Registered number: 07025891 Charity number: 1132951 HARTLEPOOL CARERS {A company limited by guarantee) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
HARTLEPOOL CARERS (A company Ilmited by guarantee) CONTENTS Page Reference and admlnistrative detalls of the charity, its Trustees and advisers Trustees. report Independent examlner's report Statement of financial activities 10 Balance sheet Statement of cash flows 13 Notes to the financial statements 14-27
HARTLEPOOL CARERS IA company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees E C Garrett, Treasurer G Hansen M L Brown, Secretary B Hart, Chair P Kewley A L Brown, (Trustee only) Company reglstered number 07025891 Charity registered number 1132951 Registered office 19a Lowthian Road Hartlepool Cleveland TS24 8BH Chief executive officer C Fewster Independent Examiners Waltons Business Advisers Limtted Chartered Accountants Maritime House Harbour Walk The Marina Hartlepool TS24 OUX Page 1
HARTLEPOOL CARERS (A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the financial statements of the charity for the year 1 April 2023 to 31 March 2024. The annual report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees Confirm that the annual report and financial statements of the charitable company comply wtth the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) {effedive 1 January 2019). Since the charity qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (strategic Report and Directors, Report) Regulations 2013 has been omÉtted. Objectives and activities • Policies and objectives Purposes and aims To provide Information, Advice and Guidance to unpaid carers who provide essential care to individuals living with a long-temi illness. disability. sensory loss, mental health needs andlor substance misuse. We operate across Hartlepool and support carers living out of area rf they are providing support to a cared for person living within Hartlepool. Ensuring our work delivers our aims The charity reviews its aims. objectives, and activities each year to ensure that the activities have met the objectives and that any planned activities will do so. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. Our mission Hartlepool Carers work collaboratively to ensure carers Can live well around their caring role, have opportunities within their community to enhance thèir skills, employment and social opportunities as well as providing early support to prevent the need for crisis intervention. Page 2
HARTLEPOOL CARERS (A company limited by guarantee> TRUSTEES. REPORT {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 (continued) • Achievement and performance The focus of our work We provide unpaid carers with information and support around their caring role, covering areas including Menlal HeaEth, Social Opportunities, Managing at home, Education and Training, Physical Health and Finances. Hartlepool Carers have a person-centred approach lo ensure carers are at the heart of their planning and identifying the support they need to continue effectively in their caring role. To ensure the needs of carers are addressed effectively we work wÉth partner organisations who are specialist in providing-. Financial advice and guidance Adult education and Learning. Mental Health Services We also work with Statutory Services to ensure the need5 of the carer and Cared for people are met. Community Led Support Hartlepool Carers continue to provide regular community opportunities to help improve the lives of carers across Hartlepool. Working collaboratively within Community Hubs enables carers to have access to other local services and support. Adult Carers Hartlepool Carers also provide a range of Adull Carers sessions. On average we provide five sessions per week to enable carers to meet others liver in similar situations. Providing opportunities helps carers build confidence, skills and resilience. Adult Carers have enjoyed trips to the races, theatre and participated in outdoor allotment activities. Adult Carers have also had the opportunity to participate in learing such as epilepsy awareness, first aid and moving and handling to ensure they have access to the right skills in their caring role. Hartlepool Carers have also worked aling side North Tees and Hartlepool NHS Trust to raise awareness of Johns Campaign, to support unpaid carers and their loved ones, when a loved one is admitted to hospital. Carers shared they required more information around Power of Attorney and Wills working with Protecus. several information sessions have been delivered around Power of Attorney to ensure Carers and families are informed Young Carers Young Carers have access to weekly sessions that are led by our dedicated staff team. Sessions are developed around young people's wishes and needs, providing encouragement and support to engage individuals within their community. Alongside social opportunities, we also provide weekly 'learning' sessions that support young carers in their-education when required. Young Carers have had multiple opportunrties to take part in respite at Hartlepool Carers Caravan which is funded by external partners. Page 3
