CARERS NOR THUMBERLAND LIMITED IA ccmpany lirnited by guarantee and not havlng a share capital) CHARITY NUMBER 1122972 COMPANY NUMBER 06266972 TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 Richard Alsept Chartered Accountant 16 Burlington Terrace Cardiff CF5 1GG
CARERS NORTHUMBERLAND LIMITED LEGAL AND ADMINISTRATIVE INFORMATION NAME OF CHARITY: Carers Northumberland Limited INCORPORATION: The company was originally incorporated on 4th June 2007 and registered as a charity on 27 February 2008. OFFICERS: (Directors and Trustees) J Danskin- Chair S Cooke A C Arter (resigned 20th July 2023) Countess A De'Travernent (resigned 20th July 2023) D Jack J Birkin-Nicholl (resigned 20th July 2023) V Hodgson P Stonell A Moore P Robertson S Cleave COMPANY SECRETARY: Mrs D Blakey REGISTERED OFFICE: 107 &109 Station Road Ashington Northumberland NE63 8RS INDEPENDENT EXAMINER: Richard Alsept Chartered Accountant 16 Burlington Terrace Cardiff CF5 1GG BANKERS.. CAF Bank 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ
CARERS NORTHUMBERLAND LIMITED CONTENTS Page Trustees Report Independent Examiners Report Statement of Financial Aclivities Balance Sheet 10 Notes to the Financial Statements
CARERS NORTHUMBERLAND LIMITED TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024 Introduction The trustees present their report and the financial statements for the year ended 31 March 2024. The trustees have prepared the annual report and financial statements in accordance with the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in January 2019. STRUCTURE, GOVERNANCE AND MANAGEMENT Governance Carers Northumberland Ltd is a registered charity and a company limited by guarantee. It was incorporated on 4th June 2007 and registered as a charity on 27 February 2008 and its principal activity is providing support for carers throughout Northumberland. Trustees The Trustees are charity trustees for the purpose of charity law and are Directors of the company. One third of the Trustees retire from office together and are eligible for re-election at each Annual General Meeting (AGM) by rotation, so that each and every trustee so retires and is eligible for re-election at every third AGM from the date of their initial election. As between trustees who have been members the same length of time, those due to retire are chosen by lot. The officers of the trustee board for the ensuing year are nominated to and elected (by ballot if necessary) at every AGM. Trustee Induction and Training A Trustee Information Pack is available to potential and new Trustees. Potential Trustees are invited to attend a Trustee meeting to find out more about the workings of the Board and the governance of the charity, after which they may feel better Infomied to make the decision to become a Trustee. New Trustees are introduced to the charity, their legal obligations under charity law. the content of the governing document, the Trustees and the decision-making process, the business plan and financial performance of the charity during an induction period soon after appointment. Trustees are also encouraged to attend appropriate training events that will support effective conduct in their role. Risk Management Where appropriate, policies and procedures or systems have been put in place to mitigate the risks the charity might face. Signtficant extemal risks to funding, and the nature of funding across the Community and Voluntary Sector. have led to the development of a long term strategic plan including the identification of priority activities in relation to income generation. Policies and procedures exist to ensure compliance with health and safety of all staff, volunteers and beneficiaries of the charity. This includes the provision of adequate insurance cover. These policies and procedures are reviewed annually or more frequently, on change of circumstsnces, to ensure that they continue to meet the needs of the charity.
