| Content | Pages | |
|---|---|---|
| Reference and administrative details |
||
| Report ofthe Board of | Trustees | 2-9 |
| Independent Auditor's |
Report | 10-12 |
| Statement of Financial |
Activities - Year ended 31 March 2022 | 13 |
| Balance Sheet | 14 | |
| Statement ofCash Flows |
15 | |
| Notes to the Financial | Statements | 16-25 |
| The Board | The Board | ofTrustees | Nadia Taylor (Chair) | Nadia Taylor (Chair) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Linda McHugh (Deputy |
Chair) | ||||||||||
| Hassan Hamidi Abu-Bakir |
(resigned | 2 December 2021) | |||||||||
| Elizabeth Adair |
|||||||||||
| Charles Adeniran | |||||||||||
| Punam Birly |
|||||||||||
| U'Hla Htay |
|||||||||||
| Jennifer Nel (Treasurer) |
|||||||||||
| Company | Secretary | Deirdre Goss (appointed | 1 July 2022) | ||||||||
| Sally Prentice (resigned | 1 July | 2022) | |||||||||
| Chief Executive Officer | Brian Jones (appointed | 1 | July 2022) | ||||||||
| Sally Prentice (resigned | 1 July | 2022) | |||||||||
| Registered | Office | Office 8 | |||||||||
| Beethoven Centre |
|||||||||||
| Third Avenue | |||||||||||
| London | |||||||||||
| W104JL | |||||||||||
| Auditors | Ward Williams | ||||||||||
| Belgrave House | |||||||||||
| 39-43 Monument | Hill | ||||||||||
| Weyb ridge | |||||||||||
| Surrey | |||||||||||
| KT138RN | |||||||||||
| Bankers | Unity Trust Bank Pic | Nationwide | Building | Society | |||||||
| Four Brindleyplace | Nationwide | House | |||||||||
| Birmingham | Pipers Way | ||||||||||
| B12JB | Swin | don | |||||||||
| Aldermore Bank PLC |
Redwood | Bank | |||||||||
| 1st Floor, Block B | The | Nexus | Building | ||||||||
| Western House |
Broadway | ||||||||||
| Lynch Wood | Letchworth | Garden | City | ||||||||
| Peterborough | Hertfordshire | ||||||||||
| PE2 6FZ | SG6 | 3TA | |||||||||
| Company | Number | 04712756 | |||||||||
| Charity | Number | 1097723 | |||||||||
| Solicitors | Coral Williams trading as Robinson |
Wilson | Solicitors | ||||||||
| Selbourne House |
|||||||||||
| 36A Elgin Avenue | |||||||||||
| London | |||||||||||
| W9 3PR |
| Unrestricted | Restricted | Total | Total funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| funds 2022 | funds 2022 | funds | 2021 | ||||||
| 2022 | |||||||||
| Note | |||||||||
| Income from: | |||||||||
| Charitable activities |
2 | 710,925 | 146,278 | 857,203 | 873,164 | ||||
| Donations and |
legacies | 3 | 14,815 | 51,174 | 65,989 | 56,989 | |||
| Investments | 1,990 | 1,990 | 2,198 | ||||||
| Other income | 3,926 | ||||||||
| 727,730 | 197,452 | 925,182 | 936,277 | ||||||
| Total income | |||||||||
| Expenditure | on: | ||||||||
| Charitable activities |
672,141 | 137,283 | 809,424 | 795,806 | |||||
| Raising funds | 56,077 | 56,077 | 58,819 | ||||||
| Total | 728,218 | 137,283 | 865,501 | 854,625 | |||||
| Net income I | (expenditure) | (488) | 60,169 | 59,681 | 81,652 | ||||
| Transfers between |
funds | 7,445 | 7,445 | ||||||
| Net movement | in | funds | 6,957 | 52,724 | 59,681 | 81,652 | |||
| Total funds brought | forward | 468,293 | 71,626 | 539,919 | 458,267 | ||||
| Total funds carried | forward | 475,250 | 124,350 | 599,600 | 539,919 |
| CARERS NETWORK WESTMINSTER | CARERS NETWORK WESTMINSTER | CARERS NETWORK WESTMINSTER | CARERS NETWORK WESTMINSTER | CARERS NETWORK WESTMINSTER | CARERS NETWORK WESTMINSTER | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (LIMITED BYGUARANTEE) | ||||||||||||
| BALANCE SHEET | AS | AT 31 NIARCH | 2022 | |||||||||
| Note | 2022f | 2022 F |
2021f | 2021 | ||||||||
| Fixed assets | ||||||||||||
| Tangible assets | 10 | 10,805 | 13,744 | |||||||||
| Current assets | ||||||||||||
| Debtors | 15,968 | 15,604 | ||||||||||
