THE PAUiA CARR CHARrrABLE TRUST ANNUAL REPORT AND FINANCIAL 8TATEMEKrs FOR THE YEAR ENDED 31 MARCH 2021 R•glstsrnd Chartty No: 801596 THE PAULA CARR CHARITABLE TRUST CONTENTS Page No Chty Reference and Adrninistrative Details Trustees. Annual Report Independent Examinerfs Rew statement of Financial Activities B818nce Sheet stst¥mont of Cash Flows 10 Notes to the A(£ounts THE PAULA CARR CHARtrABLE TRUST CHARITY REFERENCE AND ADMINISTRATIVE DETAILS Ch•rty r•glJtsxtlon nuM￿r 801596 Settlor Iml Simpson Ch•imi•n Gary Fagg MBE Tm•ur•r Nicola Curd Tr￿tee8 Clive Anderson Stephen Bond Rosalynd D6bling Gary Fagg MBE Geoffrey Tubb Koy hl•n8gement Per￿fine1 Helen Eiford R•glster•d Offi Paula Carr Dlabgtss Centre Wllliam H8rvey Hospmal Kenninglon Road Willesborough Ashford Kènt Indo￿ndent Ex•mlner M A Wilkes FCA Azets Audit Semces 5th Floor Ashford Comrneraal Quarter l Oover Pla A8hford Kent Bankers S#ntander UK Ltd Customer Servic8 Centre Bootse Meisgyside National Westminster Bank PIC 20 Hloh Street Ashfofd Kent Cafcash 25 Kings Hill Avanue lfjngs Hill West Malling Kent Scc4tish Widows Bank Pic. PO Box 12757 67 Morrison Street Edlnburgh Metro Bank PIC 72-76 High Street Brornley Kont 8R1 1EG Sollcltor8 Hallett & Co, Soliators 11 Bank Strset Ashford Kent THE PAULA CARR CHARITABLE TRUST TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021 The truste8s pr¥$￿t IwmiÉth their wort and examinpd firwiu81 statements oflhe charity for the yearended 31 March 2021. The financial Statements have been prepared in accordance wlh the accounting poliaes set OLrt In note 1 to the afxounts and compty wlh charity's governing document, the Chariiie8 A¢X 2011 and AcLounting and Reporting by Charities.. Statement of Recommended Praclic& applicable to ch8rthes pr8paring their 8ccounts +n 8m)rdance WFth Ihe Financial Reporting StandaTd applicable in the UK and Republic of Ifeland (FRS 102) wbllshed on 18 July 2014. as amtrnded by Bulletin 1. Obioetlv8# and •etlvlti¢$ The main objective of the charity is to relieve the pAckness of diabetic pattents INing in Kent or for such other ¢haritable pufpose as tho tr￿1&85 in Ihelr obsoluto d1$u￿On detemlne. Public benofft Biatement The Paula Carr Charitable Trust meets Ihe definititin of a ptsb1￿ bènefft entTty under FRS IIY2. Assets and liatiilltie8 are inltsally recognised at histortcal cost or transaction value unless otheNse stated in the relevant 8¢xounllng pollcy notes. The truste88 ¢onllm that they have referred to the uuidan(* conl8ineil In the Charity Commi85ion'8 general guidance on public benefit when revtthwng the Trust's aims and obiectNes aThJ in planning future athvities. Annual rwi•w The Paediatric Diabete5 SeMc4 is still golng from strength to strength. We have continued lo support them lo become a cgntrg of excellenco for paodlalri¢ sorvices and this yoar hava continued in th& fundlng for the mcKlemisgtion of Ihg11 clinical area. This year we have continued to fvnd the 8 to 7 project, which provides real 8UPPOrt for young Children and parents as the children embark on the next stage of their lives as they enrol into secondary education. We believe there is a real need for this type of support Bnd follovAng letters ol thanks from parents vjho said it made 8 mal difference to thoir children'$ confidence, we aro continuing the proj8Ct in 2021122. This proie¢A is nol just for the East K8nl area, it18 for the whole of Kent. During this financial yoar we have been PLthing for tfansition services to be stsrted for the children when they berL)m8 adults. The Paedi8lric Diabetes Sgrv((x is excellènt but the young people seem to fall off a drff when they reach adulthood and donl receive the close monitoring that they are used to. We aim to prevent this situation by having a transition seFvice that helps them genly along the path to adulthood. Ouring 2021r22 will continue