Charfty Registratlon No. 1145255 Company Registration No. 07544943 (England and Wale51 ESSEX CARERS SUPPORT ANNUAL REPORT AND UNAUDtrED FINANCIAL ATEME[r5 FOR THE YEAR ENDED 31 MARCH 2024 BUSINESS ADVISORS & ACCOUMTANT% 92 Station Road Clacton on Sea Essex C015 ISG
ESSEX CARERS SUPPORT CONTE5 Pagé Company information Trustee's report Independent examiner's report Statement of financial activities Balance sheet Note5 to the financial ststements 9-15
ESSEX CARERS SUPPORT LEGAL AND ADMINISTRATIVE INFORMATION Trustee5 H Baird K Chard B Elli5 S Hammond S Kerins RW Smith Charity number 1145255 Company num¢ 07544943 Reglstered offlte Imperial House 20-22 Rosemary Road Clacton on Sea Essex COIS IN2 Independent examlner TC Group 92 Siation Road Clacton on Sea Essex COIS ISG
ESSEX CARERS SUPPORT TRUSTEE'S REPORT IINCLUDING OIREcfoRS' REPORn FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their report and financial statements for the year ended 31 March 2024. The financi315t3tement5 have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the charity's leoverning documentl. the Companies Act 2006 and "Accounting and Reporting by Chaiities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021- las amended for accounting periods commencing from l January 20161 Objectives and activities To relieve physical. mental and material distress amon8St carers of people who are in need of care and who live in Essex by providing flexible support. advocacy and information to carers in need. The charity aims to improve the quality ol life for carers by.. enabling carers to achieve increased choice and control in their lives- reducing carers feelings ol isolation,. improving carers general health and well bein8. Achlevements and perFormance The board were deli8hted with the continued success and impact of our'Time 4 You, IT4UI project. This project carne out ol the lived-experienies of carers and has been incredibly well received by carers and commissioners. In 2023, as part of their plans to recommission a core service lor family carer living in Essex, the Local Authority stated their intention to incorporate the T4U rnodel into this core offer. The work of Essex Carers Support continue5 to influence activity and plannin8 across the local the health and social care systern,. we have seen some further irnprovement5 in the awareness ol carer-related i5sue5 and an increase irn their prominence and representalion in strategic plans. There remains a great deal of wtsrk to achieve appropriate recognition of the roles of 13mily carer5 and in en5urin8 ihat their contributions to our ¢ommunities 15 sufficiently addressed. The ¢oSt.of-living ¢risis has ¢ontinued to impa¢t disproportionately on family ¢arers and ai Essèx Carers Support we strive to highlight this impact whenever possible and are working with system partners to find appropriate solulitsns to highlight this impact and provide eflective support. As Trustees ol Essex Carers Support we feel our organisation is best placed io be able to provide support services to tarer5 living within our ¢ommunities and sirive at 311 times to ensure we provide an efficient and effective service. delivered in the most cost-effeetive way. with a strong value base and keeping the needs of carers at the heart of all we do. We believe that in the strength of partnership working and coll3bor3tion. In 2023 we worked Closely with partners to develop service delivery specifications for the ECC cole offer of support for carers and were delighted to be part of a partnership which was awarded the contract in two of the three Essex IC8 Ilnte8rated Care Board) areas. Preparations to commence this service in April 2024 was a main focus during the latter part of 2023.
