## **2023-24 ANNUAL REVIEW**
MAKING A BETTER LIFE FOR CARERS AND THEIR FAMILIES
**“** _**Blackpool Carers Centre exists to make a better life for carers through our values of Passion, Quality and Respect.**_
**2**
## **CONTENTS**
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|Introduction|4|
|Report of the Trustees|5|
|Statement of Trustees Responsibilities|9|
|Report of the Independent Auditors|10|
|Consolidated Statement of Financial Activities|12|
|Balance Sheets|13|
|Cashflow Statement|14|
|Notes to the Cashflow Statement|15|
|Notes to the Financial Statements|16|
|Consolidated Statement of Financial Activities|26|
|Charity income and expenditure|27|
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Carers and loved ones enjoying
festive fayre, playing games and
making decorations
at our dementia carers’
Christmas Party
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**ANNUAL REPORT 2023-24**
## **INTRODUCTION**
**Welcome to the 2023/24 Annual Review from Blackpool Carers Centre. This year has been one of growth and progress, with new carers and families accessing our services and an increasing number of supporters joining us in making a difference to carers’ lives.**
It is our privilege to present this year’s review, which highlights another successful year for the Carers Centre. We owe a heartfelt thank you to our dedicated team of staff, volunteers, and students, whose passion, quality, and respect are the driving force behind the positive impact we achieve. Their commitment ensures that carers across Blackpool receive the very best support.
organisations and communities. Your contributions help to keep carers’ needs a priority on the agenda across the town
This year has been marked by hard work, significant achievements, and the continued development of our services. We remain deeply thankful to our funders, supporters, and donors, whose generosity and belief in our mission enable us to make a meaningful difference. Together, we have reached more isolated carers of all ages, creating better lives for many in Blackpool.
We are also immensely grateful for the growing number of individuals and corporate supporters who continue to raise awareness of unpaid carers and their challenges across various
**Sarah Lambert Tom McMurdo** Chair of Trustees Director of Finance & Resources
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You meet all sorts on our | whan
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Local primary
school pupils had lots
of fun during a visit to
Beaverbrooks House
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Young carer reaching
new heights during a
Take5 respite trip to
Clip ‘n’ Climb
AB
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BBC Breakfast with Jayne McCubbin —
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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 2024. 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**
S Lambert, Chair T Jackson, Vice Chair A Gilmore, Treasurer J Topping A Ward S Howarth S Leighton B Reilly
**Company Secretary** Mr T W McMurdo
## **Auditors**
Champion Accountants LLP 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:
- Nigel McMurdo - Director of Operations
- Tom McMurdo - Director of Finance and Resources
- Alison Brown - Director of Young Carers
**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 other’s roles.
## **Organisational structure**
The activities of the organisation are governed by the board of trustees, all of whom are directors. The board has established an Audit and Governance Sub-Committee.
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.
**ANNUAL REPORT 2023-24**
## **REPORT OF THE TRUSTEES continued**
## **Trustees’ attendance at board meetings**
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Trustee 09.05.23 14.08.23 13.11.23 12.02.24
Sarah Lambert (Chair) x
Alison Gilmore (Treasurer) x x
John Topping x
Sian Howarth x x x
Anthony Ward
Tracy Jackson (Vice Chair) x
Sarah Leighton x
Ben Reilly
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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 by the board of trustees and a full pay review has been conducted with a new salary structure in place.
The Charity’s objects as set out in the objects contained in the company’s memorandum of association are:
- For the public benefit, to relieve the stresses experienced by carers and the families of people with physical, mental, sensory impairment or substance misuse problems, within the family or home, through the provision of support services and the promotion of the needs of carers on the Fylde Coast and surrounding areas.
## **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.
- To advance public education concerning carers.
- To undertake any other charitable activity in connection with the above.
