Registered number: 05352055
Charity number: 1108865
SWANSEA CARERS. CENTRE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

Swansea Carers. Centre
Directors. Report and Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Company Information
Annual Report
Independent Auditoffs Report
9-10
statement of Financial Activity
li
Balance Sheet
12
ststement of Cash Flows
13-14
Notes to the Finanaal Statements
15-21

Swansea Carers. Centre
Company Information
For The Year Ended 31 March 2024
Trustees
Mrs Jane Davidson (Chair)
Mr David Burgess
Mrs Susan Davies
Mrs Gillian Stephens
Mr Robert Williams
Mr Byron Fussell
Mrs Kathryn Pri
Mrs Sonia Thomas
Mr Frank Ramsay (appointed 09111123)
Mr Ifor Glyn Jones
05352055
Secretary
Company Number
Charity Number
Registered Offi
1108865
104 Mansel Street
Swansea
West Glamorgan
SAI SUE
Accountants
Willis Jones
64 Walter Road
Swansea
SAI 4wr
AuditOTS
H R Harris & Partners (2010) Ltd
Pembroke House
Charter Court
Swanse
SA7 9FS
Bankers
Uoyds Bank PIC
802 Oxford Street
Swansea
SAI 3AF
Santander
l Union Street
Swansea
SAI 3EE
Bank of Scotland
600 Gorgie Road
Edinburgh
EHII 3AL
Virgin Money
Jubilee House
Gosforth
Newcastle Upon Tyne
NE3 4PL
Solicitors
Hughes Griffiths Partnership Soliotors
150 St. Helens Road
Swansea
SAI 4DF
Page 2

Swansea Carers. Centre
Annual Report
For The Year Ended 31 March 2024
The dTrertoTs have the pleasure in presenting their report and financial ststements for the year ended
March 2024.
I am very pleased to Introdu￿ the Annual Report for 202312024.
As l approach the end of my second year as Chair of the t#)ard of trustees, I can reftect that it has been another very
busy, challenging year.
I would like to begin by offering my thanks to the CEO. our senior management team, all the staff and volunteers
including my fellow trustees. They have shown such dedicats.on to Swansea Cares Centre. l am immensely proud of the
way they have all worked to support one another and our service users. Through their dedication and commitment, they
have assisted one another through the most difficult cost of living crisis and supported the continued development of
thls amazing organlsation.
I would also like to thank our funders for their continued support. We are living in challenging times but with your help
we a￿ conts"nuing to offer more support to more dive￿ groups of carers. We a￿ extremely grateful for your support.
The cost-of-livl￿g crisis continues to imtx)se pressures on carers. staff, volunteers and trustees. l am proud to report
that we in Swansea Carers Centre have been able offer support to service users. stsff and volunteers while rnaintsining
the integrity of the organisation.
The cost-of-living crisis continues to impose pressures on carers. stsff, volunteers and trustees. l am proud to report
that we in Swansea Carers Centre have been able offer support to Sery1￿ users, siaff and volunteers while maintaining
the integrity of the organisation
Chair of trustees - Jane Davidson
2023-2024 Chief Executive Officers. Report (incorporating Trustees. annual report)
Every year we see to a mixture of challenges and successes faced by Swansea ca￿r$ Centre and by carers in Swansea.
This year has not seen any difference. The financial climate has proved very difficult for carers, coming so Soon after the
challenges of Covid. The life of carers is diffficult at the best of times but the Cu￿nt stste of the economy and the cost of
fuel during the past 12 months ha5 added to pressLJres around heating homes and eating. As an or9anisation we have
responded to these pressure5 by strengthening our fuel tK)verty team, offering hardship grènts and extended our reach
in the community. Swansea Carers Centre has not been resting on its laurels and our stsff continue to work with carers
to identify and develop creative and innovative services. ￿fe for many unpaid carers in Swansea continues to be difficult.
Making a positive change in the lives of Care￿ is our rni55ion and since 2005 we have been working with carers and
professionals in Swansea to identify their needs and tjevelop Se￿iCe5 that meet those needs. No single agenry can meet
all the needs of carers 3nd partnerships and collaborations are not only desirable but essential. The list of individuals and
agencies With which we work grows year on year- and we welcome and thank all those who work with us in trying to
improve the lives of ca￿r$. We are fortunate in Wales that carers are supported and prioritised by Welsh Government
and the regional partnership. The￿ is a recognition of the need to support carers and the cared for, but also a recognition
of how essential Ca￿rS are in the continuats'on and fulure of health and social care fabric in Wales.
The work of Swansea Carer5 Centre supports and embra￿ the priorities of the Welsh Carers StTrtegy
Identifying and valuing unpaid carers
Providing information, advi￿ and assistan
Supporting life aloftgside caring
Supporting carers in education and the ¥¥orkplace.
Despite the numerous challenges that the organisation and staff have fa￿ during the last five years we have seen some
signifficant achievements:
Increased the number of carer5 engaged with by 18 %
Increased the number of carers contact by 14
Increased the number of carers from underrepresented groups such as BAME, male carers, working family carer5.
Increased the number of groups and activities being offered to carers.
Increase in confidence and satisfathon in services provided (270 carers su￿eyed)
We have positive communicatior> with carers and are always eager to work with them to listen to their nee(1s and work
with them to develop responses to issues identiffied. Carers are the ones who know what is needed and it's essential they
continue their role in Servi￿ development. During the past year, some of the new developments and highlights include..

