SOCIAL CARE IN ACTION CONSOLIDATED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 A COMPANY LIMITED BY GUARANTEE COMPANY REGISTRATION NUMBER: 04526806 REGISTERED CHARITY NUMBER: 1096903
Pagye 12 SOCIAL CARE IN ACTION FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Contents REPORT OF THE TRUSTEES............................................................... INDEPENDENT AUDITOR'S REPORT......................................................... CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES....,................... .......... CONSOLIDATED AND PARENT BALANCE SHEET........ .10 .13 .14 CONSOLIDATED STATEMENT OF CASH FLOWS........................ .15 NOTES TO THE CASH FLOW STATEMENT....................... .16 NOTES TO THE FINANCIAL STATEMENTS................. .17
SOCIAL CARE IN ACTION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024 The trustees are pleased to present their annual report and audited consolidated Financial Ststements of the charitable company and its subsidiaries for the year ended 30 September 2024, which are also prepared to meet the requirements for a Directors, Report and Financial Statements for Companies Act purposes. The Financial Statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their Financia5 Statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). REFERENCE AND ADMINISTRATIVE INFORMATION Charlty Name Social Care in Action Reglster8d Office 1 Paynes Road Southampton S015 3DL Charity Registration Number 1096903 Company Registration Number 04526806 DIRECTORS AND TRUSTEES The directors of the charitable company, for the purposes of company law, are also its trustees for the purpose of charity law. The trustees who served during the year and since the year end are as follows.. L Judd E Hickman D Lodge D Corben R Dickenson B Aarons N Kohn A Tonkin D Ball SAII T Yendell D Curtis R Dries N Ward Resigned 5 July 2024 Chair Resigned 26 March 2024 Resigned 21 January 2025 Treasurer Resigned 23 April 2024 Resigned 23 April 2024 Appointed 23 September 2023, resigned 18 November 2024 Appointed 10 December 2024 Appointed 10 December 2024 GROUP REGISTERED SOCIETIES AND CHARITABLE COMPANIES SCA Care SCA Tran5POrt Services Options Wellbeing Trust The Steven James Practice (Dissoed) Flat Spaces Foundation Flat Spaces (Ropleyl Limited Southampton Healthy Living (Dissofved) Registered Society No.. 27461 R Registered Society No.. 29035R Charitable Company No.. 4699108 Charitable Company No.. 5278016 Charitable Company No.. 9098286 Company No.. 8560255 Company No.. 10627689 SENIOR MANAGEMENT TEAM R Rossiter K Mccarthy R Dickenson Group Chief Executive OffIr M Wrycraft Head of Human Resources D Wearn Interim Head of Finance.. appointed 21 January 2025 Head of Facilities Head of operations D Freshwater B Allen-Hutin WLee N Evans Group Chief Executive Officer= resigned 31 July 2024 Head of Finance.. resigned 4 October 2024 Head of Health and Wellbeing: resigned 31 December 2024 Interim Head of Finance.. appointed 3 September 2024, resigned 31 January 2025
REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 OUR ADVISORS Auditor Saffery LLP Midland House 2 Poole Road Boumemouth 8H2 5QY Bankers Lloyds Bank 30 Commercial Road Totton S040 3TH STRATEGIC REPORT The charitable company presents its Report and Strategic Report. AIMS AND OBJECTIVES The charitable company's aims and objectives a.. the advancemenl of health and the relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage for the public benefit in particular, but not limited to the practice and provision of health, education, care or community SerVis., and to provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financi81 hardship or social circumstances with the object of improving their conditions of life. Public Beneflt Statement Our main activities and who we try lo benefit are described above. Our charitable activities focus on care in the community, transport, training, counselling Services and operating a wellbeing centre. All of our activities are undertaken to further our charitable purpose5 for the public benefit. In shaping our objectives and planning our activities, the trustees have considered the Charity Commission's guidance on public beneffl including the guidanGe'Public Benefit.. Running a Charity {PB2)'. ACHIEVEMENTS AND PERFORMANCE SCA Care has demonstrated resilience and adaptability in the face of various challenges, particularly in the home care and specialist care sectors. While financial deficits were evident, the growth in client numbers and consistent service delivery reflect a commitment to excellence. The success in extra care and day care services suggests a solid foundation for potential recovery and growth, positioning SCA Care favourably for the upcoming year. A focus on financial management and leveraging strengths in service delivery will be crucial for future stability and 8xpansion. Hom• Care The SCA Home Care team has made notable strides in adapting to the evolving landscape of home care services over the past financial year. Despite facing challenges, we successfully pivoted our focus towards self-funding customers, which initially yielded positive financial results until May 2024. Our commitment lo maintaining highquality care has been evident, even as we navigate a competitive environment. The SCA Home Care team achieved the highest ranking of all providers delivering to Southampton City Council {SCC) in 2024 as audiled in their Provider assessment market management toolkit (PAMMS) However, the overall financial performance reflects a reduction in Income, particularly from local authorities. Southampton City Council remains our largest customer, but due to the recent recommissioning of the care framework, SCA Care has fallen outside the top 10 providers. This change has significantly hindered our ability to secure new care packages, leading to a decline in overall income. Moreover, the Ios5 of several substantial packages to local authority-funded provisions has negatively impacted our budget position for 2024. This decline occurs against a backdrop of significant shortfalls in social care funding at a national level. Notably, Southampton City Council has narrowly avoided Section 114 bankruptcy and is currently undergoing substantial restructuring alongside that of the Hampshire and Isle of Wight Integrated Care Board, another significant funder of SCIA. Whilst we have achieved important milestones in adapting our service offerings, our financial oullook remains challenged, necessitating continued strategic adjustments in SpOnSe to the shifting funding landscape.
