coriimi££ion CHARITY NUMBER: 1118502 COMPANY NUMBER: 05842011 SUNDERLAND CARERS CENTRE (LIMITED BY GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
SUNDERLAND CARERS CENTRE INDEX YEAR ENDED 31 MARCH 2024 Contents Pages Legal and Administration Details Trustees, Rep)rt Auditors Report 8-12 Statement of Financial Activities 13 Balance Sheet 14 Cash Flow Statement 15 Notes to the Financial Statements 16-25 Detailed Statement of Financial Activities 26 Notes to the Detailed Statement of Financial Activities 27
SUNDERLAND CARERS CENTRE LEGAL AND ADMINISTRATION DETAILS YEAR ENDED 31 MARCH 2024 Trustees J. Ilmison J. Pace A. Johnstone Dr. Straughair R•glstered Office Sunderland Carers Centre Thompson Park Thompson Road Sunderland Tyne and Wear SR5 1SF Bankers HSBC Bank PIC Unit 49-51 The Bridges Shopping Centre Sunderland Tyne and Wear SR13LE Solicitors Muckle LLP Time Central 32 Gallowgate Newcastle upon Tyne NE14BF Auditor Torgersens East Suite, Ground Floor Avalon House St Catherine's Court Sunderland SR5 3XJ Persons Responsible for Day to Day Management Amanda Brown - CEO
SUNDERLAND CARERS CENTRE TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 Sunderland Carers Centre is a Charitable Company which was regISted as a Charity on 23 March 2007, Charity Number 1118502 and was incorporated on 9 June 2006, Company Number 05842011. The Trustees, who are also directors of the charity forthe purposes of the Companies Act 2006, present their reportwith the financial statements ofthe charity forthe year ended 31 March 2024. The Trust$ have adopted the provisions of the Statement of Recommended Practi {SORP) 'Accounting and Reporting by Charities, (effective October 2019) in accordance with FRS 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. (°FRS 102.). Trustees The Trustees acting during the period were.. M Brewster J Wilson SGee J Pace A Johnstone Dr Straughair GBurt Carer Ex Voluntary Sector Worker Technical Director (NTW) Practice Manager & Chair Head of Cancer Services & Treasurer Associate Professor & Interim Head of Subject- Nursing & Vice chair Retired Charity Chief Executive offi & Ex-chair (Resigned 0310912024) (Resigned 1710612024) (Resigned 2810912023} Registered Office Sunderland Carers Centre Thompson Park Thompson Road Sunderland Tyne & Wear SR5 1SF Auditors Torgersens are deemed to be re-appointed under section 487{2) of the Companies Act 2006.
SUNDERLAND CARERS CENTRE TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 Statement as to Disclosure of Information to Auditors So far as the Trustees are aware, there is no relevant information of which the charitable company's auditors are unaware, and each trustee has taken all the steps that they oughtto have taken as a trustee to make them aware of any audit information and to establish that the charitable company's auditors are aware of that information. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Sunderland Carers Centre (Limited by Guarantee) is registered with the Charity Commission as a fund raiser and service provider, registered number 1118502. The charitable company is governed by the Memorandum and Articles of Association with the appointment of Trustees, Officer Trustees and Custodian Trustees. The general body of Trustees meet bi-monthly. Statement of Trusteas, Rasponsibilities The Trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Practice. Company Law requires the Trustees to prepare the financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Accounting Practi (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit 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., make judgements and estimates that are reasonable and prudent., 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 assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Recruitment and appointment of new Trustees Sunderland Carers Centre continually looks to strengthen the board of Trustees to ensure the board is equipped to manage and plan for the future of carer support services in the City of Sunderland. The Article of Memorandum states that the board should be made up of 50 /. Trustees who have personal caring duties. This is achieved through a wide process where the Trustees meet the CEO and Chair of the board to establish the suitability of potential Board Members. All new Trustees are provided with a wide varied induction into the organisation. The new Trustees also meet staff within the organisation to establish areas of interest. Induction and training of new Trustees All potential new Trustees are invited to meet with the Chief Executive Officer in the first instance to gain an understanding of the organisation and role of a Trustee. If appropriate this will be followed by a meeting with the Chairperson and invitation to observe a full board meeting. As an introduction, new Trustees are provided with details of the services provided, copies of the minutes of recent meetings, the latest audited accounts and a copy of the publication "Responsibilities of Charity Trustees. issued by the Charity Commission.
