Carers Hub Lambeth Annual Report & Financial Statements For the Year Ended 31st March 2024 Carers Hub Registered charity number 1182120 Company number 11403363 www.carershub.or
Contents A messagefrom our Chair............. Reference & Administrative Information Purposes & Aims . Statement of Public Benefit . Annual Report & Financial Statements Report of the Trustees . About Carers, Hub . Our Core Services & Key Achievements . Acknowledgement to Funders & Partners . 13 Financial Review 14 Statement of Financial Activities...... .17 Statement of Financial Position..... .18 Notes to the Financial Statements.. .19 Report of the Independent Examiners.........25
A message from our Chair Reflecting on the past year at Carers, Hub, I continue to be impressed by our team's ongoing passion, commitment and tenacity towards ensuring we effectively meet the needs of unpaid carers in our borough. Although we are still a relatrvely young charity, we have now reached 3.500 carers since we launched which is an InCdible achievement and a contribution to our local community that we can be proud of. We continue to be a place where carers can turn to, for advice. support, peer to peer connections and often fun acts'vities. Organisational highlights for this year include the opportunty to branch into new setvice areas and reach more carers. We have conducted a SUCssful pilot supporting carers of all-ages who a impacted by substance misuse. We have also embarked on a new partnership to support carers, when the person they care for is being discharged from hospitsl, called the Carers Hospital Discharge Partnership. These are specialist services offering vitsl opportunities to reach carers, who might otherwise miss out on essential support. This year, carers in our borough continue to face many challenges. The enduring cost of living crisis continues to be extremely difficult, wth many of the carers and families we work with struggling to make ends meet. Our team has worked incredibly hard to secure grants, additional funding and to build new partnerships to help carers through this time of great financial insecurity. As an organisation we have witnessed both an increased demand in terms of the number of carers who need our support and a demand for more 1..1 support due to the complexity of cases caused by a lack of support for carers from statutory services. As a community organisation. like many others like us, we have a vitsl role to play in our borough but we are also impacted by increased demand alongside rising running costs and fecruitment challenges caused by the high cost of living in London. Despite the challenging times, we continue to be inspired every day by our work with carers. We have a fantasts'c network of partners. funders and local relationships that support us. We also have a committed, knOedgeabIe and hardworking Board of Trustees and team who continue to work tirelessly to ensure we navigate these trails, and continue to grow and develop our organisation. Thank you to all of you. Laura Perkins Chair Carers, Hub
Reference & Administrative Information Registered Charity Name Carers, Hub ! Charlty Reglstration Number i Company Registration Number 1182120 11403363 Registered Office & Operational We are 336. 336 Brixton Road Address SW9 7AA Accountants Hilary Adams Ltd Chartered Accountants 158 High Street Heme Bay Kent CT6 5NP Bankers Royal Bank of Scotland (RBS) l Trustees Laura Perkins Chair Slmon Hebditch Vice Chair Weyinmi Guats Treasurer, from September 2023 Amit Desai Safeguarding c(>lead ljeoma Obl (from November 2023} James Hynard James NoThis I Safeguarding Cowlead Joanna Oka (from September 20231 Natalie Wall (from September 2023)
Purposes & Aims Our charity's purposes as set out in the objects contained in the company's memorandum of association are to.. • relieve the stresses experienced by carers, and beneficiaries in England and Wales. "Beneficiaries. means any person or persons who have care needs as a result of disability. illness or age. "Carers" means any person involved in the provision of care withoLrt receiving remuneration other than statutory benefits, for a person or people who have care needs as a result of disability, illness or age. Statement of Public Benefit The Trustees have paid due regard to the guidancè on public benefit prr*Juced by The Charity Commission and are confident that the work of the charity meets all the criteria for public benefit
Annual Report & Financial Statements Report of the Trustees The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report wth the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporbng by Charities. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019). About Carers, Hub Our mission is to improve carers, lives in Lambeth through quality services and community engagement. Carers. Hub Lambeth 15 an independent local charity based in Brixton. Our work stems from the fact carers often go about their roles despite the toll it might take on their own wellbeing, often having to make sacrifitss that hamper their own ability to lead a normal life. Whether financial, educational or otherwise, we seek to limit the challenges that carers face. We achieve this through four core work streams.. raising awareness of carers, 2. influencing local policy through community engagement activities, 3. improving carer wellbeing, and 4. connecting carers to each other and support and training opportunities through our services. Since we set up as an independent charity in July 2018, we have reached over 3,500 carers across all ages
Carers. Hub Lambeth has four key objectives: Improve Carers, Wellbeing Caring for a loved one, family member, friend or neighbour, can have a significant impact on all aspects of a carers own life. Through peer support groups and one-topone,, appointments, our dedicated and passionate team work with carers aged 5 and up to help overcome challenges around managing at home, finances, caring with confidence, education and employment, physical health and emotional wellbeing. ,, Increase Connections There is a lot of support on offer in Lambeth, but these things .. Can be difficult to find. We're here to fill those gaps. We i provide infomiation on training courses, local services and help carers build connections wth each other and their commLFnity. We help professionals to connect too through our Carers Collaborative Network. Raise Awareness We believe caring is everybody's business. We work hard to raise awareness through outreach in the Mmunity, GP practitss and local hospitals, presentations to schools and social work teams, through partnership working and our involvement the Lambeth Carers, Strategy. Influence We believe that the development of local policy, practice and services that affect carers should take carers, experiences into aGGount. For this reason, we host a range of workshops and forums for carers to make their volS heard throughout the year. Our Carers, Strategy Development Manager plays a key role in the development and delivery of the Lambeth Carers, Strategy.
