2024-03-31-accounts - Caresco

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

CARESCO meeting needs in our local community ANNUALREPORT 2023-2024 Registered Company Number 7513432 Registered Charity Number l 140728 The Que•n's Award forvoluntary Service TheAIBEforvolunleergroup5 CARESCOAnnualReport2Q23-24

Have you visited our website yet?

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

Welcome to our ANNUAL REPORT 1st April 2023 to 31st March 2024 For information on anything in this Annual Report, please contact: The CARESCO Office Green End Road, Sawtry Huntingdon, Cambridgeshire PE28 SUX Monday- Fridayi 9am- 12 noon On 07487832105 Email: office@caresco.org.uk Or visit our website at IYIYIY.CARESCO.OR8.UK CARESCOAnnualReport2Q23-24

CONTENTS PAGE Introduction Chairman's Report Treasurerfs Report Grants Customer Service Manager Services Manager Remembering Liz Coates Community Support Green End Day Club Sawtry Eye Charity Shop The Cave 14 Chatterbox Coffee Shop Car Scheme Sounds Good Christmas Day Party Sawtry Foodbank Tuck Shop CARESCO Gardens 20 CARESCO Volunteers 20 Fundraising 22 The Story So Far. 23 Management Committee 23 Published by CARESCO Printed by Clanpress, Kings Lynn October 2024 C4RE5COAnnual Report2023-24

Introduction

Can you help to secure Caresco’s future? Since 1982 we have provided help and support to our local community. To ensure that we can maintain our current standards we need your help with fundraising.

CHAIRMAN,S REPORT It hardly seems a year has passed since we last prepared an annual report on the life ofCARESCO! A little bit about me, my name is Dave Dougherty and my professional background is in Construction. I became a Volunteer with CARESCO in 2019. In 20211 was invited to be a Trustee and in February this year became Chairman, I'm very proud to be part of such a unique charity. This has been an eventful year for all of us as we said goodbye to colleagues who have worked hard within the organisation for the benefit of others. Emma Flanz, our General Manager, has moved on to pastures new and we wish her well in her new role. Our staunch supporter and secretary, Liz Coates, who did so much of the admin side and day to day running of CARESCO, sadly passed away. She will be missed by all of us. But CARESCO never stands still and our charity, now managed by Sharon Dougherty and Jacqui Hedington, along with their team of managers and dedicated volunteers are taking us forward. As a volunteer, it was a first for me this year to experience our Christmas Day party while driving the minibus, dressed as an elf, collecting our guests and taking them to the Centre. Helping with the serving of meals and, once Santa had visited, taking them all home at the end of the day. It was a very humbling experience and you could actually see in the guests faces what a difference our team of volunteers had made in their lives for that day when they may otherwise have spent it at home alone. We have reviewed our processes and procedures and we are more confident than ever that mistakes will not occur in the future. Finally, where would we be without our team of volunteers? They show up every day in the different activities and work tirelessly behind the scenes. Working hard and supporting us, fundraising at our events and so much more to make this charity the success it is. Thank You each and every one of you. Long may we continue making a difference to people's lives in ourcommunity. Dave Dougherty TREASURER,S RÉPORT It's been another challenging year, and full of changes for CARESCO. We've lost some key members of staff, and gained a few more, we've had to deal with minibus issues and the inevitable problems that arise from an ageing building. We've had to contend with the rollercoaster that is the UK economy, and the impact it has had on both our costs and our income streams. But through it all, CARESCO have continued to do what we do, and tried to provide the best service we can for the community that we all cherish so much. The cost-of-living increases have meant that everyone has less to give, but it also means that the demand for our services is higher than ever, and so we are faced with the added struggles of trying to do more with less. With this in mind, iys no surprise that for the 3rd year CARESCO'S accounts are showing a deficit, this time ofjust over £25,000. As always, I would like to extend my thanks to the members ofthe Finance team, as well as the many CARESCO Staff and Volunteers who have helped to keep things running smoothly throughout the year. I would also like to thank all the members of our communitywho continue to support us. CARE5COAnnual Report2023-24

We are grateful for everyone who chooses to spend their hard-earned money to support CARESCO, whether it be a regular or one-off donation, attending a fundraising event or one of our many activities, advertising in the Sawtry Eye, picking up a few bargains at the Charity Shop or popping into the Coffee Shop on a Friday for a cup oftea and a cakel Every penny is greatly appreciated. Heather Bohonis FINANCIAL STATEMENT The examined financial statement for the year April 2023 to March 2024 is published as a separate document and is available on request. Our thanks to our Independent Examiner, Lisa Watson and also to our Accounts team, Manager Marina Joyce and her Deputy Donna Green, for all their hard work day-to4ay to ensure that the financial records are kept up to date. FINANCIAL RESERVES Reserves are that part of a charity's unrestricted funds that are freely available to spend on any of the charitys purposes. This excludes restricted income funds and tangible fixed assets held for the charitls use and amounts designated for essential spending. Having considered all the facts and information available in 2024 according to the current economic climate and the predictions of a worldwide recession, the Trustees 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 believed that this was a suitable length of time for them to consider the options and to find a solution to the difficulties. In addition to the above, the current building from which CARE5CO 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. Therefore, a Building Fund Reserve is being accumulated toward this goal in preparation for this eventuality. GRANTS My role at CARESCO is to apply to various Charitable Trusts, Local Authorities and Parish Councils for grants to help pay for our sizeable running costs. l also apply for funding to cover specific events and items that enrich our service users experience. This is very much a team effort with the other staff and trustees as it cannot be done without their valuable input. Thanks must also go to one of our volunteers Emilie Ashwood for her continued assistance in researching eligible grants. This has enabled me to spend my limited time drafting and managing the applications and is very much appreciated. The Grants arena remains very competitive, as an example we had 22 grants declined over the last year. When we are successful, however, iys very satisfying to know that they help CARESCO to continue to provide their fabulous services to the people of Sawtry and beyond. At the time of writing, there are 9 applications being considered by various funding organisations and we have been very fortunate to have been awarded the 12 grants detailed. Date Grant Provider Use Value 4123 Vera Fox Trust Minibus Costs £10,000 4123 Postcode Places Trust Unrestricted £10,000 CARESCOAnnualReport2Q23-24

Date Grant Provider Use Value 4123 Garfield Weston Trust Unrestricted £10,000 8123 Mary Merchant Trust Alconbury Parish Council Unrestricted £15,000 9123 Unrestricted £250 The National Lottery (Awards For Alll Interactive Smartboard & Games for the Green End Day Club IGEDCI GEDC Christmas Party for all Mon-Thurs attendees 9123 £3,000 10123 Skipton Building Society £450 10123 Stilton Parish Council Unrestricted £250 11123 The Cole Trust Unrestricted £1,000 12123 DWF Foundation Various office chairs, footrests and an Adjustable desk for the CAVE Workshop Foodbank £1,458 12123 Sawtry Parish Council £500 12123 John Lewis Community Connections Event 2024 £1,000 TOTAL £52,908 If you are aware of any grant providers that could help us, please do let me know on rants caresco.or .uk. Thank you all. Dee Pike CUSTOMER SERVICE MANAGER The Customer Service Manager role was created along with the Service, and Finance Manager Roles as part of the restructuring of CARESCO at the beginning ofjune 2023 following Emma Flanz departure. Having joined CARESCO in August 2019 as the Charity Shop supervisor and then being appointed as Manager in November of the same year, I was happy to take on this role and to extend my areas of management to other projects. Those projects being the Coffee Shop, the Centre Gardens, the Tuck Shop and our Christmas Day party. Whilst some of these projects started within CARESCO in previous years it has been and continues to be my aim to work in ways where they can be brought to the forefront slightly more and given the recognition that they deserve whilst serving our community in an even greater way. In a nutshell, the aim of the Customer Service Managers role and the projects that come under its umbrella is to generate a regular income which will help enable the CARESCO services to continue for many years to come. The individual reports for each of the Customer Service projects will, I hope, show how things have progressed in a positive way throughout the last financial year. During a year of change which has been challenging at times, I believe that these projects have excelled thanks to some slight changes and as always, the massive support given by the Volunteers that are a part ofthem. We now have 76 Volunteer roles within the Customer Service projects and C4RE5COAnnual Report2023-24

