Caritas Care Limited
(A Company Limited by Guarantee)
Report and Financial Statements
Year ending 31 March 2024
Charity number: 326021
Company number: 1596400
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Caritas Care Limited
REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2024
INDEX
Report of the Trustees
Report of the Independent Auditors
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes on the Cash Flow Statement
Notes on the Financial Statements
Detailed Statement of Financial Activities
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19
20
21
21
22
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REPORT OF THE TrUSTEES FOR THE YEAR ENDING 31 MARCH 2024
The trustees who are also dirertors of the charitable company are pleased to present their annual
director5, report togetherwith the financial statements of the charity for the year ending 31 March
2024 which are also prepared to meet the requirements for a directors, report and accounts for
Companies Act purposes. The financial statements comply with the Charities Act 2011, the
Companies Act 2006, the Memorandum and Articles of Association, and the 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 I
January 2019).
Chalrfs ￿POrt
This has been a positive year for Caritas Care, and one where we have consolidated our services and
maintained the quality of our offer. Making a difference is important to the Charity and l am pleased
that we have demonstrated our ability to achieve ouraim again, during the year ending 31 March
2024.
However, this has been another year shaped by both challenge and opportunity in terms of service
delivery and finance. It is pleasing to note that we have continued to deliver outstanding seniices
across our charity despite the financial pressures that we have encountered. The staff and
volunteers continue to evidence their commitment and dedication to their service, the wider Charity
and to our values, which are important to us and guide our work. Throughout the year, we have
delivered our mission by providing chances, choices and opportunities for all who have engaged with
U5, to live better lives.
Mary Leavy
Chair
OUR PURPOSES AND ACHIEVEMENTS
Objectives and alms
The objects of the Charity, as stated in its Memorandum of Association are:.
..to further the general charitable works of the Roman Catholic Church both in the Diocese of
Lancaster and elsewhere in the United Kingdom in particular, but not exclusively, by providing
services and facilities for the relief of poverty and Suffering, the advancement of education, the
promotion of social justice, and other charitable acts which promote the development of indNiduals
and communities, for the benefit of people of all faiths and none. To this end the Charity's activities
will be directed to children and young people without families able to care for them, children and
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young persons in trouble or at risk, people with disabilitie5 and individuals, famllies, communities
and groups who are in need.
In orderto achieve the objects, the Charity delivers a range of services and engages in activities for
the public benefit.
The key strategies were to:
provide familie5 and communities with chances, choices and opportunities to live the best lives
theycan;
secure a committed workforce with the right skills and abilities to deliver our strategy;
improve outcomes for children, young people and adults;
involve children, young people and adults in the design and evaluation of services: and
work inclusively to remove barriers to accessing our services
Following ourfounding ethos. we respond positively to the changing needs of our communities with
projects and services that give better life chances to people of all ages and work in the best ways
possible to:
SUPPOrt children and families
find families for children in care
provide opportunities and support for people with disabilities
combat social isolation
The work of Caritas Care is embodied in its values:
Friendliness- we believe in welcoming everyone with warmth and kindness. We want people to feel
included and to create a sense of belonging.
Foirness - we believe in equality and strive to be respectful in everything we do. We Ilsten to the
needs of others and put them at the heart of our work.
Integrity- we believe in being open and honest in all parts of our work. We support people from all
walks of life and treat each person with dignity and acceptance. We believe in their value.
Freedom to choose - we believe in empowering people to reach their full potential and to have
happy, fulfilled Itfe. We provide opportunities so all families and communities can make their own
choices and lead the lives that they want to.
Coljaborotion - we believe by bringing communities together and by building relationships, we can
create a brighter, happier future. Through working with our supporters and other organisations, we
aim to make ourvision a reality.
Significant actlvlties
Caritas Care believes that wherever it is possible, a child should grow up in a stable and nurturing
family environment, therefore, the charity provides thi5 Opportunity for children. unable to live within
their birth families. through a range of placement optionsfrom respite fostercare to adoption. Caritas
Care is a Voluntary Adoption Agency and Registered Independent Provider of Foster Care.
Our independent specialist adoption service has been finding families for children and helping
adopters on their journey to becoming parents for nearly 90 years. Our belief is that all children
deserve a loving family and that all adopters should be supported at every stage of the adoption
process. Adoption 15 a life-changing decision, which is why we have developed a full range of adoption
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support services and routes to adoption to give children the opportunity to enjoy family life and
stability throughout their childhoods; these include:
Seamless support throughout the adoption process and beyond.
Skilled and experienced staff team.
Specialist therapeutic support ser¥ices.
Information and advice.
Training and Support groups.
Early permanence serrfice forvery young children.
Foster carers provide care for children who, for many different reasons are unable to live with their
birth families. Caritas Care believes that all children desenie the opportunity to experience life in a
loving familyand that all children and fostercarers should be supported at every stage of the fostering
journey. Our foster care service provides a full support programme includin8:
Seamless SUPPOrt throughout the fostering process and beyond
Specialist advice and information
Skilled and experienced staff team
Full tralning and support programme
Children's groups
Education sUPPOrt service
Foster carers come from all walks of life. Each foster carer is unique, a5 15 every child who needs a
foster family. Our foster carers share a desire to make a positive difference for the children placed
with them for the duration of their stay, whether that be for a short period of time or longer term.
In working with People with a Learnin8 Disability, Caritas Care is driven by its tradition and values to
treat each person with dignity and respect. The Charity is committed to a person-centred approach
and promotes choice, opportunities and independence through support, for people who have
disabilities. The Charityoffersa variety of learning disability Se￿[ce5. Our Day Projects and Supported
Living Services, based in Lancashire, offer wide rangin8 fun activities for people with learning needs of
varying ages. We believe that people with all levels of disability should have opportunities to enjoy
stimulating activities, and that their physical or health needs, however complex, should not be a
barrier to them accessing new and exciting experiences. Set in the heart of the city of Preston. our
project5 enable this by providing a fully accessible, safe and caring environment, which offers:
A highly trained team of specialist support staff.
Training and oversi8ht by a qualified nurse.
A varied range of community, leisure and social activities.
A person centred, tailored approach.
Creative ways to enhance communication.
Dance, sensory drama, art and music to encourage self-expression.
Accessible minibuses for outings and day trips.
Modern acce55ible equipment and facilities.
Working closely with service user5 and their families, social care and health professionals, the Charity
responds positively to the needs of every person who comes to us, whatever their disability or need.
Through our Community Projects, Caritas Care helps to combat social isolation and disadvantage by
providing support to people on the margins of society through our services at Plungington Community
Centre. Vincent House provides accommodation in Blackpool and support to men and women who
find themselves homeless. It is our belief, that everyone should have a home to call their own, and the
chance to make positive changes in their lives, and so improve theiroutcomes. We provide emergency
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and supported accommodation with access to local networks and community organizations that
provide advice, support and guidance needed to enable residents to regain their independence and
take responsible steps towards integrating into the community.
Plungington Community Centre is located in the University quarter of Preston just outside the city
centre. The former school building, now the Community Centre, provides a range of activities, support
and entertainment for people of all ages. We believe that everyone in the community should have
local access to affordable activities aimed at improving physical and emotional health and wellbeing
and reduce social isolation. The centre has a large hall. including a stage, and a number of smaller
rooms, all available for hire by community groups. We work with a variety of local groups who provide
a range of activities and opportunitie5 from our Community Centre.
Volunteers are an intrinsic part of our service delivery across the Charity. Certain area5 and services
are more dependent upon volunteers, whilst in otherareas the scope for volunteering is minimal and
more specialist in nature. In our work with children, approved adopters and foster carers assist
through their membership of the Adoption and Foster Care Panels. engagement in preparation
training for new applicants. acting as mentorsto prospective adopters and foster carers. assisting with
recruitment events and support group5. Learning Disability Services have attracted volunteers to
support centre-based activities. However, the greatest number of volunteering opportunities are
within our community activities and community centre where our work with unemployed people and
ex-offenders is supported through volunteering and mentoring projects.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing our aims and objectives, planning future activities
and setting strategic plans.
Achlevements and performance
Over the last year, Caritas Care has continued to reach out and engage with children, families and
adults to deliver the support they needed in what was a challenging year for many, given the cost of
living crisis. We also remained GDPR compliant, embedded the Caldecott principles across the Charitv,
further developed our IT and communication resources and maintained effective working
relationships with our partners, commissioners and stakeholders.
Our work in Adoptlon and Foster Care
In 2023-24 we:
Placed 18 children with families for Adoption through our mainstream Service. and a further 7
through our Concurrent Planning Service
Looked after 51 children in Foster Care.
Continued our partnership with Adoption Matters to offer early permanence for children through
our Concurrent Planning Service, now the largest of its kind in England.
Increased the creative use of social media in our recruitment activities
Developed a Therapeutic intervention Service through which we delivered support to families
approved as adopters and foster carers through Caritas Care. including supporting children with
life story work and working with schools.
Provided support for children referred to our services from Local Authorities
Continued to work collaboratively with the established Regional Adoption Agencies IRAAS) in the
North West, Cumbria and North East, (Adoption Now, Adoption Counts, Adoption in Merseyside,
Together for Adoption. Adoption - Lancashire and Blackpool, Coast to Coast, Adopt North East
and Adopt Tees Valley).
Continued to adapt our working model by offering all of our servi￿5 to famllies. prospective
foster carers and adopters remotely and virtually.
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In 20￿25 we will. continue to work alongside our partners in the public and voluntary sectors,
developing innovative and excellent practice to find families for those children who wait the longest.
In $0 doin& we will continue to assess, monitor and evaluate the significant challenges that the
changing Adoption landscape presents.
Our ambition is to:
To achieve our target to place 17 children for adoption through our mainstream service and
maintain our current levels of placement activity in Foster Care.
To recruit families who are able to offer a home through adoption or foster care to children who
waitthe longest for a family ie brothers and sisters. older children, children of mixed heritage and
children with additional needs.
To continue to work closely with our VAA partners, North West and North East RAAS and extend
this Early Permanence placement option to children between the ages of 4 and 8 years.
To continue to offer an excellent support service to all families approved through Caritas Care
and for children referred to our services by the Local Authorities
Recruit foster carers.
Ensure the voices of children and families continue to inform the development of our services
and practice both internally and externally.
Continue to work collaboratively with our partner Regional Adoption Agencies in the North West,
Cumbria and North East.
Embed the changesfollowing the re-structure of ourchildren's Services to promote sustainability
and financial stability
Our work with people with dFsabilitles
This year we have developed all aspects of our work with people who have a learning disability and in
our day projects, maintained levels of actNity in terms of both numbers of sessions offered and people
supported on a daily basis.
In 2023-24 we:
Provided stimulating day activities and excellent care for 30 people with profound disabilities in
our FX project.
Provided creative learning opportunities and activities for 96 people with more moderate
learning disabilities in our VIP project.
In our Supported Living service, we have supported 31 people in their own homes including 23
people across eight supported living houses.
Leased our fully ac￿SsIble caravan in Cumbria to provide holidays and respite for people with
disabilities and their families.
In 2024- 25 we will continue the growth in the delivery of our day projects to attract more people
with both moderate and complex needs. and increase the number of people within our Supported
Living services. Our ambition is to:
Develop and extend our day project facilities.
Secure new premises for our FX service.
Meet the needs of more people referred via Transforming Care through our Supported Living
service.
Ensure the voices of people with learning disabilities continue to inform the development of our
services and practice both internally and externally.
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Our work in the communlty
This year we have continued our innovative and creative work with people in communitles, working
to support people at times of difficulty in their lives, and particularly in recognition of the cost of living
crisis.
In 2023-24 we:
Provided high quality support at Vincent House, our homeless hostel in B13ckpool, which has
remained at virtually full occupancy throughout the year.
Continued to offer the food bank at Plungington Community Centre for members of the local
community.
Secured Lottery funding to develop Plungington Community Centre as a local Well-being hub,
which included registering as a 'Warm Space, and increased our'meet and Eav initiative, offering
a free hot meal, emotional support and social engagement to members of the local community.
Increased levels of activity at Plungington Community Centre.
In 2024-25 wewill seekto secure the necessaryfundingto support our community work. Ourambition
is to:
Maintain the full range of activities and secure further funding to support the sustainability and
development of well-being opportunities for local people at Plungsngton Community Centre.
Ensure the voices of people in need within ourcommunities continue to inform the development
of service delivery and practice both internally and externally, including those affected by trauma
and loss, homelessness, mental ill health and old age.
Develop a *mi-independentlmove on living offer to residents within Vincent House.
FINANCIAL REVIEW
Flnanclal posltlon
The Charity incurred a surplus for the year of £413,549. The total retained reserves of the Charity at
31 March 2024 are £2,049,192.
Flnanclal Summary
2024
2023
Incoming Resources
Resources Expended
Retained Surplus/lDeficitl
8,089,669
{7,676,120)
413,549
7,465,300
17,589,817)
{124,5171
Funds
Restrlcted Funds
Unrestricted Funds: designated
funds
Unrestricted Funds: general funds
26,693
664,392
29,488
679,862
1.358,107
2,(149,192
926,293
1,635,643
The principal funding sources are fvlly detailed in the notes to the financial statements on page 23.
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Investment pollcy and objectives
Under the Memorandum and Articles of Association, the Charity has the power to make any
