Charity regis¢rntion nun)ber.' SC028087 PRT Borders Carers Centre SCIO A Scottish Charitable IncoTporated Or8anisation Annual Rel and Financial Ststements for the Year FJMled 31 March 2025
PRT Borders Cirers Centre SCIO Contents (continued) Reference and Administrative Details Trustees, Report 2to5 Statement of Ttees, RespolbIlItieS Indepcndcnt Auditors, Rert 7t09 Statement of Finallci81 Activitics io Balance Sheet Co911 Flow Statement 12 Noies to the Financial Statements 13to22
PRT Borders Carers Centre SCIO Reference and Administrative Detsils Trustees Senlor Mngement l ikadersblp Team Charlty Reglstration Number SC028087 Prlnelpal Ofllce Brewttybrig tx)w BuckhotirAide Galashiels TDI IRT Audltor BK Plu5 Audit Limited Chtc[ed Accountsnts & Statutory Auditor A7llTll House Walsall Busin$ Pa¢* Aldridge Walsall WS9 ORB Bankers Bank of Scotland Galashiels Channel Street Galashiels TDI IBE
PRT Borders Carers Centre SCIO Trustees, Report The trusle¢s present the 8Ml re4)ort tO8dher with tke financial statements audito, rep)rt of th¢ charity for (he year ettded 31 March 2025. Objectlves And 4ctivitle5 Objeets and aims Thc objects of Ihc charity are to relieve the poverty and dislress of, fuTther the health of and advance Ibc education of Cal'e withtn ihe area eurrentty fomiing the Scottisb Borders by: the provision of advice and infOrnll0n to carers suppoi't for carers on an individ1 ba8ig and inubjal support through Ca groups pmvision of advocacy for carers provision of opTr)rtunities for volunteers to be¢oll involved in the work of the Cat¢rs Centre 8&8iS(ing earen to have a voice in Ihe planning and provision of CoMtity care sttvices in thc above 8rea • Enhance the quality of life of carers and their families . Ensure carers needs and aspirations underpin our stralegy, poli¢y and prn¢ti¢e . R¢cognise ¢areTS as partnets in care . Establish the Borders Carers Ctntre as a rccogoised centre of excelIa in rcla11 to carers issues . Work in partsiership with local Bnd national organisattoJ7s to prnm(rte and support the carers ageNla . Be rwponsive to lo¢aJ and national policy developments ObJedlve4 slralegies and aelivities Welcome to the 202415 Annual Chaivs Repo It h&s been another challenging and succe&sfvl year for tl)os¢ of us working ai tbe Borders Carers Centre. I have been involved now in the Ccntre for several years aThl felt it Wds Worth remembering what it is that w¢ do. Bordtt Carers Centre provides a broad rfinge of support to aduli and young adult ¢arers, including advice, infonnatton and emotional support. We are also coullnissioned by Scottish Borders Council to work with carers lo prodvce Car Support Plans which gives act io services from SBC The or8anisation was originally estsblished in 1995 and following 8 merger in 2012 the Borders Carn Centre. We will be celebrating our 30th anniversary latu. this ycar. Thanks to the hard )[k of the statT, we are in a very good posilion to deliver on our slrntegtc Aims and objectives as sel out in our tkvelopment Plan. We are in robust finallcial Ixalth thanks to our core fimders SBC and NHS and thc ability of our CEO Lynn Gallacher lo identify and source funding from othcr organisations and charities. This is not lo say djal il is easy or that we are complacenL as with maThy other voluntary OrdanlsatiL we are hiving to deal willi the increasing demaNI, an increase in National Insurnnce contr1110n5 and continuous improvement demanded by care43 aod thnders alike. As alway4 wc alTAJ owe a huge that&s to our cxtemal fundraisin8 team who Tun th¢ annual Borders Carers Centre charity horse rncing event at Kejso ycar. as well as othu fillid4aistn8 activitie& Another ftottbl- =h i'K11cnt this year has been the development and laundl of our ncw logo aDd Vb81*, and thanks go&8 10 Is ed%iei' [() navi IOD and Training offieer fth. leading on this. The new site looks professional atMI ale and we l)ope li will llmke il easier for carers to find and use. and hLr tcai.. of carers liaison Worker IluJpital liai>Llii worker and Young Adult Caret ali& rat1& plus o an exceA£eni Job in seeing and supox)rting carers and providin8 them with the advi¢c and informatton needed wlicn carers come lo the Centre for help. Of coursc, no org8nisatiox can exisl witboul Als team of administrators, 8JKI we have thank for their bard work and thc 3th nmning of the cetre behind the scenes. rA WUIAL to As usual at this time l also want to th8nk the volunteers on the Board of Trustees, andW•nd am pleased to say we will soon be welcomin8 No new Board members onro me ¢ommitt¢e. Finally, we are facing a time of chan cunznt Centre Manager Manager atKI fmally Chipf r. c at the Centre will be welcomin8 a new CEO and saying goodbye (o our o is rtliring after 26 years fir&ly as i Carcrs Liaison Workw, then Depiite -c&" (Managcrl .More about this in next year's ADllu Repc4L Fundrdtslng disclosiires We Ujmlertook 3 events during the year which was a financial succ cy1# maklAgpolleles Support grants are made to individua]s on thc basi8 oran application pro¢esL Applic8110% are considcjrd by a panel and gtxnts are awarded on the hsis of n Pagc 2
