The trustees, who are also the directors for the purposes of company law, present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with 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 (FRS 102)" (effective 1 January 2019).
A summary of the objects of the charity as set out in its governing document:
The relief of need, hardship, poverty or distress mainly but not exclusively in the County of Durham including but without limitation the promotion of support of the health and welfare of people ("Carers") with responsibilities for caring for those in need of support and assistance by reason, by age, infirmity, disability or poverty.
The purpose of the charity is contained in our "Mission Statement":
"Durham County Carers Support aims to provide a better life for Carers". On 1st July 2012 we became Durham County Carers Support following the merger of the four former Carer Centres (Derwentside Carer Centre, Durham and Chester le Street Carer Support, Easington District Carer Support and Durham Dales Action for Carers) into Sedgefield Locality Carers Centre which then changed its name. The service covers the whole of County Durham and offers support to all adults caring for someone in the County.
Our "Vision" sets out the overall long-term outcomes of the charity:
"Creating a community where Carers are recognised, valued and supported".
In setting the objects and planning the activities of the organisation, the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.
Overall Strategy for delivering our objectives
The overall strategy for delivering the organisation's objectives is to have a clear strategic plan linked to an Operational and Development plan, ensuring that all stakeholders are consulted when developing and updating these. We focus on listening to Carers and responding to their changing needs whilst working in partnership with a wide range of stakeholders from health, social care and the voluntary and community sector. We have developed effective ways of gathering feedback and consulting with Carers and regularly review systems to ensure they are fit for purpose. In the last few years, we have developed our methods of using digital tools, face to face and in groups to listen to our service users and shape the service accordingly.
The model of delivery is based on front line generic patch-based workers supported by project workers, peer support workers and a Senior Leadership Team (SLT).
We use feedback, data and monitoring to ensure a process of continuous improvement is in place to overcome the challenges faced. In early 2024 we asked Carers to tell us about the service they received, what works for them and what needs improving. 714 Carers took part, with 58% caring for between 51 and 100+ hours a week. 57% had been caring for at least 5 years, so very much at the heavy end of caring. Carers told us what parts of our service were most important to them and suggested improvements. Following this we held 3 consultation events attended by 125 people and invited some wider stakeholders. This enabled us to drill down on some of the issues raised. Feedback will shape the direction and shape of our planning and has already informed developments.
The year beginning April 2023 was the first full year of getting back on a normal footing following the pandemic. We continued to offer higher levels of support around financial wellbeing as the cost-of-living crisis, fuel bills and inflation hit Carers disproportionately. During the year we had 3985 referrals in total between County Durham and Darlington.
We have continued to develop our digital offer whilst keeping the face-to-face contact for vulnerable Carers who need this most. Website visits grew 14% from 3,600 to 4,100 in the year. Online registrations during the year amounted to 892. Our Facebook reach is now over 10,000 per month and our Facebook Carer forum grew from 177 to 708 during the year. We have an instant messaging service via the website that dealt with over 540 requests, and we have now embraced some features of AI to support out of hours queries. We are very excited to be developing a Virtual Carer Centre to extend our offer this year.
Our frontline support for benefits and grants continues to be in huge demand. In Durham 639 Carers were supported to gain £2,988,051 in annual income and £784,441 in backdated awards. In Darlington the first year of benefit support helped 60 Carers who were supported to gain 28 grants totalling £7,419.
Following a training survey, we developed a training plan and during the year delivered a wide range of workshops, courses and activities, mostly face to face, to 680 Carers. These were funded by a combination of Durham County Council Care Academy, working with partners and our Carer Wellbeing fund with fundraising and donations.
“Online Pilates gave me a psychological and social benefit. It’s been good to have something for me and I’ve really looked forward to the sessions. Online made it accessible. Thank you”. “Positive approach to care course helped me to appreciate what my mother is going through with her dementia. I now feel well equipped and am keen to use the knowledge and skills I have learnt”.
The Volunteer service has grown massively during the year to 14,940 hours of support. This includes delivering counselling to 617 Carers and the “Keeping in Touch” team calling 1148 Carers, resulting in many of these receiving additional support and services. A focus on developing the benefit form filling service has enabled 180 families to get support with child DLA. Our 7 support groups are now attended by an average of 120 every month.
