Charity Registration No. 801967
Company Registration No. 02359751 (England and Wales)
PRAMACARE
(LIMITED BY GUARANTEE)
TRUSTEES' REPORT AND AUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Secretary
Managing Director
Charity number
Company number
Registered office
Auditors
Solicitors
Investment advisors
Bankers
Mr RJ Pringle
Mr E TO Adamson
Mr D LF Cawdery
Mrs SE Powell (appointed 21 May 2024)
Rev MS P Willis (appointed 10 December 2024)
Ms J Rock (resigned 3 September 2024)
Mr N C Johnson (resigned 10 December 2024)
Mr R K Allam (resigned 10 December 2024)
Miss FC Tasdelen
Hazel McAtackney
801967
02359751
Moran House
1 Holes Bay Park
Sterte Avenue West
Poole
Dorset
BH15 2AA
Saffery LLP
Midland House
2 Poole Road
Bournemouth
BH2 5QY
Lester Aldridge
Russell House
Oxford Road
Bournemouth
BH8 8EX
Evelyn Partners
25 Moorgate
London
EC2R 6AY
Barclays
Leicester
LE87 2BB
Santander
Charities Aid Foundation
CCLA Investment Management

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
CONTENTS
Trustees report
Page
1-8
Statement of trustees' responsibilities
9
Independent auditor's report
10-13
Statement of financial activities
14
Statement of financial position
15
Statement of cash flows
16
Notes to the accounts
17 - 34

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The directors and trustees present their annual report and the financial statements for the year ended
31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts
and comply with the Charity's Articles of Association, the Companies Act 2006 and 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 (FRS102)
(effective January 2015).
Legal Status
PramaCare is a charity and a company limited by guarantee. It is a wholly owned subsidiary of the Prama
Foundation which appoints or removes the Trustees. The Chair of PramaCare must be a Prama Foundation
Trustee. The work of PramaCare is core to the Christian mission of the Prama Foundation which has the
objective of supporting people, primarily across Bournemouth, Christchurch and Poole, to live with dignity as
they age.
Objectives and activities
The objects clause in the Company's Memorandum of Association states:
The relief of:
a) persons suffering from a physical or physiological infirmity or disability
b) older persons suffering financial hardship, sickness, poor health or social exclusion by reason of their age
or ill health
in ways that express Christian love and compassion in a practical way.
The company as a provider of personal care is subject to the Health and Social Care Act 2008 and is
regulated by the Care Quality Commission (CQC).
Achievements and performance
PramaCare is defined by our mission statement: "To support our community by delivering trusted services that
reflect our values of respect, compassion and faith"
PramaCare's ethos follows the example of Jesus Christ, who showed care and love in a practical way. As a
non-denominational Christian charity, PramaCare is committed to helping people, regardless of creed, culture,
or beliefs. We understand that each person we support is an individual and we seek to provide compassionate
support, giving dignity and respect.
During 2024/25 PramaCare supported 143 clients in total (2023/24: 334) with quality domiciliary care. In achieving
this we employed 86 much valued care staff (2023/24: 106). PramaCare also supported 1,549 clients with their
nail care (2023/24: 1,361).
In addition to ensuring that the people PramaCare support can continue to enjoy an independent and fulfilling life
living at home, we also continued to subsidise (at £10,141) some of our clients so that they could continue to
benefit from our support (2023/24: £8,380).
We know that our care workers and support staff make a profound impact on the people they are caring for and
support, the following is feedback from a daughter of a gentleman who PramaCare has been caring for. It is
representative of a lot of the feedback we receive and what we are seeking to achieve as a charity:
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PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance (Continued)
My father has been looked after by the wonderful carers and management team at PramaCare since
November 2023 following the death of my lovely mum. Dad, who suffers from dementia, is treated with
kindness and dignity from all the carers who visit him on a daily basis. It's been a pleasure for me as his
daughter to work with the team at PramaCare to ensure all my father's care needs are met and enable me to
have a big part of my life back and give my dad some independence to live at home safely
However, we also know there is a lot we must do: despite the quality care we have been providing over the
years we have seen a reduction in the number of people we are supporting, for example in 2023/24 we were
providing 1,357 hours of care on average each week; by 2024/25 the figure was 1,004. Some of this is due to
issues which PramaCare has little or no influence on including:
• A saturated market. There are 46 home care agencies registered with the Care Quality Commission in Poole
alone. (147 registered in the Bournemouth, Christchurch and Poole area.)
• The need for greater investment in the UK social care sector.
• Cost of living challenges.
This being so, we would not be the charity and care provider we aspire PramaCare to be if we said that we
did not strive to continuously improve the service we offer.
Following are the key developments we implemented during 2024/25:
Recruiting more clients: We have reviewed the way in which we promote the quality services of PramaCare
to potential new clients and how we carry out the initial and ongoing assessments of their care needs so
that we can ensure we are meeting our clients' needs.
Marketing Campaign: We have developed a robust marketing campaign to promote the Prama name and
make more people aware of what we do and how we can support them. This has been supported by a series
• of social media posts which include client testimonials.
Recruiting to our staff team: We have further improved this process, specifically how we initially induct, train
and support colleagues. This is so we can ensure that we have a well-supported workforce delivering excellent
services to our clients.
Enhancing the way in which we collect feedback from PramaCare's clients and respond to their needs:
We know we must undertake annual surveys of the clients we support and this year we collected feedback that
demonstrates that we are fulfilling the criteria the Care Quality Commission has outlined for care providers; it
is an effective framework for PramaCare to work to.
Expanding our client base: we are working with the local authorities to find ways to provide care to different
types of clients. There are more younger people with care needs in the community and PramaCare can
support those people to live full and rewarding lives.
Partnership Working: we are forging partnerships with the wider health and social care community. By
working together, we can provide better care for all those we serve. We currently have 14 active partnerships
with other care providers, residential care providers and others connected to supporting social care.
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PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance (Continued)
SepsisUK: We have formed a partnership with Sepsis UK to help promote the importance of recognising the
symptoms early.
