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2023-03-31-accounts

Page Page
Report of the Trustees 1 Io 4
Report of the Independent
Auditors		 5 to 7
Consolidated Statement of Financial Activities
Consolidated Balance Sheet
Charity Balance Sheet 10
Consolidated Cash Flow Statement
Notes to the Consolidated
Cash Flow		 Statement 12
Notes to the Financial Statements 13 to 25
Detailed Statement of Financial Activities 26 to 27

fo r the year e nded 31 March 2 023
2023 2022
Unrestncted Restricted Iotal Total
Notes fund
f		 funds
f		 funds
8		 funds
8
INCOME AND ENDOWMENTS
Donations
and other grants		 FROM 11,080 11,080 21,099
Charitable
activities
Support for carers		 1,453,082 182,751 1,718,211 1,592,449
Other trading
activities
Investment
income
Other income		 113,100
1,219
11,032		 30,722
1,219
11,032		 78,326
15,860
Total 1,590,184 182,751 1,772,264 1,707,734
EXPENDITURE ON
Raising funds		 266,605 4,447 271,052 184,895
Charitable
activities
Support for carers		 1 272 488 127,219 1,399,707 1,375,075
Total 1,539,093 131,666 1,670,759 1,559,970
Net gains on investments 17,500 17,500 14,820
NET INCOME 67,920 51,085 119,005 162,584
RECONCILIATION OF FUNDS
Total funds
brought		 forward 718,920 38,485 757,405 594,821
TOTAL FUNDS CARRIED FORWARD 786,840 89,570 876,410 757,405

2023 2022
Llnrestncted Restncted Total Total
Notes fund
f		 funds
f		 funds
f		 fundsf
FIXEDASSETS
Tangible assets 16 16,904 16,904 23,773
Investment
property		 1/ 251,620 251,620 230,000
268,524 268,524 253,773
CURRENT ASSETS
Debtors 18 112,795 1 12,795 213,431
Cash at bank and in hand 666,915 89,570 756,485 694,681
779,710 89,570 869,280 908,112
CREDITORS
Amounts
falling due within		 one year 19 (261,394) (261,394) (404,480)
NET CURRENT ASSETS 518,316 89,570 607,886 503,632
TOTAL ASSETS LESSCURRENT LIABILITIES 786,840 89,570 876,410 757,405
NET ASSETS 786,840 89,570 876,410 757,405
FUNDS 20
Unrestricted
funds		 786,840 718,920
Restricted
funds		 89,570 38,485
TOTAL FLINDS 876,410 757,405

20?3 2022
Unrestncted Restiicted Total Total
Notes fund
f.		 funds
f		 Funds
f		 fundsf
FIXEDASSETS
I angible assets
Investments
Investment
pioperty		 16
17
18		 8,481
100
251,620		 8,481
100
251,820		 10,226
100
230,000
260,201 260,?01 240,326
CURRENT ASSETS
Debtors
Cash at bank and
in hand		 19 128,723
637,595		 89,570 128,723
727,165		 232,746
862,025
766,318 89,570 855,888 894,771
CREDITORS
Amounts
falkng due within one year		 20 (261,314) (261,314) (404,499)
NET CURRENT ASSETS BoB,oon 89,570 594,574 490,272
TOTAL ASSETS LESSCURRENT LIABILITIES 765,205 89,570 854,775 730,598
NETASS F' TS 765,20b 89,570 854,775 730,598
FUNDS
Unrestncted
funds		 21 I'65,205 692,113
Restricted
funds		 89,570 38,n85
TOTAL FUNDS 854 775 730,598
2023 2022
Notes E
Cash flows from operating
activities
Cash generated
from operations		 67,802 88,987
Net cash prowded
by operating
actwities		 67,802 88,987
Cash flows from investing
activities
Purchase
of tangible
fixed assets		 (3,097) (100)
Purchase
of investment
property		 (4,120) (215,180)
Sale of tangible
fixed assets		 215,181
Sale of investment
property		 14,820
Investment
revaluations		 (14,820)
interest received 1,219
Net cash used
in investing
activities		 (5,998) $99)
Change
in cash and cash equivalents		 in
the reporting
period		 61,804 88,888
Cash and cash equivalents
at the
beginning
ofthe reporting
period		 694,681 605,793
Cash and cash equivalents
at the end		 of
the reporting
period		 756,485 694,681

