REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
Cumbernauld Action for |
Care of the Elderly |
(A Company Limited by Guarantee) |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
Cumbernauld Action for |
Care of the Elderly |
(A Company Limited by Guarantee) |
Cumbernauld Action for |
Care of the Elderly |
Contents of the Financial Statements |
for the Year Ended 31 March 2024 |
Page |
Report of the Trustees | 1 | to | 7 |
Independent Examiner's Report | 8 |
Statement of Financial Activities | 9 |
Balance Sheet | 10 | to | 11 |
Notes to the Financial Statements | 12 | to | 21 |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
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 |
CACE's charitable purposes are to ensure that older people live in a community where they are valued and supported to enjoy a good quality of life and live as independently is possible. CACE hopes that by enhancing the social connection and reducing loneliness and isolation that both the quality of life for the older person and that of their carers is increased. CACE service provision is in Cumbernauld, Kilsyth and the surrounding areas within the Northern corridor of North Lanarkshire. CACE provides these services through a mixed economy of staff and volunteers. |
It advances this though our set of aims which are: |
- to enable older people to have independence and wellbeing through a choice of social and community opportunities and support services helping them to make the best of later life. |
- to help older people, their families and carers to be well informed and supported, so they can make healthy and informed choices and retain control over their own lives for longer. |
- to involve and include older people in all that we do. This includes the design and development and delivery of our services and their own care. |
- to provide respite opportunities to carers of older people. |
- to provide a Volunteer and Befriending service |
- to provide volunteers to support us to run our groups and activities, and to provide Befrienders to older people who are unable to attend outside events. |
Through our set of objectives which include: |
- to promote the welfare of vulnerable older people and their carers who are residents of Cumbernauld and surrounding areas; |
- to advance education among the general public and statutory and voluntary bodies as to the needs of vulnerable older people and their carers; |
- to promote and/or provide training in skills of all kinds, particularly such skills as will assist those who care for vulnerable older people to improve the conditions of life of vulnerable older people from the Cumbernauld and surrounding areas |
- to promote, establish and operate other schemes of a charitable nature for the benefit of the community within the Cumbernauld and surrounding area |
Through our outcomes which are: |
- that older people becoming more socially connected and have improved wellbeing. |
- that there is increased employment and volunteering opportunities within the community that build on skills and experience. |
- that carers having better managing and coping with their role. |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
ACHIEVEMENT AND PERFORMANCE |
This financial year saw CACE's services not only return to, but exceed, pre-pandemic levels. Our core services are constantly in development to meet the changing needs of those we support, centred around four main pillars: |
- Day Support Service (provided under contract to North Lanarkshire Council) |
- Community Transport |
- Activity Groups |
- Befriending Service |
Through these services, we offer support and companionship to more than 140 individuals on a regular basis, with a further 50 carers supported by our work. |
Towards the end of the financial year we undertook an evaluation looking at CACE's impact in terms of our stated outcomes. The summary findings were as follows: |
- Older people become more socially connected leading to improved wellbeing. People reported that their confidence has grown, their isolation has reduced, and their general wellbeing has increased. |
- Older people are more active and visible in the local community. We have increased the variety of activities we offer, and seen greater uptake as a result. Although we continue our core in-house groups, we are also supporting people/offering more supported opportunities to take part in activities and outings in the wider community. This helps service users with their confidence, particularly those who are anxious about being in public, and further supports them to remain active in the local community and to contribute to the local economy. |
- There is an enhanced service delivery through the skills, interests, and abilities of our volunteers. Reviewing and renewing our volunteering process and creating a post focused on this work has brought in some refreshing ideas, resulting in our volunteers reporting back that they feel valued and engaged again. |