PRT Borders Carers Centre SCIO Trusteesl Report (contlnued) Achitvements and perfornnCe The Centre Iw dealt with 679 new refeal$ during the yur with 1328 aetive cascs. We compl¢ted 542 Carers Support Plans. The accA)unts should k read in ¢oniunction witli Borders ca[8 Centre Strategic Plan - thig prnvides detailed inforni&lion rel&ting io our activities and achieVemts as well as our Ann1 Review for die . FlnanciAI revlew Policy OH reyeiws Th¢ charity aims to hold sufficient funds 10 cover six inonths, running costs. The trustees have reviewed tl)is policy in light of the additional fidIng Yeceived in recent rS and they are hawy thal the reservcs held are suifTcieDt to meet Ibis. Additional nd&ll8ve en addcd io the broughi fonv8 reserves to gnISe the increased costs of working atul lev¢ts of activity. Th&se trYeS are held in a Sq)aT bank account earning intere£L None of the reserve fund is clas8¢d as restricte<L There are no designated f¢mds or rwvc& Prlntlpalfvndlmg soiirces Tlie principBI sourcts of fiyxling are Brants from various bodies and service level A8r¢emetts with kottish Borders Council. JMvesAiÈnÈpollcy ld obJ¢dlwes All short teTm funds are held in bank accounts with instant accas. Lonw tern fuNls are held in interest bearing accounts. Plgns for future perlodi AIMS and key Objecftvfrfvrepertn&% There are no pialls to change Current objectives from thosc prcseDily in place. We Co]11ut to look at fiuthising opportunities to help InCrSe our Self geTthted fvnds. Adivlfyespla•Md io acliieve oims We will continue lo deliver our existing wvice under the service lev¢1 agreemts. W¢ will also continue to have at least I funthising event per ye•r. Golng CODcerll The trwÉ¢es consider that the drity is a going concern. Trnstees and officers The IntS and officers serving during the ycai and since the year ¢nd were Is follows: Senior Management l Leadership Team: Page 3
PRT Borders Carers Centre SCIO Trustees, Report (coutinued) Strknctur< governanee and management Nalure ofgovernliig docMm¢iil On 12th March 2012 ihe Princw Royal Tnl Borders Caru Centre (previously an unincory)OTalcd organisaiion since 15th June 1998) clianged ILS constitutional forni lo a Scottish Charitable Incorporated Organisation (SCIO). The SCIO and unincotyornled organis8tion inerged all liabilities and activities on I st April 10 I I The charity is contt'olled by the Co$titution develOd for the SCIO. IAdJidloii andtraiiiing oflr1151eLf New trustee8 are sekctcd from applicants to advertismtDts th ar¢ then put through appliiaiion process. Successful 4)plicants •re issued widi an indllction pack. voted on by nKmben and forn]aJly approved at the next AGM. Arrapi8ettientsforsethnE key m4AaRÈmentptrsonnel remiineralion The reMUneIDn of the t]8£¢r is set by the Tn]stees. The trvsEees refer to the Cosla legacy SJC scal&s as issucd by Scottish Borders Council when wiewing atl staff remuncratlOD. The EM)anl decide ere each mle sits on this Scale and diis detetmin&8 t1 remwjcration for the role. The r0]xution for these roles was reviewed in November 2024. Org4nlsatlaAalstructhre The cjwity is centralty managed by a manager from its main centre in Galthiels. The truste4X, known as the Management Committee. have a responsibility for wing out the policy of the car8 Ccntre, and for the adniinistration, n&£¢ and control of the affair5 and property of the Carers Ca)tre. M4jor risks and m4Mt7xeMenl ofihose rfsks Financial n$k We are dq)endenl on both local and national goveTnment for ongoing financial support in ternL8 of grants and suvice Icvel agreements lo dcliver our services. It is well rCcol 11)al tIKse sourccs of income are financial pressure due to fidIng restrictions. This pre&wre nwy result in reduced iwomc to support our acCivilic% in future years. The tDJSteu have cLsured th&t thcre are sufficient fillkds hcld in reservcs to be used in the futUTe to cover reductions in Fittxncial lDstrnents ObJe¢rfves 4ndpolleles The charity's acltvilies expa it to a nun)ber of fanCIal risks including Credit risk, cash flow risk and liquidity ris The use of fin&nciRI derivatives is govpJned by the clnty's lIcIeS anjroved by the t)ard of trustees, whicli provide written principles on the use of financial derivatives io llnage tIe ri&s. The clwity do¢s not use deTiYative financial instruments for Speculative purpose& Cttshfl<)w riik The chariiy's activities extme it primarity to the financial risks of than8&s in iDlerest rntes. Intere# be4riDg assets and liabilities aff held at red rale io ensure certalnty of cash flows. Cpedil risk The charity's principal financial assets are bank balances and cash, Irade and other receivables. The amounts presenled in the balance shed are nei of allowances for dollbtful rcceivables. AJJ allowdncc for inJpAirnwAt is made where therc is an idcntified loss ¢ll1 based on previous expuience. is evidence of duction in the Tecoverability of the eLsh Ilows. The credit risk on liquid fill8 and derivative fjnancial inslTunKnts is limited use the cowiteiparti&S are banks with hiBli credit-raiin8s a&8igttd by international credil-rating agenci. Llquldlty rl.fk ordel to malntain liquidity to enstire that sufficienl fimds are available for ongoing (Imtio and future develOpmeft die Cliarity uses a Mixtu of long-lenn 8nd short-tm deposits. Further details E8rding liquidity risk can be fou1 in the Ststrmellt of accounting policie5 in the financial statenkrtts. Page 4