• Our shops display information and leaflets provided by SepsisUK and we have provided
specialist training to our Care Support Workers.
Day Care Services: many people can live independently but would benefit from accessing day care services
where they can enjoy social activities, be helped with any therapy needs and receive a good meal.
By combining the skills of PramaCare and PramaLife we can deliver such a service in our community. We are
engaging with the BCP Council in their development of the future of day services in the area.
Plans for the future
areas next year.
In order to keep the momentum of our drive for continuous improvement we will be developing the following
Client Feedback: As well as a series of feedback questionnaires shared with our clients, we are looking to
set up active client forums to gain real time feedback about our services. We want these forums to also help
us shape future developments with our services.
Cost of Living: We have not increased our care prices despite increasing costs to Prama. Over the next year
we will be looking at how we can streamline our processes to be more cost effective and pass the savings
onto our clients.
Partnership working: We will continue to work in partnership with other agencies in the area to offer the best
seamless services we can to as many people as possible.
We would like to thank our clients and their families who have provided us with donations and legacies; it is
much appreciated.
Prama's Charity Shops
2024/25 saw another strong performance from our shops team, we generated income from sales of
£1,415,923 (2023/24: £1,220,332) producing a net surplus of £315,714 or 22% (2023/24: £307,486 or 25%)
of our income. The Charity retail association advised in 2019 that the aim for a charity shop should be a 15%
surplus after all costs.
We now have shops in the following areas: Ashley Cross, Boscombe, Blandford, Kinson, Parkstone,
Tuckton, West Moors, Christchurch, Westbourne and our superstore at the Westover Retail Park,
Bournemouth. Two new shops were opened during the year, one in Winton which opened in September 2024
and one in Bearwood which opened in December 2024.
We also operate an Ebay shop from our warehouse at the Nuffield Estate Poole.
We cannot thank our 120 charity shop volunteers enough, it is their commitment and customer care and retail
skills which make the Prama shops such a success.
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PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
The total income for the charity was £3,577,677 (2023/24: £3,959,191). The provision of care and support is
the primary activity producing this income. Demand remains strong for Prama's services. however the
competition within the domiciliary care market and challenges of recruiting new staff in difficult economic
conditions has meant that PramaCare delivered far fewer care hours in 2024/25, 52,554 compared to 70,997
in 2023/24.
Delivering fewer care hours has had a significant impact on PramaCare's income which has resulted in an
overall deficit for the year of £110,078 (2023/24: surplus of £275,671).
The trustees are committed to sustaining a position where income from domiciliary care covers all related
costs, and other income from fundraising and trading enables us to supplement care if the need arises for
those who find themselves in financial hardship. As a result, the ongoing process of ensuring that
PramaCare's cost structure is as efficient will continue during the 2025/26 financial year.
The charity shops generate vital income to fund our non-care activities and support the expansion of the
Prama Group. The development of new charity shops and the move into online sales and the continued
generosity of supporters and former care clients through donations and legacies provided a welcome
boost to our income.
The results for the year, the state of the charity's affairs and transfers between the restricted and unrestricted
funds are shown in the attached financial statements.
Fundraising
In the year the Company received or was notified of legacies amounting to £1,160 (2023/24: £114,478) and
donations of £7,189 (2023/24: £5,566).
Investments
The company has an investment portfolio held by Evelyn Partners. As at 31 March 2025 the investment
portfolio was valued at £171,211 (2023/24: £170,262). The trustees' policy is to invest as much cash as is not
needed for current working requirements with Evelyn Partners and allow the fund managers to choose
investments for a balanced return with medium risk. There is no specific limitation for social, environmental
or ethical investment purposes however the trustees have confirmed during 2024/25 that the nature of the
investments held is consistent with the nature and purpose of PramaCare.
Reserves policy
The charity's unrestricted and undesignated funds amount to £570,568 (2023/24: £703,599). The trustees
monitor the level of reserves on a regular basis throughout the year and set a target level, appropriate to the
charity's current position and future plans. The ongoing requirement for reserves is to provide for the long term
need for working capital, caused mainly by the monthly cycle of collecting invoiced charges for care after the
staff have been paid for its delivery, and also to provide for short term fluctuations in income from trading,
investments and other donations and grants. Following a full review of the reserves policy during 2020/21
the trustees considered it prudent to maintain a minimum reserve of £475,000 in this respect.
The Reserves Policy was further reviewed by the trustees on 17 July 2024 where it was agreed that the
minimum level of reserves should remain at £475,000.
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PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Financial review (Continued)
Unrestricted general funds stood at £570,568 on 31 March 2025(31 March 202: £703,599). The difference
between reserves held and the level of reserves as set out in the policy has been noted by the trustees and
after consideration of the challenging conditions facing PramaCare it was determined that retaining a higher
level of reserves in the short term was appropriate mitigation for this risk.
Note 27 to the accounts identifies those funds that can only be realised through the sale of tangible fixed
assets and investments.
Fixed assets
Full details of movements in tangible fixed assets are set out in note 17 to the financial statements.
Sources of funding
As mentioned above, the bulk of income for the charity is produced from its charitable activity of providing
care and support as part of meeting its objectives. This income is derived primarily from private clients
using their own funds or allocated Direct Payments from Local Authority support. We also have a small
proportion of work contracted directly by Local Authorities and Clinical Commissioning groups.
Voluntary income includes those funds generated from general charitable donations and legacies as
mentioned above. The shops also produce an income for the charity as part of their fundraising activities.
Fundraising
PramaCare undertakes its own fundraising activities and does not use the services of a professional
fundraiser or commercial participator. In doing so it provides information to individuals who express an
interest in donating to the charity or leaving a legacy but it does not directly canvass individuals for
fundraising purposes. The charity has not at this time signed up to a voluntary fundraising regulation
scheme or standard
During 2024/25, no complaints were received in respect of the charity's fundraising activities.