- Carers have an increased ability to manage their caring role and self manage their own wellbeing. Activities at CACE make a huge difference to the carers of those we support in a variety of ways. Diverse activities now prompt carers to arrange respite for their loved ones more often. Our open-door culture encourages carers to openly discuss their concerns, hopes, and wishes with us. |
People consistently cite companionship and socialising as their most important reasons for coming to CACE. One of the most significant areas of improvement is confidence, with people feeling more able to speak up, try new things, and more likely to engage with others outside of CACE as a result. Using the Campaign to End Loneliness's measurement tool, almost all participants showed a significant reduction in loneliness from when they started at CACE Results on social isolation were similarly striking. |
Most people also noted a significant difference in their mental wellbeing, putting this down to being with people and having something to look forward to, as well as being able to get out of the house, and feel welcomed, safe and well supported. We also noted an increase in people's willingness to speak openly both to staff, friends and family about mental health. |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
CACE's impact on the people we support doesn't stop once they've finished a group for the day or been dropped back home. People reported that they're more able to do the things that are important to them and that they enjoy, both at CACE, and outside of our groups, back home or out and about. They note improved relationships with their loved ones and friends, and across groups and befriending, people formed strong bonds with other group members and volunteers, and continued these friendships in the wider community. |
CACE's Day Support service, provided on behalf of North Lanarkshire Council (NLC), offers a vital opportunity for older people who may be isolated or lonely to get out of the house and spend the day with others. The service offers the opportunity to socialise and make new connections, take part in varied activities, work on physical and mental wellbeing and enjoy a hearty meal together. It's highly valued by those who attend and carers, and there is always a waiting list to join. The service faces significant funding challenges due to the funding from NLC remaining static for many years despite significant increases in every cost area associated with the service. Conversations are ongoing with NLC to address this and ensure we are able to continue to offer the best possible. |
Our activities groups continue to be very popular, with weekly offerings evolving with people's needs and wants. Current groups are Active Men, the Arts, Workstation Women, Young at Heart and Sports for All. The groups operate at or near capacity. Alongside our groups, the allotment gave more people the opportunity get some fresh air and grow their own produce this year, after we undertook significant work on the plot to make It more accessible, installing raised beds and a shed. |
CACE's Community Transport buses provide door-to-door travel to our Day Support service and activity groups, as well as providing transport for other groups from council services, local organisations and community groups. As well as this, we offer approximately 153 places on outings every month. By improving engagement with community groups and other partners, we have almost doubled the number of opportunities for people to get out in the community and take day trips further afield using our Community Transport. This means both more respite for carers and more opportunities for them to get out with their loved ones whilst stepping out of their caring role if they wish. |
Our volunteer-staffed befriending service, which offers telephone befriending and home visits, is still oversubscribed. We have 29 individuals that engage regularly with our befrienders; this is soon to increase to 35. We are redesigning the service in 24/25 to try and meet more of the demand, as there is always a waiting list and we want to reach as many people as possible. |
Our developing volunteering programme offers something for everyone and our dedicated team of volunteers are essential to the organisation's operation, whether they are sharing interests with people and supporting them in groups or at home, driving minibuses or helping out passengers, digging over the allotment, or helping out with admin in our office. We currently have 50 volunteers in total. We are presently reviewing our intergenerational volunteering work. There will be increased focus on volunteer recruitment and development in 24/25 to support our volunteers and attract more people to support our work and reduce our befriending waiting list. Our volunteers are better engaged, and we are working harder to ensure we make the most of their skills and life experience as well as offering them opportunities to learn and benefit from their volunteering. Our volunteers consistently say that they find volunteering with CACE rewarding and enriching, and in turn, their dedication and kindness is praised by the people we support. |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