investment. which the Board of Management see fit and would do so in an ethically responsible
manner. The Trustees, having regard to the liquidity requirements of the Charit￿5 services and the
uncertainty within the social care sector, have kept available funds in an easy access interest-bearing
deposit account. Since the start of the calendar year 2023, interest rates offered on short term
deposit5 have ranged between 4% and 5%. The Trustees have therefore determined that excess
funds should be invested in short term deposits, ranging from one to three month terms. The capital
and interest is automatically reinvested.
ReseThes Policy
Reasons for Establishing a Reserves Pollcy
Under the requirements of Charity Law. the Trustees are obliged to define the Charity's policy for
holding reserves. The intention in establishing the reserves policy for Caritas Care is to secure the
continuation of the Charity's artivities. The policy will:
preserve the viability of the Charity;
underwrlte existing services against periods of deficit;
enable the Charity to meet its legal objects;
pump prime developments of the Charity's Services;
provide confidence to supporters and donors seeking to give financial support to a prudently
controlled Charity.
ensure that, consistent with the objectives, mission statement and values of Caritas Care, proper
ethical consideration be afforded to all matters of investment; and
ensure that the reserves are at a level sufficient to discharge all the Charity's obligations should
the Charity cease its operations.
Deslred Level of Reserves
The Charity has a range of legal and moral responsibilities to purchasers of its services, to those who
use its services, as well as contractual commitments to employees. In addition, Caritas Care has a
broader responsibility to the communities within our area of benefit. To this end the Charity
undertakes to:
presepde a level of reserves that are neither restricted nor designated at not less than 15% of its
annual expenditure;
limit the level of reserves that are neither restricted nor designated to a figure of not more than
50% of its annual expenditure;
establish a reserve designated to cover the possibility of redundancy of staff.
Steps to Establish the Reserves Policy
Historically the Charity has generated reserves. The Board, in discharging its duties under Charity
and Company Law, considers the appropriate use to which such resenies should be applied. To
maintain appropriate levels of ￿SerVeS the Board has determined that:
all legacies, which have no restriction placed upon them by the terms of their donation. are
considered to be general resenies.
the Finance Committee has delegated power5 to determine from time to time the split of income
generated versus capital appreciation.
capital commitments and expenditure plans are examined, and fund5 required to finance such
may be removed from general reserves as necessary for the attainment of its broad objectives,
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funds may, from time to time, be designated for specific purposes.
Monltorlng and Reviewing the Pollcy
The Board has resolved that:
day to day operational responsibility for the implementation of this policy be vested in the Chief
Executive. delegated to the Director of Finance and HR;
formal monitoring is undertaken on a quarterly basis by the Finance Committee as a delegated
body of the Board of Management: and
the policy is subject to at least one annual review by the Board and the members at the Annual
General Meeting of the Company.
FUTURE PLANS
Impact Evaluation
We have continued to monitor progress against the strategic objectives set out in our 2021- 2023
Strategic Plan utilising our Balanced Scorecard performance management system. This provides a
visual overview of progress using a RAG (Red-Amber-Green) rating of the performance of all our
services. This System involves the examination and analysi5 of qualitative and quantitative data across
our Charity, to measure our service delivery and impact. Going forward we will continue to monitor
performance in the following areas:
Customer satisfaction
Service delivery
Staffing
Finance
Governance
Annually, we revise and refine the Balanced Scorecard to ensure the data we collert and analyse
evidences the quality and impact of our work. Our trustees monitor this, alongside a quarterly
strategic review of our seNices.
Our ambition Is to:
Refine outcomes measures to better evidence the impact of our work.
Develop a consistent and quality pipeline of prospective adopters and foster carers to meet the
needs of the children referred to us for pIa￿rnent.
Continue to workwith the RAA'S to track the timeliness and appropriateness of matching children
as early as possible with families.
Work with commissioners of our Adult and Community Services to consolidate and develop our
service offer in response to identified need.
Deliver services in Communities to provide 5UPPOrt to enable people to live the best lives they
can.
Achieve financial stsbility through effective marketin8 and the provision of high quality services
in response to local need.
Plans and Challenges for 2024-25
A priority in the coming year, given the current economic climate, is to maintain the current level of
income of the Charity in order to ensure the financial stability of the Charity going forward. However,
the challenge will be to ensure that we do not compromise on delNering a quality servlce in any cost
saving measures that we undertake.
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We aim to finalise our new Strategic Plan for 2025 - 2027 and continue with our mission to create
chances, choices and opportunities for as many people and communities in the North West region to
live better lives.
Next year (2024-2025) will see the implementation of a new Strategic Plan, which will be developed
throughout this year {2024). The new strategic plan will be informed by a review and analysis of the
impact of our existing offer and in consultation with our service users and beneficiaries, staff,
stakeholders and trustees. Our current mission, vision and values will continue to be an integral
component of our next strdtegic plan.
Our Strategic Ambitions
Our Strategy will continue to build upon our previous successes. It will contribute to our stability
through maintaining high quality SUPPOrt and excellent service delivery. which benefits service users
and commissioners of our services. The Strategy will provide a structure within which we can deliver
our charitable object5, focussing our resources and energies on the activities which will best seNe our
community and the people we support. in ways that recognise and respond to the current challenges
facing social care and service providers. The Strategy prioritises:
A responslve approach to demands for our servi￿5
Maintaining financial stability
Commitment to our mission, vision and charitable object5
The provision of high quallty care and support
Raislng awareness and measuring success
In setting Out Caritas Care's Strategic ambitions, they are designed to promote sustainability, prioritise
the needs of seniice users, and increase our visibility, skills and service quality. The ambitions reflect
the unique contribution that Caritas Care makes as a social care provider in a volatile, unstable and
competitive market, as we work to deliver our aspirations and build a better future for our service
users. We aim to strengthen the Caritas Care 'familW, collaborate, consult, build trust, enhance our
sustainability and extend our reach to offer more people the chances, cholces and opportunities to
live the best lives that they can.
Our Challenges in achievlng our strategic objertives are:
To secure the long-term sustainability of the services currently delivered bycaritascare. OurGoal
is to establish clarity in our service offer and have a clear focus on our core business.
To maintain effective systems, processes and staffing structures to maximize our income
generation. Our Goal is to operate a robust financial model and maintain a pro-active approach
to managing finance, which will inform the strategic direction of the charwty.
To ensure that our staff team understand their role and share the values of the charity in order
to make our mission and vision a reality. Our Goal is to have a staff team who understand their
role in supporting the strategic direction of the charity and how what they do on a day to day
basis links to our mission and vision.
To maintain our current Ofsted and CQC ratings and continue to strive for excellence across our
services. Our Goal is to promote the quality and effectiveness of our seniices though the
engagement and endorsement of service users; marking the charity as an excellent provider
maintaining the highest standards in all our work,
A chan8e in key personnel both internally and externally could compromise relationships. Our
Goal is to maintain and strengthen our relationships with commissioners and be the 'go to,
provider for all of our services.
To maintain our place as a recognised and reputable provider of social care in a 'crowded
marketplace, through a robust marketing strategy. Our Goal isto increase visibilityof Caritas Care
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and the services we deliver across our geographical footprint to promote service user choice,
reach more people and build our supporter base.
Additionally, we need to ensure our Board of Trustees are compliant with the Charity Commission
Governance code.
STRucfuRE. GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
Recrultment and appointment of new trustees
The Trustees have responsibility for the strategic direction of the charity, ensuring that it is
financially sound, well-run, and delivering the Charitable outcomes for the public benefit for which it
was set up.
Appointment to the Board of Management is by election of the members by simple majority.
Appointment is for a maximum period of three years; there is no restriction on reappointment. One
third of Trustees retire by rotation each year. The Board elects its Chair and Vice Chair from its
members.
The Board seeks to ensure a good mix of experience and expertise, including local government,
finance, legal, human resources, marketing, education, health, commercial business, and experience
relevant to the senlices the charity provides.
When the need for recruitment is identified, vacancies are advertised and applicants are interviewed
by a small panel of Trustees, which includes the Chair. and the CEO.
Appointments are recommended to and confirmed by the full Board. All Trustee appointments are
subject to a satisfactory enhanced disclosure check from the Disclosure and Barring Service and
references.
The Board of Trustees also appoints the Chief Executive Officer (CEO), who is accountable to the
Trustees for the day-to-day operation of the charity, and for implementing strategy approved by the
Trustees. The CEO is salaried and not a Trustee. No Trustee has any financial interest in or receives
any remuneration for his or her services as a Trustee, but may be reimbursed for reasonable and
necessary expenses.
Or8anisatlonal structure
A list of Trustees is shown on page 13. The Trustees of Caritas Care are collectively referred to as the
Board of Management (Board) which is responsible for the strategic management of the Charity.
The Board meets four times a year and a Finance Committee meets between Board meetings. The
Charity's Health and Safety Group also meet quarterly or as required.
The Trustees agree the strategic direction of the Charity and ensure that this is in accordance with its
mission and ethos. Operatlonal management is delegated to the CEO who is supported by a senior
leadership team (SLT). Each area of service and activity is managed by a service manager who report
to the SLT. Various structures are in place to ensure cohesion across the Charity. The SLT generallv
meets each week and a forum of key service managers meets every six weeks. This enables the
Charity to be constantly learning and developing through the sharing of experience, development of
procedures and the cascading of policy developments.
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The Trustees receive a comprehensive annual spending plan and budget for their scrutiny and
adoption. All seNice developments are reported to the Trustees, plans are considered by the Board
and costing implications examined by the Finance Committee. There is delegated spending
authority approved through financial protocols, which set prudent limitations on all levels of
management. These protocols are reviewed annually. Any deviations from budget occurring are
reported to the Board of Management at the earliest opportunity. It Is at Board level that all
decisions are made about the development of new services or activities.
Indurtion and training of new trustees
New Trustees undergo an induction process to brief them on their legal obligations under Charity
and Company Law, the content of the Memorandum and Articles of Association, the ethos, vision,
mission and values of Caritas Care. the recent financial perfomiance of the Charity and the financial
projections.
New Trustees are given an Induction Pack, which contains key Charity Commission guidance on their
roles and responsibilities. During the induction process, new Trustees meet with key operational
employees and have opportunities to visit projects and services. Where this is not possible virtual
meetings are arranged to introduce new Trustees to service managers. The Trustees attend
development and training events and are linked with servtces and projects where this may aid their
appreciation and understanding of Caritas Care and facilitate their functioning as trustees. Bi-annual
Trustee development days are arranged to consider the future direction and development of the
Charity.
Key management remuneration
The salary of the senior staff is reviewed periodically by the Trustees. It is benchmarked against pay
levels in other charities of a similar size operating within the sector.
Risk management
We have a robust approach to managing risk. A Business Continuity Plan is reviewed and presented
to the Board annually and the Trustees at every Board meeting consider a Risk Register. A finance
Risk Register is reviewed at each meeting of the Finance Committee and incorporated into the full
risk register which is scrutinised by the Board.
Senior members of the Charity's Staff sit on appropriate bodies, both to contribute to the
development of our services and ensure that Trustees are furnished with relevant information to aid
their discernment of planning, opportunity and risk.
Much of the Charity's approach to risk is determined by a thorough appreciation of the environment
in which the Charity operates, and by ensuring that appropriate, experienced and qualified members
of staff are recruited and appropriately trained.
Financial risks are managed through scrutiny of cash flow, monitoring practices, and the
implementation of rigorous financial controls and procedures for the authorisation of all
transactions and projects. Trustees receive information about the financial position of the Charity on
a monthly basis.
Risk associated with the employment of staff is minimised through a contract with external
employment and legal advisers. This contract indemnifies the Charity against legal challenge where
the Charity follows the explicit guidance of advisors.
The Senior Leadership Team evaluates each service and project on a quarterly basis using the
Balanced Scorecard performance monitoring system, where risks and assessment of delivery is
considered. The results are then communicated to the Trustees at the following Board Meeting.
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The Charity's insurance arrangements are regularly reviewed, and opinion is sought whenever a new
area of risk, such as a new project, is identified.
A Health & Safety Group, drawn from the staff team and Trustees. audits the measures taken to
secure the wellbeing of its staff, visitors and those who use Its services and premises; Caritas Care
has an approved Health & Safety Policy.
Trustees have all undertaken refresher safeguarding training.
The Trustees. Appreciation
The Tfustees express their appreciation of the work of our volunteers whose commitment and
support have assisted the Charity to deliver its charitable objects during the course of 2023-24. Each
year Caritas Care benefits from the generosity of the people of the North West who 5UPPOrt
organised fundraising events and those who make individual donations and bequests. The Trustees
appreciation, therefore, extends to our individual donors and funders who continue to show their
confidence in the Charity through their support and encouragement to continually develop our
serdice5.
Finally. the Trustees extend their sincere thanks and appreciation to the staff whose professionalism,
commitment and personal values have enabled the Charity to achieve so much in a climate, which
continues to offer considerdble challenge. Through the commitment of our staff team and
volunteers, Caritas Care has been able to make 3 positive difference to the lives of children and
young people, families, adults who have disabilities, and those marginalised and vulnerable groups
of people with whom we have worked through the year.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Company number
1596400
Reglstered Charity number
326021
Registered office
218 Tulketh Road
Ashton
Preston
Lancashire
PR2 IES
Trustees
Angela Bowman
Matthew Eddisford
Michael Fetherstone
Mary Leavy
Stuart Lee
Anne-marie Morgan
Catherine Parkinson
Tracy Woods
Jo Higham
Andrew Bennett
Adam Roberts
Resigned 22-6-23
Appointed 1-8-23
Appointed 31-10-23
Appointed 31-10-23
Page 13 of 32