Expenditure
The majority of expenditure incurred is wages and travel costs for the care team and the care support workers
in connection with the charity's objectives and its charitable activity of providing care and support.
Governance and administrative costs are incurred in support of the charity's primary role including the
management team, finance and HR departments for example and for the charity to adhere to relevant laws
and regulations.
Remuneration policy
None of the trustees receives any remuneration. The remuneration of the senior management team is set
by the trustees, having regard to market rates, experience needed and the degree of responsibility held.
The total remuneration and benefits of the senior management team amounted to £178,968
(2023/24: £130,651).
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PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employee involvement
The annual staff survey showed that staff are feeling stressed at work. In response to this the
results were discussed at the Management Team Meeting and managers were tasked with
sharing these with their teams and developing local actions to improve areas around staff feeling stressed
at work.
The Employee Assistance contact number has been shared with staff again to ensure they
have access to counselling if they need it. New staff are provided with these details as part of their local
induction.
It is anticipated that the next staff survey results will show an improvement in the number of staff feeling
stressed at work.
Risk Assessment
The Trustees monitor risk by way of a corporate risk register supported by local risk registers. The local risk
registers are monitored at the Management Team Meeting quarterly.
In addition to the risk registers the Trustees also receive a board assurance framework (BAF) which identifies
those threats to Prama achieving its' strategic plan and charitable objects and how those threats are being
managed. The BAF details how threats are being mitigated, any gaps in assurance that the mitigations are
being effective and plan to address the shortfalls.
The principal risks to the business relate to;
1. Insufficient care hours negatively impacting on financial reserves which is being mitigated by active
promotion of the care service, joining the local authority home care frameworks and developing
partnerships with other care providers.
2. Lack of cash flow to pay payroll and suppliers which is being mitigated by regular monitoring of bank
balances and debtors owing.
3. Insufficient staff to meet new service delivery which is being mitigated by using technology better to inform
workforce planning.
Structure, governance and management
The organisation is a charitable company limited by guarantee, incorporated on 10th March 1989. It was
registered as a charity with the Charity Commission on 20 December 1989. The company was formed under
a Memorandum of Association which established the objects and powers of the charitable company and is
governed under its Articles of Association.
. Under the terms of the Memorandum of Association each member
of the company guarantees to contribute £1 towards the assets of the company in the event of it being wound
up while he/she is a member, and towards the costs, charges and expenses of winding up.
None of the trustees have any beneficial interest in the company.
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PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management (Continued)
The trustees, who are also directors for the purpose of company law, and who served during the year were:
Mrs N Lee
Mr RJ Pringle
Mr E TO Adamson
Mr D LF Cawdery
Mrs SE Powell (appointed (appointed May 2024)
Rev MS P Willis (appointed 10 December 2024)
Ms J Rock (resigned 3 September 2024)
Mr N C Johnson (resigned 10 December 2024)
Mr R K Allam (resigned 10 December 2024)
The Prama Foundation is the ultimate parent undertaking of PramaCare and has a board of directors which
received recommendations and information during 2024/25 from two sub-committees focussing on:
- Care (The Board of PramaCare)
- PramaLife (The Board of PramaLife)
The chair of each committee is held by a director of Prama Foundation and these make recommendations to
the full Board of the Prama Foundation. The directors, who are also charity trustees, establish policies that
are then implemented by the senior leadership team who are responsible for the employment of staff that
carry out the objectives of the company.
New director/trustees are appointed following a review of skills by a nominations sub-committee. Each
trustee elected meets with the senior management team and then observes a board or sub-committee
meeting before final decisions are taken on appointment. The nominations sub-committee report to the
board. Persons considered to be able to offer particular expertise to the charity are given a Trustee Handbook
and Strategic Plan and meet with the Chair to receive a full explanation of the purposes, ethos and practices
of PramaCare before being invited to serve on the board.
From 1 April 2024 to 2 January 2025 the Chair of the Prama Foundation held the legal position of 'Nominated
Individual, with the Managing Director holding the position from 3 January 2025 to 31 March 2025. The
Registered Manager' takes responsibility for the delivery of care activities, as required by Care Quality
Commission regulations. The nominated individual supervises the Registered Manager who, with her
Locality Care Managers, are responsible for assessing the appropriate care and support required by the
clients referred to the charity. They are also responsible for the management of Care Support Workers and
ensuring that calls are scheduled and carried out appropriately.
A number of staff are also appointed to deliver non-regulated services. These include support to Carers,
specific projects for people with dementia, and community based development work. These provide clear
evidence of PramaCare's charitable benefit.
For the 2024/25 financial year, day to day management of the charity was delegated to the Senior Management
Team.
- 7 -

The trustees have given due regard to public Benefit when planning the charity's activities, in accordance with
sections G2 and G3 of the Charity Commission's General Guidance on Public benefit (January 2010).
The paragraphs in this report set out our activities, achievements, and performance during the year, which are
directly related to the objects and purposes for which the charity exists. The charity achieves its principal objects
and purposes through care to any members of the public in the local community who have needs arising from
a physical or psychological infirmity. These benefits are directly related to the aims of the charity and are fully
compliant with Principles 1 and 2 of the Charity Commission Principles on Public Benefit.
Auditors
Saffery LLP are auditors to the charity and in accordance with Section 485 of the Companies Act 2006
the trustees will propose a motion re-appointing the auditors at their annual general meeting.
Disclosure of information to auditors
Each of the directors has confirmed that there is no information of which they are aware which is relevant to the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to
identify such relevant information and to establish that the auditors are aware of such information.
On behalf of the board of trustees
thee
Mrs N Lee, Chair
11th December 2025
- 8 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees, who are also directors of PramaCare (Charitable Company Limited by Guarantee) for the purpose
of company law, are responsible for preparing the Trustees' Report and the accounts in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of
the state of affairs of the Charity and of the incoming resources and application of resources including the
income and expenditure, of the charitable company for that year.