CARERS NORTHUMBERLAND LIMITED OBJECTIVES AND ACTIVITIES Carers Northumberland provides information, advice and support for carers, seeking to ensure equality of opportunity for all sections of the community in its own affairs and in access to facilities provided by the charity. In doing so, the activities adopted by Carers Northumberland to meet those objects include the following: Seeking the views of carers to influence service provision Provision of opportunities for carers to take a break from caring by attending support groups, leisure and skills events Signposting carers to sources of condition-specific or specialist support Provision of an Information Service and dedicated information line for carer enquiries Administration of the Carer Support Fund Working in partnership with other agencies and organisatlons to support carers Supporting the development and delivery of a voice for carers in consultation, policy and service development and delivery in the county Achievement and performance - Operational Review 2023-2024 As of 31 March 2024, there were 7430 carers registered with Carers Northumberland (this includes 690 parent carers and 512 young carers). this is an increase of 270/0 based on the number of carers registered at the end of March 2023. 1118 new adult carers have registered in the period 1 Aprll 23 to 31 March 24, this too is an increase of 8 /0 when compared with the number of new registrations in the same period last year. In 2023-24, 3242 individual carers were supported. an increase of 120/0 from 2885 in 2022-23. Contacts with carers have also increased with 8108 contacts and 13004 actions carried out between 1 April 23 and 31 March 24 compared with 7244 contacts and 11355 actions based on the same period for 2022-23. The average number of registrations per month continues to increase year on year. In 2022-23 the monthly average for new adult carer registrations was 89. In 2023-24 this has increased to an average of 93 new adult carer registrations each month. The Information Service deal with a varied range of queries, the rnajority this year has been around finance, issues related to the ongoing cost-of-living crisis and accessing suitab18 respite to enable carers to take a break. Carers who register are asked to complete a baseline assessment of their needs at the point of registration to ensure that any immediate concerns can be addressed. Carers who register but do not have an immediate concern or query are contacted by a member of the Information Team after two-months to check that they are receiving the newsletter and that they know how to get in contact should they have a query. All carers who register with us and complete the initial baseline are contacted after six months and asked to complete a follow-up evaluation so we can measure how being registered with Carers Northumberland has (or has not) had an impact on their caring role. Where carers have had contact with a member of staff and have been supported with a particular issue a separate feedback form will be completed. 82 baseline reviews have been completed up to 31 March 2024 with positive increases shown for tsking a breakltime of myself. employment, education and training. accessing support and finance. money and benefits. 159 evaluations have been retumed for the same period. As a result of being supported by Carers Northumberland:
CARERS NORTHUMBERLAND LIMITED 97 /0 of carers agreed they know more about their rights as a carer now 960/0 of carers agreed they feel more confident 960/0 of carers agreed they feel more in control 920/0 of carers agreed they feel less lonelylisolated 990/0 of carers agreed they know where to go for advice and support Our social media presence is also key and continues to be a source of information dissemination sought by carers and professionals in many different ways. Between 1 April 2023 and 31 March 2024 our Facebook posts have reached an average of 9000 people per month. Unique visits to the Carers Northumberland website averages 7190 per month which is an increase of 740/0 from the average of 4121 visits in 2022-23. Carers Northumberland continues to administer the Carer Support Fund (CSF) on behalf of the local authority which provides adult carers of adults with an individual grant to enable them to take a break from their caring role, At the end of March 2024 191 carers had applied for CSF and £19,645 had been awarded. Main uses for the fund have been day trips, short breaks, therapies, leisure and exercise activities, crafts and ongoing hobbies and interests. Carers have also been supported by the Information Service to access other one-off grants. These have been via Carers Trust, Northumberland Communities Together, Turn 2 Us and the Family Breaks Fund and have supported carers to access breaks, furniture, driving lessons, moving costs, and white goods. Since July 2023, Carers Northumberland have also been supporting Northumberland County Councll to distribute some of the Household Support Fund budget for 2023-24. The funds are from the UK Govemment via the Department of Work and Pensions and Is to aid households with essential support for food, fuel, energy. and other essential living Gosts. Unpaid carers have been identified as being particularly vulnerable to financial hardship in the current high cost of living climate. One off grants from these funding streams have totalled £31,228 in 2023-24, which is an