REGISTERED CHARITY NUMBER: 1155854 Report of the-I'ruslees #nd Iln%uilited Financial Statements foi. the Year F.nded 3 1st Mareh 202$ for Winehestej. & Dislrict Young CArers Shcen SiiL,kland c.hartered Accouiil8llts ? ()ticl Court OiiieLya Park. Alioii Hainpshire GlJ.34 ?I'T
Winchester & Distriet Young Carers Contents of the Financial Stalemenls for the Year Ended 31si March 202.5 Page Report of the Trustees Independent Examiner's Report St•tement of Financial Activities B*lan¢e Sheet Note$ to the b'inAncial Statements 10 to 14 Detalled Stalemtnt of FinAnciAI Activities
Winthester & District Young Cftrers Report of the Trustees ror the Year Ended 31 st March 202.% The trustees present their report with the fii)an¢ial slateinents of the charity for the year ¢nded 31 st March 2025. Th¢ trustees have adopted the provi.sions of Accounting and Reporting by C'harities.- Statement of Re¢ommet7ded Practice applicable to charilies preparing their accounis in accordance with the Financial Reponing Standard applicable in Ihe UK and Republic of Ireland IFRS 10?) Icffcclive l January ?0191. OBJECTIVES AND ACTIVITIES Objectives and aims The purpose of Winchester & District Young Carers. as set out in the gyoi'erning document is.. To preserve and protect the health and rel ievc the needs of young carers caring for a family member who has a long-lerm illness. disability or addie(ion lo alcohol aiidlor drugs and who live in the Winchester C"ouiicil District area by such Ineans &8 the trustees may deterniine. The impael of being a yOLing carer is profound &s children as )'ounb) &$ five take on the pi'aclical and emotional caring (hat Inosl of us only take on as adlilis. All this can pul the youngj carL'rs themselves under huge emotional and mental sli?in around 800/0 of younb> ¢arers have mental healili issues as either the primary or secondary condition relating to their caring siluation. Furtl)erinore, this deinandi17g rolc means that they are often noi able to regularly take parr in after s¢h(K)l a¢tivilies and clubs ai)d be carefree in ilie way we would waiit young p)Ple lo be. Sadly, young Carers are one of Ihe mosi invisible segments of ihe youth population and are often overlooked aiid uiisupported. We iiicel oiir pusL by providing a rangie ol. services for young carcrs and their families. In addition to one to one sessioiis. young Larei- ¢se$Sn1L1)tS aiid family assessments, we offer two distinct types of i)rogramme, with lermly starts- ali F.xploralion PrograiT)mc 1¢ lid Activities ProgFramine. Because of Ilie higFh nuniber of young carers we work with, we split thein inlo Ihi'ee grL)ups by age= l()wer, iiiiddle and iipper aiid tRilor OLII. delivery accordingyly. Our Exploration Programnie takes place 01) Wednesday eveiiings. term-iiine oiily. It offers the chance for young carer5 (lower, iiiiddle and upper groups) lo explore their caringT role. including their feelingis, the iinpacts and the illness or disability of who they LarL for. In addilion Ihese sessions support Il)eir exploration of th¢ir own identity and coping mechanisnis that work for (h¢n). Our respiie Aciivilies Programm¢ Inosily takes place duringy the school holidays. It provides an opportunily for young carers lo have some lime out froni their caring role, experiencing iiew tl)ings. developing hobbies and interests and simply hawin¥ fun. Oiganiscd activities iii 2024-5 {361 included filin Ixaking; Marwell Zoo,. fO$t school: ro¢k Climbing; water sports, jewellery niaking and music workshops. Public benefit In shapingi our objeclives for the year and planning our activities. the Trustees have considered the Charity Commission guidance on public benefil. Page I
Winchester & District Voung Carers Report of the Trustees for the Year Ended 31st Marfh 202.$ O&IEC I'IVES AND AC'fivi'i'iES Volunteers WDYC hils 19 wondcrful voluntecrs. working frontline with youn¥ people and staff. Our volunteers provide imrKTrrtant support across three main areas: emolional support. transport and evenls. Emotional SUPFX)rt'. Within the F.¥ploration Progra]nme we use activities lo help young carors identify and understand Cmotions that come up for ihein in their role as a youngl carer. Volunteers lead small groups ¢d¢h session. they build rapporl with the young people and support iheim in engagiiigi wilh ihe aciiviiies. Voltinieers Iw refle¢l oiir d¢livcry with the young Carer c(K)rdinator (gTrroup ILaderl, leeding bavk how the Session went. higlil iohiingi any salegiiarding or low-level concems, as well as gniwth from individua15. l'hey also provide ihis iype of support as part of our Aclivilies Programme. Tran5POrt'. Covering a geographically wide area. oiir volunteers provide vital transport en.8uring young car¢r5 can access our groups and activities. A significant prowrtion ()I' familic'% haw¢ no me<ins of transport and are unable io Iranspot1 the young carers io our sessions or activities themselves. This is ofteii Ihis is diie to financial constraints. disability or illness or other family liniitalions. Events: Our enthusiastic volunteers SLlPPOrt us by iiianning stands proinoling the charity ai differeni evcnls such as fates, Loll¢¢iion days in shops, colTee moi'ningys aiid L()nLerts. I'lii% is vital 10 raise awareness and visibility in the local Lommunity, Lncourage spons()rs, donations. voluiil¢erii)gi opporiuniiies and 5howcasinsy how our charity supports young LarLrs l(Kally.
