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← Care Network Cambridgeshire

2025-03-31-accounts

Charity registration number 1120693

Company registration number 06297277 (England and Wales)

CARE NETWORK CAMBRIDGESHIRE

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

CARE NETWORK CAMBRIDGESHIRE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees W Mortimer S Ellington M Pearce Higgins M Hill R Barnes J Stoner (Appointed 15 August 2024) Secretary L Phillips Charity number 1120693 Company number 06297277 Registered office 18 Broadway House 149-151 St Neots Road Hardwick Cambridge United Kingdom CB23 7QJ Auditor Azets Audit Services Westpoint Lynch Wood Peterborough Cambridgeshire United Kingdom PE2 6FZ

CARE NETWORK CAMBRIDGESHIRE

CONTENTS

Page
Trustees' report 1 - 9
Statement of trustees' responsibilities 10
Independent auditor's report 11 - 13
Statement of financial activities 14 - 15
Balance sheet 16
Statement of cash flows 17
Notes to the financial statements 18 - 30

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' 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 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 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 January 2019).

Objectives and activities

Care Network was established as a charity in 1986, later becoming Care Network Cambridgeshire, recognising the need for our services across the county. Initially formed as a group of volunteers in the 1970s who worked with people in their own communities to support independent living and community collaboration, including transport, social groups, and befriending, Care Network Cambridgeshire has continued this work, developing a range of services that meet the demands of more complex ways of living in the 21st century, post-pandemic and during financial hardship.

Our Charitable Objects are:

To facilitate the relief of sickness and distress and improve the quality of life by reducing social isolation and improving independence for older and otherwise vulnerable adults, in Cambridgeshire and neighbouring counties.

We do this through our mission:

We support adults and communities to improve their health and wellbeing through a person-centred approach. Working alongside them to make informed choices that improve confidence and connection.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Care Network Cambridgeshire exists to enable individual clients and communities to live happier, healthier, and independent lives. We do this by giving practical and emotional support after a hospital stay, or a period of ill health and helping local people reconnect with their communities.

Our vision for communities and individuals to be empowered to live happier, healthier and independent lives, enabling individuals to choose their own independent lifestyle and social activities, provided with as much information and support as they need. The health and well-being of individuals is improved or maintained, hospital stays are minimised, and recovery is as fast as possible. Communities involve local people to support each other both individually and through groups and activities.

Our achievements within the last 12 months to deliver upon these goals of supporting residents of Cambridgeshire & Peterborough are:-

Help at Home: Our Help at Home service ensures people can be discharged from hospital, as soon as they are medically able, to a safe home, equipped for their needs, with the right support and resources to enable independent living and reconnecting with the community for post-recovery.

The service also prevents the need for admission to hospital or longer-term adult social care, ensuring retention of independence following a period of ill-health or a change of personal or health-related circumstances.

Our Help at Home service continued to work alongside our Voluntary Sector Alliance (VSA) partners, Age UK Cambridgeshire and Peterborough, and Caring Together. Through this partnership, we have been able to help hospitals discharge patients quicker, with referrals to the VSA coming through our virtual referral system which enables the three charities to work together to support the same client. We have worked hard with Cambridgeshire and Peterborough Integrated Care Board to develop this opportunity so that more wards are able to refer into the partnership in this way, increasing the reach and further reducing pressure on each of the acute hospitals. The VSA celebrated its first year of operation in November 2024, and the partnership continues to develop as the needs of the community and the hospitals change.

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

In the last year, our Help at Home service has helped 1,148 people (32.5% more than the previous year), with nearly half of these coming through our VSA referral route. The complexity of our referrals have increased this year, with many clients presenting with multiple needs, requiring greater involvement from us. 32% of our Help at Home services came directly from the community, supporting people to remain safe and independent at home and avoiding hospital admission. Our busiest areas in the community have been Cambridge City (26%), Huntingdonshire (25%), and Fenland (20%). The Help at Home team has grown to ensure response times are kept to a minimum and that our clients can be given the right amount of support as required. As such, we expect referrals in and around Peterborough to increase over the course of the forthcoming year as our services in the community become much more embedded.

Community Navigators: Our community navigators work with people to identify their needs and connect them to community services, events, and activities that will support those needs and reinforce independent living. At the end of this financial year, the service has a further six months of the contract period remaining, at which point Cambridgeshire County Council will retender the service. During the last contract period, the navigators’ team have adapted the service to support more complex needs, as statutory services and the public purse are further stretched, and people are dealing with greater challenges, often juggling many life-changing events at the same time.

