COMPANY REGISTRATION NUMBER: 06310849 CHARITY REGISTRATION NUMBER: 1122819
Care All Limited Company Limited by Guarantee Unaudited Financial Statements
31 July 2023
BRINDLEY GOLDSTEIN LIMITED
Chartered accountants 103 High Street Waltham Cross Herts EN8 7AN
Care All Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 July 2023
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities (including income and | |
| expenditure account) | 5 |
| Statement of financial position | 6 |
| Statement of cash flows | 7 |
| Notes to the financial statements | 8 |
Care All Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 July 2023
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2023.
Reference and administrative details
Registered charity name Care All Limited Charity registration number 1122819 Company registration number 06310849 Principal office and registered Flat 10 office 125 Clapton Common London E5 9AB The trustees Mr A M Shelton Mr B Levy Mr M Shelton Independent examiner Brindley Goldstein Limited 103 High Street Waltham Cross Herts EN8 7AN
Structure, governance and management
The Charity is constituted as a company limited by guarantee, and is therefore governed by a Memorandum and Articles of Association. The day-to-day affairs of the company are administered by the trustees. It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Objectives and activities
The Company is a Charity whose objects are a) to relieve poverty
b) to relieve sickness and distress of people living with blood borne viruses c) to support the families, friends and carers of persons affected by these conditions and d) to advance the education of the public in such conditions, their transmission treatment and consequences.
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Care All Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 July 2023
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Achievements and performance
The trustees report the results for the year.
Incoming resources have decreased by 1.3% (£10,392) to £790,815 (2022: £801,207). Charitable donations amounted to £643,975 (2022: £401,517), an increase of 60.4% (£242,458). Charitable grants amounted to £136,250 (2022: £438,669), a decrease of 68.9% (£302,419).
Financial review
The trustees retain reserves as necessary and where appropriate, consolidate funds in order to finance the operation of the Charity, and to make payments as appropriate.
Reserves Policy
The trustees retain reserves as necessary and where appropriate, consolidate funds in order to make more substantial grants which they feel to be appropriate.
Plans for future periods
The trustees anticipate that the charity will continue on a similar basis in the foreseeable future subject to satisfactory income and there are no plans for any major changes.
The trustees' annual report and the strategic report were approved on 11 April 2024 and signed on behalf of the board of trustees by:
Mr A M Shelton Trustee
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Care All Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Care All Limited
Year ended 31 July 2023
I report to the trustees on my examination of the financial statements of Care All Limited ('the charity') for the year ended 31 July 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the 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 charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’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 I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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Care All Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Care All Limited (continued)
Year ended 31 July 2023
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Brindley Goldstein Limited Independent Examiner
103 High Street Waltham Cross Herts EN8 7AN
11 April 2024
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Care All Limited
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 July 2023
| 2023 | 2022 | |||
|---|---|---|---|---|
| Unrestricted | ||||
| fundsTotal funds | Total funds | |||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 5 | 790,815 | 790,815 | 793,182 |
| Charitable activities | 6 | – | – | 8,025 |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 790,815 | 790,815 | 801,207 | |
| ================================ | ================================ | ================================ | ||
| Expenditure | ||||
| Expenditure on raising funds: | ||||
| Costs of raising donations and legacies | 7 | 7,880 | 7,880 | – |
| Expenditure on charitable activities | 8,9 | 782,870 | 782,870 | 843,285 |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 790,750 | 790,750 | 843,285 | |
| ================================ | ================================ | ================================ | ||
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net income/(expenditure) and net movement in funds | 65 | 65 | (42,078) | |
| ================================ | ================================ | ================================ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | (9,905) | (9,905) | 32,173 | |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | (9,840) | (9,840) | (9,905) | |
| ================================ | ================================ | ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 13 form part of these financial statements.
