a 70Yo increase in school referrals when compared to the same period in the previous year. Since the programme began in mid-2023, over 700 local education professionals have Page15
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 engaged in young carer awareness training. In addition, over 2000 children and young people have engaged in assemblies delivered in a range of school settings. 3. We continued OL2r focu5 on expanding our ambitious activities programmes for both young and adult carers to support them with access to a break, reduce feelings of isolation and loneliness, learn new skills, and develop relationships with others- enabling us to deliver over 2200 breaks. 4. We successfully negotiated a new Direct Award with Richmond and Wandsworth Local Authority for the Carers Hub Service for further 4-year term from August 2024. 5. With the resignation of three trustees, and the retirement of the Chair at the end of 2024, steps were taken this year to strengthen the Board of Trustees with the appointment of four new trustees. Their diverse background has brought new energy to the board and their expertise has been used to good effect in strategy and policies, development, and as a resource, when called for by the senior management. Strategic Objectives The Trustees reviewed the Strategic Objectives set in 2023/24, agreeing that the priorities remain appropriate for 2024/25. A comprehensive review of RCC'S Business Plan was carried out in several stages through 2024, engaging all trustees and staff. A number of new priorities have been agreed for 2025 - 2028. RCC continued to offer a blended model of support for adult and young carers. Thi5 model gives carers choice about how to receive support and information- online, fa to face and on the telephone. RCC continues to lead the delivery of the Carers Hub Service. The London Borough of Richmond upon Thames ILBRUTI commission th is service, The contract is led by RCC with five local vol u ntary sector organisations sub- contracted to deliver specialist elements of the service specific311y targeting dementia, neurological conditions, addiction, and mental health. The services offered to carers include universal and specialist information, emotional support for individuals and small groups, a range of form31 and informal re5Plte 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 awareness, the promotion of engagement opportunities and strategic leadership. A decision was made to re- award this contract as a direct award for a further 4 years from August 2024. The charity focused on the following business plan objectives: l. Deliver and further develo services for carers As at April 2025, 2561 carers were registered with RCC. 32% of registered carer5 have identified themselves as BAME. 30% of carers are male, and 69% female. 23.5% are young carers lunder 18 years of age). Growth in the referral of new carers continues. Over the 12 month period, 523 new referrals (368 adults and 155 young carer51 were received. Over 7100 contacts were held with carers119Yo increase on previous yearl, providing information, advice and support. RCC continued to offer a minimum of 30 hours per week of advice and support over the telephone, face to face and online. In addition to information and advice, informal emotional support was provided on a l.,1 basis. A total of 402 sessions were provided for adult carers and 133 for young carers. Adult carers continued to have access to counselling, with over 354 sessions delivered either face to face or online. Over 120 adult carers participated in 39 online and face to face training sessions covering a range of topics from health and wellbeing to rights Page | 6
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 and entitlements. A comprehensive range of leisure and group support activities were delivered for adult and young carers providing over 2200 breaks. Young carers continued to access mentoring support. The third year of the Young Carers in Schools project continues to have a positive impact on the identification of young carers within educational environments. 28 {33% increase on year 2) partnership schools are actively engaged with high numbers of education professionals attending bespoke training as part of the programme. Referrals of young carers identified by both primary and secondary schools continue to grow. 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. 24 individual and group sessions were delivered to 279 professionals. RCC delivered a range of events for adult and young carers. Examples of these include events to celebrate Young Carers Action Day (March}, Carers Week {June) and Carers Rights Day (November). RCC 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. 