The service has taken in 2477 referrals over the course of this year. 17% of these were self-referrals, with the remainder coming from community sources, such as Social Care teams and GP surgeries. The service covers the whole of Cambridgeshire, except for Peterborough, which isn’t funded by this contract. The majority of referrals come in from Huntingdonshire (24%), with Cambridge City and Fenland each making up 21% of the total referrals. Our Navigators work hard to build their knowledge of the geographical area they cover so they can always find services to best support the needs of the clients. The relationships they build with other agencies, voluntary groups, and statutory services is key to this success, enabling them to provide warm handovers to avoid clients dropping through a gap due to lack of confidence or a feeling of exclusion.

Each referral resulted in just over three signposts on average, where our Navigators were able to put the client in touch with the right expert to help them to meet their needs.

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Over the course of this year, the top three needs most commonly addressed were:

Home – this includes housing and homelessness, safety, security, mobility, scams, cleaners, gardeners, adaptations, and furniture.

Social connection – this includes loneliness, isolation, befriending, groups, activities, and companionship. Care and health – including mobile services, social care assessments, care agencies, respite, home care, care homes, and visiting care.

Many of our clients now have multiple needs, which is a changing picture from even three years ago, where most clients would ask us for support with up to three issues, and now in this last year this has increased to six. For some clients, this is the first time they have reached out for support, and they benefit from the opportunity to be heard, and to find confidence in the support they are being signposted to. We measure our impact using a Likert scale, recording how confident the client is before receiving the support, and how confident the client is three months following our intervention. Across the three most common issues noted above, all clients report feeling more confident to be independent because of the Navigators’ intervention. The graphs below show the impact our Navigators’ service has in relation to how confident people feel, where 1 is not at all confident and 5 is very confident.

This graph shows that over the year, 24% of our clients started with a score of 1 for how confident they feel they can handle their home issues independently, and we helped them achieve a confidence score of 4 by the end of their interaction with us.

This graph shows the biggest increase in confidence scores in relation to their social connections was achieved with those at a starting point of 2 or 3. We expect this to be the case, as those with a lower initial score will need more time to build that confidence.

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

In the Care and Health category, once again the biggest progress was made with those starting at a score of 1, with them ending up scoring a 4 by the end of their time with us.

We also identified that throughout this time, due to the complexities of the issues being raised, our Navigators are spending much more time with clients to unpick their needs and identify the best solutions for them. In this year, Navigators have spent an average of 72 minutes per client, focusing on longer consultations and assessment of need. To evaluate the impact of our services, we also conduct a client survey. In this year’s survey, 96.3% of clients said they feel more independent and able to access support and information when needed, with 90% saying they felt more connected to their community.

At the end of this financial year, the service has a further six months of the contract period remaining, at which point, Cambridgeshire County Council will re-tender the service. Care Network’s expertise in successfully delivering this service over 12 years, since the service began in Cambridgeshire, means we are determined to work with commissioners to keep this work going.

Wellbeing: Our wellbeing service enhances people’s quality of life across the county, empowering people to work through transitions and challenges in life, building on good physical, mental, and emotional wellbeing through a focus on building self-confidence and resilience whilst retaining independence, and ensuring everyone has access to the resources they need to thrive. Our wellbeing service works on the New Economics Foundation’s ‘five ways to wellbeing’ with each client, supporting them to connect with their community, improve self-esteem, and feel a greater sense of belonging. The service combats anxiety, depression, and loneliness through a person-centred and goal focused approach.

A number of wellbeing clients have gone onto volunteer within their community following their intervention as they realised the benefits of giving to others and being part of a community. As with our other services, the wellbeing team have found a greater need for support for those dealing with more complex life situations. Our volunteer team are well-utilised to deliver our wellbeing services, including for check and chat calls and befriending. The volunteer support here enables the team to deliver longer-term support to the clients, who often require this due to the length of time they have been experiencing issues without obtaining the right help at the right time.

During this year, the service was funded through Cambridgeshire County Council after they saw how this would complement the Navigators’ service. We have also been successful in acquiring some funding for this service specifically for older people through the County Council’s adult social inclusion grant. We continued to utilise our National Lottery Community Fund grant to support this service.