our quest for transition servlce and ￿11 not re6t unlll rt has been achieved. During thls yg8r, thanks lo our efforts in past years. Fr8eStyle Libr6 is now wdgly used both In the adult and paediatsSc population. As w8 90 lo p￿sS a new version of the Ubre has become availab6e. the Libre 2. Ths addition to the ￿bre range, with its waming sound alerts, enhances 115 ability to help patients as they deal with the fall oui of their Jndition. A$ 3 result of the Covid lothdtswn. part(￿tar 4Te8$ of diabètes rAf9 havo w8v$rèd. Thg Ilrst one h88 been the18¢k offoTmal education for nthy diagnosed dialxle5 patients and th8 S￿n￿, the ot available feet assessments. Both of thvde problems have been caused by the inabilty to meet face to fac8. In Order to ￿lIeVe the impact of the8e problems. OUT Trust has stepped in and created solLrtions. The first Solut￿n, the provision of online edupation for all fom)s of dlaWe8 throughout Kent, We￿ t￿& 8s I thls report and this Inltialive Is in p8rtnefship wth Kent and Medway CCG. We have o)mmltted £450,000 and expect a real positive toneflt In th8 provlslon of knovAentinuèd to invgsl in providln9 8 machlnè (2lled Palnpod whlch Is Ilke an advancgd version of thg Tens machine which has the ability lo transfom patients lives. by ￿duang the discomfort caused by phantom limb pain followng below knee amputation. This machine has also helped people suffering from Fibromyalgia pain which is often associated wth Diabetes. Another project has been the offer of Hype￿arit Oxygen Therapy for patients $l￿trIng from leg ulcers which prove difficult to treat 8nd heal. Although this is not readily available on the NHS. we havo seèn som* awnazing result8 which have tolalty removed the risk of losing a limb to 8mputalion. We have al30 supported patien18 o suffer fjnanual problems at indivtdual level, by purchasing equipment thatwill enhance th￿r treatment reglmes. S8dly, the trustee$ are 5ti11 awaiting a declsion from the NHS wnanagors 59 that we can finally start a pilot proieL* for the delNery of podiaty se￿ceS into the communty. We wll o)ntinue to push the local managers for actlonl Durlng the past year a Patlenl Mgdicine Review seNi¢e hay conb.nued * the Darent Valley Hospital and is Still obtsining very posthve Tesulls. We look forward lo an excthng outcome for patients admitted to hospital on mutti therapies of drugs in 2021r22 As a result of the good woT1t carried out al the Darent Valley Hospital, and on the recommendation of the Chief Phamacist. we initiated a medicine management Teview in gen¢r81 practice. The Communty Pham7adsts are the professionals who have most contact wlth patients. As we to pre$$ irT 18s1 years report, ￿ had jlrsl agr8èd some new Dlabgtss and Mgdidne Rgvlaws for the Medw8y 8fea. Th88e reviews by top prof8¥slonsl Cllnical Pharm8CiSts have had 8 major, positlve Imp8ct for our diabetes patients. The reviews were so successfvl during a very difficult time due to Covid 19, that we hope to drive these review throughout K9nt in the next year orlwo. To enable us to do this work we hovo 1&4m¢d up with a numbgr of inlemational pharmaceutical ￿MPanI&S who have agreed to sponsor us. Durlng the past year hove continLwd lo be invofved a number of indiwdual patlents vh￿, sadly, had a lot of problems catssed by uncontrolled Diabetes. Wé have managed to come to their ￿scue in a number of ways and h8VO fflanaged to16ave them in a b8tter place. Hopgfully in 2021122 wg wlll still be in the pos￿0￿ to help many more. THE PAULA CARR CHARITABLE TRUST TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021 Pl•n• fortho futurn Icontlnu•dTr Unfortunately as I wrile this review, our couirtry is still Suffering as a result of the pandemic. Because many of our patierrts have suffered through lack of NHS a￿sS during these difficult times. we Mll need to be prepareil to meet many