In preparing these accounts, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent; and state whether applicable accounting
standards have been followed, subject to any material departures disclosed and explained in the financial
statements, and
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will
continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy
at any time the financial position of the Charity and enable them to ensure that the accounts comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included
on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of
accounts may differ from legislation in other jurisdictions.
- 9 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITORS' REPORT
TO THE TRUSTEES OF PRAMACARE (CHARITABLE COMPANY LIMITED BY
GUARANTEE
We have audited the financial statements of PramaCare for the year ended 31 March 2025 which comprise
Statement of Financial Activities, Statement of Financial Position, Statement of Cash Flows and notes to the
financial statements, including significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• give a true and fair view of the charitable company's state of affairs as at 31 March 2025 and of its incoming
resources and application of resources, including its income and expenditure, for the year then ended;
• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
and
• have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
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 Auditor's responsibilities for the
audit of the financial statements 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 in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide
a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' 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 charitable 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 responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the financial statements
and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the
financial statements does not cover the other information and, except to the extent otherwise explicitly stated in
our report, we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
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PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITORS' REPORT (CONTINUED)
TO THE TRUSTEES OF PRAMACARE (CHARITABLE COMPANY LIMITED BY
GUARANTEE)
misstatement of this other information we are required to report that fact.
We have nothing to report in this regard.
Other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
• the information given in the Trustees' Annual Report which includes the Directors' Report for the financial
year for which the financial statements are prepared is consistent with the financial statements; and
• the Trustees' Annual Report which includes the Directors' Report has been prepared in accordance with
applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustees' Annual Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
report to you if, in our opinion:
• adequate accounting records have not been kept, or returns adequate for our audit have not been received
from branches not visited by us; or
• the financial statements are not in agreement with the accounting records and returns; or
• certain disclosures of trustees' remuneration specified by law are not made; or
• we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Trustees' Responsibilities Statement set out on page 10, the trustees (who are
also 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 fair view, and for such internal
control as the trustees determine is necessary to enable the preparation of financial statements that are free
from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, 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 to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditors under the Companies Act 2006 and report in accordance with regulations
made under that Act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report 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 always 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.
- 11 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITORS' REPORT (CONTINUED)
TO THE TRUSTEES OF PRAMACARE (CHARITABLE COMPANY LIMITED BY
GUARANTEE
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The specific procedures for this engagement and the extent to which these are
capable of detecting irregularities, including fraud are detailed below.
Identifying and assessing risks related to irregularities:
We assessed the susceptibility of the charitable company's financial statements to material misstatement
and how fraud might occur, including through discussions with the trustees, discussions within our audit
team planning meeting, updating our record of internal controls and ensuring these controls operated as
intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial
statements. We identified laws and regulations that are of significance in the context of the charitable
company by discussions with trustees and updating our understanding of the sector in which the charitable
Laws and regulations of direct significance in the context of the charitable company include The Companies
Act 2006, and guidance issued by the Charity Commission for England and Wales.
Audit response to risks identified:
We considered the extent of compliance with these laws and regulations as part of our audit procedures on
the related financial statement items including a review of financial statement disclosures. We reviewed the
charitable company's records of breaches of laws and regulations, minutes of meetings and correspondence
with relevant authorities to identify potential material misstatements arising. We discussed the charitable
company's policies and procedures for compliance with laws and regulations with members of management
responsible for compliance.
During the planning meeting with the audit team, the engagement partner drew attention to the key areas
which might involve non-compliance with laws and regulations or fraud. We enquired of management
whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any
actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls
by testing the appropriateness of journal entries and identifying any significant transactions that were unusual
or outside the normal course of business. We assessed whether judgements made in making accounting
estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the
engagement partner's review included ensuring that the team had approached their work with appropriate
professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud
There are inherent limitations in the audit procedures described above and the further removed
non-compliance with laws and regulations is from the events and transactions reflected in the financial
statements, the less likely we would become aware of it. Also, the risk of not detecting a material
misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may
involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through
collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at:
www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
- 12 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITORS' REPORT (CONTINUED)
TO THE TRUSTEES OF PRAMACARE (CHARITABLE COMPANY LIMITED BY
GUARANTEE
Use of our report
This report is made solely to the charitable company's members and the trustees, as a body, in accordance
with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might
state to the charitable company's members those matters we are required to state to them in an auditor's
report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the charitable company, the charitable company's members and trustee:
as a body, for our audit work, for this report, or for the opinions we have formed.
Saffery LLP
Casidhe Baleri (Senior Statutory Auditor)
for and on behalf of Saffery LLP
Midland House
2 Poole Road
Bournemouth
BH2 5QY
Statutory Auditors
Date: 17 November 2025
Saffery LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.
- 13-

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other income
Total income and endowments
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net (expenditure) / income from activities
Net gains on investments
Net (expenditure) / income before transfers
Transfers between funds
Net movement in funds
Fund balances at 1 April
Fund balances at 31 March
Notes
3
4
5
6
7
9
Unrestricted Unrestricted
Restricted
Funds
Funds
Funds
general
designated
8,349
2,137,050
1,415,923
8,407
7,948
3,577,677
1,115,545
2,555,828
----_
3,671,373
--
----
(93,696)
1,067
(92,629)
(40,402)
(133,031)
703,599
---
570,568
17,449
17,449
(17,449)
(17,449)
46,578
29,129
514,306
543,435
:
-
-
(6,176)
(6,176)
13,466
7,290
- 14 -
Total
2025
Total
2024
8,349
120,044
2,137,050
2,594,262
1,415,923
1,220,332
8,407
7,948
5,584
18,969
3,577,677
3,959,191
1,115,545
930,106
2,573,277
2,770,120
-------
3,688,822
------
3,700,226
(111,145)
1,067
258,965
16,706
(110,078)
275,671
(110,078)
1,231,371
1,121,293
275,671
955,700
1,231,371

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
Fixed Assets
Property, Plant and Equipment
Investments
Current assets
Inventories
Trade and other receivables
Cash at bank and in hand
Current liabilities
Net current assets
Total assets less current liabilities
Provision for liabilities
Net assets
Income funds
Restricted funds
Unrestricted funds:
Designated funds
Other charitable funds
Notes
17
18
20
21
23
24
26
€
2025
192'199
171,211
------
832,472
14,301
586,409
165,141
765,851
(477,030)
288,821
----
1,121,293
-
--___
1,121,293
7,290
543,435
570,568
1,114,003
1,121,293
-----
The accounts were approved by the Trustees on 11th December 2025
thee
Mrs N Lee, Chair
-
Company Registration No. 02359751
- 15 -
2024
638,161
170,262
808,423
9,033
598,355
361,227
968,615
(524,042)
444,573
- - - -.
