CARESCO
meeting needs in our local community
i•
Ilill
The Queen's Award
for Voluntary Service
ANNUAL REPORT
2022 - 2023
Registered Company Number 7513432
Registered Charity Number 1140728
CARESCOAnnual Report2022-23

## Have you visited our website yet? 


⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫ ⚫ www.caresco.org.uk 








Welcome to our
ANNUAL
REPORT
1 St April 2022 to 31 St March 2023
For information on anything in this Annual Report,
please contact:
The CARESCO Office
Green End Road, Sawtry
Huntingdon, Cambridgeshire PE28 SUX
Monday- Friday, 9am- 12 noon
On 07487832705
Email: office@caresco.org.uk
Or visit our website at
IYIYIY. CARESCO.OR6. UK
CARESCOAnnual Report2022-23

CONTENTS
PAGE
Introduction
Chairman's Report
Treasurer's Report
Grants
Manager's Report
CARESCO Volunteers
Queen's Award For Voluntary Service
Community Support
Green End Day Club
Sawtry Eye
Charity Shop
The Cave
Chatterbox
Coffee Shop
Car Scheme
Sounds Good
Christmas Day Party
Sawtry Foodbank
20
Fundraising
22
The Story So Far.
23
Management Committee
23
Published by CARESCO
Printed by Clanpress, Kings Lynn
January 2024
CARESCOAnnual Report202323

INTRODUCTION
Objects: CARESCO'S objectives are. To advance any charitable purposes for the benefit of the
community of Sawtry and satellite villages, in the county of Cambridgeshire, and in particular the
relief of persons in need within the area of benefit.
To identify welfare needs of individua15 and groups in Sawtry and its satellite villages, devising
mean5 to meet those needs, with the help of volunteers, and to enlist the backing and co-operation
of the 5tatutOry5ervice5, existing voluntary organisation5 and any other medium..
Taken from CARESC(Ys Articles of Association
Social Aims: To improve the lives of local people, in particular focusing on early inteNention by
providing a range of social activities and encouraging participation. CARESCO also aims to
encourage social cohesion through supporting local people in a time of crisis and facilitating
communication. while offering others an opportunity to concentrate their energy and effort into
the community in a positive manner by volunteering.
Activities: As the world moved beyond the pandemic with the past two years seeming
something of a bad dream, it became clear that once the vaccination had became available, the
risks of infection by meeting in-person were much lower than the risks to the mental health and
wellbeing for many. Many lessons have been learned should we face another pandemic shortly.
The car scheme is still, along with many similar schemes nationally, campaigning for a change in the
legal limit to the mileage rate that can be claimed from passengers to cover expenses following the
significant rise in the cost of fuel.
Demand for the foodbank's support has fluctuated during the year, with additional government
support for low income households and increasing energy costs seeming to be a key influence. For
many, the winter months meant choosing between heating and eating.
Our day club has evolved and expanded to cover a wider age range and club members looking for
company, support, entertainment and a good meal. While transport has been an ongoing issue, the
team have worked hard to bring in new members and volunteers who enjoy time together.
All our activities are co-ordinated by a small team of paid part-time staff, supported by a large
number of volunteers. We aim to ensure that the sole qualification for volunteer recruitment shall
be the suitability to perform the required task. We welcome service users from within our
geographical area regardless of background, gender, or faith. The only restriction being our ability
to meet their care needs. Most of our activities charge a modest fee for attendance to help with
running costs while aiming to ensure no one is excluded by price.
Public Benefit: Throughout the year the CARESCO trustees have continued to have regard to
the guidance issued by the Charity Commission on public benefit when reviewing aims and
objectives and in planning future activities.
CARESCO works to bring local residents together through a wide range of activities and interests.
By encouraging people to engage and socialise, friendships are formed, people find a productive
use of their time and our community grows stronger. Many individuals, by being involved as
service users or volunteers, maintain their independence for longer than and thereby prevent or
delay a need for more intensive levels of care.
In addition, CARESCO also runs trading activities: a weekly café and a charity shop, which while also
providing a service are social enterprises Wlth any profit reinvested back into the organisation.
The impact of being involved has on people's well being and mental health is immeasurable.
CARESCO has worked to include everyone who has expressed an interest in being part of the
charity, or using one or more of the activities. For example, this can be a volunteer having a chat on
the doorstep while dropping off a prescription to baking a cake for one of our support groups.
CARESCOAnnual Report2022-23

CHAIRMAN'S REPORT
As Sawtry and the neighbouring villages continues to grow, we must spread
the word about what we can do for people, and what they can do for us. We
can post on social media, advertise in the Sawtry Eye and get the local papers
involved but, in my experience, the best advert for CARESCO comes from us,.
word of mouth. The more we spread the word, the greater our coverage will
be. 50, if something is making you happy at CARESCO, then please share it
with your friends and family - and anyone else who will listen!
CARE5CO continues to develop with you all in mind. A huge amount of hard
work goes on behind the scenes. If you think you could help us by being a volunteer, please come
and see usl There are volunteering opportunities for all. Hard work at times,. yes, but very
rewarding.
One minor step for us can make a big positive difference to somebody's life. Whether it's a chat at
the Charity Shop, cake at the Coffee Shop, fun at the Green End Day Club, banter at the Cave,
support at Chatterbox or much needed help from the Foodbank; we are there for YOU.
I would like to take this opportunity to say a massive thank you to our superb team of volunteers;
those who give up their time happily to help others. Of course, these sincere thanks also extend to
our great team of staff. We are all be proud to be part of CARESCO.
CARESCO still has the community within 5awtry and the surrounding villages firmly in our hearts.
We strive to do our very best for all concerned. This includes our volunteers, our service users and
of course, our staff.
After all the uncertainty of the past, we have listened and learnt. We have been patient. We are
now stronger than ever. We are CARESCO. Come and join us on our journey into the future to
improve the lives ofthose who need us.
Thankyou again. Be happy and keep safe.
Tina Campbell
TREASURER'S REPORT
Like the blink of an eye, another financial year has come and gone. With
the cost of living rising and the ever-looming threat of recession on the
horizon, it has been a challenging year for everyone, in particular the
charitable sector.
Costs are increasing across the board, and we are continually monitoring
and analyzing expenditure to try and keep things down where we can.
There has been a significant fall in income from advertising in the Sawtry
Eye, and attendance at Fundraising events has also decreased. This is not surprising; with the cost
of living continuing to rise, cutbacks are needed by all.
All is not doom and gloom, however. Income from club attendance has increased, which helps to
cover the increase in costs associated with running the Green End Day Club. Charity Shop &
CARESCO Cave sales have also increased slightly on the previous year, and thanks to the efforts of
the staff and volunteers in the Charity Shop, the additional income received from claiming Gift Aid
on donations has increased significantly.
Having learned more during the "COVID Years. about the availability of grant funding, and the
amount of time and effort needed to obtain such funding, the decision was made to add a member
of staff to the Finance Team whose sole responsibility is to research and apply for grants. Dee Pike
has joined the team and so far, things are looking very promising! Many of the grants applied for
will not be decided until after the end of the financial year, but we are hopeful that this will bring a
much-needed new income stream.
CARESCOAnnual Report202323








## Financial Statement 








## Financial Reserves 





















## Grants 




















play a small part in keeping CARE5CO viable and providing their fabulous services to local people.
If anyone is aware of any grant providers or anyone within the CARESCO Groups need a grant for
anything, please do let me know on
rants
caresco.or
.uk. Thank you all.
Denise Pike
GENERAL MANAGER'S REPORT
In April Hunts Forum informed us that we had been successful in our
application for their accreditation scheme'Good to Gd mark. An accolade
that will continue to elevate CARESCO and help us to sustain the good
reputation and high standards for which we are accountable. This mark
supersedes the Recognised Organisation IROI status and like the RO
accreditation is also recognised by Huntingdonshire District Council
IHDCI.
We kicked off our Jubilee weekend in June with a fantastic BBQ for our
service users, staff and volunteers. A lovely atmosphere despite the rain on the day. It really was a
day to rememberl Thank you to everyone who helped to plan this special occasion and the team
who ciFordinated it.
Our region's Integrates Care Systems IICSI draft strategy and new governance came into power in
July. A document which demonstrates a new approach to working in the Health Care Service which
will involve more of a partnered working relationship with the NHS, voluntary sector and other
health care professionals. This means that local organisations could become more involved in
decision making and shaping future provision which is great news for the voluntary sector.
In early July HDC invited a number of community organisations, including CARESCO, to come
forward with a plan for how they could eliminate or reduce health and wellbeing inequality in the
Distrirt. A successful funding application to the ICS was confirmed in July and the Health
Inequalities Project IHIPI was announced. We signed the Memorandum of Understanding in August
2022, which allowed us to partner with HDC on this project. The initial direct funds released allowed
us to start putting provision in place in line with our agendas to strengthen the services we are
already providing.
After looking at local data sent to us by HDC, we conducted an in-house suggestion poll. We asked
162 people what they would like us to do with this funding. These people were made up of our
service users, volunteers and staff. Alongside these conversations we had 38 written responses
which identified four categories of gaps in provision: Staff and Volunteers, Training,. Fitness Classes,.
Workshops and Support,. Trips and Travel. A second round of funding was then distributed to us
which has allowed us to tackle some of the gaps highlighted by the poll. A regular Strength and
Balance Class has been incorporated to our timetable, run by Attive Lifestyles weekly from the
CARESCO Centre and paid for by this funding. We have also targeted some awareness campaigns
around Health and Wellbeing through the pages of our Sawtry Eye magazine. We have planned
some training and workshops for the community on Healthy Eating and Mental Health Awareness.
Scams Awareness and First Aid training will be other ways local people can benefit from this
funding. These will be scheduled periodically over the next 12 months. Finally, we will be having a
recipe cookbook printed, to be distributed through Sawtry Foodbank, which gives our service users
knowledge on how to best utilise the items in their food parcel to create easy, family friendly,
healthy meals.
Our annual Sport 4 All event took place in July. Thank you to everyone who helped make this day
the success that it was. We had hundreds of people turn out to try the free activities. The good
weather was also in our favour. It was a successful day, rounding off weeks and months of planning
and organising the logistics. Sadly, this was the last event of this kind that we will be organising
CARESCOAnnual Report202323

with friends at 5awtry Walk to Run as we both focus on other events in our futures.
There have been some changes to our staffing team over the year too. Pat Ayres has left her
managerfs role at GEDC. Pat has been a part of the CARESCO team for over 26 years, but thankfully
she still remains part of the organisation through her various volunteering roles. We have
welcomed a new staff member Dee as our the Grants Officer in the Autumn. Dee has hit the
ground running with enthusiasm and great ideas of how to develop this new role at CARESCO.
Trustee Heather Thompson, has left CARESCO and her role at the Cave. Heather was instrumental
in steering the Man Cave provision from its inception and I have no doubt the Cavers will miss her
input. Dave Dougherty has stepped into the Trustee role with a special interest in the Cave. Anne
Whiley, who has volunteered in the Foodbank and also now the Charity Shop for a number of years
has decided to take on a new task within CARESCO as a Trustee.
By the beginning of April our online minibus fundraising appeal reached its first target of £10,000,
which we reset to £15,000. Online donations via the JustGiving page totalled only 9% of the target.
The other 91% was down to offline donations and it was decided that we would sign up to a leased
vehicle contract. During the Summer months the problems we were incurring without a minibus
was magnified by a reduced number of volunteer drivers. A decision was made to purchase a
second-hand minibus which would have a quicker lead time than waiting for a leased vehicle.
The new minibus arrived in Ottober and unfortunately the first few weeks were bumpy as the
challenges of owning a vehicle and the upkeep involved were highlighted to us. Following an extra
ordinary meeting in November, it was agreed to expand our staff team by employing a bus driver.
We welcomed David Bolton to our staff team in early January. With the minibus's reliability
becoming intermittent, the trustees then decided to investigate a leased vehicle option again but
unfortunately the lead time and high demand on these types of vehicles has left us vulnerable to
transport issues once again.
A decision was made in February to purchase a car which we can use as an interim vehicle whilst
we wait for our leased minibus. After some research we had identified that a Citroen Berlingo has
ample space in the back for three passengers, high ceilings and sliding doors which will help with
easier access. The boot is also spacious enough to fit a collapsible chair or walker. We have been
utilising the vehicle for a few weeks now and l am delighted to report back that it has helped ease
the transport issues we were facing and so far, has proven to be a sensible and practical move.
Local communities have stepped up in many ways to support their neighbours through the cost of
living crisis. We were approached by HDC to be part of a new Winter initiative called 'Warm
Spaces,. HDC wanted to support the community and by working with our local partners, building
on the great work we did during the pandemic, to create a network of Warm Spaces, a group of
safe and accessible places where people can come together to stay warm. The intention was to
create a directory of existing community facilities across the public, private, health and voluntary
sectors that can be used for a range of purposes. Three of our existing activities were put forward
as Warm Spaces,. These were the Cave, Green End Day Club and the Coffee Shop. All areas of
activity are thriving and have seen an increase in service users over the winter months. I would
anticipate that the increase in demand on our services will continue throughout the Spring too.
A considerable amount of work has gone into reorganising some of the office space that was
underutilised at the Centre. Thanks to a donation of furniture and office desks we have
transformed the old collating room into a space where staff and volunteers can 'hot desk,.
multifunctional space which is tidy and organised and l am pleased to say that it has already
encouraged a few staff who were working more remotely to be in this office more.
In late November we enjoyed celebrating CARESCO'S 40th birthday at our Afternoon Tea. We had
104 guests successfully RSVP out of 146 invites that were sent out. The food was provided by
Sawtry Club Sandwiches. Thanks to a 'Potted history of CARESCO,, I was able to create a new
graphic replicating a timeline of events over the last 40 years for us all to enjoy.
Emma Flanz
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## CARESCO Volunteers 
















