for the year ended
31 Ma		 for the year ended
31 Ma		 rch 2023
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2023 2022
6 8
Net income for the reportmg period (as per the Statement of Financial
Activities) 101,505 162,584
Adjustments
for.
Depreciation
charges		 9,96(i 7,399
Losses on investments (14,820)
Interest received (1,219)
Bad debts 1,034
Decrease/(increase) in debtors 100,636 (167,5I'3)
(Decrease)/increase in creditors (143,086) 100,363
Net cash provided by operations 67,802 88,987
2. ANALYSIS OF CHANGES IN NET FUNDS
At I/4/22
8		 Cash flow
f		 At 31/3/23
6
Net cash
Cash at bank and in hand 694,681 61,804 756,485
694,681 61,804 756,485
Total 694,681 81,804 756,485

NE.WCIS C011501idated Nute5 to tlie Findl)cial Statement5 Continiied for the year elided 31 Marcli 2023 OTHER TRAOING ACTlVI"fiES 2023 2022 Shop IriLOtne INVESTMENT INCOME 2023 2022 r>ep0511 aLLounl interp81 INCOME FROM CHARITAFJLE ACTIVITIES 2023 20?.?. ALlivity %upport fof carers Giants 1,118.211 1,592,449 Granls recoNe(J, Inclijded In the abovg. are d$ 1011ows." 2023 202?. BCU Denbighshire Coijnly Loiiiiul Flint5hiie Counly Couiiril Wiexhani Cjounty (:tiiJncil Big Lollery Fund Covll) 19 Response Wiiiler Pressurer F-und projec'.t ICF. Wllliiess F7rniecl Conwy CBC, Carerts I ru51 Wales granl ?.24,462. ?29.016 6U8.556 366.7 182,751 168.397 22Q,982 567,119 314,494 162.543 7.720 6.900 5,350 138,944 68,970 30.000 1.718.211 1,592,449 RAISING FUNDS other trading activities 2023 2021. l)urchr?8?8 Staff rosis Elrld dpbls 18,92.?. fi9,771 16.14?. 110.194 1,(lJ4 51.525 182,J59 ?11,052 1 114.895

CHARITABLE ACTIVIT IES COSTS
Grant
funding of
activities Support
(see note costs (see
0) note 9) Totals
E E
Support for carers 304,420 1,015,287 1,399,707
GRANTS PAYABLE
2023 2022
E E
Support for carers 304,420 357,395
SUPPORT COSTS
Information Governance
Management Finance technology costs Totals
E f. E E f.
Other trading
actiwties
Support
for carers		 155,524
1,015,287		 759 7,370 10,706 102,359
1,015,287
1,170,811 759 7,370 10,706 1,197,646
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(cieditmg) 2023 2022
E E
Auditors'
remuneration		 3,132 1,800
Auditors'
remuneration		 for non-audit work 7,900 0,490
Depreciation
- owned assets
Other operating
leases		 9,966
30,464		 8,424
21,965

STAFF COSTS
2023 2022
f E
Wages and salaries
Soaal secunty costs
Other pension costs		 966,085
73,463
45,510		 927,191
52,748
40,877
1,085,058 1,020,016
I he average
monthly		 number ofemployees during the year was as follows 2023 2022
Support
Shop		 4 40
7
1,005,050 1,020,816

Notes to the Financial
Statements
-contin
for the year ended 31 March 2023		 Notes to the Financial
Statements
-contin
for the year ended 31 March 2023		 Notes to the Financial
Statements
-contin
for the year ended 31 March 2023		 Notes to the Financial
Statements
-contin
for the year ended 31 March 2023		 Notes to the Financial
Statements
-contin
for the year ended 31 March 2023		 Notes to the Financial
Statements
-contin
for the year ended 31 March 2023		 Notes to the Financial
Statements
-contin
for the year ended 31 March 2023		 ued
COMPARATIVES FOR THE STATEMFNT OF FINANCIAL ACTIVITIES
Unrestncted Restricted Total
fund funds funds
E E 8
INCOME AND ENDOWMENTS FROM
Donations
and other grants		 3,530 3,530
Charitable
activities
Support for carers 1,429,906 162,543 1,592,449
Other trading
activities
Other income		 95,895
15,860		 95,895
15,860
Total 1,545,191 162,543 1,707,734
EXPENDITURE ON
Raising funds 184,895 184,895
Charitable
activities
Support for carers 1,235,406 139,669 1,375,075
Total 1,420,301 139,669 1,559,970
Net gains on investments 14,820 14,820
NET INCOME 139,710 22,874 162,584
RECONCILIATION
OF		 FUNDS
1otal funds
brought
forward		 579,210 15,611 594,821
TOTAL FUNDS CARRIED FORWARD 718,920 38,485 757,405
FINANCIAL
PERFORMANCE		 OF THE CHARITY
The consolidated
Statement		 of Financial Activities includes the results of the charity's wholly owned subsidiary,
Carer Ventures
Limited
the summary
finanmal		 performance ofthe chanty alone is
202:3
F		 2022f
l3onations
and legames
Charitable
actiwties		 1,710,511 3,229
1,580,449
Other trading
activities
investment
income		 11,078
1,219		 17,569
Other income 22,906 22,071
1,745,713 1,623,318
Raising
funds
Charitable
actwities		 137,785
(1,501,251)		 (122,590)
(1,349,,548)
(1,639,036) (1,349,548)
Net gains/(losses)
on		 investments 1»' 500 14,820
Net income/(Fxpenditure) 174,1/7 166,000

