CARER SUPPORT WEST CUMBRIA LTD A CHARITABLE COMPANY LIMITED BY GUARANTEE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 Registered number: 6123034 Charity number.. 1119369
CARER SUPPORT WEST CUMBRIA LTD FINANCIAL STATEMENTS for the year ended 31st March 2025 CONTENTS Page Legal and administrative information Truslees, report Accountant's report Statement of financial activities Statement of financial position Statement of cash flows Notes to the accounts 7t0 11
CARER SUPPORT WEST CUMBRIA LTD LEGAL AND ADMINISTRATIVE INFORMATION 31st March 2025 REGISTERED CHARITY NUMBER 1119369 COMPANY NUMBER 6123034 TRUSTEES Mrs Linda Hewitt Mrs Anne Elizabeth Meeghan Mr Martin Walkingshaw Mrs Judith Pomfret Mr Rafael Cobos Mrs Kellie Woodley Chair {Resigned 151h September 2025) (Resigned 23rd September 2025) (Appointed 91h January 2025) (Appointed S" September 2025) COMPANY SECRETARY AND CHARITY CORRESPONDENT Mrs Sharon Sewell PRINCIPAL OFFICE Unit 7F, Lakeland Business Park Lamplugh Road Cockermouth Cumbria CA13 OQT BANKERS Unity Trust Bank plc Nine Brindley Place Birmingham B12HB ACCOUNTANTS Lamont Pridmore (West Cumbria) Limited Milburn House 3 Oxford Street Workington Cumbria CA14 2AL
2a CARER SUPPORT WEST CUMBRIA LTD TRUSTEES. ANNUAL REPORT for the year ended 31st March 2025 The trustees have pleasure in presenting their report and the unaudited financial statements of the charitable company for Ihe year ended 31° March 2025. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1$1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT The Trustees The trustees are also directors of the charitable company for the purposes of the Companies Act 2006. The trustees who served the charitable company during the period are listed on page 1, together with their date of appointment if within the period. Governing Document The organisation is a Gharitable Company Limited by Guarantee and a registered Charily. The company was established under a Memorandum of Association, which established the objects and the powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to Contribute an amount not exceeding £10. Recruitment and Appointment of Board Members The directors of the company are also charily trustees for the purposes of charity law and under the company's Articles are known as officers. Under the requirements of the Memorandum and Articles of Association the Members of the Board {Officers} are elected to serve in rotalion. Directors who are to retire by rotalion shall be those who have been longest in office since their last appointment. Due to the nature of the charity's work with carers it is recognised that it is benefjcial to have no less than carers or former carers represented on the Board at any lime and the Board strive to ensure that this is always reflected in its composition. This is to ensure that the representation of carers, views are present, and noted on the Board. In 2024-2025 new board members joined the board, one on 9 January 2025 and one on 5 September 2025. DireGtorrrrustee Induction and Training Many of our directorsltrustees are already familiar with or have been involved in voluntary sector organisations. Any new potential trustees are given a working tour of the organisation and are presented with a DirectorlTrustee Induction Pack that consists of information on trustee responsibility and dutie5 as well as copies of the latest accounts and relevant policies for the organisation. A list of relevant documentation given to new Irustees is as below.. Director Roles and responsibilities Carer Support Wesl Cumbria Board Terms of Reference The main documents which set out the operational framework for the charity including the Memorandum and Articles Directors Code of Conduct and Conflict of Interest policies Resourcing and the current financial position as set out in the latest published a¢¢ounts Details of staff structure and names Most recent copy of The Essential Trustee Guide (published by the Charity Commission) The full board meets bi-monthly. Ea¢h Board member takes responsibility for a particular area of governance., known as portfolios and works with the Chief Officer. reporting to the Board as and when appropriate. These are as follows:_ Linda Hewitt- Staffing and HR Anne Meeghan - Risk, Policy and Procedures Martin Walkingshaw- Finance and Fundraising Judith Pomfret- strategy and Governance Rafael Cobos - No portfolio Kellie Woodley - No portfolio There is also appointed a nominated trustee who sits in Ihe board of Carer Support Cumbria {CSC) to represent the Carer Support West Cumbria (CSWCI board and who has full voting rights within CSC. We also have a named Trustee within our Safeguarding Policies for both adults and children.