Our Core Services & Key Achievements Young Carers & Young Adult Carers A young carer is a child or young person under the age of 18 who helps look after a family member or friend, who has an illness or condition. This might be a physical illness- mental illness,. learning disability., or some form of drug or alcohol problem. A young adult carer is a young person aged 16-25. Our young carers team works with children from the age of 5 upwards, offering support and information to young carers and their families. Adventure. friendship and support are super-important for young carers, so we split our work into 4 areas= We organise a mixture of exciting activities throughout the year. We provide a listening ear and relevant help to young carers and their families. We run monthly young carers groups- a Spa to relax and have fun. We wn dedicated projects working with schools to support young carers with their education "This activily has allowed me to socialise and make new friends outside of school. I got to try new things and have tonnes of funlJY Young carp.r Our Young Adult Carers servi works with Young Adult Carers aged 15-21. Providing tailored 1-2-1 support, working together to address the issues most important to the individual young person. We run a monthly young adult carers meetup group, creating a regular space for Young Adult Carers to make friends, discuss important topics and hear from local organisations. In addition, we offer programme of activities throughout the year including social, creative and wellbeing activities and learning opportunib"es. "[Carers Hub Lambeth] has opened up opportunities within jobs and better ambitions for us after university. It's always nice to meet a wide range of people like us. Young Adult Carer
During 2023-2024, 434 young carers and young adult carers accessed our service. This included 290 young carers and 144 young adult carers. We reiVed 109 new referrals into the SeICe. We held 66 activities and meet-ups, including 51 activities specifically for Young Carers, 15 specifically for Yoursg Adult Carers. There were 741 attendances at our events and activities. We also connected young carers, young adult carers and their families to helpful information and external support via 430 signposts and 150 extemal referrals. Young Carers Assessments Since April 2022, Lambeth Council has commissioned Carers, Hub to deliver the ststutory young carers assessments for the borough, undertaken by a dedicated Referrals & Assessments Officer. We offer home visits and assessments with young carers and their families, exploring the needs of the young person and their family. We connect young carers and their families to long-term support offered by Carers Hub and wtder provision, seeking to help young carers maintain their own wellbeing and achieve their aspirations. In 2023-24, 105 young carers were assessed. with at least 600A going on to access the wider offer from the young carers team. In addition. following assessment 96 external referrals and 488 signposts to essential information and support were made. "You have i?0 idea liow much Iliis will help (my child) and I thank you Irom the bottom ofmy heartl" Parent of a Young Carer Young Carers Grants (Short-breaks) In May 2022, Lambeth Council and the South East London ICS jointly funded Carers, Hub to pilot the provision of Short-Breaks grants to young carers aged betseen five and enty-one. Followng completion of this successful pilot, funding was continued in 2023-24 which enabled Carers, Hub to award 69 young carers grants in this period. The grants help young carers access activities and events offered by Carers, Hub and by wider organisations, which benefited the young carers, mental health and wellbeing. Young carers used their grants for a number of different activities, such as accessing after school classes (drama, music. gymnastics. swimming, ballet)- going on trips (theme parks, the theatre and zoo). purchasing gym memberships or a personal item of their choice. "The grant made a whole lot of difference. It meant the children were able to have more freedom and independence and time away from their caring role and take part in activities they wouldn't nornially do. They were able fo spend more quality time together as a family on their holiday. The children enjoyed and appreciated il so muchl" Parent of tsvo Young Carers
