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Annual Report & Financial Statements For the Year Ending 31st March 2025
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Like the pieces of a jigsaw coming together, this report reflects how every service, partnership, and moment of support has helped us build a clearer picture of care across Lambeth.
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Contents
A Message From Our Chair ........................................... 4 Mission Statement ............................................................6 Our Vision ...........................................................................6 Annual Report & Financial Statements ....................... 7 About Carers’ Hub ...............................................................7 Our Key Objectives .............................................................8 Our Core Services & Key Achievements .....................9 Young Carers & Young Adult Carers ........................................................ 9 Adult Carers ........................................................................10 Carers Strategy .................................................................... 11 Acknowledgement to Funders and Partners ................................................. 12 Financial Review ..............................................................13
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A Message From Our Chair
It is with immense pride and gratitude that, as Chair of Carers’ Hub, I present this year’s annual report for Carers’ Hub. Our unwavering commitment to improving the lives of carers across Lambeth remains at the heart of everything we do, powered by the delivery of quality services and community engagement.
Carers make an immense and often undervalued contribution to society, both economically and socially. Their work forms the backbone of health and social care systems, preventing their collapse and saving governments vast sums of money. Carers fill critical gaps in care provision, particularly as formal social care services face increasing pressures and underfunding. They allow their loved ones to remain in their homes and communities, avoiding costly hospital admissions or residential care.
Despite these vital contributions, carers often face significant challenges and the need for support continues to outstrip capacity. This year carers in our borough have faced significant financial hardships and difficulties juggling work and care, they have also experienced the impact of caring on their own health and wellbeing, causing stress, anxiety, physical problems and isolation. These challenges are often compounded by a lack of adequate support. Recognising and supporting carers is crucial. This includes providing financial assistance, access to respite care, flexible working policies, and mental health support, acknowledging that their invaluable contribution is not just a personal choice but a societal necessity.
At Carers’ Hub, as we look back on a year of significant progress, we are energised by the collective impact we have achieved and we remain committed to striving to ensure every carer in Lambeth feels seen, supported, and empowered.
The successes we celebrate as a team this year include:
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Supporting nearly 2,000 carers in our borough. 664 young carers and their families and 1,288 adult carers.
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Winning the Lambeth Charity of the Year Award at the Lambeth Carers Awards 2024
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Being awarded the Excellence for Carers Quality Award by Carers Trust
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Securing a five year contract for the provision of services for Adult Carers
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Securing additional funding to continuing with the delivery of in-hospital support for carers and specialist services for young carers adult carers affected by substance misuse
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Increasing our reach through online referrals, allowing carers to access support more easily.
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Providing vital respite and social activities, including the facilitation of a joint respite activity for 20 families through the Family Holiday Charity, and an increased range of social activities for adult carers, now attempting to do training, creative, and social activities twice a month.
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At Carers’ Hub, as we look back on a year of significant progress, we are energised by the collective impact we have achieved...”
The successes we celebrate this year are a testament to the collaborative spirit and generous support of an incredible network. We extend our deepest appreciation to every carer, donor, funder and partner whose belief in our mission makes our work possible.
A heartfelt thank you goes out to our dedicated trustees and the entire Carers’ Hub team, whose passion and hard work are the driving force behind our impact. We are also profoundly grateful to the Lambeth carers themselves, whose resilience and trust inspire us daily. Our vital partnerships with commissioners, local voluntary sector organisations, and colleagues across the NHS, social care, and education sectors are indispensable, fostering an integrated approach to support. Furthermore, our proud partnership with Carers Trust continues to open invaluable doors for our organisation and for the carers we serve.
Laura Perkins Chair Carers’ Hub
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Report of the TrusMission Statement tees To improve carers’ lives in Lambeth through quality services and community engagement.
Our Vision
OUR CARERS
Our carers feel listened to, supported and valued. We want to ensure all carers are supported through the challenges caring can bring. Ensuring they can live a life of their own, alongside caring, and realise their hopes, dreams and potential. We will listen to carers’ stories and their experiences to inform our work and influence the work of our partners.
