2023-03-31-accounts - Carers Trust Crossroads West Wales

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Page
Report ofthe Trustees	1 to	10
Report ofthe Independent Auditors	11 to	14
Statement ofFinancial Activities	15
Balance Sheet	16 to	17
Cash Flow Statement	18
Notes tothe Cash Flow Statement	19
Notes tothe Financial Statements	20 to	34
Detailed Statement ofFinancial Activities	35 to	37

							31.3.23	31.3,22
					Unrestricted	Restricted	Total	Tota I
					funds	funds	funds	funds
				Notes	E	E	E	E
INCOME AND ENDOWMENTS			FROM
Donations	and legacies				3,879		3,879	6,011
Charitable	activities
Charitable	activities				2,113,286	928,699	3,041,985	3,231,702
Investment	income			3	1,274		1,274	28
Otherincome					164,713	46,475	211,188	105,873
Total					2,283,152	975,174	3,258,326	3,343,614
EXPENDITURE ON
Charitable	activities
Charitable	activities				2,380,928	995,091	3,376,019	3,334,348
NET INCOME/(EXPENDITURE)					(97,776)	(19,917)	(117,693)	9,266
RECONCILIATION OF FUNDS
Total funds	brought	forward			645,502	40,462	685,964	676,698
TOTAL FUNDS CARRIED FORWARD					547,726	20,545	568,271	685,964

				31.3.23	31.3.22
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E	E	E	E
FIXEDASSETS
Tangible assets	11	9,811	45	9,856	21,283
CURRENTASSETS
Debtors	12	367,453		367,453	477,817
Cash at bank and in hand		623,191	20,500	643,691	665,479
		990,644	20,500	1,011,144	1,143,296
CREDITORS
Amounts falling due within one year	13	(452,729)		(452,729)	(478,615)
NET CURRENT ASSETS		537,915	20,500	558,415	664,681
TOTAL ASSETS LESSCURRENT LIABILITIES		547,726	20,545	568,271	685,964
NET ASSETS		547,726	20,545	568,271	685,964
FUNDS	16
Unrestricted funds				547,726	645,502
Restricted funds				20,545	40,462
TOTAL FUNDS				568,271	685,964

			Cash Flow Statement
		forthe Year Ended 31stMarch		2023
				31.3.23	31.3.22
			Notes	E	E
Cash flows from operating	activities
Cash generated from operations			1	(18,035)	45,450
Net cash (used in)/provided	by operating		activities	(18,035)	45,450
Cash flows from investing	activities
Purchase oftangible fixed	assets			(762)	(13,385 )
Interest received				1,274	28
Net cash provided by/(used	in) investing		activities	512	(13,357)
Change in cash and cash equivalents		in
the reporting period				(17,523)	32,093
Cash and cash equivalents	at the
beginning ofthe reporting	period		2	661,214	629,121
Cash and cash equivalents	atthe end	of
the reporting period				643,691	661,214

	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	TO NET CASH FLOW FROM	OPERATING	ACTIVITIES
							31.3.23	31.3.22
							E	6
	Net (expenditure)/income		for the reporting	period		(as per the
	Statement ofFinancial Activities)						(117,693)	9,266
	Adjustments for:
	Depreciation charges						12,189	13,569
	Interest received						(1,274)	(28)
	Decrease/(increase)	in debtors					110,364	(34,515)
	(Decrease)/increase	in creditors					(21,621)	57,158
	Net cash (used in)/provided		by operations				(18,035)	45,450
2,	ANALYSIS OF CASH AND CASH EQUIVALENTS
							31.3.23	31.3.22
							E	E
	Cash in hand						719	714
	Notice deposits (less	than 3months)					642,972	664,765
	Overdrafts included	in bank	loans and overdrafts		falling due within one
	year							(4,265 )
	Total cash and cash equivalents						643,691	661,214
3,	ANALYSIS OF CHANGES IN		NET FUNDS
						At 1.4.22	Cash flow	At31.3.23
						E	E	E
	Net cash
	Cash at bank and in	hand				665,479	(21,788)	643,691
	Bank overdraft					(4,265)	4,265
						661,214	(17,523)	643,691
	Total					661,214	(17,523)	643,691