these are covered by 64 Volunteers, what would we do without theml We are, of course, very proud of our Volunteers and I know they too, are proud to be supporting CARESCO. Like most members of staff, l also volunteer with all my projects, it is a wonderful Charity to be a part of. After a year of concerns, sadness and new challenges I feel that CARESCO will use these experiences and become even stronger which, in return, will be a good thing for our community. Sharon Dougherty SERVICES MANAGER I started 2023 as the fundraising Manager at CARESCO and due to our General Manager Emma Flanz moving on to pastures new a vacancy arose for some of her hours. A daunting prospect of how anyone was going to fill Emma's shoes was the first thing I thought and then realisation of being offered some of her job role. I became the Services Manager from June 2023, and I would like to say a huge thank you to Emma for all her hard work in making CARESCO a better place whilst she was here. Also, for passing on lots of knowledge and information before she left and working so hard for a charity she believed in. I had the pleasure of attending the Hunts Forum AGM with another member of Staff and a Trustee and it was very informative. We listened to what Hunts Forum had been up to and how they were going forward with their future plans. They also presented local groups with awards for their efforts within the community. It gave CARESCO a chance to interact with other groups, swap notes, put names to faces and bond over what we all do. Our Strength and Balance classes continue to be very well attended and after local council funding came to an end our members decided to fund it themselves. We have also been fortunate to guarantee a small grant to cover the classes for a twenty-week period. It has made a huge difference to people's lives, and they have said how much this type of exercise class has improved their mobility. Long may it continue. I have attended many meetings and online zooms to get training or information within the local community. We are regularly updated on any care organisations and how they may impact our club members. This information is shared with people within CARESCO and with our Staff and Volunteers. We also keep updated with any meetings training and drop-in sessions run by the local authority. We continue to help ourcommunity in any way that we can. l attended the Hunts Forum Volunteer awards, and it was a fabulous event. It was amazing that our Volunteer Donna Green won the bronze award for which she was very grateful. Well done Donna for all your volunteering efforts over the years and we thank you so much for everything you do. Lots of staff have attended training in order to better ourselves within our job roles. We have completed First Aid Training, computer training sessions and Mental Health training. Other training on Dementia and GDPR are in the pipeline too. In October 2023 we sadly lost Liz Coates. Although we were aware that Liz had been suffering with ill health, she was sadly taken from us far too soon. We will always remember Liz for everything she did in all the time that she was involved with CARESCO and as a valued friend and colleague,. she is sadly missed by us all. Our projects all continue to be busy, and the centre is always a hive of activity. It is always lovely to hear happy voices, singing, people chatting and enjoying the main reason they come to CARESCO. l am sure that CARESCO will continue to grow and support Sawtry and the wider community as it always has done and that is with a smile, grace and never, ending thanks. Jacqui Hedington CARESCOAnnualReport2Q23-24

REMEMBERING LIZ COATES 1 March 1965- 22 October 2023 Liz was a pivotal member within her church and community and has left a huge legacy at CARESCO. She was one of those special people who did so much for everyone else. In the beginning, Liz was a CARESCO volunteer; she was Deputy Manager of the Day Centre and became General Manager in 2001 although she wore many other hats during her association with CARESCO. In all that time she would have seen scores of Staff, Trustees and Volunteers come and go and is only just pipped to the post for gold, in terms of longevity with the organisation, by her dear friend and colleague Marina, with whom she worked so closely for many years. The adage about giving something to a busy person and thelll get it done could have been invented for Liz, for she was tireless in her commitment in all she did for CARESCO. Championing and advocating us and educating us to become more environmentally friendly as a charity AND, like many working part time, she always put in far more than her allotted hours. In short, Liz has been our oracle, our 'go to, for year-on-year since 2001 and CARE5CO and all its Staff, Volunteers and Members- past and present, are the beneficiaries of her legacy and passion for the organisation. We're sure we echo the thoughts of many of us, when we say, quite simply, that CARESCOjust won't feel the same without her. COMMUNITY SUPPORT Volunteer Co-ordinator: Aims." Jenny Mortimer To provide support to those needing help with everydayerrands Jenny has been a fabulous volunteer in leading the Community Support team and we are very grateful for all she has done. Jenny will be stepping down from this role this year and we would like to thank her for all her support, kindness and help. Also, a huge thank you to all the volunteers that help to deliver all the prescriptions and do the shopping trips. The statistics (see table) shows the need within our community for this service to continue. The volunteer numbers are quite consistent, and they all support each other in the smooth running of this facility. Month Prescription Deliveries Shopping Trips Shopping Trips Month Prescription Deliveries April 2023 May 2023 June 2023 October 2023 72 64 November 2023 76 86 December 2023 16 July 2023 August 2023 September 2023 62 January 2024 February 2024 March 2024 54 40 83 80 112 The total number of Prescription Deliveries 745 and Shopping Trips 38. Jacqui Hedington CARE5COAnnual Report2023-24 10

GREEN END DAY CLUB Manager: Vicki Currington Deputy: Suzanne Millman Cook: Helen Trebes CARESCO Centre Monday to Thursday, 10.00am- 2.00pm To bring togethermembers of ourcommunity fora regularday of friendship, food& fun We have had a few trips out this year. We have been to Mulberry Tree Farm, Dobbie's twice and at Christmas we went to the Greystones. We joined in the scarecrow trail in April with our lion that we all made at the club to go along with the theme of The Coronation and in May we held an afternoon tea to celebrate The Kings Coronation. Our bus went to auction in June as we decided to go down the route. of leasing a newer bus which we finally acquired in September. During the interim we purchased a car so that we were able to pick our members up. Our volunteer drivers also helped out during this period and we are so thankful to them. It was so nice to see all our members being picked up in our sign written shiny new bus when it arrived. Emma Flanz left as our General Manager in June to start a new job. She always did so much for CARESCO, and our club and we wish her well in her new role. One of our members did a sponsored beard and haircut in August raising over £600 for CARESCO. September saw Elizabeth Coates step down as a Trustee. She oversaw the running of GEDC and was always on hand when we needed her. Su Merton became our new club Trustee in February. We are very grateful for the support that she gives us. Our bus driver left in October, and we now have two drivers who share the role and two Volunteer chaperones. Our Grants Officer, Dee Pike acquired a grant for us in December that %* enabled us to purchase an interactive smart board for our members to use. Our local councillor Simon Bywater came in for some publicity photos. Dee also secured a grant for our Christmas party, which allowed us to give our members a free festive day with good .food, games and Christmas gifts. Our club room had a lovely face lift over the Christmas period and was all repainted ready to welcome our members back in the New Year. In February we had Golden Games begin every otherTuesday in the club room as Love To Move finished in December. It has proved very popular and a lot of fun. OurVolunteerTwink has been in a few times over the year to do crafts with our members. They have made Easter and Christmas cards and lovely crowns for our Coronation celebrations. Sounds Good joined us on our Christmas party day and entertained us with songs, carols and funny rhymes. It was so much fun and enjoyed by all. Ellie from Healthy You came in February to talk to all of our members about the service they provide and to give blood pressure checks. Venue: When: Aims.. CARESCOAnnualReport2Q23-24

We held three quiz suppers over the year which always prove very popular and raise money for our social fund. October was an extremely hard month for all of us at CARESCO as we had to say goodbye to our friend and colleague Liz Coates. Liz was the heart of CARESCO and one of the kindest, funniest souls we have ever known. Her knowledge of CARESCO was so vast and if you had a problem Liz was always the one to go to. She has left a huge hole that can never be filled, and she will always be a huge part of CARESCO. We welcomed 17 new members, 4 new volunteers and served over 3,000 meals_ over the year. Finally, we would like to thank all our members, volunteers, chaperones, Sounds Good, Twink and all the Staff and Trustees for their support over the past year. Vicki Currington, Suzanne Millman & Helen Trebes SAWTRY EYE Editor5: Designer. Bi-monthly. Distribution: Liz Coates (until October 20231 & Marina Joyce Donna Green February, April, June, August, October & December Conington, the Giddings, Glatton. Holme, 5awtry, Upton and Winwick To edit, produce and distribute a community magazine funded by advertising It has been a difficult year for the Sawtry Eye with losing our wonderful Co-Editor Liz Coates who sadly passed away in October. Not only was Liz the Co-Editor she was also the face of the Sawtry Eye who dealt with many phone enquires, sent many emails, and proof read thousands of articles. Liz started in 2001 and her first issue she co-edited was the Oct/Nov 01. In that time as a team we have edited and produced around 130 issues and even though some were challenging she loved lalmostl every minute! Liz was not only a colleague but also a friend and we will miss her but as Liz always said even though things change the Sawtry Eye will continue to spread local news. My thanks to our graphic designer Donna Green who worked closely along side Liz since 2012 who has kindly stepped in as Co-Editor to help me to produce the Sawtry Eye. The bimonthly magazine circulates 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. Our thanks also to the team at Clanpress who print 3500 hard copies ready for circulation. Aim& Marina Joyce C4RE5COAnnual Report2023-24