P<ige 15 REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACHIEVEMENTS AND PERFORMANCE - continued During the financial year, SCA Home Care reached a peak of 3.741 hours of care delivered in a single month, a decrease from the previous year's high of 5,038 hours. This decline can be primarily attributed to the loss of a few significant care packages, which has impacted our overall serviGe delivery. Despite this reduction in total hours, we have seen a positive trend in our client base. The number of clients has increased from 42 in October 2023 to 53 in September 2024, indicating a growing demand for our services. This growth has also been reflected in our staffing levels, with an increase in personnel to support the expanding Glient roster. These operational highlights demonstrate our resilience and ability to adapt to changing circumstances while still striving to meetthe needs ofourgrowing client communily. Moving forward, we will continue tofocus on enhancing ourservice delivery and exploring opportunities to regain lost Income through new client acquisitions. The overall financial income for the home care service forthe year amounted to £933,856, significantly below the budgeted income of £1,328,734. This shortfall resulted in an expected budgeted contribution to core of £242,741. Despite these challenges, the service successfully achieved a contribution of £125,514 towards centralised costs. However, the overall performance of the home care service reflects a deficit of £117,227. This outcorne underscores the financial pressures we have faced throughout the year, primarily due to the reduction in income and 105s of significant care packages. Moving forward, addressing this deficit will be a key priority as we seek to stabilise and enhance the financial viability of our home care services. Specialist Care The specialistcare service has focused on aligning with key frameworks and is now a member offrameworks for Hampshire County Council, Southampton City Council, and Portsmouth City Council, as well as being a preferred provider for Hampshire and Isle of Wight ICB. Despite this strategic positioning, the number of customers has not increased. In February 2024, the service delivered 6,051 hours. while December 2023 saw a lower delivery of 5,010 hours, influenced by individuals spending more time with family during the Christmas period. Overall, the service has seen minimal growth in hours delivered, averaging around 5,400 hours per month. The strategy over the past year has been to gain entry on relevant frameworks and prepare for bidding opportunities for potential work through mini competitions. There has been consideration of purchasing a supported living service, although this idea received mixed feedback from commissioning managers who prefer a separation belween support and accommodation providers. However, service level agreements with registered housing providers have been signed to act swiftly if suitable accommodation for individuals with increased needs becomes available. In temis of financial performance, the budgeted income for the financial year was £1 .9 million but only achieved £1.5 million, resulting in a shortfall of £426,761. Conversely, the contribution to core activities exceeded expectations, reaching £329.529 against an anticipated contribution of £280,068. The focus for the coming year will be on promoting independence among individuals to reduce rellance on seNices. Extra Care This year, our organisation has made significant strides in delivering extra care services within the New Forest area, while also facing some operational challenges. We successfully retained our extra care contract with Hampshire County Council. Athough we had aspirations to expand our portfolio into new geographical areas. we take pride in the exceptional service5 we continue to provide from Barfields Court, Winfrid House, Gore Grange, and now Wooldridge View. The mobilisation of our new extra care service in New Milton experienced a four-month delay, with the anticipated launch set for January 2024 not being achieved until April 2024. However, through our partnership with Hampshire County Council and People for Places, we were able to ensure a smooth transition. Once operational, the service quickly became fully occupied, with positive feedback from commissioners and key stakeholders. During this period, we have seen a remarkable increase in Service delivery hours, rising from 4,875 in October 2023 to 7,604 in September 2024. Additionally, our customer portfolio expanded from 64 to 117 individuals, reflecling significant success for our operational team. This growth necessitated a 500/0 increase in staffing levels, a testament lo our effective recruitment and retention strategies within the extra care services and the exceptional work of the Management team.
REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACHIEVEMENTS AND PERFORMANCE - continued The anticipated income for this financial year was budgeted at £1,508,482,. however, we achieved an actual income of £1,504,507. In terms of our contribution to core activities, we initially projected a contribution of £172,371, but the actual contribulion was £104,807, resulting in a deficit of £67,564. This shortfall was primarily attributed to an additional £34,000 in staffing costs for the mobilisation. induction, and training of the new staff team at Wooldridge View, alongside increased agency recruitment fees. While we faced financial challenges. our operational successes and the high-quality care we provide to our clients remain commendable. We look forward to building on these achievements in the Goming year. SCA Care - Day Care (Southampton Living WelllSLW) Over the past 12 months, the Southampton Living Well Service has undergone significant changes and achieved notable successes. Following the request from our commissioning authority, Southampton City Council, we have concluded our parlnership with Age UK Southampton (then Age UK Wiltshire} due to low occupancy levels in their hub. As a result, we are now the sole provider of the Southampton Living Well SeNice, entering the final year of our contract, which has been extended until July 2025 while the service is recommissioned. The Southampton Living Well Service currently operates from INO service areas: Freemantle Community Centre and Chamberlain Leisure Centre. We are pleased to report that occupancy levels have consistently remained at or above 90°/o, demonstrating strong demand for our services. Additionally, we have seen a positive trend in self-funding customers, with a consistent month-on-month increase, reflecting the community's growing reliance on our service. Our seNice provides essentl81 support and day respite for older individuals with current support needs, fostering an inclusive, active, and supportive environment. The management team has effectively promoted the seNi¢e among commissioners and strategic social work teams, ensuring good visibility within the community. In the last financial year, the expected budget for the Southampton Living Well Service was £496,374. We are pleased to report that we achieved a total income of £586,200, resulting in a positive variance of £89,826. Furthermore, the overall contribution to the core activities of our charity was anticipated to be £108,264., however, we exceeded this expectation, achieving a contribution of £138,179, some £29,915 ahead of our forecast. The achievements over the past year highlight our commitment to providing invaluable service5 to the community while maintaining financial sustainability. We look fomard to continuing our efforts in the coming year and to the successful recommissioning of the service.
