Charity registration number 1118942 Compary registration number 06133161 (England and Wales) GATESHEAD CARERS ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
GATESHEAD CARERS ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Stuart Cox Elsie Johnson Amanda Tonkinson Margaret Barrett Michael Anthony Fitzpatrick Ann Owens Mrj l Mearns Dan Taylor Charity number 1118942 Company number 06133161 Registered office John Haswell House 8-9 Gladstone Terrace Gateshead NES 4DY Independent examiner TC Group 12 Bessemer Court Hownsgill Industrial P3 rk Knitsley Lane Consett Co Durham DH8 7BL
GATESHEAD CARERS ASSOCIATION CONTENTS Page Trustees, report Statement of trustees, responsibilities Independent examiner's report Statement of financial activlties Balance sheet Statement of cash flows Notes to the financial statements 10-18
GATESHEAD CARERS ASSOCIATION TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply wlth the charity's governing document, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charltles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} {effective l January 20191" Objectives and activltles 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, advice and support services to such persons so a5 to assist 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. Achlevements and performance Significant activities and achievements ogainst objectlves The last year has seen significant changes in our work, moving away from providing general information, advice and guidance to people providing unpaid care to our rights based approach. This decision was made because of a number of factors Firstly, our storm Caregiver report, based on our survey of unpaid carer5 in Gateshead, clearly showed that the challenges unpaid carers faced were increasing alarmingly, across all aspects of care provision and have been since our first report in 2011. This included increases in.. The number of people having to give up employment to provide care, the number of hours per week providing care, the number of years providing unpaid care, levels of social isolation, stress and anxiety, the range of caring tasks, exhaustion and the number of unpaid carers using Foodbanks. Secondly, after the LA contract for unpaid carer services was awarded to another organisation we lost SOQA of our income. Thirdly, the majority of our staff became employees of the new provider, Caregivers Connected Gateshead, under the Transfer of Undertakings Protection of Employment ITUPEI regulations. Fourthly, we were aware that the council did not recognise unpaid carers rights, particularly In relation to the Care Act 2014. Our challenges to council policy, processes and practice were dismissed and our ability to insist on the changes needed was fettered by GCA being under contract with Gateshead Council to deliver unpaid carer services. Fifthly, in our consultations with unpaid carers, there was overwhelming IILKI%I support for our move to rightS- based action.
GATESHEAD CARERS ASSOCIATION TrUSTEES' REPORT (INCLUDING DIREcfoRS' REPORT) {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Of course, to achieve our ambition we need funding. The board has considered two scenarios which are listed below. Worst Case Scenario If we have not Secured any of the funding we need by 31st March 2026, we will, wlth great sadness, have to begin the process of closing the organisation Best Case Scenario If we secure all of the funding needed by the end of March 2026, we will continue to grow and strengthen our rights-based approach in the ways outlined above. At the time of wrltlng thls, we are awaiting the outcomes of two funding applications. More funding applications will be submltted over the next 6 months. The situation is fluid and one large grant award can change everything. The scenarios are presented for clarity and transparency, no scenario is more or less likely to happen than the other scenario. I would like to thank my fellow board members for their support and contributions to GCA and our staff and volunteers forthe hard work, motivation and commitment they have shown over the135t year. Financial review The financial statements show a net deficit of £88,347 {2024 surplus of £58,888). In addition Cash balances remain healthy at £265,04412024 - £336,832). Within the bank the charity is holding £10,359 {2024 £46,246) on behalf of the John Haswell Memorial Trust. Reserves policy It is the policy of the cha rity that unrestricted funds which have not been designated for a specific use should be maintained at a level equlvalent to between three and six month's expenditure. The trustees consider that reserves at th15 level will ensure that, in the event of a significant drop in funding, they will be a ble to continue the charitrfs current activities whi le consideration is given to ways in whlch 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 charltable expenditure; it is estimated that this currently equates to £83,000. 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 £143,905. Sufficient funds have to be retained to finance the procurement contracts for the final five month5 of the contract. The charity enjoys good liquidlty 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 emergency bills, repair5 and other expenditure Major risks The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