## Queen’s award for Voluntary serViCe 




















the scenes organising press releases and updating the website which all made for a smooth launch
at 9am on 2nd June 2022, the Jubilee Bank Holiday. We even managed to sneak in two
photographers from the local press for a photo opportunity at our Jubilee BBQ without anyone
twigging as to why they were there. We featured in three local newspapers that week.
One of our current trustees toured the village and managed to visit our President and four former
trustees delivering the news in person and offering a first look at the press-release. Whilst others
were busy emailing our staff, volunteers and other organisations we partner with to share our good
news.
To be able to announce this in conjunction with the Queen's Platinum Jubilee celebrations made
the news even more special. l also was able to design an in-house certificate which was eventually
distributed to all our volunteers.
On Wednesday 24th August 2022 we hosted the Lord Lieutenant of Cambridgeshire, Mrs Julie
Spence OBE QPM, and her Deputy Mr Neil McKitrick who presented us with both our official
certificate and the beautiful Queen's Award. We were delighted that over 50 of our current
volunteers were able to attend, representing all areas of the organisation and witnessing this
momentous occasion. We were in good company with lots of our local Councillors including the
Chairman of Huntingdon District Council, Cllr Michael Burke, Councillor Simon Bywater and
Councillor Ross Martin.
It was also lovely to be able to welcome Maurice Dybeck back into the CARESCO Centre who had
made the trip from up North to be part of the event representing his wife and our founder, Marjorie,
and of course our very proud President John Garner.
A lot of preparations went into hosting this event and special thanks should go to our trustee
Elizabeth Coates for all her time and energy into preparing and giving the official CARESCO
acceptance speech on the day. President John Garner also made a speech noting some historical
elements of our past.
To quote from Elizabeth's speech:
his award honour5 all of us - every individual who 15 or has ever been part of CARESCO,
since Marjorie Dybeck and her team of volunteers Set U5 up 40 years ago.
What a wonderful reward and privilege to receive thi5 recognition from the highest award
given to voluntary groups across the country, in acknowledgment of all that CARESCO does
for the community. But it has given u5 great fulfilment and pleasure reaching out to those
who require our sUPPOrt. tackling tough challenges, and breaking new ground in response
to fresh ones, such as the recent pandemic, forging new relationship5 Wlth likeminded
organi5ations and maintaining our existing link5 and of course we ve had a lot of fun along
the way too."
Emma Flanz
COMMUNITY SUPPORT
Volunteer Co-ordinator:
Jenny Mortimer
Aims..
To provide sUPPOrt to those needing
help with everyday errand5
Jenny joined our team over a year ago now when she took on the
Co-ordination of this service. In her role she is supported by a great team of
volunteers and we are very grateful for all their hard work.
The statisticslsee table) continue to prove that there is a need in our community for volunteers to
complete errands such as shopping trips and prescription deliveries. The volunteer numbers have
remained consistent.
CARESCOAnnual Report2022-23

|**Month**|**Prescription**<br>**Deliveries**|**Shopping**<br>**Trips**||**Month**|**Prescription**<br>**Deliveries**|**Shopping**<br>**Trips**|
|---|---|---|---|---|---|---|
|April 2022|22|4||October 2022|62|5|
|May 2022|106|7||November 2022|61|6|
|June 2022|71|6||December 2022|48|5|
|July 2022|82|5||January 2023|69|6|
|August 2022|66|6||February 2023|80|8|
|September 2022|81|4||March 2023|101|11|






## Green End Day Club 
















































rapport with our members.
We have also had two new volunteers join us. They have fitted in very well and as always, we are so
grateful to all of our volunteers for all their help and support throughout the year.
Vicki Currington. Suzanne Millman & Helen Trebes
SAWTRY EYE
Editor5:
Liz Coates & Marina Joyce
Donna Green
Designer.
Bi-monthly: February, April, June, August, Ottober & December
Distribution: Conington, the Giddings, Glatton, Holme, Sawtry.
Upton and Winwick
Aims..
To edit, produce and distribute a community magazine funded by advertising
The Sawtry Eye team have continued to work hard through the year producing the bimonthly
magazine to circulate local community news to every house in Sawtry and surrounding smaller
villages. Our thanks to all our contributors who have continued to faithfully send in their updates
each time. While social media can go a long way to get people's message out, we believe there is
still room for a local magazine delivered to the door, particularly for those who are not online.
Our thanks to all our advertisers over the year for their continued support which enables the
Sawtry Eye to continue. We know that many continue to receive work through their inclusion and
that many of our readers rely on the magazine to find local tradesmen.
The past year has been a challenging one for the Sawtry Eye. While costs and circulation numbers
have continued to increase, as with all print media, advertising has been slowing dropping.
Inevitably thi5 cannot continue indefinitely and the team are working together to explore options
and to seek additional external funding. The solution will probably be a combination of a number of
changes and this work will be ongoing for a while.
My thanks as always to my fellow editor, Marina and volunteer graphic designer Donna for their
unfailing support and partnership throughout the year. We are grateful to our distribution team
who get the copies delivered whatever the weather. Our thanks also to the team at Clanpress who
print 3500 hard copies ready for circulation.
Liz Coates
CHARITY SHOP
Manager:
Supeprfisor:
Venue:
Sharon Dougherty
Tina Drage
7 Greenways, 5awtry, PE28 SUR,
Monday- Friday: 9am- 4.30pm
Saturday: 9am- 4pm
Sunday.. Closed
E- shop@caresco.org.ul' T- 01487 208026
When:
Contact:
Aims..
To provide a local Iow-C05t recycling seNice for the community while raising
funds to enable the wider activities of the charity.
13
CARESCOAnnual Report2022-23

It had been a fairly erratic start to the year, the increase in the cost of living meant that Customers
were being more cautious, the Shop continued to offer value for money to support the community.
We have had several Lucky Number offers throughout the year which is always another good way
offundraising for the activities that CARESCO offer the community.
Our Late Queen featured in the Shop window twice, once to celebrate the Platinum Jubilee where
she made a personal appearance, taking part in our Jubilee Scarecrow Trail. The other occasion was
more sombre where we acknowledged the sad death of Her Royal Highness. The Queens Award for
Voluntary Service, which we received in June, was made to feel even more special knowing it was
amongst one of the last she will have awarded during her long reign. we are all very proud to have
received it.
During the warmer months we took part in the Carnival offering 3 events, Tin Can Alley, Crossbow
Target Shoot and a Bric a Brac stall, these were very popular and were enjoyed by everyone that
stopped to pay us a visit. We also supported the Sawtry Sport 4 All offering good old-fashioned
races that both Children and Adults seemed to enjoy.
The Charity Shop held its first Fashion Show in October at the 5awtry social Club. This was a huge
success and a lot of fun. Everyone who took part whether on the cat walk, front of house or behind
the scenes wore outfits from the Charity Shop, these were then offered for sale at the end of the
evening. Whilst it was a good opportunity to raise funds for our charity, it was predominantly a
chance to promote the Shop. We think this worked extremely well and we will, hopefully, be
repeating this again.
As Christmas approached we were invited to be part of a Charity Table Top Sale which was being
held at the Sawtry Social Club. Here we sold our Christmas Hampers. Our Christmas window theme
was 'Shine' this included a huge silver bowl of baubles, a rotating glitter ball and lots of things that
were silver and sparklyl We featured an Advent Calendar on our Social Media page which involved
some of our volunteers and staff supplying a photograph, poem, a special memory or a paragraph
of what Christmas meant to them. It was lovely to see a different post each day through to
Christmas Day, a real Team effort! We all gathered at the shop on Christmas Eve and reflected on
what a year it had been and wondered what the New Year would bring, our Iothyear of trading.
Throughout the year we have taken a total of 5,030 units of donations. We have refined the booking
system even more so which means we are now raising funds for CARESCO within I day of items
being donated rather than 3 in the previous year, this is a great achievement. We also take clothing
that may be past it's best and unsellable, another way of raising funds and also a great way of
recycling. Because of the booking system we have continued to register new people willing to gift
aid the proceeds from selling their donations, this has continued to increase our gift aid claim. From
April 2022 to March 2023 we have registered 128 new gift aid donors and managed to update the
details of another 38 pre-existing donors.
Having our own dedicated PAT tester inhouse has proved to be a very successful move. 610 items
were tested during April 22 and March 23 which brings the total items tested since we started in
2021 to 1,237 items. another great achievement by the ShopTeam.
Our Books, CD'S and DVD'S continue to be Ziffited which helps to boost our sales. During the last
financial year, we sold over12,000 BookslDVDslCDs to customers,just amazing.
Our Shop has had several themed rails and displays to help acknowledge different eventslactivities
throughout the year - Valentine's Day, Mothering Sunday, Easter, Jubilee, Sawtry Sport 4 All,
Halloween, our 80's Disco to name but a few. Our themed rails seem to be very popular and make it
a little easier for Customers to find that perfect costume.
Towards the end of the Financial Year the shop front received some essential repairs. Thank You to
ourTrustee, Dave Dougherty, for donating his time and expertise to carry out these repairs.
We continue to support our Fundraising events by selling Tickets, Quiz Sheets, Wooden Hearts,
anything that we can do to boost our Charity's much needed funds.
Our Social Media page continues to grow, we have over 600 followers to date. It is a great way to
CARESCOAnnual Report202323
14

promote things that we are offering at the shop and the great many achievements throughout the
year.
For the Volunteers we have also had two Social Gatherings which helps to bring our team of 34
together and generally have a good catch upl We also had a Volunteers meeting in October which
was well attended and gave us an opportunity to share new ideas and any concerns that we may
have had.
We have welcomed 3 new Volunteers to the shop during the months of March to April, One as a
permanent cover and two as relief. One of our Volunteers, very sadly, passed away in March.
Dot Fowler was with us for 9 years and looked after the ironing at the shop. She will be greatly
missed. The Shops sales have still not recovered to the level they were before Covid, we're not sure
if they ever will but the one thing we and you can be sure of at all times is that the Staff and
Volunteers are working away behind the scenes to ensure you always have the best bargains that
money can buy and service that is second to none. Thank You, as always. for your much needed
and continued support.
Sharon Dougherty
THE CAVE
Manager:
Venue:
Shaun Pollock
Sawtry Community Centre
Monday, Tuesday &Thursday, 9-1 pm
When:
Aims..
To provide a safe space to build friendships
while sharing expertlse and passing on knowledge
Following a year of change, this year has been much more stable and the positive atmosphere of
the Cave has been restored. Over the year we have gained a number of new members, all of whom
have brought a range of additional skills to the Cave. On a daily basis, we usually have 14 cavers
busy on various projects and some days we have had 18 attendees. We continue to provide services
to the community and have welcomed visitors to the Cave throughout the year. We have also been
very fortunate to have pieces of equipment donated to us that broadens the Cavers knowledge and
skills.
Having such a wide skill set amongst the Cavers, the projects being undertaken are varied. Towards
the end of 2022, our creative
members were kept busy when a
customer
ordered
Halloween
artefacts for their garden display.
This meant that on some days it
looked as though a massacre had
taken place as the hand-made axes
and chopping block were bloodied.
A stunning Grim Reaper scythe head
was designed and gravestones were
constructed and engraved. The
customer provided some of the
materials and made a donation to
cover everything else we required.
This has led to further requests of bespoke items to be made. These have ranged from giant Rubik's
cubes and a large ghetto blaster for the 1980's themed disco to name plates for houses and signs
for community events. We have continued to offer garden bench renovations and 'made the day, of
PioJEctsComleledlntheCARESCOCdYe
15
CARESCOAnnual Report2022-23

one customer who was delighted with the overhaul of their bench. When they had dropped it off
they had actually questioned whether it was even repairable. In the other areas of the workshop,
chairs have been repaired, unique Christmas Tree dresses have been made and unwanted furniture
has been repurposed. A reading chair was made from a small set of drawers and we're currently
finishing converting an old dresser into a hot drinks station for the CARESCO Centre. In addition, the
electrical room is kept steadily busy with a constant stream of PAT testing, electrical repairs and
watch repairs. Many of the items that are PAT tested are donations to be sold to raise valuable funds
for the charity. We are also fortunate to have one or two Cavers who are able to repair bicycles and
sewing machines which we maintain and service for their owners.
This year we have welcomed a number of visitors to the Cave. In November, we were joined by a
team from Polygon UK who gave us 4 hours of their day and got hands on helping to make and
decorate various Christmas decorations which were then sold at number of Christmas fetes. In
December, we welcomed back 21 children attending Kids Zone. They also had the chance to get
hands on and all made their own, personalised Christmas decorations to take away. More recently,
we welcomed members of the Parish Council and were fortunate that two members chose to stay
with us after a tour.
Last year it was decided to better signpost the Cave so that people were able to find us more easily.
A large sign has been erected above the door and a portable 'flag signpost, has been purchased.
Unfortunately, the latter can only be put out on days when the weather is suitable. The Cave was
open on the Sawtry Carnival Day again this day and received visitors of all ages. This year we offered
a range of activities for anyone to participate in,. they had the opportunity to make their own
coasters, key rings and various origami products. Needless to say on such a hot day the origami fan
proved very popular. Following on from the success of last year's CARESCO Cave Open Day, two
more are planned for this year.. one in July and another in August. As With last year, the Open Days
will be specifically aimed at allowing members of the Community to visit for longer. make more
enquires and get hands-on.
First and foremost the Cave aims to continue to offer the opportunity for users to socialise in a safe,
relaxed environment although new members may also have skills to offer or simply have skillsl
knowledge that they would like to learn. As this year continues, we look forward to welcoming
more new members. Regardless of your age or gender, whether you are able-bodied, have
disabilities or mental health issues - you will be extremely welcome.
Shaun Pollock
CHATTERBOX
Volunteer Co-ordinator:
Venue:
Alison Scott
CARE5CO Centre
When:
Second & Fourth Monday from 2- 4pm
Aims."
To provide peer support, advice and
friendship for family carer5 and those for
whom they care.
The sessions are continuing to be popular and are still maintaining high levels of member numbers
compared with before Covid. The social element of the support system is a key aspect of
Chatterbox.
Unfortunately, we lost Helen, one of 2 Chatterbox volunteers, to another volunteering role. Which
left Ali, our other Chatterbox volunteer. Ali continues to co-ordinate and organise things and has
been very proactive with forward planning activities for future sessions. Thank you, Ali, for all your
support over the last 12 months. A big thank you must also go to our volunteer bakers who have
CARESCOAnnual Report202323
16