HARTLEPOOL CARERS (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 (continued) Young Carers in Hartlepool now have the opportunity to access NERAP {Northeast Raising Aspirations Programme) providing opportunities to explore education options, university visits and training to support an effective transition into adulthood. Hartlepool Young Carers dedicated their time over Christmas to visit a number of Care Homes to work with resFdents and spread some festive cheer. Over 15 Young Carers attended Homes within Hartlepool to have a sing-a-long of many festive songs. The feedback was excellent and Young Carers are now planning other visits to keep in touch with residents. Christmas 2023, brought lots of activities and events, including our first Christmas Shop, in partnership with PFC Trust. Young Carers attended a 'free' shop and could fill their sacks with goodies, including clothes, smellies and sweets. Moving on Group Carers dedicate much of their Irves to look after loved ones and when a carer experiences bereavement they can feel even more isolated and alone. At Hartlepool Carers we have a dedicated support group for carers experiencing loss and bereavement. The group meet regularly to have coffee and cake. lunches, and meet others who are expefiencing similar situations. The group is growing from strength to strength. Parent Carers Hartlepool Carers part-fund a dedicated worker to work collaboratively with 1 Hart, 1 Mind, 1 Future, Hartlepool's Parent Carer Forum for families of children and young people with additional needs andlor disabilities. Families have the opportunity to attend weekly parent sessions to build on peer support as well as social opportunities to empower families to access their community. Strong relationships have been developed with statutory services and effective pathways are in place to ensure families views and wishes infomi a positive change. Hartlepool's SENDIAS Officer is now based within Hartlepool Carers to ensure a one stop shop is available for families of children with additional needs. Hospital Liason Project Launched in April 2023, through successful funding bid with PFC Trust, services for unpaid carers are now embedded across both Hartlepool and North Tees Hospitals. Throughout the project period Hartlepool Carers employed a full-time support officer, once funding came to an end, the project was sustained by Hartlepool Carers core team. Weekly stands are available at both sites for staff and patients to come and receive further information. Regular invites to ward meetings and training offers delivered by the Trust, now encompass 'identifying unpaid carers,. Care Home Navigator Project Launched in early spring, following successful investment, Hartlepool Carers worked in partnership with all Care Homes across Hartlepool, wtth the vision to identify unpaid carers. The project has been supported by a part-time officer, who provided information to Care Home Managers and their teams, as-well as hosting many information stalls to raise awareness. Page 4
HARTLEPOOL CARERS (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 (continued) Key performance Indlcators Key Figures (April 2023- March 2024) 931 new carers joined our service all receiving a Carers Assessment 87 free activity sessions have been delivered. 4,555 carers have participated in activities. 3,423 contacts have been to carers to provide Information, Advice and Guidance 1.422 contacts have been made to other partners on behalf of carers 4.633 referrals have been made to partner agencies Financlal review Going concern After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existen¢e for the foreseeable future. For this reason they Continue to adopt the going concern basis in preparing the financial statements. Reserves policy At the year end the charty has restricted funds of £12,356 which are held as current assets. There are unrestficted funds of £484.698 of which £161,084 is held as fixed assets. £81,000 was designated to Cover three months running costs and redundancy if the funding to the charity was lo cease, £58,243 was designated to cover the cost of running and repairing the