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 employed 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:
- One to one intensive support plans;
- Respite activities including youth clubs, trips and activities- age specific
- • Beaverbrooks House as a venue for respite and ad hoc support
- Benefits advice
- School liaison
- Information and advice
- Volunteering opportunities
- Dementia training
- Substance Misuse project
- • Mental Health support
- Emergency and small grants
- Whole family support
- Hospital based service
- Magazine
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.
**6 BLACKPOOL CARERS CENTRE**
## **REPORT OF THE TRUSTEES continued**
## **Charitable activities**
In order to deliver our purpose, we have developed a strategy focusing on four 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:
- a) Deliver excellent carer-led, timelimited and outcome focussed support to carers and their families
- b) Be the Single Point of Access for all carers in Blackpool
- c) Identify hidden carers each year.
- d) Increase the understanding of carers within the local community each year
## **B. People - Developing a high-quality team of staff, volunteers, students and partners and be an employer of choice.**
We will:
- a) Provide a values driven, performance based learning culture for our team
- b) Grow our own workforce; providing excellent training with opportunities for progression and continuous development.
- c) Increase our capacity through providing a safe, supportive and stimulating placement for staff, students and volunteers
- d) Be an employer of choice.
## **C. Resources – Developing a sustainable future.**
We will:
- a) Develop and maintain strong relationships with a diverse range of funders and partners, focusing on unrestricted income streams
- b) Develop a sustainable and vibrant carers centre
- c) Achieve net carbon neutrality
## **ACHIEVEMENT AND PERFORMANCE**
Over 2023/24:
For adult carers:
- 460 carers were signposted to partner services;
- 2,426 1:1 support sessions were provided;
- 1,094 adult carers accessed support;
- • 567 referrals for support;
- 1,010 welfare checks made for adult carers;
- 260 training places provided for carers caring for those suffering from dementia;
- 248 face-to-face benefits reviews, applications and appeals;
- £363,405.88 is the total value of benefits that have been accessed for carers.
For young carers:
- 253 referrals for support;
- 505 young carers accessed support;
- • 5,428 instances of support provided; • 790 instances of partnership working; • 111 multiagency meetings attended on behalf of young carers
For young adult carers
- 32 YACs were signposted to partner organisations;
- 287 instances of support provided;
- • 28 referrals for young adult carer support;
- 111 young adult carers specific respite sessions have taken place.
## **Resources**
We are particularly indebted 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 our Volunteer Coordinator.
In addition to monetary support we have been fortunate to benefit from many pro bono supporters who provide professional guidance and corporate resources.
We very much appreciate the kindness of all our supporters who so generously fundraise 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 £20.60 to support more local carers (2023: £18.95).
## **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 £1,316,547 at the year end.
Of this total; £1,011,356 are designated funds which represent 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 2023. There are also designated funds of £250,000 for young carers, £131,555 towards the Hospital Project and £199,715 for the Family Focus Project. This leaves a balance of £305,191 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 £51,446 per month.
- d) Deliver excellence in governance and financial management.
**ANNUAL REPORT 2023-24**
## **REPORT OF THE TRUSTEES continued**
The free reserves of £305,191 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 £200,000 in a deposit Bond for safekeeping.
## **Future Developments**
During 2024 we will be focusing on:
- developing our work to offer the most holistic support possible to carers, by building new avenues of work with our statutory partners ;
- identifying more carers at an early stage in their caring role by improving our external communications with professionals, families, businesses and the public generally;
- improving the service offer to our Young Adult Carers;
- securing long term funding for our Family Focus project, supporting young carers affected by parental mental ill health and substance misuse.
Importantly, as the Health and Social Care landscape shifts, we will develop new ways of working that align with the priorities of our statutory partners.
Passionate, committed donors who understand the value of unpaid carers will often become informal 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.
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.
## **OUR FUNDRAISING PRACTICE**
## **MEASURING PERFORMANCE**
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.
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.
**BLACKPOOL CARERS CENTRE**
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
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
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **AUDITORS**
The auditors, Champion Accountants LLP will be proposed for re-appointment at the forthcoming Annual General Meeting.