GATESHEAD CARER5 ASSOCIATION TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structurei governance and management The charity is a company limited by guarantee. The company was incorporated on l March 2007 and it registered with the Charity Commission on 25 April 2007. The company was establlshed under a Memorandum of Association which establlshed the objects and powers of the charitable company and is governed under its Articles of Association. 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 Elsle Johnson Amanda Tonkinson Margaret Barrett Michael Anthony Fitzpatrick Ann Owens June Gordon Valerie Smith Mrj l Mearns Dan Taylor IReslEned 25 February 20251 (Resigned 25 February 20251 Recrultment ond appointment of tru5tee5 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 general 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 receive appropriate induction briefings and attend relevant courses for Trustees. Skills and training needs of members are identif led 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 Euarantee to contribute £1 in the event of a winding up. Organisationol structure Strategic decisions are taken by the Management Committee; with detailed deliberation sometime5 being delegated to the Finance sub committee or personnel sub commlttee. Day-to-d8y management 15 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 meeting5. Funds held as custodian trustee Under an amendment to a Uniting Direction dated 13 June 2016 the John Haswell Memorial Trust (Charity number 1118942-1) is linked to Gateshead Carers Association. The John Haswell Memorial Trust had previously been linked to Gateshead Vol untary 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 £10,359. 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 Ha5well Memorial Trust funds.
GATESHEAD CARERS ASSOCIATION TRUSTEES. REPORT (INCWDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, report was approved by the Board of Trustees. Mrjl Mearns Chair of the Board of Trustees Date..
GATESHEAD CARERS ASSOCIATION STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees. who are also the directors of Gateshead Carers Association for the purpose of company law, are responsible for prepa ring 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 require5 the trustees to prepare financial statements for each f inancia l year which give a true and falr view of the state of affai rs of the charity and of the incoming resources and a pplication of resources, including 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 consistentlyi - observe the methods and principles in the Charities SORP; makejudgements and estimate5 that are reasonable and prudent: and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeplng adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the fi nancial 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 TRUSTEES OF GATESHEAD CARERS ASSOCIATION I report to the trustees on my examination of the financial statements of Gateshead Carers Association (the charity) for the year ended 31 March 2025. Responsibilities and basls of report As the trustees of the charity land also its directors for the purpose5 of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 21)06 (the 2006 Act). Having satisfied myself that the financlal 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 Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the a pplicable Directions given by the Charity Commission under section 145151(b) of the 2011 Act. Independent examiner's statement I have completed my examination, I confirm that no matters have come to my attention in connection with the examination giving me cause to belleve 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 financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an Independent examination,. or the financial statements have not been prepared in accordance with the methods and principles of the ststement of Recommended Practice 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 {FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the financi31 statements to be reached. TC Group 12 Bessemer Court Hownsglll Industrlal Park Knitsley Lane Consett Co Durham DH8 7BL Dated: 15 December 2025
GATESHEAD CARERS ASSOCIATION STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Totsl Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activities Carer Services 5,877 72,6(Ki 78,477 7,521 69,350 76,871 158,686 158,686 436,168 436,168 Other income 5,000 5,01)J 5,000 5,OlXI Total income 169,563 72,600 242,163 448,689 69,350 518,039 Expenditure on: Charitable activities 249,513 80,997 330,510 397,762 61,389 459.151 Total expenditure 249,513 80,997 330,510 397,762 61,389 459,151 Net incomel(expendlturel (79,950) {8,3971 188,3471 50,927 7,961 58,888 Transfers between funds {436) 436 Net movement In funds 180,386) 17,961) 188,347) 50,927 7,961 58,888 Reconciliation of funds: Fund balances at l April 2024 224,291 12,244 236,535 173,364 4,283 177,647 Fund balances at 31 March 2025 143,905 4,283 148,188 224,291 12,244 236,535 The statement of financial activities includes all gains and losses recognised in the year. All Income and expenditure derive from continuing activities.
