REGISTERED CHARITY NUMBER: 1157082 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR CARERS ISLE OF WIGHT
CARERS ISLE OF WIGHT CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Page Roport of the Trnstegs 1 to 8 Independent Examiner's Rert Statement of Financial ActivitiOS 10 Balance Sheèt Notgs to the Flnanclal Statsments 12 10 19
CARERS ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 The trustees present their report wrth the financial statements of the charty for the year ended 31 March 2022. The Iruslees have adopted the provi8ions of Accounting and Reporting by Charities.. Statement of Recommended practi applicable to chanties preparing their accounts in accordance wf(h the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectNe 1 January 20191. OWECTIVES AND ACTIVITIES Who we are Carers IW is a local charity supporb'ng adu carers of ul1$ the IS of Wight. A carer 1$ anyone who cares, unpaKI, for a family rnember oi fri¢nd who cannot manage wrthout their 8UPPOrt. They might look after someone with a physical disability, long lerni heah condf(ion, mental health issue or a problem wi(h substance misuse. We help rarers lo access support. serVes, education and training, and breaks from their caring role. We ensure carers on the Island have a Vol in policy making and plannin9 for services, and we wot1( with health and social re professionals to develop best prtice. Our aim is to create carer friendly communities where carers are recognised, valued and supported. Public benefrt The trustees confirm that they have referred lo the guidan contained in the Charity Commission's general guidan on public benefit when reviewing the charrty's aims and objective5 and in pLgnning future adivf(ies. The trustees refer to public benefit throughout this report. Page 1
CARERS ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 ACHIEVEMENT AND PERFORMANCE Summary of2021 2021-2022 saw the COVID-19 pandemic continuing, for Carers IW we Icx)kgY to adapt our support to meet carers needs. All areas of Carers IW remained fulty operats'onal during the 2021-2022, no staff were furtoughed. We offer unpaid carers a at the Carers Centre and through the Carers Lounge at the St Marys Hospital and the Carers Lounge at Sevenacres the Mental Health Hospital. We offer a range of $upport lo carers from emotional support, dementia training and coping strategy work, respite days. quiet days, pamper days, drop ins, support groups. support for former carers, younger carers. IPAD library, Dementia Carers Café, Ring Round. Take a Break, Carers Assessments, Mental Health Support, and not forgetting our residential resprte weekend offering carers lime out, holistic therapies, meals and craft workshops. During the pandemic unpaid carers were al risk of feeling isolated due to their need to shield the person they Ca for, and we l(M)ked at various options to offer respi(e using various cplions. One cplion was to increase our IPAD library and Organed the nnectIty of carers who did not have the ability lo use the Intemet as well as paid for ICT assistance. They were able to contsct various carer $upports. including family. and friends on a pre-set device. Our work evKlenced that carers who receNe a video call are much more responsive to us, and we were able to share coping strategies that would help them manage challenging situations in a different way. They we also able lo join the groups we run online., the peer support was invaluable as r5 realise that they are not alone. The Ring Round volunteer support continues to be immensely important to individual carers who had limited famity and friend's supporL Carers accessed various sessions including our gym session as well as the se-care café and support groups. We up-skilled staff and volunteers lo work wrth carers in the community lo access lo the Internet and enable them to borrow an IPAD that they used to engage wf(h their peers, family and Carer Support woters easily. Camrs Strategy Work We have been working wi(h carer5 in the commLtnity about wh81 a carers strategy questionnaire should look at. We have also ensured that we worked with People Matter as they have a Iimf(ed number of carers who attend their meetings. We have enabled carers to Influen services in other ways tcK), for example through our long-established working relationship wrth the local authority based on the shared aim of giving carers the recogni(ion and suptK)rt they need. This has al times been challenging, particularfy since the implementation of the Care Act which locally, appeared lo coincKle wf(h synificanl budget restrictions which led to reductions in the supports that had prevp)usly been available lo carers. Referrals We hove had an increased referral rale from all sectors as the pandemic restrictions have exceptionally difficult for carers al home. Staff & Volunteers The overall response of all staff and volunteers during the period of this emergency has been tremendous and are to be congratulated for their efforts. Many staff have gone over and above wh could reasonably be expected of them and the genuine kindness and willingness lo assist has been immensely awesome. The le8m have pwded 74ays a week support for unpaid txrers rosS the Island. Issues Arfslng from Pandemlc Situation Domestic Violence We have sn a rise in domestic violence towards unpaid carers since the introduction of the lOCkdn. We have had Increas incidents of people wrth demenlra reverting b8ck lo domestic abuse behaviours that partners have not had lo experien in many years. Use of medication has been the answer for many of these carers, particularfy due lo the restrictions and the difficulties around people understanding the need to social distance. The Dragon Fly training staff attended has helped them support carers who find themselves in this position has been very benefickql. Page 2