SUNDERLAND CARERS CENTRE TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 Organisational structure All major operational and strategic decision are made via the Board of Trustees. The Board meets every iwo months and considers various areas of development identified by the Chief Executive Offir. A subgroup of board members also meets to discuss areas of development to be considered by the full board of Trustees. The Charity has an annual Staff and Board Members Away Day. This meeting sets out the operational issues that staff can raise and how the Board needs to consider the issues in the fOard strategic planning. The board also have members available as nominated staff liaison OffirS offering a direct link belween team members and Trustees in relation to feedback, areas of concem, issues that team members do not feel have been addressed appropriately. Reserves Policy Note 15 to the financial statements shows the retained surplus attributable to the various funds. The Trustees consider all restricted funds projects fulfilled at the balance sheet date leaving a surplus unrestricted available to cover future activities including any unexpected costs. The Trustees have agreed a six-month sustainability plan to ensure a robust exit strategy should funding cease. £420.000 has been ring fenced in a contingency fvnd. The unrestricted free reserves at 31 March 2024 amounted to £791,383. Risk Management The Trustees have assessed the major risks to which the charitable company is exposed, in particular those related to the operations and finances of the charitable company, are satisfied and steps are in pla to mitigate the exposure to major risks. OBJECTIVES AND ACTIVITIES Wellbeing Support for Carers: Wellbeing continues to be identified as a key area of need by carers, we have continued to co-devise wellbeing programmes with carers such as craft sessions., mindfulness, Carers on the Move walks, as well as launching our Carers Wellbeing Hub on our website enabling carers to access advice and guidance regarding wellbeing 24 Hours a day. Anotherarea of support identified as importantto carers has been isolation and loneliness, in partnership with Sunderland City Council and small localty-based VCS community groups we were able to secure funding to develop a pilot project in the West locality of the city to identify hidden carers who may be at risk of isolation and loneliness. Through the engagement of trusted community-based organisations, we were able to develop effective support mechanisms for carers, the pilot was a huge success and something that we are looking to further develop in 2024 and 2025. An anonymous donation also allowed us to develop a pilot Early Bird Autism Programme, aimed to equip parents and carers whose children have received a diagnosis of autism to better understand the condition and mechanisms that they can develop to more effectively support their child. This pilot was excepts"onally successful and has been awarded a further three years funding to develop this and other training and learning programmes for parents and carers. Working in partnership with Sunderland City Council and key partners Sunderland Carers Strategy is beginning to be embedded. Investment from Sunderland Health and Wellbeing Board has enabled us to employ a part time Carers Strategy Lead who is working closely with carers and partner organisations to ensure that there are genuine 0-WaY communication pathways for carers throughout all areas of the strategy. Volunteers: Throughout the year we have contiriued to develop our team of volunteers, including Ik Leaders and thin Reach Peer Supporters all of whom are directly supported by named members of the staff team. In the year ahead we will further grow and develop volunteering opportunities and also actively recruit
SUNDERLAND CARERS CENTRE TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 new members to the Board of Trustees. The objectives of the charity are to relieve the elderly, sick or people with disabilities in the City of Sunderland by providing support, advice and information to those responsible for their care. In practice, Sunderland Carers Centre works directly with carers to provide information, advice, and a listening ear and support at formal and informal meetings, encouragement and support to Carers groups, opportunities for carers to try to influence policy, opportunities for carers to comment on service provision, training for carers and people who work with carers and special opportunities. In practice, Sunderland Carers Centre works directly with carers to provide information, advice, and a listening ear and support at formal and infomal meetings, encouragement and support to Carers groups, opportunities for carers to try to influence policy, opportunities for carers to comment on service provision, training for carers and people who work with carers and special opportunities. ACHIEVEMENT AND PERFORMANCE Sunderland Carers Centre is now in touch with more carers than ever before, over 9,734 adult carers, 3322 parent carers and 1075 young carers, which is a notable increase on the previous year. In the past year the centre reiVed 1122 new referrals for adult carers, 292 