Caritas Care Limited
Company Secretsry & CEO
Susan Swarbrick
Audltors
Wallwork Nelson & Johnson
Registered Auditor
Chandler House
7 Ferry Road Office Park
Riversway
Preston Lancashire
PR2 2YH
Solicitors
Harrison Drury & Co Ltd
21 Castle Hill. Lancaster
Morecrofts
2 Crown Buildings
Liverpool Road
Crosby Liverpool
Jospeh A Jones & Co LLP.
6 Fenton Street
Lancaster
Medical Advlsor
Dr G Hobbs
C/0 218 Tulketh Road
Ashton
Preston
Bankers
HSBC Bank
35 Market Street
Lancaster
CAF Bank
25 King5 Hill Avenue
West Malling
Kent
srATEMENT OF TRUSTEES. RESPONSIBIUTIES
The Trustees {who are also the directors of Caritas Care Limited for the purposes of company law)
are responsible for preparing the Report of the Trustees and the financial statements in accordance
with applicable law and United Kin8dom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law require5 the trustees to prepare financial statements for each financial year, which
give a true and fair view of the state of affairs of the Charity and of the incomin8 resources and
Pa8e 14 of 32

Caritas Care Limited
application of resources, including the income and expenditure. of the Charity for that period. In
preparing those flnancial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
obsenie the methods and principles in the Charity SORP
make judgements and estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the Charity will continue in business
The Trustees are responsible for keepin8 proper accounting records, which disclose with reasonable
accuracy at any time the financial position of the Charity and to enable them to ensure that the
financial statements comply with the Companies Act 2006. They are 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.
In so far as the Trustees are aware:
there is no relevant audit information of which the charIt￿S auditors are unaware; and
the Trustees have taken all steps that they ought to have taken to make themselves aware of
any relevant audit information and to establish that the auditors are aware of that infomiation.
AUDITORS
The auditors, Wallwork Nelson & Johnson, will be proposed for re-appointment at the forthcoming
Annual General Meeting.
Approved by order of the Board of Trustees on 14 August 2024 and signed on its behalf by:
S. É
S B Swarbrick- Secretary
Page 15 of 32