Young Carers & Education There is always available help at Homework Club which allows me to do my homewo to the best of my abillty Young carer Carers Hub runs two projects to reduce the negative impacts of caring on young carers, education. Funded by Sir Walter St John's Educational Charity we offer a temi-time Young Carers Homework Club for young carers aged 11 to 16, running online on Mondays and an in-person on Tuesdays. The clubs offer a place where our young carers can complete their homework in a supportive environment outside classroom and away from their caring responsibilities. Over 2023-24, 59 young carers attended the Homework Club, wtth 266 attendances in total. We held 46 sessions of the Homework Club, a mix of online and face to fa sessions to ensure our offer was accessible. The Club is facilitated by a Homework Club Coordinator, who helped to connect young carers to external support via 7 referrals and 21 signposts. Funded via the Walcot Foundation, we offer 1 to 1 support and peer support sessions for Secondary School aged young carers. The project initially focussed on working closely with 6 target secondary schools to identify young carers and offer space for our worker to meet young carers in school on a 1 to 1 basis and in school peer support. We are now in year 1 of a follow-up project which has been opened up to young carers across the community offering a monthly peer support session based outside of the school setting, in school groups and aCsS to 1 to 1 suprort from the project officer. Over 2023-2024, 79 young carers aged 12-16 were supported. and a total of 54 peer support groups offered with 267 attendances. The project offir also connected young carers to wider support via 21 referrals and 43 signposts to local organisations. "The meet ups are social, lovely, relievingi they've really helped with my soclal skills, opening up and being myself." Young Carer
Adult Carers includes, carers for dementia, mental health neurodiversity & learning disabilities An adult carer is someone aged 18 and over who cares, unpaid, for a friend or family member who has an illness, disability, mental health problem or addiction. 1) We provide tailored 1-2-1 support, whether that relates to finances, day-to4ay tssks or something different. 2> We run peer support groups for carers to share their experience of caring, make friends, and develop new skills. Different carers face different challenges, and that's why our groups are specialised. We run groups tailored to dementia, mental health, neurodiversity & learning disability carers and Substan misuse carers. 3) We host a variety of information sessions, leaming opportunities, wellbeing and social activities throughout the year. 4) We deliver first aid training and provide free legal clinics through our partnerships. 5) And if we can't help, we'll do our best to link carers wth someone that can through up-toate information, signposting and referrals. During 20234. 1,098 carers accessed our adult servi. We ran a total of 55 peer support groups during the year, with 344 attendances We hosted a range of social, wellbeing and information sessions, running 109 activities in total with 684 attendances. In addition. we ensured carers were connected to essential information and wider support, via 1,507 signposts and 520 external referrals. °So much. So very much it has changed and empowered in a posltSve way." Adult Carer 10
Substance Misuse Carers pilot Carers, Hub Lambeth secured funding from Lambeth Public Health to run a one year pilot, to offer a new all-age offering for substan Misuse Carers. Our Family Support Worf(er provided targeted interventions and peer support to young and adult carers affected by substance misuse. Helping carers to understand the issues surrourrding alcohol and drug dependency, aCsS adequate support for themselves and the person that they care for, and connect to others going through similar experiences. Following our successful pilot, Carers. Hub has received further funding to continue our SubStsn Misuse Carers service offering. During 2023-2024 reiVed 57 new referrals for the Substance Misuse pilot. Carers were supported by 19 brief interventions for young carers and 51 for adults, by 11 external signposts and referrals for young carers and 63 for adults. In addition. 