**REGISTERED COMPANY NUMBER: 06868025 (England and Wales) REGISTERED CHARITY NUMBER: 1130262**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
**FOR**
## **NEATH PORT TALBOT CARERS SERVICE LTD**
Bevan Buckland LLP Chartered Accountants Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA
**NEATH PORT TALBOT CARERS SERVICE LTD**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 5|
|**Independent Examiner's Report**|6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8|
|**Notes to the Financial Statements**|9 to 19|
|**Detailed Statement of Financial Activities**|20 to 21|
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
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 2025. 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).
Page 1
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **OBJECTIVES AND ACTIVITIES**
## **Objectives**
The object for which the charity is established is the relief of poverty, sickness and distress among carers in particular but not exclusively through the provision of advice, information and support in Neath Port Talbot. The charity confirms it has referred to the guidance contained in the charities Commission general guidance on public benefit when reviewing the charities aims and objectives in planning future activities.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
## **Achievements and Performance**
The main area of charitable activity is to provide advice, information and support to carers in Neath Port Talbot. The charity activities deliver public benefit under the following service areas:
## **1. Telephone Service/Contact with Clients and Organisations for Support**
The total number of "contacts" with carers from 1st April 2024 to 31st March 2025 was 4,915. This contact with carers was via telephone and/or face to face.
## **2. Identifying Carers**
The total number of new carers identified and requesting ongoing information from 1st April 2024- 31st March 2025 was 424.
## **3. Benefit Entitlement Support / Carers Rights**
NPT Carers Service staff have supported carers with information regarding benefit entitlements and carers rights. Home visits to assist carers with benefit forms for Carer Allowance, Attendance Allowance and Attendance Allowance upgrades as well as Carers Assessments continued as well as advice over the telephone.
## **4. Home Visits and Outreach**
95 home visits were completed by the end of March 2025.
## **5. Outreach in the Community and Events**
Information/Outreach and Raising Awareness sessions were held in a number of venues. The following are examples (but not limited to) of various outreach:
## **121 Outreach Sessions**
Port Talbot Resource centre x2 Briton Ferry Health centre Glyncorrwg Health centre Dulais Valley Practice centre Children's Disability team NPT Civic Centre Llangatwg children's team NPT civic centre Tammy Williams Coed Franc primaryschool: parent Jac Lewis Foundation Wellbeing Day at Swansea.com engagement Demi Johnson Circus Starr Thrive coffee morning Hwb les Men's shed Pontardawe Wellbeing event seven sisters Chai & chat neath library Carers Christmas Party Dementia Café's - St Theodore's every Tuesday A showcase of Llais events Swansea.com NHS & carers support. Staff Wellbeing Day at Morriston Hospital. Freshers Event- Neath College. Stroke Talk/ Information session. Baglan RFC/ Wellbeing Day. Port Talbot resource Centre. Bulldogs - Port Talbot. Family Fun Day - Neath Sports Centre. In it Together - Gathering Place, Neath. Swansea Parent Carer Forum - Swansea. ASD Meeting with Professionals at Port Talbot Resource Llangatwg community practice network cluster meeting. centre. Abbey Primary EYAC Coffee morning with Parents. Awel Y Mor Coffee morning. Dementia coffee afternoon for adult learning weekNeath Library. Short Breaks Conference - Cardiff Annual general meeting - neath The stroke association Riverside Surgery Mount Surgery Cwmavon Health Centre Water Street Surgery Rosedale Surgery Fairfield Surgery NPT Hospital Tonna Hospital GCG Surgery LLangatwg cluster meeting NPT Working Carers Coffee Drop in Neath Leisure Centre Chai and Chat Port Talbot Library Ysgol Maes Y Coed Christmas Fayre Abbey Primary School meeting with Parent Carers West Glamorgan Dementia Strategy Engagement discussion Older Persons Network meeting Cwmgwrach pop up coffee morning Christmas Fair at Tonna Hospital Swansea carers centre open day
Page 2
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
Christmas Party for carers and patients and Tonna Hospital Ty Nant Fair community center Llais event, neath community center Resource centre port talbot Food banks npt Briton ferry health centre Mental health workshop Dementia hub, Aberavon x 4 Glyn neath cluster meeting Community of practice networking
Rif event - Swansea.com LAC Pontardawe hub visit Rebecca platt - CVS networking. Lost & found bereavement Dyfed Rd surgery Castle surgery NPT Hospital Family's needs workshop Glyn neath carers hub
## **ACHIEVEMENTS AND PERFORMANCE Charitable activities**
## **6. Events and Social Activities General Events**
NPT Carers Service have offered several types of activities during 2024-2025. The following are examples of various activities.
