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← Newcastle Carers

2024-03-31-accounts

Registered number: 07869359 Charity number: 1145373

Newcastle Carers

(A company limited by guarantee)

Annual Report

31 March 2024

Newcastle Carers

(A company limited by guarantee)

Contents

Page
Reference and administrative details 1
Trustees' report 2 - 8
Independent auditor's report to the members of Newcastle Carers 9 - 12
Statement of financial activities 13
Balance sheet 14
Statement of cash flows 15
Notes to the financial statements 16 - 34

Newcastle Carers

(A company limited by guarantee)

Reference and administrative details Year ended 31 March 2024

Trustees

A Anderson S R Bromhead (resigned 19 September 2023) R Brown B Hamilton D Phythian B Thirsk M K Youngs

Company registered number

07869359

Charity registered number

1145373

Registered office

135-139 Shields Road Newcastle upon Tyne NE6 1DN

Independent auditor

UNW LLP Chartered Accountants Citygate St James' Boulevard Newcastle upon Tyne NE1 4JE

Bankers

Unity Trust Bank Birmingham B1 2HB

1

Newcastle Carers

(A company limited by guarantee)

Trustees' report Year ended 31 March 2024

The trustees present their annual report together with the audited financial statements of the charity for the 1 April 2023 to 31 March 2024. The annual report serves the purposes of both a trustees' report and a directors' report under company law. The trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the charity qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

Policies and objectives

Newcastle Carers is an independent charity supporting adults, children and young people who care for someone living in Newcastle upon Tyne. We provide support to unpaid carers who care for a family member or friend who is ill, disabled or has mental health or substance misuse problems. Our service is free, confidential and nonjudgemental, helping carers to find ways to make their situation easier. We act as a hub for carers in Newcastle, offering information and support throughout the caring journey.

We are the Newcastle network partner of Carers Trust, a national charity which works to improve support, services and recognition for any unpaid carer in the UK. We are also an affiliated member of Carers UK, a national UK membership charity who provide a support network for UK carers.

Our mission is to improve the quality of life for carers in Newcastle, and to tackle the inequalities that carers face.

Achievements and performance

Review of activities

Anyone can become a carer. Sometimes it’s overnight, through sudden illness or injury, or it can be a gradual process as someone’s condition deteriorates. It can be a lifetime commitment.

We support unpaid carers of all ages in Newcastle to improve their quality of life and to overcome the challenges they face. The carers we work with reflect the diversity of communities and circumstances of the residents of the city. The following is a summary of some key developments and work carried out during the year.

Key figures

During the year 2023/24

Note: These figures relate to current clients who are registered with the charity and do not include information on general enquiries from carers who are not registered, or from professionals (unless they relate to a specific client).

2

Newcastle Carers

(A company limited by guarantee)

Trustees' report (continued) Year ended 31 March 2024

Achievements and performance (continued)

Our Services

Young carers deserve the same opportunities as all children. We aim to reduce the negative impact of their caring role and preferably eliminate it using a whole-family approach. Dedicated Young Carers Workers undertake statutory Young Carers Assessments and complex casework as part of our commissioned contract. Funding from other sources, including grants and donations, has enabled us to develop regular groups and holiday activities for young carers, providing peer support and a step-up, step-down approach to more intensive support. Highlights this year include residentials, mental health first aid, forest school, Lego engineering and surfing.

Our established and successful service for young adult carers provides transition assessments, one-to-one information, advice and support and regular group/peer support sessions planned by the young people. Highlights this year include Barbie cinema trip, Beamish Christmas trip, Princes Trust and Carers Into Work event for Young Carers Action Day, and a residential in Richmond.

In addition, young carers and young adult carers received free activities tickets via Newcastle City Council’s Evry Plan including trips to the Panto at Christmas and sports events.

Adult carers need support to feel confident in their day-to-day role, as well as information and advice to “navigate the system” and ensure they get the support that they and the person they care for are entitled to. They also need support to help them achieve a balance between looking after themselves and looking after someone else healthily and sustainably. We offer a comprehensive menu of support for carers with different needs, including a Carers Information Line, drop-in advice sessions across the city, one-to-one appointments, Counselling and Complementary Therapy.

Our restructure in January 2024 saw a dedicated Wellbeing Team Manager appointed to develop our ongoing groups and activities for carers, and this year we successfully secured funding for our Men’s Group, BAME Women’s Group and Wellbeing Activities including first aid, flower making and chocolate tasting.