parent carers, and 262 new referrals for young carers, which in total is almost double the numbers from the previous year. This has resulted in 15,041 individual contacts across 3,825 hours of support, with 1,667 individual carers supported. The organisation anticipates a steady increase in referrals and demand for provision in the year ahead. The centre continues to strive to offer a 'whole family approach, to support all members of a family where carers exist, with the greatest demand being for those carers who are caring for someone with Autism or Dementia, which make up forty percent of the carers supported. Throughout the year Sunderland Carers Centre has continued to work in close partnership with Sunderland City Council and partners to ensure a holistic approach to carers support services and strategic development within the city, whilstadapting Servi delivery and provision to meet carers needs within national restrictions. Carers have rewrted that the information, advice, ongoing practical and emotional support provided by the organisation has been vital in supporting them through this period of additional pressure, further isolation and continued uncertainty. Through the partnership approach effective embedding of Sunderfand Carers Strategy has been achieved highlighting a clear commitmentto carerswith a dedicated workplan ensuring that all providers in the city consider carers in strategic and operational planning and delivery. Aclear pathway and support system has been put in place to ensure effective two-way communication for carers throughout the carers strategy and its implementation. Sunderland Carers Centre has continued to develop and deliver the Special Educational Needs and Disability Advice and Support Service (SENDIASS) a statutory responsibility to provide information. advice and support to parents and carers of children and young people who have or m8y have, special education needs andlor disabilities and young people themselves. This year has seen a significant increase in demand for the SENDIAS Service. In the year 386 carers were supported by the SENDIAS Service. with a total of 467 new referrals resulting in 1,063 hours of support, which is significant given the size of the team. The Trustees are confident that the organisation has perfomied well in the year ended 2024. Projects have been delivered successfully within the tems of the funding realised. The Trustees believe the charitable company to be in a strong financial position to continue to fulfil its objectives. Publ1¢ Beneflt Statement The Trustees have had regard to the Charity's Commission guidance on their legal duty on public benefit, and are satisfied that the Charity delivers public benefi't, and due regard is paid to the guidance on public benefit when deciding on what new projects the charity should undertake.
SUNDERLAND CARERS CENTRE TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 SIGNIFICANT FUNDING 1 The Better Care Fund - A pooled budget from Sunderland Integrated Care Board and Sunderland City Council which supports examples of the following activities.. BME Carers Engagement and Support- To develop a range of mechanisms in order to enable access to all BME Communities across Sunderland, and to recognise carers within their communities Parent Carer Engagement- To provide advi and support for parent carers to ensu they are able to access appropriate services Young Carers - To recognise, support Young Carers to develop their own interests and aspirations outside of the caring role. To also work with partner agencies to support Young Carers in their organisations Carers Assessments - To work closely with Sunderland City Council to deliver and complete Carers Assessments Bespoke Training - Develop, deliver and review relevant training packages regard ing cartng for carers and professionals 2 SENDIASS To provide inforrnation, advice and support to parents and carers of children and young people who have or may have, special educational needs andlor disabilities and young people themselves. Signed by order of trustees: Trustee Print Name Trustee Print Name Date
AUDITORS REPORT TO THE TRUSTEES OF SUNDERLAND CARERS CENTRE ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Oplnlon We have audited the financial statements of The Sunderland Carers Centre for the year ended 31 March 2024 which comprise the statement of financial activities, balance sheet, cash flow statement and the related notes, 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, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally ACpted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charity's affairs as at 31 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; have been prepared in accordance with the requirements of the Companies Act 20C6. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the fi'nancial 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 In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. we have not identified any material uncertainties reL4ting to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least bNelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going conrn are described in the relevant sections of this report.