2b CARER SUPPORT WEST CUMBRIA LTD TRUSTEES, ANNUAL REPORT (Continued) for the year ended 31st March 2025 Risk Management Where appropriate, systems or procedures have been established to mitigate the risks Carer Support Wesl Cumbria faces and our Risk Management and Contingency Policy is regularly updated and reviewed by the full board. Internal control procedures for authorisation of transactions are in place and will be reviewed annually where approprtate. Procedures are in place to ensure compliance with health and safety of staff, volunleers, Glienls and visitors to Carer Support West Cumbria. Related Parties Carer Support West Cumbria is guided by local and national policies on Carers Services via The Carers Trust. Carer Support West Cumbria and Carers Support Cumbria work closely with all statutory agencies in fulfilling its objectives and activities and has a strong working partnership with Adult Social Care and Children's Services. Carer Support West Cumbria is happy to establish partnerships with other organisations that are Constituted or dire¢led to ensure the health and wellbeing of Garers in the community of all ages. Below is a list of partners (including funders and donors) though not exclusive.. Cumberland Council Carers Trust Cumbria Community Foundation Carers UK Children in Need The Grace Trust Bedrock- Transforming Cumbria Big Lottery Community Fund Northern Can¢er Alliance Organisational Structure CSWC presently has a Board of five members who meet bi-monthly and are responsible for the strategic direction and policy of the charity. At present the members come from a variety of professional backgrounds with experience ofvoluntary sector. statutory sector, business and health care- ofthe five members during the year one is a Current or former carer. The Chief Officer is responsible for the operational running of the charity and ensuring the charity delivers its services. The organisation continues lo look for appropriate new board members, in particular with knowledge of, finance, social enterprise, fundraising and business. However, CSWC'S existing board continues to reflect a wide range of knowledge and skills to help the organisation plan and move fomard. The organisation looks at the makeup of Ihe board in terms of equality and diversity when seeking to recruit new members in order that it not only reflects a wide 5ki115 base but also reflects gender and geographical location of members. CSWC continues to work closely with the other Carer's organisations in the county and continues to operate as Carer Support Cumbria (a consortium of the four carers organisations in Cumbria) to meet Contractual requirements. This consortia model enables greater flexibility for future countywide funding bids and tenders where appropriate. OBJECTIVES AND ACTIVITIES The objects of Carer Support West Cumbria are'.- The relief of disabled. elderly or sick persons by the provision of information and support to their carers. To give praGtiGal help, adviGe, assistance, services and advocacy to those people caring for others who are dependent due to the above. Carer Support West Cumbria's Vision: It is the organisation's vision that unpaid carers in West Cumbria have full access to services to support them in Iheir carlng role, fulfil their own needs as individuals and have information and support in place to help them move forward when their caring role comes to an end. Carer Support West Cumbria aims to gain recognition of the contribution carers make lo society. At the time of this report it is known that Cumberland Council significantly changed the tendering process for carer support services across Cumberland. There will no longer be an All Age Carer Gontract instead the contract has been divided Into 3 lots.. Lot 1- Young and Parent Carers Lot 2 - Adult Carers Lot 3 - Digital provision
CARER SUPPORT WEST CUMBRIA LTD TRUSTEES, ANNUAL REPORT (Continued) for the year ended 31st March 2025 In June 2025 it was announced that Carer Support Cumbria were unsuccessful in their contract bids for all 3 Lots. People First were awarded the contra¢t for Lot 2 - Adult Carers and at the time of this report CSWC are in detailed discussions with People First regarding a sustainable future for CSWC. The future of the organisalion will very much be dependent on the final outcome of these discussions. ACHIEVEMENTS AND PERFORMANCE The main area of the charity's work has continued to be the provision of services to carers. These services include the following but are not exclusive: Carer Assessmen15 leading to the development of a support plan Reviews carers 3. Contingency planning (for adult carers) Benefits information and support with completing fonns 5. General information AsslStanGe with individual grant applications for practical, emotional and stress relieving support to help the Carer in their role 7. Social Activities which include trips, outings and afternoon tea events and a Christmas Paty event Health Activities Training for carers 10. Newsletter 11. Individual Support 12. Telephone Support 13. Website information 14. Work with Young Carers in schools 15. Art5 Programme for Young Carers 16. Activity Programme for Young Carers 17. Support for carers through volunteers including sitting services, driving, counselling and carers champions 18. Installation of a new VOIP telephone