Externally facilitated organisational strategic planning event with trustees and staff - Glyn Clydach hotel Dementia Café's - St Theodore's every Tuesday Pyrography event Pebble & tile coaster painting event Volunteer Celebration Day with lunch Willow making event Sound Bath event Afternoon tea x2 Coffee morning Ysgol Maes y coed Coffee morning at Awel y mor primary. Glynneath coffee morning Stroke support group. Parkinsons support group- Port Talbot Tenby Coach Trip. Wellbeing Day - St. Theodores. Craft Day - Cadoxton Community Centre. Parkinson's support group- Neath. Circus Starr for Parent Carers and their families West Glamorgan Annual event for Carers at Craft activities for children at Cwrt Herbert Fun Day. Stadium.com. The Ranch Cwmgrwrach- meal for carers. Light exercise- St Theodore's Church. Light exercise- Cwmgwrach community hall. Line dancing- St Theodore's Church. Arts and crafts afternoon- St Theodore's Church. Pet Therapy- St Theodore's Church. Ukelele Band- St Theodore's Church. Afternoon Tea- The Tea Rooms Glynneath. Collage for carers - Cadoxton Carers Christmas Party - Glyn Clydach Sunflower cafe 2nd Birthday Party Halloween arts and crafts Diwali celebration Arts and crafts Musical Bingo Theatre Trip to Beauty and the Beast- Gwyn Hall Remembrance Day celebration Book Folding Christmas quiz Ghostbuskers ukelele band x2 Parent carer sound bath event VR Event neath library Carers get together, St Theodore's church Men's meal & pint, Dyffryn Arms
## **Carers Week/Volunteer's Week**
Afternoon tea was provided for Carers at Glynneath Tea Rooms on 14th of June to celebrate Carer's week. We also celebrated Volunteer's week on 5th June by hosting a buffet lunch at our office in Neath for our valued volunteers. This also coincided with NPT Carers service achieving the "Investing in volunteer accreditation" and the team being highly commended in the health and social care category at Neath Port Talbot CVS Volunteering awards.
## **7. Sitting Service & Volunteer Services**
We provided 207 volunteer sits throughout the year, to ensure carers were able to take a break from their caring role providing 414 hours of sits. A total of 2,384 hours of sits were provided to carers within Neath Port Talbot using Domiciliary Care Agencies.
Page 3
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **FINANCIAL REVIEW**
## **Reserves policy**
The Trustee Board believes that it is financially prudent that the organisation should hold financial reserves sufficient to enable it to continue its operations and to meet the needs of clients in the event of unforeseen and potentially financially damaging circumstances arising.
It is the charity's policy that funds not presently committed or invested in tangible fixed assets should be maintained at the equivalent of a minimum of 4 and a maximum of 6 months expenditure on unrestricted funds, in order that NPT Carers Service can continue to pursue its activities should there be a period of reduced income. This is considered a prudent approach in the light of funding which is not received in advance.
The Trustee Board believes that there is a need to be cautious in budgeting in order to ensure this level of reserves is achieved and maintained. Careful scrutiny needs to be taken in respect to fundraising and funding applications to ensure immediate cash flow is not undermined and reserves are not adversely affected.
Restricted reserves are funds, not yet expended, provided for specific purposes stipulated by the donor or funder and cannot be used for the general purposes of NPT Carers Service. Balances on such funds do not imply that there has been an underspend but may result from a variety of circumstances including timing differences.
Designated reserves are in addition to general unrestricted funds, which have been designated for specific purposes by the Trustee Board and the use of such funds is at the discretion of the Trustee Board
.
This reserves policy is monitored and reviewed by the Trustee Board on an annual basis.
The total income of £604,078 (2024: £584,192) was spent on direct charitable expenditure totalling £635,267 (2024: £598,259).