increase of 16 % in the amount of one-off grants secured for carers compared with 2022-23. From 1 April 23 - 31 March 24, Carers Northumberland have supported carers wlth benefit checks, and subsequent applications, which has resulted in £413,071.78 in annual benefit gains for carers (mainly Attendance Allowance and Carers AlloWan)- This is an increase of 83 % on the amount of annual benefit gains from 2022-23 of £225.395 and the increase has been possible due to some additional capacity within the Information Team and administration. Following a successful pilot scheme in 2020-21 the Information Service continues to offer carers support to complete Lasting Power of Attorney paperwork as part of the Advanced Planning Service. Carers Northumberland have also supported carers to complete an Emergency Care Plan which will help them document important information about the person they care and their usual routine and medication requirements. Regular monthly peer support groups continue in Ponteland, Cramlington, Berwick, Alnwick, Blyth, Ashington, Prudhoe, Morpeth and Hexham. and from April 2023 there has been a monthly online Welcome Group, specifically aimed at newly registered carers to find out what Carers Northumberland can offer and to ask questions. In addition to the regular monthly groups at fixed venues, the Information Team have also had carer catch- ups at different venues across the county, these are usually a meal. and regular carer walks have also taken place at different venues. In August 23, Carers Northumberland organised a trip to Beamish Open Air Museum. for carers of all ages and their families, this
CARERS NORTHUMBERLAND LIMITED was so successful that it will become an annual trip. There have been 1363 attendances at groups, activities, and events during 2023-24. This is an increase of 11 ts/o from 2022-23. The closed Facebook Group now has 470 members, an increase of 28 % from 2022-23. There are currently 17 active volunteers which includes 8 trustees. Since 1 April 23 - 31 March 2024 volunteers have provided 537 hours of volunteering to support the organisation. Blyth, Morpeth, Berwick, Ashington, Alnwick and Ponteland groups are currently supported by one of our volunteer Group Hosts. At the AGM in July 2023, three long-standing trustees stepped down, Julie Birkin-Nicholl, Angela De'Travernent and Anne Arter. Julie Danskin was elected as Chair for a second year. Training for carers- there has been a programme of regular carer workshops through the year being delivered both remotely via Zoom and in-person. 164 carers have attended training sessions this year, on Carer Resources, Managing Guilt, Journalling, Mindfulness, and Planning for the Future Training for professionals- Carers Northumberland offer training to professionals around carer awareness and identification. This is delivered remotely and in-person. CNTW have an ongoing commitment to offer carer awareness and identification training to all their staff. This training is co-delivered with CNTW staff and carers. An ongoing programme of carer awareness and identification training is also available to social care and primary health care professionals. 599 professionals have attended carer awareness training since April 2023, a significant increase in comparison with 238 attendances in 2022-23. Carers Northumberland are currently contracted by Northumberland County Council's Children's Service to deliver 8 Young Carer Service. There are 512 young carers registered with the service to 31 March 2024 with 189 new registrations since 1 April 23. This is an increase of 46.50/0 compared with 2022-23. Support for young carers is a mixture of intensive one to one support for those young carers who are struggling with their caring role as well as opportunities for young carers to access other means of support to take a break and get involved In other activities such as an annual Active Northumberland Leisure Pass and the Young Carer Support Fund to provide financial support to access a break from their caring role. Young carer activities have continued thanks to a generous individual donation. Young carers have enjoyed a programme of activities, events and trip throughout the year with a mix of online and in-person sessions including, craft, cookery, ice skating, golf, cinema, bowling and much more. A comprehensive School Offer has been put together which offers schools the support needed to implement the recommendations made in the Supporting Young Carers in Schools Toolkit which was rolled out to all schools in Northumberland in March 2022. The aim of the School Offer is to provide schools with support to identify and support young carers. The overall aim is to encourage schools to implement useful changes to support young carers in education and this will be rewarded with a Recognition of Excellence in Supporting Young Carers Award from Carers Northumberland which is split into gold, silver and bronze categories. There are 54 schools taking part in the offer as of 31 March 2024. 5 schools have achieved the gold award. with a further 13 schools who are at bronze or silver level. Young Carer Awareness training has been delivered throughout the year to both local authority staff and school staff, with 561 professionals receiving this training during 2023-24. During 2023-24, over 6,000 pupils have benefited from dedicated Young Carer Awareness assemblies at schools across the county.
