|Contents ofthe Financial
Statements|
|---|
|for the Year Ended 31 March 2021|
||||Page||
|---|---|---|---|---|
|Report ofthe Ttnstees||I|to|6|
|Report ofthe Independent
Auditors||7|to|g|
|Statement ofFinancial|Activities||||
|Balance Sheet|||10||
|Cash Flow Statement|||||
|Notes to the Cash Flow Statement|||12||
|Notes to the Financial|Statements|13 to||25|
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||||Statement of|Statement of|Financial Activities|Financial Activities|||
|---|---|---|---|---|---|---|---|---|
||||for the|Year Ended 31Mmch||2021|||
||||||||2021|2020|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|fund|funds|funds|
|||||Notes|8|g|||
|INCOME|||||||||
|Grants &Donations||||2|201,606||201,606|211,595|
|Charitable
activities||||5|||||
|Charitable
Activities|||||446,082|452,434|898,516|659,936|
|Other Income
Investment
Income||||3
4|37,539
560||37,539
560|~1403|
|Total|||||685,787|452,434|1,138,221|872,934|
|EXPENDITURE|||||||||
|Raising funds||||6|12,846||12,846|8,593|
|Charitable
activities|||||||||
|Carers Support|||||590,330|278,281|868,611|616,231|
|Total|||||603,176|278,281|881,457|624,824|
|Net income/(expenditure)||and net|movement|in|82,611|174,153|256,764|248,110|
|funds for the year|||||||||
|RECONCILIATION|OF|FUNDS|||||||
|Transfer offunds|||||(18,207)|18,207|||
|Total funds brought|fomvard||||768,658|168,525|937,183|689,073|
|TOTAL FUNDS CARRIED FORWARD|||||~833062|~360885|1&193&947|937183|
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||Balance Sheet|||
|---|---|---|---|
||31 March 2021|||
|||2021|2020|
||Notes|||
|FIXED ASSETS||||
|Tangible assets||7,971|6,273|
|CURRENT ASSETS||||
|Debtors|12|137,300|52,915|
|Cash atbank and in hand||1,128,022|904773|
|||1,265,322|957,688|
|CREDITORS||||
|Amounts
falling due within one year|13|(79,346)|(26,778)|
|NKT CURRENT ASSETS||1,185,976|930,910|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||1,193,947|937,183|
|NET ASSETS||~1193947|~937 183|
|FUNDS|15|||
|Unrestricted
funds:||||
|General||380,632|351,728|
|Designated||452,430|416,930|
|Restricted
funds||360,885|~168525|
|TOTAL FUNDS||3793947|~937 lll3|
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|||Cash Flow Statement|||
|---|---|---|---|---|
|||for the Year Ended 31March|2021||
||||2021|2020|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated
fiom operations|||228,915|167512|
|Net cash provided
by operating
activities|||228,915|167512|
|Cash flows from investing|activities||||
|Interest Income
Purchase oftangible fixed assets|||560
~6,226|1,403|
|Net cash (used in)/provided|by investing|activities|(5,666)|1,403|
|Change in cash and cash equivalents||in|||
|the reporting
period|||223,249|168,915|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||904,773|735,858|
|Cash anil cash equivalents|at the end|of|||
|the reporting
period|||1,128,022|904,773|
##
||Notes to the Cash Flow Statement
for the Year Ended 31March 2021|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|||
|---|---|---|---|---|---|
||RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM|||OPERATING||
||ACTIVITIES|||||
|||||2021|2020|
||Net income for the|reporting|period (as per the Statement ofFinancial|||
||Activities)|||256,764|248,110|
||Adjustments
for:|||||
||Depreciation|||4,528|3,634|
||Interest Income|||(560)|(1,403)|
||Decrease / (increase) in debtors|||(84,385)|(43,245)|
||Decrease
/ (increase) in creditors|||52 568|~39 584|
||Net cash provided|by operations||228,915|167512|
|2,|ANALYSIS OF CHANGES IN NET FUNDS|||||
||||At 1.4.20|Cash flow|At 31.3.21|
||||8|||
||Net cash|||||
||Cash at bank and in|hand|~904773|~223 249|~1128022|