The Statement of Financial Activities reflects the income and expenditure incurred by Neath Port Talbot Carers Service Ltd in carrying out its role in respect of its objectives. The general funds at 31 March 2025 were £238,766 (2024: £221,469) and restricted funds £5,036 (2024: £55,104).
## **PLANS FOR FUTURE DEVELOPMENTS**
The charity is likely to have to continue operating in a challenging external funding environment over the course of the coming year, given the equally challenging financial situation many funders face in balancing budgets and continuing to support the wider work of the third sector in the county and across Wales. In response to this we will continue to ensure that we are financially fit for purpose and that our plans for the future of the charity include enhancing and strengthening existing services, maintaining longer term sustainability within current funding budgets, identifying any gaps in provision and identifying potential funding opportunities and creating where we can a 'mixed economy' of funding, so that we are not over reliant on any one source of income. Our aims are to take forward service developments and grow the charity, potentially through co-production of stand-alone projects with carers across Neath and Port Talbot and the wider Health Board Region and we have taken steps to strengthen our relationships and to work more closely with key partners such as NPTCBC, the Regional Partnership Board (RPB) and Swansea Carer Service. This coming year we are also exploring the opportunity to relocate our main office and service delivery hub, through funding opportunities with the RPB, ensuring that we remain at the heart of the communities we want to serve.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The organisation was incorporated on 02/04/2009 and registered as a charity on 22/06/2009. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
## **Recruitment and appointment of new trustees**
The directors of the company are also charity trustees for the purpose of charity law and under the company's Articles. Under requirements of the Memorandum and Articles of Association the trustees are elected to serve for a period of three years after which they must be re-elected at the next annual general meeting. Each year one third of the Trustees stand down.
## **Induction and training of new trustees**
Through our induction process and the opportunity to meet with staff we ensure that new trustees are made familiar with the practical work of the charity. We are looking to develop and strengthen our training programme for new existing trustees over the coming year. This will provide opportunities to develop a team approach and identity amongst the trustee group and ensure that they are fully aware of the legal requirements and obligations of their role as trustee. This process will also allow them to familiarise themselves with the charity and the context within which it operates.
Page 4
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Related parties**
In so far as it is complimentary to the objects, the charity is guided by both local and national policy.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
06868025 (England and Wales)
## **Registered Charity number**
1130262
## **Registered office**
36 Orchard Street Neath SA11 1HA
## **Trustees**
Mr K Davies Mrs L Matthews Ms R Patterson Mr H Stanton Ms Marian Philips
## **Company Secretary**
Mr G Thomas
## **Independent Examiner**
Henry Lloyd Davies Bevan Buckland LLP Chartered Accountants Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA
## **Bankers**
Unity Trust Bank 9 Brindley Place Birmingham B1 2HB
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 . .[D] . . .[e] . .[c] . . .[9] . .[,] . . .[2] . .[0] . .[2] . . .[5][ .... ] and signed on its behalf by:
.[K] ..[i] .[r] .[k] ..[l] .[a] .[n] ..[d] ...[D] .[a] ..[v] ..[ie] ..[s] ..[(] .[D] ..[e] ..[c] ..[9] .[,] ..[2] .[0] ..[2] ..[5] ..[1] ..[1] .[:] .[4] ..[2] .[:] .[5] ..[3] ..[G] ..[M] ..[T] ..[)] .............. Mr K D Davies - Trustee
Page 5
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEATH PORT TALBOT CARERS SERVICE LTD**
## **Independent examiner's report to the trustees of Neath Port Talbot Carers Service Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **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:
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 any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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 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.
