OpenCharities

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

← Surrey Independent Living Charity

2025-03-31-accounts

Charity registration number 1146482

SURREY INDEPENDENT LIVING CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

SURREY INDEPENDENT LIVING CHARITY

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Trustees Trustees Trustees Ms M M M Krasovec Krasovec Krasovec Krasovec Krasovec Krasovec Krasovec
Mr M Moorwood
Ms MAdaway Adaway ~~- ~~Treasurer
Ms C Lawrence
MsF F Bailey ~~- ~~Chair
Ms L Riddett
Ms H Ridzuan~~-A~~llen
Charity number 1146482
Principal address Astolat
ConiersWay Way
Burpham
Guildford
Surrey
GU4 7HL
Independent examiner
Kirk		 Rice LLP
Victoria House
178~~-~~180 Fleet Road
Fleet
Hampshire
GU51 4DA
Bankers National Westminster Bank
45 Park Street
Camberley
Surrey
GU15 3PA

SURREY INDEPENDENT LIVING CHARITY

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The Trustees, who are also directors of the charity for purposes of the Companies Act 2006, present their annual report and financial statements for the year ended 31 March 2025, prepared to meet the requirements for a directors' report and accounts for Companies Act purposes ~~.~~

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Constitution, the Charities Act 2011 and "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) ~~.~~

Objectives and activities

SILC's objective is to promote independent living and equal opportunities for Disabled People, with a particular focus on Direct Payments and Personal Budgets ~~.~~ Our work assists recipients to be in control of their life and enable them to live as full a life as possible by providing expertise, information, guidance, and support ~~.~~

During the year SILC continued its core operations as follows:

The Trustees recognise that, like all other voluntary sector organisations, SILC faces major threats and challenges over the next few years due to huge strategic changes to the two main providers of our revenue streams:

1) As a result of Devolution and local government reorganisation, SCC will no longer exist 2) The Integrated Care Boards are also experiencing major reorganisation with the demise of NHS England.

In order, to build a sustainable future, in a changing and increasingly challenging economic and commercial environment the trustees have identified the Strategic Priorities for SILC over the next three years ~~.~~ These have been prioritised as short ~~-~~ term, medium term and long term, with the shor ~~t-~~ term objectives being actionable in 2025/ 2026 ~~.~~

The main objectives and activities identified for the year were:

~~-~~ 1 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake ~~.~~

Achievements and performance

The organisation can report the following:

*Visits to Job Centres / Local Colleges

The organisation's performance and efficiency have been closely monitored and procedures put in place to ensure SILC provides an effective, efficient, and quality service ~~.~~ SILC works closely with Surrey County Council and partners and aims to be at the forefront of all new initiatives.

In the long term, SILC aims to have a diverse funding base with a range of services and projects that support Disabled People to live independently and to make choices about their lives ~~.~~

Financial review

SILC was able to achieve a surplus of £10,811 ~~.~~ The trustees were satisfied with this result, which was ahead of their initial expectations for the year under the restructuring strategy.

Going concern

In the medium term, SILC's funds are sufficient to sustain the organisation. In the longer term, SILC would not be able to continue its operations at present levels or expand without replacement funding from another source.

Reserves policy

Funds not immediately required by the charity for its day ~~-to-~~ day expenses are transferred to an investment ‘unreserved’ account in order to earn a higher level of interest. The trustees consider that reserves should be maintained in order to:

At the period end date, the funds balances were: Unrestricted General Fund: £451,687 Restricted Fund: £73,938

~~-~~ 2 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Principal funding sources

SILC's main source of funding during the year was from the Direct Payment support contract with Surrey County Council which incorporated the administration of one ~~-o~~ ff GP Carer's PHB Payments and EIP payments to young Carers; PHB supported managed accounts; SILC's Financial Monitoring Service; the administration of Assisted Financial Accounts; the delivery of training; Administrative Services to Healthwatch Surrey and Management Fees from the Surrey Healthwatch NHS Health Complaints Advocacy project.