7 young aduft carers and 9 adult carers peer support groups took place. with 13 and 40 attendances respectively. "It helps to discuss problems with others as the stigma of addiction means that we rarely talk it over to friends and family about it." - Adult Carer Supporting Carers through the Cost of Living Crisis Over 2023-2024 we reiVed funding from London Community Foundats"on, Lambeth Youth Opportunity Fund, and National Lottery Community Fund to support carers and families through the cost of living crisis. This funding allowed us to support our families experiencing financial hardship. through vouchers which were used for food, essentials, ¥Mnter dothing and energy. We issued 172 vouchers to young Carers and their families, and 126 to adult carers wth the cost of INing vouchers. Over this period, we also secured £24,358 in grants for our carers. Further to this, in October we established a relationship with the Fuel Bank Foundation who provide emergency support to households who pre-pay for their energy and are at risk of entering fuel crisis, awarding 82 vouchers to households totalling over £4,000 in emergency supporL 11
Carers Hospital Discharge Partnership This year, Carers, Hub Lambeth and Age UK Lambeth successfully secured fijnding from Lambeth Integrated Commissioning to Co-deliver a pilot to support unpaid carers while the person they look after is in hospital or is discharged from hospital. In late 2023 Carers, Hub began scoping our new in-hospital carers support offer and forged partnerships with King's College Hospital NHS Trust and Guy's and St Thomas, NHS Foundation Trust. The in-hospital service offering will launch in 2024- 25 following recruitment of hvo Hospital Carers, Leads. Carers Strategy Carers, Hub sees the Carers Strategy as a vital opportunity to raise awareness of carers and improve carer support in our borough. Through our Carers Strategy Development Manager post. we're working with the Carers Collaborative Strategy Group {CCSGI to help realise the carers strategy. Carers. Hub plays a key role in delivering the strategy's priorities including leading the development of the Lambeth Carers Card and hosting the Carers Collaborative Network. We coordinate the Carers Collaborative Strategy Group, and have worked together with Integrated Commissioning to drive forward the refresh of the Carers Strategy in Lambeth. Over 202>24: 320 carers aged 18 plus signed up to the Lambeth Carers Card. acSsIng emergency planning support, local discounts at participating local businesses and essential information. We hosted 3 meetings of the Carers Collaborative Network welcoming speakers in¢luding Lambeth Public Health, Lambeth Talking Therapies, Solidarity in a Crisis and South London Listens. We worked in partnership with Lambeth Council to develop the new Lambeth Carers Strategy 2024-29. and look forward to playing an instrumental role in its delivery. 12
Acknowledgement to funders and partners At Carers, Hub we have been working hard to improve carers, lives in Lambeth, through quality services and community engagement. We appreciate each and every one of our donors and partners and wouldn't be able to be where we are without their support. We would like to acknowledge and thank everyone who enables us to do the work that we do: our trustees, our team, Lambeth carers, commissioners, local voluntary sector partners, and NHS, social care and education sector colleagues. In addition, we would like to thank the Carers Trust team. We a proud to be a Carers Trust neOrk partner, and are grateful for the opportunities this has offered to our organisation and the carers we work with. We also want to say thank you to our corporate partners, ZS Associates. for their continued support, the ZS team's support on our strategy review, development of our ndraising strategy and our Winter campaign has been invaluable. Our funders: Lambeth Council. NHS South East London Integrated Care Board, Walcot Foundation, Sir Walter St John Educational Charity, The National Lottery Community Fund, The London Community Foundation and Carers Trust. 13