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||||Unrestrtcted|||
|---|---|---|---|---|---|
||||Fund|2021|2020|
|L.B.Enfield||—Core Carers Grant|||175,000|
|L.B.Enfield||—CCG Section 75|||35,000|
|Donation-|Carers Trust Lea Valley Crossroads||192,552|192,552||
|Donations|||9053|9053|I 595|
|Total|||~201 606|201 606|~211595|
##
||||2021f|2020|
|---|---|---|---|---|
||L.B.Enfield|- Workforce Capacity Grant|10,000||
||L.B,Enfield|- IPC Payment|12,372||
||L.B.Enfield|—Covid 19PPE Payment|5,756||
||HMRC
—JRS Grant||7,149||
||Furlough
Grant||2,204||
||Miscellaneous|Income|58||
||||37,539||
|4.|INVESTMENT INCOME||||
||||2021|2020|
||||f.||
||Bank Deposit|Income|560|~1403|
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|INCOME FROM CHAIIITABLE ACTI|VITIES||||
|---|---|---|---|---|
||Unrestricted|Restricted|||
||Fund|Fund|2021|2020|
|Grant and contract income:|||||
|Strategic Support Funding|324,959||324,959|341,536|
|Carers Assessment
Project||310,707|310,707|110,000|
|EyPIC
—Young Carers Project||50,435|50,435|68,028|
|Home From Hospital Project||25,000|25,000|25,000|
|Global Make Some Noise||45,000|45,000||
|Age UK —ICAN||21,292|21,292||
|Older Carem Benefits &Advice Project||||37,000|
|Carers GP &Hospital
Support Project||||31,500|
|CEPN Safer Discharge Project||||40,000|
|Enfield Voluntary
Action|6,865||6,865||
|London Borough ofEnfield - Vaccination|||||
|Grant|880||880||
|Home Care Services|108,863||108,863||
|User contributions
and other income|4 515||4 515|6872|
|Total|~446 082|4~52 434|~898 516|~659936|
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|||||Raising|Raising|Carers|||
|---|---|---|---|---|---|---|---|---|
|||||Funds||Support|2021|2020|
|||||g|||||
|Staff costs||||12,262||596,417|608,679|407,510|
|Communication||and IT|costs|||39,654|39,654|47,653|
|Premises and|equipment||cost|||60,828|60,828|61,342|
|Other direct|costs|||||113,981|113,981|72,139|
|Support costs||(Note 7)|||467|46,210|46,677|28,908|
|Governance|costs (Note||7)||116|11523|11639|7 272|
|Total||||~12|846|~868 611|~881 457|~624 824|
##
|||General|Governance|||
|---|---|---|---|---|---|
|||Support|Function|2021|2020|
|General|office staff costs||4,445|4,445|2,977|
|Premises|office costs|3,201||3,201|2,872|
|Communication
and IT costs||29,183|634|29,183|12,608|
|Professional
expenses||11,668||11,668|10,906|
|Insurance||48||48|1,145|
|Miscellaneous
expenses||2,576||2,576|1,772|
|Training|Expense||560|560|300|
|Auditor's|remuneration||6000|6000|3 600|
|Total||~46677|~11639|58316|3~6180|
##
|||2021|2020|
|---|---|---|---|
||||g|
|Auditor's|remuneration|6,000|3,600|
|Depreciation||4 528|3,634|
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|STAFF|COSTS|||
|---|---|---|---|
|||2021|2020|
|Salaries||558,492|367,719|
|National|Insurance|40,985|29,445|
|Pension||13647|7 133|
|||613124|4~04 297|
||||2021|2020|
|---|---|---|---|---|
|Direct|charitable|work|23|14|
||||Notes to the Financial Statements - continued|||
|---|---|---|---|---|---|
||||for the Year Ended 31March 2021|||
|11.|TANGIBLE|FIXEDASSETS||||
||||Fixtures|||
||||and|Computer||
||||fittings|equipment|Totals|
||||||f.|
||COST|||||
||At 1 April 2020||11,537|48,277|59,814|
||Additions|||6226|6226|
||At 31March|2021|11537|54 503|66 040|
||DEPRECIATION|||||
||At 1 April 2020||11,537|42,004|53,541|
||Charge for year|||~4528|4 528|
||At 31 March|2021|11,537|46 532|58069|
||NET BOOK|VALUE||||
||At 31 March|2021||~7971|~7971|
||At 31 March|2020||6,273|6 273|
|12.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONK YEAR||||
|||||2021|2020|
||Trade debtors|||124,656|40,708|
||Other debtors|||2,204|2,419|