caravan donated last year and £55,000 was designated to cover two new employees starting post 31 March 2022. The two new positions have been filled in the 23124 accounting year, £55k has now been transferred to the general fund. Our aim is to achieve funding equal to expenditure on an annual basis to retain this level of reseNes. • Financial position The charity made a surplus in the year of £29,789. The charity has investments and cash of £317,729. Free reserves were £323,614 of which £139,243 has been designated as above. Principal rlsks and uncertainties Hartlepool Carers continue to hold ISO 45001 and ISO 9001, this provides us with systems to monitor strengthens, Weaknesses, Opportunities and Threats. Risk Analysis is monitored within operations and strategic departments and inspeded annually. Monitoring allows us to identify risks and plan to minimise any impact. Page 5
HARTLEPOOL CARERS (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure. governance and management • Constitutlon Hartlepool Carers is a Charity limited by guarantee. incorporated on 22 September 2009 and is governed by its Memorandum and Articles of Association as amended by special resolution on 11 November 2009. It was registered as a charty on 25 November 2009. • Methods of appointment or election of Trustees The board consists of no fewer than one trustee and has no maximum. The necessary quorum for the transaction of any business is hvo. Trustees are recruited from the local population and all have an interest in the aims and objectives of the charity. Organisational structure and decision-making policies The Charity is an autonomous body. The Trustees make strategic decisions about the charity and the day to day running of the charity is delegated to the CEO and the team. The CEO is responsible for ensuring that the aims and objectives of the charity are met. The board meets once every 3 months to consider reports from the manager and other staff members and Trustees are involved at other times in the administration of the charity. Policies adopted for the induction and training of Trustees All Trustees receive an induction to the organisation and an application booklet is provided which contains all of the Trustees responsibilities, as well as providing infomiation on the Charity's mission. • Pay policy for key management personnel Salaries are to be balanced against= Similar sized charities Other key management posts in the region Availability of sufFicient funding Growthlpotential growth of, and impacvinfluence of Hartlepool Carers Page 6
HARTLEPOOL CARERS (A company Ilmited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, govemance and management {continued) Plans for future perlods Recent census information has highlighted Hartlepool as only one of the areas across England whose caring community has increased the number of hours providing essential care. It is essential we use local data to understand our changing landscape and work directly with carers to bring about positive change. Through consultation with Carers, we have several projects in the pipeline- Carer respite pilot. The first 'North-East Young Carer BIG Sleep-over,. To provide Supported Internship Pla¢ements. Alleviating Carer Fuel Poverty Programme. Eating distress North-East service offerf to ensure services are available locally for their Carers. Embedding visibility and knowledge with GP Hubs. We will continue to strengthen our relationships with funders. businesses, and statutory services to ensure we continue to develop meaningful services for our community in Hartlepool. • Financial risk management During the year the Trustees have undertaken a formal risk assessment proces5 which has enabled them to identify the risks to which the charity is exposed and put in place measures to mitigate those risks. Page 7
HARTLEPOOL CARERS (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, governance and management (continued) Statement of Trustees. responsibilities The Trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to-. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP {FRS 1021.. make judgments and accounting estimates that are reasonable and prudent-. state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charty will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply wrth the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by- BHart Chair Date.. 16 December 2024 Page 8