2.	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES
						31.3.23	31.3.22
						E	E
	Donations					3,256	4,586
	Other services provided					623	1,425
						3,879	6,011
	INVESTMENT INCOME
						31.3.23	31.3.22
						E	E
	Deposit account	interest				1,274	28
4.	INCOME FROM	CHARITABLE		ACTIVITIES
						31.3.23	31.3.22
				Activity		E	E
	Grants			Charitable	activities	928,699	1,132,730
	Loca I Authority
	Replacement Care
	Contracts			Charitable	activities	1,040,641	1,064,843
	Hywel Dda Adult Spot			Charitable	activities	407,491	355,413
	Private clients			Charitable	activities	44,995	45,213
	Hywel Dda Childrens
	Continuing Care			Charitable	activities	79,137	63,246
	Local Authority	Childrens		Charitable	activities	140,144	135,925
	Local Authority	Personal
	Care			Charitable	activities	150,376	131,556
	Summer &After school
	club session income			Charitable	activities	1,680	3,493
	Local Authority	Community
	Support			Charitable	activities	118,170	162,181
	Direct Payments			Charitable	activities	19,247	28,394
	Ceredigion CC Framework			Charitable	activities	69,004	75,799
	Gofalwyr Ceredigion		Carers	Charitable	activities	32,753	25,968
	Advocacy			Charitable	activities	9,648	6,941
						3,041,985	3,231,702

Grants received, in	cluded in th	e above,	are as follows:
				31.3.23	31.3.22
				E	E
Carers Information	Service			61,890	148,582
Outreach Support Work				119,470	88,836
Young Adult Carers				22,747	61,255
Investors in Carers				66,653	50,004
CUSP				2,000	3,000
Carers Trust grants				6,067	6,555
BBCChildren in Need				42,234	38,013
Catch up				80,686	76,844
Waterloo				22,612	62,598
Carers Discharge support service				78,226	61,572
The Big Lottery				126,667	166,673
Innovation Project				8,727	25,000
ICF Respitality
				35,958	20,000
CCC Resilience				84,525	105,500
CCC Resilience - Hafan Glyd				38,850	37,000
Carers1rust Welsh	Goverment	fund		90,450	101,959
JRSGrants					31,798
Pembrokeshire association of		voluntary	services		19,910
Moondance Foundation				34,937	9,000
Money Matters Project					18,631
Carers Rights Day				6,000
				928,699	1,132,730

						Support
					Direct	costs (see
					Costs	note 6)	Totals
					E	E	E
	Charitable	activities			3,080,686	295,333	3,376,019
6-	SUPPORT	COSTS
						Governance
					Management	costs	Totals
					E	E	E
	Charitable	activities			293,838	1,495	295,333
7,	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated after charging/(crediting)'.
						31.3.23	31.3.22
						E	E
	Auditors'	remuneration				1,495	1,360
	Depreciation -owned assets					12,189	13,569
	Other operating leases					24,180	28,527
	Other accountancy		services			18,458	20,940

STAFF	COSTS
		31.3.23	31.3.22
		E	E
Wages	and salaries	2,626,646	2,566,115
Other	pension costs	152,214	134,635
		2,778,860	2,700,750

			31.3.23	31.3.22
Management	&Admin.		7	7
Care Management			9	13
Care Support	workers		115	121
CISOutreach			7	10
Investors In Carers			2	2
YAC			6	6
CEY			1	1
Catch Up			5	4
Hospital Discharge project			2	2
Transformation	Fund Programme	1		1
			154	167