Continuing our constant efforts to meet the changing needs of the community, we invested more time in developing codesigned services and improving our person-centred focus, looking at increasing the activities we're able to offer, and how we personalise our services. This work led to a number of new events that were successfully trialled that we hope to be able to take forward in the new year. One particularly well received example was our partnership with Cumbernauld Community Cinema, which offered dementia-friendly screenings of films chosen by a group of people we support, and offered in comfortable, familiar surroundings. We also ran our first Harvest Lunch, which drew a crowd of 137 people. |
Another outcome of this shift in approach was the development of a new framework for our work using three broad themes: |
- Connections to Live Well - incorporating activities like yoga, keep fit, strength and balance, talks from key partners, attending community gatherings. |
- Connections to Learn Well -activities such as visual art, creative writing, poetry, knitting, digital skills. |
- Connections to Remember Well - incorporating activities such as quizzes, dementia-friendly cinema sessions, reminiscence activities and visits to places of interest. |
Like most charities, CACE is not immune from the cost of living crisis, and has seen significant increases in all cost areas, placing additional strain on existing funding and requiring us to do more with less. We are proud to have minimised impacts on frontline services and to remain a Real Living Wage employer. Our electric vehicles remain a substantial cost and operational challenge, regularly breaking down and with the manufacturer in administration and so unable to meet repair costs that would have been covered under warranty. |
This year saw an intense focus on fundraising with numerous new funding sources secured, resulting in a substantial uptick in income. We worked hard to reduce costs which is reflected in the decrease in our in-year deficit in comparison with recent years, but we have more work to do. Funding within the sector is precarious and increasingly competitive, and we recognise the challenges of keeping focus whilst operating in the absence of long-term security, as all small charities must do. |
The funding environment being what it is, we were delighted to secure new 2-year funding from the National Lottery Community Fund (commencing late 2024). This is a testament to the impact that CACE has had on the lives of the people we support. We are grateful to our staff, volunteers, and all those who support us to carry on this work. |
FINANCIAL REVIEW |
Financial position |
Total income received in 2024 was £441,600 compared with £375,105 in 2023. The principal source of funding for the charity continues to be by way of grant income. During the year unrestricted core grant funding of £124,589 and £59,853 of other grants was received. Restricted grant funding received during the year was £192,587. |
Expenditure in 2024 was £490,474 compared with £499,028 in 2023. Resulting in a net expenditure in 2024 of £48,874 compared with a net expenditure in 2023 of £123,923. |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
FINANCIAL REVIEW |
Reserves policy |
The directors regularly review reserves, using the Reserves Policy to support both the Financial Strategy and the Strategic Plan. A risk-based approach is used to calculate an optimal amount of reserves that looks at reliability of income, costs for re-organisation of activities, and specific liabilities. Amounts are included for risks we are aware of as well as contingencies to allow CACE to cope with unexpected costs and opportunities. |
We principally hold reserves to: |
- protect the continuity of CACE's work against uncertain future income streams |
- provide the capital needed to finance investment in operations |
- provide funds to replace assets |
- to cover for specific liabilities and identifiable risks |
- to allow CACE to respond to unexpected opportunities that can further its mission |
- to allow CACE to meet its contractual obligations. |
The trustees have set optimal reserves at £125,000 (2023: £125,000) which equates to approximately 3 months' expenditure. As at 31 March 2024, the level of Free Reserves (i.e. total unrestricted funds, less tangible assets and excluding any designated funds) stands at £91,654 (2023: £89,691). |
CACE has designated reserves of £NIL (2023: £38,000) and restricted reserves of £213,520 (2023: £225,186). The designated reserves have been returned to the general fund. Restricted reserves relate to income to be used in accordance with specific restrictions imposed by funders and therefore do not form part of general reserves. |