consistently provided baked sweet and savoury treats all year to this activity.
During the summer months we welcomed 2 new members putting our regular attendees total to
around 16. Some of our Chatterboxers joined in for our Jubilee celebratory BBQ in June and were
keen to learn all about what our Queens Award for Volunteer Service means to the organisation.
In August we celebrated another year of Chatterbox with the annual BBQ. Thanks to Ben who
cooked the food, and to each member who offered to bring a dish which made up the generous
provision of food for the day. Its always a highlight in our annual calendar.
The final session for 2022 our Chatterbox team enjoyed a festive themed event with Twink
returning to create some Christmas floral table decorations and it rounded off the year well. All the
members then met for the annual panto outingjust before Christmas.
During the first sessions of 2023 we werejoined by the sounds Good members who entertained the
group with singing, and a bit of acting. The Chatterbox team are always eager to hear about other
areas of CARESCO and l always make sure there is plenty of information on hand. This particular
group are always keen tojoin in at a CARE5CO quiz or Quiz supper and frequently commit a team to
our other fundraising activities too.
Emma Flanz
COFFEE SHOP
Volunteer Co-ordinator:
Carolyn Watts
CARESCO Centre
ss SS
Venue:
When:
Friday, 9- 11.30am
Aims..
To provide a venue for people to meet up with old friends
and to get to know newones overa cuppa and cake.
Carolyn, our Volunteer Co-ordinator, continues to run
the sessions and also organises the majority of the
preparations including the cake bakers (including
herselfl and her small team of volunteers.
We continue to see a steady flow of customers
attending the Coffee Shop and these numbers have
risen throughout the year,
There is always a
wonderful atmosphere and its lovely to hear all the
laughter and know that everyone is enjoying themselves.
We are grateful to Carolyn for all her hard work and also to her two main team members, Liz and
Diana, with Debbie acting as backup to cover absences. And of course final thanks to all our bakers
for the steady supply of cake to keep us going on a Friday.
Liz Coates
FUNDRAISING
The setup is simple with four easy steps:
1 Contact your bank
2 Give them our bank details
3 Give the reference 'FundingOurFuture"
4 Set your monthly donation amount
If you are a UK tax payer, ask us for a gift aid form
That's it, you're all set upl Thank you
Funding our Future
oiii You MÉip10 sEciIK CAAESCII'S Flml
17
CARESCOAnnual Report2022-23

CARESCO CAR SCHEME
Volunteer Co-ordinator:
Peter Fox (until June 20231
Steve Robson (from June20231
Daytime weekdays, depending on
availability
T- 07810 476979
When:
Contact:
Aims..
To provide an affordable alternative
for anyone who has difficulty using public transport.
The CARE5CO Car Scheme has thrived over the last 12 months. We have still been concentrating our
journeys on medical trips only, a decision that was made following the pandemic. Peter Fox, our
volunteer co-ordinator gave notice in April of his intention to scale back his commitment to the
administration element of the role. However, he was clear that his intention to remain as a volunteer
driver was a priority.
In June I took over the Car Scheme co-ordination role. A move which I hoped would be temporary
whilst we searched for a more sustainable solution. Upon taking over from Peter, we had 3 drivers
who were able to regularly commit to weekly journeys. The rising fuel prices, cost of living and
number of miles the volunteers have to potentially drive has not added a positive spin to the
recruitment process for incentivising new volunteers. After further investigation it would seem it
was the same scenario at many other local car schemes and volunteer numbers are dwindling
everywhere. The scheme has continued to be very well supported by the local residents, similarly to
the work done via our Community Support team, this is a vital lifeline for many.
The figures below show how busy this service is.
April 2022
26 trips
721 miles
October 2022
9 trips
180 miles
May 2022
23 trips
601 miles
November 2022
19 trips
376 miles
June 2022
20 trips
418 miles
December 2022
12 trips
214 miles
July 2022
23 trips
574 miles
January 2023
16 trips
293 miles
August 2022
18trips
396 miles
February 2023
15 trips
394 miles
September 2022
14trips
456 miles
March 2023
31 trips
796 miles
In August l attended a meeting with the other local car scheme co-ordinators hosted online by
Cambs and Peterborough Combined Authority. It was an opportunity to meet Gavin and Mirella
who run things from the Care Network provision.
In September we welcomed Steve to the car scheme team who was keen to take over the
co-ordinating responsibilities. Allowing a lot more attention and detail to go into the provision.
Steve has proactively taken on the challenge of updating some of our historic records and has
incorporated new ways of working to promote a better practice of working. The winter months
remained busy and we managed to recruit more drivers to put our numbers to 6 regular volunteers.
Implementing quarterly catch ups with the team give an opportunity for the drivers to meet up and
talk about all things Car Scheme related. Plans are also in place to review the mileage levels and the
subsequent costing structure Istill based on 45p per milel using CARESCO site and destination
postcodes to do so.
Emma Flanz
CARESCOAnnual Report202323
18

SOUNDS GOOD
Volunteer Co-ordinator:
PamTuplin
CARESCO Centre
Second & Fourth Fridays, 1.30- 3.00pm
Venue:
When:
Aims..
To provide a friendship group for those
who enjoy all things musical & the
spoken word
In the past twelve months, we have sadly said goodbye to several members, but, although the
group has not grown in numbers (average attendance 141, it has grown hugely in the range and
depth of the various topics covered. We have enjoyed part-singing, playing the kazoo, line dancing,
learning about national anthems, professional pianists, bagpipes, classical and modern poetry, etc.
We have honed our skills at choral speaking, tried our hand at mime and acting and also had a go at
writing limericks. Some of these were more successful than others, the resulting 'sounds' not always
'good: but all challenging and enjoyable. Yes, we sometimes have a singalong, but these sessions
all have a point, and we glean information on the way.
The expertise of members within the group is much valued, several regularly leading a session, and,
from time totime, we have a visiting speaker. Some members are very competent musicians, others
have no experience whatsoever.
Each session, 60 minutes long, is followed by tea and cake. There is no joining fee or subscription
but a voluntary donation of £2 per session helps towards CARESC(Ys costs. We share the
responsibilities for setting up the room, serving and clearing away refreshments, washing up etc.
Two or three times a year, we have been invited by village groups to put together a programme of
poetry, prose, readings, jokes, songs, quizzes etc. on a particular theme, gearing the material to suit
the audience, so it may be just light entertainment, or a thought provoking interpretation of a
theme. These presentations give us the opportunity to use our talents to the full, practising until an
acceptable standard is reached and we feel confident to perform in public.
Although most who attend regularly are retired, we are still very active, alert and willing to try
anything. Members do not always attend every session, one or two prefer to listen rather than take
an active part, but we all come along to enjoy ourselves, take up a challenge and share a common
interest. Think Sawtry U3A.
Pam Tuplin
CHRISTMAS DAY PARTY
Volunteer Co-ordinator:
Tina Campbell
CARESCO Centre
Venue:
When:
Annually on 25th December
Aims..
To provide an opportunity for people
who would otherwise be on their own to
get together on Christmas Day to enjoy a traditional lunch and
celebration.
Yet again 2022 sped past, it was December and time to get ready for the Christmas Day Party. First
task was to ensure that there was enough money in the 'pot' so that all our guests could enjoy a
Christmas Day that they deserve. We had done some fundraising earlier in the year and people
19
CARESCOAnnual Report2022-23

were very kind, as always, with their donations. We were given cakes by Cottage Cakes and cookies;
chocolates from Hotel Chocolat; Lisa did some lovely floral centrepieces,. wine and cheese from
POD; Dee kindly got us a donation of turkeys from Iceland; staff at Zellis gave gifts,. and Pat made us
a lovely dessert. Apologies to anyone I've missed out, but l am so thankful and touched that you all
helped make the day a success.
Once I found out we did have the funds we were off. Buying, ordering and storing the food,
wrapping the presents (thanks Sallyll, getting our lovely volunteers in and prepped and of course,
ensuring that Santa was available for half an hourl Christmas Eve is spent peeling veg, laying tables,
planning a bus route, rotas and generally getting ready so that everything goes smoothly. It never
ceases to amaze me that it alljust seems to come together.
Sally, our chef, an avid Harry Potter fan, did her magic and lunch was fabulous. I think in the end we
had 44 eating in and 6 home deliveries to guests. We do try to encourage those who have
deliveries to join us, but this year there was a couple of people who were poorly last minute and it
was only right that we got their meals to them at home.
We had a guest on the organ, carols, bingo and Play Your Cards Right and lots of laughter. We even
managed to tune in and catch The King's Speech at 3pm. Our new Santa looked very dashing in his
red suit and was assisted by his lovely first Elf Pauline in giving gifts to all the guests.
There was a'goody bag'for everyone when the party came to an end.
This day is so much fun for everyone involved. I think this was my sixth year of Christmas Day
volunteering and I'm hoping that the team will see everyone again this Christmas.
A huge thank you to all involved and fingers crossed we'll celebrating together Christmas 2023.
Tina Campbell
SAWTRY FOODBANK
Manager
Venue:
Pat Furzeland
Sawtry Community Centre
Fridays. 3.00- 5.00pm
E- foodbank@caresco.org.uk
T- 07743 593863
(During session times only, otherwise via the officel
When:
Contact:
Aims..
To provide emergency food for local people in cri515 by working in partnership
with the congregation5 of the Sawtry & Glatton Churche5
The Foodbank has run smoothly this year and both the Summer and Christmas schemes went well.
There was a 10% increase in demand for the Christmas scheme, with 68 families this year.
l introduced weekly recipe cards during the
Summer scheme for families to cook together,,
with ingredients from their food parcel. This was
funded by a grant from HDC. There were 186
children on the scheme over the six-week holiday.
Demand for weekly parcels has seen its normal
fluctuations, and February 2022 was the busiest
month in over a year. This higher demand has
continued through March and was expected due
to the cost-of-living pressures on families.
Steering Group meetings and Volunteer social evenings I meetings continued this year. Both have
been successful in generating ideas and gaining feedback. The social evening was a good way to
CARESCOAnnual Report202323
20

bring the whole team together. We have had four new volunteers join us this year, and two
volunteers leave. l am fortunate to have such a great volunteer team who all work well together
and the valuable input from CARESCO staff members enabled us to have another successful year.
We also welcomed a new volunteerto the Steering Group.
All our current referral agencies are now online and I have added 12 new agencies to the list this
year. The online form has been updated and this form was used for the Summer and Christmas
scheme referrals too. This worked really well and made the admin easier and more accessible.
Debbie and Matt Coates worked hard to set this up and their help was invaluable.
Our stock levels have seen fluctuations during the year but the support from the local community
has remained constant even through these difficult times. Four new donation points were set up
during the year, one of those is in Alconbury. For Easter, we received a large donation of chocolate
eggs from a local gym. To boost stocl we received deliveries from Bankuet, the first in May 2022.
However, they increased their minimum spend to £500 so these deliveries were less frequent, with
the next delivery in March 2023. We received two donations from Princes Food, organised by
Jacqui, in May 2022 and March 2023. In August we received a huge donation of toiletries from
Superdrug in Peterborough. We also began our Shopping Basket Challenge in August, organised by
Jacqui, and this has helped to boost our stock and reached a different group of donors.
Throughout the year, Jacqui has continued to support the Foodbank with fundraising ideas and her
hard work is much appreciated. In September and October, we received lots of donations from
Harvest Festival celebrations in our local community. The appeal for stock for our Christmas scheme
was well supported too. We continued to receive donations from John Green Premier store, Aldi,
Great Gidding store, Consuma Paper Products, Woodwards farm in Winwick and Tesco. We received
donations of pet food from Cromwell vets in Sawtry and we had a large donation of pet food from
Sawtry Village Academy too.
l applied for Grants throughout the year and had success with the following one5..
April 2022 HDC grant for the Summer Scheme stock, of £1 000.
November 2022 Sawtry Parish Council grant for fresh fruit and veg for Christmas. of £500
December 2022 Coop Community Dividend Fund for stock, of £500
Julia and Hans Rausing Foodbank Grant for six months, running costs and stocl of £8058
A total of £10,085
In August, the Foodbank received a visit from the delegation
who came to present the Queen's, Award. Bovis Homes
provided all the milk for our Summer scheme and came to visit
the Foodbank in September. A report about this appeared in"
the Hunts Post in January 2023. Some pupils from Sawtry
Junior Academy came to visit the Foodbank in October along
with Sarah Flack, the headteacher. They bought along the
Harvest Festival donations from the school. In February 2023,
Sawtry WalkTo Run running clubjoined in a national event and
came to Foodbankto donate items before their training run.
We gave out signposting information to our clients and
included this information in our welcome letter for new clients.
Any clients who came to us directly were given food support
and a relevant contact number to an agency that could help
them. I sent out feedback, after each of the Summer and
Christmas schemes, to the agencies who referred clients to us.
l am in contact with our most active agencies to provide updates and feedback. The Queen's Award
presentation and the 40th birthday party for CARESCO were both wonderful opportunities to meet
volunteers and celebrate all that CARESCO has achieved.
Pat Furzeland
21
CARESCOAnnual Report2022-23

