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2022-03-31-accounts

ANNUAL REPORT Blackpool Carers Centre 11 2021-22

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We exist to
make a better
life for carers.
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Contents

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Introduction

This year contained a return to more normal service than what had gone before. With the ending of all the remaining coronavirus restrictions we resumed our regular programme of in person one to one support and respite activities for carers of all ages. The expansion of our services in this time has been led by the needs of carers and as such, we are privileged to present the 2021-2022 annual report, providing the story of the impact that our work has had on unpaid carers and their families in Blackpool throughout the past 12 months.

The further development of the Beaverbrooks House site has been a resounding success, providing us with a more sensible layout within the building and a fantastic space to the rear of the premises which allows for many more activities to take place on site. Our focus remains to make a better life for carers and our priorities have been to grow specific workstreams to meet their needs as well as to build the awareness of carers in our community.

We have been successful in commencing a specific project for the adult carers of those who are affected by substance misuse. This project, Refocus, complements our existing work on the Family Focus project and ensures that we are meeting the needs of carers in Blackpool.

The growth of our Caring Corporates programme has been particularly pleasing this year. Our supporters not only provide much needed financial support to ensure that our work can continue, but also take up the cause of carers more generally, raising awareness with their own networks and staff team. This commitment not only helps carers come forward for support, but also ensures that more people are aware of the issues affecting carers.

In short, these pages reflect a year of which we are very proud. Our work with the carers we already support has delivered transformative change to households across our town. The efforts we have undertaken to build awareness of carers more generally has meant that more carers have been referred to us than ever before.

Sarah Lambert, Tom McMurdo, Chair of Trustees Director of Finance and Resources

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Report of the Trustees

The trustees who are also directors 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 31st March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2015 (frsse).

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name Blackpool Carers Centre Ltd

Registered Company number 05633524 (England and Wales)

Registered Charity number 1114558

Registered office

Blackpool Carers Centre Beaverbrooks House 147 Newton Drive Blackpool FY3 8LZ

Trustees

P Jebb, (Resigned 8.8.22) S Lambert, Chair T Jackson, Vice Chair A Gilmore, Treasurer H Lewis J Topping A Ward S Howarth S Leighton (Appointed 8.11.21) B Reilly (Appointed 14.2.22)

Company Secretary Mr T W McMurdo

Auditors

Champion Chartered Accountants & Statutory Auditors 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN

Bankers

HSBC 1 Newhouse Road Oxford Square Blackpool Lancashire FY4 4YH

President: Professor Saul Becker

Patrons:

Mr John Barnett DL MBE Mrs Danielle Barnett Miss Hayley Kay Mr Clive Hirst

KEY MANAGEMENT PERSONNEL

The Trustees delegate responsibility for the day-to-day management of the charity to the following senior employees:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charitable Company (hereafter referred to as “the Charity”) is controlled by its governing document, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new

trustees

As set out in the Articles of Association, the Board of Trustees comprises not less than three trustees but not more than 12 trustees.

The Board is responsible for the recruitment and appointment of new trustees. Each year a skills audit is undertaken and if gaps are identified, a recruitment process takes place. The recruitment process has been developed in order to attract a diverse group of

trustees with appropriate skills, knowledge and experience.

Occasionally potential trustees register an interest in the organisation. Following this, a meeting is arranged with the Chair and a Director and the trustee is held on a waiting list until an appropriate vacancy arises.

Induction and training of new trustees

Once a decision has been made to take up a board position, trustees receive an induction pack containing the annual report, strategy and business plan and detailed information about the organisation and the personal commitment required. Trustees are invited to visit Beaverbrooks House and shadow workers in order to ensure a detailed understanding of the work carried out.

Each year a Board Development Day is held, when trustees, supported by senior staff, take part in governance training and review the strategy, developing new ideas and learning about each others’ roles.

Organisational structure

The activities of the organisation are governed by the board of trustees, all of whom are company directors. The board has established an Audit and Governance Sub-Committee, which continues to operate successfully.

Board meetings are held quarterly, and a board assurance framework has been established in order to guide the board and sub-committee agenda.

The Treasurer works closely with the finance team to provide assurance to the board around organisational finance.

The Board of Trustees appoints the Board of Directors who report to the Board on the operational running of the organisation.

