TENDER NURSING CARE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Charity registration number 1154186
Company registration number 08705807 (England and Wales)
TENDER NURSING CARE
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr D J Sherliker |
|---|---|
| Dr A H Allister | |
| Ms H A Bell | |
| Dr K A Bracewell | |
| Mr D G Clayton | |
| Mr M A Dickinson | |
| Mr J E Wareing | |
| Mr D J Bretherton | |
| Secretary | Mr D J Sherliker |
| Charity number (England and Wales) | 1154186 |
| Company number | 08705807 |
| Registered office | Ryan Medical Centre |
| St Mary's Road | |
| Bamber Brdige | |
| Preston | |
| Lancashire | |
| PR5 6TE | |
| Independent examiner | Champion TLL Limited |
| 7-9 Station Road | |
| Hesketh Bank | |
| Preston | |
| Lancashire | |
| PR4 6SN |
TENDER NURSING CARE
CONTENTS
| Page | |
|---|---|
| Trustees report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 13 |
TENDER NURSING CARE
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
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 governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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)".
Objectives and activities
The object of the Charity, as specified in the Memorandum and Articles of Association, is to promote the relief of persons within the area of benefit (the City of Preston and the Boroughs of Chorley and South Ribble and surrounding districts) who are suffering from life-limiting conditions, by providing domiciliary care in addition to that provided by the NHS or Local authorities. The Charity provides free care at home, typically between the hours of 10.00pm/7.00am, with the object of preventing the relatives/friends who act as carers from becoming overtired and leading to an inability to continue to care for the patient during the day. By enabling more terminally ill patients to be cared for at home, there is a reduction in demand for hospital/hospice places. We also enable the wishes of so many terminally ill patients, to be cared for in their last days by their loved ones, to be met. There have been no changes in policy during the year and due regard has been paid by the Trustees to the guidance issued by the Charity Commission on public benefit.
Service
TNC is a Domiciliary Care Agency registered with the Charity Commission and regulated by the Care Quality Commission (CQC). The CQC made their last inspection in January/February 2016 and rated our service as 'Good'. The Trustees and Directors are ultimately responsible for TNC's services but the Registered Manager (who reports to the Chairman) is responsible for the day to day operation of the Charity's services.
TNC provides care for our service users using a small team of Registered Nurses and Health Care Assistants qualified to NVQ Level 2/3 in Care and our staff are allocated based on user's needs. All of our staff undergo continuous learning to ensure they maintain and enhance their skills as appropriate.
Potential service users are typically referred to TNC via Medical Practitioners/District Nurses or Hospitals or Hospices and from early 2018 we have also accepted a small number of direct referrals which have been assessed by our Registered Manager who is also a Registered Nurse. TNC typically provides care through overnight visits. The level of visits we can deliver is influenced by the number of referrals we receive and is also constrained by our budget and staffing levels. TNC operates a regime of quality assurance for our service users and their families which includes regular Quality of Service calls/visits by the Registered Manager and periodic Quality of Service visits by one of the Trustees who is a retired GP.
Public benefit
The Trustees have considered the Charity Commission guidance regarding public benefit and are content that the Charity has met the requirements as described above.
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TENDER NURSING CARE
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
Significant activities and achievements against objectives
Tender Nursing Care (TNC) is a small local Charity founded in 1979 by a local GP to provide quality care, mainly overnight, to people in our local community with life limiting conditions in their own homes, and free at the point of delivery.
TNC is governed by a Board of Trustees, and we deliver our care services through a small team of experienced and highly professional healthcare staff under the leadership of our Registered Manager, who reports to the Chairman of Trustees.
Our key objective in 2024/25 remained to deliver high quality professional care and to deliver as many client visits in the year as our finances could support sustainably.
Demand for our services from the local community continued to be high during the year, and we have once more been unable to admit potential clients referred to us because we continue to operate at or near the limits of our currently fundable staff capacity levels.
During the year some 29% of the total budgeted expenditure on our service was funded by a Grant from our NHS ICB. The rest of our budgeted expenditure, mainly on client visits, was funded by money we raised through own sources. Since 2018 our budgeted annual expenditure has risen by about 30% due to inflation/cost of living increases and increase in National Insurance cost as the majority of our expenditure goes on staff wages. Unfortunately, over the same period our NHS Grant has increased by less than 3%.
Thanks to the continued generosity of local businesses and individuals, and our other fund-raising efforts, we were able to achieve fund-raising income slightly above our budget and therefore to maintain the level of delivery of client visits.
Thanks to the efforts of our fundraising team of Trustees and dedicated volunteers our fundraising efforts in the year continued to be healthy. Our income from donations from local businesses.