ESSEX CARERS SUPPORT TRUSTEE'S REPORT IINCLUDING OIREcfoRS' REPORn {COPfflNUEDI FOR THE YEAR ENDED 31 MARCH 2024 Essex Carers Support will continue lo seek io influence the delivery of public services and remain involved in the design of poliry and service delivery strategies. Through our activity, we provide a stron8er voice for carers and reach out to those not Currently in receipt ol support,. we develop effective way5 to ensure carers views are heard, their opinion5 considered and their expertise acknowledged. We provide Strong governance,. continuing to plan and develop a future strategy for the organisation which en5ure5 that Essex Carers Support 15 able to respond to carers. needs and the challenge5 they face as we move forward. Flnanclal revlew The trading surplus on the Income and Expenditure account for the year amounted to £56.01212023.. £32.228 deficit). The total fund5 of the cornpany a5 31 31 March 2024 were £211.382 12023.. £155,370). The trusteès rèmain constious of the need to keep costs to a minimum and provide an efficient and professional service dedicated to ihe clients ol the charity. The Exe¢utive Committee intends that.. Reserves be maintained at a lèvèl whi¢h ensuies that Essex Caiers Support ¢oie a¢tivity ¢ould ¢oniinue for a minimum of twelve months duiing a period of unforeseen diificulty: Such reserves will include allowances lor redundancy payments and building maintenance.. The board will ensure that the calculation of the required level of reserves forms an integral part of the planning. budgeting and forecast cycle,. An amount equal to at least 50% of the reserves required will be maintained in a readily realisable form., When bud8etin8 and forecasting, the following points will be taken into account,. Risks associated with each stream of income and expenditure bein8 different from that bud8eted,. Planned activity levels; Organisational commitments At the balance sheet date the value of unrestricted reserves amounled to E182,044. Of this amount £2,682 is tied up in fixed a55ets, which ore not readily convertible to cash. Strurture, governance and management The charity is controlled by its governing document. a deed of trust and constitutes a charitable company limited by guarantee. The company was incorporated on 28 February 2011 and registered as a charity on 3 January 2012. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its articles ol association. The articles stipulate that at the first Annual General Meeting after incorporation110 july 20121 all the trustees shall retire from office before the appointment of a new Board of Directors. The Board includes staff representation at their meetin85 where appropriate to do so. The trustee5. who are also the directors for the purpose of company13w. and who served during the year and up to the date of signature of the financial staiements were.. H Baird K Chard S Hammond S Kerins
ESSEX CARERS SUPPORT TRUSTEE'S REPORT IINCLUDING OIREcfoRS' REPORn {COPfflNUEDI FOR THE YEAR ENDED 31 MARCH 2024 R W Smith Appointment and indurtion of trustees New trustees are briefed on their legal obligations under charity and company law. the content of the Memorandum and Articles of Association. the committee and decision making proce55e5. the busines5 plan and the recent financial performance of the charity. When considering co-opting trustees, the Executive Committee ha5 regard to the requirement for any specialist skills needed. The organisation ha5 8 full induction pack for anv new trustees and also arranges relevant training. Rlsk mana8ement The Executive Committee has instigated a review of the major risks to which the charity may be exposed and systems have been established to miligate those risks. Iniernal risks have been minimised by the implementation ol procedures for authorisation ol all transactions to ensure consistent quality for all operational aspects of the charitable company. These procedures are peiiodically reviewed to ensure that they continue to meet the needs of the charity. Publlc benefit The trustees have referred to the guidance contained within the Charity Commission's general 8uidance on public benefit when reviewin8 the aims and objectives of the charity and in plannin8 future activities. The main activities and who the charity has tried to help are described below. All of the charitable activities focu5 on the well-being of carers and are undertaken to further charitable purpose5 for the public benefit. The tru5tee'5 report Wa5 approved by the Board of Trustees. H Ba5rd Trustee Dated.. 20 August 2024
ESSEX CARERS SUPPORT INDEPENDENT EXAMINER'S REPORT TO THE TRU5TEE5 OF ESSEX CARERS SUPPORT I report to the trustees on my examination of the financial statements of Essex Carers Support Ithe charityl for the year ended 31 March 2024. Responsibilities and bas15 of report As the trustees of the charity land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with ihe requirements ol the Companies Act 2006 Ithe 2006 Act). Having satisfied myself that the financial ststements of the charity are not reqUId to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements carried out under section 145 of ihe Charities Act 2011 (the 2011 Actl. In carryin8 Out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlner's 5talement I have completed my examination. I conflrm that no matters have come to my attention in connectlon wlth the examination giving me cause to believe that in any material respect.. ccountin8 record5 were not kepl in respect ol ihe charity as required by section 386 of the 21)J6 Act., or the financial statements do not accord with those records; or the financial statements do not comply with the atcounting requirements of seetion 396 of the 2C¥)6 Act other than any requirement that thè accounts give a true and fair view which is not a matter considered as part of an independent examination: or the financial statements have not been prepared in accordance with the methods and principles of the Statement ol Recommended Practice lor accountin8 and reportin8 by charitie5 applicable to charities preparin8 their accounts in accordance with the Financial Reportin8 Stsndard applicable in the UK and Republic of Ireland IFRS 1021. I have no ¢0n£erns and have ¢ome across no oiher matters in ¢onne¢tion with ihe èxaminatlon to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Simon Garner FCA Independent Examiner 92 Station Road Clacton on Sea Essex C015 ISG Dated= 11 September 2024
ESSEX CARERS SUPPORT ATEMENTOF FINANCIALAcllVlES INCLUDING INCOME AND EXPENDITURE ACCOUP FOR THE YEAR ENDED 31 MARCH 2024 Unrestrirted Restricted funds funds 2024 2024 Total Total 2024 2023 Notes Intome from.. Donations and legacies Charitable activities Investments 5,244 116.713 3,303 54,162 59,406 116.713 3,303 397 99,446 1,206 Total Income 125,260 54,162 179,422 101,049 endlture on: Charitable activities 98,586 24,824 123,410 133,277 Net Incomellempendlturel for the yearl Nèt movement In funds 26.674 29.338 56.012 132,2281 Fund balances at l Aprll 2023 ISS.370 155.370 187,598 Fund balances at 31 March 2024 182.044 29,338 211.382 155,370 The statement of financial activilies includes all 8ains and losses recognised in the year. All in¢ome and expenditure derive from ¢ontinuin8 a¢tivities. The statement of financlal activlties also complies with the requiremenis for an income and expendlture account under the Companies Act 2006.
