REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
SCOTTISH CARE |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
SCOTTISH CARE |
SCOTTISH CARE |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Report of the Trustees | 1 | to | 4 |
Report of the Independent Auditors | 5 | to | 7 |
Statement of Financial Activities | 8 |
Balance Sheet | 9 |
Cash Flow Statement | 10 |
Notes to the Cash Flow Statement | 11 |
Notes to the Financial Statements | 12 | to | 19 |
SCOTTISH CARE (REGISTERED NUMBER: SC243076) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The company's object is: |
To meet its charitable purposes of |
- the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage |
In furtherance thereof but not otherwise the Company shall seek to carry out the following activities: |
(a) Promote, maintain, improve and advance for the benefit of those affected under article 4, organisations which offer care and support services in Scotland. In furtherance thereof but not otherwise the Company shall seek to carry out the following activities: |
(b) Promote the common interests of such organisations and advance their position to the advantage of their members. |
(c) To assist the sector in this field in developing their services and standards |
Scottish Care gained charitable status on 19 October 2021. |
We represent just over 318 organisations - around 860 individual services, delivering residential care, nursing care, day care, care at home and housing support services. |
Membership covers private, voluntary sector and employee-owned provider organisations. It includes organisations of varying types and sizes, single providers, small and medium sized groups, national providers and not-for-profit voluntary organisations and associations. |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
This last year has been focused on supporting members to maintain sustainable services to people accessing care and support and working in-house to develop a 5-year strategy. These activities have enabled Scottish Care to focus on what is important in meeting its charitable aims, facilitating a reprioritization of activities. This has included responding to the National Care Service Bill, being called to give evidence in the Public Inquiries into Covid-19 pandemic response, pursuing local and national initiatives to enable preventative and human-rights based care and support, and working collaboratively e.g. with the Royal Society of Arts and the Improving Adult Care Together (IMPACT) Programme on The Care Futures design programme. The organisation has also embarked upon a digital transformation programme, starting with the introduction of processes and methodologies for recording outcomes and impact. |
FINANCIAL REVIEW |
Financial position |
The financial results are as set out in the attached financial statements. |
Incoming resources totalled £2,506,249 (2023: £2,298,114). There was an overall decrease in the funds of the charity in the year to March 2024 of £10,024 (2023: £39,676). The general fund has a balance of £261,447 at 31 March 2024. (2023: £.297,155). |
Principal funding sources |
Scottish Care is financed via various sources. In the main, the Senior Management Team and office staff are funded via membership fees, with projects and workstreams from funders and partners including Health and Social Care Partnerships, Scottish Government, and partnerships with various universities. |
SCOTTISH CARE (REGISTERED NUMBER: SC243076) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
FINANCIAL REVIEW |
Reserves policy |
The unrestricted general fund represents accumulated surpluses and deficits on unrestricted funds and is available for use at the discretion the trustees in furtherance of the charitable objects. The trustees aim is to hold sufficient funds to meet approximately six to eight months operating expenditure. |
Unspent restricted funds are higher than anticipated at the year end due to a reticence for in-person events post-pandemic. These majority of these funds will be spent during the current year. |
FUTURE PLANS |
Scottish Care will launch a 5 year plan at the AGM in September. This outlines priorities and activities going forward, mapped against the newly introduced outcomes measuring tool. This will enable us to 'tell our story better' showing where we have greatest impact, where we might need to concentrate further, and opening doors for further collaboration and funding opportunities. Scottish Care will continue to focus on a sustainable social care sector fit for the future and founded in human rights. We will also continue to celebrate and share the success of the sector by hosting conferences and awards ceremonies. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Recruitment and appointment of new trustees |
Trustees are appointed by and from the membership of Scottish Care at the Annual General Meeting. The board of trustees may appoint a trustee from the membership at any time. The trustees will then retire at the Annual General Meeting and be eligible for re-election. The maximum number of trustees shall be 16. |
An indemnity insurance policy is in place for the benefit of the trustees. |
Organisational structure |
The trustees meet regularly to administer the charity. Delegation of the management of the day to day operations of the charity has been made to Donald Macaskill who is the chief executive. |
Induction and training of new trustees |