We also offer specialist projects such as our Asylum Seekers & Refugees project . This three-year project, funded by Carers Trust - Making Carers Count, came to an end in March 2024, and we celebrated with the launch of a series of animations created by asylum seeker and refugee carers, sharing the work both locally and nationally. You can watch the animations at https://www.newcastlecarers.org.uk/adult-carers-supporting-asylumseekers-and-refugees/

Central to our success is partnership work with schools, colleges, universities, the DWP, GP practices, hospitals, social care services, employers and many third-sector organisations, to increase awareness, promote good practice and encourage referrals into our service.

3

Newcastle Carers

(A company limited by guarantee)

Trustees' report (continued) Year ended 31 March 2024

Achievements and performance (continued)

Case Study

Pat* supports a member of the family with severe addiction, resulting in the loss of some family income. Pat is supported by a family recovery service who informed them about Newcastle Carers, which led to telephoning our duty line.

We arranged an initial appointment and assessment, identifying the following priorities: Pat is holding down two jobs which is a direct result of the situation. They are in debt, struggling to pay bills and buy basics like food. Pat identified a need to communicate with the family member about the situation.

Pat was feeling under significant stress, exhausted and understandably worried. The feeling of being out of control was making Pat feel overwhelmed - not knowing what to do or where and how to start.

The carer needed practical help around several areas and information to guide making decisions. The following help/information were provided:

In a follow-up appointment, Pat had acted on information provided:

Based on the advice of the family recovery service, the carer had an honest conversation with the family member, about accessing support for themselves and addressing finances. This has raised Pat’s hope that the situation may start to improve.

Pat contacted StepChange debt charity and payment plans are in place to reduce debt and freeze interest payments. Financial advice was provided and a payment plan was implemented.

Following these positive steps, the carer discussed concerns over ongoing energy bills. Pat was given information from ‘The Energy Doctor’ and a referral form to consider using the energy services support with the City Council. The situation is ongoing and remains fragile, but Pat now feels supported and more in control.

*Name has been changed for confidentiality.

Organisational changes

In September 2024 we welcomed Luke Bramhall as our new CEO, with Interim CEO Austin McNamara coordinating the handover process to ensure Luke got the best possible start. Following Luke’s appointment, we completed a reorganisation process within the management of the service, enabling our team to grow to meet the increasing demand on our services. From January 2024 Claire Briston became our new Impact and Policy Director and Elizabeth Fletcher our new Operations Director, with six other staff promoted to begin training in a transitionary phase into team manager/leader roles. The change of structure recognises the significant growth the charity has been through in recent years and will help us achieve our ambition to improve the lives of more carers in the future.

Luke built on the strategic work Austin had begun, and is leading a six-month consultation with carers, staff, Trustees and other stakeholders to develop a five-year strategy.

4

Newcastle Carers

(A company limited by guarantee)

Trustees' report (continued) Year ended 31 March 2024

Financial review

Financial performance

Income for the year amounted to £1,177,781, an increase of £257,555 from the prior year. The majority of this Increase is due to additional grants being awarded and higher donations than the prior year.

Overall the trustees are satisfied with both the result for the year and the year end financial position, in what continues to be a challenging economic climate. The trustees continue to designate funds to protect and strengthen the charity as we recover from the pandemic. Details of designated funds can be found in note 14.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in note 2.2 of the accounting policies.

Reserves policy

Reserves are maintained at a level that ensures that Newcastle Carers core activities are able to continue during a period of unforeseen difficulty. The trustees believe that the minimum level of the EOR (the "Emergency Operating Reserve" - EOR) should be the equivalent of four months' operating costs budgeted for the following financial year, plus an additional £50,000 for unexpected, large ad hoc costs such as repairs and maintenance.

The figure is calculated and reviewed annually and has been identified following consideration of the main financial risks to the charity. The EOR should be built up to the desired level in stages consistent with the charity's overall financial position and its need to maintain and develop its charitable activities. Therefore, based on the 2024/25 budget the target free reserves is £326,000 (2023/24: £320,000).

The fund balances carried forward at 31 March 2024 show a total of £641,538. Of these funds £107,686 are restricted funds. Excluding balances tied up in restricted and designated funds (excluding the EOR) and fixed assets the charity’s total free reserves stand at £296,321. Therefore, the charity has a shortfall to the reserves target of £29,679 (2023: £28,284) and will look to build the EOR back up to desired level.

5

Newcastle Carers

(A company limited by guarantee)

Trustees' report (continued) Year ended 31 March 2024

Structure, governance and management

Constitution

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 2 December 2011.