CARERS ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 Health Issues We have had many conversations wrth carers who are reludanl to seek medtil help for non-related hea Issues lo Covid19. It is of concern the amount of people who are shying away from seeking help. There have been dTfficulties for people lo get lo see a GP due lo the pressures on the GP practices and trying lo get the population vaccinated. Those th81 have gone forward lo ask for help after persuasion have required medical intervention. Our Services Ring Round Support Our volunteer Ring Round Support Team and Trustees have all tsken extra Teferrals to ensure more Garers feel fully suptK)rted during these drfficull times. The service is manned by volunteers and overseen by a Trustee and the Manager. Volunteers offer carers a rular supportive telephone call to the carer and feedback lo the Team ff a carer is struggling and needs more support. Carers Lounge The Carers Lounge Offe a 24n safe and welcoming space for unpaid carers to unwind. During core hours it offers carers the chance lo refflecl on the emotional and physical impact of caring and receive some help to negoliale the hospital joumey from lMISSion lo discharge. Carers a supported lo communicate wrth the appropriate hospital staff, understand thr rights, asS practical support, idenlfy training needs, engage wf(h other relevant agencies, and apply for specialised carer benefits as appropriate. The team works w(th hosprtal colleagues to improve knowledge and understanding of the needs of carers lo promote an inclusive approach when planning for patients. They also provide ongoing support to carers from the point of discharge whether the Cared for is going home or to a short-lemi placement. All team members are providing extra ernotional support to carers during this unpreented time. The Carers Lounge team at st Marys were asked to share their good practice examples with NHS England who used il in a National Training event. They are now working wf(h the integrated discharge team lo ensure that carers are part of the decision-making process prior to discharge where possible. It has been and continues to be a difficult lime as the Island is coping wrth a crisis in care in the commLJnity which has meant that there is a significant number of medically optimised patsents awarting placement a5 there are severe shortages of care package51¢are placements available. Sevenacres Carers Lounge Carers IW have eslablish8J a base for our Hosprtal Team Leader in Sevenacres lo work with the hosptsl lo support carers caring for someone wrth mental illness. The aim of this seNice is to improve care outcomes and more costoffective seNice delivery. The presence of a dedicated earers worker in Sevenacres has already led lo increased referr81$ from all three wards, the Home Treatment Team, and carets themselves. We established a carets support group al for these carers and are developing outreach lo mental health carers in the communty. We have worked closely with ward colleague5 10 implement inyroved carer idenlrficalion, offer Pfactical and emotional support to carers and working with hospital colleagues to improve knowledge and understanding of the needs of carers lo promle an incluswe approach when planning for patients. Carers are supported to communic*e with the appropriate hospital staff, understand their rights. asS practical support. identify training needs, engage with other relevant agencies, and apply for specialised carer benefrts. The current H05Prtal Team Leader in Sevenacres is funded via the Local Authority, however the Carer Support Worker is currently funded through NHS charitable funds which is due to end September 2022. If Carers IW are unable to secure funding for the carers support wort(er this will indeed lead to a reduction or indeed a wf(hdrawal of the service whh will obviousty have significant impact on resource provision and ultimately increased pressure on slatulory services. We 8re looking to sustain the funding of this post beyond September 2022. Tha post would allow us to work more closely wf(h carers during the Patnt transltion befftn hospital and communty. Often carers are identrfied by the Home Treatment Team who support patients after hospital stays and also in the hope of avoiding admission". support for carers can be most ¢rLJcial at these limes. We have earnl the trust of the Sovenacres staff and are now roulinety invited lo patient reviews w(Ih the Car. part of three-way telephone ConsUtIOnS wrth psychiatrists and carers. one of the posrtive aspects is that we are 8nd can speak openty to our carers and staff and are often able to challenge both sides to try to get the best outcorne for all. Page 3