CHARITY SHOP Manager. Supervisor: Venue: Sharon Dougherty Tina Drage 7 Greenways, Sawtry, PE28 SUR, Monday- Friday: 9am- 4.30pm Saturday.. 9am- 4pm Sunday: Closed E- shop@caresco.org.ul' T- 01487 208026 To provide a local low-costrecycling service for the community while raising funds to enable the wider activitie5 of the charity. The Charity Shop remains a big part of the community and people are still coming from all over to visit us and enjoy the many bargains that can be found there. We are continuing to offer a booking system for receiving the generous donations every day. An amazing 4,561 units of donations have been brought to our shop; such great support from the community which helps to keep CARESCO going. As a result of this system our Gift Aid register continues to rise which shows in the claims received from HMRC. The income for this has risen 3-fold since the booking system was introduced, we have registered 135 new Gift Aiders and updated the details of 28 in the last financial year alone. We have enjoyed showing off several scarecrows in our shop window, offering other ways of increasing our footfall and sales by way of a themed rail throughout the year. We were, once again present at the Village Carnival which was enjoyed by all who took part and participated. What has become a yearly event is our Fashion Show, this year it took place at the CARESCO Centre. It was a more intimate affair, enjoyed by Volunteers and Customers. The main aim of the Fashion Show is to promote the shop and to show our Volunteers in a slightly different light which it did and, as a bonus, introduced some of our villagers to the CARESCO centre and the things that are on offer there. We continue to offer our Hampers in the run up to Christmas full of new donated items. Our social Media page is a big part of the shop, helping to spread the word more widely of any offers or bargains we have for sale and to show off our team of wonderful Volunteers. Throughout the year 546 electrical items have been PAT tested at the shop and then sold. A small percentage of our books, CDS, DVDS are still sent off to Ziffit with most of them being sold at the shop, always a popular purchase. We continue to support other areas within CARESCO by selling Tickets, Quiz Sheets and advertising events in our window. Our Social Events, which are self-funded help our wonderful Volunteers enjoy time together and it is always good to catch up with them all in one room rather than just at our yearly meeting where we discuss any concerns or ideas for the shop. Our Volunteers continue to be the backbone of the shop and as 'Tina Drage and l always say, without them, we simply would not be here. What they bring to the CARESCO table cannot be beaten and it is an absolute pleasure to work alongside them all. Sharon Dougherty When: Contact: Aims.. WE 13 CARESCOAnnualReport2Q23-24

THE CAVE Manager. Deputy: Venue: Shaun Pollock Sheila Tibbs Sawtry Community Centre Monday & Tuesday 9- 1 pm & Thursday, 9- 4pm To provide a Safe space to build friendships while sharing expertise andpassing on knowledge As usual the Cave has been a hive of activity, and we have a good turn out of Cavers at every session. This is regularly between 10 and 18 members in the building at any one time. At the moment we have a member who is unable to attend due to the deteriorating health of his father, but they hope to return once their situation improves. From Easter, the main focus of the Cavers was preparation for the Sawtry Carnival in the summer. The Cavers enjoy being able to showcase what they do and to be actively involved in a community event. Over the last two months, rocking horses were given new manes and saddles, halter hoops were made, and hobby horses were created from upcycled materials. In addition, some members volunteered their time to create props for other community groups e.g. menu signs for the Green End Day Club based at the CARESCO Centre and a'wanted, poster for the Sawtry Wl. The Cave continues to be approached by members of the community to undertake various tasks. Requests range from being asked to drill holes in a metal table for a parasol to being asked to make bird boxes or repair benches Ifor adults and dolls). Larger projects have included making a planters and leaf collection boxes. This is in addition to the repairs that have been j undertaken to electrical items, 54 PAT tests that have been completed and 12 watcheslclocks that have been repaired. The textiles team were also tasked with a very personal request last month when 9 memory bears were requested. The ladies sourced a template (with no instructions) and using their varied skills were able to work out the construction method required. The bears were lovingly and beautifully made, and the customer was very happy with the outcome. When: Aims.. In addition to all the practical tasks that the Cavers undertake, the Cave has become an invaluable source of emotional support for all those who attend. In the last two months, we have had members taken ill on site. In this time of crisis, the Cavers worked together to ensure that the best care was given at the time and provided support upon their return. We have also had Cavers who have been managing personal issues at home,. the Cave is very much their 'safe place, where they know they have people to talk to and seek advice from. Sometimes, the Cave's machinery is quiet as the Cavers simply engage in conversations. On a number of occasions recently, Cavers have told me that the Cave has been their saving grace when times have been quite hard. Here's hoping we see it continue into next year. Shaun Pollock C4RE5COAnnual Report2023-24 14

CHATTERBOX Volunteer C(FOrdinator: Alison Scott CARESCO Centre Second & Fourth Monday from 2- 4pm To providepeer5upport, advice and friendship for family corer5 and those for whom they care. We had to wave a fond farewell to our Volunteer co-ordinator Ali Scott who stepped down from this role. We would like to thank Ali for all her hard work, commitment and support during her time with us. That left us with a volunteer vacancy which we were actively looking for and we're confident one of the Volunteers will take on the challenge. The Chatterbox sessions continue to meet and enjoy the company of each other. All of this is surrounded by chat, tea, coffee and of course cakel! They have had a summer BBQ, Christmas get together, talks on Bee keeping, a talk from a supporting tv and film artist, quizzes, singing groups, holiday talks and have more visits lined up for the future. A big thank you must go to our volunteer bakers who provide cakes for this group. We have also had 2 new members join and were made most welcome. The Chatterbox group also continue to support CARESCO events and quizzes. Jacqui Hedington Venue: When: Aims.. COFFEE SHOP Manager: Volunteer C(FOrdinator. Sharon Dougherty Carolyn Watts CARESCO Centre ss SS Venue: When: Friday, 9- 11.30am To provide a venue forpeople to meet up with old friends and to get to know new ones over a cuppo and cake. Since June we have had a Social Media page on Facebook which is helping to spread the word of our Coffee Shop. During the months of April '23, to March '24, the Coffee Shop has seen 1,169 customers come through the door. There has been a steady rise in the numbers which have increased almost fourfold. An incredible 1,412 slices of cake have been sold which is a credit to our wonderful team of bakers. As customers have continued to increase, a need for more bakers has arisen and after advertising through various mediums we currently have a team of 15 bakers, 4 of which welcome our customers every Friday morning at the centre. We now offer a regular monthly table event where people are invited to show off and sell their arts, crafts, beauty products etc. We also have a Toy Box and play mat to offer to our younger customers, this is proving to be popular and it's lovely to hear children playing and enjoying our Coffee Shop too, they are our futurel Our Volunteers as ever are a very large cog in the wheel here and we are forever grateful to them for sharing their time and baking skills with us, it is very much appreciated and enjoyedl Aim5.' Sharon Dougherty 15 CARESCOAnnualReport2Q23-24

CAR SCHEME Volunteer Ctrordinator: When: Steve Robson Daytime weekdays, depending on availability T- 07810 476979 Contact: Aims. To provide an affordable alternative foranyone who has difficulty Using public tran5POrt. The car scheme is still as busy as ever and is run expertly but our Volunteer ClFordinator Steve Robson. A big thank you to Steve for all he does and what he brings to this role. We still concentrate on medical trips only as this decision was one decided best to carry on with. We have a very good team of drivers and of course the search is always on for more to join the team. Having spoken with other car schemes in the local area it seems that it isn't just us that are always looking for more drivers but it's a county wide search. The car scheme continues to be well supported by the local community and proof that it is a much-needed service. Please see the figures below. Numberof Mile5 Month Numberof Trips Numberof Miles Number of Trips Month April 2023 May 2023 June 2023 1158 45 October 2023 425 24 289 22 November 2023 723 30 234 December 2023 422 July 2023 August 2023 September 2023 284 18 January 2024 February 2024 March 2024 288 141 543 687 32 455 At the last car scheme meeting there was lots to discuss, and it was nice for existing drivers to say hello to each other and meet our new driver. We have some new volunteers that have approached us after seeing our recruitment posters and social media request for new drivers so hopefully that will boost our team. We are still following the 45p per mile pricing structure and are guided on this by HMRC. We are always eager to hear from anyone who wants to join as a car scheme driver and happy for you to contact us for a chat. Jacqui Hedington SOUNDS GOOD Volunteer C(FOrdinator: Pam Tuplin CARESCO Centre Venue: When: Second & Fourth Fridays, 1.30- 3.00pm To provide a friendship group for those who enjoy all things musical & the spoken word Although we have sadly lost one or two members in the past twelve months, our numbers have grown and our average attendance is 18. The group is open to anyone interested in music and C4RE5COAnnual Report2023-24 16 Aims..