2. Be the strate ic focus to influence services and outcomes for carers RCC remains the local lead for the delivery of univer531 services for adult and young carers, through actively participating in local 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, policy and practice. 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 carers through participation in several keystrategic health, social care and voluntary sector 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 helping with meeting preparation and post meeting activity. RCC continues to be part of both the steering committee and one project group for Accelerating Reform Fund projects which are aiming to deliver sustainable change in relation to carer identification and assessment 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 and or important to them. 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 and other local organisations, continues to work on the review of our Local Carers Strategy and development of a local Carer and Young Carer Charter. A large part of the early stages of this development has been focused on gathering views of carers of all ages about the things that are important to them. 3. Ensure the use of a variet of channels of communication to deliver inform and en rofessionals e carers and Page17
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 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 (both digital and printed to most isolated carers) and local health, social care and voluntary sertor professionals. A text message service is in place to liaise with carers in relation to bookings for support, activities, breaks and training workshops. Work to review and refresh RCC website continues. The telephone system for the organisation was reviewed, resulting in a new approach which has led to improved service delivery and response rates and reduced costs. RCC managed, on behalf of Active Richmond Fund (Public Health Richmond), a micro grant programme to support local voluntary sector organisation5 to deliver an activity/event for unpaid adult carers during Carers Week 2024 and to stimulate positive approaches to recognising and identifying unpaid carers in their community. 8 organisations received a small grant and supported carers to increase connections, reduce social isolation, be active, improve diet and nutrition through healthy eating. 121 c3rer5 plus 60 service users/cared for engaged in a range of activities. We plan to repeat this in 2025. 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 Foundation, The Barnes Fund and Hampton Fund. This support is crucial in enabling RCC to deliver elements of essential support to adult and young unpaid carers currently being provided. 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). Donations to RCC have increased during 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 programmes to financially support individual adult carers with emergency grants, employment. education and trainin wellbein& access to respite breaks, the reduction of debt and to meet other household needs. Carers continue to be affected by cost-of-living issues and inability to access a break. 178 individual grants were issued to carers plus 164 food bank vouchers. Demand for this type of support on average increased by approximately 15Yo on the previous year. Carers were actively connected to support available in the borough to help with the cost of living and other specialist financial advice. Information was regularly shared in service updates to promote local support options. 5. Develo Workforce Paid and Volunta and C3 acit RCC continues to offer a blended service to carers, having a range of choices for engagement and support. Staff have a flexible working schedule with a minimum of 60% of work time expected to be office based. RCC remains strongly committed to the training and development of staff. It supported staff performance through annual reviews and regular and planned supervision meetings. During this reporting period, there were some changes to staffing. RCC recruited a number of new staff to the staff team to roles of Young Carers Support Worker, Adult Carer5 Support Worker, Young Carers in Schools Project Worker. Active recruitment Page18