ON BEHALF OF THE BOARD:
...................................................... in Casa
A Gilmore - Trustee
30th January 2025
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
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.
...................................................... Mr T W McMurdo - Secretary
30th January 2025
**ANNUAL REPORT 2023-24 9** OC
## **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 2024 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:
- give a true and fair view of the state of the group’s and of the parent company's affairs as at 31st March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (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:
- the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
- the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.
## **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:
- the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Trustees has been prepared in accordance with applicable legal requirements.
## **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:
- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
## **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.
**BLACKPOOL CARERS CENTRE**
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
## 30th January 2025
**ANNUAL REPORT 2023-24 11** @
## **CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES**
**for the year ended 31st March 2024 (incorporating income and expenditure account)**
2024 2023 Unrestricted Restricted Total funds Total funds funds fund Notes £ £ £ £ **INCOME AND ENDOWMENTS FROM** Donations and legacies 2 173,021 424,083 597,104 532,674 **Charitable activities** Direct charitable activities 5 460,166 6,116 466,282 385,160 Other trading activities 3 97,913 - 97,913 88,043 Investment income 4 14,486 - 14,486 5,376 **Total** 745,586 430,199 1,175,785 1,011,253 **EXPENDITURE ON** Raising funds 6 57,056 - 57,056 53,345 **Charitable activities** 7 Direct charitable activities 617,354 430,199 1,047,553 1,010,108 **Total** 674,410 430,199 1,104,609 1,063,453 **NET INCOME BEFORE TRANSFERS** 71,176 - 71,176 (52,200) Gross transfers between funds 19 - - - - **NET INCOME** 71,176 - 71,176 (52,200) **RECONCILIATION OF FUNDS Total funds brought forward** 1,245,371 - 1,245,371 1,297,571 **TOTAL FUNDS CARRIED FORWARD** 1,316,547 - 1,316,547 1,245,371
The consolidated figures above include the results of the Charity which had income for the year of £1,157,217 (2023: £1,000,157) and a net surplus of £72,921 (2023: -£51,866).
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.
**BLACKPOOL CARERS CENTRE**
## **BALANCE SHEETS**
## **as at 31st March 2024**
|||**Consolidated**
**Charity**|
|---|---|---|
|2024 2023 2024 2023|2024 2023 2024 2023|2024 2023 2024 2023|
|Group Group Charity Charity|Group Group Charity Charity|Group Group Charity Charity|
|Notes £ £ £ £|Notes £ £ £ £|Notes £ £ £ £|
|**FIXED ASSETS**|||
|Tangible assets 14 430,086 474,378 424,586 467,044|Tangible assets 14 430,086 474,378 424,586 467,044|Tangible assets 14 430,086 474,378 424,586 467,044|
|Investments 15 - - 100 100|Investments 15 - - 100 100|Investments 15 - - 100 100|
|430,086 474,378 424,686 467,144|430,086 474,378 424,686 467,144|430,086 474,378 424,686 467,144|
|**CURRENT ASSETS**|||
|Stock - raw materials 2,326 3,690 2,326 3,690|Stock - raw materials 2,326 3,690 2,326 3,690|Stock - raw materials 2,326 3,690 2,326 3,690|