2023 2022
5 2
Turnover
Cost ofsales		 113,100
~103,893)		 146,825
~142,353)
Gross Profit 9,207 4,472
Administrative
expenses		 (44,572) (43,843)
Other operating
income		 30,193 35,955
Operating
profit/(loss)		 (5,172) (3,416)
'I'ax on profit/(loss)
Profit/(loss)
for the financial		 penod ~5,17?) ~3,416)
The assets and liabilities of lhe subsidiary were
Tangible assets 8,423 13,548
Current assets 62,941 50,238
Current
liabilities		 ~36,879)
Net current assets 13,312 13,359
Prowsions
for liabilities
Net assets/(liabilities) 21,735 26,907
Aggregate
capital and reserves		 21,/35 26,907

TANGIBLE FIXEDASSETS
GROUP
Improvements
Long to Plant and
leasehold
E		 property
f		 machinely
E
COST
At 1 Apnl 2022 8,200 5,125 1,184
Additions
At 31 March 2023 8,200 5,125 1,184
DEPRECIATION
At 1 Apnl 2022
Charge for year		 2,050
410		 2,306
1,025		 798
215
At 31 March 2023 2,460 3,331 1,013
NET BOOK VALUE
At 31 March 2023 5,740 1,794 171
At 31 March 2022 6,150 2,819 386
Fixtures
and Motor Computer
fittings
f		 vehicles
E		 equipment Totals
8
COST
At 1 Apnl 2022
Additions		 40,298
120		 15,500 41,866
2,977		 112,173
3,097
At 31 March 2023 40,418 15,500 44,843 115,270
DEPRECIATION
At 1 April 2022
Charge for year		 38,348
661		 7,492
3,100		 37,406
4,555		 88,400
9,966
At 31 March 2023 39,009 10,592 41,961 98,386
NET BOOK VALUE
At 31 March 2023 1,409 4,908 2,882 16,904
At 31 March 2022 1,950 8,008 4,460 23,773
CHARITY
i=ixtures
I ong arlrl Computer
leasehold
F.		 fittings
f		 equipment
E		 1otals
f
(:OST
At 1 April 2022
Additions		 8,200 34,688 no,65o
2,977		 83,536
2,977
At 31 March 2023 8,200 34,686 43,62( 86,513
DEPRECIATION
At 1 Apnl 2022
Charge
for year		 2,050
nl o		 34,686 36,574
4,312		 73,310
4,722
At 31 Maictl 2023 2,460 (8,032

Notes to the Financial Statements
-continu
for the year ended 31 March 2023		 Notes to the Financial Statements
-continu
for the year ended 31 March 2023		 ed
16. TANGIBLE FIXEDASSETS - CONTINUED
CHARITY
NET BOOK VALUE
At 31 March 2023 5,740 2,741 8,481
At 31 March 2022 6,150 4,076 10,226
17. INVESTMENTS
IN SUBSIDIARY
CHARITY
Shares
131 group
undertakings
f
MARKET VALUE
At
1 April 2022 and 31 March 2023		 100
NET BOOK VALUE
At 31 March 2023 100
At 31 March 2022 100
18. INVESTMENT PROPERTY
FAIR VALUE
At 1 April 2022 230,000
Additions 4,120
Revaluation 17,500
At 31 March 2023 ?51,620
NET BOOK VAL UE
At 31 March 2023 251,620
At 31 March 2022 230,000
19. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
GROUP
?023
f.		 2022
f
Irade debtors 76,974 184,093
Other debtors 1,50(3 1,500
VAT 2,267 1,277
Prepayments
and accrued income		 32,054 26,561
112,795 213,431
CHARITY
2023
f.		 2022
f
Trade debtors 68,956 184,09:3
Amounts
owed by group		 undertakings 33,389 :34,111
Other debtors 1,500 1,500
Prepayments ?4,878 16,134
128,7?.:3 232,746

