REGISTERED COMPANY NUMBER: 06629868 (England and Wales) REGISTERED CHARITY NUMBER: 1126380
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
TRINITY CARE AND SUPPORT
Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
TRINITY CARE AND SUPPORT
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 16 |
| Detailed Statement of Financial Activities | 17 | to | 18 |
TRINITY CARE AND SUPPORT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 trustee report includes the directors' report as required by company law.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To relieve and assist carers who live in the County Borough of Bridgend by providing support to Individuals to access social and leisure opportunities in their local and wider communities. Within our Activity Clubs we provide a safe and caring environment which enables individuals to develop new and improve existing skills by engaging in a variety of activities and workshops. Trinity Care & Support (TC&S) work in partnership with other organisations and use local facilities in their near and wider communities, promoting inclusion as equal and valued citizens; to support individuals in broadening their experience and extending their life skills, enhancing their quality of life and promoting health and well-being. The organisation is currently on the Bridgend County Borough Council list of providers to provide a respite/support service to Individuals with a learning disability, and their Carers.
Public benefit
The Trustees are aware that the Charity has a responsibility under the Charities Act to demonstrate that it has charitable aims that meet the public benefit requirement and are therefore charitable. The Trustees confirm that they have had regard to the Charity Commission's guidance on public benefit and comply with s17 Charities Act 2011 in respect of having due regard to public benefit when considering, planning and implementing the activities of the charity.
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TRINITY CARE AND SUPPORT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
Financial position
The Charity has had a more stable year with similar expenditure for fixed costs & wages totalling K£269 - while income rose by K£12 on the previous year, resulting in an overall gain of K£8.6 for this financial year ending 31/03/2024 This reported gain was welcomed as our financial package was giving unusual expenditures caused when wages were entered into QB until the accountants reconciled our accounts. The direction of TCS operations continues towards more domiciliary care as per our BCBC contract. TCS has several fixed costs from monthly packages to run the business and to run TCS day operations efficiently. A significant grant of K£5 was received after making an application to the Homfray trust.
Income
Income was up by K£12 on 2022/23 levels (K£266), also boosted by the large one-off grant as above. Private client rates were being reviewed at the end of the year, BCBC indicated that the hourly rate would be increased and will continue to be closely monitored to see if changes are required in 2023/24.
Trinity's Rest caravan operated through 2023/24 giving a better income of K£13.3 (Parkdean fees and repairs amounted to K£8.2, giving a surplus in 23/24 of K£5.1). NB In 2022/23 as TCS took a decision to follow up a request from local councils with a project to assist families in need, displacing full price rate rentals through the site owner when not required by TCS, hence lower income in 22/23 K£6.5.
Bank interest rates have improved giving a better interest return in 23/24.
There have been no other major sources of income.
Debtors
Debts are always present and levels fluctuate throughout the year but are closely monitored and payments chased, but on a positive note the year end trade were lower by K£10 at the end of this period totalling K£26.
Debtors' amounts can be at times significant; a small amount of bad debt was written off during 23/24.
The cash level at the bank is improved by K£24.
The club at Tondu did not operate again this year - no financial effect.
Expenditure
Total expenditure for the financial year was K£269 with employment costs being, as usual, the largest item - there were no unusual large spend items.
As a wage uplift was being scheduled for 01/01/24, consideration of the award was made taking note of the planned imminent Real Living Wage increase announced by the government for the same date. The effect of various wage rise scenarios on the annual bill were reviewed and balanced with the potential rise in hourly rates indicated by BCBC after budget deliberations; private rates (in comparison with other local providers) were reviewed and increased.
To assist day staff with the increased demands of staff organisation involved in domiciliary care rota planning, management continued with Care Planner, a software monitoring system. Engagement with Peninsula (HR & HS specialist for expert advice & involvement) and e-learning package (to keep our staff up to date with necessary modules) both continue. Supplier of e-learning package to be reviewed soon for cost and training needs effectiveness.
Reserves Policy
A draft policy has been constructed by TCS for review by the accountants, as advice is needed on amounts to be stated in the Table of Reserves. The board financial report now includes reference to our Reserves Policy & current situation. The main use of reserves has been to aid cash flow when the current account is low at payday time due to high amounts invoiced to one client but awaiting payment.
In conclusion
The slight increase in expenditure was more than met by a larger income increase in 2023/24. Reserves are, therefore, up and continue to be healthy.