Financial Review Review of the Charity's Financial Position The statement ot financid activities for 2023-2024 is set out on page 17 and Sho a reported surplus for the year of £34,387 (2023: £29,688) of which a surplus of £31,757 (2023.. deficit £4,505) is restricted income. The position of the charity at the year end is set OLrt on page 18. Our surplus this year largely results from having staff vacancies. Principal Funding Sources Our principal Sour of ftjnding is Lambeth Council for those services being delivered through Connect Lajnbeth (previously Independent VIng and Carers. Partnership). NHS South East London Integrated Ce Board, Pubic Heajth and Integrated Children's Commissioning ajso fund a proportion of our work. Recognising the considerable financial pressure facing local authorities both now and in the future, the charity is continuing to consider Wdys ol diversifying its funding base, particularly in relation to grants. donations and corporate partnerships. Details of the sources of funds are set out in the accounts. The Board confirms that the financial statements comply with current sLatutory requirements, the requirements of the company's governing document and the requirements of the Statement of Recommended Practice (the Charities SORP 2019). Trustees 11 nonnally serve a three-year term and are eligible for subsequent re- election for one additiond three-year term. Reserves Policy Total Reserves as of 31 March 2024 are.. £286,830 (2023.. £252,443) of which £70,063 (2023" £38,306) represent restricted funds. The Board of Trustees has examined the charity's requirements for reserves in light of the mwn risks to the organisation. It has established a policy whereby the unrestricted fvnds not committed or invested in tangible fixed assets (free reserves) held by the charity should be at a level equivalent to three to six months of operating costs. The budgeted expenditure for 2024-2025 is £502,143. Iherefore there is a target of a minimum of £125,536 in free funds. 14
Trustee Induction and Training An induction is provided for all new Trustees and ongoing training opportunities are made available. The Board held a review of its skills and experien this year to infomi our recruitment strategy to increase the size of our Board and ensure it meets the needs of the organisation. All Trustees give their time vo5untsrily and re1ve no remuneration from the charity. Any expenses redaimed from the Charity are OLrt in the accounts. The trustees delegate day to day management to the Chief Executive. Risk Management The Trustees have reviewed the major strategic, business and operational risks which the charity fas. Actions to address key risk areas have been agreed and progress is reviewed regularly. In addition, strong financial Gontrols are in pla to mitigate the risk of financial losses due to theft or fraud and these controls are regularly reviewed. Responsibilities of the Board of Trustees Company law requires the Management Committee to prepare finanual statements for each financial year which give a true and fair wew of the stste of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure for the financial year. In preparing those financial statements, the management committee should follow best practice and". select suitable accounts.ng policies and then apply them consistently., make judgements and estimates that are reasonable and prudent; and prepare the financial statements on the going concem basis unless it is not appropriate to assume that the company will continue on that basis. The Board of Trustees is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Board is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 15
Docustgn Envok)pe ID: 08C42DF&7E3(k44A8OllC8742B701E Members of the Management Committee Members of the Management Committee, who are diredors for the purpose of company law and trustees for the purpose of charity law. who served during the year and up to the date of this report are set out in page 3. In accordance with company law, as the companWs directors, we certrfy that.. As the directors of the company, we have taken all the steps that V ought to have taken in order to make ourselves aware of any relevant independent examination information and to establish that the charity's independent examiners are aware of that information. Independent Examiners of Accounts Hilary Adams Ltd was appointed as the charitable company's IrKlependent Examiners during the year and has expressed their willingness to continue in that capacity. The report has been prepared in accordance with FRS 102. Approved by the Management Committee on and signed on its behalf by.. Laura Perkins - Director 16
