Charity re8lStration number 1118942 Company r4istration number 06133161 (England and Wales) GATESHEAD CARERS A550CIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
GATESHEAD CARERS ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Stuart Cox Elsie Johnson Amanda Tonkinson Margaret Barrett Michael Anthony Fit2patrick AnrT Owens June Gordon Valerie Smith l Mearns Dan Taylor Steve Cowen (Appointed 23 January 20241 (Appointed 23 January 20241 Charity number 1118942 Company number 06133161 Registered office John Haswell House 8-9 Gladstone Terrace Gateshead NE84DY Independent examlner Stephen Lamb, FCA 12 Bessemer Court Hownsgill Industrial Park Knit51ey Lane Consett Co Durham DH8 78L
GATESHEAD CARERS ASSOCIATION copItENT5 Page Trustees, report Statement of tru5tees' responsibilities Independent examiner's report Stateiment of financial activitie5 Balance sheet Staternent of cash flows io Notes to the financial statements 11-20
GATESHEAD CARERS ASSOCIATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and com ply with the charity's governing document. the Companies Act 2006 and "Accounting and Reporting by Charitie5= Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191" Objertlves and activities The charity's objects were to relieve the stresses experienced by Carers in the Borough of Gateshead and surrounding areas in particular by the provision of information. advlce and support services to such persons so as to asslst them and their dependents. Public benefit The trustees have paid due regard to guidance issued by the Charity Commission In deciding what activities the charity should undertake. Activities Achlevements and performance Significont octivities ond ochievements agt7in5t objectives This financial year was the 13St full year of our current contract, jointly funded by Gateshead Metropolitan Borough Council and the Newca5tle/ Gateshead Integrated Care Board (ICBI for the delivery of caregiver Services in Gateshead. The contract end date was 31rt August 2024. The financial structuring of the contract was challenging as there was a 45% reduction in the contract value from year One12019 120201 to Year Five12023120241. In addition. the inflation rate for the period was 21%. I welcome our independent financial report for 2023 12024 which demonstrates our sound f inancial planning in this year and throughout the term of our contact with Gateshead Council and ICB. The priority. under the significant reduction in the value of the contract, had to be the delivery of statutory Carers Assessments which was delegated to this organisation in 2021. We increased the number of Carers Assessments delivered significantly over the course of the contract compared to the very low numbers of Carers Assessments prior to delegation to GCA. Of course, an a55essment is not support. An assessment sirn ply identifies people's eligible need5 for support under the Care Act 2015. At the same time, whilst always meeting the requirement to complete a Carers Assessment within 28 days of referral to Gateshead Carers, there were 518nificant LA delays in the eligible needs of care8ivers being met, particularly if those needs could only be met throu8h a Direct Payment. Decisions were made by the LA and this led to high levels of frustration amongst our staff and caregivers. The board were made aware that GCA staff increasingly felt like an assessment department of the LA, rather than an independent organisation run by and for unpaid carers. This sense of frustration 8rew following our 2023 survey of unpaid carers in Gate5he3d. We published our report, Strom Caregiver.. Severe Red Warning. in December 2023 based on this survey and the findings of previous Surveys in 2011, 2014. 2017 and 2020. The report highlighted the continuing upward demand5 on caregivers in Gateshead.
