## **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:
1. Promoting the education of the public in the provision of older persons housing and services in order to relieve the needs of older people;
2. 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.
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## **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.
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## **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
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## **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:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. 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
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## **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**|
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## **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
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## **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.
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