Investment powers

The Constitution authorises the trustees to make and hold investments using the general funds of SILC, which for this financial year were held in a 7iM Investment portfolio until the 13th June 2024 when it was transferred to Nucleus Financial Services Ltd, a trading platform for investment in Tatton’s Cautious Ethical Fund and managed by Scotia Wealth Management Services ~~.~~

Plans for future periods ~~-~~ Short term objectives (by 31 March 2026)

Structure, governance and management

The charity is controlled by its governing document, which is its Constitution, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006 ~~.~~

The trustees who served during the year and up to the date of signature of the financial statements were: Ms M Krasovec

Mr M Moorwood

Ms M Adaway ~~-~~ Treasurer Ms C Lawrence Ms F Bailey ~~-~~ Chair Ms L Riddett Ms H Ridzuan ~~-A~~ llen

Appointment of trustees is governed by the Constitution of Surrey Independent Living Charity (SILC) ~~.~~ The Executive Committee (board of trustees) is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee ~~.~~

The day ~~-to-~~ day responsibility for management is delegated to Richard Davy, the Chief Executive Officer, Rebecca Griffin, Operations Manager, and Joan Cumber, Finance Manager ~~.~~

~~-~~ 3 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Organisational structure

SILC is a registered charity (charity number: 1146482) that is led by a Trustee Board with their own disability and/or direct experience of supporting a disabled person. In December 2011, SILC became a Company Limited by guarantee retaining its charitable status ~~.~~ The organisation's name was changed in 2022 to the Surrey Independent Living Charity and became a Charitable Incorporated Organisation ~~.~~ New recruits to the committee are encouraged to join sub ~~-~~ committees and training is provided on employment, finance and trustee responsibilities as required.

Funds held as custodian trustee

The charity holds money off the balance sheet,on behalf of carers and young carers. The balance as of 31st March 2025 was £190,432 ~~.~~ These funds are held in separate designated bank accounts ~~.~~

Commencement of activities

The charitable company was incorporated on 9 December 2011 ~~.~~ The charity commenced its activities when it took over the unincorporated charity Surrey Independent Living Council (charity number: 1088220) on 1 July 2012 ~~.~~ The company was dormant until this date.

Public benefit requirement

The trustees have discussed the issue of public benefit and are confident that the breadth and scope of the work the Charity undertakes, as disclosed in this report, complies with Section 17 of the Charities Act 2011, and has due regard to the Charity Commission's general guidance on public benefit ~~.~~ Funding from our contracts has enabled the organisation to provide a Direct Payments support service to over 4,500 users during the last year, to give presentations and training sessions promoting independent living and to deal with thousands of enquiries relating to the use of Direct Payments, Personal Budgets, Sel ~~f-~~ Directed Support and Pensions.

Statement of trustees' responsibilities

The trustees 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) ~~.~~

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

~~-~~ select suitable accounting policies and then apply them consistently;

~~-~~ observe the methods and principles in the Charities SORP;

~~-~~ make judgements and estimates that are reasonable and prudent;

~~-~~ state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

~~-~~ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping sufficient accounting records that 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 Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

~~-~~ 4 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The trustees' report was approved by the Board of Trustees. Ms F Bailey - Chair Trustee Date: 1819/2025...