			Unrestricted	Restricted	Total
			funds	funds	funds
			E	E	E
INCOME AND ENDOWMENTS		FROM
Donations	and legacies		5,911	100	6,011
Charitable	activities
Charitable	activities		2,130,770	1,100,932	3,231,702
Investment	income		28		28
Otherincome			105,873		105,873
Total			2,242,582	1,101,032	3,343,614
EXPENDITURE ON

10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
		Unrestricted	Restricted	Total
		funds	funds	funds
		E	E	E
	Charitable activities
	Charitable activities	2,233,421	1,100,927	3,334,348
	NET INCOME	9,161	105	9,266
	RECONCILIATION OF FUNDS
	Total funds brought forward	636,341	40,357	676,698
	TOTAL FUNDS CARRIED FORWARD	645,502	40,462	685,964
11.	TANGIBLE FIXEDASSETS
		Tenanted
		property
		improvements	Equipment	Totals
		E	E	E
	COST
	At 1stApril 2022	44,040	53,643	97,683
	Additions		762	762
	At 31st March 2023	44,040	54,405	98,445
	DEPRECIATION
	At 1st April 2022	34,933	41,467	76,400
	Charge for year	4,404	7,785	12,189
	At 31st March 2023	39,337	49,252	88,589
	NET BOOK VALUE
	At 31stMarch 2023	4,703	5,153	9,856
	At 31st March 2022	9,107	12,176	21,283

12.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE	FALLING DUE WITHIN ONE	FALLING DUE WITHIN ONE	YEAR
							31.3.23	31.3.22
							E	E
	Trade debtors						258,745	383,593
	Prepayments and accrued				income		108,708	94,224
							367,453	477,817
13.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
							31.3.23	31.3.22
							E	E
	Bank loans and overdrafts				(see note 14)			4,265
	Trade creditors						213,376	245,084
	Accrued	expenses					239,353	229,266
							452,729	478,615
14.	LOANS
	An analysis ofthe maturity				ofloans is given below:
							31.3.23	31.3.22
							E	E
	Amounts	falling due within			one year on demand:
	Bank overdrafts							4,265
15.	LEASING	AGREEMENTS
	Minimum	lease payments			under non-cancellable	operating	leases fall due as follows:
							31.3.23	31.3.22
							E	E
	Within one year						38,461	11,412
	Between	one and five	years				135,267	45,648
	In more	than five years						11,412
							173,728	68,472
					Page	26		continued. ..

MOVEMENT	IN	FUNDS
						Net
						movement	At
					At 1.4.22	m funds	31.3.23
					E	E	E
Unrestricted	funds
General fund					645,502	(97,776)	547,726
Restricted funds
Young Adult	Carers				10,000	(10,000)
CTWelsh Government			Carers Support
Fund					7,500	(7,500)
BBCChildren	in	need			7,982	2,031	10,013
Waterloo Foundation					483	(469)	14
Transformation		Fund Programme		1	622	(604)	18
The Big Lottery					13,875	(13,875)
Moondance	Foundation					10,500	10,500
					40,462	(19,917)	20,545
TOTAL FUNDS					685,964	(117,693)	568,271

				Incoming	Resources	Movement
				resources	expended	in funds
				E	6	E
Unrestricted funds
General fund				2,283,152	(2,380,928 )	(97,776)
Restricted funds
Young Adult Carers				23,093	(33,093)	(10,000)
Outreach Support Work				126,659	(126,659)
CTWelsh Government		Carers Support
Fund				91,678	(99,178)	(7,500)
Investors in carers				70,678	(70,678)
Carers Information	Service			65,070	(65,070)
CUSP				2,121	(2,121)
BBCChildren in need				44,386	(42,355)	2,031
Waterloo Foundation				23,732	(24,201)	(469)
Catch up				85,558	(85,558)
Transformation Fund Programme			1		(604)	(604)
Hospital Discharge	Project			82,944	(82,944)
The Big Lottery				135,259	(149,134)	(13,875 )
ICF Respitality				37,827	(37,827)
CCC Resilience				87,947	(87,947 )
CCC Resilience - Hafan		Glyd		40,550	(40,550)
Carers Trust				6,067	(6,067)
Pembrokeshire association ofvoluntary
services				8,984	(8,984)
Moondance Foundation				36,413	(25,913)	10,500
Carers Rights Day				6,208	(6,208)
				975,174	(995,091)	(19,917)
TOTAL FUNDS				3,258,326	(3,376,019)	(117,693)