HARTLEPOOL CARERS {A company Ilmlted by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent Examiner's Report to the Trustees of Hartlepool Carers ('the charity.) report to the charity Trustees on my examination of the financial statements of the charity for the year ended 31 March 2024. Responslbilities and Basis of Report As the Trustees of the charity (and its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself that the financial statements 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 Ihe charity's financial statements carried oul under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions gÉven by the Char-ty Commission under section 145(5}(b) of the 2011 Act. Independent Examiner's Statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of The Institue of Chartered Accountants of England and Wales, which is one of the listed bodies. I have completed my examination. l confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act,. or the financial statements do not accord with those records- or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statement5 give a 'true and fair, view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to chariiies preparing their accounts in accordance wÉth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other mattefs in conneclion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Signed.. Dated.. 16 December 2024 Heather O'Driscoll FCA Waltons Business Advisers Limited Chartered Accountants Page g
HARTLEPOOL CARERS (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted funds 2024 Restrlcted funds 2024 Total funds 2024 Total funds 2023 Note INCOME FROM: Donations and legacies Charitable activities Other trading activities Investments 33,677 410.678 60,766 94,443 410.678 17,922 546 63. 629 363, 670 13,784 101 17,922 TOTAL INCOME 444,901 78,688 523,689 441. 184 EXPENDITURE ON: Charitable activities 403,366 90,434 493,800 423,343 TOTAL EXPENDITURE 403,366 90,434 493.800 423, 343 NET INCOMEI(EXPENDITURE) Transfers between funds 41,535 {5,084) {11,746) 5,084 29,789 17,841 15 NET MOVEMENT IN FUNDS 36,451 (6,662 29,789 17,841 RECONCILIATION OF FUNDS". Total funds brought forward Net movement in funds 448,247 36.451 19,018 (6,662) 467,265 29,789 449.424 17,841 TOTAL FUNDS CARRIED FORWARD 484,698 12,356 497,054 467,265 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 14 to 27 form part of these financial statements. Page 10
HARTLEPOOL CARERS (A company limited by guarantee) REGISTERED NUMBER: 07025891 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note FIXED ASSETS Tangible assets 12 161,084 164,015 161,084 164,015 CURRENT ASSETS Debtors Cash at bank and in hand 13 34.710 317,729 31, 785 284. 769 352,439 315,954 Creditors.. amounts falling due within one year 14 (16.469) (12, 704) NET CURRENT ASSETS 335,970 303, 250 TOTAL NET ASSETS 497,054 467, 265 CHARITY FUNDS Restricted funds Unrestricted funds 15 15 12,356 484,698 19,018 448,247 TOTAL FUNDS 497,054 467,265 The charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act wrth respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: BHart Chair Date.. 16 December 2024 £ fLc4tr. Page11
HARTLEPOOL CARERS (A company limited by guarantee) REGISTERED NUMBER: 07025891 BALANCE SHEET {CONTINUED) AS AT 31 MARCH 2024 The notes on pages 14 to 27 form part of these financial statements. Page 12
HARTLEPOOL CARERS (A company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Net cash used in operating activities 39,338 24,421 CASH FLOWS FROM INVESTING ACTIVITIES Interest received Purchase of tangible fixed assets ioi (1, 740) (6,324) NET CASH USED IN INVESTING ACTIVITIES {5,778) (1,639) CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR 33,560 22,782 Cash and cash equivalents at the beginning of the year 284.169 261,387 CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 317,729 284, 169 The notes on pages 14 to 27 fomi part of these financial slatements Page 13
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 GENERAL INFORMATION The charity is a company limited by guarantee and registered in England and Wales. The members of the charrty are the Trustees named on page 1. In the event of the Charty being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity- Registered number: 07025891 Charity number.. 1132951 The registered office address is 19a Lowthian Road. Hartlepool, TS24 8BH ACCOUNTING POLICIES 2.1 Basis of preparation of financial statements The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Hartlepool Carers meets the definition of a public benefrt entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheiSe stated in the relevant accounting policy. 2.2 Going concern After making appropriate enquiries, the Trustees have a reasonable expectstion that the charity has adequate resource5 to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial ststements. 2.3 Income All income is recognised once the charity has entitlement to the income. it is probable that the income will be received and the amount of income receivable can be measured reliably. Gifts in kind donated for use for the charty are included at valuation and recognised as income when they are received. 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 on charitable activities is incurred on directly undertaking the activtties which further the charity's objectives, as well as any associated support costs. Page 14