**==> picture [131 x 62] intentionally omitted <==**
**----- Start of picture text -----**
FR Cao
**----- End of picture text -----**
## Henry Lloyd Davies
The Institute of Chartered Accountants in England and Wales
Bevan Buckland LLP Chartered Accountants Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA
Date: 9 December 2025
Page 6
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
5,695
**Charitable activities**
3
Carers Service
-
Other income
44,322
**Total**
50,017
**EXPENDITURE ON**
Raising funds
4
1,582
**Charitable activities**
5
Carers Service
31,138
**Total**
32,720
**NET INCOME/(EXPENDITURE)**
17,297
**RECONCILIATION OF FUNDS**
Total funds brought forward
221,469
**TOTAL FUNDS CARRIED FORWARD**
238,766|Restricted
funds
£
-
554,061
-
554,061
-
604,129
604,129
(50,068)
55,104
5,036|2025
Total
funds
£
5,695
554,061
44,322
604,078
1,582
635,267
636,849
(32,771)
276,573
243,802|2024
Total
funds
£
-
548,301
35,891
584,192
-
598,259
598,259
(14,067)
290,640
276,573|
|---|---|---|---|
The notes form part of these financial statements
Page 7
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **BALANCE SHEET 31 MARCH 2025**
||||||2025|2024|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|Total|
|||funds|funds|funds|funds|funds|
||Notes|£|£||£|£|
|**FIXED ASSETS**|||||||
|Tangible assets|11|59||-|59|1,641|
|**CURRENT ASSETS**|||||||
|Debtors|12|-||-|-|3,515|
|Cash at bank||269,244|5,036||274,280|310,281|
|||269,244|5,036||274,280|313,796|
|**CREDITORS**|||||||
|Amounts falling due within one year|Amounts falling due within one year
13|(30,537)||-|(30,537)|(38,864)|
|**NET CURRENT ASSETS**||238,707|5,036||243,743|274,932|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|**TOTAL ASSETS LESS CURRENT LIABILITIES**|238,766|5,036||243,802|276,573|
|**NET ASSETS**||238,766|5,036||243,802|276,573|
|**FUNDS**|14||||||
|Unrestricted funds|||||238,766|221,469|
|Restricted funds|||||5,036|55,104|
|**TOTAL FUNDS**|||||243,802|276,573|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 ....D..e..c..9..,..2..0..2..5 .......... and were signed on its behalf by:
.[K] ..[ir] .[k] .[l] .[a] .[n] .[d] .[D] ..[a] .[v] .[ie] ..[s] .[(] .[D] .[e] .[c] .[9] .[,] .[2] .[0] ..[2] .[5] .[1] .[1] .[:] .[4] .[2] .[:] .[5] .[3] .[G] .[M] ..[T] .[)] ...... Mr K D Davies - Trustee
The notes form part of these financial statements
Page 8
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. 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 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 (FRS102) (effective 1 January 2015)', 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.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **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.
## **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.
## **Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the Trusts artistic programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities.
## **Tangible fixed assets**
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures and Fittings - 15% Straight Line Method
Computer Equipment - 3 years Straight Line Method
Where the capital expenditure is less than £500, the charity has adopted the policy to charge the Statement of Financial Activities the cost of the assets purchased. All items over £500 are capitalised and depreciated over their useful economic life.
## **Corporation taxation**
The Charity is exempt from corporation tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **Fund accounting**
Unrestricted funds: 'Free reserves' are unrestricted funds not committed to specific projects, programmes or purposes and can be used in accordance with the charitable objectives at the discretion of the Trustees. 'Designated unrestricted funds' are part of the unrestricted funds which trustees have earmarked for a particular project or use, without restricting or committing the funds legally.
Page 9
continued...
**NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
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 a particular restricted purpose.
## **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.
## **Company status**
The charity is a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
## **Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **Operating leases**
Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged to the income and expenditure account as incurred.
## **Significant judgements and estimates**
The preparation of the financial statements in conformity with generally accepted accounting principles requires the directors to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results in the future could differ from these estimates. The directors are satisfied that there are no significant judgements or estimates in addition to those that management has made in the process of applying the Company's accounting policies.
## **Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs. These costs have been allocated between cost of raising funds and expenditure on charitable activities.
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continued...
