## **EROSH**
(Registered charity, number 1165109) **Financial statements for the year ended 31 December 2023**
|**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 2023**
## **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 Emily Lewis, Treasurer, from 31/10/23 Chris Jones Emma Quansah Christopher Thomas Christopher Stephens Amanda Cutbill-Sims, from 04/08/23 Joy Smith, until 31/10/23 Karen Palmer, until 31/10/23
## **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.
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.
## **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 Chalrfs Report 2023
2023 has fithvn by. various thanges to re in ix)th activities and people here *
Our *rKk to supm sheher8d and rets'remenl Using providets and 1r staff
conlinues, through (yjr web-based resLMJrces induding good practice guides and case
studies, policy briefings and OUT members. forum. Our plans for 2024 indude a
programme of work lo enhance the profrfe of our virtual. and increasingly in-perS(.
lo netW(king OPFK)rtunitss.
Our lot¥JstarKling Code of Practice was relaunched in 2023 as the Independent Living
Stsndards (ILS) ac(xedilation and c)'nueS to attract inleresl and plaudits from the
varied organisations it supports and inspects. We keep it constantly under review to
ertsure its fotward-thinking relevance to the sector. Providefs continue to appreciate
the beneffts of using a national accredstation framewort( to demonstrate the quality of
treir acc0mndati0n and services for older people are.
On the erosh m team this trear, we were very pleased to welcome Rebecca Mollart
back as CEO. an extemal appointment to the role sadly not having worked out.
Thankfully. Rebecca has retumed InVorated and she - along with the rest of the team
- has plenty of ideas on driving forward service improvements. The team continues to
ovide great KYdessional supwt to ts board of trustees.
We also said gocyjbye to Kan Palmer as our treasurer. Karen was invaluable in
updating and streamlining our financial systems over the last two years. We were very
f(*tunate arKI happy to wElcome Emily Lewis. w? currently w0S as H&3d of Finan
at a housing association in Wales. into the treasurerfs role.
On our board of trustees. we bade fond larewells to Lucy Hales and Joy Smith. I'd like
lo register my grateful thanks to these trustees and al the same time as welcomirrfJ
Mar)dy Cutbill-sims as a new twstee. Our relatively small board of trustees Is fortunate
to corrtain a wealth of talent and experience. at a time when many organisations are
stru931ing to attract people with the skills relevant to their sector.
Speaklng of 1{*, I'd like to end by thanking core erosh team and all our Iruste8S
f( thwr hard work. suppcxt and commitn*nt during 2023. We are always looking lor
rbew talerrt arKI expertise, so rf y(xJ are relIng this and thlnklng you'd like lo find
more about becomiThJ an erosh trustee, Ia88161 Rena kn(M vla info@erosh.co.uk -
*'d love to frorn you!
Sne0 on b&olf crf the chartys trustees:
Ann Karas, Tru8ts8
DBle
## **Independent examiner’s report to the trustees of EROSH for the year ended 31 December 2023**
I report to the trustees on my examination of the accounts of EROSH (the charity) for the year ended 31 December 2023.
## **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 ______________________ 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 2023**
|_2022_
£
**Receipts**
54444
Membership subscriptions
30688
Code of Practice income
25
Bank interest
7185
Consultancy fees & assessments
92342
**Total receipts**
**Payments**
**Direct costs**
13075
Marketing, PR & Business Development
21033
Consultancy - policy & projects
25597
Code of Practice
**Support costs**
10390
Administrator
1154
Website & IT
162
Telephone
414
Printing, postage & stationery
1500
Good Practice Guides
571
Subscriptions
151
Insurance
92
Travel & subsistence
78
Bank charges
1307
Sundry expenses
**Governance costs**
720
Independent examiner's fee
1560
Professional fees/consultancy/training
77804
**Total payments**
14538
**Net receipts/(payments)**
70724
Cash funds at start of this period
85262
**Cash funds at end of this period**|**_2023_**
**£**
56318
19036
79
5700|
|---|---|
||**81133**|
||9325
21000
20561
7650
1545
124
-
8100
396
162
319
60
514
756
4587|
||**75099**|
||**6034**
85262|
||**91296**|
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EROSH
Statement of assets and liabilities
at 31 December 2023
2022
Z023
Cash assets
85262 Ba acccrtrts
85262
91296
91296
Other monetary assets
41
41
Liabllilies
Credila)r5
8575
(8575)
6910
6910
These financial siatements are a(xxpted on behaK of tho ¢*arity by:
Ann Karas. Trustee
## **EROSH Notes to the accounts for the year ended 31 December 2023**
## **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 examination fee
Travel
Code of Practice
Consultancy - policy & projects
Administrator
Marketing, PR & Business Development
Good Practice Guides|**£**
840
85
1805
1750
630
900
900|
|---|---|
||**6910**|
## **3. Trustees’ remuneration**
Trustees received no expenses, remuneration or benefits in this period.
## **4. Related party transactions**
There were no related party transactions during the period.
## **5. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during 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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