PaLse 17 REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 FINANCIAL REVIEW These Financial Statements reflect the financial activity of Social Care in Action as a group of social enterprises and individually. whose activities are primarily training, employment enabling and consultancy work. These consolidated Financial Statements for the SCIA group of social enterprises reflect Ihe combined income and expenditure of the businesses, its activities and impacts. The sc group of social enterprises recorded a deficit of £737,105 in the year to 30 September 2024 (2023- deficit of £555,795). The group income in the year ended 30 September 2024 was £5,398,876 compared to £4,918,364 in Ihe previous year. Expenditure for the year was £6,135,981 compared to £5,404,159 in the previous year. The group now has a tolal reserve of £2,687,170 at 30 September 2024 compared to £3,424.275 at 30 September 2023.The trustees are satisfied wilh the financial stability of the group. Principal Funding Sourcos The prinGipal funding sources for the Individual charitable company are currently by way of training sales to SCA Care. Investment Powors and Policy The trustges do not consider it prudent, at this stage, to invest income in stocks, shares or bonds for the longer term. The policy for investrnent is, therefore, to retain funds as cash and place them on bank deposit at the best rate obtainable. Reserves Policy and Going Concern It is the policy of the charitable company to aim towards maintaining unrestricted funds, which are the free reserves of the charitable company, at a level where unrestricted funds will be sufficient to meet its outgoing expenses. The level of reserves is part of the charitable company's business planning, budgeting and forecasting process. It takes into account: risks associated with each stream of income and expenditure being different from that budgeted; planned activity levels., and organisational commitments. It 15 the trustees policy to hold approximately three months running costs as free res8rves. As at 30 September 2024 that would equate to a maximum of £1,533,996. The actual free reserves held al that date was £2,226,587. The trustees are of the view that the charitable company and group are a going concern. The auditorfs opinion on page 10 states that, based on the work they have performed. they have not identified any material uncertainties relating to event5 or conditions that, individually or collectively, rnay cast significant doubt on the group or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. PLANS FOR FUTURE YEARS Plans for SCA care concentrat8 on several significant areas over the next three years, prioritising sustainabS1ity, workforce development, operational resilience, and partnerships within the community. SCA Home Care- the organisation aspires to broaden its self-funded portfolio while educating the workforce on the creation of sales funnels and customer relationship management systems. Additionally, there is an objective to expand geographical Coverage and enhance the customer base. SCA Specialist Care - SCA intends to strengthen its relationships with commissioning managers and conlinue engaging with the appropriate frameworks. The organisalion will pursue opportunities for supported living service5 through tenders, ensuring that growth does not come at the expense of quality. SCA Extra Care - SCA plans to maintain the advancements achieved over the past year whilst assessing upcoming tenders and introducing a self-funded offering within this service area for individuals whom want to gain more independence within the community. SCA Daycare - The organisation aims to retain current contracts and Collaborate with new partners for Gonsortiums that align with the new commissioning requirements. The primary focus remains on mitigating social isolation and loneliness while delivering high-quality respite for older individuals within the Southampton community.
REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 PLANS FOR FUTURE YEARS - contlnuad Options - We will continue to promote the charity to stakeholders wthin our local authorities and the NHS. and work wth them lo identify gaps in piovision that Options can support wth. To ensure the ongoing financial sustainability of the charity we will also focus on Ihe growth of our counselling offer with a keen eye on what is most impactful. Furthemiore, Options will continue to pursue grant funding when available to tackle unwmet needs in our communities. Transport- Looking ahead to the upcoming financial year. our plan is to prioritise a strategy for financial viability, ensuring that il remains a key focus for our operations. A critical component of this strategy involves Ihe continued provision of the Southampton Living Well service, which facilitates transport for individuals attending SCA Cares day services provision. which is subject to retendering in July 2025. Should the contract for this service be renewed, it will be essential to consider the fleet renewal strategy to enhance our operational efficiency and service delivery. This will involve evaluating our current fleet and identifying opportunities for upgrades or replacements to better meelthe needs of our users while also ensuring sustsinability. By taking these proactive steps, we aim to secure the future of our services and conlinue supporting our community effectively. Govemlng Document The company is a charitable company limited by guarantee, incorporated on 5 September 2002 and registered as a charity on 8 April 2003. The charitsble company was established under a Memorandum of Association whlch established the objectives and powers of the charitable company and is govemed under ils Articles of Association. In the event of the charitable company being wound up, members are required to contribute an amount not exceeding £10. Recruitment and Appolntment of Trustees The directors of the company are also chartty trustees for the purposes of charity law and, under the charitable company's Article5, are known as member5 of the Board. The director5 are reappointed in accordance wth the Memorandum and Articles of Association Trustee Inductlon and Training A programme is employed for the induction of new trustees. This includes visiting the offices. meeting staff and observing how the charitable company operates. 11 also encompasses a full induction in the charitable company's policies and procedures and involves examining the business plan. Organisational Structure Day to day operations and responsibilities are delegated to the Senior Management Team, who are responsible for ensuring the charitable company delivers the services specified, meets key perfomiance targets and stays within the agreed budgets. Risk Management The trustees have conducted a review of the major risk5 to which the charitable cornpany is exposed. Where appropriate, systems or procedures have been estsblished to mitigate the risks the charitable company face5. Significant external risks have led to the development of a strategic plan. Intemal control risks are minimised by the implementation of procedures for aulhorisation of all transactions and projects. The Injstees have identified reputational risk, financial risk, IT risk and health and safety risk as being the major risks they are exposed to. To mitigale these, the charilable company have controls which include partnership working, upgrading electronic neorkS and introducing technology to record events as and when they occur. In addition, all staff are provided with handbooks detailing the organisations expectations when they join. Related Partles Social Care in Action is a member of the SCIA group of social enterprises. The other members of the group. who are all Registered Societies under the Co-operative and Community Benefit Societies Act 2014. are SCA Care, SCA Transport Services, along with Options Wellbeing Trust. Steven James Pract¢Ge and Flat Spaces Foundation, companies limiied by guarantee and Registered Charities, Southampton Healthy Living, a company limited by guarantee. and Flat Spaces (Ropley) Ltd a company limited by shares. The charitable companies and registered societies are all operated and managed on a untfied basis with Social Care in Action acting as the parent body.