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POUCIES (CONTINUED) 2.5 Tanglble fixed assets and depreciation Tangible fixed assets costing £200 or more are capitalised and recognised when future OnoMiC benefits are probable and the cost or value of the asset Can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on the following bases: Freehold property Fixtures and fittings Caravan 2 /0 Straight line 25 /0 reducing balance 1 Ook reducing balance 2.6 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.7 Pensions The charity contributes to defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. 2.8 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specrfic restrictions imposed by donors or which have been raised by the charity for particular purposes. Page 15
HARTLEPOOL CARERS IA company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM DONATIONS AND LEGACIES Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Donations Grants 31,677 2,000 7,715 53,051 39,392 55,051 38,844 24, 785 33,677 60,766 94,443 63, 629 Total 2023 37,572 26.057 63, 629 INCOME FROM CHARITABLE ACTIVITIES Unrestricted funds 2024 Total funds 2024 Total funds 2023 Contract income 410,678 410.678 363, 670 Total 2023 363, 670 363,670 FUNDRAISING INCOME Income from fundraising events Restricted funds 2024 Totsl funds 2024 Total funds 2023 Fundraising 17,922 17.922 13,784 Total 2023 13, 784 13,784 Page 16
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INVESTMENT INCOME Unrestricted funds 2024 Total funds 2024 Total funds 2023 Bank interest 546 101 Total 2023 101 101 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Summary by fund type Unrestricted Restricted funds funds 2024 2024 Total 2024 Total 2023 Support of adult and young carers 403,366 90,434 493,800 423,343 Total 2023 345,284 78,059 423,343 ANALYSIS OF EXPENDITURE BY ACTIVITIES Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Total funds 2023 Support of adult and young carers 339,775 154,025 493,800 423,343 Total 2023 307, 141 116,202 423,343 Page 17
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE BY ACTIVITIES {CONTINUEDI ANALYSIS OF DIRECT COSTS Adult and Young Carers 2024 Total funds 2024 Total funds 2023 staff costs Activities and events Other Staff costs Staff costs (Ballinger Trust) Donations 241,775 70,434 7,432 20.000 134 241,775 70,434 7,432 20,000 134 220,988 63,059 7,525 15,000 569 339,775 339,775 307, 141 Total 2023 307, 141 307, 141 Page 18
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED) ANALYSIS OF SUPPORT COSTS Adult and Young Carers 2024 Total funds 2024 Total funds 2023 Staff costs E)epreciation Accountancy Advertising Bank charges Cleaning & repairs Premises Costs Legal and Professional Printing postage and stationery Sundries Other Staff costs Subscriptions Independent exam Loss on sale of asset 54,378 9,255 2,354 6.897 226 $4,378 9,255 2,354 6,897 226 24,134 37,365 9,050 7,962 159 47,466 8,589 3,413 5,368 260 20,070 14,035 5,849 7,020 159 1,375 262 1, 860 476 24,134 37,365 9,050 7,962 169 275 275 1,970 1,970 154,025 154.025 116,202 Total 2023 116,202 116,202 INDEPENDENT EXAMINER'S REMUNERATION 2024 2023 Fee5 payable to the charity's independent examiner for the independent examination of the charity's financial statements 1,970 1,860 Page 19
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. STAFF COSTS 2024 2023 Wages and salaries Social security costs Contribution to defined contribution pension schemes 289,819 18,485 7,849 258,854 17.775 6,825 316,153 283,454 The average number of persons employed by the charity during the year was as follows.. 2024 2023 Employees 15 13 No employee received remuneration amounting to more than £60,000 in either year. 11. TRUSTEES. REMUNERATION AND EXPENSES During the year, no Trustees received any remuneration or other benefits (2023 - £NIL). During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL). Page 20