CARERS ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 We have a good relationship with all the mental health team, w8rcls and the Home Treatment Team., our referrals from them have increased since the development of the Carers Lounge based * SevenaCs on a full-lime basis. The peer support group (staffed by us an(J a member of staff from Sevenacresl lo carers enables carers lo access infomialion. peer support on a regular basis. This will assist carers in accessing help quickly rf they notice a deleriorab'on in the person they care for if they are ab lo aCsS coping strategies or help, thus prevention of unnecessary admission lo hosptsl. Carets Assossments The Care Act 2014 sets out carers, legal rights to assessment and support. 11 slates that a Carer is eligible for an assessment rf they provide subslanlial and regular support to Someone who nls care. The carerfs assessment is an opportunity lo discuss wrth the Ict81 council what support or services needed. The assessment will look at how caring affects their lrfe, inciuding for example, physical, mental, and emotional needs, and whether they are able or willing lo cary on earing. Throughout 2021 we are increasingty receiving requests lo cornplete carers. assessments due lo the pandemic, we We able lo complete these using a variety of ways including home visits rf essential, telephone, video calls. office wsils. We were asked lo comment on the IWC updated version of the Carers A85essmenl, we included volunteers, staff. carers and former carers in this piece ofwork, and we are awaiting the outcome. Emotional Support Carers are offered emotional support through one-lo-one sessions wtih cr trained staff. Idealty, we look towards encouraging carers into attending other support for example the SeLf-Care sessions that offer a safe and therapeutic session that also promotes social interaction with peers. During the past e1ve months we have had lo increase our Staffing lo meet the need. Newport Drop in Our Carers Centre drop in for both carers and cared for people and offers a variety of activities from a ch and a cuppa, lo leaming how lo use an IPAD. Kindle or enjoying a quvz. This has en attended by many carers and their cared for as they are struggling to manage in the home environment. Self- Care Café The Seff-care Cafes are very popular and offer carers an opportunity lo leam new skills. complete their journal, leam mindfulness, enjoy 8 craft tIvitY, and gain from peer support. Male Carers Social Group The male carer social group is run by a male carer and they meet every m¢Mlh on the second Tuesday of the month. Generalty, the group wsit a pub that offers the option of food. It is a successful group that offers a lol of peer support lo each other. The groLJP have managed lo meet a few times when the local conditions were safe lo do so. This group 13 open lo both former and current carers. The group leader also offers a telephone Servi tr) the male carers who receive a supportwe telephone call each month. This has been instrumental in building up relationships and trust and all the carers have requested that this continues. The members of the group are now beginning lo offer peer support and buddy up with each other. offering a supportive phone eall during the week. Take a Break Group The group has restarted for the carers only due lo space * the Carers Cenlre. Carers in this group really benefrt from the peer support offered from each other. The group is primarity run by a volunteer who has volunteer and 8 member of staff available lo her. Dementia Solution Focussed Strategles for Carers Group This group offers carers caring for someone wi(h dementia the opportunty lo brirrfJ their issues in regard to behaviours and look at how others have dealt with il andlor look al Dr Gemma Jones work in relation to Dementia Awareness Reaching Communities We consider that this will be a useful resource that will enable carers lo support 8a¢h other and find a strategy that works for them as well as leaming more about dementia. This popular group offers any carer who has attended the training we run a further opportunity for additional le8rnirrtJ and to gain fM peer support andlor supportjslrategies. Resplte Weekend for Carers We held our respite weekend last November ensuring that we were Covid Safe as possible. 'Love being a part of carers , Very rewarding . Thank you . Hope you arenl to tired Pg99 4