Throughout the year, the wellbeing team supported 315 individuals, with 13.7% of these finding us through our promotional activities, and the remainder being referred to us through a huge variety of community connections including mental health teams and GP surgeries. The majority of clients receiving support are in the 45-64 age bracket (38%) and those over 75 representing 30%. As with our other services, the wellbeing team have found a greater need for support for those dealing with more complex life situations. Our volunteer team are well-utilised to deliver our wellbeing services, including for check and chat calls and befriending. The volunteer support here enables the team to deliver longer-term support to the clients, who often require this due to the length of time they have been experiencing issues without obtaining the right help at the right time. The main reasons for referrals into this service are for mental health support (88%), however there are a large number of underlying

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

reasons or consequential reasons that require our team’s help too, including social inclusion, which applied to 58% of our clients, and physical health, which applied to 48%. Over the course of this year, we have sadly received a greater number of calls from people at crisis point with their mental health. Our team are trained to identify those at risk of suicide and provide appropriate intervention to ensure the person’s safety and wellbeing. Our wellbeing service works on the New Economics Foundation’s five ways to wellbeing with each client, supporting them to connect with their community, improve self-esteem, and feel a greater sense of belonging. The service combats anxiety, depression, and loneliness through a person-centred and goal focused approach. A number of wellbeing clients have gone on to volunteer within their community following their intervention as they realised the benefits of giving to others and being part of a community. Professional referrers tell us how great the service is:

“I really don’t know where I would have gone with this client as the waiting lists for other services were excessive. I was so grateful that you supported this elderly client following bereavement and equipped her with the tools that she needed to access some social activities. She now has a new friendship group as a result of your help.” Claire P3 Charity.

“Care Network Wellbeing serves as a backdrop for Talking therapy as there is a long waiting list. There are lots of patients who are isolated and using the befriending service which is very helpful. It has not been possible to refer any patients to other services they do not have capacity. Patients have found Care Network support very helpful and supportive at the time of need.” Salome SPLW St Ives.

Community Transport Infrastructure: Our infrastructure support for community car schemes, funded by South Cambridgeshire District Council, continues to support volunteer car schemes to assist the elderly and vulnerable in South Cambridgeshire. Many of the car schemes assist local people with getting to and from medical appointments. Some of the schemes also assist with transport to the shops, or to social activities.

We have once again delivered numerous activities to support the retention and development of car schemes including:

Wellbeing session, delivered by Care Network’s Wellbeing Team, which helps volunteer drivers to assist passengers who are anxious or have concerns around their appointments. The session also focused on how volunteers can support each other, building resilience within their community.

Communications about events, such as the Community Transport Association’s conference, information about changes to parking at hospitals, local transport consultations, surveys, and newsletters.

Meet ups, for volunteers to get together, share experiences and gain support from each other. We also hosted talks on subjects such as driving mobility, and training on moving and handling.

Liaison with groups and associations, such as meetings with Addenbrooke’s Hospital car park manager to discuss the restrictions on parking for volunteer transport. The meeting resulted in additional space being offered to volunteer transport. We also took part in Cambridgeshire and Peterborough Combined Authority’s consultation which aimed to identify how proposed changes might affect community transport schemes. Through our work with many volunteer schemes, we were able to appropriately represent and advocate for all schemes to support future sustainability.

Finally, we have provided promotional materials and practical support to volunteer transport schemes to support their running and ensure they are able to not only make the public aware of their services, but also to recruit more volunteers to keep their schemes going. This includes information that we send out to groups and associations to promote the use of community transport.

“Thank you so much for your support, and for the publicity materials for our Open Day on Saturday 25th. Also for the biscuits, which were very well received by people visiting our stall (and us!)… We had quite a few people who seemed to be interested in volunteering, and who have taken away our contact details, so we will see how many of them now come forward to us. It was actually interesting to meet visitors to the exhibition who were not actually Fulbourn residents.” Fulbourn Car Scheme, January 2025

“ Thank you for taking the time to assemble all this information. It is exceedingly helpful. We have continued to build in outings to some of the discussions and find it an on-going challenge to arrange transport that is affordable. I’m hoping to include the costs in the budget as I prepare Bid submissions, but know that this may be a difficult ask .” COPE October 2024

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Fundraising policy

The charity does not actively fundraise amongst the public, although it does hold occasional fundraising events (online fundraising campaigns etc).

The charity does not use any outside or third party fundraisers. Where the charity does receive donations (which it considers unsolicited) it monitors the source to ensure it is suitable to receive the donation in terms of potential vulnerability of the donor or reputational risk to the charity.

No complaints have been received by the charity.

Financial review

We finished the financial year with a surplus of £131,633. This is mostly due to unexpected recruitment challenges. All posts are now filled. As a result of the surpluses, we have designated an amount of £3,038 towards the running of the Help at Home service next year, and we have designated £25,933 towards capacity and development work towards our strategic plan, which involves additional staff time for researching and partnership working. Our wellbeing service has been funded this year through the County Council, however the majority of this funding expires on 31 March. The Board has agreed to continue to fund the wellbeing service through reserves for a further three months whilst alternative funding is sourced. This would be a maximum cost of £34,772.