AUDITORS REPORT TO THE TRUSTEES OF SUNDERLAND CARERS CENTRE ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Other infomiation The other information comprise5 the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit ofthe 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 course of our 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 workwe have perfomed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to port in this regard. Oplnions on other matters prescribed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements. and the trustees, report has been pPared in accordance applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding ofthe charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion- adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us" or the financial statements are not in agreement with the accounting records and returns., or we have not received all the information and explanations we require ft)r our audit., or certain disclosures of trustees, remuneration specified by law are not made,. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the directors, report and from the requirement to prepa a strategic report.
AUDITORS REPORT TO THE TRUSTEES OF SUNDERLAND CARERS CENTRE ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Responsibilities of trustees As explained more fully in the trustees, responsibilities statement, the trustees (who are also the directors for the purpose of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal 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. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disdosing, as applicable, matters related to going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic altemative but to do so. Auditorfs 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 an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregats, they could reasonably be expected to influence the economic decisions of users tsken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities including fraud is detailed below.. Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud The objectives of our audit with regards to fraud, are to identify and assess the risks of material misstatement of the financial statements due to fraud,. to obtain sufficient appropriate audit evidence garding the assessed risks of material misstatement due tofraud, through designing and implementing appropriate responses to those assessed risks., and to respond appropriately to instances of fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with those charged with govemance. Our approach was as follows.. We obtained an understsnding of the legal and regulatory requirements which applied to the entity, which we deemed to be the entity's Constitution and Bye-laws and the Statement of Recommended Practi. Accounting reporting by Charities and Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). We obtained an understanding of how the entity complies with these requirements by reviewing their treatment of transactions. reviewing minutes of meetings and discussing compliance with members. The risk of material misstatement of the financial ststements due to fraud or error was assessed, and we deemed the entity to be low risk. Ilve considered how fraud may occur within the financial statements and identified that the reIpt of grants and donations were susceptible to fraud or error. We designed our audit work to test the controls in place regarding the processing of these transactions and how these controls are capable of preventing or detecting fraud or error. We inquired of management and those charged with governan. 10
AUDITORS REPORT TO THE TRUSTEES OF SUNDERLAND CARERS CENTRE ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 As part of an audit in accordance with ISAS (UK), we exercise professional judgrnent and maintain professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resutting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtsin an understanding of internal control relevant to the audit in order to design audit prOdureS that are appropriate in the circUmstans, but not for the purpose of expressing an opinion on the efFectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and. based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concem. If we conclude that a material uncertainty exists, we are required to draw attention in our auditorfs report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion_ Our conclusions a based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 11