Winehester & District Young Carers Report of Ihe Trustees for the YeAr Ended 318t Mareh 2025 ACHJEVEMKNTS AND PERFORMANCE Achievements and performAnce In 20241?.%. we worked wilh over 120 young carers from the age of 8 lo 18. Demand for our servicc5 is at an a][ time high, in part due to the large size of our catcliment area and al because- i. the ne¢ds of young carers are increasingly recognised by Ihe goveriiiiie17t IDfEI and Dame Rachel Mary de Sousa DBE who is the Children's Commissioner for Engldnd ii. we can work in partn¢rship with local schools, Lotninunily chariiies. fainilies and iii. we are an active niember of I-IYCA {Hamp5hii'e Youiig C_'arers Alliance). which means that we share infomiation with other local young carers organisalioiis. We do our best to meet local needs through our e¥cellenl staff-. three part-tinie and one full-lime young carer Coordinators with youth work and s()cial work qualifi¢Rtioi)s and an e.xperienced manager. We were pleased lo recniit one young carer coordinator with a social work background this year. All staff receive regular and individual coaching from our manager, and we have invested in six-weekly sessions of cxlernal clinical supervision, where siaff share and learn from their experi¢nLCS of working with young people and their families, facilitsled by a registered clinical Supeis0r and therapist, wirh experiei)ce of working wilh young people. Staff report that they value this CPD because il helps them lo reflect and develop their practice. We regularly measurc Ihc impact of our work Ihrough lennly assessi)ients with our young ¢arers attending both the Exploration and Aciivities Programmes. F.xploration'. ?5 young carers Lompleted a questionnairc al the end ot spring terni with all 25 agreeing or strongly agTre¢ing thai l understaiid the illness or disabil ily of thi, pers()n I carc fur- 22 agreeing or strongly agreeing that I know what Iny wellnes5 t£15 a and how 10 Use ihem. Activities.. Young carers w¢re asked to describe their experience of being a part of Winchester and District Young Carers in .3 words, below are a few dii'eci qLsoies'. run, helpful, supporting AMli1g be yourself Comforting, social. Lalm Fuiiny, friendly, inclusive. We also receive feedback from parents: "WDYC have provided support for my child when things at home have been he¢ii¢. T'hey have been able to support and talk to my child in a safe aiid happy eiivironm¢iii" Other notable achievenients in ?0241?5'. visit from Japan WDYC has a loiig standing relaiionship with a group of professors and new young carer organisalions in Japan. During the autumn visit the delegation focused on the Exploration Programme. visiting local schools aiid interviewing 5tsff and young adult carers. Sharinsy experience internaiionally is both use1 in lernis of staff professional developmeiil. sharii)g g)ood practice and rewarding. RLalising the benefits of ¢ontraclingi with an experienLLd bid writer, who increased our income by £138,926. Increasin¥ oiir reach with loLal corporale organi5alioiis and supporters. wliich is hugiely valuable in lemis of additional income and PR. Several ainazing fund raising ei'ents in¢ludinb'.' orgw)ising a sell-out coffee moming> at Rick Stein'5 restauranl in Winche51er. whi¢h raised £785 and a leLlure presented by kit Power oil 'The Exploils of Three Reniarkable Victorian Steam Yachts, whicli raised over £2,000. Working witl) Winehester Rotary to dcliver 30 Christinas Hampe lo young carers families who are exceptionally disadvantaged. FINANCIAL REVIF.W PrincipAI funding sources Winchester & Districi Young Carcrs is funded across a number of sources. Funds are received from local councils, individual donors, local businesse£ and organisations. We would like to express a big thAnk you lo all who fund us and donate lo us. Page 3