Charities hold reserves to fund shortfalls in income, for working capital, to cover unexpected expenditure, or short term cashflow deficit, to fund other known liabilities, or to engage with new opportunities as they arise, thus enabling the Charity to continue its work helping local people. Our reserves policy is to have between three and six months’ running costs, and with this surplus excluding the designated funds, our reserves total £200,971 unrestricted and £372,294 restricted. This equates to 2.5 months of unrestricted reserves, and 7.5 months including the restricted funds. The Trustees are satisfied that the reserves are at an acceptable level. Some of the reserves are held in a business current account which allows for usual spend, with 96% of the reserves being held in high-interest bank accounts via the CAF Charity Platform, and other deposit accounts with a variety of terms which allow us early access to funds should they be required. These accounts enable us to gain interest which can be utilised for future development, whilst being quickly accessible should the need arise. One of our challenges is the risk of non-payment, or late payment from our statutory sector partners, which can arise due to political changes. In the last financial year, these delays resulted in us using £72,254 of our reserves to cover the running costs of services.

Sadly our fundraiser left Care Network in June 2024, and we have been unable to find an alternative in-house fundraiser. With the knowledge that we were developing our strategy and part of that work would involve investigating other sources of funding to cover our developing projects, the decision was made to continue without a dedicated trusts and foundations fundraiser. We will be maximising our efforts in increasing individual and corporate donations throughout the course of next year, in addition to utilising existing staff to work on bids through trusts and foundations, potentially bringing in consultant support should this be required for larger bids.

Risk management

The trustees has 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.

The trustees are committed to an ongoing policy of identifying, monitoring and managing all operational, financial and strategic risk. The trustees regularly review key risks which are rated based on severity and likelihood of occurrence and ensure that appropriate mitigations are in place to protect the charity.

Structure, governance and management

The charity is a company limited by guarantee with charitable status, formed on 29th June 2007, and governed by a Memorandum and Articles of Association. Its unincorporated predecessor charity, Care Network, was originally formed in October 1994.

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:

W Mortimer

J Worth (Resigned 7 February 2025) S Ellington

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

M Pearce Higgins M Hill R Barnes J Stoner (Appointed 15 August 2024)

During our AGM in January 2025, the members voted to amend the Articles of Association through two Special resolutions, and following permission from Charity Commission to change the Trustee Benefits clause, as such:

Special Resolution 1

THAT pursuant to the prior written consent of the Charity Commission required in accordance with section 198 of the Charities Act 2011 in respect of regulated alterations to the trustee benefit provisions, with effect from the conclusion of the meeting the new Articles of Association in the form annexed to this resolution and, for the purpose of identification marked “A”, are approved and adopted as the Articles of Association of the Company in substitution for, and to the exclusion of, the existing Articles of Association.

Special Resolution 2 (resolution carried by each of the four classes of membership)

THAT in accordance with article 3(3) of the Articles of Association of the Company this separate general meeting of the members of the X Class of the Company, hereby irrevocably consents to and sanctions the passing of the resolution set out in the notice of general meeting of the Company to be held on 6 January 2025 (a copy of which has been produced to the meeting) and every variation, modification or abrogation of the rights, privileges and restrictions attaching to the X Class each as a class of members which will or may be effected thereby, including the fact that the members of the X Class will immediately cease to be members of the Company upon the passing of the resolution set out in the notice of general meeting of the Company referred to above.

These changes were made to enable Care Network Cambridgeshire to respond better to client and stakeholder needs whilst ensuring the stability of the Board of Trustees.

The diversity of experience and expertise of the Board was strengthened In August 2024, when we welcomed Jane Stoner as a new Trustee to the Board. Jane has expertise in IT and extensive private sector and international experience as a Board Director. We said goodbye and thank you to long-term Trustee, Jill Worth, who retired in February 2025. Jill has brought a wealth of private sector experience, firmly and constructively challenging Trustees in Board discussions, and adding a real and much-valued diversity of view and opinion that has made a big difference to the charity. We have historically recruited Board members through word of mouth, and the Board are recognising a need to reach a wider audience to encourage greater diversity at Board level to broaden perspectives and experience. As such, we plan to develop an initiative to encourage young people, those with lived experience, and those from the communities we serve to consider a Board position and where needed, to be supported to apply and serve.