AUDITORS REPORT TO THE TRUSTEES OF SUNDERLAND CARERS CENTRE ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 We communicate with those charged with governance regarding, arnong other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in intemal control that we identify during our audit. Use of Report This report is made solely to the charity's principals. as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under *ction 154 of the act. Our audit work has been undertaken so that we might state to the charity's principals those matters we are required to stste to them in an auditorfs 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 charity and the charity's principals as a body. for our audit work, ft)r this report, or for the opinions we have formed. East Suite, Ground Floor Avalon House St Catherines Court Sunderland SR5 3XJ DAVID JOHNSON BA FCA (Sen ior Statutory Auditor) For and on behalf of TORGERSENS Chartered Accountants & statutory Auditor 12
SUNDERLAND CARERS CENTRE STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 General Funds Restricted Funds 2024 2023 Notes Income Donations and Legacies Income from Charitable Activities Income from Investments Other Income 16,676 745.052 973 16,676 924.273 973 9,962 863,660 363 179.221 Total Income and Endowm•nt$ 762 701 179 221 941922 873 985 Expendlture On Charltable Activities 523 756 160 642 684 398 737 526 Net Incomel(Expenditure} 238,945 18,579 257.524 136.459 Transfer5 between Funds 2,172 (2,172) Net Movement in Funds 241,117 16,407 257,524 136.459 Openlng Reserves at 1 April 2023 1082 432 1144 632 1008 173 Closing Roserves at 31 March 2024 1323 549 1402 156 1 144 632 The charitable company has no recognised gains or losses other than the results for the year as set out above. All operations are classed as continuing. The notes on pages 16 to 25 for part of these financial ststements 13
SUNDERLAND CARERS CENTRE BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixed Assets Tangible Assets 112,166 122,917 Current Assets Debtors Cash at Bank in Hand 12 31,036 1,304,162 107.781 1,053,087 1,335,198 1,160,868 Creditors: Amount Falling due within one year 13 45,208 139,153 Nat Current Assats 1,289,990 1,021,715 Total Assets Less Total Liabilities 1,402,156 1,144,632 Represented by: Unrestricted Funds 15 General Fund Designated Fund 791,383 579,515 502 917 1,082,432 1.323,549 Restricted Funds 15 78,607 62,200 1402 156 1144 632 These financial statements have been prepared in accordan with the special provisions of part 15 of the Companies Act 2006 relating to small charitable companies. Slgned on behalf of the Trustees: Trustee Print Name Trustee Print Name Date 21. 11 Zifr The notes on pages 16 to 25 for part of these financial statement5 14
SUNDERLAND CARERS CENTRE CASH FLOW STATEMENT YEAR ENDED 31 MARCH 2024 2024 2023 Cash Flows from Operating Activities Net movement in funds for the reporting period (as per the statement of financial activities) 257,524 136,459 Adjustment for." Depreciation charges Other interest receivable and similar income 13,863 (973} 13,229 {363) Changes in.. Trade and other debtors Trade and other creditors 76,745 175,748 (93,945) (180,084) Net cash provided by (used in) operating activities 253,214 144,989 Cash Flows from Investlng Actlvltles Interest received from investments Purchase of PPE 973 363 (3,112) {12,799) (2,139) {12,436) Cash Flows from Financing Activities Net cash provided by (used in) financing ath-vikn-es Change in cash and cash equivalents in the reporting penod 251,075 132,553 Cash and cssh equivalents at the beginning ofthe reporting period 1,053,087 920,534 Cash and cash equivalents at the end of the reporting period The notes on pages 16 to 25 for part of these financial statements 15
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 General Inforniation The company is a private company limited by guarantee, registered in England and Wales, as well as being a registered charity. The address of the registered office is Sunderland Carers Centre, Thompson Park, Thompson Road, Sunderland. Tyne & Wear, SR1 3LE. Statement of Compliance The financial statements have been prepared in compliance with the provisions of FRS 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland. Accounting Policies The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the period and in the predIng year. Basis of accounting The financial statements have bn prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. These financial statements are prepared in sterling which is the functional currency of the entity, Monetsry amounts in these financial statements are rounded to the nearest £. Fund accountlng Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. Incomlng resources All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations and grants are recognised when the Trust has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Activities for generating funds relates to MIslIaneoUS income such as from room hire, student placements and the provision of training and is recognised in the Statement of Financial Activities in the period to which it relates. Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by the charity- this is normally upon notification of the interest paid or payable by the bank. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. All expenditure is taken to be costs of charitable activities other than those classified cn governan costs. 16
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Fixed assets All fixed assets are initially recorded at cost. Depreciation.. Depreciation is calculated to write off the cost, less estimated residual value, of tangible fixed assets over their estimated useful lives. The annual depreciation rates and Methods used are as follows.. Property Improvements FixtLJres and Fittings Computer equipment Taxation The charity is exempt from corporation tax on its charitable activities. Flnanclal Instruments Financial instruments are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of the contractual arrangement, Financial instruments which are assets are stated at cost less any provision for impairment. Financial liabilities are stated at principal Capital amounts outstanding at the period end. Issue costs relating to financial liabilities are deducted from the outstanding balance and are amortised over the period to the due date for repayment of the financial liability. 40/0 Straight line 15% straight line 250/0133 % straight line Operating Leasos Lease payments are recognised as an expense overthe lease term on a straight line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term on a straight-line basis. Defined contribution plans Contributions to defined contributions plans are recognised as an expense in the period in which the related SeiCe is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises. Golng concern There are no material uncertainties about the charity's ability to continue. Donations and Legacies Unrestricted Rostricted 2024 2023 Donations- Reoived The income from donations comprise of £16,676 unrestricted (2023: £9,530) and £nil restricted {2023.' £432). 17
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 In¢omg from Charltablo Actlvltles Unrestricted Restrictsd 2024 2023 Grants Opening Deferred Income Opening Accrued Income Received Retumed Closing Deferred Income Closing Accrued Income 100,000 25,401 (3,2001 180,763 125,401 (3,200) 823,623 261,863 642,860 711,940 (25,4011 1,658 (25,401) (117,751) 1,658 3,200 Miscellaneous 2,192 2,192 4,408 74 924 273 The income from charitable activities comprised £745,052 unrestricted (2023.. £624,493) and £179,221 restricted (2023.. £239,167) Expenditure Unrestrl¢ted Restrl¢ted 2024 2023 Charltablo A¢tlvltles Wages Premises & Equipment Communications Training & Recruitment Provisions Legal & Professional Depreciation Other 398,529 26,393 24,990 969 25,245 31,502 13,863 2,265 147,569 345 1,206 546,098 26,738 26,196 969 36,502 31,767 13,863 2,265 558,908 23,820 26,021 2,082 79,079 32,365 13,229 2,022 11,257 265 26 Expenditure on charitable activities comprised £523,756 unrestricted (2023: £530,147) and £160,642 restricted (2023.. £207,379). Net Surplus 2024 2023 Net Surplus for the period is stated after charylng: Depreciation Auditor's remuneration for audit services Auditor's remu neration for non-audit services 13,863 4,608 8,980 13,229 5,220 10,315 18
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 staff Costs 2024 2023 Gross Wages Employers NIC Employers Pension Redundancy 504, 576 32,344 9,178 500,026 36,256 9,526 13,100 No employees had employee benefits in excess of £60,000 (2023: 60,0001. The average number of employees during the period was 26 (2023.. 24). Trustee remuneration and tha cost of key management peraonnel The charity trustees were not paid or reiVed any other benefits from employment with the charity in the year (2023.. £nil) neither were they reimbursed expenses during the year (2023.. £nil). No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year {2023'. £nill. The key management personnel of the charity comprise the chief executive officer. The totsl employee benefits of the key management personnel of the charity were £41,892 (2023.. £43,105). 