Caritas Care Limited
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF CARITAS CARE LIMITED
FOR THE YEAR ENDED 31 MARCH 2024
Opinion
We have audited the financial statements of Caritas Care Limited (the 'Charitable Company,) for the
year ended 31 March 2024, which comprise the Statement of Financial Activities, the Balance Sheet,
the Cash Flow Statement and Notes to the Financial Statements, includin8 a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
In our oplnion the financial ststements:
give a true and fair view of the state of the charitable coMpan￿S affairs as at 31 March 2024
and of its incoming resources and application of resources, including its income and
expenditure for the year ended;
have been properly prepared in accordance with the United Kin8dom Generally Accepted
Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006
Basis for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors
responsibilities for the audit of the financial statement5 section of our report. We are independent
of the Charitable Company in accordance with the ethical requirements that are relevant to our
audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have
fulfilled our other ethical responsibilities tn accordance with these requirements. We believe that
the audit eviden￿ we have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to going concern
In auditing the financial statements, we have concluded that the tru5tees' use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charitsble
company's ability to continue as a going concern for a period of at least twelve months from when
the financial statements are authorised for issue.
Our responsibilities and the responsibllities of the Trustees with respect to Going Concern are
described in the relevant sections of this report.
Other Informatlon
The trustees are responsible for the other infomiation. The other information comprises the
information included in the annual report, other than the financial statements and our Report of the
Independent Auditors thereon.
Page 16 of 32