Pagye 19 REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Key Management and Personnel Remuneration The directors consider the board of directors, who are the charitable company's trustees and the senior management team, comprise the key management personnel of the charitable company in charge of directing and Controlling, running and operating the charitable company on a day to day basis. All directors give their time freely as trustees in the year. Pay Policy for Senior Staff The trustees review the remuneration of senior staff periodically on the basis of the performance of the individual Gonrned and the charitable company and group as a whole. RESPONSIBILITIES OF TRUSTEES The Injstees {who are also directors of Social Care in Action for the purposes ofcompany law) are responsible for preparing the Annual Report of the Trustees and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare Financial Statements for each financial year. Under company law the trustees must not approve the Financlal Statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company 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 SLfjitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP (FRS 1021. make judgements and estimates that are reasonable and prudent., slate whether applicable UK accounting Standards have been followed. subject to any material departures disclosed and explained in the Financial Statements., -and prepare the Financial Statements on the going concern basis, unless it is inappropriate to presume that the charitable company w(11 continue in business. The trustees are responsible for Tnaintaining proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the charitable company and to enable them to ensure that the Financial Statements comply wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the charitsble company and hence taklng r8asonable steps for the 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 charitable company's website. Legislation in the United Kingdom goveming the preparation and dissemination of the Financial Statements may differ from legislation in other jurisdictions. Statement as to Dlsclosure to our Auditors In so far as the trustees are aware, at the time of approving our Report of the Trustees.. there is no relevant information, being information needed by the auditor in connectlon with preparing their report, of which the charitable company's and group's auditor is unaware,. and the Iru5tees, having made enquiries of fellow directors and the group's auditor that they ought to have individually taken, have each taken all steps that helshe is obliged to tske as a director in order to make themselves aware of any relevant audit information and to establish that the charitable company's and group's auditor is aware of that information. AUDITOR A resolution to re-appoint Saffery LLP will be submitted to the annual general meeting. Approved by the trustees on 4 April 2025 and signed on their behalf by: E HICKMAN CHAIR
110 INDEPENDENT AUDITOR'S REPORT TOTHE MEMBERS OF SOCIAL CARE IN ACTION FOR THE YEAR ENDED 30 SEPTEMBER 2024 Opinlon We have audited the financial statements of Social Care in Action (the 'parent charitable company,) and its subsidiaries {the 'group'} for the year ended 30th September 2024 which comprise the Consolidated Statement of Financial Activities, the Consolidated and Parent Balance Sheet, the Consolidated Statement of Cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that 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 Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the affairs of the group and the parent charitable company as al 30th September 2024 and of the group's incoming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance wlth United Kingdom Generally Accepted Accounting Praclice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UKI) 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 group and parent charitable company in accordance with the ethical requirements that are relevant to our audil 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 sufficlenl and appropriate to provide a basis for our opinion. Conclusions relatlng to golng concern In auditing the financial statements, we have concluded that the trustees, use of the 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 evenls or conditions that. individually or Gollectively, may cast significant doubt on the group or the parent charitable company's ability to continue as a going concern for a period of at least e1ve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other infomiation The other information comprises the information included in the annual pOrt, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does nol 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. Our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsislent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially mi55tated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have perfomied, we conclude that there is a material misstatement of this other information,. we are required to report that fact. We have nothing to report in this regard.
INDEPENDENT AUDITOR'S REPORT (Continued) For the year ended 30 September 2024 Other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees, Annual Report which includes the Directors, Report and the Strategic Report for the financial year for which the financial statements are prepared is Gonsistent with the financial statements; and the Trustees, Annual Report which includes the Directors, Report and the Strategic Report has been prepared in accordance with applicable legal requirements. Matter8 on which we are requlred to report by exc•ptlon In the light of the knowledge and understanding of the group and the parent charitable company and their envlronment obtained in the course of the audit, we have not identrfied material misstatement5 in the Trustees, Annual Report and Strategic Report. We have nothing to report in respect of the following matters where the Companies Act 2006 require us to report to you if, in our opinion: adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or the parent charitable company 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 infomiation and explanations we require for our audit. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and to take advantage of the small companies exemplion in preparing the Trustees, Annual Report and the Strategic Report. Responsibilities of trustees As explained more fully in th8 Statement of Trustees, Responsibilities set out on page 8, the trustees {who are also the directors of the parent 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 view. and for such internal control as the trustees determine is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or eOr. In preparing the fi'nancial statements, the trustees are responsible for assessing the group and the parent charitable company's ability to continue as a going concern, disclosin9, as applicable, matters related to going concem and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so. Auditorfs responsibilities for the audit of the financial statements We have been appointed as auditors under the Companies Act 2006 and report in accordance with regulations made under that Act. Our objectives are to obtain reasonable assurance about whether the group and parent 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. 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.
INDEPENDENT AUDITOR'S REPORT (Continued) For the year ended 30 September 2024 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 specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below. Identifying and assessing risks related to irregularities- We assessed the susceptibility of the group and parent charitable company's financial statements to material misstatement and how fraud might occur, including through discussions with the trustees, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the group and parent charitable company by discussions with trustees and updating our understanding of the sector in which the group and parent charitable company operate. Laws and regulations of direct significance in the context of the group and parent charitable company include The Companies Act 2006 and guidanGe issued by the Charity Commission for England and Wales. Audit response to risks identified: We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items includin9 a review of financial statement disclosures. We reviewed the parent charitable company's records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the parent charitable company's policies and procedures for compliance with laws and regulations with members of management responsible for compliance. During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropnatenes5 ofjournal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner's review included ensuring that the team had approached their work with appropriate professional 5cepticism and thus the capacity to identify non-compliance with laws and regulations and fraud. Use of our report This report is made solely to the parent 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 slate to the parent charitable company's members those matters we are required to stale lo them in an auditor's 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 parent charitable company and th8 parent charitable company's members as a body, for our audit work, for Ihis report, or for the opinions we have formed. Casidhe Baleri (Senior Statutory Auditor) for and on behalf of Saffery LLP Bournemouth Office Midland House 2 Poole Road Bournemouth BH2 5QY Statutory Auditors Date: Saffery LLP is eligible to act as an auditor in terms of section 1212 of the Companie5 Act 2006.
SOCIAL CARE IN ACTION CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTS) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestricted Restrlcted Funds Funds 2024 2024 Totsl Funds 2024 Total Funds 2023 Note INCOME Donations and legacies Charitable activities Investment income Community benefit trading Other Income Gain on disposal offixed assets 104,180 5,165,394 54,475 74,244 104,180 504 5,165,394 4,796,259 54,475 54,993 74,244 64,847 583 583 1,761 TOTAL 5,398,876 5,398.876 4,918,364 EXPENDITURE Charitable activities Community benefit trading Costs of fundraising 6,091,620 44,361 6.091,620 5,359,754 44,361 39,205 5,200 TOTAL 8,135,981 6,135,981 5,404.15g NET EXPENDITURE FOR THE YEAR (737,105) {737.105) (485,795) OTHER RECOGNISED GAINS Losses on revaluation of fixed assets (70,000) MOVEMENT IN FUNDS FOR THE YEAR BEFORE TAX {737,105) (737,105) (555,795) TAX NET MOVEMENT IN FUNDS FOR THE YEAR {737,105) (737.105) (555,795) TRANSFER OF UNRESTRICTED FUNDS RECONCILIATION OF FUNDS Total funds brought forward 3.424,275 3,424,275 3,980,070 TOTAL FUNDS CARRIED FORWARD 2,687,170 2,687.170 3,424,275 The net expenditure for the purposes of the Companies Act 2006 comprises the net expenditure before other recognised gains or losses for the year of £737,105 (2023.. Net Expenditure £485,795).