We believe TNC is a cost-effective charity with minimal financial overheads compared to other organisations providing equivalent care. To date we have been able to absorb the year on year increases in our employment costs by drawing on our own fund-raising efforts - but we are now operating at or around the point where we cannot continue to increase our income sustainably without a significant increase in our NHS Grant. We have already discussed this issue with the NHS over recent years and will continue to discuss this possibility with Lancs & South Cumbria ICB in the coming financial year.
On the operational front, our staff have continued to deliver high quality care and support to our clients in our local community with life-limiting conditions and their families.
The Trustees continue to be immensely grateful to all of those in our local community who support our work financially by helping us to raise funds to continue to provide care, and to our staff for all the dedicated, professional and personal care they continue provide for our clients and their families.
Mark Dickinson Chairman of Trustees August 2025
Financial review
Funding included grants from the local Clinical Commissioning Groups amounting to £99,017, these arrangements are reviewed annually. In addition, TNC also receives funding for a specific service user under an arrangement originated via Social Services. Other funding comes from fund-raising activities, investments and where necessary from reserves. The investment powers, as specified in the Memorandum and Articles of Association, continue to be used and the Investment Policy/Strategy was revised in accordance with Charity Commission guidelines.
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TENDER NURSING CARE
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Reserves policy
Charities are required to hold reserves to ensure sustainability and that future costs can be met in the event of a decrease in incoming resources. The Trustees have a reserves policy of holding sufficient funds to cover costs for eighteen months, in the event that key funding ceased, allowing sufficient time to seek new income sources whilst allowing services and costs to continue. This would equate to around £200,000 - £300,000 depending on the level of activity from year to year. Due to a number of generous donations over the years, the Charity has reserves in line with the policy (see Balance Sheet funds) and has invested the majority of its funds in long-term investments to ensure a suitable return. The year end balance of cash held in shorter-term accounts amounted to £163,959 at the year end, just below the reserves target level.
The general fund balance is £250,000 after designating amount for subsidised visits as shown in the note to the accounts.
Investment policy
Investment policy
The Trustees are responsible for the investment of any surplus funds of the Charity. As such funds may be required for immediate use or use in the near future, the Trustees continue to review various interest bearing, instant access and term deposit accounts in which to place such monies.
Major risks
Risk management
Major risks to which the Charity is exposed, as identified by the Directors, have been reviewed in accordance with Charity Commission Guidelines
Policies and systems have been established, where appropriate, to mitigate those risks. There were no serious incidents during the year under review.
Structure, governance and management
The charity is a company limited by guarantee as defined by the Companies Act 2006.
Mr D J Sherliker Dr A H Allister Ms H A Bell Dr K A Bracewell Mr D G Clayton Mr M A Dickinson Mr J E Wareing Mr D J Bretherton
The trustees report was approved by the Board of Trustees.
.............................. Mr D G Clayton
Trustee
Date: .............................................
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TENDER NURSING CARE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TENDER NURSING CARE
I report to the trustees on my examination of the financial statements of Tender Nursing Care (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 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 the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
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4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Champion TLL Limited
P Buck FCA DChA 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN Date: ............................
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TENDER NURSING CARE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Income from: | |||
| Donations and legacies | 3 | 44,498 | 31,042 |
| Charitable activities | 4 | 99,017 | 111,952 |
| Other trading activities | 5 | 13,599 | 23,581 |
| Investments | 6 | 28,354 | 26,957 |
| Total income | 185,468 | 193,532 | |
| Expenditure on: | |||
| Raising funds | 7 | 2,565 | 2,322 |
| Charitable activities | 8 | 207,594 | 205,969 |
| Total expenditure | 210,159 | 208,291 | |
| Net gains/(losses) on investments | 12 | (22,604) | (14,192) |
| Net expenditure and movement in funds | (47,295) | (28,951) | |
| Reconciliation of funds: | |||
| Fund balances at 1 April 2024 | 706,370 | 735,321 | |
| Fund balances at 31 March 2025 | 659,075 | 706,370 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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TENDER NURSING CARE
BALANCE SHEET
AS AT 31 MARCH 2025
| Notes Fixed assets Investments 14 Current assets Debtors 15 Cash at bank and in hand Creditors: amounts falling due within one year 16 Net current assets Total assets less current liabilities Income funds Unrestricted funds General unrestricted funds Subsidised visits fund |
2025 £ 12,292 163,959 176,251 (1,807) 250,000 409,075 |
£ 484,631 174,444 659,075 659,075 659,075 |
2024 £ 23,414 177,408 200,822 (1,687) 250,000 456,370 |
£ 507,235 199,135 |
|---|---|---|---|---|
| 706,370 | ||||
| 706,370 | ||||
| 706,370 |
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 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for 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 small companies regime.
The financial statements were approved by the Trustees on .........................
..............................