10 Taxation No provision has been made for taxation as the activities of the charitable company are deemed to be outside the scope of taxation because of its charitable status. 11 Fixed Assets for use by the Charity Property Improvements Computer Flxtures Equlpment & Fitting8 Total Cost At 1 April 2023 Additions Disposals 193,865 93,560 1,962 (6,664} 23,461 1,150 310,886 3,112 (6,664) At 31 March 2024 193,865 88,858 24,611 307,334 Depreciation At 1 Ap.ril 2023 Charge for the year Disposals 84,330 7,755 83,085 5,518 (6,664) 20,554 590 187,969 13.863 (6,664) At 31 March 2024 92,085 81,939 21,144 195,168 Net Book Value At 31 March 2024 91A 112 166 At 31 March 2023 109 535 19
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 12 Debtors: Amounts falling due within one year 2024 2023 Prepayments and accrued income Other debtors 6,036 25,000 7,716 100,065 13 Creditors: amounts falling due within one year 2024 2023 Accruals & deferred income PAYE & NIC Credit card Other creditors Trade creditors 30,854 8,700 225 689 4,740 130,878 421 542 7,312 14 Operatlng Lease Commltments The following operating lease payments are committed to being paid 2024 2023 Payable in Less than one year Belween one and five years More than five years 1,882 2,376 2,739 4,258 20
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 15 Fund Detalls At Transfer At Incoming Resources Between 31 March 2023 Resources Expended Funds 2024 Restricted Info, Advice & Support Service Together For Children- Engagement Role NHS England- Commitment to Carers Sunderland Culture- Young Carers Activities Sunderland Culture- Parent Carer Forum Activities Grant- Fun Fund Young Carers Activities Arc Project Access to Work Grant Roseline Foundation -Autism Project Kavli Trust Award - Wellness Project 120,000 (120,0001 25,000 (25,000) 20,014 20,014 4.750 4.750 34,400 2,172 34,400 6,770 1,206 (6,7701 (2,172) (1,2061 22,000 (3,4211 18,579 4,245 (4,2451 62,200 179,221 (160,642) (2,172) 78,607 Unrestricted General Fund Designated Capital Fund Designated Contingency Fund 579,515 122,917 380.000 762,701 (500,6241 {50,209) {13,863) 3,112 (9,2691 49,269 791,383 112,166 420,000 21
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Fund Detsils- Movement in Previous Year At Transfer At 1 Aprll Incoming Resourcas Between 31 March 2022 Resour¢e8 Exp8nded Funds 2023 Restricted Groves Family Foundation Info, Advice & Support SeNice NHS CCG & Together for Children - Summer Short Breaks Together For Children - Engagement Role NHS England - Commitment to Carers Sunderland Culture- Young Carers Activities Sunderland Culture- Parent Carer Forum Activities Grant- Fun Fund Young Carers Activities Pre Frailty & Social Isolation Arc Project Sunderland Former Players Greggs Foundation Kavli TrustAward - Wellness Project 33 120,000 (33) (120,000) 18,000 (18,000) 25,000 (25,000) 25,000 (4,986) 20.014 1,680 (816) 864 5,000 (250) {4,113) (600) (18,240) (13,351) (400) (90) 4,750 4,113 35,000 18,240 15,523 400 90 34,400 2,172 3,200 (1,500) (1,700) 31,680 239,599 (207,379) 11.700) 62,200 Unrestricted General Fund Designated Capital Fund Designated Contingency Fund 533,146 123,347 320,000 634,386 (516,918) (71,099} {13,22g) 12,799 60,000 579,515 122,917 380,000 22
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Name of restricted fund Groves Family Foundation Info, Advice & Support Service Description, nature and purpose of fund Funds for a garden project in the prior yeaf. Provides enhanced support targeting complex casework and engagement of young people and children from key groups, specifically utilising a helpline and online presence. NHS CCG and Together for Children - Summer Short Breaks Administrators of Grant available to parentslcarers of children aged 0-17 with special educational needs in the City of Sunderland. Grants available for the young person to access leisure, health and wellbeing activities in the prior year. Togeth•r for Children - Engagement Role Provide a Young Car and Family Engagement Service which will act as a link in developing partnerships and embed carer focused approaches within organisations through the City of Sunderland. NHS England - Commitment to Carnrs Bespoke pilot carers support offer for those caring for someone post discharge. We will work with hospital discharge teams to develop a direct robust referral pathway for carers as part of the discharge planning. Sunderland Culture Young Carers Activities Social prescribing pilot project. Funding given to support an extra offer for carers