1,252,996
(21,625)
1,231,371
13,466
514,306
703,599
1,217,905
1,231,371

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
€
2025
(123,481)
2024
Cash flows from operating activities:
Cash (absorbed) / generated by operations (Note 32)
Cash flows from investing activities
Dividends and interest received
Proceeds from the sale of property, plant and equipment
Purchase of equipment
Proceeds from the sale of investments
Net cash (used in) investing activities
189,006
8,407
(81,012)
-----_
5,584
3,500
(108,827)
(72,605)
(99,743)
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at 1st April
Cash and cash equivalents 31st March
(196,086)
361,227
------
165,141
89,263
271,964
361,227
- 16 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Company information
PramaCare (Charitable Company Limited by Guarantee) is a private company limited by guarantee
incorporated in England and Wales. The registered office is Moran House, 1 Holes Bay Park,
Sterte Avenue West, Poole, Dorset BH15 2AA.
1.1 Accounting convention
These accounts have been prepared in accordance with FRS 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland' (FRS 102), 'Accounting and Reporting by Charities' the
Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK
Generally Accepted Accounting Practice as it applies from 1 January 2019. The charity is a public
benefit entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts
in these financial statements are rounded to the nearest f.
The accounts have been prepared on the historical cost convention, modified to include the revaluation of
certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the accounts, the trustees having considered all known factors and have
reasonable expectation that the charity has adequate resources to continue in operational existence for
the foreseeable future. There are no material uncertainties about the charity's ability to continue and
thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives unless the funds have been designated for other purposes.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific
purposes. The purposes and uses of the designated funds are set out in the notes to the accounts.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes
and uses of the restricted funds are set out in the notes to the accounts.
Endowment funds comprise funds which are retained for the benefit of the charity as a capital fund.
Where the trustees have a power to convert endowed capital into income, these funds are expendable
endowments.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been
met, the amounts can be measured reliably, and it is probable that the income will be received.
- 17 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
Cash donations are recognised on receipt. Other donations are recognised once the charity has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time
of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending
distribution, the amount is known, and receipt is expected. If the amount is not known the legacy is treated
as a contingent asset.
Gifts in kind and donated facilities are recognised as income, if a value can be reliably measured, at the
value to the charity when received. In accordance with the Charities SORP (FRS 102), no amounts are
included in the financial statements for services donated by volunteers, including professional services
provided directly by volunteers.
Government grants are recognised at the fair value of the asset received or receivable when there is
reasonable assurance that the grant conditions will be met and the grants will be received.
1.5 Resources expended
Expenditure is recognised on an accruals basis. Expenditure has been allocated according to the
Statement of Recommended Practice 'Accounting and Reporting by Charities'.
Resources expended attributable to each of raising of funds and charitable activities are allocated to cost
categories for each. Where expenses are attributable to more than one of these, the cost category is split
on the basis of estimates by the charity's management. Wages are apportioned based on employees'
roles and time spent.
1.6 Property, plant and equipment
Property, plant and equipment are initially measured at cost, and subsequently measured at cost, net of
depreciation and any impairment losses.
Items are capitalised when their individual value is greater than £500.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values
over their useful lives on the following bases:
Freehold land is not depreciated
Freehold buildings
Leasehold property
Shop fixtures and fittings
Furniture and equipment
Motor vehicles
Computer equipment
Over 28 years or the expected life of the asset if shorter
Over 50 years straight line, or if the term of lease or option to
break is less, over the remaining term or period to the
break date
20% straight line basis
15% reducing balance basis
25% reducing balance basis
33% straight line basis
- 18 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.7 Non-current investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
income/(expenditure) for the year.
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and
losses on investments are calculated as the difference between sales proceeds and their opening
carrying value. Unrealised gains and losses are calculated as the difference between the fair value at the
year end and the carrying value. Realised and unrealised investment gains and losses are combined in
the Statement of Financial Activities. Transaction costs are expensed as incurred.
Investments in subsidiaries are valued at cost less provision for impairment.
1.8 Impairment of non-current assets
At each reporting end date the charity reviews the carrying amounts of its tangible and intangible assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss (if any).
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in
use the estimated future cash flows are discounted to their present value using a pre-tax discount rate that
reflects current market assessments of time value of money and the risks specific to the asset for which the
estimates of future cash flows have not been adjusted.
1.9 Inventories
Inventories are stated at the lower of cost, on a first in first out basis, and estimated selling price less costs
to complete and sell.
1.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.11 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are
measured at transaction price including transaction costs and are subsequently carried at amortised cost
using the effective interest method unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial assets classifies as receivable within one year are not amortised.
Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates
- 19 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
Impairment of financial assets
Financial assets, other than those held at fair value through income and expenditure, are assessed for
indicators of impairment at each reporting end date. Financial assets are impaired where there is
objective evidence that, as a result of one or more events that occurred after the initial recognition of the
financial asset, the estimated future cash flows have been affected. The impairment loss is recognised
in net income/(expenditure) for the year.
Basic financial liabilities
Basic financial liabilities, including trade and other payables and bank loans are recognised at transaction
price unless the arrangement constitutes a financing transaction, where the debt instrument is measured
at the present value of the future receipts discounted at a market rate of interest. Financial liabilities
classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method
Concessionary loans are initially recognised at the amount received. Subsequently the loans are adjusted
for any applicable repayments or interest.