We now have two projects intensively supporting Carers when the person they care for is in hospital and most importantly at the point of discharge and for the first few weeks after discharge. Both Durham County Council and Darlington Borough Council have funded these. Staff are based in University Hospital North Durham and Darlington Memorial Hospital several days a week and have already supported over 80 Carers.
Key Statistics 2023/2024
County Durham statistics. 3529 referrals during the year. 639 supported with benefits. £2,988,051 in additional income secured as a result and £784,441 in backdated payments. 4648 Carer discount cards issued. 2648 Carer breaks funded and organised. Grants for individual Carers totalled £13,496 and a huge £175,000 was distributed to Carers via funding from the Government through the Household Support Scheme.
Darlington statistics. 456 referrals during the year. 60 Carers supported with benefits, gaining £501,000 In additional income and £112,000 in backdated awards. £7,419 was secured from grants for individual Carers.
The organisation has a Reserve Policy that is reviewed on an annual basis by the Board of Trustees. The Trustees have established the policy of maintaining unrestricted funds, which are the free reserves of the Charity. The agreed level equates to between 3 and 6 months expenditure to provide sufficient funds to cover premises, management, administration and support costs. At 31 March 2024 the company held unrestricted free reserves of £605,208 which is considered to be more than adequate in relation to the requirements of the reserve policy.
Having secured our main contracts for Carer Support across County Durham and Darlington and carried out a mini restructure, we have used our Strategic Plan to focus on the future. We have produced an Operation and Development plan that looks at how we do this.
In Darlington we have expanded the team, and it includes a Hospital Discharge project, specialist Parent Carer support and Connecting Carers project alongside the existing Carer Support team. All these will enable us to increase the reach of the support available, work with more partners and hopefully achieve our mission to improve the life of Carers in Darlington.
In County Durham our Partnership and Engagement Coordinator will target areas of lower referrals and work with organisations to identify harder to reach communities. We are using the feedback from the Carer survey earlier this year to inform our plans and ensure Carers are communicated in the ways they find most accessible and we support them with the issues they struggle with most.
We are hugely grateful to a legacy from Geoffrey Stanley Walker that has gone a long way to help us purchase a new building in Durham Street Spennymoor. We plan to move into this by early October and this will really help us reduce our costs in the long term.
We have just commenced a new and exciting project funded by the gas networks via Carers Trust. This will enable us to offer enhanced specialist support across the whole area to target financial and fuel poverty needs. The Carer fuel poverty alleviation project is a national initiative and we will be working with 23 other areas to deliver this over the next 18 months.
We will be ensuring that Carers have various accessible ways to shape the service through surveys, feedback opportunities and informal routes. By listening to their feedback we will develop our services using this lived experience.
Finally, we are continuing to look at our digital offer and reach and hope to launch our virtual Carer Centre in late 2024. This will enable access to our resources, training and service to Carers who sign up to it, 24 hours a day.
Governing document
Durham County Carer Support (DCCS) is a charity and a company limited by guarantee. Sedgefield Locality Carer Centre was renamed Durham County Carers Support on 1st July 2012 and the other four former Carer Centres merged into it on this date. The company was established under a Memorandum of Association, which establishes the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount of £1 on the winding up of the organisation.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Recruitment and appointment of new Directors
The Trustees of the charity are also Directors for the purposes of company law. Under the requirements of the Memorandum and Articles of Association, at the annual general meeting one third of the directors who are subject to retirement by rotation, or the number nearest to one third, shall retire, but if there is only one director who is subject to retire by rotation, he/she shall retire. If the vacancies are not filled, the retiring directors, if willing, can be deemed to have been re-appointed.
The Articles of Association state that the Company shall use all reasonable endeavours to ensure that not less than 25% of the directors from time to time shall be service users. Currently the majority of Directors are Carers or former Carers living in County Durham thereby ensuring that the organisation is governed by representatives of those it seeks to serve.