Swansea Carers. Centre
Annual Report
For The Year Ended 31 March 2024
Successful tender Swansea Council Carers Hub development
Increase in contacts and activity with BAME and Male Carers
Continued success and development of provision for dementia carers
Over 300 activities and courses for carers
Introduction of fee-paying option for Ty Conway day ￿ntre
Recouping over £4million in benefits for carers
Support group for those affetted by Can￿r.
Next twelve months
I have no doubt that the next 12 months wlll be equally as busy and challenging -and rewarding. We look forward to two
big developments which we hope to see improving Se￿1￿ for carers in Swansea.
After many years based on Mansel Street, Swansea Carers Centre will be moving to new premises on Prince of
Wales Roacf on the 10th of October this year. The building will improve accessibility, offer significantly more
space for attivities and direct work. and will also offer parking space which carers have identified as needed.
We are excited to be moving to accommodab.on which will allow us lo develop and expand our services in the
city. It will be an exciting development, and we are IcM)king foTh¥ard to welcoming all carers
exisb'ng and new
carers
Swansea Carers Hub -This year we were succe55ful in our bid to Swansea Counol to develop and deliver a Carer5
Hub in Swansea. Work is already well underway in setting up the Hub, which will offer improved access to all
services for carers in Swansea, offer assessment of need and provide individual support plans. We welcome
partner agencies who will be working with us on this inits"ative which will improve pathways to services.
Thank you
The work and achievements of the Swansea Carers Centre is down to teamwort which includes the time and dedication
of our trustees and volunteers and of course the commitment and professionalism of our team of employed workers. I
am fortunate and proud to be working with all of theffl who have such passion in "maknng a positive change in the lives
of carers".
As always, l am extremely grateful to every funder who shows faith in our ability to support unpaid carers in Swansea.
Without your support our work would not happen.
It is with muth sadness that I must note the passing of tsyo incredible individuals during the past year who served the
Swansea Carers Centre for manyi many years in various capacitr"es. Both Shirley Bowen and Liz Rees gave much of
their lives to irnproving the lives of Ca￿r5 and their contribution lo the developrllent of Swansea ca￿rS cent￿ was
invaluable. We appreciate and a￿ grateful for all they did over the years, and they will be missed as colleagues and
friends.
Key Achievements during 2023-24
Incoming ￿sourceS during the year amounted to £1.334,004 with resou￿$ expended amounting to £1,281,090 giving
a net income over expenditure of £52.914. At the year-end unrestsicted ftjnds totsl £537,458 and restricted funds totsl
£301.153