1.12 Employee benefits
are received.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services
Termination benefits are recognised immediately as an expense when the charity is demonstrably
committed to terminate employment of an employee or to provide termination benefits.
1.13 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.14 Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks
and rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the asset's fair value at the date
of inception and the present value of the minimum lease payments. The related liability is included in the
statement of financial position as a finance lease obligation. Lease payments are treated as consisting
of capital and interest elements. The interest is charged to net income/(expenditure) for the year so as to
produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals payable under operating leases, including any lease incentives received, are charged to income
on a straight line basis over the term of the relevant lease.
2 Critical accounting estimates and judgements
In the application of the charity's accounting policies the trustees are required to make judgements,
estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and
other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. On 23 June 2021, the
trustees of the Prama Foundation considered the extant approach to capitalising assets. It was decided
that the existing policy of a limit of £250 below which items are not capitalised should be revised to
"Items are capitalised when their individual value is greater than £500". This change was applied to
assets purchased during the 2020/21 year and all subsequent years.
- 20 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
3 Donations and legacies
Unrestricted
Funds
Total
2025
Total
2024
Donations and gifts
Legacies receivable
7,189
1,160
7,189
1,160
8,349
8,349
5,566
114,478
120,044
All of the income detailed above in both 2024/25 and the comparative year, 2023/24, was unrestricted
4 Charitable activities
Unrestricted
Funds
Total
2025
Total
2024
Provision of private care
Local Authorities
1,986,146
150,904
2,137,050
All of the income detailed above in both 2024/25 and the comparative year, 2023/24, was unrestricted
5 Other trading activities
Unrestricted
Funds
Charity shops income
1,415,923
All of the income detailed above in both 2024/25 and the comparative year, 2023/24, was unrestricted
6 Investments
Unrestricted
funds
1,986,146 2,466,599
150,904
127,663
2,137,050
2,594,262
Total
2025
Total
2024
€
1,415,923 1,220,332
----
--_----
Total
2025
Total
2024
Income for vated investments.
659
7,748
8,407
All of the income detailed above in both 2024/25 and the comparative year, 2023/24, was unrestricted
7 Other income
Unrestricted
Funds
659
7,748
8,407
Total
2025
2,075
3,509
5,584
Other income
7,948
7,948
Total
2024
€
18,969
All of the income detailed above in both 2024/25 and the comparative year, 2023/24, was unrestricted
- 21 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
8 Raising funds
Fundraising and publicity
Staff costs
Other fundraising costs
Fundraising trading: costs of goods sold and other costs
Operating charity shops
Staff costs
Total
2025
15,100
236
---
15,336
530,756
569,453
1,100,209
1,115,545
All of the income detailed above in both 2024/25 and the comparative year, 2023/24, was unrestricted
9 Charitable activities
2025
Staff costs - care services
Staff travel and expenses - care services
Telephone - care services
Medical supplies and equipment
Bad debts
Care subsidy scheme
Staff costs - outreach
Funds donated to group companies
Support costs (note 10)
Governance costs (note 11)
Analysis by fund
Unrestricted funds - general
Unrestricted funds - designated
Restricted funds
1,504,903
125,651
31,181
9,606
(1,026)
10,141
116,712
1,797,168
760,047
16,062
2,573,277
2,555,828
17,449
- 22 -
2024
17,172
88
17,260
456,282
456,564
912,846
930,106
2024
1,715,998
151,176
37,590
7,609
(1,886)
8,380
52
87,396
2,006,315
745,844
17,961
2,770,120
2,743,143
20,439
6,538

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Support costs
Staff costs - management and administration
Travel costs - management and administration
Rent
Heat, light & water
Property repairs and maintenance
Equipment repairs and maintenance
Insurance
Miscellaneous expenses
Computer expenses
Printing, postage and stationery
Advertising
Archive storage
Telephone
Professional fees
Staff - other costs
Expenses - training
Training Services
Bank charges and interest
Depreciation
2025
361,129
717
210
8,826
18,882
7,889
20,727
9,335
82,219
31,975
56,397
-
10,394
18,275
20,099
5,579
46,125
3,357
57,912
-------_--
760,047
11 Governance costs
Audit fees - current year
Audit fees - prior year
Legal and professional
2025
11,800
2,160
2,102
16,062
- 23 -
2024
280,818
482
13,477
12,393
26,924
8,225
24,898
10,301
68,747
33,258
68,129
2,055
12,530
16,266
21,024
5,267
90,697
4,764
45,589
745,844
2024
10,800
2,210
4,951
17,961

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits.
One trustee received £123 in respect of expenses incurred during the year (2023/24: £O).
13 Employees
The average weekly number of employees during the year was:
2025
2024
2025
2024
Headcount Headcount Full time
Full time
equivalent
equivalent
Direct charitable activities
Charity shops
Management & administration
86
32
30
106
27
29
29
22
25
38
20
25
148
162
76
83
Employment costs
Wages and salaries
Social security costs
Pension costs
2025
2024
2,254,054 2,261,226
148,175
145,018
44,952
42,736
2,447,181
2,448,980
The number of employees whose annual remuneration was
£60,000 or more were:
2025
number
2024
number
£60,000 to £69,999
£70,000 to £79,999
£170,000 to £179,999
1
-----
Contributions totalling £4,660 (2023/24: £4,264) were made to defined contribution pension schemes
on behalf of employees whose emoluments exceeded £60,000.
The total remuneration and benefits of the Senior Management Team amounted to £178,968
(2023/24: £130,651).
- 24 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Net loss / gains on investments
Net gains / (loss) on investments
Unrestricted
funds
general
1,067
Total
2025
1,067
15 Net income from activities
Net income from activities is stated after charging:
Depreciation
Auditors remuneration
- audit (current year)
- audit (prior years)
2025
€
57,912
11,800
2,160
16 Taxation
The company is exempt from taxation due to its charitable status.