GATESHEAD CARERS ASSOCIATION TRusfEES' REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Half of all caregiver I cared for relatlonshlps In Gateshead are; the sick and dlsabled carlng for the sick and disabled r half of unpaid ¢3r5 (54%) report that their disability or health condition is affecting or Ilmiting the care that they are able to wovide Over 8 out of every 10 unpaid carers (84%) report that thelr carlng role has affected thelr physlcal or mental healih. Almost 7 out of every 10 caregivers167%} report feelin8 anxious and stressed Almost half (48%) are provldlng over IiKI hours of care per week. 82% are providin£ over 35 hours per week of unpald care. the equivalent of at least one full tlrne Job. The 2023 survey results show a staggering increase in the type and rdnge of care provided across all areas. Since 2020. Personal care: Iiicrea5e 94% Physical help.. Iii(_rease 52% Prartical help: Iiibrease 380A Dealing with care seNices l appointments: Increase 57% Paperwork and financial matters: Iricrease 47% Keeping company: Increase 50% Emotional support.. Illcrease 65% Providingtransport: Increase 60% Administering medicines- Increase 70% Supervision, keeping sate: I iicrease 50%
GATESHEAD CARERS ASSOCIATION TRUSTEES, REPORT (INCLUDING OIREcfoRS' REPORT) {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 It's clear from what caregiver5 are telling u5 that they are increasingly socially isolated, that unpaid carers are 2.5 times more likely than the general population to use foodbanks. unpaid carers do not feel valued by the local authority, health servlces or the Bovernment, they report having little control over their lives and a poor quality of life. Financial revlew The financial statements show a net income of £58,888 12023 deficit - £18,889). In addition Cash balances remain healthy at £336,83212023 £343,007). Within the bank the charity 15 holding £46,246 on behalf of the John Haswell Memorial Trust. Reserve5 policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month'5 expenditure. The trustees consider that reserves 3t this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charitrfs current activities while consideratlon Is glven to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure; it is estimated that thls currently equates to £150,000. At this level of unrestricted reserves, the charity could maintain operation for three months even if no income was being generated. Current unrestricted reserves after adjusting for fixed assets amount to £224,291. Sufficient funds have to be retained to finance the procurement contracts for the final five months of the contract. The charity enjoys good liquidity and has no issue on meeting its liabilities when they are due. The trustees are confident for the next twelve months. Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emer8ency bills, repairs and other expenditure Mojor risks The trustees have assessed the major rlsks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Structure. governance and management The charity is a corn pany limited by guarantee. The company was Incorporated on l March 2007 and it registered wlth the Charity Commission on 25 April 2007. The company was established under a Memorandum of Association which established the objetts and powers of the charitable company and is 8overned under Its Artlcles of Association.
GATESHEAD CARERS ASSOCIATION TRusfEES' REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR ThTE YEAR EIVDED 31 MARCH 2024 The trustees, who are also the directors for the purpose of company law, and who Served during the year and up to the date of signature of the financial statements were: Stuart Cox Elsie Johnson Amanda Tonkinson Michael Hall Margaret Barrett Michael Anthony Fitzpatrick Ann Owens (Resigned 23 January 20241 June Gordon David Clelland Valerie Smith l Mearns Dan Taylor Steve Cowen {Re5igned 22 January 20241 (Appointed 23 January 20241 (Appointed 23 January 20241 Recruitment and t7ppointment of trustee5 Management committee members were recruited in a variety of ways including advertisements. Members are drawn from the wider membership of the Association, and elected at the annual 8eneral meeting, with additional members being Co-opted because of their position or knowledge. Members serve for a three-year period and may then be elected for a further three-year period. Meetings take place approximately once a month. New members recelve appropriate induction briefings and attend relevant courses for Trustees. Skills and training needs of members are identified through a periodic skills audit. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Orgonisational structure Strategic decisions are taken by the Management Committee- with detailed deliberation sometimes being delegated to the Finance sub committee or personnel sub committee. Day-to-day management is delegated to the Chief Officer who leads the staff team and who provides clear written reports to trustees at every meeting. Members of the management committee take a close interest in the work of the Association and often visit between formal meetings. Funds held on behalf Df a linked charlty Under an amendment to a Uniting Dirertion dated 13 June 2016 the John Haswell Memorial Trust {Charity number 1118942-11 is linked to Gate5he3d Carers Association. The John Ha5well Memorial Trust had previously been linked to Gateshead Voluntary Organisation Council before that charity entered liquidation. The assets of the linked charity - John Haswell Memorial Trust comprised of a property known as "John Haswell House" and fund5 totalling £46,246. The value of the property has not been included within the accounts. The money transferred from Gateshead Voluntary Organisation Council has been used to fund building costs. Rents received from tenants have been added to the John Haswell Memorial Trust funds.