| 14 SOCIAL CARE IN ACTION CONSOLIDATED AND PARENT BALANCE SHEET AS AT 30 SEPTEMBER2024 Consolidated Charitable Company Note 2024 2023 2024 2023 FIXED ASSETS Tangible fixed assets Investment property Investments TOTAL FIXED ASSETS CURRENT ASSETS Debtors Cash at bank and in hand TOTAL CURRENT ASSETS LIABILITIES Creditors: Amounts falling due within one year 12 1,960,859 2.2g3,451 13 190,000 190,000 14 1,074,558 1,064,501 2,150,859 2,483,451 1,074,560 1,064,503 15 820,697 800,339 260,780 663,435 1,081,477 1,463,774 290,407 29 290,436 300,844 215.529 516,373 18 (545,166) (522,9501 {829,071) {175,514) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS 536,311 940,824 1538,635) 340,859 2,887,170 3,424,275 18 2,687,170 3,424,275 535,925 535,925 1,405.362 1,405,362 GROUP I CHARITABLE COMPANY FUNDS Unrestricted Income Funds.. General funds Revaluation reserve 19 2,256,719 2,963,692 430,451 430.451 535,925 1,375,230 Total Unrestricted Income Funds 2,687,170 3,394,143 535,925 1,375,230 Deslgnated Funds 19 30,132 30,132 Restricted income funds GROUP I CHARITABLE COMPANY FUNDS 19 2,687,170 3,424,275 535,925 1,405,362 The trustees have prepa group Financial Statements in accordance with section 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. These Financial Stslements constitute the annual Financial Statements required by the Companies Act 2006 and are for circulation to members oflhe Charitable company. The consolidated Balance Sheet incorporates all the charitable companies and regISted societies within the SCIA group. The notes on pages 17 to 32 form part of these Financial Statements. Approved by the trustees on 4 April 2025 and signed on their behalf by: io E HICKMAN CHAIR A TONKIN TREASURER COMPANY REGISTRATION NUMBER: 04526806
Page 115 SOCIAL CARE IN ACTION CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Note 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Net cash used in operating activities CASH FLOWS FROM INVESTING ACTIVITIES (716,592) (388,834) Interest income Proceeds from sale of property, plant and equipment Proceeds from sale of investment Purchase of property, plant and equipment NET CASH PROVIDED BY I (USED IN) INVESTING ACTIVITIES 5,087 330,075 10,542 2,198 {21,225) 313,937 1174,165) 1161.425) (550.259) 1,213,694 663.435 Change in cash and cash equivalants in the year Cash and cash equivalent5 at the beginning of the year Cash and cash equlvalonts at the end of the year {402,655) 663,435 260,780
SOCIAL CARE IN ACTION NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 1 RECONCILIATION OF NET (EXPENDITURE)I INCOME TO NEf CASH FLOW FROM OPERATING ACTIVITIES Consolidated 2024 2023 Net (expenditure)fincome for the year as per the Statement of Financial Activities (737,105) (555,795) Adjustments for: Interest income shown in Investlng actlvltles Depreciation charges Revaluation of fixed assets Lossl(Gain) on disposal of fsxed assets {Increase)IDecrease in debtors Increasel(Decrease} in creditors Net cash used in operating activities (5,087) 16,317 {10,542) 22,127 70,000 (1,761) 113,408 (26,2711 {388,834) 7,425 (20.358) 22,216 {716,592) ANALYSIS OF CASH AND CASH EQUIVALENTS Consolldated 2024 2023 Cash at bank and In hand Bank overdraft Total cash and cash equivalents 280,713 (19,933) 260,780 663,435 663,435
SOCIAL CARE IN ACTION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACCOUNTING POLICIES Charity Information Social Care in Action is a charitable company established under its Memorandum and Articles ofAssociation and registered with the Charity Commission and Companies House in England and Wales. The principal address is 1 Paynes Road. Southampton S015 3DL. The charitable company is a public benefit company. The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the Financial Statements are as follows: (a) Basis of Preparation The Financial Statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their Financial Statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 20151- (Charities SORP IFRS 1021, the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Financial Statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts are rounded to the nearest £. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwlse slated in the relevant accaunting po5icy note. (b) Group Flnancial Statements The Gonsolidated Financial Statements incorporate the results of Social Care in Action and its related Registered Societies and charitable companies on a line by line basis. The consolidated entity is referred to as Ihe SCIA group of social enterprises (group). The Charity has taken advantage of the exemption, under sectson 408 of the Companies Act 2006, not to publish its own Statement of Financial Activities. The charitable company's total income for the year was £250,742 (2023..£562,102) and its total expenditure was £1,120,178 {2023'. £964,190) resulting in a net deficit of £869,438 (2023..defiGil £402,088). (c) Income All income is included in the Statement of Financial Activities when the charitable company is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Donations and legacies are included in full in the Statement of Financial Activilies when receivabl8. Income from charitable activities is accounted for when earned. Income from government and other grants, whether"capilal" grants or revenue" grants, is recognised when the charity has enlillement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Investment income is included when receivable. Donated servlces and facilities are included at the value to the charitable company. The valu8 of services provlded by volunteers has not been included in these Financial Statemenls. Volunteers are used to provide driving seNices assist in the operation of day centres. (d) Exponditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure Sncludes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. Expenditure on charitsble activities comprises those costs incurred by the charitable company in Ihe delivery of its activities and services for its beneficiaries. It includes both Costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs are allocated beeen the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly. others are apportioned on an appropriate basis, eg floor areas, per capita or estimated usage as set out in Note 7. Governance costs include those Gosts associated with meeting the constitutional and statutory requirements of the charitable Gompany and include the audit fees and costs linked to the strategic management of the charitable company.