The Reserves Policy is reviewed quarterly as part of our internal financial control systems. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
Cumbernauld Action for Care of the Elderly (CACE) was originally founded in 1990 as an unincorporated charity. In April 1996 all operations were transferred to a Company limited by guarantee. The company was established under a Memorandum of Association which established 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 not exceeding £1. |
Appointment of Directors |
The directors of the company are categorised as Member Directors who are directors drawn from the membership of the company and elected by the members in annual general meeting or appointed by the directors in certain circumstances and Appointed Directors who are non-members appointed by the directors. Under the requirements of the Memorandum and Articles of Association at each annual general meeting any Member Directors appointed by the directors since the date of the last annual general meeting must retire from office. Out of the remaining Member Directors, the 5 directors who have been longest in office since their last appointment shall also retire from office. At the conclusion of each annual general meeting all Appointed Directors shall vacate office. |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Organisational structure |
The Board of Directors meet regularly and there are sub committees covering policy and finance which can be called upon to deal with urgent matters. A Chief Executive (CEO) is appointed by the directors to administer the day to day operations of the charity. |
Induction and training of new trustees |
The charity has reviewed its policies relating to induction and training to comply with guidelines and recommendations for the Office of Scottish Charity Regulator. This has ensured that its policies are sufficient to meet the training needs of its directors and staff and the charity continues to maintain the highest possible standards of service delivery. |
Risk management |
The Directors have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate our exposure to major risks. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Charles McCarry |
Irene McKendry |
Anne Brannan |
Stephen Chalmers |
Deborah McMahon (resigned December 2023) |
Mark Dunkerly (resigned October 2023) |
Ian Wells |
Molly Armstrong |
Company Secretary: |
Ian Wells |
Chief Executive: |
Wilma Paterson |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
REFERENCE AND ADMINISTRATIVE DETAILS |
Independent Examiner |
Accountants Plus |
Chartered Certified Accountants |
Unit 1 Cadzow Park |
82 Muir Street |
Hamilton |
ML3 6BJ |
Bankers |
Cumbernauld |
G67 1DQ |
Approved by the Board |
Independent Examiner's Report to the Trustees of |
Cumbernauld Action for |
Care of the Elderly |
I report on the accounts for the year ended 31 March 2024 set out on pages nine to twenty one. |
Respective responsibilities of trustees and examiner |
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention. |
Basis of the independent examiner's report |
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. |
Independent examiner's statement |
In connection with my examination, no matter has come to my attention : |
(1) | which gives me reasonable cause to believe that, in any material respect, the requirements |
- | to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and |
- | to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations |
have not been met; or |
(2) | to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
Francis Wallace Duncan F.A.I.A |
The Association of International Accountants |
Accountants Plus |
Chartered Certified Accountants |
Unit 1 Cadzow Park |
82 Muir Street |
Hamilton |
ML3 6BJ |
18 November 2024 |
Cumbernauld Action for |
Care of the Elderly |
Statement of Financial Activities |
for the Year Ended 31 March 2024 |
31.3.24 | 31.3.23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Other trading activities | 2 |
Investment income | 3 |
Other income |
Total |
EXPENDITURE ON |
Charitable activities |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
Transfers between funds | 12 | 17,784 | (17,784 | ) | - | - |
Net movement in funds | ( |
) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 357,562 |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
Balance Sheet |
31 March 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 8 |
CURRENT ASSETS |
Debtors | 9 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 10 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 12 |
Unrestricted funds | 132,377 |
Restricted funds | 225,185 |
TOTAL FUNDS | 357,562 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
Cumbernauld Action for |
Care of the Elderly (Registered number: SC164189) |
Balance Sheet - continued |