ESSEX CARERS SUPPORT ATEMENT OF FINANCIAL ACVlEs ICOTrtrtNUEDI INCLUDING INCOME AND EXPENDITURE ACCOUP FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 NotÈ5 Flxed assets Tangible ass&t5 Current assets Debtor5 Cash at bank and in hand io 2,682 3,578 li 834 155,586 212,875 212,875 156,420 Crèdltors: amounts fallln8 due wlthln onè year 12 14.1751 14.6281 Net current assets 208,7 151,792 Total assets l•ss current Ilabllltles 211,382 155,37Q Intomè funds Restricted funds Unrestricted funds 13 29,338 182.044 155,370 211.382 155,370
ESSEX CARERS SUPPORT ATEMENT OF FINANCIAL ACVlEs ICOTrtrtNUEDI INCLUDING INCOME AND EXPENDITURE ACCOUP FOR THE YEAR ENDED 31 MARCH 2024 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financi315tatement5 which give a true and fair view of the state ol affairs of the tompany as at the end of the financial year and of its incoming resources and application of resources. including its income and expendilure. foi the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members have not required the company to obtsin an audit of its financial statements lor the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the srnall companies re8ime. The flnancial statements were approved by the Trusiees on 20 August 2024 R W Smlth Trustee Company Re81stratlon No. 07544943
ESSEX CARERS SUPPORT NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2024 Accountln8 pollcles Charlty Informatlon Essex Carers Support is a piivaie company limited by gu3r3ntee incorporated in England and Wales. The registered offite is Imperial House. 21>22 Rosemary Road. Clacton on Sea. Essex. C015 INZ. 1.1 Attountln8 conventlon The financial statements have been prepared in atcordance with the charity's Memorandum and Articles incorporated 28 February 2011. the Companies Att 2LX)6 and -Accounting and Reporting by Charities.. Statement ol Retommended Piactice applicable io charities preparing their accounts in accordance with the Flnanci31 Reporting Standard applicable in the LIK and Republit of lieland IFRS 1021" las amended for accounting periods commenting from l January 20161. The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The finan¢ial statements are prepared in sterling. which is the fun¢tional ¢urren¢y of the ¢harity. Monetary amount5 in these financial staternents are rounded to the nearest £. 1.2 Golng concern At the time of approving the finantial statements. the trustèes havè a reasonablè expectation that the Charity has adequate resources to tontinuè in opÈratlonal exisiènte lor the foreseeable future. Thus the trustees continue to adopt the going contern basis of accounting in preparing the financial statements. 1.3 Charltable funds Unrestricted fund5 are available lor use at the discretion ol the trustees in furtheran¢e of their charitable obje¢tives unless the funds have been designated lor other purpts5es. Restricted funds are subject to specifit conditions by donors as io how they may be used. The purposes and uses of the restricted funds are set out in the notes to the finantial statements. 1.4 Incoming rèsources Income is reco8nised when the charity 15 le8ally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donalions are recognised once the charity has been notified of the donation. unles5 perforrnance conditions require deferral of the arnount. Income tax recoverable in relation to donation5 received under Gift Aid or deed5 of covenant 15 recogni5ed at the time of the donation.