PRT Borders Cartrs Centre SCIO Trusteesl Report (continued) Creditor p2yment policy Invoices are paid within norn1 suppliu paynmit ternts. Dlsclosure of Informadon to audltor FALh irusiee lias taken steps thai they oughi have takeo as a ttustee in ordcr to makc tl)emsclv&s awdrc of any relevanl audil inforniation and to cslablish t11 the charily's auditor is aware of tl)ai infornti0n. The wuslees confim thai th¢r¢ is no relevant information ihat they know of and of wthich they know th¢ auditor is unaware. The annual repoTI was approved by the IsteeS ofthe charity on 11 SIWd on its behalf by: Page 5
PRT Borders Carers Centre SCIO Statement of Trustees, Responsibiliti The trnsleu are responsible for preparing the tnL8iees' report aNI the financial Slaternents in a¢¢ordance with the Ui)it¢d Kingdom Account8 Srandards (Uniied Kingdoni Genernlly Accepted Accounting Practice) and appIicable law and regulations. 'rhe law applicable to charities rcquircs the trustees to prepare financial ststements for cach financial year wliicli 8lVC truc and faii. view of the $tste of affairs of the ch&rity and of the incomtng resources and application of Tesouires of the Charity for that pci'io(L In preparing these fmancial statementy the tn are rcquiTEd to". select suitable accounting policies and tlien apply consistently obserye the melho(ts and principles in the Charities SORP. make judgements and esiimates that aff reasonable a1 prndenL' slale whether applicable aecounlin8 Standards have be¢n foljowrd, subjext to any maleiial dyrtufes disclosed and explained in the financial statements; 8Th1 prepare t]ie financial Stslemertts on the £Oing concern basis unkss i( is inappropria to presume that t1 charity will conlinuc in business. Th¢ trustees are Tesp)nsible for keeping proper accounting records that disclose with re8sonable accuracy at any lime the financial position of the ¢harity and emable them to ensure that the fancial stsknienls comply with the CliaritiLS and Trustee Investsnent (Scotland) Act 21K15, the applieable Charitie5 Accounts (Scotland) Regulations 2006. and the provisions of the constituliofft The InLe$ Are also re4)onsiblc for safeguarding the atr of the ¢hatily and hence for tAking reasonable steps for tile prevenlion and detection of fraud and other irregut4Tiiits. The th]Ste are $[K)nsible for th¢ maintenance and integrity of the corporate fillla1 infornmtion included on the charitable Compan$ websÈte. Legislation govemiug the prep2rntion and disseiniDation of fuWla1 statements may differ from legislation in other jurisdiction& Appn)vd by d* truStS ofthe cl]aTity on I I aThl sId on its behalf by,. Pagc 6
PRT Borders Carers Centre SCIO Independent Auditor's Report to the Membei's of PRT Borders Carers Centre SCTO Opinion We have audited the financial statements of PRT Bord¢T5 Carus Centre SCIO (the 'chaTiW) for the year ended 31 March 2025, which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Sthtenicnl. and Noics to the Financial Statennts, including a summary of significant accounting p)li¢ies. Tlie fltwicial reporting frainework that has bcen applied in their preparation is applithle law and United Kingdom AccouiilinE Stsndards, including FRS 102 'The Financial Reporting Sidndard applicable in the UK and Republie of Ire181MI' and appli¢ablc law (United Kingdom Gencrdlly Accepted Accounting Prnctic£). In our optnion the fin111 statemenis: give a true and fair vicw of thc slJl¢ of the rharity's affai as at 31 Marth 2025 and of its incoming resources and application of resourc¢s, including its income and cxpenditure, for the year then ended: have been properly prepaTed in accordance WAth Untted Kingdorn Genernlly Acc4)ted AoUnting PrnctiLX: and have bcen prepared in accordance with ihe Y)r•ettts of the Companies Aet 2006. sts for oplnion We conducted ow. audit in Accordance with ]nternation81 Standards on Auditing (UK) USAS (UK)) aDd appli¢8ble law. Our responsibilities under th08e Standards are further dcs¢ribed in the auditor resw)Dsibilities for the audit of the rinan¢ial stalemenls section of our repoTL W¢ arc independent of the charity in accordance with the ¢diical requir¢inents that are relevanl to our audit of ihe financial ststemcnts in the UK, including the FRC'S Ethical Slandard, and we have fulfilled oui. ol[r dhital responsiThilities in accordance with tliese requirements. Wc believe that ihe audit evidence VK hav¢ obtained is sufficient and appropriate to prnvide a ba#is for our opinio Concluslons ttkntlng to golng coneern In auditin8 tlie fithgncial slalemcnls. we bave concluded thai the Int¢¢8 e of the going conLZrn basis of accounting in the prepat7tion of thc financial staterncnts 18 appropria. Based on the