OUR TEAM
Being the best that we can be. We want our team to feel proud and happy to be part of Carers’ Hub and to be fully supported to thrive at work and be the best that we can. Knowing that together we are striving to make a genuine difference to the lives of local carers.
OUR PARTNERS
Working together to improve the lives of carers. Together we will aim to make a greater impact on the lives of carers in Lambeth. We will continue collaborating together to share our insights, energy and effort to ensure our carers are championed in our borough.
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Annual Report & Financial Statements
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025.
The trustees have adopted the provisions of Accounting and Reporting 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 102) (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 is 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 sacrifices 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
Influencing local policy through community engagement activities
Improving carer Connecting carers wellbeing 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.
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Our 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 carer’s own life. Through peer support groups and one-to-one 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 provide information on training courses, local services and help carers build connections with each other and their community. We help professionals connect too through our Carers Collaborative Network.
Raise Awareness
We believe caring is everyone’s business. That’s why we raise awareness across Lambeth — through community outreach, GP practices, hospitals, schools, social work teams, and by actively shaping the Lambeth Carers’ Strategy with our partners.
Influence
We believe that the development of local policy, practice and services that affect carers should take carers’ experiences into account. For this reason, we host a range of workshops and forums for carers to make their voices heard throughout the year. Our Carers’ Strategy Development Manager plays a key role in the development and delivery of the Lambeth Carers’ Strategy.
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Our Core Services & Key Achievements Young Carers & Young Adult Carers
A young carer is a child or young person under 18 who looks after a family member or friend with a physical illness, mental health condition, learning disability, or drug or alcohol problem. A young adult carer is usually aged 15 to 21 and may face many of the same challenges, often while juggling education, work, and the ups and downs of growing up.
At Carers’ Hub, we support young carers from as young as 5 years old, right through to young adult carers. Our dedicated team provides a safe space, practical help, and emotional support for carers and their families. We focus on four key areas:
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Fun and adventure: Exciting activities and trips throughout the year give young carers a chance to take a break and just be kids.
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Listening and support: We’re always here with a listening ear, advice, and tailored help for both young carers and their families.
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Friendship and connection: Our monthly young carers’ groups are a place to relax, laugh, and build supportive friendships.
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Education support: Through school-based projects, we help young carers stay engaged with learning and get the support they need in school.
Our Young Adult Carers Service offers personalised one-to-one support that focuses on what matters most to each young person, whether that is education, employment, mental health, or simply having space to be heard. Regular opportunities to connect include monthly meetups, a year-round programme of social, creative and wellbeing activities, and personal development opportunities with inspiring local organisations.
Making a big impact in 2024–2025:
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664 young carers and young adult carers accessed our service
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Including 488 young carers and 167 young adult carers
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242 new referrals received
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219 group activities and meetups held
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1,361 attendances at our events and sessions
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1,987 signposts to helpful information provided
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629 external referrals made to ensure families got the right support
These numbers are more than just statistics. They represent the real lives of young people gaining confidence, finding community, and building brighter futures with our support.
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Adult Carers
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.
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We provide tailored 1-2-1 support , whether that relates to finances, day-to-day tasks or something different.
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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 and learning disability carers and substance misuse carers.
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We host a variety of information sessions , learning opportunities, wellbeing and social activities throughout the year.
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We deliver first aid training and provide free legal clinics through our partnerships.
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We provide in-hospital carers support , when the person they care for is in hospital, and throughout the discharge process.
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And if we can’t help, we’ll do our best to link carers with someone that can through up-to-date information, signposting and referrals.
During 2024-2025, 1288 carers accessed our adult service. We ran a total of 64 peer support groups during the year, with 476 attendances. We hosted a range of social, wellbeing and information sessions, running 100 activities in total with 600 attendances. In addition, we ensured carers were connected to essential information and wider support, via 1947 signposts and 650 external referrals.
- includes carers for someone with dementia, a mental health problem, neurodiversity and learning disabilities, long-term conditions, someone with a drug or alcohol problem, and parent carers.