Blackpool Carers Centre Annual Report 2021-22 | 5

continued Report of the Trustees

Trustees’ attendance at board meetings

Trustees’ attendance at board meetings
Trustee 10.05.21 09.08.21 08.11.21 14.02.22
Alison Gilmore ✗ ✗ ✗ ✗
AnthonyWard ✓ ✓ ✓ ✓
Ben Reilly N/A N/A N/A ✓
Howard Lewis ✓ ✗ ✓ ✗
John Topping ✓ ✓ ✓ ✗
PaulJebb ✓ ✓ ✓ ✗
Sarah Lambert ✗ ✓ ✓ ✓
Sarah Leighton N/A N/A ✓ ✓
Sian Howarth ✓ ✗ ✗ ✓
Tracy Jackson ✓ ✓ ✗ ✗

Relationships with funders are maintained and regarded as high priority in order to develop sustainable and diverse funding streams.

Related parties

None of the trustees receive remuneration or other benefits from their work with the charity. Trustees are invited to declare any relevant interests at each board meeting, and formally requested to submit an annual register of interests form.

Quality

Blackpool Carers Centre holds the Trusted Charity Level 1 Quality Mark and is a Carers Trust Centre of Excellence.

Blackpool Carers’ Centre Ltd is a network partner of Carers Trust.

OBJECTIVES AND ACTIVITIES

Remuneration policy

Objectives and aims

The board is responsible for considering the remuneration of all staff, taking account of the skills and experience required, as well as the sector norms for charities of this size. Staff pay is reviewed annually by the board of trustees and salaries continue to conform to the wholesale pay review conducted in the financial year 19/20.

The Charity’s objects as set out in the objects contained in the company’s memorandum of association are:

Risk management

The board follows a comprehensive risk management policy which clearly defines the roles of the board, audit committee and staff in identifying and managing risks, and how the register of risks should be used as a live document.

The board has a risk matrix to identify all major risks. Each risk is scheduled for attention according to the severity of its potential impact and the Audit and Governance Sub-Committee manages the risk process.

Purpose

The charity has a clear and easily understandable purpose which is to make ‘A Better Life for Carers’.

MarkSafety Limited has been engaged to manage Health and Safety.

Public Benefit

The trustees have given careful consideration to the Charity Commission guidance on public benefit in setting its strategy and when planning for the future. The charity supports carers from age of 5 who live, attend school/college or have a GP in Blackpool. A wide variety of support is offered to carers, families and professionals without charge.

We provide:

In order to ensure that resources are allocated effectively and to reduce dependency on services, initial assessments identify carers who are in the highest need according to a ‘red/amber/green’ status. The most complex families receive time limited, intensive packages of support intended to improve the quality of their lives. At the end of the support plan, carers are able to access peer or volunteer led support alongside organised events and activities.

Beaverbrooks House is open 5 days a week from 8.00am to 6.00pm with activities also taking place most weekends. Carers can call into Beaverbrooks House at any time to use facilities, gardens, take part in activities or seek advice and support. By embedding ourselves in our community, we are able to introduce the concept of caring and its potential impact on individuals/ families and educate all our stakeholders in the services that we offer.

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Charitable activities

In order to deliver our purpose, we have developed a strategy focusing on three key areas and this is reviewed annually. With the use of an operational plan, we review how our activities have performed against outputs and outcomes. We report on impact and ensure that all planned activities will achieve our purpose. Regular reviews allow trustees to build on the successes and learn when things go wrong in order to feed into a cycle of continuous development.

A. Carers

We will:

B. People

We will:

C. Resources - Developing a sustainable future.

strong relationships with a diverse range of funders and partners, focusing on unrestricted income streams

ACHIEVEMENT AND PERFORMANCE

Over 21/22:

For adult carers:

For young adult carers

Resources

We are particularly grateful to the many funders who have provided vital support this year. We are indebted to The Beaverbrooks Charitable Trust, who have not only provided Beaverbrooks House at a peppercorn rent for 20 years, but also provide the funding for the vital role of Volunteer Coordinator.

In addition to monetary support, we have been fortunate to benefit from a number of pro bono supporters who have provided professional guidance and corporate resources.