work we have perfornKd, we have not identsfjed any maicrial uncertainties relating to events or ¢ottditions that, individually or collectively. may cast signifjcant doubt OD the clkritys ability to eontinue 8s a going conc¢m Eor a period of at kast twelve Mont1 from when the original financial stsknnents were auth0ri5ed for issue. Oiir i.pOnsibl1111¢s and the responsibilities of the 1Thte¢S with • to going concern AtE dc5cribe41 io the relevant sectio$ of this rep)rf. Other In(ormatlord The trustees are rtspon8ible for thc other ittfonn8tion contained within the annual rq)ort. Thc Other inforniation compri8CS the infonnalion included ill thc annual report. other than the financial Statellts and oiir aUdir.S report tliereon. Our opinion on thc financial statements does not cover the other infornmtion and. except to the extent othen¥ise explicitly stated in our reixrt VK do not express 8ny forni of wuran¢e conclusion thereon. Our respons¥bility is read ihe othu inforntion and. in doing so, cotssidcr whether the other infonnation is materialty inconsistent witli the financial tements or our knowledge obtained in the audit or otherwise appears to be niaterially misstated. If we identify such material inconsistencies OT 8pparen¢ ma74] misstaiement4 we &re Tequired to dcterniinc whether this gives to a material misststenient in the finaThcial statements thenLselves, If, based on the work wc have perfonned, we conclude that there i8 a material misststem¢nt of this oth¢r lnfornutio we arc required to report that fa¢L We have nothing report in this rega Mtteri on whlch we are requlred to report by eJceptlon W¢ have nothing to report in respect of the following matters where the Charities Accounts (Scotland) Regulations 20 (a$ amended) requires us to repx)rt to you if, in our opinion: th¢ infornydtion given in 'J)e fillancial statements Is incoi)sistcnt in any rnaterial reapECt wÉth the trusttts, rq)o¢ or sufficient accounting records have not been kept" or the financial statements trus¢e4s arc Iiot iti agreJiJent with tbe accounting records" or wc hav¢ nol r¢cetv¢d all the infommtson and explanatAons we require for our a][t. Page 7
PRT Borders Carers Centre SCIO Independent Auditor's Report to the Members of PRT Borders Carers Cenlre SCIO (continued) Responslbllftles of trnstees As explained tnore fully in the Statement of Tntee5, RespoDsibilities {set out on paEc 6), the trStee$ . who e also diiictoi's of the chariry for thc PUTPOSU of compAny law, are r¢sw)Dsible for the prep&Tation of the finoneial statents and for being satisfied that tlKy give a true and fair view, and for such internal control as the Iruslecs deteijnine is necessary to enable ibe preparn11 of financial ateMents that are fre¢ from malerial niiwthiemenl, whether due to fraud or error. Jn preparing thc financial statements, thc It¢S are SpOlb1c foi. assessing tlie charlly'x abilily to Continue 8$ a going concern, disc108in& as applicabl¢. mallets related lo going concern and sIng the going concern basis of accounting unlcss the trnSte either intend (o liqyidlte the charitable company or to cease operation4 or have no realistic alternative but to do so. Audltor Responslbllllles for the Audit of the (Inantl#l $txteJnents Our objeciiv¢s are to obtain reasonable a&8urnnce aboui whether the financial s1alements as a whol¢ free fro tDaterial rni&slatemen¢ whether due to fraud or error, and to issue an #udttor's Tepon tb&¢ inctudes our opiiiion. Reasonable assuranec is a high level of &ssurnnce, but i8 not a guarantee that an audil conducted in accordanec with ISAS (UK) will always detect a material misslalement wbeD it exists. Misststements call arise from frAud or emi. and are Consider man81 if, individually or in ts aggjtgate. they could re&8onably be expected to inntwice the economic de¢isions of uscrs tak¢n on the basis of th&8e financial ststements. The cxt¢nt to which ow procedurts are capable of detecting irr¢gul8Titie4 including fTaud is detailed below. Irregularitie including frau¢ are instancts of nOnrOmpli8nce with arLd regulations. W¢ design procedUS in lin¢ with our ruponsibilities. outlined abov4 to delect matttial rniSatennls in respec¢ of irre8ulaTitie5, including fraud. the extent to wbich our procedures are capable of detecting irregulariti4 includin8 fraud. is detsiled below. From the preliminary stage of the audiL we cnsure our understanding of the emtity is up to date. This include4 bLIt i5 not limited . current knowledge of their activilics. the businc&s aDd the control environtncots, and thcir compliance with the applicable legal and re8ulatory frameworks. This infornmtion sUprts our risk identification and subsequellt design of audit procedures to nlltigale th(Kse risks. eDswill8 that Ibe audit evideabce obtained is sufficient and appropi'iare to support our opinion. In response to the risks identified, 4)ecific to this enllty, we desiglled procedures which included, but wtre not limited Enquiry of management and those charged with £overnance around actual and pot&)tial liligation and claims: Reviewing niinutes of