The Board of Directors has identified key skills required by Directors and has implemented a fair recruitment process involving provision of information on the role and skills required and a formal application process for all interested parties. In an effort to maintain a broad skill mix, each Director completes a curriculum vitae of experience, positions held and skills, updated annually.
Organisational structure
The Board of Directors is elected by the membership and can comprise up to sixteen members and has responsibility for the strategic direction and policy of the company and ensuring it meets legal requirements. They have appointed staff to undertake the day to day running of the organisation led by the Chief Executive delegated to manage the day-to-day operations of the organisation. In addition to bi-monthly meetings of the Board of Directors, the Elected Officers of the Executive Board of the Board of Directors meet regularly to review policy, strategy, finance and human resource issues.
The organisation has established a senior management team involving the Chief Executive and Senior Managers to oversee development and operations, review performance information, make financial decisions within the agreed annual budget and prepare reports and recommendations for the Board of Directors.
Induction and training of Directors
All Directors have an induction and all Directors are issued with a Directors Handbook which covers their legal obligations under charity and company law, summaries of the Memorandum and Articles of Association, roles and responsibilities, organisational reporting structures and staff structures, health & safety policy and procedures information. Directors also have policy inductions on Confidentiality, Equality & Diversity, Health & Safety and Quality.
Risk Management
The Board of Directors and Management Team produce an updated risk register once a year. This follows a review of risks to which DCCS is exposed through assessing all areas of the organisation's activities. These cover governance, management, environment, operations and finance. The risk register has a rating against each risk and identifies what controls are in process and any gaps. Leads are identified and dates when actions are to be completed are set. As a contract requirement we also have a business continuity plan to show how we would continue to operate in the face of disasters or a major breakdown. In March 2021 we were successful in securing Trusted Charity award which included an external assessment of a wide range of areas, including the management of risk and Trustee and Senior Management policies and procedures.
Relationship to wider networks
Durham County Carers Support is a network member of Carers Trust, a National Charity supporting Carers and Carer Support Organisations. We have a Principles of Partnership agreement which clearly sets out each sides' responsibilities. We are also affiliated to Carers UK who lead on policy and lobbying to make positive changes for Carers. DCCS is an active member of the Northern Hub of Carers Trust Carer Centres and meets regularly regionally to share intelligence and feedback to the national networks. DCCS works in partnership with VCS organisations across County Durham through Advice in County Durham and Better Together forum. In Darlington we Chair the Darlington Carers Strategy which produces an action plan and works to deliver this.
Related Parties
None of our Directors receive remuneration or other benefit from their work with the charity. Any connection between a Director or a Senior Manager of the charity with an organisation we contract with or for must be disclosed to the full Board of Directors.
The trustees, who are also the directors of Durham County Carers Support for the purpose of company law, are responsible for preparing the Trustees' Report 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 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 financial statements, 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;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements 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 financial statements 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.
In accordance with the company's articles, a resolution proposing that Allen Sykes Limited be reappointed as auditor of the company will be put at a General Meeting.
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' report was approved by the Board of Trustees.
Opinion
We have audited the financial statements of Durham County Carers Support (the ‘charity’) for the year ended 31 March 2024 which comprise the statement of financial activities, the statement of financial position, the 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:
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 charity 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.
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 charity’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 contained within the annual report. 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 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 our audit:
the information given in the trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and
the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.
We have nothing to report in respect of the following matters in relation to which 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
we have not received all the information and explanations we require for our audit; or
the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees' report and from the requirement to prepare a strategic report.
As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose 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 charity’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 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.
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 extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:
the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector;
we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, Charities Act 2011, taxation legislation, data protection, anti-bribery, employment, environmental and health and safety legislation;
we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and
identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
performed analytical procedures to identify any unusual or unexpected relationships;
tested journal entries to identify unusual transactions;
assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and
investigated the rationale behind any identified significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
agreeing financial statement disclosures to underlying supporting documentation;
enquiring of management as to actual and potential litigation and claims; and
reviewing correspondence with HMRC, relevant regulators and the company's legal advisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
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. 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 and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Durham County Carers Support is a private company limited by guarantee incorporated in England and Wales. The registered office is Enterprise House, Enterprise City, Meadowfield Avenue, Spennymoor, County Durham, DL16 6JF.