We very much appreciate the kindness of all our supporters who so generously fundraise, raise awareness and volunteer to make a better life for carers.

Passion, Quality, Respect

As part of our commitment to our staff, students and volunteers, we have introduced a values based performance management system. This has seen the end of annual appraisals with monthly live time feedback, matched against our values.

Donations

We make every penny count. For every £1 we spend on fundraising, we bring in £16.53 to support more local carers.

FINANCIAL REVIEW

Financial review and reserves The results of the Group are summarised on the Statement of Financial Activities.

The closing reserves are shown on the Balance Sheet.

The group has reserves of £1,297,571 at the year end. £30,886 of this total is restricted for specific future costs.

Of the remaining £1,266,685, £909,245 is a designated fund which represents the net book value (after depreciation) of donated assets received in respect of leasehold improvements during the DIYSOS: BBC Children in Need Big Build in 2016 and the capital expenditure on the annexe development during the year. This leaves a balance of £388,326 constituting free reserves.

The Charity’s reserves policy is to hold a level of 3-6 months free reserves equating to the unrestricted direct charitable costs for the year, being approximately £135,000.

Blackpool Carers Centre Annual Report 2021-22 | 7

continued Report of the Trustees

The free reserves of £388,326 currently represent around 6 months’ worth of those costs.

The Trustees will endeavour to retain this level in the future.

Investment policy and objectives The Charity is holding £100,000 in a deposit bond for safekeeping.

Future Developments During 2022 we will be focusing on:

Importantly, as the Health and Social Care landscape continues to shift, we will develop new ways of working that align with the priorities of our statutory partners.

OUR FUNDRAISING PRACTICE

Blackpool Carers Centre Ltd has moved away from a heavy reliance on statutory funding from the local authority. Instead, the Charity is developing and widening its income streams to ensure a sustainable future.

Our approach to fundraising is based on building and maintaining key relationships. We take this approach seriously, ensuring that donors feel fully involved in our work and able to see clearly why their donations are making a better life for carers. Whilst we accept single donations, we do not actively seek them. Our best fundraisers are the service delivery team who deliver excellence in their daily work.

Passionate, committed donors who understand the value of unpaid carers will often become our ambassadors. We aim to connect with donors and help them to understand why donations are important and how their money will be used. We offer our donors choice and focus on the impact of their donations. We consult with donors regularly. Many donors accept recognition whereas some of our donors request anonymity.

Our Head of Fundraising holds the MInstF (Cert) qualification from the Institute of Fundraising (IoF). We have subscribed to the IoF’s Code of Fundraising Practice and pro-actively adhere to the code by training all staff and volunteers in its contents.

As a result of our relationship approach, we do not approach individuals for donations and we have not received any fundraising complaints. There is a clear process to deal with complaints.

GOING CONCERN

The accounts are prepared on a going concern basis, which the Trustees consider to be appropriate having considered the foreseeable future. The Charitable Company holds reserves which are sufficiently in line with its reserves policy.

MEASURING PERFORMANCE

The charity employs a number of tools to measure the performance of each of its projects. All carers across the service receive a pre and post intervention assessment, enabling a measure to be taken of the impact achieved by each project, both collectively and individually with carers and their families.

Quantitative information is generated through each contact made, with a range of key performance indicators, including referral numbers, instances of 1:1 support and activity attendances, all being regularly assessed to ensure quality throughout the service. Qualitative information, most

frequently communicated through case studies, is used to give a holistic picture of a case, both internally to measure performance and externally to inform our partners.

EMPLOYMENT POLICY

The charity’s policy is to promote equality of opportunity to all in employment and throughout the selection process, irrespective of their gender, race, ethnic origin, disability, age, nationality, sexuality, marital status and social class. Blackpool Carers oppose all forms of unlawful and unfair discrimination.

All employees, students and volunteers are treated fairly and equally. Selection for employment, promotion, training and any other benefits is on the basis of aptitude and ability. All employees are helped and encouraged to further develop to their full potential and the talents and the resources of the workforce are fully utilised to maximise the efficiency of the organisation.