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Carers Strategy
Carers’ Hub sees the Lambeth Carers Strategy as a vital opportunity to raise awareness of carers and improve carer support in our borough. We’re working with the Carers Collaborative Strategy Group (CCSG) to help implement 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 co-deliver the Carers Collaborative Strategy Group, and have worked together with Integrated Commissioning to drive forward the refresh of the Carers Strategy in Lambeth.
Over 2024-2025:
618 carers aged 18 plus signed up to the Lambeth Carers Card, accessing emergency planning support, local discounts at participating local businesses and essential information.
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We hosted 3 meetings of the Carers Collaborative Network and refreshed the membership in July, ensuring we’re reaching as many professionals and volunteers as possible.
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We worked in partnership with Lambeth Council to launch the refreshed Lambeth Carers Strategy , and look forward to continuing to play an instrumental role in its delivery.
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We worked with Lambeth Council to deliver the Lambeth Carers Awards in September 2024. These awards were established by Lambeth Council and its partners to recognise the significant contribution of carers, professionals, and organisations in the borough, and are part of the new Lambeth Carers Strategy 2024-29.
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We worked in partnership with Age UK Lambeth to deliver in-hospital carer support , aiming to increase the identification of carers within hospital settings; work in partnership with hospital professionals to facilitate the triangle of care; assist carers with discharge planning, and enable carers to access long-term support.
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Acknowledgement to Funders and Partners
At Carers’ Hub, we are dedicated to enhancing the lives of carers in Lambeth through high-quality services and active community engagement. Our success is profoundly dependent on our funders, and the generous support of our donors and partners, and we extend our sincere gratitude to each one.
We wish to acknowledge and thank all those who empower our vital work: our committed trustees, our dedicated team, the invaluable Lambeth carers we serve, our commissioners, our collaborative local voluntary sector partners, and our esteemed colleagues across the NHS, social care, and education sectors. We also express our appreciation to the Carers Trust team; as a proud Carers Trust network partner, we are grateful for the significant opportunities this collaboration has provided to both our organisation and the carers we support.
A special thank you goes to our corporate partners, ZS Associates, for their ongoing and invaluable contributions, including their crucial support on our strategy review, and the development of our fundraising strategy.
We are also deeply thankful to our diverse group of funders: Carers Trust, Jack Petchey Foundation, Lambeth Council, NHS South East London Integrated Care Board, Sir Walter St John Educational Charity, Toy Trust, Victoria Convalescent Trust, and Walcot Foundation.
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Financial Review
Report of the Trus-
Review of the Charity’s Financial Positiontees
The statement of financial activities for 2024-2025 is set out on page 15 and shows a reported deficit of £37,278 (2024: £34,387) of which a deficit of £2,088 is restricted income.
The position of the charity at the year end is set out on page 16.
PRINCIPAL FUNDING SOURCES
Our principal source of funding is Lambeth Council for those services being delivered through Connect Lambeth (previously Independent Living and Carers’ Partnership). NHS South East London Integrated Care Board, Pubic Health and Integrated Children’s Commissioning also 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 ways of 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 statutory requirements, the requirements of the company’s governing document and the requirements of the Statement of Recommended Practice (the Charities SORP 2019).
Trustees will normally serve a three-year term and are eligible for subsequent re-election for one additional three-year term.
RESERVES POLICY
Total Reserves as of 31 March 2025 are: £249,552 (2024: £286,830) of which £67,975 (2024: £70,063) represent restricted funds.
The Board of Trustees has examined the charity’s requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (free reserves) held by the charity should be at a level equivalent to three-six months of operating costs. The budgeted expenditure for 2025-2026 is £621,093, therefore there is a target of a minimum of £155,274 in free funds.
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 experience this year to inform our recruitment strategy to increase the size of our Board and ensure it meets the needs of the organisation. All Trustees give their time voluntarily and receive no remuneration from the charity. Any expenses reclaimed from the Charity are out 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 faces. Actions to address key risk areas have been agreed and progress is reviewed regularly. In addition, strong financial controls are in place to mitigate the risk of financial losses due to theft or fraud and these controls are regularly reviewed.