CARERS NORTHUMBERLAND LIMITED Carers Northumberland are also supporting parent carers {caring for a child under 18 with additional needs) as the number registering has Gontinued to increase. There are 690 parent carers currently registered, and as a result of the rising numbers, additional funding for parent carer work has been agreed by Northumberland County Council via the current Children's Services contract. Ongoing work with CNTW. the mental health foundation trust that covers the county, has enabled Carers Northurnberland to secure some additional core funding to support the Older People's Pathway. Since April 2022 there have been 508 referrals directly from this pathway. CNTW have confirmed that funding will continue for this until 31 March 2025. In May 2023. Carers Northumberland successfully achieved the Improving Quality Foundation Level Standard. This was a requirement of Carer Trust membership and is also an opportunity to be recognised for the quality of service that is provided. The award lasts for three years. In October 2023, the Trustee Board, staff, and volunteers, held an away day where they reviewed and refreshed the charity's Business Plan. The result was a new Strategic Plan for 2024-2029 which focuses on more carer identification, more carer awareness, and increasing the capacity of the team to respond to increased demand for seNices. FINANCIAL REVIEW The charity remains grateful for the help and support given by government agencies, charitable trusts, private donations, and other sources. For the year ended 31 March 2024. the Charity is pleased to report an increase in overall total income to £459,497 (2023.. £406,795). The increased income was mainly due to increased funding for Care Projects including the Information Service and support & activities for Young Carers. Income also includes the Household Support Fund {£75,000) which the charity manages on behalf of Northumberland County Council. The charity continued to effectively monitor and control all costs. Total costs did increase in the year to £404,470 {2023: £393,695), this increase being largely due to the increases in staff costs. The Charity was able to report a surplus for the year of £55,027 (2023: £13,100). Of this surplus, the corelunrestricted funds surplus was £6,780, representing an overall position of slightly better than break-even with respect to the charity's core budget. The balan relates to funds held in restricted reserves. Cash balances as at 319t March 2024 were £316,780 (2023: £300.697), representing a small increase in the year. Of this balance, £66,968 was held in respect of restricled funds, including the Household Support Fund balance of £61,258. Deferred income at 31 st March 2024 was £28,810, representing funds received or applied for in 2023124, but with the money to be applied to activities in the 2024125 year. Overall reserves increased to £296,572 at the year end, of which £66,968 was restricted. leaving £229,604 for core unrestricted activities. Grant Making Policy The Charity does not make grants but administers the Household Support Fund on behalf of NCC, Carer Support Fund on behalf of Northumberland Couty Council - Adult Services,
CARERS NORTHUMBERLAND LIMITED and the Young Carer Support Fund on behalf of Northumberland County Council Children's Services. Investment Policy The charity holds no investments and as such has no investrnent policy, Reserves Policy The Trustees aim to have a combined unrestricted reserve of a mlnlmum of 3 months, operating costs, plus closure costs. This figure has been identified following consideration of the main financial risks to the charity. The strategy is to continue to build reseNes through economies of scale wherever possible. The Trustees have supported expansion of operations, supported by a sound business case and regular review and in line with our aim to maintain healthy reserves. This policy is currently met. Risk Management As part of the charity's business plan development, an assessment was undertaken as to the risks the Trust is exposed to. The charity has taken a proactive stance to reduce its overall reliance on extemal funding and to develop a porffollo of funders to further reduce the impaGt any one funding stream may incur. A major part of the charity's partnership working is to keep the charity abreast of any strategic, political or le9al changes that could impact upon it. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, cllents and visitors to the centre. These procedures are per5odically reviewed to ensure that they continue to meet the needs of the charity. Statement of Trustees. Responsibilltles Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including Income and expenditure, for the financial year; in preparing those financial statements, the Trustees should follow best practice and.. select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent. and prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will continue on that basis. The Tnjstees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection or fraud and other irregularities.
CARERS NORTHUMBERLAND LIMITED Responslbilities of the Trustees Trustees, who are directors for the purpose of company law. and trustees for the purpose of charity law, who seNed during the year and up to the date of this report are set out under Legal and Administrative Infomation. In accordance with company law, as the company's directors. we certify that: so far as we are aware, there is no relevant information of which the company's accountants are unaware; and as the directors of the company, we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant accounts information and to establish that the Charity's aGcountants are aware of that information. This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in January 2019) and in accordance with the special provisions of the Companies Act 2006 relating to small entities. Approved by the Trustees on 15th August 2024 and signed on their behalf by: J Danskin, Director and Chair of Trustees
CARERS NORTHUMBERLAND LIMITED INDEPENDENT EXAMINERS REPORT ON THE UNAUDITED FINANCIAL STATEMENTS TO THE TRUSTEES OF CARERS NORTHUMBERLAND LIMITED. I report to the Charity Trustees on my examination of the accounts of The Trust for the year ended 31 March 2024, which are set out on pages 9 to 17. Re8pon8ibilities and basis of report The trustees, who are also the directors of Carers Northumberland Limited {'the Company,) for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,), Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your 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 Direction5 given by the Charity Commission under section 145{5)(b) of the 2011 Act. Indèpandont examlner's ststement Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in Section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, 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 my examination giving me cause to believe: (1) accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or (2) the accounts do not accord with those records; or (3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than the requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an Independent Examination", and (4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK (FRS102)). I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. Richard Alsept A.C.A, Chartered Accountant 16 Burlington Terrace Cardiff CF5 1GG 15th August 2024
CARERS NORTHUMBERLAND LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2024 Total yle 31 March 2024 Total yle 31 March 2023 Unrestricted Funds Restrlcted Funds Note INCOME Donationslfundraising Charitable activities 33,022 288,715 33,022 417,335 21,899 382,178 128,620 Investment income.. Interest received 9,140 9,140 2,718 Total Income 330,877 128 620 459,497 406 795 EXPENDITURE Charitable activities 324,097 80,373 404,470 393,695 Total Expenditure 324,097 404,470 393 695 Net Incomel{expenditure) 6,780 48,247 55,027 Net Movement in Funds 6,780 48,247 55,027 13,100 Reconciliation in funds: Fund balances brought forward 222,824 18.721 241,545 228,445 Fund balances carried forward 229,604 66,968 296,572 241,545 The statement of financial activities includes all gains and losses in the year I period. All incoming resources and resources expended derive frorn continuing charitable activities.