CREDITORS:
GROUP		 AMOUNTS
FALLING DUE WITHIN ONE Y		 EAR
2023
f.		 2022
f
Trade creditors 8,413 9,337
Social secunty
Other creditors		 and other taxes 653
1,483		 653
1,592
Deferred
income		 133,498 392,898
Accrued expenses 117,347
261,394 404,480
CHARITY
2023 2022
f f
Trade creditors 20,105 11,340
Social security
Other creditors		 and other taxes 519
1,483		 519
1,592
Deferred
income		 121,978 391,048
Accrued expenses 117,229
261,314 404,499

Minimum
lea		 s e payments under n on. cancellable
operating
leases		 fall due as follow s.
2023 2022
f f
Within one year
Between one and five years		 26,788
74,240		 13,658
83,208
101,028 96,866
MOVEMENT IN FUNDS
GROUP
Net
movement At
At 1/4/22
f.		 in funds
f		 31/3/23
f
Unrestricted funds
General
fund		 718,920 67,920 786,840
Restricted funds
Big Lottery Fund 38,485 51,085 89,570
TOTAL FUNDS 757,405 119,005 876,410
Net movement in funds, included in the above are as follows
Incoining Resources Gains and Movement
Unrestricted fund.' resources expended
f		 losses in funds
General
fund		 1,589,513 (1,539,093) 17,5i(XJ 67 920
Restricted funds
Big
I ottery		 Fund 182,751 (131I666) 51 085

TOTAL FUNDS 1,772,264 ~1,670,759) 17,500 119,005
Comparatives
for movement		 in funds
Net
movement At
At 1/4/21 in funds 31/3/22
f f
Unrestricted
funds
Genera
I fund		 5I'9,210 139,710 718,920
Restricted funds
Big Lottery Fund 14,952 23,533 38,485
The Henry
Smith Chaiity		 659 +659)
15,611 22,874 38,485
TOTAL FUNDS 594,821 162,584 7r57 405
Comparative
net movement		 in funds, included in the above are as follows
Incoming Resources Gains and Movement
resources
f		 expended
f		 losses
f.		 in funds
f
Unrestricted
funds
General
fund		 1,545,191 (1,420,301) 14,820 139,710
Restricted
funds
Big
I ottery Fund
The Henry
Smith Chanty		 162,543 (139,010)
(659)		 23,533
~659)
162,543 (139,669) 22,874
TOTAL FUNDS 1,707,734 ~1,559,970) 14,820 162,584
Net
movement At
At 1/4/21 in funds 31/3/23
f. f f
Unrestricted funds
General fund 579,210 20/,630 788,840
Restricted funds
Big I ottery Fund 14,952 74,618 89,570
The I-leniy Smith Charity 669 (659)
15,611 73,959 89,570
TOTAL FUNDS 594,821 81,589 876,410

A current
year 12
as follows		 months and pn oi year 12 months
combined
n		 et movement
in fu		 nds,
included
in		 the above are
Incoming Resources Gains and Movement
resources expended losses in funds
E E E
Unrestricted
funds
General
fund		 3,134,704 (2,959,394) 32,320 207,630
Restricted funds
Big Lottery Fund 345,294 (270,676) 74,618
The Henry
Smith		 Chanty (659) (659)
345,294 (2/1,335) 73,959
TOTAL FUNDS 34,79,998 ~3,230,729) 32,320 281,589
CHARITY
Net
movement At
At 1I4I22 in funds 31/3I?3
E E E
Unrestricted
funds
General
fund		 692,113 73,092 765,205
Restricted
funds
Big Lottery Fund 38,485 51,085 89,570
TOTAL FUNDS 730,598 124,177 854,775
Net movement
in funds,		 included in the above are as follows
Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted
funds
General
fund		 1,562,962 (1,507,370) 17,500 73,092
Restricted
funds
Big Lottery Fund 182,5/1 (131,866) 51,085
TOTAL FUNDS 1,745,713 ~1,639,036) 17,500 124,177
Comparatives for movement in funds
Net
movement At
AI. 1/4/21 in funds 31/3/? 2
E E
Unrestricted
funds
General
fund		 548,987 143,126 692,113
Restricted funds
Big Lottery Fund 14,952 23,533 38,485
Ihe
I lenry
Smith Chanty		 659 (659)
15,611 22,874 38,485
TOTAL FUNDS 564,598 1(i6,000 730,598