The principal objects of Newcastle Carers are:

(a) to relieve the charitable needs of adults and young people who are carers in and around the City of Newcastle upon Tyne, particularly through the provision of advice, information, advocacy, training, counselling, support, friendship and such other activities as the trustees shall from time to time think fit.

(b) to advance education concerning caring amongst carers, the public, and professional and statutory authorities.

Methods of appointment or election of trustees

Trustees are appointed through a process that is open and transparent and takes account of the equalities and diversity policy. A job description and person specification for the role of trustee is agreed and a recruitment pack developed. The post is advertised widely to attract applicants with the relevant skills and experience. All those making an application, and meeting the eligibility criteria, are invited to a first meeting with the Chief Executive and nominated trustees.

In the next stage of the recruitment process candidates are invited to attend a trustee meeting as a guest, to meet other trustees and experience how the Board works. At the following board/general meeting successful candidates will either be co-opted to the Board (by a vote of the trustees) or elected to the Board (by the membership at a general meeting.) Co-opted trustees serve until the next AGM, when they must either stand for election by the membership or stand down.

Organisational structure and decision-making policies

The board of trustees meet bi-monthly, with additional meetings arranged when necessary. Officers are appointed at the first board meeting following the Annual General Meeting.

The board nominates individual trustees to undertake specific tasks, for example as lead on GDPR and data security, to advise and assist with policies and procedures, or to support recruitment of staff and trustees.

Day-to-day management of the charity is delegated to the Chief Executive.

Risk management

The trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

Public benefit

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regards to the Charity Commission's general guidance on public benefit when reviewing Newcastle Carers aims and objectives and in planning the future activities. In particular the trustees considered how planned activities would contribute to the aims and objectives they had set.

6

Newcastle Carers

(A company limited by guarantee)

Trustees' report (continued) Year ended 31 March 2024

Plans for future periods

In April 2024 we were invited to present at the International Young Carers Conference as an example of good practice in involving young carers and young adult carers in the design and delivery of support.

The Carers into Work project came to an end in March 2024, having been hugely successful and the hard work will continue as the partnership of North Tyneside Carers Centre, Northumberland Carers and Newcastle Carers were awarded funding for the Working for Carers Project which launched April 2024. The new project, funded by the Government's UK Shared Prosperity Fund through the North of Tyne Combined Authority (now administered by the North East Combined Authority) will include work with employers and carers in work as well as carers seeking employment.

We are a finalist for Social Action Award in the North East Charity Awards 2024, recognising our projects work giving carers a voice and a platform to share their experiences over many years. The awards will be held in September 2024.

We look forward to launching our five-year strategy, the expansion of our staff team and growing to meet the increasing needs of local carers.

Statement of trustees' responsibilities

The trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under company law, the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

7

Newcastle Carers

(A company limited by guarantee)

Trustees' report (continued) Year ended 31 March 2024

Disclosure of information to auditor

Each of the persons who are trustees at the time when this trustees' report is approved has confirmed that:

Auditor

The auditor, UNW LLP, have indicated their willingness to continue in office. The designated trustees will propose a motion reappointing the auditor at a meeting of the trustees.

Approved by order of the members of the board of trustees on 18 October 2024 and signed on their behalf by:

M K Youngs

8

Independent auditor's report to the members of Newcastle Carers

Opinion

We have audited the financial statements of Newcastle Carers (the 'charitable company') for the year ended 31 March 2024 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) ('ISAs (UK)') and applicable law. Our responsibilities under those standards are further described in the 'Auditor's responsibilities for the audit of the financial statements' section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

9

Independent auditor's report to the members of Newcastle Carers (continued)

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

10

Independent auditor's report to the members of Newcastle Carers (continued)

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We identified areas of law and regulations that could reasonably be expected to have a material effect on the financial statements from our general and sector experience and through discussions with the trustees and other management (as required by Auditing Standards) and from inspection of the charitable company's legal correspondence and we discussed with the directors and other management the policies and procedures regarding compliance with laws and regulations. We have communicated identified laws and regulations within our audit team and remained alert to any indications of non compliance throughout the audit.

Firstly, the charitable company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation (including related companies legislation), distributable profits legislation and taxation legislation and we have assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.