more of our patfjents as they endeavour to deal wth their diabetes problems. This means that yet again we lace another challenging ye8r as we start 2021122 promises lo be a challenging year, as OUT Trust continues to support the hard lo reach patienls. We will also conlinue to support innovations that wtll further enhance the liv88 of paI￿nIS INiThJ th dlabBtes In Ke*)L Tho Trustees of the Paula CaTh Diabetes Twst are 81111 very wlling to go the extra mile in 8upport of the pat￿$ suffering from the consequences of uncontrolled diabetes. We wll also continLse to lobby the NHS detysion makers who now ne8d to roallsè that thè tlmo for under Invg$lm8nl Iti Dlabèlg$ s8*wlc&s18 now overl Going ¢<￿¢•M The trustees have wnsldered the Impact ofthe Covh&19 outhreak. There havenl been any cash lfv or going ￿nCeM l$sues idenlmed Ot presgnt. In ￿)rdance with Government guSdellnos. staff have been working fmm home during the parKlemic, and Iruslee meetings have been attended via video conferenclng. The finanaal statem&nlB have been prepared on a going ￿nCern baBiS as the tTUStees believe that no mateiial uncertainlies exlst. Thè trustees have eonsidered the level of funds heid and the oxpeGt*d level of incomè and expendrture for 12 months from aumoiising thgsa finanual statements. The budg&ted income and expenditure 18 8uffiaenl the ￿Ve1 of fe8ewve8 for the charity lo be able to continue as a going con￿rn. Structure. governance and manag•mort Trus￿5 ofthe charlty The trustees who have served during the year and since the year end were as follows citva Anderson Stephen Bond Rosalynd Debling Gary F8g9 MBE Geofftey Tubb The Paula Carr Chafitablg Trust 1$ a registered Charity (No. 801598} gstsblishod by a Deed of Trust dated 12 May 1969, as varied by a scherne of 24 May 1990. A Special Resolution was passed on 12 June 2017 to remove the requirement for the charity to apwnt audsiors to audit the financAal statements. The Trust operates under the name of The Paula Carr Charitable Twst. The Twsl ¢s an unincorpNated chfjrty. The regSstaFed addres8 is William H8tY8y HospSts1, Ashford, Kent. TN24 OLZ. Apporntmwrt of trustee¥ The goveming document preS￿b¢S that thar• shall be a minlmLrn of thrne trust￿ and o mtixTmum ol ewdht. The goveming d0￿ment does r￿1 stipulate howtrustees should be appointed. Rocrulbnent of trust••8 ProspectEve tnjstees are rafXJmMend￿ by •xi¥ting tru$tg8S to loh lyJard of tfu3tse3 or advertisements are placed in the lorAI press. Key managoment parsonr The trustees ￿nSider the trustees. the treasurer and the senior management team comprise th8 key man8gemenl personnel of the ¢harty in charge ol diwbng and ¢ontro11ing, running and operats.ng the charty on a day to day basis. All tru51ees gwe of their time freely and no trustee received remuneration in the year for sgrvicgs as a trustee. The trustees approve remuneralion for the key management persoM¢I. THE PAULA CARR CHARrrABLE TRUST TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021 Truyt•es' rnsponsibllld The tru8tee3 ere responsible for prep8ring the Tru$lees' Annual Report (Induding the Strategic RepDrt) and the nancial statements In ac(grdance ￿th applicable law and United Kingdom Accountsng Stsndards (United Ksngdom Generally Accepted Accounllng Prnclice}. Unfler Charity Law. the trustees shall p￿pa￿ fin8n¢ial Statements for eac* finanual year, which give a true and fair view of the slate of aff8it¥ of the charitable trust and of the incoming resour(*s and application of ￿sourCeS, induding the income and expenditLsre, ol the charitable trL*St lor that p¢rt¥J. In preparing these financial statem&nts. thè trustoes are requlred to: 8elect SLTritable accoLsntino pollcies and then apply them consistenlly.. observe tho m&thotl8 and principles in the Charities SORP 2015 {FRS 1021: make judgements and estimates that are reasonable and