literature, and the accent is on involvement, rather than passive listening. We are prepared to learn about different genres of music and the printed word, musicians, composers etc. and will tackle a variety of challenges, like choral reading and part-singing. We do sing quite a lot, but we do so much more. We have sung carols at the local church, and visited other groups to entertain with a programme of items (songs, poems, readings etcl from our previous sessions. We have gained much from sessions led by fellow members of the group, but have also welcomed visiting speakers who have entertained and educated us with their expertise. Recently, we enjoyed a flute recital, and been enlightened and sometimes surprised by those coming to tell us about 'Music in My Life,. Each session ends with tea and cake, time to talk about the session, make suggestions for future meetings, and above all, have a good chat. Pam Tuplin CHRISTMAS DAY PARTY Manager: Volunteer Ctrordinator: Sharon Dougherty Tina Campbell CARESCO Centre Annually on 25th December To provide an opportunity forpeople who would otherwise be on their own to get together on Christmas Day to enjoy a troditional lunch and celebration. Venue: When: Aim& This was my first experience of volunteering at our Christmas Day Party. Behind the scenes the lead up to the event started months before when fund raising started in April. It is a real CARESCO volunteer team effort from start to finish. We were very fortunate to receive a donation from Nisa Local Making a Difference Locally, which boosted the Christmas pot. The CARESCO Minibus was out and about early in the morning picking some of our diners up, Elf the driver / was dressed in his best outfit for the occasion. Tina Campbell and I were invited to take part in a live radio broadcast on BBC Radio Cambridgeshire in the early part of the morning where we had the chance to blow the CARESCO Trumpet. We welcomed 35 people to sit down for lunch and, for a small fee, we delivered a further 9 meals to those who were unable tojoin us. Our Christmas Day Party is about encouraging guests to come out and be with other people and it was special to see such a good time being had by everyone. Our Christmas meal was enjoyed by everyone, Father Christmas and his helper even made time out oftheir rest day to pop in and make sure everyone received a present. We had a sing song, party games and everyone listened quietly to the Kings Speech. The Minibus and Elf was at hand to drop some of our guests back home along with their party bags full of all sorts of goodies to enjoy that evening and N enough for Boxing Day. Our team ofvolunteers work tirelessly to make sure the Christmas Day party is a very special gift to be able to give and we look forward to doing the same again this year. A big thank you to all involved. Sharon Dougherty 17 CARESCOAnnualReport2Q23-24

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 To provide emergency food for localpeople in crisis by working in partnership with the congregations of the Sawtry & Glatton Churches The Cost-of-living crisis has continued throughout the past twelve months, and this has led to an increase in the need for food support in our local community. In general, the number of donations has declined too, for the same reason. We have maintained our donation links with local groups, and we now have sixteen donation points in five local villages. We have continued our Basket Challenge, collecting donations from the local community. I have attended monthly meetings with the Hunts Food Network and built links with the other Foodbanks and Community Fridges. In April, we gave some of our surplus stock of pasta and soup to the Community Fridge in Huntingdon, then in February we received some cereal from a surplus of stock at St Ives Foodbank. I have attended monthly Citizens Advice briefings, gaining information on patterns and trends in the support needed across the U In May, Emma, Jacqui and l attended the Coop Annual Members Meeting and there was an opportunity to network with two local Foodbanks. In June, Sawtry Cars raised £300 for the Foodbank at the Sawtry Carnival. Emma sadly left CARESCO for a new job opportunity and will be missed by staff and volunteers. In the r&structure that followed, we welcomed Jacqui as our new Services Manager and Sharon as Customer Service Manager. The Summer Scheme was successfully updated to one large delivery at the start of the holiday. This saved volunteer time, driver mileage and stock. There was a 58% increase in the number of children on the scheme compared to 2022. In August, we received a Princes Food donation of a pallet of tinned items. This was a welcomed boost to the stock levels. September was a bumper month for donations, as we received Harvest Festival donations from many local schools and churches. There was a visit from some pupils from Sawtry Junior Academy, who helped to unpack all their donations too. Along with these we received donations and a cheque from Sawtry Walk To Run who held an event in the village. St Luke's Foodbank sadly had to close, and they kindly gave us the stock they had left. There was a visit from Sawtry 2nd Brownie Pack to the Foodbank in October, and they presented me with donations and a cheque for £358. We received the very sad news that our colleague and friend Liz, had passed away. She was always helpful, positive and kind. We miss her guidance and support. After lots of discussion by our Steering Group, the difficult decision was made not to run a separate Christmas Scheme this year. This was due to concerns that demand would increase, and donations C4RE5COAnnual Report2023-24 18 When: Contact: Aims..

may decline. All the Christmas items donated to us were given out in the weekly parcels and benefited 92 local people. At the Christmas Tree Festival held at All Saints Church in Sawtry, we made a tree from the labels of food items that we give out. It was on display, along with Foodbank leaflets and recipe books. We received a donation from the family of Joan Meiklejohn after her funeral in December. Her family said that Joan was a supporter of CARESCO and admired its community action. She gave donations, on a regular basis, to the Foodbank and we thank her and her family for their loyal support. I We held our first Foodbank quiz in January, with Keith Parker, a Foodbank volunteer, as our Quizmaster. It was an enjoyable evening, and all the tickets were sold, raising around £250. In February, we received a delivery from the online fundraising platform Bankuet. We had around £500 to spend on stock from Morrisons. We ordered items that we were most in need ofon the pick list. CARESCO were part of the Health Inequalities Project run by Huntingdon District Council. We produced a Recipe book and distributed it to around 390 households, 853 people. The book included tips about cooking, healthy eating and contained contact numbers for help and advice. It was circulated to the organisations in Hunts Food Network too. It has been a busy year with lots of changes along the way. We now have thirty Referral Agencies who can use our online system. From January to March this year we gave out 242 food parcels which helped 601 local people compared to 181 food parcels helping 423 people last year. With the help of our volunteers, staff and Trustees, Foodbank has continued to run smoothly and adapt to the changing need for food support. caused by financial changes that have affected many households. I thank each and every one of them for their continued support. We will continue to adapt our plans for the future, so that we meet the need for food support as best we can in the coming year. Pat Furzeland TUCK SHOP Manager: Volunteer Ctrordinator: Sharon Dougherty (from June 20231 Dave Dougherty (from June 20231 The Tuck Shop started in 2022, its main objective is to provide bacon, rolls and hot drinks to Sawtry Colt Football players and spectators", each Saturday morning when the matches are taking place on the SVA fields. We have a team of 6 volunteers who take it in turn to give up their Saturday morning to ensure this continues throughout the season. We provided a BBQ for the Colts presentation day in May 2023. . Our Tuck Shop also supports Sawtry Walk to Run events with cooked breakfasts, bacon rolls and cake which are greatly received and generates more income for CARESCO. It is a small project offering a warm welcome particularly during our inclement weather. CARESCO Sharon Dougherty 19 CARESCOAnnualReport2Q23-24

Caresco gardens

CARESCO Volunteers

Volunteering with CARESCO

VOLUNTEER STORIES Liz Chattell has been involved with CARESCO for many years. Here is her story... '1 previously volunteered in Huntingdon but the venue closed and I found I had some spare time. l approached the Coffee Shop at CARESCO to see if I could be of help there. The reason I wanted to volunteer was due to me being fairly isolated at home. l figured if I volunteered, I could meet new people and hopefully make some friends. The Charity Shop was also looking for helpers, so l ended up helping there too. I then found out about helping with the Sawtry Eye and added that to my list ofCARESCO volunteering. After Covid, I decided that maybe I should cut back a bit, so l just returned to the Coffee Shop. As I have got older, I have been able to volunteer less, but I , have been able to make use of the other activities within CARESCO. Since my partner went into a nursing home, I have attended the Christmas Day 4 party each year, which is great fun. If anyone is ever wary of going alone, dorft ' be. We all sit, eat, drinl play games and just have a thoroughly good time- together. . I have joined Chatterbox to meet other people who have in some way or another been through the same emotional rollercoaster as me. We meet, talk and sometimes there is an activity or a speaker. l find it very therapeutic. I've also found Sounds Good. I like going there just because I like a good sing song. Sawtry is VERY lucky to have a Charity in the community like CARESCO - and I really do mean that., Liz Chattell Keith Shelton has been involved with CARE5CO for many years. Here is his story... '1 retired from my job as a Thatcher in 2005 and after 40 years of full time work I found myself needing to keep myself busy. I was invited by a friend to join them at the CARESCO Coffee Shop for tea and cake, I continued to attend the Coffee Shop every week and still do and have met some wonderful people. While at the Coffee Shop I was approached by a member of CARESCO who asked if I would consider helping with the CARESCO Garden as a volunteer. Obviously l agreed and spent 18 years maintaining the garden and feeding the birds. In 2018 1 was presented with a Volunteer Award from Hunts Forum in recognition of my valuable volunteering contribution to CARESCO, it was such honour to be nominated. As I can no longer volunteer due to health and age, l am now a member of the Green End Day Club and they provide a 2 course meal, company and friendship. l attended the Christmas Day Party and have done each year, it means I'm not on my own at Christmas. Everyone there is friendly and we all have a nice time. I'm glad I went to the Coffee Shop when I was invited all those years ago otherwise I would not have met all the wonderful friends I have now and also I would not have enjoyed the many years of volunteering and having chats in the garden., Keith Shelton TRUSTEES WANTED Do you have time, 5ki11s andknowledge to offerl Wouldyou like to getinvolvedwith the work OICARESCOP We need new people willing to get involved and help to lead our organisation into the future, who share our vision for supporting members of our local community. If you are interested in helping us to be the best we can be in providing our range of services to the local community, please get in touch on 01487 832105, or email office@caresco.org.uk 21 CARESCOAnnualReport2Q23-24