CARERS ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 THANKYOU for organising such a lovely break for us... you're all amazingllll X, Thank you for a lovely weekend. I was so relaxed, '1 just wanted to say thank you so much to you and the 'A team. for another lovely respite weekend.. 'It was so good to be able to spend time together again enjoying the crafts, pampering and relaxation lime You and your team really do spoil us rers. The focKI was delicDus and the pavlova I had on Saturday night wa$ to die for.. I, Branching Out Two members of staff run a 7-week course that is spectfically for bereaved carers and looks at dealing with their thoughts, feelings, grief, loss and emotions, as well as their idenlty, wha next. This group has managed to run Ltsing c¥)line facili(ies as well a5 one lo one worf( in the community. Demenlia Awarenes$ Training for Unpaid Carers We have a wailing list for this training. we have managed lo run some complete groups of this training this year. We work w(th carers caiing for people with dementia and we have found that they need ongoing help. Generally. we do not close these cases as they require ongoing support. Carers asked us for help in understanding the dementia and what was happening lo them, a lot of the carers would gel cross wf(h the person they cared for as they fer( their actions was due lo their 'awkw8rdness' not their dementia. We realised that carers were also disempowering the people they cared for unintentionally, for example, they stcyped them doing everyday tasks and told them lo sil and rest. Obviousw, this led lo the people wf(h dementia displaying more behaviours as they weTe bored. We also noticed that many carers were reluctsnl lo aCp1 resprte earfy on in their caring role and often left f( until a crisis happened. Carers caring for those with dementia are undoubtsbly faring the worst in the lockdown and ongoing restrictions. People with dementia do not understand the need for social distancing and we are Ing a rise in aggressive behaviours and consequently more use of sedation. We have Continu lo run our Dementia Training to ly)th unpaid carers and offered some sessions lo both PAS and Social Prescribers. The Bookcase Model realty helped me understand the memory issues.. 'Speaking and getting tr) know other carers going through same and drfferenl elemen15 of the disease., 121yr carer caring for Mother with earfy onsel.} Christmas Hampers We gave out 15 Christmas hampers to carers we felt would benefit from a litt extra care. All staff donated their gifts, we asked our staff to nominate carers who would benefit from the hamper, not necessarily financially. 'Thank you 50 much for the goodiesl Caused much excitement in my house, believe me. Also, thank you for everything you have done for me and Anna this year. Not sure l Could eope without you all al Carers. Xx*' 'Thank you sooo so much for my gift bagll I canl believe rt, your generosty and kindness lo nominate me made me well up. l appreciate it so muchl Thank you again for all your help thi5 year, I dont think I would be able to manage without your chats and support. you really do change peoples lives for the best, Car8r Quotes We are lucky that our team is quite small bul very friendly and supportive. Carers IW have an amazing team of voluntggrs that offer théir timé and experience, without which. we would not offer such a gool service. thank you all from Carers IW. As a resutt of our interventk)n carers report feeling.. 'To everyone at Carers Isle of Wight, thanks for all your hard work" 'Thank you so much for all your help and support" Page 5
CARERS ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 'Thanks so much for best support" 'Thank you so much for all your help earlier this yearf. 'Thank you all so much for the support you give through out the year and special thanks for the Tolland weekend, such 8 lovely treat" 'Jusl 8 note lo say thank you for all the support and advice over the last year. Not sure where we'd be wlhout FINANCIAL REVIEW Finance On 1st August 2020 we started a new contract with the Local Aulhorily, this covers all our services and is for the period of 3 years plus 2 years rfapplble. The aims of the Iwconlract are.. - To reach out to carers that we do not know about who do not identify themselve$ as a care. Ensure tha all carers are recognised, rospecled and given the opportunity to have Iheif 5UPPOrt rteeds assessed and met. - To provide clear pathways for carers lo the infomialion and services availab tQ SUPP¢)rt them. Run a Carers Lounge based al both Hospital and Sevenacres. - Improve c8rers groups and acliwlies aimed at 8UPPOrting Care aged ¢)ver 18 and over. The accounts form part of this report and full details of the accounts of the charity are provhded. Overall, the figures highlight a reasonably solid posrtion for the Charity moving forward, especially now that the funding has been agreed with the IW Council. All projects are monitored to ensure that they operate wlhin budget and approved funding, on a full eost recovery basis whenever possible. If project funding discontinues, then projects Cannot continue. The Manager provides a highlights report at quarterfy Trustee meetings reporting any key financial considerations. There can be little doubt that the financial climate for Carers IW will conb'nue to be challenging. The reason for holding unrestricted free reserves is lo protect Carers IW from the impact of shortfalls in forecast income or unforeseen expendtture. In an extreme case. the reseNes need lo be sufficient to cease operations in such a way as lo minimise disruption lo users of our services, and to wind up the operation wilhoul leaving credrtors, considering