The Board delegates the day-to-day running of the organisation to the CEO, within a set scheme of delegation. The Board oversees governance policies including safeguarding, health and safety, financial procedures, reserves, and investments. In addition, the Board oversees the organisation’s risk register, which is reviewed quarterly. The Board has a finance subcommittee and a safeguarding subcommittee, at which more detailed discussions take place and actions can be agreed, with assurance being provided to the Board. The Board undertake standard Trustee training which includes roles and responsibilities of Trustees, in addition to developing an understanding of the organisation’s policies and procedures.

Staff salaries are discussed at the finance subcommittee and proposals are put through to the entire Board for authorisation. Benchmarking of salaries takes place against the CPI and in line with other similar organisations within the county, including our partner organisations.

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Strategy, goals and future plans

Our focus over the course of this year was to review all of our processes and our activities to ensure they match the ever-changing environment within which we work. Our work is heavily reliant upon funding, which for the most part, comes through the Integrated Care Board and the Councils. The organisation has strived to understand the needs of our statutory partners and work with them to develop and deliver initiatives to support the Cambridgeshire population. Meanwhile, the needs of the community we serve have changed, with more complex health and social care needs, mixed with greater demand. As such our activities this year have included expanding our teams and building our knowledge through more training and development for all staff across all our services. Throughout this year, we have also spent time developing our next five-year strategic plan. This has involved a wide range of internal and external stakeholders, gathering their knowledge and experience in their areas of expertise to help inform our planning. The final draft of our plan was signed off in February 2025 and went live on 1 April. This is setting us some key objectives for the forthcoming year which include:

These elements will form the foundation of our five-year plan, which is ambitiously set to develop Care Network Cambridgeshire’s offer deep into communities through its volunteer base, creating a Caring Network of support.

Resources

At the end of the financial year, Care Network has a staff team of 31, with three of these posts forming the senior leadership team, including the CEO, the Head of Finance, and the Head of Services. We are proud to have a larger volunteer team of 45, working across all our services and over the entire county. Over the year, our volunteers provided 386 hours of support, enabling us to extend the length of our provision and reach communities that are the most deprived. Our people have a broad range of skills and experience, including 18 different languages. They come from a range of backgrounds which adds to the knowledge within the organisation, including nursing, mental health services, leadership and management, employment services, disability services, and education. In addition, the majority of our people have lived experience of the issues that our clients are facing. Because we cover the entire county, we have an office base in Chatteris, in the North of the county and another in Hardwick, just outside of Cambridge in the South of the county. We also have hospitalbased staff who are able to work from hospital offices as part of their multi-disciplinary teams. At other times, staff work from their homes or community buildings. These working arrangements enable our people to work at locations that make access easier for clients.

Investment powers

The trustees having regards for the operational needs of the charity and security of funds have kept available funds in interest bearing deposit accounts.

Public benefit

In order to fulfil its charitable objects and for the public benefit, Care Network Cambridgeshire delivers direct services to adults and vulnerable people and supports community groups to do the same. In developing strategy and planning service delivery, the trustees comply with their duty to have due regard to the guidance on public benefit published by the Charity Commission.

Pay policy and senior staff

The pay of senior staff is reviewed annually be the trustees and normally increased annually for rises in the cost of living. Specific roles have salary levels set commensurable with salaries set by similar organisations for comparable roles.

CARE NETWORK CAMBRIDGESHIRE

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Auditor

In accordance with the company's articles, a resolution proposing that Azets Audit Services be reappointed as auditor of the company will be put at a General Meeting.

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

W Mortimer

Trustee Dated: 13 June 2025

CARE NETWORK CAMBRIDGESHIRE

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees, who are also the directors of Care Network Cambridgeshire 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 affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of 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.

CARE NETWORK CAMBRIDGESHIRE

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF CARE NETWORK CAMBRIDGESHIRE

Opinion

We have audited the financial statements of Care Network Cambridgeshire (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

CARE NETWORK CAMBRIDGESHIRE

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CARE NETWORK CAMBRIDGESHIRE

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council’s website, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

CARE NETWORK CAMBRIDGESHIRE

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CARE NETWORK CAMBRIDGESHIRE

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Mark Jackson FCA DChA (Senior Statutory Auditor) for and on behalf of Azets Audit Services