FUNDRAISING
With another year gone by for CARESCO, our unique village charity, we can
honestly say that we are striving to continue to do our very best. Our
community is very important to us and we try our hardest to always be your
helping hand. We are very fortunate in our widespread support and loyalty of
everyone who believes in CARESCO. There are many ways that our supporters
continue to offer help, assistance, volunteering, donations and above all their time. From all the
fundraising events however small, they all help to support our village charity.
We were fortunate to celebrate our fortieth birthday last November and had a tea party to
commemorate this. It was wonderful to see so many volunteers in one place celebrating what
CARESCO is all about.
"Many hand5 make light worv they say and that is evident with CARESCO as we have a very loyal
team of volunteers. They are amazing and are always willing to help at short notice. This includes
running a stall, baking, washing up, setting up, clearing away and just about anythingll We are
always truly grateful for all their help and they are an integral part of our team. Thank you all.
Fundraising has taken a different turn since the pandemic and many charities
are finding a different way around it, including us. We are having to look at
alternative ways to fundraise and that includes corporate partnerships,
sponsors, more local relationships and of course still organising events. Our
most recent being the 80s Disco we held in March which was very successful
and proved that people are willing to get together in larger groups.
We plan to continue to organise some larger events throughout the year
alongside the smaller fundraisers that we are known for.
We still have our"Funding our Future. campaign that was started in 2020 and
this is a steady monthly income that helps towards CARESCO. We are continually grateful to
everyone who has and continues to donate monthly to us.
These are the highlights of our past yearfs fundraising efforts:_
Date
Event
ril 22- March 23
Fundin
our Future
April 22- March 23
Green Bottles Challenge
April 22
CARE5CO Quiz Night
22
al Quiz Sheet
June 22
Sawt Carnival
Cream Tea Takeawa
Scarecrow Trail
Sawt Walkto Run- 10 Mile Run
Pum
kin Trail I
rizes donated b Sawt Carl
Sawtr
WalkTo Run- Santa Run
Wooden Tree Hearts
Christmas Quiz Sheet
CARE5CO Quiz Ni
ht
80s Disco and Raffle
Various Raffles
Total
£ 2820.00
£ 106.30
£ 783.50
£ 97.13
£ 183.15
£ 216.51
£ 20.00
£ 311.17
£ 20.00
£ 500.00
£ 48.00
£ 105.00
£ 785.00
£1651.47
£ 424.00
ust 22
tember 22
October 22
December 22
December 22
Janua
23
Janua
23
March 23
ril 22- Februa
23
A huge Thank You to all of you who support us, volunteer with us, help us and believe in us
We are and always will be very grateful.
We look fO￿ard to another year of bringing our community
together.
R•glst•r•d wlth
FR
FUNDRAISING
REGULATOR
Jacqui Hedington
CARESCOAnnual Report202323
22

THE STORY SO FAR .
Our Sawtry-based charity was set up in 1982 (registered number 2882021 with the grand name of
'Sawtry & District Care and Resource Organisation,, but colloquially known as CARESCO from the
start. The initial aim of the founders was to rescue two pre-exiting activities, a lunch club and a day
centre, both threatened with closure.
Based in the ancient modular building known as the Homecraft Centre adjacent to the Agricultural
(Agl Centre behind the Old School Hall, CARE5CO continued to grow in size and strength through
the enthusiasm and hard work of all involved and soon took over the Manpower Services Printshop
which shared the building.
Over the years a variety of additional activities have joined the originals under the CARESCO
umbrella, most run by paid part-time staff and supported by teams of volunteers, working together
with local authorities and other voluntary organisations to create a stronger. more caring
community. Always with the aim of meeting identified needs within the local community.
Funding over the years has come through grants both from local councils and trusts, attendance
fees personal and organisational donations and fundraising.
In 2001 CARESCO moved into a new purpose-built modular building, the CARE5CO Centre, funded
by the National Lottery and bringing the Sawtry-based activities together into one building. In
2011 CARESCO became an incorporated charity, CARESCO Ltdlregistered charity number1140728;
company number 75134321.
CARESCO opened a charity shop in 5awtry in April 2013 where the extra income has both helped to
underpin the existing activities and also to fund the ongoing development of new services to
further meet needs within the local community.
For more information, please visit www.caresco.org.uk
MANAGEMENT TRUSTEES
2022 - 2023
Life President..
John Garner
Officer5.'
Chairman
Vice-chairman
Tina Campbell
HeatherThompson Iresigned 11104120221
Peter Fox (appointed 23106120221
Heather Bohonis
Treasurer
Trustees..
Heather Bohonis; fina Campbell,. Elizabeth Coates; Peter Fox;
Dave Dougherty; Tony Stefanelli,. Kevin Whitthread lappointed 23106120221,.
Heather Thompson (resigned 11104120221;
Anne Whiley (appointed 22112120221
Dlotr." Trustees are recruited from the local community and are elected at the annual general
meeting by the CARESCO Members present. All trustee5 give their time voluntarily and receive no
remuneration or other benefits. Trustees have referred to the guideline5 contained in the Charity
Commission s general guidance on public benefit when reviewing aims and objectives and in
planning future activities.
Non-voting.. CARESCO Activity Managers are welcome to attend full trustee meetings and
contribute to the di5CU55ion, however staff are asked to leave durin
sensltive a
enda items.
23
CARESCOAnnual Report2022-23

The CARESCO Family
CHARITY SHOP
Fu￿11￿￿r￿j by re(yilin9
CARESCO
meet4n9 Itx41rnffj
THE CAVE
VOLUNTEERIN6
CARESCO
sh*mo*dls&
kx•l
CHATTERBOX
CHRISTMAS DAY
PARTY
pp¢JL a bsreTht)g eèl
& ad¥￿e1<y cai*s
Fc<J(L fun & frttNe
CAR SCHEME
FUNORAISIN6
Helpwh*orhws
V￿L￿Tte• diNeis PiOVbdM)9
liansp￿1 for local pe
GREEN END DAY CLUB
SOUNDS 6000
fu￿ I14er￿sI￿> &
9xxI I¢￿ tolt¥ membeis
gic￿P wlv)&iiry
mwc & the¥x)kth
COFFEE SHOP
SAWTRY FOODBANK
Shaft th cuppa &
Pi<wK4in9 4YnvwtJei)cy l(xKI
fu k)cal pe4ylp In
COMMUNITY SUPPORT
SAWTRY EYE
Ctroithnabng Ernyd
Yilage olFw•wJ
CARESCOAnnual Report202323
24

## CARESCO Limited Company limited by guarantee 

Unaudited filleted accounts 

Year ended 31 March 2023 Company registration number 07513432 Charity number 1140728 



## **CONTENTS PAGE** 

|**CONTENTS PAGE**||
|---|---|
|Reference and administrative details of the charity,|Page 3|
|its trustees and advisors||
|Financial Review including Reserves Policy|Page 4|
|Section A – Statement of Financial Activities|Page 7|
|Section B – Balance Sheet|Page 8|
|Independent Examiner’s Report to the Members|Page 10|
|Section C – Notes to the Accounts|Page 12|





## Financial Statements 

The Management Committee presents its unaudited financial statements for the year ending 31[st] March 2023. 

## References and Administrative details 

Charity Name: CARESCO Ltd Charity Number: 1140728 Company Number: 7513432 Accounting period: 1[st] April 2022 to 31[st] March 2023 Registered Office: The CARESCO Centre Green End Road, Sawtry Huntingdon, Cambridgeshire, PE28 5UX 

Management Committee Tina Campbell Chairman Heather Thompson Vice Chair (Resigned 11/04/22) Peter Fox Vice Chair (Appointed 23/06/22) Heather Bohonis Treasurer Elizabeth Coates Dave Dougherty Tony Stefanelli Anne Whiley Co-opted (22/12/22) Kevin Whitthread Co-opted (23/06/22) 

Finance Team Heather Bohonis (trustee) Treasurer Tony Stefanelli (trustee) Emma Flanz (staff) General Manager Marina Joyce (staff) Accounts Manager Donna Green (staff) Deputy Accounts Manager Jacqueline Hedington (staff) Fundraising Manager Independent examiner Lisa Watson 

CARESCO Financial Statement 2022/23 

Page 3 of 33 



## Financial Review 

Like the blink of an eye, another financial year has come and gone.  With the cost of living rising and the ever-looming threat of recession on the horizon, it has been a challenging year for everyone, in particular the charitable sector. 

Costs are increasing across the board, and we are continually monitoring and analyzing expenditure to try and keep things down where we can.  There has been a significant fall in income from advertising in the Sawtry Eye, and attendance at Fundraising events has also decreased. This is not surprising; with the cost of living continuing to rise, cutbacks are needed by all. 

All is not doom and gloom, however.  Income from club attendance has increased, which helps to cover the increase in costs associated with running the Green End Day Club.  Charity Shop & CARESCO Cave sales have also increased slightly on the previous year, and thanks to the efforts of the staff and volunteers in the Charity Shop, the additional income received from claiming Gift Aid on donations has increased significantly. 


amount of time and effort needed to obtain such funding, the decision was made to add a member of staff to the Finance Team whose sole responsibility is to research and apply for grants.  Dee Pike has joined the team and so far, things are looking very promising!  Many of the grants applied for will not be decided until after the end of the financial year, but we are hopeful that this will bring a much-needed new income stream. 

## Principle Funding Sources 

Historically our income has come from a mixture of sources. We have predominantly been selffunded including income from the Charity Shop, Sawtry Eye advertising, day club attendance fees, fundraising events and donations, with a small percentage of our costs funded by grants. 


March 23, a drop from approximately 25% in the previous year. Our largest grant funder was again Cambridgeshire County Council, with their grant for the Green End Day Club which helped to cover approximately 28% of the Club's costs (in the FY ending March 23 this funding covered 43% of the funding amount did not increase but associated costs did). 

Our largest source of income, at approximately 35% of the total, came from Sales generated by a combination of the Charity Shop, CARESCO Cave, Coffee Shop and the newly formed Tuck Shop. This amount is an increase of approximately 6% on the previous year's figures. Donations accounted for 17%, Advertising made up just less than 4%, Attendance Fees approximately 13%, and income from fundraising was 6%. 

## Reserves Policy 

Reserves are that part of a unrestricted funds that are freely available to spend on any of the purposes. This definition excludes restricted income funds and endowment funds, although holding such funds may influence a reserves policy. Reserves will also normally exclude tangible fixed assets held for the use and amounts designated for essential spending. 

CARESCO Financial Statement 2022/23 

Page 4 of 33 



## Need for a reserves policy 

In accordance with guidance given by the Charities Commission for England and the legal obligations of our Trustees, this formal policy on reserves was agreed at our Board meeting on 29th August 2019 (due for review in the coming year). 

At this meeting the Board set a reserves policy which requires reserves to be maintained at a level that ensures that the core activity could continue during a period of unforeseen difficulty. Furthermore, a proportion of these reserves are required to be maintained in a readily realisable form. 

## Our risks 

Our organisation is supported by Cambridgeshire County Council in the form of grant income receivable. This grant income is greatly influential in the continuation of our organisation and as such, the potential loss of this income has been identified as one of our primary risks. Although funding for the year has been received the organisation recognises that this income is not guaranteed. The Trustees conclude that the risks associated with this income are medium. The organisation has diverse funding streams which help to lend stability to the situation and the Trustees are confident that the Charity will remain viable for the foreseeable future. 

Occasional grants are secured, generally related to specific capital projects. However, because of the one-off, purpose directed nature of these grants the risks associated with their loss are low; we are confident that alternative grant sources can be found. 

payments for services provided make a substantial contribution to our income. The risk to these receipts as an ongoing funding stream has currently been assessed as low. 

main commercial venture is the Charity Shop. There is a financial risk associated with any commercial venture. However, a full financial risk assessment has been made and reserves made to help mitigate any adverse situation. Although this endeavour is rated as a medium risk, there are no perceived threats within its sphere of operation. 

## The required level of reserves 

The calculation of the required level of reserves is an integral part of the planning, budget and forecast cycle. It takes into account risks associated with each stream of income and expenditure being different from that budgeted. Some of these risks have been identified above. 

Having considered all the facts and information available to us at this time, the Trustees have concluded that the charity should hold a level of reserves sufficient to fund the organisation in a period of unforeseen difficulties for six months. They believe that this is a suitable length of time for them to consider their options and to find a solution to the difficulties. 

In addition to the above, the current building from which CARESCO conducts its main activities has been assessed as having a limited lifespan. There is an expectation of a future need for either repairs to the existing building or the purchase or construction of a new building. The potential cost of this is estimated to be in the region of £500,000 and therefore a Building Fund Reserve is being accumulated toward this goal in preparation for the eventuality. 

The Trustees recognise that the risks facing our organisation are not constant. Our view of risk will depend on how vulnerable our income streams are and how healthy our financial forecasts are. Also as an employer our financial risks will change over time. The risks and the levels of reserves required will fluctuate. Accordingly, the Trustees have committed to review the Reserves Policy on an annual basis. This review should be carried out when the figures for the previous financial year become available. 

