Quarriers Finances 2016

Financial Review

Overall incoming resources decreased by £0.5m to £41.7m. We continue to feel the effect of the increasing public sector deficit which has impacted on social care and health budgets across the UK.  Despite this, we have been successful in securing significant new services in Aberdeenshire and Moray. The fundraising team exceeded its income target, which is particularly encouraging in light of the competitive environment.

Future Developments
In the context of increasing compliance costs, Quarriers Board of Trustees will implement a new Strategic Plan in 2017 which will focus on the continued delivery of high-quality services at financially viable prices. A key component of this new strategy will be Project Evolution, an organisation-wide information system which will improve the way in which services are managed and delivered.

Statement of trustees
This is an extract from the Annual Report and Financial Statements of Quarriers which was approved by the Board of Trustees on 22 August 2016. These summarised accounts may not contain sufficient information to allow a full understanding of the financial affairs of the charity.

For further information, the full audited Annual Report and Financial Statements can be obtained from the Director of Finance at the registered office of Quarriers or the Registrar of Companies.

Extract from the Annual Report and Financial Statements of Quarriers for the year ended 31 March 2016.

Tom Scholes, Chairman
David Watts, Trustee