GATESHEAD CARERS ASSOCIATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORn (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Plans for future periods We know that the situation is not gettlng any better. Ilfe for those people providing unpaid care is becoming intolerable and things cannot go on as they are. In 2024 the board and our members will be considering our future direction and asking.. Do we need to do things differently in terms of how we Support unpaid carers? Is being, effectively. an assessment department of the LA what we should be? What can we do to ensure the legal rights of unpaid carers are recognised in health and social care strategy, policy and practice? What can we do to elfect real and lasting change for caregiver5 in Gateshead? We will be announcing our new approach to support later in 2024. This change in direction is linked to our strong sense that we need to provide a different type of 5UPPOrt for unpaid earers in Gateshead. Its also linked to that fart that we now know our contract with Gateshead MBC and the Newcastle Gateshead Inte8rated Care Board ended on 31st August 2024 and was awarded to another organisation following the open tender process. This opens up more funding opportunities with our ability to seek funding from grant giving charitable trusts with an interest in social care rights, human rights and equality rights. We know we have a grant award from Henry Smith Trust to the end of September 2025. we have ongoing support from John Laing Charitable Trust, we know we have very healthy reserves to support us until we get further 5UPPOrt from grant giving charitable Trusts and our main expenditure Istaffingl is significantly reduced. We are awaiting the outcome of a funding application to the Legal Education Foundation with a value of £152,000 and we have more funding application5 planned. The board are confident in our ability to continue operating without that contract and excited about the opportunity for real and lasting change in the lives of unpaid carers in Gateshead. I would like to thank, on beh31f of the board of tru5tee5, all our staff and volunteers for the dedication, hard work, energy and determination they have shown in the last year and I would like to thank the over 6000 unpaid carers we work alongside for their trust in us. The trustees, report approved by the Board of Trustees. l Mearns Chair of the Board of Tru5tee5 26 November 2024
GATESHEAD CARERS ASSOCIATION STATEME1 OF TRUSTEES, RESPONSIBIUTIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also the directors of Gateshead Carers Association for the purpose of company law, are responsible for preparing the Trustees, Report 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 affair5 of the charity and of the incoming resources and application of resources. Includln8 the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them conslstentlv: observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charlty will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position Df the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
GATESHEAD CARERS ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEÉS OF GATESHEAD CARERS ASSOCIATION I report to the trustees on my examlnation of the financlal statements of Gateshead Carers Association (the charity) for the year ended 31 March 2024. Responsibilities and basis of report As the trustees of the charlty land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 {the 2006 Act). Having satlsfled myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity s financial statements carried out under section 145 of the Charitie5 Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charlty Commlssion under section 145{51(bl of the 2011 Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your ex3mlner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of The Institute of Chartered Accountants in En8land and Wales, which is one of the listed bodies. I have completed my examinatlon. I confSrm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act. or the financial statements do not accord with those records. or the flnanclal statements do not comply with the accountin8 requirements of section 396 of the 2006 Act other than any requirement that the account5 give a true and fair view which is not a matter considered as part of an independent examination,. or the financial 5tatement5 have not been prepared in accordance with the methods and principles of the Statement of Recommended Prattice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding Of the financial statements to be reached. Stephen Lamb. FCA 12 Bessemer Court Hownsgill Industrial Park Knitsley Lane Consett Co Durham DH8 7BL Dated: 26 November 2024
GATESHEAD CARERS ASSOCIATION STATEMENT OF FINANCIAL AcfiviTIES INCWDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH2024 Unrestricted Restricted funds funds 2024 2024 Total Unrestrlcted Restrlcted funds funds 2023 2023 Total 2024 2023 Notes Income and endowments from.. Donations and legacies Charltable actlvltles Carer Services 7,521 69,350 76.871 2,172 42,668 44,840 436,168 436,168 391,000 391,000 Other income 5.000 5.OCrf) 5,000 5.000 Total income 448,689 69,350 518,039 398,172 42.668 440,840 Expendlture on: Charitable activities 397,762 61,389 459,151 421,344 38,385 459,729 Total expendlture 397,762 61,389 459,151 421,344 38,385 459,729 Net incomellexpenditurel and n70vement in fund5 50,927 7,961 58,888 123,1721 4,283 118.8891 Reconclllatlon of funds: Fund balances at l April 2023 173,364 4.283 177,647 196,536 196,536 Fund balances at 31 March 2024 224,291 12,244 236,535 173,364 4,283 177,647 The statement of financial activities includes all gains and losses recognlsed in the year. All income and expenditure derive from continuing activities.