Swansea Carers. Centre
Annual Report
For The Year Ended 31 March 2024
Key
Achievements
4,10147&74
C￿ beFw]Ilolc¢rer5
' 24599
7283
99
aieccrtrs
Numberol
contacts
3,601
conr¢Kisvrim
£87,900
60
417
Su¢etrè".
834
h￿fore
Cartr
167
Youn94OJ
ca￿r%
12,220 1
ttiienthn&50t
264
|tcrerswpsxirt•dby |
I cresieiFAfgF¢rrity
Curerswoj￿cI
f3W
C3fEf5
The Board of Trustees have reviewed the reserves policy of the charity and have agreed that in line with most charities
that re￿1ve their funding from Local Authorities it Y40uld appear prudent to hold readily realisable reserves equivalent to
around six weeks expenditure to cover late re￿Ipt of grant income (currently £76,800) together this is covered by our
contingency fund of £267,470 this is made up of-
Potential redundancy costs £99.870
Potential lease liability £117,000
Potential pension liability £4,000
Potential Telephone/internet system £6,600
Potential sickness and maternity liability £40.000
In addition-
£34,000 allocated to fund ￿ year fixed term full-time post of Information &
Quality Manager to work within Smr
£30,000 for costs to move to new ￿￿miSeS induding overlap of I month s
rent for cuffent and new premises. and additional Leg81 fees incurred
£13,000 allocated to fund 3-day week admln assistant post
£30,000 has been allocated to fund stsff core posts
£80,000 has been allocated to fund projectslserv1￿S
£20,000 has been allocated to cover temporary posts
£30,000 has been allocated to cover loss of income
£10,000 has been allocated to cover costs of additional premises costs
£10,000 has been allocated for development of web page
£10,000 has been allocated to cover Team Leader increments in salary rate
Page 5

Swansea Carers, Centre
Annual Report
For The Year Ended 31 March 2024
Principal Activity
The coM￿ny,S principal athvty continues to be that of the provision of assistan￿ to carers across the City & County of
Swansea.
Dirertors
The directors who held Offi￿ during the year were as follow5:
Mrs Jane Davidson
Mr David Burgess
Mrs Susan Davies
Mrs Gillian Stephens
Robert Williams
Mr Byron Fussell
Mrs Kathryn Pri
Mrs Sonia Thomas
Mr Frank Ramsay
ApkKiinted 0911112023
Trustees Responsibilities
Under the Charities Act 2011. the trustees are required to p￿pa￿ a ststement of accounts for each financial year which
gives a true and fair view of the stste of affairs of the charity at the end of the financial year and of the incoming
resources and application of resources in the year. In p￿paring the statement, the trustees are required to:
Select suitsble accounting kvlicies and apply them consistently.
Make Judgments and estimates that are reasonable and prudent.
state whether applicable accounknng stsndards and ststements disc105ed and explained in the statement of
accounts.
Prepare the accounts on a going concern basis unless it is inappropriate to p￿Surne that the Charity wlll not
continue its operation.
The Trustees a￿ responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financial position of the Charity at that time and to enable the Trustees to ensure that any ststement of account
p￿pared by them complies with the regulations under seckn.ons 130 to 132 of the Charities Act 2011. They are also
responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
In the case of each of the persons who are directors at the time when the directors report is approved
So far as the Directors are aware. there is no relevant audit information (information needed by the companys
auditors in connection with preparing their report) of which the company'5 auditors are unaware; and
Each Director has tsken all the steps that he Ishe ought to have taken as a director in order to make him I
herself aware of any relevant audit infomiation and to estsbli5h that the company's auditors are aware of that
information.
Amounts are presented within items in the 5trternent of financial activities and balan￿ sheet,. the directors have had
gard to the substance of the reported transattion or arrangement, in accordance with generally accepted accoLsnting
principles or practice.
The Board of Trustees are satisfied with the perfOrnian￿ of the Charity during the year and consider the state of the
organisation's affairs to be sab"sfattory for the foreseeable ftjture. The Board of Trustees have given consideration to
major risks to which the Charity 15 exposed and the Charity's procedure's designed to manage these risks. Internal
financial nsks are reduced by the implementstion of protrdure that aim to ensure that all transath.ons are duly
authorised. Such procedure a￿ regularly reviewed to ensure they are 5ttll ￿leVant.
Page 6