|Debtors 16 81,364 142,753 80,062 153,038|Debtors 16 81,364 142,753 80,062 153,038|Debtors 16 81,364 142,753 80,062 153,038|
|Investments 17 831,623 646,588 831,623 646,588|Investments 17 831,623 646,588 831,623 646,588|Investments 17 831,623 646,588 831,623 646,588|
|Cash at bank 161,765 105,861 152,608 85,205|Cash at bank 161,765 105,861 152,608 85,205|Cash at bank 161,765 105,861 152,608 85,205|
|1,077,078 898,892 1,066,619 888,521|1,077,078 898,892 1,066,619 888,521|1,077,078 898,892 1,066,619 888,521|
|**CREDITORS**|||
|Amounts falling due within one year 18 (190,617|Amounts falling due within one year 18 (190,617|Amounts falling due within one year 18 (190,617)(127,899)(189,177)(126,458)|
|
**NET CURRENT ASSETS**886,461 770,993 877,442 762,063|
886,461 770,993 877,442 762,063|
886,461 770,993 877,442 762,063|
|
**TOTAL ASSETS LESS CURRENT LIABILITIES**1,316,547 1,245,371 1,302,128 1,229,207|
1,316,547 1,245,371 1,302,128 1,229,207|
1,316,547 1,245,371 1,302,128 1,229,207|
|**NET ASSETS**1,316,547 1,245,371 1,302,128 1,229,207|1,316,547 1,245,371 1,302,128 1,229,207|1,316,547 1,245,371 1,302,128 1,229,207|
|
**FUNDS**|||
|Unrestricted funds: 19|Unrestricted funds: 19||
|General fund 305,191 423,160 298,104 414,328|General fund 305,191 423,160 298,104 414,328|General fund 305,191 423,160 298,104 414,328|
|Designated fund – leasehold improvements|||
|donated* 1,011,356 822,211 1,004,024 814,879|donated* 1,011,356 822,211 1,004,024 814,879|donated* 1,011,356 822,211 1,004,024 814,879|
|1,316,547 1,245,371 1,302,128 1,004,024|1,316,547 1,245,371 1,302,128 1,004,024|1,316,547 1,245,371 1,302,128 1,004,024|
|Restricted fund - - - -|Restricted fund - - - -|Restricted fund - - - -|
|**TOTAL FUNDS**1,316,547 1,245,371 1,302,128 1,229,207|1,316,547 1,245,371 1,302,128 1,229,207|1,316,547 1,245,371 1,302,128 1,229,207|
***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 and were signed on its behalf by: 30th January 2025
................................................... ti. Gos
A Gilmore -Trustee
**Registered Company Number: 05633524 (England and Wales); Charity Number: 1114558**
**13** |
**ANNUAL REPORT 2023-24**
## **CASH FLOW STATEMENT**
## **for the year ended 31st March 2024**
2024 2023 Notes £ £ **Cash flows from operating activities:** Cash generated from operations 1 227,203 (42,078) Net cash provided by (used in) operating activities 227,203 (42,075) **Cash flows from investing activities:** Purchase of tangible fixed assets (751) (17,232) Disposal of tangible fixed assets - - Interest received 14,486 5,376 **Net cash provided by (used in) investing activities** 13,735 (11,856) **Change in cash and cash equivalents in the reporting period** 240,939 (53,934) **Cash and cash equivalents at the beginning of the reporting period** 752,449 806,383 **Cash and cash equivalents at the end of the reporting period** 993,388 752,449
**BLACKPOOL CARERS CENTRE**
## **NOTES TO THE CASH FLOW STATEMENT**
## **for the year ended 31st March 2024**
## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
2024 2023 £ £ **Net income for the reporting period (as per the statement of financial activities)** 71,176 (52,200) **Adjustments for:** Depreciation charges 45,042 52,098 Interest received (14,486) (5,376) Decrease/(Increase) in stocks 1,364 (3,117) Decrease/(Increase) in debtors 61,389 (79,607) Increase/(Decrease) in creditors 62,718 46,124 **Net cash provided by (used in) operating activities** 227,203 (42,078)