prudent., - stsle wh¥lher applicable UK Accounting Standards have b88n follow￿. subled to any fflaterial departur8s d￿CloSed and explained in the financial statsmènls., - prepare the fin8nii81 ststements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees a￿ responsible for keeping adequate aocountSng rgrxJrd$ that disclose with Teasonable accuracy at any lime the financial position of the charrtabl8 trust. Thgy arg a130 responsible for safeguarding thg assets of the charitabte trust and hencè lortskiftg reawiable stsps for the prevention and detection of fraud and other Irregularities. By Order ofthe Board Date.. 9 November 2021 Gary Fag9 M8E INDEPENDENT EXAMINER'S REpoirr TO THE TRUSTEES OF THE PAULA CARR CHAR￿ABLE TRUST I repoTt lo the charity Iruslees on my examination of the accounts of the charity for the year ended 31 Marc* 2021 which arg set out on page5 8 to 18. Re8ponsibili￿es and ba8ls of report AS thè charity's trustees you are r&%ponsible for the preparation ol the a¢)xunl$ in awdanco wilh the requlfements of ￿ Charrties Act 2011 Ilhe Acri. I report in respect of my exominatton of tho ¢h8rty'8 ac£ounts ¢arried out under section 145 ofthe Ad and in carrylng out my ex9min8￿on I have foli(P•￿d all the appltcable Direclions given by the Charfty Commission under seclion 14515>lbl of the Act. Having satlsfied rnyseif that the charity 1$ not subie¢t to audll under compèrry and is eliglble for Trndep8ndenl •xamination. tt ts my respons1bil￿ lo- examine the accounts under seclion 145 of the 2011 Act.. follcw4 the procedures laid ift the general Diraction5 gwen by the Charty Commission under 8e¢tion 14515llb} of thè 2011 Act,. 8nd state vthether particular matters have cometo my attenllon. Indepgndgnt •xamln•ts slat•mont I have completod my a%amination. l ¢onfim that no material matters have ¢ome to my attantion In ￿nnectIOn the ex4rnination giving me cause lo believe that in any material respect accountlng records were not kept in respect ofthe charTrty as required by se(aion 130 of the Act., or 2 the accounts do not aecord wtth those records", or 3 the a￿Unts do not ￿mplY with Ihe applicable requirements ￿ncemIng theforn and conlenl of accounts sèt out in the Chwities IAixounts and Reports) Regulations 2008 other than any requir&Tnent that the a¢xounts give a Irue and fair viev/ which is not a matter considered as part of an independent examlnation. I have no concems and have come no other matter3 in Ixnnection with Ihe examination to whith attention 8houkl be dravm in this report in orderto enablè a proper understandlng of the a￿￿nIS to be reached. M A Wilkes FCA Azets Audit SÈrvice8 5th Floor .Ashfofd Commera81 Quarter 1 Dover Place Ashford Kent 17 November 2021 THE PAULA CARR CHARrrABLE TRUST STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2021 Nots Uw•stri¢ted R08tricted Fund• Fund• 2021 Unro8trietéd Restrlded Total Fundg Fund8 2020 Total Incomo from: Donobons and legataO8 Inve$lmenls 137.993 1.740 75.000 212.993 1,740 713,084 5.761 713.084 5.761 75,000 214,7 18. 71 Expendlturn on: ch8rit9b￿ a¢tivilie8 757.650 757,650 459,233 459,233 T¢)ts1 o¥penditure 57.650 459,233 459. Nfrt movomont In fund• 1617,91T) 75.CO) (542.917) 259,612 259,812 Reconclllailon of fundB: Total funds br¢ught ftsThArd 2,797.951 797.951 2.538.339 2,S38.339 Total funds ¢arri•d fofward 80,034 55, 2,797,951 7.951 All *ronsactions are d8ri¥ed from continuing activllles. All recyjgrrised goins and Ioss8S arn Indud811 in the Statemenl of Financ4al Ac11￿1105. THE PAULA CARR CHARrrA8LE TRUST 8ALANCE SHEET AS A T31 WIRCH 2021 2021 2020 Flxed assots: Tangible assets 354.351 399,615 Cunynt •88•ts: Debtors Cash al bank and in hand Short terni investment 10 65.867 1.235,071 1,052.178 2.353.118 220,514 1,221,211 1.049,547 1491,272 11 UabllStie8: Cr&liloTS falltng du9 Imthln year 12 (272.433 192.938) 2,080,683 