REGISTERED COMPANY NUMBER.. 05101120 (England and Wales) REGISTERED CHARITY NUMBER: 1110178 REPORT OF THE TRUSTEES AND UNAIIDITLD fr INANCIAL STATEMINTS foR THE YEAR ENDED 31ST MARCH 2024 FOR WANDSWORTH CARE ALLIANCE Leroy Reid & Co Chartered Ccrtificd ALcountants and Statutory Auditors 299 NorthlK)rou8h Road Norbury London SW164TR
WANDSWORTH CARE ALLIANCE CONTENTS OF THE FINANCIAL STATEMF.NTS roR THE YEAR kNDF.D31ST MARCFI 2024 Page Referenee and dmlnlstratlve de¢AII$ Report of the trustees Independent examlner's report Statement of flnAnelAI Actlvlties Balance sheet Cw5h Ilow stAtement Notes to th¢ ca$h flow stotement 10 Notes to the flnanc1741 staltmentg 11 to 16 Detlled statement of finwnclal aetlvltles 17
WANDSWORTH CARE ALLIANCE REFERENCE AND ADMINISTRATIVE DETAILS FOR'fHE YEAR ENDED 31ST M,*RCH 2024 TRUSTEES D Covey - (Chairperson) A Horsford T Mytton S Hickey V Kingsbury C Collins A Nokes (resigned 31.03.2023) REGISTERED OFFICE Tooting Works 3rd Floor 89 Bickersteth Road London SW17 9SH REGISTERED COMPANY NUMBER 05101120 (England and Wales) REGISTERED CHARITY IYUMBER 1110178 INDEPENDENT EXAMINER Leroy Reid & Co Chartered Certified ALcountants and Statutory Auditors 299 Northborough Road Norbury London SW16 4TR BANKERS National Westminst¢r Bank PIC Balham Branch 128 Balham High Road London SW12 9AE INSURER BHIB Limited AGM house 3 Barton Close Grove Park Enderby Leicester LE19 ISJ Page I
WANDSWORTH CARE ALLIAIYC REPORT OF THE TRUSTEES FOR TIII I'CAR ENDCD 31ST MARCII 2024 The trustees who are also director5 of the charity for the purposes of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 3 1st Mareh 2024. The truslees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {cffcctivc l January OBJECTIVES AND ACTIVITIES Objectives and *im5 'i"he objectives of the charity ("the ut)jects" j are ihe relief of SiCKness ana the preservation of gooa nealth inLiuuin¥ without limitation by the provisioi) of information and advice and by providin¥ an independent voluntary sector voice and by monitoring, reviewing and seeking to contribute to the improvement of health and SOCI care services. in particular but not exclusively. for people from minority group5 and their families. Slgnlllelnt actlvltles S¢rvl¢o D•liir•ry During the reporting year, WCA continued to d¢liver its charitable aclivities by contract and commission, enabling it to fulfil its charitable objectives. The Trustees believe ihat the combination of the activitie5 in hand {described in the paragraphs immediately below) repr¢s¢nts a strong fit with the charity's purposes and goals. VoluntAry Sector Coordlnotioll Service (VSCS) The work to deliver a Vvlunlary Sector Coordinalion Service (VSCS). The aims of the Service include: "The creation of a more coordinated and belter connected third sector, that is, the several hundred community and voluntary organisations. inLludingy Lhurities, condilion support groups. and faith groups in Wand5WQrth. "Helping the ICB and the Wandsworth Borough Council IWBCI identify where resources can be deployed most eftectively into IhL third sector. "Ensuringy better communiLation and understanding bthveen ihc third 5ectur and statutory partner.%. Volunteerlng W9ndsworth The work, funded by City Bridge Trust, ttTr help promote and facilitate Volunteering and vnlunteering opportunities in Wandsworth. InLluding the creution and development of a volunteering brokeragTQ plattorm to connect volunteer5 with volunteering opportunitie5, With around 900 volunteer5 and around 16n organisations register¢d. Healthy Communities The work to incr¢ase Capacity in the voluntary Sector to tackle health inequalities in the Wandsworth communlty. The aims of the service inLlude'. "R¢Lruitment of Healthy Communitie5 Proje Offi¢¢r to network and engage local Community and voluntary organisations on the subject of health inequalities. "Tl)e delivery of a pilot community health champions project, appointing volunteer health champions lo engage people in W&ndsworth on the topic of healthy lifestyles. HeAlthwAtch Wandsworth (HWW) HWW, like all Healtliwatclies. 15 funded by and a¢¢ountable to the local authority (in this case, Wandsworth Borough Counril}. Its main slatutory function5 are to.. 'Oblain th¢ views of people about their needs and experience of local health and sorial care services. Local Healthwatrh make these views known to those involved in the commissioning and scrutiny of care servi¢¢s. 'Make reports and make recommendations 8boTrut how those services could or should be improved." 