meetiD8s of thos¢ charged with 8overnanc¢, if availablc; Reviewing fusancial sratcment disclosures and testin8 to suwortiftg dOtatIOn to we&8 compliance wi1 applicable laws and regulations; Auditing the Tisk of inanag¢nknt oveIde of contml4 including through testing journal entries and otl)er adjustments for 8ppropriateness. and ¢[8[108 the b81¢8$ ratio[le for SigolfAl tranS&ctio outside the norn]al course of busin. A furtlRr dueription of our responsibilities is available on tbe Financial Rel1ng Council% website at https.'IlwwW,frc.or£.uklatsditorsrespol1Ities. This deScri10n fonns part of our audit reporL Use ofour report This rert is made solely to the Chwity tsvstees, as a body. ill ac¢4)rdance wilh Part 4 of the Charities (Accounts and Reports) Regulations 2(KJ8.. Ow. audit work has been undertaken so that we might stale to the trnstees those matters we are required to stats to tnjstccs in an auditors, rwrt and for no oth¢r purpose. To the fullesl extent pcrnitted by law. we do not a¢¢ept or assume responsibility to anyone other than the charity and the charitys (Djstees as a body> for our audit work, for tliis reporu or for the opillio we ba'rfe forvAi Page 8
PRT Borders Carers Centre SCIO Independent Auditor's Report to the Members of PRT Borders Carers Centre SCIO (continued) Foi. and oil bcl]aii ok Ilk I'lub Auth"i L:llULed Chartered Accountants & Statutory Auditor Azzutti HO$¢ Walsall Busine&8 Park Aldridge Walsall WS9 ORB In liots. Page 9
PRT Border8 Cxrers Centre SCIO Statement of Flnaneial Activities for the Year Ended 3] M2rcli 2025 Uurestrict¢d runds Restrici runds Total 2025 Note Income 4nd Endowments from: Donations and legacies Ouier trading activities lnvestsnent income Other income 465,642 40215 10,839 145,307 610,949 40,215 10,839 Tolal income 522 696 Exp¢ndhure on: Raising ndS Charitable oeltvitiex (13,903) 557 803 (13,903) Total expenditure Ne¢ (expenditure)fincome Nel movement in fimds 82,619) (49.010) 62,688 13,678 Reconcilladon of funds Total funds brought forward Totsl funds carried forward 393.902 67.988 19 130,676 Reslrieted fuhds 475 568 I'o¢al 2024 UllTestrleted fuudg Note In¢om¥ and EndoivThents from: Donations and legacies Other trading activities Investment income Other income 511 JOI 35,585 6.363 170,315 681,616 35.585 6J63 5,342 Total income 558 591 170315 E.xpendlture on.. liaising funds Charitsble a1vItieS {13,(X)4) (13,004) 620 845 214338 Total expenditure Net incoin&(expendlre) Gross transfers beiween fuThts {419 511 214 338 633 849 139,080 (44,023) 95.057 Nd movenwlt in funds 144.724 (49,66 95.057 Reeon¢Uladon of funds Totsl fiumls brw fonwrd Total fvnds carried forward 249 178 117655 19 393,902 67.988 All of the ¢harity's activities derive frnm conttnuiog operations duting the alx)ve two periods. Th¢ funds birakdowll for 2Q24 18 sboivn in note 19. The notes on pages 13 to 22 fonn an iniegral part of th finwjcial statcnknts. Page 10
PRT Borders Carers Centre SCIO (Registration number: SC028087) Balance Shttt as at 31 March 2025 2025 2024 Note Current lets Debiois Cash at bank al in hand 15 16 2,893 5 19,463 522,356 46 7881 2,144 516 841 518.985 Creditors: AmoDRts fxlllng due wlthln one yerdr Net asseti 17 475 568 461,890 Funds of the charity: Restrkted Ineome funds Restricted fvnds 130.676 67,988 ilnrtstrlcted tneonw funds Unrcstricted fvnds 393 902 Total funds 19 475 568 461,890 The finan¢i&l statem¢nts on pages 10 to 22 were appVed by the trustees, and auilioris&l for issue on ... . signed on 1r behalf by. Th¢ not¢s on pages 13 lo 22 forni an int¢gral part of thC fwan¢ial Statem1% Pagell
PRT Borders Carers CeDtre SCIO Cash Flow Statement for the Year Ended 31 March 2025 2025 2024 £ (As restated) Note Cash Ilows from operatln8 ietlvllles Net cosh income 13,678 95.057 Adjustments to cash flows from DOll4a5h Items InV(nIent income 10.839 2,839 88,694 Worklng CAplt*l adJustnThts (lllcteaseydecrease in debtors (De¢reyIn¢rcase in credito Increase in deferred ineon 15 (749) (11,807) 729 17 14,993 Nel cash tlows from opeTatin8 ttctiviti Cash flow$ from investlng acllvitfies Interest receivable and similar income {8217) 140,886 Net increase in Cash and cash equiwdlents Casli and casli equiValts ai l April Cash and cash equivalents at 31 M¥rch 2,622 A47,249 516.841 369 592 519463 516 841 All of the cash flows ar¢ dcrived from continuing OlonS during the above two perio(Ls. 11)e notes on pages 13 to 22 form an integrdl of Ilwe finan¢ial Slatcmcnts, Page 12