Secondly, the charitable company is subject to many other laws and regulations where the consequences of non compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines and litigation. We identified the following areas as those most likely to have such an effect; safeguarding, health and safety, employment law, data protection, environmental law, and certain aspects of company legislation, recognising the nature of the charitable company's activities. Auditing Standards limit the required audit procedures to identify non compliance with these laws and regulations to enquiry of the trustees and other management and inspection of regulatory and legal correspondence, if any. Through these procedures we have not become aware of any actual or suspected non-compliance material to the financial statements.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

11

Independent auditor's report to the members of Newcastle Carers (continued)

Use of our report

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Anne Hallowell BSc DChA FCA (Senior Statutory Auditor) for and on behalf of UNW LLP, Statutory Auditor Chartered Accountants Newcastle upon Tyne

18 October 2024

12

Newcastle Carers

(A company limited by guarantee)

Statement of financial activities (incorporating income and expenditure account) Year ended 31 March 2024

Unrestricted
Restricted
Unrestricted
Designated
Restricted		 Unrestricted
Restricted
Unrestricted
Designated
Restricted		 Unrestricted
Restricted
Unrestricted
Designated
Restricted		 Unrestricted
Restricted
Unrestricted
Designated
Restricted		 Total
Total		 Total
Total
funds
funds		 funds funds
funds		 funds
funds		 funds
funds
Note 2024
£
2024		 2024 2024
£
2024		 2024
£
2024		 2023
£
2023
Income from: £ £ £ £ £
Donations and legacies Note 4 43,868 324,197 368,065 225,003
Charitable activities
Income from:		 6 621,709 168,424 790,133 695,199
Other trading activities
Donations and legacies		 4 7 19,583
43,868		 - -
324,197		 19,583
368,065		 24
225 003
Charitable activities 6 621,709 - 168,424 790,133 695.199
Total income
Othertrading activities		 T 685,160
19,583		 492,621
1,177,781
-
=
19,583		 920,226
24
Expenditure on:
Raising funds
Total income		 1,453
685,160		 - -
492.621		 1,453
1,177,781		 376
920,226
Charitable activities
Expenditure on:		 8 704,538 428,508
1,133,046		 923,935
Other expenditure
Raising funds		 9 -
1,453		 - -
=		 -
1,453		 80,591
376
Charitable activities 8 669,946 34,592 428,508 1,133,046 923,935
Total expenditure
Other expenditure		 9 705,991
-		 428,508
1,134,499
-
-
-		 1,004,902
80,591
Net (expenditure)/income
Total expenditure		 (20,831)
671,399		 34,592 64,113
428,508		 43,282
1,134,499		 (84,676)
1,004,902
Transfers between funds 14 (3,995) 3,995 - -
Net income/(expenditure) ~~13,761~~
~~-~~		 ~~34,592~~ ~~6~~4~~,113~~ ~~43,2~~8~~2~~ ~~(84,676)~~
Net movement in funds (24,826) 68,108 43,282 (84,676)
Reconciliation of funds:
Transfers between funds		 14 (11,509) 7,514 3,995 - -
Total funds brought forward
Net movement in funds
Net movement in funds		 14
14		 558,678
(24,826)
2,252		 (27,078) 39,578
68,108
68,108		 598,256
43,282
43,282		 682,932
(84,676)
(84.676)
Total funds carried forward
Reconciliation of funds:
Total funds broughtforward		 14 533,852
107,686
~~1,016~~
5~~57,662~~
~~3~~9~~,578~~		 641,538
~~598,2~~5~~6~~		 598,256
~~682,932~~
Net movement in funds 14 2,252 (27,078) 68,108 43,282 (84.676)
The notes on pages 16 to 34 form part of these financial statements. The notes on pages 16 to 34 form part of these financial statements. The notes on pages 16 to 34 form part of these financial statements.

13

Newcastle Carers

(A company limited by guarantee)

Balance sheet As at 31 March 2024

2024 2024 2023
Note £ £
Fixed assets
Tangible assets 11 6,947 6,300
6,947 6,300
Current assets
Debtors 12 23,445 9,947
Cash at bank and in hand 709,259 774,086
732,704 784,033
Creditors: amounts falling due within one
year 13 (98,113) (192,077)
Net current assets 634,591 591,956
Total net assets 641,538 598,256
Restricted funds 14 107,686 39,578
Unrestricted funds
Designated funds 14 530,584 557,662
General funds 14 3,268 1,016
Total unrestricted funds 14 533,852 558,678
Total funds 641,538 598,256

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the trustees on 18 October 2024 and signed on their behalf by:

A Anderson

Company registered number: 07869359

The notes on pages 16 to 34 form part of these financial statements.