the costs of stalulory and contractual payments lo staff and the lemination of existing contracts and leases. Reseryes Policy Trustees have examined the financial risks of the charty and have idenlrfied an amount within the free reserves which are those unrestricted funds not designated for specrf5c purposes or otherwise committed and which the Trustees believe will be sufficient lo maintain the unrestricted aclivrties of the charty in the event of a reduction in future funding. The reserves that we have set aside prov8 financial stsbility and the means for the future development of supporting unpaid carers. We have included the redundancies funds in our reserves and need to be ab to fund any shortfalls in ineomè for example when there is downward pressure on cash flow or when income does not reach expected levels. Office Related Expenditure Currently we nt our Carers Centre through CAIW at a cost of £8k pa, including access to private part of server, intemel costs, lighting & heating. We pay for the Who Youth Hostel rental for the resprte weekend I a year as applicable. Telephone costs are paid via DD., staff receive telephone allowance. Sessional stsff have an inclusive cost per hour to indude various expenses. We employ 8 Finance Officer lo provide bookkeeping, bank reconciliation, set up monthly management Teports. preparation of accounting records before audit. To help offset the cost of the Financial Offir we do 80me accountancy work for Pecple Matter 3 kx31 charity who we work closely wrth. Pa9e 6
CARERS ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 STRUCTURE. GOVERNANCE AND MANAGEMENT Legal Status & Goveming Body Carers IW is a Charitable Incorporated Organisation 8 registered Charity number 1157082. Its registered Offi is Carers IW, RNerside Cenlre, The Quay, NewkK)rt. Isle of Wight, P030 2QR. The charty is govemed by its constrtution The following is an extract from our conslilution: Carers IW is an independent charity based on the Isle of Wight. supporting Unpa aduf( carers of aduks. The objects of the CIO are To relieve the stresses experienced by carers, OV8r the age of 18 who have care needs, as a resutt of disability. illness or age wrthin the Isle of Wight {the carer may reside in or work in or care for a person who resides within the Isle of Wghtl, in particular bul not excluswely by.. Providing a contact point for help for carers over the age of 18., Identfying carers who struggle lo cope in their caring role., • Working wrth other agencies and charilos to develop services for carers., . Offering carers, a break through support groups," Gathering and disseminating information relevant to carers issues., Raising awareness of and promoting the needs of carers throughout the Isle of Wight wf(h local poIY makers and service providers.. FU2ising funds lo achieve the above., REFERENCE AND ADMINISTRATIVE DETAILS Registsred Charity number 1157082 Prfnclpal address The Riverside Centre The Quay Newport Isle of Wight P030 2QR Trustsè$ Sue Bennett- Chair of Trustees Wendy Holleyman - Deputy Chair of Trustees Barry Jackman Hugh Harrison Maurice Dix Catherine Hands The board meets at least four times a year and the formal management of the charity is delegated lo Elizabeth Martin, SeNice Manager. None of our Iruslees gain from remuneration or other benefit from their Work wf(h the charity. If we have a Trustee vacancy through signat)n, or that the existing trustees have decided that one or more new trust8es wrfth specffjt skills are needed to hglp run the charity more effectivèly. The trLJStees consider the best methods of attracting a diverse range of candidate$ wrth the skills the charty needs. Short-listing and inteNiews take place against agreed criteria. Interviews are carried out by a small panel of trustees, and each candidate is asked similar questions to ensure a fair and objective approh. Preferred candidates are idenlrfEd and inwted to join the Iruslees, subject lo references, tomial vetting and approval by the full trustee board. Unsuccessful candidates are notrfied and thanked for their interest. Page 7
CARERS ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 REFERENCE AND ADMINISTRATNE DETAILS Independent Examiner S F Mackie, FCA ICAEW Morris Crocker Chartered Ac¢ountsnts Slalion House North Street Havanl Hampshire P091QU Bankers CAF Bank 25 Kings Hill Avenue Kings Hill Wesl Malling Kent ME194JQ Approved by order of the board oftrustees on ...l&........N.0vEk.fi?iand signed on its behalf by.. S Bennett- Trustee Pa9e 8