CARESCO Financial Statement 2022/23 

Page 5 of 33 



## **Annual Review of Reserves (Addendum to Reserves Policy) Financial Year Ending 31 March 2023** 

|**Current Level of Reserves as at 31**<br>**st March 2023**||
|---|---|
|6 months running costs<br>£  88,860.00||
|Building Fund<br>£  45,000.00||
|Total Reserves<br>£133,860.00||
|**Funded By**<br>**_(Investment Details)_**||
|Cambridge & Counties Bank Account – 1 yr fixed bond|£72,252.38|
|Cambridge & Counties Bank Account – 60 Day Notice Savings|£16,417.72|
|Charity Bank – Ethical Fixed Rate|£  6,590.90|
|Charity Bank – Easy Access|£     488.90|
|_Remainder from Co-Op Current Accounts Balance, which at 31st March 2023 was_||
|_£39,296.94_||
|**Calculation of Available Reserves**||
|Total Charity Funds|£241,242.33|
|Less Restricted Funds|(£18,178.02)|
|**Total Unrestricted Funds**|**£223,064.31**|
|Less Fixed Assets|(£96,697.34)|
|Less Designated Funds|(£33,146.31)|
|**Available Reserves**|**£  93,220.66**|
|**_Current Shortfall_**|**_£  40,639.34_**|
|**SIX MONTH OPERATING COSTS (****_ESTIMATED_)**||
|**2023/24**||
|Staff Costs||
|(Wages, Pensions, Training)|£65,280|
|Administrative/Office Costs||
|(Postage, Stationery, Consumables, Insurances, Licences,||
|Software, Subscriptions, Cleaning Supplies, Equipment,||
|Leasing, Sundries, Telephone)|£5,430|
|Printing Services & Delivery (Sawtry Eye)|£4,260|
|Cost of Sales (Coffee Shop, Online Fees, Supplies & Materials)|£760|
|Fundraising Costs|£570|
|Travel/Transport|£1,530|
|General Overheads (Rent, Rates, Heat & Light, Maintenance,||
|Fire Safety, Waste Disposal, Water, New Equipment)|£8,620|
|Additional Costs associated with carrying out Charitable||
|Activities (includes Kitchen Supplies, Food for Clubs, Volunteer||
|Expenses)|£2,410|



CARESCO Financial Statement 2022/23 

Page 6 of 33 



|Charity Name          CARESCO LTD|Charity Name          CARESCO LTD|CharityNo|1140728|1140728||
|---|---|---|---|---|---|
|||CompanyNo|7513432|||
|Annualaccountsforthe period||||||
|Period start date|**01.04.22**|**To**|Period end<br>date|**31.03.23**||



## **Section A   Statement of financial activities (including summary income and expenditure account)** 

|Guidance Note<br>S01<br>S02<br>S03<br>S04<br>S05<br>S06<br>S07<br>**Expenditure (Notes 6)**<br>**Expenditure on:**<br>S08<br>S09<br>S10<br>S11<br>S12<br>S13<br>Tax payable<br>S14<br>S15<br>Net gains/(losses) on<br>investments<br>S16<br>S17<br>**Extraordinary items**<br>S18<br>S19<br>S20<br>Other gains/(losses)<br>S21<br>S22<br>**_Reconciliation of_**<br>**_funds:_**<br>S23<br>S24<br>**Income (Note 3)**<br>**_Net movement in funds_**<br>**Other recognised** **gains/(losses):**<br>**Net income/(expenditure) before tax for**<br>**the reporting period**<br>**_Total_**<br>**Recommended categories by activity**<br>Donations and legacies<br>**_Total funds carried forward_**<br>**_Total_**<br>**Net income/(expenditure) after tax before**<br>**investment gains/(losses)**<br>**Net income/(expenditure)**<br>**Transfers between funds**<br>Other trading activities<br>Gains and losses on revaluation of fixed assets for the<br>charity’s own use<br>Charitable activities<br>Separate material expense item<br>Total funds brought forward<br>Raising funds<br>Separate material item of income<br>Other<br>Other<br>**Income and endowments from:**<br>Investments<br>Charitable activities|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**£**<br>**£**<br>**£**<br>F01<br>F02<br>F03|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**£**<br>**£**<br>**£**<br>F01<br>F02<br>F03|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**£**<br>**£**<br>**£**<br>F01<br>F02<br>F03|**Total funds**<br>**Prior year**<br>**funds**<br>**£**<br>**£**<br>F04<br>F05|**Total funds**<br>**Prior year**<br>**funds**<br>**£**<br>**£**<br>F04<br>F05|
|---|---|---|---|---|---|
||96,025|31,615|-|127,640|99,873|
||1,110|-|-|1,110|2,765|
||83,685|-|-|83,685|81,444|
||1,134|-|-|1,134|289|
||2,225|-|-|2,225|-|
||-|-|-|-|-|
||184,178|31,615|-|215,793|184,371|
|||||||
||79,306|500|-|79,806|72,523|
||93,353|29,091|-|122,444|109,727|
||-|1,952|-|1,952|-|
||30,844|738|-|31,582|30,580|
||203,503|32,281|-|235,784|212,830|
|||||||
||19,325<br>-|666<br>-|-|19,991<br>-|28,459<br>-|
||-|-|-|-|-|
||19,325<br>-|666<br>-|-|19,991<br>-|28,459<br>-|
||-|-|-|-|-|
||19,325<br>-|666<br>-|-|19,991<br>-|28,459<br>-|
||-|-|-|-||
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||19,325<br>-|666<br>-|-|19,991<br>-|28,459<br>-|
|||||||
||239,341|21,892|-|261,233|289,692|
||220,016|21,226|-|241,242|261,233|



CARESCO Financial Statement 2022/23 

Page 7 of 33 



Charity Name CARESCO LTD Charity No 1140728 Company No 7513432 

## **Section B Balance sheet** 

|Guidance Note<br>**Fixed assets**<br>**Intangible assets**<br>**(Note 15)**<br>B01<br>**Tangible assets**<br>**(Note 14)**<br>B02<br>**Heritage assets**<br>**(Note 16)**<br>B03<br>**Investments**<br>**(Note 17)**<br>B04<br>**_Total fixed assets_**<br>B05<br>**Current assets**<br>**Stocks**<br>**(Note 18)**<br>B06<br>**Debtors**<br>**(Note 19)**<br>B07<br>**Investments**<br>**(Note 17.4)**<br>B08<br>**Cash at bank and in hand  (Note 24)**<br>B09<br>**_Total current assets_**<br>B10<br>**Creditors: amounts falling due within**<br>**one year              (Note 20)**<br>B11<br>**_Net current assets/(liabilities)_**<br>B12<br>**_Total assets less current liabilities_**<br>B13<br>**Creditors: amounts falling due after**<br>**one year                (Note 20)**<br>B14<br>**Provisions for liabilities**<br>B15<br>**_Total net assets or liabilities_**<br>B16<br>**Funds of the Charity**<br>**Endowment funds (Note 27)**<br>B17<br>**Restricted income funds (Note 27)**<br>B18<br>**Unrestricted funds**<br>B19<br>**Revaluation reserve**<br>B20<br>**Fair value reserve**<br>B21<br>**_Total funds_**<br>B22|**Unrestricted**<br>**funds**<br>**£**<br>F01|**Restricted**<br>**income**<br>**funds**<br>**£**<br>F02|**Endowment**<br>**funds**<br>**Total this**<br>**year**<br>**£**<br>**£**<br>F03<br>F04|**Endowment**<br>**funds**<br>**Total this**<br>**year**<br>**£**<br>**£**<br>F03<br>F04|**Total last**<br>**year**<br>**£**<br>F05|
|---|---|---|---|---|---|
||-|-|-|-|-|
||96,697|-|-|96,697|87,618|
||-|-|-|-|-|
||-|-|-|-|-|
||96,697|-|-|96,697|87,618|
|||||||
||-|-|-|-|-|
||19,865|-|-|19,865|11,591|
||79,332|-|-|79,332|98,492|
||57,009|-|-|57,009|71,984|
||156,206|-|-|156,206|182,067|
|||||||
||11,662|-|-|11,662|8,452|
|||||||
||144,545|-|-|144,545|173,615|
|||||||
||241,242|-|**-**|241,242|261,233|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||241,242|-|-|241,242|261,233|
|||||||
||-|||-|-|
|||18,178||18,178|21,892|
||223,064||-|223,064|239,341|
|||||-||
|||||||
||223,064|18,178|-|241,242|261,233|



CARESCO Financial Statement 2022/23 

Page 8 of 33 



_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_ 

_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_ 

_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_ 

_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_ 


CARESCO Financial Statement 2022/23 

Page 9 of 33 




## **Independent examiner's report on the accounts** 

**Section A Independent Examiner’s Report** 

**Report to the** CARESCO LTD **trustees/directors/ members of On accounts for the year** 31.03.2023 **ended Charity no.:** 1140728 Company no.: 7513432 **Set out on pages** (remember  to include the page numbers of additional sheets) 

I report to the charity trustees on my examination of the accounts of the Company for the year ended **31 / 03 / 2023** . **Responsibilities and** As the charity’s trustees of the Company (who are also the directors of the **basis of report** company 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 for this year 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** I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or • the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102). 

CARESCO Financial Statement 2022/23 

Page 10 of 33 



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. 

**Date:** 18/12/2023 **Signed: Name:** LISA WATSON **Relevant professional** IAB / ACCA **qualification(s) or body (if any): Address:** 10 PARK ROAD SAWTRY HUNTINGDON **Section B Disclosure** 

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the examiner wishes to disclose** . 

CARESCO Financial Statement 2022/23 

Page 11 of 33 



**Notes to the accounts** 

## **Section C** 

## Note 1 **Basis of preparation** 

## _**This section should be completed by all charities** ._ 

## **1.1 Basis of accounting** 

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 

The accounts have been prepared in accordance with: 

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) 

- and with the Charities Act 2011. 

The charity constitutes a public benefit entity as defined by FRS 102.* 

✓ 

- -Tick as appropriate 

## **1.2  Going concern** 

## _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ 

An explanation as to those factors that _**Not applicable**_ support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; 

Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. 

## **1.3 Change of accounting policy** 

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note {  }. 

Yes* ✓ * -Tick as appropriate No* ✓ 

## _**Please disclose:**_ 

_**Not applicable (i) the nature of the change in accounting policy;**_ 

CARESCO Financial Statement 2022/23 

Page 12 of 33 



|**_(ii) the reasons why applying the new accounting policy_**<br>**_provides more reliable and more relevant information;_**<br>**_and_**|**_Not applicable_**|
|---|---|
|**_(iii) the amount of the adjustment for each line affected_**<br>**_in the current period, each prior period presented and_**<br>**_the aggregate amount of the adjustment relating to_**<br>**_periods before those presented, 3.44 FRS102 SORP._**|**_Not applicable_**|



## **1.4 Changes to accounting estimates** 

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). 

|Yes*<br>No*|✓|* -Tick as appropriate|
|---|---|---|
||✓||



## _**Please disclose:**_ 

|**_(i) the nature of any changes;_**|**_Not applicable_**|
|---|---|
|**_(ii) the effect of the change on income and expense or_**<br>**_assets and liabilities for the current period; and_**|**_Not applicable_**|
|**_(iii) where practicable, the effect of the change in one or_**<br>**_more future periods._**|**_Not applicable_**|



## **1.5 Material prior year errors** 

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). 

|Yes*<br>No*|✓|* -Tick as appropriate|
|---|---|---|
||✓||



## _**Please disclose:**_ 

|**_Please disclose:_**||
|---|---|
|**_(i) the nature of the prior period error;_**|Balance of Total Funds Brought Forward as shown in<br>Reconciliation of Funds on SOFA was incorrect, due to an<br>historical error.|
|**_(ii) for each prior period presented in the accounts, the_**<br>**_amount of the correction for each account line item_**<br>**_affected; and_**|£1,487.00|
|**_(iii) the amount of the correction at the beginning of the_**<br>**_earliest prior period presented in the accounts._**|£1,487.00 - Error first occurred in the period<br>01.04.19-31.03.20, and has been carried through each<br>year on the SOFA.|



CARESCO Financial Statement 2022/23 

Page 13 of 33 



|**Section C**<br>**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**|
|---|---|---|---|
|**Recognition of income**<br>**2.2 INCOME**<br>**Donated goods**<br>In the case of performance related grants, income must only be recognised to the<br>extent that the charity has provided the specified goods or services as entitlement to<br>the grant only occurs when the performance related conditions are met (5.16 FRS 102<br>SORP).<br>**Donated services and**<br>**facilities**<br>**Contractual income and**<br>**performance related**<br>**grants**<br>Gifts in kind for use by the charity are included in the SoFA as income from donations<br>when receivable.<br>Donated services and facilities that are consumed immediately are recognised as<br>i<br>ith<br>i<br>l<br>t<br>t<br>i<br>d<br>d<br>th<br>i t<br>**Government grants**<br>The charity has received government grants in the reporting period<br>**Legacies**<br>**Tax reclaims on**<br>**donations and gifts**<br>Legacies are included in the SOFA when receipt is probable, that is, when there has<br>been grant of probate, the executors have established that there are sufficient assets in<br>the estate and any conditions attached to the legacy are either within the control of the<br>charity or have been met.<br>This is only included in the SoFA once the charity has provided the related goods or<br>services or met the performance related conditions.<br>The cost of any stock of goods donated for distribution to beneficiaries is deemed to be<br>the fair value of those gifts at the time of their receipt and they are recognised on<br>receipt.  In the reporting period in which the stocks are distributed, they are recognised<br>as an expense at the carrying amount of the stocks at distribution.<br>Donated goods for resale are measured at fair value on initial recognition, which is the<br>expected proceeds from sale less the expected costs of sale, and recognised in<br>'Income from other trading activities' with the corresponding stock recognised in the<br>balance sheet.  On its sale the value of stock is charged against 'Income from other<br>trading activities' and the proceeds from  sale are also recognised as 'Income from<br>other trading activities'.<br>Goods donated for on-going use by the charity are recognised as tangible fixed assets<br>and included in the SoFA as incoming resources when receivable.<br>Donated goods are measured at fair value (the amount for which the asset could be<br>exchanged) unless impractical to do so.<br>**Offsetting**<br>**Grants and donations**<br>**Note 2**<br>**Accounting policies**<br>Donated services and facilities are included in the SOFA when received at the value of<br>the gift to the charity provided the value of the gift can be measured reliably.<br>Gift Aid receivable is included in income when there is a valid declaration from the<br>donor.  Any Gift Aid amount recovered on a donation is considered to be part of that gift<br>and is treated as an addition to the same fund as the initial donation unless the donor or<br>the terms of the appeal have specified otherwise.<br>There has been no offsetting of assets and liabilities, or income and expenses, unless<br>required or permitted by the FRS 102 SORP or FRS 102.<br>These are included in the Statement of Financial Activities (SoFA) when:<br>•<br>the charity becomes entitled to the resources;<br>•<br>it is more likely than not that the trustees will receive the resources;<br>•<br>the monetary value can be measured with sufficient reliability.<br>Grants and donations are only included in the SoFA when the general income<br>recognition criteria are met (5.10 to 5.12 FRS102 SORP).|Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||