FUNDRAISING April 2023- June 2023- after this date I changed job roles within CARESCO Well, another year for fundraising within our village charity has been and gone. Once again, we are very fortunate that we have such loyal and helpful groups of volunteers who help us in so many ways. This can involve their time, expertise, help, baking, setting up events or just being there. However small or large a fundraising event maybe we are always thankful for the support of the local and wider community. Thank You to each, and every one of you for all that you do to fundraise for us. We are still running our Tunding our Future. campaign and for £4 per month you can make a regular donation to us which will help us with our ongoing activities. This started in 2020 and continues to grow each year and to those companies and individuals who support this we are very grateful. Here are a few highlights from this year: Funding Our Future £705.00 Scarecrow Trail Quiz Sheets CARESCO Quiz Night Cream Tea Takeaway CARESCO Quiz Night A big Thank You to everyone who helps and supports us in whatever way you do. Thank you for continually thinking of CARESCO and for making our village charity, your village charity. Jacqui Hedington £10.00 £39.00 £714.50 £255.00 £740.00 We took over as Fundraisers for CARESCO. With the lead up to Christmas we organised a Christmas light trail around the village and it was wonderful to see villagers taking part, each house was filmed by Jonathan from Through the Drone Lens, the video was enjoyed by many on our social media. In December we hosted an afternoon of Christmas fun where we invited the local community into the CARESCO Centre to enjoy different Christmas activities and have tea and coffee, this was a great success. We contacted all local businesses in a view for them to become involved in some way with CARESCO. lJ,,i%ij •), Vicki Currington and Suzanne Millman GIFT AID CARESCO is registered for Gift Aid so if you are a UK tax payer you can sign a Gift Aid declaration when making a personal donation and CARESCO will be able to claim back from the government an additional 25p for every £1 given. This includes monies donated through our collecting boxes as well as any regular giving or one off donations. We can also claim Gift Aid on the monies raised from donations of goods made to the shopwhen sold. Please ask for a declaration form. Thank you to everyone who has already signed up to Gift Aid, it makes your donations go further and helps US to do even more for our local community. C4RE5COAnnual Report2023-24 22

THE STORY SO FAR Our Sawtry-based charity was set up in 1982 Iregistered 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 pr&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 CARESCO Centre, funded by the National Lottery and bringing the Sawtry-based activities together into one building. In 201 I CARESCO became an incorporated charity, CARESCO Ltd (registered charity number 1140728; 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 2023- 2024 Life President John Garner Officers.. Chairman Tina Campbell Iresigned 11104120231 Peter Fox (appointed 1210412023 & resigned 01105120231 Kevin Whitthread (appointed 1110512023 & resigned 28101120241 Dave Dougherty (appointed 29101120241 Treasurer Heather Bohonis Trustees.. Heather Bohonis,. Tina Campbell: Elizabeth Coates (resigned 11110120231; Peter Fox (resigned 01105120231,. Dave Dougherty,. Tony Stefanelli,. Kevin Whitthread (resigned 28101120241; Anne Whiley; Su Merton (appointed 02111120231 Note.. Trustees ore recruited from the local community and are elected at the annual general meeting by the CARESCO Members present. All trustees give their time voluntarily ond receive no remuneration or other benefits. Trustees have referred to the guidelines contained in the Charity Commission s general guidance on public benefit when reviewing aim5 and objective5 and in planning future activities. Non-VOting.' CARESCOActlVltyManagers are welcome to attend full trustee meetings ond contribute to the discu55ion, however5taffare asked to leave during sen51tive agenda item5. 23 CARESCOAnnualReport2Q23-24

The CARESCO Family CARESCO Meeting needs in our local community CAR SCHEME Volunteer drivers providing transportfor local people SAWTRY EYE Village magazine offering local news for local people CARE5COAnnual Report2023-24 24

CARESCO Limited Company limited by guarantee

Unaudited filleted accounts

Year ended 31 March 2024 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 it unaudited financial statements for the year ending 31[st] March 2024.

References and Administrative details

Charity Name: CARESCO Ltd Charity Number: 1140728 Company Number: 7513432 Accounting period: 1[st] April 2023 to 31[st] March 2024 Registered Office: The CARESCO Centre Green End Road, Sawtry Huntingdon, Cambridgeshire, PE28 5UX

Management Committee

Tina Campbell Chairman (Resigned 11/04/23) Peter Fox Chairman (Appointed 12/04/23) (Resigned 01/05/23) Kevin Whitthread Chairman (Appointed 11/05/23) (Resigned 28/01/24) Dave Dougherty Chairman (Appointed 29/01/24) Heather Bohonis Treasurer Elizabeth Coates (Resigned 11/10/23) Tony Stefanelli Anne Whiley Su Merton (Co-opted 02/11/23)

Finance Team

Heather Bohonis (trustee) Treasurer Tony Stefanelli (trustee) Marina Joyce (staff) Accounts Manager Donna Green (staff) Deputy Accounts Manager Jacqueline Hedington (staff) Fundraising Manager Dee Pike (staff) Grants Officer

Independent examiner Lisa Watson

CARESCO Financial Statement 2023/24

Page 3 of 35

Financial Review

Another financial year has come and gone. With the cost of living rising and the 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.

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 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.

Principle Funding Sources

Historically our income has come from a mixture of sources. We have predominantly been self-funded 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.

Reserves Policy

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

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 2024.

At this meeting the Board set a reserves policy which requires reserves to be maintained at a level that ensures that the organisation’s 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.

CARESCO Financial Statement 2023/24

Page 4 of 35

Our risks

CARESCO is supported by Cambridgeshire County Council in the form of grant income, and this is greatly influential in the continuation of our organisation. The potential loss of this income has been identified as one of our primary risks as it is not guaranteed and must be applied for every 3 years. If successful, we receive targeted funding towards The Green End Day Club which is a substantial cost element of CARESCO. The Trustees conclude that the risks associated with this income are medium. The organisation has diverse funding streams including core cost grants from Charitable Trusts which help to lend stability to the situation and the Trustees are confident that the Charity will remain viable for the foreseeable future.

Further grants are sourced for specific items, activities and capital projects. Due to the one-off nature of these, the risks associated with their loss are low. We are confident that alternative grant sources can be found via our dedicated Grants Officer role.

Members’ 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.

CARESCO’s 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 organisation’s 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 2023/24

Page 5 of 35

Annual Review of Reserves (Addendum to Reserves Policy) Financial Year Ending 31 March 2024

Annual Review of Reserves (Addendum to Reserves Policy) Financial Year Ending 31 March 2024	Annual Review of Reserves (Addendum to Reserves Policy) Financial Year Ending 31 March 2024
Current Level of Reserves as at 31 st March 2024
6 months running costs £	88,860.00
Building Fund £	36,000.00
Total Reserves £124,860.00
Funded By *(Investment Details)*
Cambridge & Counties Bank Account – 1 yr fixed bond		£73,777.99
Cambridge & Counties Bank Account – 60 Day Notice Savings		£ 7,479.21
Charity Bank – Ethical Fixed Rate		£ 6,757.15
Charity Bank – Easy Access		£ 489.86
Remainder from Co-Op Current	Account Balance, which at 31st March 2024 was £33,190.08
		Plus Cash on Hand at £1,040.66
Calculation of Available Reserves
Total Charity Funds		£215,492.68
Less Restricted Funds		(£11,298.23)
Total Unrestricted Funds		£204,194.45
Less Fixed Assets		(£69,153.04)
Less Designated Funds		(£29,337.34)
Available Reserves		£105,704.07
	*Current Shortfall £ 19,155.93*
SIX MONTH OPERATING COSTS (ESTIMATED)
2024/25
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
Total Estimated Expenditure		£88,860

CARESCO Financial Statement 2023/24

Page 6 of 35

Charity Name CARESCO LTD	Charity Name CARESCO LTD	CharityNo	1140728	1140728
		CompanyNo	7513432
Annualaccountsforthe period
Period start date	01.04.23	To	Period end date	31.03.24

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

Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Total funds Prior year funds £ £ F04 F05	Total funds Prior year funds £ £ F04 F05
99,947	41,927	-	141,874	127,640
1,850	-	-	1,850	1,110
94,657	-	-	94,657	83,685
4,233	-	-	4,233	1,134
-	-	-	-	2,225
-	-	-	-	-
200,687	41,927	-	242,614	215,793

86,058	-	-	86,058	79,806
107,649	46,330	-	153,978	122,444
1,388	-	-	1,388	1,952
24,648	2,477	-	27,126	31,582
219,743	48,807	-	268,549	235,784