Winchester & District Young Carers Report of the Trustees for the Year Ended 31st March 202.$ FINANCIAL REVIEW Reserves wlicy The Trusl's policy is to generate sutficienl funds lo Cover expenditure each ycar. At the year end Ihe unreslricled reserves balance was £209,923 (2024: £250,418). The reserves should provide for twelve months cL)ntinuity aiid as such 15 calciilated as the cxpeLted expenditure over the next twelve months. The Trustees are confideni that at the current level ol. reserves thc ciirrl'nt aLtivities Of the charity can continue. £50,000 surplus for the year have beei) transfeiTed lo two designated funds. £30,000 is for the 18-?5 progranime which the Trusiees have reLeiiily esiablished support young adult carers wiihii) the arca. Whilst £?O.000 has been transferred io a designated staff fund, whiLII is t() providL fuiiding for grroil'iiig stdftii)g costs. FUTURE PLANS WDYC has a 5-year strategic plan and ncw annual development plan. Looking ahead we will be.. i I Working to include Inore on supporting ihe Inentdl health ol'young Larcrs tlirou&yh the F.xploralion Programme. ii) Further developing positive relaiionsliips with local orgyanisalions and eniployers. We are dclighied that Steel and Sons, F uneral Directors have made WDYC their charilv of IhL yLar iii ?0?5. Some ol- Il)¢ major benefi15 for Ih¢' ¢hariiy are bcing able lo use their comf()rtable and well-loLaled preiiiises lor Ine¢tings ai)d ¢vents and additional income raised Ihrough besp()kL a¢livilie.% eg quiz nibhts and doiiaii(Ins. iii I Cr¢aiinsF a niw programmc 10 SUPPOrt ()Id¢r yolingi carers. ie younb> aduli carers. This is a significant undertaking as there is nothing similar in Hainpshire. W¢ need 10 start biddinby for funds so WL Lan creale a i)ew rolc and progvramnie 10 m¢el what we have alr¢ady idenliticd a5 a necdlbyap iii provision. iv) Working lo develop ali eifeclive, lerinly Parenl Prograiniiie. WDYC takes a w,holislic approacli lo support and has idenlified the need to belter sUPPQrt pareiils and lamilies, filliiig giaps in provisiun a¢iDs5 the community. Trustees wholly siipport the Inanager and ihese ambiiion%. OnL l)f girealesl concei'ns 15 incoiiie geiiLf¢ltiOll dnd managing expenditure against expeLtalions. The Lhair meet% with ihe nianager every lortnigTht for d light-touch check-in and we have scheduled regular meeting8 ol the treasurer. Inanug>er and ¢hair lo review inL()nie and expenditure. Previous finaneial infonnation has not always iiiade clear llow restricied income is managved and donalion8 and bid income is recorded. J'ruslees havc iiiadL this Ll¢iriiy a prioi'iiy dnd our dL¢()Ullts need 10 clearly show tl)ese aspeLlS. The r¢cruitn)enl and sucLess ol- a c()nlra¢led bid wriier. and pro¥?ran)m¢ of fund r<iisin4y eveiils lia8 providLd sunie assurance of financial stability. Lasi year two Iruslees $ld dowii. We updaied our recruitniei)I materials and wcre successful in aiiractinq two new Iruslees a seiiior manager and ex-teacher. It is Dur aim lo recruii an additional Irusiee and we are pan way 10 achieving this. Looking al our truslec skills Inix, this person brings signi ficanl cxperience of working in a large, naiional charity. As trustees. we recognise that our slaff team are Lritical lo aLhieviiig the rharily's purpose and we recogmise iheir skills nd conimilment (we asked the manager lo do R local salary con)parison aLross Hampshire lo confirni that we were paying realistic rules, which found that we dre). We are very aware of the lack of Services for oldLr young carers and support Ihe developineni of d new progFramme calcring for ihis group. alihoLlg?h we are clear that we need lo see incomL coming in, feedback from the target g?roup and an outline programme before we can launch a new service. srRucfuRF., COVF.RNANCF. AND MANAGb'MF.NT Governing doeument The charity is controlled by its goveming doeument. a deed of trLlSt and constiluies an uninc4)rporaled charity. The charity is contr()Iled by ils goveming document, the Declaration of Trust dated 19th I'cbruary ?014 and consiitute an unincorpordted chartty. Pagie 4