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TRINITY CARE AND SUPPORT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Looking forward, the wage award made for 01/01/24 year has been funded by uplifts in BCBC hourly rates & private rate. No major items of spend are planned
Derek Hemfrey Treasurer
Reserves policy
At present, the charity has no formal reserve policy, but as noted above, a reserves policy is being prepared by the trustees and will be completed very shortly..
Free reserves at 31/03/2024 were £107,117 (2023: £102,103).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
New Trustees must be interviewed by the current Board of Trustees, and if appointed are informed of their legal obligations under charity law, the decision-making process and the business plan and recent financial performance of the charity. The charity aims to recruit people who can offer a range of skills.
Organisational structure
Trustees are appointed by the board of trustees and serve for two years after which period they may put themselves forward for re-appointment. The trustees meet bi-monthly. The charity is governed by a Constitution adopted December 1994.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
06629868 (England and Wales)
Registered Charity number
1126380
Registered office
Trinity Church John Street Porthcawl Bridgend CF36 3DT
Trustees
D J Hemfrey Treasurer Ms J J Rowlands Rev G W Sollis Chair Ms H S Williams Ms M A Wass Mrs J Parish E D Griffiths (appointed 19.7.23)
Registered manager: Nicola Berriman (from 8th January 2024)
Company Secretary
Ms J L F Shirley
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TRINITY CARE AND SUPPORT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
R.I. Knoyle ACA FCCA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Rev G W Sollis - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINITY CARE AND SUPPORT
Independent examiner's report to the trustees of Trinity Care And Support ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 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 Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I 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 the examination giving me cause to believe:
-
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
-
the accounts 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 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 accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
R.I. Knoyle ACA FCCA The Institute of Chartered Accountants in England and Wales
Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
Date: .............................................
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TRINITY CARE AND SUPPORT
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 2,747 Other trading activities 4 267,146 Investment income 5 2,386 Other income 374 Total 272,653 EXPENDITURE ON Charitable activities 6 Training and Care Activities 264,093 NET INCOME/(EXPENDITURE) 8,560 RECONCILIATION OF FUNDS Total funds brought forward 145,050 TOTAL FUNDS CARRIED FORWARD 153,610 |
Restricted funds £ 5,000 - - - 5,000 5,000 - - - |
2024 Total funds £ 7,747 267,146 2,386 374 277,653 269,093 8,560 145,050 153,610 |
2023 Total funds £ 26,128 235,938 919 3,363 266,348 266,849 (501) 145,551 145,050 |
|---|---|---|---|
The notes form part of these financial statements
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TRINITY CARE AND SUPPORT
BALANCE SHEET
31 MARCH 2024
| Notes FIXED ASSETS Tangible assets 13 CURRENT ASSETS Debtors 14 Cash at bank CREDITORS Amounts falling due within one year 15 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 17 Unrestricted funds TOTAL FUNDS |
2024 £ 4,021 44,692 133,271 177,963 (28,374) 149,589 153,610 153,610 153,610 153,610 |
2023 £ 5,587 48,530 108,594 157,124 (17,661) 139,463 145,050 145,050 145,050 145,050 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. G W Sollis - Trustee
The notes form part of these financial statements
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. GENERAL INFORMATION
The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The directors are the trustees and they form a board of trustees which sets the strategic direction of the charity and monitors the performance of the charity against its goals. The aims and objectives and rules for governance are set out in the Memorandum and Articles of Association.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through income or expenditure.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
The following specific policies are applied to particular categories of income:
Voluntary 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.
Legacy income is recognised when receipt is probable and entitlement is established.
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.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
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.
Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
2. ACCOUNTING POLICIES - continued
Expenditure
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
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Caravan - 25% on reducing balance Equipment - 25% on reducing balance
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
The charity complies with the auto-enrolment regime, buy operating a pension scheme with Now Pensions. Contributions are recognised as an expense in the period in which they fall due.
Going concern
There are no material uncertainties about the charity's ability to continue. The trustees have considered the anticipated income and their expected costs for the forthcoming twelve months and are confident they have sufficient cashflow reserves to meet all liabilities as they fall due.
For this reason, the trustees continue to adopt the going concern basis for preparing the financial statements.
continued...