19,056 -	6,880 -	-	25,936 -	19,991 -
-	-	-	-	-
19,056 -	6,880 -	-	25,936 -	19,991 -
-	-	-	-	-
19,056 -	6,880 -	-	25,936 -	19,991 -
-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
19,056 -	6,880 -	-	25,936 -	19,991 -

223,064	18,178	-	241,242	261,233
204,008	11,298	-	215,307	241,242

CARESCO Financial Statement 2023/24

Page 7 of 35

Charity Name CARESCO LTD Charity No 1140728 Company No 7513432

Section B

Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04	Endowment funds Total this year £ £ F03 F04	Total last year £ F05
-	-	-	-	-
69,153	-	-	69,153	99,197
-	-	-	-	-
-	-	-	-	-
69,153	-	-	69,153	99,197

-	-	-	-	-
32,101	-	-	32,101	19,865
80,535	-	-	80,535	79,332
42,005	-	-	42,005	57,009
154,641	-	-	154,641	156,206

8,487	-	-	8,487	7,553

146,154	-	-	146,154	148,653

215,307	-	-	215,307	247,850

-	-	-	-	-
-	-	-	-	-

215,307	-	-	215,307	247,850

-			-	-
	11,298		11,298	18,178
204,009		-	204,009	223,064
			-

204,009	11,298	-	215,307	241,242

CARESCO Financial Statement 2023/24

Page 8 of 35

Tho company was entitled to exwnptlon from audft undw s477 of the Companles Act 2006 relating to small companies. The members havo It requlrod the company to obtwn an audit in a¢¢ordance with seclion 4T6 ofthe Companles Act 21x16. The dlrectors acknowlfjdge thelr rwnsibilibes for cnp.ng with the requirements of the Companies Act wlth r85P8Ct to accounling records and the w¢pon of accounts. Thes• accounts have been preparod in a¢con*ance with the provisions applicable to small companies subigct to th• small companies regime and in a¢¢ordanco with FRS102 SORP. Signed byone truste&reor5 cfft behaltofal Ihe Date of aFvoval ddlmrn Print Name 14 Date mml Signabjre of dector authenticating acoxmts terwJ sent to Companies House Signatu Prfnt nam•

Independent examiner's report on the accounts

Section A

Independent Examiner’s Report

Report to the Charity Name CARESCO LTD trustees/directors/ members of On accounts for the year 31.03.24 ended

Set out on pages

	Charity no.:	1140728	Company no.:	7513432
	(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 / 2024 .

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.

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).

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.

Please delete the words in the brackets if they do not apply.

Signed:

Date: 18/10/2024

IER

October 2018

CARESCO Financial Statement 2023/24

Page 10 of 35

Name: LISA WATSON

Relevant professional IAB, ACCA qualification(s) or body (if any):

Address: 10 PARK ROAD SAWTRY, HUNTINGDON PE28 5TA

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

IER

CARESCO Financial Statement 2023/24

Page 11 of 35

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 support the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared on a going 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.

Not applicable Not applicable Not applicable

CARESCO Financial Statement 2023/24

Page 12 of 35

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 { }.

note { }.
Yes No		* -Tick as appropriate
	

Please disclose:

*Please disclose:*
*(i) the nature of the change in accounting policy;*	*Not applicable*
*(ii) the reasons why applying the new accounting policy* *provides more reliable and more relevant information;* *and*	*Not applicable*
*(iii) the amount of the adjustment for each line affected* *in the current period, each prior period presented and* *the aggregate amount of the adjustment relating to* *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 No		* -Tick as appropriate
	

Please disclose:

*Please disclose:*
*(i) the nature of any changes;*	*Not applicable*
*(ii) the effect of the change on income and expense or* *assets and liabilities for the current period; and*	*Not applicable*
*(iii) where practicable, the effect of the change in one or* *more future periods.*	*Not applicable*

CARESCO Financial Statement 2023/24

Page 13 of 35

1.5 Material prior year errors

No materialprior	year error have been identified in the reporting period(3.47 FRS102 SORP).	year error have been identified in the reporting period(3.47 FRS102 SORP).	year error have been identified in the reporting period(3.47 FRS102 SORP).
Yes  No  *Please disclose:*		* -Tick as appropriate
	

*(i) the nature of theprior*		*period error;*	*Not applicable*
*(ii) for each prior period presented in the accounts, the* *amount of the correction for each account line item* *affected; and*			*Not applicable*
*(iii) the amount of the correction at the beginning of the* *earliest prior period presented in the accounts.*			*Not applicable*

CARESCO Financial Statement 2023/24

Page 14 of 35

(cont

(con	(con	(con
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		

CARESCO Financial Statement 2023/24

Page 15 of 35

Yes No N/a*	Yes No N/a*	Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		

CARESCO Financial Statement 2023/24

Page 16 of 35


£200
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		

CARESCO Financial Statement 2023/24

Page 17 of 35

Section C	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)
Separate material item of income Income from investments: Other trading activities: Charitable activities: Note 3 Donations and legacies:	Income Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £
	Donations and gifts	23,078	600	-	23,678	37,223
	GiftAid	9,592	-	-	9,592	13,508
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	37,000	41,327	-	78,327	36,975
	Membership subscriptions and sponsorships which are in substance donations	27,741	-	-	27,741	27,190
	Donatedgoods,facilities and services	-	-	-	-	-
	FundraisingEvents	2,536	-	-	2,536	12,743
	Other	-	-	-	-
	Total	99,947	41,927	-	141,874	127,640

	Day Club Meal Delivery Service	70	-	-	70	40
	Day Club Members' Contributions to Outings	1,755	-	-	1,755	985
	Visitor Meals	25	-	-	25	85
	Other	-	-	-	-	-
	Total	1,850	-	-	1,850	1,110

	Sawtry Eye Advertising Sales	12,677	-	-	12,677	8,389
	Sales from Charity Shop, CARESCO Cave, Coffee Shop, Tuck Shop, Online & Sales of SawtryEye magazine	81,921	-	-	81,921	75,091
	Photocopying &LeafletDeliveries	59	-	-	59	204
	Other	-	-	-	-	-
	Total	94,657	-	-	94,657	83,685

	Interestincome	4,233	-	-	4,233	1,134
	Dividendincome	-	-	-	-	-
	Rentalandleasingincome	-	-	-	-	-
	Other	-	-	-	-	-
	Total	4,233	-	-	4,233	1,134

		-	-	-	-	2,225
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	2,225

CARESCO Financial Statement 2023/24

Page 18 of 35

Conversion of endowment funds into income	-	-	-	-	-
Gain on disposal of a tangible fixed asset held forcharity's ownuse	-	-	-	-	-
Gain on disposal of a programme related investment	-	-	-	-	-
Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
Other	-	-	-	-	-
	-	-	-	-	-

	200,687	41,927	-	242,614	215,793

Other information:

All income in the prior year was unrestricted except for: (please provide description and amounts)

CAMBRIDGESHIRE COUNTY COUNCIL EXTENDED HOURS FUND (CARESCO CAVE)	Grant funding received to cover additional costs incurred with extending the opening hours of the CARESCO Cave.	1,000
HUNTINGDONSHIRE DISTRICT COUNCIL - HEALTH INEQUALITIES PROJECT FUND	Grant funding received to cover costs associated with activities which help to address Health Inequalities in the district.	10,500
THE JULIA AND HANS RAUSING TRUST	Grant funding received towards running costs of Sawtry Foodbank activity.	8,058
THE ALBERT HUNT TRUST	Grant funding received towards general overhead costs of CARESCO.	2,000

CARESCO Financial Statement 2023/24

Page 19 of 35

Section C

(cont)

Notes to the accounts

Note 4 Analysis of receipts of government grants

This year Last year £ £ Description	This year Last year £ £ Description	This year Last year £ £ Description
Cambridgeshire County Council Block Contract Day Care Grant (Green End Day Club)	17,826	16,777
Alconbury Parish Council Grant for Foodbank	125	-
Sawtry Parish Council Christmas Parcel Scheme Grant (Sawtry Foodbank)	500	500
Cambridgeshire County Council Care Together Seed Funding for Minibus Leasing costs	7,200	-
Cambridgeshire County Council Community Reach Fund - Summer Scheme (Sawtry Foodbank)	-	1,000
Cambridgeshire County Council Community Reach Fund - Youth and Family Enabler Grant (Saturday Tuck Shop)	-	500
Huntingdonshire District Council (Health Inequalities Project)	-	10,500
Sawtry Parish Council Extended Hours Grant (CARESCO Cave)	-	1,000
Total	25,651	30,277