system and updated computer hardware Carer Support West Cumbria conlinues to provide a range of services lo support the carers of West Cumbria in their caring role. We do not prescribe our services but strive to meet the needs of our carers on a needs-led person-centred basis. We try to accommodate all requests for support and will utilise all available assistance in this task. Carers are encouraged to contact support staff through a variety of methods including calling in to the office, by phone, by email, by letter and through digital platforms. All carers referred to Carer Support West Cumbria are allocated to a 5UPPOrt worker within one week of referral. All services and events that have been organised and are available for carers to take part in are advertised in the newsletter andlor in separate flyers distributed with the newsletter on a quarterly basis and are also advertised and updated regularly on our website and through social media platforms. Carer Support West Cumbria now has a staff compliment of 21 making up 18 FTE during the financial year including management. administration and project staff. Our All Age Carers Project is our biggest project which is Currently supported by the combined teams. All staff reGeive training on all aspects of the caring role and are encouraged to develop further area5 of interest relevant to ¢arers e.g. mental health and dementia awareness. All staff also have mandatory Child Prote¢tion, Adult Safeguarding and Information Govemance training. In addition, training is sought to keep our levels of staff expertise high and we aim to improve our overall Competence levels year on year. Maximum use has been made of online training, for staff, volunteers and management wherever possible. This has had the net effect of maximising training and reducing training costs. Within the staff group we have staff qualified in counselling, voluntary sector, social work. occupational therapy and nursing. Projects are set up andlor developed following review of Garer feedback and demand and we ¢ontinue to offer a variety of activities for young carers. In addition. our benefits clinics are in high demand. Our volunteer project continues to receive high volume of referra15 for support services for carers.
2d CARER SUPPORT WEST CUMBRIA LTD TRUSTEES. ANNUAL REPORT {Continu8d) for the year ended 31st March 2025 FINANCIAL REVIEW Reserves Policy The Board of Directorsrustees have established a policy whereby the unrestricted funds not committed (the free reserves) held by the Charity should aim to be 6 months of the resources expended in general funds. At this level the Board feel that they would be able to continue the current activities of the charity in the event of a significant drop in funding, or 8 delay in funding payments being received or having to wind up certain projects. It would obviously be necessary to Consider how the funding would be replaced if activities changed. Current Financial Position During the year 2024- 2025 CSWC has not applied for any funding it has not needed for its mainstream activities and there has been manageable and planned expansion in this area. During the year we have had continued funding and support from Adult Social Care {through the consortia contract} and through independent grant funded projects. The organisation's financial position and stability has remained strong and the Charity was well able to fulfil all commitments and plans during the financial year. In addition to our rent. we continue to pay into a sinking fund set up by the landlord towards the cost of a new roof. All contingency funds, rent, utilities and insurance have been kept fully up to date and have been adjusted when necessary in line with current costs and charges. In line with the Charity Commission rules on financial management the Board have been kept updated through receiving regular reports at the Board meetings. on the company finances. All financial matters remain to be reported to the Board at every bi-monthly meeting and every financial decision taken by the Board is taken with Charity Commission Guidelines in mind. The Board continues its good managemenl and financial planning approach to have an organisational designated fvnds account. This is principally to cover the six months running Costs. Investment Policy Aside from retaining a prudent amount in reserves each year where possible. almost all of the charity's funds are spent providing the services to its Carers. The organisation maintains the bulk of its finance in an interest giving account with enough finance being held in a current accounl to meel Ihe month by month expenditure ofthe organisation. Statement of trustees, responsibilities Company law requires trustees, as directors of the company, to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity at the end of Ihe financial year and of its surplus or deficit for thal period. In preparing those accounts, the trustees are required to: select suitable accounting policie5 and apply them consistently.. make judgements and estimates that are reasonable and prudent., prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will ontinue to operate. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which enable them to ensure that the accounts 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 irregularilies.