which allowed us to organise extra activities with external providers for our partners and ourselves to signpost carers into. Sunderland Culture Parent Carer Forum Programme for activities to respond to consultation with parent carer forum. Activities Grant- Fun Fund Funds received from Together for Children towards activities or a resour linked to wellbeing. Young Carers Activities Funds received towards various activities such as day trips (theatre, cinema, bowling etc} and in house activities (crafts, cooking etc)- Pre Frailty & Social Isolation Funds reiVed to reduce loneliness and social isolation in the Council's Coalfield Area Committee in the prior year. Arc Project Research project with Sunderland University on how COVID-19 identified ways carers accessed support services. Sunderland Carers Centre did the research and the Universily collated the results. Sunderland Formèr Players Young Carers donation towards a bowling trip in the prior year. Greggs Foundation Grant received towards a bed for a young carer in the prior year. 23
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Kavll Trust Award -wellness Project £15,000 was awarded from Primula to be used forthe wellbeing of carers such as a wellbeing lounge. materials and facilitator fees of wellbeing activities. Access to Work Grant Funding towards the costs of new equipment and training for staff member with additional needs identified at Work Place Assessment. Rosellne Foundation - Autism Project Funding for the development of a structured learning programme for parenucarers of children and young people pre and post diagnosis as a pilot Name of unrestrl¢tsd fund General fund Designated funds: Descrlptlon, nature and purpose of fund a) Capital fund represents the net book value of tangible fixed assets owned by the charity. b) Contingency fund to allow for six months closure prOsS should funding suddenly cease. 16 Analysis of Total Funds Unrestrlcted Funds Restricted Funds 2024 Analysis by type of asset and Ilablllty Fixed Assets Net Current Assets 112,166 1.211,383 112,166 1,289,990 78,607
SUNDERLAND CARERS CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 16 Analysis of Total Funds (continued) Analysi8 of Total Funds- Movement in Previous Year Unrestrlcted Funds Restrlcted Funds 2023 Analysis by typ• of asset and liability Fixed Assets Net Current Assets 122,917 959,515 122,917 1,021,715 62,200 1082 432 17 Related Party Transactions There were no related party transactions incurred during the year ended 2024 (2023 .' £Nil) and £Nil was outstanding to related parties at the balance sheet date {2023 . £Nil). 25
SUNDERLAND CARERS CENTRE DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 2024 2023 INCOMING RESOURCES Income from Charitsble A¢tiviti CCG & TFC Summer Short Breaks Roseline Foundation Sunderland City Council - Innovations Grants NHS- Cost of Living Grant Pre Frailty & Social Isolation Information, Advice & Support Service Sunderland CCG Miscellaneous Income Access to Work Grant Activities Grant- Fun Fund Together for Children - Engagement Role Young Carers Activities and Support Greggs Foundation CAB Refund ARC Project Kavli Trust Award - Wellness Project 18,000 22,000 375,860 100,000 353,000 18,240 120,000 267,000 4,408 120,000 267,000 2,191 1,206 4,113 25,000 35,000 90 85 15,524 3,200 25,000 6,770 4,246 924,273 863,660 Donations and Logacias Donations 16,676 9,962 Investment Income Bank Interest 973 363 TOTAL INCOMING RESOURCES 873 985 TOTAL RESOURCES EXPENDED Per Schedule 737 526 NET SURPLUSI(DEFICIT) This page does not form part of the statutory financial statements 26
SUNDERLAND CARERS CENTRE NOTES TO THE DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 2024 2023 RESOURCES EXPENDED Charitable Activities Grants Payable Training Projects Young Carers Activities Mental Health Award Local Projects Awards 2,305 11,262 36,502 79,079 DBSICRB Checks Advertising Recruitment Expenses Staff Training 619 350 969 2,082 Rates & Water Heat & Light Printing, Postage & Stationery Repairs & Renewals Cleaning Premises Expenses Insuran 2,905 4,381 8,526 623 455 8,017 26,738 23,820 Travelling Venue Hire Conference Fees Telephone Computer Costs 1,321 1,020 324 10,295 26,196 26,021 Refreshments Sundry Expenses Bank Charges 1,191 870 204 2.265 2,022 Staff Salaries Redundancy Provision Employers Nl Employers Pension 504,576 32,344 546,098 558,908 Audit Fees Accountancy Fees Professional Fees 4,608 8,980 31,767 32,365 Depreciation 13,863 13,229 TOTAL RESOURCES EXPENDED This page does not forni part of the ststutory financial statements 27