Swansea Carers. Centre
Annual Report
For The Year Ended 31 March 2024
statement of Disclosure of Information to Auditors
En the case of each director in Offi￿ at the date the Dirertors, Rep)rt is approved..
so far as the director is aware. there Is no relevant audit infomiation of which the company's auditors are
unaware. and
they have tsken all the steps that they ought to have taken as directors in order to make themselves aware of
any relevant audit infomation and to establish that the company's atjditors are aware of that informats"on.
H R Ha￿lS & Partners have indicated their willingnes5 to continue in Offi￿ and in accordan￿ wtth the provisions of the
Companies Act that they tre re-appointed for 2024125.
Approved by the Directors and Trustees on the i* October 2024.
fLI y/VW-
Robert Bryn Williams (Hon. T￿aSUrer)
Pa8e 7

Independent Audltor's Report
to the Members of
Swansea Carers. Cent
Opinion
We have audited the financial ststements of Swansea Carers, Centre for the year ended 31 March 2024 which comprise
the Income and Expenditu￿ Account, Balance Sheet, Statement of Changes of Equity, Statement of Cash Flows and the
related notes, including a summary of significant accounts.ng policies. The financial reporting frdmework that has been
applied in their preparntion is applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practi￿), including FRS 102 Yhe Financial Reporttng Stsndard applicable in the UK and Republic
of Ireland".
In our opinion the financial statements-
give a true and fair view of the state of the company's affairs as at 31 March 2024 and of Its surplus/{deflclt)
for the year then ended.
have been properly prepared in accordan￿ with United Kingdom Generdlly AC￿pted Accounting Prath￿; and
have been prepared in accordance with the requi￿ ments of the Companies Act 2006.
Basi5 for OpinKon
We conducted our audlt in aca)rdance with International Standards on Auditing (UK) (ISAS (UK)) and appSicable law.
Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the
financial statements settion of our rep)rt. We are independent of the company in accordance with the ethical
requirements that are relevant to our audit of the financial ststements in the UK, including the FRC'S Ethical Stsndard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
eviden￿ we have obtsined is sufficient and appropriate to provide a basis for our opinion.
Conclusion5 Relating to Going Concern
In auditing the financial ststements, we have conduded that the direttors. use of the going concern basis of accounting
in the preparation of the financial ststements is appropriate.
Based on the work we have perfomied. we have not identified any material uncertaintr'es relating to events or conditions
that, individually or collethvely, may cast significant doubt on the entity's ability to continue as a going concern for a
period of at least 12 months from when the financial ststements are authortsed for issue.
Our responsibilitie5 and the responsibilities of the direLtots with respect to going con￿rn are described in the relevant
settions of this reporL
other Information
The other information comprises the information included in the annual report, other than the financial statements and
our auditor's report thereon. The directors are responsible for the other infomiation contained within the annual report.
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 assuran￿ conclusion thereon. In connection with our audit
of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the
other information is materially Snconsistent with the financial statements or our knowledge obtained in the audit or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a material mi55tatement in the financial
staternents themselves. If, based on the work we have perfomied. we conclude that there 15 a material misstatement of
this other information, we are required to report that frdct.
We have nothing to report in this regard.
Opinions on Other Matters Prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit-
the infomiation given in the Strategic Report and Dirertors, Report for the finanoal year for which the financial
statements a￿ prepared is consistent with the financial statements. and
the Strategic Report and Directors, Report have been prepared in accordan￿ with applicable legal
requirements.
Page 8