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CARERS ISLE OF WIGHT Independent examinerf5 report to the trustees of Carers Isle of Wight I report lo the charty trust&s on my examin*ion of the accounts of Carers Isle of Wghl (the Trust) for the year ended 31 March 2022. Rgsponsibilities and basis of report As the charty trustees of the Trust you are responsible for Ihe preparation of the accounts in &cordance with the requirements ol the ChaT((18$ Act 2011 I'lhe Act'l. I report in respect of my examination of the Trusvs accounts carried out under section 145 of the Ad and in ¢aTrying out my examination I have followed 811 applicable Directions given by the Charity Commission under section 145{Sllbl of the Act. Independent examineV$ statement Since your charity's gross income exceed £250,000 your examiner musl be a member of a listed body. I can confirni that l am qu81ified lo undertake the examination because l am a registered member of ICAEW which is one of the listed bodies. I have completed my examination. I confim that no material matters have come to my attention in connection th the examinatK)n giving me cause lo believe that in any material re$pect'. accounting records were not kept in SpeCt of the Trust as required by section 130 of the Act,. or the accounts do not accord wrth those records., or the accounts do not comply w(th the applicable requirements concerning the fom and content of accounts set out in the Charities (Accounts and Reports) RegulalK)ns 2008 other than any requirement that the accounts give a true and fair view which is not o matter considered as part of an independent examination. I have no cOnrn5 and have crjme across no other matters in connection with the examination lo which attenb'on should be drawn in this report in Ofder lo enable a proper understanding of the accounts lo be reached. S F Maekie. FCA ICAEW Morris Crocker Chartered Accountants Station House North Str88t Havanl Hampshire P09 1QLI Dale. ..5th.Q.e.oemb.er.2022.. Page 9
CARERS ISLE OF WIGHT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDEO 31 MARCH 2022 Unrestricted fund$ 2022 Total funds 2021 Total funds Restricted funds INCOME AND ENDOWMENTS FROM Donations and areS Notes 8,782 8,782 2.262 Charftable activities Caring 40,000 281,345 321,345 352,047 Other trading activities 2,114 Total 48,782 281,345 330,127 356.423 EXPENDITURE ON Charitable activities Caring NET INCOMEIIEXPENDITURE} 29,602 19,180 288,979 17,6341 318,581 11,546 327,033 29,390 Transfern between funds 14 16.367 116,3671 Ngt movement in funds 35,547 124,W1) 11.546 29,390 RECONCILIATION OF FUNDS Totsl funds brought fopKard 222.390 103.951 326,341 296,951 TOTAL FUNDS CARRIED FORWARD 257,937 79,950 337,887 326,341 The notes form part of these financial statements Page 10
CARERS ISLE OF WIGHT BALANCE SHEET 31 MARCH 2022 2022 2021 Notes FIXED ASSETS Tangible assets 10 37,174 18,927 CURRENT ASSETS Debtors Cash at bank and in hand 11 1.C63 319,970 304,708 304,708 321,033 CREDITORS Amounts falling due within one year 12 13,9951 113,619) NET CURRENT ASSETS 300,713 307,414 TOTAL ASSETS LESS CURRENT LIABIUTIES 337,887 326,341 NET ASSETS 337,887 326,341 FUNDS Unre51ricted funds Restricted funds 14 257.937 79,950 222,390 103,951 TOTAL FUNDS 337,887 326,341 The financial statements were approved by the Board of Trustees and authorised for issue on and were Signed on its behalf by. S Bennett- Trustee The notes fonn part of these financpl statements Page 11
CARERS ISLE OF WIGHT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance wrth the Charities SORP IFRS 1021 Accounting and Reporting by Charf(Yès'. Slalemenl of Recommended Practice applicable to chanties preparing Ih&r accounts in accordance with the Financial Reporting Stsndard applF¢able in the UK and Republic of IreLgnd IFRS 1021 leffectNe 1 January 20191,. Financial Reporting Standard 102 'The Financial Reporting Standard applicab in the UK and Republic of Ireland, and the Chanties Act 2011. The financial stslemenls have teen prepared under the historical cost convention. Incomè All income is recognised in the Statement of Financial Activf(Es On the charity has enlillemenl to the funds, il is probable that the income will be rec&ved and the amount can be measured reliably. Expenditure Liabilities are recognised as expendf(ure as soon as there is a al or constructNe obligation C¢Jmmitting the charty lo that expenditure, i( is probable that a transfer of economic benefrts will be quired in setuemenl 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. Wheo costs cannot be directly attributed to parts'cular headings they have bn allocated to activth'es on a basis consislenl wf(h the use of resources. Tangible fixed assets Depreciation is provided at the folbwing annual rates in order lo wrtie off each asset over ts &slimated usefLtI lrfe. Fixtures and rrttings Motor vehides Computer equipment 25Yo on cost 20.fi on cost 25Yo on cost Indiwdual fixed assets costing £500 or more are capitalised at cost. Taxatlon The charity 1$ exempt from lax on its charitable activities. Fund accounting Unrestricted funds can used in Oran wf(h the charrtable objectNes at the discretion of the trustees. Restricted funds can onty be used for particuLqr tricted purposes within the objects of the charity. Reslriclions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes lo the financk?I statements. Hire purchase and leasing commitments Rentals paid under operating leas8s are charged lo the Statement of Financial Acaivities on a slraighl line basis over the period of the lease. Pension costs and other post-rgtlrement benerts The charity operates a defined contribution pension heMe. Contributions payable lo the chariils pension scheme are charged lo the Statement of Financial Activities in the period lo which they rdale. Pagts 12 coniinued...