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 has begun to fill expected short and longer term vacancies in 2025 for Adult Carers Actlvlty Coordinator and Adult Carers Support Worker. RCC is planning to review its volunteer policy with a view to developing more opportunities particularly to support the delivery of adult carer break activities and the incredibly successful volunteer led counselling service. RCC is committed to exploring and implementing wellbeing support options for our people. All staff have 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 practic31 support and enhance wellbeing at work. An annual people pulse survey was introduced in 2024 (looking at staff perception of support, belongin& wellbeing, learning, reward and communication). The results of this survey are being used in the development of 2025- 28 Business Plan. Through 2025 RCC will be reviewing all HR policie5. RCC continues to invest in the organisation's IT capacity and the Business Continuity Plan is reviewed annually. 6. Continue ualit service deliver 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 2024}. We have been focusing on recommendations to expand our reach into the wider local voluntary sector and working on increasing income from non-statutory sources. A full review and audit against both of these standards is carried out every three years. The Improving Quality audit is scheduled in October 2025. The Board continues to review the chariws governance against the Charity Governance Code. This review informs the organisational risk register and mitigations captured in operational planning and reporting. Feedback from carers who use our services is highly valued. We use this feedback to influence our plannin& recognise success, review our 5eriice offer and stimulate change and improvement. Carers were invited to a number of facilitated focus group5 to share their views and 5UPPOrt service development and review. RCC continues to use an outcomes framework to measure carer perception of the impact and difference the service is making for unpaid carer5. 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 2025, income, primarily from the contract with the LBRUT to provide services to unpaid carers in the borough and from other grant5 and donations provided with the aim of supporting unpaid carers, was £940,098 compared to £927,020 in 2024. The 1.4% increase reflects the inflation increase in contractual income and additional grants and donations received in the year, In the year, expenditure was £922,254 compared to £928,668 in 2024. The decrease, despite of the inflation increase to sub-contractors as well as higher staff salaries is the result of savings made on administrative costs and lower expenditure on support for careers, reflecting the specific grants received. As a result, RCC had a Page | 9
Independent Auditor's Report To the member5 of Richmond Carers Centre For the year ended 31 March 2025 surplus of £17,84412024 deficit £1,648) showing the benefit of continuing to generate additional funds while carefully managing expenditure, which will need to continue in the future. The total funds retained were £463,542 as at 31 March 2025 compared to £445,698 as at 31 March 2024, reflecting the surplus for the year. Total funds as at 31 March 2025 consists of £46,918 of restricted funds, and £416,624 of unrestricted funds. Restricted funds have decreased from £66,896 to £46,918 and unrestricted funds have intreased from £378,802 to £416,624 reflecting the increase in services and activities in the year and the surplus generated. 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 reputable 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. 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 donations and other sources in order to provide funds 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 particu lar project is lost, reseNes may be used wh ile alternative funding 15 sought, but if this is not possible the project would generally be terminated. The Board reviews risks 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 2025 were £416,624 amounting to 5 months of budgeted expenditure. Going Concem The trustees have considered RCC'S cash position and budget for the next financial year as well as the fact that the Carers Hub Service contract from LBRUT, which provides the majority of funding, is a four year contract that was renewed in August 2024. The trustees believe that the charity ha5 3 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. Page | 10