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
3. DONATIONS AND LEGACIES
| Donations Grants Grants received, included in the above, are as follows: Caravan Grant WG Covid Grants WG Carers Grant Mary Homfray Charitable Trust 4. OTHER TRADING ACTIVITIES Caravan Hire TCC Craft Club Private Sitting Rental Income 5. INVESTMENT INCOME Deposit account interest 6. CHARITABLE ACTIVITIES COSTS Training and Care Activities |
Direct Costs £ 246,926 |
2024 £ 300 7,447 7,747 2024 £ 2,447 - - 5,000 7,447 2024 £ 13,262 1,423 252,461 - 267,146 2024 £ 2,386 Support costs (see note 7) £ 22,167 |
2023 £ 700 25,428 26,128 2023 £ 2,447 3,507 19,474 - 25,428 2023 £ 6,527 569 228,161 681 235,938 2023 £ 919 Totals £ 269,093 |
|---|---|---|---|
continued...
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
7. SUPPORT COSTS
| 7. | SUPPORT COSTS | SUPPORT COSTS | |||
|---|---|---|---|---|---|
| Information | Governance | ||||
| technology | Other | costs | Totals | ||
| £ | £ | £ | £ | ||
| Training and Care Activities | 2,054 | 13,689 | 6,424 | 22,167 | |
| Support costs, included in the above, are as follows: | |||||
| Communications & IT | 2024 Training and Care Activities £ 2,054 |
2023 Total activities £ 2,397 |
|||
| Insurance | 3,885 | 3,391 | |||
| Sundries | - | 433 | |||
| General office costs | 78 | 1,403 | |||
| Premises costs | 8,160 | 6,402 | |||
| Depreciation of tangible fixed assets | 1,566 | 1,919 | |||
| Independent examiners' remuneration | 2,190 | 1,890 | |||
| Legal & professional fees | 4,234 | 4,234 | |||
| 22,167 | 22,069 | ||||
| 8. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) is stated after charging/(crediting): | |||||
| Depreciation - owned assets | 2024 £ 1,566 |
2023 £ 1,919 |
|||
| 9. | INDEPENDENT EXAMINERS' REMUNERATION | ||||
| Fees payable to the charity's auditors for the audit of | the charity's | financial | 2024 £ |
2023 £ |
|
| statements | 2,190 | 1,890 |
Amounts payable to Independent Examiners in relation to software licences were £288 (2023: £288).
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
11. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Administration staff Operational staff |
2024 £ 212,030 6,642 2,947 221,619 2024 3 14 17 |
2023 £ 214,730 8,562 4,843 228,135 2023 3 14 17 |
||
|---|---|---|---|---|
No employees received emoluments in excess of £60,000.
There are no high paid staff.
Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £34,916 (2023: £38,230).
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 26,128 Other trading activities 235,938 Investment income 919 Other income 3,363 Total 266,348 EXPENDITURE ON Charitable activities Training and Care Activities 266,849 NET INCOME/(EXPENDITURE) (501) RECONCILIATION OF FUNDS Total funds brought forward 145,551 TOTAL FUNDS CARRIED FORWARD 145,050 |
Restricted funds £ - - - - - - - - - |
Total funds £ 26,128 235,938 919 3,363 266,348 266,849 (501) 145,551 145,050 |
|---|---|---|
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
| 13. TANGIBLE FIXED ASSETS Caravan Equipment £ £ COST At 1 April 2023 and 31 March 2024 50,747 3,276 DEPRECIATION At 1 April 2023 45,385 3,051 Charge for year 1,341 225 At 31 March 2024 46,726 3,276 NET BOOK VALUE At 31 March 2024 4,021 - At 31 March 2023 5,362 225 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Trade debtors 26,456 Pension Control Account 1,912 Prepayments 1,357 Other Debtors 14,967 44,692 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Social security and other taxes 8,577 Other creditors and accruals 2,040 Net Wages Control Account 15,310 Deferred Income 2,447 28,374 |
Totals £ 54,023 48,436 1,566 50,002 4,021 5,587 2023 £ 36,196 729 1,172 10,433 48,530 2023 £ 9,261 3,506 - 4,894 17,661 |
|---|---|
Deferred Income
Deferred income represents income received from contributing agencies where the contribution was restricted to a fixed time period project which extends beyond the current financial year. Income is deferred on the basis that the contribution was to the project as a whole, the time period of the project was fully disclosed to the contributing agencies and that time period is certain.