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Care All Limited
Company Limited by Guarantee
Statement of Financial Position
31 July 2023
| 2023 | 2022 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Debtors | 14 | 759 | 759 |
| Cash at bank and in hand | 72 | 7 | |
| -------------- | -------------- | ||
| 831 | 766 | ||
| Creditors: amounts falling due within one year | 16 | 10,671 | 10,671 |
| ---------------------------- | ---------------------------- | ||
| Net current liabilities | 9,840 | 9,905 | |
| ----------------------- | ----------------------- | ||
| Total assets less current liabilities | (9,840) | (9,905) | |
| ----------------------- | ----------------------- | ||
| Net liabilities | (9,840) | (9,905) | |
| ======================= | ======================= | ||
| Funds of the charity | |||
| Unrestricted funds | (9,840) | (9,905) | |
| ----------------------- | ----------------------- | ||
| Total charity funds | 17 | (9,840) | (9,905) |
| ======================= | ======================= |
For the year ending 31 July 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 11 April 2024, and are signed on behalf of the board by:
Mr A M Shelton Trustee
The notes on pages 8 to 13 form part of these financial statements.
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Care All Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 July 2023
| 2023 | 2022 | ||
|---|---|---|---|
| Note | £ | £ | |
| Cash flows from operating activities | |||
| Net income/(expenditure) | 65 | (42,078) | |
| Adjustments for: | |||
| Accrued expenses | – | 925 | |
| Changes in: | |||
| Trade and other debtors | – | (759) | |
| -------------- | ---------------------------- | ||
| Cash generated from operations | 65 | (41,912) | |
| -------------- | ---------------------------- | ||
| Net cash from/(used in) operating activities | 65 | (41,912) | |
| ============== | ============================ | ||
| Net increase/(decrease) in cash and cash equivalents | 65 | (41,912) | |
| Cash and cash equivalents at beginning of year | (9,224) | 32,688 | |
| ----------------------- | ---------------------------- | ||
| Cash and cash equivalents at end of year | 15 | (9,159) | (9,224) |
| ======================= | ============================ |
The notes on pages 8 to 13 form part of these financial statements.
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Care All Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 July 2023
1. General information
The charity is a public benefit entity and 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 Flat 10, 125 Clapton Common, London, E5 9AB.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, 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 circumstances. In the process of applying the entity's accounting policies no significant judgements or key sources of estimation were made by management that have any significant effect on the amounts recognised in the financial statements.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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Care All Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
4. Limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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Care All Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
5. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations and gifts | 769,815 | 769,815 | 793,182 | 793,182 |
| Grants | ||||
| Grants receivable | 21,000 | 21,000 | – | – |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 790,815 | 790,815 | 793,182 | 793,182 | |
| ================================ | ================================ | ================================ | ================================ | |
| Charitable activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2023 | Funds | 2022 | |
| £ | £ | £ | £ | |
| Gift Aid Received | – | – | 8,025 | 8,025 |
| ============== | ============== | ======================= | ======================= | |
| Costs of raising donations and legacies | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2023 | Funds | 2022 | |
| £ | £ | £ | £ | |
| Costs of raising donations and | ||||
| legacies - Donations | 7,880 | 7,880 | – | – |
| ======================= | ======================= | ============== | ============== | |
| Expenditure on charitable activities by fund type | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2023 | Funds | 2022 | |
| £ | £ | £ | £ | |
| Charitable activities | 780,225 | 780,225 | 840,186 | 840,186 |
| Support costs | 2,645 | 2,645 | 3,099 | 3,099 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 782,870 | 782,870 | 843,285 | 843,285 | |
| ================================ | ================================ | ================================ | ================================ |
6. Charitable activities
7. Costs of raising donations and legacies
8. Expenditure on charitable activities by fund type