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 Thank you to our funders and fundraisers We of course could not offer the services or have the same impart 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 Get Lucky Local Hampton Fund Individual donors Kew Village Market Kew Rotary London Borough of Richmond Upon Thames Richmond Charities Richmond Foundation Richmond Voluntary Fund Southwest London Integrated Care Board The Barnes Fund ScrewFix Stephen Clarke Charitable Settlement 1965 The Parish of Mortlake with East Sheen Outgoing Chair of the Trustees- Christine Hawe5 We would also like take this opportunity to expre55, on behalf of Trustees, the senior management team and all our stakeholders, our most sinre thanks to Christine Hawes, who resigned atthe end of December 2024. Christine had been a trustee of Richmond Carers Centre since the early days in 2CK15 and became Chair in 2019. She was driven by an unerring focus on the needs of unpaid carer and led the centre through the difficult period of the Covid 19 epidemic with enormous strength. Christine's wide range of experience and skills contributed significantly to the ongoing growth and development of Richmond Carers Centre. We wish her well in her well-deserved retirement. Statement of responslbilities 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 (United 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. In preparing these financial statements, the trustees are required to: 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 departure5 disclosed and explained in the financial statements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation The trustees are responsible for keeping proper accounting records 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 Page | 11
Independent Auditor's Report To the members of Richmond Carers Centre For the year ended 31 March 2025 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 charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement as to disclosu to our auditors The Trustees in office at the date of approval of this report have confirmed that as far as they are aware there is no relevant audit information of which the charivs auditors are unaware. Each of the trustees has confirmed they have taken all steps that they 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 trustees, annual report has been approved by the trustees on and sig donth Nicholas Rettie Chair of Trustees Page | 12
Independent Auditor's Report To th8 members of Richmond Carers Contre For the year ended 31 March 2025 Oplnion We have audited the financial statements of Richmond Carers Centre for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, ststement of cash flows and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting StarKlards. including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). Opinion on financial statemenls In our opinion the financial ststements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its income and expenditure for the year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's 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 statements 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. Conclusions relating to going concern In auditing the financi81 statements, we have concluded that the trustees, use ofthe going concern 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 doubl on the charity's ability to continue as a going concern for a period of at least tr4elve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements 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. In connection with our audit ofthe financial statements, our responsibility is to read the other infomiation and, in doing so, consider whether the other infonnation is materially inconslstent with the financial statements or our knowledge obtained in the audit or otheDNise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is 8 material misstatement in the financial 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 information, we are required to report that fact. We have nothing to report in this regard. Pagel 13
Independent Auditor's Report To the members of Rlchmond Carers Centre For the year ended 31 March 2025 Opinion on other matter prescribed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit: the infomiation given in the trustees, report {incorporating the directors, report) for the financial year for which the financial statements are prepared is consistent with the financial statements" and the trustees, report (incorporating the directors. report> have been prepared in accordance with applicable legal requirements. lllatters on which we are required to report by exception In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report. V*le have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion= adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; 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. Rosponsibilitles of the truste0$ As explained more fulSy in the Trustees, Responsibilities Statement, the trustees (who are also the directors of the charitsble 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 view and for such intemal control as they determlne is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity's ability to 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 liquidate the Charity or to se operations, or have no realistic alternative but to do so. Our responsibilit188 for the audit of the financial statements 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 includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misststements 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 tsken 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 iegUlar1ties, 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 misststement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following: We enquired of management, which included obtaining and reviewing supporting documentation, concerning the charity's policies and procedures relating to: Pagel 14