**ANNUAL REPORT 2023-24**
## **NOTES TO THE FINANCIAL STATEMENTS**
**for the year ended 31st March 2024**
## **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.
**BLACKPOOL CARERS CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
## **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.
**ANNUAL REPORT 2023-24**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
## **2. DONATIONS AND LEGACIES – Charity and Group**
2024 2023 £ £ Donations 70,772 95,512 Grants 494,367 404,975 Donated services 31,965 32,187 597,104 532,674 Grants received, included in the above, are as follows: 2024 2023 £ £ Beaverbrooks Charitable Trust 28,000 21,000 Blackpool CCG - Connect 5 25,350 25,350 Blackpool Council – Cost of Living - 24,188 Blackpool Council – Home Recovery - 25,000 Blackpool Council – Household Support - 5,500 Blackpool Council – Managing Challenging Behaviour 26,575 26,575 Cares Trust – Making Carers Count 39,540 39,540 Carers Trust – Employability 15,000 - Carers Trust – Time for Me - 5,135 Children in Need 39,878 40,729 Eric Wright Charitable Trust 30,000 48,500 Henry Smith 39,570 - ICB – VCFCE Transformation 70,284 - Individual grant 9,912 12,049 The National Lottery Community Fund – RC North West Region 99,181 99,181 The National Lottery Community Fund – Know Your Neighbourhood 22,494 - RISE 8,500 - St James’ Place Charitable Trust 4,375 7,500 UK Community Foundations 35,708 - Vera Wolstencroft Trust - 24,728 494,367 404,975
**BLACKPOOL CARERS CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
**3. OTHER TRADING ACTIVITIES** 2024 2023 £ £ Fundraising and events - charity 79,344 76,947 Trading - subsidiary 18,569 11,096 97,913 88,043 **4. INVESTMENT INCOME - Charity & Group** 2024 2023 £ £ Deposit account interest 14,486 5,376 Interest receivable – trading - - 14,486 5,314 **5. INCOME FROM CHARITABLE ACTIVITIES - Charity & Group** 2024 2023 £ £ **Activity** Social work, student placements Direct charitable activities 5,400 8,020 Contract income Direct charitable activities 443,861 361,496 Support services Direct charitable activities 17,021 15,644 466,282 385,160 2024 2023 £ £ Grants received, included in the above, are as follows: Blackpool CCG - Adult Carers' Support 193,873 193,873 Blackpool CCG - Carers Break and Relief Fund 10,312 10,312 Blackpool CCG - Dementia Support 77,343 77,343 Blackpool CCG - Young Carers’ Support 64,968 64,968 Blackpool Council - Early Help 35,000 8,750 Blackpool Council - HAF 6,115 - ICB - TOCH 56,250 6,250 443,861 361,496 **6. RAISING FUNDS - Charity & Group** 2024 2023 £ £ Fundraising costs - Charity 36,741 41,914 Charity shops and trading - subsidiary 20,315 11,431 57,056 53,345 **7. CHARITABLE ACTIVITIES COSTS - Charity & Group** Grant funding Support Direct of activites costs Totals costs (see note 8) (see note 9) £ £ £ Direct charitable activities 1,024,766 12,446 10,341 1,047,553
**ANNUAL REPORT 2023-24**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
## **8. GRANTS PAYABLE - Charity & Group**
Grants paid to individuals amount to £12,446 (2023: £20,089).
## **9. SUPPORT COSTS – Group**
Governance costs £ Direct charitable activities - Charity 10,341 **10. NET INCOME/(EXPENDITURE) - Group**
Net income/(expenditure) is stated after charging/(crediting): 2024 2023 £ £ Auditors’ remuneration – charity 8,280 7,920 Accountancy fees – subsidiary 1,440 1,440 Depreciation – owned assets 12,542 18,607 Depreciation – donated assets 32,500 32,500
## **11. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **Trustees' expenses**
There were no trustees’ expenses in the year ended 31 March 2024.
## **12. STAFF COSTS - Charity & Group**
2024 2023 £ £ Wages and salaries 651,476 602,988 Social security costs 55,627 53,426 Other pension costs 19,566 19,124 726,669 675,538 The average monthly number of employees during the year was as follows: 2024 2023 Charity 24 23 Subsidiary 0 0 Group total 24 23
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 £151,449 (2023: £144,518).
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 £46 (2023: £811).