CARERS ISLE OF WIGHT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2022 DONATIONS AND LEGACIES 2022 2021 8.782 2,262 Donations OTHER TIIADING ACTIVITIES 2022 2021 Other income 2,114 INCOME FROM CHARITABLE ACTIVITIES 2022 2021 Activity Caring Grants 321,345 352,047 Grants received, included in the above. are as follows.. 2022 2021 IWC prospectus Core funding Living well IWC Adult sctial care IWC Carers Dementia Support SeNice Connecting Carers Mental Heaf(h Carers Support Reminiscence Interactwe Therapy 281,345 177.080 13,800 53,567 50,0(K) 9,600 48,000 10,OCX) 20,000 10,000 321,345 352,047 CHARITABLE ACTIVITIES COSTS Support Costs Isee note 61 Direct Costs Totals Cariro 251,046 67.535 318,S81 SUPI¥)RT COSTS Govemance costs Management Finance Totals Caring 66,191 96 1,248 67,S35 Pag813 continued...
CARERS ISLE OF WIGHT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022 SUPPORT COSTS- conunued Support costs. Incil in the above, are as follows.. Management 2022 2021 Total 8Ctivf(ies Caring Wages Rent Motor expenses Insurance Telephone Postsge and stationery Sundries Computer costs Training Professional f&5 Repairs and renewals 42,946 8.000 593 3,976 1,557 3,951 1,331 3,520 60 90 167 43,237 8,000 2,750 1,360 9,326 4,435 2,856 3,140 267 720 66,191 76.091 Finance 2022 2021 Total activrties Caring Bank charges Govèmance costs 2022 2021 Total twilies Caring Indendent Examinerfs fees 1.248 1.248 TRUSTEES. REMUNERATION AND BENEFITS There were no trus1s. remuneration or oth&r benefts for the year ended 31 March 2022 nor for the year ended 31 March 2021. Tru$tegs' expenses During the year no trustee 12021., One) was reimbursed out of pocket expenses totalling nil {2021.' £1541 Page 14 continue(l...
CARERS ISLE OF WIGHT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022 STAFF COSTS The average monthly number of employees during the year was as follows.. 2022 12 2021 13 Direct Management 13 14 No employees receNed emoluments in eesS of£60,OXS. The key management personnel of the charrty compromise the Iruslee5 and the manager. The total employment benefits of the key management personnel were £42,94612021'. £43,237). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 2,262 2,262 Charitable activiti Caring 13,799 338,248 352.047 Other trading activities 2,114 2,114 Total 18,175 338,248 356,423 EXPENDITURE ON Charitsble activities Caring NET INCOME 5,838 12,337 321,195 17,053 327.033 29,3 Transfers between funds 1.213 11,2131 Net movement in funds 13,550 15.840 29.390 RECONCIUATION OF FUNDS Total funds brought forward 208,840 88,111 296,951 TOTAL FUNDS CARRIED FORWARD 222,390 103,951 326,341 Page15 continu...
CARERS ISLE OF WIGHT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022 10. TANGIBLE FIXED ASSETS Fixtures and rIngS Motor vehicies Computer equipment Totals COST At 1 April 2021 Addition$ 139 47,937 22,530 10,799 48,076 33.329 At 31 March 2022 139 10,799 70,467 81,405 DEPRECIATION At 1 April 2021 Charge for year 139 29,010 12.922 29,149 15.082 2,160 At 31 March 2022 139 2,160 41,932 44,231 NET 800K VALUE At 31 March 2022 8.639 28,535 37,174 Al 31 Mareh 2021 18.927 18,927 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade debtcsrs 1,063 12. CREDITORS: Ah1UNTs FALLING DUE WITHIN ONE YEAR 2022 2021 Trade creditors Other credrf(ors Accrued expenses 1,504 1,195 1,296 11,351 2.268 3,995 13,619 t3. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2022 Total fvnds 2021 Total funds Unrestricted funds Restricted funds Fixed assets Current assets Current liabilities 30,463 231,469 {3,9951 6,711 73,239 37,174 304,708 13,995> 18.927 321,033 113,6191 257,937 79,950 337,887 326,341 Pa9e 16 ¢ontinued...