Independent Auditor's Report To the members of Richmond Carers Centre For the yoar onded 31 March 2025 Detecting, evaluating, and comptying with laws and regulations 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 and 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 relationships that may indicate risks of material misstatement due to fraud. Because of the inherent limitations of 8n audit. there is a risk that we will not detect all irregularities. including those leading to a material misststement 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 located on the Financial Reporting Council's website at.. WVbW.frc.org.ukl8uditorsresponsibilities. This description forms part of our auditor's report. Use 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 2006. 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 auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work. for this report. or for the opinions we have formed. Anthony Epton (Senior Statutory Audilor) for and on behalf of Goldwins Limited Statutory Auditor charter Accountants 75 Maygrove Road Wast Hampstead London NW6 2EG Page | 15
Richmond Carers Centre Statement of financlal activitie8 (incorporating an income and expenditure account) For the year anded 31 March 2025 2025 Total funds 2024 Total funds Unrestricted funds Rostricted funds Note Income from: Donations and legacies Income from trading activities Charitable activities Investment income 147,152 2,003 624,660 19,881 143,952 291.104 2,003 624,660 22.331 317,381 10,247 583,742 15,650 2,450 Total Incomo 793,696 146,402 940,098 927.020 Expenditure on: Charitable activities 755,874 166,380 922,254 928,668 Total expendlture 755.874 166,380 922,254 928,668 Net (expendlturo)lincome before net galns I (losses) on investments 37.822 (19,978) 17,844 (1,648) Net gainslllosses) on investments Total net galnsl{108508l on investments Net Incom•l(expenditure) for the year 37,822 (19,978) 17,844 (1,648) Transfers beeen funds Net incomel(expendlture) before other recognised galns and losses 37,822 {19,978) 17,844 (1.648) Recon¢lllatlon of funds: Total funds brought forward 378,802 66.896 445,698 447,346 Total funds carried forward 416,824 46,918 463,542 445.698 All of the above resutts are derived from continuing adivltles. Ther8 were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements. Page | 16
Richmond Carern Centre Balance shoot As at 31 March 2025 2025 2025 2024 2024 Note Fixed assets: Tangible assets 11 139 139 555 555 Currènt assot8: Debtors Cash at bank and in hand 12 29,114 615,315 644,429 33.314 729.404 762,718 Llabilities: Creditors: amounts falling due within one year 13 181,026 317,575 Net current ass•ts 463,403 445.143 Total net assets 463,542 445,698 Funds Restricted funds Unrestricted funds: General funds Total unrestricted funds 13 46,918 66,896 416,624 378.802 416.624 378.802 Total funds 463,542 445,698 inancial Statements were approved by the Board on ..... ...... N Rettie Trustee S Tarshis Trustee Company registratlon no. 04412793 The attached notes form part of the financial statements. Page | 17
Richmond Carers Centre Statement of cash flows For the year ended 31 March 2025 Note 2025 2025 2024 2024 Cash flows from operatlng actlvltle$: Net cash provided by l {u8ed in) operating activities 16 (114,089) 216,165 Cash flows from investing actlvlties.. Interestl rentl dividends from investments Salel (purchase) of fixed assets Salel (purchase) of investments Cash provlded by l (used In> Invosting activltles Cash flows from flnancing activitlos: Repayments of borrowing Cash inflows from new borrowing Receipt of endowment Cash provided by l (used in) financing aclivilies Change In cash and cash •quivalents in the year (114.089) 216.165 Cash and cash equivalents at the beginning of the year Change in cash and cash equivalents due to exchange rate movements 729.404 513.239 Cash and cash equlval8nts at the end of the y•ar 17 615,315 729.404 Page118