- 25 -
Total
2024
16,706
2024
45,589
10,800
2,210

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Property, Plant and Equipment
Freehold Computer Leasehold Leasehold
Shop
Furniture Motor
property equipment
property fixtures &
vehicles
and & software long terr
I short term
fittings equipment
At 1 April 2024
Additions
Disposals
At 31 March
2025
Depreciation
At 1 April 2024
Charged
Disposals
At 31 March
2025
Net book value
31 March 2024
31 March 2025
780,639
:
780,639
48,809
(700)
48,109
62,043
:
62,043
53,599
27,322
80,921
20,085
53,690
73,775
Total
€
61,573
16,014
1,042,762
:
:
(700)
61,573
16,014
1,123,074
301,782
22,181
323,963
8,925
4,177
(700)
12,402
26,594
1,241
27,835
23,686
17,996
41,682
7,825
4,479
12,304
35,454
3,918
39,372
335
3,920
4,255
404,601
57,912
(700)
461,813
478,857
456,676
39,884
35,707
35,449
34,208
29,913
39,239
12,260
61,471
26,119
22,201
15,679
11,759
638,161
661,261
The carrying value of land included in freehold property at 31 March 2025 and 31 March 2024 was
The trustees have assessed the value in use of the property to the charity as being the carrying value.
Commitments:
There were no capital commitments at 31st March 2025 (2023/24: Enil).
- 26 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Investments
Unit Trusts and Bonds
Listed Securities
Cash
Santander shares
Investments in subsidiaries
2025
€
135,784
21,800
13,249
377
1
----
171,211
2024
135,845
22,966
11,073
377
1
170,262
Fixed asset investments revalued
All investments are carried at fair value. Investments in equities and fixed interest securities are all traded
in quoted public markets, primarily the London Stock Exchange. Holdings in unit trusts are at bid price.
The investments are held to provide a medium risk return for the charity whilst maintaining capital value.
The portfolio is managed by specialists and covers a spread of sectors in order to minimise the impact of
fluctuations in markets globally.
Shares in group
undertakings
1
:
Listed
investments
170,262
(1,227)
2,176
1
171,211
Movements in non-current investments
Market value at 1 April 2024
Change in value in the year
Net movement in cash
Market value at 31 March 2025
Carrying amount
At 31 March 2024
At 31 March 2025
Historical cost
At 31 March 2024
At 31 March 2025
1
1
170,262
171,211
1
1
124,504
126,680
Net cash released from investments in the year was Enil (2023/24: Enil).
The significance of financial instruments to the ongoing sustainability of the charity is considered in the
trustees' report.
- 27 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Financial instruments
Carrying amount of financial assets
Instruments carried at fair value through profit and loss
20 Inventories
Finished goods and goods for resale
21 Trade and other receivables
Amounts falling due within one year:
Trade receivables
Provision for trade receivables
Other receivables
Prepayments and accrued income
Amounts owed by group undertakings
2025
171,211
2025
€
14,300
2025
163,786
(2,425)
61,228
322,857
40,963
586,409
22 Borrowings
Concessionary loan payable within one year
250,000
The loan of £250,000 from the Valentine Charitable Trust has no set repayment date. There is no interest
payable during the term of the loan and there are no instalments due. Repayment will be the greater of
£250,000 or 41.67% of the value of the property at the time of repayment.
The concessionary loan is secured against the freehold property.
23 Current liabilities
2025
Borrowings (Note 22)
Trade payables
Taxes and Social Security costs
Other payables
Accruals
Amounts owed to group undertakings
250,000
74,395
35,462
18,158
86,237
12,778
477,030
2024
170,262
2024
9,033
2024
211,643
(4,157)
50,019
315,752
25,098
598,355
2024
250,000
2024
250,000
80,569
35,489
21,937
111,255
24,792
524,042
- 28 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
24 Provisions
Provision for liabilities
25 Pension
The company operates a defined contribution scheme.
2025
-
2025
€
Contributions paid in year
44,952
-----•
------
The contributions are all attributed to the main activity, being the provision of care, and are allocated to
unrestricted funds.
26 Analysis of funds
2024/25 - Current Year
2024
21,625
2024
42,736
Income Funds
Designated funds
Fixed asset fund
Mortgage repayment fund
Client support fund
IT refresh fund
General funds
Unrestricted funds
Restricted funds
End of life
Superstore Development Grant
Total funds
Movement in funds
Balance at Income in Expenditure
Gain on
1.4.2024
in year
investments
264,306
250,000
:
:
514,306
:
(10,141)
(7,308)
(17,449)
703,599
3,577,677 (3,671,373)
2,657
10,809
13,466
1,231,371
3,577,677 (3,688,822)
----
1,067
1,067
Transfers Balance at
31.3.2025
(23,422)
50,000
20,000
46,578
(40,402)
(6,176)
(6,176)
240,884
250,000
39,859
12,692
543,435
570,568
2,657
4,633
7,290
1,121,293
- 29 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
26 (Continued)
2023/24 - Prior Year Comparative
Income Funds
Designated funds
Fixed asset fund
Mortgage repayment fund
Digitisation of Care fund
Unrestricted funds
Restricted funds
End of life
Registered Managers Network
Superstore Development Grant
Movement in funds
Balance at Income in Expenditure
Gain on Transfers Balance at
1.4.2023
year
in year investments
31.3.2024
282,225
250,000
20,439
552,664
:
(20,439)
(20,439)
376,856
3,959,191
(3,673,249)
8,485
710
16,985
26,180
(5,828)
(710)
-----
(6,538)
955,700 3,959,191 (3,700,226)
:
16,706
:
16,706
(17,919)
.
(17,919)
24,095
..