||Prepayments|and accrued income||10,440|9,788|
|||||137,300|52,915|
|13.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2021|2020|
|||||f.||
||Trade creditors|||13,208|2,406|
||Social security and other taxes|||18,547||
||Other creditors||||3,669|
||Accnials|||40,091|13,203|
||Defen'cd income (Note 17)|||7500|7500|
|||||~79 346|~26 778|
##
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||Unrestricted|Designated|Restricted||
|---|---|---|---|---|
||Funds|Funds|Funds|2021|
||||f.|f.|
|Tangible Fixed Assets|7,971|||7,971|
|Net Current Assets|372661|452 430|360 885|1 185976|
||380632|4~52 430|3~60 885|~1193947|
||Unrestricted|Designated|Restricted||
|---|---|---|---|---|
||F'unds|Funds|Funds|2020|
||f|f.|||
|Tangible Fixed Assets|6,273|||6,273|
|Net Cun ent Assets|345 455|416930|168525|930910|
||~351728|~416930|~168525|9~37 183|
##
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|||Balance as at||||Balance as at|
|---|---|---|---|---|---|---|
|||01.04.20|Income|Expenditure|Transfers|31.03.21|
|Restricted funds:|||||||
|Carers Assessment
Project||35,750|310,707|103,982||242,475|
|EYPIC —Young Carers|Project|1,801|50,435|70,443|18,207||
|Carers Fire Prevention|Project|8,867||||8,867|
|CEPN Safer Discharge|Project|72,244||12,413||59,831|
|Carers GP &Hospital|Support||||||
|Project||38,952||||38,952|
|Older Carers Benefits &.Advice|||||||
|Project||9,526||9,526|||
|Replacement
Care for|||||||
|Ambassadors||1,385||||1,385|
|Honte From Hospital Project|||25,000|25,000|||
|Global Make Some Noise|||45,000|44,699||301|
|Age UK —ICAN|||21 292|12218||9074|
|Total restricted
funds||~168 525|~452 434|~278 281|~18 207|3~60 885|
|Unrestricted
funds:|||||||
|Designated
funds:|||||||
|Development
Fund||260,120||||260,120|
|Services for Young Carers||72,000||||72,000|
|Carers Benefits Advice||44,810||||44,810|
|Carers GP &Hospital|Support|40,000||||40,000|
|Transition
Project Staff|||||35,500|35,500|
|||416,930|||35,500|452,430|
|General funds||351 728|685 787|603 176|53 707|380 632|
|Total unrestricted
funds||~768 658|~685 787|603 176|18207|8~33 062|
|Total funds||~937 183|~1138221|~881 457||~1193947|
##
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|||Balance as at||||Balance as at|
|---|---|---|---|---|---|---|
|||01.04.19|Income|Expenditure|Transfers|31.03.20|
|||8|||f.|8|
|Restricted funds:|||||||
|Carers Assessment
Project||26,237|110,000|100,487||35,750|
|EyPIC - Young Carers|Project||68,028|66,227||1,801|
|Carers Fire Prevention|Project|8,867||||8,867|
|CEPN Safer Discharge|Project|46,252|40,000|14,008||72,244|
|Carers GP &Hospital|Support||||||
|project||32,830|31,500|25,378||38,952|
|Older Carers Benefits &Advice|||||||
|project||8,198|37,000|35,672||9,526|
|Replaceiuent
care for|||||||
|Ambassadors||1 500||115||1,385|
|Hoiue From Hospital Project|||25 000|25 000|||
|Total restricted
funds||~123 884|~311528|~266 887||~16&525|
|Unrestricted
funds:|||||||
|Designated
funds:|||||||
|Developiuent
Fund||60,120|||200,000|260,120|
|Services for Young Carers||57,293||57,293|72,000|72,000|
|Carers Benefits Advice|||||44,810|44,810|
|Carers GP &Hospital|Support||||40,000|40,000|
|||117,413||57,293|356,810|416,930|
|General funds||447 776|561406|300644|~356810|351 728|
|Total unrestricted
funds||565 189|561 406|3~57937||7~68 658|
|Total funds||~689 073|~872 934|~624 824||9~37 183|
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||||2021|2020|
|---|---|---|---|---|
||||f.||
|Balance|as at 1st|April|7,500|7,500|
|Amount|released|to income in the year|||
|Amount|deferred|in the year|||
|Balance|as at 31stMarcli||~7500|~7500|
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