CARESCO Financial Statement 2022/23 

Page 14 of 33 



|**Grants with performance**<br>**conditions**<br>**Volunteer help**<br>The value of any voluntary help received is not included in the accounts but is<br>described in the trustees’ annual report.<br>**Governance  and support**<br>**costs**<br>**Creditors**<br>**Redundancy cost**<br>The charity made no redundancy payments during the reporting period.<br>Where the charity gives a grant with conditions for its payment being a specific level of<br>service or output to be provided, such grants are only recognised in the SoFA once the<br>recipient of the grant has provided the specified service or output.<br>**Support costs**<br>**Investment gains and**<br>**losses**<br>**Settlement of insurance**<br>**claims**<br>Where there are no conditions attaching to the grant that enables the donor charity to<br>realistically avoid the commitment, a liability for the full funding obligation must be<br>recognised.<br>This includes any realised or unrealised gains or losses on the sale of investments and<br>any gain or loss resulting from revaluing investments to market value at the end of the<br>year.<br>Support costs include central functions and have been allocated to activity cost<br>categories on a basis consistent with the use of resources, eg allocating property costs<br>by floor areas, or per capita, staff costs by the time spent and other costs by their<br>usage.<br>Support costs have been allocated between governance costs and other support.<br>Governance costs comprise all costs involving public accountability of the charity and<br>its compliance with regulation and good practice.<br>income with an equivalent amount recognised as an expense under the appropriate<br>heading in the SOFA.<br>The charity has creditors which are measured at settlement amounts less any trade<br>discounts<br>**Income from membership**<br>**subscriptions**<br>**Income from interest,**<br>**royalties and dividends**<br>The charity has incurred expenditure on support costs.<br>**Deferred income**<br>No material item of deferred income has been included in the accounts.<br>**Provisions for liabilities**<br>A liability is measured on recognition at its historical cost and then subsequently<br>measured at the best estimate of the amount required to settle the obligation at the<br>reporting date<br>**Basic financial**<br>**instruments**<br>**Liability recognition**<br>Liabilities are recognised where it is more likely than not that there is a legal or<br>constructive obligation committing the charity to pay out resources and the amount of<br>the obligation can be measured with reasonable certainty.<br>**Grants payable without**<br>**performance conditions**<br>Membership subscriptions which gives a member the right to buy services or other<br>benefits are recognised as income earned from the provision of goods and services as<br>income from charitable activities.<br>Membership subscriptions received in the nature of a gift are recognised in Donations<br>and Legacies.<br>**2.3 EXPENDITURE AND LIABILITIES**<br>The charity accounts for basic financial instruments on initial recognition as per<br>paragraph 10.7 FRS102 SORP.  Subsequent measurement is as per paragraphs 11.17<br>to 11.19, FRS102 SORP.<br>This is included in the accounts when receipt is probable and the amount receivable<br>can be measured reliably.<br>Insurance claims are only included in the SoFA when the general income recognition<br>criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other<br>income in the SoFA.|✓|✓|✓|
|---|---|---|---|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|



CARESCO Financial Statement 2022/23 

Page 15 of 33 



|**2.4 ASSETS**<br>The charity has investments which it holds for resale or pending their sale and cash and<br>cash equivalents with a maturity date less than one year.  These include cash on<br>deposit and cash equivalents with a maturity of loss than one year held for investment<br>purposes rather than to meet short-term cash commitments as they fall due.<br>**Investments**<br>Fixed asset investments in quoted shares, traded bonds and similar investments are<br>valued at initially at cost  and subsequently at fair value (their market value) at the year<br>end.  The same treatment is applied to unlisted investments unless fair value cannot be<br>measured reliably in which case it is measured at cost less impairment.<br>**Current asset**<br>**investments**<br>These are capitalised if they can be used for more than one year, and cost at least<br>**Heritage assets**<br>**Stocks and work in**<br>**progress**<br>**Debtors**<br>They are valued at cost.<br>**Tangible fixed assets for**<br>**use by charity**<br>The depreciation rates and methods used are disclosed in note 14.<br>**Intangible fixed assets**<br>Investments held for resale or pending their sale and cash and cash equivalents with a<br>maturity date of less than 1 year are treated as current asset investments<br>They are valued at cost.<br>They are valued at cost.<br>The charity has intangible fixed assets, that is, non-monetary assets that do not have<br>physical substance but are identifiable and are controlled by the charity through custody<br>or legal rights.  The amortisation rates and methods used are disclosed in note 15.<br>The charity has heritage assets, that is, non-monetary assets with historic, artistic,<br>scientific, technological, geophysical or environmental qualities that are held  and<br>maintained principally for their contribution to knowledge and culture.  The depreciation<br>rates and methods used as disclosed in note 16.<br>Stocks held for sale as part of non-charitable trade are measured at the lower or cost or<br>net realisable value.<br>Goods or services provided as part of a charitable activity are measured at net<br>realisable value based on the service potential provided by items of stock.<br>Debtors (including trade debtors and loans receivable) are measured on initial<br>recognition at settlement amount after any trade discounts or amount advanced by the<br>charity.  Subsequently, they are measured at the cash or other consideration expected<br>to be received.<br>Work in progress is valued at cost less any foreseeable loss that is likely to occur on<br>the contract.<br>They are valued at fair value except where they qualify as basic financial instruments.||||
|---|---|---|---|
||**£200**|||
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|
||Yes*<br>No*<br>N/a*|||
||✓|✓|✓|



_**Not applicable**_ **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** 

CARESCO Financial Statement 2022/23 

Page 16 of 33 



|**Section C**<br>**Notes to the accounts**|**Section C**<br>**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|
|---|---|---|---|---|---|---|
|Donations and gifts<br>GiftAid<br>Legacies<br>General grants provided by government/other<br>charities<br>Membership subscriptions and sponsorships<br>which are in substance donations<br>Donatedgoods,facilities and  services<br>FundraisingEvents<br>Other<br>**Total**<br>Day Club Meal Delivery Service<br>Day Club Members' Contributions to Outings<br>Visitor Meals<br>Other<br>**Total**<br>Sawtry Eye Advertising Sales<br>Sales from Charity Shop, CARESCO Cave,<br>Coffee Shop, Tuck Shop, Online & Sales of<br>SawtryEye magazine<br>Photocopying& Leaflet Deliveries<br>Other<br>**Total**<br>Interestincome<br>Dividendincome<br>Rentalandleasingincome<br>Other<br>**Total**<br>Gainondisposalof FixedAssets (Minibus)<br>**Total**<br>Conversion of endowment funds into income<br>Gain on disposal of a tangible fixed asset held<br>for charity's own use<br>Gain on disposal of a programme related<br>investment<br>Royalties from the exploitation of intellectual<br>propertyrights<br>Other<br>**Total**<br>**TOTAL INCOME**<br>**Charitable activities:**<br>**Separate material item of**<br>**income**<br>**Income from investments:**<br>**Other trading activities:**<br>**Other:**<br>**Note 3**<br>**Income**<br>**Analysis of income**<br>**Donations and legacies:**||**Unrestricted  funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**|||||
||Donations and gifts|36,633|590|-|37,223|31,679|
||GiftAid|13,508|-|-|13,508|4,070|
||Legacies|-|-|-|-|-|
||General grants provided by government/other<br>charities|<br>5,950|31,025|-|36,975|44,953|
||Membership subscriptions and sponsorships<br>which are in substance donations|27,190|-|-|27,190|16,916|
||Donatedgoods,facilities and  services|-|-|<br>-|-|<br>-|
||FundraisingEvents|12,743|||12,743|2,256|
||Other|-|-|<br>-|-||
||**Total**|96,025|31,615|-|127,640|99,873|
||||||||
||Day Club Meal Delivery Service|40|-|-|40|1,760|
||Day Club Members' Contributions to Outings|985|-|-|985|980|
||Visitor Meals|85|-|-|85|25|
||Other|-|-|-|-|-|
||**Total**|1,110|-|-|<br>1,110|2,765|
||||||||
||Sawtry Eye Advertising Sales|8,389|-|-|8,389|10,967|
||Sales from Charity Shop, CARESCO Cave,<br>Coffee Shop, Tuck Shop, Online & Sales of<br>SawtryEye magazine|75,091|-|-|75,091|69,939|
||Photocopying& Leaflet Deliveries|204|||204|538|
||Other|-|-|-|-|-|
||**Total**|83,685|-|-|<br>83,685|81,444|
||||||||
||Interestincome|1,134|-|-|1,134|289|
||Dividendincome|-|-|-|-|-|
||Rentalandleasingincome|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|1,134|-|-|<br>1,134|289|
||||||||
||Gainondisposalof FixedAssets (Minibus)|2,225|-|-|2,225|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|2,225|-|-|<br>2,225|-|
||||||||
||Conversion of endowment funds into income|-|-|-|-|-|
||Gain on disposal of a tangible fixed asset held<br>for charity's own use|<br>-|-|-|-|-|
||Gain on disposal of a programme related<br>investment|-|-|-|-|-|
||Royalties from the exploitation of intellectual<br>propertyrights|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|<br>-|-|-|
||||||||
|||184,178|31,615|-|215,793|184,371|



CARESCO Financial Statement 2022/23 

Page 17 of 33 



|**Other information:**||||||
|---|---|---|---|---|---|
|**All income in the prior year was unrestricted except for: (please provide**|Donations for Minibus Appeal||||400.00|
||Donations for SawtryFoodbank Christmas Parcel Scheme||||190.00|
||Sawtry Parish Council Grant for CARESCO Cave<br>ExtendedHours||||1000.00|
||Cambridgeshire County Council Block Contract Day<br>Care GrantforGreen EndDay Club||||16776.95|
||Huntingdonshire Disctrict Council Grant for Health<br>InequalitiesProject||||10500.00|
||Sawtry Parish Council Grant for Sawtry Foodbank<br>ChristmasParcelScheme||||500.00|
||Cambridgeshire County Council Community Reach<br>Fund GrantforSawtryFoodbankSummerScheme||||1000.00|
||The Julia and Hans Rausing Trust Grant for Sawtry<br>Foodbank||||8058.00|
||The Albert Hunt Trust Grant for General Running<br>Costs||||2000.00|
|||||||
|**Within the income items above the**<br>**following items are material:**<br>**(please disclose the nature,**<br>**amount and any prior year**<br>**amounts)**|**_"General grants provided by government/other_**<br>**_charities/Restricted Funds":_**<br>The amount of £31,025.05 is calculated from the total<br>Restricted grant income received pertaining to the<br>FYE 31.03.23 @ £39,834.95 minus the following<br>amounts, which were received in the previous financial<br>year but unable to be spent by the grant funders'<br>deadline and so returned to the grant providers in this<br>financial year:<br>Cambridgeshire County Council Block Contract Day<br>Care Grant for Alconbury Thursday Club @ £2,061.54<br>Cambridgeshire County Council Infection Control<br>Grant @ £6,748.36|||||



CARESCO Financial Statement 2022/23 

Page 18 of 33 



**Section C** 

**Notes to the accounts** 

**(cont** 

## **Note 4 Analysis of receipts of government grants** 

|**Government grant 1**<br>**Government grant 2**<br>**Government grant 3**<br>**Government grant 4**<br>**Government grant 5**<br>**Government grant 6**<br>**Government grant 7**<br>**Government grant 8**<br>**Government grant 9**<br>**Government grant 10**<br>**Government grant 11**<br>**Government grant 12**|**Description**|**This year**<br>**Last year**<br>**£**<br>**£**|**This year**<br>**Last year**<br>**£**<br>**£**|
|---|---|---|---|
||Cambridgeshire County Council Block Contract<br>Day Care Grant (Alconbury Thursday Club)|-|<br>2,062|
||Cambridgeshire County Council Block Contract<br>Day Care Grant (Green End Day Club)|16,777|16,869|
||Cambridgeshire County Council Infection Control<br>Fund(Green End DayClub)|-|<br>4,399|
||Cambridgeshire County Council Community Reach<br>Fund - Summer Scheme (Sawtry Foodbank)|<br>1,000|-|
||Cambridgeshire County Council Community Reach<br>Fund - Youth and Family Enabler Grant (Saturday<br>Tuck Shop)|<br>500|-|
||Huntingdonshire District Council Restart Grant<br>(CARESCO Centre)|-|<br>8,000|
||Huntingdonshire District Council Restart Grant<br>(CARESCO CharityShop)|-|<br>2,667|
||Huntingdonshire District Council Winter Support<br>Grant(SawtryFoodbank)|-|<br>272|
||Huntingdonshire District Council (Health<br>Inequalities Project)|10,500|-|
||Sawtry Parish Council Summer Parcel Scheme<br>Grant(SawtryFoodbank)|-|<br>993|
||Sawtry Parish Council Christmas Parcel Scheme<br>Grant(SawtryFoodbank)|500|-|
||Sawtry Parish Council Extended Hours Grant<br>(CARESCO Cave)|1,000|-|
||**Total**|30,277|35,262|