2,398,338 Creditorn falling due within ¢n• y•or 13 1180,000) NET ASSETS 2.255,034 2,797,951 The fund8 of the charfty: Restricted funds Unrestricted fijnds Dosignated fvnds TOTAL FUNDS 15 75,000 1,825,683 354,351 2,255.034 2.398.336 399,615 17 The financ?al statements were approved and aulhori58d for issuè by tha Boans of Tmste8s on 9 November 2021 and slgned on its behalf by-. GaryFagg MBE Chalrnian Rosalynd Debling Tru¥ts• The notss on page• 11 to 18 fomi part ofth8¥• financTal Staten￿nts THE PAULA CARR CHARITABLE TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Nèt ¢￿h flow from opprntlry actlvlll•8 18 14,751 161.151 Cash flow from Invostlng actlvhles Payments to acquire tsng￿le )Ixed assets Interest re￿ived Net flow from Inmtlng activltle¥ 11,5581 5.761 4.203 1.740 1,740 Net in¢r•a•e in cash and c￿h equivalents 16,491 165.354 C48h and ¢8$h oqutv•lgTts •t 1 Aprfl 2020 Cash and cash equlvalerts at 31 March 2021 2,270,758 2 287 249 2,105,404 2 270 758 Cash and caBh equlvalents con¥i•ts of: Cash 81 bank and in hand ShDrt teTrn depostts Cash and cash eqU￿alents at 31 March 2021 1,235.071 1,052.178 2,287.249 1,221,211 1.049.547 2,270,758 10 THE PAULA CARR CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AIARCH 2021 Accounting policie 1.1 Basls of aceounlng The Paula Caff Charitable T￿st is a reg￿tered charity iri the United lfjngdom. The address of the registered office is glven in the charity infom)ation on pa￿ 1 of these financial statemenfs. The n8ture of the charivs operations and prfndp81 aeUv￿eS is to ¥dlgve the slckness of dlabèb"c pall¢nt$ Ilvlng In Kent or for su¢lJ other ¢h8tilable purpw as tha trustees in their absolute discretN)n determine. The charity conslitutes a public benefit entity as defined by FRS 102. The flnanual statements have been prepared under the histori¢al cost ¢onvention with items ￿Cognis8d at cost or transathon Wdlue unless othew8e ststed in th8 rèlevant notes to Ihe8e accounts. The fin8n¢ial ststem8nts have been pr&pared in aiLordance wth the Stslement of Recommended Practice.. Ac£ounting and Reporting by Charities preparing their accounts in accordance wilh the Financial Reporting Standard appli(sble in the UK and Republsc of Ireland IFRS 1021 issued on 16 July 2014 8$ amended by Bulletin 1 and the Financial Reporting Standard applicable in the Unrted Kingdom and Republic of Ireland IFRS 102} and the Chartbes Act 2011. The financ4al statements are prepared on a going concem basis underthe historical cost convention, modined lo include e*rtain items at fair value. The financial statements are prepared in stertin9 which is the functional cutTency of the charity. The sigftificant a(xx)unling poli¢ieS applied in the Preparation tsf these finanrAal slalemtsnts are Set out below. These policies have been consistenuy applied to all years presented unless otherwise stated. 1.2 Incom• rneognition All income is incIL￿ed tn the Statement of Finandal Advtties (SoFA} when the charity is legally entiued to the income after any perfOrrnan￿ conditions have teen met. the afflount can be measured reliably an(1 il fs probable Ih8t the income 11 be received. For donations to be fecognised the charity will have been notified of the amounts 8nd the 8etVefnent date in Nwling. If there are Cond￿On5 attached to the donation and Ihis reqLtires a level of PBTfOMan￿ trefore enlillemenl can be obtained then income is deferr6(l unlll thosè condition8 are fvlly met or thè fvlfjlment of those (￿nditionS is withtn the control of the ¢h8rity and il 13 probable that they wll be *Jlfilled. For legacies, enthlement Is the eartier of ¢h8rity l)eing notnled of an IM￿ndIng distribution or the legaw being receThied. At this point income is rewgnised. On ocrAsion legacies wll be nolffjod lo the charity however it is not possib to measure the amount expeded to bg dlslribuled. On th08e oc¢8*ons. the legw Is treatsd os a corttongent 8888t and disclosed. No amount is induded in the ffnancial statements for volunteer time in Inie whh the SORP IFRS 102). Further detail is gfven In the Tru8lee8' Annual Report. Invastmgnt inwme is eamed through holding 8ssets fow Investment PUTposes such as cash deposits. 