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RESPONSIBILITIES OF THE BOARD OF TRUSTEES tees
Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state 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:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern 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.
MEMBERS OF THE MANAGEMENT COMMITTEE
Members of the Management Committee, who are directors 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 23.
In accordance with company law, as the company’s directors, we certify that:
- As the directors of the company, we have taken all the steps that we 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 Independent 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
02/10/2025
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Statement of Financial Activities
(including the Income & Expenditure Account)
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| INCOMING RESOURCES: | Unrestricted | Restricted | Total | Total | ||
| Voluntary income: | Note 4 | £. ............ | £.. ........... | £.... .......... | £. ............ | |
| Donations & grants | 1,670 | 95,939 | 97,609 | 145,919 | ||
| Lambeth funding contracts | 264,948 | 117,226 | 382,174 | 349,038 | ||
| Activities for generating funds: | ||||||
| Investment income | – | – | 3,120 | 2,653 | ||
| Incoming resources from | ||||||
| charitable activities: | ||||||
| Other income | 3,165 | – | 3,165 | – | ||
| Total incoming resources | 272,903 | 213,165 | 486,068 | 497,610 | ||
| RESOURCES EXPENDED | ||||||
| Costs of generating funds: | ||||||
| Costs of generating voluntary income | – | – | – | – | ||
| Charitable activities | 307,920 | 215,426 | 523,346 | 463,223 | ||
| Total resources expended | Note 3 | 307,920 | 215,426 | 523,346 | 463,223 | |
| STATEMENT OF TOTAL RECOGNISED GAINS | AND LOSSES | |||||
| Net incoming resources before | ||||||
| other recognised gains | (35,017) | (2,261) | (37,278) | 34,387 | ||
| (net income for the year) | ||||||
| Transfer depreciation reserve | – | – | – | – | ||
| Transfer reserves | (173) | 173 | – | – | ||
| Other recognised gains | ||||||
| Gain on revaluation of investments | – | – | – | – | ||
| Net movement in funds | (35,190) | (2,088) | (37,278) | 34,387 | ||
| Total funds brought forward | 216,767 | 70,063 | 286,830 | 252,443 | ||
| Total funds carried forward | 181,577 | 67,975 | 249,552 | 286,830 |
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Statement of Financial Position 31 March 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| FIXED ASSETS | Note 9 | Unrestricted | Restricted | Total | Total |
| Tangible assets | £886 | £271 | £1,157 | £1,902 | |
| ~~Report of the Trus-~~ CURRENT ASSETS Note 10 Debtors 7,242 - 7,242 Cash at bank and in hand 180,898 67,704 248,602 |
22,127 272,417 |
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| tees CREDITORS |
Note 11 | 188,140 | 67,704 | 255,844 | 294,544 |
| Amounts falling due within one year | (7,449) | - | (7,449) | (9,616) | |
| NET CURRENT ASSETS | |||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 180,691 | 67,704 | 248,395 | 284,928 | |
| NET ASSETS | 181,577 | 67,975 | 249,552 | 286,830 | |
| FUNDS | Note 12 | 181,577 | 67,975 | 249,552 | 286,830 |
| Unrestricted funds | 181,577 | 216,767 | |||
| Restricted funds | 67,975 | 70,063 | |||
| TOTAL FUNDS | |||||
| 249,552 | 286,830 |
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
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a. ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006
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b. preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Companies Act 2006.
The financial statements were approved by the Board of Trustees on 18.09.25 and were signed by:
....................................................... Laura Perkins – Director
02/10/2025
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Notes to the Financial Statements for the year ended 31 March 2025
1. STATUTORY INFORMATION
Carers’ Hub is a private company, limited by guarantee, registered in England and Wales. The company’s registered number and registered office address can be found on the Company Information page.
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2. ACCOUNTING POLICIES
Basis of preparing the Financial Statements
These financial statements have been prepared in accordance with the provisions Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” tees and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial Reporting Standard Number 1
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.
