REGISTERED COMPANY NUMBER.. 09437405 IEngland and Wales) HEGISTERED CHARITY NUMBER.. 1162083 Care & Repair Cardiff and the Vale Gofal a Thrwsio Caerdydd a'r Fro Care & Repair Cardiff and the Vale Group Report of the Trustees and Consolidated Financial Slatements lor the Year Ended 31 March 2023
Care & Repalr Cardlff And Thè Vale Contents ol tho Consolldated Flnanclal Statements for the Year Ended 31 March 2023 Page Chairp8rson'5 Report 1 to2 Group Report ol the Trustees 310 14 Report of the Independent Audit015 1510 17 Consolidated Staternenl of Flnanolal Aelivllies 18 Con$olidat8d Balance Sheet 19 Consolidated Cash Fk)w Slatgment 20 Not8S to the Gonsolldaled Financlal Stat8rnent8 211030 DO148d CDnsolklal8d Slat8mBnl ol Financial Actlvlties 311032
Caro & RepAlr Cardltt And The Valg Chalrperson's Report for the Year Ended 31 March 2023 Durlng thls year, our elghlh as Care & Repr Cardiff and Ihe Valè, w8 have conllrmed lundlng and consolidated our s9rvi¢es lor the coming ye8rs. With hard work and cofflmlttnent our GhS&l Olll¢er, Rl¢hard Thomas. and hls team hav9 lakgn our Care & Repair from strength lo strength. Staff have settled in lo new homeloffice working arrangomenls whilg visilirg staff in Ihe charity and our tradlng arm havg also ex¢glled In their pers8verance and 118xibility lo provide servlee5 for our ¢llents. My thanks go lo Richard, his tnanag8ment t8am'. Julia Folland, Etnily Laker and Rebecca Thomas,. and the mally other staff members for all their hard work. I would like to particularly thank Craig Hammond, tho trading arm's Op9ralions Manager. and his 18am of wondertully practical muhi-skill&d operallves who solve the problems and gel the lobs done. The staft representallve, Mlchelle Manc1nl. has excelled herself Ihls year and has jointly organi5ed the lir51 staff newsleltèr-11 prowded information lor slalf and lots rnorel W811 tjone Michollo and all the ¢onlrlbulors-, I look forward to reading the nexl one Slalf continu$ 10 bè able to oller housing-rolaled support wilh flexible practical solulions io suit individuals, need5. Technology investments help slafl mak8 It all happ8n, bul It wouldn't b8 8nouoh without our coni5nued flexible'can do, approa¢h- evèryone working together to solve issue5 as they trise. l am proud to have been th& chalrperson ol such a forward-lhinking positive organisalion and I'm immensely proud ol the way staff teams hav8 dgvelop8d over the yeaTS. Rthard and his ieam have grown a seNice lo be commended. Wg all know how varied and challenging our work can be bul a quick look al our service records shows Ihat we sail through tho58 chall6ng8s. leaving a list of sallslled customers in our wake. As usual, thls annual rèport evkIenS the variely ol support that has b8en accessed by so rnany cli8nls throughout the year. It1s a leslamenl to th8 Strength and r85ilience of the slaft team, clearly demonstrai5ng just how ¢apable the organisab'on is as it continues lo thre in aisversity. Regular COVID-19 le$ling has now ended but everyone remalns cautious about any polenllal risk lo Ihemselves and ourcli8nts- old8Tpeople in our ¢ommunltSes. We cannot be Gomplacenl in th8 lac8 ol possible lulure gpidgmlcs incr8ksingly strotched h&allh and soLyal care systems. Our 5ubsldiary 50clal enterprSse, Care & Repair Home Improvement SeNic8S, IS thriwng and ha5 grown over the years,'11 has bengfilled from good lorward-lhinking leadBrship. 11 stands hand-in-hand wSlh the charity,. the on-golng mutual support b8tWe8n th8 organisations serves and beneflts everyone. This year, yel agaln, the ¢harily will gain Irom a substantlal contribution frorn this trading arm which we will, as usual, pul to gDod use in develotyng our $upwrt for th8 rèsklenis ol the city and County ol Cardlll and the Vale ol Glamorgan, Th8 rolo ol Trusi065 has been tested over the past lew years. l arn pl8ased to say that th8 Board has not b88n found wanting. Aswell as ourusual role lo Champion, scruliniso, challeng8 and support the oruanisatlon. Covld and ils allermalh has highlighted the need for a responsive Board lo d81in8 new policies and strategies la gulde management and Ironl-llng staff in th8 n8w ways of worklng. Good govemanc$ doès not lust mean sound financial managem8nt. bul a commltrnentto develop the working framewort( Ihal allows staff lo achieve the goals ol the aggncy in what prov8d to bB a rapidly changIg environment. And, although the charity and ils subsidlary are gov8rn8d 88paralely, we were determlned to mako sure the same support was avallable lo all staff. l and my f8llow trustees were very pleased to welcome Jay Sear to our team this y6ar. Unfortunately. Sleph8n Evans had lo step down due to his other commltmenls and I want kn thank Steph8n lor his conlribulions over the year5 and. of course, I would also liko lo thank all the oth8r Iruslees D8bra R08S8r. Mike Cuddy, Vanessa Mordin and Oonagh Lyons - lor their commitment to the agency. TsleeS have all helped 10 push the organlsalion fOard and tnako posStiv8 dècilons for tho future ol Iho organlsatlon. As I have reporled in earlier annual accounts, Cardiff & the Vale rernains one ol the larg&sl Care & Hepaly organisalions in Wal85. Wg have colllinued lo provide develop ssrvl¢g Options lor older peoplg through th8 ch8rity and its social enterprise. care & Repalr Cardifl and the Vale a well-des8N8d r8PUtalion as a rellable source ol hollslic houslng related support lor oldgr p8opI8 in th8 area. 01 course, the agency do8s not work alone. One of Ihe key laclors In our SUC$$ has been Ihe trusl and appreciation of our partners in national and local authorities. We are parl ol a matrlx ol funding and servic8 aggnci8$ that dernonstfably see us as a valued and Irusled partn8r lo achi8ve their wrns. I thank thetn all for the conlinu8d linancial and 51ralegi¢ support that keeps us activ& in our communit18s. Th8 improvem8nl in our p8rforrn&[e set Out in thls report hopefully lusufi'es their conlinu8d faith in us. Page 1
Care & Repalr Cardlll And The Vale Chalrp8rson's Report for the Year Ended 31 March 2023 We continue to be oplimSstic about expandlng our servlces In the future but, for thls year, it was about ccnsolldatlon and structure, preparing Its for th8 years ah8ad. ensuring maintain our r8pulalion as the sale and liuslgd option wth a rgsS1ient and foctt8S8d skff 18affl rn88ling the housing support nogds of old9r p8opJ8. The shadow ol the Coronavirus pandemic will hang ov8r us lor years as 8lalulory services d8al with their backlogs, bul Cardiff & th8 Va18 Car8 & Repair will cOrnnue to work wlth 5etvic8 partners and th8lr r8feiral ag8nci8S to rn8el Ihe needs of Qui cllenls. We remaln vigllant and ready for whatever the future may bilng. Whatevèr happens the pandem1¢ has nol only laughl us tD Survive but that we Can Ihrlve In dlfllcull elTcumstAnoes. On a personal note, il was wlth grgal r8gret Ihal l fflad8 th8 d8eision lo step down as Chair frorn April 2023 for personal reasons. I have r8li$hed my IiTne wlh Care & Repair Cardiff and the Vale and enjoyed seeing the organisalion grow and thrive. 11 is now a w811-eslablished charity., oplimislic, hopeful and. hopefully, prepared for whatever th8 fuluTO brings. I wish you all tho vèiy bost lor tho lulure. Margat Berry Chair Page 2
Caro & Repaly Cardlff And The Vate Report of the Trustees for the Year Ended 31 March 2023 The Iwslees who are also dlrectors ol the charlly for the purposes ol thg Companles Acl 2006, present Ihelr report wth the financial statements ol the tharity lor the year ended 31 March 2023. The trust&es havg adop18d tho provisions ol Accouniing and Reporting by Chariti85.' Slat8Tllenl of RecumTnendeLI Practice applicable lo charrties preparing their accounts in accordancewith th8 Financlal REwrtlng Standard appli¢ablg n the UK and Repu1¢ ol Ireland IFRS 1021 (effective 1 January 20191. Who are we and wh81 we do Care & Repalr Cardlff and the Valo Is a charllable organisatlon Ihat exlsls lo support older people In Cardlll and th8 Vale of Glamorgan to live in sale, se¢ur8, warm comfortable homes which sult them arKI their lfves and maximises their indèpenden¢e. W8 provide a numbgr of seiCeS that help older people complete repairs, improvements and adaplalions to their homes. throuGh the provision ol expert advlco, supporl and practical as51stance. We help older people wilh works ranglng from very small Itèms such as the repairing of a stnall wat8r18ak or the Insldlation ol handrails Ihrough to malor lobs such as bathroom conversions or r8placing a roof. Key to our succ8S8 in dellvering our servlces is our commltmenl lo providing and delivering holistic. problem-led services that are tailored according to the individual needs ol older p&ople. 0r puipose Our eharltable wip0$8 as set out In In tho objects contained In the company's artlcles ol associalion is.. 