Comparative net movement
in funds,		 included
in the above are		 as follows
Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted funds
General
fund		 1,460,775 (1,332,469) 14,820 143,126
Restricted funds
Big Lottery
The Henry		 Fund
Simth Chanty		 162,543 (139,010)
~659)		 23,533
(659)
162,543 ~139,669) 22,874
TOTAL FUNDS 1,623,318 ~1,472,138) 14,820 166,000
A current year 12 months
and prior year 12 mo		 nths
combined
position
is as follow		 s
Net
movement At
At 1/4/21
E		 in funds
E		 31/3/23
f
Unrestricted
funds
General
fund		 548,987 216,218 /65, 2()5
Restricted funds
Big Lottery Fund
1he Henry Smith Charity		 14,952
659		 74,618
~659)		 89,5/0
15,611 73,959 89,570
TOTAL FUNDS 564,598 290,177 854,775
A current
year 12 months
and pnor y
as follows		 ear 12 months
combined
n		 ei moveinent
in f		 unds,
included
i		 n the above ai
Incoming Resources Gains and Movement
I'es0Ii I'c os
E		 expended
E		 losses
E		 in funds
f
Unrestricted
funds
General
fund		 3,023,737 (2,839,839) 32,370 216,218
Restricted funds
Big Lottery Fund
The Heniy Smith Chanty		 345,294 (270,676)
(659)		 74,618
~659)
345,294 ~271,335) 73,959
TOTAL FUNDS 3,369,031 (3,111,1 74) 32,320 290,177

Detailed Statement of Financial
Activities
for the year ended 31 March 2023
2023 2022
8 6
INCOME AND ENDOWMENTS
Donations
and other
Donations		 grants 92 3,230
Fundraising
Job retention
scheme		 11,078 20,798
300
11,080 3,530
Other trading
activities
Shop income		 30,722 78,326
41,802 95,895
Investment
income
Deposit account interest 1,219
Charitable
activities
Grants 1,718,211 1,592,449
Other income
Other income 7,431 10,3C}6
Carer Respite Bungalow 3,601 r5 464
11,0:}2 15,860
Total incoming
resources		 1,772,264 1,707,734
EXPENDITURE
Other trading
activities
Purchases		 18,922 16,142.
Wages
Somal secunty
Pensions		 62,115
4,688
2,968		 110,194
Bad debts 1,034
88,693 127,370
Charitable
activities
Grants to individuals 384,420 357,395
Support costs
Management
Wages
Senal security
Pensions		 903970
68,775
42,542		 816,997
52,748
40,877
Rent & rates 30,464 21,965
Insurance 11,047 11,702
Light and heat
Telephone
Postage and stationery
Marketing
& PR
Sundries		 8,478
11,045
33,6'79
1,891
1,191		 4,783
11,679
34,689
518
Computer
running
costs
Sutlscl'Iptlorls
& tl'elf}log
Travel
& subsistence		 9,594
4,881
20,363		 5,648
20,006
8,329
Gamed
forward		 1,147,920 1,029,941
Detailed Statement of Financial Activities
for the year ended 31 March 2023
2023 2022
6
Management
Brought forward 1,147,920 1,029,941
Office cleaning 1,895 1,146
Consultancy
fees		 1,310
Conference
& meeting		 costs 343 269
Motor Expenses 10,667 7,688
Staff welfare 20 99
Iong leasehold 410 410
Improvements
to property		 1,025
Plant and machinery 215 129
Fixtures and fittings 661 488
Motor vehicles 3,100 3,100
Computer
equipment		 4,555 3,272
1 170,811 1,047,852
Finance
Bank charges 759 1,142
Information
technology
Repairs and renewals 7,370 9,659
Governance
costs
Auditors'
remuneration		 3,132 1,800
Auditors'
remuneration		 for non audit work 7,900 8,490
Legal & Professional Fees 7,674 6,262
18,706 16,552
Iotal resources expended 1,670,759 1,559,970
Net income before gains and losses 101,505 147,764
Realised recognised gains and losses
Realised gains/(losses) on investment property 17,500 14,820
Net mcome 119,005 162,584