(6,176)
(6,176)
264,306
250,000
514,306
703,599
2,657
10,809
13,466
1,231,371
Total funds
Designated funds
The income funds of the charity include the following designated funds which have been set aside out of
unrestricted funds by the trustees to ensure that the charity has adequate funding for future requirements:
a) Fixed Asset Fund
An amount equal to the net book value of freehold and long term leasehold assets less the long term
funding of PramaCare's freehold property. The transfer from general funds during the year accounts for
the net additions to fixed assets less the depreciation charged.
b) Mortgage repayment fund
An amount set aside to provide the funds necessary to repay the long term funding of the charity's freehold
property. An amount has been transferred from general funds each year to build up a fund of £250,000.
c) Digitisation of Care Fund
An amount set aside to provide the funds necessary to cover the set up costs of the Digitisation of Care
A transfer from unrestricted funds to establish a designated fund to provide assistance to clients who are
not able to cover the full cost of their care.
A transfer from unrestricted funds to establish a designated fund to cover the cyclical cost of replacing IT
assets.
- 30 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
26 (Continued)
Restricted funds
The income funds. of the charity include restricted funds comprising the following unexpended balances
of donations and grants held on trust for specific purposes and are as follows:
a) End of life provides specialist training for staff supporting clients who are approaching their final days.
b) Registered Managers network - this fund is used to provide coordination of a peer network amongst
c) Superstore Development Grant - A grant given by the Talbot Village Trust to enable the opening of the
Prama Charity Superstore in February 2023. An amount equal to the annual depreciation charge is
transferred to general funds to cover the cost of using the assets purchased by the fund for the year.
27 Analysis of net assets between funds
2024/25 - Current Year
Unrestricted
funds
Fund balances at 31 March 2024
are represented by:
Tangible fixed assets
Investments
Current assets
Creditors (amounts falling due
within one year)
170,377
6339913
(227,030)
583,260
------
Unrestricted
funds
Designated Restricted
funds
funds
€
490,884
171,211
118,648
(250,000)
530,743
:
7,290
7,290
Total
2025
Total
2024
661,261
171,211
765,851
(477,030)
1,121,293
638,161
170,262
968,615
(545,667)
1,231,371
2023/24 - Prior Year Comparative
Designated Restricted
funds
funds
Total
2024
Total
2023
Fund balances at 31 March 2023
are represented by:
Tangible fixed assets
Investments
Current assets
Creditors (amounts falling due
within one year)
123,855
875,411
(295,667)
703,599
-----
514,306
170,262
79,738
(250,000)
514,306
:
13,466
13,466
638,161
576,236
170,262
152,652
968,615
788,967
(545,667)
(562,155)
1,231,371
955,700
- 31 -

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
28 Contingent liabilities
The charity has an obligation to repay the loan from the Valentine Charitable Trust (note 22) at the higher of
£250,000 or 41.67% of the value of the property, Moran House, 1 Holes Bay Park, Sterte Avenue West, Poole.
In view of additional expenditure on the property by the charity, the trustees of the Valentine Charitable Trust
have agreed to review the percentage payable in light of advice from professional valuers before repayment.
29 Commitments under operating leases
At the reporting end date the charity had outstanding commitments for future minimum lease
payments under non-cancellable operating leases, which fall due as follows:
Land and
buildings
Other
equipment
Total
2025
Total
2024
Within one year
Between two and five years
5 years +
183,450
270,808
6,700
460,958
34,331
43,251
-----
77,582
Lease payments recognised as an expense in the accounts
217,781
314,059
6,700
538,540
223,382
154,064
223,230
8,650
385,944
236,426
30 Related parties
Control
Throughout the year, PramaCare was ultimately controlled by its sole member Prama
Foundation who has power to appoint and remove its board of directors. The Board of Directors and
Trustees appointed by the member governs the affairs of the charitable company between Annual
General Meetings.
Prama Foundation is the ultimate parent undertaking of the largest and smallest group of undertakings for
which the group accounts are presented, and has included the company in its group accounts, copies of
which may be obtained from its registered office at Moran House, 1 Holes Bay Park, Sterte Avenue West,
The principal purposes of Prama Foundation are the advancement of physical, mental and spiritual health
through the provision of care, facilities, services, support and practical advice, to relieve financial hardship
amongst older people and people of any age suffering from a physical or mental illness or disability.
Transactions
Mr E Adamson is a trustee of Pramacare and is also a designated member of Lester Aldridge. During the
year Pramacare paid £1,418 for professional legal services provided by Lester Aldridge. Mr E Adamson was
not involved in the transactions, and these were at arm's length. (2023/24: £4,208)
- 32-

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
31 Subsidiaries
Details of the charity's subsidiaries at 31st March 2025 are as follows:
Name of
Registered
Nature of
Class of
undertaking
office
business
shares held
Abba Care Limited
Moran House
Dormant
Ordinary
1 Holes Bay Park
Sterte Avenue West
Poole Dorset
BH15 2AA
% held
100 Direct
32 Cash (absorbed) / generated by operations
Net (deficit) / surplus for the year (as per the statement of financial activities)
Adjustments for:
Depreciation charges
Gain on disposal of property, plant and equipment
Loss / (Gains) on investments
Dividends and interest
Movements in working capital:
(Increase) in stock
Decrease / (Increase) in debtors
(Increase) / Decrease in cash with investment managers
(Decrease) in creditors
Cash (absorbed) / generated by operations
2025
(110,078)
57,912
1,227
(8,407)
(5,268)
11,946
(2,176)
(68,637)
---_--_--
(123,481)
2024
275,671
45,589
(2,187)
(26,668)
(5,584)
(2,904)
(87,481)
9,058
(16,488)
189,006
33 Analysis of changes in net debt
2024/25 Current Year
Cash
Loans due within 1 year
At
1 April
2024
361,227
(250,000)
111,227
Other non-
Cash flows cash changes
(196,086)
(196,086)
At
31 March
2025
165,141
(250,000)
(84,859)
- 33-

PRAMACARE (CHARITABLE COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
33 Analysis of changes in net debt (Continued)
2023/24 - Prior Year Comparative
Cash
Loans due within one year
At
1 April 2023
271,964
(250,000)
21,964
Other non-cash
At
Cash flows
changes 31 March 2024
89,263
89,263
361,227
(250,000)
111,227
-----------
- 34 -