Turnover
Turnover represents grants and contract funding payments received.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc – 33% on cost, 20% on cost.
Fund accounting
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Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
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Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes.
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Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
The following specific policies are applied to particular categories of income:
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Grants and contract funding payments are recognised when receivable;
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Investment income is included when receivable.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes VAT and is reported as part of the expenditure to which it relates:
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Costs of generating funds comprise the costs associated with both the costs of attracting the income and those of providing the facilities to generate the income.
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Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
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3. TOTAL RESOURCES EXPENDED
| Holiday | |||||||
|---|---|---|---|---|---|---|---|
| CT | Activities | ||||||
| Young | and Food | ||||||
| Basis of | Carers | Programme | Hospital | Jack | Recovery | ||
| allocation | Action Day | (HAF) | Discharge | Petchey | Grant | ||
| COSTS DIRECTLY | |||||||
| ALLOCATED TO ACTIVITIES | |||||||
| Staf costs | Direct | £– | £– | £36,749 | £– | £31,995 | |
| Activity costs | Direct | 722 | 955 | 306 | 2,792 | 192 | |
| SUPPORT COSTS | |||||||
| ALLOCATED TO ACTIVITIES | |||||||
| Establishment costs | Floor area | – | 342 | 750 | – | 1,590 | |
| General ofce expenses Fees & fnance charges |
Usage Usage |
20 – |
– – |
4,653 – |
– – |
4,262 – |
|
| Depreciation | Usage | – | – | 263 | – | – | |
| Total resources expended | 742 | 1,297 | 42,721 | 2,792 | 38,039 | ||
| Young | Young | ||||||
| Walcot | YAC | Carers | Carers | ||||
| SWSJ | Toy Trust | Foundation | Project | Assessment | Discretionary | ||
| COSTS DIRECTLY | |||||||
| ALLOCATED TO ACTIVITIES | |||||||
| Staf costs | £12,166 | £– | £26,160 | £23,729 | £38,302 | £– | |
| Activity costs | 977 | 1,233 | 685 | 3,391 | – | 4,420 | |
| SUPPORT COSTS | |||||||
| ALLOCATED TO ACTIVITIES | |||||||
| Establishment costs | 2,764 | – | 687 | 942 | 1,045 | – | |
| General ofce expenses Fees & fnance charges |
1,483 – |
– – |
732 – |
1,257 – |
1,186 – |
– – |
|
| Depreciation | 4 | – | – | – | – | – | |
| Total resources expended | 17,394 | 1,233 | 28,264 | 29,319 | 40,533 | 4,420 | |
| Youth | |||||||
| Opportunities | |||||||
| Young Carers | Youth & | Fund (Cost | |||||
| Winter Packs | Play Fund | of Living) | Core | 2025 Total | 2024 Total | ||
| COSTS DIRECTLY | |||||||
| ALLOCATED TO ACTIVITIES | |||||||
| Staf costs | £– | £– | £– | £250,669 | £419,770 | £355,059 | |
| Activity costs | 1,922 | 4,249 | 2,501 | 20516 | 44,861 | 60,138 | |
| SUPPORT COSTS | |||||||
| ALLOCATED TO ACTIVITIES | |||||||
| Establishment costs | – | – | – | 20,370 | 28,490 | 17,232 | |
| General ofce expenses Fees & fnance charges |
– – |
– – |
– - |
15,268 6 1 9 |
28,861 619 |
28,720 592 |
|
| Depreciation | – | – | – | 478 | 745 | 1,482 | |
| Total resources expended | 1,922 | 4,249 | 2,501 | 307,920 | 523,346 | 463,223 |
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4. INCOMING RESOURCES FROM ACTIVITIES TO FURTHER THE CHARITY’S tees OBJECTIVES