CARERS ISLE OF WIGHT NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2022 14. MOVEMENT IN FUNDS Nel movement in funds Transfers beeen funds At 31.3.22 Al 1.4.21 Unrestrictsd fund$ General fund IWC Carers Dementia Support SeNice Mental Healh Carers Support Reminiscence Interactive Therapy Connecting Carers 222,390 14,0801 5,201 10,559 7,500 1.888 8,487 220,198 13,688 10,559 7,500 5,992 5,992 222,3 19.180 16,367 257.937 Reslricted funds IWC Prospectus Awards for all Liwng Well IWC Adult social care IWC Carers Dementia Support Servi Connecting Carers 35.648 733 15,051 13741 18971 118.4181 50,699 13591 897 47,669 8,487 11,414 29,251 18,4871 18,4181 12,9961 103,951 17,6341 116,3671 79,950 TOTAL FUNDS 326,341 11,546 337,887 Nel movement in funds, included in the above are as foll¢)WS". Incoming resources Resources expended Movement in funds Unrnstricted funds General fund IWC Carers Dementia Support Service Mental Health Carers Support Reminiscence Inler8ctwe Therapy 8,782 10,000 20,000 10,000 112,8621 {4,7991 19,441 } 12,SiKs} 14,0801 5.201 10,559 7,500 48,782 {29,6021 19,180 Restricted funds IWC Prospectus Awards for all Living Well IWC Adutt social care Connectiro Carers 281,345 {266,2941 13741 18971 118.4181 {2,9) 15,051 13741 18971 118,4181 12,9%) 281.345 1288,979) 17.6341 TOTAL FUNDS 330,127 1318,5811 11,546 Page 17 continued...
CARERS ISLE OF WIGHT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022 14. MOVEMENT IN FUNDS - eontlnued Comparatlves for m¢)vem8nt In funds Net movement in funds Tr8nsfers behveen fuThJs At 1.4.20 Al 31.3.21 Unrestricted funds General fund 208,840 12,337 1,213 222,390 Restricted funds IWC Prospectus Awards for all Lmng Well Shanklin Library Funding IWC Aduf( social care IWC Carers Dementia Support Semce Connecting Carers 47,273 1,107 29,691 (11,6251 13741 131.9931 1851 37,629 8,487 15.014 35,648 733 2,302 10,040 47,669 8,487 11,414 {3,6001 88,111 17,053 11,213} 103,951 TOTAL FUNDS 296,951 29,390 326,341 Comparative nel movement in funds, included in the above are as follows.. Incoming resour Resources expended M¢)vement in funds Unrestrlcted funds General fund 18,176 15,8391 12,337 Restricted funds IWC Prospectus Awards for all Living Wdl Shanklin Library Funding IWC Adult social care IWC Carers Dementia Support Serwce Connecting Carers 177.080 1188,7051 13741 185,5601 1851 {12,371 } 11,1131 {32,9861 (11.8251 13741 131,993) 185) 37.629 8,487 15,014 53,567 50,IXM) 9,600 48,OCiO 338.247 1321.1941 17,053 TOTAL FUNDS 356,423 1327,0331 29.390 IW PrOsp9uS The aim of the IW Prospectus funding is to reach out lo carers that we do not know about, who do not Identfy themsefves as a carer, and ensure that all carers are reccyJnised, respected and given the opportunty lo have their support needs assessed and mel. As well as provide clear pathways for carers lo the infomiation and servres available to support them. Improve carers groups and aclmlies aimed al supportiry carers aged over 18 and over. IWC Adutt Social Care ASC funij is used to provtde a link efv4een the See Provided by Carers IW and The Isle of Wight Counal's Adu Social Care department. Page 18 Gontinuett...
CARERS ISLE OF WIGHT NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2022 14. MOVEMENT IN FUNDS- continued IWC Carers Dementla Support Servlce Dementia support service funds are used lo offer PA support to dementia Sufferers. gNing their carers resprte. Connecting Carnrs Connecting carS fund$ are used to employ PAS lo provide respite for rerS during the pandemic. These fijnds were also used to purchase IPads which were108ned out lo carers lo help reduce ¢arer isolation. Mentsl Health Carers Support The Mental He811h Carers Support is to fvnd the post of a Carers Support Worf(er based al the I(1 mental hospital. Raminisconce Interactive Therapy Actlvity The Reminiscen Interactive Therapy Activity project is a project that provides use of specialist technology lo stimulate patients of Dementia, in tum providing reprieve in their carers caring role. Transfers betwgen funds The Ir8nsfers from restricted to unrestricted funds relate erther to fijnds which restrictions have been satisfied and therefore are no longer considered to be restricted funds after authority has been Dblained from the funder lo transfer the unspent balance, or where expendrture has not been fully allocated during the year. 15. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 Mah 2022. Page 19