Caritas Care Limited
Our opinion on the financial statements does not cover the other Infomiation and, except to the
extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion
thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so. consider whether the other infomiation is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwi* appears to be
materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whetherthere is a material misstatement in the
financial statements or a material misstatement of the other infomiation. If, based on the work we
have performed, we conclude that there is a material misstatement of this other information, we are
required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and
Reports) Regulations 2008 requires us to report to you if, in our opinion:
the information given in the Report of the Trustees is inconsistent in any material respect with
the financial statements . or
the Charity has not kept adequate accounting records; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the information and explanations we require for our audit.
ResponslbllEtles of Trustees
As explained more fully in the Statement of Trustees. Responsibilities, the trustees (who are also the
directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fairview.
and for such internal control as the trustees determine is necessary to enable the preparation of
financial statements that are free from material mi5Statement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the Charivs ability
to continue as a going concern, disclosin& as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the Charitable
Company or to cease operations, or have no realistic alternative but to do so.
Our responsiblllties for the audit of the financial statements
We have been appointed as auditors under section 144 of the Charities Act 2011 and report in
accordance with the Act and relevant regulation5 made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, whetherdue to fraud or error. and to issue a Report of
the Independent Auditors that includes our opinion. Reasonable assurance is a high level of
assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will alway5
detect a material misstatement when it exists. Misstatements can arise from fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial statements.
Page 17 of 32

Caritas Care Limited
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed
below:
Enquiry of management and those charged with governance around actual and
potential litigation and claims.
Enquiry of entity stsff in tax and compliance funrtions to identify any instances of
non-compliance with laws and regulations.
Reviewing minutes of meetings of those charged with governance.
Reviewing financial statement disclosures and testing to support documentation to
assess compliance with applicable laws and regulations.
Auditln8 the risk of management override of controls and evaluating the business
rationale of significant transactions outside the normal course of business.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description
forms part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the Charitys Trustees, as a body, in accordance with part 4 of the
Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we
might state to the CharitY'S trustees those matters we are required to state to them in an auditors,
report and for no other purpose. To the fullest extent permitted by law, we do not accept or a55ume
responsibility to anyone other than the Charity and the Charity's Trustees as a body, for our audit
work, for this report, or forthe opinions we have formed.
Wallwork Nelson & Johnson
Registered Auditor
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lantashire
Date:
Page 18of32

Caritas Care Limited
STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2024
311312024 311312023
Total
Total
Funds
Funds
Unrestricted
Funds
Restricted
Funds
Notes
INCOME AND ENDOWMENTS FROM
Operating Income
Investment Income
Total
7,972,980
43,337
8.016,317
73.352
8,046,332
43,337
8,089,669
7,450,094
15,206
7.465,300
73,352
EXPENDITURE ON
Ralsln8 funds
Charitable Actlvltles
General
Carltas Care Dancers
Donatlons and Fundraising
Bi8 Lottery Fund-ACE
Blg Lottery Fund-PCC
Community Grants
Total
1,400
320
1.720
1,568
7,598,573
4,472
2,161
13,761
7,603,IJ45
2,161
13,761
7,536,398
21,467
7,027
3.597
19,760
7.589,817
32,132
23,301
76,147
32,132
23,301
7.676,120
7,599,973
NEf (EXPENDITUREI/INCOME
416.344
(2,795)
413,549
1124,517
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
1,606.155
2,022,499
29,488
26,693
1,635,643
2,049,192
1,760,160
1.635,643
Page 19 of 32