| 18 NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 30 Saptember 2024 ACCOUNTING POLICIES (CONTINUED) {el Tangibl8 Fixed Assets Tangible fixed assets are stated at cost, less accumulated depreciation and any accumulated impairment losses. The costs of additions below £1,000 are not capitalised. Depreciation is provided at rates calculated lo write off the cost of each asset over its expected useful life as follows.. Buses and motor vehicles Office equipment Computer equipment Training equipment Furniture, fixtures and fittings Freehold building5 and propety Propety irnprovemenls 2 to 6 years 2 to 7 years 3 to 4 years 4 years 3 to 4 years 50 years 5to15years The related entities. Options Wellbeing Trust and Flat Spaces Foundation, measures freehold property at their fair value and are to be revalued every 5 years. (Q Investment Property Investment properties are initially measured al cost and subsequently at fair value, with the change recognised in the Statement of financlal activities. (gl Debtors Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any trade discounts due. (h) Cash at Bank and in Hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three rnonths or less from the date of acquisition or opening of the deposit or similar account. Creditors and Provisions Creditors and provisions are recognised where the charitable company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due lo settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Finance Lease Agreements Assets held under finance leases where substantially all ofthe b8nefits and risks of ownership arLrue to the lessee, are ¢apitalised and disclosed under tangible fixed assets at their fair value. The assets are depreciated over the shorter of the lease term or their useful economi¢ life. The capital element of the future payments is treated a5 a liability. The total finance charge for each lease is charged to the Statement of Financial Activities so as to produce a constant periodic rate of charge for each accounting period. (k) Operating Lease Agreements Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities as incurred. Pension Costs The parent company, SCIA participates in the Hampshire County Council (HCCI pension scheme which is a Defined Benefit Pension Scheme within a multi-employer plan. HCC have provided details of the deficit relating to each entity. The registered society and the charitable company have entered into an agreement with the multi-employer plan provider that determines how the deficit is to be funded and this has been recognised as a liability in the consolidated Financial Statements. The charitable company and related enlilies also operate a defined contribution pension scheme. Payments to the scheme are charged as an expense as they fall due. (m) Taxation The activities of the charitable company and its related societies and charitable companies are exempt from Corporation Tax on their charitable activities. With the exptIOn of Flat Spaces Ropley as this is a limited mpany, limited by shares and subject to Corporation l ax. (n) Termination Benefits Termination benefits are recognised as an expense when the entity is demonstrably Committed to terminating the employment of an employee or group of employees before the normal retirement date. The entity is demonstrably committed when it has a detailed fomial plan for the termination and is without realistic possibility of withdrawal. Termination benefits are measured at the best estimate of the expenditure required to setue the obligation at the reporting date. ti)
Pagye 119 NOTES TO THE FINANCIAL STATEMENTS {Continued) For the year ended 30 September 2024 ACCOUNTING POLICIES (CONTINUED) (o) Fund Accounting Unrestricted funds consist of the general purposes fund and designated funds. Designated funds are funds established by the trustees from time to time for specific projects or purposes, are not in any way restricted and any surplus or deficit will be transferred tolfrom the general purposes fund when the designated fund is closed. Restricted Funds are funds subject to specific restrictions imposed by donors or by the purpose of the appeal. (p) Significant Judgements and Estlmates Preparation of the Financial Statements may require management to make significantjudgements and estimates. There are no items in the Financial Statements wherejudgements and estimates would have a significant effect on amounts recognised in the Financial Statements. (q) F5nancial Instruments The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans. which are subsequently measured at amortised cost using the effective interest method.
120 NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 30 September 2024 2 DONATIONS AND LEGACIES Consolidated Unrestricted Funds 2024 Total Funds 2024 Total Funds 2023 Donations 104,180 104.180 504 Total 104 180 104,180 504 The donations and legacles Income for the year to 30 September 2023 of £504 was unrestricted. 3 CHARITABLE ACTIVITIES Consolidated Unrestrlcted Total Funds Funds 2024 2024 Total Funds 2023 Local Authority l NHS contracts Customer contributions Private counselling Sundry income Use of buses Dial-a-ride Grants received 4,475,704 4.475,704 4,288,650 416,042 416,042 258,079 179,734 179,734 117,257 5,600 5,600 40,521 4,070 4,070 4,765 78,123 78,123 6,466 Total 5 165 394 5,165 394 4 796,259 Th8 group has entered Inlo servic8 agr88ment contracts with govemment bodies and local authorities to provlde the various servlces and specific deliverables that the group provides. There were no unfulfilled Gonditions andlor other contingencies attaching to the grants that have been recognised in income. The income received from charitable activities is split across the group's key activities as follows: Consolidated 2024 2023 Care Transport Infomiation and counsellin 4,511,461 4.152,205 468,599 475,314 185,334 168,740 Total 5 165 394 4,796.259 The consolidated income from charitable activities in the year to 30 September 2023 of £4,796,259 was unrestricted.
NOTES TO THE FINANCIAL STATEMENTS (Continued) For th6 year ended 30 September 2024 4 INVESTMENT INCOME 121 Consolldatad Unrestricted Total Funds Funds 2024 2024 Total Funds 2023 Bank interest Rent received 5,087 5,087 10,542 49,388 49,388 44,451 Total 54,475 54,475 54,993 The consolidated income from investment activities in the year to 30 September 2023 of £54,993 was unrestricted. 5 TRADING INCOME Consolldated Unrestrlct8d Total Funds Funds 2024 2024 Total Funds 2023 Disabled Pro ert Lets 74,244 74,244 64,847 Total 74 244 74 244 64 847 The consolidated income from trading activities in the year to 30 September 2023 of £64,847 was unrestricted. 6 ANALYSIS OF TOTAL EXPENDITURE Consolldated Informatlon & Adapted Care Transport Coungelling Holidays 3,392,130 276,068 243,198 Central 2024 Total 2023 Total Direct staff costs Agency staff Transport costs Other direct costs Daycare club amenities Motor and travel Bad debts written-off Support costs (note 7) Govemance {note 7) Community Benefit Trading Fundraising 830,821 355,683 4,854,680 4.208,820 256,448 283.882 68,836 84,118 24,287 24,776 13.250 68,836 5.127 19,160 73,351 80.625 73,351 80,625 42.776 36,384 430 23,022 23,452 1,391 227,096 275,669 58.231 116,620 3,780 681,396 643.988 6,545 10,000 4.000 5,500 2,500 28,545 33,619 44,361 44.361 39,205 5.200 Total 1,083 622 4,075.403 412,260 500 805 63,891 6 135,981 5 404 159 The ¢onsolidated expenditure on charitable activities in the year to 30 September 2023 of £5,404,159 was unrestricted.