CARESCO Financial Statement 2022/23 

Page 19 of 33 



**Notes to the accounts** 

## **Section C** 

## **(cont)** 

|**Total expenditure on charitable**<br>**activities**<br>Depreciation of Assets not apportioned<br>to specific activities<br>Governance/Management Costs<br>**Total other expenditure**<br>Sport4 All<br>Community Support (formerly "COVID-<br>19Response Group")<br>Green EndDay Club<br>Chatterbox<br>**Separate material**<br>**item of expense**<br>**Total expenditure on raising funds**<br>**Other**<br>Incurred seeking grants & donations<br>**TOTAL EXPENDITURE**<br>ChristmasDay<br>**Expenditure on**<br>**charitable**<br>**activities**<br>**Note 6**<br>**Expenditure**<br>Staging fundraising events<br>Other trading activities<br>**Analysis of expenditure**<br>CarScheme<br>**Expenditure on**<br>**raising funds:**<br>Health InequalitiesProject<br>Operating charity shops<br>AlconburyThursday Club<br>CARESCO Cave (formerly "Man<br>Cave")<br>Minibus &Vehicle Costs<br>Overheads including Wages & Salaries<br>for Administrative Staff not apportioned<br>to specific activities<br>Sounds Good<br>Distribution of Shared Funds from<br>Sport 4 All (See Note 7 - Extraordinary<br>Item 1)<br>**Total**<br>SawtryFoodbank|**Expenditure**<br>**Analysis of expenditure**|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**|
|---|---|---|---|---|---|---|
||Incurred seeking grants & donations|20,630|-|-|<br>20,630|18,483|
||Staging fundraising events|834|-|-|<br>834|607|
||Operating charity shops|41,199|-|-|<br>41,199|36,764|
||Other trading activities|16,643|500|-|<br>17,143|16,669|
|||-|-|<br>-|-|<br>-|
||**Total expenditure on raising funds**|79,306|500|<br>-|<br>79,806|72,523|
||||||||
||AlconburyThursday Club|-|-|<br>-|-|<br>5,711|
||CarScheme|645|-|-|<br>645|543|
||Chatterbox|775|-|-|<br>775|952|
||ChristmasDay|519|-|-|<br>519|420|
||Community Support (formerly "COVID-<br>19Response Group")|730|-|-|<br>730|4,704|
||Green EndDay Club|43,025|16,777|-|<br> 59,802|54,216|
||Health InequalitiesProject|-|<br>1,744||1,744||
||CARESCO Cave (formerly "Man<br>Cave")|16,310|421|-|<br>16,730|13,060|
||Minibus &Vehicle Costs|13,349|400|-|<br>13,749|2,834|
||SawtryFoodbank|16,922|4,555|-|<br>21,476|22,552|
||Sounds Good|1,077|-|-|1,077|921|
||Sport4 All|-|<br> 5,195|-|5,195|3,814|
||**Total expenditure on charitable**<br>**activities**|93,353|29,091|-|<br>122,444|109,727|
||||||||
||<br>Distribution of Shared Funds from<br>Sport 4 All (See Note 7 - Extraordinary<br>Item 1)|-|<br>1,952|-|1,952|-|
|||-|<br>-|-|<br>-|-|
||**Total**|-|<br>1,952|-|1,952|-|
||||||||
||Overheads including Wages & Salaries<br>for Administrative Staff not apportioned<br>to specific activities|19,914<br>|738|-|<br>20,652|20,122|
||Depreciation of Assets not apportioned<br>to specific activities|9,100|-|-|9,100|8,529|
||Governance/Management Costs|1,830|-|-|1,830|1,929|
|||-|-|<br>-|-|<br>-|
||**Total other expenditure**|30,844|738|-|<br>31,582|30,580|
||||||||
|||203,503|32,281|-|235,784|212,830|



CARESCO Financial Statement 2022/23 

Page 20 of 33 



## **Other information:** 

## **Analysis of expenditure on charitable activities** 

|**Activity or programme**|**Activity or programme**|**Activities**<br>**undertaken**<br>**directly**|**Grant**<br>**funding**<br>**of**<br>**activities**|**Support**<br>**Costs**|**Total this**<br>**year**|**_Total prior_**<br>**_year_**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|AlconburyThursdayClub||0|0|0|0|5,711|
|Car Scheme||60|0|585|645|543|
|Chatterbox||67|0|708|775|952|
|Christmas Day||430|0|89|519|420|
|CommunitySupport(formerly"COVID-19 Response Group")||22|0|708|730|4,704|
|Green End DayClub||26,200|16,777|16,825|59,802|54,216|
|Health Inequalities Project||0|1,744|0|1,744|0|
|CARESCO Cave(formerly"Man Cave")||10,667|0|6,064|16,731|13,060|
|Minibus & Vehicle Costs||12,505|0|1,244|13,749|2,834|
|SawtryFoodbank||6,815|4,555|10,107|21,476|22,552|
|Sounds Good||368|0|708|1,077|921|
|Sport 4 All||5,195|0|0|5,195|3,814|
||62,329<br>**Total**||23,075|37,039|122,444|109,727|
||||||||
|**Prior year expenditure on charitable activities**<br>**can be analysed as follows:**|**Activity or programme**||**Activities**<br>**undertaken**<br>**directly**|**Grant funding**<br>**of activities**|**Support**<br>**Costs**|**Total for year**|
||||**£**|**£**|**£**|**£**|
||AlconburyThursday Club||199|5,512|-|5,711|
||CarScheme||60|-|483|543|
||Chatterbox||320|-|632|952|
||ChristmasDay||341|-|79|420|
||Community Support||598|-|4,106|4,704|
||Green EndDay Club||39,213|-|15,003|54,216|
||CARESCO Cave (formerly||8,060|-|5,000|13,060|
||Minibus||2,834|-|-|2,834|
||SawtryFoodbank||14,218|-|8,334|22,552|
||Sounds Good||290|-|632|921|
||Sport 4 All||3,814|-|-|3,814|
||**Total**||69,947|5,512|34,268|109,727|



CARESCO Financial Statement 2022/23 

Page 21 of 33 



**Section C** 

**Notes to the accounts** 

**(cont)** 

## **Note 7 Extraordinary items** 

## _**Please explain the nature of each extraordinary item occurring in the period.**_ 

|**Extraordinary item 1**<br>**Total extraordinary items**<br>**Description**<br>CARESCO worked as part of group of 4 local<br>organisations (including Sawtry Youth Project, Sawtry<br>Walk to Run Club and Sawtry Village Academy) to host a<br>community Sports Day event, and the funds were held by<br>CARESCO for the group.  The event was held for 2 years<br>in a row, and then it was decided not to carry on.<br>Following the final event, it was agreed by all parties<br>involved that the balance of funds remaining were to be<br>split equally between CARESCO and Sawtry Walk to Run,<br>with half of the money being paid out of CARESCO's<br>account to SWTR, and the other half being accounted for<br>as donation income in these accounts.|**Description**|**This year**<br>**Last year**<br>**£**<br>**£**|**This year**<br>**Last year**<br>**£**<br>**£**|
|---|---|---|---|
||CARESCO worked as part of group of 4 local<br>organisations (including Sawtry Youth Project, Sawtry<br>Walk to Run Club and Sawtry Village Academy) to host a<br>community Sports Day event, and the funds were held by<br>CARESCO for the group.  The event was held for 2 years<br>in a row, and then it was decided not to carry on.<br>Following the final event, it was agreed by all parties<br>involved that the balance of funds remaining were to be<br>split equally between CARESCO and Sawtry Walk to Run,<br>with half of the money being paid out of CARESCO's<br>account to SWTR, and the other half being accounted for<br>as donation income in these accounts.|1,952|-|
|||||
|||1,952|-|



CARESCO Financial Statement 2022/23 

Page 22 of 33 



## **Section C** 

## **Notes to the accounts** 

## **Note 9                           Support Costs** 

_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ 

|**Support cost(examples)**|**Raising funds**<br>**£**|**Charitable**<br>**Activities**<br>**£**|**Management/**<br>**Governance**<br>**£**|**Overheads**<br>**£**|**Grand total**<br>**£**|**Basis of**<br>**allocation**|
|---|---|---|---|---|---|---|
|||||||**(Describe**<br>**method)**|
|Governance|-|-|1,830|-|1,830|Actual Costs|
|Admin Staff Costs|15,082|34,715|-|8,733|58,530|Costs calculated as<br>percentage of total<br>based on number of<br>hours each activity<br>is in session.|
|Centre Premises Costs|2,277|2,324|-|11,181|15,782||
|**Total**|17,360|37,039|1,830|19,914|76,143||



_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_ 

Support Costs include Admin Staff and Centre Premises Costs.  Total Admin Staff costs for the year are apportioned to relevant activities based on percentages calculated by dividing the number of hours each activity is in session by the total number of Admin Staff hours. Total Centre Premises Costs for the year are apportioned based on percentages derived by dividing the number of hours each activity is in session by the total number of hours in the year. Any remaining costs that are not included in the apportonment are included as Overhead Costs. 

CARESCO Financial Statement 2022/23 

Page 23 of 33 



**Section C** 

**Notes to the accounts** 

**(cont)** 

## **Note 11                           Paid employees** 

_**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_ 

## **11.1 Staff Costs** 

|**11.1 Staff Costs**|||
|---|---|---|
|**Salaries and wages**<br>**Social security costs**<br>**Other employee benefits**<br>**Total staff costs**<br>**Pension costs (defined contribution pension plan)**|**This year**<br>**£**|**Last year**<br>**£**|
||141,464|128,661|
||-|-|
||1,288|1,144|
||139|899|
||142,891|130,703|



_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards.  If there are no such transactions, please enter 'true' in the box provided.**_ 

**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000** 

## **TRUE** 

|**The parts of the charity in which the**<br>**employees work**<br>**11.2 Average head count in the year**||**This year**<br>**Number**|**Last year**<br>**Number**|
|---|---|---|---|
||**Fundraising**|4|4|
||**Charitable Activities**|7|6|
||**Governance**|1|1|
||**Other**|5|5|
||**Total**|<br>17|16|



CARESCO Financial Statement 2022/23 

Page 24 of 33 



**Section C** 

**Notes to the accounts** 

**(cont)** 

**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.** 

## _**12.1  Please complete this note if a defined contribution pension scheme is operated.**_ 

**Amount of contributions recognised in** £1,287.81 **the SOFA as an expense Please explain the basis for allocating** Payments to defined contribution pension plans are expensed in the **the liability and expense of defined** period to which they relate. **contribution pension scheme between activities and between restricted and unrestricted funds.** 

CARESCO Financial Statement 2022/23 

Page 25 of 33 



## **Section C** 

## **Notes to the accounts** 

## **Note 14                           Tangible fixed assets** 

## _**Please complete this note if the charity has any tangible fixed assets**_ **14.1 Cost or valuation** 

|**Freehold land**<br>**& buildings**<br>**Other land &**<br>**buildings**<br>**Plant,**<br>**machinery and**<br>**motor vehicles**<br>**Fixtures,**<br>**fittings and**<br>**equipment**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>At the beginning of the<br>year<br>118,615<br>46,350<br>2,500<br>59,760         227,225<br>Additions<br>-                     -<br>25,995<br>1,906<br>27,901<br>Revaluations<br>-                     -<br>-                     -<br>-<br>Disposals<br>-                     -   -<br>2,500<br>-   -           2,500<br>Transfers *<br>-                     -<br>-                     -<br>-<br>At end of the year<br>118,615<br>46,350<br>25,995<br>61,666         252,626<br>****Basis**<br>SL<br>SL<br>SL<br>SL<br>Straight Line<br>("SL")<br>**** Rate**<br>4%<br>4%<br>25%<br>10%<br>At beginning of the year<br>84,724<br>3,802<br>1,875<br>49,207         139,608<br>Disposals<br>-                     -   -<br>1,875<br>-   -           1,875<br>Depreciation<br>4,745<br>1,854<br>6,499<br>5,098<br>18,196<br>Impairment<br>-                     -<br>-                     -<br>-<br>Transfers*<br>-                     -<br>-                     -<br>-<br>At end of the year<br>89,469<br>5,656<br>6,499<br>54,305         155,928<br>Net book value at the<br>beginning of the year<br>33,891<br>42,548<br>625<br>10,553<br>87,617<br>Net book value at the<br>end of the year<br>29,146<br>40,694<br>19,496<br>7,361<br>96,698<br>**14.3 Net book value**<br>**14.2 Depreciation and impairments**|**Freehold land**<br>**& buildings**<br>**£**|**Other land &**<br>**buildings**<br>**£**|**Plant,**<br>**machinery and**<br>**motor vehicles**<br>**£**|<br>**Fixtures,**<br>**fittings and**<br>**equipment**<br>**£**|**Total**<br>**£**|
|---|---|---|---|---|---|
||118,615|46,350|2,500|59,760|227,225|
||-|-|25,995|1,906|27,901|
||-|-|-|-|-|
||-|-|-<br>2,500|-|-           2,500|
||-|-|-|-|-|
||118,615|46,350|25,995|61,666|252,626|
||SL|SL|SL|SL|Straight Line<br>("SL")|
||<br>4%|4%|25%|10%||
|||||||
||84,724|3,802|1,875|49,207|139,608|
||-|-|-<br>1,875|-|-           1,875|
||4,745|1,854|6,499|5,098|18,196|
||-|-|-|-|-|
||-|-|-|-|-|
||89,469|5,656|6,499|54,305|155,928|
|||||||
||33,891|42,548|625|10,553|87,617|
||29,146|40,694|19,496|7,361|96,698|



- _The "transfers" row is for movements between fixed asset categories._ 

_** Please indicate the method of depreciation by deleting the method not applicable_ 

CARESCO Financial Statement 2022/23 

Page 26 of 33 



**Section C** 

**Notes to the accounts** 

**(cont)** 

## **Note 17                         Investment assets** 

## _**Please complete this note if the charity has any investment assets.**_ 

## **17.4  Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.** 

## **Analysis of current asset investments** 

**Cash or cash equivalents Listed investments Investment properties Social investments Other investments Total** 

|**This year**|**Last year**|
|---|---|
|**£**|**£**|
|-|-<br>|
|79,332|98,492|
|-|<br>-|
|-|-<br>|
|-|-<br>|
|79,332|98,492|



CARESCO Financial Statement 2022/23 

Page 27 of 33 



**Section C** 

**Notes to the accounts** 

**(cont)** 

## **Note 19                         Debtors and prepayments** 

## _**Please complete this note if the charity has any debtors or prepayments.**_ 

## **19.1     Analysis of debtors** 

|**19.1     Analysis of debtors**|||
|---|---|---|
|**Total**<br>**Trade debtors**<br>**Prepayments and accrued income**<br>**Other debtors**|**This year**<br>**£**|**Last year**<br>**£**|
||6,347.30|2,027.20|
||13,517.23|9,201.11|
||-|363.16|
||19,864.53|11,591.47|



CARESCO Financial Statement 2022/23 

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**Section C** 

**Notes to the accounts** 

**(cont)** 

## **Note 20                         Creditors and accruals** 

## _**Please complete this note if the charity has any creditors or accruals.**_ 

## **20.1 Analysis of creditors** 

|**Accruals for grants payable**<br>**Bank loans and overdrafts**<br>**Trade creditors**<br>**Payments received on account for contracts**<br>**or performance-related grants**<br>**Accruals and deferred income**<br>**Taxation and social security**<br>**Other creditors**<br>**Total**|**Amounts falling due**<br>**within oneyear**|**Amounts falling due**<br>**within oneyear**|**Amounts falling due after**<br>**more than oneyear**|**Amounts falling due after**<br>**more than oneyear**|
|---|---|---|---|---|
||**This year**<br>**£**|**Last year**<br>**£**|**This year**<br>**£**|**Last year**<br>**£**|
||-|-|<br>-|-|
||-|-|<br>-|-|
||1,913|2,286|-|-|
||-|-|<br>-|-|
||9,302|6,185|-|-|
||447|-<br>19|-|-|
||-|-|<br>-|-|
||11,662|8,452|-|-|