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **2. DONATIONS AND LEGACIES**
|Other income
**3.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
Carers Service
Grants received, included in the above, are as follows:
NPTCBC Core Funding
SBUHB Joint Core Funding
Parent CSW (NPTCBC)
8CA Carers Wellbeing project
1WG - Life alongside caring
20D Dementia
4CAb - SPOC
5CA - Parent Carer Transition
7CA Carers Wellbeing & Health
Carers Trust
11CR - Wellbeing for Carers
05DM West Glamorgan Dementia
1CTF - WGP Adult carers grant scheme Total
Amser Short Breaks
**4.**
**RAISING FUNDS**
**Other trading activities**
Depreciation
**5.**
**CHARITABLE ACTIVITIES COSTS**
Carers Service
**6.**
**SUPPORT COSTS**
Finance
£
Carers Service
1,328|Direct
Costs
£
608,656
Information
technology
£
10,000|2025
£
5,695
2025
£
554,061
2025
£
118,631
14,624
20,258
41,880
33,200
15,588
29,068
27,520
27,825
59,584
39,898
37,591
-
88,394
554,061
2025
£
1,582
Support
costs (see
note 6)
£
26,611
Support
costs
£
15,283|2024
£
-
2024
£
548,301
2024
£
111,916
14,062
19,200
35,368
30,534
15,588
24,546
27,522
14,772
50,586
35,420
37,590
37,490
93,707|
|---|---|---|---|
||||548,301|
||||2024
£
-
Totals
£
635,267
Totals
£
26,611|
Page 11
continued...
**NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **7. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||2025|2024|
|---|---|---|
||£|£|
|Depreciation - owned assets|1,582|1,952|
In the second half of the financial year the charity received significant restricted funding which had not been fully spent at the end of the financial year. The large surplus for the year includes this funding and the charity plans of fully expending these funds over the course of the next 12 months.
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **Trustees' expenses**
There were no Trustees' expenses paid for the year ended 31 March 2023 (2022: £NIL)
## **9. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||2025|2024|
|---|---|---|
|Employees|12|9|
No employees received emoluments in excess of £60,000.
The total remuneration (including pension contributions) of key management personnel during the year was £35,792 (2024: £36,269).
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Carers Service
-
Other income
35,891
**Total**
35,891
**EXPENDITURE ON**
**Charitable activities**
Carers Service
40,185
**NET INCOME/(EXPENDITURE)**
(4,294)
**Transfers between funds**
26,384
**Net movement in funds**
22,090
**RECONCILIATION OF FUNDS**
Total funds brought forward
199,379
**TOTAL FUNDS CARRIED FORWARD**
221,469|Restricted
funds
£
548,301
-
548,301
558,074
(9,773)
(26,384)
(36,157)
91,261
55,104|Total
funds
£
548,301
35,891
584,192
598,259
(14,067)
-
(14,067)
290,640
276,573|
|---|---|---|
Page 12
continued...
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **11. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2024 and 31 March 2025
**DEPRECIATION**
At 1 April 2024
Charge for year
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
**14.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
NPTCBC Joint Core Funding
NPTCBC Third Sector Grant
Parent CSW (NPTCBC)
7CA - Carers Wellbeing & Health Liaison
05DM West Glamorgan Dementia
Partnership
11CR - Wellbeing for Carers
CVS Carers Engagement/Promotion
Amser Short Breaks
**TOTAL FUNDS**|Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
150
5,654
5,804
67
4,096
4,163
23
1,559
1,582
90
5,655
5,745
60
(1)
59
83
1,558
1,641
2025
£
2024
£
-
3,515
2025
£
7,567
2024
£
4,173
4,220
2,509
13,384
2,495
5,366
29,687
30,537
38,864
Net
movement
At
At 1.4.24
£
in funds
£
31.3.25
£
221,469
17,297
238,766
22,191
(22,191)
-
8,738
(8,738)
-
7,386
(5,383)
2,003
1,701
(1,701)
-
5,789
(5,789)
-
1,718
(1,718)
-
3,033
-
3,033
4,548
(4,548)
-
55,104
(50,068)
5,036
276,573
(32,771)
243,802|Totals
£
5,804
4,163
1,582
5,745
59
1,641
2024
£
3,515
2024
£
4,173
2,509
2,495
29,687|Totals
£
5,804
4,163
1,582
5,745
59
1,641
2024
£
3,515
2024
£
4,173
2,509
2,495
29,687|
|---|---|---|---|
||||2024
£
4,173
2,509
2,495
29,687|
||||38,864|
Page 13
continued...