ESSEX CARERS SUPPORT NOTES TO THE FINANCIAL STATEMEpirs IcoNriNUEDI FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Icontinuedl 1.5 Tanglble fSxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairrnent losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the followin8 bases.. Fixture5 and fittin85 Computers 25% reducin8 balance 25% reducing balance The gain or loss arisin8 on the disposal of an asset is determined as the difference between the sale proceeds and the carryin8 value of the asset, and is reco8nised in net incomellexpenditurel for the year. 1.6 Cash and cash Èqulvalènts Cash and cash equivalents include cash in hand, deposits held at call with banks, other 5hort-term liquid investments with original maturities of three months or less, and bank overdralts. Bank overdrafts are shown within borrowin8s in current liabilities. Crltltal a¢countlng estlmates and ludgèmènts In the application of the chaiity's accouniing policies. the irustees are required to make judgements. estimates and assumptions about the carrying amouni of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may difler from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are reco8nised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Key 50urce5 of estlmatlon uncertalnty Allo¢atlon of costs The Trustees have estimated the amount of costs allocated to the delivery of restricted fund projects. 10-
ESSEX CARERS SUPPORT NOTES TO THE FINANCIAL STATEMEpirs IcoNriNUEDI FOR THE YEAR ENDED 31 MARCH 2024 Donatlons and le8acles un$trIed Restrfrted funds funds Total Total 2024 2024 2024 2023 Donations and gifts 5.244 54,162 59.406 397 Donatlon5 and glfts Project related- see note 13 Miscellaneous one-off donations 54,162 54,162 5.244 5.244 397 S.244 54,162 59.406 397 Charltsble actlvltles Totsl 2024 Total 2023 Provision of carer support 116,713 99,446 Invèstmènts Unrèstritted funds Total 2024 2023 Interest receivable 3,303 1,206
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ESSEX CARERS SUPPORT NOTES TO THE FINANCIAL STATEMEpirs IcoNriNUEDI FOR THE YEAR ENDED 31 MARCH 2024 Support costs Govèrnancè tost5 2024 2023 Independent examiner fees 2.160 2.160 1.920 2.160 2,160 1,920 Analysed between Charitable activities 2.160 2.160 1.920 Trustees None of the trusteèslor any persons connected with iheml received any remuneration or benefits from the charity during the year. Employees Number of employees The average monthly number of employees duiing the year was.. 2024 Number 2023 Number Employment costs 2024 2023 Wa8es and salaries Social security costs Other pension cost5 99,305 2.166 1,807 105,970 3.351 2,127 103,278 111.448 No employee received employee benefits ol more than £60.fKK) during the year12023.. Nill. 13-
ESSEX CARERS SUPPORT NOTES TO THE FINANCIAL STATEMEpirs IcoNriNUEDI FOR THE YEAR ENDED 31 MARCH 2024 10 Tan8lble flxed assets Flxtuttsand Compbte Total Cost At l April 2023 2,380 17,470 19,850 At 31 March 2024 2.380 17,470 19,850 Depreciatlon and impairment At l April 2023 Depretiation charged in the year 2,237 36 14,035 860 16,272 896 At 31 March 2024 2.273 14,895 17.168 Carrylng amount At 31 March 2024 107 2,575 2,682 At 31 March 2023 143 3,435 3,578 11 Debtor5 2024 2023 Amounts fallln8 due wlthln one year: Other debtors 834 12 Credltors: amounts fallln8 due wlthln one year 2024 2023 Other taxation and social security Other creditors Accruals and deferred income 1,803 2,072 818 1,738 2,372 4,175 4,628 14_
ESSEX CARERS SUPPORT NOTES TO THE FINANCIAL STATEMEpirs IcoNriNUEDI FOR THE YEAR ENDED 31 MARCH 2024 13 Restrlcted funds The income funds of the charity include restricted fund5 compri5in8 the following unexpended balance5 of donation5 and 8rant5 held on trust lor specific purposes.. Movement in funds R*sourtèÉ wÈnded 31 Marth 2024 NEE Carer Outreach and Resilience Project 54,162 124,8241 29,338 54,162 124,8241 29,338 The NEE Carer Outreach and Resilience project relates to 8rant income received from the North East Essex Health and Wellbein8 Alliance. The project aims to support and a make a posilive difference allowin8 people to live safely and independently as they grow older. 14 Analysls of net assets betweèn funds Unrestrlrted Re5trlrted 2024 2024 Total 2024 Total 2023 Fund balances at 31 March 2024 are represented bv.. Tangible assets Current a55etsllliabilitiesl 2.682 179.362 2.682 208,700 3,578 151,792 29,338 182.044 29,338 211,382 155.370 15 Related party transartions Durin8 the year the charity purchased bookkeepin8 services from lay8ate Management Limited at a cost of £2,16012023.' £2,160). lay8ate Management Limited is controlled by R Smith, a trustee of the charitv. 16 Llmited by 8uarantee The company is limited by guarantee of £10 per member. Theie were Six members at the balance sheet date. 15-