Mr D G Clayton
Trustee
Company registration number 08705807
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TENDER NURSING CARE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
Tender Nursing Care is a private company limited by guarantee incorporated in England and Wales. The registered office is Ryan Medical Centre, St Mary's Road, Bamber Brdige, Preston, Lancashire, PR5 6TE.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, 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 charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
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 £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
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. Thus 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.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
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. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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TENDER NURSING CARE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Fixed asset investments
Fixed 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/(expenditure) for the year. Transaction costs are expensed as incurred.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.7 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 Donations and legacies
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Donations and gifts | 44,498 | 31,042 |
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TENDER NURSING CARE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
4 Income from charitable activities
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Provision of domiciliary care | |||
| Services provided under contract | 99,017 | 111,952 | |
| 5 | Income from other trading activities | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fundraising events | 8,330 | 18,019 | |
| Sponsorships and social lotteries | 5,269 | 5,562 | |
| Other trading activities | 13,599 | 23,581 | |
| 6 | Income from investments | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Income from listed investments | 20,950 | 24,816 | |
| Interest receivable | 7,404 | 2,141 | |
| 28,354 | 26,957 | ||
| 7 | Expenditure on raising funds | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fundraising and publicity | |||
| Membership schemes and social lotteries | 1,890 | 2,100 | |
| Other fundraising costs | 675 | 222 | |
| 2,565 | 2,322 |
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TENDER NURSING CARE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
8 Expenditure on charitable activities
| Provision of | Provision of | |
|---|---|---|
| domiciliary | domiciliary | |
| care | care | |
| 2025 | 2024 | |
| £ | £ | |
| Direct costs | ||
| Staff costs | 179,205 | 174,501 |
| Insurance | 4,018 | 7,667 |
| Telephone | 90 | 72 |
| Postage and stationery | 180 | 353 |
| Sundry expenses | 2,233 | 1,536 |
| Secretarial wages | 12,835 | 14,858 |
| Uniforms and cleaning | - | 313 |
| Training | 432 | 2,355 |
| Accountancy fees | 1,506 | 1,386 |
| Payroll fees | 1,906 | 1,845 |
| Legal and professional fees | 4,633 | 600 |
| Bank charges | 218 | 173 |
| Repairs | 338 | 310 |
| 207,594 | 205,969 | |
| Analysis by fund | ||
| Unrestricted funds | 207,594 | 205,969 |
10 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
11 Employees
The average monthly number of employees during the year was:
| Nursing services Management and administration Total |
2025 Number 10 1 11 |
2024 Number 11 1 |
|---|---|---|
| 12 |
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TENDER NURSING CARE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 11 Employees Employment costs Wages and salaries Other pension costs |
(Continued) 2025 2024 £ £ 172,782 168,271 6,423 6,230 179,205 174,501 |
(Continued) 2025 2024 £ £ 172,782 168,271 6,423 6,230 179,205 174,501 |
|---|---|---|
| 174,501 |
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
12 Gains and losses on investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| Gains/(losses) arising on: | £ | £ |
| Revaluation of investments | (22,604) | (14,192) |
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
14 Fixed asset investments
| Unlisted | |
|---|---|
| investments | |
| £ | |
| Cost or valuation | |
| At 1 April 2024 & 31 March 2025 | 507,235 |
| Impairment | |
| At 1 April 2024 | - |
| Impairment losses | 22,604 |
| At 31 March 2025 | 22,604 |
| Carrying amount | |
| At 31 March 2025 | 484,631 |
| At 31 March 2024 | 507,235 |
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TENDER NURSING CARE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 15 Debtors Amounts falling due within one year: Other debtors 16 Creditors: amounts falling due within one year Other creditors Accruals and deferred income 17 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
2025 £ 12,292 2025 £ 301 1,506 1,807 2025 £ 6,423 |
2024 £ 23,414 |
|---|---|---|
| 2024 £ 301 1,386 |
||
| 1,687 | ||
| 2024 £ 6,230 |
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.
18 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 | Gains and | At 31 March | |
|---|---|---|---|---|---|
| 2024 | resources | expended | losses | 2025 | |
| £ | £ | £ | £ | £ | |
| General funds | 250,000 | 250,000 | |||
| Subsidised visits fund | 456,370 | 185,468 | (210,159) | (22,604) | 409,075 |
| 706,370 | 185,468 | (210,159) | (22,604) | 659,075 | |
| Previous year: | At 1 April | Incoming | Resources | Gains and | At 31 March |
| 2023 | resources | expended | losses | 2024 | |
| £ | £ | £ | £ | £ | |
| General funds | 250,000 | 250,000 | |||
| Subsidised visits fund | 485,321 | 193,532 | (208,291) | (14,192) | 456,370 |
| 735,321 | 193,532 | (208,291) | (14,192) | 706,370 |
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TENDER NURSING CARE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
19 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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