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **14. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
NPTCBC Joint Core Funding
NPTCBC Third Sector Grant
SBUHB Joint Core Funding
Parent CSW (NPTCBC)
1WG - Life Alongside Caring
20D - Dementia
4CAb - SPoC
5CA - Parent Carer Transition
7CA - Carers Wellbeing & Health Liaison
8CA - Carers Wellbeing Project
Carers Trust
05DM West Glamorgan Dementia
Partnership
11CR - Wellbeing for Carers
Amser Short Breaks
**TOTAL FUNDS**|Incoming
resources
£
50,017
118,631
-
14,624
20,258
33,200
15,588
29,068
27,520
27,825
41,880
59,584
37,591
39,898
88,394
554,061
604,078|Resources
expended
Movement
in funds
£
£
(32,720)
17,297
(140,822)
(22,191)
(8,738)
(8,738)
(14,624)
-
(25,641)
(5,383)
(33,200)
-
(15,588)
-
(29,068)
-
(27,520)
-
(29,526)
(1,701)
(41,880)
-
(59,584)
-
(43,380)
(5,789)
(41,616)
(1,718)
(92,942)
(4,548)
(604,129)
(50,068)
(636,849)
(32,771)|
|---|---|---|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
NPTCBC Joint Core Funding
NPTCBC Third Sector Grant
SBUHB Joint Core Funding
Parent CSW (NPTCBC)
1WG - Life Alongside Caring
20D - Dementia
4CAb - SPoC
7CA - Carers Wellbeing & Health Liaison
8CA - Carers Wellbeing Project
Carers Trust
Creative Carers Breaks
05DM West Glamorgan Dementia
Partnership
11CR - Wellbeing for Carers
13CR-NCR
1CT - Taking a Break
CVS Carers Engagement/Promotion
1CTF - WGP Adult carers grant scheme
Amser Short Breaks
**TOTAL FUNDS**|Net
movement
Transfers
between
At
At 1.4.23
£
in funds
£
funds
£
31.3.24
£
199,379
(4,294)
26,384
221,469
3,863
18,328
-
22,191
10,007
(1,269)
-
8,738
-
8
(8)
-
-
7,386
-
7,386
361
7
(368)
-
472
(192)
(280)
-
-
112
(112)
-
-
1,701
-
1,701
637
(1,626)
989
-
2,825
(218)
(2,607)
-
59,891
(36,778)
(23,113)
-
5,896
(107)
-
5,789
2,136
(418)
-
1,718
1,077
-
(1,077)
-
70
(238)
168
-
4,026
(993)
-
3,033
-
(24)
24
-
-
4,548
-
4,548
91,261
(9,773)
(26,384)
55,104
290,640
(14,067)
-
276,573|
|---|---|
Page 14
continued...
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **14. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
NPTCBC Joint Core Funding
NPTCBC Third Sector Grant
SBUHB Joint Core Funding
Parent CSW (NPTCBC)
1WG - Life Alongside Caring
20D - Dementia
4CAb - SPoC
5CA - Parent Carer Transition
7CA - Carers Wellbeing & Health Liaison
8CA - Carers Wellbeing Project
Carers Trust
Creative Carers Breaks
05DM West Glamorgan Dementia
Partnership
11CR - Wellbeing for Carers
1CT - Taking a Break
CVS Carers Engagement/Promotion
1CTF - WGP Adult carers grant scheme
Amser Short Breaks
**TOTAL FUNDS**|Incoming
resources
£
35,891
111,916
-
14,062
19,200
30,534
15,588
24,546
27,522
14,772
35,368
50,586
-
37,590
35,420
-
-
37,490
93,707
548,301
584,192|Resources
expended
£
Movement
in funds
£
(40,185)
(4,294)
(93,588)
18,328
(1,269)
(1,269)
(14,054)
8
(11,814)
7,386
(30,527)
7
(15,780)
(192)
(24,434)
112
(27,522)
-
(13,071)
1,701
(36,994)
(1,626)
(50,804)
(218)
(36,778)
(36,778)
(37,697)
(107)
(35,838)
(418)
(238)
(238)
(993)
(993)
(37,514)
(24)
(89,159)
4,548
(558,074)
(9,773)
(598,259)
(14,067)|
|---|---|---|
Page 15
continued...