PRT Borders Carcrs Centre SCIO Notes to the Fln2nclal Statements for the Yeai. Ended 31 March 2025 l Accountlng polieies Statement of compllance The fInancial statements have been prepared ID accordae with Accournting and Reporting by ChIlleS. Statemenl of Recommended Practice applicable to charities preparing their accounis in aecordaTEce witli the Financial Rcporting Srandard applicable in the LTK and Re¥thlic of Ireland (FRS 102) (effective Odober 2019) - (Chaiities SORP (FRS 102)), the Financial Reporting Sl&ndard applicable in IIK UK and Republic of Ireland (FRS IQ2) and the Charitics and TThstee Investment (sclartd ) Aet 2(K15. The financial stan)ents li&ve bn prepared under ti)c hisiL)riC Cost convention. Basis of preparation PRT Borders Car¢rs Centre SCIO meets the d¢finition of a public benefil entity under FRS 102. The accounts (fmancial staleL]]¢nts) have been prepared under the historical cost convention with items recognised al or transa¢tion value un]ess otherwise stated in the relcvant note(s) to these ac£ounts. The Accounts are preSend An £ GBP and are not rouNled. Going toncern The iwstces CQDSider that therc are no material UCrt8inIIt8 about the cljaritys ability lo cotttinue as a Eoing concern. This is on a review of tlie rtserves CUTrently held and Consideration of the budget for the otE8ni8alton. Judgements There were no judgellKnts llde in the )w. Key sources of estirnztloD uncertaKoty There were no key s<)urces of esiim8tion uwertatnty made in the year. Ineome and endowments All incoine is recognised in the Statemenl of Financial artivities onc¢ the cbarity l]as entitlement to the fjjnds, it is probable that the incon]e will be received and the anb)unt be Meas reliobly. Donallons legaei Donations aDd legacies are reco8nised wben all conditio8 ts receive thc incomc ar¢ fulfIllcd. Grants Vtcelvabl Grgnts are reco8Dised vknen all conditions attached to the grant are fulfilled. D¢ferred Intonié Jncoll is defery on the bosis of the tern and c4)nditio5 attache41 to the income and to reco5$¢ in the period in which these condition5 are fiY meL Inveslmejil iiicome LDterest Tcccived is reCOls¢d when it is ¢dAted to tk 2ccounL InvestnKni incorne &rLd gains are rcu)gniscd when Teceived. Investments are revalued to market value at thE year end Expendlture Liabilities are Tccogniscd as exp¢nditure as soon as there is a leg01 or c(MKstc1Ivc obligation committing the charity to th•t eXndItUte, il is probable that a transfcr of economic benefits will be required in sCttJeD1t and the 8mount of thc obligation can be n)easured reliably. Expuiditure is accounr¢d for on an accruals basis and bas been ¢lassified under heg4din8S that aggrcgate all ¢LKSt related to the catrgory, Where costs cannot be diirytly ath'ibuod to particular headings tly have been allocated to activities on 3 basis consistent with the w of resources. Page 13
PRT Borders Carers Centre SCIO Notes to the Flnancial Statemenls for the Year Ended 31 March 2025 (continued) RaislHgfNiids These aTe c(&8ts incurred in attracting voluniary income, Ihe management of investments and Ihose incurred in Ir#ding aclivilies tho1 rnise funds. Charilable Atliyilies Charitable expcndilur¢ comprises. those costs incunrd by the chartty in the delivery of its activities and servi¢cs for its beneficiaries. 11 includes both ¢osls 1]l be 211ocaled directly to such activities aad those cosls of an indirccl nalurc netess8ry to support them. Grnnts offeTed subject io eondilions which have not been at the year eud date are noled as a commitment bul nol 8¢¢n as expe]MlÉture. GraiitproilsloNx Provisions for nts are Tnade vknen the intention to make a gra1 has bccn eommunicated ¢0 the recipient bul there is uncertainty about either the timin8 of the grant or the ajnount of grant payabk. Support ¢ts Support costs include Central fjtiOnS and have bezn allorated to ietivity cost categories on a basis coThsistent with tJLe us¢ of resources, for exarnple, allocatin8 prop&ty costs by floor or per capila. staff costs by the time spent and other costs by their usage. GoverMn¢e eosts These include the Costs attributhble to the thrity's con¥liance with nstItutIOnal and #8lutory requinIent including examination. strategic maDageiwit and tte, meetings atxl reiihburned exp&L8es. Government grnts Govemm¢nt grant5 arc recognised b&8ed on the ac¢ruJl model and are measured at the fair value of Ibe asset received or rcceivablc. Grants are Glassified 8s rclatin8 ¢ither to r¢venue or to Grants rcloting trj rcvcnu¢ are L'eco8nAsed in income over the period In which the Telated ¢08ts ar¢ r¢cwised. GT8nts relating to assets recognised over the expected usehl life of the asset. Where w of a relatin8 to an &8sel is deferred, it is ttcognised as deferre41 Taiation Th¢ charity IB considered lo pass the tests 8e¢ out in Paragraph I Sclxthile 6 of the Flnance A¢t 2Q10 And therefore it meels the definition of a charitsble company ftir UK cotporation tsx pUry¢S. Accordingly) the charity is tentiallY exempt from tsxalion in respect of income or c&pital gal receiT4ed within categories ¢overed by Chapter 3 Part I l of the CorpoTation Tax A¢t 2010 or Section 256 of the Taxation of Chargeable GaiN8 Act 1991 to the atenl that such inconK or wns &R applied exclusively lo cknitsble purpos. DepreciatlDn and aJnorits&tlon Depreciation is provided at the following annual rate8 in order to write off each a&set over its estimad useful life &$ follows: Agset Fixturc5 and fjttings Depreclatlon method ind rate 25% on cfjst Tr*de debiorl Trade debiors A amout)ts thje from for services ptrf0rnd in the ordinary course of busin¢ss. Cash and ¢4sh equiv¥kwt$ Cash and cash equivalents coinprisc c4sh on hand and call dq)osit4 and odier short4erm lii8hly liquid inve5lmcnts thal are rcadily convertible a knovni aM04t of ¢ash and arr subject to an insignificant risk of change in value. Pagc 14