14

Newcastle Carers

(A company limited by guarantee)

Statement of cash flows Year ended 31 March 2024

Note
Cash flows from operating activities
Net cash used in operating activities
16
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
17
The notes on pages 16 to 34 form part of these financial statements		 2024
£
(60,821)
(4,006)
(4,006)
(64,827)
774,086
709,259		 2023
£
214,363
(774)
(774)
213,589
560,497
774,086

15

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

1. General information

The charity is a company limited by guarantee incorporated in the United Kingdom. The members of the company are the trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Newcastle Carers meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are prepared in pounds sterling which is the functional currency of the charity and are rounded to the nearest £1.

2.2 Going concern

The financial statements have been prepared on a going concern basis.

The trustees have considered the risks and all factors they believe might reasonably impact upon the future outlook of the charity. The charity has a relatively low fixed cost base and adequate resources to continue in operational existence for the foreseeable future.

The Newcastle City Council and North East and North Cumbria Integrated Care Board contract for Carers Services in Newcastle upon Tyne runs from November 2022 to October 2025.

As a result, the trustees have a reasonable expectation that the charity will continue as a going concern for a period of at least 12 months from the date of signing these accounts.

2.3 Incoming resources

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Government grants are credited to the statement of financial activities as the related expenditure is incurred.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the relevant events. Gifts donated for resale are included as income when they are sold.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

16

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity, including those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.

Expenditure on raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Tangible fixed assets and depreciation

Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following bases:

Short-term leasehold property - over the life of the lease Office equipment - 25% Computer equipment - 33%

2.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

17

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

2. Accounting policies (continued)

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

2.9 Pensions

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

2.10 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

In preparing these financial statements the trustees do not consider there were any significant areas of judgment that were required in applying the company's accounting policies as set out above.

18

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

4. Income from donations and legacies

Unrestricted
funds
2024
£
Donations
23,769
Grants (see note 5)
1,130
Fees, events contributions and other voluntary income
18,969
Total 2024
43,868
Unrestricted
funds
2023
£
Donations
5,000
Grants (see note 5)
-
Fees, events contributions and other voluntary income
3,288
Total 2023
8,288		 Restricted
funds
2024
£
73,838
248,359
2,000
324,197
Restricted
funds
2023
£
19,842
196,873
-
216,715		 Total
funds
2024
£
97,607
249,489
20,969
368,065
Total
funds
2023
£
24,842
196,873
3,288
225,003

19

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

5. Grants

Ballinger Charitable Trust
CABWI
Carers Cost of Living Fund
Carers Trust: Making Carers Count
Children In Need
LGA Foundation
Mazars
NHS Hospital Trust: Hospital Carers Worker
North of Tyne Combined Authority - Carers Into Work
North of Tyne Small Grants
Sir James Knott Trust
The Joicey Trust
Other Small Grants		 2024
£
20,000
35,000
50,000
71,874
26,642
10,000
10,000
-
-
2,343
10,000
3,000
10,630
249,489		 2023
£
15,000
-
-
59,036
40,014
10,000
-
32,912
26,154
-
-
-
13,757
196,873

6. Income from charitable activities

Unrestricted
funds
2024
£
Joint Contract - Newcastle City Council and Newcastle
Gateshead Clinical Commissioning Group
621,709
Unrestricted
funds
2023
£
Joint Contract - Newcastle City Council and Newcastle
Gateshead Clinical Commissioning Group
590,875		 Restricted
funds
2024
£
168,424
Restricted
funds
2023
£
104,324		 Total
funds
2024
£
790,133
Total
funds
2023
£
695,199

20

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

7. Income from other trading activities

Unrestricted
funds
2024
£
Miscellaneous income
496
Insurance income
19,087
19,583		 Total
funds
2024
£
496
19,087
19,583		 Total
funds
2023
£
24
-
24

8. Analysis of expenditure by activities

Support services to carers
Support services to carers		 Activities
undertaken
directly
2024
£
924,371
Activities
undertaken
directly
2023
£
743,577		 Support
costs
2024
£
208,675
Support
costs
2023
£
180,358		 Total
funds
2024
£
1,133,046
Total
funds
2023
£
923,935

21

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

8. Analysis of expenditure by activities (continued)

Analysis of direct costs

Wages and salaries (see note 9)
Project costs
Client related expenditure
Complimentary therapy additional costs
Volunteer costs		 Total
funds
2024
£
617,004
69,389
232,853
4,571
554
924,371		 Total
funds
2023
£
492,558
108,857
139,713
2,183
266
743,577