Caritas Care Limited
BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2024
Notes
2024
2023
FIXED ASSErs
Tangible Assets
Investments
Investment Property
li
399N26
340,198
12
174,000
573,426
174,000
514,198
CURRENT ASSErs
Debtors
Cash at Bank
13
831,126
1,573,690
2A04,816
897,223
980,285
1,877.508
CREDITORS
Amounts falling due within one year
14
1929,0501 (756,063)
NEf CURRENT ASSErs
1,475,766
1.121,445
TOTAL ASSETS LESS CURRENT
UABIUTIES /NEf ASSErs
2,049.192
1,635,643
FUNDS
Unrestricted funds
Restricted funds
15
022.499
26,693
1,606,155
29,488
TOTAL FUNDS
2.049.192
1,635,643
The Charity is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the
year ended 31 March 2024. The rnembers have not deposited notice, pursuant to Section 476 of the
Companies Act 2006 requiring an audit of these financial statements.
The Trustees acknowledge their responsibilities for
a. Ensuring that the Charity keeps accounting records that compty with Sections 386 and 387 of
the Companies Act 2006 and
b. Preparing financial statements which give a true and fair view of the State of affairs of the
Charitable Company a5 at the end of each financial year and of its surplus or deficit for each
financial year in accordan￿ with the requirements of Section5 394 and 395 and which
otherwise comply with the requirements of the Companies Act 21￿6 relating to financial
statements, so far as applicable to the Charity.
These financial statements have been audited under the requirements of Section 145 of the Charities
Act 2011. These financial statements have been prepared in accordance with the special provisions of
part 15 of the Companies Act relating to small companies and constitute the annual accounts required
by the Companies Act 2006 and are for circulation to members of the Charitable Company.
The financial statements were approved by the Board of Trustees on 14 August 2024 and were signed
on its be
by:
Trustee
C<4TltfQi pIE frf k I .
Page 20 of 32

Caritas Care Limited
CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operatln8 actlvities
Cash generated from operations
Net cash provided (used In) by
operating activities
663,447
{233.729)
663,447
{233,729}
Cash flows from investing Actlvities
Purchase of tangible assets
Sale Of tangible assets
Investment Income received
Net cash provided lused In) by Inve5tin8
artivltles
(109.739)
10,383
29,314
17,4921
3.635
2,640
170.042
{1,217)
Change In cash and cash equivalents In
the reportlng perfod
593fv05
1234,946)
Cash and tash equlvalents at the
be8lnnin8 of the reporting perfod
980,285
1,215,231
Cash and cash equlvalents at the end of
the reporting perfod
1,573,690
980,285
NOTES ON THE CASH FLOW STATEMENT
RECONCIUATION OF NET (EXPENDITURE)/INCOME TO NEf CASHFLOW FROM OPERATING
ACTIVITIES
2024
2023
Net Income/(Expenditure) for the
reportin8 perlod las per the statement
of flnanclal activities)
413,549
1124,517}
Adjustment for:
Depreciation Charges
Investment income received
Decrease/llncreasel in debtors
Increasel(Decreasel In creditor5
40,128
(29,314)
66,097
172,987
23,892
(2,640)
(38,717}
(91,747)
Net cash provlded {used In) by
operatln8 artlvitles
663A47
1233.729}
ANALYSIS OF CHANGES IN NEf FUNDS
At 114123
Cashflow At 3113124
Net Cash
Cash at Bank
980,285
593,405
1,573,690
Page 21 of 32

Caritas Care Limited
NOTES ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLiaES
Basis of preparing the financlal sLatements
The financial statements of the Charitable Company, which 15 a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP {FRS 102) '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 l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention with the exception of investments which are
included at market value.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to
the funds. it is probable that the income will be received. and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as 500n as there is a legal or constructive obligation
committing the Charity to that expenditure, it is pmbable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings, they have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Freehold property
Improvements to property
Fixtures and fittings
Motor vehicles
Computer equipment
not provided
- 20% on cost
- 25% on cost
25% on reducing balance
33% on reducing balance
The policy of not providing depreciation on all freehold buildings is a departure from the Companies
Act 2006 and FRS15 paragraph 84 but is necessary to give a true and fairview. It is the Charity's policy
to maintain buildings to such a standard, and their residual values are such that depreciation is not
significant, consequently certain freehold buildings are not depreciated.
Investment property
Investment property is shown at m05t recent valuation. Any aggregate surplus or deficit arising from
changes in market value is transferred to a revaluation reserve.
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Pa8e 22 of 32

Caritas Care Limited
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
Trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Penslon Contributions
Caritas Care is an admitted body to Lancashire County Pension Scheme. This scheme 15 a multi-
employer defined benefit scheme, which is funded by contributions from employee5 and employers.
Members of the Pension scheme may also contribute added year5 to the scheme ortake out an
additional voluntary contribution scheme, each of which is funded by the employee alone. New and
existing staff who are not members of the Local Government Pension Scheme (LGPS) are
automatically admitted to the Peoples Pension auto enrolment scheme, unless they exercise their
right to opt out of the scheme.
The CountyTreasurer's Department of Lancashire County Council administers the LGPS scheme after
taking advice from the scheme's actuaries William M Mercer. It is managed in accordance with the
Local Government Pension Scheme Regulations 1997, (as amended). Past and present employees
are covered by the provisions of the Scheme.
The Trustees are unable to confirm the Charit(s share of the underlying assets and liabilities of the
Lanca5hire County Pension scheme and therefore the Scheme is accounted for a5 a defined
contribution scheme. This treatment is permissible under FRS 102, under the provisions of multi-
employer schemes. The LGPS provides that in the event that a single employer has individuals
contributing to the scheme then any remaining liability for benefits payable under the scheme fall on
that employer. Since the main participating employers are statutory bodies the Trustees consider it
highly improbable that such a liability will ever fall to the Charity.
OPERATING INCOME
2024
2023
Grants and Fees
8,046,332
7,450.094
8,046,332
7,450,094
Grants and fees received. included in the above are as follows:
2024
2023
Big Lottery Fund-ACE Project
Big Lottery Fund-PCC
Donations and Fundraising
Grants & Fees
Communlty Grants
7,027
3,597
21,467
7,398,243
19,760
32,132
22,689
7,966,210
25.301
Total cash and cash equlvalents
8￿46,332
7,450,094
Page 23 of 32