| OBJECTIVES | |||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| Unrestricted | Restricted | Total | Total | ||
| ILCP | £264,948 | £42,059 | £307,007 | £278,967 | |
| ICC Lambeth | – | 37,226 | 37,226 | 36,238 | |
| London Borough of Lambeth | – | 46,580 | 46,580 | 33,832 | |
| NHS SE London ICB | – | 40,000 | 40,000 | 41,005 | |
| Jack Petchey Foundation | – | 2,800 | 2,800 | 1,645 | |
| Sir Walter St John | – | 17,500 | 17,500 | 10,000 | |
| Walcot Foundation | – | 25,000 | 25,000 | 25,000 | |
| National Lottery | – | – | – | 30,000 | |
| London Community Foundation | – | – | – | 33,600 | |
| Toy Trust | – | 1,250 | 1,250 | – | |
| Carers Trust | – | 750 | 750 | – | |
| Other | 1,670 | – | 1,670 | 4,670 | |
| 266,618 | 213,165 | 479,783 | 494,957 |
5. EMPLOYEES AND DIRECTORS
| 5. EMPLOYEES AND DIRECTORS | |||
|---|---|---|---|
| Wages and salaries | 383,068 | 326,043 | |
| Social security costs | 28,669 | 21,690 | |
| Pension | 8,033 | 7,326 | |
| The average monthly number of employees during the year was as follows: | £419,770 | £355,059 | |
| Manager | 1 | 1 | |
| Direct | 25 | 23 | |
| 26 | 24 |
No employee received emoluments of more than £60,000 in the year.
6. NET INCOMING (OUTGOING) RESOURCES
The operating surplus/(deficit) is stated after charging:
| 6. NET INCOMING(OUTGOING) RESOURCES The operating surplus/(defcit) is stated after charging: |
|||
|---|---|---|---|
| Depreciation – owned asset | 745 | 1,482 | |
| Directors’ remuneration and other benefts etc | – | – |
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~~Annual Report & Fina~~ ncial Statements 2025
Report of the Trus-
tees
7. TRUSTEE REMUNERATION AND RELATED PARTY TRANSACTIONS
No members of the management committee received any remuneration during the year (2024: Nil). No expenses were reimbursed during the year (2024: Nil).
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2024: Nil).
8. TAXATION
As a charity, Carers’ Hub is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.
9. TANGIBLE FIXED ASSETS (PLANT AND MACHINERY)
| 9. TANGIBLE FIXED ASSETS (PLANT AND MACHINERY) | 2025 2024 |
| Cost Depreciation Net Book Value 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£9,592 £9,592 |
| 8,435 7,690 |
|
| – 745 |
|
| 1,157 1,902 |
|
| Trade Debtors Other Debtors – 7,242 14,020 8,107 7,242 22,127 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
– 7,242 14,020 8,107 |
| 7,242 22,127 |
|
| Taxation and social security Other creditors |
– 7,449 7,330 2,286 |
| 7,449 9,616 |
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Annual Report & Financial Statements 2025
12. MOVEMENT IN FUNDS
| 12. MOVEMENT IN FUNDS | |||||||
|---|---|---|---|---|---|---|---|
| Net | Transfers | ||||||
| movement | between | ||||||
| At | 1.4.24 | in funds | funds | At 31.3.25 | |||
| Unrestricted | |||||||
| Core | £216 767 | £(35 017) | £(173) | £ | 181 577 | ||
| ~~Report of the~~ 216 767 Restricted |
~~Trus-~~ (35 017) (173) |
181 577 | |||||
| tees Adult Carers Cost of Living CT Young Carers Action Day Holiday Activities and Food Programme(HAF) |
£ | 2 325 – |
£– 8 (217) |
£ | – – – |
£ | 2 333 (217) |
| Hospital Discharge | 6,713 | (662) | – | 6,051 | |||
| Jack Petchey | 2,096 | 8 | – | 2,104 | |||
| National Lottery Cost of Living Fund | (173) | – | 173 | – | |||
| Recovery Grant | 4,704 | (813) | – | 3,891 | |||
| SWSJ | (452) | 106 | – | (346) | |||
| Toy Trust | – | 17 | – | 17 | |||
| Walcot Foundation | 24,364 | (3,264) | – | 21,100 | |||
| YAC Project | 16,809 | 5,806 | – | 22,615 | |||
| Young Carers Assessments | 14,007 | (533) | – | 13,474 | |||
| Young Carers Discretionary | – | 455 | – | 455 | |||