						Net
						movement	At
					At 1.4.21	in funds	31.3.22
					E	E	E
Unrestricted funds
General fund					635,558	9,944	645,502
Designated Bereavement			Fund		783	(783)
					636,341	9,161	645,502
Restricted funds
Young Adult Carers					10,000		10,000
CTWelsh Government		Carers Support
Fund					7,500		7,500
BBCChildren in	need				7,141	841	7,982
Waterloo Foundation					951	(468)	483
Transformation	Fund	Programme		1	1,226	(604)	622
The Big Lottery					13,539	336	13,875
					40,357	105	40,462
TOTAL FUNDS					676,698	9,266	685,964

						Incoming	Resources	Movement	Movement
						resources	expended	in funds
						E	E	E
Unrestricted funds
General fund						2,242,582	(2,232,638)	9,944
Designated Bereavement				Fund			(783)	(783)
						2,242,582	(2,233,421 )	9,161
Restricted funds
Young Adult Carers						70,255	(70,255)
Outreach Support		Work				88,836	(88,836)
CTWelsh Government			Carers Support
Fund						101,959	(101,959)
Investors in carers						50,004	(50,004)
Carers Information		Service				148,582	(148,582)
CUSP						3,000	(3,000)
BBCChildren in	need					38,013	(37,172)		841
Waterloo Foundation						62,598	(63,066)	(468)
Catch up						76,944	(76,944)
Transformation	Fund Programme				1		(604)	(604)
Hospital Discharge		Project				61,572	(61,572)
The Big Lottery						166,673	(166,337 )		336
Innovation Project
						25,000	(25,000)
ICF Respitality						20,000	(20,000)
CCC Resilience						105,500	(105,500)
CCC Resilience - Hafan Glyd						37,000	(37,000)
Carers Trust						6,555	(6,555)
Pembrokeshire	association			ofvoluntary
services						19,910	(19,910)
Money Matters	Project					18,631	(18,631)
						1,101,032	(1,100,927)		105
TOTALFUNDS						3,343,614	(3,334,348)	9,266

						Net
						movement	At
					At 1.4.21	in funds	31.3.23
					E	E	E
Unrestricted funds
General fund					635,558	(87,832)	547,726
Designated Bereavement			Fund		783	(783)
					636,341	(88,615)	547,726
Restricted funds
Young Adult Carers					10,000	(10,000)
CTWelsh Government		Carers Support
Fund					7,500	(7,500)
BBCChildren in	need				7,141	2,872	10,013
Waterloo Foundation					951	(937)	14
Transformation	Fund Programme			1	1,226	(1,208)	18
The Big Lottery					13,539	(13,539)
Moondance Foundation						10,500	10,500
					40,357	(19,812)	20,545
TOTAL FUNDS					676,698	(108,427 )	568,271