Caritas Care Limited
INVEsfMENT INCOME
2024
2023
Rental Income
Investment Income
14,023
29,314
12,566
2,640
43,337
15,206
RAISING FUNDS
2024
2023
Ralslng donatlons and legacies
Fundralsing costs
1.720
1.568
1,720
1,568
CHARITABLE AcfiviTIES COSTS
2024
2023
General
Donations and Fundraising
Big Lottery Fund - ACE Project
Big Lottery Fund-PCC
Community Grants
7,603,045
15.922
7.536,398
21.467
7,027
3.597
19.760
32,132
23.301
7.674AOO
7,588,249
NET INCOME/(EXPENDITURE)
2024
2023
Net Incomel(Expendfture) Is stated
after chargln81{credltln8):
Depreciation-owned assets
Profit on disposal of assets
Loss on dlsposal of assets
140,128)
10,198
(2,037)
{23,8921
13,635)
TRUSTEES, REMUNERATION. BENEFITS AND EXPENSES
There were no Trustees, remuneration or other benefits for the year ended 31 March 2024 norfor
the year ended 31 March 2023.
There were no Trustee's expenses paid for the year ended 31 March 2024 nor for the year ended 31
March 2023.
Legal fees of £4,000 were accrued in 2023-24 in respect of legal costs relating to the preparation of
the lease on Bannister House. £788 was charged in 2022-23 regard to the ending of the lease at
Finkle Street. These fees relate to Harrison Drury, the firm of Solicitors where Michael Fetherstone is
a consultant. They were incurred after Michael Fetherstone became a Trustee of the Charity. Mr
Fetherstone did not act on behalf of the Charity in respect of these commissions.
Page 24 of 32

Caritas Care Limited
STAFF cosrs
2024
2023
Wages and Salaries
Social Security Costs
Pension Costs
4.157,845
341.250
355,441
4,854,536
3,989,568
344,207
351,456
4,685,231
The average monthly number of employees during the year was as follows:
2024
140
14
154
2023
134
12
146
Dirert Charity workers
Management and administration
The number of employees whose employee benefits (excluding employer pension costsl exceeded
£60,(X)O was:
2024
2023
£60JK)1- £70,0(KI
£70.001- £80,000
In addition, the Charity benefitted from the service of over 30 Volunteers. No remuneration was
pald to these individuals.
COMPARATIVES FOR THE STATEMENT OF FINANaAL AcllviTIES
2023
Totsl
Funds
Unrestricted
Funds
Restrirted
Funds
Notes
INCOME AND ENDOWMENTS FROM
Operatin8 Income
Inve5trnent Income
Total
7,398,243
15,206
7.413,449
51,851
7.450,094
15,206
7,465,300
51,851
EXPENDrruRE ON
Raislng funds
Charitable Artlvltles
General
Donatlons and Fundraising
Big Lottery Fund-ACE Project
Bl8 Lottery Fund-PCC
Community Grants
Total
1,568
1,568
7,527,769
8,629
21,467
7.027
3,597
19,760
60,480
7,536,398
21,467
7,027
3,597
19,760
7,589,817
7,529,337
NEf INCOME
(115,8881
{8,6291 {124,517}
RECONCIUATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
1,722,043
1,606,155
38,117
29,488
1.760,160
1,635,643
Page 25 of32

Caritas Care Limited
10
PENSION
Caritas Care is an admitted body to Lancashire County Pension Scheme. This scheme is a multi-
employer defined benefit scheme. Contributions are charged in the Statement of Financial Activities
as they accrue. The contributions not paid over to the scheme administrator at the year-end were
£26,025 and are included In creditors.
The most recent tr*ennial review of the scheme was undertaken in 2022-23 and as a result the
Charity's employer contributions to the scheme have been revised to 23.3% . There is no longer a
requirement to pay additional sum5 in respect of past members as the scheme was fully funded at
the point of the triennial review.
Staff not members of the local government pension scheme were admitted to the Peoples Pension
auto enrolment scheme. The Charity makes a contribution of 3% for all members of this scheme
except where the employee was previously a member of the stakeholder scheme or where the
member of staff would have been admitted to the stakeholder scheme. In these instances, an 8%
employer's contribution is made. The value of contributions not paid over to the scheme
administrator at the year-end was £11,642 and is included in creditors.
The total employer contributions made forthe accounting period are treated as an expense and
were £355.441 {2023 £351,456).
li
TANGIBLE FIXED ASSErs
Freehold
Property
Improvements
Fixtures
to Property and Flttln8S
C05r
At l Aprll 2023
Additions
Disposals
At 31 March 2024
287,992
333,111
92,705
{16,3041
409,512
99,779
2,070
{15,0941
86,755
287,992
DEPRECIATION
At l April 2023
Charge for the year
Eliminated on Dlsposal
At 31 March 2024
312,391
24,523
18,9581
327,956
92,416
5,275
{15,094)
82,597
NEf BOOK VALUE
At 31 March 2024
At 31 March 2023
287,992
287.992
81,556
20,720
4.158
7,363
Pa8e 26 of 32

Caritas Care Limited
Motor
Vehlcles
Computer
Equlpment
Totals
cosr
At l April 2023
Additions
Disposals
At 31 March 2024
40.559
6,796
17,200}
40,155
51,195
8,168
812,636
109,739
138.598)
883,777
59.362
DEPRECIATION
At l April 2023
Charge for the year
Eliminated on Disposal
At 31 March 2024
27,577
4,185
(4,163)
27,599
40,054
6,145
472,438
40,128
(28,215}
484360
46,199
NEf BOOK VALUE
At 31 March 2024
At 31 March 2023
12,556
12,982
13,164
11.141
399N26
340,198
In March 2011. Vincent House. 61 Furness Avenue, Blackpool was transferred to Caritas Care when it
assumed responsibility for the work of the Charity 'Homeless in Blackpool,. This property has been
valued in 2006, by Michael Cuddy, Associates at £250,000. The valuation prepared by HDAK in April
2013 was £215,CM)O.
12
INVEsfMENT PROPERTY
FAIR VALUE
At l April 2023
Dlsposals
At 31 March 2024
174,000
174.000
NEf BOOK VALIE
At 31 March 2024
At 31 March 2023
174.000
174,000
18 Belvedere Road was transferred to Caritas Care when the Charitable Company took responsibility
for the operations of Homeless in Blackpool on 14 March 2011. An estimate of the sale value of this
propertyobtained (May2023} from Zoopla property portal website is£191,0(XJ based on the valuation
of similar properties in the area. Given the fluctuations in the property market and modernisation.
which would be required, the value of this property is recorded in the financial statements at
£IIO,O(MJ, its value at the date of transfer.
In 2016- 2017 it was decided that the office owned by the Charity at 2 Rodney Street, Barrow, which
is a terrace house. should be refurbished and offered as a rental property. This property. which is now
tenanted, has been reclassified as an investment property and has been revalued accordingly. In 2017
the property was valued by Duxbury's at £64,OIX). A recent property search on Zoopla, indicated that
the value of the property is now in the region of £74,000. Again given the fluctuations in the market,
to be cautious the property has not be restated at this increased value.
Page 27 of32