Richmond Carors Contre Notss to the flnancial statsments For the year ended 31 March 2025 1 Accountlng pollclos a) Basis of pr?ratIon The financial stslements have been prepared in accord8nfX Wth Accounting ReportYwJ by Charitie5: Ststement of RecommeThJed Practi applicab to preparing their accounts in acLordance th the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102- effedive 1 January 20151- {ChaFiiies SORP FRS 102) and the Companies Act 2DD6. The oaiitable company meets the definilion of a pUbC benefft entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaclion value unles5 olheNise staled in the relevant arLourbting policy or note. bl Golng concem The trustees have considered RCC'8 cash position and IKKlget for the next financAal year as w911 as the facl that the Carer5 Hyb &ryice contract from LBRUT, whld) provides majority of funding, has been renewed from 1 August 2025 for four years. The irustees believe that the charity has a reasonable expèdalion of havlng 8Lfftient resources to ntinUe ty) cyeration fty the foreseeablg fulwg. ACrdkngty, the tnjstees conlinue to adopl going concern bas18 of preparaiion of the accounts. cl In¢¢)m• Voluntary income induding donations and grants that prowde core fundiry or are of a general nature is recniSed where there 18 entlllement, rtalnty of receipt and Ihe amount can be measured wth sufficionl rellablllty. Defer income represents amounts received forfuture periods and 1$ released to incoming resour(8 in the period for %thich it has been received. Such inrne is onty deferd when:_ The donor specifies that the grant or donation must only be used in flth accounting peri(Mts. or The donor has imposed conditions whith must be met before The tharity has unconditional entitlement Investment ino)me is recognised on a re1¥able basis. Income from chaiitable a¢Aivities indudes Irome recognised as eamed {Ihat is, a5 the related goods or services a prwdedl. d) Intsrèst Mcgivablo Interest on fuThJs held on deposit is indth when re1¥ab and the amount Can be me88ured reliably by the tharlty., this is nom)ally upon )tificalion Of the interest paid or payable ty the bank o) Fund accountlng Unrgstricted ndS are available to $Pgnd on actiwties Ihal fvrt any of the purposes of charity. Designaled fvnds are unrnstrlcted ftmds of the charfty which the Iruslees have declded at their discretion to sel aside to use for a speafic purpose. Reslricted funds a donations whi the donor ha$ $peryf are to be soldy used for parbcular areas of the eharity's work or for $pe¢ific proieds beirrfJ undertaken by the charty. Page119
Richmond Carer8 Centr8 Notes to the finan¢lal statements For tho yoar end 31 March 2025 1 Accountlng pollcim Icantlnuod} fj Expenditur• and irrecov•rablo VAT abilities a wecugnised as soon as there is a legal or CA)rntiuctive obligation commilbrKJ the ¢harity lo the expenditure. Al expendilure is aC)Unted for on an accruals basis and has been dassified under headings that aggregate all costs related to the &egory. Costs of generating tund$ are the costs of trading for fundraisiNJ putpose& Charilatle expenditure comprises Ihose costs incurred by the charity in the deli¥Ery of its activilies ar seThfices for its benefiaaries. It indudes both costs that can be allocated direcdy to such adivilies and those costs of an indireca nalure necessary lo support Ihem. Grants payatle are payments made lo third parties in the furtherance of the tharilable objectiV88. whe the thaTity give¥ a grant with conditions for its payment being a speafic level of ser¥irE or output lo bg provide(I, such grants are recognised in the SOFA once the reripient of the grant has provided the specifi¢ ¥grvicg or outpuL gl Op•ratlw leas Rental Charges ar8 charged on a straight line basis over thg term of the le83e. h} Tanglblg Ilx•d a$$ets Deprecialion is provided al rates calclated lo write dovm Ihe cost of each asset to its e8tlmaled iduaL valuo over ils expected uselul Ilfe. The depreciation rates In use are as follow&.' Fixtu$ and fftiiffjs 33% straight line Individual fixed a88ets coslng £500 or more are iNliaty recorded at (st. l) Debtors Trade and other debtors are Cognis at the setuemenl amoLnt due after any trade discount offered. Prepaymellt5 awe Val at the amounl ppaid T*1 of any trade discounts due. I Cash at bank and In hand 75h at bank and cash in hand include3 cash and short temi highly liquid inveslments wlh a short maturity of three month5 or IE55 from the dale of acquisilion or opening of the deposit or simlar account. k) Crnditors and provi$ions Credilors and provisiors are re¢ogni$ed Nyhere fhe charity has a present obllgallon resulting from a pasl event that will proba re5uIi in the transfer of fwffls to 8 third paty arKI the amount due lo settle the obligation can be measured or •stirnaled lIably. Creditors aTrJ provisions are normaly recognised at their sgluement amount after allowng for any trade discounts due. 11 Ponslons The chanty gperales a defined conblbutlon pension scheme. Contribulions a charged in the statement of financial activilies as they become paythe in accordance wlh the Nles oflhe $¢h8me. Page120