Independent Audltor's Report (continued)
to the Mernbers of
Swansea CaTers' Centre
Matters on Which We Are Required to Report by Exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the
audit, we have not identified material misstatements in the Strategic Report or the Directors, Report.
We have nothing to report in respect of the following matter5 in relation to which the Companies Act 2006 requires us to
report to you if, in our opinion:
adequate accounting records have not been kept. or retums adequate for our audit have not been received
from branches not visited by Lts- or
the financial ststements are not in agreement with the accounting records or retums; or
certain disclosures of directors, remuneration specified by law are not made. or
we have not received all tt)e infomation and explanations we require for our audit.
Responsibilities of Dirertors
As explained more fully in the Dirertors, Resp)nsibilib"es Statement set out on page 3-4, the directors afft responsible
for the preparation of the financial ststements and for being satisfied that they give a true and fair view, and for such
internal control as the direttors detemiine is necessary to enable the preparation of finanaal statements that are free
from material misstatement, whether due to fraud or error.
In preparing the financlal statements, the directors a￿ resFonsible for assessing the company's ability to continue as a
going concern, disclosing, as applicable, matters ￿lated to going con￿rn and using the going con￿rn basis of
accounting unless the director5 either intend to liquidate the company or tD ￿ase operdtions. or have no realistic
alternative but to do so.
Auditor's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtsin ￿asOnable assurance about whether the financial statements as a whole are free from
material misststement, whether due to fraud or error, and to issue an auditor's 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 detert a material misststement when it exists. Misstaternents can arise from frdud or error and
are considered material if, individually or in the aggregate. they could reasonably be experted to influence the economic
decisions of users tsken on the basis of these finanaal statements.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website www.frc.ory.uklauditorsresponsibilits.es. This de￿rIpts.on fomis part of our auditorfs report.
Use Of Our Report
This report is made solely to the company's members, as a body. in accordan￿ with Chapter 3 of Part 16 of the
Companies Art 2006. Our audit v4ork has been unclertaken so that we might stste to the company's members those
matters that we a￿ required to state to them in an auditorfs reExirt and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume restyjnsibility to anyone other than the cornpany and the company's
members as a body, for our audit work, for this retY)rt, or for the opinions we have formed.
-H.t_._H_￿￿175_p_ F_oh_o_n (£0 lo) Ljd
Statutory Auditor
17 October 2024
H R Harris & Partners (2010) Ltd
Pembroke House
Charter Court
Swansea
SA7 9FS
Page 9

Swansea Carers, CentTe
statement of Financial Activitie5
For The Year Ended 31 March 2024
Unrestrirted
Fund5
Restricted
Funds
Total
Funds
Total
Funds
31 March
2023
2024
2024
2024
INCOME
Voluntsry income
Donations and grants
Investment Encome
240,363
2,297
1,102,320
1,342,683
2,297
1.048,858
515
TOTAL INCOME
242,660
1.102,320
1,344,980
1,049,373
EXPENDITURE
Expenditure on charitable
activities
238,114
1.055.334
1,293,448
1,046,381
TOTAL EXPENDITURE
238,114
1.055,334
1,293,448
1,048,380
NET INCOME
4,546
46,986
51,532
992
RECONCILIATION OF FUNDS
Total Fund5 brought Forward
Transfer of Funds
522,590
10,322
264.489
(10,322)
787,079
786,088
Total Funds carried forward
537,458
301,153
838,611
787,079
Pagt 10

Swansea Carers. Centre
Balance Sheet
As At 31 March 2024
2024
2023
Notes
FIXED AssErs
CURRENT ASSErs
stock
150
Debtors
io
98.629
780,202
97,928
726,077
Cash at bank and in hand
878,981
824,005
(36.926)
Creditors: Amounts Falling Due WithKn One Year 11
(40,370)
NET CURRENT ASSETS (LIABILrtlES)
838,611
787,079
TOTAL ASSEfs LESS CURRENT UABILrrIES
838,611
787.079
NET ASSETS
838,611
787,079
RESERVES
Restricted Income Fund
Unrestritted Income Fund
301,153
537,458
264,489
522,590
TOTAL FUNDS
838,611
787,079
Approved by the tnJ5tees on IP Ottokr 2024, and signed on their behalf by:
ALuJ44
Jane Davidson (Chair)
Robert Bryn Williams (Hon. Treasurer)
17th Ottober2024
The notes on pages 15 to 21 form part of these finanoal statements.
Pagell