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **14. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
NPTCBC Joint Core Funding
NPTCBC Third Sector Grant
SBUHB Joint Core Funding
Parent CSW (NPTCBC)
1WG - Life Alongside Caring
20D - Dementia
4CAb - SPoC
8CA - Carers Wellbeing Project
Carers Trust
Creative Carers Breaks
05DM West Glamorgan Dementia
Partnership
11CR - Wellbeing for Carers
13CR-NCR
1CT - Taking a Break
CVS Carers Engagement/Promotion
1CTF - WGP Adult carers grant scheme
**TOTAL FUNDS**|Net
movement
Transfers
between
At
At 1.4.23
£
in funds
£
funds
£
31.3.25
£
199,379
13,003
26,384
238,766
3,863
(3,863)
-
-
10,007
(10,007)
-
-
-
8
(8)
-
-
2,003
-
2,003
361
7
(368)
-
472
(192)
(280)
-
-
112
(112)
-
637
(1,626)
989
-
2,825
(218)
(2,607)
-
59,891
5,896
(36,778)
(5,896)
(23,113)
-
-
-
2,136
(2,136)
-
-
1,077
-
(1,077)
-
70
(238)
168
-
4,026
(993)
-
3,033
-
(24)
24
-
91,261
(59,841)
(26,384)
5,036
290,640
(46,838)
-
243,802|
|---|---|
Page 16
continued...
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **14. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|
as follows:||||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|85,908|(72,905)|13,003|
|**Restricted funds**||||
|NPTCBC Joint Core Funding|230,547|(234,410)|(3,863)|
|NPTCBC Third Sector Grant|-|(10,007)|(10,007)|
|SBUHB Joint Core Funding|28,686|(28,678)|8|
|Parent CSW (NPTCBC)|39,458|(37,455)|2,003|
|1WG - Life Alongside Caring|63,734|(63,727)|7|
|20D - Dementia|31,176|(31,368)|(192)|
|4CAb - SPoC|53,614|(53,502)|112|
|5CA - Parent Carer Transition|55,042|(55,042)|-|
|7CA - Carers Wellbeing & Health Liaison|42,597|(42,597)|-|
|8CA - Carers Wellbeing Project|77,248|(78,874)|(1,626)|
|Carers Trust|110,170|(110,388)|(218)|
|Creative Carers Breaks|-|(36,778)|(36,778)|
|05DM West Glamorgan Dementia||||
|Partnership|75,181|(81,077)|(5,896)|
|11CR - Wellbeing for Carers|75,318|(77,454)|(2,136)|
|1CT - Taking a Break|-|(238)|(238)|
|CVS Carers Engagement/Promotion|-|(993)|(993)|
|1CTF - WGP Adult carers grant scheme|37,490|(37,514)|(24)|
|Amser Short Breaks|182,101|(182,101)|-|
||1,102,362|(1,162,203)|(59,841)|
|**TOTAL FUNDS**|1,188,270|(1,235,108)|(46,838)|
Transfers between funds relate to management charges.
## **Description of Funds:**
## **NPTCBC - Joint Core Funding**
To support NPT Carers Service with CORE Funding to continue its operations
**SBUHB Joint Core Funding** - To support NPT Carers Service with the CORE funding needed to manage its operation.
## **ICF Grant - 1WG - A Life Alongside Caring**
Ensuring carers obtain the right information at the right time, providing them with a respite sitting service, which is invaluable to carers, a break from their caring role, and emergency support to attend healthcare appointments. Linking closely with the Young at Heart Project, to engage younger volunteers.
## **ICF Grant - 4Cab**
Provide information, advice and support to carers, working in partnership with the Social Service "Single Point of Contact" Team. Undertaking carers assessments to support carers with their caring role.
## **ICF Grant - 7CA - Carers Wellbeing & Health**
Raising awareness of the needs of carers to ensure that they are given the support necessary to continue their caring role. Provide information, advice and support as needed. Proactively engage with carers, providing wellbeing calls and ongoing support. Support GP Practices to gain the Carers Accreditation, supporting carers and signposting as needed.
## **ICF Grant - 5CA - Parent Carer Transition Support Officer**
Provide support, advice, guidance and signposting parent carers, providing advocacy and working in partnership with Children & Adult Services to ensure a smooth transition period from child to young adult.
## **ICF Grant - 20D - Dementia**
Page 17
continued...