2e CARER SUPPORT WEST CUMBRIA LTD TRUSTEES, ANNUAL REPORT (Continued) for the year ended 31st March 2025 Accountants Lamont Pridmore have agreed to offer themselves for reappointment as independent examiners and a resolution to reappoint them will be proposed at the annual general meeting. This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. Approved by the Board of Trustees on 26h September 2025 and signed on its behalf by- Linda Hewitt - Chair
CARER SUPPORT WEST CUMBRIA LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CARER SUPPORT WEST CUMBRIA LTD for the year ended 31st March 2025 I report to the charity trustee5 on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the aG¢ounts in ac¢ordance with Ihe requirements of the Companies Act 2006 ('the 2006 Act.). Having satisfied myself that the accounts of the Company 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 Trust's accounts carried out under section 145 of the Charities Act 20111'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5llbl of the 2011 Act. Independent examiner's statement Since the Company's gross income exceeded £250.000 your examiner 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 England and Wales (ICAEW), which is one ofthe listed bodies. I have completed my examinalion. I confirm that no material 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 Company as required by section 386 of the 2006 A¢t', or the accounts do nol accord with those records., or the accounts do not comply with the accounting requirements concerning of section 396 of the 2006 Act other than any requirement that the accounts 9ive a 'true and fair view which is not a matter considered as part of an independent examination or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland (FRS 102). I have no concems 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 accounts to be reached. q)N(Lw& Dated.. 26" September 2025 Susannah Nixon Lamont Pridmore (West Cumbria} Limited Milburn House 3 Oxford Street Workington Cumbria CA14 2AL
CARER SUPPORT WEST CUMBRIA LTD STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31st March 2025 Unrestricted Funds Designated Restricted Funds Funds Total Funds 2025 Totsl Funds 2024 Note INCOMING RESOURCES Voluntary income.. Donations Grants receivable & contracts income Other income Investment income 9,033 9,033 10,791 14,000 701,151 715,151 739,178 15,790 15,790 15,052 TOTAL INCOMING RESOURCES 38,823 701,151 739,974 765,021 RESOURCES EXPENDED Charitable activilies Fundraising and publicity Governance costs 15,306 873 691,195 1,323 8,574 706,501 2,196 8,574 632,035 10,483 16,620 TOTAL RESOURCES EXPENDED 16.179 701,092 717,271 659,138 NET INCOMING RESOURCES FOR THE YEAR 22,644 59 22,703 105.883 Transfers between funds 169,243 (169.243) Balances brought fomard 132,241 376.836 212.287 721.364 615,481 Balances carried forward 324,128 376,836 43,103 744,067 721.364
CARER SUPPORT WEST CUMBRIA LTD COMPANY REGISTRATION NUMBER 6123034 STATEMENT OF FINANCIAL POSITION as at 31st March 2025 2025 2024 Note Current assets Prepayments and accrued income Cash at bank and in hand 14.065 735,032 11,101 743,517 749,097 754,618 Creditors: amounts falling due within one year (5,030) (33,254) Net current assets 744,067 721,364 744,067 721,364 Totsl assets less Gurrent liabilities 744,067 721,364 Accumulated funds Unrestricted funds Designated funds Restricted funds 324,128 376,836 43,103 132,241 376.836 212,287 10 Total funds 744,067 721,364 For the year ending 31. March 2025 the company was entitled to exemption from audit under section 477 0* the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibililies for complying with the requirements of the Act with respect to accountlng records and the preparation of accounts. These financial statements were approved by the members of the committee on 26 September 2025 and signed on their behalf by.. Linda Hewitt Chair
CARER SUPPORT WEST CUMBRIA LTD STATEMENT OF CASH FLOWS For the year ended 31st March 2025 2025 2024 Note Cash provided (used in)Iby operating activities (24,275) 19,804 Cash flows from investing activities Interest income 15,790 15,052 Purchase of tangible fixed assets Cash provided (used in)Iby investing activities {8,485) 34,856 Cash flows from financlng activities Repayment of borrowing Cash used in financing activities {Decrease)lincrease in cash and cash equivalents in the year <8,485) 34,856 Cash and cash equivalents at the beginning of the year 743,517 708,661 Totsl cash and ¢ash equlvalents at the end of the year 735,032 743,517
CARER SUPPORT WEST CUMBRIA LTD NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st March 2025 General information The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Unit 7f Lakeland Business Park, Lamplugh Road, Cockermouth, Cumbria, CA13 OQT. Statement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP {FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been ppared on the historical cost basis and are prepared in sterling, which is the functional currency of the entity. Carer Support West Cumbria Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are inilially recognised at historical cost or transaction value unless otherwise slated in the relevant accounting poli¢y note. Judgements and key sources of estimatlon uncertalnty The preparation of the financial statements requires management to make judgernents, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumslances. Incoming resources Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the Charity has entitlement to the income, it is probable that the income will be received and the amount Can be measured with sufficient reliability. Grants receivable and contracts income Revenue grants are credited to the income and expenditure acGount as received, unless related to a specific period, when they are placed in a restricted fund until used. Deferred income represenls amounts received for future periods and is released to incoming resources in the period for which it has been received. Donations and legacies Donations and legacie5 are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. Investment income Investment income is recognised on a receivable basis. Expenditure All expenditure is included on an accruals basis and is recognised when there is a legal or Constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the Statement of Financial Activities. The charitable company is not registered for Value Added Tax and accordingly expenditure is shown gross of irrecoverable Value Added Tax.