CARERS NORTHUMBERLAND LIMITED BALANCE SHEET AS AT 31 March 2024 March 2024 March 2023 Notes FIXED ASSETS CURRENT ASSETS Debtors Cash at bank and in hand 16,280 316,780 333.060 5,000 300.697 305,697 CURRENT LIABILITIES Amounts falling due within one year (36,488) (64,152) Net Current Assets 296,572 241,545 NET ASSETS 296,572 241,545 Restricted Funds Unrestricted Funds 10 66.968 229,604 18,721 222,824 TOTAL CHARITY FUNDS 296 572 241,545 For the financial year ended 31 March 2024, the Company was entitled to exemption from audit under section 477{1) of the Companies Act 2006. and no notice has been deposited under section 476(1) requesting an audit. The trustees acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and preparing accounts which give a true and fair view of Ihe state of affairs of the company as at the end of the year and of its profit or loss for the financial year in accordance with the requirements of section 394 and which otherwise Comply with the Companies Act 2006. so far as applicable to the company. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime under the Companies Act 2006 and with the provisions of Financial Reporting Standard 102. Section 1 a for Small Entities (effective January 2015). Approved by the Board on 151h August 2024 and signed on its behalf by: J Danskin, Director S Cooke. Director 10
CARERS NORTHUMBERLAND LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 March 2024 ACCOUNTING POLICIES The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year. Basis of accounting The company is a charitable company, limited by guarantee, incorporated in England. The charity constitutes a public benefit entity as defined by FRS 102. The address of the registered office is: 107 & 109 Station Road, Ashington Northumberland NE63 8RS These financial statements were authorised for issue by the Board on 15th August 2024. The financial statements are prepared under the historical cost convention and in accordance with the provisions of Financial Reporting Standard 102, Section 1 a Small Entities, and the Charity Statement of Recommended Practice, (Charities SORP (FRS 102) 2019), as well as the Charities Act 2011. Fund accountlng Unrestricted funds are incoming resources received or generated for charitable purposes. They are available for use at the discretion of the trustees in the furtherance of the general objectives of the charity. Restricted funds can only be applied for a particular purpose as defined within their objects. Income All income is included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Income which is received by way of grants, donations and glfts to the charity is included in full in the Statement of Financial Activities upon receipt. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are reco9nised when the charity becomes unconditionally entitled to the grant. Bank interest and other investment income is included when receivable. Income from charitable activities are derived from contracts and service agreements and are accounted for as the charity earns the right to consideration by its perfomiance. Expenditure Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes unrecoverable VAT. Costs of generating funds comprise the costs associated with attracting voluntary income.