CARESCO Financial Statement 2023/24

Page 20 of 35

Section C	Notes to the	accounts (cont)	accounts (cont)	accounts (cont)	accounts (cont)	accounts (cont)
Separate material item of expense Note 6 Expenditure on raising funds: Other Expenditure on charitable activities TOTAL EXPENDITURE	Expenditure Analysis of expenditure	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £
	Incurred seeking grants & donations	22,108	-	-	22,108	20,630
	Staging fundraising events	334	-	-	334	834
	Operating charity shops	42,853	-	-	42,853	41,199
	Other trading activities (Sawtry Eye, Coffee Shop, Tuck Shop)	20,763	-	-	20,763	17,143
	Total expenditure on raising funds	86,058	-	-	86,058	79,806

	CarScheme	615	-	-	615	645
	Chatterbox	1,017	-	-	1,017	775
	ChristmasDay	1,511	-	-	1,511	519
	Community Support	797	-	-	797	730
	Green EndDay Club	47,172	20,919	-	68,091	59,802
	Health InequalitiesProject	-	8,696	-	8,696	1,744
	CARESCO Cave	16,737	387	-	17,124	16,730
	Minibus &Vehicle Costs	19,600	9,643	-	29,243	13,749
	SawtryFoodbank	19,038	6,684	-	25,722	21,476
	Sounds Good	1,152	-	-	1,152	1,077
	Sport4 All	-	-	-	-	5,195
	Strength&Balance Classes	10	-	-	10	-
	Total expenditure on charitable activities	107,649	46,330	-	153,978	122,444

	Distribution of Shared Funds from Sport4 All	-	-	-	-	1,952
	Court ordered payment resulting from dispute over sale of "Loaned" equipment (CARESCO Cave)	1,388	-	-	1,388	-
	Total	1,388	-	-	1,388	1,952

	Overheads including Wages & Salaries for Administrative Staff not apportioned to specific activities	16,096	2,477	-	18,573	20,652
	Depreciation of Assets not apportioned to specific activities	8,471	-	-	8,471	9,100
	Governance/Management Costs	81	-	-	81	1,830
	Total other expenditure	24,648	2,477	-	27,126	31,582

		219,743	48,807	-	268,549	235,784

CARESCO Financial Statement 2023/24

Page 21 of 35

Other information:

Analysis of expenditure on charitable activities

Activity or programme		Activities undertaken directly	Grant funding of activities	Support Costs	Total this year	*Total prior* *year*
		£	£	£	£	£
Car Scheme		-	57	559	615	645
Chatterbox		270	-	747	1,017	775
Christmas Day		1,065	-	446	1,511	519
CommunitySupport		50	-	747	797	730
Green End DayClub		29,432	20,919	17,739	68,091	59,802
Health Inequalities Project		-	7,736	-	7,736	1,744
CARESCO Cave		8,575	3,657	6,281	18,512	16,731
Minibus & Vehicle Costs		17,456	10,499	1,288	29,243	13,749
SawtryFoodbank		6,414	8,840	10,468	25,722	21,476
Sounds Good		405	-	747	1,152	1,077
Sport 4 All		-	-	-	-	5,195
Strength & Balance Classes		10			10	-
Total		63,676	51,709	39,021	154,406	122,443

Prior year expenditure on charitable activities can be analysed as follows:	Activity or programme		Activities undertaken directly	Grant funding of activities	Support Costs	Total prior year
			£	£	£	£
	Car Scheme		60	0	585	645
	Chatterbox		67	0	708	775
	Christmas Day		430	0	89	519
	CommunitySupport		22	0	708	730
	Green End DayClub		26,200	16,777	16,825	59,802
	Health Inequalities Project		0	1,744	0	1,744
	CARESCO Cave		10,667	0	6,064	16,731
	Minibus & Vehicle Costs		12,505	0	1,244	13,749
	SawtryFoodbank		6,815	4,555	10,107	21,476
	Sounds Good		368	0	708	1,077
	Sport 4 All		5,195	0	0	5,195
	62,329 Total			23,075	37,039	122,444

CARESCO Financial Statement 2023/24

Page 22 of 35

Section C

(cont)

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 £	Charitable Activities £	Management/ Governance £	Overheads £	Grand total £	Basis of allocation
						(Describe method)
Governance	-	-	81	-	81	Actual Costs
Admin Staff Costs	18,090	36,259	-	5,033	59,383	Costs calculated as a percentage of total based on number of hours each activity is in session.
Centre Premises Costs	2,706	2,762	-	13,285	18,753
Total	20,796	39,021	81	18,318	78,217

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 2023/24

Page 23 of 35

Section C

(cont)

Notes to the accounts

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

Social security costs Other employee benefits Total staff costs Pension costs (defined contribution pension plan) Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Salaries and wages	This year £	Last year £
	158,081	141,464
	-	-
	1,297	1,288
	-	139
	159,378	142,891

	Not applicable

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

Band	Number of employees
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999

Please provide the total amount paid to Not applicable key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.

CARESCO Financial Statement 2023/24

Page 24 of 35

11.2 Average head count in the year

The parts of the charity in which the employees work

	This year Number	Last year Number
Fundraising	4	4
Charitable Activities	7	7
Governance	1	1
Other	5	5
Total	17	17

11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.

Please explain the nature of the payment

Please state the legal authority or reason for making the payment

Please state the amount of the payment (or value of any waiver of a right to an asset)

Not applicable

11.4 Redundancy payments

Please complete if any redundancy or termination payment is made in the period.

Total amount of payment

Not applicable

The nature of the payment (cash, asset etc.)

Not applicable

The extent of redundancy funding at the balance sheet date

Not applicable

Please state the accounting policy for any redundancy or termination payments

Not applicable

CARESCO Financial Statement 2023/24

Page 25 of 35

Section C

(cont)

Notes to the accounts

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 the SOFA as an expense

£1,296.86

Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.

Payments to defined contribution pension plans are expensed in the period to which they relate.

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.

Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity

Not applicable

12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.

Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan

Not applicable

Explain how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined.

CARESCO Financial Statement 2023/24

Page 26 of 35

Section C

(cont)

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 & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
118,615	46,350	28,495	61,665	255,126
-	-	-	1,424	1,424
-	-	-	-	-
-	-	- 28,495	-	- 28,495
-	-	-	-	-
118,615	46,350	-	63,090	228,055
SL	SL	SL	SL	Straight Line ("SL")
0	0	0	0

89,469	5,656	6,499	54,305	155,928
-	-	- 6,499	-	- 6,499
4,745	1,854	-	2,874	9,473
-	-	-	-	-
-	-	-	-	-
94,213	7,510	-	57,179	158,902

29,147	40,694	21,996	7,360	99,197
24,402	38,840	-	5,911	69,153

CARESCO Financial Statement 2023/24

Page 27 of 35

14.4 Impairment

14.5 Revaluation *Please provide a description of the events and* *circumstances that led to the recognition or* *reversal of an impairment loss.* *the methods applied and significant* *assumptions* *the carrying amount that would have been* *the name of independent valuer, if applicable* *the effective date of the revaluation* *If an accounting policy of revaluation is adopted,*	Not applicable
	*please provide:*
	Not applicable
	Not applicable
	Not applicable
	Not applicable

If an accounting policy of revaluation is adopted, please provide: Not applicable the effective date of the revaluation Not applicable the name of independent valuer, if applicable the methods applied and significant Not applicable assumptions the carrying amount that would have been Not applicable recognised had the assets been carried under the cost model.

14.6 Other disclosures

(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.

Not applicable Not applicable Not applicable

CARESCO Financial Statement 2023/24

Page 28 of 35

Section C

(cont)

Notes to the accounts

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
£	£
80,535	79,332
-	-
-	-
-	-
-	-
80,535	79,332

CARESCO Financial Statement 2023/24

Page 29 of 35

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 Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	7,529	6,347
	23,555	13,517
	1,018	-
	32,101	19,865

Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)

Total Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

CARESCO Financial Statement 2023/24

Page 30 of 35

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

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
2,399	1,913	-	-
-	-	-	-
5,942	9,302	-	-
146	447	-	-
-	-	-	-
8,487	11,662	-	-

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* Amounts released to income from previous periods Balance at the end of the reporting period Balance at the start of the reporting period Amounts added in current period	This year £	Last year £
	7,553	5,506
	9,601	10,180
	- 12,314	- 8,133
	4,839	7,553

CARESCO Financial Statement 2023/24

Page 31 of 35

Section C Notes to the accounts	(cont)	(cont)
Other Short term deposits Cash at bank and on hand Total Note 24 Cash at bank and in hand Short term cash investments (less than 3 months maturity date)
	This year £	Last year £
	490	16,418
	7,479	40,592
	34,036	-
	-	-
	42,005	57,009