Swansea Carers. Centre
statement of Cash Flows
For The Year Ended 31 March 2024
2024
2023
Notes
Cash flows from operating activities
Net cash (used inllgenerated from operations
51,828
(62.411)
Net cash (used in)Igenerated from operating activlties
51,828
(62,411)
Cash flows from investing activities
Interest received
2,297
515
{Dec￿aSe)/1ncrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
54,125
726.077
(61,896)
787,973
Cash and cash equivalents at end of year
780,202
726,077
Page 12

Swansea Carers. Centre
Notes to the Statement of Cash Flows
For The Year Ended 31 March 2024
l. Reconciliation of profit for the flnanclal year to cash {used In)/generated from operations
2024
2023
Profit for the financial year
Adjustments for..
Interest income
51.532
991
(2.297)
(515)
Movements In working capital-
Increase in stocks
Increase) in trade and other debtors
Increase/(decrease) in trade and other creditors
(150)
(701)
3.444
(43,109)
(19,778)
Net cash generated from/(used in) operats.ons
51,828
(62,411)
2. Cash and cash equivalents
Cash and cash equivalents. as ststed in the Statement of Cash Flows, relates to the following items in the Balan
Sheet:
2024
2023
Cash at bank and in hand
780,202
726,077
3. Analysis of changes In net funds
As at l April
2023
Cash flov4VS
Asat31
March 2024
Cash at bank and in hand
726,077
54,125
780,202
Page 13

Swansea Carers. Centre
Notes to the Financial Statements
For The Year Ended 31 March 2024
l. General Information
Swansea Carers, Centre is a private company. limited by guarantee, incorporated in England and Wales , registered
number 05352055. charity number 1108865 . The registsred office is 104 Man5el Street, Swansea, West Glamorgan,
SAI 5LIE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts (financial statements) have been prepared under the historical cost convention with items recognised
at cost or transaction value unless otherwise stated in the ￿levant note(sl to these accounts. The financial
Statements have been prepared in accordance with the second edition of the Chorities Statement of Recommended
Prartice issued in October 2019, the Financial Reporkn"ng Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102) and the
Charities Act 2011.
The trustees consider that there are no material uncertainties about the Trusys ability to continue as a going
concern.
The trust constitutes a public benefit entity as defined by FRS 102.
2.2. Going Concern Disclosure
The directors have not identified any rnaterial Un￿rtal￿treS related to events or conditions that may cast significant
doubt about the cornpany's ability to continue as a going concem.
2.3. Turnover
All income is recognised once the charity has enth"tlement to the income, it is probable that the income will be
received, and the amount of income receivable can be measured reliably.
Donations and Voluntary Income
Donations and similar income represent monies re￿iVed from charitable donations and gilts. They are recognised by
the charity upon receipt.
Grants
Income from government and other grants, whether capitsl or ￿Ven{le grants, is recognised then the charity has
entitlement to the funds, and performance condib.ons attsched to the grants has been met.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at Cost les5 accumulated depreciation and any accumulated impairment losses.
Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual
value, over their expected useful lives on the following bases=
2.5. Cash and Cash Equivalents
Cash and cash equivalents a￿ basic finanoal assets and indude cash in hand and deposits held at call with banks,
other short-term highly liquid investments that Matu￿ in no more than three months from the date of acquisition
and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank
overdrafts.
2.6. Taxation
The charity is exempt from corpordtion tax in income and gains to the extent that these are applied to its charitable
objectives.
Page 14

Swansea Carers. Centre
Notes to the Financial Statements
For The Year Ended 31 MaTch 2024
2.7. Pension5
The company operates a defined pension contribution scheme. Contributions are charged to the income and expendlture
account as they become payable in accordance with the rules of the scheme.
2.8. Expenditure
LiabilitTe5 are recognised as expenditure as soon as there is a legal or constDJttive obligation committing the charity to
that expenditure, it is probable that settlement will be reqUI￿d and the amount of the obligation can be measured
reliably.
All expendlture Is accounted for on an accruals basis. All expenses induding sUPPOrt costs and governance costs are
allocat￿ or apportioned to the applicable expenditure headings.
2.9. Restricted and Unrestrirted Funds
Restricted ReSe￿￿S
Restrlcted reseNes are used when there are s￿rriC restrictions and all(xations imposed by the donor. Expendlture
which meets these criterial is identified to the ftjnd.
Unrestricted Reserves
Unrestricted funds are donations and other income received or generated In furtheran￿ of the charity's objectives,
without specified purpose, are applied to the general. unrestr.cted funds.
Pa8e li