CARER SUPPORT WEST CUMBRIA LTD NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st March 2025 Accounting policies (continued} Pensions The company has a defined contribution pension scheme. The cost of the contributions made by the company to Ihe scheme are charged to the profit and loss account as incurred. Taxation The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Fund accounting Unrestricted income funds are general funds that are available for use at the trustees. discretion in furtherance of the objectives of the Charity. Designated funds are unrestricted funds are resources set aside for specific purposes at the discretion of the trustees. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Grants receivable Unrestricted 2025 2024 North Cumbria CCG Immediate Care HMRC Employers Allowance Hospital Discharge Grants LLW Repository Ltd Grace Trust 500 3,750 5,000 5,000 11,940 5,000 8,000 500 500 14,000 26,190 Grants receivable and contracts income - Restricted 2025 2024 Cumbria County Council Big Lottery Art Project Big Lottery Life after Caring Northern Cancer Care Alliance- surplus repaid Benefits Clinic YC Allerdale HAF Programme Bedrock- Transforming Cumbria CCFYC 1-1 Small Gran15, Trips & Travel Fund 601,680 42,983 23,625 (25,020} 9,030 552,000 41,639 50,000 19,691 25.508 8,600 14,775 775 43,778 5,075 701,151 712,988
CARER SUPPORT WEST CUMBRIA LTD NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st March 2025 Expenditure on charitable activities Unrestricted Designated Funds Funds Restricted Funds Total 2025 Total 2024 Salaries and national insurance Employer pension contributions Recruitment costs Rent. service charge & utilities Equipment mainlenance Telephone, postage & stationery Insurance Accountan¢y & bookkeeping Legal & professional fees Newsletter Staff travel Staff training Membership fees Publicity & advertising Bank charges Sundry expenses Evaluation YC Arts equipment Carers. trips & activity breaks Room hire & refreshment5 Volunteers, travel & expenses GovernancelTrusteeslDirectors' expenses DBS checks CIN Small equipment & materials ISO 9000 QMA PAT testing & H&S ¢omplian¢e Fundraising expenditure Grants expended Carers Support Cumbria expenses Hospital Discharge Grants 3,984 250 499,161 32,369 14,765 32,728 34,675 21,887 4,712 5.359 3,215 503,145 32,619 14,765 32,782 42,739 22,145 4,712 5,359 3,215 468,561 33,766 2,281 31.808 5,212 17,264 4.370 9,419 4,011 1,111 10,340 3,267 3,190 3,614 665 1,418 4,000 54 8,064 258 127 8,818 2,943 8,945 2,943 58 1,323 647 328 7,000 1.445 12,063 24 1,381 647 406 7,000 1,445 12,063 24 78 8,515 729 2,046 840 596 1,799 936 823 5,758 32,570 61 168 340 2,151 3,662 1,561 4.002 3,712 1,080 1,080 815 815 11,327 11.327 16,179 701,092 717,271 659,138 Stsff costs 2025 2024 Wages and salaries Social security costs Other pension costs 467.890 35,255 32,619 434,792 33,769 33,766 535,764 502,327
10 CARER SUPPORT WEST CUMBRIA LTD NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st March 2025 Staff costs {continued) The average number of persons {including senior management team) employed part time and full time during the year expressed as full time equivalents was.. 2025 Number 2024 Number Total number of staff 21 26 2025 Number 2024 Number Average number of staff expressed as full time equivalents 20 No trustees, nor any persons connected with them, have received any remuneration from the Charity during the period. Trustees have received travel expenses during the year which are recorded under governance costs. No employee received emoluments of more than £60.000 during the period. Creditors: amounts falling due within one year 2025 2024 Grants received in advance Cancer Champions Core 20,833 8,000 AcGrued expenses 5.030 4,421 5,030 33,254 Unrestricted funds The movement in the year is as follows.. Balance 01.04.24 Incoming Funds Funds Used Balance 31.03.25 Transfers Carers Core Fund Fundraising Volunteer Project All Age Carers Allerdale All Age Carer5 - Copeland Benefits Clinic Small Grants & Travel Fund 75.669 38,843 17,729 29.790 9,033 {13,920) (815) (1,444) 91,539 33,061 16,285 59,278 55,911 16,304 51,750 (14,000) 59,278 55,911 16,304 51,750 169,243 132.241 38,823 (16,179} 324,128