31 March 2024 |
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 |
Cumbernauld Action for |
Care of the Elderly |
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. |
Financial reporting standard 102 - reduced disclosure exemptions |
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': |
• | the requirements of Section 7 Statement of Cash Flows. |
Incoming resources |
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: |
- Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. |
- Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. |
Expenditure |
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: |
- Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes. |
- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. |
- Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Independent examiner's fees and costs linked to the strategic management of the charity. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Cumbernauld Action for |
Care of the Elderly |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
1. | ACCOUNTING POLICIES - continued |
Tangible fixed assets |
Motor vehicles - 25% reducing balance |
Office equipment - 25% reducing balance |
Tenants improvements - 25% straight line |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for any other purposes. |
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim of each designated fund is set out in the notes to the financial statements. |
Restricted funds are funds which have to be used in accordance with specific restrictions imposed by grant bodies or donors. |
Pension costs and other post-retirement benefits |
The charitable company contributes to a stakeholder pension scheme in respect of its employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
2. | OTHER TRADING ACTIVITIES |
31.3.24 | 31.3.23 |
£ | £ |
Fundraising events |
Service income | 48,352 | 24,448 |
Other income | 254 | 1,303 |
Cumbernauld Action for |
Care of the Elderly |
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. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31.3.24 | 31.3.23 |
£ | £ |
Depreciation - owned assets |
Surplus on disposal of fixed assets | ( |
) |
5. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
Trustees' expenses |
31.3.24 | 31.3.23 |
£ | £ |
Trustees' expenses |
6. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
31.3.24 | 31.3.23 |
Employees |
Cumbernauld Action for |
Care of the Elderly |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
7. | 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Other trading activities |
Investment income |
Other income |
Total |
EXPENDITURE ON |
Charitable activities |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
Transfers between funds | (177 | ) | 177 | - |
Net movement in funds | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 160,018 | 321,467 |
TOTAL FUNDS CARRIED FORWARD |
132,377 |
225,185 |
357,562 |
Cumbernauld Action for |
Care of the Elderly |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
8. | TANGIBLE FIXED ASSETS |
Improvements |
to | Motor | Computer |
property | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 April 2023 and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Prepayments |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Trade creditors |
Social security and other taxes |
Other creditors |
Accrued expenses |
11. | ANALYSIS OF NET ASSETS BETWEEN FUNDS |
31.3.24 | 31.3.23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
£ | £ | £ | £ |
Fixed assets | 3,514 | 132,537 | 136,051 | 183,236 |
Current assets |
Current liabilities | ( |
) | ( |
) | ( |
) |
95,168 | 213,520 | 308,688 | 357,562 |
Cumbernauld Action for |
Care of the Elderly |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
12. | MOVEMENT IN FUNDS |
Net | Transfers |
movement | between | At |
At 1.4.23 | in funds | funds | 31.3.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | (35,366 | ) | (101,907 | ) | 232,441 | 95,168 |
NLC Day Support | 138,931 | 56,428 | (195,359 | ) | - |
Chryston Day Support | (9,188 | ) | (9,514 | ) | 18,702 | - |
Contingency Fund | 38,000 | - | (38,000 | ) | - |
(54,993 | ) |
Restricted funds |
Community Transport | 23,191 | 1,737 | - | 24,928 |
New Minibus Fund | 19,615 | (4,904 | ) | - | 14,711 |
Volunteering/Befriending | 29,437 | 6,235 | (29,193 | ) | 6,479 |
Home Visits & Befriending | - | (409 | ) | 409 | - |
Activity Suite Refurbishment | 228 | - | - | 228 |
Allotment | 4,950 | (4,130 | ) | - | 820 |
Scottish Power Energy Networks | 139,369 | (35,684 | ) | - | 103,685 |
Lottery Fund | 8,395 | (6,089 | ) | 11,000 | 13,306 |
VANL Community Mental Health & Wellbeing Fund |
- |
49,363 |
- |
49,363 |
6,119 | ( |
) |
TOTAL FUNDS | (48,874 | ) | 308,688 |
Cumbernauld Action for |
Care of the Elderly |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
12. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 109,817 | (211,724 | ) | (101,907 | ) |
NLC Day Support | 124,589 | (68,161 | ) | 56,428 |