Swansea Carers. Centre
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
3. TOTAL RESOURCES EXPENDED
Unrestricted
Restricted
funds
Funds
Total
2024
Total
2023
2024
2024
Grants repaid
Wages and salaries
Employers Nl
Employers pensions
Recruitment costs
10,977
427,049
28.491
10,105
891
10,977
699,545
48.910
22,861
1,772
8,536
633
5,567
597,934
31,300
19,776
3,531
3,158
561
272,496
20,419
12,756
881
Staff training
Health and safety costs
Volunteer expenses
Travel and subsistence expenses
Carers TTrining
Carers travel, respite and attivitie5
Carers special fund
Support costs
Desk fees
3,389
465
5,147
168
24
2.647
2.016
33.722
328,842
2,671
2.065
33,917
330,850
4,786
1.963
24,727
233.575
49
197
2,008
(76,917)
(80.592)
(10,885)
45.289
8.962
76.917
80,592
10.885
Information packs
Rent and rates
500
45,789
8.962
35,674
9,384
Light and heat
Repairs and maintenance
Cleaning
Premises insurance
5,566
5.566
5,002
Computer sothare, consumables and
maintenance
7,528
6.115
13.643
12,292
Repairs, renewals and maintenance
other insurance
4,490
3.066
967
4,490
3,066
1,127
5,005
2,857
761
Printing, postage and stationery
Advertising and marketing costs
Telecommunications and data costs
160
5,285
5,016
9.797
6,855
4,712
12,140
14,709
9,728
9,797
9,473
9,775
Accountancy fees
Legal fee5
Professional fees
2,085
6.891
275
2,085
7,731
275
2,388
6,438
323
Subscriptions, liCen￿S and membership
Bank charges
Sundry expenses
Refreshments
840
1.795
576
2.371
2,353
1,680
269
269
Meeting expenses
(13.455)
17.127
3,672
3,716
238,114
1,055,334
1,293,448
1,048,381

Swansea Carers. Centre
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
4. Auditor's Remuneration
Remuneration received by the company's auditors and their as￿lateS during the year was as follows:
2024
2023
Audtt SerVi￿s
Audit of the company's financial statements
2,250
2,250
5. Staff Costs
Staff costs, including directors, remuneration. were as follows:
2024
2023
Wages and salaries
Social security costs
other pension costs
699,545
48,910
22,861
598,661
31,299
19,776
771,316
649,736
6. Average Number of Employees
Average number of employees, including directors, during the year was: 38 (2023: 35)
7. Tru5tees' remuneration
The tnjstees all give freely thelr tfjme and experyse wtthout any forni of remuneration or other benefits in cash or kind.
8. Interest Retsivable and Similar Income
2024
2023
Interest on Short terni deposits
2,297
515
2,297
515
Pag¢ 17

Swansea Carers. Centre
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
9. Tangible Assets
Computer
Equipment
Cost
As at l April 2023
28,261
As at 31 March 2024
28,261
Depreciation
As at l April 2023
28,261
As at 31 March 2024
28,261
Net Book Value
As at 31 March 2024
As at l April 2023
10. Debtors
2024
2023
Due within one year
Trade debtors
Prepayments and accnjed income
97,800
829
97,099
829
98,629
97,928
11. Creditors: Amounts Falling Due Within One Year
2024
2023
Trade creditors
1,279
io,ioi
3,619
21,927
Other tsxes and social security
Other creditors
Accruals and deferred income
10,601
4,329
25,439
40,370
36,926
12. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those
of the company in an independentyy administered fund.
During the year the charge to profit or loss in respect of defined contribution scherries was £22,861 (2023: £19,776).
At the balance shtrt date contributions of £3,867 were due to the fvnd and are included in Other creditors.
13. Company limited by guarantee
The company is limited by guardntee and has no share capital. Every member of the company undertakes to contribute
to the assets of the companyi in the event of a winding up. such an amount as may be required not exceeding £1.
Page 18