11 indudes Interest Inwme which is recognised using thè gff&¢knve interest method. 1.3 Expendltur• rèeognition All expenditure is accounted for on an accwals basis and has been cL95slfj8d under headSngs that aggr898ts all c08ts related to the c8t89ory. ExperKlilure is recognised where there 15 a ￿9￿1 or constructive obligation to make payments lo thlrd parties. it is probab￿ that the settlement wll be required and the amgunl of tho obligation can be M￿ured rell8bty. It 1$ categorised undeT the followfng headings.. - Expenditure on charitabl8 8cUthlies ¢omprt8es those costs incaJrr8d by thè charity in the dellvery of its actsvitOe3 and services for beneficiari85. It includes both o)sts allocated dlrndy to aL*wlies and Iho$8 ¢0818 of an indirect nature nèce8sary to support them. 1A Support eo8ts Support costs are those Ihal 8SSiSt th8 work of the chadty but do not direclly represent tharttsblg acbvliies and indude office costs, govern8n(8 costs. admtnistrative payroll costs. They are Incurred dlTectly in Support of expenditure on the oble¢ts of the ¢haiity. The base$ on which support cosls have bgen allocaled and the analysis of thèse costs is induded in nota 5. 11 THE PAULA CARR CHARrrABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 Accounting polleles (cont1n￿dI 1ts Funds Unrestricted general funds arè lund$ which can be used in accordance vAth the tharltsblo obie¢ts at the discrelion of Ihe trustees. Designated fvnds represent unrestricted ftjnds th81 have been set aside by the trustees for partlcular purposes. Th8 designated fund balanca ha$ beon represented to ensure that the fund batanc* accuratsly Telects th8 de6ignation poli adopted by tt)è Iru$lges. Restricted funds are funds that ¢an be u3ed fo¥ particular restricted purposes vAthin the oblects of the L*aritable ojmpany. Restridon arises vthen specTfi¢d by the donor or ¥then funds are raisèd for particular restrided PUTposes. 1.6 Tanglblè fix￿ •Jsets and deprectat5on Tangible fixed assets 8fe stsle¢A 81 ￿st (or deemed ¢))st} or valuation less accumulated depreciation and accumusated Impairment10sse8. Fixed assets below £200 are not CAPrt8llsed. Depreaation is prowded on all tangible fixed assets, at rates cakulated to wrile off the cost ostimalod rgsidual value, of each asset on a syslematl¢ bas1$ ovor its &xp&¢t￿l usefijl life, as tollows.. Buildings Office equipment Straight line over15 years Straight line over4 years Impairment A88ets r￿t measured at fair value ore rnvimd for any indication that the asset may be impaired at each balance sheet dale. If such indication exlsts. th8 recoverable amount of the a58et, or the asset's ger*Tating unil, is estimated and OMpa￿ to the carrying amount. Where the carryng amount exceeds its recoverable amount, an impairment loss is cognised in profil or loss unless the asset is ￿Tr￿d at a revalued amount where the ifflpaiTm8nt loss is 8 rov8luallon decreasè. 1.7 Debtors and ¢r•dltorn receivable I payable T*lthln 4ryn• yur Debtors and creditors with no $laled interest rate and receivable or payable within one year are rpxorded * trans8¢tlon prkx. Any1088&3 arising from impaimient 8r8 rtcognised in expenditure. Short terni Snvg8tm•nt Shorttgrnl Investment indudes cash held in ffixed tenn interest Wrlng deposit aoxvrrts. 1.9 Tax Thè charity is an exempt charfty ￿thIn the meaning of Bc*edufe 3 of the Charilles Act 2011 and 1$ Conside￿d lo pass the lesls sel out in Paragraph 1 &hedule 6 Finance Act 2010 and theiefore it meets the definkion of a c*aritable ￿MpanY for UK cory)oration tax purposes. 