3 September 2025

Chartered Accountants Statutory Auditor

Westpoint Lynch Wood Peterborough Cambridgeshire United Kingdom PE2 6FZ

Azets Audit Services is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

Total 2024 £ 8,598 1,041,846 18,318 1,068,762 19,470 1,086,735 1,106,205 (37,443)
Restricted funds 2024 £ - 1,036,846 - 1,036,846 19,470 1,065,141 1,084,611 (47,765)
Unrestricted funds designated 2024 £ - - - - - 3,729 3,729 (3,729)
Unrestricted funds general 2024 £ 8,598 5,000 18,318 31,916 - 17,865 17,865 14,051
Total 2025 £ 2,878 1,114,993 26,886 1,144,757 - 1,013,124 1,013,124 131,633
Restricted funds 2025 £ 1,000 1,109,993 - 1,110,993 - 1,002,048 1,002,048 108,945
Unrestricted Unrestricted funds
funds		 general
designated		 2025
2025		 £
£		 1,878
-		 5,000
-		 26,886
-		 33,764
-		 -
-		 8,195
2,881		 8,195
2,881		 25,569
(2,881)
Notes 3 4 5 6 7
Income from: Donations and legacies Charitable activities Investments Total income Expenditure on: Raising funds Charitable activities Total resources expended Net incoming/(outgoing) resources before transfers

Total 2024 £ (37,443) - (37,443) 567,683 530,240
Restricted funds 2024 £ (47,765) 5,000 (42,765) 303,161 260,396
Unrestricted Unrestricted
Restricted
Total
Unrestricted
Unrestricted		 funds
funds
funds
funds
funds		 general
designated
general
designated		 2025
2025
2025
2025
2024
2024		 £
£
£
£
£
£		 Net incoming/(outgoing) resources before transfers
25,569
(2,881)
108,945
131,633
14,051
(3,729)		 Gross transfers between funds
(14,967)
12,014
2,953
-
(9,683)
4,683		 Net income/(expenditure) for the year/ Net movement in funds
10,602
9,133
111,898
131,633
4,368
954		 Fund balances at 1 April 2024
190,369
79,475
260,396
530,240
186,001
78,521		 Fund balances at 31 March 2025
200,971
88,608
372,294
661,873
190,369
79,475		 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

CARE NETWORK CAMBRIDGESHIRE

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 12 4,608 5,425
Current assets
Debtors 13 10,773 6,912
Cash at bank and in hand 813,920 860,834
824,693 867,746
Creditors: amounts falling due within
one year 14 (167,428) (342,931)
Net current assets 657,265 524,815
Total assets less current liabilities 661,873 530,240
Income funds
Restricted funds 16 372,294 260,396
Unrestricted funds
Designated funds 17 88,608 79,475
General unrestricted funds 200,971 190,369
289,579 269,844
661,873 530,240

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025, although an audit has been carried out under section 144 of the Charities Act 2011.

The directors acknowledge their 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 under the requirements of the Companies Act 2006, 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 companies regime.

The financial statements were approved by the Trustees on 13 June 2025

W Mortimer

Trustee

Company Registration No. 06297277

CARE NETWORK CAMBRIDGESHIRE

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash (absorbed by)/generated from
operations
21
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash generated from investing
activities
Net cash used in financing activities
Net (decrease)/increase in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
(2,064)
26,886		 £
(71,736)
24,822
-
(46,914)
860,834
813,920		 2024
£
(4,683)
18,318		 £
155,001
13,635
-
168,636
692,198
860,834

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Care Network Cambridgeshire is a private company limited by guarantee incorporated in England and Wales. The registered office is 18 Broadway House, 149-151 St Neots Road, Hardwick, Cambridge, CB23 7QJ, United Kingdom.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 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 January 2019)". The charity is a Public Benefit Entity as 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. The principal accounting policies adopted are set out below.

1.2 Going concern

In common with many charities, the future of the organisation is dependent on continued success in being awarded funding. 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 and so 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 trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors 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 conditions 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.

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 is treated as a contingent asset.

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

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 measured 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 are not attributable to a single activity are apportioned between those 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 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings 10% Straight line basis Computers 33.33% Straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

It is the policy of the charity to capitalise assets acquired with a value in excess of £1,000.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 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.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of 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.

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Basic financial 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 using the effective interest method unless 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 receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price 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 classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors 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 as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

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.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates 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 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 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.

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

3 Donations and legacies

Unrestricted Restricted **Total ** Unrestricted
funds funds funds
general general
2025 2025 2025 2024
£ £ £ £
Donations and gifts 1,878 1,000 2,878 8,598