New trustees undergo an appropriate induction programme to brief them on their obligations under charity and company law and the financial performance of the company. |
Key management remuneration |
The key management of the charity are the trustees, the chief executive and deputy chief executive. The remuneration policy for all employees is to match the skills, experience and qualifications of each post consistent with a framework allowing market levels in the local employment area. |
Risk management |
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
SCOTTISH CARE (REGISTERED NUMBER: SC243076) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
Registered office |
Trustees |
Company Secretary |
Auditors |
Chartered Accountants & Statutory Auditor |
20 Barns Street |
Ayr |
Ayrshire |
KA7 1XA |
STATEMENT OF TRUSTEES' RESPONSIBILITIES |
The trustees (who are also the directors of SCOTTISH CARE for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). |
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to |
- | select suitable accounting policies and then apply them consistently; |
- | observe the methods and principles in the Charity SORP; |
- | make judgements and estimates that are reasonable and prudent; |
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. |
SCOTTISH CARE (REGISTERED NUMBER: SC243076) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued |
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
In so far as the trustees are aware: |
- | there is no relevant audit information of which the charitable company's auditors are unaware; and |
- | the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. |
AUDITORS |
The auditors, Galbraith Pritchards, will be proposed for re-appointment at the forthcoming Annual General Meeting. |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
Approved by order of the board of trustees on |
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF |
SCOTTISH CARE |
Opinion |
We have audited the financial statements of SCOTTISH CARE (the 'charitable company') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). |
In our opinion the financial statements: |
- | give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 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, the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland) Regulations 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 Auditors' 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 the provisions available for small entities, in the circumstances set out in note 19 to the financial statements, 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 trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. |
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. |
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in 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 misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. |
Opinions on 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 Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
- | the Report of the Trustees has been prepared in accordance with applicable legal requirements. |
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF |
SCOTTISH CARE |
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 Report of the Trustees. |
We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion: |
- | adequate and proper 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; or |
- | the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. |
Responsibilities of trustees |
As explained more fully in the Statement of Trustees' Responsibilities, the trustees 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 but to do so. |
Our responsibilities for the audit of the financial statements |
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 a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will 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. |
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: |
We gained an understanding of the legal and regulatory framework applicable to the company and the sector in which it operates and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. We designed audit procedures to respond to the risk, recognising that 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. |
We focussed on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to, the Companies Act 2006 and UK tax legislation. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and, enquiries with management. 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. We did not identify any key audit matters relating to irregularities, including fraud. As in all our audits, we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud. |
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. |
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF |
SCOTTISH CARE |
Use of our report |
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company's members and the trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. |
for and on behalf of |
Chartered Accountants & Statutory Auditor |
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 |
Ayr |
Ayrshire |
KA7 1XA |
SCOTTISH CARE |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 31 MARCH 2024 |
31/3/24 | 31/3/23 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
Charitable activities | 4 |
Investment income | 3 |
Total |
EXPENDITURE ON |
Charitable activities | 5 |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 484,647 |
SCOTTISH CARE (REGISTERED NUMBER: SC243076) |
BALANCE SHEET |
31 MARCH 2024 |