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. TANGIBLE FIXED ASSETS Freehold Fixtures and property frttings Caravan Total Cost At 1 April 2023 Additions 112,008 42,723 6,324 55,474 210,205 6.324 At 31 March 2024 112.008 49,047 55,474 216,529 Depreciation At 1 April 2023 Charge for the year 2.299 529 34,237 3,179 9,654 5,547 46,190 9,255 At 31 March 2024 2,828 37,416 15,201 55,445 Net book value At 31 March 2024 109,180 11,631 40,273 161,084 At 31 March 2023 109. 709 8,486 45, 820 164,015 13. DEBTORS 2024 2023 Due withln one year Trade debtors 34,710 31,785 34,710 31, 785 Page 21
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Other taxation and social security Other Creditors Accruals and deferred income 1,258 5,772 6,509 2,930 1,492 4,801 3,631 2, 780 16,469 12,704 Page 22
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Unrestricted funds Designated funds Designated funds 194,243 (55,000) 139,243 General funds Core Carers contract 254,004 34,223 410,678 (100,120) 157,348 (303,246) (107,432) 345,455 254,004 444,901 (403,3661 49.916 345,455 Total Unrestricted funds 448,247 444,901 (403,366) 15,084) 484,698 Restricted funds Carers Activities Carers Trust Pears Foundation The Ballinger Trust 3.845 11,745 3,428 25.637 33.051 {34.566) 135,8681 5,084 8,928 3,428 20,000 (20,000> 19,018 78,688 (90,434) 5,084 12,356 Total of funds 467,265 523,589 (493,800) 497,054 Page 23
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. STATEMENT OF FUNDS (CONTINUED) STATEMENT OF FUNDS- PRIOR YEAR Balance at 31 March 2023 Balance al 1 Apnl 2022 Transfer6 in/out Income Expenditure Unrestricted funds Designated funds Designated funds 194.243 194.243 General funds Core Carers Contra 197,945 37,673 363,670 (69,395) (275, 889) 87.781 (87, 781) 254,004 197,945 401,343 (345,284) 254,004 Total Unrestricted funds 392, 188 401,343 (345,284) 448,247 Restricted funds Carers Activities Carers Trust Pears Foundation The Ballinger Trust 16,540 37,268 3,428 23,056 1, 785 (35, 751) (27,308) 3,845 11,745 3.428 15,000 (15,000) 57,236 39,841 (78,059) 19,018 Total of funds 449.424 441, 184 (423,343) 467,265 Page 24
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Transfers general funds Transfers out of Carers Contract were used to cover core costs Designated funds £81,000 was designated to cover three months running costs and redundancy if the funding to Ihe charity was to cease, £58,243 was designated to cover the cost of running and repairing the caravan donated last year and £55,000 was designated to cover two new employees starting post 31 March 2022. The two new positions have been filled in the 23124 accounting year, £55k has now been transferred lo the general fund. Free reserves At the year end total reseNes were £497,054,of which £323,614 were free reserves. Pears Foundation This money was toward the purchasè of a carvan. It has been used to purchase decking around the new Caravan donated in the year. The balance of the fund will be spent in the following year, however, on what has not been detemiined. Carers Activities Donations raised specifically to fund activities for carers. £5,084 was transferred from the general fund to cover the deficit at the year. Carers Trust Monies are to be used to pay for respite breaks and much needed appliances and repairs for Carers. The Ballinger Trust Monies recetved to cover the costs of a new employee for the charity 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT PERIOD Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Tangible fixed assets Current assets Credttors due within one year 161,084 340,083 (16,469) 161,084 352,439 116,469) 12,356 Total 484,698 12,356 497,054 Page 25
HARTLEPOOL CARERS IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS (CONTINUED) ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR PERIOD Unrestncted funds 2023 Restricted funds 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due within one year 164,015 296, 936 (12, 704) 164,015 315,954 (12,704) 19,018 Total 448,247 19,018 467,265 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING 17. ACTIVITIES 2024 2023 Net income for the period (as per Statement of Financial Activities) 29,789 17.841 Adjustments for: Depreciation charges Interest received Loss on sale of tangible fixed assets ncrease in debtors Increase in creditors User text 9,255 ($46) 8, 589 (101) 476 (3, 196) 812 {2,925 3,765 Net cash provided by operating activities 39,338 24,421 18. ANALYSIS OF CASH AND CASH EQUIVALENTS 2024 2023 Cash in hand 317,729 284, 169 Total cash and cash equivalents 317,729 284, 169 Page 26
HARTLEPOOL CARERS (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 19. ANALYSIS OF CHANGES IN NET DEBT At 1 April 2023 Cash flows At 31 March 2024 Cash at bank and in hand 284,169 33,560 317,729 284,169 33,560 317,729 20. RELATED PARTY TRANSACTIONS There were no related party transactions during the year. Page 27