TENDRING ELDERCARE Charity Number 1155441 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024
TENDRING ELDERCARE CONTENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Legal and administrative Trustee's annual report 24 Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements 8-11
TENDRING ELDERCARE LEGAL AND ADMIIYISTIL4TIVE INFORMATION FOR THE YEIIR ENDED 31 MARCH 2024 Charity number 1155441 Registered office Ila Stephenson Road Clacton-on-sea C015 4XA Trustees Christine Hurling Mark Platt Chairnlan Edward Bell Bankers Caf Bank Ltd Kings Hill West Mailing Kent ME19 4JQ
TENDRING ELDERCARE Tendring Eldercare- Chalmian's Report Firstly, l am delighted to share that, for the first time since the COVID-19 pandemic, our annual accounts have been successfully published to the Charity Commission ahead of the deadline. This achievement marks a significant milestone for us and reflects the rigorous financial and accounting procedures we have implemented to ensure a stable and secure future. A key part of this transformation has been the introduction of a new di8itsl accounting system, implemented with the guidance of our new accountant. We are deeply grateful for their expertise and ongoing support, which has not only helped us streamline our financial operations but also provided the clarity and security needed to plan for the future confidently. The financial year 2023-24 has been a positive one for Tendring Eldercare. We have expanded our team of dedicated and compassionate carers, ensuring we continue to deliver the highest quality of care to those who rely on us. Additionally, we have fully settled into our new home on Stephenson Road, with the majority of renovation work now complete. This move has equipped us with a modern, funttional space that enables us to provide a safe and welcoming environment for our clients. Respite care remains at the very heart of our mission. By offering a safe, protective space, we not only enhance the mental and physical wellbeing of our clients but also provide crucial support to their families and carers. Our services offer them a much-needed break, helping to ease the strain and prevent the emotional toll that can often accompany caregiving. This past year, we have fostered valuable relationships with external organisatlons, working together to address the needs of our community. Collaboration is key to our success, and we are committed to buildin8 even stronger partnerships in the coming years. I would like to take this opportunity to acknowledge the extraordinary efforts of our dedicated carers and highlight two individuals in particular: Laura Marston, our CEO, and Christine Hurling, one of our Trustees and our activities coordinator. Their tireless work and unwavering commitment have gone above and beyond their roles, ensuring that the charity remains Strong and resilient. Without thelr support, I truly believe we would not be in the positive position we are today. Looking ahead, we are excited about the future. Over the next few years, we plan to introduce new services that build on our core values and extend our impact. In reflecting on the past 40 years of Tendring Eldercare, I have had the privilege of exploring our history and identifying projects that we may be able to reintroduce to further enrich our offerings. To our supporter5, thank you for standing with us. Your contributions and shared sense of community are vit31 to everything we do. Together, we will continue to embody the spirit of "Care in the Community." Edward Bell Chairman Tendring Eldercare
OurPur ose and Activities Our purwse remains consistent with the aims outlined ftn our constitution, V¥hich include: To relieve elderly residents in Tendring who are in need by providing services or facilities designed to address their specific needs. To preserve and protect the health of carers of elderly people by offering a reliable respite service. To alleviate financial hardship, poor health, or sickness among elderly individuals. Tendring Eldercare is dedicated to supporting elderly residents and their families across the district of Tendring. Our services are designed to provide both we and respite, ensuring a higher quality of life for those in n¢¢d. We operate an Eldercare Day Centre five days a week, based in Clacton-on-sea. To make our services accessibl¢, we run a transport service that collects residents from across the district and brings them to our centre. Onc¢ with us, they experience a full day of activities designed to stimulate their minds, promote physical activity, and ¢nhan¢¢ their overall wellbeing. Our care staff ar¢ all fully qualified and work under the guidance of our highly experienced carers, ensuring each client's individual needs are met with professionalism and compassion. The Day Centre provides a range of services, including: A nutritious two-course meal Entertainment and engaging activities Shower facilities A¢¢ess to professional chiropody services Hairdressing services Our facilities ar¢ tsilored to offer not only exceptional car¢ but also comfort and dignity. Our core objective is to maintain the wellbeing of our clients while giving their families the essential respite they deserve, ensuring that both clienis and carers feel supported and valued. Achievements And Perforniance We have found that our Day Centre and the services it provides make a huge dIffenCe to the residents of Tendring and their families. As our services continue, we find we are a servi¢¢ which is needed, and we strive to enhance our offerings and add further services. These services we provide work in tandem with many other organisation5 to maintsin a conununity spirit. Financial Review At thc end of this financial period, we have had a total income of £186,953 and an expenditure of £165,044.