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Statement of Trustees’ Reponsibilities

The trustees (who are also the directors of Blackpool Carers Centre Limited for the purposes of company law) are responsible for preparing the 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 which 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 those financial statements, the trustees are required to

In so far as the trustees are aware:

AUDITORS

The auditors, Champion Accountants Ltd will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

...................................................... A Gilmore - Trustee 14th November 2022

...................................................... Mr T W McMcurdo - Secretary 14th November 2022

The trustees are responsible for keeping 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 with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Blackpool Carers Centre Annual Report 2021-22 | 9

Report of the Independent Auditors

Opinion

We have audited the financial statements of Blackpool Carers Centre Limited (the 'parent company') and its subsidiaries (the ‘group’) for the year ended 31st March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent 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 there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report

that fact. 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:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees 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 financial statements that are free from material misstatement, whether due to fraud or error.

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In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors 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.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the Charitable company's / Group’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's / Group’s members those matters we are required to state to them in an auditors' 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 Charitable Company/Group and the Charitable Company's / Group’s members as a body, for our audit work, for this report, or for the opinions we have formed.

P Buck FCA,DChA (Senior Statutory Auditor) for and on behalf of Champion Accountants LLP Chartered Accountants & Statutory Auditors 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN

14th November 2022

Blackpool Carers Centre Annual Report 2021-22 | 11

Consolidated Statement of Financial Activities

for the year ended 31st March 2022 (incorporating income and expenditure account)

2022 2021 Unrestricted Restricted Total Total funds funds funds funds Notes £ £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 77,886 656,834 734,720 883,803 Charitable activities Direct charitable activities 5 389,279 - 389,279 497,635 Other trading activities 3 125,328 - 125,328 46,848 Investment income 4 94 - 94 994 Total 592,587 656,834 1,249,421 1,429,280 EXPENDITURE ON Raising funds 6 75,579 - 75,579 5,825 Charitable activities 7 Direct charitable activities 660,000 291,948 951,948 1,042,052 Total 735,579 291,448 1,027,527 1,047,877 NET INCOME BEFORE TRANSFERS (142,992) 364,886 221,894 381,403 Gross transfers between funds 19 139,626 (139,626) - - NET INCOME 252,780 (30,886) 221,894 381,403 RECONCILIATION OF FUNDS Total funds brought forward 1,044,791 30,886 1,075,677 694,274 TOTAL FUNDS CARRIED FORWARD 1,297,571 - 1,297,571 1,075,677

The consolidated figures above include the results of the Charity which had income for the year of £1,225,808 (2021: £1,410,260) and a net surplus of £8,864 (2021: £365,112).

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

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Balance Sheets

as at 31st March 2022

Consolidated Charity
2022 2021 2022 2021
Group Group Charity Charity
Notes £ £ £ £
FIXED ASSETS
Tangible assets 14 509,245 348,955 499,465 355,949
Investments 15 - - 100 100
509,245 348,955 499,565 336,016
CURRENT ASSETS
Stock – raw materials 573 2,089 573 2,089
Debtors 16 63,149 33,482 91,591 31,548
Investments 17 511,737 756,688 511,737 756,688
Cash at bank 294,646 54,635 258,182 51,050
870,105 846,893 862,083 841,374
CREDITORS
Amounts falling due within one year 18 (81,775)(120,171)(80,575) (120,181)

NET CURRENT ASSETS

788,330 726,722 781,508		 721,193

TOTAL ASSETS LESS CURRENT LIABILITIES

1,297,575 1,057,677 1,281,073		 1,057,209
NET ASSETS 1,297,575 1,057,677 1,281,073 1,057,209

FUNDS
Unrestricted funds: 19
General fund 388,326 265,836 381,608 247,368
Designated fund – leasehold improvements donated* 909,245 778,955 899,465 778,955
1,297,571 1,044,791 1,281,073 1,026,323
Restricted funds:
Restricted fund - - - -
Restricted fund - Capital Appeal
- 30,886 - 30,886
TOTAL FUNDS 1,297,571 1,075,677 1,281,073 1,057,209

*The designated fund represents the net book value (after depreciation) of donated assets received in respect of leasehold improvements. This does not represent available liquid resources.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Trustees on 14th November 2022 and were signed on its behalf by:

................................................... A Gilmore –Trustee

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Cash Flow Statement

for the year ended 31st March 2022

2022 2021 Notes £ £ Cash flows from operating activities: Cash generated from operations 1 (5,827) 414,681 Net cash provided by (used in) operating activities (5,827) 414,681 Cash flows from investing activities: Purchase of tangible fixed assets - (28,267) Disposal of tangible fixed assets 795 - Interest received 94 994 Net cash provided by (used in) investing activities 889 (27,273) Change in cash and cash equivalents in the reporting period (4,938) 387,403 Cash and cash equivalents at the beginning of the reporting period 811,322 423,914 Cash and cash equivalents at the end of the reporting period 806,383 811,322

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1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2022 2021 £ £ Net income for the reporting period (as per the statement of financial activities) 21,898 831,403 Adjustments for: Depreciation charges 38,916 39,943 Interest received (94) (994) Decrease/(Increase) in stocks 1,516 (72) Decrease/(Increase) in debtors (29,667) 31,065 Increase/(Decrease) in creditors (38,396) (36,663) Net cash provided by (used in) operating activities (5,827) 414,681

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Notes to the Cash Flow Statement

for the year ended 31st March 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company have been prepared in accordance with the Charities SORP (FRS102) 'Accounting and Reporting by Charities: Statement of Recommended Practice and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.

Group Financial Statements

These Financial Statements consolidate the results of the charity, and its subsidiary: Blackpool Carers Centre Trading Limited on a line by line basis. Details of the relationship between these entities are included in the notes to the Financial Statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has legal entitlement to the funds, it is possible that the income will be received and the amount can be measured reliably.

Grants are credited to income (voluntary income; where no conditions are attached) as they are received except where there is confirmation from the donor that these should be deferred, to be matched against future costs.

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 economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Allocation and apportionment of costs

Support costs

There is only one charitable activity heading, and a very small proportion of charitable activities are attributed to fund raising, therefore to reallocate support costs to this heading would be meaningless and the figures involved immaterial.

Only costs formerly included in governance are shown as support costs and allocated to charitable activities. Since there is only one charitable activity heading, all costs are included there.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements - 5% straight line over the life of the lease Plant and machinery - 25% on reducing balance Fixtures and fittings - 25% on reducing balance Motor vehicles - 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

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Notes to the Financial Statements

for the year ended 31st March 2022

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Donated assets and services

In accordance with the Charity SORP, donated services are included in the accounts at the value they would have otherwise have been if paid for by a customer. Donated goods are included at the cost to the donor. The resulting amount is shown within donation income on the Statement of Financial Activities, with a corresponding cost heading within charitable activities. Items that would normally be capitalised are included as fixed assets and depreciated over the life of the asset as noted above. The value of volunteer labour is not included within the Accounts except as a narrative note valued by taking the amount of time given multiplied by a reasonable rate per hour (such as national minimum wage). Goods donated for re-sale, especially those that are difficult to place a value on, are not included within the accounts (as income or stock) until the items are sold when the price sold for is recorded as income.

Investments

Investments are shown at market value.

Stock

Stocks are included at the lower of cost and net realisable value.

2. DONATIONS AND LEGACIES - Charity and Group

2022 2021 £ £ Donations 108,574 38,905 Grants 599,084 795,427 Donated services 27,062 49,471 734,720 883,803

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Notes to the Financial Statements continued

for the year ended 31st March 2022

Grants received, included in the above, are as follows:

2022 2021 £ £ Beaverbrooks Charitable Trust 25,750 25,000 Big Lottery Fund - Family Focus 147,178 117,341 Blackpool CCG - Connect 5 25,350 25,350 Blackpool Council – COVID Response 24,705 294 Blackpool Council – Managing Challenging Behaviour 26,131 26,131 CAF – Resilience Fund - 75,000 Carers Trust – Direct Carers Connections - 7,000 Carers Trust – Inspiring Change 4,251 8,750 Cares Trust – Making Carers Count 20,870 - Carers Trust – Respite Support 12,000 12,600 Carers Trust – Time for Me - 13,268 Carers Trust - Young Carers in Schools - 3,121 Carers Trust – Young Carers Awareness Day - 350 Children in Need 41,796 50,881 Children in Need - Activity Fund 5,818 9,985 Children in Need – COVID19 Next Steps - 1,950 Clothworkers - 5,000 Community Foundation 8,737 11,241 Eric Wright Charitable Trust 20,000 15,000 Individual grants 95,626 22,440 The Julia & Hans Rausing Trust 75,000 - Leather Sellers - 1,000 National Lottery Community Fund – Core Fund - 94,285 NHS England – Can You See Me 9,950 - NHS England – Rapid Learning 9,993 - Postcode Neighbourhood Trust 11,427 8,162 The Rank Foundation – Business Development - 18,750 The Rank Foundation – Core Grant - 25,750 The Rank Foundation – Profit for Good 7,500 9,647 The Rank Foundation - Rank Aspire Programme - 587 The Rank Foundation – Resilience Fund - 25,000 The Rank Foundation - Time to Shine 18,692 2,083 Spirit – Bang the Drum 810 132,246 St James’ Place Charitable Trust 7,500 3,125 Tudor Trust - 39,500 Vera Wolstencroft Trust - 3,590 WG Edwards - 1,000 599,084 795,427

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Notes to the Financial Statements continued

for the year ended 31st March 2022

3. OTHER TRADING ACTIVITIES 2022 2021 £ £ Fundraising and events - charity 104,216 22,475 Trading - subsidiary 21,112 24,373 125,328 46,848 4. INVESTMENT INCOME - Charity & Group 2022 2021 £ £ Deposit account interest 94 994 Interest receivable - trading - - 94 994 5. INCOME FROM CHARITABLE ACTIVITIES - Charity & Group 2022 2021 £ £ Activity Social work, student placements Direct charitable activities 6,696 10,940 Contract income Direct charitable activities 340,704 340,704 Support services Direct charitable activities 41,879 145,991 389,279 497,635 2022 2021 £ £ Grants received, included in the above, are as follows: Blackpool CCG - Adult Carers' Support 190,632 190,632 Blackpool CCG - Carers Break and Relief Fund 10,140 10,140 Blackpool CCG - Dementia Support 76,050 76,050 Blackpool CCG - Young Carers’ Support 63,882 63,882 340,704 340,704 6. RAISING FUNDS - Charity & Group 2022 2021 £ £ Fundraising costs - Charity 49,996 3,096 Charity shops and trading - subsidiary 25,583 2,729 75,579 5,825 7. CHARITABLE ACTIVITIES COSTS - Charity & Group Grant funding Support Direct of activites costs Totals costs (see note 8) (see note 9) £ £ £ £ Direct charitable activities 904,802 32,981 14,165 951,948

Blackpool Carers Centre Annual Report 2021-22 | 19

Notes to the Financial Statements continued

for the year ended 31st March 2022

8. GRANTS PAYABLE - Charity & Group

Grants paid to individuals amount to £32,981 (2021: £43,080).

9. SUPPORT COSTS - Group

Governance costs £ Direct charitable activities - Charity 14,165

10. NET INCOME/(EXPENDITURE) - Group

Net income/(expenditure) is stated after charging/(crediting): 2022 2021 £ £ Auditors’ remuneration - charity 7,200 6,900 Accountancy fees - subsidiary 1,200 1,140 Depreciation - owned assets 21,414 22,443 Depreciation - donated assets 32,500 17,500

11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees’ expenses in the year ended 31 March 2022.

12. STAFF COSTS - Charity & Group

2022 2021 £ £ Wages and salaries 616,379 647,681 Social security costs 51,475 53,497 Other pension costs 18,896 17,321 686,750 718,499 The average monthly number of employees during the year was as follows: 2022 2021 Charity 25 27 Subsidiary 0 0 Group total 25 27

The key management personnel of the Charity are noted in the Trustees Report. The total employee benefits of the key management personnel of the Charity were £151,667 (2021: £150,350).

No member of staff was paid more than £60,000 during the year (being the reportable limit specified by the Charity Commission).

There are pension contributions outstanding at the balance sheet date of £718 (2021: £206).