Page 122 NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 30 September 2024 7 ANALYSIS OF SUPPORT AND GOVERNANCE COSTS The group identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Having identified its governance costs, the remaining support costs, together with the governance costs, are applied to the charitable and fundraising activities undertaken (see note 6) in the year. Refer to the table below for the basis of apportionment and the analysis of support, fundraising and governance costs. Consolldated Total Governance Basls of Funds Apportionment 2023 Support 2024 Support staff costs and expenses Establishment costs Administration expenses Equipment arbd maintenance Advertising and publicity Recruitment expenses Trustee expenses Legal and professional fees Audit fees Bank charges and interest Depreciation of fixed assets 99,010 297,029 94,888 35,207 68,730 42,540 99.010 297,029 94.888 35,207 68.730 42,540 1,045 20.420 27,500 7.255 89,926 264,474 119,999 33,206 27,332 46,797 1,323 35.202 26,950 9,052 Time Usage Usage Usage Usage Usage Governance Usage Governance Usage 1.045 20,420 27.500 7,255 16,317 Usa Total 681.396 28,545 709,941 677,607 8 NET EXPENDITURE FOR THE YEAR This is stated after charging.. Charitable Company 2024 2023 Consolidated 2024 2023 Depreciation Operatlng lease charges Auditorfs remuneratlon- Audlt fee Tax services Other advice Accountanc 16,317 22,127 41,225 51,173 27,500 26,950 750 3,000 725 150 1,601 8.059 7.749 4.000 3.920 Services
Pagye 123 NOTES TO THE FINANCIAL STATEMENTS {Continued) For the year ended 30 September 2024 ANALYSIS OF STAFF COSTS, TRUSTEE EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL Consolldated 2024 2023 Salaries and other costs Social Security costs Pension costs 4,746,809 3,666,800 76,879 298,779 37,698 90,411 Total 4,861.386 4,055,990 Employees, emoluments beeen £60,000 - £70,000 £70,000 - £80,000 £80,000 - £90,000 £90,000 - £100,000 £100,000- £110,000 £110,000- £120,000 £120,000- £130,000 £130 000 - £140,000 2024 2023 The average number of employees during the year was as follows.. 2024 169 15 27 2023 139 15 39 Carers Drivers Administration Total 211 193 During the year £619 was paid to 2 trustees for expenses in carrying out their duties (2023: £719, 3 trustees) Certain members of the Management Committees of related entities within the SCIA group of social enterprises, who are not trustees of Social Care in Action, have received remuneration and expenses in those entities. These detsils are disclosed in the relevant entities Financial Statements. The Senior Management Team received total employee benefits for the year of £519,913 (2023.. £470,614}. During the year, the Group incurred termination payments amounting to £78,179 (2023.. £Nil) These payments were made in accordance with the Group's redundancy policy and were recognised as expenses in the period in which the charity became committed to the termination plan. 10 OPERATING LEASE COMMITMENTS Consolidated 2024 2023 Less than 1 Year 2-5 Years More than 5 42.098 41,225 67,909 86,530 444,293 456,618 ears Total 554,300 584.373
Pabre 124 NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year Onded 30 September 2024 11 TAXATION Social Care in Action is a charitable company registered with The Charity Commission in England & Wales (charity number 1096903). The charitable company is exempl from Corporation Tax on its charitable activities. reference XR86896. The following societies had charitable status.. SCA Care (Reference X 01428191) SCA Transport Services (Reference XR 37023) Options Wellbeing Trust and Southampton Healthy Living are also exempt from Corporation Tax on their charitable activities. Provision has been made for taxation arising in the year to 30 September 2024 as follows: Consolidated 2024 2023 Corporation Tax provision for the year at 25 % Cor oration tax on Prior Year Total 12 TANGIBLE FIXED ASSETS Consolidated Buses & Motor Vehicles Freehold Land & Property Furniture, Fixtures & Fittings IT Equipment Office Equipment Total CostNaluation At 1 October 2023 Additions Disposals 2,250,631 3,583 <330,000} 17,117 1,190 470,391 107.329 12,667 (7,500) 55,228 2.900,696 3,785 21,225 (394,441 } (56,941) At30 tember 2024 Depreclation At 1 October 2023 Charge for the period Eliminated on disposal 1,924,214 413,450 112,496 59 013 2,527,480 6,409 470,391 94,921 35,524 607.245 3,227 8,019 7.071 16,317 (56,941) (58,941) At30 tember 2024 Net Book Values 9,636 413,450 100,940 42,595 566,621 At30 tember 2024 1.924 214 11,556 16.418 1,960,859 At 1 October 2023 2.250,631 10,708 12.408 19,704 2.293,451
Pag>e 125 NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 30 September 2024 The properties at Southampton were valued by Primer Olds in the prior year and agreed by the trustees based on relevant market information. All properties are unencumbered, with the exception of the property in Southampton where Southampton Cily Council has a legal charge over the property representing a 20°/0 interest in the property. The property's revaluation included in the group Financial Statements incorporates 800/0 of the total value of Ihe propety. Charltable Company Freehold Property IT Equipment Office Equlpment Total Cost At 1 October 2023 Additions At30Se 1,049,414 3,582 1,052 996 72,900 12,667 85,567 11,372 1,133,686 16,249 1 149 935 tember 2024 Depreciatlon At 1 October 2023 Charge for the year 67,111 4,072 2,074 2,120 69,185 6,192 At30Se tember 2024 71,183 Net Book Values At30Se tembar 2023 1052 997 14.384 1074,558 At 1 October 2023 1049 414 1064 501 13 INVESTMENT PROPERTY Consolldated Charitabla Company Costlvaluation At 1 October 2023 and 30 Se tomber 2024 190,000 Net Book Values At30Se tember 2023 and 30 Se tember 2024 190,000 The propety at Eastleigh was valued by Primer Olds, this revaluation took place in 2019. (The trustees believe the valuation has not materially changed).