'Promote and support the involvement of people in the monitoring, commissioning and provision of local health and Social care Services. Mental He4lth projects WCA'S mental health service-user project is called 'Voicing Views,. The aim is to achieve substsntive positive improvements in service5 through service-u5er involvement in their design and commissioning of services relating to the delivery and development of mental healih service provision in Wandsworth. A representative of Voi¢ing Views 5its on m05t of the major groups and forums and attend meetings that relate these matters. They are also involved in one-off onsultations and focus groups. Th¢ prevalence of mental health issues Within the LGBTIA+ Community is significantly highei. than within the general population. The Wandsworth LGB TIA+ Mental Health Project aims to tackle issues sui'rounding healih inequalitie5 Page 2
WANDSWORTH CARE ALLIANCE REPORT OF THE TRUSTEES FOR TIIE YEAR ENDF,D 31ST MARCH 2024 OBJECTIVES AND ACTIVITIES SAgnlficallt #ctivitieg faced by the LGBTIA+ Community in the Borough. by engaging with the LGBTIA+ Community in Wandsworth, the local voluntary sector and community groups, young people, adults and older people. and service commissioners and providers (particularly the LGB TIA+ delivery group). Engaging with the NHS And the Local Auihorlty In the context of these activities, WCA staff, truslees and volunteers conlributing their time, were actively engaged participants throughout the year in a range of forums concerned with the design, commissioning and delivery of local health and care servic¢s in Wandsworth. WCA was able to present evidence to these bodies, using feedback from service users. residents, and organisatiorts in ihe voluntary sector with a view to influencing fulure developments. WCA & HWW repre5enlatives also Sat on various Boards and rommittees Y4nd steering groups. Worklng with volunte¢rs Anoiher vital aspect of WCA'5 activity is the ¥olleGtive work and hundreds of hours of time contributed by individual volunteers across the organi5ation. Over the year. Ih¢y have undertaken a very wide ran¥¢ of tasks. On WCA'5 behalf TrLlStees and all staff at WCA wish to express their gratitude and appreciation for the dedication and support of all its individual volunteers. without whom the organisation could not achieve its aims. Public beneflt The Trustees Confinn tliat they have complied with their duty lo have due regard for the guidance of the Charity c.ommission on public benefit in ¥pect of the scope of WCA'S activities. STIL4TEGIC REPORT Achievement ajjd performance Chiritable activities Overvle 'rhe rcporting year 2023-24 was a year atTe¢l¢d by the Cost-of-LivinbF Crisi5. The pressure on financial wellbeing has molivaled the charity tu work responsively with HR policy to ensure the wellbeing of it5 Staff, and Lonsult with the public on challenges lo health and social care that intersecl with findncial insecurity. They are confident that WCA wa5 able to mainlain its Posltion in supporting the community during the year, and that it is adapting and carrying on working towards its objectives with consideration of the current 80¢iu-cconomic context. Durin&) the year. the Board maintained the practice of supplementing ils regular agenda of financial and governance matters, with detailed reports from the CEO and with regular presentstions by project leaders. Flnan¢l41 revlew Flnanelal p051tlon WCA reported a gurplus for 2023-24 of £5R.563 {2023 £60,483) and reserves at the year-end was £382,019 (2023 £323,456). including restricted funds of £ 1,107. Principal funding 50urees The charity's principal funders are NHS South Wesl London CCG and LB Wandsworth Coun¢il. Re$¢rves policy The trustees have in place an agreed policy that each year a reserves calculation paper to identify and justify reserves tsrget5 for the charity will be produced and presented to the Board for approval. This implements the review of the organisation's policy on its reserves which the trustees carried out in the light of the Charity Commission's guidance. The review recognis¢d that the identification of the WCA'S reserves was relatively straightforward as it had no endowment funds and only minimal restri¢ted in¢ome and tangible fixed assets. The Trustees Concluded in the review that the WCA might need reserves for three areas.. (i) contingencies; (li} liquiditylcash flow. and (iii) future commitments. Page 3