20 | Blackpool Carers Centre Annual Report 2021-22

Notes to the Financial Statements continued

for the year ended 31st March 2022

13. GRANT INCOME IN ADVANCE - Charity (note 18)

As at 1/4/21 Movement As at 31/3/22 £ £ £ Big Lottery Fund - Family Focus - 15,135 15,135 Blackpool Council – Covid Response 24,705 (24,705) - Children in Need 8,480 (1,817) 6,663 Children in Need – Activities Fund 5,818 (5,818) - Eric Wright Charitable Trust - 23,000 23,000 Postcode Neighbourhood Trust 11,427 (11,427) - St James’ Place Charitable Trust 4,375 - 4,375 The Community Foundation 8,737 (8,737) - The Rank Foundation - Time 2 Shine 10,382 (10,382) - 73,924 (24,751) 49,173 Group total 73,924 (24,751) 49,173

Blackpool Carers Centre Annual Report 2021-22 | 21

Notes to the Financial Statements continued

for the year ended 31st March 2022

14a) TANGIBLE FIXED ASSETS - Group

Leasehold Improve- Plant Fixtures Improvements ments to and (Donated) Property Machinery Fittings Vehicles Totals £ £ £ £ £ £ COST At 1st April 2021 350,000 8,987 135,950 55,250 32,335 582,522 Additions/(Disposals) 215,000 - - - (795) 214,205 At 31st March 2022 565,000 8,987 135,950 55,250 31,540 796,727 DEPRECIATION At 1st April 2021 87,500 1,813 90,533 26,408 27,312 233,566 Charge for year 32,500 1,794 11,354 7,211 1,057 53,916 At 31st March 2022 120,000 3,607 101,887 33,619 28,369 287,482 NET BOOK VALUE At 31st March 2022 445,000 5,380 34,063 21,631 3,171 509,245 At 31st March 2021 262,500 7,174 45,417 28,842 5,023 360,631 14b) TANGIBLE FIXED ASSETS - Charity Leasehold Plant Fixtures Improvements and and Motor (Donated) Machinery Fittings Vehicle Totals £ £ £ £ £ COST At 1st April 2021 350,000 135,950 48,794 32,335 567,079 Additions/Disposals 215,000 - - (795) 214,205 At 31st March 2022 565,000 135,950 48,794 31,540 781,284 DEPRECIATION At 1st April 2021 87,500 90,533 25,818 27,312 231,163 Charge for year 32,500 11,354 5,744 1,057 50,655 At 31st March 2022 120,000 101,887 31,562 28,369 281,818 NET BOOK VALUE At 31st March 2022 445,000 34,063 17,232 3,171 499,465 At 31st March 2021 262,500 45,417 22,976 5,023 335,916

22 | Blackpool Carers Centre Annual Report 2021-22

Notes to the Financial Statements continued

for the year ended 31st March 2022

15. SUBSIDIARY COMPANY

The Charity has one trading subsidiary: Blackpool Carers Centre Trading Ltd, a company incorporated in England and Wales which is consolidated into the results of the Charity. The Charity owns the entire share capital of the trading subsidiary, being 100 £1 ordinary shares.

The audited Financial Statements of Blackpool Carers Centre Trading Ltd for the year ended 31st March 2022 are filed with the Registrar of Companies. A summary of the trading results of Blackpool Carers Centre Trading Ltd are shown below:

2022 £ Turnover 28,612 Cost of sales (1,007) Gross profit 27,605 Administrative and finance costs (26,315) Depreciation (3,260) Net Profit for the year (1,970) The aggregate of assets, liabilities and reserves is: 2022 £ Fixed Assets 9,780 Current Assets 40,797 Current Liabilities (34,079) Total reserves 16,498

16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



Trade debtors
Inter company account
Other debtors
Prepayments
 Group
2022 2021
£ £
51,896 9,611
- -
100 11,802
11,153 12,069
63,149 33,482		 Charity
2022 2021
£ £
47,563 7,677
32,775 -
100 11,802
11,153 12,069
91,591 31,548

Blackpool Carers Centre Annual Report 2021-22 | 23

Notes to the Financial Statements continued

for the year ended 31st March 2022

17. CURRENT ASSET INVESTMENTS



Unlisted investments – bonds and deposits
18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


Trade creditors
Social security and other taxes
Accruals and deferred income (note 13)
Accrued expenses

19. MOVEMENT IN FUNDS - Charity & Group



Unrestricted funds
Designated fund - Charity
General fund - Charity
Designated fund - Subsidiary
General fund - Subsidiary