Ooown Erwdop8 ID: 08C420F8-7E3WA&B66>11C67428701E Statement of Financial Activities (including Income and Expenditure Account) for the Year Ended 31 March 2024 Unr05trlcted Fund5 2024 Totsl Funts 2024 Total Funds 2023 Funds 2014 Notes Incoming resources: Voluntary income-. Donatlon5 & grants Larnbeth funding contrdLts Activitie5 for generating fvnds-. Investment IrKome Tncomlng resources from charltable artl¥4ties: other income 3.920 264,948 141.999 84.090 145.919 349.038 146,588 301,186 4653 1.653 739 Total incoming resources 271 521 497 610 448 513 Costs of 9eneratlng funds: Costs of generatSng voluntary Income Charllable actlvltles 267,146 196077 463.223 418,825 Total resour expended 267 146 196 077 418 825 ATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES Net Incomlng resources Iore other recognised gains (net income for the Year) 4.375 30.012 34.387 29.688 Transfer depreciation reserve Transfer reserves (1.745) 1,745 Other reco9nised galns Galn on revaluation of investments Net movement In funds 2,630 31.757 34.387 29.688 Total tunds br¢)ught forward 214.137 3806 251443 222.755 Total funds ¢•rri¢d forn7ard 216 767 70 Movements In fijnds are dlsc105ed In Note 12 to the nftandal statements. 17
Statement of Financial Position Year Ended 31 March 2024 31.3.24 31.3.23 Unrestricted funds Restricted funds Total fund$ Total funds Notes FIXED ASSETS Tangible assets 669 1,233 1.902 1,377 CURRENT ASSETS Debtors Cash at bank and in hand io 8,007 216 807 14,120 21127 272 417 26,394 235 003 224,814 69,730 294.544 261,397 CREOITORS Amounts falling due wlthln one year li (8,716) {900) (9.616) (10,331) PIEf CURRENT ASSETS 216 098 251 066 TOTAL ASSETS LESS CURREIIT LIABILMES 216 767 ASSETS 216 767 286 830 FUNDS Unrestricted fijnds Restrfcted fvnds 12 216.767 214,137 TOTAL FUNDS 252 443 The conwany ts to exempts.oft from akyit uTrJer 477 ot the C(ryan$ Act for the )wr led 31 Marth The mpmbw5 have Ml requlred the (x)mpanyto rJAain an a}it of it5 fiTh8TK481 siaiÈmert5 forthe ysr qT>J8d 31 2024 In 8cKOrdar%IIkn Sedc1476 offv cOmpA¢t 2006. Ir ad[noO&theIrr?Sp)Etrr. al ewng that thè Gompary ke acco¢mlNJ ¢erA)rds 1 386 387 oftsComparM25 Act and bl pr8parfvJ fknonckyl staieftwts gNe a Irw lair ofthe swe of8ffalrs oflhe C( as of eath ffin8ro year and oftts SU[ Order foTeach finalyA year n a¢anTrh tt wuwements ofSectirffi5 394 ar 395 atyj Olh•vK5e comply %%ith the wuirernents of tho C(Knpanies Act 2(K)6 to finaDc481 statunents.so Fdf8s theoxnpany. Fin8ntAal ReportirwJ SlarxSard appILP in the UK 8fKI Repu oflrdaTrJ'aTrJ the Companies &2(K. SJn•Jty. Law8 Perk¥B- Dwect 18
LlxAjgn EnvLpe ID.. O8C42DF8-7Ek44A66>1lc674287D1E Notes to the Financial Statements for the Year Ended 31 March 2024 STATUTORY INFORMATION Carers, Hub is a private company, limited by 9uarant8e. regtstere¢l in England and Wales. The company'$ reyistered number and registered office addTes5 can be found on the Company Infomiation page. ACCOUNTING POLICIES 8asl8 o preparingthe financial statements These financial slatemgnts have been prep3red in a¢cordance witti the provisiorts Finanaal Reporting Stsndard 102 'Tr Financial Rewrting Standard aFplicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared uryjer the historical cost convention. Finan¢lal Reporting Standard Number I Ex8mption has been taken from prepariTrJ a 5h flow statement on Ihe grouTrSs that the company qualffi6s a$ a small cPanY. Tumo¥gr Turrfftr wSents grants and contract fvnding payments re1v1. Tanylble fix8d as$¢ts tlepreciation 15 provided at the foRow9 8nnual rates in order to write off each asset tsvèr its estyrnats useful life. Plant and machinery etc 33% on cost. 20% on c05t Fund a¢¢ountlng Unrestricted funds are available for use at the dt5CRtion of the Injstees sn fttrtheran(e of the gerra1 objectives of the charity. Designated funds are unrestr1 luftd5 earmarked by the Management Committ88 for particular PUfP05e5. Restr funts are subi9Cted to reStrtionS on their 8XP8nditur8 imposed by the ¢Jonor or through the term5 of an appeal. In¢rJming rvJouTce$ All inc(Nning resources ara included in th8 5tatemet of