4 Charitable activities

Charitable
Activities
Charitable
Activities
2025
2024
£
£
Income from charitable activities
1,106,904
1,038,389
Other income
8,089
3,457
1,114,993
1,041,846
Analysis by fund
Unrestricted funds - general
5,000
5,000
Restricted funds
1,109,993
1,036,846
1,114,993
1,041,846		 Charitable
Activities
Charitable
Activities
2025
2024
£
£
Income from charitable activities
1,106,904
1,038,389
Other income
8,089
3,457
1,114,993
1,041,846
Analysis by fund
Unrestricted funds - general
5,000
5,000
Restricted funds
1,109,993
1,036,846
1,114,993
1,041,846		 Charitable
Activities
Charitable
Activities
2025
2024
£
£
Income from charitable activities
1,106,904
1,038,389
Other income
8,089
3,457
1,114,993
1,041,846
Analysis by fund
Unrestricted funds - general
5,000
5,000
Restricted funds
1,109,993
1,036,846
1,114,993
1,041,846
2025
£
1,106,904
8,089
1,114,993
5,000
1,109,993
1,114,993		 2024
£
1,038,389
3,457
1,041,846
5,000
1,036,846
1,041,846

Included within income from charitable activities is funding from the following organisations:-

5 Investments

**Unrestricted ** Unrestricted
funds funds
general general
2025 2024
£ £
Interest receivable 26,886 18,318

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Raising funds

Total
Restricted
funds
2025
2024
£
£
Fundraising and publicity
Other fundraising costs
-
19,470
-
19,470
Charitable activities
Charitable
Activities
Charitable
Activities
2025
2024
£
£
Staff costs
570,605
604,097
Depreciation and impairment
2,881
3,729
Staff training and travel
30,827
24,824
Project and volunteer costs
63,594
80,905
Office running costs
12,921
3,893
680,828
717,448
Share of support costs (see note 8)
324,136
361,127
Share of governance costs (see note 8)
8,160
8,160
1,013,124
1,086,735
Analysis by fund
Unrestricted funds - general
8,195
17,865
Unrestricted funds - designated
2,881
3,729
Restricted funds
1,002,048
1,065,141
1,013,124
1,086,735		 Total
Restricted
funds
2025
2024
£
£
-
19,470
-
19,470		 Total
Restricted
funds
2025
2024
£
£
-
19,470
-
19,470
19,470
2025
£
570,605
2,881
30,827
63,594
12,921
680,828
324,136
8,160
1,013,124
8,195
2,881
1,002,048
1,013,124		 2024
£
604,097
3,729
24,824
80,905
3,893
717,448
361,127
8,160
1,086,735
17,865
3,729
1,065,141
1,086,735

7 Charitable activities

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Support costs

Support costs
Staff costs
Staff training and travel
Project and volunteer costs
Office accommodation costs
Office running costs
Professional fees
Financing costs
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
216,747
-
11,223
-
3,140
-
43,808
-
30,483
-
18,192
8,160
543
-
324,136
8,160
324,136
8,160		 2025
£
216,747
11,223
3,140
43,808
30,483
26,352
543
332,296
332,296		 2024
£
274,924
1,012
3,134
38,477
36,880
14,280
580
369,287
369,287

Governance costs includes payments to the auditors of £8,160 (2024- £8,160) for audit fees.

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year. Expenses were reimbursed to them totalling £nil (2024- £nil).

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

10 Employees

Number of employees

The average full time equivalent monthly number of employees during the year was:

Projects
Administration
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
26
3
29
2025
£
705,325
56,787
25,240
787,352		 2024
Number
28
3
31
2024
£
788,730
62,735
27,556
879,021

The total gross number of staff both full and part time was 29 (2024 - 31).

During the year 3 (2024 - 4) key management personnel, being the senior leadership team, received remuneration totalling £151,036 (2024 - £151,073).

The number of employees whose annual remuneration was £60,000 or more were:

were:
2025 2024
Number Number
£60,001 - £70,000 - 1

11 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

12
Tangible fixed assets
Fixtures and
fittings
Computers
£
£
Cost
At 1 April 2024
2,493
32,794
Additions
-
2,064
At 31 March 2025
2,493
34,858
Depreciation and impairment
At 1 April 2024
2,493
27,369
Depreciation charged in the year
-
2,881
At 31 March 2025
2,493
30,250
Carrying amount
At 31 March 2025
-
4,608
At 31 March 2024
-
5,425
13
Debtors
2025
Amounts falling due within one year:
£
Other debtors
5,976
Prepayments and accrued income
4,797
10,773
14
Creditors: amounts falling due within one year
2025
Notes
£
Other taxation and social security
16,091
Deferred income
15
118,419
Trade creditors
6,618
Other creditors
7,156
Accruals
19,144
167,428
15
Deferred income
2025
£
Other deferred income
118,419		 Total
£
35,287
2,064
37,351
29,862
2,881
32,743
4,608
5,425
2024
£
6,390
522
6,912
2024
£
16,335
294,863
7,032
5,328
19,373
342,931
2024
£
294,863