'lor the pubir ben8fil, th8 r81ief ol those in need by reason ol age Cardilf and th8 Va18 of Glamoroan, in partl¢ular but not exclusively by the provlsion of houslng adVe and support, Our Vlslon Our v15ion Is that all older people are atAe to Ilve Tn safe. 5e¢ure, warm and comfortable homes whi¢h suits Ihom and thgSr Ilves and maximises Ih8ir independence. Our vision detines how we want our organisation lo be seen externally by older people. partners and lunders.11 is what w9 constantly striv& lo attain and it is our reason for bng. Our vision lulty rellecls the purpose for which OUT ¢harity was set up to further. Our MIs51on Our misslon Is to support older peoplg to r6palr, adapt and malntaln their homas. Our mlsslon Is what wo want to accomplish. Our V8lues Our values arg.. CornpaSOn- We wll providg s&rvic88 that ffleel the individual need5 01 older people. We will support and help older pgoplts to ree Ih8ir prob18mS Accountability- We will lakg our r8sponsibililies seriously and be answerable for our a¢lions. We will be clear about what we can and cannot do. We will provide Inlormallon and explaln what wg did and why Respect- Wè will listen to be respectful ol the rnd5 ol olhers. We will ask what peop18 think ol our plans Excellenc8 - We will slrlve to provide 8xc8118nt Services for 0er people. We wll be clear al)out whats Importanl and what we do. W8 will continuously improvo and learn from our $u¢¢esses and our mistakes Our values deflne what we stand foT, they are our core rules. Our values explain th8 way we do what we do and what peo? can &xpecl frorn us as a customer, a partner or as parl of our learn. Page 3
Car8 & Flepair Cardlff And Th8 Vale Group Report of the TTu$lee$ lor the Year Ended 31 March 2023 Ensuring our work dellvers our purpose and aim8 We have rov4&w our aims. objecllves and actlvlties an¢J looked al what we achieved and the outcomes of our work for the year 8nd8d 31 March 2023. This review looked al the suc¢ess ol our key a¢livilies ancl th8 b&n&lits th8y hav8 brought to older people In Cardiff and Ihe Vale of Glamorgan. The rgvigw has helswd us ensure our airns, objectives and activilles remained focused on our staled purpose. Wè have relerred lo the guidance contained in the Chaiily Commlssion's general guidance on public b&nelit wh8n reviewing our aims and objectives and In annIng our luturg actwilies. The fo¢u$ of our work Our main obj8CtIV8s lorthe y8ar revolved around SUPPDrting older p&ople In CardSff and the Vale of Glamorgan to liv8 Indep88nt1Y In s818, secure, warm and comlorlable homes. To meg1 these objectives, we provided a range of services that supported and helped okjer people lo complete repairs, improvgments and adaptations to their homes. During 202W23 Ihe charity conlinu8d to develop its social 8nterprlse tradlng 5ubsldlary called Care & Repair Home Improvernent Services Ltd IC&RHISI. C&RHIS gxisIS lo piovidè a range ol high qualily bullding works to Support th8 work ol Car8 & Repair Cardilf arKJ thè Vale and help tho charity to achleve Its vislon as well a8 to diversify ils incom8 slr8atn. How our aetlvltles dellver publlc benefil Our main aotlvitles and who we try to help are descrilxd below. All our charitab18 8Cttv1ts8s focus on supporting olderpeople to live independenlly in sale. secure, warm atml cotnfortable home5 and are undertaken tofurther our charllable purpos85 lor lh8 public b8n8fit. Objeciive3 and aims Who used and beneflted from our servl¢es Ourobjools limit Ihe servic9S W8 can provid8 to thos8 okl8r p&ople livlng in Cardiff andtho Vala ol Glamorgan. In Cardill and the Vale of Glamorgan, many old8r people Ie In properties that a in disrepair requiring basi¢ andlor urgent repair. Furthermor8, rnany (swellings conlairi potential risks lo health and wellbeing ol older P80p18. particularly risks Irotn excessivè cold or falls. Oldei pgople are a very diversg group and their requirements 8r8 not homog&nous. Their need5 can be varied and complex. However, the vasl majority of okler people stste they want to remaln livlng Indopendonlly within Ih8ir own homes for as long as possible. In Cardiff and the Vak of Glamorgan, il is 8slimated that there are 168,529 okler people aged 50 years and ovor Ilvlng In the region or some 34V• of Ihg lolal populalion (Source. ONS- Census 2021 Dalal. Our furKllng limits the number of oldgr people w8 can help aTid we experience consistent high levels of demand loi our services. As such. priorily is often given bas8d on an oldsr person's age, clrcum51ances and the nature ol their housing Issu8. Old8rp8opIg are Intogral members ol the commun19S In whlch thèy liv8. By provldlng s8c8S that help old8r people to address houslng Issues as well as other n88ds, w8 are ab18 to h81p m8k8 Ih8ir hoines tnore warfn. cotnlortablè, sale and secure places to liva. This in turn helps Ihern to maintain their independence as wpll as hdps thèm to 'slay pul, In their homes and communiligs. This 18 what older p8opl8 wani. They do not want to move unless they absolul8ty h8V8 to. They want to remaln In their homes and in the communilles in which they live lor as long as possible. The main area5 of our charltable activities are the provision of our casework and t9chnical service and our practic Sarv&s. Thesg actlvilies are d8scrib8d b810w. Pagè 4
Carn & Repalr Cardlff And Thg Val Report of the Trustees for the Year End9d 31 March 2023 Casework and Te¢hnlcal Serv1¢8 Th8 ca58work and technlcal setVK8 pfovKles expert advice. Informatlon and supporl lo older people to help th&tn complete repairs, improvgments and adaplalions to Iheir propèrties. Funded primarily by th8 W8lsh Govemrnent Home Improvement AaencT85 Programrnegrant and Managlng Better grant th8 $8NIc8 8rnployed 17 lull time and part Ilme staff during the period 1 Aprll 2022 to 31 March 2023. The casowort( and technical 8erwce COTnbines social care relaled individual assessm8nt and values linkecf lo dignity. ¢ara and respect, to the technlcal expertise required lor managing building work.11 Is a clliien-cenlr8d and probletn-led seNlce that is basgd on a vlsil to th8 old81 person's homo. As such It relalgs a hurnan assessrnent lo a lechnl¢al assessment of the lived environment, lo provlde a personalised package ol home ItT¥)rOv8ent. The objecilv8 Is to support the old&r person's choice lo remaln Ilvlng In Ihelr own home and in their own communlty lor as Iono as they are able and ehose to do so. The ¢asework and lechnlcal service can assist older people with sourcing fundlng lor necessary works, lor exampl? from grants, loans, trust5 antj charities, etc, as well as provKI8 welfare beneflts, energy efflclency and homg saf8ly advic8. The S8FVIC6 provides expert technical advic8 and support to older people. lor example advising on the need for and the exlenl of repair8, lfflprov8tnenls and adaptatlons., the polenllal cost ol work- assisting with the wovi5ion ol schedules of work.. undertaking tendering procedurgs from lists Of approved builders,. providing clerk of works $ervic8. sile visits and inspections and otteilng advice on comp181ion. We Involve beneli¢laries directly in the delivery ol the service they receive by ensuring it 18ilored accordlNJ to Ihalr needs. Wh8n w8 vSsit 8n older person, our servl¢g Ilslens to what an old8r p8rsoft wants needs and then puls tog8lher a package wtth support to make il happen. This is flexible, so thai il an oklor person does not agree Wlth anyihing Suggest, or 11 their n88ds chang8, th8 services lo thetn change as well. As such. the servlce Is able to recognlse Ihe dlv8r8lly of needs of the Indlvldual and Ihgrelore tallor the s8rvic8 specifically lor Ihem. Some older people rnay just want lo be proviiJed with inlormalion on oplions avallable to thetn and will doolde the way forward th8mselv8s and lake action a¢cordlngly. Others will want greater as51Stance and support to a¢re8s and progress options. Practlcal Setvlc8$ The practical 58rvic85 provide support to older people to help them complete small-s¢ale adaptations and r8pair8 to th81r properties. Funded prltnariFy by th8 Welsh Government Rapid Response Adaplalion Programffle, the Houslng wlth Care grant, Enable gfants and lee income from delivering the Cardrff Council Pr8V8ntaliv8 S6rvlces contract, thg s8rvic8 8rnployed 13 lull lim8 and part time stall during Ihe period 1 April 2022 to 31 March 2023. as w811 as wotk5 wlih a number ol local sp9clalised contractors. Thg pra¢tl¢al service provldas an eflacllve and elli¢ienl, rninor adaptalK)n and repair Service lor older