Chryston Day Support | 14,605 | (24,119 | ) | (9,514 | ) |
( |
) | (54,993 | ) |
Restricted funds |
Community Transport | 60,471 | (58,734 | ) | 1,737 |
New Minibus Fund | - | (4,904 | ) | (4,904 | ) |
Volunteering/Befriending | 19,438 | (13,203 | ) | 6,235 |
Home Visits & Befriending | 20,600 | (21,009 | ) | (409 | ) |
Allotment | 454 | (4,584 | ) | (4,130 | ) |
Scottish Power Energy Networks | - | (35,684 | ) | (35,684 | ) |
Lottery Fund | 39,763 | (45,852 | ) | (6,089 | ) |
Age Scotland | 2,500 | (2,500 | ) | - |
VANL Community Mental Health & Wellbeing Fund |
49,363 |
- |
49,363 |
( |
) | 6,119 |
TOTAL FUNDS | ( |
) | (48,874 | ) |
Cumbernauld Action for |
Care of the Elderly |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
12. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1.4.22 | in funds | funds | 31.3.23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 25,591 | (60,957 | ) | - | (35,366 | ) |
NLC Day Support | 96,427 | 42,681 | (177 | ) | 138,931 |
Chryston Day Support | - | (9,188 | ) | - | (9,188 | ) |
Contingency Fund | 38,000 | - | - | 38,000 |
160,018 | (27,464 | ) | (177 | ) | 132,377 |
Restricted funds |
Locality Lead | 19,277 | (19,380 | ) | 103 | - |
Activity Library | 639 | (639 | ) | - | - |
Community Transport | 11,773 | 11,418 | - | 23,191 |
Sporting Memories | 9,094 | (9,166 | ) | 72 | - |
New Minibus Fund | 26,154 | (6,539 | ) | - | 19,615 |
Volunteering/Befriending | 20,589 | 8,848 | - | 29,437 |
Service Redesign | 10,813 | (10,813 | ) | - | - |
Activity Suite Refurbishment | 2,481 | (2,253 | ) | - | 228 |
Allotment | 4,000 | 950 | - | 4,950 |
CACE Memories | 13,800 | (13,800 | ) | - | - |
Creative Breaks | 15,898 | (15,898 | ) | - | - |
Scottish Power Energy Networks | 186,949 | (47,580 | ) | - | 139,369 |
Lottery Fund | - | 8,395 | - | 8,395 |
NLC GAP | - | (2 | ) | 2 | - |
321,467 | (96,459 | ) | 177 | 225,185 |
TOTAL FUNDS | 481,485 | (123,923 | ) | - | 357,562 |
Cumbernauld Action for |
Care of the Elderly |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
12. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 41,461 | (102,418 | ) | (60,957 | ) |
NLC Day Support | 124,589 | (81,908 | ) | 42,681 |
Chryston Day Support | 14,603 | (23,791 | ) | (9,188 | ) |
180,653 | (208,117 | ) | (27,464 | ) |
Restricted funds |
Locality Lead | 40,000 | (59,380 | ) | (19,380 | ) |
Activity Library | - | (639 | ) | (639 | ) |
Community Transport | 68,053 | (56,635 | ) | 11,418 |
Sporting Memories | - | (9,166 | ) | (9,166 | ) |
New Minibus Fund | - | (6,539 | ) | (6,539 | ) |
Volunteering/Befriending | 18,327 | (9,479 | ) | 8,848 |
Home Visits & Befriending | 20,600 | (20,600 | ) | - |
Service Redesign | - | (10,813 | ) | (10,813 | ) |
Activity Suite Refurbishment | - | (2,253 | ) | (2,253 | ) |
Allotment | 1,000 | (50 | ) | 950 |
CACE Memories | - | (13,800 | ) | (13,800 | ) |
Creative Breaks | - | (15,898 | ) | (15,898 | ) |
Scottish Power Energy Networks | - | (47,580 | ) | (47,580 | ) |
Lottery Fund | 36,472 | (28,077 | ) | 8,395 |
NLC GAP | 10,000 | (10,002 | ) | (2 | ) |
194,452 | (290,911 | ) | (96,459 | ) |
TOTAL FUNDS | 375,105 | (499,028 | ) | (123,923 | ) |
Purposes of Restricted Funds |
Community Transport: Funding to provide transport to service users, local Community groups and registered individuals. |
New Minibus Fund: Appeal to raise funds for the purchase of a new minibus. |
Activity Suite Refurbishment: To refurbish the current CACE Activity Suite. |
National Lottery Community Fund Supported Groups: Funds a number of the regular activity groups we offer, which support people to explore and share their interests and learn new skills in the company of others. |
Home Visits and Befriending: A fund allocated to CACE to expand the range of our Befriending service. This can be group, face to face or befriending by telephone. |
Cumbernauld Action for |
Care of the Elderly |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
12. | MOVEMENT IN FUNDS - continued |
Volunteering/Befriending: Our ongoing befriending work offers weekly one-to-one contact at home for older people. Our volunteers also support the running of our many groups and the wider CACE operation. |
Scottish Power Energy Networks: Funding for the purchase of 2 electric minibuses fully adapted to carry wheelchairs, and contributed to the cost of a staff member to manage the project through the purchase and delivery of the buses and the installation of charging points to charge the buses. |
Allotment: Funding granted to create a new allotment. |
Age Scotland: Keeping the Doors Open grant awarded towards the costs of providing door to door community transport to enable people to attend day support and activities. |
Community Mental Health and Wellbeing Fund: This fund aims to improve mental health and wellbeing amongst 'at risk' groups in North Lanarkshire, reducing mental health inequalities and stigma through community-based support. |
13. | RELATED PARTY DISCLOSURES |