1.10 Golng ¢orMrn The financial st8lefflent8 have been prépare(l on a going La)ncem basis as the trustees ￿lieve that no material uncgrtAintie5 exi61. The trust88s have IXJn8idered the level of fijnds held ar￿ the expected level of income and èxpendrture for 12 months froFn authorislng these finantial $18tsrT¥ents. The budgeted ino)me and expendkure i suffiuent wth the level of reserves for the charity to b8 able to c¢Jntlnue as a going contxm. The trustees have nsidered the impa¢t of the Covi(k19 oulbr*ak. Thwe havenl been any ca$h Ilow or going concem issues ident5fied at prosenL 12 THE PAULA CARR CHARrrABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 A¢¢ouniing poli¢l•• l¢ontlnwll 1.11 Judggments and key sources of estlmatlon uncert•lnty Accounting estimates and judgements are contlnually evaluated and are based on hlstorfc*l experience and other factors, including èypectstions of future events th* 8re beliovfjd to be reasonablo uniler thè ciicumsl8n¢es. Useful economle IEves of tangible assets The annual depreualion charge foi tangible assets is sensrfive lo changes in the estimated usefvl economic lives ond residual values of the assets. The useful economlc lives and residual values Bre reassessed annually. They are amènded %then necessary lo refiect current estimates. based on technological advancement, fijture fnvestm8nts. 8¢onomic utillsalon and the physlcal conthtion of tha assets. See note 9 for the carrying afflounl of the plant and equipment. and note 1.6 for the usefvl economic lives foT e8th dass ot assets. 1.12 Financial instruments The charity only has financ4al assets and financial liabilities of a kind that qualrfy 88 ba8ic ffina￿al in8tNmerts. Ba8lc finanthal insiruments a￿ Inrtlalty ￿¢00￿1$ed at transathon V￿￿e and subsequentty measured at Ihelr seluement value. Income from don•tlon8 2021 2020 Donations LegarAe8 82.382 130611 20,884 692 200 The ino)me frorn donat￿nS and legacies was £212,993 (2020.. £713,064}, of whith £75,000 (2020:£nil) was restrict¢d and £121.98512020.'£713,0841 was un￿Stricted. The charty benerrts greally from the involvement and enlhusiaslic support of tts volunteers, deta115 of whith are glven In OIIT annual report. In accordance wth FRS 102 and the Charities SORP {FRS 102), the eojnomic contribution ol general volunt￿r$ is not rècognised in the accounts. Ineom•from inv•sknents 2021 2020 Interest- deposits The income from inveslmenlB Wa5 £1.74012020.. £5,781), all ofwhich was unrestricted. 13 THE PAULA CARR CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 Expendlture on charitable actlvltie Dlrnet costs Support 2021 Total 2020 T¢tal Map My Health Diabetic patient medication revÉews Clarus cam*3 Education Hub Personal Protectr¥e Equipment- Ophthalmology D&pt. Donations Paediatric team donation Diabetes MèdicAI Evaluation Report Fool sereonin9 Monitoring equipment donated to p8llents Hyperbaric oxygen therapy Edu¢ation81 leaflets and books Open Eyes Project Oiabetes Clinictan Projgct Dartford & Gravesham Pham7acist Project Painpods University Dlploma CcmJT8e in DiabeliG Care donation Neuropads Hypo Hounds New Romney Bow18 Club Donations to nurses funds Childith)'¥ holid8y fund don?Ilons 450,000 89,320 60,800 18,940 15.UOO 12,859 10.177 63,333 8,756 8,557 2,666 2.111 1,810 1,432 513.333 79.076 69,357 21,606 17.111 14,669 11,609 8,624 8,327 7,471 6,096 371 38.147 13.391 22,271 7,3C(I 6,549 1,027 922 752 17,185 6.974 331 191,887 87,879 51,164 8,417 8,314 6,W7 4,349 959 325 757 650 Expenditure on tharitable activi￿ was £7S7.850 ￿￿20. £459,233), all ofwhi¢h unrgstsicied. Allocatlon of govèffiane• and Support ¢¢xts The charity init(ally ldentrf￿ the costs of tts $upport fundon8. 