finanoal activities when the charty is entTtled to the incom8 and tl amotjnt can be quantifie¢ wth re850nable a¢¢ura¢y. The followin9 speufrc poliaes are appfied to particular Categortes of incorne" Grants and contr8cl fundiryj payment5 are reco9nisgd when TNable." Investrnent income is included wh6n r8¢eivabl8. Resources expended Expendstur8 is reccgni5ed on an accruaEs ba5i as a l¢ability 15 icurred. Exp&nditufe indudes VAT and is r8POrt8d £s part of the expenditwe to which it relates Costs of generalir¥J fund8 cornwse costs a%swatsd bolh th8 Costs of attractirg the income and Ih05e of prowding the faolil*s to genef8t8 the in¢(xne. Charitable expenditure compFK58S those Costs incurred by the charity in th8 delNery of Its actwitv85 and servi$ for its LnefiCiarieS. It incle5 both ¢osts that can be allocated directly to suth &lNities and those costs ol an iTrJirod natu nec85sary to support tkn. 19
Notes to the Financial Statements - continued for the Year Ended 31 March 2024 TOTAL RESOURCES EXPEIIDED ajo) punj A¢id • 4lnOA io is•) s•iiiuniAoddo yinox AJRUgllaJ?SaO sJoJt? 6unoi 53Ua UISSa5SV sjaje) 6uTroA i)•IDJd JVA oiiepufi04 IQ>I•M (SMS itseJ9 A4•4•)a¥ Jo iso J Ajaiioi ItuoiipN u•ii)y sJ¥Jr J OutstyA IJ OuiAII 10 ISO) SJaJE J IITrP¥ sisii Jlil Ill i- 20
Notes to the Financial Statements - continued for the Year Ended 31 March 2024 INCOMING RESOURCES FROM ACnVtriES TO FURTHER THE CTrLARITfs OBJECTS Unr85tricted 2023 Totsl Tolal ILCP ICC Lamb8th London Borough of Lambeth NHS SE London CCG NHS SE London ICB Jad( Petty Foundation Compassion in Dying Sir Waltei St John Waltt>t Foundation Klngs CMC Young CeTs Pubtic Health Ccfflml5s1ftg Natii>Thal Lthry Age UK London CommuTrty FourKlation 14.019 36,238 33,832 278,7 264,948 33,832 41.005 1.645 41,5 1,8 12,( 9,881 25,0 10,0 25.0 10,Crf)O 25.000 9.754 12,245 34,495 33.600 750 EIIPLOYEES DIRECTORS 31.124 31.3.23 Wages salaries Soctal srity rA)sts PenSn 326,043 21,690 7.326 310,386 22,487 6,089 The aver*3e monthty numb of&nkg(tyees duriThJ the year was 85 folbThvs'. 31.3.24 31.3.23 Marr Dilect 21 No p1¢Wee Tecw¥ed ernclurnerrts Dtm¢Jrethan £60.1XYJ in they. 21
Notes to the Financial Ststements - continued for the Year Ended 31 March 2024 NET INCOIAlI {OlGoING) RESOURCES ThB OP8r8ting sulp11(deffcit> is stateJ arttr charn 31.3.24 31.3.23 1.482 DiierAors' ranunerthion and otlw benefits etc TRUSTEE REMUNERATION AND RELATED PARTY TRANSACTIONS No membws ofthe rnanment C4xnmitte8 reNed any rwnunaralion duriryj the yew {2023.. Nir). No eypen5e5 were reimbvrsed during th8 year12023." N¥ll. No trustee or person relatsd to charity had any intsrest tn w)y eonlract or traroa¢b"on entered irrto by the charity duFif¥3 the yeaf12023.. Nill. TAMTh)N As a charity. Carers, HLI) ts exempt frrm tax on inccffje aTrJ gairts falling within section S)5 of th8 Taxes A¢t 1988 or s256 01 the Taxabon of chargeab Gains Act 1992 to the exlgnt that these are applwl to chaTitabl? ct)Jects. No tax tharges have arisen in th8 Charity. TAI4G18LE FIXED ASSETS Plant and chlnery etc COST At 1 April 2023 A(&JitK)ns 7.585 11107 At 31 March 2CQ4 992 DEPRE¢NTM At 1 Awll 2023 Charge for year At 31 Mh 21Y24 NEf BOOK VAWE At 31 March 2024 1.902 Al 31 Marth 21123 1.377 22
Notes to the Financial Statements - continued for the Year Ended 31 March 2024 DEBTORS: AMOU5 FALUNG DUE WffHIN OMEYEAR 31124 31.3.23 Trade debtor5 Otherdebtors 140211 8.107 18.119 8,275 21127 26,394 11. CREEffl)RS: AMOUNTS FALLWIG DUErn ONE YEAR 31124 31.3.23 Taxation and so(xal security 0th8r creditors 6.355 3.976 1286 9,61fj 10.331 11 MOVEW4T IN FUNDS Transfews betren 21A23 fund 31324 Co 214,137 4,375 11.7451 216.767 214.137 4J75 11.7451 216.767 duItCats GostofLiMng CTYoung Carers Pdon Day Digital Resourc¢ forcarers Hospital Dischatye Jad¢ Petchey ngs C1cCha11pnge National Lotterycoslof Liifjng Fund RerJJryC*dnt swsJ Wakot Foundalion Project Young ca Young caE$ K8sessments Young CaTet5 Disuetionary Youth (I)poAn1tieS Fund Youlh & PlayFund 181 li.8) 144 325 1.800 6.713 465 1421 11731 5.063 1.518 3.358 9213 6,713 2.098 1.631 42 11731 4,704 (4521 24,364 16,809 13591 11,9701 21.006 10,686 12451 7.674 1,460 (3,090} 245 6.333 {4.5501 1.668 300 14,007 3,090 1.668 13001 38J06 30M12 1.745 7063 252N43 34.387 286030 23