## **NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **14. MOVEMENT IN FUNDS - continued**
Supporting those who care for people with Dementia, providing more integration between NPT Carers Service, Health and Social Care Services, offering a range of early intervention and prevention support, reducing the stress felt by those who provide care to people living with dementia.
## **ICF Grant - 8CA - Carers Wellbeing Project**
To provide support to Carers by providing professional counselling services, wellbeing calls, support for bereaved carers through transition support, training and respite care. Improving the health and wellbeing of unpaid carers across Neath Port Talbot.
## **NPTCBC - Parent Carer Support**
Funding for a for a Parent Carer Support Officer, who will work closely with Parent Carers to improve and enhance the outcomes through support and early intervention. Empowering Parent Carers, collaboratively working with various agencies to ensure positive outcomes, providing a support network, advice, guidance and assistance as required.
## **NPTCBC Third Sector Fund - "Young at Heart"**
To address the needs of carers across Neath and Port Talbot, through developing a network of young volunteers recruited by a young volunteer co-ordinator, providing inter-generational support including help with IT.
## **Carers Trust**
The Carers Trust Support Fund is a Welsh Government initiative established in October 2020 in response to the growing evidence that unpaid carers were struggling to cope with the financial impact of the pandemic.
Carers could apply for grants of up to £ 300 to pay for food, household and electronic times. The grants was administered in the form of vouchers:
Tesco; ASDA; Morrisons; Curry's; Argos:
The funding was to support unpaid carers experiencing financial hardship due to the cost of living crisis and the ongoing impact of the pandemic.
## **Creative Carers Breaks**
To provide respite to unpaid carers across Neath and Port Talbot, providing tailored opportunities, ensuring carers are able to access services that meet their needs. The fund was created to offer a range of opportunities that would create the most positive impact. To support carers, improving their health and wellbeing, allowing carers to still be the partner, parent, child, friend or neighbour, giving carers a break from their caring role, some "time off" from being a carer to just do something for themselves, helping carers to continue in their caring role.
**Contingency Fund** - Funds held for potential redundancy costs, project closures and unforeseen costs. The trustees aim to hold around 3 months of running costs within this fund in order to ensure the charity is resilient to changing circumstances.
## **11CR Wellbeing for Carers**
This funding is an add on to the 8CA Project, providing funding to offer additional Counselling and Sitting Service provision, as both were oversubscribed.
## **CVS Carers Engagement/promotion**
Funds to be used for regional engagement activities with carers as approved by the CVS Board.
## **Amser**
This is a grant fund for third sector organisations delivering personalised, flexible and creative short breaks to unpaid carers in Wales. Funded by Welsh Government, Amser is part of the Short Breaks Scheme for unpaid carers the aim being to improve carer resilience and wellbeing and to support the sustainability of the carer's caring relationship.
Page 18
continued...
**NEATH PORT TALBOT CARERS SERVICE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **15. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2025.
Page 19
## NEA007 - 2025 accounts
Final Audit Report 2025-12-09
Created: 2025-12-09 By: Reception Bevan Buckland (reception@bevanbuckland.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA9ksxDpoFfBGYorItBXeeBo0IZa6rNxCf
## "NEA007 - 2025 accounts" History
Document created by Reception Bevan Buckland (reception@bevanbuckland.co.uk) 2025-12-09 - 10:08:52 AM GMT
Document emailed to general@nptcarers.org.uk for signature 2025-12-09 - 10:10:27 AM GMT
Email viewed by general@nptcarers.org.uk
2025-12-09 - 10:36:12 AM GMT
- Document signing delegated to Kirkland Davies (kirkland@kirklanddavies.com) by general@nptcarers.org.uk 2025-12-09 - 10:38:33 AM GMT
Document emailed to Kirkland Davies (kirkland@kirklanddavies.com) for signature 2025-12-09 - 10:38:33 AM GMT
Email viewed by Kirkland Davies (kirkland@kirklanddavies.com) 2025-12-09 - 11:41:44 AM GMT Document e-signed by Kirkland Davies (kirkland@kirklanddavies.com) Signature Date: 2025-12-09 - 11:42:54 AM GMT - Time Source: server
Agreement completed. 2025-12-09 - 11:42:54 AM GMT