| Cash at bank | and | in hand | 604,143 | 553,309 | ||||||||
| 620,111 | 568,913 | |||||||||||
| Liabilities | ||||||||||||
| Creditors: amounts | falling due within | |||||||||||
| one year | 12 | (31,316) | (42,738) | |||||||||
| Net current | assets | 588,795 | 526,175 | |||||||||
| Total assets | less | current liabilities | F599,600 | F539,919 | ||||||||
| Charity Funds | ||||||||||||
| Restricted funds | 14 | 124,350 | 71,626 | |||||||||
| Unrestricted | funds | —General fund |
14 | 475,250 | 434,778 | |||||||
| Unrestricted | funds | —Designated | funds | 18 | 33,515 | |||||||
| F599,600 | f539,919 | |||||||||||
| Total funds | ||||||||||||
| The financial | statements | were | approved | by | the Trustees | on | and signed on their behalf by: |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | f. | |||
| Net cash flow from operating activities |
16 | 53,302 | 31,659 | |
| Cash flow from investing activities Payments to acquire tangible fixed assets Interest received |
(4,458) 1,990 |
(7,831) 2,198 |
||
| Net cash used in investing | activities | (2,468) | (5,633) | |
| Net increase in cash and |
cash equivalents | 50,834 | 26,026 | |
| Cash and cash equivalents | as at 01 April 2021 | 553,309 | 527,283 | |
| Cash and cash equivalents | as at 31 March 2022 | 604,143 | 553,309 | |
| Cash and cash equivalents consist of: |
||||
| Cash at bank and in hand |
604 143 | 553 309 | ||
| Cash and cash equivalents carried forward |
604,143 | 553,309 |
| 2.INCOME FROM CH | A | RIT | ABLE | ACTIVITES | ||||
|---|---|---|---|---|---|---|---|---|
| Restricted | Total | Total | ||||||
| Unrestricted | Income | Funds | Funds | |||||
| Funds | Funds | 2022 | 2021 | |||||
| 6 | f | 6 | 6 | |||||
| Carer Support and | ||||||||
| activities | ||||||||
| The National Lottery Community |
Fund | 61,288 | 61,288 | 23,206 | ||||
| Garfield Weston Foundation | 20,000 | |||||||
| Hammersmith and Fulham |
Council | 206,312 | 206,312 | 235,772 | ||||
| The Henry Smith Charity The Lloyds Bank Foundation City Bridge Trust Other income |
for | England | and Wales | 55,000 21,500 8,490 |
55,000 21,500 8,490 |
34,000 24,581 27,665 |
||
| Royal Borough of Kensington and Chelsea Westminster Amalgamated Charity Westminster City Council |
104,040 400 573 |
104,040 400 573 |
101,333 10,000 396607 |
|||||
| 710925 | 146,278 | 857,203 | 873 164 | |||||
| 3.VOLUNTARY INCOME |
||||||||
| Restricted | ||||||||
| Unrestricted | Income | Total | Total | |||||
| Funds | Funds | 2022 | 2021 | |||||
| Grants for individuals | 8,915 | 8,915 | 6,860 | |||||
| Donations and grants received |
14915 | 42 259 | 57 1174 | 50 129 | ||||
| 14815 | 51 174 | 65 989 | 56989 |
| 4.OTHER | INCOME | ||||
|---|---|---|---|---|---|
| Restricted | |||||
| Unrestricted | Income | Total | Total | ||
| Funds | Funds | 2022 | 2021 | ||
| Government | grants —Job | ||||
| Retention Scheme Support re Covid-19 |
3926 | ||||
| 3926 |
| Direct | Other | Support | Other | ||||
|---|---|---|---|---|---|---|---|
| Staff | Direct | Staff | Support | Total | Total | ||
| Costs | Costs | Costs | Costs | 2022 | 2021 | ||
| K | 6 | f | f | ||||
| Costs of Charitable | |||||||
| Activities | |||||||
| Carers Support &Events | 498,867 | 24,292 | 96,510 | 147,445 | 767,114 | 778,224 | |
| Governance | Costs | 27,935 | 14,375 | 42,310 | 17,582 | ||
| Raising Funds | 46,669 | 9,408 | 56,077 | 58,819 | |||
| f498867 | f 24292 | f171114 | f171 228 | 6965501 | f 854625 |
| 2022 | 2021 | |
|---|---|---|
| E | ||
| Audit fees | 7,200 | 6,635 |
| Trustee Support costs | 2,971 | 1,888 |
| Membership costs |
4,204 | 2,441 |
| Salary costs | 27,935 | 6,618 |
| 642 310 | 617,582 | |
| 7.NET INCOMING RESOURCES FOR THE PERIOD | ||