Investment Powers And Poli Tendring Eldercare curr¢ntly have no inv¢stments however this is something the Board of Trustees would consider in the future should the occasion arise. Reserves Poli & Goin Concern Our reserves policy is to ty to hold 6 months of monthly running costs. We estimate this amount to be £90,000. These reserves are designed to be used in the event that the charity needs them to continue the day to day running of the charity. Plans For Future Periods At Tendring Eldercare we continue to hold a long terni plan to purchase our own premises which we can use to extend the services we offer in our Day Centre. If we were to have our own premises, we will be able to provide our services during the evenings and weekend and dramatlcally change the way we provide care to the community. Investment Powers & Polic The CIO has power to do anvthing which is calculated to further its object(s) or is conducive or incidental to doing so. In particular, the CIO'S powers include power to: l. borrow money and to charge the whole or any part of its property as security for the repayment of the money borrowed. The CIO must comply as appropriate with sections 124 and 125 of the Charittes Act 20I l if it wishes to mortgage land; 2. buy, take on lease or in exchange. hire or otherwise acquire any property and to maintain and equip it for use. sell, lease or otherwise dispose of all or any part of the property belonging to the CIO. In exercising this power, the CIO must comply as appropriate with sections 117 and 119-123 of the Charities Act 2011; employ and remunerate such statT as are necessary for carrying out the work of the CIO. The CIO may employ or remunerate a charity tnistee only to the extent that it is permitted to do so by clause 6 (Benefits and payments to charity trustees and connected persons) and provided it complies wilh the conditions of those clauses: 5. deposit or invest funds, employ a professional fund-manager, and arrange for the investments or other property of the CIO to be held in the name of a nominee, in the same manner and subject to the same conditions as the trustccs of a trust are perniitted tr) do by the Trustee Act 2000. We do not currently have any money invested anywher¢. Polic For Senior Staff Our principles are to pav our staff a fair wage that is competitive within the charity sector, proportionate to the complexity of cach role, and responsible in line with our charitable objectives. Risk Mana ement The trustees have a risk management strategy which is owned by them and is now an agenda item at each board meeting
TENDRING ELDERCARE INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 l T¢POrt on the accounts of Tendring Eldercare for the year ended 31 March 2024 which are set out on pages 7 to 12. Res ectivc res onsibilities of trustees and examiner The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year (under section 144 (2) of the Charities Act 2011 (The Act) but that an independent examination is needed. It is my responsibility to: Examine the accounts under section 145 of the Charities Ac( To follow the pro¢edur¢s laid down in the General Directions given by th¢ Charity. Commissioners (under section 145(5Xb) of the Charities ACL and To stat¢ whether any matters have come to my attention. Basis of Inde endent Examiner's Statement My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those OrdS. It also includes considerations of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, I do not express an audit opinion on the view given by the accounts. Ind¢ cndent examiner's statement In the course of my examination. no material matters have come to my attention which gives me cause to believe that in any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records. or th¢ accounts did not comply with the applicable requirements concerning the fomi and content of the accounts set out in the Charities (Accounts and Rew)rts) Regulations 2008 othcr than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent ¢xamination. I have come across no other matters in connection with the examination to which attention should bc drawn in this report in order to enable a proper und¢r5tanding of the accounts to be reach¢d. Nadia Rayner Date .27.11.24....................................