11 then Nlentifies thoso costs vthich Telale to the governance fvnctioll. Having idenufied rts govemance (tsls, the remaining support costs toyèther ￿th the govemance costs are apportioned bgh¥8en the Charitable activities undertaken during the year. The support costs and govemance costs arè allocated propTats to direct expenditure. 2021 Tatal 2020 Total Dopreryetion Se￿1¢e charge. rates and storagè ccth. W8g& Governan￿ costs (Note 61 Travèl Website and ￿mPUter eypenwts Insurance Sundry expenses Marketinglpublic relations Loss on disposal of assets sta￿ontry, postsge and photocopying Telephone Bank dMrg•s 44.856 18,883 13.212 7,518 44.868 18,526 13,301 8,953 8.903 1,499 1,381 833 1,029 1,491 872 472 471 408 599 182 89 14 THE PAULA CARR CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AIARCH 2021 Govomanc• 2021 2020 Independent examIne￿S fee Accounlan¢y Insurance 2,188 4.820 530 8.515 530 St•ff costs and employee benefits The average number of employees during lh¥ ygarvras 112020.. 11, all of which rekled to charitable aCalv￿&S forthe tharlty. Thero or• no èmployees with emoluments above £80,1100 (2￿0.. None). The total staff cosls and wnployees benefiys was as follows 2021 2020 Gross wages Employerfs pens¢on ¢xJntributions 12.828 12.914 387 212 T￿￿te88, and koy managgm•nt p•w>nng1 Ygmunwatton •nd ex￿nIeS Tho tW8tees Teceived no remuneration during the year for seNices as twstee5 (2020.. None). Travel expense$ totalling £4,*8 (2020 £8,903) were paid to 3 Trustees (2020: 51 during the year. As at 31 March 2￿21 £51212020.. £5321 was owed lo 2 Trustees12020: 1 Trust￿}. Professional Indemnity Insurance for the trustees of £53012020: £5301 was purchased In the year out of funds belongin9 lo the TDJSt. The total amount of remuneration received byth8 on8 member of 818ff vtho is the key managem•nt personnd IB £13,212 12020= £13,301}. The Trust ¢on8ider8 Its key management peTsonnel compromise the Trust Artministrator. 15 THE PAULA CARR CHARrrABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 Tanglbl• As8•ts Ngw Bulldlng Building Offl¢e extenslon equlpment Total Cost As at 1 April 2020 Disposals AI 31 MBr¢h 2021 586,022 214,942 44,538 825,500 214 Depr•¢i•tlon A$ at 1 April 2020 Charge for year On disposals Al 31 March 2021 286.873 31,018 96,327 13,151 42,885 689 425.885 44.856 31 889 Net book valugs At 31 Mor¢h 2021 105 At 31 March 2020 All fixed assets are u8ed for direct chaiitable purposes. A D18betics Care Centre at the William Harvey Hosptlal in Ashford, w88 con8tnKted using funds of £215.773 raised by Thg P8vla Carr Charitable TrusL The building was handed over to thè South East Kerrt Health Authority on 30 August 1991. Since then the Trust has purchased equipment for Cèntrs. wtuth ha8 been transferred to the South East K8nt Health Authority. 10 Dobtors 2021 2020 Trade debtors Other debtors Prepayments and acerued incom8 17.176 21X).000 63,164 11 Short terni Investment 2021 2020 Cash * bank 1052 178 105217 12 Crgdltorn: amounts falllng du• wlthln one year 2021 Trade creditors Project commitments (see note 141 Ward ftJnd8 Taxation and social s8curSty Olhei cr8drtors Accruals 12.780 245,200 4.453 6.715 88,703 4.453 72 1,214 1,148 16 THE PAULA CARR CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 13 Crndltoys: amounts falling dug after one ywr 2021 2020 Project commthi8nts1898 Tr)te 141 180000 14 Pro•et eommilments 2021 2020 Diabete8 Clinic4an Prole Map My Health 35,200 68.703 16 Rostslct•d lunds R￿triCtsd fundB 2021 A• at 1 Aprll 2020 Asat31 Expandlturo Trnnsfern March 2021 Income Diabetic patient medwion reviews Ph8mi8¢18t training Diabetic pAtSont m•dleaOt)n During the year ended 31 March 2021 the Ch8rfty recewed donations totalllng £40.C for fttture d18betiC P8Yenl medi¢81ion rev￿w5. Pharnia¢l8t tralnlng DurFng the year ended 31 March 2021 the Charfty received donations totalllng £35.L for future specialist training of pharmacist5. FollovAng their training th8 phamatysts wlll be able to undertake diatietic patient me