Ri¢hmond Cargrn Centro Not•8 to tho finan¢ial statements For tho year ended 31 rch 2025 2 Dotsll•d rornparth•• forth• st•t•mo1rt of fln4ncl41 acllvltl UnTegtrl¢trd R•gtrktod Totsl In¢r•rnO from.. Dortions Income from trading activths Charilablt acts11& Inv•thn8nt income 123,210 10,247 583,742 15,650 194.171 317.381 10,247 583,742 15,650 Totsl Incomo 732.849 194 171 927,020 Expéndllyre on: Choritsble activ11$ 721.036 207,632 928.e68 Total •xp•ndltur• 721.036 207,832 928,668 N•t {•xpendltureVlncome befor• n8t 9aln I Ilo¥wl on lTr¥•slm* 11.813 113,4811 11.8481 Ngt 411nlI0••?$I on Inv•slm•rts Totsl net galn•lllo$s•sl on Imie8tm•nts N•t In¢om•U•wndltur•l forthe y•ar 11,813 113,4611 11.6481 Trnn3fari b•tsv¢¢n fvnds Not movemont In funds 11,813 113.4611 11.848} R•¢on¢iliation of funds: Total fund8 brought forwprd Total fund¥ ¢orrfed forward 366,989 80,357 86,896 447,348 378.802 445,698 3 Donations and lega¢l•s 2025 Total Unrestricted 2024 Total Unréstrietèd Restrlthd RegtrKaed DKIn$ Grants.. Thé Bam¢s Fund LBRLIT Educalv)n and Chilthi Hampton Fund Rlchmond P¥rish Lands Chartty Other Grants 3,876 478 4.354 3,784 3,764 5,360 1,000 92,867 11,019 33,228 5.300 2,000 103,208 22,038 61,625 5,300 64.000 103,208 77.588 63.501 72.500 73WO 92067 67.969 47N54 62.000 56,950 13.826 66.650 1,876 147.1$2 291,104 123,210 194.171 317,381 4 Ineom¢ Irtyn actlvltlos 2025 Totsl Unrostitted 2024 Total UM¥$trK¢ed R•$lrict•d Reslrfcted Fundralslng Evonts Ev&nt$ 2.003 2,t)03 10,247 10,247 2.003 2,003 10,247 10,247 S Charltabl• a¢tl¥ltl•• 2Q25 Total Unr•strkt•d 2024 Totsl Vnrestrbcted Restricted R¥slri¢t¢d Contractual IrMetrOM Govemment or Publi¢Authoritie¥ 624.660 624660 583,742 583,742 583,742 583,742 6 In¥trn•nt Incorn• 2025 Total Unfe8trKted 2024 Unrejtrictsd R•sln'¢ted R•8ldct•d lrrte$t Room hire 19.881 19,881 13,200 2.450 13,200 2.450 19,881 13,200 Page121
Richmond Carers Centre Notss to the financial statements For tho year ended 31 March 2025 7 Analys18 of expendlturo Charitable activilies S•rvlces to Hub Carers services Governance 2025 Total 2024 Total Dlrect costs Grant Funding of Adivities Other Direct Costs Emplownent Costs 18.250 227.603 284.514 18.250 309,782 491.065 20.640 313,877 479.896 82,179 206.551 Su Establishmènt Costs Office Expenses Depreaatlon Legal and Profe98ional Costs Auditors, Remuneration Trustee Expenses Bank Charges 7,999 11,933 40,765 25,641 416 5.216 48,764 37,574 416 10.557 SNOO 336 110 45.198 50.382 1.008 12.010 5,400 149 108 969 4,372 5,400 338 110 309,631 602,406 10.218 922,254 928.668 Goveman¢8 costs 3,646 6,572 (10,2181 Total expendlturn 313.277 608,977 922,264 928,668 Ofthe total expenditufe £755,874 was unrestricted (2024: £721,036} and £166.380 was restricted {2024: £207,632). 7a Anatysls of expendlture (prior yearl Charilable activities Servlces to ¢arn Hub servlce8 Governancè 2024 Total 2023 Totsl Dlre¢t costs Grant Funding of Activities other Dired Costs Employment Costs 20.640 212.657 278,043 20,640 313,877 479.896 15.669 269.254 435.930 101.220 201.853 8u ortCO8ts Establishment Costs Office Expenses DeprecAation Legal and Professional Costs Auditor3, Remuneration Trustee EXperS Bank Charges 7,414 16,000 37,784 34,382 1,008 5,934 45.198 50.382 1.008 12,010 5.400 149 108 52,953 41,713 2,900 21.062 1,800 13 72 1,103 4,973 5,400 149 327.590 590,448 10.630 928.668 841.366 Governan Costs 3.793 6,837 {10.6301 Totsl expendlture 331.383 697.286 928,668 841,366 Ofthe total expenditure £721.036 was unrestricted12023'. £700,568) and £207,632 was restried {2023'. £140.798I. Page | 22
Ri¢hmond Corers Cèntre Notes to the financtal statements For the year ended 31 March 2025 Not Iw)m• I lexpèndllur•l for the yoar This Is st¥ted knr charging l (creditingi.. 2026 2024 Depreci8tion Audit fees 416 4,500 1,008 4,500 Analy818 of $14ff costs. trn•t•• rnmun•iatlon and oxp•nBes. and th• ¢ost of key nMnwm•nt porsonMI Staff costs wgrg as follows.. 2025 2024 S8larfes 8nd wages Social security costs Employer's pension 441039 ¥6FI 10.369 491.06S 431,374 37,688 10.834 479,896 The average Nmbèr ofemployees vts8'. 2025 No. 10 2024 Nu. 10 Direct Provision af ServIs lo C8reTS Support. swvI develoFrfnent and Jdministratton 14 14 No employee, indLJJln9 the CEO. rttelved emc4uments amountlng lo over £60,000 during Ihg ¢urypnt yeor (2024: nl). The tol81 employet ben8fflts, Induding pènsion contributlon¥ and th8 empl¢)yerfs natlon¥l insurance, of the kay managemenl pèrsonnel were £62.37312024.' £60,514). The charity Irustees were not paid or reced any beneffts from eMpyent with the chavity in ye8r {2024.' nll. No tharity lJu$tee received payment for professional +X other Services suplEd to ts chaiity (2024.. nil}. Trustee expense5 of £336 w•r8 paid (2024- £1491 10 T&xatlon The charitable company 1$ •xempl from cOrporatn tsx as all its incorne Is tharitable and is applied for ¢harilabl8 purposes. 