TENDRING ELDERCARE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Unrestricted Funds 2024 Restrlrted Funds 2024 Totsl Funds 2023 Totsl Funds Note Donations & legacies 1690 1690 7080 Other income 43670 43670 39989 Sale of Leasehold 67575 67575 Day Centr¢ ECC 69018 69018 54668 Grants 5000 5000 4000 Total incoming resources 186953 186953 105737 Charitable activity Cost of raising funds 164993 51 164993 51 119487 Total expenditure 165044 165044 119487 Net income for the year Total funds blfornvard 10 Total funds clf 10 Notes on pages 9 to I l are part of these accounts
TENDRING ELDERCARE BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Fixed Assets Tangible Assets 10 7721 6725 Current Assets Other Debtors Debtors Cash at Bank & In hand 263 2720 5650 263 904 8633 1167 Current Liabilities Creditors Trade Creditors Taxes Accruals Other Creditors 30461 14951 34728 7115 48902 8987 34228 Total current liabilities 87255 92117 Non current Liabilities Long terni loans 56965 65550 Net current assets (78622) (90950) Total assets less total liabilities Funds Unrestricted funds Restricted funds (128057) (149966) The trustees declare that they have approved the accounts above. Signed Date oi Edward Bell Chair
TENDRING ELDERCARE NOTES TO THE FII¥ANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting Policies Basis of the preparntion of the accounts The flnancial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement on Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting SLqndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Cash flow The linancial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under Financial Reporting Standard I "Cash flow statements" Incoming resources All material incoming resources have been included on a r¢c¢ivable basis. Donations and gifts are included in the statement of financial activities. All grants are recognised as income within the period covered by these accounts. Resources expended. All expenditure is accounted for on an accrual basis. All expenditure has been analysed using a natural classification. Tangible fixed assets Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following rates: Minibus Fixtures & equipment 250/0 reducing balance 150/0 reducing balance depreciation has been allocated for this fllwicial year Fund accounting Unrestricted funds 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 puOseS. 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 M'hich have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
TENDRING ELDERCARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31 MARCH 2024 Going concern The charity is operating on a going concern basis. but this is only depcndant on the good will of the trustees and other partics ongoing fmancial SUprt unrestricted funds restricted funds total 2024 total 2023 2:Donations & legacies Donations & Legacies Grants Charitable activity Sale of Leasehold Total 1690 5000 43670 67575 1690 5000 43670 67575 7080 4000 94657 3:Day Centre Income Essex county council Total 69018 69018 54668 4:ExpendAture on charitable activity Food & catering Staff costs Consultancy fees Training & other staff costs Respite care Rent Light & heating Repairs & renewals Insurance Motor & travelling expenses Accountancy fees Communication & IT Other office expenses Depreciation and impairment Advertising Other expenses Loss on disposal of asset Bad debts 7905 65868 24000 852 7905 65868 24000 852 8679 39010 24000 590 20432 5439 18415 2558 4955 3201 1848 1843 1843 2782 3052 20432 5439 18415 2558 4955 3201 1848 1843 1843 2782 3052 11216 14830 578 6642 2217 1265 290 1828 1598 6744
TENDRING ELDERCARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 5. Employees 2024 2023 Wages and salaries Social security costs Total 65868 39010 No staff received emoluments of more than £60,000 6. Debtors Trade debtors Prepayments Other debtors 2720 263 263 7. Creditors Trade creditors Other taxes and social security Costs Accruals Other Creditors 30461 14951 34728 64080 48902 8987 34228 65550 8. Related parties Please see note 9 for further loans and related parties. 9 Loans 2023-24 2022-23 Graham & Lesley Bell Jcan Allen Other 35000 22369 250 57919 35000 30300 250 65850
TENDRING ELDERCARE NOTES TO THE FINANCIAL STATEMENfs FOR THE YEAR EIYDED 31 MARCH 2024 Asat IApr 2023 Incoming Outgoing Transfer Asat 31 March 2024 10. Movement in fund5 Restricted funds Respite ce 191 191 Total restricled fuods Unrestrieted lld5 Unrestricted funds {149966) (12805D Total unrestrKcted funds Total funds (149775) (127866) I l. Tangible fixed assets F&F Total Cost 1st April 2023 7936 42916 50852 Additions Disposals 2839 2839 3 1st March 2024 10775 42916 53691 Depreciation 1st April 2023 5297 38830 44127 Charge for the period 31 st March 2024 822 1021 1843 Net Book Value 31 st March 2024 1st April 2023 4656 2639 3065 4086 7721 8553