| The deferred income carried forward is analysed as follows: Opening balance Movement in the year Deferred income carried forward Deferred income analysed by project: Unrestricted - Grant for Caravan |
2024 £ 4,894 (2,447) 2,447 2024 £ 2,447 |
2023 £ 7,341 (2,447) 4,894 2023 £ 4,894 |
|---|---|---|
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted funds £ Fixed assets 4,021 Current assets 177,963 Current liabilities (28,374) 153,610 17. MOVEMENT IN FUNDS At 1/4/23 £ Unrestricted funds General fund 102,103 Designated Fund 42,947 145,050 TOTAL FUNDS 145,050 Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Mary Homfray Grant TOTAL FUNDS |
Restricted funds £ - - - - Net movement in funds £ 8,560 - 8,560 8,560 Incoming resources £ 272,653 5,000 277,653 |
2024 2023 Total Total funds funds £ £ 4,021 5,587 177,963 157,124 (28,374) (17,661) 153,610 145,050 Transfers between At funds 31/3/24 £ £ (3,546) 107,117 3,546 46,493 - 153,610 - 153,610 Resources Movemen expended in funds £ £ (264,093) 8,560 (5,000) - (269,093) 8,560 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Designated Fund TOTAL FUNDS |
At 1/4/22 £ 100,566 44,985 145,551 145,551 |
Net movement in funds £ (501) - (501) (501) |
Transfers between funds £ 2,038 (2,038) - - |
At 31/3/23 £ 102,103 42,947 145,050 145,050 |
|---|---|---|---|---|
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
17. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 266,348 266,348 |
Resources Movement expended in funds £ £ (266,849) (501) (266,849) (501) |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated Fund TOTAL FUNDS |
At 1/4/22 £ 100,566 44,985 145,551 145,551 |
Net movement in funds £ 8,059 - 8,059 8,059 |
Transfers between funds £ (1,508) 1,508 - - |
At 31/3/24 £ 107,117 46,493 153,610 153,610 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Mary Homfray Grant TOTAL FUNDS Analysis of Designated Funds |
Incoming resources £ 539,001 5,000 544,001 |
Incoming resources £ 539,001 5,000 544,001 |
Resources Movement expended in funds £ £ (530,942) 8,059 (5,000) - (535,942) 8,059 |
Resources Movement expended in funds £ £ (530,942) 8,059 (5,000) - (535,942) 8,059 |
Resources Movement expended in funds £ £ (530,942) 8,059 (5,000) - (535,942) 8,059 |
|---|---|---|---|---|---|
| Funds set aside for write down of fixed assets Funds set aside from caravan rental surplus Designated funds |
2024 £ 4,021 42,472 46,493 |
2023 £ 5,587 37,360 42,947 |
Surpluses generated from the caravan hire have been set aside to assist with the purchase of a replacement caravan in future years.
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TRINITY CARE AND SUPPORT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
18. EMPLOYEE BENEFIT OBLIGATIONS
The amount recognised as an expense in relation to defined contribution plans was £2,947. At the 31st March 2024 there was a pension debtor of £1,912 (2023: £729).
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
20. CONTROL
The Charity is controlled by its directors/trustees.
21. GIFTS IN KIND
Volunteer time
The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them. The number of hours contributed by volunteers in the year was 310 (2023: 80).
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TRINITY CARE AND SUPPORT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Other trading activities Caravan Hire TCC Craft Club Private Sitting Rental Income Investment income Deposit account interest Other income Other income Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Other costs Bad debts Support costs Information technology Communications & IT Other Insurance Sundries General office costs Premises costs Plant and machinery Governance costs Independent examiners' remuneration Carried forward |
2024 £ 300 7,447 7,747 13,262 1,423 252,461 - 267,146 2,386 374 277,653 212,030 6,642 2,947 21,894 3,413 246,926 2,054 3,885 - 78 8,160 1,566 13,689 2,190 2,190 |
2023 £ 700 25,428 26,128 6,527 569 228,161 681 235,938 919 3,363 266,348 214,730 8,562 4,843 16,645 - 244,780 2,397 3,391 433 1,403 6,402 1,919 13,548 1,890 1,890 |
|---|---|---|
This page does not form part of the statutory financial statements
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TRINITY CARE AND SUPPORT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| Governance costs Brought forward Legal & professional fees Total resources expended Net income/(expenditure) |
2024 £ 2,190 4,234 6,424 269,093 8,560 |
2023 £ 1,890 4,234 6,124 266,849 (501) |
|---|---|---|
This page does not form part of the statutory financial statements
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