Restricted funds
Restricted fund - Charity & Group
TOTAL FUNDS

Analysis of net assets between funds: Group



Fixed Assets
Current Assets
Current Liabilities

Net Assets		 Group
Charity
2022 2021 2022 2021
£ £ £ £
511,737 765,710 511,737 765,710
Group
Charity
2022 2021 2022 2021
£ £ £ £
16,891 32,867 16,891 34,018
718 206 718 206
49,174 73,924 49,174 73,924
14,992 13,174 13,792 12,033
81,775 120,171 80,575 120,181
Net movement Transfers
At 1.4.21 in fundsbetween fundsAt 31.3.22
£ £ £ £
778,955 120,510 - 899,465
247,369 (5,387) 139,626 381,608
- 9,780 - 9,780
18,467 (11,749) - 6,718

1,044,791 113,154 139,626 1,297,571
30,886 108,740 (139,626) -
1,075,677 221,894 - 1,297,571

Restricted Unrestricted Total
funds funds 2022
£ £ £
- 509,245 509,245
- 870,105 870,105
- (81,775) (81,775)

- 1,297,575 1,297,575

24 | Blackpool Carers Centre Annual Report 2021-22

Notes to the Financial Statements continued

for the year ended 31st March 2022

19. MOVEMENT IN FUNDS - Charity & Group - Continued

Analysis of net assets between funds: Charity

Restricted Unrestricted Total funds funds 2022 £ £ £ Fixed Assets and Investments - 499,565 499,565 Current Assets - 862,083 862,083 Current Liabilities - (80,575) (80,575) Net Assets - 1,281,073 1,281,073

Designated funds are allocated as follows: £245,000 is a designated fund which represents the net book value (after depreciation) of leasehold improvements donated in 2017), £250,000 is designated for specific elements of the Young Carers programme, £150,000 is designated for hospital discharge and rehabilitation and £264,245 is designated towards fixed assets purchased. This leaves a balance of £388,326 constituting general / free reserves.

The transfer from restricted funds to unrestricted funds represents costs incurred in head office and central activities relating to restricted projects which have been re-charged by way of a management recharge.

20. RELATED PARTY DISCLOSURES

During the year the charity incurred net income totalling £30,000 in relation to the trading subsidiary. The balance owed by the trading subsidiary at the year end, and shown within debtors is £32,776 (2021 creditors: £1,151).

21. DONATED SERVICES AND FACILITIES

The figure recognised as income/expenditure relating to donated services and facilities may be summarised as follows:

£ General donations 7,062 Notional annual rent- Beaverbrooks House 20,000 27,062

Blackpool Carers Centre Annual Report 2021-22 | 25

Consolidated Statement of Financial Activities

Comparative figures for the year ended 31st March 2021

Unrestricted Restricted Total funds funds funds £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 127,873 755,930 883,803 Charitable activities Direct charitable activities 497,635 - 497,635 Other trading activities 46,848 - 46,848 Investment income 944 - 994 Total 673,350 755,930 1,429,280 EXPENDITURE ON Raising funds 5,723 102 5,825 Charitable activities Direct charitable activities 662,382 379,670 1,042,052 Total 668,105 379,772 1,047,877 NET INCOME BEFORE TRANSFERS 5,245 376,158 381,403 Gross transfers between funds 376,158 (376,158) - NET INCOME 381,403 - 381,403 RECONCILIATION OF FUNDS Total funds brought forward 663,388 30,886 694,274 TOTAL FUNDS CARRIED FORWARD 1,044,791 30,886 1,075,677

26 | Blackpool Carers Centre Annual Report 2021-22

Charity Income and Expenditure

----- Start of picture text -----
£1,152,578
Income [£]
£1,001,944
Expenditure [£]
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Blackpool Carers Centre Annual Report 2021-22 | 27

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Blackpool Carers Beaverbrooks House, 147 Newton Drive, Blackpool FY3 8LZ Tel: 01253 393748 Email: admin@blackpoolcarers.org www.blackpoolcarers.org

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@BlackpoolCarers blackpoolcarers Blackpool Carers Centre Limited

Registered as a company limited by guarantee in England and Wales No. 5633524.