Analysis of support costs

Wages and salaries (see note 9)
Depreciation
Administrative costs
Legal and professional fees
Audit and tax fees		 Total
funds
2024
£
38,836
3,359
152,293
8,437
5,750
208,675		 Total
funds
2023
£
38,243
8,256
121,115
6,644
6,100
180,358

22

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

9. Other expenditure

Total Total
funds funds
2024 2023
£ £
Clawbacks on contract income - 80,591

At the end of the previous contract which ended in 2022, there was an underspend on the Carers Wellbeing Fund totalling £80,591. This amount was due to be repaid to commissioners and therefore was recognised as expenditure in the prior year, however the local authority agreed in September 2023 that the repayment was not required and the funding could be retained for the remainder of the current contract.

10. Staff costs

Wages and salaries
Social security costs
Other pension costs		 2024
£
591,200
46,899
17,741
655,840		 2023
£
471,361
43,055
16,385
530,801

The average number of persons employed by the charity during the year was as follows:

2024 2023
No. No.
23 23

23

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

10. Staff costs (continued)

No employee received remuneration amounting to more than £60,000 in either year.

The average number of employees, calculated on a full-time equivalent basis, was 18 (2023: 17).

No trustees were entitled to, or received, any remuneration or any other benefits for services during 2024 (2023: £nil) and expenses of £383 (2023: £nil) were incurred by or reimbursed to 1 trustee (2023: 0).

Key management personnel are deemed to be those having authority and responsibility delegated to them by the trustees for planning, directing and controlling the activities of the charity. During 2023/24 they are:

Austin McNamara (to October 2023) Luke Bramhall (from October 2023) Elizabeth Fletcher (from January 2024) Claire Briston (from January 2024)

The total employee benefits of the key management personnel of the charity were £88,238 (2023: £70,377), of which £40,821 (2023: £31,400) relates to consultancy costs not included within staff costs.

24

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

11. Tangible fixed assets

Cost or valuation
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
Debtors
Trade debtors
Other debtors
Prepayments and accrued income		 Short-term
leasehold
property
£
43,658
-
43,658
40,178
696
40,874
2,784
3,480		 Office
equipment
£
7,752
1,036
8,788
6,480
999
7,479
1,309
1,272		 Computer
equipment
£
27,210
2,970
30,180
25,662
1,664
27,326
2,854
1,548
2024
£
17,378
263
5,804
23,445		 Total
£
78,620
4,006
82,626
72,320
3,359
75,679
6,947
6,300
2023
£
239
-
9,708
9,947

12. Debtors

25

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

13. Creditors: amounts falling due within one year

Bank overdrafts
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income
Deferred income at 1 April
Resources deferred during the year
Amounts released from previous periods
Deferred income at 31 March		 2024
£
428
6,064
24,023
17,681
49,917
98,113
2024
£
16,651
25,054
(16,651)
25,054		 2023
£
-
21,075
42,329
4,092
124,581
192,077
2023
£
26,487
16,651
(26,487)
16,651

26

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

14. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Business Development
Emergency Operating Reserve
Ethical Employer
General funds
General funds
Total unrestricted funds		 Balance at 1
April 2023
£
173,717
297,000
86,945
557,662
1,016
558,678		 Income
£
-
-
-
-
685,160
685,160		 Expenditure
£
(26,432)
-
(8,160)
(34,592)
(671,399)
(705,991)		 Transfers
in/out
£
3,354
3,000
1,160
7,514
(11,509)
(3,995)		 Balance at
31 March
2024
£
150,639
300,000
79,945
530,584
3,268
533,852