31/3/24 | 31/3/23 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 13 |
CURRENT ASSETS |
Debtors | 14 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 15 | ( |
) | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 17 |
Unrestricted funds | 297,155 |
Restricted funds | 187,492 |
TOTAL FUNDS | 484,647 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
SCOTTISH CARE |
CASH FLOW STATEMENT |
FOR THE YEAR ENDED 31 MARCH 2024 |
31/3/24 | 31/3/23 |
Notes | £ | £ |
Cash flows from operating activities |
Cash generated from operations | 1 | (325,941 | ) | (60,200 | ) |
Interest paid | (1,866 | ) | (1,787 | ) |
Net cash used in operating activities | (327,807 | ) | (61,987 | ) |
Cash flows from investing activities |
Interest received | 9,534 | 3,293 |
Net cash provided by investing activities | 9,534 | 3,293 |
Change in cash and cash equivalents in the reporting period |
(318,273 |
) |
(58,694 |
) |
Cash and cash equivalents at the beginning of the reporting period |
1,094,843 |
1,153,537 |
Cash and cash equivalents at the end of the reporting period |
776,570 |
1,094,843 |
SCOTTISH CARE |
NOTES TO THE CASH FLOW STATEMENT |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES |
31/3/24 | 31/3/23 |
£ | £ |
Net expenditure for the reporting period (as per the Statement of Financial Activities) |
(10,024 |
) |
(39,676 |
) |
Adjustments for: |
Interest received | (9,534 | ) | (3,293 | ) |
Interest paid | 1,866 | 1,787 |
Increase in debtors | (96,425 | ) | (5,080 | ) |
Decrease in creditors | (211,824 | ) | (13,938 | ) |
Net cash used in operations | (325,941 | ) | (60,200 | ) |
2. | ANALYSIS OF CHANGES IN NET FUNDS |
At 1/4/23 | Cash flow | At 31/3/24 |
£ | £ | £ |
Net cash |
Cash at bank and in hand | 1,094,843 | (318,273 | ) | 776,570 |
1,094,843 | (318,273 | ) | 776,570 |
Total | 1,094,843 | (318,273 | ) | 776,570 |
SCOTTISH CARE |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. |
The Trustees consider that there are no material uncertainties about the company's abilities to continue as a going concern. |
PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS |
The Charitable company has a wholly owned subsidiary SC Commerce Limited. Group accounts are not prepared on the basis that a true and fair view of the group is already provided as the subsidiary donates its profit to the charity. The trustees consider that the preparation of group accounts would not be materially different for the purposes of giving a " true and fair" view in accordance with the Charities SORP (FRS 102). |
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY |
In the application of the company's accounting policies, which are described in note 2, the directors are required to make judgements, estimates and assumptions about the carrying amounts 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. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. |
INCOME |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Income from government and other grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and not deferred. |
EXPENDITURE |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
TANGIBLE FIXED ASSETS |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Computer equipment | - |
A review of impairment is carried out at each reporting date. Where the carrying value exceeds the recoverable amount,the asset is impaired accordingly. Prior impairments are also reviewed for possible at each reporting date. |
SCOTTISH CARE |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | ACCOUNTING POLICIES - continued |
TANGIBLE FIXED ASSETS |
Individual assets costing £1,000 or more are capitalised. |
TAXATION |
The charity is exempt from corporation tax on its charitable activities. |
FUND ACCOUNTING |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
HIRE PURCHASE AND LEASING COMMITMENTS |
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. |
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
INVESTMENTS IN SUBSIDIARIES |
Investments in subsidiary undertakings are recognised at cost. |
FINANCIAL INSTRUMENTS |
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. |
PROVISIONS |
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. |
2. | DONATIONS AND LEGACIES |
31/3/24 | 31/3/23 |
£ | £ |
Donations |
Gift aid |
Membership fees |
SCOTTISH CARE |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
3. | INVESTMENT INCOME |
31/3/24 | 31/3/23 |
£ | £ |
Deposit account interest |
4. | INCOME FROM CHARITABLE ACTIVITIES |
31/3/24 | 31/3/23 |
Activity | £ | £ |
Grants | Grants | 1,923,737 | 1,771,858 |
Grant management fees | Grant management fees | 170,441 | 183,743 |
5. | CHARITABLE ACTIVITIES COSTS |
Direct | Support |
Costs (see | costs (see |
note 6) | note 7) | Totals |
£ | £ | £ |
Costs directly allocated to activities | 2,433,091 | - | 2,433,091 |
Support costs | - | 83,182 | 83,182 |
2,433,091 | 83,182 | 2,516,273 |
6. | DIRECT COSTS OF CHARITABLE ACTIVITIES |
31/3/24 | 31/3/23 |
£ | £ |
Trustees' remuneration etc | - | 16,129 |
Staff costs | 2,024,860 | 1,820,804 |
Other operating leases | 8,334 | 11,174 |
Rates and water | 299 | 163 |
Insurance | 2,235 | 2,087 |
Light and heat | 1,107 | 371 |
Postage, stationery and telephone | 3,399 | 2,712 |
Advertising | 450 | 387 |
Salary costs recharged to grants | (1,510,855 | ) | (1,379,397 | ) |
Salary costs recharged to SC Commerce Limited | (63,207 | ) | (60,596 | ) |
Grant costs | 1,900,854 | 1,743,919 |
Organisation development | 6,930 | 10,791 |
President's fees | 4,117 | 6,176 |
Motor expenses | 1,174 | 2,015 |