Swansea Carers. Centre
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
14. MOVEMENTS IN FUNDS
Asat
Incoming
Outgoing
Asat
01 April
2023
Transfers
Resources
Resources
31 March
2024
UNRESTRICTED FUNDS
General Funds
522.590
215,162
195,216
522,583
RESTRICTED FUNDS
ABMU Hospitsl Outreach Worker
ABMU Carers Info OffI￿r
(79)
1.458
20,362
1,015
(2,330)
4,548
2.437
1.214
32.244
32.831
1,345
52.032
1666)
(113)
Henry SmSth
Postcode Cornmunity Trust
ICF BAME2
53,700
22,030
1,015
3,579
17,689
18,938
Community Foundation
Male Qrer Projett Extension
Carers Awareness
Carers Trust Male Carer Meet &
Eat
Carer5 Trust MH
4,548
2,437
(1.214)
23
23
113
(113)
YAC Wellbeing Grants
Respite Support & Development
Time for me - Male Carers
530
530
983
758
758
Time for you - Innovatlve
Respite
YAC Other
4,975
812
4,163
1,880
3.762
495
1,880
451
Extended hours/Counselling
MH Services - extended
38,491
41,802
(495)
Carers ID badges
Make yourself known
Lloyds Volunteer
WCVA Volunteer
713
87
626
479
(67)
412
1.341
1,144
10.703
1.450
492
1,341
1,144
YAC Education & Training
care￿ Support Fund (WG)
Male Carer 3 Extension
76
14,999
25,779
1,450
492
Carers Isolats"on & Loneliness
4,387
(30)
3.237
4,387
21,643
22,194
Older People & Carers Connett
Mentsl Health Awareness
Volunteer Project - Post Covid
Recovery
22,360
29,326
687
10,369
7,864
50.760
46,670
11,954
..CONTINUED
Page 19

Swansea Carers. Centre
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
Asat
Incoming
Outgoing
Asat
01 April
2023
Transfers
Resources
Resources
31 March
2024
Fuel Poverty Projert
11.414
30.080
28.514
12,980
Millenium Stadium cr
7,500
7,500
Big Lottery Helping Working
Famllies
124,179
24,663
103,881
44,961
WCVA Volunteer Training
6.279
641
(6,920)
Postcode Lottery Peer Support
ICF Dementy"a Worker
435
{435)
59
53,606
55.023
(1,357)
755
ICF Emergencrf Respite
YAC Making Carers Count
Bug Lottery Covid 19 Awareness
Big Lottery Out of Hours Service
Safe & Well Packs YAC
38
24,962
44,260
24,245
43,045
1,327
(3,261)
1,343
12
2.045
{16)
(12)
934
934
Mind MH Projett Extension
WCVA Voluntsry Servi
Carers Week
2,559
600
(2,559)
(600)
(93)
(7.839)
93
Carers Assessment Pilot
7.839
2.667
Dementia Collaboration Projett
Parent C8rer Summer Grdnt
41,712
44,798
420
(4)
Male Carer 4
385
24,086
21,769
2,701
Period Dignity
MH & Wellbeing Support
Carers Support Fund 22-25
Coop YAC Attivities
Short Break5
85
(85)
(997)
18,042
1,034
ii,ioi
1,960
33,989
199,370
19,599
207,980
334
13,393
9,433
700
7,658
3,443
Swansea Council
{1,960)
38
WG Regional Partnership
Sundry Tncome
Amser Shortbreaks
3.783
3,821
25,198
79,764
8,319
1,727
198
25,000
89.279
9,636
50,300
9,515
Coast Summer
(1,317)
Volunteer servi￿ SPF
48,573
WGSB Respite
YAC Education Support
BAME2 Awards for Al
96,000
95,999
30,138
16,926
34
30,104
16,926
37,142
GP￿nk2
37.188
264.489
(10.322)
1.091,344
1,044,360
301,153
Page 20