27

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

14. Statement of funds (continued)

Restricted funds
Ballinger Charitable Trust
CABWI Awarding Body: Life-
long learning and
development fund
Carers Trust: Making Carers
Count
Carers Wellbeing Fund
Children in Need
Complementary Therapy
Service
Joicey Trust
LGA Foundation
Mazars
Newcastle City Council: Carers
Cost of Living Fund
Newcastle City Council: Carers
Week
Newcastle City Council: CWF
Clawback
The Newcastle Hospitals
Charity – Hospital Carer
Information and Advice
Worker
North East Combined Authority:
Small Grant Programme
North of Tyne Combined
Authority/North East
Combined Authority: Working
for Carers
Sir James Knott Trust
Adult and Young Carer General
Donations
Other small grants
Total of funds		 Balance at 1
April 2023
£
-
-
15,861
3,959
5,155
(575)
-
10,000
-
-
5,000
-
-
-
-
-
-
178
39,578
598,256		 Income
£
20,000
35,000
71,874
168,424
26,642
51,588
3,000
10,000
10,000
50,000
2,000
-
-
2,343
-
10,000
22,250
9,500
492,621
1,177,781		 Expenditure
£
(17,435)
(35,000)
(88,095)
(120,631)
(31,797)
(33,760)
(3,000)
(10,000)
(10,000)
(50,200)
(6,703)
(3,380)
(3,435)
(968)
(100)
(3,400)
(2,617)
(7,987)
(428,508)
(1,134,499)		 Transfers
in/out
£
-
-
360
(27,375)
-
-
-
-
-
200
2,000
25,375
3,435
-
-
-
-
-
3,995
-		 Balance at
31 March
2024
£
2,565
-
-
24,377
-
17,253
-
10,000
-
-
2,297
21,995
-
1,375
(100)
6,600
19,633
1,691
107,686
641,538

28

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

14. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
Designated funds
Business Development
Emergency Operating Reserve
Ethical Employer
General funds
General funds
Total unrestricted funds		 Balance at
1 April 2022
£
25,000
300,000
116,956
441,956
113,709
555,665		 Income
£
-
-
-
-
599,187
599,187		 Expenditure
£
(5,533)
-
(22,944)
(28,477)
(553,135)
(581,612)		 Transfers
in/out
£
154,250
(3,000)
(7,067)
144,183
(158,745)
(14,562)		 Balance at
31 March
2023
£
173,717
297,000
86,945
557,662
1,016
558,678

29

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

14. Statement of funds (continued)

Restricted funds
Carers Wellbeing Fund
Ballinger Charitable Trust
Carers Trust: Carers Respite
Carers Trust: Making Carers
Count
Children in Need
NHS Hospital Trust: Hospital
Carer Information
Newcastle Gateshead Clinical
Comissioning Group: Winter
Pressures
Complementary Therapy
Service
Newcastle City Council: Carers
Week
North of Tyne Combined
Authority: Carers into Work
Newcastle City Council:
Omicron Fund
LGA Foundation
Other Small Grants
Total of funds		 Balance at
1 April 2022
£
84,408
3,267
4,670
10,737
6,501
2,022
5,778
(7,164)
5,000
8,501
4,014
-
(467)
127,267
682,932		 Income
£
104,324
15,000
-
59,036
40,014
32,912
-
19,842
-
26,154
-
10,000
13,757
321,039
920,226		 Expenditure
£
(184,773)
(18,348)
(4,670)
(53,912)
(41,360)
(38,388)
-
(30,320)
-
(34,655)
(3,240)
-
(13,624)
(423,290)
(1,004,902)		 Transfers
in/out
£
-
81
-
-
-
3,454
(5,778)
17,067
-
-
(774)
-
512
14,562
-		 Balance at
31 March
2023
£
3,959
-
-
15,861
5,155
-
-
(575)
5,000
-
-
10,000
178
39,578
598,256

30

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

14. Statement of funds (continued)

Designated Funds

Business Development

Funds from previous surpluses which have been allocated by the trustees to specific areas of business development, including rebranding, tender management support, etc. Over the life of the current contract we are investing in targeted support for data analysis, comms and marketing, finance and income generation.

Emergency Operating Reserve

Funds allocated by trustees representing the minimum level of reserves to be maintained, to cover four months of operation costs, costs arising from any reduction in operations and unplanned building repairs etc.

Ethical Employer

The trustees of Newcastle Carers recognise that the staff team are one of the charity’s biggest assets. Our Ethical Employer Designated Fund protects our staff by fulfilling the following functions:

Restricted Funds

Ballinger Charitable Trust

This grant towards the running costs of the Young Carers Service contributed to the costs of a Young Carers Worker, supporting individual young carers as well as our junior young carers group.

CABWI Awarding Body: Life-long learning and development fund

Three year funding to provide employability support for young adult and adult carers in Newcastle upon Tyne, running from May 2023 to April 2026.

Carers Trust: Making Carers Count

Making Carers Count is a Carers Trust partnership programme supported by the Covid-19 Support Fund. Newcastle Carers employed an Asylum Seeker and Refugees Worker to develop our work with this underrepresented community.

Carers Wellbeing Fund

Newcastle Carers administers the Carers Wellbeing Fund on behalf of NHS North East and North Cumbria Integrated Care Board and Newcastle City Council. The fund provides carers with the opportunity to access small grants. Monies carried forward are specifically for grants for carers.