=5<

SURREY INDEPENDENT LIVING CHARITY

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF SURREY INDEPENDENT LIVING CHARITY

| report to the trustees on my examination of the financial statements of Surrey Independent Living Charity (the charity) for the year ended 31 March 2025 ~~.~~

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

| report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | am a Fellow Chartered Accountant (FCA), as issued by the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies ~~.~~

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

| understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

| 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 financial statements to be reached ~~.~~ T Tleate

Kirk Rice LLP

Timothy David Neale FCA

Victoria House 178 ~~-~~ 180 Fleet Road Fleet Hampshire GU51 4DA

Dated: 25/09/2025

~~-~~ 6-

SURREY INDEPENDENT LIVING CHARITY

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Unrestricted Restricted Restricted Total Total Unrestricted Unrestricted Restricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Income from:
Donations and legacies 3 17,423 ~~-~~ 17,423 24,645 ~~-~~ 24,645
Charitable activities 4 587,059 29,975 617,034 583,305 30,000 613,305
Investments 5 4,791 ~~-~~ 4,791 4,212 ~~-~~ 4,212
Total income 609,273 29,975 639,248 612,162 30,000 642,162
Expenditure on:
Charitable activities 6 591,269 35,867 627,136 619,496 32,869 652,365
Total expenditure 591,269 35,867 627,136 619,496 32,869 652,365
Net gains/(losses) on
investments 12 (1,301) ~~-~~ (1,301) 10,726 ~~-~~ 10,726
Net income/(expenditure) and
movement in funds 16,703 (5,892) 10,811 3,392 (2,869) 523
Reconciliation offunds:
Fund balances at 1 April 2024 434,984 79,830 514,814 431,592 82,699 514,291
Fund balances at 31 March
2025 451,687 73,938 525,625 434,984 79,830 514,814

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

~~-~~ 7 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 14 6,588 6,890
Currentassets
Debtors 15 95,842 54,802
investments 16 282,764 284,065
Cash at bank and in hand 191,837 219,355
570,443 558,222
Creditors: amounts falling due within 17
one year (51,406) (50,298)
Net current assets 519,037 507,924
Total assets less current liabilities 525,625 514,814
Netassets excluding pension liability 525,625 514,814
The funds ofthe charity
Restricted income funds 20 73,938 79,830
Unrestricted funds 451,687 434,984
525,625 514,814

The financial statements were approved by the trustees On ...........::.c::cceeee

Pao,Ned Bailey - 0. : Trustee

=x

==> picture [420 x 208] intentionally omitted <==

==> picture [34 x 58] intentionally omitted <==

SURREY INDEPENDENT LIVING CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Surrey Independent Living Charity is a Charitable Incorporated Organisation operating in Surrey (charity number: 1146482). The charity's principal address is Astolat, Coniers Way, Burpham, Guildford, GU4 7HL ~~.~~

1 ~~.~~ 1 Accounting convention

The financial statements have been prepared in accordance with the charity's constitution and articles of association, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 charity is a Public Benefit Entity as defined by FRS 102 ~~.~~

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view ~~.~~ This departure has involved following the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn ~~.~~

The financial statements are prepared in sterling, which is the functional currency of the charity ~~.~~ Monetary amounts in these financial statements are rounded to the nearest £ ~~.~~

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, however they draw attention to the disclosures of threats to, and their assessment of, the charity's going concern status included within the Trustees' Report. Having evaluated these matters, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements ~~.~~

1 ~~.~~ 3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives ~~.~~

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used ~~.~~ The purposes and uses of the restricted funds are set out in the notes to the financial statements ~~.~~

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Income is the amount derived from activities, and stated after trade discounts, other sales taxes and net of VAT ~~.~~

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount ~~.~~

1 ~~.~~ 5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation commiting the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category ~~.~~ Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

~~-~~ 10 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

(Continued)

Overhead and support costs have been allocated between charitable activity and governance based on the specific costs and time spent on charitable activities.

1 ~~.~~ 6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses ~~.~~ Those valued at £300 or less are expensed through the Statement of Financial Activities ~~.~~

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings

25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1 ~~.~~ 7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any) ~~.~~

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short ~~-~~ term liquid investments with original maturities of three months or less, and bank overdrafts ~~.~~ Bank overdrafts are shown within borrowings in current liabilities ~~.~~

Current asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income for the year ~~.~~ Transaction costs are expensed as incurred ~~.~~

1 ~~.~~ 9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments ~~.~~

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

~~-~~ 1 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest ~~.~~ Financial liabilities classified as payable within one year are not amortised ~~.~~

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method ~~.~~

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers ~~.~~ Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non ~~-c~~ urrent liabilities ~~.~~ Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method ~~.~~

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

1 ~~.~~ 10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount 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 differ from these estimates ~~.~~

The estimates and underlying assumptions are reviewed on an ongoing basis ~~.~~ Revisions to accounting estimates are recognised 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.