Winchester & District Young Carers Report of the Trustees for the Year Ended 31st March 2025 STRUCTIIRE, GOVLRNANCE AND MANAGEMENT Recruitment and appointment of new trnst¢¢s We currenily have a board of six Irustees and one in progress of joiniiig us. We have found thht advertising for trustees Ihrough local communily websites is very effective. We updaled our trustee application resources in 2024 - job role. Irustee iiilormation. reference form. With referL'nce to skills gaps, we have discussed advertising for a ttw.slee with HR experience going forward. One of the most challeng?ing roles to fill has been treasurer Iruslee. perhaps because of the Centrality of this role lo the funeiioning of the charity and the associated time commitment. We intend to update the role specification summer 2025. The trustee board nieets six limes a year, with our AGM being held in November. We linked the 2024 AGM with our 25th anniversary celebrations, providing an overview of the charilies acliievements over the lasi 25 years. Back to the early 1990s, when there was no support tor young carers, eithcr nationally or locally. Two things heralded in significant change: il Hampshire County Council IHC.Cl conimissioned a report of young carers in Winehesler and askL.d relevant agencies lo support them and, ii) in 1995, Jenny Frdnk MBE, published a seminal book 'Couldn't Care More,, which loi)ked al the needs of young carL'rs. As a LonscquenLe. and with the support of HCC, the (.'hildren's Society and Jenny Franks MBE, Winchester & District I'oung Carers was established in 1999, one of the first in the country. A presentation session and refreshments before the ACJM. and launcli of our first Annual Impaci Report. enabled trustees and slaff lo present Ihe slory ot oui. heritagyc to an invited audiciicc 16.f guests). iiicluding, the Lord Mayor, previous managers, ¢orporalc doner5. truslee cliairs and young carers. Decision making The Trustees delegalL day-lo-day nianageiiient lo the manager and Iheir team. Risk mmnagemenl ThL Iruslees meet frequently throughout the year and review poliLiLS and creating systems to mitigate the impa¢1 of key risks. l-lie risk regFi8ier is reviewed at each Irustees iiieetiii&'. RF,FERENCE AND ADMINISI'RATIVE DETAILS Regi5t¢red Charily number 1155854 Principal Address Unit l? Wiiinall Valley Road Winchester Hainpshire S023 OLD Trustees Matthew Bee Jan Ellis Tim Reid (appointed 1.5.24) Siobhan Pearee John Wcbb Penelope Power Gerald Billington Page fj
Winchester & District Young C4rers Report of the Trustees for the Year Ended 31st Mareh 202.$ REFERENCE AND ADMINISTRATIVE DETAII Independent F.xaminer D A Sanders l-.CA Sheen Siickland Chartered Accountants 2 Oriel Couri Omega Park Alton Hampshirc GU34 2YT Approved by order of the board ofirustees on .... nd signed on its behaifby: Jan Trusiee Pa¥ye 6
Independent Examiner's Report to the Trustees of Winchester & District Young Carers Independent e¥aminer's report to the trustees of Winehester & District Young Carers I report to the charity trustces on my exatnination of the accounts of Winchester & Disiricl Young Carers (the Ttwst) for the year ended 31 st March ?025. RespoDsibilities basis of report As tho Lharity Irustees of the Trust you are responsible for the preparation of the accounts in accordance with th¢ requireiiienls of the Charities Act 2011 I'thL Ath'i. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions gyiven by the Charity Commission under Section 145{5Mb} of the Act. Independent examiner's Stwtement I have compleled iiiy exaininalion. I confirm that no material matters have eoine to my attention in conneciion with the exRniinalion giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Seclioii 130 of the Act. or the 2Lcounts do noi aLcord wilh thosc records. or Il)e a¢¢oLtnis do noi comply with (he applicable requireinents coi)cerning the form aiid content of accounts sel Out in Ihe Charilies (Accounts and Reports) Regiulalions ?008 oiher ihan any requiremeni thai the accounts give a trlie and fair vicw which is not a maller ¢on%idered as part of ali iiidependeni exan)ination. I have no uoncems and hav¢. coine acioss iio other maller% in ¢onne¢li()n with the exaiiiinalion to which attention should be drawn in this repoi1 in order lo enablc a propel. understandiiigT of Ihc accouiils lo be reached. D A Sanders fcA Sheen Siickland Chartered Accouniants 2 Oriel (.'oiirt On)ega Park A Iton HwMp511ire GU.34 2YT Date.. .. Page 7
Winchester & District Young Carers Statement of Finaneial Activities for the Year Ended 31st Mrth 2025 2094 Llnreslricled funds Restricted fuiid Total lunds funds Notes INCOML AIYD ENDOWMLNfs FROM Donaiions and legacies 71,796 77,179 148,975 116.55.1 Investmcnt in1¢ Total 78.174 77.179 15S.353 119,29? EXPEiYDITIIRE ON ChritAble activities Charitable Aclivity 118.668 44,740 163,408 1 $9.861 NET INCOMEI(EXPENDITURE) 40.494 18,055 140,5691 RECONCILIATION OF FIINDS Tolal funds broughi forward ?.50.418 110.-33?1 ?40,086 980.6$5 T(YTAL FUNDS CARRIED F()RWARD ?09.924 ?2.107 232,031 •40.1186 The iioles form part of these financial statement5 Page 8
Winehester & District Young Carers Balanee Sheet 31st Mareh 2025 2025 Total funds 2024 Totsl funds Unr¢stri¢lLd funds Restricted fund Notcs CURREIYI. ASSETS Cash ai bank and in hand ?12,17.3 12,108 234.281 251,909 C.REDITORS Aniounts falling duc within one year 12,2fj0 } 12,2f O I 113,823) NET C'URRENT ASSL"I'S 209,9?3 22,108 232,031 240,086 TOTAI, ASSETS LESS CURREiYT LIABILITILS ?09.9?3 ?2.108 232.031 240,086 IYET ASSETS 209,92.3 22,108 232,031 240,086 FIINDS ljnreslricted tunds RestriLted fund5 209,923 22,108 250.418 110,3321 TOTAL lINDs 232.031 240,086 -l-hc financial 81 enieiils werL appioved by the Board of Tru8lee8 and auihorised for issue and were 5ig?ned on 115 behiilf by.. on Matthew Bee - Trustec an .Ilis - Trusiee The notes form part of these financial statements Page 9
Winchester & District Young C.Arers Notes to the Financial StAtements ror the l'ear Ended 31st March 2Q25 STATEM£YTOTr COMPI.IANC:E Winchesier & DislriLX Young Carers is an unincorwjrated eharity registered in England. ¢harily nuinber 155854. regislered officL is Lnii 12. Winndll Valley R()ad. Winchester. SO?3 01.D. The The financial slalemenls are presenied ii) sierling which is the functional currency of Ihc charity and rounded to the nearest pound. The reporting period is for Ihe year ended .1 I sl March 2025. ACCOUNTING POI.ICITr.S BS1$ of prepArlng th¢ IlnAn¢lAI 5tAtements The findncial siaten)enis ot. IhL' ch¢irity. which is a public benefii eniity under FRS 102. have been prepared in accordance with the C'harities SORP IPRS 1021 'AcL'ounling and Reporting, by Charities: Siateinent of Recommended Praclll¢ (ipplicable to ehai'ilies preparin¥ il)eir accounts in aiLordance with the F'indnLial R¢porting Standard applicable in the LIK and Repiiblic of Ireland IFRS 10?) lelTeciive l JanuAry 2U191', Financial R¢portinb Siandard 10? 'The Fii)anLi41 RLpiir1ing Standard applicable in Ihe UK and Republic of. Ireland, and the Charities Act 2011. The financial siaicment5 hatre been prepared under Ihe histvrical cosl Convenlion, Going concern Al the liine of approving Ihc financial siaiements. lh¢ Irusices have a rea8onablL' expcclalion that the Lharily has adequaie resources io coniinue in operaiii)nal exisleiiLe for the forc'seeablL' lulure. 