## **20.2 Deferred income** 

## _**Please complete this note if the charity has deferred income.**_ 

## _**Please explain the reasons why income is deferred.**_ 

Deferred income represents amounts paid for advertisements booked up to a year in advance for inclusion in bi-monthly publication.  (Discount is offered to customers for bulk bookings). 

|**_Movement in deferred income account_**<br>**Balance at the start of the reporting period**<br>**Amounts added in current period**<br>**Amounts released to income from previous periods**<br>**Balance at the end of the reporting period**|**This year**<br>**£**|**Last year**<br>**£**|
|---|---|---|
||5,506|6,080|
||10,180|10,563|
||-<br>8,133|-<br>11,137|
||7,553|5,506|



CARESCO Financial Statement 2022/23 

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|**Section C**<br>**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**|
|---|---|---|---|
|**Other**<br>**Short term deposits**<br>**Cash at bank and on hand**<br>**Total**<br>**Note 24**<br>**Cash at bank and in hand**<br>**Short term cash investments (less than 3 months maturity date)**||||
||**This year**<br>**£**|**Last year**<br>**£**||
||-|-||
||16,418|16,124||
||40,592|55,860||
||-|-||
||57,009|71,984||



CARESCO Financial Statement 2022/23 

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## **Section C** 

## **Note 27** 

## **Charity funds** 

## **Notes to the accounts** 

## **27.1 Details of material funds held and movements during the CURRENT reporting period** 

_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable).  The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet. * Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ 

|**_unrestricted funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**<br>**R or UR ***|**Purpose and Restrictions**|**Fund**<br>**balances**<br>**brought**<br>**forward**<br>**£**|**Income**<br>**£**|**Expenditure**<br>**£**|**Transfers**<br>**£**|**Gains and**<br>**losses**<br>**£**|**Fund**<br>**balances**<br>**carried**<br>**forward**<br>**£**|
|DESIGNATED FUNDS<br>INCLUDING RESERVES|UR|Funds designated for use in carrying out<br>Charitable Activities, including Reserve of<br>6 months Running Costs and Building<br>Fund for future new premises.|224,858|59,541|-<br>58,256|-<br>22,967|-|203,176|
|SPORT 4 ALL|R|Funds held as part of group of 4 local<br>organisations (including Sawtry Youth<br>Project, Sawtry Walk to Run Club and<br>Sawtry Village Academy) working<br>together to host a community Sports Day<br>event|8,441|-|-8,441|-|-|-|
|ALCONBURY THURSDAY<br>CLUB (CCC GRANT<br>FUNDING)|R|Grant funding received from local County<br>Council towards costs related to carrying<br>out Day Club activity|2,062|-|-2,062|-|-|-|
|CAMBRIDGESHIRE COUNTY<br>COUNCIL INFECTION<br>CONTROL FUND|R|Funding received to be put towards costs<br>in connection with staff members needing<br>to isolate due to Coronavirus.|<br>6,748|-|-6,748|-|-|-|
|HUNTINGDONSHIRE<br>DISTRICT COUNCIL DEFRA<br>FUNDING (SAWTRY<br>FOODBANK)|R|Funding received to be put towards costs<br>associated with the provision of the<br>Foodbank service.|463|-|-|-|-|463|
|MORRISONS FOUNDATION<br>GRANT (SAWTRY<br>FOODBANK)|R|Grant funding received for the purchase<br>of new storage shelving to be used in the<br>Foodbank warehouse.|275|-|-256|-|-|19|
|SAWTRY BUSINESSES<br>DONATION (SAWTRY<br>FOODBANK)|R|Donations received from local businesses<br>to support the Foodbank in providing food<br>parcels to local residents in need.|<br> <br>950|-|-950|-|-|-|
|HUNTINGDONSHIRE<br>DISTRICT COUNCIL WINTER<br>SUPPORT GRANT (SAWTRY<br>FOODBANK)|R|Funding received for direct costs<br>associated with recipients of Foodbank<br>parcels.|1,792|||-<br>1,792|-|-|
|NORTHGATE INFO<br>SOLUTIONS DONATION<br>(CARESCO CAVE)|R|Donation received for costs in connection<br>with renovations and improvements to the<br>premised where the CARESCO Cave<br>activity is carried out.|<br>421|-|-421|-|-|-|
|CAMBRIDGESHIRE COUNTY<br>COUNCIL CAPITAL GRANT<br>(CARESCO CAVE)|R|Grant funding received to carry out<br>renovation works to the leasehold building<br>where the CARESCO Cave activity is<br>carried out.|<br>740|||-<br>402|-|338|
|CAMBRIDGESHIRE COUNTY<br>COUNCIL EXTENDED HOURS<br>FUND (CARESCO CAVE)|R|Grant funding received to cover additional<br>costs incurred with extending the opening<br>hours of the CARESCO Cave.|<br>-|1,000|-|-|-|1,000|
|HUNTINGDONSHIRE<br>DISTRICT COUNCIL - HEALTH<br>INEQUALITIES PROJECT<br>FUND|R|Grant funding received to cover costs<br>associated with activities which help to<br>address Health Inequalities in the district.|-|10,500|-<br>1,804|-|-|8,696|
|THE JULIA AND HANS<br>RAUSING TRUST|R|Grant funding received towards running<br>costs of Sawtry Foodbank activity.|-|8,058|-<br>1,659|-|-|6,399|
|THE ALBERT HUNT TRUST|R|Grant funding received towards general<br>overhead costs of CARESCO.|-|2,000|-<br>738|-|-|1,262|
|**_Other funds (balancing_**<br>**_figure)_**|**N/a**|**N/a**|14,483|134,694|-<br>154,450|25,161|-|19,888|
|**Total Funds as per balance sheet**|||261,233|215,793|-<br>235,784|-<br>0|-|241,242|



**Fund balances carried forward include assets and liabilities denominated in a foreign currency** 

|Yes*<br>No*|Yes*<br>No*|
|---|---|
|✓|✓|



CARESCO Financial Statement 2022/23 

Page 31 of 33 



## **Section C** 

## **Note 27** 

## **Charity funds** 

## **Notes to the accounts** 

## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** 

_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable).  The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ 

_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ 

|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**<br>**R or UR ***|**Purpose and Restrictions**|**Fund**<br>**balances**<br>**brought**<br>**forward**<br>**£**|**Income**<br>**£**|**Expenditure**<br>**£**|**Transfers**<br>**£**|**Gains and**<br>**losses**<br>**£**|**Fund**<br>**balances**<br>**carried**<br>**forward**<br>**£**|
|DESIGNATED FUNDS<br>INCLUDING RESERVES|UR|Funds designated for use in carrying out<br>Charitable Activities, including Reserve of<br>6 months Running Costs and Building<br>Fund for future new premises.|231,315|44,037|-<br>47,661|-<br>2,834|-|224,858|
|SPORT 4 ALL|R|Funds held as part of group of 4 local<br>organisations (including Sawtry Youth<br>Project, Sawtry Walk to Run Club and<br>Sawtry Village Academy) working<br>together to host a community Sports Day<br>event|6,295|5,950|-<br>3,814|-|-|8,431|
|ALCONBURY THURSDAY<br>CLUB (CCC GRANT<br>FUNDING)|R|Grant funding received from local County<br>Council towards costs related to carrying<br>out Day Club activity|4,259|2,062|-<br>4,259|-|-|2,062|
|GREEN END DAY CLUB (CCC<br>GRANT FUNDING)|R|Grant funding received from local County<br>Council towards costs related to carrying<br>out Day Club activity|-|16,869|-<br>16,869|-|-|-|
|CAMBRIDGESHIRE COUNTY<br>COUNCIL INFECTION<br>CONTROL FUND|R|Funding received to be put towards costs<br>in connection with staff members needing<br>to isolate due to Coronavirus.|<br>3,222|4,399|-<br>873||-|6,748|
|BGL GROUP GRANT<br>(SAWTRY FOODBANK)|R|Funding received for purchasing food for<br>including in Foodbank parcels.|1,832|-|-1,832|-|-|-|
|HUNTINGDONSHIRE<br>DISTRICT COUNCIL DEFRA<br>FUNDING (SAWTRY<br>FOODBANK)|R|Funding received to be put towards costs<br>associated with the provision of the<br>Foodbank service.|955|-|-492|-|-|463|
|MORRISONS FOUNDATION<br>GRANT (SAWTRY<br>FOODBANK)|R|Grant funding received for the purchase<br>of new storage shelving to be used in the<br>Foodbank warehouse.|348|-|-73|-|-|275|
|SAWTRY BUSINESSES<br>DONATION (SAWTRY<br>FOODBANK)|R|Donations received from local businesses<br>to support the Foodbank in providing food<br>parcels to local residents in need.|<br> <br>950|-|-|-|-|950|
|VILLAGE<br>COLLECTION/DONATION<br>(SAWTRY FOODBANK)|R|Donation received from local village<br>residents to support the Foodbank in<br>providing food parcels to local school<br>children during school half term.|611|-|-611|-|-|-|
|HUNTINGDONSHIRE<br>DISTRICT COUNCIL WINTER<br>SUPPORT GRANT (SAWTRY<br>FOODBANK)|R|Funding received for direct costs<br>associated with recipients of Foodbank<br>parcels.|1,635|272|-<br>116|-|-|1,792|
|NORTHGATE INFO<br>SOLUTIONS DONATION<br>(CARESCO CAVE)|R|Donation received for costs in connection<br>with renovations and improvements to the<br>premised where the CARESCO Cave<br>activity is carried out.|<br>421|-|-|-|-|421|
|CAMBRIDGESHIRE COUNTY<br>COUNCIL CAPITAL GRANT<br>(CARESCO CAVE)|R|Grant funding received to carry out<br>renovation works to the leasehold building<br>where the CARESCO Cave activity is<br>carried out.|<br>740|-|-|-|-|740|
|**_Other funds (balancing_**<br>**_figure)_**|**N/a**|**N/a**|37,110|110,783|-<br>136,233|2,834|-|14,494|
|**Total Funds as per balance sheet**|||289,692|184,371|-<br>212,831|-|-|261,233|
|**Fund balances carried forward include assets and liabilities denominated in a foreign currenc**|||**y**|Yes*<br>No*<br>✓<br>✓|||||
|||||✓|✓||||



CARESCO Financial Statement 2022/23 

Page 32 of 33 



**Section C** 

**Notes to the accounts** 

**(cont)** 

## **Note 27 Charity funds (cont)** 

## **27.3 Transfers between funds** 

|**27.3 Transfers between funds**|||
|---|---|---|
||**Reason for transfer and where endowment is converted to income,**<br>**legalpower for its conversion**|**Amount**|
|Between unrestricted and restricted funds|Where restricted funding has been spent on Tangible Assets, to<br>reallocate funds in order to reduce balance of grant available to spend,<br>and allow for depreciation of assets from unrestricted funding.|£2,194.20|



## **27.4 Designated funds** 

|**27.4 Designated funds**|||
|---|---|---|
|**Planned use**|**Purpose of the designation**|**Amount**|
|DEPRECIATION FUND FOR CARESCO CAVE<br>LEASEHOLD IMPROVEMENTS ASSET|Funds transferred from Restricted Income Fund granted for the purpose<br>of carrying out repairs/improvements to a leasehold building, which<br>upon expenditure is considered an unrestricted asset.  Funds are<br>designated to cover the depreciation in the accounts over the lifetime of<br>the asset, whilst reducing the balance of the Restricted Income Fund.|£36,170.39|
|CARESCO CAVE|Funds designated for costs associated with carryingout the activity.|£2,153.43|
|CHATTERBOX|Funds designated for costs associated with carryingout the activity.|£426.75|
|CHRISTMAS DAY|Funds designated for costs associated with carryingout the activity.|£1,609.58|
|COMMUNITY SUPPORT|Funds designated for costs associated with carryingout the activity.|£1,226.85|
|GREEN END DAY CLUB|Funds designated for costs associated with carryingout the activity.|£10,130.21|
|SAWTRY FOODBANK|Funds designated for costs associated with carryingout the activity.|£5,808.25|
|SOUNDS GOOD|Funds designated for costs associated with carryingout the activity.|£453.08|
|MINIBUS|Funds designated for costs associated with the purchase or lease of a<br>new minibus.|£11,338.16|
|BUILDINGFUND(RESERVES)|Funds set aside for anticipated future costs associated with the<br>purchase or construction of a new building for housing the main<br>CARESCO Centre at such time as the current premises becomes<br>unsuitable (estimated lifespan of current buildingis nearing its end).|£45,000.00|
|6MONTHSRUNNING COSTS (RESERVES)|Equivalent of estimated 6 months running costs/overheads set aside in<br>the event that income streams are impacted.|£88,860.00|



CARESCO Financial Statement 2022/23 

Page 33 of 33 




## **Independent examiner's report on the accounts** 

**Section A                        Independent Examiner’s Report** 

**Report to the** CARESCO LTD **trustees/directors/ members of On accounts for the year** 31.03.2023 **ended Charity no.:** 1140728 Company no.: 7513432 

**Set out on pages** 

(remember  to include the page numbers of additional sheets) 

I report to the charity trustees on my examination of the accounts of the Company for the year ended **31 / 03 / 2023** . **Responsibilities and** As the charity’s trustees of the Company (who are also the directors of the **basis of report** company 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 for this year 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** I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or • the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102). 

**October 2018** 

1 

**IER** 



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. 

**Date:** 18/12/2023 **Signed: Name:** LISA WATSON **Relevant professional** IAB / ACCA **qualification(s) or body (if any): Address:** 10 PARK ROAD SAWTRY HUNTINGDON 

## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the examiner wishes to disclose** . 

**October 2018** 

2 

**IER**