CARESCO Financial Statement 2023/24

Page 32 of 35

Section C

Notes to the accounts

Note 27 Charity funds

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

----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
DESIGNATED FUNDS Funds designated for use in carrying out
INCLUDING RESERVES Charitable Activities, including Reserve of
UR 6 months Running Costs and Building
Fund for future new premises.
203,176 49,903 - 64,408 - 35 - 188,637
THE ALBERT HUNT TRUST Grant funding received towards general
R
overhead costs of CARESCO. 1,262 - - 535 - 727 - -
HUNTINGDONSHIRE Funding received to be put towards costs
DISTRICT COUNCIL DEFRA associated with the provision of the
R
FUNDING (SAWTRY Foodbank service.
FOODBANK) 463 - - 165 - - 298
MORRISONS FOUNDATION Grant funding received for the purchase of
GRANT (SAWTRY R new storage shelving to be used in the
FOODBANK) Foodbank warehouse. 19 - - 19 - - -
CAMBRIDGESHIRE COUNTY Grant funding received to carry out
COUNCIL CAPITAL GRANT renovation works to the leasehold building
R
(CARESCO CAVE) where the CARESCO Cave activity is
carried out. 338 - - - - 338
CAMBRIDGESHIRE COUNTY Grant funding received to cover additional
COUNCIL EXTENDED HOURS costs incurred with extending the opening
FUND (CARESCO CAVE) R hours of the CARESCO Cave.
1,000 393 - 387 - - 1,006
HUNTINGDONSHIRE Grant funding received to cover costs
DISTRICT COUNCIL - HEALTH associated with activities which help to
R
INEQUALITIES PROJECT address Health Inequalities in the district.
FUND 8,696 - - 8,696 - - -
THE JULIA AND HANS Grant funding received towards running
RAUSING TRUST R costs of Sawtry Foodbank activity.
6,399 - - 6,399 - - -
THE NATIONAL LOTTERY Grant funding received for the purchase of
(AWARDS FOR ALL) R an interactive smartboard & games for the
Green End Day Club (GEDC) - 3,000 - 2,682 - - 318
SKIPTON BUILDING SOCIETY Grant funding received towards the costs
of a Christmas party for the attendees of
R
the Green End Day Club (GEDC)
- 450 - 411 - - 39
JOHN LEWIS PARTNERSHIP Grant funding received towards hosting a
R
Community Connections event - 1,000 - - - 1,000
BUCKLES SOLICITORS (VERA Grant funding received towards the costs
FOX TRUST) R of leasing and operating a minibus
- 10,000 - 3,143 - - 6,857
CARE TOGETHER SEED Grant funding received towards the costs
FUNDING R of leasing and operating a minibus
- 7,200 - 6,000 - - 1,200
THE DWF FOUNDATION Grant funding received towards the costs
R of purchasing new office equipment
- 1,458 - 1,215 - - 243
Other funds (balancing
figure) N/a N/a 19,888 169,210 - 174,487 762 - 15,372
Total Funds as per balance sheet 241,242 242,614 - 268,549 - - 215,307
----- End of picture text -----*

CARESCO Financial Statement 2023/24

Page 33 of 35

Section C Notes to the accounts Note 27 Charity funds 27.2 Details of material funds held and movements during the PREVIOUS reporting period

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

----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
DESIGNATED FUNDS Funds designated for use in carrying out
INCLUDING RESERVES Charitable Activities, including Reserve of
UR
6 months Running Costs and Building
Fund for future new premises. 224,858 59,541 - 58,256 - 22,967 - 203,176
SPORT 4 ALL Funds held as part of group of 4 local
organisations (including Sawtry Youth
Project, Sawtry Walk to Run Club and
R Sawtry Village Academy) working together
to host a community Sports Day event
8,441 - - 8,441 - - -
ALCONBURY THURSDAY Grant funding received from local County
CLUB (CCC GRANT FUNDING) R Council towards costs related to carrying
out Day Club activity 2,062 - - 2,062 - - -
CAMBRIDGESHIRE COUNTY Funding received to be put towards costs
COUNCIL INFECTION R in connection with staff members needing
CONTROL FUND to isolate due to Coronavirus. 6,748 - - 6,748 - - -
HUNTINGDONSHIRE Funding received to be put towards costs
DISTRICT COUNCIL DEFRA associated with the provision of the
FUNDING (SAWTRY R Foodbank service.
FOODBANK)
463 - - - - 463
MORRISONS FOUNDATION Grant funding received for the purchase of
GRANT (SAWTRY R new storage shelving to be used in the
FOODBANK) Foodbank warehouse. 275 - - 256 - - 19
SAWTRY BUSINESSES Donations received from local businesses
DONATION (SAWTRY to support the Foodbank in providing food
R
FOODBANK) parcels to local residents in need.
950 - - 950 - - -
HUNTINGDONSHIRE Funding received for direct costs
DISTRICT COUNCIL WINTER R associated with recipients of Foodbank
SUPPORT GRANT (SAWTRY parcels. 1,792 - 1,792 - -
FOODBANK)NORTHGATE INFO Donation received for costs in connection
SOLUTIONS DONATION with renovations and improvements to the
(CARESCO CAVE) R premised where the CARESCO Cave
activity is carried out.
421 - - 421 - - -
CAMBRIDGESHIRE COUNTY Grant funding received to carry out
COUNCIL CAPITAL GRANT renovation works to the leasehold building
R
(CARESCO CAVE) where the CARESCO Cave activity is
carried out. 740 - 402 - 338
CAMBRIDGESHIRE COUNTY Grant funding received to cover additional
COUNCIL EXTENDED HOURS costs incurred with extending the opening
R
FUND (CARESCO CAVE) hours of the CARESCO Cave.
- 1,000 - - - 1,000
HUNTINGDONSHIRE Grant funding received to cover costs
DISTRICT COUNCIL - HEALTH associated with activities which help to
R
INEQUALITIES PROJECT address Health Inequalities in the district.
FUND - 10,500 - 1,804 - - 8,696
THE JULIA AND HANS Grant funding received towards running
R
RAUSING TRUST costs of Sawtry Foodbank activity. - 8,058 - 1,659 - - 6,399
THE ALBERT HUNT TRUST Grant funding received towards general
R
overhead costs of CARESCO. - 2,000 - 738 - - 1,262
Other funds (balancing
figure) N/a N/a 14,483 134,694 - 154,450 25,161 - 19,888
Total Funds as per balance sheet 261,233 215,793 - 235,784 - - 241,243
----- End of picture text -----*

CARESCO Financial Statement 2023/24

Page 34 of 35

Section C

(cont)

Notes to the accounts

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, legalpower for its conversion	Amount
Between unrestricted and restricted funds	Grant Funding from Albert Hunt Trust included in previous year as Restricted Funding in error, this is Unrestricted Funding	£1,262.30

27.4 Designated funds

27.4 Designated funds
Planned use	Purpose of the designation	Amount
DEPRECIATION FUND FOR CARESCO CAVE LEASEHOLD IMPROVEMENTS ASSET	Funds transferred from Restricted Income Fund granted for the purpose of carrying out repairs/improvements to a leasehold building, which upon expenditure is considered an unrestricted asset. Funds are designated to cover the depreciation in the accounts over the lifetime of the asset, whilst reducing the balance of the Restricted Income Fund.	£34,439.44
CARESCO CAVE	Funds designated for costs associated with carryingout the activity.	£3,539.84
CHATTERBOX	Funds designated for costs associated with carryingout the activity.	£546.42
CHRISTMAS DAY	Funds designated for costs associated with carryingout the activity.	£2,118.87
COMMUNITY SUPPORT	Funds designated for costs associated with carryingout the activity.	£1,176.85
GREEN END DAY CLUB	Funds designated for costs associated with carryingout the activity.	£4,697.32
MINIBUS	Funds designated for costs associated with the minibus lease.	£4,578.87
SAWTRY FOODBANK	Funds designated for costs associated with carryingout the activity.	£5,905.27
SOUNDS GOOD	Funds designated for costs associated with carryingout the activity.	£731.98
STRENGTH & BALANCE CLASSES	Funds designated for costs associated with carryingout the activity.	£941.92
THE COLE TRUST (CHARITY SHOP)	Grant funding designated to cover cost of new glass display case in CharityShop	£100.00
NEW BUILDING	Funds designated for upcoming professional and legal costs associated withplanningapplication for future newpremises	£5,000.00
BUILDING FUND(RESERVES)	Funds set aside for anticipated future costs associated with the purchase or construction of a new building for housing the main CARESCO Centre at such time as the current premises becomes unsuitable (estimated lifespan of current buildingis nearing its end).	£36,000.00
6 MONTHS RUNNING COSTS(RESERVES)	Equivalent of estimated 6 months running costs/overheads set aside in the event that income streams are impacted.	£88,860.00

£188,636.78

CARESCO Financial Statement 2023/24

Page 35 of 35

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Charity Name CARESCO LTD trustees/directors/ members of

On accounts for the year 31.03.24 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 / 2024 .

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).

Please delete the words in the brackets if they do not apply.

Signed:

Date: 18/10/2024

October 2018

IER

Name: LISA WATSON

Relevant professional IAB, ACCA qualification(s) or body (if any):

Address: 10 PARK ROAD

SAWTRY, HUNTINGDON PE28 5TA

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

IER