The financial statements have been prepared in accordance with the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
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.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
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:
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
At each reporting end date, the charity reviews the carrying amounts of its tangible 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).
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
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.
Basic financial assets, which include debtors and cash and bank balances, are initially 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 classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
The company is incorporated under the Companies Act 2006 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding £1 as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.
At 31 March 2024 there were 213 members (2023 - 247 members).
Grants
Fundraising activities
Bank Interest Receivable
Travel & Subsistence
Supervision for Counselling
Other costs
Carer Breaks
Carer Events
DCC Vouchers
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. A total of £509 (2023 - £1,233) was paid during the year in respect of board expenses and training.
The average monthly number of employees during the year was:
The remuneration of key management personnel was as follows:
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
The fund transfers relate to either transfers from restricted funds to unrestricted funds where non-monetary expenditure (e.g. management charges, etc) has been released during the year or transfers from unrestricted funds to restricted funds to cover a deficit on the fund where expenditure was greater than the income receivable. The transfers have been made in order that the restricted funds shown in the balance sheet at the year-end shows the total amount of funding remaining which has been restricted in its purpose.
Per agreement with Durham County Council the unspent amount at 31 March 2023 on the Resi & Opps Carer Breaks restricted fund of £13,182 was transferred into the Durham Parent Carer restricted fund.
Deferred income is included in the financial statements as follows:
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
Details of restricted funds
Resi & Opps Carer Breaks - To provide a holiday and opportunity fund for carers who qualify under a set criteria;
Masonic Charitable Foundation - To fund one year of specialist support for parent carers of children with disabilities and additional needs;
PCT Mental Health Easington - To provide support for carers who care for someone with a mental health condition living in the Easington locality;
Darlington Digital - To fund the connecting carers project in County Durham which aims to support carers to get online;
Carer Grant - Bursaries provided for carers;
DCC Carer Breaks - Funds to enable carers to have a break from their caring role;
Darlington Carer Support - To provide a carer support service in Darlington;
DWP Household Support - To provide support for carers in heating their homes;
Inclusion North - To fund activities for carers;
Durham Hospital Discharge - To provide specialist support to carers supporting someone leaving hospital;
PCP Mental Health - To deliver transformation to mental health services in the Derwentside locality;
Darlington Parent Carer - To fund specialist support for parent carers living in Darlington;
Volunteer Welfare Benefits Project - To provide support by trained volunteers to assist with completing benefit claim forms;
Connecting Carers - To support carers in getting online with information, advice and training in addition to funding equipment;
Debt Advice for Carers - To fund a specialist advice service offering support to carers experiencing issues with debt;
Darlington Employer Project - To improve support for carers employed in Darlington;
Adult Social Care Discharge - To provide support to unpaid carers;
DCC Infection Control - To support the organisation in reducing the risk of infection due to Covid-19;
DCC Recovery & Reset - To improve support for employed carers and digitally connecting them to reduce social isolation;
Carers Wellbeing Fund - To provide carer groups and events and emergency grants for carers;
Durham Parent Carer - To fund specialist support to parent carers living in County Durham;
Darlington Hospital Discharge - To provide specialist support to carers supporting someone leaving hospital;
Mental Health Development Carer Support - To support carers through the discharge process from Mental Health Trusts;
Needs Led Pathway - To support parent carers especially those whose child has been diagnosed with neuro-developmental issues (e.g. Autism, ADHD, etc);
Other - Other smaller projects.
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
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:
Mrs V A Burnip, trustee, is a director of Vonne. Included in charitable activities expenditure is £426 (2023 - £300) in relation to services provided by Vonne. The transactions were at arms-length.
A prior year adjustment has been made to reclassify bank balances held on short term deposits totalling £172,126 as current asset investments rather than bank and cash.
This adjustment is presentational and has no effect on retained earnings brought forward.
Reconciliation of changes in equity
The prior period adjustments do not give rise to any effect upon equity.
The charity had no material debt during the year.