people. The service supports older people to accèlerate dIharg8 from hospllal to a safe and comlortablg home,. prevent inappropriate hospital admission,. promote lh8 well-b8ing of the individual- increase and improve the Indival'S abillty to tna1ntaln an1ndependgnl lIfe$l8,. ieduc8 carè packag6s. The oble¢livgs are lo reduee delayed transfers ol care and tackle preventable acddents withln the horne. which may result in an unnec88sary hospllal admlsslon. The praotl¢al service can assst older people wh a wide range ol small scal& adaplallons and repairs works such as Installing grab rails, hand rails, stair ralEs, keysafes. etc. Works ar8 8ith8rddivered by staff working in the Charity or the Irading sub5Idiary or by local specialised conlractors. Durlng 2022123, the charlly COTltlnued to deliver the Pravenlative Seivlces Cardlll Council contract. This contract expands upon the range and seale of the practical servl¢es prOd8d by the charlty as it InvoSv88 tha provision and Installation of minoradaptalion5 In¢ludlng hand and giab rails,. small ramps.. stair rails,. alterations lo sleps,- ex19rnal rails and r8pairs lo speelalisl 6qulpmenl, el¢. The obj8CtIV8 lor this Iypg ol asslslance Is lo ensure that older, vulnerable see users receive the requir8d low-level preventlltfve interventions, repaii or r8placem8nl of defeclSve adaplalion$ to assist ihern tnainlaln Ihdr lThJependen¢e in their home environtnenls. Page 5
Care & Flepalr Cardlff Anfl The V818 Report ol th8 Tru$to&s for the Year Ended 31 Malch 2023 How we promotg OUT actlvitlts We have 8 Cotnmunicalion siraiegy in placg which seeks to ensur8 that our sarvlees are ac¢essitAe and equilable lo all okjer people within Cardiff and the Vale of Glatnorgan. Our seNlces are made available through promolion to older people. We att9nd and acliv8ty tak8 part in publicity events aimed at older people lo ensure delalls ol Its services are disseminated as lar as posslble. We make every effort to rnak8 information about our seNices available in plac8swh8r8 okler people access a¢ross the region and in the forrnat that makes11 accesslb18 lor th8m. Our statutory. health and thlrd sector partners also carry up to date inlormatlon Ihat promotes our s8rvices. We have bilingual information and in line wilh our Welsh Language Scheme both promote the Welsh languaga arKI fnake service access available through th8 mediutn ol We15h. We us& a variely of methods lo support effecllve communication with Minority Ethni¢ communllles including using int&rpreters. We use a variely ol tnethods lo support 8lfecliv8 comtnunication wlih clients with hearing loss including using sign language. We règularly review and ana1ys& client 5pallal patterns lo largel prornolional activities lo comtnunities that are statistallY underrepresented. We have been developing our online presence through our webslle and social mèdia profi18s, so our clients and referrers can easity ace8SS UP to dale information our SorceS as well as ¢ontact US 81ocironically. Full d8talls ol how we promote our s8rvic8s are contained in the ¢harlty's Communi¢alion Strategy. Page 6
¢ar8 & AepAlr Cardlff And The Vale Group R8port of the Trustees for the Year Ended 31 Mar¢h 2023 A¢hi8vements and Pertormance Rèvl•w of our key achleverngnts and p8rtmanttr Our key achlevements and p8rformance during 2022123 Can be summarised as folbws.. Alms To providg a Casewoik and Technical service (hom8 Ta et H81p8d 3,800 older peoplo, 01 which.. ress We have providgd a Casework arKI Technlcal Sgrvice in Cardill and the Vale of Glamorgan and provided solutions that have improv8d the Indep8nd8nc& of old8r p80pI8. We have.. • helped 3,991 okler p8op18 • visited 1,154 older people and provkled a healihy home assessment, lailoring a s8rvic8 to Ihelr 1rKlivUal needs ¢omplelÈd 722 telephone bas8d healthy home assgssm8nts of the need5 of older people * provided housing infortn81ion and advlce to 2,115 okl&r p80pI8 1,100 older people recelvlng a 'healihy hDmes ¢hed(' home visit assessment pioblem-18d, persOn-tre and Individually taSloredl 700 older 0P18 receiving a 'heallhy hornes check. lel6phone based assesstnenl 2,000 older people re¢elvlng housing information and advice 1,000 work ilerns cornpleted lotalling £800,000 In valufr To address home hazards in the home and 18ducg the lisks lo Ihe w&llbaing ol older peopl8, allowing them to live in comfort, safely & security In pioviding outcomes that Imwove Indepgnden¢g and reduc8 th8 rlsk to h8alth & wellb8ino, we have-. • complgled 2,160 works totalllng £1,253,848 In value • have raised charllable monles In SUPFk)ri ol horne Itnprovement for 146 older people at a value 01 £62,251 inoreased income lor 177 okyer peoje at a ¢omly'ned value of £801,437 p8r annum 100 oldor pèuplo wlll recelve help to access benevolent / chalilable funding lolalli £83,000 lo support the costs ol wo$ 80 older people wlll have Ihelr incom8s increased by £520,000 P8r annum in total To ensure our servlces are high standard, meet the individual needs of thè older paopl8 we saNg and SUPPDrt their independenG8 80% of older peop18 ff1 that th8irw811b8lng and ind8p8nd8nce had been improved FeedbaGk from the older people th81 our Casework and Tgchnl¢al s&rvlc8 h81ped indicates.. • 98% Y91t their ind8p8nd8nc8 and w8llbeing had been Improved. 100Yo would'recOmme our sorvloes lo olhers, 98Vo sakl Ihey were happy wth the works in their homes, 90Vg ol older people would recomrngnd th8 Agency 90°k of older p8op18 happy with works complgtod Page 7
Care & Ropalr Carilllf And The Va18 Group Report of the Trustees for ihe Year Ended 31 March 2023 Achlevements 8nd Pèrformance- cont'd Rgvlew of our kèy ochlevements and partOTmance- conl'd Alms To provKle a practical works servlce Tar 4,500 small adaptation works completed Pro re55 We have facilitated a rapkl r8sponse, small adaptation and minor rèpair schemè for older people in in Cardiff ancl the Vale ol Glamorgan, in partn8r8hip wilh Healih and Soclal S9rvlc8S. Our practical serwce has.. compl8t8d 5,246 works lolalling £890,649 in value works eompleled In average of 12 days • 84% 01 works completed in target timescale 90Yo Df works completed Sn larget limescale (less than 21 days) To onsure our practlcal seNic8s works 9tt8clively to meet the obj8Ctives ol saf8 hospllal discharge and I or prevonling hospllal admissions To en5uro our servlces arè high standard, meet tho individual n88ds of lh8 old8r P90pI8 we sèrvè and support 800 practical works supported safe h05plial dlscharge Our completed works supported.. a sale hospllal discharge in 878 inslanc8s improved safely and s8curily atvj rernoved or reduced hazards1n the home enwrontnenl In 4,368 instances 3,700 pradcal works r8rn0ved or rgduced hazards Sn the hom6 environm8nl 90% 01 older p80plts satlslled with the appolnled Handyperson I conlractor le.g. quality ol work, t4din&ss. tlmekeeping, etcl Feedback from the older people that our practical Serv8 has helped Indl¢ales'. 99Q/y were sat151ied wlth tha appointed HandypBrson I contractor • 9W/p would recomm8nd our seNice5 to others 99% agreed they felt more confldent and Independent go% of older peopl8 would recomme the Agency of old8r peop18 who agreed that they 1881 tnore conlldenl and ind8pend8nt independence To provide an etti8n1 service to delSver the Prev8nlalive SENic&s contract effecllvoly Works compl&tgd in target timesca18120 working tjaysl We have.. ¢omplg18d 1,297 Saf8ty at Home works works completed in average 0128 working days Page 8