Children in Need

Three year funding to support young carers by enabling positive friendships and social interactions with other young carers, improving their health and well being and increasing their aspirations. The funding ended in November 2023.

Complementary Therapy Service

The income received this year is from a generous anonymous donor who supports the costs of the service.

31

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

14. Statement of funds (continued)

Joicey Trust

A grant supporting our work with young and young adult carers.

LGA Foundation

Newcastle Carers were awarded a two year grant of £10,000 per year from the LGA Foundation. Running from February 2023 – January 2025 this generous contribution to project core costs will help to reach more young carers and young adult carers across the city.

Mazars

This grant enabled us to offer a wider range of therapeutic activities to improve the wellbeing of adult carers.

Newcastle City Council: Carers Cost of Living Fund

Newcastle City Council provided funding from the UK Government’s Household Support Fund, enabling us to support carers with small grants to help address the impact of the cost of living crisis.

Newcastle City Council: Carers Week

Newcastle Carers were awarded a small amount from Newcastle City Council to provide a variety of events and activities during Carers Week in June. Additional funding for June 2024 is carried forward.

Newcastle City Council: CWF Clawback

In November 2022 there were significant unspent Carers Wellbeing funds remaining due to the impact of Covid on applications. Newcastle City Council agreed in September 2023 that this portion of these funds could be spent on carer awareness, identification, engagement, participation and awareness raising.

The Newcastle Hospitals Charity – Hospital Carer Information and Advice Worker

This project employed a Carer Information and Advice Worker to work broadly to raise awareness of carers and develop successful referral routes across the Trust and recruit and support Carers Champions within the staff teams in the Trust. It ended in April 2023.

North East Combined Authority: Small Grant Programme

12 month funding to engage with economically inactive carers, funded by the Government’s UK Shared Prosperity Fund through the North of Tyne Combined Authority (now the North East Combined Authority) and administered by Rocket Science (UK) Ltd.

North of Tyne Combined Authority/North East Combined Authority: Working for Carers

This project began in April 2024, but some preparatory spending in March 2024 was necessary. The Working for Carers project is a partnership between North Tyneside Carers' Centre, Carers Northumberland and Newcastle Carers. It is funded by the Government's UK Shared Prosperity Fund through the North of Tyne Combined Authority and is now administered by the North East Combined Authority.

Sir James Knott Trust

Two year funding to support our work with Young Adult Carers and Young Carers, contributing to the core costs for our young and young adult carers team. Allowing us to develop our non-statutory support for people aged 14-25 years, who are identified as carers.

Adult and Young Carer General Donations

The income received this year is from generous anonymous donors, who have requested their donations be spent supporting activities with young carers or adult carers.

32

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

14. Statement of funds (continued)

Other small grants

All grants of £2,500 or less are included in this section.

15. Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted
funds
2024
£
Tangible fixed assets
6,947
Current assets
625,018
Creditors due within one year
(98,113)
Total
533,852		 Restricted
funds
2024
£
-
107,686
-
107,686		 Total
funds
2024
£
6,947
732,704
(98,113)
641,538

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2023
£
6,300
744,455
(192,077)
558,678		 Restricted
funds
2023
£
-
39,578
-
39,578		 Total
funds
2023
£
6,300
784,033
(192,077)
598,256

33

Newcastle Carers

(A company limited by guarantee)

Notes to the financial statements Year ended 31 March 2024

16. Reconciliation of net movement in funds to net cash flow from operating activities

Net income for the period (as per Statement of Financial Activities)
Adjustments for:
Depreciation charges
(Increase)/decrease in debtors
(Decrease)/increase in creditors
Net cash provided by/(used in) operating activities		 2024
£
43,282
3,359
(13,498)
(93,964)
(60,821)		 2023
£
(84,676)
8,257
188,542
102,240
214,363

17. Analysis of cash and cash equivalents

Cash in hand
Analysis of net debt
At 1 April
2023
£
Cash at bank and in hand
774,086
Bank overdrafts repayable on demand
-		 2024
£
709,259
Cash flows
£
(64,827)
(428)		 2023
£
774,086
At 31 March
2024
£
709,259
(428)

18. Analysis of net debt

19. Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £17,741 (2023: £16,385). Contributions totaling £2,723 (2023: £2,577) were payable to the fund at the balance sheet date and are included in creditors.

20. Related party transactions

Bridget Hamilton, a trustee, provided a creative writing workshop for carers as part of her professional role as a writer. The cost of this workshop was £150 and the balance outstanding at year end was £nil.

34