3 Income from donations and legacies

Unrestricted Unrestricted Unrestricted Unrestricted
funds funds
2025 2024
£ £
Donations and gifts 17,423 24,645

~~-~~ 12 ~~-~~

==> picture [69 x 31] intentionally omitted <==

==> picture [77 x 46] intentionally omitted <==

==> picture [97 x 41] intentionally omitted <==

==> picture [34 x 45] intentionally omitted <==

==> picture [34 x 57] intentionally omitted <==

==> picture [35 x 45] intentionally omitted <==

==> picture [35 x 57] intentionally omitted <==

==> picture [97 x 41] intentionally omitted <==

==> picture [35 x 45] intentionally omitted <==

==> picture [35 x 57] intentionally omitted <==

==> picture [34 x 45] intentionally omitted <==

==> picture [34 x 57] intentionally omitted <==

==> picture [121 x 70] intentionally omitted <==

SURREY INDEPENDENT LIVING CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

6 Expenditure on charitable activities

Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable		 Charitable
Charitable
activities
activities
2025 2024
£ £
Direct costs
Staff costs 277,532
313,106
Travelling costs 729 186
278,261
313,292
Share ofsupport and governance costs (see note 7)
Support 329,739
329,818
Governance 19,136 9,255
627,136
652,365
Analysis by fund
Unrestricted funds 591,269
619,496
Restricted funds 35,867
32,869
627,136
652,365
7
Support		 costs allocated to activities
2025 2024
£ £
Staff costs 192,821
185,165
Depreciation 4,490 3,728
Computer costs 12,292
23,713
Staff training Staff training and recruitment 36,513
35,030
Insurance 3,811 3,809
Telephone 5,817 7,100
Postage and stationery 6,060 5,542
Sundries 37,685
32,584
Repairs and maintenance 3,569 3,707
Service charge 26,680
29,440
Governance costs 19,137 9,255
348,875
339,073
Analysed between:
Charitableactivities 348,875
339,073

~~-~~ 14 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8
Net movement in funds		 8
Net movement in funds		 8
Net movement in funds		 8
Net movement in funds		 8
Net movement in funds		 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Depreciation ofowned tangible fixed assets 4,490 3,728
9
Trustees

None of the trustees (or any persons connected with them) received any remuneration during year, but, combined, they were reimbursed a total of £Nil of travelling expenses (2024: combined reimbursement of £829) ~~.~~

All trustees are required by the charity to comply with its Conflicts of Interest policy ~~.~~ This states that they may be required to leave a meeting where it is considered that their presence may unduly influence their own benefit.

10 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
Advisory 9 10
Advisory Support 2 2
Total 11 12
Employment costs 2025 2024
£ £
Wages and salaries 412,835 437,459
Social security costs 39,089 42,328
Other pension costs 18,429 18,484
470,353 498,271
The number ofemployees whose annual remuneration was more than £60,000
is as follows:
2025 2024
Number Number
£60,001 ~~- ~~£70,000 1 1
£90,001 ~~-~~£100,000 1 1

Remuneration of key management personnel

Remuneration for key management personnel for the year ended 31 March 2025 was £161,196 (2024: £157,199) ~~.~~

~~-~~ 15 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

15 Debtors Debtors
2025 2024
Amounts falling due within one year:
£		 £
Trade debtors 90,752 53,467
Other debtors 2,889 236
Prepayments and accrued income 2,201 1,099
95,842 54,802
16 Current asset investments
2025 2024
£ £
Currentlisted investments 282,764 284,065

All investments are held in the UK in ethical and sustainabilit ~~y~~ -focused funds ~~.~~

Current asset investments is comprised of surplus cash and cash equivalents held as part of an investment portfolio with a liquidity of under 1 year.