Care & Rgpalr Cardlff And Tho V&1& Gioup Report of th8 Trustee5 for th8 Year Endèd 31 March 2023 Feedback Irom older peopl¢ Feedback from older people that we have helped hlghlights how the servlces we provlde has made a real differen¢8. Older people lell us that as a resvll of our activities, Ihey feel safer, more confident, mor& warm and more secur8 undertaking thelr dally a¢livilies in their homes. Overall. 99¥0 ol older people felt mor8 abl8 to retnain living in Ihèir own homes with incr8as8d independence arK£ wellb&ing as a r8suIt ol our activities Iflgure5 obtalned from 975 rgturn8d client sati5factSon surveyg bgtsveen l April 2022 - 31 March 20231. Feedback Ifom our ongoing 8ngagernent with okler people helps us lo conlinuou51y improve and develop our servicos 10 ensure they arg of a high quality and meet the needs of Ihos8 who us8 us. Acros5 our serVe$, 99Y• of older people said th&y would recommend us and 99Yo wer8 Sat15fi8d with tha works they had done. Re¥lgw ol flnanclal posltlon During th8 P8riod In reew, the group r8ceiv8d £3.588.097 In total in¢om8 and sp8nt £3.475,304 in total expendlture. Prlnclpal lundTrng 50ureeg Th8 princlpal funding sources lor tho Charity during the parbd In reviw were by way of grant from Welsh Government, Cardiff and Vale UHB, Cardiff Council, the Vale ol Glamorgan Councll. and National Grid En8rgy Distrib110, as well a5 Income eafned through the delivery ol the Preventalive Servicas contract and other serlices. The charlty also receiv8d funding Irom restrF¢led income on b8half of clients., income from works undertaken.. and donations. The funding received was used1n furtheran¢e ol the objgc1fv9s of th8 charily lo support older people in CardSff and the Val8 of Glamorgan to live Independently in saf8, 58cur@, warm and comfortable homgs Ihrouoh th8 provislon of a range of servlces that helped older peop18 to complete repairs, improvemgnts and adapt81ions to th8ir homes. Llke many organlsalions operadng In the not lor profit sector, our challty fac85 a nurnbgi ol ehallenges and change5 ov&r the coming y&ar. One of ourkey risks surrounds financial su51alnabillty in limes ofthe pandemic. To address Ihis risk, the charity has 8stablish8d a social enterprisg trading subsidiary Ihatwill generate income Ihrough undertaking a varlety of bullding works. The charity is also loon ai sagklng funding from a wider range of pot&nliai pioviders whts would be willing lo support our obJ"ectlves. R888rves Poll¢y The level of reserves that Car9 & R&palr Cardltr and the Valg negds to hok4 Is an impDrtant part ol our Ilnan¢lal management and financial plannlng sliategy. The Irust88s hav8 8xatnined the charity's requiremenls for reseNes Sn Ighl ol th8 main risks lo ihe organisalion. Based on this analysis. the trustees hav? delOped a reserves poll¢y and hav8 calculated that the ¢harlly n8gds lo hold 2742,415 In resetves to manage ¢ash flow. continuity and liability risks as well as any emergency expenditure and monles for expansTon ol 8ervic8S. al th8 31 March 2023, the group held £749.608 in unrestricted general resorves. This is only rnarginally above the target level that the Agency has calGulated that it needs to nunage cash flow, contlnulty and liability rI5k5 as wèll as any emergency 8xp8nditur6 and Monigs for gxpansion of S8[V£S. The tru5teps have agreed to use the exces$18vel of r8sgwes as an'lnnovalion and Dev8loptn8nt' fund tc devtrbp and ulilise services I works lor okler people during th8 forthcomlng year. Page 9
¢8re & Repalr CdIff And Th8 Vale Group Report of tho Trustees for th8 Year Ended 31 March 2023 The Group also hokls four restricted funds, the Client lund- £8.353, Hardship fund - £12.492. the WRRF lund £142,883 and tIE reserves of the subsidiary £0. As atthe 31 Mah 2023. a total or £158,728 was hgld in the r8stricled funds. Funds In Ihe client fund are funds held on b8hall c>f specrfic older people lor payment olworks. Funds in the hardship fund are h8 on behalf of any older person Tequiiing èmergency assistanc8 as d8etned appropriate by the ¢harily. Funds ill the WRRF fund are funds held speclfi¢ally to provKle servic88 for oldor P80ple that are delingd as eligible by the Independent Lwing Service at Cardiff Council. Funds held from the subsldlary repres8nt the amounts gengratad th* are to bè spent on the aclivilies of th8 subsidiary. Plans for the FUr& We plan to oonlinue ddFverfng our casework and technical $8rvica aThJ our pra¢llcal serwc8s over the forthcorning years, During 2023124 we will consolldate and improve lh8 provision and dellvery of our existing S8rvices to Dur cllenls. We will continue lo grow and d8V81op our socS8l enterpr0 trading subsldiary. We feel thalthls wlll enable us to provide a beller servi¢e to old8r p80pI8 as well as provide an opportunity to generale n¢ome lor the charity. We w511 continue to delDierlhe Cardiff Council Preventative Setvice Framework contract. We will dellv8r th8 Nalional Gild Energy Distribution Affordable Warmth contract. We wlll also oxplore options to provid8 n8w and innovallve seN1¢88 whgre approprlale. For exampl&, 8xpanding our Hom? Energy Check project as well a5 developing a Handyperson prole¢l to undgrtak8 C8rtaln small repalrs and 'odd jobs, works. JI of our proposed activities lor th8 future focus on SUPFQrting and hèlping oldei people to repair. adapt and maintain their homes so as they are able to live in saf8, sere, warm arKI ¢Dmlortabl8 hom85 which sults them and Iheir Ilves and tnaximi5es Ihelr independence. A5 such, our proposed aclivilies address the needs ol the cornmuntti8s and dlenlg we serve and fully r8llecls the purpose lor which our charity was sel up to further. AS we go Into the next financial year, thère are a nurnber o181gnlflcant challgnges whlch are Ilk81y to ITnpact on us as a charlly Including the ongoing war in Ukrain8. inflation. cosl of IDiing, labour shortages, austerlty, ststic grant lundlng and potential loss ol key local fundlng 8lr8arns. We wll review our plans and finances on a regular and ongoino basis to try and mitigate any d8v8loping risks that Id impact on Ihg charity and on our provSsion ol servic@s. Governlng document Care & Repalr Cardiff and the Vale is a charitable company lirnlt8d by guarantee, Incorporated on 12 February 2015 and registered as a charity on 9 June 2015. Th& company was eslabllshed under a Memorandum of Assoclation and Is governed und8r its AMlcl6s ol Association. which oulling the objects and powers ol the charity. In the evenl of the company being wound up, the liability DI Ihg memb9rs is lirnited to a sum not exceedlng £1. Re¢rultment and appointmenl ol new Irust¢8S The directors of the oompany are also charity trustees lor Ihg purpos8s of charlly law. All Iiuslees give Iheir tim8 volunlarlly and receive no benefits from the ¢harity. Mr J Wroe, Mr M Thomas, Mr M Cuddy and Mr S Kelly were tho subscrlbers of Care & Repalr Cardiff and th8 Val8'5 Memorandum of Association and were appointed as the liist dir8clors of Ihe company on th8 12 F8bruary 2015. All ol the directors aro membsrs ol the Board ol Trust9es. Undor the requirern8nts ot the Articks of A8sociatlon. one Ihlrd ol Ihe tws188S rnust r8li18 from ollice al each subsequent annual general me&ling. In accordance with the Articl88 of Assoclatlon, the following Trustees r8lired from the Board at th8 annual general meellno ol Ihg eharity held on the 11 October 2022.. Ms M Berry Ms D Rosser Page 10
C¥rs & RepAlr Cardlfl And The Valg Group Report of lh8 Trust8e5 for th8 Y88r Ended 31 March 2023 Th8 folli>wing willing persons wgre appointed al the annual gènèral meollng heky on Ihg 11 Oclob8r 2022 10 act as Trustees: Ms M Berry Ms D Ross8r Ms V Mordln Mr Sleph8n Evans r&signed as trustee of th8 charity on th8 08 November 2022. Mr J Sears was appointed a8 a trustee of the charlly on the 25 January 2023. As al the 31 March 2023. th8 dir6Ctor5 and Irustegs ol Care & Repair Cardiff and th8 Valè waro Mr M Cuddy, Ms D Rosser. Ms M Berry. MS O Lyons, Ms V Mordin and MrJ Sears. Oblectlves and aetlvltles Strueture, Govornan¢e and Managem8nt Onè third ol tho truste88 Inusl then retire from offl¢eal &a¢h subsequ8llt annual general tneeling. The mlnlmum number ol trust88S 18 lour. Th8 charity may tiy ordinary resolulion appoint a porson who is willing 10 act lo be a Irustge. Trustee Inducllon and tialnlng Polentlal trusteas are Invfted to ob$8rv& at rn88tings of the trustees. New Iruslees are invited lo meet with the Chief Ollicer ol Care & Repair Cardiff arKJ the va lo lamiliarise themsglvos with the charity and the context wllhln whlch il op8rat88. This tn88ting cover5 the obligations ol Irustegs,. the main documents whlch sel out the operational framework lor the charity., the aims, obj9cIIvgs and activiti8s of the charity., lundlng and the lalesl budg81 position.. perlorrnanTr.' and future plans and obje¢lwos. A copy ol the charity's Articles ol Association and the Charty Gommission's ouide 'The 98S8nlial trustee, is provlded to new Iiustees alono with links lo all the olher guidance and inlorrnation h81d on the Charity Commlssion's website. Organlsotlonal struclure and how th6 charlty makes declslons Car8 & R8pair Caidill and the Vale has a Board of Tw51ees who tneet al leasl quarterly and are r88ponsible for the strategle dlrecllon and polky of the charity. As at thè 31 March 2023. the Board of Truste8s was comprised ol Iwe trustees from a vari9ty of backgrounds relevant to the hlstory and the woik of th8 charfty. The trustees are responsib18 for en5uiing that the charity is carrying out lis purp058s lor the publlc benelli as well as ensuring performance and Ilnanolal ac¢ounlabilily,' lorrnulating policy and gaining foresight., strategic thlnklng,. and supervislng tnanagomont. A sch8ffl8 of d818galion is in place and day to day responsibility for the management ol the ¢haiity rests with the Chi81 Offlc8r along wllh the Operatlonal Manager, Sanior Caseworkgr and Senlor Adminislralor. To facililate 8ff8ctwe operations, Ihe manaG8ment teatn hlls delegated aulhorily, wilhin terrns ot d818gallon approved by tho Irustgas, for opgralional tnalter5 includlno finae and performance related aclivily. The Chi81 Officer. Operational Manager, Senior Ca8gwork8r and Senlor Admlnistralor attend mgetings of the Board ol Trust88s bul have no votlng rights. Page11