11 CARER SUPPORT WEST CUMBRIA LTD NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st March 2025 10 Designated funds The charity has set aside at the discretion of the Board these funds as designated funds. The movement in the year is as follows.. Balance 01.04.24 Incoming Funds Funds Used Balance 31.03.25 Transfers Development Fund & 6 Months, Running Costs Premises and Lease Termination Fund Redundancy Fund 292,100 57,853 349,953 26,883 26,883 57,853 (57,583) 376,836 376,836 These funds have been designated for the following purposes.. Development Fund & 6 Months, Running Costs - to provide for six months of the resources expended in general funds or other Costs at the Board's discretion. Premises and Lease Termination Fund to provide for future rental costs of the premises and additional rental costs for the premises taken on in the year should the charity fold during the agreed rental period. The fund also provides for any future lease termination costs. 11 Restricted funds The movement in the year is as follows.. Balance 01.04.24 Incoming Funds Funds Used Balance 31.03.25 Transfers All Age Carers Allerdale All Age Carers- Copeland Art Project- RC NE & Cumbria region Northern Cancer Care Alliance Benefil Clinics Big Lottery - Life after Caring Bedrock Small Grants & Travel Fund 50.102 47,727 1,803 42,156 24,848 300,840 300,840 42.983 (25.020) 9,030 23.625 43,778 5,075 (291,664) (292,656) (37,652) 117,136) {17.574) (16,554) {14,880} {12,976) (59,278) (55,911) 7,134 116,304) 7,071 28,898 45,651 (37,7501 212,287 701,151 (701,0921 (169.243) 43,103
12 CARER SUPPORT WEST CUMBRIA LTD NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st March 2025 12 Company Limited by Guarantee Carer Support West Cumbria Ltd is a company limited by guarantee and does not have a share capital. The members of the company are the trustees lisled on page 1. In the event of a winding up of the company, each member has agreed to contribute a sum not exceeding £10. 13 Pension Scheme The company contributes to a defined contribution auto-enrolment pension scheme. The assets of the pension scheme are held separately from those of the company in an independently adMinisted fund with Friends Life. Company contributions to the employees. auto-enrolment arrangements in the year amounted lo £32,619 (2024: £33.7661. There were no contributions payable at Ihe year end included in creditors (2024: £Nil). 14 Operating leases The total future minimum lease payments under non-cancellable operating leases are as follows- 2025 2024 Not later than 1 year Later Ihan 1 year and not later than 5 years 1,453 3,994 2,692 5,447 5,447 8,139 15 Reconciliation of net movement in funds to net cash ftow from operating activities 2025 2024 Net movement in funds Interest receivable {Increase)Idecrease in debtors {Decrease}lincrease in creditors 22,703 (15.790) {2,702} (28,486) 105,883 (15,052} 1,390 {72,417) Net cash provided by operating activities (24,275} 19,804 16 Analysis of net assets between funds UnrestTiCted Designated Restricted Funds Funds Funds Total Funds Current assets Current liabilities 329,158 (5.030) 376,836 43,103 749,097 (5,030) Total net assets 324,128 376,836 43,103 744,067