17 Creditors: amounts falling due within one year

2025 2024
£ £
Other taxation and social security 27,188 22,089
Trade creditors 4,800 1,393
Other creditors 4,399 9,547
Accruals and deferred income 15,019 17,269
51,406 50,298
18
Retirement benefit schemes
2025 2024
Defined contribution schemes £ £
Chargetoprofitorloss inrespectofdefinedcontributionschemes
18,429		 18,484

The charity operates a defined contribution pension scheme for all qualifying employees ~~.~~ The assets of the scheme are held separately from those of the charity in an independently administered fund ~~.~~

~~-~~ 17 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used ~~.~~ These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes ~~.~~

At 1 April Incoming
Resources		 Incoming
Resources		 Incoming
Resources		 Gains and Gains and Gains and At31 March
2024 resources
expended		 losses 2025
£ £
£		 £ £
General funds 434,984 609,273
(591,269)		 (1,301) 451,687
Previous year: At 1 April Incoming
Resources		 Gains and At31 March
2023 resources
expended		 losses 2024
£ £
£		 £ £
Generalfunds 431,592 612,162
(619,496)		 10,726 434,984

20 += Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used ~~.~~

Movement in funds Movement in funds Movement in funds Movement in funds Movement in funds Movement in funds Movement in funds Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1 April 2023 resources expended 1 April 2024 resources expended 31 March 2025
£ £ £ £ £ £ £
Skills for Care 72,700 18,050 (18,213) 79,830 29,975 (35,867) 73,938
~=+Analysis ~=+Analysis ~=+Analysis ~=+Analysis ~=+Analysis ~=+Analysis ~=+Analysis ~=+Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 31 March 2025:
Tangible assets 6,588 ~~-~~ 6,588
Current assets/(liabilities) 445,099 73,938 519,037
451,687 73,938 525,625

21 ~=+Analysis of net assets between funds

~~-~~ 18 ~~-~~

SURREY INDEPENDENT LIVING CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

21 ~=+Analysis of net assets between funds

(Continued)

==> picture [461 x 110] intentionally omitted <==

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted|Restricted|Total| |funds|funds| |2024|2024|2024| |£|£|£| |At|31|March|2024:| |Tangible|assets|6,890|-|6,890| |Current|assets/(liabilities)|428,094|79,830|507,924| |434,984|79,830|514,814|

----- End of picture text -----

22 ~+Related party transactions

There were no disclosable related party transactions during the year (2024 ~~-~~ none) ~~.~~

23 Ultimate controlling party

The charity is controlled by the trustees ~~.~~

24 Of ~~f-~~ balance sheet activities

The charity holds money off the balance sheet on behalf of carers and young carers. The balance as at 31 March 2025 was £190,432 (2024: £183,730). These funds are held in separate designated bank accounts.

==> picture [488 x 235] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |25|Cash|generated|from|operations|2025|2024| |£|£| |Surplus|for|the|year|10,811|523| |Adjustments|for:| |Investment|income|recognised|in|statement|of financial|activities|(4,791)|(4,212)| |Loss/(gain)|on|investments|1,301|(14,938)| |Depreciation|and|impairment|of tangible|fixed|assets|4,490|3,728| |Movements|in|working|capital:| |(Increase)|in|debtors|(41,040)|(1,938)| |Increase|in|creditors|1,108|12,066| |(Decrease)|in|deferred|income|-|(10,419)| |Cash|absorbed|by|operations|(28,121)|(15,190)| |26|=|Analysis|of changes|in|net funds|

----- End of picture text -----

The charity had no material debt during the year.

~~-~~ 19 ~~-~~