Care & R8palr Cardlff And The Vala Group R8POrt ol the Tru$tee$ for the Yè&r Ended 31 March 2023 Arrangements for solllng pay and ramunorallon ol slafl We hav8 a r8cognised and transparenl pay sch8me which is reviewed on a regular basis. Salari8s for all staft roles are r8Vl8wed against CDmparalor nationJ. regional and local organisallons and this information is used io eslablish a median benchmark salary for 8ach ol the stafl lo$. On an annual bas, th8 Irust88s will del8rffltne whèther any Cost ol Ilving award shoukl be applied lo slafl sala¥ies. This cost of living aw8rd is benchmarked agalnsl pay incr8as88 lor workers In the publlc se¢lor and if awarded, Is appliad from the b8ginning ol thè next financial year. Hel8tion$hip8 Wlth related partles In the pursuit of 0r chaiiiabb oblBclives, thg charity Is guided by both national and h)cal strateg and policy cont8xls for older people and housing. h&alth. social care And well-belng. Furthermore, th8 charity work5 in partn8rship and co-operates with a variety of national and local, slalutory and non-slatulory organisallon5. Risk Management Rlsk plays an ev8ryday part of ca & Hgpair Cardifl and thg Vale's act11y. Manaolng dsk effeclivgly. therefore, is ess8ntial il the chaiity is to achieve ils k8y airns and safeguard Its funds and assets. Th8 Irus16es have giv8n considgfaiion 10 th$ maj'or risks lo which the charity is exposed and are satisfied Ihal syst8tns or prDcedur85 are establlshed in order lo man8ge those rfsks. Thè trustees have develop a rlsk tn8nagemonl strategy whlch ¢ompr188S'. lil regular quarterly revIS of th8 principal risks and uncerlain118S that th8 charily faces lill Ihg 8$tabllshment of pollcles, systems and prwgdur8s lo tnltigale those rlsks Idenlllkd In the quarterly review liiil th8 Smp19m8nlalion ol procedures deslgn8d to rninitn158 or manage any polgnlial impact on th8 charity shoukl those risks malerialise Thls process has Idgntiliod that th8 long term finan¢lal sustanabillty and h8th and s8f8ty managèmont are the major rlsks fa¢ing the charily. Rlsks associated with long term Ilnanclal sustainablllty are being managed through the charlly's plans for Sn¢ome g8n8ration. income dlversilicalion and groyrth strategy as well as through the application of th6 reserves policy. This comprlsas conllnuing to develop th8 chaiily'5 Social enleiprise trading arm Ihal will generate income through undet1aking 8 Varlely of buildlng works.. seeklng funding frorn a wider range ol po18ntial providgrs who would b8 willing lo support our objectives.. and maintsinirvJ the levd of unreslricled general reseNes required. Rlsks associated with h8allh and safely management are Ing rnanag8d by ensuring the charity complies th HSE law and regulations.. has robust heallh and saf9W polici8s and procedures In place,. regularly reviews risk ass&ssrnenls relatlThJ to health and safety.. provl(5es appropriate PP&,' has regular health and safety awargngss training lor stall and maintaSn$ Ils Saf8ty Sch8rnes in Procurement ISSIPI accreditation. Governing document Tho charity Is controlled by ils gov8rning document, a deed of Irusl, aThY constitut88 a Ilmftèd eornpany, limlled by guarantee, as defin8d by th8 Companies Act 2008. Page12
Cart & Repalr C&rdlff And The Vale Group Raport of th8 Trustees for th8 Y8ar Ended 31 March 2023 Reference and admlnlstralive detalls Reglslereil Company numbèr 09437405 lEIand and Walès) Reglstered Charlty number 1182083 Reol$tered offlce Tolven Court Dowlais Aoad Cardlff CF24 5LQ R8f8r8nco and admlnl$lratlve dotalls Trustees Mr M Cuddy Ms D A Rosser Ms M B8rry Ms O Lyons Ms V Mordln Mr J Sears Audltor$ Haln8s Watts Walos LLP Stalulory Audilors 7 N8plune Cjurt Vanguard Way Cardiff CF24 5PJ Page 13
Caro & Repalr Cardlll And Th8 Va18 Group Report of the Tyuslees for th8 Year Ended 31 March 2023 Statement of trugtees responslbllltl8S The trustees (who ar8 also the difectors ol Care & Repair Cardrff And the Vale lor the wrposes of cornpany lawl are rosponsibl8 for prepariw the financial statements in accoidancB with applicable law and Uni18d Sfjngdom Accounlino Slandards (United Kingdom Generally Accepted Accountlng Pra¢tic@l. Company law requlres the Iiuslees to y8par8 Ilnanclal statements lor each fvnandal y8ar which glvo a Iiue and lair view ol th8 State ol altairs of the eharilab18 company and of the incoming r8sourc88 and 8pplication ol resources, IncSudlng the income and expenditure, ol the chailtablg company lor that period. In preparing those Ilnanclal slatemenls, th8 Iru$tees are requlred lo selgct suitab18 aCtI[ pollcles ard then apply th8m COllSlSt8ntty.' obs&rv8 th8 methods and princlples in the Charity SORP., mak& judg8menls and eslimales that are r8asonable and prudent., state wheiher appllcable accountinG Standards have been lolbwed, subject to any material departures disclosed and explained in th8 financial statements., preparè tha linan¢lal statem8nts on thg golng concern basis unl&ss il is inappiopriale to presume th* the charitable company will continue In buslness, The Iruslees arg f9$FK>nsibl8 for keeplng proper accounting records whieh dlsclose with reason8bl& accuracy al any lime th8 financial position ol the charitab18 cornpany and lo enable them to @nsur8 that Ihe financial statem8nts comply with Ihe Companles Act 2006. They are also responsible for safeguarding the assets of th8 ehadtable company and hence lor taklng reasonablo steps lor the piev8nllon and d8t8clion ol fraud and In so lar as the Iru8tee$ ar8 aware.. Ihere is no r818Vant audit informallon of whl¢h lh8 chariiable cotnpany's audltors are unaware. and Ihe Irusle85 have taken all steps that Ih8y OUGhl to have taken lo make Ihemselv8s aware of any r81ev2nt audit infoimatlon and to establish that the auditors are aware ol that infDrmalion. AudÈtor5 The auditors, Haines Watt8 Wales LLP, Stalulory Auditors, will be piowsed lor re-appolntmenl at Ihe lorthcomlry Annual G8n8ral Meelillg. Report of th& trustee5, Ineor cempany diTEclor5, On Inp a trat8gic report, approved by order ol the boaTd of trustses, as the .lo.L3nd signed on Ihe board'8 b8half by.. Tnjstee Pag914
Report of thè Indep8ndent Audltors to the MeTnbers Df Care & Repalr Cardllf And Thg Valo Oplnlon WÈ hava auded the Ivian¢lg1 statn[S of Care & Re1 Carditf ArEd The Vale Ilhe reI tharflaN• COfflPBlly'I and 118 SubSlarY lor the year 8nded 315t March 2023 which ¢offlprise the SlalBtnenl ol Finantial Aclivitses, Ihe Balance Sheet. the Cash Flow Slalem8nl and notes lo th9 flnanclal staiemenls. kncluding 8 Sutnmary of signllicanl accounllng pdicies. The Iinancisl reporting framÉworK that has been 8wll8d in thair pr8paralion Is applleable law and Un lfjngdo AcGounlhg Standards Iunlled Klngdom Generally Accept kncounbru Praclkel. In our oplnlon the linanlyal ststhenls.. gfve a Iruo and falr wewol the slate ol tho group's and parent ch8rilab19 company's allr$ as al 31st March 2022 and ol ils incoming re50ur¢os 8nd application ol resourcÈs, includino ils IrKomg and exp8ndllurg, the yaar then 8nded.. have been property preparad Sn accordance with Unl1 Klnudom G8n8rally Acceptod A(uunllng Pract0.. h8v8 been prepared in awordanc6 wilh the requiremenls of tha CAJmpanl&s kl 2006. Basis fcr oplnlon We conducted our In accordan wilh Internavonal Standards on Audthng IUKI IISAS IUKII and appNcab19 law. Our responsibilitie5 undei those slandards are further descrlbèd In the Audilois. responsibilities for th• audll ol the financial slal8rrenls geclion ol our rèport. We are independ8nl ol Iha chariiatAe compaoy In accoidancè with lh8 ethical requiomenls Ihat are relevanl lo our audiiol the linaKial slalemenls in the UK, IntludSng ihe FRC'S Ethical Slgndèrtl. artd we have lulli118d our other elhicd respDn5ibili118s in accordance wilh thesB requir8m6nls. We believe that the audll 8vldpnce wè have ObEned Is SuffleI and approwiale lo provKle a ba515 lor gur opinltsn. Concluslons relatlng lo golng concern In auditing the Ilnancial stsiemen15. we hav? concluded th* the ITUStees' vse of the golng concern basis ol ac(x)untiNJ in the preparatlon ol the flnanci statements is appwrfale. Bas1 on thB woik wo have pgrform8d. w8 have not IdlIfd any material ertaInlieS relaling to 8verns