9. Expenditure on charitable activities by activity type
Activities
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Grant funding |
Support | Total funds | Total fund | |
| directly | of activities |
costs | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Charitable activities | 645,180 | 136,250 |
– | 781,430 | 841,845 |
| Governance costs | – | – |
1,440 | 1,440 | 1,440 |
| -------------------------------- | -------------------------------- | ----------------------- | -------------------------------- | -------------------------------- | |
| 645,180 | 136,250 |
1,440 | 782,870 | 843,285 | |
| ================================ | ================================ | ======================= | ================================ | ================================ |
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Care All Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
10. Analysis of support costs
| Analysis of | ||||
|---|---|---|---|---|
| support costs | ||||
| activity 1 | Total 2023 | Total 2022 | ||
| £ | £ | £ | ||
| General office | 1,205 | 1,205 | 1,659 | |
| ======================= | ======================= | ======================= | ||
| 11. | Analysis of grants | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Grants to institutions | ||||
| Grants for carers | 0 | 96,534 | ||
| Grants for education | 0 | 167,092 | ||
| Grants for poverty relief | 102,112 | 103,223 | ||
| Grants for sickness relief | 16,778 | 71,820 | ||
| Grants for support to the disabled | 17,360 | 0 | ||
| -------------------------------- | -------------------------------- | |||
| Total grants | 136,250 | 438,669 | ||
| ================================ | ================================ | |||
| 12. | Independent examination fees | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 1,440 | 1,440 | ||
| ======================= | ======================= |
13. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
No trustees expenses have been incurred.
14. Debtors
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Other debtors | 759 | 759 | |
| ============== | ============== | ||
| 15. | Cash and cash equivalents | ||
| Cash and cash equivalents comprise the following: | |||
| 2023 | 2022 | ||
| £ | £ | ||
| Cash at bank and in hand | 72 | 7 | |
| Bank overdrafts | (9,231) | (9,231) | |
| ----------------------- | ----------------------- | ||
| (9,159) | (9,224) | ||
| ======================= | ======================= |
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Care All Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
16. Creditors: amounts falling due within one year
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts | 9,231 | 9,231 |
| Accruals and deferred income | 1,440 | 1,440 |
| ---------------------------- | ---------------------------- | |
| 10,671 | 10,671 | |
| ============================ | ============================ |
17. Analysis of charitable funds
| Unrestricted funds | ||||
|---|---|---|---|---|
| At | ||||
| 1 | August 202 | At | ||
| 2 | Income | Expenditure | 31 July 2023 | |
| £ | £ | £ | £ | |
| General funds | (9,905) | 790,815 | (790,750) | (9,840) |
| ======================= | ================================ | ================================ | ======================= | |
| At | ||||
| 1 | August 202 | At | ||
| 1 | Income | Expenditure | 31 July 2022 | |
| £ | £ | £ | £ | |
| General funds | 32,173 | 801,207 | (843,285) | (9,905) |
| ============================ | ================================ | ================================ | ======================= | |
| Analysis of net assets between funds | ||||
| Unrestricted | Total Funds | |||
| Funds | 2023 | |||
| £ | £ | |||
| Current assets | 831 | 831 | ||
| Creditors less than 1 year | (10,671) | (10,671) |
||
| ---------------------------- | ---------------------------- | |||
| Net liabilities | (9,840) | (9,840) |
||
| ============================ | ============================ | |||
| Unrestricted | Total Funds | |||
| Funds | 2022 | |||
| £ | £ | |||
| Current assets | 766 | 766 | ||
| Creditors less than 1 year | (10,671) | (10,671) |
||
| ---------------------------- | ---------------------------- | |||
| Net liabilities | (9,905) | (9,905) |
||
| ============================ | ============================ |
18. Analysis of net assets between funds
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Care All Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
19. Analysis of changes in net debt
| At | At | ||
|---|---|---|---|
| 1 Aug 2022 | Cash flows | 31 Jul 2023 | |
| £ | £ | £ | |
| Cash at bank and in hand | 7 | 65 | 72 |
| Bank overdrafts | (9,231) | – | (9,231) |
| ----------------------- | -------------- | ----------------------- | |
| (9,224) | 65 | (9,159) | |
| ======================= | ============== | ======================= |
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