Notes to the Financial Statements - continued for the Year Ended 31 March 2024 12 MOVEMeKr IN FUNDS- ¢ontinuod Netmo%mentin fijnds. included in the abo, are as follows I1Orn Jrco5 exp81d lknme 27121 P67.146) 4,375 271521 1287,1461 4.37S lullCarÈf5 Costof Liwny CTYoung ca5 Aon Day Hospital Distharge Ja¢k Petthey Kings Ciiq¢Cballenoe National LotsryCoslolLIKlng Fund Reu)4ery(>3nl sw Walcot FourKlalion YK Pmjecl Young CarEfS Assessments Young Carws Disuetionary YOU IpOnItse5 Fund Yoth & PLayFvnd 10.000 750 14.019 1.645 19,9981 1606) 17,30SI 11.1801 1421 130.1731 128.7691 18.4821 121,6421 131.7921 P9.9051 14.5501 <21.9321 300 144 6,713 465 1421 11731 5.063 1.518 3.358 9.213 6.333 14.55Ql 1,668 30,000 33,832 10.000 25.000 41.OD5 36238 23.600 2268? Iq96.0771 30.012 497.810 463223 34,387 Adult Car•rn Cost of Living - Short-temi grant from London cMUnY oundth"on, to respond to immedte irnpxts ofthe costof lin9 ¢risis on unpad carer5. Carers Tru8( Yotsng Carers Action Day - Grant of £750 to deliver a orE olf event on YwrvJ Carer5 Adion Day. Hospital Discharge- Funded through the eetter Care fvnd, pilot to support cweTS in hc6prf81. when the pers( Ihey r2r8 for is eItr admrttey or discharged. Jack Petchey - Each year we can nomirt8 6 your#J Ggrers for an award ol e3CX) which is used for an activity ollhoir dM)iC8. Nattonal Lottery Cost of Livln9 - Shtyt-terfft grant frn National Lottery Cost of Llwng Fu1 to Spond to the immediaiE irnpacts of th? cost of liviThJ utsis on unpaY car$. Recovery Grant- frcffl Lambeth PutrAi¢ Fkalth to supwt tarers inpacted by a loved one's sutr6tanc• miSUS8 issues. SWSJ & Walcot- bolh fund young carers odlrational projects. Yoknng Carws Asse55m8nts - we have been Commis$H&Y by the local aulhority to delww the youThJ rarers need5 a55es5rnents in the bOr0h SinApril 2022. Youth Opportllnibes Fund - Shc¢t-temi grant frcffj Lrf)eth. manapj by London CnMty Fwndatr". to resKM)nd to the immediate Impacts of Ihe cost ol livtng trtsis on young Care and theirfamilvas. Youth & Play- Ltrth Youth & Play c(¥nmkssioniryJ tearn, fund oll evenls for our young ¢arers arKI youThJ ad1 ¢arers. 24
Chartered Accountants. Independent Examiner's Report to the Trustees of the Unaudited Financial Statements of Carers, Hub We report on the accounts of the cimpany for the year ended 31 March 2024. which set oui on we$ 17 to 24. Respective responsibblities of trustee8 and ¥xaminor Thg trustees ar& r8spon&ble for the pparatIon of the acunts. Tl trustees coroider that an audit is not required for thi$ year under s8Ction 144 of the Charitses Act 2011 (the 2011 Act) an(t thal an independent examinatton vs no8d8d. Having satisfied oursefves thal tha charity is not subj'ect to audit under company law and is eligible for irTrSependent examination, it is our responsbihty to= examine the a¢¢ounts under 58ctton 145 of the 2011 Ad.. to foll¢y4 the piocedures laid down in the general Directior6 gNen by th8 Charity CmISSi undèr SeGts" 14515llbl of the 2011 Act." and to state wWher particular rnatters have ujme to our attention. Basis of indep¢nd¢nt examineffs report Our examInatso wa5 carried out so w)rdanc8 with the gereral Dlwtions given by the Charity Cotnrn¥55ion. An examination includes a review of the accovnting re¢orcls kept by th8 ch8rity and a c(mparison of the acwnts presented with those r8cord$. It also includes consideration of any unvsual itwn5 or disclosures in the accounts, and seoking eXanatIor from you as twstee5 concerning any such rn&tters. The procedu$ undertaken do rK)t prowde all the eviden that woukl required in an audit and consequently no opinion is given as to whether the accounts present a tru8 and fair view, and r8POrt limited to tho$e matter5 58t out in Ihe statement low. Indewnd•nt oxarnlnerfs statem•nt In eonnection wiu) our exatnination. no matter has u)me to our attention.. 111 which ge5 us reasonable Cause to beliove that in any merial reSptthe requtrements." to keep a¢¢ounting rec15.. and to prepare accounts which accord th the xcountirg records. ¢urply with the ara)unting rwirem8nts ol and with the methods prinTrpS of the Staternent of ReComnded Pradti.. Accounting and Reportin9 by Chari118s hav8 not been met.. or 121 to which. in ¢)ur opinion, attentson shOd be drawn in order to enaNe a prwr understsndirg of account5 to t ¥eached. Hilary Adams Ltrl Chartered AccoLMtar 158 HHJh Street Herne Bay Ihi* CT6 SNP 25