or condiliony that, Indvldu81ty or Golletrti¥èly, may cast slgnllicanl doubl on Ihè thatllable company's ability to GDntinuè as a going concem lor a pgrfod ol al least 1ve monlh8 from when the Ilnartiat SleMentS are aulhorfsed for i55U8. CAJr rÈspon8lbllk18s and th9 reswnslbllllles ol the IrLte8$ vhlh ie5pecl io uoinu concwn are deSu1b in the relevaTrt seclons of Ihls 18wrt. other1nformatlon Tha Iruslgos are reswnylb19 for the othèr IntoNatIOn. The olhBr Infomiaiion corrprfs9s the Information Included in tho Annual Repotl, other Ihan the financlal 5ts16menis and our Report ol Ihe IndÈpendontAudilors thereon. Ouropinion Dn tho 1kn8ncial stalernenls doo$ rtot cover the olhar Inlorttwllon and, g%cepi 10 the ex18nl olheThMs8 gxpllcllly slated In our report. we do rx)18xpr8ss any form ol assurance concluslon Ihereon. In connÉ¢ik)n wllh our audit of the linandal statemenls. ourreyponslbib'ty Is 10 raad the olher Inforfflalk)n arKI, In dolng so. considerwheiher the other inlorfflation 15 mèlarially Inconslstenl th the Iln8ncid stalemanls or our knowledge oblain in Ihe audit OT 0lheN41se appears to be rnal8rially mlssl818d. 11 we Idenllfy such matsilal Inconsls18ncles or atwaronl maledal Mstalements, wa are required to deleTminÈwhèih8r Ih8r8 Is a material missta19mgnl In the Ihanclal slalements or a mat&rial missl8lementol the olhar inlormalioD.11, based on thè work w8 have perfofmed, we cond8 that th8ré Is a Mattral rnlsslalementof Ihisolher lnlormallon.we ale required lo reportthalfacL We have nothlng lo roportlnthls ragard. Oplnlons on olhermatt?rs pies¢rlbed by the Comp8nle8 A¢1 2006 In ouropnion, based on the work underfaken in tha couis8 ol the audit.. the Inlormalion given in the Report¢l the Trvslees lorlh8flnancial year lorwhich the financi 6iaiÈmonts ale prepared Is conslslenl with the financial Slaiemenls., and the Rèport of th8 Truslees h35 been pFepaf8d In accoidance with aPpIable legal iequlr&ments. Mattgrs on whlch wo are requlred lo report by eKceptlon In the ligll ol the knowledg8 and undeislanding ol Ihp chaiilable company and ils enirironrn8nt obtaln8d In Ihe course ol thè audll, we have Th)1 Wenlllied malarial m1sslaleelS in Ihp RepDri of th8 TrLIee$. Wg have nolhlng 10 report in r&5pecl of Iho follo%ng rnallor$ where the Compani2s Act 2008 requires us lo report lo you adequate accouniino r8cords have not been kept or reluFns adequate lor our audit have not tÉon received Irorn branche5 not vlsiiad by us,. or the financial slalernanls are agreement wllh Ihè a(tounllng records and relurn5.' or certn dlsclosur9y ol trustèès, remuneralioD ypecllied by law ar8 not made., or we hava mi recelved 811 the Infomiatioft and 8xplanalion5 w8 requlre lor tsur audil. Page15
Heport ol Ihe Independenl Auditors to 1hÈ MÈmbèr& of Care & Rep•ir Cgrditl And The V?Ip Regponslbllllles of IriJstee3 As 8xKAalned rnore lully in Ihe Stalemenl ol Trustees, Respon5ibililies. the Iruslees (who also the diiectors ol the chapilable company lor Ihe purposes ol company lawl are responsilje for th8 preparation ol IhB linanclal slal8m&nts and lor bel salisfied that Ih2y give a live and falr v16w, and lor such inleinal colllrol as Ihe Iruslees delerffline 15 necessary lo enable the pieparalion ol linancial slalernenls Ihat frea from mateilal mlsslalemenl. whether due lo fraud or errol. In FY8pailfig Ihe financialsllllemen15, Ihp Iruslees are iesponsibltlorassesslngthe ch8rllable company's ablityloconlinue as a golng concern, dlsclosino, applicable, tnalteT5 ielaled lo yoinu concarn and using the golng concern baS ot actoun&ffj unless the lrtjslees 01lh8r Iniend lo liquKlale Ihe¢harilable companyorlocea5e OFEralions, or have norealslic lernatsve bui 10 do $0. Our rgsponslbllllles for thÈ audll ol the Ilnanelal staloment8 Ouroblgcliv8s aro lo obtain reasonab1eas5uraeab0uf whelherlhefinanclalÈiaiemtnts asawhel8arefra8 from malerlal mlssiatsmeni, wheihor duo io Iraud or error, arKI lo Issue a Report ol the Independeni Aud51ofs Ihai InCdeS our oplnlon. Rgasonabltr assurancè 1$ a hlgh lèvel of assurarKe. but Is not a gvarantao Ihal an audit conducted In accordancè wi ISA5 IUKI wlll atways deiÈ¢i a malar1 mlsstsiemgni when118xlsts. Mlssialemenls can arlse from Itaud or error and are considered malorlal il. IrbdDfldualty or in the aggregala, thèy coukl raasonably bg expected to Influence thg economlc deaslons ol L58ers taken on the basis ol Ihe5tr linancAal stalemBnls. IrrularItI$, Includino fraud, ar8 Insiances ol non-cofflpllgnoe with w$ and rggulabon5. We d8$Jn woc8dures In Ine with our responsiblllli85, oullinÉd abov8, 10 d818Ct malÈlal mls81at8m8nls ID respect 011egulanl1e5, Inoluding fraud. TF exlenl to which our procedures are ¢apab ol dat1n9 Irr&uularili8s, IncludirvJ fraud is dolailed below.. The 6x16nl lo Ythich our tKoceduTes ar9 cgpablo ol d0tlIng Irwoular1118s. Includlng fraud Is delalbd beEow'. Ourplanning procedurès Idènttytha18yal and regulaloryframeworks applicabletothe 0raon5 atKlfln8rtial stgtpm9ni$ ol the group. These are rewewed intemally 1h th8 audll18am hdudlna relevant induslryexperience and expeelations as well as externlY vrilh the client managetnenl. Th8 ktry law$ and r8uu1811on8 W8 considered in this conlexl were Ihg Gompanles Act 2006, Charities Act 2011 releventtsx legiglallon. Once id8nlilled, wt assess the rkS ol malerial misslalemenls in relation lo the w5 and ieoulatlons. Irregulad118S, indudino Iraud and adjusl ourtesling actordlngly. Qui audit pmcedures include.. DL%cussirvJ wilh Twsleesand managernenIwhharea50[Ih Ihey beli&vE lo b¥ mor6 susceptibl8 lo liaud, and whether Ihey have any knowledge or SU5PiGian ol fraudu1 livitiÈS,- ObtaSnlng an underslanthng ol Ihe key controls pul in place by Ihe group to address 1Ssks Id8nlill&d, assessing the eflecliYenes5 ol those and dlscusslng how these are malnlained and monitored internally,. A55esslng the risk ol managpmenl Dver1 and and lesllng ol journal enliie5 made into Ihe accounllng sysiem.. Dlscusslng with Truslees an(t rnanagementlhe legal and regulaloryoNigatlons01 tha bus1n85$ aThJwh8lher they have any knowledge or susplclon ol non Compliae. D8spIIg thg audit bBlw plann£d and conducled In accoidance wlth ISAS IUKI thgre remwn5 an unaV0ab risk Ihal alorlal mlsslalemenls In the linano131 Sl&Mnts may noi b& de18cied owSng to Snher8nl Ilmllab-ons ol the audil, and Ihal Ihdr vgry naluig. any such Inslarws ol fraud or iiregulariiias likèly Invo• colluslon, lorgery, Inlonbonal mlsrèprÈsantsiion, orthe overrlde ol Intern control5. A lurth9r desodption ol our responsibllllles lor tho audit ol ihe Ilnanc&l slalgfflents15 Ioc31ed on Ihp Financi RoKx)rtlng Council's web5119 al sThw.tro.org.uklaudllorsregponslbllllles. Th18 d8sulpllon lorms partol our Report ol Ihg Indep8ndenl AlitOrs. Pago 16
Report ol thg Independoni Audllors to the Members of Care & Rtrpalr Cardlll And The Val8 U88 ol our report rt Is made solely lo thetharilHtAe company's members, as a body, in aGcordartewllh ChaFler 3 01 Part 16ollhe i£È Act 2006. Our audit work ha5 b9en undertaken so Ihat we mlghl slate to the chariiabl8 Company's mefflb8rs Ilerswe are requir6d tosia18 10IMem in audilors'reFX)rt andforno Oiher purposg.Tothg lullesl pxienipermltt* do ml accept or assum8 re8ponslbilily lo anyone olher than thè charllable company and the charltab bers as a body. lor oui dudll work, lor Ihls repDrt, orforthè ophk)n& we have lorrn8d. Compa those rn phen Luw (Senior Stalulory Audilorl lor and on behaKol Haines Watts Wales LLP. Slalulory Aor& 7 Naplune Court Vanguard Way Cardiff CF24 SPJ Page 17
Care & Repalr Cardlff And Th8 Va18 Consolld8led StBternenl of Flnancl81 A¢tlvltles Iln¢orporatlng an Income and Expendltulg Account) for the Yèar Ended 31 March 2023 2023 R8strlded Total funds funds 2D22 Total funds unT88trr8d fund Notas Income and endowments from Donations and legacies Charltable actlvltlg8 Care & Repair 3,317,705 263,525 3,581,240 2,447.626 Olher In0 6.857 6,857 8,689 Totol 3,324.562 263,535 3,588,097 2.458.315 Expendlture on Raising funds Charltab18 actlvltle8 Care & Repair 3,202,605 272 699 3 475,304 2.283.291 Total 3,202,605 272,699 3,475,304 2.283.291 Net Incomellexpendlturel 121,957 19,1641 112.791 173.024 Recon¢1118tion of funds Tol81 tund8 brought lorw&rd 633.181 162.364 795,545 622,521 Total funds carrled forward 755 138 153,200 908.336 795 545 Contlnulng operatlons I Income and èxpgndilurg has ar158n from contlnulng act[tIeS. The notes form p8rt of these financial statemenls Page 18