WANDSWORTH CARE ALLIANCE REPORT OF THF. TRUSTEES VK I HE YEAR F.'NI)ED 31ST l.RCH 2024 STRATEGIC REPORT 'ingneial review The Trustees accordingly monitored the level of reserves and reserves targets during the course of 2023-24 against the background of the target range that had been agreed for the year and was set out in the policy. The outcome is set out bove. Following the end of the financial year the reserves policy was again reviewed, r¢cognising relevant new fa¢tors, such as continued uncertainty of the operdtional conlext. inflationary pressure, wst of living and possibly th¢ impact on public and vollintary sector resources. as in previous year5 an annual reserves ¢alculation paper was prepar¢d by the financial sub¥roup and presented to the board for ¢onsideralion. Going eoncern We have con5id¢red and assessed if the ¢harity'S financial 5taternentS Should be prepared on the basis tliat the entity will have suffi¢ient financial resource5 to operate for the next 12 monlhs. We have concluded Ihat th¢ iharity will indeed have suificient resources for the next 12 months. PrlnelpAI rlsks and uncertHlntle$ The trustees have considered the major risks based on our services delivered and our regponsibililies to all OUT partners and employees and we are satisfied that appropriatc a¢lions have been taken to miti¥ate those risks. Future plans Although 2024-25 15 likely to be a continuing periijd of uncertainty both internally with the Current Voluntary se¥tor Ci)ordinalion Service conlr¢lCt and fLinding diie to end I I sl December, and Lxternal nati()nal and local factor5. Wlth the changiingi national political landscape, the shape Df the local integralion and the resources available, Ihe Trustees intend to maintiiin the Charity's iTli55ion ol. working to iinpi'ove health aiid wellbeing¥ through community involvement, collaboralion, action and through a stronger voluntsry s¥¥lur. Al Ilie saiiie liiiie, Iiiaii)taiiiiiig staff wellbeing especially in ihe context ot heightened pressures and anxieties relalin&F to the cost-of-living crisis. STRUCTURE, GOVERNANCE AND MANAGEME]YT Governlng do¢ument The Charity is controlled by its governing document, a deed of trust. and constitutes a limited company. limited by guarantee. as defined by the Companies Act 2006. Recruitment and Appointment of new trustees The Board has the power to appoint additional Truste¢s as required. None ot the Dire¢tors and Trustees has any beneficial interest in the Company. OrganisAtional structure WCA wa5 founded in 1991 and was governed by its constitution until its date of incorporation. The Company was incorporated on the 14th April 2004 and wa5 not r¢gistered as a charity until the 23rd June 2005. The aim of the Tru5t¢es continues to be to maintain an operational and governance framework to maximise the value of WCA'S work and the economy and propriety with which it is delivered. ils coherence within the organi5ation and externally. to build up the capacity of WCA io continue lo deliver its goals. and to facilitate its success in doing so. Related parties There were no related party transaction to report for the year under review. Page 4
WANDSWORTH CARE ALLIANCE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Rlsk management The Trustees have regularly conducted a review, undertaken bi-monthly. of the major rigk5 to which WCA might be exposed. The approach taken in the Risk Register is to identify potential risks and set Dut mitigatory measures together with planned actlODS. These and related policies are updated in the light of Charity Commission and government guidance. Sections cover for example, contractual arrangements for funding, health and safety for staff, volunteers and clients. Other entrtes cover safeguarding measures and training, whistle blowing protection and counter.fraud measures. The appropriate level of financial reserve5 to hold is s¢t out in the Financial Reserves Policy whlch tskes into consideration & variety Df possible contingencies. The Board decided to increase the minimum target reserves level in respect of liquiditylca5h flow lo allow for an increase in operating costs and considered thai ih¢ appropriate target range for March 2024 should be from £193.000 to £417.500. relating to a range of 3 to 6 months of operation. up to the level of the cumulative total of identified risk mitigations. The Trustees remain mindful of the circumstances requiring them to make a report to the Charity Commission of any serious incident in relation to the operations of the WCA. The Board have duly considered this. We confirm that there has been no reason in respect of the activities during 2023-24 or previously for us to consider that any ¢vent had constituted a Serious Incident requiring a report to the Charity Cornmi5sion. Report of the Iruste directors. on ... inu orating a Strategic report, approved by order of the board of trustees, as the company and signed on the board's behalf by: Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES WANDSWORTH CARE ALLIANCE Independent exkminer's report to the trustees ofwaDdsworth Care AIIIAnce ('the Compafjy,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 3 1st March 2024. Responsibilitlts And basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you arc responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {*he 2006 ACY). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 A¢t and are eligible for independent examination. I report in respect ot-my examination ot your charity's aGGounts as carried out under Se¢tion 145 of the Charities Acl 2011 (Ihe 2011 ACV). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145{5} (b) of the 2011 Act. Independent exAminer's statement Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confim that l am qualified to undertake the examination because l arn a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confftrni that no matters have come to my attention in connection with the examinatton giving me cause lo believ¢: accounting records were not kept in resped of the Company as required by Section 386 of the 2006 Act" or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of Section 396 of the 2IKJ6 Acl other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. or Ihe accoun15 have not been prepared in accordanre with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounls in accordance with the FinanLial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)). I have ni) c(InLerns and have come across no other matters in Liinnection with the examination to which att¢ntiL)n should be drawn in this report in order to enable a proper understanding of the a¢¢uunts to be reathed. Ebenezer Okai The Association of Chartered Certified Accountants Leroy Reid & Co Chartered Certified Accountant5 and Statutory Auditors 299 Northborough Road Norbury London SW16 4TR Dale.. Page 6
WANDSWORTH CARE ALLIANCE STATEMENT OF FINANC.IAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2D24 2024 Total funds 2023 Total fuDds UnstriCted fund Restricted fund5 Notes INCOME AND ENDOWMENTS FROM Cbarit*ble ActivltAes Service Level Agreement Grant 347,152 245,031 347,152 285,531 574,864 40.500 Other incom¢ Totsl 594 558 635 058 581089 EXPENDITURE ON Charltgble activitleg Charitable Core Activitl¢5 537 102 576 495 520 606 NET INCOME 57,456 1,107 58.563 60.483 RECONCILIATION OF FUNDS Tolal funds brought forward 323,456 323.456 262.973 TOTAL FUNDS CARRIED FORWARD 380.912 107 382.019 323.456 The notes form part of these financial statement5 Pagc 7
WANDSWORTH CARE ALLIANCE BALANCE SHEET 31ST MARCH 2024 2024 2023 Notes FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand 3.452 620 980 3,452 459,330 624,432 462,782 CREDITORS Amounts falling due within one year 10 {242,420) (139J33) NET CURRENT ASSETS 382 012 TOTAL ASSETS LESS CURREIYT LIABILITIES 382,019 323,456 NET ASSETS 382019 323 456 FUNDS Unrestricted fuTJds Restricted funds 12 380.912 107 321,456 TOTAL FUNDS 382019 323 456 The charit¢ible company is entitled lo exemption from audit under Se¢lion 477 of the Companies Act 2006 for the year ended 3 1st March 2024, The mernbers have not required the company to obtain an audit of its fanCIal statements for the year vnded 3 1st March 2024 in accordance with Section 476 of the Companie5 Act 2006. The twstees acknowledge their responsibilities for (a) ensurin¥ that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2CK)6 and preparing financial 5tatement5 which give a true and fair view of the stste of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial ststemenls, so far as applicable to the charitable company. (b) The nanc statements were approved by the Board of Trustees and authorised for issu¢ on L)L%....... and were signed on its behalf by: D Covey - The notes form pait of these financial slalemen15 Page 8
WANDSWORTH CARE ALLIANCE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 Note5 Cash flow5 from operating activities Cash generated from operaiions 161.650 145,960 Net cash provided by operating activities 161650 145 960 Change in c4sh 4nd cash equlvalents In the reporting period Cgsh Ind ¢ash equlvAlentS At the beglnnlng ofthe reportfing perlod 161,650 145,960 459 330 313370 C48h 9nd ¢48h tqulvalents at the end or the reporting perlod 620.980 459,.130 The notes form part of these financial statements Page 9