11 Tanglbh ftx•d a¥sèts Fixtures and fitllng$ Tolal Cost At the start of the year Additions in year tX$posals in ygar Al the ¢nd ofts year 26,609 26,609 26.609 Depreclatlon Al thè start ofthe year Charge for th8 year Eliminated cffl dlsposal Al lh• end of Ihè yèar 26,054 415 26,ofA 416 28.470 26,470 N•t book value At the end ofth• year 139 139 At the start of the year 555 555 12 D•btgrJ 2025 2(r24 othgr Deblor5, Prepayments and Accruèd Income 29,114 29,114 33.314 33,314 13 Cr•dltors: amounts falllng due wlthln on• y•af 2026 2024 Trade Creditors Taxallon and Soaal Securfty Acwals and Deferred income 31468 9,415 139,143 181,026 23,158 10,745 283,672 317,575 Page123
Richmond Carers Centr Notes to the financial statsments Forthe year ended 31 Mah 2025 14 Analy41¥ of net a¥¥•ts b•trmn fund¥ Genoral unreslrtcted De8ignaled Rtricted Total fund• 139 416,485 139 Nel assets Not u¥•ts al thp end ofthe yg4r 46.918 14• Analys1¥ of n•1 a•ts b•two•n funds IprIorrI Gora1 unre8lricted O•signat•d Restricted Total funds Fixed Assets Net cuwent assets Ngt assets at tho ènd of th? year 1,563 365,426 366.989 1.563 444783 447.346 80.357 80.357 16 Movomgnts In funth Incoming At the start of the resources & year gai)s Outgoing resources & losses Transf8fS At the •nd of thfr year Restrkted funds: Gtants for lThJividuaJ Funds NHS YC in Schools Richmond Voluntary Fund P Carnrs Support Worker YC Wellbeing & Actlvi11gS Adt Carers ACti?ty Pgrt Tlme ACSW 11.638} 37.223 3.310 14.245 (2,814) 1,705 14.865 66.896 17,971 21,353 14.261 5.360 (18.250) 143.3101 117,5711 {3.8001 130.2191 {S.C11 48.169 166,380 15.266 14806 4,924 49.500 146A02 1,568 16.196 46.918 General funds 378,802 793.696 (7SS.8741 416,624 Total unY•$¢rl¢t•d funds 378.802 755.874 416.624 Total funds 445,698 940.098 1922,2541 483,542 150 Movom•nts In funds Iprlor y•arl Incoming resouT¢e8 & Oulgolng resources & b)sses At the start of year At lh• •nd of th• y•ar Transfers Restrlctod fund: Grants for Individual Funds NHS YC in S¢h¢x)1s Richmond Voluntary Fund C8rers supp Worker YC well1[j & Ad1vi8 Adult Carers Activity Part Time ACSW 2,717 36.784 2.521 13,508 16.285 42.705 43.414 6.476 33.000 3.926 48.365 194.171 {20.6401 {42.2661 {42.6251 15.7391 135.8141 (5.9151 54.6331 207.632 {1.6381 37.223 3.310 14.245 12,814) 1.70S 14.865 66.896 3.694 21,133 80.357 Doslgnatsd FundB: and Property Malnt•nonce Fund COVID FUNJ 130,0001 31,360} 161.360 31.360 61,360 Gen8ral thJnds 305.829 732.849 1721,0361 61,360 371,802 Total unrutrkt•d fundi 366,989 732 849 721.036 378.802 Totol funds 447,346 927.020 928.6681 445,698 Page | 24
Richmond Carers Centro Notes to the financlal Statements For the year ended 31 March 2026 Purpos•s ot r88tilctsd fund8 Restricted fun(Is funded the delivery of tho following programs.. Grants for IlIVIdual FuThJs- tv support carers with acc to iThlivhlual gTants. NHS YC in Sclb)018- to support and deliver the Young Carers in Sd)ools Programme in primary and secondary schDtyl3. Richmmd Voluntary Fund 40 deliver a 11h and Wellbeing Programme for young care15. Port rime Caret5 Support Worker Fund- to dofver support. infomiatlon and advice and rangg of 88rviceJ lo ad1 care. Young C•rers Activthes- lo deliver a rango of groups and leisure actpiilies for youNJ caT8. Adult Carers Activty- to dellver a range of groups and18isuro aclivities for adult ¢PTer8. Part TIM8 ACSW- lo delivor support. infom)atlon and advlce and rangè of servlc8s lo unpaid adult carers. 16 R•conelllatlon of not Income l {•xp•ndlturel to n•1 •h flow Irom op•r•tlng •¢tfvl¢l•• 2026 2024 N•t In¢omg I l•xp•ndlI?) for the report6ng p•rlod la$ pw Ihw 3tateThent of fln•nclal acthilllm) Deprerdalion IlrK¥ea5ey deuease in debtors In(Jpasel {decrea5e} in crÈditor5 Ngt cash provldod by l (us Inl op•rnting •ctlvllles 17W 416 {1.6481 1.008 19301 217.735 216.165 136.549 114.089 17 Amtysls of cash and ¢a¥h •4uival•nl¥ Oth ¢hJnge8 2024 Cash IIow5 2025 Cash al bank and In hand 729,404 1114.0891 614315 Total ¢48h and cash oquivalents 114.089 610,316 18 Opwallng Iw• ¢ommknnts Total future minimum1gas8 paymen15 under noranlIble operating leases are a5 follow5.. Prop8ty 2026 2024 L8$$ than 1 year 1-Syears 32,500 18,958 51.458 32,500 51,458 83.958 19 L•gal status of th• ¢hArlty Th& chaY is a company Ilmlled by guaianlee and h9$ no Share capital. Each member is labl• to contrfbute a Sum not exce8dlng £1 in the event of the ¢harity being wound up. 20 R•latsd party tranuctlons Thfrrg are no relalefl party tran$8ctw)ns to disdose for 202512024.. ne1. Page125