Computer costs | 13,748 | 16,705 |
Sundry expenses | 7,443 | 8,013 |
Working from home costs | - | 2,568 |
Subscriptions | 2,419 | 1,598 |
HR and health and safety | 2,737 | 3,106 |
Consultancy fees | 4,078 | 7,455 |
Repairs and maintenance | 25 | 39,860 |
Bad debts | 2,377 | 1,038 |
Travelling | 13,284 | 13,099 |
Carried forward | 2,425,808 | 2,270,177 |
SCOTTISH CARE |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
6. | DIRECT COSTS OF CHARITABLE ACTIVITIES - continued |
31/3/24 | 31/3/23 |
£ | £ |
Brought forward | 2,425,808 | 2,270,177 |
Meeting expenses | 6,268 | 4,185 |
Donations | 1,015 | - |
2,433,091 | 2,274,362 |
7. | SUPPORT COSTS |
Governance |
Management | costs | Totals |
£ | £ | £ |
Support costs | 1,866 | 81,316 | 83,182 |
8. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31/3/24 | 31/3/23 |
£ | £ |
Auditors' remuneration | 9,036 | 8,100 |
Other non-audit services | 3,348 | 3,348 |
Other operating leases | 8,334 | 11,174 |
9. | TRUSTEES' REMUNERATION AND BENEFITS |
31/3/24 | 31/3/23 |
£ | £ |
Trustees' salaries |
Trustees' social security |
Trustees' pension contributions to money purchase schemes |
Last year salaries were paid to the Chief Executive and Deputy Chief Executive who during the process of the organisation becoming a charity resigned as trustees on 03/05/2022. |
TRUSTEES' EXPENSES |
No expenses were paid to trustees during the year. (2023: £48). |
SCOTTISH CARE |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
10. | STAFF COSTS |
31/3/24 | 31/3/23 |
£ | £ |
Wages and salaries |
Social security costs |
Other pension costs |
2,024,860 | 1,836,933 |
The average monthly number of employees during the year was as follows: |
31/3/24 | 31/3/23 |
Support | 42 | 40 |
Administration and governance | 4 | 4 |
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: |
31/3/24 | 31/3/23 |
£70,001 - £80,000 |
£90,001 - £100,000 |
£100,001 - £110,000 | 1 | - |
2 | 2 |
The charity considers its key management personnel to be its Chief Executive and Deputy Chief Executive. The total employment benefits including employer pension contributions of the key management personnel were £180,368 (2023: £171,072). |
11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
Total |
SCOTTISH CARE |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 367,316 | 157,007 |
TOTAL FUNDS CARRIED FORWARD | 297,154 | 187,493 | 484,647 |
12. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 April 2023 and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 and 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
13. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST LESS IMPAIRMENT |
At 1 April 2023 and 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 | 1 |
At 31 March 2023 | 1 |
There were no investment assets outside the UK. |
The net assets of S C Commerce Limited at 31/03/2024 are £119,113. |
SCOTTISH CARE |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
14. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Trade debtors |
Other debtors |
Prepayments and accrued income |
15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Trade creditors |
Social security and other taxes |
Other creditors |
Accruals and deferred income |
16. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
31/3/24 | 31/3/23 |
£ | £ |
Between one and five years |
17. | MOVEMENT IN FUNDS |
Small amounts of funding has been unspent due to continued pressures on the social care sector affecting the availability of care providers to attend e.g. training events. This funding will roll over into next year. In the event of an underspend, funding would be used as per the terms of any grants - to support innovation, improvement and stability in care and support for the people of Scotland |
During the year the incoming resources from restricted funds was £2,094,178 ( 2023 £1,955,600 ) and the outgoing resources spent from restricted funds was £2,068,494 ( 2023 £1,925,115 ) making a net increase in restricted funds of £25,684 (2023 £30,485). |
RESTRICTED FUNDS |
At 1/4/23 |
Incoming resources |
Resources expended |
Transfers |
At 31/03/24 |
£ | £ | £ | £ | £ |
Workstreams | 83,364 | 1,848,210 | -1,899,573 | -7,107 | 24,894 |
Training | 61,638 | - | -1,279 | -14,054 | 46,305 |
Management,staffing & contingency |
25,381 |
78,326 |
- |
21,161 |
124,868 |
Donation/Award | 17,109 | - | - | - | 17,109 |
Grant management fees | 167,642 | -167,642 |
187,492 | 2,094,178 | -2,068,494 | - | 213,176 |
SCOTTISH CARE |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
17. | MOVEMENT IN FUNDS - continued |
Funding for Workstreams has come from the following grant makers: Scottish Government, Health and Social Care Partnerships, Local authorities, and Universities. Funding for Management, staffing and contingency has been taken as a proportion of all grants to cover the following examples: management fee including IT and software, learning and development, recruitment and staffing costs. |
18. | RELATED PARTY DISCLOSURES |
During the year, expenses amounting to £67,963 (2023: £60,596) were recharged from the company to subsidiary company S C Commerce Limited for wages and administration costs.This amount was included in debtors at the year end. |
A gift aid donation of £46,288 was received from SC Commerce Limited during the year. |
19. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES |
In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. |
20. | ULTIMATE CONTROLLING PARTY |
In the opinion of the trustees, there is no ultimate controlling party. |