WANDSWORTH CARE ALLIANCE NOTES TO THE CASH FLOW STATEMENT FOR THE Tr'EAR ENDED 31ST MARCH 2024 RECONCILIATION OF NET IIYCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net lllcome for the reporting period (AS per the Statement of financial ctivities) AdJu$tment$ for: Increase in creditors 58,563 60,483 103 087 85.477 Net cash provided by operations 161650 145.960 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 CA8h flow At 31.3.24 Net cash Cash at bank and in hand 459 330 161650 620 980 459 330 161650 620 980 To¢81 459 330 161.650 620 980 The notes fomi part of these financial stateinents Page 10
WANDSWORTH CARE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS The financial slaternents of the charitable company, whlch is a public benefit entity under FRS 102. have been prepared in accordance wilh the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effethive l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republ1¢ of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. INCOME All income is recognised in the Siatement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received and th¢ amount can be measured reliably. EXPENDITURE Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of econornic benefils will be required in settlement and the amount of the obli&Tration can be measur¢d reliably. Expenditure is accounted for on an accruals basi5 and has been classified under headings that aggregate all cost relal¢d to the category. Where rosts cannot be dir¢¢tly attributed to particular headings they have been allocated to aclivities on a basis consistent with the use of resources. TAXATION The charity 15 exempt from corporation tax on its charitable activities. FUND ACCOUNTING Unreslricted funds can be used in accordance with the ¢haritablc objLftive5 at the di5creliun ufi'ihe trustees. Restri¢tvd funds can only be used for particular restricted purposes within the objects of the charity. RestriLtions arise when specified by Ihc donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purposv of eaLh fund 15 included in the noles lo ihe financial slatvments. PEIYSION COSTS AND OTHER POST-RETIREMENT BENEFITS The charilable company operates a defined contribution pensi(In schemc. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Service Level Agreement Total aetivitie8 Total ctivitie$ Grant NHS South Wesl London ICB Wandsworth Borough Council City Bridge Foundation Other grants Richmond Council 180,000 167,152 200,695 380.695 167,152 40,499 44.337 341,214 228,953 40,499 44.337 4.697 347 152 285 531 632 683 Page 11 ontinued.-
WANDSWORTH CARE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR EIYDED 31ST MARCH 2024 CHAIUTABLE ACTIVITIES COSTS Direct Cos1$ (see note 4) Charitable Core Activities 576 495 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 Staff costs Premises & refurbishment cost Insuran¢¢ Telephon¢ Printing and slalionery Advertising Sundries Training and conference Volunteer c.ost Travelling Refreshments and subsistence Venue Hire Legal and professional fees Subs¥ription IT ResoLirces Outsourced work Equipment Bank charge5 Web development Examiner & payroll fees ALyency staff cost Grants paid out 435,562 29.690 2,931 2.384 4,526 3,082 790 870 367.304 45,031 2,770 2,530 3.336 10.443 1.049 131 70 258 2.128 2.190 2,420 7.957 7.340 11.700 4,138 413 687 3.926 637 2.732 2,087 3,767 9.509 12.001 12,114 492 1,653 4,233 6.455 40,980 44,585 576.495 520.606 TRUSTEES, REMUNERATION AND BENEFITS There were no tru5tees' remuneration or other benefits for the year ended 315t March 2024 nor for the year ¢nd¢d 3 1st March 2023. TRUSTEES, EXPENSES There were no trustee5' expenses paid for the year ended 31stMArch 2024 nor for the year ended 3 1st March 2023. Page 12 ontinued...
WAINDSWORTH CARE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2024 STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 395,243 34,915 333,382 29,793 4,129 435.562 The average monthly number of employees during the year was as follows". 2024 2023 Chlef Executive- full time stsff - full time Staff - Part time 13 13 The number of employees whose employee benefits (excludin¥ employer pension rosts) exceeded £60.000 was: 2024 2023 £60,001- £70.000 COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UDrestrlcted fund Restrlcted fund Total funds INCOME AND ENDOWMENTS FROM Ch&rit*ble acllvltles Service Level Agreement 574,864 574.864 Other income Tolal 581089 581,089 EXPENDITURE ON Ch4rit4ble Activltles Charitable Core Activities NET INCOME 60,483 60.483 RECONCILIATION OF FUNDS Total fiinds brought forward 262.973 262.973 TOTAL FUIYDS CARRIED FORWARD 323.456 323.456 Pag¢ 13 continued...