GATESHEAD CARERS ASSOCIATION BALANCE SHEET A5AT31 MARCH 2024 2024 2023 Notes Current assets Debtors 12 300 343,007 Cash at bank and in hand 336.832 336,832 343,307 Creditor5: amounts falling due within one year 13 1100,297) 1165,6601 Net current assets 236.535 177.647 Net asset5 excluding pension liability 236.535 177,647 The funds of the charity Restricted income funds Unrestricted funds 16 12.244 224.291 4,283 173.364 236,535 177,647 The company is entitled to the exemption f rom the audit requirement contained in Section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accountin8 records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for ihe year in question in accordance with section 476. These financial statement5 have been prepared in accordance with the provision5 applicable to companies subject to the small companies regime. The financi315t3 ent5 were approved by the trustees on 26 November 2024 l Mearns Chair of the Board of Trustees Company registration number 06133161 (England and Wales)
GATESHEAD CARERS ASSOCIATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from operatin8 activities Cash absorbed by operations 21 16,1751 17,4391 Net cash used in investing activities Net cash used in flnanclng actlvltles Net decrease in cash and cash equivalents 16,1751 17,4391 Cash and cash equivalents at beginning of year 343,007 350,446 Cash and cash equlvalents at end of year 336.832 343,007 10-
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountin8 policies Charlty Inforniatlon Gateshead Carers Association 15 a priv3te company limited by guarantee incorporated in England and Wales. The registered office is John Haswell House. 8-9 Gladstone Terrace, Gateshead, NE8 4DY. 1.1 Accounting convention The financial statement5 have been prepared in accordance with the charity's governing document. the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective l January 20191. The charity is a Public Benefit Entity a5 defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these f inancial statements are rounded to the nearest E. The financial statements have been prepared under the historical cost convention, Imodified to include the revaluation of freehold propertie5 and to include investment properties and certain financial instruments at fair valuel. The principal accounting policies adopted are set out below. 1.2 Going concern These financial statement5 are prepared on the 80ing concern basis. The trustees have a reasonable expectation that the charity will continue in operational existence for the foreseeable future. albeit with change in scope and nature of operations. The charity has lost it5 main source of funding, a contract with Gateshead MBC and the Newcastle Gateshead Integrated Care Board. That contract ended on 31st August 2024 and was awarded to another organisation following an open tender process. The lo of that contract has necessitated a change in operational structure of the charity, from that of essentially being an assessment department of the local authority, to that of an advocacy organisation. The above change in scope of operations opens up more funding opportunities, as the charity will be able to seek funding from grant giving charitable trusts with an interest in social care rights. human rights and equality rights. The charity has a grant award from the Henry Smith Trust to the end of September 2025 together with ongoing support from the John Laing Charitable Trust. Additionally. the level of reserves is sufficient to support activities until further 5UPPOrt is received from grant f unding charitable trusts as the main element of expenditure Istaffingl is now significantly reduced. The charity is awaiting the Dljtcome of a fundinE application with a value of £152.000 and more funding applications are planned. The board is confident in the charity's ability to continue operating without the lost contract and is excited about the opportunities for real and lasting change in the lives of unpaid carers in Gateshead. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 11
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMEpifs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pali¢les {Continuedl Endowment funds are su bject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance condltions have been met, the amounts can be me2sured reliably. and it Is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unle55 performance conditions require deferral Df the amount. Income tax recoverable in relation to donatlons recelved under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution. the amount is known, and receipt is expected. If the amount is not known, the legacy 15 treated as a contingent asset. 1.5 Expenditure Expenditure is recognlsed once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared cost5, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between th05e activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges are allocated on the portion of the asset's use. 1.6 Cash and cash equlvalents Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.7 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial In5trument5' and Sertion 12 'Other Financial Instruments Issues. Df FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial Statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 12-