Care & Repalr Cardlll And The Vale Company Number.. 09437405 Consolldated Balanc8 Sh88t At 31 March 2023 Group Charity 2023 2022 2023 2022 Noles Flxed Assels Inveslrnenls 301,528 250,000 301.528 250.000 Curr8nt asgeis Slod D8blors Cash at bank 52,060 394,125 39,877 198,819 430 704 13 481.751 252,849 366 201 835,394 869,400 743,262 619,050 Credltors Amounts falling due within one year 14 1228,5861 1123,8551 1136,4531 173.5041 Ng1 current hssets 606,809 369 050 rotal agsets les$ currènt Ilabllltles 908.336 795,545 908,337 795,545 Net asset8 908 337 795,545 Funds Unr8slnct8dfvnds.' Parent Subsidiary Company Reslrictedlunds.. Parent Subsidiary Company 16 749,608 629,192 158,728 166,353 Total fund$ 795,545 Th8 finanal statemènts were approved by Ihe Board ol Trustees on sioned on ils behalf by.. 16 i3 and were Twst88 Tho notes form part ol th888 financial 5taletnenls Page 19
Care & Repalr Cardllf And Th8 Vale Consolidated C#sh Flow Stalement lor Ihe Year Ended 31 March 2023 2023 2022 Note5 Cash flows from oporatlng acllvltles Cash Ilows from op8ratlnu actlvltle$ Cash oenerated frotn operallons 19 Net Cash provided by operafjng aellvlllgs Cash flows from Invesling activiti8S Purchase ol Ilxed asset Invesltnents 1250,000 Net cash lusod inllprovK18d by invesllng activit185 515281 250,0001 Change In ¢a$h and cash 8qulvalents In the reportlng perlod Cash and cash equivalents at the beglnnlng of the reporllng parlod 141,4961 171,161 601, Cash and cash equlvalen15 al the end of the reportlng period 889 209 Tha notes form part of Ih05& linanc¥al slatements Page 20
Care & Repalr Cordllt And The Val8 Notes to the Consolldated Financlal Statèments for the Year Ended 31 MArch 2023 Accounllng policies Basis of preparlng the Ilnancial statèments The financial slalernenls ol the charilable group, which is a public benefit entlty under FRS 102, have been prepared in accordance with the Chariligs SORP IFRS 1021 Accounting and R9porling by Charities.. Slatemanl ol Recotnmended Practice applicable to charilles preparlng Ih8ir accounts Sn accordance with the Finaneial Repcirling Standard applicable in the UK and RepLJblrc of Ir81and IFRS 102118ffective 1 January 20191., Financial Reporting standard 102'Tho Financlal R8portino Standard applicabl8 in th8 UK and Republic of Ireland, and Ihe Companles Act 2006. The linallcial slètements have been prepad under the hislorlcal cost conventlon. Basls of con$olldallDn The consolSdated sla18m8nls of the Group Incorporate th8 fSnancial siatemenls ol Care & Fiepair Cardiff and the Vale and its subsidiary undertaking. whi¢h is made up to 31 March 2023. No separa18 company Slatgmenl ol Financial Activi116s ISOFAI has b&gn pr8par8d for the Charlty as permitted by Section 408 of the Comp8nSes Act 2006 and parauraph 24.37 of thè SORP. Subsldlary undertaklng The charlly has a subsidiary, Care & Repalr Home Improvgrngnt S8rvices Ltd, company number 10541156, a company limi18d by guarantee whl¢h is incorporated in the UK and bas al the sam& registered ollic8 as ils par8nt. Gare & Repair Cardlll and the Vale has control over the subsidiary by way ol ils Board and Trustees. The results for th8 yèar endlng 31 March 2023 w&rg turnover of £1,012.003, 8xpenditure 01 £888,279 giving profit of £128.730. During Ih? year, the subsidiary donated its taxabl& profits or £128,730 as gbft aid whlch has subsequently been ellmlnat8d on consolldalion. Inc0rn8 Donations are recognised wh8r8 there Is enlllement. certalnty ol r8Balpt and tho amount can be mgasured with suflici8nt r81iability. l income is r8coJnised in the Statement of Financial ActNitie5 one& tho charity has entillgtn8nl to th& lunds, It Is probab18 that the income will be rec81V8d arKI the atnounl can be measured reliabty. Any lunding 51reams whrh in¢orryvate both a granl loan element will b& aPPDrtloned In line wlth th8 undèrlylng agregmenl. Deferred Income repr8S8llls aFnounts re¢efved forfulure p8ri0ds aNI is released to Incomlng re$ourc88 In the peilod which St r91ales to. Exp8ndltura abilit18s are recognlsed as exp9ndllurg as soon as there Is a legal or constructive obllgatlon ¢ommitting the chaTity to that expenditure. il is probaue that a transfer of econotnic benefits wlll be r9quir8d in settlement and th8 amount of the obligation ¢an b& m8asur8d reli8bly. Expenditure is ounted for on an accrual$ basis and has been olasslliod under headings that aggregat? all cost related lo the category. Where costs cannot be directly attributed lo particular headings they hav8 b88n allocated to aclivllies on a basis conslstgnl wllh th8 use of r8sourco5. Investments Investm8nts havè b60n elassllled as f1X8d a&881 invrnents and are measured at market vaue at the balance sheet dale. Any galns and losses on re-measuremenl are recognk88d In lh8 profft or loss for the perlod. sto¢k$ stocks are valued al Ihe lower ol cost and n81 r8alisab18 value, after maklng due allowance for obsolets and slow tno¥lrKJ ilems. Page 21
Notes lo the Consolldated Flnancial Statements. eontlnue(I tor the Y¢ar Ended 31 March 2023 Accountlng pollel89. conl Taxatlon The is exernpt from corpor8titsn tAx on lis charitable aclivili8S. Funil accountlng Llnrestricled funds can bè In aordanc0 with Ihé charitable oblecllves at Ihg dlscretion of tha Iruslees. R8slrict8d fund5 can only be used for partlcular reslrleled purposes wlthln th8 oblocls ol the charity. R8slriction$ èrlse when speafied by the donor or when funds are raised tor partleular restricted purposè5. Further explanatlon of the nature and pUoSe ol each fund is included In the notes to the linancial statements. Relaled party 8xemptlon The company has taken advantage of exetnplion, under the temis ol Financial R8pDrtlng Standard 102'The Financial Reportlng Standard applicable in the UK and Republic ol Ireland,. not to dlsclos8 related party transactions with wholly owned subsidiaries wthin Ihe group. Pènslon costs and oth?r po$t.rotlrement benefils The charitable cornpany operates a deflned contrlbullon p8nslon scheme. Conlrlbulions payable 10 t charitable Company's pension Scheme are charged to the Statement ol Financial A1VitieS in the pèrKKI to which they rglat8. Deblors, credltors and ¢ash Current asset5 and Ilabillties. including cash held at bank are recognisgd al cost 01 valuation as at th8 year end. Oper8ting le8883 Rentals payab18 under operabny aSe5 ar8 charged in the statement ol financial 8Ctivit18s on a straight line basls ov8r th* torm ol thg leasg. Donallons and lega¢Èe8 23 2022 Dgnatlong Page 22
Care & Repalr Cardlfl And The Vale Notes to the Consolldatod Flnanclal Statements. continued for the Year Ended 31 March 2023 In¢ome from charltable actlvltleg 2023 2022 Acllvlty Care & Repalr Care & Repair Gare & Repair Care & Repalr Care & Repair Works Incorne Client Fund Income WRRF Fund Income Grant5 Othèr Fund In¢orn 1,283.411 189,155 510,938 1,590,269 1.512 766,538 211,891 40,495 1.428,702 3 $75 285 2 447 626 Grants r91ved, Included In th8 above, are as follows.. 2023 2022 We18h Governmenl Homa Improvement Grant Welsh Government RRAP Capltal Grant Welsh Government RRAP Revenue Grant Welsh Governtnent Hospllal lo Healthier Home Revenue Grant Warm and Sale Partnership Projecl Gianl ICF Project Grant Enable Grants Big lottery Nalional Gr Ele¢tricity Disiributlon Managing bell&r COVID-19 JRS Grant Health & Social Care WSnt8r Pr8S5ure Grant Other granls Moondance Prole¢t Grant Assura Communlty Fund Grydnt Hotne Energy Check Project Houslng wllh Care Fund Grant VOG Carers Grant VOG Small Adap18tion & Sensory Woth5 470.677 279,730 416,033 232,999 10,154 7.28D 200.ODD 281.526 335,912 125,WO 49,6 125.000 42,991 1,394 84,500 46,825 19.889 15.000 5,000 10,076 275,000 3,355 794 1590 269 1428 702 During the perfod the group r8C8ived grant Income of E1,590,26912022- £f,428,7021 from national and local governrnents in order to achleve ils ¢harilabl8 oblectlves. R8ising funds other tTadlng acllvltlgs 2023 2022 Trustees, expgnses Pace 23
C8r8 & Repalr Cardlfl And The Vale Note3 to tha Consolldated Flnanclal Statgrn8nts- conflnued tor th8 Year End8d 31 March 2023 Charlt8blg OCtlvlllo$ eosts Grant funding of Support activities costs (See note 61 (See note 71 Dlrecl costs Totals Care & Repair 3,367 488 90.000 3474610 Support ¢0818 Support costs include costs ol the preparation alld audlt ol the statutory accotsnt5 a5 wdl as other legal and consuttanoy fees. Grants payable 2023 2022 Carg & Repalr 90,000 90,000 Durlng lh8 y8ar, the charlty pald grants lo other ca & Repalr institutions of £90,00012072.' £90,0001 rdatlng lo the Westem Power PSR project. Not Incomellexpendlturel Net lncome1lexp8ndtUrel 15 Staled after chargin[credingl. 2023 2022 Auditor5. remuneration Other oporatinglgases 8,400 8,400 22.000 Trustees. remuneratlon and benèllts There were no truslees, remuneratlon or oth8r ben8fi15 for the Year Ended 31 March 2023 nor for the year end8d 31 March 2022. Truste83' èxpènsas 2023 2022 Trustees, expgnsgs stall costg During the p9ri0d r8mun8ration of £96,58412022- £91,222) was pald to key manag8ment personnel. The averag8 rnonlhty number ol employ98s during tho year was as follows.. 2023 38 2022 35 Service No èmployegs rec81V8d amoluments In ex¢ess of £80,000. continued... Page 24