						Incoming	Resources	Movement
						resources	expended	in funds
						E	E	E
Unrestricted funds
General fund						4,525,734	(4,613,566)	(87,832 )
Designated Bereavement				Fund			(783)	(783)
						4,525,734	(4,614,349 )	(88,615)
Restricted funds
Young Adult Carers						93,348	(103,348)	(10,000)
Outreach Support Work						215,495	(215,495)
CTWelsh Government			Carers Support
Fund						193,637	(201,137)	(7,500)
Investors in carers						120,682	(120,682)
Carers Information		Service				213,652	(213,652)
CUSP						5,121	(5,121)
BBCChildren in	need					82,399	(79,527)	2,872
Waterloo Foundation						86,330	(87,267 )	(937)
Catch up						162,502	(162,502)
Transformation	Fund Programme				1		(1,208)	(1,208)
Hospital Discharge		Project				144,516	(144,516)
The Big Lottery						301,932	(315,471)	(13,539 )
Innovation Project
						25,000	(25,000)
ICF Respitality						57,827	(57,827 )
CCC Resilience						193,447	(193,447)
CCC Resilience -	Hafan		Glyd			77,550	(77,550)
Carers Trust						12,622	(12,622)
Pembrokeshire	association			ofvoluntary
services						28,894	(28,894)
Moondance Foundation						36,413	(25,913)	10,500
Money Matters	Project					18,631	(18,631)
Carers Rights Day						6,208	(6,208)
						2,076,206	(2,096,018)	(19,812)
TOTAL FUNDS						6,601,940	(6,710,367)	(108,427)

				Detailed Statement ofFinancial Activities
				forthe Year Ended 31stMarch 2023
					31.3.23	31.3.22
					E	E
INCOME AND ENDOWMENTS
Donations and	legacies
Donations					3,256	4,586
Other services provided					623	1,425
					3,879	6,011
Investment income
Deposit account	interest				L274	28
Charitable activities
Grants					928,699	1,132,730
Local Authority	Replacement	Care Contracts			1,040,641	1,064,843
Hywel Dda Adult Spot					407,491	355,413
Private clients					44,995	45,213
Hywel Dda Childrens Continuing			Care		79,137	63,246
Local Authority	Childrens				140,144	135,925
Local Authority	Personal Care				150,376	131,556
Summer &After school club		session		income	1,680	3,493
Local Authority	Community	Support			118,170	162,181
Direct Payments					19,247	28,394
Ceredigion CC Framework					69,004	75,799
Gofalwyr Ceredigion Carers					32,753	25,968
Advocacy					9,648	6,941
					3,041,985	3,231,702
Other income
Otherincome					211,188	105,873
Total incoming	resources				3,258,326	3,343,614
EXPENDITURE
Charitable activities
Wages					2,626,646	2,566,115
Carried forward					2,626,646	2,566,115

				Detailed Statement ofFinancial Activities
				for the Year Ended 31stMarch 2023
					31.3.23	31.3.22
					E	E
Charitable activities
Brought forward					2,626,646	2,566,115
Pensions					152,214	134,635
Travel &activities	expenses				188,820	213,572
Training					10,004	19,984
Protective clothing	& ID				237	630
Payroll fee					5,652	4,914
Carers Trust grants					89,278	87,458
Professional and consultancy			fees		1,204	2,366
Bereavement &Intervention					6,631	3,944
					3,080,686	3,033,618
Support costs
Management
Other operating	leases				24,180	28,527
Light and heat					8,372	12,443
Telephone					30,596	50,634
Postage and stationery					15,894	10,276
Office rent					56,849	37,035
Affiliation fees					5,933	5,848
ITmanagement	system				34,531	20,790
Photocopying					33,312	39,074
Sundry expenses					1,294	924
Bank charges					667	718
Insurance					18,953	17,113
Depreciation					12,189	13,569
Audit and accountancy		fees			16,963	20,940
Premises repairs	&upkeep				10,310	21,457
Computer and website		costs			1,809	5,302
Professional and	consultancy		fees		3,775	5,909
Advertising					13,025	6,483
Gifts					1,965	117
Dues &Subscriptions					3,221	2,211
					293,838	299,370
Governance costs
Auditors' remuneration					1,495	1,360

	31.3.23	31.3.22
	E	E
Total resources expended	3,376,019	3,334,348
Net (expenditure)/income	(117,693)	9,266