EROSH
(Registered charity, number 1165109) Financial statements for the year ended 31 December 2022
| Page | Contents |
|---|---|
| 2 - 4 | Trustees’ annual report |
| 5 | Independent examiner’s report |
| 6 | Receipts & payments account |
| 7 | Statement of assets & liabilities |
| 8 | Notes to the accounts |
EROSH Trustees’ annual report for the year ended 31 December 2022
Full name EROSH
Organisation type Charitable incorporated organisation
Registered charity number 1165109
Principal address PO Box 127, Pontypridd, CF37 9FF
Trustees
Ann Karas, Chair Trudy Hawkins, Vice Chair Karen Palmer, Treasurer Chris Jones Emma Quansah Christopher Thomas, from 03/05/22 Joy Smith, from 03/05/22 Christopher Stephens, from 03/05/22 Lucy Hales, until 02/05/23 Emma McPherson, until 08/11/22 Ken Johnson, until 02/08/22
Independent examiner
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
Governance and management
The charity is operated under the rules of its constitution CIO – Association registered 8 January 2016.
We advertise for expressions of interest for erosh trustees on our website, LinkedIn, charity jobs, social media channels.
We have a document for all prospective trustees to read "Your guide to being an erosh trustee" which explains about who we are and the role of a trustee. An application is submitted by prospective trustees and applications are discussed at Trustees’ meetings and Trustees are appointed from here for a period of 3 years.
Objectives and activities
Erosh has two overarching objectives:
-
Promoting the education of the public in the provision of older persons housing and services in order to relieve the needs of older people;
-
To relieve the needs of older people by promoting the effective use of resources by charities and non-charitable organisations with the older persons housing and support sector.
2
EROSH
Public benefit statement
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
Summary of the main activities undertaken for the public benefit
We champion good quality older people's housing and support and provide practical resources for those working with older people and their service manager. We have our own Code of Practice enabling sheltered and supported housing providers to demonstrate the quality of their services against nationally recognised standards.
We have national and regional networks which give members the opportunity to be more actively involved at a local level.
Disseminate good practice.
Celebrate housing with care and support for older people.
These activities benefit the public by raised awareness of the value and benefits of older people's housing so that older people and their families are aware of options available to them.
Influence joint working at all levels to ensure the best use of resources, helping to save money for health and social care.
Promoting sheltered and retirement housing schemes as community hubs to make the best use of resources and help reduce social isolation and loneliness.
Encouraging providers to proactively involve service users in decisions relating to the design, delivery and development of their services.
Promoting services that are person centred and promote empowerment, independence and choice.
Housing for older people is designed to meet older people's current and future needs. Housing and services for older people is affordable, accessible, inclusive and nondiscriminatory.
Services comply with nationally recognised quality standards.
Staff working with older people are appropriately qualified, formally inducted and regularly trained to ensure they are up to date and comply with professional standards.
Summary of the main achievements during the period
-
Producing good practice guides and briefings e.g. Digital engagement, Lessons learnt from the pandemic for supporting people with dementia.
-
Code of Practice workshops.
-
E-zine features, e-shots and social media.
-
Programme of network events.
The charity’s policy on reserves
The trustees approved a reserves policy of holding a minimum of 3 months annual budgeted expenditure.
Financial risks
Fall in susbcription income not offset by cost reduction.
3
EROSH
EROSH Chair’s Report
2022 has been a year of change both in activities and people. It has been a positive year for erosh members as older people’s housing resume pre-pandemic service delivery, ensuring that safeguarding and loneliness concerns are being comprehensively addressed.
We continue to support sheltered and retirement housing providers and their staff through our web-based resources including good practice guides and case studies, policy briefings, our members’ forum, as well as our virtual national and local networking opportunities.
Our Code of Practice goes from strength to strength and is constantly under review to ensure its relevance and benefit to the sector. Providers continue to appreciate the benefits of using a national accreditation framework to ‘stand out from the crowd’ and to demonstrate - to residents, potential residents, staff, and other stakeholders - just how good their accommodation and services for older people are.
On the erosh core team, we have had some changes. Rebecca Mollart who has been CEO for over 12 years has stepped down from that role, she will continue to contribute to erosh instead in a newly created Policy & Research role, something we have been lacking to date. Our new CEO, Tricia Goan, brings a wealth of experience as an older people’s housing professional of many years’ standing in a variety of senior positions.
The rest of the team continue to provide great professional support to the board of trustees.
Speaking of which, I’d like to end by thanking our trustees, the old and the relatively new. All genuinely a pleasure to work alongside We continue to look for new talent and expertise, so if you think you may want to ‘give it a go’ as an erosh trustee, please let Rena know via info@erosh.co.uk – we’d be very glad to hear from you!
Signed on behalf of the charity’s trustees: Signed ______ Date _ 23/06/2023 Ann Karas, Trustee
4
Independent examiner’s report to the trustees of EROSH for the year ended 31 December 2022
I report to the trustees on my examination of the accounts of EROSH (the charity) for the year ended 31 December 2022.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed ____ Date _______ 23/06/2023 John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
5
EROSH Receipts & payments account for the year ended 31 December 2022
| 2021 £ Receipts 53301 Membership subscriptions 21985 Code of Practice income 1800 Conference, sponsorship & training 6 Bank interest - Consultancy fees & assessments 77092 Total receipts Payments Direct costs 6999 Marketing & PR 19517 Consultancy - policy & projects 6544 Business Development 15028 Code of Practice Support costs 14400 Administrator 2898 Website & IT 126 Telephone 417 Printing, postage & stationery 2500 Good Practice Guides 504 Subscriptions 151 Insurance - Travel & subsistence 96 Bank charges 100 Sundry expenses Governance costs 1220 Independent examiner's fee - Legal & professional 70500 Total payments 6592 Net receipts/(payments) 64132 Cash funds at start of this period 70724 Cash funds at end of this period |
2022 £ 54444 30688 - 25 7185 |
|---|---|
| 92342 | |
| 1665 21033 11410 25597 10390 1154 162 414 1500 571 151 92 78 1307 720 1560 |
|
| 77804 | |
| 14538 70724 |
|
| 85262 |
6
EROSH Statement of assets and liabilities at 31 December 2022
| 2021 £ Cash assets Note 70724 Bank accounts 70724 Other monetary assets 2271 Debtors - Membership subscriptions 8834 Debtors - Code of Practice income 38 Prepayment - Insurance 11143 Liabilities (8627) Creditors 2 (1579) Advance receipts - Membership subscriptions (10206) |
2022 £ 85262 |
|---|---|
| 85262 | |
| - - 38 |
|
| 38 | |
| (8575) - |
|
| (8575) |
These financial statements are accepted on behalf of the charity by:
Signed _____ Dated _____ 23/06/23 Karen Palmer, Trustee
7
EROSH Notes to the accounts for the year ended 31 December 2022
1. Receipts & payments accounts
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
2. Creditors
| Independent examiner's fee Consultancy - policy & projects Business Development Code of Practice Administrator Travel & subsistence |
£ 756 1750 1800 3611 630 28 |
|---|---|
| 8575 |
3. Trustees’ remuneration
Trustees received no expenses, remuneration or benefits in this period.
4. Related party transactions
There were no related party transactions in this period.
5. Glossary of terms
Advance receipts: These are amounts received by the charity in the accounting period, for use in a future period.
Creditors: These are amounts owed by the charity, but not paid during the accounting period.
Debtors: These are amounts owed to the charity, but not received in the accounting period.
Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.
8