CARERS NORTHUMBERLAND LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 March 2024 Operation and development of the charity includes all costs incurred by the charity in the delivery of its activities and services. Govemance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include accountancy fees. Fixed assets Fixed assets are stated at cost less accumulated depreciation. All items with a useful life of more than one year are capitalised. Depreciation is provided at rates calculated to write off the cost of an asset. less its estimated residual value. over the useful economic life of that asset as follows: Office Equipment Office Fixtures and Fittings 25 % reducing balance 25 % reducing balance f. Cash and cash equivalerlts Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. g. Trade debtors Trade debtors are amounts due from funders for merchandise sold or services perfomed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original temis of the receivables. h. Trade creditors Trade dItorS are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional rtght, at the end of the reporting period, to defer settlement of the creditor for at least e1ve months after the reporting date. If there is an unconditional right to defer settlement for at least e1ve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Leasing Rentals payable under operating leases are charged against income on a straight- line basis over the lease term. j. Pensions The Project operates a defined contributions pension scheme. Contributions are charged in the accounts as they become payable in accordance with the rules of the scheme. 12
CARERS NORTHUMBERLAND LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 March 2024 Tangible Fixed Assets Website Office Equipment Fixtures & Fittings Total Cost As at 1 April 2023 6,000 30,011 6,584 42,595 Additions As at 31 March 2024 6,000 42,595 Depreciation As at 1 April 2023 6,000 30,011 6,584 42,595 Charge for year As at 31 March 2024 30,011 6,584 42,595 Net book value At 31 March 2024 At 31 March 2023 13
CARERS NORTHUMBERLAND LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 March 2024 Income Unrestricted Restricted Total yle Total yle 31 Funds Funds 31 March March 2023 2024 Donations and Fundraising 33,022 33.022 21,899 Chantable activities Local Authority grants Other care grants Other income Grants r8paidlrepayable Project income 172,690 99,487 13,398 172,690 128,620 228,107 13,398 172,300 67,040 8,297 (21,625) 156,166 404,077 3,140 321,737 3,140 128.620 450,357 Interest recelvable Bank interest receivable 9,140 9,140 9,140 9,140 2,718 2,718 Total 330,877 128 620 459 497 406 795 14
CARERS NORTHUMBERLAND LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 March 2024 Expenditure Unrestricted Funds Restricted Funds Total Total yle yle 31 31 March March 2023 2024 Charitable Activities.. Service Delivery Manager Training Co-ordinator CNTW (Information Service) Central Office Carers Support Fund Carers Return to Work Young Carers Support Young Carers Activity Information Service Parent Carer Support Carers Trust Grants Household Support Fund Young Carer Support Fund Projects l (Other) Depreciation 41,581 41.581 34,080 12,372 58,841 80,103 20,870 25,179 57,132 30,289 58,841 1,644 3,765 17,159 17,159 94,942 19,145 94,942 19,145 53,507 26,678 104,626 1.774 1,767 55,281 28,445 104,626 6,180 6,180 13,742 13,742 20,166 20,166 440 640 200 8,483 28 391,627 321,534 80,373 401,907 Governance Trustee meetings and charity management Professional fees 1,763 800 2,563 1,763 800 2,563 1,268 800 2,068 Total 324,097 80.373 404,470 393,695 Debtors 31 March 2024 31 March 2023 Trade Debtors Prepayments 16,310 (30) 5,000 Total 16,280 5,000 15
CARERS NORTHUMBERLAND LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 March 2024 Creditors: amounts falling due within one year 31 March 2024 31 March 2023 PAYE and NIC Creditors & accruals Deferred grants 5,622 2,056 28,810 4.612 29,959 29,581 Total 64,152 Staff costs and numbers During the financial period the company had an average of 10 FTE employees, and thelr remuneration was made up as follows: 2024 Salary and wages National Insuran costs Employer pension costs 245,877 21,782 9,078 Total 276,737 No employee received emoluments of more than £60,000. Analysis of net assets between funds Unrestrlcted Funds Restricted Funds Total Tangible Fixed Assets Current Assets Creditors I deferred income 266,092 {36,488) 66,968 333,060 (36.488) Total 229,604 66.968 296.572 16
CARERS NORTHUMBERLAND LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 March 2024 9. Remuneration of management committee Trustees received expenses payments of £67 (2023: £216) associated with the cost of attending meetings of the charity in the financial year ended 31 March 2024. 10. Restrlcted Funds Balanco 1 April 2023 Incoming Resources Resources Balance Expended 31 March and 2024 transfers Carers Trust Grants Carer Information Service Household Support Fund Eat, Sleep, Play, Leam Fund Carers Support Fund Young Carers Support Fund Young Carers Support Young Carers Activity 6,180 17,000 75,000 440 20,000 10,000 6,180 17,159 13,742 440 19,145 20,166 1,774 1,767 80,373 159 61,258 1,221 13,800 1,774 1,767 18,721 2,076 3,634 128 620 66,968 17