Paue 126 NOTES TO THE FINANCIAL STATEMENTS (Continuéd) For the year endad 30 September 2024 14 INVESTMENTS Consolidated Charitable Company 2024 2023 2024 2023 Members, shares of £1 each urchased at 1 October 2023 Total Shares at 30 tember 2024 During the year ended 31 March 2012, Social Care in Action invested £1 to become a member of each of the following Registered Societies.. SCA Care SCA Transport Services During the year 8nded 31 March 2017, Social Care in Action became members of Options Wellbeing Trust and Southampton Healthy Living, both companies limited by guarantee. The guarantee is limited to £10 and £1 respectively per member for each of these companies, payable on the winding-up of the company. During the period ended September 2020 Social Care in Action became the member of The Steven James Practice, a company limited by guarantee of £10. During the period ended September 2022 Social Care In Action became the member of Flat Spaces Foundation, a company limited by guarantee of £10 The charity has 100 /0 Voting rights in the following subsidiaries: Gross Income Surplus I (Dafi¢lt) Subsldiary Entlty Status Prlnclpal Activity Interest Held SCA Care Reglstered Society Provislon of care services Registered Society Provision of transport services Charitable private Provision of gambling company limited by awareness and guarantee counselling services The Steven James Practice Charitable private Provision of gambling company limited by awareness and guarantee counselling services Charitable private Provision of adapted company limited by holidays guarantee Company limited by shares Company limited by guarantee Member 4,511,481 210,399 SCA Transport Member 472,423 60,163 Options Wellbeing Trust Registered legal entity 341,368 (136,4151 Registered legal entity (8,983} Flat Spaces Foundation Registered legal entity 26,904 3.784 Flat Spaces (Ropley) Ltd Operator of adapted holiday let Domiant Registered legal entity Registered legal entity 74,244 3.383 Southampton Healthy Living
NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 30 September 2024 15 DEBTORS Pae 127 Consolidated 2024 2023 Charitable Company 2023 2024 Trade debtors Other debtors VAT Prepayments and accrued income Amounts du• from Related Socl6tles: SCA Care SCA Transport Services Flat Spaces Ropley Flat S aces Foundation 596,029 520,537 4,665 14.871 5,531 19,033 45,547 13,847 214,472 245,898 19.353 26,288 12,199 2,770 233 245,507 225.507 Total 820697 800,339 290407 300844 16 CREDITORS: Amounts falllng due wlthin one year Consolldated 2024 2023 Charltable Company 2023 2024 Trade creditors Other creditors Social Security and other taxes Accruals Deferred income (Note 17) Bank overdraft Amounts du6 to Related Socletlès.. SCA Care Flat Spaces Foundation SCA Transport O tions Wellbein 76,635 101.417 32,933 25,444 85.613 44,498 8,530 84.836 76,635 24.305 18.768 166,408 220,711 131,674 79,689 9,455 24.851 19.933 175,945 31,500 190,000 345,000 99,921 Trust Total 545.166 522950 829071 175514
NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 30 September 2024 17 MOVEMENTS IN DEFERRED INCOME Consolidated 2024 2023 Charitable Company 2022 2023 Deferred income at 1 October 2023 Income released during the year Income deferred in the ear 79,689 26,091 (144,852) 198,450 51,985 Deferred income at 30 Se tember 2024 131,674 79,689 18 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Designated Funds Funds 2024 2024 Consolidated Restricted Funds 2024 Total Funds 2024 Total Funds 2023 Tangible fixed assets Investment Properties Current assets Bank overdraft Current Ilabllities 1,960,859 190,000 1,101,410 (19,933) 1,960,859 2,293,451 190,000 190,000 1,101,410 1,463,774 (19,933) 545 166 Net assets at 30 Se tember 2024 522,950 2,687,170 2,687,170 3 424,275 Unrestrlcted Designated Funds Funds 2024 2024 Restrlcted Funds 2024 Charitable Company Total Total Funds Funds 2024 2023 Tangible fixed assets Investments Current assets Current liabilities 1,074,558 1,074,558 1,064,501 290,436 829,071 290,436 829,071 516,373 175.514 Net assets at 30 Se tember 2024 535,925 535,925 1,405 362
NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 30 September 2024 19 ANALYSIS OF CHARITABLE FUNDS Consolidated At Incoming Outgolng 01.10.23 Resources Resources At 30.09.24 Analysis of Movements in Unrestricted Funds General Fund Revaluation reserve 2,963,692 430,451 5,398,878 (6,105,849) 2,256,719 430,451 Totsl Unrestrlcted Funds 3 394 143 5,398 876 6 105 849 Analysls of Movamants in Designated Funds Action Fund 2.687 170 30,132 30,132 Total Desl nated Funds 30,132 30,132 Total Restrlcted Funds Total Funds 3 424 275 5,398 876 6 135 981 2.687 170 At Charitable Company Incomlng Outgoing 01.10.23 Rosources Resources At 30.09.24 Analysls of Movements in Unrestricted Funds General Fund 1,375 230 250,742 1.090,047 535,925 Total Unrestricted Funds 1375 230 250,742 1,090 047 Analysis of Movements in Designated Funds Action Fund 30,132 30,132 Total Desi nated Funds Total Restrlcted Funds Total Funds 1 405,362 250,742 1 120 179 535 925
NOTES TO THE FINANCIAL STATEMENTS (Contlnued) For the year ended 30 September 2024 Page130 Unrestrlcted Funds Unrestricted Funds comprise of :. General Fund~ Those funds which the Trustees are free to use in accordance with the Charity's objects and to fund the Charity's net fixed assets. Revaluation Reserve- relates to investment property and freehold property revaluations in Options Wellbeing Trust and Flat Spaces Foundation. Designated Funds Action Fund-A fund created from the proceed5 arlsing on the disposal of SCA Trafalgar Ltd to fund charitable projects both internal and external to SCIA and within the objectives of the charity. Restrlcted Funds Restricted Funds are funds which have been given for particular purposes and projects. The Restricted Funds must be used for the specific purpose as laid down by the donor. Consolldated At Incomlng Outgoing 01.10.22 Resources Resources Prlor year At 30.09.23 Analysls of Movements In Unrestricted Funds General Fund Revaluation reserve 3,397,352 4,917,784 (5,351,444) 2,983,692 500,451 70,000 430,451 Total Unrestricted Funds Analysls of Movements in Designated Funds Action Fund 3 897 803 4,917 784 3 394 143 81,687 580 Total Desi 52,135 30,132 nated Funds 580 Anatysis of Movements In Restrlcted Funds Hardshi fund 580 580 Total Restrlcted Funds 580 580 Total Funds 3 980,070 4 918,364 5474 159 3 424 275
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 30 September 2024
P
NOTES TO THE FINANCIAL STATEMENTS {Continu&d) For the year ended 30 September 2024 23 RELATED PARTIES Social Care in Action is a member of the SCIA group of social enterprises. The other members of the SCIA group of social enterprises are SCA Care. SCA Transport Services, Options Wellbeing Trust, The Steven James Practice, Flat Spaces Foundation, Flat Spaces {Ropley) and Southampton Healthy Living. All charitable companies and registered societies of the SCIA group of social enterprises are operated and managed on a unified basis. Pae 132 During the year Social Care in Action undertook transactions with the related societies in the normal course of activities. This amounted to £258, 706 (2023.. £282,408). As al 30 September 2024. Social Care in Action (parent) had a number of outstanding balances with related societies as disclosed in notes 15 and 16. 24 LEGAL STATUS OF THE CHARITABLE COMPANY The charitable company, Social Care in Action, is limited by guarantee and has no share capit81. The liability of each member, in the event of winding-up, is limited to £10. 25 ULTIMATE CONTROL Social Care In Action is controlled by the trustees, acting as Dlrectors of the Charitable Company.