| Young Carers Winter Packs | – | (1,922) | – | (1,922) | |||
| Youth Opportunities Fund | 1,668 | (2,501) | – | (833) | |||
| Youth & Play Fund | – | 1,251 | – | 1,251 | |||
| 70 063 | (2 261) | 173 | 67 975 | ||||
| Total Funds | 286 830 | (37 278) | – | 249 552 | |||
| Net movement in funds, included in the above, are as follows |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | ||||
| Core | £272,903 | £(307,920) | £(35,017) | |
| Restricted | 272,903 | (307, 920) | (35,017) | |
| Adult Carers Cost of Living | £– | £– | £– | |
| CT Young Carers Action Day | 750 | (742) | 8 | |
| Holiday Activities and Food Programme(HAF) | 1,080 | (1,297) | (217) | |
| Hospital Discharge | 42,059 | (42,721) | (662) | |
| Jack Petchey | 2,800 | (2,792) | 8 | |
| National Lottery Cost of Living Fund | – | – | – | |
| Recovery Grant | 37,226 | (38,039) | (813) | |
| SWSJ | 17,500 | (17,394) | 106 | |
| Toy Trust | 1,250 | (1,233) | 17 | |
| Walcot Foundation | 25,000 | (28,264) | (3,264) | |
| YAC Project | 35,125 | (29,319) | 5,806 | |
| Young Carers Assessments | 40,000 | (40,533) | (533) | |
| Young Carers Discretionary | 4,875 | (4,420) | 455 | |
| Young Carers Winter Packs | – | (1,922 | (1,922) | |
| Youth Opportunities Fund | – | (2,501) | (2,501) | |
| Youth & Play Fund | 5,500 | (4,249) | 1,251 | |
| 213 165 | (215 426) | (2 261) | ||
| 486 068 | (523 346) | (37 278) |
21
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~~Annual Report & Fina~~ ncial Statements 2025
Report of the Trus-
Chartered Accountants’ Independent Examiner’s Report tees to the Trustees of the Unaudited Financial Statements of Carers’ Hub
We report on the accounts of the company for the year ended 31 March 2025, which are set out on pages 10 to 16.
Respective responsibilities of Trustees and Examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to our attention.
Basis of Independent Examiner’s Report
Our examination was carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiner’s Statement
In connection with our examination, no matter has come to our attention:
1. which gives us reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
2. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Hilary Adams Ltd Chartered Accountants 158 High Street Herne Bay Kent CT6 5NP
Date: 19.09.25
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Chair: Laura Perkins Vice Chair: Simon Hebditch Treasurer: Weyinmi Guate Trustees: Amit Desai, Safeguarding Lead, to February 2025 Ijeoma Obi James Hynard James Norris, Co-Lead to September 2024 Joanna Oka Louis Levin, Safeguarding Lead, from November 2024 Natalie Wall Nicky Goulder, from November 2024
Statement of Public Benefit
The Trustees have paid due regard to the guidance on public benefit produced by The Charity Commission and are confident that the work of the charity meets all the criteria for public benefit.
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[1] , and beneficiaries[2] in England and Wales.
carers[1] means any person involved in the provision of care without receiving remuneration other than statutory benefits, for a person or people who have care needs as a result of disability, illness or age.
beneficiaries[2] means any person or persons who have care needs as a result of disability, illness or age.
Docusign Envelope ID: 3DC896ED-B45F-4E4F-BCA1-DD75C6F33E1A
Registered Charity Name: Carers’ Hub Charity Registration Number: 182120 Company Registration Number: 11403363 Registered Office & Operational Address: 336, 336 Brixton Road, London, SW9 7AA Accountants: Hilary Adams Ltd, Chartered Accountants, 158 High Street, Herne Bay, Kent CT6 5NP