PRT Borders Carers Centre SCIO Notes to the Finanelal Statements for the Year Ended 31 March 2025 (continued) Trsdt creditors Trade credilors al'e obligations to pay for goods or 8ervirt8 that have been acquired in tbe ordimry course of busin* from suppli¢rs. Accounts payable are classified as ciirrent liabiliit£s if the does not have an unconditional right. al the end of ihe reporiing period. to defer settlement of die Creditor for at least twelve months after the reportill8 date. If there is an unconditional right to defer setilement for al least twelve months afier the reporting dat< ti)ey are preseiiled as nollurrent liabilities. Fund strueture Unrestrieied funds can be used in I>[d with the clwitablc obje¢lives at the discrdion on the managemen¢ Restricted fund5 Can only bc used for particular restricled purpose8 within ili¢ objects of the cliarity. R¢slrictions arise whcn specified by the donor or when funds are raised for a particul. purposc. Pensions and other p05t retirement obllgatioDs The charity operates a defined contribution pension sch¢me which is a pension plan wider which fixed contributions are paid into a pension fvnd and the charity has no legal or ccrftstructive obligalion to pay fillther contributiorL5 even if tl fund does noi Iwld sufficieni awts to pay all Cmploytts the benefits relating to employee service in the ¢WTent and prior liods. Contributions to defined contribution plans are recognised in the Sl2teJttnt of Financial Activities eft they are due. If contribution payments exceed the contribuuon duc for service, the exc£sg is itcognised as a prepaymenL FinanciAI Instrnments Cl¢ssiJ7¢4rfon Financial assets and financi liabilili¢6 arc rccwi when the clwity becomes a party to the contra¢thal provisions of the instrument. Financial liabilities 8nd equity instsum¢nts are ck8ified according to the substance of the eontractual arrangelnents entered into. An equity inslruinellt is any ¢ontfdCt that evidences a residual inter( in the assets of the charity after deducting all of its Itabilitie& Jiecogmilioii and theasuremeiil All fKn8ncI assets and liabilities are initially at transaction price (including transaction costs), except for those financial &%%ets classified 8s at fair value through profil or 10&8, whieh aTe initially mcasured at fair value (wliich i8 nOTllY the trnnsaction price excludiiig transaction costs). Unl the arrangement tort8liLu(es a financing 'ansaction. If au affangcment COA8t1t£s a financing tranS&Ctio ihe finala1 assel or financial liability is m¢asurcd at the present value of the flltll payments discounted al 8 market rnie of interest for 8 similar debt instruttt. Financial assets and liabiiiti&S are onty oifscl in the srnternent of fift1&1 position Whe and only vknen their cxists a legally enforceable right to set off the recognised anx)unts and the charsty intends eiiher to settle on a net basis, or to realise the et 8tMI sellle the liability Simultaneously. Financial 8&qcts are derecognised when and only when a) the contsxcnul rights to the cash flows fTom the financial asset expire or air settled, b) the Cblty transfers to anothcr p8ty substantially all of the risks and rcwards of ownetship of the financial asscl or c) thc charity, despite haviDs reined some, bui not all. SilIrt risks and rewards of owner8hip} has transfeETed control of the asset to anothcr party. Financial iiabilitics are dereeo8nised only the obligation specified irt the ntract is discharged. cRncelltLI or expirts. Page 15
PRT Borders Carers Centre SCIO Notes to the Financlal Statements foi. the Year Ended 31 March 2025 (eontinued) 2 Incom¢ from donations And legacies Unrestrlcted (unds Genergl Restricted funds TotAI funds Donations and legacies. Donations from individua18 Grants, i1)clL1llg capitat grdnts; GoVernnnt 8rants Totxl for 2025 226 226 465,416 145 307 610 723 145,307 610949 Total for 2024 511,301 170315 681,616 3 Income from other trAding activltits Ullre8trleted fund8 Gell¢ral Total funds Bvetils income. Other events income Total for 2025 40215 40.215 TotAI for 2924 35.585 4 Investment Income Unreslricted fllnds General Total funds Interest receivable and siinilar incomc. Intercst receivable on bank dew8it¥ Total for 2025 10.839 10,839 Total for 2024 6.363 S Other Ineome Unreslrfcted fund8 General Total fui)ds Rclltal tncome Total for 21ns 6.IKIO 6,000 Total for 2024 Page 16
PRT Borders CArer5 Centre SCIO Notes to the Flnanclal Statements foi" tlie Year Ended 31 March 2025 (coiitinued) 6 Expendlture on raisfng funds a) Costs of ii'Adlng actfvltles Unrestricted funds Ge•erAI Total 2025 Note Local fijndraising eosts 13.903 13,903 Unrestricted funds General Total 2024 Note IA)cal fundrnising eosts 7 Expendlture on thp4ritable *¢livltl Unrestricted funds GeJJtral Restricted funds Total 2025 Total 2024 Note GrArAt funding of activities Staff costs Allocated support costs Governance costs 34,221 442,910 68,438 82.619 116,840 442.9lO 68.438 138.011 410320 62,193 557 803 640.422 620 645 Activity undertaken dlrectly Tot81 expeudlture AllOted support costs Rent Insurance Heat & light Ckanin8 Repairs Telephone Stationery. postage & printing Travel IT Copier lease Subs¢ription$ al fxs Advertising 13,0 3,546 7.771 .371 3,674 6.072 3,837 5.301 8,586 1024 1132 528 10.596 13,0(M) 3.546 7,771 1,371 3,674 6.072 3,837 5,301 8,586 2,024 2.132 528 10596 Total for 2025 68.438 Total for 2024 62 193 193 Page 17