**BLACKPOOL CARERS CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
## **13. GRANT INCOME IN ADVANCE – Charity (note 18)**
As at 1/4/23 Movement As at 31/3/24 £ £ £ National Lottery Community Fund - Reaching Communities 32,116 (15,136) 16,980 Blackpool Council - Early Help 26,250 - 26,250 Children in Need 6,663 (20) 6,643 Henry Smith - 28,231 28,231 The Community Foundation - Moore & Smalley - 3,933 3,933 ICB - TOCH 18,750 (18,750) - ICB - VCFSE Transformation - 74,540 74,540 St James’ Place Charitable Trust 4,375 (4,375) - 88,154 68,423 156,577 Group total 88,154 68,423 156,577
**ANNUAL REPORT 2023-24**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
## **14 a) TANGIBLE FIXED ASSETS - Group**
**Leasehold Improve- Plant Fixtures Improvements ments to and (Donated) Property Machinery Fittings Vehicles Totals £ £ £ £ £ £ COST** At 1st April 2023 580,234 8,987 137,948 55,250 31,540 813,959 Additions/(Disposals) - - 751 - - 751 At 31st March 2024 580,234 8,987 138,699 55,250 31,540 814,710 **DEPRECIATION** At 1st April 2023 155,808 4,951 110,632 39,027 29,162 339,580 Charge for year 32,500 1,008 6,884 4,056 595 45,043 At 31st March 2024 188,308 5,959 117,516 43,083 29,757 384,623 **NET BOOK VALUE** At 31st March 2024 391,926 3,028 21,183 12,167 1,783 430,086 At 31st March 2023 424,426 4,035 27,316 16,223 2,378 474,378 **14 b) TANGIBLE FIXED ASSETS - Charity Leasehold Plant Fixtures Improvements and and Motor (Donated) Machinery Fittings Vehicle Totals £ £ £ £ £ COST** At 1st April 2023 580,234 137,948 48,794 31,540 798,516 Additions/Disposals - 751 - - 751 At 31st March 2024 580,234 138,699 48,794 31,540 799,267 **DEPRECIATION** At 1st April 2023 155,808 110,632 35,870 29,162 331,471 Charge for year 32,500 6,884 3,231 595 43,209 At 31st March 2024 188,308 117,516 39,101 29,756 374,681 **NET BOOK VALUE** At 31st March 2024 391,926 21,183 9,693 1,784 424,586 **At 31st March 2023** 424,426 27,316 12,924 2,378 467,044
**BLACKPOOL CARERS CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
## **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 2024 are filed with the Registrar of Companies. A summary of the trading results of Blackpool Carers Centre Trading Ltd are shown below:
2024 £ Turnover 18,569 Cost of sales (2,909) Gross profit 15,660 Administrative and finance costs (15,573) Depreciation (1,833) Net Profit for the year (1,746) The aggregate of assets, liabilities and reserves is: 2024 £ Fixed Assets 5,500 Current Assets 11,083 Current Liabilities (2,064) Total reserves 14,519
## **16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|
Trade debtors
Inter company account
Other debtors
Prepayments
|**Group**
**2024 2023**
**£ £**
65,624 131,021
- -
6,704 2,392
9,036 9,340
81,364 142,753|**Charity**
**2024 2023**
**£ £**
63,698 130,390
624 10,916
6,704 2,392
9,036 9,340
80,062 153,038|
|---|---|---|
**ANNUAL REPORT 2023-24**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
## **17. CURRENT ASSET INVESTMENTS**
|**17. CURRENT ASSET INVESTMENTS**|||
|---|---|---|
||**Group**|**Charity**|
||**2024 2023 2024**|**2023**|
||**£ £ £**|**£**|
|Unlisted investments - bonds and deposits|831,623 646,526 831,623|646,526|
|**18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||**Group**|**Charity**|
||**2024 2023 2024**|**2023**|
||**£ £ £**|**£**|
|Trade creditors|8,195 28,599 8,195|28,599|
|Social security and other taxes|14,265 811 14,265|811|
|Accruals and deferred income (note 13)|156,577 88,154 156,577|88,154|