GATESHEAD CARERS ASSOCIATION NOTESTOTHE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcles (Continued) Ba5icAinancit71 assets Basic financial assets, which include debtors and cash and bank balance5, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transactSon is measured at the present value of the future receipts discounted at a market rate of Interest. Financial assets classified as receivable within one year are not amortised. Basicfinancial liabilities Basic financial liabilities, including creditor5 and bank loans are initially recognised at transaction prlce unless the arrangement constitutes a financing transaction, where the debt instrument Is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classif led as payable within one year are not amortised. Debt instruments are subseqvently carried at amortised cost. using the effectlve interest rate method. Trade credltors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from Suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented a5 non-current liabllitles. Trade creditors are recogni5ed init1311y at transaction price and subsequently measured at amortised cost using the effective interest method. Derecoqnltlon offinoncial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.8 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination beneflts. 1.9 Retlrement beneflts Payments to defined contribution retirement benefit Schemes are charged as an expense as they fall due. Critlcal accountlng estlmates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and 355Um Ptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basls. Revisions to accounting estimates are recognised in the period in whlch the estimate is revised where the revision affects only that period, or i n the period of the revision and future periods where the revision affects both current and future periods. 13
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donations and legacies Unrestrlrted Restricted fund5 funds 2024 2024 Total Unrestrlrted Restricted funds funds 2023 2023 Total 2024 2023 Donations and gifts Grants receivable 7,521 7.521 69.350 2,172 2,172 42.668 69,350 42,668 7.521 69,350 76,871 2,172 42,668 44,840 Grants receivable for core activities John Laing Charitable Trust Gateshead Council - VCSE Digital Transformation Henry Smith Charitv 16,500 16,500 12,000 12,000 4,968 25,700 4,968 25.700 52.850 52,850 69,350 69.350 42.668 42,668 Income from charitable actSvftles Unrestricted funds 2024 Unrestrlcted funds 2023 Carer Ser¥lces Services provided under contract 436,168 391.000 Other Income Unrestrlcted Unrestricted funds funds 2024 2023 Employment allowance 5,000 5,000 14-
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on charitable artivities Operating Costs 2024 Ancilliary Total Operatlng Costs Ancilliary Total 2024 2024 2023 2023 2023 Direct Costs Staff costs Direct costs 380,021 13,761 5,171 408 380,021 13,761 5,171 378,259 12.585 5,455 150 378.259 12.585 5.455 150 27,148 4,860 24,137 Annual general meeting Premises Office Communications 32,985 2,781 16,340 32.985 2.781 16,340 27,148 4,860 24,137 451,467 451,467 452,594 452.594 Share of support and governance costs {see note 7) Support 4,177 Governance 3,507 4,177 3.507 2,306 4,829 2,306 4,829 451,467 7,684 459,151 452,594 7,135 459,729 Analysis by fund Unrestricted funds Restricted funds 390,078 61,389 7,684 397.762 61,389 414,209 38,385 7,135 421.344 38,385 451,467 7,684 459,151 452,594 7,135 459.729 Support costs allocated to activities 2024 2023 Bas15 of allocation Membership fees Trustees Expenses Bank Fees Governance costs 3,772 45 1,948 361 358 3,506 4,829 7,684 7.135 Analysed between: Ancilliary 7,684 7,135 15
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL sfATEMEiifs ICONTINUEDI FOR THE YEAR ENDED 31 MARCH2024 Support ¢osts allocated to artivities (Continued) 2024 2023 Governance Costs comprise: Accountancy Legal and professional 3,ISO 356 2.716 2.113 3,506 4,829 Net movement in funds 2024 2023 The net movement in fund5 IS stated after chargingllcreditingl: Fees payable for the independent examination of the charity's financial statements 1,584 1.440 Trustees During the year £45 of expenses were reimbursed to trustees 10 Employees The average monthly number of employees durin8 the year was: 2024 Number 2023 Number 16 16 Employment costs 2024 2023 Wages and salaries Social security costs Other pension c05t5 344.334 28,916 6,771 342.487 28,764 7.008 380.021 378,259 There were no employees whose annual remuneration was more than £60,CN)O. 16-
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL 5fATEMENTS (CONTINUED) FOR ThIE YEAR ENDED 31 MARCH 2024 11 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. IZ Debtors 2024 2023 Amounts falllng due wlthln one year: Prepayment5 and accrued income 300 13 Creditors: amounts falling due within one year 2024 2023 Notes Other taxation and social securitv Deferred income Other creditors Accruals and deferred income 6.293 5.832 1,400 155,211 3.217 14 92,420 1,584 100,297 165,660 14 Deferred Income 2024 1023 Other deferred income 1.400 Deferred income is included in the financial Statements as follows: 2024 2023 Deferred income is included within.. Current liabilities 1,400 Movements in the year: Deferred income at l April 2023 Released from previous periods Resources deferred in the year 1,400 11,4001 1,400 Deferred income at 31 March 2024 1,400 17-
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Analysis of net assets between funds Unrestricted fund5 Restrlrted funds Total 2024 2024 2024 At 31 March 2024". Current assetsllliabilitiesl 224,291 12.244 236.535 224,291 12,244 236,535 Unrestricted funds 2023 Restricted funds 2023 Total 2023 At 31 March 2023: Current assets/lliabilities} 173,364 4,283 177,647 173.364 4,283 177,647 19 Related party transactlons Transactions Wlth related parties During the year the charity entered into the following transactions with related parties= Included in the following note headed 'Acting as Agent, are details of income and expenditure relating to the John Ha5well Trust which is 2 linked charlty to Gateshead Carers Association. 20 Actlng as Agent Gateshead Carers Association agreed to administer the following funds of other entities as agent (the amounts received and eKpended are noted below along with any relevant c105ing balance).. Carer5 Trust1£300 opening balance £14.975 received,. £15,225 expended) [£50 due to Gateshead Carers Association at March 2Q241 John Haswell Trust 1£51,282 opening balance, nil received,. £5,036 expended) 1£46.246 held by Gateshead Carers A550ciation at March 20241 19-
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 21 Cash generated from operations 2024 2023 Surplus/{deficit} for the year 58,888 118,8891 Movements in working capital.. Decreasellincreasel in debtor5 {Decfeasellincrease in creditors IDecrease)/increase in deferred income 300 163,9631 11,400) iiooi 10.150 1,400 Cash absorbed by operations 16,175) (7.4391 21 Analysis of changes in net funds The charity had no material debt during the year. 20-