GATESHEAD CARERS ASSOCIATION BALANCE SHEET ASAT31 MARCH2025 2025 2024 Notes Current assets Cash at bank and in hand 265,044 336,832 Creditors: amounts falling due within one vear 12 1116,8561 (100,2971 Net current assets 148,188 236,535 Net assets excluding pension liability 148,188 236,535 The funds of the charity Restricted income funds Unrestricted funds 14 4,283 143,905 12,244 224,291 148,188 236,535 The company is entitled to the exemption from the audit requirement contained in Section 477 of the Companies Act 2006, forthe year ended 31 March 2025. The directors acknowledge thelr responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year In question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companie5 regime. nancial statements were approved by the trustees on 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 2025 2025 2024 Notes Cash flows from operatlng activities Cash absorbed by operatlons 19 171,788) 16,1751 Net cash used in investing activities Net cash used in financing activities Net decrease in cash and cash equivalents 171,7881 16,1751 Cash and cash equivalents at beginning of year 336,832 343,007 Cash and cash equivalents at end of year 265,044 336,832
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Gateshead Carers Association Is a prlvate 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 Accountlng convention The financial statements 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. {"FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities: Ststement 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 102)" (effective l January 2019). The ch3rity 15 3 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 financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, Imodified to include the revaluation of freehold properties and to Include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustee5 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. Endowment funds are subject 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 conditions have been met, the amounts can be measured 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, unless performance condition5 require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EJVDED 31 MARCH 2025 Accounting pollcies (Continued) Legacies are recognised on receipt or otherwise if the charity has been notified of a n impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 1.5 Expenditure Expenditure is recognised 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 measu red reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, 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 a re not attributable to a single activity are apportioned between those activities on a ba515 consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation cha rges are allocated on the portion of the asset's use. 1.6 Cash and cash equivalents 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. Boslcflnancial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost uslng the effective interest method u nless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receiva ble within one year are not amortised. Basicfinancial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a f inancinB transaction, where the debt instrument is measured at the present value of the futu re payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, Using the effective i nterest rate method. Trade creditors are obligations to pay for Eoods or services that have been acq uired i n the ordinary course of operations from supplier5. Amounts payable are classified as current liabilities if p3yment is due within one year or less. If not, they are presented as non-current liabillties. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition offinancial liabilities Financial liabi lities are derecognised when the charity's contractual obl igations expire or are discharged or cancelled.
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.7 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 benefits. 1.8 Retlrement benefits Payments to defined contribution retirement benefit schemes are charged as an expense a5 they fall due. Critical accountlng estlmates and Judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not adIlY 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 basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Donations and gifts Grants receivable 5,877 5,877 72,600 7,521 7,521 69,350 72,600 69,350 5,877 72,600 78,477 7,521 69,350 76,871 Grants receivable for core artivitles John Laing Charitable Trust Henry Smith Charity 16,500 56,100 16,5OJ 56,ICrf) 16.500 52,850 16,500 52,850 72,600 72,600 69,350 69,350
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activities Unrestricted funds 2025 Unrestricted funds 2024 Carer Services Services provided under contract 158,686 436,168 Other income UnrÈstrlrted Unrestricted funds funds 2025 2024 Employment allowance 5,000 5,000