PRT Borders Carers Centre SCIO Notes to the Ffinanclal StAtements for the Year Ended 31 March 2025 {eontlnued) 8 Analysis of governAnee And iupport costs BA$1$ ofAIIocgtlon Reference Method of Allocation Direct auriiwtion Governance costs UnrestTlcted funds General Total funds Atsjii fees Audit of th¢ financial stalcments Other governance costs Allocated support costs Total for 2025 7,440 3,644 7,440 3,644 1.150 12 Total for 2024 10.321 10.321 9 Grant-maklng Anal)ry1g of gtxnts Crants to indivlduals 2025 1024 Analysis supp 138011 The supp)rt $ts aSslated ivith grant-nmking are £7,5fy) (31 March 2024- £7.471). 10 Net Incomlngloutgolng rellre Nd incoming resourc£s for the yeaT include.. 2025 2024 Operdtin8 leases - plant and machinery Operating leases - other 8&8ets Audit fees 2,024 13,(XKi 1,927 13,IM)O IJ Trustees remuDeratlon and ezpens No Irustees, nor any persons eonne¢ltd with the have rcceived any remurmiion from the charity during t1 ye£r. No trustees hav¢ received any reinthuna experth&s oi sny cther irLefits from the Chlty during the )Ear. Pag¢ 18
PRT B4)rders Carers Centre SCIO Notes to the Financlal Ststements for the Year Ended 31 March 2025 (contlnued) 12 Sl4ff costl The ag88te pyroll costs were as follows: 2025 2024 Staff eosts durlAg the year were: Wag¢$ and salarics Social securAty costs Pension eosls Other slaff costs 386.590 31,113 24.520 687 358J41 28,160 22.612 442.910 410320 The monthly av¢rage number of persons (inchxling senior managcnKnt I lead¢rsknip team) employcd by the charity during the year expressed as full equivylenls was 8s follows: 2025 No 2024 No Salaried staff 14 13 No employee received eny)IuTneats of more tllan £60,OCKi during year The total employee benefits of the k¢y nwwg¢m¢nt personnel of the charity were £Nil (2024 - £Nil). The Mon&ger. as the highest paid member of reccivcd benefits iotsllAn8 £Nik (2024 - £Nil). During die year the chilY made the following tyaThsactions with key management peOnNel. Manager Tl)e Manager reccived remuDerati¢]tt of £37.493 (2024: £36,050) 13 Audl¢oTS' remuntratloh 2025 2024 Audit of the fll)8ncial stalernents 6,OCQ Page 19
PRT Borders Carers Centre SCIO Notes to the Financial Statemenls for the Year Ended 31 March 2025 (continued) 14 Tnxalioii The charity is a registered clmrity and is therefo ex¢rnpt from tsxatio 15 Debtors 2025 2024 Prep&Ynnts 16 Cilh And esh equRvAlents 2025 2024 Cash on hartd Cksli at bank 354 516487 519317 516,841 17 CredEtor$: amounts fallln8 due Ivlthln one yar 2025 2024 Trade creditors Other laxation and social security Pension 8¢heme creditor Accruals Deferred ineon 1,878 4,155 7.981 2.489 6,940 37,970 46.788 36,470 57,095 18 Comniitnxnts CapltAI ComntMenlS A new website has been commisslowt and the p&ytrn18 are lo be on a staged ba8is. Ai the year end, a CommitnlI of £6,0Th) exists in reSpt of this aryan8ernent The iotal an1 contraci¢d for but not pmvided in thc fuwKial #alements WA8 £Nil (2024 - £6,0(M)). Page 20
PRT Borders Carers Centre SCIO Notes to the Flnancfial Statements foi. the Year Ended 31 March 2025 (continued) 19 Funds BAIAnce At I Aprll 2024 Ineomlng re50ure Resoureei expended BalAn¢e at 31 March 2025 Ullresti'icted funds General 393.902 522.696 (571.7Q6) 344.892 R¢strictcd funds 67,988 145307 130 676 Total funds 461,890 668 003 475 568 Balance at 31 Mai'ch 2024 Balance at I Apri] 2023 Incomin2 resoure Resourcej expended TrallsferA Unrestrlcted fund8 Gen¢ral 249,178 558591 (419,511) 214,338) 393,902 67,988 Restrlcted funds 117,655 170J15 Total funds 633 849 The specific purposes for which the fijnds to be applied are as follows: Main fund- to provide the core services of advic4 infornmtion and ¢motion•l supp)rt throuFJ)out the Border& Restrictcd fvnds - to provide grants to indtvidual carer5 on application. The general restricted fi]nd relates to Care Support and TinK to Live fund& 21b Analys18 of net assets betsyeen funds Unrestrl¢ted funds Genernl Total funds At 31 March 20Z5 Restrlcted funds Current assets Cun'ent liabllities 391,6SO 130,676 522,356 Totsl net assets 344 892 130 676 Unr¢strlcl¢d funds General Total lunds al 31 MaTch 2024 Reitrfde funds Current 8&8ets CknTent li&bilities' 450,997 67.988 518,985 Totsl net a&Kts 393.2 21 AnAlysis of net fund* At l Apru 1024 Afjclng ¢iJh At 31 M&r¢h flowj 2025 Cash at bank in hand 516841 1622 Net 519.463 Pa8¢ 21
PRT Borders Cydrers Centre SCIO Notes to the Flnancial Statements for the Year Ended 31 March 2025 (continued) At l April 2023 Fln&ntSng cash At 31 Mareh tlow% 2024 Cash at bank and in hand 369,592 147,249 516,841 Nel 369 592 147249 516,841 Page 22