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15
Deferred income
(Continued)
Deferred income is included in the financial statements as follows:
2025
2024
£
£
Deferred income is included within:
Current liabilities
118,419
294,863
Movements in the year:
Deferred income at 1 April 2024
294,863
165,753
Resources deferred in the year
(176,444)
129,110
Deferred income at 31 March 2025
118,419
294,863		 (Continued) (Continued)
2024
£
294,863
165,753
129,110
294,863

Restricted funds The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: Movement in funds
Movement in funds		 Balance at
Incoming
Resources
Transfers
Balance at
Incoming
Resources
Transfers
Balance at		 1 April 2023
resources
expended
1 April 2024
resources
expended
31 March 2025		 £
£
£
£
£
£
£
£
£		 Direct Services
148,701
271,497
(248,828)
-
171,370
179,669
(149,548)
(3,201)
198,290		 Community Development
7,820
7,592
(6,712)
-
8,700
8,000
(6,448)
(228)
10,024		 Head Office
-
48,257
(48,257)
-
-
32,856
(32,856)
-
-		 Community Navigators
2,625
337,578
(328,599)
5,000
16,604
345,728
(343,456)
5,000
23,876		 Healthy Fenland
39,998
103,537
(143,535)
-
-
-
-
-
-		 Wellbeing Service
74,802
35,739
(93,998)
-
16,543
172,083
(150,056)
17,687
56,257		 Primary Care Networks
29,215
51,481
(63,237)
-
17,459
-
-
(17,459)
-		 Help at Home
-
181,165
(151,445)
-
29,720
372,657
(319,684)
(2,047)
80,646		 Emergency Discretionary Fund
-
-
-
-
-
-
-
3,201
3,201		 303,161
1,036,846
(1,084,611)
5,000
260,396
1,110,993
(1,002,048)
2,953
372,294
16
(Continued) t the core costs for the delivery of Care Network Cambridgeshire services. The transfer relates to the separation of the Emergency t the core costs for the delivery of Care Network Cambridgeshire services. The transfer relates to the separation of the Emergency elivery of community development work in Cambridgeshire. The transfer relates to 0.5 hours of a coordinator post for the Wellbeing Service. delivery of Care Network Cambridgeshire services. delivery of Care Network Cambridgeshire services. very of the Community Navigators projects in Cambridgeshire. The transfer relates to costs initially allocated to this project but allocated
Restricted funds Direct Services - To suppor Discretionary Fund. Community Development - D Head Office - Supporting the Community Navigators - Deli against an unrestricted grant.
16

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Balance at
1 April 2023
Resources
expended
£
£
Property fund
10,000
-
Development
fund
64,050
-
Fixed asset
fund
4,471
(3,729)
78,521
(3,729)		 Transfers
Balance at
1 April 2024
Resources
expended
£
£
£
-
10,000
-
-
64,050
-
4,683
5,425
(2,881)
4,683
79,475
(2,881)		 Transfers
Balance at
31 March 2025
£
£
-
10,000
9,950
74,000
2,064
4,608
12,014
88,608		 Transfers
Balance at
31 March 2025
£
£
-
10,000
9,950
74,000
2,064
4,608
12,014
88,608
88,608

The property fund is a provision in the event of dilapidation costs.

The development fund is for delivering projects identified in the Strategic Plan 2025-2030.

The fixed asset fund represents the book value of assets held by the charity.

18 Analysis of net assets between funds

Unrestricted
Designated
Restricted
2025
2025
2025
£
£
£
Fund balances at 31 March 2025
are represented by:
Tangible assets
-
4,608
-
Current assets/(liabilities)
200,971
84,000
372,294
200,971
88,608
372,294		 Total
2025
£
4,608
657,265
661,873		 Total
2024
£
5,425
524,815
530,240

19 Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years		 2025
£
21,980
33,760
55,740		 2024
£
7,666
216
7,882

20 Related party transactions

The trustees are drawn from the community and one of the trustees is also a councillor for South Cambridgeshire District Council. During the year Care Network Cambridgeshire received funding from the Council.

CARE NETWORK CAMBRIDGESHIRE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

21
Cash generated from operations
2025
£
Surplus/(deficit) for the year
131,633
Adjustments for:
Investment income recognised in statement of financial activities
(26,886)
Depreciation and impairment of tangible fixed assets
2,881
Movements in working capital:
(Increase)/decrease in debtors
(3,861)
Increase in creditors
941
(Decrease)/increase in deferred income
(176,444)
Cash (absorbed by)/generated from operations
(71,736)		 2024
£
(37,443)
(18,318)
3,729
71,932
5,991
129,110
155,001