|Accrued expenses|11,580 10,334 10,140|8,894|
||190,617 127,899 189,177|126,458|
|**19. MOVEMENT IN FUNDS - Charity & Group**|||
||Net movement Transfers||
||At 1.4.23 in fundsbetween funds|At 31.3.24|
||£ £ £|£|
|**Unrestricted funds**|||
|Designated fund - Charity|814,879 72,921 -|887,800|
|General fund - Charity|414,328 - -|414,328|
|Designated fund - Subsidiary|7,332 (1,832) -|5,500|
|General fund - Subsidiary|8,832 87 -|8,919|
||1,245,371 71,176 -|1,316,547|
|**Restricted funds**|||
|Restricted fund - Charity & Group|- - -|-|
|**TOTAL FUNDS**|1,245,371 1,316,547 -|1,316,547|
|
Analysis of net assets between funds: Group|||
||Restricted Unrestricted|Total|
||funds funds|2024|
||£ £|£|
|Fixed Assets|- 430,086|430,086|
|Current Assets|- 1,077,078|1,077,078|
|Current Liabilities|- (190,617)|(190,617)|
|Net Assets|- 1,316,547|1,316,547|
**BLACKPOOL CARERS CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS continued**
## **for the year ended 31st March 2024**
## **19. MOVEMENT IN FUNDS - Charity & Group - Continued**
Analysis of net assets between funds: Charity
Restricted Unrestricted Total funds funds 2024 £ £ £ Fixed Assets and Investments - 424,686 424,686 Current Assets - 1,066,619 1,066,619 Current Liabilities - (189,177) (189,177) Net Assets - 1,302,128 1,302,128
Designated funds are allocated as follows: £430,086 is a designated fund which represents the net book value (after depreciation) of leasehold improvements donated in 2017 and for further assets purchased in 2023), £250,000 is designated for specific elements of the Young Carers programme, £131,555 is designated for hospital discharge and rehabilitation and £199,715 is designated for Family Focus. This leaves a balance of £305,191 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 £14,000 in relation to the trading subsidiary. The balance owed by the trading subsidiary at the year end, and shown within debtors is £624 (2022 creditors: £32,776).
## **21. DONATED SERVICES AND FACILITIES**
The figure recognised as income/expenditure relating to donated services and facilities may be summarised as follows:
£ General donations 11,966 Notional annual rent- Beaverbrooks House 20,000 31,966
**ANNUAL REPORT 2023-24**
## **CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES**
**Comparative figures for the year ended 31st March 2024**
Unrestricted Restricted Total funds funds funds £ £ £ **INCOME AND ENDOWMENTS FROM** Donations and legacies 130,894 401,780 532,674 **Charitable activities** Direct charitable activities 385,160 - 385,160 Other trading activities 88,043 - 88,043 Investment income 5,376 - 5,376 **Total** 609,473 401,780 1,011,253 **EXPENDITURE ON** Raising funds 53,345 - 53,345 Charitable activities Direct charitable activities 608,328 401,780 1,010,108 **Total** 661,673 401,780 1,063,453 **NET INCOME BEFORE TRANSFERS** (52,200) - (52,200) **Gross transfers between funds** - - - **NET INCOME** (52,200) - (52,200) **RECONCILIATION OF FUNDS Total funds brought forward** 1,297,571 - 1,297,571 **TOTAL FUNDS CARRIED FORWARD** 1,245,371 - 1,245,371
**BLACKPOOL CARERS CENTRE**
## **CHARITY INCOME AND EXPENDITURE**
**ANNUAL REPORT 2023-24**
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blackpoolcarers
Blackpool Carers Beaverbrooks House, 147 Newton Drive, Blackpool FY3 8LZ Tel: 01253 393748 Email: admin@blackpoolcarers.org www.blackpoolcarers.org @BlackpoolCarers blackpoolcarers Blackpool Carers Centre Limited
Registered as a company limited by guarantee in England and Wales No. 5633524.