WANDSWORTH CARE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2024 TANGIBLE FIXED ASSETS Computer equipment COST At 1st April 2023 and 3 1st March 2024 DEPRECIATION At 1st April 2023 and 3 1st March 2024 NET BOOK VALUE At 31 st March 2024 At 31 st March 2023 DEBTORS: AMOUNTS FALLING DUE WITHIN O]YE YEAR 2024 2023 Other debtors io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade CrltOrS Accrued expenses Deferred Income 1,725 3.308 237 387 981 3.007 135 345 ?47 4?0 139333 ANALYSIS OF NET ASSETS BETWEEN FUIYDS 2024 Total funds 2023 Totwl funds UDreslricted nd Restrieted fund$ Fixed assets C.UTrent assets Current liabilities 623.325 242 420) 1,107 624,432 242 420) 462,782 139 333) 380912 382019 323 456 12. MOVEMENT IN FUNDS Net movement In fund8 At 31J.24 At 1.423 Unrestricted fuods General fund 323.456 57.456 380,912 Re5tric¢ed funds Restricted Fund 1,107 1,107 TOTAL FUNDS 323,456 58.563 382,019 Page 14 ontinued..
WANDSWORTH CARE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2024 12. MOVEMENT IN FUNDS- contlnued Net movement in funds, included in the above are as follows: Incomlng resource5 Resources expended Movement In funds Unrestricted funds General fund 594,558 (537,102) 57,456 Restrlcted funds Restric*d Fund 40.51)0 (39,393) .107 TOTAL FUNDS 635 058 576 495) Comparatives for movement In funds Net movemeDt In funds At 31.3.23 At 1.4.22 Ilnrestricted Ibnds General fund 262.973 60,483 323,456 TOTAL FUNDS 262.973 60.483 323 456 Cvmparative nel movernenl in fiinds, included in the above ar¢ as follows.. Incomlng resources Resources expended Movement ID funds Unreslrieted funds General fund 581,089 (520.606) 60,483 TOTAL FUNDS 581089 520.606) A current year 12 months and prior year 12 months combined position is as follows- Net movement In fuDdg At 31.3.24 Al 1.4.22 Unrestrieted tsnds General fund 262,973 117,939 380,912 Restrlcted funds Restricted Fund 1,107 1,107 TOTAL FU]YDS 262,973 119.046 382019 Page 15 ontinued...
WAIYDSWORTH CARE ALLIANCE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2024 12. MOVEMEIYT IN FUNDS - eonilnued A current y&qr 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming reyourcey Resources expende Movement In Unreslricled funds General fund 1,175,647 {1,057,708) 117,939 Restrleted tsnds Restricted Fund 40,500 {39,393) 1,107 TOTAL FUNDS ,216,147 (1.097,101) 119,046 13. RELATED PARTY DISCLOSURES There were no related party Iran5actions for the year ended 31 st March 2024. 14. GOING CONCERN The Charity's trustees have continued to lake Steps to consider ihe impact that the COVID 19 situation may hav¢ on the c.harity and consider that the charity has adequa¢e resource and sufficient sources of funds available for the foreseeable future. Therefore, the trustees believe that it is appropriate for this reason to continue lo adopt the gyoin&y concern basis in preparing the financial statements for the year ended 31 March 2024. Page 16
WANDSWORTH CARE ALLIANCE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Chgrltable 4dlvltles NHS South West London ICB Wandsworth Borough Council City Bridge Foundation Other grants Richmond Council 380,695 167,152 40,499 44,337 341,214 228,953 632,683 574,864 Other income Oiher Income Total Ineomlng resources 635,058 581.089 EXPEIYDITURE ChArlt4ble octlvltles Wages Social Security Pensions Premises & refurbishment cost Insurance Telephone Printing and stationery Advertising Sundries Training and conference Volunteer Cost Travellin Refreshments and sub$isten¢e Venue Hire Legal and professional fees Subscription IT Resources Oulsourccd work Equipment Bank charges Web development Examiner & payroll fees Agency staff cost Grants paid out 395.243 34.915 5,404 29,690 333.382 29,793 4,129 45.031 2.770 2.530 3.536 10.443 ,049 131 70 258 2,128 2,190 2,420 7,957 7,340 11,700 4,138 413 687 3.926 2,384 4.526 3.082 790 870 637 2,732 2.087 3,767 9,509 12,001 12,114 492 1,653 4,233 6,455 40.980 576 495 520 606 Totsl resources expended 576 495 ]Yet income 58,563 60,483 This page doe5 not form part of the Statutory financial statement5 Page 17