C8re & Repalr Cardlff And The Val• Notes to thè Consolldaled FlnanclAI Statemenl$- conflnued toy the Year Ended 31 March 2023 10. Comparatlveg for the consolk18ted 8tat8meni flnanclal o¢tlvlll•$ Unresblcted fund Restricted Total funds funds Ineome and endowm8nts from Donations and legacies Charllable a¢llvltles Care & Repair 2.183,484 4,142 2,447.626 Olh8r Incotna Total 2,192,173 284,142 2,456.315 Expendllur• on Raising funds Charltaljle actlvltles Car8 & Repair 2,025,689 257.802 2,283,291 Total 2 025,689 2 283 291 Net Incomel{expenditura) 166,4e4 6,540 173,024 Total fund$ brought lorward 466,697 155,824 622,521 Total funds ¢arrled forward 11. Flxed asset Investmenls Unllst8d investments Group and Company Market value Cost brought forward Additions 250,000 Net book valua Al 31 March 2023 301,528 Al 31 March 2022 250 000- Th8r8 w6ra no investrn9nl assets outside the UK. 12. stock Group Company 2023 2023 2022 2022 Slock 39,877 39,877 conUnu8d... Page 26
Cfire & Hepalr Cardlff And The Vale Noles to tho FSnan¢lal Slatement$- contlnu8d forthe Year Ended 31 March 2023 13. Debtors: amounts falllng du• wlthln one year Group Compony 2023 2023 2022 2022 Trade debtors Prepayments and accrued income VAT Amounts owed from group undertakings 372,922 12,679 8,524 136.720 62,099 340.342 12,679 1YJ,634 62.099 128730 394 125 198819 481751 267215 14. Cr8dltors'. amoun1$ lalllng due wllhln ono year Group Cornpany 2023 2023 2023 2022 Trade ¢redliors Amounts owed lo group undertaklnus Social security and other taxes Other cr6dltors VAT Accruals and deferred incorne 75,004 19.312 22,184 53,11S 26.623 47.095 42,102 19,312 15,088 8,973 26,623 32,901 14,905 12,414 1,176 14,499 17,297 14,598 28,363 9,887 23,912 228,586 123855 87,870 15. Leaslng agr8omgn15 hlinirnutn lease payments und8T non-c8ncellAble operating base8 fa11 du8 a5 follows.. 2023 2022 Imthln one year Between on8 and fN8 years In mor8 Ihan fiv8 years 95,338 60,581 32,224 45,292 155919 R&nlals pay8ble under operating lea898 are charged In the profit and loss account on a stralght line basls ov8r tho loase term. During th8 P8riod. r8ntal1gase payments of £73.90812022.' £57,076) have ten recognlsed as an expense. Pa98 27
Gare & Aepalr Cgrdlff And The Val8 Notes to the Flnanclal Stslernent5. contlnued for the Ye8r Ended 31 Mgrch 2023 16. Movement In funds Nel movetnent in lutvjs Transl8rs beeell funds At 1.4.22 At 31.3.23 Unrestrl¢ted fund8 General fund 629,191 217,195 196.7781 749,608 Reslricled lunds Cli8nt Fund Warranty, Flepair and Replacem8nl Fund IWRRFI HardshSp Fund Slr Ggorg8 E8rl8 HaTdshlp Funds Resllicled WG HIA Grant Restrlct8d WG RRAP Capllal Grarrt DesiGnated Funds 12,517 142,883 19,1641 3,353 142,883 8.911 2.042 3,580 12,0421 134,6881 12,492 182,0831 166,354 1104,4041 96,778 158,728 TOTAL FUNDS 795 545 112791 Net movem9nl In funds, Included In th8 above are as follows.. Incoming resources Resources Movgm8nt in expendad fut5 Unmstrlcted funds General fund 2,233,209 12,016.0141 217,195 Hgslrlclgd funds Client Fund Warranty. Rep8ir and Replac8rn8nt Fund IWRRfl 139.921 510.938 1149,0851 19,1641 1510,93BI i£.sooi 17,0981 12,0421 1505,3651 1279,7371 Hill Snook Hardship fund SIT GeoTge Earle Hardship Funds Restricted WG HIA Grant Restricted WG RRAP Capltal Giant DeSnated Funds 2,500 10,678 3,580 12,0421 134.6881 171 470,677 279,730 1,414,444 11,518,848) 1104,4041 TOTAL FUNDS Page 28
Care & Repalr Cardlfl And The VBle Notas to the Flnanclal St8tements- conllnu8d l¢Jr the Year Ended 31 March 2022 16. Move¥n8nl in funds- eontlnued coMratIV? yoAr Net mov2Tnenl In funds Transfers between funds At 1.4.21 At 31.3.22 UnreBtrfcted funds Gen8ral fund 466,696 162,496 629,192 Restrleted funds Glient Fund Warranty, Repar and Replac8rn8nt Fund 5.977 6.540 12,517 IWRRFI 142,883 142,883 2,042 8,911 St G8orGe EIe Hardship Fund Hardship lund 2.042 1.946 6,965 155,B25 10,58 166,353 TOTAL FUNDS 173024 795,545 Net movwnenl in funds. induded in the above a as follows: Incoming r880urce8 R8source5 Movement In expended funds Unrèstrlcted fundg General fund 2,259.903 12,097,411) 162.498 Reslrl¢ted funds Client Fund Warranty, R8palr and Rèplacemeni Fund IWRRFI 211,891 40,495 1205,3511 140,4951 6,540 Hill Snook Hard5hlp ftJrKJ Sir George Earfe Hardship Funds 2,498 5.528 12,4981 13,5821 1,946 2.042 265412 254 884 10.528 TOTAL FUNDS 2,525,315 12,352,291) 173.024 General funds a available for Ihe use at the trSleeS. di5crel(on In lurtherancg ol the obj8¢tThi8s of thè Charity. Cllenl funds Hardship funds are held on behalf of specific clients where money has been ralsed towards ¢ornpL9ting works on thelr behalf. The money is raised from charitab18 organisallons, donations and lund raislng acllvi119s and is h81d to b8 SP8nl on sp8cilic highlvjhlod Issues. Pag8 29
Care & Repalr Cardlff And The Vale Notes to the Fln8nclal Stat&m8nts- contlnued for the Year Ended 31 March 2023 16. Movement In lundg- contSnued Warranty, Repair and Replacernent Fund IWRRFI i8 held sp8cilically to provlde servlces lor clients that are delin8d as elig9 by the IndaperKJenl Livlng Servic8 al Cardill Council. Th8 Hill SnoDk Fund are held on behalf ol any client quIrIng emergoncy as$islanc9 as deemed appropriate by the Agency becaus9 01 monles donated Irom tha Hlll Snook Fund via Cardiff and Va18 Age Connects. Carg & Repalr Horn8 Improv8ment Serylees Is the subsldlary whosg rè$uFts arè rocognlsed In the Consolidated r&sults. Their reserves are Strted lo the projects being completed by them. 17. Aelnled p¥rty dlselosure9 Th8 Group have laken advantage of 8xetnpl10, under Ihe tgrnTrs ol Financial R8Wrting Standard FFIS102'The Financial Reporting Standard appllcable In the UK and R8publlc of Ir81and', not to dlsdose related party Iiansaclions with wholly owned subsidiaries within the aroup. Outsid8 of group transaction5, theie were no related party tranSaCtn5 for the year ended 31 March 2023. 18. Penslon commltments The charty op&rAtes a defined ContritIOn penslon sch8m9. The pgnsion wsl charg8 for the poriod represents ¢ontribulions payable by the chailtable group lo Ihe scheme and amounted lo £39,880 12022.. £39,880). 19. Recgn¢lllatlon of n•t sn¢omellexpendlturel to net cayh flow Irom operatlng a¢tlvltles 2023 2022 Not Incomellexpendllurel for th8 reportlng perlod las per the statement of flnanclal 8Ctlvltlos1 Adluslments for: Decieas8 I Ilncr8as81 in stock D8CT8a88 1 Ilncreasel In deblors IDecTeasel I Increase In creditors 112.791 173.024 112.1831 1195,3061 110.8701 168,3431 104,730 114,9721 N81 cash prOded by (used inl op8ratlng actleS 10.032 Analysis of chang85 In nel funds Al 1.4.22 Cash flow At 31.3.23 Net Cash Cash at bank 430,704 389.209 Tolal 41.495 389,209 Page 30
Care & Repalr C8Tdlfl And The Vale Dotalled Consolldaled Statement of Flnan¢lal Acllvlties lor th8 Year Ended 31 March 2023 2023 2022 Income and endowrnents Donatlons and 18gacl85 DonaliDns Chaiitabla actlvlllgs Works In¢ome Client Fund In¢ome WRRF Fund Income Grants 1,928.448 151.587 510,938 1.5gD,269 766,$38 211,891 40,495 1,428,702 3 580 546 2 447 626 Othgr Income Other income Gift Aid 61,297 54,4421 8,689 Tolal Incomlng resources 3,588,095 2,4S6,315 Expendlture Raising funds Trusiees. expore$ Expendlture Goneral Wages So¢ial swurity Penslons Rent Insurance Telophon& Poslage and slalionery Sundries Travel and rnolor Employ88 benefits Training and conference lees Subscriptions Recruitment Malerials and equlpment Gomputei Costs Clolh1ng Costs Flepalrs and R8newals Storage costs Contractor costs C118nt fund expendllure Preventallve services Grants to institutions 965.007 89,397 43,091 22,000 19.492 59.000 7,658 18,750 112,196 4,334 3,633 847,992 73.025 39.822 22.000 16.760 33.090 5,546 8.907 70,864 3,844 5,845 1,189 3,127 126,777 1,264 918 93 110,659 594 3,153 YO,105 7,553 597.2e9 662.068 629,990 90.000 8,708 430.616 248,338 222,473 90,000 3,457,084 2,261.084 Thk8 page does nol loim part of lh9 8tatulory linanclal slalernents Page 31
Carè & Repalr Cardlff And Tha V818 Detalled Statement of Financlol A¢tlvltles for th8 Year Ended 31 March 2023 Support costs 2023 2022 Flnanog Bank char 1.098 876 Governancè costs AudtorS. retnuneration Lega] and prolesslonal le88 8,400 8,722 8,400 12,931 18,220 22,207 Tolal resour¢e$ exp8nd8d 3,475.304 2,283,291 Net lexp8ndbturellln¢ome 112791 173.024 This pag8 do85 nol form part of the slatutory finarKial statements Page 32