'fhus (he Iwslees coiitinue to adopi Ihe goin8 ¢onccrn basis of a¢¢ounlinki in preparin¥ Ihe financial siaieinenls. Ineome All income is recognised in the Sialement i)f Financial Activities once ihe charity has entiilement lo the funds, it is probable Ihal ihc income will be received and the amouiil can be meaSUd lIablY. Cash donations arc recogni5cd on receipl. Income lax recoverable in relaiion lo donalions re¢cived under Gift Aid or deed5 Qf'covenanl is rcLoginisLd al the lime of Ihe donation. Grants received in the year that relalL' (() a period after the year end are Ireaicd as deferred income al Ihc year end. Expenditure xpcndilure is accounted for on an accNalty basis and has been classified linder heading)s thai aggregate all cost related lo Ihe category. Where L0515 Lannot be direcily atiribuled io particular headingTS Ihey havc bcen allocated lo aaivities on a basis coiisisient with (he usc of resources. Liabilitie5 are recoginised a5 expenditure a5 soon as there 15 a legal or constructive nblibiaiion ¢()mmitling the charity to that exp¢ndilur¢. il is probable Ihal 2 tran51er of economic benefits will b¢. requii'ed in SL'iilcniL'nl aiid the amounl of the oblibaiion can be mcasured reliably. Cosls of providing Chariiablc aclivities comprise all expendilure Tdentified as wholly or mainly attributable lo achieving the objecls of Ihe Lhariry. 'Ihese costs include staff costs. attribulablc support ¢0515 and an app)rtionmeni of general ovcrhLad5. Oihcr ¢osls are Ih05e costs incurred in conneciion with the adminislralion of the charily and compliancc with conslitulional and statutory requiremenls. Salary costs noi allribulable directly to providingT charitable allivities arc allocated 10 other costs. TrAnsfer of costs from vnrestricted ¢0 re5tric¢ed funds All projeci salaries are allocaicd againsi restricted grani income and donations received for a particular project. Page 10 conlinued..-
Winehester & District Young Carers Notes to the Finalncial Ststements- continued for the Year Ended 3151 March 2025 ACCOUNTIiYG POLICIES- continued Allocation and apwjrtionment of costs The majority of Losts arc dircctly attributable to SP¢Lific activiti¢s and ar¢ allocaled on this basis. Ovcrheads are apportioned to direct and other expenditure on a basi5 aimed lo reflect Use. Taxation The charily is exempt froni tax on its charitable activities. Fund accounting Unrestricled funds Lan bc Lised in a¢cordancc wilh the charitable objectives ai Ihe discretion of the trustees. Resiricted funds can only be used for particular restricted purposes within the objects of the charity. Restriclions arise when specified by the donor or when funds are raised for particular restricted putposes. Funher explanation of Ihe nature ai)d putpose of each fund is in¢luded in the notes to the financial stslemenls. Pension eo$ts and other post-retirement benefits The charity operates a defined conlribulioii p¢nsion scheme. Contributions payable to the charity's pension s¢heme are ¢hdrg¢d io the Sialemenl of financial Aciivities in the period lo which ihey relaie. CAsh and c4sh equivalents & curren¢ asset inve51ments ( a%h and cash equivalents coinprise of cash in hand and cash al bank. Debtors Short lemi debiors are slalcd at tlic seiil¢menl llinounl due lifter any trade disLount offered. Appropriaie allowances for estimated irreL'OVLrable ainounls are recognised in Ihc StatLinenl ()f F'inanLial Activities when Iherc is objective L'videiicL' Iliat the asset is inipaired. Creditors Creditors and provisions are measured at their settlement value. INVF,SI'MF.NT INCOME 20?5 2024 Deposit account interest 2,739 CHARITABLE ACTIVITIES COSTS Direci C0515 Support cos15 Totals Charitable Activity 158.500 4.908 163,408 Page I I continued...