| This is stated after charging | ||
| 2022 | 2021 | |
| f | E | |
| Depreciation | 7,113 | 7,725 |
| Auditors' remuneration |
7,200 | 6,635 |
| b) | Staff | 2022 | 2021 |
|---|---|---|---|
| Salaries and wages | 583,312 | 612,351 | |
| Social security costs | 50,667 | 52,688 | |
| Pension costs | 35,203 | 39,193 | |
| Seconded and agency staff |
799 | 3199 | |
| 669961 | 797431 |
| 2022 | 2021 | ||
|---|---|---|---|
| No. | No. | ||
| Governance | and | ||
| generating | funds | ||
| Charitable | activities | 17 | 20 |
| 19 | 22 |
| Computers and |
|||||
|---|---|---|---|---|---|
| Equipment | |||||
| E | |||||
| Cost: | |||||
| At 1 April 2021 | 45,855 | ||||
| Additions | 4,458 | ||||
| Disposals | 2,123 | ||||
| At 31 March | 2022 | 48 190 | |||
| Depreciation: | |||||
| At 1 April 2021 | 32,111 | ||||
| Depreciation | charged | in the year | 7,113 | ||
| Depreciation | eliminated | on disposal | 1 839 | ||
| At 31 March | 2022 | 37,385 | |||
| Net book value | |||||
| At 31 March 2022 | E10805 | ||||
| At 31 March 2021 | f13744 | ||||
| 11 | DEBTORS | ||||
| 2022 | 2021 | ||||
| Grant debtors | 1,227 | 400 | |||
| Grants receivable - accrued income | 124 | 3,857 | |||
| Prep ayments | 14,617 | 11,347 | |||
| F15968 | E15,604 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | F | ||
| Trade creditors | 4,804 | 1,321 | |
| Accruals and deferred | income | 8,800 | 21,914 |
| Other taxation and social security | 13,194 | 14,121 | |
| Pension | 3,929 | 5,041 | |
| Other liabilities | 589 | 341 | |
| 631 316 | F42,738 |
| 2022 | 2021 | ||
|---|---|---|---|
| Total | commitments | 6,431 | 8,745 |
| General | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2022 | 2021 | |||||
| E | E | |||||
| Tangible | fixed assets | 5,582 | 5,223 | 10,805 | 13,744 | |
| Current assets | 500,984 | 119,127 | 620,111 | 568,913 | ||
| Creditors: Amount | falling due within one | |||||
| year | (31,316) | (31,316) | (42,738) | |||
| Net asset at 31 March 2022 | 475,259 | 124,350 | 599,600 | 539,919 |
| 15.MOVEMENT IN FUN |
DS | |||||
|---|---|---|---|---|---|---|
| Brought | Incoming | Outgoing | Transfers | Carried | ||
| forward | Resources | Resources | Forward | |||
| Restricted Funds |
F | E | E | |||
| End of Life Carers Project | 15,442 | 89,289 | (45,330) | 59,401 | ||
| Former Carers Project | 2,164 | (531) | (1,633) | |||
| On-Line Learning Platform Covid-19 Response Project Carers Founds Project Carers Counselling Project Inclusive Communications Project BizzyBox Lending Project Carers Trust Individual Grants |
10,000 7,423 11,667 19,713 |
23,255 8,000 5,000 23,453 8,915 |
(5,395) (3,122) (30,874) (10,247) (1,676) (3,231) (8,915) |
(4,605) 4,000 |
4,301 4,048 17,466 3,324 24,222 |
|
| Carers Connected Project |
12,050 | (462) | 11,588 | |||
| Website Development Project |
27,000 | (27,000) | ||||
| Other Restricted Funds |
5,217 | 490 | (500) | (5,207) | ||
| Total Restricted Funds | 71 626 | 197452 | 137283 | ~7445 | 124 350 | |
| Unrestricted Funds |
||||||
| General Fund |
434,778 | 727,730 | (728,218) | 40,960 | 475,250 | |
| Designated Funds |
33,515 | (33,515) | ||||
| Total Unrestricted Funds |
468 293 | 727,730 | ~728 218 | 7,445 | 475 250 | |
| TOTAL FUNDS | 539919 | 925182 | ~865 501 | 599,600 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 6 | F | |||
| Net income / (expenditure) |
for the year | 59,681 | 81,652 | |
| Interest receivable | (1,990) | (2,198) | ||
| Depreciation oftangible |
fixed assets | 7,113 | 7,725 | |
| Loss on disposal ofassets | 284 | |||
| (Increase) in debtors |
(364) | (1,683) | ||
| (Decrease) in creditors | (11,422) | (53,837) | ||
| Net cash from operating | activities | 53,302 | 31,659 |