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities Operatlng Ancilliary Costs 2025 Total Operating Ancilllary Costs 2024 Total 2025 2025 2024 2024 Dirert Costs Staff costs Direct costs 242,035 28,556 242,035 28,556 784 380.021 13,761 5.171 408 32,985 2,781 16,340 380,021 13,761 5,171 408 Annual general meeting Premises Office Communications 296 31.435 2.339 13,403 296 31,435 2,339 13,403 32,985 2,781 16.340 318,848 318,848 451,467 451,467 Share of support and governance costs (see note 7) Support 2,335 Governance 9,327 2,335 9,327 4,177 3,507 4,177 3,507 318.848 11,662 330,510 451,467 7,684 459,151 Analysis by fund Unrestricted funds Restricted funds 244,121 74,727 5,392 6,270 249,513 80,997 390,078 61,389 7,684 397,762 61,389 318,848 11,662 330,510 451,467 7,684 459,151 Support costs allocated to activities 2025 2024 Basis oAallocation Membership fees Trustees Expenses Bank Fees 2,098 3,772 45 361 3,506 237 9,327 Governance costs 11,662 7,684 Analysed between: Ancilliary 11,662 7,684
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to activities (Continued) 2025 2024 Governance costs Comprise: Accountancv Legal and professional 3,057 6,270 3,150 356 9,327 3,506 Net movement in funds 2025 2024 The net movement in funds is stated after charging/{creditingl: Fees payable for the independent examination of the charity's financial stateynents 1,668 1.584 TNstee5 During the year nil amounts {2024 £451 of expense5 were reimbursed to trustees . 10 Employees The average monthly number of employees during the year was: 2025 Number 2024 Number 16 Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 218,265 19,261 4,509 344,334 28,916 6,771 242,035 380,021 There were no employees whose annual remunerdtion was more than £60,000.
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Taxation The charity is exempt from taxation on its activities because all its income is applied for charltable purposes. 12 Creditors: amounts falling due within one year 2025 2024 Other taxation and social security Other creditors Accruals and deferred income 2,913 112.275 1.668 6,293 92,420 1,584 116,856 100,297 13 Retirement benefjt schemes 2025 2024 Defined contribution schemes Charge to profit or1055 in respect of defined contribution schemes 4,509 6,771 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 14 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At l April 2024 Incoming resources Resources expended Transfer5 At 31 March 2025 12,244 72,600 (80,9971 436 4,283 Previous year: At l April 2023 Incomlng resources Resources expended Transfers At 31 March 2024 4,283 69.350 (61,3891 12,244
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditlons by donor5 and grantors a5 to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At l April 2024 Incoming resources Resource5 expended Transfers At 31 March 2025 General funds 224,291 169,563 1249,5131 1436) 143,905 Previous year: At l Aprll 2023 Incoming resources Resources expended Transfers At 31 March 2024 General funds 173,364 448,689 {397,762) 224,291 16 Analysis of net assets between funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Current a55ets/lliabilities) 143,905 4,283 148,188 143,905 4,283 148,188 Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Current assetsllliabilities) 224.291 12,244 236,535 224,291 12,244 236,535 17 Related party transactions Transartlons with related parties During the year the charity entered into the following transactions with related parties:
GATESHEAD CARERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Related party transactions (Continued) Included in the following note headed 'Acting as Agent, are details of income and expenditure relating to the John Haswell Trust which is a linked charity to Gateshead Carers Association. 18 Acting as Agent Gateshead Carers Association agreed to administer the following funds of other entlties as agent (the amounts received and expended are noted below along with any relevant closing balance): Carers Trust1£50 opening balance, nil received,. £50 expended) [£0.00 due to Gateshead Carers A550ciation at March 20251 John Haswell Trust (£46,246 opening balance, nil received; £36,187 expended) [ £10,059 held by Gateshead Carers Association at March 2025] 19 Cash generated from operations 2025 2024 (Deficit}15urpu5 for the year (88,347) 58,888 Movements in working capital: Ilncreasel/decrease in debtors Increase/ldecrease) in creditors {Decrea5e) in deferred income 3(Ki 163,9631 (1.400) 16,559 Cash absorbed by operations 171,788) (6,1751 20 Analysis of changes in net funds The charity had no material debt during the year.
Document Activity Report Document Sent Mon, 15 Dec 2025 09:16:29 GMT Document Actlvity History Document history shows most recent activity first Date Activity