Winchester & District Tr'oung C.arers Notes lo the Financial Statements - continued forthe Year Ended 31st Mareh 2025 TRUSTEES, REMIINF.RATION AP4D BENEFITS No r¢mun¢ration or other bettefils were paid to any ttijslees for Eh¢ year ended 31st March 2025 nor tor the period ended 31 st March 2024. Trustees, expenses -rherL were no trustees, expenses paid for the year ended 31st March 2025 nor for Ihc vear eiid¢d 3151 March 2024. STAFF COSTS 20?5 ?0?4 Wages and salaries Social security costs Other pension costs 114,859 102,036 5,050 11?,971 119 746 The averdge monihly nuiiiber of eniployees during the year was as folluws.. Charitable activities No employees r¢c¢ived cnioliiments in exLe%s of £60.000. CRF.DITORS: AMOUN'I'S FALLINC DI.IE WI'I"HIN OiYL YEAR ?0?5 ?024 Other creditors 1.3,8?3 LEASING AGREF.MTr'N'rs Minimum lease payinenls under non-cancellabl¢ ()peraiinsF leases fall dLie as follows: ?025 20?4 Wiihin one year 8,514 8,514 Page 12 continued...
Winchester & District Young Carers
Notes to the Financial Statements - continued for the Year Ended 31st March 2025
9. MOVEMENT IN FUNDS
| Incoming | Resources | Transfers | At | ||
|---|---|---|---|---|---|
| At 1.4.24 | resources | expended | 31.3.25 | ||
| £ | £ | £ | £ | £ | |
| Unrestricted funds | |||||
| General fund | 250,418 | 78,174 | (118,669) | (50,000) | 159,923 |
| Designated fund - | |||||
| 18-25 programme | 30,000 | 30,000 | |||
| Designated fund - | |||||
| staff costs | 20,000 | 20,000 | |||
| Restricted funds | |||||
| Restricted | (10,332) | 77,179 | (44,739) | 22,108 | |
| TOTAL FUNDS | 240,086 | 155,353 | (163,408) | 232,031 | |
| Comparatives for movement in funds | |||||
| Incoming | Resources | Transfers | At | ||
| At 1.4.23 | resources | expended | 31.3.24 | ||
| £ | £ | £ | £ | £ | |
| Unrestricted funds | |||||
| General fund | 214,134 | 94.590 | (58,306) | 250,418 | |
| Designated fund - | |||||
| 18-25 programme | |||||
| Designated fund - | |||||
| staff costs | |||||
| Restricted funds | |||||
| Restricted | 66,521 | 24,702 | (101,555) | (I 0,332) | |
| TOTAL FUNDS | 280,655 | 119,292 | (159,861) | 240,086 |
Designated fund - 18-25 programme
The Trustees have set up a designated fund for the 18-25 programme which is to support Young Adult Carers which has only just recently been launched so these designated funds will help to support the start up costs of this programme.
Designated fund - Staff Costs
The Trustees have set up a designated fund to demonstrate to third parties (local authorities) the need to generate a surplus each year in order to pay for growing staffing costs and need for new staff members as the charity continues to grow.
continued ...
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Winchester & Distrlct Young Cxrtrs Notes to the Fin4neb*l Statements - eoniinued for the Year F4nded 31 st March 2025 io. REI,ATED PARTY DISCLOSURES There were no reled party 117nsaclions for ihe year ended J I sl March 2025. UI.TIMATE coTRoLLING PAR"I'I' 1.hc Iharily is controlled by ils Trustees, and no one party conirols ihe charity. Page 14
Winchester & District Young Carers Detgiled StAtement of Financial Activities for the Year Ended 31$t MArth 202$ 2025 2024 INCOML AND EIYDOWMENI'S Donations and legacies t)ondlions Grants Subs 67.185 48.688 680 116,785 237 148,975 116,553 Investment income Deposit account interesi 6,378 2,739 Total incoming resources 155.353 119,292 EXPENDITURE ChAritAble activities WagTes Social 8ecurily Pensions Rent Insurance -lelephone Adveriising Exploralioii Programinc Activities ( alender 'Iraiiiing Repairs IT Expenses Bank Charges Travel ramily Day Out Costs 15+ Moviiig On Costs Recruitment General Admin Expenses 114,859 3,062 -f .050 1.3,142 1.099 1.515 1,861 910 6,456 2,997 102,036 5.3.f 5 5,355 11,898 895 1.010 563 15,833 6,516 183 3.023 461 1,826 3,011 120 1,697 809 270 ,532 797 1.895 158,500 157.797 Support costs Management Telephone 130 Governance costs Indepcndent examination tee Legal & Professional Fees 2.070 2.838 1.934 4,908 1.934 Totsl resources expended 163.408 159,861 Iyet expenditure (8.0551 (40,569) This page does not forn) part of the statutory financial sthiemen Page 15