Caritas Care Limited
13
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade Debtors
Prepayments
775,945
55.181
831,126
841,627
55,596
897.223
14
CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
ZOZ4
2023
Trade Creditors
Social Security and other tsxes
other Creditors
Accruals and Deferred Income
492,912
89,257
167,217
179,664
929,050
384,941
108,086
154.912
108,124
756.063
Deferred Income
Balance as at l April 2023
Amounts Deferred in the year
Amounts Released in the year
Balance as at 31 Mar¢h 2024
108,124
96,175
124,635)
179,664
15
MOVEMENT IN FUNDS
2023 Movement
In funds
Transfers
Between
funds
2024
Unrestricted Funds
General Fund
Redundancy Reserve
ICT Reserve
Property Maintenance Reserve
926,293
612,706
26,IXJO
41,156
1.606.155
416.344
15,470
115,470}
1.358.107
597,236
26.000
41.156
2,022N99
416,344
Restrirted Funds
Donations and Fundraising
Legacies
LDS Vehicles
Other Community Grants
6,261
13.651
8,576
1,000
29,488
1,677
7,938
13.651
4,104
1.000
26,693
{4,472)
{2,7951
TOTAL FUNDS
1,635,643
413,549
2,049,192
Page 28of 32

Caritas Care Limited
Net movement in funds, Included in the alx)ve, are as follows:
Incomin8
Resources
Resources
Expended
Galns and Movement
Losses
In Funds
Unrestrlcted Funds
General Fund
8,016,317 (7,599,973)
416,344
Restrlcted Funds
Donatlons and Fundraisin8
Caritas Care Dancers
Bl8 Lottery Fund PCC
LDS Vehicles
Other Community Grants
13,812
4,107
32,132
114,081)
{2,161)
(32,132)
{4,472)
(23,301)
176,147)
1269)
(4,472)
23,301
73,352
(2,795)
TOTAL FUNDS
8,089,669 17.676,120)
413.S49
Comparatives for movement in funds
At Movement
11412022
In funds
Transfers 311312023
Between
funds
Unrestrirted Funds
General Fund
Redundancy Reserve
Icr Reserve
Property Maintenance Reserve
1,055,066
599,821
26,000
41,156
1,722,043
1115,8881
112,8851
12,885
926.293
612,706
26,¢J)O
41,156
1,606,155
(115,8881
Restrlcted Funds
Donations and Fundraisin8
Legacles
Training Grants
LDS Vehicles
other Community Grants
6,261
13,651
2,250
14,955
1,000
38,117
6,261
13,651
12,250)
16,379)
8,576
8,629)
29A88
TOTAL FUNDS
1,760.160
1124,5171
1.635,643
Pa8e 29 of 32

Caritas Care Limited
15
MOVEMENT IN FUNDS contlnued
Comparative net movement in funds, Included in the above are as follows:
Resources Galns and Movement
Expended
Losses
In Funds
Incoming
Resources
Unre5trlcted Funds
General Fund
7,413,449
17,529,337)
1115A88)
Restrlcted Funds
Donations and Fundraising
Training Grants
Big Lottery Fund ACE Projert
LDS Vehicles
Big Lottery Fund PCC
Other Community Grants
21,467
(21,467)
12.250)
17,027}
16,3791
13,5971
119.7601
160,4801
{2,250)
7,027
16.379)
3.597
19,760
51,851
(8,6291
TOTAL FUNDS
7,465,300 {7,589,8171
{124,517)
A current year 12 months and prior year 12 months combined position is 35 follows:
Transfers 311312024
Between
funds
At Movement
412022
in funds
Unrestrirted Funds
General Fund
Redundancy Reserve
Icr Reserve
Property Maintenance Reserve
1,055,066
599,821
26,000
41,156
300,456
2,585
12,5851
1,358,107
597,236
26,000
41,156
1,722,043
300,456
2.022.499
Restrlcted Funds
Donations and Fundraising
Legacles
Training Grants
LDS Vehicles
Other Community Grants
6,261
13,651
2,250
14,955
1.000
38,117
1,677
7,938
13,651
12,2501
110,8511
4.104
1,000
26,693
111,4241
TOTAL FUNDS
1,760,160
289,032
2,049,192
Page 30 of 32

Caritas Care Limited
15
MOVEMENT IN FUNDS continued
A current year 12 months and prlor year 12 months cornblned net movement in funds. Included in
the above are as follows:
Incoming
Resources
Resources Galns and Movement
Expended
In Funds
Unrestrlcted Funds
General Fund
15,429,766 115,129,310)
31KJ.456
Restrlcted Funds
Donations and Fundraising
Training Grants
Caritas Care Dancers
Big Lottery Fund ACE Project
Big Lottery Fund PCC
LDS Vehicle5
Other Community Grants
35,279
135,548)
12,250)
12.1611
17,0271
(35.729)
(10,8511
143.0611
1136,6271
[269)
12.250)
4.107
7,027
35.729
110,851)
43,061
125,203
111,424)
TOTAL FUNDS
15,554,969 (15,26S,9371
289.032
The Redundancy Reserve is an amount designated by the Trustees. The value of the reserve
represents the minimum value of resenies required to meet the Charity's obligations to pay
redundancy should the Charity cease to operate. The value of this reserve is calculated annually at
31 March and any additional designations or reductions in the fund are reflected in the Financial
Statements.
The Trustees considered the ongoing operational requirement to invest in the maintenance and
capacity of the Charity's buildings and information technology. The Trustees have determined that
designated reserrfe should be established to set aside funds for property maintenance and
improvement. There have been no additional designations made to these reserves in the year, nor
have any of the funds been expended.
16
CAPITAL COMMIThMENTS
The Charity did not have any capital commitments at the end of the year {2023 £nil)
17
RELATED PARTY TRANSAcfioNS
Legal fees of £4,OIXI were accrued in 2023-24 in respect of legal costs relating to the preparation of
the lease on Bannister House. £788 was charged in 2022-23 regard to the ending of the lease at
Finkle Street. These fees relate to Harrison Drury. the firm of Solicitors where Michael Fetherstone is
a consultant. They were incurred after Michael Fetherstone became a Trustee of the Charity. Mr
Fether5tone did not act on behalf of the Charity in respect of these commissions.
There were no other related party transactions for the year ended 31 March 2024 (2023 £nll
18
POST BALANCE SHEET EVENTS
There were no post balance sheet events for 2023-24 or 2022-23.
Page 31 of32

Caritas Care Limited
DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2024
311312024 3V312023
INCOME AND ENDOWMENTS
Donations and Legacles
Grants and donations
8,046,332
7,450,094
Investment Income
Rental Income
Other Investment Income
14,023
29A14
43,337
12,566
15,206
Total Incoming Resources
8,089,669
7.465,300
EXPENDITURE ON
Ralslng Donatlons and Legacies
Fund Raising costs
Charitable Activities
Direct Charitable Activitie5
1,720
1.568
7,674,400
7,588,249
Total Resources Expended
7.676.120
7,589,817
Net Income/(Expendlture)
413,549
1124,517)
Page 32 of 32